{
  "ticker": {
    "uuid": "c1bbdd80-f28c-4916-a227-801ff2fd55df",
    "symbol": "6259",
    "name": "Bull Will Co., Ltd.",
    "exchange": "TWO",
    "country": "TW",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 35.126,
    "architecture_energy": 24.397,
    "architecture_maturity": 79.0,
    "architecture_confidence": 91.832,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 37.4,
        "rotation_up": 23.47,
        "upward_expansion": 56.07,
        "deceleration": 91.11,
        "rotation_down": 31.0,
        "downward_expansion": 19.73
      },
      "activity_lines": [
        31.239416,
        33.151928,
        31.047972,
        28.147421
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
    },
    "latest_close": 33.450001,
    "trend_reference": 24.494325,
    "distance_from_trend": 0.365622,
    "trend_direction": "Improving",
    "fair_value": 19.058393,
    "distance_from_fair_value": 0.755132,
    "fair_value_direction": "Improving",
    "relative_strength": 19.061888,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.989294,
    "excess_performance": 0.547922,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.365622,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.30005,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.755132,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.451814,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.190619,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.270967,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.989294,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.855314,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 4716100,
      "relative_activity": 0.664931,
      "balance": 0.855314,
      "dry_up": 0.699173,
      "accumulation_observations": 3,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.172432,
      "annualized_volatility": 0.701983,
      "from_high_reference": -0.218984,
      "from_low_reference": 1.195973
    },
    "levels": {
      "trend_reference": 24.494325,
      "fair_value_reference": 19.058393,
      "structural_low": 16.518279,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": 0.041177,
        "positive_rate": 0.636364,
        "directional_follow_through": 0.636364,
        "median_excess_return": -0.009712,
        "regime_survival": 0.454545,
        "best_return": 0.180628,
        "worst_return": -0.098187,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": -0.002838,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.046117,
        "regime_survival": 0.166667,
        "best_return": 0.379412,
        "worst_return": -0.166163,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.014458,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.088622,
        "regime_survival": 0.25,
        "best_return": 0.989294,
        "worst_return": -0.146371,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.043019,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.322446,
        "regime_survival": 0.0,
        "best_return": 0.682112,
        "worst_return": -0.271485,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-07",
        "end": "2024-08-16",
        "tenure": "Developing",
        "return": -0.032967,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-08-23",
        "end": "2024-08-30",
        "tenure": "New",
        "return": 0.046083,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-09-06",
        "end": "2024-12-13",
        "tenure": "Established",
        "return": -0.024631,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-20",
        "end": "2025-02-21",
        "tenure": "Developing",
        "return": 0.05,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-28",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": -0.11358,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-05-30",
        "tenure": "Developing",
        "return": -0.016667,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-06-06",
        "end": "2025-06-06",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-13",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": 0.008409,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-29",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": -0.042814,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-28",
        "end": "2025-12-12",
        "tenure": "New",
        "return": 0.128527,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-19",
        "end": "2026-01-30",
        "tenure": "Developing",
        "return": -0.014368,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-06",
        "end": "2026-04-10",
        "tenure": "Developing",
        "return": 0.123529,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-17",
        "end": "2026-07-31",
        "tenure": "Established",
        "return": 0.283194,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-08-07",
        "end": "2026-08-14",
        "tenure": "New",
        "return": 0.153448,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 16.237183,
        "volume": 26391,
        "typical_volume": 86110.55,
        "trend": 17.473394,
        "fair_value": 17.998304,
        "relative_strength": -15.716272,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.113918,
        "energy": 31.649937,
        "activity_lines": [
          16.524159,
          16.622193,
          16.893578,
          17.123359
        ]
      },
      {
        "date": "2023-08-18",
        "close": 16.237183,
        "volume": 32129,
        "typical_volume": 83262.5,
        "trend": 17.414824,
        "fair_value": 18.028274,
        "relative_strength": -13.988025,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.641795,
        "energy": 44.311144,
        "activity_lines": [
          16.403934,
          16.520704,
          16.81313,
          17.043604
        ]
      },
      {
        "date": "2023-08-25",
        "close": 16.95789,
        "volume": 73440,
        "typical_volume": 86152.0,
        "trend": 17.360717,
        "fair_value": 18.030282,
        "relative_strength": -10.208147,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.116132,
        "energy": 29.653461,
        "activity_lines": [
          16.53677,
          16.582201,
          16.807265,
          17.014124
        ]
      },
      {
        "date": "2023-09-01",
        "close": 16.364363,
        "volume": 75735,
        "typical_volume": 87771.8,
        "trend": 17.282915,
        "fair_value": 18.042449,
        "relative_strength": -13.652104,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.065598,
        "energy": 31.947723,
        "activity_lines": [
          16.491549,
          16.536846,
          16.747575,
          16.949843
        ]
      },
      {
        "date": "2023-09-08",
        "close": 16.449152,
        "volume": 114751,
        "typical_volume": 88392.65,
        "trend": 17.220979,
        "fair_value": 18.05874,
        "relative_strength": -12.256023,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.48129,
        "energy": 28.058199,
        "activity_lines": [
          16.485895,
          16.51734,
          16.701858,
          16.896052
        ]
      },
      {
        "date": "2023-09-15",
        "close": 16.449152,
        "volume": 34424,
        "typical_volume": 86863.35,
        "trend": 17.144699,
        "fair_value": 18.065006,
        "relative_strength": -13.358528,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.187324,
        "energy": 25.10031,
        "activity_lines": [
          16.485895,
          16.4989,
          16.65996,
          16.846257
        ]
      },
      {
        "date": "2023-09-22",
        "close": 16.321972,
        "volume": 14917,
        "typical_volume": 84358.65,
        "trend": 17.061572,
        "fair_value": 18.083346,
        "relative_strength": -10.288947,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.248602,
        "energy": 30.203867,
        "activity_lines": [
          16.429369,
          16.458403,
          16.6107,
          16.793178
        ]
      },
      {
        "date": "2023-09-29",
        "close": 16.788311,
        "volume": 48195,
        "typical_volume": 85083.0,
        "trend": 17.018764,
        "fair_value": 18.107181,
        "relative_strength": -7.131279,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.930922,
        "energy": 18.420442,
        "activity_lines": [
          16.522638,
          16.504652,
          16.612326,
          16.775548
        ]
      },
      {
        "date": "2023-10-06",
        "close": 16.49155,
        "volume": 42457,
        "typical_volume": 81728.0,
        "trend": 16.986927,
        "fair_value": 18.129115,
        "relative_strength": -9.407459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.955523,
        "energy": 17.669126,
        "activity_lines": [
          16.528291,
          16.505423,
          16.58454,
          16.741534
        ]
      },
      {
        "date": "2023-10-13",
        "close": 16.321972,
        "volume": 19507,
        "typical_volume": 77105.05,
        "trend": 16.933791,
        "fair_value": 18.164176,
        "relative_strength": -11.419497,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.884175,
        "energy": 23.499568,
        "activity_lines": [
          16.468939,
          16.476133,
          16.542171,
