{
  "ticker": {
    "uuid": "cf013b72-f7fd-4aed-8442-d876bd86e16c",
    "symbol": "301229",
    "name": "Jiangsu New Technology Group Co.,Ltd.",
    "exchange": "SHZ",
    "country": "CN",
    "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": "399001.SZ",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -67.528,
    "architecture_energy": 66.534,
    "architecture_maturity": 71.726,
    "architecture_confidence": 95.318,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 4.37,
        "rotation_up": 23.37,
        "upward_expansion": 12.0,
        "deceleration": 51.0,
        "rotation_down": 64.49,
        "downward_expansion": 87.67
      },
      "activity_lines": [
        11.508667,
        11.960182,
        13.504048,
        14.827398
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.833333
    },
    "latest_close": 12.05,
    "trend_reference": 16.717,
    "distance_from_trend": -0.279177,
    "trend_direction": "Weakening",
    "fair_value": 17.11798,
    "distance_from_fair_value": -0.296062,
    "fair_value_direction": "Weakening",
    "relative_strength": -38.7435,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.406696,
    "excess_performance": -0.414096,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.279177,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.140555,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.296062,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.346761,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.387435,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.10938,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.406696,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.409958,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 17174411,
      "relative_activity": 1.582396,
      "balance": 0.409958,
      "dry_up": 1.444492,
      "accumulation_observations": 2,
      "distribution_observations": 6
    },
    "risk": {
      "range_context": 0.100223,
      "annualized_volatility": 0.40713,
      "from_high_reference": -0.545253,
      "from_low_reference": 0.147619
    },
    "levels": {
      "trend_reference": 16.717,
      "fair_value_reference": 17.11798,
      "structural_low": 10.5,
      "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": 10,
        "median_return": -0.050199,
        "positive_rate": 0.3,
        "directional_follow_through": 0.7,
        "median_excess_return": -0.078305,
        "regime_survival": 0.8,
        "best_return": 0.258223,
        "worst_return": -0.194153,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.043568,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.050561,
        "regime_survival": 0.333333,
        "best_return": 0.433512,
        "worst_return": -0.253212,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.348404,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.198561,
        "regime_survival": 0.0,
        "best_return": 0.642815,
        "worst_return": 0.053993,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.003453,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.162513,
        "regime_survival": 0.0,
        "best_return": -0.003453,
        "worst_return": -0.003453,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-23",
        "end": "2024-09-13",
        "tenure": "New",
        "return": -0.109138,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-20",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": 0.371497,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-01",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": 0.15297,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-12-13",
        "end": "2025-01-03",
        "tenure": "New",
        "return": -0.173803,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-10",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": 0.250646,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-14",
        "end": "2025-04-18",
        "tenure": "Developing",
        "return": -0.06631,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-25",
        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.07113,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-16",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.009003,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-11",
        "end": "2025-07-25",
        "tenure": "New",
        "return": 0.077573,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-01",
        "end": "2025-11-07",
        "tenure": "Established",
        "return": 0.051571,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-14",
        "end": "2025-11-28",
        "tenure": "New",
        "return": -0.025825,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-05",
        "end": "2026-01-02",
        "tenure": "Developing",
        "return": 0.137343,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-09",
        "end": "2026-03-06",
        "tenure": "Developing",
        "return": -0.134108,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-13",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.354925,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 16.920349,
        "volume": 24087080,
        "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": "2023-08-04",
        "close": 17.87042,
        "volume": 46550822,
        "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": "2023-08-11",
        "close": 16.055731,
        "volume": 26222808,
        "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": "2023-08-18",
        "close": 17.372765,
        "volume": 23444666,
        "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": "2023-08-25",
        "close": 15.889846,
        "volume": 26560357,
        "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": "2023-09-01",
        "close": 20.001802,
        "volume": 55972856,
        "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": "2023-09-08",
        "close": 16.623766,
        "volume": 58174757,
        "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": "2023-09-15",
        "close": 16.66398,
        "volume": 38863856,
        "typical_volume": 31601483.0,
        "trend": 15.430295,
        "fair_value": 16.581713,
        "relative_strength": 18.993391,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 46.676927,
        "energy": 25.52659,
        "activity_lines": [
          17.264855,
          17.157707,
          16.677612,
          16.053437
        ]
      },
      {
        "date": "2023-09-22",
        "close": 17.739725,
        "volume": 31242263,
        "typical_volume": 33065322.95,
        "trend": 15.517781,
        "fair_value": 16.59601,
        "relative_strength": 25.668129,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 51.858513,
        "energy": 29.559153,
        "activity_lines": [
          17.407953,
          17.277894,
          16.84878,
          16.202432
        ]
      },
      {
        "date": "2023-09-29",
        "close": 17.342602,
        "volume": 25338522,
        "typical_volume": 34099989.95,
        "trend": 15.589692,
        "fair_value": 16.605115,
        "relative_strength": 23.151954,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 44.382617,
        "energy": 20.903498,
        "activity_lines": [
          17.394212,
          17.318931,
          16.961473,
          16.320162
        ]
      },
      {
        "date": "2023-10-13",
        "close": 17.523569,
        "volume": 25013002,
        "typical_volume": 35192115.25,
        "trend": 15.663462,
        "fair_value": 16.61618,
        "relative_strength": 24.363325,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 38.700025,
        "energy": 20.244748,
        "activity_lines": [
          17.343944,
          17.369017,
          17.072446,
          16.444929
        ]
      },
      {
        "date": "2023-10-20",
        "close": 16.151241,
        "volume": 20846080,
        "typical_volume": 35707487.0,
        "trend": 15.722873,
        "fair_value": 16.610645,
        "relative_strength": 20.070882,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 28.257043,
        "energy": 14.535908,
        "activity_lines": [
          17.001448,
          17.158621,
          17.034242,
          16.476398
        ]
      },
      {
        "date": "2023-10-27",
        "close": 17.960905,
        "volume": 31785481,
        "typical_volume": 36590668.95,
        "trend": 15.834259,
        "fair_value": 16.626531,
        "relative_strength": 29.997977,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 41.010527,
        "energy": 19.289537,
        "activity_lines": [
          17.293675,
          17.308512,
          17.160536,
          16.620787
        ]
      },
      {
        "date": "2023-11-03",
        "close": 17.719616,
        "volume": 23645274,
        "typical_volume": 37110422.85,
        "trend": 15.940273,
        "fair_value": 16.639241,
        "relative_strength": 26.538815,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 47.845949,
        "energy": 22.155689,
        "activity_lines": [
          17.419011,
          17.379893,
          17.246303,
