{
  "ticker": {
    "uuid": "d7b605e7-be99-43e0-bb95-495b47d7d60c",
    "symbol": "300535",
    "name": "Sichuan Dowell Science and Technology Inc.",
    "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": -63.605,
    "architecture_energy": 58.455,
    "architecture_maturity": 69.469,
    "architecture_confidence": 95.954,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 8.4,
        "rotation_up": 26.91,
        "upward_expansion": 10.67,
        "deceleration": 60.12,
        "rotation_down": 53.75,
        "downward_expansion": 84.0
      },
      "activity_lines": [
        13.611333,
        13.757537,
        15.145877,
        16.450502
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 14.55,
    "trend_reference": 17.959899,
    "distance_from_trend": -0.189862,
    "trend_direction": "Weakening",
    "fair_value": 15.703555,
    "distance_from_fair_value": -0.073458,
    "fair_value_direction": "Weakening",
    "relative_strength": -24.88855,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.309445,
    "excess_performance": -0.316844,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.189862,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.086057,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.073458,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.311555,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.248885,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.080194,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.309445,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.487245,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 12979435,
      "relative_activity": 1.256289,
      "balance": 0.487245,
      "dry_up": 1.119954,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.099743,
      "annualized_volatility": 0.363177,
      "from_high_reference": -0.388912,
      "from_low_reference": 0.222689
    },
    "levels": {
      "trend_reference": 17.959899,
      "fair_value_reference": 15.703555,
      "structural_low": 11.9,
      "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": 14,
        "median_return": 0.022009,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.428571,
        "median_excess_return": 0.002932,
        "regime_survival": 0.714286,
        "best_return": 0.413762,
        "worst_return": -0.168977,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.0952,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.009364,
        "regime_survival": 0.2,
        "best_return": 0.162033,
        "worst_return": 0.024279,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.081237,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.079387,
        "regime_survival": 0.333333,
        "best_return": 0.227586,
        "worst_return": -0.022425,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.156885,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.105744,
        "regime_survival": 0.0,
        "best_return": 0.200057,
        "worst_return": 0.113713,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-11",
        "end": "2024-10-25",
        "tenure": "New",
        "return": 0.166035,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-01",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": -0.103814,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-17",
        "end": "2025-03-14",
        "tenure": "Developing",
        "return": 0.120329,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-21",
        "end": "2025-04-04",
        "tenure": "New",
        "return": 0.003367,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.148478,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-30",
        "end": "2025-09-19",
        "tenure": "Established",
        "return": 0.249356,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-26",
        "end": "2025-11-07",
        "tenure": "Developing",
        "return": 0.119348,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-14",
        "end": "2025-12-05",
        "tenure": "New",
        "return": -0.112722,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.044084,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-12-26",
        "end": "2026-01-16",
        "tenure": "New",
        "return": 0.059944,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-23",
        "end": "2026-02-06",
        "tenure": "New",
        "return": 0.009524,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-13",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.093364,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": -0.008753,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-29",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.110636,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 14.907162,
        "volume": 5102782,
        "typical_volume": 5012432.55,
        "trend": 13.914676,
        "fair_value": 14.062182,
        "relative_strength": 10.642701,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.618723,
        "energy": 75.234961,
        "activity_lines": [
          14.835608,
          14.545415,
          14.13923,
          14.062273
        ]
      },
      {
        "date": "2023-08-04",
        "close": 14.479823,
        "volume": 5566702,
        "typical_volume": 4987459.75,
        "trend": 13.971654,
        "fair_value": 14.075711,
        "relative_strength": 5.864158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.410391,
        "energy": 64.779378,
        "activity_lines": [
          14.738214,
          14.571434,
          14.189252,
          14.098734
        ]
      },
      {
        "date": "2023-08-11",
        "close": 14.509638,
        "volume": 4519252,
        "typical_volume": 4907048.65,
        "trend": 14.016707,
        "fair_value": 14.089872,
        "relative_strength": 9.946804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.445908,
        "energy": 39.477054,
        "activity_lines": [
          14.650096,
          14.59366,
          14.239699,
          14.133443
        ]
      },
      {
        "date": "2023-08-18",
        "close": 15.046295,
        "volume": 6249110,
        "typical_volume": 4905608.95,
        "trend": 14.088593,
        "fair_value": 14.104394,
        "relative_strength": 17.25217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.492453,
        "energy": 42.591112,
        "activity_lines": [
          14.756765,
          14.704966,
          14.341873,
          14.199868
        ]
      },
      {
        "date": "2023-08-25",
        "close": 14.171741,
        "volume": 6666364,
        "typical_volume": 4916940.1,
        "trend": 14.113769,
        "fair_value": 14.11287,
        "relative_strength": 13.612419,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.276722,
        "energy": 20.988691,
        "activity_lines": [
          14.56264,
          14.631605,
          14.357963,
          14.205232
        ]
      },
      {
        "date": "2023-09-01",
        "close": 15.722086,
        "volume": 19779949,
        "typical_volume": 5687813.75,
        "trend": 14.172735,
        "fair_value": 14.129588,
        "relative_strength": 21.382797,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.008531,
        "energy": 42.128949,
        "activity_lines": [
          14.929025,
          14.838498,
          14.519433,
          14.308994
        ]
      },
      {
        "date": "2023-09-08",
        "close": 15.791654,
        "volume": 7973716,
        "typical_volume": 5847816.2,
        "trend": 14.216132,
        "fair_value": 14.147443,
        "relative_strength": 23.378576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.960011,
        "energy": 57.746938,
        "activity_lines": [
          15.264271,
          15.022624,
          14.676929,
          14.413441
        ]
      },
      {
        "date": "2023-09-15",
        "close": 15.751901,
        "volume": 13328306,
        "typical_volume": 6251622.65,
        "trend": 14.267479,
        "fair_value": 14.159891,
        "relative_strength": 24.081725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.654498,
        "energy": 58.137823,
        "activity_lines": [
          15.49881,
          15.175491,
          14.814643,
          14.512523
        ]
      },
      {
        "date": "2023-09-22",
        "close": 15.821467,
        "volume": 5921552,
        "typical_volume": 6370821.55,
        "trend": 14.312863,
        "fair_value": 14.166251,
        "relative_strength": 23.53848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.036164,
        "energy": 70.639134,
        "activity_lines": [
          15.673721,
          15.322755,
          14.94521,
          14.61278
        ]
      },
      {
        "date": "2023-09-29",
        "close": 16.238869,
        "volume": 6134086,
        "typical_volume": 6488614.6,
        "trend": 14.371498,
        "fair_value": 14.173024,
        "relative_strength": 26.84587,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.633335,
        "energy": 75.663033,
        "activity_lines": [
          15.936087,
          15.529287,
          15.103037,
          14.737038
        ]
      },
      {
        "date": "2023-10-13",
        "close": 15.662458,
        "volume": 7403504,
        "typical_volume": 6700292.55,
