{
  "ticker": {
    "uuid": "7bce8d27-df81-4d7d-b947-ddaa002bc8ec",
    "symbol": "688676",
    "name": "Hainan Jinpan Smart Technology Co., Ltd.",
    "exchange": "SHH",
    "country": "CN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "000001.SS",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -63.674,
    "architecture_energy": 70.504,
    "architecture_maturity": 23.54,
    "architecture_confidence": 77.751,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 17.63,
        "rotation_up": 9.56,
        "upward_expansion": 15.57,
        "deceleration": 37.63,
        "rotation_down": 74.51,
        "downward_expansion": 91.24
      },
      "activity_lines": [
        67.434001,
        72.307819,
        79.506138,
        82.307939
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 69.330002,
    "trend_reference": 86.044702,
    "distance_from_trend": -0.194256,
    "trend_direction": "Weakening",
    "fair_value": 50.66715,
    "distance_from_fair_value": 0.368342,
    "fair_value_direction": "Weakening",
    "relative_strength": -10.182059,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.237042,
    "excess_performance": -0.193838,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.194256,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.019478,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.368342,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.597397,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.101821,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.388715,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.237042,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.074567,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 55001751,
      "relative_activity": 0.904765,
      "balance": 2.074567,
      "dry_up": 1.024516,
      "accumulation_observations": 5,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.174616,
      "annualized_volatility": 0.632949,
      "from_high_reference": -0.376024,
      "from_low_reference": 0.6907
    },
    "levels": {
      "trend_reference": 86.044702,
      "fair_value_reference": 50.66715,
      "structural_low": 57.860001,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": 0.010677,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.454545,
        "median_excess_return": 0.019349,
        "regime_survival": 0.727273,
        "best_return": 0.41494,
        "worst_return": -0.078094,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.174849,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.18644,
        "regime_survival": 0.25,
        "best_return": 0.640541,
        "worst_return": 0.065154,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.324149,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.116766,
        "regime_survival": 0.0,
        "best_return": 1.282027,
        "worst_return": 0.028138,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.79737,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.635209,
        "regime_survival": 0.0,
        "best_return": 0.829644,
        "worst_return": 0.765096,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-01-05",
        "end": "2024-06-28",
        "tenure": "Established",
        "return": 0.363245,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-05",
        "end": "2024-07-26",
        "tenure": "New",
        "return": -0.098476,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-02",
        "end": "2024-08-30",
        "tenure": "Developing",
        "return": -0.18326,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-06",
        "end": "2025-01-03",
        "tenure": "Established",
        "return": 0.199352,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-01-10",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.06008,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": 0.035559,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-04-18",
        "tenure": "New",
        "return": -0.031546,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-25",
        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.055609,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-23",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.194838,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-01",
        "end": "2025-08-22",
        "tenure": "New",
        "return": 0.286596,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2026-04-03",
        "tenure": "Extended",
        "return": 0.199201,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-10",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": 0.073787,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-12",
        "end": "2026-07-10",
        "tenure": "Developing",
        "return": -0.033416,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.107331,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 33.791183,
        "volume": 40560905,
        "typical_volume": 24654935.55,
        "trend": 33.321623,
        "fair_value": 25.952124,
        "relative_strength": -1.307421,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.641555,
        "energy": 15.681077,
        "activity_lines": [
          31.978516,
          30.74904,
          30.601898,
          31.602856
        ]
      },
      {
        "date": "2023-08-04",
        "close": 33.926888,
        "volume": 23503276,
        "typical_volume": 24963874.3,
        "trend": 33.292155,
        "fair_value": 26.01696,
        "relative_strength": -1.316717,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 5.694904,
        "energy": 20.96488,
        "activity_lines": [
          32.882586,
          31.438329,
          30.871898,
          31.641906
        ]
      },
      {
        "date": "2023-08-11",
        "close": 32.95755,
        "volume": 12645519,
        "typical_volume": 24630165.15,
        "trend": 32.98727,
        "fair_value": 26.072932,
        "relative_strength": -1.142374,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.154652,
        "energy": 28.076875,
        "activity_lines": [
          33.159172,
          31.905903,
          31.0526,
          31.620318
        ]
      },
      {
        "date": "2023-08-18",
        "close": 31.29998,
        "volume": 13185019,
        "typical_volume": 24308895.5,
        "trend": 32.720463,
        "fair_value": 26.114749,
        "relative_strength": -4.527502,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.346081,
        "energy": 20.587894,
        "activity_lines": [
          32.714569,
          32.001075,
          31.08605,
          31.511461
        ]
      },
      {
        "date": "2023-08-25",
        "close": 31.39691,
        "volume": 15222137,
        "typical_volume": 23620252.2,
        "trend": 32.437643,
        "fair_value": 26.15667,
        "relative_strength": -2.202467,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.732188,
        "energy": 10.349177,
        "activity_lines": [
          32.180139,
          32.032799,
          31.137066,
          31.42607
        ]
      },
      {
        "date": "2023-09-01",
        "close": 31.745872,
        "volume": 16467797,
        "typical_volume": 22085054.25,
        "trend": 32.170945,
        "fair_value": 26.20068,
        "relative_strength": -3.309742,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.50424,
        "energy": 10.627995,
        "activity_lines": [
          31.870595,
          32.079503,
          31.218697,
          31.38144
        ]
      },
      {
        "date": "2023-09-08",
        "close": 29.96229,
        "volume": 14291480,
        "typical_volume": 21175416.9,
        "trend": 31.922729,
        "fair_value": 26.230068,
        "relative_strength": -8.118463,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.178839,
        "energy": 22.076313,
        "activity_lines": [
          31.102879,
          31.756272,
          31.131359,
          31.238946
        ]
      },
      {
        "date": "2023-09-15",
        "close": 30.6796,
        "volume": 7985628,
        "typical_volume": 19817155.1,
        "trend": 31.777001,
        "fair_value": 26.26456,
        "relative_strength": -6.158364,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.139783,
        "energy": 21.38567,
        "activity_lines": [
          30.838572,
          31.552535,
          31.123604,
          31.158744
        ]
      },
      {
        "date": "2023-09-22",
        "close": 31.16427,
        "volume": 6259125,
        "typical_volume": 19753104.2,
        "trend": 31.598999,
        "fair_value": 26.30225,
        "relative_strength": -5.08293,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.406014,
        "energy": 15.906167,
        "activity_lines": [
          30.887685,
          31.432337,
          31.16667,
          31.119213
        ]
      },
      {
        "date": "2023-09-29",
        "close": 33.713631,
        "volume": 10510231,
        "typical_volume": 19009370.35,
        "trend": 31.506938,
        "fair_value": 26.358826,
        "relative_strength": 3.050455,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.872897,
        "energy": 11.200465,
        "activity_lines": [
          31.795632,
          31.744816,
          31.450133,
          31.255641
        ]
      },
      {
        "date": "2023-10-13",
        "close": 32.162689,
        "volume": 9409468,
