{
  "ticker": {
    "uuid": "0c2e0279-c2f9-4d94-be32-2ff685cd7bac",
    "symbol": "ENS",
    "name": "Enersys",
    "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": "2c",
    "phase_label": "Stage 2C \u00b7 Late advance",
    "transition": "stage_2_to_3_watch",
    "transition_label": "Stage 2 \u2192 3 watch",
    "confidence": 48.593,
    "architecture_regime": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Momentum cooling",
    "architecture_gate": "mixed",
    "architecture_direction": -19.829,
    "architecture_energy": 32.26,
    "architecture_maturity": 38.386,
    "architecture_confidence": 49.847,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 43.64,
        "rotation_up": 14.4,
        "upward_expansion": 17.69,
        "deceleration": 59.5,
        "rotation_down": 60.78,
        "downward_expansion": 42.69
      },
      "activity_lines": [
        191.588667,
        200.131871,
        208.879688,
        203.573816
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 191.72,
    "trend_reference": 195.098919,
    "distance_from_trend": -0.017319,
    "trend_direction": "Improving",
    "fair_value": 117.723678,
    "distance_from_fair_value": 0.628559,
    "fair_value_direction": "Weakening",
    "relative_strength": 4.07104,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.116326,
    "excess_performance": -0.009299,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.017319,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.120793,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.628559,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.491189,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.04071,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.495906,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.116326,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.244396,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1937299,
      "relative_activity": 0.905419,
      "balance": 0.244396,
      "dry_up": 0.967497,
      "accumulation_observations": 2,
      "distribution_observations": 7
    },
    "risk": {
      "range_context": 0.104334,
      "annualized_volatility": 0.289767,
      "from_high_reference": -0.214323,
      "from_low_reference": 1.042631
    },
    "levels": {
      "trend_reference": 195.098919,
      "fair_value_reference": 117.723678,
      "structural_low": 150.326509,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 9,
        "median_return": 0.038364,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.022789,
        "regime_survival": 0.555556,
        "best_return": 0.218795,
        "worst_return": -0.099816,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.197788,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.13068,
        "regime_survival": 0.25,
        "best_return": 0.392919,
        "worst_return": -0.093879,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.174539,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.028665,
        "regime_survival": 0.0,
        "best_return": 0.414964,
        "worst_return": -0.065886,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.287605,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.063416,
        "regime_survival": 0.0,
        "best_return": 0.287605,
        "worst_return": 0.287605,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-02-02",
        "end": "2024-05-17",
        "tenure": "Established",
        "return": -0.01056,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": -0.118253,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-16",
        "end": "2024-11-15",
        "tenure": "Established",
        "return": 0.008376,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-11-22",
        "end": "2025-01-31",
        "tenure": "Developing",
        "return": -0.002053,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-07",
        "end": "2025-02-14",
        "tenure": "New",
        "return": -0.003911,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-02-21",
        "end": "2025-03-14",
        "tenure": "New",
        "return": -0.062096,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-21",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.159672,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-07-11",
        "tenure": "Established",
        "return": 0.064749,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-07-18",
        "end": "2025-08-08",
        "tenure": "New",
        "return": 0.077912,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-15",
        "end": "2025-09-05",
        "tenure": "New",
        "return": 0.056137,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-12",
        "end": "2026-03-06",
        "tenure": "Established",
        "return": 0.454122,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-13",
        "end": "2026-04-10",
        "tenure": "Developing",
        "return": 0.186398,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-17",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": 0.116359,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.072382,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 95.778456,
        "volume": 2359047,
        "typical_volume": 1293271.6,
        "trend": 90.473391,
        "fair_value": 77.670802,
        "relative_strength": 10.609551,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.923508,
        "energy": 25.36486,
        "activity_lines": [
          97.820302,
          100.711996,
          98.513369,
          94.75357
        ]
      },
      {
        "date": "2023-08-25",
        "close": 99.449882,
        "volume": 1308255,
        "typical_volume": 1327148.0,
        "trend": 91.19513,
        "fair_value": 77.86074,
        "relative_strength": 13.170982,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.55605,
        "energy": 26.567862,
        "activity_lines": [
          97.638516,
          100.274648,
          99.029159,
          95.332698
        ]
      },
      {
        "date": "2023-09-01",
        "close": 102.157194,
        "volume": 917497,
        "typical_volume": 1331090.65,
        "trend": 91.827308,
        "fair_value": 78.090155,
        "relative_strength": 12.564529,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.042091,
        "energy": 26.572272,
        "activity_lines": [
          98.810385,
          100.369908,
          99.6983,
          96.039928
        ]
      },
      {
        "date": "2023-09-08",
        "close": 95.106497,
        "volume": 1116065,
        "typical_volume": 1347041.5,
        "trend": 92.076675,
        "fair_value": 78.290873,
        "relative_strength": 5.563121,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.491923,
        "energy": 11.693008,
        "activity_lines": [
          97.75343,
          99.138781,
          99.588427,
          96.251489
        ]
      },
      {
        "date": "2023-09-15",
        "close": 94.371284,
        "volume": 1427165,
        "typical_volume": 1383718.1,
        "trend": 92.279544,
        "fair_value": 78.474264,
        "relative_strength": 4.346968,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.210151,
        "energy": 7.704022,
        "activity_lines": [
          96.895481,
          97.96627,
          99.338202,
          96.399528
        ]
      },
      {
        "date": "2023-09-22",
        "close": 92.272626,
        "volume": 1225009,
        "typical_volume": 1407423.15,
        "trend": 92.514972,
        "fair_value": 78.676315,
        "relative_strength": 4.53651,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.980804,
        "energy": 13.221314,
        "activity_lines": [
          95.195468,
          96.582254,
          98.822846,
          96.399082
        ]
      },
      {
        "date": "2023-09-29",
        "close": 92.409282,
        "volume": 988537,
        "typical_volume": 1420884.3,
        "trend": 92.613957,
        "fair_value": 78.850847,
        "relative_strength": 4.860412,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -5.569462,
        "energy": 23.268241,
        "activity_lines": [
          93.77473,
          95.505147,
          98.271816,
          96.392263
        ]
      },
      {
        "date": "2023-10-06",
        "close": 91.765043,
        "volume": 1682455,
        "typical_volume": 1454397.45,
        "trend": 92.971523,
        "fair_value": 78.993157,
        "relative_strength": 3.143639,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -24.73943,
        "energy": 42.546233,
        "activity_lines": [
          92.608619,
          94.561977,
          97.606709,
          96.337494
        ]
      },
      {
        "date": "2023-10-13",
        "close": 90.92558,
        "volume": 1012054,
        "typical_volume": 1423533.6,
        "trend": 93.428194,
        "fair_value": 79.129051,
        "relative_strength": 1.278556,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.835436,
        "energy": 46.481691,
        "activity_lines": [
          91.855497,
          93.688236,
          96.821909,
          96.205498
        ]
      },
      {
        "date": "2023-10-20",
        "close": 86.933249,
        "volume": 1753404,
        "typical_volume": 1439366.15,
        "trend": 93.684703,
        "fair_value": 79.233929,
        "relative_strength": -1.222934,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.690818,
