{
  "ticker": {
    "uuid": "22d8bb2c-af93-4085-83e2-560d78af0446",
    "symbol": "BMVP",
    "name": "INVESCO EXCHANGE TRADED FD TR BLOOMBERG MVP MULTI FACTOR 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": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 74.614,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 87.278,
    "architecture_energy": 89.56,
    "architecture_maturity": 12.259,
    "architecture_confidence": 65.088,
    "architecture_tenure": "New",
    "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": 3.81,
        "rotation_up": 86.45,
        "upward_expansion": 97.92,
        "deceleration": 39.02,
        "rotation_down": 8.51,
        "downward_expansion": 19.92
      },
      "activity_lines": [
        53.43146,
        52.746839,
        52.098441,
        51.778035
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 54.2637,
    "trend_reference": 51.520888,
    "distance_from_trend": 0.053237,
    "trend_direction": "Improving",
    "fair_value": 45.592982,
    "distance_from_fair_value": 0.190177,
    "fair_value_direction": "Improving",
    "relative_strength": -3.64967,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.029366,
    "excess_performance": -0.096259,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.053237,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.023349,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.190177,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.049069,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.036497,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.047781,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.029366,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 27.305213,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 4725,
      "relative_activity": 0.803729,
      "balance": 27.305213,
      "dry_up": 1.018779,
      "accumulation_observations": 4,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.016637,
      "annualized_volatility": 0.100608,
      "from_high_reference": -0.000709,
      "from_low_reference": 0.154205
    },
    "levels": {
      "trend_reference": 51.520888,
      "fair_value_reference": 45.592982,
      "structural_low": 49.18,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 31,
        "median_return": 0.006801,
        "positive_rate": 0.645161,
        "directional_follow_through": 0.645161,
        "median_excess_return": -0.006974,
        "regime_survival": 0.741935,
        "best_return": 0.060776,
        "worst_return": -0.05984,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 13,
        "median_return": 0.001369,
        "positive_rate": 0.538462,
        "directional_follow_through": 0.538462,
        "median_excess_return": -0.028557,
        "regime_survival": 0.615385,
        "best_return": 0.124877,
        "worst_return": -0.072038,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.044615,
        "positive_rate": 0.857143,
        "directional_follow_through": 0.857143,
        "median_excess_return": -0.058,
        "regime_survival": 0.285714,
        "best_return": 0.094272,
        "worst_return": -0.116084,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.068872,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.101774,
        "regime_survival": 0.0,
        "best_return": 0.183508,
        "worst_return": -0.181029,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2023-10-13",
        "end": "2023-11-17",
        "tenure": "Developing",
        "return": 0.028275,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-11-24",
        "end": "2023-12-01",
        "tenure": "New",
        "return": 0.032411,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2023-12-08",
        "end": "2023-12-22",
        "tenure": "New",
        "return": 0.04074,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-29",
        "end": "2024-04-26",
        "tenure": "Established",
        "return": 0.074705,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-07-12",
        "tenure": "Developing",
        "return": 0.041023,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2024-12-20",
        "tenure": "Established",
        "return": 0.057549,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-12-27",
        "end": "2025-03-21",
        "tenure": "Established",
        "return": -0.002356,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-28",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.024532,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.032908,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-11",
        "end": "2025-10-24",
        "tenure": "Established",
        "return": 0.011871,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-31",
        "end": "2025-11-28",
        "tenure": "Developing",
        "return": 0.027464,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-05",
        "end": "2026-03-20",
        "tenure": "Established",
        "return": 0.013215,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-07-10",
        "tenure": "Established",
        "return": 0.055183,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.033496,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 36.017341,
        "volume": 1512,
        "typical_volume": 5057.05,
        "trend": 35.274234,
        "fair_value": 34.645082,
        "relative_strength": -2.817339,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.602311,
        "energy": 45.117436,
        "activity_lines": [
          36.842799,
          36.840356,
          36.233009,
          35.774724
        ]
      },
      {
        "date": "2023-08-25",
        "close": 35.951577,
        "volume": 23402,
        "typical_volume": 6047.75,
        "trend": 35.33027,
        "fair_value": 34.683898,
        "relative_strength": -3.731856,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.511573,
        "energy": 25.46217,
        "activity_lines": [
          36.47465,
          36.710913,
          36.25546,
          35.818424
        ]
      },
      {
        "date": "2023-09-01",
        "close": 36.63029,
        "volume": 2502,
        "typical_volume": 6017.5,
        "trend": 35.387599,
        "fair_value": 34.731082,
        "relative_strength": -4.320658,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.634601,
        "energy": 23.635484,
        "activity_lines": [
          36.439721,
          36.704093,
          36.334374,
          35.902296
        ]
      },
      {
        "date": "2023-09-08",
        "close": 36.331645,
        "volume": 4446,
        "typical_volume": 6139.9,
        "trend": 35.441292,
        "fair_value": 34.77923,
        "relative_strength": -3.875511,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.416221,
        "energy": 25.56431,
        "activity_lines": [
          36.358337,
          36.620687,
          36.37772,
          35.963202
        ]
      },
      {
        "date": "2023-09-15",
        "close": 36.161871,
        "volume": 3938,
        "typical_volume": 5886.15,
        "trend": 35.476637,
        "fair_value": 34.827409,
        "relative_strength": -4.165977,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.162257,
        "energy": 21.181784,
        "activity_lines": [
          36.263153,
          36.513716,
          36.399468,
          36.009691
        ]
      },
      {
        "date": "2023-09-22",
        "close": 35.508955,
        "volume": 15829,
        "typical_volume": 6474.55,
        "trend": 35.512296,
        "fair_value": 34.87337,
        "relative_strength": -3.052773,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.716497,
        "energy": 9.526122,
        "activity_lines": [
          36.026623,
          36.290237,
          36.350878,
          36.011776
        ]
      },
      {
        "date": "2023-09-29",
        "close": 35.04446,
        "volume": 11546,
        "typical_volume": 6726.25,
        "trend": 35.499325,
        "fair_value": 34.913349,
        "relative_strength": -3.592949,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -15.614929,
        "energy": 26.15781,
        "activity_lines": [
          35.669154,
          36.009876,
          36.251885,
          35.981593
        ]
      },
      {
        "date": "2023-10-06",
        "close": 34.810689,
        "volume": 2421,
        "typical_volume": 6500.9,
        "trend": 35.533447,
        "fair_value": 34.944047,
        "relative_strength": -4.595429,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -37.723217,
        "energy": 53.897441,
        "activity_lines": [
          35.294236,
          35.732681,
          36.128943,
          35.937165
        ]
      },
      {
        "date": "2023-10-13",
        "close": 34.951485,
        "volume": 2932,
        "typical_volume": 6353.7,
        "trend": 35.600885,
        "fair_value": 34.974364,
        "relative_strength": -4.535681,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -31.458645,
        "energy": 61.053433,
        "activity_lines": [
          35.087556,
          35.528649,
          36.019209,
          35.899619
        ]
      },
      {
        "date": "2023-10-20",
        "close": 34.254934,
        "volume": 2921,
        "typical_volume": 6264.85,
        "trend": 35.628239,