        "typical_volume": 18508116.9,
        "trend": 31.361575,
        "fair_value": 26.402794,
        "relative_strength": -1.197431,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.101736,
        "energy": 13.111455,
        "activity_lines": [
          32.032151,
          31.762793,
          31.563084,
          31.297948
        ]
      },
      {
        "date": "2023-10-20",
        "close": 32.666748,
        "volume": 8695241,
        "typical_volume": 17918396.85,
        "trend": 31.298441,
        "fair_value": 26.449892,
        "relative_strength": 3.680494,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 47.09183,
        "energy": 32.089736,
        "activity_lines": [
          32.408902,
          31.902025,
          31.720071,
          31.382152
        ]
      },
      {
        "date": "2023-10-27",
        "close": 30.56328,
        "volume": 14653901,
        "typical_volume": 17719002.45,
        "trend": 31.144345,
        "fair_value": 26.480588,
        "relative_strength": -3.875358,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 34.883574,
        "energy": 21.59021,
        "activity_lines": [
          31.904199,
          31.681721,
          31.670819,
          31.334723
        ]
      },
      {
        "date": "2023-11-03",
        "close": 31.319365,
        "volume": 10889790,
        "typical_volume": 17238668.8,
        "trend": 31.086651,
        "fair_value": 26.516431,
        "relative_strength": -1.425243,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 29.201769,
        "energy": 11.73187,
        "activity_lines": [
          31.65928,
          31.642419,
          31.686375,
          31.346014
        ]
      },
      {
        "date": "2023-11-10",
        "close": 31.522924,
        "volume": 12355661,
        "typical_volume": 17056778.3,
        "trend": 31.109188,
        "fair_value": 26.553244,
        "relative_strength": -0.660876,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 18.755846,
        "energy": 9.278261,
        "activity_lines": [
          31.471874,
          31.639775,
          31.699992,
          31.374161
        ]
      },
      {
        "date": "2023-11-17",
        "close": 31.173964,
        "volume": 9029924,
        "typical_volume": 17026225.3,
        "trend": 31.083851,
        "fair_value": 26.586972,
        "relative_strength": -1.839234,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 12.28135,
        "energy": 10.42451,
        "activity_lines": [
          31.314195,
          31.571393,
          31.66708,
          31.37834
        ]
      },
      {
        "date": "2023-11-24",
        "close": 30.582666,
        "volume": 10678748,
        "typical_volume": 16745905.3,
        "trend": 31.025655,
        "fair_value": 26.615926,
        "relative_strength": -3.031437,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -12.523576,
        "energy": 10.825489,
        "activity_lines": [
          31.025331,
          31.4059,
          31.568623,
          31.346006
        ]
      },
      {
        "date": "2023-12-01",
        "close": 30.534201,
        "volume": 16735876,
        "typical_volume": 16023733.0,
        "trend": 30.988173,
        "fair_value": 26.644115,
        "relative_strength": -2.590807,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -14.985149,
        "energy": 17.234448,
        "activity_lines": [
          30.859252,
          31.220316,
          31.459734,
          31.314299
        ]
      },
      {
        "date": "2023-12-08",
        "close": 31.939743,
        "volume": 11014233,
        "typical_volume": 15643592.3,
        "trend": 31.030824,
        "fair_value": 26.681941,
        "relative_strength": 4.281051,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 15.795091,
        "energy": 9.591222,
        "activity_lines": [
          31.163625,
          31.292928,
          31.484198,
          31.37569
        ]
      },
      {
        "date": "2023-12-15",
        "close": 34.081982,
        "volume": 15416281,
        "typical_volume": 13975512.0,
        "trend": 31.202721,
        "fair_value": 26.734423,
        "relative_strength": 12.547611,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 56.139948,
        "energy": 29.297366,
        "activity_lines": [
          32.140719,
          31.740939,
          31.700915,
          31.572539
        ]
      },
      {
        "date": "2023-12-22",
        "close": 33.054482,
        "volume": 11304358,
        "typical_volume": 12512684.65,
        "trend": 31.260235,
        "fair_value": 26.778931,
        "relative_strength": 10.17652,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 48.600942,
        "energy": 34.836204,
        "activity_lines": [
          32.604709,
          31.995435,
          31.814743,
          31.692008
        ]
      },
      {
        "date": "2023-12-29",
        "close": 34.731438,
        "volume": 11880625,
        "typical_volume": 11931552.1,
        "trend": 31.370416,
        "fair_value": 26.834543,
        "relative_strength": 13.101688,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 63.291465,
        "energy": 54.881524,
        "activity_lines": [
          33.502317,
          32.538617,
          32.09179,
          31.915956
        ]
      },
      {
        "date": "2024-01-05",
        "close": 37.387432,
        "volume": 20591485,
        "typical_volume": 12328850.4,
        "trend": 31.648294,
        "fair_value": 26.907827,
        "relative_strength": 22.963303,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.015291,
        "energy": 74.438319,
        "activity_lines": [
          35.008671,
          33.527168,
          32.617956,
          32.304151
        ]
      },
      {
        "date": "2024-01-12",
        "close": 39.035309,
        "volume": 15060944,
        "typical_volume": 12422646.65,
        "trend": 32.05477,
        "fair_value": 26.991465,
        "relative_strength": 29.937775,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.860477,
        "energy": 82.914349,
        "activity_lines": [
          36.607436,
          34.691257,
          33.279969,
          32.780733
        ]
      },
      {
        "date": "2024-01-19",
        "close": 37.397125,
        "volume": 22914321,
        "typical_volume": 12807255.85,
        "trend": 32.343633,
        "fair_value": 27.062736,
        "relative_strength": 26.699465,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.26923,
        "energy": 77.797463,
        "activity_lines": [
          37.187101,
          35.417204,
          33.74913,
          33.125401
        ]
      },
      {
        "date": "2024-01-26",
        "close": 36.24361,
        "volume": 26773029,
        "typical_volume": 13322517.45,
        "trend": 32.577244,
        "fair_value": 27.125191,
        "relative_strength": 19.468926,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.369247,
        "energy": 73.003721,
        "activity_lines": [
          37.161252,
          35.826618,
          34.079859,
          33.377012
        ]
      },
      {
        "date": "2024-02-02",
        "close": 35.429367,
        "volume": 22687739,
        "typical_volume": 13742330.4,
        "trend": 32.779513,
        "fair_value": 27.1813,
        "relative_strength": 24.313027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.164323,
        "energy": 49.035716,
        "activity_lines": [
          36.65138,
          35.995812,
          34.311624,
          33.56102
        ]
      },
      {
        "date": "2024-02-09",
        "close": 38.812359,
        "volume": 18084001,
        "typical_volume": 14247249.05,
        "trend": 33.059006,
        "fair_value": 27.259361,
        "relative_strength": 29.407458,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.955566,
        "energy": 44.568321,
        "activity_lines": [
          37.222643,
          36.691974,
          34.839545,
          33.950236
        ]
      },
      {
        "date": "2024-02-23",
        "close": 40.111275,
        "volume": 14738624,
        "typical_volume": 14671224.0,
        "trend": 33.413784,
        "fair_value": 27.345041,
        "relative_strength": 27.114584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.742363,
        "energy": 47.176615,
        "activity_lines": [
          38.131884,
          37.47379,
          35.452444,
          34.405221
        ]
      },
      {
        "date": "2024-03-01",
        "close": 38.007809,
        "volume": 33244049,
        "typical_volume": 15807914.9,
        "trend": 33.579865,
        "fair_value": 27.415655,
        "relative_strength": 19.200023,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.367398,
        "energy": 40.517468,
        "activity_lines": [
          38.268238,
          37.724585,
          35.822409,
          34.70161
        ]
      },
      {
        "date": "2024-03-08",
        "close": 42.418301,
        "volume": 39620136,
        "typical_volume": 17318448.3,
        "trend": 33.867435,
        "fair_value": 27.514357,
        "relative_strength": 31.541379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.972151,
        "energy": 56.552287,
        "activity_lines": [
          39.834043,
          38.705909,
          36.591972,
          35.271831
        ]
      },
      {
        "date": "2024-03-15",