        "trend": 14.409594,
        "fair_value": 14.173339,
        "relative_strength": 22.124804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.887916,
        "energy": 55.371814,
        "activity_lines": [
          15.868508,
          15.605359,
          15.191676,
          14.820326
        ]
      },
      {
        "date": "2023-10-20",
        "close": 15.404067,
        "volume": 7414205,
        "typical_volume": 6863976.55,
        "trend": 14.457297,
        "fair_value": 14.176332,
        "relative_strength": 25.461942,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.224679,
        "energy": 40.64035,
        "activity_lines": [
          15.718774,
          15.620718,
          15.246524,
          14.884486
        ]
      },
      {
        "date": "2023-10-27",
        "close": 16.576763,
        "volume": 11498951,
        "typical_volume": 7171927.0,
        "trend": 14.521894,
        "fair_value": 14.187408,
        "relative_strength": 31.161463,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.426498,
        "energy": 46.197874,
        "activity_lines": [
          15.985777,
          15.83249,
          15.406244,
          15.021225
        ]
      },
      {
        "date": "2023-11-03",
        "close": 17.033916,
        "volume": 10548956,
        "typical_volume": 7468992.45,
        "trend": 14.607693,
        "fair_value": 14.199529,
        "relative_strength": 32.599726,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.337095,
        "energy": 49.914025,
        "activity_lines": [
          16.350175,
          16.089796,
          15.597434,
          15.183291
        ]
      },
      {
        "date": "2023-11-10",
        "close": 17.431442,
        "volume": 10480720,
        "typical_volume": 7774103.9,
        "trend": 14.732251,
        "fair_value": 14.199497,
        "relative_strength": 32.92681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.105802,
        "energy": 64.709935,
        "activity_lines": [
          16.76625,
          16.383242,
          15.810299,
          15.365469
        ]
      },
      {
        "date": "2023-11-17",
        "close": 17.351934,
        "volume": 7985267,
        "typical_volume": 8033816.8,
        "trend": 14.860784,
        "fair_value": 14.203227,
        "relative_strength": 31.245265,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.215083,
        "energy": 75.803734,
        "activity_lines": [
          17.076319,
          16.602964,
          15.999643,
          15.534481
        ]
      },
      {
        "date": "2023-11-24",
        "close": 17.212803,
        "volume": 8048404,
        "typical_volume": 8093871.4,
        "trend": 15.020125,
        "fair_value": 14.202861,
        "relative_strength": 31.004446,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.625069,
        "energy": 73.893259,
        "activity_lines": [
          17.227378,
          16.767756,
          16.158701,
          15.686224
        ]
      },
      {
        "date": "2023-12-01",
        "close": 17.17305,
        "volume": 7918296,
        "typical_volume": 8184400.95,
        "trend": 15.163896,
        "fair_value": 14.199791,
        "relative_strength": 31.255306,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.884547,
        "energy": 66.933726,
        "activity_lines": [
          17.244604,
          16.899481,
          16.30091,
          15.825122
        ]
      },
      {
        "date": "2023-12-08",
        "close": 16.48732,
        "volume": 7993290,
        "typical_volume": 8329092.9,
        "trend": 15.273546,
        "fair_value": 14.193895,
        "relative_strength": 27.294844,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.588816,
        "energy": 46.017877,
        "activity_lines": [
          16.993501,
          16.880689,
          16.366265,
          15.910504
        ]
      },
      {
        "date": "2023-12-15",
        "close": 16.894783,
        "volume": 8491304,
        "typical_volume": 8451235.8,
        "trend": 15.395454,
        "fair_value": 14.1957,
        "relative_strength": 31.696261,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.719309,
        "energy": 33.894997,
        "activity_lines": [
          16.914659,
          16.923874,
          16.462901,
          16.0151
        ]
      },
      {
        "date": "2023-12-22",
        "close": 16.616516,
        "volume": 7662211,
        "typical_volume": 8579207.25,
        "trend": 15.491522,
        "fair_value": 14.202444,
        "relative_strength": 31.192389,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.903646,
        "energy": 26.803737,
        "activity_lines": [
          16.778838,
          16.90454,
          16.523192,
          16.093878
        ]
      },
      {
        "date": "2023-12-29",
        "close": 17.401627,
        "volume": 8338630,
        "typical_volume": 8717803.65,
        "trend": 15.605811,
        "fair_value": 14.215164,
        "relative_strength": 32.03336,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.407715,
        "energy": 30.441607,
        "activity_lines": [
          16.953749,
          17.010607,
          16.650116,
          16.217111
        ]
      },
      {
        "date": "2024-01-05",
        "close": 17.411566,
        "volume": 11660795,
        "typical_volume": 9074880.8,
        "trend": 15.718111,
        "fair_value": 14.234481,
        "relative_strength": 36.759011,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.894332,
        "energy": 37.753585,
        "activity_lines": [
          17.119385,
          17.082162,
          16.764073,
          16.333611
        ]
      },
      {
        "date": "2024-01-12",
        "close": 17.242617,
        "volume": 9602010,
        "typical_volume": 9242525.8,
        "trend": 15.838362,
        "fair_value": 14.251144,
        "relative_strength": 35.824688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.809317,
        "energy": 37.379276,
        "activity_lines": [
          17.212803,
          17.10782,
          16.848121,
          16.431967
        ]
      },
      {
        "date": "2024-01-19",
        "close": 16.199116,
        "volume": 10806717,
        "typical_volume": 9449543.45,
        "trend": 15.908923,
        "fair_value": 14.266899,
        "relative_strength": 29.433215,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 31.523701,
        "energy": 22.170653,
        "activity_lines": [
          16.908034,
          16.939957,
          16.82233,
          16.455241
        ]
      },
      {
        "date": "2024-01-26",
        "close": 15.781715,
        "volume": 15560422,
        "typical_volume": 9238567.1,
        "trend": 15.97584,
        "fair_value": 14.27979,
        "relative_strength": 25.28602,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 2.905558,
        "energy": 6.967938,
        "activity_lines": [
          16.51051,
          16.718608,
          16.747131,
          16.447034
        ]
      },
      {
        "date": "2024-02-02",
        "close": 11.92573,
        "volume": 17568883,
        "typical_volume": 9718325.45,
        "trend": 15.891034,
        "fair_value": 14.277763,
        "relative_strength": 2.484057,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -48.078497,
        "energy": 56.586593,
        "activity_lines": [
          14.883311,
          15.82472,
          16.304412,
          16.185737
        ]
      },
      {
        "date": "2024-02-09",
        "close": 9.749284,
        "volume": 26282772,
        "typical_volume": 10366048.75,
        "trend": 15.724405,
        "fair_value": 14.264236,
        "relative_strength": -23.430622,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -64.165491,
        "energy": 82.710759,
        "activity_lines": [
          12.895689,
          14.631244,
          15.672822,
          15.789495
        ]
      },
      {
        "date": "2024-02-23",
        "close": 11.92573,
        "volume": 21250358,
        "typical_volume": 11132489.05,
        "trend": 15.625024,
        "fair_value": 14.260954,
        "relative_strength": -9.034194,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -69.532563,
        "energy": 87.012976,
        "activity_lines": [
          12.144368,
          13.968463,
          15.277096,
          15.544419
        ]
      },
      {
        "date": "2024-03-01",
        "close": 11.8661,
        "volume": 22340085,
        "typical_volume": 11942789.0,
        "trend": 15.526306,
        "fair_value": 14.259927,
        "relative_strength": -13.045462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.625245,
        "energy": 86.121588,
        "activity_lines": [
          11.72763,
          13.377777,
          14.894242,
          15.301908
        ]
      },
      {
        "date": "2024-03-08",
        "close": 11.756782,
        "volume": 13168834,
        "typical_volume": 12231055.5,
        "trend": 15.421293,
        "fair_value": 14.262662,
        "relative_strength": -13.274829,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.840194,
        "energy": 83.097924,
        "activity_lines": [
          11.56332,
          12.858647,
          14.5218,
          15.058713
        ]
      },
      {
