{
  "ticker": {
    "uuid": "89bd49e4-d0ea-4618-aa91-e0ea5a6d03bf",
    "symbol": "BBIK",
    "name": "Bluebik Group Public Company Limited",
    "exchange": "SET",
    "country": "TH",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^SET.BK",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 64.753,
    "architecture_energy": 72.954,
    "architecture_maturity": 22.234,
    "architecture_confidence": 75.244,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 14.25,
        "rotation_up": 75.72,
        "upward_expansion": 91.92,
        "deceleration": 42.69,
        "rotation_down": 9.43,
        "downward_expansion": 16.25
      },
      "activity_lines": [
        22.053333,
        21.125455,
        19.926162,
        19.47371
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 21.5,
    "trend_reference": 18.648319,
    "distance_from_trend": 0.152919,
    "trend_direction": "Improving",
    "fair_value": 32.05816,
    "distance_from_fair_value": -0.329344,
    "fair_value_direction": "Improving",
    "relative_strength": 0.79678,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.481603,
    "excess_performance": 0.289278,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.152919,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.099316,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.329344,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.155522,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.007968,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.16754,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.481603,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.569002,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 16267700,
      "relative_activity": 1.777316,
      "balance": 1.569002,
      "dry_up": 1.835327,
      "accumulation_observations": 5,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.085152,
      "annualized_volatility": 0.562635,
      "from_high_reference": -0.11157,
      "from_low_reference": 0.724679
    },
    "levels": {
      "trend_reference": 18.648319,
      "fair_value_reference": 32.05816,
      "structural_low": 14.706088,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 4,
        "median_return": -0.028092,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.012241,
        "regime_survival": 0.5,
        "best_return": 0.014151,
        "worst_return": -0.121212,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.194685,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.083418,
        "regime_survival": 0.0,
        "best_return": -0.172996,
        "worst_return": -0.216374,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.302323,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.164829,
        "regime_survival": 0.0,
        "best_return": -0.135021,
        "worst_return": -0.469626,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.498179,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.372288,
        "regime_survival": 0.0,
        "best_return": -0.4183,
        "worst_return": -0.578058,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-03-01",
        "end": "2024-03-08",
        "tenure": "New",
        "return": 0.037594,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-03-15",
        "end": "2024-04-05",
        "tenure": "New",
        "return": -0.102326,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-04-12",
        "end": "2024-05-10",
        "tenure": "Developing",
        "return": -0.174962,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-17",
        "end": "2024-09-13",
        "tenure": "Established",
        "return": 0.031847,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-09-20",
        "end": "2024-11-08",
        "tenure": "Developing",
        "return": 0.1125,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-15",
        "end": "2024-12-20",
        "tenure": "Developing",
        "return": -0.105263,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-27",
        "end": "2025-01-17",
        "tenure": "New",
        "return": -0.083333,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-24",
        "end": "2025-02-28",
        "tenure": "Developing",
        "return": -0.123377,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-07",
        "end": "2025-08-29",
        "tenure": "Established",
        "return": -0.375674,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-05",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": -0.138249,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-07",
        "end": "2026-02-13",
        "tenure": "Established",
        "return": -0.027174,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-20",
        "end": "2026-04-03",
        "tenure": "Developing",
        "return": -0.107477,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-10",
        "end": "2026-07-03",
        "tenure": "Established",
        "return": 0.026786,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-10",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.014151,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 60.583019,
        "volume": 1361399,
        "typical_volume": 2769431.55,
        "trend": 58.653726,
        "fair_value": 45.627206,
        "relative_strength": 6.522623,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 26.761248,
        "energy": 30.871042,
        "activity_lines": [
          61.801644,
          61.195498,
          59.079207,
          58.266112
        ]
      },
      {
        "date": "2023-08-25",
        "close": 61.888687,
        "volume": 2649135,
        "typical_volume": 2831972.15,
        "trend": 58.410628,
        "fair_value": 45.786632,
        "relative_strength": 5.47038,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.770254,
        "energy": 28.26861,
        "activity_lines": [
          61.627554,
          61.447135,
          59.540613,
          58.474819
        ]
      },
      {
        "date": "2023-09-01",
        "close": 59.538483,
        "volume": 3977654,
        "typical_volume": 2978546.35,
        "trend": 57.976488,
        "fair_value": 45.920145,
        "relative_strength": 0.996588,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 36.521933,
        "energy": 18.709011,
        "activity_lines": [
          60.72229,
          61.257219,
          59.750995,
          58.547584
        ]
      },
      {
        "date": "2023-09-08",
        "close": 60.844151,
        "volume": 3417369,
        "typical_volume": 2917052.75,
        "trend": 57.793936,
        "fair_value": 46.063645,
        "relative_strength": 4.074793,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.583806,
        "energy": 17.639407,
        "activity_lines": [
          60.652654,
          61.261967,
          60.069721,
          58.732594
        ]
      },
      {
        "date": "2023-09-15",
        "close": 60.321884,
        "volume": 1436347,
        "typical_volume": 2829510.5,
        "trend": 57.871394,
        "fair_value": 46.199438,
        "relative_strength": 3.330537,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.581828,
        "energy": 17.01061,
        "activity_lines": [
          60.530791,
          61.081547,
          60.291716,
          58.895688
        ]
      },
      {
        "date": "2023-09-22",
        "close": 60.583019,
        "volume": 956156,
        "typical_volume": 2821703.15,
        "trend": 57.879533,
        "fair_value": 46.335132,
        "relative_strength": 4.944543,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.297261,
        "energy": 15.494967,
        "activity_lines": [
          60.513382,
          60.920119,
          60.486027,
          59.070631
        ]
      },
      {
        "date": "2023-09-29",
        "close": 58.755081,
        "volume": 961668,
        "typical_volume": 2669820.05,
        "trend": 57.826741,
        "fair_value": 46.451206,
        "relative_strength": 5.046216,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.990407,
        "energy": 9.732333,
        "activity_lines": [
          59.886661,
          60.416842,
          60.45183,
          59.127118
        ]
      },
      {
        "date": "2023-10-06",
        "close": 55.099213,
        "volume": 1882922,
        "typical_volume": 2615885.7,
        "trend": 57.652086,
        "fair_value": 46.531281,
        "relative_strength": 0.670906,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -8.584236,
        "energy": 14.696689,
        "activity_lines": [
          58.250224,
          59.320081,
          60.038369,
          58.951149
        ]
      },
      {
        "date": "2023-10-13",
        "close": 54.838078,
        "volume": 868531,
        "typical_volume": 2568454.4,
        "trend": 57.590098,
        "fair_value": 46.60749,
        "relative_strength": -0.813086,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -28.664338,
        "energy": 37.347142,
        "activity_lines": [
          56.822694,
          58.365756,
          59.567085,
          58.7696
        ]
      },
      {
        "date": "2023-10-20",
        "close": 55.360348,
        "volume": 1304267,
        "typical_volume": 2312266.3,
        "trend": 57.562858,
        "fair_value": 46.687061,
        "relative_strength": 3.61248,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.279427,
