{
  "ticker": {
    "uuid": "7e0eb05f-a32c-4a70-b625-a54924ee9d9e",
    "symbol": "JYOTICNC",
    "name": "Jyoti CNC Automation Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 66.967,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Emerging rotation",
    "architecture_gate": "mixed",
    "architecture_direction": 22.001,
    "architecture_energy": 30.813,
    "architecture_maturity": 8.121,
    "architecture_confidence": 61.346,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 38.6,
        "rotation_up": 61.69,
        "upward_expansion": 47.79,
        "deceleration": 23.74,
        "rotation_down": 16.71,
        "downward_expansion": 18.12
      },
      "activity_lines": [
        792.97332,
        778.658172,
        748.04785,
        749.984833
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 784.299988,
    "trend_reference": 764.043329,
    "distance_from_trend": 0.026512,
    "trend_direction": "Weakening",
    "fair_value": 957.983209,
    "distance_from_fair_value": -0.181301,
    "fair_value_direction": "Improving",
    "relative_strength": -5.333086,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.044061,
    "excess_performance": -0.000352,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.026512,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.082333,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.181301,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.038474,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.053331,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.094823,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.044061,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.767273,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 10322929,
      "relative_activity": 2.048814,
      "balance": 0.767273,
      "dry_up": 1.004621,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.076173,
      "annualized_volatility": 0.413344,
      "from_high_reference": -0.257221,
      "from_low_reference": 0.336116
    },
    "levels": {
      "trend_reference": 764.043329,
      "fair_value_reference": 957.983209,
      "structural_low": 587.0,
      "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": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-07-25",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": -0.122158,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-09-05",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": 0.106384,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-28",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": -0.207176,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-30",
        "end": "2026-07-17",
        "tenure": "Established",
        "return": -0.030818,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.013521,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2024-01-19",
        "close": 436.25,
        "volume": 44458244,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 444.149994,
        "volume": 5211461,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 586.099976,
        "volume": 13160959,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 597.549988,
        "volume": 3158828,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 630.299988,
        "volume": 6331773,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 605.599976,
        "volume": 2968279,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 616.099976,
        "volume": 1735857,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 639.549988,
        "volume": 1815230,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 600.5,
        "volume": 1918039,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 696.349976,
        "volume": 1244416,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 821.450012,
        "volume": 3064029,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 775.099976,
        "volume": 2009460,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 780.950012,
        "volume": 1695555,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 738.799988,
        "volume": 1981806,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 807.400024,
        "volume": 2587552,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 803.099976,
        "volume": 1597402,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 810.200012,
        "volume": 1204117,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 895.5,
        "volume": 2322642,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 885.0,
        "volume": 1346179,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 1008.599976,
        "volume": 2642781,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1063.150024,
        "volume": 2262243,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 1184.150024,
        "volume": 1903868,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1307.650024,
        "volume": 2382893,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1354.5,
        "volume": 1575928,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 1294.550049,
        "volume": 666202,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1210.75,
        "volume": 973671,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1146.349976,
        "volume": 3237268,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 1132.75,
        "volume": 1767892,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1148.650024,
        "volume": 6171928,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 1145.5,
        "volume": 1209979,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 1136.699951,
        "volume": 2482905,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 1264.099976,
        "volume": 3495011,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 1242.150024,
        "volume": 1395293,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1158.800049,
