{
  "ticker": {
    "uuid": "1d7dc292-6ad6-4713-a782-02c59dd50982",
    "symbol": "DBEF",
    "name": "DBX ETF TRUST XTRACKERS MSCI EAFE HEDGED EQUITY ETF",
    "exchange": "NYSEARCA",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 80.937,
    "architecture_energy": 60.872,
    "architecture_maturity": 46.832,
    "architecture_confidence": 82.305,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 9.39,
        "rotation_up": 64.37,
        "upward_expansion": 84.73,
        "deceleration": 57.68,
        "rotation_down": 22.34,
        "downward_expansion": 9.06
      },
      "activity_lines": [
        55.227333,
        54.842182,
        53.887429,
        53.007892
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.833333
    },
    "latest_close": 56.26,
    "trend_reference": 52.021667,
    "distance_from_trend": 0.081472,
    "trend_direction": "Improving",
    "fair_value": 41.96805,
    "distance_from_fair_value": 0.340544,
    "fair_value_direction": "Improving",
    "relative_strength": 1.16568,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.10422,
    "excess_performance": -0.021405,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.081472,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.045233,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.340544,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.0481,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.011657,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.024912,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.10422,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.879889,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 1698692,
      "relative_activity": 0.6738,
      "balance": 1.879889,
      "dry_up": 0.739189,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.023751,
      "annualized_volatility": 0.147612,
      "from_high_reference": -0.005392,
      "from_low_reference": 0.28423
    },
    "levels": {
      "trend_reference": 52.021667,
      "fair_value_reference": 41.96805,
      "structural_low": 47.29,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 47,
        "median_return": 0.012097,
        "positive_rate": 0.617021,
        "directional_follow_through": 0.617021,
        "median_excess_return": -0.001419,
        "regime_survival": 0.851064,
        "best_return": 0.075085,
        "worst_return": -0.075706,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 16,
        "median_return": 0.027266,
        "positive_rate": 0.8125,
        "directional_follow_through": 0.8125,
        "median_excess_return": -0.012429,
        "regime_survival": 0.75,
        "best_return": 0.108458,
        "worst_return": -0.038862,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 9,
        "median_return": 0.072389,
        "positive_rate": 0.777778,
        "directional_follow_through": 0.777778,
        "median_excess_return": 0.01821,
        "regime_survival": 0.777778,
        "best_return": 0.161443,
        "worst_return": -0.09196,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.148415,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.019124,
        "regime_survival": 0.5,
        "best_return": 0.217309,
        "worst_return": -0.04609,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-04-21",
        "end": "2023-09-29",
        "tenure": "Established",
        "return": 0.013292,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-10-06",
        "end": "2023-10-20",
        "tenure": "New",
        "return": -0.026513,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2023-10-27",
        "end": "2023-11-10",
        "tenure": "New",
        "return": 0.048088,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-11-17",
        "end": "2023-11-24",
        "tenure": "New",
        "return": 0.005018,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-01",
        "end": "2024-08-09",
        "tenure": "Extended",
        "return": 0.104373,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-16",
        "end": "2024-10-11",
        "tenure": "Developing",
        "return": 0.031912,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-18",
        "end": "2024-11-22",
        "tenure": "Developing",
        "return": -0.014154,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-29",
        "end": "2025-01-17",
        "tenure": "Developing",
        "return": 0.025598,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-24",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": 0.008792,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-05-02",
        "tenure": "Developing",
        "return": 0.112494,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-05-23",
        "tenure": "New",
        "return": 0.01275,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-30",
        "end": "2026-03-20",
        "tenure": "Extended",
        "return": 0.119448,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.092577,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.097328,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 31.972026,
        "volume": 1667883,
        "typical_volume": 2209857.35,
        "trend": 31.837093,
        "fair_value": 28.517132,
        "relative_strength": -2.701295,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 28.375004,
        "energy": 18.04392,
        "activity_lines": [
          32.552659,
          32.595023,
          32.519878,
          32.235759
        ]
      },
      {
        "date": "2023-08-25",
        "close": 32.353532,
        "volume": 1857130,
        "typical_volume": 2208803.9,
        "trend": 31.888747,
        "fair_value": 28.577464,
        "relative_strength": -2.395225,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 28.804486,
        "energy": 16.508432,
        "activity_lines": [
          32.428592,
          32.547753,
          32.518847,
          32.269077
        ]
      },
      {
        "date": "2023-09-01",
        "close": 32.949052,
        "volume": 1336213,
        "typical_volume": 2208966.25,
        "trend": 31.94988,
        "fair_value": 28.64266,
        "relative_strength": -3.120176,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.812078,
        "energy": 18.030992,
        "activity_lines": [
          32.545215,
          32.62067,
          32.569355,
          32.337484
        ]
      },
      {
        "date": "2023-09-08",
        "close": 32.772257,
        "volume": 1349669,
        "typical_volume": 2192342.55,
        "trend": 32.011639,
        "fair_value": 28.705391,
        "relative_strength": -2.489303,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.272165,
        "energy": 15.999834,
        "activity_lines": [
          32.630821,
          32.647062,
          32.597636,
          32.390541
        ]
      },
      {
        "date": "2023-09-15",
        "close": 33.311948,
        "volume": 1449692,
        "typical_volume": 2180509.8,
        "trend": 32.081016,
        "fair_value": 28.77163,
        "relative_strength": -0.825235,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.24634,
        "energy": 38.797613,
        "activity_lines": [
          32.878334,
          32.774118,
          32.673871,
          32.474432
        ]
      },
      {
        "date": "2023-09-22",
        "close": 32.781562,
        "volume": 2388817,
        "typical_volume": 2191382.3,
        "trend": 32.146938,
        "fair_value": 28.836703,
        "relative_strength": 0.456795,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.397745,
        "energy": 40.40729,
        "activity_lines": [
          32.914934,
          32.779194,
          32.693745,
          32.519628
        ]
      },
      {
        "date": "2023-09-29",
        "close": 32.474497,
        "volume": 1948448,
        "typical_volume": 2202379.2,
        "trend": 32.180992,
        "fair_value": 28.899094,
        "relative_strength": 0.156956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.476785,
        "energy": 25.401365,
        "activity_lines": [
          32.79521,
          32.723702,
          32.680968,
          32.540761
        ]
      },
      {
        "date": "2023-10-06",
        "close": 32.288397,
        "volume": 2401403,
        "typical_volume": 2227811.05,
        "trend": 32.239661,
        "fair_value": 28.957393,
        "relative_strength": -0.903961,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.097996,
        "energy": 7.508696,
        "activity_lines": [
          32.605387,
          32.643679,
          32.648905,
          32.54769
        ]
      },
      {
        "date": "2023-10-13",
        "close": 32.400057,
        "volume": 2159548,
        "typical_volume": 2225974.1,
        "trend": 32.332871,
        "fair_value": 29.017643,
        "relative_strength": -1.007601,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 9.452514,
        "energy": 10.574958,
        "activity_lines": [
          32.496829,
          32.603583,
          32.62879,
          32.558039
        ]
      },
      {
        "date": "2023-10-20",
        "close": 31.432335,
        "volume": 3041616,
        "typical_volume": 2279112.55,
        "trend": 32.378118,
        "fair_value": 29.072546,
        "relative_strength": -1.63598,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -35.136683,
