{
  "ticker": {
    "uuid": "e80566f1-8485-424e-b780-b969f5dd89a4",
    "symbol": "INTA",
    "name": "Intapp Inc",
    "exchange": "NASDAQ",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "QQQ",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 88.818,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Emerging rotation",
    "architecture_gate": "mixed",
    "architecture_direction": 62.415,
    "architecture_energy": 76.991,
    "architecture_maturity": 26.0,
    "architecture_confidence": 66.345,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 17.21,
        "rotation_up": 78.64,
        "upward_expansion": 66.28,
        "deceleration": 20.92,
        "rotation_down": 16.37,
        "downward_expansion": 24.61
      },
      "activity_lines": [
        32.542,
        29.796182,
        26.912714,
        26.095656
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 37.73,
    "trend_reference": 26.233,
    "distance_from_trend": 0.438265,
    "trend_direction": "Weakening",
    "fair_value": 41.560449,
    "distance_from_fair_value": -0.092166,
    "fair_value_direction": "Improving",
    "relative_strength": -1.527995,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.577341,
    "excess_performance": 0.389888,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.438265,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.164864,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.092166,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.326837,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.01528,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.459225,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.577341,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.38672,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5850161,
      "relative_activity": 1.302471,
      "balance": 1.38672,
      "dry_up": 0.944243,
      "accumulation_observations": 3,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.105195,
      "annualized_volatility": 0.699533,
      "from_high_reference": -0.21281,
      "from_low_reference": 0.984745
    },
    "levels": {
      "trend_reference": 26.233,
      "fair_value_reference": 41.560449,
      "structural_low": 19.01,
      "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": 2,
        "median_return": -0.056983,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.056372,
        "regime_survival": 0.0,
        "best_return": 0.075042,
        "worst_return": -0.189008,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": -0.068277,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.043108,
        "regime_survival": 0.0,
        "best_return": 0.34572,
        "worst_return": -0.482274,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.129383,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.005682,
        "regime_survival": 0.0,
        "best_return": 0.734117,
        "worst_return": -0.475351,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.00983,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.212327,
        "regime_survival": 0.0,
        "best_return": 0.00983,
        "worst_return": 0.00983,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-03-29",
        "end": "2024-04-19",
        "tenure": "New",
        "return": -0.103207,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-04-26",
        "end": "2024-06-07",
        "tenure": "Developing",
        "return": 0.090025,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-06-14",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.067297,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-16",
        "end": "2024-08-30",
        "tenure": "New",
        "return": 0.107648,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-06",
        "end": "2025-03-21",
        "tenure": "Extended",
        "return": 0.412187,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-28",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.149558,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": 0.031974,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-16",
        "end": "2025-12-05",
        "tenure": "Extended",
        "return": -0.258751,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-12",
        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.069102,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-12-26",
        "end": "2026-01-16",
        "tenure": "New",
        "return": -0.196769,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-23",
        "end": "2026-01-30",
        "tenure": "New",
        "return": -0.121831,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-06",
        "end": "2026-06-26",
        "tenure": "Established",
        "return": 0.045569,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-03",
        "end": "2026-07-17",
        "tenure": "New",
        "return": 0.063162,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.373498,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 35.86,
        "volume": 1724116,
        "typical_volume": 2125328.55,
        "trend": 39.816667,
        "fair_value": 27.903929,
        "relative_strength": -1.633604,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.975266,
        "energy": 54.653749,
        "activity_lines": [
          36.226333,
          37.903455,
          39.860762,
          40.354473
        ]
      },
      {
        "date": "2023-08-25",
        "close": 33.63,
        "volume": 1700183,
        "typical_volume": 2158032.75,
        "trend": 39.971,
        "fair_value": 27.954602,
        "relative_strength": -10.014107,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -71.74822,
        "energy": 72.329123,
        "activity_lines": [
          35.105333,
          36.753364,
          39.153952,
          39.955333
        ]
      },
      {
        "date": "2023-09-01",
        "close": 36.93,
        "volume": 1719921,
        "typical_volume": 2182485.75,
        "trend": 40.237,
        "fair_value": 28.033333,
        "relative_strength": -5.628901,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.125794,
        "energy": 61.859,
        "activity_lines": [
          35.446,
          36.465818,
          38.81619,
          39.75914
        ]
      },
      {
        "date": "2023-09-08",
        "close": 35.36,
        "volume": 3192836,
        "typical_volume": 2296289.45,
        "trend": 40.282,
        "fair_value": 28.097043,
        "relative_strength": -9.083579,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.258303,
        "energy": 44.404185,
        "activity_lines": [
          35.432,
          36.080091,
          38.364524,
          39.444495
        ]
      },
      {
        "date": "2023-09-15",
        "close": 35.38,
        "volume": 3283557,
        "typical_volume": 2386885.05,
        "trend": 40.162333,
        "fair_value": 28.159828,
        "relative_strength": -9.226572,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.759083,
        "energy": 39.367569,
        "activity_lines": [
          35.483333,
          35.817091,
          37.961619,
          39.128237
        ]
      },
      {
        "date": "2023-09-22",
        "close": 31.1,
        "volume": 2288937,
        "typical_volume": 2424685.6,
        "trend": 39.907,
        "fair_value": 28.184957,
        "relative_strength": -17.798449,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.787835,
        "energy": 46.911743,
        "activity_lines": [
          34.039333,
          34.836091,
          37.174619,
          38.54357
        ]
      },
      {
        "date": "2023-09-29",
        "close": 33.52,
        "volume": 2372493,
        "typical_volume": 2441220.85,
        "trend": 39.724667,
        "fair_value": 28.230169,
        "relative_strength": -11.863515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.94815,
        "energy": 49.541195,
        "activity_lines": [
          33.719333,
          34.433091,
          36.649857,
          38.131505
        ]
      },
      {
        "date": "2023-10-06",
        "close": 36.1,
        "volume": 1974203,
        "typical_volume": 2228407.4,
        "trend": 39.637,
        "fair_value": 28.296303,
        "relative_strength": -7.195889,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.146738,
        "energy": 40.905827,
        "activity_lines": [
          34.266667,
          34.599818,
          36.420167,
          37.897656
        ]
      },
      {
        "date": "2023-10-13",
        "close": 34.34,
        "volume": 1284891,
        "typical_volume": 2169801.45,
        "trend": 39.472667,
        "fair_value": 28.346667,
        "relative_strength": -12.144159,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.365254,
        "energy": 38.856233,
        "activity_lines": [
          34.282667,
          34.507636,
          36.042333,
          37.555914
        ]
      },
      {
        "date": "2023-10-20",
        "close": 34.03,
        "volume": 1567769,
        "typical_volume": 2144691.1,
        "trend": 39.208667,
        "fair_value": 28.393636,
        "relative_strength": -10.61236,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.529936,
        "energy": 32.195135,
        "activity_lines": [