          16.698634
        ]
      },
      {
        "date": "2023-10-20",
        "close": 16.237183,
        "volume": 16064,
        "typical_volume": 70203.1,
        "trend": 16.87522,
        "fair_value": 18.190715,
        "relative_strength": -9.799982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.456932,
        "energy": 24.212464,
        "activity_lines": [
          16.389803,
          16.43528,
          16.496897,
          16.653691
        ]
      },
      {
        "date": "2023-10-27",
        "close": 15.898023,
        "volume": 40162,
        "typical_volume": 69382.0,
        "trend": 16.822295,
        "fair_value": 18.212835,
        "relative_strength": -9.761374,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.812793,
        "energy": 41.616992,
        "activity_lines": [
          16.211745,
          16.332762,
          16.427316,
          16.590646
        ]
      },
      {
        "date": "2023-11-03",
        "close": 15.855627,
        "volume": 37867,
        "typical_volume": 65496.5,
        "trend": 16.766653,
        "fair_value": 18.235183,
        "relative_strength": -11.807767,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.77619,
        "energy": 50.904268,
        "activity_lines": [
          16.047818,
          16.228702,
          16.36368,
          16.528281
        ]
      },
      {
        "date": "2023-11-10",
        "close": 16.533941,
        "volume": 88358,
        "typical_volume": 66543.45,
        "trend": 16.731013,
        "fair_value": 18.269358,
        "relative_strength": -8.475742,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.331624,
        "energy": 34.248872,
        "activity_lines": [
          16.172175,
          16.268013,
          16.370172,
          16.513267
        ]
      },
      {
        "date": "2023-11-17",
        "close": 15.940416,
        "volume": 53933,
        "typical_volume": 67374.15,
        "trend": 16.687325,
        "fair_value": 18.297236,
        "relative_strength": -14.057733,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.33565,
        "energy": 36.509647,
        "activity_lines": [
          16.095864,
          16.196327,
          16.322063,
          16.462261
        ]
      },
      {
        "date": "2023-11-24",
        "close": 16.449152,
        "volume": 106718,
        "typical_volume": 68857.55,
        "trend": 16.654075,
        "fair_value": 18.328874,
        "relative_strength": -11.409762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.758017,
        "energy": 21.074992,
        "activity_lines": [
          16.214568,
          16.226388,
          16.325106,
          16.446895
        ]
      },
      {
        "date": "2023-12-01",
        "close": 19.755943,
        "volume": 949013,
        "typical_volume": 110770.15,
        "trend": 16.723228,
        "fair_value": 18.380961,
        "relative_strength": 5.533745,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 43.971294,
        "energy": 43.189164,
        "activity_lines": [
          17.421405,
          16.857685,
          16.643362,
          16.647015
        ]
      },
      {
        "date": "2023-12-08",
        "close": 18.399313,
        "volume": 1055734,
        "typical_volume": 150555.15,
        "trend": 16.784974,
        "fair_value": 18.426346,
        "relative_strength": -1.211908,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 39.131928,
        "energy": 56.492038,
        "activity_lines": [
          17.918838,
          17.179885,
          16.816575,
          16.75515
        ]
      },
      {
        "date": "2023-12-15",
        "close": 19.204811,
        "volume": 1024750,
        "typical_volume": 195710.75,
        "trend": 16.864442,
        "fair_value": 18.47465,
        "relative_strength": 1.671764,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 73.355446,
        "energy": 74.336987,
        "activity_lines": [
          18.51519,
          17.619248,
          17.061051,
          16.911268
        ]
      },
      {
        "date": "2023-12-22",
        "close": 19.162416,
        "volume": 306391,
        "typical_volume": 208046.8,
        "trend": 16.922938,
        "fair_value": 18.524678,
        "relative_strength": 2.167569,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.995033,
        "energy": 75.459643,
        "activity_lines": [
          18.919353,
          18.001571,
          17.288771,
          17.059524
        ]
      },
      {
        "date": "2023-12-29",
        "close": 19.543968,
        "volume": 477373,
        "typical_volume": 230595.9,
        "trend": 16.977202,
        "fair_value": 18.576404,
        "relative_strength": 2.550657,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.13693,
        "energy": 72.82379,
        "activity_lines": [
          19.2359,
          18.401623,
          17.540313,
          17.228623
        ]
      },
      {
        "date": "2024-01-05",
        "close": 22.214838,
        "volume": 1816552,
        "typical_volume": 319817.05,
        "trend": 17.117886,
        "fair_value": 18.648491,
        "relative_strength": 19.093914,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.051248,
        "energy": 81.28243,
        "activity_lines": [
          20.236416,
          19.227165,
          18.030477,
          17.566535
        ]
      },
      {
        "date": "2024-01-12",
        "close": 19.077627,
        "volume": 1066062,
        "typical_volume": 369448.15,
        "trend": 17.186595,
        "fair_value": 18.694485,
        "relative_strength": 2.633698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.06157,
        "energy": 49.290914,
        "activity_lines": [
          20.027269,
          19.367453,
          18.193394,
          17.69297
        ]
      },
      {
        "date": "2024-01-19",
        "close": 18.908049,
        "volume": 298358,
        "typical_volume": 380579.3,
        "trend": 17.252259,
        "fair_value": 18.750861,
        "relative_strength": 1.015377,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.856816,
        "energy": 43.520601,
        "activity_lines": [
          19.716375,
          19.418327,
          18.330067,
          17.804032
        ]
      },
      {
        "date": "2024-01-26",
        "close": 20.052706,
        "volume": 958193,
        "typical_volume": 422751.4,
        "trend": 17.370422,
        "fair_value": 18.81632,
        "relative_strength": 5.513313,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.126498,
        "energy": 40.958841,
        "activity_lines": [
          19.806817,
          19.634154,
          18.563641,
          17.984706
        ]
      },
      {
        "date": "2024-02-02",
        "close": 19.628757,
        "volume": 300653,
        "typical_volume": 436062.85,
        "trend": 17.474454,
        "fair_value": 18.869586,
        "relative_strength": 3.120871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.306633,
        "energy": 25.855595,
        "activity_lines": [
          19.69659,
          19.698132,
          18.73968,
          18.130405
        ]
      },
      {
        "date": "2024-02-09",
        "close": 19.416784,
        "volume": 48196,
        "typical_volume": 437726.8,
        "trend": 17.574027,
        "fair_value": 18.921992,
        "relative_strength": 1.992538,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.647328,
        "energy": 24.003812,
        "activity_lines": [
          19.510053,
          19.665757,
          18.88039,
          18.255716
        ]
      },
      {
        "date": "2024-02-16",
        "close": 19.543968,
        "volume": 189343,
        "typical_volume": 444784.2,
        "trend": 17.650338,
        "fair_value": 18.97671,
        "relative_strength": 0.133394,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.084872,
        "energy": 23.946928,
        "activity_lines": [
          19.552447,
          19.662674,
          19.018476,
          18.382809
        ]
      },
      {
        "date": "2024-02-23",
        "close": 20.476654,
        "volume": 775734,
        "typical_volume": 481448.05,
        "trend": 17.781762,
        "fair_value": 19.033168,
        "relative_strength": 3.592198,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.705579,
        "energy": 30.538483,
        "activity_lines": [
          19.874648,
          19.808358,
          19.232267,
          18.565152
        ]
      },
      {
        "date": "2024-03-01",
        "close": 19.798338,
        "volume": 447538,
        "typical_volume": 502849.6,
        "trend": 17.890575,
        "fair_value": 19.085526,
        "relative_strength": 0.120015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.454933,
        "energy": 28.169007,
        "activity_lines": [
          19.866169,
          19.807587,
          19.362479,
          18.695254
        ]
      },
      {
        "date": "2024-03-08",
        "close": 18.568892,
        "volume": 439505,
        "typical_volume": 524021.65,
        "trend": 17.968298,
        "fair_value": 19.137484,
        "relative_strength": -9.82105,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.876451,
        "energy": 18.250092,
        "activity_lines": [
          19.464833,
          19.571719,
