{
  "ticker": {
    "uuid": "7dd027e5-7b06-42ec-810e-97420c86c03b",
    "symbol": "300413",
    "name": "Mango Excellent Media Co., Ltd.",
    "exchange": "SHZ",
    "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": "399001.SZ",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -48.286,
    "architecture_energy": 45.825,
    "architecture_maturity": 100.0,
    "architecture_confidence": 93.288,
    "architecture_tenure": "Established",
    "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": 24.0,
        "rotation_up": 27.83,
        "upward_expansion": 20.85,
        "deceleration": 47.0,
        "rotation_down": 38.44,
        "downward_expansion": 68.51
      },
      "activity_lines": [
        15.660667,
        15.381107,
        16.408114,
        17.80537
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 16.0,
    "trend_reference": 19.98551,
    "distance_from_trend": -0.19942,
    "trend_direction": "Weakening",
    "fair_value": 24.121457,
    "distance_from_fair_value": -0.33669,
    "fair_value_direction": "Weakening",
    "relative_strength": -33.773506,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.37181,
    "excess_performance": -0.37921,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.19942,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.144859,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.33669,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.12916,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.337735,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.004023,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.37181,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.293965,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 123592679,
      "relative_activity": 1.835739,
      "balance": 0.293965,
      "dry_up": 1.642927,
      "accumulation_observations": 2,
      "distribution_observations": 6
    },
    "risk": {
      "range_context": 0.079879,
      "annualized_volatility": 0.327344,
      "from_high_reference": -0.560681,
      "from_low_reference": 0.135603
    },
    "levels": {
      "trend_reference": 19.98551,
      "fair_value_reference": 24.121457,
      "structural_low": 14.089436,
      "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": 38,
        "median_return": -0.03959,
        "positive_rate": 0.394737,
        "directional_follow_through": 0.605263,
        "median_excess_return": -0.033289,
        "regime_survival": 0.815789,
        "best_return": 0.303714,
        "worst_return": -0.223571,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": -0.058892,
        "positive_rate": 0.357143,
        "directional_follow_through": 0.642857,
        "median_excess_return": -0.034575,
        "regime_survival": 0.642857,
        "best_return": 0.456981,
        "worst_return": -0.336851,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.156664,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.086228,
        "regime_survival": 0.428571,
        "best_return": 0.480769,
        "worst_return": -0.246734,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.111635,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.108418,
        "regime_survival": 0.5,
        "best_return": 0.475122,
        "worst_return": -0.478788,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-06-28",
        "end": "2024-09-27",
        "tenure": "Established",
        "return": 0.10814,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-04",
        "end": "2024-11-08",
        "tenure": "Developing",
        "return": 0.05965,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-15",
        "end": "2025-01-03",
        "tenure": "Developing",
        "return": -0.094463,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": 0.126237,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-14",
        "end": "2025-03-14",
        "tenure": "Developing",
        "return": -0.038723,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-21",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": -0.12321,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-16",
        "end": "2025-08-15",
        "tenure": "Established",
        "return": -0.056374,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-22",
        "end": "2025-09-26",
        "tenure": "Developing",
        "return": 0.385821,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-03",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": -0.178412,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-07",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": -0.121245,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-12",
        "end": "2026-01-09",
        "tenure": "Developing",
        "return": 0.098874,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-16",
        "end": "2026-01-23",
        "tenure": "New",
        "return": 0.008732,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-03-06",
        "tenure": "Developing",
        "return": -0.110718,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-13",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.278629,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 32.981815,
        "volume": 74262563,
        "typical_volume": 104885486.3,
        "trend": 33.375632,
        "fair_value": 45.691759,
        "relative_strength": 11.243177,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -4.131845,
        "energy": 6.631494,
        "activity_lines": [
          32.919765,
          33.322922,
          33.163649,
          33.433923
        ]
      },
      {
        "date": "2023-08-04",
        "close": 33.835045,
        "volume": 87056531,
        "typical_volume": 106488077.2,
        "trend": 33.525874,
        "fair_value": 45.473954,
        "relative_strength": 12.26397,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.524904,
        "energy": 11.708196,
        "activity_lines": [
          33.193748,
          33.512181,
          33.169563,
          33.463562
        ]
      },
      {
        "date": "2023-08-11",
        "close": 32.275692,
        "volume": 44918086,
        "typical_volume": 104498133.1,
        "trend": 33.520907,
        "fair_value": 45.277545,
        "relative_strength": 10.95364,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.812428,
        "energy": 18.054635,
        "activity_lines": [
          32.920356,
          33.315722,
          33.036627,
          33.382905
        ]
      },
      {
        "date": "2023-08-18",
        "close": 28.656813,
        "volume": 77661683,
        "typical_volume": 103402296.3,
        "trend": 33.437645,
        "fair_value": 45.038047,
        "relative_strength": 1.661043,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -65.193604,
        "energy": 49.253802,
        "activity_lines": [
          31.45842,
          32.408398,
          32.58254,
          33.069093
        ]
      },
      {
        "date": "2023-08-25",
        "close": 28.107607,
        "volume": 52984540,
        "typical_volume": 99719694.2,
        "trend": 33.329889,
        "fair_value": 44.810692,
        "relative_strength": 2.753461,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.688684,
        "energy": 62.005226,
        "activity_lines": [
          30.176285,
          31.445922,
          32.112932,
          32.725219
        ]
      },
      {
        "date": "2023-09-01",
        "close": 28.901995,
        "volume": 48861222,
        "typical_volume": 94684518.1,
        "trend": 33.171434,
        "fair_value": 44.597869,
        "relative_strength": 1.982205,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.48701,
        "energy": 65.994107,
        "activity_lines": [
          29.419818,
          30.799627,
          31.76424,
          32.439549
        ]
      },
      {
        "date": "2023-09-08",
        "close": 27.460329,
        "volume": 39105135,
        "typical_volume": 89338795.4,
        "trend": 32.961667,
        "fair_value": 44.392802,
        "relative_strength": -1.669154,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.794731,
        "energy": 73.03488,
        "activity_lines": [
          28.454784,
          30.031639,
          31.319165,
          32.07109
        ]
      },
      {
        "date": "2023-09-15",
        "close": 27.117073,
        "volume": 39771612,
        "typical_volume": 83181699.0,
        "trend": 32.769441,
        "fair_value": 44.126823,
        "relative_strength": -1.815716,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.808535,
        "energy": 77.338997,
        "activity_lines": [
          27.800313,
          29.30962,
          30.862481,
          31.69402
        ]
      },
      {
        "date": "2023-09-22",
        "close": 26.862083,
        "volume": 37560214,
        "typical_volume": 81980154.65,
        "trend": 32.601605,
        "fair_value": 43.843457,
        "relative_strength": -3.348065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.867301,
        "energy": 75.979886,
        "activity_lines": [
          27.404753,
          28.639873,
          30.419301,
          31.3129
        ]
      },
      {
        "date": "2023-09-29",
        "close": 27.764353,
        "volume": 41419795,
        "typical_volume": 78085986.55,
        "trend": 32.35801,
        "fair_value": 43.603481,
        "relative_strength": 0.246141,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.280415,
