{
  "ticker": {
    "uuid": "b064704f-5f90-45a0-a0e6-917cc760ad45",
    "symbol": "GREENPOWER",
    "name": "Orient Green Power Company Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "rotation_down",
    "architecture_regime_label": "Rotation Down",
    "architecture_modifier": "Supply rotation",
    "architecture_gate": "mixed",
    "architecture_direction": -30.032,
    "architecture_energy": 52.817,
    "architecture_maturity": 10.553,
    "architecture_confidence": 79.216,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating downward.",
        "body": "Fast Activity is weakening relative to Slow Activity and price acceptance is deteriorating. Persistent negative Trend confirmation would establish Downward Expansion."
      },
      "scores": {
        "balance": 27.12,
        "rotation_up": 15.34,
        "upward_expansion": 26.1,
        "deceleration": 49.59,
        "rotation_down": 70.53,
        "downward_expansion": 58.1
      },
      "activity_lines": [
        9.936667,
        10.196727,
        10.601333,
        10.519441
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 9.82,
    "trend_reference": 10.412667,
    "distance_from_trend": -0.056918,
    "trend_direction": "Weakening",
    "fair_value": 15.781531,
    "distance_from_fair_value": -0.377754,
    "fair_value_direction": "Weakening",
    "relative_strength": -14.064231,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.035363,
    "excess_performance": 0.008346,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.056918,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.057336,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.377754,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.145957,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.140642,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.156693,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.035363,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.425147,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 8498469,
      "relative_activity": 0.294035,
      "balance": 0.425147,
      "dry_up": 0.356579,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.071283,
      "annualized_volatility": 0.417725,
      "from_high_reference": -0.347074,
      "from_low_reference": 0.230576
    },
    "levels": {
      "trend_reference": 10.412667,
      "fair_value_reference": 15.781531,
      "structural_low": 7.98,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 3,
        "median_return": -0.022099,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.062725,
        "regime_survival": 0.333333,
        "best_return": 0.022599,
        "worst_return": -0.167442,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.035712,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.092466,
        "regime_survival": 0.0,
        "best_return": 0.016949,
        "worst_return": -0.088372,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.261342,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.157051,
        "regime_survival": 0.0,
        "best_return": 0.718032,
        "worst_return": -0.195349,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.144186,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.245199,
        "regime_survival": 0.0,
        "best_return": -0.144186,
        "worst_return": -0.144186,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-07-21",
        "end": "2023-10-13",
        "tenure": "Established",
        "return": 0.308077,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-10-20",
        "end": "2023-11-03",
        "tenure": "New",
        "return": 0.105839,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-11-10",
        "end": "2024-03-01",
        "tenure": "Established",
        "return": 0.311239,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-03-08",
        "end": "2024-05-24",
        "tenure": "Developing",
        "return": -0.029954,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-31",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": 0.086514,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-12",
        "end": "2024-11-08",
        "tenure": "Established",
        "return": -0.127043,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-15",
        "end": "2025-06-06",
        "tenure": "Extended",
        "return": -0.257686,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-07-04",
        "tenure": "New",
        "return": -0.014443,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-11",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": -0.126566,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-15",
        "end": "2025-11-28",
        "tenure": "Established",
        "return": -0.027335,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-05",
        "end": "2026-05-01",
        "tenure": "Established",
        "return": 0.040664,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-08",
        "end": "2026-06-12",
        "tenure": "Developing",
        "return": -0.078512,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-19",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": -0.10602,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": -0.020937,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 14.15,
        "volume": 40274568,
        "typical_volume": 56533518.25,
        "trend": 9.306503,
        "fair_value": 6.912408,
        "relative_strength": 47.382185,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.211006,
        "energy": 91.922917,
        "activity_lines": [
          13.362744,
          12.183107,
          10.824367,
          10.096297
        ]
      },
      {
        "date": "2023-08-25",
        "close": 14.15,
        "volume": 19143873,
        "typical_volume": 56638284.05,
        "trend": 9.474314,
        "fair_value": 6.990423,
        "relative_strength": 46.266013,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.804521,
        "energy": 88.699621,
        "activity_lines": [
          13.821287,
          12.692169,
          11.230527,
          10.408781
        ]
      },
      {
        "date": "2023-09-01",
        "close": 14.0,
        "volume": 20480728,
        "typical_volume": 57053025.85,
        "trend": 9.664748,
        "fair_value": 7.068362,
        "relative_strength": 42.260293,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.703076,
        "energy": 72.825378,
        "activity_lines": [
          13.977079,
          13.094143,
          11.595577,
          10.700761
        ]
      },
      {
        "date": "2023-09-08",
        "close": 14.15,
        "volume": 20066969,
        "typical_volume": 56596156.55,
        "trend": 9.86939,
        "fair_value": 7.147263,
        "relative_strength": 39.766986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.090722,
        "energy": 67.5251,
        "activity_lines": [
          14.044472,
          13.436258,
          11.948148,
          10.990132
        ]
      },
      {
        "date": "2023-09-15",
        "close": 14.35,
        "volume": 20527396,
        "typical_volume": 56681214.9,
        "trend": 10.088372,
        "fair_value": 7.228035,
        "relative_strength": 37.92007,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.025376,
        "energy": 63.134875,
        "activity_lines": [
          14.186667,
          13.745805,
          12.291846,
          11.279204
        ]
      },
      {
        "date": "2023-09-22",
        "close": 13.8,
        "volume": 8721884,
        "typical_volume": 55496939.0,
        "trend": 10.299762,
        "fair_value": 7.306167,
        "relative_strength": 34.975742,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.204686,
        "energy": 55.90274,
        "activity_lines": [
          14.066667,
          13.885294,
          12.553634,
          11.518663
        ]
      },
      {
        "date": "2023-09-29",
        "close": 12.95,
        "volume": 19651827,
        "typical_volume": 55466221.8,
        "trend": 10.4598,
        "fair_value": 7.378556,
        "relative_strength": 25.91694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.864069,
        "energy": 43.762656,
        "activity_lines": [
          13.686667,
          13.797624,
          12.709095,
          11.689647
        ]
      },
      {
        "date": "2023-10-06",
        "close": 14.05,
        "volume": 22994735,
        "typical_volume": 55919698.55,
        "trend": 10.648832,
        "fair_value": 7.457701,
        "relative_strength": 35.358961,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.247753,
        "energy": 40.488869,
        "activity_lines": [
          13.753333,
          13.86284,
          12.945797,
          11.921272
        ]
      },
      {
        "date": "2023-10-13",
        "close": 13.55,
        "volume": 22256312,
        "typical_volume": 55264311.75,
        "trend": 10.827335,
        "fair_value": 7.533935,
        "relative_strength": 28.815423,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.635472,
        "energy": 32.110869,
        "activity_lines": [
          13.65,
          13.798492,
          13.106341,
          12.108444
        ]
      },
      {
        "date": "2023-10-20",
        "close": 13.7,
        "volume": 14127667,
        "typical_volume": 55161167.5,
