{
  "ticker": {
    "uuid": "0b79d36f-32b5-444f-9221-501f20f48057",
    "symbol": "BUD",
    "name": "Anheuser Busch Inbev NV ADR",
    "exchange": "NYSE",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "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": 58.768,
    "architecture_energy": 43.0,
    "architecture_maturity": 39.743,
    "architecture_confidence": 81.983,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 31.74,
        "rotation_up": 49.8,
        "upward_expansion": 76.73,
        "deceleration": 59.25,
        "rotation_down": 22.58,
        "downward_expansion": 5.73
      },
      "activity_lines": [
        83.363333,
        82.625455,
        81.154838,
        79.216535
      ],
      "activity_state": "Moderate",
      "activity_direction": "Stable",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 83.76,
    "trend_reference": 76.855322,
    "distance_from_trend": 0.08984,
    "trend_direction": "Improving",
    "fair_value": 62.382725,
    "distance_from_fair_value": 0.342679,
    "fair_value_direction": "Improving",
    "relative_strength": 6.912092,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.121097,
    "excess_performance": -0.004528,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.08984,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.092832,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.342679,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.013241,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.069121,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.000323,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.121097,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.279208,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 8136926,
      "relative_activity": 0.868579,
      "balance": 1.279208,
      "dry_up": 0.936539,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.048521,
      "annualized_volatility": 0.317387,
      "from_high_reference": -0.032794,
      "from_low_reference": 0.474849
    },
    "levels": {
      "trend_reference": 76.855322,
      "fair_value_reference": 62.382725,
      "structural_low": 66.375021,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 19,
        "median_return": -0.010111,
        "positive_rate": 0.421053,
        "directional_follow_through": 0.421053,
        "median_excess_return": -0.018518,
        "regime_survival": 0.684211,
        "best_return": 0.129325,
        "worst_return": -0.165287,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": -0.014916,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.131383,
        "regime_survival": 0.285714,
        "best_return": 0.054129,
        "worst_return": -0.204657,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.005544,
        "positive_rate": 0.4,
        "directional_follow_through": 0.4,
        "median_excess_return": -0.167016,
        "regime_survival": 0.2,
        "best_return": 0.224195,
        "worst_return": -0.062634,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.082242,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.17367,
        "regime_survival": 0.333333,
        "best_return": 0.166311,
        "worst_return": -0.210179,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-22",
        "end": "2025-02-21",
        "tenure": "Established",
        "return": -0.013155,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-28",
        "end": "2025-03-07",
        "tenure": "New",
        "return": 0.05381,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-03-14",
        "end": "2025-04-25",
        "tenure": "Developing",
        "return": 0.04283,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-02",
        "end": "2025-07-11",
        "tenure": "Developing",
        "return": 0.038952,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-18",
        "end": "2025-07-25",
        "tenure": "New",
        "return": 0.033721,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-08-01",
        "end": "2025-08-08",
        "tenure": "New",
        "return": 0.085639,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-15",
        "end": "2025-08-29",
        "tenure": "New",
        "return": 0.021017,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-09-05",
        "end": "2025-09-26",
        "tenure": "New",
        "return": -0.018097,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-10-03",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": 0.071692,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-21",
        "end": "2025-12-26",
        "tenure": "Developing",
        "return": 0.028334,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-01-02",
        "end": "2026-01-23",
        "tenure": "New",
        "return": 0.096845,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-30",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.058594,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.118248,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-08",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.048442,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 53.147345,
        "volume": 7194892,
        "typical_volume": 11941391.8,
        "trend": 56.582541,
        "fair_value": 56.372346,
        "relative_strength": -8.993615,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.476235,
        "energy": 40.798655,
        "activity_lines": [
          54.001516,
          54.338989,
          54.947427,
          55.90915
        ]
      },
      {
        "date": "2023-08-25",
        "close": 54.014862,
        "volume": 7903361,
        "typical_volume": 11981325.7,
        "trend": 56.543123,
        "fair_value": 56.367933,
        "relative_strength": -8.310548,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.255597,
        "energy": 49.597408,
        "activity_lines": [
          53.833097,
          54.250764,
          54.72517,
          55.743493
        ]
      },
      {
        "date": "2023-09-01",
        "close": 53.557271,
        "volume": 10025030,
        "typical_volume": 11260605.25,
        "trend": 56.471511,
        "fair_value": 56.364854,
        "relative_strength": -11.372917,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.861165,
        "energy": 54.508414,
        "activity_lines": [
          53.632265,
          54.106207,
          54.499428,
          55.550858
        ]
      },
      {
        "date": "2023-09-08",
        "close": 53.595403,
        "volume": 7892449,
        "typical_volume": 11065934.45,
        "trend": 56.436933,
        "fair_value": 56.375593,
        "relative_strength": -10.218398,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.305974,
        "energy": 49.777492,
        "activity_lines": [
          53.61447,
          53.984876,
          54.311614,
          55.365303
        ]
      },
      {
        "date": "2023-09-15",
        "close": 54.215058,
        "volume": 10168922,
        "typical_volume": 11130289.95,
        "trend": 56.398854,
        "fair_value": 56.381947,
        "relative_strength": -9.06083,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.112507,
        "energy": 34.249771,
        "activity_lines": [
          53.820386,
          53.984876,
          54.221232,
          55.221956
        ]
      },
      {
        "date": "2023-09-22",
        "close": 53.805133,
        "volume": 7373710,
        "typical_volume": 10740270.0,
        "trend": 56.300055,
        "fair_value": 56.413769,
        "relative_strength": -7.08373,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.67283,
        "energy": 32.110341,
        "activity_lines": [
          53.853434,
          53.886598,
          54.124811,
          55.054619
        ]
      },
      {
        "date": "2023-09-29",
        "close": 52.718353,
        "volume": 8879533,
        "typical_volume": 10696475.55,
        "trend": 56.109816,
        "fair_value": 56.431631,
        "relative_strength": -8.36632,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.790893,
        "energy": 36.510299,
        "activity_lines": [
          53.48037,
          53.621056,
          53.962975,
          54.823541
        ]
      },
      {
        "date": "2023-10-06",
        "close": 50.335064,
        "volume": 17106033,
        "typical_volume": 11043487.85,
        "trend": 55.89723,
        "fair_value": 56.401614,
        "relative_strength": -12.900444,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -80.919574,
        "energy": 59.144915,
        "activity_lines": [
          52.39931,
          52.978521,
          53.600261,
          54.450977
        ]
      },
      {
        "date": "2023-10-13",
        "close": 51.202581,
        "volume": 10428413,
        "typical_volume": 10911366.8,
        "trend": 55.724541,
        "fair_value": 56.401342,
        "relative_strength": -11.761811,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.017342,
        "energy": 67.514843,
        "activity_lines": [
          51.822236,
          52.598755,
          53.350038,
          54.148096
        ]
      },
      {
        "date": "2023-10-20",
        "close": 50.115801,
        "volume": 9529379,
        "typical_volume": 10619127.85,
        "trend": 55.444414,
        "fair_value": 56.381241,
        "relative_strength": -11.531598,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -75.769704,
