{
  "ticker": {
    "uuid": "9bffed33-f1c6-4a61-a4b3-4c1963c3886c",
    "symbol": "MAANALU",
    "name": "Maan Aluminium Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -59.38,
    "architecture_energy": 53.177,
    "architecture_maturity": 22.223,
    "architecture_confidence": 90.992,
    "architecture_tenure": "Developing",
    "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": 18.37,
        "rotation_up": 18.21,
        "upward_expansion": 9.41,
        "deceleration": 44.4,
        "rotation_down": 56.6,
        "downward_expansion": 80.41
      },
      "activity_lines": [
        120.847335,
        122.05491,
        127.939858,
        130.728668
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 124.43,
    "trend_reference": 134.925001,
    "distance_from_trend": -0.077784,
    "trend_direction": "Weakening",
    "fair_value": 130.312757,
    "distance_from_fair_value": -0.045143,
    "fair_value_direction": "Weakening",
    "relative_strength": -6.568695,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.172067,
    "excess_performance": -0.128358,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.077784,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.065126,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.045143,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.223465,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.065687,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.226601,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.172067,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.764902,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 443330,
      "relative_activity": 0.836437,
      "balance": 0.764902,
      "dry_up": 0.67739,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.068039,
      "annualized_volatility": 0.314219,
      "from_high_reference": -0.326459,
      "from_low_reference": 0.2443
    },
    "levels": {
      "trend_reference": 134.925001,
      "fair_value_reference": 130.312757,
      "structural_low": 110.400002,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 13,
        "median_return": 0.118295,
        "positive_rate": 0.692308,
        "directional_follow_through": 0.307692,
        "median_excess_return": 0.093034,
        "regime_survival": 0.692308,
        "best_return": 0.517479,
        "worst_return": -0.232825,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.248195,
        "positive_rate": 0.8,
        "directional_follow_through": 0.2,
        "median_excess_return": 0.289287,
        "regime_survival": 0.2,
        "best_return": 0.543489,
        "worst_return": -0.277454,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.085096,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.067773,
        "regime_survival": 0.25,
        "best_return": 0.805982,
        "worst_return": -0.171834,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.272039,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.226556,
        "regime_survival": 0.0,
        "best_return": 0.616448,
        "worst_return": -0.072369,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-07",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.096445,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-16",
        "end": "2024-09-27",
        "tenure": "Developing",
        "return": 0.213115,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-04",
        "end": "2024-10-11",
        "tenure": "New",
        "return": 0.209728,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-18",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": -0.396013,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-22",
        "end": "2024-12-13",
        "tenure": "New",
        "return": -0.04948,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-12-20",
        "end": "2025-01-24",
        "tenure": "Developing",
        "return": -0.144596,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-31",
        "end": "2025-05-30",
        "tenure": "Established",
        "return": -0.027154,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-06",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": -0.038341,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-01",
        "end": "2025-10-17",
        "tenure": "Developing",
        "return": 0.098417,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-24",
        "end": "2026-01-16",
        "tenure": "Established",
        "return": 0.043404,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-23",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": -0.091454,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-20",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.057752,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-06-12",
        "tenure": "Developing",
        "return": -0.142354,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-19",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.021315,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 71.25,
        "volume": 42620,
        "typical_volume": 2008412.95,
        "trend": 60.988839,
        "fair_value": 35.159592,
        "relative_strength": 25.359808,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.153623,
        "energy": 41.011901,
        "activity_lines": [
          79.99,
          82.073182,
          75.0375,
          68.277828
        ]
      },
      {
        "date": "2023-08-25",
        "close": 64.449997,
        "volume": 149677,
        "typical_volume": 2003650.6,
        "trend": 61.359388,
        "fair_value": 35.513831,
        "relative_strength": 12.787838,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.849001,
        "energy": 26.211442,
        "activity_lines": [
          73.783332,
          78.736136,
          74.801131,
          68.501128
        ]
      },
      {
        "date": "2023-09-01",
        "close": 71.0,
        "volume": 156545,
        "typical_volume": 1997116.85,
        "trend": 61.896433,
        "fair_value": 35.913677,
        "relative_strength": 22.008088,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.66245,
        "energy": 30.268517,
        "activity_lines": [
          71.083332,
          76.917954,
          75.09869,
          69.123103
        ]
      },
      {
        "date": "2023-09-08",
        "close": 90.550003,
        "volume": 1168986,
        "typical_volume": 2026839.35,
        "trend": 63.203333,
        "fair_value": 36.441114,
        "relative_strength": 50.568892,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.444969,
        "energy": 34.274902,
        "activity_lines": [
          76.653334,
          78.847046,
          77.152084,
          70.97172
        ]
      },
      {
        "date": "2023-09-15",
        "close": 96.449997,
        "volume": 1247565,
        "typical_volume": 2073269.2,
        "trend": 64.704166,
        "fair_value": 37.005871,
        "relative_strength": 55.155375,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 78.640469,
        "energy": 49.979835,
        "activity_lines": [
          83.839999,
          81.728182,
          79.571845,
          73.116667
        ]
      },
      {
        "date": "2023-09-22",
        "close": 89.0,
        "volume": 209895,
        "typical_volume": 2019272.95,
        "trend": 66.094583,
        "fair_value": 37.527915,
        "relative_strength": 45.035365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.731988,
        "energy": 70.513857,
        "activity_lines": [
          87.26,
          83.018182,
          81.061726,
          74.68414
        ]
      },
      {
        "date": "2023-09-29",
        "close": 85.650002,
        "volume": 248326,
        "typical_volume": 2004653.65,
        "trend": 67.329583,
        "fair_value": 38.021209,
        "relative_strength": 38.127657,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.499577,
        "energy": 74.57606,
        "activity_lines": [
          88.38,
          83.558182,
          82.025357,
          75.94578
        ]
      },
      {
        "date": "2023-10-06",
        "close": 88.800003,
        "volume": 210653,
        "typical_volume": 1994686.7,
        "trend": 68.624583,
        "fair_value": 38.537082,
        "relative_strength": 41.267433,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.822838,
        "energy": 70.609188,
        "activity_lines": [
          89.136668,
          84.646364,
          83.099465,
          77.330968
        ]
      },
      {
        "date": "2023-10-13",
        "close": 92.300003,
        "volume": 340778,
        "typical_volume": 1988971.4,
        "trend": 70.1375,
        "fair_value": 39.077855,
        "relative_strength": 44.260713,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.051676,
        "energy": 53.135786,
        "activity_lines": [
          89.873335,
          86.525456,
          84.304167,
          78.858414
        ]
      },
      {
        "date": "2023-10-20",
        "close": 113.75,
        "volume": 908368,
        "typical_volume": 1904741.6,
        "trend": 72.470417,
        "fair_value": 39.75555,
        "relative_strength": 75.998444,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.003307,
        "energy": 69.743164,
        "activity_lines": [
          97.643335,
          92.177274,
          87.33506,
          81.672124
        ]
      },
      {
        "date": "2023-10-27",