        "energy": 71.296746,
        "activity_lines": [
          27.429598,
          28.265771,
          30.099937,
          31.000819
        ]
      },
      {
        "date": "2023-10-13",
        "close": 26.940542,
        "volume": 41669892,
        "typical_volume": 74415364.95,
        "trend": 32.112681,
        "fair_value": 43.362582,
        "relative_strength": -2.642546,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.279494,
        "energy": 65.854476,
        "activity_lines": [
          27.202723,
          27.819273,
          29.723981,
          30.651305
        ]
      },
      {
        "date": "2023-10-20",
        "close": 25.390995,
        "volume": 26257274,
        "typical_volume": 72237049.75,
        "trend": 31.763596,
        "fair_value": 43.12252,
        "relative_strength": -3.733435,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.343129,
        "energy": 65.960609,
        "activity_lines": [
          26.590096,
          27.200881,
          29.209492,
          30.217648
        ]
      },
      {
        "date": "2023-10-27",
        "close": 24.635838,
        "volume": 68644214,
        "typical_volume": 70877718.25,
        "trend": 31.344401,
        "fair_value": 42.861867,
        "relative_strength": -8.70345,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.630252,
        "energy": 71.893799,
        "activity_lines": [
          25.863706,
          26.598715,
          28.636525,
          29.757793
        ]
      },
      {
        "date": "2023-11-03",
        "close": 25.243887,
        "volume": 62307669,
        "typical_volume": 67829458.9,
        "trend": 30.973153,
        "fair_value": 42.595398,
        "relative_strength": -7.493458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.637509,
        "energy": 73.777201,
        "activity_lines": [
          25.505414,
          26.24601,
          28.143997,
          29.364211
        ]
      },
      {
        "date": "2023-11-10",
        "close": 28.195873,
        "volume": 122755876,
        "typical_volume": 63172582.25,
        "trend": 30.659274,
        "fair_value": 42.303025,
        "relative_strength": 1.452101,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.543993,
        "energy": 50.457998,
        "activity_lines": [
          26.238997,
          26.492084,
          27.960572,
          29.185032
        ]
      },
      {
        "date": "2023-11-17",
        "close": 27.430906,
        "volume": 55739558,
        "typical_volume": 61315923.0,
        "trend": 30.323803,
        "fair_value": 42.027913,
        "relative_strength": -1.738079,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.766698,
        "energy": 38.350426,
        "activity_lines": [
          26.688824,
          26.597467,
          27.748852,
          28.97675
        ]
      },
      {
        "date": "2023-11-24",
        "close": 26.420759,
        "volume": 88408415,
        "typical_volume": 60527100.4,
        "trend": 30.141583,
        "fair_value": 41.737049,
        "relative_strength": -4.307075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.179773,
        "energy": 32.112133,
        "activity_lines": [
          26.769243,
          26.545935,
          27.484713,
          28.72494
        ]
      },
      {
        "date": "2023-12-01",
        "close": 26.381529,
        "volume": 70911042,
        "typical_volume": 59857238.85,
        "trend": 29.852545,
        "fair_value": 41.413309,
        "relative_strength": -3.5289,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.05908,
        "energy": 25.693694,
        "activity_lines": [
          26.767935,
          26.506171,
          27.250172,
          28.482356
        ]
      },
      {
        "date": "2023-12-08",
        "close": 29.676769,
        "volume": 165816230,
        "typical_volume": 64621326.0,
        "trend": 29.681164,
        "fair_value": 41.168594,
        "relative_strength": 9.739826,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.330718,
        "energy": 15.59081,
        "activity_lines": [
          27.748662,
          27.078915,
          27.358799,
          28.471016
        ]
      },
      {
        "date": "2023-12-15",
        "close": 28.715658,
        "volume": 154285028,
        "typical_volume": 70019828.95,
        "trend": 29.559809,
        "fair_value": 40.909625,
        "relative_strength": 7.529074,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.369408,
        "energy": 13.617428,
        "activity_lines": [
          28.113492,
          27.425735,
          27.396954,
          28.408725
        ]
      },
      {
        "date": "2023-12-22",
        "close": 25.106586,
        "volume": 99938630,
        "typical_volume": 71303632.3,
        "trend": 29.435384,
        "fair_value": 40.672099,
        "relative_strength": -4.616841,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.912967,
        "energy": 21.553182,
        "activity_lines": [
          27.240646,
          27.099064,
          27.107126,
          28.121421
        ]
      },
      {
        "date": "2023-12-29",
        "close": 24.714296,
        "volume": 119747139,
        "typical_volume": 72938162.7,
        "trend": 29.318725,
        "fair_value": 40.410267,
        "relative_strength": -9.227979,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.944766,
        "energy": 31.131811,
        "activity_lines": [
          26.391991,
          26.734413,
          26.817439,
          27.816834
        ]
      },
      {
        "date": "2024-01-05",
        "close": 23.69434,
        "volume": 83436342,
        "typical_volume": 74864075.5,
        "trend": 29.129641,
        "fair_value": 40.141025,
        "relative_strength": -8.989005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.515028,
        "energy": 57.270798,
        "activity_lines": [
          25.317115,
          26.196618,
          26.474045,
          27.453971
        ]
      },
      {
        "date": "2024-01-12",
        "close": 22.00749,
        "volume": 102149078,
        "typical_volume": 76088445.25,
        "trend": 28.826037,
        "fair_value": 39.873049,
        "relative_strength": -14.214235,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.598871,
        "energy": 78.533224,
        "activity_lines": [
          23.859102,
          25.369242,
          26.010862,
          26.994477
        ]
      },
      {
        "date": "2024-01-19",
        "close": 21.821154,
        "volume": 97164570,
        "typical_volume": 78297446.75,
        "trend": 28.301621,
        "fair_value": 39.614463,
        "relative_strength": -12.697856,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.086438,
        "energy": 81.259967,
        "activity_lines": [
          22.850262,
          24.56683,
          25.561596,
          26.542549
        ]
      },
      {
        "date": "2024-01-26",
        "close": 22.380167,
        "volume": 123997344,
        "typical_volume": 82054252.85,
        "trend": 27.826775,
        "fair_value": 39.306538,
        "relative_strength": -10.129422,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.627123,
        "energy": 78.269709,
        "activity_lines": [
          22.487393,
          23.98196,
          25.195505,
          26.16052
        ]
      },
      {
        "date": "2024-02-02",
        "close": 20.556017,
        "volume": 91992108,
        "typical_volume": 84698601.5,
        "trend": 27.397936,
        "fair_value": 38.999995,
        "relative_strength": -10.175576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.507785,
        "energy": 80.803946,
        "activity_lines": [
          21.698236,
          23.157259,
          24.686741,
          25.691439
        ]
      },
      {
        "date": "2024-02-09",
        "close": 23.066675,
        "volume": 97772135,
        "typical_volume": 87598627.65,
        "trend": 27.082095,
        "fair_value": 38.642741,
        "relative_strength": -7.834189,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.426236,
        "energy": 53.688531,
        "activity_lines": [
          22.023183,
          22.895672,
          24.449966,
          25.412003
        ]
      },
      {
        "date": "2024-02-23",
        "close": 23.684532,
        "volume": 115594649,
        "typical_volume": 91500349.4,
        "trend": 26.734917,
        "fair_value": 38.221895,
        "relative_strength": -7.832622,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.695782,
        "energy": 42.944001,
        "activity_lines": [
          22.595927,
          22.806694,
          24.291322,
          25.192805
        ]
      },
      {
        "date": "2024-03-01",
        "close": 25.136007,
        "volume": 163961148,
        "typical_volume": 97627417.05,
        "trend": 26.505427,
        "fair_value": 37.878715,
        "relative_strength": -5.880765,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.375063,
        "energy": 26.615563,
        "activity_lines": [
          23.540693,
          23.090569,
          24.286045,
          25.089649
        ]
      },
      {
        "date": "2024-03-08",
        "close": 23.704147,
        "volume": 100614374,
        "typical_volume": 100574641.15,
        "trend": 26.196172,
        "fair_value": 37.522621,