          19.359047,
          18.739016
        ]
      },
      {
        "date": "2024-03-15",
        "close": 17.975363,
        "volume": 743602,
        "typical_volume": 559193.65,
        "trend": 18.026238,
        "fair_value": 19.175414,
        "relative_strength": -11.846543,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.344163,
        "energy": 6.795186,
        "activity_lines": [
          18.936312,
          19.245664,
          19.287986,
          18.739472
        ]
      },
      {
        "date": "2024-03-22",
        "close": 18.441706,
        "volume": 127375,
        "typical_volume": 563669.05,
        "trend": 18.075698,
        "fair_value": 19.204365,
        "relative_strength": -11.64117,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.132687,
        "energy": 13.094413,
        "activity_lines": [
          18.659333,
          19.081481,
          19.251445,
          18.766276
        ]
      },
      {
        "date": "2024-03-29",
        "close": 18.356916,
        "volume": 94097,
        "typical_volume": 563956.0,
        "trend": 18.142117,
        "fair_value": 19.230529,
        "relative_strength": -12.009772,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.306192,
        "energy": 16.363626,
        "activity_lines": [
          18.427574,
          18.913444,
          19.194515,
          18.78442
        ]
      },
      {
        "date": "2024-04-05",
        "close": 18.18734,
        "volume": 43605,
        "typical_volume": 563439.6,
        "trend": 18.200056,
        "fair_value": 19.252613,
        "relative_strength": -12.660625,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.733296,
        "energy": 24.813934,
        "activity_lines": [
          18.280607,
          18.724595,
          19.112754,
          18.787337
        ]
      },
      {
        "date": "2024-04-12",
        "close": 19.077627,
        "volume": 352292,
        "typical_volume": 575718.3,
        "trend": 18.287672,
        "fair_value": 19.265693,
        "relative_strength": -9.834535,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 3.295542,
        "energy": 18.636743,
        "activity_lines": [
          18.537801,
          18.731532,
          19.105083,
          18.843955
        ]
      },
      {
        "date": "2024-04-19",
        "close": 18.568892,
        "volume": 207703,
        "typical_volume": 538652.8,
        "trend": 18.362569,
        "fair_value": 19.283241,
        "relative_strength": -6.530762,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 4.184132,
        "energy": 9.870238,
        "activity_lines": [
          18.591502,
          18.655993,
          19.036444,
          18.862098
        ]
      },
      {
        "date": "2024-04-26",
        "close": 19.331995,
        "volume": 190488,
        "typical_volume": 495390.5,
        "trend": 18.447359,
        "fair_value": 19.308674,
        "relative_strength": -5.274631,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.086817,
        "energy": 13.786431,
        "activity_lines": [
          18.860001,
          18.734616,
          19.046134,
          18.924641
        ]
      },
      {
        "date": "2024-05-03",
        "close": 19.586363,
        "volume": 103276,
        "typical_volume": 449316.8,
        "trend": 18.550519,
        "fair_value": 19.335986,
        "relative_strength": -4.71496,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.54995,
        "energy": 23.990313,
        "activity_lines": [
          19.153938,
          18.863341,
          19.075608,
          18.998126
        ]
      },
      {
        "date": "2024-05-10",
        "close": 18.780863,
        "volume": 236390,
        "typical_volume": 445816.75,
        "trend": 18.632482,
        "fair_value": 19.347662,
        "relative_strength": -10.028996,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.764767,
        "energy": 16.05749,
        "activity_lines": [
          19.097411,
          18.861799,
          19.026552,
          19.012986
        ]
      },
      {
        "date": "2024-05-17",
        "close": 19.247206,
        "volume": 367210,
        "typical_volume": 440308.6,
        "trend": 18.732816,
        "fair_value": 19.377787,
        "relative_strength": -9.947737,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.847288,
        "energy": 16.963514,
        "activity_lines": [
          19.156764,
          18.963547,
          19.023725,
          19.052646
        ]
      },
      {
        "date": "2024-05-24",
        "close": 19.077627,
        "volume": 151473,
        "typical_volume": 357054.65,
        "trend": 18.838803,
        "fair_value": 19.40508,
        "relative_strength": -11.724175,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.403242,
        "energy": 16.982939,
        "activity_lines": [
          19.148285,
          19.022128,
          19.006162,
          19.074892
        ]
      },
      {
        "date": "2024-05-31",
        "close": 19.331995,
        "volume": 126227,
        "typical_volume": 310062.9,
        "trend": 18.954682,
        "fair_value": 19.437743,
        "relative_strength": -8.615347,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 37.06493,
        "energy": 16.948776,
        "activity_lines": [
          19.190679,
          19.106918,
          19.027763,
          19.106711
        ]
      },
      {
        "date": "2024-06-07",
        "close": 19.2896,
        "volume": 190489,
        "typical_volume": 304669.45,
        "trend": 19.046537,
        "fair_value": 19.481105,
        "relative_strength": -11.357326,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 19.290073,
        "energy": 13.139524,
        "activity_lines": [
          19.218942,
          19.167812,
          19.044115,
          19.128318
        ]
      },
      {
        "date": "2024-06-14",
        "close": 19.2896,
        "volume": 149177,
        "typical_volume": 264218.65,
        "trend": 19.158177,
        "fair_value": 19.524717,
        "relative_strength": -13.691259,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 9.913177,
        "energy": 14.13297,
        "activity_lines": [
          19.26699,
          19.211748,
          19.05865,
          19.144
        ]
      },
      {
        "date": "2024-06-21",
        "close": 19.586363,
        "volume": 375243,
        "typical_volume": 267948.15,
        "trend": 19.262751,
        "fair_value": 19.572974,
        "relative_strength": -14.950578,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 20.167059,
        "energy": 24.926499,
        "activity_lines": [
          19.380042,
          19.2896,
          19.105082,
          19.171625
        ]
      },
      {
        "date": "2024-06-28",
        "close": 19.586363,
        "volume": 164095,
        "typical_volume": 273743.1,
        "trend": 19.257098,
        "fair_value": 19.624972,
        "relative_strength": -13.924215,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 18.660034,
        "energy": 26.287276,
        "activity_lines": [
          19.470484,
          19.358202,
          19.151717,
          19.192503
        ]
      },
      {
        "date": "2024-07-05",
        "close": 19.586363,
        "volume": 376390,
        "typical_volume": 283095.45,
        "trend": 19.296666,
        "fair_value": 19.674475,
        "relative_strength": -15.578616,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 18.752075,
        "energy": 25.874257,
        "activity_lines": [
          19.52701,
          19.408305,
          19.197543,
          19.213746
        ]
      },
      {
        "date": "2024-07-12",
        "close": 19.374388,
        "volume": 289177,
        "typical_volume": 258767.6,
        "trend": 19.302319,
        "fair_value": 19.715389,
        "relative_strength": -17.524146,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 24.094256,
        "energy": 22.580444,
        "activity_lines": [
          19.49592,
          19.415242,
          19.22298,
          19.21876
        ]
      },
      {
        "date": "2024-07-19",
        "close": 19.374388,
        "volume": 193932,
        "typical_volume": 246087.3,
        "trend": 19.309385,
        "fair_value": 19.74982,
        "relative_strength": -13.464617,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 21.287559,
        "energy": 14.628523,
        "activity_lines": [
          19.459178,
          19.426033,
          19.253665,
          19.22341
        ]
      },
      {
        "date": "2024-07-26",
        "close": 18.780863,
        "volume": 159506,
        "typical_volume": 232087.35,
        "trend": 19.283948,
        "fair_value": 19.786182,
        "relative_strength": -13.088384,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.496069,
        "energy": 7.769699,
        "activity_lines": [
          19.218941,
          19.31812,
          19.229844,
          19.189312
        ]
      },
      {
        "date": "2024-08-02",
        "close": 19.204811,
        "volume": 119342,
        "typical_volume": 200874.35,
        "trend": 19.183614,
        "fair_value": 19.821022,
        "relative_strength": -8.981866,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 8.50182,
        "energy": 9.479496,