        "energy": 32.784422,
        "activity_lines": [
          32.09051,
          32.389398,
          32.515895,
          32.499939
        ]
      },
      {
        "date": "2023-10-27",
        "close": 31.153185,
        "volume": 2443221,
        "typical_volume": 2261317.9,
        "trend": 32.373462,
        "fair_value": 29.132266,
        "relative_strength": -0.098518,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.298591,
        "energy": 60.938083,
        "activity_lines": [
          31.716448,
          32.149329,
          32.381465,
          32.420912
        ]
      },
      {
        "date": "2023-11-03",
        "close": 32.614072,
        "volume": 2742287,
        "typical_volume": 2275860.7,
        "trend": 32.418391,
        "fair_value": 29.192938,
        "relative_strength": -1.16001,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.572131,
        "energy": 42.820912,
        "activity_lines": [
          31.937908,
          32.189763,
          32.392081,
          32.436435
        ]
      },
      {
        "date": "2023-11-10",
        "close": 32.651292,
        "volume": 2891257,
        "typical_volume": 2291215.6,
        "trend": 32.446189,
        "fair_value": 29.245958,
        "relative_strength": -2.367101,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -15.372755,
        "energy": 26.545752,
        "activity_lines": [
          32.162469,
          32.232228,
          32.408121,
          32.451461
        ]
      },
      {
        "date": "2023-11-17",
        "close": 33.377083,
        "volume": 3380031,
        "typical_volume": 2343222.75,
        "trend": 32.490474,
        "fair_value": 29.302015,
        "relative_strength": -2.425969,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 23.409057,
        "energy": 15.801167,
        "activity_lines": [
          32.604767,
          32.412069,
          32.490936,
          32.511518
        ]
      },
      {
        "date": "2023-11-24",
        "close": 33.544573,
        "volume": 2331677,
        "typical_volume": 2300106.15,
        "trend": 32.539158,
        "fair_value": 29.356674,
        "relative_strength": -2.875889,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 67.890409,
        "energy": 46.938069,
        "activity_lines": [
          33.03776,
          32.611365,
          32.587486,
          32.579525
        ]
      },
      {
        "date": "2023-12-01",
        "close": 33.656234,
        "volume": 4798677,
        "typical_volume": 2439053.6,
        "trend": 32.592156,
        "fair_value": 29.41162,
        "relative_strength": -3.342525,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.092978,
        "energy": 64.845828,
        "activity_lines": [
          33.367158,
          32.826734,
          32.686873,
          32.651594
        ]
      },
      {
        "date": "2023-12-08",
        "close": 33.870249,
        "volume": 3454504,
        "typical_volume": 2416551.95,
        "trend": 32.649621,
        "fair_value": 29.468557,
        "relative_strength": -2.902809,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.306158,
        "energy": 75.727792,
        "activity_lines": [
          33.601024,
          33.065111,
          32.801236,
          32.734052
        ]
      },
      {
        "date": "2023-12-15",
        "close": 33.948606,
        "volume": 2454451,
        "typical_volume": 2456203.95,
        "trend": 32.69577,
        "fair_value": 29.524763,
        "relative_strength": -4.854626,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.564378,
        "energy": 77.501606,
        "activity_lines": [
          33.777264,
          33.292358,
          32.918852,
          32.817857
        ]
      },
      {
        "date": "2023-12-22",
        "close": 34.339784,
        "volume": 2840588,
        "typical_volume": 2447946.5,
        "trend": 32.764737,
        "fair_value": 29.58367,
        "relative_strength": -4.53,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.871745,
        "energy": 80.915365,
        "activity_lines": [
          33.997409,
          33.560543,
          33.070957,
          32.923923
        ]
      },
      {
        "date": "2023-12-29",
        "close": 34.442235,
        "volume": 2469754,
        "typical_volume": 2470343.3,
        "trend": 32.829711,
        "fair_value": 29.642608,
        "relative_strength": -4.492361,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.987635,
        "energy": 81.00902,
        "activity_lines": [
          34.187524,
          33.812087,
          33.224071,
          33.032148
        ]
      },
      {
        "date": "2024-01-05",
        "close": 34.377039,
        "volume": 3071348,
        "typical_volume": 2540516.55,
        "trend": 32.895772,
        "fair_value": 29.694867,
        "relative_strength": -3.055472,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.438078,
        "energy": 79.374639,
        "activity_lines": [
          34.296063,
          33.997052,
          33.363155,
          33.131976
        ]
      },
      {
        "date": "2024-01-12",
        "close": 34.814785,
        "volume": 2564786,
        "typical_volume": 2575899.35,
        "trend": 32.955977,
        "fair_value": 29.751955,
        "relative_strength": -3.517404,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.734463,
        "energy": 85.725851,
        "activity_lines": [
          34.502464,
          34.202992,
          33.532478,
          33.255783
        ]
      },
      {
        "date": "2024-01-19",
        "close": 34.656451,
        "volume": 2298102,
        "typical_volume": 2623993.8,
        "trend": 33.039254,
        "fair_value": 29.807065,
        "relative_strength": -4.940555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.667107,
        "energy": 82.833151,
        "activity_lines": [
          34.593118,
          34.340131,
          33.675001,
          33.365491
        ]
      },
      {
        "date": "2024-01-26",
        "close": 35.243217,
        "volume": 2532108,
        "typical_volume": 2683115.75,
        "trend": 33.116967,
        "fair_value": 29.871522,
        "relative_strength": -4.202108,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.993684,
        "energy": 88.680348,
        "activity_lines": [
          34.83217,
          34.547497,
          33.865275,
          33.507682
        ]
      },
      {
        "date": "2024-02-02",
        "close": 35.438806,
        "volume": 3676022,
        "typical_volume": 2794432.25,
        "trend": 33.234698,
        "fair_value": 29.931166,
        "relative_strength": -4.903456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.688513,
        "energy": 93.298998,
        "activity_lines": [
          35.076191,
          34.756495,
          34.062411,
          33.657478
        ]
      },
      {
        "date": "2024-02-09",
        "close": 35.643708,
        "volume": 2817287,
        "typical_volume": 2815855.75,
        "trend": 33.338787,
        "fair_value": 29.989426,
        "relative_strength": -5.520591,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.45027,
        "energy": 93.105777,
        "activity_lines": [
          35.322073,
          34.968307,
          34.268934,
          33.812898
        ]
      },
      {
        "date": "2024-02-16",
        "close": 36.090768,
        "volume": 2717727,
        "typical_volume": 2854319.7,
        "trend": 33.44227,
        "fair_value": 30.050745,
        "relative_strength": -3.874239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.366034,
        "energy": 95.512164,
        "activity_lines": [
          35.632532,
          35.225267,
          34.504404,
          33.990446
        ]
      },
      {
        "date": "2024-02-23",
        "close": 36.640279,
        "volume": 2035310,
        "typical_volume": 2836015.05,
        "trend": 33.551354,
        "fair_value": 30.119246,
        "relative_strength": -3.847099,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.311335,
        "energy": 96.736274,
        "activity_lines": [
          36.041095,
          35.541765,
          34.774988,
          34.196769
        ]
      },
      {
        "date": "2024-03-01",
        "close": 36.919691,
        "volume": 2197375,
        "typical_volume": 2837906.4,
        "trend": 33.698596,
        "fair_value": 30.186215,
        "relative_strength": -3.885535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.40169,
        "energy": 95.987705,
        "activity_lines": [
          36.41054,
          35.860126,
          35.05146,
          34.414081
        ]
      },
      {
        "date": "2024-03-08",
        "close": 37.078025,
        "volume": 2507490,
        "typical_volume": 2811200.1,
        "trend": 33.841192,
        "fair_value": 30.250733,
        "relative_strength": -3.06454,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.290635,
        "energy": 93.808756,
        "activity_lines": [
          36.720998,
          36.160367,
          35.321489,
          34.632108
        ]
      },
      {
        "date": "2024-03-15",
        "close": 37.199104,
        "volume": 2735312,
        "typical_volume": 2825804.65,
        "trend": 34.015427,
        "fair_value": 30.315352,
