{
  "ticker": {
    "uuid": "cb0e781e-f530-433f-a546-6e4a89fec2a3",
    "symbol": "6492",
    "name": "Senhwa Biosciences, Inc.",
    "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": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -68.748,
    "architecture_energy": 85.555,
    "architecture_maturity": 25.229,
    "architecture_confidence": 91.662,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 7.68,
        "rotation_up": 10.99,
        "upward_expansion": 21.46,
        "deceleration": 37.16,
        "rotation_down": 76.87,
        "downward_expansion": 97.12
      },
      "activity_lines": [
        39.005085,
        40.692127,
        43.121897,
        45.328344
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 38.799999,
    "trend_reference": 47.922938,
    "distance_from_trend": -0.190367,
    "trend_direction": "Weakening",
    "fair_value": 44.593514,
    "distance_from_fair_value": -0.129918,
    "fair_value_direction": "Weakening",
    "relative_strength": -38.339799,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.289377,
    "excess_performance": -0.730749,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.190367,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.00261,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.129918,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.190615,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.383398,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.149704,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.289377,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.179136,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1523244,
      "relative_activity": 1.136723,
      "balance": 0.179136,
      "dry_up": 1.052607,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.074918,
      "annualized_volatility": 0.382862,
      "from_high_reference": -0.416541,
      "from_low_reference": 0.105413
    },
    "levels": {
      "trend_reference": 47.922938,
      "fair_value_reference": 44.593514,
      "structural_low": 36.900002,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 37,
        "median_return": -0.034321,
        "positive_rate": 0.432432,
        "directional_follow_through": 0.567568,
        "median_excess_return": -0.030687,
        "regime_survival": 0.864865,
        "best_return": 0.279597,
        "worst_return": -0.35316,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 13,
        "median_return": -0.106178,
        "positive_rate": 0.461538,
        "directional_follow_through": 0.538462,
        "median_excess_return": -0.101806,
        "regime_survival": 0.692308,
        "best_return": 0.216814,
        "worst_return": -0.261728,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.028428,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.040903,
        "regime_survival": 0.428571,
        "best_return": 0.31825,
        "worst_return": -0.401401,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.126428,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.323243,
        "regime_survival": 0.5,
        "best_return": 0.173302,
        "worst_return": -0.561905,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-04",
        "end": "2024-11-01",
        "tenure": "Developing",
        "return": -0.045802,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-08",
        "end": "2024-11-29",
        "tenure": "New",
        "return": -0.052469,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-12-06",
        "end": "2024-12-27",
        "tenure": "New",
        "return": 0.002265,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-03",
        "end": "2025-05-30",
        "tenure": "Established",
        "return": -0.180851,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-06-06",
        "end": "2025-06-13",
        "tenure": "New",
        "return": 0.045455,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-20",
        "end": "2025-07-25",
        "tenure": "Developing",
        "return": 0.06525,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-01",
        "end": "2025-09-19",
        "tenure": "Developing",
        "return": 0.14,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-09-26",
        "end": "2025-10-03",
        "tenure": "New",
        "return": -0.035109,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-10",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": 0.030928,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": 0.322235,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-30",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": -0.175336,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": -0.20979,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-06-05",
        "end": "2026-07-10",
        "tenure": "Developing",
        "return": -0.002247,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-17",
        "end": "2026-08-14",
        "tenure": "Developing",
        "return": -0.10289,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 42.400002,
        "volume": 495000,
        "typical_volume": 617450.0,
        "trend": 52.788333,
        "fair_value": 114.640005,
        "relative_strength": -27.919953,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.221081,
        "energy": 94.050694,
        "activity_lines": [
          43.906667,
          45.943636,
          48.177857,
          50.127634
        ]
      },
      {
        "date": "2023-08-18",
        "close": 42.700001,
        "volume": 687000,
        "typical_volume": 614800.0,
        "trend": 52.285,
        "fair_value": 114.063777,
        "relative_strength": -25.910714,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.104522,
        "energy": 89.860742,
        "activity_lines": [
          43.236667,
          45.075454,
          47.488571,
          49.476774
        ]
      },
      {
        "date": "2023-08-25",
        "close": 41.599998,
        "volume": 387000,
        "typical_volume": 617300.0,
        "trend": 51.735,
        "fair_value": 113.251545,
        "relative_strength": -27.668125,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.382472,
        "energy": 92.150909,
        "activity_lines": [
          42.506667,
          44.161818,
          46.749285,
          48.787419
        ]
      },
      {
        "date": "2023-09-01",
        "close": 46.299999,
        "volume": 2382000,
        "typical_volume": 706100.0,
        "trend": 51.231667,
        "fair_value": 112.610577,
        "relative_strength": -19.569485,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.988344,
        "energy": 61.691366,
        "activity_lines": [
          43.603333,
          44.254545,
          46.522381,
          48.436774
        ]
      },
      {
        "date": "2023-09-08",
        "close": 45.549999,
        "volume": 773000,
        "typical_volume": 696750.0,
        "trend": 50.793333,
        "fair_value": 111.953846,
        "relative_strength": -19.71029,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.649701,
        "energy": 45.480074,
        "activity_lines": [
          44.369999,
          44.275454,
          46.266428,
          48.070215
        ]
      },
      {
        "date": "2023-09-15",
        "close": 43.450001,
        "volume": 461000,
        "typical_volume": 673800.0,
        "trend": 50.305,
        "fair_value": 111.081731,
        "relative_strength": -24.271209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.658277,
        "energy": 41.693621,
        "activity_lines": [
          44.283333,
          44.015454,
          45.840714,
          47.596452
        ]
      },
      {
        "date": "2023-09-22",
        "close": 46.0,
        "volume": 236000,
        "typical_volume": 658900.0,
        "trend": 49.911667,
        "fair_value": 110.030449,
        "relative_strength": -16.3996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.946917,
        "energy": 24.657773,
        "activity_lines": [
          44.976666,
          44.321818,
          45.7,
          47.31871
        ]
      },
      {
        "date": "2023-09-29",
        "close": 43.0,
        "volume": 134000,
        "typical_volume": 643900.0,
        "trend": 49.311667,
        "fair_value": 108.328525,
        "relative_strength": -21.282061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.335537,
        "energy": 33.603806,
        "activity_lines": [
          44.45,
          44.106364,
          45.304047,
          46.872796
        ]
      },
      {
        "date": "2023-10-06",
        "close": 43.950001,
        "volume": 357000,
        "typical_volume": 645100.0,
        "trend": 48.843333,
        "fair_value": 106.940384,
        "relative_strength": -19.864443,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.695551,
        "energy": 32.362332,
        "activity_lines": [
          44.146667,
          44.109091,
          45.027857,
          46.526882
        ]
      },
      {
        "date": "2023-10-13",
        "close": 43.5,
        "volume": 211000,
        "typical_volume": 595900.0,
        "trend": 48.4,
        "fair_value": 105.437179,
        "relative_strength": -21.447147,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.352266,
        "energy": 36.105632,
        "activity_lines": [
          43.85,