        "energy": 45.317295,
        "activity_lines": [
          55.969658,
          57.648826,
          59.124401,
          58.625745
        ]
      },
      {
        "date": "2023-10-27",
        "close": 54.838078,
        "volume": 1039924,
        "typical_volume": 2137439.05,
        "trend": 57.431515,
        "fair_value": 46.760494,
        "relative_strength": 3.398631,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.318441,
        "energy": 51.325253,
        "activity_lines": [
          55.273302,
          56.931895,
          58.655604,
          58.449953
        ]
      },
      {
        "date": "2023-11-03",
        "close": 53.271278,
        "volume": 2160310,
        "typical_volume": 2111877.2,
        "trend": 57.334639,
        "fair_value": 46.818626,
        "relative_strength": -1.664576,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.77502,
        "energy": 56.477601,
        "activity_lines": [
          54.437674,
          56.034546,
          58.076136,
          58.181551
        ]
      },
      {
        "date": "2023-11-10",
        "close": 49.093136,
        "volume": 2108139,
        "typical_volume": 2115009.25,
        "trend": 57.098491,
        "fair_value": 46.838754,
        "relative_strength": -7.180968,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -55.963877,
        "energy": 65.892375,
        "activity_lines": [
          52.57492,
          54.534214,
          57.136055,
          57.649841
        ]
      },
      {
        "date": "2023-11-17",
        "close": 50.790504,
        "volume": 2758070,
        "typical_volume": 2015756.15,
        "trend": 57.092311,
        "fair_value": 46.873419,
        "relative_strength": -5.727304,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.8917,
        "energy": 60.956019,
        "activity_lines": [
          51.67836,
          53.53241,
          56.396176,
          57.242874
        ]
      },
      {
        "date": "2023-11-24",
        "close": 51.182209,
        "volume": 1852795,
        "typical_volume": 1979438.6,
        "trend": 57.155538,
        "fair_value": 46.910886,
        "relative_strength": -3.809382,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -63.702204,
        "energy": 68.279974,
        "activity_lines": [
          51.182207,
          52.784618,
          55.71785,
          56.861577
        ]
      },
      {
        "date": "2023-12-01",
        "close": 48.570869,
        "volume": 1122405,
        "typical_volume": 1938712.35,
        "trend": 57.136054,
        "fair_value": 46.925197,
        "relative_strength": -7.452399,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.682868,
        "energy": 75.819853,
        "activity_lines": [
          50.09415,
          51.728214,
          54.826887,
          56.307727
        ]
      },
      {
        "date": "2023-12-08",
        "close": 48.048603,
        "volume": 1083460,
        "typical_volume": 1871542.45,
        "trend": 56.996783,
        "fair_value": 46.934798,
        "relative_strength": -8.307852,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.426462,
        "energy": 74.395879,
        "activity_lines": [
          49.249817,
          50.795254,
          53.940897,
          55.72144
        ]
      },
      {
        "date": "2023-12-15",
        "close": 47.656902,
        "volume": 1391893,
        "typical_volume": 1812556.4,
        "trend": 56.979374,
        "fair_value": 46.940918,
        "relative_strength": -9.24085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.399112,
        "energy": 75.286635,
        "activity_lines": [
          48.623097,
          49.98574,
          53.087239,
          55.118867
        ]
      },
      {
        "date": "2023-12-22",
        "close": 48.309734,
        "volume": 2831550,
        "typical_volume": 1852410.15,
        "trend": 56.909739,
        "fair_value": 46.952421,
        "relative_strength": -8.610036,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.711072,
        "energy": 69.184392,
        "activity_lines": [
          48.309736,
          49.430237,
          52.380934,
          54.559536
        ]
      },
      {
        "date": "2023-12-29",
        "close": 49.354271,
        "volume": 1048742,
        "typical_volume": 1810636.8,
        "trend": 56.544151,
        "fair_value": 46.972436,
        "relative_strength": -7.02245,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.915797,
        "energy": 52.140014,
        "activity_lines": [
          48.509938,
          49.183347,
          51.842502,
          54.072086
        ]
      },
      {
        "date": "2024-01-05",
        "close": 45.959534,
        "volume": 3492871,
        "typical_volume": 1917210.4,
        "trend": 55.978362,
        "fair_value": 46.964065,
        "relative_strength": -13.83709,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.350636,
        "energy": 57.951761,
        "activity_lines": [
          47.700424,
          48.428433,
          51.034231,
          53.389207
        ]
      },
      {
        "date": "2024-01-12",
        "close": 45.176132,
        "volume": 1671118,
        "typical_volume": 1868309.55,
        "trend": 55.44739,
        "fair_value": 46.94941,
        "relative_strength": -14.144911,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.344078,
        "energy": 59.462035,
        "activity_lines": [
          46.803865,
          47.692511,
          50.220986,
          52.692289
        ]
      },
      {
        "date": "2024-01-19",
        "close": 43.348198,
        "volume": 2699653,
        "typical_volume": 1804409.5,
        "trend": 54.986054,
        "fair_value": 46.920132,
        "relative_strength": -15.426253,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.086454,
        "energy": 76.106238,
        "activity_lines": [
          45.489493,
          46.771422,
          49.313236,
          51.911696
        ]
      },
      {
        "date": "2024-01-26",
        "close": 45.698399,
        "volume": 4716311,
        "typical_volume": 1869356.6,
        "trend": 54.64658,
        "fair_value": 46.910279,
        "relative_strength": -9.541664,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.637878,
        "energy": 66.192615,
        "activity_lines": [
          45.245768,
          46.382095,
          48.706411,
          51.312493
        ]
      },
      {
        "date": "2024-02-02",
        "close": 47.918037,
        "volume": 1226011,
        "typical_volume": 1858839.8,
        "trend": 54.285346,
        "fair_value": 46.918341,
        "relative_strength": -5.829778,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.487866,
        "energy": 51.748821,
        "activity_lines": [
          45.916012,
          46.488923,
          48.383103,
          50.878393
        ]
      },
      {
        "date": "2024-02-09",
        "close": 48.570869,
        "volume": 2132570,
        "typical_volume": 1917660.5,
        "trend": 53.902349,
        "fair_value": 46.931456,
        "relative_strength": -4.599308,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.415984,
        "energy": 38.657502,
        "activity_lines": [
          46.899615,
          46.773796,
          48.181035,
          50.509717
        ]
      },
      {
        "date": "2024-02-16",
        "close": 51.182209,
        "volume": 2643624,
        "typical_volume": 2001758.3,
        "trend": 53.519353,
        "fair_value": 46.964927,
        "relative_strength": 0.58679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.974373,
        "energy": 20.914258,
        "activity_lines": [
          48.579575,
          47.533458,
          48.284867,
          50.334224
        ]
      },
      {
        "date": "2024-02-23",
        "close": 53.53241,
        "volume": 2946731,
        "typical_volume": 2054948.75,
        "trend": 53.118948,
        "fair_value": 47.016235,
        "relative_strength": 4.238022,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 10.44584,
        "energy": 23.780543,
        "activity_lines": [
          50.642531,
          48.663454,
          48.648589,
          50.335067
        ]
      },
      {
        "date": "2024-03-01",
        "close": 52.096172,
        "volume": 1186150,
        "typical_volume": 2070829.7,
        "trend": 52.766418,
        "fair_value": 47.055615,
        "relative_strength": 3.690593,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.18639,
        "energy": 26.942625,
        "activity_lines": [
          51.547793,
          49.425489,
          48.882987,
          50.269081
        ]
      },
      {
        "date": "2024-03-08",
        "close": 54.054676,
        "volume": 2788380,
        "typical_volume": 2145035.35,
        "trend": 52.548806,
        "fair_value": 47.109453,
        "relative_strength": 6.04389,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.549742,
        "energy": 40.531275,
        "activity_lines": [
          52.679372,
          50.474772,
          49.316966,
          50.352195
        ]
      },
      {
        "date": "2024-03-15",
        "close": 56.143745,
        "volume": 2717657,
        "typical_volume": 2228922.0,
        "trend": 52.40083,
        "fair_value": 47.178418,
        "relative_strength": 9.928196,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 41.405347,
