{
  "ticker": {
    "uuid": "2177c3f8-d3f7-437f-9406-3d7ddd93ec48",
    "symbol": "MWOJ",
    "name": "Amundi MSCI USA ESG Selection Extra UCITS ETF DR - USD",
    "exchange": "GER",
    "country": "DE",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^GDAXI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 87.84,
    "architecture_energy": 69.079,
    "architecture_maturity": 66.62,
    "architecture_confidence": 76.127,
    "architecture_tenure": "Developing",
    "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": 14.5,
        "rotation_up": 55.35,
        "upward_expansion": 83.0,
        "deceleration": 70.43,
        "rotation_down": 28.4,
        "downward_expansion": 12.0
      },
      "activity_lines": [
        18.906266,
        18.793127,
        18.510009,
        18.07037
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 19.476,
    "trend_reference": 17.580333,
    "distance_from_trend": 0.107829,
    "trend_direction": "Improving",
    "fair_value": 15.15361,
    "distance_from_fair_value": 0.285238,
    "fair_value_direction": "Improving",
    "relative_strength": 4.910229,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.170433,
    "excess_performance": 0.105793,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.107829,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.037629,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.285238,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.043284,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.049102,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.044211,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.170433,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.962967,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 58098,
      "relative_activity": 1.307596,
      "balance": 4.962967,
      "dry_up": 0.969697,
      "accumulation_observations": 5,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.019298,
      "annualized_volatility": 0.138366,
      "from_high_reference": -0.004396,
      "from_low_reference": 0.253443
    },
    "levels": {
      "trend_reference": 17.580333,
      "fair_value_reference": 15.15361,
      "structural_low": 15.538,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 15,
        "median_return": 0.00184,
        "positive_rate": 0.533333,
        "directional_follow_through": 0.533333,
        "median_excess_return": -0.015499,
        "regime_survival": 0.733333,
        "best_return": 0.203924,
        "worst_return": -0.154419,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.040067,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.031349,
        "regime_survival": 0.2,
        "best_return": 0.071729,
        "worst_return": -0.193786,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.041803,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.016018,
        "regime_survival": 0.333333,
        "best_return": 0.177557,
        "worst_return": -0.112183,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.045455,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.218608,
        "regime_survival": 0.0,
        "best_return": 0.045455,
        "worst_return": 0.045455,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-11",
        "end": "2025-02-14",
        "tenure": "Established",
        "return": 0.072256,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-21",
        "end": "2025-02-28",
        "tenure": "New",
        "return": -0.037665,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.090414,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.149276,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.046224,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-25",
        "end": "2025-08-22",
        "tenure": "Developing",
        "return": 0.016603,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-29",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": 0.04193,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": 0.012094,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-30",
        "end": "2026-02-06",
        "tenure": "New",
        "return": -0.010819,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-02-13",
        "end": "2026-03-27",
        "tenure": "Developing",
        "return": -0.052254,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.071598,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-05-01",
        "tenure": "New",
        "return": 0.002981,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-08",
        "end": "2026-05-22",
        "tenure": "New",
        "return": 0.02315,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-29",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.050485,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 11.24,
        "volume": 5596,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 11.472,
        "volume": 2426,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 11.834,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 11.826,
        "volume": 17000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 11.832,
        "volume": 446,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 11.502,
        "volume": 1171,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 11.522,
        "volume": 914,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 11.478,
        "volume": 7616,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 11.654,
        "volume": 10272,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 11.232,
        "volume": 6163,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 11.002,
        "volume": 11926,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 11.492,
        "volume": 18196,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 11.578,
        "volume": 1571,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 11.74,
        "volume": 21796,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 11.822,
        "volume": 9417,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 11.958,
        "volume": 6109,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 12.144,
        "volume": 2186,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 12.302,
        "volume": 2573,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 12.304,
        "volume": 6159,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 12.332,
        "volume": 453,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 12.234,
        "volume": 3113,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 12.482,
        "volume": 865,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 12.682,
        "volume": 71202,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 12.938,
        "volume": 2581,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 13.07,
        "volume": 790,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 13.32,
        "volume": 4300,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 13.354,
        "volume": 8083,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 13.498,
        "volume": 8850,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 13.552,
        "volume": 11085,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 13.576,
        "volume": 9213,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 13.526,
        "volume": 5067,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 14.004,
        "volume": 1311,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 14.032,
        "volume": 8770,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 13.752,