        "trend": 11.02465,
        "fair_value": 7.610541,
        "relative_strength": 30.377014,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.757384,
        "energy": 28.851174,
        "activity_lines": [
          13.636667,
          13.774545,
          13.256108,
          12.293778
        ]
      },
      {
        "date": "2023-10-27",
        "close": 13.0,
        "volume": 13401244,
        "typical_volume": 51470069.7,
        "trend": 11.180217,
        "fair_value": 7.682365,
        "relative_strength": 25.784019,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.260179,
        "energy": 25.766331,
        "activity_lines": [
          13.433333,
          13.613636,
          13.313433,
          12.42122
        ]
      },
      {
        "date": "2023-11-03",
        "close": 15.15,
        "volume": 33201336,
        "typical_volume": 48956354.35,
        "trend": 11.401311,
        "fair_value": 7.76738,
        "relative_strength": 43.419347,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 70.707381,
        "energy": 42.680726,
        "activity_lines": [
          14.0,
          13.864545,
          13.560092,
          12.677335
        ]
      },
      {
        "date": "2023-11-10",
        "close": 17.35,
        "volume": 180042929,
        "typical_volume": 56680314.25,
        "trend": 11.700343,
        "fair_value": 7.865908,
        "relative_strength": 60.013276,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.639743,
        "energy": 72.158016,
        "activity_lines": [
          15.153333,
          14.497273,
          13.990609,
          13.061121
        ]
      },
      {
        "date": "2023-11-17",
        "close": 22.1,
        "volume": 63104842,
        "typical_volume": 56825450.65,
        "trend": 12.160777,
        "fair_value": 7.995475,
        "relative_strength": 95.929828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.879105,
        "energy": 96.064816,
        "activity_lines": [
          17.67,
          15.932727,
          14.834734,
          13.732067
        ]
      },
      {
        "date": "2023-11-24",
        "close": 22.9,
        "volume": 215001920,
        "typical_volume": 64642295.7,
        "trend": 12.652481,
        "fair_value": 8.12958,
        "relative_strength": 97.467447,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.858609,
        "energy": 97.067654,
        "activity_lines": [
          19.883333,
          17.369091,
          15.699139,
          14.42492
        ]
      },
      {
        "date": "2023-12-01",
        "close": 22.15,
        "volume": 97473846,
        "typical_volume": 68065029.85,
        "trend": 13.108444,
        "fair_value": 8.258877,
        "relative_strength": 82.877724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.891551,
        "energy": 92.309679,
        "activity_lines": [
          21.233333,
          18.513636,
          16.433053,
          15.037663
        ]
      },
      {
        "date": "2023-12-08",
        "close": 22.85,
        "volume": 141798370,
        "typical_volume": 73370430.6,
        "trend": 13.603086,
        "fair_value": 8.391185,
        "relative_strength": 78.684908,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.523968,
        "energy": 91.324334,
        "activity_lines": [
          22.206667,
          19.633636,
          17.174854,
          15.66615
        ]
      },
      {
        "date": "2023-12-15",
        "close": 22.950001,
        "volume": 56405794,
        "typical_volume": 67545792.65,
        "trend": 14.099526,
        "fair_value": 8.524135,
        "relative_strength": 72.601084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.140185,
        "energy": 84.805608,
        "activity_lines": [
          22.7,
          20.591818,
          17.866696,
          16.269177
        ]
      },
      {
        "date": "2023-12-22",
        "close": 22.35,
        "volume": 57495139,
        "typical_volume": 56943209.05,
        "trend": 14.568294,
        "fair_value": 8.652943,
        "relative_strength": 66.476594,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.253512,
        "energy": 66.132327,
        "activity_lines": [
          22.62,
          21.279091,
          18.448891,
          16.801466
        ]
      },
      {
        "date": "2023-12-29",
        "close": 21.799999,
        "volume": 21686672,
        "typical_volume": 54392902.55,
        "trend": 15.018728,
        "fair_value": 8.778226,
        "relative_strength": 57.341427,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.710752,
        "energy": 61.669534,
        "activity_lines": [
          22.34,
          21.706364,
          18.940238,
          17.268027
        ]
      },
      {
        "date": "2024-01-05",
        "close": 23.5,
        "volume": 61387208,
        "typical_volume": 55448534.55,
        "trend": 15.476721,
        "fair_value": 8.908504,
        "relative_strength": 67.212225,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.367295,
        "energy": 60.874911,
        "activity_lines": [
          22.7,
          22.295455,
          19.552381,
          17.815206
        ]
      },
      {
        "date": "2024-01-12",
        "close": 23.799999,
        "volume": 87167306,
        "typical_volume": 58849706.2,
        "trend": 15.944714,
        "fair_value": 9.043656,
        "relative_strength": 65.356547,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.740019,
        "energy": 57.893557,
        "activity_lines": [
          23.07,
          22.748182,
          20.148571,
          18.352192
        ]
      },
      {
        "date": "2024-01-19",
        "close": 22.950001,
        "volume": 37437266,
        "typical_volume": 59697533.1,
        "trend": 16.402789,
        "fair_value": 9.17513,
        "relative_strength": 59.132332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.217045,
        "energy": 50.534441,
        "activity_lines": [
          23.093333,
          22.889091,
          20.617857,
          18.804146
        ]
      },
      {
        "date": "2024-01-26",
        "close": 23.15,
        "volume": 23945328,
        "typical_volume": 59891451.05,
        "trend": 16.829165,
        "fair_value": 9.307886,
        "relative_strength": 59.935651,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.422385,
        "energy": 48.727618,
        "activity_lines": [
          23.183333,
          22.964545,
          21.063571,
          19.23945
        ]
      },
      {
        "date": "2024-02-02",
        "close": 28.450001,
        "volume": 76094068,
        "typical_volume": 62669784.65,
        "trend": 17.427604,
        "fair_value": 9.474911,
        "relative_strength": 87.586018,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.941126,
        "energy": 62.609617,
        "activity_lines": [
          24.986667,
          23.984546,
          21.971191,
          19.989181
        ]
      },
      {
        "date": "2024-02-09",
        "close": 29.65,
        "volume": 66635418,
        "typical_volume": 65565461.35,
        "trend": 18.089062,
        "fair_value": 9.650514,
        "relative_strength": 91.300655,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.29684,
        "energy": 68.884295,
        "activity_lines": [
          26.746667,
          25.121818,
          22.925952,
          20.777723
        ]
      },
      {
        "date": "2024-02-16",
        "close": 25.049999,
        "volume": 156505627,
        "typical_volume": 72408151.35,
        "trend": 18.578771,
        "fair_value": 9.798401,
        "relative_strength": 56.750311,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.169687,
        "energy": 60.98288,
        "activity_lines": [
          26.563333,
          25.286364,
          23.367143,
          21.226816
        ]
      },
      {
        "date": "2024-02-23",
        "close": 23.75,
        "volume": 43810220,
        "typical_volume": 73448925.6,
        "trend": 18.97297,
        "fair_value": 9.93825,
        "relative_strength": 44.995132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.490917,
        "energy": 51.982208,
        "activity_lines": [
          25.863333,
          25.174545,
          23.626905,
          21.560443
        ]
      },
      {
        "date": "2024-03-01",
        "close": 22.75,
        "volume": 21661060,
        "typical_volume": 73419163.0,
        "trend": 19.255569,
        "fair_value": 10.071098,
        "relative_strength": 36.135061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.250546,
        "energy": 34.30537,
        "activity_lines": [
          24.776667,
          24.866364,
          23.745238,
          21.804123
        ]
      },
      {
        "date": "2024-03-08",
        "close": 21.700001,
        "volume": 16013341,
        "typical_volume": 73513446.7,
        "trend": 19.54,
        "fair_value": 10.197215,
        "relative_strength": 27.375033,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.42762,
        "energy": 22.47732,
        "activity_lines": [
          23.366667,
          24.36,
          23.719762,
          21.961828
        ]
      },
      {
        "date": "2024-03-15",
        "close": 20.299999,
        "volume": 20838551,
        "typical_volume": 73885312.05,
