{
  "ticker": {
    "uuid": "de1dd87d-7303-4600-8421-d594619c8e5a",
    "symbol": "EWRK",
    "name": "Ework Group AB (publ)",
    "exchange": "STO",
    "country": "SE",
    "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": "^OMX",
    "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": -61.093,
    "architecture_energy": 40.245,
    "architecture_maturity": 100.0,
    "architecture_confidence": 96,
    "architecture_tenure": "Extended",
    "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": 25.17,
        "rotation_up": 27.15,
        "upward_expansion": 5.07,
        "deceleration": 51.13,
        "rotation_down": 46.51,
        "downward_expansion": 78.41
      },
      "activity_lines": [
        58.966667,
        59.198182,
        60.331394,
        61.993093
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 58.299999,
    "trend_reference": 66.324445,
    "distance_from_trend": -0.120988,
    "trend_direction": "Weakening",
    "fair_value": 104.426173,
    "distance_from_fair_value": -0.441711,
    "fair_value_direction": "Weakening",
    "relative_strength": -35.152032,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.322892,
    "excess_performance": -0.384386,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.120988,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.129924,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.441711,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.008519,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.35152,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.026625,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.322892,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.461776,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 36906,
      "relative_activity": 0.784972,
      "balance": 0.461776,
      "dry_up": 0.665129,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.055812,
      "annualized_volatility": 0.472041,
      "from_high_reference": -0.564171,
      "from_low_reference": 0.06
    },
    "levels": {
      "trend_reference": 66.324445,
      "fair_value_reference": 104.426173,
      "structural_low": 55.0,
      "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": 22,
        "median_return": 0.006942,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.454545,
        "median_excess_return": -0.00711,
        "regime_survival": 0.863636,
        "best_return": 0.236559,
        "worst_return": -0.267782,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": -0.012341,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.089605,
        "regime_survival": 0.625,
        "best_return": 0.337634,
        "worst_return": -0.28561,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.033376,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.101376,
        "regime_survival": 0.25,
        "best_return": 0.784946,
        "worst_return": -0.284858,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.278062,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.08665,
        "regime_survival": 0.666667,
        "best_return": 0.325562,
        "worst_return": -0.40657,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-05-12",
        "end": "2023-07-21",
        "tenure": "Developing",
        "return": -0.19401,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2023-07-28",
        "end": "2023-08-11",
        "tenure": "New",
        "return": -0.026772,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-08-18",
        "end": "2023-12-08",
        "tenure": "Established",
        "return": 0.124786,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2023-12-15",
        "end": "2024-01-12",
        "tenure": "Developing",
        "return": -0.012748,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-01-19",
        "end": "2024-03-01",
        "tenure": "Developing",
        "return": -0.008242,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-03-08",
        "end": "2024-05-24",
        "tenure": "Developing",
        "return": 0.040981,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-31",
        "end": "2024-08-02",
        "tenure": "Developing",
        "return": -0.022069,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-09",
        "end": "2025-01-17",
        "tenure": "Established",
        "return": 0.066197,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-24",
        "end": "2025-02-21",
        "tenure": "Developing",
        "return": -0.054902,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-28",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": -0.073104,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-11",
        "tenure": "New",
        "return": 0.064006,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-08-29",
        "tenure": "Established",
        "return": -0.138643,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-05",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": -0.104796,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-31",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": -0.348551,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 98.963966,
        "volume": 58926,
        "typical_volume": 101976.7,
        "trend": 122.919557,
        "fair_value": 90.007463,
        "relative_strength": -9.553947,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.48872,
        "energy": 82.882359,
        "activity_lines": [
          103.689425,
          108.63429,
          116.049942,
          120.231181
        ]
      },
      {
        "date": "2023-08-25",
        "close": 99.133133,
        "volume": 39477,
        "typical_volume": 100951.75,
        "trend": 122.826969,
        "fair_value": 90.305359,
        "relative_strength": -9.572583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.424363,
        "energy": 84.736267,
        "activity_lines": [
          101.851119,
          106.145966,
          113.879339,
          118.696573
        ]
      },
      {
        "date": "2023-09-01",
        "close": 98.963966,
        "volume": 57597,
        "typical_volume": 98822.55,
        "trend": 122.679982,
        "fair_value": 90.607314,
        "relative_strength": -11.370241,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.820239,
        "energy": 83.448617,
        "activity_lines": [
          100.328597,
          104.103633,
          111.87613,
          117.157024
        ]
      },
      {
        "date": "2023-09-08",
        "close": 98.456459,
        "volume": 55816,
        "typical_volume": 68115.5,
        "trend": 121.838839,
        "fair_value": 90.905548,
        "relative_strength": -11.523734,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.078354,
        "energy": 81.579865,
        "activity_lines": [
          99.200802,
          102.298136,
          110.023601,
          115.594216
        ]
      },
      {
        "date": "2023-09-15",
        "close": 97.610619,
        "volume": 49059,
        "typical_volume": 62522.05,
        "trend": 120.72028,
        "fair_value": 91.181995,
        "relative_strength": -13.105838,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.408009,
        "energy": 81.14179,
        "activity_lines": [
          98.400071,
          100.8156,
          108.299687,
          114.031105
        ]
      },
      {
        "date": "2023-09-22",
        "close": 96.595596,
        "volume": 44061,
        "typical_volume": 58142.95,
        "trend": 119.697915,
        "fair_value": 91.444456,
        "relative_strength": -12.946683,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.571502,
        "energy": 74.303724,
        "activity_lines": [
          97.723393,
          99.545293,
          106.591078,
          112.474674
        ]
      },
      {
        "date": "2023-09-29",
        "close": 93.212212,
        "volume": 35859,
        "typical_volume": 54603.5,
        "trend": 118.427323,
        "fair_value": 91.696449,
        "relative_strength": -15.69155,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.664006,
        "energy": 80.496331,
        "activity_lines": [
          96.076812,
          98.056604,
          104.673022,
          110.765919
        ]
      },
      {
        "date": "2023-10-06",
        "close": 94.396393,
        "volume": 28429,
        "typical_volume": 54352.3,
        "trend": 117.347905,
        "fair_value": 91.959773,
        "relative_strength": -14.596351,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.842623,
        "energy": 74.11336,
        "activity_lines": [
          95.219687,
          96.992375,
          103.042553,
          109.215537
        ]
      },
      {
        "date": "2023-10-13",
        "close": 94.05806,
        "volume": 27869,
        "typical_volume": 52973.35,
        "trend": 116.067583,
        "fair_value": 92.221864,
        "relative_strength": -16.366405,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.989561,
        "energy": 63.134536,
        "activity_lines": [
          94.554288,
          96.103468,
          101.574004,
          107.712966
        ]
      },
      {
        "date": "2023-10-20",
        "close": 94.05806,
        "volume": 36442,
        "typical_volume": 52197.2,
        "trend": 114.705992,
        "fair_value": 92.477409,
        "relative_strength": -11.722522,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.335711,
