{
  "ticker": {
    "uuid": "909f4fcf-da4a-428b-a051-395fa574948f",
    "symbol": "DBCORP",
    "name": "D. B. Corp Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -16.117,
    "architecture_energy": 18.644,
    "architecture_maturity": 27.904,
    "architecture_confidence": 53.067,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 49.23,
        "rotation_up": 43.14,
        "upward_expansion": 28.36,
        "deceleration": 38.09,
        "rotation_down": 19.31,
        "downward_expansion": 48.7
      },
      "activity_lines": [
        208.660453,
        204.357888,
        205.415266,
        207.593618
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 0.333333
    },
    "latest_close": 210.410004,
    "trend_reference": 213.453428,
    "distance_from_trend": -0.014258,
    "trend_direction": "Weakening",
    "fair_value": 257.072261,
    "distance_from_fair_value": -0.181514,
    "fair_value_direction": "Weakening",
    "relative_strength": -8.882219,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.113877,
    "excess_performance": -0.070167,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.014258,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.073943,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.181514,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.097404,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.088822,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.057638,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.113877,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.847556,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 590040,
      "relative_activity": 0.386083,
      "balance": 5.847556,
      "dry_up": 1.343318,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.059824,
      "annualized_volatility": 0.269711,
      "from_high_reference": -0.263444,
      "from_low_reference": 0.140372
    },
    "levels": {
      "trend_reference": 213.453428,
      "fair_value_reference": 257.072261,
      "structural_low": 184.509995,
      "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": 13,
        "median_return": -0.026226,
        "positive_rate": 0.461538,
        "directional_follow_through": 0.461538,
        "median_excess_return": -0.01227,
        "regime_survival": 0.384615,
        "best_return": 0.096429,
        "worst_return": -0.182843,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.000632,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.029662,
        "regime_survival": 0.25,
        "best_return": 0.159301,
        "worst_return": -0.330956,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.07624,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.043422,
        "regime_survival": 0.166667,
        "best_return": 1.437573,
        "worst_return": -0.164036,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.146171,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.159587,
        "regime_survival": 0.0,
        "best_return": 2.013406,
        "worst_return": -0.225826,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-01-26",
        "end": "2024-03-01",
        "tenure": "Developing",
        "return": -0.16594,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-03-08",
        "end": "2024-06-14",
        "tenure": "Established",
        "return": 0.186717,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-06-21",
        "end": "2024-08-16",
        "tenure": "Developing",
        "return": 0.132042,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-23",
        "end": "2024-12-06",
        "tenure": "Established",
        "return": -0.007364,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-13",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": -0.138543,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-17",
        "end": "2025-05-30",
        "tenure": "Established",
        "return": -0.07906,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-06",
        "end": "2025-06-13",
        "tenure": "New",
        "return": 0.030105,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-20",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.03834,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": -0.047927,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-29",
        "end": "2025-09-12",
        "tenure": "New",
        "return": 0.062137,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-19",
        "end": "2025-10-17",
        "tenure": "Developing",
        "return": -0.122453,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-24",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": -0.018926,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-12",
        "end": "2026-07-31",
        "tenure": "Extended",
        "return": -0.130182,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 226.9888,
        "volume": 805514,
        "typical_volume": 2329797.9,
        "trend": 122.843403,
        "fair_value": 85.746167,
        "relative_strength": 87.074777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.315914,
        "energy": 87.248379,
        "activity_lines": [
          216.32709,
          194.278662,
          162.33338,
          143.606892
        ]
      },
      {
        "date": "2023-08-25",
        "close": 212.656967,
        "volume": 1834242,
        "typical_volume": 2397795.75,
        "trend": 126.353983,
        "fair_value": 86.70362,
        "relative_strength": 72.528214,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.359887,
        "energy": 68.348994,
        "activity_lines": [
          216.486687,
          201.315875,
          169.310086,
          149.401315
        ]
      },
      {
        "date": "2023-09-01",
        "close": 207.151733,
        "volume": 713809,
        "typical_volume": 2411810.6,
        "trend": 130.152766,
        "fair_value": 87.641792,
        "relative_strength": 63.886725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.629431,
        "energy": 66.963849,
        "activity_lines": [
          214.431389,
          205.704062,
          175.193794,
          154.614073
        ]
      },
      {
        "date": "2023-09-08",
        "close": 202.010483,
        "volume": 634299,
        "typical_volume": 2375151.95,
        "trend": 133.879481,
        "fair_value": 88.562016,
        "relative_strength": 54.46479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.841502,
        "energy": 63.16818,
        "activity_lines": [
          210.033265,
          207.678032,
          180.041421,
          159.250055
        ]
      },
      {
        "date": "2023-09-15",
        "close": 221.392563,
        "volume": 1982942,
        "typical_volume": 2401503.6,
        "trend": 138.30484,
        "fair_value": 89.595228,
        "relative_strength": 64.228563,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.149287,
        "energy": 60.957722,
        "activity_lines": [
          212.584179,
          211.805551,
          186.23783,
          164.89606
        ]
      },
      {
        "date": "2023-09-22",
        "close": 219.299683,
        "volume": 1383012,
        "typical_volume": 2431197.2,
        "trend": 142.807937,
        "fair_value": 90.618026,
        "relative_strength": 64.675877,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.892358,
        "energy": 55.353136,
        "activity_lines": [
          214.33737,
          214.045892,
          191.670111,
          170.121534
        ]
      },
      {
        "date": "2023-09-29",
        "close": 233.040024,
        "volume": 983164,
        "typical_volume": 2450135.15,
        "trend": 147.688723,
        "fair_value": 91.713894,
        "relative_strength": 72.583233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.195581,
        "energy": 57.950374,
        "activity_lines": [
          221.183283,
          217.809491,
          197.863456,
          175.942959
        ]
      },
      {
        "date": "2023-10-06",
        "close": 239.18222,
        "volume": 1215368,
        "typical_volume": 2414490.9,
        "trend": 152.733357,
        "fair_value": 92.860642,
        "relative_strength": 74.215251,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.509906,
        "energy": 61.523346,
        "activity_lines": [
          228.717724,
          222.215665,
          204.030055,
          181.845765
        ]
      },
      {
        "date": "2023-10-13",
        "close": 265.75296,
        "volume": 1508022,
        "typical_volume": 2377129.8,
        "trend": 158.717718,
        "fair_value": 94.18747,
        "relative_strength": 88.793013,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.089259,
        "energy": 68.24718,
        "activity_lines": [
          242.973712,
          230.698944,
          212.089365,
          189.137353
        ]
      },
      {
        "date": "2023-10-20",
        "close": 291.459229,
        "volume": 1412203,
        "typical_volume": 2371604.0,
        "trend": 165.515142,
        "fair_value": 95.681084,
        "relative_strength": 104.316867,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.255182,
        "energy": 92.65818,
        "activity_lines": [
          261.548958,
          242.830321,
          221.86236,
          197.701321
        ]
      },
      {
        "date": "2023-10-27",
        "close": 274.807037,
        "volume": 1319023,
        "typical_volume": 2384915.35,
        "trend": 171.826133,
