{
  "ticker": {
    "uuid": "10590712-d0b9-476b-8a12-e1ea3b91ad74",
    "symbol": "WSU",
    "name": "WashTec AG",
    "exchange": "GER",
    "country": "DE",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^GDAXI",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4b",
    "phase_label": "Stage 4B \u00b7 Declining",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Established contraction",
    "architecture_gate": "down",
    "architecture_direction": -43.555,
    "architecture_energy": 32.841,
    "architecture_maturity": 70.091,
    "architecture_confidence": 82.581,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 29.22,
        "rotation_up": 26.41,
        "upward_expansion": 16.2,
        "deceleration": 46.54,
        "rotation_down": 35.86,
        "downward_expansion": 63.86
      },
      "activity_lines": [
        38.286667,
        38.230909,
        38.803387,
        40.035541
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.333333
    },
    "latest_close": 38.299999,
    "trend_reference": 41.825884,
    "distance_from_trend": -0.084299,
    "trend_direction": "Weakening",
    "fair_value": 35.57981,
    "distance_from_fair_value": 0.076453,
    "fair_value_direction": "Weakening",
    "relative_strength": -13.205773,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.175251,
    "excess_performance": -0.239891,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.084299,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.037518,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.076453,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.049517,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.132058,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.089504,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.175251,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.004532,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 25566,
      "relative_activity": 0.982459,
      "balance": 1.004532,
      "dry_up": 0.690673,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.045106,
      "annualized_volatility": 0.169034,
      "from_high_reference": -0.210415,
      "from_low_reference": 0.134891
    },
    "levels": {
      "trend_reference": 41.825884,
      "fair_value_reference": 35.57981,
      "structural_low": 36.799999,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 22,
        "median_return": -0.014904,
        "positive_rate": 0.409091,
        "directional_follow_through": 0.590909,
        "median_excess_return": -0.02347,
        "regime_survival": 0.818182,
        "best_return": 0.155172,
        "worst_return": -0.14875,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 8,
        "median_return": 0.025372,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.002945,
        "regime_survival": 0.5,
        "best_return": 0.21875,
        "worst_return": -0.199769,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": -0.001931,
        "positive_rate": 0.4,
        "directional_follow_through": 0.6,
        "median_excess_return": -0.063846,
        "regime_survival": 0.2,
        "best_return": 0.171875,
        "worst_return": -0.142032,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": -0.024699,
        "positive_rate": 0.333333,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.177975,
        "regime_survival": 0.666667,
        "best_return": 0.30721,
        "worst_return": -0.293192,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-20",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": -0.01519,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-14",
        "end": "2025-03-14",
        "tenure": "Developing",
        "return": 0.082902,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-21",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.027431,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-11",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": 0.126289,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-16",
        "end": "2025-08-08",
        "tenure": "Established",
        "return": -0.017456,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-15",
        "end": "2025-08-22",
        "tenure": "New",
        "return": -0.028947,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-08-29",
        "end": "2025-09-19",
        "tenure": "New",
        "return": 0.071625,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-09-26",
        "end": "2025-10-17",
        "tenure": "New",
        "return": -0.023437,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-24",
        "end": "2025-10-31",
        "tenure": "New",
        "return": 0.007317,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-11-07",
        "end": "2025-11-21",
        "tenure": "New",
        "return": 0.062651,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-28",
        "end": "2026-03-20",
        "tenure": "Established",
        "return": -0.00655,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": -0.013333,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-05-01",
        "end": "2026-05-22",
        "tenure": "New",
        "return": -0.026499,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-29",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.025445,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 28.058176,
        "volume": 14824,
        "typical_volume": 17116.75,
        "trend": 30.439801,
        "fair_value": 33.81854,
        "relative_strength": -10.619356,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -72.671059,
        "energy": 56.504487,
        "activity_lines": [
          28.795738,
          29.202378,
          29.999903,
          30.380268
        ]
      },
      {
        "date": "2023-08-25",
        "close": 29.151901,
        "volume": 13192,
        "typical_volume": 17297.65,
        "trend": 30.449265,
        "fair_value": 33.838614,
        "relative_strength": -6.955997,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.947705,
        "energy": 41.701121,
        "activity_lines": [
          28.863045,
          29.100655,
          29.855342,
          30.297178
        ]
      },
      {
        "date": "2023-09-01",
        "close": 28.22644,
        "volume": 10432,
        "typical_volume": 16733.25,
        "trend": 30.478177,
        "fair_value": 33.847089,
        "relative_strength": -10.535848,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.705798,
        "energy": 44.816202,
        "activity_lines": [
          28.61906,
          28.888029,
          29.641712,
          30.153769
        ]
      },
      {
        "date": "2023-09-08",
        "close": 28.436771,
        "volume": 3650,
        "typical_volume": 15479.5,
        "trend": 30.510129,
        "fair_value": 33.852607,
        "relative_strength": -8.749682,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.795718,
        "energy": 43.371481,
        "activity_lines": [
          28.523709,
          28.75877,
          29.468753,
          30.022066
        ]
      },
      {
        "date": "2023-09-15",
        "close": 28.142309,
        "volume": 3640,
        "typical_volume": 13734.35,
        "trend": 30.476675,
        "fair_value": 33.866209,
        "relative_strength": -10.072926,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.42674,
        "energy": 42.396898,
        "activity_lines": [
          28.366662,
          28.606567,
          29.28512,
          29.869303
        ]
      },
      {
        "date": "2023-09-22",
        "close": 28.058176,
        "volume": 26011,
        "typical_volume": 14289.95,
        "trend": 30.435121,
        "fair_value": 33.878139,
        "relative_strength": -7.991338,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.11907,
        "energy": 48.814654,
        "activity_lines": [
          28.251681,
          28.468896,
          29.109599,
          29.713271
        ]
      },
      {
        "date": "2023-09-29",
        "close": 28.184376,
        "volume": 6891,
        "typical_volume": 13226.6,
        "trend": 30.318357,
        "fair_value": 33.891104,
        "relative_strength": -6.283388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.225006,
        "energy": 40.704746,
        "activity_lines": [
          28.178766,
          28.37941,
          28.959596,
          29.568062
        ]
      },
      {
        "date": "2023-10-06",
        "close": 27.469252,
        "volume": 9108,
        "typical_volume": 12607.6,
        "trend": 30.201581,
        "fair_value": 33.893819,
        "relative_strength": -7.356509,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.922424,
        "energy": 45.194638,
        "activity_lines": [
          27.931979,
          28.176727,
          28.756276,
          29.384248
        ]
      },
      {
        "date": "2023-10-13",
        "close": 27.343052,
        "volume": 12883,
        "typical_volume": 12404.3,
        "trend": 30.099129,
        "fair_value": 33.898672,
        "relative_strength": -7.142489,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.447848,
        "energy": 45.595174,
        "activity_lines": [
          27.693604,
          27.986282,
          28.559767,
          29.199827
        ]
      },
      {
        "date": "2023-10-20",
        "close": 27.216852,
