{
  "ticker": {
    "uuid": "8c1b355f-887b-401a-a25c-7a4dd7c387cf",
    "symbol": "1586",
    "name": "China Fineblanking Technology Co.,Ltd.",
    "exchange": "TWO",
    "country": "TW",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -62.993,
    "architecture_energy": 55.162,
    "architecture_maturity": 89.133,
    "architecture_confidence": 90.098,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 9.61,
        "rotation_up": 24.14,
        "upward_expansion": 9.07,
        "deceleration": 60.34,
        "rotation_down": 56.04,
        "downward_expansion": 82.41
      },
      "activity_lines": [
        18.586667,
        18.819227,
        19.878963,
        20.719155
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 19.200001,
    "trend_reference": 22.080249,
    "distance_from_trend": -0.130445,
    "trend_direction": "Weakening",
    "fair_value": 28.283885,
    "distance_from_fair_value": -0.321168,
    "fair_value_direction": "Weakening",
    "relative_strength": -44.967363,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.228916,
    "excess_performance": -0.670288,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.130445,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.104613,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.321168,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.071516,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.449674,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.012399,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.228916,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.005969,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3497222,
      "relative_activity": 1.442828,
      "balance": 1.005969,
      "dry_up": 1.725851,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.066763,
      "annualized_volatility": 0.244243,
      "from_high_reference": -0.383628,
      "from_low_reference": 0.094017
    },
    "levels": {
      "trend_reference": 22.080249,
      "fair_value_reference": 28.283885,
      "structural_low": 17.549999,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 39,
        "median_return": -0.001477,
        "positive_rate": 0.435897,
        "directional_follow_through": 0.512821,
        "median_excess_return": -0.02591,
        "regime_survival": 0.717949,
        "best_return": 0.152174,
        "worst_return": -0.15493,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 13,
        "median_return": -0.006647,
        "positive_rate": 0.461538,
        "directional_follow_through": 0.538462,
        "median_excess_return": -0.001674,
        "regime_survival": 0.461538,
        "best_return": 0.148728,
        "worst_return": -0.121212,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.009419,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.050299,
        "regime_survival": 0.142857,
        "best_return": 0.046985,
        "worst_return": -0.10972,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.052283,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.281714,
        "regime_survival": 0.5,
        "best_return": 0.018986,
        "worst_return": -0.168377,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-02",
        "end": "2024-08-16",
        "tenure": "New",
        "return": -0.059172,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-23",
        "end": "2024-11-22",
        "tenure": "Established",
        "return": -0.027796,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-29",
        "end": "2025-02-28",
        "tenure": "Established",
        "return": 0.070707,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-03-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.0625,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-11",
        "end": "2025-04-11",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-05-30",
        "tenure": "Developing",
        "return": 0.100746,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-06",
        "end": "2025-06-13",
        "tenure": "New",
        "return": -0.046099,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-20",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": 0.059615,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-12",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.05606,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-17",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": 0.037182,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-28",
        "end": "2026-01-02",
        "tenure": "Developing",
        "return": -0.055866,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-01-09",
        "end": "2026-01-23",
        "tenure": "New",
        "return": -0.128289,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-02-13",
        "tenure": "New",
        "return": -0.019841,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-27",
        "end": "2026-08-14",
        "tenure": "Established",
        "return": -0.224242,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 30.546644,
        "volume": 386070,
        "typical_volume": 568623.1,
        "trend": 32.604164,
        "fair_value": 37.0278,
        "relative_strength": -16.124605,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.559801,
        "energy": 83.921622,
        "activity_lines": [
          31.020085,
          31.506201,
          32.09737,
          32.323562
        ]
      },
      {
        "date": "2023-08-18",
        "close": 30.400721,
        "volume": 615899,
        "typical_volume": 581223.45,
        "trend": 32.511746,
        "fair_value": 37.005508,
        "relative_strength": -15.027118,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.661265,
        "energy": 82.65922,
        "activity_lines": [
          30.741209,
          31.240001,
          31.905353,
          32.181405
        ]
      },
      {
        "date": "2023-08-25",
        "close": 30.157516,
        "volume": 546346,
        "typical_volume": 593622.1,
        "trend": 32.39825,
        "fair_value": 36.974361,
        "relative_strength": -15.831625,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.78311,
        "energy": 83.396268,
        "activity_lines": [
          30.494761,
          30.96938,
          31.699439,
          32.029519
        ]
      },
      {
        "date": "2023-09-01",
        "close": 31.519464,
        "volume": 694525,
        "typical_volume": 612875.3,
        "trend": 32.343124,
        "fair_value": 36.952507,
        "relative_strength": -12.512778,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.177184,
        "energy": 53.705689,
        "activity_lines": [
          30.776878,
          30.992374,
          31.632499,
          31.972823
        ]
      },
      {
        "date": "2023-09-08",
        "close": 31.957237,
        "volume": 1060438,
        "typical_volume": 637622.35,
        "trend": 32.310696,
        "fair_value": 36.895019,
        "relative_strength": -10.442397,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.426027,
        "energy": 33.474187,
        "activity_lines": [
          31.178978,
          31.110881,
          31.613043,
          31.947927
        ]
      },
      {
        "date": "2023-09-15",
        "close": 32.589573,
        "volume": 694525,
        "typical_volume": 652591.45,
        "trend": 32.297725,
        "fair_value": 36.848599,
        "relative_strength": -10.058759,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.843895,
        "energy": 16.688089,
        "activity_lines": [
          31.736731,
          31.354087,
          31.659136,
          31.965919
        ]
      },
      {
        "date": "2023-09-22",
        "close": 32.978703,
        "volume": 1061445,
        "typical_volume": 612371.35,
        "trend": 32.294482,
        "fair_value": 36.813091,
        "relative_strength": -5.349137,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -1.16215,
        "energy": 21.816048,
        "activity_lines": [
          32.287997,
          31.662738,
          31.743679,
          32.009853
        ]
      },
      {
        "date": "2023-09-29",
        "close": 32.784138,
        "volume": 464697,
        "typical_volume": 572655.3,
        "trend": 32.29124,
        "fair_value": 36.779141,
        "relative_strength": -5.466857,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 23.121673,
        "energy": 33.571816,
        "activity_lines": [
          32.602544,
          31.920094,
          31.814788,
          32.041444
        ]
      },
      {
        "date": "2023-10-06",
        "close": 33.335991,
        "volume": 876625,
        "typical_volume": 593957.4,
        "trend": 32.306392,
        "fair_value": 36.740312,
        "relative_strength": -4.270382,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.806774,
        "energy": 39.535008,
        "activity_lines": [
          32.925933,
          32.250371,
          31.941697,
          32.108847
        ]
      },
      {
        "date": "2023-10-13",
        "close": 32.450966,
        "volume": 358072,
        "typical_volume": 582527.6,
        "trend": 32.295286,
        "fair_value": 36.707549,
        "relative_strength": -7.712838,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 22.363628,
        "energy": 35.761041,
        "activity_lines": [
          32.833212,
