{
  "ticker": {
    "uuid": "f0991ecb-077a-4ca5-b2fd-305ca8a4ea75",
    "symbol": "3465",
    "name": "New Advanced Electronics Technologies Co., Ltd.",
    "exchange": "TWO",
    "country": "TW",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-14",
    "benchmark": "^TWII",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 95.502,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -61.264,
    "architecture_energy": 58.042,
    "architecture_maturity": 21.365,
    "architecture_confidence": 90.07,
    "architecture_tenure": "New",
    "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": 26.66,
        "rotation_up": 13.3,
        "upward_expansion": 11.18,
        "deceleration": 40.1,
        "rotation_down": 67.43,
        "downward_expansion": 86.85
      },
      "activity_lines": [
        29.963334,
        31.393571,
        31.599472,
        33.251251
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 29.5,
    "trend_reference": 36.512976,
    "distance_from_trend": -0.192068,
    "trend_direction": "Weakening",
    "fair_value": 55.601323,
    "distance_from_fair_value": -0.469437,
    "fair_value_direction": "Improving",
    "relative_strength": -50.402503,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.373673,
    "excess_performance": -0.815045,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.192068,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.10544,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.469437,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.062919,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.504025,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.099224,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.373673,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.364133,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 123772,
      "relative_activity": 0.387517,
      "balance": 0.364133,
      "dry_up": 0.636959,
      "accumulation_observations": 2,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.124693,
      "annualized_volatility": 0.434914,
      "from_high_reference": -0.444444,
      "from_low_reference": 0.113208
    },
    "levels": {
      "trend_reference": 36.512976,
      "fair_value_reference": 55.601323,
      "structural_low": 26.5,
      "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": 38,
        "median_return": -0.014063,
        "positive_rate": 0.394737,
        "directional_follow_through": 0.605263,
        "median_excess_return": -0.015233,
        "regime_survival": 0.842105,
        "best_return": 0.308108,
        "worst_return": -0.303136,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": -0.046687,
        "positive_rate": 0.285714,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.104653,
        "regime_survival": 0.642857,
        "best_return": 0.339639,
        "worst_return": -0.303136,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": -0.062201,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.147072,
        "regime_survival": 0.5,
        "best_return": -0.00512,
        "worst_return": -0.309664,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.269729,
        "positive_rate": 0.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.360935,
        "regime_survival": 0.75,
        "best_return": -0.032491,
        "worst_return": -0.398729,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-02-23",
        "end": "2024-03-15",
        "tenure": "New",
        "return": -0.081769,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-03-22",
        "end": "2024-04-26",
        "tenure": "Developing",
        "return": -0.021309,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-05-03",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": -0.012676,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-12",
        "end": "2024-10-11",
        "tenure": "Established",
        "return": -0.063753,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-10-18",
        "end": "2025-01-24",
        "tenure": "Established",
        "return": -0.047544,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-02-07",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": -0.188732,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-04",
        "end": "2025-06-20",
        "tenure": "Developing",
        "return": -0.112195,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-06-27",
        "end": "2025-12-26",
        "tenure": "Extended",
        "return": -0.050434,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-02",
        "end": "2026-01-09",
        "tenure": "New",
        "return": -0.018036,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-01-16",
        "end": "2026-01-30",
        "tenure": "New",
        "return": -0.133911,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-06",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.087049,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-27",
        "end": "2026-07-17",
        "tenure": "Established",
        "return": -0.234491,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-07-24",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-31",
        "end": "2026-08-14",
        "tenure": "New",
        "return": -0.023179,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-11",
        "close": 72.491104,
        "volume": 449000,
        "typical_volume": 255516.15,
        "trend": 82.657941,
        "fair_value": 119.842441,
        "relative_strength": -19.105257,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.456477,
        "energy": 62.773712,
        "activity_lines": [
          76.791746,
          77.68161,
          78.932684,
          80.346744
        ]
      },
      {
        "date": "2023-08-18",
        "close": 69.8619,
        "volume": 198000,
        "typical_volume": 260007.0,
        "trend": 82.21077,
        "fair_value": 119.896185,
        "relative_strength": -20.558377,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.175939,
        "energy": 84.290032,
        "activity_lines": [
          74.012295,
          76.191117,
          77.928583,
          79.521193
        ]
      },
      {
        "date": "2023-08-25",
        "close": 69.48629,
        "volume": 264000,
        "typical_volume": 271639.85,
        "trend": 81.257652,
        "fair_value": 119.930763,
        "relative_strength": -20.779269,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.246643,
        "energy": 89.118782,
        "activity_lines": [
          71.908924,
          74.792033,
          76.959943,
          78.700259
        ]
      },
      {
        "date": "2023-09-01",
        "close": 69.392395,
        "volume": 121000,
        "typical_volume": 261057.55,
        "trend": 80.452762,
        "fair_value": 119.88257,
        "relative_strength": -21.142494,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.870298,
        "energy": 90.612239,
        "activity_lines": [
          70.462858,
          73.534152,
          76.059706,
          77.934759
        ]
      },
      {
        "date": "2023-09-08",
        "close": 66.199783,
        "volume": 146000,
        "typical_volume": 262088.95,
        "trend": 79.723081,
        "fair_value": 119.834995,
        "relative_strength": -23.860237,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.154662,
        "energy": 94.358139,
        "activity_lines": [
          68.616151,
          71.854127,
          74.915908,
          77.015212
        ]
      },
      {
        "date": "2023-09-15",
        "close": 68.547295,
        "volume": 190000,
        "typical_volume": 221590.8,
        "trend": 79.041379,
        "fair_value": 119.767329,
        "relative_strength": -22.157064,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.343425,
        "energy": 84.31152,
        "activity_lines": [
          68.303151,
          70.797487,
          74.065758,
          76.294193
        ]
      },
      {
        "date": "2023-09-22",
        "close": 67.044884,
        "volume": 42000,
        "typical_volume": 199323.7,
        "trend": 78.391329,
        "fair_value": 119.688952,
        "relative_strength": -20.571706,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.640152,
        "energy": 73.755413,
        "activity_lines": [
          67.752269,
          69.633122,
          73.158663,
          75.520226
        ]
      },
      {
        "date": "2023-09-29",
        "close": 67.232681,
        "volume": 32000,
        "typical_volume": 186212.5,
        "trend": 77.786893,
        "fair_value": 119.419869,
        "relative_strength": -19.748222,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.727601,
        "energy": 62.822195,
        "activity_lines": [
          67.451786,
          68.772652,
          72.361021,
          74.800313
        ]
      },
      {
        "date": "2023-10-06",
        "close": 65.918076,
        "volume": 38000,
        "typical_volume": 171328.6,
        "trend": 77.19918,
        "fair_value": 119.128845,
        "relative_strength": -21.35266,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.221274,
        "energy": 63.405926,
        "activity_lines": [
          66.863342,
          67.901938,
          71.509391,
          74.034583
        ]
      },
      {
        "date": "2023-10-13",
        "close": 66.199783,
