{
  "ticker": {
    "uuid": "730469ad-cc1e-4b68-9902-2f9b51a77c8c",
    "symbol": "1787",
    "name": "Nakabohtec Corrosion Protecting Co.,Ltd.",
    "exchange": "JPX",
    "country": "JP",
    "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": "2026-08-21",
    "benchmark": "^N225",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 62.023,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "mixed",
    "architecture_direction": 30.934,
    "architecture_energy": 32.63,
    "architecture_maturity": 47.258,
    "architecture_confidence": 44.729,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 38.59,
        "rotation_up": 49.15,
        "upward_expansion": 44.29,
        "deceleration": 50.4,
        "rotation_down": 25.99,
        "downward_expansion": 16.29
      },
      "activity_lines": [
        5921.333333,
        5896.545455,
        5696.857143,
        5686.823971
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 5920.0,
    "trend_reference": 5688.334587,
    "distance_from_trend": 0.040726,
    "trend_direction": "Improving",
    "fair_value": 4824.838526,
    "distance_from_fair_value": 0.226984,
    "fair_value_direction": "Improving",
    "relative_strength": -8.871055,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.042986,
    "excess_performance": -0.118748,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.040726,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.032779,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.226984,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.137699,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.088711,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.161953,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.042986,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.518072,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1700,
      "relative_activity": 0.692464,
      "balance": 1.518072,
      "dry_up": 0.936864,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.037292,
      "annualized_volatility": 0.244994,
      "from_high_reference": -0.075991,
      "from_low_reference": 0.218175
    },
    "levels": {
      "trend_reference": 5688.334587,
      "fair_value_reference": 4824.838526,
      "structural_low": 5130.0,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": -0.04383,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.031437,
        "regime_survival": 0.5,
        "best_return": -0.004024,
        "worst_return": -0.196546,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.017393,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.058246,
        "regime_survival": 0.0,
        "best_return": -0.00442,
        "worst_return": -0.285362,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.024376,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.133075,
        "regime_survival": 0.0,
        "best_return": 0.063279,
        "worst_return": -0.287829,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.009808,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.053915,
        "regime_survival": 0.0,
        "best_return": -0.000228,
        "worst_return": -0.019388,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-16",
        "end": "2024-08-30",
        "tenure": "New",
        "return": -0.001021,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-09-06",
        "end": "2024-10-04",
        "tenure": "Developing",
        "return": -0.013542,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-11",
        "end": "2024-12-13",
        "tenure": "Developing",
        "return": 0.035256,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-20",
        "end": "2025-03-14",
        "tenure": "Established",
        "return": 0.020408,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-21",
        "end": "2025-04-25",
        "tenure": "Developing",
        "return": -0.003923,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-02",
        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.003012,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-09-26",
        "tenure": "Established",
        "return": 0.05169,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-03",
        "end": "2025-10-17",
        "tenure": "New",
        "return": -0.021033,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-24",
        "end": "2025-12-12",
        "tenure": "Developing",
        "return": 0.066667,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-19",
        "end": "2026-04-17",
        "tenure": "Established",
        "return": 0.074667,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-24",
        "end": "2026-05-15",
        "tenure": "New",
        "return": -0.010949,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-05-22",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": 0.027184,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-26",
        "end": "2026-07-03",
        "tenure": "New",
        "return": 0.075472,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "violet",
        "start": "2026-07-10",
        "end": "2026-08-21",
        "tenure": "Developing",
        "return": -0.021488,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-09-01",
        "close": 4680.579102,
        "volume": 900,
        "typical_volume": 2925.0,
        "trend": 4307.791911,
        "fair_value": 4041.773976,
        "relative_strength": 3.242119,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.81217,
        "energy": 29.859332,
        "activity_lines": [
          4572.367188,
          4602.972408,
          4519.774568,
          4431.703622
        ]
      },
      {
        "date": "2023-09-08",
        "close": 4543.166992,
        "volume": 1800,
        "typical_volume": 2910.0,
        "trend": 4325.495272,
        "fair_value": 4051.712974,
        "relative_strength": 0.353118,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.560168,
        "energy": 24.895503,
        "activity_lines": [
          4573.51224,
          4589.387376,
          4530.20309,
          4446.889111
        ]
      },
      {
        "date": "2023-09-15",
        "close": 4491.638184,
        "volume": 1700,
        "typical_volume": 2860.0,
        "trend": 4342.023543,
        "fair_value": 4061.394231,
        "relative_strength": -3.562049,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.013792,
        "energy": 21.830061,
        "activity_lines": [
          4550.037891,
          4565.028134,
          4533.945122,
          4457.608008
        ]
      },
      {
        "date": "2023-09-22",
        "close": 4379.991211,
        "volume": 1500,
        "typical_volume": 2895.0,
        "trend": 4355.644059,
        "fair_value": 4070.28723,
        "relative_strength": -2.703989,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.663618,
        "energy": 6.517011,
        "activity_lines": [
          4492.21058,
          4521.30633,
          4526.113493,
          4460.057535
        ]
      },
      {
        "date": "2023-09-29",
        "close": 4474.461914,
        "volume": 2700,
        "typical_volume": 2975.0,
        "trend": 4368.887101,
        "fair_value": 4080.922812,
        "relative_strength": 1.06075,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.659783,
        "energy": 13.387838,
        "activity_lines": [
          4475.606803,
          4504.910725,
          4526.542941,
          4467.723203
        ]
      },
      {
        "date": "2023-10-06",
        "close": 4345.638184,
        "volume": 1700,
        "typical_volume": 3040.0,
        "trend": 4381.226896,
        "fair_value": 4090.103622,
        "relative_strength": 0.669916,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.171255,
        "energy": 13.572653,
        "activity_lines": [
          4419.497038,
          4473.680833,
          4513.844638,
          4466.223273
        ]
      },
      {
        "date": "2023-10-13",
        "close": 4294.108887,
        "volume": 500,
        "typical_volume": 2965.0,
        "trend": 4390.763965,
        "fair_value": 4100.623329,
        "relative_strength": -4.687357,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.704311,
        "energy": 36.071597,
        "activity_lines": [
          4368.540235,
          4437.454164,
          4495.523101,
          4460.602757
        ]
      },
      {
        "date": "2023-10-20",
        "close": 4182.461914,
        "volume": 900,
        "typical_volume": 2995.0,
        "trend": 4398.885238,
        "fair_value": 4110.016095,
        "relative_strength": -4.057973,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.997087,
        "energy": 54.306855,
        "activity_lines": [
          4296.971647,
          4383.426429,
          4466.364037,
          4447.163915
        ]
      },
      {
        "date": "2023-10-27",
        "close": 4208.227051,
        "volume": 100,
        "typical_volume": 2970.0,
        "trend": 4395.449951,
        "fair_value": 4119.453062,
        "relative_strength": -2.70272,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.555569,
        "energy": 64.576702,
        "activity_lines": [
          4254.60319,
          4340.485387,
          4440.149551,
          4434.863386
        ]
      },
      {
        "date": "2023-11-03",
        "close": 4285.520508,
        "volume": 800,
        "typical_volume": 2955.0,
        "trend": 4402.893067,
        "fair_value": 4129.699992,
        "relative_strength": -3.936006,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.191798,
