{
  "ticker": {
    "uuid": "f5552dc1-dba5-4455-94bb-03d48548db51",
    "symbol": "BIRLACABLE",
    "name": "Birla Cable Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Momentum cooling",
    "architecture_gate": "up",
    "architecture_direction": 80.963,
    "architecture_energy": 55.056,
    "architecture_maturity": 27.119,
    "architecture_confidence": 82.515,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 27.41,
        "rotation_up": 55.79,
        "upward_expansion": 76.28,
        "deceleration": 60.64,
        "rotation_down": 19.91,
        "downward_expansion": 7.61
      },
      "activity_lines": [
        215.033127,
        207.627769,
        195.479409,
        181.415559
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 254.210007,
    "trend_reference": 164.656296,
    "distance_from_trend": 0.543883,
    "trend_direction": "Improving",
    "fair_value": 210.871845,
    "distance_from_fair_value": 0.205519,
    "fair_value_direction": "Improving",
    "relative_strength": 60.44117,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.896665,
    "excess_performance": 0.940374,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.543883,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.149925,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.205519,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.379637,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.604412,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.443915,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.896665,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.332083,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 771191,
      "relative_activity": 1.900215,
      "balance": 1.332083,
      "dry_up": 0.83072,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.110844,
      "annualized_volatility": 0.739128,
      "from_high_reference": -0.01469,
      "from_low_reference": 1.444327
    },
    "levels": {
      "trend_reference": 164.656296,
      "fair_value_reference": 210.871845,
      "structural_low": 104.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": -0.014004,
        "positive_rate": 0.454545,
        "directional_follow_through": 0.454545,
        "median_excess_return": -0.036314,
        "regime_survival": 0.545455,
        "best_return": 0.27916,
        "worst_return": -0.129289,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.039803,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.030192,
        "regime_survival": 0.5,
        "best_return": 0.785742,
        "worst_return": -0.114161,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.397557,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.298042,
        "regime_survival": 0.25,
        "best_return": 0.587452,
        "worst_return": -0.047148,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.513726,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.352779,
        "regime_survival": 0.0,
        "best_return": 0.520155,
        "worst_return": 0.507297,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-02",
        "end": "2024-08-30",
        "tenure": "Developing",
        "return": -0.084191,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-09-06",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": -0.188887,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-01",
        "end": "2025-06-06",
        "tenure": "Extended",
        "return": -0.205839,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-13",
        "end": "2025-08-01",
        "tenure": "Developing",
        "return": -0.076431,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-08",
        "end": "2025-08-22",
        "tenure": "New",
        "return": -0.037649,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-08-29",
        "end": "2025-09-26",
        "tenure": "Developing",
        "return": -0.005151,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-03",
        "end": "2025-10-24",
        "tenure": "New",
        "return": -0.038849,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-31",
        "end": "2026-02-27",
        "tenure": "Established",
        "return": -0.074366,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-06",
        "end": "2026-03-27",
        "tenure": "New",
        "return": -0.195629,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.405083,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-05-01",
        "tenure": "New",
        "return": -0.003329,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-08",
        "end": "2026-05-22",
        "tenure": "New",
        "return": -0.076358,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-29",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": -0.064445,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.296593,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 228.279907,
        "volume": 1743820,
        "typical_volume": 2310548.8,
        "trend": 155.874536,
        "fair_value": 108.289129,
        "relative_strength": 44.383432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.611344,
        "energy": 92.326847,
        "activity_lines": [
          210.469999,
          194.376927,
          181.21462,
          169.359526
        ]
      },
      {
        "date": "2023-08-25",
        "close": 303.403137,
        "volume": 10307709,
        "typical_volume": 2815134.3,
        "trend": 161.497679,
        "fair_value": 109.857614,
        "relative_strength": 88.355681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 98.22918,
        "energy": 98.473766,
        "activity_lines": [
          244.649507,
          215.933208,
          194.089364,
          178.8775
        ]
      },
      {
        "date": "2023-09-01",
        "close": 326.438293,
        "volume": 1893320,
        "typical_volume": 2900089.8,
        "trend": 167.762059,
        "fair_value": 111.599431,
        "relative_strength": 96.318816,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.028066,
        "energy": 98.733316,
        "activity_lines": [
          278.177911,
          239.380013,
          208.336305,
          189.51883
        ]
      },
      {
        "date": "2023-09-08",
        "close": 400.095673,
        "volume": 4770155,
        "typical_volume": 3130596.9,
        "trend": 176.432358,
        "fair_value": 113.827947,
        "relative_strength": 129.618654,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 98.395689,
        "energy": 99.282026,
        "activity_lines": [
          326.758622,
          273.309742,
          228.66128,
          204.508096
        ]
      },
      {
        "date": "2023-09-15",
        "close": 345.970917,
        "volume": 3340370,
        "typical_volume": 3263905.35,
        "trend": 183.342893,
        "fair_value": 115.708891,
        "relative_strength": 91.034561,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.876276,
        "energy": 89.843184,
        "activity_lines": [
          342.975889,
          293.156332,
          242.531596,
          215.446067
        ]
      },
      {
        "date": "2023-09-22",
        "close": 321.567566,
        "volume": 1012322,
        "typical_volume": 3196894.65,
        "trend": 189.740869,
        "fair_value": 117.458766,
        "relative_strength": 78.869035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.384981,
        "energy": 83.313844,
        "activity_lines": [
          343.219216,
          305.322112,
          253.054157,
          224.363788
        ]
      },
      {
        "date": "2023-09-29",
        "close": 334.738403,
        "volume": 1400412,
        "typical_volume": 3222159.8,
        "trend": 196.515394,
        "fair_value": 119.284408,
        "relative_strength": 82.819985,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.531778,
        "energy": 66.95903,
        "activity_lines": [
          341.633645,
          317.060028,
          264.038523,
          233.718468
        ]
      },
      {
        "date": "2023-10-06",
        "close": 322.462189,
        "volume": 417155,
        "typical_volume": 3080740.0,
        "trend": 202.949768,
        "fair_value": 121.026409,
        "relative_strength": 73.08913,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.866827,
        "energy": 60.623555,
        "activity_lines": [
          333.866984,
          323.724494,
          272.964388,
          241.844067
        ]
      },
      {
        "date": "2023-10-13",
        "close": 327.134125,
        "volume": 871578,
        "typical_volume": 2909968.45,
        "trend": 209.720735,
        "fair_value": 122.809492,
        "relative_strength": 71.602388,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.886785,
        "energy": 47.757071,
        "activity_lines": [
          327.922709,
          328.719745,
          281.586529,
          249.855961
        ]
      },
      {
        "date": "2023-10-20",
        "close": 318.684906,
        "volume": 567114,
        "typical_volume": 2832824.8,
        "trend": 216.259387,
        "fair_value": 124.538413,
        "relative_strength": 65.986892,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.876161,
        "energy": 42.852105,
        "activity_lines": [
          324.026131,
          329.599386,
          288.670646,
          256.885908
        ]
      },
      {
        "date": "2023-10-27",
        "close": 309.191925,
        "volume": 517052,
