{
  "ticker": {
    "uuid": "d8bb09c1-19e9-4c22-8c02-58465b4d4c55",
    "symbol": "301509",
    "name": "Kingchem (Liaoning) Life Science Co., Ltd.",
    "exchange": "SHZ",
    "country": "CN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "399001.SZ",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -44.123,
    "architecture_energy": 33.712,
    "architecture_maturity": 57.07,
    "architecture_confidence": 61.041,
    "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": 36.01,
        "rotation_up": 26.23,
        "upward_expansion": 16.38,
        "deceleration": 65.41,
        "rotation_down": 36.47,
        "downward_expansion": 64.05
      },
      "activity_lines": [
        29.031333,
        28.817091,
        30.082856,
        32.009987
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 31.34,
    "trend_reference": 34.079276,
    "distance_from_trend": -0.08038,
    "trend_direction": "Weakening",
    "fair_value": 35.4953,
    "distance_from_fair_value": -0.117066,
    "fair_value_direction": "Weakening",
    "relative_strength": -13.150627,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.110871,
    "excess_performance": -0.118271,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.08038,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.053328,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.117066,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.065679,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.131506,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.108273,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.110871,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.780493,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 19813188,
      "relative_activity": 1.001068,
      "balance": 0.780493,
      "dry_up": 0.91913,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.094435,
      "annualized_volatility": 0.49943,
      "from_high_reference": -0.335166,
      "from_low_reference": 0.199847
    },
    "levels": {
      "trend_reference": 34.079276,
      "fair_value_reference": 35.4953,
      "structural_low": 26.120001,
      "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": 6,
        "median_return": 0.049148,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.05255,
        "regime_survival": 0.666667,
        "best_return": 0.144938,
        "worst_return": 0.006054,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.262435,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.258418,
        "regime_survival": 0.0,
        "best_return": 0.388574,
        "worst_return": 0.136296,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.253607,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.131119,
        "regime_survival": 0.5,
        "best_return": 0.68409,
        "worst_return": -0.176875,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.499774,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.181003,
        "regime_survival": 0.0,
        "best_return": 0.499774,
        "worst_return": 0.499774,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-21",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": 0.022701,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-04",
        "end": "2025-04-25",
        "tenure": "New",
        "return": 0.103275,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-02",
        "end": "2025-05-23",
        "tenure": "New",
        "return": 0.226195,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-30",
        "end": "2025-09-26",
        "tenure": "Established",
        "return": -0.047018,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-03",
        "end": "2025-11-28",
        "tenure": "Developing",
        "return": -0.072089,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-05",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": 0.160752,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-01-30",
        "end": "2026-03-13",
        "tenure": "Developing",
        "return": 0.048431,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-20",
        "end": "2026-03-27",
        "tenure": "New",
        "return": 0.073158,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-03",
        "end": "2026-05-15",
        "tenure": "Developing",
        "return": -0.208888,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-05-22",
        "end": "2026-06-05",
        "tenure": "New",
        "return": -0.12873,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-12",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.170713,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-04",
        "close": 42.95496,
        "volume": 35670441,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-11",
        "close": 65.50798,
        "volume": 87112722,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-18",
        "close": 60.4865,
        "volume": 60850160,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 49.206615,
        "volume": 35658092,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 51.357727,
        "volume": 38264480,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 50.093952,
        "volume": 17987321,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 57.837944,
        "volume": 44933860,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 59.962166,
        "volume": 47065134,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 58.463112,
        "volume": 41972602,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 59.310108,
        "volume": 39704343,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 49.408283,
        "volume": 38977172,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 50.167892,
        "volume": 23769200,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 51.962727,