          44.050909,
          44.735,
          46.18215
        ]
      },
      {
        "date": "2023-10-20",
        "close": 44.299999,
        "volume": 1044000,
        "typical_volume": 628800.0,
        "trend": 47.97,
        "fair_value": 103.987179,
        "relative_strength": -17.961227,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.184082,
        "energy": 34.725195,
        "activity_lines": [
          43.956667,
          44.133636,
          44.560714,
          45.917634
        ]
      },
      {
        "date": "2023-10-27",
        "close": 54.400002,
        "volume": 6704000,
        "typical_volume": 944650.0,
        "trend": 47.976667,
        "fair_value": 102.688461,
        "relative_strength": 2.489347,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 16.220977,
        "energy": 20.277007,
        "activity_lines": [
          47.373334,
          46.018182,
          45.384048,
          46.332473
        ]
      },
      {
        "date": "2023-11-03",
        "close": 59.400002,
        "volume": 34987000,
        "typical_volume": 2667150.0,
        "trend": 48.116667,
        "fair_value": 101.636538,
        "relative_strength": 9.08038,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 47.352855,
        "energy": 64.194297,
        "activity_lines": [
          51.896668,
          48.599092,
          46.668334,
          47.069462
        ]
      },
      {
        "date": "2023-11-10",
        "close": 54.099998,
        "volume": 12441000,
        "typical_volume": 3271850.0,
        "trend": 48.08,
        "fair_value": 100.678846,
        "relative_strength": -1.383261,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.936639,
        "energy": 60.391272,
        "activity_lines": [
          53.56,
          49.892728,
          47.402857,
          47.455484
        ]
      },
      {
        "date": "2023-11-17",
        "close": 54.700001,
        "volume": 3463000,
        "typical_volume": 3412400.0,
        "trend": 48.173333,
        "fair_value": 99.564743,
        "relative_strength": -3.170042,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 35.326116,
        "energy": 68.370909,
        "activity_lines": [
          54.746667,
          51.153637,
          48.174286,
          47.882581
        ]
      },
      {
        "date": "2023-11-24",
        "close": 54.299999,
        "volume": 3816000,
        "typical_volume": 3578050.0,
        "trend": 48.24,
        "fair_value": 98.396795,
        "relative_strength": -4.111521,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 62.934307,
        "energy": 76.303742,
        "activity_lines": [
          55.053333,
          52.175455,
          48.890476,
          48.277849
        ]
      },
      {
        "date": "2023-12-01",
        "close": 55.299999,
        "volume": 3837000,
        "typical_volume": 3739200.0,
        "trend": 48.336667,
        "fair_value": 97.369872,
        "relative_strength": -3.046977,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.001658,
        "energy": 58.002178,
        "activity_lines": [
          55.026666,
          53.181818,
          49.677143,
          48.733333
        ]
      },
      {
        "date": "2023-12-08",
        "close": 53.799999,
        "volume": 7970000,
        "typical_volume": 4081200.0,
        "trend": 48.491666,
        "fair_value": 96.278846,
        "relative_strength": -4.919999,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.373364,
        "energy": 44.316719,
        "activity_lines": [
          54.439999,
          53.746363,
          50.282857,
          49.085806
        ]
      },
      {
        "date": "2023-12-15",
        "close": 53.5,
        "volume": 1350000,
        "typical_volume": 4120450.0,
        "trend": 48.626666,
        "fair_value": 95.201923,
        "relative_strength": -6.282319,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.714827,
        "energy": 38.105014,
        "activity_lines": [
          54.126666,
          54.06,
          50.820476,
          49.408925
        ]
      },
      {
        "date": "2023-12-22",
        "close": 52.200001,
        "volume": 1056000,
        "typical_volume": 4139550.0,
        "trend": 48.62,
        "fair_value": 94.042949,
        "relative_strength": -7.437437,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.459676,
        "energy": 28.964111,
        "activity_lines": [
          53.42,
          53.963636,
          51.194286,
          49.639462
        ]
      },
      {
        "date": "2023-12-29",
        "close": 50.900002,
        "volume": 1326000,
        "typical_volume": 4181100.0,
        "trend": 48.59,
        "fair_value": 92.920513,
        "relative_strength": -10.598291,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.853474,
        "energy": 20.757024,
        "activity_lines": [
          52.446667,
          53.472728,
          51.401667,
          49.786559
        ]
      },
      {
        "date": "2024-01-05",
        "close": 50.900002,
        "volume": 818000,
        "typical_volume": 4187650.0,
        "trend": 48.58,
        "fair_value": 91.865384,
        "relative_strength": -7.82923,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.873339,
        "energy": 19.64606,
        "activity_lines": [
          51.700001,
          52.861819,
          51.568572,
          49.935592
        ]
      },
      {
        "date": "2024-01-12",
        "close": 48.150002,
        "volume": 1028000,
        "typical_volume": 4219700.0,
        "trend": 48.52,
        "fair_value": 90.744551,
        "relative_strength": -12.084173,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.688419,
        "energy": 16.4325,
        "activity_lines": [
          50.330002,
          51.814546,
          51.434524,
          49.90785
        ]
      },
      {
        "date": "2024-01-19",
        "close": 46.650002,
        "volume": 766100,
        "typical_volume": 4138905.0,
        "trend": 48.413333,
        "fair_value": 89.601282,
        "relative_strength": -14.976475,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.867674,
        "energy": 17.424287,
        "activity_lines": [
          48.836669,
          50.699092,
          51.126429,
          49.787205
        ]
      },
      {
        "date": "2024-01-26",
        "close": 46.549999,
        "volume": 576000,
        "typical_volume": 4129055.0,
        "trend": 48.261667,
        "fair_value": 88.527884,
        "relative_strength": -15.957723,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -24.563652,
        "energy": 30.128574,
        "activity_lines": [
          47.766668,
          49.70091,
          50.807143,
          49.66699
        ]
      },
      {
        "date": "2024-02-02",
        "close": 46.950001,
        "volume": 476000,
        "typical_volume": 4129805.0,
        "trend": 48.19,
        "fair_value": 87.639743,
        "relative_strength": -14.829479,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -24.143615,
        "energy": 45.512601,
        "activity_lines": [
          47.206668,
          48.923637,
          50.521191,
          49.582366
        ]
      },
      {
        "date": "2024-02-09",
        "close": 46.150002,
        "volume": 125000,
        "typical_volume": 4124255.0,
        "trend": 48.151667,
        "fair_value": 86.675961,
        "relative_strength": -15.803002,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.972098,
        "energy": 56.99297,
        "activity_lines": [
          46.643334,
          48.134547,
          50.142382,
          49.450753
        ]
      },
      {
        "date": "2024-02-16",
        "close": 46.75,
        "volume": 449000,
        "typical_volume": 4140005.0,
        "trend": 48.193334,
        "fair_value": 85.885897,
        "relative_strength": -16.392825,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.566076,
        "energy": 52.214221,
        "activity_lines": [
          46.596667,
          47.62091,
          49.820001,
          49.360323
        ]
      },
      {
        "date": "2024-02-23",
        "close": 44.950001,
        "volume": 1215000,
        "typical_volume": 4182905.0,
        "trend": 48.188334,
        "fair_value": 84.981731,
        "relative_strength": -20.122504,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.037997,
        "energy": 51.870103,
        "activity_lines": [
          46.043334,
          46.908183,
          49.308334,
          49.151076
        ]
      },
      {
        "date": "2024-03-01",
        "close": 44.25,
        "volume": 1131000,
        "typical_volume": 4228905.0,
        "trend": 48.221667,
        "fair_value": 84.057051,
        "relative_strength": -20.756752,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.023327,
        "energy": 57.83188,
        "activity_lines": [
          45.370001,
          46.223637,
          48.725239,
          48.89699
        ]
      },
      {
        "date": "2024-03-08",
        "close": 42.400002,
        "volume": 1288000,
        "typical_volume": 4241105.0,
        "trend": 48.221667,
        "fair_value": 83.194231,
        "relative_strength": -26.566785,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -55.833159,
        "energy": 74.438333,
