{
  "ticker": {
    "uuid": "f00f74eb-b877-4178-ba75-472d7976898b",
    "symbol": "301391",
    "name": "Colorlight Cloud Tech Ltd",
    "exchange": "SHZ",
    "country": "CN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "399001.SZ",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -67.41,
    "architecture_energy": 85.223,
    "architecture_maturity": 38.0,
    "architecture_confidence": 91.676,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 6.79,
        "rotation_up": 11.41,
        "upward_expansion": 21.34,
        "deceleration": 37.31,
        "rotation_down": 76.45,
        "downward_expansion": 97.01
      },
      "activity_lines": [
        47.523334,
        51.035818,
        59.05,
        63.391548
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 50.900002,
    "trend_reference": 68.588666,
    "distance_from_trend": -0.257895,
    "trend_direction": "Weakening",
    "fair_value": 57.967685,
    "distance_from_fair_value": -0.121925,
    "fair_value_direction": "Weakening",
    "relative_strength": -30.558427,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.30635,
    "excess_performance": -0.31375,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.257895,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.1252,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.121925,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.556072,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.305584,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.375505,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.30635,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.375641,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 7501289,
      "relative_activity": 0.983528,
      "balance": 0.375641,
      "dry_up": 1.027843,
      "accumulation_observations": 0,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.134804,
      "annualized_volatility": 0.567853,
      "from_high_reference": -0.499656,
      "from_low_reference": 0.245108
    },
    "levels": {
      "trend_reference": 68.588666,
      "fair_value_reference": 57.967685,
      "structural_low": 40.880001,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": 0.001548,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.015137,
        "regime_survival": 0.7,
        "best_return": 0.357016,
        "worst_return": -0.163447,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.001803,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.139234,
        "regime_survival": 0.5,
        "best_return": 0.295887,
        "worst_return": -0.200548,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.663781,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.391417,
        "regime_survival": 0.0,
        "best_return": 1.434003,
        "worst_return": -0.106441,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.016487,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.189377,
        "regime_survival": 0.0,
        "best_return": -0.016487,
        "worst_return": -0.016487,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-11-15",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": -0.144357,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-03",
        "end": "2025-01-17",
        "tenure": "New",
        "return": 0.077348,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-24",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.007723,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-07",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": 0.04954,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-14",
        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.135989,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-04",
        "end": "2025-04-18",
        "tenure": "New",
        "return": -0.1024,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.099386,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-06-27",
        "tenure": "New",
        "return": 0.139066,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-04",
        "end": "2025-07-11",
        "tenure": "New",
        "return": 0.031656,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-18",
        "end": "2025-12-12",
        "tenure": "Established",
        "return": 0.872437,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-19",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": -0.128091,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-03",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.19845,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-01",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": -0.2321,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-12",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.192063,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-07-28",
        "close": 68.720772,
        "volume": 2133927,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-04",
        "close": 69.015305,
        "volume": 2497368,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-11",
        "close": 66.99556,
        "volume": 1248153,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-18",
        "close": 65.992691,
        "volume": 2793127,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 59.652901,
        "volume": 4130110,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 63.082279,
        "volume": 6232830,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 61.777855,
        "volume": 2830278,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 58.636013,
        "volume": 4265157,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 57.577045,
        "volume": 3630899,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 57.773411,
        "volume": 1995177,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 58.874458,
        "volume": 3686178,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 58.208218,
        "volume": 4339709,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 66.76413,
        "volume": 12915219,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 69.555313,
        "volume": 5662373,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 71.967804,
        "volume": 6561766,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 72.332474,
        "volume": 5158782,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 72.535858,
        "volume": 4094274,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 76.231728,
        "volume": 3655020,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 75.355095,
        "volume": 3943956,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 76.371986,
        "volume": 4155827,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 75.810951,
        "volume": 1981332,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 80.285271,
        "volume": 2955830,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 77.529144,
        "volume": 3494299,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 78.609146,
        "volume": 3497592,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 76.982124,
        "volume": 2606378,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 70.908829,
        "volume": 3945814,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 69.983116,
        "volume": 6224769,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 82.753853,