        "volume": 18000,
        "typical_volume": 159943.95,
        "trend": 76.732861,
        "fair_value": 118.661233,
        "relative_strength": -21.526391,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.21777,
        "energy": 63.965408,
        "activity_lines": [
          66.600422,
          67.326585,
          70.759035,
          73.324944
        ]
      },
      {
        "date": "2023-10-20",
        "close": 65.730278,
        "volume": 52000,
        "typical_volume": 143788.4,
        "trend": 76.123752,
        "fair_value": 118.101414,
        "relative_strength": -19.772672,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.638577,
        "energy": 65.712615,
        "activity_lines": [
          66.181,
          66.870741,
          70.031014,
          72.6151
        ]
      },
      {
        "date": "2023-10-27",
        "close": 64.979073,
        "volume": 27000,
        "typical_volume": 137353.2,
        "trend": 75.462359,
        "fair_value": 117.534077,
        "relative_strength": -18.519914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.959661,
        "energy": 68.708919,
        "activity_lines": [
          65.698977,
          66.401239,
          69.285166,
          71.896089
        ]
      },
      {
        "date": "2023-11-03",
        "close": 64.32177,
        "volume": 50000,
        "typical_volume": 135758.4,
        "trend": 74.748783,
        "fair_value": 117.254444,
        "relative_strength": -20.628856,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.85694,
        "energy": 62.070191,
        "activity_lines": [
          65.135575,
          65.901006,
          68.541797,
          71.177341
        ]
      },
      {
        "date": "2023-11-10",
        "close": 64.509567,
        "volume": 43000,
        "typical_volume": 134875.2,
        "trend": 74.162554,
        "fair_value": 116.878709,
        "relative_strength": -20.624585,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.052419,
        "energy": 60.624201,
        "activity_lines": [
          64.828832,
          65.528817,
          67.882358,
          70.516746
        ]
      },
      {
        "date": "2023-11-17",
        "close": 65.636375,
        "volume": 137000,
        "typical_volume": 137074.3,
        "trend": 73.653238,
        "fair_value": 116.569661,
        "relative_strength": -21.242941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.360265,
        "energy": 57.041631,
        "activity_lines": [
          64.991592,
          65.450282,
          67.394954,
          69.96667
        ]
      },
      {
        "date": "2023-11-24",
        "close": 63.664474,
        "volume": 126000,
        "typical_volume": 132404.15,
        "trend": 72.887481,
        "fair_value": 116.275003,
        "relative_strength": -23.507353,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.389422,
        "energy": 59.877093,
        "activity_lines": [
          64.534612,
          65.023463,
          66.773914,
          69.322234
        ]
      },
      {
        "date": "2023-12-01",
        "close": 72.695175,
        "volume": 550000,
        "typical_volume": 143550.0,
        "trend": 72.434857,
        "fair_value": 115.940928,
        "relative_strength": -13.136595,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.207359,
        "energy": 16.753416,
        "activity_lines": [
          67.225587,
          66.327368,
          67.079521,
          69.309827
        ]
      },
      {
        "date": "2023-12-08",
        "close": 76.07859,
        "volume": 638000,
        "typical_volume": 167300.0,
        "trend": 72.231234,
        "fair_value": 115.644759,
        "relative_strength": -8.525852,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 17.014067,
        "energy": 27.297322,
        "activity_lines": [
          70.529959,
          68.143707,
          67.751102,
          69.544907
        ]
      },
      {
        "date": "2023-12-15",
        "close": 77.04528,
        "volume": 118000,
        "typical_volume": 167000.0,
        "trend": 72.081025,
        "fair_value": 115.349381,
        "relative_strength": -8.583124,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 44.577459,
        "energy": 50.875909,
        "activity_lines": [
          73.372774,
          69.974974,
          68.532542,
          69.85549
        ]
      },
      {
        "date": "2023-12-22",
        "close": 76.851944,
        "volume": 53000,
        "typical_volume": 164600.0,
        "trend": 71.966752,
        "fair_value": 115.052763,
        "relative_strength": -8.156904,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.794439,
        "energy": 53.523319,
        "activity_lines": [
          75.315429,
          71.568775,
          69.306524,
          70.163292
        ]
      },
      {
        "date": "2023-12-29",
        "close": 74.725227,
        "volume": 67000,
        "typical_volume": 145500.0,
        "trend": 71.890565,
        "fair_value": 114.710078,
        "relative_strength": -12.025284,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.882665,
        "energy": 66.672947,
        "activity_lines": [
          75.801474,
          72.582225,
          69.880895,
          70.341258
        ]
      },
      {
        "date": "2024-01-05",
        "close": 76.948616,
        "volume": 133000,
        "typical_volume": 142250.0,
        "trend": 71.834003,
        "fair_value": 114.295151,
        "relative_strength": -6.994582,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.205437,
        "energy": 65.623966,
        "activity_lines": [
          76.291265,
          73.836383,
          70.656378,
          70.667584
        ]
      },
      {
        "date": "2024-01-12",
        "close": 76.368607,
        "volume": 118000,
        "typical_volume": 134950.0,
        "trend": 71.773242,
        "fair_value": 113.841368,
        "relative_strength": -7.336159,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.921966,
        "energy": 45.018402,
        "activity_lines": [
          76.304157,
          74.767456,
          71.342876,
          70.960139
        ]
      },
      {
        "date": "2024-01-19",
        "close": 77.528633,
        "volume": 258000,
        "typical_volume": 141800.0,
        "trend": 71.754177,
        "fair_value": 113.408535,
        "relative_strength": -6.354271,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 41.204368,
        "energy": 42.509218,
        "activity_lines": [
          76.684389,
          75.690411,
          72.10708,
          71.331454
        ]
      },
      {
        "date": "2024-01-26",
        "close": 76.948616,
        "volume": 88000,
        "typical_volume": 138900.0,
        "trend": 71.752103,
        "fair_value": 112.950361,
        "relative_strength": -7.806311,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 36.368964,
        "energy": 40.15131,
        "activity_lines": [
          76.839059,
          76.271197,
          72.7773,
          71.666579
        ]
      },
      {
        "date": "2024-02-02",
        "close": 75.498573,
        "volume": 83000,
        "typical_volume": 133550.0,
        "trend": 71.680505,
        "fair_value": 112.434239,
        "relative_strength": -9.185432,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 59.567649,
        "energy": 44.315696,
        "activity_lines": [
          76.503937,
          76.382662,
          73.258236,
          71.908287
        ]
      },
      {
        "date": "2024-02-09",
        "close": 75.401909,
        "volume": 6000,
        "typical_volume": 131750.0,
        "trend": 71.46453,
        "fair_value": 111.933715,
        "relative_strength": -8.917833,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.906904,
        "energy": 37.680956,
        "activity_lines": [
          76.085037,
          76.261386,
          73.696864,
          72.148378
        ]
      },
      {
        "date": "2024-02-16",
        "close": 74.725227,
        "volume": 26000,
        "typical_volume": 131450.0,
        "trend": 71.29486,
        "fair_value": 111.404527,
        "relative_strength": -11.570622,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.492436,
        "energy": 28.808533,
        "activity_lines": [
          75.54369,
          75.967864,
          74.031251,
          72.358745
        ]
      },
      {
        "date": "2024-02-23",
        "close": 72.115158,
        "volume": 145000,
        "typical_volume": 136800.0,
        "trend": 71.053837,
        "fair_value": 110.845093,
        "relative_strength": -15.300298,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.571527,
        "energy": 21.255262,
        "activity_lines": [
          74.241879,
          75.22439,
          74.081381,
          72.411668
        ]
      },
      {
        "date": "2024-03-01",
        "close": 71.728485,
        "volume": 102000,
        "typical_volume": 141000.0,
        "trend": 70.862526,
        "fair_value": 110.364268,
        "relative_strength": -15.35524,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.8633,
        "energy": 21.792577,
        "activity_lines": [
          73.172075,
          74.500251,
          74.065176,
          72.455193
        ]
      },
      {
        "date": "2024-03-08",