          16.742423
        ]
      },
      {
        "date": "2023-11-10",
        "close": 17.764858,
        "volume": 26082622,
        "typical_volume": 37007260.1,
        "trend": 16.055809,
        "fair_value": 16.652179,
        "relative_strength": 24.727356,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 47.43087,
        "energy": 22.920409,
        "activity_lines": [
          17.560768,
          17.453194,
          17.321131,
          16.860138
        ]
      },
      {
        "date": "2023-11-17",
        "close": 18.946165,
        "volume": 31808932,
        "typical_volume": 38107481.3,
        "trend": 16.215563,
        "fair_value": 16.678247,
        "relative_strength": 32.27937,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 60.565634,
        "energy": 41.528755,
        "activity_lines": [
          18.068144,
          17.707186,
          17.494725,
          17.046613
        ]
      },
      {
        "date": "2023-11-24",
        "close": 17.970959,
        "volume": 23032996,
        "typical_volume": 36588834.8,
        "trend": 16.375364,
        "fair_value": 16.692772,
        "relative_strength": 26.585918,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 49.271127,
        "energy": 37.407333,
        "activity_lines": [
          18.155611,
          17.803062,
          17.557393,
          17.159864
        ]
      },
      {
        "date": "2023-12-01",
        "close": 17.815126,
        "volume": 20590535,
        "typical_volume": 33944252.2,
        "trend": 16.526131,
        "fair_value": 16.705243,
        "relative_strength": 26.29292,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 49.498566,
        "energy": 32.598573,
        "activity_lines": [
          18.06982,
          17.84611,
          17.593131,
          17.252752
        ]
      },
      {
        "date": "2023-12-08",
        "close": 16.749435,
        "volume": 13051339,
        "typical_volume": 30642174.0,
        "trend": 16.637702,
        "fair_value": 16.705728,
        "relative_strength": 20.192606,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 27.000532,
        "energy": 15.798244,
        "activity_lines": [
          17.638516,
          17.674466,
          17.532498,
          17.267159
        ]
      },
      {
        "date": "2023-12-15",
        "close": 17.312441,
        "volume": 11852038,
        "typical_volume": 29208314.3,
        "trend": 16.769375,
        "fair_value": 16.712323,
        "relative_strength": 25.754267,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 28.862706,
        "energy": 14.077578,
        "activity_lines": [
          17.45956,
          17.623192,
          17.528381,
          17.310691
        ]
      },
      {
        "date": "2023-12-22",
        "close": 16.588577,
        "volume": 9583022,
        "typical_volume": 28483111.4,
        "trend": 16.867566,
        "fair_value": 16.710992,
        "relative_strength": 21.914843,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 3.589326,
        "energy": 10.977534,
        "activity_lines": [
          17.069478,
          17.440855,
          17.44922,
          17.299026
        ]
      },
      {
        "date": "2023-12-29",
        "close": 16.714247,
        "volume": 6979007,
        "typical_volume": 26504520.65,
        "trend": 16.941293,
        "fair_value": 16.711027,
        "relative_strength": 18.291689,
        "stage": 2,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -15.005622,
        "energy": 18.604384,
        "activity_lines": [
          16.878457,
          17.298367,
          17.383608,
          17.289135
        ]
      },
      {
        "date": "2024-01-05",
        "close": 16.065784,
        "volume": 7590683,
        "typical_volume": 25572914.4,
        "trend": 17.000945,
        "fair_value": 16.704235,
        "relative_strength": 18.115105,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": -25.0326,
        "energy": 35.217258,
        "activity_lines": [
          16.555064,
          17.027739,
          17.261742,
          17.23265
        ]
      },
      {
        "date": "2024-01-12",
        "close": 15.884818,
        "volume": 9055528,
        "typical_volume": 24853457.5,
        "trend": 17.046522,
        "fair_value": 16.695699,
        "relative_strength": 17.615062,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.047041,
        "energy": 47.237151,
        "activity_lines": [
          16.287971,
          16.758666,
          17.122595,
          17.160642
        ]
      },
      {
        "date": "2024-01-19",
        "close": 14.924692,
        "volume": 7465000,
        "typical_volume": 23898689.65,
        "trend": 17.04803,
        "fair_value": 16.677442,
        "relative_strength": 12.523276,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -75.351786,
        "energy": 69.847322,
        "activity_lines": [
          15.758477,
          16.348385,
          16.899092,
          17.02375
        ]
      },
      {
        "date": "2024-01-26",
        "close": 14.537626,
        "volume": 11327306,
        "typical_volume": 21666412.15,
        "trend": 17.02742,
        "fair_value": 16.655607,
        "relative_strength": 9.346497,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.619478,
        "energy": 79.545515,
        "activity_lines": [
          15.259144,
          15.919367,
          16.643321,
          16.861788
        ]
      },
      {
        "date": "2024-02-02",
        "close": 12.014152,
        "volume": 13602261,
        "typical_volume": 19437787.35,
        "trend": 16.913478,
        "fair_value": 16.608723,
        "relative_strength": -2.028307,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -93.482422,
        "energy": 91.732039,
        "activity_lines": [
          14.055384,
          15.111691,
          16.17324,
          16.538352
        ]
      },
      {
        "date": "2024-02-09",
        "close": 10.903218,
        "volume": 19250066,
        "typical_volume": 18457097.85,
        "trend": 16.647223,
        "fair_value": 16.551668,
        "relative_strength": -18.759704,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.169975,
        "energy": 95.774601,
        "activity_lines": [
          12.794652,
          14.210332,
          15.619306,
          16.150593
        ]
      },
      {
        "date": "2024-02-23",
        "close": 13.250754,
        "volume": 17319016,
        "typical_volume": 17760935.5,
        "trend": 16.510326,
        "fair_value": 16.518986,
        "relative_strength": -4.156616,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.175553,
        "energy": 84.627548,
        "activity_lines": [
          12.660603,
          13.861469,
          15.316379,
          15.931466
        ]
      },
      {
        "date": "2024-03-01",
        "close": 13.295995,
        "volume": 25393216,
        "typical_volume": 17763670.2,
        "trend": 16.419172,
        "fair_value": 16.487388,
        "relative_strength": -7.672586,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.229505,
        "energy": 76.610718,
        "activity_lines": [
          12.717238,
          13.584445,
          15.039136,
          15.72409
        ]
      },
      {
        "date": "2024-03-08",
        "close": 13.481989,
        "volume": 13714465,
        "typical_volume": 17198743.35,
        "trend": 16.30456,
        "fair_value": 16.458209,
        "relative_strength": -5.910282,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.053585,
        "energy": 55.10555,
        "activity_lines": [
          12.944452,
          13.414263,
          14.798877,
          15.534594
        ]
      },
      {
        "date": "2024-03-15",
        "close": 15.030255,
        "volume": 19011654,
        "typical_volume": 17107022.05,
        "trend": 16.209888,
        "fair_value": 16.444479,
        "relative_strength": 1.874016,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.869069,
        "energy": 31.434038,
        "activity_lines": [
          13.758129,
          13.582068,
          14.725318,
          15.452381
        ]
      },
      {
        "date": "2024-03-22",
        "close": 15.693799,
        "volume": 16623144,
        "typical_volume": 16348905.2,
        "trend": 16.197824,
        "fair_value": 16.43733,
        "relative_strength": 6.492441,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.066313,
        "energy": 22.578965,
        "activity_lines": [
          14.591915,
          13.901136,
          14.720291,
          15.419085
        ]
      },
      {
        "date": "2024-03-29",
        "close": 16.72933,
        "volume": 22956593,
        "typical_volume": 16314471.15,
        "trend": 16.176376,
        "fair_value": 16.440084,
        "relative_strength": 14.783859,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -4.182555,
        "energy": 19.417102,
        "activity_lines": [
          15.451506,
          14.415245,
          14.824682,
          15.453375
        ]
      },
      {
        "date": "2024-04-05",
