{
  "ticker": {
    "uuid": "88f17a68-f85c-4770-8a27-838338fe38b5",
    "symbol": "3047",
    "name": "EDIMAX Technology Co., Ltd.",
    "exchange": "TAI",
    "country": "TW",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 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": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -53.369,
    "architecture_energy": 52.782,
    "architecture_maturity": 12.055,
    "architecture_confidence": 87.992,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 31.65,
        "rotation_up": 14.0,
        "upward_expansion": 13.17,
        "deceleration": 36.15,
        "rotation_down": 63.02,
        "downward_expansion": 84.17
      },
      "activity_lines": [
        14.313333,
        14.825455,
        15.082619,
        15.347742
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 14.35,
    "trend_reference": 15.956667,
    "distance_from_trend": -0.100689,
    "trend_direction": "Weakening",
    "fair_value": 21.244239,
    "distance_from_fair_value": -0.324523,
    "fair_value_direction": "Improving",
    "relative_strength": -41.834265,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.17765,
    "excess_performance": -0.619023,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.100689,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.057213,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.324523,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.005696,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.418343,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.062752,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.17765,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.149044,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2702546,
      "relative_activity": 0.394273,
      "balance": 1.149044,
      "dry_up": 0.552945,
      "accumulation_observations": 3,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.112302,
      "annualized_volatility": 0.380622,
      "from_high_reference": -0.424908,
      "from_low_reference": 0.091255
    },
    "levels": {
      "trend_reference": 15.956667,
      "fair_value_reference": 21.244239,
      "structural_low": 13.15,
      "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": 24,
        "median_return": -0.006944,
        "positive_rate": 0.416667,
        "directional_follow_through": 0.541667,
        "median_excess_return": -0.022054,
        "regime_survival": 0.666667,
        "best_return": 0.217631,
        "worst_return": -0.172727,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 10,
        "median_return": 0.022283,
        "positive_rate": 0.5,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.062528,
        "regime_survival": 0.5,
        "best_return": 0.609649,
        "worst_return": -0.358932,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.092421,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.428571,
        "median_excess_return": 0.045019,
        "regime_survival": 0.428571,
        "best_return": 0.539474,
        "worst_return": -0.392321,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.229177,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.241302,
        "regime_survival": 0.333333,
        "best_return": 0.547893,
        "worst_return": -0.394015,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-31",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": 0.609856,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-07-12",
        "end": "2024-07-19",
        "tenure": "New",
        "return": -0.036905,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-26",
        "end": "2024-09-13",
        "tenure": "Developing",
        "return": -0.035452,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-20",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": -0.151554,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-12-13",
        "end": "2024-12-27",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-03",
        "end": "2025-05-23",
        "tenure": "Established",
        "return": -0.280468,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-05-30",
        "end": "2025-05-30",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-06",
        "end": "2025-08-29",
        "tenure": "Established",
        "return": 0.105,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-05",
        "end": "2025-12-05",
        "tenure": "Established",
        "return": -0.18578,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-12",
        "end": "2026-01-16",
        "tenure": "Developing",
        "return": 0.086835,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-23",
        "end": "2026-03-06",
        "tenure": "Developing",
        "return": -0.153453,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-13",
        "end": "2026-06-26",
        "tenure": "Established",
        "return": -0.062893,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-03",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": -0.142857,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-08-07",
        "end": "2026-08-14",
        "tenure": "New",
        "return": -0.003472,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 13.858389,
        "volume": 12423898,
        "typical_volume": 15981931.9,
        "trend": 14.753025,
        "fair_value": 12.514007,
        "relative_strength": -15.7011,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -19.380256,
        "energy": 11.445298,
        "activity_lines": [
          14.733007,
          14.857872,
          14.786681,
          14.799567
        ]
      },
      {
        "date": "2023-08-18",
        "close": 14.135556,
        "volume": 6703265,
        "typical_volume": 13886638.75,
        "trend": 14.745326,
        "fair_value": 12.541074,
        "relative_strength": -12.602185,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -15.756102,
        "energy": 17.925522,
        "activity_lines": [
          14.486635,
          14.720968,
          14.720688,
          14.75973
        ]
      },
      {
        "date": "2023-08-25",
        "close": 14.736087,
        "volume": 6475036,
        "typical_volume": 14008118.05,
        "trend": 14.760724,
        "fair_value": 12.56854,
        "relative_strength": -8.987713,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.203262,
        "energy": 26.861311,
        "activity_lines": [
          14.508193,
          14.70669,
          14.718269,
          14.759134
        ]
      },
      {
        "date": "2023-09-01",
        "close": 14.505114,
        "volume": 4297959,
        "typical_volume": 13386204.1,
        "trend": 14.753025,
        "fair_value": 12.591363,
        "relative_strength": -10.835502,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.08746,
        "energy": 32.422661,
        "activity_lines": [
          14.461999,
          14.650417,
          14.697591,
          14.742643
        ]
      },
      {
        "date": "2023-09-08",
        "close": 14.27414,
        "volume": 6602401,
        "typical_volume": 11607532.8,
        "trend": 14.756104,
        "fair_value": 12.609542,
        "relative_strength": -11.377332,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.051263,
        "energy": 40.640713,
        "activity_lines": [
          14.381928,
          14.559707,
          14.659535,
          14.711747
        ]
      },
      {
        "date": "2023-09-15",
        "close": 14.20224,
        "volume": 11096570,
        "typical_volume": 11644000.35,
        "trend": 14.749088,
        "fair_value": 12.622948,
        "relative_strength": -13.081435,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.91096,
        "energy": 31.514606,
        "activity_lines": [
          14.348722,
          14.463484,
          14.617932,
          14.676014
        ]
      },
      {
        "date": "2023-09-22",
        "close": 13.857047,
        "volume": 4965558,
        "typical_volume": 11542448.25,
        "trend": 14.733645,
        "fair_value": 12.624364,
        "relative_strength": -11.696839,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -61.803886,
        "energy": 45.012703,
        "activity_lines": [
          14.177529,
          14.324284,
          14.546655,
          14.618463
        ]
      },
      {
        "date": "2023-09-29",
        "close": 13.709106,
        "volume": 3046050,
        "typical_volume": 11129660.85,
        "trend": 14.707112,
        "fair_value": 12.621956,
        "relative_strength": -12.177981,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.935396,
        "energy": 54.428869,
        "activity_lines": [
          13.975589,
          14.181727,
          14.464594,
          14.552364
        ]
      },
      {
        "date": "2023-10-06",
        "close": 13.75842,
        "volume": 3999340,
        "typical_volume": 11024681.3,
        "trend": 14.666824,
        "fair_value": 12.619865,
        "relative_strength": -12.259541,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.036057,
        "energy": 57.247589,
        "activity_lines": [
          13.858552,
          14.069328,
          14.388381,
          14.491158
        ]
      },
      {
        "date": "2023-10-13",
        "close": 13.807734,
        "volume": 2874398,
        "typical_volume": 10782231.0,
        "trend": 14.634339,
        "fair_value": 12.629591,