        "activity_lines": [
          19.173721,
          19.295766,
          19.245388,
          19.184206
        ]
      },
      {
        "date": "2024-08-09",
        "close": 18.568892,
        "volume": 198521,
        "typical_volume": 204431.65,
        "trend": 19.166656,
        "fair_value": 19.853282,
        "relative_strength": -11.104208,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.063554,
        "energy": 22.098219,
        "activity_lines": [
          18.941964,
          19.155479,
          19.194515,
          19.144547
        ]
      },
      {
        "date": "2024-08-16",
        "close": 18.653681,
        "volume": 120488,
        "typical_volume": 205751.2,
        "trend": 19.158177,
        "fair_value": 19.887581,
        "relative_strength": -13.949568,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.325147,
        "energy": 40.350748,
        "activity_lines": [
          18.806301,
          19.044482,
          19.151111,
          19.111451
        ]
      },
      {
        "date": "2024-08-23",
        "close": 18.399313,
        "volume": 68850,
        "typical_volume": 207013.45,
        "trend": 19.103064,
        "fair_value": 19.924738,
        "relative_strength": -14.051968,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.270985,
        "energy": 53.401348,
        "activity_lines": [
          18.633897,
          18.898799,
          19.082068,
          19.062492
        ]
      },
      {
        "date": "2024-08-30",
        "close": 19.247206,
        "volume": 173275,
        "typical_volume": 198062.6,
        "trend": 19.090345,
        "fair_value": 19.966333,
        "relative_strength": -10.323461,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": -17.868537,
        "energy": 28.749333,
        "activity_lines": [
          18.809128,
          18.923465,
          19.092768,
          19.071792
        ]
      },
      {
        "date": "2024-09-06",
        "close": 19.098953,
        "volume": 508235,
        "typical_volume": 213089.2,
        "trend": 19.079751,
        "fair_value": 20.005232,
        "relative_strength": -7.369218,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -15.877198,
        "energy": 12.017714,
        "activity_lines": [
          18.903852,
          18.927342,
          19.088541,
          19.072347
        ]
      },
      {
        "date": "2024-09-13",
        "close": 18.957827,
        "volume": 64785,
        "typical_volume": 206804.05,
        "trend": 19.060213,
        "fair_value": 20.042977,
        "relative_strength": -9.24166,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 4.158796,
        "energy": 4.270057,
        "activity_lines": [
          18.958591,
          18.914422,
          19.068349,
          19.064481
        ]
      },
      {
        "date": "2024-09-20",
        "close": 19.193037,
        "volume": 89866,
        "typical_volume": 206133.55,
        "trend": 19.017426,
        "fair_value": 20.071508,
        "relative_strength": -9.533158,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 6.021776,
        "energy": 8.339271,
        "activity_lines": [
          19.065805,
          18.955696,
          19.07234,
          19.07305
        ]
      },
      {
        "date": "2024-09-27",
        "close": 18.863741,
        "volume": 82550,
        "typical_volume": 198441.55,
        "trend": 18.986272,
        "fair_value": 20.081222,
        "relative_strength": -13.321421,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -1.986828,
        "energy": 3.971441,
        "activity_lines": [
          19.027296,
          18.940395,
          19.046842,
          19.063135
        ]
      },
      {
        "date": "2024-10-04",
        "close": 19.004869,
        "volume": 53292,
        "typical_volume": 182745.65,
        "trend": 19.000805,
        "fair_value": 20.074885,
        "relative_strength": -10.372453,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 1.391125,
        "energy": 2.458184,
        "activity_lines": [
          19.004868,
          18.960038,
          19.03439,
          19.064335
        ]
      },
      {
        "date": "2024-10-11",
        "close": 18.957827,
        "volume": 80461,
        "typical_volume": 179195.05,
        "trend": 19.033554,
        "fair_value": 20.06326,
        "relative_strength": -12.676775,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -1.748393,
        "energy": 1.970811,
        "activity_lines": [
          18.982916,
          18.967055,
          19.018612,
          19.061562
        ]
      },
      {
        "date": "2024-10-18",
        "close": 19.098953,
        "volume": 123305,
        "typical_volume": 179048.95,
        "trend": 19.055462,
        "fair_value": 20.056031,
        "relative_strength": -13.915575,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.030668,
        "energy": 1.279091,
        "activity_lines": [
          19.017413,
          19.004222,
          19.016846,
          19.065782
        ]
      },
      {
        "date": "2024-10-25",
        "close": 19.475286,
        "volume": 170330,
        "typical_volume": 178041.0,
        "trend": 19.092741,
        "fair_value": 20.056201,
        "relative_strength": -11.424736,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.864966,
        "energy": 11.934249,
        "activity_lines": [
          19.167947,
          19.100176,
          19.05203,
          19.092867
        ]
      },
      {
        "date": "2024-11-01",
        "close": 18.957827,
        "volume": 56426,
        "typical_volume": 173403.45,
        "trend": 19.118424,
        "fair_value": 20.042082,
        "relative_strength": -11.394792,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -1.446659,
        "energy": 4.070182,
        "activity_lines": [
          19.127177,
          19.087108,
          19.037048,
          19.084163
        ]
      },
      {
        "date": "2024-11-08",
        "close": 19.098953,
        "volume": 84640,
        "typical_volume": 158873.3,
        "trend": 19.119135,
        "fair_value": 20.028868,
        "relative_strength": -13.348042,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 2.879165,
        "energy": 5.71856,
        "activity_lines": [
          19.127178,
          19.089544,
          19.037087,
          19.082907
        ]
      },
      {
        "date": "2024-11-15",
        "close": 18.863741,
        "volume": 133755,
        "typical_volume": 157356.3,
        "trend": 19.128963,
        "fair_value": 20.012152,
        "relative_strength": -11.186051,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.022972,
        "energy": 12.963881,
        "activity_lines": [
          19.042502,
          19.05191,
          19.017045,
          19.06643
        ]
      },
      {
        "date": "2024-11-22",
        "close": 18.910786,
        "volume": 22989,
        "typical_volume": 139686.25,
        "trend": 19.114923,
        "fair_value": 19.986761,
        "relative_strength": -11.362815,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.947454,
        "energy": 15.98144,
        "activity_lines": [
          18.97978,
          19.027106,
          19.004925,
          19.052354
        ]
      },
      {
        "date": "2024-11-29",
        "close": 18.628534,
        "volume": 62695,
        "typical_volume": 128362.15,
        "trend": 19.082995,
        "fair_value": 19.931135,
        "relative_strength": -9.615937,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.84162,
        "energy": 31.776296,
        "activity_lines": [
          18.835518,
          18.95184,
          18.969141,
          19.020974
        ]
      },
      {
        "date": "2024-12-06",
        "close": 18.628534,
        "volume": 48065,
        "typical_volume": 121068.8,
        "trend": 19.077918,
        "fair_value": 19.876008,
        "relative_strength": -12.780752,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.790017,
        "energy": 37.563193,
        "activity_lines": [
          18.747707,
          18.886836,
          18.936909,
          18.991654
        ]
      },
      {
        "date": "2024-12-13",
        "close": 18.628534,
        "volume": 78370,
        "typical_volume": 117012.0,
        "trend": 19.057295,
        "fair_value": 19.820881,
        "relative_strength": -11.614069,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.152146,
        "energy": 40.350981,
        "activity_lines": [
          18.681848,
          18.82611,
          18.908228,
          18.962661
        ]
      },
      {
        "date": "2024-12-20",
        "close": 17.875866,
        "volume": 39705,
        "typical_volume": 113030.15,
        "trend": 19.017236,
        "fair_value": 19.762176,
        "relative_strength": -12.722205,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.12549,
        "energy": 58.243465,
        "activity_lines": [
          18.396461,
          18.635377,
          18.80859,
          18.88644
        ]
      },
      {
        "date": "2024-12-27",
        "close": 18.440367,
        "volume": 35525,
        "typical_volume": 104880.35,
        "trend": 18.987516,
        "fair_value": 19.720056,
        "relative_strength": -12.375515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.479166,