        "close": 16.126106,
        "volume": 19167773,
        "typical_volume": 15968728.7,
        "trend": 16.184251,
        "fair_value": 16.43715,
        "relative_strength": 8.394538,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.264111,
        "energy": 24.656181,
        "activity_lines": [
          15.878116,
          14.804322,
          14.876339,
          15.450132
        ]
      },
      {
        "date": "2024-04-12",
        "close": 14.869396,
        "volume": 12512623,
        "typical_volume": 15003913.25,
        "trend": 16.013171,
        "fair_value": 16.422634,
        "relative_strength": 2.904076,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.685837,
        "energy": 18.864828,
        "activity_lines": [
          15.69715,
          14.943063,
          14.816112,
          15.365303
        ]
      },
      {
        "date": "2024-04-19",
        "close": 14.527571,
        "volume": 17396748,
        "typical_volume": 14722100.85,
        "trend": 15.943298,
        "fair_value": 16.405248,
        "relative_strength": -0.469823,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.416467,
        "energy": 13.936027,
        "activity_lines": [
          15.309748,
          15.013621,
          14.742744,
          15.269458
        ]
      },
      {
        "date": "2024-04-26",
        "close": 14.969934,
        "volume": 10373740,
        "typical_volume": 14211261.1,
        "trend": 15.88683,
        "fair_value": 16.3922,
        "relative_strength": 0.094071,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.949359,
        "energy": 10.293369,
        "activity_lines": [
          15.103312,
          15.118911,
          14.727903,
          15.20666
        ]
      },
      {
        "date": "2024-05-03",
        "close": 15.171008,
        "volume": 3975664,
        "typical_volume": 13757477.35,
        "trend": 15.801206,
        "fair_value": 16.381198,
        "relative_strength": -0.388373,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.010713,
        "energy": 15.018004,
        "activity_lines": [
          15.012159,
          15.186819,
          14.74576,
          15.160478
        ]
      },
      {
        "date": "2024-05-10",
        "close": 16.105999,
        "volume": 12145085,
        "typical_volume": 13772129.7,
        "trend": 15.759985,
        "fair_value": 16.378741,
        "relative_strength": 3.579162,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.069262,
        "energy": 7.289697,
        "activity_lines": [
          15.336558,
          15.389812,
          14.860181,
          15.180142
        ]
      },
      {
        "date": "2024-05-17",
        "close": 15.759147,
        "volume": 7643455,
        "typical_volume": 13675151.35,
        "trend": 15.701171,
        "fair_value": 16.373258,
        "relative_strength": 1.060109,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.085844,
        "energy": 14.146911,
        "activity_lines": [
          15.54668,
          15.47865,
          14.947313,
          15.180088
        ]
      },
      {
        "date": "2024-05-24",
        "close": 16.200159,
        "volume": 9719585,
        "typical_volume": 13812180.25,
        "trend": 15.702802,
        "fair_value": 16.371739,
        "relative_strength": 6.38501,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.664461,
        "energy": 31.395384,
        "activity_lines": [
          15.844489,
          15.606269,
          15.080395,
          15.212281
        ]
      },
      {
        "date": "2024-05-31",
        "close": 16.702652,
        "volume": 15591193,
        "typical_volume": 14212205.75,
        "trend": 15.66086,
        "fair_value": 16.374617,
        "relative_strength": 9.667376,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 28.829826,
        "energy": 43.985845,
        "activity_lines": [
          16.19829,
          15.803979,
          15.263783,
          15.276787
        ]
      },
      {
        "date": "2024-06-07",
        "close": 16.97867,
        "volume": 19015332,
        "typical_volume": 14710195.95,
        "trend": 15.636162,
        "fair_value": 16.379824,
        "relative_strength": 12.119315,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.306937,
        "energy": 48.945659,
        "activity_lines": [
          16.528582,
          16.033532,
          15.470424,
          15.361807
        ]
      },
      {
        "date": "2024-06-14",
        "close": 17.615637,
        "volume": 46144467,
        "typical_volume": 16644169.3,
        "trend": 15.631188,
        "fair_value": 16.390387,
        "relative_strength": 15.545841,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.823058,
        "energy": 50.625437,
        "activity_lines": [
          16.950686,
          16.374363,
          15.732521,
          15.489515
        ]
      },
      {
        "date": "2024-06-21",
        "close": 17.919966,
        "volume": 34129698,
        "typical_volume": 17784288.9,
        "trend": 15.596981,
        "fair_value": 16.403349,
        "relative_strength": 19.093848,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 68.938441,
        "energy": 63.155584,
        "activity_lines": [
          17.37359,
          16.743445,
          16.010787,
          15.637178
        ]
      },
      {
        "date": "2024-06-28",
        "close": 16.653111,
        "volume": 26755774,
        "typical_volume": 18441964.55,
        "trend": 15.553053,
        "fair_value": 16.405448,
        "relative_strength": 12.639257,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.707075,
        "energy": 49.91187,
        "activity_lines": [
          17.230155,
          16.826724,
          16.152294,
          15.705316
        ]
      },
      {
        "date": "2024-07-05",
        "close": 16.929129,
        "volume": 14715992,
        "typical_volume": 18215260.85,
        "trend": 15.52352,
        "fair_value": 16.409812,
        "relative_strength": 15.755037,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.849813,
        "energy": 38.183116,
        "activity_lines": [
          17.148529,
          16.921543,
          16.297999,
          15.794095
        ]
      },
      {
        "date": "2024-07-12",
        "close": 16.929129,
        "volume": 11654815,
        "typical_volume": 17932050.8,
        "trend": 15.52951,
        "fair_value": 16.414104,
        "relative_strength": 13.020241,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.00071,
        "energy": 32.25306,
        "activity_lines": [
          17.051804,
          16.980739,
          16.415008,
          15.884779
        ]
      },
      {
        "date": "2024-07-19",
        "close": 15.761358,
        "volume": 11445368,
        "typical_volume": 17234658.4,
        "trend": 15.477807,
        "fair_value": 16.408753,
        "relative_strength": 4.601163,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 31.603275,
        "energy": 16.302734,
        "activity_lines": [
          16.569125,
          16.795648,
          16.403285,
          15.899737
        ]
      },
      {
        "date": "2024-07-26",
        "close": 15.329638,
        "volume": 7811526,
        "typical_volume": 16939511.45,
        "trend": 15.435842,
        "fair_value": 16.39998,
        "relative_strength": 5.099213,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 17.431159,
        "energy": 14.353592,
        "activity_lines": [
          16.066159,
          16.538328,
          16.338706,
          15.890178
        ]
      },
      {
        "date": "2024-08-02",
        "close": 15.32256,
        "volume": 6907656,
        "typical_volume": 16334311.55,
        "trend": 15.389453,
        "fair_value": 16.391291,
        "relative_strength": 5.218534,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.515563,
        "energy": 15.708171,
        "activity_lines": [
          15.733521,
          16.287531,
          16.264655,
          15.882869
        ]
      },
      {
        "date": "2024-08-09",
        "close": 14.954536,
        "volume": 6758728,
        "typical_volume": 15841090.75,
        "trend": 15.352411,
        "fair_value": 16.379797,
        "relative_strength": 4.343702,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -2.484816,
        "energy": 17.182121,
        "activity_lines": [
          15.366912,
          15.985777,
          16.154161,
          15.85481
        ]
      },
      {
        "date": "2024-08-16",
        "close": 14.720982,
        "volume": 4407676,
        "typical_volume": 14913644.9,
        "trend": 15.313617,
        "fair_value": 16.366632,
        "relative_strength": 3.052651,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.29343,
        "energy": 27.733546,
        "activity_lines": [
          15.054091,
          15.673342,
          16.024945,
          15.814073
        ]
      },
      {
        "date": "2024-08-23",
        "close": 13.553211,
        "volume": 6581231,
        "typical_volume": 14284317.8,
        "trend": 15.267901,
        "fair_value": 16.344479,
