{
  "ticker": {
    "uuid": "cc058c5f-89f9-48dd-a641-ea93cca8784e",
    "symbol": "AKSHARCHEM",
    "name": "AksharChem (India) Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1c",
    "phase_label": "Stage 1C \u00b7 Breakout watch",
    "transition": "stage_1_to_2_watch",
    "transition_label": "Stage 1 \u2192 2 watch",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 79.921,
    "architecture_energy": 65.995,
    "architecture_maturity": 26.0,
    "architecture_confidence": 87.184,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 18.29,
        "rotation_up": 68.34,
        "upward_expansion": 85.54,
        "deceleration": 48.93,
        "rotation_down": 14.22,
        "downward_expansion": 12.21
      },
      "activity_lines": [
        253.710005,
        245.050366,
        229.110097,
        219.656302
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 278.230011,
    "trend_reference": 213.164,
    "distance_from_trend": 0.305239,
    "trend_direction": "Weakening",
    "fair_value": 263.398591,
    "distance_from_fair_value": 0.056308,
    "fair_value_direction": "Improving",
    "relative_strength": 20.325886,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.267967,
    "excess_performance": 0.311676,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.305239,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.016249,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.056308,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.266705,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.203259,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.318401,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.267967,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 9.01289,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 58616,
      "relative_activity": 2.268061,
      "balance": 9.01289,
      "dry_up": 0.938986,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.097224,
      "annualized_volatility": 0.64462,
      "from_high_reference": -0.156599,
      "from_low_reference": 0.969073
    },
    "levels": {
      "trend_reference": 213.164,
      "fair_value_reference": 263.398591,
      "structural_low": 141.300003,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": -0.035845,
        "positive_rate": 0.266667,
        "directional_follow_through": 0.266667,
        "median_excess_return": -0.04388,
        "regime_survival": 0.6,
        "best_return": 0.162358,
        "worst_return": -0.1112,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.068377,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.285714,
        "median_excess_return": -0.067233,
        "regime_survival": 0.142857,
        "best_return": 0.338232,
        "worst_return": -0.128631,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.035429,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.099465,
        "regime_survival": 0.4,
        "best_return": 0.126266,
        "worst_return": -0.353635,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.208509,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.204037,
        "regime_survival": 0.333333,
        "best_return": 0.136984,
        "worst_return": -0.314803,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-03-29",
        "end": "2024-07-05",
        "tenure": "Established",
        "return": 0.254244,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-12",
        "end": "2024-10-11",
        "tenure": "Established",
        "return": 0.012696,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-18",
        "end": "2024-11-01",
        "tenure": "New",
        "return": -0.032532,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-08",
        "end": "2024-11-29",
        "tenure": "New",
        "return": -0.018474,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-06",
        "end": "2025-01-17",
        "tenure": "Developing",
        "return": -0.077468,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-24",
        "end": "2025-05-23",
        "tenure": "Established",
        "return": -0.055215,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-06-27",
        "tenure": "Developing",
        "return": 0.054793,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-04",
        "end": "2025-07-25",
        "tenure": "New",
        "return": 0.049191,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-01",
        "end": "2025-08-15",
        "tenure": "New",
        "return": -0.012676,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-22",
        "end": "2025-11-28",
        "tenure": "Established",
        "return": -0.050573,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-05",
        "end": "2026-05-22",
        "tenure": "Established",
        "return": -0.206193,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-29",
        "end": "2026-06-19",
        "tenure": "New",
        "return": 0.304396,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-06-26",
        "end": "2026-07-17",
        "tenure": "New",
        "return": -0.019117,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.17605,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 235.214066,
        "volume": 30492,
        "typical_volume": 45533.75,
        "trend": 230.349379,
        "fair_value": 306.579569,
        "relative_strength": -16.303692,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 34.6644,
        "energy": 17.655521,
        "activity_lines": [
          238.080498,
          238.50105,
          236.299087,
          233.139072
        ]
      },
      {
        "date": "2023-08-25",
        "close": 231.883667,
        "volume": 37653,
        "typical_volume": 46666.3,
        "trend": 229.872191,
        "fair_value": 306.523889,
        "relative_strength": -16.888604,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 28.016695,
        "energy": 12.445368,
        "activity_lines": [
          235.817164,
          237.146304,
          236.129372,
          233.238058
        ]
      },
      {
        "date": "2023-09-01",
        "close": 244.857224,
        "volume": 136482,
        "typical_volume": 52019.05,
        "trend": 230.435538,
        "fair_value": 306.619518,
        "relative_strength": -12.030677,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 40.598028,
        "energy": 16.535733,
        "activity_lines": [
          238.266066,
          238.440494,
          237.139373,
          234.204834
        ]
      },
      {
        "date": "2023-09-08",
        "close": 300.529175,
        "volume": 485811,
        "typical_volume": 75396.35,
        "trend": 233.096525,
        "fair_value": 307.111139,
        "relative_strength": 6.69186,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.56211,
        "energy": 66.678966,
        "activity_lines": [
          259.040318,
          249.736658,
          243.383058,
          238.727005
        ]
      },
      {
        "date": "2023-09-15",
        "close": 287.704742,
        "volume": 221679,
        "typical_volume": 84758.8,
        "trend": 234.940658,
        "fair_value": 307.445781,
        "relative_strength": 0.961554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.887927,
        "energy": 74.8896,
        "activity_lines": [
          271.612899,
          257.55242,
          248.04724,
          242.250115
        ]
      },
      {
        "date": "2023-09-22",
        "close": 302.463776,
        "volume": 90056,
        "typical_volume": 88263.35,
        "trend": 237.604826,
        "fair_value": 307.997442,
        "relative_strength": 9.56721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.704364,
        "energy": 84.36029,
        "activity_lines": [
          285.754899,
          267.176798,
          253.864012,
          246.606446
        ]
      },
      {
        "date": "2023-09-29",
        "close": 286.083435,
        "volume": 51072,
        "typical_volume": 89589.85,
        "trend": 239.716354,
        "fair_value": 308.416339,
        "relative_strength": 4.453482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.614646,
        "energy": 79.885891,
        "activity_lines": [
          289.953472,
          272.631842,
          257.780868,
          249.734098
        ]
      },
      {
        "date": "2023-10-06",
        "close": 278.665009,
        "volume": 28281,
        "typical_volume": 89626.2,
        "trend": 241.355264,
        "fair_value": 308.841945,
        "relative_strength": 2.3844,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.269079,
        "energy": 72.375915,
        "activity_lines": [
          288.065918,
          275.858372,
          260.724829,
          252.246914
        ]
      },
      {
        "date": "2023-10-13",
        "close": 281.951019,
        "volume": 62977,
        "typical_volume": 91792.1,
        "trend": 243.557699,
        "fair_value": 309.363387,
        "relative_strength": 3.841431,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.587156,
        "energy": 48.206009,
        "activity_lines": [
          285.019849,
          279.004407,
          263.710689,
          254.865995
        ]
      },
      {
        "date": "2023-10-20",
        "close": 274.881042,
        "volume": 31251,
        "typical_volume": 91292.65,
        "trend": 245.539379,
        "fair_value": 309.802596,
        "relative_strength": 2.979779,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.790106,
