{
  "ticker": {
    "uuid": "0d071167-ac07-48d8-b6cb-87cd1ad1e01b",
    "symbol": "BBUS",
    "name": "JPMorgan ETFs (Ireland) ICAV - BetaBuilders US Equity UCITS ETF - USD (acc)",
    "exchange": "GER",
    "country": "DE",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^GDAXI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 95.414,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 84.506,
    "architecture_energy": 67.605,
    "architecture_maturity": 88.92,
    "architecture_confidence": 67.274,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 15.37,
        "rotation_up": 53.59,
        "upward_expansion": 83.0,
        "deceleration": 71.36,
        "rotation_down": 29.12,
        "downward_expansion": 12.0
      },
      "activity_lines": [
        62.518667,
        62.274,
        61.383381,
        59.99514
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 63.830002,
    "trend_reference": 58.365,
    "distance_from_trend": 0.093635,
    "trend_direction": "Improving",
    "fair_value": 49.736346,
    "distance_from_fair_value": 0.283367,
    "fair_value_direction": "Improving",
    "relative_strength": 4.174441,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.155503,
    "excess_performance": 0.090864,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.093635,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.039757,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.283367,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.035102,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.041744,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.052125,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.155503,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.578465,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 476,
      "relative_activity": 0.351304,
      "balance": 0.578465,
      "dry_up": 0.919407,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.0178,
      "annualized_volatility": 0.120996,
      "from_high_reference": -0.003279,
      "from_low_reference": 0.240381
    },
    "levels": {
      "trend_reference": 58.365,
      "fair_value_reference": 49.736346,
      "structural_low": 52.52,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 39,
        "median_return": 0.013459,
        "positive_rate": 0.641026,
        "directional_follow_through": 0.641026,
        "median_excess_return": 0.008505,
        "regime_survival": 0.820513,
        "best_return": 0.080233,
        "worst_return": -0.104581,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": 0.032019,
        "positive_rate": 0.785714,
        "directional_follow_through": 0.785714,
        "median_excess_return": 0.02538,
        "regime_survival": 0.5,
        "best_return": 0.125144,
        "worst_return": -0.181465,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.071671,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": 0.070373,
        "regime_survival": 0.375,
        "best_return": 0.202597,
        "worst_return": -0.087305,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.082822,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.066388,
        "regime_survival": 0.5,
        "best_return": 0.185277,
        "worst_return": 0.034421,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-10-13",
        "end": "2023-11-24",
        "tenure": "Developing",
        "return": 0.011671,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-01",
        "end": "2024-05-03",
        "tenure": "Established",
        "return": 0.133214,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-10",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.007318,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-08-02",
        "tenure": "Developing",
        "return": -0.002306,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-09",
        "end": "2024-09-27",
        "tenure": "Developing",
        "return": 0.058597,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-04",
        "end": "2025-02-28",
        "tenure": "Established",
        "return": 0.093262,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-07",
        "end": "2025-04-11",
        "tenure": "Developing",
        "return": -0.116118,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.135268,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.04207,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-25",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": 0.015352,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-05",
        "end": "2026-02-13",
        "tenure": "Established",
        "return": 0.047327,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-20",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.047344,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-03",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.072117,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.101657,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 36.895,
        "volume": 697,
        "typical_volume": 1412.6,
        "trend": 35.570833,
        "fair_value": 33.545673,
        "relative_strength": -0.522744,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.020665,
        "energy": 53.400148,
        "activity_lines": [
          37.435,
          37.404091,
          36.874929,
          36.260667
        ]
      },
      {
        "date": "2023-08-25",
        "close": 37.459999,
        "volume": 1097,
        "typical_volume": 1460.9,
        "trend": 35.680833,
        "fair_value": 33.616859,
        "relative_strength": 1.027475,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.234073,
        "energy": 40.443773,
        "activity_lines": [
          37.389333,
          37.428636,
          36.994905,
          36.382548
        ]
      },
      {
        "date": "2023-09-01",
        "close": 38.560001,
        "volume": 299,
        "typical_volume": 1307.75,
        "trend": 35.7915,
        "fair_value": 33.69891,
        "relative_strength": 2.917784,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.78744,
        "energy": 55.150917,
        "activity_lines": [
          37.724667,
          37.648091,
          37.203976,
          36.568301
        ]
      },
      {
        "date": "2023-09-08",
        "close": 38.509998,
        "volume": 520,
        "typical_volume": 1308.1,
        "trend": 35.913,
        "fair_value": 33.782404,
        "relative_strength": 3.743613,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.542244,
        "energy": 58.416619,
        "activity_lines": [
          38.024,
          37.824363,
          37.388333,
          36.743688
        ]
      },
      {
        "date": "2023-09-15",
        "close": 38.595001,
        "volume": 557,
        "typical_volume": 1227.6,
        "trend": 36.042,
        "fair_value": 33.866442,
        "relative_strength": 3.238113,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.25093,
        "energy": 68.092652,
        "activity_lines": [
          38.300667,
          37.995454,
          37.561071,
          36.91672
        ]
      },
      {
        "date": "2023-09-22",
        "close": 37.695,
        "volume": 904,
        "typical_volume": 1256.6,
        "trend": 36.155333,
        "fair_value": 33.948462,
        "relative_strength": 3.334609,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.768017,
        "energy": 56.991091,
        "activity_lines": [
          38.197667,
          37.974364,
          37.627881,
          37.023366
        ]
      },
      {
        "date": "2023-09-29",
        "close": 37.654999,
        "volume": 1558,
        "typical_volume": 1256.2,
        "trend": 36.254833,
        "fair_value": 34.02391,
        "relative_strength": 4.680115,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.523863,
        "energy": 47.057007,
        "activity_lines": [
          38.028,
          37.933363,
          37.674167,
          37.120118
        ]
      },
      {
        "date": "2023-10-06",
        "close": 37.34,
        "volume": 6646,
        "typical_volume": 1550.2,
        "trend": 36.3755,
        "fair_value": 34.095481,
        "relative_strength": 5.157924,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.237022,
        "energy": 27.214746,
        "activity_lines": [
          37.740333,
          37.835454,
          37.676262,
          37.190129
        ]
      },
      {
        "date": "2023-10-13",
        "close": 38.130001,
        "volume": 714,
        "typical_volume": 1577.0,
        "trend": 36.526166,
        "fair_value": 34.166506,
        "relative_strength": 7.868667,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.032781,
        "energy": 22.915259,
        "activity_lines": [
          37.797334,
          37.898091,
          37.744571,
          37.303323
        ]
      },
      {
        "date": "2023-10-20",
        "close": 36.904999,
        "volume": 38056,
        "typical_volume": 3474.95,
        "trend": 36.6405,
        "fair_value": 34.234006,
        "relative_strength": 7.315702,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.816265,
        "energy": 15.491884,
        "activity_lines": [
