{
  "ticker": {
    "uuid": "27beea3b-49a3-435f-ba67-ead180d508fd",
    "symbol": "QUED",
    "name": "BNP Paribas Easy Quality Europe UCITS ETF Dis",
    "exchange": "PAR",
    "country": "FR",
    "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": "^FCHI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 87.77,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 83.3,
    "architecture_energy": 57.237,
    "architecture_maturity": 57.119,
    "architecture_confidence": 68.073,
    "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": 22.84,
        "rotation_up": 50.14,
        "upward_expansion": 75.33,
        "deceleration": 64.01,
        "rotation_down": 28.54,
        "downward_expansion": 13.33
      },
      "activity_lines": [
        156.566667,
        156.418182,
        154.779564,
        153.0443
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 159.440002,
    "trend_reference": 151.080133,
    "distance_from_trend": 0.055334,
    "trend_direction": "Improving",
    "fair_value": 132.627667,
    "distance_from_fair_value": 0.202162,
    "fair_value_direction": "Improving",
    "relative_strength": 2.502338,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.071211,
    "excess_performance": 0.017899,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.055334,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.03594,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.202162,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.038696,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.025023,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.031606,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.071211,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.039749,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 10,
      "relative_activity": 0.159872,
      "balance": 1.039749,
      "dry_up": 0.163869,
      "accumulation_observations": 1,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.013644,
      "annualized_volatility": 0.148747,
      "from_high_reference": -0.003126,
      "from_low_reference": 0.216514
    },
    "levels": {
      "trend_reference": 151.080133,
      "fair_value_reference": 132.627667,
      "structural_low": 137.054248,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 40,
        "median_return": 0.002095,
        "positive_rate": 0.55,
        "directional_follow_through": 0.55,
        "median_excess_return": -0.004116,
        "regime_survival": 0.775,
        "best_return": 0.056075,
        "worst_return": -0.114569,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": -0.001141,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.003719,
        "regime_survival": 0.285714,
        "best_return": 0.040043,
        "worst_return": -0.09225,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.037914,
        "positive_rate": 0.625,
        "directional_follow_through": 0.625,
        "median_excess_return": 0.015887,
        "regime_survival": 0.5,
        "best_return": 0.099053,
        "worst_return": -0.180945,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.073968,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.049547,
        "regime_survival": 0.5,
        "best_return": 0.198053,
        "worst_return": -0.151424,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": -0.022254,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-03-28",
        "end": "2025-03-28",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-18",
        "tenure": "New",
        "return": 0.029872,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.036296,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-16",
        "end": "2025-05-30",
        "tenure": "New",
        "return": 0.000722,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-06",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": -0.019026,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-11",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": -0.012427,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-09-05",
        "end": "2025-09-12",
        "tenure": "New",
        "return": 0.020289,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-19",
        "end": "2025-09-26",
        "tenure": "New",
        "return": -0.002482,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-03",
        "end": "2025-11-28",
        "tenure": "Developing",
        "return": -0.022997,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-05",
        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.01279,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-26",
        "end": "2026-03-20",
        "tenure": "Established",
        "return": 0.018473,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.082463,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.032241,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 112.45417,
        "volume": 320,
        "typical_volume": 849.45,
        "trend": 112.198001,
        "fair_value": 107.216552,
        "relative_strength": 1.192782,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 36.533195,
        "energy": 23.901412,
        "activity_lines": [
          114.59988,
          114.5914,
          114.375296,
          113.500927
        ]
      },
      {
        "date": "2023-08-25",
        "close": 112.939278,
        "volume": 0,
        "typical_volume": 806.1,
        "trend": 112.365569,
        "fair_value": 107.356552,
        "relative_strength": 0.784865,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 20.014738,
        "energy": 14.24664,
        "activity_lines": [
          113.854787,
          114.309148,
          114.277304,
          113.548752
        ]
      },
      {
        "date": "2023-09-01",
        "close": 114.786461,
        "volume": 15,
        "typical_volume": 806.8,
        "trend": 112.51775,
        "fair_value": 107.516143,
        "relative_strength": 1.517063,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 29.712176,
        "energy": 17.564248,
        "activity_lines": [
          113.9232,
