{
  "ticker": {
    "uuid": "bdb2bda2-5142-488a-af6b-1565c332d1f3",
    "symbol": "S2UI34",
    "name": "Sun Communities, Inc.",
    "exchange": "SAO",
    "country": "BR",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^BVSP",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4c",
    "phase_label": "Stage 4C \u00b7 Repair watch",
    "transition": "stage_4_to_1_watch",
    "transition_label": "Stage 4 \u2192 1 repair watch",
    "confidence": 84.961,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -53.254,
    "architecture_energy": 29.718,
    "architecture_maturity": 50.098,
    "architecture_confidence": 83.166,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 33.7,
        "rotation_up": 23.86,
        "upward_expansion": 3.16,
        "deceleration": 56.93,
        "rotation_down": 41.58,
        "downward_expansion": 74.16
      },
      "activity_lines": [
        30.937333,
        31.025544,
        31.19519,
        31.695763
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.5
    },
    "latest_close": 30.709999,
    "trend_reference": 32.309346,
    "distance_from_trend": -0.049501,
    "trend_direction": "Weakening",
    "fair_value": 32.776309,
    "distance_from_fair_value": -0.063043,
    "fair_value_direction": "Improving",
    "relative_strength": -10.445873,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.039406,
    "excess_performance": 0.017643,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.049501,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.022076,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.063043,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.000738,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.104459,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.126431,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.039406,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.792952,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 165,
      "relative_activity": 0.444444,
      "balance": 0.792952,
      "dry_up": 0.782492,
      "accumulation_observations": 3,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.042695,
      "annualized_volatility": 0.21739,
      "from_high_reference": -0.152928,
      "from_low_reference": 0.029872
    },
    "levels": {
      "trend_reference": 32.309346,
      "fair_value_reference": 32.776309,
      "structural_low": 29.819239,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 20,
        "median_return": -0.000558,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.007023,
        "regime_survival": 0.8,
        "best_return": 0.176362,
        "worst_return": -0.094472,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.003342,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.047403,
        "regime_survival": 0.625,
        "best_return": 0.182595,
        "worst_return": -0.080519,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.026245,
        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.096709,
        "regime_survival": 0.6,
        "best_return": 0.081465,
        "worst_return": -0.136767,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.050141,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.188017,
        "regime_survival": 0.666667,
        "best_return": 0.405372,
        "worst_return": -0.155163,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-02-09",
        "end": "2024-05-03",
        "tenure": "Established",
        "return": -0.007698,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-05-10",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.023502,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-24",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": 0.068392,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-07-12",
        "end": "2024-07-19",
        "tenure": "New",
        "return": 0.049866,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-26",
        "end": "2024-10-11",
        "tenure": "Developing",
        "return": 0.039593,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-18",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": -0.025206,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-13",
        "end": "2025-05-16",
        "tenure": "Established",
        "return": -0.038629,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-23",
        "end": "2025-08-29",
        "tenure": "Established",
        "return": 0.016489,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-05",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": -0.039677,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-31",
        "end": "2025-11-28",
        "tenure": "Developing",
        "return": 0.004427,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-05",
        "end": "2026-03-13",
        "tenure": "Established",
        "return": 0.061568,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-03-20",
        "end": "2026-04-03",
        "tenure": "New",
        "return": -0.026416,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-10",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.00433,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.025955,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 28.249792,
        "volume": 685,
        "typical_volume": 6324.3,
        "trend": 31.898685,
        "fair_value": 38.730924,
        "relative_strength": -17.706731,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.344335,
        "energy": 42.342392,
        "activity_lines": [
          28.984176,
          29.392353,
          29.809046,
          30.546067
        ]
      },
      {
        "date": "2023-08-25",
        "close": 28.560226,
        "volume": 630,
        "typical_volume": 6294.7,
        "trend": 31.665887,
        "fair_value": 38.649558,
        "relative_strength": -16.651742,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.509275,
        "energy": 45.875833,
        "activity_lines": [
          28.715758,
          29.213042,
          29.636769,
          30.330682
        ]
      },
      {
        "date": "2023-09-01",
        "close": 28.466152,
        "volume": 82763,
        "typical_volume": 9482.8,
        "trend": 31.348741,
        "fair_value": 38.568737,
        "relative_strength": -17.91667,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.034788,
        "energy": 41.801179,
        "activity_lines": [
          28.577785,
          29.054701,
          29.477235,
          30.124248
        ]
      },
      {
        "date": "2023-09-08",
        "close": 27.892313,
        "volume": 2158,
        "typical_volume": 9406.45,
        "trend": 31.017717,
        "fair_value": 38.484671,
        "relative_strength": -17.267004,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.352097,
        "energy": 51.649071,
        "activity_lines": [
          28.304976,
          28.78651,
          29.275913,
          29.901252
        ]
      },
      {
        "date": "2023-09-15",
        "close": 28.927107,
        "volume": 18950,
        "typical_volume": 10074.0,
        "trend": 30.724275,
        "fair_value": 38.410003,
        "relative_strength": -16.17085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.968927,
        "energy": 35.150276,
        "activity_lines": [
          28.464899,
          28.729725,
          29.19585,
          29.766374
        ]
      },
      {
        "date": "2023-09-22",
        "close": 28.50378,
        "volume": 15601,
        "typical_volume": 10835.75,
        "trend": 30.504415,
        "fair_value": 38.33321,
        "relative_strength": -15.055986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.944151,
        "energy": 32.875415,
        "activity_lines": [
          28.49312,
          28.616497,
          29.091116,
          29.623117
        ]
      },
      {
        "date": "2023-09-29",
        "close": 28.261452,
        "volume": 4196,
        "typical_volume": 11023.95,
        "trend": 30.282963,
        "fair_value": 38.255735,
        "relative_strength": -15.822296,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.750626,
        "energy": 32.535416,
        "activity_lines": [
          28.423632,
          28.497179,
          28.976876,
          29.478409
        ]
      },
      {
        "date": "2023-10-06",
        "close": 29.028345,
        "volume": 1952,
        "typical_volume": 11077.15,
        "trend": 30.163653,
        "fair_value": 38.185297,
        "relative_strength": -11.669416,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.284695,
        "energy": 20.905078,
        "activity_lines": [
          28.629693,
          28.566858,
          28.948535,
          29.397466
        ]
      },
      {
        "date": "2023-10-13",
        "close": 25.260153,
        "volume": 14792,
        "typical_volume": 11680.05,
        "trend": 29.911326,
        "fair_value": 38.087379,
        "relative_strength": -23.940721,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.297079,
        "energy": 49.443032,
        "activity_lines": [
          27.542211,
          27.956582,
          28.566529,
          29.081111
        ]
      },
      {
        "date": "2023-10-20",
        "close": 25.364298,
        "volume": 884,
        "typical_volume": 11649.85,