        "energy": 78.148268,
        "activity_lines": [
          51.042424,
          52.069578,
          53.011929,
          53.786242
        ]
      },
      {
        "date": "2023-10-27",
        "close": 50.363663,
        "volume": 10250308,
        "typical_volume": 10200149.5,
        "trend": 55.02981,
        "fair_value": 56.396396,
        "relative_strength": -8.804632,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.240676,
        "energy": 76.250523,
        "activity_lines": [
          50.618516,
          51.650119,
          52.707776,
          53.458452
        ]
      },
      {
        "date": "2023-11-03",
        "close": 56.159822,
        "volume": 14959963,
        "typical_volume": 10091314.1,
        "trend": 54.820646,
        "fair_value": 56.420432,
        "relative_strength": -3.882004,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -20.247424,
        "energy": 19.615092,
        "activity_lines": [
          52.356093,
          52.33512,
          52.966215,
          53.531356
        ]
      },
      {
        "date": "2023-11-10",
        "close": 56.827143,
        "volume": 10852770,
        "typical_volume": 10271104.6,
        "trend": 54.689567,
        "fair_value": 56.39137,
        "relative_strength": -3.993843,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -2.036987,
        "energy": 12.154016,
        "activity_lines": [
          54.086678,
          53.102452,
          53.285031,
          53.660807
        ]
      },
      {
        "date": "2023-11-17",
        "close": 58.466846,
        "volume": 8708184,
        "typical_volume": 10266635.65,
        "trend": 54.583029,
        "fair_value": 56.380642,
        "relative_strength": -3.393956,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 39.324187,
        "energy": 41.821038,
        "activity_lines": [
          55.931026,
          54.10846,
          53.748705,
          53.904502
        ]
      },
      {
        "date": "2023-11-24",
        "close": 60.163748,
        "volume": 4494883,
        "typical_volume": 10158538.35,
        "trend": 54.550308,
        "fair_value": 56.360699,
        "relative_strength": -1.541839,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 55.109367,
        "energy": 60.18212,
        "activity_lines": [
          57.856724,
          55.334424,
          54.353062,
          54.264549
        ]
      },
      {
        "date": "2023-12-01",
        "close": 60.430676,
        "volume": 5914526,
        "typical_volume": 10049288.8,
        "trend": 54.504549,
        "fair_value": 56.329959,
        "relative_strength": -1.780395,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 78.70872,
        "energy": 89.625159,
        "activity_lines": [
          59.201535,
          56.500762,
          54.948294,
          54.643927
        ]
      },
      {
        "date": "2023-12-08",
        "close": 60.077949,
        "volume": 6642435,
        "typical_volume": 9837732.5,
        "trend": 54.56715,
        "fair_value": 56.302294,
        "relative_strength": -2.385809,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.399882,
        "energy": 88.087911,
        "activity_lines": [
          59.757635,
          57.482504,
          55.486327,
          55.003502
        ]
      },
      {
        "date": "2023-12-15",
        "close": 59.591758,
        "volume": 7981897,
        "typical_volume": 9700740.5,
        "trend": 54.666612,
        "fair_value": 56.260486,
        "relative_strength": -5.148657,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.213117,
        "energy": 84.293077,
        "activity_lines": [
          59.890464,
          58.242037,
          55.957765,
          55.32767
        ]
      },
      {
        "date": "2023-12-22",
        "close": 61.488856,
        "volume": 7209679,
        "typical_volume": 9190753.75,
        "trend": 54.900174,
        "fair_value": 56.236471,
        "relative_strength": -2.730617,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.036392,
        "energy": 82.607909,
        "activity_lines": [
          60.471351,
          59.178193,
          56.593308,
          55.767815
        ]
      },
      {
        "date": "2023-12-29",
        "close": 61.603254,
        "volume": 3948219,
        "typical_volume": 8873229.3,
        "trend": 55.210638,
        "fair_value": 56.216983,
        "relative_strength": -2.603566,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.686992,
        "energy": 73.954369,
        "activity_lines": [
          60.888903,
          59.948125,
          57.203385,
          56.200271
        ]
      },
      {
        "date": "2024-01-05",
        "close": 61.250528,
        "volume": 4385155,
        "typical_volume": 8732742.45,
        "trend": 55.499492,
        "fair_value": 56.188298,
        "relative_strength": -1.353588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.690537,
        "energy": 72.927999,
        "activity_lines": [
          61.092913,
          60.445062,
          57.742099,
          56.589942
        ]
      },
      {
        "date": "2024-01-12",
        "close": 62.032246,
        "volume": 9526771,
        "typical_volume": 8813912.95,
        "trend": 55.717484,
        "fair_value": 56.179087,
        "relative_strength": -1.703461,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.648381,
        "energy": 80.143484,
        "activity_lines": [
          61.502838,
          60.886187,
          58.316676,
          57.01141
        ]
      },
      {
        "date": "2024-01-19",
        "close": 60.068416,
        "volume": 5122920,
        "typical_volume": 8568807.45,
        "trend": 55.904651,
        "fair_value": 56.16932,
        "relative_strength": -5.678179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.561322,
        "energy": 57.785356,
        "activity_lines": [
          61.127867,
          60.863481,
          58.666043,
          57.292115
        ]
      },
      {
        "date": "2024-01-26",
        "close": 59.191366,
        "volume": 7910236,
        "typical_volume": 8569696.8,
        "trend": 56.075295,
        "fair_value": 56.177166,
        "relative_strength": -7.780591,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.731029,
        "energy": 43.644433,
        "activity_lines": [
          60.428769,
          60.622379,
          58.900877,
          57.504161
        ]
      },
      {
        "date": "2024-02-02",
        "close": 59.210432,
        "volume": 6232656,
        "typical_volume": 8372883.5,
        "trend": 56.285342,
        "fair_value": 56.167708,
        "relative_strength": -8.81441,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.273722,
        "energy": 37.120393,
        "activity_lines": [
          59.889193,
          60.37157,
          59.110879,
          57.706428
        ]
      },
      {
        "date": "2024-02-09",
        "close": 61.49839,
        "volume": 16156356,
        "typical_volume": 8812015.8,
        "trend": 56.486174,
        "fair_value": 56.185186,
        "relative_strength": -6.403901,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.644336,
        "energy": 35.575903,
        "activity_lines": [
          60.27179,
          60.554087,
          59.514994,
          58.042754
        ]
      },
      {
        "date": "2024-02-16",
        "close": 59.334363,
        "volume": 9345087,
        "typical_volume": 8835293.5,
        "trend": 56.603432,
        "fair_value": 56.183458,
        "relative_strength": -9.135659,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.738864,
        "energy": 25.135699,
        "activity_lines": [
          59.916521,
          60.323731,
          59.676376,
          58.226508
        ]
      },
      {
        "date": "2024-02-23",
        "close": 60.41161,
        "volume": 9344262,
        "typical_volume": 8447204.95,
        "trend": 56.746747,
        "fair_value": 56.228526,
        "relative_strength": -8.649732,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.768157,
        "energy": 29.86328,
        "activity_lines": [
          60.100193,
          60.302759,
          59.908849,
          58.472197
        ]
      },
      {
        "date": "2024-03-01",
        "close": 57.361,
        "volume": 9766005,
        "typical_volume": 8414084.55,
        "trend": 56.863687,
        "fair_value": 56.234893,
        "relative_strength": -13.66312,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.195916,
        "energy": 9.89848,
        "activity_lines": [
          59.244116,
          59.712223,
          59.802804,
          58.511826
        ]
      },
      {
        "date": "2024-03-08",
        "close": 59.181833,
        "volume": 7507326,
        "typical_volume": 8312981.9,
        "trend": 57.047359,
        "fair_value": 56.241611,
        "relative_strength": -10.278877,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.773331,
        "energy": 15.937069,
        "activity_lines": [
          59.117007,
          59.5278,
          59.840846,
          58.661384
        ]
      },
      {
        "date": "2024-03-15",
        "close": 57.961589,
        "volume": 21160550,
        "typical_volume": 8858494.0,
        "trend": 57.207834,
        "fair_value": 56.23209,
        "relative_strength": -11.644541,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.377264,