        "relative_strength": -3.360474,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.125444,
        "energy": 47.436501,
        "activity_lines": [
          14.499223,
          15.189634,
          15.794076,
          15.700498
        ]
      },
      {
        "date": "2024-08-30",
        "close": 13.63814,
        "volume": 5493480,
        "typical_volume": 13933360.65,
        "trend": 15.237918,
        "fair_value": 16.323336,
        "relative_strength": -4.665616,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.384093,
        "energy": 54.881053,
        "activity_lines": [
          14.119875,
          14.79523,
          15.583548,
          15.595352
        ]
      },
      {
        "date": "2024-09-06",
        "close": 12.760543,
        "volume": 5680584,
        "typical_volume": 13347552.45,
        "trend": 15.262797,
        "fair_value": 16.295717,
        "relative_strength": -8.412758,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -48.924336,
        "energy": 64.055536,
        "activity_lines": [
          13.560761,
          14.319114,
          15.295302,
          15.435522
        ]
      },
      {
        "date": "2024-09-13",
        "close": 12.074037,
        "volume": 4782064,
        "typical_volume": 13067968.65,
        "trend": 15.301825,
        "fair_value": 16.263243,
        "relative_strength": -11.344872,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -83.406915,
        "energy": 87.563436,
        "activity_lines": [
          12.943612,
          13.788953,
          14.950089,
          15.229795
        ]
      },
      {
        "date": "2024-09-20",
        "close": 11.868792,
        "volume": 4247026,
        "typical_volume": 13081536.75,
        "trend": 15.255759,
        "fair_value": 16.229697,
        "relative_strength": -13.697341,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.934321,
        "energy": 89.847452,
        "activity_lines": [
          12.450082,
          13.309749,
          14.599118,
          15.008309
        ]
      },
      {
        "date": "2024-09-27",
        "close": 13.928314,
        "volume": 13135698,
        "typical_volume": 13131067.4,
        "trend": 15.276837,
        "fair_value": 16.212263,
        "relative_strength": -13.872555,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.757312,
        "energy": 78.172415,
        "activity_lines": [
          12.833205,
          13.29701,
          14.460018,
          14.922668
        ]
      },
      {
        "date": "2024-10-04",
        "close": 15.768436,
        "volume": 7113141,
        "typical_volume": 13104551.7,
        "trend": 15.353051,
        "fair_value": 16.208926,
        "relative_strength": -11.646716,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.005423,
        "energy": 30.55275,
        "activity_lines": [
          13.804695,
          13.652167,
          14.506537,
          14.954384
        ]
      },
      {
        "date": "2024-10-11",
        "close": 14.119404,
        "volume": 24908723,
        "typical_volume": 13864008.6,
        "trend": 15.32269,
        "fair_value": 16.193332,
        "relative_strength": -16.904143,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.291227,
        "energy": 20.748897,
        "activity_lines": [
          14.084488,
          13.699521,
          14.395961,
          14.874794
        ]
      },
      {
        "date": "2024-10-18",
        "close": 14.579433,
        "volume": 10732419,
        "typical_volume": 13621069.9,
        "trend": 15.285544,
        "fair_value": 16.181377,
        "relative_strength": -16.339524,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.700373,
        "energy": 26.614608,
        "activity_lines": [
          14.427034,
          13.852392,
          14.339106,
          14.826842
        ]
      },
      {
        "date": "2024-10-25",
        "close": 16.278009,
        "volume": 23054260,
        "typical_volume": 13823016.3,
        "trend": 15.2705,
        "fair_value": 16.182088,
        "relative_strength": -8.737075,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -2.060272,
        "energy": 20.047648,
        "activity_lines": [
          15.168745,
          14.320916,
          14.45413,
          14.890872
        ]
      },
      {
        "date": "2024-11-01",
        "close": 14.296338,
        "volume": 25689188,
        "typical_volume": 12800252.35,
        "trend": 15.209508,
        "fair_value": 16.168323,
        "relative_strength": -18.146121,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.554401,
        "energy": 15.406397,
        "activity_lines": [
          14.955951,
          14.400826,
          14.383761,
          14.828022
        ]
      },
      {
        "date": "2024-11-08",
        "close": 15.704741,
        "volume": 32784788,
        "typical_volume": 12733006.85,
        "trend": 15.237353,
        "fair_value": 16.164964,
        "relative_strength": -15.39032,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.759496,
        "energy": 13.129045,
        "activity_lines": [
          15.18809,
          14.723298,
          14.463331,
          14.859973
        ]
      },
      {
        "date": "2024-11-15",
        "close": 15.152703,
        "volume": 24957524,
        "typical_volume": 12643094.35,
        "trend": 15.258191,
        "fair_value": 16.157682,
        "relative_strength": -14.86498,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.75969,
        "energy": 15.058753,
        "activity_lines": [
          15.240463,
          14.907825,
          14.500875,
          14.854512
        ]
      },
      {
        "date": "2024-11-22",
        "close": 15.230554,
        "volume": 17187031,
        "typical_volume": 12766646.3,
        "trend": 15.266878,
        "fair_value": 16.151059,
        "relative_strength": -11.432265,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.498255,
        "energy": 10.767501,
        "activity_lines": [
          15.249899,
          15.063013,
          14.552978,
          14.852729
        ]
      },
      {
        "date": "2024-11-29",
        "close": 15.641044,
        "volume": 13598445,
        "typical_volume": 12863827.8,
        "trend": 15.282546,
        "fair_value": 16.147442,
        "relative_strength": -10.158366,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.632077,
        "energy": 16.288349,
        "activity_lines": [
          15.352758,
          15.235444,
          14.652264,
          14.876868
        ]
      },
      {
        "date": "2024-12-06",
        "close": 16.483253,
        "volume": 36188142,
        "typical_volume": 14100966.5,
        "trend": 15.295121,
        "fair_value": 16.149807,
        "relative_strength": -6.562314,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.703766,
        "energy": 22.970887,
        "activity_lines": [
          15.778817,
          15.492418,
          14.837894,
          14.954333
        ]
      },
      {
        "date": "2024-12-13",
        "close": 16.858355,
        "volume": 24441973,
        "typical_volume": 14932488.85,
        "trend": 15.331761,
        "fair_value": 16.154762,
        "relative_strength": -3.53408,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 35.405489,
        "energy": 35.289728,
        "activity_lines": [
          16.184115,
          15.771139,
          15.05581,
          15.055187
        ]
      },
      {
        "date": "2024-12-20",
        "close": 17.014059,
        "volume": 22465037,
        "typical_volume": 15710357.9,
        "trend": 15.358891,
        "fair_value": 16.160729,
        "relative_strength": -1.749899,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.82926,
        "energy": 41.481757,
        "activity_lines": [
          16.564408,
          16.058352,
          15.281276,
          15.163723
        ]
      },
      {
        "date": "2024-12-27",
        "close": 16.49033,
        "volume": 15810761,
        "typical_volume": 16162959.55,
        "trend": 15.351814,
        "fair_value": 16.163002,
        "relative_strength": -4.609383,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 28.813991,
        "energy": 41.134344,
        "activity_lines": [
          16.646033,
          16.197713,
          15.448808,
          15.236719
        ]
      },
      {
        "date": "2025-01-03",
        "close": 13.928314,
        "volume": 11737980,
        "typical_volume": 16529474.75,
        "trend": 15.250135,
        "fair_value": 16.147696,
        "relative_strength": -12.860332,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -2.894623,
        "energy": 8.099305,
        "activity_lines": [
          15.789669,
          15.836508,
          15.365025,
          15.14488
        ]
      },
      {
        "date": "2025-01-10",
        "close": 13.69476,
        "volume": 8190196,
        "typical_volume": 16609923.0,
        "trend": 15.119439,
        "fair_value": 16.13101,
        "relative_strength": -13.05944,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.710664,
        "energy": 14.100005,
