{
  "ticker": {
    "uuid": "f5d995cf-7c58-42b4-a223-0fd1c2f2a996",
    "symbol": "KTC",
    "name": "Krungthai Card Public Company Limited",
    "exchange": "SET",
    "country": "TH",
    "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": "^SET.BK",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 74.519,
    "architecture_energy": 84.204,
    "architecture_maturity": 50.0,
    "architecture_confidence": 78.354,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 0.52,
        "rotation_up": 85.11,
        "upward_expansion": 96.74,
        "deceleration": 41.61,
        "rotation_down": 8.49,
        "downward_expansion": 18.74
      },
      "activity_lines": [
        38.666667,
        36.990909,
        34.16792,
        32.622692
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 39.0,
    "trend_reference": 30.763499,
    "distance_from_trend": 0.267736,
    "trend_direction": "Improving",
    "fair_value": 36.272084,
    "distance_from_fair_value": 0.075207,
    "fair_value_direction": "Improving",
    "relative_strength": 16.716065,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.440828,
    "excess_performance": 0.248503,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.267736,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.11795,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.075207,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.273426,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.167161,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.261594,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.440828,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.369447,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 73850800,
      "relative_activity": 1.055799,
      "balance": 2.369447,
      "dry_up": 1.653188,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.044872,
      "annualized_volatility": 0.289412,
      "from_high_reference": -0.054545,
      "from_low_reference": 0.697697
    },
    "levels": {
      "trend_reference": 30.763499,
      "fair_value_reference": 36.272084,
      "structural_low": 25.89091,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": 0.025532,
        "positive_rate": 0.7,
        "directional_follow_through": 0.7,
        "median_excess_return": 0.025236,
        "regime_survival": 0.6,
        "best_return": 0.2,
        "worst_return": -0.092233,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.007299,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.041273,
        "regime_survival": 0.5,
        "best_return": 0.098154,
        "worst_return": -0.056795,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.034237,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.089944,
        "regime_survival": 0.0,
        "best_return": -0.0179,
        "worst_return": -0.050575,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.212752,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.12687,
        "regime_survival": 0.0,
        "best_return": -0.062542,
        "worst_return": -0.362962,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-09-13",
        "end": "2024-10-11",
        "tenure": "Developing",
        "return": 0.066298,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-18",
        "end": "2024-11-15",
        "tenure": "Developing",
        "return": -0.041237,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-22",
        "end": "2024-12-13",
        "tenure": "New",
        "return": 0.031746,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-20",
        "end": "2025-02-28",
        "tenure": "Developing",
        "return": 0.053191,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-07",
        "end": "2025-03-21",
        "tenure": "New",
        "return": -0.036458,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-28",
        "end": "2025-04-25",
        "tenure": "Developing",
        "return": 0.035505,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-02",
        "end": "2025-05-16",
        "tenure": "New",
        "return": -0.114754,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-23",
        "end": "2025-10-17",
        "tenure": "Established",
        "return": -0.263804,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-24",
        "end": "2025-11-07",
        "tenure": "New",
        "return": -0.05042,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-11-14",
        "end": "2026-02-13",
        "tenure": "Established",
        "return": 0.12963,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-02-20",
        "end": "2026-02-27",
        "tenure": "New",
        "return": -0.007463,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-03-06",
        "end": "2026-03-27",
        "tenure": "New",
        "return": -0.016949,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-03",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.027037,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.333333,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 40.224308,
        "volume": 18153100,
        "typical_volume": 25214065.0,
        "trend": 46.405406,
        "fair_value": 50.196596,
        "relative_strength": -12.699467,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.88923,
        "energy": 47.787545,
        "activity_lines": [
          41.098426,
          41.493059,
          43.407986,
          44.701034
        ]
      },
      {
        "date": "2023-08-25",
        "close": 43.113346,
        "volume": 23709900,
        "typical_volume": 25723755.0,
        "trend": 46.187617,
        "fair_value": 50.304797,
        "relative_strength": -8.668567,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.302931,
        "energy": 34.830957,
        "activity_lines": [
          41.735496,
          41.666805,
          43.227044,
          44.488643
        ]
      },
      {
        "date": "2023-09-01",
        "close": 42.891113,
        "volume": 28172000,
        "typical_volume": 26421005.0,
        "trend": 45.897095,
        "fair_value": 50.411573,
        "relative_strength": -8.971887,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.478976,
        "energy": 27.64289,
        "activity_lines": [
          42.150333,
          41.82843,
          43.048791,
          44.275966
        ]
      },
      {
        "date": "2023-09-08",
        "close": 42.224407,
        "volume": 15083100,
        "typical_volume": 25867485.0,
        "trend": 45.642416,
        "fair_value": 50.514076,
        "relative_strength": -9.292879,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.727031,
        "energy": 25.148161,
        "activity_lines": [
          42.298488,
          41.905201,
          42.83714,
          44.039018
        ]
      },
      {
        "date": "2023-09-15",
        "close": 41.335476,
        "volume": 8946300,
        "typical_volume": 25262620.0,
        "trend": 45.336332,
        "fair_value": 50.598675,
        "relative_strength": -10.599017,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.339818,
        "energy": 23.478137,
        "activity_lines": [
          42.046623,
          41.852674,
          42.569401,
          43.761151
        ]
      },
      {
        "date": "2023-09-22",
        "close": 40.891006,
        "volume": 10768300,
        "typical_volume": 25334120.0,
        "trend": 44.993656,
        "fair_value": 50.673643,
        "relative_strength": -10.17164,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.299147,
        "energy": 32.736193,
        "activity_lines": [
          41.691048,
          41.711252,
          42.285789,
          43.474356
        ]
      },
      {
        "date": "2023-09-29",
        "close": 39.11314,
        "volume": 17569200,
        "typical_volume": 25034005.0,
        "trend": 44.649785,
        "fair_value": 50.729078,
        "relative_strength": -10.807141,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.041626,
        "energy": 49.07132,
        "activity_lines": [
          40.698405,
          41.250622,
          41.862486,
          43.094968
        ]
      },
      {
        "date": "2023-10-06",
        "close": 39.779839,
        "volume": 19501900,
        "typical_volume": 24801210.0,
        "trend": 44.36443,
        "fair_value": 50.779294,
        "relative_strength": -6.988734,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.202982,
        "energy": 59.164278,
        "activity_lines": [
          40.194675,
          40.943536,
          41.552418,
          42.780777
        ]
      },
      {
        "date": "2023-10-13",
        "close": 41.335476,
        "volume": 9293700,
        "typical_volume": 24186280.0,
        "trend": 44.181737,
        "fair_value": 50.838125,
        "relative_strength": -4.025588,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.023573,
        "energy": 54.741893,
        "activity_lines": [
          40.41691,
          40.963739,
          41.439184,
          42.585361
        ]
      },
      {
        "date": "2023-10-20",
        "close": 40.446541,
        "volume": 9897000,
        "typical_volume": 23316430.0,
        "trend": 43.954896,
        "fair_value": 50.891258,
        "relative_strength": -2.51246,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.767069,
        "energy": 49.821336,
        "activity_lines": [
          40.402094,
          40.810196,