        "energy": 12.924455,
        "activity_lines": [
          58.585057,
          59.16554,
          59.719503,
          58.720366
        ]
      },
      {
        "date": "2024-03-22",
        "close": 56.722278,
        "volume": 17629872,
        "typical_volume": 8991989.45,
        "trend": 57.298081,
        "fair_value": 56.220434,
        "relative_strength": -14.897631,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.459177,
        "energy": 22.800287,
        "activity_lines": [
          57.87579,
          58.63775,
          59.443949,
          58.68904
        ]
      },
      {
        "date": "2024-03-29",
        "close": 57.942522,
        "volume": 7335361,
        "typical_volume": 8816119.0,
        "trend": 57.444256,
        "fair_value": 56.213755,
        "relative_strength": -12.787584,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 3.673361,
        "energy": 18.353431,
        "activity_lines": [
          57.74741,
          58.428367,
          59.281931,
          58.730617
        ]
      },
      {
        "date": "2024-04-05",
        "close": 57.160804,
        "volume": 10782465,
        "typical_volume": 8919833.05,
        "trend": 57.563103,
        "fair_value": 56.19258,
        "relative_strength": -12.604722,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -22.39353,
        "energy": 29.295884,
        "activity_lines": [
          57.523064,
          58.115506,
          59.040152,
          58.71233
        ]
      },
      {
        "date": "2024-04-12",
        "close": 55.931027,
        "volume": 7628990,
        "typical_volume": 9076538.4,
        "trend": 57.620302,
        "fair_value": 56.147223,
        "relative_strength": -12.684113,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.952444,
        "energy": 41.743947,
        "activity_lines": [
          56.902137,
          57.615969,
          58.687471,
          58.607035
        ]
      },
      {
        "date": "2024-04-19",
        "close": 55.997759,
        "volume": 8190518,
        "typical_volume": 9190338.0,
        "trend": 57.693389,
        "fair_value": 56.088601,
        "relative_strength": -9.271607,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.7911,
        "energy": 41.45063,
        "activity_lines": [
          56.520176,
          57.18819,
          58.3613,
          58.502354
        ]
      },
      {
        "date": "2024-04-26",
        "close": 57.208469,
        "volume": 8237202,
        "typical_volume": 9270076.35,
        "trend": 57.84306,
        "fair_value": 56.034717,
        "relative_strength": -9.186309,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.810035,
        "energy": 35.068103,
        "activity_lines": [
          56.672706,
          57.080552,
          58.171545,
          58.471069
        ]
      },
      {
        "date": "2024-05-03",
        "close": 57.753989,
        "volume": 7810743,
        "typical_volume": 9261518.65,
        "trend": 58.090357,
        "fair_value": 55.959078,
        "relative_strength": -8.30876,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -25.789063,
        "energy": 23.90398,
        "activity_lines": [
          56.974664,
          57.110752,
          58.047408,
          58.465323
        ]
      },
      {
        "date": "2024-05-10",
        "close": 62.106576,
        "volume": 13865126,
        "typical_volume": 9594291.0,
        "trend": 58.453824,
        "fair_value": 55.904945,
        "relative_strength": -2.839114,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 24.02268,
        "energy": 17.803376,
        "activity_lines": [
          58.740053,
          57.980652,
          58.346555,
          58.724434
        ]
      },
      {
        "date": "2024-05-17",
        "close": 65.211421,
        "volume": 8351008,
        "typical_volume": 9814430.45,
        "trend": 58.957011,
        "fair_value": 55.870117,
        "relative_strength": 0.580203,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 53.476881,
        "energy": 50.834832,
        "activity_lines": [
          61.210672,
          59.328786,
          58.93846,
          59.160408
        ]
      },
      {
        "date": "2024-05-24",
        "close": 62.909386,
        "volume": 6685213,
        "typical_volume": 9929433.35,
        "trend": 59.375202,
        "fair_value": 55.820472,
        "relative_strength": -2.773427,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.02968,
        "energy": 61.251594,
        "activity_lines": [
          62.295253,
          60.148739,
          59.293941,
          59.4154
        ]
      },
      {
        "date": "2024-05-31",
        "close": 61.00392,
        "volume": 4823217,
        "typical_volume": 9694255.65,
        "trend": 59.536672,
        "fair_value": 55.752516,
        "relative_strength": -5.2245,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 25.703198,
        "energy": 58.332672,
        "activity_lines": [
          62.283903,
          60.532284,
          59.46005,
          59.520478
        ]
      },
      {
        "date": "2024-06-07",
        "close": 60.181765,
        "volume": 4937247,
        "typical_volume": 9684972.0,
        "trend": 59.648493,
        "fair_value": 55.671101,
        "relative_strength": -7.498181,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 23.451631,
        "energy": 53.17057,
        "activity_lines": [
          61.745472,
          60.688498,
          59.552756,
          59.562097
        ]
      },
      {
        "date": "2024-06-14",
        "close": 57.541196,
        "volume": 6551610,
        "typical_volume": 9617040.7,
        "trend": 59.617638,
        "fair_value": 55.591707,
        "relative_strength": -12.687824,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": -16.500215,
        "energy": 11.701704,
        "activity_lines": [
          60.165,
          60.323895,
          59.393439,
          59.426143
        ]
      },
      {
        "date": "2024-06-21",
        "close": 57.125282,
        "volume": 4308869,
        "typical_volume": 9520851.35,
        "trend": 59.516355,
        "fair_value": 55.506897,
        "relative_strength": -13.564787,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.332906,
        "energy": 27.686922,
        "activity_lines": [
          58.750248,
          59.876755,
          59.202369,
          59.265345
        ]
      },
      {
        "date": "2024-06-28",
        "close": 56.245092,
        "volume": 9720122,
        "typical_volume": 9199039.65,
        "trend": 59.376836,
        "fair_value": 55.440176,
        "relative_strength": -14.575843,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -55.621586,
        "energy": 43.740779,
        "activity_lines": [
          57.581175,
          59.247867,
          58.9374,
          59.054296
        ]
      },
      {
        "date": "2024-07-05",
        "close": 57.802351,
        "volume": 6022642,
        "typical_volume": 9032917.4,
        "trend": 59.300983,
        "fair_value": 55.393001,
        "relative_strength": -13.611094,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.432457,
        "energy": 40.349979,
        "activity_lines": [
          57.375475,
          58.89762,
          58.845758,
          58.952716
        ]
      },
      {
        "date": "2024-07-12",
        "close": 59.485351,
        "volume": 4913633,
        "typical_volume": 8811385.95,
        "trend": 59.297436,
        "fair_value": 55.365162,
        "relative_strength": -11.677855,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -43.769038,
        "energy": 32.310343,
        "activity_lines": [
          57.944213,
          58.842575,
          58.921697,
          58.964611
        ]
      },
      {
        "date": "2024-07-19",
        "close": 58.469748,
        "volume": 5472779,
        "typical_volume": 8596724.65,
        "trend": 59.196799,
        "fair_value": 55.332547,
        "relative_strength": -11.181157,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.940553,
        "energy": 26.019334,
        "activity_lines": [
          58.220844,
          58.571396,
          58.905323,
          58.911212
        ]
      },
      {
        "date": "2024-07-26",
        "close": 59.369282,
        "volume": 4921773,
        "typical_volume": 8467447.0,
        "trend": 59.122333,
        "fair_value": 55.336661,
        "relative_strength": -8.834604,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -15.823111,
        "energy": 8.203203,
        "activity_lines": [
          58.735417,
          58.529892,
          58.969338,
          58.92234
        ]
      },
      {
        "date": "2024-08-02",
        "close": 61.303765,
        "volume": 11059258,
        "typical_volume": 7962382.4,
        "trend": 59.124108,
        "fair_value": 55.360886,
        "relative_strength": -3.714342,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 21.550341,
        "energy": 18.42649,
        "activity_lines": [
          59.745217,
          58.946334,
          59.216698,
          59.063077
        ]
      },
      {
        "date": "2024-08-09",
        "close": 58.682541,
        "volume": 9275048,
        "typical_volume": 7544641.2,
        "trend": 59.012451,
        "fair_value": 55.366634,