        "energy": 63.6673,
        "activity_lines": [
          4249.450163,
          4317.375222,
          4421.337244,
          4427.771164
        ]
      },
      {
        "date": "2023-11-10",
        "close": 4251.167969,
        "volume": 1200,
        "typical_volume": 2885.0,
        "trend": 4404.32443,
        "fair_value": 4139.920244,
        "relative_strength": -6.61989,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.889814,
        "energy": 61.12064,
        "activity_lines": [
          4245.442383,
          4292.391327,
          4399.089683,
          4417.982448
        ]
      },
      {
        "date": "2023-11-17",
        "close": 4251.167969,
        "volume": 400,
        "typical_volume": 2870.0,
        "trend": 4407.044027,
        "fair_value": 4147.358474,
        "relative_strength": -9.451254,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.069254,
        "energy": 53.193235,
        "activity_lines": [
          4247.732617,
          4275.214906,
          4377.128397,
          4408.101386
        ]
      },
      {
        "date": "2023-11-24",
        "close": 4276.932129,
        "volume": 300,
        "typical_volume": 2640.0,
        "trend": 4406.471468,
        "fair_value": 4151.550855,
        "relative_strength": -9.035323,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.653614,
        "energy": 40.423628,
        "activity_lines": [
          4261.473633,
          4268.031952,
          4358.643248,
          4399.70707
        ]
      },
      {
        "date": "2023-12-01",
        "close": 4285.520508,
        "volume": 1600,
        "typical_volume": 2120.0,
        "trend": 4408.475375,
        "fair_value": 4155.895057,
        "relative_strength": -8.288759,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.292908,
        "energy": 34.945795,
        "activity_lines": [
          4271.779427,
          4266.314267,
          4342.243825,
          4391.903783
        ]
      },
      {
        "date": "2023-12-08",
        "close": 4251.167969,
        "volume": 1600,
        "typical_volume": 1510.0,
        "trend": 4407.044011,
        "fair_value": 4160.164199,
        "relative_strength": -5.899936,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.60384,
        "energy": 34.401008,
        "activity_lines": [
          4265.481478,
          4260.068315,
          4325.680848,
          4381.754918
        ]
      },
      {
        "date": "2023-12-15",
        "close": 4208.227051,
        "volume": 3100,
        "typical_volume": 1220.0,
        "trend": 4407.473421,
        "fair_value": 4164.109696,
        "relative_strength": -8.591618,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.779792,
        "energy": 41.099536,
        "activity_lines": [
          4247.160059,
          4250.074814,
          4308.340858,
          4368.928017
        ]
      },
      {
        "date": "2023-12-22",
        "close": 4122.345215,
        "volume": 800,
        "typical_volume": 1195.0,
        "trend": 4403.17933,
        "fair_value": 4167.86754,
        "relative_strength": -10.829756,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.022549,
        "energy": 71.278522,
        "activity_lines": [
          4203.074089,
          4226.964817,
          4284.62108,
          4350.532649
        ]
      },
      {
        "date": "2023-12-29",
        "close": 4014.991699,
        "volume": 1200,
        "typical_volume": 1210.0,
        "trend": 4394.161703,
        "fair_value": 4171.275901,
        "relative_strength": -13.706951,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.931704,
        "energy": 91.931863,
        "activity_lines": [
          4131.791797,
          4187.458976,
          4252.149419,
          4325.488286
        ]
      },
      {
        "date": "2024-01-05",
        "close": 4191.050293,
        "volume": 2200,
        "typical_volume": 1270.0,
        "trend": 4393.302865,
        "fair_value": 4175.9338,
        "relative_strength": -9.540915,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.851947,
        "energy": 81.716205,
        "activity_lines": [
          4136.658398,
          4183.0087,
          4238.919466,
          4312.384324
        ]
      },
      {
        "date": "2024-01-12",
        "close": 4251.167969,
        "volume": 4300,
        "typical_volume": 1465.0,
        "trend": 4393.302865,
        "fair_value": 4181.4609,
        "relative_strength": -13.706138,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.880514,
        "energy": 50.628608,
        "activity_lines": [
          4167.86224,
          4189.801216,
          4233.009961,
          4303.21433
        ]
      },
      {
        "date": "2024-01-19",
        "close": 4208.227051,
        "volume": 1200,
        "typical_volume": 1480.0,
        "trend": 4389.867578,
        "fair_value": 4186.180525,
        "relative_strength": -15.310477,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.935387,
        "energy": 39.008318,
        "activity_lines": [
          4184.752442,
          4189.410884,
          4224.319524,
          4291.273955
        ]
      },
      {
        "date": "2024-01-26",
        "close": 4337.049805,
        "volume": 1200,
        "typical_volume": 1450.0,
        "trend": 4385.573454,
        "fair_value": 4191.677551,
        "relative_strength": -11.755241,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.624542,
        "energy": 17.833953,
        "activity_lines": [
          4244.583561,
          4213.223615,
          4230.147217,
          4287.866357
        ]
      },
      {
        "date": "2024-02-02",
        "close": 4379.991211,
        "volume": 800,
        "typical_volume": 1405.0,
        "trend": 4380.134261,
        "fair_value": 4197.788526,
        "relative_strength": -11.523799,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 3.979357,
        "energy": 17.488104,
        "activity_lines": [
          4304.414844,
          4243.282387,
          4241.046078,
          4287.506212
        ]
      },
      {
        "date": "2024-02-09",
        "close": 4319.873535,
        "volume": 800,
        "typical_volume": 1370.0,
        "trend": 4359.522542,
        "fair_value": 4199.498336,
        "relative_strength": -14.150256,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.715374,
        "energy": 19.744029,
        "activity_lines": [
          4319.8736,
          4260.53687,
          4246.751098,
          4283.618424
        ]
      },
      {
        "date": "2024-02-16",
        "close": 4319.873535,
        "volume": 300,
        "typical_volume": 1250.0,
        "trend": 4338.624544,
        "fair_value": 4202.998324,
        "relative_strength": -17.311832,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.782966,
        "energy": 20.372854,
        "activity_lines": [
          4326.744141,
          4277.166753,
          4252.742392,
          4281.060423
        ]
      },
      {
        "date": "2024-02-23",
        "close": 4508.814453,
        "volume": 900,
        "typical_volume": 1210.0,
        "trend": 4336.04808,
        "fair_value": 4206.645045,
        "relative_strength": -14.69032,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 38.362861,
        "energy": 45.395087,
        "activity_lines": [
          4392.014616,
          4326.900337,
          4277.464195,
          4292.040417
        ]
      },
      {
        "date": "2024-03-01",
        "close": 4500.226563,
        "volume": 600,
        "typical_volume": 1215.0,
        "trend": 4338.338298,
        "fair_value": 4208.978757,
        "relative_strength": -16.189198,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.913539,
        "energy": 52.806949,
        "activity_lines": [
          4434.383301,
          4369.607262,
          4300.591074,
          4302.632577
        ]
      },
      {
        "date": "2024-03-08",
        "close": 4285.520508,
        "volume": 800,
        "typical_volume": 1210.0,
        "trend": 4330.036361,
        "fair_value": 4204.468869,
        "relative_strength": -19.358058,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.940778,
        "energy": 29.518131,
        "activity_lines": [
          4394.30485,
          4366.406152,
          4302.288244,
          4299.224978
        ]
      },
      {
        "date": "2024-03-15",
        "close": 4379.991211,
        "volume": 500,
        "typical_volume": 1230.0,
        "trend": 4325.16971,
        "fair_value": 4199.209833,
        "relative_strength": -15.08263,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.530722,
        "energy": 27.308112,
        "activity_lines": [
          4392.014681,
          4375.462829,
          4312.491869,
          4302.447872
        ]
      },
      {
        "date": "2024-03-22",
        "close": 4620.461426,
        "volume": 1400,
        "typical_volume": 1260.0,
        "trend": 4328.318734,
        "fair_value": 4195.492272,
        "relative_strength": -14.819257,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 48.030928,
        "energy": 40.751348,
        "activity_lines": [
          4465.873405,
          4424.806073,
          4344.779495,
          4321.49895
        ]
      },
      {
        "date": "2024-03-29",
        "close": 4462.359863,
        "volume": 15200,
        "typical_volume": 1960.0,
        "trend": 4321.044759,
        "fair_value": 4192.677957,
