{
  "ticker": {
    "uuid": "fba554fd-54e1-4fd0-9e15-6949ebb93af1",
    "symbol": "LAMBODHARA",
    "name": "Lambodhara Textiles Limited",
    "exchange": "NSI",
    "country": "IN",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^NSEI",
    "stage": 1,
    "stage_name": "Basing",
    "phase": "1b",
    "phase_label": "Stage 1B \u00b7 Basing",
    "transition": "stage_1_building",
    "transition_label": "Base still building",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 56.348,
    "architecture_energy": 36.466,
    "architecture_maturity": 10.005,
    "architecture_confidence": 84.388,
    "architecture_tenure": "New",
    "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": 27.28,
        "rotation_up": 52.79,
        "upward_expansion": 77.83,
        "deceleration": 55.08,
        "rotation_down": 18.52,
        "downward_expansion": 4.5
      },
      "activity_lines": [
        114.087333,
        113.341091,
        110.459238,
        108.379548
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Stable",
      "price_acceptance": 0.666667
    },
    "latest_close": 115.120003,
    "trend_reference": 107.081999,
    "distance_from_trend": 0.075064,
    "trend_direction": "Weakening",
    "fair_value": 142.287694,
    "distance_from_fair_value": -0.190935,
    "fair_value_direction": "Improving",
    "relative_strength": -0.56017,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.001994,
    "excess_performance": 0.041715,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.075064,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.04366,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.190935,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.0434,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.005602,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.051075,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.001994,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.729119,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 52459,
      "relative_activity": 0.868846,
      "balance": 2.729119,
      "dry_up": 1.100396,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.078126,
      "annualized_volatility": 0.362435,
      "from_high_reference": -0.289383,
      "from_low_reference": 0.407335
    },
    "levels": {
      "trend_reference": 107.081999,
      "fair_value_reference": 142.287694,
      "structural_low": 81.800003,
      "invalidation": "A renewed decline below the structural range low, widening the discount to current Fair Value while Trend falls, weakens the base diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 18,
        "median_return": -0.054984,
        "positive_rate": 0.222222,
        "directional_follow_through": 0.222222,
        "median_excess_return": -0.079799,
        "regime_survival": 0.555556,
        "best_return": 0.548057,
        "worst_return": -0.272833,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": -0.143025,
        "positive_rate": 0.222222,
        "directional_follow_through": 0.222222,
        "median_excess_return": -0.162274,
        "regime_survival": 0.222222,
        "best_return": 0.586743,
        "worst_return": -0.254019,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 6,
        "median_return": 0.0014,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.120185,
        "regime_survival": 0.166667,
        "best_return": 0.726049,
        "worst_return": -0.377734,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.1368,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.218399,
        "regime_survival": 0.0,
        "best_return": 0.818109,
        "worst_return": -0.247883,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-02",
        "end": "2024-08-16",
        "tenure": "New",
        "return": -0.069472,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-23",
        "end": "2024-09-20",
        "tenure": "Developing",
        "return": -0.066503,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-09-27",
        "end": "2024-10-25",
        "tenure": "Developing",
        "return": -0.169436,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-01",
        "end": "2024-12-20",
        "tenure": "Developing",
        "return": 0.173345,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-27",
        "end": "2025-01-10",
        "tenure": "New",
        "return": -0.106845,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-17",
        "end": "2025-01-31",
        "tenure": "New",
        "return": -0.056277,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-07",
        "end": "2025-05-09",
        "tenure": "Established",
        "return": -0.105213,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-16",
        "end": "2025-08-22",
        "tenure": "Established",
        "return": -0.104853,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-08-29",
        "end": "2025-09-12",
        "tenure": "New",
        "return": 0.235975,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-09-19",
        "end": "2025-12-19",
        "tenure": "Established",
        "return": -0.101872,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-12-26",
        "end": "2026-05-08",
        "tenure": "Established",
        "return": -0.088216,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-15",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": 0.081249,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-03",
        "end": "2026-07-24",
        "tenure": "New",
        "return": -0.008741,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.009825,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 147.583923,
        "volume": 65227,
        "typical_volume": 597072.05,
        "trend": 165.255719,
        "fair_value": 93.475762,
        "relative_strength": -0.640244,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -60.501941,
        "energy": 48.792814,
        "activity_lines": [
          144.62433,
          147.37876,
          161.64095,
          164.918858
        ]
      },
      {
        "date": "2023-08-25",
        "close": 144.416458,
        "volume": 36812,
        "typical_volume": 580773.45,
        "trend": 164.498498,
        "fair_value": 94.199563,
        "relative_strength": -3.102108,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.235865,
        "energy": 49.910173,
        "activity_lines": [
          144.251491,
          146.26025,
          158.98113,
          163.574389
        ]
      },
      {
        "date": "2023-09-01",
        "close": 146.049683,
        "volume": 65803,
        "typical_volume": 497141.1,
        "trend": 164.571085,
        "fair_value": 94.955665,
        "relative_strength": -3.415862,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.11171,
        "energy": 45.428186,
        "activity_lines": [
          144.884982,
          145.860717,
          156.52729,
          162.384143
        ]
      },
      {
        "date": "2023-09-08",
        "close": 150.305969,
        "volume": 52871,
        "typical_volume": 410089.65,
        "trend": 164.896081,
        "fair_value": 95.73329,
        "relative_strength": -2.8717,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.965716,
        "energy": 31.884802,
        "activity_lines": [
          146.953733,
          146.38083,
          154.568838,
          161.463813
        ]
      },
      {
        "date": "2023-09-15",
        "close": 171.268448,
        "volume": 822438,
        "typical_volume": 297149.15,
        "trend": 165.433158,
        "fair_value": 96.646451,
        "relative_strength": 7.980412,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -17.582108,
        "energy": 15.197451,
        "activity_lines": [
          155.475467,
          150.800488,
          154.871003,
          161.874934
        ]
      },
      {
        "date": "2023-09-22",
        "close": 161.974411,
        "volume": 147578,
        "typical_volume": 270865.9,
        "trend": 165.967281,
        "fair_value": 97.508361,
        "relative_strength": 4.173779,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -22.692179,
        "energy": 21.130571,
        "activity_lines": [
          158.825305,
          153.123988,
          154.504947,
          161.651789
        ]
      },
      {
        "date": "2023-09-29",
        "close": 166.000168,
        "volume": 89264,
        "typical_volume": 259460.8,
        "trend": 166.810467,
        "fair_value": 98.400086,
        "relative_strength": 6.194805,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -0.67847,
        "energy": 17.712312,
        "activity_lines": [
          162.557697,
          156.002386,
          154.775936,
          161.653911
        ]
      },
      {
        "date": "2023-10-06",
        "close": 179.767258,
        "volume": 641251,
        "typical_volume": 270756.3,
        "trend": 167.229956,
        "fair_value": 99.374819,
        "relative_strength": 13.997467,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 34.500813,
        "energy": 36.045638,
        "activity_lines": [
          169.440204,
          161.117438,
          156.606452,
          162.489833
        ]
      },
      {
        "date": "2023-10-13",
        "close": 173.753479,
        "volume": 222341,
        "typical_volume": 218405.55,
        "trend": 167.696444,
        "fair_value": 100.319328,
        "relative_strength": 8.795822,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 24.708323,
        "energy": 38.642227,
        "activity_lines": [
