{
  "ticker": {
    "uuid": "87de848f-6009-48d2-8a34-f90a92538198",
    "symbol": "CELLO",
    "name": "Cello World 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": "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": -62.226,
    "architecture_energy": 49.809,
    "architecture_maturity": 87.119,
    "architecture_confidence": 86.424,
    "architecture_tenure": "Extended",
    "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": 11.71,
        "rotation_up": 21.26,
        "upward_expansion": 6.93,
        "deceleration": 57.43,
        "rotation_down": 60.19,
        "downward_expansion": 82.6
      },
      "activity_lines": [
        357.387038,
        362.707157,
        375.545397,
        388.645534
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 373.149994,
    "trend_reference": 412.445466,
    "distance_from_trend": -0.095274,
    "trend_direction": "Weakening",
    "fair_value": 662.768271,
    "distance_from_fair_value": -0.436983,
    "fair_value_direction": "Weakening",
    "relative_strength": -22.123969,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.260063,
    "excess_performance": -0.216354,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.095274,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.142659,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.436983,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.049477,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.22124,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.029965,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.260063,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.334588,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 39494468,
      "relative_activity": 12.661305,
      "balance": 5.334588,
      "dry_up": 3.471017,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.06589,
      "annualized_volatility": 0.322542,
      "from_high_reference": -0.446201,
      "from_low_reference": 0.113494
    },
    "levels": {
      "trend_reference": 412.445466,
      "fair_value_reference": 662.768271,
      "structural_low": 335.116308,
      "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": 9,
        "median_return": -0.045101,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.035439,
        "regime_survival": 0.888889,
        "best_return": 0.019129,
        "worst_return": -0.11487,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": -0.114061,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.098533,
        "regime_survival": 0.666667,
        "best_return": -0.042486,
        "worst_return": -0.272374,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.129334,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.108989,
        "regime_survival": 0.5,
        "best_return": 0.04462,
        "worst_return": -0.303288,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.336882,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.281873,
        "regime_survival": 1.0,
        "best_return": -0.336882,
        "worst_return": -0.336882,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-16",
        "end": "2025-05-30",
        "tenure": "New",
        "return": 0.026408,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-06",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.024145,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-18",
        "end": "2025-08-01",
        "tenure": "New",
        "return": -0.044454,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-08",
        "end": "2025-08-15",
        "tenure": "New",
        "return": -0.070208,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-08-22",
        "end": "2025-09-12",
        "tenure": "New",
        "return": 0.155856,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-19",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": 0.070214,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-07",
        "end": "2025-11-28",
        "tenure": "New",
        "return": -0.061861,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-05",
        "end": "2025-12-19",
        "tenure": "New",
        "return": -0.016997,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-26",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.310004,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-11-10",
        "close": 786.344727,
        "volume": 24831979,
        "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": "2023-11-17",
        "close": 781.962952,
        "volume": 2457573,
        "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": "2023-11-24",
        "close": 777.879761,
        "volume": 1990198,
        "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": "2023-12-01",
        "close": 792.369873,
        "volume": 4971495,
        "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": "2023-12-08",
        "close": 810.046692,
        "volume": 3126877,
        "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": "2023-12-15",
        "close": 788.187195,
        "volume": 1684587,
        "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": "2023-12-22",
        "close": 766.02887,
        "volume": 1159375,
        "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": "2023-12-29",
        "close": 783.904907,
        "volume": 1059589,