        "relative_strength": -2.59068,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.328931,
        "energy": 89.287886,
        "activity_lines": [
          36.962535,
          36.434699,
          35.576165,
          34.848748
        ]
      },
      {
        "date": "2024-03-22",
        "close": 37.962831,
        "volume": 2478830,
        "typical_volume": 2812631.8,
        "trend": 34.202404,
        "fair_value": 30.38323,
        "relative_strength": -2.654659,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.429155,
        "energy": 91.284054,
        "activity_lines": [
          37.354954,
          36.796581,
          35.874787,
          35.103419
        ]
      },
      {
        "date": "2024-03-29",
        "close": 38.121165,
        "volume": 2190432,
        "typical_volume": 2777590.55,
        "trend": 34.374808,
        "fair_value": 30.450822,
        "relative_strength": -2.479159,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.954158,
        "energy": 79.624476,
        "activity_lines": [
          37.675347,
          37.130013,
          36.163018,
          35.356242
        ]
      },
      {
        "date": "2024-04-05",
        "close": 37.627536,
        "volume": 3882019,
        "typical_volume": 2802689.95,
        "trend": 34.53665,
        "fair_value": 30.513854,
        "relative_strength": -2.756734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.160573,
        "energy": 67.910246,
        "activity_lines": [
          37.732471,
          37.310699,
          36.37819,
          35.566096
        ]
      },
      {
        "date": "2024-04-12",
        "close": 37.394693,
        "volume": 3714179,
        "typical_volume": 2871815.05,
        "trend": 34.672742,
        "fair_value": 30.573804,
        "relative_strength": -1.796402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.431247,
        "energy": 66.585461,
        "activity_lines": [
          37.664791,
          37.4057,
          36.550946,
          35.750486
        ]
      },
      {
        "date": "2024-04-19",
        "close": 36.975574,
        "volume": 4304306,
        "typical_volume": 2847096.5,
        "trend": 34.812542,
        "fair_value": 30.63285,
        "relative_strength": 0.288698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.925199,
        "energy": 61.338216,
        "activity_lines": [
          37.436294,
          37.388935,
          36.665452,
          35.899055
        ]
      },
      {
        "date": "2024-04-26",
        "close": 37.897635,
        "volume": 3667760,
        "typical_volume": 2857759.3,
        "trend": 34.993314,
        "fair_value": 30.698961,
        "relative_strength": 0.236024,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.063518,
        "energy": 59.385972,
        "activity_lines": [
          37.530052,
          37.515602,
          36.851967,
          36.098094
        ]
      },
      {
        "date": "2024-05-03",
        "close": 37.906949,
        "volume": 4108711,
        "typical_volume": 2940472.3,
        "trend": 35.180599,
        "fair_value": 30.761665,
        "relative_strength": -0.21215,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.961108,
        "energy": 54.828917,
        "activity_lines": [
          37.631262,
          37.61111,
          37.020191,
          36.28607
        ]
      },
      {
        "date": "2024-05-10",
        "close": 38.763813,
        "volume": 2871702,
        "typical_volume": 2942028.0,
        "trend": 35.392724,
        "fair_value": 30.831499,
        "relative_strength": 0.297447,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.222426,
        "energy": 63.723471,
        "activity_lines": [
          38.032374,
          37.839382,
          37.251172,
          36.517245
        ]
      },
      {
        "date": "2024-05-17",
        "close": 39.145677,
        "volume": 2571121,
        "typical_volume": 2947096.35,
        "trend": 35.649835,
        "fair_value": 30.903059,
        "relative_strength": -0.232726,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.128034,
        "energy": 73.217838,
        "activity_lines": [
          38.485022,
          38.103553,
          37.497454,
          36.759371
        ]
      },
      {
        "date": "2024-05-24",
        "close": 39.015284,
        "volume": 2467515,
        "typical_volume": 2916904.7,
        "trend": 35.911905,
        "fair_value": 30.971519,
        "relative_strength": -0.453149,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.074914,
        "energy": 83.557029,
        "activity_lines": [
          38.777473,
          38.306424,
          37.708921,
          36.976497
        ]
      },
      {
        "date": "2024-05-31",
        "close": 39.089794,
        "volume": 2148378,
        "typical_volume": 2896084.3,
        "trend": 36.127763,
        "fair_value": 31.038628,
        "relative_strength": 0.204361,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.900989,
        "energy": 85.052688,
        "activity_lines": [
          38.958781,
          38.48982,
          37.905396,
          37.181522
        ]
      },
      {
        "date": "2024-06-07",
        "close": 39.136363,
        "volume": 3576989,
        "typical_volume": 2960028.65,
        "trend": 36.343932,
        "fair_value": 31.104445,
        "relative_strength": -0.842113,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.237534,
        "energy": 79.160416,
        "activity_lines": [
          39.076134,
          38.661193,
          38.08595,
          37.375625
        ]
      },
      {
        "date": "2024-06-14",
        "close": 38.335381,
        "volume": 2603553,
        "typical_volume": 2963600.9,
        "trend": 36.509208,
        "fair_value": 31.167584,
        "relative_strength": -4.309044,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.102508,
        "energy": 55.758442,
        "activity_lines": [
          38.844532,
          38.668474,
          38.168887,
          37.504106
        ]
      },
      {
        "date": "2024-06-21",
        "close": 38.527263,
        "volume": 1948212,
        "typical_volume": 2877210.4,
        "trend": 36.675298,
        "fair_value": 31.229181,
        "relative_strength": -4.332002,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.85376,
        "energy": 46.917682,
        "activity_lines": [
          38.705453,
          38.697774,
          38.255373,
          37.634303
        ]
      },
      {
        "date": "2024-06-28",
        "close": 38.817646,
        "volume": 3532575,
        "typical_volume": 2912974.8,
        "trend": 36.847345,
        "fair_value": 31.293128,
        "relative_strength": -3.460097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.254109,
        "energy": 38.805581,
        "activity_lines": [
          38.704396,
          38.759278,
          38.354808,
          37.772519
        ]
      },
      {
        "date": "2024-07-05",
        "close": 39.360943,
        "volume": 3192725,
        "typical_volume": 2936724.7,
        "trend": 37.030368,
        "fair_value": 31.360705,
        "relative_strength": -3.877633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.571467,
        "energy": 47.552587,
        "activity_lines": [
          38.897614,
          38.886071,
          38.490872,
          37.934687
        ]
      },
      {
        "date": "2024-07-12",
        "close": 39.791834,
        "volume": 4145149,
        "typical_volume": 3042216.65,
        "trend": 37.225142,
        "fair_value": 31.432955,
        "relative_strength": -3.69493,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.036916,
        "energy": 56.661312,
        "activity_lines": [
          39.216386,
          39.064602,
          38.652401,
          38.112846
        ]
      },
      {
        "date": "2024-07-19",
        "close": 38.883216,
        "volume": 3282673,
        "typical_volume": 3096481.55,
        "trend": 37.37659,
        "fair_value": 31.496637,
        "relative_strength": -3.929566,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.24536,
        "energy": 48.664598,
        "activity_lines": [
          39.188587,
          39.04366,
          38.712387,
          38.219818
        ]
      },
      {
        "date": "2024-07-26",
        "close": 38.742708,
        "volume": 2828970,
        "typical_volume": 3112555.55,
        "trend": 37.519939,
        "fair_value": 31.560496,
        "relative_strength": -3.403825,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.335096,
        "energy": 42.31674,
        "activity_lines": [
          39.077429,
          38.995,
          38.749642,
          38.307955
        ]
      },
      {
        "date": "2024-08-02",
        "close": 36.962942,
        "volume": 4008012,
        "typical_volume": 3176190.55,
        "trend": 37.606136,
        "fair_value": 31.610007,
        "relative_strength": -5.737183,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 4.442196,
        "energy": 7.991026,
        "activity_lines": [
          38.358653,
          38.630072,
          38.609467,
          38.27202
        ]
      },
      {
        "date": "2024-08-09",
        "close": 37.16902,
        "volume": 5331020,
        "typical_volume": 3318800.05,
        "trend": 37.684611,
        "fair_value": 31.658585,