        "energy": 36.565318,
        "activity_lines": [
          280.855664,
          280.131815,
          265.757107,
          256.886856
        ]
      },
      {
        "date": "2023-10-27",
        "close": 255.164917,
        "volume": 47002,
        "typical_volume": 90847.1,
        "trend": 247.249915,
        "fair_value": 310.148231,
        "relative_strength": -1.209573,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.733757,
        "energy": 18.529032,
        "activity_lines": [
          270.974351,
          276.993925,
          265.686018,
          257.507859
        ]
      },
      {
        "date": "2023-11-03",
        "close": 250.634186,
        "volume": 22130,
        "typical_volume": 86891.45,
        "trend": 248.265962,
        "fair_value": 310.452518,
        "relative_strength": -3.206932,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.392011,
        "energy": 17.437711,
        "activity_lines": [
          262.736051,
          272.669522,
          265.091503,
          257.726199
        ]
      },
      {
        "date": "2023-11-10",
        "close": 246.302612,
        "volume": 42661,
        "typical_volume": 87302.5,
        "trend": 248.792987,
        "fair_value": 310.762796,
        "relative_strength": -5.364629,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.986866,
        "energy": 18.77179,
        "activity_lines": [
          255.417177,
          267.216642,
          264.071151,
          257.599531
        ]
      },
      {
        "date": "2023-11-17",
        "close": 244.709381,
        "volume": 18768,
        "typical_volume": 86778.55,
        "trend": 249.439222,
        "fair_value": 311.06507,
        "relative_strength": -6.867846,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.603326,
        "energy": 20.163234,
        "activity_lines": [
          249.724719,
          261.447804,
          262.860698,
          257.336072
        ]
      },
      {
        "date": "2023-11-24",
        "close": 251.281448,
        "volume": 25990,
        "typical_volume": 85392.55,
        "trend": 249.996341,
        "fair_value": 311.339433,
        "relative_strength": -4.066718,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -16.13388,
        "energy": 23.277244,
        "activity_lines": [
          248.705726,
          257.888792,
          262.241119,
          257.454926
        ]
      },
      {
        "date": "2023-12-01",
        "close": 255.513443,
        "volume": 23787,
        "typical_volume": 83426.6,
        "trend": 250.810511,
        "fair_value": 311.545331,
        "relative_strength": -4.249345,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.314816,
        "energy": 19.922302,
        "activity_lines": [
          250.670704,
          255.761476,
          261.968905,
          257.810868
        ]
      },
      {
        "date": "2023-12-08",
        "close": 268.259247,
        "volume": 102864,
        "typical_volume": 85161.15,
        "trend": 252.081022,
        "fair_value": 311.77299,
        "relative_strength": -2.390547,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.609123,
        "energy": 14.841687,
        "activity_lines": [
          256.861048,
          256.805221,
          262.822198,
          258.936593
        ]
      },
      {
        "date": "2023-12-15",
        "close": 265.869415,
        "volume": 51590,
        "typical_volume": 86136.15,
        "trend": 253.551889,
        "fair_value": 311.94684,
        "relative_strength": -5.038818,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.211637,
        "energy": 17.296627,
        "activity_lines": [
          261.079778,
          257.738527,
          263.302364,
          259.826166
        ]
      },
      {
        "date": "2023-12-22",
        "close": 262.185059,
        "volume": 71005,
        "typical_volume": 87172.35,
        "trend": 254.755793,
        "fair_value": 312.135247,
        "relative_strength": -5.715743,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.414187,
        "energy": 19.846564,
        "activity_lines": [
          262.765935,
          258.234598,
          263.315013,
          260.383145
        ]
      },
      {
        "date": "2023-12-29",
        "close": 297.186249,
        "volume": 632493,
        "typical_volume": 110702.2,
        "trend": 257.177767,
        "fair_value": 312.374185,
        "relative_strength": 5.127013,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 61.424152,
        "energy": 40.423508,
        "activity_lines": [
          274.954111,
          265.453902,
          266.56321,
          263.120594
        ]
      },
      {
        "date": "2024-01-05",
        "close": 286.780487,
        "volume": 228459,
        "typical_volume": 120600.55,
        "trend": 258.875109,
        "fair_value": 312.376371,
        "relative_strength": 1.921442,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 60.516064,
        "energy": 54.144237,
        "activity_lines": [
          280.613379,
          270.375701,
          268.535927,
          265.030447
        ]
      },
      {
        "date": "2024-01-12",
        "close": 294.895966,
        "volume": 153399,
        "typical_volume": 126387.85,
        "trend": 260.443652,
        "fair_value": 312.594318,
        "relative_strength": 4.107139,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.831285,
        "energy": 63.444756,
        "activity_lines": [
          286.893337,
          276.198212,
          271.035993,
          267.354373
        ]
      },
      {
        "date": "2024-01-19",
        "close": 282.548492,
        "volume": 128178,
        "typical_volume": 125972.65,
        "trend": 261.920396,
        "fair_value": 312.740055,
        "relative_strength": 1.173495,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.262997,
        "energy": 58.577844,
        "activity_lines": [
          287.281689,
          278.970969,
          272.06005,
          268.780492
        ]
      },
      {
        "date": "2024-01-26",
        "close": 277.768799,
        "volume": 40086,
        "typical_volume": 103686.4,
        "trend": 263.267641,
        "fair_value": 312.874713,
        "relative_strength": 0.865409,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.962341,
        "energy": 39.58287,
        "activity_lines": [
          284.964872,
          280.215674,
          272.449416,
          269.802969
        ]
      },
      {
        "date": "2024-02-02",
        "close": 277.818604,
        "volume": 75203,
        "typical_volume": 96362.6,
        "trend": 264.541985,
        "fair_value": 313.010322,
        "relative_strength": -1.422083,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.788361,
        "energy": 28.147333,
        "activity_lines": [
          281.625741,
          280.868355,
          272.951908,
          270.741741
        ]
      },
      {
        "date": "2024-02-09",
        "close": 267.711578,
        "volume": 63334,
        "typical_volume": 95026.5,
        "trend": 265.567244,
        "fair_value": 312.964727,
        "relative_strength": -4.687541,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 29.036556,
        "energy": 14.022124,
        "activity_lines": [
          276.208777,
          279.200901,
          272.538903,
          270.946231
        ]
      },
      {
        "date": "2024-02-16",
        "close": 262.035706,
        "volume": 46251,
        "typical_volume": 94785.45,
        "trend": 266.378454,
        "fair_value": 313.056583,
        "relative_strength": -7.654996,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.445815,
        "energy": 13.630952,
        "activity_lines": [
          270.171116,
          276.279685,
          271.750826,
          270.71839
        ]
      },
      {
        "date": "2024-02-23",
        "close": 301.816528,
        "volume": 773049,
        "typical_volume": 132023.85,
        "trend": 268.39308,
        "fair_value": 313.483578,
        "relative_strength": 5.407472,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.185892,
        "energy": 18.818709,
        "activity_lines": [
          279.584414,
          280.704502,
          274.865911,
          273.004717
        ]
      },
      {
        "date": "2024-03-01",
        "close": 340.651398,
        "volume": 1374464,
        "typical_volume": 197598.2,
        "trend": 271.693918,
        "fair_value": 314.070547,
        "relative_strength": 17.843695,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 72.079723,
        "energy": 52.080126,
        "activity_lines": [
          300.658132,
          291.536621,
          281.56931,
          277.666544
        ]
      },
      {
        "date": "2024-03-08",
        "close": 311.176727,
        "volume": 146937,
        "typical_volume": 203382.5,
        "trend": 274.151447,
        "fair_value": 314.521893,
        "relative_strength": 6.802657,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.488463,
        "energy": 56.568664,
        "activity_lines": [
          307.714787,
          295.583047,
          285.186072,
          280.213822
        ]
      },
      {
        "date": "2024-03-15",
        "close": 276.972168,
        "volume": 47990,
        "typical_volume": 203431.9,
        "trend": 275.543383,
        "fair_value": 314.806035,