        "trend": 29.686864,
        "fair_value": 37.991717,
        "relative_strength": -21.81715,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.948917,
        "energy": 68.052513,
        "activity_lines": [
          26.664921,
          27.437045,
          28.216439,
          28.787755
        ]
      },
      {
        "date": "2023-10-27",
        "close": 25.591526,
        "volume": 30099,
        "typical_volume": 13090.4,
        "trend": 29.441273,
        "fair_value": 37.899178,
        "relative_strength": -20.901359,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.004543,
        "energy": 73.695735,
        "activity_lines": [
          26.100895,
          27.026165,
          27.912248,
          28.523539
        ]
      },
      {
        "date": "2023-11-03",
        "close": 28.043692,
        "volume": 2227,
        "typical_volume": 13169.05,
        "trend": 29.272133,
        "fair_value": 37.826175,
        "relative_strength": -16.811161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.918953,
        "energy": 63.530549,
        "activity_lines": [
          26.548407,
          27.109467,
          27.862505,
          28.433373
        ]
      },
      {
        "date": "2023-11-10",
        "close": 26.727661,
        "volume": 1588,
        "typical_volume": 13226.65,
        "trend": 29.124135,
        "fair_value": 37.744568,
        "relative_strength": -21.858922,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.484417,
        "energy": 42.792444,
        "activity_lines": [
          26.57176,
          26.962881,
          27.699858,
          28.269213
        ]
      },
      {
        "date": "2023-11-17",
        "close": 28.545483,
        "volume": 4328,
        "typical_volume": 12450.2,
        "trend": 28.986963,
        "fair_value": 37.677421,
        "relative_strength": -18.994253,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.053179,
        "energy": 18.677686,
        "activity_lines": [
          27.354432,
          27.178417,
          27.717171,
          28.231881
        ]
      },
      {
        "date": "2023-11-24",
        "close": 28.91473,
        "volume": 4197,
        "typical_volume": 12598.8,
        "trend": 28.87703,
        "fair_value": 37.613924,
        "relative_strength": -17.707795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -17.615927,
        "energy": 16.852779,
        "activity_lines": [
          28.041165,
          27.449214,
          27.772633,
          28.227221
        ]
      },
      {
        "date": "2023-12-01",
        "close": 30.533731,
        "volume": 1662,
        "typical_volume": 12492.05,
        "trend": 28.849681,
        "fair_value": 37.562987,
        "relative_strength": -14.386015,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 29.40222,
        "energy": 27.874165,
        "activity_lines": [
          29.030869,
          28.014599,
          27.987719,
          28.334105
        ]
      },
      {
        "date": "2023-12-08",
        "close": 29.56801,
        "volume": 15090,
        "typical_volume": 12966.4,
        "trend": 28.803205,
        "fair_value": 37.50588,
        "relative_strength": -15.91267,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.788661,
        "energy": 31.949286,
        "activity_lines": [
          29.369186,
          28.36749,
          28.11111,
          28.380449
        ]
      },
      {
        "date": "2023-12-15",
        "close": 31.187004,
        "volume": 16506,
        "typical_volume": 13734.1,
        "trend": 28.838691,
        "fair_value": 37.461065,
        "relative_strength": -12.847827,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.590758,
        "energy": 56.474516,
        "activity_lines": [
          30.145546,
          28.990989,
          28.39545,
          28.534242
        ]
      },
      {
        "date": "2023-12-22",
        "close": 30.439049,
        "volume": 191,
        "typical_volume": 10944.4,
        "trend": 28.857332,
        "fair_value": 37.411614,
        "relative_strength": -16.136271,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 28.034861,
        "energy": 54.389313,
        "activity_lines": [
          30.375299,
          29.439247,
          28.599631,
          28.637491
        ]
      },
      {
        "date": "2023-12-29",
        "close": 30.829336,
        "volume": 1101,
        "typical_volume": 10980.0,
        "trend": 28.869697,
        "fair_value": 37.365584,
        "relative_strength": -15.427541,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.910785,
        "energy": 51.723949,
        "activity_lines": [
          30.608909,
          29.864305,
          28.835126,
          28.764717
        ]
      },
      {
        "date": "2024-01-05",
        "close": 30.85788,
        "volume": 1131,
        "typical_volume": 11002.3,
        "trend": 28.898877,
        "fair_value": 37.320392,
        "relative_strength": -13.429965,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 36.310297,
        "energy": 42.769117,
        "activity_lines": [
          30.724394,
          30.195188,
          29.064953,
          28.892987
        ]
      },
      {
        "date": "2024-01-12",
        "close": 31.162365,
        "volume": 880,
        "typical_volume": 11014.8,
        "trend": 28.915811,
        "fair_value": 37.277923,
        "relative_strength": -11.374358,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 63.460209,
        "energy": 42.985211,
        "activity_lines": [
          30.919764,
          30.48568,
          29.31136,
          29.039018
        ]
      },
      {
        "date": "2024-01-19",
        "close": 30.600967,
        "volume": 15581,
        "typical_volume": 7655.7,
        "trend": 28.997083,
        "fair_value": 37.23219,
        "relative_strength": -10.196358,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.884746,
        "energy": 36.498367,
        "activity_lines": [
          30.82171,
          30.617397,
          29.491909,
          29.147738
        ]
      },
      {
        "date": "2024-01-26",
        "close": 29.202229,
        "volume": 592,
        "typical_volume": 7577.4,
        "trend": 28.998101,
        "fair_value": 37.177565,
        "relative_strength": -14.635234,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.942958,
        "energy": 24.223852,
        "activity_lines": [
          30.29648,
          30.424374,
          29.529079,
          29.160973
        ]
      },
      {
        "date": "2024-02-02",
        "close": 29.915873,
        "volume": 1807,
        "typical_volume": 6720.25,
        "trend": 28.993431,
        "fair_value": 37.128499,
        "relative_strength": -10.577046,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.467371,
        "energy": 18.734234,
        "activity_lines": [
          30.091586,
          30.349164,
          29.627977,
          29.220184
        ]
      },
      {
        "date": "2024-02-09",
        "close": 28.888224,
        "volume": 2691,
        "typical_volume": 6074.75,
        "trend": 28.936633,
        "fair_value": 37.073195,
        "relative_strength": -13.432797,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.240056,
        "energy": 16.39961,
        "activity_lines": [
          29.60504,
          30.068905,
          29.624296,
          29.213397
        ]
      },
      {
        "date": "2024-02-16",
        "close": 31.019636,
        "volume": 3110,
        "typical_volume": 6020.45,
        "trend": 28.937712,
        "fair_value": 37.032838,
        "relative_strength": -6.834891,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 39.219998,
        "energy": 19.392787,
        "activity_lines": [
          29.960275,
          30.206095,
          29.821775,
          29.347784
        ]
      },
      {
        "date": "2024-02-23",
        "close": 31.495399,
        "volume": 15649,
        "typical_volume": 6705.3,
        "trend": 29.010465,
        "fair_value": 36.996167,
        "relative_strength": -5.291677,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.670885,
        "energy": 25.679287,
        "activity_lines": [
          30.483612,
          30.403394,
          30.051431,
          29.512796
        ]
      },
      {
        "date": "2024-03-01",
        "close": 30.953033,
        "volume": 4240,
        "typical_volume": 6177.7,
        "trend": 29.068589,
        "fair_value": 36.956409,
        "relative_strength": -6.072417,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.806153,
        "energy": 25.992325,
        "activity_lines": [
          30.766533,
          30.496473,
          30.217686,
          29.638123
        ]
      },
      {
        "date": "2024-03-08",
        "close": 31.65716,
        "volume": 14139,
        "typical_volume": 6840.45,
        "trend": 29.154887,
        "fair_value": 36.921773,
        "relative_strength": -1.856293,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 55.438885,
        "energy": 42.273579,
        "activity_lines": [
          31.167442,
          30.70823,
          30.423891,
          29.805128
        ]
      },
      {
        "date": "2024-03-15",
        "close": 31.171883,
