{
  "ticker": {
    "uuid": "97f59b9f-86c6-46f4-8463-cc0cc2649acd",
    "symbol": "1446",
    "name": "Hong Ho Precision Textile Co.,Ltd.",
    "exchange": "TAI",
    "country": "TW",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 89.092,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -59.136,
    "architecture_energy": 65.709,
    "architecture_maturity": 8.835,
    "architecture_confidence": 80.888,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 28.59,
        "rotation_up": 9.21,
        "upward_expansion": 14.38,
        "deceleration": 37.28,
        "rotation_down": 69.99,
        "downward_expansion": 87.71
      },
      "activity_lines": [
        13.89,
        14.301707,
        14.520659,
        14.638134
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 13.95,
    "trend_reference": 14.847394,
    "distance_from_trend": -0.060441,
    "trend_direction": "Weakening",
    "fair_value": 26.825077,
    "distance_from_fair_value": -0.479964,
    "fair_value_direction": "Improving",
    "relative_strength": -39.178404,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.079349,
    "excess_performance": -0.520721,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.060441,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.042711,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.479964,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.026806,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.391784,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.092532,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.079349,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.870283,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 842378,
      "relative_activity": 0.690346,
      "balance": 1.870283,
      "dry_up": 0.851688,
      "accumulation_observations": 4,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.058644,
      "annualized_volatility": 0.262053,
      "from_high_reference": -0.334083,
      "from_low_reference": 0.053986
    },
    "levels": {
      "trend_reference": 14.847394,
      "fair_value_reference": 26.825077,
      "structural_low": 13.235465,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 30,
        "median_return": -0.004851,
        "positive_rate": 0.433333,
        "directional_follow_through": 0.533333,
        "median_excess_return": -0.058568,
        "regime_survival": 0.833333,
        "best_return": 0.566372,
        "worst_return": -0.280109,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": -0.090362,
        "positive_rate": 0.454545,
        "directional_follow_through": 0.545455,
        "median_excess_return": -0.137391,
        "regime_survival": 0.727273,
        "best_return": 0.436313,
        "worst_return": -0.315723,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": -0.085912,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.236566,
        "regime_survival": 0.5,
        "best_return": 0.507117,
        "worst_return": -0.388764,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.015753,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.204107,
        "regime_survival": 0.666667,
        "best_return": 0.103221,
        "worst_return": -0.518365,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-06-23",
        "end": "2023-10-13",
        "tenure": "Established",
        "return": 0.042996,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-10-20",
        "end": "2023-11-17",
        "tenure": "Developing",
        "return": 0.061995,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-11-24",
        "end": "2023-12-15",
        "tenure": "New",
        "return": -0.018088,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-12-22",
        "end": "2024-01-19",
        "tenure": "Developing",
        "return": -0.081967,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-01-26",
        "end": "2024-04-26",
        "tenure": "Established",
        "return": 0.049296,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-05-03",
        "end": "2024-05-10",
        "tenure": "New",
        "return": 0.12,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-17",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": -0.07533,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-12",
        "end": "2024-10-11",
        "tenure": "Established",
        "return": -0.131874,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-10-18",
        "end": "2024-10-25",
        "tenure": "New",
        "return": -0.009324,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-01",
        "end": "2024-11-29",
        "tenure": "Developing",
        "return": 0.231461,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-12-06",
        "end": "2024-12-27",
        "tenure": "New",
        "return": -0.319828,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-03",
        "end": "2026-06-12",
        "tenure": "Extended",
        "return": -0.52709,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-19",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": -0.101263,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-08-07",
        "end": "2026-08-14",
        "tenure": "New",
        "return": 0.00722,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 30.314358,
        "volume": 2631470,
        "typical_volume": 976657.5,
        "trend": 26.988901,
        "fair_value": 25.789369,
        "relative_strength": 4.774621,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.917829,
        "energy": 54.477089,
        "activity_lines": [
          30.54744,
          30.098558,
          28.52668,
          27.778558
        ]
      },
      {
        "date": "2023-08-18",
        "close": 31.301531,
        "volume": 805145,
        "typical_volume": 1002291.95,
        "trend": 27.179925,
        "fair_value": 25.844376,
        "relative_strength": 9.374106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.791743,
        "energy": 56.819342,
        "activity_lines": [
          30.818913,
          30.460736,
          28.894232,
          28.056792
        ]
      },
      {
        "date": "2023-08-25",
        "close": 30.890209,
        "volume": 749837,
        "typical_volume": 1036661.0,
        "trend": 27.353146,
        "fair_value": 25.898804,
        "relative_strength": 7.099045,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.429349,
        "energy": 50.533129,
        "activity_lines": [
          30.906662,
          30.643933,
          29.196101,
          28.296166
        ]
      },
      {
        "date": "2023-09-01",
        "close": 31.795116,
        "volume": 847234,
        "typical_volume": 1067408.8,
        "trend": 27.522437,
        "fair_value": 25.958518,
        "relative_strength": 9.082847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.484762,
        "energy": 51.53482,
        "activity_lines": [
          31.21104,
          30.890479,
          29.55999,
          28.582744
        ]
      },
      {
        "date": "2023-09-08",
        "close": 30.931339,
        "volume": 564534,
        "typical_volume": 1065854.95,
        "trend": 27.698393,
        "fair_value": 26.005747,
        "relative_strength": 6.75274,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.019931,
        "energy": 44.613048,
        "activity_lines": [
          31.16168,
          30.938218,
          29.814313,
          28.802673
        ]
      },
      {
        "date": "2023-09-15",
        "close": 32.247566,
        "volume": 1002258,
        "typical_volume": 1098638.2,
        "trend": 27.912769,
        "fair_value": 26.043402,
        "relative_strength": 9.197711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.747696,
        "energy": 46.915167,
        "activity_lines": [
          31.562032,
          31.226743,
          30.169828,
          29.096169
        ]
      },
      {
        "date": "2023-09-22",
        "close": 31.136997,
        "volume": 564311,
        "typical_volume": 1121292.85,
        "trend": 28.066941,
        "fair_value": 26.070334,
        "relative_strength": 9.233285,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.502934,
        "energy": 43.921068,
        "activity_lines": [
          31.463314,
          31.258901,
          30.386807,
          29.304183
        ]
      },
      {
        "date": "2023-09-29",
        "close": 31.87738,
        "volume": 789738,
        "typical_volume": 1141899.5,
        "trend": 28.244429,
        "fair_value": 26.108446,
        "relative_strength": 12.029938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.472612,
        "energy": 43.937114,
        "activity_lines": [
          31.622359,
          31.415951,
          30.644286,
          29.550018
        ]
      },
      {
        "date": "2023-10-06",
        "close": 31.095869,
        "volume": 630785,
        "typical_volume": 1159649.35,
        "trend": 28.398594,
        "fair_value": 26.14335,
        "relative_strength": 8.345471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.714545,
        "energy": 40.363533,
        "activity_lines": [
          31.455088,
          31.389776,
          30.793213,
          29.733982
        ]
      },
      {
        "date": "2023-10-13",
        "close": 30.766813,
        "volume": 195225,
        "typical_volume": 1160826.15,
        "trend": 28.560884,
        "fair_value": 26.187723,
