{
  "ticker": {
    "uuid": "b5bd50e1-5c6f-44da-9e2a-fbbf885fdcab",
    "symbol": "7427",
    "name": "Great Novel Therapeutics Biotech & Medicals",
    "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": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 72.701,
    "architecture_energy": 88.545,
    "architecture_maturity": 30.0,
    "architecture_confidence": 84.34,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 3.82,
        "rotation_up": 84.25,
        "upward_expansion": 99.58,
        "deceleration": 39.17,
        "rotation_down": 8.36,
        "downward_expansion": 21.58
      },
      "activity_lines": [
        70.253335,
        62.54091,
        52.730001,
        47.568047
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 71.5,
    "trend_reference": 42.201393,
    "distance_from_trend": 0.694257,
    "trend_direction": "Improving",
    "fair_value": 45.436904,
    "distance_from_fair_value": 0.573611,
    "fair_value_direction": "Improving",
    "relative_strength": 36.322011,
    "relative_strength_direction": "Improving",
    "price_momentum": 1.034139,
    "excess_performance": 0.592767,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.694257,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.186441,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.573611,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.730137,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.36322,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.568354,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 1.034139,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.175361,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2736054,
      "relative_activity": 0.752443,
      "balance": 3.175361,
      "dry_up": 1.636079,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.126251,
      "annualized_volatility": 0.785103,
      "from_high_reference": -0.136473,
      "from_low_reference": 1.513594
    },
    "levels": {
      "trend_reference": 42.201393,
      "fair_value_reference": 45.436904,
      "structural_low": 29.25,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": 0.030992,
        "positive_rate": 0.636364,
        "directional_follow_through": 0.636364,
        "median_excess_return": -0.014321,
        "regime_survival": 0.636364,
        "best_return": 0.610172,
        "worst_return": -0.15305,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.338436,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.289664,
        "regime_survival": 0.25,
        "best_return": 0.780612,
        "worst_return": -0.133487,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.195896,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.037065,
        "regime_survival": 0.0,
        "best_return": 0.69674,
        "worst_return": -0.304948,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.095963,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.461962,
        "regime_survival": 0.0,
        "best_return": 0.094609,
        "worst_return": -0.286536,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-31",
        "end": "2025-02-07",
        "tenure": "Extended",
        "return": -0.179487,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-14",
        "end": "2025-02-21",
        "tenure": "New",
        "return": 0.046658,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-02-28",
        "end": "2025-03-07",
        "tenure": "New",
        "return": 0.008255,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-14",
        "end": "2025-04-18",
        "tenure": "Developing",
        "return": -0.133487,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-25",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": -0.073072,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-07-11",
        "end": "2025-08-08",
        "tenure": "Developing",
        "return": 0.09119,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-08-15",
        "end": "2025-11-07",
        "tenure": "Established",
        "return": 0.055224,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-11-14",
        "end": "2025-12-12",
        "tenure": "Developing",
        "return": -0.148886,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-19",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": -0.124646,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.028333,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-24",
        "end": "2026-05-01",
        "tenure": "New",
        "return": -0.024334,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-06-12",
        "tenure": "Developing",
        "return": -0.107143,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-19",
        "end": "2026-07-10",
        "tenure": "New",
        "return": 0.222914,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-17",
        "end": "2026-08-14",
        "tenure": "Developing",
        "return": 0.059259,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 72.599998,
        "volume": 3748730,
        "typical_volume": 2133555.8,
        "trend": 84.518474,
        "fair_value": 48.859899,
        "relative_strength": 6.034709,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -42.627574,
        "energy": 43.530066,
        "activity_lines": [
          81.573332,
          88.719999,
          91.610952,
          89.699648
        ]
      },
      {
        "date": "2023-08-18",
        "close": 71.0,
        "volume": 1001759,
        "typical_volume": 2123643.1,
        "trend": 85.082734,
        "fair_value": 49.063019,
        "relative_strength": 4.025751,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.446707,
        "energy": 61.975935,
        "activity_lines": [
          76.719999,
          84.656363,
          89.723333,
          88.827488
        ]
      },
      {
        "date": "2023-08-25",
        "close": 70.099998,
        "volume": 547320,
        "typical_volume": 2126844.7,
        "trend": 85.686667,
        "fair_value": 49.254264,
        "relative_strength": 1.110232,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.973949,
        "energy": 75.026092,
        "activity_lines": [
          73.366665,
          80.952726,
          87.799047,
          87.86086
        ]
      },
      {
        "date": "2023-09-01",
        "close": 80.0,
        "volume": 1507532,
        "typical_volume": 2068974.75,
        "trend": 86.38,
        "fair_value": 49.531253,
        "relative_strength": 12.927478,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.3815,
        "energy": 66.160462,
        "activity_lines": [
          74.573333,
          79.583635,
          86.863809,
          87.493978
        ]
      },
      {
        "date": "2023-09-08",
        "close": 82.0,
        "volume": 1032119,
        "typical_volume": 1920724.05,
        "trend": 87.116667,
        "fair_value": 49.821152,
        "relative_strength": 14.938163,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.756417,
        "energy": 41.321205,
        "activity_lines": [
          76.993333,
          79.06909,
          86.114285,
          87.211398
        ]
      },
      {
        "date": "2023-09-15",
        "close": 80.300003,
        "volume": 891435,
        "typical_volume": 1785601.55,
        "trend": 87.42,
        "fair_value": 50.090877,
        "relative_strength": 9.130598,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -45.67592,
        "energy": 31.896925,
        "activity_lines": [
          78.713334,
          78.569091,
          85.235714,
          86.771613
        ]
      },
      {
        "date": "2023-09-22",
        "close": 79.400002,
        "volume": 1135316,
        "typical_volume": 1741093.3,
        "trend": 87.276667,
        "fair_value": 50.347974,
        "relative_strength": 10.517772,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -40.199029,
        "energy": 22.923183,
        "activity_lines": [
          79.620001,
          78.256364,
          84.327143,
          86.254194
        ]
      },
      {
        "date": "2023-09-29",
        "close": 80.0,
        "volume": 497643,
        "typical_volume": 1709442.35,
        "trend": 87.166667,
        "fair_value": 50.605818,
        "relative_strength": 10.137688,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.705072,
        "energy": 21.032694,
        "activity_lines": [
          80.166668,
          78.39091,
          83.517619,
          85.784731
        ]
      },
      {
        "date": "2023-10-06",
        "close": 78.099998,
        "volume": 555237,
        "typical_volume": 1668958.8,
        "trend": 86.75,
        "fair_value": 50.842837,
        "relative_strength": 5.464434,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.605441,
        "energy": 24.352247,
        "activity_lines": [
          79.42,
          78.343636,
          82.551905,
          85.199785
        ]
      },
      {
        "date": "2023-10-13",
        "close": 76.699997,
        "volume": 344350,
        "typical_volume": 1441792.15,
        "trend": 86.463333,
        "fair_value": 51.063838,
        "relative_strength": 1.058133,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.675765,
        "energy": 28.600053,
        "activity_lines": [
          78.333332,
          78.225454,