        "typical_volume": 2749179.35,
        "trend": 222.468453,
        "fair_value": 126.222565,
        "relative_strength": 62.608929,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.385931,
        "energy": 34.457797,
        "activity_lines": [
          318.784294,
          327.111098,
          294.184346,
          262.881555
        ]
      },
      {
        "date": "2023-11-03",
        "close": 275.892029,
        "volume": 1104167,
        "typical_volume": 2736018.4,
        "trend": 227.302807,
        "fair_value": 127.679648,
        "relative_strength": 42.017752,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.891153,
        "energy": 23.777098,
        "activity_lines": [
          303.267533,
          317.097155,
          295.897287,
          266.328238
        ]
      },
      {
        "date": "2023-11-10",
        "close": 276.23996,
        "volume": 389500,
        "typical_volume": 2708273.35,
        "trend": 232.188219,
        "fair_value": 129.144837,
        "relative_strength": 39.215924,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.440457,
        "energy": 22.340936,
        "activity_lines": [
          291.789842,
          307.646675,
          297.172594,
          269.485473
        ]
      },
      {
        "date": "2023-11-17",
        "close": 277.482483,
        "volume": 324082,
        "typical_volume": 2706099.25,
        "trend": 237.200547,
        "fair_value": 130.612115,
        "relative_strength": 36.165619,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.911042,
        "energy": 22.361514,
        "activity_lines": [
          283.807807,
          299.334805,
          298.04331,
          272.407684
        ]
      },
      {
        "date": "2023-11-24",
        "close": 269.281769,
        "volume": 255634,
        "typical_volume": 2674570.7,
        "trend": 241.809626,
        "fair_value": 132.007957,
        "relative_strength": 30.487764,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.772477,
        "energy": 19.485631,
        "activity_lines": [
          276.402309,
          291.761226,
          297.605806,
          274.47744
        ]
      },
      {
        "date": "2023-12-01",
        "close": 262.920013,
        "volume": 311473,
        "typical_volume": 2667049.5,
        "trend": 245.402636,
        "fair_value": 133.341678,
        "relative_strength": 23.376736,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.92958,
        "energy": 17.745209,
        "activity_lines": [
          270.169769,
          284.425313,
          296.07803,
          275.839401
        ]
      },
      {
        "date": "2023-12-08",
        "close": 265.653564,
        "volume": 358488,
        "typical_volume": 2541196.15,
        "trend": 249.325172,
        "fair_value": 134.687354,
        "relative_strength": 19.478912,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -0.35194,
        "energy": 21.031844,
        "activity_lines": [
          267.933207,
          278.652728,
          294.350625,
          277.145912
        ]
      },
      {
        "date": "2023-12-15",
        "close": 280.365143,
        "volume": 1161025,
        "typical_volume": 2457344.4,
        "trend": 253.162627,
        "fair_value": 136.134139,
        "relative_strength": 22.093989,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 2.436643,
        "energy": 24.696717,
        "activity_lines": [
          271.283069,
          276.811064,
          293.609118,
          279.148491
        ]
      },
      {
        "date": "2023-12-22",
        "close": 296.965424,
        "volume": 1315856,
        "typical_volume": 2395979.3,
        "trend": 257.290353,
        "fair_value": 137.70806,
        "relative_strength": 28.319465,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.806635,
        "energy": 13.705489,
        "activity_lines": [
          279.891345,
          278.753033,
          293.989405,
          281.974478
        ]
      },
      {
        "date": "2023-12-29",
        "close": 283.893982,
        "volume": 440682,
        "typical_volume": 1625095.7,
        "trend": 260.794926,
        "fair_value": 139.174064,
        "relative_strength": 19.33534,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.028155,
        "energy": 15.448575,
        "activity_lines": [
          282.843612,
          278.866899,
          292.592898,
          283.690841
        ]
      },
      {
        "date": "2024-01-05",
        "close": 275.643524,
        "volume": 419006,
        "typical_volume": 1558855.0,
        "trend": 264.082031,
        "fair_value": 140.522538,
        "relative_strength": 15.084959,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.290622,
        "energy": 16.095842,
        "activity_lines": [
          282.071578,
          278.113244,
          290.146275,
          284.648815
        ]
      },
      {
        "date": "2024-01-12",
        "close": 276.438782,
        "volume": 451873,
        "typical_volume": 1066063.2,
        "trend": 267.395645,
        "fair_value": 141.88508,
        "relative_strength": 13.57475,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.091404,
        "energy": 13.746911,
        "activity_lines": [
          280.716396,
          278.114151,
          287.549849,
          285.446025
        ]
      },
      {
        "date": "2024-01-19",
        "close": 282.303528,
        "volume": 586554,
        "typical_volume": 1000724.9,
        "trend": 271.258252,
        "fair_value": 143.300991,
        "relative_strength": 16.445563,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.705628,
        "energy": 7.689392,
        "activity_lines": [
          280.597115,
          279.171436,
          285.640372,
          286.407824
        ]
      },
      {
        "date": "2024-01-26",
        "close": 273.257874,
        "volume": 216542,
        "typical_volume": 773044.25,
        "trend": 274.807827,
        "fair_value": 144.679329,
        "relative_strength": 13.140097,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.879358,
        "energy": 10.24898,
        "activity_lines": [
          277.333391,
          278.473809,
          283.07957,
          286.536831
        ]
      },
      {
        "date": "2024-02-02",
        "close": 291.597687,
        "volume": 898274,
        "typical_volume": 650939.45,
        "trend": 278.942422,
        "fair_value": 146.161313,
        "relative_strength": 16.85494,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.491195,
        "energy": 9.198323,
        "activity_lines": [
          281.76344,
          281.187505,
          282.869407,
          287.620048
        ]
      },
      {
        "date": "2024-02-09",
        "close": 301.786438,
        "volume": 5208559,
        "typical_volume": 860751.3,
        "trend": 283.457747,
        "fair_value": 147.707062,
        "relative_strength": 20.117029,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 40.696434,
        "energy": 21.041788,
        "activity_lines": [
          289.07616,
          285.347957,
          283.88852,
          289.093856
        ]
      },
      {
        "date": "2024-02-16",
        "close": 308.048798,
        "volume": 1181901,
        "typical_volume": 849825.75,
        "trend": 287.777346,
        "fair_value": 149.294502,
        "relative_strength": 19.923706,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 28.392889,
        "energy": 27.922641,
        "activity_lines": [
          296.733472,
          289.940357,
          285.598245,
          290.680375
        ]
      },
      {
        "date": "2024-02-23",
        "close": 316.54776,
        "volume": 1913486,
        "typical_volume": 924642.3,
        "trend": 292.197739,
        "fair_value": 150.950649,
        "relative_strength": 20.915615,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 35.578234,
        "energy": 39.577873,
        "activity_lines": [
          305.116437,
          295.307201,
          288.244488,
          292.536531
        ]
      },
      {
        "date": "2024-03-01",
        "close": 291.697083,
        "volume": 940558,
        "typical_volume": 928091.3,
        "trend": 295.745382,
        "fair_value": 152.445022,
        "relative_strength": 9.794035,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 14.552034,
        "energy": 27.859706,
        "activity_lines": [
          302.932894,
          295.497875,
          288.552164,
          292.504231
        ]
      },
      {
        "date": "2024-03-08",
        "close": 267.343445,
        "volume": 585733,
        "typical_volume": 929022.25,
        "trend": 297.044211,
        "fair_value": 153.744931,
        "relative_strength": -0.779441,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -25.054136,
        "energy": 13.262629,
        "activity_lines": [
          291.402191,
          291.356402,
          286.709194,
          290.671848
        ]
      },
      {
        "date": "2024-03-15",
        "close": 232.005768,
        "volume": 841858,
        "typical_volume": 945262.55,
        "trend": 297.168406,
        "fair_value": 154.834399,
        "relative_strength": -12.517189,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -66.271777,
        "energy": 41.374005,
        "activity_lines": [
          269.709212,
          281.090816,
          281.745214,
          286.475819
        ]
      },
      {