        "close": 112.800003,
        "volume": 765009,
        "typical_volume": 657983.45,
        "trend": 74.779584,
        "fair_value": 40.426655,
        "relative_strength": 75.5988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.907778,
        "energy": 85.01735,
        "activity_lines": [
          103.943335,
          96.99182,
          89.98131,
          84.274033
        ]
      },
      {
        "date": "2023-11-03",
        "close": 128.550003,
        "volume": 2441370,
        "typical_volume": 669806.15,
        "trend": 77.545417,
        "fair_value": 41.192946,
        "relative_strength": 93.50942,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.092856,
        "energy": 93.049616,
        "activity_lines": [
          113.906669,
          103.914547,
          93.972799,
          87.743092
        ]
      },
      {
        "date": "2023-11-10",
        "close": 134.949997,
        "volume": 1342691,
        "typical_volume": 698448.5,
        "trend": 80.419584,
        "fair_value": 42.002304,
        "relative_strength": 96.242373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.172096,
        "energy": 94.421202,
        "activity_lines": [
          123.143334,
          110.835456,
          98.354465,
          91.446613
        ]
      },
      {
        "date": "2023-11-17",
        "close": 134.149994,
        "volume": 626521,
        "typical_volume": 687065.15,
        "trend": 83.241667,
        "fair_value": 42.804494,
        "relative_strength": 87.652062,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.631746,
        "energy": 91.073295,
        "activity_lines": [
          129.036665,
          116.448182,
          102.405893,
          94.913092
        ]
      },
      {
        "date": "2023-11-24",
        "close": 134.649994,
        "volume": 522039,
        "typical_volume": 684118.7,
        "trend": 86.0575,
        "fair_value": 43.600322,
        "relative_strength": 83.559691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.511281,
        "energy": 86.378759,
        "activity_lines": [
          132.306663,
          121.35909,
          106.265714,
          98.229758
        ]
      },
      {
        "date": "2023-12-01",
        "close": 132.850006,
        "volume": 286011,
        "typical_volume": 672215.45,
        "trend": 88.969583,
        "fair_value": 44.384847,
        "relative_strength": 73.1862,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.507193,
        "energy": 75.305893,
        "activity_lines": [
          133.583332,
          125.248182,
          109.710238,
          101.248629
        ]
      },
      {
        "date": "2023-12-08",
        "close": 128.800003,
        "volume": 483714,
        "typical_volume": 666741.75,
        "trend": 91.734584,
        "fair_value": 45.145284,
        "relative_strength": 59.285567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.364128,
        "energy": 64.369778,
        "activity_lines": [
          132.173334,
          127.603637,
          112.523334,
          103.818334
        ]
      },
      {
        "date": "2023-12-15",
        "close": 134.800003,
        "volume": 659546,
        "typical_volume": 601605.95,
        "trend": 94.687084,
        "fair_value": 45.940161,
        "relative_strength": 59.845581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.771432,
        "energy": 60.439722,
        "activity_lines": [
          132.746668,
          130.265455,
          115.695953,
          106.596748
        ]
      },
      {
        "date": "2023-12-22",
        "close": 130.449997,
        "volume": 370629,
        "typical_volume": 612926.65,
        "trend": 97.475417,
        "fair_value": 46.711136,
        "relative_strength": 52.470702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.588876,
        "energy": 51.766487,
        "activity_lines": [
          131.880001,
          131.3,
          118.275715,
          108.904033
        ]
      },
      {
        "date": "2023-12-29",
        "close": 142.300003,
        "volume": 923631,
        "typical_volume": 655228.7,
        "trend": 100.486251,
        "fair_value": 47.530664,
        "relative_strength": 60.136524,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.594918,
        "energy": 54.597355,
        "activity_lines": [
          135.210002,
          133.795455,
          121.769048,
          111.795941
        ]
      },
      {
        "date": "2024-01-05",
        "close": 147.550003,
        "volume": 1179512,
        "typical_volume": 712073.3,
        "trend": 102.727917,
        "fair_value": 48.383689,
        "relative_strength": 62.968729,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.009166,
        "energy": 55.724308,
        "activity_lines": [
          139.780002,
          136.726365,
          125.452382,
          114.832312
        ]
      },
      {
        "date": "2024-01-12",
        "close": 143.050003,
        "volume": 414239,
        "typical_volume": 725301.4,
        "trend": 104.746667,
        "fair_value": 49.216028,
        "relative_strength": 54.052395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.286652,
        "energy": 51.902189,
        "activity_lines": [
          141.870002,
          138.207274,
          128.343811,
          117.433737
        ]
      },
      {
        "date": "2024-01-19",
        "close": 140.899994,
        "volume": 542903,
        "typical_volume": 744619.3,
        "trend": 106.723334,
        "fair_value": 50.035562,
        "relative_strength": 51.357518,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.581825,
        "energy": 51.562157,
        "activity_lines": [
          142.293333,
          139.033637,
          130.656191,
          119.76621
        ]
      },
      {
        "date": "2024-01-26",
        "close": 142.75,
        "volume": 235653,
        "typical_volume": 697952.65,
        "trend": 108.684584,
        "fair_value": 50.868243,
        "relative_strength": 52.787456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.107063,
        "energy": 48.326823,
        "activity_lines": [
          142.926666,
          140.088182,
          132.811905,
          122.090511
        ]
      },
      {
        "date": "2024-02-02",
        "close": 139.850006,
        "volume": 391643,
        "typical_volume": 655156.55,
        "trend": 110.565001,
        "fair_value": 51.674954,
        "relative_strength": 44.1442,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.981562,
        "energy": 45.669476,
        "activity_lines": [
          141.773335,
          140.459092,
          134.442858,
          124.101184
        ]
      },
      {
        "date": "2024-02-09",
        "close": 153.850006,
        "volume": 2644311,
        "typical_volume": 776877.35,
        "trend": 112.985001,
        "fair_value": 52.561102,
        "relative_strength": 56.258634,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.559295,
        "energy": 50.230322,
        "activity_lines": [
          145.450003,
          143.280911,
          137.200478,
          126.893765
        ]
      },
      {
        "date": "2024-02-16",
        "close": 155.25,
        "volume": 1510783,
        "typical_volume": 840000.2,
        "trend": 115.350001,
        "fair_value": 53.431977,
        "relative_strength": 53.111776,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.734512,
        "energy": 49.740226,
        "activity_lines": [
          149.173336,
          145.975456,
          139.78262,
          129.620539
        ]
      },
      {
        "date": "2024-02-23",
        "close": 157.25,
        "volume": 720479,
        "typical_volume": 865491.5,
        "trend": 117.348334,
        "fair_value": 54.313877,
        "relative_strength": 51.121574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.185519,
        "energy": 51.093441,
        "activity_lines": [
          152.750002,
          148.552729,
          142.223811,
          132.323764
        ]
      },
      {
        "date": "2024-03-01",
        "close": 145.75,
        "volume": 486789,
        "typical_volume": 872792.05,
        "trend": 119.363334,
        "fair_value": 55.125339,
        "relative_strength": 37.160947,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.356095,
        "energy": 44.633721,
        "activity_lines": [
          151.403335,
          148.63091,
          143.243811,
          134.15613
        ]
      },
      {
        "date": "2024-03-08",
        "close": 143.149994,
        "volume": 402354,
        "typical_volume": 847491.35,
        "trend": 121.561667,
        "fair_value": 55.924468,
        "relative_strength": 31.922804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.400509,
        "energy": 36.26104,
        "activity_lines": [
          148.989998,
          147.958182,
          143.761667,
          135.690753
        ]
      },
      {
        "date": "2024-03-15",
        "close": 146.399994,
        "volume": 4704793,
        "typical_volume": 1044480.55,
        "trend": 124.066667,
        "fair_value": 56.751497,
        "relative_strength": 35.686689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.109116,
        "energy": 24.783604,
        "activity_lines": [
          147.439996,
          147.860908,
          144.449047,
          137.293226
        ]
      },
      {