        "energy": 58.065579,
        "activity_lines": [
          54.098198,
          51.818423,
          49.956122,
          50.584126
        ]
      },
      {
        "date": "2024-03-22",
        "close": 52.749008,
        "volume": 816913,
        "typical_volume": 2161752.15,
        "trend": 52.096174,
        "fair_value": 47.220619,
        "relative_strength": 3.498422,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 25.782572,
        "energy": 50.781421,
        "activity_lines": [
          53.880587,
          52.359682,
          50.265752,
          50.606589
        ]
      },
      {
        "date": "2024-03-29",
        "close": 49.354271,
        "volume": 3526854,
        "typical_volume": 2232687.9,
        "trend": 51.756701,
        "fair_value": 47.236661,
        "relative_strength": -2.908593,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 11.537775,
        "energy": 20.120264,
        "activity_lines": [
          52.426943,
          52.146027,
          50.25456,
          50.429692
        ]
      },
      {
        "date": "2024-04-05",
        "close": 50.398804,
        "volume": 624761,
        "typical_volume": 2126022.45,
        "trend": 51.408522,
        "fair_value": 47.26026,
        "relative_strength": -0.736266,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 2.509606,
        "energy": 8.678954,
        "activity_lines": [
          51.60002,
          52.013086,
          50.341605,
          50.342086
        ]
      },
      {
        "date": "2024-04-12",
        "close": 51.835045,
        "volume": 762904,
        "typical_volume": 2071527.9,
        "trend": 51.125628,
        "fair_value": 47.294147,
        "relative_strength": 0.475001,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.339933,
        "energy": 11.048918,
        "activity_lines": [
          51.365001,
          52.055818,
          50.567299,
          50.369604
        ]
      },
      {
        "date": "2024-04-19",
        "close": 48.570869,
        "volume": 893332,
        "typical_volume": 2060074.25,
        "trend": 50.725223,
        "fair_value": 47.303535,
        "relative_strength": -1.499919,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.6121,
        "energy": 18.335747,
        "activity_lines": [
          50.189899,
          51.433844,
          50.479011,
          50.20478
        ]
      },
      {
        "date": "2024-04-26",
        "close": 49.223705,
        "volume": 1006307,
        "typical_volume": 2056216.6,
        "trend": 50.40751,
        "fair_value": 47.31755,
        "relative_strength": -2.42196,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.016537,
        "energy": 16.719987,
        "activity_lines": [
          49.737268,
          50.930569,
          50.452898,
          50.107908
        ]
      },
      {
        "date": "2024-05-03",
        "close": 49.77272,
        "volume": 1307504,
        "typical_volume": 2051997.15,
        "trend": 50.22996,
        "fair_value": 47.335341,
        "relative_strength": -2.268982,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.495452,
        "energy": 13.070178,
        "activity_lines": [
          49.702661,
          50.562723,
          50.473476,
          50.066954
        ]
      },
      {
        "date": "2024-05-10",
        "close": 42.765881,
        "volume": 1794200,
        "typical_volume": 2000129.65,
        "trend": 49.827554,
        "fair_value": 47.302468,
        "relative_strength": -16.049542,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -67.89035,
        "energy": 51.934388,
        "activity_lines": [
          47.304546,
          48.989265,
          49.816661,
          49.585401
        ]
      },
      {
        "date": "2024-05-17",
        "close": 37.933578,
        "volume": 1326800,
        "typical_volume": 2014032.55,
        "trend": 49.246662,
        "fair_value": 47.235547,
        "relative_strength": -25.948477,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.933103,
        "energy": 81.794607,
        "activity_lines": [
          43.804524,
          46.706848,
          48.726025,
          48.818047
        ]
      },
      {
        "date": "2024-05-24",
        "close": 32.618046,
        "volume": 3808300,
        "typical_volume": 2029804.0,
        "trend": 48.505994,
        "fair_value": 47.131877,
        "relative_strength": -35.172364,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -94.002245,
        "energy": 95.039284,
        "activity_lines": [
          39.459422,
          43.751081,
          47.183533,
          47.745233
        ]
      },
      {
        "date": "2024-05-31",
        "close": 30.443506,
        "volume": 6177900,
        "typical_volume": 2255143.1,
        "trend": 47.745068,
        "fair_value": 47.014353,
        "relative_strength": -38.106639,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.758828,
        "energy": 96.326534,
        "activity_lines": [
          35.452995,
          40.827684,
          45.497473,
          46.579912
        ]
      },
      {
        "date": "2024-06-07",
        "close": 29.477047,
        "volume": 2167100,
        "typical_volume": 2228515.45,
        "trend": 47.091198,
        "fair_value": 46.891715,
        "relative_strength": -38.900637,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.107239,
        "energy": 94.206633,
        "activity_lines": [
          32.376429,
          38.134121,
          43.789524,
          45.40133
        ]
      },
      {
        "date": "2024-06-14",
        "close": 28.027355,
        "volume": 2379700,
        "typical_volume": 2111684.9,
        "trend": 46.332427,
        "fair_value": 46.760712,
        "relative_strength": -40.177876,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.227353,
        "energy": 93.582132,
        "activity_lines": [
          30.169677,
          35.538382,
          42.009563,
          44.171404
        ]
      },
      {
        "date": "2024-06-21",
        "close": 28.993816,
        "volume": 4639400,
        "typical_volume": 2282354.35,
        "trend": 45.592814,
        "fair_value": 46.638182,
        "relative_strength": -37.579274,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.377421,
        "energy": 89.384265,
        "activity_lines": [
          29.267647,
          33.525116,
          40.405793,
          43.052784
        ]
      },
      {
        "date": "2024-06-28",
        "close": 26.33605,
        "volume": 3002900,
        "typical_volume": 2325870.85,
        "trend": 44.851653,
        "fair_value": 46.499126,
        "relative_strength": -42.537311,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.63294,
        "energy": 90.395412,
        "activity_lines": [
          28.075679,
          31.443916,
          38.639018,
          41.810412
        ]
      },
      {
        "date": "2024-07-05",
        "close": 27.544125,
        "volume": 2808000,
        "typical_volume": 2334089.65,
        "trend": 44.16817,
        "fair_value": 46.37018,
        "relative_strength": -39.801186,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.175396,
        "energy": 68.102872,
        "activity_lines": [
          27.705202,
          29.986635,
          37.093178,
          40.693798
        ]
      },
      {
        "date": "2024-07-12",
        "close": 31.409967,
        "volume": 4818600,
        "typical_volume": 2427683.1,
        "trend": 43.626606,
        "fair_value": 46.269098,
        "relative_strength": -31.784143,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.515407,
        "energy": 64.149093,
        "activity_lines": [
          28.816631,
          29.626409,
          36.028076,
          39.870688
        ]
      },
      {
        "date": "2024-07-19",
        "close": 30.443506,
        "volume": 7764700,
        "typical_volume": 2756610.6,
        "trend": 43.031065,
        "fair_value": 46.162886,
        "relative_strength": -32.463775,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.552303,
        "energy": 55.742614,
        "activity_lines": [
          29.477046,
          29.42433,
          34.976275,
          39.020165
        ]
      },
      {
        "date": "2024-07-26",
        "close": 29.235432,
        "volume": 2845400,
        "typical_volume": 2759461.6,
        "trend": 42.360437,
        "fair_value": 46.050036,
        "relative_strength": -33.904352,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.970361,
        "energy": 49.011307,
        "activity_lines": [
          29.573692,
          29.226645,
          33.912527,
          38.130124
        ]
      },
      {
        "date": "2024-08-02",
        "close": 29.718662,
        "volume": 1066900,
        "typical_volume": 2676923.75,
        "trend": 41.819075,
        "fair_value": 45.941881,
        "relative_strength": -32.408577,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.505097,
        "energy": 42.92729,
        "activity_lines": [
          29.815308,
          29.274968,
          33.012988,
          37.314526
        ]
      },
      {
        "date": "2024-08-09",
        "close": 30.685122,
        "volume": 3794300,
        "typical_volume": 2825793.1,
        "trend": 41.336041,
        "fair_value": 45.841508,
