{
  "ticker": {
    "uuid": "bb9be77f-a2e5-4958-82f6-e894d81ae534",
    "symbol": "5425",
    "name": "Taiwan Semiconductor 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": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 6.683,
    "architecture_energy": 21.381,
    "architecture_maturity": 66.768,
    "architecture_confidence": 84.417,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 53.72,
        "rotation_up": 18.44,
        "upward_expansion": 43.6,
        "deceleration": 84.97,
        "rotation_down": 45.37,
        "downward_expansion": 35.27
      },
      "activity_lines": [
        82.203797,
        93.068378,
        93.207824,
        86.092562
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.333333
    },
    "latest_close": 85.5,
    "trend_reference": 77.406649,
    "distance_from_trend": 0.104556,
    "trend_direction": "Improving",
    "fair_value": 63.387611,
    "distance_from_fair_value": 0.348844,
    "fair_value_direction": "Improving",
    "relative_strength": -4.680269,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.442883,
    "excess_performance": 0.001511,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.104556,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.248372,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.348844,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.2153,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.046803,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.05258,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.442883,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.22698,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 41667655,
      "relative_activity": 0.475239,
      "balance": 1.22698,
      "dry_up": 0.477511,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.253449,
      "annualized_volatility": 0.917007,
      "from_high_reference": -0.391785,
      "from_low_reference": 0.918576
    },
    "levels": {
      "trend_reference": 77.406649,
      "fair_value_reference": 63.387611,
      "structural_low": 50.568042,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 13,
        "median_return": -0.011996,
        "positive_rate": 0.461538,
        "directional_follow_through": 0.461538,
        "median_excess_return": -0.063638,
        "regime_survival": 0.615385,
        "best_return": 0.383562,
        "worst_return": -0.130727,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.086464,
        "positive_rate": 0.833333,
        "directional_follow_through": 0.833333,
        "median_excess_return": 0.024759,
        "regime_survival": 0.166667,
        "best_return": 0.683333,
        "worst_return": -0.099668,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.008645,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.023042,
        "regime_survival": 0.333333,
        "best_return": 0.270083,
        "worst_return": -0.073834,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.264787,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.219206,
        "regime_survival": 0.0,
        "best_return": 0.353266,
        "worst_return": 0.176308,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-01-19",
        "end": "2024-02-02",
        "tenure": "New",
        "return": 0.014944,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-02-09",
        "end": "2024-02-16",
        "tenure": "New",
        "return": 0.020962,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-02-23",
        "end": "2024-03-08",
        "tenure": "New",
        "return": -0.07824,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-03-15",
        "end": "2024-06-14",
        "tenure": "Established",
        "return": 0.029216,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-21",
        "end": "2024-07-26",
        "tenure": "Developing",
        "return": -0.125974,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-02",
        "end": "2025-07-11",
        "tenure": "Extended",
        "return": -0.26746,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-18",
        "end": "2025-08-08",
        "tenure": "New",
        "return": 0.015707,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-15",
        "end": "2025-09-12",
        "tenure": "Developing",
        "return": 0.064647,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-19",
        "end": "2025-12-26",
        "tenure": "Established",
        "return": -0.09375,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-02",
        "end": "2026-01-23",
        "tenure": "New",
        "return": 0.27853,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-30",
        "end": "2026-03-06",
        "tenure": "Developing",
        "return": -0.055031,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-13",
        "end": "2026-05-08",
        "tenure": "Developing",
        "return": 0.216667,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": 0.040012,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-08-07",
        "end": "2026-08-14",
        "tenure": "New",
        "return": 0.036364,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 72.867508,
        "volume": 27485000,
        "typical_volume": 39285550.0,
        "trend": 82.787311,
        "fair_value": 61.960928,
        "relative_strength": -13.219497,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -49.471456,
        "energy": 56.04158,
        "activity_lines": [
          78.633142,
          81.264317,
          82.181503,
          83.162867
        ]
      },
      {
        "date": "2023-08-18",
        "close": 72.958366,
        "volume": 29130000,
        "typical_volume": 37248450.0,
        "trend": 82.972416,
        "fair_value": 62.232105,
        "relative_strength": -11.89689,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -72.879215,
        "energy": 73.913935,
        "activity_lines": [
          76.003664,
          79.421644,
          81.196303,
          82.528742
        ]
      },
      {
        "date": "2023-08-25",
        "close": 73.412659,
        "volume": 8908000,
        "typical_volume": 37259800.0,
        "trend": 83.120479,
        "fair_value": 62.494276,
        "relative_strength": -11.740056,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.894989,
        "energy": 76.85918,
        "activity_lines": [
          74.448427,
          77.948035,
          80.337678,
          81.911983
        ]
      },
      {
        "date": "2023-09-01",
        "close": 75.865791,
        "volume": 16116000,
        "typical_volume": 34542550.0,
        "trend": 83.066198,
        "fair_value": 62.788328,
        "relative_strength": -9.38258,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.770929,
        "energy": 73.183794,
        "activity_lines": [
          74.412081,
          77.119587,
          79.795903,
          81.443939
        ]
      },
      {
        "date": "2023-09-08",
        "close": 76.956085,
        "volume": 16084000,
        "typical_volume": 33528950.0,
        "trend": 83.048259,
        "fair_value": 63.093076,
        "relative_strength": -7.341605,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.048348,
        "energy": 59.149168,
        "activity_lines": [
          75.151054,
          76.675537,
          79.42743,
          81.049738
        ]
      },
      {
        "date": "2023-09-15",
        "close": 78.500664,
        "volume": 20284000,
        "typical_volume": 31866550.0,
        "trend": 82.910757,
        "fair_value": 63.398986,
        "relative_strength": -7.127583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.381832,
        "energy": 35.677389,
        "activity_lines": [
          76.513914,
          76.648612,
          79.234714,
          80.756345
        ]
      },
      {
        "date": "2023-09-22",
        "close": 75.502373,
        "volume": 10319000,
        "typical_volume": 31007200.0,
        "trend": 82.7139,
        "fair_value": 63.663165,
        "relative_strength": -7.36559,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.437299,
        "energy": 28.604408,
        "activity_lines": [
          76.501801,
          76.159452,
          78.762423,
          80.278385
        ]
      },
      {
        "date": "2023-09-29",
        "close": 77.682945,
        "volume": 9334000,
        "typical_volume": 30237600.0,
        "trend": 82.566535,
        "fair_value": 63.951916,
        "relative_strength": -4.542557,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.890847,
        "energy": 21.996378,
        "activity_lines": [
          77.046945,
          76.272179,
          78.523857,
          79.953807
        ]
      },
      {
        "date": "2023-10-06",
        "close": 75.68409,
        "volume": 8025000,
        "typical_volume": 29384100.0,
        "trend": 82.088719,
        "fair_value": 64.219114,
        "relative_strength": -7.653794,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.567947,
        "energy": 23.910372,
        "activity_lines": [
          76.641117,
          76.135068,
          78.103551,
          79.509778
        ]
      },
      {
        "date": "2023-10-13",
        "close": 77.137802,
        "volume": 3875000,
        "typical_volume": 28450600.0,
        "trend": 81.572386,
        "fair_value": 64.511521,
        "relative_strength": -7.281219,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.431162,