          34.263333,
          34.393636,
          35.656881,
          37.204774
        ]
      },
      {
        "date": "2023-10-27",
        "close": 33.21,
        "volume": 1652139,
        "typical_volume": 2123845.3,
        "trend": 38.821,
        "fair_value": 28.433115,
        "relative_strength": -10.675057,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.322884,
        "energy": 31.76991,
        "activity_lines": [
          34.060667,
          34.136364,
          35.229476,
          36.817763
        ]
      },
      {
        "date": "2023-11-03",
        "close": 35.19,
        "volume": 1417766,
        "typical_volume": 2010045.95,
        "trend": 38.489667,
        "fair_value": 28.488049,
        "relative_strength": -11.390369,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.681347,
        "energy": 25.835096,
        "activity_lines": [
          34.377333,
          34.287273,
          35.042071,
          36.583505
        ]
      },
      {
        "date": "2023-11-10",
        "close": 38.66,
        "volume": 2554213,
        "typical_volume": 2018463.3,
        "trend": 38.298,
        "fair_value": 28.570081,
        "relative_strength": -5.814465,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.082978,
        "energy": 10.461349,
        "activity_lines": [
          35.739333,
          35.040727,
          35.246476,
          36.594495
        ]
      },
      {
        "date": "2023-11-17",
        "close": 38.4,
        "volume": 4664172,
        "typical_volume": 2034886.65,
        "trend": 38.071333,
        "fair_value": 28.64872,
        "relative_strength": -8.655516,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.144108,
        "energy": 10.854404,
        "activity_lines": [
          36.844,
          35.715455,
          35.466929,
          36.601075
        ]
      },
      {
        "date": "2023-11-24",
        "close": 38.66,
        "volume": 1949151,
        "typical_volume": 2065359.45,
        "trend": 38.016,
        "fair_value": 28.728175,
        "relative_strength": -9.223901,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.852568,
        "energy": 17.102942,
        "activity_lines": [
          37.764667,
          36.382182,
          35.728857,
          36.639054
        ]
      },
      {
        "date": "2023-12-01",
        "close": 37.61,
        "volume": 2447800,
        "typical_volume": 2105613.3,
        "trend": 38.010667,
        "fair_value": 28.79811,
        "relative_strength": -12.000647,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.724614,
        "energy": 23.92559,
        "activity_lines": [
          38.026667,
          36.798364,
          35.890929,
          36.61286
        ]
      },
      {
        "date": "2023-12-08",
        "close": 36.0,
        "volume": 2746670,
        "typical_volume": 2168168.2,
        "trend": 37.747833,
        "fair_value": 28.854375,
        "relative_strength": -16.369512,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.657632,
        "energy": 17.679673,
        "activity_lines": [
          37.458667,
          36.803455,
          35.90481,
          36.48314
        ]
      },
      {
        "date": "2023-12-15",
        "close": 38.35,
        "volume": 3954809,
        "typical_volume": 2298465.2,
        "trend": 37.6865,
        "fair_value": 28.927984,
        "relative_strength": -13.881464,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.15109,
        "energy": 13.739244,
        "activity_lines": [
          37.62,
          37.190727,
          36.157048,
          36.521989
        ]
      },
      {
        "date": "2023-12-22",
        "close": 38.38,
        "volume": 2215076,
        "typical_volume": 2330666.4,
        "trend": 37.667833,
        "fair_value": 29.000692,
        "relative_strength": -14.628981,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.912171,
        "energy": 14.399202,
        "activity_lines": [
          37.812,
          37.542545,
          36.417429,
          36.566731
        ]
      },
      {
        "date": "2023-12-29",
        "close": 38.02,
        "volume": 895321,
        "typical_volume": 2280301.15,
        "trend": 37.547833,
        "fair_value": 29.069542,
        "relative_strength": -15.687797,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.884544,
        "energy": 15.940189,
        "activity_lines": [
          37.885333,
          37.755455,
          36.633333,
          36.589452
        ]
      },
      {
        "date": "2024-01-05",
        "close": 35.07,
        "volume": 1188996,
        "typical_volume": 2253545.15,
        "trend": 37.249833,
        "fair_value": 29.115,
        "relative_strength": -19.592208,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.936752,
        "energy": 5.57319,
        "activity_lines": [
          37.018,
          37.359455,
          36.55081,
          36.429591
        ]
      },
      {
        "date": "2024-01-12",
        "close": 41.36,
        "volume": 2440467,
        "typical_volume": 2290559.35,
        "trend": 37.026167,
        "fair_value": 29.207068,
        "relative_strength": -8.209136,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 41.639852,
        "energy": 29.327651,
        "activity_lines": [
          38.416667,
          38.073273,
          37.071095,
          36.694763
        ]
      },
      {
        "date": "2024-01-19",
        "close": 44.03,
        "volume": 1964601,
        "typical_volume": 2302793.35,
        "trend": 36.9195,
        "fair_value": 29.317687,
        "relative_strength": -4.965797,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 79.233655,
        "energy": 65.783928,
        "activity_lines": [
          40.348,
          39.160364,
          37.808857,
          37.146624
        ]
      },
      {
        "date": "2024-01-26",
        "close": 44.31,
        "volume": 2630572,
        "typical_volume": 2274680.15,
        "trend": 36.9995,
        "fair_value": 29.428741,
        "relative_strength": -5.054355,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.71575,
        "energy": 76.748641,
        "activity_lines": [
          41.994,
          40.200727,
          38.539476,
          37.62343
        ]
      },
      {
        "date": "2024-02-02",
        "close": 45.09,
        "volume": 1698278,
        "typical_volume": 2195416.2,
        "trend": 37.212833,
        "fair_value": 29.543897,
        "relative_strength": -4.71879,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.229392,
        "energy": 83.795005,
        "activity_lines": [
          43.504667,
          41.275455,
          39.301762,
          38.145398
        ]
      },
      {
        "date": "2024-02-09",
        "close": 41.5,
        "volume": 3533965,
        "typical_volume": 2257667.6,
        "trend": 37.3065,
        "fair_value": 29.631168,
        "relative_strength": -13.627442,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.313196,
        "energy": 75.611623,
        "activity_lines": [
          43.347333,
          41.580545,
          39.675905,
          38.421989
        ]
      },
      {
        "date": "2024-02-16",
        "close": 42.83,
        "volume": 2349805,
        "typical_volume": 2256533.2,
        "trend": 37.432333,
        "fair_value": 29.726812,
        "relative_strength": -9.027358,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.984814,
        "energy": 65.677964,
        "activity_lines": [
          43.204667,
          42.056727,
          40.12719,
          38.778344
        ]
      },
      {
        "date": "2024-02-23",
        "close": 41.82,
        "volume": 1959666,
        "typical_volume": 2255806.35,
        "trend": 37.511,
        "fair_value": 29.813813,
        "relative_strength": -11.84675,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.953868,
        "energy": 41.991475,
        "activity_lines": [
          42.627333,
          42.225091,
          40.437952,
          39.061419
        ]
      },
      {
        "date": "2024-03-01",
        "close": 38.15,
        "volume": 2297437,
        "typical_volume": 2306433.65,
        "trend": 37.574667,
        "fair_value": 29.873357,
        "relative_strength": -20.537718,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 29.068659,
        "energy": 16.999074,
        "activity_lines": [
          40.974,
          41.663091,
          40.371952,
          39.102645
        ]
      },
      {
        "date": "2024-03-08",
        "close": 35.55,
        "volume": 8094343,
        "typical_volume": 2632762.35,
        "trend": 37.614667,
        "fair_value": 29.913617,
        "relative_strength": -24.107906,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 2.966687,
        "energy": 14.923238,
        "activity_lines": [
          38.864667,
          40.632545,
          40.04019,
          38.972022
        ]
      },
      {
        "date": "2024-03-15",
        "close": 33.18,
        "volume": 5803130,
        "typical_volume": 2840311.9,
        "trend": 37.525333,
        "fair_value": 29.93662,
        "relative_strength": -27.643368,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -38.361206,