        "relative_strength": -10.512822,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.067094,
        "energy": 20.359751,
        "activity_lines": [
          23.787182,
          23.179191,
          24.156916,
          24.908922
        ]
      },
      {
        "date": "2024-03-15",
        "close": 23.939522,
        "volume": 102360157,
        "typical_volume": 104379785.3,
        "trend": 25.866321,
        "fair_value": 37.18111,
        "relative_strength": -11.633647,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.285915,
        "energy": 20.706845,
        "activity_lines": [
          24.023864,
          23.336107,
          24.065615,
          24.763331
        ]
      },
      {
        "date": "2024-03-22",
        "close": 26.273651,
        "volume": 192644064,
        "typical_volume": 110579777.8,
        "trend": 25.666253,
        "fair_value": 36.898704,
        "relative_strength": -2.37222,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -6.66805,
        "energy": 14.811194,
        "activity_lines": [
          24.813022,
          23.931498,
          24.203524,
          24.789611
        ]
      },
      {
        "date": "2024-03-29",
        "close": 23.841448,
        "volume": 115531133,
        "typical_volume": 113240951.0,
        "trend": 25.505741,
        "fair_value": 36.652135,
        "relative_strength": -9.459185,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.205572,
        "energy": 16.243373,
        "activity_lines": [
          24.577647,
          24.037772,
          24.101995,
          24.671881
        ]
      },
      {
        "date": "2024-04-05",
        "close": 23.664919,
        "volume": 46986470,
        "typical_volume": 109452480.7,
        "trend": 25.357651,
        "fair_value": 36.390238,
        "relative_strength": -11.045502,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.93435,
        "energy": 12.533028,
        "activity_lines": [
          24.272969,
          24.078606,
          23.990333,
          24.553119
        ]
      },
      {
        "date": "2024-04-12",
        "close": 22.497856,
        "volume": 55802924,
        "typical_volume": 109455649.0,
        "trend": 25.14418,
        "fair_value": 36.161578,
        "relative_strength": -12.128712,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.350343,
        "energy": 20.350552,
        "activity_lines": [
          23.677342,
          23.873724,
          23.789097,
          24.368616
        ]
      },
      {
        "date": "2024-04-19",
        "close": 23.08629,
        "volume": 65461749,
        "typical_volume": 108308315.7,
        "trend": 24.998379,
        "fair_value": 35.958357,
        "relative_strength": -9.919314,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.739584,
        "energy": 28.570874,
        "activity_lines": [
          23.358279,
          23.77369,
          23.667394,
          24.235849
        ]
      },
      {
        "date": "2024-04-26",
        "close": 22.595928,
        "volume": 74747109,
        "typical_volume": 108500119.05,
        "trend": 24.847674,
        "fair_value": 35.739354,
        "relative_strength": -13.072907,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.085324,
        "energy": 42.122108,
        "activity_lines": [
          22.932644,
          23.538494,
          23.514867,
          24.080852
        ]
      },
      {
        "date": "2024-05-03",
        "close": 22.988218,
        "volume": 30588062,
        "typical_volume": 101738710.65,
        "trend": 24.718545,
        "fair_value": 35.498895,
        "relative_strength": -12.46312,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.975136,
        "energy": 45.613032,
        "activity_lines": [
          22.882954,
          23.383183,
          23.417729,
          23.960887
        ]
      },
      {
        "date": "2024-05-10",
        "close": 22.066336,
        "volume": 76918946,
        "typical_volume": 97870406.55,
        "trend": 24.528611,
        "fair_value": 35.250659,
        "relative_strength": -16.736405,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.69997,
        "energy": 49.850686,
        "activity_lines": [
          22.582851,
          23.072917,
          23.264642,
          23.789777
        ]
      },
      {
        "date": "2024-05-17",
        "close": 25.714634,
        "volume": 282045306,
        "typical_volume": 106975740.35,
        "trend": 24.487748,
        "fair_value": 35.049468,
        "relative_strength": -2.43128,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -13.72217,
        "energy": 8.936754,
        "activity_lines": [
          23.605421,
          23.48179,
          23.490676,
          23.866294
        ]
      },
      {
        "date": "2024-05-24",
        "close": 24.253353,
        "volume": 131320505,
        "typical_volume": 107554408.65,
        "trend": 24.449826,
        "fair_value": 34.813445,
        "relative_strength": -4.947699,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.209818,
        "energy": 9.630021,
        "activity_lines": [
          23.926445,
          23.588422,
          23.574645,
          23.851172
        ]
      },
      {
        "date": "2024-05-31",
        "close": 22.674385,
        "volume": 89396068,
        "typical_volume": 107852394.95,
        "trend": 24.384444,
        "fair_value": 34.535113,
        "relative_strength": -10.45088,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.06744,
        "energy": 17.104315,
        "activity_lines": [
          23.643342,
          23.402262,
          23.510431,
          23.736627
        ]
      },
      {
        "date": "2024-06-07",
        "close": 21.879995,
        "volume": 81596360,
        "typical_volume": 106824759.05,
        "trend": 24.272315,
        "fair_value": 34.270802,
        "relative_strength": -12.434988,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.143096,
        "energy": 23.094418,
        "activity_lines": [
          23.090212,
          23.137109,
          23.375417,
          23.57505
        ]
      },
      {
        "date": "2024-06-14",
        "close": 22.076143,
        "volume": 44567939,
        "typical_volume": 104194927.5,
        "trend": 24.068324,
        "fair_value": 34.006628,
        "relative_strength": -11.437979,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.296763,
        "energy": 39.543437,
        "activity_lines": [
          22.676346,
          22.943282,
          23.259692,
          23.433362
        ]
      },
      {
        "date": "2024-06-21",
        "close": 20.291222,
        "volume": 72141958,
        "typical_volume": 101602158.2,
        "trend": 23.830334,
        "fair_value": 33.700318,
        "relative_strength": -16.531722,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -71.687152,
        "energy": 66.683223,
        "activity_lines": [
          21.666853,
          22.453811,
          22.972759,
          23.189678
        ]
      },
      {
        "date": "2024-06-28",
        "close": 20.497173,
        "volume": 65907261,
        "typical_volume": 100297915.85,
        "trend": 23.632881,
        "fair_value": 33.37391,
        "relative_strength": -12.998037,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.750284,
        "energy": 73.141581,
        "activity_lines": [
          21.08757,
          22.041906,
          22.715389,
          22.974635
        ]
      },
      {
        "date": "2024-07-05",
        "close": 19.555677,
        "volume": 62033614,
        "typical_volume": 98510989.8,
        "trend": 23.405353,
        "fair_value": 33.065046,
        "relative_strength": -14.878794,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.60079,
        "energy": 78.978628,
        "activity_lines": [
          20.444868,
          21.505895,
          22.368632,
          22.711589
        ]
      },
      {
        "date": "2024-07-12",
        "close": 19.87328,
        "volume": 54199940,
        "typical_volume": 95441254.35,
        "trend": 23.07857,
        "fair_value": 32.757033,
        "relative_strength": -14.55607,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.429593,
        "energy": 76.858617,
        "activity_lines": [
          20.115948,
          21.082907,
          22.068842,
          22.483714
        ]
      },
      {
        "date": "2024-07-19",
        "close": 19.932663,
        "volume": 52134311,
        "typical_volume": 89849912.5,
        "trend": 22.785803,
        "fair_value": 32.458631,
        "relative_strength": -14.303452,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.412225,
        "energy": 71.034124,
        "activity_lines": [
          19.940602,
          20.727351,
          21.792857,
          22.280752
        ]
      },
      {
        "date": "2024-07-26",
        "close": 19.229973,
        "volume": 43881358,
        "typical_volume": 87013261.7,
        "trend": 22.589916,
        "fair_value": 32.171006,
        "relative_strength": -13.848099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.894483,
        "energy": 67.953634,
        "activity_lines": [
          19.673926,
          20.282827,
          21.474727,
          22.051344
        ]
      },
      {
        "date": "2024-08-02",
        "close": 19.843588,
        "volume": 46984845,
        "typical_volume": 84244496.1,
        "trend": 22.427559,
