{
  "ticker": {
    "uuid": "b1c595df-f9f1-4b67-b175-2a0556a4d959",
    "symbol": "6967",
    "name": "Trans-Sun Materials Technology Company Limited",
    "exchange": "TWO",
    "country": "TW",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Momentum cooling",
    "architecture_gate": "mixed",
    "architecture_direction": -13.517,
    "architecture_energy": 19.432,
    "architecture_maturity": 33.967,
    "architecture_confidence": 46.816,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 52.26,
        "rotation_up": 20.21,
        "upward_expansion": 18.12,
        "deceleration": 55.3,
        "rotation_down": 52.57,
        "downward_expansion": 43.12
      },
      "activity_lines": [
        69.243306,
        70.223592,
        71.148064,
        70.553515
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 68.800003,
    "trend_reference": 69.525069,
    "distance_from_trend": -0.010429,
    "trend_direction": "Improving",
    "fair_value": 58.923552,
    "distance_from_fair_value": 0.167615,
    "fair_value_direction": "Weakening",
    "relative_strength": -23.615038,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.082812,
    "excess_performance": -0.35856,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.010429,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.038999,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.167615,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.080543,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.23615,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.06909,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.082812,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.014652,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 313746,
      "relative_activity": 0.488893,
      "balance": 1.014652,
      "dry_up": 0.685243,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.078843,
      "annualized_volatility": 0.325201,
      "from_high_reference": -0.226966,
      "from_low_reference": 0.48058
    },
    "levels": {
      "trend_reference": 69.525069,
      "fair_value_reference": 58.923552,
      "structural_low": 58.701769,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 6,
        "median_return": 0.032483,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.003226,
        "regime_survival": 0.666667,
        "best_return": 0.054483,
        "worst_return": -0.078378,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.187497,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.016584,
        "regime_survival": 0.0,
        "best_return": 0.2,
        "worst_return": 0.174995,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.346902,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.079069,
        "regime_survival": 1.0,
        "best_return": 0.346902,
        "worst_return": 0.346902,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.218605,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": -0.061914,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-15",
        "end": "2025-08-29",
        "tenure": "New",
        "return": 0.024433,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-05",
        "end": "2025-10-10",
        "tenure": "Developing",
        "return": -0.02931,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-17",
        "end": "2025-10-31",
        "tenure": "New",
        "return": -0.013445,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-07",
        "end": "2026-02-06",
        "tenure": "Established",
        "return": 0.169285,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-13",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.205123,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": -0.069281,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-05",
        "end": "2026-08-14",
        "tenure": "Developing",
        "return": -0.037762,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-09-29",
        "close": 60.526215,
        "volume": 135464,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 49.97736,
        "volume": 184804,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 47.988644,
        "volume": 87829,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 43.233013,
        "volume": 60688,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 49.97736,
        "volume": 198659,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 48.593906,
        "volume": 138983,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 47.556313,
        "volume": 37649,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 50.063828,
        "volume": 38978,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 48.507439,
        "volume": 27350,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 58.364571,
        "volume": 728404,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 58.796898,
        "volume": 94799,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 59.661556,
        "volume": 159275,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 60.872082,
        "volume": 12998,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 62.428467,
        "volume": 72031,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 63.120205,
        "volume": 50514,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 59.488628,