          172.07028,
          164.530528,
          157.99284,
          162.910705
        ]
      },
      {
        "date": "2023-10-20",
        "close": 165.503159,
        "volume": 158846,
        "typical_volume": 179487.95,
        "trend": 168.199718,
        "fair_value": 101.204475,
        "relative_strength": 3.954856,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.781366,
        "energy": 33.666076,
        "activity_lines": [
          170.387082,
          165.871466,
          158.775007,
          162.769203
        ]
      },
      {
        "date": "2023-10-27",
        "close": 155.761841,
        "volume": 115604,
        "typical_volume": 153900.05,
        "trend": 168.723072,
        "fair_value": 102.031186,
        "relative_strength": -0.321019,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "down",
        "direction": -9.426302,
        "energy": 14.59054,
        "activity_lines": [
          165.841131,
          164.980474,
          158.703651,
          161.966759
        ]
      },
      {
        "date": "2023-11-03",
        "close": 157.849274,
        "volume": 58245,
        "typical_volume": 148885.95,
        "trend": 168.817793,
        "fair_value": 102.874671,
        "relative_strength": -0.695923,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -24.232058,
        "energy": 12.749008,
        "activity_lines": [
          162.405162,
          164.320326,
          158.877469,
          161.265224
        ]
      },
      {
        "date": "2023-11-10",
        "close": 153.525314,
        "volume": 51730,
        "typical_volume": 147872.55,
        "trend": 168.436788,
        "fair_value": 103.685812,
        "relative_strength": -5.003981,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -38.038101,
        "energy": 23.974153,
        "activity_lines": [
          158.071266,
          162.629771,
          158.686048,
          160.278612
        ]
      },
      {
        "date": "2023-11-17",
        "close": 144.529495,
        "volume": 116719,
        "typical_volume": 151331.5,
        "trend": 166.394904,
        "fair_value": 104.439904,
        "relative_strength": -12.367426,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -51.089046,
        "energy": 34.230864,
        "activity_lines": [
          152.488226,
          159.167691,
          157.640463,
          158.736206
        ]
      },
      {
        "date": "2023-11-24",
        "close": 158.346283,
        "volume": 313503,
        "typical_volume": 163925.85,
        "trend": 164.445691,
        "fair_value": 105.274856,
        "relative_strength": -4.841207,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -37.984284,
        "energy": 25.625234,
        "activity_lines": [
          153.459048,
          158.322782,
          157.961365,
          158.21694
        ]
      },
      {
        "date": "2023-12-01",
        "close": 155.06604,
        "volume": 65212,
        "typical_volume": 162261.2,
        "trend": 162.439928,
        "fair_value": 106.058253,
        "relative_strength": -9.430878,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -37.715814,
        "energy": 24.217332,
        "activity_lines": [
          153.813581,
          157.116413,
          157.924977,
          157.611802
        ]
      },
      {
        "date": "2023-12-08",
        "close": 164.111557,
        "volume": 559039,
        "typical_volume": 185495.8,
        "trend": 160.638349,
        "fair_value": 106.80373,
        "relative_strength": -7.844844,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -23.444538,
        "energy": 12.63143,
        "activity_lines": [
          157.229673,
          157.68029,
          158.736591,
          157.719649
        ]
      },
      {
        "date": "2023-12-15",
        "close": 161.77562,
        "volume": 103410,
        "typical_volume": 189117.6,
        "trend": 159.138342,
        "fair_value": 107.536392,
        "relative_strength": -11.655293,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 6.575266,
        "energy": 6.322012,
        "activity_lines": [
          159.449634,
          157.85379,
          159.264944,
          157.793021
        ]
      },
      {
        "date": "2023-12-22",
        "close": 161.676224,
        "volume": 251367,
        "typical_volume": 200068.1,
        "trend": 157.465099,
        "fair_value": 108.280752,
        "relative_strength": -11.752772,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.992276,
        "energy": 18.33216,
        "activity_lines": [
          161.086442,
          158.336339,
          159.710123,
          157.956755
        ]
      },
      {
        "date": "2023-12-29",
        "close": 155.712143,
        "volume": 73317,
        "typical_volume": 200528.85,
        "trend": 156.619179,
        "fair_value": 108.981022,
        "relative_strength": -16.769937,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 29.782411,
        "energy": 15.399663,
        "activity_lines": [
          159.592108,
          157.954096,
          159.49497,
          157.843661
        ]
      },
      {
        "date": "2024-01-05",
        "close": 161.328308,
        "volume": 110786,
        "typical_volume": 202806.8,
        "trend": 156.480127,
        "fair_value": 109.726235,
        "relative_strength": -13.620686,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.976429,
        "energy": 18.425019,
        "activity_lines": [
          160.145439,
          158.770992,
          159.740634,
          158.147476
        ]
      },
      {
        "date": "2024-01-12",
        "close": 168.733719,
        "volume": 543829,
        "typical_volume": 228157.65,
        "trend": 156.516984,
        "fair_value": 110.521694,
        "relative_strength": -10.265756,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 55.237277,
        "energy": 32.161793,
        "activity_lines": [
          162.749755,
          160.833118,
          160.626126,
          158.93803
        ]
      },
      {
        "date": "2024-01-19",
        "close": 161.974411,
        "volume": 159356,
        "typical_volume": 232835.3,
        "trend": 156.780553,
        "fair_value": 111.277525,
        "relative_strength": -12.568586,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 44.337639,
        "energy": 23.02224,
        "activity_lines": [
          162.792824,
          161.46838,
          160.752078,
          159.290122
        ]
      },
      {
        "date": "2024-01-26",
        "close": 160.234909,
        "volume": 72061,
        "typical_volume": 233794.8,
        "trend": 156.949846,
        "fair_value": 112.031764,
        "relative_strength": -12.021782,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.485383,
        "energy": 25.698824,
        "activity_lines": [
          162.242807,
          161.633749,
          160.63653,
          159.512984
        ]
      },
      {
        "date": "2024-02-02",
        "close": 188.067261,
        "volume": 1687831,
        "typical_volume": 277064.45,
        "trend": 158.254748,
        "fair_value": 112.936663,
        "relative_strength": 0.767219,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 70.564371,
        "energy": 55.098076,
        "activity_lines": [
          171.066328,
          166.573992,
          163.124402,
          161.520559
        ]
      },
      {
        "date": "2024-02-09",
        "close": 169.230728,
        "volume": 446563,
        "typical_volume": 292013.7,
        "trend": 158.821234,
        "fair_value": 113.743634,
        "relative_strength": -9.007705,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.078928,
        "energy": 40.107956,
        "activity_lines": [
          171.453997,
          167.54903,
          163.738325,
          162.228687
        ]
      },
      {
        "date": "2024-02-16",
        "close": 184.290009,
        "volume": 715334,
        "typical_volume": 323317.2,
        "trend": 159.919392,
        "fair_value": 114.629562,
        "relative_strength": -2.008446,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.933893,
        "energy": 52.027529,
        "activity_lines": [
          176.334598,
          171.00458,
          165.75191,
          163.871834
        ]
      },
      {
        "date": "2024-02-23",
        "close": 178.475037,
        "volume": 122404,
        "typical_volume": 297374.85,
        "trend": 160.991988,
        "fair_value": 115.487465,
        "relative_strength": -5.766957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.536744,
        "energy": 53.786658,
        "activity_lines": [
          178.239789,
          173.03598,
          167.124595,
          165.068972
        ]
      },
      {
        "date": "2024-03-01",
        "close": 168.833115,
        "volume": 132843,
        "typical_volume": 292899.95,
        "trend": 161.876815,
        "fair_value": 116.223121,
        "relative_strength": -11.27289,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.794514,
        "energy": 28.904345,
        "activity_lines": [
          175.830964,
          173.010679,
          167.585154,
          165.574851
        ]
      },
      {
        "date": "2024-03-08",
        "close": 161.875031,
        "volume": 72565,
        "typical_volume": 288585.9,
        "trend": 162.600642,
        "fair_value": 116.881795,
        "relative_strength": -15.053895,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 31.050951,
        "energy": 17.267837,
