{
  "ticker": {
    "uuid": "05b394d9-2466-4905-884a-ca7d529f9dee",
    "symbol": "MFEC",
    "name": "Amundi Core MSCI EMU UCITS ETF Acc",
    "exchange": "PAR",
    "country": "FR",
    "assetType": "etf"
  },
  "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": "^FCHI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 79.379,
    "architecture_energy": 59.342,
    "architecture_maturity": 56.585,
    "architecture_confidence": 77.55,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 12.77,
        "rotation_up": 52.58,
        "upward_expansion": 80.46,
        "deceleration": 67.05,
        "rotation_down": 27.1,
        "downward_expansion": 9.46
      },
      "activity_lines": [
        19.165734,
        19.095891,
        18.738772,
        18.390744
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 19.558001,
    "trend_reference": 18.027933,
    "distance_from_trend": 0.084872,
    "trend_direction": "Improving",
    "fair_value": 14.854235,
    "distance_from_fair_value": 0.316662,
    "fair_value_direction": "Improving",
    "relative_strength": 5.394505,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.11125,
    "excess_performance": 0.057939,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.084872,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.042161,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.316662,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.068363,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.053945,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.00945,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.11125,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.259314,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 158103,
      "relative_activity": 0.700509,
      "balance": 3.259314,
      "dry_up": 0.285437,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.022843,
      "annualized_volatility": 0.166838,
      "from_high_reference": -0.005188,
      "from_low_reference": 0.261807
    },
    "levels": {
      "trend_reference": 18.027933,
      "fair_value_reference": 14.854235,
      "structural_low": 15.916,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 35,
        "median_return": 0.013604,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.007261,
        "regime_survival": 0.771429,
        "best_return": 0.078688,
        "worst_return": -0.092104,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": 0.031279,
        "positive_rate": 0.833333,
        "directional_follow_through": 0.833333,
        "median_excess_return": 0.013389,
        "regime_survival": 0.666667,
        "best_return": 0.11617,
        "worst_return": -0.0959,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.062536,
        "positive_rate": 0.857143,
        "directional_follow_through": 0.857143,
        "median_excess_return": 0.016282,
        "regime_survival": 0.428571,
        "best_return": 0.149412,
        "worst_return": -0.170535,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.126869,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.077088,
        "regime_survival": 0.5,
        "best_return": 0.201516,
        "worst_return": -0.036089,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-08-18",
        "end": "2023-10-13",
        "tenure": "Developing",
        "return": -0.024344,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-10-20",
        "end": "2023-12-01",
        "tenure": "Developing",
        "return": 0.09734,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2023-12-08",
        "end": "2023-12-29",
        "tenure": "New",
        "return": 0.001291,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-01-05",
        "end": "2024-06-21",
        "tenure": "Established",
        "return": 0.104468,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-28",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.035582,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-16",
        "end": "2024-08-23",
        "tenure": "New",
        "return": 0.015222,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-30",
        "end": "2024-10-18",
        "tenure": "Developing",
        "return": 0.009144,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-25",
        "end": "2024-11-01",
        "tenure": "New",
        "return": -0.009889,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-08",
        "end": "2025-01-17",
        "tenure": "Developing",
        "return": 0.065793,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-24",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.057478,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-11",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.150517,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2026-03-13",
        "tenure": "Extended",
        "return": 0.098703,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.078429,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.096669,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 11.666,
        "volume": 3277,
        "typical_volume": 3389.85,
        "trend": 11.791,
        "fair_value": 10.749538,
        "relative_strength": 0.978918,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.857064,
        "energy": 8.097055,
        "activity_lines": [
          11.9232,
          11.969491,
          11.957286,
          11.889428
        ]
      },
      {
        "date": "2023-08-25",
        "close": 11.74,
        "volume": 3109,
        "typical_volume": 3512.6,
        "trend": 11.800667,
        "fair_value": 10.768096,
        "relative_strength": 0.680807,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.530481,
        "energy": 14.238924,
        "activity_lines": [
          11.832133,
          11.925745,
          11.938914,
          11.886138
        ]
      },
      {
        "date": "2023-09-01",
        "close": 11.896,
        "volume": 642,
        "typical_volume": 3529.45,
        "trend": 11.808867,
        "fair_value": 10.788609,
        "relative_strength": 1.060966,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.238999,
        "energy": 16.591383,
        "activity_lines": [
          11.82,
          11.917345,
          11.935305,
          11.892288
        ]
      },
      {
        "date": "2023-09-08",
        "close": 11.742,
        "volume": 956,
        "typical_volume": 3155.1,
        "trend": 11.816467,
        "fair_value": 10.807276,
        "relative_strength": 0.519105,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.10194,
        "energy": 19.929289,
        "activity_lines": [
          11.7856,
          11.877964,
          11.917057,
          11.887974
        ]
      },
      {
        "date": "2023-09-15",
        "close": 11.882,
        "volume": 15234,
        "typical_volume": 3039.3,
        "trend": 11.821333,
        "fair_value": 10.827013,
        "relative_strength": -0.179985,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.912288,
        "energy": 13.753758,
        "activity_lines": [
          11.814133,
          11.870291,
          11.912933,
          11.892202
        ]
      },
      {
        "date": "2023-09-22",
        "close": 11.652,
        "volume": 2079,
        "typical_volume": 3120.45,
        "trend": 11.825067,
        "fair_value": 10.847596,
        "relative_strength": 0.525876,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.16228,
        "energy": 16.766928,
        "activity_lines": [
          11.769733,
          11.817345,
          11.887038,
          11.881277
        ]
      },
      {
        "date": "2023-09-29",
        "close": 11.552,
        "volume": 2274,
        "typical_volume": 3175.6,
        "trend": 11.8202,
        "fair_value": 10.866551,
        "relative_strength": 0.345008,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -35.998798,
        "energy": 33.514952,
        "activity_lines": [
          11.692933,
          11.754473,
          11.852229,
          11.86366
        ]
      },
      {
        "date": "2023-10-06",
        "close": 11.4,
        "volume": 41002,
        "typical_volume": 5085.95,
        "trend": 11.8154,
        "fair_value": 10.882853,
        "relative_strength": 0.058014,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -42.938096,
        "energy": 50.063096,
        "activity_lines": [
          11.578,
          11.674727,
          11.804495,
          11.836551
        ]
      },
      {
        "date": "2023-10-13",
        "close": 11.382,
        "volume": 28910,
        "typical_volume": 6140.05,
        "trend": 11.825467,
        "fair_value": 10.899365,
        "relative_strength": 0.657432,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -70.288939,
        "energy": 69.890724,
        "activity_lines": [
          11.490133,
          11.608655,
          11.758238,
          11.808589
        ]
      },
      {
        "date": "2023-10-20",
        "close": 11.054,
        "volume": 2359,
        "typical_volume": 5691.45,
        "trend": 11.820667,
        "fair_value": 10.914481,
        "relative_strength": 0.409467,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.896389,
        "energy": 80.3613,
