{
  "ticker": {
    "uuid": "78180003-dd3a-41ce-b054-fd98efda73f0",
    "symbol": "3678",
    "name": "Ushine Photonics Corporation",
    "exchange": "TWO",
    "country": "TW",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 26.819,
    "architecture_energy": 14.164,
    "architecture_maturity": 32.434,
    "architecture_confidence": 56.174,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 51.37,
        "rotation_up": 37.96,
        "upward_expansion": 53.36,
        "deceleration": 63.76,
        "rotation_down": 14.92,
        "downward_expansion": 19.36
      },
      "activity_lines": [
        51.05,
        50.265487,
        52.34708,
        52.15829
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.0
    },
    "latest_close": 53.299999,
    "trend_reference": 49.875147,
    "distance_from_trend": 0.068669,
    "trend_direction": "Improving",
    "fair_value": 45.047631,
    "distance_from_fair_value": 0.183192,
    "fair_value_direction": "Weakening",
    "relative_strength": -13.418412,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.46033,
    "excess_performance": 0.018958,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.068669,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.092362,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.183192,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.053698,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.134184,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.041258,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.46033,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.373329,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 107105,
      "relative_activity": 0.174604,
      "balance": 1.373329,
      "dry_up": 0.154459,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.10489,
      "annualized_volatility": 0.772688,
      "from_high_reference": -0.330459,
      "from_low_reference": 0.544659
    },
    "levels": {
      "trend_reference": 49.875147,
      "fair_value_reference": 45.047631,
      "structural_low": 37.324803,
      "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": 14,
        "median_return": -0.091351,
        "positive_rate": 0.214286,
        "directional_follow_through": 0.214286,
        "median_excess_return": -0.142037,
        "regime_survival": 0.571429,
        "best_return": 0.065737,
        "worst_return": -0.207895,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.190961,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.268981,
        "regime_survival": 0.0,
        "best_return": 1.467153,
        "worst_return": -0.350369,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.079914,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.015545,
        "regime_survival": 0.0,
        "best_return": 1.536842,
        "worst_return": -0.483395,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.125969,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.193916,
        "regime_survival": 0.333333,
        "best_return": 2.761511,
        "worst_return": -0.395934,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-02",
        "end": "2024-08-09",
        "tenure": "New",
        "return": -0.102079,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-16",
        "end": "2024-08-23",
        "tenure": "New",
        "return": 0.115044,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-30",
        "end": "2024-09-27",
        "tenure": "Developing",
        "return": 0.208494,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-04",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": -0.129969,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-22",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": -0.241435,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-17",
        "end": "2025-02-21",
        "tenure": "Developing",
        "return": 0.072187,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-28",
        "end": "2025-07-18",
        "tenure": "Established",
        "return": -0.049049,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-25",
        "end": "2025-08-08",
        "tenure": "New",
        "return": -0.048343,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-15",
        "end": "2025-10-03",
        "tenure": "Developing",
        "return": -0.105505,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-10",
        "end": "2026-02-06",
        "tenure": "Established",
        "return": -0.048162,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-13",
        "end": "2026-03-06",
        "tenure": "New",
        "return": 0.126408,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-03-13",
        "end": "2026-03-27",
        "tenure": "New",
        "return": 0.286713,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-03",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": 0.262594,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-05",
        "end": "2026-08-14",
        "tenure": "Developing",
        "return": -0.070587,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 37.374569,
        "volume": 306907,
        "typical_volume": 269613.7,
        "trend": 61.803043,
        "fair_value": 34.821611,
        "relative_strength": -48.676778,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -91.452141,
        "energy": 95.756212,
        "activity_lines": [
          43.183243,
          47.167775,
          54.485141,
          58.622205
        ]
      },
      {
        "date": "2023-08-18",
        "close": 31.02969,
        "volume": 1565350,
        "typical_volume": 329501.55,
        "trend": 61.393577,
        "fair_value": 34.970809,
        "relative_strength": -56.368129,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -94.091125,
        "energy": 96.017148,
        "activity_lines": [
          38.724994,
          43.513542,
          51.73038,
          56.636827
        ]
      },
      {
        "date": "2023-08-25",
        "close": 33.715843,
        "volume": 345993,
        "typical_volume": 338890.95,
        "trend": 61.067769,
        "fair_value": 35.13875,
        "relative_strength": -52.296983,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.502409,
        "energy": 90.165428,
        "activity_lines": [
          36.269231,
          40.972022,
          49.423942,
          54.851167
        ]
      },
      {
        "date": "2023-09-01",
        "close": 39.366028,
        "volume": 258578,
        "typical_volume": 344055.25,
        "trend": 60.380426,
        "fair_value": 35.343215,
        "relative_strength": -43.770506,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.916963,
        "energy": 67.489226,
        "activity_lines": [
          36.389646,
          39.991591,
          47.832383,
          53.451054
        ]
      },
      {
        "date": "2023-09-08",
        "close": 40.848042,
        "volume": 191268,
        "typical_volume": 336420.15,
        "trend": 59.148501,
        "fair_value": 35.558629,
        "relative_strength": -40.003453,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.537978,
        "energy": 64.817749,
        "activity_lines": [
          37.48572,
          39.530427,
          46.551572,
          52.190901
        ]
      },
      {
        "date": "2023-09-15",
        "close": 38.949207,
        "volume": 123161,
        "typical_volume": 325823.05,
        "trend": 57.976783,
        "fair_value": 35.761871,
        "relative_strength": -42.468464,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.647562,
        "energy": 56.400408,
        "activity_lines": [
          38.313178,
          38.945279,
          45.193236,
          50.88772
        ]
      },
      {
        "date": "2023-09-22",
        "close": 37.513508,
        "volume": 31171,
        "typical_volume": 302697.7,
        "trend": 56.698398,
        "fair_value": 35.958273,
        "relative_strength": -41.185853,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.608268,
        "energy": 50.176793,
        "activity_lines": [
          38.557093,
          38.385354,
          43.854214,
          49.567509
        ]
      },
      {
        "date": "2023-09-29",
        "close": 35.151546,
        "volume": 108492,
        "typical_volume": 290695.9,
        "trend": 55.470663,
        "fair_value": 36.137857,
        "relative_strength": -43.384393,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.124874,
        "energy": 52.225575,
        "activity_lines": [
          37.581433,
          37.580029,
          42.446825,
          48.17739
        ]
      },
      {
        "date": "2023-10-06",
        "close": 35.475735,
        "volume": 69892,
        "typical_volume": 287863.7,
        "trend": 54.34489,
        "fair_value": 36.319824,
        "relative_strength": -42.160511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.968543,
        "energy": 55.967182,
        "activity_lines": [
          36.618123,
          36.996486,
          41.209155,
          46.887394
        ]
      },
      {
        "date": "2023-10-13",
        "close": 41.218544,
        "volume": 111507,
        "typical_volume": 272992.75,
        "trend": 53.366437,
        "fair_value": 36.538147,
        "relative_strength": -32.49935,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.897903,
        "energy": 45.082942,
