{
  "ticker": {
    "uuid": "931f63e7-af64-4dfb-bce1-fd24d2600f0d",
    "symbol": "YESBANK",
    "name": "Yes Bank 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": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 68.889,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 32.089,
    "architecture_energy": 27.763,
    "architecture_maturity": 56.212,
    "architecture_confidence": 84.978,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 44.15,
        "rotation_up": 19.79,
        "upward_expansion": 54.9,
        "deceleration": 93.48,
        "rotation_down": 33.27,
        "downward_expansion": 20.9
      },
      "activity_lines": [
        22.969334,
        23.47891,
        23.033096,
        22.286624
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.0
    },
    "latest_close": 22.690001,
    "trend_reference": 21.640334,
    "distance_from_trend": 0.048505,
    "trend_direction": "Improving",
    "fair_value": 21.270513,
    "distance_from_fair_value": 0.066735,
    "fair_value_direction": "Weakening",
    "relative_strength": 5.425529,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.065759,
    "excess_performance": 0.109468,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.048505,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.021027,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.066735,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.040942,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.054255,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.084051,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.065759,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.304882,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 210179727,
      "relative_activity": 0.550621,
      "balance": 0.304882,
      "dry_up": 0.816669,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.048581,
      "annualized_volatility": 0.321294,
      "from_high_reference": -0.113672,
      "from_low_reference": 0.319186
    },
    "levels": {
      "trend_reference": 21.640334,
      "fair_value_reference": 21.270513,
      "structural_low": 17.200001,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 14,
        "median_return": 0.027885,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.012501,
        "regime_survival": 0.571429,
        "best_return": 0.16914,
        "worst_return": -0.110827,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.00042,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.033948,
        "regime_survival": 0.142857,
        "best_return": 0.275316,
        "worst_return": -0.143779,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.094213,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.077647,
        "regime_survival": 0.2,
        "best_return": 0.554896,
        "worst_return": -0.028481,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.082278,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.066994,
        "regime_survival": 0.0,
        "best_return": 0.216459,
        "worst_return": -0.319748,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-10-20",
        "end": "2023-11-10",
        "tenure": "New",
        "return": 0.057803,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-11-17",
        "end": "2024-03-08",
        "tenure": "Established",
        "return": 0.146635,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-03-15",
        "end": "2024-06-21",
        "tenure": "Established",
        "return": 0.001681,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-28",
        "end": "2024-09-20",
        "tenure": "Established",
        "return": -0.029126,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-27",
        "end": "2025-05-16",
        "tenure": "Extended",
        "return": -0.052331,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-23",
        "end": "2025-06-27",
        "tenure": "Developing",
        "return": -0.045863,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-04",
        "end": "2025-09-12",
        "tenure": "Developing",
        "return": 0.040399,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-19",
        "end": "2025-12-12",
        "tenure": "Established",
        "return": 0.035427,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-19",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": -0.03871,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-02-20",
        "end": "2026-03-13",
        "tenure": "New",
        "return": -0.106464,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-20",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.072659,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-08",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": 0.107672,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-26",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.077201,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.003513,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 16.9,
        "volume": 347345087,
        "typical_volume": 481859525.0,
        "trend": 16.326667,
        "fair_value": 14.961859,
        "relative_strength": -5.974277,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 38.885539,
        "energy": 21.616041,
        "activity_lines": [
          17.033333,
          17.065455,
          16.72381,
          16.477742
        ]
      },
      {
        "date": "2023-08-25",
        "close": 16.85,
        "volume": 382238010,
        "typical_volume": 490625919.2,
        "trend": 16.305,
        "fair_value": 14.973718,
        "relative_strength": -5.915669,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.127969,
        "energy": 18.028364,
        "activity_lines": [
          16.923333,
          17.051818,
          16.766429,
          16.511505
        ]
      },
      {
        "date": "2023-09-01",
        "close": 17.35,
        "volume": 701135293,
        "typical_volume": 513920546.55,
        "trend": 16.335,
        "fair_value": 14.99359,
        "relative_strength": -3.907251,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.302495,
        "energy": 23.572831,
        "activity_lines": [
          17.06,
          17.119091,
          16.849762,
          16.578925
        ]
      },
      {
        "date": "2023-09-08",
        "close": 18.35,
        "volume": 1697499327,
        "typical_volume": 556014993.15,
        "trend": 16.378333,
        "fair_value": 15.017949,
        "relative_strength": -0.226565,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 72.094663,
        "energy": 45.542781,
        "activity_lines": [
          17.503333,
          17.343636,
          17.01881,
          16.708925
        ]
      },
      {
        "date": "2023-09-15",
        "close": 18.299999,
        "volume": 1178770226,
        "typical_volume": 589323268.45,
        "trend": 16.451667,
        "fair_value": 15.045513,
        "relative_strength": -2.233871,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.650962,
        "energy": 61.583299,
        "activity_lines": [
          17.836666,
          17.520909,
          17.172857,
          16.832903
        ]
      },
      {
        "date": "2023-09-22",
        "close": 17.65,
        "volume": 994659974,
        "typical_volume": 622336142.8,
        "trend": 16.501667,
        "fair_value": 15.073077,
        "relative_strength": -3.147313,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.977825,
        "energy": 56.811032,
        "activity_lines": [
          17.87,
          17.564545,
          17.252619,
          16.910215
        ]
      },
      {
        "date": "2023-09-29",
        "close": 17.25,
        "volume": 652447644,
        "typical_volume": 638843186.85,
        "trend": 16.515,
        "fair_value": 15.098397,
        "relative_strength": -5.095855,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.083739,
        "energy": 43.585665,
        "activity_lines": [
          17.72,
          17.53,
          17.28619,
          16.958495
        ]
      },
      {
        "date": "2023-10-06",
        "close": 17.299999,
        "volume": 458326010,
        "typical_volume": 644719909.2,
        "trend": 16.541667,
        "fair_value": 15.125,
        "relative_strength": -4.744782,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.007468,
        "energy": 29.496409,
        "activity_lines": [
          17.56,
          17.519091,
          17.318333,
          17.00914
        ]
      },
      {
        "date": "2023-10-13",
        "close": 17.1,
        "volume": 354561418,
        "typical_volume": 650563433.65,
        "trend": 16.61,
        "fair_value": 15.153526,
        "relative_strength": -6.206416,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.11685,
        "energy": 17.333021,
        "activity_lines": [
          17.336666,
          17.465454,
          17.323571,
          17.045161
        ]
      },
      {
        "date": "2023-10-20",
        "close": 17.299999,
        "volume": 532005337,
        "typical_volume": 645740693.5,
        "trend": 16.685,
        "fair_value": 15.179167,
        "relative_strength": -4.041706,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 29.260561,
        "energy": 17.562002,
        "activity_lines": [
          17.263333,
          17.445454,
          17.340714,
          17.089677
        ]