          32.379631,
          31.98308,
          32.118175
        ]
      },
      {
        "date": "2023-10-20",
        "close": 31.320097,
        "volume": 503507,
        "typical_volume": 572573.5,
        "trend": 32.261077,
        "fair_value": 36.664295,
        "relative_strength": -8.473542,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -0.586622,
        "energy": 9.481658,
        "activity_lines": [
          32.33062,
          32.279268,
          31.919737,
          32.055259
        ]
      },
      {
        "date": "2023-10-27",
        "close": 30.877584,
        "volume": 349045,
        "typical_volume": 558575.55,
        "trend": 32.212118,
        "fair_value": 36.61791,
        "relative_strength": -7.419787,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.816991,
        "energy": 23.306948,
        "activity_lines": [
          31.765155,
          32.084385,
          31.821685,
          31.966002
        ]
      },
      {
        "date": "2023-11-03",
        "close": 31.369263,
        "volume": 386155,
        "typical_volume": 557319.8,
        "trend": 32.187655,
        "fair_value": 36.572909,
        "relative_strength": -7.447515,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -39.090817,
        "energy": 30.076204,
        "activity_lines": [
          31.503658,
          31.970228,
          31.778612,
          31.911624
        ]
      },
      {
        "date": "2023-11-10",
        "close": 31.17259,
        "volume": 676024,
        "typical_volume": 574236.65,
        "trend": 32.135558,
        "fair_value": 36.531657,
        "relative_strength": -8.411057,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.311369,
        "energy": 35.270809,
        "activity_lines": [
          31.270928,
          31.79828,
          31.723083,
          31.846136
        ]
      },
      {
        "date": "2023-11-17",
        "close": 30.779245,
        "volume": 647939,
        "typical_volume": 572310.55,
        "trend": 32.059,
        "fair_value": 36.493188,
        "relative_strength": -11.908684,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.003936,
        "energy": 53.223776,
        "activity_lines": [
          31.051309,
          31.561122,
          31.635913,
          31.758632
        ]
      },
      {
        "date": "2023-11-24",
        "close": 30.680908,
        "volume": 541622,
        "typical_volume": 582003.35,
        "trend": 31.98565,
        "fair_value": 36.4591,
        "relative_strength": -12.224155,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.538556,
        "energy": 54.947191,
        "activity_lines": [
          30.91036,
          31.327503,
          31.547535,
          31.669723
        ]
      },
      {
        "date": "2023-12-01",
        "close": 31.860947,
        "volume": 985954,
        "typical_volume": 604286.15,
        "trend": 31.912721,
        "fair_value": 36.42727,
        "relative_strength": -9.345084,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.77163,
        "energy": 29.300139,
        "activity_lines": [
          31.20537,
          31.343139,
          31.57924,
          31.661677
        ]
      },
      {
        "date": "2023-12-08",
        "close": 32.696804,
        "volume": 2006013,
        "typical_volume": 677067.95,
        "trend": 31.887111,
        "fair_value": 36.403451,
        "relative_strength": -6.385323,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -14.52002,
        "energy": 6.363712,
        "activity_lines": [
          31.713441,
          31.531072,
          31.691705,
          31.712263
        ]
      },
      {
        "date": "2023-12-15",
        "close": 32.008446,
        "volume": 744228,
        "typical_volume": 694774.3,
        "trend": 31.851526,
        "fair_value": 36.376399,
        "relative_strength": -9.494013,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 4.812504,
        "energy": 9.085244,
        "activity_lines": [
          31.903557,
          31.595437,
          31.731847,
          31.720091
        ]
      },
      {
        "date": "2023-12-22",
        "close": 32.106785,
        "volume": 794380,
        "typical_volume": 719675.45,
        "trend": 31.819219,
        "fair_value": 36.340546,
        "relative_strength": -8.425552,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.974875,
        "energy": 16.07989,
        "activity_lines": [
          32.070728,
          31.701818,
          31.777173,
          31.73656
        ]
      },
      {
        "date": "2023-12-29",
        "close": 33.139313,
        "volume": 2056163,
        "typical_volume": 803180.1,
        "trend": 31.827816,
        "fair_value": 36.315732,
        "relative_strength": -6.850771,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 35.735575,
        "energy": 31.755449,
        "activity_lines": [
          32.493573,
          32.00219,
          31.916186,
          31.821727
        ]
      },
      {
        "date": "2024-01-05",
        "close": 32.647636,
        "volume": 572716,
        "typical_volume": 801020.95,
        "trend": 31.829751,
        "fair_value": 36.287472,
        "relative_strength": -5.672672,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 55.54456,
        "energy": 47.758531,
        "activity_lines": [
          32.588632,
          32.18009,
          31.996026,
          31.874619
        ]
      },
      {
        "date": "2024-01-12",
        "close": 31.025087,
        "volume": 467400,
        "typical_volume": 797073.65,
        "trend": 31.774359,
        "fair_value": 36.229949,
        "relative_strength": -9.863625,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 33.409808,
        "energy": 18.023701,
        "activity_lines": [
          32.090396,
          32.030798,
          31.910638,
          31.822705
        ]
      },
      {
        "date": "2024-01-19",
        "close": 31.025087,
        "volume": 388162,
        "typical_volume": 781755.5,
        "trend": 31.728695,
        "fair_value": 36.177142,
        "relative_strength": -10.299536,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -0.015614,
        "energy": 1.738049,
        "activity_lines": [
          31.703607,
          31.887763,
          31.821119,
          31.774365
        ]
      },
      {
        "date": "2024-01-26",
        "close": 30.828413,
        "volume": 337009,
        "typical_volume": 745584.05,
        "trend": 31.673233,
        "fair_value": 36.102444,
        "relative_strength": -11.958496,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -24.74174,
        "energy": 20.729755,
        "activity_lines": [
          31.316817,
          31.711652,
          31.715223,
          31.716282
        ]
      },
      {
        "date": "2024-02-02",
        "close": 31.910114,
        "volume": 731191,
        "typical_volume": 747417.35,
        "trend": 31.660312,
        "fair_value": 36.006388,
        "relative_strength": -8.873283,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -4.228242,
        "energy": 14.428776,
        "activity_lines": [
          31.37582,
          31.73132,
          31.717722,
          31.731565
        ]
      },
      {
        "date": "2024-02-09",
        "close": 32.352627,
        "volume": 403209,
        "typical_volume": 714505.55,
        "trend": 31.668628,
        "fair_value": 35.940281,
        "relative_strength": -7.496032,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 6.59084,
        "energy": 7.777764,
        "activity_lines": [
          31.664273,
          31.809095,
          31.7656,
          31.77623
        ]
      },
      {
        "date": "2024-02-16",
        "close": 31.713442,
        "volume": 208625,
        "typical_volume": 701701.95,
        "trend": 31.683201,
        "fair_value": 35.87833,
        "relative_strength": -11.439216,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 14.193724,
        "energy": 5.811382,
        "activity_lines": [
          31.759332,
          31.761715,
          31.755585,
          31.779121
        ]
      },
      {
        "date": "2024-02-23",
        "close": 31.910114,
        "volume": 476426,
        "typical_volume": 681692.0,
        "trend": 31.709193,
        "fair_value": 35.812923,
        "relative_strength": -11.828796,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 21.011767,
        "energy": 11.957369,
        "activity_lines": [
          31.874057,
          31.767973,
          31.769399,
          31.793761
        ]
      },
      {
        "date": "2024-03-01",
        "close": 32.254288,
        "volume": 383147,
        "typical_volume": 682945.75,
        "trend": 31.746658,
        "fair_value": 35.742355,
        "relative_strength": -10.736445,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 37.492129,
        "energy": 19.921507,
        "activity_lines": [
          32.044506,
          31.838596,
          31.822781,
          31.828928
        ]
      },
      {
        "date": "2024-03-08",
        "close": 31.910114,
        "volume": 895684,
        "typical_volume": 702554.6,
        "trend": 31.792107,
        "fair_value": 35.681664,
        "relative_strength": -15.047832,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 33.85731,
        "energy": 17.951387,
