{
  "ticker": {
    "uuid": "d02d445f-1851-414c-a520-abcb32ec1eef",
    "symbol": "301097",
    "name": "Ningbo Tianyi Medical Appliance 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": -63.564,
    "architecture_energy": 57.75,
    "architecture_maturity": 52.803,
    "architecture_confidence": 93.001,
    "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": 9.26,
        "rotation_up": 20.75,
        "upward_expansion": 9.51,
        "deceleration": 52.4,
        "rotation_down": 60.88,
        "downward_expansion": 82.85
      },
      "activity_lines": [
        32.568667,
        33.670917,
        35.910548,
        39.238545
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 34.700001,
    "trend_reference": 44.106295,
    "distance_from_trend": -0.213264,
    "trend_direction": "Weakening",
    "fair_value": 42.586255,
    "distance_from_fair_value": -0.185183,
    "fair_value_direction": "Weakening",
    "relative_strength": -28.071458,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.420991,
    "excess_performance": -0.428391,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.213264,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.136817,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.185183,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.14093,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.280715,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.003133,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.420991,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.528749,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 4024002,
      "relative_activity": 0.981961,
      "balance": 0.528749,
      "dry_up": 1.128575,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.110193,
      "annualized_volatility": 0.657601,
      "from_high_reference": -0.489706,
      "from_low_reference": 0.1843
    },
    "levels": {
      "trend_reference": 44.106295,
      "fair_value_reference": 42.586255,
      "structural_low": 29.299999,
      "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": 12,
        "median_return": -0.015592,
        "positive_rate": 0.416667,
        "directional_follow_through": 0.583333,
        "median_excess_return": 0.010882,
        "regime_survival": 0.75,
        "best_return": 0.264436,
        "worst_return": -0.114187,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.09196,
        "positive_rate": 0.6,
        "directional_follow_through": 0.4,
        "median_excess_return": 0.036782,
        "regime_survival": 0.6,
        "best_return": 0.31261,
        "worst_return": -0.256476,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.123461,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.009987,
        "regime_survival": 0.333333,
        "best_return": 0.287232,
        "worst_return": -0.071631,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.129157,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.240491,
        "regime_survival": 0.0,
        "best_return": 0.215328,
        "worst_return": 0.042986,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-06",
        "end": "2024-12-27",
        "tenure": "New",
        "return": -0.157918,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-03",
        "end": "2025-01-17",
        "tenure": "New",
        "return": 0.061265,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-24",
        "end": "2025-02-07",
        "tenure": "New",
        "return": 0.02286,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-14",
        "end": "2025-04-11",
        "tenure": "Developing",
        "return": -0.135698,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.122048,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-06-27",
        "tenure": "Developing",
        "return": 0.043869,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-04",
        "end": "2025-07-11",
        "tenure": "New",
        "return": 0.01725,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": 0.030289,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-12",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": 0.200043,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-07",
        "end": "2025-12-19",
        "tenure": "Developing",
        "return": -0.006487,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-26",
        "end": "2026-01-30",
        "tenure": "Developing",
        "return": 0.150067,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-06",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.0768,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-03",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.088695,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": -0.159599,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 44.324638,
        "volume": 1580436,
        "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": 43.574364,
        "volume": 1874889,
        "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": 46.945724,
        "volume": 4369179,
        "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": 45.601078,
        "volume": 8427374,
        "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": 42.677933,
        "volume": 2418773,
        "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": 46.770336,
        "volume": 2903331,
        "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": 46.516998,
        "volume": 1298478,
        "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": 47.277016,
        "volume": 1866214,
        "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": "2023-09-22",
        "close": 47.247784,
        "volume": 1747448,
        "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": "2023-09-29",
        "close": 47.725227,
        "volume": 2076002,
        "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": "2023-10-13",
        "close": 48.417042,
        "volume": 2997523,
        "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": "2023-10-20",
        "close": 45.756977,
        "volume": 1998841,
        "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": "2023-10-27",
        "close": 44.919006,
        "volume": 2699638,
        "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": "2023-11-03",
        "close": 49.255009,
        "volume": 3081982,
        "typical_volume": 2301786.4,
        "trend": 47.440486,
        "fair_value": 52.604036,
        "relative_strength": 4.846281,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "down",
        "direction": 1.974353,
        "energy": 3.912494,
        "activity_lines": [
          47.185421,
          47.077531,
          46.374811,
          46.492586
        ]
      },
      {
        "date": "2023-11-10",
        "close": 50.463245,
        "volume": 1835518,
        "typical_volume": 2350625.9,
        "trend": 47.149092,
        "fair_value": 52.577607,
        "relative_strength": 6.368105,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": 33.496928,
        "energy": 19.652663,
        "activity_lines": [
          48.268285,
          47.769697,
          46.803209,
          46.687603
        ]
      },
      {
        "date": "2023-11-17",
        "close": 51.379162,
        "volume": 2356298,
        "typical_volume": 2433197.15,
        "trend": 47.024166,
        "fair_value": 52.562991,
        "relative_strength": 8.566179,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "mixed",
        "direction": 40.554737,
        "energy": 49.453504,
        "activity_lines": [
          49.47392,
          48.486842,
          47.299727,
          46.96051
        ]
      },
      {
        "date": "2023-11-24",
        "close": 55.02335,
        "volume": 2966460,
        "typical_volume": 2510044.5,
        "trend": 47.235384,
        "fair_value": 52.592634,
        "relative_strength": 18.061415,
        "stage": 1,
        "regime": "balance",
        "modifier": "Neutral compression",
        "gate": "up",
        "direction": 81.504625,
        "energy": 80.973562,
        "activity_lines": [
          51.69681,
          49.78277,
          48.113962,
          47.476587
        ]
      },
      {
        "date": "2023-12-01",
        "close": 53.659218,
        "volume": 1528695,
        "typical_volume": 2526112.1,
        "trend": 47.328824,
        "fair_value": 52.605332,
        "relative_strength": 16.52186,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.26348,
        "energy": 81.829797,
        "activity_lines": [
          52.847232,
          50.676013,
          48.755848,
          47.891028
        ]
      },
      {
        "date": "2023-12-08",
        "close": 52.645859,
        "volume": 1854259,
        "typical_volume": 2562887.45,
        "trend": 47.444724,
        "fair_value": 52.605808,