        "fair_value": 97.073205,
        "relative_strength": 93.124248,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.130106,
        "energy": 85.89341,
        "activity_lines": [
          269.902363,
          250.632788,
          229.226946,
          204.752411
        ]
      },
      {
        "date": "2023-11-03",
        "close": 277.627899,
        "volume": 710397,
        "typical_volume": 2354915.45,
        "trend": 177.972661,
        "fair_value": 98.478407,
        "relative_strength": 88.890061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.971977,
        "energy": 85.67389,
        "activity_lines": [
          275.495565,
          258.078717,
          236.114004,
          211.578331
        ]
      },
      {
        "date": "2023-11-10",
        "close": 273.256073,
        "volume": 565798,
        "typical_volume": 2313323.35,
        "trend": 184.001209,
        "fair_value": 99.851581,
        "relative_strength": 80.091191,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.996928,
        "energy": 74.833911,
        "activity_lines": [
          276.658966,
          263.548479,
          241.843674,
          217.725648
        ]
      },
      {
        "date": "2023-11-17",
        "close": 272.065369,
        "volume": 621702,
        "typical_volume": 2312946.1,
        "trend": 189.816278,
        "fair_value": 101.190357,
        "relative_strength": 72.877628,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.17812,
        "energy": 60.422432,
        "activity_lines": [
          275.153876,
          267.599852,
          246.757686,
          223.407207
        ]
      },
      {
        "date": "2023-11-24",
        "close": 264.234558,
        "volume": 702669,
        "typical_volume": 2219380.95,
        "trend": 195.197994,
        "fair_value": 102.479687,
        "relative_strength": 64.171356,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.744896,
        "energy": 52.748262,
        "activity_lines": [
          270.617688,
          268.953716,
          250.233382,
          228.208386
        ]
      },
      {
        "date": "2023-12-01",
        "close": 242.298935,
        "volume": 1780940,
        "typical_volume": 2076672.5,
        "trend": 199.797408,
        "fair_value": 103.593633,
        "relative_strength": 44.815342,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.147742,
        "energy": 34.014604,
        "activity_lines": [
          260.584604,
          265.54034,
          251.021361,
          231.247157
        ]
      },
      {
        "date": "2023-12-08",
        "close": 229.70546,
        "volume": 1493481,
        "typical_volume": 1361687.0,
        "trend": 203.968277,
        "fair_value": 104.637358,
        "relative_strength": 31.090197,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.132122,
        "energy": 21.336758,
        "activity_lines": [
          248.520902,
          259.419072,
          250.245087,
          233.176709
        ]
      },
      {
        "date": "2023-12-15",
        "close": 240.192398,
        "volume": 1055826,
        "typical_volume": 1261172.6,
        "trend": 208.466805,
        "fair_value": 105.746806,
        "relative_strength": 32.304036,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.030808,
        "energy": 23.759803,
        "activity_lines": [
          243.147675,
          255.265149,
          250.359257,
          235.513749
        ]
      },
      {
        "date": "2023-12-22",
        "close": 231.216675,
        "volume": 747680,
        "typical_volume": 1137819.65,
        "trend": 212.457304,
        "fair_value": 106.822731,
        "relative_strength": 26.510734,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.437318,
        "energy": 20.719391,
        "activity_lines": [
          236.986785,
          249.46091,
          249.416325,
          236.981482
        ]
      },
      {
        "date": "2023-12-29",
        "close": 244.817642,
        "volume": 558350,
        "typical_volume": 1101422.05,
        "trend": 216.65999,
        "fair_value": 107.975336,
        "relative_strength": 30.050708,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.410753,
        "energy": 16.734791,
        "activity_lines": [
          238.082797,
          246.757506,
          249.664528,
          239.069246
        ]
      },
      {
        "date": "2024-01-05",
        "close": 258.601807,
        "volume": 939884,
        "typical_volume": 1108140.55,
        "trend": 221.343089,
        "fair_value": 109.211048,
        "relative_strength": 35.859021,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.402128,
        "energy": 12.621259,
        "activity_lines": [
          245.067992,
          247.408343,
          251.106811,
          241.77517
        ]
      },
      {
        "date": "2024-01-12",
        "close": 265.287811,
        "volume": 1082001,
        "typical_volume": 1070528.5,
        "trend": 226.11892,
        "fair_value": 110.493371,
        "relative_strength": 36.473786,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.750215,
        "energy": 23.048714,
        "activity_lines": [
          253.194997,
          249.569457,
          253.035318,
          244.610313
        ]
      },
      {
        "date": "2024-01-19",
        "close": 300.183258,
        "volume": 2067292,
        "typical_volume": 1138202.65,
        "trend": 231.932286,
        "fair_value": 112.016893,
        "relative_strength": 53.802039,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 75.085155,
        "energy": 62.228406,
        "activity_lines": [
          270.581661,
          258.299564,
          258.036578,
          249.388657
        ]
      },
      {
        "date": "2024-01-26",
        "close": 314.883331,
        "volume": 3842372,
        "typical_volume": 1298606.3,
        "trend": 238.207234,
        "fair_value": 113.625891,
        "relative_strength": 60.416231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.815115,
        "energy": 78.586137,
        "activity_lines": [
          288.868958,
          269.212825,
          263.994838,
          254.740338
        ]
      },
      {
        "date": "2024-02-02",
        "close": 292.85614,
        "volume": 1934128,
        "typical_volume": 1296165.6,
        "trend": 243.351553,
        "fair_value": 115.066424,
        "relative_strength": 43.320025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.5105,
        "energy": 71.634335,
        "activity_lines": [
          294.236082,
          275.342635,
          267.31778,
          258.266074
        ]
      },
      {
        "date": "2024-02-09",
        "close": 271.836426,
        "volume": 1606463,
        "typical_volume": 1307338.15,
        "trend": 246.890252,
        "fair_value": 116.375466,
        "relative_strength": 31.460423,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.612382,
        "energy": 65.236877,
        "activity_lines": [
          289.394067,
          277.130286,
          268.298542,
          260.103807
        ]
      },
      {
        "date": "2024-02-16",
        "close": 280.445831,
        "volume": 635122,
        "typical_volume": 1289936.05,
        "trend": 249.339789,
        "fair_value": 117.713933,
        "relative_strength": 31.954227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.950059,
        "energy": 39.443435,
        "activity_lines": [
          286.539547,
          279.946238,
          269.849073,
          262.268683
        ]
      },
      {
        "date": "2024-02-23",
        "close": 273.210266,
        "volume": 332605,
        "typical_volume": 1245797.9,
        "trend": 251.856279,
        "fair_value": 118.965244,
        "relative_strength": 25.679915,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 38.589049,
        "energy": 22.4108,
        "activity_lines": [
          280.262636,
          280.52408,
          270.48476,
          263.808714
        ]
      },
      {
        "date": "2024-03-01",
        "close": 262.631744,
        "volume": 307851,
        "typical_volume": 1185789.35,
        "trend": 253.632815,
        "fair_value": 120.154997,
        "relative_strength": 18.540132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 29.029339,
        "energy": 16.730194,
        "activity_lines": [
          272.257751,
          278.578231,
          269.95093,
          264.503906
        ]
      },
      {
        "date": "2024-03-08",
        "close": 254.434509,
        "volume": 665930,
        "typical_volume": 1148475.7,
        "trend": 254.784261,
        "fair_value": 121.300209,
        "relative_strength": 12.680747,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.046565,
        "energy": 13.634782,
        "activity_lines": [
          265.003894,
          274.570791,
          268.651274,
          264.555628
        ]
      },
      {
        "date": "2024-03-15",
        "close": 228.331619,
        "volume": 888025,
        "typical_volume": 1126925.8,
        "trend": 254.829022,
        "fair_value": 122.295355,
        "relative_strength": 2.236543,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.789943,
        "energy": 21.693635,
        "activity_lines": [
          251.610515,
          265.64252,
          265.041937,
          262.849006
        ]
      },
      {
        "date": "2024-03-22",
        "close": 241.337265,
