{
  "ticker": {
    "uuid": "ad851f78-355c-483f-be5e-3e2614848368",
    "symbol": "PIXTRANS",
    "name": "PIX Transmissions Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 45.603,
    "architecture_energy": 33.439,
    "architecture_maturity": 80.095,
    "architecture_confidence": 58.535,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 25.8,
        "rotation_up": 39.93,
        "upward_expansion": 66.06,
        "deceleration": 65.3,
        "rotation_down": 25.58,
        "downward_expansion": 16.06
      },
      "activity_lines": [
        1732.204134,
        1739.419007,
        1677.005061,
        1622.326195
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 1717.199951,
    "trend_reference": 1547.036393,
    "distance_from_trend": 0.109993,
    "trend_direction": "Improving",
    "fair_value": 1511.895198,
    "distance_from_fair_value": 0.135793,
    "fair_value_direction": "Improving",
    "relative_strength": 15.153953,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.175279,
    "excess_performance": 0.218988,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.109993,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.06511,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.135793,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.091823,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.15154,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.081301,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.175279,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.92112,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 51922,
      "relative_activity": 0.705427,
      "balance": 0.92112,
      "dry_up": 1.185795,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.066892,
      "annualized_volatility": 0.267399,
      "from_high_reference": -0.113886,
      "from_low_reference": 0.407426
    },
    "levels": {
      "trend_reference": 1547.036393,
      "fair_value_reference": 1511.895198,
      "structural_low": 1365.099976,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": -0.004468,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.014224,
        "regime_survival": 0.733333,
        "best_return": 0.687762,
        "worst_return": -0.132872,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": -0.001022,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.049099,
        "regime_survival": 0.6,
        "best_return": 0.415577,
        "worst_return": -0.127561,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.110156,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.089904,
        "regime_survival": 0.0,
        "best_return": 0.235005,
        "worst_return": -0.014693,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.294997,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.176006,
        "regime_survival": 0.5,
        "best_return": 1.045762,
        "worst_return": -0.455769,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-03-08",
        "end": "2024-05-31",
        "tenure": "Established",
        "return": -0.004966,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-07",
        "end": "2024-07-19",
        "tenure": "Developing",
        "return": 0.152504,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-26",
        "end": "2024-08-30",
        "tenure": "Developing",
        "return": -0.076253,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-06",
        "end": "2024-09-20",
        "tenure": "New",
        "return": 0.03356,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-27",
        "end": "2025-01-10",
        "tenure": "Established",
        "return": 0.440718,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-17",
        "end": "2025-02-21",
        "tenure": "Developing",
        "return": -0.291462,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-02-28",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": 0.142277,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-04",
        "end": "2025-04-04",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-10-24",
        "tenure": "Extended",
        "return": -0.03522,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-31",
        "end": "2026-01-02",
        "tenure": "Developing",
        "return": -0.046834,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-09",
        "end": "2026-02-20",
        "tenure": "Developing",
        "return": 0.161241,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-27",
        "end": "2026-03-13",
        "tenure": "New",
        "return": -0.034647,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-20",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.066758,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.125147,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 1182.25354,
        "volume": 176157,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 1138.996094,
        "volume": 122758,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 1172.750732,
        "volume": 155051,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 1162.307495,
        "volume": 65508,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 1096.481079,
        "volume": 111095,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 1081.682495,
        "volume": 51030,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 1178.096069,
        "volume": 210272,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 1189.67749,
        "volume": 169148,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 1210.860718,
        "volume": 131850,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 1219.027222,
        "volume": 56501,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 1149.587646,
        "volume": 95665,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 1079.405762,
        "volume": 244403,
        "typical_volume": 265430.0,
        "trend": 1064.371204,
        "fair_value": 920.591987,
        "relative_strength": 10.171074,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 11.124698,
        "energy": 9.140884,
        "activity_lines": [
          1150.923999,
          1154.739517,
          1174.991734,
          1137.376288
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1088.710571,
        "volume": 50175,
        "typical_volume": 261733.65,
        "trend": 1074.439803,
        "fair_value": 922.667525,
        "relative_strength": 9.747855,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 5.829072,
        "energy": 9.774479,
        "activity_lines": [
          1123.9236,
          1142.870954,
          1168.06901,
          1138.94657
        ]
      },
      {
        "date": "2023-11-17",
        "close": 1241.249878,
        "volume": 361640,
        "typical_volume": 272189.05,
        "trend": 1090.235763,
        "fair_value": 926.552676,
        "relative_strength": 22.425064,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 30.861688,
        "energy": 15.516555,
        "activity_lines": [
          1154.500765,
          1160.264813,
          1174.829697,
          1149.708511
        ]
      },
      {
        "date": "2023-11-24",
        "close": 1288.367798,
        "volume": 194113,
        "typical_volume": 273511.45,
        "trend": 1106.712026,
        "fair_value": 930.911894,
        "relative_strength": 25.881725,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 58.816874,
        "energy": 27.072938,
        "activity_lines": [
          1198.757959,
          1184.79025,
          1184.501664,
          1162.491222
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1389.186279,
        "volume": 170995,
        "typical_volume": 239270.45,
        "trend": 1126.521033,
        "fair_value": 936.367541,
        "relative_strength": 31.537186,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 72.312423,
        "energy": 62.063663,
        "activity_lines": [
          1271.998608,
          1224.157471,
          1202.063885,
          1180.715368
        ]
      },
      {
        "date": "2023-12-08",
        "close": 1307.026855,
        "volume": 128501,
        "typical_volume": 182041.65,
        "trend": 1142.52239,
        "fair_value": 940.728239,
        "relative_strength": 18.946326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.130019,
        "energy": 60.818638,
        "activity_lines": [
          1301.879541,
          1242.995636,
          1210.861727,
          1192.360905
        ]
      },
      {
        "date": "2023-12-15",
        "close": 1367.508057,
        "volume": 283297,
        "typical_volume": 169939.15,
        "trend": 1157.500012,
        "fair_value": 945.690795,
        "relative_strength": 20.889655,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.747063,
        "energy": 68.907747,
        "activity_lines": [
          1336.746134,
          1270.486188,
          1224.997574,
          1206.876109
        ]
      },
      {
        "date": "2023-12-22",
        "close": 1352.956909,
        "volume": 67293,
        "typical_volume": 156148.0,