        "activity_lines": [
          32.005172,
          31.84396,
          31.844321,
          31.839474
        ]
      },
      {
        "date": "2024-03-15",
        "close": 31.664272,
        "volume": 906717,
        "typical_volume": 730438.2,
        "trend": 31.834225,
        "fair_value": 35.613503,
        "relative_strength": -14.819502,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -0.73579,
        "energy": 4.247167,
        "activity_lines": [
          31.88389,
          31.826974,
          31.839639,
          31.831226
        ]
      },
      {
        "date": "2024-03-22",
        "close": 31.615103,
        "volume": 256768,
        "typical_volume": 723968.85,
        "trend": 31.882812,
        "fair_value": 35.545027,
        "relative_strength": -16.849497,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.34245,
        "energy": 11.940314,
        "activity_lines": [
          31.792109,
          31.818928,
          31.826527,
          31.817089
        ]
      },
      {
        "date": "2024-03-29",
        "close": 31.418432,
        "volume": 280840,
        "typical_volume": 704209.65,
        "trend": 31.879444,
        "fair_value": 35.473227,
        "relative_strength": -17.220293,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.38361,
        "energy": 18.636513,
        "activity_lines": [
          31.641327,
          31.764397,
          31.793514,
          31.787129
        ]
      },
      {
        "date": "2024-04-05",
        "close": 31.369263,
        "volume": 277832,
        "typical_volume": 685704.3,
        "trend": 31.859845,
        "fair_value": 35.409069,
        "relative_strength": -17.112048,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.617268,
        "energy": 28.292172,
        "activity_lines": [
          31.506934,
          31.693773,
          31.754648,
          31.754215
        ]
      },
      {
        "date": "2024-04-12",
        "close": 30.926752,
        "volume": 727179,
        "typical_volume": 694982.15,
        "trend": 31.804417,
        "fair_value": 35.344432,
        "relative_strength": -19.384011,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.062589,
        "energy": 49.716314,
        "activity_lines": [
          31.284039,
          31.532859,
          31.670828,
          31.694015
        ]
      },
      {
        "date": "2024-04-19",
        "close": 31.320097,
        "volume": 1064189,
        "typical_volume": 698893.9,
        "trend": 31.749131,
        "fair_value": 35.256382,
        "relative_strength": -12.834608,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.602562,
        "energy": 46.069257,
        "activity_lines": [
          31.257817,
          31.461342,
          31.623299,
          31.662768
        ]
      },
      {
        "date": "2024-04-26",
        "close": 31.123423,
        "volume": 337008,
        "typical_volume": 615443.65,
        "trend": 31.693773,
        "fair_value": 35.17886,
        "relative_strength": -15.438272,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.318905,
        "energy": 43.586774,
        "activity_lines": [
          31.188981,
          31.37284,
          31.559615,
          31.6224
        ]
      },
      {
        "date": "2024-05-03",
        "close": 31.565935,
        "volume": 794380,
        "typical_volume": 617951.25,
        "trend": 31.634772,
        "fair_value": 35.104469,
        "relative_strength": -14.558482,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.215763,
        "energy": 30.283685,
        "activity_lines": [
          31.300428,
          31.375521,
          31.545567,
          31.614153
        ]
      },
      {
        "date": "2024-05-10",
        "close": 31.516768,
        "volume": 763287,
        "typical_volume": 616396.6,
        "trend": 31.603632,
        "fair_value": 35.029173,
        "relative_strength": -15.682623,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -8.666587,
        "energy": 7.531237,
        "activity_lines": [
          31.385653,
          31.375521,
          31.528943,
          31.606539
        ]
      },
      {
        "date": "2024-05-17",
        "close": 30.582573,
        "volume": 1063185,
        "typical_volume": 566747.7,
        "trend": 31.579048,
        "fair_value": 34.959973,
        "relative_strength": -19.779077,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -61.594592,
        "energy": 30.550379,
        "activity_lines": [
          31.149646,
          31.219077,
          31.426158,
          31.540665
        ]
      },
      {
        "date": "2024-05-24",
        "close": 30.975918,
        "volume": 508522,
        "typical_volume": 563538.0,
        "trend": 31.582325,
        "fair_value": 34.909208,
        "relative_strength": -19.412975,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.49908,
        "energy": 26.795476,
        "activity_lines": [
          31.067699,
          31.158288,
          31.37301,
          31.501753
        ]
      },
      {
        "date": "2024-05-31",
        "close": 31.270926,
        "volume": 621863,
        "typical_volume": 571261.15,
        "trend": 31.579047,
        "fair_value": 34.851493,
        "relative_strength": -16.7012,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.800269,
        "energy": 28.02531,
        "activity_lines": [
          31.107033,
          31.163651,
          31.355918,
          31.481663
        ]
      },
      {
        "date": "2024-06-07",
        "close": 30.582573,
        "volume": 886656,
        "typical_volume": 596185.85,
        "trend": 31.55938,
        "fair_value": 34.789954,
        "relative_strength": -20.627662,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -59.075909,
        "energy": 45.951973,
        "activity_lines": [
          30.907082,
          31.050117,
          31.272098,
          31.417374
        ]
      },
      {
        "date": "2024-06-14",
        "close": 30.631742,
        "volume": 296888,
        "typical_volume": 594179.8,
        "trend": 31.554463,
        "fair_value": 34.72991,
        "relative_strength": -22.334659,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.266744,
        "energy": 40.793288,
        "activity_lines": [
          30.789079,
          30.960721,
          31.195068,
          31.357527
        ]
      },
      {
        "date": "2024-06-21",
        "close": 31.17259,
        "volume": 1269805,
        "typical_volume": 621110.5,
        "trend": 31.570853,
        "fair_value": 34.683353,
        "relative_strength": -23.049877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.018842,
        "energy": 26.028096,
        "activity_lines": [
          30.91036,
          30.98307,
          31.170484,
          31.33289
        ]
      },
      {
        "date": "2024-06-28",
        "close": 31.025087,
        "volume": 455364,
        "typical_volume": 623718.25,
        "trend": 31.542991,
        "fair_value": 34.634377,
        "relative_strength": -22.185762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.915581,
        "energy": 24.817286,
        "activity_lines": [
          30.94314,
          30.97413,
          31.135364,
          31.297679
        ]
      },
      {
        "date": "2024-07-05",
        "close": 32.942642,
        "volume": 1445331,
        "typical_volume": 685553.55,
        "trend": 31.551185,
        "fair_value": 34.592094,
        "relative_strength": -18.728154,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.423306,
        "energy": 17.481979,
        "activity_lines": [
          31.611826,
          31.319201,
          31.289189,
          31.387979
        ]
      },
      {
        "date": "2024-07-12",
        "close": 34.171848,
        "volume": 4195579,
        "typical_volume": 871511.2,
        "trend": 31.623299,
        "fair_value": 34.560637,
        "relative_strength": -16.566068,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 37.551641,
        "energy": 41.772619,
        "activity_lines": [
          32.578799,
          31.854687,
          31.554229,
          31.557054
        ]
      },
      {
        "date": "2024-07-19",
        "close": 33.188484,
        "volume": 1768300,
        "typical_volume": 940768.85,
        "trend": 31.659355,
        "fair_value": 34.511088,
        "relative_strength": -14.88661,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.72896,
        "energy": 55.188262,
        "activity_lines": [
          32.9787,
          32.163999,
          31.714845,
          31.658034
        ]
      },
      {
        "date": "2024-07-26",
        "close": 34.122677,
        "volume": 898694,
        "typical_volume": 940919.35,
        "trend": 31.692134,
        "fair_value": 34.465759,
        "relative_strength": -9.259908,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 71.77903,
        "energy": 74.844843,
        "activity_lines": [
          33.519549,
          32.61277,
          31.959983,
          31.816958
        ]
      },
      {
        "date": "2024-08-02",
        "close": 33.237652,
        "volume": 1685049,
        "typical_volume": 979835.95,
        "trend": 31.711801,
        "fair_value": 34.423893,
        "relative_strength": -9.328002,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.9083,