        "relative_strength": -7.668131,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.113459,
        "energy": 12.81822,
        "activity_lines": [
          59.544031,
          58.915382,
          59.198502,
          59.034589
        ]
      },
      {
        "date": "2024-08-16",
        "close": 58.663196,
        "volume": 5909362,
        "typical_volume": 7473341.25,
        "trend": 58.96561,
        "fair_value": 55.384274,
        "relative_strength": -10.995494,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 10.432046,
        "energy": 10.671907,
        "activity_lines": [
          59.277717,
          58.92312,
          59.169129,
          59.012057
        ]
      },
      {
        "date": "2024-08-23",
        "close": 59.669127,
        "volume": 4374486,
        "typical_volume": 7152942.3,
        "trend": 58.981535,
        "fair_value": 55.399814,
        "relative_strength": -10.462995,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 34.965228,
        "energy": 19.214117,
        "activity_lines": [
          59.401524,
          59.141365,
          59.232127,
          59.057445
        ]
      },
      {
        "date": "2024-08-30",
        "close": 59.427317,
        "volume": 3588091,
        "typical_volume": 6950897.35,
        "trend": 58.988765,
        "fair_value": 55.422889,
        "relative_strength": -10.854953,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 40.700762,
        "energy": 15.483434,
        "activity_lines": [
          59.364769,
          59.276955,
          59.260151,
          59.086205
        ]
      },
      {
        "date": "2024-09-06",
        "close": 60.781455,
        "volume": 3985225,
        "typical_volume": 6740632.7,
        "trend": 58.964867,
        "fair_value": 55.46929,
        "relative_strength": -4.741545,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 54.879768,
        "energy": 26.670244,
        "activity_lines": [
          59.775524,
          59.616896,
          59.400492,
          59.201862
        ]
      },
      {
        "date": "2024-09-13",
        "close": 62.773972,
        "volume": 4584945,
        "typical_volume": 6558019.85,
        "trend": 59.079521,
        "fair_value": 55.525235,
        "relative_strength": -5.225602,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 71.092006,
        "energy": 60.102749,
        "activity_lines": [
          60.885272,
          60.236634,
          59.707817,
          59.447611
        ]
      },
      {
        "date": "2024-09-20",
        "close": 61.061955,
        "volume": 5438316,
        "typical_volume": 6439398.5,
        "trend": 59.101199,
        "fair_value": 55.56931,
        "relative_strength": -8.81645,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.500877,
        "energy": 55.770342,
        "activity_lines": [
          61.151586,
          60.454703,
          59.82559,
          59.57551
        ]
      },
      {
        "date": "2024-09-27",
        "close": 63.828266,
        "volume": 5503336,
        "typical_volume": 6021309.0,
        "trend": 59.316774,
        "fair_value": 55.64074,
        "relative_strength": -5.01637,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.93202,
        "energy": 73.559655,
        "activity_lines": [
          62.180086,
          61.147072,
          60.191069,
          59.880482
        ]
      },
      {
        "date": "2024-10-04",
        "close": 64.224835,
        "volume": 5487349,
        "typical_volume": 5878126.05,
        "trend": 59.484875,
        "fair_value": 55.723978,
        "relative_strength": -4.573797,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.917413,
        "energy": 77.303908,
        "activity_lines": [
          63.0635,
          61.814117,
          60.586118,
          60.197131
        ]
      },
      {
        "date": "2024-10-11",
        "close": 62.72561,
        "volume": 5545450,
        "typical_volume": 5821137.9,
        "trend": 59.643675,
        "fair_value": 55.795573,
        "relative_strength": -7.680619,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.393855,
        "energy": 66.926114,
        "activity_lines": [
          63.127338,
          62.120293,
          60.843082,
          60.406211
        ]
      },
      {
        "date": "2024-10-18",
        "close": 63.876628,
        "volume": 4651448,
        "typical_volume": 5812549.45,
        "trend": 59.882154,
        "fair_value": 55.869047,
        "relative_strength": -6.618666,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.090837,
        "energy": 70.292299,
        "activity_lines": [
          63.445238,
          62.609893,
          61.210542,
          60.679305
        ]
      },
      {
        "date": "2024-10-25",
        "close": 61.806731,
        "volume": 3752096,
        "typical_volume": 5753291.9,
        "trend": 60.010961,
        "fair_value": 55.899306,
        "relative_strength": -8.514621,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.118849,
        "energy": 42.090475,
        "activity_lines": [
          62.999662,
          62.62871,
          61.367189,
          60.803471
        ]
      },
      {
        "date": "2024-11-01",
        "close": 57.35742,
        "volume": 9178203,
        "typical_volume": 5884621.55,
        "trend": 60.017514,
        "fair_value": 55.903674,
        "relative_strength": -13.476007,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 7.526631,
        "energy": 10.692971,
        "activity_lines": [
          61.021331,
          61.781407,
          61.092354,
          60.632275
        ]
      },
      {
        "date": "2024-11-08",
        "close": 55.403592,
        "volume": 9499725,
        "typical_volume": 6144164.35,
        "trend": 59.999933,
        "fair_value": 55.90263,
        "relative_strength": -19.709846,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "mixed",
        "direction": -38.805245,
        "energy": 37.270612,
        "activity_lines": [
          58.823113,
          60.620893,
          60.632315,
          60.334602
        ]
      },
      {
        "date": "2024-11-15",
        "close": 54.407333,
        "volume": 15765289,
        "typical_volume": 6446422.7,
        "trend": 59.946919,
        "fair_value": 55.901476,
        "relative_strength": -18.957962,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -45.218163,
        "energy": 53.641556,
        "activity_lines": [
          56.880892,
          59.3524,
          60.085594,
          59.97379
        ]
      },
      {
        "date": "2024-11-22",
        "close": 52.937126,
        "volume": 10831471,
        "typical_volume": 6686864.15,
        "trend": 59.804541,
        "fair_value": 55.892631,
        "relative_strength": -21.849646,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.614268,
        "energy": 88.890211,
        "activity_lines": [
          55.003154,
          57.932489,
          59.407603,
          59.521545
        ]
      },
      {
        "date": "2024-11-29",
        "close": 52.037592,
        "volume": 7326556,
        "typical_volume": 6807510.3,
        "trend": 59.613994,
        "fair_value": 55.88872,
        "relative_strength": -23.466378,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.373331,
        "energy": 91.900325,
        "activity_lines": [
          53.554871,
          56.527878,
          58.667111,
          59.020451
        ]
      },
      {
        "date": "2024-12-06",
        "close": 51.176747,
        "volume": 15874941,
        "typical_volume": 7327618.4,
        "trend": 59.249667,
        "fair_value": 55.870563,
        "relative_strength": -24.766869,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.692429,
        "energy": 92.796876,
        "activity_lines": [
          52.470916,
          55.13083,
          57.880099,
          58.476113
        ]
      },
      {
        "date": "2024-12-13",
        "close": 51.679712,
        "volume": 15736949,
        "typical_volume": 7868377.2,
        "trend": 58.79861,
        "fair_value": 55.844453,
        "relative_strength": -23.010723,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.290075,
        "energy": 89.078884,
        "activity_lines": [
          51.966661,
          54.055257,
          57.175717,
          57.987729
        ]
      },
      {
        "date": "2024-12-20",
        "close": 48.565195,
        "volume": 12927185,
        "typical_volume": 7961773.55,
        "trend": 58.32047,
        "fair_value": 55.792519,
        "relative_strength": -25.66458,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.158457,
        "energy": 93.021086,
        "activity_lines": [
          50.672492,
          52.641502,
          56.211331,
          57.327508
        ]
      },
      {
        "date": "2024-12-27",
        "close": 48.719954,
        "volume": 6588606,
        "typical_volume": 7827451.45,
        "trend": 57.911005,
        "fair_value": 55.742893,
        "relative_strength": -25.269267,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.581317,
        "energy": 91.101316,
        "activity_lines": [
          49.819385,
          51.513347,
          55.322344,
          56.70812
        ]
      },
      {
        "date": "2025-01-03",
        "close": 47.249746,
        "volume": 9838607,
        "typical_volume": 8023913.7,
        "trend": 57.479937,