        "activity_lines": [
          11.316933,
          11.493927,
          11.683229,
          11.758817
        ]
      },
      {
        "date": "2023-10-27",
        "close": 11.05,
        "volume": 151611,
        "typical_volume": 13242.8,
        "trend": 11.800267,
        "fair_value": 10.933301,
        "relative_strength": 0.638815,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.202666,
        "energy": 83.157316,
        "activity_lines": [
          11.1976,
          11.394545,
          11.61201,
          11.709097
        ]
      },
      {
        "date": "2023-11-03",
        "close": 11.502,
        "volume": 32904,
        "typical_volume": 14878.3,
        "trend": 11.793,
        "fair_value": 10.951192,
        "relative_strength": 0.946076,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.74979,
        "energy": 69.795523,
        "activity_lines": [
          11.269067,
          11.388545,
          11.587648,
          11.689854
        ]
      },
      {
        "date": "2023-11-10",
        "close": 11.52,
        "volume": 18229,
        "typical_volume": 15621.85,
        "trend": 11.780267,
        "fair_value": 10.965494,
        "relative_strength": 1.112094,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.691149,
        "energy": 45.796159,
        "activity_lines": [
          11.349867,
          11.390145,
          11.567962,
          11.672241
        ]
      },
      {
        "date": "2023-11-17",
        "close": 11.906,
        "volume": 32370,
        "typical_volume": 17181.25,
        "trend": 11.7802,
        "fair_value": 10.981462,
        "relative_strength": 1.73309,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.80101,
        "energy": 13.981532,
        "activity_lines": [
          11.551333,
          11.468764,
          11.586048,
          11.680353
        ]
      },
      {
        "date": "2023-11-24",
        "close": 12.006,
        "volume": 691,
        "typical_volume": 17076.75,
        "trend": 11.7834,
        "fair_value": 10.997006,
        "relative_strength": 1.723379,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -0.796435,
        "energy": 21.934741,
        "activity_lines": [
          11.7512,
          11.562582,
          11.614514,
          11.69492
        ]
      },
      {
        "date": "2023-12-01",
        "close": 12.13,
        "volume": 20314,
        "typical_volume": 18061.75,
        "trend": 11.795067,
        "fair_value": 11.013135,
        "relative_strength": 1.987923,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 34.865521,
        "energy": 41.019806,
        "activity_lines": [
          11.928933,
          11.676691,
          11.653295,
          11.717282
        ]
      },
      {
        "date": "2023-12-08",
        "close": 12.398,
        "volume": 1158,
        "typical_volume": 18029.4,
        "trend": 11.8124,
        "fair_value": 11.031801,
        "relative_strength": 1.701919,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 47.993245,
        "energy": 67.299058,
        "activity_lines": [
          12.124,
          11.830836,
          11.717486,
          11.756181
        ]
      },
      {
        "date": "2023-12-15",
        "close": 12.498,
        "volume": 8537,
        "typical_volume": 18389.35,
        "trend": 11.826667,
        "fair_value": 11.050077,
        "relative_strength": 1.560084,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.773826,
        "energy": 76.914638,
        "activity_lines": [
          12.292667,
          11.987782,
          11.78999,
          11.800413
        ]
      },
      {
        "date": "2023-12-22",
        "close": 12.432,
        "volume": 15956,
        "typical_volume": 19147.3,
        "trend": 11.844267,
        "fair_value": 11.067872,
        "relative_strength": 1.368263,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.534389,
        "energy": 79.260282,
        "activity_lines": [
          12.374133,
          12.112764,
          11.855419,
          11.839467
        ]
      },
      {
        "date": "2023-12-29",
        "close": 12.414,
        "volume": 2178,
        "typical_volume": 19189.5,
        "trend": 11.8604,
        "fair_value": 11.085256,
        "relative_strength": 1.536879,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 67.81744,
        "energy": 87.40977,
        "activity_lines": [
          12.414533,
          12.215382,
          11.91701,
          11.876224
        ]
      },
      {
        "date": "2024-01-05",
        "close": 12.31,
        "volume": 7146,
        "typical_volume": 19382.95,
        "trend": 11.875733,
        "fair_value": 11.100301,
        "relative_strength": 2.270856,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.808345,
        "energy": 81.780597,
        "activity_lines": [
          12.393067,
          12.274364,
          11.966429,
          11.90523
        ]
      },
      {
        "date": "2024-01-12",
        "close": 12.34,
        "volume": 2704,
        "typical_volume": 19362.7,
        "trend": 11.882933,
        "fair_value": 11.116314,
        "relative_strength": 1.869764,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.102106,
        "energy": 63.563016,
        "activity_lines": [
          12.3696,
          12.315891,
          12.015638,
          11.935183
        ]
      },
      {
        "date": "2024-01-19",
        "close": 12.262,
        "volume": 10520,
        "typical_volume": 19856.6,
        "trend": 11.9006,
        "fair_value": 11.131776,
        "relative_strength": 2.449878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.447792,
        "energy": 48.492467,
        "activity_lines": [
          12.324,
          12.328,
          12.054562,
          11.959639
        ]
      },
      {
        "date": "2024-01-26",
        "close": 12.694,
        "volume": 4677,
        "typical_volume": 20042.65,
        "trend": 11.920867,
        "fair_value": 11.15191,
        "relative_strength": 2.35243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.303153,
        "energy": 60.780868,
        "activity_lines": [
          12.438133,
          12.405164,
          12.132886,
          12.010826
        ]
      },
      {
        "date": "2024-02-02",
        "close": 12.684,
        "volume": 27758,
        "typical_volume": 20668.85,
        "trend": 11.953933,
        "fair_value": 11.169077,
        "relative_strength": 2.762739,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.023318,
        "energy": 74.274793,
        "activity_lines": [
          12.531467,
          12.466182,
          12.205724,
          12.06006
        ]
      },
      {
        "date": "2024-02-09",
        "close": 12.784,
        "volume": 14521,
        "typical_volume": 21290.95,
        "trend": 11.976533,
        "fair_value": 11.186423,
        "relative_strength": 2.755558,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.363525,
        "energy": 88.258004,
        "activity_lines": [
          12.640133,
          12.533055,
          12.284267,
          12.113613
        ]
      },
      {
        "date": "2024-02-16",
        "close": 12.944,
        "volume": 3698,
        "typical_volume": 21362.15,
        "trend": 12.0032,
        "fair_value": 11.204603,
        "relative_strength": 2.342031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.040934,
        "energy": 94.256439,
        "activity_lines": [
          12.770533,
          12.617127,
          12.372657,
          12.17603
        ]
      },
      {
        "date": "2024-02-23",
        "close": 13.15,
        "volume": 37852,
        "typical_volume": 21204.65,
        "trend": 12.030467,
        "fair_value": 11.225327,
        "relative_strength": 1.326344,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.80683,
        "energy": 95.704061,
        "activity_lines": [
          12.929333,
          12.728727,
          12.474038,
          12.250017
        ]
      },
      {
        "date": "2024-03-01",
        "close": 13.186,
        "volume": 11098,
        "typical_volume": 20314.05,
        "trend": 12.070467,
        "fair_value": 11.245955,
        "relative_strength": 1.93588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.269837,
        "energy": 94.725036,
        "activity_lines": [
          13.040933,
          12.835018,
          12.570514,
          12.324568
        ]
      },
      {
        "date": "2024-03-08",
        "close": 13.348,
        "volume": 5704,
        "typical_volume": 20481.3,
        "trend": 12.117467,
        "fair_value": 11.265045,
        "relative_strength": 1.905216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.819833,
        "energy": 95.731637,
        "activity_lines": [
          13.173733,
          12.957055,
          12.673829,
          12.406989
        ]
      },
      {
        "date": "2024-03-15",
        "close": 13.41,
        "volume": 43169,
        "typical_volume": 15059.2,
        "trend": 12.1756,
        "fair_value": 11.284506,
        "relative_strength": 0.618367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.266867,
        "energy": 93.16359,