        "date": "2024-03-22",
        "close": 236.628006,
        "volume": 900404,
        "typical_volume": 935074.4,
        "trend": 294.942569,
        "fair_value": 155.98257,
        "relative_strength": -11.561875,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -67.411837,
        "energy": 61.11893,
        "activity_lines": [
          254.209024,
          272.45905,
          277.589,
          282.569987
        ]
      },
      {
        "date": "2024-03-29",
        "close": 224.003876,
        "volume": 508223,
        "typical_volume": 941010.55,
        "trend": 291.528088,
        "fair_value": 157.029095,
        "relative_strength": -17.529729,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.693329,
        "energy": 76.688743,
        "activity_lines": [
          239.262179,
          262.25582,
          272.417459,
          277.993297
        ]
      },
      {
        "date": "2024-04-05",
        "close": 253.327652,
        "volume": 1097969,
        "typical_volume": 979704.9,
        "trend": 286.635821,
        "fair_value": 158.271634,
        "relative_strength": -8.062255,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.277288,
        "energy": 70.452798,
        "activity_lines": [
          240.259518,
          258.44418,
          270.287403,
          275.528753
        ]
      },
      {
        "date": "2024-04-12",
        "close": 260.633759,
        "volume": 763539,
        "typical_volume": 1005100.15,
        "trend": 283.791249,
        "fair_value": 159.585132,
        "relative_strength": -6.069301,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.545737,
        "energy": 53.81181,
        "activity_lines": [
          246.250187,
          256.323291,
          268.968189,
          273.8512
        ]
      },
      {
        "date": "2024-04-19",
        "close": 257.651672,
        "volume": 508592,
        "typical_volume": 1014956.1,
        "trend": 281.660719,
        "fair_value": 160.87704,
        "relative_strength": -6.229713,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.312948,
        "energy": 32.666892,
        "activity_lines": [
          251.694141,
          254.223184,
          267.406147,
          272.164776
        ]
      },
      {
        "date": "2024-04-26",
        "close": 272.760864,
        "volume": 1536046,
        "typical_volume": 1073834.0,
        "trend": 279.594801,
        "fair_value": 162.263636,
        "relative_strength": -2.680638,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.853572,
        "energy": 16.293042,
        "activity_lines": [
          260.464764,
          255.672654,
          267.308164,
          271.590592
        ]
      },
      {
        "date": "2024-05-03",
        "close": 267.293701,
        "volume": 317193,
        "typical_volume": 1031642.4,
        "trend": 277.755851,
        "fair_value": 163.59199,
        "relative_strength": -5.350001,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.520869,
        "energy": 17.319972,
        "activity_lines": [
          265.004143,
          256.769692,
          266.655654,
          270.796972
        ]
      },
      {
        "date": "2024-05-10",
        "close": 252.383316,
        "volume": 393998,
        "typical_volume": 985549.5,
        "trend": 275.264158,
        "fair_value": 164.81332,
        "relative_strength": -9.391779,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.730346,
        "energy": 17.0915,
        "activity_lines": [
          261.687405,
          256.05128,
          264.645353,
          269.160035
        ]
      },
      {
        "date": "2024-05-17",
        "close": 237.671738,
        "volume": 572334,
        "typical_volume": 992132.1,
        "trend": 272.563719,
        "fair_value": 165.862714,
        "relative_strength": -16.42509,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.046553,
        "energy": 23.540318,
        "activity_lines": [
          253.529764,
          253.372831,
          261.446244,
          266.734717
        ]
      },
      {
        "date": "2024-05-24",
        "close": 240.5047,
        "volume": 286395,
        "typical_volume": 985501.55,
        "trend": 270.274145,
        "fair_value": 166.9247,
        "relative_strength": -17.377943,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.364632,
        "energy": 40.029109,
        "activity_lines": [
          247.847244,
          251.748952,
          258.737048,
          264.666393
        ]
      },
      {
        "date": "2024-05-31",
        "close": 230.51474,
        "volume": 301465,
        "typical_volume": 977981.15,
        "trend": 268.761568,
        "fair_value": 167.93904,
        "relative_strength": -19.382854,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.184305,
        "energy": 58.937184,
        "activity_lines": [
          239.97787,
          248.154191,
          255.243754,
          262.101271
        ]
      },
      {
        "date": "2024-06-07",
        "close": 238.665771,
        "volume": 668258,
        "typical_volume": 982066.35,
        "trend": 267.509095,
        "fair_value": 168.933257,
        "relative_strength": -19.340857,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.03926,
        "energy": 57.269914,
        "activity_lines": [
          237.641914,
          246.152585,
          252.745435,
          260.159606
        ]
      },
      {
        "date": "2024-06-14",
        "close": 251.379364,
        "volume": 806185,
        "typical_volume": 1011548.5,
        "trend": 266.638991,
        "fair_value": 169.991032,
        "relative_strength": -15.846157,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.632344,
        "energy": 48.472503,
        "activity_lines": [
          241.452351,
          246.195962,
          251.665734,
          259.118978
        ]
      },
      {
        "date": "2024-06-21",
        "close": 247.602051,
        "volume": 435049,
        "typical_volume": 988387.25,
        "trend": 265.916334,
        "fair_value": 170.86902,
        "relative_strength": -17.437892,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.490419,
        "energy": 30.885696,
        "activity_lines": [
          244.070614,
          245.587978,
          250.330471,
          257.890789
        ]
      },
      {
        "date": "2024-06-28",
        "close": 239.600143,
        "volume": 368684,
        "typical_volume": 746393.5,
        "trend": 265.139005,
        "fair_value": 171.724787,
        "relative_strength": -21.952925,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.377881,
        "energy": 27.647122,
        "activity_lines": [
          243.359553,
          243.762042,
          248.442625,
          256.19297
        ]
      },
      {
        "date": "2024-07-05",
        "close": 248.963882,
        "volume": 603556,
        "typical_volume": 717476.25,
        "trend": 264.582682,
        "fair_value": 172.646455,
        "relative_strength": -20.135515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.457542,
        "energy": 18.262391,
        "activity_lines": [
          245.830042,
          243.966813,
          247.742689,
          255.149414
        ]
      },
      {
        "date": "2024-07-12",
        "close": 244.928116,
        "volume": 350201,
        "typical_volume": 639312.0,
        "trend": 263.401448,
        "fair_value": 173.531117,
        "relative_strength": -22.176437,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.381197,
        "energy": 19.129597,
        "activity_lines": [
          245.725334,
          243.870482,
          246.939751,
          253.881377
        ]
      },
      {
        "date": "2024-07-19",
        "close": 268.9935,
        "volume": 10423207,
        "typical_volume": 1113444.45,
        "trend": 262.469051,
        "fair_value": 174.586129,
        "relative_strength": -14.875679,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -12.743653,
        "energy": 8.687727,
        "activity_lines": [
          253.22493,
          248.556321,
          248.769801,
          254.242155
        ]
      },
      {
        "date": "2024-07-26",
        "close": 293.0,
        "volume": 2558006,
        "typical_volume": 1212058.1,
        "trend": 262.772585,
        "fair_value": 175.805853,
        "relative_strength": -8.745286,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 32.243912,
        "energy": 28.726706,
        "activity_lines": [
          267.552417,
          257.304976,
          252.994296,
          256.211893
        ]
      },
      {
        "date": "2024-08-02",
        "close": 296.350006,
        "volume": 2308435,
        "typical_volume": 1285386.95,
        "trend": 263.462801,
        "fair_value": 177.096538,
        "relative_strength": -7.607607,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.103737,
        "energy": 48.093009,
        "activity_lines": [
          279.970043,
          265.656754,
          257.415665,
          258.378178
        ]
      },
      {
        "date": "2024-08-09",
        "close": 272.75,
        "volume": 1017519,
        "typical_volume": 1291242.7,
        "trend": 263.339841,
        "fair_value": 178.26687,
        "relative_strength": -13.671379,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.423056,
        "energy": 47.983231,
        "activity_lines": [
          280.737676,
          268.702252,
          259.283013,