        "relative_strength": -2.900556,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.862639,
        "energy": 47.363791,
        "activity_lines": [
          301.146047,
          293.156091,
          285.37242,
          280.395804
        ]
      },
      {
        "date": "2024-03-22",
        "close": 267.562225,
        "volume": 54621,
        "typical_volume": 205056.45,
        "trend": 276.732669,
        "fair_value": 315.06109,
        "relative_strength": -6.426999,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.270905,
        "energy": 23.95087,
        "activity_lines": [
          290.823287,
          289.196569,
          284.558739,
          279.880891
        ]
      },
      {
        "date": "2024-03-29",
        "close": 252.227417,
        "volume": 37417,
        "typical_volume": 204794.25,
        "trend": 276.978342,
        "fair_value": 315.109002,
        "relative_strength": -12.641391,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.572658,
        "energy": 13.246174,
        "activity_lines": [
          275.020489,
          282.945877,
          282.20399,
          278.299907
        ]
      },
      {
        "date": "2024-04-05",
        "close": 276.573883,
        "volume": 26107,
        "typical_volume": 205161.2,
        "trend": 276.179832,
        "fair_value": 315.325284,
        "relative_strength": -4.972078,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.156218,
        "energy": 17.995977,
        "activity_lines": [
          270.639121,
          281.673107,
          282.13974,
          278.273813
        ]
      },
      {
        "date": "2024-04-12",
        "close": 274.73172,
        "volume": 20000,
        "typical_volume": 204861.7,
        "trend": 275.747398,
        "fair_value": 315.591594,
        "relative_strength": -5.526491,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.562715,
        "energy": 17.693227,
        "activity_lines": [
          269.915533,
          280.087125,
          281.748309,
          278.180386
        ]
      },
      {
        "date": "2024-04-19",
        "close": 270.748627,
        "volume": 10955,
        "typical_volume": 204220.1,
        "trend": 274.690226,
        "fair_value": 315.823222,
        "relative_strength": -5.251648,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.190806,
        "energy": 16.786619,
        "activity_lines": [
          270.293915,
          277.833069,
          280.865868,
          277.857885
        ]
      },
      {
        "date": "2024-04-26",
        "close": 279.81012,
        "volume": 27131,
        "typical_volume": 200433.45,
        "trend": 274.481116,
        "fair_value": 315.970335,
        "relative_strength": -3.199941,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.814225,
        "energy": 5.888156,
        "activity_lines": [
          274.107697,
          277.171338,
          280.773878,
          278.188201
        ]
      },
      {
        "date": "2024-05-03",
        "close": 272.740173,
        "volume": 30500,
        "typical_volume": 199378.95,
        "trend": 274.283621,
        "fair_value": 316.088218,
        "relative_strength": -5.788495,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.899867,
        "energy": 6.438433,
        "activity_lines": [
          274.748303,
          274.900991,
          279.953556,
          278.075882
        ]
      },
      {
        "date": "2024-05-10",
        "close": 260.691406,
        "volume": 38664,
        "typical_volume": 197761.9,
        "trend": 273.574967,
        "fair_value": 315.959132,
        "relative_strength": -8.130638,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.098532,
        "energy": 10.741784,
        "activity_lines": [
          270.005137,
          270.96862,
          277.953014,
          277.198965
        ]
      },
      {
        "date": "2024-05-17",
        "close": 266.815369,
        "volume": 28338,
        "typical_volume": 167554.15,
        "trend": 273.306112,
        "fair_value": 315.75541,
        "relative_strength": -7.650146,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.086681,
        "energy": 12.965735,
        "activity_lines": [
          268.362124,
          269.603515,
          276.542819,
          276.762861
        ]
      },
      {
        "date": "2024-05-24",
        "close": 275.777283,
        "volume": 61287,
        "typical_volume": 159195.55,
        "trend": 273.993191,
        "fair_value": 315.617655,
        "relative_strength": -6.560747,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.573304,
        "energy": 13.100413,
        "activity_lines": [
          270.234172,
          270.674419,
          276.130763,
          276.922292
        ]
      },
      {
        "date": "2024-05-31",
        "close": 254.46788,
        "volume": 55081,
        "typical_volume": 154279.65,
        "trend": 274.12098,
        "fair_value": 315.385892,
        "relative_strength": -12.041217,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -32.267075,
        "energy": 32.037774,
        "activity_lines": [
          264.667842,
          267.892611,
          273.741637,
          275.662594
        ]
      },
      {
        "date": "2024-06-07",
        "close": 255.961517,
        "volume": 45126,
        "typical_volume": 150127.05,
        "trend": 274.442944,
        "fair_value": 314.866827,
        "relative_strength": -14.189472,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.90306,
        "energy": 33.835021,
        "activity_lines": [
          261.288873,
          265.620453,
          271.687276,
          274.491016
        ]
      },
      {
        "date": "2024-06-14",
        "close": 271.146942,
        "volume": 39592,
        "typical_volume": 150102.35,
        "trend": 275.324196,
        "fair_value": 314.336577,
        "relative_strength": -9.559658,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -49.816527,
        "energy": 35.086752,
        "activity_lines": [
          264.09029,
          266.041388,
          271.205751,
          274.278371
        ]
      },
      {
        "date": "2024-06-21",
        "close": 305.650238,
        "volume": 106035,
        "typical_volume": 151643.95,
        "trend": 277.136489,
        "fair_value": 314.083343,
        "relative_strength": 1.757789,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 11.927142,
        "energy": 8.2264,
        "activity_lines": [
          277.69577,
          272.834322,
          274.041786,
          276.23489
        ]
      },
      {
        "date": "2024-06-28",
        "close": 324.121704,
        "volume": 276164,
        "typical_volume": 162285.45,
        "trend": 279.423431,
        "fair_value": 313.979434,
        "relative_strength": 5.438312,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 36.922146,
        "energy": 44.742491,
        "activity_lines": [
          294.869414,
          282.423549,
          278.504478,
          279.266194
        ]
      },
      {
        "date": "2024-07-05",
        "close": 316.354706,
        "volume": 88895,
        "typical_volume": 164417.65,
        "trend": 281.026613,
        "fair_value": 313.444941,
        "relative_strength": 1.492972,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 68.567503,
        "energy": 71.912906,
        "activity_lines": [
          306.231097,
          289.630175,
          281.958835,
          281.648857
        ]
      },
      {
        "date": "2024-07-12",
        "close": 320.387573,
        "volume": 113958,
        "typical_volume": 131463.1,
        "trend": 282.843885,
        "fair_value": 312.716402,
        "relative_strength": 1.891348,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.252992,
        "energy": 77.22797,
        "activity_lines": [
          314.811281,
          296.905602,
          285.538613,
          284.188274
        ]
      },
      {
        "date": "2024-07-19",
        "close": 298.630066,
        "volume": 47788,
        "typical_volume": 65129.3,
        "trend": 284.058718,
        "fair_value": 311.864167,
        "relative_strength": -5.158606,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.87649,
        "energy": 70.65373,
        "activity_lines": [
          311.843892,
          299.358803,
          286.957815,
          285.206737
        ]
      },
      {
        "date": "2024-07-26",
        "close": 324.768921,
        "volume": 106179,
        "typical_volume": 63091.4,
        "trend": 284.978141,
        "fair_value": 311.142577,
        "relative_strength": 1.759874,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.728867,
        "energy": 66.438553,
        "activity_lines": [
          315.757247,
          305.874729,
          291.066532,
          287.833202
        ]
      },
      {
        "date": "2024-08-02",
        "close": 364.499969,
        "volume": 294876,
        "typical_volume": 75435.7,
        "trend": 287.56879,
        "fair_value": 310.596484,
        "relative_strength": 14.345216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.598286,
        "energy": 73.040764,
        "activity_lines": [
          331.639705,
          318.560781,
          298.894434,
          292.963642
        ]
      },
      {
        "date": "2024-08-09",
        "close": 316.952148,
        "volume": 207127,
        "typical_volume": 83061.0,
        "trend": 288.303996,