          114.418384,
          114.345059,
          113.704938
        ]
      },
      {
        "date": "2023-09-08",
        "close": 114.226707,
        "volume": 8,
        "typical_volume": 805.25,
        "trend": 112.702175,
        "fair_value": 107.656978,
        "relative_strength": 1.839604,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.218675,
        "energy": 16.676169,
        "activity_lines": [
          113.967979,
          114.380048,
          114.350923,
          113.815194
        ]
      },
      {
        "date": "2023-09-15",
        "close": 115.252922,
        "volume": 106,
        "typical_volume": 810.55,
        "trend": 112.900811,
        "fair_value": 107.804171,
        "relative_strength": 0.855499,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.087211,
        "energy": 15.453585,
        "activity_lines": [
          114.390903,
          114.533725,
          114.446969,
          113.979758
        ]
      },
      {
        "date": "2023-09-22",
        "close": 112.715378,
        "volume": 163,
        "typical_volume": 656.4,
        "trend": 112.98638,
        "fair_value": 107.955467,
        "relative_strength": 1.316079,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.875689,
        "energy": 4.168407,
        "activity_lines": [
          113.985393,
          114.152415,
          114.289794,
          113.967795
        ]
      },
      {
        "date": "2023-09-29",
        "close": 112.58477,
        "volume": 10,
        "typical_volume": 589.6,
        "trend": 113.088199,
        "fair_value": 108.093969,
        "relative_strength": 1.925787,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 3.255066,
        "energy": 6.523874,
        "activity_lines": [
          113.518934,
          113.789764,
          114.12249,
          113.941884
        ]
      },
      {
        "date": "2023-10-06",
        "close": 111.838432,
        "volume": 0,
        "typical_volume": 589.6,
        "trend": 113.242704,
        "fair_value": 108.216839,
        "relative_strength": 2.328635,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -20.687188,
        "energy": 28.092937,
        "activity_lines": [
          112.827328,
          113.351799,
          113.892814,
          113.861254
        ]
      },
      {
        "date": "2023-10-13",
        "close": 112.603424,
        "volume": 1652,
        "typical_volume": 672.2,
        "trend": 113.429982,
        "fair_value": 108.348708,
        "relative_strength": 3.805672,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.476647,
        "energy": 38.185353,
        "activity_lines": [
          112.587256,
          113.150966,
          113.750476,
          113.82001
        ]
      },
      {
        "date": "2023-10-20",
        "close": 107.938828,
        "volume": 0,
        "typical_volume": 383.45,
        "trend": 113.486618,
        "fair_value": 108.457097,
        "relative_strength": 2.2058,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -80.760009,
        "energy": 73.446991,
        "activity_lines": [
          110.900537,
          112.141377,
          113.170644,
          113.465742
        ]
      },
      {
        "date": "2023-10-27",
        "close": 107.714928,
        "volume": 0,
        "typical_volume": 382.65,
        "trend": 113.39884,
        "fair_value": 108.591948,
        "relative_strength": 2.264397,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.436935,
        "energy": 81.148117,
        "activity_lines": [
          109.626791,
          111.228812,
          112.600585,
          113.093375
        ]
      },
      {
        "date": "2023-11-03",
        "close": 111.036125,
        "volume": 0,
        "typical_volume": 374.65,
        "trend": 113.406619,
        "fair_value": 108.710449,
        "relative_strength": 1.603458,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.05714,
        "energy": 70.969219,
        "activity_lines": [
          109.793473,
          111.006269,
          112.377751,
          112.940942
        ]
      },
      {
        "date": "2023-11-10",
        "close": 112.174286,
        "volume": 1823,
        "typical_volume": 457.6,
        "trend": 113.379619,
        "fair_value": 108.818644,
        "relative_strength": 2.661489,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.687077,
        "energy": 61.05606,
        "activity_lines": [
          110.442786,
          111.025267,
          112.286947,
          112.861437
        ]
      },
      {
        "date": "2023-11-17",
        "close": 115.066338,
        "volume": 703,
        "typical_volume": 491.65,
        "trend": 113.460472,
        "fair_value": 108.939289,
        "relative_strength": 2.509488,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -17.33997,
        "energy": 12.795727,
        "activity_lines": [
          112.033726,
          111.617586,
          112.47202,
          112.970257
        ]
      },
      {
        "date": "2023-11-24",
        "close": 116.503036,
        "volume": 0,
        "typical_volume": 491.65,
        "trend": 113.582995,
        "fair_value": 109.069586,
        "relative_strength": 2.915167,
        "stage": 2,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 21.592266,
        "energy": 29.051224,
        "activity_lines": [
          113.939371,
          112.455858,
          112.791345,
          113.166552
        ]
      },
      {
        "date": "2023-12-01",
        "close": 118.107658,
        "volume": 7,
        "typical_volume": 420.05,
        "trend": 113.746568,
        "fair_value": 109.212716,
        "relative_strength": 3.542173,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 41.340638,
        "energy": 45.432657,
        "activity_lines": [
          115.808943,
          113.563149,
          113.238259,
          113.458465
        ]
      },
      {
        "date": "2023-12-08",
        "close": 120.141426,
        "volume": 0,
        "typical_volume": 420.05,
        "trend": 113.937505,