          258.977353
        ]
      },
      {
        "date": "2024-08-16",
        "close": 259.75,
        "volume": 631756,
        "typical_volume": 1297419.35,
        "trend": 262.588057,
        "fair_value": 179.434285,
        "relative_strength": -18.217664,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 27.685984,
        "energy": 43.58924,
        "activity_lines": [
          275.586235,
          268.616201,
          259.740256,
          258.74575
        ]
      },
      {
        "date": "2024-08-23",
        "close": 278.700012,
        "volume": 909592,
        "typical_volume": 1288000.5,
        "trend": 262.769462,
        "fair_value": 180.671523,
        "relative_strength": -12.661399,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 28.638491,
        "energy": 24.050363,
        "activity_lines": [
          275.763338,
          271.592257,
          261.832043,
          259.785231
        ]
      },
      {
        "date": "2024-08-30",
        "close": 271.399994,
        "volume": 779821,
        "typical_volume": 1288814.6,
        "trend": 262.096205,
        "fair_value": 181.878357,
        "relative_strength": -15.57711,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 20.536421,
        "energy": 13.145419,
        "activity_lines": [
          272.860002,
          272.744297,
          263.10777,
          260.342039
        ]
      },
      {
        "date": "2024-09-06",
        "close": 263.649994,
        "volume": 447635,
        "typical_volume": 1285766.75,
        "trend": 260.82499,
        "fair_value": 183.038915,
        "relative_strength": -15.499716,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 7.583709,
        "energy": 7.166522,
        "activity_lines": [
          268.813332,
          272.054557,
          263.594133,
          260.442284
        ]
      },
      {
        "date": "2024-09-13",
        "close": 270.200012,
        "volume": 495680,
        "typical_volume": 1233748.45,
        "trend": 259.563364,
        "fair_value": 184.242947,
        "relative_strength": -14.272302,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.69615,
        "energy": 16.430806,
        "activity_lines": [
          269.130003,
          272.118459,
          264.675744,
          261.047124
        ]
      },
      {
        "date": "2024-09-20",
        "close": 256.850006,
        "volume": 274940,
        "typical_volume": 1231635.8,
        "trend": 257.573439,
        "fair_value": 185.346692,
        "relative_strength": -19.081237,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.274536,
        "energy": 13.978337,
        "activity_lines": [
          265.166671,
          269.368976,
          264.498121,
          260.872069
        ]
      },
      {
        "date": "2024-09-27",
        "close": 254.949997,
        "volume": 224134,
        "typical_volume": 1223142.6,
        "trend": 256.348536,
        "fair_value": 186.436692,
        "relative_strength": -19.95642,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.009942,
        "energy": 13.091617,
        "activity_lines": [
          260.763335,
          266.057275,
          264.189276,
          260.702814
        ]
      },
      {
        "date": "2024-10-04",
        "close": 247.800003,
        "volume": 110672,
        "typical_volume": 1200059.5,
        "trend": 255.697088,
        "fair_value": 187.455819,
        "relative_strength": -17.7346,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.220473,
        "energy": 14.942621,
        "activity_lines": [
          255.560003,
          261.700911,
          263.187257,
          260.151296
        ]
      },
      {
        "date": "2024-10-11",
        "close": 244.800003,
        "volume": 157151,
        "typical_volume": 1193597.3,
        "trend": 256.123563,
        "fair_value": 188.420347,
        "relative_strength": -17.67833,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.727925,
        "energy": 20.908961,
        "activity_lines": [
          250.930003,
          257.620911,
          261.851294,
          259.448258
        ]
      },
      {
        "date": "2024-10-18",
        "close": 236.300003,
        "volume": 211126,
        "typical_volume": 1189080.35,
        "trend": 256.112629,
        "fair_value": 189.375459,
        "relative_strength": -19.29849,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -29.042769,
        "energy": 42.132957,
        "activity_lines": [
          244.723336,
          252.93273,
          259.685354,
          258.169319
        ]
      },
      {
        "date": "2024-10-25",
        "close": 213.850006,
        "volume": 227551,
        "typical_volume": 1167045.0,
        "trend": 255.774167,
        "fair_value": 190.22109,
        "relative_strength": -24.015709,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -81.818736,
        "energy": 74.425628,
        "activity_lines": [
          233.293337,
          244.825458,
          255.353769,
          255.442698
        ]
      },
      {
        "date": "2024-11-01",
        "close": 228.479996,
        "volume": 149250,
        "typical_volume": 1134198.25,
        "trend": 254.945912,
        "fair_value": 191.142976,
        "relative_strength": -18.564662,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.198822,
        "energy": 69.854764,
        "activity_lines": [
          229.606668,
          240.212729,
          252.533687,
          253.681784
        ]
      },
      {
        "date": "2024-11-08",
        "close": 220.75,
        "volume": 188299,
        "typical_volume": 1121860.75,
        "trend": 253.616453,
        "fair_value": 191.983072,
        "relative_strength": -20.135276,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.509499,
        "energy": 74.749017,
        "activity_lines": [
          225.108001,
          235.107638,
          249.08646,
          251.475596
        ]
      },
      {
        "date": "2024-11-15",
        "close": 205.169998,
        "volume": 150990,
        "typical_volume": 1110976.05,
        "trend": 251.867064,
        "fair_value": 192.773375,
        "relative_strength": -23.140387,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.82383,
        "energy": 80.935062,
        "activity_lines": [
          217.219333,
          228.090728,
          244.28329,
          248.350018
        ]
      },
      {
        "date": "2024-11-22",
        "close": 205.580002,
        "volume": 119197,
        "typical_volume": 1086758.1,
        "trend": 249.627702,
        "fair_value": 193.583834,
        "relative_strength": -23.544658,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.866447,
        "energy": 79.889883,
        "activity_lines": [
          212.109333,
          222.211637,
          239.683121,
          245.363756
        ]
      },
      {
        "date": "2024-11-29",
        "close": 218.339996,
        "volume": 141727,
        "typical_volume": 1076334.4,
        "trend": 247.995912,
        "fair_value": 194.472957,
        "relative_strength": -19.009037,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.801154,
        "energy": 71.282174,
        "activity_lines": [
          213.300665,
          219.827454,
          236.50478,
          243.345195
        ]
      },
      {
        "date": "2024-12-06",
        "close": 229.529999,
        "volume": 269861,
        "typical_volume": 568667.1,
        "trend": 247.234134,
        "fair_value": 195.399383,
        "relative_strength": -16.258981,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.135112,
        "energy": 48.702636,
        "activity_lines": [
          217.922665,
          220.178,
          234.518763,
          242.153845
        ]
      },
      {
        "date": "2024-12-13",
        "close": 227.539993,
        "volume": 359627,
        "typical_volume": 458748.15,
        "trend": 246.89641,
        "fair_value": 196.329953,
        "relative_strength": -16.72895,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.738448,
        "energy": 35.561564,
        "activity_lines": [
          221.81133,
          220.628907,
          232.531143,
          240.883256
        ]
      },
      {
        "date": "2024-12-20",
        "close": 214.699997,
        "volume": 260539,
        "typical_volume": 356353.35,
        "trend": 246.036253,
        "fair_value": 197.14629,
        "relative_strength": -16.797304,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.876818,
        "energy": 31.691459,
        "activity_lines": [
          220.96733,
          219.113634,
          229.632381,
          238.806068
        ]
      },
      {
        "date": "2024-12-27",
        "close": 210.619995,
        "volume": 83539,
        "typical_volume": 309654.35,
        "trend": 245.373095,
        "fair_value": 197.84195,
        "relative_strength": -18.548611,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.370228,
        "energy": 33.953322,
        "activity_lines": [
          218.127996,
          217.403815,
          226.733856,
          236.521148
        ]
      },
      {
        "date": "2025-01-03",
        "close": 215.440002,
        "volume": 102567,
        "typical_volume": 283194.9,
        "trend": 244.598902,
        "fair_value": 198.558179,
        "relative_strength": -16.80043,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.98015,
        "energy": 37.380411,