        "energy": 71.145312,
        "activity_lines": [
          94.182116,
          95.460626,
          100.247234,
          106.292997
        ]
      },
      {
        "date": "2023-10-27",
        "close": 91.351357,
        "volume": 409521,
        "typical_volume": 70229.9,
        "trend": 113.210835,
        "fair_value": 92.721681,
        "relative_strength": -12.973986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.428257,
        "energy": 59.653575,
        "activity_lines": [
          93.144547,
          94.516355,
          98.817353,
          104.786246
        ]
      },
      {
        "date": "2023-11-03",
        "close": 99.64064,
        "volume": 59711,
        "typical_volume": 68578.15,
        "trend": 111.943226,
        "fair_value": 93.010674,
        "relative_strength": -8.519398,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.09379,
        "energy": 41.850925,
        "activity_lines": [
          95.219688,
          95.217637,
          98.373485,
          103.91075
        ]
      },
      {
        "date": "2023-11-10",
        "close": 100.317314,
        "volume": 46162,
        "typical_volume": 68693.1,
        "trend": 110.595232,
        "fair_value": 93.32411,
        "relative_strength": -7.427412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.839131,
        "energy": 31.838458,
        "activity_lines": [
          97.091825,
          96.032724,
          98.116508,
          103.160691
        ]
      },
      {
        "date": "2023-11-17",
        "close": 104.884888,
        "volume": 45581,
        "typical_volume": 69150.5,
        "trend": 109.345313,
        "fair_value": 93.654668,
        "relative_strength": -6.939038,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.00254,
        "energy": 19.106182,
        "activity_lines": [
          100.091759,
          97.653673,
          98.37429,
          102.792281
        ]
      },
      {
        "date": "2023-11-24",
        "close": 108.437439,
        "volume": 68536,
        "typical_volume": 71192.75,
        "trend": 108.92239,
        "fair_value": 94.01361,
        "relative_strength": -5.147211,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 7.459319,
        "energy": 23.121261,
        "activity_lines": [
          103.554088,
          99.803659,
          99.064661,
          102.733709
        ]
      },
      {
        "date": "2023-12-01",
        "close": 106.40741,
        "volume": 83864,
        "typical_volume": 73933.05,
        "trend": 108.459994,
        "fair_value": 94.358136,
        "relative_strength": -7.773159,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 2.092563,
        "energy": 24.500249,
        "activity_lines": [
          105.381116,
          101.387698,
          99.614058,
          102.571452
        ]
      },
      {
        "date": "2023-12-08",
        "close": 111.313316,
        "volume": 69153,
        "typical_volume": 69582.85,
        "trend": 107.839707,
        "fair_value": 94.731772,
        "relative_strength": -6.196322,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 35.410534,
        "energy": 40.338378,
        "activity_lines": [
          107.839708,
          103.685323,
          100.68788,
          102.755537
        ]
      },
      {
        "date": "2023-12-15",
        "close": 119.433434,
        "volume": 112947,
        "typical_volume": 71629.6,
        "trend": 107.315283,
        "fair_value": 95.137356,
        "relative_strength": -2.522552,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 47.762075,
        "energy": 64.70371,
        "activity_lines": [
          112.226829,
          107.130223,
          102.503629,
          103.50352
        ]
      },
      {
        "date": "2023-12-22",
        "close": 114.865875,
        "volume": 64044,
        "typical_volume": 72038.55,
        "trend": 107.016417,
        "fair_value": 95.514595,
        "relative_strength": -5.849137,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.231077,
        "energy": 58.332583,
        "activity_lines": [
          113.817021,
          109.289438,
          103.827177,
          103.990655
        ]
      },
      {
        "date": "2023-12-29",
        "close": 125.354347,
        "volume": 30165,
        "typical_volume": 71160.95,
        "trend": 106.976944,
        "fair_value": 95.940367,
        "relative_strength": 1.700076,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 57.588467,
        "energy": 72.598982,
        "activity_lines": [
          118.237972,
          112.977324,
          106.114988,
          105.173747
        ]
      },
      {
        "date": "2024-01-05",
        "close": 119.940948,
        "volume": 65403,
        "typical_volume": 71484.8,
        "trend": 106.554022,
        "fair_value": 96.314137,
        "relative_strength": -0.373371,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.065085,
        "energy": 62.828685,
        "activity_lines": [
          119.726662,
          115.111932,
          107.788152,
          106.010134
        ]
      },
      {
        "date": "2024-01-12",
        "close": 117.910904,
        "volume": 39026,
        "typical_volume": 71462.25,
        "trend": 106.305907,
        "fair_value": 96.667414,
        "relative_strength": -2.991835,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 63.733736,
        "energy": 56.90022,
        "activity_lines": [
          119.636436,
          116.357631,
          109.168088,
          106.742837
        ]
      },
      {
        "date": "2024-01-19",
        "close": 123.155151,
        "volume": 64669,
        "typical_volume": 71815.85,
        "trend": 106.50891,
        "fair_value": 97.024384,
        "relative_strength": 3.607139,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.434769,
        "energy": 59.518339,
        "activity_lines": [
          120.854452,
          118.224643,
          110.958059,
          107.829885
        ]
      },
      {
        "date": "2024-01-26",
        "close": 119.940948,
        "volume": 44210,
        "typical_volume": 71235.55,
        "trend": 106.351019,
        "fair_value": 97.368108,
        "relative_strength": -2.32307,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.006944,
        "energy": 48.963083,
        "activity_lines": [
          120.752953,
          119.09202,
          112.326718,
          108.696468
        ]
      },
      {
        "date": "2024-02-02",
        "close": 122.647652,
        "volume": 43331,
        "typical_volume": 70949.15,
        "trend": 106.45816,
        "fair_value": 97.724883,
        "relative_strength": -0.27436,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.88685,
        "energy": 49.339113,
        "activity_lines": [
          121.215351,
          120.177779,
          113.850852,
          109.747863
        ]
      },
      {
        "date": "2024-02-09",
        "close": 130.260254,
        "volume": 55830,
        "typical_volume": 71537.6,
        "trend": 106.852887,
        "fair_value": 98.107529,
        "relative_strength": 6.645264,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.874579,
        "energy": 60.974996,
        "activity_lines": [
          124.395729,
          122.38928,
          115.980772,
          111.283482
        ]
      },
      {
        "date": "2024-02-16",
        "close": 124.001007,
        "volume": 52386,
        "typical_volume": 72363.95,
        "trend": 107.49573,
        "fair_value": 98.397985,
        "relative_strength": -0.608676,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.11708,
        "energy": 47.570233,
        "activity_lines": [
          124.801737,
          123.029048,
          117.354265,
          112.389813
        ]
      },
      {
        "date": "2024-02-23",
        "close": 117.572571,
        "volume": 63038,
        "typical_volume": 74094.4,
        "trend": 107.834069,
        "fair_value": 98.654876,
        "relative_strength": -6.461235,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.8551,
        "energy": 39.915361,
        "activity_lines": [
          122.658926,
          122.269324,
          117.968913,
          113.039931
        ]
      },
      {
        "date": "2024-03-01",
        "close": 122.140137,
        "volume": 54668,
        "typical_volume": 75434.35,
        "trend": 108.31902,
        "fair_value": 98.943913,
        "relative_strength": -3.543483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.507419,
        "energy": 35.580861,
        "activity_lines": [
          122.41081,
          122.373901,
          118.908204,
          113.962903
        ]
      },
      {
        "date": "2024-03-08",
        "close": 121.294296,
        "volume": 38008,
        "typical_volume": 75512.65,
        "trend": 108.877278,
        "fair_value": 99.219884,
        "relative_strength": -4.897938,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.961093,
        "energy": 23.505374,
        "activity_lines": [
          121.734134,
          122.192429,
          119.633215,
          114.800018
        ]
      },
      {
        "date": "2024-03-15",
        "close": 114.189186,
        "volume": 56068,
        "typical_volume": 57840.0,
        "trend": 109.384786,
        "fair_value": 99.48518,
        "relative_strength": -11.481453,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.795834,