        "volume": 6711355,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 80.860329,
        "volume": 5964741,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 79.170181,
        "volume": 4815585,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 79.471748,
        "volume": 4705647,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 88.076752,
        "volume": 6928012,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 89.06559,
        "volume": 5555688,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 84.408928,
        "volume": 4583873,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 83.665543,
        "volume": 4325010,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 73.349365,
        "volume": 6908059,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 60.227974,
        "volume": 16668919,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 61.223824,
        "volume": 9893168,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 60.115768,
        "volume": 3049099,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 57.177303,
        "volume": 7243080,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 55.613396,
        "volume": 12395082,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 54.294945,
        "volume": 8933006,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 51.145325,
        "volume": 9722968,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 47.676495,
        "volume": 8666048,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 48.892578,
        "volume": 5795346,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 46.11153,
        "volume": 6219203,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 43.639492,
        "volume": 7995617,
        "typical_volume": 7353975.3,
        "trend": 69.500277,
        "fair_value": 69.404661,
        "relative_strength": -30.300381,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.235657,
        "energy": 88.506525,
        "activity_lines": [
          46.387975,
          49.637496,
          58.505853,
          63.840157
        ]
      },
      {
        "date": "2024-07-05",
        "close": 40.579346,
        "volume": 7287756,
        "typical_volume": 7382795.35,
        "trend": 68.311864,
        "fair_value": 69.048793,
        "relative_strength": -33.598004,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.705767,
        "energy": 87.178919,
        "activity_lines": [
          44.083396,
          47.453911,
          56.051786,
          61.97429
        ]
      },
      {
        "date": "2024-07-12",
        "close": 40.240437,
        "volume": 6091050,
        "typical_volume": 7389110.8,
        "trend": 67.141376,
        "fair_value": 68.697472,
        "relative_strength": -34.812975,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.262314,
        "energy": 89.456801,
        "activity_lines": [
          42.370246,
          45.58406,
          53.766273,
          60.16323
        ]
      },
      {
        "date": "2024-07-19",
        "close": 38.625637,
        "volume": 5520480,
        "typical_volume": 7424355.55,
        "trend": 65.883164,
        "fair_value": 68.33516,
        "relative_strength": -37.316234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.908864,
        "energy": 92.750334,
        "activity_lines": [
          40.614566,
          43.781979,
          51.520398,
          58.323505
        ]
      },
      {
        "date": "2024-07-26",
        "close": 36.661957,
        "volume": 6563740,
        "typical_volume": 7517260.2,
        "trend": 64.578198,
        "fair_value": 67.958098,
        "relative_strength": -37.872756,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.428908,
        "energy": 93.317833,
        "activity_lines": [
          38.888789,
          41.960168,
          49.280575,
          56.438266
        ]
      },
      {
        "date": "2024-08-02",
        "close": 37.977718,
        "volume": 6381387,
        "typical_volume": 7489928.95,
        "trend": 63.167946,
        "fair_value": 67.605388,
        "relative_strength": -34.958564,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.175445,
        "energy": 88.652325,
        "activity_lines": [
          38.23157,
          40.722157,
          47.369919,
          54.722106
        ]
      },
      {
        "date": "2024-08-09",
        "close": 36.562279,
        "volume": 4879089,
        "typical_volume": 7456099.0,
        "trend": 61.802384,
        "fair_value": 67.244422,
        "relative_strength": -35.858633,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.389389,
        "energy": 87.42351,
        "activity_lines": [
          37.47999,
          39.523471,
          45.563026,
          53.005611
        ]
      },
      {
        "date": "2024-08-16",
        "close": 36.053913,
        "volume": 3855009,
        "typical_volume": 7419655.8,
        "trend": 60.383876,
        "fair_value": 66.88591,
        "relative_strength": -36.088467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.680814,
        "energy": 70.21269,
        "activity_lines": [
          36.826759,
          38.497502,
          43.957732,
          51.34442
        ]
      },
      {
        "date": "2024-08-23",
        "close": 33.542004,
        "volume": 4323529,
        "typical_volume": 7419581.75,
        "trend": 58.935872,
        "fair_value": 66.507002,
        "relative_strength": -38.95607,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.614736,
        "energy": 72.733839,
        "activity_lines": [
          35.615327,
          37.226141,
          42.343472,
          49.612686
        ]
      },
      {
        "date": "2024-08-30",
        "close": 30.342306,
        "volume": 12127238,
        "typical_volume": 7680540.7,
        "trend": 57.583654,
        "fair_value": 66.100657,
        "relative_strength": -45.463161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.322172,
        "energy": 74.889302,
        "activity_lines": [
          33.676237,
          35.652118,
          40.663161,
          47.76794
        ]
      },
      {
        "date": "2024-09-06",
        "close": 29.335546,
        "volume": 6555996,
        "typical_volume": 7174894.55,
        "trend": 56.228735,
        "fair_value": 65.692156,
        "relative_strength": -45.502229,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -85.858623,
        "energy": 80.871013,
        "activity_lines": [
          31.822871,
          34.181761,
          39.091765,
          45.945481
        ]
      },
      {
        "date": "2024-09-13",
        "close": 28.239077,
        "volume": 5227022,
        "typical_volume": 6941587.25,
        "trend": 54.411576,
        "fair_value": 65.280584,
        "relative_strength": -46.182289,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.229551,
        "energy": 83.950381,
        "activity_lines": [
          30.180161,
          32.772118,
          37.563049,
          44.139697
        ]
      },
      {
        "date": "2024-09-20",
        "close": 28.059654,
        "volume": 3434279,
        "typical_volume": 6960846.25,
        "trend": 52.651554,
        "fair_value": 64.876008,