        "fair_value": 31.893364,
        "relative_strength": -10.218646,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.181231,
        "energy": 48.814354,
        "activity_lines": [
          19.682537,
          20.067773,
          21.236341,
          21.874161
        ]
      },
      {
        "date": "2024-08-09",
        "close": 20.140501,
        "volume": 52138852,
        "typical_volume": 77219235.5,
        "trend": 22.309098,
        "fair_value": 31.665213,
        "relative_strength": -6.743076,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.034722,
        "energy": 43.744461,
        "activity_lines": [
          19.833692,
          19.986881,
          21.045738,
          21.726609
        ]
      },
      {
        "date": "2024-08-16",
        "close": 20.378031,
        "volume": 39719419,
        "typical_volume": 73428649.8,
        "trend": 22.254783,
        "fair_value": 31.423492,
        "relative_strength": -4.74195,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.677435,
        "energy": 37.718347,
        "activity_lines": [
          20.025035,
          19.995246,
          20.906962,
          21.602024
        ]
      },
      {
        "date": "2024-08-23",
        "close": 18.388723,
        "volume": 46484921,
        "typical_volume": 73403572.35,
        "trend": 22.140368,
        "fair_value": 31.18168,
        "relative_strength": -11.787562,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.811375,
        "energy": 48.169422,
        "activity_lines": [
          19.519626,
          19.669227,
          20.595221,
          21.352601
        ]
      },
      {
        "date": "2024-08-30",
        "close": 19.160694,
        "volume": 46264080,
        "typical_volume": 72926630.15,
        "trend": 22.033053,
        "fair_value": 30.960908,
        "relative_strength": -9.614606,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.83168,
        "energy": 44.014851,
        "activity_lines": [
          19.37447,
          19.550611,
          20.382125,
          21.160364
        ]
      },
      {
        "date": "2024-09-06",
        "close": 18.527281,
        "volume": 32800114,
        "typical_volume": 71293548.4,
        "trend": 21.965428,
        "fair_value": 30.750982,
        "relative_strength": -9.924104,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.664902,
        "energy": 60.712977,
        "activity_lines": [
          19.022794,
          19.337384,
          20.124595,
          20.934185
        ]
      },
      {
        "date": "2024-09-13",
        "close": 18.190781,
        "volume": 29659133,
        "typical_volume": 69039149.6,
        "trend": 21.802898,
        "fair_value": 30.518317,
        "relative_strength": -9.596895,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.43431,
        "energy": 70.039099,
        "activity_lines": [
          18.646706,
          19.098791,
          19.856728,
          20.690659
        ]
      },
      {
        "date": "2024-09-20",
        "close": 18.814297,
        "volume": 26468299,
        "typical_volume": 68833161.45,
        "trend": 21.640557,
        "fair_value": 30.306738,
        "relative_strength": -7.317681,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.270612,
        "energy": 59.583589,
        "activity_lines": [
          18.608438,
          18.998381,
          19.66922,
          20.497846
        ]
      },
      {
        "date": "2024-09-27",
        "close": 22.713736,
        "volume": 99124693,
        "typical_volume": 69943448.8,
        "trend": 21.559815,
        "fair_value": 30.154209,
        "relative_strength": -4.83091,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -12.376791,
        "energy": 11.905385,
        "activity_lines": [
          19.974231,
          19.626215,
          19.872963,
          20.567084
        ]
      },
      {
        "date": "2024-10-04",
        "close": 26.04904,
        "volume": 52886695,
        "typical_volume": 58485518.25,
        "trend": 21.637978,
        "fair_value": 30.04302,
        "relative_strength": -1.250847,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 44.034492,
        "energy": 42.489791,
        "activity_lines": [
          22.163459,
          20.809902,
          20.391271,
          20.856711
        ]
      },
      {
        "date": "2024-10-11",
        "close": 23.416426,
        "volume": 163157660,
        "typical_volume": 60077376.0,
        "trend": 21.620541,
        "fair_value": 29.92194,
        "relative_strength": -6.792812,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.856959,
        "energy": 38.18604,
        "activity_lines": [
          23.015925,
          21.390949,
          20.657261,
          20.97145
        ]
      },
      {
        "date": "2024-10-18",
        "close": 24.109219,
        "volume": 123986040,
        "typical_volume": 61806874.6,
        "trend": 21.548394,
        "fair_value": 29.812785,
        "relative_strength": -6.535806,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.142856,
        "energy": 43.071961,
        "activity_lines": [
          23.773379,
          22.032998,
          20.993217,
          21.13201
        ]
      },
      {
        "date": "2024-10-25",
        "close": 26.524099,
        "volume": 206801574,
        "typical_volume": 68067135.3,
        "trend": 21.637815,
        "fair_value": 29.707385,
        "relative_strength": 0.408073,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 53.312376,
        "energy": 72.750241,
        "activity_lines": [
          24.941231,
          23.041957,
          21.552329,
          21.453023
        ]
      },
      {
        "date": "2024-11-01",
        "close": 24.267572,
        "volume": 153548949,
        "typical_volume": 73516185.8,
        "trend": 21.657904,
        "fair_value": 29.591075,
        "relative_strength": -6.545327,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 36.406497,
        "energy": 51.571415,
        "activity_lines": [
          24.84292,
          23.528892,
          21.874419,
          21.622684
        ]
      },
      {
        "date": "2024-11-08",
        "close": 27.602877,
        "volume": 147657277,
        "typical_volume": 77291951.75,
        "trend": 21.828071,
        "fair_value": 29.471384,
        "relative_strength": -0.358034,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 78.77253,
        "energy": 68.871269,
        "activity_lines": [
          25.752789,
          24.515358,
          22.503722,
          22.006231
        ]
      },
      {
        "date": "2024-11-15",
        "close": 27.345554,
        "volume": 128372483,
        "typical_volume": 80415212.85,
        "trend": 21.970047,
        "fair_value": 29.399752,
        "relative_strength": 2.727553,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.613778,
        "energy": 65.447697,
        "activity_lines": [
          26.473294,
          25.301543,
          23.0737,
          22.362198
        ]
      },
      {
        "date": "2024-11-22",
        "close": 27.206995,
        "volume": 87650586,
        "typical_volume": 81696061.45,
        "trend": 22.123749,
        "fair_value": 29.316131,
        "relative_strength": 5.361181,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.258986,
        "energy": 53.367447,
        "activity_lines": [
          26.885671,
          25.902204,
          23.597871,
          22.700065
        ]
      },
      {
        "date": "2024-11-29",
        "close": 28.523304,
        "volume": 110570811,
        "typical_volume": 84514605.0,
        "trend": 22.308252,
        "fair_value": 29.25392,
        "relative_strength": 8.655598,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.096845,
        "energy": 64.357952,
        "activity_lines": [
          27.530299,
          26.578263,
          24.21097,
          23.11294
        ]
      },
      {
        "date": "2024-12-06",
        "close": 28.988466,
        "volume": 88042025,
        "typical_volume": 86309990.7,
        "trend": 22.538989,
        "fair_value": 29.154089,
        "relative_strength": 8.612923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.957967,
        "energy": 62.007965,
        "activity_lines": [
          28.196701,
          27.162369,
          24.827179,
          23.543921
        ]
      },
      {
        "date": "2024-12-13",
        "close": 29.710951,
        "volume": 142835389,
        "typical_volume": 91257692.25,
        "trend": 22.6722,
        "fair_value": 29.080843,
        "relative_strength": 12.424214,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.457383,
        "energy": 56.668383,
        "activity_lines": [
          28.789205,
          27.76375,
          25.469074,
          24.006629
        ]
      },
      {
        "date": "2024-12-20",
        "close": 29.621878,
        "volume": 82286562,
        "typical_volume": 93022778.1,
        "trend": 22.851151,
        "fair_value": 28.982452,
        "relative_strength": 13.031143,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.474356,
        "energy": 53.331833,
        "activity_lines": [
          29.21148,
          28.282356,
          26.052576,
          24.454995
        ]
      },
      {
        "date": "2024-12-27",
        "close": 27.701849,
        "volume": 58600980,
        "typical_volume": 93345884.5,