        "date": "2024-03-15",
        "close": 12.720778,
        "volume": 10532462,
        "typical_volume": 12386968.35,
        "trend": 15.362658,
        "fair_value": 14.268622,
        "relative_strength": -8.666048,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.815456,
        "energy": 54.55965,
        "activity_lines": [
          11.988671,
          12.603147,
          14.259765,
          14.884486
        ]
      },
      {
        "date": "2024-03-22",
        "close": 13.068611,
        "volume": 10925363,
        "typical_volume": 12358288.95,
        "trend": 15.314624,
        "fair_value": 14.271221,
        "relative_strength": -5.827358,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.152035,
        "energy": 44.05044,
        "activity_lines": [
          12.476963,
          12.495996,
          14.043635,
          14.736483
        ]
      },
      {
        "date": "2024-03-29",
        "close": 13.217684,
        "volume": 9214231,
        "typical_volume": 12291552.7,
        "trend": 15.25367,
        "fair_value": 14.272387,
        "relative_strength": -3.298479,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.086617,
        "energy": 32.370431,
        "activity_lines": [
          12.793657,
          12.494912,
          13.858407,
          14.601196
        ]
      },
      {
        "date": "2024-04-05",
        "close": 13.645021,
        "volume": 6881741,
        "typical_volume": 12111603.75,
        "trend": 15.236113,
        "fair_value": 14.273717,
        "relative_strength": -1.899593,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.085975,
        "energy": 22.77222,
        "activity_lines": [
          13.166667,
          12.644706,
          13.732051,
          14.497412
        ]
      },
      {
        "date": "2024-04-12",
        "close": 13.058674,
        "volume": 11123532,
        "typical_volume": 12268517.0,
        "trend": 15.147333,
        "fair_value": 14.276189,
        "relative_strength": -3.127379,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.489238,
        "energy": 21.404848,
        "activity_lines": [
          13.225634,
          12.73433,
          13.567883,
          14.356932
        ]
      },
      {
        "date": "2024-04-19",
        "close": 11.13068,
        "volume": 22862465,
        "typical_volume": 13009220.05,
        "trend": 14.991967,
        "fair_value": 14.262532,
        "relative_strength": -17.945209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.787376,
        "energy": 32.049354,
        "activity_lines": [
          12.555143,
          12.522919,
          13.240541,
          14.097794
        ]
      },
      {
        "date": "2024-04-26",
        "close": 12.18412,
        "volume": 18432801,
        "typical_volume": 13534945.3,
        "trend": 14.873041,
        "fair_value": 14.25745,
        "relative_strength": -12.096088,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.499787,
        "energy": 32.718858,
        "activity_lines": [
          12.341805,
          12.517498,
          13.042489,
          13.916642
        ]
      },
      {
        "date": "2024-05-03",
        "close": 12.710839,
        "volume": 6284284,
        "typical_volume": 13449495.0,
        "trend": 14.769353,
        "fair_value": 14.258761,
        "relative_strength": -9.758988,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.842448,
        "energy": 33.887279,
        "activity_lines": [
          12.363006,
          12.563575,
          12.918357,
          13.777145
        ]
      },
      {
        "date": "2024-05-10",
        "close": 13.078549,
        "volume": 17073070,
        "typical_volume": 13878583.3,
        "trend": 14.664009,
        "fair_value": 14.259789,
        "relative_strength": -8.774087,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.028,
        "energy": 33.286265,
        "activity_lines": [
          12.540566,
          12.662233,
          12.847228,
          13.668061
        ]
      },
      {
        "date": "2024-05-17",
        "close": 13.515827,
        "volume": 15090187,
        "typical_volume": 14249982.1,
        "trend": 14.592455,
        "fair_value": 14.260731,
        "relative_strength": -5.772418,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.718142,
        "energy": 18.381986,
        "activity_lines": [
          12.901651,
          12.818352,
          12.835918,
          13.593985
        ]
      },
      {
        "date": "2024-05-24",
        "close": 13.008984,
        "volume": 8762701,
        "typical_volume": 14271185.65,
        "trend": 14.512619,
        "fair_value": 14.260937,
        "relative_strength": -6.780321,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.136781,
        "energy": 14.614077,
        "activity_lines": [
          13.063312,
          12.850335,
          12.791102,
          13.491825
        ]
      },
      {
        "date": "2024-05-31",
        "close": 13.187869,
        "volume": 10052435,
        "typical_volume": 14190767.65,
        "trend": 14.399656,
        "fair_value": 14.266687,
        "relative_strength": -5.100475,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.354634,
        "energy": 14.803572,
        "activity_lines": [
          13.15938,
          12.909602,
          12.78424,
          13.406358
        ]
      },
      {
        "date": "2024-06-07",
        "close": 11.836287,
        "volume": 15399188,
        "typical_volume": 14480626.55,
        "trend": 14.226401,
        "fair_value": 14.265093,
        "relative_strength": -13.823919,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.18499,
        "energy": 18.749075,
        "activity_lines": [
          12.738004,
          12.720959,
          12.668769,
          13.240979
        ]
      },
      {
        "date": "2024-06-14",
        "close": 11.935668,
        "volume": 8325398,
        "typical_volume": 14356560.6,
        "trend": 14.043209,
        "fair_value": 14.260932,
        "relative_strength": -13.083026,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.670178,
        "energy": 32.276793,
        "activity_lines": [
          12.408059,
          12.575501,
          12.588507,
          13.09319
        ]
      },
      {
        "date": "2024-06-21",
        "close": 11.826347,
        "volume": 8911534,
        "typical_volume": 14024116.2,
        "trend": 13.859023,
        "fair_value": 14.256949,
        "relative_strength": -12.145768,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.732373,
        "energy": 41.244058,
        "activity_lines": [
          12.117866,
          12.441246,
          12.518135,
          12.950167
        ]
      },
      {
        "date": "2024-06-28",
        "close": 11.726967,
        "volume": 9003281,
        "typical_volume": 13595836.1,
        "trend": 13.676161,
        "fair_value": 14.251576,
        "relative_strength": -10.848224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.935638,
        "energy": 47.496004,
        "activity_lines": [
          11.907178,
          12.311328,
          12.457134,
          12.812615
        ]
      },
      {
        "date": "2024-07-05",
        "close": 11.448701,
        "volume": 6835932,
        "typical_volume": 12623494.1,
        "trend": 13.48535,
        "fair_value": 14.242533,
        "relative_strength": -11.512092,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.521152,
        "energy": 51.757284,
        "activity_lines": [
          11.689202,
          12.119974,
          12.370578,
          12.668907
        ]
      },
      {
        "date": "2024-07-12",
        "close": 11.63,
        "volume": 16919266,
        "typical_volume": 12406939.5,
        "trend": 13.323439,
        "fair_value": 14.232015,
        "relative_strength": -11.721685,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.199818,
        "energy": 43.663891,
        "activity_lines": [
          11.647604,
          11.974955,
          12.293196,
          12.549207
        ]
      },
      {
        "date": "2024-07-19",
        "close": 10.91,
        "volume": 7844360,
        "typical_volume": 11682153.25,
        "trend": 13.123946,
        "fair_value": 14.216441,
        "relative_strength": -17.506456,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.674927,
        "energy": 53.268119,
        "activity_lines": [
          11.379759,
          11.718679,
          12.148651,
          12.393502
        ]
      },
      {
        "date": "2024-07-26",
        "close": 11.08,
        "volume": 6095173,
        "typical_volume": 11328470.2,
        "trend": 12.939396,
        "fair_value": 14.202145,
        "relative_strength": -13.1749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.378824,
        "energy": 55.001172,
        "activity_lines": [
          11.236958,
          11.53274,
          12.024849,
          12.261634
        ]
      },
      {
        "date": "2024-08-02",
        "close": 11.21,
        "volume": 6938817,
        "typical_volume": 11148787.95,
        "trend": 12.733008,
        "fair_value": 14.190567,
        "relative_strength": -11.638308,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.993926,
        "energy": 48.59146,