        "volume": 63950,
        "typical_volume": 8533.0,
        "trend": 29.25229,
        "fair_value": 36.884437,
        "relative_strength": -2.54901,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.454556,
        "energy": 40.471265,
        "activity_lines": [
          31.290506,
          30.816704,
          30.553913,
          29.935257
        ]
      },
      {
        "date": "2024-03-22",
        "close": 30.639029,
        "volume": 1744,
        "typical_volume": 8508.85,
        "trend": 29.321583,
        "fair_value": 36.844144,
        "relative_strength": -3.817172,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.202136,
        "energy": 29.572334,
        "activity_lines": [
          31.083708,
          30.822587,
          30.606614,
          30.024724
        ]
      },
      {
        "date": "2024-03-29",
        "close": 30.866486,
        "volume": 314,
        "typical_volume": 8445.15,
        "trend": 29.401594,
        "fair_value": 36.805825,
        "relative_strength": -3.307092,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.538987,
        "energy": 24.646242,
        "activity_lines": [
          30.978103,
          30.87934,
          30.668619,
          30.124395
        ]
      },
      {
        "date": "2024-04-05",
        "close": 29.85228,
        "volume": 654,
        "typical_volume": 8261.45,
        "trend": 29.466927,
        "fair_value": 36.749677,
        "relative_strength": -4.833971,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.266105,
        "energy": 11.977108,
        "activity_lines": [
          30.576357,
          30.746864,
          30.614324,
          30.153471
        ]
      },
      {
        "date": "2024-04-12",
        "close": 29.574804,
        "volume": 1298,
        "typical_volume": 8116.5,
        "trend": 29.488517,
        "fair_value": 36.685966,
        "relative_strength": -4.649835,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.574115,
        "energy": 11.770278,
        "activity_lines": [
          30.155503,
          30.55212,
          30.527381,
          30.160431
        ]
      },
      {
        "date": "2024-04-19",
        "close": 29.278194,
        "volume": 328,
        "typical_volume": 8049.8,
        "trend": 29.51433,
        "fair_value": 36.621843,
        "relative_strength": -4.396625,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 3.14133,
        "energy": 10.418179,
        "activity_lines": [
          29.774602,
          30.309647,
          30.409045,
          30.146862
        ]
      },
      {
        "date": "2024-04-26",
        "close": 29.019859,
        "volume": 161,
        "typical_volume": 7303.35,
        "trend": 29.539611,
        "fair_value": 36.556063,
        "relative_strength": -5.704153,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.954824,
        "energy": 21.518806,
        "activity_lines": [
          29.433835,
          30.013114,
          30.272085,
          30.11496
        ]
      },
      {
        "date": "2024-05-03",
        "close": 28.66584,
        "volume": 5383,
        "typical_volume": 6747.2,
        "trend": 29.527527,
        "fair_value": 36.489389,
        "relative_strength": -7.743823,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.781137,
        "energy": 35.255886,
        "activity_lines": [
          29.083007,
          29.688573,
          30.104018,
          30.058588
        ]
      },
      {
        "date": "2024-05-10",
        "close": 28.905041,
        "volume": 543,
        "typical_volume": 6764.8,
        "trend": 29.649023,
        "fair_value": 36.425394,
        "relative_strength": -5.870083,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.31406,
        "energy": 41.248809,
        "activity_lines": [
          28.958622,
          29.458971,
          29.970739,
          30.018428
        ]
      },
      {
        "date": "2024-05-17",
        "close": 29.58437,
        "volume": 593,
        "typical_volume": 6739.4,
        "trend": 29.789692,
        "fair_value": 36.362718,
        "relative_strength": -3.755643,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.541348,
        "energy": 30.656414,
        "activity_lines": [
          29.12383,
          29.390118,
          29.909462,
          30.014257
        ]
      },
      {
        "date": "2024-05-24",
        "close": 29.278194,
        "volume": 4533,
        "typical_volume": 6909.5,
        "trend": 29.912581,
        "fair_value": 36.300026,
        "relative_strength": -1.538035,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -23.703319,
        "energy": 20.489374,
        "activity_lines": [
          29.186341,
          29.303285,
          29.824954,
          29.981257
        ]
      },
      {
        "date": "2024-05-31",
        "close": 29.50783,
        "volume": 942,
        "typical_volume": 6912.6,
        "trend": 29.961386,
        "fair_value": 36.242357,
        "relative_strength": 1.264262,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.42574,
        "energy": 20.098182,
        "activity_lines": [
          29.325397,
          29.292634,
          29.769839,
          29.955144
        ]
      },
      {
        "date": "2024-06-07",
        "close": 29.546099,
        "volume": 4079,
        "typical_volume": 6337.5,
        "trend": 30.055334,
        "fair_value": 36.175885,
        "relative_strength": 2.608718,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.50404,
        "energy": 15.466682,
        "activity_lines": [
          29.444679,
          29.309508,
          29.726246,
          29.928351
        ]
      },
      {
        "date": "2024-06-14",
        "close": 29.747028,
        "volume": 1924,
        "typical_volume": 6404.1,
        "trend": 30.095385,
        "fair_value": 36.113336,
        "relative_strength": 4.340699,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.576689,
        "energy": 14.491908,
        "activity_lines": [
          29.572252,
          29.386922,
          29.706814,
          29.90846
        ]
      },
      {
        "date": "2024-06-21",
        "close": 30.598583,
        "volume": 307,
        "typical_volume": 6329.1,
        "trend": 30.151514,
        "fair_value": 36.063403,
        "relative_strength": 5.710585,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.390825,
        "energy": 11.280315,
        "activity_lines": [
          29.927545,
          29.621078,
          29.765887,
          29.940925
        ]
      },
      {
        "date": "2024-06-28",
        "close": 32.194683,
        "volume": 870,
        "typical_volume": 6238.05,
        "trend": 30.206879,
        "fair_value": 36.022723,
        "relative_strength": 8.809132,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 29.754999,
        "energy": 25.987628,
        "activity_lines": [
          30.747257,
          30.12682,
          29.973719,
          30.072742
        ]
      },
      {
        "date": "2024-07-05",
        "close": 31.2806,
        "volume": 1559,
        "typical_volume": 6160.5,
        "trend": 30.263965,
        "fair_value": 35.953682,
        "relative_strength": 3.786066,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.626252,
        "energy": 33.335681,
        "activity_lines": [
          31.067842,
          30.413337,
          30.07875,
          30.142014
        ]
      },
      {
        "date": "2024-07-12",
        "close": 32.415977,
        "volume": 512,
        "typical_volume": 5403.65,
        "trend": 30.304931,
        "fair_value": 35.891689,
        "relative_strength": 5.430028,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 44.218092,
        "energy": 58.553923,
        "activity_lines": [
          31.648702,
          30.865183,
          30.29067,
          30.280854
        ]
      },
      {
        "date": "2024-07-19",
        "close": 34.032448,
        "volume": 847,
        "typical_volume": 5234.0,
        "trend": 30.424711,
        "fair_value": 35.828375,
        "relative_strength": 11.718209,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 83.501061,
        "energy": 81.215225,
        "activity_lines": [
          32.57706,
          31.542748,
          30.652155,
          30.521339
        ]
      },
      {
        "date": "2024-07-26",
        "close": 34.147911,
        "volume": 651,
        "typical_volume": 4559.6,
        "trend": 30.53533,
        "fair_value": 35.755098,
        "relative_strength": 11.990182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.117452,
        "energy": 81.761006,
        "activity_lines": [
          33.258211,
          32.148081,
          31.009974,
          30.761545
        ]
      },
      {
        "date": "2024-08-02",
        "close": 37.29425,
        "volume": 3821,
        "typical_volume": 1553.15,
        "trend": 30.749876,
        "fair_value": 35.695544,
        "relative_strength": 23.385586,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.256969,
        "energy": 93.553704,
        "activity_lines": [
          34.751519,
          33.242501,
          31.655583,
          31.197605
        ]
      },
      {
        "date": "2024-08-09",
        "close": 34.686729,