        "relative_strength": -12.723833,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.296999,
        "energy": 57.808167,
        "activity_lines": [
          13.807733,
          13.99123,
          14.31756,
          14.435733
        ]
      },
      {
        "date": "2023-10-20",
        "close": 13.3146,
        "volume": 2150965,
        "typical_volume": 9741556.95,
        "trend": 14.562319,
        "fair_value": 12.634431,
        "relative_strength": -13.483273,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.949854,
        "energy": 65.108975,
        "activity_lines": [
          13.62363,
          13.851269,
          14.200015,
          14.350588
        ]
      },
      {
        "date": "2023-10-27",
        "close": 13.561167,
        "volume": 2200872,
        "typical_volume": 8705986.0,
        "trend": 14.498518,
        "fair_value": 12.637976,
        "relative_strength": -9.716307,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.672037,
        "energy": 55.157135,
        "activity_lines": [
          13.580892,
          13.766026,
          14.114482,
          14.285998
        ]
      },
      {
        "date": "2023-11-03",
        "close": 13.215973,
        "volume": 2501727,
        "typical_volume": 8371031.75,
        "trend": 14.42167,
        "fair_value": 12.642759,
        "relative_strength": -13.548834,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.17816,
        "energy": 60.42099,
        "activity_lines": [
          13.442815,
          13.628464,
          14.002328,
          14.203253
        ]
      },
      {
        "date": "2023-11-10",
        "close": 13.01872,
        "volume": 3174166,
        "typical_volume": 8340479.9,
        "trend": 14.339787,
        "fair_value": 12.643114,
        "relative_strength": -15.025878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.503718,
        "energy": 72.740802,
        "activity_lines": [
          13.271862,
          13.482676,
          13.878626,
          14.11274
        ]
      },
      {
        "date": "2023-11-17",
        "close": 14.0543,
        "volume": 9058002,
        "typical_volume": 8233021.25,
        "trend": 14.309362,
        "fair_value": 12.655859,
        "relative_strength": -10.650158,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.805886,
        "energy": 39.24299,
        "activity_lines": [
          13.495416,
          13.552201,
          13.862609,
          14.094322
        ]
      },
      {
        "date": "2023-11-24",
        "close": 15.139194,
        "volume": 65197969,
        "typical_volume": 10323101.45,
        "trend": 14.31818,
        "fair_value": 12.670095,
        "relative_strength": -3.796501,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -8.893927,
        "energy": 9.257152,
        "activity_lines": [
          14.064163,
          13.822976,
          13.952942,
          14.147859
        ]
      },
      {
        "date": "2023-12-01",
        "close": 15.68164,
        "volume": 34634863,
        "typical_volume": 11233878.7,
        "trend": 14.355857,
        "fair_value": 12.68522,
        "relative_strength": -0.987627,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 34.418489,
        "energy": 33.96315,
        "activity_lines": [
          14.692086,
          14.175342,
          14.095657,
          14.235824
        ]
      },
      {
        "date": "2023-12-08",
        "close": 15.632327,
        "volume": 17411566,
        "typical_volume": 11213082.15,
        "trend": 14.411909,
        "fair_value": 12.702329,
        "relative_strength": -0.603449,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.852276,
        "energy": 44.003677,
        "activity_lines": [
          15.162206,
          14.485568,
          14.231152,
          14.318177
        ]
      },
      {
        "date": "2023-12-15",
        "close": 15.928206,
        "volume": 29669609,
        "typical_volume": 12247686.1,
        "trend": 14.479363,
        "fair_value": 12.717597,
        "relative_strength": -0.028739,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.823581,
        "energy": 63.967206,
        "activity_lines": [
          15.569863,
          14.814622,
          14.391218,
          14.416003
        ]
      },
      {
        "date": "2023-12-22",
        "close": 15.878894,
        "volume": 41901324,
        "typical_volume": 13519276.9,
        "trend": 14.546713,
        "fair_value": 12.733699,
        "relative_strength": 0.454843,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.605747,
        "energy": 68.955641,
        "activity_lines": [
          15.767117,
          15.09526,
          14.542891,
          14.506295
        ]
      },
      {
        "date": "2023-12-29",
        "close": 15.829579,
        "volume": 21994365,
        "typical_volume": 13997800.25,
        "trend": 14.570844,
        "fair_value": 12.756961,
        "relative_strength": -1.455442,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 66.020919,
        "energy": 73.257624,
        "activity_lines": [
          15.826292,
          15.329274,
          14.687285,
          14.589061
        ]
      },
      {
        "date": "2024-01-05",
        "close": 15.977521,
        "volume": 13589690,
        "typical_volume": 14342121.5,
        "trend": 14.607606,
        "fair_value": 12.781458,
        "relative_strength": 1.966491,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.589033,
        "energy": 61.989147,
        "activity_lines": [
          15.888756,
          15.544459,
          14.836382,
          14.679814
        ]
      },
      {
        "date": "2024-01-12",
        "close": 14.991253,
        "volume": 12338883,
        "typical_volume": 14635313.85,
        "trend": 14.616112,
        "fair_value": 12.799059,
        "relative_strength": -3.937114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.10136,
        "energy": 40.385205,
        "activity_lines": [
          15.602739,
          15.53639,
          14.882778,
          14.704566
        ]
      },
      {
        "date": "2024-01-19",
        "close": 15.38576,
        "volume": 4725617,
        "typical_volume": 14656696.75,
        "trend": 14.631608,
        "fair_value": 12.819763,
        "relative_strength": -2.140725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.790259,
        "energy": 30.496795,
        "activity_lines": [
          15.490962,
          15.567771,
          14.96553,
          14.75422
        ]
      },
      {
        "date": "2024-01-26",
        "close": 15.878894,
        "volume": 56586103,
        "typical_volume": 17155881.85,
        "trend": 14.671241,
        "fair_value": 12.847079,
        "relative_strength": -0.605805,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.883386,
        "energy": 29.788702,
        "activity_lines": [
          15.579726,
          15.645776,
          15.091054,
          14.83469
        ]
      },
      {
        "date": "2024-02-02",
        "close": 16.618593,
        "volume": 39053720,
        "typical_volume": 18553739.35,
        "trend": 14.715514,
        "fair_value": 12.877987,
        "relative_strength": 3.705047,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.997194,
        "energy": 39.866037,
        "activity_lines": [
          15.915057,
          15.825097,
          15.279384,
          14.960326
        ]
      },
      {
        "date": "2024-02-09",
        "close": 16.273399,
        "volume": 5316401,
        "typical_volume": 18571281.5,
        "trend": 14.752899,
        "fair_value": 12.912432,
        "relative_strength": 1.371379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.574797,
        "energy": 43.061271,
        "activity_lines": [
          16.082721,
          15.914757,
          15.423332,
          15.060835
        ]
      },
      {
        "date": "2024-02-16",
        "close": 17.161039,
        "volume": 28540939,
        "typical_volume": 19846025.95,
        "trend": 14.829112,
        "fair_value": 12.953718,
        "relative_strength": 3.98377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.066275,
        "energy": 66.699099,
        "activity_lines": [
          16.526541,
          16.155048,
          15.640311,
          15.216199
        ]
      },
      {
        "date": "2024-02-23",
        "close": 18.245934,
        "volume": 197632580,
        "typical_volume": 29527687.95,
        "trend": 14.932248,
        "fair_value": 13.00167,
        "relative_strength": 8.807546,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.77851,
        "energy": 79.644999,
        "activity_lines": [
          17.18734,
          16.564797,
          15.944175,
          15.436639
        ]
      },
      {
        "date": "2024-03-01",
        "close": 17.654173,
        "volume": 34176040,
        "typical_volume": 31092770.05,
        "trend": 15.0095,
        "fair_value": 13.039216,
        "relative_strength": 5.011965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.67955,
        "energy": 75.531461,
        "activity_lines": [
          17.460207,
          16.824813,
          16.170312,
          15.612247
        ]
      },
      {
        "date": "2024-03-08",
        "close": 16.026833,
        "volume": 37521763,
        "typical_volume": 32861309.95,
        "trend": 15.081781,