        "volume": 4736,
        "typical_volume": 11831.45,
        "trend": 29.934231,
        "fair_value": 33.900223,
        "relative_strength": -4.81273,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.601848,
        "energy": 47.213907,
        "activity_lines": [
          27.486077,
          27.80272,
          28.370268,
          29.013874
        ]
      },
      {
        "date": "2023-10-27",
        "close": 25.029409,
        "volume": 13790,
        "typical_volume": 12069.15,
        "trend": 29.688477,
        "fair_value": 33.888431,
        "relative_strength": -11.325712,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -83.998888,
        "energy": 73.035245,
        "activity_lines": [
          26.611099,
          27.257389,
          27.98987,
          28.697434
        ]
      },
      {
        "date": "2023-11-03",
        "close": 26.92239,
        "volume": 22503,
        "typical_volume": 12699.65,
        "trend": 29.480673,
        "fair_value": 33.889454,
        "relative_strength": -7.433909,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.773088,
        "energy": 58.112824,
        "activity_lines": [
          26.569033,
          27.111305,
          27.8188,
          28.518977
        ]
      },
      {
        "date": "2023-11-10",
        "close": 27.427183,
        "volume": 5334,
        "typical_volume": 12347.2,
        "trend": 29.30955,
        "fair_value": 33.862891,
        "relative_strength": -5.832369,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.626605,
        "energy": 44.37158,
        "activity_lines": [
          26.779364,
          27.097538,
          27.721447,
          28.386493
        ]
      },
      {
        "date": "2023-11-17",
        "close": 28.436771,
        "volume": 14046,
        "typical_volume": 11864.85,
        "trend": 29.187963,
        "fair_value": 33.850053,
        "relative_strength": -6.390284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -40.689307,
        "energy": 30.613469,
        "activity_lines": [
          27.329028,
          27.281864,
          27.735869,
          28.330185
        ]
      },
      {
        "date": "2023-11-24",
        "close": 29.0257,
        "volume": 5207,
        "typical_volume": 11469.65,
        "trend": 29.104538,
        "fair_value": 33.845522,
        "relative_strength": -4.963103,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.98211,
        "energy": 16.437972,
        "activity_lines": [
          28.002088,
          27.573268,
          27.814393,
          28.319716
        ]
      },
      {
        "date": "2023-12-01",
        "close": 28.100245,
        "volume": 8080,
        "typical_volume": 11310.65,
        "trend": 29.011442,
        "fair_value": 33.837324,
        "relative_strength": -9.7222,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -21.755734,
        "energy": 21.163009,
        "activity_lines": [
          28.246073,
          27.680346,
          27.808384,
          28.254923
        ]
      },
      {
        "date": "2023-12-08",
        "close": 26.669992,
        "volume": 15814,
        "typical_volume": 11758.75,
        "trend": 28.857435,
        "fair_value": 33.81656,
        "relative_strength": -15.781953,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.388821,
        "energy": 22.296799,
        "activity_lines": [
          27.808584,
          27.526613,
          27.67257,
          28.103862
        ]
      },
      {
        "date": "2023-12-15",
        "close": 28.016111,
        "volume": 12868,
        "typical_volume": 12015.8,
        "trend": 28.743857,
        "fair_value": 33.78924,
        "relative_strength": -11.211579,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.844089,
        "energy": 13.844222,
        "activity_lines": [
          27.836629,
          27.645163,
          27.676576,
          28.049583
        ]
      },
      {
        "date": "2023-12-22",
        "close": 26.838257,
        "volume": 20497,
        "typical_volume": 12089.1,
        "trend": 28.593821,
        "fair_value": 33.765021,
        "relative_strength": -14.392884,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.614573,
        "energy": 26.277839,
        "activity_lines": [
          27.432793,
          27.539615,
          27.575016,
          27.926641
        ]
      },
      {
        "date": "2023-12-29",
        "close": 26.92239,
        "volume": 12420,
        "typical_volume": 11796.3,
        "trend": 28.462013,
        "fair_value": 33.739755,
        "relative_strength": -14.039879,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -50.912709,
        "energy": 31.809803,
        "activity_lines": [
          27.163569,
          27.458542,
          27.491685,
          27.818807
        ]
      },
      {
        "date": "2024-01-05",
        "close": 26.79619,
        "volume": 4814,
        "typical_volume": 11295.8,
        "trend": 28.317586,
        "fair_value": 33.708015,
        "relative_strength": -13.338321,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.794726,
        "energy": 34.942031,
        "activity_lines": [
          26.9925,
          27.359878,
          27.407152,
          27.711334
        ]
      },
      {
        "date": "2024-01-12",
        "close": 27.595449,
        "volume": 6904,
        "typical_volume": 10981.4,
        "trend": 28.160538,
        "fair_value": 33.673012,
        "relative_strength": -11.064291,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -48.066954,
        "energy": 30.181293,
        "activity_lines": [
          27.174787,
          27.37441,
          27.404749,
          27.664745
        ]
      },
      {
        "date": "2024-01-19",
        "close": 27.300985,
        "volume": 23177,
        "typical_volume": 11618.65,
        "trend": 28.046959,
        "fair_value": 33.624111,
        "relative_strength": -10.956985,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.868192,
        "energy": 22.587722,
        "activity_lines": [
          27.197222,
          27.323166,
          27.381712,
          27.60929
        ]
      },
      {
        "date": "2024-01-26",
        "close": 27.343052,
        "volume": 21761,
        "typical_volume": 12524.2,
        "trend": 27.954414,
        "fair_value": 33.577293,
        "relative_strength": -12.689835,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.162814,
        "energy": 18.85876,
        "activity_lines": [
          27.281354,
          27.281864,
          27.367089,
          27.563876
        ]
      },
      {
        "date": "2024-02-02",
        "close": 26.92239,
        "volume": 5506,
        "typical_volume": 12617.5,
        "trend": 27.859064,
        "fair_value": 33.512367,
        "relative_strength": -13.65496,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.837637,
        "energy": 16.998902,
        "activity_lines": [
          27.191613,
          27.183965,
          27.317612,
          27.497294
        ]
      },
      {
        "date": "2024-02-09",
        "close": 26.838257,
        "volume": 20219,
        "typical_volume": 12327.9,
        "trend": 27.772127,
        "fair_value": 33.462993,
        "relative_strength": -13.778504,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.285759,
        "energy": 23.508224,
        "activity_lines": [
          27.073828,
          27.109011,
          27.26593,
          27.431436
        ]
      },
      {
        "date": "2024-02-16",
        "close": 28.983635,
        "volume": 45700,
        "typical_volume": 14268.35,
        "trend": 27.76792,
        "fair_value": 33.419439,
        "relative_strength": -7.742166,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.495439,
        "energy": 4.093922,
        "activity_lines": [
          27.668364,
          27.44707,
          27.42438,
          27.509598
        ]
      },
      {
        "date": "2024-02-23",
        "close": 30.624218,
        "volume": 63867,
        "typical_volume": 17006.3,
        "trend": 27.808584,
        "fair_value": 33.39456,
        "relative_strength": -4.039851,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 43.470403,
        "energy": 47.221093,
        "activity_lines": [
          28.717216,
          28.041351,
          27.735269,
          27.693875
        ]
      },
      {
        "date": "2024-03-01",
        "close": 30.876616,
        "volume": 17489,
        "typical_volume": 17236.6,
        "trend": 27.871684,
        "fair_value": 33.36586,
        "relative_strength": -4.678214,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 72.658764,
        "energy": 71.991825,
        "activity_lines": [
          29.628651,
          28.634103,
          28.055173,
          27.891812
        ]
      },
      {
        "date": "2024-03-08",
        "close": 31.002811,
        "volume": 24437,
        "typical_volume": 18221.65,
        "trend": 27.931979,
        "fair_value": 33.327091,
        "relative_strength": -4.446555,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.450822,
        "energy": 78.48494,
        "activity_lines": [
          30.34658,
          29.176374,
          28.370269,
          28.093821
        ]
      },
      {
        "date": "2024-03-15",
        "close": 32.30687,