        "relative_strength": 5.6023,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.561215,
        "energy": 29.005937,
        "activity_lines": [
          31.224749,
          31.298538,
          30.885076,
          29.88677
        ]
      },
      {
        "date": "2023-10-20",
        "close": 30.52002,
        "volume": 410079,
        "typical_volume": 1167676.3,
        "trend": 28.713583,
        "fair_value": 26.223824,
        "relative_strength": 6.86821,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.856532,
        "energy": 23.558959,
        "activity_lines": [
          30.923114,
          31.168411,
          30.930056,
          30.013166
        ]
      },
      {
        "date": "2023-10-27",
        "close": 30.561152,
        "volume": 289426,
        "typical_volume": 1168247.6,
        "trend": 28.874473,
        "fair_value": 26.2553,
        "relative_strength": 8.890597,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.784203,
        "energy": 18.672142,
        "activity_lines": [
          30.75036,
          31.042023,
          30.956554,
          30.132364
        ]
      },
      {
        "date": "2023-11-03",
        "close": 31.342661,
        "volume": 576155,
        "typical_volume": 1183579.35,
        "trend": 29.058685,
        "fair_value": 26.283809,
        "relative_strength": 9.080229,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.871958,
        "energy": 18.621213,
        "activity_lines": [
          30.876498,
          31.07119,
          31.033718,
          30.291602
        ]
      },
      {
        "date": "2023-11-10",
        "close": 31.260397,
        "volume": 460273,
        "typical_volume": 988467.75,
        "trend": 29.231972,
        "fair_value": 26.303555,
        "relative_strength": 7.721258,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.370633,
        "energy": 19.955388,
        "activity_lines": [
          31.010863,
          31.077172,
          31.074394,
          30.433648
        ]
      },
      {
        "date": "2023-11-17",
        "close": 32.412102,
        "volume": 1324220,
        "typical_volume": 855490.45,
        "trend": 29.450468,
        "fair_value": 26.340463,
        "relative_strength": 8.264364,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.496606,
        "energy": 39.853625,
        "activity_lines": [
          31.51816,
          31.302278,
          31.216366,
          30.638818
        ]
      },
      {
        "date": "2023-11-24",
        "close": 31.836246,
        "volume": 500876,
        "typical_volume": 785478.15,
        "trend": 29.666134,
        "fair_value": 26.366989,
        "relative_strength": 5.772757,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.172389,
        "energy": 46.266329,
        "activity_lines": [
          31.72382,
          31.39576,
          31.296829,
          30.792739
        ]
      },
      {
        "date": "2023-12-01",
        "close": 31.466059,
        "volume": 333164,
        "typical_volume": 738980.0,
        "trend": 29.88719,
        "fair_value": 26.390113,
        "relative_strength": 3.540563,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.572213,
        "energy": 46.782699,
        "activity_lines": [
          31.718336,
          31.429414,
          31.329735,
          30.908863
        ]
      },
      {
        "date": "2023-12-08",
        "close": 31.424927,
        "volume": 384225,
        "typical_volume": 723834.9,
        "trend": 30.110966,
        "fair_value": 26.435617,
        "relative_strength": 3.586559,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.50824,
        "energy": 41.106246,
        "activity_lines": [
          31.638814,
          31.449606,
          31.35461,
          31.008072
        ]
      },
      {
        "date": "2023-12-15",
        "close": 31.260397,
        "volume": 741058,
        "typical_volume": 733127.8,
        "trend": 30.296528,
        "fair_value": 26.478008,
        "relative_strength": 1.233907,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.990036,
        "energy": 25.407548,
        "activity_lines": [
          31.498964,
          31.44811,
          31.355197,
          31.082229
        ]
      },
      {
        "date": "2023-12-22",
        "close": 30.108698,
        "volume": 665000,
        "typical_volume": 723250.65,
        "trend": 30.438244,
        "fair_value": 26.515332,
        "relative_strength": -2.075682,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -2.049331,
        "energy": 8.138585,
        "activity_lines": [
          30.975215,
          31.234223,
          31.243945,
          31.070111
        ]
      },
      {
        "date": "2023-12-29",
        "close": 30.314358,
        "volume": 410037,
        "typical_volume": 612179.0,
        "trend": 30.588179,
        "fair_value": 26.557835,
        "relative_strength": -3.212956,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -0.561857,
        "energy": 14.37955,
        "activity_lines": [
          30.673579,
          31.069694,
          31.15698,
          31.062118
        ]
      },
      {
        "date": "2024-01-05",
        "close": 30.396627,
        "volume": 280728,
        "typical_volume": 585958.15,
        "trend": 30.749039,
        "fair_value": 26.595204,
        "relative_strength": -0.62404,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.529446,
        "energy": 25.907023,
        "activity_lines": [
          30.500825,
          30.923863,
          31.07785,
          31.04976
        ]
      },
      {
        "date": "2024-01-12",
        "close": 28.915869,
        "volume": 606482,
        "typical_volume": 578790.4,
        "trend": 30.868724,
        "fair_value": 26.624367,
        "relative_strength": -5.285702,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -51.955736,
        "energy": 61.632478,
        "activity_lines": [
          29.905781,
          30.511794,
          30.862004,
          30.931491
        ]
      },
      {
        "date": "2024-01-19",
        "close": 27.640772,
        "volume": 1008687,
        "typical_volume": 586863.05,
        "trend": 30.806799,
        "fair_value": 26.637894,
        "relative_strength": -10.165835,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -87.528635,
        "energy": 83.877641,
        "activity_lines": [
          29.052975,
          29.912013,
          30.534123,
          30.723236
        ]
      },
      {
        "date": "2024-01-26",
        "close": 29.203794,
        "volume": 499674,
        "typical_volume": 583620.05,
        "trend": 30.746516,
        "fair_value": 26.66247,
        "relative_strength": -6.638696,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.386341,
        "energy": 74.323365,
        "activity_lines": [
          28.962485,
          29.662229,
          30.374883,
          30.619816
        ]
      },
      {
        "date": "2024-02-02",
        "close": 28.134357,
        "volume": 465011,
        "typical_volume": 556757.7,
        "trend": 30.709227,
        "fair_value": 26.684051,
        "relative_strength": -10.227378,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.956512,
        "energy": 80.04343,
        "activity_lines": [
          28.575843,
          29.276335,
          30.122018,
          30.45129
        ]
      },
      {
        "date": "2024-02-09",
        "close": 28.134357,
        "volume": 40022,
        "typical_volume": 530543.25,
        "trend": 30.626963,
        "fair_value": 26.715924,
        "relative_strength": -10.316138,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.455174,
        "energy": 77.070573,
        "activity_lines": [
          28.334534,
          28.957748,
          29.88874,
          30.285169
        ]
      },
      {
        "date": "2024-02-16",
        "close": 27.887566,
        "volume": 142150,
        "typical_volume": 498163.85,
        "trend": 30.569378,
        "fair_value": 26.747245,
        "relative_strength": -13.382632,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.655337,
        "energy": 69.00122,
        "activity_lines": [
          28.161779,
          28.654866,
          29.646257,
          30.108434
        ]
      },
      {
        "date": "2024-02-23",
        "close": 28.998131,
        "volume": 786820,
        "typical_volume": 505965.6,
        "trend": 30.509051,
        "fair_value": 26.785684,
        "relative_strength": -11.104855,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.312095,
        "energy": 49.257708,
        "activity_lines": [
          28.427767,
          28.618221,
          29.52854,
          30.007063
        ]
      },
      {
        "date": "2024-03-01",
        "close": 28.833603,
        "volume": 373170,
        "typical_volume": 514862.85,
        "trend": 30.433642,
        "fair_value": 26.821525,
        "relative_strength": -11.651802,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.092532,
        "energy": 41.514067,
        "activity_lines": [
          28.548421,
          28.592794,
          29.405144,
          29.898969
        ]
      },
      {
        "date": "2024-03-08",
        "close": 29.162661,
        "volume": 637227,
        "typical_volume": 526220.25,
        "trend": 30.395252,
        "fair_value": 26.851499,