        "relative_strength": -28.701822,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.612625,
        "energy": 40.916881,
        "activity_lines": [
          30.153569,
          29.551727,
          32.331326,
          36.596206
        ]
      },
      {
        "date": "2024-08-16",
        "close": 32.376427,
        "volume": 6363700,
        "typical_volume": 2967635.4,
        "trend": 40.970315,
        "fair_value": 45.753501,
        "relative_strength": -24.456188,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.960569,
        "energy": 35.254304,
        "activity_lines": [
          30.846199,
          30.131604,
          31.915807,
          36.018167
        ]
      },
      {
        "date": "2024-08-23",
        "close": 36.000656,
        "volume": 6970200,
        "typical_volume": 3284907.35,
        "trend": 40.647057,
        "fair_value": 45.690171,
        "relative_strength": -18.592341,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.604718,
        "energy": 22.201042,
        "activity_lines": [
          32.682474,
          31.317714,
          31.9263,
          35.697544
        ]
      },
      {
        "date": "2024-08-30",
        "close": 36.967117,
        "volume": 5319200,
        "typical_volume": 3512722.15,
        "trend": 40.282027,
        "fair_value": 45.633893,
        "relative_strength": -16.12517,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -2.296768,
        "energy": 18.874835,
        "activity_lines": [
          34.470426,
          32.534576,
          32.097399,
          35.460128
        ]
      },
      {
        "date": "2024-09-06",
        "close": 37.208729,
        "volume": 6674900,
        "typical_volume": 3801800.55,
        "trend": 39.903289,
        "fair_value": 45.579886,
        "relative_strength": -18.994742,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 6.583536,
        "energy": 25.77139,
        "activity_lines": [
          35.82347,
          33.650399,
          32.362308,
          35.261851
        ]
      },
      {
        "date": "2024-09-13",
        "close": 39.141651,
        "volume": 7155300,
        "typical_volume": 4109250.2,
        "trend": 39.501937,
        "fair_value": 45.734677,
        "relative_strength": -13.993937,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 15.568748,
        "energy": 33.795896,
        "activity_lines": [
          37.321484,
          34.919976,
          32.865411,
          35.212713
        ]
      },
      {
        "date": "2024-09-20",
        "close": 38.658421,
        "volume": 5782000,
        "typical_volume": 4332975.0,
        "trend": 39.006137,
        "fair_value": 45.883056,
        "relative_strength": -15.987746,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 11.510001,
        "energy": 40.367838,
        "activity_lines": [
          38.094652,
          35.89083,
          33.370502,
          35.158293
        ]
      },
      {
        "date": "2024-09-27",
        "close": 38.900036,
        "volume": 6415900,
        "typical_volume": 4564060.0,
        "trend": 38.566266,
        "fair_value": 46.019727,
        "relative_strength": -14.694622,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": 12.036523,
        "energy": 45.822268,
        "activity_lines": [
          38.529559,
          36.773823,
          33.951528,
          35.151447
        ]
      },
      {
        "date": "2024-10-04",
        "close": 38.900036,
        "volume": 4235900,
        "typical_volume": 4709515.0,
        "trend": 38.061111,
        "fair_value": 46.157226,
        "relative_strength": -13.746371,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 28.325774,
        "energy": 46.631696,
        "activity_lines": [
          38.771175,
          37.503061,
          34.550964,
          35.172981
        ]
      },
      {
        "date": "2024-10-11",
        "close": 37.691959,
        "volume": 2563200,
        "typical_volume": 4647260.0,
        "trend": 37.446052,
        "fair_value": 46.291124,
        "relative_strength": -17.275093,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.738084,
        "energy": 31.160289,
        "activity_lines": [
          38.481236,
          37.836929,
          35.030742,
          35.149165
        ]
      },
      {
        "date": "2024-10-18",
        "close": 36.725498,
        "volume": 2055100,
        "typical_volume": 4441120.0,
        "trend": 36.911935,
        "fair_value": 46.393141,
        "relative_strength": -19.720429,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.800243,
        "energy": 24.069483,
        "activity_lines": [
          37.836928,
          37.850108,
          35.394315,
          35.102677
        ]
      },
      {
        "date": "2024-10-25",
        "close": 37.208729,
        "volume": 2850800,
        "typical_volume": 4475305.0,
        "trend": 36.507083,
        "fair_value": 46.48914,
        "relative_strength": -16.46037,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 16.563245,
        "energy": 18.280873,
        "activity_lines": [
          37.514775,
          37.841322,
          35.773996,
          35.121825
        ]
      },
      {
        "date": "2024-11-01",
        "close": 40.108112,
        "volume": 4351000,
        "typical_volume": 4573870.0,
        "trend": 36.16406,
        "fair_value": 46.610354,
        "relative_strength": -9.417224,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.836319,
        "energy": 23.681505,
        "activity_lines": [
          38.255728,
          38.271836,
          36.392991,
          35.35415
        ]
      },
      {
        "date": "2024-11-08",
        "close": 43.007492,
        "volume": 6464900,
        "typical_volume": 4665145.0,
        "trend": 35.869808,
        "fair_value": 46.728611,
        "relative_strength": -2.533722,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 51.414088,
        "energy": 52.956143,
        "activity_lines": [
          39.882603,
          39.154829,
          37.23059,
          35.795662
        ]
      },
      {
        "date": "2024-11-15",
        "close": 41.316189,
        "volume": 4973100,
        "typical_volume": 4763655.0,
        "trend": 35.627986,
        "fair_value": 46.829397,
        "relative_strength": -4.493777,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.281102,
        "energy": 69.564129,
        "activity_lines": [
          40.67188,
          39.620488,
          37.840381,
          36.147041
        ]
      },
      {
        "date": "2024-11-22",
        "close": 41.5578,
        "volume": 2474700,
        "typical_volume": 4746990.0,
        "trend": 35.372456,
        "fair_value": 46.925932,
        "relative_strength": -3.691601,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.20388,
        "energy": 74.856456,
        "activity_lines": [
          41.300079,
          40.055395,
          38.401848,
          36.52961
        ]
      },
      {
        "date": "2024-11-29",
        "close": 42.041031,
        "volume": 2870700,
        "typical_volume": 4649595.0,
        "trend": 35.114733,
        "fair_value": 47.017278,
        "relative_strength": -0.924926,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.321629,
        "energy": 74.407063,
        "activity_lines": [
          41.767201,
          40.534232,
          38.942606,
          36.95984
        ]
      },
      {
        "date": "2024-12-06",
        "close": 41.799419,
        "volume": 1957400,
        "typical_volume": 4359230.0,
        "trend": 35.082517,
        "fair_value": 47.107905,
        "relative_strength": -2.773344,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.282027,
        "energy": 56.326077,
        "activity_lines": [
          41.831633,
          40.907638,
          39.409729,
          37.39111
        ]
      },
      {
        "date": "2024-12-13",
        "close": 39.866497,
        "volume": 1640100,
        "typical_volume": 4298965.0,
        "trend": 35.146948,
        "fair_value": 47.167911,
        "relative_strength": -5.561771,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.325902,
        "energy": 43.519058,
        "activity_lines": [
          41.139003,
          40.876887,
          39.638688,
          37.699754
        ]
      },
      {
        "date": "2024-12-20",
        "close": 36.967117,
        "volume": 3333200,
        "typical_volume": 4412280.0,
        "trend": 35.291917,
        "fair_value": 47.197732,
        "relative_strength": -7.718138,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 31.396581,
        "energy": 21.170933,
        "activity_lines": [
          39.689313,
          40.301404,
          39.540891,
          37.817185
        ]
      },
      {
        "date": "2024-12-27",
        "close": 37.691959,
        "volume": 900100,
        "typical_volume": 4267570.0,
        "trend": 35.533532,
        "fair_value": 47.170054,
        "relative_strength": -7.87106,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.667932,
        "energy": 20.388776,
        "activity_lines": [
          38.771175,
          39.87089,
          39.477611,
          37.972026
        ]
      },
      {
        "date": "2025-01-03",
        "close": 36.242268,
        "volume": 1979500,
        "typical_volume": 4048360.0,
        "trend": 35.759039,
