{
  "ticker": {
    "uuid": "b7da9f69-ae00-426e-bcf9-69d86526e26c",
    "symbol": "3230",
    "name": "Jiin Ming Industry Co., Ltd.",
    "exchange": "TWO",
    "country": "TW",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 49.528,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 43.016,
    "architecture_energy": 23.647,
    "architecture_maturity": 67.877,
    "architecture_confidence": 76.799,
    "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": 49.48,
        "rotation_up": 30.07,
        "upward_expansion": 61.39,
        "deceleration": 88.21,
        "rotation_down": 30.83,
        "downward_expansion": 16.06
      },
      "activity_lines": [
        41.2,
        42.314545,
        39.257619,
        38.757849
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
    },
    "latest_close": 44.450001,
    "trend_reference": 37.933333,
    "distance_from_trend": 0.171793,
    "trend_direction": "Improving",
    "fair_value": 33.365218,
    "distance_from_fair_value": 0.332226,
    "fair_value_direction": "Improving",
    "relative_strength": -26.57814,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.326866,
    "excess_performance": -0.114506,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.171793,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.013628,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.332226,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.365797,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.265781,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.245498,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.326866,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.258886,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3985218,
      "relative_activity": 0.720965,
      "balance": 2.258886,
      "dry_up": 1.113059,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.135416,
      "annualized_volatility": 0.846351,
      "from_high_reference": -0.344395,
      "from_low_reference": 0.6742
    },
    "levels": {
      "trend_reference": 37.933333,
      "fair_value_reference": 33.365218,
      "structural_low": 27.9,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 18,
        "median_return": -0.013464,
        "positive_rate": 0.444444,
        "directional_follow_through": 0.444444,
        "median_excess_return": -0.051569,
        "regime_survival": 0.666667,
        "best_return": 1.122538,
        "worst_return": -0.140845,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.054464,
        "positive_rate": 0.375,
        "directional_follow_through": 0.375,
        "median_excess_return": -0.041985,
        "regime_survival": 0.5,
        "best_return": 1.59375,
        "worst_return": -0.35,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.271429,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.257032,
        "regime_survival": 0.2,
        "best_return": 3.08867,
        "worst_return": -0.338,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.01,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.058724,
        "regime_survival": 0.333333,
        "best_return": 1.178218,
        "worst_return": -0.226191,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-03-15",
        "end": "2024-03-29",
        "tenure": "New",
        "return": 0.073892,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-04-05",
        "end": "2024-05-03",
        "tenure": "Developing",
        "return": 0.269231,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-10",
        "end": "2025-01-24",
        "tenure": "Extended",
        "return": 3.022059,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-07",
        "end": "2025-04-11",
        "tenure": "Developing",
        "return": -0.329444,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-07-25",
        "tenure": "Established",
        "return": -0.136473,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-01",
        "end": "2025-09-12",
        "tenure": "Developing",
        "return": 0.259942,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-19",
        "end": "2025-10-10",
        "tenure": "New",
        "return": -0.15,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-17",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.286792,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-11-28",
        "end": "2026-01-16",
        "tenure": "Developing",
        "return": -0.148649,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-01-23",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": 0.116448,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-20",
        "end": "2026-05-15",
        "tenure": "Developing",
        "return": -0.24375,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-22",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": 0.231839,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-03",
        "end": "2026-07-10",
        "tenure": "New",
        "return": 0.013566,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-17",
        "end": "2026-08-14",
        "tenure": "Developing",
        "return": -0.022002,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 11.669049,
        "volume": 263000,
        "typical_volume": 1068800.0,
        "trend": 13.147129,
        "fair_value": 15.146703,
        "relative_strength": -21.162091,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.323531,
        "energy": 77.32872,
        "activity_lines": [
          12.003397,
          12.64952,
          13.395643,
          13.342601
        ]
      },
      {
        "date": "2023-08-18",
        "close": 11.371116,
        "volume": 945000,
        "typical_volume": 975950.0,
        "trend": 13.11237,
        "fair_value": 15.146951,
        "relative_strength": -21.459765,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -53.262837,
        "energy": 80.671527,
        "activity_lines": [
          11.718705,
          12.30464,
          13.182361,
          13.228019
        ]
      },
      {
        "date": "2023-08-25",
        "close": 11.172494,
        "volume": 385000,
        "typical_volume": 979200.0,
        "trend": 13.077611,
        "fair_value": 15.140453,
        "relative_strength": -22.695953,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.565125,
        "energy": 80.435214,
        "activity_lines": [
          11.467117,
          11.989553,
          12.956073,
          13.102866
        ]
      },
      {
        "date": "2023-09-01",
        "close": 10.477317,
        "volume": 637000,
        "typical_volume": 929500.0,
        "trend": 13.011404,
        "fair_value": 15.133946,
        "relative_strength": -27.53923,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -86.638814,
        "energy": 92.001451,
        "activity_lines": [
          11.086425,
          11.61488,
          12.671382,
          12.935105
        ]
      },
      {
        "date": "2023-09-08",
        "close": 10.874561,
        "volume": 320000,
        "typical_volume": 845900.0,
        "trend": 12.965059,
        "fair_value": 15.132722,
        "relative_strength": -23.78177,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.351503,
        "energy": 83.420272,
        "activity_lines": [
          10.947389,
          11.386464,
          12.436818,
          12.797244
        ]
      },
      {
        "date": "2023-09-15",
        "close": 10.77525,
        "volume": 667000,
        "typical_volume": 816750.0,
        "trend": 12.915403,
        "fair_value": 15.13109,
        "relative_strength": -25.232413,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.648714,
        "energy": 80.696332,
        "activity_lines": [
          10.834837,
          11.198676,
          12.206038,
          12.655966
        ]
      },
      {
        "date": "2023-09-22",
        "close": 9.980762,
        "volume": 1982000,
        "typical_volume": 808850.0,
        "trend": 12.84423,
        "fair_value": 15.123794,
        "relative_strength": -27.589539,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.033251,
        "energy": 81.922105,
        "activity_lines": [
          10.517041,
          10.907966,
          11.913071,
          12.466635
        ]
      },
      {
        "date": "2023-09-29",
        "close": 9.921175,
        "volume": 226000,
        "typical_volume": 697600.0,
        "trend": 12.769416,
        "fair_value": 15.106195,
        "relative_strength": -27.342869,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.093977,
        "energy": 87.258131,
        "activity_lines": [
          10.272074,
          10.658785,
          11.636655,
          12.278051
        ]
      },
      {
        "date": "2023-10-06",
        "close": 8.719511,
        "volume": 2837000,
        "typical_volume": 792500.0,
        "trend": 12.654546,
        "fair_value": 15.083859,
        "relative_strength": -36.149937,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -94.409542,
        "energy": 96.145302,
        "activity_lines": [
          9.709973,
          10.241859,
          11.269488,
          12.016766
        ]
      },
      {
        "date": "2023-10-13",
        "close": 8.699649,
        "volume": 635000,
        "typical_volume": 798750.0,
        "trend": 12.54398,
        "fair_value": 15.057517,
        "relative_strength": -36.681577,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.425643,