      },
      {
        "date": "2023-10-27",
        "close": 15.95,
        "volume": 623473482,
        "typical_volume": 649232091.65,
        "trend": 16.715,
        "fair_value": 15.201923,
        "relative_strength": -9.14831,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -10.422227,
        "energy": 17.724418,
        "activity_lines": [
          16.806666,
          17.175454,
          17.225,
          17.042258
        ]
      },
      {
        "date": "2023-11-03",
        "close": 16.450001,
        "volume": 491895718,
        "typical_volume": 656330989.85,
        "trend": 16.75,
        "fair_value": 15.228526,
        "relative_strength": -7.091739,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.165775,
        "energy": 23.35302,
        "activity_lines": [
          16.63,
          17.013636,
          17.16,
          17.025161
        ]
      },
      {
        "date": "2023-11-10",
        "close": 18.299999,
        "volume": 1427613340,
        "typical_volume": 711285434.2,
        "trend": 16.848333,
        "fair_value": 15.252564,
        "relative_strength": 2.269855,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.285891,
        "energy": 16.534096,
        "activity_lines": [
          17.123333,
          17.195454,
          17.270476,
          17.125161
        ]
      },
      {
        "date": "2023-11-17",
        "close": 20.799999,
        "volume": 2039717292,
        "typical_volume": 801392375.9,
        "trend": 17.001667,
        "fair_value": 15.292628,
        "relative_strength": 14.117169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.036568,
        "energy": 60.139697,
        "activity_lines": [
          18.383333,
          17.814545,
          17.608095,
          17.380107
        ]
      },
      {
        "date": "2023-11-24",
        "close": 19.799999,
        "volume": 1123528208,
        "typical_volume": 799624912.7,
        "trend": 17.138333,
        "fair_value": 15.325321,
        "relative_strength": 8.095019,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.009537,
        "energy": 70.738489,
        "activity_lines": [
          19.063333,
          18.207272,
          17.828809,
          17.560645
        ]
      },
      {
        "date": "2023-12-01",
        "close": 19.299999,
        "volume": 867586358,
        "typical_volume": 813077614.4,
        "trend": 17.25,
        "fair_value": 15.350641,
        "relative_strength": 2.859242,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.479165,
        "energy": 70.773411,
        "activity_lines": [
          19.409999,
          18.481818,
          17.990714,
          17.700107
        ]
      },
      {
        "date": "2023-12-08",
        "close": 19.9,
        "volume": 910728850,
        "typical_volume": 813447456.45,
        "trend": 17.381666,
        "fair_value": 15.353526,
        "relative_strength": 2.756698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.299807,
        "energy": 76.971944,
        "activity_lines": [
          19.733333,
          18.835454,
          18.200476,
          17.871075
        ]
      },
      {
        "date": "2023-12-15",
        "close": 21.950001,
        "volume": 2069463057,
        "typical_volume": 883640160.8,
        "trend": 17.591666,
        "fair_value": 15.373077,
        "relative_strength": 11.086275,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.970536,
        "energy": 85.014963,
        "activity_lines": [
          20.51,
          19.513636,
          18.596666,
          18.165806
        ]
      },
      {
        "date": "2023-12-22",
        "close": 21.049999,
        "volume": 1848751317,
        "typical_volume": 956407020.5,
        "trend": 17.773333,
        "fair_value": 15.395513,
        "relative_strength": 7.053199,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.558016,
        "energy": 72.526593,
        "activity_lines": [
          20.743333,
          19.943636,
          18.883333,
          18.388924
        ]
      },
      {
        "date": "2023-12-29",
        "close": 21.450001,
        "volume": 625783212,
        "typical_volume": 966376458.0,
        "trend": 17.941667,
        "fair_value": 15.417628,
        "relative_strength": 7.508278,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.69888,
        "energy": 72.038955,
        "activity_lines": [
          21.093334,
          20.374545,
          19.188571,
          18.626129
        ]
      },
      {
        "date": "2024-01-05",
        "close": 24.0,
        "volume": 2406776989,
        "typical_volume": 1069348053.1,
        "trend": 18.188333,
        "fair_value": 15.455769,
        "relative_strength": 20.5951,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.022457,
        "energy": 83.021408,
        "activity_lines": [
          22.183334,
          21.193636,
          19.715714,
          19.016989
        ]
      },
      {
        "date": "2024-01-12",
        "close": 24.9,
        "volume": 2402054264,
        "typical_volume": 1170338865.8,
        "trend": 18.475,
        "fair_value": 15.502564,
        "relative_strength": 24.028028,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.168794,
        "energy": 82.765714,
        "activity_lines": [
          23.26,
          22.03,
          20.294762,
          19.45
        ]
      },
      {
        "date": "2024-01-19",
        "close": 25.15,
        "volume": 1696466112,
        "typical_volume": 1220105406.75,
        "trend": 18.78,
        "fair_value": 15.554808,
        "relative_strength": 26.670438,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.57786,
        "energy": 86.306266,
        "activity_lines": [
          24.086667,
          22.758182,
          20.859286,
          19.880645
        ]
      },
      {
        "date": "2024-01-26",
        "close": 24.85,
        "volume": 747166553,
        "typical_volume": 1172588768.05,
        "trend": 19.066667,
        "fair_value": 15.613141,
        "relative_strength": 26.292014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.550511,
        "energy": 83.893746,
        "activity_lines": [
          24.6,
          23.307273,
          21.358095,
          20.272258
        ]
      },
      {
        "date": "2024-02-02",
        "close": 23.700001,
        "volume": 1043633014,
        "typical_volume": 1165831907.45,
        "trend": 19.275,
        "fair_value": 15.656731,
        "relative_strength": 17.285888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.929583,
        "energy": 62.333712,
        "activity_lines": [
          24.476667,
          23.573637,
          21.716429,
          20.571183
        ]
      },
      {
        "date": "2024-02-09",
        "close": 31.4,
        "volume": 3036770544,
        "typical_volume": 1267937435.95,
        "trend": 19.743333,
        "fair_value": 15.752885,
        "relative_strength": 54.337834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.84054,
        "energy": 71.67641,
        "activity_lines": [
          26.77,
          25.169091,
          22.782381,
          21.353441
        ]
      },
      {
        "date": "2024-02-16",
        "close": 28.4,
        "volume": 1588486328,
        "typical_volume": 1314739370.15,
        "trend": 20.088333,
        "fair_value": 15.832692,
        "relative_strength": 36.854314,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.937683,
        "energy": 63.892955,
        "activity_lines": [
          27.57,
          25.999091,
          23.497143,
          21.911935
        ]
      },
      {
        "date": "2024-02-23",
        "close": 26.200001,
        "volume": 2184163842,
        "typical_volume": 1401031261.75,
        "trend": 20.396667,
        "fair_value": 15.89968,
        "relative_strength": 24.626613,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.69332,
        "energy": 57.048596,
        "activity_lines": [
          27.403334,
          26.274546,
          23.949286,
          22.306237
        ]
      },
      {
        "date": "2024-03-01",
        "close": 24.950001,
        "volume": 1532936699,
        "typical_volume": 1459950025.8,
        "trend": 20.663333,
        "fair_value": 15.954808,
        "relative_strength": 17.630496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.84875,
        "energy": 51.541545,
        "activity_lines": [
          26.750001,
          26.245455,
          24.24,
          22.6
        ]
      },
      {
        "date": "2024-03-08",
        "close": 23.85,
        "volume": 839728203,
        "typical_volume": 1475336169.1,
        "trend": 20.89,
        "fair_value": 16.005769,
        "relative_strength": 11.416147,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.957172,
        "energy": 30.363798,
        "activity_lines": [
          25.723334,
          25.945455,
          24.388572,
          22.805591
        ]
      },
      {
        "date": "2024-03-15",
        "close": 23.799999,
        "volume": 2155810991,
        "typical_volume": 1551953044.55,
        "trend": 21.12,
        "fair_value": 16.0625,
        "relative_strength": 13.097967,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.287038,
        "energy": 22.160845,
        "activity_lines": [
          24.67,
          25.592727,
          24.501191,