        "relative_strength": -14.258686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.47056,
        "energy": 28.868337,
        "activity_lines": [
          28.80344,
          28.650379,
          29.322292,
          29.816971
        ]
      },
      {
        "date": "2024-03-15",
        "close": 27.805298,
        "volume": 1625150,
        "typical_volume": 593006.45,
        "trend": 30.278711,
        "fair_value": 26.870713,
        "relative_strength": -17.579705,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.199295,
        "energy": 30.956972,
        "activity_lines": [
          28.537451,
          28.48211,
          29.116631,
          29.649877
        ]
      },
      {
        "date": "2024-03-22",
        "close": 27.558508,
        "volume": 836507,
        "typical_volume": 606024.05,
        "trend": 30.167655,
        "fair_value": 26.892461,
        "relative_strength": -20.276589,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.253271,
        "energy": 41.139308,
        "activity_lines": [
          28.211137,
          28.316086,
          28.90059,
          29.47438
        ]
      },
      {
        "date": "2024-03-29",
        "close": 27.640772,
        "volume": 697025,
        "typical_volume": 617861.65,
        "trend": 30.029177,
        "fair_value": 26.913966,
        "relative_strength": -20.065034,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.98626,
        "energy": 43.740337,
        "activity_lines": [
          27.934181,
          28.189699,
          28.710403,
          29.311355
        ]
      },
      {
        "date": "2024-04-05",
        "close": 27.72304,
        "volume": 446759,
        "typical_volume": 573988.6,
        "trend": 29.922233,
        "fair_value": 26.940372,
        "relative_strength": -19.755376,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.864444,
        "energy": 51.005982,
        "activity_lines": [
          27.775138,
          28.078269,
          28.545287,
          29.162572
        ]
      },
      {
        "date": "2024-04-12",
        "close": 29.779644,
        "volume": 1292442,
        "typical_volume": 613566.9,
        "trend": 29.839969,
        "fair_value": 26.98202,
        "relative_strength": -15.269123,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.88741,
        "energy": 22.913682,
        "activity_lines": [
          28.375667,
          28.367689,
          28.598367,
          29.153373
        ]
      },
      {
        "date": "2024-04-19",
        "close": 27.887566,
        "volume": 876410,
        "typical_volume": 640729.2,
        "trend": 29.731655,
        "fair_value": 27.011025,
        "relative_strength": -15.518481,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.354083,
        "energy": 25.972576,
        "activity_lines": [
          28.304372,
          28.283182,
          28.481043,
          29.027411
        ]
      },
      {
        "date": "2024-04-26",
        "close": 30.643417,
        "volume": 1427188,
        "typical_volume": 692877.35,
        "trend": 29.690523,
        "fair_value": 27.055379,
        "relative_strength": -9.79977,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 4.235717,
        "energy": 11.914738,
        "activity_lines": [
          29.146209,
          28.704225,
          28.643221,
          29.086235
        ]
      },
      {
        "date": "2024-05-03",
        "close": 38.047195,
        "volume": 19063737,
        "typical_volume": 1609011.3,
        "trend": 29.922234,
        "fair_value": 27.147194,
        "relative_strength": 10.482735,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 51.24084,
        "energy": 63.424474,
        "activity_lines": [
          32.250311,
          30.421303,
          29.514242,
          29.625375
        ]
      },
      {
        "date": "2024-05-10",
        "close": 42.612854,
        "volume": 38812193,
        "typical_volume": 3516370.95,
        "trend": 30.317102,
        "fair_value": 27.270077,
        "relative_strength": 20.842793,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 92.995631,
        "energy": 96.5919,
        "activity_lines": [
          36.182538,
          32.803973,
          30.78777,
          30.444124
        ]
      },
      {
        "date": "2024-05-17",
        "close": 43.682289,
        "volume": 16637289,
        "typical_volume": 4327733.55,
        "trend": 30.755844,
        "fair_value": 27.398786,
        "relative_strength": 20.040558,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.608071,
        "energy": 97.180261,
        "activity_lines": [
          39.47859,
          35.130554,
          32.103605,
          31.306395
        ]
      },
      {
        "date": "2024-05-24",
        "close": 41.707951,
        "volume": 15456846,
        "typical_volume": 5086539.45,
        "trend": 31.127404,
        "fair_value": 27.522559,
        "relative_strength": 12.519631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.362767,
        "energy": 89.802249,
        "activity_lines": [
          41.189685,
          36.834171,
          33.167752,
          32.012982
        ]
      },
      {
        "date": "2024-05-31",
        "close": 45.245312,
        "volume": 8320752,
        "typical_volume": 5472252.95,
        "trend": 31.590826,
        "fair_value": 27.67158,
        "relative_strength": 23.500001,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.818478,
        "energy": 93.995625,
        "activity_lines": [
          43.158542,
          38.928169,
          34.514926,
          32.923815
        ]
      },
      {
        "date": "2024-06-07",
        "close": 49.68758,
        "volume": 16173474,
        "typical_volume": 6230492.3,
        "trend": 32.205065,
        "fair_value": 27.842387,
        "relative_strength": 30.281546,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.536397,
        "energy": 93.840412,
        "activity_lines": [
          45.634696,
          41.508273,
          36.207414,
          34.091348
        ]
      },
      {
        "date": "2024-06-14",
        "close": 46.232487,
        "volume": 7699948,
        "typical_volume": 6590506.0,
        "trend": 32.665745,
        "fair_value": 27.959395,
        "relative_strength": 16.980639,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.593377,
        "energy": 68.104501,
        "activity_lines": [
          46.183125,
          43.059328,
          37.465861,
          34.996342
        ]
      },
      {
        "date": "2024-06-21",
        "close": 42.44833,
        "volume": 6221069,
        "typical_volume": 6878308.9,
        "trend": 33.019481,
        "fair_value": 28.065784,
        "relative_strength": 3.82182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.05515,
        "energy": 65.68595,
        "activity_lines": [
          45.228861,
          43.585819,
          38.282823,
          35.627477
        ]
      },
      {
        "date": "2024-06-28",
        "close": 41.790215,
        "volume": 5356554,
        "typical_volume": 7144135.5,
        "trend": 33.363619,
        "fair_value": 28.1713,
        "relative_strength": 3.214931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.518591,
        "energy": 56.628299,
        "activity_lines": [
          44.137489,
          43.762313,
          38.968945,
          36.193331
        ]
      },
      {
        "date": "2024-07-05",
        "close": 40.391724,
        "volume": 4389600,
        "typical_volume": 7356508.0,
        "trend": 33.662512,
        "fair_value": 28.268365,
        "relative_strength": -2.416136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.989913,
        "energy": 37.014793,
        "activity_lines": [
          42.574468,
          43.431761,
          39.45685,
          36.646757
        ]
      },
      {
        "date": "2024-07-12",
        "close": 42.201538,
        "volume": 7655772,
        "typical_volume": 7699955.6,
        "trend": 34.027217,
        "fair_value": 28.380892,
        "relative_strength": 0.426839,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.217055,
        "energy": 26.603914,
        "activity_lines": [
          41.938292,
          43.253023,
          40.057575,
          37.197662
        ]
      },
      {
        "date": "2024-07-19",
        "close": 42.763153,
        "volume": 8290136,
        "typical_volume": 8095803.9,
        "trend": 34.449032,
        "fair_value": 28.485182,
        "relative_strength": 6.272876,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.757388,
        "energy": 24.290644,
        "activity_lines": [
          41.98839,
          43.100864,
          40.648914,
          37.761271
        ]
      },
      {
        "date": "2024-07-26",
        "close": 44.013542,
        "volume": 3820578,
        "typical_volume": 8254971.45,
        "trend": 34.905672,
        "fair_value": 28.597487,
        "relative_strength": 12.832423,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.36484,
        "energy": 27.247066,
        "activity_lines": [
          42.686573,
          43.173316,
          41.293005,
          38.378336
        ]
      },
      {
        "date": "2024-08-02",
        "close": 42.263004,
        "volume": 4943820,
        "typical_volume": 8420904.95,
        "trend": 35.301218,
        "fair_value": 28.702688,