        "activity_lines": [
          170.529565,
          171.590145,
          167.406469,
          165.574736
        ]
      },
      {
        "date": "2024-03-15",
        "close": 143.883392,
        "volume": 478039,
        "typical_volume": 306707.65,
        "trend": 162.477291,
        "fair_value": 117.472627,
        "relative_strength": -22.388272,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.573991,
        "energy": 12.813111,
        "activity_lines": [
          160.977101,
          166.786352,
          165.531572,
          164.367172
        ]
      },
      {
        "date": "2024-03-22",
        "close": 143.535477,
        "volume": 118905,
        "typical_volume": 309740.65,
        "trend": 162.447925,
        "fair_value": 118.081581,
        "relative_strength": -22.411214,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.619517,
        "energy": 25.468917,
        "activity_lines": [
          152.998488,
          162.236483,
          163.680103,
          163.145119
        ]
      },
      {
        "date": "2024-03-29",
        "close": 136.477997,
        "volume": 90784,
        "typical_volume": 311693.35,
        "trend": 162.128869,
        "fair_value": 118.624017,
        "relative_strength": -26.657211,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -65.113426,
        "energy": 55.362703,
        "activity_lines": [
          145.38435,
          156.861584,
          161.224655,
          161.46964
        ]
      },
      {
        "date": "2024-04-05",
        "close": 165.900772,
        "volume": 509338,
        "typical_volume": 331324.3,
        "trend": 162.648696,
        "fair_value": 119.338409,
        "relative_strength": -11.29074,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.50153,
        "energy": 40.897168,
        "activity_lines": [
          150.377606,
          157.299853,
          161.652554,
          161.712988
        ]
      },
      {
        "date": "2024-04-12",
        "close": 152.928909,
        "volume": 163947,
        "typical_volume": 323846.5,
        "trend": 162.037378,
        "fair_value": 119.998326,
        "relative_strength": -17.7791,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -49.870094,
        "energy": 36.575705,
        "activity_lines": [
          151.242398,
          155.276585,
          160.743269,
          161.085905
        ]
      },
      {
        "date": "2024-04-19",
        "close": 151.934906,
        "volume": 154393,
        "typical_volume": 328305.55,
        "trend": 161.702728,
        "fair_value": 120.652796,
        "relative_strength": -15.998,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -47.876812,
        "energy": 24.628345,
        "activity_lines": [
          152.372264,
          153.711469,
          159.765114,
          160.434133
        ]
      },
      {
        "date": "2024-04-26",
        "close": 155.115738,
        "volume": 90416,
        "typical_volume": 304874.4,
        "trend": 161.339914,
        "fair_value": 121.304221,
        "relative_strength": -14.257044,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -33.917809,
        "energy": 14.858648,
        "activity_lines": [
          154.025639,
          153.039155,
          159.104805,
          160.009166
        ]
      },
      {
        "date": "2024-05-03",
        "close": 151.139679,
        "volume": 87673,
        "typical_volume": 304087.55,
        "trend": 160.385661,
        "fair_value": 121.910422,
        "relative_strength": -15.619449,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -37.113143,
        "energy": 18.869343,
        "activity_lines": [
          153.581644,
          152.174362,
          158.108662,
          159.351086
        ]
      },
      {
        "date": "2024-05-10",
        "close": 145.026505,
        "volume": 72275,
        "typical_volume": 295132.95,
        "trend": 159.428095,
        "fair_value": 122.457083,
        "relative_strength": -16.41183,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -53.678396,
        "energy": 28.218977,
        "activity_lines": [
          150.122478,
          150.69509,
          156.580959,
          158.360173
        ]
      },
      {
        "date": "2024-05-17",
        "close": 148.257034,
        "volume": 39460,
        "typical_volume": 293440.1,
        "trend": 158.853224,
        "fair_value": 123.012427,
        "relative_strength": -15.1251,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -52.313118,
        "energy": 35.972228,
        "activity_lines": [
          149.131774,
          150.236034,
          155.440209,
          157.639459
        ]
      },
      {
        "date": "2024-05-24",
        "close": 144.877411,
        "volume": 56387,
        "typical_volume": 290720.15,
        "trend": 158.49041,
        "fair_value": 123.527296,
        "relative_strength": -17.788161,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.305723,
        "energy": 44.247784,
        "activity_lines": [
          147.325987,
          149.410102,
          154.013092,
          156.737794
        ]
      },
      {
        "date": "2024-05-31",
        "close": 140.006729,
        "volume": 66248,
        "typical_volume": 266841.1,
        "trend": 157.895658,
        "fair_value": 123.981339,
        "relative_strength": -18.320725,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.130686,
        "energy": 51.379078,
        "activity_lines": [
          144.367139,
          147.680517,
          152.200437,
          155.545298
        ]
      },
      {
        "date": "2024-06-07",
        "close": 148.058243,
        "volume": 134463,
        "typical_volume": 265596.45,
        "trend": 157.713423,
        "fair_value": 124.496246,
        "relative_strength": -15.896225,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.039555,
        "energy": 37.719969,
        "activity_lines": [
          145.099396,
          147.479004,
          151.291389,
          154.910627
        ]
      },
      {
        "date": "2024-06-14",
        "close": 154.002441,
        "volume": 248977,
        "typical_volume": 274442.25,
        "trend": 158.029188,
        "fair_value": 124.945644,
        "relative_strength": -12.65346,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.264747,
        "energy": 26.373469,
        "activity_lines": [
          148.018481,
          148.147703,
          151.014722,
          154.671208
        ]
      },
      {
        "date": "2024-06-21",
        "close": 151.16951,
        "volume": 56508,
        "typical_volume": 192876.1,
        "trend": 157.789962,
        "fair_value": 125.360538,
        "relative_strength": -13.98872,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.262699,
        "energy": 18.59911,
        "activity_lines": [
          149.394861,
          148.517658,
          150.49793,
          154.228648
        ]
      },
      {
        "date": "2024-06-28",
        "close": 150.473709,
        "volume": 87780,
        "typical_volume": 174936.95,
        "trend": 157.636884,
        "fair_value": 125.734585,
        "relative_strength": -15.807614,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.784323,
        "energy": 15.854325,
        "activity_lines": [
          150.345142,
          148.793092,
          150.090575,
          153.756632
        ]
      },
      {
        "date": "2024-07-05",
        "close": 158.515259,
        "volume": 220457,
        "typical_volume": 150193.1,
        "trend": 157.450341,
        "fair_value": 126.097273,
        "relative_strength": -12.181243,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.509968,
        "energy": 10.379629,
        "activity_lines": [
          153.602852,
          150.557194,
          150.538402,
          153.813302
        ]
      },
      {
        "date": "2024-07-12",
        "close": 158.29657,
        "volume": 223748,
        "typical_volume": 155260.3,
        "trend": 157.334373,
        "fair_value": 126.442832,
        "relative_strength": -12.641575,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.505679,
        "energy": 11.579285,
        "activity_lines": [
          155.553765,
          152.219725,
          151.088138,
          153.867897
        ]
      },
      {
        "date": "2024-07-19",
        "close": 156.25885,
        "volume": 132022,
        "typical_volume": 155219.25,
        "trend": 157.153793,
        "fair_value": 126.85828,
        "relative_strength": -13.576132,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.697372,
        "energy": 14.539544,
        "activity_lines": [
          156.142882,
          153.381635,
          151.539893,
          153.798508
        ]
      },
      {
        "date": "2024-07-26",
        "close": 184.618042,
        "volume": 1426609,
        "typical_volume": 222921.45,
        "trend": 158.117323,
        "fair_value": 127.407104,
        "relative_strength": 0.862491,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 45.639969,
        "energy": 54.604357,
        "activity_lines": [
          166.034636,
          159.495538,
          154.752401,
          155.570395
        ]
      },
      {
        "date": "2024-08-02",
        "close": 194.876266,
        "volume": 2676104,
        "typical_volume": 332824.7,
        "trend": 159.235589,
        "fair_value": 128.062698,
        "relative_strength": 6.806051,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 58.413471,
        "energy": 70.302044,