        "activity_lines": [
          13.282933,
          13.073382,
          12.772124,
          12.490378
        ]
      },
      {
        "date": "2024-03-22",
        "close": 13.566,
        "volume": 46010,
        "typical_volume": 15714.5,
        "trend": 12.236467,
        "fair_value": 11.304455,
        "relative_strength": 1.862628,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.745701,
        "energy": 91.446685,
        "activity_lines": [
          13.4024,
          13.198073,
          12.874038,
          12.580082
        ]
      },
      {
        "date": "2024-03-29",
        "close": 13.708,
        "volume": 1485,
        "typical_volume": 14877.3,
        "trend": 12.296867,
        "fair_value": 11.323917,
        "relative_strength": 2.159253,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.659983,
        "energy": 84.608585,
        "activity_lines": [
          13.527733,
          13.326291,
          12.979648,
          12.675019
        ]
      },
      {
        "date": "2024-04-05",
        "close": 13.518,
        "volume": 10869,
        "typical_volume": 13802.25,
        "trend": 12.356067,
        "fair_value": 11.341776,
        "relative_strength": 2.456511,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.339772,
        "energy": 68.298793,
        "activity_lines": [
          13.552533,
          13.393673,
          13.056743,
          12.753802
        ]
      },
      {
        "date": "2024-04-12",
        "close": 13.394,
        "volume": 5624,
        "typical_volume": 14048.9,
        "trend": 12.406467,
        "fair_value": 11.357968,
        "relative_strength": 2.04944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.483699,
        "energy": 66.672151,
        "activity_lines": [
          13.513867,
          13.423527,
          13.114352,
          12.820766
        ]
      },
      {
        "date": "2024-04-19",
        "close": 13.292,
        "volume": 651,
        "typical_volume": 13065.75,
        "trend": 12.461133,
        "fair_value": 11.37375,
        "relative_strength": 1.025015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.311694,
        "energy": 62.135212,
        "activity_lines": [
          13.438133,
          13.421927,
          13.155638,
          12.877897
        ]
      },
      {
        "date": "2024-04-26",
        "close": 13.616,
        "volume": 2683,
        "typical_volume": 13142.0,
        "trend": 12.529933,
        "fair_value": 11.391917,
        "relative_strength": 2.532704,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.661508,
        "energy": 63.517109,
        "activity_lines": [
          13.478267,
          13.47,
          13.222248,
          12.952404
        ]
      },
      {
        "date": "2024-05-03",
        "close": 13.482,
        "volume": 2117,
        "typical_volume": 12821.0,
        "trend": 12.599333,
        "fair_value": 11.407904,
        "relative_strength": 3.058697,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.982057,
        "energy": 49.224738,
        "activity_lines": [
          13.4704,
          13.481491,
          13.270295,
          13.013828
        ]
      },
      {
        "date": "2024-05-10",
        "close": 13.948,
        "volume": 2576,
        "typical_volume": 12152.0,
        "trend": 12.684867,
        "fair_value": 11.427096,
        "relative_strength": 3.113024,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.467639,
        "energy": 65.54026,
        "activity_lines": [
          13.632933,
          13.571673,
          13.358038,
          13.100839
        ]
      },
      {
        "date": "2024-05-17",
        "close": 13.996,
        "volume": 13275,
        "typical_volume": 12706.85,
        "trend": 12.782933,
        "fair_value": 11.446314,
        "relative_strength": 3.997424,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.092735,
        "energy": 71.167622,
        "activity_lines": [
          13.7828,
          13.656727,
          13.443133,
          13.185428
        ]
      },
      {
        "date": "2024-05-24",
        "close": 13.958,
        "volume": 12264,
        "typical_volume": 12962.75,
        "trend": 12.879867,
        "fair_value": 11.464353,
        "relative_strength": 4.524947,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.590588,
        "energy": 73.886588,
        "activity_lines": [
          13.879867,
          13.723091,
          13.517076,
          13.261239
        ]
      },
      {
        "date": "2024-05-31",
        "close": 13.824,
        "volume": 52920,
        "typical_volume": 15473.55,
        "trend": 12.957267,
        "fair_value": 11.481096,
        "relative_strength": 4.735548,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.71834,
        "energy": 69.050022,
        "activity_lines": [
          13.887867,
          13.755127,
          13.57041,
          13.322151
        ]
      },
      {
        "date": "2024-06-07",
        "close": 13.982,
        "volume": 24502,
        "typical_volume": 16172.65,
        "trend": 13.039333,
        "fair_value": 11.498109,
        "relative_strength": 5.685754,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.99731,
        "energy": 63.015436,
        "activity_lines": [
          13.934667,
          13.8112,
          13.631724,
          13.388262
        ]
      },
      {
        "date": "2024-06-14",
        "close": 13.432,
        "volume": 46288,
        "typical_volume": 18253.2,
        "trend": 13.0902,
        "fair_value": 11.512378,
        "relative_strength": 8.086543,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.918808,
        "energy": 42.484761,
        "activity_lines": [
          13.7648,
          13.762291,
          13.632467,
          13.413596
        ]
      },
      {
        "date": "2024-06-21",
        "close": 13.596,
        "volume": 32172,
        "typical_volume": 18473.9,
        "trend": 13.1432,
        "fair_value": 11.526776,
        "relative_strength": 7.429012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.467392,
        "energy": 26.927397,
        "activity_lines": [
          13.684,
          13.744764,
          13.645314,
          13.446228
        ]
      },
      {
        "date": "2024-06-28",
        "close": 13.49,
        "volume": 16477,
        "typical_volume": 18571.7,
        "trend": 13.188533,
        "fair_value": 11.541006,
        "relative_strength": 8.503014,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.470673,
        "energy": 21.651875,
        "activity_lines": [
          13.594533,
          13.704291,
          13.643724,
          13.468602
        ]
      },
      {
        "date": "2024-07-05",
        "close": 13.75,
        "volume": 13178,
        "typical_volume": 19045.7,
        "trend": 13.2336,
        "fair_value": 11.557019,
        "relative_strength": 7.583581,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.531114,
        "energy": 24.381416,
        "activity_lines": [
          13.622933,
          13.707491,
          13.663533,
          13.504826
        ]
      },
      {
        "date": "2024-07-12",
        "close": 13.958,
        "volume": 8081,
        "typical_volume": 17557.15,
        "trend": 13.282267,
        "fair_value": 11.574942,
        "relative_strength": 8.31554,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.911032,
        "energy": 28.060378,
        "activity_lines": [
          13.7256,
          13.746073,
          13.699314,
          13.551561
        ]
      },
      {
        "date": "2024-07-19",
        "close": 13.45,
        "volume": 40546,
        "typical_volume": 19029.55,
        "trend": 13.3162,
        "fair_value": 11.58825,
        "relative_strength": 6.816386,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.571891,
        "energy": 13.240623,
        "activity_lines": [
          13.660533,
          13.683636,
          13.682867,
          13.562383
        ]
      },
      {
        "date": "2024-07-26",
        "close": 13.512,
        "volume": 9339,
        "typical_volume": 19211.3,
        "trend": 13.3528,
        "fair_value": 11.602147,
        "relative_strength": 7.366395,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.669928,
        "energy": 9.831713,
        "activity_lines": [
          13.614933,
          13.641527,
          13.671067,
          13.575015
        ]
      },
      {
        "date": "2024-08-02",
        "close": 12.93,
        "volume": 10479,
        "typical_volume": 17576.8,
        "trend": 13.373467,
        "fair_value": 11.610737,
        "relative_strength": 6.332282,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -17.135132,
        "energy": 20.797326,
        "activity_lines": [
          13.380933,
          13.5024,
          13.603057,
          13.547738
        ]
      },
      {
        "date": "2024-08-09",
        "close": 13.01,
        "volume": 22293,
        "typical_volume": 16390.95,
        "trend": 13.3958,
        "fair_value": 11.618865,
        "relative_strength": 6.527169,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -33.080349,
        "energy": 48.194943,