        "activity_lines": [
          37.828435,
          37.659182,
          40.666643,
          46.040533
        ]
      },
      {
        "date": "2023-10-20",
        "close": 37.189316,
        "volume": 90489,
        "typical_volume": 255766.1,
        "trend": 52.318367,
        "fair_value": 36.73087,
        "relative_strength": -36.527629,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.958479,
        "energy": 45.980426,
        "activity_lines": [
          37.670971,
          37.681918,
          39.86337,
          44.996848
        ]
      },
      {
        "date": "2023-10-27",
        "close": 37.050377,
        "volume": 25420,
        "typical_volume": 248400.55,
        "trend": 51.17157,
        "fair_value": 36.922702,
        "relative_strength": -34.577991,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.329511,
        "energy": 41.70514,
        "activity_lines": [
          37.58452,
          37.68276,
          39.193229,
          44.011816
        ]
      },
      {
        "date": "2023-11-03",
        "close": 37.143002,
        "volume": 31710,
        "typical_volume": 236316.0,
        "trend": 50.048443,
        "fair_value": 37.112002,
        "relative_strength": -35.002851,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.296293,
        "energy": 36.184859,
        "activity_lines": [
          37.559819,
          37.590976,
          38.666752,
          43.106747
        ]
      },
      {
        "date": "2023-11-10",
        "close": 35.522045,
        "volume": 35636,
        "typical_volume": 223963.9,
        "trend": 48.733081,
        "fair_value": 37.28283,
        "relative_strength": -37.555237,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.241235,
        "energy": 44.964596,
        "activity_lines": [
          36.862036,
          37.14216,
          38.109379,
          42.16956
        ]
      },
      {
        "date": "2023-11-17",
        "close": 35.846241,
        "volume": 139250,
        "typical_volume": 224389.6,
        "trend": 47.843137,
        "fair_value": 37.456955,
        "relative_strength": -38.291634,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.632743,
        "energy": 47.499904,
        "activity_lines": [
          36.269231,
          36.82218,
          37.666612,
          41.338151
        ]
      },
      {
        "date": "2023-11-24",
        "close": 35.38311,
        "volume": 9400,
        "typical_volume": 221326.55,
        "trend": 46.631942,
        "fair_value": 37.636499,
        "relative_strength": -38.66955,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.820218,
        "energy": 51.302973,
        "activity_lines": [
          35.880202,
          36.508936,
          37.261505,
          40.534279
        ]
      },
      {
        "date": "2023-12-01",
        "close": 34.271599,
        "volume": 48450,
        "typical_volume": 202565.2,
        "trend": 45.427805,
        "fair_value": 37.809222,
        "relative_strength": -40.474025,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.090078,
        "energy": 72.295028,
        "activity_lines": [
          35.241083,
          36.058437,
          36.842493,
          39.736837
        ]
      },
      {
        "date": "2023-12-08",
        "close": 40.755417,
        "volume": 160024,
        "typical_volume": 192023.05,
        "trend": 44.64269,
        "fair_value": 38.019773,
        "relative_strength": -28.072297,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.067021,
        "energy": 28.74054,
        "activity_lines": [
          36.948489,
          36.845758,
          37.104629,
          39.435393
        ]
      },
      {
        "date": "2023-12-15",
        "close": 45.386711,
        "volume": 473640,
        "typical_volume": 210243.9,
        "trend": 43.935498,
        "fair_value": 38.256733,
        "relative_strength": -20.563264,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 12.30783,
        "energy": 18.165806,
        "activity_lines": [
          39.958832,
          38.373244,
          37.823804,
          39.483394
        ]
      },
      {
        "date": "2023-12-22",
        "close": 47.980236,
        "volume": 406411,
        "typical_volume": 226637.45,
        "trend": 43.300055,
        "fair_value": 38.512071,
        "relative_strength": -15.40814,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "down",
        "direction": 24.094197,
        "energy": 37.557701,
        "activity_lines": [
          43.176039,
          40.19208,
          38.795714,
          39.744345
        ]
      },
      {
        "date": "2023-12-29",
        "close": 47.146606,
        "volume": 272829,
        "typical_volume": 224933.55,
        "trend": 42.607418,
        "fair_value": 38.766793,
        "relative_strength": -18.180778,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.203495,
        "energy": 49.431401,
        "activity_lines": [
          45.306436,
          41.736408,
          39.680292,
          39.99251
        ]
      },
      {
        "date": "2024-01-05",
        "close": 46.683475,
        "volume": 125668,
        "typical_volume": 152949.45,
        "trend": 41.984619,
        "fair_value": 39.015878,
        "relative_strength": -16.823177,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.40342,
        "energy": 70.716208,
        "activity_lines": [
          46.498223,
          43.015488,
          40.474229,
          40.255481
        ]
      },
      {
        "date": "2024-01-12",
        "close": 42.468998,
        "volume": 119145,
        "typical_volume": 141607.05,
        "trend": 41.297791,
        "fair_value": 39.237413,
        "relative_strength": -24.067479,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.319562,
        "energy": 66.549432,
        "activity_lines": [
          45.457726,
          43.353152,
          40.792245,
          40.286731
        ]
      },
      {
        "date": "2024-01-19",
        "close": 43.534195,
        "volume": 140284,
        "typical_volume": 135692.35,
        "trend": 40.978746,
        "fair_value": 39.46387,
        "relative_strength": -22.691557,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.990497,
        "energy": 41.808978,
        "activity_lines": [
          44.658056,
          43.787652,
          41.170026,
          40.431015
        ]
      },
      {
        "date": "2024-01-26",
        "close": 47.794983,
        "volume": 333674,
        "typical_volume": 142812.65,
        "trend": 40.804668,
        "fair_value": 39.715962,
        "relative_strength": -16.474609,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 73.501514,
        "energy": 48.43456,
        "activity_lines": [
          45.40215,
          44.851166,
          41.933749,
          40.870773
        ]
      },
      {
        "date": "2024-02-02",
        "close": 55.01981,
        "volume": 791036,
        "typical_volume": 176206.4,
        "trend": 40.815548,
        "fair_value": 40.01513,
        "relative_strength": -3.729536,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.221314,
        "energy": 57.492476,
        "activity_lines": [
          48.566869,
          47.011034,
          43.35247,
          41.787879
        ]
      },
      {
        "date": "2024-02-09",
        "close": 56.31657,
        "volume": 128400,
        "typical_volume": 181067.85,
        "trend": 41.104894,
        "fair_value": 40.322763,
        "relative_strength": -0.520982,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.466646,
        "energy": 80.550973,
        "activity_lines": [
          51.638962,
          49.049646,
          44.818165,
          42.787945
        ]
      },
      {
        "date": "2024-02-16",
        "close": 56.594448,
        "volume": 203821,
        "typical_volume": 185834.3,
        "trend": 41.521122,
        "fair_value": 40.633474,
        "relative_strength": -1.722035,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.822615,
        "energy": 89.116312,
        "activity_lines": [
          54.161474,
          50.737964,
          46.220786,
          43.787271
        ]
      },
      {
        "date": "2024-02-23",
        "close": 54.371429,
        "volume": 202975,
        "typical_volume": 192488.45,
        "trend": 41.780475,
        "fair_value": 40.92757,
        "relative_strength": -5.812403,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.953048,
        "energy": 84.831443,
        "activity_lines": [
          55.001283,
          51.734114,
          47.309582,
          44.616323
        ]
      },
      {
        "date": "2024-03-01",
        "close": 53.259914,
        "volume": 327122,
        "typical_volume": 203269.2,
        "trend": 42.01204,
        "fair_value": 41.213703,
        "relative_strength": -6.911691,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.297242,
        "energy": 72.002369,
        "activity_lines": [
          54.748105,
          52.364812,
          48.20254,
          45.356932
        ]
      },
      {
        "date": "2024-03-08",
        "close": 50.944267,
        "volume": 190609,
        "typical_volume": 208275.2,
        "trend": 42.464363,
        "fair_value": 41.484992,
        "relative_strength": -13.746591,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.212561,