        "fair_value": 309.831727,
        "relative_strength": 0.740252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.37717,
        "energy": 44.598559,
        "activity_lines": [
          328.981006,
          320.988635,
          301.777173,
          294.859343
        ]
      },
      {
        "date": "2024-08-16",
        "close": 313.068695,
        "volume": 38103,
        "typical_volume": 83095.3,
        "trend": 289.321336,
        "fair_value": 309.201398,
        "relative_strength": -1.282855,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.955917,
        "energy": 41.701061,
        "activity_lines": [
          324.987992,
          321.574329,
          304.05487,
          296.457065
        ]
      },
      {
        "date": "2024-08-23",
        "close": 349.762634,
        "volume": 106607,
        "typical_volume": 87120.3,
        "trend": 291.721131,
        "fair_value": 308.764326,
        "relative_strength": 8.70232,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.655983,
        "energy": 47.100497,
        "activity_lines": [
          333.714217,
          327.793336,
          309.537507,
          300.356504
        ]
      },
      {
        "date": "2024-08-30",
        "close": 341.796509,
        "volume": 98745,
        "typical_volume": 91057.55,
        "trend": 293.853728,
        "fair_value": 308.111819,
        "relative_strength": 4.342768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.984776,
        "energy": 38.702386,
        "activity_lines": [
          336.376229,
          331.13458,
          313.912947,
          303.587173
        ]
      },
      {
        "date": "2024-09-06",
        "close": 341.69693,
        "volume": 46124,
        "typical_volume": 92816.0,
        "trend": 296.319906,
        "fair_value": 307.581084,
        "relative_strength": 6.145416,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.896145,
        "energy": 38.921189,
        "activity_lines": [
          337.869875,
          333.800514,
          317.959548,
          306.673831
        ]
      },
      {
        "date": "2024-09-13",
        "close": 340.999908,
        "volume": 74662,
        "typical_volume": 95192.55,
        "trend": 298.952046,
        "fair_value": 307.16135,
        "relative_strength": 3.945384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.058457,
        "energy": 40.002932,
        "activity_lines": [
          340.651383,
          336.020168,
          321.601916,
          309.556412
        ]
      },
      {
        "date": "2024-09-20",
        "close": 334.427856,
        "volume": 36463,
        "typical_volume": 95490.7,
        "trend": 300.03909,
        "fair_value": 306.700124,
        "relative_strength": 0.584667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.981523,
        "energy": 35.899395,
        "activity_lines": [
          339.639024,
          336.596808,
          324.326995,
          311.845174
        ]
      },
      {
        "date": "2024-09-27",
        "close": 323.358368,
        "volume": 48171,
        "typical_volume": 95966.05,
        "trend": 299.462656,
        "fair_value": 306.019983,
        "relative_strength": -3.868341,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.106211,
        "energy": 25.662379,
        "activity_lines": [
          333.51289,
          334.905536,
          325.704086,
          313.349644
        ]
      },
      {
        "date": "2024-10-04",
        "close": 314.632446,
        "volume": 30299,
        "typical_volume": 96064.1,
        "trend": 299.577847,
        "fair_value": 304.60776,
        "relative_strength": -1.873487,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.563268,
        "energy": 17.134573,
        "activity_lines": [
          326.238401,
          331.178127,
          325.951722,
          314.32834
        ]
      },
      {
        "date": "2024-10-11",
        "close": 324.455353,
        "volume": 37214,
        "typical_volume": 94860.45,
        "trend": 301.16062,
        "fair_value": 303.483145,
        "relative_strength": 1.588985,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.227539,
        "energy": 16.972093,
        "activity_lines": [
          324.049152,
          329.421001,
          326.907174,
          315.93334
        ]
      },
      {
        "date": "2024-10-18",
        "close": 305.008972,
        "volume": 18546,
        "typical_volume": 93033.7,
        "trend": 302.408844,
        "fair_value": 302.285737,
        "relative_strength": -3.817033,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.103981,
        "energy": 11.242467,
        "activity_lines": [
          316.527213,
          324.856253,
          325.778788,
          316.181621
        ]
      },
      {
        "date": "2024-10-25",
        "close": 283.867249,
        "volume": 32933,
        "typical_volume": 92424.05,
        "trend": 303.463505,
        "fair_value": 300.888849,
        "relative_strength": -7.761256,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -6.885481,
        "energy": 17.033404,
        "activity_lines": [
          304.35743,
          316.664704,
          322.396234,
          314.985389
        ]
      },
      {
        "date": "2024-11-01",
        "close": 295.086334,
        "volume": 24967,
        "typical_volume": 91692.8,
        "trend": 304.080587,
        "fair_value": 299.872839,
        "relative_strength": -4.474467,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.979955,
        "energy": 29.899883,
        "activity_lines": [
          299.298049,
          311.043925,
          319.949279,
          314.444926
        ]
      },
      {
        "date": "2024-11-08",
        "close": 313.0867,
        "volume": 35187,
        "typical_volume": 88150.4,
        "trend": 305.359087,
        "fair_value": 298.790212,
        "relative_strength": 1.963915,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.061388,
        "energy": 29.984067,
        "activity_lines": [
          302.123592,
          309.690053,
          319.102648,
          315.025966
        ]
      },
      {
        "date": "2024-11-15",
        "close": 300.471466,
        "volume": 36494,
        "typical_volume": 76166.9,
        "trend": 306.349848,
        "fair_value": 297.856768,
        "relative_strength": 0.359267,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.446082,
        "energy": 31.61564,
        "activity_lines": [
          300.847107,
          306.5645,
          317.019154,
          314.710635
        ]
      },
      {
        "date": "2024-11-22",
        "close": 293.29129,
        "volume": 26143,
        "typical_volume": 73029.3,
        "trend": 306.79922,
        "fair_value": 297.1118,
        "relative_strength": -3.511489,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.933989,
        "energy": 22.90537,
        "activity_lines": [
          298.776155,
          302.883013,
          314.364454,
          313.868148
        ]
      },
      {
        "date": "2024-11-29",
        "close": 307.302643,
        "volume": 22895,
        "typical_volume": 68476.15,
        "trend": 307.951302,
        "fair_value": 296.150235,
        "relative_strength": 0.14084,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.070355,
        "energy": 15.68427,
        "activity_lines": [
          302.156834,
          302.616475,
          313.153994,
          313.900627
        ]
      },
      {
        "date": "2024-12-06",
        "close": 309.596344,
        "volume": 32630,
        "typical_volume": 67718.25,
        "trend": 309.581467,
        "fair_value": 295.316966,
        "relative_strength": -1.30983,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -11.668824,
        "energy": 11.218392,
        "activity_lines": [
          304.73972,
          303.260159,
          312.224291,
          314.006758
        ]
      },
      {
        "date": "2024-12-13",
        "close": 302.166809,
        "volume": 33182,
        "typical_volume": 64068.4,
        "trend": 310.759848,
        "fair_value": 294.371798,
        "relative_strength": -4.002317,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -11.835728,
        "energy": 10.5513,
        "activity_lines": [
          303.87876,
          302.803237,
          310.534793,
          313.528393
        ]
      },
      {
        "date": "2024-12-20",
        "close": 311.690552,
        "volume": 562889,
        "typical_volume": 77469.05,
        "trend": 311.956957,
        "fair_value": 293.583772,
        "relative_strength": 3.833822,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -7.199068,
        "energy": 6.693685,
        "activity_lines": [
          306.920374,
          304.304553,
          309.859948,
          313.588439
        ]
      },
      {
        "date": "2024-12-27",
        "close": 311.191925,
        "volume": 30330,
        "typical_volume": 68629.2,
        "trend": 313.847759,
        "fair_value": 292.700912,
        "relative_strength": 2.778644,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.426671,
        "energy": 15.070981,
        "activity_lines": [
          309.047839,
          305.947296,
          309.389087,
          313.539082
        ]
      },
      {
        "date": "2025-01-03",
        "close": 305.756927,
        "volume": 39044,
        "typical_volume": 68676.25,
        "trend": 315.507606,