        "energy": 94.906885,
        "activity_lines": [
          9.258439,
          9.883076,
          10.929135,
          11.761612
        ]
      },
      {
        "date": "2023-10-20",
        "close": 8.719511,
        "volume": 619000,
        "typical_volume": 807050.0,
        "trend": 12.430765,
        "fair_value": 15.03347,
        "relative_strength": -34.585204,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.454541,
        "energy": 91.94457,
        "activity_lines": [
          8.95852,
          9.583698,
          10.618764,
          11.514872
        ]
      },
      {
        "date": "2023-10-27",
        "close": 8.997582,
        "volume": 424000,
        "typical_volume": 787300.0,
        "trend": 12.310268,
        "fair_value": 15.009266,
        "relative_strength": -30.496627,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.437221,
        "energy": 87.35029,
        "activity_lines": [
          8.88834,
          9.388507,
          10.364291,
          11.293376
        ]
      },
      {
        "date": "2023-11-03",
        "close": 8.868478,
        "volume": 369000,
        "typical_volume": 761150.0,
        "trend": 12.178846,
        "fair_value": 14.987429,
        "relative_strength": -32.179589,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.90164,
        "energy": 79.697604,
        "activity_lines": [
          8.840671,
          9.212997,
          10.126087,
          11.071325
        ]
      },
      {
        "date": "2023-11-10",
        "close": 8.937995,
        "volume": 399000,
        "typical_volume": 764150.0,
        "trend": 12.041466,
        "fair_value": 14.967177,
        "relative_strength": -31.416569,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.008069,
        "energy": 65.798847,
        "activity_lines": [
          8.886354,
          9.092018,
          9.922972,
          10.862238
        ]
      },
      {
        "date": "2023-11-17",
        "close": 9.146548,
        "volume": 378000,
        "typical_volume": 711000.0,
        "trend": 11.891175,
        "fair_value": 14.94963,
        "relative_strength": -31.199727,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.765997,
        "energy": 63.178051,
        "activity_lines": [
          8.986989,
          9.036945,
          9.766439,
          10.675469
        ]
      },
      {
        "date": "2023-11-24",
        "close": 10.526973,
        "volume": 3377000,
        "typical_volume": 833200.0,
        "trend": 11.788554,
        "fair_value": 14.941502,
        "relative_strength": -20.38779,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.477344,
        "energy": 42.938068,
        "activity_lines": [
          9.517972,
          9.264277,
          9.764973,
          10.587456
        ]
      },
      {
        "date": "2023-12-01",
        "close": 9.861588,
        "volume": 1284000,
        "typical_volume": 880100.0,
        "trend": 11.628994,
        "fair_value": 14.928767,
        "relative_strength": -25.265529,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.955457,
        "energy": 27.70707,
        "activity_lines": [
          9.706663,
          9.375145,
          9.712196,
          10.463136
        ]
      },
      {
        "date": "2023-12-08",
        "close": 9.811933,
        "volume": 446000,
        "typical_volume": 876900.0,
        "trend": 11.459503,
        "fair_value": 14.914574,
        "relative_strength": -24.737896,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.449881,
        "energy": 28.958293,
        "activity_lines": [
          9.821202,
          9.47915,
          9.668972,
          10.345906
        ]
      },
      {
        "date": "2023-12-15",
        "close": 9.43455,
        "volume": 629000,
        "typical_volume": 879500.0,
        "trend": 11.282398,
        "fair_value": 14.896593,
        "relative_strength": -28.148164,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.509867,
        "energy": 27.024107,
        "activity_lines": [
          9.747049,
          9.516527,
          9.603616,
          10.215264
        ]
      },
      {
        "date": "2023-12-22",
        "close": 9.394826,
        "volume": 269000,
        "typical_volume": 854550.0,
        "trend": 11.108935,
        "fair_value": 14.88041,
        "relative_strength": -27.392876,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.392518,
        "energy": 25.844345,
        "activity_lines": [
          9.626552,
          9.533681,
          9.547245,
          10.093485
        ]
      },
      {
        "date": "2023-12-29",
        "close": 9.355102,
        "volume": 440000,
        "typical_volume": 863400.0,
        "trend": 10.924216,
        "fair_value": 14.864542,
        "relative_strength": -28.309904,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.236049,
        "energy": 29.302733,
        "activity_lines": [
          9.476261,
          9.530973,
          9.498393,
          9.980334
        ]
      },
      {
        "date": "2024-01-05",
        "close": 9.24586,
        "volume": 390000,
        "typical_volume": 835650.0,
        "trend": 10.732546,
        "fair_value": 14.848544,
        "relative_strength": -26.749671,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.538903,
        "energy": 35.82069,
        "activity_lines": [
          9.367681,
          9.496846,
          9.450157,
          9.872053
        ]
      },
      {
        "date": "2024-01-12",
        "close": 8.88834,
        "volume": 1609000,
        "typical_volume": 896850.0,
        "trend": 10.533924,
        "fair_value": 14.828886,
        "relative_strength": -28.847576,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.069102,
        "energy": 41.078283,
        "activity_lines": [
          9.180977,
          9.393201,
          9.377991,
          9.753072
        ]
      },
      {
        "date": "2024-01-19",
        "close": 8.79896,
        "volume": 375000,
        "typical_volume": 883750.0,
        "trend": 10.342254,
        "fair_value": 14.806033,
        "relative_strength": -29.590094,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.428098,
        "energy": 48.380381,
        "activity_lines": [
          9.026051,
          9.272945,
          9.308189,
          9.641139
        ]
      },
      {
        "date": "2024-01-26",
        "close": 9.931106,
        "volume": 750000,
        "typical_volume": 905250.0,
        "trend": 10.203218,
        "fair_value": 14.793173,
        "relative_strength": -21.345548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.217065,
        "energy": 22.959918,
        "activity_lines": [
          9.290881,
          9.361061,
          9.354203,
          9.614613
        ]
      },
      {
        "date": "2024-02-02",
        "close": 11.371116,
        "volume": 7974000,
        "typical_volume": 1270600.0,
        "trend": 10.146942,
        "fair_value": 14.791939,
        "relative_strength": -9.846273,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 12.210302,
        "energy": 14.963285,
        "activity_lines": [
          9.999962,
          9.696732,
          9.541854,
          9.689962
        ]
      },
      {
        "date": "2024-02-09",
        "close": 11.271806,
        "volume": 900000,
        "typical_volume": 1216500.0,
        "trend": 10.093976,
        "fair_value": 14.791551,
        "relative_strength": -10.40753,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 32.950446,
        "energy": 36.445568,
        "activity_lines": [
          10.541538,
          9.998999,
          9.717209,
          9.762533
        ]
      },
      {
        "date": "2024-02-16",
        "close": 11.023528,
        "volume": 916000,
        "typical_volume": 1251000.0,
        "trend": 10.0377,
        "fair_value": 14.790712,
        "relative_strength": -14.314251,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 35.585664,
        "energy": 49.950266,
        "activity_lines": [
          10.865292,
          10.230484,
          9.862771,
          9.822505
        ]
      },
      {
        "date": "2024-02-23",
        "close": 12.016639,
        "volume": 7013000,
        "typical_volume": 1459800.0,
        "trend": 10.03439,
        "fair_value": 14.795897,
        "relative_strength": -7.615564,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 51.127511,
        "energy": 71.916302,
        "activity_lines": [
          11.377738,
          10.620506,
          10.097665,
          9.950178
        ]
      },
      {
        "date": "2024-03-01",
        "close": 10.77525,
        "volume": 2110000,
        "typical_volume": 1533550.0,
        "trend": 10.001286,
        "fair_value": 14.789133,
        "relative_strength": -16.875493,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 35.903062,
        "energy": 60.055159,
        "activity_lines": [
          11.261875,
          10.737873,
          10.198631,
          9.997976
        ]
      },
      {
        "date": "2024-03-08",
        "close": 11.073183,
        "volume": 3818000,
        "typical_volume": 1693500.0,
        "trend": 9.981424,
        "fair_value": 14.781884,
        "relative_strength": -17.726901,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 58.529618,