        "trend": 1170.22513,
        "fair_value": 950.372015,
        "relative_strength": 19.368598,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.955965,
        "energy": 65.181293,
        "activity_lines": [
          1348.175846,
          1292.097794,
          1237.74524,
          1219.486231
        ]
      },
      {
        "date": "2023-12-29",
        "close": 1279.458984,
        "volume": 41734,
        "typical_volume": 144359.3,
        "trend": 1180.22323,
        "fair_value": 954.11164,
        "relative_strength": 10.408441,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.213687,
        "energy": 38.38801,
        "activity_lines": [
          1327.659114,
          1297.762573,
          1244.113658,
          1226.533577
        ]
      },
      {
        "date": "2024-01-05",
        "close": 1301.186523,
        "volume": 45185,
        "typical_volume": 137810.7,
        "trend": 1191.847347,
        "fair_value": 958.011357,
        "relative_strength": 11.837959,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.887075,
        "energy": 33.411097,
        "activity_lines": [
          1314.978816,
          1306.279055,
          1252.914319,
          1234.33766
        ]
      },
      {
        "date": "2024-01-12",
        "close": 1280.646729,
        "volume": 74021,
        "typical_volume": 135373.85,
        "trend": 1204.142735,
        "fair_value": 961.596195,
        "relative_strength": 8.592802,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.176957,
        "energy": 22.998822,
        "activity_lines": [
          1301.318571,
          1308.304685,
          1259.192462,
          1240.066653
        ]
      },
      {
        "date": "2024-01-19",
        "close": 1244.41748,
        "volume": 49164,
        "typical_volume": 130079.5,
        "trend": 1215.241958,
        "fair_value": 964.704121,
        "relative_strength": 6.309172,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.227326,
        "energy": 16.946728,
        "activity_lines": [
          1277.340584,
          1300.084253,
          1261.345673,
          1242.665023
        ]
      },
      {
        "date": "2024-01-26",
        "close": 1248.871948,
        "volume": 32739,
        "typical_volume": 128441.05,
        "trend": 1226.529016,
        "fair_value": 967.792902,
        "relative_strength": 7.427357,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.512808,
        "energy": 16.014919,
        "activity_lines": [
          1263.053458,
          1289.842689,
          1263.581849,
          1244.8347
        ]
      },
      {
        "date": "2024-02-02",
        "close": 1259.166626,
        "volume": 38136,
        "typical_volume": 124793.1,
        "trend": 1237.53619,
        "fair_value": 970.925953,
        "relative_strength": 5.169831,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.402344,
        "energy": 15.816659,
        "activity_lines": [
          1259.13689,
          1281.334302,
          1266.386258,
          1246.940352
        ]
      },
      {
        "date": "2024-02-09",
        "close": 1271.638916,
        "volume": 134622,
        "typical_volume": 128972.7,
        "trend": 1240.195642,
        "fair_value": 974.125027,
        "relative_strength": 6.000699,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.704627,
        "energy": 14.662821,
        "activity_lines": [
          1260.730574,
          1275.624534,
          1269.603812,
          1249.140528
        ]
      },
      {
        "date": "2024-02-16",
        "close": 1288.615234,
        "volume": 107966,
        "typical_volume": 123857.4,
        "trend": 1242.53669,
        "fair_value": 977.43545,
        "relative_strength": 5.530715,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.583804,
        "energy": 13.999246,
        "activity_lines": [
          1269.952873,
          1275.138594,
          1273.533604,
          1252.264373
        ]
      },
      {
        "date": "2024-02-23",
        "close": 1325.091919,
        "volume": 139100,
        "typical_volume": 122355.0,
        "trend": 1241.139319,
        "fair_value": 981.056871,
        "relative_strength": 7.084168,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.023282,
        "energy": 24.169501,
        "activity_lines": [
          1290.802832,
          1281.619536,
          1280.411083,
          1257.590517
        ]
      },
      {
        "date": "2024-03-01",
        "close": 1363.845459,
        "volume": 275263,
        "typical_volume": 129525.65,
        "trend": 1237.158386,
        "fair_value": 985.003146,
        "relative_strength": 8.837284,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 58.202354,
        "energy": 40.649335,
        "activity_lines": [
          1319.192342,
          1295.917778,
          1290.334546,
          1265.507042
        ]
      },
      {
        "date": "2024-03-08",
        "close": 1305.690552,
        "volume": 73552,
        "typical_volume": 130378.2,
        "trend": 1235.492102,
        "fair_value": 988.275466,
        "relative_strength": 2.950901,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.828631,
        "energy": 40.142843,
        "activity_lines": [
          1320.531982,
          1299.444427,
          1293.990947,
          1269.928472
        ]
      },
      {
        "date": "2024-03-15",
        "close": 1272.282349,
        "volume": 106759,
        "typical_volume": 130932.9,
        "trend": 1238.493062,
        "fair_value": 991.144222,
        "relative_strength": 1.939486,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.361549,
        "energy": 31.679613,
        "activity_lines": [
          1307.63396,
          1296.41992,
          1294.052932,
          1272.302036
        ]
      },
      {
        "date": "2024-03-22",
        "close": 1287.427368,
        "volume": 43374,
        "typical_volume": 120881.45,
        "trend": 1243.440771,
        "fair_value": 994.107054,
        "relative_strength": 2.3498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.99009,
        "energy": 21.364047,
        "activity_lines": [
          1299.741382,
          1296.674583,
          1294.973039,
          1275.459088
        ]
      },
      {
        "date": "2024-03-29",
        "close": 1320.786011,
        "volume": 66914,
        "typical_volume": 121718.4,
        "trend": 1248.375281,
        "fair_value": 997.341499,
        "relative_strength": 3.358728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.96023,
        "energy": 19.133443,
        "activity_lines": [
          1303.047542,
          1302.871169,
          1298.079581,
          1280.449104
        ]
      },
      {
        "date": "2024-04-05",
        "close": 1469.068848,
        "volume": 415227,
        "typical_volume": 124397.75,
        "trend": 1258.600659,
        "fair_value": 1001.966277,
        "relative_strength": 13.220096,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.575842,
        "energy": 39.353446,
        "activity_lines": [
          1356.068376,
          1334.639753,
          1314.203177,
          1294.687398
        ]
      },
      {
        "date": "2024-04-12",
        "close": 1384.434814,
        "volume": 76824,
        "typical_volume": 118533.3,
        "trend": 1268.199117,
        "fair_value": 1005.679564,
        "relative_strength": 6.056308,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.894816,
        "energy": 44.996152,
        "activity_lines": [
          1373.862972,
          1347.01675,
          1321.181536,
          1302.805731
        ]
      },
      {
        "date": "2024-04-19",
        "close": 1333.852417,
        "volume": 53745,
        "typical_volume": 112670.8,
        "trend": 1276.604781,
        "fair_value": 1008.835072,
        "relative_strength": 3.327566,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.2027,
        "energy": 44.421273,
        "activity_lines": [
          1369.547152,
          1347.919345,
          1322.885062,
          1307.041428
        ]
      },
      {
        "date": "2024-04-26",
        "close": 1373.10083,
        "volume": 71139,
        "typical_volume": 109802.7,
        "trend": 1283.10494,
        "fair_value": 1012.30427,
        "relative_strength": 4.477089,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.386971,
        "energy": 44.172742,
        "activity_lines": [
          1374.209464,
          1354.82686,
          1328.590027,
          1313.266979
        ]
      },
      {
        "date": "2024-05-03",
        "close": 1314.698364,
        "volume": 38603,
        "typical_volume": 97568.0,
        "trend": 1287.272302,
        "fair_value": 1015.157044,
        "relative_strength": -0.687885,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.164939,
        "energy": 21.092439,
        "activity_lines": [
          1353.692724,
          1349.579643,
          1328.418214,
          1315.305265
        ]
      },
      {