        "relative_strength": -16.15114,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 49.722535,
        "energy": 29.467908,
        "activity_lines": [
          4466.992415,
          4438.689151,
          4360.414872,
          4330.146765
        ]
      },
      {
        "date": "2024-04-05",
        "close": 4507.25293,
        "volume": 3400,
        "typical_volume": 2110.0,
        "trend": 4319.847624,
        "fair_value": 4193.642434,
        "relative_strength": -11.904345,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.995722,
        "energy": 33.347445,
        "activity_lines": [
          4486.172754,
          4456.114009,
          4379.320103,
          4342.160195
        ]
      },
      {
        "date": "2024-04-12",
        "close": 4471.338379,
        "volume": 1800,
        "typical_volume": 2185.0,
        "trend": 4319.170964,
        "fair_value": 4191.434257,
        "relative_strength": -13.342559,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.932628,
        "energy": 37.91944,
        "activity_lines": [
          4492.913151,
          4463.914347,
          4393.585449,
          4351.933792
        ]
      },
      {
        "date": "2024-04-19",
        "close": 4390.53125,
        "volume": 1600,
        "typical_volume": 2185.0,
        "trend": 4319.522298,
        "fair_value": 4188.558472,
        "relative_strength": -8.903291,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.294382,
        "energy": 25.320792,
        "activity_lines": [
          4460.329981,
          4455.361621,
          4399.229134,
          4356.537682
        ]
      },
      {
        "date": "2024-04-26",
        "close": 4444.402832,
        "volume": 600,
        "typical_volume": 2135.0,
        "trend": 4318.520329,
        "fair_value": 4185.678914,
        "relative_strength": -9.467865,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.599609,
        "energy": 19.870742,
        "activity_lines": [
          4445.001335,
          4455.319043,
          4409.503395,
          4364.59449
        ]
      },
      {
        "date": "2024-05-03",
        "close": 4372.574219,
        "volume": 900,
        "typical_volume": 2025.0,
        "trend": 4319.418197,
        "fair_value": 4182.737893,
        "relative_strength": -11.229802,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.442771,
        "energy": 15.402054,
        "activity_lines": [
          4417.467057,
          4439.952548,
          4412.016669,
          4368.081838
        ]
      },
      {
        "date": "2024-05-10",
        "close": 4363.595215,
        "volume": 1300,
        "typical_volume": 2050.0,
        "trend": 4321.734408,
        "fair_value": 4183.030849,
        "relative_strength": -10.971033,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.78747,
        "energy": 15.586072,
        "activity_lines": [
          4392.925488,
          4425.430602,
          4412.892195,
          4370.931968
        ]
      },
      {
        "date": "2024-05-17",
        "close": 4444.402832,
        "volume": 1600,
        "typical_volume": 2070.0,
        "trend": 4330.465772,
        "fair_value": 4184.739493,
        "relative_strength": -10.337083,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 29.891108,
        "energy": 14.259076,
        "activity_lines": [
          4404.896973,
          4428.085156,
          4420.314874,
          4378.84606
        ]
      },
      {
        "date": "2024-05-24",
        "close": 4439.913574,
        "volume": 1600,
        "typical_volume": 2040.0,
        "trend": 4338.188656,
        "fair_value": 4182.280004,
        "relative_strength": -9.793176,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.276215,
        "energy": 13.707209,
        "activity_lines": [
          4417.167741,
          4427.034712,
          4425.26519,
          4385.907209
        ]
      },
      {
        "date": "2024-05-31",
        "close": 4421.956055,
        "volume": 900,
        "typical_volume": 1870.0,
        "trend": 4342.736507,
        "fair_value": 4180.204124,
        "relative_strength": -9.501041,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.943945,
        "energy": 10.034456,
        "activity_lines": [
          4420.160514,
          4421.629767,
          4427.320203,
          4391.311557
        ]
      },
      {
        "date": "2024-06-07",
        "close": 4534.188477,
        "volume": 800,
        "typical_volume": 1850.0,
        "trend": 4352.170524,
        "fair_value": 4179.346398,
        "relative_strength": -7.48543,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 54.249878,
        "energy": 29.888606,
        "activity_lines": [
          4462.060547,
          4440.239906,
          4439.250742,
          4403.663297
        ]
      },
      {
        "date": "2024-06-14",
        "close": 4668.867676,
        "volume": 1200,
        "typical_volume": 1850.0,
        "trend": 4366.093848,
        "fair_value": 4180.748407,
        "relative_strength": -4.97386,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 67.528779,
        "energy": 53.800718,
        "activity_lines": [
          4538.079362,
          4482.031197,
          4462.455673,
          4424.095371
        ]
      },
      {
        "date": "2024-06-21",
        "close": 4848.439453,
        "volume": 2300,
        "typical_volume": 1925.0,
        "trend": 4385.144092,
        "fair_value": 4182.653186,
        "relative_strength": -0.672426,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.969681,
        "energy": 76.054353,
        "activity_lines": [
          4653.603939,
          4553.533452,
          4501.182594,
          4455.214443
        ]
      },
      {
        "date": "2024-06-28",
        "close": 4893.33252,
        "volume": 2600,
        "typical_volume": 2015.0,
        "trend": 4405.404492,
        "fair_value": 4184.097666,
        "relative_strength": -2.088559,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.253936,
        "energy": 95.714234,
        "activity_lines": [
          4757.157097,
          4626.341699,
          4541.954339,
          4488.000793
        ]
      },
      {
        "date": "2024-07-05",
        "close": 4956.182617,
        "volume": 2000,
        "typical_volume": 2100.0,
        "trend": 4428.904981,
        "fair_value": 4186.29413,
        "relative_strength": -3.772725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.520144,
        "energy": 96.572915,
        "activity_lines": [
          4851.432357,
          4701.435396,
          4585.98105,
          4523.534865
        ]
      },
      {
        "date": "2024-07-12",
        "close": 5153.711426,
        "volume": 7700,
        "typical_volume": 2440.0,
        "trend": 4460.421126,
        "fair_value": 4186.664757,
        "relative_strength": -0.196893,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 95.262815,
        "energy": 98.176767,
        "activity_lines": [
          4975.935449,
          4803.138335,
          4645.789986,
          4570.296572
        ]
      },
      {
        "date": "2024-07-19",
        "close": 4956.182617,
        "volume": 10600,
        "typical_volume": 2940.0,
        "trend": 4488.215706,
        "fair_value": 4185.370202,
        "relative_strength": -0.875066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.336397,
        "energy": 88.415094,
        "activity_lines": [
          4993.294076,
          4854.72445,
          4683.715716,
          4602.281184
        ]
      },
      {
        "date": "2024-07-26",
        "close": 4767.632324,
        "volume": 5900,
        "typical_volume": 3195.0,
        "trend": 4513.303727,
        "fair_value": 4185.161092,
        "relative_strength": 1.630443,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.749923,
        "energy": 64.55802,
        "activity_lines": [
          4928.648275,
          4861.254377,
          4701.513056,
          4620.308062
        ]
      },
      {
        "date": "2024-08-02",
        "close": 4552.145996,
        "volume": 1400,
        "typical_volume": 3240.0,
        "trend": 4525.340251,
        "fair_value": 4183.57066,
        "relative_strength": 1.958187,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.919352,
        "energy": 36.83539,
        "activity_lines": [
          4797.56084,
          4822.728072,
          4696.492118,
          4622.814015
        ]
      },
      {
        "date": "2024-08-09",
        "close": 4525.209961,
        "volume": 2000,
        "typical_volume": 3270.0,
        "trend": 4534.474984,
        "fair_value": 4181.308838,
        "relative_strength": 4.083069,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 16.219768,
        "energy": 23.734117,
        "activity_lines": [
          4680.240495,
          4777.263716,
          4688.086058,
          4622.80561
        ]
      },
      {
        "date": "2024-08-16",
        "close": 4395.020508,
        "volume": 700,
        "typical_volume": 2545.0,
        "trend": 4540.701432,
        "fair_value": 4179.259778,
        "relative_strength": -6.567318,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.821783,
        "energy": 29.209858,
        "activity_lines": [
          4548.255176,
          4706.251207,
          4667.734582,
          4613.808547
        ]
      },
      {
        "date": "2024-08-23",
        "close": 4444.402832,
        "volume": 1800,
        "typical_volume": 2465.0,
        "trend": 4544.279867,