        "fair_value": 55.669617,
        "relative_strength": -26.468875,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.264499,
        "energy": 91.741429,
        "activity_lines": [
          48.757353,
          50.393457,
          54.340778,
          56.020297
        ]
      },
      {
        "date": "2025-01-10",
        "close": 44.638194,
        "volume": 11611825,
        "typical_volume": 8385780.65,
        "trend": 57.049837,
        "fair_value": 55.550489,
        "relative_strength": -28.465835,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.495031,
        "energy": 94.981299,
        "activity_lines": [
          47.143995,
          49.063412,
          53.164843,
          55.191797
        ]
      },
      {
        "date": "2025-01-17",
        "close": 46.427591,
        "volume": 12558079,
        "typical_volume": 8834280.05,
        "trend": 56.693247,
        "fair_value": 55.458792,
        "relative_strength": -27.094607,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.862479,
        "energy": 86.623599,
        "activity_lines": [
          46.563005,
          48.289971,
          52.230902,
          54.506491
        ]
      },
      {
        "date": "2025-01-24",
        "close": 47.269091,
        "volume": 8045601,
        "typical_volume": 9037298.85,
        "trend": 56.394047,
        "fair_value": 55.385938,
        "relative_strength": -26.441072,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.933609,
        "energy": 72.315776,
        "activity_lines": [
          46.612656,
          47.832729,
          51.439007,
          53.898481
        ]
      },
      {
        "date": "2025-01-31",
        "close": 47.568936,
        "volume": 12011495,
        "typical_volume": 9408626.35,
        "trend": 56.052934,
        "fair_value": 55.325347,
        "relative_strength": -24.638438,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.462055,
        "energy": 67.471113,
        "activity_lines": [
          46.848663,
          47.559791,
          50.740014,
          53.329119
        ]
      },
      {
        "date": "2025-02-07",
        "close": 48.652247,
        "volume": 10808119,
        "typical_volume": 9677116.5,
        "trend": 55.69183,
        "fair_value": 55.263213,
        "relative_strength": -22.169684,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -62.813088,
        "energy": 60.682441,
        "activity_lines": [
          47.522509,
          47.581422,
          50.216598,
          52.851655
        ]
      },
      {
        "date": "2025-02-14",
        "close": 51.379868,
        "volume": 10623189,
        "typical_volume": 9933109.15,
        "trend": 55.455501,
        "fair_value": 55.215694,
        "relative_strength": -18.467052,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.730319,
        "energy": 40.699878,
        "activity_lines": [
          49.012061,
          48.160536,
          50.01205,
          52.573464
        ]
      },
      {
        "date": "2025-02-21",
        "close": 52.240713,
        "volume": 5431783,
        "typical_volume": 9930330.85,
        "trend": 55.217882,
        "fair_value": 55.155761,
        "relative_strength": -15.2255,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.6849,
        "energy": 33.23149,
        "activity_lines": [
          50.339116,
          48.892474,
          49.948765,
          52.366059
        ]
      },
      {
        "date": "2025-02-28",
        "close": 57.87973,
        "volume": 16568702,
        "typical_volume": 10481493.45,
        "trend": 55.103747,
        "fair_value": 55.192826,
        "relative_strength": -4.881557,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": 23.331304,
        "energy": 37.710694,
        "activity_lines": [
          53.158302,
          50.639488,
          50.479596,
          52.537791
        ]
      },
      {
        "date": "2025-03-07",
        "close": 60.994248,
        "volume": 13063683,
        "typical_volume": 10902105.2,
        "trend": 55.180804,
        "fair_value": 55.249616,
        "relative_strength": 3.633362,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 52.941701,
        "energy": 59.487405,
        "activity_lines": [
          56.308285,
          52.783423,
          51.330124,
          52.917823
        ]
      },
      {
        "date": "2025-03-14",
        "close": 60.297834,
        "volume": 12833250,
        "typical_volume": 11356162.9,
        "trend": 55.235292,
        "fair_value": 55.273849,
        "relative_strength": 4.987679,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 45.418318,
        "energy": 72.012076,
        "activity_lines": [
          58.33111,
          54.577568,
          52.128052,
          53.247954
        ]
      },
      {
        "date": "2025-03-21",
        "close": 60.72342,
        "volume": 9820615,
        "typical_volume": 11388283.5,
        "trend": 55.270435,
        "fair_value": 55.307385,
        "relative_strength": 5.243327,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.743765,
        "energy": 78.717921,
        "activity_lines": [
          59.719424,
          56.211854,
          52.973697,
          53.602027
        ]
      },
      {
        "date": "2025-03-28",
        "close": 60.007662,
        "volume": 10913461,
        "typical_volume": 11458970.3,
        "trend": 55.28978,
        "fair_value": 55.326111,
        "relative_strength": 5.643196,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 30.942409,
        "energy": 75.256859,
        "activity_lines": [
          60.246248,
          57.423544,
          53.735147,
          53.907654
        ]
      },
      {
        "date": "2025-04-04",
        "close": 58.924351,
        "volume": 15040357,
        "typical_volume": 11422723.7,
        "trend": 55.227877,
        "fair_value": 55.352478,
        "relative_strength": 13.9729,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 39.132099,
        "energy": 67.838985,
        "activity_lines": [
          59.894172,
          58.191358,
          54.371499,
          54.142143
        ]
      },
      {
        "date": "2025-04-11",
        "close": 60.471938,
        "volume": 22446634,
        "typical_volume": 12003481.85,
        "trend": 55.151142,
        "fair_value": 55.388765,
        "relative_strength": 10.638454,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 42.556868,
        "energy": 54.402995,
        "activity_lines": [
          59.988317,
          59.028637,
          55.133732,
          54.480469
        ]
      },
      {
        "date": "2025-04-18",
        "close": 63.480059,
        "volume": 11104273,
        "typical_volume": 12192367.7,
        "trend": 55.231746,
        "fair_value": 55.441167,
        "relative_strength": 17.669344,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 55.896468,
        "energy": 59.418934,
        "activity_lines": [
          61.11999,
          60.178248,
          56.146572,
          55.017819
        ]
      },
      {
        "date": "2025-04-25",
        "close": 62.880369,
        "volume": 7838717,
        "typical_volume": 11790556.5,
        "trend": 55.200149,
        "fair_value": 55.500843,
        "relative_strength": 11.424437,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 73.437739,
        "energy": 65.628789,
        "activity_lines": [
          61.839617,
          60.949227,
          57.047811,
          55.511278
        ]
      },
      {
        "date": "2025-05-02",
        "close": 63.84761,
        "volume": 9179971,
        "typical_volume": 11462707.6,
        "trend": 55.187575,
        "fair_value": 55.578313,
        "relative_strength": 9.956319,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.504126,
        "energy": 71.403057,
        "activity_lines": [
          62.737862,
          61.686969,
          57.985436,
          56.069179
        ]
      },
      {
        "date": "2025-05-09",
        "close": 66.108588,
        "volume": 12209817,
        "typical_volume": 11426839.2,
        "trend": 55.300341,
        "fair_value": 55.664183,
        "relative_strength": 14.415919,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.660368,
        "energy": 87.176653,
        "activity_lines": [
          64.13377,
          62.624763,
          59.08045,
          56.773761
        ]
      },
      {
        "date": "2025-05-16",
        "close": 66.432891,
        "volume": 8987935,
        "typical_volume": 11546805.65,
        "trend": 55.38555,
        "fair_value": 55.762629,
        "relative_strength": 9.465155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.473898,
        "energy": 87.032785,
        "activity_lines": [
          65.158829,
          63.471905,
          60.122811,
          57.49199
        ]
      },
      {
        "date": "2025-05-23",
        "close": 68.083886,
        "volume": 9632175,
        "typical_volume": 11536484.05,
        "trend": 55.594788,
        "fair_value": 55.857301,
        "relative_strength": 15.168781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.210343,
        "energy": 90.098398,
        "activity_lines": [
          66.336823,
          64.520344,
          61.238061,
          58.311237
        ]
      },
      {
        "date": "2025-05-30",
        "close": 69.272995,
        "volume": 6986117,
