{
  "ticker": {
    "uuid": "06bc9d30-8ffd-4b4a-8def-8640d4084387",
    "symbol": "GNOM",
    "name": "GLOBAL X GENOMICS & BIOTECHNOLOGY ETF",
    "exchange": "NASDAQ",
    "country": "US",
    "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": "QQQ",
    "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": 75.887,
    "architecture_energy": 54.744,
    "architecture_maturity": 69.217,
    "architecture_confidence": 66.155,
    "architecture_tenure": "Developing",
    "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": 15.54,
        "rotation_up": 51.17,
        "upward_expansion": 75.03,
        "deceleration": 71.1,
        "rotation_down": 26.22,
        "downward_expansion": 13.03
      },
      "activity_lines": [
        55.73348,
        55.35896,
        52.43048,
        50.481041
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 58.1737,
    "trend_reference": 48.644696,
    "distance_from_trend": 0.19589,
    "trend_direction": "Improving",
    "fair_value": 41.86579,
    "distance_from_fair_value": 0.389528,
    "fair_value_direction": "Improving",
    "relative_strength": 11.69376,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.261082,
    "excess_performance": 0.073628,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.19589,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.065553,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.389528,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.273473,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.116938,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.170536,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.261082,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.959296,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 122719,
      "relative_activity": 1.361119,
      "balance": 1.959296,
      "dry_up": 1.349842,
      "accumulation_observations": 4,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.057714,
      "annualized_volatility": 0.294268,
      "from_high_reference": -0.021962,
      "from_low_reference": 0.697033
    },
    "levels": {
      "trend_reference": 48.644696,
      "fair_value_reference": 41.86579,
      "structural_low": 41.16,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": 0.026897,
        "positive_rate": 0.545455,
        "directional_follow_through": 0.545455,
        "median_excess_return": 0.022963,
        "regime_survival": 0.727273,
        "best_return": 0.1584,
        "worst_return": -0.13884,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": -0.107534,
        "positive_rate": 0.25,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.107341,
        "regime_survival": 0.25,
        "best_return": 0.284359,
        "worst_return": -0.174125,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": -0.074044,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.333333,
        "median_excess_return": -0.145969,
        "regime_survival": 0.0,
        "best_return": 0.201691,
        "worst_return": -0.36602,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.342814,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.305505,
        "regime_survival": 0.0,
        "best_return": -0.248983,
        "worst_return": -0.436646,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-04-26",
        "end": "2024-05-31",
        "tenure": "Developing",
        "return": 0.035714,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-06-07",
        "end": "2024-07-05",
        "tenure": "Developing",
        "return": -0.00144,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-07-12",
        "end": "2024-07-26",
        "tenure": "New",
        "return": 0.039929,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-08-02",
        "end": "2024-09-20",
        "tenure": "Developing",
        "return": 0.021661,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-09-27",
        "end": "2024-11-01",
        "tenure": "Developing",
        "return": -0.059108,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-08",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": -0.004643,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-12-13",
        "end": "2025-06-27",
        "tenure": "Extended",
        "return": -0.181278,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-04",
        "end": "2025-07-25",
        "tenure": "New",
        "return": 0.035556,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-01",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": 0.100445,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-12",
        "end": "2026-02-20",
        "tenure": "Established",
        "return": 0.302814,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-27",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.129397,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.07012,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-06-05",
        "tenure": "Developing",
        "return": 0.055367,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-12",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.189558,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 42.605202,
        "volume": 266667,
        "typical_volume": 519930.9,
        "trend": 49.035064,
        "fair_value": 68.24898,
        "relative_strength": -27.463941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.576879,
        "energy": 78.485698,
        "activity_lines": [
          45.059735,
          46.352918,
          47.657867,
          48.133542
        ]
      },
      {
        "date": "2023-08-25",
        "close": 43.630883,
        "volume": 569440,
        "typical_volume": 526436.05,
        "trend": 48.670842,
        "fair_value": 68.084335,
        "relative_strength": -26.375711,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.083914,
        "energy": 82.02458,
        "activity_lines": [
          44.196717,
          45.700463,
          47.205193,
          47.784885
        ]
      },
      {
        "date": "2023-09-01",
        "close": 44.932709,
        "volume": 281070,
        "typical_volume": 467494.0,
        "trend": 48.343413,
        "fair_value": 67.954024,
        "relative_strength": -26.342933,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.849733,
        "energy": 79.642483,
        "activity_lines": [
          44.146353,
          45.406638,
          46.898505,
          47.543715
        ]
      },
      {
        "date": "2023-09-08",
        "close": 42.999695,
        "volume": 118940,
        "typical_volume": 454349.25,
        "trend": 48.068583,
        "fair_value": 67.81689,
        "relative_strength": -27.943542,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.793448,
        "energy": 81.247007,
        "activity_lines": [
          43.694002,
          44.816226,
          46.429136,
          47.198959
        ]
      },
      {
        "date": "2023-09-15",
        "close": 42.960246,
        "volume": 165929,
        "typical_volume": 444889.75,
        "trend": 47.749044,
        "fair_value": 67.641635,
        "relative_strength": -27.040038,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.303703,
        "energy": 71.721772,
        "activity_lines": [
          43.431007,
          44.306147,
          45.987005,
          46.869389
        ]
      },
      {
        "date": "2023-09-22",
        "close": 40.159348,
        "volume": 5202682,
        "typical_volume": 681369.2,
        "trend": 47.45975,
        "fair_value": 67.450697,
        "relative_strength": -28.889907,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.351327,
        "energy": 81.370415,
        "activity_lines": [
          42.342207,
          43.353519,
          45.303859,
          46.379731
        ]
      },
      {
        "date": "2023-09-29",
        "close": 40.119899,
        "volume": 558741,
        "typical_volume": 694158.2,
        "trend": 47.059997,
        "fair_value": 67.258838,
        "relative_strength": -28.380629,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.777736,
        "energy": 88.513473,
        "activity_lines": [
          41.403315,
          42.542908,
          44.667675,
          45.906193
        ]
      },
      {
        "date": "2023-10-06",
        "close": 39.173117,
        "volume": 320976,
        "typical_volume": 697048.9,
        "trend": 46.815412,
        "fair_value": 67.011591,
        "relative_strength": -30.644885,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.442035,
        "energy": 90.777488,
        "activity_lines": [
          40.382894,
          41.727277,
          43.986866,
          45.397362
        ]
      },
      {
        "date": "2023-10-13",
        "close": 38.344682,
        "volume": 267225,
        "typical_volume": 696066.65,
        "trend": 46.522146,
        "fair_value": 66.768375,
        "relative_strength": -31.538424,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.5746,
        "energy": 92.480283,
        "activity_lines": [
          39.470301,
          40.931836,
          43.27985,
          44.850863
        ]
      },
      {
        "date": "2023-10-20",
        "close": 36.174973,
        "volume": 288318,
        "typical_volume": 701162.3,
        "trend": 46.159213,
        "fair_value": 66.523621,
        "relative_strength": -32.810057,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -88.904367,
