{
  "ticker": {
    "uuid": "273601cb-1ef6-40ce-9dfb-d163f4dbe82d",
    "symbol": "UJAN",
    "name": "Innovator U.S. Equity Ultra Buffer ETF - January",
    "exchange": "CBOE",
    "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": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 63.617,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 86.0,
    "architecture_energy": 79.732,
    "architecture_maturity": 39.556,
    "architecture_confidence": 73.542,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 8.53,
        "rotation_up": 66.63,
        "upward_expansion": 92.21,
        "deceleration": 47.11,
        "rotation_down": 23.77,
        "downward_expansion": 16.55
      },
      "activity_lines": [
        45.685373,
        45.498176,
        45.210466,
        44.768619
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.833333
    },
    "latest_close": 46.09,
    "trend_reference": 44.267903,
    "distance_from_trend": 0.041161,
    "trend_direction": "Improving",
    "fair_value": 39.107679,
    "distance_from_fair_value": 0.178541,
    "fair_value_direction": "Weakening",
    "relative_strength": -5.47557,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.057353,
    "excess_performance": -0.068272,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.041161,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.018761,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.178541,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.001459,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.054756,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.000525,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.057353,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.365202,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 150741,
      "relative_activity": 0.898053,
      "balance": 0.365202,
      "dry_up": 2.680831,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.00905,
      "annualized_volatility": 0.05888,
      "from_high_reference": -0.00065,
      "from_low_reference": 0.121957
    },
    "levels": {
      "trend_reference": 44.267903,
      "fair_value_reference": 39.107679,
      "structural_low": 41.863,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 47,
        "median_return": 0.007609,
        "positive_rate": 0.723404,
        "directional_follow_through": 0.723404,
        "median_excess_return": -0.005637,
        "regime_survival": 0.851064,
        "best_return": 0.036015,
        "worst_return": -0.037987,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 16,
        "median_return": 0.025879,
        "positive_rate": 0.875,
        "directional_follow_through": 0.875,
        "median_excess_return": -0.006301,
        "regime_survival": 0.75,
        "best_return": 0.047324,
        "worst_return": -0.024847,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 9,
        "median_return": 0.060223,
        "positive_rate": 0.888889,
        "directional_follow_through": 0.888889,
        "median_excess_return": -0.034588,
        "regime_survival": 0.777778,
        "best_return": 0.082232,
        "worst_return": -0.065734,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.120509,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.017742,
        "regime_survival": 0.75,
        "best_return": 0.152806,
        "worst_return": -0.057864,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-11-24",
        "end": "2024-04-26",
        "tenure": "Established",
        "return": 0.051137,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.01779,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-08-09",
        "tenure": "Developing",
        "return": 0.009565,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-16",
        "end": "2024-08-23",
        "tenure": "New",
        "return": 0.004612,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-08-30",
        "end": "2025-03-28",
        "tenure": "Extended",
        "return": 0.005878,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-18",
        "tenure": "New",
        "return": 0.018062,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.039719,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-05-30",
        "tenure": "New",
        "return": 0.010113,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-06",
        "end": "2025-06-27",
        "tenure": "New",
        "return": 0.016715,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-04",
        "end": "2026-03-06",
        "tenure": "Extended",
        "return": 0.058954,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-13",
        "end": "2026-03-27",
        "tenure": "New",
        "return": -0.017527,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-03",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.017084,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-17",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.001359,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.034104,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 32.6098,
        "volume": 70369,
        "typical_volume": 86597.85,
        "trend": 31.64496,
        "fair_value": 30.457444,
        "relative_strength": -2.206325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.647261,
        "energy": 60.691525,
        "activity_lines": [
          32.80566,
          32.796038,
          32.477551,
          32.111884
        ]
      },
      {
        "date": "2023-08-25",
        "close": 32.7821,
        "volume": 34364,
        "typical_volume": 85854.8,
        "trend": 31.711697,
        "fair_value": 30.48241,
        "relative_strength": -2.472982,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.560738,
        "energy": 49.596348,
        "activity_lines": [
          32.777473,
          32.805358,
          32.539178,
          32.185248
        ]
      },
      {
        "date": "2023-09-01",
        "close": 33.1802,
        "volume": 40795,
        "typical_volume": 84854.4,
        "trend": 31.78537,
        "fair_value": 30.511733,
        "relative_strength": -3.680979,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.13785,
        "energy": 61.642359,
        "activity_lines": [
          32.894233,
          32.880658,
          32.630805,
          32.27999
        ]
      },
      {
        "date": "2023-09-08",
        "close": 33.0916,
        "volume": 47814,
        "typical_volume": 85354.2,
        "trend": 31.860913,
        "fair_value": 30.541274,
        "relative_strength": -2.722435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.508055,
        "energy": 59.558785,
        "activity_lines": [
          32.973807,
          32.925004,
          32.704807,
          32.364263
        ]
      },
      {
        "date": "2023-09-15",
        "close": 33.1454,
        "volume": 59973,
        "typical_volume": 84827.05,
        "trend": 31.93976,
        "fair_value": 30.571501,
        "relative_strength": -2.372531,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.126747,
        "energy": 64.910702,
        "activity_lines": [
          33.053867,
          32.972556,
          32.775443,
          32.447133
        ]
      },
      {
        "date": "2023-09-22",
        "close": 32.6575,
        "volume": 44503,
        "typical_volume": 76024.95,
        "trend": 32.01501,
        "fair_value": 30.598931,
        "relative_strength": -0.791072,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.090739,
        "energy": 51.422039,
        "activity_lines": [
          32.952427,
          32.921005,
          32.791492,
          32.493439
        ]
      },
      {
        "date": "2023-09-29",
        "close": 32.5685,
        "volume": 46773,
        "typical_volume": 75064.65,
        "trend": 32.076293,
        "fair_value": 30.62482,
        "relative_strength": -0.209459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.29971,
        "energy": 31.825541,
        "activity_lines": [
          32.81814,
          32.857276,
          32.792871,
          32.529148
        ]
      },
      {
        "date": "2023-10-06",
        "close": 32.6924,
        "volume": 37444,
        "typical_volume": 73753.7,
        "trend": 32.163873,
        "fair_value": 30.648966,
        "relative_strength": -0.162331,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.622478,
        "energy": 20.004109,
        "activity_lines": [
          32.739393,
          32.823298,
          32.800296,
          32.568897
        ]
      },
      {
        "date": "2023-10-13",
        "close": 32.8063,
        "volume": 46099,
        "typical_volume": 71569.55,
        "trend": 32.24444,
        "fair_value": 30.673559,
        "relative_strength": -0.090891,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.001865,
        "energy": 21.857041,
        "activity_lines": [
          32.731133,
          32.816811,
          32.813556,
          32.610344
        ]
      },
      {
        "date": "2023-10-20",
        "close": 32.2989,
        "volume": 40107,
        "typical_volume": 70014.65,
        "trend": 32.300507,
        "fair_value": 30.695281,
        "relative_strength": 0.855129,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.000656,