        "close": 44.337597,
        "volume": 30614475,
        "typical_volume": 18414410.0,
        "trend": 34.214459,
        "fair_value": 27.624312,
        "relative_strength": 36.225415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.411065,
        "energy": 72.756534,
        "activity_lines": [
          41.627968,
          39.865944,
          37.495489,
          35.947326
        ]
      },
      {
        "date": "2024-03-22",
        "close": 40.343918,
        "volume": 37341875,
        "typical_volume": 19548808.7,
        "trend": 34.460671,
        "fair_value": 27.706907,
        "relative_strength": 23.792561,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.635284,
        "energy": 55.093052,
        "activity_lines": [
          41.496785,
          40.125199,
          37.96308,
          36.342775
        ]
      },
      {
        "date": "2024-03-29",
        "close": 38.35677,
        "volume": 32031301,
        "typical_volume": 20605884.25,
        "trend": 34.695898,
        "fair_value": 27.775616,
        "relative_strength": 17.542245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.478384,
        "energy": 41.856998,
        "activity_lines": [
          40.601115,
          39.969399,
          38.194845,
          36.594136
        ]
      },
      {
        "date": "2024-04-05",
        "close": 39.558754,
        "volume": 22385791,
        "typical_volume": 21107390.75,
        "trend": 34.967959,
        "fair_value": 27.851149,
        "relative_strength": 19.661328,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.519029,
        "energy": 33.524338,
        "activity_lines": [
          40.223073,
          40.044479,
          38.507572,
          36.907868
        ]
      },
      {
        "date": "2024-04-12",
        "close": 45.161533,
        "volume": 38244579,
        "typical_volume": 22568123.5,
        "trend": 35.415148,
        "fair_value": 28.031929,
        "relative_strength": 37.669031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.641417,
        "energy": 39.564094,
        "activity_lines": [
          41.609228,
          41.098944,
          39.315632,
          37.565518
        ]
      },
      {
        "date": "2024-04-19",
        "close": 45.365097,
        "volume": 40464258,
        "typical_volume": 24057399.0,
        "trend": 35.928575,
        "fair_value": 28.221122,
        "relative_strength": 34.903399,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.628963,
        "energy": 42.324394,
        "activity_lines": [
          42.880356,
          42.028277,
          40.076472,
          38.207451
        ]
      },
      {
        "date": "2024-04-26",
        "close": 47.594574,
        "volume": 31705170,
        "typical_volume": 24805863.7,
        "trend": 36.492407,
        "fair_value": 28.423341,
        "relative_strength": 39.037997,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.293013,
        "energy": 61.064159,
        "activity_lines": [
          44.826142,
          43.182319,
          40.97925,
          38.960096
        ]
      },
      {
        "date": "2024-05-03",
        "close": 47.788445,
        "volume": 12018585,
        "typical_volume": 24856081.3,
        "trend": 37.046546,
        "fair_value": 28.624996,
        "relative_strength": 37.540241,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.649828,
        "energy": 71.221261,
        "activity_lines": [
          46.353175,
          44.211934,
          41.819252,
          39.688872
        ]
      },
      {
        "date": "2024-05-10",
        "close": 52.82901,
        "volume": 34155744,
        "typical_volume": 25793054.45,
        "trend": 37.683726,
        "fair_value": 28.851313,
        "relative_strength": 47.816783,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.247233,
        "energy": 79.177158,
        "activity_lines": [
          48.931619,
          46.01843,
          43.063837,
          40.707096
        ]
      },
      {
        "date": "2024-05-17",
        "close": 54.118233,
        "volume": 43206114,
        "typical_volume": 27388142.25,
        "trend": 38.415577,
        "fair_value": 29.083485,
        "relative_strength": 49.429179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.756869,
        "energy": 82.781412,
        "activity_lines": [
          51.055119,
          47.789855,
          44.341935,
          41.767387
        ]
      },
      {
        "date": "2024-05-24",
        "close": 57.753258,
        "volume": 32256053,
        "typical_volume": 28406913.65,
        "trend": 39.251794,
        "fair_value": 29.346969,
        "relative_strength": 60.185125,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.190075,
        "energy": 86.537033,
        "activity_lines": [
          53.793181,
          50.009466,
          45.865921,
          43.014979
        ]
      },
      {
        "date": "2024-05-31",
        "close": 56.231396,
        "volume": 33890289,
        "typical_volume": 29071853.85,
        "trend": 40.107398,
        "fair_value": 29.608038,
        "relative_strength": 53.868768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.067013,
        "energy": 81.459513,
        "activity_lines": [
          55.198078,
          51.708455,
          47.135341,
          44.110437
        ]
      },
      {
        "date": "2024-06-07",
        "close": 51.297455,
        "volume": 35066745,
        "typical_volume": 30072143.9,
        "trend": 40.773334,
        "fair_value": 29.835285,
        "relative_strength": 40.399345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.023863,
        "energy": 62.576105,
        "activity_lines": [
          54.382541,
          52.2215,
          47.845129,
          44.832376
        ]
      },
      {
        "date": "2024-06-14",
        "close": 55.043732,
        "volume": 23641863,
        "typical_volume": 30108521.0,
        "trend": 41.557361,
        "fair_value": 30.086182,
        "relative_strength": 49.382322,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.752371,
        "energy": 54.285565,
        "activity_lines": [
          54.581828,
          53.180401,
          48.853313,
          45.753047
        ]
      },
      {
        "date": "2024-06-21",
        "close": 53.128147,
        "volume": 27659867,
        "typical_volume": 30152862.9,
        "trend": 42.289167,
        "fair_value": 30.32553,
        "relative_strength": 43.701401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.276811,
        "energy": 44.581958,
        "activity_lines": [
          53.994939,
          53.509469,
          49.59503,
          46.499549
        ]
      },
      {
        "date": "2024-06-28",
        "close": 50.968227,
        "volume": 22639145,
        "typical_volume": 30150433.2,
        "trend": 42.968686,
        "fair_value": 30.550362,
        "relative_strength": 37.486355,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.468479,
        "energy": 31.018069,
        "activity_lines": [
          52.754082,
          53.300977,
          50.050637,
          47.059489
        ]
      },
      {
        "date": "2024-07-05",
        "close": 44.263683,
        "volume": 36573769,
        "typical_volume": 31074921.6,
        "trend": 43.426335,
        "fair_value": 30.728743,
        "relative_strength": 19.033731,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.372052,
        "energy": 15.65538,
        "activity_lines": [
          49.730712,
          51.771601,
          49.793721,
          47.143037
        ]
      },
      {
        "date": "2024-07-12",
        "close": 42.093987,
        "volume": 38195096,
        "typical_volume": 32247745.2,
        "trend": 43.76481,
        "fair_value": 30.895592,
        "relative_strength": 11.534837,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.475338,
        "energy": 16.841261,
        "activity_lines": [
          46.781958,
          49.908298,
          49.30421,
          47.057079
        ]
      },
      {
        "date": "2024-07-19",
        "close": 40.842995,
        "volume": 38942607,
        "typical_volume": 32532673.1,
        "trend": 43.990177,
        "fair_value": 31.060272,
        "relative_strength": 7.142974,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -10.371284,
        "energy": 27.537339,
        "activity_lines": [
          44.029772,
          47.921076,
          48.686114,
          46.868575
        ]
      },
      {
        "date": "2024-07-26",
        "close": 39.904755,
        "volume": 27258084,
        "typical_volume": 31914570.5,
        "trend": 44.21852,
        "fair_value": 31.217109,
        "relative_strength": 7.2332,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.358832,
        "energy": 39.490496,
        "activity_lines": [
          41.911554,
          45.981193,
          47.965162,
          46.604999
        ]
      },
      {
        "date": "2024-08-02",
        "close": 37.598232,
        "volume": 25082837,
        "typical_volume": 31637988.6,
        "trend": 44.31408,
        "fair_value": 31.360014,
        "relative_strength": 0.156452,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.385677,
        "energy": 59.010338,
        "activity_lines": [
          39.906055,
          43.880369,
          47.03651,
          46.177884
        ]