        "trend": 19.745,
        "fair_value": 10.315538,
        "relative_strength": 20.349067,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.651818,
        "energy": 18.990307,
        "activity_lines": [
          21.94,
          23.600909,
          23.522857,
          22.01086
        ]
      },
      {
        "date": "2024-03-22",
        "close": 20.299999,
        "volume": 12232508,
        "typical_volume": 72836870.65,
        "trend": 19.95,
        "fair_value": 10.433272,
        "relative_strength": 18.581093,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.506151,
        "energy": 20.868839,
        "activity_lines": [
          21.136666,
          22.9,
          23.29119,
          22.046667
        ]
      },
      {
        "date": "2024-03-29",
        "close": 18.700001,
        "volume": 13596300,
        "typical_volume": 64514539.2,
        "trend": 20.106667,
        "fair_value": 10.540748,
        "relative_strength": 7.157781,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -11.653256,
        "energy": 27.212311,
        "activity_lines": [
          20.116667,
          21.971818,
          22.882619,
          21.966021
        ]
      },
      {
        "date": "2024-04-05",
        "close": 22.299999,
        "volume": 16805713,
        "typical_volume": 62199582.75,
        "trend": 20.378333,
        "fair_value": 10.672187,
        "relative_strength": 25.166816,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.732623,
        "energy": 17.932449,
        "activity_lines": [
          20.633333,
          21.775454,
          22.810476,
          22.107527
        ]
      },
      {
        "date": "2024-04-12",
        "close": 21.1,
        "volume": 8761123,
        "typical_volume": 51887542.9,
        "trend": 20.603333,
        "fair_value": 10.796524,
        "relative_strength": 17.072853,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 2.252072,
        "energy": 14.84249,
        "activity_lines": [
          20.78,
          21.376363,
          22.623095,
          22.154086
        ]
      },
      {
        "date": "2024-04-19",
        "close": 20.5,
        "volume": 12070467,
        "typical_volume": 47617373.95,
        "trend": 20.826667,
        "fair_value": 10.916425,
        "relative_strength": 14.404412,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -16.945611,
        "energy": 16.56816,
        "activity_lines": [
          20.766667,
          21.001818,
          22.387143,
          22.147419
        ]
      },
      {
        "date": "2024-04-26",
        "close": 20.75,
        "volume": 8549633,
        "typical_volume": 40954937.1,
        "trend": 21.086667,
        "fair_value": 11.037633,
        "relative_strength": 13.114271,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -13.328333,
        "energy": 10.236873,
        "activity_lines": [
          20.823333,
          20.839091,
          22.182857,
          22.142473
        ]
      },
      {
        "date": "2024-05-03",
        "close": 20.65,
        "volume": 8747019,
        "typical_volume": 38571998.35,
        "trend": 21.306667,
        "fair_value": 11.1582,
        "relative_strength": 11.114116,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.687589,
        "energy": 13.064754,
        "activity_lines": [
          20.816667,
          20.736364,
          21.979048,
          22.114301
        ]
      },
      {
        "date": "2024-05-10",
        "close": 19.5,
        "volume": 8264526,
        "typical_volume": 36110467.7,
        "trend": 21.505,
        "fair_value": 11.269624,
        "relative_strength": 5.827792,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -32.349655,
        "energy": 26.492837,
        "activity_lines": [
          20.296667,
          20.480909,
          21.676667,
          21.997742
        ]
      },
      {
        "date": "2024-05-17",
        "close": 20.85,
        "volume": 10040568,
        "typical_volume": 35528162.5,
        "trend": 21.743333,
        "fair_value": 11.389703,
        "relative_strength": 9.85715,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -24.783099,
        "energy": 24.878066,
        "activity_lines": [
          20.413333,
          20.53,
          21.516428,
          21.955484
        ]
      },
      {
        "date": "2024-05-24",
        "close": 21.049999,
        "volume": 15750305,
        "typical_volume": 33246317.35,
        "trend": 22.011667,
        "fair_value": 11.509883,
        "relative_strength": 7.392329,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "down",
        "direction": -50.487364,
        "energy": 32.869858,
        "activity_lines": [
          20.613333,
          20.630909,
          21.379762,
          21.910753
        ]
      },
      {
        "date": "2024-05-31",
        "close": 19.65,
        "volume": 23803692,
        "typical_volume": 30078136.65,
        "trend": 22.161667,
        "fair_value": 11.621678,
        "relative_strength": 1.17853,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.504907,
        "energy": 39.753925,
        "activity_lines": [
          20.31,
          20.463636,
          21.121428,
          21.758387
        ]
      },
      {
        "date": "2024-06-07",
        "close": 19.799999,
        "volume": 28187893,
        "typical_volume": 29615668.0,
        "trend": 22.243333,
        "fair_value": 11.730304,
        "relative_strength": -2.082152,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.754178,
        "energy": 32.573364,
        "activity_lines": [
          20.129999,
          20.335454,
          20.897143,
          21.606021
        ]
      },
      {
        "date": "2024-06-14",
        "close": 21.18,
        "volume": 30354987,
        "typical_volume": 29936150.95,
        "trend": 22.212667,
        "fair_value": 11.849251,
        "relative_strength": 3.082173,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.005754,
        "energy": 22.579942,
        "activity_lines": [
          20.466666,
          20.438182,
          20.819285,
          21.537419
        ]
      },
      {
        "date": "2024-06-21",
        "close": 20.799999,
        "volume": 15107763,
        "typical_volume": 26886835.7,
        "trend": 22.142667,
        "fair_value": 11.965468,
        "relative_strength": 0.217518,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.941854,
        "energy": 22.216461,
        "activity_lines": [
          20.564666,
          20.492181,
          20.714619,
          21.446279
        ]
      },
      {
        "date": "2024-06-28",
        "close": 20.219999,
        "volume": 15520205,
        "typical_volume": 24331075.05,
        "trend": 22.078333,
        "fair_value": 12.077671,
        "relative_strength": -5.267904,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.167161,
        "energy": 21.516421,
        "activity_lines": [
          20.472666,
          20.446181,
          20.591142,
          21.322236
        ]
      },
      {
        "date": "2024-07-05",
        "close": 21.35,
        "volume": 38873647,
        "typical_volume": 18449476.05,
        "trend": 22.028333,
        "fair_value": 12.196823,
        "relative_strength": -1.971837,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.340244,
        "energy": 15.63035,
        "activity_lines": [
          20.812666,
          20.610727,
          20.62019,
          21.275247
        ]
      },
      {
        "date": "2024-07-12",
        "close": 21.41,
        "volume": 58579899,
        "typical_volume": 19187960.0,
        "trend": 21.977,
        "fair_value": 12.313113,
        "relative_strength": -3.186393,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.892624,
        "energy": 10.247011,
        "activity_lines": [
          21.059333,
          20.775272,
          20.672571,
          21.235355
        ]
      },
      {
        "date": "2024-07-19",
        "close": 20.34,
        "volume": 16280480,
        "typical_volume": 18918931.0,
        "trend": 21.91,
        "fair_value": 12.4252,
        "relative_strength": -8.724861,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.969909,
        "energy": 11.171189,
        "activity_lines": [
          20.842,
          20.731454,
          20.63419,
          21.129742
        ]
      },
      {
        "date": "2024-07-26",
        "close": 21.469999,
        "volume": 32594697,
        "typical_volume": 19747998.8,
        "trend": 21.899,
        "fair_value": 12.54276,
        "relative_strength": -5.349277,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.436273,
        "energy": 8.932071,
        "activity_lines": [
          21.057333,
          20.877818,
          20.714904,
          21.101355
        ]
      },
      {
        "date": "2024-08-02",
        "close": 21.889999,
        "volume": 33988552,
        "typical_volume": 20405498.85,
        "trend": 21.845333,
        "fair_value": 12.663307,
        "relative_strength": -3.354384,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.183447,
        "energy": 8.243794,
        "activity_lines": [
          21.367999,
          21.089272,
          20.836714,
          21.100774
        ]
      },
      {
        "date": "2024-08-09",
        "close": 21.888887,