        "activity_lines": [
          14.969635,
          15.475561,
          15.262773,
          15.044533
        ]
      },
      {
        "date": "2025-01-17",
        "close": 14.395422,
        "volume": 8913616,
        "typical_volume": 16780929.8,
        "trend": 15.001955,
        "fair_value": 16.119283,
        "relative_strength": -11.528171,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.447675,
        "energy": 19.289683,
        "activity_lines": [
          14.569054,
          15.252945,
          15.226578,
          14.997822
        ]
      },
      {
        "date": "2025-01-24",
        "close": 14.749291,
        "volume": 8750896,
        "typical_volume": 16934445.4,
        "trend": 14.938494,
        "fair_value": 16.110088,
        "relative_strength": -10.224397,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.569157,
        "energy": 24.386316,
        "activity_lines": [
          14.450625,
          15.118474,
          15.220478,
          14.981521
        ]
      },
      {
        "date": "2025-01-31",
        "close": 14.487427,
        "volume": 1555736,
        "typical_volume": 16773129.0,
        "trend": 14.857104,
        "fair_value": 16.09927,
        "relative_strength": -10.380557,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.610235,
        "energy": 29.662896,
        "activity_lines": [
          14.395893,
          14.943727,
          15.179968,
          14.95242
        ]
      },
      {
        "date": "2025-02-07",
        "close": 15.29425,
        "volume": 7141904,
        "typical_volume": 16917872.9,
        "trend": 14.802608,
        "fair_value": 16.093939,
        "relative_strength": -9.096441,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.645094,
        "energy": 11.445854,
        "activity_lines": [
          14.743629,
          14.929186,
          15.204806,
          14.980623
        ]
      },
      {
        "date": "2025-02-14",
        "close": 14.904995,
        "volume": 9363502,
        "typical_volume": 16729263.1,
        "trend": 14.774062,
        "fair_value": 16.086117,
        "relative_strength": -12.997832,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.319138,
        "energy": 10.837965,
        "activity_lines": [
          14.870551,
          14.850176,
          15.176261,
          14.987229
        ]
      },
      {
        "date": "2025-02-21",
        "close": 14.883761,
        "volume": 11693456,
        "typical_volume": 16958278.85,
        "trend": 14.7592,
        "fair_value": 16.078259,
        "relative_strength": -14.924143,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.228043,
        "energy": 11.249179,
        "activity_lines": [
          14.909712,
          14.796002,
          15.141042,
          14.994306
        ]
      },
      {
        "date": "2025-02-28",
        "close": 16.808813,
        "volume": 50560193,
        "typical_volume": 18240852.35,
        "trend": 14.808742,
        "fair_value": 16.083002,
        "relative_strength": -0.688364,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.430934,
        "energy": 29.593399,
        "activity_lines": [
          15.558001,
          15.127739,
          15.293375,
          15.126539
        ]
      },
      {
        "date": "2025-03-07",
        "close": 17.127296,
        "volume": 28261293,
        "typical_volume": 19117296.05,
        "trend": 14.881167,
        "fair_value": 16.08974,
        "relative_strength": -1.143686,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 66.776827,
        "energy": 53.316173,
        "activity_lines": [
          16.17515,
          15.521113,
          15.463232,
          15.276124
        ]
      },
      {
        "date": "2025-03-14",
        "close": 17.183916,
        "volume": 29430214,
        "typical_volume": 19436093.75,
        "trend": 14.963265,
        "fair_value": 16.096754,
        "relative_strength": -2.034635,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.475102,
        "energy": 64.401556,
        "activity_lines": [
          16.635181,
          15.913201,
          15.626349,
          15.424688
        ]
      },
      {
        "date": "2025-03-21",
        "close": 19.498224,
        "volume": 54985298,
        "typical_volume": 20900899.25,
        "trend": 15.161432,
        "fair_value": 16.061917,
        "relative_strength": 13.931308,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.739133,
        "energy": 80.691719,
        "activity_lines": [
          17.740671,
          16.666879,
          16.005563,
          15.717266
        ]
      },
      {
        "date": "2025-03-28",
        "close": 17.835035,
        "volume": 43702651,
        "typical_volume": 21446792.4,
        "trend": 15.301328,
        "fair_value": 16.009473,
        "relative_strength": 5.125087,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.514678,
        "energy": 72.922767,
        "activity_lines": [
          17.985548,
          17.012642,
          16.201607,
          15.889757
        ]
      },
      {
        "date": "2025-04-04",
        "close": 17.077753,
        "volume": 16309965,
        "typical_volume": 21014414.45,
        "trend": 15.445235,
        "fair_value": 15.977142,
        "relative_strength": 3.059655,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.736549,
        "energy": 67.503599,
        "activity_lines": [
          17.781247,
          17.158179,
          16.315384,
          16.004365
        ]
      },
      {
        "date": "2025-04-11",
        "close": 15.067774,
        "volume": 27226208,
        "typical_volume": 21516373.3,
        "trend": 15.545027,
        "fair_value": 15.939673,
        "relative_strength": -4.066337,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 29.778151,
        "energy": 24.804113,
        "activity_lines": [
          16.889023,
          16.895929,
          16.228568,
          15.980012
        ]
      },
      {
        "date": "2025-04-18",
        "close": 16.044456,
        "volume": 16516049,
        "typical_volume": 21662253.5,
        "trend": 15.684215,
        "fair_value": 15.918996,
        "relative_strength": 2.611016,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 32.074754,
        "energy": 17.929482,
        "activity_lines": [
          16.459662,
          16.800707,
          16.235544,
          16.012234
        ]
      },
      {
        "date": "2025-04-25",
        "close": 16.914974,
        "volume": 15409239,
        "typical_volume": 20623308.35,
        "trend": 15.783771,
        "fair_value": 15.916031,
        "relative_strength": 6.542512,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.443487,
        "energy": 20.298322,
        "activity_lines": [
          16.396437,
          16.85012,
          16.323506,
          16.091637
        ]
      },
      {
        "date": "2025-05-02",
        "close": 17.743031,
        "volume": 8085108,
        "typical_volume": 19805465.1,
        "trend": 15.84959,
        "fair_value": 15.901441,
        "relative_strength": 11.671351,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.289099,
        "energy": 21.391224,
        "activity_lines": [
          16.781448,
          17.013543,
          16.488275,
          16.218041
        ]
      },
      {
        "date": "2025-05-09",
        "close": 18.118132,
        "volume": 12866118,
        "typical_volume": 19325519.15,
        "trend": 15.982881,
        "fair_value": 15.899146,
        "relative_strength": 11.297192,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.843756,
        "energy": 31.460841,
        "activity_lines": [
          17.297626,
          17.193181,
          16.684555,
          16.364399
        ]
      },
      {
        "date": "2025-05-16",
        "close": 18.39415,
        "volume": 20235574,
        "typical_volume": 19546759.8,
        "trend": 16.110039,
        "fair_value": 15.898365,
        "relative_strength": 12.160264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.590986,
        "energy": 49.171731,
        "activity_lines": [
          17.836452,
          17.399197,
          16.901864,
          16.519964
        ]
      },
      {
        "date": "2025-05-23",
        "close": 19.434526,
        "volume": 36083937,
        "typical_volume": 20764057.65,
        "trend": 16.215256,
        "fair_value": 15.925283,
        "relative_strength": 18.773652,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.331028,
        "energy": 61.765115,
        "activity_lines": [
          18.500311,
          17.771339,
          17.209192,
          16.734447
        ]
      },
      {
        "date": "2025-05-30",
        "close": 19.427402,
        "volume": 31050272,
        "typical_volume": 21907061.45,
        "trend": 16.386291,
        "fair_value": 15.949051,
        "relative_strength": 19.600006,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.716763,
        "energy": 66.236049,
        "activity_lines": [
          18.935791,
          18.101266,
          17.489621,
          16.941683
        ]