        "energy": 38.668896,
        "activity_lines": [
          36.601333,
          39.216,
          39.475476,
          38.685914
        ]
      },
      {
        "date": "2024-03-22",
        "close": 34.47,
        "volume": 3508496,
        "typical_volume": 2944848.4,
        "trend": 37.553333,
        "fair_value": 29.968322,
        "relative_strength": -26.238413,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -30.149019,
        "energy": 40.588182,
        "activity_lines": [
          35.322667,
          38.068364,
          39.033762,
          38.488796
        ]
      },
      {
        "date": "2024-03-29",
        "close": 34.3,
        "volume": 2053900,
        "typical_volume": 2919832.75,
        "trend": 37.465667,
        "fair_value": 29.998403,
        "relative_strength": -25.340934,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.813951,
        "energy": 54.972148,
        "activity_lines": [
          34.544667,
          37.015091,
          38.579286,
          38.278903
        ]
      },
      {
        "date": "2024-04-05",
        "close": 31.66,
        "volume": 2299362,
        "typical_volume": 2801592.25,
        "trend": 37.342333,
        "fair_value": 30.009862,
        "relative_strength": -29.604998,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.160579,
        "energy": 68.279315,
        "activity_lines": [
          33.388,
          35.658727,
          37.894143,
          37.904344
        ]
      },
      {
        "date": "2024-04-12",
        "close": 31.35,
        "volume": 2175720,
        "typical_volume": 2812920.7,
        "trend": 37.208,
        "fair_value": 30.019041,
        "relative_strength": -29.024654,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.235511,
        "energy": 71.040011,
        "activity_lines": [
          32.560667,
          34.476,
          37.211571,
          37.517742
        ]
      },
      {
        "date": "2024-04-19",
        "close": 30.76,
        "volume": 2235856,
        "typical_volume": 2802323.5,
        "trend": 37.196667,
        "fair_value": 30.024082,
        "relative_strength": -25.403765,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -76.033978,
        "energy": 82.201489,
        "activity_lines": [
          31.816667,
          33.435818,
          36.507619,
          37.101742
        ]
      },
      {
        "date": "2024-04-26",
        "close": 31.88,
        "volume": 2240732,
        "typical_volume": 2777026.6,
        "trend": 37.142,
        "fair_value": 30.036622,
        "relative_strength": -24.866931,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.917519,
        "energy": 76.842139,
        "activity_lines": [
          31.607333,
          32.794545,
          35.942952,
          36.758731
        ]
      },
      {
        "date": "2024-05-03",
        "close": 31.0,
        "volume": 2046379,
        "typical_volume": 2681605.1,
        "trend": 36.972,
        "fair_value": 30.043087,
        "relative_strength": -27.02867,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.648962,
        "energy": 74.505242,
        "activity_lines": [
          31.277333,
          32.192364,
          35.314095,
          36.362473
        ]
      },
      {
        "date": "2024-05-10",
        "close": 37.74,
        "volume": 6715900,
        "typical_volume": 2906646.3,
        "trend": 37.085333,
        "fair_value": 30.0944,
        "relative_strength": -11.604839,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.29095,
        "energy": 31.953001,
        "activity_lines": [
          33.414,
          33.012364,
          35.362143,
          36.412022
        ]
      },
      {
        "date": "2024-05-17",
        "close": 36.93,
        "volume": 3639618,
        "typical_volume": 3043861.15,
        "trend": 37.182,
        "fair_value": 30.139669,
        "relative_strength": -14.705744,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.676068,
        "energy": 23.153477,
        "activity_lines": [
          34.875333,
          33.692545,
          35.336095,
          36.402
        ]
      },
      {
        "date": "2024-05-24",
        "close": 36.18,
        "volume": 5510086,
        "typical_volume": 3259915.65,
        "trend": 37.281,
        "fair_value": 30.179408,
        "relative_strength": -17.009449,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -26.782146,
        "energy": 27.140796,
        "activity_lines": [
          35.714667,
          34.211273,
          35.24381,
          36.337355
        ]
      },
      {
        "date": "2024-05-31",
        "close": 35.9,
        "volume": 3010413,
        "typical_volume": 3288412.95,
        "trend": 37.304667,
        "fair_value": 30.216797,
        "relative_strength": -15.673322,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.915193,
        "energy": 28.908658,
        "activity_lines": [
          36.099333,
          34.624545,
          35.119571,
          36.248258
        ]
      },
      {
        "date": "2024-06-07",
        "close": 34.75,
        "volume": 3203630,
        "typical_volume": 3350364.4,
        "trend": 37.174333,
        "fair_value": 30.246234,
        "relative_strength": -19.718588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -24.12302,
        "energy": 22.611115,
        "activity_lines": [
          35.832667,
          34.802727,
          34.91181,
          36.083441
        ]
      },
      {
        "date": "2024-06-14",
        "close": 34.92,
        "volume": 3544020,
        "typical_volume": 3396036.8,
        "trend": 37.058333,
        "fair_value": 30.276387,
        "relative_strength": -21.106568,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.723548,
        "energy": 12.300372,
        "activity_lines": [
          35.372667,
          35.003636,
          34.764429,
          35.938
        ]
      },
      {
        "date": "2024-06-21",
        "close": 34.2,
        "volume": 2094666,
        "typical_volume": 3415856.2,
        "trend": 36.909667,
        "fair_value": 30.301538,
        "relative_strength": -21.921423,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.885536,
        "energy": 20.739245,
        "activity_lines": [
          34.860667,
          35.014364,
          34.59319,
          35.753591
        ]
      },
      {
        "date": "2024-06-28",
        "close": 36.67,
        "volume": 2429641,
        "typical_volume": 3360640.0,
        "trend": 36.878333,
        "fair_value": 30.365,
        "relative_strength": -15.560125,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.661749,
        "energy": 13.107366,
        "activity_lines": [
          35.354,
          35.422364,
          34.709048,
          35.738129
        ]
      },
      {
        "date": "2024-07-05",
        "close": 36.32,
        "volume": 1345126,
        "typical_volume": 3310406.05,
        "trend": 36.889,
        "fair_value": 30.419423,
        "relative_strength": -18.667726,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.35331,
        "energy": 6.955095,
        "activity_lines": [
          35.698,
          35.659273,
          34.814571,
          35.702108
        ]
      },
      {
        "date": "2024-07-12",
        "close": 35.19,
        "volume": 2005741,
        "typical_volume": 3312709.8,
        "trend": 36.783667,
        "fair_value": 30.465641,
        "relative_strength": -20.44673,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.233396,
        "energy": 9.602025,
        "activity_lines": [
          35.637333,
          35.61,
          34.843476,
          35.592495
        ]
      },
      {
        "date": "2024-07-19",
        "close": 35.82,
        "volume": 1661643,
        "typical_volume": 3280920.1,
        "trend": 36.698333,
        "fair_value": 30.491026,
        "relative_strength": -15.151096,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.429686,
        "energy": 10.824843,
        "activity_lines": [
          35.757333,
          35.599091,
          34.963952,
          35.530323
        ]
      },
      {
        "date": "2024-07-26",
        "close": 37.07,
        "volume": 2109281,
        "typical_volume": 2981667.0,
        "trend": 36.666667,
        "fair_value": 30.511346,
        "relative_strength": -9.401248,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.369376,
        "energy": 8.319555,
        "activity_lines": [
          36.234,
          35.850364,
          35.214571,
          35.554301
        ]
      },
      {
        "date": "2024-08-02",
        "close": 33.73,
        "volume": 2347908,
        "typical_volume": 2808905.9,
        "trend": 36.622,
        "fair_value": 30.509679,
        "relative_strength": -14.525729,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.906495,
        "energy": 14.246689,
        "activity_lines": [
          35.406,
          35.491818,
          35.139857,
          35.364839
        ]
      },
      {
        "date": "2024-08-09",
        "close": 32.57,
        "volume": 1908090,
        "typical_volume": 2728885.6,
        "trend": 36.329,
        "fair_value": 30.500513,
        "relative_strength": -17.369615,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.309594,