        "volume": 3989,
        "typical_volume": 1665.4,
        "trend": 30.867355,
        "fair_value": 35.620886,
        "relative_strength": 10.404597,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.75804,
        "energy": 82.200254,
        "activity_lines": [
          35.035683,
          33.717081,
          32.023702,
          31.451595
        ]
      },
      {
        "date": "2024-08-16",
        "close": 34.600132,
        "volume": 1311,
        "typical_volume": 1715.25,
        "trend": 31.00066,
        "fair_value": 35.535027,
        "relative_strength": 7.268688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.496973,
        "energy": 72.859003,
        "activity_lines": [
          35.063906,
          34.081754,
          32.364299,
          31.692419
        ]
      },
      {
        "date": "2024-08-23",
        "close": 34.754086,
        "volume": 1228,
        "typical_volume": 1743.95,
        "trend": 31.185722,
        "fair_value": 35.455794,
        "relative_strength": 6.348395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.865586,
        "energy": 54.005718,
        "activity_lines": [
          34.997837,
          34.382527,
          32.70178,
          31.934576
        ]
      },
      {
        "date": "2024-08-30",
        "close": 36.168495,
        "volume": 14676,
        "typical_volume": 2412.85,
        "trend": 31.394143,
        "fair_value": 35.378953,
        "relative_strength": 10.139113,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.374704,
        "energy": 51.190766,
        "activity_lines": [
          35.355128,
          34.849428,
          33.150624,
          32.256045
        ]
      },
      {
        "date": "2024-09-06",
        "close": 37.833076,
        "volume": 7461,
        "typical_volume": 2769.5,
        "trend": 31.692304,
        "fair_value": 35.315774,
        "relative_strength": 16.071113,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.168514,
        "energy": 57.253533,
        "activity_lines": [
          36.132574,
          35.517709,
          33.726601,
          32.67146
        ]
      },
      {
        "date": "2024-09-13",
        "close": 39.449547,
        "volume": 2446,
        "typical_volume": 2883.75,
        "trend": 31.973302,
        "fair_value": 35.269,
        "relative_strength": 20.285295,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.784654,
        "energy": 67.841304,
        "activity_lines": [
          37.412922,
          36.377377,
          34.41579,
          33.171927
        ]
      },
      {
        "date": "2024-09-20",
        "close": 37.390472,
        "volume": 462,
        "typical_volume": 2637.7,
        "trend": 32.169804,
        "fair_value": 35.213976,
        "relative_strength": 16.961085,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.681624,
        "energy": 67.85134,
        "activity_lines": [
          37.68939,
          36.714142,
          34.859211,
          33.521422
        ]
      },
      {
        "date": "2024-09-27",
        "close": 34.813332,
        "volume": 1375,
        "typical_volume": 2679.3,
        "trend": 32.298481,
        "fair_value": 35.146481,
        "relative_strength": 7.365573,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.816898,
        "energy": 49.163842,
        "activity_lines": [
          36.920789,
          36.491891,
          35.015645,
          33.691973
        ]
      },
      {
        "date": "2024-10-04",
        "close": 34.426517,
        "volume": 5327,
        "typical_volume": 2916.0,
        "trend": 32.390793,
        "fair_value": 35.065637,
        "relative_strength": 6.869702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.065373,
        "energy": 33.244204,
        "activity_lines": [
          36.0193,
          36.185112,
          35.107104,
          33.829265
        ]
      },
      {
        "date": "2024-10-11",
        "close": 35.499924,
        "volume": 654,
        "typical_volume": 2722.05,
        "trend": 32.535061,
        "fair_value": 34.986067,
        "relative_strength": 11.247569,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 36.752726,
        "energy": 21.420597,
        "activity_lines": [
          35.591745,
          36.068432,
          35.277735,
          34.029854
        ]
      },
      {
        "date": "2024-10-18",
        "close": 37.5984,
        "volume": 3428,
        "typical_volume": 2846.35,
        "trend": 32.76704,
        "fair_value": 34.891392,
        "relative_strength": 16.780784,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.630793,
        "energy": 24.762388,
        "activity_lines": [
          36.019226,
          36.365917,
          35.618594,
          34.356521
        ]
      },
      {
        "date": "2024-10-25",
        "close": 37.240593,
        "volume": 3159,
        "typical_volume": 2800.35,
        "trend": 32.97951,
        "fair_value": 34.810263,
        "relative_strength": 15.660661,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.630169,
        "energy": 26.467981,
        "activity_lines": [
          36.450847,
          36.545407,
          35.886849,
          34.645138
        ]
      },
      {
        "date": "2024-11-01",
        "close": 36.844109,
        "volume": 1783,
        "typical_volume": 2793.3,
        "trend": 33.212571,
        "fair_value": 34.73428,
        "relative_strength": 15.561525,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.897271,
        "energy": 34.267994,
        "activity_lines": [
          36.760299,
          36.604801,
          36.080703,
          34.894467
        ]
      },
      {
        "date": "2024-11-08",
        "close": 34.96806,
        "volume": 1337,
        "typical_volume": 2844.8,
        "trend": 33.392346,
        "fair_value": 34.655752,
        "relative_strength": 9.487042,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.133733,
        "energy": 28.696493,
        "activity_lines": [
          36.309016,
          36.285094,
          36.062091,
          35.007724
        ]
      },
      {
        "date": "2024-11-15",
        "close": 35.103443,
        "volume": 1071,
        "typical_volume": 2854.85,
        "trend": 33.586521,
        "fair_value": 34.562831,
        "relative_strength": 9.552014,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.625536,
        "energy": 12.975359,
        "activity_lines": [
          35.866758,
          36.011829,
          36.035564,
          35.118117
        ]
      },
      {
        "date": "2024-11-22",
        "close": 35.944767,
        "volume": 472,
        "typical_volume": 2800.5,
        "trend": 33.817351,
        "fair_value": 34.469926,
        "relative_strength": 10.611108,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.757461,
        "energy": 11.14065,
        "activity_lines": [
          35.731373,
          35.941161,
          36.075313,
          35.270262
        ]
      },
      {
        "date": "2024-11-29",
        "close": 36.757076,
        "volume": 1020,
        "typical_volume": 2825.9,
        "trend": 34.087059,
        "fair_value": 34.386333,
        "relative_strength": 15.744405,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.331853,
        "energy": 13.174631,
        "activity_lines": [
          35.977,
          36.081909,
          36.170214,
          35.459922
        ]
      },
      {
        "date": "2024-12-06",
        "close": 36.650703,
        "volume": 2846,
        "typical_volume": 2925.85,
        "trend": 34.345248,
        "fair_value": 34.297029,
        "relative_strength": 14.645576,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.352696,
        "energy": 16.441492,
        "activity_lines": [
          36.219404,
          36.214833,
          36.234313,
          35.625318
        ]
      },
      {
        "date": "2024-12-13",
        "close": 35.432236,
        "volume": 535,
        "typical_volume": 2920.05,
        "trend": 34.540177,
        "fair_value": 34.191185,
        "relative_strength": 11.641683,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.62854,
        "energy": 10.592702,
        "activity_lines": [
          36.068546,
          36.09281,
          36.169899,
          35.695447
        ]
      },
      {
        "date": "2024-12-20",
        "close": 36.505642,
        "volume": 1688,
        "typical_volume": 2813.4,
        "trend": 34.781092,
        "fair_value": 34.088985,
        "relative_strength": 16.77389,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.13748,
        "energy": 17.570265,
        "activity_lines": [
          36.244545,
          36.147667,
          36.201599,
          35.822251
        ]
      },
      {
        "date": "2024-12-27",
        "close": 37.325512,
        "volume": 520,
        "typical_volume": 2639.95,
        "trend": 35.041681,
        "fair_value": 33.988763,
        "relative_strength": 20.486781,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.673527,
        "energy": 24.094813,
        "activity_lines": [
          36.600355,
          36.333305,
          36.315136,
          35.986407
        ]
      },
      {
        "date": "2025-01-03",
        "close": 37.830959,