        "volume": 123548962,
        "typical_volume": 25971321.55,
        "trend": 21.781629,
        "fair_value": 12.783848,
        "relative_strength": -2.422073,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.329187,
        "energy": 8.117137,
        "activity_lines": [
          21.566962,
          21.285252,
          20.950846,
          21.103584
        ]
      },
      {
        "date": "2024-08-16",
        "close": 21.4,
        "volume": 56870106,
        "typical_volume": 28135011.85,
        "trend": 21.729963,
        "fair_value": 12.90332,
        "relative_strength": -5.551203,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.515163,
        "energy": 11.07658,
        "activity_lines": [
          21.567036,
          21.351636,
          21.010851,
          21.078963
        ]
      },
      {
        "date": "2024-08-23",
        "close": 21.65,
        "volume": 66809643,
        "typical_volume": 30635208.35,
        "trend": 21.679963,
        "fair_value": 13.024395,
        "relative_strength": -5.803525,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.114073,
        "energy": 9.80527,
        "activity_lines": [
          21.651111,
          21.434383,
          21.081809,
          21.073804
        ]
      },
      {
        "date": "2024-08-30",
        "close": 20.74,
        "volume": 34860634,
        "typical_volume": 31940183.9,
        "trend": 21.422963,
        "fair_value": 13.139932,
        "relative_strength": -11.425449,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.247449,
        "energy": 4.911192,
        "activity_lines": [
          21.344518,
          21.343131,
          21.069195,
          21.013161
        ]
      },
      {
        "date": "2024-09-06",
        "close": 19.99,
        "volume": 28086820,
        "typical_volume": 32741001.55,
        "trend": 21.100963,
        "fair_value": 13.250365,
        "relative_strength": -13.472408,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -11.212775,
        "energy": 8.924518,
        "activity_lines": [
          20.836592,
          21.116606,
          20.986867,
          20.920712
        ]
      },
      {
        "date": "2024-09-13",
        "close": 20.190001,
        "volume": 28498240,
        "typical_volume": 33738431.9,
        "trend": 20.938963,
        "fair_value": 13.361196,
        "relative_strength": -14.496356,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.386428,
        "energy": 18.69228,
        "activity_lines": [
          20.522,
          20.930626,
          20.926016,
          20.86194
        ]
      },
      {
        "date": "2024-09-20",
        "close": 21.02,
        "volume": 67087292,
        "typical_volume": 36655445.55,
        "trend": 20.847963,
        "fair_value": 13.477937,
        "relative_strength": -12.685687,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -6.361623,
        "energy": 10.466161,
        "activity_lines": [
          20.597334,
          20.916646,
          20.946878,
          20.867168
        ]
      },
      {
        "date": "2024-09-27",
        "close": 19.51,
        "volume": 38054236,
        "typical_volume": 38144931.05,
        "trend": 20.739963,
        "fair_value": 13.584704,
        "relative_strength": -20.30009,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -18.637595,
        "energy": 22.820841,
        "activity_lines": [
          20.194667,
          20.635212,
          20.822169,
          20.780848
        ]
      },
      {
        "date": "2024-10-04",
        "close": 20.18,
        "volume": 64990474,
        "typical_volume": 40892426.35,
        "trend": 20.689296,
        "fair_value": 13.689863,
        "relative_strength": -13.888563,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -10.310857,
        "energy": 17.874739,
        "activity_lines": [
          20.158,
          20.490687,
          20.761222,
          20.744721
        ]
      },
      {
        "date": "2024-10-11",
        "close": 20.82,
        "volume": 95152284,
        "typical_volume": 44862525.3,
        "trend": 20.706629,
        "fair_value": 13.795583,
        "relative_strength": -11.247939,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -4.693296,
        "energy": 6.007196,
        "activity_lines": [
          20.372,
          20.48598,
          20.764418,
          20.753154
        ]
      },
      {
        "date": "2024-10-18",
        "close": 19.74,
        "volume": 36062484,
        "typical_volume": 45475464.9,
        "trend": 20.687963,
        "fair_value": 13.896446,
        "relative_strength": -15.639605,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -20.64775,
        "energy": 16.728855,
        "activity_lines": [
          20.170667,
          20.304364,
          20.665852,
          20.690791
        ]
      },
      {
        "date": "2024-10-25",
        "close": 17.68,
        "volume": 40515970,
        "typical_volume": 46091868.75,
        "trend": 20.653963,
        "fair_value": 13.984694,
        "relative_strength": -22.416583,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -63.441115,
        "energy": 43.973254,
        "activity_lines": [
          19.312667,
          19.787273,
          20.370667,
          20.496729
        ]
      },
      {
        "date": "2024-11-01",
        "close": 19.379999,
        "volume": 24428714,
        "typical_volume": 45795555.1,
        "trend": 20.556629,
        "fair_value": 14.080889,
        "relative_strength": -15.405493,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.112502,
        "energy": 39.253579,
        "activity_lines": [
          19.244,
          19.646909,
          20.247481,
          20.414537
        ]
      },
      {
        "date": "2024-11-08",
        "close": 18.690001,
        "volume": 25657396,
        "typical_volume": 46323036.75,
        "trend": 20.476296,
        "fair_value": 14.166167,
        "relative_strength": -17.689665,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.208317,
        "energy": 52.45617,
        "activity_lines": [
          18.954,
          19.422364,
          20.067153,
          20.29411
        ]
      },
      {
        "date": "2024-11-15",
        "close": 17.889999,
        "volume": 27111258,
        "typical_volume": 46902589.4,
        "trend": 20.389296,
        "fair_value": 14.23953,
        "relative_strength": -18.552843,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.597002,
        "energy": 59.725449,
        "activity_lines": [
          18.496666,
          19.089636,
          19.820682,
          20.127252
        ]
      },
      {
        "date": "2024-11-22",
        "close": 16.959999,
        "volume": 21812931,
        "typical_volume": 46049553.6,
        "trend": 20.262963,
        "fair_value": 14.296012,
        "relative_strength": -23.289291,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.191055,
        "energy": 63.70887,
        "activity_lines": [
          17.924666,
          18.626,
          19.496735,
          19.906007
        ]
      },
      {
        "date": "2024-11-29",
        "close": 17.540001,
        "volume": 26483372,
        "typical_volume": 44444727.25,
        "trend": 20.159296,
        "fair_value": 14.342636,
        "relative_strength": -20.799065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.874315,
        "energy": 62.492981,
        "activity_lines": [
          17.731333,
          18.326545,
          19.248931,
          19.730332
        ]
      },
      {
        "date": "2024-12-06",
        "close": 18.26,
        "volume": 37362453,
        "typical_volume": 45498825.9,
        "trend": 20.117963,
        "fair_value": 14.397417,
        "relative_strength": -18.779311,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.00448,
        "energy": 53.691347,
        "activity_lines": [
          17.787333,
          18.221273,
          19.088127,
          19.607797
        ]
      },
      {
        "date": "2024-12-13",
        "close": 18.25,
        "volume": 27710309,
        "typical_volume": 45254606.5,
        "trend": 20.031296,
        "fair_value": 14.435607,
        "relative_strength": -18.548244,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.783827,
        "energy": 38.001947,
        "activity_lines": [
          17.914667,
          18.136909,
          18.936275,
          19.487283
        ]
      },
      {
        "date": "2024-12-20",
        "close": 17.34,
        "volume": 23186916,
        "typical_volume": 44714524.7,
        "trend": 19.907629,
        "fair_value": 14.456454,
        "relative_strength": -18.193352,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.38749,
        "energy": 37.148102,
        "activity_lines": [
          17.768,
          17.922182,
          18.71309,
          19.313651
        ]
      },
      {
        "date": "2024-12-27",
        "close": 17.0,
        "volume": 10023058,
        "typical_volume": 39038229.5,
        "trend": 19.819296,
        "fair_value": 14.450921,
        "relative_strength": -20.06338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.886855,
        "energy": 39.011536,
        "activity_lines": [
          17.544667,
          17.708909,
          18.47919,
          19.126062
        ]
      },