        "volume": 108378,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 58.105167,
        "volume": 16544,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 59.229229,
        "volume": 23829,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 60.00742,
        "volume": 42769,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 60.526215,
        "volume": 4400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 65.71418,
        "volume": 105138,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 70.296883,
        "volume": 180862,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 68.913414,
        "volume": 234498,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 69.432213,
        "volume": 144987,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 66.578842,
        "volume": 127513,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 66.578842,
        "volume": 63106,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 65.326439,
        "volume": 107276,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 64.240685,
        "volume": 40426,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 63.788288,
        "volume": 62680,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 59.716694,
        "volume": 114332,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 61.797733,
        "volume": 155455,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 63.154934,
        "volume": 137188,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 63.516846,
        "volume": 125460,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 65.145477,
        "volume": 175525,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 65.416924,
        "volume": 114130,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 63.245407,
        "volume": 127923,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 63.607327,
        "volume": 75160,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 65.145477,
        "volume": 71370,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 65.597885,
        "volume": 128810,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 68.312279,
        "volume": 174260,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 73.198189,
        "volume": 275270,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 71.026672,
        "volume": 226858,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 68.49324,
        "volume": 133174,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 61.616772,
        "volume": 125228,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 62.159645,
        "volume": 84975,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 65.055008,
        "volume": 173083,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 63.335884,
        "volume": 90360,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 62.431087,
        "volume": 54003,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 62.793007,
        "volume": 129150,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 63.335884,
        "volume": 129409,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 59.716694,
        "volume": 128858,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 59.626217,
        "volume": 240182,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 66.050278,
        "volume": 4513427,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 56.007019,
        "volume": 917000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 58.088051,
        "volume": 638000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 55.192703,
        "volume": 506000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 54.921265,
        "volume": 249000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 51.663986,
        "volume": 314000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 49.401993,
        "volume": 307000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 46.778076,
        "volume": 218000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 46.597118,
        "volume": 121412,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 45.692318,
        "volume": 184000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 46.32568,
        "volume": 185000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 45.420879,
        "volume": 150000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 49.763912,
        "volume": 384000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 47.592396,
        "volume": 188000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 47.230476,
        "volume": 67000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 47.501915,
        "volume": 120000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 47.139996,
        "volume": 99000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 46.687595,
        "volume": 50000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 47.863834,
        "volume": 70150,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 48.949593,
        "volume": 442247,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 53.835506,
        "volume": 660113,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 52.206867,
        "volume": 231505,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 51.392548,