        "energy": 25.835548,
        "activity_lines": [
          34.387333,
          34.966909,
          34.952048,
          35.103419
        ]
      },
      {
        "date": "2024-08-16",
        "close": 41.71,
        "volume": 7325383,
        "typical_volume": 2992459.75,
        "trend": 36.251667,
        "fair_value": 30.522692,
        "relative_strength": 0.622075,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 43.810072,
        "energy": 27.608636,
        "activity_lines": [
          36.665333,
          36.164364,
          35.643762,
          35.450581
        ]
      },
      {
        "date": "2024-08-23",
        "close": 43.75,
        "volume": 5214667,
        "typical_volume": 3138225.0,
        "trend": 36.233,
        "fair_value": 30.553269,
        "relative_strength": 4.493815,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 53.749889,
        "energy": 60.236099,
        "activity_lines": [
          39.188667,
          37.606182,
          36.494476,
          35.934344
        ]
      },
      {
        "date": "2024-08-30",
        "close": 46.2,
        "volume": 3606754,
        "typical_volume": 3209776.7,
        "trend": 36.27,
        "fair_value": 30.601346,
        "relative_strength": 11.24585,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 85.821955,
        "energy": 87.341345,
        "activity_lines": [
          42.0,
          39.332909,
          37.520952,
          36.577376
        ]
      },
      {
        "date": "2024-09-06",
        "close": 43.16,
        "volume": 2755773,
        "typical_volume": 3235772.55,
        "trend": 36.325333,
        "fair_value": 30.636603,
        "relative_strength": 10.298531,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.805563,
        "energy": 82.477309,
        "activity_lines": [
          43.189333,
          40.288727,
          38.18719,
          37.021892
        ]
      },
      {
        "date": "2024-09-13",
        "close": 44.84,
        "volume": 2501164,
        "typical_volume": 3248794.15,
        "trend": 36.392333,
        "fair_value": 30.727436,
        "relative_strength": 8.208768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.713144,
        "energy": 86.367931,
        "activity_lines": [
          44.31,
          41.432,
          38.954381,
          37.571226
        ]
      },
      {
        "date": "2024-09-20",
        "close": 49.0,
        "volume": 5453671,
        "typical_volume": 3419158.75,
        "trend": 36.631667,
        "fair_value": 30.846923,
        "relative_strength": 16.143681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.073452,
        "energy": 93.212255,
        "activity_lines": [
          45.999333,
          43.176727,
          40.056048,
          38.384624
        ]
      },
      {
        "date": "2024-09-27",
        "close": 47.54,
        "volume": 3534500,
        "typical_volume": 3260088.75,
        "trend": 36.944667,
        "fair_value": 30.989808,
        "relative_strength": 11.444179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.432833,
        "energy": 81.550123,
        "activity_lines": [
          46.716,
          44.404909,
          40.932952,
          39.088387
        ]
      },
      {
        "date": "2024-10-04",
        "close": 47.06,
        "volume": 2279975,
        "typical_volume": 3192106.6,
        "trend": 37.328333,
        "fair_value": 31.132372,
        "relative_strength": 10.264784,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.809231,
        "energy": 68.907115,
        "activity_lines": [
          47.02,
          45.332727,
          41.717476,
          39.740989
        ]
      },
      {
        "date": "2024-10-11",
        "close": 47.59,
        "volume": 2991317,
        "typical_volume": 3066168.15,
        "trend": 37.808667,
        "fair_value": 31.275897,
        "relative_strength": 10.097791,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.995103,
        "energy": 61.260697,
        "activity_lines": [
          47.443333,
          46.175273,
          42.504238,
          40.403032
        ]
      },
      {
        "date": "2024-10-18",
        "close": 50.06,
        "volume": 2157013,
        "typical_volume": 3023498.15,
        "trend": 38.328333,
        "fair_value": 31.426026,
        "relative_strength": 15.43513,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.957726,
        "energy": 63.152401,
        "activity_lines": [
          48.394667,
          47.214909,
          43.471905,
          41.193441
        ]
      },
      {
        "date": "2024-10-25",
        "close": 50.24,
        "volume": 2516518,
        "typical_volume": 2989142.55,
        "trend": 38.859667,
        "fair_value": 31.575,
        "relative_strength": 15.534948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.033711,
        "energy": 61.810955,
        "activity_lines": [
          49.058,
          47.969273,
          44.389286,
          41.961935
        ]
      },
      {
        "date": "2024-11-01",
        "close": 49.5,
        "volume": 2891012,
        "typical_volume": 2956492.15,
        "trend": 39.454333,
        "fair_value": 31.700064,
        "relative_strength": 15.544264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.279873,
        "energy": 59.653765,
        "activity_lines": [
          49.392,
          48.434,
          45.162429,
          42.648409
        ]
      },
      {
        "date": "2024-11-08",
        "close": 59.39,
        "volume": 5466870,
        "typical_volume": 3125102.35,
        "trend": 40.389,
        "fair_value": 31.877821,
        "relative_strength": 31.065245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.295496,
        "energy": 81.611717,
        "activity_lines": [
          52.892,
          50.592364,
          46.808048,
          43.934581
        ]
      },
      {
        "date": "2024-11-15",
        "close": 56.13,
        "volume": 2642802,
        "typical_volume": 3135760.4,
        "trend": 41.234667,
        "fair_value": 32.053526,
        "relative_strength": 27.894268,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.49675,
        "energy": 86.643544,
        "activity_lines": [
          54.483333,
          51.918182,
          48.023238,
          44.950129
        ]
      },
      {
        "date": "2024-11-22",
        "close": 60.26,
        "volume": 2209971,
        "typical_volume": 3179002.65,
        "trend": 42.180667,
        "fair_value": 32.263654,
        "relative_strength": 34.240668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.681335,
        "energy": 92.183949,
        "activity_lines": [
          56.882,
          53.759091,
          49.539095,
          46.17757
        ]
      },
      {
        "date": "2024-11-29",
        "close": 62.55,
        "volume": 1734490,
        "typical_volume": 3165440.1,
        "trend": 43.232333,
        "fair_value": 32.505192,
        "relative_strength": 37.499639,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.492465,
        "energy": 93.024182,
        "activity_lines": [
          59.364,
          55.736,
          51.159048,
          47.49172
        ]
      },
      {
        "date": "2024-12-06",
        "close": 66.46,
        "volume": 3088308,
        "typical_volume": 3236773.35,
        "trend": 44.189667,
        "fair_value": 32.77359,
        "relative_strength": 40.426436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.158216,
        "energy": 93.5093,
        "activity_lines": [
          62.328667,
          58.177455,
          53.021095,
          48.99028
        ]
      },
      {
        "date": "2024-12-13",
        "close": 68.63,
        "volume": 3028392,
        "typical_volume": 3282728.9,
        "trend": 45.246333,
        "fair_value": 33.060128,
        "relative_strength": 42.862314,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.489987,
        "energy": 91.321878,
        "activity_lines": [
          64.886,
          60.669455,
          54.943905,
          50.567075
        ]
      },
      {
        "date": "2024-12-20",
        "close": 65.19,
        "volume": 6441817,
        "typical_volume": 3487424.35,
        "trend": 46.213333,
        "fair_value": 33.317821,
        "relative_strength": 37.891926,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.957959,
        "energy": 76.308309,
        "activity_lines": [
          65.680667,
          62.143818,
          56.38881,
          51.853763
        ]
      },
      {
        "date": "2024-12-27",
        "close": 65.85,
        "volume": 1417603,
        "typical_volume": 3462900.0,
        "trend": 47.211667,
        "fair_value": 33.578654,
        "relative_strength": 37.086065,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.364106,
        "energy": 66.580485,
        "activity_lines": [
          66.091333,
          63.418182,
          57.746762,
          53.120645
        ]
      },
      {
        "date": "2025-01-03",
        "close": 63.67,
        "volume": 1861587,
        "typical_volume": 3189710.2,
        "trend": 48.175667,
        "fair_value": 33.841795,
        "relative_strength": 32.62555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.795992,