        "volume": 1429,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 13.882,
        "volume": 8358,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 13.376,
        "volume": 28217,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 13.734,
        "volume": 15171,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 13.602,
        "volume": 12068,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 13.856,
        "volume": 152,
        "typical_volume": 10053.9,
        "trend": 12.812533,
        "fair_value": 11.552181,
        "relative_strength": -0.214174,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.688284,
        "energy": 37.75756,
        "activity_lines": [
          13.7016,
          13.732764,
          13.58981,
          13.290649
        ]
      },
      {
        "date": "2024-05-17",
        "close": 13.966,
        "volume": 676,
        "typical_volume": 10065.05,
        "trend": 12.903667,
        "fair_value": 11.581981,
        "relative_strength": 0.719379,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.072237,
        "energy": 51.24185,
        "activity_lines": [
          13.7936,
          13.774945,
          13.649419,
          13.365067
        ]
      },
      {
        "date": "2024-05-24",
        "close": 14.08,
        "volume": 9360,
        "typical_volume": 10377.4,
        "trend": 13.006267,
        "fair_value": 11.612445,
        "relative_strength": 1.420612,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.938893,
        "energy": 57.133404,
        "activity_lines": [
          13.918,
          13.830764,
          13.712105,
          13.440959
        ]
      },
      {
        "date": "2024-05-31",
        "close": 13.814,
        "volume": 50506,
        "typical_volume": 12859.45,
        "trend": 13.083667,
        "fair_value": 11.63897,
        "relative_strength": 0.415084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.605232,
        "energy": 50.378148,
        "activity_lines": [
          13.9068,
          13.828145,
          13.740667,
          13.493071
        ]
      },
      {
        "date": "2024-06-07",
        "close": 14.306,
        "volume": 96606,
        "typical_volume": 14129.65,
        "trend": 13.1746,
        "fair_value": 11.67072,
        "relative_strength": 3.463431,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.169011,
        "energy": 60.307707,
        "activity_lines": [
          14.054267,
          13.918436,
          13.809743,
          13.571931
        ]
      },
      {
        "date": "2024-06-14",
        "close": 14.628,
        "volume": 96026,
        "typical_volume": 18801.9,
        "trend": 13.270867,
        "fair_value": 11.705512,
        "relative_strength": 8.723138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.242884,
        "energy": 80.040145,
        "activity_lines": [
          14.262133,
          14.062291,
          13.901752,
          13.665699
        ]
      },
      {
        "date": "2024-06-21",
        "close": 14.784,
        "volume": 32235,
        "typical_volume": 20374.15,
        "trend": 13.3696,
        "fair_value": 11.741308,
        "relative_strength": 8.60468,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.650078,
        "energy": 89.853046,
        "activity_lines": [
          14.470533,
          14.218582,
          14.000571,
          13.76332
        ]
      },
      {
        "date": "2024-06-28",
        "close": 14.822,
        "volume": 36128,
        "typical_volume": 21965.55,
        "trend": 13.465067,
        "fair_value": 11.776718,
        "relative_strength": 8.149604,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.375946,
        "energy": 91.407359,
        "activity_lines": [
          14.637067,
          14.365382,
          14.094848,
          13.857024
        ]
      },
      {
        "date": "2024-07-05",
        "close": 14.792,
        "volume": 82650,
        "typical_volume": 25693.9,
        "trend": 13.553333,
        "fair_value": 11.810983,
        "relative_strength": 6.315171,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.688423,
        "energy": 88.839563,
        "activity_lines": [
          14.744133,
          14.480436,
          14.179114,
          13.942632
        ]
      },
      {
        "date": "2024-07-12",
        "close": 14.958,
        "volume": 74040,
        "typical_volume": 28953.4,
        "trend": 13.641867,
        "fair_value": 11.846343,
        "relative_strength": 5.688074,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.141323,
        "energy": 90.210729,
        "activity_lines": [
          14.841333,
          14.606436,
          14.272343,
          14.033256
        ]
      },
      {
        "date": "2024-07-19",
        "close": 14.572,
        "volume": 20738,
        "typical_volume": 29436.05,
        "trend": 13.717467,
        "fair_value": 11.876628,
        "relative_strength": 5.976986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.859091,
        "energy": 66.588047,
        "activity_lines": [
          14.7664,
          14.6376,
          14.321857,
          14.093265
        ]
      },
      {
        "date": "2024-07-26",
        "close": 14.43,
        "volume": 22709,
        "typical_volume": 30110.85,
        "trend": 13.7874,
        "fair_value": 11.904687,
        "relative_strength": 3.351743,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.310462,
        "energy": 52.972454,
        "activity_lines": [
          14.647867,
          14.629927,
          14.35299,
          14.139234
        ]
      },
      {
        "date": "2024-08-02",
        "close": 13.948,
        "volume": 48241,
        "typical_volume": 32269.55,
        "trend": 13.844533,
        "fair_value": 11.926897,
        "relative_strength": 3.998702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 26.601784,
        "energy": 19.83426,
        "activity_lines": [
          14.392267,
          14.526182,
          14.334152,
          14.149596
        ]
      },
      {
        "date": "2024-08-09",
        "close": 13.9,
        "volume": 48847,
        "typical_volume": 34646.35,
        "trend": 13.8918,
        "fair_value": 11.948113,
        "relative_strength": 3.10819,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.801274,
        "energy": 22.386297,
        "activity_lines": [
          14.178933,
          14.416109,
          14.308733,
          14.153174
        ]
      },
      {
        "date": "2024-08-16",
        "close": 14.44,
        "volume": 4362,
        "typical_volume": 34425.95,
        "trend": 13.9504,
        "fair_value": 11.974622,
        "relative_strength": 3.435359,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.398449,
        "energy": 25.725421,
        "activity_lines": [
          14.205067,
          14.402655,
          14.335238,
          14.188542
        ]
      },
      {
        "date": "2024-08-23",
        "close": 14.476,
        "volume": 2968,
        "typical_volume": 34502.9,
        "trend": 14.001667,
        "fair_value": 12.000953,
        "relative_strength": 1.853624,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.503478,
        "energy": 23.629847,
        "activity_lines": [
          14.277733,
          14.393309,
          14.363229,
          14.222452
        ]
      },
      {
        "date": "2024-08-30",
        "close": 14.462,
        "volume": 31409,