        "energy": 47.772676,
        "activity_lines": [
          11.189046,
          10.884312,
          10.318088,
          10.06713
        ]
      },
      {
        "date": "2024-03-15",
        "close": 10.080072,
        "volume": 1741000,
        "typical_volume": 1759350.0,
        "trend": 9.938389,
        "fair_value": 14.767813,
        "relative_strength": -24.145086,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.203721,
        "energy": 28.8625,
        "activity_lines": [
          10.805043,
          10.818947,
          10.331755,
          10.073495
        ]
      },
      {
        "date": "2024-03-22",
        "close": 9.980762,
        "volume": 489000,
        "typical_volume": 1765350.0,
        "trend": 9.898664,
        "fair_value": 14.742727,
        "relative_strength": -26.357482,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 30.69714,
        "energy": 18.714461,
        "activity_lines": [
          10.467386,
          10.720358,
          10.330809,
          10.076228
        ]
      },
      {
        "date": "2024-03-29",
        "close": 10.824905,
        "volume": 714000,
        "typical_volume": 1781100.0,
        "trend": 9.910251,
        "fair_value": 14.718947,
        "relative_strength": -19.786913,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 33.682832,
        "energy": 19.285852,
        "activity_lines": [
          10.480627,
          10.755388,
          10.404962,
          10.135986
        ]
      },
      {
        "date": "2024-04-05",
        "close": 10.32835,
        "volume": 680000,
        "typical_volume": 1796200.0,
        "trend": 9.892044,
        "fair_value": 14.677728,
        "relative_strength": -22.957892,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 28.17691,
        "energy": 18.488179,
        "activity_lines": [
          10.407799,
          10.663299,
          10.422838,
          10.16296
        ]
      },
      {
        "date": "2024-04-12",
        "close": 10.030417,
        "volume": 809000,
        "typical_volume": 1667800.0,
        "trend": 9.867216,
        "fair_value": 14.615861,
        "relative_strength": -25.893097,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.213641,
        "energy": 14.587765,
        "activity_lines": [
          10.265453,
          10.509819,
          10.406711,
          10.171887
        ]
      },
      {
        "date": "2024-04-19",
        "close": 9.980762,
        "volume": 776000,
        "typical_volume": 1642400.0,
        "trend": 9.867216,
        "fair_value": 14.530255,
        "relative_strength": -20.843706,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.74426,
        "energy": 8.041348,
        "activity_lines": [
          10.176073,
          10.371686,
          10.388221,
          10.179213
        ]
      },
      {
        "date": "2024-04-26",
        "close": 12.314571,
        "volume": 6444000,
        "typical_volume": 1942300.0,
        "trend": 9.946996,
        "fair_value": 14.48022,
        "relative_strength": -4.471511,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 61.953456,
        "energy": 29.244484,
        "activity_lines": [
          10.871251,
          10.681356,
          10.59143,
          10.337107
        ]
      },
      {
        "date": "2024-05-03",
        "close": 13.109059,
        "volume": 3732000,
        "typical_volume": 2097450.0,
        "trend": 10.093314,
        "fair_value": 14.434029,
        "relative_strength": 1.533969,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 73.420182,
        "energy": 61.751126,
        "activity_lines": [
          11.67567,
          11.112005,
          10.858387,
          10.541111
        ]
      },
      {
        "date": "2024-05-10",
        "close": 13.506305,
        "volume": 5415000,
        "typical_volume": 2354750.0,
        "trend": 10.253536,
        "fair_value": 14.403187,
        "relative_strength": 3.667851,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.710074,
        "energy": 75.250403,
        "activity_lines": [
          12.460228,
          11.595018,
          11.14568,
          10.761304
        ]
      },
      {
        "date": "2024-05-17",
        "close": 16.386324,
        "volume": 14956000,
        "typical_volume": 3080550.0,
        "trend": 10.509096,
        "fair_value": 14.389871,
        "relative_strength": 23.051812,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.12558,
        "energy": 88.633652,
        "activity_lines": [
          13.992928,
          12.552015,
          11.687682,
          11.156967
        ]
      },
      {
        "date": "2024-05-24",
        "close": 14.201482,
        "volume": 6519000,
        "typical_volume": 3387000.0,
        "trend": 10.68256,
        "fair_value": 14.38722,
        "relative_strength": 5.861764,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.663714,
        "energy": 80.542351,
        "activity_lines": [
          14.373621,
          13.015166,
          11.988122,
          11.395186
        ]
      },
      {
        "date": "2024-05-31",
        "close": 15.045625,
        "volume": 5847000,
        "typical_volume": 3598900.0,
        "trend": 10.888465,
        "fair_value": 14.393103,
        "relative_strength": 14.868935,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.607854,
        "energy": 82.629506,
        "activity_lines": [
          14.754313,
          13.556862,
          12.345358,
          11.676674
        ]
      },
      {
        "date": "2024-06-07",
        "close": 16.535292,
        "volume": 8489000,
        "typical_volume": 4004600.0,
        "trend": 11.141708,
        "fair_value": 14.400104,
        "relative_strength": 22.793052,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.643219,
        "energy": 86.166679,
        "activity_lines": [
          15.449491,
          14.277319,
          12.815146,
          12.040985
        ]
      },
      {
        "date": "2024-06-14",
        "close": 15.88977,
        "volume": 2298000,
        "typical_volume": 4082000.0,
        "trend": 11.366482,
        "fair_value": 14.398906,
        "relative_strength": 15.159274,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.396413,
        "energy": 68.659742,
        "activity_lines": [
          15.701079,
          14.776583,
          13.186617,
          12.347312
        ]
      },
      {
        "date": "2024-06-21",
        "close": 15.989081,
        "volume": 3452000,
        "typical_volume": 3855900.0,
        "trend": 11.548552,
        "fair_value": 14.400219,
        "relative_strength": 12.707259,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.434645,
        "energy": 58.776392,
        "activity_lines": [
          15.826873,
          15.192787,
          13.539171,
          12.645544
        ]
      },
      {
        "date": "2024-06-28",
        "close": 15.790458,
        "volume": 2687000,
        "typical_volume": 3945250.0,
        "trend": 11.746181,
        "fair_value": 14.39901,
        "relative_strength": 12.902939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.00305,
        "energy": 54.416051,
        "activity_lines": [
          15.912942,
          15.464538,
          13.850819,
          12.919216
        ]
      },
      {
        "date": "2024-07-05",
        "close": 17.081503,
        "volume": 5241000,
        "typical_volume": 4161500.0,
        "trend": 11.9885,
        "fair_value": 14.404827,
        "relative_strength": 19.637309,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.846127,
        "energy": 56.354627,
        "activity_lines": [
          16.323428,
          15.865393,
          14.263906,
          13.26343
        ]
      },
      {
        "date": "2024-07-12",
        "close": 16.33667,
        "volume": 9142000,
        "typical_volume": 4267950.0,
        "trend": 12.218571,
        "fair_value": 14.40306,
        "relative_strength": 12.915353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.051457,
        "energy": 46.49712,
        "activity_lines": [
          16.349911,
          16.044153,
          14.577209,
          13.543957
        ]
      },
      {
        "date": "2024-07-19",
        "close": 23.785,
        "volume": 17249000,
        "typical_volume": 5024900.0,
        "trend": 12.698243,
        "fair_value": 14.453722,
        "relative_strength": 70.337677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.453992,
        "energy": 65.967824,
        "activity_lines": [
          18.872412,
          17.518471,
          15.579304,
          14.290178
        ]
      },
      {
        "date": "2024-07-26",
        "close": 22.642921,
        "volume": 8940000,
        "typical_volume": 5281000.0,
        "trend": 13.141171,
        "fair_value": 14.493628,
        "relative_strength": 65.968629,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.289886,
        "energy": 80.420253,
        "activity_lines": [
          20.487872,
          18.598253,
          16.41068,
          14.93177
        ]
      },
      {
        "date": "2024-08-02",
        "close": 22.692577,
        "volume": 11795000,
        "typical_volume": 5783700.0,
        "trend": 13.589394,
        "fair_value": 14.530418,
        "relative_strength": 68.195273,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.528627,
