{
  "ticker": {
    "uuid": "df112371-e4af-44c2-a5a1-bf09464065d8",
    "symbol": "2012",
    "name": "Chun Yu Works & Co., Ltd.",
    "exchange": "TAI",
    "country": "TW",
    "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": "2026-08-21",
    "benchmark": "^TWII",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 63.203,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Balance after decline",
    "architecture_gate": "down",
    "architecture_direction": -35.411,
    "architecture_energy": 19.14,
    "architecture_maturity": 26.335,
    "architecture_confidence": 55.586,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 44.94,
        "rotation_up": 17.88,
        "upward_expansion": 20.74,
        "deceleration": 58.02,
        "rotation_down": 47.91,
        "downward_expansion": 57.07
      },
      "activity_lines": [
        15.213333,
        15.390909,
        15.209048,
        15.306452
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 15.0,
    "trend_reference": 15.606667,
    "distance_from_trend": -0.038872,
    "trend_direction": "Weakening",
    "fair_value": 20.007639,
    "distance_from_fair_value": -0.250286,
    "fair_value_direction": "Improving",
    "relative_strength": -31.979684,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.120235,
    "excess_performance": -0.465967,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.038872,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.005628,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.250286,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.064903,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.319797,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.12513,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.120235,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.418498,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 335154,
      "relative_activity": 0.761696,
      "balance": 5.418498,
      "dry_up": 0.685215,
      "accumulation_observations": 4,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.061538,
      "annualized_volatility": 0.288983,
      "from_high_reference": -0.180328,
      "from_low_reference": 0.079137
    },
    "levels": {
      "trend_reference": 15.606667,
      "fair_value_reference": 20.007639,
      "structural_low": 13.9,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 17,
        "median_return": 0.013566,
        "positive_rate": 0.647059,
        "directional_follow_through": 0.647059,
        "median_excess_return": -0.01057,
        "regime_survival": 0.588235,
        "best_return": 0.062551,
        "worst_return": -0.144351,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.041,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": -0.005618,
        "regime_survival": 0.375,
        "best_return": 0.077605,
        "worst_return": -0.187984,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.058586,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.011694,
        "regime_survival": 0.0,
        "best_return": 0.241685,
        "worst_return": -0.162,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.010561,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.09304,
        "regime_survival": 0.0,
        "best_return": 0.188409,
        "worst_return": -0.302125,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-17",
        "end": "2024-09-20",
        "tenure": "Established",
        "return": 0.09511,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-27",
        "end": "2024-10-18",
        "tenure": "New",
        "return": 0.003766,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-25",
        "end": "2024-11-01",
        "tenure": "New",
        "return": -0.017013,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-08",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": -0.046,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-01-17",
        "end": "2025-02-07",
        "tenure": "New",
        "return": -0.005964,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-14",
        "end": "2025-02-28",
        "tenure": "New",
        "return": 0.034884,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-03-07",
        "end": "2025-03-21",
        "tenure": "New",
        "return": -0.02682,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-28",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.004184,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2026-01-16",
        "tenure": "Extended",
        "return": -0.129597,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-01-23",
        "end": "2026-03-06",
        "tenure": "Developing",
        "return": -0.014706,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-13",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": -0.023256,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-05-08",
        "end": "2026-05-15",
        "tenure": "New",
        "return": -0.019868,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-22",
        "end": "2026-07-10",
        "tenure": "Developing",
        "return": 0.105634,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-17",
        "end": "2026-08-21",
        "tenure": "Developing",
        "return": -0.029126,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 22.266207,
        "volume": 162386,
        "typical_volume": 552198.2,
        "trend": 22.95794,
        "fair_value": 20.640009,
        "relative_strength": -3.759822,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -45.113982,
        "energy": 61.223991,
        "activity_lines": [
          22.813736,
          23.278453,
          23.648549,
          23.420712
        ]
      },
      {
        "date": "2023-08-25",
        "close": 22.038069,
        "volume": 175663,
        "typical_volume": 542356.85,
        "trend": 22.994213,
        "fair_value": 20.703388,
        "relative_strength": -5.35697,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.28222,
        "energy": 71.856794,
        "activity_lines": [
          22.491302,
          22.977165,
          23.489841,
          23.361366
        ]
      },
      {
        "date": "2023-09-01",
        "close": 22.220579,
        "volume": 150699,
        "typical_volume": 454294.7,
        "trend": 23.007228,
        "fair_value": 20.76818,
        "relative_strength": -5.534414,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.808321,
        "energy": 69.784676,
        "activity_lines": [
          22.317918,
          22.756494,
          23.347525,
          23.311454
        ]
      },
      {
        "date": "2023-09-08",
        "close": 22.17495,
        "volume": 203595,
        "typical_volume": 407637.6,
        "trend": 23.039262,
        "fair_value": 20.832193,
        "relative_strength": -5.302025,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.790891,
        "energy": 69.434836,
        "activity_lines": [
          22.205369,
          22.575643,
          23.212837,
          23.257759
        ]
      },
      {
        "date": "2023-09-15",
        "close": 22.266207,
        "volume": 118293,
        "typical_volume": 371218.35,
        "trend": 23.065534,
        "fair_value": 20.896305,
        "relative_strength": -6.773564,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.514621,
        "energy": 60.427353,
        "activity_lines": [
          22.202328,
          22.457012,
          23.090227,
          23.207884
        ]
      },
      {
        "date": "2023-09-22",
        "close": 22.17495,
        "volume": 85672,
        "typical_volume": 361674.05,
        "trend": 23.084364,
        "fair_value": 20.959588,
        "relative_strength": -3.879719,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.492717,
        "energy": 43.404923,
        "activity_lines": [
          22.196244,
          22.354972,
          22.967748,
          23.150427
        ]
      },
      {
        "date": "2023-09-29",
        "close": 21.49054,
        "volume": 177367,
        "typical_volume": 348045.85,
        "trend": 23.087716,
        "fair_value": 21.015806,
        "relative_strength": -6.816566,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -80.904184,
        "energy": 62.280595,
        "activity_lines": [
          21.968107,
          22.155041,
          22.788715,
          23.0476
        ]
      },
      {
        "date": "2023-10-06",
        "close": 20.532362,
        "volume": 240091,
        "typical_volume": 333145.8,
        "trend": 23.056194,
        "fair_value": 21.064665,
        "relative_strength": -11.623992,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.248207,
        "energy": 85.598487,
        "activity_lines": [
          21.457079,
          21.814909,
          22.52654,
          22.882738
        ]
      },
      {
        "date": "2023-10-13",
        "close": 20.669245,
        "volume": 127641,
        "typical_volume": 316455.2,
        "trend": 23.032169,
        "fair_value": 21.117809,
        "relative_strength": -12.203813,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.800647,
        "energy": 89.884633,
        "activity_lines": [
          21.104227,
          21.551099,
          22.293223,
          22.728742
        ]
      },
      {
        "date": "2023-10-20",
        "close": 20.304224,
        "volume": 274088,