        "relative_strength": -5.106151,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": -8.894102,
        "energy": 23.543715,
        "activity_lines": [
          37.832217,
          38.339929,
          38.490044,
          38.243819
        ]
      },
      {
        "date": "2024-08-16",
        "close": 38.452325,
        "volume": 1916125,
        "typical_volume": 3305084.7,
        "trend": 37.81114,
        "fair_value": 31.718231,
        "relative_strength": -5.484312,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.07194,
        "energy": 20.912976,
        "activity_lines": [
          37.879678,
          38.318036,
          38.496621,
          38.293348
        ]
      },
      {
        "date": "2024-08-23",
        "close": 38.930052,
        "volume": 2037463,
        "typical_volume": 3212856.9,
        "trend": 37.934034,
        "fair_value": 31.779666,
        "relative_strength": -5.509638,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.049088,
        "energy": 20.101281,
        "activity_lines": [
          38.175681,
          38.395441,
          38.547118,
          38.365536
        ]
      },
      {
        "date": "2024-08-30",
        "close": 39.445248,
        "volume": 1886694,
        "typical_volume": 3121482.65,
        "trend": 38.067582,
        "fair_value": 31.84215,
        "relative_strength": -4.420211,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.788939,
        "energy": 20.595503,
        "activity_lines": [
          38.640294,
          38.555705,
          38.640479,
          38.463034
        ]
      },
      {
        "date": "2024-09-06",
        "close": 37.618645,
        "volume": 2418253,
        "typical_volume": 3027180.0,
        "trend": 38.133413,
        "fair_value": 31.894345,
        "relative_strength": -4.787931,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.592511,
        "energy": 11.638776,
        "activity_lines": [
          38.449203,
          38.367169,
          38.550114,
          38.43407
        ]
      },
      {
        "date": "2024-09-13",
        "close": 38.442958,
        "volume": 1844251,
        "typical_volume": 2936004.55,
        "trend": 38.21182,
        "fair_value": 31.952119,
        "relative_strength": -6.264477,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.465624,
        "energy": 16.953296,
        "activity_lines": [
          38.48917,
          38.350308,
          38.535192,
          38.454041
        ]
      },
      {
        "date": "2024-09-20",
        "close": 38.742708,
        "volume": 2084644,
        "typical_volume": 2834801.2,
        "trend": 38.281901,
        "fair_value": 32.011961,
        "relative_strength": -6.635912,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 34.678876,
        "energy": 16.494795,
        "activity_lines": [
          38.544124,
          38.404638,
          38.546221,
          38.488292
        ]
      },
      {
        "date": "2024-09-27",
        "close": 39.323474,
        "volume": 1679119,
        "typical_volume": 2775172.05,
        "trend": 38.362027,
        "fair_value": 32.079004,
        "relative_strength": -5.566726,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 43.710507,
        "energy": 18.800149,
        "activity_lines": [
          38.773308,
          38.583636,
          38.608581,
          38.55549
        ]
      },
      {
        "date": "2024-10-04",
        "close": 39.632591,
        "volume": 2915030,
        "typical_volume": 2792367.5,
        "trend": 38.447179,
        "fair_value": 32.148322,
        "relative_strength": -4.899032,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 58.846497,
        "energy": 40.816645,
        "activity_lines": [
          39.079302,
          38.810833,
          38.697716,
          38.637462
        ]
      },
      {
        "date": "2024-10-11",
        "close": 39.679427,
        "volume": 1683808,
        "typical_volume": 2753182.15,
        "trend": 38.529857,
        "fair_value": 32.213091,
        "relative_strength": -5.680292,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 58.384782,
        "energy": 51.99873,
        "activity_lines": [
          39.38842,
          39.030366,
          38.788993,
          38.716962
        ]
      },
      {
        "date": "2024-10-18",
        "close": 39.707529,
        "volume": 3304361,
        "typical_volume": 2810981.3,
        "trend": 38.588013,
        "fair_value": 32.277599,
        "relative_strength": -6.230713,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.112442,
        "energy": 57.843205,
        "activity_lines": [
          39.569519,
          39.205618,
          38.879784,
          38.792941
        ]
      },
      {
        "date": "2024-10-25",
        "close": 39.117396,
        "volume": 2106871,
        "typical_volume": 2737475.4,
        "trend": 38.621221,
        "fair_value": 32.337442,
        "relative_strength": -6.507315,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.494224,
        "energy": 50.359464,
        "activity_lines": [
          39.469602,
          39.227418,
          38.91143,
          38.827094
        ]
      },
      {
        "date": "2024-11-01",
        "close": 38.967521,
        "volume": 2445807,
        "typical_volume": 2729588.1,
        "trend": 38.665887,
        "fair_value": 32.392994,
        "relative_strength": -5.364144,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.180132,
        "energy": 32.914795,
        "activity_lines": [
          39.294748,
          39.209876,
          38.928892,
          38.849436
        ]
      },
      {
        "date": "2024-11-08",
        "close": 38.986255,
        "volume": 2383049,
        "typical_volume": 2751329.95,
        "trend": 38.718939,
        "fair_value": 32.448126,
        "relative_strength": -9.3758,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.094245,
        "energy": 18.200216,
        "activity_lines": [
          39.149869,
          39.195058,
          38.945129,
          38.870105
        ]
      },
      {
        "date": "2024-11-15",
        "close": 38.677138,
        "volume": 2241731,
        "typical_volume": 2686787.75,
        "trend": 38.775658,
        "fair_value": 32.502208,
        "relative_strength": -7.963082,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 23.517891,
        "energy": 15.967627,
        "activity_lines": [
          38.94504,
          39.132383,
          38.92974,
          38.867408
        ]
      },
      {
        "date": "2024-11-22",
        "close": 39.145497,
        "volume": 2959208,
        "typical_volume": 2675111.9,
        "trend": 38.817253,
        "fair_value": 32.566836,
        "relative_strength": -8.155149,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 29.14955,
        "energy": 16.892717,
        "activity_lines": [
          38.963149,
          39.135619,
          38.959626,
          38.891269
        ]
      },
      {
        "date": "2024-11-29",
        "close": 39.079927,
        "volume": 2413945,
        "typical_volume": 2588551.7,
        "trend": 38.856352,
        "fair_value": 32.630897,
        "relative_strength": -9.149703,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 28.102289,
        "energy": 14.40324,
        "activity_lines": [
          38.996871,
          39.11416,
          38.984292,
          38.908216
        ]
      },
      {
        "date": "2024-12-06",
        "close": 39.726263,
        "volume": 2537290,
        "typical_volume": 2551282.55,
        "trend": 38.888434,
        "fair_value": 32.694546,
        "relative_strength": -8.217986,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 57.298047,
        "energy": 26.507104,
        "activity_lines": [
          39.248536,
          39.204085,
          39.073905,
          38.964339
        ]
      },
      {
        "date": "2024-12-13",
        "close": 39.623224,
        "volume": 2052978,
        "typical_volume": 2512482.95,
        "trend": 38.904352,
        "fair_value": 32.759155,
        "relative_strength": -7.725212,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 55.707931,
        "energy": 42.785355,
        "activity_lines": [
          39.415272,
          39.267952,
          39.14969,
          39.011745
        ]
      },
      {
        "date": "2024-12-20",
        "close": 38.665017,
        "volume": 3325441,
        "typical_volume": 2478354.4,
        "trend": 38.892677,
        "fair_value": 32.814122,
        "relative_strength": -8.073484,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 32.879425,
        "energy": 19.395173,
        "activity_lines": [
          39.220141,
          39.15777,
          39.130025,
          38.996304
        ]
      },
      {
        "date": "2024-12-27",
        "close": 39.325473,
        "volume": 1794532,
        "typical_volume": 2301530.0,
        "trend": 38.900533,
        "fair_value": 32.872633,
        "relative_strength": -6.926161,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 48.340799,
        "energy": 27.928689,
        "activity_lines": [
          39.245971,
          39.186115,
          39.165154,
          39.024226
        ]
      },
      {
        "date": "2025-01-03",
        "close": 39.334908,
        "volume": 3470385,