          41.268805,
          42.344381
        ]
      },
      {
        "date": "2023-10-27",
        "close": 39.11314,
        "volume": 15905100,
        "typical_volume": 23271230.0,
        "trend": 43.683609,
        "fair_value": 50.927707,
        "relative_strength": -4.793774,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.610946,
        "energy": 42.623714,
        "activity_lines": [
          40.002074,
          40.4425,
          40.994717,
          42.032009
        ]
      },
      {
        "date": "2023-11-03",
        "close": 41.557709,
        "volume": 15675700,
        "typical_volume": 23038810.0,
        "trend": 43.464773,
        "fair_value": 50.968976,
        "relative_strength": -0.957317,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.969036,
        "energy": 27.313028,
        "activity_lines": [
          40.535435,
          40.539475,
          40.991542,
          41.894855
        ]
      },
      {
        "date": "2023-11-10",
        "close": 40.668777,
        "volume": 14564300,
        "typical_volume": 22997840.0,
        "trend": 43.180015,
        "fair_value": 50.995054,
        "relative_strength": -0.824719,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.100518,
        "energy": 23.632326,
        "activity_lines": [
          40.609513,
          40.50311,
          40.918523,
          41.714468
        ]
      },
      {
        "date": "2023-11-17",
        "close": 40.668777,
        "volume": 22088300,
        "typical_volume": 23028905.0,
        "trend": 42.928151,
        "fair_value": 51.014351,
        "relative_strength": -2.484175,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -35.127363,
        "energy": 20.39212,
        "activity_lines": [
          40.624329,
          40.507151,
          40.86561,
          41.552452
        ]
      },
      {
        "date": "2023-11-24",
        "close": 41.557709,
        "volume": 18157800,
        "typical_volume": 22317040.0,
        "trend": 42.750364,
        "fair_value": 51.000017,
        "relative_strength": 1.085578,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -27.806903,
        "energy": 14.684013,
        "activity_lines": [
          40.979903,
          40.7011,
          40.913232,
          41.464037
        ]
      },
      {
        "date": "2023-12-01",
        "close": 41.113239,
        "volume": 26867100,
        "typical_volume": 19021475.0,
        "trend": 42.550353,
        "fair_value": 50.976052,
        "relative_strength": 1.345372,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -27.978515,
        "energy": 12.604528,
        "activity_lines": [
          41.113242,
          40.810196,
          40.915348,
          41.358416
        ]
      },
      {
        "date": "2023-12-08",
        "close": 41.113239,
        "volume": 18204500,
        "typical_volume": 18238285.0,
        "trend": 42.268857,
        "fair_value": 50.949376,
        "relative_strength": 1.438704,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -25.541037,
        "energy": 11.769789,
        "activity_lines": [
          41.113241,
          40.915252,
          40.917464,
          41.265699
        ]
      },
      {
        "date": "2023-12-15",
        "close": 41.113239,
        "volume": 46199700,
        "typical_volume": 19337090.0,
        "trend": 41.972545,
        "fair_value": 50.910494,
        "relative_strength": 0.895466,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -15.602006,
        "energy": 8.515233,
        "activity_lines": [
          41.142871,
          40.983941,
          40.918522,
          41.191143
        ]
      },
      {
        "date": "2023-12-22",
        "close": 40.446541,
        "volume": 20693600,
        "typical_volume": 19538805.0,
        "trend": 41.750311,
        "fair_value": 50.844283,
        "relative_strength": -1.541029,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -22.91601,
        "energy": 9.693608,
        "activity_lines": [
          40.920638,
          40.90717,
          40.861377,
          41.092691
        ]
      },
      {
        "date": "2023-12-29",
        "close": 38.668671,
        "volume": 22955300,
        "typical_volume": 19120295.0,
        "trend": 41.528078,
        "fair_value": 50.769387,
        "relative_strength": -6.369612,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -56.944745,
        "energy": 32.488684,
        "activity_lines": [
          40.120597,
          40.523312,
          40.635968,
          40.893875
        ]
      },
      {
        "date": "2024-01-05",
        "close": 39.557606,
        "volume": 8805600,
        "typical_volume": 18652920.0,
        "trend": 41.276213,
        "fair_value": 50.606614,
        "relative_strength": -4.849535,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -51.097815,
        "energy": 40.49289,
        "activity_lines": [
          39.80947,
          40.333403,
          40.511094,
          40.766748
        ]
      },
      {
        "date": "2024-01-12",
        "close": 39.557606,
        "volume": 15146800,
        "typical_volume": 18224765.0,
        "trend": 41.105834,
        "fair_value": 50.434347,
        "relative_strength": -3.714603,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -52.319515,
        "energy": 46.977296,
        "activity_lines": [
          39.602053,
          40.135413,
          40.389395,
          40.65587
        ]
      },
      {
        "date": "2024-01-19",
        "close": 38.224205,
        "volume": 17015600,
        "typical_volume": 17666945.0,
        "trend": 40.8836,
        "fair_value": 50.334904,
        "relative_strength": -4.741393,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.586358,
        "energy": 57.892012,
        "activity_lines": [
          39.053877,
          39.731352,
          40.157637,
          40.469959
        ]
      },
      {
        "date": "2024-01-26",
        "close": 38.8909,
        "volume": 19229700,
        "typical_volume": 17874275.0,
        "trend": 40.713221,
        "fair_value": 50.231597,
        "relative_strength": -1.991027,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.689301,
        "energy": 48.348262,
        "activity_lines": [
          38.920535,
          39.492955,
          40.011597,
          40.341397
        ]
      },
      {
        "date": "2024-02-02",
        "close": 39.335373,
        "volume": 21957600,
        "typical_volume": 18524840.0,
        "trend": 40.661366,
        "fair_value": 50.132496,
        "relative_strength": -1.872178,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.328502,
        "energy": 40.842109,
        "activity_lines": [
          39.03906,
          39.367696,
          39.923762,
          40.252504
        ]
      },
      {
        "date": "2024-02-09",
        "close": 39.11314,
        "volume": 20405700,
        "typical_volume": 19006710.0,
        "trend": 40.594696,
        "fair_value": 50.007559,
        "relative_strength": -2.612672,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.433265,
        "energy": 34.601087,
        "activity_lines": [
          39.039061,
          39.242438,
          39.824286,
          40.152618
        ]
      },
      {
        "date": "2024-02-16",
        "close": 38.001972,
        "volume": 6679700,
        "typical_volume": 18462235.0,
        "trend": 40.498395,
        "fair_value": 49.901266,
        "relative_strength": -5.035712,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.73082,
        "energy": 36.878414,
        "activity_lines": [
          38.698303,
          38.951514,
          39.627451,
          39.985346
        ]
      },
      {
        "date": "2024-02-23",
        "close": 38.668671,
        "volume": 17483400,
        "typical_volume": 18361310.0,
        "trend": 40.379871,
        "fair_value": 49.804672,
        "relative_strength": -3.95594,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.854854,
        "energy": 31.330164,
        "activity_lines": [
          38.683487,
          38.838377,
          39.499402,
          39.867299
        ]
      },
      {
        "date": "2024-03-01",
        "close": 38.8909,
        "volume": 16116300,
        "typical_volume": 18702440.0,
        "trend": 40.320608,
        "fair_value": 49.672886,
        "relative_strength": -1.080627,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.176199,
        "energy": 31.294173,
        "activity_lines": [
          38.713117,
          38.810092,
          39.397809,
          39.771237
        ]
      },
      {
        "date": "2024-03-08",
        "close": 39.335373,
        "volume": 14754000,
        "typical_volume": 18945290.0,
        "trend": 40.231715,
        "fair_value": 49.530387,
        "relative_strength": -1.199135,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -47.59861,
        "energy": 26.662478,
        "activity_lines": [
          38.890904,
          38.890904,
          39.350187,
          39.707673
        ]
      },
      {
        "date": "2024-03-15",
        "close": 40.891006,
        "volume": 12422200,
        "typical_volume": 18771145.0,
        "trend": 40.253938,
        "fair_value": 49.396503,
        "relative_strength": 2.766535,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.775022,
        "energy": 10.911234,
        "activity_lines": [