        "energy": 68.118964,
        "activity_lines": [
          33.568717,
          32.836261,
          32.110297,
          31.916668
        ]
      },
      {
        "date": "2024-08-09",
        "close": 30.041725,
        "volume": 4740211,
        "typical_volume": 1204008.1,
        "trend": 31.679023,
        "fair_value": 34.365371,
        "relative_strength": -16.985689,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 18.929788,
        "energy": 13.64514,
        "activity_lines": [
          32.405072,
          32.437553,
          31.948745,
          31.808922
        ]
      },
      {
        "date": "2024-08-16",
        "close": 31.270926,
        "volume": 978933,
        "typical_volume": 1238912.75,
        "trend": 31.687217,
        "fair_value": 34.318266,
        "relative_strength": -16.558031,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 22.747452,
        "energy": 12.943946,
        "activity_lines": [
          31.844555,
          32.284684,
          31.911752,
          31.782593
        ]
      },
      {
        "date": "2024-08-23",
        "close": 30.730078,
        "volume": 954862,
        "typical_volume": 1272764.25,
        "trend": 31.68394,
        "fair_value": 34.275946,
        "relative_strength": -16.871097,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.363265,
        "energy": 15.928621,
        "activity_lines": [
          31.29715,
          32.020964,
          31.823951,
          31.720842
        ]
      },
      {
        "date": "2024-08-30",
        "close": 31.4676,
        "volume": 1595782,
        "typical_volume": 1316194.4,
        "trend": 31.669189,
        "fair_value": 34.245131,
        "relative_strength": -14.824875,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.66711,
        "energy": 16.160445,
        "activity_lines": [
          31.159479,
          31.889552,
          31.809435,
          31.706884
        ]
      },
      {
        "date": "2024-09-06",
        "close": 31.221758,
        "volume": 768302,
        "typical_volume": 1301400.05,
        "trend": 31.631493,
        "fair_value": 34.211562,
        "relative_strength": -11.724243,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.30113,
        "energy": 14.052484,
        "activity_lines": [
          31.116867,
          31.708076,
          31.76893,
          31.678018
        ]
      },
      {
        "date": "2024-09-13",
        "close": 31.270926,
        "volume": 650950,
        "typical_volume": 1317097.15,
        "trend": 31.616743,
        "fair_value": 34.169467,
        "relative_strength": -12.404478,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.309354,
        "energy": 10.997635,
        "activity_lines": [
          31.225036,
          31.531965,
          31.733575,
          31.654756
        ]
      },
      {
        "date": "2024-09-20",
        "close": 31.4676,
        "volume": 317951,
        "typical_volume": 1293275.7,
        "trend": 31.601992,
        "fair_value": 34.134232,
        "relative_strength": -12.833108,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.569802,
        "energy": 6.645487,
        "activity_lines": [
          31.316817,
          31.422007,
          31.71625,
          31.645133
        ]
      },
      {
        "date": "2024-09-27",
        "close": 32.352627,
        "volume": 6137401,
        "typical_volume": 1561981.4,
        "trend": 31.60527,
        "fair_value": 34.103197,
        "relative_strength": -12.379121,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.999263,
        "energy": 6.290401,
        "activity_lines": [
          31.690495,
          31.522132,
          31.78368,
          31.693561
        ]
      },
      {
        "date": "2024-10-04",
        "close": 31.320097,
        "volume": 952856,
        "typical_volume": 1556464.95,
        "trend": 31.585603,
        "fair_value": 34.06849,
        "relative_strength": -12.559813,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 6.527132,
        "energy": 4.152433,
        "activity_lines": [
          31.611827,
          31.449721,
          31.748795,
          31.675163
        ]
      },
      {
        "date": "2024-10-11",
        "close": 30.779245,
        "volume": 833497,
        "typical_volume": 1572713.7,
        "trend": 31.556102,
        "fair_value": 34.023828,
        "relative_strength": -15.722015,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.652008,
        "energy": 2.63054,
        "activity_lines": [
          31.362708,
          31.329929,
          31.658887,
          31.62314
        ]
      },
      {
        "date": "2024-10-18",
        "close": 31.615103,
        "volume": 1100296,
        "typical_volume": 1596635.35,
        "trend": 31.556102,
        "fair_value": 33.980844,
        "relative_strength": -15.018914,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.703777,
        "energy": 3.061425,
        "activity_lines": [
          31.421709,
          31.40681,
          31.649522,
          31.626947
        ]
      },
      {
        "date": "2024-10-25",
        "close": 32.254288,
        "volume": 1146435,
        "typical_volume": 1609624.3,
        "trend": 31.583964,
        "fair_value": 33.943184,
        "relative_strength": -12.217988,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 14.958674,
        "energy": 6.099374,
        "activity_lines": [
          31.670827,
          31.571299,
          31.699392,
          31.671991
        ]
      },
      {
        "date": "2024-11-01",
        "close": 31.418432,
        "volume": 800398,
        "typical_volume": 1634799.8,
        "trend": 31.585603,
        "fair_value": 33.897405,
        "relative_strength": -11.797755,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.002599,
        "energy": 2.220451,
        "activity_lines": [
          31.588881,
          31.565936,
          31.661696,
          31.661311
        ]
      },
      {
        "date": "2024-11-08",
        "close": 32.106785,
        "volume": 2730184,
        "typical_volume": 1707818.75,
        "trend": 31.624937,
        "fair_value": 33.846839,
        "relative_strength": -12.28122,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.38465,
        "energy": 12.72108,
        "activity_lines": [
          31.798665,
          31.673212,
          31.685812,
          31.694936
        ]
      },
      {
        "date": "2024-11-15",
        "close": 30.667316,
        "volume": 1310000,
        "typical_volume": 1750550.55,
        "trend": 31.603178,
        "fair_value": 33.784286,
        "relative_strength": -12.750545,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.327083,
        "energy": 8.985222,
        "activity_lines": [
          31.47618,
          31.507144,
          31.568387,
          31.633154
        ]
      },
      {
        "date": "2024-11-22",
        "close": 29.875904,
        "volume": 924226,
        "typical_volume": 1724495.3,
        "trend": 31.561594,
        "fair_value": 33.720646,
        "relative_strength": -15.104768,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -58.396956,
        "energy": 42.212615,
        "activity_lines": [
          30.897353,
          31.207265,
          31.377293,
          31.521717
        ]
      },
      {
        "date": "2024-11-29",
        "close": 29.381269,
        "volume": 1318000,
        "typical_volume": 1580616.35,
        "trend": 31.488772,
        "fair_value": 33.655369,
        "relative_strength": -13.554456,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.57056,
        "energy": 58.778889,
        "activity_lines": [
          30.269594,
          30.842815,
          31.153695,
          31.381051
        ]
      },
      {
        "date": "2024-12-06",
        "close": 29.727512,
        "volume": 640000,
        "typical_volume": 1524201.35,
        "trend": 31.42913,
        "fair_value": 33.592005,
        "relative_strength": -15.407368,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.567587,
        "energy": 64.568533,
        "activity_lines": [
          29.948784,
          30.579253,
          30.985884,
          31.267421
        ]
      },
      {
        "date": "2024-12-13",
        "close": 27.650049,
        "volume": 1828000,
        "typical_volume": 1570666.65,
        "trend": 31.331379,
        "fair_value": 33.518084,
        "relative_strength": -20.109953,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.910141,
        "energy": 76.704365,
        "activity_lines": [
          29.048215,
          29.985699,
          30.636701,
          31.023609
        ]
      },
      {
        "date": "2024-12-20",
        "close": 26.710243,
        "volume": 453000,
        "typical_volume": 1509064.2,
        "trend": 31.18919,
        "fair_value": 33.438445,
        "relative_strength": -20.426682,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.025016,
        "energy": 83.523447,
        "activity_lines": [
          28.131493,
          29.287999,
          30.228834,
          30.725472
        ]
      },
      {
        "date": "2024-12-27",
        "close": 27.254341,
        "volume": 363000,
        "typical_volume": 1290203.65,
        "trend": 31.055304,
        "fair_value": 33.36168,