        "activity_lines": [
          13.210933,
          13.396509,
          13.544952,
          13.524288
        ]
      },
      {
        "date": "2024-08-16",
        "close": 13.402,
        "volume": 1816,
        "typical_volume": 16407.5,
        "trend": 13.4338,
        "fair_value": 11.630917,
        "relative_strength": 6.876858,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.559797,
        "energy": 44.237021,
        "activity_lines": [
          13.220933,
          13.376691,
          13.526829,
          13.524688
        ]
      },
      {
        "date": "2024-08-23",
        "close": 13.606,
        "volume": 2017,
        "typical_volume": 15964.9,
        "trend": 13.4642,
        "fair_value": 11.643596,
        "relative_strength": 6.47119,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.527389,
        "energy": 33.430008,
        "activity_lines": [
          13.336,
          13.404509,
          13.52959,
          13.535798
        ]
      },
      {
        "date": "2024-08-30",
        "close": 13.78,
        "volume": 43848,
        "typical_volume": 17876.1,
        "trend": 13.500733,
        "fair_value": 11.657301,
        "relative_strength": 6.857164,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.821814,
        "energy": 5.887615,
        "activity_lines": [
          13.498667,
          13.4608,
          13.548505,
          13.556172
        ]
      },
      {
        "date": "2024-09-06",
        "close": 13.264,
        "volume": 18091,
        "typical_volume": 18748.1,
        "trend": 13.516733,
        "fair_value": 11.668288,
        "relative_strength": 6.53291,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -11.785001,
        "energy": 11.92935,
        "activity_lines": [
          13.471467,
          13.419927,
          13.516438,
          13.540899
        ]
      },
      {
        "date": "2024-09-13",
        "close": 13.542,
        "volume": 22831,
        "typical_volume": 19755.5,
        "trend": 13.536667,
        "fair_value": 11.681724,
        "relative_strength": 6.872845,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.816614,
        "energy": 9.727772,
        "activity_lines": [
          13.514667,
          13.433709,
          13.510981,
          13.542529
        ]
      },
      {
        "date": "2024-09-20",
        "close": 13.59,
        "volume": 976,
        "typical_volume": 19698.45,
        "trend": 13.551333,
        "fair_value": 11.695173,
        "relative_strength": 6.521499,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -20.539418,
        "energy": 14.116731,
        "activity_lines": [
          13.5384,
          13.46,
          13.510448,
          13.54597
        ]
      },
      {
        "date": "2024-09-27",
        "close": 14.1,
        "volume": 1839,
        "typical_volume": 19661.6,
        "trend": 13.5818,
        "fair_value": 11.713891,
        "relative_strength": 6.155234,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.485118,
        "energy": 27.740375,
        "activity_lines": [
          13.7196,
          13.585709,
          13.557971,
          13.581368
        ]
      },
      {
        "date": "2024-10-04",
        "close": 13.826,
        "volume": 54340,
        "typical_volume": 21714.85,
        "trend": 13.597733,
        "fair_value": 11.730327,
        "relative_strength": 7.284369,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.883431,
        "energy": 29.881523,
        "activity_lines": [
          13.776533,
          13.649782,
          13.578676,
          13.597123
        ]
      },
      {
        "date": "2024-10-11",
        "close": 13.906,
        "volume": 44576,
        "typical_volume": 23330.45,
        "trend": 13.614267,
        "fair_value": 11.745506,
        "relative_strength": 7.131916,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 29.928462,
        "energy": 42.375719,
        "activity_lines": [
          13.857067,
          13.722691,
          13.60781,
          13.617011
        ]
      },
      {
        "date": "2024-10-18",
        "close": 13.906,
        "volume": 72705,
        "typical_volume": 24319.7,
        "trend": 13.6256,
        "fair_value": 11.760391,
        "relative_strength": 6.392422,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 58.883228,
        "energy": 56.671686,
        "activity_lines": [
          13.8948,
          13.777855,
          13.63719,
          13.635832
        ]
      },
      {
        "date": "2024-10-25",
        "close": 13.752,
        "volume": 53785,
        "typical_volume": 25783.85,
        "trend": 13.627067,
        "fair_value": 11.773532,
        "relative_strength": 6.586715,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.979637,
        "energy": 41.149234,
        "activity_lines": [
          13.856933,
          13.788727,
          13.651514,
          13.643987
        ]
      },
      {
        "date": "2024-11-01",
        "close": 13.616,
        "volume": 28220,
        "typical_volume": 24880.45,
        "trend": 13.630333,
        "fair_value": 11.783981,
        "relative_strength": 6.547309,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.100958,
        "energy": 20.922411,
        "activity_lines": [
          13.762933,
          13.768509,
          13.653981,
          13.643273
        ]
      },
      {
        "date": "2024-11-08",
        "close": 13.436,
        "volume": 15118,
        "typical_volume": 24027.75,
        "trend": 13.631733,
        "fair_value": 11.793147,
        "relative_strength": 5.916897,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -11.408516,
        "energy": 10.239413,
        "activity_lines": [
          13.6412,
          13.715382,
          13.638429,
          13.630735
        ]
      },
      {
        "date": "2024-11-15",
        "close": 13.408,
        "volume": 19741,
        "typical_volume": 24190.95,
        "trend": 13.6356,
        "fair_value": 11.802301,
        "relative_strength": 6.46483,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.606013,
        "energy": 20.013998,
        "activity_lines": [
          13.536133,
          13.663418,
          13.620971,
          13.616301
        ]
      },
      {
        "date": "2024-11-22",
        "close": 13.438,
        "volume": 25009,
        "typical_volume": 24782.5,
        "trend": 13.629667,
        "fair_value": 11.815609,
        "relative_strength": 6.674182,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -34.078662,
        "energy": 28.630926,
        "activity_lines": [
          13.474267,
          13.614291,
          13.606762,
          13.603553
        ]
      },
      {
        "date": "2024-11-29",
        "close": 13.476,
        "volume": 84631,
        "typical_volume": 28610.0,
        "trend": 13.629467,
        "fair_value": 11.829468,
        "relative_strength": 7.019525,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -42.496058,
        "energy": 33.768727,
        "activity_lines": [
          13.456267,
          13.573964,
          13.597657,
          13.593639
        ]
      },
      {
        "date": "2024-12-06",
        "close": 13.916,
        "volume": 97674,
        "typical_volume": 31466.4,
        "trend": 13.6284,
        "fair_value": 11.844276,
        "relative_strength": 7.391427,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 2.225727,
        "energy": 5.130402,
        "activity_lines": [
          13.603333,
          13.615709,
          13.632752,
          13.612125
        ]
      },
      {
        "date": "2024-12-13",
        "close": 13.82,
        "volume": 571603,
        "typical_volume": 59579.6,
        "trend": 13.622533,
        "fair_value": 11.859147,
        "relative_strength": 6.641136,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 38.075395,
        "energy": 19.54973,
        "activity_lines": [
          13.6984,
          13.643345,
          13.656486,
          13.624486
        ]
      },
      {
        "date": "2024-12-20",
        "close": 13.564,
        "volume": 27596,
        "typical_volume": 60435.45,
        "trend": 13.6094,
        "fair_value": 11.870532,
        "relative_strength": 6.349731,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.470453,
        "energy": 16.556386,
        "activity_lines": [
          13.682533,
          13.624545,
          13.654371,
          13.62071
        ]
      },
      {
        "date": "2024-12-27",
        "close": 13.604,
        "volume": 1960,
        "typical_volume": 59418.8,
        "trend": 13.602067,
        "fair_value": 11.881647,
        "relative_strength": 5.255038,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 28.698467,
        "energy": 19.249685,
        "activity_lines": [
          13.6696,
          13.619236,
          13.653048,
          13.620361
        ]
      },
      {
        "date": "2025-01-03",
        "close": 13.606,
        "volume": 2178,
        "typical_volume": 59436.9,
        "trend": 13.589533,
        "fair_value": 11.892583,
        "relative_strength": 6.084714,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.32009,