        "fair_value": 13.066905,
        "relative_strength": -8.455275,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.604802,
        "energy": 49.973137,
        "activity_lines": [
          17.072276,
          16.75667,
          16.223147,
          15.677881
        ]
      },
      {
        "date": "2024-03-15",
        "close": 14.991253,
        "volume": 16349228,
        "typical_volume": 33568727.75,
        "trend": 15.110305,
        "fair_value": 13.089969,
        "relative_strength": -13.556907,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 28.946193,
        "energy": 21.922619,
        "activity_lines": [
          16.378602,
          16.496655,
          16.164441,
          15.672041
        ]
      },
      {
        "date": "2024-03-22",
        "close": 15.139194,
        "volume": 9695091,
        "typical_volume": 33928395.95,
        "trend": 15.123742,
        "fair_value": 13.111393,
        "relative_strength": -14.642556,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 17.484636,
        "energy": 17.309669,
        "activity_lines": [
          15.819717,
          16.281469,
          16.113014,
          15.673904
        ]
      },
      {
        "date": "2024-03-29",
        "close": 15.08988,
        "volume": 7856932,
        "typical_volume": 34162534.25,
        "trend": 15.143234,
        "fair_value": 13.1302,
        "relative_strength": -14.764219,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.103302,
        "energy": 23.440502,
        "activity_lines": [
          15.379185,
          16.054628,
          16.047733,
          15.67172
        ]
      },
      {
        "date": "2024-04-05",
        "close": 14.892627,
        "volume": 3859507,
        "typical_volume": 33902609.5,
        "trend": 15.16385,
        "fair_value": 13.148031,
        "relative_strength": -15.595753,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -20.267723,
        "energy": 29.218068,
        "activity_lines": [
          15.083305,
          15.797302,
          15.953803,
          15.655552
        ]
      },
      {
        "date": "2024-04-12",
        "close": 14.991253,
        "volume": 6657515,
        "typical_volume": 30975586.8,
        "trend": 15.19015,
        "fair_value": 13.164769,
        "relative_strength": -16.20985,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -20.206771,
        "energy": 31.796297,
        "activity_lines": [
          15.004404,
          15.57584,
          15.865273,
          15.644416
        ]
      },
      {
        "date": "2024-04-19",
        "close": 13.955673,
        "volume": 8579662,
        "typical_volume": 29672826.75,
        "trend": 15.193438,
        "fair_value": 13.173143,
        "relative_strength": -16.712776,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.771751,
        "energy": 46.397349,
        "activity_lines": [
          14.649347,
          15.195679,
          15.678822,
          15.564773
        ]
      },
      {
        "date": "2024-04-26",
        "close": 14.20224,
        "volume": 4262894,
        "typical_volume": 29015393.15,
        "trend": 15.209876,
        "fair_value": 13.183673,
        "relative_strength": -17.279496,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.202282,
        "energy": 46.979714,
        "activity_lines": [
          14.445519,
          14.902489,
          15.524072,
          15.500824
        ]
      },
      {
        "date": "2024-05-03",
        "close": 14.251554,
        "volume": 4602662,
        "typical_volume": 27762045.8,
        "trend": 15.226314,
        "fair_value": 13.197107,
        "relative_strength": -17.420458,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.392689,
        "energy": 46.996858,
        "activity_lines": [
          14.320592,
          14.672062,
          15.380829,
          15.438997
        ]
      },
      {
        "date": "2024-05-10",
        "close": 15.23782,
        "volume": 20882199,
        "typical_volume": 26711089.55,
        "trend": 15.273983,
        "fair_value": 13.212262,
        "relative_strength": -12.996028,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.241284,
        "energy": 28.020911,
        "activity_lines": [
          14.580309,
          14.69358,
          15.339499,
          15.43974
        ]
      },
      {
        "date": "2024-05-17",
        "close": 19.084261,
        "volume": 173268942,
        "typical_volume": 34274818.4,
        "trend": 15.466305,
        "fair_value": 13.261851,
        "relative_strength": 6.05701,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 29.198338,
        "energy": 22.845235,
        "activity_lines": [
          16.09916,
          15.458385,
          15.667551,
          15.685564
        ]
      },
      {
        "date": "2024-05-24",
        "close": 21.4513,
        "volume": 187148214,
        "typical_volume": 42952744.6,
        "trend": 15.72931,
        "fair_value": 13.339839,
        "relative_strength": 17.102465,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 85.391726,
        "energy": 81.843648,
        "activity_lines": [
          18.134157,
          16.597972,
          16.205536,
          16.071693
        ]
      },
      {
        "date": "2024-05-31",
        "close": 24.015594,
        "volume": 290838993,
        "typical_volume": 56877750.1,
        "trend": 16.089297,
        "fair_value": 13.43139,
        "relative_strength": 32.830789,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.663149,
        "energy": 96.119802,
        "activity_lines": [
          20.52421,
          18.086338,
          16.961673,
          16.606292
        ]
      },
      {
        "date": "2024-06-07",
        "close": 25.544306,
        "volume": 133534684,
        "typical_volume": 63318203.45,
        "trend": 16.506816,
        "fair_value": 13.530727,
        "relative_strength": 35.982618,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.265113,
        "energy": 97.21538,
        "activity_lines": [
          22.76961,
          19.691262,
          17.82043,
          17.216292
        ]
      },
      {
        "date": "2024-06-14",
        "close": 25.347054,
        "volume": 191006011,
        "typical_volume": 70039198.85,
        "trend": 16.883242,
        "fair_value": 13.627938,
        "relative_strength": 30.258747,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.309587,
        "energy": 94.087677,
        "activity_lines": [
          24.196409,
          21.070243,
          18.612026,
          17.78663
        ]
      },
      {
        "date": "2024-06-21",
        "close": 27.418213,
        "volume": 94242184,
        "typical_volume": 72798622.05,
        "trend": 17.292542,
        "fair_value": 13.739,
        "relative_strength": 35.426989,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.812306,
        "energy": 95.961749,
        "activity_lines": [
          25.639646,
          22.635717,
          19.55579,
          18.466306
        ]
      },
      {
        "date": "2024-06-28",
        "close": 28.108601,
        "volume": 324285728,
        "typical_volume": 88747088.4,
        "trend": 17.706774,
        "fair_value": 13.855063,
        "relative_strength": 39.08873,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.209234,
        "energy": 93.164169,
        "activity_lines": [
          26.757415,
          24.100771,
          20.513877,
          19.164116
        ]
      },
      {
        "date": "2024-07-05",
        "close": 38.661655,
        "volume": 365733657,
        "typical_volume": 105606724.3,
        "trend": 18.474419,
        "fair_value": 14.039348,
        "relative_strength": 84.129313,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 98.79887,
        "energy": 81.481185,
        "activity_lines": [
          30.949049,
          27.227237,
          22.42066,
          20.516044
        ]
      },
      {
        "date": "2024-07-12",
        "close": 41.423199,
        "volume": 398996014,
        "typical_volume": 115674896.0,
        "trend": 19.324252,
        "fair_value": 14.242486,
        "relative_strength": 90.788418,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 96.616722,
        "energy": 78.527354,
        "activity_lines": [
          35.084793,
          30.411085,
          24.488062,
          21.99661
        ]
      },
      {
        "date": "2024-07-19",
        "close": 39.894489,
        "volume": 33430198,
        "typical_volume": 115637603.9,
        "trend": 20.124771,
        "fair_value": 14.435538,
        "relative_strength": 88.683445,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 83.285969,
        "energy": 78.327002,
        "activity_lines": [
          37.652375,
          32.822955,
          26.299506,
          23.323722
        ]
      },
      {
        "date": "2024-07-26",
        "close": 40.33831,
        "volume": 18502963,
        "typical_volume": 114686663.9,
        "trend": 20.941729,
        "fair_value": 14.631721,
        "relative_strength": 93.439517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.375925,
        "energy": 81.41867,
        "activity_lines": [
          39.398068,
          34.867218,
          28.047311,
          24.627822
        ]
      },
      {
        "date": "2024-08-02",
        "close": 39.59861,
