{
  "ticker": {
    "uuid": "cef34684-7d3e-442b-9057-beb0caace804",
    "symbol": "7706",
    "name": "ASM",
    "exchange": "TWO",
    "country": "TW",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 86.198,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -71.37,
    "architecture_energy": 73.246,
    "architecture_maturity": 11.103,
    "architecture_confidence": 80.272,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 30.96,
        "rotation_up": 13.73,
        "upward_expansion": 19.93,
        "deceleration": 31.8,
        "rotation_down": 72.57,
        "downward_expansion": 86.26
      },
      "activity_lines": [
        35.726666,
        37.251709,
        37.885144,
        38.322853
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 34.299999,
    "trend_reference": 38.703768,
    "distance_from_trend": -0.113781,
    "trend_direction": "Weakening",
    "fair_value": 54.683649,
    "distance_from_fair_value": -0.372756,
    "fair_value_direction": "Weakening",
    "relative_strength": -39.58802,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.140204,
    "excess_performance": -0.581576,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.113781,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.005643,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.372756,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.061848,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.39588,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.01626,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.140204,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.665763,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 6631,
      "relative_activity": 0.678328,
      "balance": 0.665763,
      "dry_up": 1.463301,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.067032,
      "annualized_volatility": 0.328303,
      "from_high_reference": -0.255509,
      "from_low_reference": 0.007342
    },
    "levels": {
      "trend_reference": 38.703768,
      "fair_value_reference": 54.683649,
      "structural_low": 34.049999,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 7,
        "median_return": 0.0,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.285714,
        "median_excess_return": -0.055832,
        "regime_survival": 0.714286,
        "best_return": 0.108108,
        "worst_return": -0.051282,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.025,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.314685,
        "regime_survival": 0.333333,
        "best_return": 0.087356,
        "worst_return": -0.073171,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.017315,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.387379,
        "regime_survival": 0.5,
        "best_return": 0.088358,
        "worst_return": -0.122988,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.045497,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.921073,
        "regime_survival": 0.0,
        "best_return": -0.045497,
        "worst_return": -0.045497,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-07-11",
        "end": "2025-09-19",
        "tenure": "Developing",
        "return": 0.08046,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-26",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": -0.143763,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-21",
        "end": "2026-02-27",
        "tenure": "Established",
        "return": 0.025,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-06",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.058537,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-01",
        "end": "2026-05-15",
        "tenure": "New",
        "return": -0.020808,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-22",
        "end": "2026-06-05",
        "tenure": "New",
        "return": -0.045,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-06-12",
        "end": "2026-06-26",
        "tenure": "New",
        "return": 0.124963,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.144981,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-08-14",
        "end": "2026-08-14",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-12-29",
        "close": 67.031662,
        "volume": 1209579,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 59.720844,
        "volume": 169840,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 67.411453,
        "volume": 634514,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 66.651871,
        "volume": 79886,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 61.239975,
        "volume": 58403,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 72.063789,
        "volume": 139501,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 73.29808,
        "volume": 104063,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 75.291946,
        "volume": 52492,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 75.007103,
        "volume": 111886,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 72.15873,
        "volume": 60660,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 84.501671,
        "volume": 265507,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 73.203133,