          39.587236,
          39.242437,
          39.456013,
          39.750208
        ]
      },
      {
        "date": "2024-03-22",
        "close": 40.224308,
        "volume": 8749700,
        "typical_volume": 18424845.0,
        "trend": 40.157637,
        "fair_value": 49.231223,
        "relative_strength": 1.494899,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.378762,
        "energy": 16.75924,
        "activity_lines": [
          39.94281,
          39.448509,
          39.489877,
          39.748296
        ]
      },
      {
        "date": "2024-03-29",
        "close": 40.668777,
        "volume": 7570100,
        "typical_volume": 18075135.0,
        "trend": 40.083559,
        "fair_value": 49.057942,
        "relative_strength": 2.836914,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 17.457678,
        "energy": 21.753885,
        "activity_lines": [
          40.298385,
          39.723271,
          39.572421,
          39.781273
        ]
      },
      {
        "date": "2024-04-05",
        "close": 40.224308,
        "volume": 12755000,
        "typical_volume": 17608470.0,
        "trend": 40.016889,
        "fair_value": 48.889949,
        "relative_strength": 1.974449,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 14.292508,
        "energy": 21.454935,
        "activity_lines": [
          40.372464,
          39.872774,
          39.612635,
          39.790354
        ]
      },
      {
        "date": "2024-04-12",
        "close": 40.891006,
        "volume": 7788100,
        "typical_volume": 17089985.0,
        "trend": 40.002073,
        "fair_value": 48.742504,
        "relative_strength": 2.231204,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.300165,
        "energy": 30.148864,
        "activity_lines": [
          40.579881,
          40.119251,
          39.718461,
          39.846748
        ]
      },
      {
        "date": "2024-04-19",
        "close": 40.452206,
        "volume": 7804800,
        "typical_volume": 16136870.0,
        "trend": 39.987446,
        "fair_value": 48.588788,
        "relative_strength": 6.057115,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 15.558092,
        "energy": 25.751149,
        "activity_lines": [
          40.537323,
          40.257662,
          39.78567,
          39.875789
        ]
      },
      {
        "date": "2024-04-26",
        "close": 39.080944,
        "volume": 30928900,
        "typical_volume": 16773090.0,
        "trend": 39.986373,
        "fair_value": 48.420793,
        "relative_strength": 0.493049,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -11.48796,
        "energy": 7.984862,
        "activity_lines": [
          40.06693,
          40.122406,
          39.725431,
          39.817305
        ]
      },
      {
        "date": "2024-05-03",
        "close": 39.538029,
        "volume": 37370000,
        "typical_volume": 16331605.0,
        "trend": 39.978313,
        "fair_value": 48.270822,
        "relative_strength": 1.054495,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.342169,
        "energy": 6.913946,
        "activity_lines": [
          39.825124,
          40.050638,
          39.718402,
          39.78838
        ]
      },
      {
        "date": "2024-05-10",
        "close": 39.766575,
        "volume": 37595800,
        "typical_volume": 17176715.0,
        "trend": 39.926016,
        "fair_value": 48.13741,
        "relative_strength": 1.6805,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.397109,
        "energy": 10.591046,
        "activity_lines": [
          39.734883,
          40.004618,
          39.74064,
          39.774719
        ]
      },
      {
        "date": "2024-05-17",
        "close": 39.766575,
        "volume": 28118600,
        "typical_volume": 17434880.0,
        "trend": 39.903351,
        "fair_value": 47.975183,
        "relative_strength": 1.177615,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -3.952417,
        "energy": 9.559404,
        "activity_lines": [
          39.675157,
          39.942677,
          39.766116,
          39.764433
        ]
      },
      {
        "date": "2024-05-24",
        "close": 39.538029,
        "volume": 10525800,
        "typical_volume": 17520890.0,
        "trend": 39.917514,
        "fair_value": 47.826585,
        "relative_strength": 2.062188,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -25.695368,
        "energy": 14.517851,
        "activity_lines": [
          39.614211,
          39.831341,
          39.764597,
          39.740864
        ]
      },
      {
        "date": "2024-05-31",
        "close": 40.452206,
        "volume": 12669600,
        "typical_volume": 17397030.0,
        "trend": 39.880664,
        "fair_value": 47.682474,
        "relative_strength": 5.849926,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 16.48872,
        "energy": 7.029505,
        "activity_lines": [
          39.918937,
          39.91082,
          39.850236,
          39.77536
        ]
      },
      {
        "date": "2024-06-07",
        "close": 41.594921,
        "volume": 18421800,
        "typical_volume": 17467340.0,
        "trend": 39.911535,
        "fair_value": 47.556666,
        "relative_strength": 9.827181,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 33.022484,
        "energy": 32.079977,
        "activity_lines": [
          40.513149,
          40.193921,
          40.040445,
          39.885957
        ]
      },
      {
        "date": "2024-06-14",
        "close": 39.309486,
        "volume": 43060500,
        "typical_volume": 18658880.0,
        "trend": 39.866225,
        "fair_value": 47.443651,
        "relative_strength": 5.769299,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.34339,
        "energy": 10.850761,
        "activity_lines": [
          40.208424,
          40.044649,
          39.996943,
          39.847115
        ]
      },
      {
        "date": "2024-06-21",
        "close": 38.166767,
        "volume": 22429400,
        "typical_volume": 18682470.0,
        "trend": 39.753194,
        "fair_value": 47.320567,
        "relative_strength": 2.748269,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.796773,
        "energy": 14.219912,
        "activity_lines": [
          39.553266,
          39.704243,
          39.842617,
          39.737473
        ]
      },
      {
        "date": "2024-06-28",
        "close": 37.252594,
        "volume": 10353400,
        "typical_volume": 18179855.0,
        "trend": 39.624506,
        "fair_value": 47.192995,
        "relative_strength": 0.750954,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -60.657229,
        "energy": 52.748035,
        "activity_lines": [
          38.700036,
          39.247156,
          39.606792,
          39.576144
        ]
      },
      {
        "date": "2024-07-05",
        "close": 35.195702,
        "volume": 32964400,
        "typical_volume": 19494090.0,
        "trend": 39.427255,
        "fair_value": 47.054982,
        "relative_strength": -5.573389,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.916355,
        "energy": 77.35583,
        "activity_lines": [
          37.313539,
          38.474263,
          39.183932,
          39.290415
        ]
      },
      {
        "date": "2024-07-12",
        "close": 34.738613,
        "volume": 17509800,
        "typical_volume": 19495410.0,
        "trend": 39.214767,
        "fair_value": 46.894828,
        "relative_strength": -8.140024,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.788378,
        "energy": 87.115932,
        "activity_lines": [
          36.125112,
          37.688904,
          38.730902,
          38.987922
        ]
      },
      {
        "date": "2024-07-19",
        "close": 36.109875,
        "volume": 8142800,
        "typical_volume": 19096735.0,
        "trend": 39.070211,
        "fair_value": 46.77228,
        "relative_strength": -3.477998,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.32094,
        "energy": 80.827265,
        "activity_lines": [
          35.850859,
          37.240127,
          38.427184,
          38.787606
        ]
      },
      {
        "date": "2024-07-26",
        "close": 36.338421,
        "volume": 8405800,
        "typical_volume": 18779325.0,
        "trend": 38.992536,
        "fair_value": 46.666291,
        "relative_strength": -2.158257,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.690035,
        "energy": 78.718742,
        "activity_lines": [
          35.866096,
          36.89939,
          38.158475,
          38.611361
        ]
      },
      {
        "date": "2024-08-02",
        "close": 35.65279,
        "volume": 8845600,
        "typical_volume": 18600495.0,
        "trend": 38.862376,
        "fair_value": 46.561396,
        "relative_strength": -4.470914,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.209044,
        "energy": 70.462717,
        "activity_lines": [
          35.774679,
          36.496322,
          37.838739,
          38.395894
        ]
      },
      {
        "date": "2024-08-09",
        "close": 35.65279,
        "volume": 10849700,
        "typical_volume": 18705495.0,
        "trend": 38.732215,
        "fair_value": 46.464734,
        "relative_strength": -3.300091,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.359586,