        "volume": 200066448,
        "typical_volume": 123872524.9,
        "trend": 21.729099,
        "fair_value": 14.822875,
        "relative_strength": 90.540694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.175752,
        "energy": 68.000214,
        "activity_lines": [
          40.035854,
          36.390552,
          29.6089,
          25.831491
        ]
      },
      {
        "date": "2024-08-09",
        "close": 38.464401,
        "volume": 122737737,
        "typical_volume": 129524657.2,
        "trend": 22.511537,
        "fair_value": 15.005897,
        "relative_strength": 83.03413,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.566389,
        "energy": 64.749695,
        "activity_lines": [
          39.52957,
          37.377715,
          30.945292,
          26.911188
        ]
      },
      {
        "date": "2024-08-16",
        "close": 43.938179,
        "volume": 185014317,
        "typical_volume": 138382526.45,
        "trend": 23.463284,
        "fair_value": 15.223431,
        "relative_strength": 96.585425,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.124775,
        "energy": 68.102279,
        "activity_lines": [
          40.861029,
          39.097405,
          32.691923,
          28.293552
        ]
      },
      {
        "date": "2024-08-23",
        "close": 42.310841,
        "volume": 411468946,
        "typical_volume": 158762998.4,
        "trend": 24.344349,
        "fair_value": 15.43686,
        "relative_strength": 87.281819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.574175,
        "energy": 61.453086,
        "activity_lines": [
          41.482377,
          40.186781,
          34.146197,
          29.509524
        ]
      },
      {
        "date": "2024-08-30",
        "close": 40.486248,
        "volume": 99100514,
        "typical_volume": 163385148.35,
        "trend": 25.139938,
        "fair_value": 15.640605,
        "relative_strength": 75.19183,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.888056,
        "energy": 56.727669,
        "activity_lines": [
          41.334437,
          40.635981,
          35.296137,
          30.550936
        ]
      },
      {
        "date": "2024-09-06",
        "close": 40.436935,
        "volume": 157444192,
        "typical_volume": 170828374.85,
        "trend": 25.945389,
        "fair_value": 15.841421,
        "relative_strength": 78.38814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.565761,
        "energy": 52.373813,
        "activity_lines": [
          41.160197,
          40.838614,
          36.319976,
          31.537839
        ]
      },
      {
        "date": "2024-09-13",
        "close": 38.908222,
        "volume": 119258220,
        "typical_volume": 176578141.15,
        "trend": 26.670295,
        "fair_value": 16.032379,
        "relative_strength": 66.217026,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.064777,
        "energy": 40.098291,
        "activity_lines": [
          40.420497,
          40.539148,
          37.072121,
          32.374151
        ]
      },
      {
        "date": "2024-09-20",
        "close": 38.069893,
        "volume": 39036292,
        "typical_volume": 178299822.65,
        "trend": 27.331094,
        "fair_value": 16.217844,
        "relative_strength": 57.25536,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.099948,
        "energy": 31.819981,
        "activity_lines": [
          39.371766,
          40.082775,
          37.626779,
          33.109609
        ]
      },
      {
        "date": "2024-09-27",
        "close": 37.182255,
        "volume": 85296305,
        "typical_volume": 181520527.95,
        "trend": 27.98203,
        "fair_value": 16.395488,
        "relative_strength": 47.077002,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.847028,
        "energy": 24.38373,
        "activity_lines": [
          38.418375,
          39.525983,
          37.983479,
          33.745168
        ]
      },
      {
        "date": "2024-10-04",
        "close": 35.406975,
        "volume": 19707608,
        "typical_volume": 173842461.25,
        "trend": 28.628035,
        "fair_value": 16.561751,
        "relative_strength": 41.467011,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.724045,
        "energy": 21.015158,
        "activity_lines": [
          37.21513,
          38.695726,
          38.066607,
          34.224197
        ]
      },
      {
        "date": "2024-10-11",
        "close": 34.7659,
        "volume": 27534530,
        "typical_volume": 165861777.05,
        "trend": 29.287189,
        "fair_value": 16.723905,
        "relative_strength": 33.68011,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.687528,
        "energy": 18.095282,
        "activity_lines": [
          36.136812,
          37.83857,
          38.010953,
          34.620188
        ]
      },
      {
        "date": "2024-10-18",
        "close": 34.7659,
        "volume": 29353477,
        "typical_volume": 152787501.25,
        "trend": 29.941413,
        "fair_value": 16.884578,
        "relative_strength": 28.883843,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.397924,
        "energy": 16.728258,
        "activity_lines": [
          35.436562,
          37.069282,
          37.891897,
          34.973653
        ]
      },
      {
        "date": "2024-10-25",
        "close": 33.335812,
        "volume": 19821385,
        "typical_volume": 147101836.3,
        "trend": 30.549611,
        "fair_value": 17.037861,
        "relative_strength": 23.106463,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.502893,
        "energy": 15.604837,
        "activity_lines": [
          34.535771,
          36.107223,
          37.585449,
          35.192647
        ]
      },
      {
        "date": "2024-11-01",
        "close": 35.604225,
        "volume": 42580085,
        "typical_volume": 139680540.0,
        "trend": 31.239997,
        "fair_value": 17.206869,
        "relative_strength": 33.081786,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.528623,
        "energy": 15.790312,
        "activity_lines": [
          34.706723,
          35.750373,
          37.457939,
          35.518751
        ]
      },
      {
        "date": "2024-11-08",
        "close": 35.209721,
        "volume": 35616873,
        "typical_volume": 136749274.45,
        "trend": 31.913946,
        "fair_value": 17.368611,
        "relative_strength": 25.81163,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.349423,
        "energy": 13.968793,
        "activity_lines": [
          34.851376,
          35.443734,
          37.244013,
          35.774862
        ]
      },
      {
        "date": "2024-11-15",
        "close": 35.998734,
        "volume": 53876777,
        "typical_volume": 123228826.9,
        "trend": 32.648715,
        "fair_value": 17.533337,
        "relative_strength": 31.586786,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.787675,
        "energy": 10.63794,
        "activity_lines": [
          35.272184,
          35.376489,
          37.068129,
          36.038397
        ]
      },
      {
        "date": "2024-11-22",
        "close": 33.533066,
        "volume": 31853519,
        "typical_volume": 106534820.0,
        "trend": 33.293076,
        "fair_value": 17.684331,
        "relative_strength": 20.575384,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.50554,
        "energy": 8.407875,
        "activity_lines": [
          34.788913,
          34.941635,
          36.619847,
          36.095452
        ]
      },
      {
        "date": "2024-11-29",
        "close": 32.053665,
        "volume": 21774563,
        "typical_volume": 87673747.45,
        "trend": 33.886479,
        "fair_value": 17.823176,
        "relative_strength": 17.572118,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -11.182841,
        "energy": 18.273464,
        "activity_lines": [
          33.894697,
          34.335529,
          36.055092,
          36.01549
        ]
      },
      {
        "date": "2024-12-06",
        "close": 32.300232,
        "volume": 14108196,
        "typical_volume": 86707647.35,
        "trend": 34.455227,
        "fair_value": 17.966563,
        "relative_strength": 12.847547,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -35.771764,
        "energy": 43.431691,
        "activity_lines": [
          33.168147,
          33.883639,
          35.558436,
          35.913151
        ]
      },
      {
        "date": "2024-12-13",
        "close": 29.637312,
        "volume": 19301507,
        "typical_volume": 86747574.55,
        "trend": 34.806995,
        "fair_value": 18.089919,
        "relative_strength": 3.697212,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.195023,
        "energy": 66.676992,
        "activity_lines": [
          31.774223,
          33.036346,
          34.844331,
          35.602318
        ]
      },
      {
        "date": "2024-12-20",
        "close": 31.757788,
        "volume": 35162964,
        "typical_volume": 78502400.35,
        "trend": 35.150545,
        "fair_value": 18.223907,
        "relative_strength": 12.747193,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.763867,
        "energy": 60.666876,
        "activity_lines": [
          31.458619,
          32.679497,
          34.383134,
          35.405595
        ]