        "fair_value": 291.774939,
        "relative_strength": 0.250164,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.303477,
        "energy": 13.93973,
        "activity_lines": [
          308.170264,
          306.489441,
          308.428038,
          313.017093
        ]
      },
      {
        "date": "2025-01-10",
        "close": 282.720428,
        "volume": 24169,
        "typical_volume": 64554.35,
        "trend": 315.893389,
        "fair_value": 290.607749,
        "relative_strength": -4.833005,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.22658,
        "energy": 28.166563,
        "activity_lines": [
          299.716902,
          302.445137,
          305.307854,
          310.901791
        ]
      },
      {
        "date": "2025-01-17",
        "close": 285.612457,
        "volume": 45641,
        "typical_volume": 61899.15,
        "trend": 315.225463,
        "fair_value": 289.657647,
        "relative_strength": -2.801786,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -58.411572,
        "energy": 42.317371,
        "activity_lines": [
          294.019279,
          299.151491,
          302.782349,
          308.948182
        ]
      },
      {
        "date": "2025-01-24",
        "close": 281.573608,
        "volume": 13882,
        "typical_volume": 60287.05,
        "trend": 313.807193,
        "fair_value": 288.694382,
        "relative_strength": -3.596319,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.096449,
        "energy": 56.002934,
        "activity_lines": [
          288.078995,
          295.623041,
          300.139736,
          306.777095
        ]
      },
      {
        "date": "2025-01-31",
        "close": 265.767181,
        "volume": 31576,
        "typical_volume": 58132.75,
        "trend": 312.120942,
        "fair_value": 287.613884,
        "relative_strength": -10.427323,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.019386,
        "energy": 67.591495,
        "activity_lines": [
          278.877699,
          289.564292,
          296.27805,
          303.677739
        ]
      },
      {
        "date": "2025-02-07",
        "close": 259.135468,
        "volume": 26375,
        "typical_volume": 57628.35,
        "trend": 310.079205,
        "fair_value": 286.642014,
        "relative_strength": -12.68174,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.493217,
        "energy": 72.175809,
        "activity_lines": [
          270.494149,
          282.800216,
          292.143024,
          300.259322
        ]
      },
      {
        "date": "2025-02-14",
        "close": 244.824921,
        "volume": 19894,
        "typical_volume": 56214.5,
        "trend": 308.2857,
        "fair_value": 285.745776,
        "relative_strength": -15.077608,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.439122,
        "energy": 77.611605,
        "activity_lines": [
          260.448513,
          274.309989,
          287.003623,
          296.049368
        ]
      },
      {
        "date": "2025-02-21",
        "close": 230.96315,
        "volume": 31839,
        "typical_volume": 56291.5,
        "trend": 305.158841,
        "fair_value": 284.988184,
        "relative_strength": -18.988997,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.32711,
        "energy": 83.023199,
        "activity_lines": [
          248.308654,
          264.477102,
          280.918023,
          291.060816
        ]
      },
      {
        "date": "2025-02-28",
        "close": 224.580734,
        "volume": 14101,
        "typical_volume": 55135.85,
        "trend": 300.494867,
        "fair_value": 284.162633,
        "relative_strength": -18.196584,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.877174,
        "energy": 84.528932,
        "activity_lines": [
          237.68461,
          254.778388,
          274.622999,
          285.862229
        ]
      },
      {
        "date": "2025-03-07",
        "close": 220.861008,
        "volume": 43589,
        "typical_volume": 56388.0,
        "trend": 297.291829,
        "fair_value": 283.182145,
        "relative_strength": -20.580164,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.614139,
        "energy": 83.89701,
        "activity_lines": [
          229.620182,
          245.987175,
          268.449308,
          280.72456
        ]
      },
      {
        "date": "2025-03-14",
        "close": 204.914963,
        "volume": 44359,
        "typical_volume": 56959.3,
        "trend": 293.686704,
        "fair_value": 282.102621,
        "relative_strength": -25.404599,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.323284,
        "energy": 86.751267,
        "activity_lines": [
          219.234151,
          235.939061,
          261.157651,
          274.764763
        ]
      },
      {
        "date": "2025-03-21",
        "close": 220.910873,
        "volume": 46817,
        "typical_volume": 58051.8,
        "trend": 289.391646,
        "fair_value": 281.217908,
        "relative_strength": -22.54281,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.819303,
        "energy": 80.888652,
        "activity_lines": [
          217.794791,
          230.632785,
          255.765378,
          270.069548
        ]
      },
      {
        "date": "2025-03-28",
        "close": 213.820419,
        "volume": 91809,
        "typical_volume": 60882.9,
        "trend": 285.125776,
        "fair_value": 280.274062,
        "relative_strength": -25.30806,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.730758,
        "energy": 68.755705,
        "activity_lines": [
          215.586215,
          225.161146,
          250.051039,
          265.193985
        ]
      },
      {
        "date": "2025-04-04",
        "close": 213.461411,
        "volume": 23234,
        "typical_volume": 60219.9,
        "trend": 280.851259,
        "fair_value": 278.972819,
        "relative_strength": -23.071246,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.388723,
        "energy": 59.74309,
        "activity_lines": [
          214.400819,
          220.929542,
          244.775206,
          260.570477
        ]
      },
      {
        "date": "2025-04-11",
        "close": 208.993729,
        "volume": 41514,
        "typical_volume": 60988.45,
        "trend": 276.451053,
        "fair_value": 277.7123,
        "relative_strength": -24.063899,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.030816,
        "energy": 57.953654,
        "activity_lines": [
          212.467484,
          217.124036,
          239.488213,
          255.934508
        ]
      },
      {
        "date": "2025-04-18",
        "close": 220.48204,
        "volume": 28905,
        "typical_volume": 61288.95,
        "trend": 272.652859,
        "fair_value": 276.599245,
        "relative_strength": -22.959642,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.000046,
        "energy": 52.531515,
        "activity_lines": [
          215.154737,
          216.439558,
          235.696762,
          252.323604
        ]
      },
      {
        "date": "2025-04-25",
        "close": 224.122009,
        "volume": 40009,
        "typical_volume": 61657.9,
        "trend": 269.34498,
        "fair_value": 275.647297,
        "relative_strength": -21.904048,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.088303,
        "energy": 42.025037,
        "activity_lines": [
          218.017509,
          217.119682,
          232.665406,
          249.192581
        ]
      },
      {
        "date": "2025-05-02",
        "close": 223.084869,
        "volume": 8996,
        "typical_volume": 60448.6,
        "trend": 266.293394,
        "fair_value": 274.906977,
        "relative_strength": -22.87753,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.984551,
        "energy": 37.613165,
        "activity_lines": [
          220.320491,
          217.987652,
          229.942296,
          246.208058
        ]
      },
      {
        "date": "2025-05-09",
        "close": 223.035004,
        "volume": 25740,
        "typical_volume": 33591.15,
        "trend": 262.912716,
        "fair_value": 274.369022,
        "relative_strength": -21.485469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.288966,
        "energy": 30.064535,
        "activity_lines": [
          221.989222,
          218.989798,
          227.591017,
          243.417194
        ]
      },
      {
        "date": "2025-05-16",
        "close": 249.033325,
        "volume": 43463,
        "typical_volume": 34247.8,
        "trend": 261.046861,
        "fair_value": 273.946813,
        "relative_strength": -15.61485,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.920782,
        "energy": 19.117219,
        "activity_lines": [
          231.68582,
          224.747014,
          228.137937,
          242.521749
        ]
      },
      {
        "date": "2025-05-23",
        "close": 266.026459,
        "volume": 159983,
        "typical_volume": 40294.75,
        "trend": 260.452168,
        "fair_value": 273.879493,
        "relative_strength": -9.058211,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 12.001344,
        "energy": 21.094738,
        "activity_lines": [
          244.37749,
          233.081668,
          230.599245,
          242.843014
        ]
      },
      {
        "date": "2025-05-30",
        "close": 248.434967,
        "volume": 32470,
        "typical_volume": 40709.8,