        "energy": 50.398768,
        "activity_lines": [
          35.789916,
          36.163896,
          37.543947,
          38.188824
        ]
      },
      {
        "date": "2024-08-16",
        "close": 36.338421,
        "volume": 13682900,
        "typical_volume": 19011135.0,
        "trend": 38.669356,
        "fair_value": 46.371095,
        "relative_strength": -1.982501,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.880766,
        "energy": 43.208289,
        "activity_lines": [
          36.003223,
          36.043391,
          37.336223,
          38.034385
        ]
      },
      {
        "date": "2024-08-23",
        "close": 38.623856,
        "volume": 18248800,
        "typical_volume": 19285825.0,
        "trend": 38.660454,
        "fair_value": 46.264663,
        "relative_strength": 0.134434,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.109462,
        "energy": 22.144479,
        "activity_lines": [
          36.871689,
          36.433993,
          37.366779,
          38.03145
        ]
      },
      {
        "date": "2024-08-30",
        "close": 38.166767,
        "volume": 14163500,
        "typical_volume": 19604595.0,
        "trend": 38.621501,
        "fair_value": 46.138834,
        "relative_strength": -1.39736,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.314248,
        "energy": 20.164558,
        "activity_lines": [
          37.420193,
          36.753954,
          37.361424,
          37.999599
        ]
      },
      {
        "date": "2024-09-06",
        "close": 40.680748,
        "volume": 32625100,
        "typical_volume": 20845610.0,
        "trend": 38.673755,
        "fair_value": 46.051075,
        "relative_strength": -0.031688,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 22.294912,
        "energy": 27.881185,
        "activity_lines": [
          38.684801,
          37.531002,
          37.608469,
          38.132454
        ]
      },
      {
        "date": "2024-09-13",
        "close": 41.366379,
        "volume": 25389200,
        "typical_volume": 20568625.0,
        "trend": 38.785901,
        "fair_value": 45.971828,
        "relative_strength": 1.731672,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 40.705858,
        "energy": 44.65133,
        "activity_lines": [
          39.842755,
          38.37038,
          37.919724,
          38.306171
        ]
      },
      {
        "date": "2024-09-20",
        "close": 43.194729,
        "volume": 14384000,
        "typical_volume": 19419325.0,
        "trend": 38.93677,
        "fair_value": 45.920768,
        "relative_strength": 4.027293,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 50.620201,
        "energy": 71.869919,
        "activity_lines": [
          41.229253,
          39.429992,
          38.394224,
          38.590612
        ]
      },
      {
        "date": "2024-09-27",
        "close": 43.88036,
        "volume": 26131700,
        "typical_volume": 18846120.0,
        "trend": 39.103085,
        "fair_value": 45.897429,
        "relative_strength": 5.529819,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 58.198248,
        "energy": 79.716443,
        "activity_lines": [
          42.387208,
          40.460516,
          38.916609,
          38.909553
        ]
      },
      {
        "date": "2024-10-04",
        "close": 43.651814,
        "volume": 21598600,
        "typical_volume": 18520120.0,
        "trend": 39.246967,
        "fair_value": 45.867137,
        "relative_strength": 5.227673,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 49.123162,
        "energy": 80.282231,
        "activity_lines": [
          43.118547,
          41.308204,
          39.397639,
          39.20302
        ]
      },
      {
        "date": "2024-10-11",
        "close": 44.108902,
        "volume": 12519800,
        "typical_volume": 18619820.0,
        "trend": 39.35423,
        "fair_value": 45.843891,
        "relative_strength": 4.354249,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 75.212151,
        "energy": 89.603937,
        "activity_lines": [
          43.636579,
          42.106029,
          39.9037,
          39.516693
        ]
      },
      {
        "date": "2024-10-18",
        "close": 44.337444,
        "volume": 13612900,
        "typical_volume": 18666985.0,
        "trend": 39.491334,
        "fair_value": 45.809761,
        "relative_strength": 3.447243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.466106,
        "energy": 87.687932,
        "activity_lines": [
          44.002248,
          42.79166,
          40.409761,
          39.838191
        ]
      },
      {
        "date": "2024-10-25",
        "close": 44.565987,
        "volume": 16391900,
        "typical_volume": 18565490.0,
        "trend": 39.621241,
        "fair_value": 45.778467,
        "relative_strength": 5.695285,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.56311,
        "energy": 82.415814,
        "activity_lines": [
          44.246027,
          43.360941,
          40.919086,
          40.165587
        ]
      },
      {
        "date": "2024-11-01",
        "close": 43.423271,
        "volume": 20659200,
        "typical_volume": 17445425.0,
        "trend": 39.727874,
        "fair_value": 45.738477,
        "relative_strength": 2.905867,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.524967,
        "energy": 59.58495,
        "activity_lines": [
          44.017484,
          43.572863,
          41.305434,
          40.41088
        ]
      },
      {
        "date": "2024-11-08",
        "close": 42.280552,
        "volume": 17923900,
        "typical_volume": 17220150.0,
        "trend": 39.774192,
        "fair_value": 45.692534,
        "relative_strength": 0.189031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.741232,
        "energy": 44.90974,
        "activity_lines": [
          43.438506,
          43.489756,
          41.563361,
          40.575569
        ]
      },
      {
        "date": "2024-11-15",
        "close": 42.509098,
        "volume": 18394700,
        "typical_volume": 17622215.0,
        "trend": 39.842755,
        "fair_value": 45.642567,
        "relative_strength": 2.22036,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.475326,
        "energy": 35.476179,
        "activity_lines": [
          43.027129,
          43.373407,
          41.823466,
          40.752014
        ]
      },
      {
        "date": "2024-11-22",
        "close": 43.194729,
        "volume": 15943200,
        "typical_volume": 16771155.0,
        "trend": 39.979881,
        "fair_value": 45.610716,
        "relative_strength": 3.596726,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.441796,
        "energy": 29.251388,
        "activity_lines": [
          42.950948,
          43.348475,
          42.123838,
          40.968271
        ]
      },
      {
        "date": "2024-11-29",
        "close": 42.73764,
        "volume": 16718900,
        "typical_volume": 16731610.0,
        "trend": 40.086535,
        "fair_value": 45.586913,
        "relative_strength": 3.836909,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.500493,
        "energy": 23.922765,
        "activity_lines": [
          42.798586,
          43.207193,
          42.342586,
          41.146191
        ]
      },
      {
        "date": "2024-12-06",
        "close": 43.88036,
        "volume": 10440600,
        "typical_volume": 16846500.0,
        "trend": 40.223661,
        "fair_value": 45.558086,
        "relative_strength": 4.788722,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.674137,
        "energy": 31.972691,
        "activity_lines": [
          43.14902,
          43.28199,
          42.632075,
          41.390953
        ]
      },
      {
        "date": "2024-12-13",
        "close": 44.565987,
        "volume": 8355600,
        "typical_volume": 16843990.0,
        "trend": 40.383641,
        "fair_value": 45.53091,
        "relative_strength": 7.821258,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.612428,
        "energy": 42.990637,
        "activity_lines": [
          43.697523,
          43.481446,
          42.949859,
          41.671104
        ]
      },
      {
        "date": "2024-12-20",
        "close": 42.966183,
        "volume": 10889200,
        "typical_volume": 16946170.0,
        "trend": 40.497913,
        "fair_value": 45.490733,
        "relative_strength": 8.827406,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.717159,
        "energy": 35.783794,
        "activity_lines": [
          43.560397,
          43.373407,
          43.076102,
          41.837719
        ]
      },
      {
        "date": "2024-12-27",
        "close": 45.251617,
        "volume": 17653000,
        "typical_volume": 17286335.0,
        "trend": 40.657893,
        "fair_value": 45.455602,
        "relative_strength": 11.271723,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.800612,
        "energy": 47.097658,
        "activity_lines": [
          44.154609,
          43.701678,
          43.38518,
          42.14441
        ]
      },
      {
        "date": "2025-01-03",
        "close": 45.708702,
        "volume": 9210600,
        "typical_volume": 17062720.0,
        "trend": 40.795019,
        "fair_value": 45.417912,
        "relative_strength": 13.35254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.491495,