        "activity_lines": [
          44.233334,
          45.347274,
          47.962382,
          48.521399
        ]
      },
      {
        "date": "2024-03-15",
        "close": 42.900002,
        "volume": 782000,
        "typical_volume": 3945005.0,
        "trend": 48.228334,
        "fair_value": 82.405128,
        "relative_strength": -24.569044,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -73.747266,
        "energy": 85.055252,
        "activity_lines": [
          43.566668,
          44.716365,
          47.256191,
          48.178065
        ]
      },
      {
        "date": "2024-03-22",
        "close": 43.150002,
        "volume": 942000,
        "typical_volume": 2242755.0,
        "trend": 48.280001,
        "fair_value": 81.688141,
        "relative_strength": -25.452209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.896558,
        "energy": 81.830108,
        "activity_lines": [
          43.200002,
          44.276365,
          46.628573,
          47.850431
        ]
      },
      {
        "date": "2024-03-29",
        "close": 44.200001,
        "volume": 613000,
        "typical_volume": 1651355.0,
        "trend": 48.210001,
        "fair_value": 80.923397,
        "relative_strength": -23.248146,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.656403,
        "energy": 77.317443,
        "activity_lines": [
          43.423335,
          44.118183,
          46.178334,
          47.587205
        ]
      },
      {
        "date": "2024-04-05",
        "close": 43.099998,
        "volume": 479000,
        "typical_volume": 1502155.0,
        "trend": 48.128334,
        "fair_value": 80.10032,
        "relative_strength": -24.619022,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.455497,
        "energy": 56.004496,
        "activity_lines": [
          43.33,
          43.804546,
          45.670477,
          47.257528
        ]
      },
      {
        "date": "2024-04-12",
        "close": 43.299999,
        "volume": 727000,
        "typical_volume": 1347705.0,
        "trend": 48.123334,
        "fair_value": 79.278526,
        "relative_strength": -25.019932,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.569883,
        "energy": 52.031421,
        "activity_lines": [
          43.38,
          43.59,
          45.236905,
          46.946022
        ]
      },
      {
        "date": "2024-04-19",
        "close": 40.700001,
        "volume": 1012000,
        "typical_volume": 1206455.0,
        "trend": 47.946667,
        "fair_value": 78.500961,
        "relative_strength": -24.509562,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.394431,
        "energy": 62.768053,
        "activity_lines": [
          42.503333,
          42.969091,
          44.608096,
          46.467097
        ]
      },
      {
        "date": "2024-04-26",
        "close": 40.700001,
        "volume": 547000,
        "typical_volume": 835305.0,
        "trend": 47.870001,
        "fair_value": 77.742628,
        "relative_strength": -26.04867,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.296085,
        "energy": 76.494507,
        "activity_lines": [
          41.773334,
          42.447273,
          44.04881,
          45.999571
        ]
      },
      {
        "date": "2024-05-03",
        "close": 41.75,
        "volume": 416000,
        "typical_volume": 788605.0,
        "trend": 47.796667,
        "fair_value": 77.016667,
        "relative_strength": -24.231322,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.077459,
        "energy": 70.442644,
        "activity_lines": [
          41.556667,
          42.226364,
          43.651905,
          45.604732
        ]
      },
      {
        "date": "2024-05-10",
        "close": 41.099998,
        "volume": 425000,
        "typical_volume": 757055.0,
        "trend": 47.716667,
        "fair_value": 76.292949,
        "relative_strength": -26.15297,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.853979,
        "energy": 71.135073,
        "activity_lines": [
          41.286666,
          41.945454,
          43.249048,
          45.172689
        ]
      },
      {
        "date": "2024-05-17",
        "close": 42.450001,
        "volume": 621000,
        "typical_volume": 721805.0,
        "trend": 47.655001,
        "fair_value": 75.70609,
        "relative_strength": -25.131278,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.336444,
        "energy": 51.563765,
        "activity_lines": [
          41.6,
          41.967273,
          43.027619,
          44.832904
        ]
      },
      {
        "date": "2024-05-24",
        "close": 41.450001,
        "volume": 963000,
        "typical_volume": 729055.0,
        "trend": 47.223334,
        "fair_value": 75.144872,
        "relative_strength": -27.278381,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.102812,
        "energy": 45.851869,
        "activity_lines": [
          41.636667,
          41.806364,
          42.751191,
          44.432581
        ]
      },
      {
        "date": "2024-05-31",
        "close": 41.700001,
        "volume": 573000,
        "typical_volume": 706305.0,
        "trend": 46.633334,
        "fair_value": 74.373718,
        "relative_strength": -24.870063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.546567,
        "energy": 41.559687,
        "activity_lines": [
          41.706667,
          41.717273,
          42.543572,
          44.076237
        ]
      },
      {
        "date": "2024-06-07",
        "close": 42.599998,
        "volume": 748000,
        "typical_volume": 705400.0,
        "trend": 46.250001,
        "fair_value": 73.608333,
        "relative_strength": -25.055333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.351221,
        "energy": 30.36367,
        "activity_lines": [
          42.01,
          41.818182,
          42.452381,
          43.816022
        ]
      },
      {
        "date": "2024-06-14",
        "close": 41.25,
        "volume": 696000,
        "typical_volume": 711400.0,
        "trend": 45.801667,
        "fair_value": 72.786218,
        "relative_strength": -28.959681,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.763164,
        "energy": 34.144065,
        "activity_lines": [
          41.806667,
          41.702727,
          42.251905,
          43.493441
        ]
      },
      {
        "date": "2024-06-21",
        "close": 45.200001,
        "volume": 7632000,
        "typical_volume": 1069200.0,
        "trend": 45.498334,
        "fair_value": 71.841987,
        "relative_strength": -24.123731,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.204088,
        "energy": 11.230868,
        "activity_lines": [
          42.91,
          42.339091,
          42.452857,
          43.454624
        ]
      },
      {
        "date": "2024-06-28",
        "close": 47.099998,
        "volume": 3281000,
        "typical_volume": 1227000.0,
        "trend": 45.225001,
        "fair_value": 70.932372,
        "relative_strength": -19.585991,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 10.623949,
        "energy": 20.236463,
        "activity_lines": [
          44.463333,
          43.286363,
          42.843095,
          43.557957
        ]
      },
      {
        "date": "2024-07-05",
        "close": 45.650002,
        "volume": 1514000,
        "typical_volume": 1280250.0,
        "trend": 44.953334,
        "fair_value": 69.949359,
        "relative_strength": -23.210732,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.441101,
        "energy": 27.381406,
        "activity_lines": [
          45.156667,
          43.853636,
          43.090714,
          43.585377
        ]
      },
      {
        "date": "2024-07-12",
        "close": 47.299999,
        "volume": 1810000,
        "typical_volume": 1310000.0,
        "trend": 44.746667,
        "fair_value": 69.121154,
        "relative_strength": -21.178081,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 31.154493,
        "energy": 36.889609,
        "activity_lines": [
          46.136667,
          44.630909,
          43.500714,
          43.736774
        ]
      },
      {
        "date": "2024-07-19",
        "close": 58.099998,
        "volume": 25198000,
        "typical_volume": 2513350.0,
        "trend": 44.943334,
        "fair_value": 68.416667,
        "relative_strength": 1.356588,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 64.039449,
        "energy": 75.705923,
        "activity_lines": [
          50.403333,
          47.270909,
          44.928095,
          44.59828
        ]
      },
      {
        "date": "2024-07-26",
        "close": 54.5,
        "volume": 2768000,
        "typical_volume": 2587350.0,
        "trend": 45.063334,
        "fair_value": 67.846154,
        "relative_strength": -1.590916,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 78.028542,
        "energy": 82.190734,
        "activity_lines": [
          52.346666,
          48.947272,
          45.946666,
          45.214839
        ]
      },
      {
        "date": "2024-08-02",
        "close": 53.0,
        "volume": 2434000,
        "typical_volume": 2669950.0,
        "trend": 45.133334,
        "fair_value": 67.298077,
        "relative_strength": -2.082524,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.617089,