        "relative_strength": 10.624693,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.982476,
        "energy": 28.243368,
        "activity_lines": [
          42.696896,
          42.921465,
          41.699661,
          38.853002
        ]
      },
      {
        "date": "2024-08-09",
        "close": 37.386501,
        "volume": 7072139,
        "typical_volume": 8732686.55,
        "trend": 35.583572,
        "fair_value": 28.781776,
        "relative_strength": -1.277973,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.929497,
        "energy": 15.018877,
        "activity_lines": [
          41.050199,
          41.772886,
          41.573042,
          38.987537
        ]
      },
      {
        "date": "2024-08-16",
        "close": 42.679798,
        "volume": 14069643,
        "typical_volume": 9401317.45,
        "trend": 36.084873,
        "fair_value": 28.895309,
        "relative_strength": 8.261564,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.913139,
        "energy": 15.215908,
        "activity_lines": [
          41.368283,
          41.729611,
          41.903746,
          39.445358
        ]
      },
      {
        "date": "2024-08-23",
        "close": 38.845284,
        "volume": 8233851,
        "typical_volume": 9790672.05,
        "trend": 36.406256,
        "fair_value": 28.984783,
        "relative_strength": -0.483045,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.55276,
        "energy": 12.069307,
        "activity_lines": [
          40.376311,
          41.116567,
          41.797643,
          39.623449
        ]
      },
      {
        "date": "2024-08-30",
        "close": 42.429718,
        "volume": 4661463,
        "typical_volume": 9959123.1,
        "trend": 36.882768,
        "fair_value": 29.100351,
        "relative_strength": 8.168358,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.281979,
        "energy": 13.690773,
        "activity_lines": [
          40.840342,
          41.28955,
          41.979953,
          40.012059
        ]
      },
      {
        "date": "2024-09-06",
        "close": 38.303452,
        "volume": 4585422,
        "typical_volume": 10144573.7,
        "trend": 37.221738,
        "fair_value": 29.186351,
        "relative_strength": 1.531027,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.662911,
        "energy": 6.307451,
        "activity_lines": [
          40.034539,
          40.712642,
          41.709046,
          40.103716
        ]
      },
      {
        "date": "2024-09-13",
        "close": 41.054298,
        "volume": 7678145,
        "typical_volume": 10457121.55,
        "trend": 37.660629,
        "fair_value": 29.285308,
        "relative_strength": 7.222365,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.01237,
        "energy": 9.343778,
        "activity_lines": [
          40.409655,
          40.699283,
          41.650525,
          40.350978
        ]
      },
      {
        "date": "2024-09-20",
        "close": 37.219784,
        "volume": 6844208,
        "typical_volume": 9846145.1,
        "trend": 37.934684,
        "fair_value": 29.361503,
        "relative_strength": -4.310273,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.232014,
        "energy": 7.236138,
        "activity_lines": [
          39.262079,
          39.976693,
          41.177237,
          40.322537
        ]
      },
      {
        "date": "2024-09-27",
        "close": 37.594898,
        "volume": 4684516,
        "typical_volume": 8139761.25,
        "trend": 38.226727,
        "fair_value": 29.439323,
        "relative_strength": -5.843715,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -0.196839,
        "energy": 13.95086,
        "activity_lines": [
          38.603543,
          39.412883,
          40.743614,
          40.300615
        ]
      },
      {
        "date": "2024-10-04",
        "close": 39.595516,
        "volume": 3872040,
        "typical_volume": 7501498.8,
        "trend": 38.574489,
        "fair_value": 29.52789,
        "relative_strength": 1.598669,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 7.317076,
        "energy": 13.395734,
        "activity_lines": [
          38.695238,
          39.30679,
          40.524421,
          40.388924
        ]
      },
      {
        "date": "2024-10-11",
        "close": 36.636272,
        "volume": 4579464,
        "typical_volume": 6957629.7,
        "trend": 38.868855,
        "fair_value": 29.597226,
        "relative_strength": -8.217059,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -32.488856,
        "energy": 34.477077,
        "activity_lines": [
          37.989466,
          38.74298,
          40.042856,
          40.263878
        ]
      },
      {
        "date": "2024-10-18",
        "close": 35.761002,
        "volume": 2833972,
        "typical_volume": 6683290.7,
        "trend": 39.142271,
        "fair_value": 29.662512,
        "relative_strength": -12.320738,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.007645,
        "energy": 38.115998,
        "activity_lines": [
          37.103082,
          38.122335,
          39.502083,
          40.063371
        ]
      },
      {
        "date": "2024-10-25",
        "close": 35.427563,
        "volume": 3253382,
        "typical_volume": 6037286.1,
        "trend": 39.401831,
        "fair_value": 29.726439,
        "relative_strength": -12.255689,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.545978,
        "energy": 43.030244,
        "activity_lines": [
          36.458438,
          37.470618,
          38.974717,
          39.823713
        ]
      },
      {
        "date": "2024-11-01",
        "close": 37.094746,
        "volume": 2947517,
        "typical_volume": 5799664.55,
        "trend": 39.714221,
        "fair_value": 29.802092,
        "relative_strength": -5.550371,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.410678,
        "energy": 51.017478,
        "activity_lines": [
          36.489003,
          37.253885,
          38.674035,
          39.674868
        ]
      },
      {
        "date": "2024-11-08",
        "close": 35.260845,
        "volume": 8161229,
        "typical_volume": 5896672.55,
        "trend": 39.896928,
        "fair_value": 29.86599,
        "relative_strength": -12.802849,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.05702,
        "energy": 55.54006,
        "activity_lines": [
          35.941612,
          36.735543,
          38.242209,
          39.387554
        ]
      },
      {
        "date": "2024-11-15",
        "close": 40.137348,
        "volume": 12920878,
        "typical_volume": 6274888.75,
        "trend": 40.305254,
        "fair_value": 29.961148,
        "relative_strength": 2.933067,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.771792,
        "energy": 22.919368,
        "activity_lines": [
          37.308699,
          37.234182,
          38.309038,
          39.403065
        ]
      },
      {
        "date": "2024-11-22",
        "close": 45.680717,
        "volume": 19033197,
        "typical_volume": 7007068.6,
        "trend": 40.806497,
        "fair_value": 30.088721,
        "relative_strength": 16.123808,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 1.697073,
        "energy": 13.804002,
        "activity_lines": [
          40.290171,
          38.707362,
          38.911678,
          39.749869
        ]
      },
      {
        "date": "2024-11-29",
        "close": 45.680717,
        "volume": 10842959,
        "typical_volume": 7166427.95,
        "trend": 41.060948,
        "fair_value": 30.206422,
        "relative_strength": 19.141452,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 33.812705,
        "energy": 39.133474,
        "activity_lines": [
          42.610329,
          40.096425,
          39.489132,
          40.064335
        ]
      },
      {
        "date": "2024-12-06",
        "close": 48.348206,
        "volume": 11767052,
        "typical_volume": 7340273.75,
        "trend": 41.252126,
        "fair_value": 30.337324,
        "relative_strength": 20.665092,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 44.309536,
        "energy": 64.2074,
        "activity_lines": [
          45.136106,
          41.816651,
          40.304065,
          40.53448
        ]
      },
      {
        "date": "2024-12-13",
        "close": 35.094128,
        "volume": 15426921,
        "typical_volume": 7920590.9,
        "trend": 40.965854,
        "fair_value": 30.387162,
        "relative_strength": -11.515785,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -4.12166,
        "energy": 24.412229,
        "activity_lines": [
          42.493626,
          40.93153,
          39.83011,
          40.13719
        ]
      },
      {
        "date": "2024-12-20",
        "close": 34.135502,
        "volume": 6782542,
        "typical_volume": 8012527.0,
        "trend": 40.713439,
        "fair_value": 30.430595,
        "relative_strength": -11.790349,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -45.410965,
        "energy": 18.788209,
        "activity_lines": [
          39.542719,
          39.953957,
          39.30733,
          39.696522
        ]
      },
      {
        "date": "2024-12-27",
        "close": 32.885117,
        "volume": 3108372,
        "typical_volume": 7814338.65,