        "volume": 1359,
        "typical_volume": 2642.35,
        "trend": 35.317843,
        "fair_value": 33.90124,
        "relative_strength": 23.1216,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 54.51245,
        "energy": 30.936118,
        "activity_lines": [
          37.032596,
          36.615804,
          36.464246,
          36.16636
        ]
      },
      {
        "date": "2025-01-10",
        "close": 35.673084,
        "volume": 615,
        "typical_volume": 2611.7,
        "trend": 35.515378,
        "fair_value": 33.814625,
        "relative_strength": 15.251138,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 38.334322,
        "energy": 19.497705,
        "activity_lines": [
          36.673954,
          36.495228,
          36.392459,
          36.189279
        ]
      },
      {
        "date": "2025-01-17",
        "close": 37.160267,
        "volume": 1240,
        "typical_volume": 1939.9,
        "trend": 35.734101,
        "fair_value": 33.756868,
        "relative_strength": 16.079046,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.347177,
        "energy": 25.438747,
        "activity_lines": [
          36.876214,
          36.666341,
          36.457932,
          36.295401
        ]
      },
      {
        "date": "2025-01-24",
        "close": 36.63538,
        "volume": 719,
        "typical_volume": 1602.8,
        "trend": 35.882124,
        "fair_value": 33.707295,
        "relative_strength": 13.74051,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.614791,
        "energy": 19.63201,
        "activity_lines": [
          36.78831,
          36.702161,
          36.468694,
          36.353548
        ]
      },
      {
        "date": "2025-01-31",
        "close": 35.673084,
        "volume": 947,
        "typical_volume": 1527.85,
        "trend": 36.02854,
        "fair_value": 33.638321,
        "relative_strength": 7.141846,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.260764,
        "energy": 10.17118,
        "activity_lines": [
          36.370991,
          36.535165,
          36.393511,
          36.340062
        ]
      },
      {
        "date": "2025-02-07",
        "close": 35.187069,
        "volume": 42174,
        "typical_volume": 3613.45,
        "trend": 36.12091,
        "fair_value": 33.5725,
        "relative_strength": 6.527612,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.938688,
        "energy": 7.351294,
        "activity_lines": [
          35.901829,
          36.284742,
          36.290025,
          36.285773
        ]
      },
      {
        "date": "2025-02-14",
        "close": 34.992668,
        "volume": 395,
        "typical_volume": 3564.45,
        "trend": 36.152917,
        "fair_value": 33.508914,
        "relative_strength": 2.726573,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.752065,
        "energy": 18.375706,
        "activity_lines": [
          35.544126,
          36.027519,
          36.178516,
          36.212983
        ]
      },
      {
        "date": "2025-02-21",
        "close": 34.982944,
        "volume": 280,
        "typical_volume": 3312.1,
        "trend": 36.180752,
        "fair_value": 33.458672,
        "relative_strength": 3.34135,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -50.635584,
        "energy": 37.776972,
        "activity_lines": [
          35.228543,
          35.798674,
          36.065227,
          36.137501
        ]
      },
      {
        "date": "2025-02-28",
        "close": 38.958504,
        "volume": 533,
        "typical_volume": 3306.05,
        "trend": 36.236227,
        "fair_value": 33.443779,
        "relative_strength": 18.478079,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 42.432661,
        "energy": 16.019085,
        "activity_lines": [
          36.383301,
          36.300828,
          36.327914,
          36.316711
        ]
      },
      {
        "date": "2025-03-07",
        "close": 37.558792,
        "volume": 54,
        "typical_volume": 3137.35,
        "trend": 36.331962,
        "fair_value": 33.424499,
        "relative_strength": 11.767321,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.003687,
        "energy": 23.224431,
        "activity_lines": [
          36.916614,
          36.50389,
          36.440825,
          36.402038
        ]
      },
      {
        "date": "2025-03-14",
        "close": 35.498119,
        "volume": 472,
        "typical_volume": 3003.0,
        "trend": 36.361895,
        "fair_value": 33.389862,
        "relative_strength": 2.208017,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.85239,
        "energy": 8.178837,
        "activity_lines": [
          36.637322,
          36.328044,
          36.35767,
          36.348241
        ]
      },
      {
        "date": "2025-03-21",
        "close": 36.392368,
        "volume": 88,
        "typical_volume": 2918.25,
        "trend": 36.416505,
        "fair_value": 33.383995,
        "relative_strength": 1.854694,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 3.021995,
        "energy": 9.105113,
        "activity_lines": [
          36.635376,
          36.357203,
          36.367979,
          36.350207
        ]
      },
      {
        "date": "2025-03-28",
        "close": 35.97876,
        "volume": 464,
        "typical_volume": 2874.6,
        "trend": 36.41018,
        "fair_value": 33.367857,
        "relative_strength": 0.80677,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -22.498514,
        "energy": 9.004501,
        "activity_lines": [
          36.402248,
          36.298083,
          36.341049,
          36.321966
        ]
      },
      {
        "date": "2025-04-04",
        "close": 36.858204,
        "volume": 6212,
        "typical_volume": 3131.65,
        "trend": 36.377685,
        "fair_value": 33.351642,
        "relative_strength": 6.630405,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.115677,
        "energy": 4.385495,
        "activity_lines": [
          36.39588,
          36.420344,
          36.393061,
          36.350871
        ]
      },
      {
        "date": "2025-04-11",
        "close": 34.161255,
        "volume": 456,
        "typical_volume": 3130.85,
        "trend": 36.201408,
        "fair_value": 33.31639,
        "relative_strength": -1.729275,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.641237,
        "energy": 24.653485,
        "activity_lines": [
          35.630548,
          36.048199,
          36.179866,
          36.207875
        ]
      },
      {
        "date": "2025-04-18",
        "close": 35.177498,
        "volume": 197,
        "typical_volume": 3089.7,
        "trend": 36.127642,
        "fair_value": 33.276339,
        "relative_strength": -0.604044,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.11921,
        "energy": 27.350813,
        "activity_lines": [
          35.430467,
          35.888314,
          36.071949,
          36.141816
        ]
      },
      {
        "date": "2025-04-25",
        "close": 33.858341,
        "volume": 1278,
        "typical_volume": 3011.3,
        "trend": 36.095809,
        "fair_value": 33.23413,
        "relative_strength": -8.08673,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -62.193782,
        "energy": 54.017424,
        "activity_lines": [
          34.812042,
          35.488756,
          35.845919,
          35.99541
        ]
      },
      {
        "date": "2025-05-02",
        "close": 36.203506,
        "volume": 6419,
        "typical_volume": 3305.5,
        "trend": 36.155042,
        "fair_value": 33.222231,
        "relative_strength": -2.315844,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.962203,
        "energy": 42.782144,
        "activity_lines": [
          35.144273,
          35.536215,
          35.856535,
          36.002358
        ]
      },
      {
        "date": "2025-05-09",
        "close": 34.630287,
        "volume": 523,
        "typical_volume": 3247.25,
        "trend": 36.126054,
        "fair_value": 33.205379,
        "relative_strength": -7.679665,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -52.415179,
        "energy": 40.014917,
        "activity_lines": [
          34.937116,
          35.275443,
          35.713648,
          35.903987
        ]
      },
      {
        "date": "2025-05-16",
        "close": 34.063541,
        "volume": 358,
        "typical_volume": 3239.15,
        "trend": 36.008226,
        "fair_value": 33.202563,
        "relative_strength": -11.0222,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -59.788304,
        "energy": 43.13176,
        "activity_lines": [
          34.68957,
          34.990321,
          35.525716,
          35.770921
        ]
      },
      {
        "date": "2025-05-23",
        "close": 33.359993,
        "volume": 265,
        "typical_volume": 3184.45,
        "trend": 35.878872,
        "fair_value": 33.184915,
        "relative_strength": -12.038247,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.934992,
        "energy": 40.65694,
        "activity_lines": [
          34.214023,
          34.640831,
          35.286313,
          35.600068
        ]
      },
      {
        "date": "2025-05-30",
        "close": 34.298061,