        "fair_value": 109.36999,
        "relative_strength": 2.761733,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 49.95215,
        "energy": 73.368881,
        "activity_lines": [
          117.663589,
          114.942176,
          113.864293,
          113.871037
        ]
      },
      {
        "date": "2023-12-15",
        "close": 121.857994,
        "volume": 1067,
        "typical_volume": 441.1,
        "trend": 114.170113,
        "fair_value": 109.528525,
        "relative_strength": 3.257622,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 88.362851,
        "energy": 94.863809,
        "activity_lines": [
          119.483404,
          116.495911,
          114.633641,
          114.382036
        ]
      },
      {
        "date": "2023-12-22",
        "close": 122.380424,
        "volume": 0,
        "typical_volume": 440.7,
        "trend": 114.448745,
        "fair_value": 109.691959,
        "relative_strength": 4.025219,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.491568,
        "energy": 94.501916,
        "activity_lines": [
          120.831782,
          117.96246,
          115.430709,
          114.911734
        ]
      },
      {
        "date": "2023-12-29",
        "close": 122.417755,
        "volume": 0,
        "typical_volume": 293.7,
        "trend": 114.713695,
        "fair_value": 109.852975,
        "relative_strength": 4.357266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.912577,
        "energy": 91.876042,
        "activity_lines": [
          121.704998,
          119.258033,
          116.195082,
          115.425863
        ]
      },
      {
        "date": "2024-01-05",
        "close": 121.690079,
        "volume": 10,
        "typical_volume": 278.2,
        "trend": 114.963096,
        "fair_value": 109.991947,
        "relative_strength": 5.299558,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.316795,
        "energy": 88.220866,
        "activity_lines": [
          121.94134,
          120.158048,
          116.857279,
          115.875953
        ]
      },
      {
        "date": "2024-01-12",
        "close": 122.361771,
        "volume": 952,
        "typical_volume": 325.8,
        "trend": 115.175179,
        "fair_value": 110.138987,
        "relative_strength": 5.094589,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.609296,
        "energy": 87.434923,
        "activity_lines": [
          122.162752,
          120.926095,
          117.539465,
          116.353287
        ]
      },
      {
        "date": "2024-01-19",
        "close": 120.383972,
        "volume": 0,
        "typical_volume": 325.05,
        "trend": 115.445726,
        "fair_value": 110.274789,
        "relative_strength": 4.581817,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.996193,
        "energy": 67.219919,
        "activity_lines": [
          121.576874,
          121.128621,
          117.988421,
          116.689338
        ]
      },
      {
        "date": "2024-01-26",
        "close": 123.406647,
        "volume": 4000,
        "typical_volume": 524.65,
        "trend": 115.741772,
        "fair_value": 110.441038,
        "relative_strength": 3.399109,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.627894,
        "energy": 68.83222,
        "activity_lines": [
          122.096823,
          121.731458,
          118.698596,
          117.202946
        ]
      },
      {
        "date": "2024-02-02",
        "close": 122.80957,
        "volume": 0,
        "typical_volume": 519.35,
        "trend": 116.128623,
        "fair_value": 110.586189,
        "relative_strength": 3.347075,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.822907,
        "energy": 65.932353,
        "activity_lines": [
          122.349332,
          122.074093,
          119.308192,
          117.658932
        ]
      },
      {
        "date": "2024-02-09",
        "close": 123.145424,
        "volume": 2337,
        "typical_volume": 628.05,
        "trend": 116.398548,
        "fair_value": 110.725965,
        "relative_strength": 2.772608,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.166196,
        "energy": 65.965663,
        "activity_lines": [
          122.68767,
          122.363129,
          119.91379,
          118.111629
        ]
      },
      {
        "date": "2024-02-16",
        "close": 124.078346,
        "volume": 1079,
        "typical_volume": 681.5,
        "trend": 116.67096,
        "fair_value": 110.870725,
        "relative_strength": 1.805556,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.942904,
        "energy": 85.65139,
        "activity_lines": [
          123.23996,
          122.73019,
          120.558571,
          118.6071
        ]
      },
      {
        "date": "2024-02-23",
        "close": 124.955299,
        "volume": 6,
        "typical_volume": 681.8,
        "trend": 116.928446,
        "fair_value": 111.03749,
        "relative_strength": -0.073456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.600541,
        "energy": 89.835879,
        "activity_lines": [
          123.970129,
          123.185118,
          121.23214,
          119.141574
        ]
      },
      {
        "date": "2024-03-01",
        "close": 124.768715,
        "volume": 15,
        "typical_volume": 599.95,
        "trend": 117.26181,
        "fair_value": 111.198632,
        "relative_strength": 0.085668,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.931927,
        "energy": 88.304544,
        "activity_lines": [
          124.333348,
          123.549806,
          121.825478,
          119.647397
        ]
      },
      {
        "date": "2024-03-08",
        "close": 125.347122,
        "volume": 11,
        "typical_volume": 600.5,
        "trend": 117.589576,
        "fair_value": 111.339569,
        "relative_strength": -0.718885,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.879903,
        "energy": 87.310568,
        "activity_lines": [
          124.798566,
          123.976236,
          122.415973,
          120.16903