        "date": "2024-05-10",
        "close": 1288.219238,
        "volume": 45125,
        "typical_volume": 96459.6,
        "trend": 1289.85092,
        "fair_value": 1017.709027,
        "relative_strength": -1.259449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 22.047334,
        "energy": 12.037068,
        "activity_lines": [
          1324.755452,
          1339.707013,
          1325.976054,
          1315.366357
        ]
      },
      {
        "date": "2024-05-17",
        "close": 1316.232544,
        "volume": 40501,
        "typical_volume": 96397.95,
        "trend": 1293.091097,
        "fair_value": 1020.473134,
        "relative_strength": -1.219121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 23.338057,
        "energy": 13.03096,
        "activity_lines": [
          1317.212589,
          1336.302734,
          1326.510103,
          1317.068398
        ]
      },
      {
        "date": "2024-05-24",
        "close": 1368.299927,
        "volume": 140361,
        "typical_volume": 101156.75,
        "trend": 1300.381506,
        "fair_value": 1023.664205,
        "relative_strength": 0.261258,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 29.906932,
        "energy": 14.80814,
        "activity_lines": [
          1331.572339,
          1342.17358,
          1331.827838,
          1321.92058
        ]
      },
      {
        "date": "2024-05-31",
        "close": 1299.206909,
        "volume": 170995,
        "typical_volume": 106005.45,
        "trend": 1307.708211,
        "fair_value": 1026.169139,
        "relative_strength": -3.150663,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 17.374376,
        "energy": 9.781519,
        "activity_lines": [
          1320.604582,
          1333.736284,
          1330.245698,
          1321.8448
        ]
      },
      {
        "date": "2024-06-07",
        "close": 1287.823242,
        "volume": 123219,
        "typical_volume": 109708.2,
        "trend": 1314.3453,
        "fair_value": 1028.526383,
        "relative_strength": -7.249089,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.953202,
        "energy": 7.019335,
        "activity_lines": [
          1310.76853,
          1323.015057,
          1327.491018,
          1320.561899
        ]
      },
      {
        "date": "2024-06-14",
        "close": 1290.297974,
        "volume": 109970,
        "typical_volume": 113569.75,
        "trend": 1315.980237,
        "fair_value": 1030.863629,
        "relative_strength": -7.960278,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.553878,
        "energy": 9.035844,
        "activity_lines": [
          1303.549064,
          1313.343104,
          1324.765332,
          1319.010458
        ]
      },
      {
        "date": "2024-06-21",
        "close": 1308.907593,
        "volume": 75948,
        "typical_volume": 115460.35,
        "trend": 1316.664897,
        "fair_value": 1033.324196,
        "relative_strength": -6.979419,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.895148,
        "energy": 10.972431,
        "activity_lines": [
          1302.394222,
          1310.305098,
          1323.614724,
          1318.554159
        ]
      },
      {
        "date": "2024-06-28",
        "close": 1367.557495,
        "volume": 680611,
        "typical_volume": 142759.8,
        "trend": 1315.943937,
        "fair_value": 1036.256067,
        "relative_strength": -5.163629,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 32.286726,
        "energy": 12.934849,
        "activity_lines": [
          1321.277677,
          1319.303933,
          1327.812959,
          1321.837552
        ]
      },
      {
        "date": "2024-07-05",
        "close": 1408.389771,
        "volume": 180401,
        "typical_volume": 146381.55,
        "trend": 1319.322701,
        "fair_value": 1039.492012,
        "relative_strength": -3.892901,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 41.349177,
        "energy": 25.117966,
        "activity_lines": [
          1353.821387,
          1335.113998,
          1335.443227,
          1327.801799
        ]
      },
      {
        "date": "2024-07-12",
        "close": 1417.744019,
        "volume": 405283,
        "typical_volume": 159690.7,
        "trend": 1320.997233,
        "fair_value": 1042.752805,
        "relative_strength": -3.864771,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.213069,
        "energy": 40.308278,
        "activity_lines": [
          1382.204322,
          1351.983219,
          1343.394022,
          1334.151562
        ]
      },
      {
        "date": "2024-07-19",
        "close": 1484.222046,
        "volume": 1830193,
        "typical_volume": 237437.2,
        "trend": 1325.372738,
        "fair_value": 1046.526046,
        "relative_strength": 0.563671,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 63.094894,
        "energy": 54.195538,
        "activity_lines": [
          1424.085213,
          1379.065796,
          1357.234856,
          1344.682195
        ]
      },
      {
        "date": "2024-07-26",
        "close": 1616.05127,
        "volume": 414553,
        "typical_volume": 254487.25,
        "trend": 1336.59248,
        "fair_value": 1051.352531,
        "relative_strength": 8.311822,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.431736,
        "energy": 70.92597,
        "activity_lines": [
          1496.980909,
          1426.553636,
          1383.057632,
          1363.435649
        ]
      },
      {
        "date": "2024-08-02",
        "close": 1519.118042,
        "volume": 150596,
        "typical_volume": 256679.1,
        "trend": 1343.856864,
        "fair_value": 1055.283334,
        "relative_strength": 2.776019,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.886718,
        "energy": 64.823025,
        "activity_lines": [
          1517.089282,
          1450.966003,
          1398.170765,
          1375.211491
        ]
      },
      {
        "date": "2024-08-09",
        "close": 1496.450439,
        "volume": 250554,
        "typical_volume": 267038.1,
        "trend": 1351.050321,
        "fair_value": 1058.959726,
        "relative_strength": 2.974528,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.612372,
        "energy": 59.638772,
        "activity_lines": [
          1519.537752,
          1468.514839,
          1409.94967,
          1385.056238
        ]
      },
      {
        "date": "2024-08-16",
        "close": 1537.659668,
        "volume": 432485,
        "typical_volume": 285316.65,
        "trend": 1360.825061,
        "fair_value": 1062.915924,
        "relative_strength": 5.013049,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.431905,
        "energy": 49.688348,
        "activity_lines": [
          1529.851921,
          1489.970017,
          1424.657915,
          1397.095551
        ]
      },
      {
        "date": "2024-08-23",
        "close": 1455.241455,
        "volume": 264343,
        "typical_volume": 277772.45,
        "trend": 1367.704045,
        "fair_value": 1066.131707,
        "relative_strength": -1.728967,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.62577,
        "energy": 30.951126,
        "activity_lines": [
          1504.698975,
          1491.897585,
          1430.484076,
          1403.186931
        ]
      },
      {
        "date": "2024-08-30",
        "close": 1492.821777,
        "volume": 265887,
        "typical_volume": 287225.6,
        "trend": 1375.49255,
        "fair_value": 1069.600732,
        "relative_strength": -0.802056,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.370472,
        "energy": 23.523335,
        "activity_lines": [
          1494.004842,
          1497.658967,
          1439.955159,
          1411.259043
        ]
      },
      {
        "date": "2024-09-06",
        "close": 1497.494385,
        "volume": 412545,
        "typical_volume": 305165.6,
        "trend": 1383.021065,
        "fair_value": 1073.051488,
        "relative_strength": 0.992453,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.076813,
        "energy": 21.64505,
        "activity_lines": [
          1493.083545,
          1500.926019,
          1449.355124,
          1419.130129
        ]
      },
      {
        "date": "2024-09-13",
        "close": 1518.074097,
        "volume": 623823,
        "typical_volume": 332799.8,
        "trend": 1390.669694,
        "fair_value": 1076.611668,
        "relative_strength": 0.164245,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.85746,
        "energy": 20.262761,
        "activity_lines": [
          1500.463729,
          1505.572348,
          1459.935814,
          1427.843228
        ]
      },
      {
        "date": "2024-09-20",
        "close": 1547.75061,
        "volume": 3057289,
        "typical_volume": 483734.1,
        "trend": 1398.09165,
        "fair_value": 1080.350866,
        "relative_strength": 0.2398,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.289673,
        "energy": 26.889458,