        "energy": 46.781675,
        "activity_lines": [
          18.3651,
          18.566952,
          18.769042,
          18.849223
        ]
      },
      {
        "date": "2025-01-03",
        "close": 18.20516,
        "volume": 57472,
        "typical_volume": 101729.55,
        "trend": 18.951368,
        "fair_value": 19.678921,
        "relative_strength": -11.211983,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.964643,
        "energy": 45.386628,
        "activity_lines": [
          18.286698,
          18.467737,
          18.707706,
          18.798748
        ]
      },
      {
        "date": "2025-01-10",
        "close": 17.358406,
        "volume": 110765,
        "typical_volume": 103825.3,
        "trend": 18.886994,
        "fair_value": 19.633854,
        "relative_strength": -15.111601,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.727476,
        "energy": 63.136079,
        "activity_lines": [
          17.954269,
          18.23766,
          18.567862,
          18.695976
        ]
      },
      {
        "date": "2025-01-17",
        "close": 18.158117,
        "volume": 29256,
        "typical_volume": 96624.35,
        "trend": 18.839386,
        "fair_value": 19.591919,
        "relative_strength": -11.17558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.912354,
        "energy": 45.495512,
        "activity_lines": [
          17.973086,
          18.182065,
          18.509138,
          18.648952
        ]
      },
      {
        "date": "2025-01-24",
        "close": 18.487408,
        "volume": 37617,
        "typical_volume": 73093.45,
        "trend": 18.802754,
        "fair_value": 19.573289,
        "relative_strength": -10.374174,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.122501,
        "energy": 33.581711,
        "activity_lines": [
          18.133028,
          18.203448,
          18.486961,
          18.626244
        ]
      },
      {
        "date": "2025-02-07",
        "close": 18.158117,
        "volume": 35796,
        "typical_volume": 71644.0,
        "trend": 18.755146,
        "fair_value": 19.556538,
        "relative_strength": -11.183178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.369843,
        "energy": 29.835821,
        "activity_lines": [
          18.142436,
          18.171802,
          18.436335,
          18.584654
        ]
      },
      {
        "date": "2025-02-14",
        "close": 18.581493,
        "volume": 170966,
        "typical_volume": 75699.0,
        "trend": 18.728716,
        "fair_value": 19.541503,
        "relative_strength": -7.280184,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.314562,
        "energy": 15.52968,
        "activity_lines": [
          18.311786,
          18.230818,
          18.429839,
          18.573451
        ]
      },
      {
        "date": "2025-02-21",
        "close": 18.769659,
        "volume": 193844,
        "typical_volume": 81263.7,
        "trend": 18.708559,
        "fair_value": 19.49152,
        "relative_strength": -8.091446,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.019782,
        "energy": 14.115686,
        "activity_lines": [
          18.51877,
          18.324901,
          18.444175,
          18.576092
        ]
      },
      {
        "date": "2025-02-28",
        "close": 19.05191,
        "volume": 126442,
        "typical_volume": 84921.2,
        "trend": 18.717594,
        "fair_value": 19.429133,
        "relative_strength": -3.413421,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.777844,
        "energy": 11.952734,
        "activity_lines": [
          18.725754,
          18.467737,
          18.485841,
          18.598244
        ]
      },
      {
        "date": "2025-03-07",
        "close": 18.487408,
        "volume": 21336,
        "typical_volume": 81964.95,
        "trend": 18.69368,
        "fair_value": 19.324978,
        "relative_strength": -3.804505,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.059798,
        "energy": 12.84103,
        "activity_lines": [
          18.684984,
          18.500238,
          18.47352,
          18.583393
        ]
      },
      {
        "date": "2025-03-14",
        "close": 18.252199,
        "volume": 21580,
        "typical_volume": 76878.7,
        "trend": 18.683124,
        "fair_value": 19.22505,
        "relative_strength": -2.16183,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.093195,
        "energy": 12.084343,
        "activity_lines": [
          18.565811,
          18.478856,
          18.441039,
          18.554911
        ]
      },
      {
        "date": "2025-03-21",
        "close": 17.922907,
        "volume": 98183,
        "typical_volume": 73271.35,
        "trend": 18.658765,
        "fair_value": 19.157671,
        "relative_strength": -4.740468,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.816484,
        "energy": 18.052137,
        "activity_lines": [
          18.330602,
          18.401023,
          18.381229,
          18.505864
        ]
      },
      {
        "date": "2025-03-28",
        "close": 16.887989,
        "volume": 87928,
        "typical_volume": 74846.45,
        "trend": 18.608387,
        "fair_value": 19.051242,
        "relative_strength": -7.449284,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -69.897238,
        "energy": 56.517535,
        "activity_lines": [
          17.794326,
          18.140155,
          18.230247,
          18.391621
        ]
      },
      {
        "date": "2025-04-04",
        "close": 16.935032,
        "volume": 25727,
        "typical_volume": 71900.8,
        "trend": 18.531315,
        "fair_value": 18.939629,
        "relative_strength": -5.628821,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.717026,
        "energy": 69.429917,
        "activity_lines": [
          17.399176,
          17.896393,
          18.093602,
          18.283662
        ]
      },
      {
        "date": "2025-04-11",
        "close": 15.523779,
        "volume": 168414,
        "typical_volume": 73633.75,
        "trend": 18.412142,
        "fair_value": 18.84565,
        "relative_strength": -5.440493,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.572303,
        "energy": 83.909056,
        "activity_lines": [
          16.674734,
          17.418278,
          17.832856,
          18.089628
        ]
      },
      {
        "date": "2025-04-18",
        "close": 16.793905,
        "volume": 385005,
        "typical_volume": 91734.55,
        "trend": 18.340011,
        "fair_value": 18.758815,
        "relative_strength": 3.129238,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.309275,
        "energy": 75.180686,
        "activity_lines": [
          16.571241,
          17.224979,
          17.70898,
          17.985225
        ]
      },
      {
        "date": "2025-04-25",
        "close": 15.853071,
        "volume": 383483,
        "typical_volume": 107773.95,
        "trend": 18.228679,
        "fair_value": 18.680411,
        "relative_strength": -4.653886,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.536635,
        "energy": 78.234981,
        "activity_lines": [
          16.251358,
          16.885423,
          17.50558,
          17.824778
        ]
      },
      {
        "date": "2025-05-02",
        "close": 16.276447,
        "volume": 156799,
        "typical_volume": 113210.65,
        "trend": 18.142436,
        "fair_value": 18.618747,
        "relative_strength": -6.03194,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.482619,
        "energy": 65.318054,
        "activity_lines": [
          16.210588,
          16.672453,
          17.355719,
          17.698827
        ]
      },
      {
        "date": "2025-05-09",
        "close": 16.60574,
        "volume": 153794,
        "typical_volume": 116981.85,
        "trend": 18.062465,
        "fair_value": 18.558942,
        "relative_strength": -4.340718,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.067687,
        "energy": 44.337904,
        "activity_lines": [
          16.320353,
          16.564684,
          17.248419,
          17.599686
        ]
      },
      {
        "date": "2025-05-16",
        "close": 16.511656,
        "volume": 257089,
        "typical_volume": 127851.05,
        "trend": 17.980926,
        "fair_value": 18.505555,
        "relative_strength": -8.606709,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.002497,
        "energy": 39.580602,
        "activity_lines": [
          16.420709,
          16.484286,
          17.141791,
          17.499633
        ]
      },
      {
        "date": "2025-05-23",
        "close": 16.08828,
        "volume": 170584,
        "typical_volume": 134604.0,
        "trend": 17.88057,
        "fair_value": 18.455724,
        "relative_strength": -9.822323,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.448936,
        "energy": 37.945127,
        "activity_lines": [
          16.314081,
          16.362833,
          17.001338,
          17.377527
        ]
      },
      {
        "date": "2025-05-30",
        "close": 16.652781,
        "volume": 838992,
        "typical_volume": 173680.0,
        "trend": 17.786487,
        "fair_value": 18.41277,
        "relative_strength": -5.093241,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.334011,