        "date": "2024-03-22",
        "close": 146.350006,
        "volume": 434884,
        "typical_volume": 944156.25,
        "trend": 126.796667,
        "fair_value": 57.580236,
        "relative_strength": 33.079101,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.325558,
        "energy": 17.887123,
        "activity_lines": [
          146.369999,
          147.775454,
          144.971667,
          138.730861
        ]
      },
      {
        "date": "2024-03-29",
        "close": 136.800003,
        "volume": 278350,
        "typical_volume": 890939.2,
        "trend": 128.990001,
        "fair_value": 58.337411,
        "relative_strength": 21.414513,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.79687,
        "energy": 14.212305,
        "activity_lines": [
          142.710001,
          145.893637,
          144.500001,
          139.376237
        ]
      },
      {
        "date": "2024-04-05",
        "close": 153.050003,
        "volume": 1036359,
        "typical_volume": 911431.1,
        "trend": 131.073334,
        "fair_value": 59.191412,
        "relative_strength": 32.583574,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.141462,
        "energy": 18.126651,
        "activity_lines": [
          145.830002,
          147.04091,
          145.567144,
          140.928495
        ]
      },
      {
        "date": "2024-04-12",
        "close": 152.0,
        "volume": 1040079,
        "typical_volume": 937333.1,
        "trend": 132.925001,
        "fair_value": 60.0363,
        "relative_strength": 29.686923,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.887534,
        "energy": 22.983087,
        "activity_lines": [
          148.113335,
          147.810001,
          146.444287,
          142.278603
        ]
      },
      {
        "date": "2024-04-19",
        "close": 151.800003,
        "volume": 2718242,
        "typical_volume": 1058944.65,
        "trend": 135.018334,
        "fair_value": 60.882366,
        "relative_strength": 29.75419,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.128192,
        "energy": 24.012826,
        "activity_lines": [
          149.740002,
          148.321819,
          147.219763,
          143.496345
        ]
      },
      {
        "date": "2024-04-26",
        "close": 151.649994,
        "volume": 500888,
        "typical_volume": 1059803.35,
        "trend": 137.218334,
        "fair_value": 61.709354,
        "relative_strength": 26.216051,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 48.422512,
        "energy": 28.14228,
        "activity_lines": [
          150.956666,
          148.843636,
          147.890715,
          144.569355
        ]
      },
      {
        "date": "2024-05-03",
        "close": 147.149994,
        "volume": 335924,
        "typical_volume": 1043622.25,
        "trend": 139.163334,
        "fair_value": 62.505387,
        "relative_strength": 20.424837,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.309698,
        "energy": 23.574505,
        "activity_lines": [
          150.319997,
          148.612726,
          148.024285,
          145.210108
        ]
      },
      {
        "date": "2024-05-10",
        "close": 145.75,
        "volume": 588370,
        "typical_volume": 1054509.3,
        "trend": 140.945,
        "fair_value": 63.28331,
        "relative_strength": 19.814317,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.271691,
        "energy": 19.551622,
        "activity_lines": [
          148.526664,
          148.310908,
          147.965714,
          145.635054
        ]
      },
      {
        "date": "2024-05-17",
        "close": 142.25,
        "volume": 361935,
        "typical_volume": 1026424.5,
        "trend": 141.895,
        "fair_value": 64.048128,
        "relative_strength": 13.300231,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.943832,
        "energy": 7.276048,
        "activity_lines": [
          146.053332,
          147.372726,
          147.500952,
          145.719247
        ]
      },
      {
        "date": "2024-05-24",
        "close": 139.399994,
        "volume": 307948,
        "typical_volume": 982846.3,
        "trend": 142.781667,
        "fair_value": 64.792491,
        "relative_strength": 7.347014,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.47283,
        "energy": 9.94133,
        "activity_lines": [
          143.279997,
          145.932725,
          146.764999,
          145.558279
        ]
      },
      {
        "date": "2024-05-31",
        "close": 130.25,
        "volume": 693836,
        "typical_volume": 996826.15,
        "trend": 142.838333,
        "fair_value": 65.467619,
        "relative_strength": 1.175266,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.135284,
        "energy": 30.907836,
        "activity_lines": [
          138.283331,
          142.956362,
          145.196428,
          144.749785
        ]
      },
      {
        "date": "2024-06-07",
        "close": 139.25,
        "volume": 786144,
        "typical_volume": 1008988.2,
        "trend": 142.981667,
        "fair_value": 66.18404,
        "relative_strength": 4.060149,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.968261,
        "energy": 29.057167,
        "activity_lines": [
          137.713332,
          141.909089,
          144.545951,
          144.518279
        ]
      },
      {
        "date": "2024-06-14",
        "close": 140.360001,
        "volume": 955856,
        "typical_volume": 1044998.35,
        "trend": 143.188667,
        "fair_value": 66.811919,
        "relative_strength": 3.550875,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.411358,
        "energy": 34.454621,
        "activity_lines": [
          138.04,
          141.01909,
          144.009047,
          144.349139
        ]
      },
      {
        "date": "2024-06-21",
        "close": 145.759995,
        "volume": 1342211,
        "typical_volume": 1092526.75,
        "trend": 143.559,
        "fair_value": 67.492608,
        "relative_strength": 6.721899,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.368231,
        "energy": 15.79862,
        "activity_lines": [
          140.525998,
          141.341634,
          143.997808,
          144.515032
        ]
      },
      {
        "date": "2024-06-28",
        "close": 144.130005,
        "volume": 669721,
        "typical_volume": 993797.25,
        "trend": 143.935,
        "fair_value": 68.151329,
        "relative_strength": 2.735102,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.07252,
        "energy": 3.851543,
        "activity_lines": [
          142.234667,
          141.481272,
          143.80319,
          144.551871
        ]
      },
      {
        "date": "2024-07-05",
        "close": 140.160004,
        "volume": 553494,
        "typical_volume": 945932.8,
        "trend": 144.313667,
        "fair_value": 68.789171,
        "relative_strength": -1.848481,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -32.393525,
        "energy": 14.988697,
        "activity_lines": [
          142.304668,
          141.038546,
          143.276762,
          144.308322
        ]
      },
      {
        "date": "2024-07-12",
        "close": 141.660004,
        "volume": 690914,
        "typical_volume": 944454.55,
        "trend": 144.542334,
        "fair_value": 69.385714,
        "relative_strength": -2.042528,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -28.889897,
        "energy": 14.136834,
        "activity_lines": [
          142.214003,
          141.077456,
          142.965048,
          144.137118
        ]
      },
      {
        "date": "2024-07-19",
        "close": 135.479996,
        "volume": 407368,
        "typical_volume": 940483.5,
        "trend": 144.71,
        "fair_value": 69.948068,
        "relative_strength": -6.806378,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -52.886446,
        "energy": 27.17979,
        "activity_lines": [
          139.902668,
          140.092546,
          142.139,
          143.552451
        ]
      },
      {
        "date": "2024-07-26",
        "close": 139.380005,
        "volume": 456331,
        "typical_volume": 943182.35,
        "trend": 144.612667,
        "fair_value": 70.532924,
        "relative_strength": -5.499344,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.259413,
        "energy": 29.371878,
        "activity_lines": [
          139.216669,
          140.003456,
          141.733286,
          143.208581
        ]
      },
      {
        "date": "2024-08-02",
        "close": 134.809998,
        "volume": 496144,
        "typical_volume": 732749.9,
        "trend": 144.188,
        "fair_value": 71.056469,
        "relative_strength": -8.485698,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -54.317986,
        "energy": 38.208409,
        "activity_lines": [
          137.432667,
          139.135637,
          140.910286,
          142.576151
        ]
      },
      {
        "date": "2024-08-09",
        "close": 125.82,
        "volume": 525009,
        "typical_volume": 737256.15,
        "trend": 143.613667,
        "fair_value": 71.572597,
        "relative_strength": -13.692332,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -71.212175,
        "energy": 60.927526,
        "activity_lines": [
          133.273334,
          136.716728,
          139.286286,