        "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": "2024-01-05",
        "close": 853.715881,
        "volume": 4565587,
        "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": "2024-01-12",
        "close": 896.837341,
        "volume": 2555081,
        "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": "2024-01-19",
        "close": 863.824097,
        "volume": 585914,
        "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": 835.391663,
        "volume": 598534,
        "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": 858.247131,
        "volume": 3529350,
        "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": 841.068237,
        "volume": 1658303,
        "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": 828.470459,
        "volume": 1819658,
        "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": 834.246521,
        "volume": 2881178,
        "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": 823.640381,
        "volume": 3067159,
        "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": 801.183411,
        "volume": 1025214,
        "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": 745.862427,
        "volume": 2250835,
        "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": 782.759644,
        "volume": 2192949,
        "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": 770.809143,
        "volume": 697909,
        "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": 818.561462,
        "volume": 749356,
        "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": 830.561768,
        "volume": 716249,
        "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": 849.333984,
        "volume": 1260626,
        "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": 926.962708,
        "volume": 3809799,
        "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": 907.144775,
        "volume": 932354,
        "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": 868.604309,
        "volume": 1017375,
        "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": 939.012817,
        "volume": 980761,
        "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": 915.60968,
        "volume": 967205,
        "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": 843.259155,
        "volume": 1474207,
        "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": 842.910583,
        "volume": 1366505,
        "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": 870.596008,
        "volume": 1062267,
        "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": 905.053345,
        "volume": 3767591,
        "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": 876.820251,
        "volume": 552413,
        "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": 965.403564,
        "volume": 3614407,
        "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": 975.3125,
        "volume": 891468,
        "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": 936.672485,
        "volume": 1011671,
        "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": 962.316284,
        "volume": 577829,
        "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": 948.851318,
        "volume": 834361,
        "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": 918.228699,
        "volume": 393714,
        "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": 877.282227,
        "volume": 2285481,
        "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": 909.550598,
        "volume": 661902,
        "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": 900.972351,
        "volume": 547653,
        "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": 893.690735,
        "volume": 373420,
        "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": 913.690186,
        "volume": 563695,
        "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": 873.441956,
        "volume": 639478,
        "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": 878.32959,
        "volume": 613513,
        "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": 890.49884,
        "volume": 578682,
        "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": 883.26709,
        "volume": 352030,
        "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": 867.506958,
        "volume": 249985,
        "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": 823.169006,
        "volume": 512802,
        "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": 831.847107,
        "volume": 484257,
        "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": 859.028381,
        "volume": 326611,
        "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": 804.765503,
        "volume": 432599,
        "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": 742.872009,
        "volume": 747413,
        "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": 788.157532,
        "volume": 1358342,
        "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": 837.333252,
        "volume": 709174,
        "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": 828.056702,
        "volume": 1121275,
        "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": 773.694092,