          22.993333
        ]
      },
      {
        "date": "2024-03-22",
        "close": 23.9,
        "volume": 1105701997,
        "typical_volume": 1582643358.5,
        "trend": 21.355,
        "fair_value": 16.125641,
        "relative_strength": 12.756921,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.817659,
        "energy": 22.768925,
        "activity_lines": [
          24.156667,
          25.261818,
          24.585952,
          23.172688
        ]
      },
      {
        "date": "2024-03-29",
        "close": 23.200001,
        "volume": 585295819,
        "typical_volume": 1540527482.45,
        "trend": 21.55,
        "fair_value": 16.173718,
        "relative_strength": 7.953552,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.043635,
        "energy": 20.332783,
        "activity_lines": [
          23.71,
          24.821818,
          24.568572,
          23.291721
        ]
      },
      {
        "date": "2024-04-05",
        "close": 25.200001,
        "volume": 1252101296,
        "typical_volume": 1501146682.65,
        "trend": 21.778333,
        "fair_value": 16.236218,
        "relative_strength": 15.722202,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.185178,
        "energy": 18.200075,
        "activity_lines": [
          24.13,
          24.780909,
          24.718334,
          23.527204
        ]
      },
      {
        "date": "2024-04-12",
        "close": 24.25,
        "volume": 555532200,
        "typical_volume": 1472746882.25,
        "trend": 21.976667,
        "fair_value": 16.298077,
        "relative_strength": 10.855734,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.35424,
        "energy": 10.884511,
        "activity_lines": [
          24.216667,
          24.560909,
          24.756667,
          23.686667
        ]
      },
      {
        "date": "2024-04-19",
        "close": 23.950001,
        "volume": 745040210,
        "typical_volume": 1466619574.85,
        "trend": 22.186667,
        "fair_value": 16.361859,
        "relative_strength": 10.968943,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.469073,
        "energy": 9.332492,
        "activity_lines": [
          24.176667,
          24.276364,
          24.745238,
          23.813979
        ]
      },
      {
        "date": "2024-04-26",
        "close": 26.15,
        "volume": 1310921469,
        "typical_volume": 1486629205.8,
        "trend": 22.483333,
        "fair_value": 16.436218,
        "relative_strength": 18.989191,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.552091,
        "energy": 22.034431,
        "activity_lines": [
          24.86,
          24.527273,
          24.921191,
          24.069678
        ]
      },
      {
        "date": "2024-05-03",
        "close": 24.950001,
        "volume": 2014359064,
        "typical_volume": 1483874006.15,
        "trend": 22.738333,
        "fair_value": 16.510577,
        "relative_strength": 12.743652,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.357962,
        "energy": 16.955136,
        "activity_lines": [
          24.993334,
          24.60091,
          24.953096,
          24.228817
        ]
      },
      {
        "date": "2024-05-10",
        "close": 22.5,
        "volume": 1412581898,
        "typical_volume": 1462065535.2,
        "trend": 22.918333,
        "fair_value": 16.570192,
        "relative_strength": 3.310559,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.541538,
        "energy": 3.561296,
        "activity_lines": [
          24.193334,
          24.251819,
          24.737381,
          24.213441
        ]
      },
      {
        "date": "2024-05-17",
        "close": 23.0,
        "volume": 900777556,
        "typical_volume": 1475815252.4,
        "trend": 23.108333,
        "fair_value": 16.632051,
        "relative_strength": 3.344692,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 4.577216,
        "energy": 7.822991,
        "activity_lines": [
          23.74,
          24.038182,
          24.562381,
          24.21871
        ]
      },
      {
        "date": "2024-05-24",
        "close": 23.0,
        "volume": 545533453,
        "typical_volume": 1382753075.6,
        "trend": 23.343333,
        "fair_value": 16.69391,
        "relative_strength": 0.823972,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 1.249012,
        "energy": 21.425724,
        "activity_lines": [
          23.37,
          23.84,
          24.38,
          24.211721
        ]
      },
      {
        "date": "2024-05-31",
        "close": 23.0,
        "volume": 853465360,
        "typical_volume": 1305323630.4,
        "trend": 23.561667,
        "fair_value": 16.753205,
        "relative_strength": 2.462465,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -17.776296,
        "energy": 36.150437,
        "activity_lines": [
          23.063333,
          23.656364,
          24.202381,
          24.18957
        ]
      },
      {
        "date": "2024-06-07",
        "close": 23.15,
        "volume": 1157003942,
        "typical_volume": 1278350521.9,
        "trend": 23.723333,
        "fair_value": 16.809295,
        "relative_strength": -0.423937,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.365365,
        "energy": 35.300484,
        "activity_lines": [
          23.016667,
          23.516364,
          24.048095,
          24.163011
        ]
      },
      {
        "date": "2024-06-14",
        "close": 23.809999,
        "volume": 851541018,
        "typical_volume": 1283569245.15,
        "trend": 23.823667,
        "fair_value": 16.873782,
        "relative_strength": 1.358538,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -23.231308,
        "energy": 22.361127,
        "activity_lines": [
          23.31,
          23.497273,
          23.966191,
          24.168602
        ]
      },
      {
        "date": "2024-06-21",
        "close": 23.84,
        "volume": 532160658,
        "typical_volume": 1257995627.35,
        "trend": 23.958333,
        "fair_value": 16.939103,
        "relative_strength": 1.027816,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -10.061316,
        "energy": 9.403117,
        "activity_lines": [
          23.526,
          23.508909,
          23.892095,
          24.169656
        ]
      },
      {
        "date": "2024-06-28",
        "close": 23.690001,
        "volume": 604179369,
        "typical_volume": 1136366068.6,
        "trend": 24.104667,
        "fair_value": 17.004103,
        "relative_strength": -2.000554,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.519076,
        "energy": 5.394076,
        "activity_lines": [
          23.636,
          23.500727,
          23.803048,
          24.152344
        ]
      },
      {
        "date": "2024-07-05",
        "close": 26.639999,
        "volume": 1511973132,
        "typical_volume": 1132540408.8,
        "trend": 24.329334,
        "fair_value": 17.089936,
        "relative_strength": 8.384945,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 25.871439,
        "energy": 20.595563,
        "activity_lines": [
          24.683333,
          24.033636,
          24.031667,
          24.315914
        ]
      },
      {
        "date": "2024-07-12",
        "close": 25.6,
        "volume": 2153691920,
        "typical_volume": 1131016812.7,
        "trend": 24.451,
        "fair_value": 17.168141,
        "relative_strength": 3.085822,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 17.041852,
        "energy": 21.484381,
        "activity_lines": [
          25.141333,
          24.368545,
          24.169619,
          24.397893
        ]
      },
      {
        "date": "2024-07-19",
        "close": 24.77,
        "volume": 913604801,
        "typical_volume": 1100050217.8,
        "trend": 24.575,
        "fair_value": 17.243269,
        "relative_strength": -0.553683,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 12.046894,
        "energy": 22.1083,
        "activity_lines": [
          25.159333,
          24.540727,
          24.231381,
          24.418473
        ]
      },
      {
        "date": "2024-07-26",
        "close": 24.969999,
        "volume": 878292252,
        "typical_volume": 1101978420.25,
        "trend": 24.692333,
        "fair_value": 17.321603,
        "relative_strength": -1.244518,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 12.947785,
        "energy": 22.671201,
        "activity_lines": [
          25.18,
          24.708,
          24.313048,
          24.443957
        ]
      },
      {
        "date": "2024-08-02",
        "close": 25.450001,
        "volume": 1574024328,
        "typical_volume": 1072889087.1,
        "trend": 24.740667,
        "fair_value": 17.404615,
        "relative_strength": 0.824022,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 15.279104,
        "energy": 21.007252,
        "activity_lines": [
          25.285333,
          24.926727,
          24.435095,
          24.492839
        ]
      },
      {
        "date": "2024-08-09",
        "close": 23.940001,
        "volume": 948897467,
        "typical_volume": 1065048860.6,
        "trend": 24.708667,
        "fair_value": 17.481795,
        "relative_strength": -3.98466,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.99562,
        "energy": 6.195732,