        "activity_lines": [
          1516.294507,
          1513.620146,
          1472.65249,
          1437.97748
        ]
      },
      {
        "date": "2024-09-27",
        "close": 1556.300659,
        "volume": 836558,
        "typical_volume": 523305.75,
        "trend": 1404.506824,
        "fair_value": 1084.098503,
        "relative_strength": -0.683061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.369703,
        "energy": 29.26728,
        "activity_lines": [
          1534.302572,
          1520.858742,
          1485.073684,
          1448.184513
        ]
      },
      {
        "date": "2024-10-04",
        "close": 1551.926147,
        "volume": 1071342,
        "typical_volume": 574847.8,
        "trend": 1412.714677,
        "fair_value": 1087.753406,
        "relative_strength": 3.597468,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.426631,
        "energy": 29.227592,
        "activity_lines": [
          1544.115185,
          1525.991453,
          1495.801679,
          1457.695437
        ]
      },
      {
        "date": "2024-10-11",
        "close": 1521.106323,
        "volume": 383716,
        "typical_volume": 587015.55,
        "trend": 1421.008809,
        "fair_value": 1091.112731,
        "relative_strength": 1.757157,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.393405,
        "energy": 27.392121,
        "activity_lines": [
          1539.714233,
          1526.68647,
          1502.472103,
          1464.688447
        ]
      },
      {
        "date": "2024-10-18",
        "close": 1535.074707,
        "volume": 291758,
        "typical_volume": 593053.7,
        "trend": 1429.263721,
        "fair_value": 1094.527823,
        "relative_strength": 3.167268,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.698825,
        "energy": 26.081498,
        "activity_lines": [
          1538.39528,
          1529.885043,
          1509.745199,
          1472.047537
        ]
      },
      {
        "date": "2024-10-25",
        "close": 1409.906616,
        "volume": 383246,
        "typical_volume": 606055.05,
        "trend": 1432.234408,
        "fair_value": 1096.935295,
        "relative_strength": -2.542556,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 21.753302,
        "energy": 10.359504,
        "activity_lines": [
          1494.220255,
          1509.623522,
          1503.974345,
          1470.798691
        ]
      },
      {
        "date": "2024-11-01",
        "close": 1604.071289,
        "volume": 353554,
        "typical_volume": 618234.25,
        "trend": 1436.734489,
        "fair_value": 1100.777234,
        "relative_strength": 9.966246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.620354,
        "energy": 19.38436,
        "activity_lines": [
          1523.956388,
          1526.987451,
          1516.114015,
          1481.884942
        ]
      },
      {
        "date": "2024-11-08",
        "close": 1673.217041,
        "volume": 671521,
        "typical_volume": 648012.9,
        "trend": 1446.360563,
        "fair_value": 1105.081293,
        "relative_strength": 14.960393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.027108,
        "energy": 33.338917,
        "activity_lines": [
          1573.556396,
          1554.217338,
          1533.344836,
          1497.141881
        ]
      },
      {
        "date": "2024-11-15",
        "close": 2144.561279,
        "volume": 2141032,
        "typical_volume": 721033.95,
        "trend": 1473.384192,
        "fair_value": 1112.838606,
        "relative_strength": 49.849001,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.931287,
        "energy": 77.588241,
        "activity_lines": [
          1772.185091,
          1663.866264,
          1593.730777,
          1542.187088
        ]
      },
      {
        "date": "2024-11-22",
        "close": 2379.586914,
        "volume": 886220,
        "typical_volume": 756324.9,
        "trend": 1506.933728,
        "fair_value": 1122.221927,
        "relative_strength": 61.902646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.852806,
        "energy": 93.963703,
        "activity_lines": [
          2007.592,
          1804.482271,
          1672.800095,
          1600.65178
        ]
      },
      {
        "date": "2024-11-29",
        "close": 2530.653809,
        "volume": 2569794,
        "typical_volume": 864550.45,
        "trend": 1547.465576,
        "fair_value": 1132.578044,
        "relative_strength": 68.666957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.588684,
        "energy": 96.074952,
        "activity_lines": [
          2237.053727,
          1956.901116,
          1761.631987,
          1666.698237
        ]
      },
      {
        "date": "2024-12-06",
        "close": 2673.866455,
        "volume": 763825,
        "typical_volume": 811232.05,
        "trend": 1593.653817,
        "fair_value": 1143.828324,
        "relative_strength": 71.818329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.787627,
        "energy": 96.141582,
        "activity_lines": [
          2439.536523,
          2117.487658,
          1858.803609,
          1739.369261
        ]
      },
      {
        "date": "2024-12-13",
        "close": 2484.921143,
        "volume": 276791,
        "typical_volume": 804343.95,
        "trend": 1632.610103,
        "fair_value": 1153.546388,
        "relative_strength": 57.337809,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.220426,
        "energy": 88.256423,
        "activity_lines": [
          2507.717871,
          2223.401128,
          1932.315465,
          1796.870379
        ]
      },
      {
        "date": "2024-12-20",
        "close": 2376.753418,
        "volume": 170423,
        "typical_volume": 805335.3,
        "trend": 1666.22522,
        "fair_value": 1162.346439,
        "relative_strength": 56.260393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.501023,
        "energy": 81.833094,
        "activity_lines": [
          2485.729704,
          2292.684193,
          1991.388158,
          1844.879625
        ]
      },
      {
        "date": "2024-12-27",
        "close": 2410.257813,
        "volume": 105694,
        "typical_volume": 798092.3,
        "trend": 1703.26025,
        "fair_value": 1171.260091,
        "relative_strength": 55.00281,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.207043,
        "energy": 64.242676,
        "activity_lines": [
          2459.430192,
          2352.501747,
          2049.567768,
          1892.881728
        ]
      },
      {
        "date": "2025-01-03",
        "close": 2504.307617,
        "volume": 121922,
        "typical_volume": 782564.15,
        "trend": 1743.809729,
        "fair_value": 1180.714329,
        "relative_strength": 57.705495,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.264233,
        "energy": 59.30749,
        "activity_lines": [
          2462.435889,
          2413.506845,
          2112.353038,
          1944.562203
        ]
      },
      {
        "date": "2025-01-10",
        "close": 2242.19043,
        "volume": 144391,
        "typical_volume": 776566.55,
        "trend": 1775.539478,
        "fair_value": 1188.189513,
        "relative_strength": 43.105863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.197767,
        "energy": 42.738837,
        "activity_lines": [
          2379.825602,
          2406.956073,
          2145.571681,
          1976.715797
        ]
      },
      {
        "date": "2025-01-17",
        "close": 2060.949951,
        "volume": 180818,
        "typical_volume": 772313.1,
        "trend": 1800.607556,
        "fair_value": 1194.292733,
        "relative_strength": 31.648664,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.605311,
        "energy": 30.412696,
        "activity_lines": [
          2265.580225,
          2355.85032,
          2157.78195,
          1995.129376
        ]
      },
      {
        "date": "2025-01-24",
        "close": 1995.830811,
        "volume": 76965,
        "typical_volume": 755534.1,
        "trend": 1821.55,
        "fair_value": 1199.858969,
        "relative_strength": 27.089679,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.077303,
        "energy": 24.085179,
        "activity_lines": [
          2157.893213,
          2285.855034,
          2161.085024,
          2007.724424
        ]
      },
      {
        "date": "2025-01-31",
        "close": 2101.811279,
        "volume": 172087,
        "typical_volume": 732947.3,
        "trend": 1844.66405,
        "fair_value": 1206.07933,
        "relative_strength": 30.297454,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.945799,
        "energy": 26.043209,
        "activity_lines": [
          2110.927865,
          2237.833114,
          2172.108445,
          2025.805797
        ]
      },
      {
        "date": "2025-02-07",
        "close": 2100.817139,
        "volume": 86327,
        "typical_volume": 584399.2,
        "trend": 1867.433154,