        "energy": 24.587682,
        "activity_lines": [
          76.731974,
          76.377905,
          77.841911,
          79.190364
        ]
      },
      {
        "date": "2023-10-20",
        "close": 74.23037,
        "volume": 12965000,
        "typical_volume": 27290750.0,
        "trend": 80.799685,
        "fair_value": 64.773108,
        "relative_strength": -8.783574,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.725513,
        "energy": 33.339388,
        "activity_lines": [
          75.841573,
          76.118549,
          77.311281,
          78.716686
        ]
      },
      {
        "date": "2023-10-27",
        "close": 73.866943,
        "volume": 7523000,
        "typical_volume": 25526750.0,
        "trend": 80.246802,
        "fair_value": 65.028128,
        "relative_strength": -7.392779,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.052903,
        "energy": 37.921509,
        "activity_lines": [
          75.114715,
          75.768336,
          76.78022,
          78.269412
        ]
      },
      {
        "date": "2023-11-03",
        "close": 72.867508,
        "volume": 9554000,
        "typical_volume": 21981850.0,
        "trend": 79.646109,
        "fair_value": 65.263235,
        "relative_strength": -10.485321,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.560582,
        "energy": 46.602914,
        "activity_lines": [
          74.163741,
          75.219888,
          76.224674,
          77.793328
        ]
      },
      {
        "date": "2023-11-10",
        "close": 71.595512,
        "volume": 4405000,
        "typical_volume": 20574500.0,
        "trend": 79.017511,
        "fair_value": 65.466618,
        "relative_strength": -12.667702,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.140323,
        "energy": 63.644212,
        "activity_lines": [
          73.109798,
          74.45008,
          75.602736,
          77.273935
        ]
      },
      {
        "date": "2023-11-17",
        "close": 74.77552,
        "volume": 8404000,
        "typical_volume": 19612100.0,
        "trend": 78.744241,
        "fair_value": 65.70813,
        "relative_strength": -11.465833,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.14632,
        "energy": 52.573225,
        "activity_lines": [
          73.388429,
          74.336097,
          75.352748,
          77.000258
        ]
      },
      {
        "date": "2023-11-24",
        "close": 76.865227,
        "volume": 12152000,
        "typical_volume": 18625500.0,
        "trend": 78.647896,
        "fair_value": 65.948206,
        "relative_strength": -9.341941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.774357,
        "energy": 31.667611,
        "activity_lines": [
          74.521114,
          74.641706,
          75.347859,
          76.879032
        ]
      },
      {
        "date": "2023-12-01",
        "close": 79.500084,
        "volume": 24770000,
        "typical_volume": 16986600.0,
        "trend": 78.598792,
        "fair_value": 66.203584,
        "relative_strength": -6.980663,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -16.502578,
        "energy": 10.714986,
        "activity_lines": [
          76.356428,
          75.456116,
          75.623411,
          76.934011
        ]
      },
      {
        "date": "2023-12-08",
        "close": 77.046951,
        "volume": 8030000,
        "typical_volume": 14648000.0,
        "trend": 78.517201,
        "fair_value": 66.429995,
        "relative_strength": -9.39739,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.027651,
        "energy": 16.141213,
        "activity_lines": [
          76.998488,
          75.751817,
          75.700095,
          76.833893
        ]
      },
      {
        "date": "2023-12-15",
        "close": 84.678947,
        "volume": 82144000,
        "typical_volume": 17331250.0,
        "trend": 78.675515,
        "fair_value": 66.670901,
        "relative_strength": -2.083353,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 36.613033,
        "energy": 34.394807,
        "activity_lines": [
          79.905918,
          77.446716,
          76.536413,
          77.231425
        ]
      },
      {
        "date": "2023-12-22",
        "close": 85.950943,
        "volume": 60477000,
        "typical_volume": 18999200.0,
        "trend": 78.913918,
        "fair_value": 66.934261,
        "relative_strength": -0.237116,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 40.545668,
        "energy": 56.824613,
        "activity_lines": [
          82.365117,
          79.209344,
          77.481328,
          77.700807
        ]
      },
      {
        "date": "2023-12-29",
        "close": 83.134377,
        "volume": 44624000,
        "typical_volume": 19856150.0,
        "trend": 78.971461,
        "fair_value": 67.19016,
        "relative_strength": -5.322307,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.404967,
        "energy": 56.899571,
        "activity_lines": [
          83.140432,
          80.299631,
          78.122953,
          77.973095
        ]
      },
      {
        "date": "2024-01-05",
        "close": 75.502373,
        "volume": 27273000,
        "typical_volume": 19763300.0,
        "trend": 78.531075,
        "fair_value": 67.385484,
        "relative_strength": -11.905268,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 17.599916,
        "energy": 36.608157,
        "activity_lines": [
          80.953803,
          79.840389,
          77.98883,
          77.749283
        ]
      },
      {
        "date": "2024-01-12",
        "close": 72.958366,
        "volume": 16776000,
        "typical_volume": 20156700.0,
        "trend": 78.150847,
        "fair_value": 67.527423,
        "relative_strength": -14.661153,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -12.101213,
        "energy": 8.038386,
        "activity_lines": [
          78.185686,
          78.888866,
          77.600307,
          77.389753
        ]
      },
      {
        "date": "2024-01-19",
        "close": 72.958366,
        "volume": 27994554,
        "typical_volume": 20750627.7,
        "trend": 77.712635,
        "fair_value": 67.665654,
        "relative_strength": -15.334995,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.507227,
        "energy": 21.955992,
        "activity_lines": [
          75.690141,
          77.935691,
          77.213947,
          77.054754
        ]
      },
      {
        "date": "2024-01-26",
        "close": 73.321793,
        "volume": 14325000,
        "typical_volume": 20662677.7,
        "trend": 77.341622,
        "fair_value": 67.827402,
        "relative_strength": -16.215741,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -37.76098,
        "energy": 35.024491,
        "activity_lines": [
          74.09711,
          77.023814,
          76.876045,
          76.771474
        ]
      },
      {
        "date": "2024-02-02",
        "close": 74.048653,
        "volume": 8778000,
        "typical_volume": 20087377.7,
        "trend": 77.041223,
        "fair_value": 67.999106,
        "relative_strength": -15.399331,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.811297,
        "energy": 37.785574,
        "activity_lines": [
          73.588309,
          76.270525,
          76.624673,
          76.559024
        ]
      },
      {
        "date": "2024-02-09",
        "close": 73.685219,
        "volume": 1251000,
        "typical_volume": 19633977.7,
        "trend": 76.604047,
        "fair_value": 68.185429,
        "relative_strength": -15.681589,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.027783,
        "energy": 45.023192,
        "activity_lines": [
          73.564079,
          75.502368,
          76.359888,
          76.342508
        ]
      },
      {
        "date": "2024-02-16",
        "close": 75.229805,
        "volume": 5455000,
        "typical_volume": 19440027.7,
        "trend": 76.314028,
        "fair_value": 68.385361,
        "relative_strength": -15.845205,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.804902,
        "energy": 30.202163,
        "activity_lines": [
          74.175854,
          75.120769,
          76.25086,
          76.253847
        ]
      },
      {
        "date": "2024-02-23",
        "close": 74.321236,
        "volume": 12402000,
        "typical_volume": 19658877.7,
        "trend": 76.0566,
        "fair_value": 68.57735,
        "relative_strength": -17.6687,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -21.376761,
        "energy": 16.234181,
        "activity_lines": [
          74.333344,
          74.607014,
          76.066983,
          76.12528
        ]
      },
      {
        "date": "2024-03-01",
        "close": 72.140656,
        "volume": 10597000,
        "typical_volume": 19994977.7,
        "trend": 75.841571,
        "fair_value": 68.72517,
        "relative_strength": -19.813513,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -30.765132,
        "energy": 21.13174,
        "activity_lines": [
          73.673115,
          73.885113,
          75.681922,
          75.872638
        ]
      },
      {
        "date": "2024-03-08",
        "close": 68.506363,
        "volume": 23250000,
        "typical_volume": 20509227.7,
        "trend": 75.6962,
        "fair_value": 68.867173,
        "relative_strength": -26.426677,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -69.768419,