        "trend": 23.018733,
        "fair_value": 28.874248,
        "relative_strength": 5.674583,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.550803,
        "energy": 47.698,
        "activity_lines": [
          28.84199,
          28.339039,
          26.406655,
          24.767943
        ]
      },
      {
        "date": "2025-01-03",
        "close": 24.762424,
        "volume": 52379015,
        "typical_volume": 93978864.3,
        "trend": 23.114814,
        "fair_value": 28.759239,
        "relative_strength": 1.816396,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.757944,
        "energy": 29.999354,
        "activity_lines": [
          27.459701,
          27.795961,
          26.444782,
          24.880439
        ]
      },
      {
        "date": "2025-01-10",
        "close": 25.009851,
        "volume": 50389485,
        "typical_volume": 94174092.5,
        "trend": 23.212604,
        "fair_value": 28.63197,
        "relative_strength": 3.933302,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.6707,
        "energy": 22.716131,
        "activity_lines": [
          26.410614,
          27.3299,
          26.485595,
          25.0027
        ]
      },
      {
        "date": "2025-01-17",
        "close": 26.375643,
        "volume": 45957164,
        "typical_volume": 94158746.7,
        "trend": 23.415418,
        "fair_value": 28.475472,
        "relative_strength": 5.544359,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.842838,
        "energy": 24.92253,
        "activity_lines": [
          26.082031,
          27.098668,
          26.624955,
          25.206767
        ]
      },
      {
        "date": "2025-01-24",
        "close": 27.682055,
        "volume": 45509224,
        "typical_volume": 94794202.2,
        "trend": 23.654914,
        "fair_value": 28.317993,
        "relative_strength": 9.18183,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.386153,
        "energy": 25.170465,
        "activity_lines": [
          26.411273,
          27.12728,
          26.854378,
          25.482034
        ]
      },
      {
        "date": "2025-01-31",
        "close": 27.494011,
        "volume": 7199870,
        "typical_volume": 93671239.05,
        "trend": 23.919525,
        "fair_value": 28.137355,
        "relative_strength": 9.768203,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.869589,
        "energy": 18.508208,
        "activity_lines": [
          26.807155,
          27.115584,
          27.022298,
          25.729718
        ]
      },
      {
        "date": "2025-02-07",
        "close": 28.167009,
        "volume": 31396268,
        "typical_volume": 93917637.5,
        "trend": 24.195983,
        "fair_value": 27.975439,
        "relative_strength": 7.896098,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.41448,
        "energy": 35.535624,
        "activity_lines": [
          27.441226,
          27.221032,
          27.210012,
          26.003749
        ]
      },
      {
        "date": "2025-02-14",
        "close": 29.136921,
        "volume": 72066091,
        "typical_volume": 92564707.4,
        "trend": 24.502792,
        "fair_value": 27.881735,
        "relative_strength": 9.728794,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.69186,
        "energy": 52.801982,
        "activity_lines": [
          28.171628,
          27.509306,
          27.445562,
          26.322519
        ]
      },
      {
        "date": "2025-02-21",
        "close": 27.078335,
        "volume": 81638926,
        "typical_volume": 94002318.95,
        "trend": 24.764404,
        "fair_value": 27.810387,
        "relative_strength": -0.153244,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.732928,
        "energy": 34.916614,
        "activity_lines": [
          27.940698,
          27.420592,
          27.45447,
          26.488683
        ]
      },
      {
        "date": "2025-02-28",
        "close": 25.237482,
        "volume": 58621798,
        "typical_volume": 88775525.85,
        "trend": 24.9442,
        "fair_value": 27.755367,
        "relative_strength": -3.392183,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 20.190875,
        "energy": 15.048736,
        "activity_lines": [
          27.049303,
          27.045044,
          27.283156,
          26.519204
        ]
      },
      {
        "date": "2025-03-07",
        "close": 27.434628,
        "volume": 63440791,
        "typical_volume": 85748263.4,
        "trend": 25.187338,
        "fair_value": 27.706198,
        "relative_strength": 2.76682,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.932223,
        "energy": 12.621346,
        "activity_lines": [
          27.053262,
          27.148693,
          27.312423,
          26.679877
        ]
      },
      {
        "date": "2025-03-14",
        "close": 28.008657,
        "volume": 45993213,
        "typical_volume": 77707845.35,
        "trend": 25.441692,
        "fair_value": 27.655595,
        "relative_strength": 3.581755,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.238091,
        "energy": 15.215268,
        "activity_lines": [
          27.252522,
          27.36157,
          27.380524,
          26.861898
        ]
      },
      {
        "date": "2025-03-21",
        "close": 26.266777,
        "volume": 35790375,
        "typical_volume": 71819916.65,
        "trend": 25.704294,
        "fair_value": 27.61023,
        "relative_strength": 0.00823,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.469152,
        "energy": 9.050192,
        "activity_lines": [
          26.881713,
          27.198719,
          27.275663,
          26.915129
        ]
      },
      {
        "date": "2025-03-28",
        "close": 27.503908,
        "volume": 41132573,
        "typical_volume": 66493681.45,
        "trend": 25.982401,
        "fair_value": 27.575601,
        "relative_strength": 5.463546,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.856206,
        "energy": 12.542343,
        "activity_lines": [
          27.114624,
          27.237947,
          27.279103,
          27.031233
        ]
      },
      {
        "date": "2025-04-04",
        "close": 28.087833,
        "volume": 33547107,
        "typical_volume": 61752412.65,
        "trend": 26.301086,
        "fair_value": 27.565734,
        "relative_strength": 10.014687,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.61086,
        "energy": 24.436427,
        "activity_lines": [
          27.513805,
          27.36283,
          27.338627,
          27.167067
        ]
      },
      {
        "date": "2025-04-11",
        "close": 27.523701,
        "volume": 63919176,
        "typical_volume": 60565842.15,
        "trend": 26.612183,
        "fair_value": 27.552126,
        "relative_strength": 13.309917,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 42.739082,
        "energy": 18.807662,
        "activity_lines": [
          27.534918,
          27.377765,
          27.340889,
          27.245946
        ]
      },
      {
        "date": "2025-04-18",
        "close": 28.107628,
        "volume": 44805698,
        "typical_volume": 57277586.5,
        "trend": 26.921961,
        "fair_value": 27.540765,
        "relative_strength": 15.990083,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.156178,
        "energy": 26.52204,
        "activity_lines": [
          27.744736,
          27.498329,
          27.397255,
          27.342426
        ]
      },
      {
        "date": "2025-04-25",
        "close": 25.385939,
        "volume": 42940035,
        "typical_volume": 55022487.0,
        "trend": 27.011034,
        "fair_value": 27.504534,
        "relative_strength": 3.190293,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -8.697284,
        "energy": 4.167167,
        "activity_lines": [
          27.040726,
          27.12512,
          27.196392,
          27.243328
        ]
      },
      {
        "date": "2025-05-02",
        "close": 22.495998,
        "volume": 74032839,
        "typical_volume": 51582359.5,
        "trend": 26.8926,
        "fair_value": 27.458448,
        "relative_strength": -8.308499,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -45.042188,
        "energy": 50.482644,
        "activity_lines": [
          25.432124,
          26.294668,
          26.737451,
          26.952035
        ]
      },
      {
        "date": "2025-05-09",
        "close": 23.030441,
        "volume": 54955495,
        "typical_volume": 50215806.15,
        "trend": 26.879734,
        "fair_value": 27.423459,
        "relative_strength": -8.239126,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -69.753999,
        "energy": 71.402153,
        "activity_lines": [
          24.335531,
          25.644701,
          26.363767,
          26.702864
        ]
      },
      {
        "date": "2025-05-16",
        "close": 23.960762,
        "volume": 64760843,
        "typical_volume": 50523799.3,
        "trend": 26.874785,
        "fair_value": 27.400359,
        "relative_strength": -4.8097,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.677445,
        "energy": 72.004549,
        "activity_lines": [
          23.886205,
          25.204012,
          26.110073,
          26.514543
        ]
      },
      {
        "date": "2025-05-23",
        "close": 22.436617,
        "volume": 64798433,
        "typical_volume": 51144770.2,