        "energy": 63.448173,
        "activity_lines": [
          65.402667,
          64.009091,
          58.738619,
          54.182473
        ]
      },
      {
        "date": "2025-01-10",
        "close": 67.05,
        "volume": 2787114,
        "typical_volume": 3068332.55,
        "trend": 49.246667,
        "fair_value": 34.131154,
        "relative_strength": 41.900217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.0805,
        "energy": 59.699726,
        "activity_lines": [
          65.766,
          64.970364,
          59.94781,
          55.400172
        ]
      },
      {
        "date": "2025-01-17",
        "close": 67.48,
        "volume": 3217797,
        "typical_volume": 3048884.7,
        "trend": 50.356,
        "fair_value": 34.44391,
        "relative_strength": 38.138229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.864744,
        "energy": 56.250187,
        "activity_lines": [
          66.233333,
          65.690727,
          61.087,
          56.576516
        ]
      },
      {
        "date": "2025-01-24",
        "close": 69.2,
        "volume": 2025081,
        "typical_volume": 3012350.1,
        "trend": 51.440333,
        "fair_value": 34.765897,
        "relative_strength": 38.822225,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.670947,
        "energy": 55.45482,
        "activity_lines": [
          67.350667,
          66.576727,
          62.288667,
          57.792258
        ]
      },
      {
        "date": "2025-01-31",
        "close": 71.29,
        "volume": 3421513,
        "typical_volume": 3058367.55,
        "trend": 52.606,
        "fair_value": 35.09609,
        "relative_strength": 44.118764,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.975532,
        "energy": 57.396303,
        "activity_lines": [
          68.897333,
          67.605091,
          63.565381,
          59.072882
        ]
      },
      {
        "date": "2025-02-07",
        "close": 71.65,
        "volume": 7094752,
        "typical_volume": 3140421.6,
        "trend": 53.821333,
        "fair_value": 35.414936,
        "relative_strength": 43.463093,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.051546,
        "energy": 55.606133,
        "activity_lines": [
          70.201333,
          68.498364,
          64.750429,
          60.301527
        ]
      },
      {
        "date": "2025-02-14",
        "close": 72.33,
        "volume": 2959529,
        "typical_volume": 3111673.05,
        "trend": 55.038333,
        "fair_value": 35.741218,
        "relative_strength": 39.759583,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.650255,
        "energy": 54.605527,
        "activity_lines": [
          71.2,
          69.349818,
          65.892381,
          61.495634
        ]
      },
      {
        "date": "2025-02-21",
        "close": 66.11,
        "volume": 3425910,
        "typical_volume": 3168969.8,
        "trend": 56.006333,
        "fair_value": 36.020577,
        "relative_strength": 29.909299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.632361,
        "energy": 44.157694,
        "activity_lines": [
          69.773333,
          68.963636,
          66.323905,
          62.209935
        ]
      },
      {
        "date": "2025-02-28",
        "close": 65.96,
        "volume": 2926248,
        "typical_volume": 3165716.35,
        "trend": 57.080667,
        "fair_value": 36.305705,
        "relative_strength": 33.027559,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.813333,
        "energy": 31.225973,
        "activity_lines": [
          68.388,
          68.596,
          66.650429,
          62.852108
        ]
      },
      {
        "date": "2025-03-07",
        "close": 61.11,
        "volume": 2847135,
        "typical_volume": 3200222.45,
        "trend": 58.032,
        "fair_value": 36.55,
        "relative_strength": 26.285673,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 26.388832,
        "energy": 16.041719,
        "activity_lines": [
          65.602,
          67.332545,
          66.427571,
          63.112065
        ]
      },
      {
        "date": "2025-03-14",
        "close": 59.28,
        "volume": 2850984,
        "typical_volume": 3216945.75,
        "trend": 58.617667,
        "fair_value": 36.774872,
        "relative_strength": 24.466633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 0.469146,
        "energy": 14.477693,
        "activity_lines": [
          62.884667,
          65.822545,
          65.97781,
          63.192581
        ]
      },
      {
        "date": "2025-03-21",
        "close": 60.95,
        "volume": 2659615,
        "typical_volume": 3205375.9,
        "trend": 59.191,
        "fair_value": 37.030513,
        "relative_strength": 26.454505,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 3.501304,
        "energy": 19.161048,
        "activity_lines": [
          61.548667,
          64.696,
          65.644048,
          63.343054
        ]
      },
      {
        "date": "2025-03-28",
        "close": 59.91,
        "volume": 1896568,
        "typical_volume": 3026860.8,
        "trend": 59.648,
        "fair_value": 37.259038,
        "relative_strength": 26.057049,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.153164,
        "energy": 20.504921,
        "activity_lines": [
          60.624667,
          63.491273,
          65.156714,
          63.389441
        ]
      },
      {
        "date": "2025-04-04",
        "close": 50.95,
        "volume": 3225545,
        "typical_volume": 3055997.95,
        "trend": 59.907667,
        "fair_value": 37.437051,
        "relative_strength": 17.861384,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -41.126932,
        "energy": 49.71015,
        "activity_lines": [
          57.127333,
          60.795091,
          63.813571,
          62.82828
        ]
      },
      {
        "date": "2025-04-11",
        "close": 52.23,
        "volume": 3665971,
        "typical_volume": 3128797.95,
        "trend": 60.154,
        "fair_value": 37.612949,
        "relative_strength": 11.484653,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.080669,
        "energy": 54.041105,
        "activity_lines": [
          55.057333,
          58.663455,
          62.617,
          62.332946
        ]
      },
      {
        "date": "2025-04-18",
        "close": 51.51,
        "volume": 1729296,
        "typical_volume": 3128538.25,
        "trend": 60.237667,
        "fair_value": 37.78609,
        "relative_strength": 11.636741,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.88456,
        "energy": 59.080889,
        "activity_lines": [
          53.339333,
          56.747455,
          61.390095,
          61.775269
        ]
      },
      {
        "date": "2025-04-25",
        "close": 54.38,
        "volume": 2088873,
        "typical_volume": 3078566.5,
        "trend": 60.465667,
        "fair_value": 37.974808,
        "relative_strength": 9.931592,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.443654,
        "energy": 54.239848,
        "activity_lines": [
          53.096,
          55.719455,
          60.489095,
          61.397355
        ]
      },
      {
        "date": "2025-05-02",
        "close": 58.17,
        "volume": 1982624,
        "typical_volume": 3026278.1,
        "trend": 60.836,
        "fair_value": 38.182564,
        "relative_strength": 12.698368,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.633489,
        "energy": 30.93602,
        "activity_lines": [
          54.554,
          55.706909,
          60.006571,
          61.249247
        ]
      },
      {
        "date": "2025-05-09",
        "close": 53.9,
        "volume": 4297343,
        "typical_volume": 2919054.4,
        "trend": 61.046333,
        "fair_value": 38.394744,
        "relative_strength": 4.143776,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -59.25977,
        "energy": 38.161651,
        "activity_lines": [
          54.704667,
          55.062364,
          59.16719,
          60.801763
        ]
      },
      {
        "date": "2025-05-16",
        "close": 58.28,
        "volume": 3600251,
        "typical_volume": 3028186.8,
        "trend": 61.320333,
        "fair_value": 38.62609,
        "relative_strength": 4.803825,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.44953,
        "energy": 24.217042,
        "activity_lines": [
          56.118667,
          55.433455,
          58.798714,
          60.62329
        ]
      },
      {
        "date": "2025-05-23",
        "close": 54.58,
        "volume": 3195039,
        "typical_volume": 3094859.4,
        "trend": 61.465,
        "fair_value": 38.842692,
        "relative_strength": 0.015529,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.12696,
        "energy": 23.897954,
        "activity_lines": [
          55.896,
          55.183273,
          58.113905,
          60.18843
        ]
      },
      {
        "date": "2025-05-30",
        "close": 55.12,
        "volume": 2117525,
        "typical_volume": 3061379.95,
        "trend": 61.652333,
        "fair_value": 39.069423,