        "close": 68.151726,
        "volume": 133000,
        "typical_volume": 145050.0,
        "trend": 70.71788,
        "fair_value": 109.847,
        "relative_strength": -22.382752,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -19.549074,
        "energy": 31.005712,
        "activity_lines": [
          71.258027,
          73.218945,
          73.681999,
          72.280303
        ]
      },
      {
        "date": "2024-03-15",
        "close": 66.218338,
        "volume": 113000,
        "typical_volume": 149350.0,
        "trend": 70.596428,
        "fair_value": 109.303825,
        "relative_strength": -23.586421,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -45.10828,
        "energy": 58.101093,
        "activity_lines": [
          69.189306,
          71.705633,
          73.10316,
          71.99001
        ]
      },
      {
        "date": "2024-03-22",
        "close": 63.511608,
        "volume": 93000,
        "typical_volume": 151500.0,
        "trend": 70.397272,
        "fair_value": 108.737893,
        "relative_strength": -28.015432,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.070499,
        "energy": 76.97479,
        "activity_lines": [
          66.83058,
          69.895284,
          72.260636,
          71.532925
        ]
      },
      {
        "date": "2024-03-29",
        "close": 63.608284,
        "volume": 35000,
        "typical_volume": 151100.0,
        "trend": 70.204468,
        "fair_value": 108.196906,
        "relative_strength": -27.432937,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.502859,
        "energy": 79.962581,
        "activity_lines": [
          65.251654,
          68.336276,
          71.431176,
          71.094926
        ]
      },
      {
        "date": "2024-04-05",
        "close": 72.405167,
        "volume": 111000,
        "typical_volume": 149800.0,
        "trend": 70.411314,
        "fair_value": 107.698796,
        "relative_strength": -16.886533,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.259776,
        "energy": 54.238446,
        "activity_lines": [
          67.172146,
          68.629799,
          71.443807,
          71.236906
        ]
      },
      {
        "date": "2024-04-12",
        "close": 66.508354,
        "volume": 229000,
        "typical_volume": 154950.0,
        "trend": 70.343349,
        "fair_value": 107.154777,
        "relative_strength": -24.464236,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.714746,
        "energy": 38.913767,
        "activity_lines": [
          67.081923,
          67.933782,
          70.862605,
          70.985102
        ]
      },
      {
        "date": "2024-04-19",
        "close": 62.931591,
        "volume": 77000,
        "typical_volume": 131300.0,
        "trend": 70.20624,
        "fair_value": 106.398624,
        "relative_strength": -23.418729,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.318382,
        "energy": 40.89422,
        "activity_lines": [
          65.909003,
          66.750903,
          69.927216,
          70.506924
        ]
      },
      {
        "date": "2024-04-26",
        "close": 62.158241,
        "volume": 51000,
        "typical_volume": 101950.0,
        "trend": 70.037092,
        "fair_value": 105.618592,
        "relative_strength": -25.751925,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -74.204987,
        "energy": 50.165181,
        "activity_lines": [
          64.697417,
          65.654148,
          68.964667,
          69.987699
        ]
      },
      {
        "date": "2024-05-03",
        "close": 68.635071,
        "volume": 65000,
        "typical_volume": 99300.0,
        "trend": 70.127658,
        "fair_value": 104.820615,
        "relative_strength": -18.04891,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.159199,
        "energy": 41.643592,
        "activity_lines": [
          65.734998,
          65.963489,
          68.685248,
          69.897246
        ]
      },
      {
        "date": "2024-05-10",
        "close": 69.505089,
        "volume": 29000,
        "typical_volume": 98100.0,
        "trend": 70.237835,
        "fair_value": 104.090382,
        "relative_strength": -17.780362,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.881061,
        "energy": 30.54576,
        "activity_lines": [
          66.727466,
          66.494289,
          68.528735,
          69.85708
        ]
      },
      {
        "date": "2024-05-17",
        "close": 65.735001,
        "volume": 9000,
        "typical_volume": 95200.0,
        "trend": 70.237992,
        "fair_value": 103.311655,
        "relative_strength": -23.548369,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.362217,
        "energy": 25.785829,
        "activity_lines": [
          66.656576,
          66.380045,
          68.048152,
          69.566575
        ]
      },
      {
        "date": "2024-05-24",
        "close": 58.774818,
        "volume": 195000,
        "typical_volume": 98300.0,
        "trend": 70.031184,
        "fair_value": 102.704548,
        "relative_strength": -31.923752,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.293838,
        "energy": 40.516468,
        "activity_lines": [
          64.317183,
          65.044253,
          66.947505,
          68.827015
        ]
      },
      {
        "date": "2024-05-31",
        "close": 62.834923,
        "volume": 304000,
        "typical_volume": 107600.0,
        "trend": 69.981622,
        "fair_value": 102.096436,
        "relative_strength": -25.287498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.222994,
        "energy": 37.496473,
        "activity_lines": [
          63.608276,
          64.581998,
          66.320076,
          68.36274
        ]
      },
      {
        "date": "2024-06-07",
        "close": 64.091621,
        "volume": 54000,
        "typical_volume": 97400.0,
        "trend": 69.967691,
        "fair_value": 101.47746,
        "relative_strength": -25.55668,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.120165,
        "energy": 44.617119,
        "activity_lines": [
          63.273156,
          64.360538,
          65.876779,
          67.98274
        ]
      },
      {
        "date": "2024-06-14",
        "close": 63.41494,
        "volume": 44000,
        "typical_volume": 95200.0,
        "trend": 69.893643,
        "fair_value": 100.851444,
        "relative_strength": -27.857627,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.346343,
        "energy": 48.352818,
        "activity_lines": [
          63.015373,
          64.007256,
          65.433022,
          67.559982
        ]
      },
      {
        "date": "2024-06-21",
        "close": 62.25491,
        "volume": 87000,
        "typical_volume": 95400.0,
        "trend": 69.846657,
        "fair_value": 100.263941,
        "relative_strength": -30.823056,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.813848,
        "energy": 36.639411,
        "activity_lines": [
          62.776922,
          63.606519,
          64.943231,
          67.06716
        ]
      },
      {
        "date": "2024-06-28",
        "close": 69.601761,
        "volume": 172000,
        "typical_volume": 103700.0,
        "trend": 69.743544,
        "fair_value": 99.707316,
        "relative_strength": -21.318269,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -23.425686,
        "energy": 13.06299,
        "activity_lines": [
          65.219429,
          64.618908,
          65.216206,
          67.051361
        ]
      },
      {
        "date": "2024-07-05",
        "close": 67.765045,
        "volume": 158000,
        "typical_volume": 110300.0,
        "trend": 69.466425,
        "fair_value": 99.157838,
        "relative_strength": -24.425108,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.786236,
        "energy": 14.314867,
        "activity_lines": [
          66.3279,
          65.176073,
          65.341876,
          66.923716
        ]
      },
      {
        "date": "2024-07-12",
        "close": 66.31501,
        "volume": 63000,
        "typical_volume": 106200.0,
        "trend": 69.10875,
        "fair_value": 98.599064,
        "relative_strength": -26.42621,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.877876,
        "energy": 13.466461,
        "activity_lines": [
          66.624352,
          65.367654,
          65.362591,
          66.720398
        ]
      },
      {
        "date": "2024-07-19",
        "close": 65.735001,
        "volume": 60000,
        "typical_volume": 104100.0,
        "trend": 68.738185,
        "fair_value": 97.998732,
        "relative_strength": -23.016792,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.879869,
        "energy": 15.643779,
        "activity_lines": [
          66.579241,
          65.495961,
          65.355686,
          66.502737
        ]
      },
      {
        "date": "2024-07-26",
        "close": 66.697159,
        "volume": 25000,
        "typical_volume": 98700.0,
        "trend": 68.470583,
        "fair_value": 97.377538,
        "relative_strength": -18.58171,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.326442,
        "energy": 10.989382,
        "activity_lines": [
          66.700179,
          65.867753,
          65.468956,
          66.371058
        ]
      },
      {