        "trend": 26.738536,
        "fair_value": 27.320899,
        "relative_strength": -10.198856,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.311613,
        "energy": 80.121361,
        "activity_lines": [
          23.166359,
          24.549367,
          25.729036,
          26.228209
        ]
      },
      {
        "date": "2025-05-30",
        "close": 22.129808,
        "volume": 63010353,
        "typical_volume": 51775813.6,
        "trend": 26.667277,
        "fair_value": 27.253318,
        "relative_strength": -10.465455,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.729053,
        "energy": 80.299343,
        "activity_lines": [
          22.722312,
          23.940249,
          25.329855,
          25.930872
        ]
      },
      {
        "date": "2025-06-06",
        "close": 22.06053,
        "volume": 38137248,
        "typical_volume": 51384817.8,
        "trend": 26.482532,
        "fair_value": 27.178369,
        "relative_strength": -11.863555,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.240059,
        "energy": 79.420647,
        "activity_lines": [
          22.472247,
          23.393752,
          24.93779,
          25.633663
        ]
      },
      {
        "date": "2025-06-13",
        "close": 21.832897,
        "volume": 66110492,
        "typical_volume": 52414881.2,
        "trend": 26.298777,
        "fair_value": 27.094415,
        "relative_strength": -12.084671,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.790601,
        "energy": 79.34491,
        "activity_lines": [
          22.175335,
          22.904838,
          24.544595,
          25.333686
        ]
      },
      {
        "date": "2025-06-20",
        "close": 20.922367,
        "volume": 74132946,
        "typical_volume": 55761535.0,
        "trend": 26.089289,
        "fair_value": 26.995705,
        "relative_strength": -14.666743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.181449,
        "energy": 79.9332,
        "activity_lines": [
          21.65475,
          22.364098,
          24.092535,
          24.986821
        ]
      },
      {
        "date": "2025-06-27",
        "close": 21.278662,
        "volume": 67583327,
        "typical_volume": 57570887.95,
        "trend": 25.847801,
        "fair_value": 26.916431,
        "relative_strength": -16.161874,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.86779,
        "energy": 74.265323,
        "activity_lines": [
          21.455489,
          22.008165,
          23.705702,
          24.676458
        ]
      },
      {
        "date": "2025-07-04",
        "close": 21.021338,
        "volume": 63911744,
        "typical_volume": 57163170.6,
        "trend": 25.58223,
        "fair_value": 26.825029,
        "relative_strength": -18.041775,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.759537,
        "energy": 71.608572,
        "activity_lines": [
          21.247651,
          21.729607,
          23.327163,
          24.365073
        ]
      },
      {
        "date": "2025-07-11",
        "close": 21.704235,
        "volume": 84444960,
        "typical_volume": 57303472.3,
        "trend": 25.315339,
        "fair_value": 26.741871,
        "relative_strength": -16.720087,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.587091,
        "energy": 67.877484,
        "activity_lines": [
          21.341343,
          21.65457,
          23.052308,
          24.11488
        ]
      },
      {
        "date": "2025-07-18",
        "close": 21.75,
        "volume": 105631385,
        "typical_volume": 59653951.65,
        "trend": 25.052944,
        "fair_value": 26.672043,
        "relative_strength": -18.050427,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.286987,
        "energy": 54.052579,
        "activity_lines": [
          21.474043,
          21.602249,
          22.807402,
          23.884858
        ]
      },
      {
        "date": "2025-07-25",
        "close": 22.540001,
        "volume": 110985272,
        "typical_volume": 62031175.7,
        "trend": 24.880882,
        "fair_value": 26.611332,
        "relative_strength": -16.863968,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.932046,
        "energy": 42.790606,
        "activity_lines": [
          21.875603,
          21.716845,
          22.654341,
          23.722733
        ]
      },
      {
        "date": "2025-08-01",
        "close": 22.0,
        "volume": 86549181,
        "typical_volume": 64058974.1,
        "trend": 24.788801,
        "fair_value": 26.553275,
        "relative_strength": -17.341865,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.09629,
        "energy": 37.057548,
        "activity_lines": [
          21.989321,
          21.759091,
          22.47316,
          23.53687
        ]
      },
      {
        "date": "2025-08-08",
        "close": 21.719999,
        "volume": 68226681,
        "typical_volume": 65680789.4,
        "trend": 24.679139,
        "fair_value": 26.508202,
        "relative_strength": -19.113431,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.171004,
        "energy": 35.452644,
        "activity_lines": [
          21.961616,
          21.758367,
          22.293925,
          23.338882
        ]
      },
      {
        "date": "2025-08-15",
        "close": 22.610001,
        "volume": 136270528,
        "typical_volume": 70437687.15,
        "trend": 24.553618,
        "fair_value": 26.459064,
        "relative_strength": -19.140558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.925218,
        "energy": 26.7802,
        "activity_lines": [
          22.184,
          21.926912,
          22.221102,
          23.20539
        ]
      },
      {
        "date": "2025-08-22",
        "close": 25.530001,
        "volume": 307177499,
        "typical_volume": 84119206.75,
        "trend": 24.481883,
        "fair_value": 26.426328,
        "relative_strength": -12.581512,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 15.407756,
        "energy": 21.670717,
        "activity_lines": [
          23.319334,
          22.616376,
          22.44968,
          23.268382
        ]
      },
      {
        "date": "2025-08-29",
        "close": 26.08,
        "volume": 177356494,
        "typical_volume": 89791072.65,
        "trend": 24.434749,
        "fair_value": 26.394487,
        "relative_strength": -14.261271,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": 24.951198,
        "energy": 38.330081,
        "activity_lines": [
          24.386,
          23.338619,
          22.742818,
          23.371486
        ]
      },
      {
        "date": "2025-09-05",
        "close": 27.33,
        "volume": 139789947,
        "typical_volume": 94540285.1,
        "trend": 24.406849,
        "fair_value": 26.369218,
        "relative_strength": -9.319748,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 48.149672,
        "energy": 61.279485,
        "activity_lines": [
          25.633334,
          24.19436,
          23.161879,
          23.558277
        ]
      },
      {
        "date": "2025-09-12",
        "close": 29.309999,
        "volume": 176744077,
        "typical_volume": 101230487.2,
        "trend": 24.412618,
        "fair_value": 26.37211,
        "relative_strength": -5.252037,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.405331,
        "energy": 79.536161,
        "activity_lines": [
          27.185333,
          25.300077,
          23.773214,
          23.874609
        ]
      },
      {
        "date": "2025-09-19",
        "close": 33.009998,
        "volume": 171770237,
        "typical_volume": 106117357.1,
        "trend": 24.61034,
        "fair_value": 26.408051,
        "relative_strength": 5.345231,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 68.551366,
        "energy": 88.438594,
        "activity_lines": [
          29.464666,
          26.927818,
          24.718244,
          24.429279
        ]
      },
      {
        "date": "2025-09-26",
        "close": 35.380001,
        "volume": 134477134,
        "typical_volume": 110093439.05,
        "trend": 24.948424,
        "fair_value": 26.459309,
        "relative_strength": 11.467391,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 95.47672,
        "energy": 98.007234,
        "activity_lines": [
          31.840666,
          28.780909,
          25.838922,
          25.124095
        ]
      },
      {
        "date": "2025-10-03",
        "close": 35.759998,
        "volume": 38151701,
        "typical_volume": 108762981.95,
        "trend": 25.225937,
        "fair_value": 26.519141,
        "relative_strength": 9.87066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.755159,
        "energy": 95.832199,
        "activity_lines": [
          33.686666,
          30.455272,
          26.936983,
          25.821616
        ]
      },
      {
        "date": "2025-10-10",
        "close": 31.66,
        "volume": 59059148,
        "typical_volume": 108476017.7,
        "trend": 25.347648,
        "fair_value": 26.558201,
        "relative_strength": -1.514136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.284237,
        "energy": 87.18703,
        "activity_lines": [
          33.520666,
          31.143818,
          27.588381,
          26.236717
        ]
      },
      {
        "date": "2025-10-17",
        "close": 29.459999,
        "volume": 97173914,