      },
      {
        "date": "2024-12-27",
        "close": 29.637312,
        "volume": 30360917,
        "typical_volume": 73883559.35,
        "trend": 35.337935,
        "fair_value": 18.338083,
        "relative_strength": 1.151807,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -73.372716,
        "energy": 77.51386,
        "activity_lines": [
          30.718918,
          31.9918,
          33.757325,
          35.049902
        ]
      },
      {
        "date": "2025-01-03",
        "close": 29.538687,
        "volume": 11324512,
        "typical_volume": 65199069.1,
        "trend": 35.471081,
        "fair_value": 18.450146,
        "relative_strength": 1.84474,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.56966,
        "energy": 77.126118,
        "activity_lines": [
          30.20606,
          31.379418,
          33.164156,
          34.675757
        ]
      },
      {
        "date": "2025-01-10",
        "close": 27.960661,
        "volume": 12862189,
        "typical_volume": 45268731.25,
        "trend": 35.558201,
        "fair_value": 18.544987,
        "relative_strength": -4.550422,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.637428,
        "energy": 77.478049,
        "activity_lines": [
          29.334858,
          30.549162,
          32.489268,
          34.191214
        ]
      },
      {
        "date": "2025-01-17",
        "close": 27.615467,
        "volume": 9572289,
        "typical_volume": 40792320.0,
        "trend": 35.564777,
        "fair_value": 18.642353,
        "relative_strength": -6.738411,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.24188,
        "energy": 81.827794,
        "activity_lines": [
          28.637897,
          29.795116,
          31.849838,
          33.67878
        ]
      },
      {
        "date": "2025-01-24",
        "close": 28.009974,
        "volume": 5834354,
        "typical_volume": 33211828.1,
        "trend": 35.561489,
        "fair_value": 18.746394,
        "relative_strength": -7.352616,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.863462,
        "energy": 77.324561,
        "activity_lines": [
          28.207227,
          29.250876,
          31.30927,
          33.191373
        ]
      },
      {
        "date": "2025-02-07",
        "close": 28.848301,
        "volume": 7814943,
        "typical_volume": 27639664.25,
        "trend": 35.234377,
        "fair_value": 18.84811,
        "relative_strength": -4.827535,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.390441,
        "energy": 68.521027,
        "activity_lines": [
          28.305854,
          29.00431,
          30.907719,
          32.758264
        ]
      },
      {
        "date": "2025-02-14",
        "close": 28.108601,
        "volume": 8775306,
        "typical_volume": 26126614.95,
        "trend": 34.790557,
        "fair_value": 18.947156,
        "relative_strength": -6.402361,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.365135,
        "energy": 56.517272,
        "activity_lines": [
          28.210515,
          28.70843,
          30.483624,
          32.298537
        ]
      },
      {
        "date": "2025-02-21",
        "close": 28.848301,
        "volume": 15897076,
        "typical_volume": 22656653.5,
        "trend": 34.422351,
        "fair_value": 19.048279,
        "relative_strength": -6.68349,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.577247,
        "energy": 48.71676,
        "activity_lines": [
          28.457082,
          28.61877,
          30.177412,
          31.915165
        ]
      },
      {
        "date": "2025-02-28",
        "close": 28.749674,
        "volume": 7448376,
        "typical_volume": 22043691.9,
        "trend": 34.036063,
        "fair_value": 19.151732,
        "relative_strength": -4.666859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.186012,
        "energy": 39.855435,
        "activity_lines": [
          28.611597,
          28.573939,
          29.901492,
          31.549186
        ]
      },
      {
        "date": "2025-03-07",
        "close": 27.122334,
        "volume": 8626616,
        "typical_volume": 21098296.2,
        "trend": 33.620187,
        "fair_value": 19.250378,
        "relative_strength": -8.524227,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.659962,
        "energy": 49.888707,
        "activity_lines": [
          28.148051,
          28.249368,
          29.502289,
          31.103139
        ]
      },
      {
        "date": "2025-03-14",
        "close": 25.051172,
        "volume": 9572323,
        "typical_volume": 20109238.5,
        "trend": 33.17308,
        "fair_value": 19.335156,
        "relative_strength": -13.589119,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.31067,
        "energy": 58.239538,
        "activity_lines": [
          27.053295,
          27.632503,
          28.94223,
          30.550299
        ]
      },
      {
        "date": "2025-03-21",
        "close": 25.642933,
        "volume": 6644015,
        "typical_volume": 19450370.0,
        "trend": 32.563238,
        "fair_value": 19.425504,
        "relative_strength": -13.006094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.58811,
        "energy": 72.415377,
        "activity_lines": [
          26.408934,
          27.206615,
          28.48479,
          30.064484
        ]
      },
      {
        "date": "2025-03-28",
        "close": 23.22658,
        "volume": 8242003,
        "typical_volume": 17733465.9,
        "trend": 31.927096,
        "fair_value": 19.502732,
        "relative_strength": -19.374165,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.440732,
        "energy": 91.457309,
        "activity_lines": [
          25.123499,
          26.412221,
          27.833854,
          29.462119
        ]
      },
      {
        "date": "2025-04-04",
        "close": 22.437567,
        "volume": 6501849,
        "typical_volume": 16277714.7,
        "trend": 31.325473,
        "fair_value": 19.572532,
        "relative_strength": -21.350423,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.154004,
        "energy": 93.455123,
        "activity_lines": [
          23.949842,
          25.560446,
          27.166716,
          28.849891
        ]
      },
      {
        "date": "2025-04-11",
        "close": 18.936321,
        "volume": 8343802,
        "typical_volume": 14001065.95,
        "trend": 30.608786,
        "fair_value": 19.621962,
        "relative_strength": -27.854869,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.790216,
        "energy": 96.477994,
        "activity_lines": [
          22.02991,
          24.166223,
          26.226944,
          28.050591
        ]
      },
      {
        "date": "2025-04-18",
        "close": 19.330828,
        "volume": 6676400,
        "typical_volume": 12742210.0,
        "trend": 29.956206,
        "fair_value": 19.676882,
        "relative_strength": -26.133324,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.947162,
        "energy": 94.05979,
        "activity_lines": [
          20.787215,
          23.008705,
          25.405995,
          27.322981
        ]
      },
      {
        "date": "2025-04-25",
        "close": 20.366405,
        "volume": 7774770,
        "typical_volume": 12042220.35,
        "trend": 29.36609,
        "fair_value": 19.741697,
        "relative_strength": -24.381195,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.186752,
        "energy": 86.650219,
        "activity_lines": [
          20.271068,
          22.212519,
          24.751302,
          26.704284
        ]
      },
      {
        "date": "2025-05-02",
        "close": 21.796494,
        "volume": 46325301,
        "typical_volume": 13653075.6,
        "trend": 28.853231,
        "fair_value": 19.815383,
        "relative_strength": -23.007605,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.107397,
        "energy": 66.261091,
        "activity_lines": [
          20.583386,
          21.817115,
          24.288461,
          26.215923
        ]
      },
      {
        "date": "2025-05-09",
        "close": 20.218468,
        "volume": 13836997,
        "typical_volume": 13379850.1,
        "trend": 28.346948,
        "fair_value": 19.880435,
        "relative_strength": -29.282062,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.570906,
        "energy": 64.292736,
        "activity_lines": [
          20.465034,
          21.263013,
          23.72535,
          25.658841
        ]
      },
      {
        "date": "2025-05-16",
        "close": 21.747179,
        "volume": 23134404,
        "typical_volume": 12778422.1,
        "trend": 27.91299,
        "fair_value": 19.955878,
        "relative_strength": -27.434075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.622289,
        "energy": 52.286543,
        "activity_lines": [
          21.004192,
          21.141971,
          23.352681,
          25.23305
        ]
      },
      {
        "date": "2025-05-23",
        "close": 21.254045,
        "volume": 8522986,
        "typical_volume": 11686525.55,
        "trend": 27.462595,
        "fair_value": 20.029049,
        "relative_strength": -28.536511,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.000166,
        "energy": 42.575608,
        "activity_lines": [
          21.191583,
          21.028998,
          22.980718,