          37.471333,
          37.731,
          37.685619,
          37.327763
        ]
      },
      {
        "date": "2023-10-27",
        "close": 36.110001,
        "volume": 1761,
        "typical_volume": 3398.05,
        "trend": 36.698833,
        "fair_value": 34.303077,
        "relative_strength": 5.980732,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -15.052653,
        "energy": 23.908291,
        "activity_lines": [
          36.993,
          37.428364,
          37.549452,
          37.293538
        ]
      },
      {
        "date": "2023-11-03",
        "close": 37.549999,
        "volume": 1636,
        "typical_volume": 3349.6,
        "trend": 36.8115,
        "fair_value": 34.372276,
        "relative_strength": 6.623048,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.459473,
        "energy": 16.231325,
        "activity_lines": [
          37.100333,
          37.401818,
          37.553214,
          37.348452
        ]
      },
      {
        "date": "2023-11-10",
        "close": 37.869999,
        "volume": 837,
        "typical_volume": 3245.65,
        "trend": 36.928167,
        "fair_value": 34.440417,
        "relative_strength": 7.182103,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.210668,
        "energy": 17.717965,
        "activity_lines": [
          37.321333,
          37.431818,
          37.58569,
          37.416742
        ]
      },
      {
        "date": "2023-11-17",
        "close": 38.299999,
        "volume": 285,
        "typical_volume": 3198.75,
        "trend": 37.059167,
        "fair_value": 34.510256,
        "relative_strength": 3.739453,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.81194,
        "energy": 18.863163,
        "activity_lines": [
          37.650333,
          37.552545,
          37.653476,
          37.505247
        ]
      },
      {
        "date": "2023-11-24",
        "close": 38.575001,
        "volume": 189,
        "typical_volume": 3166.2,
        "trend": 37.2,
        "fair_value": 34.58,
        "relative_strength": 3.777954,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.283307,
        "energy": 38.899367,
        "activity_lines": [
          38.059666,
          37.727091,
          37.743047,
          37.603043
        ]
      },
      {
        "date": "2023-12-01",
        "close": 39.035,
        "volume": 517,
        "typical_volume": 3171.3,
        "trend": 37.361667,
        "fair_value": 34.65266,
        "relative_strength": 2.688222,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.971439,
        "energy": 69.435588,
        "activity_lines": [
          38.511,
          37.985636,
          37.869047,
          37.72143
        ]
      },
      {
        "date": "2023-12-08",
        "close": 39.59,
        "volume": 275,
        "typical_volume": 2919.85,
        "trend": 37.5255,
        "fair_value": 34.730545,
        "relative_strength": 1.917397,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.594804,
        "energy": 81.963262,
        "activity_lines": [
          38.952333,
          38.320727,
          38.038214,
          37.865193
        ]
      },
      {
        "date": "2023-12-15",
        "close": 40.205002,
        "volume": 893,
        "typical_volume": 2950.4,
        "trend": 37.684167,
        "fair_value": 34.810994,
        "relative_strength": 3.527688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.254546,
        "energy": 89.603734,
        "activity_lines": [
          39.462667,
          38.732455,
          38.256833,
          38.038065
        ]
      },
      {
        "date": "2023-12-22",
        "close": 40.145,
        "volume": 479,
        "typical_volume": 2920.2,
        "trend": 37.8255,
        "fair_value": 34.890192,
        "relative_strength": 3.609153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.715624,
        "energy": 90.679705,
        "activity_lines": [
          39.797334,
          39.081182,
          38.460524,
          38.196828
        ]
      },
      {
        "date": "2023-12-29",
        "close": 40.209999,
        "volume": 608,
        "typical_volume": 2926.4,
        "trend": 37.946167,
        "fair_value": 34.969712,
        "relative_strength": 3.443736,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.808866,
        "energy": 89.683394,
        "activity_lines": [
          40.030667,
          39.405091,
          38.658976,
          38.350667
        ]
      },
      {
        "date": "2024-01-05",
        "close": 39.869999,
        "volume": 652,
        "typical_volume": 2924.15,
        "trend": 38.052,
        "fair_value": 35.043109,
        "relative_strength": 3.42962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.281117,
        "energy": 84.334717,
        "activity_lines": [
          40.041666,
          39.607091,
          38.811667,
          38.474785
        ]
      },
      {
        "date": "2024-01-12",
        "close": 40.490002,
        "volume": 2333,
        "typical_volume": 2985.95,
        "trend": 38.162333,
        "fair_value": 35.11968,
        "relative_strength": 4.165911,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.333888,
        "energy": 82.068656,
        "activity_lines": [
          40.203667,
          39.853455,
          39.009238,
          38.632075
        ]
      },
      {
        "date": "2024-01-19",
        "close": 40.959999,
        "volume": 90,
        "typical_volume": 2975.5,
        "trend": 38.304833,
        "fair_value": 35.197372,
        "relative_strength": 6.085881,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.979955,
        "energy": 85.904814,
        "activity_lines": [
          40.462333,
          40.131818,
          39.237143,
          38.81257
        ]
      },
      {
        "date": "2024-01-26",
        "close": 41.91,
        "volume": 855,
        "typical_volume": 2992.25,
        "trend": 38.456,
        "fair_value": 35.285769,
        "relative_strength": 5.757994,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.343172,
        "energy": 93.919491,
        "activity_lines": [
          40.987333,
          40.526727,
          39.544095,
          39.045161
        ]
      },
      {
        "date": "2024-02-02",
        "close": 42.610001,
        "volume": 886,
        "typical_volume": 3008.7,
        "trend": 38.642167,
        "fair_value": 35.369071,
        "relative_strength": 7.584921,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.296219,
        "energy": 97.577462,
        "activity_lines": [
          41.628,
          40.983273,
          39.901524,
          39.313161
        ]
      },
      {
        "date": "2024-02-09",
        "close": 43.18,
        "volume": 927,
        "typical_volume": 3009.85,
        "trend": 38.848167,
        "fair_value": 35.455288,
        "relative_strength": 8.726466,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.038596,
        "energy": 97.408307,
        "activity_lines": [
          42.298667,
          41.470091,
          40.294119,
          39.605925
        ]
      },
      {
        "date": "2024-02-16",
        "close": 43.43,
        "volume": 743,
        "typical_volume": 2969.1,
        "trend": 39.04,
        "fair_value": 35.543109,
        "relative_strength": 7.87596,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.885073,
        "energy": 96.397438,
        "activity_lines": [
          42.832,
          41.927,
          40.684405,
          39.901527
        ]
      },
      {
        "date": "2024-02-23",
        "close": 43.75,
        "volume": 174,
        "typical_volume": 2645.5,
        "trend": 39.222667,
        "fair_value": 35.637404,
        "relative_strength": 6.563727,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.068212,
        "energy": 95.031442,
        "activity_lines": [
          43.276,
          42.372273,
          41.077667,
          40.205398
        ]
      },
      {
        "date": "2024-03-01",
        "close": 43.919998,
        "volume": 649,
        "typical_volume": 2642.25,
        "trend": 39.4285,
        "fair_value": 35.735224,
        "relative_strength": 4.858564,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.869756,
        "energy": 93.184551,
        "activity_lines": [
          43.590666,
          42.784,
          41.456595,
          40.508452
        ]
      },
      {
        "date": "2024-03-08",
        "close": 43.790001,
        "volume": 1226,
        "typical_volume": 800.75,
        "trend": 39.6415,
        "fair_value": 35.823622,
        "relative_strength": 3.851581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.260902,
        "energy": 81.850843,
        "activity_lines": [
          43.728,
          43.103454,
          41.795571,
          40.789839
        ]
      },
      {
        "date": "2024-03-15",
        "close": 43.654999,
        "volume": 2941,
        "typical_volume": 859.75,
        "trend": 39.866833,
        "fair_value": 35.910609,
        "relative_strength": 2.694574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.424937,
        "energy": 68.46495,