        "typical_volume": 110184195.75,
        "trend": 25.454089,
        "fair_value": 26.590549,
        "relative_strength": -3.539705,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.765355,
        "energy": 64.994182,
        "activity_lines": [
          32.332666,
          31.256727,
          27.986334,
          26.50203
        ]
      },
      {
        "date": "2025-10-24",
        "close": 28.879999,
        "volume": 80156243,
        "typical_volume": 112285145.5,
        "trend": 25.499958,
        "fair_value": 26.619555,
        "relative_strength": -9.475252,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.679209,
        "energy": 45.884143,
        "activity_lines": [
          30.941333,
          31.123454,
          28.294143,
          26.723057
        ]
      },
      {
        "date": "2025-10-31",
        "close": 29.379999,
        "volume": 90407211,
        "typical_volume": 113499981.45,
        "trend": 25.543031,
        "fair_value": 26.649448,
        "relative_strength": -8.429218,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.132383,
        "energy": 28.186368,
        "activity_lines": [
          29.991999,
          30.96709,
          28.617098,
          26.973382
        ]
      },
      {
        "date": "2025-11-07",
        "close": 27.299999,
        "volume": 120576745,
        "typical_volume": 115822171.4,
        "trend": 25.535574,
        "fair_value": 26.672834,
        "relative_strength": -14.778044,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.772615,
        "energy": 29.838501,
        "activity_lines": [
          28.749332,
          30.362545,
          28.706019,
          27.086735
        ]
      },
      {
        "date": "2025-11-14",
        "close": 26.76,
        "volume": 71050580,
        "typical_volume": 115995534.05,
        "trend": 25.490653,
        "fair_value": 26.710982,
        "relative_strength": -14.919792,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.868779,
        "energy": 26.072114,
        "activity_lines": [
          27.890666,
          29.637636,
          28.713141,
          27.16573
        ]
      },
      {
        "date": "2025-11-21",
        "close": 25.709999,
        "volume": 70217434,
        "typical_volume": 116310818.55,
        "trend": 25.501455,
        "fair_value": 26.723738,
        "relative_strength": -13.449477,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.919105,
        "energy": 21.421061,
        "activity_lines": [
          27.008666,
          28.732181,
          28.594162,
          27.179881
        ]
      },
      {
        "date": "2025-11-28",
        "close": 25.92,
        "volume": 80781315,
        "typical_volume": 116127636.3,
        "trend": 25.615588,
        "fair_value": 26.730575,
        "relative_strength": -15.264173,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.199838,
        "energy": 22.702407,
        "activity_lines": [
          26.446666,
          27.930363,
          28.472857,
          27.206884
        ]
      },
      {
        "date": "2025-12-05",
        "close": 23.99,
        "volume": 99641538,
        "typical_volume": 115828143.95,
        "trend": 25.647574,
        "fair_value": 26.716837,
        "relative_strength": -22.000886,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -33.785366,
        "energy": 37.265635,
        "activity_lines": [
          25.438666,
          26.906545,
          28.147666,
          27.102008
        ]
      },
      {
        "date": "2025-12-12",
        "close": 23.969999,
        "volume": 86724022,
        "typical_volume": 114615081.45,
        "trend": 25.647882,
        "fair_value": 26.716184,
        "relative_strength": -22.098077,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.539365,
        "energy": 53.089022,
        "activity_lines": [
          24.783333,
          26.086181,
          27.809904,
          26.993777
        ]
      },
      {
        "date": "2025-12-19",
        "close": 23.77,
        "volume": 69303351,
        "typical_volume": 113752789.95,
        "trend": 25.692328,
        "fair_value": 26.704041,
        "relative_strength": -21.419855,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.628898,
        "energy": 62.018876,
        "activity_lines": [
          24.283333,
          25.443818,
          27.446285,
          26.872623
        ]
      },
      {
        "date": "2025-12-26",
        "close": 23.98,
        "volume": 78694705,
        "typical_volume": 114276191.15,
        "trend": 25.754001,
        "fair_value": 26.691742,
        "relative_strength": -22.889153,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.425138,
        "energy": 63.603607,
        "activity_lines": [
          24.052666,
          24.983091,
          27.094238,
          26.762151
        ]
      },
      {
        "date": "2026-01-02",
        "close": 24.42,
        "volume": 69126864,
        "typical_volume": 110919007.95,
        "trend": 25.83265,
        "fair_value": 26.675812,
        "relative_strength": -20.550881,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.707189,
        "energy": 53.071709,
        "activity_lines": [
          24.084,
          24.702,
          26.773333,
          26.676086
        ]
      },
      {
        "date": "2026-01-09",
        "close": 26.34,
        "volume": 168260838,
        "typical_volume": 103973174.9,
        "trend": 25.982886,
        "fair_value": 26.653904,
        "relative_strength": -17.43569,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.452264,
        "energy": 27.458955,
        "activity_lines": [
          24.855333,
          24.851091,
          26.626666,
          26.708818
        ]
      },
      {
        "date": "2026-01-16",
        "close": 26.34,
        "volume": 300962387,
        "typical_volume": 110153469.55,
        "trend": 26.163474,
        "fair_value": 26.634752,
        "relative_strength": -17.8407,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.861114,
        "energy": 14.428279,
        "activity_lines": [
          25.47,
          25.055454,
          26.476142,
          26.731858
        ]
      },
      {
        "date": "2026-01-23",
        "close": 26.57,
        "volume": 121692826,
        "typical_volume": 109248613.5,
        "trend": 26.339852,
        "fair_value": 26.597222,
        "relative_strength": -17.432672,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -7.600838,
        "energy": 16.270446,
        "activity_lines": [
          26.003333,
          25.319091,
          26.346285,
          26.758085
        ]
      },
      {
        "date": "2026-01-30",
        "close": 25.469999,
        "volume": 137267014,
        "typical_volume": 107274760.35,
        "trend": 26.488141,
        "fair_value": 26.560782,
        "relative_strength": -18.908766,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.233518,
        "energy": 15.983169,
        "activity_lines": [
          25.983333,
          25.386182,
          26.115285,
          26.701966
        ]
      },
      {
        "date": "2026-02-06",
        "close": 25.93,
        "volume": 146986608,
        "typical_volume": 106035578.9,
        "trend": 26.629,
        "fair_value": 26.5261,
        "relative_strength": -15.078323,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -3.05836,
        "energy": 12.361481,
        "activity_lines": [
          26.017333,
          25.541273,
          25.946381,
          26.665957
        ]
      },
      {
        "date": "2026-02-13",
        "close": 26.25,
        "volume": 232477661,
        "typical_volume": 110935605.25,
        "trend": 26.779,
        "fair_value": 26.478628,
        "relative_strength": -14.574714,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -29.146208,
        "energy": 16.787693,
        "activity_lines": [
          26.057333,
          25.754363,
          25.841666,
          26.641505
        ]
      },
      {
        "date": "2026-02-27",
        "close": 24.379999,
        "volume": 92777795,
        "typical_volume": 113666909.95,
        "trend": 26.840333,
        "fair_value": 26.418543,
        "relative_strength": -22.285724,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -58.168896,
        "energy": 30.380754,
        "activity_lines": [
          25.48,
          25.586363,
          25.602333,
          26.486731
        ]
      },
      {
        "date": "2026-03-06",
        "close": 22.65,
        "volume": 97731653,
        "typical_volume": 115600535.2,
        "trend": 26.862,
        "fair_value": 26.352941,
        "relative_strength": -25.6421,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -71.61149,
        "energy": 52.478465,
        "activity_lines": [
          24.456666,
          25.096363,
          25.252428,
          26.216387
        ]
      },
      {
        "date": "2026-03-13",
        "close": 22.18,
        "volume": 73102788,
        "typical_volume": 114396978.9,
        "trend": 26.877333,
        "fair_value": 26.290652,
        "relative_strength": -27.099312,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.512785,
        "energy": 73.492905,
        "activity_lines": [
          23.538,
          24.541272,
          24.900666,
          25.914322
        ]
      },
      {
        "date": "2026-03-20",
        "close": 21.32,
        "volume": 61845962,