        "typical_volume": 312336.9,
        "trend": 22.990108,
        "fair_value": 21.168856,
        "relative_strength": -11.680392,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.173746,
        "energy": 91.423993,
        "activity_lines": [
          20.730081,
          21.269868,
          22.039891,
          22.552745
        ]
      },
      {
        "date": "2023-10-27",
        "close": 20.258598,
        "volume": 167386,
        "typical_volume": 278320.4,
        "trend": 22.940658,
        "fair_value": 21.216934,
        "relative_strength": -9.918258,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.204489,
        "energy": 89.589543,
        "activity_lines": [
          20.471526,
          21.02348,
          21.799541,
          22.376519
        ]
      },
      {
        "date": "2023-11-03",
        "close": 19.984833,
        "volume": 51825,
        "typical_volume": 233351.7,
        "trend": 22.879148,
        "fair_value": 21.264717,
        "relative_strength": -12.809025,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.801691,
        "energy": 87.852425,
        "activity_lines": [
          20.249472,
          20.763818,
          21.554852,
          22.18582
        ]
      },
      {
        "date": "2023-11-10",
        "close": 20.076088,
        "volume": 131565,
        "typical_volume": 226447.8,
        "trend": 22.723854,
        "fair_value": 21.313816,
        "relative_strength": -13.0227,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.770694,
        "energy": 78.065747,
        "activity_lines": [
          20.158217,
          20.55808,
          21.341055,
          22.004978
        ]
      },
      {
        "date": "2023-11-17",
        "close": 20.486734,
        "volume": 219254,
        "typical_volume": 214269.1,
        "trend": 22.643864,
        "fair_value": 21.366764,
        "relative_strength": -13.744483,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.605904,
        "energy": 64.669103,
        "activity_lines": [
          20.234263,
          20.465995,
          21.189181,
          21.860647
        ]
      },
      {
        "date": "2023-11-24",
        "close": 21.308029,
        "volume": 327628,
        "typical_volume": 208394.7,
        "trend": 22.550173,
        "fair_value": 21.425463,
        "relative_strength": -10.534707,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.130521,
        "energy": 44.45194,
        "activity_lines": [
          20.596241,
          20.553932,
          21.135514,
          21.774464
        ]
      },
      {
        "date": "2023-12-01",
        "close": 21.353657,
        "volume": 181962,
        "typical_volume": 196124.2,
        "trend": 22.462404,
        "fair_value": 21.484211,
        "relative_strength": -10.985436,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.003693,
        "energy": 29.395896,
        "activity_lines": [
          20.906507,
          20.667585,
          21.099447,
          21.69727
        ]
      },
      {
        "date": "2023-12-08",
        "close": 21.353657,
        "volume": 127548,
        "typical_volume": 188323.1,
        "trend": 22.401043,
        "fair_value": 21.541012,
        "relative_strength": -10.551953,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.879193,
        "energy": 27.307838,
        "activity_lines": [
          21.14377,
          20.796172,
          21.074243,
          21.625738
        ]
      },
      {
        "date": "2023-12-15",
        "close": 23.589403,
        "volume": 1212217,
        "typical_volume": 231673.75,
        "trend": 22.3922,
        "fair_value": 21.609468,
        "relative_strength": -2.786794,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 20.184199,
        "energy": 31.459815,
        "activity_lines": [
          22.035027,
          21.333747,
          21.271527,
          21.702406
        ]
      },
      {
        "date": "2023-12-22",
        "close": 22.676853,
        "volume": 1012956,
        "typical_volume": 270303.25,
        "trend": 22.355873,
        "fair_value": 21.67037,
        "relative_strength": -5.995277,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 25.710165,
        "energy": 35.964986,
        "activity_lines": [
          22.387879,
          21.64982,
          21.380816,
          21.720771
        ]
      },
      {
        "date": "2023-12-29",
        "close": 23.041872,
        "volume": 309436,
        "typical_volume": 272863.6,
        "trend": 22.325845,
        "fair_value": 21.72923,
        "relative_strength": -6.013041,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.212909,
        "energy": 41.137242,
        "activity_lines": [
          22.716397,
          21.995759,
          21.528127,
          21.765029
        ]
      },
      {
        "date": "2024-01-05",
        "close": 22.311834,
        "volume": 131213,
        "typical_volume": 271304.95,
        "trend": 22.242141,
        "fair_value": 21.78268,
        "relative_strength": -6.562192,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.356552,
        "energy": 40.810472,
        "activity_lines": [
          22.685979,
          22.159189,
          21.604173,
          21.764125
        ]
      },
      {
        "date": "2024-01-12",
        "close": 22.083696,
        "volume": 100312,
        "typical_volume": 267537.4,
        "trend": 22.1567,
        "fair_value": 21.831747,
        "relative_strength": -7.235034,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 20.288928,
        "energy": 30.984722,
        "activity_lines": [
          22.515636,
          22.243807,
          21.658274,
          21.753903
        ]
      },
      {
        "date": "2024-01-19",
        "close": 21.125519,
        "volume": 427165,
        "typical_volume": 281360.7,
        "trend": 22.031985,
        "fair_value": 21.861285,
        "relative_strength": -11.837826,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -10.109634,
        "energy": 9.673746,
        "activity_lines": [
          21.977232,
          22.11605,
          21.620903,
          21.687375
        ]
      },
      {
        "date": "2024-01-26",
        "close": 20.988636,
        "volume": 118969,
        "typical_volume": 277129.4,
        "trend": 21.908791,
        "fair_value": 21.900168,
        "relative_strength": -13.645187,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.013263,
        "energy": 20.259159,
        "activity_lines": [
          21.557459,
          21.944325,
          21.57571,
          21.620062
        ]
      },
      {
        "date": "2024-02-02",
        "close": 21.216774,
        "volume": 194421,
        "typical_volume": 280935.8,
        "trend": 21.812973,
        "fair_value": 21.945382,
        "relative_strength": -12.741538,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -38.121948,
        "energy": 29.718003,
        "activity_lines": [
          21.32628,
          21.804954,
          21.557894,
          21.575416
        ]
      },
      {
        "date": "2024-02-09",
        "close": 20.988636,
        "volume": 74500,
        "typical_volume": 280377.2,
        "trend": 21.72476,
        "fair_value": 21.994001,
        "relative_strength": -13.603921,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -36.052399,
        "energy": 31.133186,
        "activity_lines": [
          21.140728,
          21.625762,
          21.523347,
          21.522233
        ]
      },
      {
        "date": "2024-02-16",
        "close": 21.444912,
        "volume": 93619,
        "typical_volume": 276189.8,
        "trend": 21.660882,
        "fair_value": 22.046519,
        "relative_strength": -13.860852,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -39.911224,
        "energy": 27.235946,
        "activity_lines": [
          21.195481,
          21.536166,
          21.537905,
          21.504178
        ]
      },
      {
        "date": "2024-02-23",
        "close": 21.216774,
        "volume": 196142,
        "typical_volume": 273992.35,
        "trend": 21.589399,
        "fair_value": 22.095384,
        "relative_strength": -15.721427,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -39.805243,
        "energy": 24.962214,
        "activity_lines": [
          21.216774,
          21.403432,
          21.530952,
          21.475526
        ]
      },
      {
        "date": "2024-03-01",
        "close": 21.2624,
        "volume": 166860,
        "typical_volume": 275953.3,
        "trend": 21.519436,
        "fair_value": 22.14016,
        "relative_strength": -15.446635,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.352646,
        "energy": 14.770024,
        "activity_lines": [
          21.247192,
          21.322132,
          21.525085,
          21.454429
        ]
      },
      {
        "date": "2024-03-08",
        "close": 21.171148,
        "volume": 342082,
        "typical_volume": 279353.0,
        "trend": 21.469246,
        "fair_value": 22.183621,
        "relative_strength": -19.056608,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.826412,
        "energy": 12.323968,
        "activity_lines": [
          21.228941,
          21.249958,
          21.507703,
          21.431959
        ]
      },
      {
        "date": "2024-03-15",