      {
        "date": "2025-01-03",
        "close": 16.9,
        "volume": 14585302,
        "typical_volume": 36923989.3,
        "trend": 19.722629,
        "fair_value": 14.413761,
        "relative_strength": -20.519447,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.023707,
        "energy": 46.408282,
        "activity_lines": [
          17.285333,
          17.527273,
          18.259048,
          18.93772
        ]
      },
      {
        "date": "2025-01-10",
        "close": 15.54,
        "volume": 16945385,
        "typical_volume": 34430776.4,
        "trend": 19.534629,
        "fair_value": 14.37585,
        "relative_strength": -24.432188,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.76989,
        "energy": 74.449735,
        "activity_lines": [
          16.615333,
          17.112545,
          17.930809,
          18.667873
        ]
      },
      {
        "date": "2025-01-17",
        "close": 16.440001,
        "volume": 27947078,
        "typical_volume": 34085098.6,
        "trend": 19.389296,
        "fair_value": 14.352857,
        "relative_strength": -18.639986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.187918,
        "energy": 66.336682,
        "activity_lines": [
          16.426667,
          16.931273,
          17.717381,
          18.46822
        ]
      },
      {
        "date": "2025-01-24",
        "close": 15.81,
        "volume": 12979750,
        "typical_volume": 33329745.1,
        "trend": 19.242296,
        "fair_value": 14.34737,
        "relative_strength": -20.681903,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.43009,
        "energy": 72.847236,
        "activity_lines": [
          16.148667,
          16.676364,
          17.464429,
          18.237297
        ]
      },
      {
        "date": "2025-01-31",
        "close": 15.56,
        "volume": 21775953,
        "typical_volume": 32993630.75,
        "trend": 19.049296,
        "fair_value": 14.350314,
        "relative_strength": -22.20911,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.787567,
        "energy": 72.950401,
        "activity_lines": [
          15.889334,
          16.413818,
          17.207571,
          17.99973
        ]
      },
      {
        "date": "2025-02-07",
        "close": 14.81,
        "volume": 14957532,
        "typical_volume": 30387142.75,
        "trend": 18.829296,
        "fair_value": 14.369699,
        "relative_strength": -24.876831,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.463849,
        "energy": 64.707015,
        "activity_lines": [
          15.476,
          16.040364,
          16.901333,
          17.726227
        ]
      },
      {
        "date": "2025-02-14",
        "close": 13.04,
        "volume": 14786306,
        "typical_volume": 29223746.25,
        "trend": 18.585963,
        "fair_value": 14.374492,
        "relative_strength": -31.137033,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.060016,
        "energy": 84.949598,
        "activity_lines": [
          14.612,
          15.394727,
          16.456095,
          17.352724
        ]
      },
      {
        "date": "2025-02-21",
        "close": 12.99,
        "volume": 19683753,
        "typical_volume": 26958410.2,
        "trend": 18.303296,
        "fair_value": 14.396081,
        "relative_strength": -30.187999,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.600003,
        "energy": 86.492868,
        "activity_lines": [
          13.898,
          14.834909,
          16.036905,
          16.991694
        ]
      },
      {
        "date": "2025-02-28",
        "close": 11.98,
        "volume": 10928158,
        "typical_volume": 22747203.9,
        "trend": 17.972963,
        "fair_value": 14.407949,
        "relative_strength": -32.908931,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.143885,
        "energy": 92.237068,
        "activity_lines": [
          13.077333,
          14.187091,
          15.555762,
          16.58374
        ]
      },
      {
        "date": "2025-03-07",
        "close": 13.1,
        "volume": 21633663,
        "typical_volume": 22025762.85,
        "trend": 17.68,
        "fair_value": 14.417553,
        "relative_strength": -27.363925,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.26904,
        "energy": 84.347423,
        "activity_lines": [
          12.885333,
          13.840364,
          15.223381,
          16.269355
        ]
      },
      {
        "date": "2025-03-14",
        "close": 12.01,
        "volume": 13997941,
        "typical_volume": 20699861.4,
        "trend": 17.367,
        "fair_value": 14.412202,
        "relative_strength": -32.318477,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.611325,
        "energy": 81.342975,
        "activity_lines": [
          12.494,
          13.366364,
          14.81881,
          15.903548
        ]
      },
      {
        "date": "2025-03-21",
        "close": 13.24,
        "volume": 49455612,
        "typical_volume": 21951206.3,
        "trend": 17.086667,
        "fair_value": 14.411194,
        "relative_strength": -27.816563,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.027561,
        "energy": 58.551424,
        "activity_lines": [
          12.699333,
          13.204909,
          14.558381,
          15.63729
        ]
      },
      {
        "date": "2025-03-28",
        "close": 11.75,
        "volume": 40521738,
        "typical_volume": 22694423.4,
        "trend": 16.787,
        "fair_value": 14.412734,
        "relative_strength": -35.869482,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.265148,
        "energy": 56.866158,
        "activity_lines": [
          12.394667,
          12.814364,
          14.185286,
          15.292989
        ]
      },
      {
        "date": "2025-04-04",
        "close": 12.15,
        "volume": 17808484,
        "typical_volume": 22229284.7,
        "trend": 16.525667,
        "fair_value": 14.418019,
        "relative_strength": -31.123839,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.788466,
        "energy": 51.888876,
        "activity_lines": [
          12.306,
          12.581818,
          13.883333,
          14.993828
        ]
      },
      {
        "date": "2025-04-11",
        "close": 12.07,
        "volume": 12036523,
        "typical_volume": 21740464.3,
        "trend": 16.255,
        "fair_value": 14.421611,
        "relative_strength": -30.642854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.094097,
        "energy": 48.897673,
        "activity_lines": [
          12.179333,
          12.401273,
          13.601095,
          14.706366
        ]
      },
      {
        "date": "2025-04-18",
        "close": 12.87,
        "volume": 10049791,
        "typical_volume": 20918785.25,
        "trend": 15.983333,
        "fair_value": 14.432987,
        "relative_strength": -28.521969,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.03662,
        "energy": 46.831817,
        "activity_lines": [
          12.388,
          12.429636,
          13.418333,
          14.487979
        ]
      },
      {
        "date": "2025-04-25",
        "close": 12.6,
        "volume": 26717435,
        "typical_volume": 20386534.35,
        "trend": 15.753,
        "fair_value": 14.444993,
        "relative_strength": -29.85063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.955565,
        "energy": 36.872236,
        "activity_lines": [
          12.449333,
          12.444182,
          13.232095,
          14.269699
        ]
      },
      {
        "date": "2025-05-02",
        "close": 12.1,
        "volume": 11146854,
        "typical_volume": 19558361.6,
        "trend": 15.483667,
        "fair_value": 14.459107,
        "relative_strength": -32.754761,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.7227,
        "energy": 37.034605,
        "activity_lines": [
          12.386667,
          12.375818,
          13.02519,
          14.034022
        ]
      },
      {
        "date": "2025-05-09",
        "close": 11.13,
        "volume": 17860593,
        "typical_volume": 19292045.45,
        "trend": 15.160667,
        "fair_value": 14.471429,
        "relative_strength": -36.578858,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.431304,
        "energy": 46.067524,
        "activity_lines": [
          11.977333,
          12.147273,
          12.75519,
          13.75314
        ]
      },
      {
        "date": "2025-05-16",
        "close": 13.19,
        "volume": 21434366,
        "typical_volume": 19862610.85,
        "trend": 14.942333,
        "fair_value": 14.487807,
        "relative_strength": -27.111261,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.937036,
        "energy": 31.764484,
        "activity_lines": [
          12.322667,
          12.308727,
          12.710952,
          13.626
        ]
      },
      {
        "date": "2025-05-23",
        "close": 13.04,
        "volume": 24925496,
        "typical_volume": 20379620.55,
        "trend": 14.787667,
        "fair_value": 14.51798,
        "relative_strength": -26.692435,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.493941,
        "energy": 26.594373,
        "activity_lines": [
          12.543333,
          12.441273,
          12.670571,
          13.503269
        ]
      },