        "trend": 40.301433,
        "fair_value": 30.465233,
        "relative_strength": -17.559858,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -57.755877,
        "energy": 40.263125,
        "activity_lines": [
          36.57514,
          38.79451,
          38.704168,
          39.191469
        ]
      },
      {
        "date": "2025-01-03",
        "close": 32.426643,
        "volume": 3684227,
        "typical_volume": 7295067.85,
        "trend": 39.726068,
        "fair_value": 30.497971,
        "relative_strength": -17.108327,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.930301,
        "energy": 55.695425,
        "activity_lines": [
          34.307777,
          37.603992,
          38.078777,
          38.683418
        ]
      },
      {
        "date": "2025-01-10",
        "close": 30.676104,
        "volume": 2855887,
        "typical_volume": 7026169.65,
        "trend": 39.207522,
        "fair_value": 30.51585,
        "relative_strength": -21.655467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.06434,
        "energy": 79.472955,
        "activity_lines": [
          32.340505,
          36.149757,
          37.335493,
          38.099549
        ]
      },
      {
        "date": "2025-01-17",
        "close": 31.926487,
        "volume": 2345748,
        "typical_volume": 6910383.9,
        "trend": 38.856794,
        "fair_value": 30.545383,
        "relative_strength": -18.772966,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.052311,
        "energy": 76.562501,
        "activity_lines": [
          31.968168,
          35.039567,
          36.750194,
          37.629805
        ]
      },
      {
        "date": "2025-01-24",
        "close": 32.218246,
        "volume": 650154,
        "typical_volume": 6713620.5,
        "trend": 38.537728,
        "fair_value": 30.580163,
        "relative_strength": -19.11329,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.708489,
        "energy": 71.375895,
        "activity_lines": [
          31.90426,
          34.043049,
          36.242697,
          37.201512
        ]
      },
      {
        "date": "2025-02-07",
        "close": 33.135193,
        "volume": 2685373,
        "typical_volume": 6463981.9,
        "trend": 38.295844,
        "fair_value": 30.626277,
        "relative_strength": -16.505233,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.543059,
        "energy": 50.670287,
        "activity_lines": [
          32.273817,
          33.357231,
          35.851505,
          36.852961
        ]
      },
      {
        "date": "2025-02-14",
        "close": 35.17749,
        "volume": 4079304,
        "typical_volume": 6325736.7,
        "trend": 38.061709,
        "fair_value": 30.691979,
        "relative_strength": -10.076039,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.501929,
        "energy": 32.29676,
        "activity_lines": [
          33.307469,
          33.270842,
          35.692528,
          36.651777
        ]
      },
      {
        "date": "2025-02-21",
        "close": 36.094437,
        "volume": 2233032,
        "typical_volume": 6203162.5,
        "trend": 37.839419,
        "fair_value": 30.758363,
        "relative_strength": -10.000862,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.450366,
        "energy": 23.291057,
        "activity_lines": [
          34.46338,
          33.542137,
          35.630604,
          36.524856
        ]
      },
      {
        "date": "2025-02-28",
        "close": 36.51123,
        "volume": 3732778,
        "typical_volume": 6196199.4,
        "trend": 37.589342,
        "fair_value": 30.827677,
        "relative_strength": -6.339633,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.500232,
        "energy": 21.554342,
        "activity_lines": [
          35.397,
          34.112009,
          35.61552,
          36.439167
        ]
      },
      {
        "date": "2025-03-07",
        "close": 36.011078,
        "volume": 2427332,
        "typical_volume": 6088592.8,
        "trend": 37.380944,
        "fair_value": 30.895345,
        "relative_strength": -5.74801,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.402582,
        "energy": 22.854065,
        "activity_lines": [
          35.858253,
          34.565179,
          35.567489,
          36.337343
        ]
      },
      {
        "date": "2025-03-14",
        "close": 29.175642,
        "volume": 8495290,
        "typical_volume": 6371658.7,
        "trend": 37.107249,
        "fair_value": 30.916078,
        "relative_strength": -21.394657,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.742708,
        "energy": 27.366599,
        "activity_lines": [
          33.788172,
          33.74144,
          34.871442,
          35.807969
        ]
      },
      {
        "date": "2025-03-21",
        "close": 28.633806,
        "volume": 3785737,
        "typical_volume": 6398276.45,
        "trend": 36.639049,
        "fair_value": 30.935936,
        "relative_strength": -23.584448,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.753425,
        "energy": 72.824368,
        "activity_lines": [
          31.801449,
          32.886631,
          34.15515,
          35.261295
        ]
      },
      {
        "date": "2025-03-28",
        "close": 26.841591,
        "volume": 3450404,
        "typical_volume": 6423420.8,
        "trend": 36.238926,
        "fair_value": 30.944825,
        "relative_strength": -26.256497,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.239386,
        "energy": 89.517143,
        "activity_lines": [
          29.653566,
          31.774926,
          33.300522,
          34.629201
        ]
      },
      {
        "date": "2025-04-04",
        "close": 26.049681,
        "volume": 2275424,
        "typical_volume": 6129130.55,
        "trend": 35.692925,
        "fair_value": 30.948897,
        "relative_strength": -27.293122,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.110097,
        "energy": 92.690021,
        "activity_lines": [
          27.85857,
          30.588955,
          32.419298,
          33.97183
        ]
      },
      {
        "date": "2025-04-11",
        "close": 21.548296,
        "volume": 5114705,
        "typical_volume": 5738821.9,
        "trend": 35.134419,
        "fair_value": 30.924374,
        "relative_strength": -34.212123,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -91.968818,
        "energy": 96.57112,
        "activity_lines": [
          25.260549,
          28.691402,
          31.153234,
          33.059274
        ]
      },
      {
        "date": "2025-04-18",
        "close": 21.631655,
        "volume": 1985684,
        "typical_volume": 4886446.25,
        "trend": 34.486998,
        "fair_value": 30.898567,
        "relative_strength": -33.256747,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.904639,
        "energy": 94.628178,
        "activity_lines": [
          23.654499,
          27.003004,
          29.983629,
          32.188128
        ]
      },
      {
        "date": "2025-04-25",
        "close": 21.17318,
        "volume": 1360270,
        "typical_volume": 4412311.8,
        "trend": 33.952111,
        "fair_value": 30.864105,
        "relative_strength": -35.97447,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.419815,
        "energy": 92.644607,
        "activity_lines": [
          22.398557,
          25.440402,
          28.884878,
          31.329172
        ]
      },
      {
        "date": "2025-05-02",
        "close": 22.340204,
        "volume": 960021,
        "typical_volume": 3871960.25,
        "trend": 33.443621,
        "fair_value": 30.834005,
        "relative_strength": -35.082406,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.316922,
        "energy": 86.569449,
        "activity_lines": [
          22.028999,
          24.34461,
          28.013975,
          30.580016
        ]
      },
      {
        "date": "2025-05-09",
        "close": 22.673643,
        "volume": 2581197,
        "typical_volume": 3229674.05,
        "trend": 32.879559,
        "fair_value": 30.809941,
        "relative_strength": -33.910319,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.545815,
        "energy": 72.780939,
        "activity_lines": [
          22.070678,
          23.55952,
          27.298676,
          29.885179
        ]
      },
      {
        "date": "2025-05-16",
        "close": 22.965399,
        "volume": 1882021,
        "typical_volume": 2984648.0,
        "trend": 32.423863,
        "fair_value": 30.787227,
        "relative_strength": -35.14052,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.524211,
        "energy": 64.75211,
        "activity_lines": [
          22.43468,
          23.07907,
          26.670308,
          29.245556
        ]
      },
      {
        "date": "2025-05-23",
        "close": 23.048756,
        "volume": 1224109,
        "typical_volume": 2890434.85,
        "trend": 32.000122,
        "fair_value": 30.766866,
        "relative_strength": -33.548802,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.39338,
        "energy": 60.114506,
        "activity_lines": [
          22.731993,
          22.850969,
          26.10307,
          28.64071
        ]
      },
      {
        "date": "2025-05-30",
        "close": 22.173487,
        "volume": 690508,