        "typical_volume": 113481464.85,
        "trend": 26.834333,
        "fair_value": 26.202496,
        "relative_strength": -27.16435,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.714877,
        "energy": 83.447641,
        "activity_lines": [
          22.552,
          23.862545,
          24.501666,
          25.555785
        ]
      },
      {
        "date": "2026-03-27",
        "close": 20.629999,
        "volume": 77088740,
        "typical_volume": 112815541.3,
        "trend": 26.671,
        "fair_value": 26.114866,
        "relative_strength": -28.353985,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.059043,
        "energy": 87.243826,
        "activity_lines": [
          21.643333,
          23.114727,
          24.072952,
          25.155505
        ]
      },
      {
        "date": "2026-04-03",
        "close": 20.280001,
        "volume": 49060460,
        "typical_volume": 109239727.05,
        "trend": 26.477666,
        "fair_value": 26.014971,
        "relative_strength": -26.696664,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.592623,
        "energy": 88.285,
        "activity_lines": [
          20.992667,
          22.407091,
          23.652571,
          24.743183
        ]
      },
      {
        "date": "2026-04-10",
        "close": 21.290001,
        "volume": 55524633,
        "typical_volume": 108463429.7,
        "trend": 26.276333,
        "fair_value": 25.912909,
        "relative_strength": -27.366503,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.3379,
        "energy": 78.972874,
        "activity_lines": [
          20.952,
          21.993273,
          23.361809,
          24.408494
        ]
      },
      {
        "date": "2026-04-17",
        "close": 21.049999,
        "volume": 64434338,
        "typical_volume": 108174274.9,
        "trend": 26.001,
        "fair_value": 25.814631,
        "relative_strength": -30.054782,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.633927,
        "energy": 69.178857,
        "activity_lines": [
          20.922,
          21.631818,
          23.074238,
          24.071312
        ]
      },
      {
        "date": "2026-04-24",
        "close": 20.620001,
        "volume": 68019766,
        "typical_volume": 107536197.45,
        "trend": 25.588,
        "fair_value": 25.705707,
        "relative_strength": -30.75163,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.742267,
        "energy": 63.054253,
        "activity_lines": [
          20.824,
          21.272546,
          22.767905,
          23.72415
        ]
      },
      {
        "date": "2026-05-01",
        "close": 19.440001,
        "volume": 81315682,
        "typical_volume": 106619904.65,
        "trend": 25.056666,
        "fair_value": 25.589969,
        "relative_strength": -34.634268,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.005412,
        "energy": 63.76796,
        "activity_lines": [
          20.379334,
          20.795273,
          22.374429,
          23.327505
        ]
      },
      {
        "date": "2026-05-08",
        "close": 20.219999,
        "volume": 50171751,
        "typical_volume": 104792291.1,
        "trend": 24.538666,
        "fair_value": 25.515178,
        "relative_strength": -33.371202,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.931173,
        "energy": 60.393568,
        "activity_lines": [
          20.274,
          20.583636,
          22.076905,
          23.015462
        ]
      },
      {
        "date": "2026-05-15",
        "close": 19.33,
        "volume": 76425724,
        "typical_volume": 105148409.75,
        "trend": 24.127666,
        "fair_value": 25.414392,
        "relative_strength": -35.638878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.713662,
        "energy": 69.617223,
        "activity_lines": [
          19.876,
          20.285818,
          21.712476,
          22.679419
        ]
      },
      {
        "date": "2026-05-22",
        "close": 18.190001,
        "volume": 74391073,
        "typical_volume": 104933228.15,
        "trend": 23.752,
        "fair_value": 25.307801,
        "relative_strength": -38.850549,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.153738,
        "energy": 88.897819,
        "activity_lines": [
          19.228667,
          19.841091,
          21.260619,
          22.296344
        ]
      },
      {
        "date": "2026-05-29",
        "close": 17.450001,
        "volume": 90579461,
        "typical_volume": 106005858.0,
        "trend": 23.371,
        "fair_value": 25.212248,
        "relative_strength": -40.599472,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.061431,
        "energy": 93.339985,
        "activity_lines": [
          18.525334,
          19.334364,
          20.765857,
          21.889764
        ]
      },
      {
        "date": "2026-06-05",
        "close": 16.368898,
        "volume": 12791518,
        "typical_volume": 98232392.0,
        "trend": 22.937297,
        "fair_value": 25.132309,
        "relative_strength": -42.668487,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -92.36628,
        "energy": 96.737618,
        "activity_lines": [
          17.672966,
          18.701436,
          20.201324,
          21.438015
        ]
      },
      {
        "date": "2026-06-12",
        "close": 15.671304,
        "volume": 21587300,
        "typical_volume": 84263637.65,
        "trend": 22.549673,
        "fair_value": 25.051907,
        "relative_strength": -43.16722,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.283646,
        "energy": 96.280106,
        "activity_lines": [
          16.792808,
          18.019148,
          19.617834,
          20.969241
        ]
      },
      {
        "date": "2026-06-19",
        "close": 15.268468,
        "volume": 59128127,
        "typical_volume": 81135402.7,
        "trend": 22.166622,
        "fair_value": 24.961532,
        "relative_strength": -47.656724,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.568666,
        "energy": 95.084451,
        "activity_lines": [
          16.081617,
          17.347411,
          19.046783,
          20.499486
        ]
      },
      {
        "date": "2026-06-26",
        "close": 14.099261,
        "volume": 21408759,
        "typical_volume": 75342489.95,
        "trend": 21.779598,
        "fair_value": 24.852453,
        "relative_strength": -50.274505,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -91.262313,
        "energy": 96.77549,
        "activity_lines": [
          15.251459,
          16.572574,
          18.418195,
          19.979011
        ]
      },
      {
        "date": "2026-07-03",
        "close": 14.767379,
        "volume": 15955459,
        "typical_volume": 68790932.5,
        "trend": 21.407844,
        "fair_value": 24.706388,
        "relative_strength": -46.671512,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.352138,
        "energy": 89.638226,
        "activity_lines": [
          14.916723,
          16.045589,
          17.907383,
          19.52661
        ]
      },
      {
        "date": "2026-07-10",
        "close": 15.35,
        "volume": 86188493,
        "typical_volume": 61476474.1,
        "trend": 21.119844,
        "fair_value": 24.570006,
        "relative_strength": -41.921566,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.419077,
        "energy": 73.944362,
        "activity_lines": [
          14.955036,
          15.730947,
          17.505215,
          19.135781
        ]
      },
      {
        "date": "2026-07-17",
        "close": 15.14,
        "volume": 117062179,
        "typical_volume": 62690693.3,
        "trend": 20.82551,
        "fair_value": 24.452819,
        "relative_strength": -36.473794,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.633779,
        "energy": 66.97518,
        "activity_lines": [
          14.991275,
          15.452487,
          17.134952,
          18.749985
        ]
      },
      {
        "date": "2026-07-24",
        "close": 14.6,
        "volume": 99266643,
        "typical_volume": 62767442.8,
        "trend": 20.519844,
        "fair_value": 24.337806,
        "relative_strength": -38.405538,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.643692,
        "energy": 66.892866,
        "activity_lines": [
          14.882935,
          15.168209,
          16.75726,
          18.348339
        ]
      },
      {
        "date": "2026-07-31",
        "close": 16.370001,
        "volume": 102524345,
        "typical_volume": 64238520.65,
        "trend": 20.266177,
        "fair_value": 24.224154,
        "relative_strength": -29.300572,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.286065,
        "energy": 54.308146,
        "activity_lines": [
          15.409159,
          15.291749,
          16.586473,
          18.080607
        ]
      },
      {
        "date": "2026-08-07",
        "close": 16.0,
        "volume": 123592679,
        "typical_volume": 67325856.5,
        "trend": 19.98551,
        "fair_value": 24.121457,
        "relative_strength": -33.773506,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.286222,
        "energy": 45.825366,
        "activity_lines": [
          15.660667,
          15.381107,
          16.408114,
          17.80537
        ]
      }
    ],
    "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."
    }
  }
}