{
  "ticker": {
    "uuid": "f5883984-881e-4db2-80e4-303d43e95f53",
    "symbol": "MEDPLUS",
    "name": "MedPlus Health Services 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": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -79.721,
    "architecture_energy": 87.025,
    "architecture_maturity": 15.105,
    "architecture_confidence": 80.542,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 11.82,
        "rotation_up": 8.23,
        "upward_expansion": 19.91,
        "deceleration": 37.02,
        "rotation_down": 85.0,
        "downward_expansion": 97.91
      },
      "activity_lines": [
        727.413326,
        768.766358,
        816.035951,
        828.820216
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -1.0
    },
    "latest_close": 700.25,
    "trend_reference": 837.431671,
    "distance_from_trend": -0.163812,
    "trend_direction": "Weakening",
    "fair_value": 776.922756,
    "distance_from_fair_value": -0.098688,
    "fair_value_direction": "Weakening",
    "relative_strength": -14.361384,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.194096,
    "excess_performance": -0.150387,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.163812,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.001032,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.098688,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.223645,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.143614,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.219104,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.194096,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.205289,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 952516,
      "relative_activity": 1.165858,
      "balance": 0.205289,
      "dry_up": 1.986927,
      "accumulation_observations": 2,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.079093,
      "annualized_volatility": 0.256102,
      "from_high_reference": -0.314958,
      "from_low_reference": 0.072358
    },
    "levels": {
      "trend_reference": 837.431671,
      "fair_value_reference": 776.922756,
      "structural_low": 653.0,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": 0.012781,
        "positive_rate": 0.7,
        "directional_follow_through": 0.3,
        "median_excess_return": 0.013311,
        "regime_survival": 0.6,
        "best_return": 0.109916,
        "worst_return": -0.153327,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.034619,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.016345,
        "regime_survival": 0.25,
        "best_return": 0.096621,
        "worst_return": -0.115489,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.128465,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.194146,
        "regime_survival": 0.0,
        "best_return": 0.19058,
        "worst_return": -0.07336,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.136288,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.018053,
        "regime_survival": 0.0,
        "best_return": 0.136288,
        "worst_return": 0.136288,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-09-27",
        "end": "2024-11-29",
        "tenure": "Developing",
        "return": 0.16978,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-06",
        "end": "2025-01-17",
        "tenure": "Developing",
        "return": -0.077339,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-24",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.013707,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-14",
        "end": "2025-03-28",
        "tenure": "New",
        "return": 0.071781,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-04",
        "end": "2025-05-02",
        "tenure": "Developing",
        "return": 0.094707,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-09",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.093115,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-11",
        "end": "2025-10-03",
        "tenure": "Established",
        "return": -0.146051,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-10-10",
        "end": "2025-10-17",
        "tenure": "New",
        "return": -0.026396,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-24",
        "end": "2025-12-19",
        "tenure": "Developing",
        "return": 0.081094,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-26",
        "end": "2026-02-13",
        "tenure": "Developing",
        "return": 0.053875,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-02-20",
        "end": "2026-06-05",
        "tenure": "Established",
        "return": 0.035639,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-06-12",
        "end": "2026-07-10",
        "tenure": "Developing",
        "return": -0.063326,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-07-17",
        "end": "2026-07-31",
        "tenure": "New",
        "return": -0.11996,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 883.5,
        "volume": 353226,
        "typical_volume": 994228.0,
        "trend": 757.388336,
        "fair_value": 797.789084,
        "relative_strength": 17.202465,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.996745,
        "energy": 49.215948,
        "activity_lines": [
          903.196667,
          886.998182,
          841.376192,
          804.912476
        ]
      },
      {
        "date": "2023-08-25",
        "close": 895.650024,
        "volume": 371557,
        "typical_volume": 1002027.75,
        "trend": 766.168337,
        "fair_value": 798.90114,
        "relative_strength": 18.856349,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.293064,
        "energy": 42.564783,
        "activity_lines": [
          896.230009,
          892.928186,
          850.410004,
          813.832585
        ]
      },
      {
        "date": "2023-09-01",
        "close": 833.099976,
        "volume": 19917034,
        "typical_volume": 1952067.5,
        "trend": 772.57667,
        "fair_value": 799.285396,
        "relative_strength": 9.547968,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.791436,
        "energy": 24.036486,
        "activity_lines": [
          871.453333,
          885.726363,
          852.34143,
          818.150755
        ]
      },
      {
        "date": "2023-09-08",
        "close": 809.349976,
        "volume": 1270413,
        "typical_volume": 2002874.5,
        "trend": 777.391669,
        "fair_value": 799.397225,
        "relative_strength": 4.381645,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.344972,
        "energy": 20.250008,
        "activity_lines": [
          846.703325,
          873.29454,
          851.452856,
          820.523227
        ]
      },
      {
        "date": "2023-09-15",
        "close": 808.25,
        "volume": 1723848,
        "typical_volume": 2082984.5,
        "trend": 783.046669,
        "fair_value": 799.494508,
        "relative_strength": 2.24245,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.583088,
        "energy": 19.385016,
        "activity_lines": [
          830.183325,
          860.036359,
          850.150951,
          822.514087
        ]
      },
      {
        "date": "2023-09-22",
        "close": 783.549988,
        "volume": 377374,
        "typical_volume": 2093318.9,
        "trend": 787.621669,
        "fair_value": 799.321198,
        "relative_strength": 1.584301,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.422731,
        "energy": 20.476744,
        "activity_lines": [
          809.376656,
          842.510903,
          846.169521,
          822.546559
        ]
      },
      {
        "date": "2023-09-29",
        "close": 768.849976,
        "volume": 764475,
        "typical_volume": 2108991.2,
        "trend": 789.958335,
        "fair_value": 798.993551,
        "relative_strength": -0.285824,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -8.883227,
        "energy": 25.370807,
        "activity_lines": [
          790.333317,
          823.88999,
          840.481424,
          821.335482
        ]
      },
      {
        "date": "2023-10-06",
        "close": 760.75,
        "volume": 416528,
        "typical_volume": 2119478.4,
        "trend": 792.235002,
        "fair_value": 798.586704,
        "relative_strength": -1.560408,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -29.588363,
        "energy": 40.121664,
        "activity_lines": [
          777.043323,
          806.930901,
          833.797138,
          819.451073
        ]
      },
      {
        "date": "2023-10-13",
        "close": 761.25,
        "volume": 560549,
        "typical_volume": 1934757.55,
        "trend": 791.861668,
        "fair_value": 798.193686,
        "relative_strength": -2.174104,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.507911,
        "energy": 51.060918,
        "activity_lines": [
          768.743327,
          793.544538,
          826.809281,
          817.452041
        ]
      },
      {
        "date": "2023-10-20",
        "close": 784.900024,
        "volume": 402234,
        "typical_volume": 1783325.3,
        "trend": 795.708335,
        "fair_value": 798.055211,
        "relative_strength": 1.629048,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.752347,
        "energy": 46.99796,
        "activity_lines": [
          771.533337,
          787.677271,
          822.320712,
          817.002903
        ]
      },
      {
        "date": "2023-10-27",