        "volume": 279586,
        "typical_volume": 1105385.25,
        "trend": 255.785032,
        "fair_value": 123.39063,
        "relative_strength": 6.538034,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.055428,
        "energy": 25.614158,
        "activity_lines": [
          245.452672,
          259.629278,
          262.892544,
          261.97857
        ]
      },
      {
        "date": "2024-03-29",
        "close": 241.154099,
        "volume": 372729,
        "typical_volume": 1095731.8,
        "trend": 256.918444,
        "fair_value": 124.478727,
        "relative_strength": 4.21088,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.636004,
        "energy": 35.104724,
        "activity_lines": [
          241.841012,
          254.018198,
          260.89852,
          261.034639
        ]
      },
      {
        "date": "2024-04-05",
        "close": 270.279449,
        "volume": 378886,
        "typical_volume": 1083591.0,
        "trend": 259.194076,
        "fair_value": 125.751774,
        "relative_strength": 14.404049,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.84205,
        "energy": 20.896715,
        "activity_lines": [
          250.074879,
          254.775894,
          261.831205,
          261.896639
        ]
      },
      {
        "date": "2024-04-12",
        "close": 259.884064,
        "volume": 222518,
        "typical_volume": 1059583.45,
        "trend": 260.477126,
        "fair_value": 126.985949,
        "relative_strength": 8.709453,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.231795,
        "energy": 11.169986,
        "activity_lines": [
          254.333771,
          254.454499,
          261.782358,
          261.941154
        ]
      },
      {
        "date": "2024-04-19",
        "close": 256.083099,
        "volume": 265181,
        "typical_volume": 983795.5,
        "trend": 261.70324,
        "fair_value": 128.245038,
        "relative_strength": 7.7449,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -32.57987,
        "energy": 14.513528,
        "activity_lines": [
          256.962371,
          254.041512,
          261.39223,
          261.657669
        ]
      },
      {
        "date": "2024-04-26",
        "close": 258.556,
        "volume": 221733,
        "typical_volume": 920208.1,
        "trend": 262.553772,
        "fair_value": 129.495966,
        "relative_strength": 6.347498,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -29.121354,
        "energy": 17.028172,
        "activity_lines": [
          258.565172,
          254.364568,
          261.171978,
          261.454621
        ]
      },
      {
        "date": "2024-05-03",
        "close": 252.648499,
        "volume": 191488,
        "typical_volume": 876991.2,
        "trend": 263.002648,
        "fair_value": 130.700769,
        "relative_strength": 2.663752,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -32.552041,
        "energy": 14.761004,
        "activity_lines": [
          257.050891,
          254.011529,
          260.251724,
          260.815571
        ]
      },
      {
        "date": "2024-05-10",
        "close": 243.5354,
        "volume": 203046,
        "typical_volume": 849759.5,
        "trend": 262.262063,
        "fair_value": 131.839652,
        "relative_strength": -0.087586,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -51.511032,
        "energy": 27.835998,
        "activity_lines": [
          251.732617,
          252.375414,
          258.40424,
          259.55962
        ]
      },
      {
        "date": "2024-05-17",
        "close": 255.25882,
        "volume": 291618,
        "typical_volume": 836422.9,
        "trend": 261.055383,
        "fair_value": 133.022916,
        "relative_strength": 1.81795,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.665191,
        "energy": 24.214847,
        "activity_lines": [
          252.105086,
          253.218035,
          257.614612,
          259.107797
        ]
      },
      {
        "date": "2024-05-24",
        "close": 267.989685,
        "volume": 1731224,
        "typical_volume": 875989.9,
        "trend": 260.828138,
        "fair_value": 134.265777,
        "relative_strength": 3.601724,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -22.443374,
        "energy": 10.417238,
        "activity_lines": [
          257.029527,
          256.360372,
          257.987728,
          259.555172
        ]
      },
      {
        "date": "2024-05-31",
        "close": 277.011261,
        "volume": 1589189,
        "typical_volume": 901349.3,
        "trend": 260.807583,
        "fair_value": 135.564216,
        "relative_strength": 8.030366,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 15.154521,
        "energy": 10.694213,
        "activity_lines": [
          264.167387,
          260.42194,
          259.175337,
          260.599244
        ]
      },
      {
        "date": "2024-06-07",
        "close": 279.175018,
        "volume": 1428265,
        "typical_volume": 869397.95,
        "trend": 261.004881,
        "fair_value": 136.793978,
        "relative_strength": 4.332456,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 27.529447,
        "energy": 27.386634,
        "activity_lines": [
          270.796149,
          264.2283,
          260.513192,
          261.78424
        ]
      },
      {
        "date": "2024-06-14",
        "close": 301.941742,
        "volume": 1833461,
        "typical_volume": 768952.4,
        "trend": 262.00076,
        "fair_value": 138.190443,
        "relative_strength": 10.812525,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 63.665531,
        "energy": 60.981714,
        "activity_lines": [
          283.245384,
          271.482775,
          264.119346,
          264.425328
        ]
      },
      {
        "date": "2024-06-21",
        "close": 285.290039,
        "volume": 742455,
        "typical_volume": 709368.75,
        "trend": 262.70261,
        "fair_value": 139.478165,
        "relative_strength": 3.616429,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.260718,
        "energy": 62.202821,
        "activity_lines": [
          286.250295,
          275.13399,
          266.20125,
          265.927862
        ]
      },
      {
        "date": "2024-06-28",
        "close": 298.037537,
        "volume": 814140,
        "typical_volume": 669752.6,
        "trend": 264.560563,
        "fair_value": 140.882372,
        "relative_strength": 4.94786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.789413,
        "energy": 66.475411,
        "activity_lines": [
          291.502291,
          280.641005,
          269.533231,
          268.207535
        ]
      },
      {
        "date": "2024-07-05",
        "close": 343.006592,
        "volume": 2208647,
        "typical_volume": 748428.85,
        "trend": 268.337268,
        "fair_value": 142.541573,
        "relative_strength": 17.897748,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.570136,
        "energy": 82.453698,
        "activity_lines": [
          309.740782,
          293.561403,
          277.023211,
          273.268569
        ]
      },
      {
        "date": "2024-07-12",
        "close": 362.668793,
        "volume": 1725702,
        "typical_volume": 818083.7,
        "trend": 272.419814,
        "fair_value": 144.307302,
        "relative_strength": 22.501496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.525791,
        "energy": 88.616784,
        "activity_lines": [
          330.133651,
          308.521282,
          286.087874,
          279.354474
        ]
      },
      {
        "date": "2024-07-19",
        "close": 329.976837,
        "volume": 3390616,
        "typical_volume": 972221.95,
        "trend": 275.711819,
        "fair_value": 145.921001,
        "relative_strength": 10.804497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.73693,
        "energy": 78.655464,
        "activity_lines": [
          334.06295,
          315.5368,
          291.613024,
          283.06783
        ]
      },
      {
        "date": "2024-07-26",
        "close": 342.959564,
        "volume": 1183726,
        "typical_volume": 998111.75,
        "trend": 278.983217,
        "fair_value": 147.655943,
        "relative_strength": 13.083562,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.78797,
        "energy": 79.043008,
        "activity_lines": [
          340.450818,
          323.341151,
          298.053933,
          287.406394
        ]
      },
      {
        "date": "2024-08-02",
        "close": 324.97464,
        "volume": 1340566,
        "typical_volume": 1020738.8,
        "trend": 281.195645,
        "fair_value": 149.281102,
        "relative_strength": 7.25227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.880984,
        "energy": 57.283661,
        "activity_lines": [
          336.999076,
          326.280957,
          302.360445,
          290.373583
        ]
      },
      {
        "date": "2024-08-09",
        "close": 326.125702,
        "volume": 1026549,
        "typical_volume": 1058086.95,
        "trend": 283.223574,
        "fair_value": 150.914889,
        "relative_strength": 8.826361,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.299491,
        "energy": 42.2184,
        "activity_lines": [
          332.135215,
          328.393957,
          306.316376,
          293.272296
        ]
      },
      {