        "volume": 9764,
        "typical_volume": 18020.35,
        "trend": 28.073602,
        "fair_value": 33.299401,
        "relative_strength": -0.834772,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.0716,
        "energy": 86.527979,
        "activity_lines": [
          31.227168,
          29.881558,
          28.791532,
          28.376072
        ]
      },
      {
        "date": "2024-03-22",
        "close": 33.148193,
        "volume": 31779,
        "typical_volume": 18484.15,
        "trend": 28.206811,
        "fair_value": 33.287982,
        "relative_strength": 0.593768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.566423,
        "energy": 88.342923,
        "activity_lines": [
          32.023622,
          30.639515,
          29.258267,
          28.703465
        ]
      },
      {
        "date": "2024-03-29",
        "close": 33.190258,
        "volume": 31351,
        "typical_volume": 19785.0,
        "trend": 28.372272,
        "fair_value": 33.282499,
        "relative_strength": -0.545102,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.83897,
        "energy": 84.208797,
        "activity_lines": [
          32.556461,
          31.304162,
          29.699362,
          29.024977
        ]
      },
      {
        "date": "2024-04-05",
        "close": 33.232323,
        "volume": 9464,
        "typical_volume": 19555.9,
        "trend": 28.532124,
        "fair_value": 33.270259,
        "relative_strength": 1.642215,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.667244,
        "energy": 80.092651,
        "activity_lines": [
          32.932252,
          31.869378,
          30.117019,
          29.338529
        ]
      },
      {
        "date": "2024-04-12",
        "close": 32.979927,
        "volume": 15333,
        "typical_volume": 20062.2,
        "trend": 28.693378,
        "fair_value": 33.253682,
        "relative_strength": 2.488546,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.661604,
        "energy": 60.362436,
        "activity_lines": [
          33.066864,
          32.281627,
          30.487803,
          29.625484
        ]
      },
      {
        "date": "2024-04-19",
        "close": 31.297279,
        "volume": 23056,
        "typical_volume": 20811.0,
        "trend": 28.801348,
        "fair_value": 33.216348,
        "relative_strength": -1.412233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.304548,
        "energy": 49.365088,
        "activity_lines": [
          32.508785,
          32.277804,
          30.679505,
          29.793478
        ]
      },
      {
        "date": "2024-04-26",
        "close": 32.979927,
        "volume": 14535,
        "typical_volume": 20747.05,
        "trend": 28.961199,
        "fair_value": 33.18436,
        "relative_strength": 1.644019,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.39794,
        "energy": 46.397651,
        "activity_lines": [
          32.578896,
          32.498842,
          31.016235,
          30.063063
        ]
      },
      {
        "date": "2024-05-03",
        "close": 33.064056,
        "volume": 12235,
        "typical_volume": 20715.4,
        "trend": 29.147693,
        "fair_value": 33.140221,
        "relative_strength": 2.915147,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.811288,
        "energy": 41.32402,
        "activity_lines": [
          32.688267,
          32.662518,
          31.33093,
          30.327764
        ]
      },
      {
        "date": "2024-05-10",
        "close": 36.008694,
        "volume": 27992,
        "typical_volume": 21090.15,
        "trend": 29.436548,
        "fair_value": 33.114504,
        "relative_strength": 7.531722,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.337114,
        "energy": 52.555529,
        "activity_lines": [
          33.787597,
          33.317221,
          31.902029,
          30.770409
        ]
      },
      {
        "date": "2024-05-17",
        "close": 35.172054,
        "volume": 19287,
        "typical_volume": 21433.5,
        "trend": 29.701721,
        "fair_value": 33.089453,
        "relative_strength": 5.474772,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.461943,
        "energy": 60.708008,
        "activity_lines": [
          34.422956,
          33.726497,
          32.34978,
          31.140442
        ]
      },
      {
        "date": "2024-05-24",
        "close": 35.882607,
        "volume": 14271,
        "typical_volume": 21906.35,
        "trend": 30.063494,
        "fair_value": 33.069901,
        "relative_strength": 7.717005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.370128,
        "energy": 75.976659,
        "activity_lines": [
          35.149025,
          34.189161,
          32.825918,
          31.539209
        ]
      },
      {
        "date": "2024-05-31",
        "close": 35.793785,
        "volume": 23492,
        "typical_volume": 22735.75,
        "trend": 30.359208,
        "fair_value": 33.050253,
        "relative_strength": 8.572235,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.105601,
        "energy": 79.456711,
        "activity_lines": [
          35.539797,
          34.570661,
          33.250328,
          31.908905
        ]
      },
      {
        "date": "2024-06-07",
        "close": 36.415512,
        "volume": 29809,
        "typical_volume": 23067.35,
        "trend": 30.658818,
        "fair_value": 33.034118,
        "relative_strength": 10.092301,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.095243,
        "energy": 77.131012,
        "activity_lines": [
          35.950222,
          35.017102,
          33.69491,
          32.299634
        ]
      },
      {
        "date": "2024-06-14",
        "close": 36.237877,
        "volume": 26188,
        "typical_volume": 23288.7,
        "trend": 30.918855,
        "fair_value": 33.022043,
        "relative_strength": 12.888138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.030912,
        "energy": 67.789792,
        "activity_lines": [
          36.078004,
          35.372603,
          34.079172,
          32.659573
        ]
      },
      {
        "date": "2024-06-21",
        "close": 35.083241,
        "volume": 45703,
        "typical_volume": 25298.55,
        "trend": 31.120773,
        "fair_value": 32.996895,
        "relative_strength": 8.329238,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.692642,
        "energy": 51.370042,
        "activity_lines": [
          35.805628,
          35.463525,
          34.311113,
          32.928243
        ]
      },
      {
        "date": "2024-06-28",
        "close": 34.905602,
        "volume": 31132,
        "typical_volume": 25844.2,
        "trend": 31.347619,
        "fair_value": 32.96919,
        "relative_strength": 7.298951,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.075062,
        "energy": 41.613026,
        "activity_lines": [
          35.479961,
          35.483907,
          34.487274,
          33.172426
        ]
      },
      {
        "date": "2024-07-05",
        "close": 34.639145,
        "volume": 24136,
        "typical_volume": 24766.0,
        "trend": 31.613257,
        "fair_value": 32.94923,
        "relative_strength": 5.135058,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.191386,
        "energy": 31.711777,
        "activity_lines": [
          35.130608,
          35.390236,
          34.599643,
          33.384782
        ]
      },
      {
        "date": "2024-07-12",
        "close": 32.862778,
        "volume": 28446,
        "typical_volume": 22994.95,
        "trend": 31.774813,
        "fair_value": 32.90654,
        "relative_strength": -1.627323,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.412538,
        "energy": 19.435984,
        "activity_lines": [
          34.266109,
          34.943421,
          34.515903,
          33.465397
        ]
      },
      {
        "date": "2024-07-19",
        "close": 32.596325,
        "volume": 6702,
        "typical_volume": 22455.6,
        "trend": 31.966748,
        "fair_value": 32.86025,
        "relative_strength": 0.675419,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.118013,
        "energy": 18.316621,
        "activity_lines": [
          33.549641,
          34.451821,
          34.396126,
          33.518398
        ]
      },
      {
        "date": "2024-07-26",
        "close": 32.862778,
        "volume": 13746,
        "typical_volume": 21921.05,
        "trend": 32.164761,
        "fair_value": 32.798653,
        "relative_strength": 0.145882,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.113801,
        "energy": 19.295969,
        "activity_lines": [
          33.164761,
          34.070709,
          34.293537,
          33.576206
        ]
      },
      {
        "date": "2024-08-02",
        "close": 31.530504,
        "volume": 8779,
        "typical_volume": 21871.8,
        "trend": 32.322572,
        "fair_value": 32.730406,
        "relative_strength": 0.234971,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -15.106042,
        "energy": 30.157306,
        "activity_lines": [
          32.483821,
          33.489352,
          34.055208,
          33.535286
        ]
      },
      {
        "date": "2024-08-09",
        "close": 32.41869,
        "volume": 13897,