        "fair_value": 47.138056,
        "relative_strength": -9.989603,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.887302,
        "energy": 18.401967,
        "activity_lines": [
          37.627529,
          39.159223,
          39.242899,
          38.017751
        ]
      },
      {
        "date": "2025-01-10",
        "close": 35.034195,
        "volume": 3053800,
        "typical_volume": 3852540.0,
        "trend": 35.992601,
        "fair_value": 47.120685,
        "relative_strength": -11.551849,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -11.841235,
        "energy": 27.257644,
        "activity_lines": [
          36.467777,
          38.245479,
          38.874724,
          37.970987
        ]
      },
      {
        "date": "2025-01-17",
        "close": 34.550964,
        "volume": 4292300,
        "typical_volume": 3801195.0,
        "trend": 36.177839,
        "fair_value": 47.112645,
        "relative_strength": -10.6604,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -30.348696,
        "energy": 36.309903,
        "activity_lines": [
          35.597963,
          37.336127,
          38.465129,
          37.877978
        ]
      },
      {
        "date": "2025-01-24",
        "close": 37.208729,
        "volume": 3667400,
        "typical_volume": 3650820.0,
        "trend": 36.540261,
        "fair_value": 47.148986,
        "relative_strength": -4.365512,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.101982,
        "energy": 29.250903,
        "activity_lines": [
          35.968439,
          37.063761,
          38.320159,
          37.944487
        ]
      },
      {
        "date": "2025-01-31",
        "close": 34.79258,
        "volume": 2899700,
        "typical_volume": 3438040.0,
        "trend": 36.781877,
        "fair_value": 47.170668,
        "relative_strength": -7.378248,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.678182,
        "energy": 38.7067,
        "activity_lines": [
          35.517424,
          36.426776,
          37.945081,
          37.831733
        ]
      },
      {
        "date": "2025-02-07",
        "close": 33.101276,
        "volume": 4401000,
        "typical_volume": 3368990.0,
        "trend": 36.838254,
        "fair_value": 47.214651,
        "relative_strength": -9.09238,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.067123,
        "energy": 42.211353,
        "activity_lines": [
          34.695934,
          35.605285,
          37.429636,
          37.594275
        ]
      },
      {
        "date": "2025-02-14",
        "close": 32.376427,
        "volume": 1638300,
        "typical_volume": 3130110.0,
        "trend": 36.902684,
        "fair_value": 47.247359,
        "relative_strength": -9.683353,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.235513,
        "energy": 50.136834,
        "activity_lines": [
          33.842227,
          34.814544,
          36.87162,
          37.306415
        ]
      },
      {
        "date": "2025-02-21",
        "close": 35.27581,
        "volume": 3904500,
        "typical_volume": 3113540.0,
        "trend": 37.10403,
        "fair_value": 47.287882,
        "relative_strength": 1.138007,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.038643,
        "energy": 45.003844,
        "activity_lines": [
          34.132165,
          34.722291,
          36.6208,
          37.201456
        ]
      },
      {
        "date": "2025-02-28",
        "close": 32.618046,
        "volume": 2276200,
        "typical_volume": 3099190.0,
        "trend": 37.200676,
        "fair_value": 47.299767,
        "relative_strength": -2.443508,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -66.382567,
        "energy": 60.348251,
        "activity_lines": [
          33.487859,
          34.230276,
          36.134119,
          36.912037
        ]
      },
      {
        "date": "2025-03-07",
        "close": 32.134815,
        "volume": 2323600,
        "typical_volume": 3112615.0,
        "trend": 37.248999,
        "fair_value": 47.323469,
        "relative_strength": -2.930072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.932181,
        "energy": 55.879268,
        "activity_lines": [
          32.988521,
          33.729474,
          35.625577,
          36.585208
        ]
      },
      {
        "date": "2025-03-14",
        "close": 28.752201,
        "volume": 2242900,
        "typical_volume": 3082220.0,
        "trend": 37.128192,
        "fair_value": 47.308916,
        "relative_strength": -10.050518,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.835379,
        "energy": 64.052739,
        "activity_lines": [
          31.53883,
          32.71469,
          34.816741,
          36.037027
        ]
      },
      {
        "date": "2025-03-21",
        "close": 28.752201,
        "volume": 1695900,
        "typical_volume": 2949465.0,
        "trend": 36.886577,
        "fair_value": 47.267019,
        "relative_strength": -10.138447,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.769765,
        "energy": 78.710976,
        "activity_lines": [
          30.379077,
          31.836089,
          34.048175,
          35.496641
        ]
      },
      {
        "date": "2025-03-28",
        "close": 28.26897,
        "volume": 707600,
        "typical_volume": 2661600.0,
        "trend": 36.596639,
        "fair_value": 47.222853,
        "relative_strength": -10.055005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.640256,
        "energy": 81.107189,
        "activity_lines": [
          29.299862,
          30.983847,
          33.287662,
          34.940666
        ]
      },
      {
        "date": "2025-04-04",
        "close": 26.819281,
        "volume": 1265400,
        "typical_volume": 2476215.0,
        "trend": 36.250324,
        "fair_value": 47.188452,
        "relative_strength": -10.029018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.49697,
        "energy": 88.785809,
        "activity_lines": [
          28.20454,
          29.982242,
          32.459268,
          34.309869
        ]
      },
      {
        "date": "2025-04-11",
        "close": 24.161514,
        "volume": 2114300,
        "typical_volume": 2458195.0,
        "trend": 35.750986,
        "fair_value": 47.130386,
        "relative_strength": -18.260439,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.598927,
        "energy": 92.803337,
        "activity_lines": [
          26.60988,
          28.686307,
          31.446785,
          33.529946
        ]
      },
      {
        "date": "2025-04-18",
        "close": 28.26897,
        "volume": 1831300,
        "typical_volume": 2406225.0,
        "trend": 35.404671,
        "fair_value": 47.098649,
        "relative_strength": -5.390066,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.536968,
        "energy": 79.530711,
        "activity_lines": [
          26.915926,
          28.330473,
          30.908329,
          33.047235
        ]
      },
      {
        "date": "2025-04-25",
        "close": 27.78574,
        "volume": 2245400,
        "typical_volume": 2420625.0,
        "trend": 35.034194,
        "fair_value": 47.058843,
        "relative_strength": -6.809543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.509121,
        "energy": 67.200157,
        "activity_lines": [
          27.09311,
          27.97464,
          30.389431,
          32.555691
        ]
      },
      {
        "date": "2025-05-02",
        "close": 28.486958,
        "volume": 1715100,
        "typical_volume": 2424375.0,
        "trend": 34.687092,
        "fair_value": 47.042223,
        "relative_strength": -6.767304,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.135178,
        "energy": 53.410579,
        "activity_lines": [
          27.568465,
          27.829768,
          30.004049,
          32.133289
        ]
      },
      {
        "date": "2025-05-09",
        "close": 22.107828,
        "volume": 10514300,
        "typical_volume": 2783430.0,
        "trend": 34.167621,
        "fair_value": 46.98471,
        "relative_strength": -27.65454,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.077333,
        "energy": 61.515555,
        "activity_lines": [
          25.90291,
          26.648487,
          29.065318,
          31.321723
        ]
      },
      {
        "date": "2025-05-16",
        "close": 21.913044,
        "volume": 3867800,
        "typical_volume": 2931815.0,
        "trend": 33.673872,
        "fair_value": 46.914279,
        "relative_strength": -26.874616,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.32442,
        "energy": 66.606875,
        "activity_lines": [
          24.486524,
          25.622887,
          28.178795,
          30.531105
        ]
      },
      {
        "date": "2025-05-23",
        "close": 21.328695,
        "volume": 3725200,
        "typical_volume": 3019100.0,
        "trend": 33.144538,
        "fair_value": 46.826765,
        "relative_strength": -27.328233,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.841628,
        "energy": 86.694994,
        "activity_lines": [
          23.025253,
          24.676891,
          27.311757,
          29.734642
        ]
      },
      {
        "date": "2025-05-30",
        "close": 20.354782,
        "volume": 2221300,
        "typical_volume": 2977475.0,