        "volume": 24554538,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 51.660229,
        "volume": 27319853,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 50.55106,
        "volume": 13856025,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 49.26712,
        "volume": 14349709,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 47.458843,
        "volume": 9079984,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 44.568287,
        "volume": 9967414,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 43.694405,
        "volume": 11906626,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 41.765121,
        "volume": 6561314,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 42.444069,
        "volume": 5426309,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 41.792015,
        "volume": 6425931,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 43.022182,
        "volume": 10810758,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 37.375523,
        "volume": 9491848,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 34.632854,
        "volume": 9903518,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 35.621021,
        "volume": 32493997,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 37.906578,
        "volume": 30462518,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 45.267403,
        "volume": 47986177,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 44.0574,
        "volume": 34158694,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 43.304512,
        "volume": 25461139,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 43.42551,
        "volume": 27843181,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 41.395405,
        "volume": 16867735,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 39.775352,
        "volume": 10469703,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 41.724792,
        "volume": 9105577,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 38.249405,
        "volume": 8445161,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 36.266354,
        "volume": 8289828,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 35.479855,
        "volume": 13059025,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 36.683132,
        "volume": 4363104,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 37.888828,
        "volume": 14958878,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 35.88306,
        "volume": 9759013,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 34.913769,
        "volume": 11592782,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 35.556767,
        "volume": 6662847,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 31.055788,
        "volume": 8661257,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 31.449263,
        "volume": 5745157,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 38.944496,
        "volume": 19604351,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 34.913769,
        "volume": 36079527,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 31.69878,
        "volume": 17787156,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 31.017399,
        "volume": 12509621,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 30.489567,
        "volume": 10556796,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 28.906065,
        "volume": 7306973,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 31.334099,
        "volume": 14079947,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 29.232361,
        "volume": 28847517,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 28.090324,
        "volume": 13062733,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 25.06728,
        "volume": 8437133,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 25.364786,
        "volume": 8275283,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 24.683399,
        "volume": 7564423,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 24.155567,
        "volume": 6141460,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 23.589346,
        "volume": 3522096,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 28.291859,
        "volume": 24463687,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 32.293797,
        "volume": 8184475,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 28.646948,
        "volume": 21800304,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 31.238127,
        "volume": 18298917,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 31.81395,
        "volume": 20659129,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 28.301456,
        "volume": 12865868,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 30.364803,
        "volume": 10963779,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 29.625839,
        "volume": 13809589,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 28.714127,
        "volume": 11672814,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 27.629669,
        "volume": 11350658,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 27.81201,
        "volume": 9040397,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 29.040422,
        "volume": 22157523,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 27.101837,
        "volume": 8950303,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 25.835035,
        "volume": 6559435,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 23.771688,
        "volume": 5065524,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 23.387812,
        "volume": 8795930,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 23.982822,
        "volume": 6385500,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 23.387812,