        "close": 20.806126,
        "volume": 169008,
        "typical_volume": 279434.1,
        "trend": 21.420577,
        "fair_value": 22.224011,
        "relative_strength": -19.65431,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.681461,
        "energy": 24.55344,
        "activity_lines": [
          21.092059,
          21.145429,
          21.45143,
          21.389177
        ]
      },
      {
        "date": "2024-03-22",
        "close": 20.897383,
        "volume": 189094,
        "typical_volume": 286297.55,
        "trend": 21.382554,
        "fair_value": 22.262796,
        "relative_strength": -21.108463,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.722837,
        "energy": 28.978994,
        "activity_lines": [
          20.997762,
          21.084869,
          21.401239,
          21.355423
        ]
      },
      {
        "date": "2024-03-29",
        "close": 20.988636,
        "volume": 154813,
        "typical_volume": 287459.95,
        "trend": 21.341489,
        "fair_value": 22.301436,
        "relative_strength": -20.630112,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.209422,
        "energy": 30.780894,
        "activity_lines": [
          20.970386,
          21.06247,
          21.355395,
          21.330009
        ]
      },
      {
        "date": "2024-04-05",
        "close": 21.444912,
        "volume": 504511,
        "typical_volume": 301722.8,
        "trend": 21.317155,
        "fair_value": 22.338826,
        "relative_strength": -18.687891,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.668453,
        "energy": 9.4854,
        "activity_lines": [
          21.11031,
          21.125519,
          21.348659,
          21.336681
        ]
      },
      {
        "date": "2024-04-12",
        "close": 21.764305,
        "volume": 704453,
        "typical_volume": 320564.05,
        "trend": 21.300425,
        "fair_value": 22.378263,
        "relative_strength": -18.456075,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 17.487923,
        "energy": 9.431347,
        "activity_lines": [
          21.344532,
          21.238344,
          21.367779,
          21.36553
        ]
      },
      {
        "date": "2024-04-19",
        "close": 21.353657,
        "volume": 279520,
        "typical_volume": 325441.95,
        "trend": 21.273048,
        "fair_value": 22.410051,
        "relative_strength": -14.56288,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 1.891554,
        "energy": 7.133231,
        "activity_lines": [
          21.402326,
          21.26655,
          21.345618,
          21.368964
        ]
      },
      {
        "date": "2024-04-26",
        "close": 22.038069,
        "volume": 234028,
        "typical_volume": 330765.95,
        "trend": 21.291299,
        "fair_value": 22.420141,
        "relative_strength": -13.838744,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.70863,
        "energy": 29.241629,
        "activity_lines": [
          21.651757,
          21.412558,
          21.388638,
          21.41832
        ]
      },
      {
        "date": "2024-05-03",
        "close": 22.083696,
        "volume": 213591,
        "typical_volume": 280834.65,
        "trend": 21.34301,
        "fair_value": 22.434787,
        "relative_strength": -13.967285,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.146028,
        "energy": 42.167349,
        "activity_lines": [
          21.84035,
          21.556077,
          21.432744,
          21.469442
        ]
      },
      {
        "date": "2024-05-10",
        "close": 22.129322,
        "volume": 197607,
        "typical_volume": 240067.2,
        "trend": 21.391679,
        "fair_value": 22.410096,
        "relative_strength": -14.810482,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.080076,
        "energy": 48.364262,
        "activity_lines": [
          21.971148,
          21.692129,
          21.488366,
          21.520172
        ]
      },
      {
        "date": "2024-05-17",
        "close": 22.266207,
        "volume": 301715,
        "typical_volume": 239681.15,
        "trend": 21.457079,
        "fair_value": 22.405596,
        "relative_strength": -15.948968,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.521348,
        "energy": 53.041628,
        "activity_lines": [
          22.101947,
          21.837308,
          21.559632,
          21.576593
        ]
      },
      {
        "date": "2024-05-24",
        "close": 21.444912,
        "volume": 286840,
        "typical_volume": 247462.5,
        "trend": 21.496623,
        "fair_value": 22.423923,
        "relative_strength": -19.648647,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.502848,
        "energy": 28.350808,
        "activity_lines": [
          21.925521,
          21.81325,
          21.556373,
          21.575808
        ]
      },
      {
        "date": "2024-05-31",
        "close": 22.311834,
        "volume": 199371,
        "typical_volume": 252415.45,
        "trend": 21.574189,
        "fair_value": 22.437022,
        "relative_strength": -14.351283,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.254553,
        "energy": 31.548552,
        "activity_lines": [
          22.031985,
          21.9352,
          21.639806,
          21.628403
        ]
      },
      {
        "date": "2024-06-07",
        "close": 22.038069,
        "volume": 191446,
        "typical_volume": 240629.5,
        "trend": 21.639589,
        "fair_value": 22.436076,
        "relative_strength": -17.454251,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.401008,
        "energy": 26.913839,
        "activity_lines": [
          22.028944,
          21.981657,
          21.69608,
          21.65833
        ]
      },
      {
        "date": "2024-06-14",
        "close": 22.17495,
        "volume": 335479,
        "typical_volume": 251455.0,
        "trend": 21.695863,
        "fair_value": 22.437763,
        "relative_strength": -18.763913,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": 24.595932,
        "energy": 16.005963,
        "activity_lines": [
          22.074571,
          22.033921,
          21.761045,
          21.69287
        ]
      },
      {
        "date": "2024-06-21",
        "close": 23.178755,
        "volume": 723501,
        "typical_volume": 277909.0,
        "trend": 21.75822,
        "fair_value": 22.445132,
        "relative_strength": -17.231549,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.13905,
        "energy": 51.154477,
        "activity_lines": [
          22.451757,
          22.255421,
          21.915961,
          21.78854
        ]
      },
      {
        "date": "2024-06-28",
        "close": 23.200266,
        "volume": 458574,
        "typical_volume": 297112.7,
        "trend": 21.819774,
        "fair_value": 22.453894,
        "relative_strength": -15.751255,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.101198,
        "energy": 57.654071,
        "activity_lines": [
          22.775278,
          22.455116,
          22.063583,
          21.881576
        ]
      },
      {
        "date": "2024-07-05",
        "close": 23.721087,
        "volume": 334131,
        "typical_volume": 309138.3,
        "trend": 21.898688,
        "fair_value": 22.457215,
        "relative_strength": -15.178803,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.892616,
        "energy": 73.784229,
        "activity_lines": [
          23.155382,
          22.71593,
          22.250275,
          22.004241
        ]
      },
      {
        "date": "2024-07-12",
        "close": 23.768435,
        "volume": 493043,
        "typical_volume": 323983.35,
        "trend": 21.904656,
        "fair_value": 22.435005,
        "relative_strength": -15.780194,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.395486,
        "energy": 77.654234,
        "activity_lines": [
          23.457319,
          22.954753,
          22.430638,
          22.12487
        ]
      },
      {
        "date": "2024-07-19",
        "close": 23.531698,
        "volume": 574205,
        "typical_volume": 344350.6,
        "trend": 21.933151,
        "fair_value": 22.411026,
        "relative_strength": -12.309418,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.694136,
        "energy": 71.990647,
        "activity_lines": [
          23.564985,
          23.119901,
          22.576304,
          22.22984
        ]
      },
      {
        "date": "2024-07-26",
        "close": 23.389656,
        "volume": 332242,
        "typical_volume": 343858.6,
        "trend": 21.944743,
        "fair_value": 22.382876,
        "relative_strength": -9.447616,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.658408,
        "energy": 66.667493,
        "activity_lines": [
          23.534854,
          23.233725,
          22.697635,
          22.323808
        ]
      },
      {
        "date": "2024-08-02",
        "close": 24.241911,
        "volume": 408254,
        "typical_volume": 355820.9,
        "trend": 22.009079,
        "fair_value": 22.365708,
        "relative_strength": -3.638265,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.30218,
        "energy": 59.778253,
        "activity_lines": [
          23.774749,
          23.482079,
          22.88957,
          22.472013
        ]