        "typical_volume": 20977.7,
        "trend": 32.483346,
        "fair_value": 32.6584,
        "relative_strength": 2.716321,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -21.599009,
        "energy": 36.29331,
        "activity_lines": [
          32.323949,
          33.148613,
          33.905165,
          33.541487
        ]
      },
      {
        "date": "2024-08-16",
        "close": 31.086414,
        "volume": 17840,
        "typical_volume": 20302.15,
        "trend": 32.609527,
        "fair_value": 32.575489,
        "relative_strength": -4.619631,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.811825,
        "energy": 54.099138,
        "activity_lines": [
          31.868015,
          32.627008,
          33.631712,
          33.451363
        ]
      },
      {
        "date": "2024-08-23",
        "close": 30.642321,
        "volume": 11661,
        "typical_volume": 20412.0,
        "trend": 32.719503,
        "fair_value": 32.490678,
        "relative_strength": -7.32911,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.000735,
        "energy": 56.640937,
        "activity_lines": [
          31.382474,
          32.12155,
          33.325983,
          33.324446
        ]
      },
      {
        "date": "2024-08-30",
        "close": 32.507507,
        "volume": 7534,
        "typical_volume": 20022.05,
        "trend": 32.905673,
        "fair_value": 32.414041,
        "relative_strength": -3.046312,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.238976,
        "energy": 34.053407,
        "activity_lines": [
          31.64893,
          32.056955,
          33.210224,
          33.310769
        ]
      },
      {
        "date": "2024-09-06",
        "close": 32.507507,
        "volume": 15079,
        "typical_volume": 19623.2,
        "trend": 33.094648,
        "fair_value": 32.356784,
        "relative_strength": 0.191831,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -27.945631,
        "energy": 26.976282,
        "activity_lines": [
          31.93907,
          32.039192,
          33.096715,
          33.285081
        ]
      },
      {
        "date": "2024-09-13",
        "close": 32.685143,
        "volume": 4594,
        "typical_volume": 19126.15,
        "trend": 33.218032,
        "fair_value": 32.313427,
        "relative_strength": -1.377786,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -13.479266,
        "energy": 15.072795,
        "activity_lines": [
          32.223288,
          32.097327,
          32.99436,
          33.258661
        ]
      },
      {
        "date": "2024-09-20",
        "close": 33.040417,
        "volume": 27227,
        "typical_volume": 19875.75,
        "trend": 33.298572,
        "fair_value": 32.271875,
        "relative_strength": -0.373876,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -34.369163,
        "energy": 21.388645,
        "activity_lines": [
          32.608168,
          32.255586,
          32.927245,
          33.247202
        ]
      },
      {
        "date": "2024-09-27",
        "close": 33.306873,
        "volume": 5494,
        "typical_volume": 18750.85,
        "trend": 33.379581,
        "fair_value": 32.228723,
        "relative_strength": -3.329633,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -27.14563,
        "energy": 19.688863,
        "activity_lines": [
          32.951599,
          32.459061,
          32.885619,
          33.247738
        ]
      },
      {
        "date": "2024-10-04",
        "close": 34.46151,
        "volume": 6063,
        "typical_volume": 18089.65,
        "trend": 33.494871,
        "fair_value": 32.190136,
        "relative_strength": 1.868092,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 11.372517,
        "energy": 16.860747,
        "activity_lines": [
          33.502272,
          32.859551,
          32.966824,
          33.317539
        ]
      },
      {
        "date": "2024-10-11",
        "close": 35.527328,
        "volume": 9598,
        "typical_volume": 17856.0,
        "trend": 33.602219,
        "fair_value": 32.153182,
        "relative_strength": 3.610244,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 33.863947,
        "energy": 34.300532,
        "activity_lines": [
          34.277952,
          33.424758,
          33.15292,
          33.448666
        ]
      },
      {
        "date": "2024-10-18",
        "close": 34.106239,
        "volume": 25210,
        "typical_volume": 17941.9,
        "trend": 33.634154,
        "fair_value": 32.107118,
        "relative_strength": -1.857813,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 16.495343,
        "energy": 25.597204,
        "activity_lines": [
          34.378613,
          33.658916,
          33.205365,
          33.481183
        ]
      },
      {
        "date": "2024-10-25",
        "close": 34.727962,
        "volume": 5789,
        "typical_volume": 16740.9,
        "trend": 33.685411,
        "fair_value": 32.064094,
        "relative_strength": 0.838261,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 21.749151,
        "energy": 37.434816,
        "activity_lines": [
          34.591776,
          33.975431,
          33.325058,
          33.551751
        ]
      },
      {
        "date": "2024-11-01",
        "close": 34.639145,
        "volume": 12245,
        "typical_volume": 16043.75,
        "trend": 33.732305,
        "fair_value": 32.019556,
        "relative_strength": 1.640828,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 19.833282,
        "energy": 38.368511,
        "activity_lines": [
          34.66283,
          34.209588,
          33.444328,
          33.613283
        ]
      },
      {
        "date": "2024-11-08",
        "close": 34.639145,
        "volume": 10754,
        "typical_volume": 14296.3,
        "trend": 33.787612,
        "fair_value": 31.976908,
        "relative_strength": 1.847143,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 16.83524,
        "energy": 20.635127,
        "activity_lines": [
          34.645066,
          34.371076,
          33.571211,
          33.671788
        ]
      },
      {
        "date": "2024-11-15",
        "close": 35.260876,
        "volume": 9638,
        "typical_volume": 13221.6,
        "trend": 33.919732,
        "fair_value": 31.947699,
        "relative_strength": 3.645034,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.835163,
        "energy": 27.389114,
        "activity_lines": [
          34.822704,
          34.606849,
          33.759422,
          33.766838
        ]
      },
      {
        "date": "2024-11-22",
        "close": 34.017418,
        "volume": 17000,
        "typical_volume": 12864.8,
        "trend": 33.954315,
        "fair_value": 31.941007,
        "relative_strength": -0.534095,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 22.201829,
        "energy": 18.183481,
        "activity_lines": [
          34.603619,
          34.566477,
          33.827516,
          33.77314
        ]
      },
      {
        "date": "2024-11-29",
        "close": 34.195057,
        "volume": 16674,
        "typical_volume": 12276.2,
        "trend": 33.992015,
        "fair_value": 31.924581,
        "relative_strength": -1.593255,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 11.202689,
        "energy": 11.770636,
        "activity_lines": [
          34.449668,
          34.534179,
          33.915489,
          33.788672
        ]
      },
      {
        "date": "2024-12-06",
        "close": 35.616146,
        "volume": 11495,
        "typical_volume": 12515.85,
        "trend": 33.97893,
        "fair_value": 31.908049,
        "relative_strength": -1.482527,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 33.377457,
        "energy": 22.502133,
        "activity_lines": [
          34.804941,
          34.739269,
          34.132459,
          33.893454
        ]
      },
      {
        "date": "2024-12-13",
        "close": 35.527328,
        "volume": 7602,
        "typical_volume": 12208.65,
        "trend": 33.990773,
        "fair_value": 31.890474,
        "relative_strength": -1.903772,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 56.770687,
        "energy": 31.042374,
        "activity_lines": [
          35.065474,
          34.886222,
          34.32659,
          33.993351
        ]
      },
      {
        "date": "2024-12-20",
        "close": 35.083241,
        "volume": 27327,
        "typical_volume": 13136.05,
        "trend": 33.964127,
        "fair_value": 31.865798,
        "relative_strength": -0.76077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.612162,
        "energy": 34.164183,
        "activity_lines": [
          35.118766,
          34.933054,
          34.465739,
          34.063833
        ]
      },
      {
        "date": "2024-12-27",
        "close": 35.527328,
        "volume": 9057,
        "typical_volume": 12894.05,
        "trend": 33.955245,
        "fair_value": 31.833571,
        "relative_strength": -0.189498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.868556,
        "energy": 42.502501,
        "activity_lines": [
          35.331929,
          35.068704,
          34.630264,
          34.164685
        ]
      },
      {
        "date": "2025-01-03",
        "close": 36.50433,
        "volume": 4760,