        "activity_lines": [
          24.77,
          24.826364,
          24.405476,
          24.441183
        ]
      },
      {
        "date": "2024-08-16",
        "close": 24.27,
        "volume": 586574800,
        "typical_volume": 1065112809.65,
        "trend": 24.679334,
        "fair_value": 17.565897,
        "relative_strength": -3.55611,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.833308,
        "energy": 5.603318,
        "activity_lines": [
          24.544667,
          24.768909,
          24.407095,
          24.412882
        ]
      },
      {
        "date": "2024-08-23",
        "close": 24.389999,
        "volume": 498804833,
        "typical_volume": 1027447986.5,
        "trend": 24.664,
        "fair_value": 17.65141,
        "relative_strength": -4.373898,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -2.342921,
        "energy": 4.940709,
        "activity_lines": [
          24.448,
          24.712909,
          24.415048,
          24.394215
        ]
      },
      {
        "date": "2024-08-30",
        "close": 23.610001,
        "volume": 421883396,
        "typical_volume": 1020765546.3,
        "trend": 24.661,
        "fair_value": 17.731603,
        "relative_strength": -9.019048,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -32.000896,
        "energy": 20.076848,
        "activity_lines": [
          24.116667,
          24.504546,
          24.352571,
          24.326215
        ]
      },
      {
        "date": "2024-09-06",
        "close": 23.139999,
        "volume": 427939155,
        "typical_volume": 1004910493.55,
        "trend": 24.385667,
        "fair_value": 17.809744,
        "relative_strength": -9.462223,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.330765,
        "energy": 31.715716,
        "activity_lines": [
          23.719333,
          24.214909,
          24.248381,
          24.228086
        ]
      },
      {
        "date": "2024-09-13",
        "close": 23.299999,
        "volume": 636180013,
        "typical_volume": 971173420.75,
        "trend": 24.215667,
        "fair_value": 17.874167,
        "relative_strength": -10.670554,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -46.891802,
        "energy": 36.304422,
        "activity_lines": [
          23.529333,
          23.964363,
          24.163286,
          24.158043
        ]
      },
      {
        "date": "2024-09-20",
        "close": 23.0,
        "volume": 470073033,
        "typical_volume": 893959119.2,
        "trend": 24.109,
        "fair_value": 17.939231,
        "relative_strength": -13.297464,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -58.89078,
        "energy": 47.026649,
        "activity_lines": [
          23.282,
          23.72,
          24.06319,
          24.079613
        ]
      },
      {
        "date": "2024-09-27",
        "close": 22.74,
        "volume": 304299480,
        "typical_volume": 838544998.3,
        "trend": 24.035333,
        "fair_value": 18.002628,
        "relative_strength": -15.532682,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.653193,
        "energy": 50.826067,
        "activity_lines": [
          23.032666,
          23.475636,
          23.947619,
          23.99129
        ]
      },
      {
        "date": "2024-10-04",
        "close": 21.950001,
        "volume": 347338972,
        "typical_volume": 810873069.1,
        "trend": 23.972,
        "fair_value": 18.058718,
        "relative_strength": -14.667615,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.810023,
        "energy": 60.4431,
        "activity_lines": [
          22.63,
          23.124545,
          23.755667,
          23.856753
        ]
      },
      {
        "date": "2024-10-11",
        "close": 21.4,
        "volume": 446878765,
        "typical_volume": 805940334.7,
        "trend": 23.892,
        "fair_value": 18.111282,
        "relative_strength": -16.624664,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.735871,
        "energy": 70.064611,
        "activity_lines": [
          22.154667,
          22.728364,
          23.516333,
          23.690817
        ]
      },
      {
        "date": "2024-10-18",
        "close": 21.09,
        "volume": 250419774,
        "typical_volume": 775788055.4,
        "trend": 23.798333,
        "fair_value": 18.158333,
        "relative_strength": -17.411442,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.533102,
        "energy": 76.345108,
        "activity_lines": [
          21.692,
          22.349455,
          23.255095,
          23.510043
        ]
      },
      {
        "date": "2024-10-25",
        "close": 19.379999,
        "volume": 395300821,
        "typical_volume": 737702899.35,
        "trend": 23.671,
        "fair_value": 18.200513,
        "relative_strength": -21.942307,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.963348,
        "energy": 87.631393,
        "activity_lines": [
          20.806666,
          21.711454,
          22.840095,
          23.224989
        ]
      },
      {
        "date": "2024-11-01",
        "close": 20.709999,
        "volume": 485903164,
        "typical_volume": 719421006.65,
        "trend": 23.521333,
        "fair_value": 18.248974,
        "relative_strength": -17.004312,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.191625,
        "energy": 80.311938,
        "activity_lines": [
          20.605999,
          21.404182,
          22.569714,
          23.033957
        ]
      },
      {
        "date": "2024-11-08",
        "close": 20.16,
        "volume": 292924603,
        "typical_volume": 707459203.9,
        "trend": 23.385,
        "fair_value": 18.29391,
        "relative_strength": -18.52238,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.405402,
        "energy": 83.236068,
        "activity_lines": [
          20.357333,
          21.063818,
          22.261714,
          22.817097
        ]
      },
      {
        "date": "2024-11-15",
        "close": 19.309999,
        "volume": 274366308,
        "typical_volume": 690968550.85,
        "trend": 23.230333,
        "fair_value": 18.335321,
        "relative_strength": -19.563876,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.782095,
        "energy": 87.303014,
        "activity_lines": [
          19.944666,
          20.631636,
          21.890285,
          22.554193
        ]
      },
      {
        "date": "2024-11-22",
        "close": 19.209999,
        "volume": 223370399,
        "typical_volume": 626538414.2,
        "trend": 22.999,
        "fair_value": 18.378654,
        "relative_strength": -20.940859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.432063,
        "energy": 79.695228,
        "activity_lines": [
          19.637999,
          20.250909,
          21.53019,
          22.294817
        ]
      },
      {
        "date": "2024-11-29",
        "close": 19.959999,
        "volume": 611320063,
        "typical_volume": 549419821.35,
        "trend": 22.832666,
        "fair_value": 18.426154,
        "relative_strength": -18.423145,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.022081,
        "energy": 60.830832,
        "activity_lines": [
          19.706666,
          20.080908,
          21.276904,
          22.098752
        ]
      },
      {
        "date": "2024-12-06",
        "close": 21.49,
        "volume": 564295134,
        "typical_volume": 531954338.0,
        "trend": 22.799,
        "fair_value": 18.471282,
        "relative_strength": -13.988218,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.873576,
        "energy": 43.19999,
        "activity_lines": [
          20.246666,
          20.244363,
          21.19619,
          22.012129
        ]
      },
      {
        "date": "2024-12-13",
        "close": 21.09,
        "volume": 548915070,
        "typical_volume": 515485478.9,
        "trend": 22.735333,
        "fair_value": 18.522179,
        "relative_strength": -15.622743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.721814,
        "energy": 32.335351,
        "activity_lines": [
          20.601333,
          20.357818,
          21.093,
          21.901871
        ]
      },
      {
        "date": "2024-12-20",
        "close": 19.83,
        "volume": 434286308,
        "typical_volume": 458498577.9,
        "trend": 22.629666,
        "fair_value": 18.564359,
        "relative_strength": -16.460893,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.648839,
        "energy": 29.102134,
        "activity_lines": [
          20.474,
          20.257818,
          20.888285,
          21.71443
        ]
      },
      {
        "date": "2024-12-27",
        "close": 19.82,
        "volume": 196561998,
        "typical_volume": 420881804.45,
        "trend": 22.523666,
        "fair_value": 18.60359,
        "relative_strength": -17.049804,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.380525,
        "energy": 28.299463,
        "activity_lines": [
          20.308667,
          20.184545,
          20.709381,
          21.533161
        ]
      },
      {
        "date": "2025-01-03",
        "close": 19.959999,
        "volume": 362601727,
        "typical_volume": 409683150.8,
        "trend": 22.417333,
        "fair_value": 18.642115,
        "relative_strength": -16.692386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.753497,