      },
      {
        "date": "2024-08-09",
        "close": 24.052519,
        "volume": 603278,
        "typical_volume": 376530.1,
        "trend": 22.074707,
        "fair_value": 22.353847,
        "relative_strength": -3.24497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.070714,
        "energy": 46.283889,
        "activity_lines": [
          23.882069,
          23.645143,
          23.047106,
          22.603847
        ]
      },
      {
        "date": "2024-08-16",
        "close": 25.520292,
        "volume": 943371,
        "typical_volume": 415958.0,
        "trend": 22.221199,
        "fair_value": 22.353903,
        "relative_strength": -1.027038,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.450796,
        "energy": 57.53094,
        "activity_lines": [
          24.456552,
          24.043426,
          23.329406,
          22.826143
        ]
      },
      {
        "date": "2024-08-23",
        "close": 26.088461,
        "volume": 1728827,
        "typical_volume": 477173.8,
        "trend": 22.391193,
        "fair_value": 22.360611,
        "relative_strength": 2.322309,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.650623,
        "energy": 80.966139,
        "activity_lines": [
          25.103634,
          24.4817,
          23.644238,
          23.075644
        ]
      },
      {
        "date": "2024-08-30",
        "close": 25.520292,
        "volume": 771473,
        "typical_volume": 480524.8,
        "trend": 22.534644,
        "fair_value": 22.374462,
        "relative_strength": -0.085261,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.833469,
        "energy": 78.531033,
        "activity_lines": [
          25.390875,
          24.745515,
          23.882846,
          23.277521
        ]
      },
      {
        "date": "2024-09-06",
        "close": 23.531698,
        "volume": 817570,
        "typical_volume": 507427.3,
        "trend": 22.619413,
        "fair_value": 22.36779,
        "relative_strength": -3.904376,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.443317,
        "energy": 51.632851,
        "activity_lines": [
          24.87321,
          24.605194,
          23.914179,
          23.341847
        ]
      },
      {
        "date": "2024-09-13",
        "close": 24.005173,
        "volume": 388655,
        "typical_volume": 515158.65,
        "trend": 22.704755,
        "fair_value": 22.35989,
        "relative_strength": -3.085584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.234411,
        "energy": 38.160855,
        "activity_lines": [
          24.560716,
          24.544934,
          23.980233,
          23.431251
        ]
      },
      {
        "date": "2024-09-20",
        "close": 24.383953,
        "volume": 471528,
        "typical_volume": 528055.5,
        "trend": 22.810327,
        "fair_value": 22.356674,
        "relative_strength": -2.911901,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.285105,
        "energy": 23.047123,
        "activity_lines": [
          24.37764,
          24.548377,
          24.072994,
          23.539587
        ]
      },
      {
        "date": "2024-09-27",
        "close": 25.141512,
        "volume": 736520,
        "typical_volume": 555001.15,
        "trend": 22.939631,
        "fair_value": 22.358566,
        "relative_strength": -2.453492,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.737487,
        "energy": 24.992829,
        "activity_lines": [
          24.522839,
          24.678368,
          24.22695,
          23.689986
        ]
      },
      {
        "date": "2024-10-04",
        "close": 24.99947,
        "volume": 403510,
        "typical_volume": 560090.9,
        "trend": 23.067242,
        "fair_value": 22.365567,
        "relative_strength": -0.536257,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.181905,
        "energy": 29.126754,
        "activity_lines": [
          24.68382,
          24.753263,
          24.353034,
          23.822879
        ]
      },
      {
        "date": "2024-10-11",
        "close": 24.005173,
        "volume": 481731,
        "typical_volume": 569835.45,
        "trend": 23.173877,
        "fair_value": 22.372716,
        "relative_strength": -6.697942,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.747476,
        "energy": 24.592847,
        "activity_lines": [
          24.548091,
          24.618107,
          24.371408,
          23.88339
        ]
      },
      {
        "date": "2024-10-18",
        "close": 25.236206,
        "volume": 629121,
        "typical_volume": 591322.95,
        "trend": 23.318504,
        "fair_value": 22.390766,
        "relative_strength": -4.095367,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.621997,
        "energy": 35.292159,
        "activity_lines": [
          24.791141,
          24.71108,
          24.494831,
          24.016444
        ]
      },
      {
        "date": "2024-10-25",
        "close": 25.046818,
        "volume": 1079601,
        "typical_volume": 635730.7,
        "trend": 23.453777,
        "fair_value": 22.404341,
        "relative_strength": -3.947677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.887428,
        "energy": 31.280665,
        "activity_lines": [
          24.888992,
          24.748098,
          24.586292,
          24.127948
        ]
      },
      {
        "date": "2024-11-01",
        "close": 24.620689,
        "volume": 527491,
        "typical_volume": 645331.3,
        "trend": 23.559636,
        "fair_value": 22.420953,
        "relative_strength": -3.009238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.037173,
        "energy": 25.146273,
        "activity_lines": [
          24.80061,
          24.716246,
          24.622842,
          24.203232
        ]
      },
      {
        "date": "2024-11-08",
        "close": 23.67374,
        "volume": 731099,
        "typical_volume": 645711.2,
        "trend": 23.623284,
        "fair_value": 22.428235,
        "relative_strength": -9.493747,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.955601,
        "energy": 8.949994,
        "activity_lines": [
          24.4313,
          24.538908,
          24.55756,
          24.210594
        ]
      },
      {
        "date": "2024-11-15",
        "close": 22.916182,
        "volume": 769503,
        "typical_volume": 661257.65,
        "trend": 23.675368,
        "fair_value": 22.427399,
        "relative_strength": -8.97712,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -6.616635,
        "energy": 14.111782,
        "activity_lines": [
          23.897852,
          24.257406,
          24.417772,
          24.164975
        ]
      },
      {
        "date": "2024-11-22",
        "close": 24.147215,
        "volume": 567660,
        "typical_volume": 672934.1,
        "trend": 23.745673,
        "fair_value": 22.424924,
        "relative_strength": -4.468048,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.321142,
        "energy": 17.260994,
        "activity_lines": [
          23.847348,
          24.210919,
          24.396579,
          24.195416
        ]
      },
      {
        "date": "2024-11-29",
        "close": 25.046818,
        "volume": 866576,
        "typical_volume": 691610.75,
        "trend": 23.844444,
        "fair_value": 22.435991,
        "relative_strength": 2.12474,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.015974,
        "energy": 17.086564,
        "activity_lines": [
          24.169311,
          24.325414,
          24.459032,
          24.279361
        ]
      },
      {
        "date": "2024-12-06",
        "close": 24.336605,
        "volume": 456535,
        "typical_volume": 685727.25,
        "trend": 23.91802,
        "fair_value": 22.440038,
        "relative_strength": -4.454569,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.689857,
        "energy": 9.103151,
        "activity_lines": [
          24.254536,
          24.298727,
          24.447759,
          24.311113
        ]
      },
      {
        "date": "2024-12-13",
        "close": 24.573343,
        "volume": 349895,
        "typical_volume": 686609.9,
        "trend": 23.994924,
        "fair_value": 22.444074,
        "relative_strength": -2.343998,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.940185,
        "energy": 17.802688,
        "activity_lines": [
          24.437613,
          24.329718,
          24.455199,
          24.353392
        ]
      },
      {
        "date": "2024-12-20",
        "close": 23.768435,
        "volume": 329078,
        "typical_volume": 682651.1,
        "trend": 24.072375,
        "fair_value": 22.443969,
        "relative_strength": -3.004447,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.880105,
        "energy": 11.339939,
        "activity_lines": [
          24.292414,
          24.22211,
          24.380345,
          24.33878
        ]
      },
      {
        "date": "2024-12-27",
        "close": 23.626392,
        "volume": 196264,
        "typical_volume": 662300.4,
        "trend": 24.116194,
        "fair_value": 22.43658,
        "relative_strength": -6.307934,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.347119,
        "energy": 14.146317,
        "activity_lines": [
          24.04305,
          24.092981,
          24.294218,