      },
      {
        "date": "2025-06-06",
        "close": 21.342218,
        "volume": 42416355,
        "typical_volume": 23582198.4,
        "trend": 16.574207,
        "fair_value": 15.972769,
        "relative_strength": 29.141082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.470006,
        "energy": 73.492705,
        "activity_lines": [
          19.842047,
          18.780629,
          17.925115,
          17.26142
        ]
      },
      {
        "date": "2025-06-13",
        "close": 18.848969,
        "volume": 39529697,
        "typical_volume": 25121138.45,
        "trend": 16.697416,
        "fair_value": 15.981679,
        "relative_strength": 14.805327,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.106852,
        "energy": 56.659306,
        "activity_lines": [
          19.677275,
          18.942906,
          18.090076,
          17.408179
        ]
      },
      {
        "date": "2025-06-20",
        "close": 17.35302,
        "volume": 21789434,
        "typical_volume": 26132823.35,
        "trend": 16.768165,
        "fair_value": 15.980229,
        "relative_strength": 7.238882,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.176466,
        "energy": 35.019045,
        "activity_lines": [
          18.965131,
          18.800989,
          18.093044,
          17.450476
        ]
      },
      {
        "date": "2025-06-27",
        "close": 18.539806,
        "volume": 20204197,
        "typical_volume": 26785938.0,
        "trend": 16.86479,
        "fair_value": 15.981313,
        "relative_strength": 10.575322,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.732085,
        "energy": 25.629644,
        "activity_lines": [
          18.71799,
          18.833302,
          18.195394,
          17.564775
        ]
      },
      {
        "date": "2025-07-04",
        "close": 18.559753,
        "volume": 18596432,
        "typical_volume": 27247584.5,
        "trend": 16.934007,
        "fair_value": 15.992222,
        "relative_strength": 9.558448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.185536,
        "energy": 18.211018,
        "activity_lines": [
          18.537147,
          18.823871,
          18.284188,
          17.674128
        ]
      },
      {
        "date": "2025-07-11",
        "close": 18.898834,
        "volume": 18381790,
        "typical_volume": 27582001.2,
        "trend": 17.002023,
        "fair_value": 16.006138,
        "relative_strength": 9.796183,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.472864,
        "energy": 19.056359,
        "activity_lines": [
          18.527174,
          18.846186,
          18.387872,
          17.800891
        ]
      },
      {
        "date": "2025-07-18",
        "close": 19.048429,
        "volume": 14350457,
        "typical_volume": 25771514.4,
        "trend": 17.069835,
        "fair_value": 16.014593,
        "relative_strength": 8.489765,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.797936,
        "energy": 20.895112,
        "activity_lines": [
          18.729958,
          18.874686,
          18.486684,
          17.932917
        ]
      },
      {
        "date": "2025-07-25",
        "close": 20.364866,
        "volume": 29733003,
        "typical_volume": 25845099.9,
        "trend": 17.198987,
        "fair_value": 16.039802,
        "relative_strength": 13.291765,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 62.211361,
        "energy": 38.107573,
        "activity_lines": [
          19.358257,
          19.125623,
          18.700206,
          18.145499
        ]
      },
      {
        "date": "2025-08-01",
        "close": 21.272408,
        "volume": 75262640,
        "typical_volume": 28136721.2,
        "trend": 17.44379,
        "fair_value": 16.074102,
        "relative_strength": 20.03773,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.140161,
        "energy": 55.069488,
        "activity_lines": [
          20.088281,
          19.505737,
          18.984744,
          18.408301
        ]
      },
      {
        "date": "2025-08-08",
        "close": 22.937899,
        "volume": 56663436,
        "typical_volume": 28220628.1,
        "trend": 17.751894,
        "fair_value": 16.104086,
        "relative_strength": 27.413624,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.430817,
        "energy": 69.185375,
        "activity_lines": [
          21.191294,
          20.155251,
          19.408431,
          18.762759
        ]
      },
      {
        "date": "2025-08-15",
        "close": 22.758385,
        "volume": 36938612,
        "typical_volume": 27882426.15,
        "trend": 18.03066,
        "fair_value": 16.128265,
        "relative_strength": 20.641646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.722426,
        "energy": 74.018481,
        "activity_lines": [
          21.942594,
          20.708299,
          19.798641,
          19.085759
        ]
      },
      {
        "date": "2025-08-22",
        "close": 23.675901,
        "volume": 37235819,
        "typical_volume": 28928718.85,
        "trend": 18.328213,
        "fair_value": 16.157714,
        "relative_strength": 19.612729,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.909008,
        "energy": 79.378014,
        "activity_lines": [
          22.742428,
          21.40242,
          20.25279,
          19.449968
        ]
      },
      {
        "date": "2025-08-29",
        "close": 22.209871,
        "volume": 31334022,
        "typical_volume": 29134109.55,
        "trend": 18.585628,
        "fair_value": 16.174748,
        "relative_strength": 7.37449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.733899,
        "energy": 69.684658,
        "activity_lines": [
          22.745088,
          21.742227,
          20.535897,
          19.700398
        ]
      },
      {
        "date": "2025-09-05",
        "close": 21.920652,
        "volume": 17979317,
        "typical_volume": 29207272.95,
        "trend": 18.806508,
        "fair_value": 16.189383,
        "relative_strength": 6.648967,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.041363,
        "energy": 56.778126,
        "activity_lines": [
          22.528341,
          21.941143,
          20.75745,
          19.91556
        ]
      },
      {
        "date": "2025-09-12",
        "close": 22.090195,
        "volume": 16300748,
        "typical_volume": 29251848.4,
        "trend": 19.046015,
        "fair_value": 16.203178,
        "relative_strength": 4.45771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.636256,
        "energy": 43.462692,
        "activity_lines": [
          22.324892,
          22.109415,
          20.967167,
          20.127411
        ]
      },
      {
        "date": "2025-09-19",
        "close": 22.289654,
        "volume": 22716200,
        "typical_volume": 29983403.0,
        "trend": 19.292878,
        "fair_value": 16.215972,
        "relative_strength": 3.93003,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.143665,
        "energy": 33.147068,
        "activity_lines": [
          22.244443,
          22.249762,
          21.171237,
          20.336678
        ]
      },
      {
        "date": "2025-09-26",
        "close": 23.386684,
        "volume": 47922769,
        "typical_volume": 31736235.55,
        "trend": 19.51214,
        "fair_value": 16.255093,
        "relative_strength": 7.518321,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.445764,
        "energy": 38.788187,
        "activity_lines": [
          22.56092,
          22.527918,
          21.458135,
          20.600795
        ]
      },
      {
        "date": "2025-10-03",
        "close": 22.708521,
        "volume": 10649359,
        "typical_volume": 31256924.8,
        "trend": 19.698181,
        "fair_value": 16.293271,
        "relative_strength": 1.734509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.456132,
        "energy": 35.731897,
        "activity_lines": [
          22.670623,
          22.603894,
          21.655358,
          20.807013
        ]
      },
      {
        "date": "2025-10-10",
        "close": 24.623337,
        "volume": 22994770,
        "typical_volume": 30602466.45,
        "trend": 19.946162,
        "fair_value": 16.350272,
        "relative_strength": 11.155753,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.28377,
        "energy": 45.992479,
        "activity_lines": [
          23.385355,
          22.985407,
          22.0144,
          21.124765
        ]
      },
      {
        "date": "2025-10-17",
        "close": 20.215271,
        "volume": 37536903,
        "typical_volume": 30926798.0,
        "trend": 19.970064,
        "fair_value": 16.381038,
        "relative_strength": -4.15631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 31.485839,
        "energy": 21.870879,
        "activity_lines": [
          22.450553,
          22.504527,
          21.928917,
          21.142127
        ]
      },
      {
        "date": "2025-10-24",
        "close": 21.451923,
        "volume": 24712372,
        "typical_volume": 30041598.85,