        "relative_strength": -1.37635,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.436538,
        "energy": 25.585095,
        "activity_lines": [
          55.648667,
          55.116727,
          57.52381,
          59.779075
        ]
      },
      {
        "date": "2025-06-06",
        "close": 58.23,
        "volume": 1958057,
        "typical_volume": 2998392.95,
        "trend": 61.613667,
        "fair_value": 39.335,
        "relative_strength": 1.440144,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -37.226592,
        "energy": 20.217626,
        "activity_lines": [
          56.388667,
          55.721636,
          57.286714,
          59.55828
        ]
      },
      {
        "date": "2025-06-13",
        "close": 53.47,
        "volume": 3033872,
        "typical_volume": 3048832.5,
        "trend": 61.525,
        "fair_value": 39.588333,
        "relative_strength": -6.794676,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.242846,
        "energy": 28.585778,
        "activity_lines": [
          55.538,
          55.491636,
          56.640333,
          59.032882
        ]
      },
      {
        "date": "2025-06-20",
        "close": 52.76,
        "volume": 2213609,
        "typical_volume": 2988437.3,
        "trend": 61.275,
        "fair_value": 39.827692,
        "relative_strength": -8.470246,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.951859,
        "energy": 33.68494,
        "activity_lines": [
          54.479333,
          55.086727,
          56.001238,
          58.467398
        ]
      },
      {
        "date": "2025-06-27",
        "close": 51.12,
        "volume": 3812604,
        "typical_volume": 2824329.9,
        "trend": 60.894,
        "fair_value": 40.061346,
        "relative_strength": -15.093103,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.894171,
        "energy": 40.249821,
        "activity_lines": [
          53.242,
          54.374,
          55.29419,
          57.812237
        ]
      },
      {
        "date": "2025-07-04",
        "close": 48.11,
        "volume": 3064296,
        "typical_volume": 2829568.25,
        "trend": 60.282333,
        "fair_value": 40.264679,
        "relative_strength": -21.43768,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.080737,
        "energy": 66.908801,
        "activity_lines": [
          51.232,
          53.121091,
          54.398238,
          56.987462
        ]
      },
      {
        "date": "2025-07-11",
        "close": 44.27,
        "volume": 4424347,
        "typical_volume": 2879490.1,
        "trend": 59.470333,
        "fair_value": 40.453013,
        "relative_strength": -27.550688,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.422942,
        "energy": 83.787731,
        "activity_lines": [
          48.409333,
          51.284,
          53.251905,
          55.954409
        ]
      },
      {
        "date": "2025-07-18",
        "close": 42.54,
        "volume": 4329415,
        "typical_volume": 2949648.45,
        "trend": 58.715333,
        "fair_value": 40.628974,
        "relative_strength": -31.257614,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.026889,
        "energy": 89.020258,
        "activity_lines": [
          45.940667,
          49.385091,
          52.04481,
          54.862129
        ]
      },
      {
        "date": "2025-07-25",
        "close": 41.64,
        "volume": 3427497,
        "typical_volume": 2978666.55,
        "trend": 57.908333,
        "fair_value": 40.798654,
        "relative_strength": -33.2376,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.439705,
        "energy": 92.165625,
        "activity_lines": [
          43.900667,
          47.529091,
          50.863524,
          53.760495
        ]
      },
      {
        "date": "2025-08-01",
        "close": 39.03,
        "volume": 5251766,
        "typical_volume": 3098705.65,
        "trend": 57.087,
        "fair_value": 40.948077,
        "relative_strength": -35.953914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.393571,
        "energy": 93.630949,
        "activity_lines": [
          41.732,
          45.501091,
          49.526381,
          52.542538
        ]
      },
      {
        "date": "2025-08-08",
        "close": 36.94,
        "volume": 5054294,
        "typical_volume": 3218439.6,
        "trend": 56.083333,
        "fair_value": 41.078141,
        "relative_strength": -41.478085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.588033,
        "energy": 94.235387,
        "activity_lines": [
          39.672667,
          43.375818,
          48.086619,
          51.242731
        ]
      },
      {
        "date": "2025-08-15",
        "close": 42.12,
        "volume": 11795452,
        "typical_volume": 3713383.8,
        "trend": 55.238,
        "fair_value": 41.25359,
        "relative_strength": -33.415388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.595349,
        "energy": 83.803654,
        "activity_lines": [
          40.084667,
          42.522909,
          47.254524,
          50.341871
        ]
      },
      {
        "date": "2025-08-22",
        "close": 42.82,
        "volume": 4938959,
        "typical_volume": 3799054.5,
        "trend": 54.358667,
        "fair_value": 41.436026,
        "relative_strength": -31.471329,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.338627,
        "energy": 63.922301,
        "activity_lines": [
          40.873333,
          42.090182,
          46.57381,
          49.54071
        ]
      },
      {
        "date": "2025-08-29",
        "close": 45.99,
        "volume": 7111862,
        "typical_volume": 3971349.05,
        "trend": 53.515333,
        "fair_value": 41.642051,
        "relative_strength": -25.975061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.696492,
        "energy": 45.948083,
        "activity_lines": [
          42.7,
          42.427455,
          46.233714,
          49.000796
        ]
      },
      {
        "date": "2025-09-05",
        "close": 44.7,
        "volume": 2427504,
        "typical_volume": 4006259.45,
        "trend": 52.617,
        "fair_value": 41.819295,
        "relative_strength": -28.516887,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.943043,
        "energy": 30.580337,
        "activity_lines": [
          43.806667,
          42.653273,
          45.800476,
          48.432065
        ]
      },
      {
        "date": "2025-09-12",
        "close": 45.16,
        "volume": 3327585,
        "typical_volume": 4068195.05,
        "trend": 51.711333,
        "fair_value": 42.002308,
        "relative_strength": -28.860795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.770415,
        "energy": 26.300827,
        "activity_lines": [
          44.688667,
          43.079455,
          45.443476,
          47.950968
        ]
      },
      {
        "date": "2025-09-19",
        "close": 44.54,
        "volume": 3525946,
        "typical_volume": 4145361.15,
        "trend": 50.992333,
        "fair_value": 42.175897,
        "relative_strength": -30.981772,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.000998,
        "energy": 24.532901,
        "activity_lines": [
          44.816,
          43.446545,
          45.071333,
          47.488301
        ]
      },
      {
        "date": "2025-09-26",
        "close": 42.1,
        "volume": 2969114,
        "typical_volume": 4078949.7,
        "trend": 50.197,
        "fair_value": 42.32609,
        "relative_strength": -34.144628,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.162533,
        "energy": 27.516333,
        "activity_lines": [
          43.968667,
          43.365091,
          44.531714,
          46.914602
        ]
      },
      {
        "date": "2025-10-03",
        "close": 39.33,
        "volume": 2905231,
        "typical_volume": 4044198.7,
        "trend": 49.471,
        "fair_value": 42.453718,
        "relative_strength": -38.863614,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.404972,
        "energy": 44.808409,
        "activity_lines": [
          42.246,
          42.788,
          43.784476,
          46.213505
        ]
      },
      {
        "date": "2025-10-10",
        "close": 37.76,
        "volume": 3741063,
        "typical_volume": 4071499.9,
        "trend": 48.753667,
        "fair_value": 42.569423,
        "relative_strength": -39.583362,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.706611,
        "energy": 61.548348,
        "activity_lines": [
          40.444,
          41.967455,
          42.977952,
          45.457957
        ]
      },
      {
        "date": "2025-10-17",
        "close": 37.13,
        "volume": 4626717,
        "typical_volume": 4196959.5,
        "trend": 47.959667,
        "fair_value": 42.671603,
        "relative_strength": -41.583852,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.577402,
        "energy": 78.169095,
        "activity_lines": [
          38.894667,
          41.055455,
          42.191524,
          44.708043
        ]
      },
      {
        "date": "2025-10-24",
        "close": 39.92,
        "volume": 2639089,
        "typical_volume": 4231011.1,
        "trend": 47.293333,
        "fair_value": 42.78391,