        "volume": 154445,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 53.925983,
        "volume": 371475,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 53.654541,
        "volume": 176044,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 51.209942,
        "volume": 269071,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 48.364944,
        "volume": 117019,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 40.778286,
        "volume": 281010,
        "typical_volume": 216074.55,
        "trend": 50.98602,
        "fair_value": 57.444716,
        "relative_strength": -18.215503,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.171267,
        "energy": 40.858848,
        "activity_lines": [
          47.481073,
          49.544442,
          49.245455,
          49.453318
        ]
      },
      {
        "date": "2025-04-18",
        "close": 40.778286,
        "volume": 57050,
        "typical_volume": 212856.45,
        "trend": 50.35474,
        "fair_value": 57.238958,
        "relative_strength": -17.043202,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.296124,
        "energy": 58.456953,
        "activity_lines": [
          44.544922,
          47.828093,
          48.49989,
          48.794754
        ]
      },
      {
        "date": "2025-04-25",
        "close": 46.278614,
        "volume": 827030,
        "typical_volume": 245007.95,
        "trend": 49.90982,
        "fair_value": 57.105295,
        "relative_strength": -7.605421,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.370553,
        "energy": 53.768993,
        "activity_lines": [
          44.318727,
          47.240632,
          48.305875,
          48.531778
        ]
      },
      {
        "date": "2025-05-02",
        "close": 45.994114,
        "volume": 70060,
        "typical_volume": 239260.95,
        "trend": 49.241281,
        "fair_value": 56.971425,
        "relative_strength": -11.635893,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.126537,
        "energy": 60.92388,
        "activity_lines": [
          44.489427,
          46.650007,
          48.081973,
          48.279152
        ]
      },
      {
        "date": "2025-05-09",
        "close": 43.860367,
        "volume": 179022,
        "typical_volume": 240712.05,
        "trend": 48.836393,
        "fair_value": 56.815341,
        "relative_strength": -15.594203,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.302559,
        "energy": 50.841165,
        "activity_lines": [
          44.296599,
          45.813999,
          47.656435,
          47.931997
        ]
      },
      {
        "date": "2025-05-16",
        "close": 50.546108,
        "volume": 295005,
        "typical_volume": 236262.3,
        "trend": 48.584995,
        "fair_value": 56.741586,
        "relative_strength": -6.317264,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.737437,
        "energy": 12.510511,
        "activity_lines": [
          46.632658,
          46.345335,
          47.875066,
          48.042301
        ]
      },
      {
        "date": "2025-05-23",
        "close": 49.692612,
        "volume": 100103,
        "typical_volume": 231867.45,
        "trend": 48.401658,
        "fair_value": 56.659621,
        "relative_strength": -6.524835,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.680017,
        "energy": 13.487708,
        "activity_lines": [
          48.033029,
          46.736879,
          48.008686,
          48.11376
        ]
      },
      {
        "date": "2025-05-30",
        "close": 50.546108,
        "volume": 108011,
        "typical_volume": 233918.0,
        "trend": 48.25582,
        "fair_value": 56.58935,
        "relative_strength": -3.055726,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 4.969653,
        "energy": 13.50845,
        "activity_lines": [
          49.123611,
          47.360575,
          48.213591,
          48.252112
        ]
      },
      {
        "date": "2025-06-06",
        "close": 48.649445,
        "volume": 69001,
        "typical_volume": 231368.05,
        "trend": 48.155335,
        "fair_value": 56.499124,
        "relative_strength": -7.50365,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.270183,
        "energy": 18.043157,
        "activity_lines": [
          49.297472,
          47.69594,
          48.222073,
          48.277507
        ]
      },
      {
        "date": "2025-06-13",
        "close": 49.408108,
        "volume": 89035,
        "typical_volume": 230869.8,
        "trend": 48.155539,
        "fair_value": 56.41945,
        "relative_strength": -7.322925,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 27.279435,
        "energy": 21.288632,
        "activity_lines": [
          49.547198,
          48.215798,
          48.297344,
          48.358331
        ]
      },
      {
        "date": "2025-06-20",
        "close": 47.084698,
        "volume": 130001,
        "typical_volume": 234869.85,
        "trend": 48.16576,
        "fair_value": 56.31573,
        "relative_strength": -11.034423,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.118671,
        "energy": 8.245597,
        "activity_lines": [
          48.652606,
          48.294251,
          48.140537,
          48.289244
        ]
      },
      {