        "trend": 20.090626,
        "fair_value": 16.423585,
        "relative_strength": -2.978423,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.714281,
        "energy": 17.52512,
        "activity_lines": [
          22.052962,
          22.297996,
          21.957459,
          21.23773
        ]
      },
      {
        "date": "2025-10-31",
        "close": 21.312302,
        "volume": 23447679,
        "typical_volume": 29237497.95,
        "trend": 20.231778,
        "fair_value": 16.460678,
        "relative_strength": -4.5005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 29.018011,
        "energy": 15.403256,
        "activity_lines": [
          21.664681,
          22.089832,
          21.972181,
          21.316548
        ]
      },
      {
        "date": "2025-11-07",
        "close": 22.369438,
        "volume": 25427566,
        "typical_volume": 29419404.55,
        "trend": 20.475167,
        "fair_value": 16.503905,
        "relative_strength": -0.257897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 29.225255,
        "energy": 20.251867,
        "activity_lines": [
          21.76707,
          22.11685,
          22.075852,
          21.454462
        ]
      },
      {
        "date": "2025-11-14",
        "close": 20.853542,
        "volume": 19612322,
        "typical_volume": 29389810.8,
        "trend": 20.63547,
        "fair_value": 16.540593,
        "relative_strength": -5.876129,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.645752,
        "energy": 9.664353,
        "activity_lines": [
          21.386766,
          21.865349,
          22.011265,
          21.478873
        ]
      },
      {
        "date": "2025-11-21",
        "close": 19.427402,
        "volume": 11424475,
        "typical_volume": 29031212.95,
        "trend": 20.719217,
        "fair_value": 16.558219,
        "relative_strength": -7.667474,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -7.929133,
        "energy": 16.241472,
        "activity_lines": [
          20.782401,
          21.373952,
          21.799838,
          21.400933
        ]
      },
      {
        "date": "2025-11-28",
        "close": 20.315001,
        "volume": 10433802,
        "typical_volume": 28633813.55,
        "trend": 20.80495,
        "fair_value": 16.586318,
        "relative_strength": -6.862334,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.625301,
        "energy": 28.528527,
        "activity_lines": [
          20.526428,
          21.092351,
          21.668811,
          21.374855
        ]
      },
      {
        "date": "2025-12-05",
        "close": 19.950001,
        "volume": 8394942,
        "typical_volume": 28336037.8,
        "trend": 20.866012,
        "fair_value": 16.613972,
        "relative_strength": -9.663433,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.130859,
        "energy": 38.174141,
        "activity_lines": [
          20.224582,
          20.780288,
          21.49628,
          21.319697
        ]
      },
      {
        "date": "2025-12-12",
        "close": 19.32,
        "volume": 8222431,
        "typical_volume": 27260509.2,
        "trend": 20.896874,
        "fair_value": 16.642339,
        "relative_strength": -13.130492,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.870296,
        "energy": 45.099025,
        "activity_lines": [
          19.803557,
          20.416166,
          21.259455,
          21.219954
        ]
      },
      {
        "date": "2025-12-19",
        "close": 20.110001,
        "volume": 10714807,
        "typical_volume": 24033117.55,
        "trend": 20.91939,
        "fair_value": 16.669381,
        "relative_strength": -8.694734,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.49206,
        "energy": 35.419616,
        "activity_lines": [
          19.849161,
          20.257289,
          21.102843,
          21.169188
        ]
      },
      {
        "date": "2025-12-26",
        "close": 20.540001,
        "volume": 18012811,
        "typical_volume": 22100586.3,
        "trend": 20.956476,
        "fair_value": 16.701844,
        "relative_strength": -9.882699,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.185309,
        "energy": 27.124203,
        "activity_lines": [
          20.087667,
          20.258655,
          20.99272,
          21.144711
        ]
      },
      {
        "date": "2026-01-02",
        "close": 22.690001,
        "volume": 27431218,
        "typical_volume": 21625216.6,
        "trend": 21.001402,
        "fair_value": 16.750016,
        "relative_strength": -0.17898,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 10.43024,
        "energy": 7.063447,
        "activity_lines": [
          20.968668,
          20.645026,
          21.098777,
          21.256552
        ]
      },
      {
        "date": "2026-01-09",
        "close": 22.370001,
        "volume": 43030403,
        "typical_volume": 21914945.8,
        "trend": 21.11877,
        "fair_value": 16.80169,
        "relative_strength": -5.935129,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.354061,
        "energy": 17.203333,
        "activity_lines": [
          21.584668,
          20.950705,
          21.174683,
          21.344848
        ]
      },
      {
        "date": "2026-01-16",
        "close": 21.459999,
        "volume": 35204180,
        "typical_volume": 22108453.7,
        "trend": 21.255669,
        "fair_value": 16.848558,
        "relative_strength": -10.866045,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.687774,
        "energy": 18.823442,
        "activity_lines": [
          21.736,
          21.071698,
          21.170141,
          21.366863
        ]
      },
      {
        "date": "2026-01-23",
        "close": 22.870001,
        "volume": 35208048,
        "typical_volume": 22969890.25,
        "trend": 21.400009,
        "fair_value": 16.902442,
        "relative_strength": -6.214203,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 34.224951,
        "energy": 32.127846,
        "activity_lines": [
          22.214667,
          21.46559,
          21.303456,
          21.471014
        ]
      },
      {
        "date": "2026-01-30",
        "close": 20.309999,
        "volume": 25309152,
        "typical_volume": 23420310.45,
        "trend": 21.458351,
        "fair_value": 16.939531,
        "relative_strength": -15.344836,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -3.190975,
        "energy": 10.010181,
        "activity_lines": [
          21.656,
          21.357364,
          21.18844,
          21.40069
        ]
      },
      {
        "date": "2026-02-06",
        "close": 19.9,
        "volume": 14952743,
        "typical_volume": 23032137.6,
        "trend": 21.491723,
        "fair_value": 16.972354,
        "relative_strength": -15.254814,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.576144,
        "energy": 18.631321,
        "activity_lines": [
          20.976,
          21.158546,
          21.042854,
          21.300152
        ]
      },
      {
        "date": "2026-02-13",
        "close": 20.76,
        "volume": 16335612,
        "typical_volume": 21452779.75,
        "trend": 21.548775,
        "fair_value": 17.007094,
        "relative_strength": -12.890505,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.87345,
        "energy": 19.341855,
        "activity_lines": [
          20.768667,
          21.123636,
          20.990552,
          21.252944
        ]
      },
      {
        "date": "2026-02-27",
        "close": 20.43,
        "volume": 9371928,
        "typical_volume": 21388908.2,
        "trend": 21.550946,
        "fair_value": 17.037279,
        "relative_strength": -16.663097,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.532212,
        "energy": 29.828723,
        "activity_lines": [
          20.558667,
          21.014,
          20.919329,
          21.180765
        ]
      },
      {
        "date": "2026-03-06",
        "close": 19.370001,
        "volume": 19080604,
        "typical_volume": 21193199.9,
        "trend": 21.487533,
        "fair_value": 17.063302,
        "relative_strength": -18.989056,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.358183,
        "energy": 51.577574,
        "activity_lines": [
          20.064,
          20.691455,
          20.758005,
          21.040058
        ]
      },
      {
        "date": "2026-03-13",
        "close": 18.68,
        "volume": 11562731,
        "typical_volume": 19894491.3,
        "trend": 21.345603,
        "fair_value": 17.086154,
        "relative_strength": -22.225875,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.407674,
        "energy": 61.926781,
        "activity_lines": [
          19.572667,
          20.256909,
          20.555981,
          20.858927
        ]
      },
      {
        "date": "2026-03-20",
        "close": 17.82,
        "volume": 12524263,
        "typical_volume": 19285085.85,
        "trend": 21.18099,
        "fair_value": 17.103043,
        "relative_strength": -23.342667,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.693295,