        "energy": 49.099681,
        "activity_lines": [
          71.880198,
          72.753527,
          74.974533,
          75.399399
        ]
      },
      {
        "date": "2024-03-15",
        "close": 68.415512,
        "volume": 9401000,
        "typical_volume": 20603127.7,
        "trend": 75.544771,
        "fair_value": 69.0123,
        "relative_strength": -25.372484,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.168482,
        "energy": 69.888862,
        "activity_lines": [
          70.426484,
          71.871387,
          74.28575,
          74.929677
        ]
      },
      {
        "date": "2024-03-22",
        "close": 70.050934,
        "volume": 5568000,
        "typical_volume": 20403827.7,
        "trend": 75.432714,
        "fair_value": 69.17056,
        "relative_strength": -24.825842,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.01659,
        "energy": 70.618545,
        "activity_lines": [
          69.869224,
          71.415449,
          73.778679,
          74.575236
        ]
      },
      {
        "date": "2024-03-29",
        "close": 67.416069,
        "volume": 3709000,
        "typical_volume": 20369027.7,
        "trend": 75.151056,
        "fair_value": 69.301336,
        "relative_strength": -27.165583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.755637,
        "energy": 80.279112,
        "activity_lines": [
          68.778933,
          70.533306,
          73.034082,
          74.058033
        ]
      },
      {
        "date": "2024-04-05",
        "close": 69.051506,
        "volume": 4920000,
        "typical_volume": 20194827.7,
        "trend": 74.88757,
        "fair_value": 69.431473,
        "relative_strength": -24.813925,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.846188,
        "energy": 76.817446,
        "activity_lines": [
          68.694133,
          70.049284,
          72.465143,
          73.664514
        ]
      },
      {
        "date": "2024-04-12",
        "close": 73.412659,
        "volume": 22016000,
        "typical_volume": 20688027.7,
        "trend": 74.71797,
        "fair_value": 69.59751,
        "relative_strength": -20.882877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.986704,
        "energy": 41.439564,
        "activity_lines": [
          70.268994,
          70.435841,
          72.338808,
          73.569359
        ]
      },
      {
        "date": "2024-04-19",
        "close": 64.599495,
        "volume": 14674000,
        "typical_volume": 20183227.7,
        "trend": 74.354541,
        "fair_value": 69.704935,
        "relative_strength": -25.42478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.132819,
        "energy": 58.559926,
        "activity_lines": [
          68.579047,
          69.231569,
          71.389566,
          72.916554
        ]
      },
      {
        "date": "2024-04-26",
        "close": 63.690922,
        "volume": 9172000,
        "typical_volume": 20240327.7,
        "trend": 73.88814,
        "fair_value": 69.818188,
        "relative_strength": -28.032494,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.511836,
        "energy": 62.681208,
        "activity_lines": [
          66.840643,
          68.027296,
          70.424748,
          72.228578
        ]
      },
      {
        "date": "2024-05-03",
        "close": 65.417221,
        "volume": 5202000,
        "typical_volume": 16393227.7,
        "trend": 73.545911,
        "fair_value": 69.943566,
        "relative_strength": -26.211019,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.422782,
        "energy": 55.91076,
        "activity_lines": [
          66.101673,
          67.346693,
          69.687939,
          71.682067
        ]
      },
      {
        "date": "2024-05-10",
        "close": 65.508072,
        "volume": 4582000,
        "typical_volume": 13598477.7,
        "trend": 73.158253,
        "fair_value": 70.065819,
        "relative_strength": -26.825155,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.124747,
        "energy": 73.719378,
        "activity_lines": [
          65.526244,
          66.8445,
          69.051506,
          71.163497
        ]
      },
      {
        "date": "2024-05-17",
        "close": 67.779503,
        "volume": 8307000,
        "typical_volume": 11782627.7,
        "trend": 72.943224,
        "fair_value": 70.229645,
        "relative_strength": -25.665642,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.364317,
        "energy": 52.544114,
        "activity_lines": [
          65.944187,
          66.875887,
          68.728746,
          70.816481
        ]
      },
      {
        "date": "2024-05-24",
        "close": 68.960648,
        "volume": 4955000,
        "typical_volume": 10666727.7,
        "trend": 72.779681,
        "fair_value": 70.445005,
        "relative_strength": -24.915754,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.496544,
        "energy": 36.630431,
        "activity_lines": [
          67.131389,
          67.135243,
          68.591595,
          70.559541
        ]
      },
      {
        "date": "2024-05-31",
        "close": 71.141228,
        "volume": 16275000,
        "typical_volume": 10641677.7,
        "trend": 72.722139,
        "fair_value": 70.671694,
        "relative_strength": -20.568131,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.323517,
        "energy": 19.08875,
        "activity_lines": [
          68.754707,
          67.781157,
          68.693269,
          70.453834
        ]
      },
      {
        "date": "2024-06-07",
        "close": 72.958366,
        "volume": 15706000,
        "typical_volume": 10027250.0,
        "trend": 72.767567,
        "fair_value": 70.885138,
        "relative_strength": -20.395554,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -6.514666,
        "energy": 18.577385,
        "activity_lines": [
          70.487051,
          68.737635,
          68.976657,
          70.469074
        ]
      },
      {
        "date": "2024-06-14",
        "close": 70.414368,
        "volume": 11741000,
        "typical_volume": 9898050.0,
        "trend": 72.622195,
        "fair_value": 71.078566,
        "relative_strength": -24.773746,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -8.833829,
        "energy": 20.453066,
        "activity_lines": [
          70.868652,
          69.1308,
          69.017759,
          70.317255
        ]
      },
      {
        "date": "2024-06-21",
        "close": 69.960083,
        "volume": 11181000,
        "typical_volume": 10018200.0,
        "trend": 72.392024,
        "fair_value": 71.264315,
        "relative_strength": -26.991407,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.673382,
        "energy": 17.710157,
        "activity_lines": [
          70.771739,
          69.416588,
          69.029441,
          70.145506
        ]
      },
      {
        "date": "2024-06-28",
        "close": 68.869797,
        "volume": 7663000,
        "typical_volume": 10338800.0,
        "trend": 72.037681,
        "fair_value": 71.406529,
        "relative_strength": -26.754691,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.524098,
        "energy": 12.751907,
        "activity_lines": [
          70.166025,
          69.566917,
          68.956756,
          69.918265
        ]
      },
      {
        "date": "2024-07-05",
        "close": 71.141228,
        "volume": 10616000,
        "typical_volume": 10596850.0,
        "trend": 71.840824,
        "fair_value": 71.539468,
        "relative_strength": -25.332132,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.807672,
        "energy": 6.280881,
        "activity_lines": [
          70.323512,
          70.052591,
          69.123328,
          69.86043
        ]
      },
      {
        "date": "2024-07-12",
        "close": 70.959503,
        "volume": 7254000,
        "typical_volume": 10339450.0,
        "trend": 71.383509,
        "fair_value": 71.633107,
        "relative_strength": -25.92108,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.670284,
        "energy": 6.29577,
        "activity_lines": [
          70.420423,
          70.369764,
          69.292062,
          69.80357
        ]
      },
      {
        "date": "2024-07-19",
        "close": 66.053215,
        "volume": 9671000,
        "typical_volume": 10293150.0,
        "trend": 70.720251,
        "fair_value": 71.57665,
        "relative_strength": -27.170704,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.733017,
        "energy": 22.118295,
        "activity_lines": [
          69.015163,
          69.694116,
          69.009539,
          69.45968
        ]
      },
      {
        "date": "2024-07-26",
        "close": 61.146927,
        "volume": 6106000,
        "typical_volume": 9435950.0,
        "trend": 69.987336,
        "fair_value": 71.525819,
        "relative_strength": -29.618414,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -73.705534,
        "energy": 58.076275,
        "activity_lines": [
          66.265217,
          68.116504,
          68.288739,
          68.842047
        ]
      },
      {
        "date": "2024-08-02",
        "close": 58.993206,
        "volume": 9790000,
        "typical_volume": 9455400.0,
        "trend": 69.437031,
        "fair_value": 71.450589,