          24.80344
        ]
      },
      {
        "date": "2025-05-30",
        "close": 19.971901,
        "volume": 10157206,
        "typical_volume": 11628160.25,
        "trend": 27.017132,
        "fair_value": 20.089558,
        "relative_strength": -31.83183,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -56.086185,
        "energy": 45.70912,
        "activity_lines": [
          20.823377,
          20.751947,
          22.526566,
          24.32017
        ]
      },
      {
        "date": "2025-06-06",
        "close": 19.725334,
        "volume": 6156960,
        "typical_volume": 11292898.8,
        "trend": 26.487835,
        "fair_value": 20.148192,
        "relative_strength": -33.438926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.128226,
        "energy": 48.174686,
        "activity_lines": [
          20.399282,
          20.533176,
          22.094487,
          23.849731
        ]
      },
      {
        "date": "2025-06-13",
        "close": 18.78838,
        "volume": 7231300,
        "typical_volume": 11175849.35,
        "trend": 25.940457,
        "fair_value": 20.201115,
        "relative_strength": -37.505944,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.0753,
        "energy": 55.423618,
        "activity_lines": [
          19.800947,
          20.207707,
          21.61239,
          23.352992
        ]
      },
      {
        "date": "2025-06-20",
        "close": 17.802113,
        "volume": 7076072,
        "typical_volume": 11237935.25,
        "trend": 25.333903,
        "fair_value": 20.244754,
        "relative_strength": -40.445333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.620823,
        "energy": 63.408895,
        "activity_lines": [
          18.969196,
          19.769267,
          21.078397,
          22.827938
        ]
      },
      {
        "date": "2025-06-27",
        "close": 18.245934,
        "volume": 6171439,
        "typical_volume": 11155760.05,
        "trend": 24.824332,
        "fair_value": 20.291239,
        "relative_strength": -40.089754,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.919417,
        "energy": 68.331187,
        "activity_lines": [
          18.548389,
          19.432143,
          20.635282,
          22.370649
        ]
      },
      {
        "date": "2025-07-04",
        "close": 19.725334,
        "volume": 17701066,
        "typical_volume": 11602048.05,
        "trend": 24.413388,
        "fair_value": 20.346615,
        "relative_strength": -34.81742,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.623258,
        "energy": 51.6854,
        "activity_lines": [
          18.821256,
          19.383727,
          20.383549,
          22.041682
        ]
      },
      {
        "date": "2025-07-11",
        "close": 17.950054,
        "volume": 12854987,
        "typical_volume": 11449943.6,
        "trend": 23.935048,
        "fair_value": 20.390907,
        "relative_strength": -40.487759,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.469809,
        "energy": 57.188433,
        "activity_lines": [
          18.518801,
          19.024188,
          20.002662,
          21.624692
        ]
      },
      {
        "date": "2025-07-18",
        "close": 18.295246,
        "volume": 9786956,
        "typical_volume": 11566872.6,
        "trend": 23.55698,
        "fair_value": 20.432673,
        "relative_strength": -40.158747,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.653917,
        "energy": 50.098148,
        "activity_lines": [
          18.449762,
          18.797346,
          19.706547,
          21.260834
        ]
      },
      {
        "date": "2025-07-25",
        "close": 17.802113,
        "volume": 5625019,
        "typical_volume": 11416792.75,
        "trend": 23.09179,
        "fair_value": 20.470687,
        "relative_strength": -40.870494,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.940208,
        "energy": 49.976427,
        "activity_lines": [
          18.249221,
          18.515812,
          19.41325,
          20.889552
        ]
      },
      {
        "date": "2025-08-01",
        "close": 17.900739,
        "volume": 5776554,
        "typical_volume": 11227004.3,
        "trend": 22.700571,
        "fair_value": 20.50874,
        "relative_strength": -39.767845,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.513483,
        "energy": 55.93507,
        "activity_lines": [
          18.081555,
          18.323938,
          19.173728,
          20.554646
        ]
      },
      {
        "date": "2025-08-08",
        "close": 18.147306,
        "volume": 14950206,
        "typical_volume": 11642313.85,
        "trend": 22.320859,
        "fair_value": 20.546301,
        "relative_strength": -39.443293,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.369136,
        "energy": 48.754085,
        "activity_lines": [
          18.019091,
          18.237864,
          18.991739,
          20.260887
        ]
      },
      {
        "date": "2025-08-15",
        "close": 18.739067,
        "volume": 9978087,
        "typical_volume": 11729118.05,
        "trend": 22.013472,
        "fair_value": 20.588544,
        "relative_strength": -37.285905,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.373064,
        "energy": 43.78554,
        "activity_lines": [
          18.259083,
          18.292557,
          18.901801,
          20.029803
        ]
      },
      {
        "date": "2025-08-22",
        "close": 18.048679,
        "volume": 14381651,
        "typical_volume": 12123108.15,
        "trend": 21.694579,
        "fair_value": 20.604745,
        "relative_strength": -36.956355,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.955663,
        "energy": 39.888555,
        "activity_lines": [
          18.216345,
          18.239657,
          18.76748,
          19.77401
        ]
      },
      {
        "date": "2025-08-29",
        "close": 21.796494,
        "volume": 70610569,
        "typical_volume": 15236446.5,
        "trend": 21.487463,
        "fair_value": 20.630756,
        "relative_strength": -24.11408,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -8.841971,
        "energy": 11.350925,
        "activity_lines": [
          19.439316,
          18.881627,
          19.010994,
          19.780585
        ]
      },
      {
        "date": "2025-09-05",
        "close": 21.799999,
        "volume": 47036436,
        "typical_volume": 17254448.3,
        "trend": 21.25252,
        "fair_value": 20.659455,
        "relative_strength": -23.764067,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.653454,
        "energy": 19.240375,
        "activity_lines": [
          20.397163,
          19.451609,
          19.241222,
          19.800749
        ]
      },
      {
        "date": "2025-09-12",
        "close": 19.85,
        "volume": 16715880,
        "typical_volume": 17701503.8,
        "trend": 20.977233,
        "fair_value": 20.678023,
        "relative_strength": -32.013871,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.514191,
        "energy": 19.099018,
        "activity_lines": [
          20.44506,
          19.602427,
          19.273978,
          19.710264
        ]
      },
      {
        "date": "2025-09-19",
        "close": 19.9,
        "volume": 10608812,
        "typical_volume": 15915679.35,
        "trend": 20.678956,
        "fair_value": 20.697799,
        "relative_strength": -30.948725,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.099156,
        "energy": 19.991564,
        "activity_lines": [
          20.396111,
          19.760069,
          19.313955,
          19.640765
        ]
      },
      {
        "date": "2025-09-26",
        "close": 18.700001,
        "volume": 9150485,
        "typical_volume": 15681353.75,
        "trend": 20.343967,
        "fair_value": 20.71166,
        "relative_strength": -34.005841,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.962075,
        "energy": 13.586312,
        "activity_lines": [
          19.869766,
          19.664075,
          19.248677,
          19.51309
        ]
      },
      {
        "date": "2025-10-03",
        "close": 18.5,
        "volume": 4231391,
        "typical_volume": 14736203.1,
        "trend": 20.056556,
        "fair_value": 20.728089,
        "relative_strength": -36.559346,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.25687,
        "energy": 20.713516,
        "activity_lines": [
          19.233334,
          19.524359,
          19.171582,
          19.394125
        ]
      },
      {
        "date": "2025-10-10",
        "close": 18.75,
        "volume": 4096499,
        "typical_volume": 14514878.75,
        "trend": 19.846517,
        "fair_value": 20.752635,
        "relative_strength": -35.957702,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.582901,
        "energy": 24.273415,
        "activity_lines": [
          18.9,
          19.417408,
          19.13376,
          19.309831
        ]
      },
      {
        "date": "2025-10-17",
        "close": 17.9,
        "volume": 6979733,
        "typical_volume": 14356005.1,
        "trend": 19.588419,
        "fair_value": 20.765513,
        "relative_strength": -37.901538,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.79184,
        "energy": 32.866388,
        "activity_lines": [
          18.486667,