        "volume": 344350,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 75.861618,
        "volume": 50827,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 75.481827,
        "volume": 16147,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 76.52623,
        "volume": 8174,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 75.956558,
        "volume": 11796,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 70.259819,
        "volume": 42902,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 72.823341,
        "volume": 5543,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 72.15873,
        "volume": 6688,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 72.633461,
        "volume": 9095,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 72.918297,
        "volume": 2270,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 75.861618,
        "volume": 6124,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 73.013245,
        "volume": 7227,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 73.108185,
        "volume": 6243,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 73.393028,
        "volume": 3734,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 73.393028,
        "volume": 3888,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 73.393028,
        "volume": 3773,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 72.818146,
        "volume": 10458,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 73.776276,
        "volume": 15871,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 71.668388,
        "volume": 5544,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 68.506546,
        "volume": 1100,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 71.955826,
        "volume": 1414,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 68.506546,
        "volume": 28962,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 68.985603,
        "volume": 5,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 68.889793,
        "volume": 28,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 68.889793,
        "volume": 499,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 68.027481,
        "volume": 5003,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 66.973534,
        "volume": 377,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 66.111206,
        "volume": 1101,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 68.506546,
        "volume": 473,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 68.506546,
        "volume": 2,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 68.889793,
        "volume": 2,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 66.111206,
        "volume": 25,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 66.111206,
        "volume": 195,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 68.889793,
        "volume": 4692,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 68.889793,
        "volume": 3238,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 68.889793,
        "volume": 5,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 68.889793,
        "volume": 1,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 68.889793,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 68.889793,
        "volume": 1001,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 68.889793,
        "volume": 1000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 66.111206,
        "volume": 2308,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 63.811684,
        "volume": 15048,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 67.069344,
        "volume": 1005,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 60.841473,
        "volume": 17720,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 63.428436,
        "volume": 3005,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 62.278675,
        "volume": 200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 62.278675,
        "volume": 1203,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 62.278675,
        "volume": 1151,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 61.99123,
        "volume": 8020,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 61.99123,
        "volume": 7,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 61.99123,
        "volume": 2,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 61.99123,
        "volume": 202,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 61.99123,
        "volume": 1,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 61.99123,
        "volume": 101,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 61.99123,
        "volume": 5,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 48.002487,
        "volume": 15540,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 46.94854,
        "volume": 8177,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 44.601112,
        "volume": 1715,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 46.469471,
        "volume": 7404,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 46.756912,
        "volume": 2,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 48.67318,