        "typical_volume": 11305198.65,
        "trend": 55.991974,
        "fair_value": 55.966351,
        "relative_strength": 15.127971,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.847655,
        "energy": 93.626448,
        "activity_lines": [
          67.604265,
          65.64342,
          62.36735,
          59.193702
        ]
      },
      {
        "date": "2025-06-06",
        "close": 69.784017,
        "volume": 9105495,
        "typical_volume": 11132569.45,
        "trend": 56.471321,
        "fair_value": 56.098405,
        "relative_strength": 14.039546,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.508884,
        "energy": 92.637465,
        "activity_lines": [
          68.615873,
          66.703962,
          63.427999,
          60.083511
        ]
      },
      {
        "date": "2025-06-13",
        "close": 69.990392,
        "volume": 13172415,
        "typical_volume": 11388910.15,
        "trend": 56.990757,
        "fair_value": 56.235221,
        "relative_strength": 14.57367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.138385,
        "energy": 90.901279,
        "activity_lines": [
          69.300512,
          67.624275,
          64.397082,
          60.955709
        ]
      },
      {
        "date": "2025-06-20",
        "close": 69.96091,
        "volume": 12630345,
        "typical_volume": 11419852.65,
        "trend": 57.558216,
        "fair_value": 56.358274,
        "relative_strength": 14.4628,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.143503,
        "energy": 86.68391,
        "activity_lines": [
          69.716536,
          68.338027,
          65.255161,
          61.792494
        ]
      },
      {
        "date": "2025-06-27",
        "close": 67.317352,
        "volume": 12621255,
        "typical_volume": 11510509.45,
        "trend": 58.067542,
        "fair_value": 56.457503,
        "relative_strength": 6.34634,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.051632,
        "energy": 65.479931,
        "activity_lines": [
          69.016174,
          68.398605,
          65.754843,
          62.422115
        ]
      },
      {
        "date": "2025-07-04",
        "close": 67.720274,
        "volume": 7515273,
        "typical_volume": 11355113.65,
        "trend": 58.618992,
        "fair_value": 56.556661,
        "relative_strength": 5.143848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.06599,
        "energy": 61.323143,
        "activity_lines": [
          68.501221,
          68.462673,
          66.204017,
          63.044872
        ]
      },
      {
        "date": "2025-07-11",
        "close": 66.334617,
        "volume": 12679990,
        "typical_volume": 11717524.0,
        "trend": 59.107489,
        "fair_value": 56.652607,
        "relative_strength": 3.299179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.975422,
        "energy": 49.122483,
        "activity_lines": [
          67.627897,
          68.186805,
          66.443413,
          63.542654
        ]
      },
      {
        "date": "2025-07-18",
        "close": 66.737538,
        "volume": 7295547,
        "typical_volume": 11253866.25,
        "trend": 59.713234,
        "fair_value": 56.753006,
        "relative_strength": 3.299527,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.495112,
        "energy": 35.743303,
        "activity_lines": [
          67.11884,
          67.938977,
          66.654069,
          64.034916
        ]
      },
      {
        "date": "2025-07-25",
        "close": 68.988002,
        "volume": 8749148,
        "typical_volume": 11038139.5,
        "trend": 60.388836,
        "fair_value": 56.872236,
        "relative_strength": 5.228889,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.637977,
        "energy": 41.656341,
        "activity_lines": [
          67.576794,
          68.088889,
          67.036874,
          64.633288
        ]
      },
      {
        "date": "2025-08-01",
        "close": 56.114172,
        "volume": 24605260,
        "typical_volume": 11626740.0,
        "trend": 60.684317,
        "fair_value": 56.91075,
        "relative_strength": -11.858734,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -20.956369,
        "energy": 29.150362,
        "activity_lines": [
          63.808333,
          65.851647,
          66.155534,
          64.357503
        ]
      },
      {
        "date": "2025-08-08",
        "close": 60.919747,
        "volume": 14792284,
        "typical_volume": 11875323.45,
        "trend": 61.227035,
        "fair_value": 56.970115,
        "relative_strength": -6.353183,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": -11.466425,
        "energy": 31.794936,
        "activity_lines": [
          62.388608,
          64.705778,
          65.751791,
          64.372692
        ]
      },
      {
        "date": "2025-08-15",
        "close": 60.320278,
        "volume": 10358788,
        "typical_volume": 11847589.8,
        "trend": 61.690125,
        "fair_value": 57.039996,
        "relative_strength": -7.944476,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -31.114464,
        "energy": 44.080198,
        "activity_lines": [
          61.222429,
          63.602792,
          65.29002,
          64.314192
        ]
      },
      {
        "date": "2025-08-22",
        "close": 62.757461,
        "volume": 9335470,
        "typical_volume": 11562345.45,
        "trend": 62.206404,
        "fair_value": 57.142633,
        "relative_strength": -4.318023,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -24.521417,
        "energy": 42.002538,
        "activity_lines": [
          61.2696,
          63.114998,
          65.058874,
          64.383052
        ]
      },
      {
        "date": "2025-08-29",
        "close": 61.588007,
        "volume": 9003839,
        "typical_volume": 10890205.7,
        "trend": 62.673706,
        "fair_value": 57.248633,
        "relative_strength": -5.86262,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -21.785437,
        "energy": 46.425009,
        "activity_lines": [
          61.192292,
          62.546084,
          64.698098,
          64.343155
        ]
      },
      {
        "date": "2025-09-05",
        "close": 59.190133,
        "volume": 10487903,
        "typical_volume": 10859387.2,
        "trend": 63.024969,
        "fair_value": 57.327016,
        "relative_strength": -9.448779,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.576376,
        "energy": 38.958405,
        "activity_lines": [
          60.809025,
          61.693427,
          64.103638,
          64.118409
        ]
      },
      {
        "date": "2025-09-12",
        "close": 57.352419,
        "volume": 10669608,
        "typical_volume": 11000931.75,
        "trend": 63.224054,
        "fair_value": 57.396453,
        "relative_strength": -13.190307,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.524511,
        "energy": 43.746565,
        "activity_lines": [
          59.608123,
          60.654408,
          63.354587,
          63.752438
        ]
      },
      {
        "date": "2025-09-19",
        "close": 58.335154,
        "volume": 13339786,
        "typical_volume": 11208922.5,
        "trend": 63.427202,
        "fair_value": 57.489022,
        "relative_strength": -12.431617,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.079406,
        "energy": 49.410587,
        "activity_lines": [
          58.972621,
          59.982575,
          62.725452,
          63.437025
        ]
      },
      {
        "date": "2025-09-26",
        "close": 58.118952,
        "volume": 11812020,
        "typical_volume": 11189032.65,
        "trend": 63.435176,
        "fair_value": 57.589133,
        "relative_strength": -12.083401,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -65.440549,
        "energy": 68.690086,
        "activity_lines": [
          58.397394,
          59.416877,
          62.101977,
          63.094557
        ]
      },
      {
        "date": "2025-10-03",
        "close": 58.531701,
        "volume": 9537764,
        "typical_volume": 11216524.1,
        "trend": 63.353091,
        "fair_value": 57.690926,
        "relative_strength": -11.996562,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.654707,
        "energy": 67.82974,
        "activity_lines": [
          58.268983,
          59.082926,
          61.555857,
          62.778204
        ]
      },
      {
        "date": "2025-10-10",
        "close": 58.551355,
        "volume": 7876018,
        "typical_volume": 11128716.25,
        "trend": 63.294875,
        "fair_value": 57.791335,
        "relative_strength": -9.436191,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.569114,
        "energy": 50.706938,
        "activity_lines": [
          58.350877,
          58.942663,
          61.049234,
          62.468415
        ]
      },
      {
        "date": "2025-10-17",
        "close": 61.067157,
        "volume": 9458037,
        "typical_volume": 11252312.25,
        "trend": 63.306333,
        "fair_value": 57.90383,
        "relative_strength": -6.82334,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.30081,
        "energy": 32.741058,
        "activity_lines": [
          59.313958,
          59.215506,
          60.827604,
          62.324691
        ]
      },
      {
        "date": "2025-10-24",