        "date": "2024-08-02",
        "close": 65.716324,
        "volume": 106000,
        "typical_volume": 98350.0,
        "trend": 68.096173,
        "fair_value": 96.785194,
        "relative_strength": -17.324697,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.975995,
        "energy": 6.69619,
        "activity_lines": [
          66.198022,
          66.043717,
          65.495739,
          66.193364
        ]
      },
      {
        "date": "2024-08-09",
        "close": 61.989128,
        "volume": 177000,
        "typical_volume": 102550.0,
        "trend": 67.616857,
        "fair_value": 96.204097,
        "relative_strength": -20.786112,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.395823,
        "energy": 22.496404,
        "activity_lines": [
          64.712495,
          65.415801,
          65.169942,
          65.799361
        ]
      },
      {
        "date": "2024-08-16",
        "close": 64.539314,
        "volume": 93000,
        "typical_volume": 105450.0,
        "trend": 67.18388,
        "fair_value": 95.612317,
        "relative_strength": -20.196117,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.228862,
        "energy": 19.96934,
        "activity_lines": [
          64.462092,
          65.266932,
          65.09427,
          65.60081
        ]
      },
      {
        "date": "2024-08-23",
        "close": 63.656559,
        "volume": 66000,
        "typical_volume": 103200.0,
        "trend": 66.740811,
        "fair_value": 95.074343,
        "relative_strength": -20.037387,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -39.313098,
        "energy": 28.365099,
        "activity_lines": [
          64.035816,
          64.949423,
          64.930093,
          65.373241
        ]
      },
      {
        "date": "2024-08-30",
        "close": 64.048897,
        "volume": 47000,
        "typical_volume": 94100.0,
        "trend": 66.359155,
        "fair_value": 94.519964,
        "relative_strength": -19.384303,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -47.821626,
        "energy": 40.115505,
        "activity_lines": [
          63.878883,
          64.698855,
          64.844941,
          65.199569
        ]
      },
      {
        "date": "2024-09-06",
        "close": 64.048897,
        "volume": 63000,
        "typical_volume": 93400.0,
        "trend": 65.980722,
        "fair_value": 93.968288,
        "relative_strength": -15.795404,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -45.570859,
        "energy": 29.344986,
        "activity_lines": [
          63.8985,
          64.415669,
          64.7715,
          65.05052
        ]
      },
      {
        "date": "2024-09-13",
        "close": 63.264221,
        "volume": 110000,
        "typical_volume": 96350.0,
        "trend": 65.598688,
        "fair_value": 93.433205,
        "relative_strength": -17.55625,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.764076,
        "energy": 29.499584,
        "activity_lines": [
          63.767721,
          64.090776,
          64.618009,
          64.875262
        ]
      },
      {
        "date": "2024-09-20",
        "close": 62.087212,
        "volume": 56000,
        "typical_volume": 95900.0,
        "trend": 65.264423,
        "fair_value": 92.88515,
        "relative_strength": -19.982435,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.627162,
        "energy": 35.607569,
        "activity_lines": [
          63.159599,
          63.633714,
          64.347154,
          64.648715
        ]
      },
      {
        "date": "2024-09-27",
        "close": 62.381462,
        "volume": 50000,
        "typical_volume": 96950.0,
        "trend": 64.952856,
        "fair_value": 92.350045,
        "relative_strength": -21.34482,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.385434,
        "energy": 41.168725,
        "activity_lines": [
          62.813034,
          63.307022,
          64.135504,
          64.462718
        ]
      },
      {
        "date": "2024-10-04",
        "close": 63.754639,
        "volume": 11000,
        "typical_volume": 97050.0,
        "trend": 64.806286,
        "fair_value": 91.793315,
        "relative_strength": -17.220559,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.491595,
        "energy": 36.657664,
        "activity_lines": [
          63.009201,
          63.290971,
          64.088554,
          64.385413
        ]
      },
      {
        "date": "2024-10-11",
        "close": 62.087212,
        "volume": 39000,
        "typical_volume": 89250.0,
        "trend": 64.668582,
        "fair_value": 91.201,
        "relative_strength": -20.950797,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -57.64218,
        "energy": 43.092892,
        "activity_lines": [
          62.669176,
          63.025252,
          63.892232,
          64.209989
        ]
      },
      {
        "date": "2024-10-18",
        "close": 61.891041,
        "volume": 33000,
        "typical_volume": 75700.0,
        "trend": 64.614563,
        "fair_value": 90.607428,
        "relative_strength": -22.573611,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.472522,
        "energy": 37.757364,
        "activity_lines": [
          62.39454,
          62.78985,
          63.661454,
          64.030793
        ]
      },
      {
        "date": "2024-10-25",
        "close": 59.046608,
        "volume": 75000,
        "typical_volume": 76750.0,
        "trend": 64.462507,
        "fair_value": 89.987323,
        "relative_strength": -25.058335,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.834585,
        "energy": 52.877232,
        "activity_lines": [
          61.263305,
          62.039061,
          63.164272,
          63.67157
        ]
      },
      {
        "date": "2024-11-01",
        "close": 57.477261,
        "volume": 49000,
        "typical_volume": 77000.0,
        "trend": 63.96491,
        "fair_value": 89.312899,
        "relative_strength": -24.640227,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.751313,
        "energy": 70.988209,
        "activity_lines": [
          59.811662,
          61.102804,
          62.541652,
          63.220909
        ]
      },
      {
        "date": "2024-11-08",
        "close": 58.065765,
        "volume": 59000,
        "typical_volume": 75600.0,
        "trend": 63.683491,
        "fair_value": 88.697572,
        "relative_strength": -25.772172,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.206664,
        "energy": 76.329925,
        "activity_lines": [
          58.883132,
          60.385899,
          62.003355,
          62.840319
        ]
      },
      {
        "date": "2024-11-15",
        "close": 52.86731,
        "volume": 141000,
        "typical_volume": 74050.0,
        "trend": 63.348015,
        "fair_value": 88.026791,
        "relative_strength": -29.398316,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.1202,
        "energy": 89.325253,
        "activity_lines": [
          56.601043,
          58.832604,
          60.989916,
          62.142501
        ]
      },
      {
        "date": "2024-11-22",
        "close": 51.788383,
        "volume": 156047,
        "typical_volume": 73952.35,
        "trend": 63.002353,
        "fair_value": 87.365692,
        "relative_strength": -30.751989,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.727392,
        "energy": 92.156515,
        "activity_lines": [
          54.573972,
          57.286442,
          59.953409,
          61.396718
        ]
      },
      {
        "date": "2024-11-29",
        "close": 49.434368,
        "volume": 37000,
        "typical_volume": 72652.35,
        "trend": 62.362329,
        "fair_value": 86.540127,
        "relative_strength": -31.204609,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.881629,
        "energy": 93.560571,
        "activity_lines": [
          52.43574,
          55.520929,
          58.76879,
          60.521364
        ]
      },
      {
        "date": "2024-12-06",
        "close": 50.317123,
        "volume": 135000,
        "typical_volume": 76402.35,
        "trend": 61.72273,
        "fair_value": 85.57361,
        "relative_strength": -31.890706,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.2789,
        "energy": 89.521768,
        "activity_lines": [
          51.232575,
          54.145969,
          57.748627,
          59.744254
        ]
      },
      {
        "date": "2024-12-13",
        "close": 52.278805,
        "volume": 153000,
        "typical_volume": 82802.35,
        "trend": 61.274191,
        "fair_value": 84.533915,
        "relative_strength": -27.793851,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.316293,
        "energy": 82.527391,
        "activity_lines": [
          51.160646,
          53.34703,
          56.988709,
          59.134969
        ]
      },
      {
        "date": "2024-12-20",
        "close": 50.51329,
        "volume": 191000,
        "typical_volume": 87052.35,
        "trend": 60.998806,
        "fair_value": 83.502266,
        "relative_strength": -27.712391,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.141537,
        "energy": 64.647398,
        "activity_lines": [
          50.886011,
          52.435739,
          56.129305,
          58.440717
        ]
      },
      {