        ]
      },
      {
        "date": "2024-03-15",
        "close": 125.515038,
        "volume": 629,
        "typical_volume": 631.95,
        "trend": 118.024938,
        "fair_value": 111.478814,
        "relative_strength": -2.237124,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.055629,
        "energy": 78.966271,
        "activity_lines": [
          125.150584,
          124.379935,
          122.939562,
          120.680351
        ]
      },
      {
        "date": "2024-03-22",
        "close": 126.429306,
        "volume": 1,
        "typical_volume": 632.0,
        "trend": 118.474606,
        "fair_value": 111.613514,
        "relative_strength": -1.418818,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.818127,
        "energy": 71.949533,
        "activity_lines": [
          125.649385,
          124.88032,
          123.465463,
          121.222568
        ]
      },
      {
        "date": "2024-03-29",
        "close": 127.156982,
        "volume": 1,
        "typical_volume": 540.9,
        "trend": 118.886957,
        "fair_value": 111.744576,
        "relative_strength": -1.553821,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.131803,
        "energy": 72.402577,
        "activity_lines": [
          126.234014,
          125.439054,
          123.987365,
          121.782721
        ]
      },
      {
        "date": "2024-04-05",
        "close": 125.085892,
        "volume": 3,
        "typical_volume": 505.9,
        "trend": 119.24893,
        "fair_value": 111.854502,
        "relative_strength": -1.468273,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.718468,
        "energy": 65.030683,
        "activity_lines": [
          125.9815,
          125.498081,
          124.240674,
          122.182652
        ]
      },
      {
        "date": "2024-04-12",
        "close": 124.544815,
        "volume": 635,
        "typical_volume": 537.65,
        "trend": 119.558659,
        "fair_value": 111.954206,
        "relative_strength": -1.33914,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.373298,
        "energy": 58.289331,
        "activity_lines": [
          125.527483,
          125.428198,
          124.39474,
          122.524322
        ]
      },
      {
        "date": "2024-04-19",
        "close": 122.698982,
        "volume": 21,
        "typical_volume": 538.35,
        "trend": 119.891446,
        "fair_value": 112.042299,
        "relative_strength": -2.992374,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.171079,
        "energy": 34.617566,
        "activity_lines": [
          124.511674,
          124.991159,
          124.334718,
          122.726924
        ]
      },
      {
        "date": "2024-04-26",
        "close": 124.746841,
        "volume": 0,
        "typical_volume": 538.35,
        "trend": 120.296848,
        "fair_value": 112.144553,
        "relative_strength": -2.219265,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.766176,
        "energy": 26.523214,
        "activity_lines": [
          124.366223,
          124.934576,
          124.447867,
          123.040175
        ]
      },
      {
        "date": "2024-05-03",
        "close": 124.32579,
        "volume": 100,
        "typical_volume": 490.0,
        "trend": 120.713094,
        "fair_value": 112.231547,
        "relative_strength": -0.996629,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.750161,
        "energy": 24.376952,
        "activity_lines": [
          124.192585,
          124.789283,
          124.498985,
          123.300107
        ]
      },
      {
        "date": "2024-05-10",
        "close": 128.498047,
        "volume": 1533,
        "typical_volume": 566.65,
        "trend": 121.242915,
        "fair_value": 112.346417,
        "relative_strength": -0.955222,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.832093,
        "energy": 42.526636,
        "activity_lines": [
          125.598446,
          125.414029,
          124.93571,
          123.802362
        ]
      },
      {
        "date": "2024-05-17",
        "close": 129.148773,
        "volume": 7,
        "typical_volume": 567.0,
        "trend": 121.949913,
        "fair_value": 112.455954,
        "relative_strength": 0.117341,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 80.793536,
        "energy": 61.331189,
        "activity_lines": [
          126.993739,
          126.089282,
          125.405277,
          124.312417
        ]
      },
      {
        "date": "2024-05-24",
        "close": 129.7995,
        "volume": 10,
        "typical_volume": 567.0,
        "trend": 122.686065,
        "fair_value": 112.565022,
        "relative_strength": 1.466993,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.272761,
        "energy": 86.476496,
        "activity_lines": [
          128.29901,
          126.813728,
          125.904765,
          124.818842
        ]
      },
      {
        "date": "2024-05-31",
        "close": 129.416718,
        "volume": 0,
        "typical_volume": 519.4,
        "trend": 123.298752,
        "fair_value": 112.665187,
        "relative_strength": 2.404294,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.140401,
        "energy": 86.112152,
        "activity_lines": [
          129.00332,
          127.390678,
          126.329182,
          125.253078
        ]
      },
      {
        "date": "2024-06-07",
        "close": 131.828201,
        "volume": 0,
        "typical_volume": 519.4,
        "trend": 123.953882,
        "fair_value": 112.77153,
        "relative_strength": 4.114801,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.92468,
        "energy": 92.860171,
        "activity_lines": [
          130.200131,
          128.351763,
          126.949669,
          125.803365
        ]
      },
      {
        "date": "2024-06-14",
        "close": 129.703781,
        "volume": 992,
        "typical_volume": 369.0,
        "trend": 124.441797,
        "fair_value": 112.869235,
        "relative_strength": 9.032823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.81164,