        "date": "2025-06-27",
        "close": 46.657948,
        "volume": 35163,
        "typical_volume": 233120.5,
        "trend": 48.167787,
        "fair_value": 56.209601,
        "relative_strength": -13.403472,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -7.122217,
        "energy": 4.487296,
        "activity_lines": [
          47.846524,
          48.180451,
          47.941196,
          48.191966
        ]
      },
      {
        "date": "2025-07-04",
        "close": 47.321781,
        "volume": 64069,
        "typical_volume": 214211.6,
        "trend": 48.222103,
        "fair_value": 56.112994,
        "relative_strength": -11.425463,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.967324,
        "energy": 16.375673,
        "activity_lines": [
          47.46403,
          48.080446,
          47.81082,
          48.137385
        ]
      },
      {
        "date": "2025-07-11",
        "close": 47.416611,
        "volume": 39000,
        "typical_volume": 183155.95,
        "trend": 48.258467,
        "fair_value": 56.019485,
        "relative_strength": -11.305402,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.457517,
        "energy": 21.066876,
        "activity_lines": [
          47.328102,
          47.978715,
          47.697227,
          48.085418
        ]
      },
      {
        "date": "2025-07-18",
        "close": 46.942448,
        "volume": 48000,
        "typical_volume": 173980.7,
        "trend": 48.309186,
        "fair_value": 55.922921,
        "relative_strength": -13.887899,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.287112,
        "energy": 27.732081,
        "activity_lines": [
          47.116308,
          47.76491,
          47.569041,
          48.000513
        ]
      },
      {
        "date": "2025-07-25",
        "close": 47.416611,
        "volume": 38000,
        "typical_volume": 168158.45,
        "trend": 48.230943,
        "fair_value": 55.83338,
        "relative_strength": -12.249369,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.470956,
        "energy": 26.054016,
        "activity_lines": [
          47.226946,
          47.581278,
          47.511083,
          47.942928
        ]
      },
      {
        "date": "2025-08-01",
        "close": 46.657946,
        "volume": 26000,
        "typical_volume": 150884.7,
        "trend": 48.199794,
        "fair_value": 55.737803,
        "relative_strength": -13.338663,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -49.1084,
        "energy": 27.923476,
        "activity_lines": [
          47.062568,
          47.316607,
          47.399804,
          47.841444
        ]
      },
      {
        "date": "2025-08-08",
        "close": 47.416611,
        "volume": 51002,
        "typical_volume": 144632.6,
        "trend": 48.205999,
        "fair_value": 55.652018,
        "relative_strength": -13.429979,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.382861,
        "energy": 22.098972,
        "activity_lines": [
          47.151079,
          47.24505,
          47.395388,
          47.790916
        ]
      },
      {
        "date": "2025-08-15",
        "close": 54.339436,
        "volume": 385619,
        "typical_volume": 150460.0,
        "trend": 48.433916,
        "fair_value": 55.638624,
        "relative_strength": -1.404852,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.676909,
        "energy": 36.093835,
        "activity_lines": [
          49.540875,
          48.489089,
          48.079993,
          48.186622
        ]
      },
      {
        "date": "2025-08-22",
        "close": 53.580772,
        "volume": 541066,
        "typical_volume": 171662.35,
        "trend": 48.648609,
        "fair_value": 55.617837,
        "relative_strength": 0.042518,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 42.469177,
        "energy": 56.681511,
        "activity_lines": [
          51.216263,
          49.491735,
          48.677443,
          48.518677
        ]
      },
      {
        "date": "2025-08-29",
        "close": 55.667103,
        "volume": 568120,
        "typical_volume": 186017.85,
        "trend": 48.947926,
        "fair_value": 55.61833,
        "relative_strength": 2.382609,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 77.214856,
        "energy": 79.342056,
        "activity_lines": [
          53.144539,
          50.797847,
          49.448753,
          48.971483
        ]
      },
      {
        "date": "2025-09-05",
        "close": 55.003269,
        "volume": 174052,
        "typical_volume": 191867.95,
        "trend": 49.185907,
        "fair_value": 55.61224,
        "relative_strength": 0.576891,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.613931,
        "energy": 80.551756,
        "activity_lines": [
          54.301504,
          51.827219,
          50.085942,
          49.36215
        ]
      },
      {
        "date": "2025-09-12",
        "close": 63.538261,
        "volume": 987524,
        "typical_volume": 199892.65,
        "trend": 49.672196,
        "fair_value": 55.689946,
        "relative_strength": 12.158794,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.224346,
        "energy": 92.551456,
        "activity_lines": [
          57.747111,