        "energy": 81.67114,
        "activity_lines": [
          21.676294,
          19.573307,
          17.19169,
          15.54799
        ]
      },
      {
        "date": "2024-08-09",
        "close": 22.990509,
        "volume": 8313000,
        "typical_volume": 6174900.0,
        "trend": 14.059467,
        "fair_value": 14.571479,
        "relative_strength": 69.818354,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.504996,
        "energy": 82.788479,
        "activity_lines": [
          22.503886,
          20.448147,
          17.941016,
          16.154514
        ]
      },
      {
        "date": "2024-08-16",
        "close": 33.020927,
        "volume": 19978000,
        "typical_volume": 7138100.0,
        "trend": 14.866866,
        "fair_value": 14.674928,
        "relative_strength": 128.833614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.145771,
        "energy": 93.715578,
        "activity_lines": [
          26.281016,
          23.002247,
          19.583668,
          17.377834
        ]
      },
      {
        "date": "2024-08-23",
        "close": 40.717533,
        "volume": 7089000,
        "typical_volume": 7458550.0,
        "trend": 15.89308,
        "fair_value": 14.835353,
        "relative_strength": 175.104034,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 97.249795,
        "energy": 96.952139,
        "activity_lines": [
          31.511398,
          26.655991,
          21.853635,
          19.045619
        ]
      },
      {
        "date": "2024-08-30",
        "close": 48.165863,
        "volume": 3504000,
        "typical_volume": 7593300.0,
        "trend": 17.119571,
        "fair_value": 15.035249,
        "relative_strength": 210.127447,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 97.531419,
        "energy": 98.660826,
        "activity_lines": [
          38.095722,
          31.212563,
          24.688256,
          21.127734
        ]
      },
      {
        "date": "2024-09-06",
        "close": 42.306511,
        "volume": 20848000,
        "typical_volume": 8596900.0,
        "trend": 18.154062,
        "fair_value": 15.197902,
        "relative_strength": 173.064396,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.84789,
        "energy": 90.437076,
        "activity_lines": [
          41.025398,
          34.118765,
          26.783247,
          22.752698
        ]
      },
      {
        "date": "2024-09-13",
        "close": 41.214088,
        "volume": 21291000,
        "typical_volume": 9339250.0,
        "trend": 19.160414,
        "fair_value": 15.328407,
        "relative_strength": 153.564912,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.198725,
        "energy": 83.669359,
        "activity_lines": [
          42.283338,
          36.344236,
          28.620265,
          24.240441
        ]
      },
      {
        "date": "2024-09-20",
        "close": 53.925903,
        "volume": 35729000,
        "typical_volume": 10939100.0,
        "trend": 20.557389,
        "fair_value": 15.552812,
        "relative_strength": 211.183566,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.25397,
        "energy": 74.223846,
        "activity_lines": [
          46.563644,
          40.442171,
          31.530315,
          26.483376
        ]
      },
      {
        "date": "2024-09-27",
        "close": 54.521774,
        "volume": 9783000,
        "typical_volume": 11157500.0,
        "trend": 22.015607,
        "fair_value": 15.764166,
        "relative_strength": 192.651145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.168341,
        "energy": 71.342855,
        "activity_lines": [
          49.648909,
          43.965005,
          34.302749,
          28.674627
        ]
      },
      {
        "date": "2024-10-04",
        "close": 54.621082,
        "volume": 1857000,
        "typical_volume": 10502550.0,
        "trend": 23.467203,
        "fair_value": 15.978385,
        "relative_strength": 187.029364,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.560572,
        "energy": 69.343854,
        "activity_lines": [
          51.846993,
          46.947046,
          36.889329,
          30.778206
        ]
      },
      {
        "date": "2024-10-11",
        "close": 53.230728,
        "volume": 5238000,
        "typical_volume": 10438500.0,
        "trend": 24.905558,
        "fair_value": 16.197061,
        "relative_strength": 161.75365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.613665,
        "energy": 66.507976,
        "activity_lines": [
          53.151279,
          49.094873,
          39.161424,
          32.698433
        ]
      },
      {
        "date": "2024-10-18",
        "close": 56.607304,
        "volume": 36296000,
        "typical_volume": 11960950.0,
        "trend": 26.459776,
        "fair_value": 16.433243,
        "relative_strength": 160.799821,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.551101,
        "energy": 66.623979,
        "activity_lines": [
          54.852809,
          51.301385,
          41.569245,
          34.743707
        ]
      },
      {
        "date": "2024-10-25",
        "close": 48.56311,
        "volume": 16290000,
        "typical_volume": 12351000.0,
        "trend": 27.717717,
        "fair_value": 16.621679,
        "relative_strength": 118.15827,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.549009,
        "energy": 56.8912,
        "activity_lines": [
          52.846726,
          51.434101,
          43.013038,
          36.169728
        ]
      },
      {
        "date": "2024-11-01",
        "close": 51.045887,
        "volume": 8721000,
        "typical_volume": 12672150.0,
        "trend": 29.074968,
        "fair_value": 16.827304,
        "relative_strength": 127.224976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.823419,
        "energy": 49.15843,
        "activity_lines": [
          52.025755,
          51.735646,
          44.540774,
          37.674772
        ]
      },
      {
        "date": "2024-11-08",
        "close": 54.422459,
        "volume": 30632000,
        "typical_volume": 14031150.0,
        "trend": 30.554703,
        "fair_value": 17.050436,
        "relative_strength": 126.459048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.035095,
        "energy": 46.839052,
        "activity_lines": [
          52.562034,
          52.463325,
          46.222677,
          39.310094
        ]
      },
      {
        "date": "2024-11-15",
        "close": 50.64864,
        "volume": 12105000,
        "typical_volume": 14502050.0,
        "trend": 31.910299,
        "fair_value": 17.247148,
        "relative_strength": 111.512847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.981275,
        "energy": 34.807787,
        "activity_lines": [
          51.853615,
          52.391098,
          47.362154,
          40.606477
        ]
      },
      {
        "date": "2024-11-22",
        "close": 55.415569,
        "volume": 9066123,
        "typical_volume": 14693306.15,
        "trend": 33.346998,
        "fair_value": 17.474417,
        "relative_strength": 122.43228,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.624843,
        "energy": 40.184402,
        "activity_lines": [
          52.906311,
          53.033911,
          48.789632,
          42.122946
        ]
      },
      {
        "date": "2024-11-29",
        "close": 56.01144,
        "volume": 27571000,
        "typical_volume": 15614756.15,
        "trend": 34.777078,
        "fair_value": 17.70487,
        "relative_strength": 123.595261,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.145738,
        "energy": 43.704538,
        "activity_lines": [
          54.23708,
          53.526856,
          50.091316,
          43.585168
        ]
      },
      {
        "date": "2024-12-06",
        "close": 56.21006,
        "volume": 19971000,
        "typical_volume": 15750856.15,
        "trend": 36.200536,
        "fair_value": 17.943599,
        "relative_strength": 108.750479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.14415,
        "energy": 44.608187,
        "activity_lines": [
          55.1375,
          54.017994,
          51.222989,
          44.967941
        ]
      },
      {
        "date": "2024-12-13",
        "close": 55.614193,
        "volume": 10920000,
        "typical_volume": 15849856.15,
        "trend": 37.508132,
        "fair_value": 18.175006,
        "relative_strength": 101.796872,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.54028,
        "energy": 44.220305,
        "activity_lines": [
          55.49502,
          54.370097,
          52.143508,
          46.220435
        ]
      },
      {
        "date": "2024-12-20",
        "close": 56.905235,
        "volume": 12553000,
        "typical_volume": 15887756.15,
        "trend": 38.93159,
        "fair_value": 18.416918,
        "relative_strength": 104.607725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.049541,
        "energy": 46.228992,
        "activity_lines": [
          56.203438,
          54.938878,
          53.029978,
          47.471861
        ]
      },
      {
        "date": "2024-12-27",
        "close": 62.46666,
        "volume": 70013000,
        "typical_volume": 18972756.15,
        "trend": 40.512292,
        "fair_value": 18.697981,