        "energy": 94.220537,
        "activity_lines": [
          38.144806,
          39.881769,
          42.416165,
          44.183303
        ]
      },
      {
        "date": "2023-10-27",
        "close": 34.597002,
        "volume": 9174912,
        "typical_volume": 1147534.1,
        "trend": 45.692396,
        "fair_value": 66.289426,
        "relative_strength": -33.267703,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -90.221137,
        "energy": 95.143497,
        "activity_lines": [
          36.745672,
          38.697574,
          41.470012,
          43.437354
        ]
      },
      {
        "date": "2023-11-03",
        "close": 38.660276,
        "volume": 696512,
        "typical_volume": 1177743.75,
        "trend": 45.372686,
        "fair_value": 66.045455,
        "relative_strength": -29.196669,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.632067,
        "energy": 71.827583,
        "activity_lines": [
          37.071786,
          38.397759,
          40.983913,
          42.983669
        ]
      },
      {
        "date": "2023-11-10",
        "close": 37.161204,
        "volume": 338893,
        "typical_volume": 1186453.95,
        "trend": 44.963729,
        "fair_value": 65.772436,
        "relative_strength": -33.063146,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.625215,
        "energy": 65.105285,
        "activity_lines": [
          36.995517,
          37.915761,
          40.410649,
          42.453896
        ]
      },
      {
        "date": "2023-11-17",
        "close": 40.711638,
        "volume": 461473,
        "typical_volume": 1200295.45,
        "trend": 44.67049,
        "fair_value": 65.520157,
        "relative_strength": -27.396865,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.959259,
        "energy": 46.749085,
        "activity_lines": [
          38.236854,
          38.220596,
          40.2269,
          42.179568
        ]
      },
      {
        "date": "2023-11-24",
        "close": 41.635145,
        "volume": 246820,
        "typical_volume": 1204458.4,
        "trend": 44.446168,
        "fair_value": 65.244259,
        "relative_strength": -25.687072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.95511,
        "energy": 25.901054,
        "activity_lines": [
          39.62823,
          38.734943,
          40.164918,
          41.983739
        ]
      },
      {
        "date": "2023-12-01",
        "close": 42.21071,
        "volume": 354811,
        "typical_volume": 1199481.55,
        "trend": 44.159503,
        "fair_value": 64.952864,
        "relative_strength": -23.952346,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.587089,
        "energy": 25.538466,
        "activity_lines": [
          40.847449,
          39.37803,
          40.181532,
          41.839516
        ]
      },
      {
        "date": "2023-12-08",
        "close": 41.737319,
        "volume": 431337,
        "typical_volume": 1205801.55,
        "trend": 43.894615,
        "fair_value": 64.619303,
        "relative_strength": -24.46211,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.967334,
        "energy": 27.245594,
        "activity_lines": [
          41.40129,
          39.897749,
          40.182366,
          41.683246
        ]
      },
      {
        "date": "2023-12-15",
        "close": 44.696013,
        "volume": 1044192,
        "typical_volume": 1249755.2,
        "trend": 43.709861,
        "fair_value": 64.295367,
        "relative_strength": -20.88233,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 13.521872,
        "energy": 27.820663,
        "activity_lines": [
          42.736227,
          40.926005,
          40.501048,
          41.734949
        ]
      },
      {
        "date": "2023-12-22",
        "close": 45.761143,
        "volume": 362001,
        "typical_volume": 1246830.05,
        "trend": 43.607292,
        "fair_value": 63.94297,
        "relative_strength": -18.912971,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 37.525159,
        "energy": 40.657782,
        "activity_lines": [
          43.923886,
          42.047505,
          40.939609,
          41.86729
        ]
      },
      {
        "date": "2023-12-29",
        "close": 45.595851,
        "volume": 265704,
        "typical_volume": 1070832.15,
        "trend": 43.446616,
        "fair_value": 63.638144,
        "relative_strength": -18.597104,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 33.813343,
        "energy": 50.545865,
        "activity_lines": [
          44.719814,
          43.004106,
          41.363744,
          41.995584
        ]
      },
      {
        "date": "2024-01-05",
        "close": 44.656564,
        "volume": 259205,
        "typical_volume": 1070459.05,
        "trend": 43.270409,
        "fair_value": 63.269405,
        "relative_strength": -16.813813,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 26.697697,
        "energy": 52.172905,
        "activity_lines": [
          44.9386,
          43.61864,
          41.693573,
          42.073645
        ]
      },
      {
        "date": "2024-01-12",
        "close": 44.735462,
        "volume": 166137,
        "typical_volume": 1050293.9,
        "trend": 43.083682,
        "fair_value": 62.891061,
        "relative_strength": -18.309169,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.376002,
        "energy": 43.761011,
        "activity_lines": [
          45.020628,
          44.064617,
          42.021148,
          42.168165
        ]
      },
      {
        "date": "2024-01-19",
        "close": 42.802449,
        "volume": 165666,
        "typical_volume": 1044523.7,
        "trend": 42.912078,
        "fair_value": 62.500325,
        "relative_strength": -23.031327,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 27.822943,
        "energy": 26.088807,
        "activity_lines": [
          44.258442,
          44.04868,
          42.159367,
          42.150021
        ]
      },
      {
        "date": "2024-01-26",
        "close": 42.960246,
        "volume": 197439,
        "typical_volume": 1048448.65,
        "trend": 42.750336,
        "fair_value": 62.148467,
        "relative_strength": -22.275386,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 12.813916,
        "energy": 13.052571,
        "activity_lines": [
          43.675093,
          43.958864,
          42.322759,
          42.153128
        ]
      },
      {
        "date": "2024-02-02",
        "close": 42.565753,
        "volume": 236527,
        "typical_volume": 1051978.55,
        "trend": 42.614894,
        "fair_value": 61.738013,
        "relative_strength": -23.004638,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 7.459092,
        "energy": 10.527786,
        "activity_lines": [
          43.146972,
          43.756439,
          42.448767,
          42.14122
        ]
      },
      {
        "date": "2024-02-09",
        "close": 44.222622,
        "volume": 300934,
        "typical_volume": 806891.15,
        "trend": 42.476821,
        "fair_value": 61.324528,
        "relative_strength": -20.638477,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 10.68046,
        "energy": 12.531955,
        "activity_lines": [
          43.373148,
          43.838343,
          42.734451,
          42.244944
        ]
      },
      {
        "date": "2024-02-16",
        "close": 45.090506,
        "volume": 269281,
        "typical_volume": 792418.15,
        "trend": 42.336119,
        "fair_value": 60.946943,
        "relative_strength": -16.974527,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.388544,
        "energy": 25.983216,
        "activity_lines": [
          43.917548,
          44.041464,
          43.083442,
          42.413569
        ]
      },
      {
        "date": "2024-02-23",
        "close": 45.208854,
        "volume": 144639,
        "typical_volume": 783601.3,
        "trend": 42.224149,
        "fair_value": 60.633063,
        "relative_strength": -17.118907,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 59.570149,
        "energy": 40.863017,
        "activity_lines": [
          44.477727,
          44.205135,
          43.420034,
          42.598907
        ]
      },
      {
        "date": "2024-03-01",
        "close": 48.483142,
        "volume": 517638,
        "typical_volume": 796121.95,
        "trend": 42.305677,
        "fair_value": 60.387445,
        "relative_strength": -11.978917,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.31948,
        "energy": 70.306903,
        "activity_lines": [
          45.968909,
          44.954808,
          44.039722,
          43.002713
        ]
      },
      {
        "date": "2024-03-08",
        "close": 46.98407,
        "volume": 847365,
        "typical_volume": 824074.3,
        "trend": 42.385891,
        "fair_value": 60.095814,
        "relative_strength": -12.669008,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.558444,
        "energy": 68.976412,
        "activity_lines": [
          46.592208,
          45.38243,
          44.468363,
          43.304544
        ]
      },
      {
        "date": "2024-03-15",
        "close": 45.248303,
        "volume": 779088,
        "typical_volume": 404283.1,
        "trend": 42.473994,