        "energy": 50.316022,
        "activity_lines": [
          53.358716,
          52.478489,
          48.81762,
          45.933204
        ]
      },
      {
        "date": "2024-03-15",
        "close": 51.407398,
        "volume": 196357,
        "typical_volume": 216822.05,
        "trend": 43.14362,
        "fair_value": 41.758049,
        "relative_strength": -11.391807,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.576698,
        "energy": 35.768265,
        "activity_lines": [
          52.395407,
          52.607324,
          49.411308,
          46.510174
        ]
      },
      {
        "date": "2024-03-22",
        "close": 48.721241,
        "volume": 77774,
        "typical_volume": 219125.25,
        "trend": 43.6438,
        "fair_value": 42.014149,
        "relative_strength": -17.260478,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.956815,
        "energy": 24.955268,
        "activity_lines": [
          50.86399,
          52.161877,
          49.680805,
          46.870021
        ]
      },
      {
        "date": "2024-03-29",
        "close": 45.386711,
        "volume": 112954,
        "typical_volume": 222991.15,
        "trend": 43.844489,
        "fair_value": 42.217877,
        "relative_strength": -22.006126,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.087677,
        "energy": 21.469229,
        "activity_lines": [
          48.745944,
          50.996474,
          49.577594,
          46.982467
        ]
      },
      {
        "date": "2024-04-05",
        "close": 45.849838,
        "volume": 34801,
        "typical_volume": 217768.7,
        "trend": 44.011216,
        "fair_value": 42.43403,
        "relative_strength": -20.189935,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.246187,
        "energy": 20.522522,
        "activity_lines": [
          47.381255,
          49.881594,
          49.471515,
          47.111844
        ]
      },
      {
        "date": "2024-04-12",
        "close": 46.683475,
        "volume": 405216,
        "typical_volume": 237559.5,
        "trend": 44.269025,
        "fair_value": 42.646859,
        "relative_strength": -18.947106,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.678771,
        "energy": 19.340943,
        "activity_lines": [
          46.788449,
          48.953651,
          49.397193,
          47.284248
        ]
      },
      {
        "date": "2024-04-19",
        "close": 46.312969,
        "volume": 144062,
        "typical_volume": 242340.1,
        "trend": 44.56234,
        "fair_value": 42.859939,
        "relative_strength": -13.63128,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.417944,
        "energy": 18.631955,
        "activity_lines": [
          46.356195,
          48.109913,
          49.233775,
          47.416115
        ]
      },
      {
        "date": "2024-04-26",
        "close": 47.331852,
        "volume": 69003,
        "typical_volume": 237789.05,
        "trend": 44.96835,
        "fair_value": 43.088482,
        "relative_strength": -12.962268,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.641244,
        "energy": 15.004053,
        "activity_lines": [
          46.603197,
          47.63331,
          49.110052,
          47.594793
        ]
      },
      {
        "date": "2024-05-03",
        "close": 46.961349,
        "volume": 68521,
        "typical_volume": 217533.1,
        "trend": 45.351204,
        "fair_value": 43.318591,
        "relative_strength": -13.178752,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.493612,
        "energy": 12.874042,
        "activity_lines": [
          46.819323,
          47.257753,
          48.919728,
          47.723374
        ]
      },
      {
        "date": "2024-05-10",
        "close": 44.599388,
        "volume": 92352,
        "typical_volume": 201830.15,
        "trend": 45.463899,
        "fair_value": 43.532245,
        "relative_strength": -17.868455,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -8.256522,
        "energy": 19.58854,
        "activity_lines": [
          46.143154,
          46.587478,
          48.496956,
          47.67487
        ]
      },
      {
        "date": "2024-05-17",
        "close": 42.607937,
        "volume": 126250,
        "typical_volume": 194501.2,
        "trend": 45.64452,
        "fair_value": 43.735235,
        "relative_strength": -22.361125,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -33.114707,
        "energy": 36.203617,
        "activity_lines": [
          44.88653,
          45.712585,
          47.900622,
          47.490614
        ]
      },
      {
        "date": "2024-05-24",
        "close": 38.902897,
        "volume": 256489,
        "typical_volume": 201042.25,
        "trend": 45.70627,
        "fair_value": 43.920254,
        "relative_strength": -28.925508,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -53.450973,
        "energy": 61.899416,
        "activity_lines": [
          42.666596,
          44.315618,
          46.97304,
          47.055671
        ]
      },
      {
        "date": "2024-05-31",
        "close": 37.050377,
        "volume": 289898,
        "typical_volume": 209579.9,
        "trend": 45.703183,
        "fair_value": 44.082628,
        "relative_strength": -29.828349,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -56.733693,
        "energy": 76.469808,
        "activity_lines": [
          40.323161,
          42.809184,
          45.906077,
          46.497226
        ]
      },
      {
        "date": "2024-06-07",
        "close": 36.818813,
        "volume": 79192,
        "typical_volume": 206525.3,
        "trend": 45.746408,
        "fair_value": 44.243517,
        "relative_strength": -31.290888,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.785289,
        "energy": 81.504448,
        "activity_lines": [
          38.587968,
          41.472844,
          44.842864,
          45.924041
        ]
      },
      {
        "date": "2024-06-14",
        "close": 41.681675,
        "volume": 156835,
        "typical_volume": 197683.35,
        "trend": 45.940923,
        "fair_value": 44.435578,
        "relative_strength": -23.370413,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -66.677191,
        "energy": 82.430578,
        "activity_lines": [
          39.149899,
          41.176442,
          44.274758,
          45.6618
        ]
      },
      {
        "date": "2024-06-21",
        "close": 39.134464,
        "volume": 148533,
        "typical_volume": 165558.2,
        "trend": 46.065968,
        "fair_value": 44.614463,
        "relative_strength": -29.583032,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.764482,
        "energy": 79.665057,
        "activity_lines": [
          39.057274,
          40.492694,
          43.493172,
          45.222674
        ]
      },
      {
        "date": "2024-06-28",
        "close": 38.069263,
        "volume": 48408,
        "typical_volume": 161558.6,
        "trend": 46.192557,
        "fair_value": 44.783894,
        "relative_strength": -30.007732,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.873508,
        "energy": 69.323807,
        "activity_lines": [
          38.841147,
          39.752529,
          42.685783,
          44.706757
        ]
      },
      {
        "date": "2024-07-05",
        "close": 39.597591,
        "volume": 91516,
        "typical_volume": 155943.35,
        "trend": 46.153963,
        "fair_value": 44.966273,
        "relative_strength": -27.877926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.16316,
        "energy": 48.200583,
        "activity_lines": [
          39.190037,
          39.440127,
          42.110841,
          44.281275
        ]
      },
      {
        "date": "2024-07-12",
        "close": 38.300827,
        "volume": 113801,
        "typical_volume": 151484.65,
        "trend": 45.917767,
        "fair_value": 45.132459,
        "relative_strength": -30.629914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.151439,
        "energy": 54.302811,
        "activity_lines": [
          38.936859,
          39.032573,
          41.493335,
          43.774622
        ]
      },
      {
        "date": "2024-07-19",
        "close": 42.144806,
        "volume": 243841,
        "typical_volume": 147320.6,
        "trend": 45.723252,
        "fair_value": 45.324863,
        "relative_strength": -19.670966,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.279794,
        "energy": 38.576923,
        "activity_lines": [
          39.866207,
          39.481388,
          41.318448,
          43.531205
        ]
      },
      {
        "date": "2024-07-26",
        "close": 42.978439,
        "volume": 67111,
        "typical_volume": 141145.7,
        "trend": 45.584313,
        "fair_value": 45.519983,
        "relative_strength": -14.767563,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.107674,
        "energy": 24.207275,
        "activity_lines": [
          41.042556,
          40.126402,
          41.275885,
          43.35412
        ]
      },
      {
        "date": "2024-08-02",
        "close": 50.059711,
        "volume": 568476,
        "typical_volume": 159751.65,
        "trend": 45.696855,
        "fair_value": 45.760496,