        "activity_lines": [
          43.741666,
          43.333272,
          42.088905,
          41.048774
        ]
      },
      {
        "date": "2024-03-22",
        "close": 45.009998,
        "volume": 425,
        "typical_volume": 799.2,
        "trend": 40.1185,
        "fair_value": 36.00391,
        "relative_strength": 4.118078,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.529889,
        "energy": 75.910154,
        "activity_lines": [
          44.175332,
          43.740636,
          42.475357,
          41.380591
        ]
      },
      {
        "date": "2024-03-29",
        "close": 45.23,
        "volume": 813,
        "typical_volume": 798.0,
        "trend": 40.340833,
        "fair_value": 36.094679,
        "relative_strength": 2.799799,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.001114,
        "energy": 74.652697,
        "activity_lines": [
          44.576999,
          44.105818,
          42.847238,
          41.710365
        ]
      },
      {
        "date": "2024-04-05",
        "close": 44.66,
        "volume": 2228,
        "typical_volume": 895.15,
        "trend": 40.545833,
        "fair_value": 36.178814,
        "relative_strength": 3.055182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.71281,
        "energy": 67.143426,
        "activity_lines": [
          44.69,
          44.289727,
          43.129785,
          41.989021
        ]
      },
      {
        "date": "2024-04-12",
        "close": 45.099998,
        "volume": 1561,
        "typical_volume": 963.75,
        "trend": 40.762666,
        "fair_value": 36.26359,
        "relative_strength": 5.201546,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.921859,
        "energy": 69.460603,
        "activity_lines": [
          44.900332,
          44.503636,
          43.423952,
          42.282838
        ]
      },
      {
        "date": "2024-04-19",
        "close": 43.575001,
        "volume": 1843,
        "typical_volume": 1030.05,
        "trend": 40.958666,
        "fair_value": 36.340064,
        "relative_strength": 2.508855,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.320524,
        "energy": 62.295618,
        "activity_lines": [
          44.515,
          44.395,
          43.541809,
          42.464279
        ]
      },
      {
        "date": "2024-04-26",
        "close": 44.43,
        "volume": 72,
        "typical_volume": 1019.9,
        "trend": 41.1845,
        "fair_value": 36.421218,
        "relative_strength": 1.845748,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.748084,
        "energy": 51.66027,
        "activity_lines": [
          44.42,
          44.434636,
          43.719476,
          42.688236
        ]
      },
      {
        "date": "2024-05-03",
        "close": 44.235001,
        "volume": 66,
        "typical_volume": 978.55,
        "trend": 41.414333,
        "fair_value": 36.501122,
        "relative_strength": 2.038944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.958007,
        "energy": 44.594202,
        "activity_lines": [
          44.298667,
          44.420636,
          43.855524,
          42.885043
        ]
      },
      {
        "date": "2024-05-10",
        "close": 45.095001,
        "volume": 1305,
        "typical_volume": 1019.85,
        "trend": 41.6465,
        "fair_value": 36.589712,
        "relative_strength": -0.428336,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.988603,
        "energy": 45.817613,
        "activity_lines": [
          44.530334,
          44.554182,
          44.054286,
          43.122505
        ]
      },
      {
        "date": "2024-05-17",
        "close": 45.424999,
        "volume": 0,
        "typical_volume": 989.45,
        "trend": 41.9305,
        "fair_value": 36.680609,
        "relative_strength": 0.466452,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 75.334395,
        "energy": 57.948901,
        "activity_lines": [
          44.843,
          44.726364,
          44.260905,
          43.366279
        ]
      },
      {
        "date": "2024-05-24",
        "close": 45.535,
        "volume": 255,
        "typical_volume": 969.6,
        "trend": 42.244667,
        "fair_value": 36.77016,
        "relative_strength": 0.617527,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.379559,
        "energy": 61.4819,
        "activity_lines": [
          45.170667,
          44.888818,
          44.453167,
          43.598828
        ]
      },
      {
        "date": "2024-05-31",
        "close": 44.669998,
        "volume": 315,
        "typical_volume": 868.7,
        "trend": 42.482,
        "fair_value": 36.853462,
        "relative_strength": -0.358101,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.908852,
        "energy": 53.822428,
        "activity_lines": [
          45.079333,
          44.859818,
          44.536071,
          43.755301
        ]
      },
      {
        "date": "2024-06-07",
        "close": 46.154999,
        "volume": 7891,
        "typical_volume": 1258.75,
        "trend": 42.758167,
        "fair_value": 36.943974,
        "relative_strength": 2.473556,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.666608,
        "energy": 60.664445,
        "activity_lines": [
          45.466999,
          45.107,
          44.7405,
          43.992269
        ]
      },
      {
        "date": "2024-06-14",
        "close": 47.174999,
        "volume": 1843,
        "typical_volume": 1308.15,
        "trend": 43.054,
        "fair_value": 37.039583,
        "relative_strength": 7.672146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.20206,
        "energy": 73.815986,
        "activity_lines": [
          46.066666,
          45.522818,
          45.017333,
          44.277225
        ]
      },
      {
        "date": "2024-06-21",
        "close": 47.645,
        "volume": 1016,
        "typical_volume": 1314.65,
        "trend": 43.356333,
        "fair_value": 37.134583,
        "relative_strength": 7.518292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.704067,
        "energy": 87.644487,
        "activity_lines": [
          46.684333,
          45.978363,
          45.313857,
          44.573419
        ]
      },
      {
        "date": "2024-06-28",
        "close": 47.830002,
        "volume": 1403,
        "typical_volume": 1338.45,
        "trend": 43.6495,
        "fair_value": 37.226282,
        "relative_strength": 7.249332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.595594,
        "energy": 92.35179,
        "activity_lines": [
          47.215667,
          46.421273,
          45.604024,
          44.862043
        ]
      },
      {
        "date": "2024-07-05",
        "close": 47.775002,
        "volume": 359,
        "typical_volume": 1319.25,
        "trend": 43.922333,
        "fair_value": 37.316506,
        "relative_strength": 5.557632,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.629658,
        "energy": 89.834608,
        "activity_lines": [
          47.575668,
          46.776818,
          45.86681,
          45.128204
        ]
      },
      {
        "date": "2024-07-12",
        "close": 48.18,
        "volume": 1709,
        "typical_volume": 1396.0,
        "trend": 44.188167,
        "fair_value": 37.409327,
        "relative_strength": 4.680019,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.17939,
        "energy": 91.031927,
        "activity_lines": [
          47.863668,
          47.145182,
          46.147476,
          45.402892
        ]
      },
      {
        "date": "2024-07-19",
        "close": 47.215,
        "volume": 322,
        "typical_volume": 1379.65,
        "trend": 44.423833,
        "fair_value": 37.491731,
        "relative_strength": 5.613563,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.479198,
        "energy": 75.782244,
        "activity_lines": [
          47.695001,
          47.266364,
          46.315143,
          45.598172
        ]
      },
      {
        "date": "2024-07-26",
        "close": 46.794998,
        "volume": 477,
        "typical_volume": 1342.2,
        "trend": 44.643333,
        "fair_value": 37.573814,
        "relative_strength": 3.103121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.634959,
        "energy": 57.69912,
        "activity_lines": [
          47.383666,
          47.272636,
          46.427119,
          45.75115
        ]
      },
      {
        "date": "2024-08-02",
        "close": 45.43,
        "volume": 12961,
        "typical_volume": 1843.2,
        "trend": 44.828667,
        "fair_value": 37.643558,
        "relative_strength": 4.214529,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.233254,
        "energy": 26.187241,
        "activity_lines": [
          46.674,
          47.005818,
          46.394786,
          45.801903
        ]
      },
      {
        "date": "2024-08-09",
        "close": 45.48,
        "volume": 638,
        "typical_volume": 1853.85,
        "trend": 44.995,
        "fair_value": 37.712756,
        "relative_strength": 3.801355,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.643501,
        "energy": 24.411119,