        "activity_lines": [
          177.115896,
          166.813464,
          158.833582,
          157.94194
        ]
      },
      {
        "date": "2024-08-09",
        "close": 184.051468,
        "volume": 2772159,
        "typical_volume": 465487.4,
        "trend": 159.74618,
        "fair_value": 128.673882,
        "relative_strength": 2.232732,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.118298,
        "energy": 63.934158,
        "activity_lines": [
          181.62872,
          171.254174,
          161.641008,
          159.542965
        ]
      },
      {
        "date": "2024-08-16",
        "close": 181.337799,
        "volume": 923082,
        "typical_volume": 507102.3,
        "trend": 160.391627,
        "fair_value": 129.337669,
        "relative_strength": 0.078766,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 63.306923,
        "energy": 70.620174,
        "activity_lines": [
          183.534573,
          174.400676,
          163.997055,
          160.935972
        ]
      },
      {
        "date": "2024-08-23",
        "close": 194.359375,
        "volume": 432603,
        "typical_volume": 503265.55,
        "trend": 161.529109,
        "fair_value": 130.089554,
        "relative_strength": 5.954581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.066432,
        "energy": 67.42864,
        "activity_lines": [
          188.24487,
          179.309655,
          167.379634,
          163.12744
        ]
      },
      {
        "date": "2024-08-30",
        "close": 184.876495,
        "volume": 179560,
        "typical_volume": 504046.2,
        "trend": 161.42275,
        "fair_value": 130.76228,
        "relative_strength": -0.814683,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.242211,
        "energy": 44.492916,
        "activity_lines": [
          187.254172,
          181.760712,
          169.723565,
          164.633723
        ]
      },
      {
        "date": "2024-09-06",
        "close": 182.649887,
        "volume": 188243,
        "typical_volume": 505738.7,
        "trend": 161.870055,
        "fair_value": 131.405745,
        "relative_strength": -0.435452,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.38219,
        "energy": 40.139146,
        "activity_lines": [
          185.50404,
          183.194076,
          171.703307,
          166.003216
        ]
      },
      {
        "date": "2024-09-13",
        "close": 189.009003,
        "volume": 281121,
        "typical_volume": 515273.95,
        "trend": 162.027355,
        "fair_value": 132.096842,
        "relative_strength": 1.252769,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.81046,
        "energy": 40.236576,
        "activity_lines": [
          186.688706,
          185.198622,
          174.142416,
          167.754115
        ]
      },
      {
        "date": "2024-09-20",
        "close": 181.433884,
        "volume": 177658,
        "typical_volume": 519773.2,
        "trend": 162.125983,
        "fair_value": 132.751871,
        "relative_strength": -4.14251,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.006081,
        "energy": 27.894004,
        "activity_lines": [
          185.017831,
          185.271441,
          175.69869,
          169.00615
        ]
      },
      {
        "date": "2024-09-27",
        "close": 166.772064,
        "volume": 158027,
        "typical_volume": 524060.8,
        "trend": 162.057282,
        "fair_value": 133.330711,
        "relative_strength": -12.718455,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.094311,
        "energy": 17.493012,
        "activity_lines": [
          178.453276,
          182.257797,
          175.714341,
          169.305897
        ]
      },
      {
        "date": "2024-10-04",
        "close": 169.971542,
        "volume": 81562,
        "typical_volume": 526165.9,
        "trend": 162.327165,
        "fair_value": 133.87823,
        "relative_strength": -6.322856,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.555162,
        "energy": 16.642975,
        "activity_lines": [
          174.794367,
          179.634727,
          175.931154,
          169.816494
        ]
      },
      {
        "date": "2024-10-11",
        "close": 159.814911,
        "volume": 78366,
        "typical_volume": 527264.85,
        "trend": 162.858216,
        "fair_value": 134.356582,
        "relative_strength": -11.178791,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.914359,
        "energy": 15.1483,
        "activity_lines": [
          168.743579,
          175.431297,
          175.077267,
          169.654413
        ]
      },
      {
        "date": "2024-10-18",
        "close": 159.695313,
        "volume": 77845,
        "typical_volume": 527844.7,
        "trend": 163.396877,
        "fair_value": 134.861645,
        "relative_strength": -10.362998,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.904742,
        "energy": 16.01365,
        "activity_lines": [
          164.175256,
          171.8436,
          174.140859,
          169.450355
        ]
      },
      {
        "date": "2024-10-25",
        "close": 138.514908,
        "volume": 77147,
        "typical_volume": 524978.9,
        "trend": 163.464774,
        "fair_value": 135.243738,
        "relative_strength": -19.55827,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -36.517688,
        "energy": 41.988957,
        "activity_lines": [
          154.501045,
          164.84776,
          171.093514,
          167.845067
        ]
      },
      {
        "date": "2024-11-01",
        "close": 155.70842,
        "volume": 74280,
        "typical_volume": 516244.05,
        "trend": 163.125029,
        "fair_value": 135.705759,
        "relative_strength": -9.593049,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.099078,
        "energy": 42.189802,
        "activity_lines": [
          153.419269,
          161.756612,
          169.72909,
          167.344657
        ]
      },
      {
        "date": "2024-11-08",
        "close": 151.562027,
        "volume": 46439,
        "typical_volume": 515740.6,
        "trend": 163.079466,
        "fair_value": 136.126213,
        "relative_strength": -11.038687,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.905355,
        "energy": 48.935764,
        "activity_lines": [
          151.692938,
          158.614318,
          167.961649,
          166.598657
        ]
      },
      {
        "date": "2024-11-15",
        "close": 139.501663,
        "volume": 71605,
        "typical_volume": 514931.85,
        "trend": 162.665025,
        "fair_value": 136.472166,
        "relative_strength": -15.654923,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -45.166849,
        "energy": 58.781122,
        "activity_lines": [
          147.173787,
          153.884948,
          165.043732,
          165.077508
        ]
      },
      {
        "date": "2024-11-22",
        "close": 155.648605,
        "volume": 532830,
        "typical_volume": 530550.5,
        "trend": 162.682787,
        "fair_value": 136.917567,
        "relative_strength": -6.987649,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.73101,
        "energy": 30.597419,
        "activity_lines": [
          149.391167,
          152.875899,
          163.715867,
          164.624836
        ]
      },
      {
        "date": "2024-11-29",
        "close": 169.044601,
        "volume": 715090,
        "typical_volume": 555117.6,
        "trend": 163.279618,
        "fair_value": 137.466638,
        "relative_strength": 0.258259,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -7.2515,
        "energy": 11.705351,
        "activity_lines": [
          156.343659,
          154.909039,
          163.677462,
          165.035275
        ]
      },
      {
        "date": "2024-12-06",
        "close": 188.949203,
        "volume": 2066906,
        "typical_volume": 651861.8,
        "trend": 164.743708,
        "fair_value": 138.12769,
        "relative_strength": 9.632,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 20.895741,
        "energy": 15.727521,
        "activity_lines": [
          167.895706,
          160.786457,
          165.483552,
          166.691378
        ]
      },
      {
        "date": "2024-12-13",
        "close": 217.595078,
        "volume": 5889935,
        "typical_volume": 875028.1,
        "trend": 167.054976,
        "fair_value": 138.983297,
        "relative_strength": 25.361621,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 65.42525,
        "energy": 45.694405,
        "activity_lines": [
          186.780325,
          171.468995,
          169.862152,
          170.101143
        ]
      },
      {
        "date": "2024-12-20",
        "close": 182.699738,
        "volume": 192003,
        "typical_volume": 750823.05,
        "trend": 168.31572,
        "fair_value": 139.619276,
        "relative_strength": 10.474471,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 45.080707,
        "energy": 39.503834,
        "activity_lines": [
          189.630961,
          174.941043,
          170.760353,
          171.110483
        ]
      },
      {
        "date": "2024-12-27",
        "close": 175.47348,
        "volume": 51861,
        "typical_volume": 614808.15,
        "trend": 169.497945,
        "fair_value": 140.123692,
        "relative_strength": 5.039778,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.429788,
        "energy": 41.678529,
        "activity_lines": [
          187.192973,