        "energy": 36.268008,
        "activity_lines": [
          20.149333,
          20.159818,
          20.563428,
          21.367763
        ]
      },
      {
        "date": "2025-01-10",
        "close": 17.959999,
        "volume": 449315060,
        "typical_volume": 407208662.15,
        "trend": 22.222333,
        "fair_value": 18.667179,
        "relative_strength": -22.653393,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.529293,
        "energy": 60.626131,
        "activity_lines": [
          19.323333,
          19.760909,
          20.247523,
          21.080193
        ]
      },
      {
        "date": "2025-01-17",
        "close": 18.26,
        "volume": 451471696,
        "typical_volume": 408688077.15,
        "trend": 22.036333,
        "fair_value": 18.69609,
        "relative_strength": -20.003679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.505231,
        "energy": 68.652387,
        "activity_lines": [
          18.832666,
          19.466545,
          19.990809,
          20.824559
        ]
      },
      {
        "date": "2025-01-24",
        "close": 18.24,
        "volume": 434325637,
        "typical_volume": 409007401.25,
        "trend": 21.854666,
        "fair_value": 18.727436,
        "relative_strength": -19.115971,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.771108,
        "energy": 75.170612,
        "activity_lines": [
          18.524,
          19.203091,
          19.757666,
          20.579634
        ]
      },
      {
        "date": "2025-01-31",
        "close": 19.23,
        "volume": 639773388,
        "typical_volume": 409187070.0,
        "trend": 21.607666,
        "fair_value": 18.762885,
        "relative_strength": -15.793732,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.654111,
        "energy": 69.7347,
        "activity_lines": [
          18.651333,
          19.139091,
          19.642143,
          20.410301
        ]
      },
      {
        "date": "2025-02-07",
        "close": 19.120001,
        "volume": 379252004,
        "typical_volume": 404646018.55,
        "trend": 21.391666,
        "fair_value": 18.796346,
        "relative_strength": -15.403572,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.219343,
        "energy": 46.016957,
        "activity_lines": [
          18.781334,
          19.054727,
          19.535524,
          20.249806
        ]
      },
      {
        "date": "2025-02-14",
        "close": 17.76,
        "volume": 328104730,
        "typical_volume": 405836281.05,
        "trend": 21.158,
        "fair_value": 18.82109,
        "relative_strength": -18.418928,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.323432,
        "energy": 49.354275,
        "activity_lines": [
          18.514,
          18.738364,
          19.317857,
          20.015505
        ]
      },
      {
        "date": "2025-02-21",
        "close": 17.93,
        "volume": 336621470,
        "typical_volume": 405300405.95,
        "trend": 20.923333,
        "fair_value": 18.851731,
        "relative_strength": -16.491554,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.284901,
        "energy": 45.233084,
        "activity_lines": [
          18.316667,
          18.520727,
          19.140095,
          19.807247
        ]
      },
      {
        "date": "2025-02-28",
        "close": 16.75,
        "volume": 298817794,
        "typical_volume": 397897357.4,
        "trend": 20.633333,
        "fair_value": 18.877051,
        "relative_strength": -19.025796,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.21931,
        "energy": 56.802445,
        "activity_lines": [
          17.748,
          18.146,
          18.869095,
          19.538
        ]
      },
      {
        "date": "2025-03-07",
        "close": 16.879999,
        "volume": 472215120,
        "typical_volume": 408987124.7,
        "trend": 20.398,
        "fair_value": 18.903526,
        "relative_strength": -19.428497,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.87493,
        "energy": 73.329589,
        "activity_lines": [
          17.322,
          17.850909,
          18.632619,
          19.295849
        ]
      },
      {
        "date": "2025-03-14",
        "close": 16.190001,
        "volume": 295868953,
        "typical_volume": 404015531.3,
        "trend": 20.128666,
        "fair_value": 18.924295,
        "relative_strength": -21.605463,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.638625,
        "energy": 81.571464,
        "activity_lines": [
          16.822667,
          17.483818,
          18.350476,
          19.024365
        ]
      },
      {
        "date": "2025-03-21",
        "close": 17.17,
        "volume": 353296889,
        "typical_volume": 397385217.55,
        "trend": 19.888,
        "fair_value": 18.952949,
        "relative_strength": -19.67393,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.386224,
        "energy": 75.056209,
        "activity_lines": [
          16.845333,
          17.363455,
          18.176857,
          18.833484
        ]
      },
      {
        "date": "2025-03-28",
        "close": 16.879999,
        "volume": 595718953,
        "typical_volume": 412524935.05,
        "trend": 19.663666,
        "fair_value": 18.980064,
        "relative_strength": -21.06495,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.510689,
        "energy": 59.090972,
        "activity_lines": [
          16.810666,
          17.204727,
          17.992476,
          18.639419
        ]
      },
      {
        "date": "2025-04-04",
        "close": 17.190001,
        "volume": 363945250,
        "typical_volume": 417003882.15,
        "trend": 19.465333,
        "fair_value": 18.989936,
        "relative_strength": -16.808335,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.51793,
        "energy": 45.841161,
        "activity_lines": [
          16.949333,
          17.127455,
          17.853238,
          18.479828
        ]
      },
      {
        "date": "2025-04-11",
        "close": 17.15,
        "volume": 326219200,
        "typical_volume": 422146322.2,
        "trend": 19.260333,
        "fair_value": 19.006603,
        "relative_strength": -16.14396,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.165312,
        "energy": 37.878708,
        "activity_lines": [
          17.045333,
          17.062,
          17.720286,
          18.330452
        ]
      },
      {
        "date": "2025-04-18",
        "close": 18.09,
        "volume": 246233130,
        "typical_volume": 403891975.55,
        "trend": 19.096667,
        "fair_value": 19.033141,
        "relative_strength": -14.750846,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.109871,
        "energy": 25.967874,
        "activity_lines": [
          17.436667,
          17.205273,
          17.686667,
          18.254946
        ]
      },
      {
        "date": "2025-04-25",
        "close": 17.77,
        "volume": 552192127,
        "typical_volume": 403286825.2,
        "trend": 18.931,
        "fair_value": 19.059551,
        "relative_strength": -16.138365,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.175228,
        "energy": 18.375749,
        "activity_lines": [
          17.594667,
          17.309091,
          17.631476,
          18.169355
        ]
      },
      {
        "date": "2025-05-02",
        "close": 17.719999,
        "volume": 235070318,
        "typical_volume": 387594587.6,
        "trend": 18.79,
        "fair_value": 19.088526,
        "relative_strength": -16.735605,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.232472,
        "energy": 18.242399,
        "activity_lines": [
          17.696,
          17.403636,
          17.589238,
          18.091226
        ]
      },
      {
        "date": "2025-05-09",
        "close": 20.02,
        "volume": 1556344389,
        "typical_volume": 443697491.65,
        "trend": 18.744,
        "fair_value": 19.137051,
        "relative_strength": -4.208425,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 14.315057,
        "energy": 21.811842,
        "activity_lines": [
          18.508,
          17.920182,
          17.782095,
          18.170581
        ]
      },
      {
        "date": "2025-05-16",
        "close": 21.549999,
        "volume": 1472953728,
        "typical_volume": 507517078.15,
        "trend": 18.759333,
        "fair_value": 19.185769,
        "relative_strength": -0.701211,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 46.220573,
        "energy": 54.031538,
        "activity_lines": [
          19.641333,
          18.655454,
          18.119762,
          18.351613
        ]
      },
      {
        "date": "2025-05-23",
        "close": 21.15,
        "volume": 533890755,
        "typical_volume": 516081529.55,
        "trend": 18.818333,
        "fair_value": 19.235449,
        "relative_strength": -1.561596,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 40.249123,
        "energy": 67.312735,
        "activity_lines": [
          20.348,
          19.233091,
          18.411095,
          18.505849
        ]
      },
      {
        "date": "2025-05-30",
        "close": 21.48,
        "volume": 447628851,
        "typical_volume": 515997219.1,
        "trend": 18.844,
        "fair_value": 19.288205,