        "date": "2024-08-16",
        "close": 322.960388,
        "volume": 504718,
        "typical_volume": 1064686.4,
        "trend": 283.982812,
        "fair_value": 152.550399,
        "relative_strength": 6.772953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.310977,
        "energy": 32.686184,
        "activity_lines": [
          327.341642,
          329.038455,
          309.567095,
          295.835961
        ]
      },
      {
        "date": "2024-08-23",
        "close": 325.646118,
        "volume": 778943,
        "typical_volume": 1084689.25,
        "trend": 284.341572,
        "fair_value": 154.215036,
        "relative_strength": 6.093395,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.351071,
        "energy": 26.815112,
        "activity_lines": [
          326.090539,
          329.375171,
          312.684044,
          298.523917
        ]
      },
      {
        "date": "2024-08-30",
        "close": 321.665466,
        "volume": 822910,
        "typical_volume": 1114708.85,
        "trend": 285.301882,
        "fair_value": 155.810106,
        "relative_strength": 2.748877,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.576525,
        "energy": 24.167576,
        "activity_lines": [
          323.801267,
          328.557143,
          315.158232,
          300.93191
        ]
      },
      {
        "date": "2024-09-06",
        "close": 315.478638,
        "volume": 602377,
        "typical_volume": 1131568.65,
        "trend": 286.756623,
        "fair_value": 157.370639,
        "relative_strength": 1.933346,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.148516,
        "energy": 20.683818,
        "activity_lines": [
          320.869326,
          325.952865,
          316.749001,
          302.878797
        ]
      },
      {
        "date": "2024-09-13",
        "close": 316.965424,
        "volume": 657132,
        "typical_volume": 1153338.6,
        "trend": 287.973943,
        "fair_value": 158.888968,
        "relative_strength": 0.139143,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.088671,
        "energy": 18.077686,
        "activity_lines": [
          319.066046,
          323.301802,
          318.198533,
          304.827752
        ]
      },
      {
        "date": "2024-09-20",
        "close": 321.617523,
        "volume": 1180194,
        "typical_volume": 1202773.9,
        "trend": 289.587518,
        "fair_value": 160.45215,
        "relative_strength": -0.30601,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.445559,
        "energy": 15.791906,
        "activity_lines": [
          319.424152,
          321.97005,
          319.812982,
          306.998306
        ]
      },
      {
        "date": "2024-09-27",
        "close": 323.631805,
        "volume": 2283264,
        "typical_volume": 1306784.8,
        "trend": 291.620853,
        "fair_value": 162.0153,
        "relative_strength": -1.243714,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.591192,
        "energy": 16.297563,
        "activity_lines": [
          320.543209,
          321.750918,
          321.290844,
          309.194711
        ]
      },
      {
        "date": "2024-10-04",
        "close": 310.059235,
        "volume": 733156,
        "typical_volume": 1328861.7,
        "trend": 293.475011,
        "fair_value": 163.483258,
        "relative_strength": -1.015619,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.433121,
        "energy": 10.37757,
        "activity_lines": [
          317.272363,
          319.179411,
          321.094668,
          310.384285
        ]
      },
      {
        "date": "2024-10-11",
        "close": 336.005371,
        "volume": 8656657,
        "typical_volume": 1675133.35,
        "trend": 297.064136,
        "fair_value": 165.127575,
        "relative_strength": 7.483144,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.827117,
        "energy": 22.087911,
        "activity_lines": [
          323.423979,
          321.92357,
          323.108599,
          313.128179
        ]
      },
      {
        "date": "2024-10-18",
        "close": 315.574585,
        "volume": 3310596,
        "typical_volume": 1761203.7,
        "trend": 299.538713,
        "fair_value": 166.618736,
        "relative_strength": 1.741606,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.222709,
        "energy": 16.328934,
        "activity_lines": [
          321.396883,
          320.752482,
          322.852856,
          314.322401
        ]
      },
      {
        "date": "2024-10-25",
        "close": 289.958069,
        "volume": 1246094,
        "typical_volume": 1752095.15,
        "trend": 301.165512,
        "fair_value": 167.957575,
        "relative_strength": -3.552307,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.255185,
        "energy": 6.397312,
        "activity_lines": [
          310.923672,
          315.115685,
          319.97381,
          313.704295
        ]
      },
      {
        "date": "2024-11-01",
        "close": 316.131775,
        "volume": 915377,
        "typical_volume": 1706190.95,
        "trend": 302.693923,
        "fair_value": 169.452836,
        "relative_strength": 4.851066,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.789677,
        "energy": 9.353931,
        "activity_lines": [
          311.285659,
          314.837785,
          319.53615,
          314.669861
        ]
      },
      {
        "date": "2024-11-08",
        "close": 304.531525,
        "volume": 752325,
        "typical_volume": 1706684.45,
        "trend": 304.182172,
        "fair_value": 170.868982,
        "relative_strength": 1.886721,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.590928,
        "energy": 11.604378,
        "activity_lines": [
          308.280898,
          312.623737,
          317.926133,
          314.788416
        ]
      },
      {
        "date": "2024-11-15",
        "close": 286.058807,
        "volume": 369140,
        "typical_volume": 1684434.45,
        "trend": 305.181362,
        "fair_value": 172.172524,
        "relative_strength": -1.540752,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -23.70548,
        "energy": 31.020249,
        "activity_lines": [
          299.487079,
          307.362539,
          314.465183,
          313.619166
        ]
      },
      {
        "date": "2024-11-22",
        "close": 288.642059,
        "volume": 238037,
        "typical_volume": 1585903.95,
        "trend": 306.184231,
        "fair_value": 173.515079,
        "relative_strength": -2.013437,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -30.596851,
        "energy": 35.581196,
        "activity_lines": [
          294.884114,
          303.10593,
          311.307299,
          312.552114
        ]
      },
      {
        "date": "2024-11-29",
        "close": 303.313019,
        "volume": 270601,
        "typical_volume": 1513148.9,
        "trend": 307.873048,
        "fair_value": 174.96568,
        "relative_strength": 1.91406,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.338923,
        "energy": 32.684288,
        "activity_lines": [
          296.966972,
          302.031738,
          309.805528,
          312.366875
        ]
      },
      {
        "date": "2024-12-06",
        "close": 323.247925,
        "volume": 433792,
        "typical_volume": 1365307.7,
        "trend": 310.530132,
        "fair_value": 176.537728,
        "relative_strength": 5.852162,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -10.421859,
        "energy": 10.977116,
        "activity_lines": [
          304.804468,
          304.914883,
          310.484966,
          313.358802
        ]
      },
      {
        "date": "2024-12-13",
        "close": 321.200836,
        "volume": 569508,
        "typical_volume": 1334596.8,
        "trend": 312.728199,
        "fair_value": 178.106692,
        "relative_strength": 4.509386,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 3.479659,
        "energy": 5.305805,
        "activity_lines": [
          311.485191,
          307.43281,
          311.001485,
          314.047235
        ]
      },
      {
        "date": "2024-12-20",
        "close": 300.729736,
        "volume": 328191,
        "typical_volume": 1283978.05,
        "trend": 313.819534,
        "fair_value": 179.557639,
        "relative_strength": 2.442303,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -32.406844,
        "energy": 17.656104,
        "activity_lines": [
          310.230926,
          306.026145,
          309.671989,
          313.273141
        ]
      },
      {
        "date": "2024-12-27",
        "close": 296.927979,
        "volume": 203206,
        "typical_volume": 1242810.9,
        "trend": 314.483425,
        "fair_value": 180.969422,
        "relative_strength": 0.0018,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -36.239883,
        "energy": 17.805766,
        "activity_lines": [
          306.731348,
          304.569626,
          308.095873,
          312.183363
        ]
      },
      {
        "date": "2025-01-03",
        "close": 298.097748,
        "volume": 220097,
        "typical_volume": 1228579.85,
        "trend": 315.114183,
        "fair_value": 182.387384,
        "relative_strength": -0.482353,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -46.298693,
        "energy": 21.570603,
        "activity_lines": [
          303.069297,