      },
      {
        "date": "2024-08-09",
        "close": 40.266369,
        "volume": 34361363,
        "typical_volume": 31488963.0,
        "trend": 44.410044,
        "fair_value": 31.5146,
        "relative_strength": 8.275996,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.936463,
        "energy": 56.083027,
        "activity_lines": [
          39.681268,
          42.631116,
          46.394058,
          45.916741
        ]
      },
      {
        "date": "2024-08-16",
        "close": 33.376129,
        "volume": 52160649,
        "typical_volume": 32495430.4,
        "trend": 44.221405,
        "fair_value": 31.630379,
        "relative_strength": -10.956815,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.928442,
        "energy": 66.801091,
        "activity_lines": [
          37.426221,
          40.419365,
          45.095763,
          45.204876
        ]
      },
      {
        "date": "2024-08-23",
        "close": 30.600483,
        "volume": 28881231,
        "typical_volume": 32820202.4,
        "trend": 43.99485,
        "fair_value": 31.730499,
        "relative_strength": -17.692089,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -55.1703,
        "energy": 73.112257,
        "activity_lines": [
          34.82715,
          38.028794,
          43.556837,
          44.326107
        ]
      },
      {
        "date": "2024-08-30",
        "close": 30.707991,
        "volume": 31799802,
        "typical_volume": 32497963.55,
        "trend": 43.810329,
        "fair_value": 31.816378,
        "relative_strength": -17.148862,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -76.296245,
        "energy": 84.18874,
        "activity_lines": [
          32.94675,
          36.102192,
          42.070809,
          43.46889
        ]
      },
      {
        "date": "2024-09-06",
        "close": 30.150908,
        "volume": 39833688,
        "typical_volume": 32466435.05,
        "trend": 43.634381,
        "fair_value": 31.895152,
        "relative_strength": -16.485203,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.622287,
        "energy": 87.492581,
        "activity_lines": [
          31.493772,
          34.481942,
          40.600552,
          42.587637
        ]
      },
      {
        "date": "2024-09-13",
        "close": 28.274418,
        "volume": 44158346,
        "typical_volume": 33089093.85,
        "trend": 43.283116,
        "fair_value": 31.953244,
        "relative_strength": -19.933656,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.0601,
        "energy": 88.3524,
        "activity_lines": [
          29.911786,
          32.899008,
          39.02403,
          41.596672
        ]
      },
      {
        "date": "2024-09-20",
        "close": 28.43079,
        "volume": 21522965,
        "typical_volume": 33564312.85,
        "trend": 42.893767,
        "fair_value": 32.035616,
        "relative_strength": -20.544153,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.247902,
        "energy": 85.799476,
        "activity_lines": [
          29.181387,
          31.63522,
          37.554401,
          40.638457
        ]
      },
      {
        "date": "2024-09-27",
        "close": 31.958984,
        "volume": 54084557,
        "typical_volume": 34560753.5,
        "trend": 42.692139,
        "fair_value": 32.126407,
        "relative_strength": -20.888788,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.734568,
        "energy": 66.097813,
        "activity_lines": [
          29.956743,
          31.261343,
          36.51297,
          39.932987
        ]
      },
      {
        "date": "2024-10-04",
        "close": 36.044262,
        "volume": 35331858,
        "typical_volume": 34167040.7,
        "trend": 42.479671,
        "fair_value": 32.218218,
        "relative_strength": -17.537469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.366045,
        "energy": 47.959299,
        "activity_lines": [
          32.003291,
          31.791771,
          35.959994,
          39.504092
        ]
      },
      {
        "date": "2024-10-11",
        "close": 30.942553,
        "volume": 87789941,
        "typical_volume": 36943735.1,
        "trend": 42.03317,
        "fair_value": 32.277813,
        "relative_strength": -26.464544,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.374101,
        "energy": 39.870924,
        "activity_lines": [
          31.993518,
          31.464807,
          35.007207,
          38.759762
        ]
      },
      {
        "date": "2024-10-18",
        "close": 34.500065,
        "volume": 61448504,
        "typical_volume": 38321645.85,
        "trend": 41.838375,
        "fair_value": 32.351986,
        "relative_strength": -19.131096,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.484799,
        "energy": 27.762554,
        "activity_lines": [
          33.116805,
          31.905675,
          34.520902,
          38.273755
        ]
      },
      {
        "date": "2024-10-25",
        "close": 34.891003,
        "volume": 75619735,
        "typical_volume": 40349295.35,
        "trend": 41.722849,
        "fair_value": 32.427569,
        "relative_strength": -19.115175,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.797955,
        "energy": 24.074058,
        "activity_lines": [
          33.955363,
          32.522465,
          34.175311,
          37.825537
        ]
      },
      {
        "date": "2024-11-01",
        "close": 34.040718,
        "volume": 55959077,
        "typical_volume": 41965156.05,
        "trend": 41.538914,
        "fair_value": 32.513484,
        "relative_strength": -20.450875,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.116257,
        "energy": 22.231495,
        "activity_lines": [
          34.079811,
          32.957115,
          33.826866,
          37.329916
        ]
      },
      {
        "date": "2024-11-08",
        "close": 36.034489,
        "volume": 80677242,
        "typical_volume": 44616024.8,
        "trend": 41.23468,
        "fair_value": 32.620101,
        "relative_strength": -20.20135,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.115601,
        "energy": 19.982811,
        "activity_lines": [
          34.730067,
          33.691718,
          33.768319,
          36.974792
        ]
      },
      {
        "date": "2024-11-15",
        "close": 34.705307,
        "volume": 50740948,
        "typical_volume": 46021114.95,
        "trend": 40.879353,
        "fair_value": 32.73136,
        "relative_strength": -20.345116,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.559107,
        "energy": 15.250518,
        "activity_lines": [
          34.937914,
          34.087807,
          33.664581,
          36.553542
        ]
      },
      {
        "date": "2024-11-22",
        "close": 31.822159,
        "volume": 35745636,
        "typical_volume": 45979708.3,
        "trend": 40.353606,
        "fair_value": 32.822005,
        "relative_strength": -25.491068,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.674325,
        "energy": 18.527558,
        "activity_lines": [
          33.933862,
          33.87688,
          33.363701,
          35.969207
        ]
      },
      {
        "date": "2024-11-29",
        "close": 31.382355,
        "volume": 26916088,
        "typical_volume": 45415757.9,
        "trend": 39.806736,
        "fair_value": 32.894474,
        "relative_strength": -27.763764,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.047985,
        "energy": 26.337983,
        "activity_lines": [
          32.961735,
          33.521484,
          33.080179,
          35.390416
        ]
      },
      {
        "date": "2024-12-06",
        "close": 32.115356,
        "volume": 61086635,
        "typical_volume": 46522959.3,
        "trend": 39.116281,
        "fair_value": 32.965183,
        "relative_strength": -27.69427,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.784743,
        "energy": 29.032195,
        "activity_lines": [
          32.467852,
          33.245696,
          32.917475,
          34.894198
        ]
      },
      {
        "date": "2024-12-13",
        "close": 31.294395,
        "volume": 37809976,
        "typical_volume": 47050553.9,
        "trend": 38.355487,
        "fair_value": 32.974445,
        "relative_strength": -29.129476,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.678888,
        "energy": 34.403704,
        "activity_lines": [
          31.828673,
          32.817799,
          32.718145,
          34.389561
        ]
      },
      {
        "date": "2024-12-20",
        "close": 36.044262,
        "volume": 100768637,
        "typical_volume": 50834843.9,
        "trend": 37.631854,
        "fair_value": 32.995264,
        "relative_strength": -17.688636,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.919595,
        "energy": 17.357521,
        "activity_lines": [
          33.088788,
          33.339876,
          33.012184,
          34.240449
        ]
      },
      {
        "date": "2024-12-27",
        "close": 42.729259,
        "volume": 201551653,
        "typical_volume": 59194358.4,
        "trend": 37.181782,
        "fair_value": 33.069904,
        "relative_strength": -3.518123,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 12.444127,
        "energy": 17.10063,
        "activity_lines": [
          36.487973,