        "typical_volume": 2740748.9,
        "trend": 31.558319,
        "fair_value": 30.741414,
        "relative_strength": -34.454582,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.723993,
        "energy": 56.412078,
        "activity_lines": [
          22.643076,
          22.575126,
          25.499312,
          28.006734
        ]
      },
      {
        "date": "2025-06-06",
        "close": 22.381886,
        "volume": 949663,
        "typical_volume": 2645437.7,
        "trend": 31.06789,
        "fair_value": 30.716778,
        "relative_strength": -33.910662,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.483942,
        "energy": 52.85591,
        "activity_lines": [
          22.556939,
          22.454635,
          24.964227,
          27.414706
        ]
      },
      {
        "date": "2025-06-13",
        "close": 21.089821,
        "volume": 2071171,
        "typical_volume": 2631708.85,
        "trend": 30.595523,
        "fair_value": 30.68438,
        "relative_strength": -37.882282,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.288389,
        "energy": 65.767072,
        "activity_lines": [
          22.037335,
          22.180308,
          24.345585,
          26.770959
        ]
      },
      {
        "date": "2025-06-20",
        "close": 20.464628,
        "volume": 935210,
        "typical_volume": 2645961.65,
        "trend": 29.939766,
        "fair_value": 30.646155,
        "relative_strength": -38.787532,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.169615,
        "energy": 75.329151,
        "activity_lines": [
          21.414921,
          21.882489,
          23.719003,
          26.117353
        ]
      },
      {
        "date": "2025-06-27",
        "close": 20.964783,
        "volume": 1083525,
        "typical_volume": 2565869.25,
        "trend": 29.115901,
        "fair_value": 30.610356,
        "relative_strength": -38.071004,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.976774,
        "energy": 75.530271,
        "activity_lines": [
          21.125943,
          21.69531,
          23.196025,
          25.538322
        ]
      },
      {
        "date": "2025-07-04",
        "close": 20.839745,
        "volume": 966495,
        "typical_volume": 2410228.8,
        "trend": 28.287869,
        "fair_value": 30.572977,
        "relative_strength": -37.639368,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.467889,
        "energy": 77.726011,
        "activity_lines": [
          20.934218,
          21.497522,
          22.719092,
          25.004377
        ]
      },
      {
        "date": "2025-07-11",
        "close": 19.339283,
        "volume": 1680280,
        "typical_volume": 2382591.2,
        "trend": 27.320905,
        "fair_value": 30.533514,
        "relative_strength": -41.996317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.157618,
        "energy": 91.110512,
        "activity_lines": [
          20.331255,
          21.032986,
          22.167534,
          24.427048
        ]
      },
      {
        "date": "2025-07-18",
        "close": 19.214243,
        "volume": 3633314,
        "typical_volume": 2377618.0,
        "trend": 26.791575,
        "fair_value": 30.489353,
        "relative_strength": -43.226805,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.886475,
        "energy": 90.465924,
        "activity_lines": [
          19.889452,
          20.600276,
          21.683853,
          23.904038
        ]
      },
      {
        "date": "2025-07-25",
        "close": 18.894768,
        "volume": 2608361,
        "typical_volume": 2386669.45,
        "trend": 26.283551,
        "fair_value": 30.444197,
        "relative_strength": -43.326885,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.468477,
        "energy": 90.175497,
        "activity_lines": [
          19.466196,
          20.172379,
          21.252113,
          23.394567
        ]
      },
      {
        "date": "2025-08-01",
        "close": 18.575292,
        "volume": 784798,
        "typical_volume": 2001144.85,
        "trend": 25.806557,
        "fair_value": 30.396469,
        "relative_strength": -43.540623,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.877291,
        "energy": 90.614605,
        "activity_lines": [
          19.041105,
          19.760407,
          20.871453,
          22.89726
        ]
      },
      {
        "date": "2025-08-08",
        "close": 19.122967,
        "volume": 1595019,
        "typical_volume": 1891608.95,
        "trend": 25.363101,
        "fair_value": 30.351465,
        "relative_strength": -42.382828,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.750486,
        "energy": 67.124546,
        "activity_lines": [
          18.957872,
          19.529347,
          20.59343,
          22.46606
        ]
      },
      {
        "date": "2025-08-15",
        "close": 20.674709,
        "volume": 3476478,
        "typical_volume": 1892912.65,
        "trend": 25.029721,
        "fair_value": 30.318244,
        "relative_strength": -37.7364,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.993981,
        "energy": 60.77682,
        "activity_lines": [
          19.506338,
          19.635887,
          20.508481,
          22.163583
        ]
      },
      {
        "date": "2025-08-22",
        "close": 19.168606,
        "volume": 1506344,
        "typical_volume": 1854458.65,
        "trend": 24.604458,
        "fair_value": 30.275368,
        "relative_strength": -39.954044,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.479802,
        "energy": 55.76133,
        "activity_lines": [
          19.463741,
          19.499629,
          20.309461,
          21.785447
        ]
      },
      {
        "date": "2025-08-29",
        "close": 18.438374,
        "volume": 2091650,
        "typical_volume": 1703305.9,
        "trend": 24.145129,
        "fair_value": 30.223615,
        "relative_strength": -42.542301,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.814289,
        "energy": 54.912677,
        "activity_lines": [
          19.180776,
          19.265533,
          20.073662,
          21.387635
        ]
      },
      {
        "date": "2025-09-05",
        "close": 18.849129,
        "volume": 1831241,
        "typical_volume": 1695583.75,
        "trend": 23.668927,
        "fair_value": 30.163218,
        "relative_strength": -40.914693,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.63223,
        "energy": 48.290959,
        "activity_lines": [
          19.065156,
          19.142961,
          19.891791,
          21.045958
        ]
      },
      {
        "date": "2025-09-12",
        "close": 18.347094,
        "volume": 1424300,
        "typical_volume": 1698785.25,
        "trend": 23.107914,
        "fair_value": 30.089899,
        "relative_strength": -43.816023,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.171532,
        "energy": 56.206104,
        "activity_lines": [
          18.763935,
          18.967576,
          19.675357,
          20.702614
        ]
      },
      {
        "date": "2025-09-19",
        "close": 18.529652,
        "volume": 1051464,
        "typical_volume": 1703357.4,
        "trend": 22.522421,
        "fair_value": 30.017225,
        "relative_strength": -42.484204,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.475302,
        "energy": 54.243396,
        "activity_lines": [
          18.575292,
          18.870704,
          19.489768,
          20.407242
        ]
      },
      {
        "date": "2025-09-26",
        "close": 17.799419,
        "volume": 1162235,
        "typical_volume": 1632409.3,
        "trend": 21.898694,
        "fair_value": 29.947476,
        "relative_strength": -43.912556,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.619885,
        "energy": 58.021231,
        "activity_lines": [
          18.286241,
          18.655783,
          19.252778,
          20.102532
        ]
      },
      {
        "date": "2025-10-03",
        "close": 17.799419,
        "volume": 578772,
        "typical_volume": 1567246.85,
        "trend": 21.291639,
        "fair_value": 29.865926,
        "relative_strength": -45.5584,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.170144,
        "energy": 57.590966,
        "activity_lines": [
          18.08847,
          18.466586,
          19.038999,
          19.838063
        ]
      },
      {
        "date": "2025-10-10",
        "close": 17.75378,
        "volume": 821010,
        "typical_volume": 1547091.9,
        "trend": 20.91091,
        "fair_value": 29.80585,
        "relative_strength": -45.814112,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.917094,
        "energy": 57.426347,
        "activity_lines": [
          17.918082,
          18.289007,
          18.845473,
          19.609814
        ]
      },
      {
        "date": "2025-10-17",
        "close": 17.160465,
        "volume": 1757054,
        "typical_volume": 1600419.2,
        "trend": 20.528465,
        "fair_value": 29.749053,
        "relative_strength": -46.797839,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.351048,
        "energy": 62.313679,
        "activity_lines": [
          17.622946,
          18.018489,
          18.620655,
          19.36785
        ]
      },
      {
        "date": "2025-10-24",
        "close": 17.069187,