        "energy": 14.922464,
        "activity_lines": [
          32.57276,
          32.718498,
          32.773273,
          32.613857
        ]
      },
      {
        "date": "2023-10-27",
        "close": 31.6489,
        "volume": 22769,
        "typical_volume": 70070.6,
        "trend": 32.31907,
        "fair_value": 30.717117,
        "relative_strength": 1.359909,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -42.550447,
        "energy": 38.190703,
        "activity_lines": [
          32.254153,
          32.512249,
          32.669875,
          32.571818
        ]
      },
      {
        "date": "2023-11-03",
        "close": 33.1555,
        "volume": 35213,
        "typical_volume": 68940.4,
        "trend": 32.38692,
        "fair_value": 30.743114,
        "relative_strength": 0.40584,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.125091,
        "energy": 19.792336,
        "activity_lines": [
          32.504987,
          32.597398,
          32.712398,
          32.625781
        ]
      },
      {
        "date": "2023-11-10",
        "close": 33.4707,
        "volume": 68373,
        "typical_volume": 60498.25,
        "trend": 32.46091,
        "fair_value": 30.76937,
        "relative_strength": -0.016257,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.13201,
        "energy": 20.788464,
        "activity_lines": [
          32.821753,
          32.733067,
          32.781485,
          32.695703
        ]
      },
      {
        "date": "2023-11-17",
        "close": 33.8686,
        "volume": 68916,
        "typical_volume": 61446.05,
        "trend": 32.546233,
        "fair_value": 30.798472,
        "relative_strength": -1.088532,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 73.585886,
        "energy": 57.269455,
        "activity_lines": [
          33.219267,
          32.9358,
          32.883196,
          32.786521
        ]
      },
      {
        "date": "2023-11-24",
        "close": 34.0203,
        "volume": 80135,
        "typical_volume": 58836.3,
        "trend": 32.632243,
        "fair_value": 30.82716,
        "relative_strength": -1.62537,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.133707,
        "energy": 74.272096,
        "activity_lines": [
          33.596527,
          33.151987,
          32.993933,
          32.881622
        ]
      },
      {
        "date": "2023-12-01",
        "close": 34.1346,
        "volume": 122587,
        "typical_volume": 56658.55,
        "trend": 32.724837,
        "fair_value": 30.855779,
        "relative_strength": -2.1224,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.899708,
        "energy": 85.619014,
        "activity_lines": [
          33.897127,
          33.373049,
          33.108667,
          32.978549
        ]
      },
      {
        "date": "2023-12-08",
        "close": 34.2102,
        "volume": 94698,
        "typical_volume": 58744.1,
        "trend": 32.819843,
        "fair_value": 30.885521,
        "relative_strength": -2.082011,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.346341,
        "energy": 86.542306,
        "activity_lines": [
          34.057213,
          33.581,
          33.224615,
          33.074378
        ]
      },
      {
        "date": "2023-12-15",
        "close": 34.3052,
        "volume": 64366,
        "typical_volume": 55759.05,
        "trend": 32.908683,
        "fair_value": 30.914817,
        "relative_strength": -3.976313,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.151163,
        "energy": 85.884941,
        "activity_lines": [
          34.178653,
          33.776375,
          33.343686,
          33.170208
        ]
      },
      {
        "date": "2023-12-22",
        "close": 34.33,
        "volume": 37161,
        "typical_volume": 55309.05,
        "trend": 32.996013,
        "fair_value": 30.94408,
        "relative_strength": -4.632222,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.093936,
        "energy": 84.172534,
        "activity_lines": [
          34.252727,
          33.946935,
          33.459214,
          33.261906
        ]
      },
      {
        "date": "2023-12-29",
        "close": 34.43,
        "volume": 280270,
        "typical_volume": 67136.45,
        "trend": 33.075517,
        "fair_value": 30.973375,
        "relative_strength": -4.532899,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.426225,
        "energy": 61.753799,
        "activity_lines": [
          34.329373,
          34.107973,
          33.577123,
          33.354421
        ]
      },
      {
        "date": "2024-01-05",
        "close": 34.16,
        "volume": 830341,
        "typical_volume": 105135.05,
        "trend": 33.142177,
        "fair_value": 31.000088,
        "relative_strength": -3.654938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.545507,
        "energy": 55.372845,
        "activity_lines": [
          34.288707,
          34.181173,
          33.661853,
          33.424388
        ]
      },
      {
        "date": "2024-01-12",
        "close": 34.54,
        "volume": 523839,
        "typical_volume": 129608.8,
        "trend": 33.21251,
        "fair_value": 31.030537,
        "relative_strength": -4.252677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.703197,
        "energy": 57.025299,
        "activity_lines": [
          34.373013,
          34.277807,
          33.775392,
          33.51457
        ]
      },
      {
        "date": "2024-01-19",
        "close": 34.7479,
        "volume": 669318,
        "typical_volume": 161034.95,
        "trend": 33.291983,
        "fair_value": 31.061014,
        "relative_strength": -4.681178,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.625131,
        "energy": 59.956824,
        "activity_lines": [
          34.504633,
          34.387069,
          33.90036,
          33.613627
        ]
      },
      {
        "date": "2024-01-26",
        "close": 34.95,
        "volume": 420509,
        "typical_volume": 179669.7,
        "trend": 33.365983,
        "fair_value": 31.094924,
        "relative_strength": -4.977488,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.990522,
        "energy": 75.977122,
        "activity_lines": [
          34.674107,
          34.509855,
          34.03711,
          33.720596
        ]
      },
      {
        "date": "2024-02-02",
        "close": 35.1539,
        "volume": 191043,
        "typical_volume": 186223.2,
        "trend": 33.45199,
        "fair_value": 31.127962,
        "relative_strength": -5.641182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.678827,
        "energy": 91.865307,
        "activity_lines": [
          34.870213,
          34.650051,
          34.184429,
          33.835946
        ]
      },
      {
        "date": "2024-02-09",
        "close": 35.3956,
        "volume": 68263,
        "typical_volume": 187411.2,
        "trend": 33.53592,
        "fair_value": 31.161784,
        "relative_strength": -6.145303,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.684936,
        "energy": 93.222261,
        "activity_lines": [
          35.098627,
          34.813582,
          34.345203,
          33.96134
        ]
      },
      {
        "date": "2024-02-16",
        "close": 35.31,
        "volume": 66216,
        "typical_volume": 188383.35,
        "trend": 33.61406,
        "fair_value": 31.195822,
        "relative_strength": -5.910119,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.314987,
        "energy": 90.025465,
        "activity_lines": [
          35.216133,
          34.938622,
          34.484787,
          34.075797
        ]
      },
      {
        "date": "2024-02-23",
        "close": 35.575,
        "volume": 344467,
        "typical_volume": 203734.5,
        "trend": 33.697713,
        "fair_value": 31.232521,
        "relative_strength": -6.573774,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.98348,
        "energy": 91.040565,
        "activity_lines": [
          35.37064,
          35.091847,
          34.636553,
          34.202309
        ]
      },
      {
        "date": "2024-03-01",
        "close": 35.75,
        "volume": 72827,
        "typical_volume": 205070.9,
        "trend": 33.79505,
        "fair_value": 31.269765,
        "relative_strength": -6.850725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.505156,
        "energy": 80.185304,
        "activity_lines": [
          35.52834,
          35.253804,
          34.79126,
          34.334714
        ]
      },
      {
        "date": "2024-03-08",
        "close": 35.64,
        "volume": 60396,
        "typical_volume": 206085.35,
        "trend": 33.887637,
        "fair_value": 31.304679,
        "relative_strength": -6.70567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.198016,
        "energy": 67.632961,
        "activity_lines": [
          35.59604,
          35.369942,
          34.921473,
          34.453743
        ]
      },
      {
        "date": "2024-03-15",
        "close": 35.62,
        "volume": 98015,
        "typical_volume": 209847.65,
        "trend": 33.987977,
        "fair_value": 31.339296,
        "relative_strength": -6.483485,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.953043,