        "energy": 71.638659,
        "activity_lines": [
          18.903334,
          19.699818,
          20.279364,
          20.631469
        ]
      },
      {
        "date": "2026-03-27",
        "close": 17.9,
        "volume": 12087894,
        "typical_volume": 18717096.6,
        "trend": 20.98846,
        "fair_value": 17.119642,
        "relative_strength": -21.9375,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.906088,
        "energy": 74.60623,
        "activity_lines": [
          18.399333,
          19.245818,
          20.027661,
          20.419792
        ]
      },
      {
        "date": "2026-04-03",
        "close": 17.280001,
        "volume": 9538462,
        "typical_volume": 17922641.4,
        "trend": 20.824131,
        "fair_value": 17.138303,
        "relative_strength": -21.993089,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.3284,
        "energy": 77.420019,
        "activity_lines": [
          17.879334,
          18.760364,
          19.733159,
          20.180537
        ]
      },
      {
        "date": "2026-04-10",
        "close": 18.4,
        "volume": 7989512,
        "typical_volume": 17341500.9,
        "trend": 20.706776,
        "fair_value": 17.162538,
        "relative_strength": -22.163417,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.605034,
        "energy": 73.231641,
        "activity_lines": [
          17.942667,
          18.554546,
          19.569559,
          20.024141
        ]
      },
      {
        "date": "2026-04-17",
        "close": 18.610001,
        "volume": 8467880,
        "typical_volume": 17193671.15,
        "trend": 20.590769,
        "fair_value": 17.188633,
        "relative_strength": -24.071917,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.364264,
        "energy": 59.438409,
        "activity_lines": [
          18.140667,
          18.468182,
          19.437643,
          19.888866
        ]
      },
      {
        "date": "2026-04-24",
        "close": 16.530001,
        "volume": 17569288,
        "typical_volume": 17550445.45,
        "trend": 20.398781,
        "fair_value": 17.202936,
        "relative_strength": -32.384384,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.609249,
        "energy": 62.942388,
        "activity_lines": [
          17.650001,
          18.034546,
          19.111524,
          19.626881
        ]
      },
      {
        "date": "2026-05-01",
        "close": 17.35,
        "volume": 11835721,
        "typical_volume": 17722484.4,
        "trend": 20.197558,
        "fair_value": 17.223426,
        "relative_strength": -29.353236,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.553884,
        "energy": 48.768611,
        "activity_lines": [
          17.518667,
          17.811273,
          18.881524,
          19.430185
        ]
      },
      {
        "date": "2026-05-08",
        "close": 18.129999,
        "volume": 11075871,
        "typical_volume": 17865156.4,
        "trend": 20.044941,
        "fair_value": 17.255176,
        "relative_strength": -27.805476,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.016344,
        "energy": 46.385493,
        "activity_lines": [
          17.684,
          17.791818,
          18.738191,
          19.296794
        ]
      },
      {
        "date": "2026-05-15",
        "close": 17.25,
        "volume": 12815056,
        "typical_volume": 17970168.85,
        "trend": 19.799163,
        "fair_value": 17.280547,
        "relative_strength": -30.737105,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.749224,
        "energy": 51.517436,
        "activity_lines": [
          17.499333,
          17.654182,
          18.516714,
          19.116475
        ]
      },
      {
        "date": "2026-05-22",
        "close": 16.620001,
        "volume": 12417676,
        "typical_volume": 17690412.1,
        "trend": 19.679321,
        "fair_value": 17.301174,
        "relative_strength": -32.821973,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.266975,
        "energy": 53.117987,
        "activity_lines": [
          17.181334,
          17.440546,
          18.248857,
          18.911368
        ]
      },
      {
        "date": "2026-05-29",
        "close": 14.6,
        "volume": 14898431,
        "typical_volume": 17063772.75,
        "trend": 19.450923,
        "fair_value": 17.309108,
        "relative_strength": -40.191726,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.545063,
        "energy": 75.179419,
        "activity_lines": [
          16.322667,
          16.897091,
          17.807286,
          18.58367
        ]
      },
      {
        "date": "2026-06-05",
        "close": 14.61,
        "volume": 3063487,
        "typical_volume": 15065426.95,
        "trend": 19.227513,
        "fair_value": 17.315308,
        "relative_strength": -38.391533,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.292384,
        "energy": 88.495726,
        "activity_lines": [
          15.596,
          16.414,
          17.405191,
          18.271352
        ]
      },
      {
        "date": "2026-06-12",
        "close": 13.95,
        "volume": 2059420,
        "typical_volume": 13408188.95,
        "trend": 18.946865,
        "fair_value": 17.311767,
        "relative_strength": -38.910963,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.917046,
        "energy": 92.194986,
        "activity_lines": [
          14.832,
          15.870727,
          16.977191,
          17.930868
        ]
      },
      {
        "date": "2026-06-19",
        "close": 13.34,
        "volume": 10719873,
        "typical_volume": 12183780.2,
        "trend": 18.696414,
        "fair_value": 17.305765,
        "relative_strength": -44.754516,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.638091,
        "energy": 93.231474,
        "activity_lines": [
          14.143333,
          15.277091,
          16.526857,
          17.569134
        ]
      },
      {
        "date": "2026-06-26",
        "close": 12.2,
        "volume": 2384671,
        "typical_volume": 11037556.15,
        "trend": 18.4555,
        "fair_value": 17.290909,
        "relative_strength": -48.042427,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.960938,
        "energy": 94.788896,
        "activity_lines": [
          13.335333,
          14.568182,
          16.013333,
          17.150011
        ]
      },
      {
        "date": "2026-07-03",
        "close": 13.1,
        "volume": 4206491,
        "typical_volume": 10500243.55,
        "trend": 18.215,
        "fair_value": 17.279503,
        "relative_strength": -42.849633,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.76119,
        "energy": 87.090261,
        "activity_lines": [
          13.122,
          14.139455,
          15.624143,
          16.804495
        ]
      },
      {
        "date": "2026-07-10",
        "close": 12.09,
        "volume": 13227953,
        "typical_volume": 10344860.6,
        "trend": 17.953,
        "fair_value": 17.259849,
        "relative_strength": -44.627477,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.72279,
        "energy": 86.337232,
        "activity_lines": [
          12.672,
          13.589455,
          15.171143,
          16.409333
        ]
      },
      {
        "date": "2026-07-17",
        "close": 11.59,
        "volume": 13320701,
        "typical_volume": 10542299.25,
        "trend": 17.695334,
        "fair_value": 17.235218,
        "relative_strength": -41.008606,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.116832,
        "energy": 75.862982,
        "activity_lines": [
          12.223333,
          13.044182,
          14.71181,
          15.998817
        ]
      },
      {
        "date": "2026-07-24",
        "close": 10.65,
        "volume": 16388801,
        "typical_volume": 10407709.1,
        "trend": 17.38,
        "fair_value": 17.182392,
        "relative_strength": -45.347016,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.013349,
        "energy": 80.797844,
        "activity_lines": [
          11.618667,
          12.446909,
          14.205048,
          15.54428
        ]
      },
      {
        "date": "2026-07-31",
        "close": 11.29,
        "volume": 15826813,
        "typical_volume": 10620913.2,
        "trend": 17.071667,
        "fair_value": 17.143497,
        "relative_strength": -40.424075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.680129,
        "energy": 77.795123,
        "activity_lines": [
          11.406667,
          12.086,
          13.800762,
          15.151376
        ]
      },
      {
        "date": "2026-08-07",
        "close": 12.05,
        "volume": 17174411,
        "typical_volume": 10853420.6,
        "trend": 16.717,
        "fair_value": 17.11798,
        "relative_strength": -38.7435,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.528241,
        "energy": 66.533808,
        "activity_lines": [
          11.508667,
          11.960182,
          13.504048,
          14.827398
        ]
      }
    ],
    "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."
    }
  }
}