        "date": "2024-12-27",
        "close": 52.573055,
        "volume": 219000,
        "typical_volume": 89152.35,
        "trend": 60.656744,
        "fair_value": 82.544678,
        "relative_strength": -26.368239,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.764766,
        "energy": 54.67389,
        "activity_lines": [
          51.454898,
          52.109386,
          55.538465,
          57.89712
        ]
      },
      {
        "date": "2025-01-03",
        "close": 52.573055,
        "volume": 139000,
        "typical_volume": 91452.35,
        "trend": 60.272792,
        "fair_value": 81.64518,
        "relative_strength": -24.190654,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.816217,
        "energy": 43.471616,
        "activity_lines": [
          51.971473,
          51.952451,
          54.992464,
          57.375592
        ]
      },
      {
        "date": "2025-01-10",
        "close": 54.338573,
        "volume": 189000,
        "typical_volume": 97602.35,
        "trend": 59.970246,
        "fair_value": 80.737637,
        "relative_strength": -20.993948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.815302,
        "energy": 34.764749,
        "activity_lines": [
          52.867309,
          52.234221,
          54.671589,
          56.992739
        ]
      },
      {
        "date": "2025-01-17",
        "close": 57.869598,
        "volume": 190000,
        "typical_volume": 104752.35,
        "trend": 59.824069,
        "fair_value": 79.979974,
        "relative_strength": -15.328309,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.965498,
        "energy": 20.850515,
        "activity_lines": [
          54.672056,
          53.215062,
          54.731374,
          56.857213
        ]
      },
      {
        "date": "2025-01-24",
        "close": 58.948521,
        "volume": 108000,
        "typical_volume": 107002.35,
        "trend": 59.468961,
        "fair_value": 79.248592,
        "relative_strength": -14.143072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -10.284534,
        "energy": 19.183098,
        "activity_lines": [
          56.463725,
          54.395637,
          54.923338,
          56.800726
        ]
      },
      {
        "date": "2025-02-07",
        "close": 69.639687,
        "volume": 253171,
        "typical_volume": 114160.9,
        "trend": 59.531449,
        "fair_value": 78.605106,
        "relative_strength": 2.451734,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 48.460029,
        "energy": 45.816471,
        "activity_lines": [
          61.256768,
          57.409494,
          56.157796,
          57.456902
        ]
      },
      {
        "date": "2025-02-14",
        "close": 64.539314,
        "volume": 263211,
        "typical_volume": 124521.45,
        "trend": 59.472259,
        "fair_value": 77.967653,
        "relative_strength": -2.826025,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 32.601211,
        "energy": 43.840229,
        "activity_lines": [
          63.21191,
          59.17144,
          56.876145,
          57.77999
        ]
      },
      {
        "date": "2025-02-21",
        "close": 65.716324,
        "volume": 129086,
        "typical_volume": 128475.75,
        "trend": 59.471637,
        "fair_value": 77.343277,
        "relative_strength": -2.648825,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.997754,
        "energy": 66.164463,
        "activity_lines": [
          64.761638,
          60.872753,
          57.694914,
          58.182833
        ]
      },
      {
        "date": "2025-02-28",
        "close": 66.599083,
        "volume": 93001,
        "typical_volume": 132575.8,
        "trend": 59.468368,
        "fair_value": 76.779884,
        "relative_strength": 2.198233,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 36.458851,
        "energy": 70.665597,
        "activity_lines": [
          65.847103,
          62.454583,
          58.581875,
          58.642668
        ]
      },
      {
        "date": "2025-03-07",
        "close": 64.34314,
        "volume": 160000,
        "typical_volume": 138625.8,
        "trend": 59.422595,
        "fair_value": 76.279485,
        "relative_strength": 1.470498,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.300091,
        "energy": 63.732319,
        "activity_lines": [
          65.598621,
          63.365872,
          59.240439,
          58.95717
        ]
      },
      {
        "date": "2025-03-14",
        "close": 61.792961,
        "volume": 158299,
        "typical_volume": 144890.75,
        "trend": 59.416056,
        "fair_value": 75.76827,
        "relative_strength": 0.580968,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.023809,
        "energy": 37.865427,
        "activity_lines": [
          64.140438,
          63.56204,
          59.645386,
          59.110097
        ]
      },
      {
        "date": "2025-03-21",
        "close": 62.283379,
        "volume": 169001,
        "typical_volume": 149590.8,
        "trend": 59.340858,
        "fair_value": 75.293394,
        "relative_strength": 0.666487,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 19.991861,
        "energy": 25.350558,
        "activity_lines": [
          63.368843,
          63.679741,
          60.097507,
          59.295085
        ]
      },
      {
        "date": "2025-03-28",
        "close": 56.496418,
        "volume": 300001,
        "typical_volume": 162140.85,
        "trend": 59.102187,
        "fair_value": 74.869942,
        "relative_strength": -5.783273,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 20.086275,
        "energy": 19.415355,
        "activity_lines": [
          60.818657,
          62.568715,
          59.983075,
          59.111573
        ]
      },
      {
        "date": "2025-04-04",
        "close": 60.321697,
        "volume": 127105,
        "typical_volume": 165546.1,
        "trend": 58.977947,
        "fair_value": 74.448881,
        "relative_strength": 2.248961,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.21033,
        "energy": 24.586026,
        "activity_lines": [
          60.158224,
          62.113961,
          60.237626,
          59.190251
        ]
      },
      {
        "date": "2025-04-11",
        "close": 53.357731,
        "volume": 374017,
        "typical_volume": 177196.95,
        "trend": 58.621575,
        "fair_value": 73.972938,
        "relative_strength": -0.790195,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.249373,
        "energy": 22.763139,
        "activity_lines": [
          57.594961,
          60.348448,
          59.8182,
          58.827657
        ]
      },
      {
        "date": "2025-04-18",
        "close": 55.417496,
        "volume": 75191,
        "typical_volume": 173154.15,
        "trend": 58.360017,
        "fair_value": 73.507348,
        "relative_strength": 4.004293,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -19.877968,
        "energy": 26.874543,
        "activity_lines": [
          56.450647,
          59.059089,
          59.592607,
          58.620942
        ]
      },
      {
        "date": "2025-04-25",
        "close": 54.927074,
        "volume": 84000,
        "typical_volume": 175504.15,
        "trend": 58.121346,
        "fair_value": 73.215321,
        "relative_strength": 0.930133,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -21.179173,
        "energy": 27.212973,
        "activity_lines": [
          55.567891,
          57.939147,
          59.303025,
          58.399462
        ]
      },
      {
        "date": "2025-05-02",
        "close": 57.084927,
        "volume": 95102,
        "typical_volume": 173509.25,
        "trend": 57.944795,
        "fair_value": 73.002679,
        "relative_strength": 0.520844,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.134937,
        "energy": 24.910059,
        "activity_lines": [
          55.894839,
          57.38631,
          59.192798,
          58.332596
        ]
      },
      {
        "date": "2025-05-09",
        "close": 57.183006,
        "volume": 63289,
        "typical_volume": 169023.7,
        "trend": 57.72574,
        "fair_value": 72.799216,
        "relative_strength": 0.534503,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -15.165873,
        "energy": 22.673122,
        "activity_lines": [
          56.215246,
          57.00824,
          59.059684,
          58.283448
        ]
      },
      {
        "date": "2025-05-16",
        "close": 57.967678,
        "volume": 75001,
        "typical_volume": 163223.75,
        "trend": 57.588422,
        "fair_value": 72.600783,
        "relative_strength": -1.931464,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -2.967884,
        "energy": 8.907691,
        "activity_lines": [
          57.006456,
          56.944039,
          58.977947,
          58.299057
        ]
      },
      {
        "date": "2025-05-23",
        "close": 53.750065,
        "volume": 24099,
        "typical_volume": 153478.7,
        "trend": 57.317056,
        "fair_value": 72.410085,
        "relative_strength": -7.863445,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -23.965794,
        "energy": 16.390051,
        "activity_lines": [
          56.084466,
          56.228917,
          58.459035,
          58.051421