        "relative_strength": 1.857699,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 15.36878,
        "energy": 25.001312,
        "activity_lines": [
          44.323065,
          42.052183,
          41.94566,
          43.642855
        ]
      },
      {
        "date": "2024-08-09",
        "close": 44.94965,
        "volume": 358664,
        "typical_volume": 173796.15,
        "trend": 45.779543,
        "fair_value": 45.971667,
        "relative_strength": -7.69635,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -5.30421,
        "energy": 24.822999,
        "activity_lines": [
          45.100857,
          42.84601,
          42.135181,
          43.594649
        ]
      },
      {
        "date": "2024-08-16",
        "close": 42.77314,
        "volume": 180710,
        "typical_volume": 177183.95,
        "trend": 45.754174,
        "fair_value": 46.168361,
        "relative_strength": -15.639582,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -5.846746,
        "energy": 22.685692,
        "activity_lines": [
          44.796341,
          43.100486,
          42.135375,
          43.400687
        ]
      },
      {
        "date": "2024-08-23",
        "close": 47.693939,
        "volume": 233369,
        "typical_volume": 187112.35,
        "trend": 45.750806,
        "fair_value": 46.392658,
        "relative_strength": -5.208186,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 27.179841,
        "energy": 31.382119,
        "activity_lines": [
          45.833938,
          44.141392,
          42.616663,
          43.525833
        ]
      },
      {
        "date": "2024-08-30",
        "close": 49.018772,
        "volume": 270830,
        "typical_volume": 180393.05,
        "trend": 45.550772,
        "fair_value": 46.628599,
        "relative_strength": -2.921884,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 29.268064,
        "energy": 35.140427,
        "activity_lines": [
          46.943203,
          45.313863,
          43.215343,
          43.73667
        ]
      },
      {
        "date": "2024-09-06",
        "close": 50.627495,
        "volume": 482040,
        "typical_volume": 197291.95,
        "trend": 45.361136,
        "fair_value": 46.874328,
        "relative_strength": 4.250538,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.926629,
        "energy": 39.952455,
        "activity_lines": [
          48.186021,
          46.599114,
          43.956115,
          44.0642
        ]
      },
      {
        "date": "2024-09-13",
        "close": 52.614742,
        "volume": 431032,
        "typical_volume": 215393.4,
        "trend": 45.228479,
        "fair_value": 47.132795,
        "relative_strength": 6.621977,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.682353,
        "energy": 62.385908,
        "activity_lines": [
          50.053402,
          48.017351,
          44.865602,
          44.532175
        ]
      },
      {
        "date": "2024-09-20",
        "close": 52.614742,
        "volume": 128944,
        "typical_volume": 218414.55,
        "trend": 45.169923,
        "fair_value": 47.391263,
        "relative_strength": 4.628187,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.828995,
        "energy": 65.343705,
        "activity_lines": [
          51.409776,
          49.198913,
          45.749934,
          45.008708
        ]
      },
      {
        "date": "2024-09-27",
        "close": 59.238903,
        "volume": 825704,
        "typical_volume": 255082.15,
        "trend": 45.369222,
        "fair_value": 47.682211,
        "relative_strength": 13.945994,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 85.537694,
        "energy": 82.676652,
        "activity_lines": [
          54.318098,
          51.324615,
          47.238217,
          45.916384
        ]
      },
      {
        "date": "2024-10-04",
        "close": 61.888569,
        "volume": 439844,
        "typical_volume": 270761.85,
        "trend": 45.734032,
        "fair_value": 47.970179,
        "relative_strength": 21.176585,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.95616,
        "energy": 87.175846,
        "activity_lines": [
          57.339977,
          53.621272,
          48.909137,
          46.982148
        ]
      },
      {
        "date": "2024-10-11",
        "close": 65.29528,
        "volume": 384562,
        "typical_volume": 277165.5,
        "trend": 46.196962,
        "fair_value": 48.269741,
        "relative_strength": 24.091658,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.41058,
        "energy": 90.531544,
        "activity_lines": [
          60.639441,
          56.193511,
          50.812693,
          48.244164
        ]
      },
      {
        "date": "2024-10-18",
        "close": 62.55098,
        "volume": 429850,
        "typical_volume": 284163.1,
        "trend": 46.657953,
        "fair_value": 48.572464,
        "relative_strength": 15.524258,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.283575,
        "energy": 83.266612,
        "activity_lines": [
          62.046285,
          57.989776,
          52.329209,
          49.299262
        ]
      },
      {
        "date": "2024-10-25",
        "close": 61.510044,
        "volume": 125579,
        "typical_volume": 286482.45,
        "trend": 47.195398,
        "fair_value": 48.880071,
        "relative_strength": 13.95579,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.202285,
        "energy": 73.505771,
        "activity_lines": [
          62.443735,
          59.276755,
          53.625157,
          50.257462
        ]
      },
      {
        "date": "2024-11-01",
        "close": 59.617428,
        "volume": 32609,
        "typical_volume": 280271.15,
        "trend": 47.654317,
        "fair_value": 49.162938,
        "relative_strength": 12.860617,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.984962,
        "energy": 58.156367,
        "activity_lines": [
          61.617292,
          59.878952,
          54.623278,
          51.058883
        ]
      },
      {
        "date": "2024-11-08",
        "close": 57.251656,
        "volume": 64040,
        "typical_volume": 276046.5,
        "trend": 48.00659,
        "fair_value": 49.429326,
        "relative_strength": 4.560025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.538075,
        "energy": 48.67892,
        "activity_lines": [
          59.977024,
          59.834218,
          55.31068,
          51.678066
        ]
      },
      {
        "date": "2024-11-15",
        "close": 53.844944,
        "volume": 315903,
        "typical_volume": 289421.25,
        "trend": 48.257656,
        "fair_value": 49.679656,
        "relative_strength": 1.606317,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.008666,
        "energy": 28.868901,
        "activity_lines": [
          57.510313,
          59.020392,
          55.587361,
          52.054734
        ]
      },
      {
        "date": "2024-11-22",
        "close": 58.008701,
        "volume": 103592,
        "typical_volume": 290025.05,
        "trend": 48.613551,
        "fair_value": 49.951685,
        "relative_strength": 8.257191,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.44981,
        "energy": 23.695858,
        "activity_lines": [
          57.194877,
          58.905114,
          56.185467,
          52.683834
        ]
      },
      {
        "date": "2024-11-29",
        "close": 54.412731,
        "volume": 79222,
        "typical_volume": 288296.1,
        "trend": 48.86193,
        "fair_value": 50.199612,
        "relative_strength": 4.064243,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.329534,
        "energy": 23.465705,
        "activity_lines": [
          55.983602,
          58.037952,
          56.353428,
          53.057975
        ]
      },
      {
        "date": "2024-12-06",
        "close": 54.980515,
        "volume": 65525,
        "typical_volume": 279380.3,
        "trend": 49.207968,
        "fair_value": 50.448027,
        "relative_strength": 0.90877,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.589412,
        "energy": 21.44062,
        "activity_lines": [
          55.434743,
          57.241332,
          56.498741,
          53.452722
        ]
      },
      {
        "date": "2024-12-13",
        "close": 53.182529,
        "volume": 128099,
        "typical_volume": 282429.7,
        "trend": 49.560454,
        "fair_value": 50.678086,
        "relative_strength": -1.450567,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.374847,
        "energy": 13.305587,
        "activity_lines": [
          54.595683,
          56.195231,
          56.411694,
          53.709145
        ]
      },
      {
        "date": "2024-12-20",
        "close": 52.046959,
        "volume": 40024,
        "typical_volume": 256007.1,
        "trend": 49.99859,
        "fair_value": 50.908221,
        "relative_strength": -1.032198,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.653032,
        "energy": 12.890224,
        "activity_lines": [
          53.649375,
          55.100954,
          56.167907,
          53.869565
        ]
      },
      {
        "date": "2024-12-27",
        "close": 51.195278,
        "volume": 46926,
        "typical_volume": 240420.2,
        "trend": 50.470086,
        "fair_value": 51.12738,