          34.984648,
          33.95029,
          34.569314
        ]
      },
      {
        "date": "2025-01-03",
        "close": 36.161541,
        "volume": 118944999,
        "typical_volume": 62533575.9,
        "trend": 36.677252,
        "fair_value": 33.103419,
        "relative_strength": -13.496886,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 9.924288,
        "energy": 19.213295,
        "activity_lines": [
          36.970778,
          35.285668,
          34.25117,
          34.503492
        ]
      },
      {
        "date": "2025-01-10",
        "close": 36.601345,
        "volume": 137890315,
        "typical_volume": 67984030.1,
        "trend": 36.062506,
        "fair_value": 33.163396,
        "relative_strength": -11.099994,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 23.401518,
        "energy": 29.107277,
        "activity_lines": [
          37.281572,
          35.643552,
          34.580673,
          34.498595
        ]
      },
      {
        "date": "2025-01-17",
        "close": 38.946957,
        "volume": 88666502,
        "typical_volume": 70827365.1,
        "trend": 35.589799,
        "fair_value": 33.223602,
        "relative_strength": -7.331696,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.043677,
        "energy": 48.931652,
        "activity_lines": [
          38.075171,
          36.381354,
          35.104992,
          34.684689
        ]
      },
      {
        "date": "2025-01-24",
        "close": 42.436058,
        "volume": 115966461,
        "typical_volume": 74634003.75,
        "trend": 35.305394,
        "fair_value": 33.294413,
        "relative_strength": 0.658141,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.946747,
        "energy": 49.870454,
        "activity_lines": [
          39.521633,
          37.700584,
          35.922373,
          35.126383
        ]
      },
      {
        "date": "2025-01-31",
        "close": 38.800358,
        "volume": 19833527,
        "typical_volume": 73417762.8,
        "trend": 35.123283,
        "fair_value": 33.344173,
        "relative_strength": -7.837625,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 55.185611,
        "energy": 50.061475,
        "activity_lines": [
          39.330075,
          38.218218,
          36.334996,
          35.351864
        ]
      },
      {
        "date": "2025-02-07",
        "close": 36.005169,
        "volume": 74350958,
        "typical_volume": 76059162.45,
        "trend": 34.920322,
        "fair_value": 33.401243,
        "relative_strength": -15.590251,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.390865,
        "energy": 34.545194,
        "activity_lines": [
          38.468714,
          38.10076,
          36.431288,
          35.40876
        ]
      },
      {
        "date": "2025-02-14",
        "close": 38.174862,
        "volume": 108520674,
        "typical_volume": 78780968.3,
        "trend": 34.831384,
        "fair_value": 33.476304,
        "relative_strength": -11.373098,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.498215,
        "energy": 29.584816,
        "activity_lines": [
          38.341009,
          38.293741,
          36.698148,
          35.61873
        ]
      },
      {
        "date": "2025-02-21",
        "close": 41.11665,
        "volume": 139028365,
        "typical_volume": 83965793.65,
        "trend": 34.871781,
        "fair_value": 33.577718,
        "relative_strength": -5.291286,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.732699,
        "energy": 31.009604,
        "activity_lines": [
          39.088999,
          38.911419,
          37.215579,
          36.024231
        ]
      },
      {
        "date": "2025-02-28",
        "close": 39.875431,
        "volume": 136163157,
        "typical_volume": 86384454.45,
        "trend": 34.947688,
        "fair_value": 33.679706,
        "relative_strength": -6.463353,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.301356,
        "energy": 28.030671,
        "activity_lines": [
          39.278602,
          39.124834,
          37.590645,
          36.347048
        ]
      },
      {
        "date": "2025-03-07",
        "close": 39.924294,
        "volume": 73486157,
        "typical_volume": 86986337.1,
        "trend": 34.936285,
        "fair_value": 33.80096,
        "relative_strength": -7.493633,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.789609,
        "energy": 30.627416,
        "activity_lines": [
          39.655202,
          39.277476,
          37.927826,
          36.668119
        ]
      },
      {
        "date": "2025-03-14",
        "close": 45.34853,
        "volume": 111068605,
        "typical_volume": 88758780.6,
        "trend": 35.335365,
        "fair_value": 33.952475,
        "relative_strength": 3.825429,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.011923,
        "energy": 52.534578,
        "activity_lines": [
          41.764952,
          40.467342,
          38.755772,
          37.339877
        ]
      },
      {
        "date": "2025-03-21",
        "close": 41.810558,
        "volume": 68604469,
        "typical_volume": 89391050.2,
        "trend": 35.709034,
        "fair_value": 34.073937,
        "relative_strength": -2.598901,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.273006,
        "energy": 44.480533,
        "activity_lines": [
          42.072487,
          40.846905,
          39.19697,
          37.757631
        ]
      },
      {
        "date": "2025-03-28",
        "close": 39.249931,
        "volume": 41382635,
        "typical_volume": 87426319.85,
        "trend": 35.993766,
        "fair_value": 34.190319,
        "relative_strength": -8.070286,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.622123,
        "energy": 38.058633,
        "activity_lines": [
          41.2841,
          40.666185,
          39.3573,
          37.986076
        ]
      },
      {
        "date": "2025-04-04",
        "close": 37.285484,
        "volume": 34381656,
        "typical_volume": 86608355.25,
        "trend": 36.231585,
        "fair_value": 34.300812,
        "relative_strength": -12.198815,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 33.704474,
        "energy": 22.132541,
        "activity_lines": [
          39.965345,
          40.122785,
          39.315229,
          38.069413
        ]
      },
      {
        "date": "2025-04-11",
        "close": 30.981646,
        "volume": 87572317,
        "typical_volume": 89199689.3,
        "trend": 36.321826,
        "fair_value": 34.369128,
        "relative_strength": -24.085969,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -10.596903,
        "energy": 16.778747,
        "activity_lines": [
          36.717974,
          38.52688,
          38.660505,
          37.730707
        ]
      },
      {
        "date": "2025-04-18",
        "close": 30.004307,
        "volume": 57818071,
        "typical_volume": 90744788.45,
        "trend": 36.374276,
        "fair_value": 34.434652,
        "relative_strength": -26.713581,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -35.274671,
        "energy": 40.141641,
        "activity_lines": [
          33.740999,
          36.895435,
          37.916703,
          37.323125
        ]
      },
      {
        "date": "2025-04-25",
        "close": 30.405016,
        "volume": 52239542,
        "typical_volume": 90302433.8,
        "trend": 36.322477,
        "fair_value": 34.506158,
        "relative_strength": -25.438504,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.651137,
        "energy": 58.722755,
        "activity_lines": [
          31.920543,
          35.445952,
          37.217627,
          36.938012
        ]
      },
      {
        "date": "2025-05-02",
        "close": 31.157566,
        "volume": 24528597,
        "typical_volume": 89638364.85,
        "trend": 36.159587,
        "fair_value": 34.591751,
        "relative_strength": -22.510355,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.160103,
        "energy": 64.093113,
        "activity_lines": [
          31.111306,
          34.274567,
          36.598366,
          36.604791
        ]
      },
      {
        "date": "2025-05-09",
        "close": 31.480087,
        "volume": 44057785,
        "typical_volume": 86802822.25,
        "trend": 36.177505,
        "fair_value": 34.688307,
        "relative_strength": -22.290375,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.780054,
        "energy": 63.017541,
        "activity_lines": [
          30.949067,
          33.342896,
          36.010473,
          36.302888
        ]
      },
      {
        "date": "2025-05-16",
        "close": 32.095814,
        "volume": 63659370,
        "typical_volume": 79908208.1,
        "trend": 36.097364,
        "fair_value": 34.795697,
        "relative_strength": -20.406379,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -59.45924,
        "energy": 58.553852,
        "activity_lines": [
          31.379097,
          32.675818,
          35.502955,
          36.039553
        ]
      },
      {
        "date": "2025-05-23",
        "close": 31.544374,
        "volume": 29457609,
        "typical_volume": 75433838.6,
        "trend": 35.985809,
        "fair_value": 34.904061,
        "relative_strength": -20.138168,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.980964,