        "relative_strength": -38.113195,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.349783,
        "energy": 71.02905,
        "activity_lines": [
          38.810667,
          40.647273,
          41.756476,
          44.189355
        ]
      },
      {
        "date": "2025-10-31",
        "close": 38.38,
        "volume": 2824031,
        "typical_volume": 4220519.05,
        "trend": 46.874333,
        "fair_value": 42.897949,
        "relative_strength": -41.18825,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.132122,
        "energy": 66.833117,
        "activity_lines": [
          38.521333,
          39.999091,
          41.261952,
          43.614301
        ]
      },
      {
        "date": "2025-11-07",
        "close": 38.12,
        "volume": 4245922,
        "typical_volume": 4322134.7,
        "trend": 46.404,
        "fair_value": 43.000256,
        "relative_strength": -39.129906,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.67174,
        "energy": 50.283767,
        "activity_lines": [
          38.393333,
          39.384364,
          40.814524,
          43.049505
        ]
      },
      {
        "date": "2025-11-14",
        "close": 43.07,
        "volume": 5159187,
        "typical_volume": 4389463.85,
        "trend": 46.122667,
        "fair_value": 43.135577,
        "relative_strength": -30.56864,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.937346,
        "energy": 30.245011,
        "activity_lines": [
          39.996,
          39.812727,
          40.908238,
          42.834409
        ]
      },
      {
        "date": "2025-11-21",
        "close": 41.55,
        "volume": 3685913,
        "typical_volume": 4420544.7,
        "trend": 45.695,
        "fair_value": 43.2625,
        "relative_strength": -30.236065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.679542,
        "energy": 22.631568,
        "activity_lines": [
          40.738,
          39.994364,
          40.895524,
          42.539398
        ]
      },
      {
        "date": "2025-11-28",
        "close": 43.19,
        "volume": 2048799,
        "typical_volume": 4301767.3,
        "trend": 45.195667,
        "fair_value": 43.385449,
        "relative_strength": -30.186385,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.674378,
        "energy": 17.914746,
        "activity_lines": [
          41.732,
          40.539818,
          41.070238,
          42.377785
        ]
      },
      {
        "date": "2025-12-05",
        "close": 43.2,
        "volume": 3796612,
        "typical_volume": 4275127.15,
        "trend": 44.839,
        "fair_value": 43.512564,
        "relative_strength": -30.087342,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -14.651711,
        "energy": 20.607396,
        "activity_lines": [
          42.511333,
          41.111636,
          41.251048,
          42.249032
        ]
      },
      {
        "date": "2025-12-12",
        "close": 42.98,
        "volume": 2121725,
        "typical_volume": 4209838.55,
        "trend": 44.329,
        "fair_value": 43.631731,
        "relative_strength": -28.260999,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.872846,
        "energy": 16.076621,
        "activity_lines": [
          42.896,
          41.623455,
          41.407762,
          42.129097
        ]
      },
      {
        "date": "2025-12-19",
        "close": 45.95,
        "volume": 3431183,
        "typical_volume": 4118809.4,
        "trend": 44.041333,
        "fair_value": 43.766667,
        "relative_strength": -22.942439,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 14.915197,
        "energy": 24.085805,
        "activity_lines": [
          43.946667,
          42.608909,
          41.840952,
          42.233677
        ]
      },
      {
        "date": "2025-12-26",
        "close": 47.67,
        "volume": 1337571,
        "typical_volume": 3932973.25,
        "trend": 43.793,
        "fair_value": 43.912372,
        "relative_strength": -20.239356,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 40.111351,
        "energy": 51.999083,
        "activity_lines": [
          45.378667,
          43.758182,
          42.405,
          42.467785
        ]
      },
      {
        "date": "2026-01-02",
        "close": 43.87,
        "volume": 1762926,
        "typical_volume": 3431346.95,
        "trend": 43.314333,
        "fair_value": 44.025962,
        "relative_strength": -24.522582,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.984927,
        "energy": 46.361347,
        "activity_lines": [
          45.136,
          44.024909,
          42.556048,
          42.472753
        ]
      },
      {
        "date": "2026-01-09",
        "close": 43.53,
        "volume": 2065431,
        "typical_volume": 3287670.55,
        "trend": 42.983,
        "fair_value": 44.132436,
        "relative_strength": -25.769902,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 28.899255,
        "energy": 36.841647,
        "activity_lines": [
          44.734667,
          44.158,
          42.666381,
          42.486667
        ]
      },
      {
        "date": "2026-01-16",
        "close": 38.29,
        "volume": 3145372,
        "typical_volume": 3089346.05,
        "trend": 42.500667,
        "fair_value": 44.188269,
        "relative_strength": -33.200699,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -15.373065,
        "energy": 8.70994,
        "activity_lines": [
          42.564667,
          43.244727,
          42.274286,
          42.183892
        ]
      },
      {
        "date": "2026-01-23",
        "close": 38.66,
        "volume": 1665797,
        "typical_volume": 3051260.7,
        "trend": 42.085333,
        "fair_value": 44.250192,
        "relative_strength": -31.728212,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.631437,
        "energy": 24.580205,
        "activity_lines": [
          40.830667,
          42.395636,
          41.954095,
          41.936108
        ]
      },
      {
        "date": "2026-01-30",
        "close": 33.95,
        "volume": 3709135,
        "typical_volume": 3070338.2,
        "trend": 41.613333,
        "fair_value": 44.282244,
        "relative_strength": -38.896722,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -76.424725,
        "energy": 56.255065,
        "activity_lines": [
          38.012667,
          40.770364,
          41.214095,
          41.411247
        ]
      },
      {
        "date": "2026-02-06",
        "close": 23.92,
        "volume": 16392510,
        "typical_volume": 3713666.4,
        "trend": 40.935,
        "fair_value": 44.217564,
        "relative_strength": -55.134902,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -91.876322,
        "energy": 88.621302,
        "activity_lines": [
          32.766,
          37.459636,
          39.572238,
          40.269742
        ]
      },
      {
        "date": "2026-02-13",
        "close": 23.23,
        "volume": 12899894,
        "typical_volume": 4210205.4,
        "trend": 40.291333,
        "fair_value": 44.116667,
        "relative_strength": -54.912918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.237384,
        "energy": 95.738424,
        "activity_lines": [
          28.619333,
          34.373818,
          37.962857,
          39.127484
        ]
      },
      {
        "date": "2026-02-20",
        "close": 21.83,
        "volume": 5697106,
        "typical_volume": 4349799.15,
        "trend": 39.631,
        "fair_value": 44.008141,
        "relative_strength": -57.24088,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.746525,
        "energy": 95.012323,
        "activity_lines": [
          25.359333,
          31.396545,
          36.31,
          37.93643
        ]
      },
      {
        "date": "2026-02-27",
        "close": 22.43,
        "volume": 8240527,
        "typical_volume": 4574772.35,
        "trend": 39.077667,
        "fair_value": 43.901987,
        "relative_strength": -54.990423,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.013851,
        "energy": 90.960708,
        "activity_lines": [
          23.396667,
          28.912909,
          34.797619,
          36.826688
        ]
      },
      {
        "date": "2026-03-06",
        "close": 27.81,
        "volume": 10401452,
        "typical_volume": 4863509.1,
        "trend": 38.773333,
        "fair_value": 43.831987,
        "relative_strength": -42.433749,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.812647,
        "energy": 86.527195,
        "activity_lines": [
          24.309333,
          27.835091,
          33.870619,
          36.099742
        ]
      },
      {
        "date": "2026-03-13",
        "close": 25.65,
        "volume": 5599344,
        "typical_volume": 5011521.85,
        "trend": 38.224333,
        "fair_value": 43.744679,
        "relative_strength": -45.307945,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.258216,
        "energy": 63.074147,
        "activity_lines": [
          24.911333,
          26.725636,
          32.782286,
          35.253075
        ]
      },
      {
        "date": "2026-03-20",
        "close": 25.73,
        "volume": 3548773,
        "typical_volume": 5047758.95,