        "volume": 6142641,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 23.387812,
        "volume": 1234840,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 24.673801,
        "volume": 4976892,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 25.729469,
        "volume": 12518766,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 25.364786,
        "volume": 14478984,
        "typical_volume": 11386389.65,
        "trend": 27.063768,
        "fair_value": 37.109237,
        "relative_strength": -29.177507,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.211175,
        "energy": 28.054052,
        "activity_lines": [
          24.928443,
          24.549043,
          25.754879,
          26.432814
        ]
      },
      {
        "date": "2025-02-28",
        "close": 24.270731,
        "volume": 10104477,
        "typical_volume": 10801598.3,
        "trend": 26.828323,
        "fair_value": 36.950737,
        "relative_strength": -28.803541,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.440039,
        "energy": 25.586089,
        "activity_lines": [
          24.849108,
          24.477851,
          25.495852,
          26.252618
        ]
      },
      {
        "date": "2025-03-07",
        "close": 24.577833,
        "volume": 9090285,
        "typical_volume": 10341166.7,
        "trend": 26.673172,
        "fair_value": 36.799848,
        "relative_strength": -28.439426,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.556388,
        "energy": 23.581485,
        "activity_lines": [
          24.813279,
          24.51397,
          25.286913,
          26.107425
        ]
      },
      {
        "date": "2025-03-14",
        "close": 26.823524,
        "volume": 21154874,
        "typical_volume": 10365953.95,
        "trend": 26.630945,
        "fair_value": 36.679652,
        "relative_strength": -21.874332,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.724808,
        "energy": 14.970338,
        "activity_lines": [
          25.446679,
          24.981255,
          25.323564,
          26.117125
        ]
      },
      {
        "date": "2025-03-21",
        "close": 25.518335,
        "volume": 11662524,
        "typical_volume": 10305786.75,
        "trend": 26.64598,
        "fair_value": 36.546779,
        "relative_strength": -22.732158,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.924164,
        "energy": 16.820923,
        "activity_lines": [
          25.501701,
          25.155745,
          25.259675,
          26.045344
        ]
      },
      {
        "date": "2025-03-28",
        "close": 25.940603,
        "volume": 12008120,
        "typical_volume": 10358003.8,
        "trend": 26.665174,
        "fair_value": 36.422,
        "relative_strength": -19.970268,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.171769,
        "energy": 15.552645,
        "activity_lines": [
          25.711555,
          25.368275,
          25.249256,
          25.999836
        ]
      },
      {
        "date": "2025-04-04",
        "close": 26.669971,
        "volume": 24316463,
        "typical_volume": 10883347.5,
        "trend": 26.731393,
        "fair_value": 36.308604,
        "relative_strength": -14.838406,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.406096,
        "energy": 15.046871,
        "activity_lines": [
          26.126144,
          25.67782,
          25.329367,
          26.000145
        ]
      },
      {
        "date": "2025-04-11",
        "close": 23.858061,
        "volume": 19855063,
        "typical_volume": 11292459.95,
        "trend": 26.721476,
        "fair_value": 36.165495,
        "relative_strength": -18.813383,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.952288,
        "energy": 14.301739,
        "activity_lines": [
          25.443479,
          25.416434,
          25.155754,
          25.814769
        ]
      },
      {
        "date": "2025-04-18",
        "close": 27.524103,
        "volume": 21434907,
        "typical_volume": 11796672.4,
        "trend": 26.852635,
        "fair_value": 36.067297,
        "relative_strength": -5.164788,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.858012,
        "energy": 7.77644,
        "activity_lines": [
          26.030814,
          25.81305,
          25.354411,
          25.866551
        ]
      },
      {
        "date": "2025-04-25",
        "close": 29.424301,
        "volume": 52844018,
        "typical_volume": 13986853.45,
        "trend": 26.890383,
        "fair_value": 35.992657,
        "relative_strength": 0.507479,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.938273,
        "energy": 28.574721,
        "activity_lines": [
          27.204843,
          26.503334,
          25.734542,
          26.032465
        ]
      },
      {
        "date": "2025-05-02",
        "close": 28.723722,
        "volume": 28909000,
        "typical_volume": 14324427.3,
        "trend": 26.77138,
        "fair_value": 35.911891,
        "relative_strength": -1.118962,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 23.864921,
        "energy": 32.008506,
        "activity_lines": [
          27.884948,
          26.999061,
          26.040274,
          26.150745
        ]
      },
      {
        "date": "2025-05-09",
        "close": 34.174801,
        "volume": 57559612,
        "typical_volume": 16754892.75,
        "trend": 26.955642,
        "fair_value": 35.892802,
        "relative_strength": 15.401484,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 56.95473,
        "energy": 66.996038,
        "activity_lines": [
          30.196538,
          28.424821,
          26.866664,
          26.628385
        ]
      },
      {
        "date": "2025-05-16",
        "close": 31.69878,