        "activity_lines": [
          11.187247,
          11.414725,
          11.916651,
          12.15006
        ]
      },
      {
        "date": "2024-08-09",
        "close": 11.14,
        "volume": 6754800,
        "typical_volume": 10940259.8,
        "trend": 12.523956,
        "fair_value": 14.17346,
        "relative_strength": -10.499543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.33265,
        "energy": 50.282454,
        "activity_lines": [
          11.148667,
          11.316692,
          11.80898,
          12.047286
        ]
      },
      {
        "date": "2024-08-16",
        "close": 11.42,
        "volume": 9120937,
        "typical_volume": 10935595.1,
        "trend": 12.329869,
        "fair_value": 14.154669,
        "relative_strength": -7.863029,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.011133,
        "energy": 35.68498,
        "activity_lines": [
          11.224,
          11.306801,
          11.73716,
          11.976063
        ]
      },
      {
        "date": "2024-08-23",
        "close": 10.48,
        "volume": 5180400,
        "typical_volume": 10850528.05,
        "trend": 12.139232,
        "fair_value": 14.130991,
        "relative_strength": -13.642548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.225782,
        "energy": 41.047872,
        "activity_lines": [
          11.0,
          11.133571,
          11.584377,
          11.856716
        ]
      },
      {
        "date": "2024-08-30",
        "close": 11.6,
        "volume": 9942875,
        "typical_volume": 10791495.2,
        "trend": 11.999841,
        "fair_value": 14.10621,
        "relative_strength": -6.260769,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.808175,
        "energy": 29.662559,
        "activity_lines": [
          11.178,
          11.190443,
          11.553331,
          11.821927
        ]
      },
      {
        "date": "2024-09-06",
        "close": 11.32,
        "volume": 6457637,
        "typical_volume": 9971253.8,
        "trend": 11.97965,
        "fair_value": 14.08172,
        "relative_strength": -6.065911,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.687793,
        "energy": 24.559301,
        "activity_lines": [
          11.228,
          11.200522,
          11.502565,
          11.778066
        ]
      },
      {
        "date": "2024-09-13",
        "close": 11.1,
        "volume": 5260968,
        "typical_volume": 9312662.15,
        "trend": 12.024674,
        "fair_value": 14.050762,
        "relative_strength": -6.056236,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.278639,
        "energy": 26.657009,
        "activity_lines": [
          11.197333,
          11.178,
          11.429946,
          11.721315
        ]
      },
      {
        "date": "2024-09-20",
        "close": 11.19,
        "volume": 4343000,
        "typical_volume": 9215597.95,
        "trend": 12.00015,
        "fair_value": 14.023732,
        "relative_strength": -6.185685,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.708473,
        "energy": 19.193273,
        "activity_lines": [
          11.199333,
          11.178182,
          11.37106,
          11.667465
        ]
      },
      {
        "date": "2024-09-27",
        "close": 12.5,
        "volume": 8660347,
        "typical_volume": 8794961.8,
        "trend": 12.02128,
        "fair_value": 13.999156,
        "relative_strength": -10.782475,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -8.685661,
        "energy": 9.686794,
        "activity_lines": [
          11.653333,
          11.424545,
          11.444178,
          11.699713
        ]
      },
      {
        "date": "2024-10-04",
        "close": 13.94,
        "volume": 4746839,
        "typical_volume": 8277794.4,
        "trend": 12.094054,
        "fair_value": 13.988679,
        "relative_strength": -9.822913,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 41.211274,
        "energy": 44.105647,
        "activity_lines": [
          12.452667,
          11.903818,
          11.657194,
          11.823502
        ]
      },
      {
        "date": "2024-10-11",
        "close": 13.19,
        "volume": 17397458,
        "typical_volume": 8709532.25,
        "trend": 12.109694,
        "fair_value": 13.975861,
        "relative_strength": -10.350121,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 27.862762,
        "energy": 48.320313,
        "activity_lines": [
          12.846,
          12.194727,
          11.796761,
          11.894208
        ]
      },
      {
        "date": "2024-10-18",
        "close": 15.82,
        "volume": 52460684,
        "typical_volume": 10829944.7,
        "trend": 12.201407,
        "fair_value": 13.971429,
        "relative_strength": 4.481704,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 59.126589,
        "energy": 73.18275,
        "activity_lines": [
          13.991333,
          12.927818,
          12.185943,
          12.133582
        ]
      },
      {
        "date": "2024-10-25",
        "close": 15.38,
        "volume": 40266945,
        "typical_volume": 12073332.55,
        "trend": 12.273484,
        "fair_value": 13.968539,
        "relative_strength": -0.721116,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 77.571686,
        "energy": 83.984104,
        "activity_lines": [
          14.675333,
          13.495818,
          12.520686,
          12.338653
        ]
      },
      {
        "date": "2024-11-01",
        "close": 14.16,
        "volume": 22156862,
        "typical_volume": 12764905.75,
        "trend": 12.29065,
        "fair_value": 13.963582,
        "relative_strength": -6.738745,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.931657,
        "energy": 73.880849,
        "activity_lines": [
          14.673333,
          13.77,
          12.722364,
          12.460364
        ]
      },
      {
        "date": "2024-11-08",
        "close": 15.06,
        "volume": 16995259,
        "typical_volume": 13169092.0,
        "trend": 12.357361,
        "fair_value": 13.962877,
        "relative_strength": -6.617626,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.883957,
        "energy": 71.853889,
        "activity_lines": [
          14.860667,
          14.140909,
          12.999164,
          12.639031
        ]
      },
      {
        "date": "2024-11-15",
        "close": 14.68,
        "volume": 16744514,
        "typical_volume": 13556153.65,
        "trend": 12.475672,
        "fair_value": 13.964162,
        "relative_strength": -4.99675,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.256856,
        "energy": 49.197845,
        "activity_lines": [
          14.846667,
          14.379818,
          13.224375,
          12.788879
        ]
      },
      {
        "date": "2024-11-22",
        "close": 14.45,
        "volume": 11417004,
        "typical_volume": 13785207.25,
        "trend": 12.551201,
        "fair_value": 13.968715,
        "relative_strength": -3.247084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.756198,
        "energy": 40.514575,
        "activity_lines": [
          14.656667,
          14.515818,
          13.413619,
          12.916255
        ]
      },
      {
        "date": "2024-11-29",
        "close": 15.49,
        "volume": 13637865,
        "typical_volume": 13621137.2,
        "trend": 12.64384,
        "fair_value": 13.982147,
        "relative_strength": 2.424347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.127803,
        "energy": 45.449275,
        "activity_lines": [
          14.904667,
          14.78,
          13.687619,
          13.105855
        ]
      },
      {
        "date": "2024-12-06",
        "close": 15.45,
        "volume": 14208174,
        "typical_volume": 13939327.9,
        "trend": 12.722888,
        "fair_value": 13.993174,
        "relative_strength": 0.915558,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.871371,
        "energy": 43.512138,
        "activity_lines": [
          15.132,
          14.958727,
          13.939429,
          13.286898
        ]
      },
      {
        "date": "2024-12-13",
        "close": 15.59,
        "volume": 23302563,
        "typical_volume": 14799697.4,
        "trend": 12.792027,
        "fair_value": 14.001367,
        "relative_strength": 2.951431,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.257327,
        "energy": 43.770412,
        "activity_lines": [
          15.32,
          15.109273,
          14.182952,
          13.471872
        ]
      },
      {
        "date": "2024-12-20",
        "close": 14.6,
        "volume": 12178297,
        "typical_volume": 15061671.4,
        "trend": 12.845061,
        "fair_value": 14.000558,
        "relative_strength": -2.415165,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.82461,
        "energy": 37.730526,
        "activity_lines": [
          15.142667,
          15.049818,
          14.310714,
          13.588516
        ]
      },
      {
        "date": "2024-12-27",
        "close": 13.69,
        "volume": 11194686,
        "typical_volume": 15283665.7,
        "trend": 12.861799,
        "fair_value": 13.993411,
        "relative_strength": -7.960089,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.044624,