        "typical_volume": 35655.45,
        "trend": 14.048067,
        "fair_value": 12.026589,
        "relative_strength": 0.236399,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.137532,
        "energy": 12.796245,
        "activity_lines": [
          14.352133,
          14.384182,
          14.386438,
          14.252151
        ]
      },
      {
        "date": "2024-09-06",
        "close": 13.924,
        "volume": 4499,
        "typical_volume": 34469.55,
        "trend": 14.0682,
        "fair_value": 12.046149,
        "relative_strength": -0.32597,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.245221,
        "energy": 3.938641,
        "activity_lines": [
          14.245067,
          14.283091,
          14.355648,
          14.244146
        ]
      },
      {
        "date": "2024-09-13",
        "close": 14.596,
        "volume": 4924,
        "typical_volume": 33957.2,
        "trend": 14.1096,
        "fair_value": 12.072168,
        "relative_strength": 2.17049,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.562747,
        "energy": 21.455671,
        "activity_lines": [
          14.3636,
          14.320509,
          14.386248,
          14.278198
        ]
      },
      {
        "date": "2024-09-20",
        "close": 14.628,
        "volume": 17582,
        "typical_volume": 34232.9,
        "trend": 14.147267,
        "fair_value": 12.097985,
        "relative_strength": 2.173537,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.96019,
        "energy": 24.481972,
        "activity_lines": [
          14.4464,
          14.367309,
          14.41579,
          14.311643
        ]
      },
      {
        "date": "2024-09-27",
        "close": 14.812,
        "volume": 5199,
        "typical_volume": 34485.25,
        "trend": 14.189267,
        "fair_value": 12.125125,
        "relative_strength": -0.57453,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 53.726518,
        "energy": 39.482217,
        "activity_lines": [
          14.578,
          14.453564,
          14.457971,
          14.354529
        ]
      },
      {
        "date": "2024-10-04",
        "close": 14.884,
        "volume": 18444,
        "typical_volume": 35373.65,
        "trend": 14.232867,
        "fair_value": 12.152441,
        "relative_strength": 1.68838,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 65.402847,
        "energy": 60.155984,
        "activity_lines": [
          14.7112,
          14.548545,
          14.502457,
          14.399351
        ]
      },
      {
        "date": "2024-10-11",
        "close": 15.196,
        "volume": 3513,
        "typical_volume": 35081.3,
        "trend": 14.288533,
        "fair_value": 12.182279,
        "relative_strength": 2.421074,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.128777,
        "energy": 72.24636,
        "activity_lines": [
          14.920267,
          14.692,
          14.572286,
          14.461488
        ]
      },
      {
        "date": "2024-10-18",
        "close": 15.47,
        "volume": 70401,
        "typical_volume": 36076.05,
        "trend": 14.3374,
        "fair_value": 12.214199,
        "relative_strength": 2.691704,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.396921,
        "energy": 81.444405,
        "activity_lines": [
          15.135867,
          14.862582,
          14.662895,
          14.537712
        ]
      },
      {
        "date": "2024-10-25",
        "close": 15.568,
        "volume": 31169,
        "typical_volume": 32804.2,
        "trend": 14.3886,
        "fair_value": 12.246447,
        "relative_strength": 4.238298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.233182,
        "energy": 86.223971,
        "activity_lines": [
          15.325867,
          15.022436,
          14.754952,
          14.617105
        ]
      },
      {
        "date": "2024-11-01",
        "close": 15.314,
        "volume": 16979,
        "typical_volume": 28851.85,
        "trend": 14.440667,
        "fair_value": 12.275662,
        "relative_strength": 3.548013,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.767248,
        "energy": 82.622851,
        "activity_lines": [
          15.368533,
          15.1156,
          14.81681,
          14.676809
        ]
      },
      {
        "date": "2024-11-08",
        "close": 16.212,
        "volume": 7036,
        "typical_volume": 27591.9,
        "trend": 14.518333,
        "fair_value": 12.312797,
        "relative_strength": 9.615538,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.759303,
        "energy": 93.505815,
        "activity_lines": [
          15.677067,
          15.3568,
          14.960924,
          14.791088
        ]
      },
      {
        "date": "2024-11-15",
        "close": 16.128,
        "volume": 10095,
        "typical_volume": 26290.25,
        "trend": 14.610067,
        "fair_value": 12.348453,
        "relative_strength": 8.796683,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.240439,
        "energy": 91.780457,
        "activity_lines": [
          15.869067,
          15.550909,
          15.090238,
          14.894938
        ]
      },
      {
        "date": "2024-11-22",
        "close": 16.58,
        "volume": 12272,
        "typical_volume": 22771.35,
        "trend": 14.704933,
        "fair_value": 12.387634,
        "relative_strength": 10.865712,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.12795,
        "energy": 93.620169,
        "activity_lines": [
          16.1496,
          15.787127,
          15.256381,
          15.02203
        ]
      },
      {
        "date": "2024-11-29",
        "close": 16.48,
        "volume": 3911,
        "typical_volume": 19264.9,
        "trend": 14.800867,
        "fair_value": 12.425179,
        "relative_strength": 8.194095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.682871,
        "energy": 89.924215,
        "activity_lines": [
          16.3228,
          15.969091,
          15.404486,
          15.136551
        ]
      },
      {
        "date": "2024-12-06",
        "close": 16.620001,
        "volume": 3118,
        "typical_volume": 18383.9,
        "trend": 14.893,
        "fair_value": 12.463314,
        "relative_strength": 4.819412,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.383587,
        "energy": 90.132584,
        "activity_lines": [
          16.481867,
          16.142837,
          15.558676,
          15.253914
        ]
      },
      {
        "date": "2024-12-13",
        "close": 16.624001,
        "volume": 97795,
        "typical_volume": 22138.2,
        "trend": 14.9816,
        "fair_value": 12.500797,
        "relative_strength": 4.527678,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.07746,
        "energy": 88.719562,
        "activity_lines": [
          16.555201,
          16.284437,
          15.703495,
          15.365592
        ]
      },
      {
        "date": "2024-12-20",
        "close": 16.416,
        "volume": 48805,
        "typical_volume": 22166.4,
        "trend": 15.059467,
        "fair_value": 12.535754,
        "relative_strength": 5.692891,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.29457,
        "energy": 66.02337,
        "activity_lines": [
          16.531734,
          16.356582,
          15.818057,
          15.458133
        ]
      },
      {
        "date": "2024-12-27",
        "close": 16.398001,
        "volume": 2674,
        "typical_volume": 19857.75,