        "energy": 61.258676,
        "activity_lines": [
          44.764057,
          44.096434,
          43.692081,
          42.470268
        ]
      },
      {
        "date": "2025-01-10",
        "close": 46.165791,
        "volume": 15179400,
        "typical_volume": 16909250.0,
        "trend": 41.023563,
        "fair_value": 45.379036,
        "relative_strength": 15.450216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.906775,
        "energy": 66.618302,
        "activity_lines": [
          45.327798,
          44.553521,
          43.997894,
          42.81677
        ]
      },
      {
        "date": "2025-01-17",
        "close": 46.165791,
        "volume": 24611700,
        "typical_volume": 17431660.0,
        "trend": 41.290197,
        "fair_value": 45.347021,
        "relative_strength": 17.282642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.976692,
        "energy": 71.424342,
        "activity_lines": [
          45.739176,
          44.960744,
          44.267793,
          43.148526
        ]
      },
      {
        "date": "2025-01-24",
        "close": 47.079964,
        "volume": 32071500,
        "typical_volume": 17403980.0,
        "trend": 41.617776,
        "fair_value": 45.32361,
        "relative_strength": 17.927966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.542776,
        "energy": 74.616519,
        "activity_lines": [
          46.348625,
          45.463539,
          44.586665,
          43.52206
        ]
      },
      {
        "date": "2025-01-31",
        "close": 46.394333,
        "volume": 13645200,
        "typical_volume": 16816780.0,
        "trend": 41.991064,
        "fair_value": 45.258755,
        "relative_strength": 19.174451,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.584375,
        "energy": 60.649831,
        "activity_lines": [
          46.455279,
          45.758568,
          44.809767,
          43.830225
        ]
      },
      {
        "date": "2025-02-07",
        "close": 47.30851,
        "volume": 16093700,
        "typical_volume": 16902265.0,
        "trend": 42.41006,
        "fair_value": 45.195644,
        "relative_strength": 23.892582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.061972,
        "energy": 55.879502,
        "activity_lines": [
          46.790476,
          46.161636,
          45.09599,
          44.173286
        ]
      },
      {
        "date": "2025-02-14",
        "close": 47.079964,
        "volume": 17933500,
        "typical_volume": 16492355.0,
        "trend": 42.77573,
        "fair_value": 45.133812,
        "relative_strength": 23.497077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.122749,
        "energy": 50.531521,
        "activity_lines": [
          46.942839,
          46.440043,
          45.340858,
          44.47457
        ]
      },
      {
        "date": "2025-02-21",
        "close": 46.394333,
        "volume": 36411000,
        "typical_volume": 17232975.0,
        "trend": 43.110927,
        "fair_value": 45.081307,
        "relative_strength": 23.468534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.571085,
        "energy": 43.191545,
        "activity_lines": [
          46.805712,
          46.535615,
          45.505192,
          44.708028
        ]
      },
      {
        "date": "2025-02-28",
        "close": 45.251617,
        "volume": 46858700,
        "typical_volume": 18949920.0,
        "trend": 43.430888,
        "fair_value": 45.032454,
        "relative_strength": 23.954859,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.985535,
        "energy": 30.791914,
        "activity_lines": [
          46.272444,
          46.390179,
          45.547635,
          44.846137
        ]
      },
      {
        "date": "2025-03-07",
        "close": 43.88036,
        "volume": 21169900,
        "typical_volume": 19327770.0,
        "trend": 43.70514,
        "fair_value": 44.976183,
        "relative_strength": 19.750068,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.326158,
        "energy": 13.965519,
        "activity_lines": [
          45.40398,
          45.953869,
          45.454042,
          44.875135
        ]
      },
      {
        "date": "2025-03-14",
        "close": 42.73764,
        "volume": 25750200,
        "typical_volume": 19795685.0,
        "trend": 43.918448,
        "fair_value": 44.905726,
        "relative_strength": 18.922337,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.667489,
        "energy": 17.666613,
        "activity_lines": [
          44.322208,
          45.334724,
          45.253794,
          44.812716
        ]
      },
      {
        "date": "2025-03-21",
        "close": 42.280552,
        "volume": 19980700,
        "typical_volume": 19761760.0,
        "trend": 44.040337,
        "fair_value": 44.844689,
        "relative_strength": 15.902808,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.989425,
        "energy": 37.094053,
        "activity_lines": [
          43.392798,
          44.686492,
          45.018721,
          44.707045
        ]
      },
      {
        "date": "2025-03-28",
        "close": 41.823467,
        "volume": 17470600,
        "typical_volume": 19739095.0,
        "trend": 44.162227,
        "fair_value": 44.776605,
        "relative_strength": 15.300766,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.222494,
        "energy": 57.419572,
        "activity_lines": [
          42.630987,
          44.025794,
          44.745557,
          44.564021
        ]
      },
      {
        "date": "2025-04-04",
        "close": 42.73764,
        "volume": 15026100,
        "typical_volume": 19570665.0,
        "trend": 44.230791,
        "fair_value": 44.718498,
        "relative_strength": 22.41488,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.321805,
        "energy": 54.465322,
        "activity_lines": [
          42.478624,
          43.61026,
          44.561634,
          44.472112
        ]
      },
      {
        "date": "2025-04-11",
        "close": 42.509098,
        "volume": 15710700,
        "typical_volume": 19559040.0,
        "trend": 44.268881,
        "fair_value": 44.667159,
        "relative_strength": 20.760856,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.269008,
        "energy": 49.025402,
        "activity_lines": [
          42.41768,
          43.232125,
          44.354857,
          44.361036
        ]
      },
      {
        "date": "2025-04-18",
        "close": 43.5438,
        "volume": 11784400,
        "typical_volume": 19312315.0,
        "trend": 44.280517,
        "fair_value": 44.61966,
        "relative_strength": 20.748802,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.179759,
        "energy": 26.172744,
        "activity_lines": [
          42.793053,
          43.112758,
          44.249887,
          44.314256
        ]
      },
      {
        "date": "2025-04-25",
        "close": 43.30843,
        "volume": 12277000,
        "typical_volume": 19404135.0,
        "trend": 44.261453,
        "fair_value": 44.574841,
        "relative_strength": 18.633587,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -40.146475,
        "energy": 23.857973,
        "activity_lines": [
          43.036226,
          43.019046,
          44.118663,
          44.251541
        ]
      },
      {
        "date": "2025-05-02",
        "close": 43.073059,
        "volume": 18626000,
        "typical_volume": 19917655.0,
        "trend": 44.242161,
        "fair_value": 44.529909,
        "relative_strength": 13.564771,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.151551,
        "energy": 20.740165,
        "activity_lines": [
          43.132417,
          42.951112,
          43.967746,
          44.17487
        ]
      },
      {
        "date": "2025-05-09",
        "close": 43.073059,
        "volume": 16819800,
        "typical_volume": 20214185.0,
        "trend": 44.207633,
        "fair_value": 44.48358,
        "relative_strength": 11.994911,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -34.566333,
        "energy": 18.030365,
        "activity_lines": [
          43.145301,
          42.943566,
          43.823938,
          44.099444
        ]
      },
      {
        "date": "2025-05-16",
        "close": 38.130249,
        "volume": 40989500,
        "typical_volume": 21381010.0,
        "trend": 44.000726,
        "fair_value": 44.397192,
        "relative_strength": 0.211052,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -76.145366,
        "energy": 53.479831,
        "activity_lines": [
          41.488221,
          42.076936,
          43.208877,
          43.707355
        ]
      },
      {
        "date": "2025-05-23",
        "close": 38.36562,
        "volume": 28220700,
        "typical_volume": 22331515.0,
        "trend": 43.794047,
        "fair_value": 44.302542,
        "relative_strength": 2.268531,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.194187,
        "energy": 70.566409,
        "activity_lines": [
          40.201521,
          41.357649,
          42.650144,
          43.3438
        ]
      },
      {
        "date": "2025-05-30",
        "close": 36.247272,
        "volume": 154718800,
        "typical_volume": 29308485.0,
        "trend": 43.554847,
        "fair_value": 44.190126,
