{
  "ticker": {
    "uuid": "fdcdf1c8-aa67-4880-8e87-4ab66ad24460",
    "symbol": "301538",
    "name": "Shenzhen Jdd Tech New Material Co., Ltd",
    "exchange": "SHZ",
    "country": "CN",
    "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": "399001.SZ",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -65.915,
    "architecture_energy": 78.267,
    "architecture_maturity": 26.0,
    "architecture_confidence": 83.866,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 16.37,
        "rotation_up": 8.72,
        "upward_expansion": 18.29,
        "deceleration": 37.18,
        "rotation_down": 77.65,
        "downward_expansion": 93.95
      },
      "activity_lines": [
        37.797333,
        43.34754,
        51.630402,
        54.134127
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 39.939999,
    "trend_reference": 57.166679,
    "distance_from_trend": -0.301341,
    "trend_direction": "Weakening",
    "fair_value": 46.88866,
    "distance_from_fair_value": -0.148195,
    "fair_value_direction": "Weakening",
    "relative_strength": -31.87719,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.368878,
    "excess_performance": -0.376277,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.301341,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.029701,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": false,
        "value": -0.148195,
        "read": "Below anchor"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.400974,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.318772,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.218801,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.368878,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.689375,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 11433312,
      "relative_activity": 1.003458,
      "balance": 0.689375,
      "dry_up": 1.011773,
      "accumulation_observations": 2,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.256025,
      "annualized_volatility": 0.891171,
      "from_high_reference": -0.534861,
      "from_low_reference": 0.222903
    },
    "levels": {
      "trend_reference": 57.166679,
      "fair_value_reference": 46.88866,
      "structural_low": 32.66,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 0,
        "median_return": null,
        "positive_rate": null,
        "directional_follow_through": null,
        "median_excess_return": null,
        "regime_survival": null,
        "best_return": null,
        "worst_return": null,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-26",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": -0.090649,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-07",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": 0.233515,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-30",
        "end": "2026-03-06",
        "tenure": "Developing",
        "return": -0.101427,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-13",
        "end": "2026-05-08",
        "tenure": "Developing",
        "return": -0.02994,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": -0.19991,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-26",
        "end": "2026-07-17",
        "tenure": "New",
        "return": -0.24154,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.156006,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2024-03-22",
        "close": 33.480846,
        "volume": 45992869,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 29.221657,
        "volume": 37951622,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 29.096703,
        "volume": 16719890,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 29.846436,
        "volume": 21741547,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 31.39945,
        "volume": 22917644,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 33.18095,
        "volume": 25351769,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 34.719688,
        "volume": 8646779,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 47.836411,
        "volume": 34168529,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 68.268364,
        "volume": 36690400,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 63.468697,
        "volume": 43329469,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 53.287571,
        "volume": 29433118,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 48.789986,
        "volume": 29279883,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 55.24239,
        "volume": 22305326,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 59.297752,
        "volume": 33448844,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 51.398087,
        "volume": 19461075,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 46.081387,
        "volume": 12581053,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 46.232143,
        "volume": 14260540,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 45.16177,
        "volume": 10670772,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 41.835064,
        "volume": 7553954,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 42.458195,
        "volume": 10132259,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 42.739609,