        "fair_value": 35.002964,
        "relative_strength": -4.05465,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -44.305061,
        "energy": 69.769665,
        "activity_lines": [
          34.740703,
          35.234736,
          35.841199,
          35.812784
        ]
      },
      {
        "date": "2023-10-27",
        "close": 33.39863,
        "volume": 8879,
        "typical_volume": 6641.95,
        "trend": 35.578709,
        "fair_value": 35.036846,
        "relative_strength": -3.921192,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -62.427185,
        "energy": 80.479111,
        "activity_lines": [
          34.235545,
          34.840609,
          35.585231,
          35.668938
        ]
      },
      {
        "date": "2023-11-03",
        "close": 35.356727,
        "volume": 8841,
        "typical_volume": 6923.7,
        "trend": 35.616122,
        "fair_value": 35.070526,
        "relative_strength": -3.729541,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.648551,
        "energy": 50.239738,
        "activity_lines": [
          34.523774,
          34.850114,
          35.525492,
          35.654616
        ]
      },
      {
        "date": "2023-11-10",
        "close": 35.267372,
        "volume": 10246,
        "typical_volume": 7359.2,
        "trend": 35.620564,
        "fair_value": 35.100564,
        "relative_strength": -5.10721,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.547855,
        "energy": 34.780976,
        "activity_lines": [
          34.761401,
          34.854187,
          35.459872,
          35.632116
        ]
      },
      {
        "date": "2023-11-17",
        "close": 35.939726,
        "volume": 4582,
        "typical_volume": 7436.4,
        "trend": 35.645507,
        "fair_value": 35.13575,
        "relative_strength": -5.284089,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -4.444789,
        "energy": 11.714702,
        "activity_lines": [
          35.1927,
          35.005287,
          35.458938,
          35.652707
        ]
      },
      {
        "date": "2023-11-24",
        "close": 36.215889,
        "volume": 5380,
        "typical_volume": 7631.25,
        "trend": 35.704392,
        "fair_value": 35.168194,
        "relative_strength": -5.295526,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.507464,
        "energy": 23.082394,
        "activity_lines": [
          35.65017,
          35.213724,
          35.488085,
          35.689506
        ]
      },
      {
        "date": "2023-12-01",
        "close": 37.3897,
        "volume": 6739,
        "typical_volume": 7821.75,
        "trend": 35.810248,
        "fair_value": 35.201559,
        "relative_strength": -2.874362,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 41.408589,
        "energy": 42.444359,
        "activity_lines": [
          36.36818,
          35.634599,
          35.629343,
          35.798236
        ]
      },
      {
        "date": "2023-12-08",
        "close": 37.293295,
        "volume": 11355,
        "typical_volume": 7640.3,
        "trend": 35.897004,
        "fair_value": 35.231515,
        "relative_strength": -3.203767,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 40.370113,
        "energy": 58.091922,
        "activity_lines": [
          36.787984,
          36.003751,
          35.759685,
          35.893916
        ]
      },
      {
        "date": "2023-12-15",
        "close": 38.380799,
        "volume": 23280,
        "typical_volume": 8168.55,
        "trend": 36.017411,
        "fair_value": 35.261802,
        "relative_strength": -2.579461,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 60.443051,
        "energy": 78.123653,
        "activity_lines": [
          37.441185,
          36.529742,
          35.994852,
          36.054161
        ]
      },
      {
        "date": "2023-12-22",
        "close": 38.812629,
        "volume": 14521,
        "typical_volume": 8542.4,
        "trend": 36.15968,
        "fair_value": 35.293335,
        "relative_strength": -2.248409,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 87.942762,
        "energy": 93.391975,
        "activity_lines": [
          38.030768,
          37.069338,
          36.266601,
          36.234498
        ]
      },
      {
        "date": "2023-12-29",
        "close": 39.005104,
        "volume": 8493,
        "typical_volume": 8688.25,
        "trend": 36.292864,
        "fair_value": 35.333841,
        "relative_strength": -1.995622,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.291347,
        "energy": 93.305819,
        "activity_lines": [
          38.492982,
          37.573726,
          36.547924,
          36.418074
        ]
      },
      {
        "date": "2024-01-05",
        "close": 38.783757,
        "volume": 5976,
        "typical_volume": 8911.45,
        "trend": 36.404156,
        "fair_value": 35.362167,
        "relative_strength": -0.924158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.157131,
        "energy": 89.397507,
        "activity_lines": [
          38.695465,
          37.951502,
          36.800077,
          36.578776
        ]
      },
      {
        "date": "2024-01-12",
        "close": 39.013573,
        "volume": 12246,
        "typical_volume": 8353.65,
        "trend": 36.507651,
        "fair_value": 35.389228,
        "relative_strength": -2.053527,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.374133,
        "energy": 89.109276,
        "activity_lines": [
          38.881617,
          38.273152,
          37.060943,
          36.747126
        ]
      },
      {
        "date": "2024-01-19",
        "close": 39.043599,
        "volume": 9956,
        "typical_volume": 8726.35,
        "trend": 36.628953,
        "fair_value": 35.412552,
        "relative_strength": -3.025077,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.618217,
        "energy": 85.522972,
        "activity_lines": [
          38.963093,
          38.533772,
          37.310088,
          36.910735
        ]
      },
      {
        "date": "2024-01-26",
        "close": 39.72602,
        "volume": 3913,
        "typical_volume": 8699.7,
        "trend": 36.728711,
        "fair_value": 35.447802,
        "relative_strength": -2.242154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.658716,
        "energy": 84.313535,
        "activity_lines": [
          39.227856,
          38.849811,
          37.612734,
          37.110546
        ]
      },
      {
        "date": "2024-02-02",
        "close": 40.202107,
        "volume": 8483,
        "typical_volume": 8926.95,
        "trend": 36.859345,
        "fair_value": 35.469145,
        "relative_strength": -2.355039,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.079445,
        "energy": 94.434359,
        "activity_lines": [
          39.590421,
          39.183569,
          37.944557,
          37.334636
        ]
      },
      {
        "date": "2024-02-09",
        "close": 40.544906,
        "volume": 6823,
        "typical_volume": 8476.65,
        "trend": 36.976662,
        "fair_value": 35.487145,
        "relative_strength": -2.744859,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 88.101116,
        "energy": 94.841079,
        "activity_lines": [
          39.987453,
          39.507178,
          38.289789,
          37.572414
        ]
      },
      {
        "date": "2024-02-16",
        "close": 40.769909,
        "volume": 7878,
        "typical_volume": 8293.25,
        "trend": 37.083782,
        "fair_value": 35.511554,
        "relative_strength": -1.740487,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.379242,
        "energy": 93.777208,
        "activity_lines": [
          40.342075,
          39.814329,
          38.632469,
          37.81714
        ]
      },
      {
        "date": "2024-02-23",
        "close": 41.47841,
        "volume": 4956,
        "typical_volume": 8420.0,
        "trend": 37.21884,
        "fair_value": 35.552613,
        "relative_strength": -1.525508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.185334,
        "energy": 95.340721,
        "activity_lines": [
          40.815776,
          40.187087,
          39.015361,
          38.100664
        ]
      },
      {
        "date": "2024-03-01",
        "close": 42.06546,
        "volume": 9999,
        "typical_volume": 8773.35,
        "trend": 37.38857,
        "fair_value": 35.600992,
        "relative_strength": -0.945021,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.406332,
        "energy": 95.578912,
        "activity_lines": [
          41.322839,
          40.610261,
          39.422411,
          38.41335
        ]
      },
      {
        "date": "2024-03-08",
        "close": 42.334925,
        "volume": 8109,
        "typical_volume": 9032.75,
        "trend": 37.556193,
        "fair_value": 35.639195,
        "relative_strength": 0.052815,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.580893,
        "energy": 92.686534,
        "activity_lines": [
          41.763761,
          41.023287,
          39.821249,
          38.732469
        ]
      },
      {
        "date": "2024-03-15",
        "close": 42.535581,
        "volume": 12800,
        "typical_volume": 9228.8,