      {
        "date": "2025-05-30",
        "close": 13.05,
        "volume": 20889132,
        "typical_volume": 20576807.9,
        "trend": 14.576667,
        "fair_value": 14.548808,
        "relative_strength": -25.643503,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.297416,
        "energy": 19.965146,
        "activity_lines": [
          12.756,
          12.556909,
          12.649524,
          13.391161
        ]
      },
      {
        "date": "2025-06-06",
        "close": 13.28,
        "volume": 21127427,
        "typical_volume": 20235825.35,
        "trend": 14.396333,
        "fair_value": 14.581995,
        "relative_strength": -24.443011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.396186,
        "energy": 17.081882,
        "activity_lines": [
          13.015333,
          12.717818,
          12.662238,
          13.307505
        ]
      },
      {
        "date": "2025-06-13",
        "close": 14.54,
        "volume": 109459038,
        "typical_volume": 25059789.75,
        "trend": 14.284667,
        "fair_value": 14.631227,
        "relative_strength": -15.596324,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.807477,
        "energy": 16.285345,
        "activity_lines": [
          13.616,
          13.08,
          12.81,
          13.316774
        ]
      },
      {
        "date": "2025-06-20",
        "close": 13.4,
        "volume": 28964315,
        "typical_volume": 25419207.85,
        "trend": 14.166,
        "fair_value": 14.672856,
        "relative_strength": -22.683909,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.739148,
        "energy": 16.989349,
        "activity_lines": [
          13.609333,
          13.191455,
          12.855238,
          13.259699
        ]
      },
      {
        "date": "2025-06-27",
        "close": 14.15,
        "volume": 26423549,
        "typical_volume": 25992508.7,
        "trend": 14.053,
        "fair_value": 14.707784,
        "relative_strength": -19.3777,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.629651,
        "energy": 21.993706,
        "activity_lines": [
          13.838667,
          13.415091,
          12.98219,
          13.258667
        ]
      },
      {
        "date": "2025-07-04",
        "close": 14.33,
        "volume": 34881502,
        "typical_volume": 26997268.5,
        "trend": 13.922,
        "fair_value": 14.745636,
        "relative_strength": -17.051346,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.335379,
        "energy": 36.591506,
        "activity_lines": [
          14.054,
          13.648182,
          13.129429,
          13.276538
        ]
      },
      {
        "date": "2025-07-11",
        "close": 15.17,
        "volume": 59991571,
        "typical_volume": 29012659.4,
        "trend": 13.819333,
        "fair_value": 14.785921,
        "relative_strength": -10.41555,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.50288,
        "energy": 42.463024,
        "activity_lines": [
          14.464,
          14.002545,
          13.350524,
          13.357054
        ]
      },
      {
        "date": "2025-07-18",
        "close": 14.93,
        "volume": 28646187,
        "typical_volume": 29898560.85,
        "trend": 13.739,
        "fair_value": 14.824963,
        "relative_strength": -10.601776,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.29307,
        "energy": 50.850741,
        "activity_lines": [
          14.668,
          14.257455,
          13.538381,
          13.42871
        ]
      },
      {
        "date": "2025-07-25",
        "close": 14.02,
        "volume": 17577127,
        "typical_volume": 29695734.05,
        "trend": 13.639667,
        "fair_value": 14.857877,
        "relative_strength": -14.872229,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.473373,
        "energy": 39.093171,
        "activity_lines": [
          14.542667,
          14.277818,
          13.625524,
          13.446839
        ]
      },
      {
        "date": "2025-08-01",
        "close": 13.75,
        "volume": 16362874,
        "typical_volume": 29813980.7,
        "trend": 13.534667,
        "fair_value": 14.888174,
        "relative_strength": -14.783044,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.983219,
        "energy": 23.933062,
        "activity_lines": [
          14.286,
          14.234,
          13.682571,
          13.453957
        ]
      },
      {
        "date": "2025-08-08",
        "close": 13.25,
        "volume": 10224749,
        "typical_volume": 27852437.55,
        "trend": 13.458333,
        "fair_value": 14.918513,
        "relative_strength": -16.3326,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 4.684468,
        "energy": 6.729085,
        "activity_lines": [
          13.889333,
          14.086364,
          13.683714,
          13.435591
        ]
      },
      {
        "date": "2025-08-15",
        "close": 13.17,
        "volume": 7918118,
        "typical_volume": 26222256.55,
        "trend": 13.349333,
        "fair_value": 14.947748,
        "relative_strength": -16.913433,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.428026,
        "energy": 19.826606,
        "activity_lines": [
          13.538,
          13.920545,
          13.67719,
          13.416989
        ]
      },
      {
        "date": "2025-08-22",
        "close": 14.26,
        "volume": 48962840,
        "typical_volume": 27779974.35,
        "trend": 13.297667,
        "fair_value": 14.985447,
        "relative_strength": -10.097958,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.169051,
        "energy": 21.630494,
        "activity_lines": [
          13.683333,
          13.954909,
          13.767714,
          13.475742
        ]
      },
      {
        "date": "2025-08-29",
        "close": 13.62,
        "volume": 10533168,
        "typical_volume": 27704806.6,
        "trend": 13.233,
        "fair_value": 15.016387,
        "relative_strength": -11.87247,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.074431,
        "energy": 16.844128,
        "activity_lines": [
          13.66,
          13.878,
          13.787238,
          13.496538
        ]
      },
      {
        "date": "2025-09-05",
        "close": 13.98,
        "volume": 11536029,
        "typical_volume": 27779118.5,
        "trend": 13.205333,
        "fair_value": 15.050814,
        "relative_strength": -10.037341,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.153903,
        "energy": 13.682886,
        "activity_lines": [
          13.783333,
          13.862545,
          13.833667,
          13.544731
        ]
      },
      {
        "date": "2025-09-12",
        "close": 13.88,
        "volume": 9136166,
        "typical_volume": 26900055.05,
        "trend": 13.233333,
        "fair_value": 15.086077,
        "relative_strength": -11.346321,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 32.725446,
        "energy": 18.004672,
        "activity_lines": [
          13.858,
          13.832,
          13.865286,
          13.588258
        ]
      },
      {
        "date": "2025-09-19",
        "close": 14.23,
        "volume": 16007958,
        "typical_volume": 27143110.25,
        "trend": 13.274667,
        "fair_value": 15.124763,
        "relative_strength": -9.166008,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 41.429618,
        "energy": 22.168827,
        "activity_lines": [
          14.007333,
          13.873273,
          13.924143,
          13.652559
        ]
      },
      {
        "date": "2025-09-26",
        "close": 13.25,
        "volume": 13238450,
        "typical_volume": 26912003.1,
        "trend": 13.317,
        "fair_value": 15.160414,
        "relative_strength": -12.550039,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 21.860642,
        "energy": 11.519137,
        "activity_lines": [
          13.759333,
          13.753455,
          13.879524,
          13.650968
        ]
      },
      {
        "date": "2025-10-03",
        "close": 13.3,
        "volume": 10071590,
        "typical_volume": 26343864.3,
        "trend": 13.323667,
        "fair_value": 15.191959,
        "relative_strength": -12.317118,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.603739,
        "energy": 7.510937,
        "activity_lines": [
          13.595333,
          13.673273,
          13.829571,
          13.649871
        ]
      },
      {
        "date": "2025-10-10",
        "close": 13.04,
        "volume": 10697901,
        "typical_volume": 25632484.55,
        "trend": 13.358,
        "fair_value": 15.225378,
        "relative_strength": -14.502076,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 0.831502,
        "energy": 19.360099,
        "activity_lines": [
          13.366,
          13.558909,
          13.754333,
          13.63157
        ]
      },
      {
        "date": "2025-10-17",
        "close": 12.85,
        "volume": 8783716,
        "typical_volume": 25027213.75,
        "trend": 13.345,
        "fair_value": 15.25876,
        "relative_strength": -16.35375,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.385131,
        "energy": 38.23988,
        "activity_lines": [
          13.136,
          13.422909,
          13.661,
          13.598796
        ]
      },
      {