        "activity_lines": [
          216.559331,
          217.03727,
          224.590237,
          234.589981
        ]
      },
      {
        "date": "2025-01-10",
        "close": 198.520004,
        "volume": 116983,
        "typical_volume": 243564.45,
        "trend": 242.836924,
        "fair_value": 199.16845,
        "relative_strength": -20.873145,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.841168,
        "energy": 53.30905,
        "activity_lines": [
          209.544,
          213.565453,
          221.04619,
          231.617148
        ]
      },
      {
        "date": "2025-01-17",
        "close": 197.210007,
        "volume": 120018,
        "typical_volume": 210574.3,
        "trend": 241.157189,
        "fair_value": 199.809447,
        "relative_strength": -19.966873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.18157,
        "energy": 60.040481,
        "activity_lines": [
          204.159336,
          210.400182,
          217.759191,
          228.673476
        ]
      },
      {
        "date": "2025-01-24",
        "close": 191.880005,
        "volume": 85265,
        "typical_volume": 192455.8,
        "trend": 239.566518,
        "fair_value": 200.425981,
        "relative_strength": -21.114494,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.976933,
        "energy": 71.7339,
        "activity_lines": [
          199.020004,
          206.69382,
          214.317858,
          225.494303
        ]
      },
      {
        "date": "2025-01-31",
        "close": 182.0,
        "volume": 201245,
        "typical_volume": 177734.05,
        "trend": 237.334388,
        "fair_value": 200.951951,
        "relative_strength": -25.741683,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.564059,
        "energy": 81.702508,
        "activity_lines": [
          192.10867,
          201.432729,
          210.277334,
          221.780334
        ]
      },
      {
        "date": "2025-02-07",
        "close": 186.0,
        "volume": 98863,
        "typical_volume": 168930.2,
        "trend": 235.370118,
        "fair_value": 201.316079,
        "relative_strength": -23.433974,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.711238,
        "energy": 75.972721,
        "activity_lines": [
          188.438669,
          197.327638,
          207.037762,
          218.468438
        ]
      },
      {
        "date": "2025-02-14",
        "close": 154.630005,
        "volume": 173066,
        "typical_volume": 166376.8,
        "trend": 231.558001,
        "fair_value": 201.517303,
        "relative_strength": -33.702126,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.046396,
        "energy": 89.662055,
        "activity_lines": [
          176.274669,
          188.106911,
          201.147953,
          213.259399
        ]
      },
      {
        "date": "2025-02-21",
        "close": 158.580002,
        "volume": 178058,
        "typical_volume": 169746.1,
        "trend": 227.077335,
        "fair_value": 201.681561,
        "relative_strength": -30.654535,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.889404,
        "energy": 86.320768,
        "activity_lines": [
          168.353336,
          180.966184,
          196.112049,
          208.551141
        ]
      },
      {
        "date": "2025-02-28",
        "close": 139.449997,
        "volume": 158739,
        "typical_volume": 169825.5,
        "trend": 221.847334,
        "fair_value": 201.676555,
        "relative_strength": -36.345651,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -86.895445,
        "energy": 91.098014,
        "activity_lines": [
          156.630667,
          171.601093,
          189.679096,
          202.897764
        ]
      },
      {
        "date": "2025-03-07",
        "close": 148.009995,
        "volume": 232105,
        "typical_volume": 170874.45,
        "trend": 217.689334,
        "fair_value": 201.609362,
        "relative_strength": -33.027585,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.776302,
        "energy": 86.304013,
        "activity_lines": [
          151.256665,
          165.160546,
          184.563048,
          198.134065
        ]
      },
      {
        "date": "2025-03-14",
        "close": 130.539993,
        "volume": 202501,
        "typical_volume": 169621.95,
        "trend": 213.382334,
        "fair_value": 201.465862,
        "relative_strength": -39.968522,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.057138,
        "energy": 87.134046,
        "activity_lines": [
          142.32533,
          156.681999,
          178.203619,
          192.511527
        ]
      },
      {
        "date": "2025-03-21",
        "close": 146.240005,
        "volume": 812288,
        "typical_volume": 202773.85,
        "trend": 208.967,
        "fair_value": 201.411423,
        "relative_strength": -34.920771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.928901,
        "energy": 69.727967,
        "activity_lines": [
          142.324665,
          152.601636,
          173.736143,
          188.179764
        ]
      },
      {
        "date": "2025-03-28",
        "close": 133.880005,
        "volume": 588759,
        "typical_volume": 222796.85,
        "trend": 204.383001,
        "fair_value": 201.28464,
        "relative_strength": -40.331597,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.404062,
        "energy": 63.70011,
        "activity_lines": [
          138.763334,
          147.224546,
          168.483143,
          183.335441
        ]
      },
      {
        "date": "2025-04-04",
        "close": 148.970001,
        "volume": 2855049,
        "typical_volume": 357999.8,
        "trend": 200.560334,
        "fair_value": 201.222348,
        "relative_strength": -31.16492,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.68927,
        "energy": 54.007255,
        "activity_lines": [
          141.878668,
          145.742546,
          165.080953,
          179.760409
        ]
      },
      {
        "date": "2025-04-11",
        "close": 147.880005,
        "volume": 282132,
        "typical_volume": 366146.55,
        "trend": 196.483001,
        "fair_value": 201.177483,
        "relative_strength": -30.722878,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.649716,
        "energy": 46.113599,
        "activity_lines": [
          143.996003,
          144.842547,
          161.842573,
          176.361678
        ]
      },
      {
        "date": "2025-04-18",
        "close": 155.100006,
        "volume": 283113,
        "typical_volume": 373215.85,
        "trend": 193.091334,
        "fair_value": 201.263408,
        "relative_strength": -29.715529,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.786588,
        "energy": 36.985363,
        "activity_lines": [
          148.528671,
          145.875639,
          159.566573,
          173.691808
        ]
      },
      {
        "date": "2025-04-25",
        "close": 151.419998,
        "volume": 439609,
        "typical_volume": 381703.25,
        "trend": 189.640334,
        "fair_value": 201.358607,
        "relative_strength": -31.078392,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.639241,
        "energy": 28.376502,
        "activity_lines": [
          150.197336,
          146.801456,
          157.241239,
          171.003334
        ]
      },
      {
        "date": "2025-05-02",
        "close": 146.529999,
        "volume": 130316,
        "typical_volume": 370237.7,
        "trend": 186.264667,
        "fair_value": 201.517611,
        "relative_strength": -33.32197,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.675713,
        "energy": 28.139185,
        "activity_lines": [
          149.890668,
          146.896547,
          154.822144,
          168.222022
        ]
      },
      {
        "date": "2025-05-09",
        "close": 142.330002,
        "volume": 329827,
        "typical_volume": 373702.1,
        "trend": 182.849001,
        "fair_value": 201.682868,
        "relative_strength": -33.538554,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.690826,
        "energy": 29.316516,
        "activity_lines": [
          147.340668,
          146.447093,
          152.388811,
          165.387528
        ]
      },
      {
        "date": "2025-05-16",
        "close": 168.139999,
        "volume": 740126,
        "typical_volume": 406531.45,
        "trend": 180.577,
        "fair_value": 201.964747,
        "relative_strength": -24.029563,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.367497,
        "energy": 18.704491,
        "activity_lines": [
          153.836667,
          150.638001,
          152.758192,
          164.43856
        ]
      },
      {
        "date": "2025-05-23",
        "close": 191.559998,
        "volume": 2595170,
        "typical_volume": 531161.6,
        "trend": 179.834,
        "fair_value": 202.421168,
        "relative_strength": -12.33976,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 9.217644,
        "energy": 14.906843,
        "activity_lines": [
          166.788666,
          158.721092,
          155.560334,
          165.14714
        ]
      },
      {
        "date": "2025-05-30",
        "close": 181.970001,
        "volume": 489170,
        "typical_volume": 549770.95,
        "trend": 178.283667,
        "fair_value": 202.828321,
        "relative_strength": -15.853719,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 4.778766,