          303.664821,
          306.7702,
          311.126222
        ]
      },
      {
        "date": "2025-01-10",
        "close": 276.700623,
        "volume": 381603,
        "typical_volume": 1208712.85,
        "trend": 314.272812,
        "fair_value": 183.640447,
        "relative_strength": -5.32079,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -64.012369,
        "energy": 52.391524,
        "activity_lines": [
          292.622557,
          298.721636,
          303.525099,
          308.647928
        ]
      },
      {
        "date": "2025-01-17",
        "close": 265.587769,
        "volume": 813427,
        "typical_volume": 1208238.7,
        "trend": 313.61607,
        "fair_value": 184.849483,
        "relative_strength": -7.883044,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.61099,
        "energy": 68.00029,
        "activity_lines": [
          281.574685,
          292.474862,
          299.454705,
          305.506958
        ]
      },
      {
        "date": "2025-01-24",
        "close": 252.57399,
        "volume": 306689,
        "typical_volume": 1193454.3,
        "trend": 312.100618,
        "fair_value": 185.999664,
        "relative_strength": -11.453662,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.350818,
        "energy": 78.667987,
        "activity_lines": [
          269.896425,
          284.570015,
          294.41194,
          301.568759
        ]
      },
      {
        "date": "2025-01-31",
        "close": 255.790878,
        "volume": 315050,
        "typical_volume": 1176350.2,
        "trend": 309.193428,
        "fair_value": 187.179976,
        "relative_strength": -11.566594,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.853768,
        "energy": 81.31617,
        "activity_lines": [
          262.500843,
          277.858871,
          289.975091,
          297.935873
        ]
      },
      {
        "date": "2025-02-07",
        "close": 226.107834,
        "volume": 1039974,
        "typical_volume": 1169339.2,
        "trend": 304.641396,
        "fair_value": 188.15654,
        "relative_strength": -21.646818,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.03088,
        "energy": 89.641622,
        "activity_lines": [
          247.953388,
          266.348104,
          283.002593,
          292.575512
        ]
      },
      {
        "date": "2025-02-14",
        "close": 200.372772,
        "volume": 3995707,
        "typical_volume": 1254961.35,
        "trend": 300.32126,
        "fair_value": 188.977381,
        "relative_strength": -28.205667,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.807685,
        "energy": 94.686079,
        "activity_lines": [
          229.626905,
          251.561966,
          274.033945,
          285.848504
        ]
      },
      {
        "date": "2025-02-21",
        "close": 217.188293,
        "volume": 2304310,
        "typical_volume": 1333519.05,
        "trend": 296.128884,
        "fair_value": 189.931637,
        "relative_strength": -21.381036,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.970364,
        "energy": 87.253416,
        "activity_lines": [
          221.99412,
          242.067289,
          267.253722,
          280.485086
        ]
      },
      {
        "date": "2025-02-28",
        "close": 197.740784,
        "volume": 2206863,
        "typical_volume": 1011029.35,
        "trend": 291.887756,
        "fair_value": 190.753569,
        "relative_strength": -25.917808,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.364063,
        "energy": 90.110578,
        "activity_lines": [
          211.105464,
          230.927839,
          259.063599,
          274.137467
        ]
      },
      {
        "date": "2025-03-07",
        "close": 224.294662,
        "volume": 1517884,
        "typical_volume": 921393.75,
        "trend": 288.493388,
        "fair_value": 191.711906,
        "relative_strength": -17.383676,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.808541,
        "energy": 71.372795,
        "activity_lines": [
          212.723647,
          226.488892,
          254.060819,
          269.776622
        ]
      },
      {
        "date": "2025-03-14",
        "close": 214.897476,
        "volume": 495562,
        "typical_volume": 883867.15,
        "trend": 284.891291,
        "fair_value": 192.610533,
        "relative_strength": -20.197636,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.059033,
        "energy": 58.861537,
        "activity_lines": [
          213.309183,
          221.661972,
          248.597735,
          265.028499
        ]
      },
      {
        "date": "2025-03-21",
        "close": 231.995697,
        "volume": 620190,
        "typical_volume": 869107.8,
        "trend": 281.76961,
        "fair_value": 193.642802,
        "relative_strength": -17.234468,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.262687,
        "energy": 50.198533,
        "activity_lines": [
          220.341482,
          221.456552,
          245.120485,
          261.61588
        ]
      },
      {
        "date": "2025-03-28",
        "close": 225.571671,
        "volume": 745280,
        "typical_volume": 868755.55,
        "trend": 278.566484,
        "fair_value": 194.629929,
        "relative_strength": -19.949153,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.910769,
        "energy": 36.686926,
        "activity_lines": [
          223.124245,
          220.895944,
          241.432071,
          257.990207
        ]
      },
      {
        "date": "2025-04-04",
        "close": 219.752029,
        "volume": 421525,
        "typical_volume": 871374.8,
        "trend": 275.375597,
        "fair_value": 195.546996,
        "relative_strength": -19.609721,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.964685,
        "energy": 34.377046,
        "activity_lines": [
          223.408236,
          220.004785,
          237.565404,
          254.195726
        ]
      },
      {
        "date": "2025-04-11",
        "close": 231.069611,
        "volume": 503305,
        "typical_volume": 884638.2,
        "trend": 272.512403,
        "fair_value": 196.544535,
        "relative_strength": -14.994157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.46601,
        "energy": 27.839373,
        "activity_lines": [
          225.997337,
          221.76813,
          235.092349,
          251.337275
        ]
      },
      {
        "date": "2025-04-18",
        "close": 238.838867,
        "volume": 344855,
        "typical_volume": 888350.9,
        "trend": 269.753114,
        "fair_value": 197.570216,
        "relative_strength": -15.693912,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.799061,
        "energy": 24.076872,
        "activity_lines": [
          230.724527,
          225.393546,
          233.633378,
          249.164789
        ]
      },
      {
        "date": "2025-04-25",
        "close": 238.887619,
        "volume": 1037013,
        "typical_volume": 918511.95,
        "trend": 266.928308,
        "fair_value": 198.617871,
        "relative_strength": -16.118474,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.205732,
        "energy": 18.694947,
        "activity_lines": [
          233.871875,
          228.796352,
          232.486069,
          247.173466
        ]
      },
      {
        "date": "2025-05-02",
        "close": 236.616302,
        "volume": 377963,
        "typical_volume": 908934.7,
        "trend": 264.48021,
        "fair_value": 199.67976,
        "relative_strength": -17.761636,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.589305,
        "energy": 18.20704,
        "activity_lines": [
          235.802656,
          231.085921,
          231.524161,
          245.217853
        ]
      },
      {
        "date": "2025-05-09",
        "close": 218.845474,
        "volume": 1384718,
        "typical_volume": 961761.05,
        "trend": 260.57488,
        "fair_value": 200.645432,
        "relative_strength": -22.622415,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.526113,
        "energy": 17.242356,
        "activity_lines": [
          231.073519,
          229.791194,
          229.272576,
          242.273677
        ]
      },
      {
        "date": "2025-05-16",
        "close": 230.143555,
        "volume": 856409,
        "typical_volume": 994421.2,
        "trend": 257.727179,
        "fair_value": 201.681942,
        "relative_strength": -21.641687,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.236292,
        "energy": 16.379443,
        "activity_lines": [
          230.170845,
          230.166942,
          228.486923,
          240.310365
        ]
      },
      {
        "date": "2025-05-23",
        "close": 234.686172,
        "volume": 617949,
        "typical_volume": 1014313.8,
        "trend": 255.884783,
        "fair_value": 202.756817,
        "relative_strength": -19.264221,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.795117,
        "energy": 20.523551,
        "activity_lines": [
          230.844115,
          231.262277,
          228.451922,
          238.823849
        ]
      },
      {
        "date": "2025-05-30",
        "close": 244.590286,
        "volume": 601162,
        "typical_volume": 1025291.75,
        "trend": 253.500067,
        "fair_value": 203.894388,
        "relative_strength": -15.172246,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -11.045005,