        "energy": 42.956217,
        "activity_lines": [
          31.551036,
          32.050815,
          34.993555,
          35.745812
        ]
      },
      {
        "date": "2025-05-30",
        "close": 30.879133,
        "volume": 31306787,
        "typical_volume": 70104662.2,
        "trend": 35.880423,
        "fair_value": 35.01139,
        "relative_strength": -20.638338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.541148,
        "energy": 42.022987,
        "activity_lines": [
          31.398556,
          31.555843,
          34.442784,
          35.416349
        ]
      },
      {
        "date": "2025-06-06",
        "close": 32.418125,
        "volume": 28657644,
        "typical_volume": 67104219.3,
        "trend": 35.759878,
        "fair_value": 35.117738,
        "relative_strength": -16.616832,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.935449,
        "energy": 33.332101,
        "activity_lines": [
          31.727466,
          31.539441,
          34.065833,
          35.192975
        ]
      },
      {
        "date": "2025-06-13",
        "close": 31.325937,
        "volume": 38920057,
        "typical_volume": 63251899.1,
        "trend": 35.647232,
        "fair_value": 35.211722,
        "relative_strength": -18.008151,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.554471,
        "energy": 35.316155,
        "activity_lines": [
          31.608276,
          31.448674,
          33.615954,
          34.906914
        ]
      },
      {
        "date": "2025-06-20",
        "close": 31.147217,
        "volume": 31439999,
        "typical_volume": 63832222.7,
        "trend": 35.624734,
        "fair_value": 35.311035,
        "relative_strength": -16.866923,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.229019,
        "energy": 36.2316,
        "activity_lines": [
          31.43979,
          31.433768,
          33.201959,
          34.616591
        ]
      },
      {
        "date": "2025-06-27",
        "close": 32.745781,
        "volume": 36621722,
        "typical_volume": 61945760.9,
        "trend": 35.670181,
        "fair_value": 35.400119,
        "relative_strength": -13.101397,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.507558,
        "energy": 28.890949,
        "activity_lines": [
          31.867398,
          31.706499,
          32.976652,
          34.430852
        ]
      },
      {
        "date": "2025-07-04",
        "close": 33.083366,
        "volume": 33564366,
        "typical_volume": 58197945.5,
        "trend": 35.702448,
        "fair_value": 35.489147,
        "relative_strength": -12.58481,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.65627,
        "energy": 24.91801,
        "activity_lines": [
          32.32744,
          31.990765,
          32.799016,
          34.263961
        ]
      },
      {
        "date": "2025-07-11",
        "close": 34.493282,
        "volume": 46578184,
        "typical_volume": 53575436.45,
        "trend": 35.809078,
        "fair_value": 35.566982,
        "relative_strength": -9.146658,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.702092,
        "energy": 20.846178,
        "activity_lines": [
          33.110506,
          32.482682,
          32.779904,
          34.18595
        ]
      },
      {
        "date": "2025-07-18",
        "close": 36.419506,
        "volume": 49801589,
        "typical_volume": 49257358.05,
        "trend": 35.821586,
        "fair_value": 35.664381,
        "relative_strength": -4.154887,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 11.075403,
        "energy": 24.201667,
        "activity_lines": [
          34.397302,
          33.264172,
          32.975781,
          34.225332
        ]
      },
      {
        "date": "2025-07-25",
        "close": 37.690414,
        "volume": 119004867,
        "typical_volume": 51533293.55,
        "trend": 35.653625,
        "fair_value": 35.754446,
        "relative_strength": -1.861433,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 38.212979,
        "energy": 48.772958,
        "activity_lines": [
          35.768164,
          34.186928,
          33.309154,
          34.345902
        ]
      },
      {
        "date": "2025-08-01",
        "close": 40.222301,
        "volume": 79383526,
        "typical_volume": 49949039.6,
        "trend": 35.788983,
        "fair_value": 35.79962,
        "relative_strength": 6.036041,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 48.80111,
        "energy": 69.822026,
        "activity_lines": [
          37.546774,
          35.468308,
          33.894297,
          34.640655
        ]
      },
      {
        "date": "2025-08-08",
        "close": 42.684692,
        "volume": 99460913,
        "typical_volume": 51491861.8,
        "trend": 35.991762,
        "fair_value": 35.850586,
        "relative_strength": 10.664983,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 53.092982,
        "energy": 78.107866,
        "activity_lines": [
          39.647747,
          37.039614,
          34.738364,
          35.08554
        ]
      },
      {
        "date": "2025-08-15",
        "close": 51.531418,
        "volume": 103720969,
        "typical_volume": 54608778.5,
        "trend": 36.411244,
        "fair_value": 35.969179,
        "relative_strength": 30.816587,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 71.136268,
        "energy": 89.130489,
        "activity_lines": [
          44.05754,
          40.00477,
          36.420813,
          36.088098
        ]
      },
      {
        "date": "2025-08-22",
        "close": 51.749851,
        "volume": 95513017,
        "typical_volume": 57665346.55,
        "trend": 36.721703,
        "fair_value": 36.082758,
        "relative_strength": 26.302207,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 92.824699,
        "energy": 97.092978,
        "activity_lines": [
          47.404268,
          42.662126,
          38.065582,
          37.077686
        ]
      },
      {
        "date": "2025-08-29",
        "close": 59.613605,
        "volume": 94478511,
        "typical_volume": 58010656.25,
        "trend": 37.415478,
        "fair_value": 36.273574,
        "relative_strength": 43.087345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 96.71599,
        "energy": 98.616339,
        "activity_lines": [
          52.350225,
          46.377912,
          40.390403,
          38.554582
        ]
      },
      {
        "date": "2025-09-05",
        "close": 55.165424,
        "volume": 103361723,
        "typical_volume": 60287838.85,
        "trend": 38.054153,
        "fair_value": 36.42274,
        "relative_strength": 33.141821,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.994978,
        "energy": 90.399451,
        "activity_lines": [
          54.351908,
          48.767367,
          42.155244,
          39.69974
        ]
      },
      {
        "date": "2025-09-12",
        "close": 53.169697,
        "volume": 83985654,
        "typical_volume": 61875144.45,
        "trend": 38.553981,
        "fair_value": 36.553253,
        "relative_strength": 25.669888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.140557,
        "energy": 80.074919,
        "activity_lines": [
          54.692141,
          50.386333,
          43.610201,
          40.674937
        ]
      },
      {
        "date": "2025-09-19",
        "close": 56.317184,
        "volume": 77747414,
        "typical_volume": 64536085.3,
        "trend": 39.060666,
        "fair_value": 36.697652,
        "relative_strength": 33.843855,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.059041,
        "energy": 68.64771,
        "activity_lines": [
          55.382536,
          52.212363,
          45.256516,
          41.82095
        ]
      },
      {
        "date": "2025-09-26",
        "close": 52.54417,
        "volume": 60698661,
        "typical_volume": 65368129.1,
        "trend": 39.482957,
        "fair_value": 36.858201,
        "relative_strength": 23.885386,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.123416,
        "energy": 60.039651,
        "activity_lines": [
          54.496209,
          52.955592,
          46.423688,
          42.690853
        ]
      },
      {
        "date": "2025-10-03",
        "close": 52.524315,
        "volume": 20163926,
        "typical_volume": 63193356.9,
        "trend": 39.902958,
        "fair_value": 36.982048,
        "relative_strength": 21.520216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.445295,
        "energy": 51.603107,
        "activity_lines": [
          53.550308,
          53.402035,
          47.488665,
          43.532231
        ]
      },
      {
        "date": "2025-10-10",
        "close": 58.352627,
        "volume": 50076113,
        "typical_volume": 64224282.1,
        "trend": 40.336428,
        "fair_value": 37.176624,
        "relative_strength": 33.277407,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.129997,
        "energy": 54.361072,
        "activity_lines": [
          55.019798,
          54.638465,
          49.01144,
          44.722532
        ]
      },
      {
        "date": "2025-10-17",
        "close": 62.373863,
        "volume": 180314306,
        "typical_volume": 71674658.05,
        "trend": 41.021871,
        "fair_value": 37.394324,