        "energy": 22.051638,
        "activity_lines": [
          174.113333,
          163.951091,
          157.562858,
          165.284947
        ]
      },
      {
        "date": "2025-06-06",
        "close": 181.449997,
        "volume": 415767,
        "typical_volume": 564558.4,
        "trend": 176.973667,
        "fair_value": 203.268762,
        "relative_strength": -16.390724,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 22.687157,
        "energy": 37.976104,
        "activity_lines": [
          179.227999,
          168.436909,
          159.594667,
          165.489226
        ]
      },
      {
        "date": "2025-06-13",
        "close": 179.639999,
        "volume": 455427,
        "typical_volume": 583066.5,
        "trend": 176.122667,
        "fair_value": 203.771465,
        "relative_strength": -15.628167,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 22.195921,
        "energy": 46.734612,
        "activity_lines": [
          181.411332,
          171.728727,
          161.529143,
          165.661248
        ]
      },
      {
        "date": "2025-06-20",
        "close": 183.350006,
        "volume": 5981784,
        "typical_volume": 872093.45,
        "trend": 175.381667,
        "fair_value": 204.275729,
        "relative_strength": -14.6195,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.073085,
        "energy": 43.203231,
        "activity_lines": [
          182.344001,
          175.137455,
          163.875239,
          166.127528
        ]
      },
      {
        "date": "2025-06-27",
        "close": 181.960007,
        "volume": 143251,
        "typical_volume": 874312.85,
        "trend": 174.169001,
        "fair_value": 204.769517,
        "relative_strength": -16.461881,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 22.123833,
        "energy": 26.17571,
        "activity_lines": [
          181.799337,
          177.648547,
          166.082525,
          166.551937
        ]
      },
      {
        "date": "2025-07-04",
        "close": 181.899994,
        "volume": 85665,
        "typical_volume": 869942.8,
        "trend": 172.581334,
        "fair_value": 205.204704,
        "relative_strength": -15.317023,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 30.434738,
        "energy": 27.260362,
        "activity_lines": [
          181.874667,
          179.660364,
          168.303334,
          167.05071
        ]
      },
      {
        "date": "2025-07-11",
        "close": 176.830002,
        "volume": 53233,
        "typical_volume": 863701.55,
        "trend": 170.891001,
        "fair_value": 205.59268,
        "relative_strength": -16.091726,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.443816,
        "energy": 23.246451,
        "activity_lines": [
          180.264668,
          180.196183,
          169.911429,
          167.324818
        ]
      },
      {
        "date": "2025-07-18",
        "close": 178.050003,
        "volume": 79899,
        "typical_volume": 859759.55,
        "trend": 169.669334,
        "fair_value": 205.924001,
        "relative_strength": -14.143289,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 15.408207,
        "energy": 16.833085,
        "activity_lines": [
          179.369335,
          180.40291,
          171.548811,
          167.786689
        ]
      },
      {
        "date": "2025-07-25",
        "close": 171.220001,
        "volume": 69546,
        "typical_volume": 851631.6,
        "trend": 168.356001,
        "fair_value": 206.209348,
        "relative_strength": -16.046663,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 11.786591,
        "energy": 11.128125,
        "activity_lines": [
          176.303335,
          178.718365,
          172.351906,
          167.886732
        ]
      },
      {
        "date": "2025-08-01",
        "close": 165.910004,
        "volume": 36231,
        "typical_volume": 843318.1,
        "trend": 166.705001,
        "fair_value": 206.473176,
        "relative_strength": -16.72968,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 28.11856,
        "energy": 17.829442,
        "activity_lines": [
          172.276002,
          176.012365,
          172.538763,
          167.728926
        ]
      },
      {
        "date": "2025-08-08",
        "close": 167.600006,
        "volume": 32686,
        "typical_volume": 804338.0,
        "trend": 165.674335,
        "fair_value": 206.805116,
        "relative_strength": -14.307342,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.386468,
        "energy": 18.098718,
        "activity_lines": [
          169.882004,
          174.080003,
          172.718145,
          167.786668
        ]
      },
      {
        "date": "2025-08-15",
        "close": 152.770004,
        "volume": 46463,
        "typical_volume": 777223.2,
        "trend": 164.193001,
        "fair_value": 207.027907,
        "relative_strength": -21.920067,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.376255,
        "energy": 26.935729,
        "activity_lines": [
          163.498004,
          169.712549,
          171.383431,
          166.954131
        ]
      },
      {
        "date": "2025-08-22",
        "close": 161.289993,
        "volume": 57399,
        "typical_volume": 637340.7,
        "trend": 163.173334,
        "fair_value": 207.302809,
        "relative_strength": -17.408887,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -18.108785,
        "energy": 28.762041,
        "activity_lines": [
          161.558001,
          167.415638,
          170.770192,
          166.76684
        ]
      },
      {
        "date": "2025-08-29",
        "close": 157.25,
        "volume": 28202,
        "typical_volume": 624644.2,
        "trend": 162.348334,
        "fair_value": 207.560264,
        "relative_strength": -17.140442,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.115016,
        "energy": 41.986515,
        "activity_lines": [
          159.388667,
          164.717819,
          169.713525,
          166.384689
        ]
      },
      {
        "date": "2025-09-05",
        "close": 158.089996,
        "volume": 31760,
        "typical_volume": 612076.55,
        "trend": 161.418001,
        "fair_value": 207.667547,
        "relative_strength": -16.887628,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.61534,
        "energy": 46.007933,
        "activity_lines": [
          158.430665,
          162.647273,
          168.692239,
          166.109958
        ]
      },
      {
        "date": "2025-09-12",
        "close": 164.669998,
        "volume": 46428,
        "typical_volume": 592417.5,
        "trend": 161.752667,
        "fair_value": 207.835575,
        "relative_strength": -13.83059,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.192566,
        "energy": 28.944796,
        "activity_lines": [
          160.187331,
          162.20709,
          168.283381,
          166.319764
        ]
      },
      {
        "date": "2025-09-19",
        "close": 172.520004,
        "volume": 91618,
        "typical_volume": 590482.6,
        "trend": 162.217334,
        "fair_value": 208.101037,
        "relative_strength": -9.764483,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 25.223318,
        "energy": 15.491732,
        "activity_lines": [
          164.756,
          163.507455,
          168.559048,
          167.014431
        ]
      },
      {
        "date": "2025-09-26",
        "close": 156.440002,
        "volume": 201887,
        "typical_volume": 584085.6,
        "trend": 162.783667,
        "fair_value": 208.294408,
        "relative_strength": -15.210594,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -14.623515,
        "energy": 10.707437,
        "activity_lines": [
          162.648001,
          161.962546,
          167.179525,
          166.6417
        ]
      },
      {
        "date": "2025-10-03",
        "close": 161.910004,
        "volume": 68163,
        "typical_volume": 550487.45,
        "trend": 163.247001,
        "fair_value": 208.409646,
        "relative_strength": -12.323767,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -8.752979,
        "energy": 8.089598,
        "activity_lines": [
          162.686669,
          161.805092,
          166.253763,
          166.585334
        ]
      },
      {
        "date": "2025-10-10",
        "close": 157.669998,
        "volume": 126749,
        "typical_volume": 427066.4,
        "trend": 164.151335,
        "fair_value": 208.585291,
        "relative_strength": -15.155076,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -27.012571,
        "energy": 16.247559,
        "activity_lines": [
          161.001335,
          161.046,
          164.953858,
          166.225528
        ]
      },
      {
        "date": "2025-10-17",
        "close": 154.589996,
        "volume": 72602,
        "typical_volume": 406238.0,
        "trend": 164.429668,
        "fair_value": 208.749412,
        "relative_strength": -17.430977,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -32.431147,
        "energy": 33.141866,
        "activity_lines": [
          158.317333,
          159.876727,
          163.522,
          165.608667
        ]
      },
      {
        "date": "2025-10-24",
        "close": 155.619995,
        "volume": 55087,
        "typical_volume": 388204.0,
        "trend": 165.154334,
        "fair_value": 208.835397,