        ]
      },
      {
        "date": "2025-05-30",
        "close": 54.927074,
        "volume": 26100,
        "typical_volume": 147833.7,
        "trend": 57.179739,
        "fair_value": 72.198431,
        "relative_strength": -4.396894,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -16.65348,
        "energy": 14.606015,
        "activity_lines": [
          55.665974,
          55.874031,
          58.046615,
          57.897229
        ]
      },
      {
        "date": "2025-06-06",
        "close": 53.750065,
        "volume": 76194,
        "typical_volume": 142193.4,
        "trend": 57.055499,
        "fair_value": 71.981513,
        "relative_strength": -7.477624,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -28.628121,
        "energy": 21.573237,
        "activity_lines": [
          54.855145,
          55.438894,
          57.510889,
          57.67596
        ]
      },
      {
        "date": "2025-06-13",
        "close": 51.494133,
        "volume": 77410,
        "typical_volume": 136563.9,
        "trend": 56.836444,
        "fair_value": 71.741582,
        "relative_strength": -12.641158,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -37.034382,
        "energy": 40.759538,
        "activity_lines": [
          53.514664,
          54.643522,
          56.763115,
          57.317162
        ]
      },
      {
        "date": "2025-06-20",
        "close": 53.553898,
        "volume": 65000,
        "typical_volume": 134413.9,
        "trend": 56.859331,
        "fair_value": 71.372351,
        "relative_strength": -8.779381,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.297721,
        "energy": 34.019391,
        "activity_lines": [
          53.240029,
          54.383154,
          56.241868,
          57.105385
        ]
      },
      {
        "date": "2025-06-27",
        "close": 50.022873,
        "volume": 33000,
        "typical_volume": 123405.35,
        "trend": 56.80048,
        "fair_value": 71.011835,
        "relative_strength": -16.531853,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.774767,
        "energy": 57.151191,
        "activity_lines": [
          52.082637,
          53.477214,
          55.410022,
          56.664323
        ]
      },
      {
        "date": "2025-07-04",
        "close": 49.04203,
        "volume": 59000,
        "typical_volume": 113194.8,
        "trend": 56.787402,
        "fair_value": 70.682084,
        "relative_strength": -17.544289,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.681037,
        "energy": 62.453432,
        "activity_lines": [
          50.846778,
          52.491023,
          54.578175,
          56.163778
        ]
      },
      {
        "date": "2025-07-11",
        "close": 50.120953,
        "volume": 21001,
        "typical_volume": 107790.55,
        "trend": 56.780863,
        "fair_value": 70.433351,
        "relative_strength": -16.071942,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.005471,
        "energy": 65.764702,
        "activity_lines": [
          50.362896,
          51.808001,
          53.92288,
          55.733684
        ]
      },
      {
        "date": "2025-07-18",
        "close": 51.299999,
        "volume": 53346,
        "typical_volume": 105807.8,
        "trend": 56.748237,
        "fair_value": 70.195027,
        "relative_strength": -16.063813,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.194069,
        "energy": 63.627437,
        "activity_lines": [
          50.513969,
          51.465968,
          53.454139,
          55.38008
        ]
      },
      {
        "date": "2025-07-25",
        "close": 50.0,
        "volume": 31020,
        "typical_volume": 99358.8,
        "trend": 56.731127,
        "fair_value": 69.942669,
        "relative_strength": -17.680412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.104503,
        "energy": 59.813714,
        "activity_lines": [
          50.244653,
          50.994536,
          52.934441,
          54.94471
        ]
      },
      {
        "date": "2025-08-01",
        "close": 53.200001,
        "volume": 77120,
        "typical_volume": 95299.85,
        "trend": 56.752025,
        "fair_value": 69.714814,
        "relative_strength": -12.189535,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.752733,
        "energy": 31.897046,
        "activity_lines": [
          51.278929,
          51.249789,
          52.787805,
          54.716895
        ]
      },
      {
        "date": "2025-08-08",
        "close": 54.0,
        "volume": 60146,
        "typical_volume": 89857.1,
        "trend": 56.79959,
        "fair_value": 69.503487,
        "relative_strength": -12.533317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.105111,
        "energy": 22.058025,
        "activity_lines": [
          52.368064,
          51.660498,
          52.758279,
          54.539345
        ]
      },
      {
        "date": "2025-08-15",
        "close": 52.099998,
        "volume": 88001,
        "typical_volume": 79257.1,
        "trend": 56.724971,
        "fair_value": 69.282831,
        "relative_strength": -16.229226,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.728842,
        "energy": 19.440359,
        "activity_lines": [
          52.493333,
          51.742608,
          52.587245,
          54.236146
        ]
      },
      {
        "date": "2025-08-22",
        "close": 50.5,
        "volume": 51043,
        "typical_volume": 75454.0,
        "trend": 56.479318,
        "fair_value": 69.038238,
        "relative_strength": -16.374298,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.417884,
        "energy": 22.511017,
        "activity_lines": [
          51.953333,
          51.56381,
          52.284766,
          53.834535
        ]
      },
      {
        "date": "2025-08-29",
        "close": 50.299999,
        "volume": 66002,
        "typical_volume": 60053.25,
        "trend": 56.191033,
        "fair_value": 68.705151,
        "relative_strength": -17.820494,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.255612,
        "energy": 28.126198,
        "activity_lines": [
          51.399999,
          51.366723,
          52.010008,
          53.435869
        ]
      },
      {
        "date": "2025-09-05",
        "close": 48.349998,
        "volume": 31472,
        "typical_volume": 57867.3,
        "trend": 55.481377,
        "fair_value": 68.427965,
        "relative_strength": -21.309005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.730715,
        "energy": 57.342829,
        "activity_lines": [
          50.176665,
          50.874253,
          51.564097,
          52.929996
        ]
      },
      {
        "date": "2025-09-12",
        "close": 50.400002,
        "volume": 82046,
        "typical_volume": 57769.6,
        "trend": 55.010067,
        "fair_value": 68.172471,
        "relative_strength": -20.513099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.172265,
        "energy": 52.57094,
        "activity_lines": [
          49.96,
          50.784926,
          51.34708,
          52.602165
        ]
      },
      {
        "date": "2025-09-19",
        "close": 47.200001,
        "volume": 78007,
        "typical_volume": 56914.85,
        "trend": 54.392856,
        "fair_value": 67.896464,
        "relative_strength": -25.248349,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.777786,
        "energy": 68.473324,
        "activity_lines": [
          48.916667,
          50.089091,
          50.846857,
          52.09829
        ]
      },
      {
        "date": "2025-09-26",
        "close": 46.849998,
        "volume": 31181,
        "typical_volume": 55309.45,
        "trend": 53.734553,
        "fair_value": 67.621063,
        "relative_strength": -25.243209,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.50058,
        "energy": 75.545805,
        "activity_lines": [
          48.083333,
          49.382727,
          50.360372,
          51.611654
        ]
      },
      {
        "date": "2025-10-03",
        "close": 45.099998,
        "volume": 31500,
        "typical_volume": 53134.4,
        "trend": 53.093115,
        "fair_value": 67.342425,
        "relative_strength": -30.640219,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.912795,
        "energy": 81.172956,
        "activity_lines": [
          46.909999,
          48.43909,
          49.756426,
          51.054586
        ]
      },
      {
        "date": "2025-10-10",
        "close": 44.0,
        "volume": 26011,
        "typical_volume": 53230.0,
        "trend": 52.500016,
        "fair_value": 67.059796,
        "relative_strength": -33.011296,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.923983,
        "energy": 87.660569,
        "activity_lines": [
          45.716666,
          47.384545,
          49.108992,
          50.467933
        ]
      },
      {
        "date": "2025-10-17",
        "close": 45.75,
        "volume": 93006,
        "typical_volume": 56575.3,
        "trend": 51.948904,
        "fair_value": 66.793041,
        "relative_strength": -29.766857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.847637,
        "energy": 78.948683,
        "activity_lines": [
          45.396666,
          46.815454,
          48.674654,
          50.032448
        ]
      },