        "energy": 65.518501,
        "activity_lines": [
          35.624667,
          35.460444,
          35.033871,
          34.565509
        ]
      },
      {
        "date": "2024-03-22",
        "close": 36.01,
        "volume": 99054,
        "typical_volume": 213039.7,
        "trend": 34.095573,
        "fair_value": 31.375578,
        "relative_strength": -7.299413,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.830817,
        "energy": 69.073822,
        "activity_lines": [
          35.768333,
          35.595309,
          35.164502,
          34.695962
        ]
      },
      {
        "date": "2024-03-29",
        "close": 36.1016,
        "volume": 146295,
        "typical_volume": 216935.8,
        "trend": 34.192953,
        "fair_value": 31.411551,
        "relative_strength": -7.201692,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.972468,
        "energy": 70.573598,
        "activity_lines": [
          35.895867,
          35.720102,
          35.290264,
          34.825383
        ]
      },
      {
        "date": "2024-04-05",
        "close": 35.9616,
        "volume": 112728,
        "typical_volume": 219126.4,
        "trend": 34.28862,
        "fair_value": 31.445022,
        "relative_strength": -6.545886,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.473543,
        "energy": 67.593212,
        "activity_lines": [
          35.941627,
          35.794827,
          35.390164,
          34.939489
        ]
      },
      {
        "date": "2024-04-12",
        "close": 35.7288,
        "volume": 43637,
        "typical_volume": 217301.5,
        "trend": 34.374733,
        "fair_value": 31.477034,
        "relative_strength": -5.603657,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.237299,
        "energy": 64.197846,
        "activity_lines": [
          35.89568,
          35.808833,
          35.457927,
          35.032404
        ]
      },
      {
        "date": "2024-04-19",
        "close": 35.2,
        "volume": 102018,
        "typical_volume": 216273.05,
        "trend": 34.459483,
        "fair_value": 31.505842,
        "relative_strength": -3.904917,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.765743,
        "energy": 45.343534,
        "activity_lines": [
          35.667547,
          35.71624,
          35.467191,
          35.085647
        ]
      },
      {
        "date": "2024-04-26",
        "close": 35.76,
        "volume": 73285,
        "typical_volume": 215202.4,
        "trend": 34.565867,
        "fair_value": 31.538053,
        "relative_strength": -4.735473,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.572847,
        "energy": 35.765774,
        "activity_lines": [
          35.65408,
          35.729022,
          35.524716,
          35.169551
        ]
      },
      {
        "date": "2024-05-03",
        "close": 35.88,
        "volume": 67249,
        "typical_volume": 215346.55,
        "trend": 34.67212,
        "fair_value": 31.57066,
        "relative_strength": -4.810623,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.425357,
        "energy": 33.709212,
        "activity_lines": [
          35.69728,
          35.75544,
          35.58629,
          35.254334
        ]
      },
      {
        "date": "2024-05-10",
        "close": 36.2099,
        "volume": 320587,
        "typical_volume": 229517.85,
        "trend": 34.785573,
        "fair_value": 31.605715,
        "relative_strength": -5.505042,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 75.25167,
        "energy": 47.261475,
        "activity_lines": [
          35.86522,
          35.836295,
          35.671783,
          35.353546
        ]
      },
      {
        "date": "2024-05-17",
        "close": 36.5183,
        "volume": 32392,
        "typical_volume": 217123.95,
        "trend": 34.92622,
        "fair_value": 31.643069,
        "relative_strength": -6.060727,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 83.546472,
        "energy": 63.81266,
        "activity_lines": [
          36.119407,
          35.96486,
          35.777696,
          35.465335
        ]
      },
      {
        "date": "2024-05-24",
        "close": 36.5907,
        "volume": 26195,
        "typical_volume": 176916.65,
        "trend": 35.090947,
        "fair_value": 31.679929,
        "relative_strength": -5.687832,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.540166,
        "energy": 88.006978,
        "activity_lines": [
          36.345093,
          36.09062,
          35.88056,
          35.57272
        ]
      },
      {
        "date": "2024-05-31",
        "close": 36.5489,
        "volume": 31205,
        "typical_volume": 152284.95,
        "trend": 35.20406,
        "fair_value": 31.716333,
        "relative_strength": -5.259923,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.708091,
        "energy": 86.740862,
        "activity_lines": [
          36.464133,
          36.191131,
          35.967868,
          35.666782
        ]
      },
      {
        "date": "2024-06-07",
        "close": 36.7617,
        "volume": 36750,
        "typical_volume": 120656.55,
        "trend": 35.31376,
        "fair_value": 31.753619,
        "relative_strength": -5.718269,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.437679,
        "energy": 89.535773,
        "activity_lines": [
          36.601513,
          36.320535,
          36.065876,
          35.767275
        ]
      },
      {
        "date": "2024-06-14",
        "close": 36.9708,
        "volume": 68072,
        "typical_volume": 103034.7,
        "trend": 35.417167,
        "fair_value": 31.79324,
        "relative_strength": -6.554585,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.767996,
        "energy": 89.263101,
        "activity_lines": [
          36.749813,
          36.475955,
          36.17421,
          35.874181
        ]
      },
      {
        "date": "2024-06-21",
        "close": 37.0511,
        "volume": 450500,
        "typical_volume": 116007.55,
        "trend": 35.518193,
        "fair_value": 31.832029,
        "relative_strength": -6.760645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.993157,
        "energy": 84.13395,
        "activity_lines": [
          36.874153,
          36.627625,
          36.280568,
          35.979596
        ]
      },
      {
        "date": "2024-06-28",
        "close": 37.1096,
        "volume": 70796,
        "typical_volume": 116134.2,
        "trend": 35.61736,
        "fair_value": 31.870744,
        "relative_strength": -6.398761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.166806,
        "energy": 83.500236,
        "activity_lines": [
          36.982473,
          36.765891,
          36.383463,
          36.082267
        ]
      },
      {
        "date": "2024-07-05",
        "close": 37.32,
        "volume": 149679,
        "typical_volume": 120307.35,
        "trend": 35.72102,
        "fair_value": 31.910755,
        "relative_strength": -7.440232,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.401537,
        "energy": 85.886276,
        "activity_lines": [
          37.126333,
          36.907691,
          36.498234,
          36.192115
        ]
      },
      {
        "date": "2024-07-12",
        "close": 37.42,
        "volume": 98813,
        "typical_volume": 108024.65,
        "trend": 35.824847,
        "fair_value": 31.951909,
        "relative_strength": -7.898942,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.180727,
        "energy": 85.51228,
        "activity_lines": [
          37.25212,
          37.039309,
          36.612958,
          36.301726
        ]
      },
      {
        "date": "2024-07-19",
        "close": 37.2552,
        "volume": 71237,
        "typical_volume": 107945.15,
        "trend": 35.922353,
        "fair_value": 31.991365,
        "relative_strength": -6.316597,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.647935,
        "energy": 78.011695,
        "activity_lines": [
          37.279087,
          37.112964,
          36.703201,
          36.394007
        ]
      },
      {
        "date": "2024-07-26",
        "close": 37.1941,
        "volume": 56731,
        "typical_volume": 107761.9,
        "trend": 36.01449,
        "fair_value": 32.030334,
        "relative_strength": -5.561546,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.891187,
        "energy": 69.086025,
        "activity_lines": [
          37.266727,
          37.156504,
          36.780457,
          36.476055
        ]
      },
      {
        "date": "2024-08-02",
        "close": 36.857,
        "volume": 45959,
        "typical_volume": 105159.1,
        "trend": 36.10439,
        "fair_value": 32.066917,
        "relative_strength": -4.254844,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.52642,
        "energy": 55.252694,
        "activity_lines": [
          37.132467,
          37.126465,
          36.818208,
          36.530411
        ]
      },
      {
        "date": "2024-08-09",
        "close": 36.9407,
        "volume": 139063,
        "typical_volume": 107159.55,
        "trend": 36.184413,
        "fair_value": 32.10371,