          141.391118
        ]
      },
      {
        "date": "2024-08-16",
        "close": 117.730003,
        "volume": 1033962,
        "typical_volume": 775036.75,
        "trend": 142.841334,
        "fair_value": 72.090512,
        "relative_strength": -20.097642,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.552313,
        "energy": 71.740887,
        "activity_lines": [
          127.373334,
          132.907456,
          136.989572,
          139.721205
        ]
      },
      {
        "date": "2024-08-23",
        "close": 124.910004,
        "volume": 599919,
        "typical_volume": 753214.75,
        "trend": 142.246667,
        "fair_value": 72.666869,
        "relative_strength": -16.638083,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.135596,
        "energy": 68.865321,
        "activity_lines": [
          125.462002,
          130.794911,
          135.467477,
          138.564345
        ]
      },
      {
        "date": "2024-08-30",
        "close": 136.860001,
        "volume": 1677931,
        "typical_volume": 785107.35,
        "trend": 142.147,
        "fair_value": 73.321859,
        "relative_strength": -10.660624,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.513011,
        "energy": 55.927213,
        "activity_lines": [
          128.238669,
          131.136002,
          135.217477,
          138.216818
        ]
      },
      {
        "date": "2024-09-06",
        "close": 130.029999,
        "volume": 836316,
        "typical_volume": 691011.05,
        "trend": 141.353,
        "fair_value": 73.938064,
        "relative_strength": -13.989229,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.302817,
        "energy": 40.16484,
        "activity_lines": [
          128.906668,
          130.397092,
          134.389096,
          137.435076
        ]
      },
      {
        "date": "2024-09-13",
        "close": 139.309998,
        "volume": 1375854,
        "typical_volume": 734759.35,
        "trend": 140.821667,
        "fair_value": 74.617661,
        "relative_strength": -9.888075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.074813,
        "energy": 15.707562,
        "activity_lines": [
          132.986667,
          131.601819,
          134.548191,
          137.303269
        ]
      },
      {
        "date": "2024-09-20",
        "close": 142.429993,
        "volume": 744406,
        "typical_volume": 755183.45,
        "trend": 140.327666,
        "fair_value": 75.333032,
        "relative_strength": -9.706317,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -13.549239,
        "energy": 16.726257,
        "activity_lines": [
          137.207331,
          133.389272,
          135.06319,
          137.407032
        ]
      },
      {
        "date": "2024-09-27",
        "close": 142.820007,
        "volume": 771851,
        "typical_volume": 764357.5,
        "trend": 140.23,
        "fair_value": 76.046999,
        "relative_strength": -11.106801,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -11.467537,
        "energy": 17.980765,
        "activity_lines": [
          139.911333,
          135.233637,
          135.63781,
          137.567828
        ]
      },
      {
        "date": "2024-10-04",
        "close": 174.75,
        "volume": 15165060,
        "typical_volume": 1504513.75,
        "trend": 141.283333,
        "fair_value": 76.951589,
        "relative_strength": 12.956215,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 48.151821,
        "energy": 46.685838,
        "activity_lines": [
          152.064667,
          142.75,
          139.267334,
          139.794925
        ]
      },
      {
        "date": "2024-10-11",
        "close": 211.399994,
        "volume": 13208940,
        "typical_volume": 2149563.35,
        "trend": 143.45,
        "fair_value": 78.094004,
        "relative_strength": 35.325053,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 92.891461,
        "energy": 87.46648,
        "activity_lines": [
          173.908665,
          156.286908,
          146.232571,
          144.318581
        ]
      },
      {
        "date": "2024-10-18",
        "close": 243.300003,
        "volume": 5043951,
        "typical_volume": 2367069.1,
        "trend": 146.681667,
        "fair_value": 79.450121,
        "relative_strength": 54.55108,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 96.241227,
        "energy": 97.318137,
        "activity_lines": [
          200.961333,
          174.231272,
          155.893048,
          150.760516
        ]
      },
      {
        "date": "2024-10-25",
        "close": 213.080002,
        "volume": 2182922,
        "typical_volume": 2436908.0,
        "trend": 149.224333,
        "fair_value": 80.607912,
        "relative_strength": 37.913015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.155474,
        "energy": 88.984792,
        "activity_lines": [
          211.008001,
          184.545091,
          162.137096,
          155.04428
        ]
      },
      {
        "date": "2024-11-01",
        "close": 235.850006,
        "volume": 3154006,
        "typical_volume": 2546815.5,
        "trend": 151.984333,
        "fair_value": 81.911588,
        "relative_strength": 50.506858,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.207061,
        "energy": 91.65363,
        "activity_lines": [
          223.934669,
          197.265274,
          170.198144,
          160.633033
        ]
      },
      {
        "date": "2024-11-08",
        "close": 160.300003,
        "volume": 7786739,
        "typical_volume": 2869041.9,
        "trend": 152.261,
        "fair_value": 82.728781,
        "relative_strength": 3.051316,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.210026,
        "energy": 53.127295,
        "activity_lines": [
          205.476003,
          194.232002,
          170.609239,
          161.169528
        ]
      },
      {
        "date": "2024-11-15",
        "close": 146.949997,
        "volume": 777023,
        "typical_volume": 2874407.0,
        "trend": 152.099333,
        "fair_value": 83.474298,
        "relative_strength": -2.89945,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 31.467652,
        "energy": 22.909752,
        "activity_lines": [
          183.530668,
          188.345274,
          169.679667,
          160.826882
        ]
      },
      {
        "date": "2024-11-22",
        "close": 144.100006,
        "volume": 559705,
        "typical_volume": 2874717.55,
        "trend": 151.847667,
        "fair_value": 84.214586,
        "relative_strength": -6.056723,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.559281,
        "energy": 19.537435,
        "activity_lines": [
          164.932003,
          181.632729,
          168.465239,
          160.310797
        ]
      },
      {
        "date": "2024-11-29",
        "close": 144.800003,
        "volume": 468950,
        "typical_volume": 2863619.35,
        "trend": 151.769334,
        "fair_value": 84.964437,
        "relative_strength": -6.320466,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.027592,
        "energy": 27.058221,
        "activity_lines": [
          153.180003,
          174.960366,
          167.298716,
          159.856109
        ]
      },
      {
        "date": "2024-12-06",
        "close": 143.979996,
        "volume": 260770,
        "typical_volume": 2856289.45,
        "trend": 151.710334,
        "fair_value": 85.69318,
        "relative_strength": -8.830284,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -9.037191,
        "energy": 26.448053,
        "activity_lines": [
          145.706667,
          168.095819,
          166.039144,
          159.353571
        ]
      },
      {
        "date": "2024-12-13",
        "close": 136.970001,
        "volume": 423203,
        "typical_volume": 2854633.05,
        "trend": 151.534334,
        "fair_value": 86.385342,
        "relative_strength": -13.390173,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -24.712604,
        "energy": 30.275022,
        "activity_lines": [
          142.021334,
          159.935638,
          164.071477,
          158.402582
        ]
      },
      {
        "date": "2024-12-20",
        "close": 134.720001,
        "volume": 264455,
        "typical_volume": 2843048.6,
        "trend": 151.378334,
        "fair_value": 87.073623,
        "relative_strength": -10.440849,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.880515,
        "energy": 31.237993,
        "activity_lines": [
          139.141334,
          152.053274,
          161.901001,
          157.317786
        ]
      },
      {
        "date": "2024-12-27",
        "close": 136.75,
        "volume": 153738,
        "typical_volume": 2824485.05,
        "trend": 151.595001,
        "fair_value": 87.765469,
        "relative_strength": -9.734461,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.50215,
        "energy": 27.034748,
        "activity_lines": [
          137.753333,
          145.934183,
          159.924287,
          156.374022
        ]
      },
      {
        "date": "2025-01-03",
        "close": 123.379997,
        "volume": 472801,
        "typical_volume": 2796427.0,
        "trend": 151.066001,
        "fair_value": 88.368798,
        "relative_strength": -18.802338,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.089103,