        "trend": 258.897123,
        "fair_value": 273.595678,
        "relative_strength": -14.544885,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.498621,
        "energy": 21.260183,
        "activity_lines": [
          248.169035,
          237.10675,
          231.574366,
          242.06771
        ]
      },
      {
        "date": "2025-06-06",
        "close": 248.803955,
        "volume": 36172,
        "typical_volume": 40236.35,
        "trend": 256.754364,
        "fair_value": 273.370548,
        "relative_strength": -15.137346,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.211629,
        "energy": 23.219642,
        "activity_lines": [
          250.462712,
          240.698484,
          232.747892,
          241.416538
        ]
      },
      {
        "date": "2025-06-13",
        "close": 248.69426,
        "volume": 46493,
        "typical_volume": 41866.9,
        "trend": 255.028458,
        "fair_value": 273.294262,
        "relative_strength": -13.987873,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.236291,
        "energy": 20.26904,
        "activity_lines": [
          251.005218,
          243.634208,
          234.08625,
          240.896531
        ]
      },
      {
        "date": "2025-06-20",
        "close": 247.278168,
        "volume": 22703,
        "typical_volume": 41423.25,
        "trend": 253.494687,
        "fair_value": 273.112806,
        "relative_strength": -15.379284,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.261437,
        "energy": 14.457236,
        "activity_lines": [
          249.365076,
          245.671863,
          235.44631,
          240.396513
        ]
      },
      {
        "date": "2025-06-27",
        "close": 262.047424,
        "volume": 20726,
        "typical_volume": 41140.8,
        "trend": 251.98618,
        "fair_value": 273.100162,
        "relative_strength": -11.684412,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.076005,
        "energy": 23.763486,
        "activity_lines": [
          252.76503,
          249.698758,
          238.301008,
          240.948302
        ]
      },
      {
        "date": "2025-07-04",
        "close": 295.983856,
        "volume": 160978,
        "typical_volume": 48195.0,
        "trend": 251.53243,
        "fair_value": 273.24174,
        "relative_strength": 0.676591,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 53.925322,
        "energy": 51.519588,
        "activity_lines": [
          267.742397,
          259.140178,
          244.373882,
          243.786862
        ]
      },
      {
        "date": "2025-07-11",
        "close": 301.269287,
        "volume": 80623,
        "typical_volume": 50634.2,
        "trend": 251.502513,
        "fair_value": 273.387608,
        "relative_strength": 3.932059,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 51.923372,
        "energy": 67.178483,
        "activity_lines": [
          281.311648,
          268.236007,
          250.706516,
          246.995691
        ]
      },
      {
        "date": "2025-07-18",
        "close": 309.596344,
        "volume": 68757,
        "typical_volume": 53367.0,
        "trend": 251.432706,
        "fair_value": 273.483126,
        "relative_strength": 7.540365,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 51.311468,
        "energy": 74.218965,
        "activity_lines": [
          294.158897,
          277.424311,
          257.497412,
          250.743681
        ]
      },
      {
        "date": "2025-07-25",
        "close": 310.543701,
        "volume": 37538,
        "typical_volume": 53064.45,
        "trend": 251.411098,
        "fair_value": 273.622899,
        "relative_strength": 8.544013,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 73.721498,
        "energy": 85.404424,
        "activity_lines": [
          303.261792,
          285.21102,
          263.973696,
          254.557293
        ]
      },
      {
        "date": "2025-08-01",
        "close": 279.279907,
        "volume": 61203,
        "typical_volume": 53906.65,
        "trend": 250.528531,
        "fair_value": 273.623036,
        "relative_strength": -0.744426,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.533738,
        "energy": 71.18531,
        "activity_lines": [
          297.72572,
          286.195031,
          267.045415,
          256.355281
        ]
      },
      {
        "date": "2025-08-08",
        "close": 260.980377,
        "volume": 19500,
        "typical_volume": 52540.8,
        "trend": 249.803862,
        "fair_value": 273.54437,
        "relative_strength": -6.11707,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.729209,
        "energy": 40.838047,
        "activity_lines": [
          284.940973,
          283.610884,
          268.020203,
          257.029594
        ]
      },
      {
        "date": "2025-08-15",
        "close": 275.739685,
        "volume": 17548,
        "typical_volume": 48827.75,
        "trend": 249.47477,
        "fair_value": 273.539314,
        "relative_strength": -1.627925,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.900259,
        "energy": 25.94462,
        "activity_lines": [
          279.40956,
          283.482149,
          270.209833,
          258.702872
        ]
      },
      {
        "date": "2025-08-22",
        "close": 280.327026,
        "volume": 21401,
        "typical_volume": 48736.1,
        "trend": 249.433217,
        "fair_value": 273.561119,
        "relative_strength": -0.477602,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.3331,
        "energy": 24.61853,
        "activity_lines": [
          277.109234,
          283.697735,
          272.541498,
          260.693341
        ]
      },
      {
        "date": "2025-08-29",
        "close": 280.775787,
        "volume": 116476,
        "typical_volume": 52484.2,
        "trend": 249.933504,
        "fair_value": 273.007655,
        "relative_strength": 1.844964,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.925415,
        "energy": 21.071836,
        "activity_lines": [
          276.909784,
          283.419774,
          274.597495,
          262.715442
        ]
      },
      {
        "date": "2025-09-05",
        "close": 270.450012,
        "volume": 149928,
        "typical_volume": 58535.35,
        "trend": 250.310656,
        "fair_value": 272.356182,
        "relative_strength": -2.678812,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.065688,
        "energy": 16.613415,
        "activity_lines": [
          275.252936,
          280.65535,
          275.328266,
          264.039087
        ]
      },
      {
        "date": "2025-09-12",
        "close": 271.049988,
        "volume": 18127,
        "typical_volume": 57441.25,
        "trend": 251.184825,
        "fair_value": 271.911558,
        "relative_strength": -3.472703,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.537717,
        "energy": 14.878911,
        "activity_lines": [
          274.384739,
          277.847239,
          275.878234,
          265.377109
        ]
      },
      {
        "date": "2025-09-19",
        "close": 267.100006,
        "volume": 21437,
        "typical_volume": 58063.3,
        "trend": 252.389386,
        "fair_value": 271.446502,
        "relative_strength": -5.285176,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.583313,
        "energy": 10.852376,
        "activity_lines": [
          271.528575,
          274.774293,
          275.828547,
          266.403895
        ]
      },
      {
        "date": "2025-09-26",
        "close": 270.049988,
        "volume": 23706,
        "typical_volume": 57961.6,
        "trend": 253.905028,
        "fair_value": 271.098815,
        "relative_strength": -1.389436,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.450258,
        "energy": 11.413011,
        "activity_lines": [
          270.231716,
          272.858967,
          275.850214,
          267.543288
        ]
      },
      {
        "date": "2025-10-03",
        "close": 270.600006,
        "volume": 14516,
        "typical_volume": 56514.25,
        "trend": 255.562995,
        "fair_value": 270.695069,
        "relative_strength": -1.849194,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.683464,
        "energy": 10.730572,
        "activity_lines": [
          269.803333,
          271.762668,
          275.700384,
          268.620384
        ]
      },
      {
        "date": "2025-10-10",
        "close": 264.75,
        "volume": 19105,
        "typical_volume": 49470.35,
        "trend": 257.557496,
        "fair_value": 270.237891,
        "relative_strength": -5.039832,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.576088,
        "energy": 9.235205,
        "activity_lines": [
          268.103333,
          270.328981,
          274.890712,
          269.213094
        ]
      },
      {
        "date": "2025-10-17",
        "close": 263.549988,
        "volume": 30534,
        "typical_volume": 49373.55,
        "trend": 258.9788,
        "fair_value": 269.824321,
        "relative_strength": -6.702179,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.767612,
        "energy": 8.693037,
        "activity_lines": [
          266.383329,
          268.94129,
          273.972831,
          269.599706
        ]
      },
      {
        "date": "2025-10-24",
        "close": 267.5,
        "volume": 21769,