        "relative_strength": -3.913718,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.245582,
        "energy": 36.137556,
        "activity_lines": [
          37.042947,
          37.106804,
          36.85804,
          36.584366
        ]
      },
      {
        "date": "2024-08-16",
        "close": 37.5561,
        "volume": 77241,
        "typical_volume": 103706.85,
        "trend": 36.27802,
        "fair_value": 32.14471,
        "relative_strength": -5.869365,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.244165,
        "energy": 44.058787,
        "activity_lines": [
          37.183847,
          37.191909,
          36.95205,
          36.672862
        ]
      },
      {
        "date": "2024-08-23",
        "close": 37.7293,
        "volume": 37124,
        "typical_volume": 99926.65,
        "trend": 36.370663,
        "fair_value": 32.186052,
        "relative_strength": -6.540049,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 76.59732,
        "energy": 54.481158,
        "activity_lines": [
          37.373407,
          37.294062,
          37.055628,
          36.766493
        ]
      },
      {
        "date": "2024-08-30",
        "close": 37.8178,
        "volume": 19158,
        "typical_volume": 98702.7,
        "trend": 36.45946,
        "fair_value": 32.22764,
        "relative_strength": -6.390855,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.70186,
        "energy": 63.779484,
        "activity_lines": [
          37.56086,
          37.398515,
          37.159218,
          36.859857
        ]
      },
      {
        "date": "2024-09-06",
        "close": 37.2754,
        "volume": 80072,
        "typical_volume": 97605.4,
        "trend": 36.52212,
        "fair_value": 32.266169,
        "relative_strength": -3.587574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.933029,
        "energy": 62.574107,
        "activity_lines": [
          37.525933,
          37.390409,
          37.201202,
          36.912498
        ]
      },
      {
        "date": "2024-09-13",
        "close": 37.8155,
        "volume": 72158,
        "typical_volume": 97549.05,
        "trend": 36.605637,
        "fair_value": 32.308607,
        "relative_strength": -5.749391,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.647099,
        "energy": 68.545548,
        "activity_lines": [
          37.643147,
          37.477489,
          37.284742,
          36.995942
        ]
      },
      {
        "date": "2024-09-20",
        "close": 37.975,
        "volume": 88436,
        "typical_volume": 98608.4,
        "trend": 36.685637,
        "fair_value": 32.351619,
        "relative_strength": -6.424694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.87665,
        "energy": 61.370052,
        "activity_lines": [
          37.755207,
          37.58456,
          37.373685,
          37.084288
        ]
      },
      {
        "date": "2024-09-27",
        "close": 38.02,
        "volume": 29172,
        "typical_volume": 84037.65,
        "trend": 36.761303,
        "fair_value": 32.395551,
        "relative_strength": -6.572751,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.996799,
        "energy": 57.730626,
        "activity_lines": [
          37.85434,
          37.689722,
          37.456937,
          37.170376
        ]
      },
      {
        "date": "2024-10-04",
        "close": 38.0801,
        "volume": 23512,
        "typical_volume": 83593.65,
        "trend": 36.84264,
        "fair_value": 32.439397,
        "relative_strength": -6.401649,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.482429,
        "energy": 66.479453,
        "activity_lines": [
          37.954127,
          37.791905,
          37.537293,
          37.25546
        ]
      },
      {
        "date": "2024-10-11",
        "close": 38.2101,
        "volume": 27280,
        "typical_volume": 83647.9,
        "trend": 36.928977,
        "fair_value": 32.483148,
        "relative_strength": -6.870828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.852557,
        "energy": 70.059621,
        "activity_lines": [
          38.07976,
          37.901616,
          37.622593,
          37.343683
        ]
      },
      {
        "date": "2024-10-18",
        "close": 38.3296,
        "volume": 53971,
        "typical_volume": 84786.2,
        "trend": 37.006297,
        "fair_value": 32.527567,
        "relative_strength": -7.073276,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.446557,
        "energy": 73.001303,
        "activity_lines": [
          38.182913,
          38.008453,
          37.711562,
          37.434046
        ]
      },
      {
        "date": "2024-10-25",
        "close": 38.3093,
        "volume": 23458,
        "typical_volume": 84121.6,
        "trend": 37.079887,
        "fair_value": 32.571601,
        "relative_strength": -5.925884,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.565904,
        "energy": 59.256986,
        "activity_lines": [
          38.245027,
          38.086345,
          37.790119,
          37.518111
        ]
      },
      {
        "date": "2024-11-01",
        "close": 38.255,
        "volume": 205870,
        "typical_volume": 91011.5,
        "trend": 37.156333,
        "fair_value": 32.615222,
        "relative_strength": -4.473684,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.064067,
        "energy": 49.313969,
        "activity_lines": [
          38.266753,
          38.140671,
          37.856135,
          37.593924
        ]
      },
      {
        "date": "2024-11-08",
        "close": 38.5952,
        "volume": 37566,
        "typical_volume": 70364.8,
        "trend": 37.25188,
        "fair_value": 32.660704,
        "relative_strength": -7.682578,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.374865,
        "energy": 55.790775,
        "activity_lines": [
          38.386213,
          38.247293,
          37.948435,
          37.686754
        ]
      },
      {
        "date": "2024-11-15",
        "close": 38.575,
        "volume": 67397,
        "typical_volume": 70194.85,
        "trend": 37.36438,
        "fair_value": 32.706057,
        "relative_strength": -5.50363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.72422,
        "energy": 55.917771,
        "activity_lines": [
          38.4646,
          38.336107,
          38.031459,
          37.772117
        ]
      },
      {
        "date": "2024-11-22",
        "close": 38.685,
        "volume": 36109,
        "typical_volume": 64516.35,
        "trend": 37.46188,
        "fair_value": 32.75266,
        "relative_strength": -6.509397,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.721946,
        "energy": 56.42232,
        "activity_lines": [
          38.555327,
          38.421293,
          38.117981,
          37.857318
        ]
      },
      {
        "date": "2024-11-29",
        "close": 38.75,
        "volume": 9841,
        "typical_volume": 60067.75,
        "trend": 37.557547,
        "fair_value": 32.799743,
        "relative_strength": -7.162558,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.118865,
        "energy": 69.080877,
        "activity_lines": [
          38.644027,
          38.502487,
          38.204193,
          37.940423
        ]
      },
      {
        "date": "2024-12-06",
        "close": 38.7952,
        "volume": 22959,
        "typical_volume": 57653.85,
        "trend": 37.643723,
        "fair_value": 32.846251,
        "relative_strength": -7.563053,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.083408,
        "energy": 67.552764,
        "activity_lines": [
          38.718413,
          38.577809,
          38.288377,
          38.020271
        ]
      },
      {
        "date": "2024-12-13",
        "close": 38.8208,
        "volume": 34266,
        "typical_volume": 56530.6,
        "trend": 37.720473,
        "fair_value": 32.892855,
        "relative_strength": -6.703183,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.810643,
        "energy": 67.907284,
        "activity_lines": [
          38.76532,
          38.643691,
          38.367666,
          38.096212
        ]
      },
      {
        "date": "2024-12-20",
        "close": 38.83,
        "volume": 34188,
        "typical_volume": 55942.05,
        "trend": 37.795117,
        "fair_value": 32.939778,
        "relative_strength": -4.730726,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.774818,
        "energy": 64.591691,
        "activity_lines": [
          38.800253,
          38.697778,
          38.440084,
          38.167794
        ]
      },
      {
        "date": "2024-12-27",
        "close": 38.88,
        "volume": 16277,
        "typical_volume": 49802.75,
        "trend": 37.87282,
        "fair_value": 32.986515,
        "relative_strength": -5.014359,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.034611,
        "energy": 57.503102,
        "activity_lines": [
          38.834853,
          38.749685,
          38.50787,
          38.237787
        ]
      },
      {
        "date": "2025-01-03",
        "close": 39.1242,
        "volume": 522594,
        "typical_volume": 72070.4,
        "trend": 37.95157,
        "fair_value": 33.036413,