          176.683138,
          171.028323,
          171.572274
        ]
      },
      {
        "date": "2025-01-03",
        "close": 179.23114,
        "volume": 74206,
        "typical_volume": 572364.35,
        "trend": 170.537042,
        "fair_value": 140.652195,
        "relative_strength": 6.42349,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.998893,
        "energy": 37.982741,
        "activity_lines": [
          184.68588,
          178.821569,
          171.695013,
          172.200222
        ]
      },
      {
        "date": "2025-01-10",
        "close": 156.725082,
        "volume": 67867,
        "typical_volume": 554127.55,
        "trend": 170.627796,
        "fair_value": 140.871568,
        "relative_strength": -4.396634,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -8.159783,
        "energy": 6.592988,
        "activity_lines": [
          173.997664,
          176.127693,
          170.2283,
          171.309128
        ]
      },
      {
        "date": "2025-01-17",
        "close": 158.868027,
        "volume": 71856,
        "typical_volume": 548742.35,
        "trend": 170.884414,
        "fair_value": 141.161817,
        "relative_strength": -1.962294,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.958608,
        "energy": 16.536619,
        "activity_lines": [
          166.172039,
          173.80496,
          169.144888,
          170.550433
        ]
      },
      {
        "date": "2025-01-24",
        "close": 146.249481,
        "volume": 50580,
        "typical_volume": 541859.2,
        "trend": 170.743606,
        "fair_value": 141.393035,
        "relative_strength": -9.022057,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -49.256341,
        "energy": 31.923438,
        "activity_lines": [
          158.055368,
          169.055109,
          166.983559,
          168.961083
        ]
      },
      {
        "date": "2025-01-31",
        "close": 149.927399,
        "volume": 46420,
        "typical_volume": 530124.15,
        "trend": 170.457344,
        "fair_value": 141.642208,
        "relative_strength": -7.817942,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -55.952073,
        "energy": 39.426843,
        "activity_lines": [
          153.594687,
          164.851283,
          165.345844,
          167.618101
        ]
      },
      {
        "date": "2025-02-07",
        "close": 146.080048,
        "volume": 37194,
        "typical_volume": 523100.95,
        "trend": 170.050127,
        "fair_value": 141.932289,
        "relative_strength": -9.987478,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.449476,
        "energy": 53.089991,
        "activity_lines": [
          149.554628,
          160.05196,
          163.527818,
          166.045373
        ]
      },
      {
        "date": "2025-02-14",
        "close": 132.115921,
        "volume": 39302,
        "typical_volume": 517164.7,
        "trend": 169.245362,
        "fair_value": 142.18219,
        "relative_strength": -15.741269,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.085268,
        "energy": 61.656679,
        "activity_lines": [
          143.069932,
          153.131242,
          160.548226,
          163.598005
        ]
      },
      {
        "date": "2025-02-21",
        "close": 121.889526,
        "volume": 30809,
        "typical_volume": 514627.05,
        "trend": 167.154412,
        "fair_value": 142.437102,
        "relative_strength": -21.213027,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.991159,
        "energy": 68.694618,
        "activity_lines": [
          134.817049,
          145.384513,
          156.759721,
          160.542789
        ]
      },
      {
        "date": "2025-02-28",
        "close": 109.799255,
        "volume": 21328,
        "typical_volume": 511775.15,
        "trend": 164.318511,
        "fair_value": 142.602023,
        "relative_strength": -26.333132,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.560754,
        "energy": 77.936322,
        "activity_lines": [
          124.999309,
          137.179653,
          152.048723,
          156.842457
        ]
      },
      {
        "date": "2025-03-07",
        "close": 119.387741,
        "volume": 63531,
        "typical_volume": 511059.45,
        "trend": 162.163054,
        "fair_value": 142.769083,
        "relative_strength": -20.990272,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.798998,
        "energy": 76.214892,
        "activity_lines": [
          120.807746,
          132.043617,
          148.489085,
          153.943697
        ]
      },
      {
        "date": "2025-03-14",
        "close": 122.63707,
        "volume": 41939,
        "typical_volume": 509299.05,
        "trend": 160.206363,
        "fair_value": 142.976332,
        "relative_strength": -18.028294,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.723606,
        "energy": 77.859233,
        "activity_lines": [
          119.73527,
          128.51811,
          145.430847,
          151.393634
        ]
      },
      {
        "date": "2025-03-21",
        "close": 113.915726,
        "volume": 59292,
        "typical_volume": 508549.65,
        "trend": 157.524908,
        "fair_value": 143.146408,
        "relative_strength": -26.624336,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.76416,
        "energy": 80.570935,
        "activity_lines": [
          117.318545,
          124.435886,
          141.617613,
          148.407141
        ]
      },
      {
        "date": "2025-03-28",
        "close": 130.899918,
        "volume": 642059,
        "typical_volume": 538330.65,
        "trend": 155.725689,
        "fair_value": 143.42286,
        "relative_strength": -16.15744,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.482741,
        "energy": 47.056821,
        "activity_lines": [
          121.776563,
          124.22005,
          139.620935,
          146.6894
        ]
      },
      {
        "date": "2025-04-04",
        "close": 136.820465,
        "volume": 375262,
        "typical_volume": 553513.5,
        "trend": 154.198041,
        "fair_value": 143.584893,
        "relative_strength": -9.647373,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.18485,
        "energy": 31.94162,
        "activity_lines": [
          127.607404,
          125.589187,
          138.286509,
          145.469708
        ]
      },
      {
        "date": "2025-04-11",
        "close": 141.30574,
        "volume": 406896,
        "typical_volume": 547216.8,
        "trend": 152.607933,
        "fair_value": 143.804403,
        "relative_strength": -6.211181,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.503806,
        "energy": 21.859644,
        "activity_lines": [
          133.131922,
          127.945266,
          137.39202,
          144.637947
        ]
      },
      {
        "date": "2025-04-18",
        "close": 142.661285,
        "volume": 124632,
        "typical_volume": 517693.9,
        "trend": 151.315513,
        "fair_value": 144.021049,
        "relative_strength": -9.14032,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.693229,
        "energy": 23.809272,
        "activity_lines": [
          137.647089,
          130.704565,
          136.69493,
          143.996227
        ]
      },
      {
        "date": "2025-04-25",
        "close": 140.189392,
        "volume": 80564,
        "typical_volume": 418376.8,
        "trend": 150.429424,
        "fair_value": 144.247766,
        "relative_strength": -11.129584,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -27.466006,
        "energy": 22.635295,
        "activity_lines": [
          140.003345,
          133.076588,
          135.888056,
          143.278413
        ]
      },
      {
        "date": "2025-05-02",
        "close": 132.305313,
        "volume": 92268,
        "typical_volume": 128493.45,
        "trend": 149.173883,
        "fair_value": 144.485142,
        "relative_strength": -16.871998,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.582112,
        "energy": 19.760051,
        "activity_lines": [
          137.979996,
          133.868352,
          134.562508,
          142.109116
        ]
      },
      {
        "date": "2025-05-09",
        "close": 130.710541,
        "volume": 152278,
        "typical_volume": 126507.2,
        "trend": 148.203737,
        "fair_value": 144.796599,
        "relative_strength": -16.437324,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -26.619156,
        "energy": 13.265634,
        "activity_lines": [
          135.331363,
          134.180779,
          133.491217,
          140.917932
        ]
      },
      {
        "date": "2025-05-16",
        "close": 144.584961,
        "volume": 136554,
        "typical_volume": 130741.85,
        "trend": 147.700058,
        "fair_value": 145.160776,
        "relative_strength": -11.090167,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.22737,
        "energy": 8.314727,
        "activity_lines": [
          137.714865,
          136.635623,
          133.988868,
          140.684463
        ]
      },
      {
        "date": "2025-05-23",
        "close": 141.863907,
        "volume": 62234,
        "typical_volume": 130143.25,
        "trend": 147.811692,
        "fair_value": 145.555282,
        "relative_strength": -12.021585,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.611365,
        "energy": 8.375504,
        "activity_lines": [
          138.972735,
          138.137599,