        "typical_volume": 48653.4,
        "trend": 260.768119,
        "fair_value": 269.429061,
        "relative_strength": -5.390275,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.885341,
        "energy": 8.868367,
        "activity_lines": [
          266.479997,
          268.225063,
          273.359165,
          270.149461
        ]
      },
      {
        "date": "2025-10-31",
        "close": 268.149994,
        "volume": 23950,
        "typical_volume": 47526.25,
        "trend": 262.591072,
        "fair_value": 269.057405,
        "relative_strength": -4.603764,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.741121,
        "energy": 8.598584,
        "activity_lines": [
          266.766663,
          267.776829,
          272.718375,
          270.625711
        ]
      },
      {
        "date": "2025-11-07",
        "close": 251.100006,
        "volume": 19022,
        "typical_volume": 47342.2,
        "trend": 263.994615,
        "fair_value": 268.767635,
        "relative_strength": -9.367301,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -22.497219,
        "energy": 21.177581,
        "activity_lines": [
          261.496665,
          264.449998,
          270.36113,
          269.884352
        ]
      },
      {
        "date": "2025-11-14",
        "close": 263.399994,
        "volume": 20497,
        "typical_volume": 47330.75,
        "trend": 265.425213,
        "fair_value": 268.50095,
        "relative_strength": -6.027854,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -20.463972,
        "energy": 16.912763,
        "activity_lines": [
          261.626664,
          263.899088,
          269.157113,
          269.845989
        ]
      },
      {
        "date": "2025-11-21",
        "close": 249.399994,
        "volume": 16448,
        "typical_volume": 40104.25,
        "trend": 266.267813,
        "fair_value": 268.076015,
        "relative_strength": -11.135589,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.202734,
        "energy": 32.359177,
        "activity_lines": [
          257.179997,
          260.930906,
          266.613323,
          268.812104
        ]
      },
      {
        "date": "2025-11-28",
        "close": 266.149994,
        "volume": 59481,
        "typical_volume": 39047.15,
        "trend": 267.703317,
        "fair_value": 267.858503,
        "relative_strength": -5.218841,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -20.923076,
        "energy": 26.598808,
        "activity_lines": [
          259.259996,
          261.401814,
          265.886598,
          268.804503
        ]
      },
      {
        "date": "2025-12-05",
        "close": 250.300003,
        "volume": 18832,
        "typical_volume": 36550.9,
        "trend": 268.61215,
        "fair_value": 267.575713,
        "relative_strength": -10.326474,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.90749,
        "energy": 39.313366,
        "activity_lines": [
          256.146664,
          259.008179,
          263.817585,
          267.681709
        ]
      },
      {
        "date": "2025-12-12",
        "close": 249.350006,
        "volume": 12328,
        "typical_volume": 35290.4,
        "trend": 268.622706,
        "fair_value": 267.371591,
        "relative_strength": -9.760746,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.496013,
        "energy": 45.523634,
        "activity_lines": [
          253.906667,
          256.800908,
          261.940459,
          266.43899
        ]
      },
      {
        "date": "2025-12-19",
        "close": 249.449997,
        "volume": 30550,
        "typical_volume": 33757.75,
        "trend": 268.070157,
        "fair_value": 267.430346,
        "relative_strength": -8.848421,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.651835,
        "energy": 36.74936,
        "activity_lines": [
          251.816667,
          254.998181,
          260.364256,
          265.202041
        ]
      },
      {
        "date": "2025-12-26",
        "close": 246.300003,
        "volume": 37562,
        "typical_volume": 34660.85,
        "trend": 267.998992,
        "fair_value": 267.321381,
        "relative_strength": -9.66669,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.533722,
        "energy": 44.576356,
        "activity_lines": [
          249.606668,
          252.900909,
          258.630099,
          263.797515
        ]
      },
      {
        "date": "2026-01-02",
        "close": 239.070007,
        "volume": 23337,
        "typical_volume": 34950.3,
        "trend": 267.674527,
        "fair_value": 267.053591,
        "relative_strength": -12.685146,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.611989,
        "energy": 46.899254,
        "activity_lines": [
          245.193337,
          249.802728,
          256.277279,
          261.931128
        ]
      },
      {
        "date": "2026-01-09",
        "close": 229.009995,
        "volume": 18065,
        "typical_volume": 34783.5,
        "trend": 267.018385,
        "fair_value": 266.836342,
        "relative_strength": -13.755767,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.991924,
        "energy": 55.616408,
        "activity_lines": [
          239.232001,
          245.392364,
          253.140979,
          259.436642
        ]
      },
      {
        "date": "2026-01-16",
        "close": 220.770004,
        "volume": 8951,
        "typical_volume": 29407.25,
        "trend": 266.134779,
        "fair_value": 266.610881,
        "relative_strength": -16.31609,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.331779,
        "energy": 65.984316,
        "activity_lines": [
          231.943335,
          240.195456,
          249.464285,
          256.452876
        ]
      },
      {
        "date": "2026-01-23",
        "close": 229.350006,
        "volume": 48460,
        "typical_volume": 24333.85,
        "trend": 265.044865,
        "fair_value": 266.502873,
        "relative_strength": -10.312563,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.285622,
        "energy": 61.910572,
        "activity_lines": [
          229.420003,
          237.110002,
          246.890477,
          254.079665
        ]
      },
      {
        "date": "2026-01-30",
        "close": 221.619995,
        "volume": 16411,
        "typical_volume": 24248.05,
        "trend": 262.56607,
        "fair_value": 266.462252,
        "relative_strength": -13.852118,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.217812,
        "energy": 63.911609,
        "activity_lines": [
          225.660001,
          233.238183,
          243.77619,
          251.27806
        ]
      },
      {
        "date": "2026-02-06",
        "close": 219.429993,
        "volume": 11270,
        "typical_volume": 23739.7,
        "trend": 259.838094,
        "fair_value": 266.454114,
        "relative_strength": -15.548809,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.927831,
        "energy": 61.666368,
        "activity_lines": [
          222.815331,
          229.473272,
          240.688714,
          248.495088
        ]
      },
      {
        "date": "2026-02-13",
        "close": 223.160004,
        "volume": 8356,
        "typical_volume": 22972.2,
        "trend": 256.956882,
        "fair_value": 266.395006,
        "relative_strength": -13.045821,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.387772,
        "energy": 46.520894,
        "activity_lines": [
          222.523333,
          227.236,
          238.183476,
          246.128759
        ]
      },
      {
        "date": "2026-02-20",
        "close": 221.399994,
        "volume": 6047,
        "typical_volume": 22548.75,
        "trend": 253.985425,
        "fair_value": 266.387707,
        "relative_strength": -13.827112,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.601927,
        "energy": 43.947773,
        "activity_lines": [
          222.034664,
          225.172181,
          235.733904,
          243.834766
        ]
      },
      {
        "date": "2026-02-27",
        "close": 216.270004,
        "volume": 6667,
        "typical_volume": 21926.85,
        "trend": 251.885095,
        "fair_value": 266.346248,
        "relative_strength": -14.255048,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.288774,
        "energy": 48.956774,
        "activity_lines": [
          219.793999,
          222.683818,
          233.030047,
          241.401513
        ]
      },
      {
        "date": "2026-03-06",
        "close": 204.889999,
        "volume": 15461,
        "typical_volume": 21173.2,
        "trend": 250.015416,
        "fair_value": 266.188506,
        "relative_strength": -16.11996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.278818,
        "energy": 58.859775,
        "activity_lines": [
          214.632,
          218.729636,
          229.473238,
          238.369572
        ]
      },
      {
        "date": "2026-03-13",
        "close": 172.5,
        "volume": 91354,
        "typical_volume": 24652.45,
        "trend": 246.574093,
        "fair_value": 265.910442,
        "relative_strength": -25.172005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.931812,
        "energy": 82.44814,
        "activity_lines": [
          199.788667,
          209.639272,
          223.111,
          233.368577
        ]
      },
      {
        "date": "2026-03-20",
        "close": 184.029999,