        "close": 814.25,
        "volume": 1218152,
        "typical_volume": 1795680.0,
        "trend": 801.193335,
        "fair_value": 798.222167,
        "relative_strength": 7.715176,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.018068,
        "energy": 21.579867,
        "activity_lines": [
          785.663338,
          788.647271,
          820.759522,
          818.199139
        ]
      },
      {
        "date": "2023-11-03",
        "close": 790.0,
        "volume": 316251,
        "typical_volume": 1787996.75,
        "trend": 805.688334,
        "fair_value": 798.138268,
        "relative_strength": 3.085766,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.741482,
        "energy": 14.557664,
        "activity_lines": [
          789.663338,
          786.467272,
          816.710712,
          817.476988
        ]
      },
      {
        "date": "2023-11-10",
        "close": 806.599976,
        "volume": 890355,
        "typical_volume": 1796996.6,
        "trend": 808.711666,
        "fair_value": 798.223739,
        "relative_strength": 3.706461,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -9.539508,
        "energy": 10.829393,
        "activity_lines": [
          797.786662,
          789.226359,
          814.285234,
          817.535804
        ]
      },
      {
        "date": "2023-11-17",
        "close": 818.450012,
        "volume": 338567,
        "typical_volume": 1763722.15,
        "trend": 811.175,
        "fair_value": 798.426002,
        "relative_strength": 3.205229,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -2.83072,
        "energy": 11.483391,
        "activity_lines": [
          806.803333,
          794.621817,
          812.875712,
          818.164084
        ]
      },
      {
        "date": "2023-11-24",
        "close": 807.25,
        "volume": 541776,
        "typical_volume": 1735674.7,
        "trend": 813.431667,
        "fair_value": 798.513368,
        "relative_strength": 1.262524,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -1.322874,
        "energy": 8.056853,
        "activity_lines": [
          808.273332,
          797.815454,
          810.19214,
          817.910859
        ]
      },
      {
        "date": "2023-12-01",
        "close": 792.799988,
        "volume": 234740,
        "typical_volume": 1694282.35,
        "trend": 815.886666,
        "fair_value": 798.457355,
        "relative_strength": -3.013728,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -6.992887,
        "energy": 9.51597,
        "activity_lines": [
          803.436662,
          798.399998,
          806.195711,
          816.579782
        ]
      },
      {
        "date": "2023-12-08",
        "close": 727.150024,
        "volume": 900696,
        "typical_volume": 1650707.7,
        "trend": 816.069999,
        "fair_value": 797.765051,
        "relative_strength": -13.856362,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -72.106837,
        "energy": 47.385748,
        "activity_lines": [
          778.146671,
          786.880003,
          796.315952,
          810.854838
        ]
      },
      {
        "date": "2023-12-15",
        "close": 752.450012,
        "volume": 624060,
        "typical_volume": 1638490.8,
        "trend": 818.251666,
        "fair_value": 797.329329,
        "relative_strength": -12.863037,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.639239,
        "energy": 61.060471,
        "activity_lines": [
          765.480009,
          780.718186,
          789.865239,
          806.750323
        ]
      },
      {
        "date": "2023-12-22",
        "close": 726.549988,
        "volume": 671396,
        "typical_volume": 1649103.7,
        "trend": 815.366667,
        "fair_value": 796.65524,
        "relative_strength": -15.374391,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.469141,
        "energy": 73.911302,
        "activity_lines": [
          747.790002,
          769.998183,
          781.899285,
          800.834085
        ]
      },
      {
        "date": "2023-12-29",
        "close": 750.75,
        "volume": 806400,
        "typical_volume": 1634981.55,
        "trend": 813.303333,
        "fair_value": 796.222172,
        "relative_strength": -14.119737,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.442954,
        "energy": 70.788879,
        "activity_lines": [
          744.293335,
          764.309092,
          777.246428,
          796.665268
        ]
      },
      {
        "date": "2024-01-05",
        "close": 750.5,
        "volume": 367916,
        "typical_volume": 1635716.05,
        "trend": 812.425,
        "fair_value": 795.794862,
        "relative_strength": -14.097727,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.665786,
        "energy": 61.328282,
        "activity_lines": [
          744.480001,
          759.195456,
          773.125476,
          792.61344
        ]
      },
      {
        "date": "2024-01-12",
        "close": 740.900024,
        "volume": 348116,
        "typical_volume": 1634544.0,
        "trend": 810.491667,
        "fair_value": 795.286576,
        "relative_strength": -15.864236,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.946987,
        "energy": 49.657043,
        "activity_lines": [
          744.286674,
          753.49546,
          768.723574,
          787.998926
        ]
      },
      {
        "date": "2024-01-19",
        "close": 737.099976,
        "volume": 827285,
        "typical_volume": 680056.55,
        "trend": 808.963332,
        "fair_value": 794.752754,
        "relative_strength": -15.218176,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.219795,
        "energy": 41.789477,
        "activity_lines": [
          741.909998,
          747.997273,
          764.696667,
          783.263978
        ]
      },
      {
        "date": "2024-01-26",
        "close": 723.0,
        "volume": 199711,
        "typical_volume": 626521.45,
        "trend": 807.233331,
        "fair_value": 794.100457,
        "relative_strength": -15.706374,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.82156,
        "energy": 46.257075,
        "activity_lines": [
          735.856665,
          741.199091,
          759.784048,
          777.717956
        ]
      },
      {
        "date": "2024-02-02",
        "close": 686.5,
        "volume": 462269,
        "typical_volume": 563442.5,
        "trend": 802.764998,
        "fair_value": 793.131083,
        "relative_strength": -21.629372,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.274632,
        "energy": 62.196233,
        "activity_lines": [
          717.873332,
          729.5,
          751.806429,
          769.928709
        ]
      },
      {
        "date": "2024-02-09",
        "close": 627.299988,
        "volume": 2159106,
        "typical_volume": 652529.1,
        "trend": 794.664998,
        "fair_value": 791.650448,
        "relative_strength": -27.861197,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -89.851124,
        "energy": 86.207972,
        "activity_lines": [
          684.439994,
          709.232725,
          738.770476,
          758.608386
        ]
      },
      {
        "date": "2024-02-16",
        "close": 680.799988,
        "volume": 2472696,
        "typical_volume": 737940.15,
        "trend": 785.983331,
        "fair_value": 790.669471,
        "relative_strength": -22.450339,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.040447,
        "energy": 73.775344,
        "activity_lines": [
          677.053325,
          701.701813,
          731.573808,
          751.262256
        ]
      },
      {
        "date": "2024-02-23",
        "close": 688.900024,
        "volume": 1834008,
        "typical_volume": 808814.15,
        "trend": 777.204999,
        "fair_value": 789.776756,
        "relative_strength": -21.909462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.300374,
        "energy": 67.757699,
        "activity_lines": [
          676.373336,
          696.486364,
          725.567858,
          744.998817
        ]
      },
      {
        "date": "2024-03-01",
        "close": 696.25,
        "volume": 572681,
        "typical_volume": 809420.75,
        "trend": 769.136666,
        "fair_value": 788.96348,
        "relative_strength": -21.195518,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.162484,
        "energy": 49.959517,
        "activity_lines": [
          681.356669,
          693.762727,
          720.604048,
          739.775914
        ]
      },
      {
        "date": "2024-03-08",
        "close": 696.25,
        "volume": 463209,
        "typical_volume": 812469.5,
        "trend": 763.429999,
        "fair_value": 788.164226,
        "relative_strength": -21.401037,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.774789,
        "energy": 39.26187,
        "activity_lines": [
          688.123336,
          691.59,
          715.949762,
          735.073548
        ]
      },
      {
        "date": "2024-03-15",
        "close": 665.549988,
        "volume": 681766,
        "typical_volume": 785650.2,
        "trend": 756.164998,
        "fair_value": 787.116241,
        "relative_strength": -22.698208,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.874548,
        "energy": 40.703742,
        "activity_lines": [
          684.006665,
          684.826362,
          708.793809,
          728.758709