        "energy": 54.891021,
        "activity_lines": [
          90.050326,
          92.285745,
          95.67966,
          95.786469
        ]
      },
      {
        "date": "2023-10-27",
        "close": 83.780381,
        "volume": 1067254,
        "typical_volume": 1412952.25,
        "trend": 93.66176,
        "fair_value": 79.334683,
        "relative_strength": -2.717156,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -53.008585,
        "energy": 64.68511,
        "activity_lines": [
          87.690067,
          90.406377,
          94.301051,
          95.147481
        ]
      },
      {
        "date": "2023-11-03",
        "close": 88.251011,
        "volume": 1945617,
        "typical_volume": 1425038.25,
        "trend": 94.019881,
        "fair_value": 79.440636,
        "relative_strength": -3.45015,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.730772,
        "energy": 54.394,
        "activity_lines": [
          87.386169,
          89.557996,
          93.431033,
          94.7984
        ]
      },
      {
        "date": "2023-11-10",
        "close": 83.546113,
        "volume": 2110832,
        "typical_volume": 1409239.7,
        "trend": 94.152142,
        "fair_value": 79.490957,
        "relative_strength": -9.811397,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -75.268565,
        "energy": 78.936627,
        "activity_lines": [
          85.791189,
          88.057796,
          92.17683,
          94.122673
        ]
      },
      {
        "date": "2023-11-17",
        "close": 86.786831,
        "volume": 1968040,
        "typical_volume": 1450676.6,
        "trend": 94.367149,
        "fair_value": 79.559615,
        "relative_strength": -8.397856,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.234747,
        "energy": 67.367512,
        "activity_lines": [
          85.824377,
          87.485201,
          91.308252,
          93.647492
        ]
      },
      {
        "date": "2023-11-24",
        "close": 87.665339,
        "volume": 855166,
        "typical_volume": 1454753.7,
        "trend": 94.60042,
        "fair_value": 79.614039,
        "relative_strength": -8.446115,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.405978,
        "energy": 45.453527,
        "activity_lines": [
          86.426317,
          87.2236,
          90.613321,
          93.215117
        ]
      },
      {
        "date": "2023-12-01",
        "close": 89.685908,
        "volume": 1393963,
        "typical_volume": 1462104.2,
        "trend": 94.855024,
        "fair_value": 79.678674,
        "relative_strength": -7.172065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.059702,
        "energy": 34.91351,
        "activity_lines": [
          87.652975,
          87.451303,
          90.1873,
          92.898052
        ]
      },
      {
        "date": "2023-12-08",
        "close": 90.242296,
        "volume": 1150596,
        "typical_volume": 1467032.2,
        "trend": 95.151833,
        "fair_value": 79.738405,
        "relative_strength": -6.882995,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.699791,
        "energy": 24.324711,
        "activity_lines": [
          88.671394,
          87.827198,
          89.900459,
          92.600456
        ]
      },
      {
        "date": "2023-12-15",
        "close": 95.768419,
        "volume": 1716389,
        "typical_volume": 1499494.4,
        "trend": 95.563492,
        "fair_value": 79.841715,
        "relative_strength": -3.612659,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -13.416513,
        "energy": 18.128658,
        "activity_lines": [
          91.399101,
          89.247242,
          90.215992,
          92.640236
        ]
      },
      {
        "date": "2023-12-22",
        "close": 100.327422,
        "volume": 2155751,
        "typical_volume": 1556956.0,
        "trend": 95.717479,
        "fair_value": 79.976387,
        "relative_strength": -0.162375,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 16.407763,
        "energy": 27.578066,
        "activity_lines": [
          94.831655,
          91.423407,
          91.00481,
          92.947587
        ]
      },
      {
        "date": "2023-12-29",
        "close": 98.771882,
        "volume": 686969,
        "typical_volume": 1442003.25,
        "trend": 95.664703,
        "fair_value": 80.10237,
        "relative_strength": -2.209743,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 29.255733,
        "energy": 37.318216,
        "activity_lines": [
          96.84299,
          93.145805,
          91.652339,
          93.144645
        ]
      },
      {
        "date": "2024-01-05",
        "close": 94.388978,
        "volume": 1054579,
        "typical_volume": 1376779.85,
        "trend": 95.438607,
        "fair_value": 80.162644,
        "relative_strength": -5.158461,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 20.67563,
        "energy": 32.860332,
        "activity_lines": [
          96.652921,
          93.856062,
          91.851315,
          93.06234
        ]
      },
      {
        "date": "2024-01-12",
        "close": 95.827118,
        "volume": 1157566,
        "typical_volume": 1369245.4,
        "trend": 95.243836,
        "fair_value": 80.240807,
        "relative_strength": -5.477801,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 19.980852,
        "energy": 35.768503,
        "activity_lines": [
          96.628694,
          94.634917,
          92.193873,
          93.087405
        ]
      },
      {
        "date": "2024-01-19",
        "close": 95.582537,
        "volume": 623862,
        "typical_volume": 1354563.65,
        "trend": 95.106159,
        "fair_value": 80.284491,
        "relative_strength": -6.827833,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 17.19314,
        "energy": 21.705043,
        "activity_lines": [
          96.150618,
          95.231554,
          92.530388,
          93.109257
        ]
      },
      {
        "date": "2024-01-26",
        "close": 94.878141,
        "volume": 914172,
        "typical_volume": 1344469.0,
        "trend": 94.746013,
        "fair_value": 80.390582,
        "relative_strength": -8.459008,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 2.800385,
        "energy": 8.430003,
        "activity_lines": [
          95.450136,
          95.481276,
          92.831127,
          93.094546
        ]
      },
      {
        "date": "2024-02-02",
        "close": 95.523837,
        "volume": 757397,
        "typical_volume": 1310980.6,
        "trend": 94.472637,
        "fair_value": 80.451475,
        "relative_strength": -9.034386,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 10.316105,
        "energy": 11.044518,
        "activity_lines": [
          95.328172,
          95.701282,
          93.194447,
          93.144728
        ]
      },
      {
        "date": "2024-02-09",
        "close": 87.99072,
        "volume": 1444697,
        "typical_volume": 1321965.0,
        "trend": 93.812792,
        "fair_value": 80.448874,
        "relative_strength": -17.03421,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.496004,
        "energy": 14.842102,
        "activity_lines": [
          92.911704,
          94.408748,
          92.834839,
          92.72654
        ]
      },
      {
        "date": "2024-02-16",
        "close": 89.467994,
        "volume": 1494417,
        "typical_volume": 1347259.0,
        "trend": 93.254453,
        "fair_value": 80.46472,
        "relative_strength": -15.039426,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.097394,
        "energy": 19.630243,
        "activity_lines": [
          91.414212,
          93.415632,
          92.636315,
          92.44623
        ]
      },
      {
        "date": "2024-02-23",
        "close": 88.587499,
        "volume": 855849,
        "typical_volume": 1305928.7,
        "trend": 92.741427,
        "fair_value": 80.481332,
        "relative_strength": -16.92496,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -48.535204,
        "energy": 34.84381,
        "activity_lines": [
          90.047163,
          92.276503,
          92.367939,
          92.145137
        ]
      },
      {
        "date": "2024-03-01",
        "close": 89.829975,
        "volume": 869878,
        "typical_volume": 1298819.9,
        "trend": 92.343504,
        "fair_value": 80.511771,
        "relative_strength": -16.201107,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.225921,
        "energy": 38.12531,
        "activity_lines": [
          89.560609,
          91.493842,
          92.233026,
          91.957301
        ]
      },
      {
        "date": "2024-03-08",
        "close": 91.776845,
        "volume": 1096064,
        "typical_volume": 1265952.9,
        "trend": 92.328278,
        "fair_value": 80.479463,
        "relative_strength": -13.927776,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -41.154774,
        "energy": 34.532528,
        "activity_lines": [
          90.059555,
          91.256019,
          92.288746,
          91.920742
        ]
      },
      {
        "date": "2024-03-15",
        "close": 89.434771,
        "volume": 1189382,
        "typical_volume": 1272059.3,
        "trend": 92.116822,
        "fair_value": 80.444803,
        "relative_strength": -15.878658,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -45.334706,
        "energy": 30.777276,