          54.256674,
          51.468249,
          50.288109
        ]
      },
      {
        "date": "2025-09-19",
        "close": 55.003269,
        "volume": 550137,
        "typical_volume": 223896.5,
        "trend": 49.711121,
        "fair_value": 55.68328,
        "relative_strength": -2.801778,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.251343,
        "energy": 75.541664,
        "activity_lines": [
          57.272945,
          54.839467,
          51.955511,
          50.632049
        ]
      },
      {
        "date": "2025-09-26",
        "close": 53.391106,
        "volume": 202003,
        "typical_volume": 225045.55,
        "trend": 49.750596,
        "fair_value": 55.66124,
        "relative_strength": -5.160296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.406487,
        "energy": 49.817925,
        "activity_lines": [
          56.217135,
          54.9912,
          52.246333,
          50.869467
        ]
      },
      {
        "date": "2025-10-03",
        "close": 54.054939,
        "volume": 151278,
        "typical_volume": 217859.2,
        "trend": 49.839342,
        "fair_value": 55.645941,
        "relative_strength": -7.51115,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.358772,
        "energy": 42.397516,
        "activity_lines": [
          55.395248,
          55.146382,
          52.554992,
          51.147167
        ]
      },
      {
        "date": "2025-10-10",
        "close": 53.391106,
        "volume": 71000,
        "typical_volume": 216404.05,
        "trend": 49.821513,
        "fair_value": 55.624669,
        "relative_strength": -10.016449,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.01581,
        "energy": 21.443927,
        "activity_lines": [
          54.45956,
          55.06017,
          52.783721,
          51.376313
        ]
      },
      {
        "date": "2025-10-17",
        "close": 56.42577,
        "volume": 319170,
        "typical_volume": 226962.0,
        "trend": 49.913887,
        "fair_value": 55.632156,
        "relative_strength": -4.506584,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.434428,
        "energy": 22.596394,
        "activity_lines": [
          54.642905,
          55.403294,
          53.283854,
          51.802394
        ]
      },
      {
        "date": "2025-10-24",
        "close": 57.089603,
        "volume": 184020,
        "typical_volume": 232712.95,
        "trend": 50.109876,
        "fair_value": 55.645651,
        "relative_strength": -3.954025,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.084713,
        "energy": 27.387758,
        "activity_lines": [
          55.521693,
          55.703313,
          53.81921,
          52.265343
        ]
      },
      {
        "date": "2025-10-31",
        "close": 55.667103,
        "volume": 135000,
        "typical_volume": 235011.2,
        "trend": 50.353281,
        "fair_value": 55.645848,
        "relative_strength": -8.362138,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.30318,
        "energy": 29.079474,
        "activity_lines": [
          55.787226,
          55.694691,
          54.178899,
          52.623874
        ]
      },
      {
        "date": "2025-11-07",
        "close": 54.339436,
        "volume": 80000,
        "typical_volume": 232511.15,
        "trend": 50.80532,
        "fair_value": 55.633972,
        "relative_strength": -8.417291,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.945322,
        "energy": 27.950531,
        "activity_lines": [
          55.45847,
          55.406743,
          54.382338,
          52.881046
        ]
      },
      {
        "date": "2025-11-14",
        "close": 56.42577,
        "volume": 330055,
        "typical_volume": 247255.75,
        "trend": 51.326902,
        "fair_value": 55.641105,
        "relative_strength": -3.987083,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.027127,
        "energy": 29.291549,
        "activity_lines": [
          55.806192,
          55.522267,
          54.74993,
          53.243655
        ]
      },
      {
        "date": "2025-11-21",
        "close": 55.382607,
        "volume": 152382,
        "typical_volume": 251671.4,
        "trend": 51.630369,
        "fair_value": 55.638797,
        "relative_strength": -2.364131,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.370738,
        "energy": 23.638572,
        "activity_lines": [
          55.603882,
          55.422262,
          54.97166,
          53.505314
        ]
      },
      {
        "date": "2025-11-28",
        "close": 56.805103,
        "volume": 190003,
        "typical_volume": 259221.55,
        "trend": 51.990735,
        "fair_value": 55.649118,
        "relative_strength": -4.194282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.329329,
        "energy": 26.153974,
        "activity_lines": [
          55.945282,
          55.729177,
          55.29048,
          53.839167
        ]
      },
      {
        "date": "2025-12-05",
        "close": 63.064095,
        "volume": 744498,
        "typical_volume": 294046.45,
        "trend": 52.630859,
        "fair_value": 55.714162,
        "relative_strength": 4.825579,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.699998,
        "energy": 54.035097,