        "fair_value": 1212.207671,
        "relative_strength": 28.839087,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.893327,
        "energy": 23.207524,
        "activity_lines": [
          2084.194238,
          2194.680908,
          2180.257485,
          2042.331803
        ]
      },
      {
        "date": "2025-02-14",
        "close": 1801.665894,
        "volume": 83397,
        "typical_volume": 546741.15,
        "trend": 1878.014616,
        "fair_value": 1216.217591,
        "relative_strength": 12.901099,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.264414,
        "energy": 21.505087,
        "activity_lines": [
          1984.642896,
          2104.952779,
          2157.282281,
          2038.088754
        ]
      },
      {
        "date": "2025-02-21",
        "close": 1460.262207,
        "volume": 480396,
        "typical_volume": 517193.85,
        "trend": 1872.821647,
        "fair_value": 1217.866541,
        "relative_strength": -8.069472,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -44.044381,
        "energy": 44.487282,
        "activity_lines": [
          1800.658626,
          1969.009444,
          2100.624033,
          2011.136986
        ]
      },
      {
        "date": "2025-02-28",
        "close": 1420.246094,
        "volume": 91384,
        "typical_volume": 502577.25,
        "trend": 1869.525916,
        "fair_value": 1219.224793,
        "relative_strength": -7.955952,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.225076,
        "energy": 70.093544,
        "activity_lines": [
          1643.381502,
          1844.420615,
          2040.591223,
          1981.938563
        ]
      },
      {
        "date": "2025-03-07",
        "close": 1553.864746,
        "volume": 166255,
        "typical_volume": 496302.1,
        "trend": 1871.439726,
        "fair_value": 1221.455726,
        "relative_strength": -1.501344,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.755352,
        "energy": 68.628239,
        "activity_lines": [
          1569.016244,
          1761.517128,
          1993.764285,
          1961.573326
        ]
      },
      {
        "date": "2025-03-14",
        "close": 1574.14624,
        "volume": 159877,
        "typical_volume": 485133.65,
        "trend": 1872.655945,
        "fair_value": 1223.791425,
        "relative_strength": 0.131712,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.608504,
        "energy": 68.760284,
        "activity_lines": [
          1537.941252,
          1697.871968,
          1948.779441,
          1942.393101
        ]
      },
      {
        "date": "2025-03-21",
        "close": 1752.901123,
        "volume": 147317,
        "typical_volume": 474821.8,
        "trend": 1882.577934,
        "fair_value": 1227.27241,
        "relative_strength": 6.460432,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.207241,
        "energy": 56.971423,
        "activity_lines": [
          1601.562614,
          1683.639722,
          1920.036779,
          1934.666984
        ]
      },
      {
        "date": "2025-03-28",
        "close": 1622.314697,
        "volume": 156795,
        "typical_volume": 449085.5,
        "trend": 1886.894364,
        "fair_value": 1229.854386,
        "relative_strength": -2.439673,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.087753,
        "energy": 35.119596,
        "activity_lines": [
          1624.906152,
          1654.560658,
          1878.1486,
          1917.875807
        ]
      },
      {
        "date": "2025-04-04",
        "close": 1491.429932,
        "volume": 97832,
        "typical_volume": 346925.5,
        "trend": 1886.692216,
        "fair_value": 1231.552928,
        "relative_strength": -7.899364,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -42.159168,
        "energy": 36.919627,
        "activity_lines": [
          1593.817936,
          1609.65955,
          1824.037598,
          1892.361973
        ]
      },
      {
        "date": "2025-04-11",
        "close": 1507.287109,
        "volume": 96056,
        "typical_volume": 307417.3,
        "trend": 1886.33265,
        "fair_value": 1233.331858,
        "relative_strength": -6.726079,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.912566,
        "energy": 45.348005,
        "activity_lines": [
          1563.269857,
          1576.812491,
          1774.546953,
          1867.884224
        ]
      },
      {
        "date": "2025-04-18",
        "close": 1516.731934,
        "volume": 66784,
        "typical_volume": 182266.8,
        "trend": 1885.298694,
        "fair_value": 1235.148526,
        "relative_strength": -10.249601,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.366863,
        "energy": 49.30935,
        "activity_lines": [
          1538.975228,
          1556.492203,
          1730.109623,
          1844.039016
        ]
      },
      {
        "date": "2025-04-25",
        "close": 1468.414429,
        "volume": 152415,
        "typical_volume": 151696.3,
        "trend": 1882.369153,
        "fair_value": 1237.969687,
        "relative_strength": -13.783403,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.711128,
        "energy": 62.534,
        "activity_lines": [
          1502.402385,
          1538.006645,
          1685.898826,
          1817.143257
        ]
      },
      {
        "date": "2025-05-02",
        "close": 1519.316772,
        "volume": 178535,
        "typical_volume": 146783.5,
        "trend": 1881.282174,
        "fair_value": 1241.699406,
        "relative_strength": -12.014204,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.533542,
        "energy": 54.822964,
        "activity_lines": [
          1501.762769,
          1534.835176,
          1652.276118,
          1793.720523
        ]
      },
      {
        "date": "2025-05-09",
        "close": 1483.62561,
        "volume": 144980,
        "typical_volume": 145511.35,
        "trend": 1880.032817,
        "fair_value": 1246.060577,
        "relative_strength": -12.948982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.841984,
        "energy": 46.297655,
        "activity_lines": [
          1496.092627,
          1524.100686,
          1619.852369,
          1768.065261
        ]
      },
      {
        "date": "2025-05-16",
        "close": 1697.17688,
        "volume": 132824,
        "typical_volume": 146867.85,
        "trend": 1885.436222,
        "fair_value": 1251.770946,
        "relative_strength": -4.684753,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.341628,
        "energy": 32.175111,
        "activity_lines": [
          1562.12653,
          1551.041344,
          1612.019825,
          1756.268104
        ]
      },
      {
        "date": "2025-05-23",
        "close": 1722.628052,
        "volume": 128652,
        "typical_volume": 147204.35,
        "trend": 1895.86027,
        "fair_value": 1257.889575,
        "relative_strength": -2.861546,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.904981,
        "energy": 22.530255,
        "activity_lines": [
          1623.984839,
          1580.003813,
          1610.006825,
          1745.764351
        ]
      },
      {
        "date": "2025-05-30",
        "close": 1658.503052,
        "volume": 404369,
        "typical_volume": 160203.25,
        "trend": 1897.674662,
        "fair_value": 1263.150435,
        "relative_strength": -6.326327,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.090036,
        "energy": 21.981711,
        "activity_lines": [
          1650.74174,
          1594.607522,
          1605.608967,
          1730.450982
        ]
      },
      {
        "date": "2025-06-06",
        "close": 1591.296021,
        "volume": 321734,
        "typical_volume": 167249.05,
        "trend": 1894.943962,
        "fair_value": 1267.840236,
        "relative_strength": -11.228614,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.037334,
        "energy": 19.197711,
        "activity_lines": [
          1642.423723,
          1598.708099,
          1597.589903,
          1710.684618
        ]
      },
      {
        "date": "2025-06-13",
        "close": 1554.510986,
        "volume": 155073,
        "typical_volume": 171154.45,
        "trend": 1875.275619,
        "fair_value": 1272.915002,
        "relative_strength": -12.468278,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.934342,
        "energy": 16.134569,
        "activity_lines": [
          1617.04541,
          1596.684464,
          1588.303949,
          1688.7212
        ]
      },
      {
        "date": "2025-06-20",
        "close": 1569.523193,
        "volume": 117055,
        "typical_volume": 168402.85,
        "trend": 1848.273495,
        "fair_value": 1277.885338,
        "relative_strength": -13.167002,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.394736,
        "energy": 24.439556,
        "activity_lines": [
          1591.945475,
          1596.243393,
          1582.549252,
          1668.995237
        ]