        "volume": 828064,
        "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": 753.295654,
        "volume": 483842,
        "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": 767.958618,
        "volume": 529437,
        "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": 706.563782,
        "volume": 782588,
        "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": 672.00116,
        "volume": 1354952,
        "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": 643.273804,
        "volume": 803738,
        "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": 651.253662,
        "volume": 886259,
        "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": 642.924683,
        "volume": 1633182,
        "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": 610.606384,
        "volume": 550485,
        "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": 597.539429,
        "volume": 755813,
        "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": 552.503296,
        "volume": 759660,
        "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": 548.962219,
        "volume": 1562881,
        "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": 536.194458,
        "volume": 785381,
        "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": 576.442749,
        "volume": 2789422,
        "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": 544.872559,
        "volume": 2366687,
        "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": 531.157227,
        "volume": 544720,
        "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": 522.429321,
        "volume": 2363445,
        "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": 589.459839,
        "volume": 1557826,
        "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": 561.630188,
        "volume": 819640,
        "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": 540.134521,
        "volume": 346190,
        "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": 533.002563,
        "volume": 748646,
        "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": 598.686523,
        "volume": 727751,
        "typical_volume": 1133435.15,
        "trend": 665.660541,
        "fair_value": 787.275547,
        "relative_strength": -24.837653,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.248679,
        "energy": 31.525561,
        "activity_lines": [
          563.904443,
          556.97469,
          568.449622,
          607.223002
        ]
      },
      {
        "date": "2025-05-23",
        "close": 612.750977,
        "volume": 943124,
        "typical_volume": 1154119.5,
        "trend": 658.646606,
        "fair_value": 785.120923,
        "relative_strength": -21.837067,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.042048,
        "energy": 17.814767,
        "activity_lines": [
          579.960526,
          567.765596,
          570.008777,
          603.809482
        ]
      },
      {
        "date": "2025-05-30",
        "close": 614.496521,
        "volume": 1055565,
        "typical_volume": 1167768.35,
        "trend": 651.401587,
        "fair_value": 783.040137,
        "relative_strength": -20.680637,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -8.039061,
        "energy": 14.974683,
        "activity_lines": [
          595.045715,
          577.481937,
          572.473259,
          600.961089
        ]
      },
      {
        "date": "2025-06-06",
        "close": 609.359558,
        "volume": 623138,
        "typical_volume": 1131177.65,
        "trend": 643.079293,
        "fair_value": 780.9476,
        "relative_strength": -21.567987,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.613514,
        "energy": 20.541937,
        "activity_lines": [
          604.894161,
          585.572398,
          574.886921,
          598.2487
        ]
      },
      {
        "date": "2025-06-13",
        "close": 598.935913,
        "volume": 419420,
        "typical_volume": 1111961.75,
        "trend": 636.218307,
        "fair_value": 778.780794,
        "relative_strength": -21.396396,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.230912,
        "energy": 18.706433,
        "activity_lines": [
          606.653056,
          590.595159,
          576.606149,
          595.40074
        ]
      },
      {
        "date": "2025-06-20",
        "close": 569.809509,
        "volume": 700939,
        "typical_volume": 1102695.75,
        "trend": 630.449556,
        "fair_value": 776.322309,
        "relative_strength": -25.657847,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.951021,
        "energy": 13.028626,
        "activity_lines": [
          594.307593,
          589.089871,
          575.762566,
          591.116302
        ]
      },
      {
        "date": "2025-06-27",
        "close": 600.132874,
        "volume": 1004829,
        "typical_volume": 1071278.1,
        "trend": 624.182068,
        "fair_value": 774.273594,
        "relative_strength": -22.667406,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.297022,
        "energy": 6.633718,
        "activity_lines": [
          593.995052,
          592.236465,
          578.194752,
          589.160387