        "relative_strength": 110.146275,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.631376,
        "energy": 52.607464,
        "activity_lines": [
          58.348559,
          56.452018,
          54.283189,
          48.990253
        ]
      },
      {
        "date": "2025-01-03",
        "close": 58.394901,
        "volume": 13167000,
        "typical_volume": 18632206.15,
        "trend": 41.907612,
        "fair_value": 18.953898,
        "relative_strength": 93.70296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.88841,
        "energy": 43.412212,
        "activity_lines": [
          58.666353,
          57.118304,
          54.960632,
          50.143969
        ]
      },
      {
        "date": "2025-01-10",
        "close": 53.429348,
        "volume": 8080000,
        "typical_volume": 18681756.15,
        "trend": 43.158931,
        "fair_value": 19.179894,
        "relative_strength": 71.877086,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.323637,
        "energy": 36.424747,
        "activity_lines": [
          57.170066,
          56.703003,
          55.044337,
          50.887307
        ]
      },
      {
        "date": "2025-01-17",
        "close": 55.01833,
        "volume": 9793000,
        "typical_volume": 18996206.15,
        "trend": 44.459906,
        "fair_value": 19.412256,
        "relative_strength": 71.36291,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.423932,
        "energy": 28.046045,
        "activity_lines": [
          56.38882,
          56.533272,
          55.218841,
          51.65243
        ]
      },
      {
        "date": "2025-01-24",
        "close": 54.323151,
        "volume": 1902000,
        "typical_volume": 18048906.15,
        "trend": 45.744329,
        "fair_value": 19.645892,
        "relative_strength": 62.524083,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.256894,
        "energy": 18.516954,
        "activity_lines": [
          55.415572,
          56.226311,
          55.294507,
          52.288768
        ]
      },
      {
        "date": "2025-02-07",
        "close": 55.316261,
        "volume": 15825166,
        "typical_volume": 17775614.45,
        "trend": 47.018821,
        "fair_value": 19.884302,
        "relative_strength": 62.041036,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.807833,
        "energy": 16.271467,
        "activity_lines": [
          54.9455,
          56.033106,
          55.407532,
          52.906312
        ]
      },
      {
        "date": "2025-02-14",
        "close": 54.720394,
        "volume": 5334083,
        "typical_volume": 16255868.6,
        "trend": 48.298279,
        "fair_value": 20.122712,
        "relative_strength": 58.892319,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 28.938876,
        "energy": 13.706729,
        "activity_lines": [
          54.753498,
          55.733367,
          55.396655,
          53.403188
        ]
      },
      {
        "date": "2025-02-21",
        "close": 53.032108,
        "volume": 9239053,
        "typical_volume": 16228671.25,
        "trend": 49.273182,
        "fair_value": 20.351892,
        "relative_strength": 47.117803,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.969858,
        "energy": 8.657387,
        "activity_lines": [
          54.243702,
          55.150141,
          55.221206,
          53.708596
        ]
      },
      {
        "date": "2025-02-28",
        "close": 50.64864,
        "volume": 4393527,
        "typical_volume": 16355497.6,
        "trend": 50.206706,
        "fair_value": 20.567702,
        "relative_strength": 41.829815,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 2.574421,
        "energy": 7.627617,
        "activity_lines": [
          52.965899,
          54.191337,
          54.825853,
          53.797335
        ]
      },
      {
        "date": "2025-03-07",
        "close": 49.854153,
        "volume": 4593797,
        "typical_volume": 16323287.45,
        "trend": 51.112092,
        "fair_value": 20.781603,
        "relative_strength": 39.712195,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.943508,
        "energy": 13.064903,
        "activity_lines": [
          51.71458,
          53.178365,
          54.373751,
          53.77459
        ]
      },
      {
        "date": "2025-03-14",
        "close": 50.152084,
        "volume": 3509414,
        "typical_volume": 14683958.15,
        "trend": 52.017478,
        "fair_value": 20.999642,
        "relative_strength": 41.470889,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.573508,
        "energy": 29.520116,
        "activity_lines": [
          50.860504,
          52.347763,
          53.966103,
          53.712654
        ]
      },
      {
        "date": "2025-03-21",
        "close": 53.131416,
        "volume": 5750344,
        "typical_volume": 14156975.35,
        "trend": 52.687828,
        "fair_value": 21.242827,
        "relative_strength": 44.999524,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.461648,
        "energy": 26.302209,
        "activity_lines": [
          51.343818,
          52.282759,
          53.87294,
          53.784521
        ]
      },
      {
        "date": "2025-03-28",
        "close": 51.542442,
        "volume": 48886603,
        "typical_volume": 16165255.5,
        "trend": 53.048658,
        "fair_value": 21.462457,
        "relative_strength": 41.489248,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.663704,
        "energy": 20.65424,
        "activity_lines": [
          51.403405,
          52.024551,
          53.606692,
          53.710625
        ]
      },
      {
        "date": "2025-04-04",
        "close": 50.549332,
        "volume": 7702179,
        "typical_volume": 15018764.45,
        "trend": 53.128107,
        "fair_value": 21.674448,
        "relative_strength": 37.855304,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.28659,
        "energy": 16.937836,
        "activity_lines": [
          51.231266,
          51.620084,
          53.243497,
          53.549378
        ]
      },
      {
        "date": "2025-04-11",
        "close": 37.092678,
        "volume": 8327067,
        "typical_volume": 14829867.8,
        "trend": 52.954312,
        "fair_value": 21.800178,
        "relative_strength": 8.634116,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -82.613261,
        "energy": 64.141488,
        "activity_lines": [
          46.580197,
          48.850208,
          51.61716,
          52.514834
        ]
      },
      {
        "date": "2025-04-18",
        "close": 41.11478,
        "volume": 7224198,
        "typical_volume": 14737771.55,
        "trend": 52.951002,
        "fair_value": 21.946917,
        "relative_strength": 19.100728,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.556364,
        "energy": 72.81626,
        "activity_lines": [
          44.120594,
          47.124904,
          50.438432,
          51.750994
        ]
      },
      {
        "date": "2025-04-25",
        "close": 38.731312,
        "volume": 2761138,
        "typical_volume": 13497278.45,
        "trend": 52.444516,
        "fair_value": 22.078376,
        "relative_strength": 7.824286,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.096172,
        "energy": 81.633403,
        "activity_lines": [
          41.468988,
          45.224451,
          49.100807,
          50.833594
        ]
      },
      {
        "date": "2025-05-02",
        "close": 39.923046,
        "volume": 2512811,
        "typical_volume": 12624369.0,
        "trend": 51.957891,
        "fair_value": 22.22034,
        "relative_strength": 4.791538,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.202922,
        "energy": 80.527531,
        "activity_lines": [
          40.174634,
          43.831388,
          47.958966,
          50.025757
        ]
      },
      {
        "date": "2025-05-09",
        "close": 39.823734,
        "volume": 5124048,
        "typical_volume": 12334571.4,
        "trend": 51.464647,
        "fair_value": 22.363259,
        "relative_strength": 2.539221,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.620373,
        "energy": 78.24366,
        "activity_lines": [
          39.621802,
          42.658614,
          46.885224,
          49.242909
        ]
      },
      {
        "date": "2025-05-16",
        "close": 39.178215,
        "volume": 2323783,
        "typical_volume": 11823110.55,
        "trend": 50.996229,
        "fair_value": 22.502677,
        "relative_strength": -4.539884,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.657069,
        "energy": 72.138546,
        "activity_lines": [
          39.568837,
          41.56529,
          45.825197,
          48.450236
        ]
      },
      {
        "date": "2025-05-23",
        "close": 36.794746,
        "volume": 1657920,
        "typical_volume": 8405356.55,
        "trend": 50.335811,
        "fair_value": 22.62777,
        "relative_strength": -10.406129,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.885022,
        "energy": 65.605498,
        "activity_lines": [
          38.582346,
          40.232716,
          44.622587,
          47.534011
        ]
      },
      {
        "date": "2025-05-30",
        "close": 34.212662,
        "volume": 2821121,
        "typical_volume": 7888062.6,