          81.503333,
          84.551398
        ]
      },
      {
        "date": "2023-10-20",
        "close": 74.0,
        "volume": 1006268,
        "typical_volume": 1381296.15,
        "trend": 86.266667,
        "fair_value": 51.258212,
        "relative_strength": -1.312175,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.386212,
        "energy": 38.735538,
        "activity_lines": [
          76.699999,
          77.676363,
          80.322857,
          83.747312
        ]
      },
      {
        "date": "2023-10-27",
        "close": 71.900002,
        "volume": 339804,
        "typical_volume": 1333870.2,
        "trend": 85.953333,
        "fair_value": 51.431673,
        "relative_strength": -3.097653,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.863625,
        "energy": 53.01957,
        "activity_lines": [
          74.786666,
          76.72,
          79.050952,
          82.82043
        ]
      },
      {
        "date": "2023-11-03",
        "close": 70.0,
        "volume": 478974,
        "typical_volume": 1301601.15,
        "trend": 85.626666,
        "fair_value": 51.586409,
        "relative_strength": -8.508665,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.695277,
        "energy": 65.630941,
        "activity_lines": [
          72.74,
          75.401818,
          77.730952,
          81.791183
        ]
      },
      {
        "date": "2023-11-10",
        "close": 69.0,
        "volume": 539116,
        "typical_volume": 1237210.65,
        "trend": 85.293333,
        "fair_value": 51.730323,
        "relative_strength": -11.411531,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.672406,
        "energy": 76.698028,
        "activity_lines": [
          71.026667,
          73.903636,
          76.45619,
          80.718495
        ]
      },
      {
        "date": "2023-11-17",
        "close": 71.0,
        "volume": 672749,
        "typical_volume": 1163712.2,
        "trend": 84.696666,
        "fair_value": 51.888271,
        "relative_strength": -12.339919,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.368841,
        "energy": 71.141193,
        "activity_lines": [
          70.586667,
          72.969091,
          75.552857,
          79.796344
        ]
      },
      {
        "date": "2023-11-24",
        "close": 75.599998,
        "volume": 1010377,
        "typical_volume": 1126384.95,
        "trend": 84.15,
        "fair_value": 52.081049,
        "relative_strength": -7.802892,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.863254,
        "energy": 44.429719,
        "activity_lines": [
          72.059999,
          73.070909,
          75.224762,
          79.209462
        ]
      },
      {
        "date": "2023-12-01",
        "close": 75.099998,
        "volume": 645826,
        "typical_volume": 1101193.35,
        "trend": 83.713333,
        "fair_value": 52.266686,
        "relative_strength": -9.893541,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.454249,
        "energy": 32.728382,
        "activity_lines": [
          73.259999,
          73.167272,
          74.963333,
          78.625591
        ]
      },
      {
        "date": "2023-12-08",
        "close": 70.0,
        "volume": 720414,
        "typical_volume": 999689.75,
        "trend": 83.206666,
        "fair_value": 52.408553,
        "relative_strength": -16.277245,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.944544,
        "energy": 33.007815,
        "activity_lines": [
          72.546666,
          72.414545,
          74.325238,
          77.74086
        ]
      },
      {
        "date": "2023-12-15",
        "close": 69.599998,
        "volume": 1061754,
        "typical_volume": 982563.5,
        "trend": 82.57,
        "fair_value": 52.544993,
        "relative_strength": -18.498069,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.290713,
        "energy": 35.909085,
        "activity_lines": [
          71.699999,
          71.770908,
          73.739523,
          76.86301
        ]
      },
      {
        "date": "2023-12-22",
        "close": 68.0,
        "volume": 412382,
        "typical_volume": 907455.25,
        "trend": 81.403333,
        "fair_value": 52.666686,
        "relative_strength": -20.097338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.366125,
        "energy": 45.810769,
        "activity_lines": [
          70.279999,
          70.990908,
          73.09,
          75.92301
        ]
      },
      {
        "date": "2023-12-29",
        "close": 66.800003,
        "volume": 698011,
        "typical_volume": 754919.3,
        "trend": 80.403333,
        "fair_value": 52.777102,
        "relative_strength": -23.12996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.99609,
        "energy": 63.773345,
        "activity_lines": [
          68.66,
          70.150909,
          72.383333,
          74.98086
        ]
      },
      {
        "date": "2024-01-05",
        "close": 64.0,
        "volume": 721814,
        "typical_volume": 740922.05,
        "trend": 79.21,
        "fair_value": 52.864101,
        "relative_strength": -24.516171,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.634586,
        "energy": 71.238326,
        "activity_lines": [
          66.693334,
          68.932727,
          71.437619,
          73.92258
        ]
      },
      {
        "date": "2024-01-12",
        "close": 60.200001,
        "volume": 742093,
        "typical_volume": 750660.7,
        "trend": 77.9,
        "fair_value": 52.920531,
        "relative_strength": -28.97186,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.969319,
        "energy": 78.119738,
        "activity_lines": [
          64.200001,
          67.167273,
          70.163333,
          72.696129
        ]
      },
      {
        "date": "2024-01-19",
        "close": 54.799999,
        "volume": 639615,
        "typical_volume": 707264.85,
        "trend": 76.16,
        "fair_value": 52.934878,
        "relative_strength": -35.820181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.120182,
        "energy": 88.640541,
        "activity_lines": [
          60.56,
          64.598182,
          68.421905,
          71.205806
        ]
      },
      {
        "date": "2024-01-26",
        "close": 56.900002,
        "volume": 1067296,
        "typical_volume": 709023.7,
        "trend": 74.73,
        "fair_value": 52.964917,
        "relative_strength": -34.438423,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.99236,
        "energy": 84.420994,
        "activity_lines": [
          58.606667,
          62.669091,
          67.000476,
          69.963226
        ]
      },
      {
        "date": "2024-02-02",
        "close": 49.049999,
        "volume": 1504811,
        "typical_volume": 739692.5,
        "trend": 73.045,
        "fair_value": 52.935482,
        "relative_strength": -43.443325,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.434568,
        "energy": 91.58779,
        "activity_lines": [
          54.776667,
          59.569091,
          64.950952,
          68.306452
        ]
      },
      {
        "date": "2024-02-09",
        "close": 48.950001,
        "volume": 210465,
        "typical_volume": 693449.95,
        "trend": 71.41,
        "fair_value": 52.905739,
        "relative_strength": -43.413467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.766865,
        "energy": 91.009367,
        "activity_lines": [
          52.096667,
          56.933637,
          63.040714,
          66.751935
        ]
      },
      {
        "date": "2024-02-16",
        "close": 49.450001,
        "volume": 299090,
        "typical_volume": 683522.3,
        "trend": 70.091667,
        "fair_value": 52.880141,
        "relative_strength": -43.968141,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.739829,
        "energy": 86.918032,
        "activity_lines": [
          50.586667,
          54.864546,
          61.323095,
          65.335161
        ]
      },
      {
        "date": "2024-02-23",
        "close": 55.0,
        "volume": 1191746,
        "typical_volume": 715347.75,
        "trend": 68.985,
        "fair_value": 52.895728,
        "relative_strength": -37.984281,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.162224,
        "energy": 77.470314,
        "activity_lines": [
          51.643334,
          54.178182,
          60.279524,
          64.361505
        ]
      },
      {
        "date": "2024-03-01",
        "close": 51.5,
        "volume": 517007,
        "typical_volume": 723980.6,
        "trend": 68.035,
        "fair_value": 52.885541,
        "relative_strength": -41.446397,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.999997,
        "energy": 61.84052,
        "activity_lines": [
          51.52,
          53.120909,
          59.012619,
          63.233441
        ]
      },
      {
        "date": "2024-03-08",
        "close": 50.0,
        "volume": 552399,
        "typical_volume": 701287.15,
        "trend": 67.281667,
        "fair_value": 52.864631,
        "relative_strength": -44.836796,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.201184,
        "energy": 59.921232,
        "activity_lines": [
          51.256667,
          52.090909,