        "energy": 17.629704,
        "activity_lines": [
          118.779312,
          120.792938,
          119.551852,
          115.142722
        ]
      },
      {
        "date": "2024-03-22",
        "close": 117.572571,
        "volume": 28261,
        "typical_volume": 56267.5,
        "trend": 109.999434,
        "fair_value": 99.768821,
        "relative_strength": -8.253054,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.444747,
        "energy": 16.021499,
        "activity_lines": [
          118.023689,
          120.113185,
          119.683965,
          115.670966
        ]
      },
      {
        "date": "2024-03-29",
        "close": 125.523529,
        "volume": 25431,
        "typical_volume": 55230.95,
        "trend": 110.884752,
        "fair_value": 100.097219,
        "relative_strength": -0.994052,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.500986,
        "energy": 20.103203,
        "activity_lines": [
          120.346948,
          120.885213,
          120.487922,
          116.67252
        ]
      },
      {
        "date": "2024-04-05",
        "close": 119.095093,
        "volume": 63251,
        "typical_volume": 56114.45,
        "trend": 111.572707,
        "fair_value": 100.392531,
        "relative_strength": -4.998002,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.670526,
        "energy": 10.748647,
        "activity_lines": [
          119.997331,
          120.445372,
          120.559617,
          117.20222
        ]
      },
      {
        "date": "2024-04-12",
        "close": 115.711716,
        "volume": 41715,
        "typical_volume": 54773.4,
        "trend": 112.176077,
        "fair_value": 100.672363,
        "relative_strength": -7.192071,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.922512,
        "energy": 8.678415,
        "activity_lines": [
          118.722924,
          119.405752,
          120.241418,
          117.469253
        ]
      },
      {
        "date": "2024-04-19",
        "close": 116.726723,
        "volume": 38539,
        "typical_volume": 52507.15,
        "trend": 112.847114,
        "fair_value": 100.945327,
        "relative_strength": -5.583069,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.814331,
        "energy": 7.480291,
        "activity_lines": [
          118.159026,
          118.676786,
          119.985247,
          117.762843
        ]
      },
      {
        "date": "2024-04-26",
        "close": 117.065056,
        "volume": 51123,
        "typical_volume": 51605.65,
        "trend": 113.642209,
        "fair_value": 101.220573,
        "relative_strength": -7.094986,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.589739,
        "energy": 10.219523,
        "activity_lines": [
          117.538736,
          118.255399,
          119.712159,
          118.034968
        ]
      },
      {
        "date": "2024-05-03",
        "close": 119.50724,
        "volume": 98825,
        "typical_volume": 50899.55,
        "trend": 114.479237,
        "fair_value": 101.521477,
        "relative_strength": -4.250894,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.49919,
        "energy": 9.714523,
        "activity_lines": [
          117.766341,
          118.404154,
          119.64427,
          118.413357
        ]
      },
      {
        "date": "2024-05-10",
        "close": 123.597527,
        "volume": 55498,
        "typical_volume": 50472.25,
        "trend": 115.463886,
        "fair_value": 101.823592,
        "relative_strength": -3.865442,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.479892,
        "energy": 16.026736,
        "activity_lines": [
          119.758462,
          119.261422,
          119.965582,
          119.001634
        ]
      },
      {
        "date": "2024-05-17",
        "close": 124.308884,
        "volume": 34570,
        "typical_volume": 50692.5,
        "trend": 116.472247,
        "fair_value": 102.124264,
        "relative_strength": -1.922871,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 40.659696,
        "energy": 25.921438,
        "activity_lines": [
          121.687539,
          120.221529,
          120.313062,
          119.572279
        ]
      },
      {
        "date": "2024-05-24",
        "close": 126.265091,
        "volume": 35633,
        "typical_volume": 49204.0,
        "trend": 117.636038,
        "fair_value": 102.421471,
        "relative_strength": -0.976157,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 57.295406,
        "energy": 46.53487,
        "activity_lines": [
          123.695541,
          121.4825,
          120.851826,
          120.204075
        ]
      },
      {
        "date": "2024-05-31",
        "close": 128.932678,
        "volume": 44335,
        "typical_volume": 49469.45,
        "trend": 118.612439,
        "fair_value": 102.727775,
        "relative_strength": 2.137875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.897637,
        "energy": 60.427383,
        "activity_lines": [
          125.956847,
          123.008924,
          121.61453,
          120.932891
        ]
      },
      {
        "date": "2024-06-07",
        "close": 125.909424,
        "volume": 44391,
        "typical_volume": 48455.55,
        "trend": 119.46551,
        "fair_value": 103.024702,
        "relative_strength": -0.618625,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.801055,
        "energy": 56.834385,
        "activity_lines": [
          126.419227,
          123.779119,
          122.036822,
          121.403664
        ]
      },
      {
        "date": "2024-06-14",
        "close": 129.644012,
        "volume": 40664,
        "typical_volume": 48278.25,
        "trend": 120.290814,
        "fair_value": 103.344569,
        "relative_strength": 4.94588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.962627,
        "energy": 60.103856,
        "activity_lines": [
          127.699657,
          125.221313,
          122.801672,
          122.060342
        ]
      },
      {
        "date": "2024-06-21",
        "close": 129.466187,
        "volume": 22572,
        "typical_volume": 47240.3,
        "trend": 120.991772,
        "fair_value": 103.689305,
        "relative_strength": 4.392401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.650138,
        "energy": 54.068264,
        "activity_lines": [
          128.517713,
          126.439377,
          123.503382,
          122.652301
        ]
      },
      {
        "date": "2024-06-28",
        "close": 125.375916,
        "volume": 20164,
        "typical_volume": 45457.0,
        "trend": 121.624056,
        "fair_value": 103.994317,
        "relative_strength": 1.474067,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.429482,
        "energy": 34.649678,
        "activity_lines": [
          127.628526,
          126.663674,
          123.783074,
          122.935149
        ]
      },
      {
        "date": "2024-07-05",
        "close": 127.154282,
        "volume": 26639,
        "typical_volume": 44169.65,
        "trend": 122.152088,
        "fair_value": 104.301225,
        "relative_strength": 3.575761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.871907,
        "energy": 33.453412,
        "activity_lines": [
          127.391406,
          127.054053,
          124.255392,
          123.291938
        ]
      },
      {
        "date": "2024-07-12",
        "close": 127.332115,
        "volume": 17775,
        "typical_volume": 41906.5,
        "trend": 122.415377,
        "fair_value": 104.581263,
        "relative_strength": 0.972483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.332439,
        "energy": 28.312055,
        "activity_lines": [
          127.332122,
          127.293324,
          124.729631,
          123.626133
        ]
      },
      {
        "date": "2024-07-19",
        "close": 125.909424,
        "volume": 44673,
        "typical_volume": 41406.75,
        "trend": 122.783496,
        "fair_value": 104.861185,
        "relative_strength": 2.093344,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 36.779793,
        "energy": 19.00477,
        "activity_lines": [
          126.703763,
          127.131653,
          125.021901,
          123.851555
        ]
      },
      {
        "date": "2024-07-26",
        "close": 128.043472,
        "volume": 22272,
        "typical_volume": 40619.95,
        "trend": 122.873133,
        "fair_value": 105.168791,
        "relative_strength": 3.414249,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.65708,
        "energy": 21.260107,
        "activity_lines": [
          127.035725,
          127.315957,
          125.499465,
          124.190909
        ]
      },
      {
        "date": "2024-08-02",
        "close": 126.087257,
        "volume": 28539,
        "typical_volume": 39243.5,
        "trend": 123.07801,
        "fair_value": 105.421842,
        "relative_strength": 6.344221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 34.33172,
        "energy": 17.912005,
        "activity_lines": [
          126.810464,
          127.076684,
          125.758585,
          124.398272
        ]
      },
      {
        "date": "2024-08-09",
        "close": 126.265091,
        "volume": 22845,
        "typical_volume": 38972.7,
        "trend": 123.356483,
        "fair_value": 105.629016,