          24.310007
        ]
      },
      {
        "date": "2025-01-03",
        "close": 22.774137,
        "volume": 276394,
        "typical_volume": 628951.55,
        "trend": 24.140729,
        "fair_value": 22.423217,
        "relative_strength": -7.781885,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -37.005706,
        "energy": 42.599099,
        "activity_lines": [
          23.544323,
          23.838165,
          24.128952,
          24.223423
        ]
      },
      {
        "date": "2025-01-10",
        "close": 22.584749,
        "volume": 284902,
        "typical_volume": 556755.3,
        "trend": 24.154389,
        "fair_value": 22.409916,
        "relative_strength": -8.504023,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -67.890081,
        "energy": 65.800874,
        "activity_lines": [
          23.133979,
          23.590237,
          23.958727,
          24.123037
        ]
      },
      {
        "date": "2025-01-17",
        "close": 23.815783,
        "volume": 441926,
        "typical_volume": 540277.95,
        "trend": 24.175624,
        "fair_value": 22.40986,
        "relative_strength": -3.798413,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.142792,
        "energy": 55.201491,
        "activity_lines": [
          23.250769,
          23.603149,
          23.922427,
          24.101191
        ]
      },
      {
        "date": "2025-01-24",
        "close": 23.815783,
        "volume": 55203,
        "typical_volume": 502159.6,
        "trend": 24.196141,
        "fair_value": 22.407254,
        "relative_strength": -5.078536,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.907552,
        "energy": 45.481538,
        "activity_lines": [
          23.418064,
          23.61348,
          23.894244,
          24.077976
        ]
      },
      {
        "date": "2025-02-07",
        "close": 23.67374,
        "volume": 252219,
        "typical_volume": 495337.8,
        "trend": 24.194563,
        "fair_value": 22.409092,
        "relative_strength": -5.170564,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.884627,
        "energy": 25.206767,
        "activity_lines": [
          23.534854,
          23.581628,
          23.851181,
          24.044273
        ]
      },
      {
        "date": "2025-02-14",
        "close": 24.431299,
        "volume": 1406624,
        "typical_volume": 542092.6,
        "trend": 24.216658,
        "fair_value": 22.42012,
        "relative_strength": -0.571363,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.129633,
        "energy": 14.871406,
        "activity_lines": [
          23.901008,
          23.696123,
          23.881844,
          24.059546
        ]
      },
      {
        "date": "2025-02-21",
        "close": 25.378248,
        "volume": 1050702,
        "typical_volume": 557801.7,
        "trend": 24.27821,
        "fair_value": 22.427276,
        "relative_strength": 0.920245,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.258188,
        "energy": 19.599263,
        "activity_lines": [
          24.472334,
          23.993981,
          24.002467,
          24.134487
        ]
      },
      {
        "date": "2025-02-28",
        "close": 25.283556,
        "volume": 898321,
        "typical_volume": 582542.25,
        "trend": 24.34134,
        "fair_value": 22.432039,
        "relative_strength": 3.546397,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.360767,
        "energy": 30.27203,
        "activity_lines": [
          24.825862,
          24.255684,
          24.112944,
          24.199348
        ]
      },
      {
        "date": "2025-03-07",
        "close": 24.715385,
        "volume": 378984,
        "typical_volume": 577404.9,
        "trend": 24.357122,
        "fair_value": 22.43316,
        "relative_strength": 3.411379,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 17.987207,
        "energy": 35.541069,
        "activity_lines": [
          24.892149,
          24.40117,
          24.167958,
          24.22348
        ]
      },
      {
        "date": "2025-03-14",
        "close": 24.762732,
        "volume": 530903,
        "typical_volume": 572494.0,
        "trend": 24.380796,
        "fair_value": 22.425661,
        "relative_strength": 6.36666,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 17.82039,
        "energy": 36.856991,
        "activity_lines": [
          24.914244,
          24.538047,
          24.224098,
          24.249649
        ]
      },
      {
        "date": "2025-03-21",
        "close": 24.052519,
        "volume": 573773,
        "typical_volume": 547202.6,
        "trend": 24.33187,
        "fair_value": 22.418964,
        "relative_strength": 2.1466,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 7.596372,
        "energy": 12.141966,
        "activity_lines": [
          24.627003,
          24.525134,
          24.214854,
          24.228469
        ]
      },
      {
        "date": "2025-03-28",
        "close": 22.632095,
        "volume": 819543,
        "typical_volume": 561805.2,
        "trend": 24.216658,
        "fair_value": 22.400102,
        "relative_strength": -1.214678,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -33.025809,
        "energy": 20.482693,
        "activity_lines": [
          23.891538,
          24.230718,
          24.075066,
          24.118806
        ]
      },
      {
        "date": "2025-04-04",
        "close": 22.537399,
        "volume": 285701,
        "typical_volume": 539535.3,
        "trend": 24.117228,
        "fair_value": 22.377573,
        "relative_strength": -0.264167,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -64.169208,
        "energy": 41.135234,
        "activity_lines": [
          23.307585,
          23.918225,
          23.935729,
          24.010467
        ]
      },
      {
        "date": "2025-04-11",
        "close": 19.933289,
        "volume": 1224310,
        "typical_volume": 562275.65,
        "trend": 23.997281,
        "fair_value": 22.34703,
        "relative_strength": -3.736766,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.143651,
        "energy": 75.70222,
        "activity_lines": [
          22.038673,
          23.1555,
          23.553793,
          23.740536
        ]
      },
      {
        "date": "2025-04-18",
        "close": 19.69655,
        "volume": 244330,
        "typical_volume": 546109.15,
        "trend": 23.853661,
        "fair_value": 22.312603,
        "relative_strength": -4.165012,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.160735,
        "energy": 86.430454,
        "activity_lines": [
          21.009654,
          22.420322,
          23.163514,
          23.463069
        ]
      },
      {
        "date": "2025-04-25",
        "close": 19.36512,
        "volume": 109819,
        "typical_volume": 508271.3,
        "trend": 23.686366,
        "fair_value": 22.26632,
        "relative_strength": -7.843373,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.300844,
        "energy": 91.244502,
        "activity_lines": [
          20.207904,
          21.697198,
          22.762864,
          23.173486
        ]
      },
      {
        "date": "2025-05-02",
        "close": 20.122679,
        "volume": 94044,
        "typical_volume": 490146.75,
        "trend": 23.519072,
        "fair_value": 22.230154,
        "relative_strength": -8.240487,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.602758,
        "energy": 86.467356,
        "activity_lines": [
          19.971167,
          21.203923,
          22.461419,
          22.94357
        ]
      },
      {
        "date": "2025-05-09",
        "close": 19.7439,
        "volume": 168235,
        "typical_volume": 481063.75,
        "trend": 23.343886,
        "fair_value": 22.199186,
        "relative_strength": -10.283502,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.821755,
        "energy": 85.227995,
        "activity_lines": [
          19.775464,
          20.737335,
          22.143965,
          22.700011
        ]
      },
      {
        "date": "2025-05-16",
        "close": 19.838594,
        "volume": 138398,
        "typical_volume": 471529.75,
        "trend": 23.205,
        "fair_value": 22.172243,
        "relative_strength": -13.431904,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.248691,
        "energy": 77.50369,
        "activity_lines": [
          19.79756,
          20.388686,
          21.858528,
          22.473863
        ]
      },
      {
        "date": "2025-05-23",
        "close": 19.885942,
        "volume": 79254,
        "typical_volume": 465679.25,
        "trend": 23.026658,
        "fair_value": 22.154546,
        "relative_strength": -12.250572,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.630743,
        "energy": 58.254721,
        "activity_lines": [
          19.841751,
          20.137314,
          21.596313,
          22.25973
        ]
      },
      {
        "date": "2025-05-30",
        "close": 19.7439,
        "volume": 98439,
        "typical_volume": 456781.5,
        "trend": 22.849894,
        "fair_value": 22.133835,
        "relative_strength": -11.519803,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.654188,
        "energy": 56.606482,
        "activity_lines": [
          19.825969,
          19.948785,