          57.722857,
          62.069893
        ]
      },
      {
        "date": "2024-03-15",
        "close": 49.549999,
        "volume": 406989,
        "typical_volume": 704646.4,
        "trend": 66.566667,
        "fair_value": 52.840785,
        "relative_strength": -44.346236,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.238758,
        "energy": 57.07296,
        "activity_lines": [
          50.78,
          51.284545,
          56.504524,
          60.925914
        ]
      },
      {
        "date": "2024-03-22",
        "close": 46.599998,
        "volume": 983438,
        "typical_volume": 729869.6,
        "trend": 65.783333,
        "fair_value": 52.796208,
        "relative_strength": -48.477104,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.432368,
        "energy": 62.299752,
        "activity_lines": [
          49.279999,
          50.204545,
          55.111667,
          59.637742
        ]
      },
      {
        "date": "2024-03-29",
        "close": 55.5,
        "volume": 1058315,
        "typical_volume": 755829.55,
        "trend": 64.966667,
        "fair_value": 52.815383,
        "relative_strength": -38.201585,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.952582,
        "energy": 46.850914,
        "activity_lines": [
          50.936666,
          50.99,
          54.677857,
          58.974301
        ]
      },
      {
        "date": "2024-04-05",
        "close": 63.200001,
        "volume": 2166258,
        "typical_volume": 830505.0,
        "trend": 64.34,
        "fair_value": 52.888515,
        "relative_strength": -29.182656,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.248584,
        "energy": 17.885613,
        "activity_lines": [
          55.126666,
          53.162727,
          55.041667,
          58.860323
        ]
      },
      {
        "date": "2024-04-12",
        "close": 54.200001,
        "volume": 1168111,
        "typical_volume": 838391.7,
        "trend": 63.47,
        "fair_value": 52.897686,
        "relative_strength": -39.817238,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.485262,
        "energy": 21.582929,
        "activity_lines": [
          55.536667,
          53.584545,
          54.585476,
          58.206129
        ]
      },
      {
        "date": "2024-04-19",
        "close": 53.865238,
        "volume": 596819,
        "typical_volume": 835941.35,
        "trend": 62.618841,
        "fair_value": 52.904405,
        "relative_strength": -35.646914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.792952,
        "energy": 23.660921,
        "activity_lines": [
          55.55508,
          53.851861,
          54.199309,
          57.586467
        ]
      },
      {
        "date": "2024-04-26",
        "close": 56.0,
        "volume": 990915,
        "typical_volume": 849466.4,
        "trend": 61.818841,
        "fair_value": 52.925754,
        "relative_strength": -34.147218,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.704335,
        "energy": 17.44829,
        "activity_lines": [
          55.997397,
          54.417948,
          54.117569,
          57.159445
        ]
      },
      {
        "date": "2024-05-03",
        "close": 54.5,
        "volume": 210394,
        "typical_volume": 806898.4,
        "trend": 61.032175,
        "fair_value": 52.936536,
        "relative_strength": -35.705517,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.944692,
        "energy": 13.196021,
        "activity_lines": [
          55.313048,
          54.592216,
          53.95964,
          56.687262
        ]
      },
      {
        "date": "2024-05-10",
        "close": 52.700001,
        "volume": 260418,
        "typical_volume": 799300.2,
        "trend": 60.232175,
        "fair_value": 52.934927,
        "relative_strength": -38.123137,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.36606,
        "energy": 20.637716,
        "activity_lines": [
          54.095365,
          54.448303,
          53.702186,
          56.149702
        ]
      },
      {
        "date": "2024-05-17",
        "close": 52.0,
        "volume": 375122,
        "typical_volume": 783155.75,
        "trend": 59.498841,
        "fair_value": 52.92861,
        "relative_strength": -39.6666,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.137542,
        "energy": 23.123301,
        "activity_lines": [
          53.344349,
          54.155299,
          53.450923,
          55.618594
        ]
      },
      {
        "date": "2024-05-24",
        "close": 48.349998,
        "volume": 423485,
        "typical_volume": 768239.3,
        "trend": 58.713841,
        "fair_value": 52.897881,
        "relative_strength": -43.630701,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.861877,
        "energy": 39.017922,
        "activity_lines": [
          51.523333,
          53.162294,
          52.922517,
          54.899314
        ]
      },
      {
        "date": "2024-05-31",
        "close": 48.75,
        "volume": 289202,
        "typical_volume": 745594.75,
        "trend": 58.005508,
        "fair_value": 52.870229,
        "relative_strength": -41.120489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.171759,
        "energy": 52.319326,
        "activity_lines": [
          50.203333,
          52.263835,
          52.50673,
          54.256485
        ]
      },
      {
        "date": "2024-06-07",
        "close": 48.650002,
        "volume": 578842,
        "typical_volume": 742556.1,
        "trend": 57.327175,
        "fair_value": 52.84228,
        "relative_strength": -42.029975,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.151133,
        "energy": 55.463441,
        "activity_lines": [
          49.333334,
          51.308104,
          52.135943,
          53.652904
        ]
      },
      {
        "date": "2024-06-14",
        "close": 48.299999,
        "volume": 277468,
        "typical_volume": 703064.7,
        "trend": 56.570508,
        "fair_value": 52.812397,
        "relative_strength": -43.070887,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.33924,
        "energy": 57.67817,
        "activity_lines": [
          48.736667,
          50.413281,
          51.761109,
          53.070506
        ]
      },
      {
        "date": "2024-06-21",
        "close": 52.5,
        "volume": 870145,
        "typical_volume": 671331.4,
        "trend": 55.800508,
        "fair_value": 52.810355,
        "relative_strength": -38.877404,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.501852,
        "energy": 32.820428,
        "activity_lines": [
          49.833333,
          50.553004,
          51.827227,
          52.807893
        ]
      },
      {
        "date": "2024-06-28",
        "close": 49.650002,
        "volume": 328939,
        "typical_volume": 677255.1,
        "trend": 54.952175,
        "fair_value": 52.789833,
        "relative_strength": -40.480241,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.519195,
        "energy": 29.834744,
        "activity_lines": [
          49.946667,
          50.205455,
          51.605488,
          52.411086
        ]
      },
      {
        "date": "2024-07-05",
        "close": 47.5,
        "volume": 406819,
        "typical_volume": 682641.55,
        "trend": 54.202175,
        "fair_value": 52.755705,
        "relative_strength": -43.129158,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.985013,
        "energy": 33.585939,
        "activity_lines": [
          49.256667,
          49.543637,
          51.175653,
          51.9303
        ]
      },
      {
        "date": "2024-07-12",
        "close": 46.0,
        "volume": 624561,
        "typical_volume": 654282.3,
        "trend": 53.415508,
        "fair_value": 52.712399,
        "relative_strength": -44.629634,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.215655,
        "energy": 38.67638,
        "activity_lines": [
          48.15,
          48.763637,
          50.612247,
          51.401128
        ]
      },
      {
        "date": "2024-07-19",
        "close": 43.0,
        "volume": 1073752,
        "typical_volume": 682119.55,
        "trend": 52.582175,
        "fair_value": 52.662842,
        "relative_strength": -44.848043,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.323799,
        "energy": 70.370397,
        "activity_lines": [
          46.22,
          47.592728,
          49.805984,
          50.729159
        ]
      },
      {
        "date": "2024-07-26",
        "close": 42.299999,
        "volume": 271333,
        "typical_volume": 668066.25,
        "trend": 51.765508,
        "fair_value": 52.650083,
        "relative_strength": -42.878946,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.503052,
        "energy": 80.221745,
        "activity_lines": [
          44.41,
          46.470909,
          48.973531,
          50.065793
        ]
      },
      {
        "date": "2024-08-02",
        "close": 40.0,
        "volume": 592438,
        "typical_volume": 677338.7,
        "trend": 50.965508,
        "fair_value": 52.689317,
        "relative_strength": -43.848111,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.402692,
        "energy": 86.615513,
        "activity_lines": [