        "activity_lines": [
          90.02761,
          90.719548,
          92.098347,
          91.734065
        ]
      },
      {
        "date": "2024-03-22",
        "close": 89.601499,
        "volume": 1496213,
        "typical_volume": 1249589.1,
        "trend": 91.788542,
        "fair_value": 80.446018,
        "relative_strength": -17.323853,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -25.236162,
        "energy": 18.250707,
        "activity_lines": [
          89.954971,
          90.303467,
          91.896901,
          91.571786
        ]
      },
      {
        "date": "2024-03-29",
        "close": 92.64183,
        "volume": 803336,
        "typical_volume": 1184214.3,
        "trend": 91.471364,
        "fair_value": 80.466355,
        "relative_strength": -14.567883,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 5.487537,
        "energy": 5.163916,
        "activity_lines": [
          90.886875,
          90.553367,
          91.97858,
          91.626836
        ]
      },
      {
        "date": "2024-04-05",
        "close": 89.336695,
        "volume": 940254,
        "typical_volume": 1132825.0,
        "trend": 91.279037,
        "fair_value": 80.464404,
        "relative_strength": -16.725084,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.411875,
        "energy": 7.844838,
        "activity_lines": [
          90.446779,
          90.2558,
          91.702171,
          91.489116
        ]
      },
      {
        "date": "2024-04-12",
        "close": 89.16016,
        "volume": 932581,
        "typical_volume": 1136695.75,
        "trend": 91.105333,
        "fair_value": 80.466949,
        "relative_strength": -15.489843,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.996458,
        "energy": 11.923317,
        "activity_lines": [
          89.980723,
          90.02689,
          91.396806,
          91.352414
        ]
      },
      {
        "date": "2024-04-19",
        "close": 88.758052,
        "volume": 1271373,
        "typical_volume": 1130566.25,
        "trend": 90.98818,
        "fair_value": 80.467283,
        "relative_strength": -13.055551,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.535955,
        "energy": 16.517076,
        "activity_lines": [
          89.555076,
          89.840572,
          91.046028,
          91.200977
        ]
      },
      {
        "date": "2024-04-26",
        "close": 89.523038,
        "volume": 1157322,
        "typical_volume": 1130902.55,
        "trend": 90.891972,
        "fair_value": 80.480963,
        "relative_strength": -14.401692,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.152658,
        "energy": 22.477816,
        "activity_lines": [
          89.42954,
          89.779392,
          90.772523,
          91.106451
        ]
      },
      {
        "date": "2024-05-03",
        "close": 91.484542,
        "volume": 1122180,
        "typical_volume": 1101192.1,
        "trend": 90.882622,
        "fair_value": 80.509846,
        "relative_strength": -12.858814,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -14.027054,
        "energy": 11.260799,
        "activity_lines": [
          89.963069,
          90.073847,
          90.689254,
          91.144682
        ]
      },
      {
        "date": "2024-05-10",
        "close": 94.976019,
        "volume": 1000289,
        "typical_volume": 1043419.0,
        "trend": 91.017637,
        "fair_value": 80.559276,
        "relative_strength": -11.040692,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 20.730504,
        "energy": 14.094768,
        "activity_lines": [
          91.737576,
          90.950443,
          90.958906,
          91.408772
        ]
      },
      {
        "date": "2024-05-17",
        "close": 94.515066,
        "volume": 1109310,
        "typical_volume": 1064536.05,
        "trend": 91.270364,
        "fair_value": 80.599879,
        "relative_strength": -12.718372,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 31.401303,
        "energy": 33.408687,
        "activity_lines": [
          92.982477,
          91.649665,
          91.21014,
          91.634412
        ]
      },
      {
        "date": "2024-05-24",
        "close": 105.116994,
        "volume": 1893299,
        "typical_volume": 1106472.05,
        "trend": 91.981584,
        "fair_value": 80.697249,
        "relative_strength": -2.627158,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.044178,
        "energy": 77.432422,
        "activity_lines": [
          97.404361,
          94.226725,
          92.491352,
          92.527743
        ]
      },
      {
        "date": "2024-05-31",
        "close": 105.764291,
        "volume": 1107657,
        "typical_volume": 1103976.6,
        "trend": 92.56536,
        "fair_value": 80.783904,
        "relative_strength": -1.294971,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.006669,
        "energy": 90.631172,
        "activity_lines": [
          100.951414,
          96.636343,
          93.783126,
          93.41695
        ]
      },
      {
        "date": "2024-06-07",
        "close": 102.282621,
        "volume": 1316953,
        "typical_volume": 1138631.15,
        "trend": 93.189911,
        "fair_value": 80.857992,
        "relative_strength": -5.307884,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.69172,
        "energy": 84.81028,
        "activity_lines": [
          102.25516,
          98.119062,
          94.695992,
          94.04387
        ]
      },
      {
        "date": "2024-06-14",
        "close": 101.414656,
        "volume": 1785919,
        "typical_volume": 1182218.5,
        "trend": 93.677505,
        "fair_value": 80.934362,
        "relative_strength": -7.213765,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.734831,
        "energy": 81.44314,
        "activity_lines": [
          102.549713,
          99.268681,
          95.49429,
          94.574499
        ]
      },
      {
        "date": "2024-06-21",
        "close": 104.314183,
        "volume": 1743360,
        "typical_volume": 1231516.65,
        "trend": 94.232466,
        "fair_value": 81.004253,
        "relative_strength": -4.791347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.567116,
        "energy": 76.8784,
        "activity_lines": [
          103.381532,
          100.725888,
          96.537607,
          95.260736
        ]
      },
      {
        "date": "2024-06-28",
        "close": 101.748839,
        "volume": 1321870,
        "typical_volume": 1225375.3,
        "trend": 94.634564,
        "fair_value": 81.060335,
        "relative_strength": -6.594066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.622,
        "energy": 50.130114,
        "activity_lines": [
          102.704962,
          101.441142,
          97.294746,
          95.745664
        ]
      },
      {
        "date": "2024-07-05",
        "close": 98.819825,
        "volume": 585246,
        "typical_volume": 1179916.75,
        "trend": 94.920482,
        "fair_value": 81.097887,
        "relative_strength": -10.45662,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.67641,
        "energy": 36.959336,
        "activity_lines": [
          101.276598,
          101.387651,
          97.707418,
          96.01568
        ]
      },
      {
        "date": "2024-07-12",
        "close": 104.382986,
        "volume": 1125322,
        "typical_volume": 1193390.4,
        "trend": 95.207634,
        "fair_value": 81.197083,
        "relative_strength": -5.801464,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.204732,
        "energy": 39.832679,
        "activity_lines": [
          102.165585,
          102.176611,
          98.605381,
          96.626165
        ]
      },
      {
        "date": "2024-07-19",
        "close": 103.694962,
        "volume": 1142632,
        "typical_volume": 1207028.1,
        "trend": 95.319885,
        "fair_value": 81.268582,
        "relative_strength": -4.08762,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.246584,
        "energy": 37.707406,
        "activity_lines": [
          102.685206,
          102.605959,
          99.362602,
          97.173734
        ]
      },
      {
        "date": "2024-07-26",
        "close": 108.02951,
        "volume": 1174535,
        "typical_volume": 1210951.65,
        "trend": 95.628473,
        "fair_value": 81.356468,
        "relative_strength": 1.075884,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.050749,
        "energy": 46.922953,
        "activity_lines": [
          104.497656,
          103.664881,
          100.466613,
          97.99371
        ]
      },
      {
        "date": "2024-08-02",
        "close": 99.979635,
        "volume": 1218346,
        "typical_volume": 1212399.85,
        "trend": 95.814828,
        "fair_value": 81.39698,
        "relative_strength": -4.022515,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.901052,
        "energy": 36.27214,
        "activity_lines": [
          103.379127,
          103.014471,
          100.726575,
          98.27443
        ]
      },
      {
        "date": "2024-08-09",
        "close": 92.686587,
        "volume": 2010571,
        "typical_volume": 1238117.75,
        "trend": 95.710144,
        "fair_value": 81.428308,
        "relative_strength": -10.722675,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 16.420047,