        "relative_strength": -20.78398,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.159119,
        "energy": 84.320976,
        "activity_lines": [
          27.659941,
          28.763209,
          29.903869,
          30.47161
        ]
      },
      {
        "date": "2025-01-03",
        "close": 26.908098,
        "volume": 531000,
        "typical_volume": 1267807.0,
        "trend": 30.932821,
        "fair_value": 33.275949,
        "relative_strength": -19.817424,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.00513,
        "energy": 86.555445,
        "activity_lines": [
          27.247746,
          28.254751,
          29.559201,
          30.204049
        ]
      },
      {
        "date": "2025-01-10",
        "close": 26.710243,
        "volume": 630000,
        "typical_volume": 1251563.9,
        "trend": 30.802105,
        "fair_value": 33.190484,
        "relative_strength": -20.124674,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.986376,
        "energy": 85.211244,
        "activity_lines": [
          26.934478,
          27.807524,
          29.216466,
          29.931624
        ]
      },
      {
        "date": "2025-01-17",
        "close": 26.809172,
        "volume": 452000,
        "typical_volume": 1194374.8,
        "trend": 30.656658,
        "fair_value": 33.115159,
        "relative_strength": -19.66647,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.330701,
        "energy": 78.782792,
        "activity_lines": [
          26.855337,
          27.463887,
          28.902295,
          29.674016
        ]
      },
      {
        "date": "2025-01-24",
        "close": 27.303806,
        "volume": 459000,
        "typical_volume": 1178909.7,
        "trend": 30.532615,
        "fair_value": 33.042698,
        "relative_strength": -18.898806,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.124065,
        "energy": 58.123538,
        "activity_lines": [
          26.997132,
          27.306503,
          28.657414,
          29.457703
        ]
      },
      {
        "date": "2025-02-07",
        "close": 27.897367,
        "volume": 1668266,
        "typical_volume": 1229775.5,
        "trend": 30.364439,
        "fair_value": 32.970056,
        "relative_strength": -16.318621,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.065007,
        "energy": 49.135593,
        "activity_lines": [
          27.297211,
          27.318195,
          28.48772,
          29.287687
        ]
      },
      {
        "date": "2025-02-14",
        "close": 30.518927,
        "volume": 2091016,
        "typical_volume": 1318428.75,
        "trend": 30.242675,
        "fair_value": 32.917591,
        "relative_strength": -6.573019,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.571988,
        "energy": 17.470159,
        "activity_lines": [
          28.428274,
          27.842507,
          28.583763,
          29.297654
        ]
      },
      {
        "date": "2025-02-21",
        "close": 32.250145,
        "volume": 1788705,
        "typical_volume": 1100993.95,
        "trend": 30.211397,
        "fair_value": 32.869784,
        "relative_strength": -3.220951,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 7.903926,
        "energy": 26.22639,
        "activity_lines": [
          29.895688,
          28.660901,
          28.849202,
          29.427168
        ]
      },
      {
        "date": "2025-02-28",
        "close": 31.458731,
        "volume": 656219,
        "typical_volume": 1086162.1,
        "trend": 30.122599,
        "fair_value": 32.820891,
        "relative_strength": -2.389192,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 31.809771,
        "energy": 42.15095,
        "activity_lines": [
          30.72997,
          29.289536,
          29.039756,
          29.507641
        ]
      },
      {
        "date": "2025-03-07",
        "close": 30.865171,
        "volume": 871559,
        "typical_volume": 1088065.2,
        "trend": 30.043516,
        "fair_value": 32.769113,
        "relative_strength": -1.752646,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 24.358036,
        "energy": 41.30379,
        "activity_lines": [
          31.056429,
          29.741002,
          29.17312,
          29.555549
        ]
      },
      {
        "date": "2025-03-14",
        "close": 29.826439,
        "volume": 841042,
        "typical_volume": 1075102.5,
        "trend": 30.03634,
        "fair_value": 32.710676,
        "relative_strength": -2.086142,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 22.515783,
        "energy": 35.852103,
        "activity_lines": [
          30.799219,
          29.928064,
          29.207148,
          29.541544
        ]
      },
      {
        "date": "2025-03-21",
        "close": 29.727512,
        "volume": 377112,
        "typical_volume": 1036636.35,
        "trend": 29.984893,
        "fair_value": 32.652832,
        "relative_strength": -3.106975,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.26734,
        "energy": 24.658538,
        "activity_lines": [
          30.380429,
          30.050373,
          29.240271,
          29.521619
        ]
      },
      {
        "date": "2025-03-28",
        "close": 29.875904,
        "volume": 766810,
        "typical_volume": 1034956.95,
        "trend": 29.95642,
        "fair_value": 32.595633,
        "relative_strength": 0.360625,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 2.244564,
        "energy": 8.009389,
        "activity_lines": [
          30.063864,
          30.148401,
          29.29956,
          29.514588
        ]
      },
      {
        "date": "2025-04-04",
        "close": 28.936098,
        "volume": 222121,
        "typical_volume": 909553.8,
        "trend": 29.872037,
        "fair_value": 32.532715,
        "relative_strength": -1.144474,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -12.063602,
        "energy": 14.132696,
        "activity_lines": [
          29.592313,
          30.017998,
          29.276689,
          29.448761
        ]
      },
      {
        "date": "2025-04-11",
        "close": 27.303806,
        "volume": 1881500,
        "typical_volume": 938128.8,
        "trend": 29.741439,
        "fair_value": 32.463015,
        "relative_strength": 1.936654,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -52.718022,
        "energy": 33.491244,
        "activity_lines": [
          28.74484,
          29.552142,
          29.11346,
          29.283068
        ]
      },
      {
        "date": "2025-04-18",
        "close": 26.51239,
        "volume": 456072,
        "typical_volume": 914721.1,
        "trend": 29.582821,
        "fair_value": 32.390081,
        "relative_strength": -0.161298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.949575,
        "energy": 42.336477,
        "activity_lines": [
          27.870986,
          28.942393,
          28.890874,
          29.074743
        ]
      },
      {
        "date": "2025-04-25",
        "close": 27.155416,
        "volume": 187930,
        "typical_volume": 858217.6,
        "trend": 29.439081,
        "fair_value": 32.323722,
        "relative_strength": 0.136018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.111808,
        "energy": 55.77786,
        "activity_lines": [
          27.432411,
          28.474739,
          28.745546,
          28.918136
        ]
      },
      {
        "date": "2025-05-02",
        "close": 27.798439,
        "volume": 148040,
        "typical_volume": 833619.6,
        "trend": 29.287275,
        "fair_value": 32.257192,
        "relative_strength": -1.714088,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.704402,
        "energy": 55.036739,
        "activity_lines": [
          27.379649,
          28.185153,
          28.672057,
          28.812288
        ]
      },
      {
        "date": "2025-05-09",
        "close": 28.293074,
        "volume": 327345,
        "typical_volume": 758586.85,
        "trend": 29.186374,
        "fair_value": 32.1969,
        "relative_strength": -0.292857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.017916,
        "energy": 43.553564,
        "activity_lines": [
          27.630264,
          28.066441,
          28.654863,
          28.748146
        ]
      },
      {
        "date": "2025-05-16",
        "close": 28.787708,
        "volume": 448041,
        "typical_volume": 758338.9,
        "trend": 29.11999,
        "fair_value": 32.141925,
        "relative_strength": -2.581029,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.413991,
        "energy": 24.885107,
        "activity_lines": [
          28.088625,
          28.09522,
          28.681715,
          28.722426
        ]
      },
      {
        "date": "2025-05-23",
        "close": 28.392,
        "volume": 456195,
        "typical_volume": 762998.65,
        "trend": 29.012553,
        "fair_value": 32.087787,
        "relative_strength": -2.894815,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.201321,
        "energy": 15.881867,
        "activity_lines": [
          28.316157,
          28.089824,
          28.660987,
          28.675459
        ]
      },
      {
        "date": "2025-05-30",
        "close": 29.183414,
        "volume": 840246,
        "typical_volume": 778460.95,