        "volume": 21802,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-23",
        "close": 48.67318,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-30",
        "close": 47.906673,
        "volume": 40,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-06",
        "close": 46.94854,
        "volume": 4203,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-13",
        "close": 44.074139,
        "volume": 16598,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-20",
        "close": 42.780659,
        "volume": 210,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-27",
        "close": 44.074139,
        "volume": 702,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-04",
        "close": 44.514965,
        "volume": 10027,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-11",
        "close": 42.325703,
        "volume": 7762,
        "typical_volume": 4725.0,
        "trend": 55.122542,
        "fair_value": 64.932647,
        "relative_strength": -31.754648,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.038422,
        "energy": 92.60508,
        "activity_lines": [
          43.436417,
          44.670663,
          47.160446,
          50.561006
        ]
      },
      {
        "date": "2025-07-18",
        "close": 42.325703,
        "volume": 10114,
        "typical_volume": 5230.35,
        "trend": 54.237073,
        "fair_value": 64.653549,
        "relative_strength": -32.997016,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.123811,
        "energy": 89.229854,
        "activity_lines": [
          43.027011,
          44.062099,
          46.359574,
          49.735403
        ]
      },
      {
        "date": "2025-07-25",
        "close": 42.812206,
        "volume": 1632,
        "typical_volume": 5311.85,
        "trend": 53.460439,
        "fair_value": 64.387191,
        "relative_strength": -31.538216,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.424704,
        "energy": 86.454899,
        "activity_lines": [
          42.896335,
          43.622556,
          45.698682,
          48.998315
        ]
      },
      {
        "date": "2025-08-01",
        "close": 41.839203,
        "volume": 1954,
        "typical_volume": 5399.45,
        "trend": 52.728023,
        "fair_value": 64.115528,
        "relative_strength": -32.659316,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.832405,
        "energy": 89.083912,
        "activity_lines": [
          42.439221,
          43.112668,
          45.036451,
          48.248558
        ]
      },
      {
        "date": "2025-08-08",
        "close": 42.325703,
        "volume": 5804,
        "typical_volume": 5689.6,
        "trend": 51.903235,
        "fair_value": 63.856126,
        "relative_strength": -32.77836,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.128999,
        "energy": 65.925227,
        "activity_lines": [
          42.29327,
          42.815488,
          44.516516,
          47.57744
        ]
      },
      {
        "date": "2025-08-15",
        "close": 42.812206,
        "volume": 3102,
        "typical_volume": 5839.65,
        "trend": 51.30226,
        "fair_value": 63.60855,
        "relative_strength": -32.168425,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.54454,
        "energy": 64.647266,
        "activity_lines": [
          42.455438,
          42.708235,
          44.136559,
          46.990922
        ]
      },
      {
        "date": "2025-08-22",
        "close": 42.95816,
        "volume": 1206,
        "typical_volume": 5899.7,
        "trend": 50.619917,
        "fair_value": 63.368429,
        "relative_strength": -29.637356,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.341545,
        "energy": 60.025875,
        "activity_lines": [
          42.633823,
          42.702725,
          43.861832,
          46.452593
        ]
      },
      {
        "date": "2025-08-29",
        "close": 42.95816,
        "volume": 1822,
        "typical_volume": 5213.8,
        "trend": 49.9759,
        "fair_value": 63.133828,
        "relative_strength": -30.300857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.81859,
        "energy": 46.384643,
        "activity_lines": [
          42.770044,
          42.717506,
          43.677738,
          45.958286
        ]
      },
      {
        "date": "2025-09-05",
        "close": 42.812206,
        "volume": 1538,
        "typical_volume": 4881.85,
        "trend": 49.327018,
        "fair_value": 62.902901,
        "relative_strength": -30.572684,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.049484,
        "energy": 39.575816,
        "activity_lines": [
          42.847884,
          42.702523,
          43.503765,
          45.496112
        ]
      },
      {
        "date": "2025-09-12",
        "close": 44.271713,
        "volume": 4345,
        "typical_volume": 5013.35,
        "trend": 48.726786,
        "fair_value": 62.693562,
        "relative_strength": -30.202396,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.800058,
        "energy": 31.237987,
        "activity_lines": [
          43.34736,
          42.975849,
          43.488489,
          45.169964
        ]
      },
      {
        "date": "2025-09-19",