        ]
      },
      {
        "date": "2025-07-04",
        "close": 639.782654,
        "volume": 1469801,
        "typical_volume": 1117243.9,
        "trend": 617.597048,
        "fair_value": 772.727721,
        "relative_strength": -16.210534,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 9.101374,
        "energy": 10.980648,
        "activity_lines": [
          607.740312,
          602.398054,
          584.606877,
          590.166876
        ]
      },
      {
        "date": "2025-07-11",
        "close": 624.072388,
        "volume": 517265,
        "typical_volume": 1105316.5,
        "trend": 610.797571,
        "fair_value": 771.038456,
        "relative_strength": -16.453728,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.223611,
        "energy": 17.070147,
        "activity_lines": [
          614.563074,
          608.282277,
          589.383853,
          590.58464
        ]
      },
      {
        "date": "2025-07-18",
        "close": 619.384216,
        "volume": 557078,
        "typical_volume": 1095187.4,
        "trend": 605.653908,
        "fair_value": 769.334476,
        "relative_strength": -15.749061,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.185603,
        "energy": 36.227489,
        "activity_lines": [
          618.842257,
          611.787962,
          593.587989,
          591.138617
        ]
      },
      {
        "date": "2025-07-25",
        "close": 593.848694,
        "volume": 422077,
        "typical_volume": 1038147.2,
        "trend": 600.33901,
        "fair_value": 767.384634,
        "relative_strength": -18.000427,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.753675,
        "energy": 30.810854,
        "activity_lines": [
          613.246379,
          609.080249,
          595.041689,
          590.37699
        ]
      },
      {
        "date": "2025-08-01",
        "close": 591.849976,
        "volume": 546552,
        "typical_volume": 1026205.75,
        "trend": 594.468722,
        "fair_value": 765.455682,
        "relative_strength": -16.586293,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 11.759937,
        "energy": 9.882457,
        "activity_lines": [
          605.381649,
          606.097094,
          596.09129,
          589.829311
        ]
      },
      {
        "date": "2025-08-08",
        "close": 570.450012,
        "volume": 303268,
        "typical_volume": 901898.05,
        "trend": 589.931596,
        "fair_value": 763.336055,
        "relative_strength": -18.158112,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.822986,
        "energy": 11.16045,
        "activity_lines": [
          590.935791,
          599.603054,
          594.837774,
          588.279717
        ]
      },
      {
        "date": "2025-08-15",
        "close": 530.400024,
        "volume": 813307,
        "typical_volume": 824229.05,
        "trend": 585.211558,
        "fair_value": 760.831366,
        "relative_strength": -24.005929,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -41.139327,
        "energy": 34.887678,
        "activity_lines": [
          567.762113,
          586.628044,
          589.798509,
          584.43897
        ]
      },
      {
        "date": "2025-08-22",
        "close": 539.599976,
        "volume": 1342443,
        "typical_volume": 864115.2,
        "trend": 581.755764,
        "fair_value": 758.477841,
        "relative_strength": -22.645567,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.339839,
        "energy": 50.456763,
        "activity_lines": [
          553.899911,
          576.76138,
          585.704347,
          581.496287
        ]
      },
      {
        "date": "2025-08-29",
        "close": 539.450012,
        "volume": 847544,
        "typical_volume": 788320.15,
        "trend": 578.028975,
        "fair_value": 756.172285,
        "relative_strength": -20.521719,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.320867,
        "energy": 55.75209,
        "activity_lines": [
          545.306669,
          567.946286,
          581.5557,
          578.766884
        ]
      },
      {
        "date": "2025-09-05",
        "close": 604.0,
        "volume": 2192637,
        "typical_volume": 820060.7,
        "trend": 576.731486,
        "fair_value": 754.587157,
        "relative_strength": -11.433569,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -4.908601,
        "energy": 30.333532,
        "activity_lines": [
          561.856669,
          571.419543,
          583.473619,
          580.442434
        ]
      },
      {
        "date": "2025-09-12",
        "close": 623.700012,
        "volume": 1562866,
        "typical_volume": 857222.0,
        "trend": 577.16794,
        "fair_value": 753.237805,
        "relative_strength": -9.193728,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 42.393627,
        "energy": 17.802017,
        "activity_lines": [
          584.163338,
          578.40431,
          587.198491,
          583.472661
        ]
      },
      {
        "date": "2025-09-19",
        "close": 611.700012,
        "volume": 754077,
        "typical_volume": 877616.35,
        "trend": 577.63996,
        "fair_value": 751.793542,
        "relative_strength": -11.082648,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 42.381903,