        "relative_strength": 16.299824,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.102749,
        "energy": 80.425559,
        "activity_lines": [
          53.077186,
          51.268968,
          49.260995,
          48.234062
        ]
      },
      {
        "date": "2023-12-15",
        "close": 52.986897,
        "volume": 1864704,
        "typical_volume": 2587302.1,
        "trend": 47.615056,
        "fair_value": 52.61024,
        "relative_strength": 18.913122,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.702374,
        "energy": 74.918205,
        "activity_lines": [
          53.194762,
          51.825784,
          49.76438,
          48.591622
        ]
      },
      {
        "date": "2023-12-22",
        "close": 51.963795,
        "volume": 1549542,
        "typical_volume": 2585757.4,
        "trend": 47.701793,
        "fair_value": 52.602809,
        "relative_strength": 18.481079,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.075052,
        "energy": 47.035641,
        "activity_lines": [
          52.803062,
          52.100915,
          50.126804,
          48.872186
        ]
      },
      {
        "date": "2023-12-29",
        "close": 51.281727,
        "volume": 1341898,
        "typical_volume": 2559107.85,
        "trend": 47.771901,
        "fair_value": 52.587797,
        "relative_strength": 13.053393,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.634387,
        "energy": 33.198497,
        "activity_lines": [
          52.145029,
          52.187547,
          50.387892,
          49.103149
        ]
      },
      {
        "date": "2024-01-05",
        "close": 49.118599,
        "volume": 1572820,
        "typical_volume": 2419289.9,
        "trend": 47.802363,
        "fair_value": 52.548817,
        "relative_strength": 13.019716,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.944553,
        "energy": 20.522497,
        "activity_lines": [
          51.015396,
          51.780433,
          50.406266,
          49.190033
        ]
      },
      {
        "date": "2024-01-12",
        "close": 46.819057,
        "volume": 1952630,
        "typical_volume": 2095552.7,
        "trend": 47.82141,
        "fair_value": 52.485153,
        "relative_strength": 9.052774,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.965478,
        "energy": 15.479397,
        "activity_lines": [
          49.421957,
          50.878864,
          50.19529,
          49.126594
        ]
      },
      {
        "date": "2024-01-19",
        "close": 45.113884,
        "volume": 1307449,
        "typical_volume": 2039986.5,
        "trend": 47.776869,
        "fair_value": 52.40415,
        "relative_strength": 7.544762,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -30.893081,
        "energy": 31.329503,
        "activity_lines": [
          47.64858,
          49.711553,
          49.816115,
          48.951915
        ]
      },
      {
        "date": "2024-01-26",
        "close": 42.385616,
        "volume": 1693882,
        "typical_volume": 1979514.05,
        "trend": 47.682521,
        "fair_value": 52.295253,
        "relative_strength": 1.488285,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -41.09962,
        "energy": 42.495525,
        "activity_lines": [
          45.490647,
          48.145456,
          49.165507,
          48.604092
        ]
      },
      {
        "date": "2024-02-02",
        "close": 34.590561,
        "volume": 2416149,
        "typical_volume": 2035397.6,
        "trend": 47.298451,
        "fair_value": 52.10488,
        "relative_strength": -9.661068,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -56.411614,
        "energy": 75.418479,
        "activity_lines": [
          41.372909,
          45.325594,
          47.793391,
          47.759449
        ]
      },
      {
        "date": "2024-02-09",
        "close": 32.75872,
        "volume": 3082565,
        "typical_volume": 2096215.15,
        "trend": 46.883364,
        "fair_value": 51.89907,
        "relative_strength": -21.500016,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -90.660585,
        "energy": 93.754984,
        "activity_lines": [
          37.757301,
          42.544175,
          46.303607,
          46.821402
        ]
      },
      {
        "date": "2024-02-23",
        "close": 36.237263,
        "volume": 2018964,
        "typical_volume": 2109790.95,
        "trend": 46.576109,
        "fair_value": 51.734209,
        "relative_strength": -15.151813,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.733639,
        "energy": 86.945175,
        "activity_lines": [
          36.391866,
          40.775228,
          45.214248,
          46.134557
        ]
      },
      {
        "date": "2024-03-01",
        "close": 36.792664,
        "volume": 2035201,
        "typical_volume": 2107750.9,
        "trend": 46.340958,
        "fair_value": 51.578568,
        "relative_strength": -16.7333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.510568,
        "energy": 85.409897,
        "activity_lines": [
          35.917018,
          39.405602,
          44.230215,
          45.503367
        ]
      },
      {
        "date": "2024-03-08",
        "close": 37.903461,
        "volume": 2022998,
        "typical_volume": 2059024.65,
        "trend": 46.126919,
        "fair_value": 51.437587,
        "relative_strength": -13.22865,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.896661,
        "energy": 70.741502,
        "activity_lines": [
          36.367183,
          38.532378,
          43.404032,
          44.959012
        ]
      },
      {
        "date": "2024-03-15",
        "close": 40.7584,
        "volume": 2548473,
        "typical_volume": 2086506.25,
        "trend": 46.033054,
        "fair_value": 51.328616,
        "relative_strength": -8.7235,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.107954,
        "energy": 46.245744,
        "activity_lines": [
          38.067805,
          38.433877,
          42.899812,
          44.612656
        ]
      },
      {
        "date": "2024-03-22",
        "close": 41.898426,
        "volume": 1327484,
        "typical_volume": 2017898.55,
        "trend": 45.86481,
        "fair_value": 51.233362,
        "relative_strength": -5.329686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.589361,
        "energy": 30.879479,
        "activity_lines": [
          39.737247,
          38.733987,
          42.52797,
          44.345906
        ]
      },
      {
        "date": "2024-03-29",
        "close": 40.008125,
        "volume": 932244,
        "typical_volume": 1910411.65,
        "trend": 45.678379,
        "fair_value": 51.121109,
        "relative_strength": -7.585026,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.796479,
        "energy": 23.354637,
        "activity_lines": [
          40.167274,
          38.821682,
          41.990482,
          43.968055
        ]
      },
      {
        "date": "2024-04-05",
        "close": 40.202999,
        "volume": 383078,
        "typical_volume": 1837789.65,
        "trend": 45.595881,
        "fair_value": 51.013009,
        "relative_strength": -8.221636,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.110572,
        "energy": 23.052636,
        "activity_lines": [
          40.410869,
          39.068643,
          41.515586,
          43.614805
        ]
      },
      {
        "date": "2024-04-12",
        "close": 40.7584,
        "volume": 917092,
        "typical_volume": 1765829.35,
        "trend": 45.395483,
        "fair_value": 50.912474,
        "relative_strength": -3.467512,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.131861,
        "energy": 20.077545,
        "activity_lines": [
          40.612242,
          39.505875,
          41.142445,
          43.302709
        ]
      },
      {
        "date": "2024-04-19",
        "close": 37.231136,
        "volume": 860369,
        "typical_volume": 1660524.8,
        "trend": 45.085954,
        "fair_value": 50.779645,
        "relative_strength": -11.962396,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.993188,
        "energy": 28.90611,
        "activity_lines": [
          39.44753,
          39.331372,
          40.483948,
          42.775977
        ]
      },
      {
        "date": "2024-04-26",
        "close": 38.351677,
        "volume": 894649,
        "typical_volume": 1628822.5,
        "trend": 44.788443,
        "fair_value": 50.660145,
        "relative_strength": -10.847231,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.236127,
        "energy": 31.92579,
        "activity_lines": [
          38.891483,
          39.312593,
          40.016894,
          42.341508
        ]
      },
      {
        "date": "2024-05-03",