        "relative_strength": 6.691612,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 32.57341,
        "energy": 15.452203,
        "activity_lines": [
          126.597057,
          126.872977,
          125.977983,
          124.60389
        ]
      },
      {
        "date": "2024-08-16",
        "close": 123.419693,
        "volume": 23992,
        "typical_volume": 38900.75,
        "trend": 123.365301,
        "fair_value": 105.840959,
        "relative_strength": 1.115103,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.225332,
        "energy": 11.013005,
        "activity_lines": [
          125.494465,
          126.200427,
          125.884998,
          124.607968
        ]
      },
      {
        "date": "2024-08-23",
        "close": 125.198067,
        "volume": 29508,
        "typical_volume": 37213.6,
        "trend": 123.540538,
        "fair_value": 106.093312,
        "relative_strength": 1.410391,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.412966,
        "energy": 10.183389,
        "activity_lines": [
          125.245491,
          125.896486,
          125.9714,
          124.726211
        ]
      },
      {
        "date": "2024-08-30",
        "close": 125.375916,
        "volume": 30116,
        "typical_volume": 36633.65,
        "trend": 123.63148,
        "fair_value": 106.328799,
        "relative_strength": -0.001627,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.520214,
        "energy": 10.317124,
        "activity_lines": [
          125.103224,
          125.705716,
          126.045678,
          124.844622
        ]
      },
      {
        "date": "2024-09-06",
        "close": 125.020233,
        "volume": 29309,
        "typical_volume": 36172.15,
        "trend": 123.456813,
        "fair_value": 106.571009,
        "relative_strength": 4.121911,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.442456,
        "energy": 9.971416,
        "activity_lines": [
          125.020234,
          125.524645,
          126.040062,
          124.934219
        ]
      },
      {
        "date": "2024-09-13",
        "close": 123.953194,
        "volume": 20955,
        "typical_volume": 34663.75,
        "trend": 123.455219,
        "fair_value": 106.824385,
        "relative_strength": 1.240771,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.756888,
        "energy": 7.336939,
        "activity_lines": [
          124.652698,
          125.156034,
          125.89333,
          124.966244
        ]
      },
      {
        "date": "2024-09-20",
        "close": 128.043472,
        "volume": 612613,
        "typical_volume": 60353.15,
        "trend": 123.804249,
        "fair_value": 107.10198,
        "relative_strength": 2.188547,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.26103,
        "energy": 14.486354,
        "activity_lines": [
          125.802716,
          125.589311,
          126.103348,
          125.26226
        ]
      },
      {
        "date": "2024-09-27",
        "close": 124.842384,
        "volume": 57328,
        "typical_volume": 60444.65,
        "trend": 123.894324,
        "fair_value": 107.346051,
        "relative_strength": -2.798374,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.560977,
        "energy": 10.001161,
        "activity_lines": [
          125.577451,
          125.427639,
          125.967852,
          125.329236
        ]
      },
      {
        "date": "2024-10-04",
        "close": 125.731575,
        "volume": 47045,
        "typical_volume": 61068.4,
        "trend": 124.042234,
        "fair_value": 107.621831,
        "relative_strength": -0.940515,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.893865,
        "energy": 11.020868,
        "activity_lines": [
          125.672297,
          125.447038,
          125.911112,
          125.447769
        ]
      },
      {
        "date": "2024-10-11",
        "close": 123.063995,
        "volume": 35910,
        "typical_volume": 61082.25,
        "trend": 124.338061,
        "fair_value": 107.829493,
        "relative_strength": -2.65354,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.326844,
        "energy": 3.596451,
        "activity_lines": [
          124.854238,
          125.023458,
          125.593543,
          125.384657
        ]
      },
      {
        "date": "2024-10-18",
        "close": 123.597527,
        "volume": 18269,
        "typical_volume": 59778.95,
        "trend": 124.538892,
        "fair_value": 108.027571,
        "relative_strength": -2.53279,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.029415,
        "energy": 11.783552,
        "activity_lines": [
          124.344439,
          124.751851,
          125.342029,
          125.33688
        ]
      },
      {
        "date": "2024-10-25",
        "close": 122.708328,
        "volume": 57780,
        "typical_volume": 60448.4,
        "trend": 124.445052,
        "fair_value": 108.265965,
        "relative_strength": -3.263896,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.261039,
        "energy": 24.402903,
        "activity_lines": [
          123.561951,
          124.367074,
          125.031235,
          125.218779
        ]
      },
      {
        "date": "2024-11-01",
        "close": 125.198067,
        "volume": 40178,
        "typical_volume": 60424.1,
        "trend": 124.648485,
        "fair_value": 108.493309,
        "relative_strength": -0.030757,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.794745,
        "energy": 20.740732,
        "activity_lines": [
          123.965053,
          124.44791,
          124.972803,
          125.267361
        ]
      },
      {
        "date": "2024-11-08",
        "close": 124.486717,
        "volume": 26916,
        "typical_volume": 60641.3,
        "trend": 124.940985,
        "fair_value": 108.721095,
        "relative_strength": -0.70572,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.347304,
        "energy": 15.245388,
        "activity_lines": [
          124.107326,
          124.399409,
          124.867794,
          125.256924
        ]
      },
      {
        "date": "2024-11-15",
        "close": 125.020233,
        "volume": 31259,
        "typical_volume": 61196.05,
        "trend": 125.217435,
        "fair_value": 108.946298,
        "relative_strength": 1.572559,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.472722,
        "energy": 4.6763,
        "activity_lines": [
          124.510428,
          124.464079,
          124.837308,
          125.262037
        ]
      },
      {
        "date": "2024-11-22",
        "close": 124.131035,
        "volume": 21915,
        "typical_volume": 60959.85,
        "trend": 125.452968,
        "fair_value": 109.180808,
        "relative_strength": 0.656303,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -33.680723,
        "energy": 14.18734,
        "activity_lines": [
          124.486715,
          124.367076,
          124.72383,
          125.191947
        ]
      },
      {
        "date": "2024-11-29",
        "close": 123.597527,
        "volume": 16775,
        "typical_volume": 60909.85,
        "trend": 125.589311,
        "fair_value": 109.407895,
        "relative_strength": 0.159877,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -36.678375,
        "energy": 15.449318,
        "activity_lines": [
          124.249598,
          124.169839,
          124.573939,
          125.072241
        ]
      },
      {
        "date": "2024-12-06",
        "close": 122.530495,
        "volume": 27395,
        "typical_volume": 60045.95,
        "trend": 125.553743,
        "fair_value": 109.598132,
        "relative_strength": -4.471996,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -50.878956,
        "energy": 26.509028,
        "activity_lines": [
          123.597525,
          123.859431,
          124.340209,
          124.874898
        ]
      },
      {
        "date": "2024-12-13",
        "close": 121.641304,
        "volume": 18840,
        "typical_volume": 59874.35,
        "trend": 125.464824,
        "fair_value": 109.767664,
        "relative_strength": -2.922449,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.494359,
        "energy": 41.32646,
        "activity_lines": [
          122.826892,
          123.429386,
          124.037884,
          124.622482
        ]
      },
      {
        "date": "2024-12-20",
        "close": 125.020233,
        "volume": 60979,
        "typical_volume": 61496.35,
        "trend": 125.423328,
        "fair_value": 109.940849,
        "relative_strength": 2.978994,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -43.441131,
        "energy": 27.676635,
        "activity_lines": [
          123.372264,
          123.688061,
          124.087848,
          124.593799
        ]
      },
      {
        "date": "2024-12-27",
        "close": 125.020233,
        "volume": 24181,
        "typical_volume": 61563.15,
        "trend": 125.292914,
        "fair_value": 110.078021,
        "relative_strength": 2.419288,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -30.255071,
        "energy": 14.62814,
        "activity_lines": [
          123.917635,
          123.911167,
          124.142894,
          124.567793
        ]
      },
      {
        "date": "2025-01-03",
        "close": 133.022964,
        "volume": 40352,
        "typical_volume": 62381.15,