        "activity_lines": [
          58.391979,
          57.14133,
          56.160688,
          54.553578
        ]
      },
      {
        "date": "2025-12-12",
        "close": 67.14193,
        "volume": 4973294,
        "typical_volume": 540811.15,
        "trend": 53.184053,
        "fair_value": 55.813534,
        "relative_strength": 10.365645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.038825,
        "energy": 75.767186,
        "activity_lines": [
          61.704822,
          59.119034,
          57.342491,
          55.489776
        ]
      },
      {
        "date": "2025-12-19",
        "close": 71.78875,
        "volume": 3984649,
        "typical_volume": 738743.6,
        "trend": 53.920591,
        "fair_value": 55.951251,
        "relative_strength": 19.482188,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.283951,
        "energy": 86.904189,
        "activity_lines": [
          65.713105,
          61.70367,
          58.872919,
          56.690079
        ]
      },
      {
        "date": "2025-12-26",
        "close": 68.564423,
        "volume": 776033,
        "typical_volume": 774995.15,
        "trend": 54.521202,
        "fair_value": 56.059056,
        "relative_strength": 10.493909,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.365801,
        "energy": 82.854569,
        "activity_lines": [
          67.622413,
          63.367562,
          59.976597,
          57.634842
        ]
      },
      {
        "date": "2026-01-02",
        "close": 64.771095,
        "volume": 621190,
        "typical_volume": 786773.7,
        "trend": 55.05859,
        "fair_value": 56.132887,
        "relative_strength": 1.412245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.223938,
        "energy": 76.388343,
        "activity_lines": [
          67.388491,
          64.121056,
          60.618302,
          58.296126
        ]
      },
      {
        "date": "2026-01-09",
        "close": 70.17659,
        "volume": 1254401,
        "typical_volume": 822440.45,
        "trend": 55.750873,
        "fair_value": 56.250901,
        "relative_strength": 6.22924,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.020248,
        "energy": 65.929956,
        "activity_lines": [
          68.425335,
          65.717703,
          61.725141,
          59.27148
        ]
      },
      {
        "date": "2026-01-16",
        "close": 67.710922,
        "volume": 1203192,
        "typical_volume": 854194.05,
        "trend": 56.438414,
        "fair_value": 56.346401,
        "relative_strength": -1.236954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.681467,
        "energy": 48.192289,
        "activity_lines": [
          68.166123,
          66.602238,
          62.518128,
          60.043096
        ]
      },
      {
        "date": "2026-01-23",
        "close": 69.892082,
        "volume": 529048,
        "typical_volume": 871943.85,
        "trend": 57.212885,
        "fair_value": 56.458349,
        "relative_strength": 0.048753,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.70681,
        "energy": 47.050024,
        "activity_lines": [
          68.596032,
          67.640229,
          63.461492,
          60.911075
        ]
      },
      {
        "date": "2026-01-30",
        "close": 67.710922,
        "volume": 572100,
        "typical_volume": 851172.65,
        "trend": 57.892523,
        "fair_value": 56.550583,
        "relative_strength": -3.490597,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.513993,
        "energy": 42.78087,
        "activity_lines": [
          68.425332,
          68.036804,
          64.126227,
          61.588368
        ]
      },
      {
        "date": "2026-02-06",
        "close": 63.538261,
        "volume": 245017,
        "typical_volume": 835916.65,
        "trend": 58.429911,
        "fair_value": 56.607394,
        "relative_strength": -8.606022,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.074615,
        "energy": 28.621055,
        "activity_lines": [
          66.920645,
          67.450562,
          64.373697,
          61.952609
        ]
      },
      {
        "date": "2026-02-13",
        "close": 63.064095,
        "volume": 191030,
        "typical_volume": 835368.0,
        "trend": 58.9673,
        "fair_value": 56.659464,
        "relative_strength": -14.028722,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.46341,
        "energy": 21.160261,
        "activity_lines": [
          65.340091,
          66.655687,
          64.535365,
          62.251589
        ]
      },
      {
        "date": "2026-02-27",
        "close": 65.909088,
        "volume": 180312,
        "typical_volume": 836819.7,
        "trend": 59.583715,
        "fair_value": 56.733461,
        "relative_strength": -14.432101,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.918942,
        "energy": 18.44966,
        "activity_lines": [
          65.182035,
          66.378084,
          64.921923,
          62.699446
        ]
      },
      {
        "date": "2026-03-06",
        "close": 64.960762,
        "volume": 259005,
        "typical_volume": 846219.95,
        "trend": 60.193809,
        "fair_value": 56.798757,