        "volume": 662534,
        "typical_volume": 1586062.75,
        "trend": 20.202718,
        "fair_value": 29.706882,
        "relative_strength": -46.740181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.948286,
        "energy": 65.721648,
        "activity_lines": [
          17.376493,
          17.767057,
          18.411015,
          19.14467
        ]
      },
      {
        "date": "2025-10-31",
        "close": 16.65843,
        "volume": 623911,
        "typical_volume": 1513699.75,
        "trend": 19.889677,
        "fair_value": 29.668372,
        "relative_strength": -48.523957,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.873115,
        "energy": 70.096088,
        "activity_lines": [
          17.090485,
          17.506496,
          18.187554,
          18.916007
        ]
      },
      {
        "date": "2025-11-07",
        "close": 16.932266,
        "volume": 1231136,
        "typical_volume": 1528496.05,
        "trend": 19.735809,
        "fair_value": 29.62611,
        "relative_strength": -45.650143,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.207471,
        "energy": 64.727565,
        "activity_lines": [
          16.971821,
          17.341364,
          18.011275,
          18.725206
        ]
      },
      {
        "date": "2025-11-14",
        "close": 17.114826,
        "volume": 1128976,
        "typical_volume": 1530768.6,
        "trend": 19.585248,
        "fair_value": 29.574527,
        "relative_strength": -43.716995,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.684483,
        "energy": 64.052561,
        "activity_lines": [
          16.971822,
          17.236808,
          17.869203,
          18.55611
        ]
      },
      {
        "date": "2025-11-21",
        "close": 15.973838,
        "volume": 1032188,
        "typical_volume": 1534053.25,
        "trend": 19.411937,
        "fair_value": 29.50855,
        "relative_strength": -44.439164,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.573742,
        "energy": 74.43633,
        "activity_lines": [
          16.634089,
          16.956332,
          17.636799,
          18.323116
        ]
      },
      {
        "date": "2025-11-28",
        "close": 16.704069,
        "volume": 570016,
        "typical_volume": 1478540.05,
        "trend": 19.224065,
        "fair_value": 29.451187,
        "relative_strength": -43.004537,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.85168,
        "energy": 56.206578,
        "activity_lines": [
          16.618876,
          16.851776,
          17.497111,
          18.148415
        ]
      },
      {
        "date": "2025-12-05",
        "close": 16.475872,
        "volume": 421033,
        "typical_volume": 1317926.0,
        "trend": 19.017473,
        "fair_value": 29.393935,
        "relative_strength": -42.982993,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.487395,
        "energy": 60.27002,
        "activity_lines": [
          16.551938,
          16.738922,
          17.348239,
          17.971112
        ]
      },
      {
        "date": "2025-12-12",
        "close": 16.384594,
        "volume": 449780,
        "typical_volume": 1209996.95,
        "trend": 18.798113,
        "fair_value": 29.337409,
        "relative_strength": -42.114819,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.084533,
        "energy": 58.122041,
        "activity_lines": [
          16.466744,
          16.633536,
          17.203714,
          17.801249
        ]
      },
      {
        "date": "2025-12-19",
        "close": 16.612791,
        "volume": 435171,
        "typical_volume": 1192515.6,
        "trend": 18.583581,
        "fair_value": 29.28733,
        "relative_strength": -39.167927,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.76904,
        "energy": 49.836799,
        "activity_lines": [
          16.494128,
          16.595365,
          17.092875,
          17.66026
        ]
      },
      {
        "date": "2025-12-26",
        "close": 16.704069,
        "volume": 332231,
        "typical_volume": 1129376.2,
        "trend": 18.401267,
        "fair_value": 29.235737,
        "relative_strength": -39.577379,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.314842,
        "energy": 45.779574,
        "activity_lines": [
          16.585407,
          16.594535,
          17.000075,
          17.539002
        ]
      },
      {
        "date": "2026-01-02",
        "close": 16.704069,
        "volume": 405419,
        "typical_volume": 975823.25,
        "trend": 18.212006,
        "fair_value": 29.185455,
        "relative_strength": -40.209487,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.478971,
        "energy": 36.687609,
        "activity_lines": [
          16.628004,
          16.602003,
          16.918793,
          17.429505
        ]
      },
      {
        "date": "2026-01-09",
        "close": 16.567152,
        "volume": 708643,
        "typical_volume": 935938.2,
        "trend": 18.061251,
        "fair_value": 29.130624,
        "relative_strength": -41.511986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.425149,
        "energy": 32.820812,
        "activity_lines": [
          16.624961,
          16.591216,
          16.843379,
          17.323385
        ]
      },
      {
        "date": "2026-01-16",
        "close": 16.521513,
        "volume": 1037631,
        "typical_volume": 883237.25,
        "trend": 17.929813,
        "fair_value": 29.071567,
        "relative_strength": -42.803278,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.58789,
        "energy": 33.448251,
        "activity_lines": [
          16.600621,
          16.57379,
          16.776007,
          17.224047
        ]
      },
      {
        "date": "2026-01-23",
        "close": 15.928199,
        "volume": 2024938,
        "typical_volume": 892922.1,
        "trend": 17.761927,
        "fair_value": 29.009755,
        "relative_strength": -44.794188,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.63881,
        "energy": 46.387347,
        "activity_lines": [
          16.369381,
          16.455957,
          16.661256,
          17.094911
        ]
      },
      {
        "date": "2026-01-30",
        "close": 15.517442,
        "volume": 1114360,
        "typical_volume": 877425.1,
        "trend": 17.584517,
        "fair_value": 28.944524,
        "relative_strength": -45.35852,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.284652,
        "energy": 65.647395,
        "activity_lines": [
          16.046861,
          16.285016,
          16.521295,
          16.950105
        ]
      },
      {
        "date": "2026-02-06",
        "close": 15.152327,
        "volume": 816728,
        "typical_volume": 865688.3,
        "trend": 17.444952,
        "fair_value": 28.870395,
        "relative_strength": -45.057867,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.622643,
        "energy": 86.993888,
        "activity_lines": [
          15.681745,
          16.055989,
          16.360035,
          16.79319
        ]
      },
      {
        "date": "2026-02-13",
        "close": 14.83285,
        "volume": 511353,
        "typical_volume": 833144.2,
        "trend": 17.298906,
        "fair_value": 28.801037,
        "relative_strength": -47.888549,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.940075,
        "energy": 93.900402,
        "activity_lines": [
          15.313586,
          15.797089,
          16.184432,
          16.624667
        ]
      },
      {
        "date": "2026-02-27",
        "close": 14.74157,
        "volume": 1358956,
        "typical_volume": 872153.4,
        "trend": 17.160466,
        "fair_value": 28.730045,
        "relative_strength": -49.589956,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.248104,
        "energy": 93.010221,
        "activity_lines": [
          15.030621,
          15.551465,
          16.014261,
          16.459678
        ]
      },
      {
        "date": "2026-03-06",
        "close": 14.102616,
        "volume": 1155874,
        "typical_volume": 888896.6,
        "trend": 17.011376,
        "fair_value": 28.650499,
        "relative_strength": -47.753548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.614071,
        "energy": 96.175971,
        "activity_lines": [
          14.653334,
          15.219541,
          15.797799,
          16.262397
        ]
      },
      {
        "date": "2026-03-13",
        "close": 14.969768,
        "volume": 1817432,
        "typical_volume": 891915.5,
        "trend": 16.872936,
        "fair_value": 28.576249,
        "relative_strength": -42.635264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.256647,
        "energy": 79.779712,
        "activity_lines": [
          14.686803,
          15.09092,
          15.68131,
          16.130681
        ]
      },
      {
        "date": "2026-03-20",
        "close": 15.791279,
        "volume": 2061407,
        "typical_volume": 961859.15,
        "trend": 16.710155,
        "fair_value": 28.50779,
        "relative_strength": -38.447291,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.573824,
        "energy": 53.320107,
        "activity_lines": [
          15.03062,
          15.143198,
          15.653492,
          16.060896
        ]
      },
      {
        "date": "2026-03-27",
        "close": 15.380524,