        "relative_strength": -3.712484,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.05095,
        "energy": 58.115418,
        "activity_lines": [
          38.937853,
          38.835985,
          38.589677,
          38.318521
        ]
      },
      {
        "date": "2025-01-10",
        "close": 38.73,
        "volume": 256492,
        "typical_volume": 83038.8,
        "trend": 38.01021,
        "fair_value": 33.083824,
        "relative_strength": -2.618951,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.661397,
        "energy": 46.024937,
        "activity_lines": [
          38.884507,
          38.835796,
          38.626475,
          38.368742
        ]
      },
      {
        "date": "2025-01-17",
        "close": 39.34,
        "volume": 245581,
        "typical_volume": 94359.95,
        "trend": 38.086507,
        "fair_value": 33.139722,
        "relative_strength": -3.721677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.978943,
        "energy": 52.936011,
        "activity_lines": [
          39.03884,
          38.93788,
          38.716602,
          38.454535
        ]
      },
      {
        "date": "2025-01-24",
        "close": 39.66,
        "volume": 112394,
        "typical_volume": 95976.05,
        "trend": 38.17152,
        "fair_value": 33.197286,
        "relative_strength": -4.398547,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.592218,
        "energy": 64.765419,
        "activity_lines": [
          39.265227,
          39.084604,
          38.829958,
          38.556051
        ]
      },
      {
        "date": "2025-01-31",
        "close": 39.5,
        "volume": 69447,
        "typical_volume": 95840.5,
        "trend": 38.244187,
        "fair_value": 33.252863,
        "relative_strength": -3.637722,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.521349,
        "energy": 86.843118,
        "activity_lines": [
          39.382947,
          39.182509,
          38.91672,
          38.641759
        ]
      },
      {
        "date": "2025-02-07",
        "close": 39.49,
        "volume": 55806,
        "typical_volume": 94209.0,
        "trend": 38.313187,
        "fair_value": 33.309401,
        "relative_strength": -3.335596,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.846213,
        "energy": 87.119944,
        "activity_lines": [
          39.456,
          39.263778,
          38.994508,
          38.722134
        ]
      },
      {
        "date": "2025-02-14",
        "close": 39.75,
        "volume": 1089983,
        "typical_volume": 147249.55,
        "trend": 38.396347,
        "fair_value": 33.368953,
        "relative_strength": -3.95046,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.213148,
        "energy": 89.848997,
        "activity_lines": [
          39.591333,
          39.378865,
          39.089843,
          38.814832
        ]
      },
      {
        "date": "2025-02-21",
        "close": 39.49,
        "volume": 52259,
        "typical_volume": 148686.9,
        "trend": 38.472877,
        "fair_value": 33.42594,
        "relative_strength": -2.885363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.764788,
        "energy": 51.309431,
        "activity_lines": [
          39.572,
          39.42932,
          39.152179,
          38.88539
        ]
      },
      {
        "date": "2025-02-28",
        "close": 39.33,
        "volume": 287536,
        "typical_volume": 161699.7,
        "trend": 38.55531,
        "fair_value": 33.483157,
        "relative_strength": -2.218876,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.982475,
        "energy": 42.193804,
        "activity_lines": [
          39.489333,
          39.438516,
          39.192563,
          38.940688
        ]
      },
      {
        "date": "2025-03-07",
        "close": 38.75,
        "volume": 88287,
        "typical_volume": 163415.5,
        "trend": 38.61562,
        "fair_value": 33.538542,
        "relative_strength": -0.514312,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 29.391467,
        "energy": 19.466762,
        "activity_lines": [
          39.235333,
          39.333167,
          39.172376,
          38.953249
        ]
      },
      {
        "date": "2025-03-14",
        "close": 38.24,
        "volume": 196575,
        "typical_volume": 172071.35,
        "trend": 38.638417,
        "fair_value": 33.586747,
        "relative_strength": 0.537456,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 2.283476,
        "energy": 14.138952,
        "activity_lines": [
          38.861333,
          39.137455,
          39.101615,
          38.929015
        ]
      },
      {
        "date": "2025-03-21",
        "close": 38.311,
        "volume": 82593,
        "typical_volume": 165907.5,
        "trend": 38.657807,
        "fair_value": 33.633804,
        "relative_strength": 0.271821,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -25.155755,
        "energy": 30.062675,
        "activity_lines": [
          38.594333,
          38.970727,
          39.037947,
          38.907892
        ]
      },
      {
        "date": "2025-03-28",
        "close": 38.0401,
        "volume": 58999,
        "typical_volume": 166979.15,
        "trend": 38.665217,
        "fair_value": 33.679542,
        "relative_strength": 1.094757,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -32.029363,
        "energy": 37.231271,
        "activity_lines": [
          38.332967,
          38.762364,
          38.948211,
          38.86804
        ]
      },
      {
        "date": "2025-04-04",
        "close": 36.54,
        "volume": 278492,
        "typical_volume": 177533.9,
        "trend": 38.640703,
        "fair_value": 33.715953,
        "relative_strength": 6.72776,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -61.672876,
        "energy": 71.99237,
        "activity_lines": [
          37.668227,
          38.304889,
          38.718253,
          38.730929
        ]
      },
      {
        "date": "2025-04-11",
        "close": 37.4518,
        "volume": 271415,
        "typical_volume": 189299.2,
        "trend": 38.62858,
        "fair_value": 33.760515,
        "relative_strength": 3.539409,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.247447,
        "energy": 63.767879,
        "activity_lines": [
          37.49342,
          38.069924,
          38.584823,
          38.654226
        ]
      },
      {
        "date": "2025-04-18",
        "close": 37.2,
        "volume": 80772,
        "typical_volume": 192845.75,
        "trend": 38.602747,
        "fair_value": 33.805323,
        "relative_strength": 4.353593,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -69.156504,
        "energy": 74.779563,
        "activity_lines": [
          37.321227,
          37.826416,
          38.433284,
          38.562059
        ]
      },
      {
        "date": "2025-04-25",
        "close": 37.9494,
        "volume": 131296,
        "typical_volume": 198262.6,
        "trend": 38.600393,
        "fair_value": 33.857883,
        "relative_strength": 1.838845,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.271477,
        "energy": 56.968111,
        "activity_lines": [
          37.468167,
          37.7608,
          38.360498,
          38.519908
        ]
      },
      {
        "date": "2025-05-02",
        "close": 38.5699,
        "volume": 69071,
        "typical_volume": 200002.85,
        "trend": 38.61672,
        "fair_value": 33.914229,
        "relative_strength": 0.646253,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -41.764225,
        "energy": 26.904856,
        "activity_lines": [
          37.846047,
          37.84074,
          38.350835,
          38.51794
        ]
      },
      {
        "date": "2025-05-09",
        "close": 38.4242,
        "volume": 93376,
        "typical_volume": 202962.25,
        "trend": 38.623857,
        "fair_value": 33.971628,
        "relative_strength": 0.762435,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -35.864076,
        "energy": 18.37457,
        "activity_lines": [
          38.14004,
          37.910918,
          38.32849,
          38.50552
        ]
      },
      {
        "date": "2025-05-16",
        "close": 39.4567,
        "volume": 55136,
        "typical_volume": 204905.2,
        "trend": 38.661427,
        "fair_value": 34.037119,
        "relative_strength": -1.633106,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -6.414856,
        "energy": 17.167317,
        "activity_lines": [
          38.652587,
          38.185293,
          38.406411,
          38.559252
        ]
      },
      {
        "date": "2025-05-23",
        "close": 38.9788,
        "volume": 42806,
        "typical_volume": 180915.8,
        "trend": 38.683743,
        "fair_value": 34.095572,
        "relative_strength": -0.216186,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 5.667272,
        "energy": 21.75867,
        "activity_lines": [
          38.872173,
          38.359927,
          38.436071,
          38.579727
        ]
      },
      {
        "date": "2025-05-30",
        "close": 39.373,
        "volume": 59543,
        "typical_volume": 171068.35,
        "trend": 38.72101,
        "fair_value": 34.157515,