        "energy": 24.052276,
        "activity_lines": [
          14.667333,
          14.799273,
          14.335667,
          13.643028
        ]
      },
      {
        "date": "2025-01-03",
        "close": 12.46,
        "volume": 8662009,
        "typical_volume": 15260719.3,
        "trend": 12.882589,
        "fair_value": 13.975154,
        "relative_strength": -9.060645,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 13.891596,
        "energy": 14.255713,
        "activity_lines": [
          13.832667,
          14.363818,
          14.231333,
          13.617106
        ]
      },
      {
        "date": "2025-01-10",
        "close": 12.69,
        "volume": 8305678,
        "typical_volume": 15416983.2,
        "trend": 12.907734,
        "fair_value": 13.959446,
        "relative_strength": -5.619754,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 0.462395,
        "energy": 18.072186,
        "activity_lines": [
          13.276667,
          14.023273,
          14.143952,
          13.60468
        ]
      },
      {
        "date": "2025-01-17",
        "close": 13.38,
        "volume": 7668584,
        "typical_volume": 15303268.65,
        "trend": 12.959522,
        "fair_value": 13.947213,
        "relative_strength": -3.253069,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.919906,
        "energy": 23.899028,
        "activity_lines": [
          13.134667,
          13.834909,
          14.111762,
          13.635149
        ]
      },
      {
        "date": "2025-01-24",
        "close": 13.43,
        "volume": 9391542,
        "typical_volume": 15449963.9,
        "trend": 13.01629,
        "fair_value": 13.940675,
        "relative_strength": -3.396003,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 2.231864,
        "energy": 24.473101,
        "activity_lines": [
          13.156667,
          13.686182,
          14.075857,
          13.665503
        ]
      },
      {
        "date": "2025-01-31",
        "close": 13.44,
        "volume": 1519752,
        "typical_volume": 15262903.1,
        "trend": 13.082667,
        "fair_value": 13.927626,
        "relative_strength": -1.352195,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 4.441382,
        "energy": 25.524458,
        "activity_lines": [
          13.26,
          13.562,
          14.030857,
          13.692839
        ]
      },
      {
        "date": "2025-02-07",
        "close": 13.86,
        "volume": 4854765,
        "typical_volume": 15288491.35,
        "trend": 13.157,
        "fair_value": 13.916763,
        "relative_strength": -2.070264,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.117963,
        "energy": 8.733673,
        "activity_lines": [
          13.52,
          13.532545,
          14.014714,
          13.742989
        ]
      },
      {
        "date": "2025-02-14",
        "close": 13.76,
        "volume": 6348484,
        "typical_volume": 15172898.2,
        "trend": 13.252,
        "fair_value": 13.90235,
        "relative_strength": -4.585329,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.608192,
        "energy": 12.818554,
        "activity_lines": [
          13.653333,
          13.514545,
          13.976333,
          13.781892
        ]
      },
      {
        "date": "2025-02-21",
        "close": 14.64,
        "volume": 9607913,
        "typical_volume": 15415951.9,
        "trend": 13.370667,
        "fair_value": 13.896108,
        "relative_strength": -0.74173,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.499763,
        "energy": 25.028044,
        "activity_lines": [
          14.008667,
          13.687273,
          14.015762,
          13.871441
        ]
      },
      {
        "date": "2025-02-28",
        "close": 14.24,
        "volume": 7618004,
        "typical_volume": 14926979.2,
        "trend": 13.471667,
        "fair_value": 13.890526,
        "relative_strength": -0.115725,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 36.670111,
        "energy": 25.545355,
        "activity_lines": [
          14.146667,
          13.804545,
          14.013762,
          13.927527
        ]
      },
      {
        "date": "2025-03-07",
        "close": 14.69,
        "volume": 10785725,
        "typical_volume": 12843231.25,
        "trend": 13.59,
        "fair_value": 13.888713,
        "relative_strength": 0.687632,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 46.672934,
        "energy": 30.959983,
        "activity_lines": [
          14.380667,
          14.010182,
          14.049619,
          14.006129
        ]
      },
      {
        "date": "2025-03-14",
        "close": 14.99,
        "volume": 9731396,
        "typical_volume": 11316453.8,
        "trend": 13.709,
        "fair_value": 13.883703,
        "relative_strength": 1.423443,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 62.756382,
        "energy": 46.299654,
        "activity_lines": [
          14.631333,
          14.252182,
          14.119429,
          14.096452
        ]
      },
      {
        "date": "2025-03-21",
        "close": 14.85,
        "volume": 11051453,
        "typical_volume": 10761183.35,
        "trend": 13.854667,
        "fair_value": 13.872294,
        "relative_strength": 3.175333,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.604623,
        "energy": 53.80424,
        "activity_lines": [
          14.76,
          14.422727,
          14.177762,
          14.170065
        ]
      },
      {
        "date": "2025-03-28",
        "close": 14.28,
        "volume": 14873949,
        "typical_volume": 10655117.85,
        "trend": 13.944,
        "fair_value": 13.861468,
        "relative_strength": 0.050794,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.164649,
        "energy": 39.698815,
        "activity_lines": [
          14.626,
          14.450364,
          14.178524,
          14.197505
        ]
      },
      {
        "date": "2025-04-04",
        "close": 14.9,
        "volume": 10553948,
        "typical_volume": 10345589.55,
        "trend": 14.063333,
        "fair_value": 13.857904,
        "relative_strength": 6.815939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.855093,
        "energy": 40.181859,
        "activity_lines": [
          14.722667,
          14.574364,
          14.242048,
          14.259183
        ]
      },
      {
        "date": "2025-04-11",
        "close": 13.47,
        "volume": 15190805,
        "typical_volume": 10534279.6,
        "trend": 14.142333,
        "fair_value": 13.849788,
        "relative_strength": 1.8473,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.747359,
        "energy": 5.509945,
        "activity_lines": [
          14.298667,
          14.411636,
          14.168333,
          14.220903
        ]
      },
      {
        "date": "2025-04-18",
        "close": 13.81,
        "volume": 8911938,
        "typical_volume": 10297983.25,
        "trend": 14.229667,
        "fair_value": 13.842904,
        "relative_strength": 4.663796,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.510182,
        "energy": 14.143552,
        "activity_lines": [
          14.069333,
          14.310182,
          14.131667,
          14.199462
        ]
      },
      {
        "date": "2025-04-25",
        "close": 14.04,
        "volume": 8391207,
        "typical_volume": 10007134.9,
        "trend": 14.281,
        "fair_value": 13.833511,
        "relative_strength": 4.762391,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -30.824847,
        "energy": 19.801274,
        "activity_lines": [
          13.995333,
          14.251455,
          14.124905,
          14.187226
        ]
      },
      {
        "date": "2025-05-02",
        "close": 14.89,
        "volume": 8431075,
        "typical_volume": 9263560.5,
        "trend": 14.312667,
        "fair_value": 13.832032,
        "relative_strength": 11.016727,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 1.82686,
        "energy": 7.242279,
        "activity_lines": [
          14.258667,
          14.342182,
          14.20581,
          14.226516
        ]
      },
      {
        "date": "2025-05-09",
        "close": 15.43,
        "volume": 9012704,
        "typical_volume": 9105280.85,
        "trend": 14.387333,
        "fair_value": 13.837809,
        "relative_strength": 12.177841,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 33.131837,
        "energy": 24.181596,
        "activity_lines": [
          14.661333,
          14.526545,
          14.341476,
          14.298602
        ]
      },
      {
        "date": "2025-05-16",
        "close": 15.5,
        "volume": 8416836,
        "typical_volume": 8966388.35,
        "trend": 14.376667,
        "fair_value": 13.851179,
        "relative_strength": 11.895662,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 33.273264,
        "energy": 43.747125,
        "activity_lines": [
          15.052,
          14.702,
          14.479857,
          14.370387
        ]
      },
      {
        "date": "2025-05-23",
        "close": 15.47,
        "volume": 11042629,
        "typical_volume": 9085419.35,
        "trend": 14.379667,
        "fair_value": 13.87264,
        "relative_strength": 11.967462,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 60.178449,