        "volume": 1065856,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 1185.300049,
        "volume": 702648,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1170.099976,
        "volume": 1117466,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1185.800049,
        "volume": 847240,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1135.599976,
        "volume": 561902,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1133.449951,
        "volume": 1119371,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1114.5,
        "volume": 583370,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 992.900024,
        "volume": 701772,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1078.400024,
        "volume": 379143,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1130.5,
        "volume": 734084,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 1114.699951,
        "volume": 952385,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 1231.150024,
        "volume": 2228189,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 1242.150024,
        "volume": 1314880,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 1340.25,
        "volume": 2979075,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 1258.150024,
        "volume": 1481428,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 1331.849976,
        "volume": 6913519,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 1368.599976,
        "volume": 1137710,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 1370.0,
        "volume": 2149842,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 1258.449951,
        "volume": 1704247,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 1236.650024,
        "volume": 1401732,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 1128.550049,
        "volume": 1501581,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 1075.800049,
        "volume": 2653730,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 1149.199951,
        "volume": 2114394,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 957.549988,
        "volume": 4048474,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 897.049988,
        "volume": 3122847,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 798.650024,
        "volume": 4670481,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 966.700012,
        "volume": 14888194,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1000.299988,
        "volume": 6176604,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1118.449951,
        "volume": 5581314,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1058.550049,
        "volume": 2276873,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1022.75,
        "volume": 857946,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1011.299988,
        "volume": 1768254,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1069.300049,
        "volume": 816105,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1081.699951,
        "volume": 1247918,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1102.199951,
        "volume": 676224,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1134.5,
        "volume": 2441618,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1258.800049,
        "volume": 1676095,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1238.400024,
        "volume": 863073,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1295.599976,
        "volume": 2320271,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1216.199951,
        "volume": 1604749,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1139.800049,
        "volume": 1213665,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1092.300049,
        "volume": 1357641,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1125.599976,
        "volume": 939559,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1035.900024,
        "volume": 20108835,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1015.200012,
        "volume": 1443239,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1020.700012,
        "volume": 1509938,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1038.0,
        "volume": 2660298,
        "typical_volume": 2877010.95,
        "trend": 1097.138336,
        "fair_value": 1036.198126,
        "relative_strength": -10.789836,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.790563,
        "energy": 46.033523,
        "activity_lines": [
          1034.386674,
          1076.212736,
          1107.299292,
          1093.349897
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1010.099976,
        "volume": 983260,
        "typical_volume": 2617343.75,
        "trend": 1085.141669,
        "fair_value": 1035.875926,
        "relative_strength": -12.034434,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.542135,
        "energy": 45.46762,
        "activity_lines": [
          1022.059998,
          1055.909094,
          1098.377623,
          1087.734519
        ]
      },
      {
        "date": "2025-08-08",
        "close": 954.400024,
        "volume": 1084090,
        "typical_volume": 2392482.55,
        "trend": 1075.006671,
        "fair_value": 1034.882318,
        "relative_strength": -15.924808,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.987534,
        "energy": 50.354596,
        "activity_lines": [
          998.866671,
          1029.629098,
          1084.104529,
          1079.299574
        ]
      },
      {
        "date": "2025-08-15",
        "close": 918.0,
        "volume": 1819799,
        "typical_volume": 2369628.85,
        "trend": 1064.385004,
        "fair_value": 1033.474097,
        "relative_strength": -19.711408,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.40131,
        "energy": 60.85496,
        "activity_lines": [
          968.973336,