        "relative_strength": -16.536157,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.669853,
        "energy": 47.76406,
        "activity_lines": [
          156.648664,
          159.131271,
          162.318619,
          165.040301
        ]
      },
      {
        "date": "2025-10-31",
        "close": 158.809998,
        "volume": 505881,
        "typical_volume": 390726.7,
        "trend": 165.482334,
        "fair_value": 208.906733,
        "relative_strength": -13.843731,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.898173,
        "energy": 41.093324,
        "activity_lines": [
          157.169997,
          158.913999,
          161.542047,
          164.630989
        ]
      },
      {
        "date": "2025-11-07",
        "close": 155.690002,
        "volume": 101170,
        "typical_volume": 96696.0,
        "trend": 165.742667,
        "fair_value": 208.92234,
        "relative_strength": -14.075349,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.237567,
        "energy": 40.4907,
        "activity_lines": [
          156.493332,
          158.174545,
          160.567524,
          163.999226
        ]
      },
      {
        "date": "2025-11-14",
        "close": 154.800003,
        "volume": 143299,
        "typical_volume": 96698.4,
        "trend": 165.732667,
        "fair_value": 208.953111,
        "relative_strength": -15.315276,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.985267,
        "energy": 33.78967,
        "activity_lines": [
          155.934667,
          157.301636,
          159.639952,
          163.293248
        ]
      },
      {
        "date": "2025-11-21",
        "close": 148.520004,
        "volume": 123496,
        "typical_volume": 98589.95,
        "trend": 165.636,
        "fair_value": 208.89335,
        "relative_strength": -18.599733,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.246166,
        "energy": 40.734444,
        "activity_lines": [
          153.474002,
          155.346728,
          158.243619,
          162.182753
        ]
      },
      {
        "date": "2025-11-28",
        "close": 147.710007,
        "volume": 98571,
        "typical_volume": 100856.85,
        "trend": 165.675334,
        "fair_value": 208.840413,
        "relative_strength": -18.698208,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.522144,
        "energy": 54.282131,
        "activity_lines": [
          151.148004,
          153.538184,
          156.929096,
          161.026237
        ]
      },
      {
        "date": "2025-12-05",
        "close": 138.380005,
        "volume": 97519,
        "typical_volume": 101737.85,
        "trend": 165.543668,
        "fair_value": 208.773515,
        "relative_strength": -22.926961,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.38213,
        "energy": 69.026214,
        "activity_lines": [
          146.239338,
          150.484366,
          154.864668,
          159.265248
        ]
      },
      {
        "date": "2025-12-12",
        "close": 133.679993,
        "volume": 159134,
        "typical_volume": 106217.25,
        "trend": 164.395001,
        "fair_value": 208.702101,
        "relative_strength": -24.284918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.717257,
        "energy": 78.240798,
        "activity_lines": [
          141.126001,
          146.904365,
          152.541524,
          157.209528
        ]
      },
      {
        "date": "2025-12-19",
        "close": 136.5,
        "volume": 143433,
        "typical_volume": 111577.35,
        "trend": 162.559667,
        "fair_value": 208.807808,
        "relative_strength": -21.592449,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.291169,
        "energy": 77.049764,
        "activity_lines": [
          138.42,
          144.350365,
          150.665715,
          155.40985
        ]
      },
      {
        "date": "2025-12-26",
        "close": 138.210007,
        "volume": 109827,
        "typical_volume": 115434.4,
        "trend": 161.101001,
        "fair_value": 208.824244,
        "relative_strength": -20.030146,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.581248,
        "energy": 77.629301,
        "activity_lines": [
          137.504002,
          142.492184,
          149.092811,
          153.838904
        ]
      },
      {
        "date": "2026-01-02",
        "close": 136.539993,
        "volume": 95723,
        "typical_volume": 117897.4,
        "trend": 159.604001,
        "fair_value": 208.751243,
        "relative_strength": -20.987883,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.525977,
        "energy": 73.597659,
        "activity_lines": [
          136.718666,
          140.628182,
          147.50081,
          152.254323
        ]
      },
      {
        "date": "2026-01-09",
        "close": 132.570007,
        "volume": 115220,
        "typical_volume": 120788.45,
        "trend": 158.035001,
        "fair_value": 208.655639,
        "relative_strength": -20.587583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.404059,
        "energy": 66.647408,
        "activity_lines": [
          135.354668,
          138.389274,
          145.608001,
          150.510194
        ]
      },
      {
        "date": "2026-01-16",
        "close": 133.309998,
        "volume": 126201,
        "typical_volume": 125688.4,
        "trend": 156.367001,
        "fair_value": 208.574264,
        "relative_strength": -19.388993,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.81692,
        "energy": 53.77153,
        "activity_lines": [
          134.624667,
          136.762001,
          143.922429,
          148.915033
        ]
      },
      {
        "date": "2026-01-23",
        "close": 127.010002,
        "volume": 84069,
        "typical_volume": 128303.85,
        "trend": 154.535334,
        "fair_value": 208.524912,
        "relative_strength": -20.44893,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.588675,
        "energy": 58.348577,
        "activity_lines": [
          131.819334,
          134.396183,
          141.750858,
          147.021033
        ]
      },
      {
        "date": "2026-01-30",
        "close": 135.5,
        "volume": 246405,
        "typical_volume": 138302.7,
        "trend": 152.988667,
        "fair_value": 208.505638,
        "relative_strength": -15.433067,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.839201,
        "energy": 51.449973,
        "activity_lines": [
          132.476667,
          134.079273,
          140.535858,
          145.792947
        ]
      },
      {
        "date": "2026-02-06",
        "close": 134.029999,
        "volume": 141016,
        "typical_volume": 140772.6,
        "trend": 151.562001,
        "fair_value": 208.467454,
        "relative_strength": -16.888546,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.976866,
        "energy": 46.624815,
        "activity_lines": [
          132.824667,
          133.731819,
          139.319763,
          144.569807
        ]
      },
      {
        "date": "2026-02-13",
        "close": 142.960007,
        "volume": 380696,
        "typical_volume": 149713.05,
        "trend": 150.392334,
        "fair_value": 208.49505,
        "relative_strength": -10.265353,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.754386,
        "energy": 28.959395,
        "activity_lines": [
          136.316669,
          135.256729,
          139.13743,
          144.01484
        ]
      },
      {
        "date": "2026-02-20",
        "close": 139.240005,
        "volume": 310651,
        "typical_volume": 161837.45,
        "trend": 149.326334,
        "fair_value": 208.556664,
        "relative_strength": -12.536242,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.375156,
        "energy": 18.580717,
        "activity_lines": [
          137.876003,
          136.022002,
          138.665002,
          143.295335
        ]
      },
      {
        "date": "2026-02-27",
        "close": 147.0,
        "volume": 241323,
        "typical_volume": 167566.15,
        "trend": 148.696001,
        "fair_value": 208.656006,
        "relative_strength": -6.087218,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.670185,
        "energy": 15.696269,
        "activity_lines": [
          141.626669,
          138.097093,
          139.039573,
          143.145249
        ]
      },
      {
        "date": "2026-03-06",
        "close": 139.089996,
        "volume": 196952,
        "typical_volume": 173783.65,
        "trend": 147.745667,
        "fair_value": 208.717923,
        "relative_strength": -8.246004,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -23.528031,
        "energy": 17.46483,
        "activity_lines": [
          141.408001,
          138.543092,
          138.71162,
          142.525506
        ]
      },
      {
        "date": "2026-03-13",
        "close": 129.839996,
        "volume": 199210,
        "typical_volume": 180989.8,
        "trend": 146.981334,
        "fair_value": 208.755326,
        "relative_strength": -9.479007,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.340465,
        "energy": 18.427323,
        "activity_lines": [
          137.866665,
          137.291273,
          137.576524,
          141.370302
        ]
      },
      {
        "date": "2026-03-20",
        "close": 128.520004,
        "volume": 162953,
        "typical_volume": 163843.4,