        "volume": 12069519,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 44.473312,
        "volume": 16012662,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 34.739433,
        "volume": 16520763,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 35.161552,
        "volume": 8430800,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 33.382626,
        "volume": 7529573,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 31.85495,
        "volume": 4862224,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 31.000664,
        "volume": 3951349,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 37.086224,
        "volume": 14131588,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 42.443115,
        "volume": 6418815,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 36.977657,
        "volume": 20844261,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 39.07843,
        "volume": 12134357,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 42.766121,
        "volume": 24635459,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 41.320263,
        "volume": 20452996,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 42.846725,
        "volume": 22397385,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 41.002876,
        "volume": 16547135,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 40.705643,
        "volume": 10207753,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 39.703121,
        "volume": 7015065,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 44.060841,
        "volume": 13614432,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 41.516739,
        "volume": 13307386,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 41.733364,
        "volume": 8295638,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 41.864349,
        "volume": 13883215,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 35.164036,
        "volume": 6903226,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 34.559502,
        "volume": 4857936,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 35.768574,
        "volume": 5703018,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 36.700573,
        "volume": 6957156,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 35.713158,
        "volume": 963773,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 36.992767,
        "volume": 4641465,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 37.773628,
        "volume": 8859198,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 37.617458,
        "volume": 6857582,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 35.395779,
        "volume": 7670700,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 35.985203,
        "volume": 5788450,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 37.73333,
        "volume": 10113230,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 38.232075,
        "volume": 10799125,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 37.526775,
        "volume": 16113932,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 35.496532,
        "volume": 6268888,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 30.992714,
        "volume": 9241269,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 32.292477,
        "volume": 5575044,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 34.45874,
        "volume": 9232966,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 34.257229,
        "volume": 2895172,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 35.708122,
        "volume": 5680582,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 35.410892,
        "volume": 5736202,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-23",
        "close": 36.630043,
        "volume": 7234753,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-30",
        "close": 38.391254,
        "volume": 19625631,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-06",
        "close": 39.805779,
        "volume": 10298415,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-13",
        "close": 37.637783,
        "volume": 8727205,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-20",
        "close": 36.308556,
        "volume": 6277253,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-06-27",
        "close": 37.275269,
        "volume": 4886444,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-04",
        "close": 36.301449,
        "volume": 6033595,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-11",
        "close": 36.358315,
        "volume": 6439217,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-18",
        "close": 40.232269,
        "volume": 21400745,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-07-25",
        "close": 44.838364,
        "volume": 37312324,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-01",
        "close": 43.573112,
        "volume": 15370731,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-08",
        "close": 47.958855,
        "volume": 21352048,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-15",
        "close": 50.304554,
        "volume": 18150265,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-22",