        "activity_lines": [
          46.141,
          46.75,
          46.358762,
          45.843925
        ]
      },
      {
        "date": "2024-08-16",
        "close": 47.049999,
        "volume": 21774,
        "typical_volume": 2901.9,
        "trend": 45.198,
        "fair_value": 37.79141,
        "relative_strength": 3.710478,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.361778,
        "energy": 26.513153,
        "activity_lines": [
          46.284333,
          46.764909,
          46.470024,
          45.976505
        ]
      },
      {
        "date": "2024-08-23",
        "close": 46.959999,
        "volume": 8093,
        "typical_volume": 3195.15,
        "trend": 45.366333,
        "fair_value": 37.867853,
        "relative_strength": 1.688255,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.876764,
        "energy": 22.908093,
        "activity_lines": [
          46.472999,
          46.747181,
          46.564047,
          46.090183
        ]
      },
      {
        "date": "2024-08-30",
        "close": 47.279999,
        "volume": 954,
        "typical_volume": 3164.8,
        "trend": 45.522,
        "fair_value": 37.946474,
        "relative_strength": 0.846508,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.801309,
        "energy": 24.620715,
        "activity_lines": [
          46.785333,
          46.791545,
          46.677595,
          46.213645
        ]
      },
      {
        "date": "2024-09-06",
        "close": 45.645,
        "volume": 2835,
        "typical_volume": 3214.4,
        "trend": 45.604166,
        "fair_value": 38.01625,
        "relative_strength": 0.540615,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.746309,
        "energy": 12.146692,
        "activity_lines": [
          46.520333,
          46.545272,
          46.625047,
          46.22158
        ]
      },
      {
        "date": "2024-09-13",
        "close": 47.439999,
        "volume": 1381,
        "typical_volume": 3279.85,
        "trend": 45.737833,
        "fair_value": 38.097917,
        "relative_strength": 2.18706,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.678115,
        "energy": 27.086896,
        "activity_lines": [
          46.839333,
          46.66509,
          46.733595,
          46.340021
        ]
      },
      {
        "date": "2024-09-20",
        "close": 47.720001,
        "volume": 10806,
        "typical_volume": 3816.85,
        "trend": 45.870166,
        "fair_value": 38.180833,
        "relative_strength": 2.576783,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.503692,
        "energy": 31.677327,
        "activity_lines": [
          47.121,
          46.841909,
          46.854476,
          46.467903
        ]
      },
      {
        "date": "2024-09-27",
        "close": 48.145,
        "volume": 1904,
        "typical_volume": 3846.8,
        "trend": 46.011,
        "fair_value": 38.270192,
        "relative_strength": -0.533975,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 65.340238,
        "energy": 48.31566,
        "activity_lines": [
          47.499667,
          47.104363,
          46.999238,
          46.614666
        ]
      },
      {
        "date": "2024-10-04",
        "close": 48.68,
        "volume": 435,
        "typical_volume": 3868.55,
        "trend": 46.174,
        "fair_value": 38.358814,
        "relative_strength": 2.351902,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.447338,
        "energy": 68.062796,
        "activity_lines": [
          47.977667,
          47.447182,
          47.180428,
          46.78686
        ]
      },
      {
        "date": "2024-10-11",
        "close": 49.665001,
        "volume": 300,
        "typical_volume": 3870.8,
        "trend": 46.374333,
        "fair_value": 38.450545,
        "relative_strength": 3.017789,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.425619,
        "energy": 77.880165,
        "activity_lines": [
          48.690667,
          47.934818,
          47.439928,
          47.012086
        ]
      },
      {
        "date": "2024-10-18",
        "close": 50.509998,
        "volume": 1274,
        "typical_volume": 3918.75,
        "trend": 46.557666,
        "fair_value": 38.545032,
        "relative_strength": 3.198952,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.322859,
        "energy": 86.528469,
        "activity_lines": [
          49.417333,
          48.499091,
          47.760238,
          47.278903
        ]
      },
      {
        "date": "2024-10-25",
        "close": 50.560001,
        "volume": 2888,
        "typical_volume": 3668.6,
        "trend": 46.735333,
        "fair_value": 38.635609,
        "relative_strength": 4.217612,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.067972,
        "energy": 88.957547,
        "activity_lines": [
          49.956,
          48.981,
          48.0575,
          47.537118
        ]
      },
      {
        "date": "2024-11-01",
        "close": 49.73,
        "volume": 544,
        "typical_volume": 3603.65,
        "trend": 46.904333,
        "fair_value": 38.715192,
        "relative_strength": 3.529058,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.252204,
        "energy": 85.12781,
        "activity_lines": [
          50.028667,
          49.248182,
          48.254738,
          47.730322
        ]
      },
      {
        "date": "2024-11-08",
        "close": 52.389999,
        "volume": 2541,
        "typical_volume": 3679.9,
        "trend": 47.147333,
        "fair_value": 38.810865,
        "relative_strength": 9.088502,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.52228,
        "energy": 94.428238,
        "activity_lines": [
          50.882333,
          49.948636,
          48.693143,
          48.084236
        ]
      },
      {
        "date": "2024-11-15",
        "close": 52.25,
        "volume": 3930,
        "typical_volume": 3806.25,
        "trend": 47.4365,
        "fair_value": 38.901442,
        "relative_strength": 8.561216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.165836,
        "energy": 91.863874,
        "activity_lines": [
          51.442,
          50.530727,
          49.095619,
          48.413441
        ]
      },
      {
        "date": "2024-11-22",
        "close": 53.799999,
        "volume": 3131,
        "typical_volume": 3944.85,
        "trend": 47.748833,
        "fair_value": 39.007981,
        "relative_strength": 10.813685,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.818021,
        "energy": 93.596013,
        "activity_lines": [
          52.346,
          51.274545,
          49.624666,
          48.823989
        ]
      },
      {
        "date": "2024-11-29",
        "close": 53.720001,
        "volume": 1842,
        "typical_volume": 3951.5,
        "trend": 48.065,
        "fair_value": 39.1175,
        "relative_strength": 8.639334,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.136076,
        "energy": 91.897799,
        "activity_lines": [
          53.004,
          51.888182,
          50.117405,
          49.209226
        ]
      },
      {
        "date": "2024-12-06",
        "close": 54.189999,
        "volume": 4426,
        "typical_volume": 4156.7,
        "trend": 48.368166,
        "fair_value": 39.222981,
        "relative_strength": 5.275943,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.947623,
        "energy": 92.157406,
        "activity_lines": [
          53.608,
          52.478182,
          50.628524,
          49.604387
        ]
      },
      {
        "date": "2024-12-13",
        "close": 54.23,
        "volume": 1367,
        "typical_volume": 4201.2,
        "trend": 48.661666,
        "fair_value": 39.329936,
        "relative_strength": 5.03767,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.547829,
        "energy": 91.007051,
        "activity_lines": [
          53.928,
          52.965545,
          51.110238,
          49.98257
        ]
      },
      {
        "date": "2024-12-20",
        "close": 53.740002,
        "volume": 2092,
        "typical_volume": 3657.75,
        "trend": 48.935167,
        "fair_value": 39.429712,
        "relative_strength": 6.574044,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.023271,
        "energy": 81.638416,
        "activity_lines": [
          53.962001,
          53.262909,
          51.509881,
          50.310204
        ]
      },
      {
        "date": "2024-12-27",
        "close": 53.73,
        "volume": 233,
        "typical_volume": 3637.5,
        "trend": 49.237167,
        "fair_value": 39.526667,
        "relative_strength": 5.792058,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.0604,
        "energy": 65.705504,
        "activity_lines": [
          53.893334,
          53.484364,
          51.869,
          50.619548
        ]
      },
      {
        "date": "2025-01-03",
        "close": 54.060001,
        "volume": 576,
        "typical_volume": 2577.6,
        "trend": 49.500667,
        "fair_value": 39.632788,
        "relative_strength": 6.607599,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.632007,
        "energy": 64.368651,