        "energy": 11.860369,
        "activity_lines": [
          13.646267,
          13.619782,
          13.649086,
          13.620615
        ]
      },
      {
        "date": "2025-01-10",
        "close": 13.856,
        "volume": 89882,
        "typical_volume": 63830.15,
        "trend": 13.603667,
        "fair_value": 11.905737,
        "relative_strength": 5.626329,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 49.716467,
        "energy": 20.223711,
        "activity_lines": [
          13.6976,
          13.668436,
          13.667962,
          13.637806
        ]
      },
      {
        "date": "2025-01-17",
        "close": 14.32,
        "volume": 56388,
        "typical_volume": 64457.15,
        "trend": 13.6278,
        "fair_value": 11.923045,
        "relative_strength": 4.995293,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 71.234555,
        "energy": 57.652267,
        "activity_lines": [
          13.9076,
          13.797091,
          13.729838,
          13.684022
        ]
      },
      {
        "date": "2025-01-24",
        "close": 14.51,
        "volume": 59319,
        "typical_volume": 66518.55,
        "trend": 13.6618,
        "fair_value": 11.943224,
        "relative_strength": 3.276506,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.815288,
        "energy": 75.70633,
        "activity_lines": [
          14.1476,
          13.944218,
          13.807238,
          13.740938
        ]
      },
      {
        "date": "2025-01-31",
        "close": 14.684,
        "volume": 26934,
        "typical_volume": 66723.7,
        "trend": 13.692933,
        "fair_value": 11.96484,
        "relative_strength": 4.019468,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.789671,
        "energy": 85.916606,
        "activity_lines": [
          14.382533,
          14.102945,
          13.895276,
          13.806886
        ]
      },
      {
        "date": "2025-02-07",
        "close": 14.794,
        "volume": 288998,
        "typical_volume": 81124.8,
        "trend": 13.7208,
        "fair_value": 11.986135,
        "relative_strength": 4.290557,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.823581,
        "energy": 89.662144,
        "activity_lines": [
          14.582133,
          14.259018,
          13.988352,
          13.877923
        ]
      },
      {
        "date": "2025-02-14",
        "close": 15.188,
        "volume": 63839,
        "typical_volume": 84224.8,
        "trend": 13.778733,
        "fair_value": 12.011314,
        "relative_strength": 4.162877,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.261677,
        "energy": 95.211144,
        "activity_lines": [
          14.833867,
          14.462764,
          14.113219,
          13.972581
        ]
      },
      {
        "date": "2025-02-21",
        "close": 15.126,
        "volume": 190982,
        "typical_volume": 91056.9,
        "trend": 13.832533,
        "fair_value": 12.038006,
        "relative_strength": 3.814591,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.23922,
        "energy": 91.632563,
        "activity_lines": [
          14.976133,
          14.632109,
          14.227,
          14.059501
        ]
      },
      {
        "date": "2025-02-28",
        "close": 15.1,
        "volume": 55341,
        "typical_volume": 91595.15,
        "trend": 13.904867,
        "fair_value": 12.071808,
        "relative_strength": 3.960654,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.162241,
        "energy": 87.994802,
        "activity_lines": [
          15.056,
          14.772982,
          14.332114,
          14.141273
        ]
      },
      {
        "date": "2025-03-07",
        "close": 15.238,
        "volume": 6011,
        "typical_volume": 88260.45,
        "trend": 13.979133,
        "fair_value": 12.104256,
        "relative_strength": 4.552294,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.598905,
        "energy": 86.626303,
        "activity_lines": [
          15.142533,
          14.911018,
          14.444686,
          14.227282
        ]
      },
      {
        "date": "2025-03-14",
        "close": 15.102,
        "volume": 75426,
        "typical_volume": 89342.5,
        "trend": 14.0358,
        "fair_value": 12.132013,
        "relative_strength": 4.546013,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.641124,
        "energy": 64.578402,
        "activity_lines": [
          15.1468,
          14.994618,
          14.537962,
          14.299725
        ]
      },
      {
        "date": "2025-03-21",
        "close": 15.176,
        "volume": 42798,
        "typical_volume": 90071.4,
        "trend": 14.088133,
        "fair_value": 12.160846,
        "relative_strength": 4.617628,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.299425,
        "energy": 62.497532,
        "activity_lines": [
          15.1552,
          15.064473,
          14.631857,
          14.373286
        ]
      },
      {
        "date": "2025-03-28",
        "close": 14.932,
        "volume": 10164,
        "typical_volume": 89823.7,
        "trend": 14.126533,
        "fair_value": 12.187167,
        "relative_strength": 4.345266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.15032,
        "energy": 52.725807,
        "activity_lines": [
          15.083067,
          15.065964,
          14.695086,
          14.427729
        ]
      },
      {
        "date": "2025-04-04",
        "close": 13.676,
        "volume": 31191,
        "typical_volume": 90396.2,
        "trend": 14.140267,
        "fair_value": 12.206244,
        "relative_strength": 3.766523,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 9.346864,
        "energy": 15.468235,
        "activity_lines": [
          14.6052,
          14.827964,
          14.631571,
          14.398662
        ]
      },
      {
        "date": "2025-04-11",
        "close": 13.54,
        "volume": 79651,
        "typical_volume": 93128.3,
        "trend": 14.1402,
        "fair_value": 12.224628,
        "relative_strength": 4.934588,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.609065,
        "energy": 24.423686,
        "activity_lines": [
          14.176933,
          14.5804,
          14.553829,
          14.359935
        ]
      },
      {
        "date": "2025-04-18",
        "close": 14.026,
        "volume": 40443,
        "typical_volume": 90918.9,
        "trend": 14.154733,
        "fair_value": 12.246141,
        "relative_strength": 5.699532,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -17.253487,
        "energy": 34.060046,
        "activity_lines": [
          14.023867,
          14.442,
          14.521886,
          14.352568
        ]
      },
      {
        "date": "2025-04-25",
        "close": 14.612,
        "volume": 28554,
        "typical_volume": 87462.9,
        "trend": 14.1718,
        "fair_value": 12.271897,
        "relative_strength": 6.170526,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -11.440652,
        "energy": 28.81878,
        "activity_lines": [
          14.137867,
          14.424109,
          14.543133,
          14.382069
        ]
      },
      {
        "date": "2025-05-02",
        "close": 15.066,
        "volume": 30550,
        "typical_volume": 60410.25,
        "trend": 14.213133,
        "fair_value": 12.303141,
        "relative_strength": 5.896816,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.617277,
        "energy": 19.509626,
        "activity_lines": [
          14.4408,
          14.499236,
          14.604305,
          14.439759
        ]
      },
      {
        "date": "2025-05-09",
        "close": 15.226,
        "volume": 21625,
        "typical_volume": 60111.7,
        "trend": 14.257133,
        "fair_value": 12.334244,
        "relative_strength": 7.088041,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.946215,
        "energy": 34.670121,
        "activity_lines": [
          14.788133,
          14.604545,
          14.674781,
          14.505105
        ]
      },
      {
        "date": "2025-05-16",
        "close": 15.578,
        "volume": 48846,
        "typical_volume": 62456.0,
        "trend": 14.312867,
        "fair_value": 12.368026,
        "relative_strength": 7.284027,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 74.218737,
        "energy": 57.937174,
        "activity_lines": [
          15.149467,
          14.771564,
          14.770867,
          14.590323
        ]
      },
      {
        "date": "2025-05-23",
        "close": 15.42,
        "volume": 49989,
        "typical_volume": 64846.55,
        "trend": 14.368467,
        "fair_value": 12.398141,
        "relative_strength": 7.983023,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.180829,
        "energy": 68.949084,
        "activity_lines": [
          15.322267,
          14.903673,
          14.842505,
          14.661751
        ]
      },
      {
        "date": "2025-05-30",
        "close": 15.598,
        "volume": 60429,
        "typical_volume": 63373.9,
        "trend": 14.434533,
        "fair_value": 12.429897,
        "relative_strength": 8.663204,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.009623,