          21.338382,
          22.04794
        ]
      },
      {
        "date": "2025-06-06",
        "close": 19.223076,
        "volume": 79466,
        "typical_volume": 446509.7,
        "trend": 22.669974,
        "fair_value": 22.107155,
        "relative_strength": -14.839592,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.314253,
        "energy": 57.588499,
        "activity_lines": [
          19.611326,
          19.743899,
          21.045278,
          21.813951
        ]
      },
      {
        "date": "2025-06-13",
        "close": 18.98634,
        "volume": 55155,
        "typical_volume": 427171.15,
        "trend": 22.513727,
        "fair_value": 22.079747,
        "relative_strength": -17.233301,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.153584,
        "energy": 59.207325,
        "activity_lines": [
          19.377745,
          19.557953,
          20.745637,
          21.576298
        ]
      },
      {
        "date": "2025-06-20",
        "close": 17.992043,
        "volume": 244831,
        "typical_volume": 436652.55,
        "trend": 22.349589,
        "fair_value": 22.045439,
        "relative_strength": -21.22424,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.801071,
        "energy": 66.858053,
        "activity_lines": [
          18.863236,
          19.25579,
          20.374297,
          21.284576
        ]
      },
      {
        "date": "2025-06-27",
        "close": 18.181433,
        "volume": 248207,
        "typical_volume": 436451.95,
        "trend": 22.150729,
        "fair_value": 22.022601,
        "relative_strength": -22.001416,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.409266,
        "energy": 75.817711,
        "activity_lines": [
          18.534961,
          19.023357,
          20.048727,
          21.015663
        ]
      },
      {
        "date": "2025-07-04",
        "close": 17.992043,
        "volume": 247578,
        "typical_volume": 378499.65,
        "trend": 21.91557,
        "fair_value": 21.998813,
        "relative_strength": -22.399762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.035643,
        "energy": 76.366663,
        "activity_lines": [
          18.257189,
          18.784037,
          19.731273,
          20.74736
        ]
      },
      {
        "date": "2025-07-11",
        "close": 17.47122,
        "volume": 59301,
        "typical_volume": 328929.6,
        "trend": 21.686724,
        "fair_value": 21.979312,
        "relative_strength": -24.984833,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.373209,
        "energy": 91.743478,
        "activity_lines": [
          17.9226,
          18.474987,
          19.394881,
          20.460628
        ]
      },
      {
        "date": "2025-07-18",
        "close": 17.897346,
        "volume": 78367,
        "typical_volume": 287931.9,
        "trend": 21.464191,
        "fair_value": 21.962017,
        "relative_strength": -24.910323,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.475535,
        "energy": 85.471711,
        "activity_lines": [
          17.846843,
          18.291623,
          19.136724,
          20.216152
        ]
      },
      {
        "date": "2025-07-25",
        "close": 18.039389,
        "volume": 128608,
        "typical_volume": 275413.1,
        "trend": 21.273223,
        "fair_value": 21.949052,
        "relative_strength": -23.884751,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.466009,
        "energy": 78.430673,
        "activity_lines": [
          17.891034,
          18.167658,
          18.927268,
          19.995197
        ]
      },
      {
        "date": "2025-08-01",
        "close": 17.613264,
        "volume": 106153,
        "typical_volume": 254175.6,
        "trend": 21.072785,
        "fair_value": 21.936511,
        "relative_strength": -25.472607,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.040886,
        "energy": 74.377787,
        "activity_lines": [
          17.790026,
          17.998929,
          18.709019,
          19.759071
        ]
      },
      {
        "date": "2025-08-08",
        "close": 17.66061,
        "volume": 132748,
        "typical_volume": 232124.35,
        "trend": 20.902334,
        "fair_value": 21.925851,
        "relative_strength": -26.558641,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.083894,
        "energy": 61.051654,
        "activity_lines": [
          17.742679,
          17.88013,
          18.529324,
          19.53893
        ]
      },
      {
        "date": "2025-08-15",
        "close": 17.755304,
        "volume": 147307,
        "typical_volume": 198512.55,
        "trend": 20.741353,
        "fair_value": 21.916062,
        "relative_strength": -26.564061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.913478,
        "energy": 54.355232,
        "activity_lines": [
          17.748992,
          17.816426,
          18.389085,
          19.335896
        ]
      },
      {
        "date": "2025-08-22",
        "close": 17.85,
        "volume": 264504,
        "typical_volume": 197452.7,
        "trend": 20.542493,
        "fair_value": 21.902408,
        "relative_strength": -23.825455,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.736626,
        "energy": 50.954598,
        "activity_lines": [
          17.767931,
          17.796626,
          18.281087,
          19.149357
        ]
      },
      {
        "date": "2025-08-29",
        "close": 17.700001,
        "volume": 320547,
        "typical_volume": 152264.55,
        "trend": 20.338634,
        "fair_value": 21.886215,
        "relative_strength": -25.274889,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.618351,
        "energy": 47.395345,
        "activity_lines": [
          17.740027,
          17.770215,
          18.181125,
          18.965971
        ]
      },
      {
        "date": "2025-09-05",
        "close": 17.5,
        "volume": 344137,
        "typical_volume": 157254.9,
        "trend": 20.132843,
        "fair_value": 21.869529,
        "relative_strength": -26.281948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.650848,
        "energy": 46.530128,
        "activity_lines": [
          17.668081,
          17.712749,
          18.07275,
          18.782833
        ]
      },
      {
        "date": "2025-09-12",
        "close": 17.5,
        "volume": 147248,
        "typical_volume": 159126.35,
        "trend": 19.901799,
        "fair_value": 21.853369,
        "relative_strength": -28.535422,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.645823,
        "energy": 45.418928,
        "activity_lines": [
          17.603687,
          17.667673,
          17.974835,
          18.612972
        ]
      },
      {
        "date": "2025-09-19",
        "close": 17.200001,
        "volume": 113363,
        "typical_volume": 160092.3,
        "trend": 19.629191,
        "fair_value": 21.834944,
        "relative_strength": -29.437288,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.931832,
        "energy": 50.693981,
        "activity_lines": [
          17.45,
          17.576998,
          17.85723,
          18.438663
        ]
      },
      {
        "date": "2025-09-26",
        "close": 17.1,
        "volume": 149451,
        "typical_volume": 159153.1,
        "trend": 19.356406,
        "fair_value": 21.817811,
        "relative_strength": -29.236131,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.20949,
        "energy": 55.309627,
        "activity_lines": [
          17.3,
          17.473072,
          17.744019,
          18.275489
        ]
      },
      {
        "date": "2025-10-03",
        "close": 16.799999,
        "volume": 193182,
        "typical_volume": 161892.3,
        "trend": 19.09256,
        "fair_value": 21.800688,
        "relative_strength": -32.897801,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.818002,
        "energy": 67.383566,
        "activity_lines": [
          17.1,
          17.329098,
          17.614826,
          18.11056
        ]
      },
      {
        "date": "2025-10-10",
        "close": 16.5,
        "volume": 250257,
        "typical_volume": 170442.45,
        "trend": 18.817135,
        "fair_value": 21.781918,
        "relative_strength": -34.708349,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.219651,
        "energy": 77.841346,
        "activity_lines": [
          16.86,
          17.153113,
          17.471531,
          17.943298
        ]
      },
      {
        "date": "2025-10-17",
        "close": 16.15,
        "volume": 285569,
        "typical_volume": 179798.95,
        "trend": 18.553718,
        "fair_value": 21.76118,
        "relative_strength": -35.482253,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.236289,
        "energy": 84.240504,
        "activity_lines": [
          16.57,
          16.933733,
          17.311026,
          17.771224
        ]
      },
      {
        "date": "2025-10-24",
        "close": 15.8,
        "volume": 215872,
        "typical_volume": 186619.25,
        "trend": 18.325981,
        "fair_value": 21.739028,
        "relative_strength": -36.743319,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.147826,
        "energy": 91.549775,
        "activity_lines": [
          16.253333,
          16.678182,