          1002.934551,
          1067.145957,
          1069.170111
        ]
      },
      {
        "date": "2025-08-22",
        "close": 954.599976,
        "volume": 816707,
        "typical_volume": 2367566.9,
        "trend": 1058.586668,
        "fair_value": 1032.53512,
        "relative_strength": -16.880174,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.909535,
        "energy": 59.197138,
        "activity_lines": [
          957.759994,
          988.316363,
          1054.342383,
          1062.087206
        ]
      },
      {
        "date": "2025-08-29",
        "close": 911.200012,
        "volume": 665260,
        "typical_volume": 2312417.2,
        "trend": 1053.1,
        "fair_value": 1031.107648,
        "relative_strength": -18.816476,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -72.526719,
        "energy": 75.568323,
        "activity_lines": [
          936.486666,
          969.174546,
          1037.730003,
          1052.57839
        ]
      },
      {
        "date": "2025-09-05",
        "close": 896.75,
        "volume": 1135184,
        "typical_volume": 2328371.15,
        "trend": 1044.685002,
        "fair_value": 1029.545349,
        "relative_strength": -20.774135,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.146002,
        "energy": 79.648009,
        "activity_lines": [
          918.85,
          950.698182,
          1020.218098,
          1042.491293
        ]
      },
      {
        "date": "2025-09-12",
        "close": 900.150024,
        "volume": 666457,
        "typical_volume": 2299298.1,
        "trend": 1042.77167,
        "fair_value": 1028.058047,
        "relative_strength": -21.294188,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.639588,
        "energy": 79.865951,
        "activity_lines": [
          909.903341,
          937.000913,
          1003.851672,
          1033.166456
        ]
      },
      {
        "date": "2025-09-19",
        "close": 953.900024,
        "volume": 939465,
        "typical_volume": 2312460.15,
        "trend": 1044.666671,
        "fair_value": 1027.215342,
        "relative_strength": -17.026108,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.364645,
        "energy": 68.841662,
        "activity_lines": [
          922.490014,
          935.544553,
          993.468817,
          1027.432801
        ]
      },
      {
        "date": "2025-09-26",
        "close": 868.950012,
        "volume": 841224,
        "typical_volume": 2232440.45,
        "trend": 1047.010004,
        "fair_value": 1025.43708,
        "relative_strength": -22.022087,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.435899,
        "energy": 68.349471,
        "activity_lines": [
          904.366683,
          919.757282,
          975.701674,
          1016.096243
        ]
      },
      {
        "date": "2025-10-03",
        "close": 920.849976,
        "volume": 2437928,
        "typical_volume": 2270532.1,
        "trend": 1045.481669,
        "fair_value": 1024.275001,
        "relative_strength": -17.86607,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.785665,
        "energy": 49.135,
        "activity_lines": [
          909.253337,
          916.165458,
          964.141909,
          1007.956886
        ]
      },
      {
        "date": "2025-10-10",
        "close": 964.400024,
        "volume": 10413632,
        "typical_volume": 2748060.05,
        "trend": 1044.285004,
        "fair_value": 1023.617034,
        "relative_strength": -15.048734,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.591301,
        "energy": 33.954463,
        "activity_lines": [
          928.013342,
          922.621826,
          958.339054,
          1002.725812
        ]
      },
      {
        "date": "2025-10-17",
        "close": 922.900024,
        "volume": 2429776,
        "typical_volume": 2753535.3,
        "trend": 1037.766673,
        "fair_value": 1022.522284,
        "relative_strength": -19.739125,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.702543,
        "energy": 33.214827,
        "activity_lines": [
          928.430013,
          922.363647,
          949.88858,
          994.894523
        ]
      },
      {
        "date": "2025-10-24",
        "close": 905.650024,
        "volume": 518358,
        "typical_volume": 2699215.75,
        "trend": 1032.670005,
        "fair_value": 1021.265593,
        "relative_strength": -21.298316,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.586475,
        "energy": 30.165573,
        "activity_lines": [
          921.580017,
          919.541832,
          941.57001,
          986.370868
        ]
      },
      {
        "date": "2025-10-31",
        "close": 864.0,
        "volume": 1388435,
        "typical_volume": 2707954.25,
        "trend": 1027.378339,
        "fair_value": 1019.592555,
        "relative_strength": -24.352938,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.276115,
        "energy": 41.203658,
        "activity_lines": [
          904.063346,
          909.37183,
          930.76358,
          975.488932
        ]
      },
      {
        "date": "2025-11-07",
        "close": 886.150024,
        "volume": 5953205,
        "typical_volume": 2937732.45,
        "trend": 1023.206673,
        "fair_value": 1018.187897,
        "relative_strength": -21.303383,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.783789,
        "energy": 42.61193,
        "activity_lines": [
          894.260018,
          904.876378,
          923.38001,
          966.377428
        ]
      },
      {
        "date": "2025-11-14",
        "close": 955.349976,
        "volume": 8485469,
        "typical_volume": 3315027.95,
        "trend": 1019.408337,
        "fair_value": 1017.533335,
        "relative_strength": -16.14263,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.401391,