        "trend": 49.857463,
        "fair_value": 22.73854,
        "relative_strength": -16.304578,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.523225,
        "energy": 69.615864,
        "activity_lines": [
          37.023164,
          38.673533,
          43.296312,
          46.493808
        ]
      },
      {
        "date": "2025-06-06",
        "close": 32.772648,
        "volume": 2809554,
        "typical_volume": 7624540.3,
        "trend": 49.248355,
        "fair_value": 22.838488,
        "relative_strength": -21.618817,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.893041,
        "energy": 77.853951,
        "activity_lines": [
          35.285219,
          37.196506,
          41.948046,
          45.391562
        ]
      },
      {
        "date": "2025-06-13",
        "close": 31.23333,
        "volume": 2399203,
        "typical_volume": 7254850.45,
        "trend": 48.475384,
        "fair_value": 22.931433,
        "relative_strength": -27.173413,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.066552,
        "energy": 86.663486,
        "activity_lines": [
          33.510862,
          35.780872,
          40.551543,
          44.229302
        ]
      },
      {
        "date": "2025-06-20",
        "close": 30.985052,
        "volume": 2519380,
        "typical_volume": 7285719.45,
        "trend": 47.819931,
        "fair_value": 23.019922,
        "relative_strength": -28.16047,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.548563,
        "energy": 84.818224,
        "activity_lines": [
          32.22644,
          34.671297,
          39.244657,
          43.100893
        ]
      },
      {
        "date": "2025-06-27",
        "close": 33.020927,
        "volume": 1827297,
        "typical_volume": 6585826.0,
        "trend": 47.073443,
        "fair_value": 23.12719,
        "relative_strength": -25.81694,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.977429,
        "energy": 82.533201,
        "activity_lines": [
          32.166853,
          34.042929,
          38.242798,
          42.146119
        ]
      },
      {
        "date": "2025-07-04",
        "close": 31.978163,
        "volume": 1493682,
        "typical_volume": 6393805.95,
        "trend": 46.272333,
        "fair_value": 23.230958,
        "relative_strength": -28.56632,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.785298,
        "energy": 76.408541,
        "activity_lines": [
          32.011266,
          33.372128,
          37.247796,
          41.17223
        ]
      },
      {
        "date": "2025-07-11",
        "close": 30.786428,
        "volume": 987232,
        "typical_volume": 5981214.9,
        "trend": 45.424879,
        "fair_value": 23.328359,
        "relative_strength": -32.255791,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.788611,
        "energy": 85.388261,
        "activity_lines": [
          31.6074,
          32.607433,
          36.247591,
          40.173139
        ]
      },
      {
        "date": "2025-07-18",
        "close": 31.382296,
        "volume": 920005,
        "typical_volume": 5807538.8,
        "trend": 44.617149,
        "fair_value": 23.429898,
        "relative_strength": -33.234951,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.001574,
        "energy": 81.516972,
        "activity_lines": [
          31.534572,
          32.117197,
          35.410068,
          39.267166
        ]
      },
      {
        "date": "2025-07-25",
        "close": 35.503704,
        "volume": 6660250,
        "typical_volume": 5910861.45,
        "trend": 43.903765,
        "fair_value": 23.545443,
        "relative_strength": -24.751344,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.445167,
        "energy": 53.400885,
        "activity_lines": [
          32.825616,
          32.52979,
          35.056804,
          38.679202
        ]
      },
      {
        "date": "2025-08-01",
        "close": 49.208629,
        "volume": 35680585,
        "typical_volume": 7519420.0,
        "trend": 43.46183,
        "fair_value": 23.748839,
        "relative_strength": 2.929286,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 1.303868,
        "energy": 18.075277,
        "activity_lines": [
          38.383725,
          35.500996,
          36.077107,
          39.021451
        ]
      },
      {
        "date": "2025-08-08",
        "close": 50.5,
        "volume": 6717130,
        "typical_volume": 7567759.3,
        "trend": 43.198667,
        "fair_value": 23.960196,
        "relative_strength": 2.036344,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 45.647717,
        "energy": 51.361092,
        "activity_lines": [
          43.29311,
          38.481289,
          37.22489,
          39.475527
        ]
      },
      {
        "date": "2025-08-15",
        "close": 58.5,
        "volume": 9142040,
        "typical_volume": 5580531.15,
        "trend": 43.367689,
        "fair_value": 24.226654,
        "relative_strength": 15.2451,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 53.978991,
        "energy": 63.354928,
        "activity_lines": [
          49.634373,
          42.619995,
          39.147109,
          40.46271
        ]
      },
      {
        "date": "2025-08-22",
        "close": 48.450001,
        "volume": 10469115,
        "typical_volume": 5718877.95,
        "trend": 43.148744,
        "fair_value": 24.429644,
        "relative_strength": -2.767168,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 27.650045,
        "energy": 52.500217,
        "activity_lines": [
          50.778064,
          44.463659,
          40.079053,
          40.790601
        ]
      },
      {
        "date": "2025-08-29",
        "close": 52.099998,
        "volume": 10496110,
        "typical_volume": 5827330.1,
        "trend": 43.074639,
        "fair_value": 24.661124,
        "relative_strength": 2.243013,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.605129,
        "energy": 74.768592,
        "activity_lines": [
          52.000575,
          46.657927,
          41.368613,
          41.368101
        ]
      },
      {
        "date": "2025-09-05",
        "close": 57.299999,
        "volume": 20214379,
        "typical_volume": 6476839.15,
        "trend": 43.140764,
        "fair_value": 24.924983,
        "relative_strength": 11.068237,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.903098,
        "energy": 71.728733,
        "activity_lines": [
          53.849999,
          49.413743,
          43.081948,
          42.285866
        ]
      },
      {
        "date": "2025-09-12",
        "close": 62.0,
        "volume": 31437238,
        "typical_volume": 7910644.15,
        "trend": 43.383417,
        "fair_value": 25.221834,
        "relative_strength": 15.071622,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 82.85236,
        "energy": 66.95436,
        "activity_lines": [
          56.726666,
          52.582666,
          45.16583,
          43.502591
        ]
      },
      {
        "date": "2025-09-19",
        "close": 60.0,
        "volume": 18873643,
        "typical_volume": 8728685.75,
        "trend": 43.615681,
        "fair_value": 25.503001,
        "relative_strength": 10.454421,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.272843,
        "energy": 62.998538,
        "activity_lines": [
          58.17,
          54.842101,
          46.948432,
          44.574629
        ]
      },
      {
        "date": "2025-09-26",
        "close": 52.900002,
        "volume": 4792208,
        "typical_volume": 8712093.75,
        "trend": 43.690726,
        "fair_value": 25.744384,
        "relative_strength": -2.300044,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.363757,
        "energy": 54.98946,
        "activity_lines": [
          57.146667,
          55.279472,
          47.959239,
          45.173617
        ]
      },
      {
        "date": "2025-10-03",
        "close": 52.5,
        "volume": 7667558,
        "typical_volume": 8979282.5,
        "trend": 43.778921,
        "fair_value": 25.986704,
        "relative_strength": -6.955827,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.528237,
        "energy": 46.906875,
        "activity_lines": [
          55.693334,
          55.252884,
          48.869683,
          45.741957
        ]
      },
      {
        "date": "2025-10-10",
        "close": 51.0,
        "volume": 2249708,
        "typical_volume": 9008871.9,
        "trend": 43.807185,
        "fair_value": 26.230868,
        "relative_strength": -10.932758,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.677805,
        "energy": 30.965612,
        "activity_lines": [
          53.713334,
          54.644546,
          49.573832,
          46.207833
        ]
      },
      {
        "date": "2025-10-17",
        "close": 53.0,
        "volume": 5060403,
        "typical_volume": 9120836.0,
        "trend": 43.802804,
        "fair_value": 26.488807,
        "relative_strength": -7.115168,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.682933,
        "energy": 21.656852,
        "activity_lines": [
          52.82,
          54.367273,
          50.400814,
          46.800918
        ]
      },
      {
        "date": "2025-10-24",
        "close": 50.799999,
        "volume": 1531151,