        "close": 39.48196,
        "volume": 452295,
        "typical_volume": 1558724.3,
        "trend": 44.529582,
        "fair_value": 50.553687,
        "relative_strength": -9.347996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.020284,
        "energy": 31.257968,
        "activity_lines": [
          38.948648,
          39.397631,
          39.73038,
          41.999154
        ]
      },
      {
        "date": "2024-05-10",
        "close": 41.654827,
        "volume": 1872975,
        "typical_volume": 1559137.85,
        "trend": 44.327235,
        "fair_value": 50.469735,
        "relative_strength": -5.69376,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.2689,
        "energy": 24.49428,
        "activity_lines": [
          39.765179,
          39.81874,
          39.71349,
          41.813686
        ]
      },
      {
        "date": "2024-05-17",
        "close": 41.684059,
        "volume": 863923,
        "typical_volume": 1524856.9,
        "trend": 44.102803,
        "fair_value": 50.387626,
        "relative_strength": -5.373625,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.019883,
        "energy": 12.330216,
        "activity_lines": [
          40.494665,
          40.156762,
          39.753347,
          41.643159
        ]
      },
      {
        "date": "2024-05-24",
        "close": 39.569656,
        "volume": 1098756,
        "typical_volume": 1512699.8,
        "trend": 43.896559,
        "fair_value": 50.28746,
        "relative_strength": -7.399139,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.519293,
        "energy": 14.262904,
        "activity_lines": [
          40.45764,
          40.041608,
          39.640783,
          41.350697
        ]
      },
      {
        "date": "2024-05-31",
        "close": 46.210262,
        "volume": 2836744,
        "typical_volume": 1575896.0,
        "trend": 43.9396,
        "fair_value": 50.250054,
        "relative_strength": 8.61333,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 12.417446,
        "energy": 20.467197,
        "activity_lines": [
          42.478248,
          41.155451,
          40.216429,
          41.499969
        ]
      },
      {
        "date": "2024-06-07",
        "close": 38.37701,
        "volume": 2983915,
        "typical_volume": 1627460.25,
        "trend": 43.577001,
        "fair_value": 50.142117,
        "relative_strength": -8.598876,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.729502,
        "energy": 15.33572,
        "activity_lines": [
          41.363867,
          40.766669,
          40.059901,
          41.141092
        ]
      },
      {
        "date": "2024-06-14",
        "close": 39.225445,
        "volume": 619332,
        "typical_volume": 1593054.4,
        "trend": 43.202407,
        "fair_value": 50.043769,
        "relative_strength": -6.486688,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.72083,
        "energy": 10.258493,
        "activity_lines": [
          40.605961,
          40.561805,
          40.024376,
          40.860346
        ]
      },
      {
        "date": "2024-06-21",
        "close": 38.820957,
        "volume": 1028820,
        "typical_volume": 1559801.3,
        "trend": 42.7838,
        "fair_value": 49.943565,
        "relative_strength": -5.536784,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.845248,
        "energy": 16.360341,
        "activity_lines": [
          39.875185,
          40.301171,
          39.978369,
          40.577672
        ]
      },
      {
        "date": "2024-06-28",
        "close": 37.133949,
        "volume": 1077252,
        "typical_volume": 1492856.45,
        "trend": 42.187487,
        "fair_value": 49.830206,
        "relative_strength": -7.469339,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -60.594596,
        "energy": 36.817881,
        "activity_lines": [
          38.772946,
          39.769035,
          39.788668,
          40.213166
        ]
      },
      {
        "date": "2024-07-05",
        "close": 35.062183,
        "volume": 888602,
        "typical_volume": 1383158.3,
        "trend": 41.567586,
        "fair_value": 49.700662,
        "relative_strength": -11.071682,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -66.292871,
        "energy": 54.697015,
        "activity_lines": [
          37.142499,
          38.86198,
          39.389546,
          39.753469
        ]
      },
      {
        "date": "2024-07-12",
        "close": 34.381458,
        "volume": 881560,
        "typical_volume": 1326288.1,
        "trend": 40.958772,
        "fair_value": 49.567451,
        "relative_strength": -14.250854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.714562,
        "energy": 64.707506,
        "activity_lines": [
          36.028349,
          37.890967,
          38.914624,
          39.289847
        ]
      },
      {
        "date": "2024-07-19",
        "close": 33.917778,
        "volume": 585700,
        "typical_volume": 1253813.05,
        "trend": 40.323135,
        "fair_value": 49.43254,
        "relative_strength": -15.751723,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.66604,
        "energy": 70.217344,
        "activity_lines": [
          35.026008,
          36.928385,
          38.404378,
          38.83559
        ]
      },
      {
        "date": "2024-07-26",
        "close": 33.237053,
        "volume": 669900,
        "typical_volume": 1186158.15,
        "trend": 39.69891,
        "fair_value": 49.294117,
        "relative_strength": -14.417525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.681213,
        "energy": 71.437908,
        "activity_lines": [
          34.150604,
          35.982708,
          37.842992,
          38.378423
        ]
      },
      {
        "date": "2024-08-02",
        "close": 35.417343,
        "volume": 1564404,
        "typical_volume": 1136954.7,
        "trend": 39.170098,
        "fair_value": 49.176518,
        "relative_strength": -8.371384,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.201887,
        "energy": 55.558317,
        "activity_lines": [
          34.374224,
          35.58703,
          37.511474,
          38.102193
        ]
      },
      {
        "date": "2024-08-09",
        "close": 34.085491,
        "volume": 1468591,
        "typical_volume": 1144010.05,
        "trend": 38.668994,
        "fair_value": 49.049702,
        "relative_strength": -10.163588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.648029,
        "energy": 46.671644,
        "activity_lines": [
          34.268333,
          35.024693,
          37.078546,
          37.774154
        ]
      },
      {
        "date": "2024-08-16",
        "close": 35.624519,
        "volume": 1122653,
        "typical_volume": 1153530.5,
        "trend": 38.295843,
        "fair_value": 48.937826,
        "relative_strength": -5.770412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.799137,
        "energy": 34.729546,
        "activity_lines": [
          34.740565,
          34.962629,
          36.829396,
          37.577736
        ]
      },
      {
        "date": "2024-08-23",
        "close": 33.641541,
        "volume": 1760188,
        "typical_volume": 1222386.0,
        "trend": 37.913431,
        "fair_value": 48.81141,
        "relative_strength": -9.099554,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.294257,
        "energy": 33.182063,
        "activity_lines": [
          34.468933,
          34.59007,
          36.412266,
          37.277459
        ]
      },
      {
        "date": "2024-08-30",
        "close": 34.33213,
        "volume": 844863,
        "typical_volume": 1218774.55,
        "trend": 37.644982,
        "fair_value": 48.692727,
        "relative_strength": -8.98846,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.678303,
        "energy": 29.748253,
        "activity_lines": [
          34.445913,
          34.444598,
          36.092151,
          37.046407
        ]
      },
      {
        "date": "2024-09-06",
        "close": 33.315979,
        "volume": 1085950,
        "typical_volume": 1230053.6,
        "trend": 37.602496,
        "fair_value": 48.567713,
        "relative_strength": -9.272856,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.557734,
        "energy": 37.164557,
        "activity_lines": [
          34.011171,
          34.195986,
          35.705861,
          36.767116
        ]
      },
      {
        "date": "2024-09-13",
        "close": 33.079205,
        "volume": 667200,
        "typical_volume": 1218681.15,
        "trend": 37.613179,
        "fair_value": 48.442806,
        "relative_strength": -8.128828,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.116461,
        "energy": 49.105425,
        "activity_lines": [
          33.637595,