        "fair_value": 4175.881504,
        "relative_strength": -5.860801,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -27.052027,
        "energy": 39.144456,
        "activity_lines": [
          4483.310026,
          4646.74763,
          4652.406848,
          4607.595734
        ]
      },
      {
        "date": "2024-08-30",
        "close": 4390.53125,
        "volume": 1400,
        "typical_volume": 2445.0,
        "trend": 4544.631201,
        "fair_value": 4171.359951,
        "relative_strength": -7.256666,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.703652,
        "energy": 41.67318,
        "activity_lines": [
          4434.526335,
          4581.530398,
          4632.247773,
          4597.676468
        ]
      },
      {
        "date": "2024-09-06",
        "close": 4309.724121,
        "volume": 3700,
        "typical_volume": 2550.0,
        "trend": 4544.292887,
        "fair_value": 4167.068478,
        "relative_strength": -3.000963,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.42202,
        "energy": 52.485535,
        "activity_lines": [
          4383.947005,
          4509.946564,
          4604.777576,
          4582.521173
        ]
      },
      {
        "date": "2024-09-13",
        "close": 4300.745605,
        "volume": 800,
        "typical_volume": 2560.0,
        "trend": 4543.65529,
        "fair_value": 4163.417659,
        "relative_strength": -3.457464,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.709293,
        "energy": 54.234985,
        "activity_lines": [
          4346.536295,
          4447.341335,
          4576.837079,
          4566.808445
        ]
      },
      {
        "date": "2024-09-20",
        "close": 4336.659668,
        "volume": 1000,
        "typical_volume": 2565.0,
        "trend": 4537.916797,
        "fair_value": 4160.296287,
        "relative_strength": -5.296294,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.699328,
        "energy": 52.561479,
        "activity_lines": [
          4336.06123,
          4403.182972,
          4553.001051,
          4553.453888
        ]
      },
      {
        "date": "2024-09-27",
        "close": 4260.341797,
        "volume": 1800,
        "typical_volume": 2590.0,
        "trend": 4529.920638,
        "fair_value": 4156.685697,
        "relative_strength": -11.411474,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.562086,
        "energy": 51.6759,
        "activity_lines": [
          4304.037598,
          4360.004119,
          4522.067676,
          4535.545824
        ]
      },
      {
        "date": "2024-10-04",
        "close": 4251.363281,
        "volume": 1800,
        "typical_volume": 2600.0,
        "trend": 4528.782064,
        "fair_value": 4154.06486,
        "relative_strength": -8.426325,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -67.396564,
        "energy": 59.870624,
        "activity_lines": [
          4281.291862,
          4327.84446,
          4490.770887,
          4517.574382
        ]
      },
      {
        "date": "2024-10-11",
        "close": 4201.980957,
        "volume": 700,
        "typical_volume": 2555.0,
        "trend": 4522.848389,
        "fair_value": 4150.130033,
        "relative_strength": -11.327044,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.03355,
        "energy": 70.63899,
        "activity_lines": [
          4251.363216,
          4296.092907,
          4455.690255,
          4496.490439
        ]
      },
      {
        "date": "2024-10-18",
        "close": 4210.959473,
        "volume": 500,
        "typical_volume": 2535.0,
        "trend": 4509.198324,
        "fair_value": 4147.100583,
        "relative_strength": -9.33941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.010212,
        "energy": 76.794474,
        "activity_lines": [
          4231.610287,
          4272.340447,
          4422.597733,
          4476.368574
        ]
      },
      {
        "date": "2024-10-25",
        "close": 4215.44873,
        "volume": 600,
        "typical_volume": 2525.0,
        "trend": 4500.967953,
        "fair_value": 4144.249524,
        "relative_strength": -6.314642,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.53461,
        "energy": 80.099489,
        "activity_lines": [
          4219.339518,
          4255.117862,
          4390.937505,
          4457.416987
        ]
      },
      {
        "date": "2024-11-01",
        "close": 4242.384766,
        "volume": 600,
        "typical_volume": 2495.0,
        "trend": 4492.139014,
        "fair_value": 4142.019976,
        "relative_strength": -5.716245,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.646457,
        "energy": 80.440293,
        "activity_lines": [
          4224.128158,
          4246.057679,
          4363.360421,
          4440.734201
        ]
      },
      {
        "date": "2024-11-08",
        "close": 4309.724121,
        "volume": 2800,
        "typical_volume": 2520.0,
        "trend": 4486.751872,
        "fair_value": 4141.618499,
        "relative_strength": -7.40497,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.151186,
        "energy": 65.338298,
        "activity_lines": [
          4252.560384,
          4252.914071,
          4344.227481,
          4428.965498
        ]
      },
      {
        "date": "2024-11-15",
        "close": 4291.766602,
        "volume": 600,
        "typical_volume": 2420.0,
        "trend": 4483.459717,
        "fair_value": 4141.10191,
        "relative_strength": -5.505433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.596052,
        "energy": 51.223928,
        "activity_lines": [
          4271.116048,
          4257.97468,
          4325.949612,
          4416.385803
        ]
      },
      {
        "date": "2024-11-22",
        "close": 4314.213379,
        "volume": 1100,
        "typical_volume": 2375.0,
        "trend": 4479.120068,
        "fair_value": 4139.332801,
        "relative_strength": -3.892262,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.704568,
        "energy": 34.654533,
        "activity_lines": [
          4291.168262,
          4267.443022,
          4312.67413,
          4405.466685
        ]
      },
      {
        "date": "2024-11-29",
        "close": 4314.213379,
        "volume": 0,
        "typical_volume": 1990.0,
        "trend": 4477.174707,
        "fair_value": 4135.768314,
        "relative_strength": -3.4597,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.839422,
        "energy": 27.949146,
        "activity_lines": [
          4304.336882,
          4276.666495,
          4302.455645,
          4394.827543
        ]
      },
      {
        "date": "2024-12-06",
        "close": 4471.338379,
        "volume": 800,
        "typical_volume": 1500.0,
        "trend": 4480.766146,
        "fair_value": 4134.358089,
        "relative_strength": -1.926758,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 7.476055,
        "energy": 25.496957,
        "activity_lines": [
          4363.296192,
          4314.866264,
          4311.199056,
          4394.451006
        ]
      },
      {
        "date": "2024-12-13",
        "close": 4350.127441,
        "volume": 3200,
        "typical_volume": 1365.0,
        "trend": 4477.623633,
        "fair_value": 4132.819198,
        "relative_strength": -5.229934,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -11.356459,
        "energy": 25.318941,
        "activity_lines": [
          4366.588281,
          4327.19138,
          4310.70735,
          4386.022702
        ]
      },
      {
        "date": "2024-12-20",
        "close": 4399.509766,
        "volume": 600,
        "typical_volume": 1325.0,
        "trend": 4476.276839,
        "fair_value": 4131.347506,
        "relative_strength": -2.079064,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.679544,
        "energy": 22.491291,
        "activity_lines": [
          4383.647591,
          4346.699388,
          4316.906841,
          4380.983098
        ]
      },
      {
        "date": "2024-12-27",
        "close": 4381.552734,
        "volume": 600,
        "typical_volume": 1255.0,
        "trend": 4474.930062,
        "fair_value": 4131.406469,
        "relative_strength": -6.127919,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.48362,
        "energy": 26.440959,
        "activity_lines": [
          4387.538346,
          4359.351048,
          4322.122977,
          4374.871866
        ]
      },
      {
        "date": "2025-01-03",
        "close": 4417.466797,
        "volume": 500,
        "typical_volume": 1245.0,
        "trend": 4471.039339,
        "fair_value": 4131.147063,
        "relative_strength": -4.205425,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.563754,
        "energy": 21.963733,
        "activity_lines": [
          4398.911165,
          4375.430842,
          4331.443583,
          4371.164558
        ]
      },
      {
        "date": "2025-01-10",
        "close": 4287.277344,
        "volume": 1800,
        "typical_volume": 1245.0,
        "trend": 4458.319661,
        "fair_value": 4130.452086,
        "relative_strength": -5.198976,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.866118,
        "energy": 17.935122,
        "activity_lines": [
          4360.003939,
          4364.16677,
          4328.258305,
          4359.308946
        ]
      },
      {
        "date": "2025-01-17",
        "close": 4430.935059,
        "volume": 3600,
        "typical_volume": 1355.0,