        "energy": 29.8635,
        "activity_lines": [
          598.920007,
          583.49967,
          589.484935,
          585.700537
        ]
      },
      {
        "date": "2025-09-26",
        "close": 566.5,
        "volume": 620584,
        "typical_volume": 871213.25,
        "trend": 578.106516,
        "fair_value": 749.92189,
        "relative_strength": -14.769263,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 24.872025,
        "energy": 24.807693,
        "activity_lines": [
          593.190006,
          580.601799,
          587.125829,
          584.98183
        ]
      },
      {
        "date": "2025-10-03",
        "close": 596.700012,
        "volume": 631985,
        "typical_volume": 866424.95,
        "trend": 579.697776,
        "fair_value": 748.389671,
        "relative_strength": -10.34574,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 37.233068,
        "energy": 27.012687,
        "activity_lines": [
          595.733341,
          584.15637,
          587.483402,
          586.18141
        ]
      },
      {
        "date": "2025-10-10",
        "close": 600.099976,
        "volume": 774697,
        "typical_volume": 858003.6,
        "trend": 581.82796,
        "fair_value": 746.921456,
        "relative_strength": -10.479467,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 48.97849,
        "energy": 24.532954,
        "activity_lines": [
          595.593331,
          588.277274,
          588.174241,
          587.497681
        ]
      },
      {
        "date": "2025-10-17",
        "close": 600.849976,
        "volume": 839335,
        "typical_volume": 847192.1,
        "trend": 582.641534,
        "fair_value": 745.489383,
        "relative_strength": -11.103794,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 48.022033,
        "energy": 20.314967,
        "activity_lines": [
          595.963322,
          592.384542,
          588.996751,
          588.724908
        ]
      },
      {
        "date": "2025-10-24",
        "close": 630.700012,
        "volume": 1242775,
        "typical_volume": 878173.95,
        "trend": 585.50245,
        "fair_value": 744.374923,
        "relative_strength": -6.338859,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 65.234539,
        "energy": 39.891372,
        "activity_lines": [
          607.806661,
          601.366362,
          592.727106,
          591.825455
        ]
      },
      {
        "date": "2025-10-31",
        "close": 654.650024,
        "volume": 4169476,
        "typical_volume": 1065676.75,
        "trend": 589.618876,
        "fair_value": 743.512184,
        "relative_strength": -1.871746,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 72.108417,
        "energy": 60.213097,
        "activity_lines": [
          626.366671,
          612.879094,
          598.636793,
          596.286589
        ]
      },
      {
        "date": "2025-11-07",
        "close": 635.299988,
        "volume": 1516883,
        "typical_volume": 1106473.95,
        "trend": 593.381232,
        "fair_value": 742.481591,
        "relative_strength": -3.14885,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.075783,
        "energy": 61.221963,
        "activity_lines": [
          632.6,
          618.781818,
          602.438314,
          599.233757
        ]
      },
      {
        "date": "2025-11-14",
        "close": 625.400024,
        "volume": 2065501,
        "typical_volume": 1159507.55,
        "trend": 594.579238,
        "fair_value": 741.377048,
        "relative_strength": -5.484661,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.390314,
        "energy": 58.163,
        "activity_lines": [
          632.96001,
          621.141822,
          604.985121,
          601.299486
        ]
      },
      {
        "date": "2025-11-21",
        "close": 598.900024,
        "volume": 571409,
        "typical_volume": 1114587.95,
        "trend": 595.821566,
        "fair_value": 740.045487,
        "relative_strength": -9.486483,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.541183,
        "energy": 33.521199,
        "activity_lines": [
          622.800016,
          618.294553,
          604.8878,
          601.578246
        ]
      },
      {
        "date": "2025-11-28",
        "close": 596.0,
        "volume": 521525,
        "typical_volume": 1114800.95,
        "trend": 597.683748,
        "fair_value": 738.711733,
        "relative_strength": -9.709827,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 29.394479,
        "energy": 13.253577,
        "activity_lines": [
          611.803345,
          615.370916,
          604.708965,
          601.589758
        ]
      },
      {
        "date": "2025-12-05",
        "close": 561.849976,
        "volume": 391263,
        "typical_volume": 1106510.2,
        "trend": 598.645329,
        "fair_value": 737.089148,
        "relative_strength": -14.010823,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.692433,
        "energy": 17.731536,
        "activity_lines": [
          591.736666,
          606.523638,
          601.411425,
          599.277902
        ]
      },
      {
        "date": "2025-12-12",
        "close": 570.900024,
        "volume": 1007108,