        "energy": 77.253312,
        "activity_lines": [
          53.17,
          50.131818,
          46.764762,
          45.726882
        ]
      },
      {
        "date": "2024-08-09",
        "close": 48.150002,
        "volume": 4589000,
        "typical_volume": 2852300.0,
        "trend": 45.133334,
        "fair_value": 66.815064,
        "relative_strength": -10.127214,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.279247,
        "energy": 63.406298,
        "activity_lines": [
          51.983334,
          50.224546,
          47.072857,
          45.921506
        ]
      },
      {
        "date": "2024-08-16",
        "close": 50.099998,
        "volume": 3673000,
        "typical_volume": 3005300.0,
        "trend": 45.248334,
        "fair_value": 66.261218,
        "relative_strength": -9.917582,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.292629,
        "energy": 39.906382,
        "activity_lines": [
          51.28,
          50.554545,
          47.542857,
          46.241935
        ]
      },
      {
        "date": "2024-08-23",
        "close": 49.349998,
        "volume": 3193000,
        "typical_volume": 3141000.0,
        "trend": 45.341667,
        "fair_value": 65.641667,
        "relative_strength": -10.294339,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.741444,
        "energy": 25.137767,
        "activity_lines": [
          50.139999,
          50.611818,
          47.913333,
          46.506559
        ]
      },
      {
        "date": "2024-08-30",
        "close": 51.299999,
        "volume": 2538000,
        "typical_volume": 3231550.0,
        "trend": 45.486667,
        "fair_value": 65.076282,
        "relative_strength": -6.865799,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.50198,
        "energy": 21.686944,
        "activity_lines": [
          50.233332,
          50.876363,
          48.439761,
          46.890968
        ]
      },
      {
        "date": "2024-09-06",
        "close": 46.549999,
        "volume": 2353000,
        "typical_volume": 3298600.0,
        "trend": 45.5,
        "fair_value": 64.413141,
        "relative_strength": -11.810416,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.438136,
        "energy": 16.578112,
        "activity_lines": [
          48.956666,
          50.166363,
          48.475714,
          46.95957
        ]
      },
      {
        "date": "2024-09-13",
        "close": 47.799999,
        "volume": 2039000,
        "typical_volume": 3373200.0,
        "trend": 45.535,
        "fair_value": 63.780449,
        "relative_strength": -10.533309,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.810191,
        "energy": 16.679702,
        "activity_lines": [
          48.526665,
          49.693635,
          48.602857,
          47.107957
        ]
      },
      {
        "date": "2024-09-20",
        "close": 55.0,
        "volume": 6620000,
        "typical_volume": 3683400.0,
        "trend": 45.87,
        "fair_value": 63.158654,
        "relative_strength": 1.349543,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 61.552803,
        "energy": 29.622116,
        "activity_lines": [
          50.519999,
          50.490908,
          49.381904,
          47.718602
        ]
      },
      {
        "date": "2024-09-27",
        "close": 54.700001,
        "volume": 4038000,
        "typical_volume": 3864050.0,
        "trend": 46.218333,
        "fair_value": 62.611859,
        "relative_strength": -1.953923,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.332658,
        "energy": 33.177976,
        "activity_lines": [
          52.086667,
          51.093636,
          50.069285,
          48.288279
        ]
      },
      {
        "date": "2024-10-04",
        "close": 52.400002,
        "volume": 1775000,
        "typical_volume": 3921750.0,
        "trend": 46.551667,
        "fair_value": 62.027885,
        "relative_strength": -3.650708,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.444009,
        "energy": 37.89107,
        "activity_lines": [
          52.530001,
          51.34,
          50.472857,
          48.687097
        ]
      },
      {
        "date": "2024-10-11",
        "close": 48.950001,
        "volume": 1718000,
        "typical_volume": 3959500.0,
        "trend": 46.753333,
        "fair_value": 61.43782,
        "relative_strength": -12.032817,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.209425,
        "energy": 32.934362,
        "activity_lines": [
          51.750001,
          50.997273,
          50.500476,
          48.841828
        ]
      },
      {
        "date": "2024-10-18",
        "close": 50.0,
        "volume": 1687000,
        "typical_volume": 4015200.0,
        "trend": 46.981667,
        "fair_value": 60.960256,
        "relative_strength": -11.992245,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.795484,
        "energy": 25.511373,
        "activity_lines": [
          51.160001,
          50.919091,
          50.592381,
          49.05129
        ]
      },
      {
        "date": "2024-10-25",
        "close": 54.400002,
        "volume": 2798000,
        "typical_volume": 4117700.0,
        "trend": 47.321667,
        "fair_value": 60.446795,
        "relative_strength": -2.873868,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.568308,
        "energy": 29.40244,
        "activity_lines": [
          51.890001,
          51.607273,
          51.06381,
          49.529893
        ]
      },
      {
        "date": "2024-11-01",
        "close": 50.0,
        "volume": 9592000,
        "typical_volume": 4562500.0,
        "trend": 47.551667,
        "fair_value": 59.94359,
        "relative_strength": -7.461207,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.236622,
        "energy": 15.214994,
        "activity_lines": [
          51.193334,
          51.417273,
          51.06,
          49.702688
        ]
      },
      {
        "date": "2024-11-08",
        "close": 48.599998,
        "volume": 2032000,
        "typical_volume": 4282500.0,
        "trend": 47.728333,
        "fair_value": 59.450641,
        "relative_strength": -12.167343,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.222392,
        "energy": 10.211539,
        "activity_lines": [
          50.343333,
          50.960909,
          50.88119,
          49.770322
        ]
      },
      {
        "date": "2024-11-15",
        "close": 46.25,
        "volume": 1332000,
        "typical_volume": 4185050.0,
        "trend": 47.913333,
        "fair_value": 58.98109,
        "relative_strength": -12.614257,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -0.399631,
        "energy": 6.978558,
        "activity_lines": [
          48.963333,
          50.126364,
          50.462381,
          49.674946
        ]
      },
      {
        "date": "2024-11-22",
        "close": 45.349998,
        "volume": 1544525,
        "typical_volume": 4186576.25,
        "trend": 48.068333,
        "fair_value": 58.714102,
        "relative_strength": -14.094901,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.455458,
        "energy": 27.01224,
        "activity_lines": [
          47.463332,
          49.133636,
          49.961905,
          49.50957
        ]
      },
      {
        "date": "2024-11-29",
        "close": 46.049999,
        "volume": 748000,
        "typical_volume": 4133476.25,
        "trend": 48.211666,
        "fair_value": 58.447756,
        "relative_strength": -9.420712,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.508992,
        "energy": 38.970143,
        "activity_lines": [
          46.506666,
          48.312727,
          49.529524,
          49.379355
        ]
      },
      {
        "date": "2024-12-06",
        "close": 44.150002,
        "volume": 711000,
        "typical_volume": 2909126.25,
        "trend": 48.313333,
        "fair_value": 58.11859,
        "relative_strength": -15.798353,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.916062,
        "energy": 54.751723,
        "activity_lines": [
          45.473333,
          47.309091,
          48.922143,
          49.117312
        ]
      },
      {
        "date": "2024-12-13",
        "close": 42.349998,
        "volume": 587000,
        "typical_volume": 2800076.25,
        "trend": 48.31,
        "fair_value": 57.81891,
        "relative_strength": -17.794708,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.154567,
        "energy": 61.084904,
        "activity_lines": [
          44.229999,
          46.17,
          48.209762,
          48.73258
        ]
      },
      {
        "date": "2024-12-20",
        "close": 42.650002,
        "volume": 525000,
        "typical_volume": 2704626.25,
        "trend": 48.35,
        "fair_value": 57.499359,
        "relative_strength": -14.548845,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.435839,
        "energy": 64.150931,
        "activity_lines": [
          43.503334,
          45.268182,
          47.58381,
          48.367419
        ]
      },
      {
        "date": "2024-12-27",
        "close": 44.25,
        "volume": 1094000,
        "typical_volume": 2529876.25,
        "trend": 48.435,
        "fair_value": 57.058654,