        "energy": 26.840689,
        "activity_lines": [
          16.442661,
          16.38336,
          16.925847,
          17.298315
        ]
      },
      {
        "date": "2025-06-06",
        "close": 16.229404,
        "volume": 189970,
        "typical_volume": 177640.25,
        "trend": 17.695539,
        "fair_value": 18.369109,
        "relative_strength": -8.493663,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -43.686073,
        "energy": 27.900099,
        "activity_lines": [
          16.376802,
          16.350003,
          16.817427,
          17.197858
        ]
      },
      {
        "date": "2025-06-13",
        "close": 16.135323,
        "volume": 176732,
        "typical_volume": 185014.05,
        "trend": 17.596752,
        "fair_value": 18.29651,
        "relative_strength": -10.404654,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.698942,
        "energy": 32.529257,
        "activity_lines": [
          16.282719,
          16.311515,
          16.705423,
          17.097199
        ]
      },
      {
        "date": "2025-06-20",
        "close": 16.08828,
        "volume": 258809,
        "typical_volume": 196073.65,
        "trend": 17.504236,
        "fair_value": 18.232385,
        "relative_strength": -10.286287,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.059297,
        "energy": 30.758528,
        "activity_lines": [
          16.204316,
          16.279013,
          16.598571,
          16.999878
        ]
      },
      {
        "date": "2025-06-27",
        "close": 15.664905,
        "volume": 69754,
        "typical_volume": 197771.55,
        "trend": 17.39604,
        "fair_value": 18.173821,
        "relative_strength": -14.413729,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.294889,
        "energy": 39.773938,
        "activity_lines": [
          16.013014,
          16.15927,
          16.462822,
          16.881212
        ]
      },
      {
        "date": "2025-07-04",
        "close": 15.711946,
        "volume": 78268,
        "typical_volume": 193136.65,
        "trend": 17.298821,
        "fair_value": 18.133112,
        "relative_strength": -13.71836,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.921415,
        "energy": 44.388283,
        "activity_lines": [
          15.865616,
          16.068608,
          16.343425,
          16.77256
        ]
      },
      {
        "date": "2025-07-11",
        "close": 15.476736,
        "volume": 136106,
        "typical_volume": 190249.75,
        "trend": 17.193761,
        "fair_value": 18.092149,
        "relative_strength": -15.465988,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.839308,
        "energy": 57.195074,
        "activity_lines": [
          15.702537,
          15.937746,
          16.215293,
          16.655006
        ]
      },
      {
        "date": "2025-07-18",
        "close": 15.664905,
        "volume": 123239,
        "typical_volume": 190089.6,
        "trend": 17.094973,
        "fair_value": 18.052141,
        "relative_strength": -16.471398,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.605758,
        "energy": 58.646045,
        "activity_lines": [
          15.65236,
          15.855637,
          16.120761,
          16.556371
        ]
      },
      {
        "date": "2025-07-25",
        "close": 15.711946,
        "volume": 72175,
        "typical_volume": 192631.55,
        "trend": 17.022843,
        "fair_value": 18.017701,
        "relative_strength": -15.800618,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.336233,
        "energy": 51.150126,
        "activity_lines": [
          15.649224,
          15.799187,
          16.046838,
          16.467143
        ]
      },
      {
        "date": "2025-08-01",
        "close": 17.107149,
        "volume": 153327,
        "typical_volume": 199218.9,
        "trend": 16.978402,
        "fair_value": 17.988944,
        "relative_strength": -8.334838,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.423802,
        "energy": 14.296657,
        "activity_lines": [
          16.136244,
          16.01095,
          16.119009,
          16.472582
        ]
      },
      {
        "date": "2025-08-08",
        "close": 16.464613,
        "volume": 292599,
        "typical_volume": 208939.7,
        "trend": 16.920384,
        "fair_value": 17.955317,
        "relative_strength": -13.511003,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.225596,
        "energy": 16.327306,
        "activity_lines": [
          16.312936,
          16.087364,
          16.135438,
          16.439434
        ]
      },
      {
        "date": "2025-08-15",
        "close": 16.08828,
        "volume": 180475,
        "typical_volume": 213567.05,
        "trend": 16.878046,
        "fair_value": 17.925295,
        "relative_strength": -16.161093,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.302357,
        "energy": 17.895899,
        "activity_lines": [
          16.314006,
          16.098775,
          16.12297,
          16.38575
        ]
      },
      {
        "date": "2025-08-22",
        "close": 16.271,
        "volume": 164991,
        "typical_volume": 220530.25,
        "trend": 16.815142,
        "fair_value": 17.891429,
        "relative_strength": -12.856428,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -12.703363,
        "energy": 14.775599,
        "activity_lines": [
          16.335214,
          16.145973,
          16.131712,
          16.346586
        ]
      },
      {
        "date": "2025-08-29",
        "close": 16.172089,
        "volume": 206537,
        "typical_volume": 222436.4,
        "trend": 16.737965,
        "fair_value": 17.859938,
        "relative_strength": -14.720886,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.781703,
        "energy": 8.844142,
        "activity_lines": [
          16.283044,
          16.172721,
          16.134196,
          16.305099
        ]
      },
      {
        "date": "2025-09-05",
        "close": 16.320456,
        "volume": 77120,
        "typical_volume": 207042.15,
        "trend": 16.67671,
        "fair_value": 17.831154,
        "relative_strength": -14.440806,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.850031,
        "energy": 6.979845,
        "activity_lines": [
          16.249654,
          16.224921,
          16.147723,
          16.278163
        ]
      },
      {
        "date": "2025-09-12",
        "close": 15.726984,
        "volume": 69665,
        "typical_volume": 191351.25,
        "trend": 16.581559,
        "fair_value": 17.801324,
        "relative_strength": -20.184625,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.257988,
        "energy": 18.610291,
        "activity_lines": [
          16.070886,
          16.157298,
          16.106983,
          16.21689
        ]
      },
      {
        "date": "2025-09-19",
        "close": 16.02372,
        "volume": 82706,
        "typical_volume": 187646.6,
        "trend": 16.490028,
        "fair_value": 17.769634,
        "relative_strength": -18.512532,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.423018,
        "energy": 17.873174,
        "activity_lines": [
          16.040205,
          16.143353,
          16.095104,
          16.1809
        ]
      },
      {
        "date": "2025-09-26",
        "close": 16.122631,
        "volume": 56025,
        "typical_volume": 182758.15,
        "trend": 16.392385,
        "fair_value": 17.736824,
        "relative_strength": -17.529205,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.174756,
        "energy": 16.472196,
        "activity_lines": [
          16.046799,
          16.137447,
          16.093849,
          16.157197
        ]
      },
      {
        "date": "2025-10-03",
        "close": 16.02372,
        "volume": 110036,
        "typical_volume": 175405.5,
        "trend": 16.310262,
        "fair_value": 17.710149,
        "relative_strength": -21.199955,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.239045,
        "energy": 17.840291,
        "activity_lines": [
          16.030314,
          16.105235,
          16.085474,
          16.133413
        ]
      },
      {
        "date": "2025-10-10",
        "close": 15.875352,
        "volume": 163089,
        "typical_volume": 175030.75,
        "trend": 16.231034,
        "fair_value": 17.710358,
        "relative_strength": -22.948388,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.265746,
        "energy": 20.986196,
        "activity_lines": [
          15.974264,
          16.040378,
          16.065293,
          16.105354
        ]
      },
      {
        "date": "2025-10-17",
        "close": 15.974263,
        "volume": 168814,
        "typical_volume": 141521.85,
        "trend": 16.166079,
        "fair_value": 17.709195,
        "relative_strength": -21.987097,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.808499,
        "energy": 20.019779,
        "activity_lines": [
          15.980858,
          16.015902,
          16.055546,
          16.088788
        ]
      },
      {
        "date": "2025-10-24",
        "close": 16.122631,
        "volume": 92403,
        "typical_volume": 136643.5,
        "trend": 16.140567,
        "fair_value": 17.716254,