        "close": 51.399216,
        "volume": 19374051,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-08-29",
        "close": 48.676781,
        "volume": 12890837,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-05",
        "close": 53.95105,
        "volume": 22392684,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-12",
        "close": 66.788414,
        "volume": 42692367,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-19",
        "close": 66.504082,
        "volume": 30270882,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-09-26",
        "close": 67.044304,
        "volume": 15943280,
        "typical_volume": 16620446.45,
        "trend": 42.269118,
        "fair_value": 41.381502,
        "relative_strength": 34.104328,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.942934,
        "energy": 84.726844,
        "activity_lines": [
          63.878798,
          58.310556,
          50.892676,
          46.770265
        ]
      },
      {
        "date": "2025-10-03",
        "close": 66.674683,
        "volume": 5669593,
        "typical_volume": 16617116.0,
        "trend": 43.292101,
        "fair_value": 41.693764,
        "relative_strength": 29.64271,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.280002,
        "energy": 82.734961,
        "activity_lines": [
          65.90605,
          60.596158,
          52.883644,
          48.344817
        ]
      },
      {
        "date": "2025-10-10",
        "close": 64.798126,
        "volume": 6723210,
        "typical_volume": 16591538.85,
        "trend": 44.19426,
        "fair_value": 41.975524,
        "relative_strength": 26.853189,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.760126,
        "energy": 64.537935,
        "activity_lines": [
          66.107923,
          62.143543,
          54.547018,
          49.732303
        ]
      },
      {
        "date": "2025-10-17",
        "close": 58.287033,
        "volume": 12571506,
        "typical_volume": 16238832.6,
        "trend": 44.862759,
        "fair_value": 42.172048,
        "relative_strength": 19.606508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.752549,
        "energy": 54.32925,
        "activity_lines": [
          63.416294,
          62.121184,
          55.456153,
          50.641514
        ]
      },
      {
        "date": "2025-10-24",
        "close": 57.917408,
        "volume": 7648484,
        "typical_volume": 16106336.05,
        "trend": 45.542447,
        "fair_value": 42.359493,
        "relative_strength": 13.292049,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 48.493041,
        "energy": 40.46899,
        "activity_lines": [
          61.168215,
          61.843836,
          56.235344,
          51.483749
        ]
      },
      {
        "date": "2025-10-31",
        "close": 60.966816,
        "volume": 17065808,
        "typical_volume": 16523266.2,
        "trend": 46.391456,
        "fair_value": 42.578403,
        "relative_strength": 18.10605,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.273456,
        "energy": 31.286745,
        "activity_lines": [
          60.50905,
          61.98251,
          57.21871,
          52.47887
        ]
      },
      {
        "date": "2025-11-07",
        "close": 55.948444,
        "volume": 13907621,
        "typical_volume": 16904784.6,
        "trend": 47.223314,
        "fair_value": 42.733868,
        "relative_strength": 7.994895,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.455664,
        "energy": 24.649021,
        "activity_lines": [
          58.58226,
          61.034796,
          57.613044,
          53.09545
        ]
      },
      {
        "date": "2025-11-14",
        "close": 52.906143,
        "volume": 9456758,
        "typical_volume": 17133300.3,
        "trend": 47.910436,
        "fair_value": 42.850791,
        "relative_strength": 3.478304,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.96742,
        "energy": 21.790117,
        "activity_lines": [
          56.356453,
          59.401725,
          57.624112,
          53.462084
        ]
      },
      {
        "date": "2025-11-21",
        "close": 49.437355,
        "volume": 5531478,
        "typical_volume": 17108194.45,
        "trend": 48.409723,
        "fair_value": 42.925638,
        "relative_strength": 1.900159,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.013078,
        "energy": 14.420229,
        "activity_lines": [
          53.767181,
          57.156963,
          57.230387,
          53.560595
        ]
      },
      {
        "date": "2025-11-28",
        "close": 51.854137,
        "volume": 5647463,
        "typical_volume": 17068606.75,
        "trend": 48.996287,
        "fair_value": 43.025959,
        "relative_strength": 3.080969,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.042471,
        "energy": 19.26007,
        "activity_lines": [
          52.573483,
          55.66709,
          57.004279,
          53.782815
        ]
      },
      {
        "date": "2025-12-05",
        "close": 52.984337,
        "volume": 7134962,
        "typical_volume": 16355317.6,
        "trend": 49.572161,
        "fair_value": 43.136607,