        "relative_strength": -13.555762,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -62.911749,
        "energy": 67.956117,
        "activity_lines": [
          43.55,
          44.771818,
          47.159524,
          48.102903
        ]
      },
      {
        "date": "2025-01-03",
        "close": 42.299999,
        "volume": 391000,
        "typical_volume": 2365776.25,
        "trend": 48.425,
        "fair_value": 56.656731,
        "relative_strength": -15.255286,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.269809,
        "energy": 69.48962,
        "activity_lines": [
          43.02,
          44.025454,
          46.568095,
          47.707097
        ]
      },
      {
        "date": "2025-01-10",
        "close": 43.349998,
        "volume": 1216000,
        "typical_volume": 2266926.25,
        "trend": 48.495,
        "fair_value": 56.267949,
        "relative_strength": -12.876933,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.224301,
        "energy": 55.884842,
        "activity_lines": [
          43.089999,
          43.689999,
          46.113809,
          47.379677
        ]
      },
      {
        "date": "2025-01-17",
        "close": 42.0,
        "volume": 602000,
        "typical_volume": 2170126.25,
        "trend": 48.388333,
        "fair_value": 55.867308,
        "relative_strength": -15.467375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.552565,
        "energy": 47.769318,
        "activity_lines": [
          42.763333,
          43.23,
          45.559524,
          46.960645
        ]
      },
      {
        "date": "2025-01-24",
        "close": 42.299999,
        "volume": 373000,
        "typical_volume": 2071126.25,
        "trend": 48.228333,
        "fair_value": 55.491026,
        "relative_strength": -15.632873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.741728,
        "energy": 52.764639,
        "activity_lines": [
          42.559999,
          42.944545,
          45.078095,
          46.567849
        ]
      },
      {
        "date": "2025-02-07",
        "close": 44.200001,
        "volume": 695520,
        "typical_volume": 2003952.25,
        "trend": 48.18,
        "fair_value": 55.117308,
        "relative_strength": -11.091038,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.844466,
        "energy": 43.983258,
        "activity_lines": [
          43.013333,
          43.076363,
          44.797857,
          46.307957
        ]
      },
      {
        "date": "2025-02-14",
        "close": 44.799999,
        "volume": 591843,
        "typical_volume": 1702544.4,
        "trend": 48.096666,
        "fair_value": 54.753846,
        "relative_strength": -8.103049,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.128244,
        "energy": 33.31716,
        "activity_lines": [
          43.67,
          43.338181,
          44.591904,
          46.089892
        ]
      },
      {
        "date": "2025-02-21",
        "close": 45.400002,
        "volume": 1037715,
        "typical_volume": 1552530.15,
        "trend": 47.673333,
        "fair_value": 54.404487,
        "relative_strength": -8.639135,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.047426,
        "energy": 20.522716,
        "activity_lines": [
          44.36,
          43.731818,
          44.491667,
          45.915914
        ]
      },
      {
        "date": "2025-02-28",
        "close": 45.900002,
        "volume": 679043,
        "typical_volume": 1497732.3,
        "trend": 47.386667,
        "fair_value": 54.099359,
        "relative_strength": -4.579604,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.53882,
        "energy": 22.617083,
        "activity_lines": [
          45.080001,
          44.193637,
          44.483333,
          45.801505
        ]
      },
      {
        "date": "2025-03-07",
        "close": 44.25,
        "volume": 513599,
        "typical_volume": 1437512.25,
        "trend": 47.095,
        "fair_value": 53.811859,
        "relative_strength": -5.738354,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.221425,
        "energy": 20.677066,
        "activity_lines": [
          44.990001,
          44.290909,
          44.34881,
          45.59914
        ]
      },
      {
        "date": "2025-03-14",
        "close": 42.400002,
        "volume": 744043,
        "typical_volume": 1390364.4,
        "trend": 46.903333,
        "fair_value": 53.500961,
        "relative_strength": -6.996238,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.006797,
        "energy": 21.377512,
        "activity_lines": [
          44.153335,
          44.022728,
          44.060476,
          45.296237
        ]
      },
      {
        "date": "2025-03-21",
        "close": 42.25,
        "volume": 574442,
        "typical_volume": 1279186.5,
        "trend": 46.641667,
        "fair_value": 53.248718,
        "relative_strength": -8.095018,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.117276,
        "energy": 34.366891,
        "activity_lines": [
          43.386668,
          43.76091,
          43.794048,
          44.996022
        ]
      },
      {
        "date": "2025-03-28",
        "close": 39.599998,
        "volume": 992155,
        "typical_volume": 849194.25,
        "trend": 46.316667,
        "fair_value": 52.969872,
        "relative_strength": -11.194693,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.784003,
        "energy": 66.121921,
        "activity_lines": [
          41.906667,
          43.018182,
          43.333095,
          44.54172
        ]
      },
      {
        "date": "2025-04-04",
        "close": 38.950001,
        "volume": 592074,
        "typical_volume": 777197.95,
        "trend": 45.905,
        "fair_value": 52.715705,
        "relative_strength": -11.113716,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.416898,
        "energy": 79.590043,
        "activity_lines": [
          40.596667,
          42.225455,
          42.859762,
          44.066452
        ]
      },
      {
        "date": "2025-04-11",
        "close": 32.599998,
        "volume": 2223131,
        "typical_volume": 821754.5,
        "trend": 45.44,
        "fair_value": 52.430449,
        "relative_strength": -18.521429,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.4165,
        "energy": 90.910278,
        "activity_lines": [
          37.633333,
          40.333636,
          41.827619,
          43.208064
        ]
      },
      {
        "date": "2025-04-18",
        "close": 32.599998,
        "volume": 553341,
        "typical_volume": 772195.3,
        "trend": 44.933333,
        "fair_value": 52.142628,
        "relative_strength": -17.644771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.7697,
        "energy": 95.024381,
        "activity_lines": [
          35.446665,
          38.618181,
          40.860476,
          42.379677
        ]
      },
      {
        "date": "2025-04-25",
        "close": 32.25,
        "volume": 428099,
        "typical_volume": 756200.25,
        "trend": 44.175,
        "fair_value": 51.737179,
        "relative_strength": -20.14012,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.301045,
        "energy": 92.655903,
        "activity_lines": [
          33.796666,
          37.05,
          39.920714,
          41.561398
        ]
      },
      {
        "date": "2025-05-02",
        "close": 33.25,
        "volume": 349463,
        "typical_volume": 738123.4,
        "trend": 43.46,
        "fair_value": 51.264423,
        "relative_strength": -20.971056,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.102965,
        "energy": 87.89484,
        "activity_lines": [
          33.146666,
          35.891818,
          39.141905,
          40.856559
        ]
      },
      {
        "date": "2025-05-09",
        "close": 33.099998,
        "volume": 378352,
        "typical_volume": 727691.0,
        "trend": 42.816666,
        "fair_value": 50.888782,
        "relative_strength": -21.455295,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.382922,
        "energy": 84.887348,
        "activity_lines": [
          32.869999,
          34.927272,
          38.400714,
          40.188172
        ]
      },
      {
        "date": "2025-05-16",
        "close": 33.650002,
        "volume": 781216,
        "typical_volume": 740501.8,
        "trend": 42.306667,
        "fair_value": 50.571154,
        "relative_strength": -23.219358,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.079961,
        "energy": 63.85942,
        "activity_lines": [
          33.166667,
          34.295454,
          37.755952,
          39.596774
        ]
      },
      {
        "date": "2025-05-23",
        "close": 35.150002,
        "volume": 2079096,
        "typical_volume": 789756.6,
        "trend": 41.811667,
        "fair_value": 50.277244,
        "relative_strength": -18.796911,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.137739,
        "energy": 53.881822,
        "activity_lines": [
          33.893334,
          34.129091,
          37.296905,
          39.135054
        ]
      },
      {
        "date": "2025-05-30",
        "close": 34.650002,
        "volume": 457141,
        "typical_volume": 793063.65,
        "trend": 41.153333,
        "fair_value": 49.974359,