      },
      {
        "date": "2025-06-27",
        "close": 1587.319214,
        "volume": 207419,
        "typical_volume": 174457.45,
        "trend": 1816.829008,
        "fair_value": 1282.982273,
        "relative_strength": -14.095877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.32338,
        "energy": 26.124873,
        "activity_lines": [
          1581.287793,
          1597.906396,
          1581.024119,
          1652.159477
        ]
      },
      {
        "date": "2025-07-04",
        "close": 1594.875,
        "volume": 148115,
        "typical_volume": 177693.35,
        "trend": 1780.862626,
        "fair_value": 1287.964861,
        "relative_strength": -13.197354,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.312841,
        "energy": 24.525251,
        "activity_lines": [
          1582.169295,
          1599.659775,
          1582.663814,
          1637.839864
        ]
      },
      {
        "date": "2025-07-11",
        "close": 1533.732544,
        "volume": 121498,
        "typical_volume": 159748.45,
        "trend": 1749.15634,
        "fair_value": 1292.372949,
        "relative_strength": -15.562597,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.371715,
        "energy": 27.300453,
        "activity_lines": [
          1566.911849,
          1587.997059,
          1579.465136,
          1621.895987
        ]
      },
      {
        "date": "2025-07-18",
        "close": 1533.900024,
        "volume": 134498,
        "typical_volume": 161904.15,
        "trend": 1721.061226,
        "fair_value": 1296.5841,
        "relative_strength": -14.960736,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.40829,
        "energy": 25.908253,
        "activity_lines": [
          1555.547794,
          1576.10269,
          1575.932549,
          1608.008483
        ]
      },
      {
        "date": "2025-07-25",
        "close": 1507.699951,
        "volume": 164460,
        "typical_volume": 161814.4,
        "trend": 1690.975964,
        "fair_value": 1300.255244,
        "relative_strength": -15.873227,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.783427,
        "energy": 32.335177,
        "activity_lines": [
          1536.824446,
          1558.530591,
          1569.363508,
          1594.24324
        ]
      },
      {
        "date": "2025-08-01",
        "close": 1510.900024,
        "volume": 97593,
        "typical_volume": 158700.2,
        "trend": 1657.862378,
        "fair_value": 1304.117166,
        "relative_strength": -14.763456,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.01644,
        "energy": 39.360023,
        "activity_lines": [
          1523.289339,
          1544.985358,
          1563.319069,
          1582.625437
        ]
      },
      {
        "date": "2025-08-08",
        "close": 1520.099976,
        "volume": 121879,
        "typical_volume": 157428.3,
        "trend": 1633.792696,
        "fair_value": 1307.796539,
        "relative_strength": -13.555868,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.656612,
        "energy": 37.74343,
        "activity_lines": [
          1517.915495,
          1536.962444,
          1558.451988,
          1573.73754
        ]
      },
      {
        "date": "2025-08-15",
        "close": 1354.5,
        "volume": 565665,
        "typical_volume": 177871.8,
        "trend": 1610.244364,
        "fair_value": 1310.796521,
        "relative_strength": -23.655274,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.261027,
        "energy": 64.115303,
        "activity_lines": [
          1462.32666,
          1501.346864,
          1538.922057,
          1555.718657
        ]
      },
      {
        "date": "2025-08-22",
        "close": 1379.400024,
        "volume": 74886,
        "typical_volume": 176724.5,
        "trend": 1589.696672,
        "fair_value": 1313.964631,
        "relative_strength": -22.933319,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.127611,
        "energy": 67.666325,
        "activity_lines": [
          1426.98667,
          1474.563943,
          1523.038866,
          1540.825473
        ]
      },
      {
        "date": "2025-08-29",
        "close": 1380.199951,
        "volume": 49000,
        "typical_volume": 174371.7,
        "trend": 1565.642961,
        "fair_value": 1316.91968,
        "relative_strength": -21.433703,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.946376,
        "energy": 73.186978,
        "activity_lines": [
          1402.213322,
          1451.110298,
          1507.765334,
          1527.309556
        ]
      },
      {
        "date": "2025-09-05",
        "close": 1429.599976,
        "volume": 59145,
        "typical_volume": 173989.75,
        "trend": 1543.269055,
        "fair_value": 1320.199594,
        "relative_strength": -19.601794,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.578369,
        "energy": 71.214166,
        "activity_lines": [
          1402.406649,
          1440.080717,
          1497.801743,
          1518.532589
        ]
      },
      {
        "date": "2025-09-12",
        "close": 1425.900024,
        "volume": 46348,
        "typical_volume": 168686.4,
        "trend": 1530.743526,
        "fair_value": 1323.83573,
        "relative_strength": -20.935462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.000648,
        "energy": 58.519515,
        "activity_lines": [
          1406.786662,
          1431.24604,
          1487.900689,
          1510.960394
        ]
      },
      {
        "date": "2025-09-19",
        "close": 1424.099976,
        "volume": 58413,
        "typical_volume": 162680.3,
        "trend": 1529.538118,
        "fair_value": 1327.520865,
        "relative_strength": -21.620119,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.004383,
        "energy": 39.200749,
        "activity_lines": [
          1416.846655,
          1425.156354,
          1478.030652,
          1504.080164
        ]
      },
      {
        "date": "2025-09-26",
        "close": 1437.900024,
        "volume": 56370,
        "typical_volume": 158249.8,
        "trend": 1530.126583,
        "fair_value": 1331.19262,
        "relative_strength": -18.677831,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.195919,
        "energy": 28.021961,
        "activity_lines": [
          1426.866667,
          1423.569087,
          1469.928319,
          1498.168029
        ]
      },
      {
        "date": "2025-10-03",
        "close": 1477.900024,
        "volume": 54230,
        "typical_volume": 154320.1,
        "trend": 1527.594425,
        "fair_value": 1335.030923,
        "relative_strength": -17.160502,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.850853,
        "energy": 21.102444,
        "activity_lines": [
          1446.320011,
          1431.000002,
          1465.85325,
          1494.798574
        ]
      },
      {
        "date": "2025-10-10",
        "close": 1447.800049,
        "volume": 46472,
        "typical_volume": 150211.1,
        "trend": 1523.382886,
        "fair_value": 1338.967302,
        "relative_strength": -20.024065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.716973,
        "energy": 17.984722,
        "activity_lines": [
          1449.226693,
          1433.500011,
          1459.955693,
          1489.65055
        ]
      },
      {
        "date": "2025-10-17",
        "close": 1453.900024,
        "volume": 58013,
        "typical_volume": 132893.3,
        "trend": 1513.416182,
        "fair_value": 1342.827068,
        "relative_strength": -20.902404,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.66775,
        "energy": 16.610421,
        "activity_lines": [
          1452.953361,
          1438.256379,
          1455.94779,
          1485.167784
        ]
      },
      {
        "date": "2025-10-24",
        "close": 1454.199951,
        "volume": 36978,
        "typical_volume": 118655.5,
        "trend": 1507.812358,
        "fair_value": 1346.912937,
        "relative_strength": -21.106708,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.165523,
        "energy": 16.012245,
        "activity_lines": [
          1454.913338,
          1444.270914,
          1452.942752,
          1481.347382
        ]
      },
      {
        "date": "2025-10-31",
        "close": 1473.300049,
        "volume": 39595,
        "typical_volume": 112881.6,
        "trend": 1507.208028,
        "fair_value": 1350.710718,
        "relative_strength": -19.654901,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.788139,
        "energy": 13.778317,
        "activity_lines": [
          1461.23335,
          1451.945468,
          1452.40961,
          1479.120782
        ]
      },
      {
        "date": "2025-11-07",
        "close": 1479.5,
        "volume": 56844,
        "typical_volume": 109871.05,
        "trend": 1506.281791,
        "fair_value": 1354.337304,
        "relative_strength": -18.341612,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.321675,