        "relative_strength": 43.197938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.30929,
        "energy": 53.134333,
        "activity_lines": [
          57.617219,
          56.276386,
          50.789531,
          46.144302
        ]
      },
      {
        "date": "2025-10-24",
        "close": 64.171005,
        "volume": 113406246,
        "typical_volume": 75912088.15,
        "trend": 41.852574,
        "fair_value": 37.614294,
        "relative_strength": 41.837192,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.418641,
        "energy": 56.482918,
        "activity_lines": [
          60.200077,
          57.883075,
          52.588804,
          47.637795
        ]
      },
      {
        "date": "2025-10-31",
        "close": 67.993668,
        "volume": 141042302,
        "typical_volume": 81018200.4,
        "trend": 42.87618,
        "fair_value": 37.824105,
        "relative_strength": 48.424261,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.986975,
        "energy": 60.041991,
        "activity_lines": [
          63.533568,
          59.954983,
          54.600936,
          49.324317
        ]
      },
      {
        "date": "2025-11-07",
        "close": 91.525352,
        "volume": 201483133,
        "typical_volume": 89520357.1,
        "trend": 44.894303,
        "fair_value": 38.155895,
        "relative_strength": 93.649494,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.920755,
        "energy": 86.550246,
        "activity_lines": [
          73.680987,
          66.010036,
          58.679572,
          52.462973
        ]
      },
      {
        "date": "2025-11-14",
        "close": 76.96946,
        "volume": 165471021,
        "typical_volume": 95962822.05,
        "trend": 46.459808,
        "fair_value": 38.415349,
        "relative_strength": 60.820562,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.032418,
        "energy": 79.144617,
        "activity_lines": [
          76.376372,
          68.838351,
          61.084418,
          54.532338
        ]
      },
      {
        "date": "2025-11-21",
        "close": 71.985115,
        "volume": 99643454,
        "typical_volume": 99266776.45,
        "trend": 47.845812,
        "fair_value": 38.630516,
        "relative_strength": 54.274956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.820304,
        "energy": 68.789989,
        "activity_lines": [
          76.169187,
          70.363984,
          62.803976,
          56.179132
        ]
      },
      {
        "date": "2025-11-28",
        "close": 81.278641,
        "volume": 102902359,
        "typical_volume": 102082985.2,
        "trend": 49.516514,
        "fair_value": 38.925425,
        "relative_strength": 68.728449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.773371,
        "energy": 66.933557,
        "activity_lines": [
          78.419094,
          73.23725,
          65.223385,
          58.336089
        ]
      },
      {
        "date": "2025-12-05",
        "close": 80.454536,
        "volume": 69498494,
        "typical_volume": 103067830.45,
        "trend": 51.148996,
        "fair_value": 39.208638,
        "relative_strength": 63.570546,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.314539,
        "energy": 55.235585,
        "activity_lines": [
          79.253791,
          75.506835,
          67.34152,
          60.332091
        ]
      },
      {
        "date": "2025-12-12",
        "close": 82.70842,
        "volume": 84312872,
        "typical_volume": 101333230.7,
        "trend": 52.836083,
        "fair_value": 39.498527,
        "relative_strength": 65.69106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.58623,
        "energy": 53.633611,
        "activity_lines": [
          80.009057,
          77.678755,
          69.464621,
          62.368182
        ]
      },
      {
        "date": "2025-12-19",
        "close": 82.589272,
        "volume": 100589649,
        "typical_volume": 102393536.85,
        "trend": 54.537579,
        "fair_value": 39.769396,
        "relative_strength": 62.837003,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.734205,
        "energy": 50.436105,
        "activity_lines": [
          81.312403,
          79.28021,
          71.362002,
          64.287743
        ]
      },
      {
        "date": "2025-12-26",
        "close": 92.796265,
        "volume": 114592291,
        "typical_volume": 103150105.75,
        "trend": 56.601484,
        "fair_value": 40.132955,
        "relative_strength": 76.753725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.493017,
        "energy": 55.822914,
        "activity_lines": [
          85.643426,
          82.296816,
          74.029731,
          66.756045
        ]
      },
      {
        "date": "2026-01-02",
        "close": 89.698418,
        "volume": 46872639,
        "typical_volume": 100307689.25,
        "trend": 58.510827,
        "fair_value": 40.501944,
        "relative_strength": 67.86699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.76221,
        "energy": 52.39316,
        "activity_lines": [
          87.554423,
          84.197042,
          76.163799,
          68.891331
        ]
      },
      {
        "date": "2026-01-09",
        "close": 87.603409,
        "volume": 85891603,
        "typical_volume": 99826618.55,
        "trend": 60.386742,
        "fair_value": 40.873046,
        "relative_strength": 55.754808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.051014,
        "energy": 49.320458,
        "activity_lines": [
          88.205765,
          85.252223,
          77.916596,
          70.768272
        ]
      },
      {
        "date": "2026-01-16",
        "close": 97.284164,
        "volume": 156653478,
        "typical_volume": 102935366.9,
        "trend": 62.591307,
        "fair_value": 41.273516,
        "relative_strength": 70.9292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.598944,
        "energy": 55.473328,
        "activity_lines": [
          91.607434,
          87.711,
          80.420638,
          73.148751
        ]
      },
      {
        "date": "2026-01-23",
        "close": 98.207558,
        "volume": 92684883,
        "typical_volume": 102401524.9,
        "trend": 64.773367,
        "fair_value": 41.633154,
        "relative_strength": 68.622781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.09856,
        "energy": 52.598325,
        "activity_lines": [
          94.345185,
          90.232962,
          82.833239,
          75.446574
        ]
      },
      {
        "date": "2026-01-30",
        "close": 90.870033,
        "volume": 74341749,
        "typical_volume": 101919329.65,
        "trend": 66.699589,
        "fair_value": 41.963704,
        "relative_strength": 54.575763,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.487909,
        "energy": 45.954886,
        "activity_lines": [
          93.595875,
          91.03468,
          84.342065,
          77.13023
        ]
      },
      {
        "date": "2026-02-06",
        "close": 92.140953,
        "volume": 106812835,
        "typical_volume": 103372600.7,
        "trend": 68.621178,
        "fair_value": 42.2987,
        "relative_strength": 56.27965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.910247,
        "energy": 44.961425,
        "activity_lines": [
          93.398621,
          91.724113,
          85.792406,
          78.771608
        ]
      },
      {
        "date": "2026-02-13",
        "close": 95.159355,
        "volume": 76500700,
        "typical_volume": 104162702.65,
        "trend": 70.579173,
        "fair_value": 42.653909,
        "relative_strength": 58.248904,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.958319,
        "energy": 42.978511,
        "activity_lines": [
          94.044664,
          92.76485,
          87.359624,
          80.483748
        ]
      },
      {
        "date": "2026-02-27",
        "close": 99.935204,
        "volume": 61315963,
        "typical_volume": 106220304.5,
        "trend": 72.653999,
        "fair_value": 43.054719,
        "relative_strength": 60.484829,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.312722,
        "energy": 43.571694,
        "activity_lines": [
          95.778928,
          94.406563,
          89.178756,
          82.377686
        ]
      },
      {
        "date": "2026-03-06",
        "close": 101.335182,
        "volume": 91919238,
        "typical_volume": 108312460.75,
        "trend": 74.691095,
        "fair_value": 43.479615,
        "relative_strength": 61.648668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.922132,
        "energy": 45.293262,
        "activity_lines": [
          97.803115,
          95.989603,
          90.905453,
          84.228085
        ]
      },
      {
        "date": "2026-03-13",
        "close": 93.312576,
        "volume": 89179980,
        "typical_volume": 103755744.45,
        "trend": 76.378691,
        "fair_value": 43.84377,
        "relative_strength": 47.848325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.775704,
        "energy": 38.582604,
        "activity_lines": [
          96.944592,
          95.773152,
          91.663413,
          85.429471
        ]
      },
      {
        "date": "2026-03-20",
        "close": 79.829018,
        "volume": 72297608,
        "typical_volume": 101700312.55,