        "trend": 37.654667,
        "fair_value": 43.640705,
        "relative_strength": -42.881558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.959181,
        "energy": 56.243971,
        "activity_lines": [
          25.424667,
          25.962,
          31.769524,
          34.446989
        ]
      },
      {
        "date": "2026-03-27",
        "close": 24.68,
        "volume": 3834665,
        "typical_volume": 5027196.1,
        "trend": 36.944333,
        "fair_value": 43.511474,
        "relative_strength": -42.173262,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.764857,
        "energy": 46.960565,
        "activity_lines": [
          25.421333,
          25.331091,
          30.717,
          33.609914
        ]
      },
      {
        "date": "2026-04-03",
        "close": 24.78,
        "volume": 3144909,
        "typical_volume": 4926482.2,
        "trend": 36.280333,
        "fair_value": 43.381026,
        "relative_strength": -43.024687,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.729412,
        "energy": 46.93762,
        "activity_lines": [
          25.261333,
          24.965818,
          29.738,
          32.825118
        ]
      },
      {
        "date": "2026-04-10",
        "close": 20.37,
        "volume": 4894719,
        "typical_volume": 4986922.5,
        "trend": 35.454,
        "fair_value": 43.226923,
        "relative_strength": -54.190534,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.524767,
        "energy": 58.132666,
        "activity_lines": [
          23.474667,
          24.051091,
          28.426095,
          31.798645
        ]
      },
      {
        "date": "2026-04-17",
        "close": 22.82,
        "volume": 4109026,
        "typical_volume": 5089933.85,
        "trend": 34.73,
        "fair_value": 43.083462,
        "relative_strength": -50.606718,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.361487,
        "energy": 54.409804,
        "activity_lines": [
          23.000667,
          23.828727,
          27.448381,
          30.983548
        ]
      },
      {
        "date": "2026-04-24",
        "close": 22.25,
        "volume": 3095589,
        "typical_volume": 5054882.7,
        "trend": 34.068333,
        "fair_value": 42.967628,
        "relative_strength": -51.810678,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.811286,
        "energy": 54.078956,
        "activity_lines": [
          22.525333,
          23.522727,
          26.513381,
          30.178387
        ]
      },
      {
        "date": "2026-05-01",
        "close": 23.5,
        "volume": 3306911,
        "typical_volume": 5114142.0,
        "trend": 33.540667,
        "fair_value": 42.876154,
        "relative_strength": -48.678523,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.901513,
        "energy": 52.440175,
        "activity_lines": [
          22.698667,
          23.461818,
          25.79719,
          29.496559
        ]
      },
      {
        "date": "2026-05-08",
        "close": 24.84,
        "volume": 4452807,
        "typical_volume": 5165223.2,
        "trend": 33.11,
        "fair_value": 42.754071,
        "relative_strength": -47.450459,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.843075,
        "energy": 48.172648,
        "activity_lines": [
          23.397333,
          23.614182,
          25.301381,
          28.935226
        ]
      },
      {
        "date": "2026-05-15",
        "close": 20.99,
        "volume": 7418920,
        "typical_volume": 5469290.65,
        "trend": 32.572,
        "fair_value": 42.630994,
        "relative_strength": -54.360925,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.40688,
        "energy": 51.492266,
        "activity_lines": [
          22.808667,
          23.022727,
          24.539429,
          28.15329
        ]
      },
      {
        "date": "2026-05-22",
        "close": 20.4,
        "volume": 6177872,
        "typical_volume": 5690037.95,
        "trend": 31.921333,
        "fair_value": 42.512147,
        "relative_strength": -55.123165,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.379961,
        "energy": 51.995628,
        "activity_lines": [
          21.982,
          22.448,
          23.848333,
          27.368
        ]
      },
      {
        "date": "2026-05-29",
        "close": 23.09,
        "volume": 4378761,
        "typical_volume": 5805704.45,
        "trend": 31.411667,
        "fair_value": 42.393365,
        "relative_strength": -49.479752,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.96802,
        "energy": 44.103857,
        "activity_lines": [
          22.213333,
          22.457818,
          23.52519,
          26.798237
        ]
      },
      {
        "date": "2026-06-05",
        "close": 24.35,
        "volume": 7068251,
        "typical_volume": 6001848.4,
        "trend": 30.952667,
        "fair_value": 42.26734,
        "relative_strength": -42.865846,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.507576,
        "energy": 38.667404,
        "activity_lines": [
          22.808667,
          22.744727,
          23.419381,
          26.342645
        ]
      },
      {
        "date": "2026-06-12",
        "close": 23.9,
        "volume": 4514308,
        "typical_volume": 6144273.95,
        "trend": 30.313667,
        "fair_value": 42.112404,
        "relative_strength": -43.962381,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.032481,
        "energy": 29.949439,
        "activity_lines": [
          23.197333,
          22.955818,
          23.337095,
          25.887634
        ]
      },
      {
        "date": "2026-06-19",
        "close": 22.04,
        "volume": 4924576,
        "typical_volume": 6205046.0,
        "trend": 29.663333,
        "fair_value": 41.950929,
        "relative_strength": -48.48312,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.411442,
        "energy": 25.918768,
        "activity_lines": [
          23.028667,
          22.844727,
          23.147952,
          25.353849
        ]
      },
      {
        "date": "2026-06-26",
        "close": 25.01,
        "volume": 5195652,
        "typical_volume": 5645203.1,
        "trend": 29.057333,
        "fair_value": 41.842596,
        "relative_strength": -37.578521,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.850747,
        "energy": 17.282776,
        "activity_lines": [
          23.78,
          23.243273,
          23.298381,
          25.053634
        ]
      },
      {
        "date": "2026-07-03",
        "close": 27.39,
        "volume": 3117300,
        "typical_volume": 5156073.4,
        "trend": 28.530333,
        "fair_value": 41.77016,
        "relative_strength": -31.091192,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.990728,
        "energy": 9.02096,
        "activity_lines": [
          25.017333,
          24.034727,
          23.670286,
          24.946065
        ]
      },
      {
        "date": "2026-07-10",
        "close": 28.07,
        "volume": 3232839,
        "typical_volume": 5032860.05,
        "trend": 28.033333,
        "fair_value": 41.702083,
        "relative_strength": -29.630577,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.993972,
        "energy": 18.621161,
        "activity_lines": [
          26.194667,
          24.856364,
          24.087143,
          24.916366
        ]
      },
      {
        "date": "2026-07-17",
        "close": 29.12,
        "volume": 3641116,
        "typical_volume": 4802889.5,
        "trend": 27.472333,
        "fair_value": 41.638397,
        "relative_strength": -22.907734,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 31.375847,
        "energy": 40.521292,
        "activity_lines": [
          27.474,
          25.785818,
          24.574286,
          24.986473
        ]
      },
      {
        "date": "2026-07-24",
        "close": 27.47,
        "volume": 3357478,
        "typical_volume": 4450690.8,
        "trend": 26.799,
        "fair_value": 41.561538,
        "relative_strength": -25.205345,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 20.361164,
        "energy": 44.646648,
        "activity_lines": [
          27.855333,
          26.337455,
          24.872429,
          24.986323
        ]
      },
      {
        "date": "2026-07-31",
        "close": 32.69,
        "volume": 4115843,
        "typical_volume": 4376515.75,
        "trend": 26.426333,
        "fair_value": 41.538782,
        "relative_strength": -10.7366,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 52.906164,
        "energy": 66.285723,
        "activity_lines": [
          29.614667,
          27.720364,
          25.669333,
          25.366387
        ]
      },
      {
        "date": "2026-08-07",
        "close": 37.73,
        "volume": 5850161,
        "typical_volume": 4491585.15,
        "trend": 26.233,
        "fair_value": 41.560449,
        "relative_strength": -1.527995,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 62.415452,
        "energy": 76.990758,
        "activity_lines": [
          32.542,
          29.796182,
          26.912714,
          26.095656
        ]
      }
    ],
    "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."
    }
  }
}