        "typical_volume": 1135761.75,
        "trend": 597.719112,
        "fair_value": 735.578338,
        "relative_strength": -11.371295,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.880115,
        "energy": 24.57435,
        "activity_lines": [
          580.87334,
          599.40637,
          599.249766,
          597.487882
        ]
      },
      {
        "date": "2025-12-19",
        "close": 552.299988,
        "volume": 442133,
        "typical_volume": 1130540.8,
        "trend": 595.704079,
        "fair_value": 733.927181,
        "relative_strength": -13.214666,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.526324,
        "energy": 47.728794,
        "activity_lines": [
          568.103333,
          589.376367,
          595.425955,
          594.557616
        ]
      },
      {
        "date": "2025-12-26",
        "close": 540.799988,
        "volume": 221042,
        "typical_volume": 1126429.5,
        "trend": 593.247528,
        "fair_value": 732.202831,
        "relative_strength": -14.540678,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.310664,
        "energy": 67.818522,
        "activity_lines": [
          556.373328,
          578.124546,
          590.69524,
          591.015417
        ]
      },
      {
        "date": "2026-01-02",
        "close": 547.25,
        "volume": 235732,
        "typical_volume": 1097550.75,
        "trend": 591.177209,
        "fair_value": 730.566081,
        "relative_strength": -13.696217,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.92454,
        "energy": 66.478711,
        "activity_lines": [
          550.666663,
          569.137273,
          586.720001,
          588.047834
        ]
      },
      {
        "date": "2026-01-09",
        "close": 511.299988,
        "volume": 592223,
        "typical_volume": 1060039.75,
        "trend": 588.256012,
        "fair_value": 728.642694,
        "relative_strength": -16.658011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.404055,
        "energy": 76.262994,
        "activity_lines": [
          536.22666,
          555.130906,
          579.240714,
          582.894465
        ]
      },
      {
        "date": "2026-01-16",
        "close": 507.049988,
        "volume": 434189,
        "typical_volume": 1039372.0,
        "trend": 586.164028,
        "fair_value": 726.715801,
        "relative_strength": -16.767975,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.302681,
        "energy": 77.820959,
        "activity_lines": [
          523.73999,
          542.958177,
          571.491427,
          577.655367
        ]
      },
      {
        "date": "2026-01-23",
        "close": 501.0,
        "volume": 373753,
        "typical_volume": 948427.8,
        "trend": 582.859599,
        "fair_value": 724.769975,
        "relative_strength": -15.10018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.239375,
        "energy": 80.173806,
        "activity_lines": [
          513.493327,
          532.017267,
          563.320237,
          572.160913
        ]
      },
      {
        "date": "2026-01-30",
        "close": 498.850006,
        "volume": 332644,
        "typical_volume": 886916.7,
        "trend": 578.161844,
        "fair_value": 722.839035,
        "relative_strength": -15.822789,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.937256,
        "energy": 82.601666,
        "activity_lines": [
          505.949998,
          522.947269,
          555.434761,
          566.74094
        ]
      },
      {
        "date": "2026-02-06",
        "close": 504.299988,
        "volume": 465072,
        "typical_volume": 872466.45,
        "trend": 574.169431,
        "fair_value": 720.987009,
        "relative_strength": -15.607405,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.746282,
        "energy": 76.446701,
        "activity_lines": [
          503.019995,
          516.687268,
          548.662855,
          561.975659
        ]
      },
      {
        "date": "2026-02-13",
        "close": 507.700012,
        "volume": 327120,
        "typical_volume": 857793.25,
        "trend": 570.446624,
        "fair_value": 719.194681,
        "relative_strength": -13.81864,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.067394,
        "energy": 73.071207,
        "activity_lines": [
          504.086668,
          512.712725,
          542.72619,
          557.687309
        ]
      },
      {
        "date": "2026-02-20",
        "close": 443.450012,
        "volume": 1597022,
        "typical_volume": 906045.1,
        "trend": 565.433334,
        "fair_value": 716.896809,
        "relative_strength": -24.462647,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.547509,
        "energy": 86.131714,
        "activity_lines": [
          483.976672,
          498.04091,
          530.950477,
          549.493979
        ]
      },
      {
        "date": "2026-02-27",
        "close": 416.100006,
        "volume": 1221979,
        "typical_volume": 928409.2,
        "trend": 559.575002,
        "fair_value": 714.410885,
        "relative_strength": -27.503351,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -89.479001,
        "energy": 91.271143,
        "activity_lines": [
          458.990006,
          480.713639,