        "relative_strength": -29.922104,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.831905,
        "energy": 78.729969,
        "activity_lines": [
          63.384908,
          66.267898,
          67.397867,
          68.132748
        ]
      },
      {
        "date": "2024-08-09",
        "close": 55.434887,
        "volume": 13375000,
        "typical_volume": 9845750.0,
        "trend": 68.852915,
        "fair_value": 71.380622,
        "relative_strength": -33.032156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.122521,
        "energy": 85.609701,
        "activity_lines": [
          59.976932,
          63.953552,
          66.212975,
          67.229384
        ]
      },
      {
        "date": "2024-08-16",
        "close": 59.274124,
        "volume": 6307000,
        "typical_volume": 9975650.0,
        "trend": 68.396773,
        "fair_value": 71.31196,
        "relative_strength": -30.591023,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.581781,
        "energy": 79.770443,
        "activity_lines": [
          58.89579,
          62.622818,
          65.463325,
          66.611397
        ]
      },
      {
        "date": "2024-08-23",
        "close": 61.521484,
        "volume": 9405000,
        "typical_volume": 10199900.0,
        "trend": 68.00343,
        "fair_value": 71.317555,
        "relative_strength": -26.718743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.403647,
        "energy": 73.633258,
        "activity_lines": [
          59.342794,
          61.9495,
          64.966481,
          66.16783
        ]
      },
      {
        "date": "2024-08-30",
        "close": 61.521484,
        "volume": 7034000,
        "typical_volume": 9450800.0,
        "trend": 67.585857,
        "fair_value": 71.318384,
        "relative_strength": -26.410356,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.791624,
        "energy": 48.463196,
        "activity_lines": [
          60.091914,
          61.437871,
          64.505494,
          65.74964
        ]
      },
      {
        "date": "2024-09-06",
        "close": 57.869526,
        "volume": 3900000,
        "typical_volume": 8912100.0,
        "trend": 67.058668,
        "fair_value": 71.284182,
        "relative_strength": -27.36612,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.575881,
        "energy": 44.847613,
        "activity_lines": [
          59.598744,
          60.415678,
          63.753326,
          65.12278
        ]
      },
      {
        "date": "2024-09-13",
        "close": 57.869526,
        "volume": 4379000,
        "typical_volume": 8672450.0,
        "trend": 66.479992,
        "fair_value": 71.280232,
        "relative_strength": -27.708689,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.225102,
        "energy": 42.626358,
        "activity_lines": [
          59.180485,
          59.59349,
          63.033206,
          64.529932
        ]
      },
      {
        "date": "2024-09-20",
        "close": 58.337727,
        "volume": 3906000,
        "typical_volume": 8607650.0,
        "trend": 65.947208,
        "fair_value": 71.297651,
        "relative_strength": -27.687515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.477361,
        "energy": 42.689641,
        "activity_lines": [
          58.755985,
          59.097734,
          62.385397,
          64.004625
        ]
      },
      {
        "date": "2024-09-27",
        "close": 61.334206,
        "volume": 15845000,
        "typical_volume": 9170800.0,
        "trend": 65.586993,
        "fair_value": 71.337519,
        "relative_strength": -25.369864,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.086835,
        "energy": 34.209061,
        "activity_lines": [
          59.392737,
          59.376278,
          62.056679,
          63.707012
        ]
      },
      {
        "date": "2024-10-04",
        "close": 57.869526,
        "volume": 3683000,
        "typical_volume": 8939600.0,
        "trend": 65.232432,
        "fair_value": 71.357338,
        "relative_strength": -27.170999,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.45319,
        "energy": 38.004165,
        "activity_lines": [
          58.887081,
          59.110681,
          61.417867,
          63.209111
        ]
      },
      {
        "date": "2024-10-11",
        "close": 57.026764,
        "volume": 5721000,
        "typical_volume": 8977900.0,
        "trend": 64.852807,
        "fair_value": 71.393904,
        "relative_strength": -29.304803,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.447845,
        "energy": 37.953315,
        "activity_lines": [
          58.343968,
          58.751444,
          60.745983,
          62.679713
        ]
      },
      {
        "date": "2024-10-18",
        "close": 57.775887,
        "volume": 5670000,
        "typical_volume": 8447650.0,
        "trend": 64.443639,
        "fair_value": 71.413123,
        "relative_strength": -29.369468,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.349638,
        "energy": 35.675197,
        "activity_lines": [
          58.106747,
          58.564164,
          60.202271,
          62.223137
        ]
      },
      {
        "date": "2024-10-25",
        "close": 61.708767,
        "volume": 17781000,
        "typical_volume": 8551400.0,
        "trend": 64.253395,
        "fair_value": 71.453232,
        "relative_strength": -23.293362,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.922694,
        "energy": 26.260376,
        "activity_lines": [
          59.186729,
          59.04939,
          60.096764,
          62.046694
        ]
      },
      {
        "date": "2024-11-01",
        "close": 60.023243,
        "volume": 5288000,
        "typical_volume": 8228750.0,
        "trend": 63.952453,
        "fair_value": 71.412307,
        "relative_strength": -22.759913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.826575,
        "energy": 21.270083,
        "activity_lines": [
          59.480133,
          59.183891,
          59.8843,
          61.773781
        ]
      },
      {
        "date": "2024-11-08",
        "close": 59.929604,
        "volume": 3977000,
        "typical_volume": 7868550.0,
        "trend": 63.503018,
        "fair_value": 71.357818,
        "relative_strength": -24.672034,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.227558,
        "energy": 16.927925,
        "activity_lines": [
          59.829722,
          59.328607,
          59.7124,
          61.514242
        ]
      },
      {
        "date": "2024-11-15",
        "close": 57.963165,
        "volume": 4038000,
        "typical_volume": 7687300.0,
        "trend": 63.281807,
        "fair_value": 71.253448,
        "relative_strength": -23.765562,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.826746,
        "energy": 18.829067,
        "activity_lines": [
          59.386493,
          59.144732,
          59.400984,
          61.156832
        ]
      },
      {
        "date": "2024-11-22",
        "close": 57.869526,
        "volume": 4263878,
        "typical_volume": 7369693.9,
        "trend": 63.08776,
        "fair_value": 71.177649,
        "relative_strength": -23.581679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.94967,
        "energy": 27.82253,
        "activity_lines": [
          58.849624,
          58.942129,
          59.132587,
          60.807653
        ]
      },
      {
        "date": "2024-11-29",
        "close": 55.622166,
        "volume": 3271000,
        "typical_volume": 7170543.9,
        "trend": 62.761259,
        "fair_value": 71.086904,
        "relative_strength": -23.515182,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.477655,
        "energy": 45.020335,
        "activity_lines": [
          57.557392,
          58.330915,
          58.713353,
          60.326002
        ]
      },
      {
        "date": "2024-12-06",
        "close": 56.933125,
        "volume": 3025000,
        "typical_volume": 6838243.9,
        "trend": 62.475427,
        "fair_value": 71.038597,
        "relative_strength": -23.969217,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.890017,
        "energy": 49.569175,
        "activity_lines": [
          57.10792,
          58.007431,
          58.492008,
          59.949993
        ]
      },
      {
        "date": "2024-12-13",
        "close": 54.030285,
        "volume": 5655000,
        "typical_volume": 6815693.9,
        "trend": 62.01712,
        "fair_value": 70.966279,
        "relative_strength": -26.230246,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.589156,
        "energy": 61.824109,
        "activity_lines": [
          55.896843,
          57.236178,
          58.037631,
          59.405145
        ]
      },
      {
        "date": "2024-12-20",
        "close": 50.752884,
        "volume": 8203000,
        "typical_volume": 6736343.9,
        "trend": 61.410194,
        "fair_value": 70.876733,
        "relative_strength": -27.989669,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.824888,
        "energy": 75.10585,
        "activity_lines": [
          53.986586,
          55.938838,
          57.30501,
          58.67842
        ]
      },
      {
        "date": "2024-12-27",
        "close": 51.595642,
        "volume": 7199000,
        "typical_volume": 6427543.9,
        "trend": 60.758675,
        "fair_value": 70.780165,