        "relative_strength": -46.73591,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.371722,
        "energy": 86.339049,
        "activity_lines": [
          29.032522,
          31.554221,
          36.174316,
          42.439573
        ]
      },
      {
        "date": "2024-09-27",
        "close": 34.887672,
        "volume": 11087616,
        "typical_volume": 7153073.05,
        "trend": 51.17547,
        "fair_value": 64.553553,
        "relative_strength": -43.443063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.771662,
        "energy": 67.063481,
        "activity_lines": [
          30.69384,
          31.799251,
          35.588518,
          41.293516
        ]
      },
      {
        "date": "2024-10-04",
        "close": 40.818577,
        "volume": 6365488,
        "typical_volume": 6851593.35,
        "trend": 49.887031,
        "fair_value": 64.301053,
        "relative_strength": -39.888857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.613759,
        "energy": 51.169831,
        "activity_lines": [
          34.242416,
          33.19059,
          35.67371,
          40.625329
        ]
      },
      {
        "date": "2024-10-11",
        "close": 36.632053,
        "volume": 19330988,
        "typical_volume": 7371492.45,
        "trend": 48.172208,
        "fair_value": 64.009801,
        "relative_strength": -43.187906,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.74096,
        "energy": 26.846589,
        "activity_lines": [
          35.697065,
          33.745167,
          35.430637,
          39.770169
        ]
      },
      {
        "date": "2024-10-18",
        "close": 38.0774,
        "volume": 10928540,
        "typical_volume": 7431771.05,
        "trend": 46.472601,
        "fair_value": 63.739672,
        "relative_strength": -42.26316,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.377235,
        "energy": 31.411561,
        "activity_lines": [
          37.147063,
          34.587002,
          35.409324,
          39.118892
        ]
      },
      {
        "date": "2024-10-25",
        "close": 39.213741,
        "volume": 13863742,
        "typical_volume": 7691655.75,
        "trend": 44.966095,
        "fair_value": 63.486827,
        "relative_strength": -41.586406,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -7.182727,
        "energy": 23.296783,
        "activity_lines": [
          38.319953,
          35.607897,
          35.558463,
          38.650578
        ]
      },
      {
        "date": "2024-11-01",
        "close": 40.928223,
        "volume": 19744263,
        "typical_volume": 8389101.6,
        "trend": 43.541518,
        "fair_value": 63.256637,
        "relative_strength": -37.519388,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.939497,
        "energy": 19.386006,
        "activity_lines": [
          39.320731,
          36.883064,
          35.911185,
          38.39007
        ]
      },
      {
        "date": "2024-11-08",
        "close": 43.340454,
        "volume": 14775015,
        "typical_volume": 8816892.2,
        "trend": 42.541221,
        "fair_value": 63.055464,
        "relative_strength": -37.412954,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 14.599102,
        "energy": 27.136194,
        "activity_lines": [
          40.722883,
          38.462524,
          36.531568,
          38.377098
        ]
      },
      {
        "date": "2024-11-15",
        "close": 45.573265,
        "volume": 19326185,
        "typical_volume": 9383420.6,
        "trend": 42.052731,
        "fair_value": 62.880642,
        "relative_strength": -31.026116,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.843123,
        "energy": 39.424024,
        "activity_lines": [
          42.701179,
          40.21162,
          37.377796,
          38.572714
        ]
      },
      {
        "date": "2024-11-22",
        "close": 38.476116,
        "volume": 10797399,
        "typical_volume": 9558902.75,
        "trend": 41.294474,
        "fair_value": 62.639013,
        "relative_strength": -39.360962,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.79391,
        "energy": 30.43184,
        "activity_lines": [
          41.717679,
          40.375093,
          37.538896,
          38.341965
        ]
      },
      {
        "date": "2024-11-29",
        "close": 40.639153,
        "volume": 6109281,
        "typical_volume": 9559814.3,
        "trend": 40.645253,
        "fair_value": 62.423328,
        "relative_strength": -36.282059,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.96856,
        "energy": 24.646455,
        "activity_lines": [
          41.42861,
          40.745718,
          37.916015,
          38.299686
        ]
      },
      {
        "date": "2024-12-06",
        "close": 40.619217,
        "volume": 5849233,
        "typical_volume": 9576251.95,
        "trend": 40.093317,
        "fair_value": 62.211637,
        "relative_strength": -36.545358,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 15.653274,
        "energy": 17.037443,
        "activity_lines": [
          41.037869,
          40.884,
          38.289337,
          38.298006
        ]
      },
      {
        "date": "2024-12-13",
        "close": 43.200905,
        "volume": 12374391,
        "typical_volume": 9866784.5,
        "trend": 39.679567,
        "fair_value": 62.028842,
        "relative_strength": -31.158917,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.191788,
        "energy": 17.919765,
        "activity_lines": [
          41.52829,
          41.38747,
          38.899041,
          38.498496
        ]
      },
      {
        "date": "2024-12-20",
        "close": 42.582893,
        "volume": 19207767,
        "typical_volume": 10508103.5,
        "trend": 39.289165,
        "fair_value": 61.843642,
        "relative_strength": -30.779922,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.678732,
        "energy": 19.389289,
        "activity_lines": [
          41.822011,
          41.735259,
          39.418748,
          38.685807
        ]
      },
      {
        "date": "2024-12-27",
        "close": 38.994446,
        "volume": 7798407,
        "typical_volume": 10654069.4,
        "trend": 38.884136,
        "fair_value": 61.628084,
        "relative_strength": -35.716224,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 10.832996,
        "energy": 11.465429,
        "activity_lines": [
          41.11894,
          41.322407,
          39.57477,
          38.666793
        ]
      },
      {
        "date": "2025-01-03",
        "close": 32.475441,
        "volume": 5328275,
        "typical_volume": 10727732.7,
        "trend": 38.377434,
        "fair_value": 61.355629,
        "relative_strength": -41.315521,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.753999,
        "energy": 14.217884,
        "activity_lines": [
          38.208313,
          39.707607,
          39.098352,
          38.253329
        ]
      },
      {
        "date": "2025-01-10",
        "close": 33.432358,
        "volume": 7706322,
        "typical_volume": 10896872.35,
        "trend": 37.862094,
        "fair_value": 61.09708,
        "relative_strength": -37.874446,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.059093,
        "energy": 25.805281,
        "activity_lines": [