          42.513333,
          45.107273,
          47.958696,
          49.306728
        ]
      },
      {
        "date": "2024-08-09",
        "close": 41.599998,
        "volume": 904615,
        "typical_volume": 673397.55,
        "trend": 50.345508,
        "fair_value": 52.741069,
        "relative_strength": -40.292655,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.281292,
        "energy": 79.697586,
        "activity_lines": [
          41.793332,
          44.186363,
          47.141719,
          48.702502
        ]
      },
      {
        "date": "2024-08-16",
        "close": 40.150002,
        "volume": 358908,
        "typical_volume": 638427.2,
        "trend": 49.857175,
        "fair_value": 52.75129,
        "relative_strength": -43.798509,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.102965,
        "energy": 79.838755,
        "activity_lines": [
          40.983333,
          43.131818,
          46.210456,
          48.044727
        ]
      },
      {
        "date": "2024-08-23",
        "close": 37.650002,
        "volume": 407785,
        "typical_volume": 550503.55,
        "trend": 49.215508,
        "fair_value": 52.753686,
        "relative_strength": -46.013479,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.368018,
        "energy": 79.755058,
        "activity_lines": [
          39.730001,
          41.777273,
          45.114193,
          47.257168
        ]
      },
      {
        "date": "2024-08-30",
        "close": 39.799999,
        "volume": 698899,
        "typical_volume": 527042.95,
        "trend": 48.907175,
        "fair_value": 52.780892,
        "relative_strength": -42.145407,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.534511,
        "energy": 56.144619,
        "activity_lines": [
          39.55,
          41.007273,
          44.344358,
          46.649715
        ]
      },
      {
        "date": "2024-09-06",
        "close": 36.150002,
        "volume": 693997,
        "typical_volume": 531901.85,
        "trend": 48.480508,
        "fair_value": 52.787529,
        "relative_strength": -44.278367,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.233814,
        "energy": 67.184469,
        "activity_lines": [
          38.320001,
          39.804546,
          43.295476,
          45.826672
        ]
      },
      {
        "date": "2024-09-13",
        "close": 35.299999,
        "volume": 1195426,
        "typical_volume": 542127.4,
        "trend": 48.008841,
        "fair_value": 52.783627,
        "relative_strength": -45.31465,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.02058,
        "energy": 65.633291,
        "activity_lines": [
          37.063334,
          38.692728,
          42.25,
          44.976317
        ]
      },
      {
        "date": "2024-09-20",
        "close": 35.0,
        "volume": 330957,
        "typical_volume": 548155.55,
        "trend": 47.342175,
        "fair_value": 52.78374,
        "relative_strength": -45.601457,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.704192,
        "energy": 70.178564,
        "activity_lines": [
          36.126667,
          37.748182,
          41.274524,
          44.137037
        ]
      },
      {
        "date": "2024-09-27",
        "close": 36.0,
        "volume": 248519,
        "typical_volume": 547560.6,
        "trend": 46.825508,
        "fair_value": 52.782911,
        "relative_strength": -44.454156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.717638,
        "energy": 74.224927,
        "activity_lines": [
          35.866667,
          37.185455,
          40.487143,
          43.405283
        ]
      },
      {
        "date": "2024-10-04",
        "close": 34.450001,
        "volume": 142515,
        "typical_volume": 535930.25,
        "trend": 46.307175,
        "fair_value": 52.778367,
        "relative_strength": -44.407991,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.268589,
        "energy": 71.026219,
        "activity_lines": [
          35.2,
          36.468182,
          39.631667,
          42.606863
        ]
      },
      {
        "date": "2024-10-11",
        "close": 35.0,
        "volume": 372870,
        "typical_volume": 533399.5,
        "trend": 45.822175,
        "fair_value": 52.775653,
        "relative_strength": -43.814614,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.253171,
        "energy": 61.070407,
        "activity_lines": [
          35.073334,
          35.993637,
          38.912143,
          41.877368
        ]
      },
      {
        "date": "2024-10-18",
        "close": 35.299999,
        "volume": 449555,
        "typical_volume": 541417.15,
        "trend": 45.445508,
        "fair_value": 52.780234,
        "relative_strength": -43.549407,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.238662,
        "energy": 53.881017,
        "activity_lines": [
          35.123333,
          35.664546,
          38.284762,
          41.198518
        ]
      },
      {
        "date": "2024-10-25",
        "close": 38.299999,
        "volume": 1522975,
        "typical_volume": 588623.8,
        "trend": 44.872175,
        "fair_value": 52.805177,
        "relative_strength": -37.108574,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.971015,
        "energy": 37.243553,
        "activity_lines": [
          36.173333,
          35.995454,
          38.007143,
          40.737518
        ]
      },
      {
        "date": "2024-11-01",
        "close": 37.0,
        "volume": 645964,
        "typical_volume": 607048.6,
        "trend": 43.998841,
        "fair_value": 52.833098,
        "relative_strength": -36.502529,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.928994,
        "energy": 29.417797,
        "activity_lines": [
          36.57,
          36.123636,
          37.655,
          40.229635
        ]
      },
      {
        "date": "2024-11-08",
        "close": 36.150002,
        "volume": 511428,
        "typical_volume": 589112.75,
        "trend": 43.397175,
        "fair_value": 52.84737,
        "relative_strength": -38.802596,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.399267,
        "energy": 26.756568,
        "activity_lines": [
          36.616667,
          36.109091,
          37.275714,
          39.723259
        ]
      },
      {
        "date": "2024-11-15",
        "close": 36.25,
        "volume": 377604,
        "typical_volume": 591546.0,
        "trend": 42.81,
        "fair_value": 52.873311,
        "relative_strength": -35.186357,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.995784,
        "energy": 22.627556,
        "activity_lines": [
          36.583334,
          36.179091,
          36.98381,
          39.262151
        ]
      },
      {
        "date": "2024-11-22",
        "close": 36.099998,
        "volume": 271774,
        "typical_volume": 584793.75,
        "trend": 42.146667,
        "fair_value": 52.912995,
        "relative_strength": -34.476679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.555066,
        "energy": 25.436129,
        "activity_lines": [
          36.416666,
          36.22,
          36.741429,
          38.829247
        ]
      },
      {
        "date": "2024-11-29",
        "close": 36.299999,
        "volume": 323484,
        "typical_volume": 569739.9,
        "trend": 41.54,
        "fair_value": 52.942933,
        "relative_strength": -30.732252,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.503394,
        "energy": 28.324397,
        "activity_lines": [
          36.263333,
          36.282727,
          36.572381,
          38.452043
        ]
      },
      {
        "date": "2024-12-06",
        "close": 36.5,
        "volume": 210512,
        "typical_volume": 526577.9,
        "trend": 41.0,
        "fair_value": 52.975284,
        "relative_strength": -31.778591,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.254545,
        "energy": 26.543007,
        "activity_lines": [
          36.309999,
          36.358181,
          36.468571,
          38.126882
        ]
      },
      {
        "date": "2024-12-13",
        "close": 36.150002,
        "volume": 274690,
        "typical_volume": 526745.75,
        "trend": 40.471667,
        "fair_value": 52.995212,
        "relative_strength": -30.554888,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.488875,
        "energy": 25.898574,
        "activity_lines": [
          36.273334,
          36.360909,
          36.362381,
          37.813979
        ]
      },
      {
        "date": "2024-12-20",
        "close": 35.849998,
        "volume": 165051,
        "typical_volume": 505376.4,
        "trend": 40.055,
        "fair_value": 53.011519,
        "relative_strength": -28.182668,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.489498,
        "energy": 22.670388,
        "activity_lines": [
          36.136666,
          36.278182,
          36.256905,
          37.515806
        ]
      },
      {
        "date": "2024-12-27",
        "close": 34.900002,
        "volume": 266195,
        "typical_volume": 473455.4,
        "trend": 39.593333,
        "fair_value": 52.97423,
        "relative_strength": -31.054001,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.901683,
        "energy": 29.590979,