        "relative_strength": -5.518718,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.798002,
        "energy": 16.981003,
        "activity_lines": [
          52.539038,
          54.092705,
          55.833544,
          53.946771
        ]
      },
      {
        "date": "2025-01-03",
        "close": 49.018772,
        "volume": 103677,
        "typical_volume": 236568.55,
        "trend": 50.876751,
        "fair_value": 51.332062,
        "relative_strength": -7.684397,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -12.425188,
        "energy": 32.817947,
        "activity_lines": [
          51.157428,
          52.895195,
          55.262154,
          53.853137
        ]
      },
      {
        "date": "2025-01-10",
        "close": 44.003342,
        "volume": 463211,
        "typical_volume": 248060.65,
        "trend": 50.95414,
        "fair_value": 51.503018,
        "relative_strength": -17.150244,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -44.818881,
        "energy": 61.30608,
        "activity_lines": [
          48.463605,
          51.012902,
          54.183363,
          53.409692
        ]
      },
      {
        "date": "2025-01-17",
        "close": 44.571125,
        "volume": 640879,
        "typical_volume": 266563.1,
        "trend": 51.135362,
        "fair_value": 51.657386,
        "relative_strength": -16.200356,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.742847,
        "energy": 64.350147,
        "activity_lines": [
          46.690855,
          49.517735,
          53.176221,
          52.997884
        ]
      },
      {
        "date": "2025-01-24",
        "close": 44.287231,
        "volume": 61869,
        "typical_volume": 245554.55,
        "trend": 51.342628,
        "fair_value": 51.804155,
        "relative_strength": -17.53579,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.735396,
        "energy": 69.997254,
        "activity_lines": [
          45.397567,
          48.201507,
          52.16322,
          52.556069
        ]
      },
      {
        "date": "2025-02-07",
        "close": 50.154343,
        "volume": 162496,
        "typical_volume": 232127.75,
        "trend": 51.69452,
        "fair_value": 51.98617,
        "relative_strength": -5.700398,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.181695,
        "energy": 54.369154,
        "activity_lines": [
          46.577298,
          48.125802,
          51.739184,
          52.479406
        ]
      },
      {
        "date": "2025-02-14",
        "close": 49.018772,
        "volume": 145003,
        "typical_volume": 232930.7,
        "trend": 52.051785,
        "fair_value": 52.148033,
        "relative_strength": -5.743048,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.002443,
        "energy": 31.301282,
        "activity_lines": [
          47.447901,
          47.986436,
          51.218714,
          52.306777
        ]
      },
      {
        "date": "2025-02-21",
        "close": 47.78857,
        "volume": 74290,
        "typical_volume": 195360.0,
        "trend": 52.23991,
        "fair_value": 52.295706,
        "relative_strength": -9.54955,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -45.301398,
        "energy": 31.673662,
        "activity_lines": [
          47.908437,
          47.72147,
          50.598206,
          52.031731
        ]
      },
      {
        "date": "2025-02-28",
        "close": 47.268101,
        "volume": 110693,
        "typical_volume": 178902.45,
        "trend": 52.382899,
        "fair_value": 52.44162,
        "relative_strength": -7.243647,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.353403,
        "energy": 27.32987,
        "activity_lines": [
          47.943135,
          47.492635,
          49.982655,
          51.710969
        ]
      },
      {
        "date": "2025-03-07",
        "close": 46.558369,
        "volume": 170622,
        "typical_volume": 168205.45,
        "trend": 52.266187,
        "fair_value": 52.559866,
        "relative_strength": -6.092553,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.2754,
        "energy": 33.467437,
        "activity_lines": [
          47.561456,
          47.242293,
          49.369132,
          51.335193
        ]
      },
      {
        "date": "2025-03-14",
        "close": 47.17347,
        "volume": 113532,
        "typical_volume": 152389.55,
        "trend": 52.340315,
        "fair_value": 52.676802,
        "relative_strength": -1.851037,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.281211,
        "energy": 32.863058,
        "activity_lines": [
          47.233403,
          47.20358,
          48.903413,
          51.00663
        ]
      },
      {
        "date": "2025-03-21",
        "close": 46.274479,
        "volume": 87182,
        "typical_volume": 150469.7,
        "trend": 52.457026,
        "fair_value": 52.728871,
        "relative_strength": -4.322194,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.575584,
        "energy": 40.777869,
        "activity_lines": [
          46.80441,
          47.074538,
          48.425302,
          50.615286
        ]
      },
      {
        "date": "2025-03-28",
        "close": 42.583878,
        "volume": 229981,
        "typical_volume": 160338.3,
        "trend": 52.286691,
        "fair_value": 52.749664,
        "relative_strength": -9.131266,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.442525,
        "energy": 52.594353,
        "activity_lines": [
          45.32817,
          46.324374,
          47.668255,
          49.978309
        ]
      },
      {
        "date": "2025-04-04",
        "close": 45.564747,
        "volume": 67436,
        "typical_volume": 160508.1,
        "trend": 52.171556,
        "fair_value": 52.80375,
        "relative_strength": -1.294683,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.065238,
        "energy": 41.489087,
        "activity_lines": [
          45.192533,
          46.141995,
          47.276213,
          49.544635
        ]
      },
      {
        "date": "2025-04-11",
        "close": 38.609383,
        "volume": 421278,
        "typical_volume": 165776.85,
        "trend": 51.770953,
        "fair_value": 52.763865,
        "relative_strength": -8.558559,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.03572,
        "energy": 63.201139,
        "activity_lines": [
          42.851998,
          44.676938,
          46.277408,
          48.669656
        ]
      },
      {
        "date": "2025-04-18",
        "close": 39.082535,
        "volume": 45291,
        "typical_volume": 162861.8,
        "trend": 51.319879,
        "fair_value": 52.748028,
        "relative_strength": -6.603487,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.609169,
        "energy": 73.542468,
        "activity_lines": [
          41.199112,
          43.401142,
          45.396214,
          47.851049
        ]
      },
      {
        "date": "2025-04-25",
        "close": 37.663071,
        "volume": 42252,
        "typical_volume": 161013.3,
        "trend": 50.82149,
        "fair_value": 52.716262,
        "relative_strength": -11.784469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.641183,
        "energy": 81.614587,
        "activity_lines": [
          39.612468,
          42.068568,
          44.469958,
          46.969964
        ]
      },
      {
        "date": "2025-05-02",
        "close": 38.656696,
        "volume": 18031,
        "typical_volume": 158638.6,
        "trend": 50.135417,
        "fair_value": 52.682985,
        "relative_strength": -13.058635,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.761237,
        "energy": 80.318286,
        "activity_lines": [
          38.931125,
          41.12312,
          43.718094,
          46.185139
        ]
      },
      {
        "date": "2025-05-09",
        "close": 36.953342,
        "volume": 121381,
        "typical_volume": 158302.7,
        "trend": 49.304242,
        "fair_value": 52.64772,
        "relative_strength": -16.99051,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.814271,
        "energy": 83.832939,
        "activity_lines": [
          37.943811,
          40.034005,
          42.881738,
          45.334682
        ]
      },
      {
        "date": "2025-05-16",
        "close": 40.691261,
        "volume": 55219,
        "typical_volume": 159062.45,
        "trend": 48.484108,
        "fair_value": 52.643246,
        "relative_strength": -12.249332,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.539403,
        "energy": 62.892591,
        "activity_lines": [
          38.776563,
          39.812053,
          42.478656,
          44.779006
        ]
      },
      {
        "date": "2025-05-23",
        "close": 39.744953,
        "volume": 43661,
        "typical_volume": 158899.2,
        "trend": 47.723908,
        "fair_value": 52.650569,
        "relative_strength": -13.399871,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.782153,
        "energy": 48.622976,
        "activity_lines": [
          39.155087,
          39.52472,
          42.039524,
          44.21519
        ]
      },
      {
        "date": "2025-05-30",
        "close": 38.325489,
        "volume": 35662,
        "typical_volume": 155498.45,
        "trend": 46.951089,