        ]
      },
      {
        "date": "2024-03-22",
        "close": 687.200012,
        "volume": 407502,
        "typical_volume": 790212.75,
        "trend": 749.216665,
        "fair_value": 786.269493,
        "relative_strength": -20.118261,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.286837,
        "energy": 31.156688,
        "activity_lines": [
          684.556669,
          683.543637,
          704.407858,
          724.309355
        ]
      },
      {
        "date": "2024-03-29",
        "close": 687.849976,
        "volume": 607389,
        "typical_volume": 776064.45,
        "trend": 744.374998,
        "fair_value": 785.442439,
        "relative_strength": -20.607408,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -41.328065,
        "energy": 29.899249,
        "activity_lines": [
          684.896659,
          683.355451,
          700.573331,
          720.350214
        ]
      },
      {
        "date": "2024-04-05",
        "close": 691.5,
        "volume": 459251,
        "typical_volume": 782098.65,
        "trend": 740.446665,
        "fair_value": 784.659585,
        "relative_strength": -20.592093,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -40.012828,
        "energy": 28.244593,
        "activity_lines": [
          686.523328,
          684.726361,
          697.651903,
          716.938924
        ]
      },
      {
        "date": "2024-04-12",
        "close": 693.400024,
        "volume": 416929,
        "typical_volume": 775856.3,
        "trend": 736.618333,
        "fair_value": 783.905374,
        "relative_strength": -20.021688,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.410429,
        "energy": 21.713973,
        "activity_lines": [
          689.100004,
          687.015456,
          695.515953,
          713.903656
        ]
      },
      {
        "date": "2024-04-19",
        "close": 694.400024,
        "volume": 484050,
        "typical_volume": 788321.8,
        "trend": 733.646667,
        "fair_value": 783.171723,
        "relative_strength": -18.11406,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.705168,
        "energy": 17.739683,
        "activity_lines": [
          692.200012,
          689.360915,
          694.017384,
          711.179894
        ]
      },
      {
        "date": "2024-04-26",
        "close": 675.299988,
        "volume": 255965,
        "typical_volume": 756085.25,
        "trend": 730.528335,
        "fair_value": 782.294717,
        "relative_strength": -20.906163,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.556156,
        "energy": 24.078431,
        "activity_lines": [
          687.010006,
          687.01364,
          691.168335,
          707.415593
        ]
      },
      {
        "date": "2024-05-03",
        "close": 666.849976,
        "volume": 429475,
        "typical_volume": 746356.0,
        "trend": 727.398334,
        "fair_value": 781.363711,
        "relative_strength": -21.689499,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.829849,
        "energy": 29.012943,
        "activity_lines": [
          679.796663,
          683.229998,
          687.761428,
          703.307311
        ]
      },
      {
        "date": "2024-05-10",
        "close": 703.450012,
        "volume": 267922,
        "typical_volume": 726182.3,
        "trend": 725.471667,
        "fair_value": 780.740402,
        "relative_strength": -15.49384,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.128193,
        "energy": 22.363631,
        "activity_lines": [
          686.183333,
          686.501819,
          688.247857,
          701.762258
        ]
      },
      {
        "date": "2024-05-17",
        "close": 688.900024,
        "volume": 420401,
        "typical_volume": 706882.35,
        "trend": 722.271667,
        "fair_value": 780.01151,
        "relative_strength": -18.46139,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -42.973458,
        "energy": 23.27224,
        "activity_lines": [
          686.92334,
          686.997278,
          687.458574,
          699.402797
        ]
      },
      {
        "date": "2024-05-24",
        "close": 701.599976,
        "volume": 292376,
        "typical_volume": 703105.35,
        "trend": 718.516667,
        "fair_value": 779.394096,
        "relative_strength": -18.173948,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -17.080733,
        "energy": 9.311727,
        "activity_lines": [
          692.196663,
          689.935455,
          688.173333,
          698.06914
        ]
      },
      {
        "date": "2024-05-31",
        "close": 731.299988,
        "volume": 1099280,
        "typical_volume": 740663.55,
        "trend": 716.56,
        "fair_value": 779.018361,
        "relative_strength": -12.583377,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.601937,
        "energy": 12.988137,
        "activity_lines": [
          706.889994,
          697.61818,
          691.949523,
          698.89387
        ]
      },
      {
        "date": "2024-06-07",
        "close": 703.650024,
        "volume": 522122,
        "typical_volume": 725405.4,
        "trend": 713.128335,
        "fair_value": 778.43411,
        "relative_strength": -18.137912,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.779126,
        "energy": 12.621202,
        "activity_lines": [
          708.633337,
          699.471821,
          693.138097,
          698.060969
        ]
      },
      {
        "date": "2024-06-14",
        "close": 697.25,
        "volume": 400344,
        "typical_volume": 735437.05,
        "trend": 709.088334,
        "fair_value": 777.809617,
        "relative_strength": -18.951706,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.704971,
        "energy": 11.71285,
        "activity_lines": [
          705.790002,
          699.874547,
          693.87643,
          697.03656
        ]
      },
      {
        "date": "2024-06-21",
        "close": 684.549988,
        "volume": 427365,
        "typical_volume": 733691.85,
        "trend": 704.998334,
        "fair_value": 777.097712,
        "relative_strength": -20.010335,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.673771,
        "energy": 11.123591,
        "activity_lines": [
          699.126664,
          697.863635,
          693.527857,
          695.453441
        ]
      },
      {
        "date": "2024-06-28",
        "close": 682.450012,
        "volume": 529650,
        "typical_volume": 652219.05,
        "trend": 701.320001,
        "fair_value": 776.380684,
        "relative_strength": -21.45178,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.725879,
        "energy": 16.999016,
        "activity_lines": [
          692.053337,
          695.631819,
          692.988573,
          693.998711
        ]
      },
      {
        "date": "2024-07-05",
        "close": 669.299988,
        "volume": 3898731,
        "typical_volume": 723520.8,
        "trend": 699.391667,
        "fair_value": 775.575566,
        "relative_strength": -23.349221,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.281751,
        "energy": 25.409295,
        "activity_lines": [
          681.873332,
          691.226363,
          690.934286,
          691.932903
        ]
      },
      {
        "date": "2024-07-12",
        "close": 673.5,
        "volume": 573306,
        "typical_volume": 660485.7,
        "trend": 696.76,
        "fair_value": 774.813808,
        "relative_strength": -22.725927,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.574457,
        "energy": 32.438067,
        "activity_lines": [
          677.226664,
          687.693636,
          689.334762,
          690.262473
        ]
      },
      {
        "date": "2024-07-19",
        "close": 671.849976,
        "volume": 208097,
        "typical_volume": 642256.5,
        "trend": 694.936666,
        "fair_value": 774.051113,
        "relative_strength": -22.151966,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.355542,
        "energy": 42.306663,
        "activity_lines": [
          674.03999,
          683.739995,
          687.651426,
          688.655375
        ]
      },
      {
        "date": "2024-07-26",
        "close": 668.400024,
        "volume": 384551,
        "typical_volume": 638323.6,
        "trend": 692.191667,
        "fair_value": 773.274266,
        "relative_strength": -22.587422,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.850415,
        "energy": 45.529475,
        "activity_lines": [
          671.396667,
          679.733636,
          685.755714,
          686.943333
        ]
      },
      {
        "date": "2024-08-02",
        "close": 673.400024,
        "volume": 523861,
        "typical_volume": 630428.35,
        "trend": 689.621667,
        "fair_value": 772.545257,
        "relative_strength": -20.725191,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -51.776044,
        "energy": 35.959735,
        "activity_lines": [
          671.496675,
          677.009095,
          684.468812,
          685.730969
        ]
      },
      {
        "date": "2024-08-09",
        "close": 644.25,
        "volume": 1318245,
        "typical_volume": 675965.5,
        "trend": 686.4,
        "fair_value": 771.615582,
        "relative_strength": -22.274821,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -66.007704,
        "energy": 46.905278,
        "activity_lines": [
          662.483341,