        "energy": 10.467272,
        "activity_lines": [
          1467.26001,
          1459.040012,
          1452.853657,
          1477.333167
        ]
      },
      {
        "date": "2025-11-14",
        "close": 1458.199951,
        "volume": 83837,
        "typical_volume": 103691.95,
        "trend": 1504.330725,
        "fair_value": 1358.227471,
        "relative_strength": -20.061028,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.357377,
        "energy": 11.22557,
        "activity_lines": [
          1466.079989,
          1460.456365,
          1451.697811,
          1474.231113
        ]
      },
      {
        "date": "2025-11-21",
        "close": 1453.099976,
        "volume": 107680,
        "typical_volume": 101670.2,
        "trend": 1503.820243,
        "fair_value": 1361.800227,
        "relative_strength": -19.865172,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.79765,
        "energy": 9.891174,
        "activity_lines": [
          1462.506649,
          1460.425451,
          1450.671106,
          1470.925903
        ]
      },
      {
        "date": "2025-11-28",
        "close": 1457.900024,
        "volume": 44332,
        "typical_volume": 97811.9,
        "trend": 1501.773018,
        "fair_value": 1365.445058,
        "relative_strength": -18.910377,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.551834,
        "energy": 12.027496,
        "activity_lines": [
          1460.586662,
          1460.772727,
          1450.776668,
          1467.963308
        ]
      },
      {
        "date": "2025-12-05",
        "close": 1455.199951,
        "volume": 34099,
        "typical_volume": 92791.95,
        "trend": 1500.825496,
        "fair_value": 1369.196179,
        "relative_strength": -17.793476,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.906779,
        "energy": 14.759726,
        "activity_lines": [
          1457.519979,
          1460.014535,
          1450.986187,
          1464.958594
        ]
      },
      {
        "date": "2025-12-12",
        "close": 1453.0,
        "volume": 41361,
        "typical_volume": 86637.0,
        "trend": 1492.686267,
        "fair_value": 1372.985854,
        "relative_strength": -16.419034,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.35448,
        "energy": 14.892868,
        "activity_lines": [
          1454.926652,
          1458.541808,
          1451.360949,
          1461.873079
        ]
      },
      {
        "date": "2025-12-19",
        "close": 1451.800049,
        "volume": 38897,
        "typical_volume": 83702.2,
        "trend": 1483.658667,
        "fair_value": 1377.248989,
        "relative_strength": -15.132207,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.980084,
        "energy": 15.071293,
        "activity_lines": [
          1453.700008,
          1457.303635,
          1451.881906,
          1459.235258
        ]
      },
      {
        "date": "2025-12-26",
        "close": 1430.699951,
        "volume": 21062,
        "typical_volume": 78661.35,
        "trend": 1476.06523,
        "fair_value": 1381.012692,
        "relative_strength": -15.467497,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.189866,
        "energy": 21.630865,
        "activity_lines": [
          1445.866658,
          1452.156354,
          1450.674759,
          1455.818567
        ]
      },
      {
        "date": "2026-01-02",
        "close": 1404.300049,
        "volume": 20395,
        "typical_volume": 51397.85,
        "trend": 1469.832031,
        "fair_value": 1384.720043,
        "relative_strength": -16.672213,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -61.842749,
        "energy": 42.269613,
        "activity_lines": [
          1430.726676,
          1442.63091,
          1447.379049,
          1451.188555
        ]
      },
      {
        "date": "2026-01-09",
        "close": 1311.699951,
        "volume": 61614,
        "typical_volume": 50734.25,
        "trend": 1461.73833,
        "fair_value": 1388.037806,
        "relative_strength": -19.127334,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.430995,
        "energy": 74.612239,
        "activity_lines": [
          1388.293327,
          1417.176356,
          1435.02714,
          1440.986485
        ]
      },
      {
        "date": "2026-01-16",
        "close": 1303.400024,
        "volume": 38577,
        "typical_volume": 50213.1,
        "trend": 1452.867558,
        "fair_value": 1391.385288,
        "relative_strength": -18.730853,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.173724,
        "energy": 83.791663,
        "activity_lines": [
          1352.660001,
          1393.150908,
          1422.207142,
          1430.771111
        ]
      },
      {
        "date": "2026-01-23",
        "close": 1297.5,
        "volume": 33309,
        "typical_volume": 48921.3,
        "trend": 1443.206917,
        "fair_value": 1394.907464,
        "relative_strength": -16.118326,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.532974,
        "energy": 86.222942,
        "activity_lines": [
          1325.033333,
          1371.254545,
          1409.190952,
          1420.747397
        ]
      },
      {
        "date": "2026-01-30",
        "close": 1312.599976,
        "volume": 29928,
        "typical_volume": 48100.3,
        "trend": 1433.79775,
        "fair_value": 1398.757552,
        "relative_strength": -15.059966,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.319965,
        "energy": 83.325494,
        "activity_lines": [
          1312.72666,
          1355.025451,
          1398.241901,
          1412.321143
        ]
      },
      {
        "date": "2026-02-06",
        "close": 1461.099976,
        "volume": 103332,
        "typical_volume": 50346.25,
        "trend": 1431.376664,
        "fair_value": 1403.159443,
        "relative_strength": -5.864938,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.396195,
        "energy": 36.785336,
        "activity_lines": [
          1357.793319,
          1368.350901,
          1401.975233,
          1414.082577
        ]
      },
      {
        "date": "2026-02-13",
        "close": 1414.800049,
        "volume": 55928,
        "typical_volume": 50324.15,
        "trend": 1427.406665,
        "fair_value": 1407.460028,
        "relative_strength": -7.372238,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.44969,
        "energy": 21.337389,
        "activity_lines": [
          1383.640007,
          1373.200002,
          1401.122856,
          1413.013118
        ]
      },
      {
        "date": "2026-02-20",
        "close": 1523.199951,
        "volume": 324432,
        "typical_volume": 63834.25,
        "trend": 1427.923332,
        "fair_value": 1412.332831,
        "relative_strength": -0.522531,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 18.7149,
        "energy": 23.381862,
        "activity_lines": [
          1438.746655,
          1398.49272,
          1410.70428,
          1419.19333
        ]
      },
      {
        "date": "2026-02-27",
        "close": 1451.800049,
        "volume": 69529,
        "typical_volume": 64987.1,
        "trend": 1425.953332,
        "fair_value": 1417.025094,
        "relative_strength": -3.504679,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 3.56042,
        "energy": 22.633586,
        "activity_lines": [
          1455.400008,
          1409.527275,
          1413.269999,
          1420.733763
        ]
      },
      {
        "date": "2026-03-06",
        "close": 1455.599976,
        "volume": 44304,
        "typical_volume": 64301.65,
        "trend": 1423.803332,
        "fair_value": 1421.547803,
        "relative_strength": -0.069438,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 13.72761,
        "energy": 23.185206,
        "activity_lines": [
          1463.033334,
          1421.252726,
          1416.178569,
          1422.64645
        ]
      },
      {
        "date": "2026-03-13",
        "close": 1401.5,
        "volume": 125533,
        "typical_volume": 68729.4,
        "trend": 1425.369999,
        "fair_value": 1425.835651,
        "relative_strength": 1.937292,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 7.186843,
        "energy": 15.306646,
        "activity_lines": [
          1443.1,
          1422.689089,
          1413.926664,
          1421.207525
        ]
      },
      {
        "date": "2026-03-20",
        "close": 1453.0,
        "volume": 60102,
        "typical_volume": 69754.75,
        "trend": 1427.823332,
        "fair_value": 1430.261292,
        "relative_strength": 6.270582,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 10.063321,
        "energy": 9.825259,
        "activity_lines": [
          1444.306665,
          1433.539999,
          1416.830474,
          1422.990106
        ]
      },
      {
        "date": "2026-03-27",
        "close": 1447.0,
        "volume": 57433,
        "typical_volume": 69784.2,
        "trend": 1430.05,
        "fair_value": 1434.740856,