        "energy": 36.437139,
        "activity_lines": [
          132.398666,
          139.321455,
          156.622191,
          154.5537
        ]
      },
      {
        "date": "2025-01-10",
        "close": 124.220001,
        "volume": 561084,
        "typical_volume": 2794485.25,
        "trend": 150.528001,
        "fair_value": 88.968375,
        "relative_strength": -15.934813,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.281299,
        "energy": 44.205253,
        "activity_lines": [
          128.752,
          134.492364,
          153.373191,
          152.8217
        ]
      },
      {
        "date": "2025-01-17",
        "close": 119.900002,
        "volume": 222361,
        "typical_volume": 2721706.75,
        "trend": 149.666001,
        "fair_value": 89.554003,
        "relative_strength": -17.72151,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.821446,
        "energy": 55.089461,
        "activity_lines": [
          124.982667,
          130.907455,
          149.716048,
          150.8457
        ]
      },
      {
        "date": "2025-01-24",
        "close": 115.239998,
        "volume": 110177,
        "typical_volume": 2685399.8,
        "trend": 148.703001,
        "fair_value": 90.114055,
        "relative_strength": -20.124648,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -71.759726,
        "energy": 73.199692,
        "activity_lines": [
          120.798,
          127.209818,
          145.695858,
          148.624667
        ]
      },
      {
        "date": "2025-01-31",
        "close": 116.739998,
        "volume": 154681,
        "typical_volume": 2624341.15,
        "trend": 147.922334,
        "fair_value": 90.676069,
        "relative_strength": -20.165265,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.984009,
        "energy": 74.677907,
        "activity_lines": [
          118.411999,
          124.361454,
          141.888953,
          146.562538
        ]
      },
      {
        "date": "2025-02-07",
        "close": 110.739998,
        "volume": 151626,
        "typical_volume": 2594702.15,
        "trend": 146.891667,
        "fair_value": 91.168543,
        "relative_strength": -23.878137,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.469117,
        "energy": 87.707049,
        "activity_lines": [
          115.359999,
          120.919635,
          137.618095,
          144.163678
        ]
      },
      {
        "date": "2025-02-14",
        "close": 97.5,
        "volume": 238667,
        "typical_volume": 2568042.95,
        "trend": 145.625667,
        "fair_value": 91.60502,
        "relative_strength": -30.531754,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.275577,
        "energy": 93.579681,
        "activity_lines": [
          108.737332,
          115.689817,
          132.23719,
          140.977118
        ]
      },
      {
        "date": "2025-02-21",
        "close": 100.699997,
        "volume": 131549,
        "typical_volume": 1816367.4,
        "trend": 144.336334,
        "fair_value": 92.064215,
        "relative_strength": -27.223456,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.448206,
        "energy": 89.89952,
        "activity_lines": [
          104.962665,
          111.886908,
          127.376857,
          138.078688
        ]
      },
      {
        "date": "2025-02-28",
        "close": 89.559998,
        "volume": 124721,
        "typical_volume": 1162156.45,
        "trend": 142.828,
        "fair_value": 92.416563,
        "relative_strength": -32.78341,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.035831,
        "energy": 93.672851,
        "activity_lines": [
          98.754665,
          106.717999,
          121.80819,
          134.544731
        ]
      },
      {
        "date": "2025-03-07",
        "close": 99.720001,
        "volume": 319465,
        "typical_volume": 925932.15,
        "trend": 141.958,
        "fair_value": 92.844434,
        "relative_strength": -26.119563,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.480341,
        "energy": 80.522226,
        "activity_lines": [
          97.645332,
          104.217454,
          117.787333,
          131.76357
        ]
      },
      {
        "date": "2025-03-14",
        "close": 85.900002,
        "volume": 296694,
        "typical_volume": 831620.75,
        "trend": 140.897,
        "fair_value": 93.183794,
        "relative_strength": -35.33288,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.611568,
        "energy": 70.309612,
        "activity_lines": [
          93.064,
          99.877454,
          113.134,
          128.146925
        ]
      },
      {
        "date": "2025-03-21",
        "close": 89.300003,
        "volume": 928922,
        "typical_volume": 720366.55,
        "trend": 139.71,
        "fair_value": 93.535342,
        "relative_strength": -34.927054,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.824321,
        "energy": 67.053626,
        "activity_lines": [
          91.272001,
          96.837091,
          109.410095,
          124.818086
        ]
      },
      {
        "date": "2025-03-28",
        "close": 76.25,
        "volume": 1093566,
        "typical_volume": 385707.9,
        "trend": 137.689667,
        "fair_value": 93.812686,
        "relative_strength": -44.309977,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.304851,
        "energy": 70.4958,
        "activity_lines": [
          85.676668,
          92.058909,
          105.14119,
          120.723893
        ]
      },
      {
        "date": "2025-04-04",
        "close": 86.889999,
        "volume": 332746,
        "typical_volume": 363494.05,
        "trend": 136.251667,
        "fair_value": 94.142328,
        "relative_strength": -34.181996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.335954,
        "energy": 64.42751,
        "activity_lines": [
          85.258001,
          90.008909,
          102.285857,
          117.446495
        ]
      },
      {
        "date": "2025-04-11",
        "close": 81.720001,
        "volume": 137584,
        "typical_volume": 342388.0,
        "trend": 134.332,
        "fair_value": 94.43056,
        "relative_strength": -37.228476,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.126997,
        "energy": 64.851411,
        "activity_lines": [
          83.294001,
          87.534364,
          99.224143,
          113.928323
        ]
      },
      {
        "date": "2025-04-18",
        "close": 83.580002,
        "volume": 136695,
        "typical_volume": 325775.25,
        "trend": 132.370334,
        "fair_value": 94.741031,
        "relative_strength": -37.851493,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.6245,
        "energy": 62.875426,
        "activity_lines": [
          83.150001,
          86.034728,
          96.636619,
          110.654
        ]
      },
      {
        "date": "2025-04-25",
        "close": 85.269997,
        "volume": 197518,
        "typical_volume": 322612.65,
        "trend": 130.452,
        "fair_value": 95.080841,
        "relative_strength": -36.391999,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.264184,
        "energy": 55.655648,
        "activity_lines": [
          83.724,
          85.336182,
          94.501571,
          107.615269
        ]
      },
      {
        "date": "2025-05-02",
        "close": 84.349998,
        "volume": 81089,
        "typical_volume": 305506.95,
        "trend": 127.438667,
        "fair_value": 95.426881,
        "relative_strength": -37.205081,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.246143,
        "energy": 52.412947,
        "activity_lines": [
          84.259999,
          84.692727,
          92.558476,
          104.640946
        ]
      },
      {
        "date": "2025-05-09",
        "close": 84.589996,
        "volume": 175622,
        "typical_volume": 301065.3,
        "trend": 123.211667,
        "fair_value": 95.782571,
        "relative_strength": -35.443819,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.424374,
        "energy": 47.704151,
        "activity_lines": [
          84.335998,
          84.390181,
          90.888809,
          101.876516
        ]
      },
      {
        "date": "2025-05-16",
        "close": 101.059998,
        "volume": 923921,
        "typical_volume": 339574.45,
        "trend": 118.470333,
        "fair_value": 96.214228,
        "relative_strength": -25.390757,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.622179,
        "energy": 28.780741,
        "activity_lines": [
          90.055331,
          87.172544,
          91.026428,
          100.447376
        ]
      },
      {
        "date": "2025-05-23",
        "close": 109.050003,
        "volume": 788709,
        "typical_volume": 355369.85,
        "trend": 115.002667,
        "fair_value": 96.720649,
        "relative_strength": -18.464307,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -6.355627,
        "energy": 15.315959,
        "activity_lines": [
          97.148666,
          91.383272,
          92.094952,
          99.839613
        ]
      },
      {
        "date": "2025-05-30",
        "close": 113.57,
        "volume": 1274420,
        "typical_volume": 391036.65,
        "trend": 110.926667,
        "fair_value": 97.256281,
        "relative_strength": -14.368355,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 16.109986,