        "relative_strength": -0.869512,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.020157,
        "energy": 30.172806,
        "activity_lines": [
          39.104573,
          38.592802,
          38.503967,
          38.624195
        ]
      },
      {
        "date": "2025-06-06",
        "close": 39.6834,
        "volume": 45673,
        "typical_volume": 161072.95,
        "trend": 38.757283,
        "fair_value": 34.223883,
        "relative_strength": -1.616185,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 32.137353,
        "energy": 45.820992,
        "activity_lines": [
          39.345533,
          38.862804,
          38.598363,
          38.686285
        ]
      },
      {
        "date": "2025-06-13",
        "close": 39.5951,
        "volume": 42345,
        "typical_volume": 157570.5,
        "trend": 38.791287,
        "fair_value": 34.292441,
        "relative_strength": -1.408448,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 27.526368,
        "energy": 50.116536,
        "activity_lines": [
          39.482827,
          39.086873,
          38.682714,
          38.740338
        ]
      },
      {
        "date": "2025-06-20",
        "close": 39.604,
        "volume": 28105,
        "typical_volume": 155503.4,
        "trend": 38.82192,
        "fair_value": 34.358749,
        "relative_strength": -1.164308,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 27.770601,
        "energy": 47.298735,
        "activity_lines": [
          39.545027,
          39.257013,
          38.768221,
          38.792771
        ]
      },
      {
        "date": "2025-06-27",
        "close": 40.3467,
        "volume": 66488,
        "typical_volume": 156037.5,
        "trend": 38.875143,
        "fair_value": 34.43033,
        "relative_strength": -2.59385,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 77.314147,
        "energy": 69.879007,
        "activity_lines": [
          39.844973,
          39.523058,
          38.923967,
          38.891144
        ]
      },
      {
        "date": "2025-07-04",
        "close": 40.71,
        "volume": 1543495,
        "typical_volume": 178713.1,
        "trend": 38.93897,
        "fair_value": 34.503599,
        "relative_strength": -3.272561,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.442295,
        "energy": 81.305037,
        "activity_lines": [
          40.174827,
          39.797945,
          39.110233,
          39.009522
        ]
      },
      {
        "date": "2025-07-11",
        "close": 40.6462,
        "volume": 90197,
        "typical_volume": 180610.0,
        "trend": 38.999817,
        "fair_value": 34.57678,
        "relative_strength": -3.089252,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.057805,
        "energy": 87.943342,
        "activity_lines": [
          40.39428,
          40.01104,
          39.285852,
          39.119666
        ]
      },
      {
        "date": "2025-07-18",
        "close": 40.75,
        "volume": 38413,
        "typical_volume": 168153.85,
        "trend": 39.063817,
        "fair_value": 34.649758,
        "relative_strength": -3.350575,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.68756,
        "energy": 89.572428,
        "activity_lines": [
          40.584147,
          40.205256,
          39.46585,
          39.232581
        ]
      },
      {
        "date": "2025-07-25",
        "close": 41.0839,
        "volume": 38758,
        "typical_volume": 165677.4,
        "trend": 39.13728,
        "fair_value": 34.723116,
        "relative_strength": -3.885946,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.829294,
        "energy": 92.429574,
        "activity_lines": [
          40.80832,
          40.417895,
          39.670887,
          39.362909
        ]
      },
      {
        "date": "2025-08-01",
        "close": 40.6651,
        "volume": 47021,
        "typical_volume": 158199.7,
        "trend": 39.188643,
        "fair_value": 34.793597,
        "relative_strength": -2.383171,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.559874,
        "energy": 86.326778,
        "activity_lines": [
          40.794233,
          40.524802,
          39.824924,
          39.461478
        ]
      },
      {
        "date": "2025-08-08",
        "close": 41.1752,
        "volume": 34787,
        "typical_volume": 155809.4,
        "trend": 39.27015,
        "fair_value": 34.865682,
        "relative_strength": -3.403047,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.964041,
        "energy": 87.702922,
        "activity_lines": [
          40.928953,
          40.693795,
          40.015994,
          39.589643
        ]
      },
      {
        "date": "2025-08-15",
        "close": 41.37,
        "volume": 70245,
        "typical_volume": 156371.7,
        "trend": 39.337817,
        "fair_value": 34.939464,
        "relative_strength": -3.771343,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.648317,
        "energy": 90.548871,
        "activity_lines": [
          41.097593,
          40.865438,
          40.211978,
          39.725117
        ]
      },
      {
        "date": "2025-08-22",
        "close": 41.4838,
        "volume": 105924,
        "typical_volume": 147743.3,
        "trend": 39.39861,
        "fair_value": 35.015771,
        "relative_strength": -3.684597,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.887049,
        "energy": 84.544342,
        "activity_lines": [
          41.255913,
          41.027107,
          40.402942,
          39.863567
        ]
      },
      {
        "date": "2025-08-29",
        "close": 41.47,
        "volume": 32642,
        "typical_volume": 135804.65,
        "trend": 39.464277,
        "fair_value": 35.093335,
        "relative_strength": -3.576845,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.347269,
        "energy": 86.483723,
        "activity_lines": [
          41.360713,
          41.151927,
          40.569051,
          39.997205
        ]
      },
      {
        "date": "2025-09-05",
        "close": 41.55,
        "volume": 52345,
        "typical_volume": 134383.3,
        "trend": 39.532943,
        "fair_value": 35.169937,
        "relative_strength": -3.560732,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.842741,
        "energy": 85.621797,
        "activity_lines": [
          41.46644,
          41.257365,
          40.723644,
          40.131768
        ]
      },
      {
        "date": "2025-09-12",
        "close": 41.86,
        "volume": 57690,
        "typical_volume": 130703.0,
        "trend": 39.603277,
        "fair_value": 35.249681,
        "relative_strength": -4.221158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.53704,
        "energy": 78.041074,
        "activity_lines": [
          41.616507,
          41.397289,
          40.887047,
          40.281901
        ]
      },
      {
        "date": "2025-09-19",
        "close": 42.0235,
        "volume": 67676,
        "typical_volume": 130633.25,
        "trend": 39.687727,
        "fair_value": 35.331306,
        "relative_strength": -4.901844,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.806355,
        "energy": 73.570199,
        "activity_lines": [
          41.77542,
          41.546031,
          41.0474,
          40.438044
        ]
      },
      {
        "date": "2025-09-26",
        "close": 42.0329,
        "volume": 73571,
        "typical_volume": 129643.0,
        "trend": 39.777823,
        "fair_value": 35.413632,
        "relative_strength": -4.504878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.244689,
        "energy": 79.971967,
        "activity_lines": [
          41.8939,
          41.67144,
          41.192201,
          40.589346
        ]
      },
      {
        "date": "2025-10-03",
        "close": 42.1767,
        "volume": 53420,
        "typical_volume": 129557.2,
        "trend": 39.892047,
        "fair_value": 35.496303,
        "relative_strength": -5.120005,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.401236,
        "energy": 82.271656,
        "activity_lines": [
          42.023707,
          41.799669,
          41.333514,
          40.744112
        ]
      },
      {
        "date": "2025-10-10",
        "close": 41.77,
        "volume": 51336,
        "typical_volume": 129983.7,
        "trend": 40.009713,
        "fair_value": 35.576494,
        "relative_strength": -3.628244,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.474918,
        "energy": 66.442683,
        "activity_lines": [
          41.970833,
          41.834084,
          41.423141,
          40.86527
        ]
      },
      {
        "date": "2025-10-17",
        "close": 42.0979,
        "volume": 58069,
        "typical_volume": 129910.0,
        "trend": 40.135943,
        "fair_value": 35.657506,
        "relative_strength": -4.450934,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.162767,
        "energy": 66.858485,
        "activity_lines": [
          42.012593,
          41.908027,
          41.530706,
          40.999992
        ]
      },
      {
        "date": "2025-10-24",
        "close": 42.43,
        "volume": 74122,
        "typical_volume": 131332.45,