        "relative_strength": -21.461673,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.068074,
        "energy": 17.221029,
        "activity_lines": [
          16.020422,
          16.027316,
          16.063159,
          16.085985
        ]
      },
      {
        "date": "2025-10-31",
        "close": 15.875352,
        "volume": 85430,
        "typical_volume": 132078.4,
        "trend": 16.105245,
        "fair_value": 17.724236,
        "relative_strength": -24.054149,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.156832,
        "energy": 20.042238,
        "activity_lines": [
          15.970966,
          15.993147,
          16.047731,
          16.068874
        ]
      },
      {
        "date": "2025-11-07",
        "close": 15.578617,
        "volume": 44124,
        "typical_volume": 121344.15,
        "trend": 16.107073,
        "fair_value": 17.733325,
        "relative_strength": -23.370197,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.153483,
        "energy": 31.877665,
        "activity_lines": [
          15.839084,
          15.912219,
          16.005281,
          16.034898
        ]
      },
      {
        "date": "2025-11-14",
        "close": 15.974263,
        "volume": 41174,
        "typical_volume": 119915.15,
        "trend": 16.079751,
        "fair_value": 17.725893,
        "relative_strength": -20.220457,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.973286,
        "energy": 25.820999,
        "activity_lines": [
          15.868758,
          15.914017,
          16.002938,
          16.02633
        ]
      },
      {
        "date": "2025-11-21",
        "close": 15.479705,
        "volume": 102068,
        "typical_volume": 121105.15,
        "trend": 16.067306,
        "fair_value": 17.718299,
        "relative_strength": -19.357907,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -57.334297,
        "energy": 42.900489,
        "activity_lines": [
          15.726984,
          15.83219,
          15.952021,
          15.987617
        ]
      },
      {
        "date": "2025-11-28",
        "close": 15.776441,
        "volume": 47009,
        "typical_volume": 116650.3,
        "trend": 16.050639,
        "fair_value": 17.712859,
        "relative_strength": -20.823025,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.388583,
        "energy": 38.074744,
        "activity_lines": [
          15.717093,
          15.808811,
          15.93047,
          15.968852
        ]
      },
      {
        "date": "2025-12-05",
        "close": 16.468822,
        "volume": 1362182,
        "typical_volume": 178597.45,
        "trend": 16.046075,
        "fair_value": 17.708346,
        "relative_strength": -17.851435,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.623027,
        "energy": 7.284093,
        "activity_lines": [
          15.961075,
          15.915816,
          15.973434,
          15.995831
        ]
      },
      {
        "date": "2025-12-12",
        "close": 17.804132,
        "volume": 1603210,
        "typical_volume": 255149.2,
        "trend": 16.089158,
        "fair_value": 17.710387,
        "relative_strength": -11.466356,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "up",
        "direction": 69.911773,
        "energy": 50.986473,
        "activity_lines": [
          16.610596,
          16.25931,
          16.139742,
          16.109254
        ]
      },
      {
        "date": "2025-12-19",
        "close": 17.210661,
        "volume": 636731,
        "typical_volume": 279319.4,
        "trend": 16.12657,
        "fair_value": 17.705363,
        "relative_strength": -12.423787,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.843548,
        "energy": 58.063345,
        "activity_lines": [
          16.913926,
          16.462528,
          16.239565,
          16.181609
        ]
      },
      {
        "date": "2025-12-26",
        "close": 18.644884,
        "volume": 1078306,
        "typical_volume": 318604.75,
        "trend": 16.192974,
        "fair_value": 17.709534,
        "relative_strength": -7.628434,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.849707,
        "energy": 77.007259,
        "activity_lines": [
          17.612903,
          16.902237,
          16.475489,
          16.344081
        ]
      },
      {
        "date": "2026-01-02",
        "close": 18.001957,
        "volume": 564000,
        "typical_volume": 337781.0,
        "trend": 16.252059,
        "fair_value": 17.710836,
        "relative_strength": -12.801363,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.150496,
        "energy": 74.248157,
        "activity_lines": [
          17.886559,
          17.176492,
          16.639799,
          16.46079
        ]
      },
      {
        "date": "2026-01-09",
        "close": 18.051413,
        "volume": 2277884,
        "typical_volume": 443425.65,
        "trend": 16.315928,
        "fair_value": 17.720481,
        "relative_strength": -14.810107,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.212411,
        "energy": 68.306189,
        "activity_lines": [
          18.028333,
          17.42557,
          16.799707,
          16.576877
        ]
      },
      {
        "date": "2026-01-16",
        "close": 17.606308,
        "volume": 687673,
        "typical_volume": 467482.45,
        "trend": 16.366529,
        "fair_value": 17.71699,
        "relative_strength": -19.443787,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.866001,
        "energy": 54.360175,
        "activity_lines": [
          17.916233,
          17.554155,
          16.908745,
          16.660127
        ]
      },
      {
        "date": "2026-01-23",
        "close": 17.457941,
        "volume": 405573,
        "typical_volume": 483905.1,
        "trend": 16.426297,
        "fair_value": 17.713552,
        "relative_strength": -20.984007,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.545795,
        "energy": 36.306206,
        "activity_lines": [
          17.767865,
          17.618898,
          16.996824,
          16.730541
        ]
      },
      {
        "date": "2026-01-30",
        "close": 16.963383,
        "volume": 285723,
        "typical_volume": 494708.0,
        "trend": 16.468012,
        "fair_value": 17.703182,
        "relative_strength": -22.916556,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.371374,
        "energy": 23.349301,
        "activity_lines": [
          17.438159,
          17.566744,
          17.032385,
          16.765192
        ]
      },
      {
        "date": "2026-02-06",
        "close": 16.815014,
        "volume": 260849,
        "typical_volume": 503615.15,
        "trend": 16.512621,
        "fair_value": 17.691109,
        "relative_strength": -22.384233,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.927933,
        "energy": 18.558147,
        "activity_lines": [
          17.171097,
          17.460639,
          17.047928,
          16.787579
        ]
      },
      {
        "date": "2026-02-13",
        "close": 17.754679,
        "volume": 358854,
        "typical_volume": 518756.6,
        "trend": 16.58228,
        "fair_value": 17.687567,
        "relative_strength": -21.887687,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.353717,
        "energy": 18.709422,
        "activity_lines": [
          17.296386,
          17.506498,
          17.149195,
          16.867712
        ]
      },
      {
        "date": "2026-02-27",
        "close": 17.35903,
        "volume": 264118,
        "typical_volume": 526460.7,
        "trend": 16.637183,
        "fair_value": 17.67873,
        "relative_strength": -26.903863,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.832415,
        "energy": 15.806833,
        "activity_lines": [
          17.309574,
          17.457043,
          17.20501,
          16.917825
        ]
      },
      {
        "date": "2026-03-06",
        "close": 17.309574,
        "volume": 266240,
        "typical_volume": 531618.25,
        "trend": 16.64393,
        "fair_value": 17.669075,
        "relative_strength": -22.482985,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.825055,
        "energy": 14.533529,
        "activity_lines": [
          17.322763,
          17.406687,
          17.249756,
          16.961205
        ]
      },
      {
        "date": "2026-03-13",
        "close": 17.507399,
        "volume": 183567,
        "typical_volume": 532355.9,
        "trend": 16.67869,
        "fair_value": 17.665452,
        "relative_strength": -20.451019,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.141025,
        "energy": 21.896761,
        "activity_lines": [
          17.411784,
          17.390502,
          17.306512,
          17.016912
        ]
      },
      {
        "date": "2026-03-20",
        "close": 16.913927,
        "volume": 241876,
        "typical_volume": 539829.55,
        "trend": 16.706212,
        "fair_value": 17.662038,
        "relative_strength": -22.740034,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.840814,
        "energy": 8.869273,
        "activity_lines": [
          17.266713,
          17.287094,
          17.299447,
          17.032089
        ]
      },
      {
        "date": "2026-03-27",
        "close": 17.556854,
        "volume": 129245,
        "typical_volume": 542020.3,
        "trend": 16.749073,