        "close": 45.73122,
        "volume": 9376,
        "typical_volume": 5111.95,
        "trend": 48.184785,
        "fair_value": 62.505091,
        "relative_strength": -27.471129,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.893187,
        "energy": 16.341341,
        "activity_lines": [
          44.203603,
          43.518962,
          43.613782,
          44.976701
        ]
      },
      {
        "date": "2025-09-26",
        "close": 46.023121,
        "volume": 17,
        "typical_volume": 5112.7,
        "trend": 47.652515,
        "fair_value": 62.323971,
        "relative_strength": -26.333147,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 5.137711,
        "energy": 17.88286,
        "activity_lines": [
          44.962546,
          44.05323,
          43.770391,
          44.837239
        ]
      },
      {
        "date": "2025-10-03",
        "close": 43.78521,
        "volume": 101,
        "typical_volume": 4027.65,
        "trend": 47.045648,
        "fair_value": 62.122462,
        "relative_strength": -32.279361,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.693472,
        "energy": 17.808183,
        "activity_lines": [
          44.771188,
          44.113379,
          43.717359,
          44.587736
        ]
      },
      {
        "date": "2025-10-10",
        "close": 46.023121,
        "volume": 112,
        "typical_volume": 4033.25,
        "trend": 46.513377,
        "fair_value": 61.949351,
        "relative_strength": -29.449929,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 8.809204,
        "energy": 22.749071,
        "activity_lines": [
          45.270664,
          44.56273,
          43.900738,
          44.521766
        ]
      },
      {
        "date": "2025-10-17",
        "close": 45.73122,
        "volume": 74,
        "typical_volume": 4034.95,
        "trend": 45.971377,
        "fair_value": 61.776818,
        "relative_strength": -29.138255,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.020214,
        "energy": 18.592494,
        "activity_lines": [
          45.458778,
          44.882937,
          44.068937,
          44.471304
        ]
      },
      {
        "date": "2025-10-24",
        "close": 43.590611,
        "volume": 18930,
        "typical_volume": 4771.3,
        "trend": 45.358023,
        "fair_value": 61.585384,
        "relative_strength": -32.341287,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.560655,
        "energy": 9.482591,
        "activity_lines": [
          44.836056,
          44.752024,
          44.043627,
          44.317707
        ]
      },
      {
        "date": "2025-10-31",
        "close": 41.839203,
        "volume": 19432,
        "typical_volume": 4913.0,
        "trend": 44.686289,
        "fair_value": 61.379695,
        "relative_strength": -35.962064,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -46.324218,
        "energy": 22.626572,
        "activity_lines": [
          43.772238,
          44.28852,
          43.867506,
          44.090686
        ]
      },
      {
        "date": "2025-11-07",
        "close": 40.963497,
        "volume": 12870,
        "typical_volume": 5546.0,
        "trend": 44.451656,
        "fair_value": 61.169219,
        "relative_strength": -35.15152,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.791788,
        "energy": 38.577542,
        "activity_lines": [
          42.695446,
          43.686141,
          43.618628,
          43.850506
        ]
      },
      {
        "date": "2025-11-14",
        "close": 39.406689,
        "volume": 14514,
        "typical_volume": 6236.6,
        "trend": 44.200261,
        "fair_value": 60.947152,
        "relative_strength": -36.240085,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -74.463295,
        "energy": 62.520715,
        "activity_lines": [
          41.287832,
          42.836974,
          43.230135,
          43.525024
        ]
      },
      {
        "date": "2025-11-21",
        "close": 38.920189,
        "volume": 6716,
        "typical_volume": 6071.05,
        "trend": 44.010897,
        "fair_value": 60.724657,
        "relative_strength": -33.856437,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.462455,
        "energy": 79.178877,
        "activity_lines": [
          40.159147,
          41.96127,
          42.817535,
          43.184374
        ]
      },
      {
        "date": "2025-11-28",
        "close": 38.920189,
        "volume": 2279,
        "typical_volume": 5796.9,
        "trend": 43.759254,
        "fair_value": 60.506613,
        "relative_strength": -35.8227,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.893786,
        "energy": 80.785848,
        "activity_lines": [
          39.484531,
          41.182866,
          42.431576,
          42.855942
        ]
      },
      {
        "date": "2025-12-05",
        "close": 38.920189,
        "volume": 1010,
        "typical_volume": 5341.7,
        "trend": 43.49803,
        "fair_value": 60.292886,
        "relative_strength": -35.675648,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.995856,
        "energy": 78.593341,
        "activity_lines": [
          39.121276,
          40.5283,