        "close": 60.231832,
        "volume": 8673409,
        "typical_volume": 11230707.95,
        "trend": 63.313805,
        "fair_value": 57.986236,
        "relative_strength": -9.506078,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -40.262608,
        "energy": 25.386155,
        "activity_lines": [
          59.750947,
          59.333791,
          60.565494,
          62.126336
        ]
      },
      {
        "date": "2025-10-31",
        "close": 59.848566,
        "volume": 15412683,
        "typical_volume": 11342721.35,
        "trend": 63.344612,
        "fair_value": 58.055445,
        "relative_strength": -10.472286,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.215776,
        "energy": 23.904302,
        "activity_lines": [
          59.933736,
          59.384,
          60.31237,
          61.902772
        ]
      },
      {
        "date": "2025-11-07",
        "close": 62.187475,
        "volume": 13169990,
        "typical_volume": 11369703.6,
        "trend": 63.401797,
        "fair_value": 58.120102,
        "relative_strength": -5.416312,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.983481,
        "energy": 23.903153,
        "activity_lines": [
          60.780854,
          59.912354,
          60.330293,
          61.828118
        ]
      },
      {
        "date": "2025-11-14",
        "close": 62.727979,
        "volume": 8687781,
        "typical_volume": 11173029.9,
        "trend": 63.376728,
        "fair_value": 58.187197,
        "relative_strength": -4.718302,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -1.260902,
        "energy": 14.993534,
        "activity_lines": [
          61.564421,
          60.528082,
          60.436709,
          61.784646
        ]
      },
      {
        "date": "2025-11-21",
        "close": 61.565665,
        "volume": 10387648,
        "typical_volume": 11316648.65,
        "trend": 63.332904,
        "fair_value": 58.240447,
        "relative_strength": -4.717804,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.929232,
        "energy": 17.759942,
        "activity_lines": [
          61.682109,
          60.868156,
          60.454283,
          61.667803
        ]
      },
      {
        "date": "2025-11-28",
        "close": 60.639273,
        "volume": 7281231,
        "typical_volume": 11046710.7,
        "trend": 63.22596,
        "fair_value": 58.265075,
        "relative_strength": -9.520358,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.739835,
        "energy": 16.755661,
        "activity_lines": [
          61.457765,
          60.96319,
          60.412936,
          61.494021
        ]
      },
      {
        "date": "2025-12-05",
        "close": 60.274629,
        "volume": 6767755,
        "typical_volume": 11020321.1,
        "trend": 63.031494,
        "fair_value": 58.291829,
        "relative_strength": -10.413289,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.608757,
        "energy": 12.278507,
        "activity_lines": [
          61.084711,
          60.950033,
          60.363983,
          61.303612
        ]
      },
      {
        "date": "2025-12-12",
        "close": 62.81728,
        "volume": 11882973,
        "typical_volume": 11177012.35,
        "trend": 62.910974,
        "fair_value": 58.334762,
        "relative_strength": -6.198346,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.633224,
        "energy": 6.249937,
        "activity_lines": [
          61.530803,
          61.359981,
          60.587962,
          61.289792
        ]
      },
      {
        "date": "2025-12-19",
        "close": 63.556423,
        "volume": 12904813,
        "typical_volume": 10591990.0,
        "trend": 62.760058,
        "fair_value": 58.377969,
        "relative_strength": -5.39873,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 7.8009,
        "energy": 13.398824,
        "activity_lines": [
          62.181289,
          61.8264,
          60.91172,
          61.331434
        ]
      },
      {
        "date": "2025-12-26",
        "close": 63.310042,
        "volume": 6790021,
        "typical_volume": 10191876.85,
        "trend": 62.561293,
        "fair_value": 58.421587,
        "relative_strength": -7.252659,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.466449,
        "energy": 31.905281,
        "activity_lines": [
          62.694418,
          62.157021,
          61.176574,
          61.366917
        ]
      },
      {
        "date": "2026-01-02",
        "close": 62.787715,
        "volume": 4134927,
        "typical_volume": 9880683.8,
        "trend": 62.328083,
        "fair_value": 58.455523,
        "relative_strength": -7.257651,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 17.787751,
        "energy": 35.012997,
        "activity_lines": [
          62.917147,
          62.351893,
          61.380301,
          61.381524
        ]
      },
      {
        "date": "2026-01-09",
        "close": 64.926301,
        "volume": 9464851,
        "typical_volume": 9887152.85,
        "trend": 62.15928,
        "fair_value": 58.504193,
        "relative_strength": -5.892436,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.731907,
        "energy": 52.732035,
        "activity_lines": [
          63.709508,
          62.889129,
          61.775952,
          61.549151
        ]
      },
      {
        "date": "2026-01-16",
        "close": 67.57736,
        "volume": 11704728,
        "typical_volume": 10022197.3,
        "trend": 62.079829,
        "fair_value": 58.576613,
        "relative_strength": -2.070442,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 56.955383,
        "energy": 68.239839,
        "activity_lines": [
          65.075444,
          63.816053,
          62.413757,
          61.898705
        ]
      },
      {
        "date": "2026-01-23",
        "close": 68.868396,
        "volume": 6645182,
        "typical_volume": 9830061.25,
        "trend": 62.13153,
        "fair_value": 58.664248,
        "relative_strength": -0.256446,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 85.199502,
        "energy": 85.825571,
        "activity_lines": [
          66.554386,
          64.879713,
          63.145998,
          62.336677
        ]
      },
      {
        "date": "2026-01-30",
        "close": 70.642338,
        "volume": 9588169,
        "typical_volume": 9775989.3,
        "trend": 62.228932,
        "fair_value": 58.759996,
        "relative_strength": 1.476734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.399311,
        "energy": 93.80227,
        "activity_lines": [
          68.270511,
          66.154264,
          64.001098,
          62.885761
        ]
      },
      {
        "date": "2026-02-06",
        "close": 74.712551,
        "volume": 14578890,
        "typical_volume": 9837944.5,
        "trend": 62.508197,
        "fair_value": 58.888713,
        "relative_strength": 6.996432,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.495475,
        "energy": 97.02846,
        "activity_lines": [
          70.854554,
          68.003823,
          65.180553,
          63.691156
        ]
      },
      {
        "date": "2026-02-13",
        "close": 79.22625,
        "volume": 18382967,
        "typical_volume": 10166491.85,
        "trend": 62.924487,
        "fair_value": 59.041718,
        "relative_strength": 14.264033,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 96.630879,
        "energy": 98.441923,
        "activity_lines": [
          74.148175,
          70.418177,
          66.711896,
          64.76974
        ]
      },
      {
        "date": "2026-02-20",
        "close": 77.38332,
        "volume": 8563068,
        "typical_volume": 10117757.05,
        "trend": 63.204331,
        "fair_value": 59.17386,
        "relative_strength": 9.861216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.204712,
        "energy": 93.532689,
        "activity_lines": [
          75.874155,
          72.152877,
          67.96721,
          65.702568
        ]
      },
      {
        "date": "2026-02-27",
        "close": 79.778143,
        "volume": 11888398,
        "typical_volume": 10318376.05,
        "trend": 63.99313,
        "fair_value": 59.310736,
        "relative_strength": 13.450186,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.33564,
        "energy": 94.630406,
        "activity_lines": [
          77.744679,
          74.058163,
          69.360834,
          66.771846
        ]
      },
      {
        "date": "2026-03-06",
        "close": 72.58382,
        "volume": 10206661,
        "typical_volume": 10355807.25,
        "trend": 64.381933,
        "fair_value": 59.412474,
        "relative_strength": 5.292802,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.892788,
        "energy": 67.48415,
        "activity_lines": [
          76.489779,
          74.36045,
          69.968204,
          67.326084
        ]
      },
      {
        "date": "2026-03-13",
        "close": 71.34206,
        "volume": 10081030,
        "typical_volume": 10426188.3,
        "trend": 64.749325,
        "fair_value": 59.508364,
        "relative_strength": 5.081384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.202003,
        "energy": 60.360411,
        "activity_lines": [
          74.691527,
          74.268349,
          70.40247,
          67.775125
        ]
      },
      {