        "trend": 145.889001,
        "fair_value": 208.793753,
        "relative_strength": -10.061228,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -54.543873,
        "energy": 28.528152,
        "activity_lines": [
          134.164666,
          135.921273,
          136.438477,
          140.179248
        ]
      },
      {
        "date": "2026-03-27",
        "close": 111.879997,
        "volume": 400406,
        "typical_volume": 178805.2,
        "trend": 144.376667,
        "fair_value": 208.722984,
        "relative_strength": -20.498909,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -74.802857,
        "energy": 64.907114,
        "activity_lines": [
          125.878665,
          131.599455,
          133.859905,
          137.985119
        ]
      },
      {
        "date": "2026-04-03",
        "close": 114.099998,
        "volume": 169117,
        "typical_volume": 180096.1,
        "trend": 142.910334,
        "fair_value": 208.615539,
        "relative_strength": -18.163419,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.036356,
        "energy": 71.669867,
        "activity_lines": [
          120.156665,
          128.070909,
          131.701381,
          136.031785
        ]
      },
      {
        "date": "2026-04-10",
        "close": 130.660004,
        "volume": 288309,
        "typical_volume": 188336.75,
        "trend": 141.776667,
        "fair_value": 208.621837,
        "relative_strength": -11.20688,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.906884,
        "energy": 61.24603,
        "activity_lines": [
          122.148,
          127.788,
          131.31381,
          135.241442
        ]
      },
      {
        "date": "2026-04-17",
        "close": 160.320007,
        "volume": 1686306,
        "typical_volume": 267723.5,
        "trend": 141.370001,
        "fair_value": 208.834705,
        "relative_strength": 7.566826,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -9.813981,
        "energy": 9.217415,
        "activity_lines": [
          134.588003,
          132.98582,
          133.836049,
          136.437786
        ]
      },
      {
        "date": "2026-04-24",
        "close": 156.190002,
        "volume": 1493086,
        "typical_volume": 337501.85,
        "trend": 141.361668,
        "fair_value": 208.996119,
        "relative_strength": 6.714242,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.114154,
        "energy": 22.174878,
        "activity_lines": [
          143.619336,
          136.954729,
          135.904906,
          137.393915
        ]
      },
      {
        "date": "2026-05-01",
        "close": 155.669998,
        "volume": 292460,
        "typical_volume": 344168.15,
        "trend": 141.153667,
        "fair_value": 208.999582,
        "relative_strength": 5.761953,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 24.46609,
        "energy": 33.448336,
        "activity_lines": [
          150.632668,
          140.588546,
          137.83943,
          138.317033
        ]
      },
      {
        "date": "2026-05-08",
        "close": 172.740005,
        "volume": 332593,
        "typical_volume": 353626.15,
        "trend": 141.656001,
        "fair_value": 209.158316,
        "relative_strength": 16.04963,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 48.599961,
        "energy": 57.252857,
        "activity_lines": [
          160.416669,
          147.027275,
          141.294954,
          140.354861
        ]
      },
      {
        "date": "2026-05-15",
        "close": 161.539993,
        "volume": 675986,
        "typical_volume": 381934.1,
        "trend": 141.887668,
        "fair_value": 209.134589,
        "relative_strength": 10.931354,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 34.398759,
        "energy": 61.012417,
        "activity_lines": [
          162.557999,
          150.961637,
          143.511239,
          141.6377
        ]
      },
      {
        "date": "2026-05-22",
        "close": 159.550003,
        "volume": 319312,
        "typical_volume": 393113.55,
        "trend": 142.018668,
        "fair_value": 209.047514,
        "relative_strength": 9.550249,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 60.726664,
        "energy": 66.546977,
        "activity_lines": [
          161.977333,
          154.126001,
          145.426906,
          142.777205
        ]
      },
      {
        "date": "2026-05-29",
        "close": 193.910004,
        "volume": 270074,
        "typical_volume": 400856.25,
        "trend": 143.188668,
        "fair_value": 209.14465,
        "relative_strength": 33.742775,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.858618,
        "energy": 80.232024,
        "activity_lines": [
          172.901335,
          162.997456,
          150.505382,
          146.125033
        ]
      },
      {
        "date": "2026-06-05",
        "close": 223.899994,
        "volume": 318293,
        "typical_volume": 410460.85,
        "trend": 145.462334,
        "fair_value": 209.445096,
        "relative_strength": 54.501982,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.377826,
        "energy": 88.580603,
        "activity_lines": [
          191.307332,
          176.132727,
          158.147953,
          151.332216
        ]
      },
      {
        "date": "2026-06-12",
        "close": 194.130005,
        "volume": 46619,
        "typical_volume": 408588.35,
        "trend": 146.773334,
        "fair_value": 209.554709,
        "relative_strength": 32.117001,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.363308,
        "energy": 76.849763,
        "activity_lines": [
          195.241334,
          181.818546,
          162.523906,
          154.472065
        ]
      },
      {
        "date": "2026-06-19",
        "close": 227.350006,
        "volume": 165630,
        "typical_volume": 404549.6,
        "trend": 149.401001,
        "fair_value": 209.945252,
        "relative_strength": 51.198207,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.832862,
        "energy": 88.261733,
        "activity_lines": [
          208.82267,
          192.089274,
          169.744049,
          159.67056
        ]
      },
      {
        "date": "2026-06-26",
        "close": 206.423935,
        "volume": 0,
        "typical_volume": 397498.8,
        "trend": 151.358132,
        "fair_value": 210.19944,
        "relative_strength": 36.415019,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.924295,
        "energy": 77.312247,
        "activity_lines": [
          211.041314,
          196.797262,
          174.533852,
          163.349459
        ]
      },
      {
        "date": "2026-07-03",
        "close": 191.131424,
        "volume": 68604,
        "typical_volume": 381894.2,
        "trend": 153.116513,
        "fair_value": 210.35054,
        "relative_strength": 24.911842,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.876957,
        "energy": 51.914461,
        "activity_lines": [
          205.037525,
          197.88654,
          177.522493,
          165.915478
        ]
      },
      {
        "date": "2026-07-10",
        "close": 188.200104,
        "volume": 241516,
        "typical_volume": 378437.45,
        "trend": 154.93385,
        "fair_value": 210.490754,
        "relative_strength": 23.041951,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.807461,
        "energy": 43.634871,
        "activity_lines": [
          198.241869,
          197.807553,
          180.002572,
          168.178936
        ]
      },
      {
        "date": "2026-07-17",
        "close": 181.413391,
        "volume": 129302,
        "typical_volume": 372836.4,
        "trend": 156.430963,
        "fair_value": 210.509681,
        "relative_strength": 17.867729,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.15707,
        "energy": 26.400781,
        "activity_lines": [
          191.563968,
          195.903161,
          181.603155,
          169.887293
        ]
      },
      {
        "date": "2026-07-24",
        "close": 196.059998,
        "volume": 273810,
        "typical_volume": 376679.3,
        "trend": 158.359296,
        "fair_value": 210.587399,
        "relative_strength": 29.886752,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.351284,
        "energy": 22.252275,
        "activity_lines": [
          190.616043,
          196.50409,
          184.434779,
          172.444005
        ]
      },
      {
        "date": "2026-07-31",
        "close": 203.809998,
        "volume": 174269,
        "typical_volume": 375432.25,
        "trend": 160.601629,
        "fair_value": 210.706259,
        "relative_strength": 30.97277,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.274732,
        "energy": 26.182854,
        "activity_lines": [
          194.337452,
          197.886474,
          187.733213,
          175.376308
        ]
      },
      {
        "date": "2026-08-07",
        "close": 254.210007,
        "volume": 771191,
        "typical_volume": 405844.15,
        "trend": 164.656296,
        "fair_value": 210.871845,
        "relative_strength": 60.44117,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 80.963377,
        "energy": 55.055801,
        "activity_lines": [
          215.033127,
          207.627769,
          195.479409,
          181.415559
        ]
      }
    ],
    "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."
    }
  }
}