        "fair_value": 52.643013,
        "relative_strength": -15.293234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.853493,
        "energy": 46.175519,
        "activity_lines": [
          39.016295,
          39.114366,
          41.51973,
          43.60884
        ]
      },
      {
        "date": "2025-06-06",
        "close": 37.663071,
        "volume": 44513,
        "typical_volume": 134563.55,
        "trend": 46.219277,
        "fair_value": 52.620704,
        "relative_strength": -17.953362,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.332076,
        "energy": 43.477423,
        "activity_lines": [
          38.612536,
          38.7281,
          40.987769,
          43.009613
        ]
      },
      {
        "date": "2025-06-13",
        "close": 38.325489,
        "volume": 64748,
        "typical_volume": 105757.0,
        "trend": 45.588405,
        "fair_value": 52.597913,
        "relative_strength": -18.108342,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.63231,
        "energy": 43.078213,
        "activity_lines": [
          38.495824,
          38.551743,
          40.549088,
          42.500336
        ]
      },
      {
        "date": "2025-06-20",
        "close": 37.852337,
        "volume": 19570,
        "typical_volume": 103642.05,
        "trend": 45.055318,
        "fair_value": 52.573139,
        "relative_strength": -18.920141,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.634606,
        "energy": 44.383221,
        "activity_lines": [
          38.129919,
          38.42098,
          40.095085,
          42.001235
        ]
      },
      {
        "date": "2025-06-27",
        "close": 37.568443,
        "volume": 30500,
        "typical_volume": 97042.25,
        "trend": 44.373976,
        "fair_value": 52.534462,
        "relative_strength": -21.418864,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.029301,
        "energy": 46.96859,
        "activity_lines": [
          37.858644,
          38.252366,
          39.644688,
          41.518211
        ]
      },
      {
        "date": "2025-07-04",
        "close": 45.422798,
        "volume": 189412,
        "typical_volume": 99262.7,
        "trend": 44.074312,
        "fair_value": 52.544558,
        "relative_strength": -5.164319,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.391674,
        "energy": 10.978152,
        "activity_lines": [
          40.350588,
          39.539344,
          40.002257,
          41.585877
        ]
      },
      {
        "date": "2025-07-11",
        "close": 44.476494,
        "volume": 204533,
        "typical_volume": 105774.85,
        "trend": 43.724178,
        "fair_value": 52.556641,
        "relative_strength": -8.19846,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 7.999066,
        "energy": 21.809268,
        "activity_lines": [
          42.053944,
          40.513182,
          40.286826,
          41.611824
        ]
      },
      {
        "date": "2025-07-18",
        "close": 44.94965,
        "volume": 104180,
        "typical_volume": 105449.2,
        "trend": 43.449748,
        "fair_value": 52.557948,
        "relative_strength": -9.990699,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 32.085446,
        "energy": 42.750425,
        "activity_lines": [
          43.46079,
          41.467233,
          40.632228,
          41.690887
        ]
      },
      {
        "date": "2025-07-25",
        "close": 42.489246,
        "volume": 134003,
        "typical_volume": 103618.25,
        "trend": 43.131158,
        "fair_value": 52.517455,
        "relative_strength": -14.830605,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 20.775757,
        "energy": 38.655979,
        "activity_lines": [
          43.60589,
          41.828551,
          40.754347,
          41.628919
        ]
      },
      {
        "date": "2025-08-01",
        "close": 41.8932,
        "volume": 222667,
        "typical_volume": 109075.0,
        "trend": 42.821089,
        "fair_value": 52.460924,
        "relative_strength": -16.158901,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.973516,
        "energy": 37.758484,
        "activity_lines": [
          43.243181,
          42.048806,
          40.839077,
          41.549051
        ]
      },
      {
        "date": "2025-08-08",
        "close": 40.4352,
        "volume": 131163,
        "typical_volume": 111274.05,
        "trend": 42.53497,
        "fair_value": 52.346711,
        "relative_strength": -20.602616,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -10.677452,
        "energy": 12.405903,
        "activity_lines": [
          42.106155,
          41.964911,
          40.810093,
          41.395123
        ]
      },
      {
        "date": "2025-08-15",
        "close": 42.3792,
        "volume": 140743,
        "typical_volume": 106812.15,
        "trend": 42.480831,
        "fair_value": 52.251864,
        "relative_strength": -17.593286,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -18.547279,
        "energy": 11.957448,
        "activity_lines": [
          41.949636,
          42.196112,
          40.994058,
          41.385073
        ]
      },
      {
        "date": "2025-08-22",
        "close": 42.087601,
        "volume": 111865,
        "typical_volume": 109033.6,
        "trend": 42.398047,
        "fair_value": 52.105749,
        "relative_strength": -16.088264,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -22.411093,
        "energy": 14.162063,
        "activity_lines": [
          41.835737,
          42.288548,
          41.151227,
          41.359703
        ]
      },
      {
        "date": "2025-08-29",
        "close": 39.511803,
        "volume": 244591,
        "typical_volume": 100199.25,
        "trend": 42.238866,
        "fair_value": 51.884694,
        "relative_strength": -22.377984,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -41.018059,
        "energy": 22.803551,
        "activity_lines": [
          41.054041,
          41.844254,
          41.079639,
          41.173494
        ]
      },
      {
        "date": "2025-09-05",
        "close": 42.330601,
        "volume": 185104,
        "typical_volume": 107189.9,
        "trend": 41.978075,
        "fair_value": 51.505359,
        "relative_strength": -17.370188,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -12.835178,
        "energy": 7.706206,
        "activity_lines": [
          41.410441,
          41.882298,
          41.272211,
          41.179412
        ]
      },
      {
        "date": "2025-09-12",
        "close": 39.560402,
        "volume": 183506,
        "typical_volume": 114252.6,
        "trend": 41.662796,
        "fair_value": 51.044526,
        "relative_strength": -25.192104,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -31.055433,
        "energy": 17.310168,
        "activity_lines": [
          40.814282,
          41.330083,
          41.185488,
          41.023433
        ]
      },
      {
        "date": "2025-09-19",
        "close": 39.852001,
        "volume": 76775,
        "typical_volume": 117189.8,
        "trend": 41.398244,
        "fair_value": 50.567688,
        "relative_strength": -24.343582,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -37.716006,
        "energy": 22.638112,
        "activity_lines": [
          40.373642,
          40.937476,
          41.117501,
          40.906608
        ]
      },
      {
        "date": "2025-09-26",
        "close": 38.1996,
        "volume": 165242,
        "typical_volume": 119382.85,
        "trend": 41.09596,
        "fair_value": 50.119842,
        "relative_strength": -26.884532,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -48.658017,
        "energy": 34.253835,
        "activity_lines": [
          39.550681,
          40.328515,
          40.886451,
          40.700244
        ]
      },
      {
        "date": "2025-10-03",
        "close": 37.908001,
        "volume": 54015,
        "typical_volume": 119322.65,
        "trend": 40.807615,
        "fair_value": 49.670127,
        "relative_strength": -29.86539,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -55.126619,
        "energy": 53.716452,
        "activity_lines": [
          38.889721,
          39.789263,
          40.621694,
          40.494569
        ]
      },
      {
        "date": "2025-10-10",
        "close": 38.345402,
        "volume": 52942,
        "typical_volume": 119786.7,
        "trend": 40.513346,
        "fair_value": 49.355538,
        "relative_strength": -29.542192,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.11321,
        "energy": 55.245326,
        "activity_lines": [
          38.481481,
          39.412834,
          40.411849,
          40.335717
        ]
      },
      {
        "date": "2025-10-17",
        "close": 37.519199,
        "volume": 68102,
        "typical_volume": 121408.7,
        "trend": 40.221503,
        "fair_value": 49.041874,
        "relative_strength": -30.064988,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.579429,
        "energy": 61.859057,
        "activity_lines": [
          38.06352,
          38.950692,
          40.129982,
          40.142546
        ]
      },
      {
        "date": "2025-10-24",
        "close": 35.672401,
        "volume": 122769,
        "typical_volume": 125321.5,