        "relative_strength": -1.181172,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.103145,
        "energy": 82.126135,
        "activity_lines": [
          38.553918,
          40.332699,
          41.924631,
          42.856911
        ]
      },
      {
        "date": "2025-06-06",
        "close": 35.541157,
        "volume": 43155300,
        "typical_volume": 30235665.0,
        "trend": 43.330201,
        "fair_value": 44.075975,
        "relative_strength": -2.022924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.368706,
        "energy": 86.66006,
        "activity_lines": [
          37.141686,
          39.28906,
          41.179099,
          42.339899
        ]
      },
      {
        "date": "2025-06-13",
        "close": 34.364296,
        "volume": 47745300,
        "typical_volume": 31019355.0,
        "trend": 43.058707,
        "fair_value": 43.975217,
        "relative_strength": -4.138832,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.619058,
        "energy": 88.103848,
        "activity_lines": [
          35.839294,
          38.145671,
          40.372079,
          41.761453
        ]
      },
      {
        "date": "2025-06-20",
        "close": 32.716694,
        "volume": 63767800,
        "typical_volume": 33525485.0,
        "trend": 42.70944,
        "fair_value": 43.85971,
        "relative_strength": -4.109864,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.586738,
        "energy": 90.932061,
        "activity_lines": [
          34.568286,
          36.85496,
          39.468695,
          41.094227
        ]
      },
      {
        "date": "2025-06-27",
        "close": 22.972298,
        "volume": 1457086400,
        "typical_volume": 105575120.0,
        "trend": 42.050595,
        "fair_value": 43.690114,
        "relative_strength": -33.292419,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -96.748634,
        "energy": 96.798168,
        "activity_lines": [
          30.410049,
          33.970584,
          37.702406,
          39.820863
        ]
      },
      {
        "date": "2025-07-04",
        "close": 23.443041,
        "volume": 819010900,
        "typical_volume": 145628990.0,
        "trend": 41.369351,
        "fair_value": 43.529119,
        "relative_strength": -33.970846,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.614317,
        "energy": 95.75218,
        "activity_lines": [
          27.434949,
          31.545826,
          36.096835,
          38.620375
        ]
      },
      {
        "date": "2025-07-11",
        "close": 24.478678,
        "volume": 263750500,
        "typical_volume": 156995965.0,
        "trend": 40.699774,
        "fair_value": 43.383137,
        "relative_strength": -30.949254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -77.640094,
        "energy": 91.644231,
        "activity_lines": [
          25.658675,
          29.670554,
          34.702454,
          37.530655
        ]
      },
      {
        "date": "2025-07-18",
        "close": 26.126282,
        "volume": 360871400,
        "typical_volume": 172696600.0,
        "trend": 40.138444,
        "fair_value": 43.237947,
        "relative_strength": -31.280097,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.409773,
        "energy": 88.042424,
        "activity_lines": [
          25.169102,
          28.432926,
          33.569347,
          36.590429
        ]
      },
      {
        "date": "2025-07-25",
        "close": 26.126282,
        "volume": 264694800,
        "typical_volume": 184872845.0,
        "trend": 39.500933,
        "fair_value": 43.085777,
        "relative_strength": -31.612538,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.642206,
        "energy": 82.649956,
        "activity_lines": [
          25.22873,
          27.503421,
          32.527314,
          35.686419
        ]
      },
      {
        "date": "2025-08-01",
        "close": 26.126282,
        "volume": 124824500,
        "typical_volume": 189826560.0,
        "trend": 38.848185,
        "fair_value": 42.926628,
        "relative_strength": -31.43901,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.15083,
        "energy": 63.93166,
        "activity_lines": [
          25.727719,
          26.79217,
          31.569823,
          34.823538
        ]
      },
      {
        "date": "2025-08-08",
        "close": 27.773884,
        "volume": 263797200,
        "typical_volume": 202017385.0,
        "trend": 38.235122,
        "fair_value": 42.775249,
        "relative_strength": -29.237527,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.308314,
        "energy": 56.576442,
        "activity_lines": [
          26.565642,
          26.603016,
          30.848349,
          34.109067
        ]
      },
      {
        "date": "2025-08-15",
        "close": 27.303141,
        "volume": 106877200,
        "typical_volume": 206487715.0,
        "trend": 37.606367,
        "fair_value": 42.618061,
        "relative_strength": -30.188821,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.791356,
        "energy": 50.859253,
        "activity_lines": [
          26.957929,
          26.482335,
          30.151122,
          33.403778
        ]
      },
      {
        "date": "2025-08-22",
        "close": 26.126282,
        "volume": 105228000,
        "typical_volume": 210997810.0,
        "trend": 36.907911,
        "fair_value": 42.453329,
        "relative_strength": -32.556492,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.38042,
        "energy": 48.842857,
        "activity_lines": [
          26.769631,
          26.297461,
          29.410957,
          32.663127
        ]
      },
      {
        "date": "2025-08-29",
        "close": 25.655537,
        "volume": 134608800,
        "typical_volume": 216942715.0,
        "trend": 36.216617,
        "fair_value": 42.28837,
        "relative_strength": -32.565188,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.940112,
        "energy": 50.444443,
        "activity_lines": [
          26.424419,
          26.176779,
          28.705061,
          31.937168
        ]
      },
      {
        "date": "2025-09-05",
        "close": 27.773884,
        "volume": 162783500,
        "typical_volume": 224492670.0,
        "trend": 35.565463,
        "fair_value": 42.128616,
        "relative_strength": -28.331474,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.183721,
        "energy": 44.478322,
        "activity_lines": [
          26.816705,
          26.569636,
          28.281167,
          31.392475
        ]
      },
      {
        "date": "2025-09-12",
        "close": 27.773884,
        "volume": 88648600,
        "typical_volume": 228311250.0,
        "trend": 34.921927,
        "fair_value": 41.970258,
        "relative_strength": -29.593556,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.433912,
        "energy": 40.33717,
        "activity_lines": [
          27.099151,
          26.875192,
          27.932368,
          30.889793
        ]
      },
      {
        "date": "2025-09-19",
        "close": 28.715372,
        "volume": 208882000,
        "typical_volume": 237824050.0,
        "trend": 34.332629,
        "fair_value": 41.82631,
        "relative_strength": -26.808112,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.447717,
        "energy": 30.456806,
        "activity_lines": [
          27.695427,
          27.273184,
          27.747209,
          30.48937
        ]
      },
      {
        "date": "2025-09-26",
        "close": 28.244629,
        "volume": 82115600,
        "typical_volume": 241088840.0,
        "trend": 33.765729,
        "fair_value": 41.686324,
        "relative_strength": -26.842121,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.447163,
        "energy": 25.649694,
        "activity_lines": [
          28.040639,
          27.508556,
          27.585587,
          30.096596
        ]
      },
      {
        "date": "2025-10-03",
        "close": 29.186115,
        "volume": 100715300,
        "typical_volume": 244075130.0,
        "trend": 33.275921,
        "fair_value": 41.55656,
        "relative_strength": -24.905988,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.383105,
        "energy": 21.755719,
        "activity_lines": [
          28.558457,
          27.876592,
          27.584242,
          29.801137
        ]
      },
      {
        "date": "2025-10-10",
        "close": 29.186115,
        "volume": 69577200,
        "typical_volume": 246142955.0,
        "trend": 32.824203,
        "fair_value": 41.435171,
        "relative_strength": -24.163522,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.826717,
        "energy": 21.203395,
        "activity_lines": [
          28.840903,
          28.188995,
          27.625488,
          29.537278
        ]
      },
      {
        "date": "2025-10-17",
        "close": 28.244629,
        "volume": 57309600,
        "typical_volume": 241272495.0,
        "trend": 32.356339,
        "fair_value": 41.300768,
        "relative_strength": -25.533618,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.813131,
        "energy": 17.533263,
        "activity_lines": [
          28.715372,
          28.274585,
          27.620781,
          29.241822
        ]
      },
      {
        "date": "2025-10-24",
        "close": 28.009256,
        "volume": 62875400,
        "typical_volume": 242258500.0,