        "relative_strength": -18.57442,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.090731,
        "energy": 42.702117,
        "activity_lines": [
          34.283335,
          34.003637,
          36.833572,
          38.673011
        ]
      },
      {
        "date": "2025-06-06",
        "close": 33.0,
        "volume": 456218,
        "typical_volume": 755074.55,
        "trend": 40.586667,
        "fair_value": 49.678205,
        "relative_strength": -23.243541,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -51.859631,
        "energy": 41.987291,
        "activity_lines": [
          33.963334,
          33.716364,
          36.249524,
          38.146989
        ]
      },
      {
        "date": "2025-06-13",
        "close": 34.5,
        "volume": 1813440,
        "typical_volume": 815646.55,
        "trend": 40.116667,
        "fair_value": 49.399359,
        "relative_strength": -20.957934,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -43.78326,
        "energy": 34.630386,
        "activity_lines": [
          34.160001,
          33.821819,
          35.857619,
          37.754301
        ]
      },
      {
        "date": "2025-06-20",
        "close": 32.950001,
        "volume": 494718,
        "typical_volume": 821732.45,
        "trend": 39.673333,
        "fair_value": 49.089423,
        "relative_strength": -24.166411,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.11397,
        "energy": 37.501304,
        "activity_lines": [
          33.746667,
          33.726364,
          35.35381,
          37.291936
        ]
      },
      {
        "date": "2025-06-27",
        "close": 36.599998,
        "volume": 3045805,
        "typical_volume": 939246.7,
        "trend": 39.381667,
        "fair_value": 48.845192,
        "relative_strength": -17.499434,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.27715,
        "energy": 26.780939,
        "activity_lines": [
          34.596666,
          34.288182,
          35.242143,
          37.093656
        ]
      },
      {
        "date": "2025-07-04",
        "close": 32.900002,
        "volume": 1283179,
        "typical_volume": 973813.5,
        "trend": 38.943333,
        "fair_value": 48.596474,
        "relative_strength": -25.304181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.507181,
        "energy": 28.074818,
        "activity_lines": [
          34.116667,
          34.104546,
          34.814286,
          36.675484
        ]
      },
      {
        "date": "2025-07-11",
        "close": 33.150002,
        "volume": 505592,
        "typical_volume": 947207.35,
        "trend": 38.576667,
        "fair_value": 48.398077,
        "relative_strength": -25.055145,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.674183,
        "energy": 35.560454,
        "activity_lines": [
          33.836668,
          33.954546,
          34.466905,
          36.301721
        ]
      },
      {
        "date": "2025-07-18",
        "close": 34.549999,
        "volume": 1206526,
        "typical_volume": 973581.5,
        "trend": 38.316667,
        "fair_value": 48.213782,
        "relative_strength": -23.623736,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.313232,
        "energy": 26.981223,
        "activity_lines": [
          34.013334,
          34.06091,
          34.311191,
          36.041936
        ]
      },
      {
        "date": "2025-07-25",
        "close": 35.099998,
        "volume": 1230620,
        "typical_volume": 1009432.55,
        "trend": 38.065,
        "fair_value": 48.041346,
        "relative_strength": -21.535837,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.111197,
        "energy": 23.919167,
        "activity_lines": [
          34.37,
          34.240909,
          34.261905,
          35.834409
        ]
      },
      {
        "date": "2025-08-01",
        "close": 35.0,
        "volume": 722121,
        "typical_volume": 1008336.45,
        "trend": 37.756667,
        "fair_value": 47.850321,
        "relative_strength": -21.225287,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.448184,
        "energy": 14.656562,
        "activity_lines": [
          34.55,
          34.376364,
          34.246667,
          35.636667
        ]
      },
      {
        "date": "2025-08-08",
        "close": 36.400002,
        "volume": 1011341,
        "typical_volume": 1030181.4,
        "trend": 37.56,
        "fair_value": 47.686859,
        "relative_strength": -19.311412,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.880069,
        "energy": 10.497483,
        "activity_lines": [
          35.303334,
          34.769091,
          34.4,
          35.54914
        ]
      },
      {
        "date": "2025-08-15",
        "close": 36.950001,
        "volume": 946110,
        "typical_volume": 1027879.15,
        "trend": 37.346667,
        "fair_value": 47.548077,
        "relative_strength": -18.54229,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.383643,
        "energy": 11.744718,
        "activity_lines": [
          36.006667,
          35.23,
          34.633572,
          35.509785
        ]
      },
      {
        "date": "2025-08-22",
        "close": 36.799999,
        "volume": 582162,
        "typical_volume": 1027383.55,
        "trend": 37.173334,
        "fair_value": 47.400641,
        "relative_strength": -16.328752,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.727327,
        "energy": 14.118645,
        "activity_lines": [
          36.406667,
          35.591818,
          34.865476,
          35.474516
        ]
      },
      {
        "date": "2025-08-29",
        "close": 35.700001,
        "volume": 571141,
        "typical_volume": 944784.05,
        "trend": 36.953334,
        "fair_value": 47.232692,
        "relative_strength": -19.770926,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.012145,
        "energy": 14.388067,
        "activity_lines": [
          36.290001,
          35.711818,
          35.002857,
          35.379463
        ]
      },
      {
        "date": "2025-09-05",
        "close": 35.75,
        "volume": 930223,
        "typical_volume": 963628.15,
        "trend": 36.671667,
        "fair_value": 47.03109,
        "relative_strength": -19.807171,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.74133,
        "energy": 11.264382,
        "activity_lines": [
          36.15,
          35.790909,
          35.130238,
          35.301828
        ]
      },
      {
        "date": "2025-09-12",
        "close": 36.150002,
        "volume": 3070234,
        "typical_volume": 1095734.9,
        "trend": 36.383334,
        "fair_value": 46.828846,
        "relative_strength": -21.404589,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.416403,
        "energy": 6.130093,
        "activity_lines": [
          36.093334,
          35.958182,
          35.280715,
          35.268172
        ]
      },
      {
        "date": "2025-09-19",
        "close": 39.900002,
        "volume": 4505678,
        "typical_volume": 1303545.65,
        "trend": 36.2,
        "fair_value": 46.690385,
        "relative_strength": -13.013321,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 41.20964,
        "energy": 26.980313,
        "activity_lines": [
          37.303335,
          36.748183,
          35.769763,
          35.495054
        ]
      },
      {
        "date": "2025-09-26",
        "close": 41.299999,
        "volume": 2558411,
        "typical_volume": 1412548.6,
        "trend": 36.046667,
        "fair_value": 46.574359,
        "relative_strength": -9.122615,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 48.408122,
        "energy": 55.525818,
        "activity_lines": [
          38.783334,
          37.670001,
          36.360477,
          35.824086
        ]
      },
      {
        "date": "2025-10-03",
        "close": 39.849998,
        "volume": 1660931,
        "typical_volume": 1456534.35,
        "trend": 35.9,
        "fair_value": 46.468269,
        "relative_strength": -15.35046,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 63.851905,
        "energy": 69.001013,
        "activity_lines": [
          39.48,
          38.205455,
          36.774048,
          36.069463
        ]
      },
      {
        "date": "2025-10-10",
        "close": 38.799999,
        "volume": 946007,
        "typical_volume": 1399879.9,
        "trend": 35.78,
        "fair_value": 46.396474,
        "relative_strength": -18.385347,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.560736,
        "energy": 67.492947,
        "activity_lines": [
          39.549999,
          38.463636,
          37.058095,
          36.256559
        ]
      },
      {
        "date": "2025-10-17",
        "close": 43.900002,
        "volume": 2889085,
        "typical_volume": 1521477.1,
        "trend": 35.835,
        "fair_value": 46.358333,
        "relative_strength": -7.116013,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.127447,
        "energy": 77.112102,
        "activity_lines": [
          41.116667,
          39.58,
          37.810476,
          36.78043
        ]
      },
      {
        "date": "2025-10-24",
        "close": 48.599998,
        "volume": 9797056,
        "typical_volume": 1988519.0,
        "trend": 36.135,