        "typical_volume": 2379243.0,
        "trend": 38.907151,
        "fair_value": 32.930711,
        "relative_strength": -6.220431,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.415405,
        "energy": 21.163174,
        "activity_lines": [
          39.262946,
          39.223122,
          39.190914,
          39.05225
        ]
      },
      {
        "date": "2025-01-10",
        "close": 39.382084,
        "volume": 3120387,
        "typical_volume": 2433389.2,
        "trend": 38.942041,
        "fair_value": 32.98993,
        "relative_strength": -4.09481,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.527978,
        "energy": 18.940558,
        "activity_lines": [
          39.278649,
          39.264751,
          39.216963,
          39.082891
        ]
      },
      {
        "date": "2025-01-17",
        "close": 40.080281,
        "volume": 5379414,
        "typical_volume": 2608025.2,
        "trend": 38.993808,
        "fair_value": 33.059342,
        "relative_strength": -5.039102,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 65.907377,
        "energy": 44.753606,
        "activity_lines": [
          39.550029,
          39.425788,
          39.307356,
          39.156326
        ]
      },
      {
        "date": "2025-01-24",
        "close": 40.778478,
        "volume": 2509512,
        "typical_volume": 2612588.15,
        "trend": 39.059169,
        "fair_value": 33.134512,
        "relative_strength": -4.876446,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.290374,
        "energy": 68.257245,
        "activity_lines": [
          40.02367,
          39.693878,
          39.461219,
          39.271466
        ]
      },
      {
        "date": "2025-01-31",
        "close": 41.061531,
        "volume": 3583085,
        "typical_volume": 2699529.85,
        "trend": 39.115856,
        "fair_value": 33.210461,
        "relative_strength": -3.121693,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.799362,
        "energy": 78.412831,
        "activity_lines": [
          40.450766,
          39.975226,
          39.626992,
          39.400651
        ]
      },
      {
        "date": "2025-02-07",
        "close": 41.033225,
        "volume": 4231139,
        "typical_volume": 2806854.6,
        "trend": 39.157235,
        "fair_value": 33.286376,
        "relative_strength": -2.920473,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.973306,
        "energy": 79.574557,
        "activity_lines": [
          40.752689,
          40.216591,
          39.777601,
          39.524352
        ]
      },
      {
        "date": "2025-02-14",
        "close": 41.844644,
        "volume": 3810432,
        "typical_volume": 2913420.25,
        "trend": 39.25595,
        "fair_value": 33.368577,
        "relative_strength": -2.329366,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.895222,
        "energy": 87.425087,
        "activity_lines": [
          41.211863,
          40.569972,
          39.99458,
          39.697733
        ]
      },
      {
        "date": "2025-02-21",
        "close": 41.420064,
        "volume": 2714792,
        "typical_volume": 2903408.35,
        "trend": 39.345195,
        "fair_value": 33.448895,
        "relative_strength": -1.639034,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.048947,
        "energy": 80.922502,
        "activity_lines": [
          41.365341,
          40.807641,
          40.159117,
          39.837353
        ]
      },
      {
        "date": "2025-02-28",
        "close": 41.825773,
        "volume": 5712959,
        "typical_volume": 3104865.9,
        "trend": 39.507289,
        "fair_value": 33.543594,
        "relative_strength": 0.356539,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.628103,
        "energy": 79.987104,
        "activity_lines": [
          41.564736,
          41.086405,
          40.353782,
          39.997391
        ]
      },
      {
        "date": "2025-03-07",
        "close": 41.995605,
        "volume": 5057435,
        "typical_volume": 3192519.6,
        "trend": 39.668175,
        "fair_value": 33.638889,
        "relative_strength": 3.972153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.65882,
        "energy": 74.465416,
        "activity_lines": [
          41.750921,
          41.338579,
          40.554401,
          40.157927
        ]
      },
      {
        "date": "2025-03-14",
        "close": 41.580461,
        "volume": 5403596,
        "typical_volume": 3357355.85,
        "trend": 39.772447,
        "fair_value": 33.719841,
        "relative_strength": 5.336199,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.459048,
        "energy": 52.416804,
        "activity_lines": [
          41.736454,
          41.466725,
          40.704586,
          40.2813
        ]
      },
      {
        "date": "2025-03-21",
        "close": 41.750293,
        "volume": 3431459,
        "typical_volume": 3406638.45,
        "trend": 39.866455,
        "fair_value": 33.800845,
        "relative_strength": 5.222965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.271908,
        "energy": 51.252684,
        "activity_lines": [
          41.742116,
          41.584921,
          40.859217,
          40.408903
        ]
      },
      {
        "date": "2025-03-28",
        "close": 41.137011,
        "volume": 2495137,
        "typical_volume": 3412242.85,
        "trend": 39.922847,
        "fair_value": 33.876736,
        "relative_strength": 5.223138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.180806,
        "energy": 41.594433,
        "activity_lines": [
          41.54964,
          41.548553,
          40.942189,
          40.490875
        ]
      },
      {
        "date": "2025-04-04",
        "close": 37.155402,
        "volume": 5598193,
        "typical_volume": 3580065.95,
        "trend": 39.907405,
        "fair_value": 33.928385,
        "relative_strength": 4.513782,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -5.728084,
        "energy": 19.02266,
        "activity_lines": [
          40.048831,
          40.769043,
          40.635718,
          40.31233
        ]
      },
      {
        "date": "2025-04-11",
        "close": 37.891339,
        "volume": 8089683,
        "typical_volume": 3836589.7,
        "trend": 39.889018,
        "fair_value": 33.985836,
        "relative_strength": 0.95016,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.168965,
        "energy": 38.255301,
        "activity_lines": [
          39.104692,
          40.189213,
          40.406583,
          40.182261
        ]
      },
      {
        "date": "2025-04-18",
        "close": 38.589536,
        "volume": 4348033,
        "typical_volume": 3933294.1,
        "trend": 39.883912,
        "fair_value": 34.049241,
        "relative_strength": 4.347021,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.920297,
        "energy": 39.399667,
        "activity_lines": [
          38.666904,
          39.793969,
          40.249915,
          40.098424
        ]
      },
      {
        "date": "2025-04-25",
        "close": 40.231242,
        "volume": 3191949,
        "typical_volume": 3966027.05,
        "trend": 39.914171,
        "fair_value": 34.124699,
        "relative_strength": 4.068991,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.550889,
        "energy": 34.228338,
        "activity_lines": [
          38.975746,
          39.741647,
          40.251935,
          40.120832
        ]
      },
      {
        "date": "2025-05-02",
        "close": 41.335148,
        "volume": 2830119,
        "typical_volume": 4004884.1,
        "trend": 39.970923,
        "fair_value": 34.209648,
        "relative_strength": 3.944529,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 2.914996,
        "energy": 11.567487,
        "activity_lines": [
          39.753826,
          39.91937,
          40.356684,
          40.212508
        ]
      },
      {
        "date": "2025-05-09",
        "close": 41.438934,
        "volume": 2408175,
        "typical_volume": 3959020.8,
        "trend": 40.029573,
        "fair_value": 34.29467,
        "relative_strength": 4.708082,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 41.767335,
        "energy": 24.614782,
        "activity_lines": [
          40.553293,
          40.117506,
          40.463166,
          40.307218
        ]
      },
      {
        "date": "2025-05-16",
        "close": 42.325833,
        "volume": 2821871,
        "typical_volume": 4010387.75,
        "trend": 40.11685,
        "fair_value": 34.385724,
        "relative_strength": 1.676234,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 54.867918,
        "energy": 41.353117,
        "activity_lines": [
          41.362824,
          40.483931,
          40.640905,
          40.455364
        ]
      },
      {
        "date": "2025-05-23",
        "close": 41.9673,
        "volume": 3740337,
        "typical_volume": 4023885.35,
        "trend": 40.211847,
        "fair_value": 34.469795,
        "relative_strength": 3.503239,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 58.557762,
        "energy": 45.619525,
        "activity_lines": [
          41.757211,
          40.779164,
          40.770211,
          40.574748
        ]
      },
      {