        "activity_lines": [
          35.71,
          36.007273,
          36.080714,
          37.183226
        ]
      },
      {
        "date": "2025-01-03",
        "close": 34.599998,
        "volume": 192541,
        "typical_volume": 465137.05,
        "trend": 39.125,
        "fair_value": 52.958205,
        "relative_strength": -29.209156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.695063,
        "energy": 32.514936,
        "activity_lines": [
          35.263333,
          35.689091,
          35.907857,
          36.861075
        ]
      },
      {
        "date": "2025-01-10",
        "close": 32.0,
        "volume": 274104,
        "typical_volume": 458453.0,
        "trend": 38.581667,
        "fair_value": 52.930322,
        "relative_strength": -33.598249,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.16541,
        "energy": 54.661115,
        "activity_lines": [
          34.063333,
          34.965454,
          35.513809,
          36.401398
        ]
      },
      {
        "date": "2025-01-17",
        "close": 31.65,
        "volume": 330040,
        "typical_volume": 440010.05,
        "trend": 37.886667,
        "fair_value": 52.906981,
        "relative_strength": -33.655819,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.831895,
        "energy": 65.975046,
        "activity_lines": [
          33.046666,
          34.269091,
          35.113333,
          35.954193
        ]
      },
      {
        "date": "2025-01-24",
        "close": 32.700001,
        "volume": 120583,
        "typical_volume": 411339.35,
        "trend": 37.321667,
        "fair_value": 52.87906,
        "relative_strength": -31.420274,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.304449,
        "energy": 71.757054,
        "activity_lines": [
          32.68,
          33.845455,
          34.851667,
          35.61957
        ]
      },
      {
        "date": "2025-02-07",
        "close": 40.0,
        "volume": 2702279,
        "typical_volume": 486682.0,
        "trend": 37.071667,
        "fair_value": 52.909528,
        "relative_strength": -15.126834,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.696074,
        "energy": 13.780879,
        "activity_lines": [
          34.956667,
          34.813636,
          35.301667,
          35.792366
        ]
      },
      {
        "date": "2025-02-14",
        "close": 39.650002,
        "volume": 1510095,
        "typical_volume": 545638.9,
        "trend": 36.86,
        "fair_value": 52.937469,
        "relative_strength": -13.867163,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.207986,
        "energy": 11.415981,
        "activity_lines": [
          36.776668,
          35.647273,
          35.695953,
          35.95871
        ]
      },
      {
        "date": "2025-02-21",
        "close": 41.5,
        "volume": 803684,
        "typical_volume": 573397.15,
        "trend": 36.81,
        "fair_value": 52.964544,
        "relative_strength": -11.262872,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 32.206499,
        "energy": 34.430382,
        "activity_lines": [
          38.876667,
          36.756364,
          36.244286,
          36.258065
        ]
      },
      {
        "date": "2025-02-28",
        "close": 42.400002,
        "volume": 859397,
        "typical_volume": 609241.25,
        "trend": 36.813333,
        "fair_value": 52.99654,
        "relative_strength": -5.688732,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 43.69238,
        "energy": 45.618295,
        "activity_lines": [
          40.643334,
          37.938183,
          36.852143,
          36.61871
        ]
      },
      {
        "date": "2025-03-07",
        "close": 42.75,
        "volume": 398492,
        "typical_volume": 610522.35,
        "trend": 36.905,
        "fair_value": 53.044354,
        "relative_strength": -2.10316,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 69.535509,
        "energy": 75.324541,
        "activity_lines": [
          41.810001,
          39.070001,
          37.455477,
          37.001721
        ]
      },
      {
        "date": "2025-03-14",
        "close": 43.450001,
        "volume": 747572,
        "typical_volume": 625423.2,
        "trend": 36.966667,
        "fair_value": 53.090998,
        "relative_strength": 2.815178,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.718052,
        "energy": 75.564934,
        "activity_lines": [
          42.540001,
          40.203637,
          38.088572,
          37.423979
        ]
      },
      {
        "date": "2025-03-21",
        "close": 46.950001,
        "volume": 1537118,
        "typical_volume": 626130.35,
        "trend": 37.193334,
        "fair_value": 53.162341,
        "relative_strength": 10.3364,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.2229,
        "energy": 78.998449,
        "activity_lines": [
          44.206668,
          41.818183,
          39.016191,
          38.068065
        ]
      },
      {
        "date": "2025-03-28",
        "close": 40.5,
        "volume": 1015583,
        "typical_volume": 644611.3,
        "trend": 37.288334,
        "fair_value": 53.1946,
        "relative_strength": -1.727697,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.936225,
        "energy": 45.762332,
        "activity_lines": [
          43.236667,
          42.035455,
          39.288334,
          38.281398
        ]
      },
      {
        "date": "2025-04-04",
        "close": 40.650002,
        "volume": 565819,
        "typical_volume": 647330.85,
        "trend": 37.316667,
        "fair_value": 53.231214,
        "relative_strength": 0.887439,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.155088,
        "energy": 37.288828,
        "activity_lines": [
          42.383334,
          42.125455,
          39.558096,
          38.49828
        ]
      },
      {
        "date": "2025-04-11",
        "close": 36.799999,
        "volume": 1019833,
        "typical_volume": 679442.3,
        "trend": 37.338333,
        "fair_value": 53.243148,
        "relative_strength": 0.861737,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 29.231448,
        "energy": 16.893978,
        "activity_lines": [
          40.363334,
          41.351819,
          39.439762,
          38.464947
        ]
      },
      {
        "date": "2025-04-18",
        "close": 37.650002,
        "volume": 265477,
        "typical_volume": 679127.45,
        "trend": 37.416667,
        "fair_value": 53.263925,
        "relative_strength": 4.627268,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 22.575994,
        "energy": 19.093962,
        "activity_lines": [
          39.023334,
          40.658183,
          39.399763,
          38.485054
        ]
      },
      {
        "date": "2025-04-25",
        "close": 36.950001,
        "volume": 168116,
        "typical_volume": 671359.05,
        "trend": 37.481667,
        "fair_value": 53.285304,
        "relative_strength": 1.156476,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.521751,
        "energy": 18.732884,
        "activity_lines": [
          37.836668,
          39.880001,
          39.285715,
          38.454947
        ]
      },
      {
        "date": "2025-05-02",
        "close": 39.950001,
        "volume": 351050,
        "typical_volume": 678385.95,
        "trend": 37.613334,
        "fair_value": 53.325349,
        "relative_strength": 5.506739,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 21.303852,
        "energy": 18.026678,
        "activity_lines": [
          38.316668,
          39.696365,
          39.454286,
          38.614194
        ]
      },
      {
        "date": "2025-05-09",
        "close": 37.0,
        "volume": 291576,
        "typical_volume": 679230.25,
        "trend": 37.698334,
        "fair_value": 53.347614,
        "relative_strength": -1.935466,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 3.625775,
        "energy": 12.014576,
        "activity_lines": [
          37.850001,
          39.004546,
          39.325477,
          38.574624
        ]
      },
      {
        "date": "2025-05-16",
        "close": 37.0,
        "volume": 312904,
        "typical_volume": 686622.9,
        "trend": 37.765,
        "fair_value": 53.371859,
        "relative_strength": -5.244971,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.499541,
        "energy": 15.217652,
        "activity_lines": [
          37.626667,
          38.41091,
          39.19262,
          38.52957
        ]
      },
      {
        "date": "2025-05-23",
        "close": 39.0,
        "volume": 267567,
        "typical_volume": 686691.5,
        "trend": 37.888334,
        "fair_value": 53.411753,
        "relative_strength": 1.463944,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.757847,
        "energy": 8.123889,
        "activity_lines": [
          38.056667,
          38.285455,
          39.244763,
          38.609248
        ]
      },
      {
        "date": "2025-05-30",
        "close": 38.849998,
        "volume": 261802,
        "typical_volume": 690154.55,
        "trend": 37.906667,
        "fair_value": 53.452664,
        "relative_strength": 2.988446,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.080577,