        "volume": 60206,
        "typical_volume": 26465.25,
        "trend": 243.364192,
        "fair_value": 265.709156,
        "relative_strength": -19.811911,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.789456,
        "energy": 84.40768,
        "activity_lines": [
          191.917333,
          203.855636,
          218.299238,
          229.333474
        ]
      },
      {
        "date": "2026-03-27",
        "close": 151.380005,
        "volume": 75974,
        "typical_volume": 29312.85,
        "trend": 239.050999,
        "fair_value": 265.372817,
        "relative_strength": -32.866645,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -91.128258,
        "energy": 94.947025,
        "activity_lines": [
          175.771335,
          192.953455,
          210.778524,
          223.399011
        ]
      },
      {
        "date": "2026-04-03",
        "close": 162.899994,
        "volume": 23931,
        "typical_volume": 29484.55,
        "trend": 235.465999,
        "fair_value": 265.005812,
        "relative_strength": -27.114448,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.911898,
        "energy": 89.432232,
        "activity_lines": [
          168.133332,
          185.407454,
          204.829809,
          218.486043
        ]
      },
      {
        "date": "2026-04-10",
        "close": 185.399994,
        "volume": 56014,
        "typical_volume": 31462.85,
        "trend": 232.610999,
        "fair_value": 264.716762,
        "relative_strength": -21.438499,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.211534,
        "energy": 72.229933,
        "activity_lines": [
          171.553331,
          183.160544,
          201.502523,
          215.255978
        ]
      },
      {
        "date": "2026-04-17",
        "close": 205.050003,
        "volume": 15279,
        "typical_volume": 29252.75,
        "trend": 230.542666,
        "fair_value": 264.586811,
        "relative_strength": -14.05403,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.448014,
        "energy": 50.119823,
        "activity_lines": [
          182.822665,
          185.144908,
          200.351428,
          213.477849
        ]
      },
      {
        "date": "2026-04-24",
        "close": 193.600006,
        "volume": 25853,
        "typical_volume": 29603.8,
        "trend": 227.994333,
        "fair_value": 264.324197,
        "relative_strength": -17.107389,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.318413,
        "energy": 33.090871,
        "activity_lines": [
          188.105334,
          185.308909,
          198.40081,
          211.094452
        ]
      },
      {
        "date": "2026-05-01",
        "close": 199.229996,
        "volume": 19091,
        "typical_volume": 29941.95,
        "trend": 225.615333,
        "fair_value": 264.119977,
        "relative_strength": -14.906755,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.506426,
        "energy": 25.453506,
        "activity_lines": [
          194.626666,
          187.034,
          197.256381,
          209.238688
        ]
      },
      {
        "date": "2026-05-08",
        "close": 208.440002,
        "volume": 18237,
        "typical_volume": 29326.3,
        "trend": 223.738333,
        "fair_value": 263.980849,
        "relative_strength": -11.514183,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.817133,
        "energy": 24.451394,
        "activity_lines": [
          201.028001,
          190.836727,
          197.227762,
          208.130602
        ]
      },
      {
        "date": "2026-05-15",
        "close": 198.5,
        "volume": 11346,
        "typical_volume": 28015.5,
        "trend": 221.57,
        "fair_value": 263.831853,
        "relative_strength": -13.56972,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.701899,
        "energy": 19.257119,
        "activity_lines": [
          201.080001,
          192.974546,
          196.447762,
          206.502322
        ]
      },
      {
        "date": "2026-05-22",
        "close": 198.690002,
        "volume": 10401,
        "typical_volume": 27368.7,
        "trend": 219.276333,
        "fair_value": 263.656353,
        "relative_strength": -13.364303,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.629348,
        "energy": 16.761457,
        "activity_lines": [
          200.322001,
          195.263091,
          195.913476,
          205.026194
        ]
      },
      {
        "date": "2026-05-29",
        "close": 190.410004,
        "volume": 11345,
        "typical_volume": 27032.7,
        "trend": 216.685,
        "fair_value": 263.437654,
        "relative_strength": -16.043965,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.759204,
        "energy": 12.102116,
        "activity_lines": [
          197.228002,
          195.570001,
          194.782905,
          203.16385
        ]
      },
      {
        "date": "2026-06-05",
        "close": 227.529999,
        "volume": 26277,
        "typical_volume": 27899.0,
        "trend": 215.899333,
        "fair_value": 263.384255,
        "relative_strength": 1.143533,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.141762,
        "energy": 8.112242,
        "activity_lines": [
          206.720001,
          202.510001,
          197.371381,
          203.863527
        ]
      },
      {
        "date": "2026-06-12",
        "close": 206.979996,
        "volume": 2776,
        "typical_volume": 25614.8,
        "trend": 214.018667,
        "fair_value": 263.122334,
        "relative_strength": -8.752599,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.839758,
        "energy": 11.666272,
        "activity_lines": [
          207.475333,
          204.329091,
          197.970524,
          203.288086
        ]
      },
      {
        "date": "2026-06-19",
        "close": 248.369995,
        "volume": 105932,
        "typical_volume": 30090.85,
        "trend": 213.984333,
        "fair_value": 263.18723,
        "relative_strength": 7.60807,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 34.111913,
        "energy": 41.315182,
        "activity_lines": [
          222.124664,
          212.872181,
          202.618095,
          205.504301
        ]
      },
      {
        "date": "2026-06-26",
        "close": 239.580002,
        "volume": 0,
        "typical_volume": 29527.35,
        "trend": 213.098667,
        "fair_value": 263.201516,
        "relative_strength": 3.668948,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 29.22305,
        "energy": 52.911477,
        "activity_lines": [
          230.519332,
          218.672181,
          206.301143,
          207.155634
        ]
      },
      {
        "date": "2026-07-03",
        "close": 230.690002,
        "volume": 1996,
        "typical_volume": 29209.35,
        "trend": 212.445,
        "fair_value": 263.144476,
        "relative_strength": -0.639799,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.748857,
        "energy": 52.518908,
        "activity_lines": [
          233.224666,
          222.228,
          209.041571,
          208.290559
        ]
      },
      {
        "date": "2026-07-10",
        "close": 235.0,
        "volume": 15361,
        "typical_volume": 29675.05,
        "trend": 211.966667,
        "fair_value": 263.131951,
        "relative_strength": 1.949389,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.820725,
        "energy": 56.033911,
        "activity_lines": [
          234.681333,
          225.893091,
          212.156619,
          209.74572
        ]
      },
      {
        "date": "2026-07-17",
        "close": 235.0,
        "volume": 7519,
        "typical_volume": 29717.65,
        "trend": 211.485,
        "fair_value": 263.114647,
        "relative_strength": 1.980443,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.298367,
        "energy": 44.812662,
        "activity_lines": [
          235.64,
          228.907818,
          215.206905,
          211.231742
        ]
      },
      {
        "date": "2026-07-24",
        "close": 236.580002,
        "volume": 11202,
        "typical_volume": 29504.7,
        "trend": 211.161,
        "fair_value": 263.083893,
        "relative_strength": 5.661701,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.14289,
        "energy": 39.061752,
        "activity_lines": [
          235.257334,
          231.726909,
          218.318476,
          212.850774
        ]
      },
      {
        "date": "2026-07-31",
        "close": 249.940002,
        "volume": 19732,
        "typical_volume": 25923.6,
        "trend": 211.523333,
        "fair_value": 263.137186,
        "relative_strength": 9.056826,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.113639,
        "energy": 45.243395,
        "activity_lines": [
          240.114001,
          236.282728,
          222.551524,
          215.352645
        ]
      },
      {
        "date": "2026-08-07",
        "close": 278.230011,
        "volume": 58616,
        "typical_volume": 25844.1,
        "trend": 213.164,
        "fair_value": 263.398591,
        "relative_strength": 20.325886,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.920592,
        "energy": 65.995321,
        "activity_lines": [
          253.710005,
          245.050366,
          229.110097,
          219.656302
        ]
      }
    ],
    "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."
    }
  }
}