          36.160906,
          38.389306,
          38.730109,
          37.934292
        ]
      },
      {
        "date": "2025-01-17",
        "close": 34.987347,
        "volume": 4793072,
        "typical_volume": 10530164.05,
        "trend": 37.491288,
        "fair_value": 60.857542,
        "relative_strength": -36.139032,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.510266,
        "energy": 35.042205,
        "activity_lines": [
          35.110952,
          37.490019,
          38.510482,
          37.748824
        ]
      },
      {
        "date": "2025-01-24",
        "close": 37.429485,
        "volume": 7200780,
        "typical_volume": 10562403.25,
        "trend": 37.284287,
        "fair_value": 60.644559,
        "relative_strength": -31.298047,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.800669,
        "energy": 33.935464,
        "activity_lines": [
          35.422614,
          37.186632,
          38.501321,
          37.744837
        ]
      },
      {
        "date": "2025-01-31",
        "close": 37.718555,
        "volume": 1319680,
        "typical_volume": 10367036.15,
        "trend": 37.188928,
        "fair_value": 60.438019,
        "relative_strength": -28.701653,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -14.499568,
        "energy": 29.445237,
        "activity_lines": [
          36.174194,
          37.083872,
          38.481148,
          37.772854
        ]
      },
      {
        "date": "2025-02-07",
        "close": 40.041077,
        "volume": 4739953,
        "typical_volume": 10432319.85,
        "trend": 37.182282,
        "fair_value": 60.255903,
        "relative_strength": -25.977298,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 29.850456,
        "energy": 14.094789,
        "activity_lines": [
          37.785007,
          37.417162,
          38.637027,
          37.956864
        ]
      },
      {
        "date": "2025-02-14",
        "close": 39.871624,
        "volume": 6494988,
        "typical_volume": 10202688.45,
        "trend": 37.223815,
        "fair_value": 60.075511,
        "relative_strength": -25.899501,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 36.754973,
        "energy": 23.846185,
        "activity_lines": [
          38.834961,
          37.730517,
          38.719713,
          38.13037
        ]
      },
      {
        "date": "2025-02-21",
        "close": 40.639153,
        "volume": 6641860,
        "typical_volume": 10216507.05,
        "trend": 37.356388,
        "fair_value": 59.905017,
        "relative_strength": -24.624205,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 43.791579,
        "energy": 31.551365,
        "activity_lines": [
          39.711472,
          38.197015,
          38.851764,
          38.350714
        ]
      },
      {
        "date": "2025-02-28",
        "close": 39.881588,
        "volume": 8485276,
        "typical_volume": 9674221.45,
        "trend": 37.419851,
        "fair_value": 59.7309,
        "relative_strength": -21.962018,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 40.257295,
        "energy": 31.047491,
        "activity_lines": [
          39.958676,
          38.572352,
          38.912521,
          38.51363
        ]
      },
      {
        "date": "2025-03-07",
        "close": 42.024693,
        "volume": 25421088,
        "typical_volume": 10398848.85,
        "trend": 37.601931,
        "fair_value": 59.57826,
        "relative_strength": -18.023592,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 60.197356,
        "energy": 46.82613,
        "activity_lines": [
          40.756773,
          39.386458,
          39.161908,
          38.810717
        ]
      },
      {
        "date": "2025-03-14",
        "close": 43.539814,
        "volume": 9124940,
        "typical_volume": 10161908.75,
        "trend": 37.851461,
        "fair_value": 59.44118,
        "relative_strength": -14.297555,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.843674,
        "energy": 59.655431,
        "activity_lines": [
          41.772836,
          40.420946,
          39.536797,
          39.193806
        ]
      },
      {
        "date": "2025-03-21",
        "close": 40.589314,
        "volume": 7410238,
        "typical_volume": 9545207.5,
        "trend": 38.086372,
        "fair_value": 59.281418,
        "relative_strength": -16.007361,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.434581,
        "energy": 47.243973,
        "activity_lines": [
          41.572149,
          40.717808,
          39.610085,
          39.370442
        ]
      },
      {
        "date": "2025-03-28",
        "close": 37.618877,
        "volume": 5091056,
        "typical_volume": 9061009.55,
        "trend": 38.328924,
        "fair_value": 59.09938,
        "relative_strength": -19.710414,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 26.416726,
        "energy": 19.867717,
        "activity_lines": [
          40.33347,
          40.344465,
          39.402088,
          39.340281
        ]
      },
      {
        "date": "2025-04-04",
        "close": 37.379646,
        "volume": 3257500,
        "typical_volume": 8257575.3,
        "trend": 38.597061,
        "fair_value": 58.918382,
        "relative_strength": -16.485579,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.008947,
        "energy": 5.306179,
        "activity_lines": [
          39.2164,
          39.879779,
          39.198552,
          39.279037
        ]
      },
      {
        "date": "2025-04-11",
        "close": 33.661617,
        "volume": 6813388,
        "typical_volume": 8058374.75,
        "trend": 38.777812,
        "fair_value": 58.709649,
        "relative_strength": -19.098914,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -35.41347,
        "energy": 33.693985,
        "activity_lines": [
          37.026783,
          38.739994,
          38.679936,
          38.960621
        ]
      },
      {
        "date": "2025-04-18",
        "close": 33.551971,
        "volume": 2717141,
        "typical_volume": 7888767.75,
        "trend": 38.960889,
        "fair_value": 58.503438,
        "relative_strength": -17.783582,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -72.965179,
        "energy": 70.376628,
        "activity_lines": [
          35.358155,
          37.654036,
          38.173804,
          38.62347
        ]
      },
      {
        "date": "2025-04-25",
        "close": 34.100204,
        "volume": 2618238,
        "typical_volume": 7727218.0,
        "trend": 38.93464,
        "fair_value": 58.305038,
        "relative_strength": -16.413447,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.467728,
        "energy": 75.735291,
        "activity_lines": [
          34.538128,
          36.785741,
          37.753633,
          38.309877
        ]
      },
      {
        "date": "2025-05-02",
        "close": 34.768055,
        "volume": 1902406,
        "typical_volume": 7203618.75,
        "trend": 38.732956,
        "fair_value": 58.115223,
        "relative_strength": -13.512728,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.722362,
        "energy": 73.407378,
        "activity_lines": [
          34.373326,
          36.143807,
          37.42811,