        "relative_strength": 0.730929,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 48.355177,
        "energy": 76.1927,
        "activity_lines": [
          20.960666,
          19.780545,
          18.72819,
          18.67757
        ]
      },
      {
        "date": "2025-06-06",
        "close": 20.85,
        "volume": 1384350097,
        "typical_volume": 562641139.15,
        "trend": 18.867,
        "fair_value": 19.338846,
        "relative_strength": -2.86322,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.057753,
        "energy": 70.159254,
        "activity_lines": [
          21.116,
          20.135091,
          18.968524,
          18.806989
        ]
      },
      {
        "date": "2025-06-13",
        "close": 20.16,
        "volume": 412952431,
        "typical_volume": 561572478.85,
        "trend": 18.895333,
        "fair_value": 19.388269,
        "relative_strength": -4.571394,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 35.713545,
        "energy": 52.845559,
        "activity_lines": [
          20.832667,
          20.292,
          19.130809,
          18.890408
        ]
      },
      {
        "date": "2025-06-20",
        "close": 19.73,
        "volume": 563645412,
        "typical_volume": 557766080.05,
        "trend": 18.912667,
        "fair_value": 19.433013,
        "relative_strength": -7.595745,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 57.353119,
        "energy": 41.346611,
        "activity_lines": [
          20.396667,
          20.316727,
          19.243,
          18.944258
        ]
      },
      {
        "date": "2025-06-27",
        "close": 20.18,
        "volume": 492624664,
        "typical_volume": 563434713.05,
        "trend": 18.92,
        "fair_value": 19.481282,
        "relative_strength": -7.005371,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 42.677163,
        "energy": 28.202129,
        "activity_lines": [
          20.232,
          20.376364,
          19.395667,
          19.026021
        ]
      },
      {
        "date": "2025-07-04",
        "close": 20.049999,
        "volume": 348816749,
        "typical_volume": 564470314.0,
        "trend": 18.872,
        "fair_value": 19.527756,
        "relative_strength": -6.30776,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.449455,
        "energy": 22.244264,
        "activity_lines": [
          20.088666,
          20.374363,
          19.530905,
          19.098925
        ]
      },
      {
        "date": "2025-07-11",
        "close": 19.66,
        "volume": 221304099,
        "typical_volume": 558704445.45,
        "trend": 18.824333,
        "fair_value": 19.568526,
        "relative_strength": -6.430344,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.947579,
        "energy": 21.104195,
        "activity_lines": [
          19.910666,
          20.26,
          19.618095,
          19.149763
        ]
      },
      {
        "date": "2025-07-18",
        "close": 20.17,
        "volume": 421429646,
        "typical_volume": 564835038.05,
        "trend": 18.835667,
        "fair_value": 19.60359,
        "relative_strength": -2.853884,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.310585,
        "energy": 20.54346,
        "activity_lines": [
          19.982,
          20.203091,
          19.745619,
          19.236581
        ]
      },
      {
        "date": "2025-07-25",
        "close": 19.6,
        "volume": 403633395,
        "typical_volume": 561405951.8,
        "trend": 18.828333,
        "fair_value": 19.633397,
        "relative_strength": -4.622693,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.506821,
        "energy": 16.990874,
        "activity_lines": [
          19.862667,
          20.039818,
          19.802571,
          19.285892
        ]
      },
      {
        "date": "2025-08-01",
        "close": 18.6,
        "volume": 322799590,
        "typical_volume": 562752483.65,
        "trend": 18.783,
        "fair_value": 19.645897,
        "relative_strength": -7.904771,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.922577,
        "energy": 9.738859,
        "activity_lines": [
          19.418667,
          19.730182,
          19.751333,
          19.271161
        ]
      },
      {
        "date": "2025-08-08",
        "close": 18.540001,
        "volume": 246331588,
        "typical_volume": 557404218.6,
        "trend": 18.802333,
        "fair_value": 19.666667,
        "relative_strength": -6.958551,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.407586,
        "energy": 15.676931,
        "activity_lines": [
          19.06,
          19.456,
          19.682905,
          19.255484
        ]
      },
      {
        "date": "2025-08-15",
        "close": 18.780001,
        "volume": 137544566,
        "typical_volume": 534495499.25,
        "trend": 18.819667,
        "fair_value": 19.680962,
        "relative_strength": -6.280444,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.329724,
        "energy": 21.168047,
        "activity_lines": [
          18.882001,
          19.278909,
          19.63081,
          19.254043
        ]
      },
      {
        "date": "2025-08-22",
        "close": 19.280001,
        "volume": 222538740,
        "typical_volume": 527425173.75,
        "trend": 18.854333,
        "fair_value": 19.699103,
        "relative_strength": -4.239788,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 1.386624,
        "energy": 23.310006,
        "activity_lines": [
          18.929334,
          19.230364,
          19.617286,
          19.283742
        ]
      },
      {
        "date": "2025-08-29",
        "close": 19.1,
        "volume": 663765440,
        "typical_volume": 544302485.75,
        "trend": 18.85,
        "fair_value": 19.717692,
        "relative_strength": -3.058557,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 4.222784,
        "energy": 22.445165,
        "activity_lines": [
          18.976001,
          19.165091,
          19.576667,
          19.299591
        ]
      },
      {
        "date": "2025-09-05",
        "close": 20.440001,
        "volume": 562044181,
        "typical_volume": 560093038.3,
        "trend": 18.894,
        "fair_value": 19.736538,
        "relative_strength": 2.682223,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.483851,
        "energy": 20.828299,
        "activity_lines": [
          19.502667,
          19.35491,
          19.654381,
          19.402172
        ]
      },
      {
        "date": "2025-09-12",
        "close": 20.860001,
        "volume": 424817486,
        "typical_volume": 553724306.25,
        "trend": 18.997333,
        "fair_value": 19.762885,
        "relative_strength": 3.454033,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.929341,
        "energy": 37.573673,
        "activity_lines": [
          20.046667,
          19.616364,
          19.760905,
          19.529011
        ]
      },
      {
        "date": "2025-09-19",
        "close": 21.17,
        "volume": 405313079,
        "typical_volume": 562236444.3,
        "trend": 19.105333,
        "fair_value": 19.794744,
        "relative_strength": 4.247901,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.887083,
        "energy": 62.349483,
        "activity_lines": [
          20.539334,
          19.919455,
          19.882238,
          19.669183
        ]
      },
      {
        "date": "2025-09-26",
        "close": 20.969999,
        "volume": 473313287,
        "typical_volume": 508084889.2,
        "trend": 19.246,
        "fair_value": 19.828846,
        "relative_strength": 6.125132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.683139,
        "energy": 70.815321,
        "activity_lines": [
          20.806,
          20.158728,
          19.968095,
          19.789484
        ]
      },
      {
        "date": "2025-10-03",
        "close": 21.85,
        "volume": 427054420,
        "typical_volume": 455789923.8,
        "trend": 19.411667,
        "fair_value": 19.862821,
        "relative_strength": 9.513988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.926561,
        "energy": 81.077642,
        "activity_lines": [
          21.253333,
          20.543455,
          20.133238,
          19.957484
        ]
      },
      {
        "date": "2025-10-10",
        "close": 24.0,
        "volume": 985067738,
        "typical_volume": 478348772.95,
        "trend": 19.672,
        "fair_value": 19.915385,
        "relative_strength": 18.168697,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.960288,
        "energy": 91.635522,
        "activity_lines": [
          22.234,
          21.278182,
          20.501714,
          20.253506
        ]
      },
      {
        "date": "2025-10-17",
        "close": 22.25,
        "volume": 778423030,
        "typical_volume": 494888481.9,
        "trend": 19.841333,
        "fair_value": 19.955128,
        "relative_strength": 7.699884,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.021473,
        "energy": 78.345048,
        "activity_lines": [
          22.394,
          21.596546,
          20.689953,
          20.419828
        ]
      },
      {
        "date": "2025-10-24",
        "close": 22.67,
        "volume": 420561153,
        "typical_volume": 446699034.7,
        "trend": 20.034333,