        "trend": 125.530032,
        "fair_value": 110.273495,
        "relative_strength": 7.983618,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 33.04006,
        "energy": 32.307182,
        "activity_lines": [
          127.071304,
          125.563449,
          124.966032,
          125.066506
        ]
      },
      {
        "date": "2025-01-10",
        "close": 133.022964,
        "volume": 49172,
        "typical_volume": 63364.35,
        "trend": 125.642663,
        "fair_value": 110.495979,
        "relative_strength": 7.344918,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 45.09223,
        "energy": 55.999496,
        "activity_lines": [
          129.59661,
          127.028191,
          125.743441,
          125.549921
        ]
      },
      {
        "date": "2025-01-17",
        "close": 134.623489,
        "volume": 31140,
        "typical_volume": 63415.55,
        "trend": 125.814573,
        "fair_value": 110.744728,
        "relative_strength": 4.836931,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 75.069071,
        "energy": 76.91719,
        "activity_lines": [
          131.955926,
          128.641667,
          126.636019,
          126.129329
        ]
      },
      {
        "date": "2025-01-24",
        "close": 136.046188,
        "volume": 45272,
        "typical_volume": 64213.7,
        "trend": 126.170249,
        "fair_value": 111.031608,
        "relative_strength": 3.854198,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.352472,
        "energy": 84.103507,
        "activity_lines": [
          133.923997,
          130.329511,
          127.620056,
          126.789433
        ]
      },
      {
        "date": "2025-01-31",
        "close": 135.157013,
        "volume": 33651,
        "typical_volume": 64848.5,
        "trend": 126.437007,
        "fair_value": 111.316789,
        "relative_strength": 3.192077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.829441,
        "energy": 80.407176,
        "activity_lines": [
          134.860612,
          131.655214,
          128.466905,
          127.369224
        ]
      },
      {
        "date": "2025-02-07",
        "close": 131.600235,
        "volume": 43978,
        "typical_volume": 36416.75,
        "trend": 126.579278,
        "fair_value": 111.504144,
        "relative_strength": 1.868535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.323509,
        "energy": 65.787254,
        "activity_lines": [
          133.935849,
          132.133759,
          128.921662,
          127.702336
        ]
      },
      {
        "date": "2025-02-14",
        "close": 129.999695,
        "volume": 43050,
        "typical_volume": 35702.85,
        "trend": 126.71562,
        "fair_value": 111.719252,
        "relative_strength": -2.091168,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.685768,
        "energy": 40.396079,
        "activity_lines": [
          132.572421,
          132.175792,
          129.20705,
          127.923008
        ]
      },
      {
        "date": "2025-02-21",
        "close": 128.576996,
        "volume": 60607,
        "typical_volume": 36380.95,
        "trend": 126.733404,
        "fair_value": 111.999267,
        "relative_strength": -3.380086,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.654296,
        "energy": 21.782614,
        "activity_lines": [
          130.936312,
          131.823349,
          129.332384,
          128.043097
        ]
      },
      {
        "date": "2025-02-28",
        "close": 128.932678,
        "volume": 49519,
        "typical_volume": 37061.4,
        "trend": 126.828251,
        "fair_value": 112.281562,
        "relative_strength": -3.040639,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.708728,
        "energy": 20.454293,
        "activity_lines": [
          129.821863,
          131.409472,
          129.478042,
          128.184985
        ]
      },
      {
        "date": "2025-03-07",
        "close": 126.798622,
        "volume": 35503,
        "typical_volume": 37923.1,
        "trend": 126.846036,
        "fair_value": 112.545175,
        "relative_strength": -4.716784,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.485881,
        "energy": 17.378122,
        "activity_lines": [
          128.470296,
          130.53645,
          129.392511,
          128.183074
        ]
      },
      {
        "date": "2025-03-14",
        "close": 123.597527,
        "volume": 52400,
        "typical_volume": 37654.1,
        "trend": 126.851964,
        "fair_value": 112.789269,
        "relative_strength": -5.538312,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -10.368219,
        "energy": 16.55137,
        "activity_lines": [
          126.608923,
          129.049076,
          128.986871,
          127.973493
        ]
      },
      {
        "date": "2025-03-21",
        "close": 123.419693,
        "volume": 29015,
        "typical_volume": 37095.95,
        "trend": 126.792684,
        "fair_value": 113.043227,
        "relative_strength": -3.792949,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -20.534273,
        "energy": 23.194969,
        "activity_lines": [
          125.221786,
          127.70074,
          128.56006,
          127.752056
        ]
      },
      {
        "date": "2025-03-28",
        "close": 119.50724,
        "volume": 78006,
        "typical_volume": 39650.45,
        "trend": 126.597062,
        "fair_value": 113.250097,
        "relative_strength": -3.558506,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -32.38244,
        "energy": 40.990245,
        "activity_lines": [
          122.969165,
          125.815654,
          127.769102,
          127.282027
        ]
      },
      {
        "date": "2025-04-04",
        "close": 113.638596,
        "volume": 49530,
        "typical_volume": 40564.0,
        "trend": 126.217674,
        "fair_value": 113.395339,
        "relative_strength": 1.860958,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.226921,
        "energy": 63.08415,
        "activity_lines": [
          119.36498,
          123.138382,
          126.442938,
          126.445997
        ]
      },
      {
        "date": "2025-04-11",
        "close": 120.912155,
        "volume": 52856,
        "typical_volume": 42111.05,
        "trend": 126.116306,
        "fair_value": 113.580204,
        "relative_strength": 8.542747,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -59.81942,
        "energy": 59.939539,
        "activity_lines": [
          119.204919,
          122.190987,
          125.863693,
          126.103706
        ]
      },
      {
        "date": "2025-04-18",
        "close": 122.708328,
        "volume": 15123,
        "typical_volume": 42028.45,
        "trend": 125.938468,
        "fair_value": 113.751574,
        "relative_strength": 6.281198,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.599911,
        "energy": 47.83736,
        "activity_lines": [
          120.036015,
          121.829166,
          125.470839,
          125.883836
        ]
      },
      {
        "date": "2025-04-25",
        "close": 125.447044,
        "volume": 17075,
        "typical_volume": 41512.45,
        "trend": 125.958623,
        "fair_value": 113.962507,
        "relative_strength": 5.212873,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.916999,
        "energy": 29.864008,
        "activity_lines": [
          121.839295,
          122.126964,
          125.343049,
          125.852131
        ]
      },
      {
        "date": "2025-05-02",
        "close": 131.600235,
        "volume": 53302,
        "typical_volume": 43235.55,
        "trend": 126.154245,
        "fair_value": 114.194501,
        "relative_strength": 8.50778,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 12.413704,
        "energy": 12.202041,
        "activity_lines": [
          125.558483,
          123.6263,
          125.78739,
          126.216106
        ]
      },
      {
        "date": "2025-05-09",
        "close": 111.326683,
        "volume": 138897,
        "typical_volume": 47131.45,
        "trend": 125.763001,
        "fair_value": 114.286116,
        "relative_strength": -7.642865,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.134359,
        "energy": 23.479853,
        "activity_lines": [
          121.71362,
          121.384568,
          124.253492,
          125.259489
        ]
      },
      {
        "date": "2025-05-16",
        "close": 109.652176,
        "volume": 156091,
        "typical_volume": 53726.95,
        "trend": 125.298156,
        "fair_value": 114.357621,
        "relative_strength": -12.271452,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.521998,
        "energy": 36.916174,
        "activity_lines": [
          117.464716,
          119.158488,
          122.625326,
          124.220081
        ]
      },
      {
        "date": "2025-05-23",
        "close": 105.318848,
        "volume": 108211,
        "typical_volume": 57119.9,
        "trend": 124.718507,
        "fair_value": 114.409683,
        "relative_strength": -13.356075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.516221,
        "energy": 68.683602,
        "activity_lines": [
          112.522034,
          116.456285,
          120.657642,
          122.931094
        ]
      },
      {
        "date": "2025-05-30",