          38.041066
        ]
      },
      {
        "date": "2025-05-09",
        "close": 35.984138,
        "volume": 3121800,
        "typical_volume": 6399320.4,
        "trend": 38.711359,
        "fair_value": 57.938175,
        "relative_strength": -11.521139,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.017303,
        "energy": 61.590699,
        "activity_lines": [
          34.803939,
          35.829727,
          37.25856,
          37.863722
        ]
      },
      {
        "date": "2025-05-16",
        "close": 36.014046,
        "volume": 2685288,
        "typical_volume": 6143664.45,
        "trend": 38.642581,
        "fair_value": 57.764174,
        "relative_strength": -10.973073,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.667465,
        "energy": 36.412222,
        "activity_lines": [
          35.337555,
          35.591948,
          37.123282,
          37.689702
        ]
      },
      {
        "date": "2025-05-23",
        "close": 35.575455,
        "volume": 3064666,
        "typical_volume": 6030484.0,
        "trend": 38.521304,
        "fair_value": 57.589459,
        "relative_strength": -10.675131,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.304105,
        "energy": 26.032328,
        "activity_lines": [
          35.568146,
          35.383709,
          36.960425,
          37.491823
        ]
      },
      {
        "date": "2025-05-30",
        "close": 37.050705,
        "volume": 8527977,
        "typical_volume": 6071566.75,
        "trend": 38.392054,
        "fair_value": 57.429,
        "relative_strength": -5.299797,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -34.978295,
        "energy": 17.447552,
        "activity_lines": [
          36.155588,
          35.588504,
          36.923306,
          37.396946
        ]
      },
      {
        "date": "2025-06-06",
        "close": 37.489296,
        "volume": 3562053,
        "typical_volume": 6010015.8,
        "trend": 38.197015,
        "fair_value": 57.274429,
        "relative_strength": -4.834669,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.918944,
        "energy": 17.221564,
        "activity_lines": [
          36.692526,
          35.937381,
          36.910728,
          37.338703
        ]
      },
      {
        "date": "2025-06-13",
        "close": 37.68,
        "volume": 4109937,
        "typical_volume": 5855473.65,
        "trend": 37.933906,
        "fair_value": 57.123703,
        "relative_strength": -3.01554,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.169013,
        "energy": 15.513089,
        "activity_lines": [
          37.111617,
          36.323288,
          36.904398,
          37.305348
        ]
      },
      {
        "date": "2025-06-20",
        "close": 38.610001,
        "volume": 10810713,
        "typical_volume": 6330025.3,
        "trend": 37.938369,
        "fair_value": 56.982377,
        "relative_strength": 1.163436,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.738107,
        "energy": 15.151324,
        "activity_lines": [
          37.727651,
          36.872825,
          36.985446,
          37.348967
        ]
      },
      {
        "date": "2025-06-27",
        "close": 42.919998,
        "volume": 10957475,
        "typical_volume": 6640901.4,
        "trend": 38.014397,
        "fair_value": 56.875844,
        "relative_strength": 8.845901,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 40.782623,
        "energy": 41.111684,
        "activity_lines": [
          39.607286,
          38.116027,
          37.472726,
          37.670362
        ]
      },
      {
        "date": "2025-07-04",
        "close": 40.75,
        "volume": 7406772,
        "typical_volume": 6686490.6,
        "trend": 38.018757,
        "fair_value": 56.754597,
        "relative_strength": 2.471476,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 26.77683,
        "energy": 44.517073,
        "activity_lines": [
          40.273953,
          38.794356,
          37.73963,
          37.846852
        ]
      },
      {
        "date": "2025-07-11",
        "close": 42.040001,
        "volume": 4471871,
        "typical_volume": 6577991.15,
        "trend": 37.98006,
        "fair_value": 56.644786,
        "relative_strength": 4.189111,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 72.519711,
        "energy": 73.432264,
        "activity_lines": [
          41.124,
          39.586325,
          38.125208,
          38.106288
        ]
      },
      {
        "date": "2025-07-18",
        "close": 43.900002,
        "volume": 8257704,
        "typical_volume": 6566612.55,
        "trend": 38.023964,
        "fair_value": 56.55038,
        "relative_strength": 6.800213,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.042328,
        "energy": 79.968563,
        "activity_lines": [
          42.290667,
          40.58426,
          38.681259,
          38.488219
        ]
      },
      {
        "date": "2025-07-25",
        "close": 44.189999,
        "volume": 4019512,
        "typical_volume": 5496533.75,
        "trend": 38.197149,
        "fair_value": 56.459495,
        "relative_strength": 5.223082,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.846703,
        "energy": 77.917646,
        "activity_lines": [
          43.139334,
          41.490996,
          39.245793,
          38.886028
        ]
      },
      {
        "date": "2025-08-01",
        "close": 44.759998,
        "volume": 6773566,
        "typical_volume": 5378965.05,
        "trend": 38.606634,
        "fair_value": 56.374097,
        "relative_strength": 8.498933,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.7234,
        "energy": 79.282195,
        "activity_lines": [
          43.806,
          42.352714,
          39.854301,
          39.309438
        ]
      },
      {
        "date": "2025-08-08",
        "close": 46.509998,
        "volume": 5674893,
        "typical_volume": 5292197.8,
        "trend": 39.042555,
        "fair_value": 56.302618,
        "relative_strength": 11.450375,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.221063,
        "energy": 80.860882,
        "activity_lines": [
          44.933332,
          43.365623,
          40.623666,
          39.819332
        ]
      },
      {
        "date": "2025-08-15",
        "close": 51.959999,
        "volume": 12981014,
        "typical_volume": 5686695.7,
        "trend": 39.60831,
        "fair_value": 56.271377,
        "relative_strength": 19.004642,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.847834,
        "energy": 90.366715,
        "activity_lines": [
          47.493332,
          45.197454,
          41.883885,
          40.652716
        ]
      },
      {
        "date": "2025-08-22",
        "close": 56.09,
        "volume": 16004081,
        "typical_volume": 6324024.75,
        "trend": 40.230327,
        "fair_value": 56.270081,
        "relative_strength": 22.531837,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.837244,
        "energy": 94.486404,
        "activity_lines": [
          50.768666,
          47.51709,
          43.469147,
          41.71605
        ]
      },
      {
        "date": "2025-08-29",
        "close": 55.540001,
        "volume": 14362408,