        "energy": 80.669963,
        "activity_lines": [
          130.188642,
          128.841658,
          127.313334,
          126.174326
        ]
      },
      {
        "date": "2024-06-21",
        "close": 130.067429,
        "volume": 2,
        "typical_volume": 369.1,
        "trend": 124.893943,
        "fair_value": 112.958407,
        "relative_strength": 7.363208,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.806433,
        "energy": 61.000774,
        "activity_lines": [
          130.217987,
          129.31371,
          127.681645,
          126.53727
        ]
      },
      {
        "date": "2024-06-28",
        "close": 128.057861,
        "volume": 15,
        "typical_volume": 253.0,
        "trend": 125.225617,
        "fair_value": 113.030624,
        "relative_strength": 7.598248,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.806244,
        "energy": 51.30023,
        "activity_lines": [
          129.516232,
          129.319974,
          127.824008,
          126.741394
        ]
      },
      {
        "date": "2024-07-05",
        "close": 128.612885,
        "volume": 0,
        "typical_volume": 199.05,
        "trend": 125.507999,
        "fair_value": 113.104701,
        "relative_strength": 5.159728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.25829,
        "energy": 35.121445,
        "activity_lines": [
          129.115595,
          129.329718,
          127.995838,
          126.959927
        ]
      },
      {
        "date": "2024-07-12",
        "close": 130.928696,
        "volume": 626,
        "typical_volume": 230.05,
        "trend": 125.810355,
        "fair_value": 113.194868,
        "relative_strength": 6.205315,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.980746,
        "energy": 40.904629,
        "activity_lines": [
          129.540483,
          129.690227,
          128.366628,
          127.30965
        ]
      },
      {
        "date": "2024-07-19",
        "close": 128.057861,
        "volume": 4,
        "typical_volume": 229.5,
        "trend": 125.999603,
        "fair_value": 113.253618,
        "relative_strength": 6.313675,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.236708,
        "energy": 24.995773,
        "activity_lines": [
          129.068393,
          129.408713,
          128.435561,
          127.45465
        ]
      },
      {
        "date": "2024-07-26",
        "close": 128.057861,
        "volume": 0,
        "typical_volume": 228.95,
        "trend": 126.187607,
        "fair_value": 113.319045,
        "relative_strength": 6.378523,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.394348,
        "energy": 23.070028,
        "activity_lines": [
          128.706031,
          129.135202,
          128.488831,
          127.587441
        ]
      },
      {
        "date": "2024-08-02",
        "close": 128.057861,
        "volume": 0,
        "typical_volume": 197.5,
        "trend": 126.399866,
        "fair_value": 113.372591,
        "relative_strength": 10.01856,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.543662,
        "energy": 19.248654,
        "activity_lines": [
          128.477641,
          128.881526,
          128.529193,
          127.708103
        ]
      },
      {
        "date": "2024-08-09",
        "close": 120.421471,
        "volume": 9,
        "typical_volume": 197.9,
        "trend": 126.33519,
        "fair_value": 113.369716,
        "relative_strength": 3.100777,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -47.41238,
        "energy": 45.931064,
        "activity_lines": [
          125.703787,
          127.271081,
          127.830171,
          127.3224
        ]
      },
      {
        "date": "2024-08-16",
        "close": 126.699005,
        "volume": 540,
        "typical_volume": 224.85,
        "trend": 126.545691,
        "fair_value": 113.41093,
        "relative_strength": 5.688776,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.194633,
        "energy": 32.189119,
        "activity_lines": [
          125.568538,
          126.965557,
          127.757617,
          127.345872
        ]
      },
      {
        "date": "2024-08-23",
        "close": 127.885612,
        "volume": 101,
        "typical_volume": 229.75,
        "trend": 126.694989,
        "fair_value": 113.453752,
        "relative_strength": 4.728539,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.157196,
        "energy": 27.049666,
        "activity_lines": [
          126.110805,
          126.969037,
          127.800255,
          127.432318
        ]
      },
      {
        "date": "2024-08-30",
        "close": 129.531555,
        "volume": 101,
        "typical_volume": 203.05,
        "trend": 126.919056,
        "fair_value": 113.506673,
        "relative_strength": 5.171005,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.897885,
        "energy": 22.352849,
        "activity_lines": [
          127.213203,
          127.304837,
          127.986318,
          127.615322
        ]
      },
      {
        "date": "2024-09-06",
        "close": 126.641586,
        "volume": 1,
        "typical_volume": 202.05,
        "trend": 127.035594,
        "fair_value": 113.54435,
        "relative_strength": 6.537598,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.405339,
        "energy": 15.666312,
        "activity_lines": [
          127.254031,
          127.124931,
          127.873399,
          127.597421
        ]
      },
      {
        "date": "2024-09-13",
        "close": 129.397583,
        "volume": 487,
        "typical_volume": 226.4,
        "trend": 127.212902,
        "fair_value": 113.606823,
        "relative_strength": 6.990971,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.833827,
        "energy": 30.50871,
        "activity_lines": [
          128.307944,
          127.471867,
          128.004181,
          127.749808
        ]
      },
      {
        "date": "2024-09-20",
        "close": 129.167908,