        "energy": 9.828332,
        "activity_lines": [
          99.947528,
          101.13146,
          100.241748,
          98.072608
        ]
      },
      {
        "date": "2024-08-16",
        "close": 93.925029,
        "volume": 1269280,
        "typical_volume": 1261414.95,
        "trend": 95.654893,
        "fair_value": 81.505387,
        "relative_strength": -12.551331,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 3.49656,
        "energy": 11.777646,
        "activity_lines": [
          97.337625,
          99.711396,
          99.860177,
          97.957439
        ]
      },
      {
        "date": "2024-08-23",
        "close": 96.952332,
        "volume": 1282845,
        "typical_volume": 1278544.5,
        "trend": 95.724033,
        "fair_value": 81.595252,
        "relative_strength": -10.484384,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.061755,
        "energy": 21.265978,
        "activity_lines": [
          96.434021,
          98.993707,
          99.760811,
          98.041145
        ]
      },
      {
        "date": "2024-08-30",
        "close": 99.596308,
        "volume": 1025082,
        "typical_volume": 1283169.55,
        "trend": 95.859782,
        "fair_value": 81.716406,
        "relative_strength": -7.809201,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.360747,
        "energy": 19.018332,
        "activity_lines": [
          96.861251,
          98.837874,
          99.876986,
          98.290969
        ]
      },
      {
        "date": "2024-09-06",
        "close": 94.662197,
        "volume": 1064210,
        "typical_volume": 1272811.4,
        "trend": 96.082165,
        "fair_value": 81.832684,
        "relative_strength": -8.21463,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -0.731147,
        "energy": 16.184968,
        "activity_lines": [
          96.205991,
          97.870709,
          99.47355,
          98.213706
        ]
      },
      {
        "date": "2024-09-13",
        "close": 97.316002,
        "volume": 1517408,
        "typical_volume": 1290815.7,
        "trend": 96.343765,
        "fair_value": 81.990724,
        "relative_strength": -8.891592,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.568654,
        "energy": 11.945556,
        "activity_lines": [
          96.789828,
          97.514903,
          99.294743,
          98.293308
        ]
      },
      {
        "date": "2024-09-20",
        "close": 100.633055,
        "volume": 1650406,
        "typical_volume": 1317227.0,
        "trend": 96.745283,
        "fair_value": 82.171563,
        "relative_strength": -6.727885,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 28.052136,
        "energy": 13.033075,
        "activity_lines": [
          98.170721,
          97.789539,
          99.394736,
          98.570037
        ]
      },
      {
        "date": "2024-09-27",
        "close": 100.081317,
        "volume": 1117697,
        "typical_volume": 1323097.4,
        "trend": 97.086995,
        "fair_value": 82.343768,
        "relative_strength": -7.349276,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.033133,
        "energy": 14.178999,
        "activity_lines": [
          98.920501,
          98.03204,
          99.398618,
          98.785265
        ]
      },
      {
        "date": "2024-10-04",
        "close": 98.948283,
        "volume": 869676,
        "typical_volume": 1311115.7,
        "trend": 97.326043,
        "fair_value": 82.512701,
        "relative_strength": -8.230259,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 29.079813,
        "energy": 16.466046,
        "activity_lines": [
          99.084003,
          98.134238,
          99.270281,
          98.905348
        ]
      },
      {
        "date": "2024-10-11",
        "close": 101.480366,
        "volume": 804121,
        "typical_volume": 1256656.8,
        "trend": 97.727563,
        "fair_value": 82.680239,
        "relative_strength": -6.586266,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 39.644279,
        "energy": 23.212526,
        "activity_lines": [
          100.134735,
          98.861927,
          99.361984,
          99.173369
        ]
      },
      {
        "date": "2024-10-18",
        "close": 100.761137,
        "volume": 940066,
        "typical_volume": 1248277.25,
        "trend": 98.099551,
        "fair_value": 82.854591,
        "relative_strength": -7.694367,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.530066,
        "energy": 24.91181,
        "activity_lines": [
          100.491179,
          99.431562,
          99.402507,
          99.369083
        ]
      },
      {
        "date": "2024-10-25",
        "close": 97.884217,
        "volume": 913422,
        "typical_volume": 1228100.7,
        "trend": 98.274297,
        "fair_value": 82.990479,
        "relative_strength": -9.1173,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.519826,
        "energy": 13.775832,
        "activity_lines": [
          99.658974,
          99.33131,
          99.192862,
          99.355191
        ]
      },
      {
        "date": "2024-11-01",
        "close": 95.962987,
        "volume": 957986,
        "typical_volume": 1186704.05,
        "trend": 98.495173,
        "fair_value": 83.080579,
        "relative_strength": -9.299118,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.911817,
        "energy": 9.14794,
        "activity_lines": [
          98.369615,
          98.809758,
          98.821187,
          99.206074
        ]
      },
      {
        "date": "2024-11-08",
        "close": 96.002397,
        "volume": 2097943,
        "typical_volume": 1204433.2,
        "trend": 98.723248,
        "fair_value": 83.202562,
        "relative_strength": -13.094272,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.21428,
        "energy": 24.341005,
        "activity_lines": [
          97.367948,
          98.31336,
          98.479226,
          99.045249
        ]
      },
      {
        "date": "2024-11-15",
        "close": 94.711724,
        "volume": 1653012,
        "typical_volume": 1220990.3,
        "trend": 98.921703,
        "fair_value": 83.318174,
        "relative_strength": -12.135818,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -57.140055,
        "energy": 49.885194,
        "activity_lines": [
          96.132449,
          97.647638,
          98.053924,
          98.786441
        ]
      },
      {
        "date": "2024-11-22",
        "close": 96.081217,
        "volume": 1496351,
        "typical_volume": 1266545.55,
        "trend": 99.140309,
        "fair_value": 83.477942,
        "relative_strength": -12.015309,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.847983,
        "energy": 51.473114,
        "activity_lines": [
          95.804691,
          97.230014,
          97.792559,
          98.603184
        ]
      },
      {
        "date": "2024-11-29",
        "close": 95.233905,
        "volume": 852814,
        "typical_volume": 1252920.15,
        "trend": 99.265288,
        "fair_value": 83.632277,
        "relative_strength": -13.447529,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.639969,
        "energy": 50.035224,
        "activity_lines": [
          95.50649,
          96.680784,
          97.463539,
          98.351158
        ]
      },
      {
        "date": "2024-12-06",
        "close": 93.312675,
        "volume": 1028936,
        "typical_volume": 1247235.35,
        "trend": 99.209843,
        "fair_value": 83.760663,
        "relative_strength": -15.525163,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.832342,
        "energy": 51.400069,
        "activity_lines": [
          94.744566,
          95.880406,
          96.995112,
          97.967119
        ]
      },
      {
        "date": "2024-12-13",
        "close": 92.120527,
        "volume": 1302192,
        "typical_volume": 1253618.2,
        "trend": 99.130025,
        "fair_value": 83.890452,
        "relative_strength": -15.629706,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.316542,
        "energy": 51.247363,
        "activity_lines": [
          93.761947,
          94.986339,
          96.462587,
          97.509743
        ]
      },
      {
        "date": "2024-12-20",
        "close": 91.330301,
        "volume": 2595052,
        "typical_volume": 1322453.5,
        "trend": 98.670469,
        "fair_value": 83.998799,
        "relative_strength": -14.242721,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.021368,
        "energy": 53.073856,
        "activity_lines": [
          92.774711,
          94.072737,
          95.930559,
          97.006535
        ]
      },
      {
        "date": "2024-12-27",
        "close": 91.547613,
        "volume": 583098,
        "typical_volume": 1251079.85,
        "trend": 98.19658,
        "fair_value": 84.098936,
        "relative_strength": -14.077108,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.926815,
        "energy": 55.601953,
        "activity_lines": [
          92.08534,
          93.383192,
          95.460415,
          96.546996
        ]
      },
      {
        "date": "2025-01-03",
        "close": 92.910752,
        "volume": 944495,
        "typical_volume": 1234840.6,
        "trend": 97.884184,
        "fair_value": 84.209104,
        "relative_strength": -11.898948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.27896,