          669.497277,
          680.368336,
          682.803765
        ]
      },
      {
        "date": "2024-08-16",
        "close": 642.200012,
        "volume": 273087,
        "typical_volume": 659250.4,
        "trend": 683.236668,
        "fair_value": 770.684534,
        "relative_strength": -22.209046,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.741879,
        "energy": 54.576142,
        "activity_lines": [
          654.456677,
          663.19546,
          676.277146,
          679.952153
        ]
      },
      {
        "date": "2024-08-23",
        "close": 635.0,
        "volume": 1251874,
        "typical_volume": 698881.55,
        "trend": 680.303335,
        "fair_value": 769.715359,
        "relative_strength": -23.035084,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.68368,
        "energy": 62.495715,
        "activity_lines": [
          646.116675,
          656.701823,
          671.717622,
          676.84011
        ]
      },
      {
        "date": "2024-08-30",
        "close": 679.400024,
        "volume": 29868618,
        "typical_volume": 2171466.0,
        "trend": 680.066669,
        "fair_value": 769.074825,
        "relative_strength": -18.246275,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.720318,
        "energy": 44.84432,
        "activity_lines": [
          655.033345,
          659.412736,
          671.655719,
          676.781832
        ]
      },
      {
        "date": "2024-09-06",
        "close": 730.849976,
        "volume": 4159245,
        "typical_volume": 2355225.75,
        "trend": 683.518335,
        "fair_value": 768.805636,
        "relative_strength": -10.09726,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": -2.288825,
        "energy": 6.486403,
        "activity_lines": [
          680.366667,
          671.571822,
          676.560479,
          680.058174
        ]
      },
      {
        "date": "2024-09-13",
        "close": 707.650024,
        "volume": 1498061,
        "typical_volume": 2417330.55,
        "trend": 684.413336,
        "fair_value": 768.377974,
        "relative_strength": -14.07029,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 9.66281,
        "energy": 19.857188,
        "activity_lines": [
          694.136674,
          678.632735,
          679.082147,
          681.615057
        ]
      },
      {
        "date": "2024-09-20",
        "close": 667.599976,
        "volume": 1996024,
        "typical_volume": 2495658.0,
        "trend": 683.703335,
        "fair_value": 767.678127,
        "relative_strength": -19.635727,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 2.517372,
        "energy": 18.052182,
        "activity_lines": [
          690.329997,
          677.714547,
          677.635478,
          680.530324
        ]
      },
      {
        "date": "2024-09-27",
        "close": 669.099976,
        "volume": 1662537,
        "typical_volume": 2565388.75,
        "trend": 682.798334,
        "fair_value": 766.998278,
        "relative_strength": -19.999718,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 2.011081,
        "energy": 13.435659,
        "activity_lines": [
          685.329989,
          677.176361,
          676.328095,
          679.588172
        ]
      },
      {
        "date": "2024-10-04",
        "close": 654.700012,
        "volume": 1259254,
        "typical_volume": 2607331.4,
        "trend": 681.413334,
        "fair_value": 766.229111,
        "relative_strength": -17.454976,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -40.353426,
        "energy": 17.129555,
        "activity_lines": [
          673.256661,
          674.069998,
          673.812858,
          677.775377
        ]
      },
      {
        "date": "2024-10-11",
        "close": 666.900024,
        "volume": 1568036,
        "typical_volume": 2671114.4,
        "trend": 681.458335,
        "fair_value": 765.553403,
        "relative_strength": -15.138422,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -34.265798,
        "energy": 22.251299,
        "activity_lines": [
          666.896671,
          673.430911,
          672.622384,
          676.839035
        ]
      },
      {
        "date": "2024-10-18",
        "close": 681.849976,
        "volume": 1190150,
        "typical_volume": 2675657.9,
        "trend": 681.280001,
        "fair_value": 764.98784,
        "relative_strength": -12.168375,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -29.072513,
        "energy": 17.278032,
        "activity_lines": [
          669.783329,
          675.628179,
          673.020953,
          676.864302
        ]
      },
      {
        "date": "2024-10-25",
        "close": 657.849976,
        "volume": 1226722,
        "typical_volume": 2710887.9,
        "trend": 680.280001,
        "fair_value": 764.268793,
        "relative_strength": -12.058961,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -40.065712,
        "energy": 21.497699,
        "activity_lines": [
          666.38999,
          672.778175,
          671.369284,
          675.352687
        ]
      },
      {
        "date": "2024-11-01",
        "close": 679.25,
        "volume": 539533,
        "typical_volume": 2717847.35,
        "trend": 679.871667,
        "fair_value": 763.702002,
        "relative_strength": -8.91622,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -27.38052,
        "energy": 11.713674,
        "activity_lines": [
          670.779993,
          673.534539,
          671.973808,
          675.286236
        ]
      },
      {
        "date": "2024-11-08",
        "close": 680.0,
        "volume": 1260486,
        "typical_volume": 2759503.4,
        "trend": 679.425,
        "fair_value": 763.147684,
        "relative_strength": -7.450866,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -13.323122,
        "energy": 6.386355,
        "activity_lines": [
          674.743327,
          673.622722,
          672.735474,
          675.294515
        ]
      },
      {
        "date": "2024-11-15",
        "close": 704.25,
        "volume": 3584749,
        "typical_volume": 2912258.35,
        "trend": 679.753333,
        "fair_value": 762.760199,
        "relative_strength": -0.920012,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 17.603676,
        "energy": 12.824354,
        "activity_lines": [
          685.103329,
          678.109087,
          675.828331,
          676.896128
        ]
      },
      {
        "date": "2024-11-22",
        "close": 741.799988,
        "volume": 5472452,
        "typical_volume": 2990944.4,
        "trend": 681.969999,
        "fair_value": 762.623204,
        "relative_strength": 3.36969,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 41.622007,
        "energy": 41.422824,
        "activity_lines": [
          705.489994,
          689.906358,
          682.393568,
          680.899138
        ]
      },
      {
        "date": "2024-11-29",
        "close": 782.700012,
        "volume": 3815574,
        "typical_volume": 3153057.8,
        "trend": 685.831667,
        "fair_value": 762.753573,
        "relative_strength": 8.521819,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 80.046122,
        "energy": 73.987615,
        "activity_lines": [
          735.513334,
          708.519089,
          692.508808,
          687.397849
        ]
      },
      {
        "date": "2024-12-06",
        "close": 850.799988,
        "volume": 4107344,
        "typical_volume": 3348020.15,
        "trend": 690.743333,
        "fair_value": 763.321614,
        "relative_strength": 15.365475,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.016646,
        "energy": 89.173036,
        "activity_lines": [
          779.91333,
          737.420905,
          708.589759,
          698.040966
        ]
      },
      {
        "date": "2024-12-13",
        "close": 855.0,
        "volume": 2026585,
        "typical_volume": 3430121.85,
        "trend": 696.279999,
        "fair_value": 763.909296,
        "relative_strength": 15.552153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.552608,
        "energy": 93.256297,
        "activity_lines": [
          814.276664,
          763.782724,
          724.218568,
          708.63817
        ]
      },
      {
        "date": "2024-12-20",
        "close": 848.049988,
        "volume": 1319791,
        "typical_volume": 3469918.35,
        "trend": 701.161666,
        "fair_value": 762.447757,
        "relative_strength": 20.201722,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.211176,
        "energy": 90.893539,
        "activity_lines": [
          834.656661,
          785.239086,
          738.296901,
          718.429783
        ]
      },
      {
        "date": "2024-12-27",
        "close": 841.099976,
        "volume": 741345,
        "typical_volume": 3441073.35,
        "trend": 704.821665,
        "fair_value": 761.189745,
        "relative_strength": 18.027005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.983813,
        "energy": 87.817293,
        "activity_lines": [
          843.133321,
          802.138174,
          750.88166,
          727.458061
        ]
      },
      {
        "date": "2025-01-03",
        "close": 832.0,
        "volume": 1207205,
        "typical_volume": 3487779.25,
        "trend": 709.099998,
        "fair_value": 760.012822,
        "relative_strength": 15.812573,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.890606,