        "volume": 41693703,
        "typical_volume": 18511606.15,
        "trend": 26.970997,
        "fair_value": 35.847215,
        "relative_strength": 6.894516,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.725345,
        "energy": 63.255769,
        "activity_lines": [
          31.182465,
          29.220322,
          27.423562,
          26.934394
        ]
      },
      {
        "date": "2025-05-23",
        "close": 35.220871,
        "volume": 52264264,
        "typical_volume": 20871543.15,
        "trend": 27.084561,
        "fair_value": 35.84048,
        "relative_strength": 19.505105,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 79.926223,
        "energy": 79.577334,
        "activity_lines": [
          32.819708,
          30.526731,
          28.287975,
          27.466644
        ]
      },
      {
        "date": "2025-05-30",
        "close": 36.101536,
        "volume": 54664003,
        "typical_volume": 23164946.8,
        "trend": 27.344564,
        "fair_value": 35.843257,
        "relative_strength": 23.777795,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.751391,
        "energy": 79.691872,
        "activity_lines": [
          34.237389,
          31.840582,
          29.181741,
          28.048385
        ]
      },
      {
        "date": "2025-06-06",
        "close": 33.987045,
        "volume": 43312507,
        "typical_volume": 25011297.15,
        "trend": 27.465305,
        "fair_value": 35.823718,
        "relative_strength": 14.904586,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.106891,
        "energy": 60.689254,
        "activity_lines": [
          34.50509,
          32.577559,
          29.813584,
          28.476932
        ]
      },
      {
        "date": "2025-06-13",
        "close": 36.43132,
        "volume": 51676430,
        "typical_volume": 27287986.6,
        "trend": 27.692155,
        "fair_value": 35.830047,
        "relative_strength": 23.753768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.7825,
        "energy": 54.53325,
        "activity_lines": [
          35.236661,
          33.61265,
          30.630577,
          29.055384
        ]
      },
      {
        "date": "2025-06-20",
        "close": 33.64756,
        "volume": 27560559,
        "typical_volume": 28604272.55,
        "trend": 27.856602,
        "fair_value": 35.807547,
        "relative_strength": 16.353049,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.93841,
        "energy": 43.886752,
        "activity_lines": [
          34.889877,
          33.964124,
          31.120338,
          29.439604
        ]
      },
      {
        "date": "2025-06-27",
        "close": 34.21983,
        "volume": 18166633,
        "typical_volume": 29263759.6,
        "trend": 28.076274,
        "fair_value": 35.791346,
        "relative_strength": 14.567538,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.224694,
        "energy": 37.783135,
        "activity_lines": [
          34.603932,
          34.241656,
          31.615745,
          29.850135
        ]
      },
      {
        "date": "2025-07-04",
        "close": 36.615608,
        "volume": 28464676,
        "typical_volume": 30061055.1,
        "trend": 28.369728,
        "fair_value": 35.799672,
        "relative_strength": 21.200102,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.049882,
        "energy": 40.464777,
        "activity_lines": [
          35.183315,
          34.833043,
          32.293864,
          30.40106
        ]
      },
      {
        "date": "2025-07-11",
        "close": 38.7883,
        "volume": 36343679,
        "typical_volume": 31154289.85,
        "trend": 28.694657,
        "fair_value": 35.829558,
        "relative_strength": 26.039212,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.288406,
        "energy": 44.400814,
        "activity_lines": [
          36.452657,
          35.688714,
          33.127067,
          31.073226
        ]
      },
      {
        "date": "2025-07-18",
        "close": 37.789246,
        "volume": 31453735,
        "typical_volume": 32221752.75,
        "trend": 29.050904,
        "fair_value": 35.848961,
        "relative_strength": 20.31253,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.52293,
        "energy": 48.512344,
        "activity_lines": [
          37.068898,
          36.179747,
          33.801201,
          31.659973
        ]
      },
      {
        "date": "2025-07-25",
        "close": 36.906593,
        "volume": 30470107,
        "typical_volume": 33290743.85,
        "trend": 29.419956,
        "fair_value": 35.85933,
        "relative_strength": 14.871065,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.95097,
        "energy": 52.833471,
        "activity_lines": [
          37.300393,
          36.444581,
          34.326899,
          32.166792
        ]
      },
      {
        "date": "2025-08-01",
        "close": 38.526413,
        "volume": 32899270,
        "typical_volume": 33877963.65,
        "trend": 29.91178,
        "fair_value": 35.885224,
        "relative_strength": 21.970702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.506575,
        "energy": 53.412713,
        "activity_lines": [
          37.854559,
          36.909239,
          34.948157,
          32.754305
        ]
      },
      {
        "date": "2025-08-08",
        "close": 37.275173,
        "volume": 33794330,
        "typical_volume": 34984553.95,
        "trend": 30.374692,
        "fair_value": 35.898589,
        "relative_strength": 16.656905,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.99182,
        "energy": 40.500349,
        "activity_lines": [
          37.704539,
          37.086299,
          35.394521,
          33.229363