        "energy": 33.266956,
        "activity_lines": [
          909.83667,
          913.418189,
          923.568579,
          961.999577
        ]
      },
      {
        "date": "2025-11-21",
        "close": 992.150024,
        "volume": 3633871,
        "typical_volume": 2491279.75,
        "trend": 1016.42334,
        "fair_value": 1017.271651,
        "relative_strength": -12.928912,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.742988,
        "energy": 13.662113,
        "activity_lines": [
          938.283341,
          927.585465,
          928.072628,
          960.240976
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1010.25,
        "volume": 4607751,
        "typical_volume": 2649505.35,
        "trend": 1013.358341,
        "fair_value": 1017.200002,
        "relative_strength": -11.292321,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.580306,
        "energy": 13.286639,
        "activity_lines": [
          968.146671,
          943.370917,
          934.508818,
          959.842696
        ]
      },
      {
        "date": "2025-12-05",
        "close": 950.5,
        "volume": 1045514,
        "typical_volume": 2626284.15,
        "trend": 1007.225008,
        "fair_value": 1016.526265,
        "relative_strength": -15.815294,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.189263,
        "energy": 18.995751,
        "activity_lines": [
          971.120003,
          947.268188,
          935.278103,
          955.787319
        ]
      },
      {
        "date": "2025-12-12",
        "close": 957.700012,
        "volume": 7371824,
        "typical_volume": 2861860.45,
        "trend": 997.18834,
        "fair_value": 1015.938002,
        "relative_strength": -14.186375,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.512969,
        "energy": 16.209145,
        "activity_lines": [
          970.726672,
          950.991826,
          937.067389,
          952.592158
        ]
      },
      {
        "date": "2025-12-19",
        "close": 951.099976,
        "volume": 1733625,
        "typical_volume": 2899378.7,
        "trend": 987.611672,
        "fair_value": 1015.296041,
        "relative_strength": -13.745476,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.838901,
        "energy": 11.048867,
        "activity_lines": [
          963.36333,
          952.845456,
          938.610481,
          949.618715
        ]
      },
      {
        "date": "2025-12-26",
        "close": 983.299988,
        "volume": 735034,
        "typical_volume": 2881925.9,
        "trend": 977.201672,
        "fair_value": 1014.982355,
        "relative_strength": -10.284226,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.924976,
        "energy": 5.6524,
        "activity_lines": [
          967.016659,
          960.795452,
          943.501194,
          949.340542
        ]
      },
      {
        "date": "2026-01-02",
        "close": 993.950012,
        "volume": 1391700,
        "typical_volume": 2860520.95,
        "trend": 969.793341,
        "fair_value": 1014.778157,
        "relative_strength": -9.499543,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.382335,
        "energy": 12.809421,
        "activity_lines": [
          974.809998,
          969.583636,
          949.268576,
          950.42108
        ]
      },
      {
        "date": "2026-01-09",
        "close": 926.299988,
        "volume": 955394,
        "typical_volume": 2867455.3,
        "trend": 962.676672,
        "fair_value": 1013.927405,
        "relative_strength": -12.831315,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -1.607207,
        "energy": 3.752889,
        "activity_lines": [
          961.139994,
          964.466361,
          948.231431,
          947.615057
        ]
      },
      {
        "date": "2026-01-16",
        "close": 924.049988,
        "volume": 696411,
        "typical_volume": 2869012.85,
        "trend": 957.068337,
        "fair_value": 1013.07143,
        "relative_strength": -12.374499,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -5.827739,
        "energy": 4.352346,
        "activity_lines": [
          948.333325,
          957.807268,
          947.114763,
          945.123013
        ]
      },
      {
        "date": "2026-01-23",
        "close": 800.950012,
        "volume": 1833002,
        "typical_volume": 2903903.75,
        "trend": 946.246671,
        "fair_value": 1011.070285,
        "relative_strength": -21.468185,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -71.313822,
        "energy": 49.158639,
        "activity_lines": [
          896.736666,
          928.077271,
          934.213097,
          935.050863
        ]
      },
      {
        "date": "2026-01-30",
        "close": 806.349976,
        "volume": 1605345,
        "typical_volume": 2950848.15,
        "trend": 938.595003,
        "fair_value": 1009.157011,
        "relative_strength": -21.270535,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.067108,
        "energy": 67.759727,
        "activity_lines": [
          856.949992,
          902.136357,
          922.281903,
          926.02527
        ]
      },
      {
        "date": "2026-02-06",
        "close": 820.450012,
        "volume": 2530573,
        "typical_volume": 3030403.55,
        "trend": 932.103337,
        "fair_value": 1007.409724,
        "relative_strength": -20.419565,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.431764,
        "energy": 71.495983,
        "activity_lines": [
          833.659998,
          882.137269,
          912.140238,
          918.403012
        ]
      },
      {
        "date": "2026-02-13",
        "close": 827.599976,
        "volume": 4807097,
        "typical_volume": 3228697.2,
        "trend": 925.666669,
        "fair_value": 1005.760093,