        "energy": 83.17336,
        "activity_lines": [
          841.956657,
          814.487266,
          761.662375,
          735.663114
        ]
      },
      {
        "date": "2025-01-10",
        "close": 834.299988,
        "volume": 704878,
        "typical_volume": 3460429.45,
        "trend": 713.668331,
        "fair_value": 758.102245,
        "relative_strength": 18.839014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.198359,
        "energy": 60.406175,
        "activity_lines": [
          838.25999,
          824.088174,
          771.758327,
          743.740533
        ]
      },
      {
        "date": "2025-01-17",
        "close": 785.0,
        "volume": 759017,
        "typical_volume": 2004949.4,
        "trend": 717.016665,
        "fair_value": 755.277565,
        "relative_strength": 12.93554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.633323,
        "energy": 43.307318,
        "activity_lines": [
          819.229993,
          821.906357,
          776.209994,
          748.342576
        ]
      },
      {
        "date": "2025-01-24",
        "close": 718.599976,
        "volume": 1284970,
        "typical_volume": 1861235.65,
        "trend": 718.221663,
        "fair_value": 752.833014,
        "relative_strength": 4.062845,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.362594,
        "energy": 19.831954,
        "activity_lines": [
          782.733321,
          805.742717,
          773.834992,
          748.444725
        ]
      },
      {
        "date": "2025-01-31",
        "close": 723.349976,
        "volume": 1183826,
        "typical_volume": 1845523.9,
        "trend": 720.02333,
        "fair_value": 749.887501,
        "relative_strength": 2.938759,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.2866,
        "energy": 22.244829,
        "activity_lines": [
          756.449984,
          790.181805,
          771.970705,
          748.775584
        ]
      },
      {
        "date": "2025-02-07",
        "close": 796.25,
        "volume": 1909817,
        "typical_volume": 1841213.55,
        "trend": 724.114996,
        "fair_value": 747.629168,
        "relative_strength": 12.702692,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.442208,
        "energy": 25.873086,
        "activity_lines": [
          762.316655,
          788.210898,
          776.974515,
          753.693434
        ]
      },
      {
        "date": "2025-02-14",
        "close": 724.700012,
        "volume": 1218725,
        "typical_volume": 1819022.95,
        "trend": 725.876664,
        "fair_value": 745.700322,
        "relative_strength": 5.348365,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.471114,
        "energy": 17.046873,
        "activity_lines": [
          746.716663,
          772.984538,
          774.551422,
          753.731177
        ]
      },
      {
        "date": "2025-02-21",
        "close": 722.799988,
        "volume": 902526,
        "typical_volume": 1801186.55,
        "trend": 727.689996,
        "fair_value": 743.920834,
        "relative_strength": 5.639833,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.339555,
        "energy": 14.822617,
        "activity_lines": [
          737.789994,
          759.705447,
          771.682612,
          753.532682
        ]
      },
      {
        "date": "2025-02-28",
        "close": 714.599976,
        "volume": 803725,
        "typical_volume": 1762971.0,
        "trend": 729.063328,
        "fair_value": 742.136219,
        "relative_strength": 7.531912,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.228631,
        "energy": 14.678105,
        "activity_lines": [
          730.276656,
          747.33908,
          767.708562,
          752.688164
        ]
      },
      {
        "date": "2025-03-07",
        "close": 708.75,
        "volume": 769663,
        "typical_volume": 1741946.65,
        "trend": 731.213328,
        "fair_value": 740.233334,
        "relative_strength": 4.596831,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -24.615215,
        "energy": 34.009871,
        "activity_lines": [
          721.079993,
          736.335446,
          762.95023,
          751.377627
        ]
      },
      {
        "date": "2025-03-14",
        "close": 709.099976,
        "volume": 460248,
        "typical_volume": 1703622.95,
        "trend": 733.443327,
        "fair_value": 738.379488,
        "relative_strength": 5.277074,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.745604,
        "energy": 39.186954,
        "activity_lines": [
          712.97332,
          727.801807,
          758.097133,
          749.950959
        ]
      },
      {
        "date": "2025-03-21",
        "close": 730.400024,
        "volume": 525572,
        "typical_volume": 1702924.9,
        "trend": 736.623328,
        "fair_value": 736.92436,
        "relative_strength": 4.000733,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -19.482196,
        "energy": 26.289234,
        "activity_lines": [
          717.776664,
          725.37545,
          755.028565,
          749.754617
        ]
      },
      {
        "date": "2025-03-28",
        "close": 760.0,
        "volume": 886370,
        "typical_volume": 1684219.1,
        "trend": 739.309994,
        "fair_value": 735.27436,
        "relative_strength": 7.334746,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -0.7849,
        "energy": 7.697946,
        "activity_lines": [
          732.066667,
          730.219996,
          754.53547,
          751.262789
        ]
      },
      {
        "date": "2025-04-04",
        "close": 730.150024,
        "volume": 412434,
        "typical_volume": 1525603.35,
        "trend": 739.286662,
        "fair_value": 733.474039,
        "relative_strength": 5.808768,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.676557,
        "energy": 4.00652,
        "activity_lines": [
          733.926676,
          730.09182,
          750.818568,
          750.671824
        ]
      },
      {
        "date": "2025-04-11",
        "close": 789.200012,
        "volume": 718013,
        "typical_volume": 1287881.4,
        "trend": 742.004995,
        "fair_value": 732.193911,
        "relative_strength": 14.470001,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.289734,
        "energy": 12.420859,
        "activity_lines": [
          754.433345,
          740.490005,
          752.602141,
          753.89204
        ]
      },
      {
        "date": "2025-04-18",
        "close": 795.299988,
        "volume": 529630,
        "typical_volume": 1123584.2,
        "trend": 746.261662,
        "fair_value": 730.907052,
        "relative_strength": 10.267026,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 35.431316,
        "energy": 24.918846,
        "activity_lines": [
          771.610006,
          750.800002,
          754.74095,
          757.330426
        ]
      },
      {
        "date": "2025-04-25",
        "close": 793.099976,
        "volume": 514927,
        "typical_volume": 943963.35,
        "trend": 750.394995,
        "fair_value": 729.613462,
        "relative_strength": 8.904555,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 45.330735,
        "energy": 30.294426,
        "activity_lines": [
          782.306661,
          760.727271,
          756.610234,
          760.352253
        ]
      },
      {
        "date": "2025-05-02",
        "close": 799.299988,
        "volume": 435644,
        "typical_volume": 864416.3,
        "trend": 755.214994,
        "fair_value": 728.84359,
        "relative_strength": 8.153393,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 49.361099,
        "energy": 43.878817,
        "activity_lines": [
          790.88999,
          770.538178,
          759.344757,
          763.507414
        ]
      },
      {
        "date": "2025-05-09",
        "close": 795.25,
        "volume": 587936,
        "typical_volume": 827823.55,
        "trend": 759.493327,
        "fair_value": 728.62468,
        "relative_strength": 9.038534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.201227,
        "energy": 47.597907,
        "activity_lines": [
          795.503325,
          778.221815,
          761.958805,
          766.090318
        ]
      },
      {
        "date": "2025-05-16",
        "close": 885.549988,
        "volume": 956436,
        "typical_volume": 838578.1,
        "trend": 766.283327,
        "fair_value": 728.43109,
        "relative_strength": 16.161737,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.685637,
        "energy": 67.408827,
        "activity_lines": [
          825.876656,
          800.857268,
          773.424281,
          774.223005
        ]
      },
      {
        "date": "2025-05-23",
        "close": 952.450012,
        "volume": 1329488,
        "typical_volume": 844692.25,
        "trend": 776.103329,
        "fair_value": 728.890385,
        "relative_strength": 25.161937,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.822611,
        "energy": 83.81828,
        "activity_lines": [
          872.126664,
          832.441816,
          791.049521,
          786.233759
        ]
      },
      {
        "date": "2025-05-30",
        "close": 966.400024,
        "volume": 2335956,
        "typical_volume": 926246.15,
        "trend": 785.674996,
        "fair_value": 729.47468,