        "volume": 18,
        "typical_volume": 222.3,
        "trend": 127.353323,
        "fair_value": 113.668841,
        "relative_strength": 6.109349,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 43.612144,
        "energy": 30.884534,
        "activity_lines": [
          128.68689,
          127.762775,
          128.090944,
          127.875937
        ]
      },
      {
        "date": "2024-09-27",
        "close": 133.493286,
        "volume": 1,
        "typical_volume": 145.7,
        "trend": 127.644142,
        "fair_value": 113.782351,
        "relative_strength": 5.390533,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 79.266912,
        "energy": 65.922903,
        "activity_lines": [
          130.343036,
          128.872131,
          128.566589,
          128.272064
        ]
      },
      {
        "date": "2024-10-04",
        "close": 129.971741,
        "volume": 152,
        "typical_volume": 152.95,
        "trend": 127.798296,
        "fair_value": 113.873173,
        "relative_strength": 5.843268,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.730307,
        "energy": 57.422807,
        "activity_lines": [
          130.451488,
          129.24238,
          128.683062,
          128.422231
        ]
      },
      {
        "date": "2024-10-11",
        "close": 131.158356,
        "volume": 617,
        "typical_volume": 183.3,
        "trend": 127.986406,
        "fair_value": 113.954062,
        "relative_strength": 6.140526,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.198286,
        "energy": 60.956701,
        "activity_lines": [
          130.926133,
          129.793579,
          128.908628,
          128.639009
        ]
      },
      {
        "date": "2024-10-18",
        "close": 131.789932,
        "volume": 8,
        "typical_volume": 183.7,
        "trend": 128.165094,
        "fair_value": 114.030964,
        "relative_strength": 5.974677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.657899,
        "energy": 67.637576,
        "activity_lines": [
          131.310186,
          130.403237,
          129.187872,
          128.884398
        ]
      },
      {
        "date": "2024-10-25",
        "close": 131.789932,
        "volume": 0,
        "typical_volume": 183.7,
        "trend": 128.319525,
        "fair_value": 114.114544,
        "relative_strength": 7.389079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.435587,
        "energy": 51.523382,
        "activity_lines": [
          131.534748,
          130.806197,
          129.455816,
          129.118259
        ]
      },
      {
        "date": "2024-11-01",
        "close": 131.789932,
        "volume": 0,
        "typical_volume": 134.1,
        "trend": 128.542993,
        "fair_value": 114.181828,
        "relative_strength": 8.411965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.841635,
        "energy": 50.373661,
        "activity_lines": [
          131.584509,
          131.116593,
          129.723942,
          129.342156
        ]
      },
      {
        "date": "2024-11-08",
        "close": 131.789932,
        "volume": 0,
        "typical_volume": 134.0,
        "trend": 128.784497,
        "fair_value": 114.243341,
        "relative_strength": 9.192003,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.455506,
        "energy": 59.344203,
        "activity_lines": [
          131.747827,
          131.356003,
          129.982134,
          129.551636
        ]
      },
      {
        "date": "2024-11-15",
        "close": 124.191818,
        "volume": 878,
        "typical_volume": 177.15,
        "trend": 128.834258,
        "fair_value": 114.256828,
        "relative_strength": 3.731171,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": 3.417203,
        "energy": 11.239161,
        "activity_lines": [
          129.257227,
          130.172875,
          129.508493,
          129.255334
        ]
      },
      {
        "date": "2024-11-22",
        "close": 124.191818,
        "volume": 0,
        "typical_volume": 177.15,
        "trend": 128.815758,
        "fair_value": 114.299622,
        "relative_strength": 3.801668,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -40.111716,
        "energy": 42.223285,
        "activity_lines": [
          127.231064,
          129.034289,
          129.053262,
          128.955822
        ]
      },
      {
        "date": "2024-11-29",
        "close": 127.215759,
        "volume": 2,
        "typical_volume": 145.95,
        "trend": 128.91209,
        "fair_value": 114.360896,
        "relative_strength": 6.434712,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -45.794728,
        "energy": 56.328136,
        "activity_lines": [
          126.719421,
          128.540161,
          128.907079,
          128.852596
        ]
      },
      {
        "date": "2024-12-06",
        "close": 127.215759,
        "volume": 0,
        "typical_volume": 145.75,
        "trend": 128.869347,
        "fair_value": 114.400217,
        "relative_strength": 3.545818,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.51219,
        "energy": 57.134078,
        "activity_lines": [
          126.512724,
          128.081526,
          128.778576,
          128.743155
        ]
      },
      {
        "date": "2024-12-13",
        "close": 129.856903,
        "volume": 568,
        "typical_volume": 174.15,
        "trend": 128.892951,
        "fair_value": 114.4662,
        "relative_strength": 5.759883,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": -13.472115,
        "energy": 37.794471,
        "activity_lines": [
          127.491352,
          128.217236,
          128.90562,
          128.806869
        ]
      },
      {
        "date": "2024-12-20",
        "close": 127.962166,
        "volume": 11,
        "typical_volume": 174.7,
        "trend": 128.831707,
        "fair_value": 114.506344,
        "relative_strength": 5.977259,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": -19.819402,
        "energy": 13.567877,