          134.374459,
          140.307937
        ]
      },
      {
        "date": "2025-05-30",
        "close": 142.232681,
        "volume": 57321,
        "typical_volume": 129615.95,
        "trend": 147.3625,
        "fair_value": 145.928421,
        "relative_strength": -11.304883,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.9689,
        "energy": 9.249098,
        "activity_lines": [
          140.406687,
          139.357045,
          134.973111,
          139.948001
        ]
      },
      {
        "date": "2025-06-06",
        "close": 134.737305,
        "volume": 54141,
        "typical_volume": 128730.2,
        "trend": 146.801676,
        "fair_value": 146.288172,
        "relative_strength": -16.587219,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.268564,
        "energy": 11.210461,
        "activity_lines": [
          139.205962,
          138.698843,
          134.926928,
          139.133472
        ]
      },
      {
        "date": "2025-06-13",
        "close": 136.56131,
        "volume": 141973,
        "typical_volume": 133299.85,
        "trend": 146.703665,
        "fair_value": 146.711447,
        "relative_strength": -14.220034,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.548793,
        "energy": 7.628485,
        "activity_lines": [
          138.451106,
          138.302506,
          135.169369,
          138.472803
        ]
      },
      {
        "date": "2025-06-20",
        "close": 133.910034,
        "volume": 80845,
        "typical_volume": 135021.1,
        "trend": 145.979046,
        "fair_value": 147.103051,
        "relative_strength": -16.931615,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.294247,
        "energy": 13.76687,
        "activity_lines": [
          136.42244,
          137.428832,
          135.205441,
          137.647408
        ]
      },
      {
        "date": "2025-06-27",
        "close": 135.853653,
        "volume": 51065,
        "typical_volume": 135714.65,
        "trend": 144.872681,
        "fair_value": 147.495249,
        "relative_strength": -17.212898,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -29.308741,
        "energy": 16.502154,
        "activity_lines": [
          135.753308,
          137.04301,
          135.502893,
          136.994157
        ]
      },
      {
        "date": "2025-07-04",
        "close": 137.34874,
        "volume": 64805,
        "typical_volume": 136989.8,
        "trend": 143.152665,
        "fair_value": 147.884229,
        "relative_strength": -15.435448,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.941319,
        "energy": 14.651492,
        "activity_lines": [
          135.983223,
          137.052797,
          135.991432,
          136.508741
        ]
      },
      {
        "date": "2025-07-11",
        "close": 139.950195,
        "volume": 88497,
        "typical_volume": 139874.2,
        "trend": 140.564502,
        "fair_value": 148.292695,
        "relative_strength": -12.531489,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.964574,
        "energy": 6.885771,
        "activity_lines": [
          137.405885,
          137.587225,
          136.702809,
          136.30213
        ]
      },
      {
        "date": "2025-07-18",
        "close": 138.644485,
        "volume": 59381,
        "typical_volume": 141776.85,
        "trend": 139.095994,
        "fair_value": 148.681239,
        "relative_strength": -12.501728,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.156847,
        "energy": 4.674082,
        "activity_lines": [
          138.045784,
          137.745253,
          137.203831,
          136.178258
        ]
      },
      {
        "date": "2025-07-25",
        "close": 132.664124,
        "volume": 42389,
        "typical_volume": 140719.75,
        "trend": 137.669016,
        "fair_value": 149.002409,
        "relative_strength": -15.295896,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.010473,
        "energy": 12.812111,
        "activity_lines": [
          136.553352,
          136.671688,
          136.997936,
          135.763299
        ]
      },
      {
        "date": "2025-08-01",
        "close": 126.554199,
        "volume": 37639,
        "typical_volume": 140504.75,
        "trend": 135.913117,
        "fair_value": 149.269738,
        "relative_strength": -17.616985,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -26.970049,
        "energy": 24.980275,
        "activity_lines": [
          133.107338,
          134.703971,
          136.146922,
          135.046214
        ]
      },
      {
        "date": "2025-08-08",
        "close": 122.288216,
        "volume": 21987,
        "typical_volume": 138639.5,
        "trend": 134.765222,
        "fair_value": 149.489425,
        "relative_strength": -19.103478,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -36.696794,
        "energy": 46.708049,
        "activity_lines": [
          128.859294,
          132.238979,
          134.870971,
          134.167188
        ]
      },
      {
        "date": "2025-08-15",
        "close": 121.082184,
        "volume": 18099,
        "typical_volume": 107441.5,
        "trend": 133.505694,
        "fair_value": 149.688267,
        "relative_strength": -20.160768,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -58.149728,
        "energy": 64.486392,
        "activity_lines": [
          125.213274,
          129.917335,
          133.440291,
          133.284411
        ]
      },
      {
        "date": "2025-08-22",
        "close": 129.424774,
        "volume": 123486,
        "typical_volume": 94852.7,
        "trend": 132.94487,
        "fair_value": 149.931221,
        "relative_strength": -14.780358,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -29.262196,
        "energy": 50.406256,
        "activity_lines": [
          125.605985,
          129.3608,
          132.850895,
          133.021126
        ]
      },
      {
        "date": "2025-08-29",
        "close": 123.125465,
        "volume": 26084,
        "typical_volume": 75812.1,
        "trend": 132.051472,
        "fair_value": 150.135471,
        "relative_strength": -16.858636,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.377162,
        "energy": 47.970842,
        "activity_lines": [
          124.513574,
          127.788692,
          131.696782,
          132.387616
        ]
      },
      {
        "date": "2025-09-05",
        "close": 126.962852,
        "volume": 31823,
        "typical_volume": 71171.65,
        "trend": 131.414233,
        "fair_value": 150.245032,
        "relative_strength": -14.756335,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.350542,
        "energy": 27.021955,
        "activity_lines": [
          125.336202,
          127.110374,
          130.994707,
          132.059318
        ]
      },
      {
        "date": "2025-09-12",
        "close": 152.179993,
        "volume": 747325,
        "typical_volume": 104509.7,
        "trend": 132.083035,
        "fair_value": 150.543208,
        "relative_strength": 1.107491,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 25.289572,
        "energy": 17.785501,
        "activity_lines": [
          134.5373,
          131.178641,
          132.769019,
          133.399044
        ]
      },
      {
        "date": "2025-09-19",
        "close": 136.740005,
        "volume": 802160,
        "typical_volume": 140004.3,
        "trend": 132.578051,
        "fair_value": 150.782383,
        "relative_strength": -9.439621,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 5.714247,
        "energy": 13.384108,
        "activity_lines": [
          136.59895,
          132.169978,
          133.015758,
          133.699494
        ]
      },
      {
        "date": "2025-09-26",
        "close": 136.309998,
        "volume": 2148358,
        "typical_volume": 239808.3,
        "trend": 133.461742,
        "fair_value": 151.0537,
        "relative_strength": -7.010051,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.753636,
        "energy": 16.608975,
        "activity_lines": [
          137.473411,
          133.1415,
          133.200426,
          133.940265
        ]
      },
      {
        "date": "2025-10-03",
        "close": 136.169998,
        "volume": 354046,
        "typical_volume": 250682.9,
        "trend": 134.021151,
        "fair_value": 151.280339,
        "relative_strength": -7.603487,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 18.742409,
        "energy": 20.990691,
        "activity_lines": [
          137.842189,
          134.130012,
          133.345097,
          134.114991
        ]
      },
      {
        "date": "2025-10-10",
        "close": 132.440002,
        "volume": 134282,
        "typical_volume": 254285.3,
        "trend": 134.347915,
        "fair_value": 151.516696,
        "relative_strength": -11.188632,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 3.634621,
        "energy": 6.160434,
        "activity_lines": [
          136.098,
          134.3766,
          133.174601,
          134.012981
        ]
      },
      {
        "date": "2025-10-17",
        "close": 131.880005,
        "volume": 136201,
        "typical_volume": 258229.3,
        "trend": 134.946725,
        "fair_value": 151.763423,
        "relative_strength": -12.655288,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.102346,
        "energy": 10.904059,
        "activity_lines": [
          133.802002,
          134.414356,
          132.995648,
          133.853761