        "relative_strength": 4.044473,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.360884,
        "energy": 20.275024,
        "activity_lines": [
          52.160735,
          54.64907,
          56.81202,
          54.040109
        ]
      },
      {
        "date": "2025-12-12",
        "close": 54.533916,
        "volume": 19399945,
        "typical_volume": 15459698.65,
        "trend": 50.209595,
        "fair_value": 43.261852,
        "relative_strength": 6.068378,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.722872,
        "energy": 17.850366,
        "activity_lines": [
          52.796679,
          54.168428,
          56.706616,
          54.360222
        ]
      },
      {
        "date": "2025-12-19",
        "close": 51.121994,
        "volume": 9367899,
        "typical_volume": 15159557.05,
        "trend": 50.69266,
        "fair_value": 43.347289,
        "relative_strength": 0.340627,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -4.591337,
        "energy": 24.826436,
        "activity_lines": [
          52.389618,
          53.288177,
          56.230097,
          54.419086
        ]
      },
      {
        "date": "2025-12-26",
        "close": 54.249592,
        "volume": 9395591,
        "typical_volume": 14561734.2,
        "trend": 51.221271,
        "fair_value": 43.464518,
        "relative_strength": 2.819215,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.312681,
        "energy": 10.132084,
        "activity_lines": [
          53.144033,
          53.225238,
          56.015498,
          54.648566
        ]
      },
      {
        "date": "2026-01-02",
        "close": 56.993343,
        "volume": 10198724,
        "typical_volume": 14164157.15,
        "trend": 51.79419,
        "fair_value": 43.608441,
        "relative_strength": 8.29444,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.576894,
        "energy": 15.872582,
        "activity_lines": [
          54.492216,
          53.734571,
          56.032253,
          55.020958
        ]
      },
      {
        "date": "2026-01-09",
        "close": 58.940987,
        "volume": 19665234,
        "typical_volume": 14178716.3,
        "trend": 52.504297,
        "fair_value": 43.769837,
        "relative_strength": 6.933313,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.344315,
        "energy": 24.200874,
        "activity_lines": [
          56.146999,
          54.614821,
          56.202646,
          55.482041
        ]
      },
      {
        "date": "2026-01-16",
        "close": 65.117989,
        "volume": 22787502,
        "typical_volume": 14673549.55,
        "trend": 53.464611,
        "fair_value": 43.992213,
        "relative_strength": 16.213387,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.123201,
        "energy": 43.298688,
        "activity_lines": [
          59.463673,
          56.654997,
          56.925412,
          56.295828
        ]
      },
      {
        "date": "2026-01-23",
        "close": 69.013268,
        "volume": 18673158,
        "typical_volume": 14487573.25,
        "trend": 54.522545,
        "fair_value": 44.250162,
        "relative_strength": 21.092128,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 80.316329,
        "energy": 74.843604,
        "activity_lines": [
          63.373169,
          59.236686,
          57.940865,
          57.298967
        ]
      },
      {
        "date": "2026-01-30",
        "close": 63.284081,
        "volume": 16356032,
        "typical_volume": 13170756.5,
        "trend": 55.421966,
        "fair_value": 44.444386,
        "relative_strength": 12.353161,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.371329,
        "energy": 68.79835,
        "activity_lines": [
          64.180184,
          60.483847,
          58.338957,
          57.864227
        ]
      },
      {
        "date": "2026-02-06",
        "close": 60.803326,
        "volume": 10359350,
        "typical_volume": 12175179.9,
        "trend": 56.236799,
        "fair_value": 44.609628,
        "relative_strength": 9.805368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.628323,
        "energy": 66.402949,
        "activity_lines": [
          63.557982,
          61.028204,
          58.517474,
          58.211412
        ]
      },
      {
        "date": "2026-02-13",
        "close": 62.139664,
        "volume": 6645088,
        "typical_volume": 11710270.3,
        "trend": 56.967046,
        "fair_value": 44.784928,
        "relative_strength": 10.203691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.885597,
        "energy": 50.484227,
        "activity_lines": [
          63.127226,
          61.652819,
          58.850407,
          58.592242
        ]
      },
      {
        "date": "2026-02-27",
        "close": 60.049862,
        "volume": 5808431,
        "typical_volume": 11717212.2,
        "trend": 57.474096,
        "fair_value": 44.936066,
        "relative_strength": 3.238465,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.152556,
        "energy": 26.735358,
        "activity_lines": [
          61.786625,
          61.731009,
          59.007667,
          58.791133
        ]
      },
      {