        "fair_value": 20.000128,
        "relative_strength": 9.167823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.757444,
        "energy": 78.147275,
        "activity_lines": [
          22.601333,
          21.923818,
          20.914524,
          20.602323
        ]
      },
      {
        "date": "2025-10-31",
        "close": 22.74,
        "volume": 519827423,
        "typical_volume": 452042784.3,
        "trend": 20.219333,
        "fair_value": 20.040449,
        "relative_strength": 9.732143,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.327823,
        "energy": 71.844842,
        "activity_lines": [
          22.732,
          22.193091,
          21.137095,
          20.776882
        ]
      },
      {
        "date": "2025-11-07",
        "close": 22.85,
        "volume": 409045842,
        "typical_volume": 444312805.8,
        "trend": 20.409333,
        "fair_value": 20.07891,
        "relative_strength": 11.093813,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.184385,
        "energy": 53.694193,
        "activity_lines": [
          22.781333,
          22.419455,
          21.357857,
          20.946602
        ]
      },
      {
        "date": "2025-11-14",
        "close": 22.5,
        "volume": 275441684,
        "typical_volume": 433453656.8,
        "trend": 20.556333,
        "fair_value": 20.115128,
        "relative_strength": 7.505864,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.763458,
        "energy": 47.613656,
        "activity_lines": [
          22.647333,
          22.514,
          21.530429,
          21.081484
        ]
      },
      {
        "date": "2025-11-21",
        "close": 22.43,
        "volume": 423142077,
        "typical_volume": 437169923.2,
        "trend": 20.711667,
        "fair_value": 20.150256,
        "relative_strength": 6.37728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.329757,
        "energy": 41.891007,
        "activity_lines": [
          22.59,
          22.558364,
          21.685286,
          21.202366
        ]
      },
      {
        "date": "2025-11-28",
        "close": 22.93,
        "volume": 460614807,
        "typical_volume": 449135458.6,
        "trend": 20.885333,
        "fair_value": 20.185705,
        "relative_strength": 8.065966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.060647,
        "energy": 42.873053,
        "activity_lines": [
          22.687333,
          22.665091,
          21.876429,
          21.345484
        ]
      },
      {
        "date": "2025-12-05",
        "close": 22.6,
        "volume": 539536973,
        "typical_volume": 455040824.95,
        "trend": 20.971333,
        "fair_value": 20.204295,
        "relative_strength": 6.597532,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.287646,
        "energy": 34.584993,
        "activity_lines": [
          22.657333,
          22.679818,
          22.020572,
          21.456108
        ]
      },
      {
        "date": "2025-12-12",
        "close": 21.92,
        "volume": 343468042,
        "typical_volume": 452032557.3,
        "trend": 20.983667,
        "fair_value": 20.20891,
        "relative_strength": 3.968434,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.345938,
        "energy": 27.846125,
        "activity_lines": [
          22.41,
          22.541273,
          22.088381,
          21.517312
        ]
      },
      {
        "date": "2025-12-19",
        "close": 21.700001,
        "volume": 277510981,
        "typical_volume": 449768126.85,
        "trend": 21.002,
        "fair_value": 20.236154,
        "relative_strength": 3.256513,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.074089,
        "energy": 19.670709,
        "activity_lines": [
          22.151334,
          22.361455,
          22.124191,
          21.563527
        ]
      },
      {
        "date": "2025-12-26",
        "close": 21.52,
        "volume": 164518881,
        "typical_volume": 445677491.5,
        "trend": 21.003333,
        "fair_value": 20.242051,
        "relative_strength": 2.116011,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.644224,
        "energy": 18.967103,
        "activity_lines": [
          21.886,
          22.190727,
          22.128095,
          21.596946
        ]
      },
      {
        "date": "2026-01-02",
        "close": 22.290001,
        "volume": 529521961,
        "typical_volume": 465276361.25,
        "trend": 21.051334,
        "fair_value": 20.249679,
        "relative_strength": 4.582294,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.749425,
        "energy": 16.857582,
        "activity_lines": [
          21.938001,
          22.173273,
          22.191143,
          21.679957
        ]
      },
      {
        "date": "2026-01-09",
        "close": 22.84,
        "volume": 709743138,
        "typical_volume": 489636581.15,
        "trend": 21.140667,
        "fair_value": 20.266923,
        "relative_strength": 9.535566,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.935323,
        "energy": 16.507357,
        "activity_lines": [
          22.216,
          22.262728,
          22.289857,
          21.795355
        ]
      },
      {
        "date": "2026-01-16",
        "close": 23.459999,
        "volume": 420337198,
        "typical_volume": 477465169.05,
        "trend": 21.265,
        "fair_value": 20.290705,
        "relative_strength": 12.125706,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 67.43925,
        "energy": 43.049381,
        "activity_lines": [
          22.684667,
          22.463091,
          22.430667,
          21.944989
        ]
      },
      {
        "date": "2026-01-23",
        "close": 20.92,
        "volume": 709216278,
        "typical_volume": 484823773.9,
        "trend": 21.289667,
        "fair_value": 20.312628,
        "relative_strength": 2.453745,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.647402,
        "energy": 13.3536,
        "activity_lines": [
          22.204,
          22.190546,
          22.30881,
          21.922731
        ]
      },
      {
        "date": "2026-01-30",
        "close": 21.41,
        "volume": 544466290,
        "typical_volume": 490806214.1,
        "trend": 21.335,
        "fair_value": 20.344423,
        "relative_strength": 3.659744,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.047744,
        "energy": 5.581757,
        "activity_lines": [
          21.938667,
          22.035818,
          22.231333,
          21.930495
        ]
      },
      {
        "date": "2026-02-06",
        "close": 21.290001,
        "volume": 414195999,
        "typical_volume": 491250360.1,
        "trend": 21.389334,
        "fair_value": 20.371603,
        "relative_strength": 1.5413,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.947344,
        "energy": 11.586196,
        "activity_lines": [
          21.640667,
          21.877818,
          22.13981,
          21.927592
        ]
      },
      {
        "date": "2026-02-13",
        "close": 20.860001,
        "volume": 311581623,
        "typical_volume": 483163776.9,
        "trend": 21.412334,
        "fair_value": 20.402115,
        "relative_strength": 0.254993,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -25.724264,
        "energy": 30.353825,
        "activity_lines": [
          21.266001,
          21.671455,
          22.006762,
          21.893441
        ]
      },
      {
        "date": "2026-02-20",
        "close": 21.040001,
        "volume": 225366378,
        "typical_volume": 473079374.8,
        "trend": 21.460334,
        "fair_value": 20.433462,
        "relative_strength": 0.638156,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.228288,
        "energy": 41.608349,
        "activity_lines": [
          21.083334,
          21.529455,
          21.891381,
          21.86942
        ]
      },
      {
        "date": "2026-02-27",
        "close": 20.719999,
        "volume": 513321774,
        "typical_volume": 449492076.6,
        "trend": 21.531,
        "fair_value": 20.458269,
        "relative_strength": 0.497217,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.178875,
        "energy": 51.175325,
        "activity_lines": [
          20.955334,
          21.345273,
          21.749381,
          21.821656
        ]
      },
      {
        "date": "2026-03-06",
        "close": 20.120001,
        "volume": 382474822,
        "typical_volume": 429694666.2,
        "trend": 21.583667,
        "fair_value": 20.481474,
        "relative_strength": 0.318168,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.059177,
        "energy": 57.391139,
        "activity_lines": [
          20.640667,
          21.069819,
          21.565857,
          21.730624
        ]
      },
      {
        "date": "2026-03-13",
        "close": 18.799999,
        "volume": 436176946,
        "typical_volume": 430475455.85,
        "trend": 21.584333,
        "fair_value": 20.505513,
        "relative_strength": -1.208995,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -86.151486,
        "energy": 80.218794,
        "activity_lines": [
          19.972,
          20.579818,
          21.266762,
          21.551032
        ]
      },
      {
        "date": "2026-03-20",
        "close": 18.58,
        "volume": 455424858,
        "typical_volume": 427255327.6,