        "relative_strength": -18.66317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.99186,
        "energy": 73.57266,
        "activity_lines": [
          824.319991,
          866.889084,
          903.314997,
          911.66086
        ]
      },
      {
        "date": "2026-02-20",
        "close": 837.25,
        "volume": 1124896,
        "typical_volume": 3163045.6,
        "trend": 918.975002,
        "fair_value": 1004.228183,
        "relative_strength": -17.775407,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.976793,
        "energy": 66.32128,
        "activity_lines": [
          824.77666,
          855.629994,
          895.605711,
          905.956559
        ]
      },
      {
        "date": "2026-02-27",
        "close": 820.450012,
        "volume": 1309943,
        "typical_volume": 2707861.15,
        "trend": 912.653337,
        "fair_value": 1002.572524,
        "relative_strength": -18.029883,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.646239,
        "energy": 49.269489,
        "activity_lines": [
          825.419999,
          843.506361,
          886.694522,
          899.600108
        ]
      },
      {
        "date": "2026-03-06",
        "close": 802.299988,
        "volume": 1164336,
        "typical_volume": 2644589.15,
        "trend": 907.583335,
        "fair_value": 1000.784376,
        "relative_strength": -17.052621,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.241814,
        "energy": 44.359943,
        "activity_lines": [
          818.71333,
          830.458178,
          876.740235,
          892.480537
        ]
      },
      {
        "date": "2026-03-13",
        "close": 715.950012,
        "volume": 1954462,
        "typical_volume": 2716394.35,
        "trend": 900.848336,
        "fair_value": 998.263718,
        "relative_strength": -21.300195,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.445743,
        "energy": 65.269505,
        "activity_lines": [
          783.493335,
          805.000908,
          859.136426,
          880.117097
        ]
      },
      {
        "date": "2026-03-20",
        "close": 739.950012,
        "volume": 14768718,
        "typical_volume": 3385408.5,
        "trend": 893.693337,
        "fair_value": 995.997808,
        "relative_strength": -17.894903,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.370618,
        "energy": 69.243008,
        "activity_lines": [
          763.240006,
          788.96182,
          844.721666,
          869.73656
        ]
      },
      {
        "date": "2026-03-27",
        "close": 751.900024,
        "volume": 2026840,
        "typical_volume": 3189090.25,
        "trend": 888.383337,
        "fair_value": 993.875219,
        "relative_strength": -14.985128,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.315304,
        "energy": 68.839027,
        "activity_lines": [
          752.813346,
          778.483642,
          832.035716,
          860.588604
        ]
      },
      {
        "date": "2026-04-03",
        "close": 773.599976,
        "volume": 959337,
        "typical_volume": 2812783.65,
        "trend": 884.278337,
        "fair_value": 991.976294,
        "relative_strength": -11.657108,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.054212,
        "energy": 61.896552,
        "activity_lines": [
          755.310002,
          775.08091,
          822.055713,
          853.183226
        ]
      },
      {
        "date": "2026-04-10",
        "close": 819.200012,
        "volume": 1869353,
        "typical_volume": 2724557.75,
        "trend": 881.580003,
        "fair_value": 990.499574,
        "relative_strength": -11.198729,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.622085,
        "energy": 38.656865,
        "activity_lines": [
          776.130005,
          780.466367,
          817.284048,
          848.984625
        ]
      },
      {
        "date": "2026-04-17",
        "close": 707.299988,
        "volume": 13600540,
        "typical_volume": 3174197.2,
        "trend": 873.360002,
        "fair_value": 988.099578,
        "relative_strength": -23.678323,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.266824,
        "energy": 42.500894,
        "activity_lines": [
          758.523332,
          765.272728,
          802.678809,
          837.740753
        ]
      },
      {
        "date": "2026-04-24",
        "close": 736.099976,
        "volume": 13101040,
        "typical_volume": 3776973.5,
        "trend": 868.931667,
        "fair_value": 985.981934,
        "relative_strength": -18.471498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.798245,
        "energy": 39.28553,
        "activity_lines": [
          751.093323,
          757.372724,
          792.259045,
          828.885267
        ]
      },
      {
        "date": "2026-05-01",
        "close": 749.950012,
        "volume": 3896702,
        "typical_volume": 3603217.4,
        "trend": 863.235002,
        "fair_value": 984.015001,
        "relative_strength": -16.68771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.529335,
        "energy": 37.132508,
        "activity_lines": [
          748.536662,
          753.654544,
          784.179284,
          821.209031
        ]
      },
      {
        "date": "2026-05-08",
        "close": 766.349976,
        "volume": 2384888,
        "typical_volume": 3635780.55,
        "trend": 856.633333,
        "fair_value": 982.216117,
        "relative_strength": -14.815373,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.890243,
        "energy": 39.052807,
        "activity_lines": [
          751.576656,
          754.505449,
          778.650711,
          814.958384
        ]
      },
      {
        "date": "2026-05-15",
        "close": 707.349976,
        "volume": 3203068,
        "typical_volume": 3759182.25,