          19.140471,
          19.026909,
          19.184249
        ]
      },
      {
        "date": "2025-10-24",
        "close": 17.700001,
        "volume": 4668468,
        "typical_volume": 14281580.5,
        "trend": 19.4042,
        "fair_value": 20.781847,
        "relative_strength": -38.165009,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -59.774215,
        "energy": 47.5374,
        "activity_lines": [
          18.136667,
          18.831667,
          18.910876,
          19.062416
        ]
      },
      {
        "date": "2025-10-31",
        "close": 19.799999,
        "volume": 55588554,
        "typical_volume": 16699443.2,
        "trend": 19.316281,
        "fair_value": 20.817862,
        "relative_strength": -31.62759,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.221678,
        "energy": 24.056339,
        "activity_lines": [
          18.633333,
          18.923573,
          19.004488,
          19.087951
        ]
      },
      {
        "date": "2025-11-07",
        "close": 19.25,
        "volume": 21547510,
        "typical_volume": 17423015.1,
        "trend": 19.326737,
        "fair_value": 20.854792,
        "relative_strength": -31.006625,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.883351,
        "energy": 18.143511,
        "activity_lines": [
          18.873333,
          18.883636,
          19.040902,
          19.083675
        ]
      },
      {
        "date": "2025-11-14",
        "close": 18.5,
        "volume": 9087111,
        "typical_volume": 17568798.7,
        "trend": 19.299043,
        "fair_value": 20.874774,
        "relative_strength": -32.018264,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.233135,
        "energy": 14.462107,
        "activity_lines": [
          18.813333,
          18.753636,
          18.998993,
          19.030337
        ]
      },
      {
        "date": "2025-11-21",
        "close": 16.75,
        "volume": 12107472,
        "typical_volume": 17289119.0,
        "trend": 19.178496,
        "fair_value": 20.888572,
        "relative_strength": -35.013414,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.244974,
        "energy": 26.777795,
        "activity_lines": [
          18.186667,
          18.365455,
          18.789207,
          18.865883
        ]
      },
      {
        "date": "2025-11-28",
        "close": 17.65,
        "volume": 4888747,
        "typical_volume": 16890807.0,
        "trend": 19.04028,
        "fair_value": 20.902217,
        "relative_strength": -33.391021,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.418848,
        "energy": 44.20167,
        "activity_lines": [
          17.936667,
          18.197273,
          18.679304,
          18.76727
        ]
      },
      {
        "date": "2025-12-05",
        "close": 17.75,
        "volume": 3159406,
        "typical_volume": 16559429.5,
        "trend": 18.957997,
        "fair_value": 20.920649,
        "relative_strength": -32.7765,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.079207,
        "energy": 54.91759,
        "activity_lines": [
          17.723333,
          18.088182,
          18.580353,
          18.684026
        ]
      },
      {
        "date": "2025-12-12",
        "close": 17.85,
        "volume": 5674303,
        "typical_volume": 16561893.7,
        "trend": 18.828091,
        "fair_value": 20.931134,
        "relative_strength": -31.863538,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.203353,
        "energy": 56.988471,
        "activity_lines": [
          17.68,
          18.014545,
          18.493523,
          18.612542
        ]
      },
      {
        "date": "2025-12-19",
        "close": 18.5,
        "volume": 52921935,
        "typical_volume": 18919162.75,
        "trend": 18.73629,
        "fair_value": 20.949043,
        "relative_strength": -27.169381,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.770453,
        "energy": 31.11284,
        "activity_lines": [
          17.946667,
          18.070909,
          18.468369,
          18.591375
        ]
      },
      {
        "date": "2025-12-26",
        "close": 18.700001,
        "volume": 5362924,
        "typical_volume": 18439798.65,
        "trend": 18.693893,
        "fair_value": 20.969419,
        "relative_strength": -27.448235,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.413218,
        "energy": 13.743347,
        "activity_lines": [
          18.28,
          18.168182,
          18.459409,
          18.589034
        ]
      },
      {
        "date": "2026-01-02",
        "close": 18.15,
        "volume": 4463612,
        "typical_volume": 18164074.9,
        "trend": 18.641382,
        "fair_value": 20.993376,
        "relative_strength": -30.517093,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.647362,
        "energy": 14.964742,
        "activity_lines": [
          18.3,
          18.150909,
          18.395437,
          18.553944
        ]
      },
      {
        "date": "2026-01-09",
        "close": 17.9,
        "volume": 7877864,
        "typical_volume": 17838885.55,
        "trend": 18.611769,
        "fair_value": 21.018691,
        "relative_strength": -32.581422,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.945512,
        "energy": 16.106848,
        "activity_lines": [
          18.203334,
          18.08,
          18.31046,
          18.506113
        ]
      },
      {
        "date": "2026-01-16",
        "close": 19.4,
        "volume": 22182068,
        "typical_volume": 15417460.5,
        "trend": 18.665032,
        "fair_value": 21.048292,
        "relative_strength": -28.600996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -12.979959,
        "energy": 10.023333,
        "activity_lines": [
          18.596667,
          18.316364,
          18.369048,
          18.556967
        ]
      },
      {
        "date": "2026-01-23",
        "close": 19.549999,
        "volume": 17618313,
        "typical_volume": 13946554.35,
        "trend": 18.708501,
        "fair_value": 21.08152,
        "relative_strength": -28.367743,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.683574,
        "energy": 13.945876,
        "activity_lines": [
          18.936666,
          18.577273,
          18.453333,
          18.614061
        ]
      },
      {
        "date": "2026-01-30",
        "close": 17.950001,
        "volume": 8944177,
        "typical_volume": 13557969.2,
        "trend": 18.649323,
        "fair_value": 21.105083,
        "relative_strength": -33.495153,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -3.857471,
        "energy": 6.898189,
        "activity_lines": [
          18.673333,
          18.528182,
          18.395952,
          18.565126
        ]
      },
      {
        "date": "2026-02-06",
        "close": 17.450001,
        "volume": 6125791,
        "typical_volume": 13333818.15,
        "trend": 18.632655,
        "fair_value": 21.12248,
        "relative_strength": -33.747646,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.122827,
        "energy": 18.189132,
        "activity_lines": [
          18.293334,
          18.366364,
          18.3,
          18.48775
        ]
      },
      {
        "date": "2026-02-13",
        "close": 17.4,
        "volume": 3419777,
        "typical_volume": 13047282.75,
        "trend": 18.602813,
        "fair_value": 21.143109,
        "relative_strength": -36.494635,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.499429,
        "energy": 33.325843,
        "activity_lines": [
          17.943334,
          18.199091,
          18.210953,
          18.408224
        ]
      },
      {
        "date": "2026-02-27",
        "close": 17.799999,
        "volume": 6157686,
        "typical_volume": 13143597.5,
        "trend": 18.602743,
        "fair_value": 21.164823,
        "relative_strength": -37.298244,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.1714,
        "energy": 37.775215,
        "activity_lines": [
          17.76,
          18.110909,
          18.166191,
          18.35643
        ]
      },
      {
        "date": "2026-03-06",
        "close": 16.549999,
        "volume": 9398503,
        "typical_volume": 13408697.7,
        "trend": 18.557718,
        "fair_value": 21.179115,
        "relative_strength": -37.419532,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -65.11012,
        "energy": 58.192823,
        "activity_lines": [
          17.266666,
          17.796363,
          18.005714,
          18.223995
        ]
      },
      {
        "date": "2026-03-13",
        "close": 15.9,
        "volume": 5224242,
        "typical_volume": 13320923.15,
        "trend": 18.482808,
        "fair_value": 21.188057,
        "relative_strength": -38.427592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.186718,
        "energy": 66.940015,
        "activity_lines": [
          16.756666,
          17.399091,
          17.793809,
          18.052529
        ]
      },
      {
        "date": "2026-03-20",
        "close": 16.65,
        "volume": 7153182,
        "typical_volume": 13445158.85,
        "trend": 18.413172,
        "fair_value": 21.198845,
        "relative_strength": -34.754065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.442933,
        "energy": 58.94875,
        "activity_lines": [
          16.633333,
          17.189091,