        "trend": 21.561,
        "fair_value": 20.528141,
        "relative_strength": -2.366935,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.234548,
        "energy": 85.541929,
        "activity_lines": [
          19.396,
          20.113273,
          20.965143,
          21.357204
        ]
      },
      {
        "date": "2026-03-27",
        "close": 18.120001,
        "volume": 555383844,
        "typical_volume": 434572227.7,
        "trend": 21.528333,
        "fair_value": 20.547821,
        "relative_strength": -3.725312,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.919744,
        "energy": 88.918108,
        "activity_lines": [
          18.818667,
          19.640546,
          20.639524,
          21.135204
        ]
      },
      {
        "date": "2026-04-03",
        "close": 17.870001,
        "volume": 370509337,
        "typical_volume": 439325610.35,
        "trend": 21.442667,
        "fair_value": 20.563654,
        "relative_strength": -4.688992,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.790951,
        "energy": 90.696062,
        "activity_lines": [
          18.352667,
          19.219455,
          20.312619,
          20.899183
        ]
      },
      {
        "date": "2026-04-10",
        "close": 19.08,
        "volume": 453317178,
        "typical_volume": 440834365.4,
        "trend": 21.383333,
        "fair_value": 20.587564,
        "relative_strength": -3.988807,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.453952,
        "energy": 79.224849,
        "activity_lines": [
          18.48,
          19.073819,
          20.123,
          20.746753
        ]
      },
      {
        "date": "2026-04-17",
        "close": 20.190001,
        "volume": 428027420,
        "typical_volume": 439204996.05,
        "trend": 21.350667,
        "fair_value": 20.613141,
        "relative_strength": 0.168333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.112813,
        "energy": 49.047603,
        "activity_lines": [
          19.046667,
          19.172364,
          20.055048,
          20.669764
        ]
      },
      {
        "date": "2026-04-24",
        "close": 19.84,
        "volume": 730742155,
        "typical_volume": 448765255.15,
        "trend": 21.313,
        "fair_value": 20.639679,
        "relative_strength": 0.096799,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.289906,
        "energy": 35.27443,
        "activity_lines": [
          19.404,
          19.227273,
          19.96681,
          20.572301
        ]
      },
      {
        "date": "2026-05-01",
        "close": 19.93,
        "volume": 321697896,
        "typical_volume": 447676747.85,
        "trend": 21.249,
        "fair_value": 20.665192,
        "relative_strength": -0.104303,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.228768,
        "energy": 27.703711,
        "activity_lines": [
          19.707334,
          19.317091,
          19.900286,
          20.483076
        ]
      },
      {
        "date": "2026-05-08",
        "close": 22.940001,
        "volume": 1052235605,
        "typical_volume": 486412979.05,
        "trend": 21.213667,
        "fair_value": 20.71,
        "relative_strength": 13.83063,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 8.789404,
        "energy": 26.780434,
        "activity_lines": [
          20.893334,
          19.974364,
          20.129905,
          20.592172
        ]
      },
      {
        "date": "2026-05-15",
        "close": 22.07,
        "volume": 669601099,
        "typical_volume": 511667089.95,
        "trend": 21.207667,
        "fair_value": 20.751154,
        "relative_strength": 11.794729,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 30.120837,
        "energy": 37.918284,
        "activity_lines": [
          21.451334,
          20.433091,
          20.270762,
          20.64742
        ]
      },
      {
        "date": "2026-05-22",
        "close": 21.870001,
        "volume": 447049941,
        "typical_volume": 507543488.95,
        "trend": 21.181,
        "fair_value": 20.791346,
        "relative_strength": 10.24724,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.892057,
        "energy": 37.939158,
        "activity_lines": [
          21.743334,
          20.820001,
          20.389953,
          20.690151
        ]
      },
      {
        "date": "2026-05-29",
        "close": 23.15,
        "volume": 589123845,
        "typical_volume": 501512524.3,
        "trend": 21.194667,
        "fair_value": 20.834615,
        "relative_strength": 17.239227,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.394838,
        "energy": 52.889121,
        "activity_lines": [
          22.35,
          21.383819,
          20.633048,
          20.817183
        ]
      },
      {
        "date": "2026-06-05",
        "close": 23.299999,
        "volume": 148106091,
        "typical_volume": 487900968.95,
        "trend": 21.209667,
        "fair_value": 20.877564,
        "relative_strength": 18.469627,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 37.873842,
        "energy": 63.912597,
        "activity_lines": [
          22.786,
          21.891818,
          20.888953,
          20.953011
        ]
      },
      {
        "date": "2026-06-12",
        "close": 23.02,
        "volume": 87273100,
        "typical_volume": 456803810.05,
        "trend": 21.227,
        "fair_value": 20.920641,
        "relative_strength": 15.357743,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.321443,
        "energy": 61.700256,
        "activity_lines": [
          22.904,
          22.254727,
          21.118953,
          21.069807
        ]
      },
      {
        "date": "2026-06-19",
        "close": 25.41,
        "volume": 132491220,
        "typical_volume": 436205056.55,
        "trend": 21.326334,
        "fair_value": 20.980962,
        "relative_strength": 24.493081,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 89.13961,
        "energy": 85.960421,
        "activity_lines": [
          23.813333,
          22.958546,
          21.566572,
          21.339678
        ]
      },
      {
        "date": "2026-06-26",
        "close": 24.870001,
        "volume": 0,
        "typical_volume": 415495256.6,
        "trend": 21.391,
        "fair_value": 21.036218,
        "relative_strength": 20.954959,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.265316,
        "energy": 84.551404,
        "activity_lines": [
          24.32,
          23.449091,
          21.943715,
          21.568301
        ]
      },
      {
        "date": "2026-07-03",
        "close": 24.389999,
        "volume": 86012503,
        "typical_volume": 404216800.6,
        "trend": 21.450667,
        "fair_value": 21.080705,
        "relative_strength": 16.99807,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.403852,
        "energy": 78.52986,
        "activity_lines": [
          24.466667,
          23.767273,
          22.258095,
          21.761785
        ]
      },
      {
        "date": "2026-07-10",
        "close": 23.940001,
        "volume": 315777010,
        "typical_volume": 408737332.2,
        "trend": 21.518,
        "fair_value": 21.122949,
        "relative_strength": 14.610973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.630524,
        "energy": 72.725231,
        "activity_lines": [
          24.380667,
          23.920909,
          22.51281,
          21.922387
        ]
      },
      {
        "date": "2026-07-17",
        "close": 23.610001,
        "volume": 287560118,
        "typical_volume": 397449249.4,
        "trend": 21.581667,
        "fair_value": 21.15859,
        "relative_strength": 12.033838,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.759213,
        "energy": 51.771677,
        "activity_lines": [
          24.142001,
          23.941637,
          22.722286,
          22.057355
        ]
      },
      {
        "date": "2026-07-24",
        "close": 22.950001,
        "volume": 490264630,
        "typical_volume": 402838739.8,
        "trend": 21.629334,
        "fair_value": 21.197051,
        "relative_strength": 11.064116,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.876449,
        "energy": 34.266152,
        "activity_lines": [
          23.644001,
          23.830182,
          22.855143,
          22.145635
        ]
      },
      {
        "date": "2026-07-31",
        "close": 22.77,
        "volume": 258932500,
        "typical_volume": 393976517.5,
        "trend": 21.645334,
        "fair_value": 21.234359,
        "relative_strength": 6.990472,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.800344,
        "energy": 24.190031,
        "activity_lines": [
          23.250001,
          23.67,
          22.957381,
          22.219226
        ]
      },
      {
        "date": "2026-08-07",
        "close": 22.690001,
        "volume": 210179727,
        "typical_volume": 381714260.95,
        "trend": 21.640334,
        "fair_value": 21.270513,
        "relative_strength": 5.425529,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.088792,
        "energy": 27.762792,
        "activity_lines": [
          22.969334,
          23.47891,
          23.033096,
          22.286624
        ]
      }
    ],
    "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."
    }
  }
}