        "typical_volume": 12240.05,
        "trend": 33.958206,
        "fair_value": 31.817059,
        "relative_strength": 2.715468,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.586083,
        "energy": 50.472417,
        "activity_lines": [
          35.770099,
          35.356152,
          34.873034,
          34.329142
        ]
      },
      {
        "date": "2025-01-10",
        "close": 35.172054,
        "volume": 8784,
        "typical_volume": 12096.2,
        "trend": 33.922678,
        "fair_value": 31.79957,
        "relative_strength": -2.636872,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.342085,
        "energy": 33.182678,
        "activity_lines": [
          35.610226,
          35.369071,
          34.963121,
          34.407454
        ]
      },
      {
        "date": "2025-01-17",
        "close": 35.083241,
        "volume": 11547,
        "typical_volume": 12296.85,
        "trend": 33.922678,
        "fair_value": 31.792147,
        "relative_strength": -6.11153,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.490297,
        "energy": 31.242683,
        "activity_lines": [
          35.450354,
          35.356152,
          35.02318,
          34.482329
        ]
      },
      {
        "date": "2025-01-24",
        "close": 35.527328,
        "volume": 6664,
        "typical_volume": 11876.1,
        "trend": 33.943403,
        "fair_value": 31.786625,
        "relative_strength": -7.155846,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.791627,
        "energy": 28.210187,
        "activity_lines": [
          35.468117,
          35.415903,
          35.113267,
          34.585855
        ]
      },
      {
        "date": "2025-01-31",
        "close": 35.438511,
        "volume": 10168,
        "typical_volume": 12154.8,
        "trend": 33.970048,
        "fair_value": 31.778171,
        "relative_strength": -8.863195,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.067168,
        "energy": 18.841452,
        "activity_lines": [
          35.426669,
          35.45466,
          35.180515,
          34.682314
        ]
      },
      {
        "date": "2025-02-07",
        "close": 34.550327,
        "volume": 19909,
        "typical_volume": 11788.9,
        "trend": 34.0263,
        "fair_value": 31.742517,
        "relative_strength": -11.371659,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 28.54452,
        "energy": 13.377295,
        "activity_lines": [
          35.09508,
          35.306091,
          35.150063,
          34.719751
        ]
      },
      {
        "date": "2025-02-14",
        "close": 34.283871,
        "volume": 12883,
        "typical_volume": 12158.35,
        "trend": 34.082551,
        "fair_value": 31.725479,
        "relative_strength": -14.736651,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 18.449977,
        "energy": 10.982431,
        "activity_lines": [
          34.80494,
          35.102616,
          35.087044,
          34.736369
        ]
      },
      {
        "date": "2025-02-21",
        "close": 34.195057,
        "volume": 4788,
        "typical_volume": 12094.6,
        "trend": 34.126961,
        "fair_value": 31.719925,
        "relative_strength": -13.888219,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.101917,
        "energy": 10.93374,
        "activity_lines": [
          34.544407,
          34.907216,
          35.010914,
          34.743627
        ]
      },
      {
        "date": "2025-02-28",
        "close": 35.793785,
        "volume": 4059,
        "typical_volume": 11817.65,
        "trend": 34.26907,
        "fair_value": 31.737145,
        "relative_strength": -10.768789,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.672165,
        "energy": 14.160304,
        "activity_lines": [
          34.875995,
          35.026717,
          35.088313,
          34.851164
        ]
      },
      {
        "date": "2025-03-07",
        "close": 36.859604,
        "volume": 14485,
        "typical_volume": 11281.4,
        "trend": 34.4171,
        "fair_value": 31.748908,
        "relative_strength": -9.803983,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 57.091205,
        "energy": 26.938337,
        "activity_lines": [
          35.545093,
          35.327085,
          35.26595,
          35.018295
        ]
      },
      {
        "date": "2025-03-14",
        "close": 37.126057,
        "volume": 17982,
        "typical_volume": 11891.05,
        "trend": 34.618422,
        "fair_value": 31.747726,
        "relative_strength": -8.880981,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 61.173986,
        "energy": 53.434333,
        "activity_lines": [
          36.208269,
          35.651675,
          35.455852,
          35.193067
        ]
      },
      {
        "date": "2025-03-21",
        "close": 35.616146,
        "volume": 13975,
        "typical_volume": 11977.55,
        "trend": 34.784216,
        "fair_value": 31.743482,
        "relative_strength": -11.970499,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.499542,
        "energy": 49.095333,
        "activity_lines": [
          36.196426,
          35.690432,
          35.490533,
          35.257436
        ]
      },
      {
        "date": "2025-03-28",
        "close": 35.349693,
        "volume": 17040,
        "typical_volume": 12291.85,
        "trend": 34.878956,
        "fair_value": 31.752656,
        "relative_strength": -10.741189,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.152795,
        "energy": 44.34643,
        "activity_lines": [
          36.006948,
          35.672668,
          35.495185,
          35.293918
        ]
      },
      {
        "date": "2025-04-04",
        "close": 34.639145,
        "volume": 17879,
        "typical_volume": 12703.9,
        "trend": 34.95001,
        "fair_value": 31.755384,
        "relative_strength": -4.668023,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 23.159294,
        "energy": 12.319677,
        "activity_lines": [
          35.503644,
          35.520869,
          35.428783,
          35.278447
        ]
      },
      {
        "date": "2025-04-11",
        "close": 34.46151,
        "volume": 13193,
        "typical_volume": 12513.55,
        "trend": 35.009222,
        "fair_value": 31.744685,
        "relative_strength": -3.755592,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.081737,
        "energy": 13.893745,
        "activity_lines": [
          35.018104,
          35.352922,
          35.348424,
          35.246931
        ]
      },
      {
        "date": "2025-04-18",
        "close": 35.616146,
        "volume": 19077,
        "typical_volume": 12633.7,
        "trend": 35.09508,
        "fair_value": 31.734297,
        "relative_strength": -4.343492,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 7.902504,
        "energy": 10.77049,
        "activity_lines": [
          35.077316,
          35.412672,
          35.375915,
          35.286087
        ]
      },
      {
        "date": "2025-04-25",
        "close": 36.326694,
        "volume": 8197,
        "typical_volume": 12468.8,
        "trend": 35.195741,
        "fair_value": 31.722319,
        "relative_strength": -6.795486,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.140244,
        "energy": 16.703884,
        "activity_lines": [
          35.474038,
          35.582235,
          35.46431,
          35.365546
        ]
      },
      {
        "date": "2025-05-02",
        "close": 37.65897,
        "volume": 13999,
        "typical_volume": 12788.65,
        "trend": 35.302323,
        "fair_value": 31.727861,
        "relative_strength": -6.699947,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 63.303776,
        "energy": 43.971644,
        "activity_lines": [
          36.267482,
          35.956887,
          35.676205,
          35.524464
        ]
      },
      {
        "date": "2025-05-09",
        "close": 38.813606,
        "volume": 20989,
        "typical_volume": 12471.75,
        "trend": 35.411865,
        "fair_value": 31.741515,
        "relative_strength": -5.250331,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 73.730987,
        "energy": 67.991326,
        "activity_lines": [
          37.291853,
          36.478492,
          35.987915,
          35.750998
        ]
      },
      {
        "date": "2025-05-16",
        "close": 37.695923,
        "volume": 31196,
        "typical_volume": 13578.7,
        "trend": 35.531521,
        "fair_value": 31.738287,
        "relative_strength": -8.720372,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.521988,
        "energy": 65.252115,
        "activity_lines": [
          37.665366,
          36.741977,
          36.175416,
          35.898357
        ]
      },
      {
        "date": "2025-05-23",
        "close": 36.755875,
        "volume": 9192,
        "typical_volume": 13800.3,
        "trend": 35.599119,
        "fair_value": 31.721397,
        "relative_strength": -10.115299,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.493929,
        "energy": 60.67351,
        "activity_lines": [
          37.509901,
          36.819338,
          36.263061,
          35.977348
        ]
      },
      {
        "date": "2025-05-30",
        "close": 37.97794,