          42.061835,
          42.543744
        ]
      },
      {
        "date": "2025-12-12",
        "close": 37.460682,
        "volume": 2004,
        "typical_volume": 5360.3,
        "trend": 43.12428,
        "fair_value": 60.069041,
        "relative_strength": -37.654263,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.793293,
        "energy": 81.442469,
        "activity_lines": [
          38.46612,
          39.737512,
          41.569309,
          42.154238
        ]
      },
      {
        "date": "2025-12-19",
        "close": 37.947182,
        "volume": 3302,
        "typical_volume": 5427.7,
        "trend": 42.766747,
        "fair_value": 59.854265,
        "relative_strength": -34.745147,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.198837,
        "energy": 75.678702,
        "activity_lines": [
          38.206651,
          39.150171,
          41.1486,
          41.820231
        ]
      },
      {
        "date": "2025-12-26",
        "close": 37.947182,
        "volume": 1216,
        "typical_volume": 5198.3,
        "trend": 42.434764,
        "fair_value": 59.64362,
        "relative_strength": -35.763519,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.78039,
        "energy": 66.882774,
        "activity_lines": [
          38.044483,
          38.709665,
          40.746425,
          41.509292
        ]
      },
      {
        "date": "2026-01-02",
        "close": 35.806572,
        "volume": 18654,
        "typical_volume": 5975.9,
        "trend": 42.063365,
        "fair_value": 59.416601,
        "relative_strength": -40.180323,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.158193,
        "energy": 77.223892,
        "activity_lines": [
          37.233646,
          38.021485,
          40.161232,
          41.081666
        ]
      },
      {
        "date": "2026-01-09",
        "close": 37.120132,
        "volume": 4506,
        "typical_volume": 6140.9,
        "trend": 41.831564,
        "fair_value": 59.206257,
        "relative_strength": -38.928439,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.961272,
        "energy": 62.102248,
        "activity_lines": [
          37.068236,
          37.713662,
          39.7345,
          40.762748
        ]
      },
      {
        "date": "2026-01-16",
        "close": 36.001175,
        "volume": 8661,
        "typical_volume": 6482.85,
        "trend": 41.605582,
        "fair_value": 58.989387,
        "relative_strength": -42.049244,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.769565,
        "energy": 63.845937,
        "activity_lines": [
          36.649844,
          37.288194,
          39.229001,
          40.386594
        ]
      },
      {
        "date": "2026-01-23",
        "close": 38.579639,
        "volume": 13080,
        "typical_volume": 7059.95,
        "trend": 41.422432,
        "fair_value": 58.800408,
        "relative_strength": -38.049424,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.291879,
        "energy": 52.684084,
        "activity_lines": [
          37.188241,
          37.421762,
          39.002199,
          40.191372
        ]
      },
      {
        "date": "2026-01-30",
        "close": 39.941841,
        "volume": 5003,
        "typical_volume": 7092.85,
        "trend": 41.269994,
        "fair_value": 58.627393,
        "relative_strength": -35.169704,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.543379,
        "energy": 34.041288,
        "activity_lines": [
          38.138541,
          37.818039,
          38.925285,
          40.09585
        ]
      },
      {
        "date": "2026-02-06",
        "close": 39.893192,
        "volume": 3503,
        "typical_volume": 6799.2,
        "trend": 41.188911,
        "fair_value": 58.457082,
        "relative_strength": -33.749963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.505605,
        "energy": 26.064533,
        "activity_lines": [
          38.939648,
          38.186896,
          38.864356,
          40.007024
        ]
      },
      {
        "date": "2026-02-13",
        "close": 39.893192,
        "volume": 0,
        "typical_volume": 6798.35,
        "trend": 41.107827,
        "fair_value": 58.28984,
        "relative_strength": -36.372825,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.797891,
        "energy": 32.404913,
        "activity_lines": [
          39.468314,
          38.538063,
          38.831228,
          39.923429
        ]
      },
      {
        "date": "2026-02-27",
        "close": 39.893192,
        "volume": 2189,
        "typical_volume": 6902.75,
        "trend": 41.010526,
        "fair_value": 58.125584,
        "relative_strength": -38.683454,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -8.813573,
        "energy": 27.136207,
        "activity_lines": [
          39.812108,
          38.871538,
          38.827289,
          39.845066
        ]
      },
      {
        "date": "2026-03-06",
        "close": 39.893192,
        "volume": 650,
        "typical_volume": 6929.65,
        "trend": 40.945659,
        "fair_value": 57.964236,
        "relative_strength": -34.339127,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.128719,