        "typical_volume": 6701475.75,
        "trend": 40.824376,
        "fair_value": 56.264903,
        "relative_strength": 15.826411,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.300561,
        "energy": 92.54477,
        "activity_lines": [
          53.048,
          49.402,
          44.91293,
          42.703771
        ]
      },
      {
        "date": "2025-09-05",
        "close": 55.25,
        "volume": 11482848,
        "typical_volume": 7139761.1,
        "trend": 41.33134,
        "fair_value": 56.257756,
        "relative_strength": 15.728165,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.365271,
        "energy": 87.903577,
        "activity_lines": [
          54.474,
          50.926363,
          46.224912,
          43.634457
        ]
      },
      {
        "date": "2025-09-12",
        "close": 55.18,
        "volume": 8805388,
        "typical_volume": 7449118.6,
        "trend": 41.841619,
        "fair_value": 56.250219,
        "relative_strength": 12.181713,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.782546,
        "energy": 78.945172,
        "activity_lines": [
          55.177333,
          52.213818,
          47.426903,
          44.527919
        ]
      },
      {
        "date": "2025-09-19",
        "close": 71.839996,
        "volume": 19238682,
        "typical_volume": 8315932.4,
        "trend": 42.881647,
        "fair_value": 56.358482,
        "relative_strength": 42.952098,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.796199,
        "energy": 89.113857,
        "activity_lines": [
          60.855999,
          56.267999,
          50.11518,
          46.463298
        ]
      },
      {
        "date": "2025-09-26",
        "close": 78.610001,
        "volume": 22344220,
        "typical_volume": 9277053.4,
        "trend": 44.172594,
        "fair_value": 56.51194,
        "relative_strength": 53.038855,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.626352,
        "energy": 93.717114,
        "activity_lines": [
          67.465999,
          61.011272,
          53.271686,
          48.768353
        ]
      },
      {
        "date": "2025-10-03",
        "close": 77.0,
        "volume": 6019444,
        "typical_volume": 9443761.2,
        "trend": 45.338438,
        "fair_value": 56.652269,
        "relative_strength": 45.082802,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.634584,
        "energy": 94.053678,
        "activity_lines": [
          72.037999,
          64.830727,
          56.071879,
          50.88625
        ]
      },
      {
        "date": "2025-10-10",
        "close": 73.790001,
        "volume": 5339259,
        "typical_volume": 9557490.85,
        "trend": 46.346777,
        "fair_value": 56.768853,
        "relative_strength": 39.527255,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.430164,
        "energy": 87.821369,
        "activity_lines": [
          74.109333,
          67.47,
          58.371187,
          52.721835
        ]
      },
      {
        "date": "2025-10-17",
        "close": 85.279999,
        "volume": 19200371,
        "typical_volume": 10091110.55,
        "trend": 47.836467,
        "fair_value": 56.961496,
        "relative_strength": 67.250176,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.863655,
        "energy": 87.703812,
        "activity_lines": [
          78.774666,
          71.670545,
          61.582806,
          55.233656
        ]
      },
      {
        "date": "2025-10-24",
        "close": 83.0,
        "volume": 11696200,
        "typical_volume": 10497817.9,
        "trend": 49.349171,
        "fair_value": 57.136251,
        "relative_strength": 53.550179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.640051,
        "energy": 69.639751,
        "activity_lines": [
          80.673333,
          74.751636,
          64.347619,
          57.502271
        ]
      },
      {
        "date": "2025-10-31",
        "close": 88.029999,
        "volume": 13798201,
        "typical_volume": 10982231.1,
        "trend": 51.037516,
        "fair_value": 57.342209,
        "relative_strength": 59.758532,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.195744,
        "energy": 70.565035,
        "activity_lines": [
          83.504666,
          78.182909,
          67.374762,
          59.997808
        ]
      },
      {
        "date": "2025-11-07",
        "close": 90.25,
        "volume": 14349957,
        "typical_volume": 11159193.3,
        "trend": 52.923795,
        "fair_value": 57.560141,
        "relative_strength": 61.324802,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.207212,
        "energy": 70.029859,
        "activity_lines": [
          86.448,
          81.437091,
          70.373571,
          62.527646
        ]
      },
      {
        "date": "2025-11-14",
        "close": 91.199997,
        "volume": 14262799,
        "typical_volume": 11324459.5,
        "trend": 54.845396,
        "fair_value": 57.781456,
        "relative_strength": 63.339657,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.918152,
        "energy": 67.589099,
        "activity_lines": [
          88.824665,
          84.232908,
          73.216952,
          64.997078
        ]
      },
      {
        "date": "2025-11-21",
        "close": 78.400002,
        "volume": 10057765,
        "typical_volume": 11457009.15,
        "trend": 56.322056,
        "fair_value": 57.916218,
        "relative_strength": 46.297834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.185843,
        "energy": 58.850048,
        "activity_lines": [
          85.774,
          84.047818,
          74.611381,
          66.51673
        ]
      },
      {
        "date": "2025-11-28",
        "close": 83.699997,
        "volume": 5223820,
        "typical_volume": 11494606.6,
        "trend": 57.953121,
        "fair_value": 58.083645,
        "relative_strength": 49.067681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.766688,
        "energy": 51.895142,
        "activity_lines": [
          84.948666,
          84.404181,
          76.331285,
          68.283049
        ]
      },
      {
        "date": "2025-12-05",
        "close": 83.449997,
        "volume": 4547862,
        "typical_volume": 11309114.5,
        "trend": 59.535316,
        "fair_value": 58.247299,
        "relative_strength": 45.106275,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.330936,
        "energy": 40.396872,
        "activity_lines": [
          83.993332,
          84.499453,
          77.828999,
          69.928008
        ]
      },
      {
        "date": "2025-12-12",
        "close": 82.199997,
        "volume": 4790981,
        "typical_volume": 11347687.95,
        "trend": 61.074848,
        "fair_value": 58.400842,
        "relative_strength": 40.402005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.822983,
        "energy": 30.581088,
        "activity_lines": [
          82.926664,
          84.279453,
          79.019332,
          71.390246
        ]
      },
      {
        "date": "2025-12-19",
        "close": 78.459999,
        "volume": 6645214,
        "typical_volume": 11341270.35,
        "trend": 62.504333,
        "fair_value": 58.513921,
        "relative_strength": 34.067585,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.870845,