        "trend": 32.486093,
        "fair_value": 46.725505,
        "relative_strength": -28.736499,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.752143,
        "energy": 91.330502,
        "activity_lines": [
          21.702029,
          23.688793,
          26.422983,
          28.909497
        ]
      },
      {
        "date": "2025-06-06",
        "close": 20.84174,
        "volume": 453600,
        "typical_volume": 2785540.0,
        "trend": 31.747235,
        "fair_value": 46.611529,
        "relative_strength": -25.996649,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.948902,
        "energy": 88.061323,
        "activity_lines": [
          21.036522,
          22.941914,
          25.650487,
          28.158248
        ]
      },
      {
        "date": "2025-06-13",
        "close": 18.991304,
        "volume": 1488400,
        "typical_volume": 2676590.0,
        "trend": 31.003072,
        "fair_value": 46.510699,
        "relative_strength": -31.501288,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.943426,
        "energy": 92.052266,
        "activity_lines": [
          20.263884,
          21.993631,
          24.767042,
          27.335285
        ]
      },
      {
        "date": "2025-06-20",
        "close": 17.725218,
        "volume": 1715000,
        "typical_volume": 2617355.0,
        "trend": 30.208653,
        "fair_value": 46.397584,
        "relative_strength": -32.476153,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.374799,
        "energy": 90.922558,
        "activity_lines": [
          19.276986,
          20.957479,
          23.849767,
          26.478649
        ]
      },
      {
        "date": "2025-06-27",
        "close": 18.212175,
        "volume": 2310700,
        "typical_volume": 2512840.0,
        "trend": 29.414357,
        "fair_value": 46.287591,
        "relative_strength": -31.385648,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.516877,
        "energy": 77.501958,
        "activity_lines": [
          18.731595,
          20.126887,
          23.060141,
          25.704683
        ]
      },
      {
        "date": "2025-07-04",
        "close": 19.965218,
        "volume": 2487200,
        "typical_volume": 2555285.0,
        "trend": 28.686551,
        "fair_value": 46.206341,
        "relative_strength": -27.120006,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.27087,
        "energy": 66.075724,
        "activity_lines": [
          18.978319,
          19.797882,
          22.508373,
          25.095061
        ]
      },
      {
        "date": "2025-07-11",
        "close": 18.212175,
        "volume": 3306800,
        "typical_volume": 2525400.0,
        "trend": 27.96474,
        "fair_value": 46.123857,
        "relative_strength": -33.204558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.806717,
        "energy": 67.061795,
        "activity_lines": [
          18.666667,
          19.292333,
          21.848749,
          24.419295
        ]
      },
      {
        "date": "2025-07-18",
        "close": 19.770435,
        "volume": 8991800,
        "typical_volume": 2861180.0,
        "trend": 27.391517,
        "fair_value": 46.033856,
        "relative_strength": -32.264284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.187725,
        "energy": 61.648274,
        "activity_lines": [
          19.04974,
          19.256917,
          21.418786,
          23.89063
        ]
      },
      {
        "date": "2025-07-25",
        "close": 20.354782,
        "volume": 9716900,
        "typical_volume": 3230845.0,
        "trend": 26.813611,
        "fair_value": 45.937598,
        "relative_strength": -30.556427,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.692061,
        "energy": 48.673662,
        "activity_lines": [
          19.575652,
          19.370245,
          21.105655,
          23.436647
        ]
      },
      {
        "date": "2025-08-01",
        "close": 19.965218,
        "volume": 10910800,
        "typical_volume": 3664240.0,
        "trend": 26.271043,
        "fair_value": 45.808833,
        "relative_strength": -31.610372,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.682081,
        "energy": 43.448705,
        "activity_lines": [
          19.796406,
          19.441075,
          20.811517,
          22.994815
        ]
      },
      {
        "date": "2025-08-08",
        "close": 22.302608,
        "volume": 15025400,
        "typical_volume": 4330715.0,
        "trend": 25.846657,
        "fair_value": 45.688383,
        "relative_strength": -25.721433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.341871,
        "energy": 27.688992,
        "activity_lines": [
          20.67942,
          19.961676,
          20.781831,
          22.738787
        ]
      },
      {
        "date": "2025-08-15",
        "close": 20.744349,
        "volume": 10016100,
        "typical_volume": 4796140.0,
        "trend": 25.386436,
        "fair_value": 45.535437,
        "relative_strength": -30.460686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.654623,
        "energy": 24.736915,
        "activity_lines": [
          20.887189,
          20.163542,
          20.634452,
          22.409606
        ]
      },
      {
        "date": "2025-08-22",
        "close": 20.549566,
        "volume": 6825800,
        "typical_volume": 5074160.0,
        "trend": 24.831131,
        "fair_value": 45.342897,
        "relative_strength": -30.205594,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.591208,
        "energy": 20.698648,
        "activity_lines": [
          20.861218,
          20.331763,
          20.504353,
          22.09755
        ]
      },
      {
        "date": "2025-08-29",
        "close": 20.062611,
        "volume": 5282000,
        "typical_volume": 5232545.0,
        "trend": 24.340132,
        "fair_value": 45.152237,
        "relative_strength": -30.30862,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.3366,
        "energy": 17.231787,
        "activity_lines": [
          20.620987,
          20.383115,
          20.357734,
          21.789903
        ]
      },
      {
        "date": "2025-09-05",
        "close": 21.133915,
        "volume": 6821700,
        "typical_volume": 5482065.0,
        "trend": 23.94122,
        "fair_value": 44.889253,
        "relative_strength": -27.664538,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.762321,
        "energy": 17.745075,
        "activity_lines": [
          20.757335,
          20.586752,
          20.332662,
          21.583051
        ]
      },
      {
        "date": "2025-09-12",
        "close": 20.939131,
        "volume": 7724300,
        "typical_volume": 5756010.0,
        "trend": 23.559977,
        "fair_value": 44.653363,
        "relative_strength": -29.262858,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.470493,
        "energy": 16.887952,
        "activity_lines": [
          20.750842,
          20.701851,
          20.323015,
          21.389368
        ]
      },
      {
        "date": "2025-09-19",
        "close": 20.646957,
        "volume": 5359400,
        "typical_volume": 5938225.0,
        "trend": 23.072348,
        "fair_value": 44.400595,
        "relative_strength": -29.570468,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.128656,
        "energy": 18.299415,
        "activity_lines": [
          20.737856,
          20.746119,
          20.318146,
          21.201431
        ]
      },
      {
        "date": "2025-09-26",
        "close": 21.328695,
        "volume": 6455500,
        "typical_volume": 5735285.0,
        "trend": 22.696037,
        "fair_value": 44.182206,
        "relative_strength": -25.811293,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.670881,
        "energy": 8.592981,
        "activity_lines": [
          20.958609,
          20.870072,
          20.415537,
          21.088937
        ]
      },
      {
        "date": "2025-10-03",
        "close": 21.133915,
        "volume": 14544300,
        "typical_volume": 6269110.0,
        "trend": 22.32934,
        "fair_value": 43.949232,
        "relative_strength": -26.669103,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.746797,
        "energy": 8.144411,
        "activity_lines": [
          21.062494,
          20.930278,
          20.498088,
          20.988155
        ]
      },
      {
        "date": "2025-10-10",
        "close": 21.133915,
        "volume": 3509500,
        "typical_volume": 6258325.0,
        "trend": 22.075397,
        "fair_value": 43.73793,
        "relative_strength": -25.700154,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.729616,
        "energy": 7.675847,
        "activity_lines": [
          21.094958,
          20.976317,
          20.584349,
          20.911031
        ]
      },
      {
        "date": "2025-10-17",
        "close": 20.062611,
        "volume": 3007200,
        "typical_volume": 6297620.0,
        "trend": 21.785744,
        "fair_value": 43.501423,
        "relative_strength": -28.225486,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.339241,
        "energy": 12.173207,
        "activity_lines": [
          20.77032,
          20.806325,
          20.569508,
          20.781174
        ]
      },
      {
        "date": "2025-10-24",
        "close": 20.062611,
        "volume": 1192600,