        "trend": 39.991121,
        "fair_value": 48.753127,
        "relative_strength": -33.168132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.941835,
        "energy": 69.834513,
        "activity_lines": [
          37.166041,
          38.205786,
          39.676069,
          39.849055
        ]
      },
      {
        "date": "2025-10-31",
        "close": 34.700401,
        "volume": 132546,
        "typical_volume": 128711.4,
        "trend": 39.628976,
        "fair_value": 48.557109,
        "relative_strength": -35.707226,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.311655,
        "energy": 76.721312,
        "activity_lines": [
          36.223201,
          37.406095,
          39.139064,
          39.507719
        ]
      },
      {
        "date": "2025-11-07",
        "close": 37.567802,
        "volume": 43932,
        "typical_volume": 129929.5,
        "trend": 39.594256,
        "fair_value": 48.407745,
        "relative_strength": -28.018355,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.777163,
        "energy": 65.621017,
        "activity_lines": [
          36.469441,
          37.262063,
          38.892407,
          39.37474
        ]
      },
      {
        "date": "2025-11-14",
        "close": 35.964001,
        "volume": 101162,
        "typical_volume": 133462.6,
        "trend": 39.490305,
        "fair_value": 48.235095,
        "relative_strength": -29.651355,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.251132,
        "energy": 69.735552,
        "activity_lines": [
          36.203761,
          36.861776,
          38.494362,
          39.14053
        ]
      },
      {
        "date": "2025-11-21",
        "close": 36.936001,
        "volume": 57004,
        "typical_volume": 126842.2,
        "trend": 39.46607,
        "fair_value": 48.124658,
        "relative_strength": -24.362853,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.47529,
        "energy": 49.149899,
        "activity_lines": [
          36.420841,
          36.753972,
          38.196529,
          38.975736
        ]
      },
      {
        "date": "2025-11-28",
        "close": 37.7136,
        "volume": 80477,
        "typical_volume": 120639.4,
        "trend": 39.434633,
        "fair_value": 47.990932,
        "relative_strength": -25.192202,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.601751,
        "energy": 28.659034,
        "activity_lines": [
          36.936001,
          36.835266,
          38.013166,
          38.862673
        ]
      },
      {
        "date": "2025-12-05",
        "close": 37.810802,
        "volume": 73343,
        "typical_volume": 119097.55,
        "trend": 39.463215,
        "fair_value": 47.871401,
        "relative_strength": -25.086613,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.864682,
        "energy": 24.9782,
        "activity_lines": [
          37.347481,
          36.973114,
          37.871265,
          38.75791
        ]
      },
      {
        "date": "2025-12-12",
        "close": 35.235001,
        "volume": 41658,
        "typical_volume": 114480.3,
        "trend": 39.28134,
        "fair_value": 47.661845,
        "relative_strength": -29.889635,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.181959,
        "energy": 32.114593,
        "activity_lines": [
          36.693001,
          36.649703,
          37.518044,
          38.485122
        ]
      },
      {
        "date": "2025-12-19",
        "close": 36.7416,
        "volume": 110490,
        "typical_volume": 108871.45,
        "trend": 39.181228,
        "fair_value": 47.524716,
        "relative_strength": -24.769126,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.06424,
        "energy": 25.168018,
        "activity_lines": [
          36.696241,
          36.648819,
          37.342852,
          38.321268
        ]
      },
      {
        "date": "2025-12-26",
        "close": 37.762199,
        "volume": 132462,
        "typical_volume": 108936.4,
        "trend": 39.162452,
        "fair_value": 47.467076,
        "relative_strength": -24.188783,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.474377,
        "energy": 22.195634,
        "activity_lines": [
          36.98784,
          36.862659,
          37.289392,
          38.229718
        ]
      },
      {
        "date": "2026-01-02",
        "close": 38.345402,
        "volume": 30126,
        "typical_volume": 103405.55,
        "trend": 39.185196,
        "fair_value": 47.42618,
        "relative_strength": -24.355242,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.906375,
        "energy": 16.915896,
        "activity_lines": [
          37.418761,
          37.178117,
          37.304204,
          38.177005
        ]
      },
      {
        "date": "2026-01-09",
        "close": 36.7416,
        "volume": 52935,
        "typical_volume": 100459.05,
        "trend": 39.1324,
        "fair_value": 47.373307,
        "relative_strength": -29.034183,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.803493,
        "energy": 16.183861,
        "activity_lines": [
          37.27296,
          37.153375,
          37.185481,
          38.019353
        ]
      },
      {
        "date": "2026-01-16",
        "close": 35.866802,
        "volume": 146696,
        "typical_volume": 95564.3,
        "trend": 39.066215,
        "fair_value": 47.331791,
        "relative_strength": -32.60958,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.646426,
        "energy": 22.765152,
        "activity_lines": [
          36.906841,
          36.932466,
          37.008901,
          37.80867
        ]
      },
      {
        "date": "2026-01-23",
        "close": 36.644402,
        "volume": 121120,
        "typical_volume": 92365.1,
        "trend": 39.035414,
        "fair_value": 47.28904,
        "relative_strength": -31.735929,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.895452,
        "energy": 22.49816,
        "activity_lines": [
          36.757801,
          36.883866,
          36.923735,
          37.652424
        ]
      },
      {
        "date": "2026-01-30",
        "close": 37.519199,
        "volume": 103302,
        "typical_volume": 88354.9,
        "trend": 38.77196,
        "fair_value": 47.250765,
        "relative_strength": -29.756187,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.369599,
        "energy": 19.474932,
        "activity_lines": [
          36.906841,
          36.98195,
          36.948961,
          37.554603
        ]
      },
      {
        "date": "2026-02-06",
        "close": 36.4986,
        "volume": 155239,
        "typical_volume": 92278.1,
        "trend": 38.506031,
        "fair_value": 47.100203,
        "relative_strength": -30.267973,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.506494,
        "energy": 24.517118,
        "activity_lines": [
          36.73188,
          36.883866,
          36.886706,
          37.407935
        ]
      },
      {
        "date": "2026-02-13",
        "close": 38.831402,
        "volume": 144022,
        "typical_volume": 91217.1,
        "trend": 38.302089,
        "fair_value": 46.850367,
        "relative_strength": -29.038192,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.927886,
        "energy": 5.774499,
        "activity_lines": [
          37.457641,
          37.232019,
          37.062592,
          37.428927
        ]
      },
      {
        "date": "2026-02-27",
        "close": 38.539803,
        "volume": 75832,
        "typical_volume": 92307.95,
        "trend": 38.170441,
        "fair_value": 46.622412,
        "relative_strength": -32.429575,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.183444,
        "energy": 11.411132,
        "activity_lines": [
          37.946882,
          37.508598,
          37.207698,
          37.444263
        ]
      },
      {
        "date": "2026-03-06",
        "close": 43.740002,
        "volume": 336762,
        "typical_volume": 106498.95,
        "trend": 38.232001,
        "fair_value": 46.416482,
        "relative_strength": -18.440784,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 51.016455,
        "energy": 57.086436,
        "activity_lines": [
          39.991322,
          38.67058,
          37.845053,
          37.803589
        ]
      },
      {
        "date": "2026-03-13",
        "close": 41.698803,
        "volume": 150142,
        "typical_volume": 110600.95,
        "trend": 38.274121,
        "fair_value": 46.222349,
        "relative_strength": -21.008582,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 39.003242,
        "energy": 59.621361,
        "activity_lines": [
          40.882322,
          39.334191,
          38.262318,
          38.027254
        ]
      },
      {
        "date": "2026-03-20",
        "close": 41.310001,
        "volume": 184796,
        "typical_volume": 113702.3,
        "trend": 38.238481,
        "fair_value": 46.043253,
        "relative_strength": -21.201916,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 32.995813,
        "energy": 60.165851,
        "activity_lines": [
          41.365082,
          39.855536,
          38.622653,
          38.223117
        ]
      },
      {
        "date": "2026-03-27",
        "close": 53.6544,
        "volume": 713249,