        "energy": 75.466263,
        "activity_lines": [
          15.461467,
          15.062364,
          14.922457,
          14.741075
        ]
      },
      {
        "date": "2025-06-06",
        "close": 15.728,
        "volume": 177722,
        "typical_volume": 69440.6,
        "trend": 14.510933,
        "fair_value": 12.465538,
        "relative_strength": 8.523269,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.508985,
        "energy": 76.128658,
        "activity_lines": [
          15.578267,
          15.237018,
          15.006495,
          14.824525
        ]
      },
      {
        "date": "2025-06-13",
        "close": 15.372,
        "volume": 61431,
        "typical_volume": 69546.2,
        "trend": 14.5764,
        "fair_value": 12.501808,
        "relative_strength": 7.491783,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.074076,
        "energy": 56.447815,
        "activity_lines": [
          15.532267,
          15.332473,
          15.049924,
          14.880077
        ]
      },
      {
        "date": "2025-06-20",
        "close": 15.23,
        "volume": 47105,
        "typical_volume": 70554.75,
        "trend": 14.636133,
        "fair_value": 12.535853,
        "relative_strength": 7.582638,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.839971,
        "energy": 41.333576,
        "activity_lines": [
          15.4292,
          15.371273,
          15.075724,
          14.922245
        ]
      },
      {
        "date": "2025-06-27",
        "close": 15.522,
        "volume": 26716,
        "typical_volume": 57440.65,
        "trend": 14.704333,
        "fair_value": 12.573154,
        "relative_strength": 7.954147,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.681328,
        "energy": 38.704896,
        "activity_lines": [
          15.446667,
          15.432436,
          15.126733,
          14.979398
        ]
      },
      {
        "date": "2025-07-04",
        "close": 15.454,
        "volume": 225745,
        "typical_volume": 65535.95,
        "trend": 14.7556,
        "fair_value": 12.608821,
        "relative_strength": 7.176479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.794855,
        "energy": 30.735122,
        "activity_lines": [
          15.434667,
          15.454036,
          15.1678,
          15.027763
        ]
      },
      {
        "date": "2025-07-11",
        "close": 15.66,
        "volume": 38523,
        "typical_volume": 57913.0,
        "trend": 14.816933,
        "fair_value": 12.646442,
        "relative_strength": 6.548669,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.714987,
        "energy": 40.802944,
        "activity_lines": [
          15.500933,
          15.497782,
          15.227219,
          15.086112
        ]
      },
      {
        "date": "2025-07-18",
        "close": 15.636,
        "volume": 42415,
        "typical_volume": 57266.7,
        "trend": 14.886,
        "fair_value": 12.681865,
        "relative_strength": 6.242836,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.843728,
        "energy": 51.595982,
        "activity_lines": [
          15.563733,
          15.526364,
          15.28181,
          15.138955
        ]
      },
      {
        "date": "2025-07-25",
        "close": 15.692,
        "volume": 213800,
        "typical_volume": 67656.15,
        "trend": 14.9556,
        "fair_value": 12.715737,
        "relative_strength": 6.238036,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.072194,
        "energy": 60.918528,
        "activity_lines": [
          15.6276,
          15.557673,
          15.339181,
          15.190955
        ]
      },
      {
        "date": "2025-08-01",
        "close": 15.234,
        "volume": 34911,
        "typical_volume": 65630.4,
        "trend": 15.009867,
        "fair_value": 12.746481,
        "relative_strength": 6.822367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.210612,
        "energy": 36.097996,
        "activity_lines": [
          15.508,
          15.503636,
          15.350771,
          15.208916
        ]
      },
      {
        "date": "2025-08-08",
        "close": 15.742,
        "volume": 31448,
        "typical_volume": 65062.9,
        "trend": 15.072733,
        "fair_value": 12.779455,
        "relative_strength": 7.312518,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.779434,
        "energy": 39.078837,
        "activity_lines": [
          15.576933,
          15.545345,
          15.410114,
          15.256151
        ]
      },
      {
        "date": "2025-08-15",
        "close": 15.994,
        "volume": 5441,
        "typical_volume": 64826.75,
        "trend": 15.128533,
        "fair_value": 12.814968,
        "relative_strength": 6.310371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.672215,
        "energy": 47.107223,
        "activity_lines": [
          15.710667,
          15.630255,
          15.490762,
          15.315587
        ]
      },
      {
        "date": "2025-08-22",
        "close": 16.120001,
        "volume": 86550,
        "typical_volume": 67594.7,
        "trend": 15.1822,
        "fair_value": 12.853596,
        "relative_strength": 6.281895,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.173408,
        "energy": 59.372613,
        "activity_lines": [
          15.864134,
          15.733237,
          15.578352,
          15.379553
        ]
      },
      {
        "date": "2025-08-29",
        "close": 15.64,
        "volume": 88092,
        "typical_volume": 68016.75,
        "trend": 15.214067,
        "fair_value": 12.890006,
        "relative_strength": 6.433508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.916048,
        "energy": 59.912719,
        "activity_lines": [
          15.825334,
          15.735346,
          15.608591,
          15.409088
        ]
      },
      {
        "date": "2025-09-05",
        "close": 15.588,
        "volume": 50821,
        "typical_volume": 68535.65,
        "trend": 15.240533,
        "fair_value": 12.925519,
        "relative_strength": 6.238983,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.707662,
        "energy": 45.147106,
        "activity_lines": [
          15.772667,
          15.720546,
          15.623876,
          15.433213
        ]
      },
      {
        "date": "2025-09-12",
        "close": 15.864,
        "volume": 65954,
        "typical_volume": 70405.65,
        "trend": 15.263067,
        "fair_value": 12.964301,
        "relative_strength": 5.814142,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.154796,
        "energy": 39.160647,
        "activity_lines": [
          15.7884,
          15.754727,
          15.65801,
          15.473437
        ]
      },
      {
        "date": "2025-09-19",
        "close": 15.96,
        "volume": 111682,
        "typical_volume": 74462.25,
        "trend": 15.290867,
        "fair_value": 13.006641,
        "relative_strength": 5.836211,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.059188,
        "energy": 35.532531,
        "activity_lines": [
          15.828,
          15.798909,
          15.695324,
          15.5184
        ]
      },
      {
        "date": "2025-09-26",
        "close": 16.042,
        "volume": 54986,
        "typical_volume": 76130.3,
        "trend": 15.322267,
        "fair_value": 13.050077,
        "relative_strength": 5.906514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.843842,
        "energy": 41.694076,
        "activity_lines": [
          15.8972,
          15.852546,
          15.736191,
          15.56686
        ]
      },
      {
        "date": "2025-10-03",
        "close": 16.492001,
        "volume": 117213,
        "typical_volume": 79548.65,
        "trend": 15.364067,
        "fair_value": 13.095615,
        "relative_strength": 5.817324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.554297,
        "energy": 71.711373,
        "activity_lines": [
          16.1216,
          15.980618,
          15.816029,
          15.642327
        ]
      },
      {
        "date": "2025-10-10",
        "close": 16.214001,
        "volume": 52418,
        "typical_volume": 79670.1,
        "trend": 15.401133,
        "fair_value": 13.139346,
        "relative_strength": 5.957631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.721657,
        "energy": 70.429037,
        "activity_lines": [
          16.196534,
          16.0436,
          15.865038,
          15.697161
        ]
      },
      {
        "date": "2025-10-17",
        "close": 16.327999,
        "volume": 177677,
        "typical_volume": 85532.5,
        "trend": 15.439533,
        "fair_value": 13.182359,
        "relative_strength": 3.182797,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.199378,
        "energy": 72.454513,
        "activity_lines": [
          16.267733,
          16.109491,
          15.921124,
          15.756959
        ]
      },
      {
        "date": "2025-10-24",
        "close": 16.562599,
        "volume": 47455,
        "typical_volume": 79019.15,
        "trend": 15.493887,
        "fair_value": 13.224555,