        "fair_value": 59.795333,
        "relative_strength": -14.217991,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.964796,
        "energy": 63.290669,
        "activity_lines": [
          46.342362,
          45.469219,
          44.68022,
          43.489216
        ]
      },
      {
        "date": "2024-03-22",
        "close": 44.656564,
        "volume": 163359,
        "typical_volume": 377625.45,
        "trend": 42.508184,
        "fair_value": 59.536055,
        "relative_strength": -17.125279,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.851735,
        "energy": 46.622287,
        "activity_lines": [
          45.826892,
          45.437659,
          44.785001,
          43.630027
        ]
      },
      {
        "date": "2024-03-29",
        "close": 44.893259,
        "volume": 350625,
        "typical_volume": 378212.05,
        "trend": 42.506869,
        "fair_value": 59.251246,
        "relative_strength": -15.550603,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 40.645338,
        "energy": 25.039503,
        "activity_lines": [
          45.419249,
          45.45057,
          44.883771,
          43.783903
        ]
      },
      {
        "date": "2024-04-05",
        "close": 42.881347,
        "volume": 258174,
        "typical_volume": 368047.1,
        "trend": 42.502924,
        "fair_value": 58.969467,
        "relative_strength": -17.957315,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.898992,
        "energy": 16.941593,
        "activity_lines": [
          44.362009,
          45.059664,
          44.754111,
          43.808063
        ]
      },
      {
        "date": "2024-04-12",
        "close": 41.618971,
        "volume": 309884,
        "typical_volume": 371200.3,
        "trend": 42.458214,
        "fair_value": 58.672516,
        "relative_strength": -19.170711,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.717954,
        "energy": 18.021855,
        "activity_lines": [
          43.25743,
          44.440669,
          44.493892,
          43.751034
        ]
      },
      {
        "date": "2024-04-19",
        "close": 38.186885,
        "volume": 247364,
        "typical_volume": 365827.95,
        "trend": 42.392466,
        "fair_value": 58.341178,
        "relative_strength": -20.764425,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -44.081701,
        "energy": 46.174742,
        "activity_lines": [
          41.366495,
          43.214873,
          43.906885,
          43.475464
        ]
      },
      {
        "date": "2024-04-26",
        "close": 38.660276,
        "volume": 429562,
        "typical_volume": 365739.2,
        "trend": 42.343812,
        "fair_value": 58.019953,
        "relative_strength": -22.035239,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.003824,
        "energy": 62.555358,
        "activity_lines": [
          40.104119,
          42.184888,
          43.384124,
          43.234678
        ]
      },
      {
        "date": "2024-05-03",
        "close": 41.10613,
        "volume": 253718,
        "typical_volume": 326215.5,
        "trend": 42.408245,
        "fair_value": 57.748787,
        "relative_strength": -17.068153,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.180703,
        "energy": 60.39272,
        "activity_lines": [
          40.05678,
          41.716518,
          43.108954,
          43.154827
        ]
      },
      {
        "date": "2024-05-10",
        "close": 41.10613,
        "volume": 269866,
        "typical_volume": 321608.75,
        "trend": 42.500294,
        "fair_value": 57.490641,
        "relative_strength": -17.45334,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.516318,
        "energy": 57.468303,
        "activity_lines": [
          40.261916,
          41.322743,
          42.850879,
          43.07082
        ]
      },
      {
        "date": "2024-05-17",
        "close": 42.802449,
        "volume": 285173,
        "typical_volume": 322582.2,
        "trend": 42.721209,
        "fair_value": 57.233635,
        "relative_strength": -15.08732,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.503715,
        "energy": 26.403837,
        "activity_lines": [
          41.150839,
          41.371516,
          42.776525,
          43.090314
        ]
      },
      {
        "date": "2024-05-24",
        "close": 41.640273,
        "volume": 227295,
        "typical_volume": 320986.7,
        "trend": 42.955985,
        "fair_value": 56.957045,
        "relative_strength": -17.798466,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -11.814544,
        "energy": 11.467968,
        "activity_lines": [
          41.573472,
          41.285015,
          42.604789,
          43.020576
        ]
      },
      {
        "date": "2024-05-31",
        "close": 40.041,
        "volume": 204781,
        "typical_volume": 322918.9,
        "trend": 43.002009,
        "fair_value": 56.675765,
        "relative_strength": -18.920925,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -49.403234,
        "energy": 26.540669,
        "activity_lines": [
          41.232789,
          40.973337,
          42.295105,
          42.832512
        ]
      },
      {
        "date": "2024-06-07",
        "close": 41.10613,
        "volume": 249268,
        "typical_volume": 327099.0,
        "trend": 43.133507,
        "fair_value": 56.353786,
        "relative_strength": -18.205275,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.270463,
        "energy": 22.103985,
        "activity_lines": [
          41.1551,
          40.939238,
          42.109216,
          42.710197
        ]
      },
      {
        "date": "2024-06-14",
        "close": 41.263927,
        "volume": 282642,
        "typical_volume": 331359.15,
        "trend": 43.151916,
        "fair_value": 56.04192,
        "relative_strength": -19.940255,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.33423,
        "energy": 25.534089,
        "activity_lines": [
          41.13001,
          41.002687,
          41.946433,
          42.589579
        ]
      },
      {
        "date": "2024-06-21",
        "close": 41.027232,
        "volume": 296965,
        "typical_volume": 334381.05,
        "trend": 43.131653,
        "fair_value": 55.69896,
        "relative_strength": -19.882906,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.382899,
        "energy": 29.60979,
        "activity_lines": [
          41.015502,
          41.052508,
          41.769186,
          42.452503
        ]
      },
      {
        "date": "2024-06-28",
        "close": 41.185029,
        "volume": 270266,
        "typical_volume": 332847.65,
        "trend": 43.097463,
        "fair_value": 55.34159,
        "relative_strength": -18.876606,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.404899,
        "energy": 24.450683,
        "activity_lines": [
          41.071941,
          41.141778,
          41.614293,
          42.326914
        ]
      },
      {
        "date": "2024-07-05",
        "close": 41.046957,
        "volume": 212190,
        "typical_volume": 329993.1,
        "trend": 43.074451,
        "fair_value": 54.995469,
        "relative_strength": -21.277354,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.377371,
        "energy": 23.893844,
        "activity_lines": [
          41.112705,
          41.151432,
          41.460715,
          42.194624
        ]
      },
      {
        "date": "2024-07-12",
        "close": 44.459318,
        "volume": 269444,
        "typical_volume": 336233.35,
        "trend": 43.066561,
        "fair_value": 54.706109,
        "relative_strength": -13.893471,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.279647,
        "energy": 7.560152,
        "activity_lines": [
          42.22386,
          41.738122,
          41.651379,
          42.28397
        ]
      },
      {
        "date": "2024-07-19",
        "close": 44.13465,
        "volume": 408082,
        "typical_volume": 330755.55,
        "trend": 43.012345,
        "fair_value": 54.408095,
        "relative_strength": -10.351012,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.909984,
        "energy": 16.025315,
        "activity_lines": [
          43.003246,
          42.204814,
          41.814692,
          42.352879
        ]
      },
      {
        "date": "2024-07-26",
        "close": 46.234534,
        "volume": 215640,
        "typical_volume": 299169.3,
        "trend": 43.033634,
        "fair_value": 54.124805,
        "relative_strength": -3.099046,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 37.423914,
        "energy": 51.620478,
        "activity_lines": [
          44.291211,
          42.998239,
          42.1987,
          42.560762
        ]
      },
      {
        "date": "2024-08-02",
        "close": 43.709782,
        "volume": 236920,
        "typical_volume": 272060.9,
        "trend": 43.002075,
        "fair_value": 53.796007,
        "relative_strength": -5.005618,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 20.218972,
        "energy": 46.834578,
        "activity_lines": [
          44.390439,
          43.270217,
          42.345825,
          42.604384
        ]
      },
      {
        "date": "2024-08-09",
        "close": 43.78868,
        "volume": 338738,
        "typical_volume": 280829.85,