        "relative_strength": -28.133276,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.131414,
        "energy": 75.820611,
        "activity_lines": [
          52.837934,
          54.908798,
          56.69189,
          58.045224
        ]
      },
      {
        "date": "2025-01-03",
        "close": 49.254646,
        "volume": 3037000,
        "typical_volume": 6264043.9,
        "trend": 59.968551,
        "fair_value": 70.669671,
        "relative_strength": -29.342406,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.224257,
        "energy": 83.743249,
        "activity_lines": [
          51.32721,
          53.56549,
          55.874101,
          57.303028
        ]
      },
      {
        "date": "2025-01-10",
        "close": 47.288204,
        "volume": 4295000,
        "typical_volume": 6008543.9,
        "trend": 59.197679,
        "fair_value": 70.548193,
        "relative_strength": -31.555479,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.467356,
        "energy": 88.143256,
        "activity_lines": [
          49.585506,
          52.091085,
          54.916744,
          56.484941
        ]
      },
      {
        "date": "2025-01-17",
        "close": 49.161007,
        "volume": 6993000,
        "typical_volume": 6006493.9,
        "trend": 58.504376,
        "fair_value": 70.480316,
        "relative_strength": -28.34445,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.150336,
        "energy": 78.724676,
        "activity_lines": [
          49.111064,
          51.188737,
          54.205526,
          55.837414
        ]
      },
      {
        "date": "2025-01-24",
        "close": 49.629204,
        "volume": 1653000,
        "typical_volume": 5894143.9,
        "trend": 57.863023,
        "fair_value": 70.426784,
        "relative_strength": -27.903066,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.141849,
        "energy": 77.904136,
        "activity_lines": [
          49.117306,
          50.567307,
          53.597757,
          55.264822
        ]
      },
      {
        "date": "2025-02-07",
        "close": 50.471966,
        "volume": 3181152,
        "typical_volume": 5834251.5,
        "trend": 57.174048,
        "fair_value": 70.378655,
        "relative_strength": -25.577559,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.598996,
        "energy": 61.014671,
        "activity_lines": [
          49.479381,
          50.250634,
          53.109492,
          54.78798
        ]
      },
      {
        "date": "2025-02-14",
        "close": 51.502007,
        "volume": 3572209,
        "typical_volume": 5817561.95,
        "trend": 56.525464,
        "fair_value": 70.344152,
        "relative_strength": -22.03159,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.456855,
        "energy": 42.470452,
        "activity_lines": [
          50.259715,
          50.255742,
          52.754552,
          54.422042
        ]
      },
      {
        "date": "2025-02-21",
        "close": 53.281166,
        "volume": 10149800,
        "typical_volume": 5532801.95,
        "trend": 56.099729,
        "fair_value": 70.282698,
        "relative_strength": -20.336262,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.617016,
        "energy": 27.975255,
        "activity_lines": [
          51.483278,
          50.659246,
          52.601606,
          54.212732
        ]
      },
      {
        "date": "2025-02-28",
        "close": 49.629204,
        "volume": 9534984,
        "typical_volume": 5825401.15,
        "trend": 55.715805,
        "fair_value": 70.196214,
        "relative_strength": -22.677127,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.920672,
        "energy": 27.939042,
        "activity_lines": [
          51.089989,
          50.465155,
          52.139203,
          53.795279
        ]
      },
      {
        "date": "2025-03-07",
        "close": 48.130966,
        "volume": 4601381,
        "typical_volume": 5769420.2,
        "trend": 55.353731,
        "fair_value": 70.137941,
        "relative_strength": -22.528849,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.159203,
        "energy": 35.260199,
        "activity_lines": [
          50.166075,
          50.078678,
          51.57335,
          53.305935
        ]
      },
      {
        "date": "2025-03-14",
        "close": 47.756405,
        "volume": 4211697,
        "typical_volume": 5696505.05,
        "trend": 55.097781,
        "fair_value": 70.060519,
        "relative_strength": -20.28642,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.916602,
        "energy": 44.702604,
        "activity_lines": [
          49.217189,
          49.671769,
          51.014185,
          52.815784
        ]
      },
      {
        "date": "2025-03-21",
        "close": 50.19104,
        "volume": 10640166,
        "typical_volume": 5339463.35,
        "trend": 54.795012,
        "fair_value": 70.004107,
        "relative_strength": -16.41515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.024381,
        "energy": 44.01839,
        "activity_lines": [
          49.260886,
          49.777326,
          50.734603,
          52.499221
        ]
      },
      {
        "date": "2025-03-28",
        "close": 46.539082,
        "volume": 9887207,
        "typical_volume": 5569423.7,
        "trend": 54.295598,
        "fair_value": 69.864861,
        "relative_strength": -19.573398,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.895725,
        "energy": 55.752239,
        "activity_lines": [
          48.174661,
          49.201865,
          50.162061,
          51.96658
        ]
      },
      {
        "date": "2025-04-04",
        "close": 45.462223,
        "volume": 4769846,
        "typical_volume": 5609066.0,
        "trend": 53.76029,
        "fair_value": 69.697104,
        "relative_strength": -19.625348,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.59051,
        "energy": 63.336072,
        "activity_lines": [
          47.178956,
          48.444232,
          49.551171,
          51.396685
        ]
      },
      {
        "date": "2025-04-11",
        "close": 37.643284,
        "volume": 11268016,
        "typical_volume": 5970566.8,
        "trend": 53.086082,
        "fair_value": 69.46626,
        "relative_strength": -26.6391,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.01326,
        "energy": 81.369087,
        "activity_lines": [
          43.854736,
          46.332224,
          48.264513,
          50.356878
        ]
      },
      {
        "date": "2025-04-18",
        "close": 38.954243,
        "volume": 5907774,
        "typical_volume": 6052761.6,
        "trend": 52.455572,
        "fair_value": 69.267589,
        "relative_strength": -22.694079,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.746303,
        "energy": 87.799949,
        "activity_lines": [
          41.666682,
          44.676499,
          47.199469,
          49.445146
        ]
      },
      {
        "date": "2025-04-25",
        "close": 42.044365,
        "volume": 4799860,
        "typical_volume": 6129204.6,
        "trend": 51.91246,
        "fair_value": 69.109795,
        "relative_strength": -17.842129,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.043439,
        "energy": 79.862003,
        "activity_lines": [
          41.095478,
          43.792026,
          46.518795,
          48.773456
        ]
      },
      {
        "date": "2025-05-02",
        "close": 43.402142,
        "volume": 3047080,
        "typical_volume": 6130308.6,
        "trend": 51.314725,
        "fair_value": 68.937475,
        "relative_strength": -18.2639,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.20206,
        "energy": 70.341113,
        "activity_lines": [
          41.519979,
          43.32638,
          46.03209,
          48.224403
        ]
      },
      {
        "date": "2025-05-09",
        "close": 42.887123,
        "volume": 3145331,
        "typical_volume": 6004825.15,
        "trend": 50.815311,
        "fair_value": 68.793727,
        "relative_strength": -19.01414,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.105893,
        "energy": 49.999239,
        "activity_lines": [
          41.981937,
          42.946712,
          45.560769,
          47.680687
        ]
      },
      {
        "date": "2025-05-16",
        "close": 44.010803,
        "volume": 3908032,
        "typical_volume": 5790076.75,
        "trend": 50.381446,
        "fair_value": 68.632872,
        "relative_strength": -19.725205,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.562382,
        "energy": 33.253536,
        "activity_lines": [
          42.990127,
          42.893933,
          45.249527,
          47.241686
        ]
      },
      {
        "date": "2025-05-23",
        "close": 44.619465,
        "volume": 2694101,
        "typical_volume": 5564831.8,
        "trend": 49.942898,
        "fair_value": 68.447287,
        "relative_strength": -17.179859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.183742,
        "energy": 25.024495,
        "activity_lines": [
          43.776704,
          43.026732,
          45.028358,
          46.869945
        ]
      },
      {
        "date": "2025-05-30",
        "close": 43.776703,
        "volume": 1630610,
        "typical_volume": 5494512.3,
        "trend": 49.345163,
        "fair_value": 68.274127,