        "date": "2025-05-30",
        "close": 42.46736,
        "volume": 2309863,
        "typical_volume": 3983359.15,
        "trend": 40.328508,
        "fair_value": 34.557516,
        "relative_strength": 2.994887,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.209258,
        "energy": 64.441061,
        "activity_lines": [
          42.093101,
          41.158283,
          40.934606,
          40.720265
        ]
      },
      {
        "date": "2025-06-06",
        "close": 42.891939,
        "volume": 2496947,
        "typical_volume": 3839235.8,
        "trend": 40.458698,
        "fair_value": 34.653381,
        "relative_strength": 2.405782,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.764349,
        "energy": 69.751078,
        "activity_lines": [
          42.421442,
          41.601561,
          41.124746,
          40.885648
        ]
      },
      {
        "date": "2025-06-13",
        "close": 42.335268,
        "volume": 3059002,
        "typical_volume": 3866710.3,
        "trend": 40.580635,
        "fair_value": 34.753713,
        "relative_strength": 1.456085,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.734171,
        "energy": 60.323733,
        "activity_lines": [
          42.460441,
          41.911718,
          41.24848,
          41.006717
        ]
      },
      {
        "date": "2025-06-20",
        "close": 41.966356,
        "volume": 2378657,
        "typical_volume": 3806488.9,
        "trend": 40.674664,
        "fair_value": 34.846356,
        "relative_strength": 0.761918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.623786,
        "energy": 44.16645,
        "activity_lines": [
          42.316713,
          42.060621,
          41.329667,
          41.096118
        ]
      },
      {
        "date": "2025-06-27",
        "close": 42.882482,
        "volume": 4243279,
        "typical_volume": 3807095.9,
        "trend": 40.801416,
        "fair_value": 34.946221,
        "relative_strength": -0.425132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.501824,
        "energy": 42.117841,
        "activity_lines": [
          42.502325,
          42.302001,
          41.493795,
          41.238558
        ]
      },
      {
        "date": "2025-07-04",
        "close": 42.96045,
        "volume": 3308763,
        "typical_volume": 3782012.45,
        "trend": 40.909222,
        "fair_value": 35.045387,
        "relative_strength": -1.823018,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.549905,
        "energy": 45.805806,
        "activity_lines": [
          42.652915,
          42.479504,
          41.656543,
          41.37785
        ]
      },
      {
        "date": "2025-07-11",
        "close": 42.931212,
        "volume": 3513152,
        "typical_volume": 3821930.45,
        "trend": 41.019488,
        "fair_value": 35.145115,
        "relative_strength": -1.535378,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.004449,
        "energy": 56.203831,
        "activity_lines": [
          42.760886,
          42.602068,
          41.811193,
          41.508301
        ]
      },
      {
        "date": "2025-07-18",
        "close": 42.950704,
        "volume": 3541763,
        "typical_volume": 3713370.65,
        "trend": 41.162345,
        "fair_value": 35.241818,
        "relative_strength": -2.024188,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.832832,
        "energy": 63.313159,
        "activity_lines": [
          42.872736,
          42.699158,
          41.960503,
          41.632896
        ]
      },
      {
        "date": "2025-07-25",
        "close": 43.730386,
        "volume": 3151931,
        "typical_volume": 3618095.45,
        "trend": 41.309175,
        "fair_value": 35.33872,
        "relative_strength": -1.644038,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.66099,
        "energy": 77.67374,
        "activity_lines": [
          43.203451,
          42.91052,
          42.178711,
          41.798576
        ]
      },
      {
        "date": "2025-08-01",
        "close": 42.66807,
        "volume": 5005608,
        "typical_volume": 3598196.05,
        "trend": 41.42028,
        "fair_value": 35.429362,
        "relative_strength": -1.616105,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.138306,
        "energy": 60.870556,
        "activity_lines": [
          43.062459,
          42.903198,
          42.287486,
          41.886247
        ]
      },
      {
        "date": "2025-08-08",
        "close": 43.925306,
        "volume": 3504574,
        "typical_volume": 3601851.8,
        "trend": 41.571721,
        "fair_value": 35.525114,
        "relative_strength": -1.1292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.848377,
        "energy": 64.344675,
        "activity_lines": [
          43.354839,
          43.111722,
          42.510819,
          42.047861
        ]
      },
      {
        "date": "2025-08-15",
        "close": 44.666003,
        "volume": 2331761,
        "typical_volume": 3593683.0,
        "trend": 41.724578,
        "fair_value": 35.627064,
        "relative_strength": -0.417748,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.916997,
        "energy": 79.895511,
        "activity_lines": [
          43.829795,
          43.42841,
          42.794337,
          42.247492
        ]
      },
      {
        "date": "2025-08-22",
        "close": 44.987622,
        "volume": 2384484,
        "typical_volume": 3432997.55,
        "trend": 41.864883,
        "fair_value": 35.735525,
        "relative_strength": 0.019689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.121687,
        "energy": 84.653292,
        "activity_lines": [
          44.296304,
          43.771319,
          43.091681,
          42.458011
        ]
      },
      {
        "date": "2025-08-29",
        "close": 44.276163,
        "volume": 2947624,
        "typical_volume": 3175894.6,
        "trend": 41.972038,
        "fair_value": 35.843674,
        "relative_strength": -1.462382,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.298701,
        "energy": 81.141814,
        "activity_lines": [
          44.389866,
          43.936647,
          43.28397,
          42.613578
        ]
      },
      {
        "date": "2025-09-05",
        "close": 44.402861,
        "volume": 2691228,
        "typical_volume": 3093054.35,
        "trend": 42.084359,
        "fair_value": 35.947487,
        "relative_strength": -1.463656,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.605443,
        "energy": 78.102372,
        "activity_lines": [
          44.489276,
          44.083014,
          43.457922,
          42.770405
        ]
      },
      {
        "date": "2025-09-12",
        "close": 44.860924,
        "volume": 3199313,
        "typical_volume": 3093422.55,
        "trend": 42.184902,
        "fair_value": 36.058835,
        "relative_strength": -1.959763,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.833242,
        "energy": 70.936525,
        "activity_lines": [
          44.62572,
          44.285023,
          43.647817,
          42.949538
        ]
      },
      {
        "date": "2025-09-19",
        "close": 44.948638,
        "volume": 3238866,
        "typical_volume": 3113859.9,
        "trend": 42.302521,
        "fair_value": 36.176994,
        "relative_strength": -2.932503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.355715,
        "energy": 59.069323,
        "activity_lines": [
          44.729028,
          44.468425,
          43.824019,
          43.127844
        ]
      },
      {
        "date": "2025-09-26",
        "close": 45.055844,
        "volume": 2127594,
        "typical_volume": 3099830.85,
        "trend": 42.41019,
        "fair_value": 36.29844,
        "relative_strength": -2.382473,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.862321,
        "energy": 60.518846,
        "activity_lines": [
          44.849229,
          44.634639,
          43.993224,
          43.305478
        ]
      },
      {
        "date": "2025-10-03",
        "close": 46.030446,
        "volume": 3325485,
        "typical_volume": 3125011.55,
        "trend": 42.544684,
        "fair_value": 36.422284,
        "relative_strength": -1.33892,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.162528,
        "energy": 73.334542,
        "activity_lines": [
          45.289749,
          44.939778,
          44.238025,
          43.539042
        ]
      },
      {
        "date": "2025-10-10",
        "close": 45.270257,
        "volume": 3256235,
        "typical_volume": 3100806.45,
        "trend": 42.667678,
        "fair_value": 36.542555,
        "relative_strength": -0.563549,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.810262,
        "energy": 58.396098,
        "activity_lines": [
          45.35992,
          45.064881,
          44.392786,
          43.714886
        ]
      },
      {
        "date": "2025-10-17",
        "close": 46.303335,
        "volume": 9911735,
        "typical_volume": 3480900.05,
        "trend": 42.819446,
        "fair_value": 36.665249,
        "relative_strength": -0.061021,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.179438,
        "energy": 68.198234,
        "activity_lines": [
          45.716624,
          45.330505,
          44.630207,