        "energy": 10.224261,
        "activity_lines": [
          235.095602,
          233.798566,
          229.66213,
          238.095171
        ]
      },
      {
        "date": "2025-06-06",
        "close": 260.664917,
        "volume": 2097780,
        "typical_volume": 1089509.4,
        "trend": 252.037846,
        "fair_value": 205.149001,
        "relative_strength": -10.278459,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 10.223879,
        "energy": 20.309247,
        "activity_lines": [
          244.325122,
          239.028522,
          232.556162,
          238.55742
        ]
      },
      {
        "date": "2025-06-13",
        "close": 268.512177,
        "volume": 982265,
        "typical_volume": 1123288.2,
        "trend": 251.452959,
        "fair_value": 206.471881,
        "relative_strength": -6.202655,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 34.97516,
        "energy": 50.360277,
        "activity_lines": [
          254.567154,
          245.047193,
          236.220993,
          239.62028
        ]
      },
      {
        "date": "2025-06-20",
        "close": 263.150726,
        "volume": 457219,
        "typical_volume": 1130396.65,
        "trend": 250.603248,
        "fair_value": 207.764883,
        "relative_strength": -9.266864,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 29.495814,
        "energy": 55.844609,
        "activity_lines": [
          259.710922,
          249.204507,
          239.299314,
          240.374975
        ]
      },
      {
        "date": "2025-06-27",
        "close": 266.85498,
        "volume": 532387,
        "typical_volume": 1105017.3,
        "trend": 249.38798,
        "fair_value": 209.067629,
        "relative_strength": -9.573481,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.91614,
        "energy": 64.281652,
        "activity_lines": [
          263.888964,
          253.452029,
          242.695375,
          241.423473
        ]
      },
      {
        "date": "2025-07-04",
        "close": 269.925659,
        "volume": 818073,
        "typical_volume": 946135.6,
        "trend": 247.610571,
        "fair_value": 210.375003,
        "relative_strength": -7.356055,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.614926,
        "energy": 62.720451,
        "activity_lines": [
          266.945978,
          257.748473,
          246.189847,
          242.748485
        ]
      },
      {
        "date": "2025-07-11",
        "close": 262.760773,
        "volume": 634274,
        "typical_volume": 862633.8,
        "trend": 245.662569,
        "fair_value": 211.63724,
        "relative_strength": -8.026511,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.567469,
        "energy": 48.115529,
        "activity_lines": [
          265.925671,
          260.177881,
          248.670744,
          243.725917
        ]
      },
      {
        "date": "2025-07-18",
        "close": 273.240021,
        "volume": 1449127,
        "typical_volume": 824747.0,
        "trend": 244.746245,
        "fair_value": 212.96084,
        "relative_strength": -3.252666,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 67.054153,
        "energy": 50.981221,
        "activity_lines": [
          268.258724,
          264.037254,
          251.932654,
          245.505108
        ]
      },
      {
        "date": "2025-07-25",
        "close": 276.389862,
        "volume": 683079,
        "typical_volume": 783006.75,
        "trend": 244.061641,
        "fair_value": 214.28482,
        "relative_strength": -1.169091,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.803751,
        "energy": 49.746073,
        "activity_lines": [
          271.326534,
          267.480333,
          255.135028,
          247.546632
        ]
      },
      {
        "date": "2025-08-01",
        "close": 264.135651,
        "volume": 629819,
        "typical_volume": 789719.6,
        "trend": 242.929571,
        "fair_value": 215.498548,
        "relative_strength": -4.114252,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.666352,
        "energy": 40.705447,
        "activity_lines": [
          269.426998,
          267.854532,
          256.922262,
          248.841729
        ]
      },
      {
        "date": "2025-08-08",
        "close": 267.459656,
        "volume": 362228,
        "typical_volume": 776821.5,
        "trend": 242.621539,
        "fair_value": 216.718831,
        "relative_strength": -1.696825,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.600336,
        "energy": 40.987582,
        "activity_lines": [
          268.816752,
          268.29765,
          258.7916,
          250.424315
        ]
      },
      {
        "date": "2025-08-15",
        "close": 265.822449,
        "volume": 300948,
        "typical_volume": 754604.9,
        "trend": 242.629361,
        "fair_value": 217.900481,
        "relative_strength": -2.965941,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.775652,
        "energy": 32.080997,
        "activity_lines": [
          267.825171,
          268.027288,
          260.336138,
          251.921148
        ]
      },
      {
        "date": "2025-08-22",
        "close": 263.143402,
        "volume": 262535,
        "typical_volume": 746655.4,
        "trend": 242.981675,
        "fair_value": 219.01387,
        "relative_strength": -4.446883,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.632001,
        "energy": 24.155903,
        "activity_lines": [
          265.736463,
          267.176053,
          261.433859,
          253.244635
        ]
      },
      {
        "date": "2025-08-29",
        "close": 265.078278,
        "volume": 326614,
        "typical_volume": 737820.85,
        "trend": 243.291255,
        "fair_value": 220.133106,
        "relative_strength": -1.674132,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.995638,
        "energy": 22.298209,
        "activity_lines": [
          264.965821,
          266.774227,
          262.509227,
          254.670222
        ]
      },
      {
        "date": "2025-09-05",
        "close": 272.321686,
        "volume": 287069,
        "typical_volume": 734931.55,
        "trend": 244.831717,
        "fair_value": 221.277466,
        "relative_strength": 0.024138,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.59143,
        "energy": 27.096737,
        "activity_lines": [
          267.363753,
          267.654339,
          264.112498,
          256.543153
        ]
      },
      {
        "date": "2025-09-12",
        "close": 281.54953,
        "volume": 705975,
        "typical_volume": 718379.65,
        "trend": 247.537609,
        "fair_value": 222.304325,
        "relative_strength": 2.107712,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.388109,
        "energy": 39.880596,
        "activity_lines": [
          272.291899,
          270.112845,
          266.435169,
          258.912044
        ]
      },
      {
        "date": "2025-09-19",
        "close": 275.099945,
        "volume": 245164,
        "typical_volume": 711739.7,
        "trend": 249.467997,
        "fair_value": 223.364547,
        "relative_strength": -0.791106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.967077,
        "energy": 41.376291,
        "activity_lines": [
          274.130857,
          271.187357,
          267.940442,
          260.690259
        ]
      },
      {
        "date": "2025-09-26",
        "close": 263.589905,
        "volume": 387160,
        "typical_volume": 661861.8,
        "trend": 251.662968,
        "fair_value": 224.364186,
        "relative_strength": -2.062194,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.190693,
        "energy": 33.714565,
        "activity_lines": [
          271.514636,
          269.944786,
          268.166266,
          261.60135
        ]
      },
      {
        "date": "2025-10-03",
        "close": 265.822449,
        "volume": 238062,
        "typical_volume": 630944.45,
        "trend": 253.047228,
        "fair_value": 225.350613,
        "relative_strength": -1.886316,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.347202,
        "energy": 28.581147,
        "activity_lines": [
          269.61283,
          269.283588,
          268.391644,
          262.514865
        ]
      },
      {
        "date": "2025-10-10",
        "close": 264.929443,
        "volume": 261551,
        "typical_volume": 613124.55,
        "trend": 254.71496,
        "fair_value": 226.376251,
        "relative_strength": -3.218453,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.825809,
        "energy": 15.348831,
        "activity_lines": [
          267.363743,
          268.65216,
          268.362074,
          263.28146
        ]
      },
      {
        "date": "2025-10-17",
        "close": 241.413223,
        "volume": 2390821,
        "typical_volume": 702607.5,
        "trend": 255.028877,
        "fair_value": 227.254234,
        "relative_strength": -12.75276,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": -11.511387,
        "energy": 20.247563,
        "activity_lines": [
          257.768733,
          263.730624,
          265.948848,
          262.423283
        ]
      },
      {
        "date": "2025-10-24",
        "close": 256.892242,
        "volume": 610459,
        "typical_volume": 628241.45,
        "trend": 256.072896,
        "fair_value": 228.27104,