        "energy": 29.173335,
        "activity_lines": [
          104.050666,
          95.994908,
          93.66219,
          99.747182
        ]
      },
      {
        "date": "2025-06-06",
        "close": 124.669998,
        "volume": 880588,
        "typical_volume": 423948.0,
        "trend": 109.739,
        "fair_value": 97.875036,
        "relative_strength": -6.614998,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 47.639267,
        "energy": 51.566338,
        "activity_lines": [
          112.765999,
          102.183454,
          96.337285,
          100.633849
        ]
      },
      {
        "date": "2025-06-13",
        "close": 131.410004,
        "volume": 861086,
        "typical_volume": 461493.45,
        "trend": 109.221,
        "fair_value": 98.54802,
        "relative_strength": -0.194466,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 50.178878,
        "energy": 76.704428,
        "activity_lines": [
          121.040001,
          108.717091,
          99.631571,
          102.031978
        ]
      },
      {
        "date": "2025-06-20",
        "close": 126.330002,
        "volume": 502630,
        "typical_volume": 478890.9,
        "trend": 108.628666,
        "fair_value": 99.196237,
        "relative_strength": -5.15611,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.400883,
        "energy": 72.977712,
        "activity_lines": [
          124.499335,
          113.517637,
          102.365048,
          103.135785
        ]
      },
      {
        "date": "2025-06-27",
        "close": 126.610001,
        "volume": 188873,
        "typical_volume": 480753.25,
        "trend": 108.022333,
        "fair_value": 99.829239,
        "relative_strength": -6.533171,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 42.258941,
        "energy": 75.624072,
        "activity_lines": [
          126.367335,
          117.558001,
          105.079524,
          104.295871
        ]
      },
      {
        "date": "2025-07-04",
        "close": 123.309998,
        "volume": 152125,
        "typical_volume": 476426.15,
        "trend": 107.333333,
        "fair_value": 100.436678,
        "relative_strength": -8.029521,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.896542,
        "energy": 70.790024,
        "activity_lines": [
          125.964667,
          120.216,
          107.404143,
          105.282172
        ]
      },
      {
        "date": "2025-07-11",
        "close": 119.769997,
        "volume": 117253,
        "typical_volume": 475711.35,
        "trend": 106.76,
        "fair_value": 101.023077,
        "relative_strength": -9.226755,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.165438,
        "energy": 45.579501,
        "activity_lines": [
          123.732666,
          121.538727,
          109.268714,
          106.084537
        ]
      },
      {
        "date": "2025-07-18",
        "close": 121.82,
        "volume": 173744,
        "typical_volume": 478162.5,
        "trend": 106.33,
        "fair_value": 101.608444,
        "relative_strength": -6.782105,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 50.575872,
        "energy": 44.740427,
        "activity_lines": [
          122.510666,
          122.590182,
          111.237714,
          107.05615
        ]
      },
      {
        "date": "2025-07-25",
        "close": 119.889999,
        "volume": 125809,
        "typical_volume": 468479.7,
        "trend": 105.768,
        "fair_value": 102.167893,
        "relative_strength": -7.506759,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 46.297277,
        "energy": 37.422838,
        "activity_lines": [
          121.284666,
          122.613818,
          112.869285,
          107.930989
        ]
      },
      {
        "date": "2025-08-01",
        "close": 120.0,
        "volume": 79062,
        "typical_volume": 457598.1,
        "trend": 105.655333,
        "fair_value": 102.72167,
        "relative_strength": -6.201454,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.811575,
        "energy": 32.140143,
        "activity_lines": [
          120.524666,
          122.315091,
          114.415285,
          108.849183
        ]
      },
      {
        "date": "2025-08-08",
        "close": 118.089996,
        "volume": 136466,
        "typical_volume": 417975.3,
        "trend": 105.451,
        "fair_value": 103.261794,
        "relative_strength": -6.820049,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.321664,
        "energy": 27.544554,
        "activity_lines": [
          119.568665,
          121.469999,
          115.616999,
          109.651419
        ]
      },
      {
        "date": "2025-08-15",
        "close": 109.209999,
        "volume": 73730,
        "typical_volume": 366983.5,
        "trend": 105.094666,
        "fair_value": 103.737382,
        "relative_strength": -14.649808,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.378903,
        "energy": 20.354785,
        "activity_lines": [
          116.000665,
          118.928181,
          115.835904,
          109.893935
        ]
      },
      {
        "date": "2025-08-22",
        "close": 104.860001,
        "volume": 93588,
        "typical_volume": 355025.6,
        "trend": 104.748666,
        "fair_value": 104.16573,
        "relative_strength": -18.590486,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.969673,
        "energy": 17.355091,
        "activity_lines": [
          111.686666,
          115.876545,
          115.483571,
          109.878795
        ]
      },
      {
        "date": "2025-08-29",
        "close": 106.75,
        "volume": 79516,
        "typical_volume": 352122.2,
        "trend": 104.415666,
        "fair_value": 104.603973,
        "relative_strength": -15.288047,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.715183,
        "energy": 19.10875,
        "activity_lines": [
          109.133333,
          113.651272,
          115.225666,
          110.007914
        ]
      },
      {
        "date": "2025-09-05",
        "close": 110.010002,
        "volume": 190925,
        "typical_volume": 354833.7,
        "trend": 104.391333,
        "fair_value": 105.025039,
        "relative_strength": -13.556367,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.572579,
        "energy": 21.880512,
        "activity_lines": [
          108.542667,
          112.374727,
          115.159047,
          110.368838
        ]
      },
      {
        "date": "2025-09-12",
        "close": 113.709999,
        "volume": 47698,
        "typical_volume": 347342.7,
        "trend": 104.931666,
        "fair_value": 105.476169,
        "relative_strength": -11.656897,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.491866,
        "energy": 17.701091,
        "activity_lines": [
          109.851334,
          112.072727,
          115.318952,
          110.970043
        ]
      },
      {
        "date": "2025-09-19",
        "close": 111.760002,
        "volume": 122534,
        "typical_volume": 349414.95,
        "trend": 105.300333,
        "fair_value": 105.923762,
        "relative_strength": -13.542248,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.585004,
        "energy": 11.285508,
        "activity_lines": [
          110.802001,
          111.590727,
          115.157714,
          111.41058
        ]
      },
      {
        "date": "2025-09-26",
        "close": 104.410004,
        "volume": 140240,
        "typical_volume": 347645.85,
        "trend": 105.795333,
        "fair_value": 106.334393,
        "relative_strength": -16.642134,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.69471,
        "energy": 11.535009,
        "activity_lines": [
          109.132669,
          109.918001,
          114.165953,
          111.35314
        ]
      },
      {
        "date": "2025-10-03",
        "close": 110.919998,
        "volume": 156147,
        "typical_volume": 309257.15,
        "trend": 106.168667,
        "fair_value": 106.779932,
        "relative_strength": -11.448759,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.454682,
        "energy": 8.823816,
        "activity_lines": [
          109.663334,
          109.745455,
          113.69981,
          111.683763
        ]
      },
      {
        "date": "2025-10-10",
        "close": 133.440002,
        "volume": 986667,
        "typical_volume": 319155.05,
        "trend": 107.753333,
        "fair_value": 107.355395,
        "relative_strength": 6.176789,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.265558,
        "energy": 32.917674,
        "activity_lines": [
          117.422668,
          113.830546,
          115.331476,
          113.443204
        ]
      },
      {
        "date": "2025-10-17",
        "close": 131.809998,
        "volume": 941992,
        "typical_volume": 302533.65,
        "trend": 109.170333,
        "fair_value": 107.941746,
        "relative_strength": 5.042988,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 68.297886,
        "energy": 53.083427,
        "activity_lines": [
          123.076667,
          117.37491,
          116.691762,
          114.995247
        ]
      },
      {
        "date": "2025-10-24",
        "close": 140.539993,
        "volume": 1384850,
        "typical_volume": 327746.75,
        "trend": 111.313333,
        "fair_value": 108.554789,