        ]
      },
      {
        "date": "2025-08-15",
        "close": 36.576809,
        "volume": 26824914,
        "typical_volume": 35725393.65,
        "trend": 30.794492,
        "fair_value": 35.905048,
        "relative_strength": 9.654718,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.282854,
        "energy": 35.000718,
        "activity_lines": [
          37.277761,
          37.115044,
          35.718389,
          33.629499
        ]
      },
      {
        "date": "2025-08-22",
        "close": 42.716595,
        "volume": 58583354,
        "typical_volume": 37438738.2,
        "trend": 31.438784,
        "fair_value": 35.969308,
        "relative_strength": 22.10148,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.144254,
        "energy": 48.039263,
        "activity_lines": [
          39.04501,
          38.213028,
          36.57635,
          34.398667
        ]
      },
      {
        "date": "2025-08-29",
        "close": 38.633106,
        "volume": 35556645,
        "typical_volume": 38223817.3,
        "trend": 31.946961,
        "fair_value": 35.994203,
        "relative_strength": 5.815262,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.976788,
        "energy": 39.122613,
        "activity_lines": [
          39.122606,
          38.454281,
          36.968995,
          34.862817
        ]
      },
      {
        "date": "2025-09-05",
        "close": 38.206326,
        "volume": 22513841,
        "typical_volume": 38277764.0,
        "trend": 32.398045,
        "fair_value": 36.014686,
        "relative_strength": 5.52484,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.218342,
        "energy": 37.795609,
        "activity_lines": [
          38.942842,
          38.527292,
          37.250637,
          35.266647
        ]
      },
      {
        "date": "2025-09-12",
        "close": 37.042385,
        "volume": 18193779,
        "typical_volume": 36545252.05,
        "trend": 32.775142,
        "fair_value": 36.024114,
        "relative_strength": -0.224101,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.435733,
        "energy": 35.049011,
        "activity_lines": [
          38.396436,
          38.316195,
          37.37056,
          35.566282
        ]
      },
      {
        "date": "2025-09-19",
        "close": 35.888145,
        "volume": 15595670,
        "typical_volume": 35879585.55,
        "trend": 33.125921,
        "fair_value": 36.022878,
        "relative_strength": -4.3058,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 33.87299,
        "energy": 17.463818,
        "activity_lines": [
          37.480803,
          37.887477,
          37.344278,
          35.767121
        ]
      },
      {
        "date": "2025-09-26",
        "close": 34.404125,
        "volume": 11661721,
        "typical_volume": 33584691.0,
        "trend": 33.463701,
        "fair_value": 36.008295,
        "relative_strength": -8.99729,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 15.877152,
        "energy": 14.924352,
        "activity_lines": [
          36.116408,
          37.241667,
          37.142545,
          35.849586
        ]
      },
      {
        "date": "2025-10-03",
        "close": 35.655357,
        "volume": 4214277,
        "typical_volume": 31710719.7,
        "trend": 33.832951,
        "fair_value": 36.005144,
        "relative_strength": -7.633999,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.64761,
        "energy": 15.231152,
        "activity_lines": [
          35.723254,
          36.884902,
          37.058885,
          35.990983
        ]
      },
      {
        "date": "2025-10-10",
        "close": 35.616562,
        "volume": 3980259,
        "typical_volume": 29296519.45,
        "trend": 34.126053,
        "fair_value": 36.001705,
        "relative_strength": -6.438682,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.141155,
        "energy": 16.091763,
        "activity_lines": [
          35.515686,
          36.543833,
          36.952689,
          36.106054
        ]
      },
      {
        "date": "2025-10-17",
        "close": 34.122837,
        "volume": 9053253,
        "typical_volume": 27015981.95,
        "trend": 34.412869,
        "fair_value": 35.985224,
        "relative_strength": -5.445946,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.599156,
        "energy": 15.004197,
        "activity_lines": [
          34.98286,
          35.984083,
          36.70235,
          36.105847
        ]
      },
      {
        "date": "2025-10-24",
        "close": 35.354675,
        "volume": 8205284,
        "typical_volume": 25260620.8,
        "trend": 34.726672,
        "fair_value": 35.979741,
        "relative_strength": -6.244923,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.545931,
        "energy": 16.969056,
        "activity_lines": [
          35.055283,
          35.70562,
          36.578751,
          36.166609
        ]
      },
      {
        "date": "2025-10-31",
        "close": 37.58556,
        "volume": 19901437,
        "typical_volume": 23671871.15,
        "trend": 35.090525,
        "fair_value": 35.993584,
        "relative_strength": -1.061066,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 26.759912,
        "energy": 13.697897,
        "activity_lines": [
          35.906899,
          35.854992,
          36.661104,
          36.351053
        ]
      },
      {
        "date": "2025-11-07",
        "close": 36.673805,
        "volume": 13276912,
        "typical_volume": 22957688.8,
        "trend": 35.517716,
        "fair_value": 35.999398,
        "relative_strength": -3.657476,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.57548,
        "energy": 11.156694,
        "activity_lines": [