        "volume": 145,
        "typical_volume": 3160.95,
        "trend": 35.794004,
        "fair_value": 33.171065,
        "relative_strength": -9.093613,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.157866,
        "energy": 49.172093,
        "activity_lines": [
          34.172332,
          34.500774,
          35.157539,
          35.49808
        ]
      },
      {
        "date": "2025-06-06",
        "close": 33.741081,
        "volume": 6133,
        "typical_volume": 3405.6,
        "trend": 35.753105,
        "fair_value": 33.159592,
        "relative_strength": -9.982552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.548127,
        "energy": 52.061673,
        "activity_lines": [
          33.915666,
          34.297526,
          34.982267,
          35.365633
        ]
      },
      {
        "date": "2025-06-13",
        "close": 33.125473,
        "volume": 596,
        "typical_volume": 3399.45,
        "trend": 35.687172,
        "fair_value": 33.139624,
        "relative_strength": -12.296545,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.750538,
        "energy": 58.010092,
        "activity_lines": [
          33.61796,
          34.023034,
          34.764648,
          35.196109
        ]
      },
      {
        "date": "2025-06-20",
        "close": 33.946285,
        "volume": 500,
        "typical_volume": 3377.1,
        "trend": 35.620556,
        "fair_value": 33.107425,
        "relative_strength": -10.030877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.520325,
        "energy": 43.762601,
        "activity_lines": [
          33.694178,
          33.965649,
          34.641916,
          35.083793
        ]
      },
      {
        "date": "2025-06-27",
        "close": 34.086994,
        "volume": 370,
        "typical_volume": 1286.9,
        "trend": 35.531554,
        "fair_value": 33.072887,
        "relative_strength": -9.424723,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.589079,
        "energy": 33.433297,
        "activity_lines": [
          33.825117,
          33.937756,
          34.540807,
          34.984854
        ]
      },
      {
        "date": "2025-07-04",
        "close": 34.735706,
        "volume": 301,
        "typical_volume": 1282.2,
        "trend": 35.46772,
        "fair_value": 33.045966,
        "relative_strength": -10.695982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.847427,
        "energy": 21.906288,
        "activity_lines": [
          34.123826,
          34.047638,
          34.506719,
          34.933509
        ]
      },
      {
        "date": "2025-07-11",
        "close": 34.155796,
        "volume": 1366,
        "typical_volume": 1336.5,
        "trend": 35.425172,
        "fair_value": 33.012631,
        "relative_strength": -8.770898,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.395764,
        "energy": 17.319498,
        "activity_lines": [
          34.200055,
          34.036129,
          34.418624,
          34.848868
        ]
      },
      {
        "date": "2025-07-18",
        "close": 34.126308,
        "volume": 304,
        "typical_volume": 1325.05,
        "trend": 35.345861,
        "fair_value": 32.971778,
        "relative_strength": -6.862259,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.801574,
        "energy": 15.513787,
        "activity_lines": [
          34.238808,
          34.05649,
          34.33166,
          34.765071
        ]
      },
      {
        "date": "2025-07-25",
        "close": 32.789562,
        "volume": 316,
        "typical_volume": 1338.15,
        "trend": 35.194663,
        "fair_value": 32.932733,
        "relative_strength": -10.466082,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.885729,
        "energy": 29.497974,
        "activity_lines": [
          33.765256,
          33.84297,
          34.140398,
          34.600148
        ]
      },
      {
        "date": "2025-08-01",
        "close": 33.71349,
        "volume": 535,
        "typical_volume": 1341.3,
        "trend": 35.057414,
        "fair_value": 32.902132,
        "relative_strength": -6.915071,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.69536,
        "energy": 29.217765,
        "activity_lines": [
          33.676795,
          33.8206,
          34.059839,
          34.504589
        ]
      },
      {
        "date": "2025-08-08",
        "close": 33.693832,
        "volume": 201,
        "typical_volume": 1346.95,
        "trend": 34.991439,
        "fair_value": 32.864311,
        "relative_strength": -9.235925,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.285191,
        "energy": 32.037213,
        "activity_lines": [
          33.606681,
          33.788228,
          33.985907,
          34.416616
        ]
      },
      {
        "date": "2025-08-15",
        "close": 33.880585,
        "volume": 51,
        "typical_volume": 1326.3,
        "trend": 34.882116,
        "fair_value": 32.823994,
        "relative_strength": -8.956526,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.841832,
        "energy": 31.901437,
        "activity_lines": [
          33.668277,
          33.800798,
          33.94261,
          34.344948
        ]
      },
      {
        "date": "2025-08-22",
        "close": 33.644688,
        "volume": 366,
        "typical_volume": 1034.0,
        "trend": 34.782426,
        "fair_value": 32.800984,
        "relative_strength": -10.578308,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.834733,
        "energy": 24.252009,
        "activity_lines": [
          33.669588,
          33.76794,
          33.886838,
          34.265114
        ]
      },
      {
        "date": "2025-08-29",
        "close": 33.910072,
        "volume": 265,
        "typical_volume": 1024.45,
        "trend": 34.723659,
        "fair_value": 32.785714,
        "relative_strength": -11.911681,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.318561,
        "energy": 17.356313,
        "activity_lines": [
          33.791468,
          33.773894,
          33.871644,
          34.208833
        ]
      },
      {
        "date": "2025-09-05",
        "close": 34.558788,
        "volume": 171,
        "typical_volume": 1023.15,
        "trend": 34.702717,
        "fair_value": 32.765926,
        "relative_strength": -10.748073,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.927585,
        "energy": 10.850395,
        "activity_lines": [
          34.054886,
          33.898455,
          33.919428,
          34.198196
        ]
      },
      {
        "date": "2025-09-12",
        "close": 34.204945,
        "volume": 53,
        "typical_volume": 961.9,
        "trend": 34.676459,
        "fair_value": 32.749029,
        "relative_strength": -11.105597,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.812325,
        "energy": 9.213944,
        "activity_lines": [
          34.144004,
          33.950103,
          33.936459,
          34.166081
        ]
      },
      {
        "date": "2025-09-19",
        "close": 33.60537,
        "volume": 2189,
        "typical_volume": 750.4,
        "trend": 34.63054,
        "fair_value": 32.739545,
        "relative_strength": -14.481307,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.066536,
        "energy": 11.180395,
        "activity_lines": [
          33.999188,
          33.902387,
          33.894737,
          34.096979
        ]
      },
      {
        "date": "2025-09-26",
        "close": 33.674175,
        "volume": 2343,
        "typical_volume": 841.4,
        "trend": 34.454396,
        "fair_value": 32.73932,
        "relative_strength": -13.870788,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.030551,
        "energy": 9.773167,
        "activity_lines": [
          33.895656,
          33.877189,
          33.87194,
          34.035278
        ]
      },
      {
        "date": "2025-10-03",
        "close": 34.433258,
        "volume": 144,
        "typical_volume": 830.7,
        "trend": 34.350211,
        "fair_value": 32.763427,
        "relative_strength": -11.025482,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.191675,
        "energy": 4.22949,
        "activity_lines": [
          34.043185,
          33.998227,
          33.92599,
          34.033914
        ]
      },
      {
        "date": "2025-10-10",
        "close": 33.563282,
        "volume": 166,
        "typical_volume": 825.75,
        "trend": 34.285717,
        "fair_value": 32.786913,
        "relative_strength": -10.882444,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.811201,
        "energy": 16.97137,
        "activity_lines": [
          33.865843,
          33.931202,
          33.895424,
          33.983145
        ]
      },
      {
        "date": "2025-10-17",
        "close": 32.989887,
        "volume": 394,
        "typical_volume": 838.2,
        "trend": 34.172301,
        "fair_value": 32.817873,
        "relative_strength": -13.705947,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.72179,
        "energy": 31.756891,
        "activity_lines": [
          33.563737,
          33.762654,
          33.809281,
          33.899543
        ]
      },
      {
        "date": "2025-10-24",
        "close": 33.187611,
        "volume": 229,