        "relative_strength": 13.129126,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.509356,
        "energy": 74.772124,
        "activity_lines": [
          130.433998,
          122.25709,
          118.796618,
          117.019096
        ]
      },
      {
        "date": "2025-10-31",
        "close": 139.410004,
        "volume": 2632114,
        "typical_volume": 416298.15,
        "trend": 113.064,
        "fair_value": 109.166776,
        "relative_strength": 14.496942,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.874334,
        "energy": 77.808777,
        "activity_lines": [
          135.495999,
          126.364182,
          120.718286,
          118.831785
        ]
      },
      {
        "date": "2025-11-07",
        "close": 140.960007,
        "volume": 1023034,
        "typical_volume": 442318.35,
        "trend": 115.038667,
        "fair_value": 109.776959,
        "relative_strength": 17.34207,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.62742,
        "energy": 78.633793,
        "activity_lines": [
          138.741335,
          130.12491,
          122.749477,
          120.631527
        ]
      },
      {
        "date": "2025-11-14",
        "close": 133.729996,
        "volume": 543931,
        "typical_volume": 460071.25,
        "trend": 116.710333,
        "fair_value": 110.342563,
        "relative_strength": 10.014889,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.859884,
        "energy": 69.120815,
        "activity_lines": [
          137.574,
          131.949091,
          124.022429,
          121.837419
        ]
      },
      {
        "date": "2025-11-21",
        "close": 136.970001,
        "volume": 670241,
        "typical_volume": 485977.05,
        "trend": 118.433667,
        "fair_value": 110.924071,
        "relative_strength": 12.353008,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.455436,
        "energy": 47.042814,
        "activity_lines": [
          137.467334,
          133.931091,
          125.570048,
          123.144495
        ]
      },
      {
        "date": "2025-11-28",
        "close": 160.25,
        "volume": 2586997,
        "typical_volume": 609464.25,
        "trend": 120.963667,
        "fair_value": 111.658,
        "relative_strength": 30.710869,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.247958,
        "energy": 56.810892,
        "activity_lines": [
          144.776667,
          139.722909,
          129.269762,
          125.842323
        ]
      },
      {
        "date": "2025-12-05",
        "close": 149.5,
        "volume": 1099224,
        "typical_volume": 655738.25,
        "trend": 123.127333,
        "fair_value": 112.328122,
        "relative_strength": 22.082158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.952322,
        "energy": 50.36329,
        "activity_lines": [
          147.188667,
          142.678546,
          131.752905,
          127.683376
        ]
      },
      {
        "date": "2025-12-12",
        "close": 156.440002,
        "volume": 2290304,
        "typical_volume": 763963.0,
        "trend": 124.973334,
        "fair_value": 113.046879,
        "relative_strength": 28.182649,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.438749,
        "energy": 55.877064,
        "activity_lines": [
          151.241334,
          146.076182,
          134.765191,
          129.832581
        ]
      },
      {
        "date": "2025-12-19",
        "close": 166.080002,
        "volume": 5405742,
        "typical_volume": 1030297.0,
        "trend": 126.874333,
        "fair_value": 113.872089,
        "relative_strength": 36.12114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.401781,
        "energy": 66.313881,
        "activity_lines": [
          157.475335,
          150.39891,
          138.521524,
          132.484624
        ]
      },
      {
        "date": "2025-12-26",
        "close": 164.979996,
        "volume": 841526,
        "typical_volume": 1065550.0,
        "trend": 128.588,
        "fair_value": 114.662177,
        "relative_strength": 34.499302,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.751481,
        "energy": 56.453628,
        "activity_lines": [
          161.186,
          153.928182,
          141.953667,
          134.943054
        ]
      },
      {
        "date": "2026-01-02",
        "close": 159.830002,
        "volume": 394493,
        "typical_volume": 1081588.15,
        "trend": 129.76,
        "fair_value": 115.391659,
        "relative_strength": 28.396192,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.833962,
        "energy": 48.447977,
        "activity_lines": [
          161.312667,
          155.918,
          144.672048,
          136.958667
        ]
      },
      {
        "date": "2026-01-09",
        "close": 146.789993,
        "volume": 309413,
        "typical_volume": 1092379.4,
        "trend": 130.272666,
        "fair_value": 116.005094,
        "relative_strength": 20.680125,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.788429,
        "energy": 41.581297,
        "activity_lines": [
          157.120664,
          155.186181,
          145.907476,
          138.057376
        ]
      },
      {
        "date": "2026-01-16",
        "close": 146.639999,
        "volume": 351458,
        "typical_volume": 1105976.5,
        "trend": 130.949666,
        "fair_value": 116.577533,
        "relative_strength": 20.241462,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.450951,
        "energy": 27.644882,
        "activity_lines": [
          153.059331,
          154.292908,
          146.928952,
          139.113333
        ]
      },
      {
        "date": "2026-01-23",
        "close": 141.710007,
        "volume": 481749,
        "typical_volume": 1120517.7,
        "trend": 131.453,
        "fair_value": 117.144049,
        "relative_strength": 18.873102,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.634928,
        "energy": 19.564657,
        "activity_lines": [
          148.008001,
          152.4,
          147.290953,
          139.807549
        ]
      },
      {
        "date": "2026-01-30",
        "close": 155.789993,
        "volume": 363345,
        "typical_volume": 1136300.05,
        "trend": 132.535666,
        "fair_value": 117.790853,
        "relative_strength": 28.663212,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.095887,
        "energy": 20.475208,
        "activity_lines": [
          149.274665,
          152.921999,
          148.842952,
          141.377677
        ]
      },
      {
        "date": "2026-02-06",
        "close": 150.289993,
        "volume": 261716,
        "typical_volume": 1143259.15,
        "trend": 133.553,
        "fair_value": 118.425128,
        "relative_strength": 21.756204,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.919064,
        "energy": 16.417245,
        "activity_lines": [
          149.320663,
          152.101816,
          149.670761,
          142.523118
        ]
      },
      {
        "date": "2026-02-13",
        "close": 146.220001,
        "volume": 219636,
        "typical_volume": 1147228.95,
        "trend": 134.366333,
        "fair_value": 119.032788,
        "relative_strength": 18.78644,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.992642,
        "energy": 14.489181,
        "activity_lines": [
          148.645998,
          150.722725,
          149.927475,
          143.340343
        ]
      },
      {
        "date": "2026-02-20",
        "close": 145.100006,
        "volume": 180875,
        "typical_volume": 1148465.35,
        "trend": 135.206667,
        "fair_value": 119.659792,
        "relative_strength": 16.830585,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.332621,
        "energy": 11.451938,
        "activity_lines": [
          147.636,
          149.199636,
          149.878428,
          144.032839
        ]
      },
      {
        "date": "2026-02-27",
        "close": 135.559998,
        "volume": 332598,
        "typical_volume": 1115761.9,
        "trend": 135.725333,
        "fair_value": 120.217228,
        "relative_strength": 10.26786,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.006057,
        "energy": 8.150822,
        "activity_lines": [
          143.548666,
          146.148181,
          148.758047,
          144.055634
        ]
      },
      {
        "date": "2026-03-06",
        "close": 131.699997,
        "volume": 386105,
        "typical_volume": 1087967.55,
        "trend": 136.179,
        "fair_value": 120.741266,
        "relative_strength": 9.901015,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -1.233038,
        "energy": 13.682926,
        "activity_lines": [
          138.584666,
          142.949817,
          147.259952,
          143.795935
        ]
      },
      {
        "date": "2026-03-13",
        "close": 128.75,
        "volume": 225188,
        "typical_volume": 1029984.45,
        "trend": 136.830333,
        "fair_value": 121.265865,
        "relative_strength": 12.706024,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.055354,
        "energy": 38.47094,
        "activity_lines": [
          134.243333,
          139.820181,
          145.481428,
          143.316645
        ]
      },
      {
        "date": "2026-03-20",
        "close": 136.100006,
        "volume": 240357,
        "typical_volume": 910396.6,