        "trend": 849.448332,
        "fair_value": 979.963116,
        "relative_strength": -18.745853,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.4269,
        "energy": 42.947073,
        "activity_lines": [
          735.433317,
          745.612718,
          768.382852,
          805.3272
        ]
      },
      {
        "date": "2026-05-22",
        "close": 668.0,
        "volume": 4706775,
        "typical_volume": 3924936.0,
        "trend": 841.526664,
        "fair_value": 977.42683,
        "relative_strength": -22.635791,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.616616,
        "energy": 53.765837,
        "activity_lines": [
          713.629989,
          731.291809,
          755.681424,
          793.620856
        ]
      },
      {
        "date": "2026-05-29",
        "close": 596.0,
        "volume": 12767249,
        "typical_volume": 4515528.75,
        "trend": 832.593331,
        "fair_value": 974.350807,
        "relative_strength": -29.464162,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.386759,
        "energy": 76.081554,
        "activity_lines": [
          670.446659,
          704.75181,
          737.674995,
          777.780426
        ]
      },
      {
        "date": "2026-06-05",
        "close": 634.299988,
        "volume": 7789421,
        "typical_volume": 4870179.25,
        "trend": 824.19833,
        "fair_value": 971.630401,
        "relative_strength": -23.468056,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.479677,
        "energy": 76.707531,
        "activity_lines": [
          649.369991,
          687.792718,
          724.889042,
          764.987307
        ]
      },
      {
        "date": "2026-06-12",
        "close": 681.700012,
        "volume": 2844588,
        "typical_volume": 4920758.55,
        "trend": 815.076664,
        "fair_value": 969.329366,
        "relative_strength": -17.872766,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.979714,
        "energy": 71.079908,
        "activity_lines": [
          651.803333,
          681.589995,
          717.997139,
          755.793867
        ]
      },
      {
        "date": "2026-06-19",
        "close": 737.950012,
        "volume": 5625870,
        "typical_volume": 5121784.8,
        "trend": 806.603331,
        "fair_value": 967.507481,
        "relative_strength": -11.925407,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.167125,
        "energy": 45.397738,
        "activity_lines": [
          678.630005,
          687.285453,
          717.030236,
          750.817954
        ]
      },
      {
        "date": "2026-06-26",
        "close": 761.450012,
        "volume": 0,
        "typical_volume": 4995256.15,
        "trend": 798.309998,
        "fair_value": 965.897657,
        "relative_strength": -8.666061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.6215,
        "energy": 19.893777,
        "activity_lines": [
          711.250008,
          698.73091,
          718.627142,
          747.904837
        ]
      },
      {
        "date": "2026-07-03",
        "close": 770.349976,
        "volume": 1379531,
        "typical_volume": 4823877.85,
        "trend": 792.304997,
        "fair_value": 964.381784,
        "relative_strength": -7.959588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.997221,
        "energy": 20.913624,
        "activity_lines": [
          740.606665,
          710.809998,
          721.352616,
          746.100965
        ]
      },
      {
        "date": "2026-07-10",
        "close": 796.549988,
        "volume": 4367529,
        "typical_volume": 4986009.5,
        "trend": 786.933329,
        "fair_value": 963.09077,
        "relative_strength": -4.179187,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 7.38764,
        "energy": 25.471494,
        "activity_lines": [
          767.073328,
          727.029996,
          726.845948,
          746.374835
        ]
      },
      {
        "date": "2026-07-17",
        "close": 781.5,
        "volume": 4609149,
        "typical_volume": 5150969.8,
        "trend": 781.279997,
        "fair_value": 961.704581,
        "relative_strength": -6.020549,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 4.023526,
        "energy": 27.119415,
        "activity_lines": [
          777.706661,
          739.666361,
          731.099758,
          746.024298
        ]
      },
      {
        "date": "2026-07-24",
        "close": 795.049988,
        "volume": 2908217,
        "typical_volume": 5238163.85,
        "trend": 775.004997,
        "fair_value": 960.442046,
        "relative_strength": -1.64916,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.949366,
        "energy": 43.908008,
        "activity_lines": [
          786.203325,
          754.490905,
          736.829519,
          746.912684
        ]
      },
      {
        "date": "2026-07-31",
        "close": 807.099976,
        "volume": 2406793,
        "typical_volume": 5260780.4,
        "trend": 768.776662,
        "fair_value": 959.289098,
        "relative_strength": -2.238186,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 32.131695,
        "energy": 51.960325,
        "activity_lines": [
          794.909986,
          769.91181,
          743.741422,
          748.983328
        ]
      },
      {
        "date": "2026-08-07",
        "close": 784.299988,
        "volume": 10322929,
        "typical_volume": 5038490.95,
        "trend": 764.043329,
        "fair_value": 957.983209,
        "relative_strength": -5.333086,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 22.00073,
        "energy": 30.813381,
        "activity_lines": [
          792.97332,
          778.658172,
          748.04785,
          749.984833
        ]
      }
    ],
    "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."
    }
  }
}