        "typical_volume": 543.0,
        "trend": 34.079262,
        "fair_value": 32.8209,
        "relative_strength": -14.46755,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.414778,
        "energy": 38.540032,
        "activity_lines": [
          33.408543,
          33.642855,
          33.748198,
          33.836014
        ]
      },
      {
        "date": "2025-10-31",
        "close": 33.49408,
        "volume": 14804,
        "typical_volume": 1253.4,
        "trend": 33.967125,
        "fair_value": 32.845653,
        "relative_strength": -15.231362,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.207828,
        "energy": 41.499797,
        "activity_lines": [
          33.383355,
          33.591377,
          33.718939,
          33.798261
        ]
      },
      {
        "date": "2025-11-07",
        "close": 32.189114,
        "volume": 960,
        "typical_volume": 1276.4,
        "trend": 33.901387,
        "fair_value": 32.826528,
        "relative_strength": -20.552601,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.484539,
        "energy": 58.488479,
        "activity_lines": [
          32.935185,
          33.305371,
          33.563642,
          33.68355
        ]
      },
      {
        "date": "2025-11-14",
        "close": 33.078861,
        "volume": 3634,
        "typical_volume": 1439.6,
        "trend": 33.831432,
        "fair_value": 32.81529,
        "relative_strength": -19.877955,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.666427,
        "energy": 44.12666,
        "activity_lines": [
          32.933207,
          33.212428,
          33.50145,
          33.630484
        ]
      },
      {
        "date": "2025-11-21",
        "close": 34.235535,
        "volume": 527,
        "typical_volume": 1450.9,
        "trend": 33.844006,
        "fair_value": 32.805154,
        "relative_strength": -15.129078,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.661932,
        "energy": 18.145461,
        "activity_lines": [
          33.349082,
          33.356696,
          33.554218,
          33.656555
        ]
      },
      {
        "date": "2025-11-28",
        "close": 33.642365,
        "volume": 251,
        "typical_volume": 1395.15,
        "trend": 33.758634,
        "fair_value": 32.794755,
        "relative_strength": -18.367181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.785686,
        "energy": 15.355737,
        "activity_lines": [
          33.48419,
          33.392559,
          33.552875,
          33.643546
        ]
      },
      {
        "date": "2025-12-05",
        "close": 33.533619,
        "volume": 1233,
        "typical_volume": 1441.6,
        "trend": 33.722079,
        "fair_value": 32.786962,
        "relative_strength": -17.27205,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.652958,
        "energy": 14.981257,
        "activity_lines": [
          33.552733,
          33.407978,
          33.543621,
          33.629029
        ]
      },
      {
        "date": "2025-12-12",
        "close": 32.79216,
        "volume": 998,
        "typical_volume": 1475.7,
        "trend": 33.679699,
        "fair_value": 32.776777,
        "relative_strength": -20.332625,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -38.981669,
        "energy": 18.075726,
        "activity_lines": [
          33.371487,
          33.291141,
          33.466573,
          33.569034
        ]
      },
      {
        "date": "2025-12-19",
        "close": 33.632484,
        "volume": 2066,
        "typical_volume": 1552.25,
        "trend": 33.688782,
        "fair_value": 32.778467,
        "relative_strength": -16.565177,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.402122,
        "energy": 11.181577,
        "activity_lines": [
          33.430145,
          33.356929,
          33.469545,
          33.565988
        ]
      },
      {
        "date": "2025-12-26",
        "close": 34.027924,
        "volume": 46,
        "typical_volume": 1544.5,
        "trend": 33.679778,
        "fair_value": 32.770528,
        "relative_strength": -16.229829,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.352871,
        "energy": 6.934416,
        "activity_lines": [
          33.583709,
          33.493357,
          33.510563,
          33.587868
        ]
      },
      {
        "date": "2026-01-02",
        "close": 32.775002,
        "volume": 872,
        "typical_volume": 1585.55,
        "trend": 33.647575,
        "fair_value": 32.756874,
        "relative_strength": -18.419699,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.696723,
        "energy": 20.262105,
        "activity_lines": [
          33.333473,
          33.383107,
          33.430664,
          33.529496
        ]
      },
      {
        "date": "2026-01-09",
        "close": 33.281982,
        "volume": 13156,
        "typical_volume": 2225.05,
        "trend": 33.652792,
        "fair_value": 32.743561,
        "relative_strength": -17.985673,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.339277,
        "energy": 15.393326,
        "activity_lines": [
          33.310055,
          33.372538,
          33.404313,
          33.505909
        ]
      },
      {
        "date": "2026-01-16",
        "close": 34.49477,
        "volume": 575,
        "typical_volume": 2240.55,
        "trend": 33.671075,
        "fair_value": 32.737368,
        "relative_strength": -15.114244,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.779584,
        "energy": 9.090691,
        "activity_lines": [
          33.707674,
          33.586331,
          33.495194,
          33.56023
        ]
      },
      {
        "date": "2026-01-23",
        "close": 33.500683,
        "volume": 87,
        "typical_volume": 2236.35,
        "trend": 33.651531,
        "fair_value": 32.724268,
        "relative_strength": -23.371897,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 2.695132,
        "energy": 3.944327,
        "activity_lines": [
          33.660425,
          33.577461,
          33.488615,
          33.549237
        ]
      },
      {
        "date": "2026-01-30",
        "close": 31.462807,
        "volume": 770,
        "typical_volume": 2272.2,
        "trend": 33.542434,
        "fair_value": 32.682488,
        "relative_strength": -28.411433,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -61.480771,
        "energy": 34.589407,
        "activity_lines": [
          32.94267,
          33.190398,
          33.292991,
          33.408029
        ]
      },
      {
        "date": "2026-02-06",
        "close": 31.969791,
        "volume": 6758,
        "typical_volume": 2500.65,
        "trend": 33.469568,
        "fair_value": 32.644968,
        "relative_strength": -27.267349,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.46498,
        "energy": 42.246036,
        "activity_lines": [
          32.564917,
          32.945928,
          33.15871,
          33.306568
        ]
      },
      {
        "date": "2026-02-13",
        "close": 33.93808,
        "volume": 111,
        "typical_volume": 2389.05,
        "trend": 33.463293,
        "fair_value": 32.620658,
        "relative_strength": -23.689224,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.738384,
        "energy": 27.07816,
        "activity_lines": [
          32.896941,
          33.089738,
          33.219672,
          33.336795
        ]
      },
      {
        "date": "2026-02-20",
        "close": 33.361511,
        "volume": 303,
        "typical_volume": 2397.0,
        "trend": 33.482358,
        "fair_value": 32.609517,
        "relative_strength": -25.99081,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.914288,
        "energy": 26.62824,
        "activity_lines": [
          32.993036,
          33.121364,
          33.224467,
          33.330228
        ]
      },
      {
        "date": "2026-02-27",
        "close": 34.812878,
        "volume": 570,
        "typical_volume": 2417.2,
        "trend": 33.519005,
        "fair_value": 32.608926,
        "relative_strength": -21.205551,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.858191,
        "energy": 12.080186,
        "activity_lines": [
          33.648471,
          33.406523,
          33.372591,
          33.416068
        ]
      },
      {
        "date": "2026-03-06",
        "close": 35.787079,
        "volume": 230,
        "typical_volume": 2409.0,
        "trend": 33.58878,
        "fair_value": 32.629307,
        "relative_strength": -14.033173,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 37.860341,
        "energy": 34.020728,
        "activity_lines": [
          34.541159,
          33.847348,
          33.607546,
          33.562396
        ]
      },
      {
        "date": "2026-03-13",
        "close": 35.598206,
        "volume": 115,
        "typical_volume": 2403.3,
        "trend": 33.646034,
        "fair_value": 32.647052,
        "relative_strength": -13.123712,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 63.083265,
        "energy": 59.702412,
        "activity_lines": [
          35.082605,
          34.221847,
          33.811192,
          33.692036
        ]
      },
      {
        "date": "2026-03-20",
        "close": 34.295952,