        "relative_strength": 26.995362,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.784749,
        "energy": 86.61209,
        "activity_lines": [
          912.550008,
          862.138184,
          809.429762,
          798.510965
        ]
      },
      {
        "date": "2025-06-06",
        "close": 915.150024,
        "volume": 1059581,
        "typical_volume": 941274.35,
        "trend": 793.51333,
        "fair_value": 730.512821,
        "relative_strength": 18.572935,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.252721,
        "energy": 80.707236,
        "activity_lines": [
          924.336682,
          878.22546,
          822.300002,
          806.864193
        ]
      },
      {
        "date": "2025-06-13",
        "close": 880.599976,
        "volume": 834382,
        "typical_volume": 918744.95,
        "trend": 799.391663,
        "fair_value": 731.353205,
        "relative_strength": 14.985917,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.757044,
        "energy": 73.614594,
        "activity_lines": [
          916.883337,
          885.210001,
          831.26,
          812.482686
        ]
      },
      {
        "date": "2025-06-20",
        "close": 870.900024,
        "volume": 779259,
        "typical_volume": 898516.6,
        "trend": 803.694997,
        "fair_value": 732.134295,
        "relative_strength": 11.551634,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.481529,
        "energy": 47.404568,
        "activity_lines": [
          900.506677,
          887.69546,
          838.524765,
          817.096129
        ]
      },
      {
        "date": "2025-06-27",
        "close": 911.799988,
        "volume": 771290,
        "typical_volume": 841590.25,
        "trend": 807.99833,
        "fair_value": 733.159936,
        "relative_strength": 13.893856,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.387874,
        "energy": 39.794247,
        "activity_lines": [
          898.740002,
          896.131821,
          848.982144,
          824.070644
        ]
      },
      {
        "date": "2025-07-04",
        "close": 869.299988,
        "volume": 507175,
        "typical_volume": 806012.75,
        "trend": 808.614996,
        "fair_value": 733.886218,
        "relative_strength": 8.894776,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.637463,
        "energy": 26.855805,
        "activity_lines": [
          885.516663,
          894.722728,
          854.841667,
          828.02559
        ]
      },
      {
        "date": "2025-07-11",
        "close": 874.349976,
        "volume": 734680,
        "typical_volume": 797620.45,
        "trend": 809.259996,
        "fair_value": 734.63718,
        "relative_strength": 10.389639,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.243219,
        "energy": 25.004776,
        "activity_lines": [
          880.449988,
          892.84636,
          860.49357,
          832.266557
        ]
      },
      {
        "date": "2025-07-18",
        "close": 900.400024,
        "volume": 614704,
        "typical_volume": 788169.4,
        "trend": 811.004997,
        "fair_value": 735.672436,
        "relative_strength": 13.901401,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.288992,
        "energy": 27.884574,
        "activity_lines": [
          886.786666,
          894.341819,
          867.904762,
          838.146558
        ]
      },
      {
        "date": "2025-07-25",
        "close": 896.25,
        "volume": 394761,
        "typical_volume": 769424.3,
        "trend": 812.843331,
        "fair_value": 736.661859,
        "relative_strength": 13.344813,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.951633,
        "energy": 25.138037,
        "activity_lines": [
          890.419999,
          893.17091,
          874.035953,
          843.646236
        ]
      },
      {
        "date": "2025-08-01",
        "close": 915.25,
        "volume": 779219,
        "typical_volume": 785372.85,
        "trend": 815.618331,
        "fair_value": 737.789744,
        "relative_strength": 16.323989,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.15888,
        "energy": 33.637724,
        "activity_lines": [
          898.696667,
          895.26,
          881.08381,
          850.253118
        ]
      },
      {
        "date": "2025-08-08",
        "close": 828.650024,
        "volume": 2140819,
        "typical_volume": 866135.2,
        "trend": 815.429999,
        "fair_value": 738.421795,
        "relative_strength": 5.710277,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.165531,
        "energy": 15.890921,
        "activity_lines": [
          877.876676,
          882.280004,
          878.902384,
          851.093872
        ]
      },
      {
        "date": "2025-08-15",
        "close": 813.799988,
        "volume": 1385886,
        "typical_volume": 891111.0,
        "trend": 816.389998,
        "fair_value": 739.033013,
        "relative_strength": 2.266323,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.425483,
        "energy": 8.888801,
        "activity_lines": [
          854.816671,
          869.104547,
          874.838811,
          850.98871
        ]
      },
      {
        "date": "2025-08-22",
        "close": 821.25,
        "volume": 764782,
        "typical_volume": 908728.4,
        "trend": 819.811666,
        "fair_value": 739.509615,
        "relative_strength": 1.760894,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.286617,
        "energy": 15.322304,
        "activity_lines": [
          838.276668,
          859.126365,
          871.228573,
          851.302259
        ]
      },
      {
        "date": "2025-08-29",
        "close": 841.950012,
        "volume": 334006,
        "typical_volume": 889528.05,
        "trend": 823.765,
        "fair_value": 740.178205,
        "relative_strength": 5.746019,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.736927,
        "energy": 21.149794,
        "activity_lines": [
          833.913338,
          853.990912,
          869.155955,
          852.730539
        ]
      },
      {
        "date": "2025-09-05",
        "close": 832.5,
        "volume": 653164,
        "typical_volume": 895704.75,
        "trend": 824.973334,
        "fair_value": 740.797436,
        "relative_strength": 2.97385,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 2.992612,
        "energy": 28.579544,
        "activity_lines": [
          830.020003,
          847.66364,
          865.932145,
          853.294088
        ]
      },
      {
        "date": "2025-09-12",
        "close": 838.75,
        "volume": 333908,
        "typical_volume": 886653.8,
        "trend": 828.775,
        "fair_value": 741.843269,
        "relative_strength": 1.87691,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 3.734246,
        "energy": 23.048897,
        "activity_lines": [
          833.726668,
          843.914549,
          863.126431,
          854.182905
        ]
      },
      {
        "date": "2025-09-19",
        "close": 840.549988,
        "volume": 625894,
        "typical_volume": 896166.3,
        "trend": 832.7,
        "fair_value": 743.127884,
        "relative_strength": 0.804872,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.33867,
        "energy": 10.447183,
        "activity_lines": [
          837.359998,
          841.048182,
          860.274763,
          854.942581
        ]
      },
      {
        "date": "2025-09-26",
        "close": 786.900024,
        "volume": 601835,
        "typical_volume": 896861.25,
        "trend": 835.110002,
        "fair_value": 744.210897,
        "relative_strength": -3.41437,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -29.891968,
        "energy": 23.840086,
        "activity_lines": [
          821.326672,
          829.041822,
          852.117146,
          851.987744
        ]
      },
      {
        "date": "2025-10-03",
        "close": 746.650024,
        "volume": 369730,
        "typical_volume": 867525.95,
        "trend": 836.373336,
        "fair_value": 745.041025,
        "relative_strength": -9.437945,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -47.951635,
        "energy": 51.86247,
        "activity_lines": [
          794.166679,
          811.780917,
          840.165957,
          846.280649
        ]
      },
      {
        "date": "2025-10-10",
        "close": 784.200012,
        "volume": 546048,
        "typical_volume": 828353.95,
        "trend": 838.87667,
        "fair_value": 746.263782,
        "relative_strength": -6.587898,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.103021,
        "energy": 51.924788,
        "activity_lines": [
          785.87668,
          804.067282,
          832.452387,
          842.914628
        ]
      },
      {
        "date": "2025-10-17",
        "close": 763.5,
        "volume": 473092,
        "typical_volume": 735210.75,
        "trend": 839.980003,
        "fair_value": 747.340705,
        "relative_strength": -10.672337,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -66.961785,
        "energy": 72.364934,
        "activity_lines": [
          773.906677,
          794.972735,
          823.568577,
          838.051617
        ]
      },
      {
        "date": "2025-10-24",
        "close": 759.0,
        "volume": 168339,
        "typical_volume": 690648.65,
        "trend": 839.946669,
        "fair_value": 748.324359,