        "trend": 37.773467,
        "fair_value": 35.681312,
        "relative_strength": 0.637135,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.335871,
        "energy": 93.870192,
        "activity_lines": [
          42.129381,
          41.412253,
          40.200721,
          39.05372
        ]
      },
      {
        "date": "2024-03-22",
        "close": 43.373873,
        "volume": 11090,
        "typical_volume": 9341.25,
        "trend": 38.020877,
        "fair_value": 35.731214,
        "relative_strength": 0.43806,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.280595,
        "energy": 96.140484,
        "activity_lines": [
          42.64172,
          41.885421,
          40.616521,
          39.415037
        ]
      },
      {
        "date": "2024-03-29",
        "close": 43.87595,
        "volume": 3087,
        "typical_volume": 8983.3,
        "trend": 38.262399,
        "fair_value": 35.780617,
        "relative_strength": 1.299844,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.522366,
        "energy": 90.871926,
        "activity_lines": [
          43.14782,
          42.370598,
          41.041961,
          39.792783
        ]
      },
      {
        "date": "2024-04-05",
        "close": 43.292317,
        "volume": 7223,
        "typical_volume": 9115.35,
        "trend": 38.494422,
        "fair_value": 35.820276,
        "relative_strength": 0.879182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.501156,
        "energy": 68.652892,
        "activity_lines": [
          43.299539,
          42.661798,
          41.370823,
          40.117294
        ]
      },
      {
        "date": "2024-04-12",
        "close": 41.985295,
        "volume": 829,
        "typical_volume": 8887.8,
        "trend": 38.688536,
        "fair_value": 35.846751,
        "relative_strength": -0.616975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.592002,
        "energy": 66.907411,
        "activity_lines": [
          42.933795,
          42.650517,
          41.540195,
          40.342512
        ]
      },
      {
        "date": "2024-04-19",
        "close": 41.645751,
        "volume": 8199,
        "typical_volume": 8960.8,
        "trend": 38.893096,
        "fair_value": 35.872307,
        "relative_strength": 1.762409,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.790201,
        "energy": 57.76083,
        "activity_lines": [
          42.478177,
          42.545078,
          41.649756,
          40.5333
        ]
      },
      {
        "date": "2024-04-26",
        "close": 41.918988,
        "volume": 3463,
        "typical_volume": 8566.2,
        "trend": 39.122247,
        "fair_value": 35.898672,
        "relative_strength": -0.173844,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.35103,
        "energy": 42.908831,
        "activity_lines": [
          42.172961,
          42.469304,
          41.765073,
          40.728519
        ]
      },
      {
        "date": "2024-05-03",
        "close": 41.689762,
        "volume": 5481,
        "typical_volume": 7676.25,
        "trend": 39.351549,
        "fair_value": 35.920634,
        "relative_strength": -1.248627,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.747734,
        "energy": 33.542839,
        "activity_lines": [
          41.888328,
          42.33096,
          41.836531,
          40.894165
        ]
      },
      {
        "date": "2024-05-10",
        "close": 42.613132,
        "volume": 4119,
        "typical_volume": 7156.15,
        "trend": 39.606937,
        "fair_value": 35.954464,
        "relative_strength": -0.826837,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.554387,
        "energy": 29.754909,
        "activity_lines": [
          42.057231,
          42.356658,
          41.980173,
          41.104589
        ]
      },
      {
        "date": "2024-05-17",
        "close": 42.823827,
        "volume": 7408,
        "typical_volume": 7101.9,
        "trend": 39.892567,
        "fair_value": 35.989683,
        "relative_strength": -1.879889,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.689283,
        "energy": 40.751409,
        "activity_lines": [
          42.341645,
          42.410707,
          42.125783,
          41.312131
        ]
      },
      {
        "date": "2024-05-24",
        "close": 42.389118,
        "volume": 12460,
        "typical_volume": 7426.1,
        "trend": 40.19225,
        "fair_value": 36.016413,
        "relative_strength": -2.797457,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.705078,
        "energy": 42.057825,
        "activity_lines": [
          42.425254,
          42.376829,
          42.211808,
          41.473198
        ]
      },
      {
        "date": "2024-05-31",
        "close": 42.447221,
        "volume": 5275,
        "typical_volume": 7077.55,
        "trend": 40.4286,
        "fair_value": 36.04303,
        "relative_strength": -2.224714,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.853033,
        "energy": 43.785201,
        "activity_lines": [
          42.478672,
          42.356178,
          42.286198,
          41.61868
        ]
      },
      {
        "date": "2024-06-07",
        "close": 42.294243,
        "volume": 6458,
        "typical_volume": 6902.65,
        "trend": 40.662829,
        "fair_value": 36.070399,
        "relative_strength": -3.688366,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.748575,
        "energy": 34.922841,
        "activity_lines": [
          42.445883,
          42.324561,
          42.329668,
          41.739045
        ]
      },
      {
        "date": "2024-06-14",
        "close": 42.071484,
        "volume": 5038,
        "typical_volume": 6958.9,
        "trend": 40.867221,
        "fair_value": 36.108228,
        "relative_strength": -5.631435,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.987917,
        "energy": 24.232403,
        "activity_lines": [
          42.298541,
          42.281201,
          42.336444,
          41.829926
        ]
      },
      {
        "date": "2024-06-21",
        "close": 42.854326,
        "volume": 3664,
        "typical_volume": 6717.95,
        "trend": 41.088502,
        "fair_value": 36.141756,
        "relative_strength": -4.396322,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.787516,
        "energy": 30.555216,
        "activity_lines": [
          42.448257,
          42.402373,
          42.406607,
          41.958126
        ]
      },
      {
        "date": "2024-06-28",
        "close": 42.682183,
        "volume": 10004,
        "typical_volume": 6877.0,
        "trend": 41.264918,
        "fair_value": 36.172101,
        "relative_strength": -4.604727,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.448452,
        "energy": 31.388269,
        "activity_lines": [
          42.538559,
          42.476445,
          42.447746,
          42.060944
        ]
      },
      {
        "date": "2024-07-05",
        "close": 42.402574,
        "volume": 8754,
        "typical_volume": 6920.8,
        "trend": 41.435227,
        "fair_value": 36.201542,
        "relative_strength": -6.847834,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.103724,
        "energy": 28.533823,
        "activity_lines": [
          42.516119,
          42.480835,
          42.452078,
          42.134341
        ]
      },
      {
        "date": "2024-07-12",
        "close": 43.400017,
        "volume": 14704,
        "typical_volume": 7408.2,
        "trend": 41.602535,
        "fair_value": 36.246912,
        "relative_strength": -5.433022,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 71.718334,
        "energy": 52.120912,
        "activity_lines": [
          42.829138,
          42.657786,
          42.54363,
          42.261102
        ]
      },
      {
        "date": "2024-07-19",
        "close": 43.516456,
        "volume": 6413,
        "typical_volume": 7228.9,
        "trend": 41.759329,
        "fair_value": 36.285927,
        "relative_strength": -3.16675,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.9594,
        "energy": 61.864711,
        "activity_lines": [
          43.107251,
          42.824812,
          42.637121,
          42.384581
        ]
      },
      {
        "date": "2024-07-26",
        "close": 44.052407,
        "volume": 11298,
        "typical_volume": 7388.35,
        "trend": 41.927572,
        "fair_value": 36.325982,
        "relative_strength": -1.104983,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.415585,
        "energy": 74.847663,
        "activity_lines": [
          43.467683,
          43.07286,
          42.774745,
          42.532521
        ]
      },
      {
        "date": "2024-08-02",
        "close": 43.786855,
        "volume": 3539,
        "typical_volume": 6925.3,
        "trend": 42.094342,
        "fair_value": 36.36223,
        "relative_strength": 0.468788,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.280083,
        "energy": 75.250897,
        "activity_lines": [
          43.659725,
          43.250287,
          42.8789,
          42.652475
        ]
      },
      {
        "date": "2024-08-09",
        "close": 43.91299,
        "volume": 20847,
        "typical_volume": 7413.15,
        "trend": 42.257656,