        "trend": 4444.402848,
        "fair_value": 4132.423496,
        "relative_strength": -0.109883,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 5.249858,
        "energy": 8.673836,
        "activity_lines": [
          4381.253353,
          4378.206055,
          4339.502932,
          4357.542197
        ]
      },
      {
        "date": "2025-01-24",
        "close": 4336.659668,
        "volume": 700,
        "typical_volume": 1205.0,
        "trend": 4425.847087,
        "fair_value": 4134.289296,
        "relative_strength": -5.660035,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.062248,
        "energy": 12.16438,
        "activity_lines": [
          4365.690462,
          4372.900524,
          4341.576551,
          4350.591024
        ]
      },
      {
        "date": "2025-01-31",
        "close": 4390.53125,
        "volume": 600,
        "typical_volume": 1195.0,
        "trend": 4406.992041,
        "fair_value": 4136.600171,
        "relative_strength": -3.456167,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.616337,
        "energy": 8.422084,
        "activity_lines": [
          4372.274772,
          4376.573589,
          4348.652532,
          4348.312583
        ]
      },
      {
        "date": "2025-02-07",
        "close": 4395.020508,
        "volume": 2400,
        "typical_volume": 1265.0,
        "trend": 4381.702344,
        "fair_value": 4139.089442,
        "relative_strength": -1.338181,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.882214,
        "energy": 7.912387,
        "activity_lines": [
          4379.756934,
          4379.675284,
          4355.728511,
          4347.540226
        ]
      },
      {
        "date": "2025-02-14",
        "close": 4318.702148,
        "volume": 2700,
        "typical_volume": 1310.0,
        "trend": 4360.452995,
        "fair_value": 4140.590773,
        "relative_strength": -3.917854,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -3.798713,
        "energy": 5.220613,
        "activity_lines": [
          4363.296061,
          4367.431694,
          4355.258166,
          4343.475697
        ]
      },
      {
        "date": "2025-02-21",
        "close": 4399.509766,
        "volume": 2800,
        "typical_volume": 1360.0,
        "trend": 4348.182243,
        "fair_value": 4144.704714,
        "relative_strength": -1.148996,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.227765,
        "energy": 7.941817,
        "activity_lines": [
          4371.676074,
          4372.655602,
          4362.205878,
          4345.995489
        ]
      },
      {
        "date": "2025-02-28",
        "close": 4412.977539,
        "volume": 2100,
        "typical_volume": 1430.0,
        "trend": 4343.543294,
        "fair_value": 4147.55845,
        "relative_strength": 3.376446,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 48.929222,
        "energy": 23.41652,
        "activity_lines": [
          4386.640365,
          4379.430336,
          4369.730776,
          4350.175831
        ]
      },
      {
        "date": "2025-03-07",
        "close": 4489.295898,
        "volume": 2600,
        "typical_volume": 1535.0,
        "trend": 4342.346159,
        "fair_value": 4151.649481,
        "relative_strength": 5.686433,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 63.784859,
        "energy": 43.099506,
        "activity_lines": [
          4421.95625,
          4399.836266,
          4383.519343,
          4359.579224
        ]
      },
      {
        "date": "2025-03-14",
        "close": 4489.295898,
        "volume": 500,
        "typical_volume": 1530.0,
        "trend": 4345.488672,
        "fair_value": 4155.491158,
        "relative_strength": 5.072729,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 63.991447,
        "energy": 58.735354,
        "activity_lines": [
          4450.687825,
          4418.28323,
          4395.982499,
          4369.059853
        ]
      },
      {
        "date": "2025-03-21",
        "close": 4740.696289,
        "volume": 1400,
        "typical_volume": 1570.0,
        "trend": 4355.36512,
        "fair_value": 4160.395785,
        "relative_strength": 8.886422,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.736924,
        "energy": 82.096608,
        "activity_lines": [
          4556.934505,
          4481.133372,
          4431.084514,
          4394.557118
        ]
      },
      {
        "date": "2025-03-28",
        "close": 5078.034668,
        "volume": 50900,
        "typical_volume": 3975.0,
        "trend": 4378.281901,
        "fair_value": 4167.33325,
        "relative_strength": 17.868712,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.328461,
        "energy": 88.251814,
        "activity_lines": [
          4747.494368,
          4597.073784,
          4495.941083,
          4441.18096
        ]
      },
      {
        "date": "2025-04-04",
        "close": 4584.46875,
        "volume": 10100,
        "typical_volume": 4450.0,
        "trend": 4387.440055,
        "fair_value": 4171.785004,
        "relative_strength": 16.544356,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.214607,
        "energy": 70.710743,
        "activity_lines": [
          4728.297266,
          4611.50949,
          4510.132752,
          4454.483338
        ]
      },
      {
        "date": "2025-04-11",
        "close": 4741.081055,
        "volume": 5700,
        "typical_volume": 4680.0,
        "trend": 4402.117904,
        "fair_value": 4177.266768,
        "relative_strength": 20.666832,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.812298,
        "energy": 66.136407,
        "activity_lines": [
          4749.871517,
          4649.914542,
          4537.846059,
          4477.298886
        ]
      },
      {
        "date": "2025-04-18",
        "close": 4693.623047,
        "volume": 1500,
        "typical_volume": 4755.0,
        "trend": 4414.016683,
        "fair_value": 4181.92264,
        "relative_strength": 15.205341,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.054782,
        "energy": 47.311976,
        "activity_lines": [
          4738.840755,
          4673.317232,
          4559.006852,
          4496.105669
        ]
      },
      {
        "date": "2025-04-25",
        "close": 4722.097656,
        "volume": 7600,
        "typical_volume": 5095.0,
        "trend": 4429.408545,
        "fair_value": 4186.995796,
        "relative_strength": 12.459603,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.252405,
        "energy": 33.599984,
        "activity_lines": [
          4723.67972,
          4696.467986,
          4581.0728,
          4515.981861
        ]
      },
      {
        "date": "2025-05-02",
        "close": 4726.84375,
        "volume": 2600,
        "typical_volume": 5065.0,
        "trend": 4445.257894,
        "fair_value": 4191.734204,
        "relative_strength": 8.885254,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.884165,
        "energy": 29.733228,
        "activity_lines": [
          4711.340625,
          4713.147203,
          4602.396666,
          4535.171229
        ]
      },
      {
        "date": "2025-05-09",
        "close": 4755.318848,
        "volume": 5800,
        "typical_volume": 5325.0,
        "trend": 4463.70249,
        "fair_value": 4200.176425,
        "relative_strength": 7.354886,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.338544,
        "energy": 32.131777,
        "activity_lines": [
          4731.905957,
          4729.052184,
          4624.638558,
          4555.175162
        ]
      },
      {
        "date": "2025-05-16",
        "close": 4741.081055,
        "volume": 1200,
        "typical_volume": 5355.0,
        "trend": 4481.37321,
        "fair_value": 4209.72722,
        "relative_strength": 6.13358,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.208549,
        "energy": 31.220048,
        "activity_lines": [
          4736.335352,
          4736.144087,
          4643.830141,
          4573.070553
        ]
      },
      {
        "date": "2025-05-23",
        "close": 4774.301758,
        "volume": 2200,
        "typical_volume": 5440.0,
        "trend": 4500.001644,
        "fair_value": 4221.029898,
        "relative_strength": 8.344169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.281841,
        "energy": 32.714407,
        "activity_lines": [
          4751.838314,
          4744.698207,
          4664.473561,
          4591.969169
        ]
      },
      {
        "date": "2025-05-30",
        "close": 4812.268555,
        "volume": 1200,
        "typical_volume": 5410.0,
        "trend": 4518.99777,
        "fair_value": 4232.471619,
        "relative_strength": 6.686003,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.467305,
        "energy": 34.951033,
        "activity_lines": [
          4774.618295,
          4754.973455,
          4687.033652,
          4612.115421
        ]
      },
      {
        "date": "2025-06-06",
        "close": 4964.135254,
        "volume": 3100,
        "typical_volume": 5385.0,
        "trend": 4540.811475,
        "fair_value": 4244.939012,
        "relative_strength": 10.448547,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.749244,
        "energy": 47.269001,
        "activity_lines": [
          4842.009115,
          4791.559517,
          4721.55728,
          4640.833969
        ]
      },
      {
        "date": "2025-06-13",
        "close": 4964.135254,
        "volume": 1600,