        "volume": 1181040,
        "typical_volume": 989715.6,
        "trend": 16.583886,
        "fair_value": 28.44037,
        "relative_strength": -37.981311,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.284635,
        "energy": 39.68611,
        "activity_lines": [
          15.194923,
          15.137389,
          15.592639,
          15.975114
        ]
      },
      {
        "date": "2026-04-03",
        "close": 14.969768,
        "volume": 1031247,
        "typical_volume": 979721.15,
        "trend": 16.468266,
        "fair_value": 28.370054,
        "relative_strength": -37.377703,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.946349,
        "energy": 29.4797,
        "activity_lines": [
          15.185795,
          15.078473,
          15.498752,
          15.870977
        ]
      },
      {
        "date": "2026-04-10",
        "close": 14.969768,
        "volume": 440639,
        "typical_volume": 945304.3,
        "trend": 16.338954,
        "fair_value": 28.301049,
        "relative_strength": -41.174848,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.63446,
        "energy": 26.716187,
        "activity_lines": [
          15.161454,
          15.04777,
          15.41421,
          15.7743
        ]
      },
      {
        "date": "2026-04-17",
        "close": 15.106686,
        "volume": 729400,
        "typical_volume": 930164.9,
        "trend": 16.23094,
        "fair_value": 28.232398,
        "relative_strength": -41.793629,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.019992,
        "energy": 29.25365,
        "activity_lines": [
          15.124942,
          15.059387,
          15.352923,
          15.694798
        ]
      },
      {
        "date": "2026-04-24",
        "close": 14.604651,
        "volume": 1256344,
        "typical_volume": 964481.3,
        "trend": 16.100107,
        "fair_value": 28.158955,
        "relative_strength": -45.707912,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.971312,
        "energy": 41.100605,
        "activity_lines": [
          14.911958,
          14.987194,
          15.247952,
          15.589877
        ]
      },
      {
        "date": "2026-05-01",
        "close": 14.422093,
        "volume": 628181,
        "typical_volume": 974838.7,
        "trend": 15.987529,
        "fair_value": 28.085653,
        "relative_strength": -45.321011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.509546,
        "energy": 46.421663,
        "activity_lines": [
          14.717229,
          14.891766,
          15.135591,
          15.481618
        ]
      },
      {
        "date": "2026-05-08",
        "close": 14.422093,
        "volume": 739007,
        "typical_volume": 989300.05,
        "trend": 15.874952,
        "fair_value": 28.015498,
        "relative_strength": -47.760319,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.924782,
        "energy": 53.154699,
        "activity_lines": [
          14.586395,
          14.803806,
          15.033011,
          15.380622
        ]
      },
      {
        "date": "2026-05-15",
        "close": 13.78314,
        "volume": 1765633,
        "typical_volume": 1055823.15,
        "trend": 15.742597,
        "fair_value": 27.944657,
        "relative_strength": -48.43157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.176309,
        "energy": 73.202,
        "activity_lines": [
          14.279089,
          14.605481,
          14.878923,
          15.245666
        ]
      },
      {
        "date": "2026-05-22",
        "close": 14.330814,
        "volume": 622965,
        "typical_volume": 1070359.85,
        "trend": 15.648275,
        "fair_value": 27.878113,
        "relative_strength": -46.646475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.601753,
        "energy": 62.684256,
        "activity_lines": [
          14.23345,
          14.512542,
          14.79047,
          15.154583
        ]
      },
      {
        "date": "2026-05-29",
        "close": 14.422093,
        "volume": 1264867,
        "typical_volume": 1113332.25,
        "trend": 15.560039,
        "fair_value": 27.80586,
        "relative_strength": -48.099832,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.715839,
        "energy": 44.986326,
        "activity_lines": [
          14.269961,
          14.447817,
          14.72201,
          15.075475
        ]
      },
      {
        "date": "2026-06-05",
        "close": 15.152327,
        "volume": 1931460,
        "typical_volume": 1174473.1,
        "trend": 15.509836,
        "fair_value": 27.737239,
        "relative_strength": -44.677743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.906109,
        "energy": 27.941449,
        "activity_lines": [
          14.562055,
          14.540756,
          14.733964,
          15.049171
        ]
      },
      {
        "date": "2026-06-12",
        "close": 15.334884,
        "volume": 1618988,
        "typical_volume": 1203540.95,
        "trend": 15.456589,
        "fair_value": 27.67005,
        "relative_strength": -41.599955,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.580136,
        "energy": 14.964937,
        "activity_lines": [
          14.866318,
          14.671036,
          14.77004,
          15.037884
        ]
      },
      {
        "date": "2026-06-19",
        "close": 15.243606,
        "volume": 1217183,
        "typical_volume": 1163153.2,
        "trend": 15.394215,
        "fair_value": 27.60385,
        "relative_strength": -43.673183,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.566689,
        "energy": 19.438515,
        "activity_lines": [
          15.079303,
          14.778082,
          14.803075,
          15.024143
        ]
      },
      {
        "date": "2026-06-26",
        "close": 15.015408,
        "volume": 1591286,
        "typical_volume": 1186999.5,
        "trend": 15.362268,
        "fair_value": 27.537761,
        "relative_strength": -41.007482,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.617271,
        "energy": 19.476729,
        "activity_lines": [
          15.118858,
          14.838658,
          14.817636,
          14.999704
        ]
      },
      {
        "date": "2026-07-03",
        "close": 16.156397,
        "volume": 3557759,
        "typical_volume": 1324051.05,
        "trend": 15.344012,
        "fair_value": 27.452234,
        "relative_strength": -38.310553,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 39.531697,
        "energy": 41.775954,
        "activity_lines": [
          15.493102,
          15.108347,
          14.943254,
          15.050938
        ]
      },
      {
        "date": "2026-07-10",
        "close": 15.0,
        "volume": 0,
        "typical_volume": 1298483.4,
        "trend": 15.294816,
        "fair_value": 27.349592,
        "relative_strength": -39.695732,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.428798,
        "energy": 21.853735,
        "activity_lines": [
          15.366261,
          15.139567,
          14.953957,
          15.028743
        ]
      },
      {
        "date": "2026-07-17",
        "close": 14.0,
        "volume": 1852544,
        "typical_volume": 1323162.8,
        "trend": 15.21533,
        "fair_value": 27.251816,
        "relative_strength": -39.061341,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.712658,
        "energy": 17.116002,
        "activity_lines": [
          14.916241,
          14.978463,
          14.868626,
          14.945207
        ]
      },
      {
        "date": "2026-07-24",
        "close": 14.05,
        "volume": 858260,
        "typical_volume": 1308282.1,
        "trend": 15.129904,
        "fair_value": 27.145711,
        "relative_strength": -39.134857,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.406808,
        "energy": 27.262612,
        "activity_lines": [
          14.57188,
          14.834123,
          14.791588,
          14.870024
        ]
      },
      {
        "date": "2026-07-31",
        "close": 13.7,
        "volume": 1545362,
        "typical_volume": 1294678.6,
        "trend": 15.029768,
        "fair_value": 27.043691,
        "relative_strength": -38.822193,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -67.289694,
        "energy": 47.432598,
        "activity_lines": [
          14.190426,
          14.621295,
          14.681468,
          14.777772
        ]
      },
      {
        "date": "2026-08-07",
        "close": 13.85,
        "volume": 911003,
        "typical_volume": 1237158.4,
        "trend": 14.934632,
        "fair_value": 26.934987,
        "relative_strength": -38.609273,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.791021,
        "energy": 62.32444,
        "activity_lines": [
          13.946667,
          14.44721,
          14.59168,
          14.701658
        ]
      },
      {
        "date": "2026-08-14",
        "close": 13.95,
        "volume": 842378,
        "typical_volume": 1220225.3,
        "trend": 14.847394,
        "fair_value": 26.825077,
        "relative_strength": -39.178404,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.135732,
        "energy": 65.709158,
        "activity_lines": [
          13.89,
          14.301707,
          14.520659,
          14.638134
        ]
      }
    ],
    "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."
    }
  }
}