        "relative_strength": -11.605924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.012286,
        "energy": 73.409871,
        "activity_lines": [
          765.453341,
          786.244552,
          815.222386,
          832.827101
        ]
      },
      {
        "date": "2025-10-31",
        "close": 762.849976,
        "volume": 665464,
        "typical_volume": 682202.75,
        "trend": 841.036668,
        "fair_value": 749.431731,
        "relative_strength": -10.993153,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.495761,
        "energy": 66.043084,
        "activity_lines": [
          763.719995,
          779.212729,
          807.986431,
          827.85312
        ]
      },
      {
        "date": "2025-11-07",
        "close": 787.349976,
        "volume": 11003440,
        "typical_volume": 1193411.8,
        "trend": 840.975,
        "fair_value": 750.746794,
        "relative_strength": -7.452083,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.798016,
        "energy": 52.004026,
        "activity_lines": [
          771.756653,
          777.697269,
          803.644524,
          824.389463
        ]
      },
      {
        "date": "2025-11-14",
        "close": 781.25,
        "volume": 1067570,
        "typical_volume": 1208225.8,
        "trend": 840.506667,
        "fair_value": 751.811538,
        "relative_strength": -9.661455,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.771162,
        "energy": 38.828899,
        "activity_lines": [
          775.046655,
          776.065451,
          799.119524,
          820.536237
        ]
      },
      {
        "date": "2025-11-21",
        "close": 767.400024,
        "volume": 764867,
        "typical_volume": 1221110.4,
        "trend": 839.650002,
        "fair_value": 752.398076,
        "relative_strength": -11.720277,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.898079,
        "energy": 32.841612,
        "activity_lines": [
          773.916667,
          772.847273,
          793.897145,
          815.81968
        ]
      },
      {
        "date": "2025-11-28",
        "close": 808.799988,
        "volume": 574159,
        "typical_volume": 1213084.35,
        "trend": 839.966669,
        "fair_value": 753.261538,
        "relative_strength": -7.352572,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.067565,
        "energy": 21.697318,
        "activity_lines": [
          786.326664,
          778.453634,
          793.102858,
          813.829356
        ]
      },
      {
        "date": "2025-12-05",
        "close": 810.450012,
        "volume": 716325,
        "typical_volume": 1218165.4,
        "trend": 840.473336,
        "fair_value": 753.870512,
        "relative_strength": -6.915556,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.558958,
        "energy": 18.286672,
        "activity_lines": [
          795.966671,
          784.937273,
          792.777859,
          811.925056
        ]
      },
      {
        "date": "2025-12-12",
        "close": 804.549988,
        "volume": 429248,
        "typical_volume": 1219889.75,
        "trend": 837.773336,
        "fair_value": 754.863782,
        "relative_strength": -6.902756,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.88425,
        "energy": 17.299773,
        "activity_lines": [
          800.466667,
          789.919997,
          792.319286,
          809.60742
        ]
      },
      {
        "date": "2025-12-19",
        "close": 820.549988,
        "volume": 528047,
        "typical_volume": 1207331.15,
        "trend": 833.376668,
        "fair_value": 756.054807,
        "relative_strength": -4.5159,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -7.746434,
        "energy": 13.52358,
        "activity_lines": [
          809.153329,
          796.759087,
          793.821189,
          808.496237
        ]
      },
      {
        "date": "2025-12-26",
        "close": 814.849976,
        "volume": 234019,
        "typical_volume": 1111991.15,
        "trend": 828.325,
        "fair_value": 757.344871,
        "relative_strength": -5.233571,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.726357,
        "energy": 14.438203,
        "activity_lines": [
          813.319987,
          801.900901,
          795.231187,
          807.300966
        ]
      },
      {
        "date": "2026-01-02",
        "close": 808.25,
        "volume": 397675,
        "typical_volume": 1062580.6,
        "trend": 824.761666,
        "fair_value": 758.654487,
        "relative_strength": -6.808111,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.395375,
        "energy": 12.470134,
        "activity_lines": [
          812.123324,
          804.909084,
          796.07833,
          806.005805
        ]
      },
      {
        "date": "2026-01-09",
        "close": 817.599976,
        "volume": 430393,
        "typical_volume": 1045861.15,
        "trend": 822.661666,
        "fair_value": 759.874358,
        "relative_strength": -3.148404,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.956909,
        "energy": 11.214187,
        "activity_lines": [
          814.079985,
          808.721809,
          797.842375,
          805.54376
        ]
      },
      {
        "date": "2026-01-16",
        "close": 833.400024,
        "volume": 400405,
        "typical_volume": 1049181.1,
        "trend": 821.411666,
        "fair_value": 761.208653,
        "relative_strength": -1.238519,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.936465,
        "energy": 17.154173,
        "activity_lines": [
          820.826664,
          814.411814,
          801.128568,
          806.236558
        ]
      },
      {
        "date": "2026-01-23",
        "close": 775.400024,
        "volume": 450488,
        "typical_volume": 1039047.3,
        "trend": 816.865,
        "fair_value": 762.126282,
        "relative_strength": -5.734096,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.405392,
        "energy": 13.3326,
        "activity_lines": [
          806.316675,
          808.719092,
          798.931666,
          803.268065
        ]
      },
      {
        "date": "2026-01-30",
        "close": 798.950012,
        "volume": 314703,
        "typical_volume": 1038087.05,
        "trend": 814.520001,
        "fair_value": 763.139744,
        "relative_strength": -3.958551,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.759757,
        "energy": 11.383209,
        "activity_lines": [
          802.666679,
          807.414549,
          799.249524,
          802.112259
        ]
      },
      {
        "date": "2026-02-06",
        "close": 868.900024,
        "volume": 570890,
        "typical_volume": 1035336.85,
        "trend": 814.338336,
        "fair_value": 764.447436,
        "relative_strength": 2.932334,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 37.433331,
        "energy": 20.809048,
        "activity_lines": [
          823.393351,
          818.254553,
          806.418812,
          805.620647
        ]
      },
      {
        "date": "2026-02-13",
        "close": 858.75,
        "volume": 1344310,
        "typical_volume": 1072460.6,
        "trend": 812.950002,
        "fair_value": 765.858654,
        "relative_strength": 2.492472,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 32.237663,
        "energy": 27.40466,
        "activity_lines": [
          836.693347,
          826.156371,
          812.486431,
          808.485916
        ]
      },
      {
        "date": "2026-02-20",
        "close": 829.150024,
        "volume": 751140,
        "typical_volume": 1091531.1,
        "trend": 810.713336,
        "fair_value": 767.03077,
        "relative_strength": -1.469223,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": 22.325776,
        "energy": 36.527941,
        "activity_lines": [
          837.383349,
          827.798193,
          815.392862,
          809.531079
        ]
      },
      {
        "date": "2026-02-27",
        "close": 847.599976,
        "volume": 767252,
        "typical_volume": 1102591.3,
        "trend": 808.458335,
        "fair_value": 767.984936,
        "relative_strength": 2.212269,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.132508,
        "energy": 54.362838,
        "activity_lines": [
          844.506669,
          832.347279,
          819.663574,
          811.910862
        ]
      },
      {
        "date": "2026-03-06",
        "close": 841.5,
        "volume": 672266,
        "typical_volume": 1112550.0,
        "trend": 808.886668,
        "fair_value": 768.940385,
        "relative_strength": 4.316808,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.351903,
        "energy": 42.387551,
        "activity_lines": [
          844.783333,
          835.29546,
          823.051431,
          814.042582
        ]
      },
      {
        "date": "2026-03-13",
        "close": 849.650024,
        "volume": 908844,
        "typical_volume": 1149575.25,
        "trend": 810.081669,
        "fair_value": 769.435257,
        "relative_strength": 10.912754,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.355709,
        "energy": 30.026043,
        "activity_lines": [
          844.940006,
          839.240918,
          826.844052,
          816.672476
        ]
      },
      {
        "date": "2026-03-20",
        "close": 820.650024,
        "volume": 493317,
        "typical_volume": 1140967.9,