        "trend": 31.895865,
        "fair_value": 41.160668,
        "relative_strength": -27.937502,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.535106,
        "energy": 13.926782,
        "activity_lines": [
          28.48,
          28.30882,
          27.631765,
          28.961365
        ]
      },
      {
        "date": "2025-10-31",
        "close": 26.832397,
        "volume": 88737200,
        "typical_volume": 244308095.0,
        "trend": 31.365691,
        "fair_value": 41.006046,
        "relative_strength": -30.317601,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -43.273775,
        "energy": 28.14073,
        "activity_lines": [
          27.899416,
          28.116243,
          27.566533,
          28.63469
        ]
      },
      {
        "date": "2025-11-07",
        "close": 26.597025,
        "volume": 50165600,
        "typical_volume": 243627985.0,
        "trend": 30.835288,
        "fair_value": 40.845727,
        "relative_strength": -30.193599,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.737049,
        "energy": 36.97038,
        "activity_lines": [
          27.334524,
          27.868033,
          27.514751,
          28.327034
        ]
      },
      {
        "date": "2025-11-14",
        "close": 25.420166,
        "volume": 59182400,
        "typical_volume": 173732785.0,
        "trend": 30.231167,
        "fair_value": 40.682052,
        "relative_strength": -31.08583,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.871573,
        "energy": 46.785982,
        "activity_lines": [
          26.549951,
          27.38873,
          27.380029,
          27.977671
        ]
      },
      {
        "date": "2025-11-21",
        "close": 25.420166,
        "volume": 45734200,
        "typical_volume": 135068950.0,
        "trend": 29.634892,
        "fair_value": 40.515585,
        "relative_strength": -29.823613,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.207734,
        "energy": 59.063595,
        "activity_lines": [
          26.016441,
          26.952223,
          27.23365,
          27.667284
        ]
      },
      {
        "date": "2025-11-28",
        "close": 25.655537,
        "volume": 62013500,
        "typical_volume": 124982100.0,
        "trend": 29.054308,
        "fair_value": 40.350626,
        "relative_strength": -28.851686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.020629,
        "energy": 63.558386,
        "activity_lines": [
          25.749686,
          26.601305,
          27.100273,
          27.410551
        ]
      },
      {
        "date": "2025-12-05",
        "close": 26.361652,
        "volume": 22328300,
        "typical_volume": 108054945.0,
        "trend": 28.497261,
        "fair_value": 40.187403,
        "relative_strength": -27.410343,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.096076,
        "energy": 58.683973,
        "activity_lines": [
          25.875218,
          26.434404,
          27.02854,
          27.236832
        ]
      },
      {
        "date": "2025-12-12",
        "close": 26.361652,
        "volume": 32876200,
        "typical_volume": 96464015.0,
        "trend": 28.104974,
        "fair_value": 40.019992,
        "relative_strength": -25.765662,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.959372,
        "energy": 40.107963,
        "activity_lines": [
          26.032132,
          26.30174,
          26.955687,
          27.09905
        ]
      },
      {
        "date": "2025-12-19",
        "close": 25.184793,
        "volume": 87965800,
        "typical_volume": 94621080.0,
        "trend": 27.665613,
        "fair_value": 39.852016,
        "relative_strength": -28.419126,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.354337,
        "energy": 42.455625,
        "activity_lines": [
          25.812451,
          26.006455,
          26.769631,
          26.910652
        ]
      },
      {
        "date": "2025-12-26",
        "close": 25.184793,
        "volume": 52948700,
        "typical_volume": 84078655.0,
        "trend": 27.296864,
        "fair_value": 39.68404,
        "relative_strength": -28.216683,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.337326,
        "energy": 41.074235,
        "activity_lines": [
          25.608462,
          25.783922,
          26.588058,
          26.750599
        ]
      },
      {
        "date": "2026-01-02",
        "close": 24.71405,
        "volume": 14086100,
        "typical_volume": 79439100.0,
        "trend": 26.93596,
        "fair_value": 39.514443,
        "relative_strength": -28.925079,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.21304,
        "energy": 51.583706,
        "activity_lines": [
          25.26325,
          25.531432,
          26.373982,
          26.583965
        ]
      },
      {
        "date": "2026-01-09",
        "close": 24.478678,
        "volume": 63079100,
        "typical_volume": 77331655.0,
        "trend": 26.60644,
        "fair_value": 39.341941,
        "relative_strength": -28.580822,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -68.666141,
        "energy": 65.550037,
        "activity_lines": [
          24.902347,
          25.29606,
          26.149818,
          26.425431
        ]
      },
      {
        "date": "2026-01-16",
        "close": 25.655537,
        "volume": 109073300,
        "typical_volume": 76054880.0,
        "trend": 26.371068,
        "fair_value": 39.186753,
        "relative_strength": -25.66019,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.587455,
        "energy": 45.618299,
        "activity_lines": [
          25.059262,
          25.317457,
          26.045582,
          26.364083
        ]
      },
      {
        "date": "2026-01-23",
        "close": 25.655537,
        "volume": 80872800,
        "typical_volume": 71959345.0,
        "trend": 26.460509,
        "fair_value": 39.032962,
        "relative_strength": -27.063462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.516842,
        "energy": 34.749385,
        "activity_lines": [
          25.263251,
          25.355973,
          25.941346,
          26.317919
        ]
      },
      {
        "date": "2026-01-30",
        "close": 27.067768,
        "volume": 80880300,
        "typical_volume": 71570930.0,
        "trend": 26.581333,
        "fair_value": 38.87566,
        "relative_strength": -22.876096,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.561452,
        "energy": 13.081032,
        "activity_lines": [
          25.9066,
          25.646978,
          25.981695,
          26.357097
        ]
      },
      {
        "date": "2026-02-06",
        "close": 27.067768,
        "volume": 57352300,
        "typical_volume": 63994445.0,
        "trend": 26.667636,
        "fair_value": 38.729526,
        "relative_strength": -23.554288,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -11.979788,
        "energy": 17.566811,
        "activity_lines": [
          26.424418,
          25.908027,
          26.025407,
          26.38848
        ]
      },
      {
        "date": "2026-02-13",
        "close": 28.715372,
        "volume": 107172900,
        "typical_volume": 65247310.0,
        "trend": 26.753939,
        "fair_value": 38.589765,
        "relative_strength": -22.264576,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 37.14866,
        "energy": 36.990105,
        "activity_lines": [
          27.334523,
          26.442963,
          26.233879,
          26.520592
        ]
      },
      {
        "date": "2026-02-20",
        "close": 31.539835,
        "volume": 180049200,
        "typical_volume": 69214005.0,
        "trend": 26.934391,
        "fair_value": 38.463923,
        "relative_strength": -16.473339,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 53.802418,
        "energy": 71.272665,
        "activity_lines": [
          28.903669,
          27.448643,
          26.709107,
          26.82936
        ]
      },
      {
        "date": "2026-02-27",
        "close": 31.304462,
        "volume": 114499900,
        "typical_volume": 71460140.0,
        "trend": 27.106997,
        "fair_value": 38.347738,
        "relative_strength": -18.681881,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 84.039476,
        "energy": 88.336049,
        "activity_lines": [
          30.002071,
          28.317379,
          27.150709,
          27.1113
        ]
      },
      {
        "date": "2026-03-06",
        "close": 27.773884,
        "volume": 136745600,
        "typical_volume": 75431940.0,
        "trend": 27.106997,
        "fair_value": 38.215901,
        "relative_strength": -20.805993,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.551444,
        "energy": 74.005031,
        "activity_lines": [
          29.547019,
          28.432925,
          27.245979,
          27.154325
        ]
      },
      {
        "date": "2026-03-13",
        "close": 27.538513,
        "volume": 133295300,
        "typical_volume": 78952935.0,
        "trend": 27.114843,
        "fair_value": 38.092325,
        "relative_strength": -20.381474,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.592334,
        "energy": 48.777998,
        "activity_lines": [
          28.966435,
          28.458602,
          27.321073,
          27.182164
        ]
      },
      {
        "date": "2026-03-20",