        "relative_strength": -7.128366,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -10.638949,
        "energy": 20.147058,
        "activity_lines": [
          256.009149,
          262.097026,
          265.024944,
          262.5435
        ]
      },
      {
        "date": "2025-10-31",
        "close": 265.425568,
        "volume": 1528025,
        "typical_volume": 655529.45,
        "trend": 257.595348,
        "fair_value": 229.336369,
        "relative_strength": -3.304717,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.074518,
        "energy": 16.597794,
        "activity_lines": [
          258.307854,
          262.177309,
          264.931703,
          263.146898
        ]
      },
      {
        "date": "2025-11-07",
        "close": 256.048828,
        "volume": 293557,
        "typical_volume": 647346.35,
        "trend": 258.427988,
        "fair_value": 230.351139,
        "relative_strength": -5.442458,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -12.783583,
        "energy": 18.150093,
        "activity_lines": [
          257.358602,
          260.511236,
          263.960137,
          263.047123
        ]
      },
      {
        "date": "2025-11-14",
        "close": 257.686066,
        "volume": 301106,
        "typical_volume": 635782.3,
        "trend": 259.056228,
        "fair_value": 231.389603,
        "relative_strength": -5.995963,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -7.710228,
        "energy": 8.793661,
        "activity_lines": [
          257.60667,
          259.307015,
          263.178316,
          262.999257
        ]
      },
      {
        "date": "2025-11-21",
        "close": 254.858154,
        "volume": 382401,
        "typical_volume": 613998.7,
        "trend": 259.588579,
        "fair_value": 232.397584,
        "relative_strength": -7.204039,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -21.427687,
        "energy": 12.756056,
        "activity_lines": [
          257.394993,
          257.85473,
          262.170833,
          262.728413
        ]
      },
      {
        "date": "2025-11-28",
        "close": 256.693817,
        "volume": 280371,
        "typical_volume": 596303.55,
        "trend": 260.25783,
        "fair_value": 233.384472,
        "relative_strength": -6.543438,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -19.265169,
        "energy": 14.380374,
        "activity_lines": [
          256.898875,
          257.2215,
          261.409924,
          262.541654
        ]
      },
      {
        "date": "2025-12-05",
        "close": 252.030243,
        "volume": 181980,
        "typical_volume": 532946.2,
        "trend": 261.363989,
        "fair_value": 234.324614,
        "relative_strength": -7.594541,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.573756,
        "energy": 19.709477,
        "activity_lines": [
          254.86146,
          256.075005,
          260.233756,
          262.010842
        ]
      },
      {
        "date": "2025-12-12",
        "close": 240.222534,
        "volume": 391101,
        "typical_volume": 518347.3,
        "trend": 261.699955,
        "fair_value": 235.191313,
        "relative_strength": -10.835428,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.002246,
        "energy": 50.924991,
        "activity_lines": [
          249.781164,
          252.991828,
          258.034043,
          260.646878
        ]
      },
      {
        "date": "2025-12-19",
        "close": 256.792999,
        "volume": 605439,
        "typical_volume": 517128.3,
        "trend": 262.436849,
        "fair_value": 236.192318,
        "relative_strength": -3.87808,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.251612,
        "energy": 38.12676,
        "activity_lines": [
          251.279443,
          253.386917,
          257.584695,
          260.3303
        ]
      },
      {
        "date": "2025-12-26",
        "close": 258.231781,
        "volume": 317999,
        "typical_volume": 514916.85,
        "trend": 262.891565,
        "fair_value": 237.154801,
        "relative_strength": -3.159099,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.120366,
        "energy": 29.061609,
        "activity_lines": [
          253.316854,
          254.191538,
          257.307339,
          260.059005
        ]
      },
      {
        "date": "2026-01-02",
        "close": 258.331024,
        "volume": 153305,
        "typical_volume": 507534.7,
        "trend": 262.813769,
        "fair_value": 238.0713,
        "relative_strength": -3.703766,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.044921,
        "energy": 18.148824,
        "activity_lines": [
          255.162437,
          254.708411,
          257.083377,
          259.764777
        ]
      },
      {
        "date": "2026-01-09",
        "close": 244.141907,
        "volume": 204396,
        "typical_volume": 504627.75,
        "trend": 262.001427,
        "fair_value": 238.906111,
        "relative_strength": -6.299253,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.390666,
        "energy": 24.239298,
        "activity_lines": [
          252.169167,
          252.619284,
          255.543744,
          258.56014
        ]
      },
      {
        "date": "2026-01-16",
        "close": 237.394638,
        "volume": 325262,
        "typical_volume": 504560.15,
        "trend": 261.14289,
        "fair_value": 239.71396,
        "relative_strength": -8.5454,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.074493,
        "energy": 39.688379,
        "activity_lines": [
          247.452697,
          249.690358,
          253.451997,
          256.972606
        ]
      },
      {
        "date": "2026-01-23",
        "close": 250.5,
        "volume": 1059141,
        "typical_volume": 543163.75,
        "trend": 260.597724,
        "fair_value": 240.631655,
        "relative_strength": -0.83211,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.424747,
        "energy": 38.45029,
        "activity_lines": [
          247.293207,
          249.483391,
          252.740206,
          256.285968
        ]
      },
      {
        "date": "2026-01-30",
        "close": 241.600006,
        "volume": 314363,
        "typical_volume": 523583.15,
        "trend": 259.653536,
        "fair_value": 241.583013,
        "relative_strength": -5.140617,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.223097,
        "energy": 52.737922,
        "activity_lines": [
          244.586585,
          247.788899,
          251.28471,
          255.060308
        ]
      },
      {
        "date": "2026-02-06",
        "close": 237.449997,
        "volume": 199596,
        "typical_volume": 521304.75,
        "trend": 258.809843,
        "fair_value": 242.526865,
        "relative_strength": -8.061149,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.318443,
        "energy": 55.786582,
        "activity_lines": [
          241.605413,
          245.580918,
          249.624211,
          253.627822
        ]
      },
      {
        "date": "2026-02-13",
        "close": 235.160004,
        "volume": 459229,
        "typical_volume": 524908.2,
        "trend": 257.54051,
        "fair_value": 243.466148,
        "relative_strength": -8.238753,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.131218,
        "energy": 49.236188,
        "activity_lines": [
          239.252978,
          243.306462,
          247.924903,
          252.102026
        ]
      },
      {
        "date": "2026-02-20",
        "close": 227.050003,
        "volume": 258942,
        "typical_volume": 525952.2,
        "trend": 255.895848,
        "fair_value": 244.38181,
        "relative_strength": -11.640823,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.432115,
        "energy": 63.367917,
        "activity_lines": [
          234.796002,
          239.864192,
          245.588594,
          250.134896
        ]
      },
      {
        "date": "2026-02-27",
        "close": 224.630005,
        "volume": 177441,
        "typical_volume": 521746.7,
        "trend": 254.578993,
        "fair_value": 245.266512,
        "relative_strength": -11.216795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.993187,
        "energy": 66.508551,
        "activity_lines": [
          230.222003,
          236.221422,
          243.20644,
          248.117745
        ]
      },
      {
        "date": "2026-03-06",
        "close": 212.399994,
        "volume": 167657,
        "typical_volume": 410588.5,
        "trend": 252.743671,
        "fair_value": 246.064953,
        "relative_strength": -13.341652,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.965126,
        "energy": 76.086361,
        "activity_lines": [
          223.296,
          230.939796,
          239.851425,
          245.396519
        ]
      },
      {
        "date": "2026-03-13",
        "close": 203.059998,
        "volume": 265522,
        "typical_volume": 393341.65,
        "trend": 250.651589,
        "fair_value": 246.813914,
        "relative_strength": -12.364037,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.0893,
        "energy": 85.588891,
        "activity_lines": [
          215.203333,
          224.793295,
          235.745044,
          242.191121
        ]
      },
      {
        "date": "2026-03-20",
        "close": 207.610001,
        "volume": 317018,
        "typical_volume": 332791.3,
        "trend": 248.800476,