          36.242502,
          35.931882,
          36.651128,
          36.4532
        ]
      },
      {
        "date": "2025-11-14",
        "close": 38.797997,
        "volume": 25495944,
        "typical_volume": 23324154.35,
        "trend": 35.893513,
        "fair_value": 36.023115,
        "relative_strength": 3.247382,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.075085,
        "energy": 26.6063,
        "activity_lines": [
          37.218271,
          36.430613,
          36.829044,
          36.664831
        ]
      },
      {
        "date": "2025-11-21",
        "close": 31.872555,
        "volume": 19805211,
        "typical_volume": 22891181.1,
        "trend": 35.975121,
        "fair_value": 35.988236,
        "relative_strength": -10.469644,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.811846,
        "energy": 12.781424,
        "activity_lines": [
          35.673465,
          35.659415,
          36.325594,
          36.405415
        ]
      },
      {
        "date": "2025-11-28",
        "close": 33.084991,
        "volume": 10110255,
        "typical_volume": 21579509.9,
        "trend": 36.120497,
        "fair_value": 35.964042,
        "relative_strength": -10.222508,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -31.732798,
        "energy": 35.57779,
        "activity_lines": [
          34.682822,
          35.202657,
          35.9602,
          36.218955
        ]
      },
      {
        "date": "2025-12-05",
        "close": 32.522419,
        "volume": 6261078,
        "typical_volume": 20319877.05,
        "trend": 36.065417,
        "fair_value": 35.935599,
        "relative_strength": -12.785961,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.810953,
        "energy": 62.435942,
        "activity_lines": [
          33.655968,
          34.694579,
          35.568386,
          35.98682
        ]
      },
      {
        "date": "2025-12-12",
        "close": 32.357529,
        "volume": 6037252,
        "typical_volume": 19098234.3,
        "trend": 36.087376,
        "fair_value": 35.906271,
        "relative_strength": -13.794379,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.146371,
        "energy": 73.346195,
        "activity_lines": [
          32.911693,
          34.190734,
          35.185949,
          35.747602
        ]
      },
      {
        "date": "2025-12-19",
        "close": 32.881302,
        "volume": 6422011,
        "typical_volume": 17774371.35,
        "trend": 36.00939,
        "fair_value": 35.881677,
        "relative_strength": -11.585532,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.925036,
        "energy": 69.649445,
        "activity_lines": [
          32.629761,
          33.842081,
          34.875057,
          35.540758
        ]
      },
      {
        "date": "2025-12-26",
        "close": 33.181984,
        "volume": 11785238,
        "typical_volume": 16673916.75,
        "trend": 35.912072,
        "fair_value": 35.859906,
        "relative_strength": -13.82727,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.441283,
        "energy": 62.059553,
        "activity_lines": [
          32.842503,
          33.59783,
          34.619683,
          35.358345
        ]
      },
      {
        "date": "2026-01-02",
        "close": 32.764908,
        "volume": 4158487,
        "typical_volume": 15540595.4,
        "trend": 35.871334,
        "fair_value": 35.835146,
        "relative_strength": -14.426224,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.979177,
        "energy": 48.484742,
        "activity_lines": [
          32.828924,
          33.294853,
          34.344078,
          35.155302
        ]
      },
      {
        "date": "2026-01-09",
        "close": 34.927895,
        "volume": 13050395,
        "typical_volume": 13263947.45,
        "trend": 35.82122,
        "fair_value": 35.827945,
        "relative_strength": -12.67296,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.604816,
        "energy": 26.044413,
        "activity_lines": [
          33.557679,
          33.432233,
          34.292625,
          35.094435
        ]
      },
      {
        "date": "2026-01-16",
        "close": 37.275173,
        "volume": 29068296,
        "typical_volume": 12939530.0,
        "trend": 35.94214,
        "fair_value": 35.839341,
        "relative_strength": -8.010542,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -10.914518,
        "energy": 13.023797,
        "activity_lines": [
          34.908496,
          34.044712,
          34.501811,
          35.188239
        ]
      },
      {
        "date": "2026-01-23",
        "close": 37.75045,
        "volume": 24783315,
        "typical_volume": 13053003.7,
        "trend": 36.059827,
        "fair_value": 35.854271,
        "relative_strength": -8.073902,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 14.599057,
        "energy": 21.438141,
        "activity_lines": [
          36.089895,
          34.732671,
          34.762727,
          35.304904
        ]
      },
      {
        "date": "2026-01-30",
        "close": 35.247978,
        "volume": 14738199,
        "typical_volume": 12880224.7,
        "trend": 36.01424,
        "fair_value": 35.849571,
        "relative_strength": -12.860331,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 11.487264,
        "energy": 22.247198,
        "activity_lines": [
          36.112527,
          34.984681,
          34.787484,
          35.252526
        ]
      },
      {
        "date": "2026-02-06",
        "close": 38.186928,
        "volume": 26010430,
        "typical_volume": 13400962.7,
        "trend": 35.994194,
        "fair_value": 35.867551,
        "relative_strength": -3.832058,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 26.211507,