        "typical_volume": 9056915.85,
        "trend": 43.778056,
        "fair_value": 26.73519,
        "relative_strength": -11.252742,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.71128,
        "energy": 20.810409,
        "activity_lines": [
          51.793333,
          53.644545,
          50.928808,
          47.25235
        ]
      },
      {
        "date": "2025-10-31",
        "close": 48.0,
        "volume": 3072074,
        "typical_volume": 9090559.4,
        "trend": 43.693078,
        "fair_value": 26.961078,
        "relative_strength": -17.938328,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.169367,
        "energy": 20.480174,
        "activity_lines": [
          50.446666,
          52.552727,
          51.104291,
          47.524734
        ]
      },
      {
        "date": "2025-11-07",
        "close": 43.599998,
        "volume": 1835520,
        "typical_volume": 9056366.4,
        "trend": 43.909989,
        "fair_value": 27.153032,
        "relative_strength": -23.419901,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.72685,
        "energy": 11.501823,
        "activity_lines": [
          47.959999,
          50.669091,
          50.780886,
          47.518728
        ]
      },
      {
        "date": "2025-11-14",
        "close": 42.400002,
        "volume": 1590080,
        "typical_volume": 9044505.55,
        "trend": 43.95283,
        "fair_value": 27.332518,
        "relative_strength": -24.297965,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.336811,
        "energy": 19.740615,
        "activity_lines": [
          45.666667,
          48.721818,
          50.283123,
          47.42131
        ]
      },
      {
        "date": "2025-11-21",
        "close": 37.799999,
        "volume": 2591074,
        "typical_volume": 9099375.15,
        "trend": 43.921786,
        "fair_value": 27.486656,
        "relative_strength": -29.525046,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -36.35321,
        "energy": 49.011928,
        "activity_lines": [
          42.413333,
          46.209091,
          49.302603,
          47.024353
        ]
      },
      {
        "date": "2025-11-28",
        "close": 40.700001,
        "volume": 3400015,
        "typical_volume": 9220014.3,
        "trend": 43.947684,
        "fair_value": 27.653971,
        "relative_strength": -26.733977,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.109005,
        "energy": 52.606761,
        "activity_lines": [
          41.14,
          44.663636,
          48.57055,
          46.816496
        ]
      },
      {
        "date": "2025-12-05",
        "close": 40.150002,
        "volume": 935003,
        "typical_volume": 9220764.2,
        "trend": 43.95856,
        "fair_value": 27.817443,
        "relative_strength": -27.894017,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.094691,
        "energy": 58.680987,
        "activity_lines": [
          40.356668,
          43.369091,
          47.73891,
          46.571484
        ]
      },
      {
        "date": "2025-12-12",
        "close": 39.549999,
        "volume": 1012729,
        "typical_volume": 8938388.15,
        "trend": 43.970953,
        "fair_value": 27.983117,
        "relative_strength": -28.816176,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.053417,
        "energy": 59.641988,
        "activity_lines": [
          39.896667,
          42.197273,
          46.808374,
          46.287061
        ]
      },
      {
        "date": "2025-12-19",
        "close": 39.0,
        "volume": 902412,
        "typical_volume": 7199479.5,
        "trend": 44.044461,
        "fair_value": 28.148448,
        "relative_strength": -27.824775,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.451611,
        "energy": 55.472618,
        "activity_lines": [
          39.523334,
          41.160909,
          45.806191,
          45.966354
        ]
      },
      {
        "date": "2025-12-26",
        "close": 38.200001,
        "volume": 1175187,
        "typical_volume": 6922382.35,
        "trend": 44.177373,
        "fair_value": 28.306741,
        "relative_strength": -30.619546,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.212677,
        "energy": 58.809859,
        "activity_lines": [
          39.11,
          40.197273,
          44.776429,
          45.589292
        ]
      },
      {
        "date": "2026-01-02",
        "close": 37.049999,
        "volume": 1227275,
        "typical_volume": 6526644.1,
        "trend": 44.319951,
        "fair_value": 28.460527,
        "relative_strength": -33.58664,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.86548,
        "energy": 62.780424,
        "activity_lines": [
          38.286667,
          39.293636,
          43.695714,
          45.129462
        ]
      },
      {
        "date": "2026-01-09",
        "close": 35.349998,
        "volume": 3599491,
        "typical_volume": 6183162.9,
        "trend": 44.457173,
        "fair_value": 28.605007,
        "relative_strength": -37.728009,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -48.90005,
        "energy": 65.413992,
        "activity_lines": [
          37.139999,
          38.330909,
          42.555238,
          44.550755
        ]
      },
      {
        "date": "2026-01-16",
        "close": 34.650002,
        "volume": 1567252,
        "typical_volume": 5736720.0,
        "trend": 44.579338,
        "fair_value": 28.745954,
        "relative_strength": -40.391835,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -76.330269,
        "energy": 84.089278,
        "activity_lines": [
          36.08,
          37.470909,
          41.410476,
          43.918034
        ]
      },
      {
        "date": "2026-01-23",
        "close": 34.349998,
        "volume": 1140070,
        "typical_volume": 4783004.55,
        "trend": 44.623641,
        "fair_value": 28.88657,
        "relative_strength": -41.133558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.762094,
        "energy": 85.335298,
        "activity_lines": [
          35.246666,
          36.719091,
          40.320238,
          43.258077
        ]
      },
      {
        "date": "2026-01-30",
        "close": 26.549999,
        "volume": 5396054,
        "typical_volume": 3480945.35,
        "trend": 44.442702,
        "fair_value": 28.97846,
        "relative_strength": -53.926916,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -93.560597,
        "energy": 94.776592,
        "activity_lines": [
          32.123333,
          34.695454,
          38.596428,
          42.092036
        ]
      },
      {
        "date": "2026-02-06",
        "close": 33.5,
        "volume": 17379452,
        "typical_volume": 3406235.8,
        "trend": 44.533154,
        "fair_value": 29.113309,
        "relative_strength": -40.524064,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.464362,
        "energy": 80.511372,
        "activity_lines": [
          32.093333,
          34.14,
          37.703333,
          41.386055
        ]
      },
      {
        "date": "2026-02-13",
        "close": 42.049999,
        "volume": 15503297,
        "typical_volume": 3941790.25,
        "trend": 44.888744,
        "fair_value": 29.304239,
        "relative_strength": -28.531199,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.076996,
        "energy": 44.639143,
        "activity_lines": [
          35.149999,
          35.269999,
          37.750714,
          41.225851
        ]
      },
      {
        "date": "2026-02-27",
        "close": 42.799999,
        "volume": 4567630,
        "typical_volume": 3786793.85,
        "trend": 45.131954,
        "fair_value": 29.499977,
        "relative_strength": -30.184852,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.978775,
        "energy": 22.854601,
        "activity_lines": [
          38.009999,
          36.501818,
          37.92119,
          41.091094
        ]
      },
      {
        "date": "2026-03-06",
        "close": 43.349998,
        "volume": 3874486,
        "typical_volume": 3868032.75,
        "trend": 44.936666,
        "fair_value": 29.700195,
        "relative_strength": -24.709527,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -8.077422,
        "energy": 24.044862,
        "activity_lines": [
          40.509999,
          37.774545,
          38.190238,
          40.976129
        ]
      },
      {
        "date": "2026-03-13",
        "close": 38.349998,
        "volume": 4801769,
        "typical_volume": 3855101.05,
        "trend": 44.531666,
        "fair_value": 29.868044,
        "relative_strength": -32.189561,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -7.056522,
        "energy": 23.906642,
        "activity_lines": [
          40.743332,
          38.05909,
          38.019523,
          40.551182
        ]
      },
      {
        "date": "2026-03-20",
        "close": 40.0,
        "volume": 4302550,
        "typical_volume": 3993671.0,
        "trend": 43.915,
        "fair_value": 30.046469,
        "relative_strength": -28.691564,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.414686,
        "energy": 18.83799,
        "activity_lines": [
          40.739999,
          38.640908,
          38.075714,
          40.258817
        ]
      },
      {
        "date": "2026-03-27",
        "close": 42.0,