        "activity_lines": [
          127.96727,
          128.010536,
          128.843647,
          128.746818
        ]
      },
      {
        "date": "2024-12-27",
        "close": 127.617661,
        "volume": 1,
        "typical_volume": 174.3,
        "trend": 128.771738,
        "fair_value": 114.538962,
        "relative_strength": 4.393978,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -30.129058,
        "energy": 16.762214,
        "activity_lines": [
          128.076997,
          127.799312,
          128.749319,
          128.668492
        ]
      },
      {
        "date": "2025-01-03",
        "close": 127.617661,
        "volume": 0,
        "typical_volume": 147.3,
        "trend": 128.631387,
        "fair_value": 114.579614,
        "relative_strength": 5.305439,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.339684,
        "energy": 19.740903,
        "activity_lines": [
          127.958334,
          127.663947,
          128.620724,
          128.594036
        ]
      },
      {
        "date": "2025-01-10",
        "close": 129.378433,
        "volume": 5,
        "typical_volume": 142.5,
        "trend": 128.620542,
        "fair_value": 114.653394,
        "relative_strength": 4.497234,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 13.910191,
        "energy": 10.348924,
        "activity_lines": [
          128.399802,
          127.924582,
          128.655446,
          128.642232
        ]
      },
      {
        "date": "2025-01-17",
        "close": 126.622444,
        "volume": 367,
        "typical_volume": 155.8,
        "trend": 128.505709,
        "fair_value": 114.718333,
        "relative_strength": -1.43646,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -27.508466,
        "energy": 20.929674,
        "activity_lines": [
          127.778428,
          127.727973,
          128.420585,
          128.513323
        ]
      },
      {
        "date": "2025-01-24",
        "close": 132.555496,
        "volume": 69,
        "typical_volume": 159.2,
        "trend": 128.65563,
        "fair_value": 114.840654,
        "relative_strength": 0.281867,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 46.761629,
        "energy": 27.132144,
        "activity_lines": [
          129.350369,
          128.704056,
          128.76463,
          128.774599
        ]
      },
      {
        "date": "2025-01-31",
        "close": 132.555496,
        "volume": 0,
        "typical_volume": 134.85,
        "trend": 128.787051,
        "fair_value": 114.973726,
        "relative_strength": -0.059936,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 70.732953,
        "energy": 51.363987,
        "activity_lines": [
          130.616088,
          129.528071,
          129.080512,
          129.026203
        ]
      },
      {
        "date": "2025-02-07",
        "close": 135.024399,
        "volume": 3,
        "typical_volume": 134.1,
        "trend": 128.923574,
        "fair_value": 115.115722,
        "relative_strength": 1.412296,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.167908,
        "energy": 78.009886,
        "activity_lines": [
          132.375586,
          130.648912,
          129.616491,
          129.428613
        ]
      },
      {
        "date": "2025-02-14",
        "close": 138.297134,
        "volume": 940,
        "typical_volume": 181.05,
        "trend": 129.264883,
        "fair_value": 115.291823,
        "relative_strength": 1.151125,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.525471,
        "energy": 97.203765,
        "activity_lines": [
          134.732213,
          132.222819,
          130.436271,
          130.033359
        ]
      },
      {
        "date": "2025-02-21",
        "close": 138.297134,
        "volume": 0,
        "typical_volume": 173.45,
        "trend": 129.606192,
        "fair_value": 115.477316,
        "relative_strength": 1.300644,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.756379,
        "energy": 94.670945,
        "activity_lines": [
          136.494259,
          133.595247,
          131.233175,
          130.616085
        ]
      },
      {
        "date": "2025-02-28",
        "close": 137.569839,
        "volume": 60,
        "typical_volume": 145.6,
        "trend": 129.923258,
        "fair_value": 115.699677,
        "relative_strength": 1.157197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.987859,
        "energy": 90.637377,
        "activity_lines": [
          137.235562,
          134.681981,
          131.921169,
          131.129868
        ]
      },
      {
        "date": "2025-03-07",
        "close": 135.311478,
        "volume": 627,
        "typical_volume": 176.55,
        "trend": 130.419592,
        "fair_value": 115.897151,
        "relative_strength": -0.735157,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.066765,
        "energy": 87.80059,
        "activity_lines": [
          136.889788,
          135.183419,
          132.363549,
          131.477495
        ]
      },
      {
        "date": "2025-03-14",
        "close": 132.019592,
        "volume": 772,
        "typical_volume": 215.15,
        "trend": 130.596945,
        "fair_value": 116.033577,
        "relative_strength": -2.154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.792482,
        "energy": 56.706396,
        "activity_lines": [
          135.262986,
          134.946445,
          132.475648,
          131.580721
        ]
      },
      {
        "date": "2025-03-21",
        "close": 132.019592,
        "volume": 0,
        "typical_volume": 215.15,
        "trend": 130.734744,
        "fair_value": 116.184601,
        "relative_strength": -2.433527,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.81651,
        "energy": 32.032421,
        "activity_lines": [
          133.836505,
          134.629435,
          132.586652,
          131.672505
        ]
      },
      {
        "date": "2025-03-28",
        "close": 130.163132,
        "volume": 2,
        "typical_volume": 215.25,