        "trend": 42.970516,
        "fair_value": 53.495775,
        "relative_strength": -4.732169,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.100397,
        "energy": 42.764084,
        "activity_lines": [
          44.34765,
          43.518912,
          42.507791,
          42.655133
        ]
      },
      {
        "date": "2024-08-16",
        "close": 44.85381,
        "volume": 407335,
        "typical_volume": 283665.35,
        "trend": 43.038894,
        "fair_value": 53.216527,
        "relative_strength": -7.028142,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.335061,
        "energy": 34.982951,
        "activity_lines": [
          44.477122,
          43.893127,
          42.77533,
          42.776636
        ]
      },
      {
        "date": "2024-08-23",
        "close": 45.563897,
        "volume": 283490,
        "typical_volume": 284931.15,
        "trend": 43.125683,
        "fair_value": 52.900372,
        "relative_strength": -6.076032,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 36.014848,
        "energy": 29.125049,
        "activity_lines": [
          44.816991,
          44.32831,
          43.110684,
          42.939539
        ]
      },
      {
        "date": "2024-08-30",
        "close": 44.893259,
        "volume": 153772,
        "typical_volume": 277125.55,
        "trend": 43.203266,
        "fair_value": 52.560706,
        "relative_strength": -6.27789,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 29.21122,
        "energy": 26.942143,
        "activity_lines": [
          44.83803,
          44.563377,
          43.369395,
          43.053577
        ]
      },
      {
        "date": "2024-09-06",
        "close": 42.131811,
        "volume": 225029,
        "typical_volume": 276008.8,
        "trend": 43.133572,
        "fair_value": 52.225584,
        "relative_strength": -6.236398,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 3.272751,
        "energy": 10.463921,
        "activity_lines": [
          44.028005,
          44.226072,
          43.349518,
          42.98445
        ]
      },
      {
        "date": "2024-09-13",
        "close": 44.737829,
        "volume": 68654,
        "typical_volume": 257963.4,
        "trend": 43.121817,
        "fair_value": 51.90009,
        "relative_strength": -5.610282,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 16.381538,
        "energy": 14.283002,
        "activity_lines": [
          44.191851,
          44.345374,
          43.559048,
          43.087951
        ]
      },
      {
        "date": "2024-09-20",
        "close": 44.656564,
        "volume": 182645,
        "typical_volume": 254409.75,
        "trend": 43.103407,
        "fair_value": 51.595309,
        "relative_strength": -6.804336,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 41.737676,
        "energy": 20.17048,
        "activity_lines": [
          44.265332,
          44.382793,
          43.731898,
          43.186967
        ]
      },
      {
        "date": "2024-09-27",
        "close": 43.981982,
        "volume": 415064,
        "typical_volume": 261669.65,
        "trend": 42.953368,
        "fair_value": 51.319321,
        "relative_strength": -8.757191,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.400384,
        "energy": 17.331483,
        "activity_lines": [
          44.127102,
          44.293975,
          43.823595,
          43.243649
        ]
      },
      {
        "date": "2024-10-04",
        "close": 43.473086,
        "volume": 208583,
        "typical_volume": 257840.15,
        "trend": 42.836335,
        "fair_value": 51.064844,
        "relative_strength": -9.585891,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.900409,
        "energy": 16.766047,
        "activity_lines": [
          43.924701,
          44.115406,
          43.853131,
          43.277179
        ]
      },
      {
        "date": "2024-10-11",
        "close": 43.338959,
        "volume": 242068,
        "typical_volume": 258578.8,
        "trend": 42.772691,
        "fair_value": 50.800154,
        "relative_strength": -10.657543,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.121097,
        "energy": 14.021415,
        "activity_lines": [
          43.772269,
          43.962659,
          43.8667,
          43.309607
        ]
      },
      {
        "date": "2024-10-18",
        "close": 43.295564,
        "volume": 146677,
        "typical_volume": 255673.6,
        "trend": 42.727324,
        "fair_value": 50.530383,
        "relative_strength": -10.682607,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.56541,
        "energy": 11.965347,
        "activity_lines": [
          43.524896,
          43.808763,
          43.868046,
          43.34334
        ]
      },
      {
        "date": "2024-10-25",
        "close": 41.382275,
        "volume": 140933,
        "typical_volume": 250256.85,
        "trend": 42.610291,
        "fair_value": 50.253909,
        "relative_strength": -14.485438,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -5.953383,
        "energy": 15.611158,
        "activity_lines": [
          42.735911,
          43.315963,
          43.671677,
          43.256563
        ]
      },
      {
        "date": "2024-11-01",
        "close": 41.382275,
        "volume": 135548,
        "typical_volume": 242902.15,
        "trend": 42.560322,
        "fair_value": 49.955189,
        "relative_strength": -12.741232,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.843241,
        "energy": 40.938723,
        "activity_lines": [
          42.165211,
          42.886282,
          43.473993,
          43.177336
        ]
      },
      {
        "date": "2024-11-08",
        "close": 42.486855,
        "volume": 176220,
        "typical_volume": 236864.9,
        "trend": 42.589252,
        "fair_value": 49.681751,
        "relative_strength": -14.792697,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.836015,
        "energy": 39.320715,
        "activity_lines": [
          42.136019,
          42.733463,
          43.380944,
          43.172596
        ]
      },
      {
        "date": "2024-11-15",
        "close": 38.068537,
        "volume": 243581,
        "typical_volume": 235530.65,
        "trend": 42.585307,
        "fair_value": 49.383529,
        "relative_strength": -20.486872,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -56.659396,
        "energy": 65.776122,
        "activity_lines": [
          40.699803,
          41.821066,
          42.860152,
          42.880937
        ]
      },
      {
        "date": "2024-11-22",
        "close": 39.764856,
        "volume": 297529,
        "typical_volume": 239797.6,
        "trend": 42.622126,
        "fair_value": 49.113624,
        "relative_strength": -17.983357,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.068927,
        "energy": 60.162453,
        "activity_lines": [
          40.180388,
          41.290968,
          42.515754,
          42.698973
        ]
      },
      {
        "date": "2024-11-29",
        "close": 42.762999,
        "volume": 235163,
        "typical_volume": 238083.55,
        "trend": 42.677355,
        "fair_value": 48.896813,
        "relative_strength": -12.040135,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.853858,
        "energy": 33.163714,
        "activity_lines": [
          40.895734,
          41.396405,
          42.462999,
          42.708061
        ]
      },
      {
        "date": "2024-12-06",
        "close": 42.289608,
        "volume": 194086,
        "typical_volume": 227383.75,
        "trend": 42.716804,
        "fair_value": 48.663569,
        "relative_strength": -15.321582,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -52.103126,
        "energy": 34.736515,
        "activity_lines": [
          41.361236,
          41.4502,
          42.373237,
          42.683045
        ]
      },
      {
        "date": "2024-12-13",
        "close": 40.514391,
        "volume": 516080,
        "typical_volume": 242405.75,
        "trend": 42.640536,
        "fair_value": 48.403272,
        "relative_strength": -18.925841,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.706402,
        "energy": 28.939345,
        "activity_lines": [
          41.174509,
          41.211998,
          42.123192,
          42.540954
        ]
      },
      {
        "date": "2024-12-20",
        "close": 39.01532,
        "volume": 632386,
        "typical_volume": 262179.05,
        "trend": 42.553037,
        "fair_value": 48.132102,
        "relative_strength": -19.524773,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.776535,
        "energy": 33.338371,
        "activity_lines": [
          40.619589,
          40.755032,
          41.757618,
          42.307069
        ]
      },
      {
        "date": "2024-12-27",
        "close": 38.798349,
        "volume": 301042,
        "typical_volume": 260294.25,
        "trend": 42.511615,
        "fair_value": 47.878843,
        "relative_strength": -20.076384,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.088197,
        "energy": 49.713107,
        "activity_lines": [
          39.929228,
          40.337228,
          41.393734,
          42.064831
        ]
      },
      {
        "date": "2025-01-03",
        "close": 39.339198,