        "typical_volume": 5430.0,
        "trend": 4563.223763,
        "fair_value": 4257.041235,
        "relative_strength": 9.984138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.649823,
        "energy": 54.566906,
        "activity_lines": [
          4893.580501,
          4830.216477,
          4753.54186,
          4668.14518
        ]
      },
      {
        "date": "2025-06-20",
        "close": 5068.543457,
        "volume": 3200,
        "typical_volume": 5560.0,
        "trend": 4588.368099,
        "fair_value": 4269.708407,
        "relative_strength": 10.520216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.189641,
        "energy": 65.860122,
        "activity_lines": [
          4966.033529,
          4880.95372,
          4792.482099,
          4700.746451
        ]
      },
      {
        "date": "2025-06-27",
        "close": 4840.743652,
        "volume": 5400,
        "typical_volume": 5710.0,
        "trend": 4605.919108,
        "fair_value": 4280.054567,
        "relative_strength": 1.008567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.861977,
        "energy": 65.372972,
        "activity_lines": [
          4940.722461,
          4884.318954,
          4806.498489,
          4717.028745
        ]
      },
      {
        "date": "2025-07-04",
        "close": 5116.001465,
        "volume": 5000,
        "typical_volume": 5825.0,
        "trend": 4627.407878,
        "fair_value": 4291.852196,
        "relative_strength": 7.536027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.059007,
        "energy": 75.957817,
        "activity_lines": [
          5002.734538,
          4935.056144,
          4844.607417,
          4749.937284
        ]
      },
      {
        "date": "2025-07-11",
        "close": 5078.034668,
        "volume": 6400,
        "typical_volume": 6005.0,
        "trend": 4651.671452,
        "fair_value": 4301.789269,
        "relative_strength": 7.333112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.365595,
        "energy": 73.375878,
        "activity_lines": [
          5031.842155,
          4971.728391,
          4875.303797,
          4779.00998
        ]
      },
      {
        "date": "2025-07-18",
        "close": 5125.493164,
        "volume": 16200,
        "typical_volume": 6710.0,
        "trend": 4675.870898,
        "fair_value": 4302.927409,
        "relative_strength": 7.570885,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.237379,
        "energy": 70.361515,
        "activity_lines": [
          5069.175977,
          5010.644167,
          4907.288963,
          4809.579123
        ]
      },
      {
        "date": "2025-07-25",
        "close": 4983.118164,
        "volume": 9100,
        "typical_volume": 7035.0,
        "trend": 4695.923079,
        "fair_value": 4310.873617,
        "relative_strength": 0.55573,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.636798,
        "energy": 57.112772,
        "activity_lines": [
          5048.294271,
          5016.943137,
          4922.321673,
          4829.401527
        ]
      },
      {
        "date": "2025-08-01",
        "close": 5087.526367,
        "volume": 6900,
        "typical_volume": 7355.0,
        "trend": 4718.258398,
        "fair_value": 4319.984694,
        "relative_strength": 4.34963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.901794,
        "energy": 48.091798,
        "activity_lines": [
          5067.910319,
          5037.824742,
          4944.946487,
          4854.666255
        ]
      },
      {
        "date": "2025-08-08",
        "close": 5002.101563,
        "volume": 2100,
        "typical_volume": 7390.0,
        "trend": 4742.085872,
        "fair_value": 4328.730763,
        "relative_strength": 0.24771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.436596,
        "energy": 40.623621,
        "activity_lines": [
          5042.599251,
          5037.479572,
          4956.586889,
          4872.978717
        ]
      },
      {
        "date": "2025-08-15",
        "close": 5030.57666,
        "volume": 3200,
        "typical_volume": 5005.0,
        "trend": 4762.073926,
        "fair_value": 4335.494432,
        "relative_strength": -2.81013,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.763823,
        "energy": 29.780969,
        "activity_lines": [
          5034.37321,
          5038.860183,
          4969.694417,
          4891.591026
        ]
      },
      {
        "date": "2025-08-22",
        "close": 5059.051758,
        "volume": 1500,
        "typical_volume": 4575.0,
        "trend": 4786.153662,
        "fair_value": 4343.77089,
        "relative_strength": -0.597111,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.853601,
        "energy": 30.991224,
        "activity_lines": [
          5038.802734,
          5044.210059,
          4985.739851,
          4910.750886
        ]
      },
      {
        "date": "2025-08-29",
        "close": 5030.57666,
        "volume": 2400,
        "typical_volume": 4410.0,
        "trend": 4807.488509,
        "fair_value": 4350.821475,
        "relative_strength": -1.419717,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.759713,
        "energy": 24.938801,
        "activity_lines": [
          5038.169987,
          5042.656889,
          4996.813451,
          4926.520112
        ]
      },
      {
        "date": "2025-09-05",
        "close": 5078.034668,
        "volume": 3100,
        "typical_volume": 4490.0,
        "trend": 4830.255648,
        "fair_value": 4360.47163,
        "relative_strength": -1.17821,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.395802,
        "energy": 29.410741,
        "activity_lines": [
          5050.192676,
          5050.422754,
          5011.028311,
          4943.974703
        ]
      },
      {
        "date": "2025-09-12",
        "close": 5078.034668,
        "volume": 1200,
        "typical_volume": 4170.0,
        "trend": 4855.566732,
        "fair_value": 4369.834864,
        "relative_strength": -4.976529,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.688459,
        "energy": 33.021638,
        "activity_lines": [
          5062.848145,
          5053.874237,
          5023.41264,
          4959.960446
        ]
      },
      {
        "date": "2025-09-19",
        "close": 5030.57666,
        "volume": 1400,
        "typical_volume": 4110.0,
        "trend": 4876.602295,
        "fair_value": 4378.89388,
        "relative_strength": -6.395421,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.374206,
        "energy": 29.136189,
        "activity_lines": [
          5054.62207,
          5049.387296,
          5029.58222,
          4971.251409
        ]
      },
      {
        "date": "2025-09-26",
        "close": 5021.084961,
        "volume": 1800,
        "typical_volume": 3910.0,
        "trend": 4896.872542,
        "fair_value": 4388.126808,
        "relative_strength": -7.264856,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.862616,
        "energy": 23.886786,
        "activity_lines": [
          5043.232096,
          5044.037464,
          5033.401481,
          4980.572872
        ]
      },
      {
        "date": "2025-10-03",
        "close": 4964.135254,
        "volume": 2000,
        "typical_volume": 3950.0,
        "trend": 4912.700521,
        "fair_value": 4398.246682,
        "relative_strength": -9.123899,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.469998,
        "energy": 10.053407,
        "activity_lines": [
          5015.390007,
          5030.231472,
          5030.531408,
          4984.912401
        ]
      },
      {
        "date": "2025-10-10",
        "close": 4983.118164,
        "volume": 1700,
        "typical_volume": 3925.0,
        "trend": 4929.161263,
        "fair_value": 4408.383907,
        "relative_strength": -13.141466,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.453511,
        "energy": 12.787037,
        "activity_lines": [
          4998.30498,
          5020.222061,
          5028.407068,
          4989.455475
        ]
      },
      {
        "date": "2025-10-17",
        "close": 4859.727051,
        "volume": 3200,
        "typical_volume": 4025.0,
        "trend": 4933.128955,
        "fair_value": 4416.869407,
        "relative_strength": -14.308914,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -12.055064,
        "energy": 21.833749,
        "activity_lines": [
          4946.41735,
          4989.676234,
          5013.53683,
          4984.975848
        ]
      },
      {
        "date": "2025-10-24",
        "close": 4983.118164,
        "volume": 2700,
        "typical_volume": 4005.0,
        "trend": 4929.965072,
        "fair_value": 4426.119789,
        "relative_strength": -15.055756,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 3.252486,
        "energy": 20.451859,
        "activity_lines": [
          4950.213932,
          4984.153782,
          5010.192134,
          4988.200959
        ]
      },
      {
        "date": "2025-10-31",
        "close": 4964.135254,
        "volume": 2700,
        "typical_volume": 4060.0,
        "trend": 4942.620622,
        "fair_value": 4435.19632,
        "relative_strength": -20.187021,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 2.686059,
        "energy": 24.022113,
        "activity_lines": [
          4950.846777,
          4976.042773,
          5004.949147,
          4990.405487
        ]
      },
      {
        "date": "2025-11-07",
        "close": 5011.593262,