        "energy": 23.180513,
        "activity_lines": [
          39.896435,
          39.160785,
          38.841884,
          39.772979
        ]
      },
      {
        "date": "2026-03-13",
        "close": 38.336388,
        "volume": 4316,
        "typical_volume": 7141.75,
        "trend": 40.812682,
        "fair_value": 57.792062,
        "relative_strength": -35.427684,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.661512,
        "energy": 17.821409,
        "activity_lines": [
          39.374257,
          39.131596,
          38.737402,
          39.604639
        ]
      },
      {
        "date": "2026-03-20",
        "close": 39.893192,
        "volume": 2,
        "typical_volume": 6195.35,
        "trend": 40.715382,
        "fair_value": 57.636419,
        "relative_strength": -31.89002,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.216434,
        "energy": 9.357164,
        "activity_lines": [
          39.478044,
          39.378385,
          38.816401,
          39.545317
        ]
      },
      {
        "date": "2026-03-27",
        "close": 38.336388,
        "volume": 2409,
        "typical_volume": 5344.2,
        "trend": 40.561323,
        "fair_value": 57.47004,
        "relative_strength": -32.480762,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.477665,
        "energy": 21.118702,
        "activity_lines": [
          39.062897,
          39.267817,
          38.764739,
          39.391834
        ]
      },
      {
        "date": "2026-04-03",
        "close": 40.185093,
        "volume": 1003,
        "typical_volume": 4750.85,
        "trend": 40.468887,
        "fair_value": 57.322305,
        "relative_strength": -26.706391,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.831468,
        "energy": 10.546164,
        "activity_lines": [
          39.367771,
          39.471263,
          38.905825,
          39.367561
        ]
      },
      {
        "date": "2026-04-10",
        "close": 38.336388,
        "volume": 3530,
        "typical_volume": 4201.65,
        "trend": 40.319693,
        "fair_value": 57.161407,
        "relative_strength": -34.323838,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.18717,
        "energy": 17.8133,
        "activity_lines": [
          39.03695,
          39.262509,
          38.87455,
          39.22998
        ]
      },
      {
        "date": "2026-04-17",
        "close": 40.282394,
        "volume": 153,
        "typical_volume": 3873.5,
        "trend": 40.186716,
        "fair_value": 57.019567,
        "relative_strength": -32.516108,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.305738,
        "energy": 3.557343,
        "activity_lines": [
          39.458585,
          39.411998,
          39.033706,
          39.227574
        ]
      },
      {
        "date": "2026-04-24",
        "close": 42.228405,
        "volume": 18637,
        "typical_volume": 4691.4,
        "trend": 40.069955,
        "fair_value": 56.896307,
        "relative_strength": -32.046451,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 47.197492,
        "energy": 42.167386,
        "activity_lines": [
          40.399156,
          39.909115,
          39.371709,
          39.359296
        ]
      },
      {
        "date": "2026-05-01",
        "close": 39.747242,
        "volume": 6313,
        "typical_volume": 4956.55,
        "trend": 39.860759,
        "fair_value": 56.754579,
        "relative_strength": -35.07275,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 22.277994,
        "energy": 33.340233,
        "activity_lines": [
          40.356992,
          39.912653,
          39.457658,
          39.338476
        ]
      },
      {
        "date": "2026-05-08",
        "close": 40.866196,
        "volume": 4469,
        "typical_volume": 5079.8,
        "trend": 39.763459,
        "fair_value": 56.624347,
        "relative_strength": -36.568759,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.793788,
        "energy": 46.516209,
        "activity_lines": [
          40.593756,
          40.122291,
          39.646235,
          39.403343
        ]
      },
      {
        "date": "2026-05-15",
        "close": 38.920189,
        "volume": 17348,
        "typical_volume": 5782.1,
        "trend": 39.526694,
        "fair_value": 56.480411,
        "relative_strength": -37.961999,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 13.534651,
        "energy": 20.082312,
        "activity_lines": [
          40.136444,
          39.960419,
          39.633262,
          39.348938
        ]
      },
      {
        "date": "2026-05-22",
        "close": 38.920189,
        "volume": 0,
        "typical_volume": 5721.3,
        "trend": 39.29966,
        "fair_value": 56.338796,
        "relative_strength": -38.556172,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.746628,
        "energy": 13.498897,
        "activity_lines": [
          39.640212,
          39.816237,
          39.615655,
          39.309809
        ]
      },
      {
        "date": "2026-05-29",
        "close": 36.974178,
        "volume": 8054,
        "typical_volume": 5191.3,
        "trend": 39.079112,
        "fair_value": 56.183879,