        "fair_value": 36.397161,
        "relative_strength": 0.800433,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.0378,
        "energy": 72.400435,
        "activity_lines": [
          43.820168,
          43.425235,
          42.98911,
          42.769807
        ]
      },
      {
        "date": "2024-08-16",
        "close": 44.888813,
        "volume": 19686,
        "typical_volume": 8243.1,
        "trend": 42.452497,
        "fair_value": 36.444067,
        "relative_strength": -0.859953,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.393202,
        "energy": 81.023795,
        "activity_lines": [
          44.205191,
          43.750955,
          43.189688,
          42.939559
        ]
      },
      {
        "date": "2024-08-23",
        "close": 45.768944,
        "volume": 10083,
        "typical_volume": 8386.1,
        "trend": 42.653927,
        "fair_value": 36.487727,
        "relative_strength": -0.288479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.25922,
        "energy": 89.297958,
        "activity_lines": [
          44.784337,
          44.189525,
          43.469265,
          43.153523
        ]
      },
      {
        "date": "2024-08-30",
        "close": 46.352498,
        "volume": 6049,
        "typical_volume": 8647.1,
        "trend": 42.858941,
        "fair_value": 36.535056,
        "relative_strength": 0.707434,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.340272,
        "energy": 95.425799,
        "activity_lines": [
          45.407836,
          44.666969,
          43.792624,
          43.392141
        ]
      },
      {
        "date": "2024-09-06",
        "close": 45.097841,
        "volume": 1554,
        "typical_volume": 8314.85,
        "trend": 43.010705,
        "fair_value": 36.577871,
        "relative_strength": 2.191677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.50196,
        "energy": 85.933148,
        "activity_lines": [
          45.459776,
          44.85269,
          43.975697,
          43.536586
        ]
      },
      {
        "date": "2024-09-13",
        "close": 46.149965,
        "volume": 7443,
        "typical_volume": 8513.85,
        "trend": 43.19004,
        "fair_value": 36.630562,
        "relative_strength": 0.554337,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.089693,
        "energy": 87.971946,
        "activity_lines": [
          45.775026,
          45.185786,
          44.242533,
          43.739119
        ]
      },
      {
        "date": "2024-09-20",
        "close": 46.379742,
        "volume": 1045,
        "typical_volume": 8292.05,
        "trend": 43.353418,
        "fair_value": 36.682307,
        "relative_strength": -0.314002,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.266743,
        "energy": 84.93272,
        "activity_lines": [
          46.017736,
          45.492524,
          44.511106,
          43.944906
        ]
      },
      {
        "date": "2024-09-27",
        "close": 46.862389,
        "volume": 4742,
        "typical_volume": 8323.2,
        "trend": 43.513316,
        "fair_value": 36.745841,
        "relative_strength": 0.181429,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.496094,
        "energy": 73.324836,
        "activity_lines": [
          46.321933,
          45.83284,
          44.803311,
          44.171291
        ]
      },
      {
        "date": "2024-10-04",
        "close": 47.178144,
        "volume": 4029,
        "typical_volume": 8154.25,
        "trend": 43.674756,
        "fair_value": 36.811906,
        "relative_strength": 0.585985,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.680838,
        "energy": 87.121294,
        "activity_lines": [
          46.658485,
          46.169731,
          45.105354,
          44.407732
        ]
      },
      {
        "date": "2024-10-11",
        "close": 47.455719,
        "volume": 6413,
        "typical_volume": 7851.9,
        "trend": 43.838761,
        "fair_value": 36.87546,
        "relative_strength": 0.030762,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.942858,
        "energy": 89.789376,
        "activity_lines": [
          47.032519,
          46.500259,
          45.413098,
          44.651665
        ]
      },
      {
        "date": "2024-10-18",
        "close": 48.049829,
        "volume": 3500,
        "typical_volume": 7763.15,
        "trend": 43.994626,
        "fair_value": 36.937204,
        "relative_strength": 0.420673,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.189502,
        "energy": 93.119459,
        "activity_lines": [
          47.447398,
          46.872099,
          45.753296,
          44.923347
        ]
      },
      {
        "date": "2024-10-25",
        "close": 46.753793,
        "volume": 4818,
        "typical_volume": 7681.15,
        "trend": 44.090554,
        "fair_value": 36.991515,
        "relative_strength": -1.312341,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.447815,
        "energy": 71.893919,
        "activity_lines": [
          47.303608,
          46.933082,
          45.943384,
          45.101358
        ]
      },
      {
        "date": "2024-11-01",
        "close": 46.579456,
        "volume": 6327,
        "typical_volume": 7745.6,
        "trend": 44.200125,
        "fair_value": 37.039841,
        "relative_strength": -0.282499,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.866724,
        "energy": 63.295215,
        "activity_lines": [
          47.076768,
          46.928458,
          46.095633,
          45.261932
        ]
      },
      {
        "date": "2024-11-08",
        "close": 48.74708,
        "volume": 4466,
        "typical_volume": 7785.7,
        "trend": 44.425518,
        "fair_value": 37.10002,
        "relative_strength": -0.387038,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.620667,
        "energy": 71.487705,
        "activity_lines": [
          47.591332,
          47.303212,
          46.432855,
          45.555284
        ]
      },
      {
        "date": "2024-11-15",
        "close": 47.629764,
        "volume": 10437,
        "typical_volume": 7807.35,
        "trend": 44.624985,
        "fair_value": 37.156177,
        "relative_strength": -0.615015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.09088,
        "energy": 58.043689,
        "activity_lines": [
          47.628862,
          47.431279,
          46.635605,
          45.762009
        ]
      },
      {
        "date": "2024-11-22",
        "close": 48.814769,
        "volume": 6826,
        "typical_volume": 7710.95,
        "trend": 44.854845,
        "fair_value": 37.224353,
        "relative_strength": 0.15648,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.293138,
        "energy": 68.670319,
        "activity_lines": [
          48.04979,
          47.728766,
          46.927653,
          46.032318
        ]
      },
      {
        "date": "2024-11-29",
        "close": 49.457187,
        "volume": 2468,
        "typical_volume": 7099.15,
        "trend": 45.113759,
        "fair_value": 37.303441,
        "relative_strength": 0.299954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.732882,
        "energy": 80.847492,
        "activity_lines": [
          48.633861,
          48.094606,
          47.25035,
          46.329243
        ]
      },
      {
        "date": "2024-12-06",
        "close": 48.533882,
        "volume": 9722,
        "typical_volume": 7264.6,
        "trend": 45.311117,
        "fair_value": 37.367806,
        "relative_strength": -2.37188,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.497222,
        "energy": 67.511477,
        "activity_lines": [
          48.729938,
          48.236618,
          47.456269,
          46.549896
        ]
      },
      {
        "date": "2024-12-13",
        "close": 47.098767,
        "volume": 10352,
        "typical_volume": 7217.3,
        "trend": 45.453615,
        "fair_value": 37.427701,
        "relative_strength": -4.59099,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.019141,
        "energy": 55.624027,
        "activity_lines": [
          48.217348,
          48.08731,
          47.501618,
          46.665229
        ]
      },
      {
        "date": "2024-12-20",
        "close": 46.020799,
        "volume": 11078,
        "typical_volume": 7594.25,
        "trend": 45.574671,
        "fair_value": 37.476299,
        "relative_strength": -4.916086,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 25.232386,
        "energy": 22.158082,
        "activity_lines": [
          47.455323,
          47.743451,
          47.429797,
          46.701821
        ]
      },
      {
        "date": "2024-12-27",
        "close": 46.16285,
        "volume": 3744,
        "typical_volume": 6739.1,
        "trend": 45.698526,
        "fair_value": 37.522079,
        "relative_strength": -5.118073,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.073082,
        "energy": 22.153331,
        "activity_lines": [
          46.847913,
          47.451509,
          47.360866,
          46.739768
        ]
      },
      {
        "date": "2025-01-03",
        "close": 46.077187,
        "volume": 6079,
        "typical_volume": 6058.75,
        "trend": 45.824624,