        "energy": 61.359624,
        "activity_lines": [
          15.297333,
          14.857273,
          14.606762,
          14.440925
        ]
      },
      {
        "date": "2025-05-30",
        "close": 15.52,
        "volume": 7825857,
        "typical_volume": 9061428.3,
        "trend": 14.425,
        "fair_value": 13.895242,
        "relative_strength": 13.136877,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.167162,
        "energy": 64.28447,
        "activity_lines": [
          15.448667,
          15.012909,
          14.724095,
          14.514495
        ]
      },
      {
        "date": "2025-06-06",
        "close": 16.15,
        "volume": 7104501,
        "typical_volume": 9033224.15,
        "trend": 14.461333,
        "fair_value": 13.918343,
        "relative_strength": 15.575924,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.854002,
        "energy": 68.880944,
        "activity_lines": [
          15.711333,
          15.270909,
          14.887952,
          14.625785
        ]
      },
      {
        "date": "2025-06-13",
        "close": 15.65,
        "volume": 13132196,
        "typical_volume": 9220256.85,
        "trend": 14.493667,
        "fair_value": 13.936026,
        "relative_strength": 12.276215,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.90536,
        "energy": 53.571292,
        "activity_lines": [
          15.723333,
          15.404,
          14.991,
          14.702473
        ]
      },
      {
        "date": "2025-06-20",
        "close": 14.96,
        "volume": 8630415,
        "typical_volume": 9575790.0,
        "trend": 14.510667,
        "fair_value": 13.948779,
        "relative_strength": 8.293699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.741768,
        "energy": 33.886169,
        "activity_lines": [
          15.490667,
          15.398,
          15.017762,
          14.732559
        ]
      },
      {
        "date": "2025-06-27",
        "close": 16.43,
        "volume": 10465991,
        "typical_volume": 9856351.3,
        "trend": 14.542,
        "fair_value": 13.968996,
        "relative_strength": 14.24424,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.242001,
        "energy": 41.670131,
        "activity_lines": [
          15.784,
          15.632182,
          15.177286,
          14.856387
        ]
      },
      {
        "date": "2025-07-04",
        "close": 16.639999,
        "volume": 11322246,
        "typical_volume": 10105039.4,
        "trend": 14.581667,
        "fair_value": 13.991002,
        "relative_strength": 13.849211,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.678489,
        "energy": 44.10975,
        "activity_lines": [
          16.083333,
          15.856909,
          15.344571,
          14.991742
        ]
      },
      {
        "date": "2025-07-11",
        "close": 16.92,
        "volume": 11733952,
        "typical_volume": 10211341.35,
        "trend": 14.626,
        "fair_value": 14.014106,
        "relative_strength": 13.31687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.51094,
        "energy": 67.739308,
        "activity_lines": [
          16.401333,
          16.085273,
          15.524809,
          15.142602
        ]
      },
      {
        "date": "2025-07-18",
        "close": 17.129999,
        "volume": 8417500,
        "typical_volume": 10251316.15,
        "trend": 14.710333,
        "fair_value": 14.037419,
        "relative_strength": 11.903895,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.393536,
        "energy": 78.700778,
        "activity_lines": [
          16.737999,
          16.314909,
          15.71419,
          15.30415
        ]
      },
      {
        "date": "2025-07-25",
        "close": 18.01,
        "volume": 43185390,
        "typical_volume": 11871299.4,
        "trend": 14.854333,
        "fair_value": 14.06631,
        "relative_strength": 14.465433,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.102503,
        "energy": 81.462689,
        "activity_lines": [
          17.269333,
          16.673636,
          15.973619,
          15.517032
        ]
      },
      {
        "date": "2025-08-01",
        "close": 17.42,
        "volume": 23944140,
        "typical_volume": 12581936.6,
        "trend": 15.019667,
        "fair_value": 14.092114,
        "relative_strength": 12.077021,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.588399,
        "energy": 74.702593,
        "activity_lines": [
          17.400666,
          16.879454,
          16.161047,
          15.682559
        ]
      },
      {
        "date": "2025-08-08",
        "close": 19.35,
        "volume": 23458489,
        "typical_volume": 13202288.4,
        "trend": 15.241667,
        "fair_value": 14.133654,
        "relative_strength": 22.273413,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.496022,
        "energy": 82.100031,
        "activity_lines": [
          18.109333,
          17.400727,
          16.520714,
          15.961935
        ]
      },
      {
        "date": "2025-08-15",
        "close": 22.190001,
        "volume": 47957661,
        "typical_volume": 14856474.0,
        "trend": 15.535333,
        "fair_value": 14.187282,
        "relative_strength": 33.149711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.594624,
        "energy": 90.294518,
        "activity_lines": [
          19.584,
          18.368727,
          17.129429,
          16.410215
        ]
      },
      {
        "date": "2025-08-22",
        "close": 21.940001,
        "volume": 21078625,
        "typical_volume": 15382707.85,
        "trend": 15.819,
        "fair_value": 14.238098,
        "relative_strength": 25.02238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.201808,
        "energy": 91.89748,
        "activity_lines": [
          20.624001,
          19.181455,
          17.676667,
          16.823419
        ]
      },
      {
        "date": "2025-08-29",
        "close": 20.129999,
        "volume": 16772108,
        "typical_volume": 15461773.0,
        "trend": 16.042,
        "fair_value": 14.278713,
        "relative_strength": 9.632451,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.086087,
        "energy": 79.65733,
        "activity_lines": [
          20.74,
          19.550727,
          18.018,
          17.101548
        ]
      },
      {
        "date": "2025-09-05",
        "close": 19.68,
        "volume": 12963514,
        "typical_volume": 15664351.8,
        "trend": 16.236,
        "fair_value": 14.31141,
        "relative_strength": 7.835573,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.783332,
        "energy": 60.029064,
        "activity_lines": [
          20.564667,
          19.744182,
          18.284762,
          17.336258
        ]
      },
      {
        "date": "2025-09-12",
        "close": 20.040001,
        "volume": 13837624,
        "typical_volume": 15936672.65,
        "trend": 16.445333,
        "fair_value": 14.347753,
        "relative_strength": 6.747122,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.58992,
        "energy": 51.181342,
        "activity_lines": [
          20.358667,
          19.944,
          18.557857,
          17.581677
        ]
      },
      {
        "date": "2025-09-19",
        "close": 19.389999,
        "volume": 11852033,
        "typical_volume": 16107720.55,
        "trend": 16.603667,
        "fair_value": 14.381458,
        "relative_strength": 1.993356,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.774861,
        "energy": 33.60457,
        "activity_lines": [
          19.89,
          19.963818,
          18.740476,
          17.771656
        ]
      },
      {
        "date": "2025-09-26",
        "close": 19.02,
        "volume": 12712885,
        "typical_volume": 16292729.6,
        "trend": 16.763,
        "fair_value": 14.41241,
        "relative_strength": -1.164077,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.489155,
        "energy": 25.643155,
        "activity_lines": [
          19.484667,
          19.871455,
          18.866429,
          17.927548
        ]
      },
      {
        "date": "2025-10-03",
        "close": 19.629999,
        "volume": 4107508,
        "typical_volume": 16077263.2,
        "trend": 16.927667,
        "fair_value": 14.446889,
        "relative_strength": -0.555838,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.741403,
        "energy": 22.922041,
        "activity_lines": [
          19.477333,
          19.855636,
          19.033381,
          18.112516
        ]
      },
      {
        "date": "2025-10-10",
        "close": 18.99,
        "volume": 4775070,
        "typical_volume": 15763885.25,
        "trend": 17.061,
        "fair_value": 14.48319,
        "relative_strength": -2.70776,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.706055,
        "energy": 18.72252,
        "activity_lines": [
          19.29,
          19.694,
          19.119714,
          18.24557
        ]
      },
      {
        "date": "2025-10-17",
        "close": 18.42,
        "volume": 9992537,
        "typical_volume": 15872219.25,
        "trend": 17.18,
        "fair_value": 14.518895,