        "energy": 12.139627,
        "activity_lines": [
          38.346666,
          38.213636,
          39.263096,
          38.671291
        ]
      },
      {
        "date": "2025-06-06",
        "close": 38.0,
        "volume": 188404,
        "typical_volume": 685869.55,
        "trend": 37.94,
        "fair_value": 53.497175,
        "relative_strength": -0.126532,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.877799,
        "energy": 10.152563,
        "activity_lines": [
          38.226666,
          38.134545,
          39.180238,
          38.677312
        ]
      },
      {
        "date": "2025-06-13",
        "close": 37.650002,
        "volume": 226825,
        "typical_volume": 680708.8,
        "trend": 37.99,
        "fair_value": 53.540574,
        "relative_strength": -2.338753,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.157862,
        "energy": 7.960886,
        "activity_lines": [
          38.12,
          38.037273,
          39.035477,
          38.658603
        ]
      },
      {
        "date": "2025-06-20",
        "close": 36.950001,
        "volume": 205469,
        "typical_volume": 684953.1,
        "trend": 38.013334,
        "fair_value": 53.58599,
        "relative_strength": -3.536845,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.624072,
        "energy": 10.355871,
        "activity_lines": [
          37.736667,
          37.867273,
          38.795477,
          38.591506
        ]
      },
      {
        "date": "2025-06-27",
        "close": 36.5,
        "volume": 223020,
        "typical_volume": 560990.15,
        "trend": 38.026667,
        "fair_value": 53.631915,
        "relative_strength": -6.301533,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -27.927195,
        "energy": 25.089353,
        "activity_lines": [
          37.206667,
          37.612728,
          38.492381,
          38.493871
        ]
      },
      {
        "date": "2025-07-04",
        "close": 34.25,
        "volume": 362202,
        "typical_volume": 503595.5,
        "trend": 37.958334,
        "fair_value": 53.669072,
        "relative_strength": -11.321078,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -41.169528,
        "energy": 44.7245,
        "activity_lines": [
          36.093334,
          36.97,
          37.991667,
          38.250215
        ]
      },
      {
        "date": "2025-07-11",
        "close": 32.349998,
        "volume": 278339,
        "typical_volume": 477328.25,
        "trend": 37.82,
        "fair_value": 53.69405,
        "relative_strength": -16.432039,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -53.468445,
        "energy": 65.259933,
        "activity_lines": [
          34.653333,
          36.030909,
          37.335714,
          37.888387
        ]
      },
      {
        "date": "2025-07-18",
        "close": 38.150002,
        "volume": 634147,
        "typical_volume": 466065.75,
        "trend": 37.886667,
        "fair_value": 53.755641,
        "relative_strength": -3.795986,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.216867,
        "energy": 44.960568,
        "activity_lines": [
          35.523334,
          36.284546,
          37.275715,
          37.909678
        ]
      },
      {
        "date": "2025-07-25",
        "close": 37.849998,
        "volume": 583414,
        "typical_volume": 475311.85,
        "trend": 37.953334,
        "fair_value": 53.811634,
        "relative_strength": -4.193162,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -50.581094,
        "energy": 36.501663,
        "activity_lines": [
          36.259999,
          36.462727,
          37.207381,
          37.907312
        ]
      },
      {
        "date": "2025-08-01",
        "close": 35.700001,
        "volume": 463216,
        "typical_volume": 461094.05,
        "trend": 37.98,
        "fair_value": 53.848471,
        "relative_strength": -9.504886,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -53.092035,
        "energy": 28.441782,
        "activity_lines": [
          36.22,
          36.234545,
          36.957619,
          37.761936
        ]
      },
      {
        "date": "2025-08-08",
        "close": 35.299999,
        "volume": 330891,
        "typical_volume": 400782.7,
        "trend": 38.003334,
        "fair_value": 53.872564,
        "relative_strength": -12.325359,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -42.946875,
        "energy": 21.403291,
        "activity_lines": [
          36.1,
          35.993636,
          36.706667,
          37.589032
        ]
      },
      {
        "date": "2025-08-15",
        "close": 33.5,
        "volume": 579989,
        "typical_volume": 379003.0,
        "trend": 38.053334,
        "fair_value": 53.886533,
        "relative_strength": -17.334868,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.838955,
        "energy": 36.143865,
        "activity_lines": [
          35.31,
          35.49,
          36.339762,
          37.298495
        ]
      },
      {
        "date": "2025-08-22",
        "close": 32.599998,
        "volume": 611260,
        "typical_volume": 381275.05,
        "trend": 38.085,
        "fair_value": 53.88579,
        "relative_strength": -17.220249,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.461988,
        "energy": 65.202491,
        "activity_lines": [
          34.143332,
          34.904545,
          35.920476,
          36.946667
        ]
      },
      {
        "date": "2025-08-29",
        "close": 32.299999,
        "volume": 767827,
        "typical_volume": 368674.75,
        "trend": 38.071667,
        "fair_value": 53.878463,
        "relative_strength": -19.22479,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.852532,
        "energy": 72.045848,
        "activity_lines": [
          33.246666,
          34.356363,
          35.510952,
          36.573441
        ]
      },
      {
        "date": "2025-09-05",
        "close": 31.799999,
        "volume": 821804,
        "typical_volume": 396491.1,
        "trend": 37.798334,
        "fair_value": 53.863853,
        "relative_strength": -20.873116,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.589933,
        "energy": 74.914649,
        "activity_lines": [
          32.553332,
          33.801817,
          35.075238,
          36.168817
        ]
      },
      {
        "date": "2025-09-12",
        "close": 30.200001,
        "volume": 835312,
        "typical_volume": 429850.9,
        "trend": 37.483334,
        "fair_value": 53.826462,
        "relative_strength": -27.318553,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.610609,
        "energy": 79.325485,
        "activity_lines": [
          31.586666,
          33.041818,
          34.515,
          35.678602
        ]
      },
      {
        "date": "2025-09-19",
        "close": 30.1,
        "volume": 667823,
        "typical_volume": 445689.55,
        "trend": 37.103333,
        "fair_value": 53.792508,
        "relative_strength": -27.472043,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.38109,
        "energy": 76.207324,
        "activity_lines": [
          30.926666,
          32.337272,
          33.977381,
          35.202258
        ]
      },
      {
        "date": "2025-09-26",
        "close": 30.700001,
        "volume": 385231,
        "typical_volume": 450372.3,
        "trend": 36.713333,
        "fair_value": 53.764148,
        "relative_strength": -25.697888,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.56063,
        "energy": 67.559627,
        "activity_lines": [
          30.693334,
          31.782727,
          33.543809,
          34.78914
        ]
      },
      {
        "date": "2025-10-03",
        "close": 31.1,
        "volume": 474997,
        "typical_volume": 458476.95,
        "trend": 36.325,
        "fair_value": 53.737186,
        "relative_strength": -27.693358,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.832733,
        "energy": 60.314178,
        "activity_lines": [
          30.72,
          31.436364,
          33.178333,
          34.426989
        ]
      },
      {
        "date": "2025-10-10",
        "close": 30.0,
        "volume": 295308,
        "typical_volume": 459864.0,
        "trend": 35.876667,
        "fair_value": 53.705795,
        "relative_strength": -31.265922,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.730369,
        "energy": 53.721094,
        "activity_lines": [
          30.46,
          31.012727,
          32.73619,
          34.018925
        ]
      },
      {
        "date": "2025-10-17",
        "close": 33.700001,
        "volume": 925410,
        "typical_volume": 493044.4,
        "trend": 35.435,
        "fair_value": 53.702491,
        "relative_strength": -22.516003,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.597206,
        "energy": 35.840606,
        "activity_lines": [
          31.553334,
          31.365455,
          32.689286,
          33.878495
        ]
      },
      {
        "date": "2025-10-24",
        "close": 31.6,
        "volume": 546013,
        "typical_volume": 510924.85,
        "trend": 35.138333,
        "fair_value": 53.694755,
        "relative_strength": -27.640778,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.155308,