        "volume": 4700,
        "typical_volume": 4135.0,
        "trend": 4951.637695,
        "fair_value": 4445.150909,
        "relative_strength": -15.873873,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.780906,
        "energy": 12.614835,
        "activity_lines": [
          4971.095606,
          4978.286248,
          5004.22597,
          4994.855334
        ]
      },
      {
        "date": "2025-11-14",
        "close": 4964.135254,
        "volume": 1300,
        "typical_volume": 3930.0,
        "trend": 4960.654769,
        "fair_value": 4454.383942,
        "relative_strength": -16.666843,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.456919,
        "energy": 9.069916,
        "activity_lines": [
          4972.361231,
          4972.246147,
          4999.254174,
          4995.661628
        ]
      },
      {
        "date": "2025-11-21",
        "close": 5030.57666,
        "volume": 2800,
        "typical_volume": 3820.0,
        "trend": 4970.937402,
        "fair_value": 4463.912465,
        "relative_strength": -12.379531,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.333851,
        "energy": 13.279324,
        "activity_lines": [
          4997.039518,
          4980.3572,
          5000.022552,
          5000.172718
        ]
      },
      {
        "date": "2025-11-28",
        "close": 5002.101563,
        "volume": 1600,
        "typical_volume": 3580.0,
        "trend": 4980.112663,
        "fair_value": 4472.658533,
        "relative_strength": -15.513914,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.133885,
        "energy": 12.903132,
        "activity_lines": [
          5000.836133,
          4984.153835,
          4998.4858,
          5002.183309
        ]
      },
      {
        "date": "2025-12-05",
        "close": 5097.018066,
        "volume": 3400,
        "typical_volume": 2940.0,
        "trend": 4991.502637,
        "fair_value": 4482.352128,
        "relative_strength": -14.128173,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 37.340144,
        "energy": 21.770123,
        "activity_lines": [
          5035.006022,
          5005.725746,
          5006.350302,
          5009.725593
        ]
      },
      {
        "date": "2025-12-12",
        "close": 5315.326172,
        "volume": 3900,
        "typical_volume": 2680.0,
        "trend": 5010.644141,
        "fair_value": 4492.062702,
        "relative_strength": -10.975039,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 78.980195,
        "energy": 65.431204,
        "activity_lines": [
          5133.086426,
          5065.609437,
          5035.141648,
          5030.617434
        ]
      },
      {
        "date": "2025-12-19",
        "close": 5210.917969,
        "volume": 2100,
        "typical_volume": 2440.0,
        "trend": 5025.198014,
        "fair_value": 4502.329922,
        "relative_strength": -10.256506,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.875792,
        "energy": 66.688824,
        "activity_lines": [
          5176.115234,
          5100.12453,
          5052.407413,
          5043.538326
        ]
      },
      {
        "date": "2025-12-26",
        "close": 5315.326172,
        "volume": 2700,
        "typical_volume": 2470.0,
        "trend": 5041.966602,
        "fair_value": 4513.370757,
        "relative_strength": -10.64158,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.038066,
        "energy": 77.332338,
        "activity_lines": [
          5237.494596,
          5149.481117,
          5079.029236,
          5062.256272
        ]
      },
      {
        "date": "2026-01-02",
        "close": 5267.868164,
        "volume": 600,
        "typical_volume": 2340.0,
        "trend": 5052.091032,
        "fair_value": 4524.263879,
        "relative_strength": -10.627337,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.557035,
        "energy": 76.07512,
        "activity_lines": [
          5264.071322,
          5181.925355,
          5099.639704,
          5076.830566
        ]
      },
      {
        "date": "2026-01-09",
        "close": 5400.750977,
        "volume": 12300,
        "typical_volume": 2880.0,
        "trend": 5066.644889,
        "fair_value": 4535.930562,
        "relative_strength": -11.117126,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.711718,
        "energy": 78.624062,
        "activity_lines": [
          5317.224544,
          5233.352832,
          5131.775719,
          5099.324756
        ]
      },
      {
        "date": "2026-01-16",
        "close": 5391.259277,
        "volume": 3500,
        "typical_volume": 2935.0,
        "trend": 5077.402083,
        "fair_value": 4547.901571,
        "relative_strength": -14.34215,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.687735,
        "energy": 77.178945,
        "activity_lines": [
          5346.965007,
          5275.116078,
          5161.380622,
          5120.26762
        ]
      },
      {
        "date": "2026-01-23",
        "close": 5552.617676,
        "volume": 7700,
        "typical_volume": 3165.0,
        "trend": 5101.131218,
        "fair_value": 4555.846717,
        "relative_strength": -11.55222,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.886235,
        "energy": 80.932155,
        "activity_lines": [
          5425.429395,
          5339.314196,
          5204.635456,
          5150.926691
        ]
      },
      {
        "date": "2026-01-30",
        "close": 5467.192871,
        "volume": 5200,
        "typical_volume": 3365.0,
        "trend": 5112.837598,
        "fair_value": 4564.391946,
        "relative_strength": -11.934827,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.922593,
        "energy": 71.264965,
        "activity_lines": [
          5452.638867,
          5377.280851,
          5237.494675,
          5174.543572
        ]
      },
      {
        "date": "2026-02-06",
        "close": 5600.075684,
        "volume": 2900,
        "typical_volume": 3440.0,
        "trend": 5130.238965,
        "fair_value": 4574.571494,
        "relative_strength": -11.193985,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.800336,
        "energy": 81.148252,
        "activity_lines": [
          5514.018164,
          5431.46954,
          5281.156266,
          5205.978287
        ]
      },
      {
        "date": "2026-02-13",
        "close": 5694.992188,
        "volume": 4600,
        "typical_volume": 3580.0,
        "trend": 5149.222266,
        "fair_value": 4585.463816,
        "relative_strength": -13.805604,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.739359,
        "energy": 88.383525,
        "activity_lines": [
          5584.889128,
          5492.043519,
          5331.145624,
          5242.413979
        ]
      },
      {
        "date": "2026-02-20",
        "close": 5676.009277,
        "volume": 3800,
        "typical_volume": 3670.0,
        "trend": 5172.318636,
        "fair_value": 4596.390954,
        "relative_strength": -13.723069,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.03069,
        "energy": 83.775224,
        "activity_lines": [
          5629.816374,
          5538.293803,
          5376.118004,
          5276.400237
        ]
      },
      {
        "date": "2026-02-27",
        "close": 6055.675293,
        "volume": 10700,
        "typical_volume": 4120.0,
        "trend": 5204.590267,
        "fair_value": 4609.073676,
        "relative_strength": -10.883742,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.948067,
        "energy": 94.635068,
        "activity_lines": [
          5782.315625,
          5647.016397,
          5453.859175,
          5333.390989
        ]
      },
      {
        "date": "2026-03-06",
        "close": 5846.858887,
        "volume": 8300,
        "typical_volume": 4375.0,
        "trend": 5232.748844,
        "fair_value": 4621.069923,
        "relative_strength": -8.708773,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.498345,
        "energy": 82.059231,
        "activity_lines": [
          5831.672233,
          5702.413148,
          5506.605655,
          5374.827675
        ]
      },
      {
        "date": "2026-03-13",
        "close": 6131.608398,
        "volume": 4700,
        "typical_volume": 4475.0,
        "trend": 5269.449902,
        "fair_value": 4634.682818,
        "relative_strength": -0.939041,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.463768,
        "energy": 82.208243,
        "activity_lines": [
          5950.634277,
          5799.918306,
          5581.770508,
          5432.818614
        ]
      },
      {
        "date": "2026-03-20",
        "close": 6112.625,
        "volume": 21800,
        "typical_volume": 5430.0,
        "trend": 5304.56901,
        "fair_value": 4648.617441,
        "relative_strength": -0.230049,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.043309,
        "energy": 71.925751,
        "activity_lines": [
          6027.833008,
          5878.267569,
          5649.658417,
          5487.217007
        ]
      },
      {
        "date": "2026-03-27",
        "close": 6255.0,
        "volume": 3800,
        "typical_volume": 5385.0,
        "trend": 5345.383122,
        "fair_value": 4661.077149,
        "relative_strength": 2.42918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.620144,
        "energy": 70.545641,
        "activity_lines": [
          6124.647884,
          5969.560032,
          5725.636851,
          5548.535135
        ]
      },
      {