        "trend": 77.321945,
        "fair_value": 44.121678,
        "relative_strength": 29.788582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 26.281003,
        "energy": 18.037268,
        "activity_lines": [
          91.428714,
          93.095758,
          90.989898,
          85.652072
        ]
      },
      {
        "date": "2026-03-27",
        "close": 77.019112,
        "volume": 56748863,
        "typical_volume": 97485640.6,
        "trend": 78.164253,
        "fair_value": 44.381265,
        "relative_strength": 25.480386,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 9.716706,
        "energy": 13.068756,
        "activity_lines": [
          85.796995,
          90.086916,
          89.97421,
          85.632535
        ]
      },
      {
        "date": "2026-04-03",
        "close": 71.48867,
        "volume": 44713230,
        "typical_volume": 89647145.45,
        "trend": 78.560089,
        "fair_value": 44.617982,
        "relative_strength": 16.520438,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": -12.501662,
        "energy": 27.635305,
        "activity_lines": [
          79.531146,
          86.26498,
          88.388836,
          85.201852
        ]
      },
      {
        "date": "2026-04-10",
        "close": 83.741028,
        "volume": 72639861,
        "typical_volume": 85005587.45,
        "trend": 79.512609,
        "fair_value": 44.929231,
        "relative_strength": 31.283965,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.128967,
        "energy": 29.188619,
        "activity_lines": [
          79.245851,
          85.139755,
          88.065765,
          85.536106
        ]
      },
      {
        "date": "2026-04-17",
        "close": 86.819016,
        "volume": 69457940,
        "typical_volume": 83496311.75,
        "trend": 80.634253,
        "fair_value": 45.273903,
        "relative_strength": 32.036774,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 2.3263,
        "energy": 18.35346,
        "activity_lines": [
          81.159496,
          84.837192,
          88.003591,
          86.007487
        ]
      },
      {
        "date": "2026-04-24",
        "close": 92.071449,
        "volume": 88983015,
        "typical_volume": 82800344.55,
        "trend": 81.826062,
        "fair_value": 45.666369,
        "relative_strength": 36.872642,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.007041,
        "energy": 12.586355,
        "activity_lines": [
          85.256856,
          85.563271,
          88.371011,
          86.745371
        ]
      },
      {
        "date": "2026-05-01",
        "close": 87.474327,
        "volume": 39357625,
        "typical_volume": 81293301.1,
        "trend": 82.9904,
        "fair_value": 46.022396,
        "relative_strength": 27.23105,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.055725,
        "energy": 17.364697,
        "activity_lines": [
          87.00568,
          85.454774,
          88.249215,
          87.109775
        ]
      },
      {
        "date": "2026-05-08",
        "close": 91.209999,
        "volume": 47833419,
        "typical_volume": 79469328.45,
        "trend": 84.279923,
        "fair_value": 46.399841,
        "relative_strength": 28.689477,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.857453,
        "energy": 25.156732,
        "activity_lines": [
          89.302714,
          86.165218,
          88.44977,
          87.640072
        ]
      },
      {
        "date": "2026-05-15",
        "close": 92.57,
        "volume": 114761649,
        "typical_volume": 80177928.45,
        "trend": 85.420502,
        "fair_value": 46.790299,
        "relative_strength": 30.10269,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 41.32452,
        "energy": 27.893895,
        "activity_lines": [
          90.738326,
          87.281575,
          88.739365,
          88.174915
        ]
      },
      {
        "date": "2026-05-22",
        "close": 96.07,
        "volume": 97739418,
        "typical_volume": 79335284.8,
        "trend": 86.543707,
        "fair_value": 47.209592,
        "relative_strength": 33.693909,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 48.128792,
        "energy": 34.397792,
        "activity_lines": [
          92.752007,
          89.193662,
          89.314767,
          88.86198
        ]
      },
      {
        "date": "2026-05-29",
        "close": 100.480003,
        "volume": 120259729,
        "typical_volume": 83004639.3,
        "trend": 87.754007,
        "fair_value": 47.668277,
        "relative_strength": 39.017109,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 65.081351,
        "energy": 51.012966,
        "activity_lines": [
          95.618956,
          91.857433,
          90.294579,
          89.761096
        ]
      },
      {
        "date": "2026-06-05",
        "close": 89.919998,
        "volume": 20811243,
        "typical_volume": 79750621.3,
        "trend": 88.484884,
        "fair_value": 48.04386,
        "relative_strength": 23.911026,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 51.526485,
        "energy": 36.980758,
        "activity_lines": [
          94.405333,
          92.225731,
          90.217336,
          89.900837
        ]
      },
      {
        "date": "2026-06-12",
        "close": 80.5,
        "volume": 12301948,
        "typical_volume": 72533044.8,
        "trend": 88.117373,
        "fair_value": 48.358437,
        "relative_strength": 9.610446,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.389799,
        "energy": 6.853157,
        "activity_lines": [
          89.888667,
          90.64674,
          89.231918,
          89.385683
        ]
      },
      {
        "date": "2026-06-19",
        "close": 92.5,
        "volume": 76211890,
        "typical_volume": 71709395.15,
        "trend": 88.635057,
        "fair_value": 48.765161,
        "relative_strength": 22.410733,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.939243,
        "energy": 10.884489,
        "activity_lines": [
          90.086,
          91.085725,
          89.469283,
          89.668433
        ]
      },
      {
        "date": "2026-06-26",
        "close": 82.0,
        "volume": 16903659,
        "typical_volume": 68837490.65,
        "trend": 88.968887,
        "fair_value": 49.118744,
        "relative_strength": 8.960813,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.251981,
        "energy": 15.777196,
        "activity_lines": [
          86.788,
          89.456366,
          88.733826,
          89.240365
        ]
      },
      {
        "date": "2026-07-03",
        "close": 79.540001,
        "volume": 10842578,
        "typical_volume": 64038977.8,
        "trend": 88.910932,
        "fair_value": 49.444441,
        "relative_strength": 4.180251,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.105065,
        "energy": 37.099609,
        "activity_lines": [
          83.608,
          87.467352,
          87.806322,
          88.63205
        ]
      },
      {
        "date": "2026-07-10",
        "close": 77.809998,
        "volume": 77131601,
        "typical_volume": 64070522.85,
        "trend": 88.822781,
        "fair_value": 49.755818,
        "relative_strength": 2.091291,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -59.278512,
        "energy": 53.148116,
        "activity_lines": [
          81.247333,
          85.391636,
          86.77406,
          87.91586
        ]
      },
      {
        "date": "2026-07-17",
        "close": 62.610001,
        "volume": 61885339,
        "typical_volume": 64098991.65,
        "trend": 88.152834,
        "fair_value": 49.968951,
        "relative_strength": -13.383193,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.255676,
        "energy": 73.912308,
        "activity_lines": [
          74.627333,
          80.728,
          84.376795,
          86.224713
        ]
      },
      {
        "date": "2026-07-24",
        "close": 68.209999,
        "volume": 73188053,
        "typical_volume": 63162432.4,
        "trend": 87.673525,
        "fair_value": 50.211146,
        "relative_strength": -7.57554,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.25875,
        "energy": 72.325798,
        "activity_lines": [
          71.066666,
          77.602545,
          82.690603,
          84.938079
        ]
      },
      {
        "date": "2026-07-31",
        "close": 64.300003,
        "volume": 59051126,
        "typical_volume": 61655989.7,
        "trend": 86.723649,
        "fair_value": 50.434428,
        "relative_strength": -13.823053,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.140091,
        "energy": 75.419037,
        "activity_lines": [
          67.822001,
          74.209091,
          80.789769,
          83.43011
        ]
      },
      {
        "date": "2026-08-07",
        "close": 69.330002,
        "volume": 55001751,
        "typical_volume": 60791196.85,
        "trend": 86.044702,
        "fair_value": 50.66715,
        "relative_strength": -10.182059,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.673951,
        "energy": 70.503962,
        "activity_lines": [
          67.434001,
          72.307819,
          79.506138,
          82.307939
        ]
      }
    ],
    "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."
    }
  }
}