        "energy": 29.188376,
        "activity_lines": [
          31.713334,
          31.365455,
          32.466905,
          33.631075
        ]
      },
      {
        "date": "2025-10-31",
        "close": 32.049999,
        "volume": 451017,
        "typical_volume": 522134.45,
        "trend": 34.851667,
        "fair_value": 53.695729,
        "relative_strength": -27.991719,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.609931,
        "energy": 22.944013,
        "activity_lines": [
          31.923333,
          31.481818,
          32.317857,
          33.431828
        ]
      },
      {
        "date": "2025-11-07",
        "close": 35.349998,
        "volume": 1724488,
        "typical_volume": 598085.4,
        "trend": 34.803333,
        "fair_value": 53.728634,
        "relative_strength": -18.56242,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -9.302093,
        "energy": 16.063976,
        "activity_lines": [
          33.143333,
          32.208182,
          32.509762,
          33.463978
        ]
      },
      {
        "date": "2025-11-14",
        "close": 42.650002,
        "volume": 2723266,
        "typical_volume": 723097.7,
        "trend": 34.97,
        "fair_value": 53.804256,
        "relative_strength": -0.861078,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 46.140263,
        "energy": 42.671503,
        "activity_lines": [
          36.513333,
          34.206364,
          33.404524,
          33.970215
        ]
      },
      {
        "date": "2025-11-21",
        "close": 38.650002,
        "volume": 2494641,
        "typical_volume": 829719.65,
        "trend": 35.026667,
        "fair_value": 53.857732,
        "relative_strength": -6.737073,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.380441,
        "energy": 40.894745,
        "activity_lines": [
          37.706667,
          35.28,
          33.889048,
          34.207634
        ]
      },
      {
        "date": "2025-11-28",
        "close": 34.0,
        "volume": 961782,
        "typical_volume": 863891.8,
        "trend": 34.828333,
        "fair_value": 53.846448,
        "relative_strength": -21.162054,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 21.527681,
        "energy": 32.910457,
        "activity_lines": [
          37.020001,
          35.354546,
          33.909762,
          34.141398
        ]
      },
      {
        "date": "2025-12-05",
        "close": 34.299999,
        "volume": 727584,
        "typical_volume": 868563.65,
        "trend": 34.738333,
        "fair_value": 53.836795,
        "relative_strength": -21.080347,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.93083,
        "energy": 32.969462,
        "activity_lines": [
          36.273334,
          35.412727,
          33.951191,
          34.107312
        ]
      },
      {
        "date": "2025-12-12",
        "close": 36.299999,
        "volume": 1210242,
        "typical_volume": 899905.05,
        "trend": 34.715,
        "fair_value": 53.833264,
        "relative_strength": -16.826815,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 15.999599,
        "energy": 13.817262,
        "activity_lines": [
          36.043333,
          35.769091,
          34.201429,
          34.208064
        ]
      },
      {
        "date": "2025-12-19",
        "close": 35.299999,
        "volume": 331520,
        "typical_volume": 893320.25,
        "trend": 34.591667,
        "fair_value": 53.797399,
        "relative_strength": -17.349287,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 8.685389,
        "energy": 9.024583,
        "activity_lines": [
          35.416666,
          35.849091,
          34.363809,
          34.245806
        ]
      },
      {
        "date": "2025-12-26",
        "close": 34.099998,
        "volume": 322122,
        "typical_volume": 892881.8,
        "trend": 34.433333,
        "fair_value": 53.67811,
        "relative_strength": -22.175817,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 3.599746,
        "energy": 6.914411,
        "activity_lines": [
          34.879999,
          35.614545,
          34.413809,
          34.214086
        ]
      },
      {
        "date": "2026-01-02",
        "close": 31.6,
        "volume": 858492,
        "typical_volume": 906806.95,
        "trend": 34.22,
        "fair_value": 53.587652,
        "relative_strength": -29.458154,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.354634,
        "energy": 12.961263,
        "activity_lines": [
          33.813332,
          34.918181,
          34.231428,
          34.03129
        ]
      },
      {
        "date": "2026-01-09",
        "close": 31.450001,
        "volume": 867370,
        "typical_volume": 919612.45,
        "trend": 34.013333,
        "fair_value": 53.426326,
        "relative_strength": -31.562832,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.367179,
        "energy": 18.468449,
        "activity_lines": [
          32.856666,
          34.194545,
          34.043809,
          33.85258
        ]
      },
      {
        "date": "2026-01-16",
        "close": 38.291786,
        "volume": 16738139,
        "typical_volume": 1718128.05,
        "trend": 34.058059,
        "fair_value": 53.35488,
        "relative_strength": -19.470281,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 39.207944,
        "energy": 17.535769,
        "activity_lines": [
          34.370595,
          34.725779,
          34.513265,
          34.12861
        ]
      },
      {
        "date": "2026-01-23",
        "close": 38.549999,
        "volume": 4948820,
        "typical_volume": 1924478.85,
        "trend": 34.126393,
        "fair_value": 53.255379,
        "relative_strength": -20.166071,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.808965,
        "energy": 20.975017,
        "activity_lines": [
          35.837809,
          35.250474,
          34.97878,
          34.418412
        ]
      },
      {
        "date": "2026-01-30",
        "close": 35.900002,
        "volume": 1355491,
        "typical_volume": 1950487.8,
        "trend": 34.181393,
        "fair_value": 53.152289,
        "relative_strength": -25.635166,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 40.064518,
        "energy": 22.060376,
        "activity_lines": [
          36.205024,
          35.367896,
          35.159772,
          34.532839
        ]
      },
      {
        "date": "2026-02-06",
        "close": 35.150002,
        "volume": 1011530,
        "typical_volume": 1967673.15,
        "trend": 34.274726,
        "fair_value": 52.998122,
        "relative_strength": -25.980251,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 42.710645,
        "energy": 25.675074,
        "activity_lines": [
          36.202239,
          35.398955,
          35.242192,
          34.59533
        ]
      },
      {
        "date": "2026-02-13",
        "close": 34.0,
        "volume": 830722,
        "typical_volume": 1989947.7,
        "trend": 34.136393,
        "fair_value": 52.832096,
        "relative_strength": -31.669108,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.984879,
        "energy": 21.98953,
        "activity_lines": [
          35.579453,
          35.200013,
          35.191041,
          34.577605
        ]
      },
      {
        "date": "2026-02-27",
        "close": 33.849998,
        "volume": 1398817,
        "typical_volume": 2036138.7,
        "trend": 34.003059,
        "fair_value": 52.592673,
        "relative_strength": -34.773332,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.728535,
        "energy": 7.526895,
        "activity_lines": [
          34.736667,
          34.979253,
          35.109889,
          34.559128
        ]
      },
      {
        "date": "2026-03-06",
        "close": 33.150002,
        "volume": 1332330,
        "typical_volume": 2087989.8,
        "trend": 33.918059,
        "fair_value": 52.268635,
        "relative_strength": -31.909821,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.330668,
        "energy": 9.370556,
        "activity_lines": [
          33.956667,
          34.675767,
          34.948976,
          34.504092
        ]
      },
      {
        "date": "2026-03-13",
        "close": 31.75,
        "volume": 616797,
        "typical_volume": 2072559.15,
        "trend": 33.799726,
        "fair_value": 51.938186,
        "relative_strength": -33.564987,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.048295,
        "energy": 19.602197,
        "activity_lines": [
          33.07,
          34.156825,
          34.63973,
          34.364217
        ]
      },
      {
        "date": "2026-03-20",
        "close": 31.0,
        "volume": 722804,
        "typical_volume": 2081398.7,
        "trend": 33.716393,
        "fair_value": 51.556135,
        "relative_strength": -34.484095,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.20632,
        "energy": 32.921019,
        "activity_lines": [
          32.21,
          33.544247,
          34.26834,
          34.18359
        ]
      },
      {
        "date": "2026-03-27",
        "close": 30.9,
        "volume": 403684,
        "typical_volume": 2079032.05,
        "trend": 33.659726,