        "relative_strength": -0.572176,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.869353,
        "energy": 17.00868,
        "activity_lines": [
          18.958666,
          19.400182,
          19.135,
          18.333247
        ]
      },
      {
        "date": "2025-10-24",
        "close": 19.780001,
        "volume": 9138603,
        "typical_volume": 15973924.35,
        "trend": 17.363333,
        "fair_value": 14.567205,
        "relative_strength": 1.89243,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.216553,
        "energy": 17.597482,
        "activity_lines": [
          19.188667,
          19.370545,
          19.266,
          18.500989
        ]
      },
      {
        "date": "2025-10-31",
        "close": 20.299999,
        "volume": 14794563,
        "typical_volume": 16057042.7,
        "trend": 17.543333,
        "fair_value": 14.615598,
        "relative_strength": 3.652647,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.743109,
        "energy": 24.967466,
        "activity_lines": [
          19.566,
          19.479273,
          19.429238,
          18.690452
        ]
      },
      {
        "date": "2025-11-07",
        "close": 21.290001,
        "volume": 13856685,
        "typical_volume": 16318356.2,
        "trend": 17.804,
        "fair_value": 14.668108,
        "relative_strength": 8.158324,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.576678,
        "energy": 36.756058,
        "activity_lines": [
          20.188,
          19.797818,
          19.664619,
          18.932172
        ]
      },
      {
        "date": "2025-11-14",
        "close": 21.379999,
        "volume": 9695009,
        "typical_volume": 16279807.1,
        "trend": 18.056333,
        "fair_value": 14.725145,
        "relative_strength": 9.798482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.376031,
        "energy": 63.659565,
        "activity_lines": [
          20.729333,
          20.111636,
          19.878428,
          19.162882
        ]
      },
      {
        "date": "2025-11-21",
        "close": 18.790001,
        "volume": 11759975,
        "typical_volume": 16301693.55,
        "trend": 18.214667,
        "fair_value": 14.760483,
        "relative_strength": 1.563574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.534687,
        "energy": 40.741344,
        "activity_lines": [
          20.248,
          19.923636,
          19.822,
          19.210215
        ]
      },
      {
        "date": "2025-11-28",
        "close": 19.74,
        "volume": 14300838,
        "typical_volume": 16430037.85,
        "trend": 18.376333,
        "fair_value": 14.801273,
        "relative_strength": 2.952021,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.702774,
        "energy": 30.702316,
        "activity_lines": [
          20.058667,
          19.931091,
          19.84581,
          19.308624
        ]
      },
      {
        "date": "2025-12-05",
        "close": 18.969999,
        "volume": 9404730,
        "typical_volume": 16479399.35,
        "trend": 18.494333,
        "fair_value": 14.835918,
        "relative_strength": -2.309096,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.215215,
        "energy": 11.101451,
        "activity_lines": [
          19.615333,
          19.792182,
          19.782857,
          19.346925
        ]
      },
      {
        "date": "2025-12-12",
        "close": 17.24,
        "volume": 11355788,
        "typical_volume": 14887919.25,
        "trend": 18.552333,
        "fair_value": 14.861065,
        "relative_strength": -11.781173,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -11.926037,
        "energy": 21.498328,
        "activity_lines": [
          18.684,
          19.339636,
          19.546381,
          19.266
        ]
      },
      {
        "date": "2025-12-19",
        "close": 18.0,
        "volume": 10243450,
        "typical_volume": 14202884.75,
        "trend": 18.636667,
        "fair_value": 14.888854,
        "relative_strength": -7.062397,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.514602,
        "energy": 30.979241,
        "activity_lines": [
          18.276,
          19.068727,
          19.385952,
          19.230366
        ]
      },
      {
        "date": "2025-12-26",
        "close": 17.85,
        "volume": 10570333,
        "typical_volume": 13558476.95,
        "trend": 18.714333,
        "fair_value": 14.895932,
        "relative_strength": -11.01057,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.873525,
        "energy": 44.200637,
        "activity_lines": [
          18.043333,
          18.788545,
          19.208476,
          19.179613
        ]
      },
      {
        "date": "2026-01-02",
        "close": 17.860001,
        "volume": 6073270,
        "typical_volume": 11464257.4,
        "trend": 18.771333,
        "fair_value": 14.916581,
        "relative_strength": -10.513338,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.126887,
        "energy": 52.790081,
        "activity_lines": [
          17.876667,
          18.520546,
          19.039095,
          19.124495
        ]
      },
      {
        "date": "2026-01-09",
        "close": 18.450001,
        "volume": 13089064,
        "typical_volume": 11064779.35,
        "trend": 18.864667,
        "fair_value": 14.948338,
        "relative_strength": -11.46635,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.748049,
        "energy": 36.755481,
        "activity_lines": [
          18.032001,
          18.394728,
          18.946524,
          19.103764
        ]
      },
      {
        "date": "2026-01-16",
        "close": 18.92,
        "volume": 11998722,
        "typical_volume": 10826110.05,
        "trend": 18.996667,
        "fair_value": 14.987758,
        "relative_strength": -10.243543,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.833794,
        "energy": 19.734081,
        "activity_lines": [
          18.378667,
          18.388,
          18.915333,
          19.107333
        ]
      },
      {
        "date": "2026-01-23",
        "close": 21.0,
        "volume": 12279633,
        "typical_volume": 10791916.0,
        "trend": 19.149,
        "fair_value": 15.038027,
        "relative_strength": -1.661695,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.486046,
        "energy": 17.051014,
        "activity_lines": [
          19.306667,
          18.802546,
          19.088,
          19.236581
        ]
      },
      {
        "date": "2026-01-30",
        "close": 21.07,
        "volume": 13850294,
        "typical_volume": 10792549.5,
        "trend": 19.296667,
        "fair_value": 15.090464,
        "relative_strength": 0.08172,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.387839,
        "energy": 30.241099,
        "activity_lines": [
          20.058,
          19.236727,
          19.261048,
          19.360516
        ]
      },
      {
        "date": "2026-02-06",
        "close": 21.200001,
        "volume": 16069752,
        "typical_volume": 11003435.45,
        "trend": 19.439333,
        "fair_value": 15.140359,
        "relative_strength": 2.580678,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 55.915847,
        "energy": 50.828333,
        "activity_lines": [
          20.638,
          19.653091,
          19.441572,
          19.483312
        ]
      },
      {
        "date": "2026-02-13",
        "close": 21.85,
        "volume": 11689601,
        "typical_volume": 10952271.25,
        "trend": 19.596667,
        "fair_value": 15.19098,
        "relative_strength": 3.912764,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.789087,
        "energy": 72.299647,
        "activity_lines": [
          21.212,
          20.161091,
          19.675381,
          19.638839
        ]
      },
      {
        "date": "2026-02-27",
        "close": 22.41,
        "volume": 8533879,
        "typical_volume": 11173589.8,
        "trend": 19.743333,
        "fair_value": 15.241751,
        "relative_strength": 3.387027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.701757,
        "energy": 80.979677,
        "activity_lines": [
          21.746,
          20.718546,
          19.949048,
          19.820344
        ]
      },
      {
        "date": "2026-03-06",
        "close": 22.950001,
        "volume": 15404863,
        "typical_volume": 11705079.45,
        "trend": 19.927667,
        "fair_value": 15.297767,
        "relative_strength": 7.902408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.073816,
        "energy": 82.817677,
        "activity_lines": [
          22.227334,
          21.280182,
          20.260905,
          20.027226
        ]
      },
      {
        "date": "2026-03-13",
        "close": 21.76,
        "volume": 16047933,
        "typical_volume": 12007849.25,
        "trend": 20.008,
        "fair_value": 15.344562,
        "relative_strength": 1.313235,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.955024,
        "energy": 73.543028,
        "activity_lines": [
          22.182,
          21.535455,
          20.440572,
          20.145441
        ]
      },
      {
        "date": "2026-03-20",
        "close": 19.91,
        "volume": 10232716,
        "typical_volume": 12062554.9,
        "trend": 19.932,