        ]
      },
      {
        "date": "2025-10-24",
        "close": 133.25,
        "volume": 94839,
        "typical_volume": 260264.2,
        "trend": 135.025061,
        "fair_value": 152.025277,
        "relative_strength": -11.877425,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -28.438858,
        "energy": 12.50241,
        "activity_lines": [
          133.316001,
          134.526805,
          132.99647,
          133.744295
        ]
      },
      {
        "date": "2025-10-31",
        "close": 136.149994,
        "volume": 242686,
        "typical_volume": 265299.85,
        "trend": 135.002712,
        "fair_value": 152.317776,
        "relative_strength": -9.372794,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -26.046357,
        "energy": 11.819721,
        "activity_lines": [
          134.029332,
          134.945293,
          133.280563,
          133.816872
        ]
      },
      {
        "date": "2025-11-07",
        "close": 131.169998,
        "volume": 100548,
        "typical_volume": 266285.0,
        "trend": 134.664854,
        "fair_value": 152.558683,
        "relative_strength": -11.571356,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -33.185355,
        "energy": 14.161908,
        "activity_lines": [
          133.093332,
          134.336051,
          133.09233,
          133.5696
        ]
      },
      {
        "date": "2025-11-14",
        "close": 132.460007,
        "volume": 121948,
        "typical_volume": 269829.15,
        "trend": 134.324811,
        "fair_value": 152.784699,
        "relative_strength": -11.903966,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.029464,
        "energy": 12.670175,
        "activity_lines": [
          132.920668,
          133.815092,
          133.040003,
          133.427352
        ]
      },
      {
        "date": "2025-11-21",
        "close": 137.440002,
        "volume": 179712,
        "typical_volume": 275574.5,
        "trend": 134.233165,
        "fair_value": 153.012499,
        "relative_strength": -8.77194,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 4.828862,
        "energy": 2.793686,
        "activity_lines": [
          134.406668,
          134.099637,
          133.478121,
          133.628332
        ]
      },
      {
        "date": "2025-11-28",
        "close": 133.800003,
        "volume": 75712,
        "typical_volume": 274935.25,
        "trend": 134.282988,
        "fair_value": 153.209352,
        "relative_strength": -11.083081,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.560642,
        "energy": 0.971612,
        "activity_lines": [
          134.308669,
          133.990365,
          133.569138,
          133.600386
        ]
      },
      {
        "date": "2025-12-05",
        "close": 124.379997,
        "volume": 77194,
        "typical_volume": 275825.9,
        "trend": 134.07197,
        "fair_value": 153.355972,
        "relative_strength": -16.478055,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -50.750786,
        "energy": 23.669872,
        "activity_lines": [
          131.034001,
          132.221819,
          132.792298,
          132.961483
        ]
      },
      {
        "date": "2025-12-12",
        "close": 124.339996,
        "volume": 43138,
        "typical_volume": 275863.35,
        "trend": 133.397137,
        "fair_value": 153.525178,
        "relative_strength": -14.903366,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -53.969667,
        "energy": 36.426542,
        "activity_lines": [
          128.530666,
          130.662909,
          132.079575,
          132.333614
        ]
      },
      {
        "date": "2025-12-19",
        "close": 122.809998,
        "volume": 24812,
        "typical_volume": 275222.0,
        "trend": 132.762007,
        "fair_value": 153.727406,
        "relative_strength": -14.808932,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -57.829196,
        "energy": 50.354925,
        "activity_lines": [
          125.972665,
          129.040908,
          131.260776,
          131.650573
        ]
      },
      {
        "date": "2025-12-26",
        "close": 123.220001,
        "volume": 21773,
        "typical_volume": 275211.3,
        "trend": 132.128251,
        "fair_value": 153.852313,
        "relative_strength": -13.987927,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.353759,
        "energy": 58.629312,
        "activity_lines": [
          124.194665,
          127.668545,
          130.498855,
          131.034959
        ]
      },
      {
        "date": "2026-01-02",
        "close": 120.910004,
        "volume": 35504,
        "typical_volume": 276081.55,
        "trend": 131.667341,
        "fair_value": 153.737798,
        "relative_strength": -15.670696,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.114309,
        "energy": 62.053103,
        "activity_lines": [
          122.594667,
          126.033637,
          129.512497,
          130.311201
        ]
      },
      {
        "date": "2026-01-09",
        "close": 117.220001,
        "volume": 47840,
        "typical_volume": 272299.25,
        "trend": 131.022631,
        "fair_value": 153.517143,
        "relative_strength": -15.556783,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.543918,
        "energy": 66.661663,
        "activity_lines": [
          120.624001,
          123.952182,
          128.17553,
          129.379115
        ]
      },
      {
        "date": "2026-01-16",
        "close": 110.57,
        "volume": 27134,
        "typical_volume": 272351.75,
        "trend": 130.24463,
        "fair_value": 153.237679,
        "relative_strength": -19.654451,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.371865,
        "energy": 76.153822,
        "activity_lines": [
          116.914001,
          121.005819,
          126.263347,
          128.05959
        ]
      },
      {
        "date": "2026-01-23",
        "close": 100.629997,
        "volume": 67161,
        "typical_volume": 274118.65,
        "trend": 129.070508,
        "fair_value": 152.811377,
        "relative_strength": -24.363458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.094171,
        "energy": 85.605192,
        "activity_lines": [
          110.808666,
          116.626727,
          123.464286,
          126.148969
        ]
      },
      {
        "date": "2026-01-30",
        "close": 114.620003,
        "volume": 173397,
        "typical_volume": 245422.25,
        "trend": 128.312883,
        "fair_value": 152.623864,
        "relative_strength": -14.198626,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.244379,
        "energy": 71.557762,
        "activity_lines": [
          110.845334,
          115.37,
          122.123,
          125.216678
        ]
      },
      {
        "date": "2026-02-06",
        "close": 115.349998,
        "volume": 108903,
        "typical_volume": 210759.4,
        "trend": 127.492877,
        "fair_value": 152.462287,
        "relative_strength": -14.371848,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.99463,
        "energy": 56.930755,
        "activity_lines": [
          111.698666,
          114.660909,
          121.030095,
          124.380363
        ]
      },
      {
        "date": "2026-02-13",
        "close": 113.589996,
        "volume": 92902,
        "typical_volume": 107986.6,
        "trend": 126.657727,
        "fair_value": 152.195837,
        "relative_strength": -14.533179,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.931691,
        "energy": 42.01524,
        "activity_lines": [
          112.335998,
          113.967272,
          119.871428,
          123.483403
        ]
      },
      {
        "date": "2026-02-20",
        "close": 112.019997,
        "volume": 30318,
        "typical_volume": 91800.2,
        "trend": 125.969589,
        "fair_value": 151.978332,
        "relative_strength": -15.744516,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -54.847504,
        "energy": 33.940829,
        "activity_lines": [
          112.691998,
          113.184362,
          118.671428,
          122.539033
        ]
      },
      {
        "date": "2026-02-27",
        "close": 106.089996,
        "volume": 34853,
        "typical_volume": 86828.75,
        "trend": 125.287449,
        "fair_value": 151.756444,
        "relative_strength": -18.735328,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.939429,
        "energy": 39.709168,
        "activity_lines": [
          110.974664,
          111.547271,
          117.021666,
          121.256479
        ]
      },
      {
        "date": "2026-03-06",
        "close": 100.459999,
        "volume": 41152,
        "typical_volume": 82076.3,
        "trend": 124.559842,
        "fair_value": 151.328735,
        "relative_strength": -20.406205,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.663206,
        "energy": 50.155964,
        "activity_lines": [
          107.016664,
          109.190544,
          114.961189,
          119.654708
        ]
      },
      {
        "date": "2026-03-13",
        "close": 94.720001,
        "volume": 45988,
        "typical_volume": 79633.75,
        "trend": 123.681103,
        "fair_value": 150.911819,
        "relative_strength": -20.331211,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.01851,
        "energy": 72.810005,
        "activity_lines": [
          102.089332,
          106.203999,
          112.503666,
          117.729557
        ]
      },