          17.134302,
          17.593565
        ]
      },
      {
        "date": "2025-10-31",
        "close": 15.75,
        "volume": 359072,
        "typical_volume": 201815.1,
        "trend": 18.099735,
        "fair_value": 21.717659,
        "relative_strength": -37.830773,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.681693,
        "energy": 90.694457,
        "activity_lines": [
          16.013333,
          16.449091,
          16.969116,
          17.427373
        ]
      },
      {
        "date": "2025-11-07",
        "close": 15.6,
        "volume": 208558,
        "typical_volume": 200001.45,
        "trend": 17.955292,
        "fair_value": 21.695605,
        "relative_strength": -36.422996,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.871457,
        "energy": 89.820279,
        "activity_lines": [
          15.813333,
          16.230909,
          16.805056,
          17.2661
        ]
      },
      {
        "date": "2025-11-14",
        "close": 15.4,
        "volume": 290120,
        "typical_volume": 202097.1,
        "trend": 17.812073,
        "fair_value": 21.672545,
        "relative_strength": -36.042416,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.016978,
        "energy": 90.200409,
        "activity_lines": [
          15.626667,
          16.014545,
          16.633339,
          17.101242
        ]
      },
      {
        "date": "2025-11-21",
        "close": 15.0,
        "volume": 339468,
        "typical_volume": 206691.6,
        "trend": 17.666569,
        "fair_value": 21.645817,
        "relative_strength": -34.807345,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.677263,
        "energy": 86.673786,
        "activity_lines": [
          15.38,
          15.763636,
          16.436772,
          16.919818
        ]
      },
      {
        "date": "2025-11-28",
        "close": 15.05,
        "volume": 171813,
        "typical_volume": 212317.2,
        "trend": 17.49748,
        "fair_value": 21.615819,
        "relative_strength": -36.698607,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.2686,
        "energy": 77.467549,
        "activity_lines": [
          15.226667,
          15.567273,
          16.259214,
          16.751007
        ]
      },
      {
        "date": "2025-12-05",
        "close": 15.1,
        "volume": 92402,
        "typical_volume": 213018.95,
        "trend": 17.342683,
        "fair_value": 21.586417,
        "relative_strength": -36.461566,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.764805,
        "energy": 75.103162,
        "activity_lines": [
          15.14,
          15.419091,
          16.097947,
          16.596331
        ]
      },
      {
        "date": "2025-12-12",
        "close": 14.9,
        "volume": 154392,
        "typical_volume": 214308.15,
        "trend": 17.178064,
        "fair_value": 21.552144,
        "relative_strength": -37.043395,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.862956,
        "energy": 69.172041,
        "activity_lines": [
          15.03,
          15.270909,
          15.930954,
          16.438738
        ]
      },
      {
        "date": "2025-12-19",
        "close": 14.95,
        "volume": 226057,
        "typical_volume": 220303.35,
        "trend": 17.013532,
        "fair_value": 21.520737,
        "relative_strength": -34.900893,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.455385,
        "energy": 73.509547,
        "activity_lines": [
          14.983333,
          15.166364,
          15.783672,
          16.294992
        ]
      },
      {
        "date": "2025-12-26",
        "close": 15.3,
        "volume": 171056,
        "typical_volume": 222218.75,
        "trend": 16.865402,
        "fair_value": 21.488752,
        "relative_strength": -34.593525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.452024,
        "energy": 61.249188,
        "activity_lines": [
          15.083333,
          15.153636,
          15.682406,
          16.184442
        ]
      },
      {
        "date": "2026-01-02",
        "close": 16.799999,
        "volume": 930014,
        "typical_volume": 261354.1,
        "trend": 16.784633,
        "fair_value": 21.461586,
        "relative_strength": -29.389758,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.715312,
        "energy": 22.253972,
        "activity_lines": [
          15.663333,
          15.429091,
          15.735238,
          16.180222
        ]
      },
      {
        "date": "2026-01-09",
        "close": 17.0,
        "volume": 469050,
        "typical_volume": 271581.4,
        "trend": 16.718422,
        "fair_value": 21.435137,
        "relative_strength": -30.046226,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 0.676897,
        "energy": 20.914966,
        "activity_lines": [
          16.193333,
          15.722727,
          15.811667,
          16.194117
        ]
      },
      {
        "date": "2026-01-16",
        "close": 17.35,
        "volume": 350569,
        "typical_volume": 273082.5,
        "trend": 16.69702,
        "fair_value": 21.412625,
        "relative_strength": -30.435868,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 39.635686,
        "energy": 46.43016,
        "activity_lines": [
          16.713333,
          16.057273,
          15.925476,
          16.234864
        ]
      },
      {
        "date": "2026-01-23",
        "close": 17.0,
        "volume": 361910,
        "typical_volume": 273971.15,
        "trend": 16.657639,
        "fair_value": 21.387588,
        "relative_strength": -32.202143,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 26.929271,
        "energy": 44.534833,
        "activity_lines": [
          16.953333,
          16.296364,
          16.007619,
          16.254411
        ]
      },
      {
        "date": "2026-01-30",
        "close": 17.450001,
        "volume": 417565,
        "typical_volume": 287487.0,
        "trend": 16.639571,
        "fair_value": 21.365153,
        "relative_strength": -29.824147,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.34752,
        "energy": 57.792786,
        "activity_lines": [
          17.206667,
          16.588182,
          16.135,
          16.305531
        ]
      },
      {
        "date": "2026-02-06",
        "close": 16.700001,
        "volume": 266706,
        "typical_volume": 295154.15,
        "trend": 16.613864,
        "fair_value": 21.332267,
        "relative_strength": -31.425761,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.177873,
        "energy": 54.164654,
        "activity_lines": [
          17.066667,
          16.699091,
          16.191191,
          16.30943
        ]
      },
      {
        "date": "2026-02-13",
        "close": 17.049999,
        "volume": 94610,
        "typical_volume": 292412.1,
        "trend": 16.585619,
        "fair_value": 21.305575,
        "relative_strength": -32.862876,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.909365,
        "energy": 32.649361,
        "activity_lines": [
          17.05,
          16.843636,
          16.283095,
          16.337568
        ]
      },
      {
        "date": "2026-02-27",
        "close": 17.15,
        "volume": 285669,
        "typical_volume": 297036.45,
        "trend": 16.555973,
        "fair_value": 21.277832,
        "relative_strength": -34.949512,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.926209,
        "energy": 33.473953,
        "activity_lines": [
          17.063333,
          16.970909,
          16.384762,
          16.373979
        ]
      },
      {
        "date": "2026-03-06",
        "close": 16.75,
        "volume": 280998,
        "typical_volume": 298573.5,
        "trend": 16.527197,
        "fair_value": 21.246678,
        "relative_strength": -31.983739,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 16.798259,
        "energy": 18.035724,
        "activity_lines": [
          16.956667,
          16.984546,
          16.446667,
          16.386497
        ]
      },
      {
        "date": "2026-03-13",
        "close": 15.05,
        "volume": 495945,
        "typical_volume": 309092.3,
        "trend": 16.440177,
        "fair_value": 21.206036,
        "relative_strength": -37.465439,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.739554,
        "energy": 17.427799,
        "activity_lines": [
          16.3,
          16.656364,
          16.345476,
          16.291194
        ]
      },
      {
        "date": "2026-03-20",
        "close": 16.450001,
        "volume": 983202,
        "typical_volume": 347458.8,
        "trend": 16.396667,
        "fair_value": 21.173806,
        "relative_strength": -30.76407,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.820016,
        "energy": 10.632295,
        "activity_lines": [
          16.27,
          16.587273,
          16.382857,
          16.291828
        ]
      },
      {
        "date": "2026-03-27",
        "close": 15.8,
        "volume": 287227,
        "typical_volume": 343866.55,
        "trend": 16.328333,
        "fair_value": 21.137972,
        "relative_strength": -31.50705,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.911783,
        "energy": 19.693157,
        "activity_lines": [
          16.04,
          16.406364,
          16.355238,
          16.253333