        "energy": 30.256775,
        "activity_lines": [
          36.977076,
          35.709675,
          35.100685,
          35.3927
        ]
      },
      {
        "date": "2026-02-13",
        "close": 38.662205,
        "volume": 21257073,
        "typical_volume": 13880730.3,
        "trend": 36.023293,
        "fair_value": 35.888884,
        "relative_strength": -4.195833,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 29.684734,
        "energy": 44.534809,
        "activity_lines": [
          37.638583,
          36.42832,
          35.448205,
          35.56483
        ]
      },
      {
        "date": "2026-02-27",
        "close": 38.041435,
        "volume": 12999083,
        "typical_volume": 14319970.6,
        "trend": 36.061121,
        "fair_value": 35.905192,
        "relative_strength": -8.496976,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.385094,
        "energy": 47.072866,
        "activity_lines": [
          37.844212,
          36.922466,
          35.716327,
          35.695032
        ]
      },
      {
        "date": "2026-03-06",
        "close": 35.791153,
        "volume": 14013711,
        "typical_volume": 14821643.2,
        "trend": 35.969945,
        "fair_value": 35.904334,
        "relative_strength": -12.091288,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 28.272107,
        "energy": 31.668427,
        "activity_lines": [
          37.248664,
          36.904125,
          35.758774,
          35.677615
        ]
      },
      {
        "date": "2026-03-13",
        "close": 36.95509,
        "volume": 13450519,
        "typical_volume": 15041506.5,
        "trend": 35.959276,
        "fair_value": 35.912176,
        "relative_strength": -10.113147,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.093046,
        "energy": 20.329963,
        "activity_lines": [
          37.171714,
          37.044503,
          35.91124,
          35.741173
        ]
      },
      {
        "date": "2026-03-20",
        "close": 38.051136,
        "volume": 31108370,
        "typical_volume": 16186660.8,
        "trend": 36.00842,
        "fair_value": 35.92802,
        "relative_strength": -4.871176,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 28.885813,
        "energy": 18.343734,
        "activity_lines": [
          37.346305,
          37.31556,
          36.154605,
          35.876132
        ]
      },
      {
        "date": "2026-03-27",
        "close": 40.834888,
        "volume": 49477446,
        "typical_volume": 17665461.25,
        "trend": 35.945697,
        "fair_value": 35.9641,
        "relative_strength": 2.47726,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 68.431855,
        "energy": 36.689138,
        "activity_lines": [
          38.457866,
          37.996641,
          36.65025,
          36.187517
        ]
      },
      {
        "date": "2026-04-03",
        "close": 40.815495,
        "volume": 58418583,
        "typical_volume": 19922544.8,
        "trend": 36.018443,
        "fair_value": 35.999511,
        "relative_strength": 5.127588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.607738,
        "energy": 51.094531,
        "activity_lines": [
          39.418118,
          38.566796,
          37.128574,
          36.501697
        ]
      },
      {
        "date": "2026-04-10",
        "close": 42.154022,
        "volume": 36506319,
        "typical_volume": 20473063.55,
        "trend": 36.150033,
        "fair_value": 36.044109,
        "relative_strength": 1.067767,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.364983,
        "energy": 63.501567,
        "activity_lines": [
          40.639608,
          39.31595,
          37.714654,
          36.897541
        ]
      },
      {
        "date": "2026-04-17",
        "close": 43.191868,
        "volume": 51186593,
        "typical_volume": 22042132.65,
        "trend": 36.355016,
        "fair_value": 36.095532,
        "relative_strength": -0.762158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.036046,
        "energy": 69.089104,
        "activity_lines": [
          41.782855,
          40.173738,
          38.383596,
          37.351853
        ]
      },
      {
        "date": "2026-04-24",
        "close": 40.039532,
        "volume": 25956038,
        "typical_volume": 22834421.8,
        "trend": 36.493395,
        "fair_value": 36.123703,
        "relative_strength": -8.262123,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.713686,
        "energy": 55.774056,
        "activity_lines": [
          41.459538,
          40.31394,
          38.698414,
          37.589564
        ]
      },
      {
        "date": "2026-05-01",
        "close": 33.793056,
        "volume": 18602311,
        "typical_volume": 23451483.45,
        "trend": 36.473026,
        "fair_value": 36.107174,
        "relative_strength": -23.061261,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 19.938321,
        "energy": 15.172353,
        "activity_lines": [
          38.921503,
          39.284735,
          38.385213,
          37.415348
        ]
      },
      {
        "date": "2026-05-08",
        "close": 34.239231,
        "volume": 8227056,
        "typical_volume": 23560973.65,
        "trend": 36.425822,
        "fair_value": 36.094019,
        "relative_strength": -23.977889,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 9.987767,
        "energy": 13.523695,
        "activity_lines": [
          37.001649,
          38.425183,
          38.108454,
          37.271232
        ]
      },
      {
        "date": "2026-05-15",
        "close": 32.289635,
        "volume": 13987051,
        "typical_volume": 23939225.65,
        "trend": 36.314924,