        "fair_value": 247.583616,
        "relative_strength": -10.093756,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.043501,
        "energy": 83.60693,
        "activity_lines": [
          210.919999,
          220.478994,
          232.328342,
          239.414245
        ]
      },
      {
        "date": "2026-03-27",
        "close": 194.729996,
        "volume": 541943,
        "typical_volume": 345210.6,
        "trend": 246.455533,
        "fair_value": 248.283954,
        "relative_strength": -14.407473,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.976362,
        "energy": 88.633815,
        "activity_lines": [
          204.179998,
          214.48709,
          227.960284,
          235.925827
        ]
      },
      {
        "date": "2026-04-03",
        "close": 199.179993,
        "volume": 262644,
        "typical_volume": 343287.5,
        "trend": 244.017476,
        "fair_value": 248.963107,
        "relative_strength": -11.900813,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.716418,
        "energy": 81.468579,
        "activity_lines": [
          201.077996,
          210.079998,
          224.30803,
          232.875792
        ]
      },
      {
        "date": "2026-04-10",
        "close": 210.550003,
        "volume": 548550,
        "typical_volume": 351594.95,
        "trend": 241.650826,
        "fair_value": 249.720481,
        "relative_strength": -11.817818,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.617256,
        "energy": 56.119404,
        "activity_lines": [
          203.462665,
          208.673272,
          222.017235,
          230.7166
        ]
      },
      {
        "date": "2026-04-17",
        "close": 214.669998,
        "volume": 948489,
        "typical_volume": 385000.85,
        "trend": 239.636494,
        "fair_value": 250.470845,
        "relative_strength": -11.004054,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.136652,
        "energy": 49.141695,
        "activity_lines": [
          207.343998,
          208.58018,
          220.329811,
          228.975901
        ]
      },
      {
        "date": "2026-04-24",
        "close": 215.520004,
        "volume": 391474,
        "typical_volume": 395475.55,
        "trend": 238.034164,
        "fair_value": 251.193517,
        "relative_strength": -8.78553,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.553612,
        "energy": 35.692278,
        "activity_lines": [
          210.734667,
          209.055818,
          218.923454,
          227.419999
        ]
      },
      {
        "date": "2026-05-01",
        "close": 216.619995,
        "volume": 318776,
        "typical_volume": 391859.3,
        "trend": 236.394082,
        "fair_value": 251.913411,
        "relative_strength": -8.577469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.843138,
        "energy": 24.13528,
        "activity_lines": [
          213.964666,
          210.088544,
          217.795716,
          226.038439
        ]
      },
      {
        "date": "2026-05-08",
        "close": 231.470001,
        "volume": 370135,
        "typical_volume": 380094.1,
        "trend": 235.278767,
        "fair_value": 252.726813,
        "relative_strength": -3.118404,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.842964,
        "energy": 20.968486,
        "activity_lines": [
          220.685333,
          214.010908,
          218.194657,
          225.720757
        ]
      },
      {
        "date": "2026-05-15",
        "close": 208.729996,
        "volume": 3210226,
        "typical_volume": 524705.45,
        "trend": 234.189326,
        "fair_value": 253.390232,
        "relative_strength": -10.603643,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.429871,
        "energy": 21.605459,
        "activity_lines": [
          217.673332,
          213.674362,
          216.548469,
          224.007933
        ]
      },
      {
        "date": "2026-05-22",
        "close": 206.130005,
        "volume": 253097,
        "typical_volume": 529695.05,
        "trend": 232.497252,
        "fair_value": 253.996824,
        "relative_strength": -11.870167,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.016292,
        "energy": 21.459299,
        "activity_lines": [
          213.916,
          212.931818,
          214.890386,
          222.197654
        ]
      },
      {
        "date": "2026-05-29",
        "close": 205.419998,
        "volume": 181513,
        "typical_volume": 528550.9,
        "trend": 230.497066,
        "fair_value": 254.552484,
        "relative_strength": -11.333549,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.951778,
        "energy": 30.216989,
        "activity_lines": [
          210.491333,
          212.004363,
          213.41326,
          220.450734
        ]
      },
      {
        "date": "2026-06-05",
        "close": 201.800003,
        "volume": 115159,
        "typical_volume": 518045.75,
        "trend": 228.688772,
        "fair_value": 255.088966,
        "relative_strength": -11.913122,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.198709,
        "energy": 42.207155,
        "activity_lines": [
          206.533334,
          210.458546,
          211.775762,
          218.599311
        ]
      },
      {
        "date": "2026-06-12",
        "close": 202.639999,
        "volume": 20408,
        "typical_volume": 466109.1,
        "trend": 226.853903,
        "fair_value": 255.605806,
        "relative_strength": -12.111926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.409724,
        "energy": 54.099274,
        "activity_lines": [
          203.843334,
          208.936909,
          210.387762,
          216.918745
        ]
      },
      {
        "date": "2026-06-19",
        "close": 199.425217,
        "volume": 54517,
        "typical_volume": 453116.8,
        "trend": 225.006139,
        "fair_value": 256.077876,
        "relative_strength": -14.545651,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.654535,
        "energy": 60.506395,
        "activity_lines": [
          202.003739,
          206.767858,
          208.921497,
          215.149152
        ]
      },
      {
        "date": "2026-06-26",
        "close": 194.893494,
        "volume": 0,
        "typical_volume": 443137.0,
        "trend": 222.946128,
        "fair_value": 256.515431,
        "relative_strength": -16.254137,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.317127,
        "energy": 66.886674,
        "activity_lines": [
          199.273889,
          203.977125,
          207.224471,
          213.206401
        ]
      },
      {
        "date": "2026-07-03",
        "close": 189.560898,
        "volume": 155294,
        "typical_volume": 427940.25,
        "trend": 220.863816,
        "fair_value": 256.842575,
        "relative_strength": -18.816138,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.268115,
        "energy": 71.760807,
        "activity_lines": [
          195.515608,
          200.576403,
          205.222229,
          211.052515
        ]
      },
      {
        "date": "2026-07-10",
        "close": 198.790375,
        "volume": 14981423,
        "typical_volume": 1164064.3,
        "trend": 219.482744,
        "fair_value": 257.05485,
        "relative_strength": -14.255295,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.583697,
        "energy": 53.580614,
        "activity_lines": [
          195.891092,
          199.325751,
          204.316124,
          209.628422
        ]
      },
      {
        "date": "2026-07-17",
        "close": 208.508209,
        "volume": 5437319,
        "typical_volume": 1427058.2,
        "trend": 217.873251,
        "fair_value": 257.064776,
        "relative_strength": -10.105855,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.02423,
        "energy": 34.902682,
        "activity_lines": [
          199.706496,
          200.166153,
          204.470097,
          208.920388
        ]
      },
      {
        "date": "2026-07-24",
        "close": 208.75,
        "volume": 1668208,
        "typical_volume": 1502085.75,
        "trend": 216.223859,
        "fair_value": 257.135509,
        "relative_strength": -7.417111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.713983,
        "energy": 20.12487,
        "activity_lines": [
          203.211283,
          201.468004,
          204.723867,
          208.331791
        ]
      },
      {
        "date": "2026-07-31",
        "close": 208.949997,
        "volume": 516265,
        "typical_volume": 1514622.9,
        "trend": 214.577824,
        "fair_value": 257.133037,
        "relative_strength": -9.268609,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.095578,
        "energy": 17.461923,
        "activity_lines": [
          206.161084,
          202.805854,
          205.014066,
          207.862509
        ]
      },
      {
        "date": "2026-08-07",
        "close": 210.410004,
        "volume": 590040,
        "typical_volume": 1528274.0,
        "trend": 213.453428,
        "fair_value": 257.072261,
        "relative_strength": -8.882219,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.1169,
        "energy": 18.644377,
        "activity_lines": [
          208.660453,
          204.357888,
          205.415266,
          207.593618
        ]
      }
    ],
    "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."
    }
  }
}