        ]
      },
      {
        "date": "2026-04-03",
        "close": 15.5,
        "volume": 204088,
        "typical_volume": 343643.05,
        "trend": 16.255,
        "fair_value": 21.099087,
        "relative_strength": -30.597854,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.35894,
        "energy": 28.805577,
        "activity_lines": [
          15.793334,
          16.192727,
          16.29881,
          16.199893
        ]
      },
      {
        "date": "2026-04-10",
        "close": 15.8,
        "volume": 125125,
        "typical_volume": 335393.3,
        "trend": 16.198333,
        "fair_value": 21.060997,
        "relative_strength": -33.801704,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.13745,
        "energy": 27.134787,
        "activity_lines": [
          15.756667,
          16.067273,
          16.271429,
          16.170538
        ]
      },
      {
        "date": "2026-04-17",
        "close": 16.0,
        "volume": 291600,
        "typical_volume": 332999.9,
        "trend": 16.148333,
        "fair_value": 21.023624,
        "relative_strength": -34.392066,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.743837,
        "energy": 23.074857,
        "activity_lines": [
          15.85,
          16.0,
          16.261191,
          16.157742
        ]
      },
      {
        "date": "2026-04-24",
        "close": 15.2,
        "volume": 268621,
        "typical_volume": 337840.3,
        "trend": 16.081667,
        "fair_value": 20.962503,
        "relative_strength": -39.990581,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.944519,
        "energy": 33.163799,
        "activity_lines": [
          15.613333,
          15.813636,
          16.17,
          16.096559
        ]
      },
      {
        "date": "2026-05-01",
        "close": 14.7,
        "volume": 332165,
        "typical_volume": 349828.45,
        "trend": 16.001667,
        "fair_value": 20.910026,
        "relative_strength": -40.913615,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -33.952668,
        "energy": 41.309759,
        "activity_lines": [
          15.293333,
          15.563636,
          16.030476,
          16.007419
        ]
      },
      {
        "date": "2026-05-08",
        "close": 15.1,
        "volume": 342508,
        "typical_volume": 359234.25,
        "trend": 15.945,
        "fair_value": 20.852213,
        "relative_strength": -42.158573,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.399947,
        "energy": 42.404335,
        "activity_lines": [
          15.18,
          15.429091,
          15.930952,
          15.949247
        ]
      },
      {
        "date": "2026-05-15",
        "close": 14.8,
        "volume": 337982,
        "typical_volume": 364830.5,
        "trend": 15.888333,
        "fair_value": 20.793324,
        "relative_strength": -41.668487,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -63.299692,
        "energy": 59.942034,
        "activity_lines": [
          14.993333,
          15.277273,
          15.801905,
          15.875376
        ]
      },
      {
        "date": "2026-05-22",
        "close": 14.2,
        "volume": 368271,
        "typical_volume": 374691.25,
        "trend": 15.823333,
        "fair_value": 20.735667,
        "relative_strength": -44.492715,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.849729,
        "energy": 66.022011,
        "activity_lines": [
          14.673333,
          15.051818,
          15.616429,
          15.766452
        ]
      },
      {
        "date": "2026-05-29",
        "close": 14.45,
        "volume": 591678,
        "typical_volume": 357774.45,
        "trend": 15.778333,
        "fair_value": 20.675381,
        "relative_strength": -45.598846,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.011458,
        "energy": 56.478755,
        "activity_lines": [
          14.556667,
          14.887273,
          15.46,
          15.67785
        ]
      },
      {
        "date": "2026-06-05",
        "close": 14.6,
        "volume": 416659,
        "typical_volume": 355154.9,
        "trend": 15.74,
        "fair_value": 20.61662,
        "relative_strength": -44.363487,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.331147,
        "energy": 53.523952,
        "activity_lines": [
          14.54,
          14.786364,
          15.329048,
          15.601828
        ]
      },
      {
        "date": "2026-06-12",
        "close": 14.25,
        "volume": 340193,
        "typical_volume": 354636.1,
        "trend": 15.695,
        "fair_value": 20.554487,
        "relative_strength": -43.534982,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.314903,
        "energy": 58.617236,
        "activity_lines": [
          14.413333,
          14.643636,
          15.176191,
          15.505699
        ]
      },
      {
        "date": "2026-06-19",
        "close": 14.6,
        "volume": 478598,
        "typical_volume": 360470.5,
        "trend": 15.668333,
        "fair_value": 20.488955,
        "relative_strength": -43.977552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.85937,
        "energy": 48.578942,
        "activity_lines": [
          14.46,
          14.587273,
          15.071429,
          15.435054
        ]
      },
      {
        "date": "2026-06-26",
        "close": 15.3,
        "volume": 1096844,
        "typical_volume": 394434.45,
        "trend": 15.678333,
        "fair_value": 20.429039,
        "relative_strength": -37.788944,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.140243,
        "energy": 28.905107,
        "activity_lines": [
          14.753333,
          14.68,
          15.044762,
          15.41129
        ]
      },
      {
        "date": "2026-07-03",
        "close": 16.35,
        "volume": 2336563,
        "typical_volume": 497927.3,
        "trend": 15.721667,
        "fair_value": 20.374443,
        "relative_strength": -35.636366,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -9.795427,
        "energy": 12.497719,
        "activity_lines": [
          15.323333,
          14.976364,
          15.128333,
          15.454624
        ]
      },
      {
        "date": "2026-07-10",
        "close": 15.7,
        "volume": 0,
        "typical_volume": 493196.8,
        "trend": 15.741667,
        "fair_value": 20.316851,
        "relative_strength": -35.215351,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.010839,
        "energy": 20.326059,
        "activity_lines": [
          15.55,
          15.133636,
          15.151667,
          15.453226
        ]
      },
      {
        "date": "2026-07-17",
        "close": 15.45,
        "volume": 63001,
        "typical_volume": 482063.4,
        "trend": 15.76,
        "fair_value": 20.261458,
        "relative_strength": -31.23342,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.150236,
        "energy": 19.89918,
        "activity_lines": [
          15.62,
          15.227273,
          15.157619,
          15.434409
        ]
      },
      {
        "date": "2026-07-24",
        "close": 15.75,
        "volume": 204393,
        "typical_volume": 478233.15,
        "trend": 15.786667,
        "fair_value": 20.210913,
        "relative_strength": -30.449763,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.627308,
        "energy": 18.671224,
        "activity_lines": [
          15.71,
          15.369091,
          15.200238,
          15.433763
        ]
      },
      {
        "date": "2026-07-31",
        "close": 15.85,
        "volume": 302118,
        "typical_volume": 468541.8,
        "trend": 15.805,
        "fair_value": 20.162764,
        "relative_strength": -28.060821,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.244175,
        "energy": 14.564632,
        "activity_lines": [
          15.756667,
          15.511818,
          15.257143,
          15.437849
        ]
      },
      {
        "date": "2026-08-07",
        "close": 15.05,
        "volume": 310797,
        "typical_volume": 434921.55,
        "trend": 15.746667,
        "fair_value": 20.109486,
        "relative_strength": -32.353148,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.127646,
        "energy": 9.696459,
        "activity_lines": [
          15.5,
          15.479091,
          15.234048,
          15.38914
        ]
      },
      {
        "date": "2026-08-14",
        "close": 15.15,
        "volume": 257937,
        "typical_volume": 433457.05,
        "trend": 15.685,
        "fair_value": 20.05685,
        "relative_strength": -33.22733,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.540712,
        "energy": 11.493613,
        "activity_lines": [
          15.363333,
          15.453636,
          15.227143,
          15.350645
        ]
      },
      {
        "date": "2026-08-21",
        "close": 15.0,
        "volume": 335154,
        "typical_volume": 440010.35,
        "trend": 15.606667,
        "fair_value": 20.007639,
        "relative_strength": -31.979684,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.411283,
        "energy": 19.140387,
        "activity_lines": [
          15.213333,
          15.390909,
          15.209048,
          15.306452
        ]
      }
    ],
    "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."
    }
  }
}