        "trend": 15.1456,
        "fair_value": 12.569934,
        "relative_strength": 4.833197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.895531,
        "energy": 63.202026,
        "activity_lines": [
          16.483067,
          16.403273,
          15.919153,
          15.544491
        ]
      },
      {
        "date": "2025-01-03",
        "close": 16.528,
        "volume": 4258,
        "typical_volume": 19852.55,
        "trend": 15.219667,
        "fair_value": 12.604654,
        "relative_strength": 5.837623,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.759857,
        "energy": 59.747616,
        "activity_lines": [
          16.489867,
          16.456728,
          16.020734,
          15.633678
        ]
      },
      {
        "date": "2025-01-10",
        "close": 16.285999,
        "volume": 37302,
        "typical_volume": 21569.25,
        "trend": 15.274933,
        "fair_value": 12.636665,
        "relative_strength": 2.548461,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.207414,
        "energy": 46.558011,
        "activity_lines": [
          16.4128,
          16.448727,
          16.089324,
          15.702473
        ]
      },
      {
        "date": "2025-01-17",
        "close": 16.782,
        "volume": 15704,
        "typical_volume": 20784.0,
        "trend": 15.341533,
        "fair_value": 12.672401,
        "relative_strength": 2.098652,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.558524,
        "energy": 55.050733,
        "activity_lines": [
          16.523333,
          16.513236,
          16.196533,
          15.799703
        ]
      },
      {
        "date": "2025-01-24",
        "close": 16.77,
        "volume": 55326,
        "typical_volume": 23325.35,
        "trend": 15.406467,
        "fair_value": 12.707423,
        "relative_strength": -0.369612,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.421367,
        "energy": 54.364561,
        "activity_lines": [
          16.619333,
          16.5652,
          16.291552,
          15.891862
        ]
      },
      {
        "date": "2025-01-31",
        "close": 16.66,
        "volume": 41603,
        "typical_volume": 25159.3,
        "trend": 15.468733,
        "fair_value": 12.74092,
        "relative_strength": -2.544384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.782737,
        "energy": 49.536149,
        "activity_lines": [
          16.655067,
          16.585491,
          16.362543,
          15.972736
        ]
      },
      {
        "date": "2025-02-07",
        "close": 16.440001,
        "volume": 55878,
        "typical_volume": 27074.1,
        "trend": 15.518133,
        "fair_value": 12.772004,
        "relative_strength": -3.997923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.341581,
        "energy": 49.096581,
        "activity_lines": [
          16.6,
          16.564327,
          16.402753,
          16.035398
        ]
      },
      {
        "date": "2025-02-14",
        "close": 16.294001,
        "volume": 4420,
        "typical_volume": 27035.15,
        "trend": 15.575533,
        "fair_value": 12.801354,
        "relative_strength": -7.793374,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.043002,
        "energy": 34.614132,
        "activity_lines": [
          16.502134,
          16.517346,
          16.420429,
          16.085454
        ]
      },
      {
        "date": "2025-02-21",
        "close": 16.408001,
        "volume": 117650,
        "typical_volume": 31995.45,
        "trend": 15.641467,
        "fair_value": 12.831161,
        "relative_strength": -6.118314,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.310389,
        "energy": 25.82332,
        "activity_lines": [
          16.441734,
          16.497019,
          16.441905,
          16.139162
        ]
      },
      {
        "date": "2025-02-28",
        "close": 15.79,
        "volume": 39994,
        "typical_volume": 33819.5,
        "trend": 15.702867,
        "fair_value": 12.855414,
        "relative_strength": -10.571177,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.047583,
        "energy": 15.152948,
        "activity_lines": [
          16.200267,
          16.368255,
          16.397267,
          16.148744
        ]
      },
      {
        "date": "2025-03-07",
        "close": 14.688,
        "volume": 22989,
        "typical_volume": 31448.9,
        "trend": 15.729133,
        "fair_value": 12.870313,
        "relative_strength": -18.218094,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -47.932532,
        "energy": 46.686273,
        "activity_lines": [
          15.6568,
          16.050509,
          16.244848,
          16.083269
        ]
      },
      {
        "date": "2025-03-14",
        "close": 14.572,
        "volume": 14044,
        "typical_volume": 30592.65,
        "trend": 15.733534,
        "fair_value": 12.884036,
        "relative_strength": -18.544743,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.785523,
        "energy": 73.928003,
        "activity_lines": [
          15.206134,
          15.742764,
          16.085105,
          16.008615
        ]
      },
      {
        "date": "2025-03-21",
        "close": 14.64,
        "volume": 16923,
        "typical_volume": 30589.85,
        "trend": 15.739,
        "fair_value": 12.898084,
        "relative_strength": -17.560374,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.225016,
        "energy": 81.773578,
        "activity_lines": [
          14.902667,
          15.482946,
          15.936581,
          15.938065
        ]
      },
      {
        "date": "2025-03-28",
        "close": 14.466,
        "volume": 45363,
        "typical_volume": 32506.2,
        "trend": 15.739133,
        "fair_value": 12.910528,
        "relative_strength": -16.743301,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -49.903053,
        "energy": 81.851965,
        "activity_lines": [
          14.651467,
          15.221418,
          15.774695,
          15.855936
        ]
      },
      {
        "date": "2025-04-04",
        "close": 13.36,
        "volume": 65628,
        "typical_volume": 35282.85,
        "trend": 15.720334,
        "fair_value": 12.914067,
        "relative_strength": -16.101676,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -94.011949,
        "energy": 97.069566,
        "activity_lines": [
          14.161067,
          14.800909,
          15.515791,
          15.702443
        ]
      },
      {
        "date": "2025-04-11",
        "close": 13.13,
        "volume": 92907,
        "typical_volume": 39314.6,
        "trend": 15.671467,
        "fair_value": 12.915754,
        "relative_strength": -16.19185,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -88.892585,
        "energy": 94.437556,
        "activity_lines": [
          13.756,
          14.400582,
          15.248162,
          15.535325
        ]
      },
      {
        "date": "2025-04-18",
        "close": 13.098,
        "volume": 95096,
        "typical_volume": 43873.85,
        "trend": 15.620467,
        "fair_value": 12.917167,
        "relative_strength": -19.400255,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.743271,
        "energy": 91.423431,
        "activity_lines": [
          13.444133,
          14.058618,
          14.993914,
          15.369295
        ]
      },
      {
        "date": "2025-04-25",
        "close": 13.55,
        "volume": 20758,