        "energy": 47.374687,
        "activity_lines": [
          92.15259,
          93.10901,
          95.125517,
          96.205975
        ]
      },
      {
        "date": "2025-01-10",
        "close": 88.525001,
        "volume": 1230691,
        "typical_volume": 1232232.9,
        "trend": 97.454529,
        "fair_value": 84.281924,
        "relative_strength": -13.925639,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.187437,
        "energy": 52.036703,
        "activity_lines": [
          90.912799,
          92.127844,
          94.377758,
          95.602157
        ]
      },
      {
        "date": "2025-01-17",
        "close": 97.059436,
        "volume": 1382785,
        "typical_volume": 1250118.05,
        "trend": 97.212704,
        "fair_value": 84.44725,
        "relative_strength": -7.944244,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -33.841622,
        "energy": 21.713221,
        "activity_lines": [
          92.836998,
          92.833631,
          94.482933,
          95.576667
        ]
      },
      {
        "date": "2025-01-24",
        "close": 98.412697,
        "volume": 1214853,
        "typical_volume": 1257650.2,
        "trend": 97.101499,
        "fair_value": 84.62396,
        "relative_strength": -7.901717,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -18.435913,
        "energy": 11.707262,
        "activity_lines": [
          94.883023,
          93.766246,
          94.729071,
          95.654086
        ]
      },
      {
        "date": "2025-01-31",
        "close": 95.883975,
        "volume": 1129000,
        "typical_volume": 1238229.8,
        "trend": 97.003638,
        "fair_value": 84.789201,
        "relative_strength": -8.988903,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -22.960474,
        "energy": 15.285412,
        "activity_lines": [
          95.613982,
          94.171802,
          94.716518,
          95.575536
        ]
      },
      {
        "date": "2025-02-07",
        "close": 98.501597,
        "volume": 1811361,
        "typical_volume": 1246277.55,
        "trend": 96.807591,
        "fair_value": 84.986796,
        "relative_strength": -6.198173,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.361052,
        "energy": 22.554299,
        "activity_lines": [
          96.92839,
          95.056877,
          94.960081,
          95.672178
        ]
      },
      {
        "date": "2025-02-14",
        "close": 98.116362,
        "volume": 1691850,
        "typical_volume": 1274985.2,
        "trend": 96.621638,
        "fair_value": 85.174596,
        "relative_strength": -7.725598,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.022529,
        "energy": 21.920601,
        "activity_lines": [
          97.741664,
          95.812496,
          95.177106,
          95.756615
        ]
      },
      {
        "date": "2025-02-21",
        "close": 100.852518,
        "volume": 1156571,
        "typical_volume": 1289329.95,
        "trend": 96.382405,
        "fair_value": 85.367192,
        "relative_strength": -3.518195,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 29.186261,
        "energy": 37.081229,
        "activity_lines": [
          98.827565,
          96.978258,
          95.664073,
          96.029575
        ]
      },
      {
        "date": "2025-02-28",
        "close": 100.249971,
        "volume": 1912730,
        "typical_volume": 1344760.4,
        "trend": 96.391416,
        "fair_value": 85.579319,
        "relative_strength": -3.072022,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 25.489727,
        "energy": 40.885021,
        "activity_lines": [
          99.459745,
          97.875703,
          96.084588,
          96.279096
        ]
      },
      {
        "date": "2025-03-07",
        "close": 99.993147,
        "volume": 1319340,
        "typical_volume": 1363724.1,
        "trend": 96.634968,
        "fair_value": 85.766583,
        "relative_strength": -0.166517,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 22.251854,
        "energy": 35.603045,
        "activity_lines": [
          99.883833,
          98.564276,
          96.486502,
          96.511465
        ]
      },
      {
        "date": "2025-03-14",
        "close": 94.589981,
        "volume": 1898787,
        "typical_volume": 1412992.35,
        "trend": 96.657133,
        "fair_value": 85.89749,
        "relative_strength": -3.264431,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 6.19961,
        "energy": 11.28192,
        "activity_lines": [
          98.23292,
          98.116901,
          96.377485,
          96.379531
        ]
      },
      {
        "date": "2025-03-21",
        "close": 95.322776,
        "volume": 3259925,
        "typical_volume": 1528089.3,
        "trend": 96.602815,
        "fair_value": 86.042782,
        "relative_strength": -2.954494,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 1.932249,
        "energy": 3.204924,
        "activity_lines": [
          97.087047,
          97.77223,
          96.353946,
          96.293443
        ]
      },
      {
        "date": "2025-03-28",
        "close": 92.203446,
        "volume": 1239467,
        "typical_volume": 1485165.5,
        "trend": 96.356386,
        "fair_value": 86.162341,
        "relative_strength": -4.583227,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.19281,
        "energy": 16.141852,
        "activity_lines": [
          95.087636,
          96.736811,
          96.036376,
          96.009613
        ]
      },
      {
        "date": "2025-04-04",
        "close": 80.102424,
        "volume": 2038059,
        "typical_volume": 1504417.85,
        "trend": 95.87106,
        "fair_value": 86.241166,
        "relative_strength": -8.679498,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -79.897539,
        "energy": 60.349707,
        "activity_lines": [
          89.631156,
          93.589498,
          94.584418,
          94.96097
        ]
      },
      {
        "date": "2025-04-11",
        "close": 81.716554,
        "volume": 2159976,
        "typical_volume": 1537599.1,
        "trend": 95.351079,
        "fair_value": 86.335645,
        "relative_strength": -11.607743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -75.723118,
        "energy": 75.849764,
        "activity_lines": [
          86.055889,
          91.068577,
          93.355755,
          94.047776
        ]
      },
      {
        "date": "2025-04-18",
        "close": 81.835386,
        "volume": 959400,
        "typical_volume": 1542928.4,
        "trend": 94.72449,
        "fair_value": 86.42996,
        "relative_strength": -9.952251,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.086578,
        "energy": 81.326581,
        "activity_lines": [
          83.738672,
          88.826851,
          92.206813,
          93.175796
        ]
      },
      {
        "date": "2025-04-25",
        "close": 85.56868,
        "volume": 1081752,
        "typical_volume": 1545569.2,
        "trend": 94.240735,
        "fair_value": 86.574555,
        "relative_strength": -9.75654,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.049,
        "energy": 76.220585,
        "activity_lines": [
          83.516193,
          87.566928,
          91.477225,
          92.585099
        ]
      },
      {
        "date": "2025-05-02",
        "close": 89.876326,
        "volume": 1212071,
        "typical_volume": 1541063.15,
        "trend": 93.938337,
        "fair_value": 86.749725,
        "relative_strength": -7.676278,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.764925,
        "energy": 53.867488,
        "activity_lines": [
          85.379869,
          87.318353,
          91.194764,
          92.303524
        ]
      },
      {
        "date": "2025-05-09",
        "close": 92.203446,
        "volume": 896908,
        "typical_volume": 1456155.95,
        "trend": 93.629106,
        "fair_value": 86.95709,
        "relative_strength": -4.652431,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.559411,
        "energy": 26.97644,
        "activity_lines": [
          88.174393,
          87.692458,
          91.144621,
          92.191596
        ]
      },
      {
        "date": "2025-05-16",
        "close": 98.937238,
        "volume": 1369112,
        "typical_volume": 1495456.65,
        "trend": 93.568309,
        "fair_value": 87.203794,
        "relative_strength": -2.674457,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -6.424999,
        "energy": 15.241386,
        "activity_lines": [
          92.40678,
          89.437189,
          91.731634,
          92.534056
        ]
      },
      {
        "date": "2025-05-23",
        "close": 79.458753,
        "volume": 3637770,
        "typical_volume": 1630120.4,
        "trend": 92.954127,
        "fair_value": 87.276457,
        "relative_strength": -19.219055,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.389833,
        "energy": 25.650379,
        "activity_lines": [
          88.998292,
          87.659576,
          90.428364,
          91.623762
        ]
      },
      {
        "date": "2025-05-30",
        "close": 82.815747,
        "volume": 2276267,
        "typical_volume": 1682399.2,
        "trend": 92.515886,
        "fair_value": 87.38514,
        "relative_strength": -16.68432,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.132304,