      {
        "date": "2025-10-24",
        "close": 45.0,
        "volume": 18005,
        "typical_volume": 53665.85,
        "trend": 51.56569,
        "fair_value": 66.555826,
        "relative_strength": -30.93803,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.16017,
        "energy": 74.342396,
        "activity_lines": [
          45.136666,
          46.26,
          48.212587,
          49.584132
        ]
      },
      {
        "date": "2025-10-31",
        "close": 46.450001,
        "volume": 41010,
        "typical_volume": 51845.85,
        "trend": 51.1033,
        "fair_value": 66.348862,
        "relative_strength": -29.9801,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.457355,
        "energy": 53.022668,
        "activity_lines": [
          45.506667,
          46.097273,
          47.930283,
          49.254088
        ]
      },
      {
        "date": "2025-11-07",
        "close": 44.799999,
        "volume": 30000,
        "typical_volume": 50095.85,
        "trend": 50.818042,
        "fair_value": 66.173818,
        "relative_strength": -30.532703,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.465893,
        "energy": 48.938222,
        "activity_lines": [
          45.353333,
          45.708182,
          47.514856,
          48.847423
        ]
      },
      {
        "date": "2025-11-14",
        "close": 43.099998,
        "volume": 18019,
        "typical_volume": 49346.8,
        "trend": 50.407459,
        "fair_value": 65.964009,
        "relative_strength": -32.049545,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.657951,
        "energy": 53.922383,
        "activity_lines": [
          44.653333,
          45.109999,
          46.979209,
          48.349485
        ]
      },
      {
        "date": "2025-11-21",
        "close": 40.5,
        "volume": 47000,
        "typical_volume": 48746.8,
        "trend": 49.926556,
        "fair_value": 65.746848,
        "relative_strength": -33.385127,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.882221,
        "energy": 62.111984,
        "activity_lines": [
          43.146666,
          44.134545,
          46.228909,
          47.710294
        ]
      },
      {
        "date": "2025-11-28",
        "close": 42.700001,
        "volume": 66032,
        "typical_volume": 50998.35,
        "trend": 49.447059,
        "fair_value": 65.540878,
        "relative_strength": -32.391275,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.674009,
        "energy": 59.861624,
        "activity_lines": [
          42.723333,
          43.739091,
          45.728809,
          47.244064
        ]
      },
      {
        "date": "2025-12-05",
        "close": 44.349998,
        "volume": 138003,
        "typical_volume": 55231.2,
        "trend": 49.019292,
        "fair_value": 65.3548,
        "relative_strength": -30.295565,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.928953,
        "energy": 49.237552,
        "activity_lines": [
          43.003333,
          43.725454,
          45.42119,
          46.915222
        ]
      },
      {
        "date": "2025-12-12",
        "close": 45.5,
        "volume": 86000,
        "typical_volume": 57980.2,
        "trend": 48.603703,
        "fair_value": 65.152225,
        "relative_strength": -28.703593,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.664641,
        "energy": 41.660379,
        "activity_lines": [
          43.806666,
          43.966363,
          45.25619,
          46.688171
        ]
      },
      {
        "date": "2025-12-19",
        "close": 45.950001,
        "volume": 22211,
        "typical_volume": 55234.75,
        "trend": 48.343701,
        "fair_value": 64.958939,
        "relative_strength": -26.311142,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.576993,
        "energy": 22.589448,
        "activity_lines": [
          44.713333,
          44.281818,
          45.155476,
          46.516964
        ]
      },
      {
        "date": "2025-12-26",
        "close": 47.5,
        "volume": 37182,
        "typical_volume": 54086.55,
        "trend": 48.096131,
        "fair_value": 64.79247,
        "relative_strength": -25.750429,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.442457,
        "energy": 18.814705,
        "activity_lines": [
          45.946667,
          44.843636,
          45.236905,
          46.462532
        ]
      },
      {
        "date": "2026-01-02",
        "close": 49.900002,
        "volume": 51491,
        "typical_volume": 52261.05,
        "trend": 47.967796,
        "fair_value": 64.644298,
        "relative_strength": -23.742864,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 9.852109,
        "energy": 22.797746,
        "activity_lines": [
          47.513334,
          45.81,
          45.577857,
          46.57891
        ]
      },
      {
        "date": "2026-01-09",
        "close": 49.0,
        "volume": 38481,
        "typical_volume": 51632.95,
        "trend": 47.884658,
        "fair_value": 64.492102,
        "relative_strength": -27.013743,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.74387,
        "energy": 30.076067,
        "activity_lines": [
          48.300001,
          46.523637,
          45.843571,
          46.645504
        ]
      },
      {
        "date": "2026-01-16",
        "close": 51.900002,
        "volume": 73000,
        "typical_volume": 51982.85,
        "trend": 47.829528,
        "fair_value": 64.34336,
        "relative_strength": -24.988773,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 37.229037,
        "energy": 46.343351,
        "activity_lines": [
          49.743334,
          47.718182,
          46.392619,
          46.904559
        ]
      },
      {
        "date": "2026-01-23",
        "close": 49.5,
        "volume": 65129,
        "typical_volume": 53665.7,
        "trend": 47.812099,
        "fair_value": 64.126841,
        "relative_strength": -29.1062,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 22.804935,
        "energy": 45.962545,
        "activity_lines": [
          49.960001,
          48.347273,
          46.705476,
          47.012331
        ]
      },
      {
        "date": "2026-01-30",
        "close": 44.950001,
        "volume": 47102,
        "typical_volume": 51918.5,
        "trend": 47.675698,
        "fair_value": 63.786265,
        "relative_strength": -35.198295,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 4.708008,
        "energy": 14.575447,
        "activity_lines": [
          48.423334,
          48.032728,
          46.579524,
          46.82768
        ]
      },
      {
        "date": "2026-02-06",
        "close": 47.099998,
        "volume": 43160,
        "typical_volume": 50176.15,
        "trend": 47.575,
        "fair_value": 63.488578,
        "relative_strength": -30.582949,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 0.857535,
        "energy": 7.361769,
        "activity_lines": [
          47.773333,
          48.028182,
          46.684286,
          46.790538
        ]
      },
      {
        "date": "2026-02-13",
        "close": 46.900002,
        "volume": 22000,
        "typical_volume": 49717.1,
        "trend": 47.428333,
        "fair_value": 63.224539,
        "relative_strength": -33.796813,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 3.140202,
        "energy": 7.90643,
        "activity_lines": [
          47.243334,
          47.907273,
          46.770476,
          46.746989
        ]
      },
      {
        "date": "2026-02-27",
        "close": 43.450001,
        "volume": 73035,
        "typical_volume": 51793.85,
        "trend": 47.21,
        "fair_value": 62.932562,
        "relative_strength": -40.968726,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -38.764399,
        "energy": 28.341083,
        "activity_lines": [
          45.703334,
          47.112728,
          46.527858,
          46.490323
        ]
      },
      {
        "date": "2026-03-06",
        "close": 42.900002,
        "volume": 55005,
        "typical_volume": 53243.55,
        "trend": 46.866667,
        "fair_value": 62.652777,
        "relative_strength": -37.637383,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -42.140467,
        "energy": 31.138835,
        "activity_lines": [
          44.543334,
          46.255455,
          46.240715,
          46.212258
        ]
      },
      {
        "date": "2026-03-13",
        "close": 43.799999,
        "volume": 74012,
        "typical_volume": 52293.85,
        "trend": 46.526667,
        "fair_value": 62.38633,
        "relative_strength": -35.010029,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -46.020829,
        "energy": 40.019091,
        "activity_lines": [
          44.123334,
          45.617273,
          46.044524,
          46.014409
        ]
      },
      {
        "date": "2026-03-20",
        "close": 43.0,
        "volume": 38042,
        "typical_volume": 53295.7,
        "trend": 46.223333,
        "fair_value": 62.126398,
        "relative_strength": -35.529436,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -58.406265,
        "energy": 51.305206,
        "activity_lines": [
          43.513334,
          44.90091,
          45.781429,
          45.786882
        ]
      },
      {
        "date": "2026-03-27",