        "fair_value": 15.379371,
        "relative_strength": -4.614578,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.512558,
        "energy": 40.681579,
        "activity_lines": [
          21.474,
          21.383273,
          20.428143,
          20.139118
        ]
      },
      {
        "date": "2026-03-27",
        "close": 19.809999,
        "volume": 17372375,
        "typical_volume": 12191445.5,
        "trend": 19.861,
        "fair_value": 15.413284,
        "relative_strength": -4.425009,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 31.780206,
        "energy": 19.096647,
        "activity_lines": [
          20.818666,
          21.175636,
          20.405572,
          20.131247
        ]
      },
      {
        "date": "2026-04-03",
        "close": 18.280001,
        "volume": 13342787,
        "typical_volume": 12165750.6,
        "trend": 19.799333,
        "fair_value": 15.440893,
        "relative_strength": -9.141743,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.59559,
        "energy": 24.751706,
        "activity_lines": [
          19.789333,
          20.665091,
          20.239619,
          20.029247
        ]
      },
      {
        "date": "2026-04-10",
        "close": 19.4,
        "volume": 10235012,
        "typical_volume": 12192750.75,
        "trend": 19.79,
        "fair_value": 15.471413,
        "relative_strength": -9.926925,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -5.379825,
        "energy": 23.6255,
        "activity_lines": [
          19.408667,
          20.369818,
          20.194667,
          20.003484
        ]
      },
      {
        "date": "2026-04-17",
        "close": 19.68,
        "volume": 10650176,
        "typical_volume": 12137260.8,
        "trend": 19.778,
        "fair_value": 15.504875,
        "relative_strength": -12.108904,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.987012,
        "energy": 24.755062,
        "activity_lines": [
          19.358,
          20.154546,
          20.18581,
          19.996387
        ]
      },
      {
        "date": "2026-04-24",
        "close": 19.82,
        "volume": 9128069,
        "typical_volume": 11878622.35,
        "trend": 19.792333,
        "fair_value": 15.54414,
        "relative_strength": -11.712627,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.799441,
        "energy": 20.809824,
        "activity_lines": [
          19.492667,
          19.99,
          20.186048,
          19.999097
        ]
      },
      {
        "date": "2026-05-01",
        "close": 19.790001,
        "volume": 19444445,
        "typical_volume": 12380608.1,
        "trend": 19.818,
        "fair_value": 15.584486,
        "relative_strength": -12.703969,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -10.099302,
        "energy": 11.322572,
        "activity_lines": [
          19.623334,
          19.845091,
          20.183048,
          19.998946
        ]
      },
      {
        "date": "2026-05-08",
        "close": 19.35,
        "volume": 12165017,
        "typical_volume": 12421069.55,
        "trend": 19.808667,
        "fair_value": 15.628829,
        "relative_strength": -16.869189,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -13.479038,
        "energy": 10.262777,
        "activity_lines": [
          19.608667,
          19.657637,
          20.134238,
          19.968753
        ]
      },
      {
        "date": "2026-05-15",
        "close": 17.98,
        "volume": 13287969,
        "typical_volume": 12573295.5,
        "trend": 19.775,
        "fair_value": 15.66165,
        "relative_strength": -22.375309,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -28.782589,
        "energy": 22.651148,
        "activity_lines": [
          19.066,
          19.276727,
          19.944905,
          19.850774
        ]
      },
      {
        "date": "2026-05-22",
        "close": 18.120001,
        "volume": 12690242,
        "typical_volume": 12679290.95,
        "trend": 19.765,
        "fair_value": 15.693202,
        "relative_strength": -21.585452,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -34.058941,
        "energy": 37.377396,
        "activity_lines": [
          18.664667,
          19.011637,
          19.769,
          19.744
        ]
      },
      {
        "date": "2026-05-29",
        "close": 16.360001,
        "volume": 13350841,
        "typical_volume": 13043169.5,
        "trend": 19.651,
        "fair_value": 15.713218,
        "relative_strength": -28.659955,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.525556,
        "energy": 69.006475,
        "activity_lines": [
          17.780667,
          18.492728,
          19.424191,
          19.524323
        ]
      },
      {
        "date": "2026-06-05",
        "close": 15.75891,
        "volume": 3241972,
        "typical_volume": 12550814.9,
        "trend": 19.499631,
        "fair_value": 15.726195,
        "relative_strength": -29.637652,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.803788,
        "energy": 80.067255,
        "activity_lines": [
          16.92697,
          17.929075,
          19.029277,
          19.27322
        ]
      },
      {
        "date": "2026-06-12",
        "close": 15.143639,
        "volume": 1935192,
        "typical_volume": 12047638.4,
        "trend": 19.294752,
        "fair_value": 15.733699,
        "relative_strength": -30.271266,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.850563,
        "energy": 84.933119,
        "activity_lines": [
          16.136923,
          17.327211,
          18.588582,
          18.992189
        ]
      },
      {
        "date": "2026-06-19",
        "close": 14.439053,
        "volume": 8491307,
        "typical_volume": 11858222.1,
        "trend": 19.063387,
        "fair_value": 15.736241,
        "relative_strength": -37.406653,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.860189,
        "energy": 89.652546,
        "activity_lines": [
          15.392437,
          16.654265,
          18.098765,
          18.678918
        ]
      },
      {
        "date": "2026-06-26",
        "close": 13.595533,
        "volume": 2553237,
        "typical_volume": 11293369.25,
        "trend": 18.890238,
        "fair_value": 15.735988,
        "relative_strength": -39.624002,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.690664,
        "energy": 92.77088,
        "activity_lines": [
          14.602841,
          15.918151,
          17.559856,
          18.326153
        ]
      },
      {
        "date": "2026-07-03",
        "close": 14.339814,
        "volume": 2470100,
        "typical_volume": 10613386.65,
        "trend": 18.710232,
        "fair_value": 15.737638,
        "relative_strength": -34.983,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.443934,
        "energy": 87.522958,
        "activity_lines": [
          14.36297,
          15.427987,
          17.127423,
          18.032577
        ]
      },
      {
        "date": "2026-07-10",
        "close": 13.7,
        "volume": 9989044,
        "typical_volume": 10528358.8,
        "trend": 18.534565,
        "fair_value": 15.737163,
        "relative_strength": -35.015202,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.840902,
        "energy": 88.554746,
        "activity_lines": [
          14.044507,
          14.921134,
          16.666723,
          17.709336
        ]
      },
      {
        "date": "2026-07-17",
        "close": 13.25,
        "volume": 10121841,
        "typical_volume": 10607756.9,
        "trend": 18.401565,
        "fair_value": 15.729343,
        "relative_strength": -30.418834,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.588561,
        "energy": 86.26225,
        "activity_lines": [
          13.713304,
          14.443189,
          16.201976,
          17.368397
        ]
      },
      {
        "date": "2026-07-24",
        "close": 12.42,
        "volume": 13877673,
        "typical_volume": 10531397.4,
        "trend": 18.215565,
        "fair_value": 15.714419,
        "relative_strength": -34.492887,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.919728,
        "energy": 75.13129,
        "activity_lines": [
          13.231677,
          13.925245,
          15.7018,
          16.982489
        ]
      },
      {
        "date": "2026-07-31",
        "close": 13.49,
        "volume": 9304569,
        "typical_volume": 10194229.2,
        "trend": 18.070232,
        "fair_value": 15.705334,
        "relative_strength": -27.19384,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.773369,
        "energy": 64.934718,
        "activity_lines": [
          13.241321,
          13.702936,
          15.353672,
          16.677614
        ]
      },
      {
        "date": "2026-08-07",
        "close": 14.55,
        "volume": 12979435,
        "typical_volume": 10331565.15,
        "trend": 17.959899,
        "fair_value": 15.703555,
        "relative_strength": -24.88855,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.604796,
        "energy": 58.454527,
        "activity_lines": [
          13.611333,
          13.757537,
          15.145877,
          16.450502
        ]
      }
    ],
    "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."
    }
  }
}