          33.973742,
          35.315665,
          36.475291
        ]
      },
      {
        "date": "2024-09-20",
        "close": 31.964399,
        "volume": 606529,
        "typical_volume": 1226392.85,
        "trend": 37.47075,
        "fair_value": 48.310979,
        "relative_strength": -12.019639,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.923952,
        "energy": 58.179014,
        "activity_lines": [
          32.959504,
          33.58486,
          34.844404,
          36.110854
        ]
      },
      {
        "date": "2024-09-27",
        "close": 37.735748,
        "volume": 5101714,
        "typical_volume": 1387829.8,
        "trend": 37.502186,
        "fair_value": 48.227048,
        "relative_strength": -11.588119,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.438391,
        "energy": 20.494766,
        "activity_lines": [
          34.449203,
          34.289261,
          34.958593,
          36.12795
        ]
      },
      {
        "date": "2024-10-04",
        "close": 42.125923,
        "volume": 2009218,
        "typical_volume": 1445094.55,
        "trend": 37.642935,
        "fair_value": 48.179008,
        "relative_strength": -10.569342,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 11.807074,
        "energy": 17.795984,
        "activity_lines": [
          37.129346,
          35.722457,
          35.509557,
          36.426256
        ]
      },
      {
        "date": "2024-10-11",
        "close": 36.305241,
        "volume": 6284502,
        "typical_volume": 1704381.85,
        "trend": 37.494496,
        "fair_value": 48.086244,
        "relative_strength": -18.945658,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -11.104307,
        "energy": 18.384447,
        "activity_lines": [
          37.349676,
          35.935733,
          35.504065,
          36.339953
        ]
      },
      {
        "date": "2024-10-18",
        "close": 36.640671,
        "volume": 2668242,
        "typical_volume": 1695956.75,
        "trend": 37.319237,
        "fair_value": 47.997519,
        "relative_strength": -20.103207,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 10.642856,
        "energy": 21.679908,
        "activity_lines": [
          37.482532,
          36.193851,
          35.546064,
          36.284868
        ]
      },
      {
        "date": "2024-10-25",
        "close": 38.307953,
        "volume": 4808477,
        "typical_volume": 1787184.85,
        "trend": 37.262565,
        "fair_value": 47.922984,
        "relative_strength": -18.11224,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 16.07397,
        "energy": 22.393991,
        "activity_lines": [
          37.933718,
          36.708655,
          35.792422,
          36.348656
        ]
      },
      {
        "date": "2024-11-01",
        "close": 37.93306,
        "volume": 4333476,
        "typical_volume": 1972892.05,
        "trend": 37.1869,
        "fair_value": 47.846725,
        "relative_strength": -17.289061,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.766252,
        "energy": 13.744606,
        "activity_lines": [
          37.837035,
          37.106506,
          36.003404,
          36.391914
        ]
      },
      {
        "date": "2024-11-08",
        "close": 44.819218,
        "volume": 15456685,
        "typical_volume": 2694285.3,
        "trend": 37.322261,
        "fair_value": 47.823789,
        "relative_strength": -8.061024,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 40.11737,
        "energy": 40.552692,
        "activity_lines": [
          40.022585,
          38.678358,
          36.876364,
          36.884321
        ]
      },
      {
        "date": "2024-11-15",
        "close": 42.609333,
        "volume": 6639735,
        "typical_volume": 2972409.45,
        "trend": 37.501534,
        "fair_value": 47.784583,
        "relative_strength": -8.799116,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.267804,
        "energy": 47.66683,
        "activity_lines": [
          41.291953,
          39.657738,
          37.510297,
          37.225423
        ]
      },
      {
        "date": "2024-11-22",
        "close": 44.158222,
        "volume": 3775451,
        "typical_volume": 3116751.9,
        "trend": 37.695086,
        "fair_value": 47.75752,
        "relative_strength": -2.277786,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 41.363138,
        "energy": 55.414179,
        "activity_lines": [
          42.657345,
          40.749765,
          38.265669,
          37.654886
        ]
      },
      {
        "date": "2024-11-29",
        "close": 47.364529,
        "volume": 4058614,
        "typical_volume": 3275604.6,
        "trend": 37.957838,
        "fair_value": 47.754609,
        "relative_strength": 3.628559,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 77.293139,
        "energy": 75.941198,
        "activity_lines": [
          44.590335,
          42.22332,
          39.28309,
          38.278721
        ]
      },
      {
        "date": "2024-12-06",
        "close": 43.980648,
        "volume": 2612381,
        "typical_volume": 3376938.65,
        "trend": 38.035365,
        "fair_value": 47.726859,
        "relative_strength": -4.762375,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.868007,
        "energy": 63.929682,
        "activity_lines": [
          44.791594,
          42.801622,
          39.916412,
          38.66729
        ]
      },
      {
        "date": "2024-12-13",
        "close": 41.425468,
        "volume": 3660888,
        "typical_volume": 3526488.05,
        "trend": 38.026746,
        "fair_value": 47.680864,
        "relative_strength": -8.96773,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.218118,
        "energy": 42.101806,
        "activity_lines": [
          43.737953,
          42.801801,
          40.258465,
          38.886006
        ]
      },
      {
        "date": "2024-12-20",
        "close": 38.909748,
        "volume": 3587300,
        "typical_volume": 3627632.85,
        "trend": 38.004749,
        "fair_value": 47.617305,
        "relative_strength": -13.179739,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.766891,
        "energy": 25.066648,
        "activity_lines": [
          42.071989,
          42.357313,
          40.321933,
          38.942974
        ]
      },
      {
        "date": "2024-12-27",
        "close": 37.035294,
        "volume": 2943491,
        "typical_volume": 3701377.85,
        "trend": 37.698917,
        "fair_value": 47.541175,
        "relative_strength": -16.642903,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 20.41331,
        "energy": 16.736541,
        "activity_lines": [
          40.027846,
          41.52466,
          40.190252,
          38.880428
        ]
      },
      {
        "date": "2025-01-03",
        "close": 34.943794,
        "volume": 1498735,
        "typical_volume": 3720181.95,
        "trend": 37.584476,
        "fair_value": 47.451194,
        "relative_strength": -14.557438,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.969807,
        "energy": 18.785809,
        "activity_lines": [
          37.761398,
          40.304559,
          39.845333,
          38.702679
        ]
      },
      {
        "date": "2025-01-10",
        "close": 36.157261,
        "volume": 3221358,
        "typical_volume": 3793240.45,
        "trend": 37.482203,
        "fair_value": 47.371095,
        "relative_strength": -9.966187,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.103777,
        "energy": 28.548191,
        "activity_lines": [
          36.727488,
          39.366256,
          39.619224,
          38.6106
        ]
      },
      {
        "date": "2025-01-17",
        "close": 37.084621,
        "volume": 1846904,
        "typical_volume": 3843342.5,
        "trend": 37.424325,
        "fair_value": 47.298655,
        "relative_strength": -10.323467,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.931889,
        "energy": 28.281121,
        "activity_lines": [
          36.524258,
          38.62885,
          39.469455,
          38.58495
        ]
      },
      {
        "date": "2025-01-24",
        "close": 37.114216,
        "volume": 1357500,
        "typical_volume": 3856920.0,
        "trend": 37.423668,
        "fair_value": 47.227436,
        "relative_strength": -10.753233,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.505299,
        "energy": 28.848664,
        "activity_lines": [
          36.620282,
          38.037454,
          39.309398,
          38.564943
        ]
      },
      {
        "date": "2025-01-31",
        "close": 37.24247,
        "volume": 344000,
        "typical_volume": 3840760.0,
        "trend": 37.496344,
        "fair_value": 47.158095,