        "typical_volume": 44755.85,
        "trend": 15.5784,
        "fair_value": 12.922035,
        "relative_strength": -20.21032,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.924796,
        "energy": 76.948394,
        "activity_lines": [
          13.3812,
          13.8596,
          14.798819,
          15.235716
        ]
      },
      {
        "date": "2025-05-02",
        "close": 14.182,
        "volume": 13339,
        "typical_volume": 40533.05,
        "trend": 15.555,
        "fair_value": 12.931653,
        "relative_strength": -19.255107,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.257618,
        "energy": 63.695164,
        "activity_lines": [
          13.6016,
          13.825382,
          14.678533,
          15.145626
        ]
      },
      {
        "date": "2025-05-09",
        "close": 14.312,
        "volume": 13533,
        "typical_volume": 38769.45,
        "trend": 15.525533,
        "fair_value": 12.94211,
        "relative_strength": -19.683915,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.3546,
        "energy": 48.267379,
        "activity_lines": [
          13.884267,
          13.855273,
          14.582257,
          15.065432
        ]
      },
      {
        "date": "2025-05-16",
        "close": 15.268,
        "volume": 113621,
        "typical_volume": 44316.8,
        "trend": 15.5188,
        "fair_value": 12.959598,
        "relative_strength": -15.060941,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.498082,
        "energy": 25.005421,
        "activity_lines": [
          14.422133,
          14.085855,
          14.587048,
          15.048817
        ]
      },
      {
        "date": "2025-05-23",
        "close": 14.72,
        "volume": 4915,
        "typical_volume": 44349.65,
        "trend": 15.490533,
        "fair_value": 12.972735,
        "relative_strength": -17.358123,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.495743,
        "energy": 29.803287,
        "activity_lines": [
          14.6348,
          14.206255,
          14.545029,
          14.997282
        ]
      },
      {
        "date": "2025-05-30",
        "close": 14.948,
        "volume": 2678,
        "typical_volume": 42618.45,
        "trend": 15.478333,
        "fair_value": 12.987367,
        "relative_strength": -17.102656,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.155401,
        "energy": 27.93231,
        "activity_lines": [
          14.815333,
          14.365418,
          14.533333,
          14.96228
        ]
      },
      {
        "date": "2025-06-06",
        "close": 15.09,
        "volume": 11415,
        "typical_volume": 42404.0,
        "trend": 15.440933,
        "fair_value": 13.002827,
        "relative_strength": -17.053651,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -3.002526,
        "energy": 21.354593,
        "activity_lines": [
          14.95,
          14.5448,
          14.541533,
          14.937226
        ]
      },
      {
        "date": "2025-06-13",
        "close": 14.884,
        "volume": 5063,
        "typical_volume": 39890.85,
        "trend": 15.399467,
        "fair_value": 13.016558,
        "relative_strength": -15.051617,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.053547,
        "energy": 18.148705,
        "activity_lines": [
          14.955467,
          14.675382,
          14.538171,
          14.901295
        ]
      },
      {
        "date": "2025-06-20",
        "close": 14.866,
        "volume": 9543,
        "typical_volume": 38287.85,
        "trend": 15.342334,
        "fair_value": 13.02996,
        "relative_strength": -14.159528,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.758192,
        "energy": 15.630363,
        "activity_lines": [
          14.9168,
          14.774982,
          14.542076,
          14.866878
        ]
      },
      {
        "date": "2025-06-27",
        "close": 15.144,
        "volume": 3962,
        "typical_volume": 35692.05,
        "trend": 15.2978,
        "fair_value": 13.045169,
        "relative_strength": -14.633826,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -0.366986,
        "energy": 13.210634,
        "activity_lines": [
          14.9976,
          14.893564,
          14.581,
          14.854082
        ]
      },
      {
        "date": "2025-07-04",
        "close": 15.162,
        "volume": 14755,
        "typical_volume": 36208.8,
        "trend": 15.2492,
        "fair_value": 13.060289,
        "relative_strength": -13.280516,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.554699,
        "energy": 20.323096,
        "activity_lines": [
          15.056133,
          14.978218,
          14.62781,
          14.84532
        ]
      },
      {
        "date": "2025-07-11",
        "close": 15.348,
        "volume": 68963,
        "typical_volume": 33774.45,
        "trend": 15.206667,
        "fair_value": 13.076514,
        "relative_strength": -13.536514,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 11.849831,
        "energy": 36.457668,
        "activity_lines": [
          15.1624,
          15.067382,
          14.697724,
          14.851695
        ]
      },
      {
        "date": "2025-07-18",
        "close": 15.572,
        "volume": 10114,
        "typical_volume": 32280.45,
        "trend": 15.178533,
        "fair_value": 13.094088,
        "relative_strength": -12.026401,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 36.248016,
        "energy": 54.961803,
        "activity_lines": [
          15.326133,
          15.176073,
          14.794019,
          14.875265
        ]
      },
      {
        "date": "2025-07-25",
        "close": 15.66,
        "volume": 25149,
        "typical_volume": 32388.45,
        "trend": 15.153933,
        "fair_value": 13.112032,
        "relative_strength": -10.944569,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.697519,
        "energy": 62.691521,
        "activity_lines": [
          15.473333,
          15.277855,
          14.899733,
          14.906327
        ]
      },
      {
        "date": "2025-08-01",
        "close": 15.598,
        "volume": 10042,
        "typical_volume": 32188.35,
        "trend": 15.122933,
        "fair_value": 13.129295,
        "relative_strength": -7.998086,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.743015,
        "energy": 64.818808,
        "activity_lines": [
          15.546933,
          15.361236,
          14.994914,
          14.934976
        ]
      },
      {
        "date": "2025-08-08",
        "close": 15.768,
        "volume": 9889,
        "typical_volume": 31836.65,
        "trend": 15.105667,
        "fair_value": 13.147493,
        "relative_strength": -9.514997,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 46.113627,
        "energy": 67.226196,
        "activity_lines": [
          15.646933,
          15.459564,
          15.1014,
          14.976594
        ]
      },
      {
        "date": "2025-08-15",
        "close": 15.822,
        "volume": 11745,
        "typical_volume": 30155.75,
        "trend": 15.073667,
        "fair_value": 13.165812,
        "relative_strength": -9.603276,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 46.628694,
        "energy": 72.759696,
        "activity_lines": [
          15.724533,
          15.5528,
          15.207657,
          15.022809
        ]
      },
      {
        "date": "2025-08-22",
        "close": 15.92,
        "volume": 7300,