        "relative_strength": -16.84624,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.494469,
        "energy": 22.407101,
        "activity_lines": [
          43.904678,
          43.063337,
          44.760147,
          46.472126
        ]
      },
      {
        "date": "2025-06-06",
        "close": 43.823521,
        "volume": 2087658,
        "typical_volume": 5384145.2,
        "trend": 48.805172,
        "fair_value": 68.129899,
        "relative_strength": -17.097481,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.827005,
        "energy": 19.675796,
        "activity_lines": [
          43.932769,
          43.225078,
          44.522479,
          46.115891
        ]
      },
      {
        "date": "2025-06-13",
        "close": 44.104443,
        "volume": 5158167,
        "typical_volume": 5292403.55,
        "trend": 48.277667,
        "fair_value": 67.947496,
        "relative_strength": -17.250927,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.507214,
        "energy": 18.495924,
        "activity_lines": [
          44.026409,
          43.48727,
          44.328064,
          45.812619
        ]
      },
      {
        "date": "2025-06-20",
        "close": 43.168041,
        "volume": 2594571,
        "typical_volume": 5339482.1,
        "trend": 47.784496,
        "fair_value": 67.746124,
        "relative_strength": -18.144625,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.065156,
        "energy": 21.440501,
        "activity_lines": [
          43.726761,
          43.603894,
          44.068548,
          45.482965
        ]
      },
      {
        "date": "2025-06-27",
        "close": 44.994022,
        "volume": 2676630,
        "typical_volume": 5314256.0,
        "trend": 47.355313,
        "fair_value": 67.58617,
        "relative_strength": -16.015241,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.444314,
        "energy": 16.583462,
        "activity_lines": [
          44.091957,
          43.952065,
          44.013701,
          45.302935
        ]
      },
      {
        "date": "2025-07-04",
        "close": 43.074402,
        "volume": 2742902,
        "typical_volume": 5272790.65,
        "trend": 46.937054,
        "fair_value": 67.417692,
        "relative_strength": -18.771287,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.337577,
        "energy": 19.961531,
        "activity_lines": [
          43.792309,
          43.841399,
          43.802119,
          45.026747
        ]
      },
      {
        "date": "2025-07-11",
        "close": 43.214863,
        "volume": 1738530,
        "typical_volume": 4852227.15,
        "trend": 46.479778,
        "fair_value": 67.348433,
        "relative_strength": -18.488595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.801413,
        "energy": 23.778074,
        "activity_lines": [
          43.586301,
          43.737544,
          43.644046,
          44.786606
        ]
      },
      {
        "date": "2025-07-18",
        "close": 45.509045,
        "volume": 6566543,
        "typical_volume": 4703805.1,
        "trend": 46.195737,
        "fair_value": 67.257146,
        "relative_strength": -15.772297,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.715304,
        "energy": 8.817132,
        "activity_lines": [
          44.185598,
          44.054218,
          43.752401,
          44.723978
        ]
      },
      {
        "date": "2025-07-25",
        "close": 46.445442,
        "volume": 12174525,
        "typical_volume": 5082462.3,
        "trend": 46.052156,
        "fair_value": 67.145931,
        "relative_strength": -13.32068,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.583958,
        "energy": 8.944205,
        "activity_lines": [
          45.003387,
          44.493474,
          43.969557,
          44.740088
        ]
      },
      {
        "date": "2025-08-01",
        "close": 45.540527,
        "volume": 6634221,
        "typical_volume": 5203588.5,
        "trend": 45.850318,
        "fair_value": 67.000284,
        "relative_strength": -14.675878,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.798174,
        "energy": 18.14708,
        "activity_lines": [
          45.301044,
          44.723935,
          44.108556,
          44.707079
        ]
      },
      {
        "date": "2025-08-08",
        "close": 46.223873,
        "volume": 3628822,
        "typical_volume": 4853021.3,
        "trend": 45.749293,
        "fair_value": 66.847781,
        "relative_strength": -14.935377,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.253729,
        "energy": 27.81231,
        "activity_lines": [
          45.79005,
          45.061893,
          44.323188,
          44.73118
        ]
      },
      {
        "date": "2025-08-15",
        "close": 48.322742,
        "volume": 9461333,
        "typical_volume": 4831727.6,
        "trend": 45.783777,
        "fair_value": 66.737723,
        "relative_strength": -11.770237,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 32.964604,
        "energy": 44.905654,
        "activity_lines": [
          46.768714,
          45.73697,
          44.756603,
          44.897209
        ]
      },
      {
        "date": "2025-08-22",
        "close": 47.737015,
        "volume": 13043493,
        "typical_volume": 5245409.95,
        "trend": 45.736311,
        "fair_value": 66.593246,
        "relative_strength": -10.255698,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 36.458422,
        "energy": 44.766239,
        "activity_lines": [
          47.211611,
          46.223748,
          45.125741,
          45.023224
        ]
      },
      {
        "date": "2025-08-29",
        "close": 50.079933,
        "volume": 7346717,
        "typical_volume": 5049345.0,
        "trend": 45.751335,
        "fair_value": 66.430894,
        "relative_strength": -7.105184,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 48.712287,
        "energy": 58.44019,
        "activity_lines": [
          48.286948,
          47.070463,
          45.707182,
          45.303458
        ]
      },
      {
        "date": "2025-09-05",
        "close": 52.618099,
        "volume": 33146955,
        "typical_volume": 6411304.05,
        "trend": 45.822873,
        "fair_value": 66.23575,
        "relative_strength": -2.923214,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 52.839281,
        "energy": 64.034707,
        "activity_lines": [
          49.966042,
          48.252993,
          46.471131,
          45.746475
        ]
      },
      {
        "date": "2025-09-12",
        "close": 51.44664,
        "volume": 10530804,
        "typical_volume": 6697851.25,
        "trend": 45.821027,
        "fair_value": 66.034211,
        "relative_strength": -8.193353,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 68.929838,
        "energy": 70.715838,
        "activity_lines": [
          50.782811,
          49.08391,
          47.058447,
          46.109298
        ]
      },
      {
        "date": "2025-09-19",
        "close": 56.230099,
        "volume": 29882452,
        "typical_volume": 8039619.85,
        "trend": 45.919325,
        "fair_value": 65.88731,
        "relative_strength": 0.340331,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.69753,
        "energy": 81.033193,
        "activity_lines": [
          52.845882,
          50.632325,
          48.056557,
          46.780851
        ]
      },
      {
        "date": "2025-09-26",
        "close": 52.227612,
        "volume": 12043828,
        "typical_volume": 8484544.7,
        "trend": 46.005939,
        "fair_value": 65.749318,
        "relative_strength": -6.323158,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.032547,
        "energy": 68.492417,
        "activity_lines": [
          53.047634,
          51.216374,
          48.612392,
          47.187838
        ]
      },
      {
        "date": "2025-10-03",
        "close": 50.763287,
        "volume": 5519336,
        "typical_volume": 8565109.9,
        "trend": 46.093683,
        "fair_value": 65.595249,
        "relative_strength": -12.355587,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.069138,
        "energy": 46.748484,
        "activity_lines": [
          52.461904,
          51.412027,
          48.98429,
          47.494763
        ]
      },
      {
        "date": "2025-10-10",
        "close": 50.372799,
        "volume": 2597599,
        "typical_volume": 8560284.8,
        "trend": 46.180896,
        "fair_value": 65.455403,
        "relative_strength": -14.181011,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.016582,
        "energy": 39.784599,
        "activity_lines": [
          51.700454,
          51.458175,
          49.286843,
          47.770835
        ]
      },
      {
        "date": "2025-10-17",
        "close": 53.984802,
        "volume": 47951966,
        "typical_volume": 10876352.6,
        "trend": 46.307355,
        "fair_value": 65.381083,
        "relative_strength": -7.605042,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.695209,
        "energy": 34.902488,
        "activity_lines": [
          52.292693,
          52.073192,
          49.906,
          48.274313
        ]
      },
      {
        "date": "2025-10-24",
        "close": 61.404053,
        "volume": 119777595,
        "typical_volume": 16760849.45,
        "trend": 46.802854,