        "date": "2026-03-06",
        "close": 56.865398,
        "volume": 7878231,
        "typical_volume": 11774963.25,
        "trend": 57.917172,
        "fair_value": 45.05302,
        "relative_strength": -0.335143,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 22.484613,
        "energy": 14.7612,
        "activity_lines": [
          59.722411,
          61.129916,
          58.893191,
          58.751862
        ]
      },
      {
        "date": "2026-03-13",
        "close": 59.35326,
        "volume": 8008781,
        "typical_volume": 11546827.0,
        "trend": 58.296985,
        "fair_value": 45.191858,
        "relative_strength": 2.825965,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.07939,
        "energy": 16.494026,
        "activity_lines": [
          59.297342,
          60.876735,
          59.05343,
          58.844513
        ]
      },
      {
        "date": "2026-03-20",
        "close": 53.31842,
        "volume": 5768164,
        "typical_volume": 11452811.0,
        "trend": 58.397448,
        "fair_value": 45.269998,
        "relative_strength": -5.051639,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.2852,
        "energy": 19.028367,
        "activity_lines": [
          57.122715,
          59.433518,
          58.633845,
          58.523315
        ]
      },
      {
        "date": "2026-03-27",
        "close": 55.706768,
        "volume": 8016069,
        "typical_volume": 11000324.05,
        "trend": 58.541033,
        "fair_value": 45.369395,
        "relative_strength": -0.25869,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -32.764584,
        "energy": 26.238049,
        "activity_lines": [
          56.243197,
          58.491362,
          58.463621,
          58.349723
        ]
      },
      {
        "date": "2026-04-03",
        "close": 54.377537,
        "volume": 6164275,
        "typical_volume": 10613156.75,
        "trend": 58.731058,
        "fair_value": 45.454378,
        "relative_strength": 0.07893,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -46.932997,
        "energy": 34.546631,
        "activity_lines": [
          55.349462,
          57.366331,
          58.191852,
          58.081111
        ]
      },
      {
        "date": "2026-04-10",
        "close": 58.045357,
        "volume": 6375081,
        "typical_volume": 10459072.9,
        "trend": 58.867535,
        "fair_value": 45.572051,
        "relative_strength": -0.608921,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -41.8979,
        "energy": 29.805464,
        "activity_lines": [
          56.056489,
          57.103458,
          58.276879,
          58.036872
        ]
      },
      {
        "date": "2026-04-17",
        "close": 60.241779,
        "volume": 8818447,
        "typical_volume": 10623421.35,
        "trend": 58.649314,
        "fair_value": 45.707881,
        "relative_strength": -1.255865,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -26.966253,
        "energy": 13.830457,
        "activity_lines": [
          57.416993,
          57.439351,
          58.546617,
          58.125533
        ]
      },
      {
        "date": "2026-04-24",
        "close": 54.377537,
        "volume": 11162324,
        "typical_volume": 10899164.4,
        "trend": 58.245095,
        "fair_value": 45.78742,
        "relative_strength": -11.336279,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.714846,
        "energy": 20.757017,
        "activity_lines": [
          56.763514,
          56.764333,
          58.206406,
          57.849934
        ]
      },
      {
        "date": "2026-05-01",
        "close": 53.019878,
        "volume": 5577383,
        "typical_volume": 10821285.45,
        "trend": 57.777615,
        "fair_value": 45.853169,
        "relative_strength": -14.520962,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -48.746046,
        "energy": 23.419286,
        "activity_lines": [
          55.586875,
          55.9593,
          57.724879,
          57.512823
        ]
      },
      {
        "date": "2026-05-08",
        "close": 57.576218,
        "volume": 5386395,
        "typical_volume": 10120607.95,
        "trend": 57.474332,
        "fair_value": 45.958782,
        "relative_strength": -9.997086,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.964036,
        "energy": 8.761997,
        "activity_lines": [
          56.108142,
          56.148507,
          57.677119,
          57.49983
        ]
      },
      {
        "date": "2026-05-15",
        "close": 83.165642,
        "volume": 37796695,
        "typical_volume": 11542047.75,
        "trend": 58.086583,
        "fair_value": 46.290986,
        "relative_strength": 28.927688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.392733,
        "energy": 66.193921,
        "activity_lines": [
          64.945971,
          61.035312,
          60.051959,
          59.157334
        ]
      },
      {
        "date": "2026-05-22",
        "close": 75.694954,
        "volume": 29334159,
        "typical_volume": 12538976.15,
        "trend": 58.666847,
        "fair_value": 46.551198,
        "relative_strength": 16.334121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.897385,