        "typical_volume": 6334570.0,
        "trend": 21.512199,
        "fair_value": 43.234906,
        "relative_strength": -29.746615,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.515877,
        "energy": 17.331934,
        "activity_lines": [
          20.504118,
          20.677061,
          20.556059,
          20.670004
        ]
      },
      {
        "date": "2025-10-31",
        "close": 18.212175,
        "volume": 3366800,
        "typical_volume": 6428490.0,
        "trend": 21.225295,
        "fair_value": 42.934854,
        "relative_strength": -35.238813,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.991267,
        "energy": 45.890804,
        "activity_lines": [
          19.66006,
          20.223749,
          20.370088,
          20.457099
        ]
      },
      {
        "date": "2025-11-07",
        "close": 17.92,
        "volume": 1340200,
        "typical_volume": 6409750.0,
        "trend": 21.017245,
        "fair_value": 42.627927,
        "relative_strength": -35.047591,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.459633,
        "energy": 68.41729,
        "activity_lines": [
          18.926378,
          19.759812,
          20.160001,
          20.243854
        ]
      },
      {
        "date": "2025-11-14",
        "close": 17.433044,
        "volume": 2703500,
        "typical_volume": 6429390.0,
        "trend": 20.656047,
        "fair_value": 42.362893,
        "relative_strength": -34.247377,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.80964,
        "energy": 78.239564,
        "activity_lines": [
          18.244639,
          19.246294,
          19.90261,
          20.012615
        ]
      },
      {
        "date": "2025-11-21",
        "close": 15.485217,
        "volume": 2862800,
        "typical_volume": 6448170.0,
        "trend": 20.24603,
        "fair_value": 42.093708,
        "relative_strength": -39.996795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.745264,
        "energy": 89.580298,
        "activity_lines": [
          17.160348,
          18.445914,
          19.463421,
          19.679013
        ]
      },
      {
        "date": "2025-11-28",
        "close": 15.095653,
        "volume": 2167500,
        "typical_volume": 6391205.0,
        "trend": 19.799653,
        "fair_value": 41.79035,
        "relative_strength": -40.645427,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.042204,
        "energy": 92.783576,
        "activity_lines": [
          16.251363,
          17.673866,
          19.008465,
          19.346731
        ]
      },
      {
        "date": "2025-12-05",
        "close": 14.803478,
        "volume": 714800,
        "typical_volume": 5977355.0,
        "trend": 19.556175,
        "fair_value": 41.481785,
        "relative_strength": -41.622458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.237791,
        "energy": 92.863006,
        "activity_lines": [
          15.576116,
          16.949629,
          18.540523,
          19.024397
        ]
      },
      {
        "date": "2025-12-12",
        "close": 14.706088,
        "volume": 964400,
        "typical_volume": 5539730.0,
        "trend": 19.315943,
        "fair_value": 41.114244,
        "relative_strength": -40.1652,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.613902,
        "energy": 91.053956,
        "activity_lines": [
          15.095653,
          16.326325,
          18.086957,
          18.711488
        ]
      },
      {
        "date": "2025-12-19",
        "close": 15.095653,
        "volume": 3243500,
        "typical_volume": 5156365.0,
        "trend": 19.108175,
        "fair_value": 40.785878,
        "relative_strength": -37.56597,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.877296,
        "energy": 86.72918,
        "activity_lines": [
          14.959305,
          15.89072,
          17.697392,
          18.439212
        ]
      },
      {
        "date": "2025-12-26",
        "close": 14.99826,
        "volume": 2617700,
        "typical_volume": 4535980.0,
        "trend": 18.929624,
        "fair_value": 40.436882,
        "relative_strength": -37.382075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.160706,
        "energy": 81.282175,
        "activity_lines": [
          14.946319,
          15.547194,
          17.32174,
          18.174056
        ]
      },
      {
        "date": "2026-01-02",
        "close": 14.90087,
        "volume": 342900,
        "typical_volume": 4052320.0,
        "trend": 18.731595,
        "fair_value": 40.110601,
        "relative_strength": -36.894307,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.574313,
        "energy": 74.095984,
        "activity_lines": [
          14.933334,
          15.27804,
          16.971595,
          17.914136
        ]
      },
      {
        "date": "2026-01-09",
        "close": 14.219131,
        "volume": 2923700,
        "typical_volume": 3857215.0,
        "trend": 18.572522,
        "fair_value": 39.784953,
        "relative_strength": -38.614775,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.802003,
        "energy": 67.521194,
        "activity_lines": [
          14.706087,
          14.978783,
          16.584348,
          17.62301
        ]
      },
      {
        "date": "2026-01-16",
        "close": 13.829565,
        "volume": 3589800,
        "typical_volume": 3772605.0,
        "trend": 18.442667,
        "fair_value": 39.451805,
        "relative_strength": -40.376473,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.535075,
        "energy": 67.52741,
        "activity_lines": [
          14.387942,
          14.681297,
          16.190145,
          17.317012
        ]
      },
      {
        "date": "2026-01-23",
        "close": 14.219131,
        "volume": 1825800,
        "typical_volume": 3522810.0,
        "trend": 18.309566,
        "fair_value": 39.099482,
        "relative_strength": -39.438967,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.509604,
        "energy": 63.054363,
        "activity_lines": [
          14.258087,
          14.529012,
          15.862725,
          17.044526
        ]
      },
      {
        "date": "2026-01-30",
        "close": 14.706088,
        "volume": 1917900,
        "typical_volume": 3232490.0,
        "trend": 18.134262,
        "fair_value": 38.728606,
        "relative_strength": -36.850332,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.423952,
        "energy": 62.288526,
        "activity_lines": [
          14.348986,
          14.5237,
          15.614609,
          16.812044
        ]
      },
      {
        "date": "2026-02-06",
        "close": 14.511305,
        "volume": 1947700,
        "typical_volume": 3061905.0,
        "trend": 18.010899,
        "fair_value": 38.396495,
        "relative_strength": -37.967857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.254639,
        "energy": 58.433002,
        "activity_lines": [
          14.394435,
          14.497139,
          15.377624,
          16.578305
        ]
      },
      {
        "date": "2026-02-13",
        "close": 17.433044,
        "volume": 10750000,
        "typical_volume": 3276630.0,
        "trend": 17.932986,
        "fair_value": 38.136462,
        "relative_strength": -28.401414,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.301372,
        "energy": 20.551123,
        "activity_lines": [
          15.439769,
          15.012427,
          15.448116,
          16.541024
        ]
      },
      {
        "date": "2026-02-20",
        "close": 20.84174,
        "volume": 20519400,
        "typical_volume": 3575385.0,
        "trend": 17.949218,
        "fair_value": 37.883275,
        "relative_strength": -15.902404,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 26.256601,
        "energy": 38.742071,
        "activity_lines": [
          17.407073,
          16.099669,
          15.861798,
          16.728685
        ]
      },
      {
        "date": "2026-02-27",
        "close": 22.107828,
        "volume": 15080500,
        "typical_volume": 4153935.0,
        "trend": 18.020638,
        "fair_value": 37.638205,
        "relative_strength": -12.356419,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 54.10017,
        "energy": 60.668755,
        "activity_lines": [
          19.328929,
          17.30555,
          16.39745,
          16.996982
        ]
      },
      {
        "date": "2026-03-06",
        "close": 19.575653,
        "volume": 10562500,
        "typical_volume": 4531700.0,
        "trend": 17.92974,
        "fair_value": 37.376902,
        "relative_strength": -14.6295,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 28.4198,
        "energy": 51.163377,
        "activity_lines": [
          19.880813,
          17.923542,
          16.687305,
          17.097306
        ]
      },
      {
        "date": "2026-03-13",
        "close": 19.478262,
        "volume": 11833600,
        "typical_volume": 5063750.0,
        "trend": 17.887537,
        "fair_value": 37.138316,
        "relative_strength": -13.905655,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 28.218825,
        "energy": 64.1738,
        "activity_lines": [
          20.075595,
          18.440602,
          16.970204,
          17.197211
        ]
      },
      {
        "date": "2026-03-20",
        "close": 18.212175,