        "relative_strength": -10.846548,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.059214,
        "energy": 18.124742,
        "activity_lines": [
          64.827993,
          65.950473,
          65.161716,
          63.046352
        ]
      },
      {
        "date": "2026-03-13",
        "close": 63.633091,
        "volume": 435050,
        "typical_volume": 852013.95,
        "trend": 60.734359,
        "fair_value": 56.852571,
        "relative_strength": -11.857593,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.403401,
        "energy": 15.257367,
        "activity_lines": [
          64.360148,
          65.405612,
          65.21997,
          63.268241
        ]
      },
      {
        "date": "2026-03-20",
        "close": 66.383255,
        "volume": 1492754,
        "typical_volume": 917450.65,
        "trend": 61.135819,
        "fair_value": 56.927029,
        "relative_strength": -8.052493,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.064629,
        "energy": 12.377246,
        "activity_lines": [
          65.08088,
          65.450442,
          65.505824,
          63.632686
        ]
      },
      {
        "date": "2026-03-27",
        "close": 65.800003,
        "volume": 313214,
        "typical_volume": 926361.35,
        "trend": 61.543127,
        "fair_value": 56.995812,
        "relative_strength": -7.318243,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.741662,
        "energy": 15.826072,
        "activity_lines": [
          65.417528,
          65.359914,
          65.691875,
          63.933601
        ]
      },
      {
        "date": "2026-04-03",
        "close": 62.099998,
        "volume": 222142,
        "typical_volume": 933468.45,
        "trend": 61.757557,
        "fair_value": 57.035075,
        "relative_strength": -10.707682,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.186212,
        "energy": 6.722996,
        "activity_lines": [
          64.338447,
          64.676232,
          65.477293,
          63.969528
        ]
      },
      {
        "date": "2026-04-10",
        "close": 70.5,
        "volume": 523192,
        "typical_volume": 943125.3,
        "trend": 62.274115,
        "fair_value": 57.13786,
        "relative_strength": -6.537424,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.443388,
        "energy": 25.939028,
        "activity_lines": [
          66.313307,
          65.621841,
          66.025755,
          64.533557
        ]
      },
      {
        "date": "2026-04-17",
        "close": 70.0,
        "volume": 618028,
        "typical_volume": 966407.6,
        "trend": 62.489506,
        "fair_value": 57.235301,
        "relative_strength": -10.545907,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 57.76472,
        "energy": 40.886822,
        "activity_lines": [
          67.752217,
          66.465486,
          66.459579,
          65.032001
        ]
      },
      {
        "date": "2026-04-24",
        "close": 76.0,
        "volume": 1681175,
        "typical_volume": 1040966.2,
        "trend": 63.189397,
        "fair_value": 57.376389,
        "relative_strength": -8.062038,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 75.460391,
        "energy": 64.938008,
        "activity_lines": [
          70.766667,
          68.358422,
          67.395224,
          65.903646
        ]
      },
      {
        "date": "2026-05-01",
        "close": 76.5,
        "volume": 1285153,
        "typical_volume": 1067998.95,
        "trend": 63.959693,
        "fair_value": 57.519102,
        "relative_strength": -7.137728,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.413871,
        "energy": 74.084636,
        "activity_lines": [
          73.306667,
          70.115689,
          68.287084,
          66.762395
        ]
      },
      {
        "date": "2026-05-08",
        "close": 76.400002,
        "volume": 2012296,
        "typical_volume": 919949.05,
        "trend": 64.704529,
        "fair_value": 57.658961,
        "relative_strength": -12.929553,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.999568,
        "energy": 71.396263,
        "activity_lines": [
          75.100001,
          71.610486,
          69.10544,
          67.564995
        ]
      },
      {
        "date": "2026-05-15",
        "close": 72.099998,
        "volume": 731134,
        "typical_volume": 757273.3,
        "trend": 65.328158,
        "fair_value": 57.765145,
        "relative_strength": -16.706082,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.025501,
        "energy": 63.131261,
        "activity_lines": [
          74.506667,
          72.13272,
          69.470186,
          68.042122
        ]
      },
      {
        "date": "2026-05-22",
        "close": 74.099998,
        "volume": 317014,
        "typical_volume": 734322.35,
        "trend": 65.917299,
        "fair_value": 57.884377,
        "relative_strength": -16.184471,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.624044,
        "energy": 42.55171,
        "activity_lines": [
          74.473333,
          72.888786,
          70.023926,
          68.608047
        ]
      },
      {
        "date": "2026-05-29",
        "close": 71.199997,
        "volume": 523488,
        "typical_volume": 729437.25,
        "trend": 66.387646,