        "typical_volume": 27239.35,
        "trend": 15.045333,
        "fair_value": 13.184548,
        "relative_strength": -8.756042,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 75.710001,
        "energy": 84.856079,
        "activity_lines": [
          15.8032,
          15.650545,
          15.31679,
          15.077411
        ]
      },
      {
        "date": "2025-08-29",
        "close": 15.836,
        "volume": 12180,
        "typical_volume": 23203.0,
        "trend": 15.017867,
        "fair_value": 13.202463,
        "relative_strength": -7.232393,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.079187,
        "energy": 83.515503,
        "activity_lines": [
          15.830667,
          15.714182,
          15.405733,
          15.128422
        ]
      },
      {
        "date": "2025-09-05",
        "close": 15.736,
        "volume": 16892,
        "typical_volume": 19292.8,
        "trend": 14.9944,
        "fair_value": 13.219466,
        "relative_strength": -6.389045,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.317451,
        "energy": 76.309918,
        "activity_lines": [
          15.813067,
          15.742,
          15.472267,
          15.174753
        ]
      },
      {
        "date": "2025-09-12",
        "close": 16.120001,
        "volume": 28763,
        "typical_volume": 19693.05,
        "trend": 14.9886,
        "fair_value": 13.238803,
        "relative_strength": -4.254732,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.208851,
        "energy": 74.824937,
        "activity_lines": [
          15.914267,
          15.828873,
          15.56281,
          15.247372
        ]
      },
      {
        "date": "2025-09-19",
        "close": 16.191999,
        "volume": 19680,
        "typical_volume": 20010.1,
        "trend": 14.9814,
        "fair_value": 13.258361,
        "relative_strength": -3.335752,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.02861,
        "energy": 66.714424,
        "activity_lines": [
          16.016,
          15.911418,
          15.647971,
          15.325011
        ]
      },
      {
        "date": "2025-09-26",
        "close": 16.208,
        "volume": 27184,
        "typical_volume": 20692.65,
        "trend": 14.995333,
        "fair_value": 13.277766,
        "relative_strength": -3.444,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.472996,
        "energy": 67.342922,
        "activity_lines": [
          16.0984,
          15.981527,
          15.725086,
          15.404146
        ]
      },
      {
        "date": "2025-10-03",
        "close": 16.502001,
        "volume": 5448,
        "typical_volume": 15284.0,
        "trend": 15.0558,
        "fair_value": 13.29884,
        "relative_strength": -4.005616,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.953684,
        "energy": 84.862571,
        "activity_lines": [
          16.2596,
          16.093527,
          15.821172,
          15.501351
        ]
      },
      {
        "date": "2025-10-10",
        "close": 16.41,
        "volume": 62242,
        "typical_volume": 18150.35,
        "trend": 15.117067,
        "fair_value": 13.319042,
        "relative_strength": -3.717916,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.769697,
        "energy": 76.425912,
        "activity_lines": [
          16.345734,
          16.173491,
          15.902619,
          15.588718
        ]
      },
      {
        "date": "2025-10-17",
        "close": 16.33,
        "volume": 20893,
        "typical_volume": 19061.1,
        "trend": 15.1734,
        "fair_value": 13.338468,
        "relative_strength": -2.265019,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.293663,
        "energy": 63.687499,
        "activity_lines": [
          16.360267,
          16.224146,
          15.9684,
          15.666972
        ]
      },
      {
        "date": "2025-10-24",
        "close": 19.513201,
        "volume": 59238,
        "typical_volume": 21452.25,
        "trend": 15.34164,
        "fair_value": 13.378049,
        "relative_strength": 14.800146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 97.752743,
        "energy": 92.687784,
        "activity_lines": [
          17.421867,
          16.843346,
          16.330762,
          15.946959
        ]
      },
      {
        "date": "2025-10-31",
        "close": 17.115999,
        "volume": 18018,
        "typical_volume": 22100.0,
        "trend": 15.46684,
        "fair_value": 13.422603,
        "relative_strength": 2.107035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.368725,
        "energy": 63.44232,
        "activity_lines": [
          17.462987,
          16.959578,
          16.443756,
          16.061434
        ]
      },
      {
        "date": "2025-11-07",
        "close": 16.459999,
        "volume": 9845,
        "typical_volume": 22115.1,
        "trend": 15.57784,
        "fair_value": 13.458353,
        "relative_strength": 0.211796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.32195,
        "energy": 56.055267,
        "activity_lines": [
          17.224906,
          16.934793,
          16.483646,
          16.125509
        ]
      },
      {
        "date": "2025-11-14",
        "close": 16.690001,
        "volume": 11085,
        "typical_volume": 22471.25,
        "trend": 15.697573,
        "fair_value": 13.496194,
        "relative_strength": 0.697802,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.121545,
        "energy": 50.210134,
        "activity_lines": [
          17.066293,
          16.94048,
          16.53785,
          16.197261
        ]
      },
      {
        "date": "2025-11-21",
        "close": 16.5,
        "volume": 36250,
        "typical_volume": 23546.0,
        "trend": 15.795907,
        "fair_value": 13.53404,
        "relative_strength": 3.345205,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.210011,
        "energy": 20.414551,
        "activity_lines": [
          16.82568,
          16.894276,
          16.566596,
          16.249031
        ]
      },
      {
        "date": "2025-11-28",
        "close": 16.868,
        "volume": 27778,
        "typical_volume": 21486.75,
        "trend": 15.88544,
        "fair_value": 13.574527,
        "relative_strength": 2.725719,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.514149,
        "energy": 21.941189,
        "activity_lines": [
          16.6964,
          16.908073,
          16.624019,
          16.318198
        ]
      },
      {
        "date": "2025-12-05",
        "close": 16.934,
        "volume": 10839,
        "typical_volume": 21523.0,
        "trend": 15.97284,
        "fair_value": 13.61695,
        "relative_strength": 2.623137,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.22577,
        "energy": 18.482525,
        "activity_lines": [
          16.765467,
          16.921578,
          16.68049,
          16.385847
        ]
      },
      {
        "date": "2025-12-12",
        "close": 16.664,
        "volume": 21161,
        "typical_volume": 21323.6,
        "trend": 16.019373,
        "fair_value": 13.65954,
        "relative_strength": 0.680074,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.876019,
        "energy": 17.07944,
        "activity_lines": [
          16.756667,
          16.872793,
          16.70476,
          16.430438
        ]
      },
      {
        "date": "2025-12-19",
        "close": 16.796,
        "volume": 27504,
        "typical_volume": 22196.7,