        "volume": 12385,
        "typical_volume": 13980.35,
        "trend": 35.710412,
        "fair_value": 31.714886,
        "relative_strength": -8.191055,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.135643,
        "energy": 53.97285,
        "activity_lines": [
          37.68581,
          37.125623,
          36.465895,
          36.13082
        ]
      },
      {
        "date": "2025-06-06",
        "close": 38.165947,
        "volume": 6010,
        "typical_volume": 13703.5,
        "trend": 35.827972,
        "fair_value": 31.717726,
        "relative_strength": -8.501759,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.571235,
        "energy": 37.863993,
        "activity_lines": [
          37.814305,
          37.42315,
          36.673274,
          36.289241
        ]
      },
      {
        "date": "2025-06-13",
        "close": 37.789928,
        "volume": 12277,
        "typical_volume": 13984.15,
        "trend": 35.912274,
        "fair_value": 31.740555,
        "relative_strength": -5.938612,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.040347,
        "energy": 31.658734,
        "activity_lines": [
          37.783661,
          37.601105,
          36.830162,
          36.415819
        ]
      },
      {
        "date": "2025-06-20",
        "close": 38.635971,
        "volume": 6839,
        "typical_volume": 13817.7,
        "trend": 36.066225,
        "fair_value": 31.760916,
        "relative_strength": -2.847592,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.498132,
        "energy": 37.469887,
        "activity_lines": [
          38.103278,
          37.875599,
          37.056851,
          36.591542
        ]
      },
      {
        "date": "2025-06-27",
        "close": 37.507915,
        "volume": 3820,
        "typical_volume": 13013.25,
        "trend": 36.176654,
        "fair_value": 31.777356,
        "relative_strength": -7.995987,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.353527,
        "energy": 31.083572,
        "activity_lines": [
          37.984205,
          37.869093,
          37.16088,
          36.684554
        ]
      },
      {
        "date": "2025-07-04",
        "close": 37.883934,
        "volume": 4384,
        "typical_volume": 12588.3,
        "trend": 36.252247,
        "fair_value": 31.793914,
        "relative_strength": -5.812119,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 50.870642,
        "energy": 28.334797,
        "activity_lines": [
          37.940336,
          37.896558,
          37.286637,
          36.794701
        ]
      },
      {
        "date": "2025-07-11",
        "close": 37.225899,
        "volume": 20543,
        "typical_volume": 13376.05,
        "trend": 36.308866,
        "fair_value": 31.81211,
        "relative_strength": -9.00767,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.891244,
        "energy": 20.687711,
        "activity_lines": [
          37.68339,
          37.776066,
          37.33258,
          36.857517
        ]
      },
      {
        "date": "2025-07-18",
        "close": 37.97794,
        "volume": 9500,
        "typical_volume": 13648.1,
        "trend": 36.405356,
        "fair_value": 31.836907,
        "relative_strength": -7.056173,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.798562,
        "energy": 18.544206,
        "activity_lines": [
          37.739793,
          37.800184,
          37.435714,
          36.9652
        ]
      },
      {
        "date": "2025-07-25",
        "close": 37.695923,
        "volume": 5186,
        "typical_volume": 13183.15,
        "trend": 36.477642,
        "fair_value": 31.869824,
        "relative_strength": -7.230504,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 34.499681,
        "energy": 16.742021,
        "activity_lines": [
          37.689657,
          37.78822,
          37.501588,
          37.048462
        ]
      },
      {
        "date": "2025-08-01",
        "close": 36.943886,
        "volume": 11134,
        "typical_volume": 12840.75,
        "trend": 36.492294,
        "fair_value": 31.899702,
        "relative_strength": -5.784378,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 27.248648,
        "energy": 13.194013,
        "activity_lines": [
          37.451512,
          37.639521,
          37.491858,
          37.078542
        ]
      },
      {
        "date": "2025-08-08",
        "close": 37.037891,
        "volume": 10563,
        "typical_volume": 12670.15,
        "trend": 36.554489,
        "fair_value": 31.927892,
        "relative_strength": -8.112368,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 25.048628,
        "energy": 11.701439,
        "activity_lines": [
          37.282303,
          37.504496,
          37.491947,
          37.113742
        ]
      },
      {
        "date": "2025-08-15",
        "close": 35.721825,
        "volume": 26368,
        "typical_volume": 13136.55,
        "trend": 36.575775,
        "fair_value": 31.949936,
        "relative_strength": -11.858204,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -3.174511,
        "energy": 10.851216,
        "activity_lines": [
          36.730809,
          37.147278,
          37.359927,
          37.060022
        ]
      },
      {
        "date": "2025-08-22",
        "close": 34.687771,
        "volume": 57992,
        "typical_volume": 15142.2,
        "trend": 36.54779,
        "fair_value": 31.968407,
        "relative_strength": -14.204099,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -32.125567,
        "energy": 40.544972,
        "activity_lines": [
          35.934902,
          36.646489,
          37.127653,
          36.938215
        ]
      },
      {
        "date": "2025-08-29",
        "close": 34.123741,
        "volume": 26145,
        "typical_volume": 15789.8,
        "trend": 36.503964,
        "fair_value": 31.983516,
        "relative_strength": -13.67996,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.769977,
        "energy": 55.980389,
        "activity_lines": [
          35.170329,
          36.099552,
          36.841431,
          36.781825
        ]
      },
      {
        "date": "2025-09-05",
        "close": 34.49976,
        "volume": 15410,
        "typical_volume": 15606.45,
        "trend": 36.502278,
        "fair_value": 32.001035,
        "relative_strength": -11.275826,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.310976,
        "energy": 61.076212,
        "activity_lines": [
          34.769241,
          35.703022,
          36.592629,
          36.652521
        ]
      },
      {
        "date": "2025-09-12",
        "close": 34.875778,
        "volume": 40337,
        "typical_volume": 17213.45,
        "trend": 36.522009,
        "fair_value": 32.033947,
        "relative_strength": -10.402849,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.262629,
        "energy": 61.108239,
        "activity_lines": [
          34.656435,
          35.429553,
          36.384954,
          36.547586
        ]
      },
      {
        "date": "2025-09-19",
        "close": 36.567867,
        "volume": 18714,
        "typical_volume": 17449.2,
        "trend": 36.601102,
        "fair_value": 32.090178,
        "relative_strength": -5.581301,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -55.52659,
        "energy": 45.32736,
        "activity_lines": [
          35.251799,
          35.518431,
          36.345339,
          36.550544
        ]
      },
      {
        "date": "2025-09-26",
        "close": 36.097843,
        "volume": 13661,
        "typical_volume": 17082.8,
        "trend": 36.611238,
        "fair_value": 32.156632,
        "relative_strength": -6.980557,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.714633,
        "energy": 23.613066,
        "activity_lines": [
          35.634085,
          35.533814,
          36.266156,
          36.518076
        ]
      },
      {
        "date": "2025-10-03",
        "close": 38.259953,
        "volume": 12066,
        "typical_volume": 16126.3,
        "trend": 36.657916,
        "fair_value": 32.228545,
        "relative_strength": -3.730849,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -6.026698,
        "energy": 13.691135,
        "activity_lines": [
          36.64307,
          35.976491,
          36.40582,
          36.624445
        ]
      },
      {
        "date": "2025-10-10",
        "close": 37.225899,
        "volume": 7571,
        "typical_volume": 16045.25,
        "trend": 36.661244,
        "fair_value": 32.290776,
        "relative_strength": -5.469576,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 4.001009,
        "energy": 19.607398,
        "activity_lines": [
          37.031623,
          36.220903,
          36.444317,
          36.661089
        ]
      },
      {
        "date": "2025-10-17",
        "close": 35.251801,
        "volume": 7983,
        "typical_volume": 15825.15,
        "trend": 36.649099,
        "fair_value": 32.337807,
        "relative_strength": -8.664101,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.899489,
        "energy": 22.047315,
        "activity_lines": [
          36.580401,
          36.101261,
          36.292567,
          36.570157
        ]
      },
      {
        "date": "2025-10-24",
        "close": 38.541965,