        "energy": 22.657024,
        "activity_lines": [
          86.867245,
          86.767439,
          89.508865,
          90.969673
        ]
      },
      {
        "date": "2025-06-06",
        "close": 86.073714,
        "volume": 2627554,
        "typical_volume": 1744637.65,
        "trend": 92.18493,
        "fair_value": 87.52964,
        "relative_strength": -14.324384,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.998775,
        "energy": 27.474028,
        "activity_lines": [
          86.005716,
          86.695059,
          88.926836,
          90.554049
        ]
      },
      {
        "date": "2025-06-13",
        "close": 85.915272,
        "volume": 2622130,
        "typical_volume": 1815001.5,
        "trend": 91.891715,
        "fair_value": 87.71606,
        "relative_strength": -13.727305,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.28548,
        "energy": 42.212897,
        "activity_lines": [
          85.34488,
          86.705322,
          88.38203,
          90.149555
        ]
      },
      {
        "date": "2025-06-20",
        "close": 82.618477,
        "volume": 2789038,
        "typical_volume": 1898003.4,
        "trend": 91.442957,
        "fair_value": 87.868725,
        "relative_strength": -16.376341,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -55.14096,
        "energy": 44.142629,
        "activity_lines": [
          84.004324,
          86.01048,
          87.582755,
          89.551281
        ]
      },
      {
        "date": "2025-06-27",
        "close": 86.153594,
        "volume": 2355551,
        "typical_volume": 1925212.9,
        "trend": 91.14028,
        "fair_value": 88.054568,
        "relative_strength": -15.24164,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.017814,
        "energy": 29.403208,
        "activity_lines": [
          84.930058,
          85.941987,
          87.183327,
          89.210032
        ]
      },
      {
        "date": "2025-07-04",
        "close": 89.589411,
        "volume": 1633668,
        "typical_volume": 1922303.8,
        "trend": 91.016171,
        "fair_value": 88.259467,
        "relative_strength": -12.955649,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -32.253655,
        "energy": 17.69029,
        "activity_lines": [
          86.554741,
          86.419675,
          87.169919,
          89.109976
        ]
      },
      {
        "date": "2025-07-11",
        "close": 87.007583,
        "volume": 1807219,
        "typical_volume": 1954836.2,
        "trend": 90.845739,
        "fair_value": 88.454807,
        "relative_strength": -14.740883,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.291657,
        "energy": 16.034246,
        "activity_lines": [
          86.867238,
          86.354836,
          86.951227,
          88.851357
        ]
      },
      {
        "date": "2025-07-18",
        "close": 88.070105,
        "volume": 1548065,
        "typical_volume": 1936602.95,
        "trend": 90.737066,
        "fair_value": 88.636478,
        "relative_strength": -13.72825,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -27.781457,
        "energy": 15.250436,
        "activity_lines": [
          87.47165,
          86.535342,
          86.899657,
          88.672284
        ]
      },
      {
        "date": "2025-07-25",
        "close": 93.392641,
        "volume": 1620879,
        "typical_volume": 1951679.9,
        "trend": 90.798567,
        "fair_value": 88.827331,
        "relative_strength": -9.299201,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.073608,
        "energy": 10.606516,
        "activity_lines": [
          89.706586,
          87.758733,
          87.412994,
          88.843612
        ]
      },
      {
        "date": "2025-08-01",
        "close": 88.57654,
        "volume": 1349645,
        "typical_volume": 1924222.8,
        "trend": 90.654093,
        "fair_value": 88.97172,
        "relative_strength": -11.347661,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.515347,
        "energy": 11.934667,
        "activity_lines": [
          89.617877,
          88.20728,
          87.499085,
          88.700255
        ]
      },
      {
        "date": "2025-08-08",
        "close": 94.931808,
        "volume": 2589900,
        "typical_volume": 1890721.55,
        "trend": 90.867654,
        "fair_value": 89.141689,
        "relative_strength": -6.990961,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.232168,
        "energy": 27.108668,
        "activity_lines": [
          91.486061,
          89.645553,
          88.219076,
          88.976237
        ]
      },
      {
        "date": "2025-08-15",
        "close": 97.642726,
        "volume": 1804021,
        "typical_volume": 1918949.25,
        "trend": 90.887097,
        "fair_value": 89.340606,
        "relative_strength": -5.039958,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 31.522632,
        "energy": 45.163838,
        "activity_lines": [
          93.901725,
          91.356428,
          89.199111,
          89.413338
        ]
      },
      {
        "date": "2025-08-22",
        "close": 101.297005,
        "volume": 1405198,
        "typical_volume": 1887306.2,
        "trend": 90.98324,
        "fair_value": 89.592214,
        "relative_strength": -1.562574,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.591897,
        "energy": 67.537166,
        "activity_lines": [
          96.826472,
          93.521371,
          90.501272,
          90.084945
        ]
      },
      {
        "date": "2025-08-29",
        "close": 101.932532,
        "volume": 1359114,
        "typical_volume": 1847263.1,
        "trend": 91.184859,
        "fair_value": 89.867325,
        "relative_strength": -0.655125,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 51.477926,
        "energy": 73.963178,
        "activity_lines": [
          99.081268,
          95.522197,
          91.763032,
          90.791351
        ]
      },
      {
        "date": "2025-09-05",
        "close": 103.124144,
        "volume": 1462113,
        "typical_volume": 1872398.75,
        "trend": 91.338944,
        "fair_value": 90.12483,
        "relative_strength": 0.384996,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 75.480771,
        "energy": 85.053917,
        "activity_lines": [
          101.163942,
          97.388516,
          93.042012,
          91.561628
        ]
      },
      {
        "date": "2025-09-12",
        "close": 106.393632,
        "volume": 1257929,
        "typical_volume": 1881207.6,
        "trend": 91.614853,
        "fair_value": 90.420285,
        "relative_strength": 2.132167,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.315531,
        "energy": 89.113733,
        "activity_lines": [
          103.366605,
          99.540731,
          94.530998,
          92.532898
        ]
      },
      {
        "date": "2025-09-19",
        "close": 109.489479,
        "volume": 2499371,
        "typical_volume": 1945572.6,
        "trend": 91.902751,
        "fair_value": 90.756248,
        "relative_strength": 4.001088,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.863051,
        "energy": 91.725633,
        "activity_lines": [
          105.837095,
          101.950296,
          96.215659,
          93.686099
        ]
      },
      {
        "date": "2025-09-26",
        "close": 111.131971,
        "volume": 1553111,
        "typical_volume": 1978382.75,
        "trend": 92.265485,
        "fair_value": 91.107703,
        "relative_strength": 5.981007,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.186027,
        "energy": 91.164108,
        "activity_lines": [
          108.065299,
          104.249734,
          97.963352,
          94.926694
        ]
      },
      {
        "date": "2025-10-03",
        "close": 114.227818,
        "volume": 1718696,
        "typical_volume": 1995861.95,
        "trend": 92.739974,
        "fair_value": 91.466593,
        "relative_strength": 7.783944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.371724,
        "energy": 92.425798,
        "activity_lines": [
          110.669788,
          106.692746,
          99.915752,
          96.343619
        ]
      },
      {
        "date": "2025-10-10",
        "close": 108.842437,
        "volume": 1399048,
        "typical_volume": 1883925.85,
        "trend": 93.215056,
        "fair_value": 91.798532,
        "relative_strength": 5.383465,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.192957,
        "energy": 78.157726,
        "activity_lines": [
          110.659464,
          107.777778,
          101.282446,
          97.382488
        ]
      },
      {
        "date": "2025-10-17",
        "close": 120.529013,
        "volume": 2860087,
        "typical_volume": 1913116.85,
        "trend": 94.055263,
        "fair_value": 92.193596,
        "relative_strength": 14.604489,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.967541,
        "energy": 74.160996,
        "activity_lines": [
          114.163446,
          110.61917,
          103.622225,
          99.144678
        ]
      },
      {
        "date": "2025-10-24",
        "close": 120.907284,
        "volume": 1355264,
        "typical_volume": 1849502.35,
        "trend": 95.012058,
        "fair_value": 92.563287,
        "relative_strength": 12.679394,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.134794,