        "trend": 28.91019,
        "fair_value": 32.038415,
        "relative_strength": 1.337738,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -9.281668,
        "energy": 11.793067,
        "activity_lines": [
          28.682185,
          28.254402,
          28.710215,
          28.686482
        ]
      },
      {
        "date": "2025-06-06",
        "close": 27.897367,
        "volume": 339275,
        "typical_volume": 763924.7,
        "trend": 28.792822,
        "fair_value": 31.984786,
        "relative_strength": -4.271615,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.48397,
        "energy": 14.180815,
        "activity_lines": [
          28.484332,
          28.195046,
          28.626127,
          28.621138
        ]
      },
      {
        "date": "2025-06-13",
        "close": 26.611317,
        "volume": 383453,
        "typical_volume": 760497.35,
        "trend": 28.609639,
        "fair_value": 31.923527,
        "relative_strength": -10.141708,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.503796,
        "energy": 29.449748,
        "activity_lines": [
          27.8512,
          27.937836,
          28.413906,
          28.480396
        ]
      },
      {
        "date": "2025-06-20",
        "close": 25.720976,
        "volume": 549126,
        "typical_volume": 765003.65,
        "trend": 28.444761,
        "fair_value": 31.852267,
        "relative_strength": -12.797924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.755282,
        "energy": 56.244192,
        "activity_lines": [
          27.033405,
          27.561015,
          28.117832,
          28.294031
        ]
      },
      {
        "date": "2025-06-27",
        "close": 25.720976,
        "volume": 267276,
        "typical_volume": 694954.15,
        "trend": 28.306264,
        "fair_value": 31.782233,
        "relative_strength": -14.614243,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.645305,
        "energy": 71.042862,
        "activity_lines": [
          26.420059,
          27.212972,
          27.829295,
          28.118303
        ]
      },
      {
        "date": "2025-07-04",
        "close": 25.720976,
        "volume": 246184,
        "typical_volume": 602712.55,
        "trend": 28.184254,
        "fair_value": 31.7122,
        "relative_strength": -14.235837,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.820756,
        "energy": 74.981542,
        "activity_lines": [
          25.984781,
          26.879319,
          27.551122,
          27.95151
        ]
      },
      {
        "date": "2025-07-11",
        "close": 25.720976,
        "volume": 382373,
        "typical_volume": 532395.95,
        "trend": 28.050703,
        "fair_value": 31.64462,
        "relative_strength": -14.672568,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.805851,
        "energy": 78.979442,
        "activity_lines": [
          25.780332,
          26.571747,
          27.295797,
          27.792589
        ]
      },
      {
        "date": "2025-07-18",
        "close": 25.720976,
        "volume": 421184,
        "typical_volume": 520644.2,
        "trend": 27.9864,
        "fair_value": 31.575506,
        "relative_strength": -16.581078,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.803494,
        "energy": 75.825476,
        "activity_lines": [
          25.720976,
          26.301946,
          27.071563,
          27.642284
        ]
      },
      {
        "date": "2025-07-25",
        "close": 25.720976,
        "volume": 666064,
        "typical_volume": 510369.45,
        "trend": 27.953425,
        "fair_value": 31.507619,
        "relative_strength": -16.085354,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.497138,
        "energy": 68.639085,
        "activity_lines": [
          25.720976,
          26.078911,
          26.874651,
          27.496128
        ]
      },
      {
        "date": "2025-08-01",
        "close": 25.622048,
        "volume": 606511,
        "typical_volume": 498642.9,
        "trend": 27.899015,
        "fair_value": 31.439405,
        "relative_strength": -16.105227,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.055438,
        "energy": 59.337122,
        "activity_lines": [
          25.688,
          25.893648,
          26.692814,
          27.345716
        ]
      },
      {
        "date": "2025-08-08",
        "close": 29.678049,
        "volume": 4150019,
        "typical_volume": 687288.25,
        "trend": 27.991347,
        "fair_value": 31.396578,
        "relative_strength": -4.776385,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -8.31137,
        "energy": 11.184895,
        "activity_lines": [
          27.01362,
          26.496202,
          26.917284,
          27.460492
        ]
      },
      {
        "date": "2025-08-15",
        "close": 28.738243,
        "volume": 2578245,
        "typical_volume": 777860.0,
        "trend": 28.058947,
        "fair_value": 31.348339,
        "relative_strength": -8.68314,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -6.567915,
        "energy": 18.624856,
        "activity_lines": [
          27.762166,
          26.91889,
          27.052484,
          27.508679
        ]
      },
      {
        "date": "2025-08-22",
        "close": 27.699512,
        "volume": 909387,
        "typical_volume": 812223.3,
        "trend": 28.088625,
        "fair_value": 31.294362,
        "relative_strength": -9.558443,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -6.734158,
        "energy": 21.780132,
        "activity_lines": [
          27.963317,
          27.137428,
          27.094174,
          27.48549
        ]
      },
      {
        "date": "2025-08-29",
        "close": 28.738243,
        "volume": 1829199,
        "typical_volume": 809608.25,
        "trend": 28.136439,
        "fair_value": 31.246123,
        "relative_strength": -7.704718,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 22.749327,
        "energy": 32.557118,
        "activity_lines": [
          28.378809,
          27.525041,
          27.24068,
          27.527401
        ]
      },
      {
        "date": "2025-09-05",
        "close": 27.254341,
        "volume": 2083847,
        "typical_volume": 890997.0,
        "trend": 28.115005,
        "fair_value": 31.187146,
        "relative_strength": -13.013611,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -4.841154,
        "energy": 17.377744,
        "activity_lines": [
          28.098517,
          27.587994,
          27.239031,
          27.470491
        ]
      },
      {
        "date": "2025-09-12",
        "close": 27.650049,
        "volume": 2692514,
        "typical_volume": 1016226.2,
        "trend": 28.019376,
        "fair_value": 31.125549,
        "relative_strength": -14.669611,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.584014,
        "energy": 10.089103,
        "activity_lines": [
          27.841307,
          27.695015,
          27.271536,
          27.440494
        ]
      },
      {
        "date": "2025-09-19",
        "close": 27.155416,
        "volume": 1526282,
        "typical_volume": 1085138.3,
        "trend": 27.849551,
        "fair_value": 31.064523,
        "relative_strength": -16.059471,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.599191,
        "energy": 11.25778,
        "activity_lines": [
          27.55442,
          27.677029,
          27.254577,
          27.384755
        ]
      },
      {
        "date": "2025-09-26",
        "close": 26.611317,
        "volume": 1462428,
        "typical_volume": 1141892.45,
        "trend": 27.687971,
        "fair_value": 31.00001,
        "relative_strength": -17.269927,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.562676,
        "energy": 20.753815,
        "activity_lines": [
          27.191688,
          27.534035,
          27.188861,
          27.304869
        ]
      },
      {
        "date": "2025-10-03",
        "close": 26.314537,
        "volume": 488646,
        "typical_volume": 1143922.7,
        "trend": 27.536283,
        "fair_value": 30.934841,
        "relative_strength": -21.279255,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.751274,
        "energy": 24.575555,
        "activity_lines": [
          26.802576,
          27.320892,
          27.102889,
          27.21626
        ]
      },
      {
        "date": "2025-10-10",
        "close": 26.1,
        "volume": 795277,
        "typical_volume": 1160876.8,
        "trend": 27.412069,
        "fair_value": 30.871415,
        "relative_strength": -22.935887,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.811947,
        "energy": 28.278888,
        "activity_lines": [
          26.503532,
          27.057951,
          27.008262,
          27.123597
        ]
      },
      {
        "date": "2025-10-17",
        "close": 25.549999,
        "volume": 851474,
        "typical_volume": 1161438.2,
        "trend": 27.272818,
        "fair_value": 30.807581,
        "relative_strength": -24.080709,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.78231,
        "energy": 45.397868,
        "activity_lines": [
          26.09811,
          26.68632,
          26.872168,
          27.003463
        ]
      },
      {
        "date": "2025-10-24",
        "close": 25.0,
        "volume": 636300,