        "fair_value": 51.207417,
        "relative_strength": -32.762444,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -32.458694,
        "energy": 41.778236,
        "activity_lines": [
          31.593333,
          32.924396,
          33.890284,
          34.001887
        ]
      },
      {
        "date": "2026-04-03",
        "close": 30.0,
        "volume": 586581,
        "typical_volume": 2022136.7,
        "trend": 33.58306,
        "fair_value": 50.887545,
        "relative_strength": -32.749559,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.20532,
        "energy": 45.036,
        "activity_lines": [
          30.883333,
          32.150909,
          33.43199,
          33.765776
        ]
      },
      {
        "date": "2026-04-10",
        "close": 30.950001,
        "volume": 834310,
        "typical_volume": 1927688.9,
        "trend": 33.554726,
        "fair_value": 50.564789,
        "relative_strength": -35.253057,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.267168,
        "energy": 37.030749,
        "activity_lines": [
          30.746667,
          31.700909,
          33.089648,
          33.595901
        ]
      },
      {
        "date": "2026-04-17",
        "close": 30.85,
        "volume": 825819,
        "typical_volume": 1844247.8,
        "trend": 33.576393,
        "fair_value": 50.251007,
        "relative_strength": -36.953737,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -52.924014,
        "energy": 37.638346,
        "activity_lines": [
          30.723334,
          31.370909,
          32.793497,
          33.421403
        ]
      },
      {
        "date": "2026-04-24",
        "close": 43.150002,
        "volume": 11558148,
        "typical_volume": 2374066.1,
        "trend": 34.011393,
        "fair_value": 50.021199,
        "relative_strength": -15.620552,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 29.653827,
        "energy": 20.344349,
        "activity_lines": [
          34.860001,
          33.369091,
          33.705917,
          34.039055
        ]
      },
      {
        "date": "2026-05-01",
        "close": 42.099998,
        "volume": 2007494,
        "typical_volume": 2438061.6,
        "trend": 34.391393,
        "fair_value": 49.721199,
        "relative_strength": -16.713175,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 64.523177,
        "energy": 56.372191,
        "activity_lines": [
          37.836667,
          35.030909,
          34.474766,
          34.5609
        ]
      },
      {
        "date": "2026-05-08",
        "close": 39.200001,
        "volume": 1496065,
        "typical_volume": 2452352.75,
        "trend": 34.661393,
        "fair_value": 49.382737,
        "relative_strength": -26.372646,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.821797,
        "energy": 64.942627,
        "activity_lines": [
          39.1,
          36.018182,
          34.930281,
          34.871133
        ]
      },
      {
        "date": "2026-05-15",
        "close": 41.400002,
        "volume": 1140603,
        "typical_volume": 2492806.9,
        "trend": 35.041393,
        "fair_value": 49.082737,
        "relative_strength": -20.513373,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.798886,
        "energy": 76.045676,
        "activity_lines": [
          40.483334,
          37.308182,
          35.581511,
          35.305882
        ]
      },
      {
        "date": "2026-05-22",
        "close": 39.5,
        "volume": 1237379,
        "typical_volume": 2538569.75,
        "trend": 35.234726,
        "fair_value": 48.789789,
        "relative_strength": -25.264396,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.902625,
        "energy": 70.595046,
        "activity_lines": [
          40.536667,
          38.102728,
          36.02274,
          35.593534
        ]
      },
      {
        "date": "2026-05-29",
        "close": 38.5,
        "volume": 1266498,
        "typical_volume": 2558970.05,
        "trend": 35.464726,
        "fair_value": 48.467994,
        "relative_strength": -30.1602,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.435659,
        "energy": 46.483588,
        "activity_lines": [
          39.68,
          38.574546,
          36.343017,
          35.804197
        ]
      },
      {
        "date": "2026-06-05",
        "close": 35.200001,
        "volume": 2151270,
        "typical_volume": 2623165.05,
        "trend": 35.569726,
        "fair_value": 48.033378,
        "relative_strength": -35.580941,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.285342,
        "energy": 24.524614,
        "activity_lines": [
          38.033334,
          38.310001,
          36.316152,
          35.787118
        ]
      },
      {
        "date": "2026-06-12",
        "close": 35.0,
        "volume": 1363598,
        "typical_volume": 1854438.0,
        "trend": 35.55806,
        "fair_value": 47.637225,
        "relative_strength": -33.626293,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 26.542607,
        "energy": 17.269076,
        "activity_lines": [
          36.78,
          37.93091,
          36.252381,
          35.750361
        ]
      },
      {
        "date": "2026-06-19",
        "close": 40.150002,
        "volume": 2052598,
        "typical_volume": 1709626.9,
        "trend": 35.474726,
        "fair_value": 47.254853,
        "relative_strength": -26.627775,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.289834,
        "energy": 21.060204,
        "activity_lines": [
          37.523334,
          38.397273,
          36.694762,
          36.046616
        ]
      },
      {
        "date": "2026-06-26",
        "close": 38.549999,
        "volume": 2460629,
        "typical_volume": 1764883.8,
        "trend": 35.471393,
        "fair_value": 46.864148,
        "relative_strength": -25.573171,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.258884,
        "energy": 16.638939,
        "activity_lines": [
          37.816667,
          38.405455,
          36.977143,
          36.24502
        ]
      },
      {
        "date": "2026-07-03",
        "close": 39.75,
        "volume": 1892818,
        "typical_volume": 1808948.2,
        "trend": 35.66306,
        "fair_value": 46.433058,
        "relative_strength": -25.940287,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.384928,
        "energy": 25.105321,
        "activity_lines": [
          38.573334,
          38.491819,
          37.361191,
          36.521059
        ]
      },
      {
        "date": "2026-07-10",
        "close": 49.099998,
        "volume": 5604210,
        "typical_volume": 2047622.6,
        "trend": 36.156393,
        "fair_value": 46.108058,
        "relative_strength": -4.948373,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 78.221644,
        "energy": 64.73337,
        "activity_lines": [
          42.363333,
          40.34,
          38.61381,
          37.387959
        ]
      },
      {
        "date": "2026-07-17",
        "close": 67.5,
        "volume": 12449921,
        "typical_volume": 2600177.8,
        "trend": 37.196393,
        "fair_value": 45.902289,
        "relative_strength": 38.514875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.64564,
        "energy": 88.423827,
        "activity_lines": [
          51.359999,
          45.406364,
          41.546905,
          39.410127
        ]
      },
      {
        "date": "2026-07-24",
        "close": 74.300003,
        "volume": 14140208,
        "typical_volume": 3240571.7,
        "trend": 38.496393,
        "fair_value": 45.750366,
        "relative_strength": 48.85711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 96.495272,
        "energy": 97.898734,
        "activity_lines": [
          60.456667,
          51.194546,
          44.967381,
          41.803908
        ]
      },
      {
        "date": "2026-07-31",
        "close": 67.0,
        "volume": 4519635,
        "typical_volume": 3435713.6,
        "trend": 39.59306,
        "fair_value": 45.60934,
        "relative_strength": 36.049004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.715392,
        "energy": 90.917916,
        "activity_lines": [
          64.843334,
          55.057273,
          47.496667,
          43.642851
        ]
      },
      {
        "date": "2026-08-07",
        "close": 69.800003,
        "volume": 2400735,
        "typical_volume": 3519610.15,
        "trend": 40.866393,
        "fair_value": 45.491391,
        "relative_strength": 38.062104,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.807648,
        "energy": 90.277819,
        "activity_lines": [
          68.266668,
          58.929092,
          50.124763,
          45.591686
        ]
      },
      {
        "date": "2026-08-14",
        "close": 71.5,
        "volume": 2736054,
        "typical_volume": 3636228.65,
        "trend": 42.201393,
        "fair_value": 45.436904,
        "relative_strength": 36.322011,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.700722,
        "energy": 88.54468,
        "activity_lines": [
          70.253335,
          62.54091,
          52.730001,
          47.568047
        ]
      }
    ],
    "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."
    }
  }
}