        "relative_strength": -8.731407,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -14.217593,
        "energy": 19.579857,
        "activity_lines": [
          36.87876,
          37.569289,
          39.143469,
          38.553253
        ]
      },
      {
        "date": "2025-02-07",
        "close": 37.962654,
        "volume": 1235849,
        "typical_volume": 3872226.0,
        "trend": 37.615717,
        "fair_value": 47.094679,
        "relative_strength": -10.358244,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -2.451714,
        "energy": 9.22527,
        "activity_lines": [
          37.363487,
          37.357807,
          39.026303,
          38.583337
        ]
      },
      {
        "date": "2025-02-14",
        "close": 38.386875,
        "volume": 2651449,
        "typical_volume": 3749712.75,
        "trend": 37.764687,
        "fair_value": 47.035036,
        "relative_strength": -10.757986,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.995299,
        "energy": 5.577761,
        "activity_lines": [
          37.788364,
          37.394399,
          38.920977,
          38.633089
        ]
      },
      {
        "date": "2025-02-21",
        "close": 37.794945,
        "volume": 3003268,
        "typical_volume": 3799415.25,
        "trend": 37.916617,
        "fair_value": 46.972178,
        "relative_strength": -13.837336,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 3.330114,
        "energy": 5.391792,
        "activity_lines": [
          37.86729,
          37.425073,
          38.756176,
          38.635041
        ]
      },
      {
        "date": "2025-02-28",
        "close": 41.425468,
        "volume": 4500836,
        "typical_volume": 3710231.95,
        "trend": 38.116887,
        "fair_value": 46.934701,
        "relative_strength": -2.179548,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 46.435031,
        "energy": 25.978072,
        "activity_lines": [
          39.109035,
          38.181851,
          38.957762,
          38.861419
        ]
      },
      {
        "date": "2025-03-07",
        "close": 38.613781,
        "volume": 4259051,
        "typical_volume": 3789772.4,
        "trend": 38.26783,
        "fair_value": 46.878856,
        "relative_strength": -10.565009,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 21.990817,
        "energy": 16.948054,
        "activity_lines": [
          39.126134,
          38.381673,
          38.867187,
          38.893477
        ]
      },
      {
        "date": "2025-03-14",
        "close": 39.452358,
        "volume": 3801010,
        "typical_volume": 3739399.05,
        "trend": 38.395425,
        "fair_value": 46.829346,
        "relative_strength": -9.460169,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 25.967492,
        "energy": 18.554709,
        "activity_lines": [
          39.331339,
          38.705264,
          38.84708,
          38.969898
        ]
      },
      {
        "date": "2025-03-21",
        "close": 37.883732,
        "volume": 2956100,
        "typical_volume": 3670530.25,
        "trend": 38.536831,
        "fair_value": 46.770103,
        "relative_strength": -10.331902,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 15.847553,
        "energy": 12.869046,
        "activity_lines": [
          38.914354,
          38.661676,
          38.672131,
          38.936885
        ]
      },
      {
        "date": "2025-03-28",
        "close": 36.729462,
        "volume": 2106749,
        "typical_volume": 3003033.45,
        "trend": 38.616743,
        "fair_value": 46.704046,
        "relative_strength": -12.067222,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -24.963933,
        "energy": 14.711808,
        "activity_lines": [
          38.146156,
          38.376831,
          38.387486,
          38.820281
        ]
      },
      {
        "date": "2025-04-04",
        "close": 37.311531,
        "volume": 1811402,
        "typical_volume": 2761616.8,
        "trend": 38.749928,
        "fair_value": 46.642657,
        "relative_strength": -8.317478,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.931288,
        "energy": 29.783362,
        "activity_lines": [
          37.643013,
          38.204273,
          38.196799,
          38.736073
        ]
      },
      {
        "date": "2025-04-11",
        "close": 33.177864,
        "volume": 3777553,
        "typical_volume": 2761721.9,
        "trend": 38.753216,
        "fair_value": 46.555224,
        "relative_strength": -13.629239,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -73.461899,
        "energy": 63.647911,
        "activity_lines": [
          36.036243,
          37.276553,
          37.637657,
          38.376586
        ]
      },
      {
        "date": "2025-04-18",
        "close": 33.296249,
        "volume": 2357300,
        "typical_volume": 2676656.2,
        "trend": 38.797611,
        "fair_value": 46.469682,
        "relative_strength": -12.591496,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.181868,
        "energy": 71.410018,
        "activity_lines": [
          34.83133,
          36.444259,
          37.142077,
          38.024523
        ]
      },
      {
        "date": "2025-04-25",
        "close": 33.720467,
        "volume": 1964300,
        "typical_volume": 2644252.15,
        "trend": 38.663769,
        "fair_value": 46.387956,
        "relative_strength": -12.404443,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.923531,
        "energy": 71.32572,
        "activity_lines": [
          34.17823,
          35.773939,
          36.753891,
          37.696965
        ]
      },
      {
        "date": "2025-05-02",
        "close": 35.417343,
        "volume": 1605300,
        "typical_volume": 2541472.75,
        "trend": 38.440149,
        "fair_value": 46.263833,
        "relative_strength": -7.58874,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.737579,
        "energy": 64.435522,
        "activity_lines": [
          34.368306,
          35.496985,
          36.57617,
          37.487519
        ]
      },
      {
        "date": "2025-05-09",
        "close": 36.53215,
        "volume": 1789696,
        "typical_volume": 2451592.55,
        "trend": 38.447713,
        "fair_value": 46.216362,
        "relative_strength": -6.504137,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.036033,
        "energy": 36.784727,
        "activity_lines": [
          35.017459,
          35.465954,
          36.533232,
          37.364422
        ]
      },
      {
        "date": "2025-05-16",
        "close": 37.73,
        "volume": 2240147,
        "typical_volume": 2416425.35,
        "trend": 38.484024,
        "fair_value": 46.182228,
        "relative_strength": -3.657334,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.884247,
        "energy": 17.487807,
        "activity_lines": [
          36.117854,
          35.741682,
          36.615696,
          37.318118
        ]
      },
      {
        "date": "2025-05-23",
        "close": 37.360001,
        "volume": 1992017,
        "typical_volume": 2441089.45,
        "trend": 38.452425,
        "fair_value": 46.184904,
        "relative_strength": -3.912199,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -26.781869,
        "energy": 18.552647,
        "activity_lines": [
          36.791441,
          35.966207,
          36.659614,
          37.2456
        ]
      },
      {
        "date": "2025-05-30",
        "close": 37.84,
        "volume": 1660800,
        "typical_volume": 2363061.55,
        "trend": 38.449323,
        "fair_value": 46.165561,
        "relative_strength": -1.210788,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.493962,
        "energy": 18.508155,
        "activity_lines": [
          37.35411,
          36.316047,
          36.73774,
          37.206089
        ]
      },
      {
        "date": "2025-06-06",
        "close": 38.599998,
        "volume": 1595747,
        "typical_volume": 2350503.7,
        "trend": 38.242016,
        "fair_value": 46.147892,
        "relative_strength": -0.463813,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.568424,
        "energy": 18.040949,
        "activity_lines": [
          37.895476,
          36.804863,
          36.880234,
          37.21581
        ]
      },
      {
        "date": "2025-06-13",
        "close": 38.400002,
        "volume": 1938714,
        "typical_volume": 2379564.4,
        "trend": 38.101705,
        "fair_value": 46.132569,
        "relative_strength": -0.152196,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.560331,
        "energy": 21.758772,
        "activity_lines": [
          38.158,
          37.223307,
          36.996465,
          37.226003
        ]
      },