        "typical_volume": 1176289.45,
        "trend": 27.110288,
        "fair_value": 30.747082,
        "relative_strength": -25.828376,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.724247,
        "energy": 55.27453,
        "activity_lines": [
          25.649359,
          26.289745,
          26.700995,
          26.85683
        ]
      },
      {
        "date": "2025-10-31",
        "close": 25.35,
        "volume": 1334492,
        "typical_volume": 1223841.4,
        "trend": 26.990751,
        "fair_value": 30.69132,
        "relative_strength": -26.096215,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.473923,
        "energy": 50.723977,
        "activity_lines": [
          25.460969,
          26.024773,
          26.576953,
          26.743263
        ]
      },
      {
        "date": "2025-11-07",
        "close": 26.799999,
        "volume": 1827498,
        "typical_volume": 1287760.0,
        "trend": 26.973958,
        "fair_value": 30.647972,
        "relative_strength": -19.703564,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.807324,
        "energy": 39.607413,
        "activity_lines": [
          25.84,
          26.066157,
          26.597012,
          26.730956
        ]
      },
      {
        "date": "2025-11-14",
        "close": 28.0,
        "volume": 4230905,
        "typical_volume": 1485941.45,
        "trend": 27.023545,
        "fair_value": 30.61481,
        "relative_strength": -14.868032,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -17.753482,
        "energy": 9.262783,
        "activity_lines": [
          26.586666,
          26.360963,
          26.726218,
          26.797152
        ]
      },
      {
        "date": "2025-11-21",
        "close": 26.5,
        "volume": 1482842,
        "typical_volume": 1547774.35,
        "trend": 27.001698,
        "fair_value": 30.578268,
        "relative_strength": -16.02948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.185068,
        "energy": 16.290364,
        "activity_lines": [
          26.706666,
          26.369485,
          26.701715,
          26.763375
        ]
      },
      {
        "date": "2025-11-28",
        "close": 26.85,
        "volume": 2020745,
        "typical_volume": 1629692.95,
        "trend": 26.970083,
        "fair_value": 30.544594,
        "relative_strength": -18.151583,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.54942,
        "energy": 18.877644,
        "activity_lines": [
          26.88,
          26.462552,
          26.706836,
          26.753588
        ]
      },
      {
        "date": "2025-12-05",
        "close": 27.15,
        "volume": 2304484,
        "typical_volume": 1723857.95,
        "trend": 26.931981,
        "fair_value": 30.513467,
        "relative_strength": -17.820259,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.133166,
        "energy": 10.472412,
        "activity_lines": [
          27.03,
          26.615719,
          26.735151,
          26.765196
        ]
      },
      {
        "date": "2025-12-12",
        "close": 26.85,
        "volume": 1968176,
        "typical_volume": 1788963.55,
        "trend": 26.86739,
        "fair_value": 30.473868,
        "relative_strength": -18.91894,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.474443,
        "energy": 5.461201,
        "activity_lines": [
          26.96,
          26.704545,
          26.728091,
          26.759907
        ]
      },
      {
        "date": "2025-12-19",
        "close": 26.700001,
        "volume": 2795223,
        "typical_volume": 1898399.15,
        "trend": 26.81099,
        "fair_value": 30.434556,
        "relative_strength": -17.591538,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 3.263298,
        "energy": 4.27014,
        "activity_lines": [
          26.836667,
          26.756364,
          26.701368,
          26.749108
        ]
      },
      {
        "date": "2025-12-26",
        "close": 25.15,
        "volume": 1067382,
        "typical_volume": 1744267.3,
        "trend": 26.676543,
        "fair_value": 30.384372,
        "relative_strength": -24.331951,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.951153,
        "energy": 25.911574,
        "activity_lines": [
          26.283334,
          26.515455,
          26.521893,
          26.641947
        ]
      },
      {
        "date": "2026-01-02",
        "close": 25.35,
        "volume": 1387196,
        "typical_volume": 1684714.85,
        "trend": 26.591631,
        "fair_value": 30.337964,
        "relative_strength": -25.41441,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.020144,
        "energy": 39.189495,
        "activity_lines": [
          25.886667,
          26.318182,
          26.383028,
          26.556363
        ]
      },
      {
        "date": "2026-01-09",
        "close": 30.4,
        "volume": 15334021,
        "typical_volume": 2405946.55,
        "trend": 26.71792,
        "fair_value": 30.323929,
        "relative_strength": -13.082739,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "up",
        "direction": 55.933978,
        "energy": 29.155434,
        "activity_lines": [
          27.273333,
          27.032727,
          26.74125,
          26.802065
        ]
      },
      {
        "date": "2026-01-16",
        "close": 29.35,
        "volume": 7956800,
        "typical_volume": 2712326.6,
        "trend": 26.838888,
        "fair_value": 30.300044,
        "relative_strength": -18.770357,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 58.057504,
        "energy": 47.910649,
        "activity_lines": [
          28.093333,
          27.464546,
          26.986613,
          26.971876
        ]
      },
      {
        "date": "2026-01-23",
        "close": 26.5,
        "volume": 3657745,
        "typical_volume": 2791021.5,
        "trend": 26.864855,
        "fair_value": 30.257267,
        "relative_strength": -27.527977,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 37.861281,
        "energy": 32.014798,
        "activity_lines": [
          27.796667,
          27.331818,
          26.957633,
          26.950013
        ]
      },
      {
        "date": "2026-01-30",
        "close": 25.200001,
        "volume": 2518046,
        "typical_volume": 2782298.1,
        "trend": 26.847489,
        "fair_value": 30.203662,
        "relative_strength": -30.867561,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.380192,
        "energy": 13.462238,
        "activity_lines": [
          27.08,
          26.99,
          26.808437,
          26.842603
        ]
      },
      {
        "date": "2026-02-06",
        "close": 24.9,
        "volume": 1448203,
        "typical_volume": 2778394.15,
        "trend": 26.820124,
        "fair_value": 30.150628,
        "relative_strength": -30.611881,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.86339,
        "energy": 27.088865,
        "activity_lines": [
          26.26,
          26.617273,
          26.642335,
          26.716958
        ]
      },
      {
        "date": "2026-02-13",
        "close": 24.700001,
        "volume": 736628,
        "typical_volume": 2742104.15,
        "trend": 26.786091,
        "fair_value": 30.097871,
        "relative_strength": -34.249545,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -59.378399,
        "energy": 42.25104,
        "activity_lines": [
          25.403334,
          26.243637,
          26.467927,
          26.580176
        ]
      },
      {
        "date": "2026-02-27",
        "close": 24.75,
        "volume": 800211,
        "typical_volume": 2757682.4,
        "trend": 26.753725,
        "fair_value": 30.045123,
        "relative_strength": -36.763239,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.584884,
        "energy": 58.448557,
        "activity_lines": [
          24.943334,
          25.923637,
          26.307381,
          26.448815
        ]
      },
      {
        "date": "2026-03-06",
        "close": 23.549999,
        "volume": 2411660,
        "typical_volume": 2838501.55,
        "trend": 26.684657,
        "fair_value": 29.984059,
        "relative_strength": -35.837998,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.756155,
        "energy": 69.812414,
        "activity_lines": [
          24.39,
          25.423636,
          26.04,
          26.242123
        ]
      },
      {
        "date": "2026-03-13",
        "close": 22.950001,
        "volume": 3192610,
        "typical_volume": 2955558.35,
        "trend": 26.460389,
        "fair_value": 29.920396,
        "relative_strength": -36.3376,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.071845,
        "energy": 73.1892,
        "activity_lines": [
          23.833334,
          24.871818,
          25.727619,
          26.001178
        ]
      },
      {
        "date": "2026-03-20",
        "close": 23.25,
        "volume": 2624540,
        "typical_volume": 3054970.35,
        "trend": 26.277447,
        "fair_value": 29.858656,
        "relative_strength": -35.011878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.520564,
        "energy": 69.854216,
        "activity_lines": [
          23.526667,
          24.414546,
          25.456191,
          25.794056
        ]
      },
      {
        "date": "2026-03-27",
        "close": 22.5,