        "energy": 70.856954,
        "activity_lines": [
          116.851159,
          113.063935,
          105.818443,
          100.877067
        ]
      },
      {
        "date": "2025-10-31",
        "close": 125.585896,
        "volume": 2022619,
        "typical_volume": 1819526.8,
        "trend": 96.528174,
        "fair_value": 92.957013,
        "relative_strength": 16.016487,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.326166,
        "energy": 72.325497,
        "activity_lines": [
          120.337223,
          115.936365,
          108.294369,
          102.849573
        ]
      },
      {
        "date": "2025-11-07",
        "close": 131.379412,
        "volume": 2476501,
        "typical_volume": 1803899.95,
        "trend": 98.183602,
        "fair_value": 93.318074,
        "relative_strength": 22.877655,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.126967,
        "energy": 83.642163,
        "activity_lines": [
          124.790864,
          119.420545,
          111.133151,
          105.09804
        ]
      },
      {
        "date": "2025-11-14",
        "close": 136.894201,
        "volume": 3202243,
        "typical_volume": 1846234.55,
        "trend": 100.018896,
        "fair_value": 93.705302,
        "relative_strength": 27.237175,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.660184,
        "energy": 90.85524,
        "activity_lines": [
          129.939328,
          123.372017,
          114.264956,
          107.595498
        ]
      },
      {
        "date": "2025-11-21",
        "close": 137.51138,
        "volume": 3090094,
        "typical_volume": 1919055.85,
        "trend": 101.750319,
        "fair_value": 94.115846,
        "relative_strength": 29.606526,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.918383,
        "energy": 86.802393,
        "activity_lines": [
          133.423401,
          126.821701,
          117.213917,
          110.014367
        ]
      },
      {
        "date": "2025-11-28",
        "close": 142.458763,
        "volume": 1668984,
        "typical_volume": 1912144.1,
        "trend": 103.503067,
        "fair_value": 94.545881,
        "relative_strength": 28.737631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.731243,
        "energy": 83.925493,
        "activity_lines": [
          137.424444,
          130.605133,
          120.405859,
          112.640719
        ]
      },
      {
        "date": "2025-12-05",
        "close": 146.978104,
        "volume": 2039868,
        "typical_volume": 1936734.25,
        "trend": 105.328889,
        "fair_value": 95.019963,
        "relative_strength": 31.455535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.740178,
        "energy": 87.655854,
        "activity_lines": [
          141.495168,
          134.610821,
          123.76416,
          115.44556
        ]
      },
      {
        "date": "2025-12-12",
        "close": 146.851184,
        "volume": 2004733,
        "typical_volume": 1955926.95,
        "trend": 106.926021,
        "fair_value": 95.499989,
        "relative_strength": 31.154208,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.875888,
        "energy": 75.58242,
        "activity_lines": [
          144.097439,
          137.941686,
          126.82986,
          118.124417
        ]
      },
      {
        "date": "2025-12-19",
        "close": 146.492183,
        "volume": 3816067,
        "typical_volume": 2079248.05,
        "trend": 109.160469,
        "fair_value": 95.984867,
        "relative_strength": 29.782714,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.410586,
        "energy": 68.10898,
        "activity_lines": [
          145.548591,
          140.614125,
          129.606804,
          120.677073
        ]
      },
      {
        "date": "2025-12-26",
        "close": 150.570829,
        "volume": 1020412,
        "typical_volume": 2000773.65,
        "trend": 111.418971,
        "fair_value": 96.490852,
        "relative_strength": 30.572165,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.042666,
        "energy": 69.284896,
        "activity_lines": [
          147.719427,
          143.343595,
          132.496402,
          123.348709
        ]
      },
      {
        "date": "2026-01-02",
        "close": 150.311551,
        "volume": 1099878,
        "typical_volume": 1965566.5,
        "trend": 113.560232,
        "fair_value": 96.984478,
        "relative_strength": 30.787786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.852542,
        "energy": 66.898748,
        "activity_lines": [
          148.933206,
          145.479709,
          135.096359,
          125.857908
        ]
      },
      {
        "date": "2026-01-09",
        "close": 157.850563,
        "volume": 1772955,
        "typical_volume": 1983954.35,
        "trend": 115.958076,
        "fair_value": 97.489055,
        "relative_strength": 34.069626,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.181667,
        "energy": 70.550571,
        "activity_lines": [
          152.13647,
          148.45193,
          138.163514,
          128.715349
        ]
      },
      {
        "date": "2026-01-16",
        "close": 167.68319,
        "volume": 1515739,
        "typical_volume": 1991785.6,
        "trend": 118.793566,
        "fair_value": 98.064312,
        "relative_strength": 41.662685,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.191819,
        "energy": 81.635978,
        "activity_lines": [
          157.892446,
          152.62527,
          141.897806,
          132.052453
        ]
      },
      {
        "date": "2026-01-23",
        "close": 172.928587,
        "volume": 1956096,
        "typical_volume": 2016484.75,
        "trend": 121.686066,
        "fair_value": 98.674125,
        "relative_strength": 45.187602,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.830269,
        "energy": 89.297598,
        "activity_lines": [
          164.008088,
          157.092251,
          145.818562,
          135.545035
        ]
      },
      {
        "date": "2026-01-30",
        "close": 179.689765,
        "volume": 2769670,
        "typical_volume": 2092071.8,
        "trend": 124.689411,
        "fair_value": 99.292701,
        "relative_strength": 48.637698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.668409,
        "energy": 93.289214,
        "activity_lines": [
          170.615028,
          162.133365,
          150.050837,
          139.287209
        ]
      },
      {
        "date": "2026-02-06",
        "close": 171.741891,
        "volume": 4601486,
        "typical_volume": 2197177.55,
        "trend": 127.513888,
        "fair_value": 99.831909,
        "relative_strength": 41.055393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.808347,
        "energy": 74.411342,
        "activity_lines": [
          172.631415,
          164.962533,
          153.177143,
          142.322853
        ]
      },
      {
        "date": "2026-02-13",
        "close": 178.702514,
        "volume": 2721661,
        "typical_volume": 2255605.05,
        "trend": 130.534968,
        "fair_value": 100.411507,
        "relative_strength": 47.088467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.159194,
        "energy": 69.150168,
        "activity_lines": [
          175.53932,
          168.524847,
          156.669925,
          145.625345
        ]
      },
      {
        "date": "2026-02-20",
        "close": 172.729143,
        "volume": 2120489,
        "typical_volume": 2275694.7,
        "trend": 133.179518,
        "fair_value": 100.972529,
        "relative_strength": 39.377836,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.371286,
        "energy": 64.616112,
        "activity_lines": [
          175.065971,
          170.424286,
          159.272051,
          148.34755
        ]
      },
      {
        "date": "2026-02-27",
        "close": 165.688742,
        "volume": 2394763,
        "typical_volume": 2325480.45,
        "trend": 135.749925,
        "fair_value": 101.461304,
        "relative_strength": 33.356646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.251763,
        "energy": 54.539629,
        "activity_lines": [
          171.909425,
          170.573145,
          160.925084,
          150.444919
        ]
      },
      {
        "date": "2026-03-06",
        "close": 154.709308,
        "volume": 2233863,
        "typical_volume": 2294169.25,
        "trend": 137.742508,
        "fair_value": 101.933556,
        "relative_strength": 26.310121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.889133,
        "energy": 36.004629,
        "activity_lines": [
          165.575724,
          168.376714,
          161.26176,
          151.668105
        ]
      },
      {
        "date": "2026-03-13",
        "close": 160.814811,
        "volume": 1857357,
        "typical_volume": 2319273.9,
        "trend": 139.848244,
        "fair_value": 102.469385,
        "relative_strength": 32.2788,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.990944,
        "energy": 23.23945,
        "activity_lines": [
          162.942554,
          167.215129,
          162.017149,
          153.156641
        ]
      },
      {
        "date": "2026-03-20",
        "close": 165.149819,
        "volume": 2370252,
        "typical_volume": 2336655.55,
        "trend": 141.976672,