        "relative_strength": 3.825953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.479534,
        "energy": 78.121265,
        "activity_lines": [
          16.3862,
          16.207382,
          15.996076,
          15.829415
        ]
      },
      {
        "date": "2025-10-31",
        "close": 16.540001,
        "volume": 58438,
        "typical_volume": 78869.5,
        "trend": 15.589353,
        "fair_value": 13.265568,
        "relative_strength": 4.812479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.420798,
        "energy": 74.082607,
        "activity_lines": [
          16.45696,
          16.290826,
          16.064902,
          15.896906
        ]
      },
      {
        "date": "2025-11-07",
        "close": 16.266001,
        "volume": 34661,
        "typical_volume": 78247.3,
        "trend": 15.68022,
        "fair_value": 13.301671,
        "relative_strength": 5.068086,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.721059,
        "energy": 55.160699,
        "activity_lines": [
          16.403187,
          16.316815,
          16.102071,
          15.940561
        ]
      },
      {
        "date": "2025-11-14",
        "close": 16.65,
        "volume": 107844,
        "typical_volume": 82303.7,
        "trend": 15.767687,
        "fair_value": 13.339658,
        "relative_strength": 4.454015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.171651,
        "energy": 56.7907,
        "activity_lines": [
          16.49248,
          16.40124,
          16.170877,
          16.003127
        ]
      },
      {
        "date": "2025-11-21",
        "close": 16.166,
        "volume": 72220,
        "typical_volume": 74627.45,
        "trend": 15.819487,
        "fair_value": 13.373722,
        "relative_strength": 3.622411,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.90134,
        "energy": 39.240956,
        "activity_lines": [
          16.391374,
          16.378357,
          16.188217,
          16.028825
        ]
      },
      {
        "date": "2025-11-28",
        "close": 16.608,
        "volume": 35549,
        "typical_volume": 74478.75,
        "trend": 15.870887,
        "fair_value": 13.410235,
        "relative_strength": 4.432888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.185674,
        "energy": 41.282533,
        "activity_lines": [
          16.4484,
          16.430346,
          16.244262,
          16.079697
        ]
      },
      {
        "date": "2025-12-05",
        "close": 16.74,
        "volume": 95312,
        "typical_volume": 77123.6,
        "trend": 15.921353,
        "fair_value": 13.448478,
        "relative_strength": 5.170874,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.147903,
        "energy": 47.193831,
        "activity_lines": [
          16.5464,
          16.494553,
          16.308364,
          16.135769
        ]
      },
      {
        "date": "2025-12-12",
        "close": 16.722,
        "volume": 181847,
        "typical_volume": 75525.95,
        "trend": 15.959487,
        "fair_value": 13.488055,
        "relative_strength": 5.443972,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.226318,
        "energy": 44.750548,
        "activity_lines": [
          16.625067,
          16.542796,
          16.365494,
          16.187423
        ]
      },
      {
        "date": "2025-12-19",
        "close": 16.875999,
        "volume": 60521,
        "typical_volume": 76806.45,
        "trend": 16.00802,
        "fair_value": 13.528799,
        "relative_strength": 5.12303,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.777963,
        "energy": 65.153589,
        "activity_lines": [
          16.724666,
          16.614858,
          16.432387,
          16.246553
        ]
      },
      {
        "date": "2025-12-26",
        "close": 17.375999,
        "volume": 21367,
        "typical_volume": 76302.4,
        "trend": 16.067287,
        "fair_value": 13.572876,
        "relative_strength": 8.563641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.614901,
        "energy": 80.919781,
        "activity_lines": [
          16.975866,
          16.765792,
          16.539079,
          16.33481
        ]
      },
      {
        "date": "2026-01-02",
        "close": 17.164,
        "volume": 112165,
        "typical_volume": 81638.6,
        "trend": 16.115153,
        "fair_value": 13.612747,
        "relative_strength": 5.807226,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.489262,
        "energy": 76.748731,
        "activity_lines": [
          17.075733,
          16.859127,
          16.6178,
          16.405566
        ]
      },
      {
        "date": "2026-01-09",
        "close": 17.568001,
        "volume": 97550,
        "typical_volume": 82188.6,
        "trend": 16.188353,
        "fair_value": 13.652427,
        "relative_strength": 5.893318,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.263905,
        "energy": 86.007804,
        "activity_lines": [
          17.2732,
          17.014982,
          16.729426,
          16.499298
        ]
      },
      {
        "date": "2026-01-16",
        "close": 17.648001,
        "volume": 109636,
        "typical_volume": 83265.8,
        "trend": 16.268953,
        "fair_value": 13.693171,
        "relative_strength": 7.413149,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.422808,
        "energy": 89.236497,
        "activity_lines": [
          17.442134,
          17.166691,
          16.841775,
          16.593468
        ]
      },
      {
        "date": "2026-01-23",
        "close": 17.434,
        "volume": 75110,
        "typical_volume": 84480.25,
        "trend": 16.332687,
        "fair_value": 13.73153,
        "relative_strength": 7.298575,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.088177,
        "energy": 74.514549,
        "activity_lines": [
          17.478,
          17.254364,
          16.924182,
          16.668633
        ]
      },
      {
        "date": "2026-01-30",
        "close": 17.492001,
        "volume": 72670,
        "typical_volume": 84816.05,
        "trend": 16.40062,
        "fair_value": 13.768978,
        "relative_strength": 7.557754,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.210594,
        "energy": 63.343604,
        "activity_lines": [
          17.496001,
          17.338328,
          17.003322,
          16.743427
        ]
      },
      {
        "date": "2026-02-06",
        "close": 17.6,
        "volume": 43723,
        "typical_volume": 81418.1,
        "trend": 16.465287,
        "fair_value": 13.807991,
        "relative_strength": 6.018234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.34148,
        "energy": 56.541829,
        "activity_lines": [
          17.542267,
          17.417818,
          17.084995,
          16.820807
        ]
      },
      {
        "date": "2026-02-13",
        "close": 17.618,
        "volume": 77562,
        "typical_volume": 82546.9,
        "trend": 16.531353,
        "fair_value": 13.845696,
        "relative_strength": 5.377517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.197703,
        "energy": 53.784918,
        "activity_lines": [
          17.565467,
          17.482546,
          17.160573,
          16.895175
        ]
      },
      {
        "date": "2026-02-20",
        "close": 18.044001,
        "volume": 109929,
        "typical_volume": 82182.7,
        "trend": 16.609754,
        "fair_value": 13.887388,
        "relative_strength": 5.077948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.655833,
        "energy": 63.419745,
        "activity_lines": [
          17.727334,
          17.608764,
          17.269218,
          16.992765
        ]
      },
      {
        "date": "2026-02-27",
        "close": 18.110001,
        "volume": 783675,
        "typical_volume": 118745.55,
        "trend": 16.70562,
        "fair_value": 13.928491,
        "relative_strength": 4.412268,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.156886,
        "energy": 78.704611,
        "activity_lines": [
          17.884801,
          17.722946,
          17.376758,
          17.089556
        ]
      },
      {
        "date": "2026-03-06",
        "close": 16.969999,
        "volume": 89566,
        "typical_volume": 114340.0,
        "trend": 16.746554,
        "fair_value": 13.963273,
        "relative_strength": 4.781865,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.934498,
        "energy": 39.913032,
        "activity_lines": [
          17.6172,
          17.607418,
          17.366698,
          17.106612
        ]
      },
      {
        "date": "2026-03-13",
        "close": 16.941999,
        "volume": 116203,
        "typical_volume": 117777.4,
        "trend": 16.778153,
        "fair_value": 14.00085,
        "relative_strength": 5.43217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 29.645936,
        "energy": 20.570946,
        "activity_lines": [
          17.375066,
          17.494182,
          17.350914,
          17.119222
        ]
      },
      {
        "date": "2026-03-20",
        "close": 16.346001,
        "volume": 119151,
        "typical_volume": 120813.05,
        "trend": 16.785687,