        "energy": 28.144874,
        "activity_lines": [
          81.149998,
          83.284907,
          79.672475,
          72.511869
        ]
      },
      {
        "date": "2025-12-26",
        "close": 79.360001,
        "volume": 6298576,
        "typical_volume": 11372454.5,
        "trend": 63.914643,
        "fair_value": 58.624815,
        "relative_strength": 29.764412,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.875577,
        "energy": 23.116515,
        "activity_lines": [
          80.522666,
          82.36909,
          80.250856,
          73.599331
        ]
      },
      {
        "date": "2026-01-02",
        "close": 84.849998,
        "volume": 4494476,
        "typical_volume": 10948127.6,
        "trend": 65.493333,
        "fair_value": 58.743555,
        "relative_strength": 37.786685,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.752485,
        "energy": 25.349647,
        "activity_lines": [
          81.661332,
          82.55909,
          81.195666,
          74.949999
        ]
      },
      {
        "date": "2026-01-09",
        "close": 82.139999,
        "volume": 9556088,
        "typical_volume": 10625727.95,
        "trend": 66.975333,
        "fair_value": 58.878883,
        "relative_strength": 26.479637,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.610228,
        "energy": 21.57308,
        "activity_lines": [
          81.819999,
          82.222726,
          81.725761,
          76.023978
        ]
      },
      {
        "date": "2026-01-16",
        "close": 81.370003,
        "volume": 9879158,
        "typical_volume": 10401565.45,
        "trend": 68.400666,
        "fair_value": 59.018435,
        "relative_strength": 22.725184,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.839808,
        "energy": 20.308147,
        "activity_lines": [
          81.809334,
          81.853454,
          82.058475,
          76.952666
        ]
      },
      {
        "date": "2026-01-23",
        "close": 77.620003,
        "volume": 11114390,
        "typical_volume": 10383142.55,
        "trend": 69.557333,
        "fair_value": 59.09628,
        "relative_strength": 14.955574,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.364793,
        "energy": 16.462921,
        "activity_lines": [
          80.604001,
          80.963818,
          81.911047,
          77.547462
        ]
      },
      {
        "date": "2026-01-30",
        "close": 73.379997,
        "volume": 5990570,
        "typical_volume": 10242401.65,
        "trend": 70.644999,
        "fair_value": 59.088633,
        "relative_strength": 9.808948,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.328348,
        "energy": 8.028722,
        "activity_lines": [
          78.041333,
          79.550182,
          81.253285,
          77.794085
        ]
      },
      {
        "date": "2026-02-06",
        "close": 71.449997,
        "volume": 4553440,
        "typical_volume": 9508139.55,
        "trend": 71.625333,
        "fair_value": 59.047523,
        "relative_strength": 8.620616,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.647301,
        "energy": 17.001586,
        "activity_lines": [
          75.233999,
          77.876908,
          80.325047,
          77.846021
        ]
      },
      {
        "date": "2026-02-13",
        "close": 73.989998,
        "volume": 5501354,
        "typical_volume": 8665996.25,
        "trend": 72.628333,
        "fair_value": 59.042132,
        "relative_strength": 10.249203,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -0.245051,
        "energy": 25.436126,
        "activity_lines": [
          74.166665,
          76.888181,
          79.64057,
          77.99858
        ]
      },
      {
        "date": "2026-02-27",
        "close": 77.889999,
        "volume": 4959382,
        "typical_volume": 8612993.15,
        "trend": 73.751666,
        "fair_value": 59.040964,
        "relative_strength": 12.139058,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 1.046288,
        "energy": 23.924819,
        "activity_lines": [
          74.942665,
          76.780545,
          79.349523,
          78.338042
        ]
      },
      {
        "date": "2026-03-06",
        "close": 81.209999,
        "volume": 10291146,
        "typical_volume": 8860587.5,
        "trend": 74.966666,
        "fair_value": 59.070997,
        "relative_strength": 18.64032,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.834417,
        "energy": 12.55128,
        "activity_lines": [
          77.057332,
          77.354908,
          79.370428,
          78.819225
        ]
      },
      {
        "date": "2026-03-13",
        "close": 76.889999,
        "volume": 13838190,
        "typical_volume": 8592478.45,
        "trend": 75.979333,
        "fair_value": 59.055375,
        "relative_strength": 10.812847,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.026222,
        "energy": 10.049728,
        "activity_lines": [
          77.492665,
          77.093817,
          78.94457,
          78.943311
        ]
      },
      {
        "date": "2026-03-20",
        "close": 67.129997,
        "volume": 8778134,
        "typical_volume": 8446575.15,
        "trend": 76.484999,
        "fair_value": 58.924909,
        "relative_strength": -0.704531,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -40.290253,
        "energy": 21.513263,
        "activity_lines": [
          74.440665,
          75.103089,
          77.629142,
          78.372386
        ]
      },
      {
        "date": "2026-03-27",
        "close": 68.410004,
        "volume": 7568846,
        "typical_volume": 8135107.4,
        "trend": 76.895666,
        "fair_value": 58.83616,
        "relative_strength": 1.497156,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -36.123499,
        "energy": 30.192594,
        "activity_lines": [
          72.103333,
          73.667272,
          76.51119,
          77.851419
        ]
      },
      {
        "date": "2026-04-03",
        "close": 64.5,
        "volume": 4416229,
        "typical_volume": 7638421.0,
        "trend": 77.194333,
        "fair_value": 58.808588,
        "relative_strength": -1.87836,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.914076,
        "energy": 68.679757,
        "activity_lines": [
          68.834667,
          71.770181,
          75.114285,
          77.051698
        ]
      },
      {
        "date": "2026-04-10",
        "close": 77.0,
        "volume": 7407032,
        "typical_volume": 7295632.65,
        "trend": 77.919333,
        "fair_value": 58.890636,
        "relative_strength": 8.554286,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.36295,
        "energy": 56.873372,
        "activity_lines": [
          70.625334,
          72.452545,
          75.030476,
          77.039161
        ]
      },
      {
        "date": "2026-04-17",
        "close": 80.199997,
        "volume": 11744273,
        "typical_volume": 7379958.05,
        "trend": 78.753333,
        "fair_value": 58.973625,
        "relative_strength": 7.868563,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.082937,
        "energy": 18.889942,
        "activity_lines": [
          73.763333,
          73.727999,