        "fair_value": 37.579464,
        "relative_strength": -4.667625,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.757657,
        "energy": 27.938366,
        "activity_lines": [
          46.388743,
          47.1783,
          47.273064,
          46.764198
        ]
      },
      {
        "date": "2025-01-10",
        "close": 45.500824,
        "volume": 9314,
        "typical_volume": 6020.3,
        "trend": 45.938935,
        "fair_value": 37.635621,
        "relative_strength": -3.899523,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -15.271105,
        "energy": 35.018851,
        "activity_lines": [
          45.962786,
          46.8126,
          47.124711,
          46.743308
        ]
      },
      {
        "date": "2025-01-17",
        "close": 47.180727,
        "volume": 7403,
        "typical_volume": 6088.0,
        "trend": 46.083148,
        "fair_value": 37.718699,
        "relative_strength": -3.132415,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.922958,
        "energy": 20.661478,
        "activity_lines": [
          46.298999,
          46.771948,
          47.137625,
          46.823423
        ]
      },
      {
        "date": "2025-01-24",
        "close": 47.486119,
        "volume": 3383,
        "typical_volume": 6179.45,
        "trend": 46.24328,
        "fair_value": 37.803706,
        "relative_strength": -4.070999,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.251401,
        "energy": 14.188672,
        "activity_lines": [
          46.731547,
          46.815302,
          47.175681,
          46.913937
        ]
      },
      {
        "date": "2025-01-31",
        "close": 47.554669,
        "volume": 4341,
        "typical_volume": 6024.35,
        "trend": 46.415016,
        "fair_value": 37.881687,
        "relative_strength": -2.874015,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.301752,
        "energy": 18.542702,
        "activity_lines": [
          47.089256,
          46.87373,
          47.208892,
          46.998543
        ]
      },
      {
        "date": "2025-02-07",
        "close": 47.615884,
        "volume": 7141,
        "typical_volume": 6329.15,
        "trend": 46.555545,
        "fair_value": 37.960745,
        "relative_strength": -2.517393,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 42.03433,
        "energy": 31.720953,
        "activity_lines": [
          47.374582,
          46.9662,
          47.241245,
          47.076019
        ]
      },
      {
        "date": "2025-02-14",
        "close": 47.669765,
        "volume": 5212,
        "typical_volume": 6352.65,
        "trend": 46.693989,
        "fair_value": 38.043733,
        "relative_strength": -3.734469,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 44.169992,
        "energy": 34.416147,
        "activity_lines": [
          47.575289,
          47.101944,
          47.272842,
          47.147904
        ]
      },
      {
        "date": "2025-02-21",
        "close": 47.542445,
        "volume": 4860,
        "typical_volume": 6394.2,
        "trend": 46.810323,
        "fair_value": 38.12298,
        "relative_strength": -2.349319,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 43.242369,
        "energy": 33.402048,
        "activity_lines": [
          47.58896,
          47.230251,
          47.288469,
          47.202643
        ]
      },
      {
        "date": "2025-02-28",
        "close": 47.965085,
        "volume": 185704,
        "typical_volume": 15358.75,
        "trend": 46.949598,
        "fair_value": 38.209644,
        "relative_strength": -0.470775,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 60.722818,
        "energy": 46.738855,
        "activity_lines": [
          47.719396,
          47.427334,
          47.342613,
          47.277144
        ]
      },
      {
        "date": "2025-03-07",
        "close": 47.234217,
        "volume": 8705,
        "typical_volume": 15619.0,
        "trend": 47.060305,
        "fair_value": 38.29596,
        "relative_strength": 1.16281,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 46.134986,
        "energy": 26.769194,
        "activity_lines": [
          47.574278,
          47.456182,
          47.324725,
          47.295506
        ]
      },
      {
        "date": "2025-03-14",
        "close": 45.951823,
        "volume": 25257,
        "typical_volume": 16640.95,
        "trend": 47.095739,
        "fair_value": 38.360717,
        "relative_strength": 0.770663,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -23.360428,
        "energy": 13.49833,
        "activity_lines": [
          47.02306,
          47.232387,
          47.188587,
          47.223991
        ]
      },
      {
        "date": "2025-03-21",
        "close": 46.054109,
        "volume": 9232,
        "typical_volume": 16786.2,
        "trend": 47.105244,
        "fair_value": 38.423124,
        "relative_strength": 0.54558,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -35.352633,
        "energy": 35.788719,
        "activity_lines": [
          46.616874,
          47.02947,
          47.066011,
          47.156789
        ]
      },
      {
        "date": "2025-03-28",
        "close": 46.228392,
        "volume": 11081,
        "typical_volume": 17116.95,
        "trend": 47.101107,
        "fair_value": 38.491196,
        "relative_strength": 2.479747,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.687348,
        "energy": 56.236053,
        "activity_lines": [
          46.376492,
          46.84818,
          46.962534,
          47.100218
        ]
      },
      {
        "date": "2025-04-04",
        "close": 43.117149,
        "volume": 22646,
        "typical_volume": 17727.4,
        "trend": 47.035084,
        "fair_value": 38.543791,
        "relative_strength": 5.093888,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.701095,
        "energy": 84.716697,
        "activity_lines": [
          45.186634,
          46.118525,
          46.574742,
          46.843189
        ]
      },
      {
        "date": "2025-04-11",
        "close": 44.516506,
        "volume": 24519,
        "typical_volume": 18612.05,
        "trend": 46.980636,
        "fair_value": 38.606367,
        "relative_strength": 2.677057,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.068884,
        "energy": 76.720126,
        "activity_lines": [
          44.786423,
          45.722735,
          46.341711,
          46.6807
        ]
      },
      {
        "date": "2025-04-18",
        "close": 44.786788,
        "volume": 5335,
        "typical_volume": 18755.4,
        "trend": 46.927537,
        "fair_value": 38.676981,
        "relative_strength": 4.780438,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.674315,
        "energy": 75.126953,
        "activity_lines": [
          44.657487,
          45.431326,
          46.154889,
          46.539161
        ]
      },
      {
        "date": "2025-04-25",
        "close": 44.886314,
        "volume": 19671,
        "typical_volume": 19252.85,
        "trend": 46.861668,
        "fair_value": 38.754647,
        "relative_strength": 0.440061,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.382469,
        "energy": 67.584619,
        "activity_lines": [
          44.639395,
          45.209451,
          45.999786,
          46.407469
        ]
      },
      {
        "date": "2025-05-02",
        "close": 46.182412,
        "volume": 3620,
        "typical_volume": 18916.25,
        "trend": 46.828477,
        "fair_value": 38.84337,
        "relative_strength": 0.426938,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.349302,
        "energy": 36.066069,
        "activity_lines": [
          45.131189,
          45.273838,
          45.98549,
          46.363646
        ]
      },
      {
        "date": "2025-05-09",
        "close": 45.982967,
        "volume": 3948,
        "typical_volume": 18559.75,
        "trend": 46.779385,
        "fair_value": 38.934845,
        "relative_strength": 0.454728,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -38.43251,
        "energy": 21.574114,
        "activity_lines": [
          45.559567,
          45.32669,
          45.956562,
          46.309097
        ]
      },
      {
        "date": "2025-05-16",
        "close": 47.362477,
        "volume": 3350,
        "typical_volume": 18540.05,
        "trend": 46.756474,
        "fair_value": 39.040126,
        "relative_strength": -1.679787,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -11.197878,
        "energy": 15.559146,
        "activity_lines": [
          46.256727,
          45.666401,
          46.059197,
          46.346716
        ]
      },
      {
        "date": "2025-05-23",
        "close": 46.56175,
        "volume": 7198,
        "typical_volume": 18596.0,
        "trend": 46.750072,
        "fair_value": 39.126136,
        "relative_strength": -0.807429,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.201724,
        "energy": 21.391342,
        "activity_lines": [
          46.497246,
          45.858193,
          46.07986,
          46.334153
        ]
      },
      {
        "date": "2025-05-30",
        "close": 47.239961,
        "volume": 2620,
        "typical_volume": 18261.3,