        "volume": 21913,
        "typical_volume": 16620.3,
        "trend": 36.755508,
        "fair_value": 32.394474,
        "relative_strength": -1.597019,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.391388,
        "energy": 23.850478,
        "activity_lines": [
          37.200832,
          36.612305,
          36.467147,
          36.692277
        ]
      },
      {
        "date": "2025-10-31",
        "close": 38.823982,
        "volume": 16024,
        "typical_volume": 16807.65,
        "trend": 36.895003,
        "fair_value": 32.459058,
        "relative_strength": 0.501531,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.450969,
        "energy": 32.879909,
        "activity_lines": [
          37.783662,
          37.123349,
          36.666795,
          36.825727
        ]
      },
      {
        "date": "2025-11-07",
        "close": 39.01199,
        "volume": 17130,
        "typical_volume": 17322.2,
        "trend": 37.046685,
        "fair_value": 32.530957,
        "relative_strength": 2.833023,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 29.012911,
        "energy": 37.828195,
        "activity_lines": [
          38.247418,
          37.593373,
          36.879425,
          36.962307
        ]
      },
      {
        "date": "2025-11-14",
        "close": 40.422062,
        "volume": 15793,
        "typical_volume": 17920.85,
        "trend": 37.206883,
        "fair_value": 32.607567,
        "relative_strength": 5.361109,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 48.952893,
        "energy": 63.402048,
        "activity_lines": [
          39.131063,
          38.230896,
          37.224557,
          37.180073
        ]
      },
      {
        "date": "2025-11-21",
        "close": 41.456116,
        "volume": 25525,
        "typical_volume": 18977.9,
        "trend": 37.377863,
        "fair_value": 32.690296,
        "relative_strength": 11.681773,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 79.309089,
        "energy": 81.098666,
        "activity_lines": [
          40.146315,
          38.948751,
          37.654293,
          37.454217
        ]
      },
      {
        "date": "2025-11-28",
        "close": 43.054195,
        "volume": 25942,
        "typical_volume": 19247.85,
        "trend": 37.557704,
        "fair_value": 32.772324,
        "relative_strength": 12.27642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.554913,
        "energy": 89.467881,
        "activity_lines": [
          41.280639,
          39.837523,
          38.219217,
          37.820432
        ]
      },
      {
        "date": "2025-12-05",
        "close": 44.370266,
        "volume": 43477,
        "typical_volume": 20946.7,
        "trend": 37.742926,
        "fair_value": 32.868643,
        "relative_strength": 14.650783,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.209211,
        "energy": 94.028402,
        "activity_lines": [
          42.552838,
          40.847648,
          38.881727,
          38.259953
        ]
      },
      {
        "date": "2025-12-12",
        "close": 43.52422,
        "volume": 58237,
        "typical_volume": 23599.25,
        "trend": 37.937203,
        "fair_value": 32.971248,
        "relative_strength": 11.650349,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.21643,
        "energy": 88.889657,
        "activity_lines": [
          43.17327,
          41.553538,
          39.433222,
          38.632939
        ]
      },
      {
        "date": "2025-12-19",
        "close": 44.182255,
        "volume": 24902,
        "typical_volume": 24287.65,
        "trend": 38.184749,
        "fair_value": 33.078071,
        "relative_strength": 12.789156,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.835771,
        "energy": 89.005435,
        "activity_lines": [
          43.712231,
          42.283358,
          40.019633,
          39.035846
        ]
      },
      {
        "date": "2025-12-26",
        "close": 43.994244,
        "volume": 4929,
        "typical_volume": 24005.95,
        "trend": 38.385292,
        "fair_value": 33.184452,
        "relative_strength": 12.031125,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.416079,
        "energy": 83.210843,
        "activity_lines": [
          43.937842,
          42.852514,
          40.553669,
          39.410652
        ]
      },
      {
        "date": "2026-01-02",
        "close": 44.088253,
        "volume": 9166,
        "typical_volume": 23145.85,
        "trend": 38.582702,
        "fair_value": 33.285072,
        "relative_strength": 11.40818,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.824477,
        "energy": 69.9102,
        "activity_lines": [
          44.025581,
          43.279809,
          41.063534,
          39.778585
        ]
      },
      {
        "date": "2026-01-09",
        "close": 46.908394,
        "volume": 32679,
        "typical_volume": 21880.2,
        "trend": 38.886651,
        "fair_value": 33.396643,
        "relative_strength": 14.984855,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.781884,
        "energy": 74.330702,
        "activity_lines": [
          44.98443,
          44.119015,
          41.802143,
          40.315726
        ]
      },
      {
        "date": "2026-01-16",
        "close": 45.780338,
        "volume": 23395,
        "typical_volume": 21742.7,
        "trend": 39.124797,
        "fair_value": 33.503783,
        "relative_strength": 11.887243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.737452,
        "energy": 66.81071,
        "activity_lines": [
          45.398051,
          44.606131,
          42.375125,
          40.76048
        ]
      },
      {
        "date": "2026-01-23",
        "close": 45.498325,
        "volume": 20757,
        "typical_volume": 22010.05,
        "trend": 39.391144,
        "fair_value": 33.610387,
        "relative_strength": 12.744896,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.936241,
        "energy": 70.664333,
        "activity_lines": [
          45.567261,
          44.918912,
          42.86574,
          41.171676
        ]
      },
      {
        "date": "2026-01-30",
        "close": 45.216305,
        "volume": 18471,
        "typical_volume": 20916.75,
        "trend": 39.635556,
        "fair_value": 33.724857,
        "relative_strength": 13.413287,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.231499,
        "energy": 64.213441,
        "activity_lines": [
          45.554725,
          45.08812,
          43.277123,
          41.547493
        ]
      },
      {
        "date": "2026-02-06",
        "close": 46.43837,
        "volume": 38190,
        "typical_volume": 21890.55,
        "trend": 39.942639,
        "fair_value": 33.846396,
        "relative_strength": 15.21884,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.469589,
        "energy": 60.665198,
        "activity_lines": [
          45.868074,
          45.411154,
          43.755652,
          41.986384
        ]
      },
      {
        "date": "2026-02-13",
        "close": 47.190411,
        "volume": 41676,
        "typical_volume": 23291.3,
        "trend": 40.249721,
        "fair_value": 33.962066,
        "relative_strength": 15.669262,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.229723,
        "energy": 63.420195,
        "activity_lines": [
          46.275429,
          45.809393,
          44.258802,
          42.453982
        ]
      },
      {
        "date": "2026-02-20",
        "close": 47.754436,
        "volume": 31114,
        "typical_volume": 24243.7,
        "trend": 40.585005,
        "fair_value": 34.080333,
        "relative_strength": 14.968424,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.366529,
        "energy": 64.578376,
        "activity_lines": [
          46.851991,
          46.258907,
          44.762847,
          42.938157
        ]
      },
      {
        "date": "2026-02-27",
        "close": 47.942448,
        "volume": 25364,
        "typical_volume": 25133.35,
        "trend": 40.951623,
        "fair_value": 34.184533,
        "relative_strength": 14.898337,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.414437,
        "energy": 65.477091,
        "activity_lines": [
          47.359617,
          46.665691,
          45.239585,
          43.412831
        ]
      },
      {
        "date": "2026-03-06",
        "close": 46.062351,
        "volume": 30679,
        "typical_volume": 26268.15,
        "trend": 41.252439,
        "fair_value": 34.281262,
        "relative_strength": 17.83449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.316743,
        "energy": 57.205517,
        "activity_lines": [
          47.077603,
          46.662273,
          45.486236,
          43.742555
        ]
      },
      {
        "date": "2026-03-13",
        "close": 45.87434,
        "volume": 30326,
        "typical_volume": 26688.8,
        "trend": 41.590856,
        "fair_value": 34.38035,
        "relative_strength": 17.606988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.300501,
        "energy": 48.487943,
        "activity_lines": [
          46.676515,
          46.587069,
          45.663502,
          44.040742
        ]
      },
      {
        "date": "2026-03-20",
        "close": 42.772182,