        "activity_lines": [
          53.939334,
          53.707273,
          52.220262,
          50.930699
        ]
      },
      {
        "date": "2025-01-10",
        "close": 53.41,
        "volume": 3848,
        "typical_volume": 2365.35,
        "trend": 49.7085,
        "fair_value": 39.738846,
        "relative_strength": 3.546713,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.908663,
        "energy": 55.634285,
        "activity_lines": [
          53.746001,
          53.748364,
          52.476238,
          51.182914
        ]
      },
      {
        "date": "2025-01-17",
        "close": 54.880001,
        "volume": 1953,
        "typical_volume": 2415.3,
        "trend": 49.949667,
        "fair_value": 39.860801,
        "relative_strength": 2.774538,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.578282,
        "energy": 63.427565,
        "activity_lines": [
          54.094667,
          53.989819,
          52.8415,
          51.516559
        ]
      },
      {
        "date": "2025-01-24",
        "close": 54.77,
        "volume": 3229,
        "typical_volume": 2435.0,
        "trend": 50.181,
        "fair_value": 39.984968,
        "relative_strength": 0.144939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.11805,
        "energy": 61.307526,
        "activity_lines": [
          54.363334,
          54.166,
          53.160095,
          51.827548
        ]
      },
      {
        "date": "2025-01-31",
        "close": 55.360001,
        "volume": 4222,
        "typical_volume": 2577.05,
        "trend": 50.433833,
        "fair_value": 40.112244,
        "relative_strength": -0.368099,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.491569,
        "energy": 62.815179,
        "activity_lines": [
          54.760001,
          54.403637,
          53.491429,
          52.161678
        ]
      },
      {
        "date": "2025-02-07",
        "close": 55.049999,
        "volume": 2915,
        "typical_volume": 2182.5,
        "trend": 50.662833,
        "fair_value": 40.235641,
        "relative_strength": -1.157828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.590305,
        "energy": 65.114144,
        "activity_lines": [
          54.944667,
          54.556546,
          53.755524,
          52.459495
        ]
      },
      {
        "date": "2025-02-14",
        "close": 54.84,
        "volume": 815,
        "typical_volume": 2128.05,
        "trend": 50.917,
        "fair_value": 40.363461,
        "relative_strength": -4.639295,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.17709,
        "energy": 61.158071,
        "activity_lines": [
          54.993333,
          54.647091,
          53.964714,
          52.728989
        ]
      },
      {
        "date": "2025-02-21",
        "close": 54.790001,
        "volume": 930,
        "typical_volume": 2152.8,
        "trend": 51.1835,
        "fair_value": 40.488974,
        "relative_strength": -3.722144,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.57969,
        "energy": 59.049729,
        "activity_lines": [
          54.93,
          54.716728,
          54.137262,
          52.97886
        ]
      },
      {
        "date": "2025-02-28",
        "close": 53.220001,
        "volume": 413,
        "typical_volume": 2158.45,
        "trend": 51.443167,
        "fair_value": 40.601667,
        "relative_strength": -7.494044,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.610084,
        "energy": 35.987514,
        "activity_lines": [
          54.349334,
          54.490728,
          54.131191,
          53.110248
        ]
      },
      {
        "date": "2025-03-07",
        "close": 49.259998,
        "volume": 1373,
        "typical_volume": 2163.4,
        "trend": 51.569167,
        "fair_value": 40.691859,
        "relative_strength": -15.878622,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -20.132388,
        "energy": 28.873387,
        "activity_lines": [
          52.552,
          53.554182,
          53.731048,
          52.969398
        ]
      },
      {
        "date": "2025-03-14",
        "close": 48.525002,
        "volume": 1436,
        "typical_volume": 2090.8,
        "trend": 51.618333,
        "fair_value": 40.769615,
        "relative_strength": -16.851193,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -49.34578,
        "energy": 53.620149,
        "activity_lines": [
          50.916334,
          52.565273,
          53.266857,
          52.773
        ]
      },
      {
        "date": "2025-03-21",
        "close": 49.060001,
        "volume": 1934,
        "typical_volume": 2160.3,
        "trend": 51.688333,
        "fair_value": 40.844712,
        "relative_strength": -15.374092,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.195387,
        "energy": 62.360396,
        "activity_lines": [
          49.894001,
          51.774273,
          52.86331,
          52.607947
        ]
      },
      {
        "date": "2025-03-28",
        "close": 48.564999,
        "volume": 762,
        "typical_volume": 2071.35,
        "trend": 51.731167,
        "fair_value": 40.916859,
        "relative_strength": -14.439292,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.96889,
        "energy": 77.039168,
        "activity_lines": [
          49.092,
          50.972364,
          52.41581,
          52.406441
        ]
      },
      {
        "date": "2025-04-04",
        "close": 44.25,
        "volume": 3036,
        "typical_volume": 2026.65,
        "trend": 51.684667,
        "fair_value": 40.959263,
        "relative_strength": -14.965562,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -67.423605,
        "energy": 87.871486,
        "activity_lines": [
          47.266667,
          49.500727,
          51.575572,
          51.923785
        ]
      },
      {
        "date": "2025-04-11",
        "close": 43.540001,
        "volume": 10340,
        "typical_volume": 2387.1,
        "trend": 51.554667,
        "fair_value": 40.999391,
        "relative_strength": -14.985609,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -90.211302,
        "energy": 95.067777,
        "activity_lines": [
          45.802667,
          48.091273,
          50.70581,
          51.398323
        ]
      },
      {
        "date": "2025-04-18",
        "close": 43.764999,
        "volume": 10711,
        "typical_volume": 2830.55,
        "trend": 51.422833,
        "fair_value": 41.04641,
        "relative_strength": -17.650545,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.73484,
        "energy": 91.06291,
        "activity_lines": [
          44.795,
          46.937636,
          49.906334,
          50.895764
        ]
      },
      {
        "date": "2025-04-25",
        "close": 45.389999,
        "volume": 1198,
        "typical_volume": 2669.15,
        "trend": 51.331,
        "fair_value": 41.10407,
        "relative_strength": -18.318906,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.890661,
        "energy": 78.988391,
        "activity_lines": [
          44.646333,
          46.284636,
          49.309024,
          50.506548
        ]
      },
      {
        "date": "2025-05-02",
        "close": 47.130001,
        "volume": 2646,
        "typical_volume": 2733.1,
        "trend": 51.279333,
        "fair_value": 41.180096,
        "relative_strength": -18.026617,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.254671,
        "energy": 63.162151,
        "activity_lines": [
          45.322333,
          46.119818,
          48.919333,
          50.235516
        ]
      },
      {
        "date": "2025-05-09",
        "close": 47.43,
        "volume": 697,
        "typical_volume": 2663.35,
        "trend": 51.204833,
        "fair_value": 41.260224,
        "relative_strength": -18.712617,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.188561,
        "energy": 47.214874,
        "activity_lines": [
          46.194,
          46.148818,
          48.592024,
          49.987172
        ]
      },
      {
        "date": "2025-05-16",
        "close": 50.189999,
        "volume": 575,
        "typical_volume": 2680.45,
        "trend": 51.194167,
        "fair_value": 41.368942,
        "relative_strength": -14.743523,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.796831,
        "energy": 25.353824,
        "activity_lines": [
          47.773666,
          46.784909,
          48.557619,
          49.921699
        ]
      },
      {
        "date": "2025-05-23",
        "close": 48.294998,
        "volume": 1369,
        "typical_volume": 2720.1,
        "trend": 51.118667,
        "fair_value": 41.455064,
        "relative_strength": -17.231985,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.739184,
        "energy": 28.036946,
        "activity_lines": [
          48.278332,
          47.059545,
          48.359595,
          49.734656
        ]
      },
      {
        "date": "2025-05-30",
        "close": 49.029999,
        "volume": 1587,
        "typical_volume": 2607.05,
        "trend": 51.095333,
        "fair_value": 41.546859,