        "date": "2025-10-24",
        "close": 13.68,
        "volume": 15615510,
        "typical_volume": 24751617.9,
        "trend": 13.409333,
        "fair_value": 15.297757,
        "relative_strength": -10.668004,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.914894,
        "energy": 26.647072,
        "activity_lines": [
          13.251333,
          13.445091,
          13.647667,
          13.620409
        ]
      },
      {
        "date": "2025-10-31",
        "close": 14.04,
        "volume": 19781450,
        "typical_volume": 20267738.5,
        "trend": 13.472333,
        "fair_value": 15.336702,
        "relative_strength": -7.301412,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 21.091479,
        "energy": 12.247949,
        "activity_lines": [
          13.523333,
          13.523455,
          13.666714,
          13.661097
        ]
      },
      {
        "date": "2025-11-07",
        "close": 13.86,
        "volume": 27888384,
        "typical_volume": 20213941.95,
        "trend": 13.532,
        "fair_value": 15.374787,
        "relative_strength": -6.965253,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.931792,
        "energy": 11.732841,
        "activity_lines": [
          13.682667,
          13.573091,
          13.671,
          13.686108
        ]
      },
      {
        "date": "2025-11-14",
        "close": 13.3,
        "volume": 11346484,
        "typical_volume": 19460088.7,
        "trend": 13.546333,
        "fair_value": 15.410758,
        "relative_strength": -11.444129,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.87482,
        "energy": 8.213249,
        "activity_lines": [
          13.618,
          13.516545,
          13.619762,
          13.67114
        ]
      },
      {
        "date": "2025-11-21",
        "close": 13.15,
        "volume": 13060995,
        "typical_volume": 18369063.35,
        "trend": 13.564667,
        "fair_value": 15.445473,
        "relative_strength": -12.378081,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.644048,
        "energy": 7.434138,
        "activity_lines": [
          13.486,
          13.445091,
          13.558286,
          13.64557
        ]
      },
      {
        "date": "2025-11-28",
        "close": 12.81,
        "volume": 9639780,
        "typical_volume": 15851473.8,
        "trend": 13.588333,
        "fair_value": 15.469745,
        "relative_strength": -14.402229,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.11633,
        "energy": 33.58864,
        "activity_lines": [
          13.220667,
          13.325091,
          13.470048,
          13.596882
        ]
      },
      {
        "date": "2025-12-05",
        "close": 12.05,
        "volume": 11906770,
        "typical_volume": 15014502.95,
        "trend": 13.619,
        "fair_value": 15.493277,
        "relative_strength": -18.663675,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.001176,
        "energy": 68.64089,
        "activity_lines": [
          12.76,
          13.092727,
          13.320667,
          13.497634
        ]
      },
      {
        "date": "2025-12-12",
        "close": 11.83,
        "volume": 12538752,
        "typical_volume": 14762584.2,
        "trend": 13.573667,
        "fair_value": 15.503888,
        "relative_strength": -18.942216,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.075934,
        "energy": 76.489867,
        "activity_lines": [
          12.358667,
          12.842182,
          13.164048,
          13.382215
        ]
      },
      {
        "date": "2025-12-19",
        "close": 12.02,
        "volume": 12304717,
        "typical_volume": 14559676.35,
        "trend": 13.539667,
        "fair_value": 15.515718,
        "relative_strength": -16.605701,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.612508,
        "energy": 76.853376,
        "activity_lines": [
          12.156,
          12.652909,
          13.035952,
          13.281978
        ]
      },
      {
        "date": "2025-12-26",
        "close": 11.49,
        "volume": 13027383,
        "typical_volume": 14699808.05,
        "trend": 13.487667,
        "fair_value": 15.525626,
        "relative_strength": -19.757107,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.113572,
        "energy": 83.418724,
        "activity_lines": [
          11.862,
          12.385818,
          12.865619,
          13.149742
        ]
      },
      {
        "date": "2026-01-02",
        "close": 11.9,
        "volume": 14163078,
        "typical_volume": 15012056.05,
        "trend": 13.441667,
        "fair_value": 15.536096,
        "relative_strength": -17.066237,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.869892,
        "energy": 74.46138,
        "activity_lines": [
          11.815333,
          12.218,
          12.742714,
          13.047312
        ]
      },
      {
        "date": "2026-01-09",
        "close": 11.21,
        "volume": 12206650,
        "typical_volume": 13174246.55,
        "trend": 13.330667,
        "fair_value": 15.543029,
        "relative_strength": -19.266305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.508035,
        "energy": 71.694068,
        "activity_lines": [
          11.599333,
          11.957091,
          12.560143,
          12.903333
        ]
      },
      {
        "date": "2026-01-16",
        "close": 10.75,
        "volume": 11486799,
        "typical_volume": 13221928.1,
        "trend": 13.242333,
        "fair_value": 15.547013,
        "relative_strength": -21.805465,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.773391,
        "energy": 76.03815,
        "activity_lines": [
          11.286,
          11.664,
          12.348286,
          12.736839
        ]
      },
      {
        "date": "2026-01-23",
        "close": 9.91,
        "volume": 15648901,
        "typical_volume": 13427571.7,
        "trend": 13.101,
        "fair_value": 15.552104,
        "relative_strength": -25.281204,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.500944,
        "energy": 87.595213,
        "activity_lines": [
          10.764667,
          11.274727,
          12.070095,
          12.521849
        ]
      },
      {
        "date": "2026-01-30",
        "close": 10.39,
        "volume": 15085248,
        "typical_volume": 13725025.8,
        "trend": 12.969667,
        "fair_value": 15.565585,
        "relative_strength": -21.789097,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.277228,
        "energy": 82.594982,
        "activity_lines": [
          10.544,
          11.034364,
          11.857,
          12.346946
        ]
      },
      {
        "date": "2026-02-06",
        "close": 10.18,
        "volume": 23475042,
        "typical_volume": 14098380.0,
        "trend": 12.803333,
        "fair_value": 15.579491,
        "relative_strength": -23.833648,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.255897,
        "energy": 84.13563,
        "activity_lines": [
          10.326667,
          10.806,
          11.640524,
          12.166968
        ]
      },
      {
        "date": "2026-02-13",
        "close": 10.16,
        "volume": 14399599,
        "typical_volume": 14156437.45,
        "trend": 12.644333,
        "fair_value": 15.594744,
        "relative_strength": -22.834496,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.641766,
        "energy": 78.099598,
        "activity_lines": [
          10.217333,
          10.621818,
          11.441429,
          11.99643
        ]
      },
      {
        "date": "2026-02-20",
        "close": 10.06,
        "volume": 11279317,
        "typical_volume": 14216823.8,
        "trend": 12.512333,
        "fair_value": 15.611422,
        "relative_strength": -23.390409,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.419246,
        "energy": 62.05817,
        "activity_lines": [
          10.144667,
          10.453818,
          11.247524,
          11.829699
        ]
      },
      {
        "date": "2026-02-27",
        "close": 9.87,
        "volume": 10687627,
        "typical_volume": 14216310.1,
        "trend": 12.383,
        "fair_value": 15.622454,
        "relative_strength": -23.235627,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.579722,
        "energy": 60.66819,
        "activity_lines": [
          10.054667,
          10.283455,
          11.050952,
          11.659226
        ]
      },
      {
        "date": "2026-03-06",
        "close": 9.07,
        "volume": 14202482,
        "typical_volume": 14487248.4,
        "trend": 12.243667,
        "fair_value": 15.626884,
        "relative_strength": -26.777888,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.323133,
        "energy": 67.459577,
        "activity_lines": [
          9.700667,
          10.006727,
          10.793286,
          11.445484
        ]
      },
      {
        "date": "2026-03-13",
        "close": 9.91,
        "volume": 35038560,
        "typical_volume": 15458400.9,
        "trend": 12.135,
        "fair_value": 15.637878,
        "relative_strength": -15.158028,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.301852,
        "energy": 55.976861,
        "activity_lines": [
          9.714667,
          9.926727,
          10.633619,
          11.294925
        ]
      },
      {