        "typical_volume": 142737.45,
        "trend": 38.624041,
        "fair_value": 45.934806,
        "relative_strength": 4.272163,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 95.183552,
        "energy": 92.319892,
        "activity_lines": [
          45.641881,
          42.567416,
          40.131798,
          39.217693
        ]
      },
      {
        "date": "2026-04-03",
        "close": 45.343803,
        "volume": 578727,
        "typical_volume": 169477.2,
        "trend": 38.818441,
        "fair_value": 45.785527,
        "relative_strength": -9.770685,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.919792,
        "energy": 76.086111,
        "activity_lines": [
          46.160282,
          43.460773,
          40.759201,
          39.651226
        ]
      },
      {
        "date": "2026-04-10",
        "close": 62.110802,
        "volume": 2321454,
        "typical_volume": 280491.8,
        "trend": 39.477781,
        "fair_value": 45.725632,
        "relative_strength": 14.213667,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.930628,
        "energy": 89.652907,
        "activity_lines": [
          51.814082,
          47.230365,
          42.946433,
          41.153959
        ]
      },
      {
        "date": "2026-04-17",
        "close": 71.247604,
        "volume": 2634398,
        "typical_volume": 409361.5,
        "trend": 40.534021,
        "fair_value": 45.728266,
        "relative_strength": 26.144488,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.065643,
        "energy": 96.227305,
        "activity_lines": [
          59.288763,
          52.19817,
          45.879327,
          43.203625
        ]
      },
      {
        "date": "2026-04-24",
        "close": 64.735199,
        "volume": 1992240,
        "typical_volume": 504949.65,
        "trend": 41.363461,
        "fair_value": 45.662575,
        "relative_strength": 8.829852,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.2799,
        "energy": 81.540458,
        "activity_lines": [
          62.622722,
          55.368656,
          48.028604,
          44.764991
        ]
      },
      {
        "date": "2026-05-01",
        "close": 66.290398,
        "volume": 871662,
        "typical_volume": 544865.6,
        "trend": 42.299821,
        "fair_value": 45.686587,
        "relative_strength": 11.731276,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.978128,
        "energy": 81.272302,
        "activity_lines": [
          64.9134,
          58.308514,
          50.197321,
          46.37318
        ]
      },
      {
        "date": "2026-05-08",
        "close": 56.764801,
        "volume": 678970,
        "typical_volume": 576731.2,
        "trend": 42.928381,
        "fair_value": 45.590727,
        "relative_strength": -9.918098,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.92861,
        "energy": 56.988208,
        "activity_lines": [
          63.18648,
          59.01719,
          51.323221,
          47.306405
        ]
      },
      {
        "date": "2026-05-15",
        "close": 56.278801,
        "volume": 546396,
        "typical_volume": 598526.5,
        "trend": 43.526161,
        "fair_value": 45.500234,
        "relative_strength": -9.292579,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.455113,
        "energy": 44.695076,
        "activity_lines": [
          60.53616,
          59.306139,
          52.300313,
          48.167722
        ]
      },
      {
        "date": "2026-05-22",
        "close": 57.250801,
        "volume": 204356,
        "typical_volume": 602121.2,
        "trend": 44.183881,
        "fair_value": 45.45499,
        "relative_strength": -9.530834,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.993603,
        "energy": 31.743199,
        "activity_lines": [
          58.59864,
          59.543837,
          53.276941,
          49.053183
        ]
      },
      {
        "date": "2026-05-29",
        "close": 57.250801,
        "volume": 358117,
        "typical_volume": 618520.75,
        "trend": 44.903161,
        "fair_value": 45.395044,
        "relative_strength": -13.901429,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.246261,
        "energy": 22.502991,
        "activity_lines": [
          57.594241,
          59.498772,
          54.160767,
          49.89621
        ]
      },
      {
        "date": "2026-06-05",
        "close": 57.348,
        "volume": 396534,
        "typical_volume": 635700.7,
        "trend": 45.658081,
        "fair_value": 45.332893,
        "relative_strength": -13.818985,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.403982,
        "energy": 20.235728,
        "activity_lines": [
          57.121201,
          59.181546,
          54.963824,
          50.699103
        ]
      },
      {
        "date": "2026-06-12",
        "close": 50.7384,
        "volume": 269494,
        "typical_volume": 641840.6,
        "trend": 46.097101,
        "fair_value": 45.222718,
        "relative_strength": -21.592169,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.504201,
        "energy": 16.430205,
        "activity_lines": [
          55.04112,
          57.595419,
          55.039269,
          51.026865
        ]
      },
      {
        "date": "2026-06-19",
        "close": 46.3158,
        "volume": 359531,
        "typical_volume": 653761.15,
        "trend": 46.442161,
        "fair_value": 45.100592,
        "relative_strength": -31.296584,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.653147,
        "energy": 12.720662,
        "activity_lines": [
          51.8886,
          55.107099,
          54.622698,
          51.040975
        ]
      },
      {
        "date": "2026-06-26",
        "close": 48.454197,
        "volume": 224841,
        "typical_volume": 659838.1,
        "trend": 46.826101,
        "fair_value": 45.006876,
        "relative_strength": -24.440388,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.937747,
        "energy": 12.986287,
        "activity_lines": [
          50.113079,
          53.29476,
          54.363729,
          51.170784
        ]
      },
      {
        "date": "2026-07-03",
        "close": 48.9888,
        "volume": 109835,
        "typical_volume": 657567.9,
        "trend": 47.201941,
        "fair_value": 44.980487,
        "relative_strength": -26.608965,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.912129,
        "energy": 15.759148,
        "activity_lines": [
          49.102199,
          51.994047,
          54.103603,
          51.310313
        ]
      },
      {
        "date": "2026-07-10",
        "close": 50.9328,
        "volume": 130851,
        "typical_volume": 656909.35,
        "trend": 47.639341,
        "fair_value": 44.967124,
        "relative_strength": -20.340363,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.388911,
        "energy": 15.370217,
        "activity_lines": [
          49.290119,
          51.333087,
          53.969143,
          51.551013
        ]
      },
      {
        "date": "2026-07-17",
        "close": 48.599998,
        "volume": 211967,
        "typical_volume": 663716.1,
        "trend": 48.084841,
        "fair_value": 44.928064,
        "relative_strength": -18.299598,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 0.85224,
        "energy": 19.530551,
        "activity_lines": [
          49.128119,
          50.52721,
          53.554886,
          51.612991
        ]
      },
      {
        "date": "2026-07-24",
        "close": 49.849998,
        "volume": 88424,
        "typical_volume": 651299.2,
        "trend": 48.521787,
        "fair_value": 44.942255,
        "relative_strength": -17.194912,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 4.418463,
        "energy": 15.643521,
        "activity_lines": [
          49.525345,
          50.097057,
          53.21177,
          51.726872
        ]
      },
      {
        "date": "2026-07-31",
        "close": 49.650002,
        "volume": 122381,
        "typical_volume": 649911.15,
        "trend": 48.918047,
        "fair_value": 44.977783,
        "relative_strength": -15.71964,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 5.852152,
        "energy": 10.544536,
        "activity_lines": [
          49.620293,
          49.747429,
          52.820512,
          51.799661
        ]
      },
      {
        "date": "2026-08-07",
        "close": 50.5,
        "volume": 61082,
        "typical_volume": 643725.45,
        "trend": 49.323201,
        "fair_value": 45.002842,
        "relative_strength": -15.654102,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 15.787794,
        "energy": 13.021174,
        "activity_lines": [
          49.918853,
          49.690541,
          52.472344,
          51.901722
        ]
      },
      {
        "date": "2026-08-14",
        "close": 53.299999,
        "volume": 107105,
        "typical_volume": 613418.25,
        "trend": 49.875147,
        "fair_value": 45.047631,
        "relative_strength": -13.418412,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.818723,
        "energy": 14.164111,
        "activity_lines": [
          51.05,
          50.265487,
          52.34708,
          52.15829
        ]
      }
    ],
    "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."
    }
  }
}