        "volume": 451840,
        "typical_volume": 262519.5,
        "trend": 42.452718,
        "fair_value": 47.680638,
        "relative_strength": -17.703762,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.358113,
        "energy": 60.43338,
        "activity_lines": [
          39.483582,
          40.099529,
          41.105124,
          41.860159
        ]
      },
      {
        "date": "2025-01-10",
        "close": 39.370363,
        "volume": 207370,
        "typical_volume": 258713.5,
        "trend": 42.389599,
        "fair_value": 47.497553,
        "relative_strength": -15.218525,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.954843,
        "energy": 59.714836,
        "activity_lines": [
          39.276579,
          39.904642,
          40.845741,
          41.661298
        ]
      },
      {
        "date": "2025-01-17",
        "close": 37.891016,
        "volume": 274955,
        "typical_volume": 264772.65,
        "trend": 42.285058,
        "fair_value": 47.34494,
        "relative_strength": -20.183416,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.210961,
        "energy": 62.503729,
        "activity_lines": [
          38.771076,
          39.477364,
          40.474961,
          41.371067
        ]
      },
      {
        "date": "2025-01-24",
        "close": 40.159348,
        "volume": 214958,
        "typical_volume": 264269.1,
        "trend": 42.250869,
        "fair_value": 47.215971,
        "relative_strength": -16.202446,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.061896,
        "energy": 36.629726,
        "activity_lines": [
          39.196576,
          39.54607,
          40.353557,
          41.233924
        ]
      },
      {
        "date": "2025-01-31",
        "close": 40.159348,
        "volume": 334424,
        "typical_volume": 277557.6,
        "trend": 42.221282,
        "fair_value": 47.07183,
        "relative_strength": -14.608923,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.371694,
        "energy": 29.491848,
        "activity_lines": [
          39.545807,
          39.576761,
          40.241545,
          41.098987
        ]
      },
      {
        "date": "2025-02-07",
        "close": 38.766789,
        "volume": 378321,
        "typical_volume": 287341.4,
        "trend": 42.031531,
        "fair_value": 46.918003,
        "relative_strength": -17.180197,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.152877,
        "energy": 31.668568,
        "activity_lines": [
          39.340118,
          39.347088,
          40.018712,
          40.876117
        ]
      },
      {
        "date": "2025-02-14",
        "close": 39.093035,
        "volume": 286445,
        "typical_volume": 280910.45,
        "trend": 41.863477,
        "fair_value": 46.784728,
        "relative_strength": -18.272648,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.895634,
        "energy": 23.987151,
        "activity_lines": [
          39.281339,
          39.24939,
          39.854995,
          40.686536
        ]
      },
      {
        "date": "2025-02-21",
        "close": 38.778624,
        "volume": 380310,
        "typical_volume": 289496.8,
        "trend": 41.614947,
        "fair_value": 46.641598,
        "relative_strength": -16.52077,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.716664,
        "energy": 31.578588,
        "activity_lines": [
          39.136245,
          39.152646,
          39.684616,
          40.487513
        ]
      },
      {
        "date": "2025-02-28",
        "close": 36.411668,
        "volume": 386499,
        "typical_volume": 296718.35,
        "trend": 41.371676,
        "fair_value": 46.509089,
        "relative_strength": -18.180106,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.417291,
        "energy": 59.470356,
        "activity_lines": [
          38.142991,
          38.657106,
          39.311166,
          40.151818
        ]
      },
      {
        "date": "2025-03-07",
        "close": 36.06412,
        "volume": 651649,
        "typical_volume": 321966.95,
        "trend": 41.114191,
        "fair_value": 46.385984,
        "relative_strength": -15.625986,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.796996,
        "energy": 68.556055,
        "activity_lines": [
          37.283734,
          38.145714,
          38.937604,
          39.809395
        ]
      },
      {
        "date": "2025-03-14",
        "close": 34.860918,
        "volume": 248401,
        "typical_volume": 327340.35,
        "trend": 40.781095,
        "fair_value": 46.221281,
        "relative_strength": -15.778032,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.409725,
        "energy": 79.692028,
        "activity_lines": [
          36.296424,
          37.465272,
          38.483887,
          39.405958
        ]
      },
      {
        "date": "2025-03-21",
        "close": 34.360307,
        "volume": 289298,
        "typical_volume": 335027.85,
        "trend": 40.407642,
        "fair_value": 46.06576,
        "relative_strength": -16.651722,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.262218,
        "energy": 85.272792,
        "activity_lines": [
          35.402635,
          36.775233,
          38.013547,
          38.991714
        ]
      },
      {
        "date": "2025-03-28",
        "close": 32.940133,
        "volume": 440812,
        "typical_volume": 348257.45,
        "trend": 40.009204,
        "fair_value": 45.883686,
        "relative_strength": -17.607417,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.51056,
        "energy": 87.857586,
        "activity_lines": [
          34.35097,
          35.918072,
          37.44139,
          38.509939
        ]
      },
      {
        "date": "2025-04-04",
        "close": 28.758512,
        "volume": 941283,
        "typical_volume": 383142.55,
        "trend": 39.563428,
        "fair_value": 45.686693,
        "relative_strength": -19.650246,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -94.019728,
        "energy": 96.063626,
        "activity_lines": [
          32.294665,
          34.390632,
          36.516444,
          37.784088
        ]
      },
      {
        "date": "2025-04-11",
        "close": 29.823642,
        "volume": 549821,
        "typical_volume": 395757.15,
        "trend": 39.066288,
        "fair_value": 45.511194,
        "relative_strength": -21.962823,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.988153,
        "energy": 91.420897,
        "activity_lines": [
          31.103613,
          33.264141,
          35.737272,
          37.155715
        ]
      },
      {
        "date": "2025-04-18",
        "close": 29.863091,
        "volume": 236779,
        "typical_volume": 395837.95,
        "trend": 38.573172,
        "fair_value": 45.364018,
        "relative_strength": -19.580051,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.914882,
        "energy": 88.316013,
        "activity_lines": [
          30.341742,
          32.332744,
          35.009196,
          36.56196
        ]
      },
      {
        "date": "2025-04-25",
        "close": 31.953902,
        "volume": 138524,
        "typical_volume": 393059.85,
        "trend": 38.172236,
        "fair_value": 45.246682,
        "relative_strength": -18.708987,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.332556,
        "energy": 77.447576,
        "activity_lines": [
          30.609997,
          31.94338,
          34.541674,
          36.13491
        ]
      },
      {
        "date": "2025-05-02",
        "close": 32.348394,
        "volume": 167080,
        "typical_volume": 375609.85,
        "trend": 37.801413,
        "fair_value": 45.1473,
        "relative_strength": -19.911361,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.889552,
        "energy": 58.218127,
        "activity_lines": [
          31.170176,
          31.755544,
          34.16094,
          35.759178
        ]
      },
      {
        "date": "2025-05-09",
        "close": 29.600753,
        "volume": 554171,
        "typical_volume": 371699.1,
        "trend": 37.343473,
        "fair_value": 45.038397,
        "relative_strength": -26.018505,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -73.69484,
        "energy": 57.297183,
        "activity_lines": [
          30.853925,
          31.18505,
          33.557411,
          35.230104
        ]
      },
      {
        "date": "2025-05-16",
        "close": 30.494279,
        "volume": 353653,
        "typical_volume": 374329.65,
        "trend": 36.916764,
        "fair_value": 44.928142,
        "relative_strength": -28.065234,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.185665,
        "energy": 49.148574,
        "activity_lines": [
          30.779366,
          30.90085,
          33.083811,
          34.78822
        ]
      },
      {
        "date": "2025-05-23",
        "close": 30.375931,
        "volume": 149885,
        "typical_volume": 359231.9,
        "trend": 36.549885,
        "fair_value": 44.809288,
        "relative_strength": -26.061093,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.691978,
        "energy": 48.471531,
        "activity_lines": [
          30.620648,
          30.696403,
          32.638484,
          34.366231
        ]
      },
      {