        "volume": 1455209,
        "typical_volume": 3061006.2,
        "trend": 26.10413,
        "fair_value": 29.792732,
        "relative_strength": -35.52293,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.755297,
        "energy": 73.378052,
        "activity_lines": [
          23.08,
          23.859091,
          25.121667,
          25.55035
        ]
      },
      {
        "date": "2026-04-03",
        "close": 22.65,
        "volume": 1348361,
        "typical_volume": 3037049.35,
        "trend": 25.901189,
        "fair_value": 29.730576,
        "relative_strength": -33.178298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.043308,
        "energy": 71.121199,
        "activity_lines": [
          22.83,
          23.474546,
          24.815,
          25.327503
        ]
      },
      {
        "date": "2026-04-10",
        "close": 22.65,
        "volume": 800000,
        "typical_volume": 2865504.1,
        "trend": 25.747711,
        "fair_value": 29.66842,
        "relative_strength": -37.718974,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.792289,
        "energy": 63.677202,
        "activity_lines": [
          22.72,
          23.211818,
          24.528095,
          25.117748
        ]
      },
      {
        "date": "2026-04-17",
        "close": 22.75,
        "volume": 2123364,
        "typical_volume": 2897530.2,
        "trend": 25.584376,
        "fair_value": 29.608464,
        "relative_strength": -38.908195,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.244,
        "energy": 74.949802,
        "activity_lines": [
          22.703333,
          23.037273,
          24.276191,
          24.924348
        ]
      },
      {
        "date": "2026-04-24",
        "close": 22.299999,
        "volume": 1448775,
        "typical_volume": 2868931.7,
        "trend": 25.422528,
        "fair_value": 29.54157,
        "relative_strength": -42.522261,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.813994,
        "energy": 79.189075,
        "activity_lines": [
          22.55,
          22.825454,
          23.999286,
          24.712452
        ]
      },
      {
        "date": "2026-05-01",
        "close": 21.700001,
        "volume": 995073,
        "typical_volume": 2803461.15,
        "trend": 25.258818,
        "fair_value": 29.468647,
        "relative_strength": -43.173281,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.506148,
        "energy": 87.268251,
        "activity_lines": [
          22.26,
          22.551818,
          23.686905,
          24.472289
        ]
      },
      {
        "date": "2026-05-08",
        "close": 21.700001,
        "volume": 1551410,
        "typical_volume": 2782622.85,
        "trend": 25.105,
        "fair_value": 29.396971,
        "relative_strength": -45.966207,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.679613,
        "energy": 87.645274,
        "activity_lines": [
          22.023334,
          22.332727,
          23.400476,
          24.242688
        ]
      },
      {
        "date": "2026-05-15",
        "close": 22.0,
        "volume": 1647956,
        "typical_volume": 2725259.5,
        "trend": 24.968333,
        "fair_value": 29.319735,
        "relative_strength": -43.727458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.154683,
        "energy": 81.206974,
        "activity_lines": [
          21.95,
          22.223637,
          23.167143,
          24.042366
        ]
      },
      {
        "date": "2026-05-22",
        "close": 23.450001,
        "volume": 1277916,
        "typical_volume": 2735786.2,
        "trend": 24.898333,
        "fair_value": 29.255535,
        "relative_strength": -40.656198,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.921116,
        "energy": 50.182309,
        "activity_lines": [
          22.403334,
          22.406364,
          23.094286,
          23.944409
        ]
      },
      {
        "date": "2026-05-29",
        "close": 21.75,
        "volume": 1653257,
        "typical_volume": 2749089.25,
        "trend": 24.79,
        "fair_value": 29.182933,
        "relative_strength": -47.093428,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.917041,
        "energy": 49.046799,
        "activity_lines": [
          22.243334,
          22.270909,
          22.867619,
          23.741291
        ]
      },
      {
        "date": "2026-06-05",
        "close": 21.450001,
        "volume": 2311087,
        "typical_volume": 2097942.55,
        "trend": 24.66,
        "fair_value": 29.108407,
        "relative_strength": -47.230417,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.016351,
        "energy": 50.345022,
        "activity_lines": [
          22.020001,
          22.108182,
          22.629524,
          23.525807
        ]
      },
      {
        "date": "2026-06-12",
        "close": 20.707476,
        "volume": 1162299,
        "typical_volume": 1758217.5,
        "trend": 24.456916,
        "fair_value": 29.030369,
        "relative_strength": -47.092831,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.929771,
        "energy": 57.631942,
        "activity_lines": [
          21.565826,
          21.829541,
          22.363331,
          23.270805
        ]
      },
      {
        "date": "2026-06-19",
        "close": 21.299999,
        "volume": 2315369,
        "typical_volume": 1691098.7,
        "trend": 24.233583,
        "fair_value": 28.958,
        "relative_strength": -47.41556,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.89126,
        "energy": 59.959502,
        "activity_lines": [
          21.375327,
          21.693951,
          22.194724,
          23.067133
        ]
      },
      {
        "date": "2026-06-26",
        "close": 19.65,
        "volume": 2489734,
        "typical_volume": 1689683.1,
        "trend": 24.005249,
        "fair_value": 28.874431,
        "relative_strength": -48.605285,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.208179,
        "energy": 84.199095,
        "activity_lines": [
          20.681495,
          21.282906,
          21.893736,
          22.771418
        ]
      },
      {
        "date": "2026-07-03",
        "close": 19.5,
        "volume": 4909729,
        "typical_volume": 1862759.4,
        "trend": 23.760249,
        "fair_value": 28.79177,
        "relative_strength": -50.606013,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.167736,
        "energy": 87.042636,
        "activity_lines": [
          20.190997,
          20.900952,
          21.604891,
          22.480757
        ]
      },
      {
        "date": "2026-07-10",
        "close": 19.1,
        "volume": 2145027,
        "typical_volume": 1933179.35,
        "trend": 23.491916,
        "fair_value": 28.705922,
        "relative_strength": -49.266102,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.699648,
        "energy": 86.286352,
        "activity_lines": [
          19.717165,
          20.497179,
          21.303665,
          22.180096
        ]
      },
      {
        "date": "2026-07-17",
        "close": 18.0,
        "volume": 3565042,
        "typical_volume": 2071420.9,
        "trend": 23.196916,
        "fair_value": 28.61427,
        "relative_strength": -48.333005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.005971,
        "energy": 91.897202,
        "activity_lines": [
          19.033333,
          19.94068,
          20.924344,
          21.825778
        ]
      },
      {
        "date": "2026-07-24",
        "close": 18.1,
        "volume": 8764543,
        "typical_volume": 2389065.05,
        "trend": 22.910249,
        "fair_value": 28.524506,
        "relative_strength": -48.383254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.714216,
        "energy": 85.984139,
        "activity_lines": [
          18.563333,
          19.469635,
          20.586689,
          21.496945
        ]
      },
      {
        "date": "2026-07-31",
        "close": 18.6,
        "volume": 3483521,
        "typical_volume": 2403610.6,
        "trend": 22.691916,
        "fair_value": 28.443248,
        "relative_strength": -45.42438,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.052131,
        "energy": 71.157059,
        "activity_lines": [
          18.473333,
          19.160408,
          20.322606,
          21.218865
        ]
      },
      {
        "date": "2026-08-07",
        "close": 18.200001,
        "volume": 987641,
        "typical_volume": 2321765.65,
        "trend": 22.453583,
        "fair_value": 28.360362,
        "relative_strength": -47.055387,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.055553,
        "energy": 64.849716,
        "activity_lines": [
          18.32,
          18.866636,
          20.041142,
          20.929064
        ]
      },
      {
        "date": "2026-08-14",
        "close": 19.200001,
        "volume": 3497222,
        "typical_volume": 2423866.3,
        "trend": 22.080249,
        "fair_value": 28.283885,
        "relative_strength": -44.967363,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.992618,
        "energy": 55.162406,
        "activity_lines": [
          18.586667,
          18.819227,
          19.878963,
          20.719155
        ]
      }
    ],
    "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."
    }
  }
}