        "trend": 16.088573,
        "fair_value": 13.704001,
        "relative_strength": 1.433864,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.271605,
        "energy": 19.04186,
        "activity_lines": [
          16.778267,
          16.845062,
          16.736821,
          16.480543
        ]
      },
      {
        "date": "2025-12-26",
        "close": 16.912001,
        "volume": 4700,
        "typical_volume": 21937.25,
        "trend": 16.15404,
        "fair_value": 13.749431,
        "relative_strength": 2.280363,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.144878,
        "energy": 23.964221,
        "activity_lines": [
          16.831467,
          16.831404,
          16.774225,
          16.533667
        ]
      },
      {
        "date": "2026-01-02",
        "close": 16.804001,
        "volume": 4617,
        "typical_volume": 21580.85,
        "trend": 16.211173,
        "fair_value": 13.793854,
        "relative_strength": 1.218874,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.508516,
        "energy": 16.794275,
        "activity_lines": [
          16.821201,
          16.787528,
          16.795895,
          16.5756
        ]
      },
      {
        "date": "2026-01-09",
        "close": 17.271999,
        "volume": 18828,
        "typical_volume": 22157.25,
        "trend": 16.290773,
        "fair_value": 13.840187,
        "relative_strength": 1.414603,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.78165,
        "energy": 28.885512,
        "activity_lines": [
          16.9712,
          16.878,
          16.857461,
          16.644041
        ]
      },
      {
        "date": "2026-01-16",
        "close": 17.322001,
        "volume": 4874,
        "typical_volume": 21791.95,
        "trend": 16.37264,
        "fair_value": 13.886341,
        "relative_strength": 1.908793,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 55.73632,
        "energy": 35.410763,
        "activity_lines": [
          17.115334,
          16.974728,
          16.917351,
          16.710571
        ]
      },
      {
        "date": "2026-01-23",
        "close": 17.072001,
        "volume": 24009,
        "typical_volume": 22147.8,
        "trend": 16.436907,
        "fair_value": 13.930008,
        "relative_strength": 2.324638,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 51.706185,
        "energy": 45.618096,
        "activity_lines": [
          17.132267,
          17.010328,
          16.946355,
          16.755691
        ]
      },
      {
        "date": "2026-01-30",
        "close": 16.822001,
        "volume": 12229,
        "typical_volume": 21321.1,
        "trend": 16.49224,
        "fair_value": 13.969533,
        "relative_strength": 2.551864,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.645676,
        "energy": 49.24829,
        "activity_lines": [
          17.047467,
          16.993528,
          16.945187,
          16.780536
        ]
      },
      {
        "date": "2026-02-06",
        "close": 16.639999,
        "volume": 38291,
        "typical_volume": 22251.65,
        "trend": 16.535307,
        "fair_value": 14.008841,
        "relative_strength": 0.929417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.353951,
        "energy": 15.661836,
        "activity_lines": [
          16.908,
          16.937782,
          16.923343,
          16.790069
        ]
      },
      {
        "date": "2026-02-13",
        "close": 16.458,
        "volume": 44970,
        "typical_volume": 23140.95,
        "trend": 16.56484,
        "fair_value": 14.047226,
        "relative_strength": -0.768683,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -3.560178,
        "energy": 14.026488,
        "activity_lines": [
          16.7188,
          16.853091,
          16.882033,
          16.785081
        ]
      },
      {
        "date": "2026-02-20",
        "close": 16.68,
        "volume": 37898,
        "typical_volume": 24763.45,
        "trend": 16.59884,
        "fair_value": 14.087828,
        "relative_strength": -0.589005,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.794565,
        "energy": 20.60237,
        "activity_lines": [
          16.657867,
          16.817418,
          16.860674,
          16.792511
        ]
      },
      {
        "date": "2026-02-27",
        "close": 16.497999,
        "volume": 32063,
        "typical_volume": 23254.5,
        "trend": 16.62884,
        "fair_value": 14.126521,
        "relative_strength": -1.629588,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -23.587965,
        "energy": 31.667372,
        "activity_lines": [
          16.579066,
          16.748364,
          16.821135,
          16.786005
        ]
      },
      {
        "date": "2026-03-06",
        "close": 16.714001,
        "volume": 44342,
        "typical_volume": 24426.95,
        "trend": 16.660373,
        "fair_value": 14.16861,
        "relative_strength": 6.594522,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.924775,
        "energy": 29.237739,
        "activity_lines": [
          16.610533,
          16.724,
          16.801749,
          16.7915
        ]
      },
      {
        "date": "2026-03-13",
        "close": 16.48,
        "volume": 24832,
        "typical_volume": 22706.65,
        "trend": 16.682307,
        "fair_value": 14.208674,
        "relative_strength": 5.536019,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -31.451386,
        "energy": 30.88068,
        "activity_lines": [
          16.5712,
          16.660691,
          16.758248,
          16.779863
        ]
      },
      {
        "date": "2026-03-20",
        "close": 16.034,
        "volume": 9840,
        "typical_volume": 22297.75,
        "trend": 16.686107,
        "fair_value": 14.246046,
        "relative_strength": 7.337361,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -49.43607,
        "energy": 50.439174,
        "activity_lines": [
          16.393867,
          16.522182,
          16.686714,
          16.738036
        ]
      },
      {
        "date": "2026-03-27",
        "close": 15.598,
        "volume": 53980,
        "typical_volume": 24504.5,
        "trend": 16.678173,
        "fair_value": 14.27911,
        "relative_strength": 4.623571,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -84.040152,
        "energy": 76.792689,
        "activity_lines": [
          16.099467,
          16.326909,
          16.57881,
          16.667836
        ]
      },
      {
        "date": "2026-04-03",
        "close": 16.062,
        "volume": 37567,
        "typical_volume": 25828.6,
        "trend": 16.68904,
        "fair_value": 14.315905,
        "relative_strength": 3.56542,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.212241,
        "energy": 70.81193,
        "activity_lines": [
          16.031867,
          16.247345,
          16.5192,
          16.628083
        ]
      },
      {
        "date": "2026-04-10",
        "close": 16.372,
        "volume": 33181,
        "typical_volume": 25675.15,
        "trend": 16.69744,
        "fair_value": 14.354444,
        "relative_strength": 2.61658,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.438825,
        "energy": 64.551195,
        "activity_lines": [
          16.096667,
          16.242509,
          16.492105,
          16.607629
        ]
      },
      {
        "date": "2026-04-17",
        "close": 17.212,
        "volume": 10464,