        "volume": 20244,
        "typical_volume": 26899.8,
        "trend": 41.860336,
        "fair_value": 34.448353,
        "relative_strength": 14.412496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 21.25916,
        "energy": 15.524426,
        "activity_lines": [
          45.278977,
          45.915361,
          45.510408,
          44.116957
        ]
      },
      {
        "date": "2026-03-27",
        "close": 42.302158,
        "volume": 32109,
        "typical_volume": 27648.75,
        "trend": 42.13295,
        "fair_value": 34.511815,
        "relative_strength": 13.13745,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.806664,
        "energy": 19.869424,
        "activity_lines": [
          44.019313,
          45.233399,
          45.29375,
          44.145462
        ]
      },
      {
        "date": "2026-04-03",
        "close": 42.960194,
        "volume": 33723,
        "typical_volume": 28545.25,
        "trend": 42.414965,
        "fair_value": 34.574659,
        "relative_strength": 10.373,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.057005,
        "energy": 23.053833,
        "activity_lines": [
          43.342479,
          44.734319,
          45.124094,
          44.198832
        ]
      },
      {
        "date": "2026-04-10",
        "close": 43.242207,
        "volume": 34204,
        "typical_volume": 28979.2,
        "trend": 42.693846,
        "fair_value": 34.643129,
        "relative_strength": 7.975129,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -1.578593,
        "energy": 26.270014,
        "activity_lines": [
          43.091799,
          44.332663,
          44.969209,
          44.252203
        ]
      },
      {
        "date": "2026-04-17",
        "close": 43.52422,
        "volume": 58033,
        "typical_volume": 30583.75,
        "trend": 42.925724,
        "fair_value": 34.716462,
        "relative_strength": 4.628654,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.624732,
        "energy": 21.867776,
        "activity_lines": [
          43.123134,
          44.018174,
          44.832679,
          44.305775
        ]
      },
      {
        "date": "2026-04-24",
        "close": 41.738132,
        "volume": 34789,
        "typical_volume": 30149.35,
        "trend": 43.113734,
        "fair_value": 34.781908,
        "relative_strength": 2.605657,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -31.094019,
        "energy": 40.828159,
        "activity_lines": [
          42.71578,
          43.431926,
          44.523806,
          44.229156
        ]
      },
      {
        "date": "2026-05-01",
        "close": 40.986092,
        "volume": 19057,
        "typical_volume": 28190.35,
        "trend": 43.204605,
        "fair_value": 34.846607,
        "relative_strength": 0.015283,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.049375,
        "energy": 39.046251,
        "activity_lines": [
          42.126684,
          42.808076,
          44.155844,
          44.091889
        ]
      },
      {
        "date": "2026-05-08",
        "close": 39.294006,
        "volume": 41499,
        "typical_volume": 29020.2,
        "trend": 43.273542,
        "fair_value": 34.897913,
        "relative_strength": -4.255373,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.489051,
        "energy": 61.739909,
        "activity_lines": [
          41.061296,
          41.999635,
          43.638818,
          43.839592
        ]
      },
      {
        "date": "2026-05-15",
        "close": 38.900002,
        "volume": 53995,
        "typical_volume": 31473.5,
        "trend": 43.395149,
        "fair_value": 34.94584,
        "relative_strength": -3.721543,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.300532,
        "energy": 69.706379,
        "activity_lines": [
          40.108986,
          41.276801,
          43.107545,
          43.557429
        ]
      },
      {
        "date": "2026-05-22",
        "close": 39.900002,
        "volume": 42478,
        "typical_volume": 33139.1,
        "trend": 43.440417,
        "fair_value": 35.000716,
        "relative_strength": -5.019887,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -63.634034,
        "energy": 74.112136,
        "activity_lines": [
          39.77949,
          40.86601,
          42.695768,
          43.331935
        ]
      },
      {
        "date": "2026-05-29",
        "close": 39.299999,
        "volume": 20148,
        "typical_volume": 32512.55,
        "trend": 43.456284,
        "fair_value": 35.054712,
        "relative_strength": -7.235488,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.8394,
        "energy": 74.488817,
        "activity_lines": [
          39.491608,
          40.454751,
          42.246792,
          43.064812
        ]
      },
      {
        "date": "2026-06-05",
        "close": 38.200001,
        "volume": 3722,
        "typical_volume": 31528.9,
        "trend": 43.429217,
        "fair_value": 35.100039,
        "relative_strength": -8.54454,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.671989,
        "energy": 74.854454,
        "activity_lines": [
          38.999601,
          39.906624,
          41.729285,
          42.725696
        ]
      },
      {
        "date": "2026-06-12",
        "close": 38.200001,
        "volume": 5189,
        "typical_volume": 30750.5,
        "trend": 43.355149,
        "fair_value": 35.137815,
        "relative_strength": -8.026053,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.504311,
        "energy": 69.358884,
        "activity_lines": [
          38.693334,
          39.433081,
          41.247875,
          42.388328
        ]
      },
      {
        "date": "2026-06-19",
        "close": 38.299999,
        "volume": 40472,
        "typical_volume": 31850.55,
        "trend": 43.249945,
        "fair_value": 35.18648,
        "relative_strength": -8.952515,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.546214,
        "energy": 71.485912,
        "activity_lines": [
          38.493333,
          39.064269,
          40.810742,
          42.062189
        ]
      },
      {
        "date": "2026-06-26",
        "close": 38.099998,
        "volume": 6704,
        "typical_volume": 30276.25,
        "trend": 43.084805,
        "fair_value": 35.237637,
        "relative_strength": -8.255871,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.109214,
        "energy": 77.488878,
        "activity_lines": [
          38.266666,
          38.748951,
          40.387496,
          41.729934
        ]
      },
      {
        "date": "2026-07-03",
        "close": 38.799999,
        "volume": 1943,
        "typical_volume": 28289.6,
        "trend": 42.899129,
        "fair_value": 35.295439,
        "relative_strength": -10.496743,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.6193,
        "energy": 65.491002,
        "activity_lines": [
          38.393332,
          38.659529,
          40.070624,
          41.453495
        ]
      },
      {
        "date": "2026-07-10",
        "close": 37.400002,
        "volume": 20492,
        "typical_volume": 27758.5,
        "trend": 42.694989,
        "fair_value": 35.346424,
        "relative_strength": -11.231571,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.305209,
        "energy": 58.276229,
        "activity_lines": [
          38.086667,
          38.368982,
          39.660373,
          41.098713
        ]
      },
      {
        "date": "2026-07-17",
        "close": 37.900002,
        "volume": 17472,
        "typical_volume": 27363.9,
        "trend": 42.48558,
        "fair_value": 35.402771,
        "relative_strength": -9.15077,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.036536,
        "energy": 52.079907,
        "activity_lines": [
          38.000001,
          38.234546,
          39.347048,
          40.789359
        ]
      },
      {
        "date": "2026-07-24",
        "close": 38.0,
        "volume": 16734,
        "typical_volume": 26666.65,
        "trend": 42.285772,
        "fair_value": 35.457872,
        "relative_strength": -9.839845,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -60.202821,
        "energy": 48.281828,
        "activity_lines": [
          37.966667,
          38.143637,
          39.091067,
          40.499967
        ]
      },
      {
        "date": "2026-07-31",
        "close": 38.9,
        "volume": 12120,
        "typical_volume": 25756.35,
        "trend": 42.11283,
        "fair_value": 35.521438,
        "relative_strength": -9.552591,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.596466,
        "energy": 39.079092,
        "activity_lines": [
          38.253334,
          38.232728,
          38.959193,
          40.28153
        ]
      },
      {
        "date": "2026-08-07",
        "close": 38.299999,
        "volume": 25566,
        "typical_volume": 26022.45,
        "trend": 41.825884,
        "fair_value": 35.57981,
        "relative_strength": -13.205773,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -43.554596,
        "energy": 32.841382,
        "activity_lines": [
          38.286667,
          38.230909,
          38.803387,
          40.035541
        ]
      }
    ],
    "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."
    }
  }
}