        "close": 40.299999,
        "volume": 124036,
        "typical_volume": 57447.0,
        "trend": 45.883333,
        "fair_value": 61.870697,
        "relative_strength": -37.836231,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.088045,
        "energy": 58.620657,
        "activity_lines": [
          42.276666,
          43.819091,
          45.270715,
          45.404731
        ]
      },
      {
        "date": "2026-04-03",
        "close": 36.5,
        "volume": 50052,
        "typical_volume": 58449.6,
        "trend": 45.423333,
        "fair_value": 61.566187,
        "relative_strength": -41.911338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.991783,
        "energy": 73.523541,
        "activity_lines": [
          40.213333,
          42.204546,
          44.427381,
          44.799355
        ]
      },
      {
        "date": "2026-04-10",
        "close": 37.799999,
        "volume": 64025,
        "typical_volume": 60749.9,
        "trend": 45.071667,
        "fair_value": 61.264771,
        "relative_strength": -43.684507,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.023912,
        "energy": 73.874846,
        "activity_lines": [
          39.046666,
          41.106364,
          43.747381,
          44.307527
        ]
      },
      {
        "date": "2026-04-17",
        "close": 34.200001,
        "volume": 342018,
        "typical_volume": 75500.8,
        "trend": 44.531667,
        "fair_value": 60.934457,
        "relative_strength": -50.053557,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.658767,
        "energy": 82.914685,
        "activity_lines": [
          37.02,
          39.566364,
          42.749762,
          43.606129
        ]
      },
      {
        "date": "2026-04-24",
        "close": 32.700001,
        "volume": 116002,
        "typical_volume": 77999.3,
        "trend": 44.048333,
        "fair_value": 60.617813,
        "relative_strength": -53.893084,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.796118,
        "energy": 87.873679,
        "activity_lines": [
          35.133334,
          37.949091,
          41.639286,
          42.842796
        ]
      },
      {
        "date": "2026-05-01",
        "close": 32.5,
        "volume": 70023,
        "typical_volume": 74600.3,
        "trend": 43.57,
        "fair_value": 60.307455,
        "relative_strength": -53.215567,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.817454,
        "energy": 87.978125,
        "activity_lines": [
          33.866667,
          36.557273,
          40.557381,
          42.097742
        ]
      },
      {
        "date": "2026-05-08",
        "close": 27.5,
        "volume": 372000,
        "typical_volume": 88900.3,
        "trend": 42.983334,
        "fair_value": 59.92837,
        "relative_strength": -62.109301,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.344615,
        "energy": 94.532971,
        "activity_lines": [
          31.453334,
          34.518182,
          39.055715,
          41.060968
        ]
      },
      {
        "date": "2026-05-15",
        "close": 27.85,
        "volume": 147000,
        "typical_volume": 95139.75,
        "trend": 42.445,
        "fair_value": 59.553858,
        "relative_strength": -60.324869,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.846588,
        "energy": 91.749588,
        "activity_lines": [
          29.756667,
          32.832727,
          37.673095,
          40.084624
        ]
      },
      {
        "date": "2026-05-22",
        "close": 27.75,
        "volume": 274078,
        "typical_volume": 106984.55,
        "trend": 41.845,
        "fair_value": 59.204901,
        "relative_strength": -60.604538,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.378659,
        "energy": 89.320814,
        "activity_lines": [
          28.69,
          31.402727,
          36.367143,
          39.136559
        ]
      },
      {
        "date": "2026-05-29",
        "close": 28.6,
        "volume": 221392,
        "typical_volume": 115479.6,
        "trend": 41.298333,
        "fair_value": 58.865468,
        "relative_strength": -60.801491,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.787733,
        "energy": 84.069829,
        "activity_lines": [
          28.336667,
          30.419091,
          35.236191,
          38.282043
        ]
      },
      {
        "date": "2026-06-05",
        "close": 32.0,
        "volume": 490635,
        "typical_volume": 138087.3,
        "trend": 40.816667,
        "fair_value": 58.55598,
        "relative_strength": -55.492798,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.64224,
        "energy": 61.99186,
        "activity_lines": [
          29.39,
          30.315455,
          34.530476,
          37.682151
        ]
      },
      {
        "date": "2026-06-12",
        "close": 32.099998,
        "volume": 370190,
        "typical_volume": 152946.8,
        "trend": 40.393333,
        "fair_value": 58.26809,
        "relative_strength": -53.457542,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.275115,
        "energy": 48.569813,
        "activity_lines": [
          30.509999,
          30.380909,
          33.915238,
          37.119785
        ]
      },
      {
        "date": "2026-06-19",
        "close": 36.299999,
        "volume": 313000,
        "typical_volume": 165340.35,
        "trend": 40.166667,
        "fair_value": 57.996645,
        "relative_strength": -48.99406,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.667528,
        "energy": 28.806169,
        "activity_lines": [
          32.723332,
          31.29,
          33.794286,
          36.855699
        ]
      },
      {
        "date": "2026-06-26",
        "close": 35.549999,
        "volume": 1413310,
        "typical_volume": 233650.75,
        "trend": 40.001667,
        "fair_value": 57.723302,
        "relative_strength": -46.836797,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.539377,
        "energy": 28.159165,
        "activity_lines": [
          34.123332,
          32.089999,
          33.664762,
          36.557849
        ]
      },
      {
        "date": "2026-07-03",
        "close": 35.349998,
        "volume": 403001,
        "typical_volume": 251642.8,
        "trend": 39.756667,
        "fair_value": 57.44926,
        "relative_strength": -48.671601,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.627137,
        "energy": 26.77276,
        "activity_lines": [
          34.936665,
          32.82909,
          33.560952,
          36.257742
        ]
      },
      {
        "date": "2026-07-10",
        "close": 34.03928,
        "volume": 487276,
        "typical_volume": 274906.6,
        "trend": 39.412976,
        "fair_value": 57.173801,
        "relative_strength": -48.054152,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.819206,
        "energy": 24.182055,
        "activity_lines": [
          34.863092,
          33.281686,
          33.388264,
          35.888878
        ]
      },
      {
        "date": "2026-07-17",
        "close": 30.85,
        "volume": 440172,
        "typical_volume": 293263.45,
        "trend": 38.924643,
        "fair_value": 56.873824,
        "relative_strength": -48.955085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.34713,
        "energy": 17.783731,
        "activity_lines": [
          33.590474,
          33.126427,
          32.973077,
          35.336428
        ]
      },
      {
        "date": "2026-07-24",
        "close": 30.35,
        "volume": 304000,
        "typical_volume": 305713.2,
        "trend": 38.404643,
        "fair_value": 56.543496,
        "relative_strength": -49.894247,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -49.163652,
        "energy": 30.274058,
        "activity_lines": [
          32.234522,
          32.819349,
          32.570271,
          34.783225
        ]
      },
      {
        "date": "2026-07-31",
        "close": 30.200001,
        "volume": 176000,
        "typical_volume": 310812.6,
        "trend": 37.827976,
        "fair_value": 56.225449,
        "relative_strength": -48.495503,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.355719,
        "energy": 36.896298,
        "activity_lines": [
          31.225238,
          32.439544,
          32.212941,
          34.253894
        ]
      },
      {
        "date": "2026-08-07",
        "close": 29.950001,
        "volume": 210000,
        "typical_volume": 319410.5,
        "trend": 37.162976,
        "fair_value": 55.908809,
        "relative_strength": -49.05166,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.918407,
        "energy": 51.842473,
        "activity_lines": [
          30.489286,
          31.96974,
          31.896564,
          33.745637
        ]
      },
      {
        "date": "2026-08-14",
        "close": 29.5,
        "volume": 123772,
        "typical_volume": 319397.3,
        "trend": 36.512976,
        "fair_value": 55.601323,
        "relative_strength": -50.402503,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.263727,
        "energy": 58.041743,
        "activity_lines": [
          29.963334,
          31.393571,
          31.599472,
          33.251251
        ]
      }
    ],
    "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."
    }
  }
}