          517.299763,
          539.859571
        ]
      },
      {
        "date": "2026-03-06",
        "close": 406.600006,
        "volume": 855785,
        "typical_volume": 929231.7,
        "trend": 554.113335,
        "fair_value": 711.887845,
        "relative_strength": -26.570943,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.90259,
        "energy": 93.603832,
        "activity_lines": [
          436.496673,
          464.135458,
          503.620478,
          529.990216
        ]
      },
      {
        "date": "2026-03-13",
        "close": 415.0,
        "volume": 1189313,
        "typical_volume": 926558.6,
        "trend": 550.266668,
        "fair_value": 709.474123,
        "relative_strength": -20.441311,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.023727,
        "energy": 89.797849,
        "activity_lines": [
          422.953339,
          451.524549,
          491.666192,
          521.015162
        ]
      },
      {
        "date": "2026-03-20",
        "close": 423.450012,
        "volume": 1982748,
        "typical_volume": 817222.2,
        "trend": 546.395002,
        "fair_value": 707.167477,
        "relative_strength": -18.248582,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.75564,
        "energy": 86.329818,
        "activity_lines": [
          418.180007,
          442.854551,
          481.543812,
          512.833443
        ]
      },
      {
        "date": "2026-03-27",
        "close": 393.5,
        "volume": 2799593,
        "typical_volume": 881357.7,
        "trend": 541.530002,
        "fair_value": 704.658137,
        "relative_strength": -22.655844,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.479079,
        "energy": 82.709137,
        "activity_lines": [
          409.040004,
          430.336369,
          469.670002,
          502.969249
        ]
      },
      {
        "date": "2026-04-03",
        "close": 404.549988,
        "volume": 635000,
        "typical_volume": 809832.65,
        "trend": 534.881668,
        "fair_value": 702.276326,
        "relative_strength": -19.738699,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.598961,
        "energy": 65.853416,
        "activity_lines": [
          406.913332,
          421.89182,
          460.000001,
          494.131829
        ]
      },
      {
        "date": "2026-04-10",
        "close": 423.049988,
        "volume": 4921083,
        "typical_volume": 1027316.35,
        "trend": 528.193334,
        "fair_value": 700.077694,
        "relative_strength": -20.370588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.403705,
        "energy": 62.199915,
        "activity_lines": [
          411.723328,
          418.564545,
          453.143571,
          486.916882
        ]
      },
      {
        "date": "2026-04-17",
        "close": 431.549988,
        "volume": 1304950,
        "typical_volume": 1066487.6,
        "trend": 522.188333,
        "fair_value": 697.979821,
        "relative_strength": -19.289746,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.176767,
        "energy": 51.109874,
        "activity_lines": [
          418.269991,
          418.160906,
          447.934046,
          480.681827
        ]
      },
      {
        "date": "2026-04-24",
        "close": 427.450012,
        "volume": 862085,
        "typical_volume": 1090028.7,
        "trend": 517.553334,
        "fair_value": 695.882691,
        "relative_strength": -18.139788,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.546744,
        "energy": 42.241012,
        "activity_lines": [
          422.346663,
          418.334544,
          443.117143,
          474.569677
        ]
      },
      {
        "date": "2026-05-01",
        "close": 417.5,
        "volume": 1553209,
        "typical_volume": 1117333.75,
        "trend": 511.58,
        "fair_value": 693.741285,
        "relative_strength": -20.040229,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.019445,
        "energy": 37.166251,
        "activity_lines": [
          422.839998,
          418.15818,
          437.992619,
          468.114624
        ]
      },
      {
        "date": "2026-05-08",
        "close": 423.649994,
        "volume": 659459,
        "typical_volume": 1128200.05,
        "trend": 505.698334,
        "fair_value": 691.67952,
        "relative_strength": -19.127429,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.848009,
        "energy": 33.613398,
        "activity_lines": [
          423.783331,
          419.571816,
          434.184285,
          462.44172
        ]
      },
      {
        "date": "2026-05-15",
        "close": 397.0,
        "volume": 946855,
        "typical_volume": 1164490.7,
        "trend": 498.903335,
        "fair_value": 689.447099,
        "relative_strength": -22.013439,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.45133,
        "energy": 44.537174,
        "activity_lines": [
          414.569999,
          416.002725,
          428.450476,
          455.428924
        ]
      },
      {
        "date": "2026-05-22",
        "close": 382.25,
        "volume": 717481,
        "typical_volume": 1188578.15,
        "trend": 490.621667,
        "fair_value": 687.137347,