        "fair_value": 46.376603,
        "relative_strength": 2.383236,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.460806,
        "energy": 83.448127,
        "activity_lines": [
          43.733333,
          41.414545,
          38.966429,
          37.603979
        ]
      },
      {
        "date": "2025-10-31",
        "close": 45.5,
        "volume": 4306268,
        "typical_volume": 2113160.4,
        "trend": 36.353333,
        "fair_value": 46.413782,
        "relative_strength": -5.772592,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.79958,
        "energy": 74.938002,
        "activity_lines": [
          44.736666,
          42.473636,
          39.752857,
          38.208172
        ]
      },
      {
        "date": "2025-11-07",
        "close": 44.849998,
        "volume": 2772483,
        "typical_volume": 2227048.65,
        "trend": 36.761667,
        "fair_value": 46.444872,
        "relative_strength": -4.549069,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.098369,
        "energy": 73.689474,
        "activity_lines": [
          45.243332,
          43.256363,
          40.425,
          38.756344
        ]
      },
      {
        "date": "2025-11-14",
        "close": 42.900002,
        "volume": 2973792,
        "typical_volume": 2223448.0,
        "trend": 37.105,
        "fair_value": 46.403846,
        "relative_strength": -7.331195,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.898361,
        "energy": 52.550646,
        "activity_lines": [
          44.766667,
          43.518182,
          40.854762,
          39.152366
        ]
      },
      {
        "date": "2025-11-21",
        "close": 40.0,
        "volume": 1083462,
        "typical_volume": 2213462.15,
        "trend": 37.363334,
        "fair_value": 46.348077,
        "relative_strength": -9.915716,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.789713,
        "energy": 31.54953,
        "activity_lines": [
          43.05,
          43.122727,
          40.978333,
          39.33914
        ]
      },
      {
        "date": "2025-11-28",
        "close": 42.049999,
        "volume": 608168,
        "typical_volume": 2218590.95,
        "trend": 37.656667,
        "fair_value": 46.291987,
        "relative_strength": -8.905853,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.573295,
        "energy": 22.171032,
        "activity_lines": [
          42.276666,
          43.03,
          41.263333,
          39.641505
        ]
      },
      {
        "date": "2025-12-05",
        "close": 40.400002,
        "volume": 668224,
        "typical_volume": 2191675.85,
        "trend": 37.9,
        "fair_value": 46.226603,
        "relative_strength": -12.96309,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.78731,
        "energy": 21.098213,
        "activity_lines": [
          41.390001,
          42.598182,
          41.34881,
          39.818495
        ]
      },
      {
        "date": "2025-12-12",
        "close": 41.400002,
        "volume": 729294,
        "typical_volume": 2166609.55,
        "trend": 38.158334,
        "fair_value": 46.115705,
        "relative_strength": -11.046531,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.485363,
        "energy": 20.862428,
        "activity_lines": [
          41.176668,
          42.364546,
          41.501667,
          40.044301
        ]
      },
      {
        "date": "2025-12-19",
        "close": 41.599998,
        "volume": 1133141,
        "typical_volume": 2187160.55,
        "trend": 38.373334,
        "fair_value": 45.97468,
        "relative_strength": -8.638357,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.358607,
        "energy": 17.006645,
        "activity_lines": [
          41.26,
          42.139091,
          41.643571,
          40.266344
        ]
      },
      {
        "date": "2025-12-26",
        "close": 41.5,
        "volume": 859203,
        "typical_volume": 2179553.65,
        "trend": 38.601667,
        "fair_value": 45.842628,
        "relative_strength": -11.142975,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.735551,
        "energy": 14.85768,
        "activity_lines": [
          41.396667,
          41.844546,
          41.744524,
          40.468065
        ]
      },
      {
        "date": "2026-01-02",
        "close": 43.599998,
        "volume": 1251965,
        "typical_volume": 2194846.4,
        "trend": 38.955,
        "fair_value": 45.721474,
        "relative_strength": -8.725397,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.05041,
        "energy": 21.295607,
        "activity_lines": [
          42.133333,
          41.975454,
          42.02119,
          40.790538
        ]
      },
      {
        "date": "2026-01-09",
        "close": 43.700001,
        "volume": 1223434,
        "typical_volume": 2226910.0,
        "trend": 39.261667,
        "fair_value": 45.629808,
        "relative_strength": -10.927726,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.017921,
        "energy": 24.903974,
        "activity_lines": [
          42.8,
          42.215455,
          42.275714,
          41.096667
        ]
      },
      {
        "date": "2026-01-16",
        "close": 44.0,
        "volume": 1055634,
        "typical_volume": 2251134.65,
        "trend": 39.63,
        "fair_value": 45.539423,
        "relative_strength": -13.014793,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 53.325393,
        "energy": 34.02879,
        "activity_lines": [
          43.346666,
          42.542727,
          42.525952,
          41.402366
        ]
      },
      {
        "date": "2026-01-23",
        "close": 55.599998,
        "volume": 3138879,
        "typical_volume": 2361567.45,
        "trend": 40.263333,
        "fair_value": 45.525321,
        "relative_strength": 8.113098,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 89.845379,
        "energy": 82.413262,
        "activity_lines": [
          47.586666,
          44.994545,
          43.841428,
          42.432688
        ]
      },
      {
        "date": "2026-01-30",
        "close": 59.599998,
        "volume": 11127465,
        "typical_volume": 2764429.0,
        "trend": 41.153333,
        "fair_value": 45.534936,
        "relative_strength": 15.43768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.594235,
        "energy": 93.872307,
        "activity_lines": [
          52.226665,
          47.942727,
          45.443333,
          43.680215
        ]
      },
      {
        "date": "2026-02-06",
        "close": 54.599998,
        "volume": 9607910,
        "typical_volume": 3019540.6,
        "trend": 41.868333,
        "fair_value": 45.491346,
        "relative_strength": 6.897988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.235966,
        "energy": 85.286376,
        "activity_lines": [
          53.993332,
          49.625453,
          46.45738,
          44.547742
        ]
      },
      {
        "date": "2026-02-13",
        "close": 51.5,
        "volume": 2382525,
        "typical_volume": 3010746.3,
        "trend": 42.433333,
        "fair_value": 45.445192,
        "relative_strength": -4.178773,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.800734,
        "energy": 82.467632,
        "activity_lines": [
          53.993332,
          50.516363,
          47.10619,
          45.169139
        ]
      },
      {
        "date": "2026-02-27",
        "close": 50.200001,
        "volume": 1961795,
        "typical_volume": 3025789.5,
        "trend": 42.936667,
        "fair_value": 45.394551,
        "relative_strength": -10.836614,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.669885,
        "energy": 63.462144,
        "activity_lines": [
          53.04,
          50.96909,
          47.582619,
          45.670215
        ]
      },
      {
        "date": "2026-03-06",
        "close": 51.799999,
        "volume": 2974127,
        "typical_volume": 3127195.5,
        "trend": 43.496667,
        "fair_value": 45.35609,
        "relative_strength": -2.494893,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.432932,
        "energy": 42.541401,
        "activity_lines": [
          52.206666,
          51.552727,
          48.162142,
          46.242043
        ]
      },
      {
        "date": "2026-03-13",
        "close": 49.150002,
        "volume": 1307440,
        "typical_volume": 3048113.25,
        "trend": 43.921667,
        "fair_value": 45.280128,
        "relative_strength": -6.374994,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.509789,
        "energy": 26.634103,
        "activity_lines": [
          50.743334,
          51.469091,
          48.427381,
          46.606774
        ]
      },
      {
        "date": "2026-03-20",
        "close": 57.200001,
        "volume": 3391561,
        "typical_volume": 2727838.5,
        "trend": 44.596667,
        "fair_value": 45.275,
        "relative_strength": 8.792292,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.229581,
        "energy": 36.18853,
        "activity_lines": [
          52.660001,
          52.71,
          49.434286,
          47.463441
        ]
      },
      {
        "date": "2026-03-27",
        "close": 54.5,
        "volume": 2242636,
        "typical_volume": 2624656.9,
        "trend": 45.186667,