        "fair_value": 14.03385,
        "relative_strength": 4.742958,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.556859,
        "energy": 17.889021,
        "activity_lines": [
          16.978133,
          17.276618,
          17.276562,
          17.091341
        ]
      },
      {
        "date": "2026-03-27",
        "close": 16.441999,
        "volume": 580900,
        "typical_volume": 148125.0,
        "trend": 16.81242,
        "fair_value": 14.064491,
        "relative_strength": 4.615557,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -29.14004,
        "energy": 37.447491,
        "activity_lines": [
          16.698,
          17.098727,
          17.212276,
          17.069167
        ]
      },
      {
        "date": "2026-04-03",
        "close": 16.983999,
        "volume": 72410,
        "typical_volume": 146353.3,
        "trend": 16.858953,
        "fair_value": 14.098235,
        "relative_strength": 4.280712,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -19.563414,
        "energy": 31.389162,
        "activity_lines": [
          16.705333,
          17.041309,
          17.198771,
          17.080237
        ]
      },
      {
        "date": "2026-04-10",
        "close": 17.666,
        "volume": 109205,
        "typical_volume": 148202.55,
        "trend": 16.91902,
        "fair_value": 14.135183,
        "relative_strength": 4.336444,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.57872,
        "energy": 19.789761,
        "activity_lines": [
          17.015066,
          17.116072,
          17.248629,
          17.132305
        ]
      },
      {
        "date": "2026-04-17",
        "close": 18.068001,
        "volume": 37523,
        "typical_volume": 148301.25,
        "trend": 16.989287,
        "fair_value": 14.174671,
        "relative_strength": 4.399205,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.38363,
        "energy": 26.825503,
        "activity_lines": [
          17.4124,
          17.260764,
          17.329629,
          17.206432
        ]
      },
      {
        "date": "2026-04-24",
        "close": 17.573999,
        "volume": 2000193,
        "typical_volume": 243545.3,
        "trend": 17.040353,
        "fair_value": 14.210978,
        "relative_strength": 4.661139,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.853033,
        "energy": 31.900474,
        "activity_lines": [
          17.57,
          17.307127,
          17.356629,
          17.244156
        ]
      },
      {
        "date": "2026-05-01",
        "close": 17.628,
        "volume": 498387,
        "typical_volume": 259372.3,
        "trend": 17.07822,
        "fair_value": 14.248465,
        "relative_strength": 5.309095,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 41.932135,
        "energy": 35.51687,
        "activity_lines": [
          17.663733,
          17.364109,
          17.3848,
          17.282068
        ]
      },
      {
        "date": "2026-05-08",
        "close": 17.834,
        "volume": 217784,
        "typical_volume": 267235.45,
        "trend": 17.13222,
        "fair_value": 14.286645,
        "relative_strength": 6.339462,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.40418,
        "energy": 47.544272,
        "activity_lines": [
          17.747067,
          17.466109,
          17.428276,
          17.330828
        ]
      },
      {
        "date": "2026-05-15",
        "close": 17.681999,
        "volume": 93176,
        "typical_volume": 270825.9,
        "trend": 17.177353,
        "fair_value": 14.322619,
        "relative_strength": 7.306859,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.039307,
        "energy": 39.111626,
        "activity_lines": [
          17.723066,
          17.545491,
          17.452714,
          17.366298
        ]
      },
      {
        "date": "2026-05-22",
        "close": 18.304001,
        "volume": 375414,
        "typical_volume": 283988.35,
        "trend": 17.2354,
        "fair_value": 14.363645,
        "relative_strength": 8.584145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.25027,
        "energy": 45.889126,
        "activity_lines": [
          17.905333,
          17.725018,
          17.534933,
          17.438985
        ]
      },
      {
        "date": "2026-05-29",
        "close": 18.436001,
        "volume": 121596,
        "typical_volume": 285190.65,
        "trend": 17.2986,
        "fair_value": 14.40535,
        "relative_strength": 8.222697,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.0556,
        "energy": 54.053212,
        "activity_lines": [
          18.115867,
          17.903782,
          17.624295,
          17.516443
        ]
      },
      {
        "date": "2026-06-05",
        "close": 18.422001,
        "volume": 42284,
        "typical_volume": 281823.05,
        "trend": 17.370467,
        "fair_value": 14.447478,
        "relative_strength": 7.456483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.66206,
        "energy": 63.533208,
        "activity_lines": [
          18.264267,
          18.042,
          17.708191,
          17.588921
        ]
      },
      {
        "date": "2026-06-12",
        "close": 18.823999,
        "volume": 12036,
        "typical_volume": 278669.35,
        "trend": 17.442933,
        "fair_value": 14.490427,
        "relative_strength": 7.805249,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.345498,
        "energy": 76.901097,
        "activity_lines": [
          18.493734,
          18.217309,
          17.826686,
          17.682697
        ]
      },
      {
        "date": "2026-06-19",
        "close": 19.122,
        "volume": 10786,
        "typical_volume": 275575.15,
        "trend": 17.541467,
        "fair_value": 14.537799,
        "relative_strength": 8.33501,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.13267,
        "energy": 83.861905,
        "activity_lines": [
          18.756533,
          18.413346,
          17.966943,
          17.791024
        ]
      },
      {
        "date": "2026-06-26",
        "close": 18.888,
        "volume": 14558,
        "typical_volume": 274116.9,
        "trend": 17.617467,
        "fair_value": 14.581401,
        "relative_strength": 7.241368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.451359,
        "energy": 81.599112,
        "activity_lines": [
          18.845333,
          18.540364,
          18.077152,
          17.877897
        ]
      },
      {
        "date": "2026-07-03",
        "close": 19.4,
        "volume": 9223,
        "typical_volume": 270699.95,
        "trend": 17.706133,
        "fair_value": 14.630812,
        "relative_strength": 8.283535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.960781,
        "energy": 89.811433,
        "activity_lines": [
          19.065867,
          18.745564,
          18.22999,
          17.992899
        ]
      },
      {
        "date": "2026-07-10",
        "close": 18.972,
        "volume": 60782,
        "typical_volume": 268242.6,
        "trend": 17.781133,
        "fair_value": 14.674824,
        "relative_strength": 7.771386,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.52212,
        "energy": 81.346269,
        "activity_lines": [
          19.079467,
          18.839746,
          18.333581,
          18.074568
        ]
      },
      {
        "date": "2026-07-17",
        "close": 18.827999,
        "volume": 23403,
        "typical_volume": 230229.0,
        "trend": 17.8462,
        "fair_value": 14.717671,
        "relative_strength": 6.703612,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.726735,
        "energy": 63.702002,
        "activity_lines": [
          19.0084,
          18.883309,
          18.419038,
          18.142107
        ]
      },
      {
        "date": "2026-07-24",
        "close": 18.940001,
        "volume": 29561,
        "typical_volume": 227228.75,
        "trend": 17.898333,
        "fair_value": 14.76003,
        "relative_strength": 6.657885,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.436481,
        "energy": 53.776438,
        "activity_lines": [
          18.9744,
          18.929164,
          18.511743,
          18.212675
        ]
      },
      {
        "date": "2026-07-31",
        "close": 19.062,
        "volume": 46622,
        "typical_volume": 223749.7,
        "trend": 17.9616,
        "fair_value": 14.805388,
        "relative_strength": 5.400725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.265522,
        "energy": 47.738757,
        "activity_lines": [
          18.9932,
          18.974327,
          18.606686,
          18.287751
        ]
      },
      {
        "date": "2026-08-07",
        "close": 19.558001,
        "volume": 158103,
        "typical_volume": 225697.3,
        "trend": 18.027933,
        "fair_value": 14.854235,
        "relative_strength": 5.394505,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.378747,
        "energy": 59.342205,
        "activity_lines": [
          19.165734,
          19.095891,
          18.738772,
          18.390744
        ]
      }
    ],
    "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."
    }
  }
}