        "close": 97.5942,
        "volume": 295878,
        "typical_volume": 69455.2,
        "trend": 123.798378,
        "fair_value": 114.407018,
        "relative_strength": -19.914005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.10701,
        "energy": 83.63335,
        "activity_lines": [
          106.163768,
          112.681939,
          118.086202,
          121.181138
        ]
      },
      {
        "date": "2025-06-06",
        "close": 99.289856,
        "volume": 59349,
        "typical_volume": 70865.65,
        "trend": 122.958483,
        "fair_value": 114.408972,
        "relative_strength": -19.070958,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.342659,
        "energy": 83.758527,
        "activity_lines": [
          102.227577,
          109.685449,
          115.844961,
          119.599943
        ]
      },
      {
        "date": "2025-06-13",
        "close": 96.652176,
        "volume": 62523,
        "typical_volume": 71728.2,
        "trend": 122.012881,
        "fair_value": 114.392976,
        "relative_strength": -18.875485,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.122696,
        "energy": 85.420835,
        "activity_lines": [
          99.566185,
          106.57697,
          113.520769,
          117.902762
        ]
      },
      {
        "date": "2025-06-20",
        "close": 95.521744,
        "volume": 32818,
        "typical_volume": 71686.55,
        "trend": 121.059238,
        "fair_value": 114.380152,
        "relative_strength": -19.053626,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.038041,
        "energy": 84.470854,
        "activity_lines": [
          97.506283,
          103.571802,
          111.276506,
          116.193657
        ]
      },
      {
        "date": "2025-06-27",
        "close": 97.028984,
        "volume": 60539,
        "typical_volume": 72514.6,
        "trend": 120.17362,
        "fair_value": 114.366571,
        "relative_strength": -19.38905,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.724544,
        "energy": 72.685213,
        "activity_lines": [
          96.890822,
          101.302321,
          109.36453,
          114.643318
        ]
      },
      {
        "date": "2025-07-04",
        "close": 101.550728,
        "volume": 57789,
        "typical_volume": 73251.55,
        "trend": 119.474294,
        "fair_value": 114.355928,
        "relative_strength": -15.530785,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.149035,
        "energy": 55.438406,
        "activity_lines": [
          98.335268,
          100.321872,
          108.047821,
          113.441841
        ]
      },
      {
        "date": "2025-07-11",
        "close": 99.855072,
        "volume": 53690,
        "typical_volume": 72905.7,
        "trend": 118.748086,
        "fair_value": 114.316703,
        "relative_strength": -17.699241,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.087813,
        "energy": 53.117259,
        "activity_lines": [
          98.950726,
          99.467601,
          106.705092,
          112.176085
        ]
      },
      {
        "date": "2025-07-18",
        "close": 102.49276,
        "volume": 68025,
        "typical_volume": 73831.0,
        "trend": 117.997171,
        "fair_value": 114.399618,
        "relative_strength": -15.281476,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.943147,
        "energy": 39.52669,
        "activity_lines": [
          100.407732,
          99.670095,
          105.750342,
          111.127354
        ]
      },
      {
        "date": "2025-07-25",
        "close": 101.36232,
        "volume": 54853,
        "typical_volume": 74798.5,
        "trend": 117.208574,
        "fair_value": 114.453407,
        "relative_strength": -17.774215,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.497603,
        "energy": 32.031418,
        "activity_lines": [
          101.098553,
          99.82767,
          104.813836,
          110.054138
        ]
      },
      {
        "date": "2025-08-01",
        "close": 100.231888,
        "volume": 50391,
        "typical_volume": 74698.05,
        "trend": 116.115538,
        "fair_value": 114.539543,
        "relative_strength": -15.962563,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.741659,
        "energy": 30.995574,
        "activity_lines": [
          101.023191,
          99.930437,
          103.890795,
          108.958868
        ]
      },
      {
        "date": "2025-08-08",
        "close": 104.565216,
        "volume": 154176,
        "typical_volume": 80956.1,
        "trend": 115.166946,
        "fair_value": 114.652414,
        "relative_strength": -14.274778,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.460792,
        "energy": 26.857483,
        "activity_lines": [
          102.178746,
          100.913572,
          103.491717,
          108.213686
        ]
      },
      {
        "date": "2025-08-15",
        "close": 100.608704,
        "volume": 26537,
        "typical_volume": 78382.65,
        "trend": 114.03312,
        "fair_value": 114.711791,
        "relative_strength": -18.340583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.509104,
        "energy": 28.503823,
        "activity_lines": [
          101.814497,
          101.050596,
          102.805611,
          107.274444
        ]
      },
      {
        "date": "2025-08-22",
        "close": 106.072464,
        "volume": 32077,
        "typical_volume": 77510.0,
        "trend": 113.033996,
        "fair_value": 114.833282,
        "relative_strength": -15.131797,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.563431,
        "energy": 19.810697,
        "activity_lines": [
          103.221259,
          102.157051,
          102.729857,
          106.760853
        ]
      },
      {
        "date": "2025-08-29",
        "close": 105.695648,
        "volume": 36309,
        "typical_volume": 76682.65,
        "trend": 112.05195,
        "fair_value": 114.983615,
        "relative_strength": -13.094075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.417526,
        "energy": 16.207099,
        "activity_lines": [
          104.263769,
          103.023717,
          102.654245,
          106.287412
        ]
      },
      {
        "date": "2025-09-05",
        "close": 106.072464,
        "volume": 30596,
        "typical_volume": 77456.3,
        "trend": 111.201025,
        "fair_value": 115.139488,
        "relative_strength": -12.452015,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.980918,
        "energy": 13.951268,
        "activity_lines": [
          105.142995,
          103.773914,
          102.686979,
          105.901638
        ]
      },
      {
        "date": "2025-09-12",
        "close": 103.811592,
        "volume": 40558,
        "typical_volume": 78630.45,
        "trend": 110.328088,
        "fair_value": 115.293893,
        "relative_strength": -14.253698,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -15.044996,
        "energy": 12.749419,
        "activity_lines": [
          104.879226,
          103.948617,
          102.58361,
          105.424901
        ]
      },
      {
        "date": "2025-09-19",
        "close": 106.260872,
        "volume": 21119,
        "typical_volume": 77021.3,
        "trend": 109.584217,
        "fair_value": 115.490567,
        "relative_strength": -12.249089,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.057803,
        "energy": 9.951836,
        "activity_lines": [
          105.482125,
          104.527537,
          102.816533,
          105.1625
        ]
      },
      {
        "date": "2025-09-26",
        "close": 103.623192,
        "volume": 28852,
        "typical_volume": 71519.05,
        "trend": 108.740568,
        "fair_value": 115.685961,
        "relative_strength": -14.076634,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -12.907211,
        "energy": 7.664043,
        "activity_lines": [
          104.828987,
          104.510409,
          102.918911,
          104.777917
        ]
      },
      {
        "date": "2025-10-03",
        "close": 100.608704,
        "volume": 32135,
        "typical_volume": 65321.25,
        "trend": 107.86757,
        "fair_value": 115.826086,
        "relative_strength": -18.763511,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.993437,
        "energy": 16.996997,
        "activity_lines": [
          103.334303,
          103.92464,
          102.770879,
          104.253281
        ]
      },
      {
        "date": "2025-10-10",
        "close": 100.420288,
        "volume": 82896,
        "typical_volume": 64055.5,
        "trend": 107.094996,
        "fair_value": 115.982716,
        "relative_strength": -17.909189,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -36.052409,
        "energy": 19.577553,
        "activity_lines": [
          102.115945,
          103.318315,
          102.647966,
          103.772811
        ]
      },
      {
        "date": "2025-10-17",
        "close": 99.855072,
        "volume": 22484,
        "typical_volume": 50385.8,
        "trend": 106.309508,
        "fair_value": 116.023717,
        "relative_strength": -17.813384,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.798922,
        "energy": 25.857399,
        "activity_lines": [
          101.085992,
          102.605798,
          102.494549,