        "trend": 40.282273,
        "fair_value": 35.739814,
        "relative_strength": -5.407577,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.799588,
        "energy": 70.535235,
        "activity_lines": [
          42.149193,
          42.025576,
          41.656923,
          41.147996
        ]
      },
      {
        "date": "2025-10-31",
        "close": 42.49,
        "volume": 144128,
        "typical_volume": 136421.6,
        "trend": 40.480607,
        "fair_value": 35.823019,
        "relative_strength": -5.791217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.646032,
        "energy": 70.203817,
        "activity_lines": [
          42.278693,
          42.134762,
          41.775775,
          41.29043
        ]
      },
      {
        "date": "2025-11-07",
        "close": 42.34,
        "volume": 71204,
        "typical_volume": 138576.55,
        "trend": 40.643547,
        "fair_value": 35.904878,
        "relative_strength": -4.511129,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.309312,
        "energy": 66.763472,
        "activity_lines": [
          42.32772,
          42.19838,
          41.866557,
          41.410391
        ]
      },
      {
        "date": "2025-11-14",
        "close": 42.4703,
        "volume": 64462,
        "typical_volume": 138475.25,
        "trend": 40.819223,
        "fair_value": 35.986996,
        "relative_strength": -4.258082,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.864285,
        "energy": 68.458903,
        "activity_lines": [
          42.409293,
          42.269871,
          41.956719,
          41.528246
        ]
      },
      {
        "date": "2025-11-21",
        "close": 42.2136,
        "volume": 51660,
        "typical_volume": 63883.5,
        "trend": 40.961363,
        "fair_value": 36.067467,
        "relative_strength": -2.926132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.920411,
        "energy": 62.897155,
        "activity_lines": [
          42.358613,
          42.277956,
          42.012321,
          41.618205
        ]
      },
      {
        "date": "2025-11-28",
        "close": 42.85,
        "volume": 36449,
        "typical_volume": 61196.1,
        "trend": 41.104033,
        "fair_value": 36.152339,
        "relative_strength": -4.908978,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.359021,
        "energy": 67.7505,
        "activity_lines": [
          42.512353,
          42.395322,
          42.121373,
          41.740053
        ]
      },
      {
        "date": "2025-12-05",
        "close": 42.95,
        "volume": 48822,
        "typical_volume": 61716.55,
        "trend": 41.254893,
        "fair_value": 36.237371,
        "relative_strength": -4.952353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.681625,
        "energy": 70.765007,
        "activity_lines": [
          42.671427,
          42.515842,
          42.229455,
          41.859148
        ]
      },
      {
        "date": "2025-12-12",
        "close": 42.995,
        "volume": 66643,
        "typical_volume": 63110.8,
        "trend": 41.372837,
        "fair_value": 36.322788,
        "relative_strength": -4.249424,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.217716,
        "energy": 69.980664,
        "activity_lines": [
          42.814833,
          42.627869,
          42.331346,
          41.971412
        ]
      },
      {
        "date": "2025-12-19",
        "close": 43.11,
        "volume": 55310,
        "typical_volume": 63525.25,
        "trend": 41.510543,
        "fair_value": 36.408749,
        "relative_strength": -4.022156,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.593133,
        "energy": 85.291455,
        "activity_lines": [
          42.952907,
          42.745927,
          42.435089,
          42.083488
        ]
      },
      {
        "date": "2025-12-26",
        "close": 43.25,
        "volume": 71513,
        "typical_volume": 65361.55,
        "trend": 41.639777,
        "fair_value": 36.495544,
        "relative_strength": -4.970599,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.871927,
        "energy": 89.185936,
        "activity_lines": [
          43.095,
          42.865076,
          42.540522,
          42.195711
        ]
      },
      {
        "date": "2026-01-02",
        "close": 43.32,
        "volume": 474625,
        "typical_volume": 85580.55,
        "trend": 41.760997,
        "fair_value": 36.581249,
        "relative_strength": -3.724919,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.292241,
        "energy": 84.266963,
        "activity_lines": [
          43.191333,
          42.976005,
          42.642743,
          42.304112
        ]
      },
      {
        "date": "2026-01-09",
        "close": 43.605,
        "volume": 578296,
        "typical_volume": 109199.15,
        "trend": 41.89466,
        "fair_value": 36.665961,
        "relative_strength": -4.483029,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.620855,
        "energy": 89.603135,
        "activity_lines": [
          43.351333,
          43.122571,
          42.76282,
          42.42308
        ]
      },
      {
        "date": "2026-01-16",
        "close": 43.565,
        "volume": 1726368,
        "typical_volume": 193885.45,
        "trend": 42.026693,
        "fair_value": 36.750416,
        "relative_strength": -4.136764,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.061575,
        "energy": 86.663543,
        "activity_lines": [
          43.454333,
          43.241591,
          42.868988,
          42.530844
        ]
      },
      {
        "date": "2026-01-23",
        "close": 43.52,
        "volume": 268102,
        "typical_volume": 204673.3,
        "trend": 42.13247,
        "fair_value": 36.832083,
        "relative_strength": -3.817798,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.30287,
        "energy": 70.99967,
        "activity_lines": [
          43.504333,
          43.330156,
          42.960893,
          42.627186
        ]
      },
      {
        "date": "2026-01-30",
        "close": 43.55,
        "volume": 112147,
        "typical_volume": 207396.15,
        "trend": 42.227137,
        "fair_value": 36.912724,
        "relative_strength": -4.035165,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.54351,
        "energy": 66.902992,
        "activity_lines": [
          43.537,
          43.405091,
          43.046274,
          42.71864
        ]
      },
      {
        "date": "2026-02-06",
        "close": 43.59,
        "volume": 153455,
        "typical_volume": 211685.1,
        "trend": 42.325263,
        "fair_value": 36.994549,
        "relative_strength": -3.663647,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.269054,
        "energy": 64.134721,
        "activity_lines": [
          43.563,
          43.463,
          43.127418,
          42.806566
        ]
      },
      {
        "date": "2026-02-13",
        "close": 43.34,
        "volume": 152830,
        "typical_volume": 215648.05,
        "trend": 42.411597,
        "fair_value": 37.075062,
        "relative_strength": -2.901903,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.431436,
        "energy": 53.709932,
        "activity_lines": [
          43.487667,
          43.462,
          43.177292,
          42.872033
        ]
      },
      {
        "date": "2026-02-20",
        "close": 43.564,
        "volume": 112274,
        "typical_volume": 218590.75,
        "trend": 42.494267,
        "fair_value": 37.159446,
        "relative_strength": -3.390648,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.657068,
        "energy": 52.432944,
        "activity_lines": [
          43.504667,
          43.494636,
          43.242275,
          42.946382
        ]
      },
      {
        "date": "2026-02-27",
        "close": 43.52,
        "volume": 134645,
        "typical_volume": 222756.2,
        "trend": 42.58943,
        "fair_value": 37.241433,
        "relative_strength": -2.903592,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.147131,
        "energy": 45.067817,
        "activity_lines": [
          43.507067,
          43.508927,
          43.296462,
          43.012558
        ]
      },
      {
        "date": "2026-03-06",
        "close": 43.11,
        "volume": 87940,
        "typical_volume": 224249.75,
        "trend": 42.653923,
        "fair_value": 37.325055,
        "relative_strength": -1.757082,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.047903,
        "energy": 29.534666,
        "activity_lines": [
          43.3728,
          43.441218,
          43.303268,
          43.046143
        ]
      },
      {
        "date": "2026-03-13",
        "close": 42.79,
        "volume": 91220,
        "typical_volume": 225104.65,
        "trend": 42.701257,
        "fair_value": 37.404547,
        "relative_strength": -0.880042,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.286426,
        "energy": 15.334645,
        "activity_lines": [
          43.1612,
          43.317873,
          43.274778,
          43.054923
        ]
      },
      {
        "date": "2026-03-20",
        "close": 42.33,
        "volume": 92638,
        "typical_volume": 222530.15,