        "trend": 46.772089,
        "fair_value": 39.218708,
        "relative_strength": -1.085994,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 9.690184,
        "energy": 19.56536,
        "activity_lines": [
          46.845505,
          46.162206,
          46.162806,
          46.365759
        ]
      },
      {
        "date": "2025-06-06",
        "close": 47.370435,
        "volume": 6080,
        "typical_volume": 18195.15,
        "trend": 46.726201,
        "fair_value": 39.321667,
        "relative_strength": -2.40044,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 21.902234,
        "energy": 26.468128,
        "activity_lines": [
          47.080346,
          46.468381,
          46.249898,
          46.404362
        ]
      },
      {
        "date": "2025-06-13",
        "close": 46.782613,
        "volume": 1794,
        "typical_volume": 18115.7,
        "trend": 46.697962,
        "fair_value": 39.435639,
        "relative_strength": -3.26301,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.520762,
        "energy": 25.243188,
        "activity_lines": [
          47.040044,
          46.646915,
          46.280102,
          46.408001
        ]
      },
      {
        "date": "2025-06-20",
        "close": 46.742822,
        "volume": 3826,
        "typical_volume": 18089.95,
        "trend": 46.628898,
        "fair_value": 39.542477,
        "relative_strength": -3.166284,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.61862,
        "energy": 20.536285,
        "activity_lines": [
          46.933169,
          46.75157,
          46.309867,
          46.410896
        ]
      },
      {
        "date": "2025-06-27",
        "close": 47.308696,
        "volume": 19897,
        "typical_volume": 18727.75,
        "trend": 46.557281,
        "fair_value": 39.655607,
        "relative_strength": -5.226723,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.284515,
        "energy": 21.081295,
        "activity_lines": [
          47.056229,
          46.918632,
          46.397391,
          46.454754
        ]
      },
      {
        "date": "2025-07-04",
        "close": 48.094018,
        "volume": 11472,
        "typical_volume": 19040.75,
        "trend": 46.542619,
        "fair_value": 39.770658,
        "relative_strength": -5.249407,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 70.437459,
        "energy": 50.102945,
        "activity_lines": [
          47.391267,
          47.182627,
          46.56117,
          46.553898
        ]
      },
      {
        "date": "2025-07-11",
        "close": 47.392425,
        "volume": 9391,
        "typical_volume": 19267.3,
        "trend": 46.552408,
        "fair_value": 39.881709,
        "relative_strength": -6.319315,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.039431,
        "energy": 54.783866,
        "activity_lines": [
          47.435503,
          47.260738,
          46.656111,
          46.608724
        ]
      },
      {
        "date": "2025-07-18",
        "close": 47.455247,
        "volume": 3200,
        "typical_volume": 10142.1,
        "trend": 46.600223,
        "fair_value": 39.987443,
        "relative_strength": -6.684508,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.631697,
        "energy": 58.98553,
        "activity_lines": [
          47.499214,
          47.328271,
          46.757749,
          46.666972
        ]
      },
      {
        "date": "2025-07-25",
        "close": 47.87922,
        "volume": 8832,
        "typical_volume": 10148.45,
        "trend": 46.657435,
        "fair_value": 40.085699,
        "relative_strength": -7.108484,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.525628,
        "energy": 68.256494,
        "activity_lines": [
          47.659406,
          47.446121,
          46.902193,
          46.749488
        ]
      },
      {
        "date": "2025-08-01",
        "close": 46.952179,
        "volume": 4784,
        "typical_volume": 9124.8,
        "trend": 46.686601,
        "fair_value": 40.176745,
        "relative_strength": -6.483158,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.468754,
        "energy": 40.691865,
        "activity_lines": [
          47.434826,
          47.386023,
          46.955276,
          46.768503
        ]
      },
      {
        "date": "2025-08-08",
        "close": 47.71472,
        "volume": 9615,
        "typical_volume": 9143.95,
        "trend": 46.760398,
        "fair_value": 40.264266,
        "relative_strength": -7.081505,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.842551,
        "energy": 37.21149,
        "activity_lines": [
          47.488193,
          47.45747,
          47.076219,
          46.834834
        ]
      },
      {
        "date": "2025-08-15",
        "close": 47.898945,
        "volume": 17909,
        "typical_volume": 9485.35,
        "trend": 46.784338,
        "fair_value": 40.353785,
        "relative_strength": -7.463625,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.176472,
        "energy": 42.386579,
        "activity_lines": [
          47.628255,
          47.55378,
          47.206799,
          46.908288
        ]
      },
      {
        "date": "2025-08-22",
        "close": 48.651525,
        "volume": 4059,
        "typical_volume": 8556.0,
        "trend": 46.823185,
        "fair_value": 40.45351,
        "relative_strength": -6.1241,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.044159,
        "energy": 60.029459,
        "activity_lines": [
          47.98541,
          47.777314,
          47.401098,
          47.028752
        ]
      },
      {
        "date": "2025-08-29",
        "close": 48.319664,
        "volume": 19888,
        "typical_volume": 8324.45,
        "trend": 46.848685,
        "fair_value": 40.558671,
        "relative_strength": -6.540104,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.55827,
        "energy": 73.277835,
        "activity_lines": [
          48.152192,
          47.90653,
          47.537437,
          47.125299
        ]
      },
      {
        "date": "2025-09-05",
        "close": 48.207728,
        "volume": 9190,
        "typical_volume": 8517.2,
        "trend": 46.868413,
        "fair_value": 40.656535,
        "relative_strength": -6.848299,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.629111,
        "energy": 72.608578,
        "activity_lines": [
          48.252299,
          47.986723,
          47.645006,
          47.212979
        ]
      },
      {
        "date": "2025-09-12",
        "close": 48.432191,
        "volume": 14079,
        "typical_volume": 8237.6,
        "trend": 46.893827,
        "fair_value": 40.764432,
        "relative_strength": -7.652094,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.665164,
        "energy": 70.689632,
        "activity_lines": [
          48.343524,
          48.091382,
          47.757662,
          47.313868
        ]
      },
      {
        "date": "2025-09-19",
        "close": 47.797858,
        "volume": 168814,
        "typical_volume": 16497.3,
        "trend": 46.902341,
        "fair_value": 40.877993,
        "relative_strength": -9.743954,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.573945,
        "energy": 41.919689,
        "activity_lines": [
          48.175473,
          48.074559,
          47.79302,
          47.372193
        ]
      },
      {
        "date": "2025-09-26",
        "close": 48.266644,
        "volume": 12227,
        "typical_volume": 16911.25,
        "trend": 46.912393,
        "fair_value": 40.995394,
        "relative_strength": -8.377575,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.957647,
        "energy": 38.618308,
        "activity_lines": [
          48.170423,
          48.135598,
          47.865331,
          47.460212
        ]
      },
      {
        "date": "2025-10-03",
        "close": 48.424051,
        "volume": 10921,
        "typical_volume": 17289.8,
        "trend": 46.952054,
        "fair_value": 41.109688,
        "relative_strength": -8.852166,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.970783,
        "energy": 39.524975,
        "activity_lines": [
          48.243501,
          48.210505,
          47.941759,
          47.557739
        ]
      },
      {
        "date": "2025-10-10",
        "close": 47.457323,
        "volume": 10628,
        "typical_volume": 17461.3,
        "trend": 47.002238,
        "fair_value": 41.219737,
        "relative_strength": -8.230466,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 32.352618,
        "energy": 18.581645,
        "activity_lines": [
          47.987377,
          48.099736,
          47.921063,
          47.590337
        ]
      },
      {
        "date": "2025-10-17",
        "close": 47.496353,
        "volume": 32792,
        "typical_volume": 18969.9,
        "trend": 47.050312,
        "fair_value": 41.321988,
        "relative_strength": -9.469547,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 26.845426,
        "energy": 14.735391,
        "activity_lines": [
          47.79429,
          47.986879,
          47.899819,
          47.622215
        ]
      },
      {
        "date": "2025-10-24",
        "close": 47.955001,
        "volume": 20540,