        "relative_strength": -17.020326,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -26.563182,
        "energy": 26.397298,
        "activity_lines": [
          48.725999,
          47.471999,
          48.259024,
          49.599903
        ]
      },
      {
        "date": "2025-06-06",
        "close": 49.685001,
        "volume": 2543,
        "typical_volume": 2636.55,
        "trend": 51.005167,
        "fair_value": 41.650032,
        "relative_strength": -16.685674,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.019734,
        "energy": 24.502447,
        "activity_lines": [
          49.149333,
          48.004091,
          48.24169,
          49.508914
        ]
      },
      {
        "date": "2025-06-13",
        "close": 49.084999,
        "volume": 992,
        "typical_volume": 2524.7,
        "trend": 50.899667,
        "fair_value": 41.761122,
        "relative_strength": -14.575913,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.799734,
        "energy": 15.93243,
        "activity_lines": [
          49.202333,
          48.406727,
          48.191952,
          49.385032
        ]
      },
      {
        "date": "2025-06-20",
        "close": 49.119999,
        "volume": 5335,
        "typical_volume": 2580.35,
        "trend": 50.743667,
        "fair_value": 41.862212,
        "relative_strength": -13.554996,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -10.437791,
        "energy": 14.489937,
        "activity_lines": [
          49.156666,
          48.727818,
          48.172619,
          49.270215
        ]
      },
      {
        "date": "2025-06-27",
        "close": 49.84,
        "volume": 1530,
        "typical_volume": 2511.1,
        "trend": 50.614333,
        "fair_value": 41.970513,
        "relative_strength": -14.407943,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.074545,
        "energy": 12.637951,
        "activity_lines": [
          49.422333,
          49.078363,
          48.251571,
          49.211914
        ]
      },
      {
        "date": "2025-07-04",
        "close": 50.119999,
        "volume": 171,
        "typical_volume": 2478.9,
        "trend": 50.478667,
        "fair_value": 42.068333,
        "relative_strength": -12.705995,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.945973,
        "energy": 16.421632,
        "activity_lines": [
          49.678333,
          49.369363,
          48.382,
          49.180021
        ]
      },
      {
        "date": "2025-07-11",
        "close": 50.59,
        "volume": 239,
        "typical_volume": 2444.35,
        "trend": 50.357333,
        "fair_value": 42.170769,
        "relative_strength": -13.252398,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 11.478656,
        "energy": 38.743154,
        "activity_lines": [
          50.018333,
          49.659818,
          48.579666,
          49.187204
        ]
      },
      {
        "date": "2025-07-18",
        "close": 51.150002,
        "volume": 4412,
        "typical_volume": 2644.3,
        "trend": 50.271,
        "fair_value": 42.27282,
        "relative_strength": -12.069348,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 34.33144,
        "energy": 54.570041,
        "activity_lines": [
          50.484667,
          49.989182,
          48.850666,
          49.238344
        ]
      },
      {
        "date": "2025-07-25",
        "close": 51.459999,
        "volume": 99,
        "typical_volume": 2580.6,
        "trend": 50.195333,
        "fair_value": 42.369551,
        "relative_strength": -10.976109,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.026174,
        "energy": 62.898847,
        "activity_lines": [
          50.916667,
          50.307273,
          49.161047,
          49.315054
        ]
      },
      {
        "date": "2025-08-01",
        "close": 51.099998,
        "volume": 19,
        "typical_volume": 2509.75,
        "trend": 50.096667,
        "fair_value": 42.46109,
        "relative_strength": -8.32318,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.680687,
        "energy": 60.922853,
        "activity_lines": [
          51.072666,
          50.536818,
          49.426666,
          49.373419
        ]
      },
      {
        "date": "2025-08-08",
        "close": 51.709999,
        "volume": 1345,
        "typical_volume": 2480.3,
        "trend": 50.04,
        "fair_value": 42.551218,
        "relative_strength": -9.747191,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 45.541836,
        "energy": 63.631284,
        "activity_lines": [
          51.347999,
          50.826272,
          49.738119,
          49.477505
        ]
      },
      {
        "date": "2025-08-15",
        "close": 52.130001,
        "volume": 979,
        "typical_volume": 2491.15,
        "trend": 49.948333,
        "fair_value": 42.640481,
        "relative_strength": -9.433613,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 49.713054,
        "energy": 71.590756,
        "activity_lines": [
          51.657333,
          51.143363,
          50.076952,
          49.612344
        ]
      },
      {
        "date": "2025-08-22",
        "close": 52.299999,
        "volume": 6194,
        "typical_volume": 2649.05,
        "trend": 49.866,
        "fair_value": 42.735833,
        "relative_strength": -8.87537,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 49.069975,
        "energy": 74.365915,
        "activity_lines": [
          51.920666,
          51.446909,
          50.415,
          49.764064
        ]
      },
      {
        "date": "2025-08-29",
        "close": 52.25,
        "volume": 2545,
        "typical_volume": 2259.3,
        "trend": 49.762333,
        "fair_value": 42.837788,
        "relative_strength": -6.968132,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 71.977563,
        "energy": 85.980541,
        "activity_lines": [
          52.090666,
          51.682909,
          50.709952,
          49.917871
        ]
      },
      {
        "date": "2025-09-05",
        "close": 52.189999,
        "volume": 2631,
        "typical_volume": 1855.3,
        "trend": 49.667,
        "fair_value": 42.936635,
        "relative_strength": -5.655004,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.586716,
        "energy": 82.858931,
        "activity_lines": [
          52.188,
          51.85109,
          50.957714,
          50.074494
        ]
      },
      {
        "date": "2025-09-12",
        "close": 53.279999,
        "volume": 49,
        "typical_volume": 1797.85,
        "trend": 49.615,
        "fair_value": 43.053846,
        "relative_strength": -3.868099,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.009159,
        "energy": 87.344575,
        "activity_lines": [
          52.575999,
          52.174727,
          51.269166,
          50.307591
        ]
      },
      {
        "date": "2025-09-19",
        "close": 53.580002,
        "volume": 1663,
        "typical_volume": 1748.7,
        "trend": 49.574666,
        "fair_value": 43.17625,
        "relative_strength": -2.860875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.357328,
        "energy": 83.761069,
        "activity_lines": [
          52.959333,
          52.495454,
          51.571619,
          50.563398
        ]
      },
      {
        "date": "2025-09-26",
        "close": 53.68,
        "volume": 453,
        "typical_volume": 1736.5,
        "trend": 49.59,
        "fair_value": 43.302276,
        "relative_strength": -2.920875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.547294,
        "energy": 82.56781,
        "activity_lines": [
          53.279334,
          52.78,
          51.852881,
          50.828258
        ]
      },
      {
        "date": "2025-10-03",
        "close": 54.439999,
        "volume": 490,
        "typical_volume": 1732.25,
        "trend": 49.762666,
        "fair_value": 43.432468,
        "relative_strength": -3.880117,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.794621,
        "energy": 89.413566,
        "activity_lines": [
          53.760667,
          53.156727,
          52.176762,
          51.141161
        ]
      },
      {
        "date": "2025-10-10",
        "close": 54.060001,
        "volume": 837,
        "typical_volume": 1705.65,
        "trend": 49.947166,
        "fair_value": 43.562596,
        "relative_strength": -3.744603,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.934192,
        "energy": 76.189001,
        "activity_lines": [
          53.969334,
          53.410182,
          52.444214,
          51.418408
        ]
      },
      {
        "date": "2025-10-17",
        "close": 53.700001,
        "volume": 1455,
        "typical_volume": 1699.05,
        "trend": 50.101833,
        "fair_value": 43.687308,
        "relative_strength": -2.482801,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.459079,
        "energy": 64.618266,
        "activity_lines": [
          53.933334,
          53.544364,
          52.649929,
          51.660527
        ]
      },
      {
        "date": "2025-10-24",
        "close": 54.91,
        "volume": 2357,
        "typical_volume": 1689.75,