      {
        "date": "2025-06-20",
        "close": 37.330002,
        "volume": 1856150,
        "typical_volume": 2455171.9,
        "trend": 37.874098,
        "fair_value": 46.08277,
        "relative_strength": -1.523673,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.133004,
        "energy": 17.385396,
        "activity_lines": [
          37.939334,
          37.427415,
          37.004668,
          37.176215
        ]
      },
      {
        "date": "2025-06-27",
        "close": 39.5,
        "volume": 3844153,
        "typical_volume": 2585587.1,
        "trend": 37.611947,
        "fair_value": 46.032057,
        "relative_strength": 0.65018,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.213037,
        "energy": 28.768848,
        "activity_lines": [
          38.470667,
          37.950575,
          37.219121,
          37.281112
        ]
      },
      {
        "date": "2025-07-04",
        "close": 40.0,
        "volume": 2243100,
        "typical_volume": 2565169.65,
        "trend": 37.479258,
        "fair_value": 45.960922,
        "relative_strength": 0.777082,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.633867,
        "energy": 39.715184,
        "activity_lines": [
          39.026001,
          38.451848,
          37.473873,
          37.43518
        ]
      },
      {
        "date": "2025-07-11",
        "close": 40.689999,
        "volume": 5415366,
        "typical_volume": 2685774.55,
        "trend": 37.454743,
        "fair_value": 45.891739,
        "relative_strength": 0.760441,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 72.394858,
        "energy": 65.454227,
        "activity_lines": [
          39.667333,
          38.964403,
          37.786657,
          37.642325
        ]
      },
      {
        "date": "2025-07-18",
        "close": 42.919998,
        "volume": 4243500,
        "typical_volume": 2672907.75,
        "trend": 37.588418,
        "fair_value": 45.832833,
        "relative_strength": 4.096923,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.276813,
        "energy": 81.454972,
        "activity_lines": [
          40.912666,
          39.786545,
          38.298035,
          37.994922
        ]
      },
      {
        "date": "2025-07-25",
        "close": 48.400002,
        "volume": 10959561,
        "typical_volume": 3007933.25,
        "trend": 37.967241,
        "fair_value": 45.824196,
        "relative_strength": 14.44256,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.005263,
        "energy": 92.817242,
        "activity_lines": [
          43.683333,
          41.488909,
          39.324203,
          38.692443
        ]
      },
      {
        "date": "2025-08-01",
        "close": 45.23,
        "volume": 7399392,
        "typical_volume": 3187852.35,
        "trend": 38.310115,
        "fair_value": 45.788317,
        "relative_strength": 8.681643,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.988463,
        "energy": 87.992526,
        "activity_lines": [
          44.659333,
          42.420909,
          40.001864,
          39.161008
        ]
      },
      {
        "date": "2025-08-08",
        "close": 46.360001,
        "volume": 4959579,
        "typical_volume": 3288026.3,
        "trend": 38.650206,
        "fair_value": 45.786813,
        "relative_strength": 9.9634,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.361322,
        "energy": 89.263468,
        "activity_lines": [
          45.63,
          43.415273,
          40.759631,
          39.680356
        ]
      },
      {
        "date": "2025-08-15",
        "close": 45.939999,
        "volume": 3813188,
        "typical_volume": 3373348.25,
        "trend": 38.945386,
        "fair_value": 45.782739,
        "relative_strength": 4.396605,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.083521,
        "energy": 81.927053,
        "activity_lines": [
          46.036667,
          44.178364,
          41.437036,
          40.150665
        ]
      },
      {
        "date": "2025-08-22",
        "close": 45.380001,
        "volume": 3139917,
        "typical_volume": 3439774.0,
        "trend": 39.220912,
        "fair_value": 45.762469,
        "relative_strength": -1.188482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.950535,
        "energy": 58.174005,
        "activity_lines": [
          45.906667,
          44.706182,
          42.017247,
          40.565802
        ]
      },
      {
        "date": "2025-08-29",
        "close": 44.419998,
        "volume": 5180128,
        "typical_volume": 3509902.75,
        "trend": 39.460163,
        "fair_value": 45.720162,
        "relative_strength": -7.026462,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.030063,
        "energy": 49.290334,
        "activity_lines": [
          45.292666,
          44.932545,
          42.467609,
          40.901226
        ]
      },
      {
        "date": "2025-09-05",
        "close": 44.220001,
        "volume": 3270582,
        "typical_volume": 3555566.85,
        "trend": 39.668741,
        "fair_value": 45.655993,
        "relative_strength": -6.388826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.527243,
        "energy": 37.756354,
        "activity_lines": [
          44.877333,
          44.993636,
          42.845389,
          41.208313
        ]
      },
      {
        "date": "2025-09-12",
        "close": 46.290001,
        "volume": 3418373,
        "typical_volume": 3628270.5,
        "trend": 39.932178,
        "fair_value": 45.562142,
        "relative_strength": -4.260284,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.262343,
        "energy": 37.228523,
        "activity_lines": [
          45.219334,
          45.345273,
          43.368294,
          41.635491
        ]
      },
      {
        "date": "2025-09-19",
        "close": 42.110001,
        "volume": 4485079,
        "typical_volume": 3772259.45,
        "trend": 40.076014,
        "fair_value": 45.426169,
        "relative_strength": -13.555946,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.98727,
        "energy": 23.356666,
        "activity_lines": [
          44.172667,
          44.822546,
          43.433249,
          41.775996
        ]
      },
      {
        "date": "2025-09-26",
        "close": 43.209999,
        "volume": 4078998,
        "typical_volume": 3886724.55,
        "trend": 40.135498,
        "fair_value": 45.281673,
        "relative_strength": -11.909714,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.900517,
        "energy": 18.86539,
        "activity_lines": [
          43.748,
          44.474,
          43.571095,
          41.978188
        ]
      },
      {
        "date": "2025-10-03",
        "close": 43.919998,
        "volume": 1000100,
        "typical_volume": 3824722.2,
        "trend": 40.312372,
        "fair_value": 45.140679,
        "relative_strength": -12.221397,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.162735,
        "energy": 16.622914,
        "activity_lines": [
          43.704666,
          44.249272,
          43.744762,
          42.222349
        ]
      },
      {
        "date": "2025-10-10",
        "close": 43.509998,
        "volume": 982353,
        "typical_volume": 3774239.0,
        "trend": 40.447627,
        "fair_value": 45.017017,
        "relative_strength": -11.765936,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.917432,
        "energy": 18.229848,
        "activity_lines": [
          43.557999,
          44.031454,
          43.849904,
          42.428648
        ]
      },
      {
        "date": "2025-10-17",
        "close": 42.860001,
        "volume": 2334900,
        "typical_volume": 3807944.0,
        "trend": 40.613502,
        "fair_value": 44.906556,
        "relative_strength": -8.442657,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.865209,
        "energy": 11.942774,
        "activity_lines": [
          43.241999,
          43.726727,
          43.863857,
          42.584285
        ]
      },
      {
        "date": "2025-10-24",
        "close": 46.459999,
        "volume": 2946450,
        "typical_volume": 3875479.15,
        "trend": 40.937853,
        "fair_value": 44.812929,
        "relative_strength": -5.180201,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.835299,
        "energy": 25.382748,
        "activity_lines": [
          44.354666,
          44.140181,
          44.196762,
          42.961478
        ]
      },
      {
        "date": "2025-10-31",
        "close": 55.549999,
        "volume": 25487999,
        "typical_volume": 5052943.4,
        "trend": 41.545802,
        "fair_value": 44.736968,
        "relative_strength": 12.309946,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 82.966612,
        "energy": 70.501802,