        "relative_strength": -24.575621,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.27851,
        "energy": 55.55304,
        "activity_lines": [
          402.176666,
          409.926362,
          421.996666,
          447.902903
        ]
      },
      {
        "date": "2026-05-29",
        "close": 368.25,
        "volume": 2676107,
        "typical_volume": 1292772.35,
        "trend": 481.075,
        "fair_value": 684.75759,
        "relative_strength": -26.198322,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.111709,
        "energy": 72.631488,
        "activity_lines": [
          388.403333,
          401.899998,
          414.995238,
          440.007956
        ]
      },
      {
        "date": "2026-06-05",
        "close": 382.100006,
        "volume": 117496,
        "typical_volume": 1276937.7,
        "trend": 472.635001,
        "fair_value": 682.515682,
        "relative_strength": -22.263534,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.146308,
        "energy": 74.859215,
        "activity_lines": [
          383.193335,
          397.395455,
          409.994048,
          433.622473
        ]
      },
      {
        "date": "2026-06-12",
        "close": 377.299988,
        "volume": 130682,
        "typical_volume": 1264784.15,
        "trend": 464.364999,
        "fair_value": 680.271449,
        "relative_strength": -23.494972,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.792028,
        "energy": 77.894465,
        "activity_lines": [
          378.743331,
          392.225453,
          405.130713,
          427.471827
        ]
      },
      {
        "date": "2026-06-19",
        "close": 390.200012,
        "volume": 271602,
        "typical_volume": 1261732.05,
        "trend": 457.408332,
        "fair_value": 678.154139,
        "relative_strength": -21.700347,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.375686,
        "energy": 62.126046,
        "activity_lines": [
          381.683335,
          389.896365,
          402.085,
          422.686989
        ]
      },
      {
        "date": "2026-06-26",
        "close": 376.78186,
        "volume": 0,
        "typical_volume": 1238478.45,
        "trend": 450.101061,
        "fair_value": 675.970282,
        "relative_strength": -23.982136,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.241221,
        "energy": 54.763553,
        "activity_lines": [
          380.603955,
          385.724885,
          398.278749,
          417.485281
        ]
      },
      {
        "date": "2026-07-03",
        "close": 365.232971,
        "volume": 159602,
        "typical_volume": 1230102.55,
        "trend": 443.547161,
        "fair_value": 673.734762,
        "relative_strength": -26.270846,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.72219,
        "energy": 57.701496,
        "activity_lines": [
          376.039488,
          380.449391,
          393.979832,
          412.009921
        ]
      },
      {
        "date": "2026-07-10",
        "close": 367.025024,
        "volume": 1322255,
        "typical_volume": 1216364.2,
        "trend": 436.751328,
        "fair_value": 671.543978,
        "relative_strength": -25.03156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.154012,
        "energy": 55.250443,
        "activity_lines": [
          372.273506,
          376.630944,
          390.530002,
          407.073008
        ]
      },
      {
        "date": "2026-07-17",
        "close": 363.241791,
        "volume": 1793991,
        "typical_volume": 1244964.8,
        "trend": 430.449388,
        "fair_value": 669.357438,
        "relative_strength": -25.492838,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.25204,
        "energy": 58.667824,
        "activity_lines": [
          368.251446,
          373.042363,
          387.083792,
          402.330458
        ]
      },
      {
        "date": "2026-07-24",
        "close": 342.782349,
        "volume": 1413316,
        "typical_volume": 1272841.35,
        "trend": 423.8488,
        "fair_value": 667.057613,
        "relative_strength": -27.350915,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.302624,
        "energy": 72.833439,
        "activity_lines": [
          358.346786,
          366.832214,
          381.94077,
          396.67452
        ]
      },
      {
        "date": "2026-07-31",
        "close": 343.299988,
        "volume": 606861,
        "typical_volume": 1243718.75,
        "trend": 417.050466,
        "fair_value": 664.793574,
        "relative_strength": -28.385063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.758201,
        "energy": 76.238635,
        "activity_lines": [
          351.775849,
          361.701958,
          377.15094,
          391.477822
        ]
      },
      {
        "date": "2026-08-07",
        "close": 373.149994,
        "volume": 39494468,
        "typical_volume": 3119304.75,
        "trend": 412.445466,
        "fair_value": 662.768271,
        "relative_strength": -22.123969,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.226007,
        "energy": 49.809171,
        "activity_lines": [
          357.387038,
          362.707157,
          375.545397,
          388.645534
        ]
      }
    ],
    "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."
    }
  }
}