          43.949444
        ]
      },
      {
        "date": "2025-10-24",
        "close": 46.722413,
        "volume": 2493480,
        "typical_volume": 3480726.7,
        "trend": 43.005626,
        "fair_value": 36.78668,
        "relative_strength": -1.088146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.203231,
        "energy": 80.791413,
        "activity_lines": [
          46.116861,
          45.629087,
          44.889273,
          44.201249
        ]
      },
      {
        "date": "2025-10-31",
        "close": 46.87835,
        "volume": 3025897,
        "typical_volume": 3479071.45,
        "trend": 43.329724,
        "fair_value": 36.906111,
        "relative_strength": -1.448785,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.618121,
        "energy": 84.990421,
        "activity_lines": [
          46.450824,
          45.918633,
          45.144951,
          44.451102
        ]
      },
      {
        "date": "2025-11-07",
        "close": 46.673683,
        "volume": 2697917,
        "typical_volume": 3495034.45,
        "trend": 43.622469,
        "fair_value": 37.01798,
        "relative_strength": -0.356157,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.09836,
        "energy": 85.692489,
        "activity_lines": [
          46.595065,
          46.136589,
          45.359502,
          44.666841
        ]
      },
      {
        "date": "2025-11-14",
        "close": 47.063524,
        "volume": 1902911,
        "typical_volume": 3378016.05,
        "trend": 43.904935,
        "fair_value": 37.132149,
        "relative_strength": 0.243848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.437946,
        "energy": 84.614001,
        "activity_lines": [
          46.826371,
          46.381834,
          45.588766,
          44.888845
        ]
      },
      {
        "date": "2025-11-21",
        "close": 46.235112,
        "volume": 2664470,
        "typical_volume": 3345801.4,
        "trend": 44.105064,
        "fair_value": 37.238209,
        "relative_strength": 0.306909,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.35218,
        "energy": 59.401713,
        "activity_lines": [
          46.661988,
          46.428084,
          45.719223,
          45.039179
        ]
      },
      {
        "date": "2025-11-28",
        "close": 47.209714,
        "volume": 1675578,
        "typical_volume": 3253922.7,
        "trend": 44.300883,
        "fair_value": 37.350865,
        "relative_strength": -1.322887,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.61545,
        "energy": 60.221147,
        "activity_lines": [
          46.82702,
          46.626548,
          45.926906,
          45.239479
        ]
      },
      {
        "date": "2025-12-05",
        "close": 47.307174,
        "volume": 2206792,
        "typical_volume": 3187174.15,
        "trend": 44.496491,
        "fair_value": 37.465671,
        "relative_strength": -1.527701,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.931876,
        "energy": 59.404612,
        "activity_lines": [
          46.992053,
          46.801622,
          46.123497,
          45.433433
        ]
      },
      {
        "date": "2025-12-12",
        "close": 47.453365,
        "volume": 6897465,
        "typical_volume": 3374450.85,
        "trend": 44.667409,
        "fair_value": 37.584479,
        "relative_strength": -0.742043,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.451711,
        "energy": 57.954144,
        "activity_lines": [
          47.177227,
          46.962342,
          46.313266,
          45.624199
        ]
      },
      {
        "date": "2025-12-19",
        "close": 47.99,
        "volume": 2291787,
        "typical_volume": 3238759.8,
        "trend": 44.868165,
        "fair_value": 37.706215,
        "relative_strength": 0.140509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.159277,
        "energy": 63.782654,
        "activity_lines": [
          47.489301,
          47.194762,
          46.536415,
          45.83856
        ]
      },
      {
        "date": "2025-12-26",
        "close": 48.25,
        "volume": 1960213,
        "typical_volume": 3161541.75,
        "trend": 45.06092,
        "fair_value": 37.83184,
        "relative_strength": -0.816713,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.877434,
        "energy": 72.844484,
        "activity_lines": [
          47.826277,
          47.425004,
          46.758983,
          46.056743
        ]
      },
      {
        "date": "2026-01-02",
        "close": 48.65,
        "volume": 2606433,
        "typical_volume": 3175275.35,
        "trend": 45.252855,
        "fair_value": 37.952506,
        "relative_strength": 0.940966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.896571,
        "energy": 83.474106,
        "activity_lines": [
          48.16226,
          47.69258,
          46.999052,
          46.288296
        ]
      },
      {
        "date": "2026-01-09",
        "close": 49.91,
        "volume": 4168330,
        "typical_volume": 3264467.65,
        "trend": 45.505346,
        "fair_value": 38.077603,
        "relative_strength": 1.838153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.265808,
        "energy": 94.676965,
        "activity_lines": [
          48.822224,
          48.1542,
          47.34015,
          46.588757
        ]
      },
      {
        "date": "2026-01-16",
        "close": 50.34,
        "volume": 2723086,
        "typical_volume": 3253240.75,
        "trend": 45.784468,
        "fair_value": 38.204145,
        "relative_strength": 2.935368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.72702,
        "energy": 95.83582,
        "activity_lines": [
          49.452,
          48.63888,
          47.69876,
          46.90067
        ]
      },
      {
        "date": "2026-01-23",
        "close": 49.64,
        "volume": 3385970,
        "typical_volume": 3287977.85,
        "trend": 46.009719,
        "fair_value": 38.324889,
        "relative_strength": 1.746648,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.098039,
        "energy": 87.283167,
        "activity_lines": [
          49.656,
          48.929628,
          47.961829,
          47.149414
        ]
      },
      {
        "date": "2026-01-30",
        "close": 49.77,
        "volume": 4158893,
        "typical_volume": 3335956.85,
        "trend": 46.236704,
        "fair_value": 38.444472,
        "relative_strength": 1.52925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.633052,
        "energy": 84.041442,
        "activity_lines": [
          49.793333,
          49.197166,
          48.212339,
          47.392013
        ]
      },
      {
        "date": "2026-02-06",
        "close": 50.95,
        "volume": 4695802,
        "typical_volume": 3408803.65,
        "trend": 46.503996,
        "fair_value": 38.572873,
        "relative_strength": 4.007632,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.780686,
        "energy": 80.862716,
        "activity_lines": [
          50.222667,
          49.61498,
          48.551854,
          47.696097
        ]
      },
      {
        "date": "2026-02-13",
        "close": 51.29,
        "volume": 3835254,
        "typical_volume": 3494186.65,
        "trend": 46.781973,
        "fair_value": 38.701458,
        "relative_strength": 5.897476,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.215755,
        "energy": 72.490432,
        "activity_lines": [
          50.612,
          50.026607,
          48.895172,
          48.004871
        ]
      },
      {
        "date": "2026-02-20",
        "close": 52.08,
        "volume": 3067245,
        "typical_volume": 3481274.65,
        "trend": 47.060293,
        "fair_value": 38.837844,
        "relative_strength": 6.167166,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.957216,
        "energy": 89.272417,
        "activity_lines": [
          51.172667,
          50.509455,
          49.284042,
          48.346679
        ]
      },
      {
        "date": "2026-02-27",
        "close": 52.33,
        "volume": 2799891,
        "typical_volume": 3458457.45,
        "trend": 47.382358,
        "fair_value": 38.971671,
        "relative_strength": 7.065115,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.628173,
        "energy": 93.05207,
        "activity_lines": [
          51.700667,
          50.953636,
          49.667914,
          48.68666
        ]
      },
      {
        "date": "2026-03-06",
        "close": 49.49,
        "volume": 5455918,
        "typical_volume": 3235666.6,
        "trend": 47.567848,
        "fair_value": 39.093221,
        "relative_strength": 3.30884,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.264655,
        "energy": 64.021707,
        "activity_lines": [
          51.102667,
          50.802545,
          49.747692,
          48.822637
        ]
      },
      {
        "date": "2026-03-13",
        "close": 49.18,
        "volume": 4155025,
        "typical_volume": 3318743.85,
        "trend": 47.718314,
        "fair_value": 39.218709,
        "relative_strength": 4.239498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.764276,
        "energy": 43.849605,
        "activity_lines": [
          50.42,
          50.572545,
          49.782771,
          48.926647
        ]
      },