        "energy": 74.967971,
        "activity_lines": [
          69.618886,
          64.085624,
          61.562717,
          60.293358
        ]
      },
      {
        "date": "2026-05-29",
        "close": 65.409424,
        "volume": 13564809,
        "typical_volume": 12707280.4,
        "trend": 58.916581,
        "fair_value": 46.716621,
        "relative_strength": 0.399072,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.720869,
        "energy": 66.900962,
        "activity_lines": [
          69.833078,
          64.968718,
          61.99178,
          60.728363
        ]
      },
      {
        "date": "2026-06-05",
        "close": 64.613312,
        "volume": 10972581,
        "typical_volume": 12272647.75,
        "trend": 59.038131,
        "fair_value": 46.872245,
        "relative_strength": 0.680577,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.408126,
        "energy": 65.117674,
        "activity_lines": [
          69.046441,
          65.487227,
          62.304947,
          61.095894
        ]
      },
      {
        "date": "2026-06-12",
        "close": 61.48571,
        "volume": 7866960,
        "typical_volume": 11526620.65,
        "trend": 59.222706,
        "fair_value": 46.998223,
        "relative_strength": -2.033681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.641667,
        "energy": 31.869401,
        "activity_lines": [
          66.444375,
          65.275145,
          62.293235,
          61.253802
        ]
      },
      {
        "date": "2026-06-19",
        "close": 66.540001,
        "volume": 8580559,
        "typical_volume": 11021990.7,
        "trend": 59.677168,
        "fair_value": 47.165247,
        "relative_strength": -1.234942,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.506939,
        "energy": 18.176634,
        "activity_lines": [
          65.266439,
          65.852785,
          62.780181,
          61.725886
        ]
      },
      {
        "date": "2026-06-26",
        "close": 49.349998,
        "volume": 2642718,
        "typical_volume": 10336325.0,
        "trend": 59.674256,
        "fair_value": 47.183762,
        "relative_strength": -25.425388,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.67964,
        "energy": 18.57862,
        "activity_lines": [
          59.466878,
          63.150521,
          61.641761,
          61.059617
        ]
      },
      {
        "date": "2026-07-03",
        "close": 54.169998,
        "volume": 4004642,
        "typical_volume": 10018589.6,
        "trend": 59.751452,
        "fair_value": 47.242469,
        "relative_strength": -17.127249,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.635704,
        "energy": 19.983305,
        "activity_lines": [
          57.030314,
          61.522654,
          61.028741,
          60.704503
        ]
      },
      {
        "date": "2026-07-10",
        "close": 44.310001,
        "volume": 15502959,
        "typical_volume": 10461483.15,
        "trend": 59.462307,
        "fair_value": 47.218032,
        "relative_strength": -29.565365,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -43.420838,
        "energy": 44.210862,
        "activity_lines": [
          52.05638,
          58.105834,
          59.508262,
          59.708281
        ]
      },
      {
        "date": "2026-07-17",
        "close": 37.43,
        "volume": 11630773,
        "typical_volume": 10752600.25,
        "trend": 58.892177,
        "fair_value": 47.137139,
        "relative_strength": -34.484584,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -78.771931,
        "energy": 77.161739,
        "activity_lines": [
          46.142666,
          53.596466,
          57.417447,
          58.286842
        ]
      },
      {
        "date": "2026-07-24",
        "close": 34.549999,
        "volume": 12889519,
        "typical_volume": 11003164.65,
        "trend": 58.339777,
        "fair_value": 47.033966,
        "relative_strength": -39.494351,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.313939,
        "energy": 82.791966,
        "activity_lines": [
          40.872666,
          48.929756,
          55.16006,
          56.716378
        ]
      },
      {
        "date": "2026-07-31",
        "close": 36.110001,
        "volume": 10158631,
        "typical_volume": 11110657.15,
        "trend": 57.735124,
        "fair_value": 46.945153,
        "relative_strength": -35.444825,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.862876,
        "energy": 82.828886,
        "activity_lines": [
          38.255333,
          45.430603,
          53.157509,
          55.282199
        ]
      },
      {
        "date": "2026-08-07",
        "close": 39.939999,
        "volume": 11433312,
        "typical_volume": 11393914.55,
        "trend": 57.166679,
        "fair_value": 46.88866,
        "relative_strength": -31.87719,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.914827,
        "energy": 78.266535,
        "activity_lines": [
          37.797333,
          43.34754,
          51.630402,
          54.134127
        ]
      }
    ],
    "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."
    }
  }
}