        "fair_value": 36.067415,
        "relative_strength": -27.670709,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -30.057592,
        "energy": 34.248981,
        "activity_lines": [
          34.870347,
          37.28029,
          37.637059,
          37.004382
        ]
      },
      {
        "date": "2026-05-22",
        "close": 31.494274,
        "volume": 9331158,
        "typical_volume": 23816521.65,
        "trend": 36.227306,
        "fair_value": 36.035657,
        "relative_strength": -29.094504,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.236819,
        "energy": 44.461788,
        "activity_lines": [
          33.13155,
          36.054449,
          37.092732,
          36.693372
        ]
      },
      {
        "date": "2026-05-29",
        "close": 28.506826,
        "volume": 10104574,
        "typical_volume": 24113826.0,
        "trend": 35.999044,
        "fair_value": 35.983734,
        "relative_strength": -35.006693,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.498366,
        "energy": 67.131801,
        "activity_lines": [
          31.176777,
          34.384724,
          36.271923,
          36.195276
        ]
      },
      {
        "date": "2026-06-05",
        "close": 27.440001,
        "volume": 2023598,
        "typical_volume": 23562486.15,
        "trend": 35.660859,
        "fair_value": 35.925216,
        "relative_strength": -35.581606,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -81.122489,
        "energy": 85.237972,
        "activity_lines": [
          29.635242,
          32.694564,
          35.369789,
          35.64308
        ]
      },
      {
        "date": "2026-06-12",
        "close": 26.77,
        "volume": 1888495,
        "typical_volume": 22203496.1,
        "trend": 35.330732,
        "fair_value": 35.862935,
        "relative_strength": -34.983073,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.461773,
        "energy": 87.183182,
        "activity_lines": [
          28.293911,
          31.126129,
          34.439501,
          35.069476
        ]
      },
      {
        "date": "2026-06-19",
        "close": 27.24,
        "volume": 7572128,
        "typical_volume": 21342936.75,
        "trend": 34.945465,
        "fair_value": 35.804672,
        "relative_strength": -37.415235,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.593019,
        "energy": 87.304129,
        "activity_lines": [
          27.607195,
          29.898521,
          33.604,
          34.547494
        ]
      },
      {
        "date": "2026-06-26",
        "close": 26.629999,
        "volume": 3314080,
        "typical_volume": 20771730.8,
        "trend": 34.770713,
        "fair_value": 35.743097,
        "relative_strength": -37.106967,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.553926,
        "energy": 88.304726,
        "activity_lines": [
          27.053788,
          28.831167,
          32.760454,
          34.011012
        ]
      },
      {
        "date": "2026-07-03",
        "close": 30.26,
        "volume": 3841380,
        "typical_volume": 19663278.3,
        "trend": 34.676547,
        "fair_value": 35.706543,
        "relative_strength": -26.977193,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.953996,
        "energy": 73.397613,
        "activity_lines": [
          28.034666,
          28.724939,
          32.30366,
          33.719998
        ]
      },
      {
        "date": "2026-07-10",
        "close": 30.65,
        "volume": 22638413,
        "typical_volume": 19732345.3,
        "trend": 34.614133,
        "fair_value": 35.673056,
        "relative_strength": -22.516601,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.769031,
        "energy": 45.436837,
        "activity_lines": [
          29.028666,
          28.86743,
          31.921756,
          33.460221
        ]
      },
      {
        "date": "2026-07-17",
        "close": 30.16,
        "volume": 25083270,
        "typical_volume": 20336554.65,
        "trend": 34.540882,
        "fair_value": 35.636786,
        "relative_strength": -15.420433,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.265883,
        "energy": 35.294368,
        "activity_lines": [
          29.645333,
          28.977976,
          31.531338,
          33.172857
        ]
      },
      {
        "date": "2026-07-24",
        "close": 26.76,
        "volume": 17091305,
        "typical_volume": 20490434.35,
        "trend": 34.336839,
        "fair_value": 35.578768,
        "relative_strength": -24.476156,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.138546,
        "energy": 37.592801,
        "activity_lines": [
          28.902667,
          28.544508,
          30.854642,
          32.670865
        ]
      },
      {
        "date": "2026-07-31",
        "close": 26.879999,
        "volume": 10778084,
        "typical_volume": 20356812.6,
        "trend": 34.126773,
        "fair_value": 35.522282,
        "relative_strength": -22.273876,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.827722,
        "energy": 48.716033,
        "activity_lines": [
          28.232,
          28.233397,
          30.23238,
          32.189779
        ]
      },
      {
        "date": "2026-08-07",
        "close": 31.34,
        "volume": 19813188,
        "typical_volume": 19792053.5,
        "trend": 34.079276,
        "fair_value": 35.4953,
        "relative_strength": -13.150627,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.123247,
        "energy": 33.711612,
        "activity_lines": [
          29.031333,
          28.817091,
          30.082856,
          32.009987
        ]
      }
    ],
    "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."
    }
  }
}