        "close": 27.303141,
        "volume": 96952500,
        "typical_volume": 79363700.0,
        "trend": 27.154072,
        "fair_value": 37.96445,
        "relative_strength": -21.342416,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.487991,
        "energy": 24.602384,
        "activity_lines": [
          28.276011,
          28.390131,
          27.375994,
          27.194313
        ]
      },
      {
        "date": "2026-03-27",
        "close": 27.303141,
        "volume": 83744500,
        "typical_volume": 81042645.0,
        "trend": 27.208992,
        "fair_value": 37.836574,
        "relative_strength": -21.059276,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": 4.700978,
        "energy": 13.252704,
        "activity_lines": [
          27.679736,
          28.270305,
          27.428672,
          27.20393
        ]
      },
      {
        "date": "2026-04-03",
        "close": 28.48,
        "volume": 82434400,
        "typical_volume": 82205245.0,
        "trend": 27.232529,
        "fair_value": 37.710659,
        "relative_strength": -16.819185,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.79414,
        "energy": 20.894721,
        "activity_lines": [
          27.758193,
          28.334497,
          27.59007,
          27.28593
        ]
      },
      {
        "date": "2026-04-10",
        "close": 29.0,
        "volume": 79267000,
        "typical_volume": 83881885.0,
        "trend": 27.273399,
        "fair_value": 37.581098,
        "relative_strength": -17.022495,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 41.197482,
        "energy": 18.941041,
        "activity_lines": [
          28.198281,
          28.441881,
          27.786421,
          27.399961
        ]
      },
      {
        "date": "2026-04-17",
        "close": 29.25,
        "volume": 34422500,
        "typical_volume": 82502335.0,
        "trend": 27.29122,
        "fair_value": 37.459465,
        "relative_strength": -13.633938,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 56.402036,
        "energy": 29.867341,
        "activity_lines": [
          28.639962,
          28.559588,
          27.989535,
          27.527483
        ]
      },
      {
        "date": "2026-04-24",
        "close": 29.25,
        "volume": 74758700,
        "typical_volume": 85123855.0,
        "trend": 27.324733,
        "fair_value": 37.34638,
        "relative_strength": -10.773223,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 56.333381,
        "energy": 40.043711,
        "activity_lines": [
          28.967543,
          28.637618,
          28.175532,
          27.653856
        ]
      },
      {
        "date": "2026-05-01",
        "close": 29.25,
        "volume": 36395700,
        "typical_volume": 85299830.0,
        "trend": 27.326862,
        "fair_value": 37.23187,
        "relative_strength": -11.787277,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.902735,
        "energy": 44.681118,
        "activity_lines": [
          29.165333,
          28.705928,
          28.347775,
          27.778067
        ]
      },
      {
        "date": "2026-05-08",
        "close": 29.75,
        "volume": 52130500,
        "typical_volume": 83508065.0,
        "trend": 27.345658,
        "fair_value": 37.104894,
        "relative_strength": -9.443351,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.645393,
        "energy": 48.308111,
        "activity_lines": [
          29.4,
          28.90678,
          28.553884,
          27.934399
        ]
      },
      {
        "date": "2026-05-15",
        "close": 29.25,
        "volume": 50265300,
        "typical_volume": 83373895.0,
        "trend": 27.379171,
        "fair_value": 36.971865,
        "relative_strength": -11.010855,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.371876,
        "energy": 41.022304,
        "activity_lines": [
          29.383333,
          29.044986,
          28.690634,
          28.057259
        ]
      },
      {
        "date": "2026-05-22",
        "close": 29.0,
        "volume": 66930500,
        "typical_volume": 86016115.0,
        "trend": 27.412196,
        "fair_value": 36.855753,
        "relative_strength": -11.882221,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.202619,
        "energy": 33.068905,
        "activity_lines": [
          29.266667,
          29.110899,
          28.784216,
          28.161829
        ]
      },
      {
        "date": "2026-05-29",
        "close": 30.0,
        "volume": 56119400,
        "typical_volume": 85668130.0,
        "trend": 27.517782,
        "fair_value": 36.757447,
        "relative_strength": -9.560478,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.593181,
        "energy": 37.721991,
        "activity_lines": [
          29.5,
          29.332057,
          28.952627,
          28.328784
        ]
      },
      {
        "date": "2026-06-05",
        "close": 30.5,
        "volume": 34879500,
        "typical_volume": 81958440.0,
        "trend": 27.647881,
        "fair_value": 36.65095,
        "relative_strength": -7.874523,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.813774,
        "energy": 54.128343,
        "activity_lines": [
          29.85,
          29.595091,
          29.142366,
          28.521185
        ]
      },
      {
        "date": "2026-06-12",
        "close": 30.25,
        "volume": 9272000,
        "typical_volume": 78378400.0,
        "trend": 27.808876,
        "fair_value": 36.55852,
        "relative_strength": -8.212717,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.100119,
        "energy": 60.768678,
        "activity_lines": [
          30.033333,
          29.754545,
          29.285226,
          28.689064
        ]
      },
      {
        "date": "2026-06-19",
        "close": 32.0,
        "volume": 9044300,
        "typical_volume": 74786600.0,
        "trend": 28.028204,
        "fair_value": 36.475884,
        "relative_strength": -0.723684,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.760574,
        "energy": 80.192911,
        "activity_lines": [
          30.766667,
          30.2,
          29.572874,
          28.959459
        ]
      },
      {
        "date": "2026-06-26",
        "close": 32.5,
        "volume": 6225300,
        "typical_volume": 72230250.0,
        "trend": 28.256353,
        "fair_value": 36.402152,
        "relative_strength": 2.813748,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.236218,
        "energy": 87.745646,
        "activity_lines": [
          31.483333,
          30.681818,
          29.884654,
          29.247962
        ]
      },
      {
        "date": "2026-07-03",
        "close": 35.25,
        "volume": 57584000,
        "typical_volume": 69750805.0,
        "trend": 28.552631,
        "fair_value": 36.365991,
        "relative_strength": 6.647648,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.458522,
        "energy": 97.46522,
        "activity_lines": [
          32.883333,
          31.604545,
          30.432471,
          29.699165
        ]
      },
      {
        "date": "2026-07-10",
        "close": 37.0,
        "volume": 202934800,
        "typical_volume": 70895085.0,
        "trend": 28.907242,
        "fair_value": 36.339625,
        "relative_strength": 11.130742,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.851514,
        "energy": 98.522153,
        "activity_lines": [
          34.516667,
          32.736364,
          31.115838,
          30.244157
        ]
      },
      {
        "date": "2026-07-17",
        "close": 39.0,
        "volume": 109585800,
        "typical_volume": 70649380.0,
        "trend": 29.367749,
        "fair_value": 36.327503,
        "relative_strength": 15.655897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 96.666713,
        "energy": 98.662717,
        "activity_lines": [
          36.383333,
          34.090909,
          31.96368,
          30.895302
        ]
      },
      {
        "date": "2026-07-24",
        "close": 39.0,
        "volume": 173362400,
        "typical_volume": 72480220.0,
        "trend": 29.828256,
        "fair_value": 36.306833,
        "relative_strength": 15.084697,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.342346,
        "energy": 95.428839,
        "activity_lines": [
          37.666667,
          35.277273,
          32.774877,
          31.516738
        ]
      },
      {
        "date": "2026-07-31",
        "close": 38.25,
        "volume": 105748400,
        "typical_volume": 71102875.0,
        "trend": 30.279455,
        "fair_value": 36.291328,
        "relative_strength": 13.923842,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.114622,
        "energy": 89.017564,
        "activity_lines": [
          38.233333,
          36.15,
          33.461188,
          32.060076
        ]
      },
      {
        "date": "2026-08-07",
        "close": 39.0,
        "volume": 73850800,
        "typical_volume": 69947790.0,
        "trend": 30.763499,
        "fair_value": 36.272084,
        "relative_strength": 16.716065,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.519454,
        "energy": 84.204144,
        "activity_lines": [
          38.666667,
          36.990909,
          34.16792,
          32.622692
        ]
      }
    ],
    "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."
    }
  }
}