        "fair_value": 45.260257,
        "relative_strength": 5.338583,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.983311,
        "energy": 36.857024,
        "activity_lines": [
          53.503334,
          53.212727,
          50.143095,
          48.102365
        ]
      },
      {
        "date": "2026-04-03",
        "close": 48.900002,
        "volume": 1958909,
        "typical_volume": 2583978.2,
        "trend": 45.626667,
        "fair_value": 45.207051,
        "relative_strength": -3.523817,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.431566,
        "energy": 26.095675,
        "activity_lines": [
          52.280001,
          52.50091,
          50.275714,
          48.341935
        ]
      },
      {
        "date": "2026-04-10",
        "close": 51.700001,
        "volume": 1575675,
        "typical_volume": 2514072.35,
        "trend": 46.158333,
        "fair_value": 45.191026,
        "relative_strength": -5.764309,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.463527,
        "energy": 25.773853,
        "activity_lines": [
          52.076668,
          52.209092,
          50.655714,
          48.733763
        ]
      },
      {
        "date": "2026-04-17",
        "close": 54.599998,
        "volume": 2190813,
        "typical_volume": 2569439.9,
        "trend": 46.773333,
        "fair_value": 45.18718,
        "relative_strength": -4.006155,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.256259,
        "energy": 27.749436,
        "activity_lines": [
          52.846667,
          52.515455,
          51.27,
          49.278387
        ]
      },
      {
        "date": "2026-04-24",
        "close": 50.900002,
        "volume": 2536874,
        "typical_volume": 2665875.2,
        "trend": 47.14,
        "fair_value": 45.159615,
        "relative_strength": -15.00775,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.25933,
        "energy": 16.081466,
        "activity_lines": [
          52.020001,
          52.240001,
          51.462381,
          49.544624
        ]
      },
      {
        "date": "2026-05-01",
        "close": 49.900002,
        "volume": 1342240,
        "typical_volume": 2699576.0,
        "trend": 47.426667,
        "fair_value": 45.146795,
        "relative_strength": -16.308481,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.91077,
        "energy": 15.665771,
        "activity_lines": [
          51.280001,
          51.850001,
          51.517381,
          49.722688
        ]
      },
      {
        "date": "2026-05-08",
        "close": 51.400002,
        "volume": 1638582,
        "typical_volume": 2745040.4,
        "trend": 47.811667,
        "fair_value": 45.141026,
        "relative_strength": -18.969984,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.270755,
        "energy": 15.069541,
        "activity_lines": [
          51.346668,
          51.761819,
          51.670001,
          49.979033
        ]
      },
      {
        "date": "2026-05-15",
        "close": 47.849998,
        "volume": 1565544,
        "typical_volume": 2766660.55,
        "trend": 48.113333,
        "fair_value": 45.111859,
        "relative_strength": -23.369366,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.242168,
        "energy": 9.346066,
        "activity_lines": [
          50.063334,
          51.006364,
          51.436905,
          49.981506
        ]
      },
      {
        "date": "2026-05-22",
        "close": 46.349998,
        "volume": 1019682,
        "typical_volume": 2774684.5,
        "trend": 48.195,
        "fair_value": 45.09391,
        "relative_strength": -27.286325,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -1.679288,
        "energy": 18.26074,
        "activity_lines": [
          48.536666,
          50.05,
          51.031191,
          49.867742
        ]
      },
      {
        "date": "2026-05-29",
        "close": 45.200001,
        "volume": 1333960,
        "typical_volume": 2778784.25,
        "trend": 48.081667,
        "fair_value": 45.066667,
        "relative_strength": -32.470019,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.467587,
        "energy": 38.238914,
        "activity_lines": [
          47.176666,
          48.935455,
          50.492857,
          49.674516
        ]
      },
      {
        "date": "2026-06-05",
        "close": 44.5,
        "volume": 1244806,
        "typical_volume": 2779852.85,
        "trend": 48.048333,
        "fair_value": 45.016026,
        "relative_strength": -33.470757,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.678826,
        "energy": 48.564692,
        "activity_lines": [
          45.963333,
          47.911818,
          49.880238,
          49.443441
        ]
      },
      {
        "date": "2026-06-12",
        "close": 44.299999,
        "volume": 940370,
        "typical_volume": 2774089.65,
        "trend": 48.03,
        "fair_value": 44.967949,
        "relative_strength": -31.958435,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.948508,
        "energy": 50.842041,
        "activity_lines": [
          45.043333,
          47.033636,
          49.244762,
          49.201613
        ]
      },
      {
        "date": "2026-06-19",
        "close": 44.0,
        "volume": 636165,
        "typical_volume": 2648953.95,
        "trend": 48.066667,
        "fair_value": 44.921795,
        "relative_strength": -35.238335,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.093468,
        "energy": 57.015282,
        "activity_lines": [
          44.496666,
          46.184545,
          48.579286,
          48.941613
        ]
      },
      {
        "date": "2026-06-26",
        "close": 42.25,
        "volume": 801785,
        "typical_volume": 2132669.95,
        "trend": 48.141667,
        "fair_value": 44.872436,
        "relative_strength": -34.702879,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.285528,
        "energy": 63.41962,
        "activity_lines": [
          43.623333,
          45.157273,
          47.802381,
          48.566344
        ]
      },
      {
        "date": "2026-07-03",
        "close": 44.5,
        "volume": 602434,
        "typical_volume": 1682396.15,
        "trend": 48.223333,
        "fair_value": 44.838141,
        "relative_strength": -33.886378,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.502135,
        "energy": 55.438578,
        "activity_lines": [
          43.773333,
          44.763636,
          47.322381,
          48.331398
        ]
      },
      {
        "date": "2026-07-10",
        "close": 44.400002,
        "volume": 890264,
        "typical_volume": 1607783.1,
        "trend": 48.356667,
        "fair_value": 44.795192,
        "relative_strength": -31.52141,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -60.415616,
        "energy": 60.762777,
        "activity_lines": [
          43.936667,
          44.468182,
          46.880953,
          48.084731
        ]
      },
      {
        "date": "2026-07-17",
        "close": 43.25,
        "volume": 880406,
        "typical_volume": 1553713.65,
        "trend": 48.418333,
        "fair_value": 44.757692,
        "relative_strength": -28.674857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.173696,
        "energy": 58.850693,
        "activity_lines": [
          43.723334,
          44.063637,
          46.36381,
          47.755269
        ]
      },
      {
        "date": "2026-07-24",
        "close": 40.088135,
        "volume": 1108199,
        "typical_volume": 1460417.25,
        "trend": 48.367938,
        "fair_value": 44.711463,
        "relative_strength": -34.88591,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.099275,
        "energy": 71.904981,
        "activity_lines": [
          42.526045,
          43.232388,
          45.578632,
          47.217837
        ]
      },
      {
        "date": "2026-07-31",
        "close": 38.950001,
        "volume": 1341795,
        "typical_volume": 1462135.0,
        "trend": 48.282938,
        "fair_value": 44.669475,
        "relative_strength": -35.422003,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.429918,
        "energy": 83.252204,
        "activity_lines": [
          41.21017,
          42.335332,
          44.740832,
          46.610228
        ]
      },
      {
        "date": "2026-08-07",
        "close": 37.700001,
        "volume": 1668867,
        "typical_volume": 1376000.3,
        "trend": 48.086271,
        "fair_value": 44.622039,
        "relative_strength": -38.515914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.35832,
        "energy": 87.856996,
        "activity_lines": [
          39.697628,
          41.345547,
          43.832555,
          45.927458
        ]
      },
      {
        "date": "2026-08-14",
        "close": 38.799999,
        "volume": 1523244,
        "typical_volume": 1340030.7,
        "trend": 47.922938,
        "fair_value": 44.593514,
        "relative_strength": -38.339799,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.747852,
        "energy": 85.555239,
        "activity_lines": [
          39.005085,
          40.692127,
          43.121897,
          45.328344
        ]
      }
    ],
    "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."
    }
  }
}