        "fair_value": 103.020102,
        "relative_strength": 37.136084,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.917117,
        "energy": 23.914485,
        "activity_lines": [
          162.482859,
          166.65076,
          162.99536,
          154.789
        ]
      },
      {
        "date": "2026-03-27",
        "close": 171.172883,
        "volume": 1528131,
        "typical_volume": 2289237.05,
        "trend": 144.284683,
        "fair_value": 103.575898,
        "relative_strength": 43.86189,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.325811,
        "energy": 22.190929,
        "activity_lines": [
          164.934365,
          167.048779,
          164.358797,
          156.672627
        ]
      },
      {
        "date": "2026-04-03",
        "close": 177.146004,
        "volume": 1233146,
        "typical_volume": 2190782.2,
        "trend": 146.752079,
        "fair_value": 104.214607,
        "relative_strength": 42.345515,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.742721,
        "energy": 37.048411,
        "activity_lines": [
          169.480663,
          168.469372,
          166.10161,
          158.792712
        ]
      },
      {
        "date": "2026-04-10",
        "close": 190.790292,
        "volume": 1664442,
        "typical_volume": 2119499.6,
        "trend": 149.565301,
        "fair_value": 104.927505,
        "relative_strength": 46.111918,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 75.876131,
        "energy": 52.688063,
        "activity_lines": [
          177.811238,
          172.294063,
          168.952203,
          161.633887
        ]
      },
      {
        "date": "2026-04-17",
        "close": 198.771101,
        "volume": 1280777,
        "typical_volume": 2100089.25,
        "trend": 152.541355,
        "fair_value": 105.6867,
        "relative_strength": 43.881284,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.454295,
        "energy": 77.744332,
        "activity_lines": [
          186.396685,
          177.367983,
          172.309164,
          164.808455
        ]
      },
      {
        "date": "2026-04-24",
        "close": 209.059254,
        "volume": 1322291,
        "typical_volume": 2064210.4,
        "trend": 155.805597,
        "fair_value": 106.509726,
        "relative_strength": 48.531319,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.773374,
        "energy": 88.202186,
        "activity_lines": [
          195.881096,
          183.821036,
          176.377796,
          168.454771
        ]
      },
      {
        "date": "2026-05-01",
        "close": 212.1457,
        "volume": 1430630,
        "typical_volume": 2035505.25,
        "trend": 159.069527,
        "fair_value": 107.343687,
        "relative_strength": 47.394404,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.954908,
        "energy": 91.004731,
        "activity_lines": [
          203.467027,
          190.283321,
          180.44475,
          172.089616
        ]
      },
      {
        "date": "2026-05-08",
        "close": 229.555651,
        "volume": 1666512,
        "typical_volume": 1928027.5,
        "trend": 163.093301,
        "fair_value": 108.2938,
        "relative_strength": 53.661683,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.280612,
        "energy": 96.227553,
        "activity_lines": [
          214.124754,
          199.194386,
          185.858869,
          176.637108
        ]
      },
      {
        "date": "2026-05-15",
        "close": 236.707415,
        "volume": 2219400,
        "typical_volume": 1987976.9,
        "trend": 166.965914,
        "fair_value": 109.27642,
        "relative_strength": 55.869765,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.175013,
        "energy": 95.698425,
        "activity_lines": [
          223.672426,
          208.244556,
          191.558567,
          181.386406
        ]
      },
      {
        "date": "2026-05-22",
        "close": 231.972867,
        "volume": 3108918,
        "typical_volume": 2088428.9,
        "trend": 170.6681,
        "fair_value": 110.149914,
        "relative_strength": 49.022915,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.820945,
        "energy": 89.752857,
        "activity_lines": [
          228.580773,
          214.943024,
          196.397182,
          185.580403
        ]
      },
      {
        "date": "2026-05-29",
        "close": 227.707779,
        "volume": 2264015,
        "typical_volume": 2112981.9,
        "trend": 174.072163,
        "fair_value": 110.966277,
        "relative_strength": 42.10688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.774752,
        "energy": 81.377312,
        "activity_lines": [
          229.853974,
          219.572238,
          200.440735,
          189.260382
        ]
      },
      {
        "date": "2026-06-05",
        "close": 226.818803,
        "volume": 1997621,
        "typical_volume": 2137076.0,
        "trend": 177.253476,
        "fair_value": 111.771707,
        "relative_strength": 43.077962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.528616,
        "energy": 64.828681,
        "activity_lines": [
          229.587614,
          222.902404,
          204.06697,
          192.663391
        ]
      },
      {
        "date": "2026-06-12",
        "close": 224.002046,
        "volume": 2900823,
        "typical_volume": 2184312.35,
        "trend": 180.157071,
        "fair_value": 112.555885,
        "relative_strength": 38.56177,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.057733,
        "energy": 56.534777,
        "activity_lines": [
          227.404129,
          224.708687,
          207.143344,
          195.679428
        ]
      },
      {
        "date": "2026-06-19",
        "close": 227.95,
        "volume": 2259101,
        "typical_volume": 2158783.9,
        "trend": 183.171691,
        "fair_value": 113.377918,
        "relative_strength": 37.709329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.488337,
        "energy": 50.588885,
        "activity_lines": [
          226.906868,
          226.380852,
          210.352507,
          198.762843
        ]
      },
      {
        "date": "2026-06-26",
        "close": 221.9,
        "volume": 4961845,
        "typical_volume": 2176801.85,
        "trend": 185.819733,
        "fair_value": 114.122901,
        "relative_strength": 35.406765,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.273598,
        "energy": 40.249759,
        "activity_lines": [
          224.976768,
          226.277387,
          212.755669,
          201.261443
        ]
      },
      {
        "date": "2026-07-03",
        "close": 206.68,
        "volume": 2323518,
        "typical_volume": 2156894.7,
        "trend": 187.809796,
        "fair_value": 114.782869,
        "relative_strength": 22.060278,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.063127,
        "energy": 27.342937,
        "activity_lines": [
          218.64486,
          222.986123,
          213.470459,
          202.607267
        ]
      },
      {
        "date": "2026-07-10",
        "close": 205.68,
        "volume": 2351764,
        "typical_volume": 2168458.45,
        "trend": 189.770756,
        "fair_value": 115.410394,
        "relative_strength": 18.51631,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.265109,
        "energy": 21.186803,
        "activity_lines": [
          213.38147,
          219.5563,
          213.956784,
          203.760183
        ]
      },
      {
        "date": "2026-07-17",
        "close": 196.55,
        "volume": 1907188,
        "typical_volume": 2144079.7,
        "trend": 191.43935,
        "fair_value": 115.989444,
        "relative_strength": 13.864746,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.037038,
        "energy": 18.923427,
        "activity_lines": [
          206.484,
          214.584035,
          213.416677,
          204.197554
        ]
      },
      {
        "date": "2026-07-24",
        "close": 190.75,
        "volume": 2044461,
        "typical_volume": 2134609.6,
        "trend": 192.778656,
        "fair_value": 116.545673,
        "relative_strength": 10.153967,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.932204,
        "energy": 21.031662,
        "activity_lines": [
          199.483333,
          209.157328,
          212.177231,
          204.15308
        ]
      },
      {
        "date": "2026-07-31",
        "close": 186.05,
        "volume": 2391552,
        "typical_volume": 2161319.35,
        "trend": 193.969938,
        "fair_value": 117.085945,
        "relative_strength": 5.366905,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -26.973518,
        "energy": 32.143735,
        "activity_lines": [
          193.396,
          203.711664,
          210.318543,
          203.718973
        ]
      },
      {
        "date": "2026-08-07",
        "close": 191.72,
        "volume": 1937299,
        "typical_volume": 2139671.7,
        "trend": 195.098919,
        "fair_value": 117.723678,
        "relative_strength": 4.07104,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -19.829171,
        "energy": 32.260122,
        "activity_lines": [
          191.588667,
          200.131871,
          208.879688,
          203.573816
        ]
      }
    ],
    "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."
    }
  }
}