        "trend": 50.313333,
        "fair_value": 43.812885,
        "relative_strength": -1.695622,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.799322,
        "energy": 68.202416,
        "activity_lines": [
          54.272667,
          53.862364,
          52.948643,
          51.970731
        ]
      },
      {
        "date": "2025-10-31",
        "close": 56.23,
        "volume": 2717,
        "typical_volume": 1776.0,
        "trend": 50.712666,
        "fair_value": 43.954455,
        "relative_strength": 2.05148,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.988355,
        "energy": 73.772545,
        "activity_lines": [
          54.963334,
          54.369818,
          53.34819,
          52.352451
        ]
      },
      {
        "date": "2025-11-07",
        "close": 54.43,
        "volume": 5638,
        "typical_volume": 1791.15,
        "trend": 51.075666,
        "fair_value": 44.079872,
        "relative_strength": 0.763734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.569232,
        "energy": 61.396291,
        "activity_lines": [
          54.884,
          54.478546,
          53.542286,
          52.592279
        ]
      },
      {
        "date": "2025-11-14",
        "close": 55.130001,
        "volume": 4311,
        "typical_volume": 1930.2,
        "trend": 51.4545,
        "fair_value": 44.210352,
        "relative_strength": 1.097649,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.049959,
        "energy": 59.709354,
        "activity_lines": [
          55.038667,
          54.674909,
          53.777762,
          52.853849
        ]
      },
      {
        "date": "2025-11-21",
        "close": 54.259998,
        "volume": 1872,
        "typical_volume": 2015.25,
        "trend": 51.750166,
        "fair_value": 44.332468,
        "relative_strength": 3.261247,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.076781,
        "energy": 50.205753,
        "activity_lines": [
          54.832,
          54.659636,
          53.90519,
          53.034849
        ]
      },
      {
        "date": "2025-11-28",
        "close": 55.91,
        "volume": 4911,
        "typical_volume": 2248.85,
        "trend": 52.042833,
        "fair_value": 44.465897,
        "relative_strength": 3.418453,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.298069,
        "energy": 50.083145,
        "activity_lines": [
          55.138,
          54.926545,
          54.170048,
          53.303226
        ]
      },
      {
        "date": "2025-12-05",
        "close": 56.0,
        "volume": 1637,
        "typical_volume": 2110.1,
        "trend": 52.3285,
        "fair_value": 44.605417,
        "relative_strength": 3.04641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.050697,
        "energy": 52.417408,
        "activity_lines": [
          55.407333,
          55.167454,
          54.418143,
          53.558527
        ]
      },
      {
        "date": "2025-12-12",
        "close": 55.060001,
        "volume": 695,
        "typical_volume": 2139.9,
        "trend": 52.490833,
        "fair_value": 44.746795,
        "relative_strength": 0.980586,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.667059,
        "energy": 44.418028,
        "activity_lines": [
          55.378667,
          55.195273,
          54.553619,
          53.734753
        ]
      },
      {
        "date": "2025-12-19",
        "close": 55.290001,
        "volume": 461,
        "typical_volume": 2162.0,
        "trend": 52.724,
        "fair_value": 44.891058,
        "relative_strength": 1.345381,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.491935,
        "energy": 44.232392,
        "activity_lines": [
          55.384667,
          55.253637,
          54.693857,
          53.915344
        ]
      },
      {
        "date": "2025-12-26",
        "close": 55.509998,
        "volume": 4605,
        "typical_volume": 2325.0,
        "trend": 52.94,
        "fair_value": 45.038013,
        "relative_strength": 1.888589,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.770373,
        "energy": 40.660371,
        "activity_lines": [
          55.453333,
          55.329636,
          54.835095,
          54.095086
        ]
      },
      {
        "date": "2026-01-02",
        "close": 55.259998,
        "volume": 1878,
        "typical_volume": 2369.95,
        "trend": 53.125833,
        "fair_value": 45.179519,
        "relative_strength": 1.00857,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.656049,
        "energy": 33.71484,
        "activity_lines": [
          55.355332,
          55.327272,
          54.934428,
          54.244763
        ]
      },
      {
        "date": "2026-01-09",
        "close": 56.669998,
        "volume": 427,
        "typical_volume": 2081.6,
        "trend": 53.378666,
        "fair_value": 45.328365,
        "relative_strength": 0.971417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.635718,
        "energy": 45.101577,
        "activity_lines": [
          55.770665,
          55.574908,
          55.153142,
          54.473419
        ]
      },
      {
        "date": "2026-01-16",
        "close": 56.830002,
        "volume": 9422,
        "typical_volume": 2425.45,
        "trend": 53.635666,
        "fair_value": 45.480641,
        "relative_strength": 1.447168,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.117206,
        "energy": 55.142812,
        "activity_lines": [
          56.194666,
          55.843636,
          55.366286,
          54.696086
        ]
      },
      {
        "date": "2026-01-23",
        "close": 55.740002,
        "volume": 22993,
        "typical_volume": 3443.55,
        "trend": 53.832333,
        "fair_value": 45.618974,
        "relative_strength": 1.36846,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.534836,
        "energy": 42.711427,
        "activity_lines": [
          56.137334,
          55.870546,
          55.45381,
          54.831849
        ]
      },
      {
        "date": "2026-01-30",
        "close": 55.310001,
        "volume": 63,
        "typical_volume": 3444.25,
        "trend": 54.005333,
        "fair_value": 45.747628,
        "relative_strength": 2.331393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.528677,
        "energy": 38.953003,
        "activity_lines": [
          55.906668,
          55.808182,
          55.483476,
          54.927183
        ]
      },
      {
        "date": "2026-02-06",
        "close": 55.240002,
        "volume": 278,
        "typical_volume": 3375.0,
        "trend": 54.160333,
        "fair_value": 45.878237,
        "relative_strength": 1.706287,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.658563,
        "energy": 24.540034,
        "activity_lines": [
          55.666001,
          55.714001,
          55.49681,
          55.006839
        ]
      },
      {
        "date": "2026-02-13",
        "close": 54.66,
        "volume": 663,
        "typical_volume": 3385.5,
        "trend": 54.277333,
        "fair_value": 46.006026,
        "relative_strength": 0.069107,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 19.764839,
        "energy": 16.469259,
        "activity_lines": [
          55.233334,
          55.526546,
          55.447,
          55.039075
        ]
      },
      {
        "date": "2026-02-20",
        "close": 55.34,
        "volume": 5914,
        "typical_volume": 3656.7,
        "trend": 54.406667,
        "fair_value": 46.140929,
        "relative_strength": 0.162156,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.091709,
        "energy": 19.180543,
        "activity_lines": [
          55.161334,
          55.487091,
          55.457286,
          55.107635
        ]
      },
      {
        "date": "2026-02-27",
        "close": 54.98,
        "volume": 161,
        "typical_volume": 3622.9,
        "trend": 54.536,
        "fair_value": 46.271122,
        "relative_strength": -0.419806,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.031301,
        "energy": 14.258191,
        "activity_lines": [
          55.068667,
          55.377091,
          55.429,
          55.144624
        ]
      },
      {
        "date": "2026-03-06",
        "close": 55.790001,
        "volume": 2802,
        "typical_volume": 3690.25,
        "trend": 54.672,
        "fair_value": 46.412596,
        "relative_strength": 8.086675,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 22.532435,
        "energy": 13.480548,
        "activity_lines": [
          55.296667,
          55.420001,
          55.473477,
          55.225527
        ]
      },
      {
        "date": "2026-03-13",
        "close": 55.09,
        "volume": 5678,
        "typical_volume": 3856.3,
        "trend": 54.770667,
        "fair_value": 46.550288,
        "relative_strength": 7.160133,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.882001,
        "energy": 5.647753,
        "activity_lines": [
          55.259334,
          55.330546,
          55.441334,
          55.252495
        ]
      },
      {
        "date": "2026-03-20",
        "close": 53.669998,
        "volume": 601,