          103.305719
        ]
      },
      {
        "date": "2025-10-24",
        "close": 94.956528,
        "volume": 130821,
        "typical_volume": 53959.4,
        "trend": 105.491151,
        "fair_value": 116.022899,
        "relative_strength": -23.81055,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.832375,
        "energy": 49.023981,
        "activity_lines": [
          98.686959,
          101.088276,
          101.863839,
          102.573269
        ]
      },
      {
        "date": "2025-10-31",
        "close": 89.492752,
        "volume": 79800,
        "typical_volume": 54823.25,
        "trend": 104.68629,
        "fair_value": 115.996434,
        "relative_strength": -27.159672,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.060495,
        "energy": 66.679356,
        "activity_lines": [
          95.220291,
          98.680107,
          100.733404,
          101.541114
        ]
      },
      {
        "date": "2025-11-07",
        "close": 81.95652,
        "volume": 78902,
        "typical_volume": 57127.45,
        "trend": 103.387769,
        "fair_value": 115.890402,
        "relative_strength": -31.914333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.808832,
        "energy": 80.722839,
        "activity_lines": [
          90.183575,
          95.203163,
          98.919325,
          100.074677
        ]
      },
      {
        "date": "2025-11-14",
        "close": 83.746376,
        "volume": 79072,
        "typical_volume": 58054.1,
        "trend": 102.089037,
        "fair_value": 115.809388,
        "relative_strength": -30.443012,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.753626,
        "energy": 82.060498,
        "activity_lines": [
          86.986956,
          92.483268,
          97.340305,
          98.807491
        ]
      },
      {
        "date": "2025-11-21",
        "close": 83.369568,
        "volume": 133779,
        "typical_volume": 61853.6,
        "trend": 100.686454,
        "fair_value": 115.699912,
        "relative_strength": -28.693467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.143134,
        "energy": 82.446873,
        "activity_lines": [
          84.776329,
          90.100792,
          95.788649,
          97.599783
        ]
      },
      {
        "date": "2025-11-28",
        "close": 89.963768,
        "volume": 60707,
        "typical_volume": 62204.45,
        "trend": 99.298572,
        "fair_value": 115.626454,
        "relative_strength": -24.930785,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.695232,
        "energy": 72.120442,
        "activity_lines": [
          85.862802,
          89.288934,
          94.951588,
          96.907997
        ]
      },
      {
        "date": "2025-12-05",
        "close": 92.695656,
        "volume": 70870,
        "typical_volume": 62346.7,
        "trend": 98.677538,
        "fair_value": 115.589263,
        "relative_strength": -23.230894,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.947001,
        "energy": 43.265228,
        "activity_lines": [
          88.192755,
          89.270093,
          94.421809,
          96.482002
        ]
      },
      {
        "date": "2025-12-12",
        "close": 91.282608,
        "volume": 64571,
        "typical_volume": 62832.6,
        "trend": 98.065219,
        "fair_value": 115.544056,
        "relative_strength": -23.728007,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.051993,
        "energy": 33.590676,
        "activity_lines": [
          89.838165,
          89.193018,
          93.804107,
          96.00491
        ]
      },
      {
        "date": "2025-12-19",
        "close": 88.550728,
        "volume": 57725,
        "typical_volume": 63199.3,
        "trend": 97.506282,
        "fair_value": 115.463624,
        "relative_strength": -25.888041,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.246003,
        "energy": 25.870801,
        "activity_lines": [
          89.95121,
          88.788802,
          92.974225,
          95.391072
        ]
      },
      {
        "date": "2025-12-26",
        "close": 92.695656,
        "volume": 37583,
        "typical_volume": 57369.65,
        "trend": 97.342997,
        "fair_value": 115.422265,
        "relative_strength": -22.001644,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.798842,
        "energy": 22.61225,
        "activity_lines": [
          91.125606,
          89.35402,
          92.594722,
          95.080709
        ]
      },
      {
        "date": "2026-01-02",
        "close": 92.31884,
        "volume": 100949,
        "typical_volume": 61090.25,
        "trend": 97.11063,
        "fair_value": 115.381617,
        "relative_strength": -22.435899,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.351898,
        "energy": 19.243913,
        "activity_lines": [
          91.552659,
          89.980897,
          92.235854,
          94.75657
        ]
      },
      {
        "date": "2026-01-09",
        "close": 92.036232,
        "volume": 42075,
        "typical_volume": 61590.15,
        "trend": 96.956765,
        "fair_value": 115.330822,
        "relative_strength": -24.334842,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.950942,
        "energy": 17.553781,
        "activity_lines": [
          91.728503,
          90.604349,
          91.889546,
          94.429189
        ]
      },
      {
        "date": "2026-01-16",
        "close": 90.9058,
        "volume": 61239,
        "typical_volume": 62836.65,
        "trend": 96.8029,
        "fair_value": 115.258193,
        "relative_strength": -26.102157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.61647,
        "energy": 17.348727,
        "activity_lines": [
          91.571499,
          90.976023,
          91.502417,
          94.038805
        ]
      },
      {
        "date": "2026-01-23",
        "close": 90.057968,
        "volume": 49975,
        "typical_volume": 63805.6,
        "trend": 96.570533,
        "fair_value": 115.182214,
        "relative_strength": -25.426184,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.243312,
        "energy": 20.020934,
        "activity_lines": [
          91.157005,
          91.030831,
          91.10497,
          93.603648
        ]
      },
      {
        "date": "2026-01-30",
        "close": 89.58696,
        "volume": 58963,
        "typical_volume": 64725.85,
        "trend": 96.171741,
        "fair_value": 115.093838,
        "relative_strength": -25.381016,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.501655,
        "energy": 23.60186,
        "activity_lines": [
          90.485025,
          90.885245,
          90.738925,
          93.153095
        ]
      },
      {
        "date": "2026-02-06",
        "close": 86.101456,
        "volume": 97517,
        "typical_volume": 68545.75,
        "trend": 95.713287,
        "fair_value": 114.852881,
        "relative_strength": -29.682933,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.618682,
        "energy": 42.935723,
        "activity_lines": [
          88.858457,
          89.992888,
          90.108663,
          92.503399
        ]
      },
      {
        "date": "2026-02-13",
        "close": 83.086952,
        "volume": 67949,
        "typical_volume": 70500.6,
        "trend": 95.066426,
        "fair_value": 114.544673,
        "relative_strength": -31.416762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.018956,
        "energy": 63.792277,
        "activity_lines": [
          86.641547,
          88.622662,
          89.287303,
          91.688797
        ]
      },
      {
        "date": "2026-02-20",
        "close": 65.942032,
        "volume": 401443,
        "typical_volume": 88966.0,
        "trend": 93.88575,
        "fair_value": 114.151567,
        "relative_strength": -45.898666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.638693,
        "energy": 87.067777,
        "activity_lines": [
          79.306282,
          84.309883,
          86.930885,
          89.809803
        ]
      },
      {
        "date": "2026-02-27",
        "close": 63.304344,
        "volume": 543753,
        "typical_volume": 112008.85,
        "trend": 92.654832,
        "fair_value": 113.715505,
        "relative_strength": -48.022379,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -93.048601,
        "energy": 95.886276,
        "activity_lines": [
          72.756038,
          79.978261,
          84.488338,
          87.836809
        ]
      },
      {
        "date": "2026-03-06",
        "close": 64.434784,
        "volume": 245029,
        "typical_volume": 123136.1,
        "trend": 91.317151,
        "fair_value": 113.315864,
        "relative_strength": -43.156504,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.193585,
        "energy": 93.589001,
        "activity_lines": [
          68.366183,
          76.311199,
          82.330194,
          86.016161
        ]
      },
      {
        "date": "2026-03-13",
        "close": 59.81884,
        "volume": 57416,
        "typical_volume": 119465.85,
        "trend": 89.957489,
        "fair_value": 112.850166,
        "relative_strength": -46.153006,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.731329,
        "energy": 94.414304,
        "activity_lines": [
          64.114492,
          72.318709,
          79.901105,
          83.984012
        ]