          75.319047,
          77.1863
        ]
      },
      {
        "date": "2026-04-24",
        "close": 77.300003,
        "volume": 11408640,
        "typical_volume": 7689199.05,
        "trend": 78.935333,
        "fair_value": 59.040572,
        "relative_strength": 2.895341,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.159622,
        "energy": 14.814087,
        "activity_lines": [
          75.714,
          74.352182,
          75.322857,
          77.092537
        ]
      },
      {
        "date": "2026-05-01",
        "close": 83.239998,
        "volume": 19775360,
        "typical_volume": 8450573.95,
        "trend": 79.089666,
        "fair_value": 59.16396,
        "relative_strength": 8.714328,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.059277,
        "energy": 14.808709,
        "activity_lines": [
          78.966666,
          75.95,
          75.922857,
          77.370257
        ]
      },
      {
        "date": "2026-05-08",
        "close": 85.019997,
        "volume": 8516505,
        "typical_volume": 8636850.15,
        "trend": 79.356999,
        "fair_value": 59.282604,
        "relative_strength": 6.992052,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.253281,
        "energy": 26.504718,
        "activity_lines": [
          81.823999,
          77.703272,
          76.69338,
          77.752859
        ]
      },
      {
        "date": "2026-05-15",
        "close": 77.330002,
        "volume": 11403033,
        "typical_volume": 8874741.1,
        "trend": 79.474999,
        "fair_value": 59.364584,
        "relative_strength": -3.186456,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.765933,
        "energy": 18.212631,
        "activity_lines": [
          80.75,
          77.928727,
          76.718095,
          77.622085
        ]
      },
      {
        "date": "2026-05-22",
        "close": 71.300003,
        "volume": 10610648,
        "typical_volume": 9090344.7,
        "trend": 79.008999,
        "fair_value": 59.432502,
        "relative_strength": -11.284851,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -21.709846,
        "energy": 12.932576,
        "activity_lines": [
          77.644001,
          77.128364,
          76.173905,
          77.094666
        ]
      },
      {
        "date": "2026-05-29",
        "close": 64.879997,
        "volume": 9871334,
        "typical_volume": 9359187.6,
        "trend": 78.404999,
        "fair_value": 59.439305,
        "relative_strength": -19.355053,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -48.051731,
        "energy": 25.780038,
        "activity_lines": [
          72.991333,
          75.262363,
          75.056666,
          76.183118
        ]
      },
      {
        "date": "2026-06-05",
        "close": 63.919998,
        "volume": 1184700,
        "typical_volume": 8940618.2,
        "trend": 77.601333,
        "fair_value": 59.368476,
        "relative_strength": -19.342472,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -62.150121,
        "energy": 46.960781,
        "activity_lines": [
          68.846666,
          73.262727,
          73.943095,
          75.248602
        ]
      },
      {
        "date": "2026-06-12",
        "close": 63.0,
        "volume": 1823200,
        "typical_volume": 8537820.3,
        "trend": 76.692999,
        "fair_value": 59.246344,
        "relative_strength": -18.796692,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.934141,
        "energy": 66.597992,
        "activity_lines": [
          65.683333,
          71.177454,
          72.828666,
          74.30658
        ]
      },
      {
        "date": "2026-06-19",
        "close": 65.849998,
        "volume": 6047619,
        "typical_volume": 8284481.75,
        "trend": 75.847999,
        "fair_value": 59.193326,
        "relative_strength": -20.887158,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.943344,
        "energy": 67.775564,
        "activity_lines": [
          64.937999,
          69.637636,
          72.073142,
          73.607032
        ]
      },
      {
        "date": "2026-06-26",
        "close": 56.549999,
        "volume": 2031657,
        "typical_volume": 8086536.1,
        "trend": 75.119666,
        "fair_value": 59.070893,
        "relative_strength": -30.920011,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.818223,
        "energy": 75.967785,
        "activity_lines": [
          61.857999,
          66.609636,
          70.487952,
          72.361999
        ]
      },
      {
        "date": "2026-07-03",
        "close": 57.139999,
        "volume": 1288600,
        "typical_volume": 7923294.1,
        "trend": 74.234333,
        "fair_value": 58.914164,
        "relative_strength": -29.248859,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.512634,
        "energy": 73.726018,
        "activity_lines": [
          59.957999,
          64.118908,
          69.039095,
          71.202021
        ]
      },
      {
        "date": "2026-07-10",
        "close": 53.029999,
        "volume": 6083644,
        "typical_volume": 7952408.6,
        "trend": 73.220333,
        "fair_value": 58.747138,
        "relative_strength": -31.844638,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.062473,
        "energy": 78.621084,
        "activity_lines": [
          57.203999,
          61.247454,
          67.266952,
          69.833999
        ]
      },
      {
        "date": "2026-07-17",
        "close": 45.290001,
        "volume": 7311265,
        "typical_volume": 8070002.75,
        "trend": 71.989999,
        "fair_value": 58.510716,
        "relative_strength": -35.953541,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.252655,
        "energy": 89.863174,
        "activity_lines": [
          52.596,
          57.517999,
          64.857476,
          68.032042
        ]
      },
      {
        "date": "2026-07-24",
        "close": 44.18,
        "volume": 9072147,
        "typical_volume": 8009052.8,
        "trend": 70.847333,
        "fair_value": 58.306201,
        "relative_strength": -37.64129,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.213464,
        "energy": 91.11117,
        "activity_lines": [
          48.798667,
          54.30909,
          62.497523,
          66.237849
        ]
      },
      {
        "date": "2026-07-31",
        "close": 45.549999,
        "volume": 7472412,
        "typical_volume": 7690763.9,
        "trend": 69.720333,
        "fair_value": 58.084573,
        "relative_strength": -34.633547,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.061621,
        "energy": 89.508681,
        "activity_lines": [
          46.902666,
          51.951999,
          60.44438,
          64.605763
        ]
      },
      {
        "date": "2026-08-07",
        "close": 50.900002,
        "volume": 7501289,
        "typical_volume": 7626921.65,
        "trend": 68.588666,
        "fair_value": 57.967685,
        "relative_strength": -30.558427,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.410239,
        "energy": 85.222825,
        "activity_lines": [
          47.523334,
          51.035818,
          59.05,
          63.391548
        ]
      }
    ],
    "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."
    }
  }
}