        "date": "2025-05-30",
        "close": 30.652076,
        "volume": 67090,
        "typical_volume": 352217.9,
        "trend": 36.192212,
        "fair_value": 44.701308,
        "relative_strength": -26.274452,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.811593,
        "energy": 49.419063,
        "activity_lines": [
          30.519789,
          30.623708,
          32.262138,
          33.985727
        ]
      },
      {
        "date": "2025-06-06",
        "close": 32.979583,
        "volume": 197141,
        "typical_volume": 348327.2,
        "trend": 35.875303,
        "fair_value": 44.625192,
        "relative_strength": -21.785555,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.618935,
        "energy": 34.548666,
        "activity_lines": [
          31.281555,
          31.04162,
          32.148975,
          33.778461
        ]
      },
      {
        "date": "2025-06-13",
        "close": 32.742887,
        "volume": 290349,
        "typical_volume": 352096.75,
        "trend": 35.697781,
        "fair_value": 44.550592,
        "relative_strength": -21.44558,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.031822,
        "energy": 24.532739,
        "activity_lines": [
          31.922342,
          31.415778,
          32.036657,
          33.576369
        ]
      },
      {
        "date": "2025-06-20",
        "close": 32.190597,
        "volume": 180808,
        "typical_volume": 344415.95,
        "trend": 35.445306,
        "fair_value": 44.431486,
        "relative_strength": -22.281841,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -34.253681,
        "energy": 21.600314,
        "activity_lines": [
          32.169558,
          31.617077,
          31.907057,
          33.350099
        ]
      },
      {
        "date": "2025-06-27",
        "close": 33.17004,
        "volume": 254210,
        "typical_volume": 338210.4,
        "trend": 35.125541,
        "fair_value": 44.325233,
        "relative_strength": -22.61891,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -17.746287,
        "energy": 19.620442,
        "activity_lines": [
          32.630166,
          31.95342,
          31.908683,
          33.203308
        ]
      },
      {
        "date": "2025-07-04",
        "close": 34.473148,
        "volume": 154993,
        "typical_volume": 331637.8,
        "trend": 34.864992,
        "fair_value": 44.189907,
        "relative_strength": -20.338895,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 4.586283,
        "energy": 17.994516,
        "activity_lines": [
          33.33887,
          32.466567,
          32.061066,
          33.161218
        ]
      },
      {
        "date": "2025-07-11",
        "close": 34.947006,
        "volume": 289835,
        "typical_volume": 327114.05,
        "trend": 34.679413,
        "fair_value": 44.057618,
        "relative_strength": -18.399066,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 10.633841,
        "energy": 25.116765,
        "activity_lines": [
          33.950788,
          33.020064,
          32.280578,
          33.166509
        ]
      },
      {
        "date": "2025-07-18",
        "close": 34.098011,
        "volume": 252346,
        "typical_volume": 320406.4,
        "trend": 34.515502,
        "fair_value": 43.919887,
        "relative_strength": -20.739286,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.428732,
        "energy": 30.350819,
        "activity_lines": [
          34.148547,
          33.371952,
          32.437479,
          33.129
        ]
      },
      {
        "date": "2025-07-25",
        "close": 35.69886,
        "volume": 254575,
        "typical_volume": 300552.7,
        "trend": 34.412186,
        "fair_value": 43.788625,
        "relative_strength": -16.988056,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 35.900238,
        "energy": 58.196447,
        "activity_lines": [
          34.78958,
          33.933134,
          32.75786,
          33.205345
        ]
      },
      {
        "date": "2025-08-01",
        "close": 34.080636,
        "volume": 239262,
        "typical_volume": 300095.75,
        "trend": 34.236901,
        "fair_value": 43.612598,
        "relative_strength": -18.209547,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 21.479511,
        "energy": 42.376133,
        "activity_lines": [
          34.657321,
          34.105466,
          32.925863,
          33.183955
        ]
      },
      {
        "date": "2025-08-08",
        "close": 34.411942,
        "volume": 158355,
        "typical_volume": 293548.6,
        "trend": 34.07162,
        "fair_value": 43.424787,
        "relative_strength": -19.607323,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 20.428081,
        "energy": 26.935969,
        "activity_lines": [
          34.574791,
          34.270676,
          33.129135,
          33.195248
        ]
      },
      {
        "date": "2025-08-15",
        "close": 36.743717,
        "volume": 146132,
        "typical_volume": 278814.6,
        "trend": 34.033377,
        "fair_value": 43.296176,
        "relative_strength": -13.878732,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 50.711076,
        "energy": 51.10843,
        "activity_lines": [
          35.273599,
          34.791484,
          33.554234,
          33.367641
        ]
      },
      {
        "date": "2025-08-22",
        "close": 36.905618,
        "volume": 286503,
        "typical_volume": 246075.6,
        "trend": 33.924919,
        "fair_value": 43.174926,
        "relative_strength": -11.978651,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 46.582071,
        "energy": 53.230671,
        "activity_lines": [
          35.906594,
          35.273291,
          33.976641,
          33.552947
        ]
      },
      {
        "date": "2025-08-29",
        "close": 36.268279,
        "volume": 177493,
        "typical_volume": 227459.2,
        "trend": 33.795217,
        "fair_value": 43.062739,
        "relative_strength": -12.544768,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 37.183215,
        "energy": 59.072947,
        "activity_lines": [
          36.139969,
          35.563531,
          34.299552,
          33.704132
        ]
      },
      {
        "date": "2025-09-05",
        "close": 37.503863,
        "volume": 51659,
        "typical_volume": 218203.2,
        "trend": 33.753119,
        "fair_value": 42.93622,
        "relative_strength": -9.754033,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 75.216431,
        "energy": 81.488742,
        "activity_lines": [
          36.747244,
          36.004283,
          34.70945,
          33.943399
        ]
      },
      {
        "date": "2025-09-12",
        "close": 35.986038,
        "volume": 49696,
        "typical_volume": 213761.8,
        "trend": 33.649552,
        "fair_value": 42.821972,
        "relative_strength": -14.209398,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.271553,
        "energy": 66.255396,
        "activity_lines": [
          36.620362,
          36.09027,
          34.938408,
          34.087458
        ]
      },
      {
        "date": "2025-09-19",
        "close": 37.076108,
        "volume": 58589,
        "typical_volume": 208337.25,
        "trend": 33.592802,
        "fair_value": 42.750362,
        "relative_strength": -12.749499,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.511171,
        "energy": 50.713802,
        "activity_lines": [
          36.751897,
          36.346945,
          35.251982,
          34.308527
        ]
      },
      {
        "date": "2025-09-26",
        "close": 37.386978,
        "volume": 63726,
        "typical_volume": 183815.0,
        "trend": 33.625312,
        "fair_value": 42.672658,
        "relative_strength": -10.94263,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.366907,
        "energy": 52.188645,
        "activity_lines": [
          36.964896,
          36.621431,
          35.57265,
          34.553312
        ]
      },
      {
        "date": "2025-10-03",
        "close": 40.424406,
        "volume": 60044,
        "typical_volume": 169134.55,
        "trend": 33.770655,
        "fair_value": 42.615436,
        "relative_strength": -4.26599,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.248566,
        "energy": 64.69161,
        "activity_lines": [
          38.15828,
          37.388377,
          36.145519,
          34.991963
        ]
      },
      {
        "date": "2025-10-10",
        "close": 40.464585,
        "volume": 83012,
        "typical_volume": 165790.9,
        "trend": 33.957444,
        "fair_value": 42.567575,
        "relative_strength": -1.414301,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.781522,
        "energy": 84.443794,
        "activity_lines": [
          39.087982,
          38.076709,
          36.674928,
          35.42383
        ]
      },
      {
        "date": "2025-10-17",
        "close": 42.165142,
        "volume": 75018,
        "typical_volume": 166187.3,
        "trend": 34.217605,
        "fair_value": 42.52227,
        "relative_strength": 0.781128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.568913,
        "energy": 91.119876,
        "activity_lines": [
          40.387155,
          38.958161,
          37.318254,