        "relative_strength": -43.820162,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.103072,
        "energy": 21.246452,
        "activity_lines": [
          38.586123,
          39.307621,
          39.408081,
          39.159778
        ]
      },
      {
        "date": "2026-06-05",
        "close": 37.168781,
        "volume": 4952,
        "typical_volume": 5213.6,
        "trend": 38.923432,
        "fair_value": 56.032965,
        "relative_strength": -42.888355,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.146675,
        "energy": 29.721824,
        "activity_lines": [
          37.947184,
          38.88746,
          39.21348,
          39.03653
        ]
      },
      {
        "date": "2026-06-12",
        "close": 36.001175,
        "volume": 10500,
        "typical_volume": 5305.55,
        "trend": 38.758021,
        "fair_value": 55.875235,
        "relative_strength": -42.517574,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.955835,
        "energy": 53.37389,
        "activity_lines": [
          37.09094,
          38.276236,
          38.907447,
          38.847998
        ]
      },
      {
        "date": "2026-06-19",
        "close": 35.27142,
        "volume": 4113,
        "typical_volume": 4857.2,
        "trend": 38.620179,
        "fair_value": 55.714268,
        "relative_strength": -45.551841,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.0556,
        "energy": 66.062159,
        "activity_lines": [
          36.315779,
          37.608401,
          38.531913,
          38.623056
        ]
      },
      {
        "date": "2026-06-26",
        "close": 40.5,
        "volume": 48217,
        "typical_volume": 7017.9,
        "trend": 38.672839,
        "fair_value": 55.596327,
        "relative_strength": -33.883578,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -10.236093,
        "energy": 23.066897,
        "activity_lines": [
          37.52673,
          37.946944,
          38.670093,
          38.744335
        ]
      },
      {
        "date": "2026-07-03",
        "close": 40.349998,
        "volume": 5357,
        "typical_volume": 7110.6,
        "trend": 38.720499,
        "fair_value": 55.479048,
        "relative_strength": -36.267228,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 7.239813,
        "energy": 6.561408,
        "activity_lines": [
          38.582359,
          38.254256,
          38.791329,
          38.852538
        ]
      },
      {
        "date": "2026-07-10",
        "close": 40.400002,
        "volume": 3582,
        "typical_volume": 7289.7,
        "trend": 38.769826,
        "fair_value": 55.363941,
        "relative_strength": -33.152714,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.825738,
        "energy": 16.078615,
        "activity_lines": [
          39.429601,
          38.604814,
          38.915152,
          38.960893
        ]
      },
      {
        "date": "2026-07-17",
        "close": 40.400002,
        "volume": 2064,
        "typical_volume": 7283.45,
        "trend": 38.867804,
        "fair_value": 55.250578,
        "relative_strength": -27.99976,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 34.838669,
        "energy": 31.995531,
        "activity_lines": [
          40.061429,
          38.943503,
          39.036562,
          39.066066
        ]
      },
      {
        "date": "2026-07-24",
        "close": 39.299999,
        "volume": 4286,
        "typical_volume": 7465.25,
        "trend": 38.912898,
        "fair_value": 55.130648,
        "relative_strength": -30.614954,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 40.939198,
        "energy": 30.998714,
        "activity_lines": [
          40.033334,
          39.090667,
          39.050796,
          39.09395
        ]
      },
      {
        "date": "2026-07-31",
        "close": 35.799999,
        "volume": 29476,
        "typical_volume": 8723.25,
        "trend": 38.841325,
        "fair_value": 54.98639,
        "relative_strength": -35.045143,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -27.559863,
        "energy": 11.718454,
        "activity_lines": [
          38.57,
          38.594563,
          38.734522,
          38.893117
        ]
      },
      {
        "date": "2026-08-07",
        "close": 34.5,
        "volume": 16825,
        "typical_volume": 9564.4,
        "trend": 38.797772,
        "fair_value": 54.834639,
        "relative_strength": -38.032208,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -67.067837,
        "energy": 52.784048,
        "activity_lines": [
          36.986667,
          37.918825,
          38.306516,
          38.613032
        ]
      },
      {
        "date": "2026-08-14",
        "close": 34.299999,
        "volume": 6631,
        "typical_volume": 9775.5,
        "trend": 38.703768,
        "fair_value": 54.683649,
        "relative_strength": -39.58802,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.370333,
        "energy": 73.245632,
        "activity_lines": [
          35.726666,
          37.251709,
          37.885144,
          38.322853
        ]
      }
    ],
    "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."
    }
  }
}