          17.662857,
          17.934283
        ]
      },
      {
        "date": "2026-03-27",
        "close": 16.6,
        "volume": 6285582,
        "typical_volume": 10980010.25,
        "trend": 18.364883,
        "fair_value": 21.210497,
        "relative_strength": -32.996212,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.715044,
        "energy": 60.801597,
        "activity_lines": [
          16.546666,
          16.997273,
          17.532143,
          17.817304
        ]
      },
      {
        "date": "2026-04-03",
        "close": 15.6,
        "volume": 4416360,
        "typical_volume": 10123452.75,
        "trend": 18.158333,
        "fair_value": 21.211297,
        "relative_strength": -34.992145,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.399674,
        "energy": 63.243434,
        "activity_lines": [
          16.18,
          16.647273,
          17.321429,
          17.638925
        ]
      },
      {
        "date": "2026-04-10",
        "close": 15.55,
        "volume": 3952527,
        "typical_volume": 9866723.55,
        "trend": 17.95,
        "fair_value": 21.211777,
        "relative_strength": -39.43497,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.506203,
        "energy": 57.269731,
        "activity_lines": [
          15.943333,
          16.357273,
          17.123333,
          17.470645
        ]
      },
      {
        "date": "2026-04-17",
        "close": 15.7,
        "volume": 4406991,
        "typical_volume": 9481699.5,
        "trend": 17.811667,
        "fair_value": 21.212921,
        "relative_strength": -40.2942,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.071072,
        "energy": 56.513838,
        "activity_lines": [
          15.823333,
          16.167273,
          16.953571,
          17.325484
        ]
      },
      {
        "date": "2026-04-24",
        "close": 14.75,
        "volume": 9373860,
        "typical_volume": 9705955.15,
        "trend": 17.64,
        "fair_value": 21.208273,
        "relative_strength": -46.076311,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.722757,
        "energy": 66.746775,
        "activity_lines": [
          15.4,
          15.845454,
          16.698333,
          17.127957
        ]
      },
      {
        "date": "2026-05-01",
        "close": 14.65,
        "volume": 3946948,
        "typical_volume": 9745332.25,
        "trend": 17.505,
        "fair_value": 21.20624,
        "relative_strength": -45.465973,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.192814,
        "energy": 68.723875,
        "activity_lines": [
          15.07,
          15.554545,
          16.447381,
          16.935054
        ]
      },
      {
        "date": "2026-05-08",
        "close": 14.4,
        "volume": 5984557,
        "typical_volume": 9760844.95,
        "trend": 17.368333,
        "fair_value": 21.203198,
        "relative_strength": -48.844818,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.097281,
        "energy": 76.894417,
        "activity_lines": [
          14.786667,
          15.268182,
          16.187381,
          16.734731
        ]
      },
      {
        "date": "2026-05-15",
        "close": 14.2,
        "volume": 5336044,
        "typical_volume": 7381550.4,
        "trend": 17.216667,
        "fair_value": 21.200946,
        "relative_strength": -48.109465,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.924138,
        "energy": 80.948944,
        "activity_lines": [
          14.516667,
          15.007273,
          15.924762,
          16.530323
        ]
      },
      {
        "date": "2026-05-22",
        "close": 15.4,
        "volume": 7255737,
        "typical_volume": 7476191.05,
        "trend": 17.133333,
        "fair_value": 21.210235,
        "relative_strength": -44.163242,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.92287,
        "energy": 57.119275,
        "activity_lines": [
          14.736667,
          15.007273,
          15.796905,
          16.413118
        ]
      },
      {
        "date": "2026-05-29",
        "close": 15.1,
        "volume": 9256110,
        "typical_volume": 7715815.95,
        "trend": 17.046667,
        "fair_value": 21.217898,
        "relative_strength": -47.266926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.939207,
        "energy": 43.95536,
        "activity_lines": [
          14.876667,
          14.961818,
          15.65619,
          16.281935
        ]
      },
      {
        "date": "2026-06-05",
        "close": 16.15,
        "volume": 20062132,
        "typical_volume": 8325029.35,
        "trend": 16.925,
        "fair_value": 21.232588,
        "relative_strength": -43.03515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.569119,
        "energy": 26.31365,
        "activity_lines": [
          15.343333,
          15.135455,
          15.63,
          16.224086
        ]
      },
      {
        "date": "2026-06-12",
        "close": 15.8,
        "volume": 9014091,
        "typical_volume": 7666630.5,
        "trend": 16.81,
        "fair_value": 21.237039,
        "relative_strength": -42.153845,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.782189,
        "energy": 21.364326,
        "activity_lines": [
          15.593333,
          15.253636,
          15.578809,
          16.151505
        ]
      },
      {
        "date": "2026-06-19",
        "close": 16.65,
        "volume": 15790209,
        "typical_volume": 7575225.3,
        "trend": 16.748333,
        "fair_value": 21.24842,
        "relative_strength": -41.152263,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.912108,
        "energy": 17.117404,
        "activity_lines": [
          16.033333,
          15.522727,
          15.625714,
          16.141183
        ]
      },
      {
        "date": "2026-06-26",
        "close": 14.9,
        "volume": 9533330,
        "typical_volume": 7604682.95,
        "trend": 16.686667,
        "fair_value": 21.24947,
        "relative_strength": -44.267391,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.4824,
        "energy": 21.706034,
        "activity_lines": [
          15.726667,
          15.453636,
          15.519762,
          16.021935
        ]
      },
      {
        "date": "2026-07-03",
        "close": 16.1,
        "volume": 5801902,
        "typical_volume": 7588488.5,
        "trend": 16.635,
        "fair_value": 21.257029,
        "relative_strength": -41.756082,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.298827,
        "energy": 11.028412,
        "activity_lines": [
          15.853333,
          15.617273,
          15.542619,
          15.984086
        ]
      },
      {
        "date": "2026-07-10",
        "close": 16.65,
        "volume": 0,
        "typical_volume": 7417499.65,
        "trend": 16.598333,
        "fair_value": 21.269594,
        "relative_strength": -36.828705,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.148181,
        "energy": 8.744711,
        "activity_lines": [
          16.096667,
          15.856364,
          15.624286,
          15.985054
        ]
      },
      {
        "date": "2026-07-17",
        "close": 14.65,
        "volume": 7798598,
        "typical_volume": 7499545.25,
        "trend": 16.491667,
        "fair_value": 21.265488,
        "relative_strength": -40.037249,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.535362,
        "energy": 19.263074,
        "activity_lines": [
          15.64,
          15.695455,
          15.519048,
          15.859355
        ]
      },
      {
        "date": "2026-07-24",
        "close": 14.65,
        "volume": 4026300,
        "typical_volume": 7230935.1,
        "trend": 16.363333,
        "fair_value": 21.262271,
        "relative_strength": -40.495217,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.126114,
        "energy": 21.298148,
        "activity_lines": [
          15.26,
          15.53,
          15.42881,
          15.740538
        ]
      },
      {
        "date": "2026-07-31",
        "close": 13.8,
        "volume": 6201837,
        "typical_volume": 7279814.85,
        "trend": 16.2,
        "fair_value": 21.255383,
        "relative_strength": -42.383967,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.282732,
        "energy": 46.172358,
        "activity_lines": [
          14.73,
          15.201818,
          15.266667,
          15.575161
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.4,
        "volume": 2229982,
        "typical_volume": 7033654.85,
        "trend": 16.075,
        "fair_value": 21.250563,
        "relative_strength": -40.479535,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.961038,
        "energy": 49.653695,
        "activity_lines": [
          14.473333,
          15.011818,
          15.171667,
          15.459032
        ]
      },
      {
        "date": "2026-08-14",
        "close": 14.35,
        "volume": 2702546,
        "typical_volume": 6854503.05,
        "trend": 15.956667,
        "fair_value": 21.244239,
        "relative_strength": -41.834265,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.369143,
        "energy": 52.782318,
        "activity_lines": [
          14.313333,
          14.825455,
          15.082619,
          15.347742
        ]
      }
    ],
    "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."
    }
  }
}