      {
        "date": "2026-03-20",
        "close": 47.54,
        "volume": 4500062,
        "typical_volume": 3392452.1,
        "trend": 47.803393,
        "fair_value": 39.330665,
        "relative_strength": 2.654297,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 9.858132,
        "energy": 19.410511,
        "activity_lines": [
          49.308667,
          50.034727,
          49.649957,
          48.915143
        ]
      },
      {
        "date": "2026-03-27",
        "close": 47.96,
        "volume": 4871620,
        "typical_volume": 3501137.25,
        "trend": 47.926188,
        "fair_value": 39.437505,
        "relative_strength": 5.904617,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.448042,
        "energy": 27.315249,
        "activity_lines": [
          48.587333,
          49.616364,
          49.553992,
          48.925247
        ]
      },
      {
        "date": "2026-04-03",
        "close": 50.04,
        "volume": 4571660,
        "typical_volume": 3634574.7,
        "trend": 48.114093,
        "fair_value": 39.55785,
        "relative_strength": 6.779502,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.642627,
        "energy": 25.035639,
        "activity_lines": [
          48.834,
          49.619455,
          49.649998,
          49.061622
        ]
      },
      {
        "date": "2026-04-10",
        "close": 51.58,
        "volume": 4126014,
        "typical_volume": 3707651.9,
        "trend": 48.338062,
        "fair_value": 39.684534,
        "relative_strength": 6.119803,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.669473,
        "energy": 24.745208,
        "activity_lines": [
          49.746667,
          49.895273,
          49.878496,
          49.285229
        ]
      },
      {
        "date": "2026-04-17",
        "close": 52.4,
        "volume": 3183002,
        "typical_volume": 3783023.1,
        "trend": 48.586441,
        "fair_value": 39.814992,
        "relative_strength": 3.159278,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 70.035628,
        "energy": 43.49604,
        "activity_lines": [
          50.793333,
          50.287273,
          50.159638,
          49.547289
        ]
      },
      {
        "date": "2026-04-24",
        "close": 51.27,
        "volume": 2563286,
        "typical_volume": 3800847.8,
        "trend": 48.793579,
        "fair_value": 39.937979,
        "relative_strength": 0.45382,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.557594,
        "energy": 51.745407,
        "activity_lines": [
          51.248667,
          50.447455,
          50.308445,
          49.720422
        ]
      },
      {
        "date": "2026-05-01",
        "close": 51.19,
        "volume": 2476860,
        "typical_volume": 3579817.55,
        "trend": 48.965564,
        "fair_value": 40.060567,
        "relative_strength": -0.563613,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.701594,
        "energy": 59.022271,
        "activity_lines": [
          51.428667,
          50.593455,
          50.430762,
          49.87503
        ]
      },
      {
        "date": "2026-05-08",
        "close": 51.94,
        "volume": 2204938,
        "typical_volume": 3575475.1,
        "trend": 49.187889,
        "fair_value": 40.187449,
        "relative_strength": -1.325514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.671062,
        "energy": 61.673625,
        "activity_lines": [
          51.643333,
          50.892,
          50.606714,
          50.066929
        ]
      },
      {
        "date": "2026-05-15",
        "close": 51.61,
        "volume": 1962873,
        "typical_volume": 3575608.1,
        "trend": 49.364778,
        "fair_value": 40.309538,
        "relative_strength": -2.099283,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.93004,
        "energy": 38.636215,
        "activity_lines": [
          51.621333,
          51.137636,
          50.732429,
          50.223194
        ]
      },
      {
        "date": "2026-05-22",
        "close": 52.79,
        "volume": 1899283,
        "typical_volume": 3540250.6,
        "trend": 49.567031,
        "fair_value": 40.441072,
        "relative_strength": -0.66281,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.640548,
        "energy": 43.241657,
        "activity_lines": [
          51.990667,
          51.559273,
          50.954524,
          50.444176
        ]
      },
      {
        "date": "2026-05-29",
        "close": 52.98,
        "volume": 1261801,
        "typical_volume": 3394924.15,
        "trend": 49.770419,
        "fair_value": 40.572399,
        "relative_strength": -1.658373,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.960675,
        "energy": 48.299795,
        "activity_lines": [
          52.397333,
          51.949818,
          51.175,
          50.664368
        ]
      },
      {
        "date": "2026-06-05",
        "close": 52.26,
        "volume": 2198387,
        "typical_volume": 3368689.2,
        "trend": 49.95663,
        "fair_value": 40.699737,
        "relative_strength": -0.463326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.205706,
        "energy": 47.123479,
        "activity_lines": [
          52.45,
          52.110545,
          51.312286,
          50.824986
        ]
      },
      {
        "date": "2026-06-12",
        "close": 53.69,
        "volume": 2181256,
        "typical_volume": 3308453.5,
        "trend": 50.177512,
        "fair_value": 40.83231,
        "relative_strength": 1.663269,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.493198,
        "energy": 64.211645,
        "activity_lines": [
          52.908,
          52.453091,
          51.576619,
          51.065848
        ]
      },
      {
        "date": "2026-06-19",
        "close": 54.7,
        "volume": 1794423,
        "typical_volume": 3190230.0,
        "trend": 50.459675,
        "fair_value": 40.976809,
        "relative_strength": 2.570767,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.708374,
        "energy": 76.716053,
        "activity_lines": [
          53.586,
          52.912909,
          51.917857,
          51.357622
        ]
      },
      {
        "date": "2026-06-26",
        "close": 53.98,
        "volume": 2726137,
        "typical_volume": 3091746.75,
        "trend": 50.685351,
        "fair_value": 41.111861,
        "relative_strength": 3.586539,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.639162,
        "energy": 71.713725,
        "activity_lines": [
          53.818,
          53.185091,
          52.167048,
          51.58474
        ]
      },
      {
        "date": "2026-07-03",
        "close": 54.74,
        "volume": 1697484,
        "typical_volume": 2984858.25,
        "trend": 50.933112,
        "fair_value": 41.258228,
        "relative_strength": 2.706303,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.255637,
        "energy": 80.007566,
        "activity_lines": [
          54.224,
          53.566727,
          52.47419,
          51.84633
        ]
      },
      {
        "date": "2026-07-10",
        "close": 54.77,
        "volume": 3248070,
        "typical_volume": 2993899.5,
        "trend": 51.177,
        "fair_value": 41.400849,
        "relative_strength": 1.298099,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.333306,
        "energy": 79.800067,
        "activity_lines": [
          54.522667,
          53.890727,
          52.767762,
          52.093871
        ]
      },
      {
        "date": "2026-07-17",
        "close": 54.25,
        "volume": 2287916,
        "typical_volume": 2968300.75,
        "trend": 51.385667,
        "fair_value": 41.537155,
        "relative_strength": 1.806686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.211459,
        "energy": 61.689381,
        "activity_lines": [
          54.480667,
          54.055091,
          52.999,
          52.292129
        ]
      },
      {
        "date": "2026-07-24",
        "close": 54.68,
        "volume": 1782763,
        "typical_volume": 2784643.0,
        "trend": 51.6,
        "fair_value": 41.673772,
        "relative_strength": 3.091877,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.381899,
        "energy": 56.825678,
        "activity_lines": [
          54.544667,
          54.255636,
          53.262048,
          52.504667
        ]
      },
      {
        "date": "2026-07-31",
        "close": 54.95,
        "volume": 1684800,
        "typical_volume": 2661131.75,
        "trend": 51.81,
        "fair_value": 41.817667,
        "relative_strength": 2.363218,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.488597,
        "energy": 53.052106,
        "activity_lines": [
          54.7,
          54.449455,
          53.526095,
          52.720796
        ]
      },
      {
        "date": "2026-08-07",
        "close": 56.26,
        "volume": 1698692,
        "typical_volume": 2521063.25,
        "trend": 52.021667,
        "fair_value": 41.96805,
        "relative_strength": 1.16568,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.937427,
        "energy": 60.872316,
        "activity_lines": [
          55.227333,
          54.842182,
          53.887429,
          53.007892
        ]
      }
    ],
    "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."
    }
  }
}