        "trend": 810.06167,
        "fair_value": 770.404167,
        "relative_strength": 7.033999,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 38.03238,
        "energy": 21.026973,
        "activity_lines": [
          836.713346,
          837.160921,
          827.443102,
          817.354306
        ]
      },
      {
        "date": "2026-03-27",
        "close": 827.75,
        "volume": 271364,
        "typical_volume": 604364.1,
        "trend": 809.588336,
        "fair_value": 771.545513,
        "relative_strength": 9.104725,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 34.122944,
        "energy": 16.181905,
        "activity_lines": [
          833.393343,
          836.316373,
          828.443102,
          818.495488
        ]
      },
      {
        "date": "2026-04-03",
        "close": 836.049988,
        "volume": 298542,
        "typical_volume": 565912.7,
        "trend": 809.706669,
        "fair_value": 772.705128,
        "relative_strength": 10.400558,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 33.201299,
        "energy": 14.879375,
        "activity_lines": [
          832.933337,
          837.083641,
          830.041195,
          820.202692
        ]
      },
      {
        "date": "2026-04-10",
        "close": 866.849976,
        "volume": 1668976,
        "typical_volume": 611118.15,
        "trend": 810.643335,
        "fair_value": 773.672756,
        "relative_strength": 8.010229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.49611,
        "energy": 24.63571,
        "activity_lines": [
          843.509994,
          842.348181,
          834.311669,
          823.889356
        ]
      },
      {
        "date": "2026-04-17",
        "close": 877.799988,
        "volume": 457285,
        "typical_volume": 605274.45,
        "trend": 811.885002,
        "fair_value": 774.526923,
        "relative_strength": 7.846187,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.775976,
        "energy": 37.571968,
        "activity_lines": [
          856.046655,
          848.369087,
          839.15143,
          828.222044
        ]
      },
      {
        "date": "2026-04-24",
        "close": 903.650024,
        "volume": 388888,
        "typical_volume": 588902.6,
        "trend": 815.776668,
        "fair_value": 775.578846,
        "relative_strength": 12.825704,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.489751,
        "energy": 57.605379,
        "activity_lines": [
          875.323332,
          858.928183,
          846.124527,
          834.142368
        ]
      },
      {
        "date": "2026-05-01",
        "close": 872.150024,
        "volume": 259216,
        "typical_volume": 580401.0,
        "trend": 819.960002,
        "fair_value": 776.559615,
        "relative_strength": 8.22262,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.739859,
        "energy": 54.779292,
        "activity_lines": [
          878.566675,
          862.943641,
          849.653815,
          837.779359
        ]
      },
      {
        "date": "2026-05-08",
        "close": 874.700012,
        "volume": 283472,
        "typical_volume": 568172.25,
        "trend": 822.976668,
        "fair_value": 777.540705,
        "relative_strength": 7.549009,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.722192,
        "energy": 53.631288,
        "activity_lines": [
          879.700012,
          866.640916,
          853.104054,
          841.310972
        ]
      },
      {
        "date": "2026-05-15",
        "close": 951.0,
        "volume": 940795,
        "typical_volume": 603511.05,
        "trend": 829.226668,
        "fair_value": 779.233013,
        "relative_strength": 19.235638,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.539107,
        "energy": 67.853529,
        "activity_lines": [
          903.69001,
          883.718187,
          863.563101,
          849.570542
        ]
      },
      {
        "date": "2026-05-22",
        "close": 898.75,
        "volume": 2800486,
        "typical_volume": 723651.6,
        "trend": 833.885002,
        "fair_value": 779.782051,
        "relative_strength": 12.352134,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.93275,
        "energy": 42.089621,
        "activity_lines": [
          904.653341,
          889.30455,
          868.397624,
          854.055918
        ]
      },
      {
        "date": "2026-05-29",
        "close": 895.200012,
        "volume": 913772,
        "typical_volume": 747820.55,
        "trend": 838.296669,
        "fair_value": 780.311218,
        "relative_strength": 12.78981,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.692999,
        "energy": 36.475303,
        "activity_lines": [
          903.036674,
          893.352733,
          872.463101,
          858.011725
        ]
      },
      {
        "date": "2026-06-05",
        "close": 858.700012,
        "volume": 185870,
        "typical_volume": 737093.8,
        "trend": 840.675004,
        "fair_value": 780.835898,
        "relative_strength": 9.020155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.454014,
        "energy": 29.337908,
        "activity_lines": [
          889.816675,
          889.409099,
          872.682863,
          859.32807
        ]
      },
      {
        "date": "2026-06-12",
        "close": 881.950012,
        "volume": 837645,
        "typical_volume": 756451.65,
        "trend": 844.031671,
        "fair_value": 781.368269,
        "relative_strength": 10.64966,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.209465,
        "energy": 17.173448,
        "activity_lines": [
          885.243343,
          889.130009,
          874.996435,
          861.990974
        ]
      },
      {
        "date": "2026-06-19",
        "close": 844.450012,
        "volume": 74427,
        "typical_volume": 744437.85,
        "trend": 846.600004,
        "fair_value": 781.7625,
        "relative_strength": 4.194487,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.591139,
        "energy": 13.580667,
        "activity_lines": [
          867.686678,
          881.198192,
          873.231198,
          862.017963
        ]
      },
      {
        "date": "2026-06-26",
        "close": 835.0,
        "volume": 0,
        "typical_volume": 715893.35,
        "trend": 847.473338,
        "fair_value": 782.147756,
        "relative_strength": 2.894807,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.531454,
        "energy": 15.285875,
        "activity_lines": [
          854.083341,
          871.955463,
          870.349292,
          861.269576
        ]
      },
      {
        "date": "2026-07-03",
        "close": 822.0,
        "volume": 79307,
        "typical_volume": 652643.2,
        "trend": 847.858337,
        "fair_value": 782.157051,
        "relative_strength": 0.41191,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -22.878854,
        "energy": 23.407752,
        "activity_lines": [
          840.396671,
          861.127279,
          866.39072,
          859.626135
        ]
      },
      {
        "date": "2026-07-10",
        "close": 826.099976,
        "volume": 386781,
        "typical_volume": 634425.25,
        "trend": 848.57667,
        "fair_value": 781.873718,
        "relative_strength": 1.216209,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -22.465113,
        "energy": 31.872596,
        "activity_lines": [
          832.956661,
          852.529092,
          862.997622,
          858.22237
        ]
      },
      {
        "date": "2026-07-17",
        "close": 801.099976,
        "volume": 389436,
        "typical_volume": 615534.45,
        "trend": 847.928337,
        "fair_value": 780.97532,
        "relative_strength": -2.185503,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.054337,
        "energy": 47.503821,
        "activity_lines": [
          819.356653,
          840.222723,
          857.238096,
          855.159357
        ]
      },
      {
        "date": "2026-07-24",
        "close": 720.549988,
        "volume": 3841042,
        "typical_volume": 773973.25,
        "trend": 844.785004,
        "fair_value": 779.490064,
        "relative_strength": -9.624488,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -58.106385,
        "energy": 66.575797,
        "activity_lines": [
          784.296651,
          814.609084,
          844.028571,
          846.941399
        ]
      },
      {
        "date": "2026-07-31",
        "close": 705.0,
        "volume": 1310352,
        "typical_volume": 794048.65,
        "trend": 841.343337,
        "fair_value": 777.994551,
        "relative_strength": -13.394962,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -84.65012,
        "energy": 83.791864,
        "activity_lines": [
          752.313322,
          790.358175,
          829.914047,
          837.923012
        ]
      },
      {
        "date": "2026-08-07",
        "close": 700.25,
        "volume": 952516,
        "typical_volume": 817008.6,
        "trend": 837.431671,
        "fair_value": 776.922756,
        "relative_strength": -14.361384,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.720952,
        "energy": 87.024572,
        "activity_lines": [
          727.413326,
          768.766358,
          816.035951,
          828.820216
        ]
      }
    ],
    "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."
    }
  }
}