        "date": "2026-03-20",
        "close": 66.503139,
        "volume": 13871990,
        "typical_volume": 10349153.65,
        "trend": 64.874181,
        "fair_value": 59.559541,
        "relative_strength": -0.131266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 33.27262,
        "energy": 26.928047,
        "activity_lines": [
          71.505,
          73.14091,
          70.32298,
          67.888274
        ]
      },
      {
        "date": "2026-03-27",
        "close": 66.591836,
        "volume": 11010436,
        "typical_volume": 10241175.95,
        "trend": 65.040975,
        "fair_value": 59.583836,
        "relative_strength": 2.366336,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.402772,
        "energy": 30.984765,
        "activity_lines": [
          69.196247,
          72.000928,
          70.22025,
          67.999091
        ]
      },
      {
        "date": "2026-04-03",
        "close": 70.267839,
        "volume": 7444347,
        "typical_volume": 10179004.25,
        "trend": 65.410232,
        "fair_value": 59.634048,
        "relative_strength": 4.648603,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.003128,
        "energy": 30.515414,
        "activity_lines": [
          68.83226,
          71.547228,
          70.446641,
          68.336308
        ]
      },
      {
        "date": "2026-04-10",
        "close": 74.633709,
        "volume": 9646026,
        "typical_volume": 10141923.15,
        "trend": 65.986275,
        "fair_value": 59.722985,
        "relative_strength": 7.380108,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.36618,
        "energy": 30.260101,
        "activity_lines": [
          70.557583,
          71.861879,
          71.052926,
          68.931371
        ]
      },
      {
        "date": "2026-04-17",
        "close": 74.663275,
        "volume": 7918032,
        "typical_volume": 10173763.2,
        "trend": 66.530546,
        "fair_value": 59.80632,
        "relative_strength": 3.108021,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.73584,
        "energy": 31.920312,
        "activity_lines": [
          72.156103,
          72.109335,
          71.599798,
          69.491177
        ]
      },
      {
        "date": "2026-04-24",
        "close": 71.519455,
        "volume": 7127973,
        "typical_volume": 10191774.1,
        "trend": 66.977229,
        "fair_value": 59.872821,
        "relative_strength": -1.474367,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.139343,
        "energy": 33.707301,
        "activity_lines": [
          72.485268,
          71.786083,
          71.780477,
          69.813042
        ]
      },
      {
        "date": "2026-05-01",
        "close": 74.46617,
        "volume": 9578588,
        "typical_volume": 10076554.85,
        "trend": 67.508378,
        "fair_value": 59.953992,
        "relative_strength": 1.834308,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 48.747019,
        "energy": 38.22185,
        "activity_lines": [
          73.46225,
          72.138722,
          72.18825,
          70.2962
        ]
      },
      {
        "date": "2026-05-08",
        "close": 79.89,
        "volume": 14622433,
        "typical_volume": 10162435.85,
        "trend": 68.219667,
        "fair_value": 60.093031,
        "relative_strength": 6.944353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.734956,
        "energy": 62.49745,
        "activity_lines": [
          75.72222,
          73.53055,
          73.057106,
          71.095014
        ]
      },
      {
        "date": "2026-05-15",
        "close": 80.92,
        "volume": 6467480,
        "typical_volume": 10146308.8,
        "trend": 68.881428,
        "fair_value": 60.248878,
        "relative_strength": 8.170171,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.328785,
        "energy": 76.590725,
        "activity_lines": [
          77.684046,
          75.107617,
          73.946279,
          71.91439
        ]
      },
      {
        "date": "2026-05-22",
        "close": 83.45,
        "volume": 7289298,
        "typical_volume": 10304027.35,
        "trend": 69.655367,
        "fair_value": 60.43457,
        "relative_strength": 10.731448,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.718713,
        "energy": 85.523386,
        "activity_lines": [
          80.07012,
          76.993117,
          74.992547,
          72.854298
        ]
      },
      {
        "date": "2026-05-29",
        "close": 79.99,
        "volume": 7840962,
        "typical_volume": 10222832.9,
        "trend": 70.326748,
        "fair_value": 60.612139,
        "relative_strength": 4.881622,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.401653,
        "energy": 78.354927,
        "activity_lines": [
          80.717078,
          78.029382,
          75.6109,
          73.521049
        ]
      },
      {
        "date": "2026-06-05",
        "close": 78.5,
        "volume": 9506313,
        "typical_volume": 10112912.15,
        "trend": 70.870499,
        "fair_value": 60.778261,
        "relative_strength": 5.799296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.78995,
        "energy": 73.568631,
        "activity_lines": [
          80.302667,
          78.549523,
          76.015615,
          74.048355
        ]
      },
      {
        "date": "2026-06-12",
        "close": 82.91,
        "volume": 10229435,
        "typical_volume": 10292124.8,
        "trend": 71.543233,
        "fair_value": 60.954014,
        "relative_strength": 11.254941,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.06535,
        "energy": 62.981996,
        "activity_lines": [
          81.089333,
          79.654969,
          76.788319,
          74.825097
        ]
      },
      {
        "date": "2026-06-19",
        "close": 80.74,
        "volume": 6055181,
        "typical_volume": 10115475.4,
        "trend": 72.182377,
        "fair_value": 61.122518,
        "relative_strength": 7.569341,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.48357,
        "energy": 48.141218,
        "activity_lines": [
          80.951333,
          80.136013,
          77.287491,
          75.418437
        ]
      },
      {
        "date": "2026-06-26",
        "close": 85.09,
        "volume": 16414337,
        "typical_volume": 10207247.75,
        "trend": 72.997402,
        "fair_value": 61.321351,
        "relative_strength": 15.991116,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.898729,
        "energy": 54.609593,
        "activity_lines": [
          82.275333,
          81.296942,
          78.152864,
          76.251187
        ]
      },
      {
        "date": "2026-07-03",
        "close": 81.33,
        "volume": 11641101,
        "typical_volume": 9870154.45,
        "trend": 73.699247,
        "fair_value": 61.503537,
        "relative_strength": 8.521215,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.117729,
        "energy": 47.168447,
        "activity_lines": [
          82.236667,
          81.584658,
          78.610726,
          76.788774
        ]
      },
      {
        "date": "2026-07-10",
        "close": 79.61,
        "volume": 9475515,
        "typical_volume": 9915776.8,
        "trend": 74.259005,
        "fair_value": 61.658259,
        "relative_strength": 4.837162,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.025642,
        "energy": 39.633557,
        "activity_lines": [
          81.535333,
          81.381273,
          78.89476,
          77.170113
        ]
      },
      {
        "date": "2026-07-17",
        "close": 80.57,
        "volume": 7168478,
        "typical_volume": 9679780.8,
        "trend": 74.826124,
        "fair_value": 61.816934,
        "relative_strength": 7.747657,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.67373,
        "energy": 32.129584,
        "activity_lines": [
          81.08,
          81.258909,
          79.25962,
          77.577274
        ]
      },
      {
        "date": "2026-07-24",
        "close": 81.66,
        "volume": 6193480,
        "typical_volume": 9479121.75,
        "trend": 75.437789,
        "fair_value": 61.980702,
        "relative_strength": 9.82807,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.138915,
        "energy": 25.581828,
        "activity_lines": [
          81.144,
          81.322364,
          79.724519,
          78.018169
        ]
      },
      {
        "date": "2026-07-31",
        "close": 86.48,
        "volume": 13595458,
        "typical_volume": 9654843.15,
        "trend": 76.227532,
        "fair_value": 62.189851,
        "relative_strength": 14.513105,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.265387,
        "energy": 41.347163,
        "activity_lines": [
          82.753333,
          82.248727,
          80.605245,
          78.73057
        ]
      },
      {
        "date": "2026-08-07",
        "close": 83.76,
        "volume": 8136926,
        "typical_volume": 9368089.95,
        "trend": 76.855322,
        "fair_value": 62.382725,
        "relative_strength": 6.912092,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.767883,
        "energy": 43.000222,
        "activity_lines": [
          83.363333,
          82.625455,
          81.154838,
          79.216535
        ]
      }
    ],
    "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."
    }
  }
}