        "typical_volume": 24809.45,
        "trend": 16.73144,
        "fair_value": 14.398405,
        "relative_strength": 3.722993,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -15.631675,
        "energy": 13.908024,
        "activity_lines": [
          16.464267,
          16.398582,
          16.545619,
          16.640826
        ]
      },
      {
        "date": "2026-04-24",
        "close": 17.444,
        "volume": 45630,
        "typical_volume": 26549.0,
        "trend": 16.77264,
        "fair_value": 14.443841,
        "relative_strength": 7.269241,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.864285,
        "energy": 27.472638,
        "activity_lines": [
          16.8604,
          16.586436,
          16.619591,
          16.686798
        ]
      },
      {
        "date": "2026-05-01",
        "close": 17.496,
        "volume": 84247,
        "typical_volume": 29703.3,
        "trend": 16.805773,
        "fair_value": 14.48988,
        "relative_strength": 6.543276,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 36.419733,
        "energy": 43.17737,
        "activity_lines": [
          17.179867,
          16.765818,
          16.696086,
          16.733466
        ]
      },
      {
        "date": "2026-05-08",
        "close": 18.056,
        "volume": 47269,
        "typical_volume": 30691.55,
        "trend": 16.86064,
        "fair_value": 14.53838,
        "relative_strength": 9.33137,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 58.998997,
        "energy": 74.729578,
        "activity_lines": [
          17.559467,
          17.032182,
          16.821952,
          16.814126
        ]
      },
      {
        "date": "2026-05-15",
        "close": 18.41,
        "volume": 52540,
        "typical_volume": 33083.55,
        "trend": 16.929973,
        "fair_value": 14.587521,
        "relative_strength": 12.877104,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 60.992758,
        "energy": 84.219831,
        "activity_lines": [
          17.924133,
          17.334582,
          16.975533,
          16.914084
        ]
      },
      {
        "date": "2026-05-22",
        "close": 18.474001,
        "volume": 71776,
        "typical_volume": 36441.5,
        "trend": 16.895333,
        "fair_value": 14.635815,
        "relative_strength": 8.634599,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 83.49605,
        "energy": 93.389801,
        "activity_lines": [
          18.174267,
          17.617782,
          17.128076,
          17.013699
        ]
      },
      {
        "date": "2026-05-29",
        "close": 18.540001,
        "volume": 179721,
        "typical_volume": 44486.15,
        "trend": 16.9428,
        "fair_value": 14.683392,
        "relative_strength": 7.73353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.616437,
        "energy": 91.821539,
        "activity_lines": [
          18.362267,
          17.876728,
          17.278953,
          17.119807
        ]
      },
      {
        "date": "2026-06-05",
        "close": 18.516001,
        "volume": 6805,
        "typical_volume": 44582.7,
        "trend": 17.011334,
        "fair_value": 14.730739,
        "relative_strength": 8.708902,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.126342,
        "energy": 89.273476,
        "activity_lines": [
          18.469201,
          18.085746,
          17.421505,
          17.221303
        ]
      },
      {
        "date": "2026-06-12",
        "close": 18.408001,
        "volume": 11131,
        "typical_volume": 43938.8,
        "trend": 17.0686,
        "fair_value": 14.775944,
        "relative_strength": 8.27178,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.81616,
        "energy": 84.39861,
        "activity_lines": [
          18.472134,
          18.222073,
          17.548086,
          17.311411
        ]
      },
      {
        "date": "2026-06-19",
        "close": 18.667999,
        "volume": 23913,
        "typical_volume": 44523.0,
        "trend": 17.140867,
        "fair_value": 14.823944,
        "relative_strength": 7.92834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.130012,
        "energy": 80.776115,
        "activity_lines": [
          18.538267,
          18.363019,
          17.693067,
          17.414598
        ]
      },
      {
        "date": "2026-06-26",
        "close": 18.478001,
        "volume": 21311,
        "typical_volume": 43674.0,
        "trend": 17.194534,
        "fair_value": 14.869623,
        "relative_strength": 7.836124,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.404352,
        "energy": 64.134923,
        "activity_lines": [
          18.523867,
          18.427673,
          17.811162,
          17.500865
        ]
      },
      {
        "date": "2026-07-03",
        "close": 18.823999,
        "volume": 5213,
        "typical_volume": 41686.15,
        "trend": 17.257534,
        "fair_value": 14.918059,
        "relative_strength": 4.863899,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.492721,
        "energy": 68.174835,
        "activity_lines": [
          18.624533,
          18.532218,
          17.953457,
          17.605992
        ]
      },
      {
        "date": "2026-07-10",
        "close": 18.889999,
        "volume": 31536,
        "typical_volume": 41368.05,
        "trend": 17.331733,
        "fair_value": 14.966585,
        "relative_strength": 7.861597,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.254935,
        "energy": 73.230889,
        "activity_lines": [
          18.728266,
          18.623673,
          18.090772,
          17.711312
        ]
      },
      {
        "date": "2026-07-17",
        "close": 18.614,
        "volume": 32817,
        "typical_volume": 41405.75,
        "trend": 17.392333,
        "fair_value": 15.012303,
        "relative_strength": 6.97671,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.141696,
        "energy": 69.259288,
        "activity_lines": [
          18.715066,
          18.6396,
          18.191276,
          17.794039
        ]
      },
      {
        "date": "2026-07-24",
        "close": 18.511999,
        "volume": 24580,
        "typical_volume": 40417.65,
        "trend": 17.445667,
        "fair_value": 15.056008,
        "relative_strength": 4.992437,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.226203,
        "energy": 61.957151,
        "activity_lines": [
          18.654133,
          18.626836,
          18.27199,
          17.866275
        ]
      },
      {
        "date": "2026-07-31",
        "close": 18.639999,
        "volume": 56844,
        "typical_volume": 42018.25,
        "trend": 17.506867,
        "fair_value": 15.101674,
        "relative_strength": 3.357331,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.842784,
        "energy": 55.581937,
        "activity_lines": [
          18.646266,
          18.63549,
          18.356333,
          17.943329
        ]
      },
      {
        "date": "2026-08-07",
        "close": 19.476,
        "volume": 58098,
        "typical_volume": 44431.15,
        "trend": 17.580333,
        "fair_value": 15.15361,
        "relative_strength": 4.910229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.840366,
        "energy": 69.078761,
        "activity_lines": [
          18.906266,
          18.793127,
          18.510009,
          18.07037
        ]
      }
    ],
    "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."
    }
  }
}