        "typical_volume": 19692.9,
        "trend": 47.107866,
        "fair_value": 41.414238,
        "relative_strength": -10.092042,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 27.891302,
        "energy": 15.591911,
        "activity_lines": [
          47.816475,
          47.961383,
          47.921035,
          47.680582
        ]
      },
      {
        "date": "2025-10-31",
        "close": 47.687539,
        "volume": 15550,
        "typical_volume": 20380.7,
        "trend": 47.260212,
        "fair_value": 41.50758,
        "relative_strength": -10.949145,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 12.158932,
        "energy": 13.73614,
        "activity_lines": [
          47.73903,
          47.886239,
          47.913995,
          47.71798
        ]
      },
      {
        "date": "2025-11-07",
        "close": 47.940935,
        "volume": 7178,
        "typical_volume": 20548.3,
        "trend": 47.37436,
        "fair_value": 41.59548,
        "relative_strength": -8.749807,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 15.519424,
        "energy": 10.055752,
        "activity_lines": [
          47.784658,
          47.874693,
          47.926779,
          47.761898
        ]
      },
      {
        "date": "2025-11-14",
        "close": 48.124196,
        "volume": 15691,
        "typical_volume": 20338.0,
        "trend": 47.485607,
        "fair_value": 41.681847,
        "relative_strength": -8.291356,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 33.475269,
        "energy": 16.314382,
        "activity_lines": [
          47.923579,
          47.903354,
          47.95131,
          47.810274
        ]
      },
      {
        "date": "2025-11-21",
        "close": 47.89398,
        "volume": 8365,
        "typical_volume": 20182.65,
        "trend": 47.585862,
        "fair_value": 41.762735,
        "relative_strength": -6.707131,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 28.747126,
        "energy": 13.873087,
        "activity_lines": [
          47.941305,
          47.891676,
          47.950033,
          47.836621
        ]
      },
      {
        "date": "2025-11-28",
        "close": 48.997213,
        "volume": 1715,
        "typical_volume": 19798.85,
        "trend": 47.679689,
        "fair_value": 41.849133,
        "relative_strength": -7.701023,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 66.494428,
        "energy": 45.805404,
        "activity_lines": [
          48.300265,
          48.090371,
          48.054779,
          47.927676
        ]
      },
      {
        "date": "2025-12-05",
        "close": 48.773733,
        "volume": 6158,
        "typical_volume": 19946.75,
        "trend": 47.772715,
        "fair_value": 41.943631,
        "relative_strength": -8.210076,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.300969,
        "energy": 54.114013,
        "activity_lines": [
          48.515252,
          48.226628,
          48.130598,
          47.998259
        ]
      },
      {
        "date": "2025-12-12",
        "close": 49.063484,
        "volume": 7758,
        "typical_volume": 19893.05,
        "trend": 47.829415,
        "fair_value": 42.045632,
        "relative_strength": -6.972553,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.58112,
        "energy": 62.586356,
        "activity_lines": [
          48.75441,
          48.406346,
          48.227735,
          48.081535
        ]
      },
      {
        "date": "2025-12-19",
        "close": 48.741737,
        "volume": 20762,
        "typical_volume": 20691.95,
        "trend": 47.902081,
        "fair_value": 42.145566,
        "relative_strength": -7.53034,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.566464,
        "energy": 61.218661,
        "activity_lines": [
          48.811482,
          48.515939,
          48.28859,
          48.140394
        ]
      },
      {
        "date": "2025-12-26",
        "close": 49.223736,
        "volume": 6512,
        "typical_volume": 20536.8,
        "trend": 47.968207,
        "fair_value": 42.25103,
        "relative_strength": -7.76628,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.004044,
        "energy": 61.088617,
        "activity_lines": [
          48.988051,
          48.689815,
          48.386827,
          48.225662
        ]
      },
      {
        "date": "2026-01-02",
        "close": 48.972457,
        "volume": 8867,
        "typical_volume": 20084.7,
        "trend": 48.021608,
        "fair_value": 42.352332,
        "relative_strength": -7.114798,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.858531,
        "energy": 47.72981,
        "activity_lines": [
          48.992209,
          48.786597,
          48.453948,
          48.290453
        ]
      },
      {
        "date": "2026-01-09",
        "close": 49.929984,
        "volume": 12173,
        "typical_volume": 20490.4,
        "trend": 48.12652,
        "fair_value": 42.453619,
        "relative_strength": -6.614563,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.045076,
        "energy": 60.799058,
        "activity_lines": [
          49.317194,
          49.038976,
          48.607149,
          48.413574
        ]
      },
      {
        "date": "2026-01-16",
        "close": 51.115892,
        "volume": 12704,
        "typical_volume": 20131.2,
        "trend": 48.272289,
        "fair_value": 42.565411,
        "relative_strength": -3.920113,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.34913,
        "energy": 83.020406,
        "activity_lines": [
          49.960398,
          49.466203,
          48.867207,
          48.606436
        ]
      },
      {
        "date": "2026-01-23",
        "close": 50.663909,
        "volume": 11734,
        "typical_volume": 20258.4,
        "trend": 48.38413,
        "fair_value": 42.670497,
        "relative_strength": -4.302038,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.626688,
        "energy": 81.229562,
        "activity_lines": [
          50.316114,
          49.753524,
          49.070903,
          48.760734
        ]
      },
      {
        "date": "2026-01-30",
        "close": 50.901449,
        "volume": 10666,
        "typical_volume": 20087.75,
        "trend": 48.477711,
        "fair_value": 42.773004,
        "relative_strength": -4.080781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.289561,
        "energy": 85.305815,
        "activity_lines": [
          50.622865,
          50.037858,
          49.285525,
          48.923142
        ]
      },
      {
        "date": "2026-02-06",
        "close": 52.715653,
        "volume": 6987,
        "typical_volume": 11996.4,
        "trend": 48.655152,
        "fair_value": 42.888355,
        "relative_strength": -0.37158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.538753,
        "energy": 95.391809,
        "activity_lines": [
          51.422504,
          50.597366,
          49.661171,
          49.196558
        ]
      },
      {
        "date": "2026-02-13",
        "close": 52.135442,
        "volume": 8183,
        "typical_volume": 11794.2,
        "trend": 48.811158,
        "fair_value": 42.997547,
        "relative_strength": -0.120284,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.421533,
        "energy": 89.260928,
        "activity_lines": [
          51.779192,
          50.983773,
          49.95814,
          49.421093
        ]
      },
      {
        "date": "2026-02-20",
        "close": 52.471243,
        "volume": 1881,
        "typical_volume": 11342.2,
        "trend": 48.964225,
        "fair_value": 43.113137,
        "relative_strength": -0.49516,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.486161,
        "energy": 90.211288,
        "activity_lines": [
          52.100783,
          51.370113,
          50.268668,
          49.657227
        ]
      },
      {
        "date": "2026-02-27",
        "close": 52.576075,
        "volume": 1056,
        "typical_volume": 10863.6,
        "trend": 49.151689,
        "fair_value": 43.223025,
        "relative_strength": 0.330438,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.903985,
        "energy": 89.021548,
        "activity_lines": [
          52.366962,
          51.713554,
          50.569907,
          49.89025
        ]
      },
      {
        "date": "2026-03-06",
        "close": 51.721987,
        "volume": 4393,
        "typical_volume": 9443.65,
        "trend": 49.285264,
        "fair_value": 43.337992,
        "relative_strength": 0.852089,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.583362,
        "energy": 64.675381,
        "activity_lines": [
          52.220967,
          51.831991,
          50.76543,
          50.056075
        ]
      },
      {
        "date": "2026-03-13",
        "close": 50.460019,
        "volume": 6379,
        "typical_volume": 8735.6,
        "trend": 49.370633,
        "fair_value": 43.450375,
        "relative_strength": 0.052159,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.187567,
        "energy": 47.166839,
        "activity_lines": [
          51.599613,
          51.675556,
          50.820643,
          50.131866
        ]
      },
      {
        "date": "2026-03-20",
        "close": 49.418267,