      {
        "date": "2026-03-20",
        "close": 94.879997,
        "volume": 104526,
        "typical_volume": 72725.75,
        "trend": 122.52961,
        "fair_value": 150.55589,
        "relative_strength": -19.838012,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.413057,
        "energy": 73.828219,
        "activity_lines": [
          98.590665,
          103.722725,
          110.244856,
          115.871421
        ]
      },
      {
        "date": "2026-03-27",
        "close": 87.559998,
        "volume": 57994,
        "typical_volume": 70598.05,
        "trend": 121.344095,
        "fair_value": 150.219344,
        "relative_strength": -24.576867,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -78.065768,
        "energy": 79.601924,
        "activity_lines": [
          93.899332,
          100.316725,
          107.485427,
          113.615317
        ]
      },
      {
        "date": "2026-04-03",
        "close": 93.449997,
        "volume": 44375,
        "typical_volume": 66719.4,
        "trend": 120.226999,
        "fair_value": 149.824744,
        "relative_strength": -18.553456,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.948266,
        "energy": 65.668111,
        "activity_lines": [
          92.801998,
          98.399998,
          105.494618,
          111.815698
        ]
      },
      {
        "date": "2026-04-10",
        "close": 104.669998,
        "volume": 79825,
        "typical_volume": 61725.05,
        "trend": 118.643333,
        "fair_value": 149.438299,
        "relative_strength": -13.240871,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.712071,
        "energy": 44.151285,
        "activity_lines": [
          96.287331,
          98.653816,
          104.758141,
          110.81202
        ]
      },
      {
        "date": "2026-04-17",
        "close": 109.620003,
        "volume": 31787,
        "typical_volume": 59528.8,
        "trend": 117.739333,
        "fair_value": 148.82185,
        "relative_strength": -9.756168,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -42.360856,
        "energy": 28.333512,
        "activity_lines": [
          101.141999,
          99.988544,
          104.649142,
          110.22987
        ]
      },
      {
        "date": "2026-04-24",
        "close": 106.529999,
        "volume": 44242,
        "typical_volume": 57881.2,
        "trend": 116.746666,
        "fair_value": 148.114845,
        "relative_strength": -10.152079,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.727213,
        "energy": 20.193779,
        "activity_lines": [
          103.973333,
          100.865635,
          104.360999,
          109.506687
        ]
      },
      {
        "date": "2026-05-01",
        "close": 105.82,
        "volume": 91166,
        "typical_volume": 60282.6,
        "trend": 115.735,
        "fair_value": 147.413442,
        "relative_strength": -10.766939,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -28.764919,
        "energy": 22.659022,
        "activity_lines": [
          105.791333,
          101.741999,
          104.090237,
          108.801741
        ]
      },
      {
        "date": "2026-05-08",
        "close": 112.349998,
        "volume": 103412,
        "typical_volume": 64212.6,
        "trend": 115.065333,
        "fair_value": 146.73518,
        "relative_strength": -5.667685,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -13.937494,
        "energy": 17.821107,
        "activity_lines": [
          108.568666,
          103.918363,
          104.52957,
          108.583354
        ]
      },
      {
        "date": "2026-05-15",
        "close": 105.970001,
        "volume": 70749,
        "typical_volume": 66661.4,
        "trend": 114.201666,
        "fair_value": 146.088988,
        "relative_strength": -8.557122,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -13.51148,
        "energy": 13.450608,
        "activity_lines": [
          107.959333,
          104.820909,
          104.411094,
          107.996558
        ]
      },
      {
        "date": "2026-05-22",
        "close": 101.650002,
        "volume": 29378,
        "typical_volume": 66355.1,
        "trend": 113.148333,
        "fair_value": 145.382427,
        "relative_strength": -12.074474,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -22.238256,
        "energy": 12.293877,
        "activity_lines": [
          105.823334,
          104.837818,
          103.963333,
          107.186773
        ]
      },
      {
        "date": "2026-05-29",
        "close": 100.82,
        "volume": 24508,
        "typical_volume": 65188.5,
        "trend": 111.970666,
        "fair_value": 144.867878,
        "relative_strength": -11.646346,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -35.851986,
        "energy": 16.123022,
        "activity_lines": [
          103.942,
          104.577818,
          103.528237,
          106.391397
        ]
      },
      {
        "date": "2026-06-05",
        "close": 107.699997,
        "volume": 15480,
        "typical_volume": 64605.8,
        "trend": 111.188333,
        "fair_value": 144.497366,
        "relative_strength": -4.590534,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.138475,
        "energy": 14.279288,
        "activity_lines": [
          104.734666,
          105.460727,
          103.826475,
          106.11587
        ]
      },
      {
        "date": "2026-06-12",
        "close": 103.120003,
        "volume": 6450,
        "typical_volume": 61570.25,
        "trend": 110.210333,
        "fair_value": 144.083853,
        "relative_strength": -9.219648,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -32.132203,
        "energy": 17.511495,
        "activity_lines": [
          103.875334,
          105.144728,
          103.70219,
          105.595333
        ]
      },
      {
        "date": "2026-06-19",
        "close": 114.129997,
        "volume": 305746,
        "typical_volume": 68187.7,
        "trend": 109.433333,
        "fair_value": 143.827844,
        "relative_strength": -0.930127,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.791456,
        "energy": 4.558815,
        "activity_lines": [
          107.301333,
          106.654727,
          104.614618,
          105.848214
        ]
      },
      {
        "date": "2026-06-26",
        "close": 114.580002,
        "volume": 0,
        "typical_volume": 62742.55,
        "trend": 108.792666,
        "fair_value": 143.567741,
        "relative_strength": -0.503137,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.283759,
        "energy": 27.740062,
        "activity_lines": [
          110.333333,
          108.074546,
          105.572238,
          106.180257
        ]
      },
      {
        "date": "2026-07-03",
        "close": 113.260002,
        "volume": 6839,
        "typical_volume": 58439.4,
        "trend": 108.421999,
        "fair_value": 143.33915,
        "relative_strength": -2.234085,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 17.833127,
        "energy": 35.480895,
        "activity_lines": [
          112.063334,
          109.164182,
          106.407809,
          106.468473
        ]
      },
      {
        "date": "2026-07-10",
        "close": 110.919998,
        "volume": 29847,
        "typical_volume": 58415.85,
        "trend": 107.974666,
        "fair_value": 143.074303,
        "relative_strength": -3.619521,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.513528,
        "energy": 42.128508,
        "activity_lines": [
          112.184,
          109.706,
          107.022095,
          106.629634
        ]
      },
      {
        "date": "2026-07-17",
        "close": 115.989998,
        "volume": 169018,
        "typical_volume": 65124.1,
        "trend": 107.747333,
        "fair_value": 142.847667,
        "relative_strength": 0.578125,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 31.676948,
        "energy": 43.019647,
        "activity_lines": [
          113.779999,
          111.076909,
          108.124476,
          107.146752
        ]
      },
      {
        "date": "2026-07-24",
        "close": 112.269997,
        "volume": 34624,
        "typical_volume": 64797.7,
        "trend": 107.382333,
        "fair_value": 142.629544,
        "relative_strength": -0.075276,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 52.474144,
        "energy": 37.000941,
        "activity_lines": [
          113.277998,
          111.705272,
          108.825428,
          107.438537
        ]
      },
      {
        "date": "2026-07-31",
        "close": 114.0,
        "volume": 9657,
        "typical_volume": 62981.15,
        "trend": 107.151999,
        "fair_value": 142.448208,
        "relative_strength": -0.907347,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.828868,
        "energy": 32.586499,
        "activity_lines": [
          113.476665,
          112.533636,
          109.634904,
          107.865483
        ]
      },
      {
        "date": "2026-08-07",
        "close": 115.120003,
        "volume": 52459,
        "typical_volume": 60377.8,
        "trend": 107.081999,
        "fair_value": 142.287694,
        "relative_strength": -0.56017,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.34809,
        "energy": 36.466419,
        "activity_lines": [
          114.087333,
          113.341091,
          110.459238,
          108.379548
        ]
      }
    ],
    "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."
    }
  }
}