        "trend": 137.871667,
        "fair_value": 121.857773,
        "relative_strength": 18.376656,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.325314,
        "energy": 39.369746,
        "activity_lines": [
          133.788002,
          138.592,
          144.459047,
          143.269527
        ]
      },
      {
        "date": "2026-03-27",
        "close": 124.089996,
        "volume": 201915,
        "typical_volume": 869340.65,
        "trend": 138.449667,
        "fair_value": 122.374215,
        "relative_strength": 8.405097,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.076167,
        "energy": 52.097518,
        "activity_lines": [
          130.004,
          135.374545,
          142.308619,
          142.380387
        ]
      },
      {
        "date": "2026-04-03",
        "close": 126.959999,
        "volume": 492079,
        "typical_volume": 866748.05,
        "trend": 139.014666,
        "fair_value": 122.895913,
        "relative_strength": 10.670333,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.627005,
        "energy": 46.872244,
        "activity_lines": [
          128.577333,
          133.088909,
          140.511857,
          141.639118
        ]
      },
      {
        "date": "2026-04-10",
        "close": 136.270004,
        "volume": 653162,
        "typical_volume": 865894.1,
        "trend": 139.766667,
        "fair_value": 123.457099,
        "relative_strength": 11.295847,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.582156,
        "energy": 26.492759,
        "activity_lines": [
          130.827334,
          132.764182,
          139.634,
          141.462043
        ]
      },
      {
        "date": "2026-04-17",
        "close": 143.960007,
        "volume": 866637,
        "typical_volume": 779876.1,
        "trend": 140.84,
        "fair_value": 124.062692,
        "relative_strength": 15.06761,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -7.866619,
        "energy": 11.912348,
        "activity_lines": [
          135.336003,
          134.192547,
          139.491858,
          141.732581
        ]
      },
      {
        "date": "2026-04-24",
        "close": 144.850006,
        "volume": 721268,
        "typical_volume": 760978.3,
        "trend": 142.188,
        "fair_value": 124.669584,
        "relative_strength": 16.886199,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.559112,
        "energy": 15.726683,
        "activity_lines": [
          139.127338,
          135.897821,
          139.512049,
          141.991291
        ]
      },
      {
        "date": "2026-05-01",
        "close": 150.600006,
        "volume": 3985619,
        "typical_volume": 845744.05,
        "trend": 143.510667,
        "fair_value": 125.343382,
        "relative_strength": 19.773104,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.979661,
        "energy": 16.974452,
        "activity_lines": [
          144.252005,
          138.673458,
          140.102002,
          142.534001
        ]
      },
      {
        "date": "2026-05-08",
        "close": 148.470001,
        "volume": 502426,
        "typical_volume": 600578.25,
        "trend": 144.011667,
        "fair_value": 126.001202,
        "relative_strength": 16.091401,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.702278,
        "energy": 22.349021,
        "activity_lines": [
          146.899338,
          140.961821,
          140.516906,
          142.853958
        ]
      },
      {
        "date": "2026-05-15",
        "close": 139.380005,
        "volume": 561484,
        "typical_volume": 586576.15,
        "trend": 144.264001,
        "fair_value": 126.59835,
        "relative_strength": 10.692191,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.527551,
        "energy": 15.729686,
        "activity_lines": [
          145.082671,
          141.362731,
          140.149955,
          142.555141
        ]
      },
      {
        "date": "2026-05-22",
        "close": 143.589996,
        "volume": 345684,
        "typical_volume": 584135.7,
        "trend": 144.365667,
        "fair_value": 127.218798,
        "relative_strength": 12.991512,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.68328,
        "energy": 12.576929,
        "activity_lines": [
          144.462001,
          142.389457,
          140.305859,
          142.511657
        ]
      },
      {
        "date": "2026-05-29",
        "close": 138.169998,
        "volume": 357281,
        "typical_volume": 586529.1,
        "trend": 144.324334,
        "fair_value": 127.77133,
        "relative_strength": 9.018072,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.280087,
        "energy": 11.287969,
        "activity_lines": [
          142.059333,
          142.160911,
          140.022906,
          142.111936
        ]
      },
      {
        "date": "2026-06-05",
        "close": 128.720001,
        "volume": 56153,
        "typical_volume": 571763.85,
        "trend": 143.916334,
        "fair_value": 128.081715,
        "relative_strength": 2.158099,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.943325,
        "energy": 26.424159,
        "activity_lines": [
          136.952,
          140.176547,
          138.881001,
          141.105205
        ]
      },
      {
        "date": "2026-06-12",
        "close": 124.230003,
        "volume": 73688,
        "typical_volume": 551360.8,
        "trend": 143.599667,
        "fair_value": 128.349295,
        "relative_strength": -2.454719,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.93767,
        "energy": 47.705629,
        "activity_lines": [
          131.806667,
          137.291638,
          137.396811,
          139.835119
        ]
      },
      {
        "date": "2026-06-19",
        "close": 127.139999,
        "volume": 36853,
        "typical_volume": 535036.2,
        "trend": 143.272001,
        "fair_value": 128.641218,
        "relative_strength": -1.884382,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.819448,
        "energy": 58.01755,
        "activity_lines": [
          129.247333,
          134.985456,
          136.273001,
          138.773205
        ]
      },
      {
        "date": "2026-06-26",
        "close": 125.589996,
        "volume": 0,
        "typical_volume": 521950.4,
        "trend": 142.116667,
        "fair_value": 128.908382,
        "relative_strength": -3.350622,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.320045,
        "energy": 65.290987,
        "activity_lines": [
          126.987332,
          132.563454,
          135.138001,
          137.632431
        ]
      },
      {
        "date": "2026-07-03",
        "close": 127.400002,
        "volume": 34441,
        "typical_volume": 512690.65,
        "trend": 141.38,
        "fair_value": 129.190193,
        "relative_strength": -2.96585,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.149131,
        "energy": 63.796115,
        "activity_lines": [
          126.530667,
          130.804545,
          134.293001,
          136.682969
        ]
      },
      {
        "date": "2026-07-10",
        "close": 121.620003,
        "volume": 275624,
        "typical_volume": 517428.1,
        "trend": 140.219334,
        "fair_value": 129.448975,
        "relative_strength": -7.209874,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.612316,
        "energy": 64.810297,
        "activity_lines": [
          124.865334,
          128.312,
          132.987144,
          135.40813
        ]
      },
      {
        "date": "2026-07-17",
        "close": 116.940002,
        "volume": 265684,
        "typical_volume": 514082.4,
        "trend": 138.581334,
        "fair_value": 129.658205,
        "relative_strength": -11.224444,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.348542,
        "energy": 71.110099,
        "activity_lines": [
          122.113335,
          125.495455,
          131.347382,
          133.906238
        ]
      },
      {
        "date": "2026-07-24",
        "close": 114.860001,
        "volume": 210375,
        "typical_volume": 505295.9,
        "trend": 136.910667,
        "fair_value": 129.770769,
        "relative_strength": -10.725629,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.493019,
        "energy": 75.82184,
        "activity_lines": [
          119.154001,
          122.874001,
          129.598192,
          132.375829
        ]
      },
      {
        "date": "2026-07-31",
        "close": 122.620003,
        "volume": 516737,
        "typical_volume": 519873.35,
        "trend": 135.670334,
        "fair_value": 130.01,
        "relative_strength": -7.149946,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.004601,
        "energy": 69.990278,
        "activity_lines": [
          119.600002,
          122.109274,
          128.668239,
          131.453851
        ]
      },
      {
        "date": "2026-08-07",
        "close": 124.43,
        "volume": 443330,
        "typical_volume": 530022.0,
        "trend": 134.925001,
        "fair_value": 130.312757,
        "relative_strength": -6.568695,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.379833,
        "energy": 53.177291,
        "activity_lines": [
          120.847335,
          122.05491,
          127.939858,
          130.728668
        ]
      }
    ],
    "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."
    }
  }
}