          35.953359
        ]
      },
      {
        "date": "2025-10-24",
        "close": 43.145732,
        "volume": 38576,
        "typical_volume": 158259.05,
        "trend": 34.557792,
        "fair_value": 42.461757,
        "relative_strength": 1.319888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.931713,
        "energy": 93.631895,
        "activity_lines": [
          41.601252,
          39.876935,
          38.000146,
          36.529367
        ]
      },
      {
        "date": "2025-10-31",
        "close": 44.853594,
        "volume": 50699,
        "typical_volume": 146276.55,
        "trend": 35.094295,
        "fair_value": 42.427869,
        "relative_strength": 3.732414,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.022603,
        "energy": 95.145645,
        "activity_lines": [
          42.979993,
          40.98983,
          38.79628,
          37.193612
        ]
      },
      {
        "date": "2025-11-07",
        "close": 42.041643,
        "volume": 58963,
        "typical_volume": 140184.3,
        "trend": 35.501561,
        "fair_value": 42.34814,
        "relative_strength": 0.709659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.60691,
        "energy": 81.72438,
        "activity_lines": [
          42.923644,
          41.446952,
          39.26694,
          37.641828
        ]
      },
      {
        "date": "2025-11-14",
        "close": 42.647194,
        "volume": 40047,
        "typical_volume": 129476.15,
        "trend": 35.927698,
        "fair_value": 42.29227,
        "relative_strength": 2.510237,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.717988,
        "energy": 68.78656,
        "activity_lines": [
          42.961329,
          41.909203,
          39.748362,
          38.102837
        ]
      },
      {
        "date": "2025-11-21",
        "close": 43.071691,
        "volume": 38498,
        "typical_volume": 123651.4,
        "trend": 36.298291,
        "fair_value": 42.238615,
        "relative_strength": 7.009418,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.573813,
        "energy": 61.941575,
        "activity_lines": [
          42.995005,
          42.355121,
          40.225082,
          38.56374
        ]
      },
      {
        "date": "2025-11-28",
        "close": 45.788278,
        "volume": 14721,
        "typical_volume": 109895.7,
        "trend": 36.746287,
        "fair_value": 42.185684,
        "relative_strength": 8.716837,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.511293,
        "energy": 65.368382,
        "activity_lines": [
          43.873774,
          43.166134,
          40.91958,
          39.175997
        ]
      },
      {
        "date": "2025-12-05",
        "close": 46.278721,
        "volume": 57237,
        "typical_volume": 100140.25,
        "trend": 37.302219,
        "fair_value": 42.155622,
        "relative_strength": 8.995321,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.224309,
        "energy": 66.760374,
        "activity_lines": [
          44.739855,
          43.907916,
          41.609161,
          39.790992
        ]
      },
      {
        "date": "2025-12-12",
        "close": 46.218995,
        "volume": 166330,
        "typical_volume": 95728.0,
        "trend": 37.826377,
        "fair_value": 42.121383,
        "relative_strength": 11.004219,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.871671,
        "energy": 66.963402,
        "activity_lines": [
          45.491018,
          44.477169,
          42.235051,
          40.366268
        ]
      },
      {
        "date": "2025-12-19",
        "close": 46.497288,
        "volume": 34958,
        "typical_volume": 85512.8,
        "trend": 38.363755,
        "fair_value": 42.09955,
        "relative_strength": 11.060341,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.594047,
        "energy": 74.272724,
        "activity_lines": [
          46.056455,
          44.991666,
          42.837349,
          40.925682
        ]
      },
      {
        "date": "2025-12-26",
        "close": 46.599759,
        "volume": 29250,
        "typical_volume": 79057.55,
        "trend": 38.895345,
        "fair_value": 42.078373,
        "relative_strength": 9.941534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.845895,
        "energy": 69.211004,
        "activity_lines": [
          46.399377,
          45.415108,
          43.39028,
          41.457037
        ]
      },
      {
        "date": "2026-01-02",
        "close": 45.6656,
        "volume": 35504,
        "typical_volume": 73526.15,
        "trend": 39.318212,
        "fair_value": 42.047668,
        "relative_strength": 9.684723,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.389331,
        "energy": 60.249376,
        "activity_lines": [
          46.195707,
          45.588073,
          43.796205,
          41.893828
        ]
      },
      {
        "date": "2026-01-09",
        "close": 47.3642,
        "volume": 42649,
        "typical_volume": 61333.45,
        "trend": 39.805589,
        "fair_value": 42.007368,
        "relative_strength": 11.384989,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.71989,
        "energy": 59.697755,
        "activity_lines": [
          46.566417,
          46.02406,
          44.321417,
          42.412924
        ]
      },
      {
        "date": "2026-01-16",
        "close": 47.81,
        "volume": 56076,
        "typical_volume": 55262.6,
        "trend": 40.326236,
        "fair_value": 41.974225,
        "relative_strength": 13.281439,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.74574,
        "energy": 61.548064,
        "activity_lines": [
          47.01336,
          46.495453,
          44.839283,
          42.929337
        ]
      },
      {
        "date": "2026-01-23",
        "close": 49.5007,
        "volume": 48233,
        "typical_volume": 55091.3,
        "trend": 40.870591,
        "fair_value": 41.941809,
        "relative_strength": 16.903682,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.006226,
        "energy": 63.702611,
        "activity_lines": [
          47.917804,
          47.169367,
          45.463208,
          43.521238
        ]
      },
      {
        "date": "2026-01-30",
        "close": 47.688,
        "volume": 36965,
        "typical_volume": 54454.75,
        "trend": 41.311086,
        "fair_value": 41.896504,
        "relative_strength": 12.795517,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.235572,
        "energy": 56.391208,
        "activity_lines": [
          48.017787,
          47.38909,
          45.857367,
          43.961071
        ]
      },
      {
        "date": "2026-02-06",
        "close": 46.13,
        "volume": 42479,
        "typical_volume": 53649.25,
        "trend": 41.683853,
        "fair_value": 41.863718,
        "relative_strength": 11.260962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.528232,
        "energy": 49.2391,
        "activity_lines": [
          47.525887,
          47.241607,
          46.047421,
          44.271969
        ]
      },
      {
        "date": "2026-02-13",
        "close": 45.8114,
        "volume": 40284,
        "typical_volume": 52477.15,
        "trend": 42.074299,
        "fair_value": 41.820545,
        "relative_strength": 11.813452,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.144678,
        "energy": 36.24275,
        "activity_lines": [
          46.896827,
          47.029985,
          46.164019,
          44.538262
        ]
      },
      {
        "date": "2026-02-20",
        "close": 46.8831,
        "volume": 21154,
        "typical_volume": 50532.65,
        "trend": 42.447107,
        "fair_value": 41.808013,
        "relative_strength": 13.040735,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.781017,
        "energy": 25.274108,
        "activity_lines": [
          46.72852,
          47.021713,
          46.342567,
          44.848507
        ]
      },
      {
        "date": "2026-02-27",
        "close": 47.665,
        "volume": 37445,
        "typical_volume": 48254.3,
        "trend": 42.899919,
        "fair_value": 41.779503,
        "relative_strength": 15.003394,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.558037,
        "energy": 25.433567,
        "activity_lines": [
          46.88264,
          47.14353,
          46.564826,
          45.185146
        ]
      },
      {
        "date": "2026-03-06",
        "close": 45.2026,
        "volume": 96394,
        "typical_volume": 49323.1,
        "trend": 43.259608,
        "fair_value": 41.771118,
        "relative_strength": 10.381466,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.386195,
        "energy": 16.747202,
        "activity_lines": [
          46.33834,
          46.796407,
          46.518283,
          45.333706
        ]
      },
      {
        "date": "2026-03-13",
        "close": 43.2441,
        "volume": 29380,
        "typical_volume": 48863.3,
        "trend": 43.476287,
        "fair_value": 41.746127,
        "relative_strength": 6.677666,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.569031,
        "energy": 10.198278,
        "activity_lines": [
          45.3069,
          46.118596,
          46.270752,
          45.332705
        ]
      },
      {