        "fair_value": 17.659735,
        "relative_strength": -18.090652,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.871757,
        "energy": 15.655995,
        "activity_lines": [
          17.329357,
          17.320365,
          17.349845,
          17.086969
        ]
      },
      {
        "date": "2026-04-03",
        "close": 16.815014,
        "volume": 106468,
        "typical_volume": 545137.5,
        "trend": 16.770504,
        "fair_value": 17.652175,
        "relative_strength": -19.616622,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.406523,
        "energy": 6.770621,
        "activity_lines": [
          17.157909,
          17.227747,
          17.321585,
          17.091223
        ]
      },
      {
        "date": "2026-04-10",
        "close": 18.892164,
        "volume": 995139,
        "typical_volume": 592835.75,
        "trend": 16.856228,
        "fair_value": 17.661191,
        "relative_strength": -16.286388,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 63.937062,
        "energy": 36.765483,
        "activity_lines": [
          17.715113,
          17.52718,
          17.48526,
          17.228105
        ]
      },
      {
        "date": "2026-04-17",
        "close": 23.145372,
        "volume": 8791134,
        "typical_volume": 1027289.05,
        "trend": 17.103507,
        "fair_value": 17.697219,
        "relative_strength": -0.806482,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.29449,
        "energy": 82.15634,
        "activity_lines": [
          19.584546,
          18.573847,
          18.040109,
          17.633856
        ]
      },
      {
        "date": "2026-04-24",
        "close": 19.238356,
        "volume": 3322057,
        "typical_volume": 1191041.45,
        "trend": 17.210662,
        "fair_value": 17.707702,
        "relative_strength": -21.168487,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.335783,
        "energy": 66.875561,
        "activity_lines": [
          19.775776,
          18.797748,
          18.186357,
          17.771588
        ]
      },
      {
        "date": "2026-05-01",
        "close": 20.771488,
        "volume": 2218049,
        "typical_volume": 1233834.8,
        "trend": 17.365624,
        "fair_value": 17.730268,
        "relative_strength": -14.178261,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.218635,
        "energy": 71.733696,
        "activity_lines": [
          20.323088,
          19.256339,
          18.462133,
          18.001319
        ]
      },
      {
        "date": "2026-05-08",
        "close": 22.304623,
        "volume": 2127749,
        "typical_volume": 1260061.75,
        "trend": 17.574987,
        "fair_value": 17.761409,
        "relative_strength": -13.110819,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.233765,
        "energy": 76.727146,
        "activity_lines": [
          21.167136,
          19.938831,
          18.863432,
          18.319964
        ]
      },
      {
        "date": "2026-05-15",
        "close": 23.19483,
        "volume": 8653549,
        "typical_volume": 1660902.65,
        "trend": 17.81897,
        "fair_value": 17.796752,
        "relative_strength": -8.034824,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.221512,
        "energy": 53.253714,
        "activity_lines": [
          21.941946,
          20.693259,
          19.328082,
          18.682534
        ]
      },
      {
        "date": "2026-05-22",
        "close": 24.925787,
        "volume": 3011382,
        "typical_volume": 1757556.45,
        "trend": 18.117354,
        "fair_value": 17.850463,
        "relative_strength": -3.228553,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.569026,
        "energy": 67.941246,
        "activity_lines": [
          23.006897,
          21.655401,
          19.92909,
          19.141039
        ]
      },
      {
        "date": "2026-05-29",
        "close": 26.7062,
        "volume": 4581828,
        "typical_volume": 1958447.85,
        "trend": 18.47014,
        "fair_value": 17.913831,
        "relative_strength": -1.576181,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.594726,
        "energy": 77.822857,
        "activity_lines": [
          24.546625,
          22.806376,
          20.669751,
          19.695158
        ]
      },
      {
        "date": "2026-06-05",
        "close": 27.002935,
        "volume": 3551421,
        "typical_volume": 2022124.7,
        "trend": 18.841059,
        "fair_value": 17.97534,
        "relative_strength": -0.658938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.774603,
        "energy": 77.507851,
        "activity_lines": [
          25.687408,
          23.83326,
          21.397224,
          20.245661
        ]
      },
      {
        "date": "2026-06-12",
        "close": 27.299671,
        "volume": 9193738,
        "typical_volume": 2447427.95,
        "trend": 19.231761,
        "fair_value": 18.035491,
        "relative_strength": 2.913988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.245524,
        "energy": 74.56213,
        "activity_lines": [
          26.511673,
          24.74235,
          22.110331,
          20.791378
        ]
      },
      {
        "date": "2026-06-19",
        "close": 35.459896,
        "volume": 16381922,
        "typical_volume": 3246245.4,
        "trend": 19.881282,
        "fair_value": 18.14745,
        "relative_strength": 26.93978,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.636133,
        "energy": 89.550789,
        "activity_lines": [
          29.72301,
          26.944487,
          23.554444,
          21.838354
        ]
      },
      {
        "date": "2026-06-26",
        "close": 41.493523,
        "volume": 11873754,
        "typical_volume": 3825646.95,
        "trend": 20.748409,
        "fair_value": 18.304355,
        "relative_strength": 53.858991,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.640989,
        "energy": 95.096337,
        "activity_lines": [
          34.127885,
          29.942416,
          25.487465,
          23.232692
        ]
      },
      {
        "date": "2026-07-03",
        "close": 39.614197,
        "volume": 20327830,
        "typical_volume": 4828996.0,
        "trend": 21.543001,
        "fair_value": 18.449714,
        "relative_strength": 39.277077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.707772,
        "energy": 90.560555,
        "activity_lines": [
          36.801803,
          32.265046,
          27.124691,
          24.44984
        ]
      },
      {
        "date": "2026-07-10",
        "close": 38.031609,
        "volume": 15929120,
        "typical_volume": 5607509.3,
        "trend": 22.261761,
        "fair_value": 18.587687,
        "relative_strength": 37.301698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.722709,
        "energy": 85.736337,
        "activity_lines": [
          38.087658,
          33.929463,
          28.502628,
          25.513621
        ]
      },
      {
        "date": "2026-07-17",
        "close": 32.838734,
        "volume": 10951408,
        "typical_volume": 6141873.8,
        "trend": 22.762914,
        "fair_value": 18.692373,
        "relative_strength": 25.656185,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.286346,
        "energy": 62.380704,
        "activity_lines": [
          36.907309,
          34.335901,
          29.289448,
          26.196006
        ]
      },
      {
        "date": "2026-07-24",
        "close": 31.701248,
        "volume": 9521091,
        "typical_volume": 6604616.35,
        "trend": 23.245934,
        "fair_value": 18.790268,
        "relative_strength": 18.361514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.077406,
        "energy": 49.663153,
        "activity_lines": [
          34.978528,
          34.343993,
          29.894223,
          26.772673
        ]
      },
      {
        "date": "2026-07-31",
        "close": 29.700001,
        "volume": 2903329,
        "typical_volume": 6740604.45,
        "trend": 23.614438,
        "fair_value": 18.870046,
        "relative_strength": 12.208273,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.599003,
        "energy": 29.598736,
        "activity_lines": [
          32.633241,
          33.833561,
          30.239872,
          27.189064
        ]
      },
      {
        "date": "2026-08-07",
        "close": 29.0,
        "volume": 2695346,
        "typical_volume": 6863277.95,
        "trend": 23.981039,
        "fair_value": 18.949957,
        "relative_strength": 7.07243,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.003555,
        "energy": 25.866924,
        "activity_lines": [
          30.840855,
          33.109051,
          30.460793,
          27.53652
        ]
      },
      {
        "date": "2026-08-14",
        "close": 33.450001,
        "volume": 4716100,
        "typical_volume": 7092620.7,
        "trend": 24.494325,
        "fair_value": 19.058393,
        "relative_strength": 19.061888,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.125589,
        "energy": 24.396837,
        "activity_lines": [
          31.239416,
          33.151928,
          31.047972,
          28.147421
        ]
      }
    ],
    "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."
    }
  }
}