        "date": "2026-03-20",
        "close": 9.35,
        "volume": 21795601,
        "typical_volume": 15559108.45,
        "trend": 11.971333,
        "fair_value": 15.647938,
        "relative_strength": -19.32588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.47459,
        "energy": 57.035007,
        "activity_lines": [
          9.56,
          9.781091,
          10.438571,
          11.115247
        ]
      },
      {
        "date": "2026-03-27",
        "close": 8.71,
        "volume": 23540541,
        "typical_volume": 15341716.3,
        "trend": 11.807667,
        "fair_value": 15.650355,
        "relative_strength": -23.53098,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.812319,
        "energy": 62.14762,
        "activity_lines": [
          9.246,
          9.552909,
          10.204905,
          10.904839
        ]
      },
      {
        "date": "2026-04-03",
        "close": 9.27,
        "volume": 24435236,
        "typical_volume": 15996153.9,
        "trend": 11.650667,
        "fair_value": 15.655181,
        "relative_strength": -17.845676,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.437834,
        "energy": 51.352571,
        "activity_lines": [
          9.208667,
          9.463636,
          10.049095,
          10.741118
        ]
      },
      {
        "date": "2026-04-10",
        "close": 10.01,
        "volume": 26235074,
        "typical_volume": 16654857.85,
        "trend": 11.521667,
        "fair_value": 15.665636,
        "relative_strength": -15.85448,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.399006,
        "energy": 43.804312,
        "activity_lines": [
          9.458,
          9.520545,
          9.982952,
          10.635269
        ]
      },
      {
        "date": "2026-04-17",
        "close": 11.03,
        "volume": 37797039,
        "typical_volume": 18062720.8,
        "trend": 11.415,
        "fair_value": 15.683219,
        "relative_strength": -8.124012,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.522219,
        "energy": 19.955145,
        "activity_lines": [
          9.984667,
          9.769818,
          10.028905,
          10.603548
        ]
      },
      {
        "date": "2026-04-24",
        "close": 10.57,
        "volume": 31042154,
        "typical_volume": 19019490.0,
        "trend": 11.325667,
        "fair_value": 15.698739,
        "relative_strength": -9.989748,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.788979,
        "energy": 20.483797,
        "activity_lines": [
          10.283333,
          9.92,
          10.039524,
          10.549032
        ]
      },
      {
        "date": "2026-05-01",
        "close": 12.54,
        "volume": 255390475,
        "typical_volume": 31162076.15,
        "trend": 11.300333,
        "fair_value": 15.724822,
        "relative_strength": 6.236542,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 19.218499,
        "energy": 29.284611,
        "activity_lines": [
          11.157333,
          10.420909,
          10.24481,
          10.627376
        ]
      },
      {
        "date": "2026-05-08",
        "close": 12.1,
        "volume": 33123480,
        "typical_volume": 32203014.3,
        "trend": 11.269,
        "fair_value": 15.751035,
        "relative_strength": 1.605093,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 32.765634,
        "energy": 39.855826,
        "activity_lines": [
          11.629333,
          10.796727,
          10.40481,
          10.678968
        ]
      },
      {
        "date": "2026-05-15",
        "close": 11.38,
        "volume": 40047115,
        "typical_volume": 33554000.9,
        "trend": 11.22,
        "fair_value": 15.772338,
        "relative_strength": -2.112754,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 22.96634,
        "energy": 42.104283,
        "activity_lines": [
          11.672667,
          11.001091,
          10.495857,
          10.686129
        ]
      },
      {
        "date": "2026-05-22",
        "close": 10.97,
        "volume": 21259720,
        "typical_volume": 33908833.0,
        "trend": 11.129667,
        "fair_value": 15.789537,
        "relative_strength": -5.711666,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.649349,
        "energy": 34.078675,
        "activity_lines": [
          11.488,
          11.088909,
          10.548381,
          10.67
        ]
      },
      {
        "date": "2026-05-29",
        "close": 11.53,
        "volume": 26975630,
        "typical_volume": 34647282.0,
        "trend": 11.046,
        "fair_value": 15.810325,
        "relative_strength": -0.029,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.707195,
        "energy": 21.240366,
        "activity_lines": [
          11.494,
          11.259273,
          10.658667,
          10.695828
        ]
      },
      {
        "date": "2026-06-05",
        "close": 11.22,
        "volume": 1937037,
        "typical_volume": 34169793.9,
        "trend": 10.958,
        "fair_value": 15.819683,
        "relative_strength": -1.766514,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 13.4091,
        "energy": 12.571575,
        "activity_lines": [
          11.332667,
          11.333636,
          10.737905,
          10.707054
        ]
      },
      {
        "date": "2026-06-12",
        "close": 11.15,
        "volume": 2146076,
        "typical_volume": 33494652.65,
        "trend": 10.886333,
        "fair_value": 15.828592,
        "relative_strength": -2.994569,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 10.772276,
        "energy": 10.129284,
        "activity_lines": [
          11.236,
          11.349636,
          10.808238,
          10.719441
        ]
      },
      {
        "date": "2026-06-19",
        "close": 11.13,
        "volume": 2342068,
        "typical_volume": 32857493.65,
        "trend": 10.819,
        "fair_value": 15.840914,
        "relative_strength": -4.477359,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 9.198336,
        "energy": 10.128784,
        "activity_lines": [
          11.196,
          11.327818,
          10.870762,
          10.735161
        ]
      },
      {
        "date": "2026-06-26",
        "close": 10.74,
        "volume": 0,
        "typical_volume": 31683741.55,
        "trend": 10.75,
        "fair_value": 15.843358,
        "relative_strength": -7.602699,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 5.61003,
        "energy": 7.46469,
        "activity_lines": [
          11.042667,
          11.214727,
          10.892619,
          10.730065
        ]
      },
      {
        "date": "2026-07-03",
        "close": 10.47,
        "volume": 1895331,
        "typical_volume": 31058528.15,
        "trend": 10.697333,
        "fair_value": 15.843186,
        "relative_strength": -10.253407,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.405856,
        "energy": 15.274831,
        "activity_lines": [
          10.814667,
          11.057818,
          10.886095,
          10.712
        ]
      },
      {
        "date": "2026-07-10",
        "close": 10.16,
        "volume": 8667207,
        "typical_volume": 30927922.65,
        "trend": 10.641667,
        "fair_value": 15.845453,
        "relative_strength": -12.034895,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.067156,
        "energy": 18.230879,
        "activity_lines": [
          10.554,
          10.846364,
          10.848571,
          10.677333
        ]
      },
      {
        "date": "2026-07-17",
        "close": 9.95,
        "volume": 9403414,
        "typical_volume": 30863712.0,
        "trend": 10.572667,
        "fair_value": 15.842833,
        "relative_strength": -13.646047,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.342853,
        "energy": 30.78251,
        "activity_lines": [
          10.294,
          10.64,
          10.790571,
          10.63271
        ]
      },
      {
        "date": "2026-07-24",
        "close": 10.03,
        "volume": 16726456,
        "typical_volume": 30989910.7,
        "trend": 10.524,
        "fair_value": 15.830692,
        "relative_strength": -10.356935,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.040305,
        "energy": 37.636797,
        "activity_lines": [
          10.140667,
          10.487273,
          10.73981,
          10.597699
        ]
      },
      {
        "date": "2026-07-31",
        "close": 9.95,
        "volume": 6596350,
        "typical_volume": 29567800.2,
        "trend": 10.459,
        "fair_value": 15.802987,
        "relative_strength": -12.778659,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.007222,
        "energy": 51.533745,
        "activity_lines": [
          10.034,
          10.344545,
          10.676857,
          10.560667
        ]
      },
      {
        "date": "2026-08-07",
        "close": 9.82,
        "volume": 8498469,
        "typical_volume": 28902943.6,
        "trend": 10.412667,
        "fair_value": 15.781531,
        "relative_strength": -14.064231,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.032004,
        "energy": 52.817262,
        "activity_lines": [
          9.936667,
          10.196727,
          10.601333,
          10.519441
        ]
      }
    ],
    "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."
    }
  }
}