        "fair_value": 57.980867,
        "relative_strength": -23.407218,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.829202,
        "energy": 31.347428,
        "activity_lines": [
          73.199998,
          72.927272,
          70.275115,
          68.948867
        ]
      },
      {
        "date": "2026-06-05",
        "close": 71.5,
        "volume": 485003,
        "typical_volume": 690967.35,
        "trend": 66.915409,
        "fair_value": 58.078127,
        "relative_strength": -23.105261,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.683111,
        "energy": 20.243593,
        "activity_lines": [
          72.346665,
          72.932726,
          70.524263,
          69.278696
        ]
      },
      {
        "date": "2026-06-12",
        "close": 70.300003,
        "volume": 274110,
        "typical_volume": 644513.25,
        "trend": 67.447428,
        "fair_value": 58.165427,
        "relative_strength": -22.378546,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.601859,
        "energy": 16.112321,
        "activity_lines": [
          71.426667,
          72.616363,
          70.652823,
          69.497057
        ]
      },
      {
        "date": "2026-06-19",
        "close": 71.300003,
        "volume": 161142,
        "typical_volume": 626117.95,
        "trend": 67.943236,
        "fair_value": 58.25858,
        "relative_strength": -24.667433,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.325845,
        "energy": 16.860429,
        "activity_lines": [
          71.246668,
          72.332728,
          70.864292,
          69.74561
        ]
      },
      {
        "date": "2026-06-26",
        "close": 70.5,
        "volume": 335028,
        "typical_volume": 614264.35,
        "trend": 68.447149,
        "fair_value": 58.344787,
        "relative_strength": -21.940096,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.771495,
        "energy": 15.322859,
        "activity_lines": [
          70.853335,
          71.889091,
          70.992866,
          69.910562
        ]
      },
      {
        "date": "2026-07-03",
        "close": 74.0,
        "volume": 230000,
        "typical_volume": 613513.5,
        "trend": 69.020312,
        "fair_value": 58.454264,
        "relative_strength": -21.572939,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.915733,
        "energy": 17.437787,
        "activity_lines": [
          71.866668,
          72.072728,
          71.441492,
          70.268811
        ]
      },
      {
        "date": "2026-07-10",
        "close": 69.400002,
        "volume": 282070,
        "typical_volume": 618065.5,
        "trend": 69.231509,
        "fair_value": 58.530276,
        "relative_strength": -23.722038,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.735645,
        "energy": 10.630229,
        "activity_lines": [
          71.160001,
          71.456364,
          71.402205,
          70.293307
        ]
      },
      {
        "date": "2026-07-17",
        "close": 74.64959,
        "volume": 1394962,
        "typical_volume": 678798.0,
        "trend": 69.481764,
        "fair_value": 58.641444,
        "relative_strength": -12.511942,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.159893,
        "energy": 23.075316,
        "activity_lines": [
          72.343197,
          71.923562,
          71.832708,
          70.642861
        ]
      },
      {
        "date": "2026-07-24",
        "close": 71.5,
        "volume": 878075,
        "typical_volume": 709751.5,
        "trend": 69.472139,
        "fair_value": 58.729516,
        "relative_strength": -17.798945,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.134,
        "energy": 17.088856,
        "activity_lines": [
          72.186558,
          71.849934,
          71.921628,
          70.773069
        ]
      },
      {
        "date": "2026-07-31",
        "close": 68.199997,
        "volume": 377012,
        "typical_volume": 706849.6,
        "trend": 69.459992,
        "fair_value": 58.793941,
        "relative_strength": -20.275289,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.391108,
        "energy": 5.462148,
        "activity_lines": [
          70.916584,
          71.187213,
          71.665123,
          70.690996
        ]
      },
      {
        "date": "2026-08-07",
        "close": 68.099998,
        "volume": 190180,
        "typical_volume": 641720.9,
        "trend": 69.570955,
        "fair_value": 58.85682,
        "relative_strength": -22.042352,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 5.396077,
        "energy": 11.152229,
        "activity_lines": [
          69.766611,
          70.613584,
          71.377348,
          70.603254
        ]
      },
      {
        "date": "2026-08-14",
        "close": 68.800003,
        "volume": 313746,
        "typical_volume": 641747.5,
        "trend": 69.525069,
        "fair_value": 58.923552,
        "relative_strength": -23.615038,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -13.517218,
        "energy": 19.4319,
        "activity_lines": [
          69.243306,
          70.223592,
          71.148064,
          70.553515
        ]
      }
    ],
    "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."
    }
  }
}