        "volume": 201,
        "typical_volume": 1673.15,
        "trend": 33.667742,
        "fair_value": 32.66114,
        "relative_strength": -15.051556,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.225584,
        "energy": 56.19707,
        "activity_lines": [
          34.948073,
          34.308243,
          33.879336,
          33.733966
        ]
      },
      {
        "date": "2026-03-27",
        "close": 32.943996,
        "volume": 83,
        "typical_volume": 1629.3,
        "trend": 33.63554,
        "fair_value": 32.661043,
        "relative_strength": -20.187622,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.190534,
        "energy": 32.767547,
        "activity_lines": [
          34.339029,
          34.130392,
          33.814903,
          33.687273
        ]
      },
      {
        "date": "2026-04-03",
        "close": 33.389999,
        "volume": 681,
        "typical_volume": 1481.65,
        "trend": 33.59658,
        "fair_value": 32.662787,
        "relative_strength": -21.153498,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 26.83094,
        "energy": 11.838771,
        "activity_lines": [
          33.906488,
          34.061828,
          33.789352,
          33.671432
        ]
      },
      {
        "date": "2026-04-10",
        "close": 32.330002,
        "volume": 615,
        "typical_volume": 1486.05,
        "trend": 33.534082,
        "fair_value": 32.670238,
        "relative_strength": -26.59373,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.477308,
        "energy": 17.225939,
        "activity_lines": [
          33.215474,
          33.80255,
          33.661367,
          33.589717
        ]
      },
      {
        "date": "2026-04-17",
        "close": 32.25,
        "volume": 579,
        "typical_volume": 1502.45,
        "trend": 33.488903,
        "fair_value": 32.667606,
        "relative_strength": -25.49651,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.007728,
        "energy": 26.376845,
        "activity_lines": [
          32.728263,
          33.51296,
          33.534837,
          33.506873
        ]
      },
      {
        "date": "2026-04-24",
        "close": 32.470001,
        "volume": 78,
        "typical_volume": 1444.7,
        "trend": 33.448764,
        "fair_value": 32.669255,
        "relative_strength": -22.479877,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.300961,
        "energy": 48.054824,
        "activity_lines": [
          32.5376,
          33.258274,
          33.43589,
          33.441137
        ]
      },
      {
        "date": "2026-05-01",
        "close": 31.528305,
        "volume": 471,
        "typical_volume": 1418.35,
        "trend": 33.351932,
        "fair_value": 32.670371,
        "relative_strength": -22.676599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.944552,
        "energy": 61.00952,
        "activity_lines": [
          32.154769,
          32.859064,
          33.252322,
          33.317237
        ]
      },
      {
        "date": "2026-05-08",
        "close": 30.584345,
        "volume": 441,
        "typical_volume": 1337.1,
        "trend": 33.252634,
        "fair_value": 32.667948,
        "relative_strength": -23.088932,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.673608,
        "energy": 72.755192,
        "activity_lines": [
          31.551663,
          32.321555,
          32.984872,
          33.138683
        ]
      },
      {
        "date": "2026-05-15",
        "close": 30.335934,
        "volume": 678,
        "typical_volume": 1368.7,
        "trend": 33.164169,
        "fair_value": 32.669317,
        "relative_strength": -20.254516,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.937463,
        "energy": 78.833148,
        "activity_lines": [
          31.052798,
          31.815764,
          32.708279,
          32.950508
        ]
      },
      {
        "date": "2026-05-22",
        "close": 31.687288,
        "volume": 520,
        "typical_volume": 1351.1,
        "trend": 33.114158,
        "fair_value": 32.680903,
        "relative_strength": -15.724497,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.472602,
        "energy": 69.744075,
        "activity_lines": [
          31.137321,
          31.654784,
          32.577966,
          32.855226
        ]
      },
      {
        "date": "2026-05-29",
        "close": 31.230213,
        "volume": 826,
        "typical_volume": 734.6,
        "trend": 33.038696,
        "fair_value": 32.685851,
        "relative_strength": -15.243289,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.962053,
        "energy": 67.442713,
        "activity_lines": [
          31.107001,
          31.481808,
          32.409303,
          32.733681
        ]
      },
      {
        "date": "2026-06-05",
        "close": 31.687288,
        "volume": 6,
        "typical_volume": 706.15,
        "trend": 33.021969,
        "fair_value": 32.696779,
        "relative_strength": -11.088991,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.854723,
        "energy": 44.684713,
        "activity_lines": [
          31.311691,
          31.447677,
          32.293941,
          32.646493
        ]
      },
      {
        "date": "2026-06-12",
        "close": 31.836336,
        "volume": 854,
        "typical_volume": 744.5,
        "trend": 32.980551,
        "fair_value": 32.704356,
        "relative_strength": -11.326361,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.127046,
        "energy": 27.337751,
        "activity_lines": [
          31.555465,
          31.463495,
          32.206142,
          32.570001
        ]
      },
      {
        "date": "2026-06-19",
        "close": 30.524725,
        "volume": 15,
        "typical_volume": 706.75,
        "trend": 32.856858,
        "fair_value": 32.719497,
        "relative_strength": -13.160635,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.767026,
        "energy": 36.194352,
        "activity_lines": [
          31.27857,
          31.269087,
          32.001354,
          32.41156
        ]
      },
      {
        "date": "2026-06-26",
        "close": 30.890202,
        "volume": 20,
        "typical_volume": 369.85,
        "trend": 32.765119,
        "fair_value": 32.730513,
        "relative_strength": -13.952055,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.258289,
        "energy": 37.905197,
        "activity_lines": [
          31.110914,
          31.173952,
          31.83584,
          32.284679
        ]
      },
      {
        "date": "2026-07-03",
        "close": 32.130001,
        "volume": 0,
        "typical_volume": 364.3,
        "trend": 32.718331,
        "fair_value": 32.743808,
        "relative_strength": -10.489056,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.312702,
        "energy": 27.522627,
        "activity_lines": [
          31.409663,
          31.328959,
          31.793544,
          32.243704
        ]
      },
      {
        "date": "2026-07-10",
        "close": 30.27,
        "volume": 396,
        "typical_volume": 368.95,
        "trend": 32.634259,
        "fair_value": 32.741743,
        "relative_strength": -16.75107,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.944808,
        "energy": 43.325115,
        "activity_lines": [
          31.028426,
          31.151965,
          31.582714,
          32.085747
        ]
      },
      {
        "date": "2026-07-17",
        "close": 31.01,
        "volume": 169,
        "typical_volume": 348.9,
        "trend": 32.546843,
        "fair_value": 32.741888,
        "relative_strength": -12.037523,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.386505,
        "energy": 33.765574,
        "activity_lines": [
          30.988342,
          31.132396,
          31.457082,
          31.980956
        ]
      },
      {
        "date": "2026-07-24",
        "close": 30.780001,
        "volume": 417,
        "typical_volume": 358.25,
        "trend": 32.438579,
        "fair_value": 32.751293,
        "relative_strength": -12.283301,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.734441,
        "energy": 32.285269,
        "activity_lines": [
          30.926681,
          31.063269,
          31.327654,
          31.866966
        ]
      },
      {
        "date": "2026-07-31",
        "close": 31.469999,
        "volume": 411,
        "typical_volume": 373.05,
        "trend": 32.395079,
        "fair_value": 32.765785,
        "relative_strength": -11.655372,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.753974,
        "energy": 32.271274,
        "activity_lines": [
          31.078,
          31.111522,
          31.287783,
          31.804477
        ]
      },
      {
        "date": "2026-08-07",
        "close": 30.709999,
        "volume": 165,
        "typical_volume": 371.25,
        "trend": 32.309346,
        "fair_value": 32.776309,
        "relative_strength": -10.445873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.254383,
        "energy": 29.71766,
        "activity_lines": [
          30.937333,
          31.025544,
          31.19519,
          31.695763
        ]
      }
    ],
    "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."
    }
  }
}