        "fair_value": 65.362127,
        "relative_strength": 4.430975,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.253285,
        "energy": 48.927488,
        "activity_lines": [
          55.188804,
          53.896056,
          51.183142,
          49.248294
        ]
      },
      {
        "date": "2025-10-31",
        "close": 53.691936,
        "volume": 41744304,
        "typical_volume": 18590156.3,
        "trend": 47.077177,
        "fair_value": 65.303771,
        "relative_strength": -10.354343,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.24393,
        "energy": 39.209068,
        "activity_lines": [
          55.169279,
          54.078874,
          51.64208,
          49.69275
        ]
      },
      {
        "date": "2025-11-07",
        "close": 51.153774,
        "volume": 14669545,
        "typical_volume": 19193905.0,
        "trend": 47.527527,
        "fair_value": 65.216878,
        "relative_strength": -12.169699,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.15453,
        "energy": 35.687637,
        "activity_lines": [
          54.206078,
          53.691937,
          51.813634,
          49.955757
        ]
      },
      {
        "date": "2025-11-14",
        "close": 53.984802,
        "volume": 17838470,
        "typical_volume": 19951997.0,
        "trend": 48.028546,
        "fair_value": 65.130293,
        "relative_strength": -5.957039,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.489,
        "energy": 32.705772,
        "activity_lines": [
          54.160521,
          53.800209,
          52.216782,
          50.372355
        ]
      },
      {
        "date": "2025-11-21",
        "close": 56.230099,
        "volume": 45202471,
        "typical_volume": 22074975.45,
        "trend": 48.501404,
        "fair_value": 65.07148,
        "relative_strength": 1.915386,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.958319,
        "energy": 28.284085,
        "activity_lines": [
          54.622597,
          54.291867,
          52.790954,
          50.901488
        ]
      },
      {
        "date": "2025-11-28",
        "close": 57.30394,
        "volume": 48249125,
        "typical_volume": 24400505.2,
        "trend": 48.964797,
        "fair_value": 65.008959,
        "relative_strength": -0.201965,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.696305,
        "energy": 30.241962,
        "activity_lines": [
          55.292932,
          54.891796,
          53.404751,
          51.469393
        ]
      },
      {
        "date": "2025-12-05",
        "close": 55.937237,
        "volume": 14453313,
        "typical_volume": 24794843.7,
        "trend": 49.399801,
        "fair_value": 64.91872,
        "relative_strength": -3.369612,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.096493,
        "energy": 32.698868,
        "activity_lines": [
          55.781041,
          55.22371,
          53.821295,
          51.919228
        ]
      },
      {
        "date": "2025-12-12",
        "close": 53.789558,
        "volume": 12303148,
        "typical_volume": 24801274.85,
        "trend": 49.725759,
        "fair_value": 64.791856,
        "relative_strength": -7.32382,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.766858,
        "energy": 29.746699,
        "activity_lines": [
          55.403571,
          55.097689,
          53.98364,
          52.202438
        ]
      },
      {
        "date": "2025-12-19",
        "close": 50.665665,
        "volume": 8989830,
        "typical_volume": 24919055.3,
        "trend": 49.927299,
        "fair_value": 64.671728,
        "relative_strength": -10.69294,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 27.210289,
        "energy": 15.03869,
        "activity_lines": [
          53.809083,
          54.348665,
          53.813499,
          52.263077
        ]
      },
      {
        "date": "2025-12-26",
        "close": 50.95853,
        "volume": 4328109,
        "typical_volume": 24954019.65,
        "trend": 50.166693,
        "fair_value": 64.557938,
        "relative_strength": -12.494574,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 20.633055,
        "energy": 13.437517,
        "activity_lines": [
          52.533493,
          53.647564,
          53.646845,
          52.329608
        ]
      },
      {
        "date": "2026-01-02",
        "close": 50.470421,
        "volume": 3900421,
        "typical_volume": 24675974.05,
        "trend": 50.388257,
        "fair_value": 64.461647,
        "relative_strength": -15.279598,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.333639,
        "energy": 14.382522,
        "activity_lines": [
          51.446638,
          52.912738,
          53.411159,
          52.349204
        ]
      },
      {
        "date": "2026-01-09",
        "close": 53.203827,
        "volume": 14504260,
        "typical_volume": 24749012.4,
        "trend": 50.691569,
        "fair_value": 64.389011,
        "relative_strength": -13.136527,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.20428,
        "energy": 14.099995,
        "activity_lines": [
          51.726486,
          52.873689,
          53.425569,
          52.530853
        ]
      },
      {
        "date": "2026-01-16",
        "close": 64.137459,
        "volume": 115585022,
        "typical_volume": 30160927.65,
        "trend": 51.39055,
        "fair_value": 64.366391,
        "relative_strength": 0.993601,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 65.130665,
        "energy": 34.393686,
        "activity_lines": [
          55.833106,
          54.831448,
          54.455246,
          53.39833
        ]
      },
      {
        "date": "2026-01-23",
        "close": 64.527946,
        "volume": 98113664,
        "typical_volume": 33409263.1,
        "trend": 52.041681,
        "fair_value": 64.347948,
        "relative_strength": -0.049295,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 70.024845,
        "energy": 66.366035,
        "activity_lines": [
          59.380028,
          56.624138,
          55.455171,
          54.245904
        ]
      },
      {
        "date": "2026-01-30",
        "close": 62.087402,
        "volume": 35197102,
        "typical_volume": 34642578.0,
        "trend": 52.675448,
        "fair_value": 64.303823,
        "relative_strength": -3.977875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.410021,
        "energy": 70.733697,
        "activity_lines": [
          61.189283,
          57.781399,
          56.16595,
          54.894015
        ]
      },
      {
        "date": "2026-02-06",
        "close": 59.256374,
        "volume": 14923222,
        "typical_volume": 33894616.5,
        "trend": 53.210165,
        "fair_value": 64.186914,
        "relative_strength": -7.294243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.691909,
        "energy": 69.500612,
        "activity_lines": [
          61.312937,
          58.31743,
          56.556436,
          55.318591
        ]
      },
      {
        "date": "2026-02-13",
        "close": 57.401562,
        "volume": 6191241,
        "typical_volume": 33601987.15,
        "trend": 53.606582,
        "fair_value": 64.058115,
        "relative_strength": -14.64563,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.458085,
        "energy": 57.709339,
        "activity_lines": [
          60.232591,
          58.480725,
          56.755864,
          55.589004
        ]
      },
      {
        "date": "2026-02-27",
        "close": 60.525455,
        "volume": 10370058,
        "typical_volume": 33844523.25,
        "trend": 54.075916,
        "fair_value": 63.916446,
        "relative_strength": -14.154817,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.464647,
        "energy": 36.120354,
        "activity_lines": [
          59.913693,
          59.185376,
          57.228167,
          56.035383
        ]
      },
      {
        "date": "2026-03-06",
        "close": 58.670643,
        "volume": 12246454,
        "typical_volume": 34326966.0,
        "trend": 54.513586,
        "fair_value": 63.770694,
        "relative_strength": -11.944678,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.093475,
        "energy": 22.653951,
        "activity_lines": [
          59.217325,
          59.430318,
          57.477334,
          56.331817
        ]
      },
      {
        "date": "2026-03-13",
        "close": 58.573021,
        "volume": 19294804,
        "typical_volume": 32894107.9,
        "trend": 54.925224,
        "fair_value": 63.619855,
        "relative_strength": -11.241251,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.646528,
        "energy": 19.015639,
        "activity_lines": [
          58.878903,
          59.511965,
          57.677691,
          56.593716
        ]
      },
      {
        "date": "2026-03-20",
        "close": 56.718208,
        "volume": 23111816,
        "typical_volume": 28060818.95,
        "trend": 55.205073,
        "fair_value": 63.406391,
        "relative_strength": -14.015519,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.224673,
        "energy": 16.238769,
        "activity_lines": [
          58.156502,
          59.117928,
          57.679551,
          56.709392
        ]
      },
      {
        "date": "2026-03-27",
        "close": 56.327724,
        "volume": 28950866,
        "typical_volume": 27421147.05,