        "volume": 10585,
        "typical_volume": 8487.35,
        "trend": 49.396191,
        "fair_value": 43.552836,
        "relative_strength": -0.055978,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 21.565368,
        "energy": 20.900037,
        "activity_lines": [
          50.781384,
          51.302665,
          50.764713,
          50.134939
        ]
      },
      {
        "date": "2026-03-27",
        "close": 49.4299,
        "volume": 8197,
        "typical_volume": 8538.3,
        "trend": 49.433199,
        "fair_value": 43.646076,
        "relative_strength": 2.410447,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.613981,
        "energy": 24.994962,
        "activity_lines": [
          50.148178,
          50.941194,
          50.701649,
          50.137114
        ]
      },
      {
        "date": "2026-04-03",
        "close": 50.1971,
        "volume": 3184,
        "typical_volume": 7912.95,
        "trend": 49.499512,
        "fair_value": 43.748401,
        "relative_strength": 0.801343,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.449622,
        "energy": 30.184939,
        "activity_lines": [
          49.973462,
          50.749868,
          50.704561,
          50.186398
        ]
      },
      {
        "date": "2026-04-10",
        "close": 50.4738,
        "volume": 7156,
        "typical_volume": 7852.5,
        "trend": 49.567565,
        "fair_value": 43.846732,
        "relative_strength": -1.918447,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.176336,
        "energy": 23.195744,
        "activity_lines": [
          50.049577,
          50.617338,
          50.723955,
          50.249255
        ]
      },
      {
        "date": "2026-04-17",
        "close": 51.6452,
        "volume": 5435,
        "typical_volume": 8038.5,
        "trend": 49.69581,
        "fair_value": 43.952205,
        "relative_strength": -3.651788,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.326109,
        "energy": 18.450618,
        "activity_lines": [
          50.599371,
          50.705565,
          50.842626,
          50.383296
        ]
      },
      {
        "date": "2026-04-24",
        "close": 50.931452,
        "volume": 13561,
        "typical_volume": 8408.65,
        "trend": 49.784637,
        "fair_value": 44.05786,
        "relative_strength": -5.220723,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.890548,
        "energy": 21.741414,
        "activity_lines": [
          50.832237,
          50.683483,
          50.880712,
          50.463015
        ]
      },
      {
        "date": "2026-05-01",
        "close": 51.500122,
        "volume": 3109,
        "typical_volume": 8176.2,
        "trend": 49.887173,
        "fair_value": 44.168668,
        "relative_strength": -4.788297,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 46.843328,
        "energy": 33.599348,
        "activity_lines": [
          51.153781,
          50.786687,
          50.962682,
          50.573691
        ]
      },
      {
        "date": "2026-05-08",
        "close": 50.516969,
        "volume": 5804,
        "typical_volume": 7428.3,
        "trend": 49.989161,
        "fair_value": 44.270119,
        "relative_strength": -8.427773,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 34.59042,
        "energy": 27.370304,
        "activity_lines": [
          51.009593,
          50.728791,
          50.939415,
          50.614323
        ]
      },
      {
        "date": "2026-05-15",
        "close": 50.613124,
        "volume": 3406,
        "typical_volume": 7273.0,
        "trend": 50.093053,
        "fair_value": 44.371687,
        "relative_strength": -8.158949,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.011222,
        "energy": 18.078932,
        "activity_lines": [
          50.876131,
          50.725817,
          50.916852,
          50.654579
        ]
      },
      {
        "date": "2026-05-22",
        "close": 51.802225,
        "volume": 5455,
        "typical_volume": 7102.4,
        "trend": 50.221294,
        "fair_value": 44.482313,
        "relative_strength": -6.531162,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 51.02052,
        "energy": 28.442949,
        "activity_lines": [
          51.129748,
          50.959205,
          51.000921,
          50.764848
        ]
      },
      {
        "date": "2026-05-29",
        "close": 51.409243,
        "volume": 1422,
        "typical_volume": 6564.85,
        "trend": 50.345351,
        "fair_value": 44.587439,
        "relative_strength": -8.258221,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.697529,
        "energy": 26.667311,
        "activity_lines": [
          51.241903,
          51.096737,
          51.034088,
          50.84149
        ]
      },
      {
        "date": "2026-06-05",
        "close": 51.543322,
        "volume": 15187,
        "typical_volume": 6689.0,
        "trend": 50.46543,
        "fair_value": 44.690633,
        "relative_strength": -5.410474,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 53.437198,
        "energy": 36.154164,
        "activity_lines": [
          51.366898,
          51.222447,
          51.07298,
          50.918779
        ]
      },
      {
        "date": "2026-06-12",
        "close": 52.058639,
        "volume": 7129,
        "typical_volume": 6458.75,
        "trend": 50.596579,
        "fair_value": 44.794158,
        "relative_strength": -4.78074,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 63.853651,
        "energy": 57.990286,
        "activity_lines": [
          51.660786,
          51.403426,
          51.158915,
          51.021566
        ]
      },
      {
        "date": "2026-06-19",
        "close": 50.721822,
        "volume": 1091,
        "typical_volume": 5980.0,
        "trend": 50.69084,
        "fair_value": 44.892346,
        "relative_strength": -7.801825,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 39.930382,
        "energy": 27.924166,
        "activity_lines": [
          51.40629,
          51.307501,
          51.110892,
          51.029646
        ]
      },
      {
        "date": "2026-06-26",
        "close": 51.2408,
        "volume": 5505,
        "typical_volume": 5905.9,
        "trend": 50.765626,
        "fair_value": 44.985343,
        "relative_strength": -4.403528,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.904672,
        "energy": 24.066913,
        "activity_lines": [
          51.317539,
          51.301426,
          51.113151,
          51.065128
        ]
      },
      {
        "date": "2026-07-03",
        "close": 51.9168,
        "volume": 1468,
        "typical_volume": 5570.15,
        "trend": 50.870395,
        "fair_value": 45.085559,
        "relative_strength": -4.995777,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.192937,
        "energy": 30.516521,
        "activity_lines": [
          51.491551,
          51.425613,
          51.186814,
          51.139397
        ]
      },
      {
        "date": "2026-07-10",
        "close": 52.1576,
        "volume": 6511,
        "typical_volume": 5801.65,
        "trend": 50.973532,
        "fair_value": 45.18256,
        "relative_strength": -5.649272,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.323029,
        "energy": 32.012594,
        "activity_lines": [
          51.711992,
          51.575667,
          51.284452,
          51.222442
        ]
      },
      {
        "date": "2026-07-17",
        "close": 52.505,
        "volume": 9888,
        "typical_volume": 6243.25,
        "trend": 51.098974,
        "fair_value": 45.278385,
        "relative_strength": -3.383391,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.086944,
        "energy": 58.658583,
        "activity_lines": [
          52.007281,
          51.776929,
          51.416669,
          51.321247
        ]
      },
      {
        "date": "2026-07-24",
        "close": 53.0938,
        "volume": 3580,
        "typical_volume": 6202.6,
        "trend": 51.227976,
        "fair_value": 45.378816,
        "relative_strength": -1.616563,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.455272,
        "energy": 75.59499,
        "activity_lines": [
          52.46908,
          52.049101,
          51.6053,
          51.449945
        ]
      },
      {
        "date": "2026-07-31",
        "close": 53.4261,
        "volume": 5764,
        "typical_volume": 6171.85,
        "trend": 51.376431,
        "fair_value": 45.484281,
        "relative_strength": -1.949378,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.551822,
        "energy": 80.612342,
        "activity_lines": [
          52.883513,
          52.336587,
          51.819047,
          51.59176
        ]
      },
      {
        "date": "2026-08-07",
        "close": 54.2637,
        "volume": 4725,
        "typical_volume": 5878.85,
        "trend": 51.520888,
        "fair_value": 45.592982,
        "relative_strength": -3.64967,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.278172,
        "energy": 89.559914,
        "activity_lines": [
          53.43146,
          52.746839,
          52.098441,
          51.778035
        ]
      }
    ],
    "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."
    }
  }
}