        "date": "2026-03-20",
        "close": 42.496,
        "volume": 90624,
        "typical_volume": 50859.55,
        "trend": 43.662633,
        "fair_value": 41.716852,
        "relative_strength": 6.896327,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -11.950923,
        "energy": 22.559366,
        "activity_lines": [
          44.218487,
          45.348795,
          45.951505,
          45.269461
        ]
      },
      {
        "date": "2026-03-27",
        "close": 41.4973,
        "volume": 37363,
        "typical_volume": 49779.55,
        "trend": 43.836934,
        "fair_value": 41.671312,
        "relative_strength": 7.767733,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -35.593549,
        "energy": 43.671226,
        "activity_lines": [
          43.0182,
          44.485924,
          45.54837,
          45.129762
        ]
      },
      {
        "date": "2026-04-03",
        "close": 44.1913,
        "volume": 26034,
        "typical_volume": 49078.9,
        "trend": 44.059848,
        "fair_value": 41.645285,
        "relative_strength": 10.147376,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.08312,
        "energy": 39.922167,
        "activity_lines": [
          43.074967,
          44.227647,
          45.404399,
          45.152624
        ]
      },
      {
        "date": "2026-04-10",
        "close": 43.9,
        "volume": 21272,
        "typical_volume": 48217.6,
        "trend": 44.323647,
        "fair_value": 41.609837,
        "relative_strength": 4.576697,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.044015,
        "energy": 40.610122,
        "activity_lines": [
          43.266213,
          44.012942,
          45.225332,
          45.142311
        ]
      },
      {
        "date": "2026-04-17",
        "close": 47.29,
        "volume": 21591,
        "typical_volume": 48561.1,
        "trend": 44.66411,
        "fair_value": 41.595613,
        "relative_strength": 5.93527,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 15.576039,
        "energy": 10.810097,
        "activity_lines": [
          44.6743,
          44.483473,
          45.365178,
          45.333689
        ]
      },
      {
        "date": "2026-04-24",
        "close": 45.97,
        "volume": 22166,
        "typical_volume": 46807.55,
        "trend": 44.950211,
        "fair_value": 41.580262,
        "relative_strength": 0.719092,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 6.304338,
        "energy": 12.338933,
        "activity_lines": [
          45.37266,
          44.692913,
          45.372159,
          45.41794
        ]
      },
      {
        "date": "2026-05-01",
        "close": 45.371021,
        "volume": 27291,
        "typical_volume": 39855.6,
        "trend": 45.115098,
        "fair_value": 41.545393,
        "relative_strength": -2.131747,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 4.62598,
        "energy": 13.842181,
        "activity_lines": [
          45.63976,
          44.790564,
          45.323564,
          45.445089
        ]
      },
      {
        "date": "2026-05-08",
        "close": 46.343036,
        "volume": 33771,
        "typical_volume": 39796.25,
        "trend": 45.311046,
        "fair_value": 41.523976,
        "relative_strength": -5.359836,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.025668,
        "energy": 20.127746,
        "activity_lines": [
          45.972618,
          45.092437,
          45.37158,
          45.524311
        ]
      },
      {
        "date": "2026-05-15",
        "close": 44.269737,
        "volume": 37475,
        "typical_volume": 40207.5,
        "trend": 45.3812,
        "fair_value": 41.485714,
        "relative_strength": -9.395622,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -3.196435,
        "energy": 6.504764,
        "activity_lines": [
          45.470926,
          45.041383,
          45.222873,
          45.45713
        ]
      },
      {
        "date": "2026-05-22",
        "close": 46.493084,
        "volume": 26032,
        "typical_volume": 39733.9,
        "trend": 45.492778,
        "fair_value": 41.470681,
        "relative_strength": -6.116036,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.530944,
        "energy": 12.172782,
        "activity_lines": [
          45.685701,
          45.411535,
          45.297009,
          45.528864
        ]
      },
      {
        "date": "2026-05-29",
        "close": 49.632203,
        "volume": 103976,
        "typical_volume": 42800.25,
        "trend": 45.652065,
        "fair_value": 41.465656,
        "relative_strength": -2.812152,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 60.165609,
        "energy": 40.507502,
        "activity_lines": [
          46.999977,
          46.293363,
          45.666169,
          45.795924
        ]
      },
      {
        "date": "2026-06-05",
        "close": 48.515235,
        "volume": 63427,
        "typical_volume": 43167.8,
        "trend": 45.867851,
        "fair_value": 41.456505,
        "relative_strength": -0.694394,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 50.676343,
        "energy": 44.810615,
        "activity_lines": [
          47.697783,
          46.842357,
          45.91815,
          45.980644
        ]
      },
      {
        "date": "2026-06-12",
        "close": 48.903641,
        "volume": 67618,
        "typical_volume": 44137.05,
        "trend": 46.0764,
        "fair_value": 41.447315,
        "relative_strength": -2.305791,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.920468,
        "energy": 61.740567,
        "activity_lines": [
          48.315444,
          47.334371,
          46.203765,
          46.176502
        ]
      },
      {
        "date": "2026-06-19",
        "close": 52.017486,
        "volume": 49269,
        "typical_volume": 44752.25,
        "trend": 46.374593,
        "fair_value": 41.473385,
        "relative_strength": 0.960372,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.016488,
        "energy": 75.629263,
        "activity_lines": [
          49.800346,
          48.30686,
          46.788779,
          46.559798
        ]
      },
      {
        "date": "2026-06-26",
        "close": 56.214033,
        "volume": 357062,
        "typical_volume": 60481.4,
        "trend": 46.722118,
        "fair_value": 41.527241,
        "relative_strength": 13.654714,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.162368,
        "energy": 86.250106,
        "activity_lines": [
          52.16758,
          49.894768,
          47.752847,
          47.1946
        ]
      },
      {
        "date": "2026-07-03",
        "close": 58.4,
        "volume": 279846,
        "typical_volume": 72459.5,
        "trend": 47.126161,
        "fair_value": 41.602696,
        "relative_strength": 16.435296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.583978,
        "energy": 94.575435,
        "activity_lines": [
          54.615407,
          51.717868,
          48.877084,
          47.948012
        ]
      },
      {
        "date": "2026-07-10",
        "close": 56.65,
        "volume": 142205,
        "typical_volume": 78512.05,
        "trend": 47.473861,
        "fair_value": 41.655807,
        "relative_strength": 10.48987,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.870263,
        "energy": 89.98466,
        "activity_lines": [
          55.895381,
          52.996787,
          49.774709,
          48.562453
        ]
      },
      {
        "date": "2026-07-17",
        "close": 54.9209,
        "volume": 236357,
        "typical_volume": 88457.65,
        "trend": 47.754648,
        "fair_value": 41.691764,
        "relative_strength": 11.221699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.662285,
        "energy": 87.067738,
        "activity_lines": [
          56.05667,
          53.756251,
          50.461148,
          49.042907
        ]
      },
      {
        "date": "2026-07-24",
        "close": 53.9873,
        "volume": 65841,
        "typical_volume": 86930.0,
        "trend": 48.000899,
        "fair_value": 41.726503,
        "relative_strength": 10.63614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.181414,
        "energy": 75.845609,
        "activity_lines": [
          55.505609,
          54.190009,
          51.024121,
          49.445014
        ]
      },
      {
        "date": "2026-07-31",
        "close": 54.17,
        "volume": 61892,
        "typical_volume": 88555.6,
        "trend": 48.284379,
        "fair_value": 41.778636,
        "relative_strength": 9.900677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.860282,
        "energy": 52.21905,
        "activity_lines": [
          54.884127,
          54.480302,
          51.562662,
          49.843021
        ]
      },
      {
        "date": "2026-08-07",
        "close": 58.1737,
        "volume": 122719,
        "typical_volume": 90160.35,
        "trend": 48.644696,
        "fair_value": 41.86579,
        "relative_strength": 11.69376,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.887292,
        "energy": 54.743566,
        "activity_lines": [
          55.73348,
          55.35896,
          52.43048,
          50.481041
        ]
      }
    ],
    "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."
    }
  }
}