        "trend": 42.729463,
        "fair_value": 37.479631,
        "relative_strength": -0.046766,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -16.792271,
        "energy": 27.94002,
        "activity_lines": [
          42.8496,
          43.120527,
          43.200764,
          43.030971
        ]
      },
      {
        "date": "2026-03-27",
        "close": 42.04,
        "volume": 86072,
        "typical_volume": 223273.55,
        "trend": 42.748463,
        "fair_value": 37.54981,
        "relative_strength": 1.623481,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -40.799335,
        "energy": 45.413614,
        "activity_lines": [
          42.508667,
          42.893636,
          43.099893,
          42.986489
        ]
      },
      {
        "date": "2026-04-03",
        "close": 42.73,
        "volume": 73141,
        "typical_volume": 223707.5,
        "trend": 42.787797,
        "fair_value": 37.624233,
        "relative_strength": 0.103246,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -21.824863,
        "energy": 36.212416,
        "activity_lines": [
          42.499333,
          42.819927,
          43.066165,
          42.985298
        ]
      },
      {
        "date": "2026-04-10",
        "close": 43.46,
        "volume": 85117,
        "typical_volume": 225380.35,
        "trend": 42.84113,
        "fair_value": 37.702496,
        "relative_strength": -1.524199,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -1.037961,
        "energy": 17.091337,
        "activity_lines": [
          42.786,
          42.893309,
          43.100724,
          43.028666
        ]
      },
      {
        "date": "2026-04-17",
        "close": 44.3,
        "volume": 73671,
        "typical_volume": 227241.45,
        "trend": 42.917013,
        "fair_value": 37.785772,
        "relative_strength": -3.698156,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 55.851701,
        "energy": 29.160174,
        "activity_lines": [
          43.329333,
          43.121055,
          43.209348,
          43.122786
        ]
      },
      {
        "date": "2026-04-24",
        "close": 44.3602,
        "volume": 50231,
        "typical_volume": 227311.9,
        "trend": 42.99459,
        "fair_value": 37.868594,
        "relative_strength": -3.864371,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 73.309182,
        "energy": 53.407986,
        "activity_lines": [
          43.792067,
          43.346836,
          43.3168,
          43.215895
        ]
      },
      {
        "date": "2026-05-01",
        "close": 44.57,
        "volume": 102207,
        "typical_volume": 229090.1,
        "trend": 43.074367,
        "fair_value": 37.953294,
        "relative_strength": -4.109707,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.407095,
        "energy": 73.206703,
        "activity_lines": [
          44.189387,
          43.592215,
          43.437518,
          43.317535
        ]
      },
      {
        "date": "2026-05-08",
        "close": 44.8872,
        "volume": 68419,
        "typical_volume": 229745.55,
        "trend": 43.178273,
        "fair_value": 38.040007,
        "relative_strength": -5.423073,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.612083,
        "energy": 86.555059,
        "activity_lines": [
          44.523773,
          43.876975,
          43.580946,
          43.434492
        ]
      },
      {
        "date": "2026-05-15",
        "close": 44.8801,
        "volume": 44288,
        "typical_volume": 228384.3,
        "trend": 43.271013,
        "fair_value": 38.124879,
        "relative_strength": -5.454122,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.719165,
        "energy": 86.082181,
        "activity_lines": [
          44.71198,
          44.135585,
          43.715234,
          43.544287
        ]
      },
      {
        "date": "2026-05-22",
        "close": 45.06,
        "volume": 78345,
        "typical_volume": 208570.3,
        "trend": 43.35868,
        "fair_value": 38.210456,
        "relative_strength": -5.68278,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.778906,
        "energy": 86.225307,
        "activity_lines": [
          44.86548,
          44.394722,
          43.858894,
          43.659705
        ]
      },
      {
        "date": "2026-05-29",
        "close": 45.31,
        "volume": 283183,
        "typical_volume": 193814.65,
        "trend": 43.45268,
        "fair_value": 38.295488,
        "relative_strength": -6.302717,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.363358,
        "energy": 86.77077,
        "activity_lines": [
          45.051647,
          44.65804,
          44.018077,
          43.785597
        ]
      },
      {
        "date": "2026-06-05",
        "close": 45.0,
        "volume": 98377,
        "typical_volume": 112415.1,
        "trend": 43.541347,
        "fair_value": 38.377795,
        "relative_strength": -4.383346,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.430761,
        "energy": 72.091266,
        "activity_lines": [
          45.07116,
          44.810813,
          44.139618,
          43.885424
        ]
      },
      {
        "date": "2026-06-12",
        "close": 45.0739,
        "volume": 68116,
        "typical_volume": 102415.8,
        "trend": 43.628133,
        "fair_value": 38.458846,
        "relative_strength": -4.586966,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.471937,
        "energy": 59.434342,
        "activity_lines": [
          45.08664,
          44.923204,
          44.261363,
          43.984298
        ]
      },
      {
        "date": "2026-06-19",
        "close": 45.2911,
        "volume": 49134,
        "typical_volume": 99265.15,
        "trend": 43.730717,
        "fair_value": 38.541713,
        "relative_strength": -4.81715,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.837682,
        "energy": 61.148057,
        "activity_lines": [
          45.162073,
          45.032469,
          44.396394,
          44.091587
        ]
      },
      {
        "date": "2026-06-26",
        "close": 44.88,
        "volume": 297032,
        "typical_volume": 106444.0,
        "trend": 43.798383,
        "fair_value": 38.619598,
        "relative_strength": -3.245143,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.657721,
        "energy": 51.937563,
        "activity_lines": [
          45.073073,
          45.033696,
          44.483982,
          44.165734
        ]
      },
      {
        "date": "2026-07-03",
        "close": 45.31,
        "volume": 33054,
        "typical_volume": 100455.2,
        "trend": 43.87705,
        "fair_value": 38.701241,
        "relative_strength": -4.244847,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.915755,
        "energy": 55.405842,
        "activity_lines": [
          45.139407,
          45.10256,
          44.60638,
          44.263258
        ]
      },
      {
        "date": "2026-07-10",
        "close": 45.574,
        "volume": 66732,
        "typical_volume": 98178.1,
        "trend": 43.963017,
        "fair_value": 38.782628,
        "relative_strength": -4.825021,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.015437,
        "energy": 68.636825,
        "activity_lines": [
          45.29374,
          45.202155,
          44.74454,
          44.372738
        ]
      },
      {
        "date": "2026-07-17",
        "close": 45.3882,
        "volume": 1375719,
        "typical_volume": 160231.8,
        "trend": 44.038957,
        "fair_value": 38.862258,
        "relative_strength": -3.592072,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.205721,
        "energy": 71.982997,
        "activity_lines": [
          45.347873,
          45.249713,
          44.855432,
          44.464686
        ]
      },
      {
        "date": "2026-07-24",
        "close": 45.3334,
        "volume": 248897,
        "typical_volume": 168279.65,
        "trend": 44.108403,
        "fair_value": 38.940899,
        "relative_strength": -3.027001,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.978402,
        "energy": 70.764524,
        "activity_lines": [
          45.362787,
          45.278198,
          44.95221,
          44.548198
        ]
      },
      {
        "date": "2026-07-31",
        "close": 45.62,
        "volume": 24586,
        "typical_volume": 164947.95,
        "trend": 44.18507,
        "fair_value": 39.022887,
        "relative_strength": -3.323299,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.70512,
        "energy": 73.566486,
        "activity_lines": [
          45.470413,
          45.350551,
          45.065695,
          44.64572
        ]
      },
      {
        "date": "2026-08-07",
        "close": 46.09,
        "volume": 150741,
        "typical_volume": 167853.1,
        "trend": 44.267903,
        "fair_value": 39.107679,
        "relative_strength": -5.47557,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.000031,
        "energy": 79.732062,
        "activity_lines": [
          45.685373,
          45.498176,
          45.210466,
          44.768619
        ]
      }
    ],
    "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."
    }
  }
}