      },
      {
        "date": "2026-03-20",
        "close": 62.268116,
        "volume": 56387,
        "typical_volume": 118295.2,
        "trend": 88.497344,
        "fair_value": 112.384539,
        "relative_strength": -40.146148,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.314178,
        "energy": 89.089927,
        "activity_lines": [
          62.431401,
          69.362451,
          77.872602,
          82.197601
        ]
      },
      {
        "date": "2026-03-27",
        "close": 59.536232,
        "volume": 70041,
        "typical_volume": 117852.15,
        "trend": 86.958697,
        "fair_value": 111.893066,
        "relative_strength": -41.950973,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.957251,
        "energy": 89.61409,
        "activity_lines": [
          61.225604,
          66.450725,
          75.713562,
          80.329142
        ]
      },
      {
        "date": "2026-04-03",
        "close": 63.68116,
        "volume": 78517,
        "typical_volume": 117824.4,
        "trend": 85.545653,
        "fair_value": 111.418786,
        "relative_strength": -39.11795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.689832,
        "energy": 67.853514,
        "activity_lines": [
          61.828503,
          64.862978,
          74.056039,
          78.827366
        ]
      },
      {
        "date": "2026-04-10",
        "close": 65.565216,
        "volume": 32189,
        "typical_volume": 112744.9,
        "trend": 84.270774,
        "fair_value": 110.936786,
        "relative_strength": -39.161734,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.974675,
        "energy": 63.235378,
        "activity_lines": [
          63.034299,
          64.097365,
          72.673499,
          77.538305
        ]
      },
      {
        "date": "2026-04-17",
        "close": 72.818848,
        "volume": 58101,
        "typical_volume": 112614.6,
        "trend": 83.15604,
        "fair_value": 110.490866,
        "relative_strength": -32.876762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.980078,
        "energy": 45.674641,
        "activity_lines": [
          66.582611,
          65.087353,
          72.066564,
          76.799471
        ]
      },
      {
        "date": "2026-04-24",
        "close": 72.724632,
        "volume": 49406,
        "typical_volume": 111541.4,
        "trend": 82.126088,
        "fair_value": 110.180606,
        "relative_strength": -30.098133,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.517089,
        "energy": 28.116088,
        "activity_lines": [
          69.23285,
          66.301713,
          71.532298,
          76.126477
        ]
      },
      {
        "date": "2026-05-01",
        "close": 64.0,
        "volume": 142568,
        "typical_volume": 115441.25,
        "trend": 80.905798,
        "fair_value": 109.819841,
        "relative_strength": -36.48393,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.951414,
        "energy": 27.137086,
        "activity_lines": [
          68.277778,
          66.118182,
          70.262216,
          74.957052
        ]
      },
      {
        "date": "2026-05-08",
        "close": 62.0,
        "volume": 78116,
        "typical_volume": 116460.8,
        "trend": 79.625121,
        "fair_value": 109.384444,
        "relative_strength": -37.814543,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.686147,
        "energy": 31.026189,
        "activity_lines": [
          66.358454,
          65.606324,
          68.931574,
          73.737323
        ]
      },
      {
        "date": "2026-05-15",
        "close": 60.900002,
        "volume": 52442,
        "typical_volume": 117203.75,
        "trend": 78.326619,
        "fair_value": 108.908379,
        "relative_strength": -37.312013,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.84609,
        "energy": 45.001342,
        "activity_lines": [
          64.184541,
          64.918182,
          67.622602,
          72.529251
        ]
      },
      {
        "date": "2026-05-22",
        "close": 60.0,
        "volume": 92754,
        "typical_volume": 116794.0,
        "trend": 77.161402,
        "fair_value": 108.499201,
        "relative_strength": -39.54126,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.638622,
        "energy": 68.268598,
        "activity_lines": [
          62.021643,
          64.130672,
          66.379324,
          71.346888
        ]
      },
      {
        "date": "2026-05-29",
        "close": 61.5,
        "volume": 70466,
        "typical_volume": 118213.55,
        "trend": 76.22831,
        "fair_value": 108.082287,
        "relative_strength": -37.12347,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.492589,
        "energy": 75.597345,
        "activity_lines": [
          61.213334,
          63.612596,
          65.432802,
          70.336475
        ]
      },
      {
        "date": "2026-06-05",
        "close": 59.400002,
        "volume": 9983,
        "typical_volume": 115650.75,
        "trend": 75.476426,
        "fair_value": 107.612873,
        "relative_strength": -38.071512,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.476407,
        "energy": 77.278134,
        "activity_lines": [
          60.453334,
          62.726667,
          64.431691,
          69.250778
        ]
      },
      {
        "date": "2026-06-12",
        "close": 58.0,
        "volume": 2842,
        "typical_volume": 113294.1,
        "trend": 74.618213,
        "fair_value": 107.181114,
        "relative_strength": -38.68435,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.846318,
        "energy": 77.252652,
        "activity_lines": [
          59.533334,
          61.58867,
          63.447274,
          68.123267
        ]
      },
      {
        "date": "2026-06-19",
        "close": 56.099998,
        "volume": 31026,
        "typical_volume": 111897.25,
        "trend": 73.709228,
        "fair_value": 106.790313,
        "relative_strength": -41.109873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.464138,
        "energy": 64.11631,
        "activity_lines": [
          58.246666,
          60.208511,
          62.434562,
          66.928543
        ]
      },
      {
        "date": "2026-06-26",
        "close": 62.299999,
        "volume": 11580,
        "typical_volume": 107600.4,
        "trend": 72.787102,
        "fair_value": 106.390456,
        "relative_strength": -33.269317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.562051,
        "energy": 49.480769,
        "activity_lines": [
          59.346666,
          60.12772,
          62.171787,
          66.192464
        ]
      },
      {
        "date": "2026-07-03",
        "close": 60.700001,
        "volume": 11790,
        "typical_volume": 104792.45,
        "trend": 71.72058,
        "fair_value": 106.013959,
        "relative_strength": -35.951085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.532472,
        "energy": 44.569529,
        "activity_lines": [
          59.76,
          59.947273,
          61.869973,
          65.412651
        ]
      },
      {
        "date": "2026-07-10",
        "close": 58.5,
        "volume": 23407,
        "typical_volume": 85890.65,
        "trend": 70.627827,
        "fair_value": 105.629867,
        "relative_strength": -36.04979,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.445401,
        "energy": 41.38216,
        "activity_lines": [
          59.493333,
          59.585455,
          61.465238,
          64.55971
        ]
      },
      {
        "date": "2026-07-17",
        "close": 59.5,
        "volume": 30797,
        "typical_volume": 60242.85,
        "trend": 69.659469,
        "fair_value": 105.340022,
        "relative_strength": -33.36939,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.947223,
        "energy": 30.298071,
        "activity_lines": [
          59.62,
          59.505455,
          61.19118,
          63.841786
        ]
      },
      {
        "date": "2026-07-24",
        "close": 59.299999,
        "volume": 33954,
        "typical_volume": 49689.1,
        "trend": 68.54628,
        "fair_value": 105.031545,
        "relative_strength": -33.773016,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.033501,
        "energy": 31.936851,
        "activity_lines": [
          59.58,
          59.434545,
          60.91619,
          63.173433
        ]
      },
      {
        "date": "2026-07-31",
        "close": 59.400002,
        "volume": 23429,
        "typical_volume": 47989.75,
        "trend": 67.448986,
        "fair_value": 104.722625,
        "relative_strength": -33.658181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.517781,
        "energy": 37.551287,
        "activity_lines": [
          59.36,
          59.410909,
          60.675176,
          62.583351
        ]
      },
      {
        "date": "2026-08-07",
        "close": 58.299999,
        "volume": 36906,
        "typical_volume": 47015.7,
        "trend": 66.324445,
        "fair_value": 104.426173,
        "relative_strength": -35.152032,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.092891,
        "energy": 40.2447,
        "activity_lines": [
          58.966667,
          59.198182,
          60.331394,
          61.993093
        ]
      }
    ],
    "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."
    }
  }
}