        "relative_strength": 7.393812,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 8.372873,
        "energy": 6.761842,
        "activity_lines": [
          1440.966667,
          1440.730908,
          1419.259522,
          1424.22731
        ]
      },
      {
        "date": "2026-04-03",
        "close": 1458.400024,
        "volume": 44334,
        "typical_volume": 67809.05,
        "trend": 1431.010002,
        "fair_value": 1439.067108,
        "relative_strength": 8.779517,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.690605,
        "energy": 3.733574,
        "activity_lines": [
          1446.506673,
          1447.38364,
          1422.929049,
          1426.056344
        ]
      },
      {
        "date": "2026-04-10",
        "close": 1450.800049,
        "volume": 57304,
        "typical_volume": 65290.25,
        "trend": 1431.840002,
        "fair_value": 1443.324464,
        "relative_strength": 2.384986,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 1.04636,
        "energy": 6.241149,
        "activity_lines": [
          1449.073356,
          1449.729104,
          1425.873815,
          1427.333122
        ]
      },
      {
        "date": "2026-04-17",
        "close": 1524.5,
        "volume": 64455,
        "typical_volume": 66296.4,
        "trend": 1435.18667,
        "fair_value": 1448.177854,
        "relative_strength": 6.282152,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 33.701479,
        "energy": 27.396068,
        "activity_lines": [
          1476.526685,
          1462.96183,
          1435.848577,
          1433.311186
        ]
      },
      {
        "date": "2026-04-24",
        "close": 1483.5,
        "volume": 48490,
        "typical_volume": 67015.95,
        "trend": 1436.706669,
        "fair_value": 1452.597214,
        "relative_strength": 5.361363,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 26.395432,
        "energy": 28.617063,
        "activity_lines": [
          1482.113346,
          1467.587282,
          1441.601434,
          1436.428175
        ]
      },
      {
        "date": "2026-05-01",
        "close": 1550.0,
        "volume": 92772,
        "typical_volume": 69586.5,
        "trend": 1439.110002,
        "fair_value": 1457.437495,
        "relative_strength": 9.549249,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 63.812484,
        "energy": 48.48976,
        "activity_lines": [
          1507.833341,
          1483.054554,
          1453.552862,
          1443.737422
        ]
      },
      {
        "date": "2026-05-08",
        "close": 1526.199951,
        "volume": 51246,
        "typical_volume": 70203.95,
        "trend": 1441.723332,
        "fair_value": 1461.919635,
        "relative_strength": 7.023805,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.817254,
        "energy": 52.124309,
        "activity_lines": [
          1518.75332,
          1493.707271,
          1462.775714,
          1449.356128
        ]
      },
      {
        "date": "2026-05-15",
        "close": 1525.300049,
        "volume": 61460,
        "typical_volume": 72223.85,
        "trend": 1444.103333,
        "fair_value": 1465.811434,
        "relative_strength": 9.488898,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.008863,
        "energy": 47.154953,
        "activity_lines": [
          1524.853337,
          1502.843643,
          1471.558576,
          1454.748175
        ]
      },
      {
        "date": "2026-05-22",
        "close": 1623.400024,
        "volume": 247694,
        "typical_volume": 83588.8,
        "trend": 1449.743335,
        "fair_value": 1469.992182,
        "relative_strength": 16.191292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.91535,
        "energy": 64.430547,
        "activity_lines": [
          1558.686678,
          1528.549101,
          1489.233816,
          1466.315703
        ]
      },
      {
        "date": "2026-05-29",
        "close": 1555.0,
        "volume": 176427,
        "typical_volume": 89329.45,
        "trend": 1452.466667,
        "fair_value": 1473.681182,
        "relative_strength": 12.142123,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.898227,
        "energy": 51.933498,
        "activity_lines": [
          1563.126676,
          1537.783645,
          1499.351435,
          1473.106456
        ]
      },
      {
        "date": "2026-06-05",
        "close": 1608.900024,
        "volume": 28959,
        "typical_volume": 88848.55,
        "trend": 1456.780001,
        "fair_value": 1477.889112,
        "relative_strength": 16.729636,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.270841,
        "energy": 55.205398,
        "activity_lines": [
          1580.766683,
          1554.963647,
          1513.443818,
          1483.19893
        ]
      },
      {
        "date": "2026-06-12",
        "close": 1596.410034,
        "volume": 14619,
        "typical_volume": 87914.05,
        "trend": 1461.387004,
        "fair_value": 1482.277733,
        "relative_strength": 14.392365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.004296,
        "energy": 54.821197,
        "activity_lines": [
          1590.316691,
          1566.929106,
          1524.891916,
          1492.20732
        ]
      },
      {
        "date": "2026-06-19",
        "close": 1632.633301,
        "volume": 19589,
        "typical_volume": 87397.1,
        "trend": 1467.371448,
        "fair_value": 1486.900762,
        "relative_strength": 14.881708,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.688907,
        "energy": 51.245133,
        "activity_lines": [
          1607.260449,
          1582.97134,
          1538.366468,
          1503.255468
        ]
      },
      {
        "date": "2026-06-26",
        "close": 1787.378296,
        "volume": 0,
        "typical_volume": 82230.5,
        "trend": 1478.354057,
        "fair_value": 1492.523314,
        "relative_strength": 25.042859,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.197771,
        "energy": 76.547799,
        "activity_lines": [
          1668.630322,
          1623.842969,
          1565.05467,
          1523.901071
        ]
      },
      {
        "date": "2026-07-03",
        "close": 1801.807861,
        "volume": 25956,
        "typical_volume": 80731.9,
        "trend": 1489.907654,
        "fair_value": 1498.118547,
        "relative_strength": 24.469309,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.965629,
        "energy": 83.730594,
        "activity_lines": [
          1723.878166,
          1662.558549,
          1591.56341,
          1544.769058
        ]
      },
      {
        "date": "2026-07-10",
        "close": 1811.162231,
        "volume": 132219,
        "typical_volume": 71121.25,
        "trend": 1501.846395,
        "fair_value": 1502.088463,
        "relative_strength": 24.888878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.756076,
        "energy": 85.318585,
        "activity_lines": [
          1765.790275,
          1697.187509,
          1617.120148,
          1565.49516
        ]
      },
      {
        "date": "2026-07-17",
        "close": 1798.0,
        "volume": 190568,
        "typical_volume": 77173.2,
        "trend": 1513.386393,
        "fair_value": 1505.803952,
        "relative_strength": 22.841105,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.691188,
        "energy": 82.442681,
        "activity_lines": [
          1789.830827,
          1724.674931,
          1640.052092,
          1584.601844
        ]
      },
      {
        "date": "2026-07-24",
        "close": 1766.099976,
        "volume": 67336,
        "typical_volume": 78324.8,
        "trend": 1524.566394,
        "fair_value": 1508.362201,
        "relative_strength": 23.004441,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.233043,
        "energy": 69.505822,
        "activity_lines": [
          1789.798706,
          1741.42053,
          1658.297367,
          1600.905946
        ]
      },
      {
        "date": "2026-07-31",
        "close": 1672.900024,
        "volume": 39289,
        "typical_volume": 74012.6,
        "trend": 1533.519727,
        "fair_value": 1509.577756,
        "relative_strength": 13.312929,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.189653,
        "energy": 46.913805,
        "activity_lines": [
          1749.802156,
          1736.842503,
          1666.187884,
          1610.475858
        ]
      },
      {
        "date": "2026-08-07",
        "close": 1717.199951,
        "volume": 51922,
        "typical_volume": 73603.6,
        "trend": 1547.036393,
        "fair_value": 1511.895198,
        "relative_strength": 15.153953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.603043,
        "energy": 33.438574,
        "activity_lines": [
          1732.204134,
          1739.419007,
          1677.005061,
          1622.326195
        ]
      }
    ],
    "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."
    }
  }
}