        "activity_lines": [
          48.207333,
          46.196908,
          45.357952,
          43.904197
        ]
      },
      {
        "date": "2025-11-07",
        "close": 55.5,
        "volume": 12089273,
        "typical_volume": 5564599.55,
        "trend": 42.289874,
        "fair_value": 44.679907,
        "relative_strength": 11.919645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.665591,
        "energy": 83.430314,
        "activity_lines": [
          51.220666,
          48.059636,
          46.432714,
          44.804468
        ]
      },
      {
        "date": "2025-11-14",
        "close": 60.0,
        "volume": 17279850,
        "typical_volume": 6236384.4,
        "trend": 43.179999,
        "fair_value": 44.681974,
        "relative_strength": 22.349373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.282344,
        "energy": 90.18189,
        "activity_lines": [
          54.962,
          50.53909,
          47.849523,
          45.947057
        ]
      },
      {
        "date": "2025-11-21",
        "close": 55.650002,
        "volume": 8533728,
        "typical_volume": 6550915.8,
        "trend": 43.910983,
        "fair_value": 44.623773,
        "relative_strength": 19.486142,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.462835,
        "energy": 82.598056,
        "activity_lines": [
          56.154,
          51.940727,
          48.754428,
          46.751573
        ]
      },
      {
        "date": "2025-11-28",
        "close": 59.369999,
        "volume": 4799325,
        "typical_volume": 6520113.75,
        "trend": 44.709405,
        "fair_value": 44.584351,
        "relative_strength": 23.025084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.452441,
        "energy": 85.301763,
        "activity_lines": [
          57.733333,
          53.848545,
          49.939095,
          47.748929
        ]
      },
      {
        "date": "2025-12-05",
        "close": 56.720001,
        "volume": 4189565,
        "typical_volume": 6517417.0,
        "trend": 45.382333,
        "fair_value": 44.555566,
        "relative_strength": 15.928252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.299132,
        "energy": 64.083446,
        "activity_lines": [
          57.568667,
          54.960727,
          50.782428,
          48.523806
        ]
      },
      {
        "date": "2025-12-12",
        "close": 52.77,
        "volume": 3702514,
        "typical_volume": 6154564.65,
        "trend": 45.883667,
        "fair_value": 44.510978,
        "relative_strength": 6.892241,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.131829,
        "energy": 46.793179,
        "activity_lines": [
          56.009334,
          55.109091,
          51.183857,
          49.00043
        ]
      },
      {
        "date": "2025-12-19",
        "close": 55.139999,
        "volume": 3520636,
        "typical_volume": 5960626.85,
        "trend": 46.476333,
        "fair_value": 44.494561,
        "relative_strength": 12.382633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.839629,
        "energy": 38.016623,
        "activity_lines": [
          55.422,
          55.527455,
          51.79019,
          49.597613
        ]
      },
      {
        "date": "2025-12-26",
        "close": 52.110001,
        "volume": 4528808,
        "typical_volume": 5939088.3,
        "trend": 46.952,
        "fair_value": 44.445434,
        "relative_strength": 2.399196,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.775887,
        "energy": 25.647388,
        "activity_lines": [
          54.148667,
          55.183455,
          52.060762,
          49.961075
        ]
      },
      {
        "date": "2026-01-02",
        "close": 51.619999,
        "volume": 1921604,
        "typical_volume": 5844509.1,
        "trend": 47.386,
        "fair_value": 44.409975,
        "relative_strength": 1.87808,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.76007,
        "energy": 21.932759,
        "activity_lines": [
          52.948,
          54.582182,
          52.257286,
          50.262236
        ]
      },
      {
        "date": "2026-01-09",
        "close": 52.16,
        "volume": 4356858,
        "typical_volume": 5905356.15,
        "trend": 47.844667,
        "fair_value": 44.387001,
        "relative_strength": -1.396505,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.133562,
        "energy": 18.983468,
        "activity_lines": [
          52.444,
          53.985273,
          52.47819,
          50.570236
        ]
      },
      {
        "date": "2026-01-16",
        "close": 53.669998,
        "volume": 11575728,
        "typical_volume": 6225136.15,
        "trend": 48.389333,
        "fair_value": 44.381987,
        "relative_strength": 0.258842,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.696719,
        "energy": 17.094316,
        "activity_lines": [
          52.747333,
          53.724545,
          52.810619,
          50.946064
        ]
      },
      {
        "date": "2026-01-23",
        "close": 59.549999,
        "volume": 10844402,
        "typical_volume": 6603827.15,
        "trend": 49.057666,
        "fair_value": 44.396064,
        "relative_strength": 9.729626,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.30167,
        "energy": 29.595831,
        "activity_lines": [
          54.950666,
          54.566181,
          53.659,
          51.666107
        ]
      },
      {
        "date": "2026-01-30",
        "close": 59.93,
        "volume": 6205073,
        "typical_volume": 6743162.15,
        "trend": 49.722,
        "fair_value": 44.390885,
        "relative_strength": 11.931107,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.590548,
        "energy": 40.575489,
        "activity_lines": [
          56.986666,
          55.48509,
          54.470571,
          52.367548
        ]
      },
      {
        "date": "2026-02-06",
        "close": 56.119999,
        "volume": 6553773,
        "typical_volume": 6846596.85,
        "trend": 50.236333,
        "fair_value": 44.368019,
        "relative_strength": 6.826872,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.30141,
        "energy": 44.068452,
        "activity_lines": [
          57.231333,
          55.633454,
          54.854333,
          52.780322
        ]
      },
      {
        "date": "2026-02-13",
        "close": 55.34,
        "volume": 2714507,
        "typical_volume": 6778372.3,
        "trend": 50.650333,
        "fair_value": 44.347321,
        "relative_strength": 3.710025,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.733342,
        "energy": 50.929343,
        "activity_lines": [
          56.915999,
          55.69909,
          55.097095,
          53.109591
        ]
      },
      {
        "date": "2026-02-27",
        "close": 58.049999,
        "volume": 3180800,
        "typical_volume": 6887407.3,
        "trend": 50.972,
        "fair_value": 44.324776,
        "relative_strength": 5.521291,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.940695,
        "energy": 48.8979,
        "activity_lines": [
          57.291999,
          56.282545,
          55.54019,
          53.586989
        ]
      },
      {
        "date": "2026-03-06",
        "close": 57.82,
        "volume": 3761154,
        "typical_volume": 7026347.35,
        "trend": 51.391666,
        "fair_value": 44.302301,
        "relative_strength": 7.398893,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.362701,
        "energy": 32.101701,
        "activity_lines": [
          57.299333,
          56.728181,
          55.894095,
          54.028795
        ]
      },
      {
        "date": "2026-03-13",
        "close": 60.200001,
        "volume": 4677252,
        "typical_volume": 7143464.95,
        "trend": 51.853,
        "fair_value": 44.299965,
        "relative_strength": 10.606345,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.056724,
        "energy": 37.822555,
        "activity_lines": [
          58.215333,
          57.557818,
          56.406524,
          54.597075
        ]
      },
      {
        "date": "2026-03-20",
        "close": 51.400002,
        "volume": 5389200,
        "typical_volume": 7265602.45,
        "trend": 52.035,
        "fair_value": 44.239735,
        "relative_strength": -2.793975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 21.811062,
        "energy": 14.608259,
        "activity_lines": [
          56.180001,
          56.640364,
          55.998286,
          54.567849
        ]
      },
      {
        "date": "2026-03-27",
        "close": 51.810001,
        "volume": 3939449,
        "typical_volume": 6188174.95,
        "trend": 52.249333,
        "fair_value": 44.179847,