        "volume": 7653200,
        "typical_volume": 5278070.0,
        "trend": 17.809624,
        "fair_value": 36.894948,
        "relative_strength": -19.721764,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 25.731909,
        "energy": 46.023086,
        "activity_lines": [
          19.517219,
          18.644238,
          17.135305,
          17.218155
        ]
      },
      {
        "date": "2026-03-27",
        "close": 17.92,
        "volume": 6325600,
        "typical_volume": 5527340.0,
        "trend": 17.738204,
        "fair_value": 36.633035,
        "relative_strength": -20.652762,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.415666,
        "energy": 24.627609,
        "activity_lines": [
          18.809508,
          18.722151,
          17.27258,
          17.225276
        ]
      },
      {
        "date": "2026-04-03",
        "close": 18.60174,
        "volume": 8424500,
        "typical_volume": 5813390.0,
        "trend": 17.653798,
        "fair_value": 36.392165,
        "relative_strength": -16.897198,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 12.073496,
        "energy": 13.324049,
        "activity_lines": [
          18.523827,
          18.849645,
          17.474783,
          17.280988
        ]
      },
      {
        "date": "2026-04-10",
        "close": 18.60174,
        "volume": 4920700,
        "typical_volume": 5916285.0,
        "trend": 17.575885,
        "fair_value": 36.151294,
        "relative_strength": -18.893172,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 8.488899,
        "energy": 11.032253,
        "activity_lines": [
          18.471885,
          18.897455,
          17.671421,
          17.342146
        ]
      },
      {
        "date": "2026-04-17",
        "close": 18.991304,
        "volume": 2069700,
        "typical_volume": 5911395.0,
        "trend": 17.520696,
        "fair_value": 35.946265,
        "relative_strength": -14.563803,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 11.623618,
        "energy": 12.569193,
        "activity_lines": [
          18.614725,
          18.945265,
          17.890319,
          17.433463
        ]
      },
      {
        "date": "2026-04-24",
        "close": 17.92,
        "volume": 2783100,
        "typical_volume": 6014810.0,
        "trend": 17.407073,
        "fair_value": 35.745204,
        "relative_strength": -16.677648,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.608011,
        "energy": 20.771317,
        "activity_lines": [
          18.432928,
          18.716838,
          17.988638,
          17.459225
        ]
      },
      {
        "date": "2026-05-01",
        "close": 18.5,
        "volume": 2859300,
        "typical_volume": 6109555.0,
        "trend": 17.319276,
        "fair_value": 35.548696,
        "relative_strength": -14.885125,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.549076,
        "energy": 19.564647,
        "activity_lines": [
          18.463942,
          18.585012,
          18.127355,
          17.529736
        ]
      },
      {
        "date": "2026-05-08",
        "close": 18.200001,
        "volume": 6702700,
        "typical_volume": 6282515.0,
        "trend": 17.221479,
        "fair_value": 35.330575,
        "relative_strength": -15.957171,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.15502,
        "energy": 16.290869,
        "activity_lines": [
          18.35629,
          18.441218,
          18.219433,
          17.586557
        ]
      },
      {
        "date": "2026-05-15",
        "close": 16.9,
        "volume": 8517600,
        "typical_volume": 6577510.0,
        "trend": 17.116059,
        "fair_value": 35.130068,
        "relative_strength": -22.118266,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.320434,
        "energy": 10.598199,
        "activity_lines": [
          17.842087,
          18.132111,
          18.17292,
          17.565816
        ]
      },
      {
        "date": "2026-05-22",
        "close": 16.5,
        "volume": 9489500,
        "typical_volume": 7034840.0,
        "trend": 16.997305,
        "fair_value": 34.912768,
        "relative_strength": -24.230528,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.692212,
        "energy": 13.307311,
        "activity_lines": [
          17.308,
          17.798925,
          18.079255,
          17.526071
        ]
      },
      {
        "date": "2026-05-29",
        "close": 17.200001,
        "volume": 15506200,
        "typical_volume": 7663965.0,
        "trend": 16.963566,
        "fair_value": 34.636346,
        "relative_strength": -21.794946,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 6.124399,
        "energy": 17.408331,
        "activity_lines": [
          17.173334,
          17.647162,
          18.044642,
          17.539148
        ]
      },
      {
        "date": "2026-06-05",
        "close": 20.4,
        "volume": 14174400,
        "typical_volume": 8193195.0,
        "trend": 17.046232,
        "fair_value": 34.363697,
        "relative_strength": -7.387066,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.729871,
        "energy": 21.799312,
        "activity_lines": [
          18.153334,
          18.095621,
          18.300597,
          17.760853
        ]
      },
      {
        "date": "2026-06-12",
        "close": 18.9,
        "volume": 3074900,
        "typical_volume": 8255650.0,
        "trend": 17.095131,
        "fair_value": 34.09315,
        "relative_strength": -14.126612,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 38.744118,
        "energy": 26.444069,
        "activity_lines": [
          18.506667,
          18.226261,
          18.382406,
          17.880451
        ]
      },
      {
        "date": "2026-06-19",
        "close": 19.1,
        "volume": 1568700,
        "typical_volume": 8238190.0,
        "trend": 17.215624,
        "fair_value": 33.848994,
        "relative_strength": -11.570838,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 43.448072,
        "energy": 39.519345,
        "activity_lines": [
          18.88,
          18.387842,
          18.460973,
          18.009798
        ]
      },
      {
        "date": "2026-06-26",
        "close": 18.4,
        "volume": 1106000,
        "typical_volume": 8196105.0,
        "trend": 17.325769,
        "fair_value": 33.608721,
        "relative_strength": -12.546453,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 41.890267,
        "energy": 35.904046,
        "activity_lines": [
          18.873333,
          18.413091,
          18.451951,
          18.086209
        ]
      },
      {
        "date": "2026-07-03",
        "close": 19.1,
        "volume": 2978600,
        "typical_volume": 7807535.0,
        "trend": 17.468986,
        "fair_value": 33.354522,
        "relative_strength": -12.365621,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 54.088344,
        "energy": 43.83626,
        "activity_lines": [
          18.973333,
          18.576364,
          18.491077,
          18.200675
        ]
      },
      {
        "date": "2026-07-10",
        "close": 21.200001,
        "volume": 25363000,
        "typical_volume": 8049715.0,
        "trend": 17.68545,
        "fair_value": 33.105415,
        "relative_strength": -2.908827,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.473362,
        "energy": 64.365368,
        "activity_lines": [
          19.646667,
          19.1,
          18.722265,
          18.441386
        ]
      },
      {
        "date": "2026-07-17",
        "close": 21.1,
        "volume": 19533200,
        "typical_volume": 8272350.0,
        "trend": 17.885595,
        "fair_value": 32.838927,
        "relative_strength": -3.91603,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.12199,
        "energy": 66.787332,
        "activity_lines": [
          20.233334,
          19.556364,
          18.942224,
          18.66168
        ]
      },
      {
        "date": "2026-07-24",
        "close": 22.1,
        "volume": 20398700,
        "typical_volume": 8764160.0,
        "trend": 18.122319,
        "fair_value": 32.560436,
        "relative_strength": 0.826803,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.554368,
        "energy": 78.22784,
        "activity_lines": [
          21.006667,
          20.141818,
          19.26222,
          18.933577
        ]
      },
      {
        "date": "2026-07-31",
        "close": 23.4,
        "volume": 10995100,
        "typical_volume": 8722235.0,
        "trend": 18.405624,
        "fair_value": 32.308692,
        "relative_strength": 8.273872,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.786011,
        "energy": 85.72725,
        "activity_lines": [
          22.013333,
          20.869091,
          19.694004,
          19.274072
        ]
      },
      {
        "date": "2026-08-07",
        "close": 21.5,
        "volume": 16267700,
        "typical_volume": 9152960.0,
        "trend": 18.648319,
        "fair_value": 32.05816,
        "relative_strength": 0.79678,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.753491,
        "energy": 72.954119,
        "activity_lines": [
          22.053333,
          21.125455,
          19.926162,
          19.47371
        ]
      }
    ],
    "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."
    }
  }
}