        "volume": 3897269,
        "typical_volume": 4034930.75,
        "trend": 43.7,
        "fair_value": 30.23867,
        "relative_strength": -23.157733,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.540096,
        "energy": 12.580951,
        "activity_lines": [
          40.969999,
          39.532726,
          38.373809,
          40.135268
        ]
      },
      {
        "date": "2026-04-03",
        "close": 39.0,
        "volume": 1544008,
        "typical_volume": 4020355.15,
        "trend": 43.263333,
        "fair_value": 30.411004,
        "relative_strength": -26.444639,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.500703,
        "energy": 7.846739,
        "activity_lines": [
          40.203333,
          39.758181,
          38.414761,
          39.832043
        ]
      },
      {
        "date": "2026-04-10",
        "close": 38.700001,
        "volume": 1904896,
        "typical_volume": 4036095.95,
        "trend": 42.643333,
        "fair_value": 30.578231,
        "relative_strength": -31.843028,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.847262,
        "energy": 10.046629,
        "activity_lines": [
          39.59,
          39.85,
          38.449047,
          39.537634
        ]
      },
      {
        "date": "2026-04-17",
        "close": 43.349998,
        "volume": 4313091,
        "typical_volume": 4122196.8,
        "trend": 42.021666,
        "fair_value": 30.773993,
        "relative_strength": -25.888339,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.893258,
        "energy": 7.047687,
        "activity_lines": [
          40.836666,
          40.708181,
          38.943809,
          39.583225
        ]
      },
      {
        "date": "2026-04-24",
        "close": 37.200001,
        "volume": 7357912,
        "typical_volume": 4320091.65,
        "trend": 41.261666,
        "fair_value": 30.928741,
        "relative_strength": -39.019557,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -30.190241,
        "energy": 13.856483,
        "activity_lines": [
          39.7,
          40.142727,
          38.826428,
          39.27215
        ]
      },
      {
        "date": "2026-05-01",
        "close": 35.5,
        "volume": 2362089,
        "typical_volume": 4391445.95,
        "trend": 40.681666,
        "fair_value": 31.068771,
        "relative_strength": -41.047373,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.471368,
        "energy": 19.483341,
        "activity_lines": [
          38.183333,
          39.200909,
          38.563809,
          38.90043
        ]
      },
      {
        "date": "2026-05-08",
        "close": 34.200001,
        "volume": 2857283,
        "typical_volume": 4483673.65,
        "trend": 40.071666,
        "fair_value": 31.200786,
        "relative_strength": -46.125325,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.535335,
        "energy": 32.524185,
        "activity_lines": [
          36.666667,
          38.141818,
          38.199524,
          38.482258
        ]
      },
      {
        "date": "2026-05-15",
        "close": 30.25,
        "volume": 2921189,
        "typical_volume": 4584612.5,
        "trend": 39.38,
        "fair_value": 31.300797,
        "relative_strength": -51.127914,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -71.732462,
        "energy": 61.345912,
        "activity_lines": [
          34.153334,
          36.520909,
          37.484524,
          37.848602
        ]
      },
      {
        "date": "2026-05-22",
        "close": 32.349998,
        "volume": 2210116,
        "typical_volume": 4636358.95,
        "trend": 38.691666,
        "fair_value": 31.412677,
        "relative_strength": -48.411336,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.393758,
        "energy": 66.939276,
        "activity_lines": [
          32.903333,
          35.52,
          37.01119,
          37.395053
        ]
      },
      {
        "date": "2026-05-29",
        "close": 30.200001,
        "volume": 3765374,
        "typical_volume": 4763263.9,
        "trend": 38.005,
        "fair_value": 31.51173,
        "relative_strength": -53.881469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.013976,
        "energy": 72.646181,
        "activity_lines": [
          31.67,
          34.237273,
          36.360952,
          36.847204
        ]
      },
      {
        "date": "2026-06-05",
        "close": 30.549999,
        "volume": 2644050,
        "typical_volume": 4715491.85,
        "trend": 37.423333,
        "fair_value": 31.613982,
        "relative_strength": -53.127364,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.310921,
        "energy": 72.640455,
        "activity_lines": [
          31.02,
          33.196363,
          35.776666,
          36.366236
        ]
      },
      {
        "date": "2026-06-12",
        "close": 28.799999,
        "volume": 1378009,
        "typical_volume": 4706029.7,
        "trend": 36.93,
        "fair_value": 31.703106,
        "relative_strength": -54.387859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.32854,
        "energy": 73.001814,
        "activity_lines": [
          30.116666,
          32.045454,
          35.048571,
          35.809892
        ]
      },
      {
        "date": "2026-06-19",
        "close": 29.9,
        "volume": 1323273,
        "typical_volume": 4715189.85,
        "trend": 36.513333,
        "fair_value": 31.798645,
        "relative_strength": -54.513731,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.257364,
        "energy": 67.406506,
        "activity_lines": [
          29.94,
          31.28,
          34.453095,
          35.356344
        ]
      },
      {
        "date": "2026-06-26",
        "close": 39.849998,
        "volume": 21284194,
        "typical_volume": 5509596.85,
        "trend": 36.581666,
        "fair_value": 31.95892,
        "relative_strength": -36.359258,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.603622,
        "energy": 20.048946,
        "activity_lines": [
          33.103332,
          32.483636,
          34.826428,
          35.571612
        ]
      },
      {
        "date": "2026-07-03",
        "close": 51.599998,
        "volume": 21618627,
        "typical_volume": 5721555.6,
        "trend": 36.945,
        "fair_value": 32.196426,
        "relative_strength": -21.097249,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 29.337153,
        "energy": 32.470878,
        "activity_lines": [
          39.683332,
          35.887272,
          36.255476,
          36.540537
        ]
      },
      {
        "date": "2026-07-10",
        "close": 52.299999,
        "volume": 3750091,
        "typical_volume": 5133895.3,
        "trend": 37.349999,
        "fair_value": 32.441284,
        "relative_strength": -17.21045,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 83.137759,
        "energy": 71.476945,
        "activity_lines": [
          45.069999,
          39.156363,
          37.664999,
          37.531182
        ]
      },
      {
        "date": "2026-07-17",
        "close": 45.450001,
        "volume": 4707812,
        "typical_volume": 5140904.4,
        "trend": 37.546666,
        "fair_value": 32.648916,
        "relative_strength": -23.224197,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.78429,
        "energy": 66.853711,
        "activity_lines": [
          46.723333,
          40.874545,
          38.373333,
          38.053763
        ]
      },
      {
        "date": "2026-07-24",
        "close": 40.200001,
        "volume": 12139599,
        "typical_volume": 5554160.05,
        "trend": 37.586666,
        "fair_value": 32.824168,
        "relative_strength": -33.232825,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.490699,
        "energy": 74.234158,
        "activity_lines": [
          45.516667,
          41.433636,
          38.569047,
          38.224946
        ]
      },
      {
        "date": "2026-07-31",
        "close": 36.299999,
        "volume": 4794984,
        "typical_volume": 5553820.8,
        "trend": 37.523333,
        "fair_value": 32.975374,
        "relative_strength": -38.379788,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.843714,
        "energy": 37.067903,
        "activity_lines": [
          42.323333,
          41.102727,
          38.408333,
          38.141935
        ]
      },
      {
        "date": "2026-08-07",
        "close": 40.25,
        "volume": 3690438,
        "typical_volume": 5523215.2,
        "trend": 37.63,
        "fair_value": 33.15572,
        "relative_strength": -32.248836,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 35.358431,
        "energy": 17.570777,
        "activity_lines": [
          40.683333,
          41.418181,
          38.633571,
          38.317849
        ]
      },
      {
        "date": "2026-08-14",
        "close": 44.450001,
        "volume": 3985218,
        "typical_volume": 5527612.65,
        "trend": 37.933333,
        "fair_value": 33.365218,
        "relative_strength": -26.57814,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.015701,
        "energy": 23.647489,
        "activity_lines": [
          41.2,
          42.314545,
          39.257619,
          38.757849
        ]
      }
    ],
    "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."
    }
  }
}