        "trend": 55.49143,
        "fair_value": 63.173698,
        "relative_strength": -13.019913,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.357347,
        "energy": 14.188963,
        "activity_lines": [
          57.47315,
          58.539298,
          57.666534,
          56.781821
        ]
      },
      {
        "date": "2026-04-03",
        "close": 52.032368,
        "volume": 11286156,
        "typical_volume": 27251977.6,
        "trend": 55.556511,
        "fair_value": 62.882807,
        "relative_strength": -17.870572,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.821243,
        "energy": 16.247391,
        "activity_lines": [
          55.429603,
          57.122896,
          57.231885,
          56.558656
        ]
      },
      {
        "date": "2026-04-10",
        "close": 55.058643,
        "volume": 22380689,
        "typical_volume": 27479088.55,
        "trend": 55.637863,
        "fair_value": 62.655917,
        "relative_strength": -19.6147,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -9.513177,
        "energy": 14.373415,
        "activity_lines": [
          54.96102,
          56.476818,
          57.081269,
          56.526535
        ]
      },
      {
        "date": "2026-04-17",
        "close": 64.137459,
        "volume": 34099339,
        "typical_volume": 26923931.95,
        "trend": 56.06089,
        "fair_value": 62.484437,
        "relative_strength": -9.721335,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.416011,
        "energy": 17.946962,
        "activity_lines": [
          57.759508,
          57.653603,
          57.790189,
          57.074896
        ]
      },
      {
        "date": "2026-04-24",
        "close": 56.81583,
        "volume": 40262084,
        "typical_volume": 26524579.9,
        "trend": 56.080415,
        "fair_value": 62.268812,
        "relative_strength": -23.982604,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.43175,
        "energy": 9.48994,
        "activity_lines": [
          57.746492,
          57.461909,
          57.764156,
          57.123602
        ]
      },
      {
        "date": "2026-05-01",
        "close": 61.306427,
        "volume": 46348721,
        "typical_volume": 28119350.3,
        "trend": 56.383042,
        "fair_value": 62.129919,
        "relative_strength": -17.515385,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.182427,
        "energy": 23.560682,
        "activity_lines": [
          59.223832,
          58.131061,
          58.168124,
          57.460764
        ]
      },
      {
        "date": "2026-05-08",
        "close": 71.26384,
        "volume": 79976139,
        "typical_volume": 31502999.85,
        "trend": 57.066393,
        "fair_value": 62.075485,
        "relative_strength": -9.94833,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 73.451457,
        "energy": 62.940248,
        "activity_lines": [
          63.688397,
          60.539655,
          59.494849,
          58.420816
        ]
      },
      {
        "date": "2026-05-15",
        "close": 70.287628,
        "volume": 143408767,
        "typical_volume": 38223946.7,
        "trend": 57.730221,
        "fair_value": 62.006988,
        "relative_strength": -9.938226,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.189664,
        "energy": 67.253085,
        "activity_lines": [
          66.54546,
          62.575511,
          60.645391,
          59.273798
        ]
      },
      {
        "date": "2026-05-22",
        "close": 85.028503,
        "volume": 200901924,
        "typical_volume": 48052637.45,
        "trend": 58.765011,
        "fair_value": 62.042461,
        "relative_strength": 6.129083,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.105571,
        "energy": 82.407742,
        "activity_lines": [
          73.300882,
          67.080309,
          63.106387,
          61.034978
        ]
      },
      {
        "date": "2026-05-29",
        "close": 113.729286,
        "volume": 268763076,
        "typical_volume": 61295770.2,
        "trend": 60.509186,
        "fair_value": 62.259126,
        "relative_strength": 33.47777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.169394,
        "energy": 94.440525,
        "activity_lines": [
          88.230496,
          76.322422,
          68.138554,
          64.58106
        ]
      },
      {
        "date": "2026-06-05",
        "close": 98.597923,
        "volume": 157533815,
        "typical_volume": 68447247.95,
        "trend": 62.006052,
        "fair_value": 62.386043,
        "relative_strength": 14.692561,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.079595,
        "energy": 90.193665,
        "activity_lines": [
          94.322091,
          81.776814,
          71.428406,
          67.038398
        ]
      },
      {
        "date": "2026-06-12",
        "close": 98.597923,
        "volume": 96273991,
        "typical_volume": 67481696.4,
        "trend": 63.587523,
        "fair_value": 62.496235,
        "relative_strength": 16.788291,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.210071,
        "energy": 87.673168,
        "activity_lines": [
          97.927587,
          86.462656,
          74.502095,
          69.399164
        ]
      },
      {
        "date": "2026-06-19",
        "close": 115.681717,
        "volume": 115931197,
        "typical_volume": 68372573.05,
        "trend": 65.644087,
        "fair_value": 62.669105,
        "relative_strength": 29.611641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.842776,
        "energy": 92.80148,
        "activity_lines": [
          105.405408,
          93.407996,
          79.038715,
          72.76008
        ]
      },
      {
        "date": "2026-06-26",
        "close": 111.776848,
        "volume": 212833396,
        "typical_volume": 77254387.75,
        "trend": 67.495646,
        "fair_value": 62.84482,
        "relative_strength": 29.842147,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.91288,
        "energy": 67.999729,
        "activity_lines": [
          108.555334,
          98.541122,
          82.959853,
          75.736387
        ]
      },
      {
        "date": "2026-07-03",
        "close": 127.88443,
        "volume": 33942418,
        "typical_volume": 78205347.55,
        "trend": 69.848329,
        "fair_value": 63.112639,
        "relative_strength": 40.502026,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.010862,
        "energy": 69.584122,
        "activity_lines": [
          115.291231,
          105.736729,
          88.17843,
          79.632437
        ]
      },
      {
        "date": "2026-07-10",
        "close": 127.396324,
        "volume": 43947373,
        "typical_volume": 80093154.15,
        "trend": 72.230298,
        "fair_value": 63.387922,
        "relative_strength": 43.095679,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.63388,
        "energy": 67.367422,
        "activity_lines": [
          120.920749,
          111.551433,
          93.023721,
          83.345211
        ]
      },
      {
        "date": "2026-07-17",
        "close": 90.300072,
        "volume": 78190083,
        "typical_volume": 83484155.4,
        "trend": 73.447315,
        "fair_value": 63.434329,
        "relative_strength": 7.577765,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.694849,
        "energy": 50.113569,
        "activity_lines": [
          112.264957,
          109.419729,
          94.002727,
          84.511003
        ]
      },
      {
        "date": "2026-07-24",
        "close": 82.978447,
        "volume": 46294058,
        "typical_volume": 85186535.6,
        "trend": 74.524408,
        "fair_value": 63.409828,
        "relative_strength": -3.32907,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.06839,
        "energy": 31.212271,
        "activity_lines": [
          101.721814,
          105.610708,
          94.142651,
          85.125915
        ]
      },
      {
        "date": "2026-07-31",
        "close": 73.099998,
        "volume": 35751132,
        "typical_volume": 86009352.0,
        "trend": 75.262457,
        "fair_value": 63.340403,
        "relative_strength": -13.53333,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 16.721942,
        "energy": 19.345268,
        "activity_lines": [
          90.066071,
          99.774862,
          93.22602,
          85.034018
        ]
      },
      {
        "date": "2026-08-07",
        "close": 82.5,
        "volume": 43754908,
        "typical_volume": 87041506.6,
        "trend": 76.33011,
        "fair_value": 63.343325,
        "relative_strength": -4.782509,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.989607,
        "energy": 26.252472,
        "activity_lines": [
          84.12212,
          95.86499,
          93.13545,
          85.500956
        ]
      },
      {
        "date": "2026-08-14",
        "close": 85.5,
        "volume": 41667655,
        "typical_volume": 87677346.05,
        "trend": 77.406649,
        "fair_value": 63.387611,
        "relative_strength": -4.680269,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.683088,
        "energy": 21.38068,
        "activity_lines": [
          82.203797,
          93.068378,
          93.207824,
          86.092562
        ]
      }
    ],
    "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."
    }
  }
}