        "typical_volume": 3750.5,
        "trend": 54.816333,
        "fair_value": 46.679743,
        "relative_strength": 9.131668,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -32.174547,
        "energy": 25.939534,
        "activity_lines": [
          54.758666,
          54.986,
          55.273095,
          55.181484
        ]
      },
      {
        "date": "2026-03-27",
        "close": 52.720001,
        "volume": 3321,
        "typical_volume": 3634.65,
        "trend": 54.832,
        "fair_value": 46.797436,
        "relative_strength": 7.39207,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -49.76333,
        "energy": 54.096673,
        "activity_lines": [
          54.007333,
          54.523273,
          55.026572,
          55.046237
        ]
      },
      {
        "date": "2026-04-03",
        "close": 53.939999,
        "volume": 930,
        "typical_volume": 3465.6,
        "trend": 54.890333,
        "fair_value": 46.924167,
        "relative_strength": 5.593646,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.625947,
        "energy": 52.864907,
        "activity_lines": [
          53.837333,
          54.357091,
          54.904381,
          54.988688
        ]
      },
      {
        "date": "2026-04-10",
        "close": 55.150002,
        "volume": 435,
        "typical_volume": 3393.75,
        "trend": 54.952667,
        "fair_value": 47.057372,
        "relative_strength": 4.91385,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.620997,
        "energy": 43.810133,
        "activity_lines": [
          54.14,
          54.443637,
          54.903096,
          55.005441
        ]
      },
      {
        "date": "2026-04-17",
        "close": 57.279999,
        "volume": 1615,
        "typical_volume": 3228.95,
        "trend": 55.076,
        "fair_value": 47.204231,
        "relative_strength": 4.770648,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 23.118666,
        "energy": 10.72338,
        "activity_lines": [
          55.195333,
          54.920364,
          55.100429,
          55.155592
        ]
      },
      {
        "date": "2026-04-24",
        "close": 57.830002,
        "volume": 1552,
        "typical_volume": 3224.7,
        "trend": 55.214333,
        "fair_value": 47.354744,
        "relative_strength": 7.955766,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 74.435939,
        "energy": 49.904653,
        "activity_lines": [
          56.288001,
          55.46,
          55.343619,
          55.333269
        ]
      },
      {
        "date": "2026-05-01",
        "close": 57.939999,
        "volume": 302,
        "typical_volume": 3205.05,
        "trend": 55.331,
        "fair_value": 47.507019,
        "relative_strength": 7.114696,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.297703,
        "energy": 72.941795,
        "activity_lines": [
          57.14,
          55.962,
          55.588572,
          55.509118
        ]
      },
      {
        "date": "2026-05-08",
        "close": 59.5,
        "volume": 3273,
        "typical_volume": 3345.65,
        "trend": 55.512333,
        "fair_value": 47.666154,
        "relative_strength": 9.38692,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.662961,
        "energy": 90.862745,
        "activity_lines": [
          58.164,
          56.700364,
          55.968381,
          55.778086
        ]
      },
      {
        "date": "2026-05-15",
        "close": 60.59,
        "volume": 287,
        "typical_volume": 3129.75,
        "trend": 55.742,
        "fair_value": 47.82734,
        "relative_strength": 12.78987,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.211576,
        "energy": 95.770005,
        "activity_lines": [
          59.180667,
          57.554727,
          56.431953,
          56.105678
        ]
      },
      {
        "date": "2026-05-22",
        "close": 61.240002,
        "volume": 1233,
        "typical_volume": 3097.5,
        "trend": 55.953,
        "fair_value": 47.989744,
        "relative_strength": 9.312904,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.999648,
        "energy": 95.12337,
        "activity_lines": [
          60.051334,
          58.44,
          56.933238,
          56.460387
        ]
      },
      {
        "date": "2026-05-29",
        "close": 61.639999,
        "volume": 390,
        "typical_volume": 3095.65,
        "trend": 56.133333,
        "fair_value": 48.15032,
        "relative_strength": 8.696845,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.09032,
        "energy": 93.95633,
        "activity_lines": [
          60.791333,
          59.286182,
          57.444143,
          56.827291
        ]
      },
      {
        "date": "2026-06-05",
        "close": 61.630001,
        "volume": 2,
        "typical_volume": 2624.65,
        "trend": 56.373333,
        "fair_value": 48.31016,
        "relative_strength": 9.780606,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.696456,
        "energy": 91.381813,
        "activity_lines": [
          61.274,
          59.985637,
          57.930429,
          57.181914
        ]
      },
      {
        "date": "2026-06-12",
        "close": 60.98,
        "volume": 6981,
        "typical_volume": 1824.05,
        "trend": 56.568333,
        "fair_value": 48.462724,
        "relative_strength": 8.810317,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.245054,
        "energy": 87.000397,
        "activity_lines": [
          61.294,
          60.404909,
          58.331953,
          57.479119
        ]
      },
      {
        "date": "2026-06-19",
        "close": 62.110001,
        "volume": 442,
        "typical_volume": 1843.0,
        "trend": 56.83,
        "fair_value": 48.625705,
        "relative_strength": 8.919958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.560075,
        "energy": 88.22489,
        "activity_lines": [
          61.592001,
          60.901637,
          58.816143,
          57.836645
        ]
      },
      {
        "date": "2026-06-26",
        "close": 61.380001,
        "volume": 376,
        "typical_volume": 1847.9,
        "trend": 57.012334,
        "fair_value": 48.779583,
        "relative_strength": 8.633295,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.179009,
        "energy": 66.018883,
        "activity_lines": [
          61.545334,
          61.139091,
          59.198429,
          58.130194
        ]
      },
      {
        "date": "2026-07-03",
        "close": 62.27,
        "volume": 15,
        "typical_volume": 1815.5,
        "trend": 57.221334,
        "fair_value": 48.94141,
        "relative_strength": 5.19877,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.193831,
        "energy": 68.728737,
        "activity_lines": [
          61.786001,
          61.463819,
          59.636238,
          58.469398
        ]
      },
      {
        "date": "2026-07-10",
        "close": 62.77,
        "volume": 962,
        "typical_volume": 1567.9,
        "trend": 57.478334,
        "fair_value": 49.106603,
        "relative_strength": 8.675658,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.757193,
        "energy": 72.662268,
        "activity_lines": [
          62.151334,
          61.798728,
          60.085429,
          58.827377
        ]
      },
      {
        "date": "2026-07-17",
        "close": 62.009998,
        "volume": 826,
        "typical_volume": 1601.15,
        "trend": 57.702333,
        "fair_value": 49.262596,
        "relative_strength": 8.02777,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.72599,
        "energy": 66.479243,
        "activity_lines": [
          62.187333,
          61.907636,
          60.426857,
          59.119742
        ]
      },
      {
        "date": "2026-07-24",
        "close": 62.119999,
        "volume": 1938,
        "typical_volume": 1557.95,
        "trend": 57.922667,
        "fair_value": 49.415481,
        "relative_strength": 6.752882,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.513042,
        "energy": 64.70338,
        "activity_lines": [
          62.191333,
          61.990909,
          60.745286,
          59.404753
        ]
      },
      {
        "date": "2026-07-31",
        "close": 61.369999,
        "volume": 1743,
        "typical_volume": 1361.2,
        "trend": 58.126334,
        "fair_value": 49.566923,
        "relative_strength": 3.099761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.931702,
        "energy": 59.456092,
        "activity_lines": [
          61.944666,
          61.91,
          60.962143,
          59.627161
        ]
      },
      {
        "date": "2026-08-07",
        "close": 63.830002,
        "volume": 476,
        "typical_volume": 1354.95,
        "trend": 58.365,
        "fair_value": 49.736346,
        "relative_strength": 4.174441,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.505673,
        "energy": 67.60476,
        "activity_lines": [
          62.518667,
          62.274,
          61.383381,
          59.99514
        ]
      }
    ],
    "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."
    }
  }
}