        "relative_strength": -1.374698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 15.88072,
        "energy": 10.481141,
        "activity_lines": [
          54.596001,
          55.801455,
          55.605571,
          54.553333
        ]
      },
      {
        "date": "2026-04-03",
        "close": 37.16917,
        "volume": 4998931,
        "typical_volume": 5833657.85,
        "trend": 52.007639,
        "fair_value": 44.029135,
        "relative_strength": -26.835535,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -42.594846,
        "energy": 45.641466,
        "activity_lines": [
          48.367057,
          52.30694,
          53.836302,
          53.58042
        ]
      },
      {
        "date": "2026-04-10",
        "close": 38.275673,
        "volume": 3823035,
        "typical_volume": 5160817.1,
        "trend": 51.809495,
        "fair_value": 43.899361,
        "relative_strength": -29.363884,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.000591,
        "energy": 69.620508,
        "activity_lines": [
          43.899004,
          49.313623,
          52.259703,
          52.694486
        ]
      },
      {
        "date": "2026-04-17",
        "close": 41.733513,
        "volume": 5682857,
        "typical_volume": 5018273.55,
        "trend": 51.657612,
        "fair_value": 43.780133,
        "relative_strength": -25.747632,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.784927,
        "energy": 68.561046,
        "activity_lines": [
          41.886518,
          47.33581,
          51.115872,
          52.044423
        ]
      },
      {
        "date": "2026-04-24",
        "close": 40.465874,
        "volume": 7714910,
        "typical_volume": 5164052.8,
        "trend": 51.602807,
        "fair_value": 43.660009,
        "relative_strength": -28.012505,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -68.718974,
        "energy": 82.014372,
        "activity_lines": [
          40.682585,
          45.458363,
          49.917582,
          51.322375
        ]
      },
      {
        "date": "2026-05-01",
        "close": 41.289837,
        "volume": 4088787,
        "typical_volume": 5159013.9,
        "trend": 51.538802,
        "fair_value": 43.57131,
        "relative_strength": -27.111314,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.10411,
        "energy": 79.800797,
        "activity_lines": [
          40.482249,
          44.015347,
          48.887785,
          50.657022
        ]
      },
      {
        "date": "2026-05-08",
        "close": 41.599705,
        "volume": 2904477,
        "typical_volume": 5119112.05,
        "trend": 51.461459,
        "fair_value": 43.52588,
        "relative_strength": -28.384761,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.983376,
        "energy": 65.068408,
        "activity_lines": [
          41.086546,
          42.884128,
          47.960975,
          50.01579
        ]
      },
      {
        "date": "2026-05-15",
        "close": 41.275753,
        "volume": 4310593,
        "typical_volume": 5158609.9,
        "trend": 51.386984,
        "fair_value": 43.464468,
        "relative_strength": -28.579916,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.876122,
        "energy": 51.953363,
        "activity_lines": [
          41.28749,
          41.993106,
          47.056505,
          49.358648
        ]
      },
      {
        "date": "2026-05-22",
        "close": 43.360317,
        "volume": 5859359,
        "typical_volume": 5225137.45,
        "trend": 51.403661,
        "fair_value": 43.427234,
        "relative_strength": -24.784971,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.581287,
        "energy": 39.491215,
        "activity_lines": [
          41.983284,
          41.781899,
          46.416585,
          48.840799
        ]
      },
      {
        "date": "2026-05-29",
        "close": 37.268604,
        "volume": 7486074,
        "typical_volume": 5503360.95,
        "trend": 51.097282,
        "fair_value": 43.359232,
        "relative_strength": -34.820994,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.711375,
        "energy": 47.762963,
        "activity_lines": [
          40.540053,
          40.769285,
          45.238167,
          47.928859
        ]
      },
      {
        "date": "2026-06-05",
        "close": 35.740395,
        "volume": 1062853,
        "typical_volume": 5338660.7,
        "trend": 50.436961,
        "fair_value": 43.271916,
        "relative_strength": -35.949289,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.191177,
        "energy": 53.025724,
        "activity_lines": [
          38.80057,
          39.735748,
          43.982546,
          46.938092
        ]
      },
      {
        "date": "2026-06-12",
        "close": 35.77,
        "volume": 587962,
        "typical_volume": 4789272.4,
        "trend": 49.779295,
        "fair_value": 43.185964,
        "relative_strength": -33.902934,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.972688,
        "energy": 60.369904,
        "activity_lines": [
          37.440919,
          38.999769,
          42.807932,
          45.991837
        ]
      },
      {
        "date": "2026-06-19",
        "close": 37.59,
        "volume": 5318610,
        "typical_volume": 4512982.8,
        "trend": 49.032295,
        "fair_value": 43.117921,
        "relative_strength": -34.661031,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.711355,
        "energy": 72.733917,
        "activity_lines": [
          37.076581,
          38.620139,
          41.89189,
          45.205431
        ]
      },
      {
        "date": "2026-06-26",
        "close": 34.68,
        "volume": 882069,
        "typical_volume": 4246832.6,
        "trend": 48.333295,
        "fair_value": 43.043769,
        "relative_strength": -38.262725,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.85232,
        "energy": 78.022511,
        "activity_lines": [
          35.98796,
          37.723885,
          40.803277,
          44.279476
        ]
      },
      {
        "date": "2026-07-03",
        "close": 37.700001,
        "volume": 1090642,
        "typical_volume": 3973676.05,
        "trend": 47.610961,
        "fair_value": 42.987679,
        "relative_strength": -31.578309,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.86452,
        "energy": 76.635399,
        "activity_lines": [
          36.484693,
          37.504967,
          40.12252,
          43.593457
        ]
      },
      {
        "date": "2026-07-10",
        "close": 34.130001,
        "volume": 3708656,
        "typical_volume": 4023383.5,
        "trend": 46.857961,
        "fair_value": 42.916614,
        "relative_strength": -35.247689,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.365672,
        "energy": 70.497289,
        "activity_lines": [
          35.762667,
          36.687247,
          39.189478,
          42.723718
        ]
      },
      {
        "date": "2026-07-17",
        "close": 32.970001,
        "volume": 6285059,
        "typical_volume": 4178596.45,
        "trend": 46.197961,
        "fair_value": 42.832366,
        "relative_strength": -30.802937,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.546886,
        "energy": 73.069482,
        "activity_lines": [
          34.761334,
          35.788796,
          38.24696,
          41.827721
        ]
      },
      {
        "date": "2026-07-24",
        "close": 30.719999,
        "volume": 4516255,
        "typical_volume": 4216351.5,
        "trend": 45.383961,
        "fair_value": 42.739473,
        "relative_strength": -35.23256,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.992193,
        "energy": 79.572139,
        "activity_lines": [
          33.196667,
          34.638159,
          37.209584,
          40.829142
        ]
      },
      {
        "date": "2026-07-31",
        "close": 30.700001,
        "volume": 3673947,
        "typical_volume": 4166186.25,
        "trend": 44.670295,
        "fair_value": 42.64489,
        "relative_strength": -33.572638,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.810996,
        "energy": 75.049235,
        "activity_lines": [
          32.083334,
          33.675808,
          36.299352,
          39.88179
        ]
      },
      {
        "date": "2026-08-07",
        "close": 34.700001,
        "volume": 4024002,
        "typical_volume": 4097926.35,
        "trend": 44.106295,
        "fair_value": 42.586255,
        "relative_strength": -28.071458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.563786,
        "energy": 57.750232,
        "activity_lines": [
          32.568667,
          33.670917,
          35.910548,
          39.238545
        ]
      }
    ],
    "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."
    }
  }
}