        "date": "2026-04-03",
        "close": 5900.0,
        "volume": 4800,
        "typical_volume": 5560.0,
        "trend": 5372.781966,
        "fair_value": 4672.857744,
        "relative_strength": -2.526363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.421978,
        "energy": 58.949309,
        "activity_lines": [
          6064.530046,
          5980.602663,
          5761.884777,
          5584.316869
        ]
      },
      {
        "date": "2026-04-10",
        "close": 5660.0,
        "volume": 3300,
        "typical_volume": 5585.0,
        "trend": 5392.180811,
        "fair_value": 4682.163981,
        "relative_strength": -12.115595,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.152795,
        "energy": 41.401922,
        "activity_lines": [
          5934.79056,
          5941.692889,
          5770.819062,
          5602.847065
        ]
      },
      {
        "date": "2026-04-17",
        "close": 5600.0,
        "volume": 2800,
        "typical_volume": 5645.0,
        "trend": 5411.161589,
        "fair_value": 4691.33334,
        "relative_strength": -14.784327,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.231914,
        "energy": 22.809008,
        "activity_lines": [
          5797.508333,
          5888.368439,
          5771.041806,
          5616.254755
        ]
      },
      {
        "date": "2026-04-24",
        "close": 5480.0,
        "volume": 3400,
        "typical_volume": 5645.0,
        "trend": 5426.458757,
        "fair_value": 4698.935206,
        "relative_strength": -17.772716,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.054743,
        "energy": 24.247752,
        "activity_lines": [
          5655.666667,
          5813.227184,
          5756.988844,
          5620.695943
        ]
      },
      {
        "date": "2026-05-01",
        "close": 5510.0,
        "volume": 1100,
        "typical_volume": 5505.0,
        "trend": 5444.654248,
        "fair_value": 4707.1698,
        "relative_strength": -16.526175,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.572487,
        "energy": 26.79531,
        "activity_lines": [
          5566.0,
          5747.449423,
          5743.969301,
          5626.0857
        ]
      },
      {
        "date": "2026-05-08",
        "close": 5400.0,
        "volume": 2400,
        "typical_volume": 5520.0,
        "trend": 5458.550309,
        "fair_value": 4714.258845,
        "relative_strength": -21.81597,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -10.908906,
        "energy": 30.141925,
        "activity_lines": [
          5489.333333,
          5664.690012,
          5719.546549,
          5623.204781
        ]
      },
      {
        "date": "2026-05-15",
        "close": 5420.0,
        "volume": 3800,
        "typical_volume": 5575.0,
        "trend": 5477.226074,
        "fair_value": 4722.1092,
        "relative_strength": -19.333929,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -26.606303,
        "energy": 35.365818,
        "activity_lines": [
          5452.666667,
          5597.488335,
          5696.128169,
          5620.717664
        ]
      },
      {
        "date": "2026-05-22",
        "close": 5150.0,
        "volume": 11400,
        "typical_volume": 6115.0,
        "trend": 5482.788802,
        "fair_value": 4727.870944,
        "relative_strength": -25.066368,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.244203,
        "energy": 57.245147,
        "activity_lines": [
          5342.0,
          5488.956818,
          5646.497056,
          5599.606305
        ]
      },
      {
        "date": "2026-05-29",
        "close": 5280.0,
        "volume": 3000,
        "typical_volume": 5650.0,
        "trend": 5493.317627,
        "fair_value": 4734.245812,
        "relative_strength": -26.020222,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.151825,
        "energy": 56.589481,
        "activity_lines": [
          5304.666667,
          5421.909091,
          5609.808173,
          5586.523156
        ]
      },
      {
        "date": "2026-06-05",
        "close": 5220.0,
        "volume": 300,
        "typical_volume": 5490.0,
        "trend": 5500.264518,
        "fair_value": 4740.676482,
        "relative_strength": -26.446433,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.524262,
        "energy": 62.653628,
        "activity_lines": [
          5260.666667,
          5359.090909,
          5567.980008,
          5568.889761
        ]
      },
      {
        "date": "2026-06-12",
        "close": 5190.0,
        "volume": 100,
        "typical_volume": 5110.0,
        "trend": 5507.793343,
        "fair_value": 4746.694636,
        "relative_strength": -25.533193,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.417308,
        "energy": 71.69901,
        "activity_lines": [
          5226.0,
          5309.636364,
          5524.110221,
          5548.872695
        ]
      },
      {
        "date": "2026-06-19",
        "close": 5290.0,
        "volume": 100,
        "typical_volume": 4855.0,
        "trend": 5516.440788,
        "fair_value": 4752.968446,
        "relative_strength": -28.922273,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.374846,
        "energy": 67.505799,
        "activity_lines": [
          5238.666667,
          5291.272727,
          5491.490995,
          5534.821512
        ]
      },
      {
        "date": "2026-06-26",
        "close": 5300.0,
        "volume": 100,
        "typical_volume": 4715.0,
        "trend": 5526.370736,
        "fair_value": 4758.315411,
        "relative_strength": -26.248822,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.12133,
        "energy": 72.285382,
        "activity_lines": [
          5263.333333,
          5281.454545,
          5460.667925,
          5520.85759
        ]
      },
      {
        "date": "2026-07-03",
        "close": 5700.0,
        "volume": 2200,
        "typical_volume": 4595.0,
        "trend": 5546.470133,
        "fair_value": 4765.731007,
        "relative_strength": -20.427557,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -18.560982,
        "energy": 17.90982,
        "activity_lines": [
          5411.333333,
          5349.818182,
          5469.369024,
          5532.059478
        ]
      },
      {
        "date": "2026-07-10",
        "close": 6050.0,
        "volume": 2500,
        "typical_volume": 4530.0,
        "trend": 5570.959261,
        "fair_value": 4772.857769,
        "relative_strength": -13.4303,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 32.97711,
        "energy": 42.002786,
        "activity_lines": [
          5648.0,
          5477.818182,
          5511.379611,
          5564.545276
        ]
      },
      {
        "date": "2026-07-17",
        "close": 6030.0,
        "volume": 1100,
        "typical_volume": 4050.0,
        "trend": 5598.261995,
        "fair_value": 4779.801273,
        "relative_strength": -7.167357,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 48.331907,
        "energy": 55.463181,
        "activity_lines": [
          5822.666667,
          5592.363636,
          5549.704527,
          5594.160807
        ]
      },
      {
        "date": "2026-07-24",
        "close": 6000.0,
        "volume": 2300,
        "typical_volume": 3750.0,
        "trend": 5621.084456,
        "fair_value": 4788.86468,
        "relative_strength": -7.822641,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.714868,
        "energy": 66.918588,
        "activity_lines": [
          5931.333333,
          5690.0,
          5585.294564,
          5620.079388
        ]
      },
      {
        "date": "2026-07-31",
        "close": 5800.0,
        "volume": 1000,
        "typical_volume": 3565.0,
        "trend": 5638.822184,
        "fair_value": 4797.636988,
        "relative_strength": -9.955944,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 29.268143,
        "energy": 63.53519,
        "activity_lines": [
          5926.0,
          5740.727273,
          5601.107738,
          5631.622327
        ]
      },
      {
        "date": "2026-08-07",
        "close": 6020.0,
        "volume": 3000,
        "typical_volume": 2625.0,
        "trend": 5659.463818,
        "fair_value": 4807.15892,
        "relative_strength": -7.820292,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.399447,
        "energy": 62.302096,
        "activity_lines": [
          5960.666667,
          5819.636364,
          5639.452381,
          5656.214444
        ]
      },
      {
        "date": "2026-08-14",
        "close": 5890.0,
        "volume": 3500,
        "typical_volume": 2610.0,
        "trend": 5676.088509,
        "fair_value": 4815.902569,
        "relative_strength": -13.382813,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 25.195209,
        "energy": 35.382113,
        "activity_lines": [
          5930.666667,
          5861.454545,
          5665.857143,
          5671.087746
        ]
      },
      {
        "date": "2026-08-21",
        "close": 5920.0,
        "volume": 1700,
        "typical_volume": 2455.0,
        "trend": 5688.334587,
        "fair_value": 4824.838526,
        "relative_strength": -8.871055,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 30.934111,
        "energy": 32.629745,
        "activity_lines": [
          5921.333333,
          5896.545455,
          5696.857143,
          5686.823971
        ]
      }
    ],
    "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."
    }
  }
}