        "trend": 130.755797,
        "fair_value": 116.321122,
        "relative_strength": -2.369483,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.31123,
        "energy": 29.322252,
        "activity_lines": [
          132.209707,
          133.926866,
          132.519758,
          131.635627
        ]
      },
      {
        "date": "2025-04-04",
        "close": 119.809021,
        "volume": 52,
        "typical_volume": 173.95,
        "trend": 130.528045,
        "fair_value": 116.38731,
        "relative_strength": -2.322285,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -52.130044,
        "energy": 54.99698,
        "activity_lines": [
          127.673805,
          131.277356,
          131.474504,
          130.929383
        ]
      },
      {
        "date": "2025-04-11",
        "close": 117.722893,
        "volume": 578,
        "typical_volume": 202.85,
        "trend": 130.138888,
        "fair_value": 116.44533,
        "relative_strength": -1.839015,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -67.039024,
        "energy": 87.128705,
        "activity_lines": [
          123.626581,
          128.480303,
          130.251442,
          130.103244
        ]
      },
      {
        "date": "2025-04-18",
        "close": 123.387985,
        "volume": 11,
        "typical_volume": 203.3,
        "trend": 129.946224,
        "fair_value": 116.547587,
        "relative_strength": 0.14075,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -65.562252,
        "energy": 87.199869,
        "activity_lines": [
          122.640294,
          126.982951,
          129.598716,
          129.667702
        ]
      },
      {
        "date": "2025-04-25",
        "close": 126.226974,
        "volume": 0,
        "typical_volume": 203.3,
        "trend": 129.704014,
        "fair_value": 116.676992,
        "relative_strength": -1.108103,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.657706,
        "energy": 87.648912,
        "activity_lines": [
          123.175778,
          126.21335,
          129.234599,
          129.42775
        ]
      },
      {
        "date": "2025-05-02",
        "close": 127.949936,
        "volume": 9,
        "typical_volume": 175.35,
        "trend": 129.63662,
        "fair_value": 116.854266,
        "relative_strength": -2.872694,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.053772,
        "energy": 70.387971,
        "activity_lines": [
          124.671756,
          125.976472,
          129.039281,
          129.314584
        ]
      },
      {
        "date": "2025-05-09",
        "close": 130.808487,
        "volume": 20,
        "typical_volume": 175.8,
        "trend": 129.624958,
        "fair_value": 117.044155,
        "relative_strength": -0.502001,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.895208,
        "energy": 20.36165,
        "activity_lines": [
          127.268131,
          126.447462,
          129.125287,
          129.390188
        ]
      },
      {
        "date": "2025-05-16",
        "close": 135.664139,
        "volume": 1862,
        "typical_volume": 268.85,
        "trend": 129.754098,
        "fair_value": 117.2668,
        "relative_strength": 1.161955,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 34.7544,
        "energy": 40.189462,
        "activity_lines": [
          130.749759,
          127.924231,
          129.660182,
          129.779813
        ]
      },
      {
        "date": "2025-05-23",
        "close": 136.917206,
        "volume": 1,
        "typical_volume": 268.9,
        "trend": 129.925007,
        "fair_value": 117.477085,
        "relative_strength": 3.91062,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 53.815555,
        "energy": 53.689877,
        "activity_lines": [
          133.452993,
          129.622419,
          130.276101,
          130.241949
        ]
      },
      {
        "date": "2025-05-30",
        "close": 135.762024,
        "volume": 27,
        "typical_volume": 270.0,
        "trend": 130.05741,
        "fair_value": 117.681713,
        "relative_strength": 2.648277,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 71.209983,
        "energy": 62.174357,
        "activity_lines": [
          134.869218,
          131.021525,
          130.737718,
          130.618531
        ]
      },
      {
        "date": "2025-06-06",
        "close": 135.840347,
        "volume": 18,
        "typical_volume": 252.55,
        "trend": 130.192424,
        "fair_value": 117.913646,
        "relative_strength": 1.903521,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.147147,
        "energy": 80.604578,
        "activity_lines": [
          135.675881,
          132.366828,
          131.176397,
          130.991623
        ]
      },
      {
        "date": "2025-06-13",
        "close": 135.076752,
        "volume": 538,
        "typical_volume": 276.0,
        "trend": 130.555255,
        "fair_value": 118.172963,
        "relative_strength": 2.881805,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.756973,
        "energy": 80.058883,
        "activity_lines": [
          135.701985,
          133.470074,
          131.498458,
          131.306741
        ]
      },
      {
        "date": "2025-06-20",
        "close": 134.626434,
        "volume": 1,
        "typical_volume": 276.05,
        "trend": 130.903076,
        "fair_value": 118.41273,
        "relative_strength": 3.74222,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.674384,
        "energy": 59.909354,
        "activity_lines": [
          135.293432,
          134.213849,
          131.765625,
          131.569398
        ]
      },
      {
        "date": "2025-06-27",
        "close": 133.569168,
        "volume": 9,
        "typical_volume": 276.35,
        "trend": 131.114856,
        "fair_value": 118.650264,
        "relative_strength": 1.536123,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.186315,
        "energy": 44.961554,
        "activity_lines": [
          134.601637,
          134.458056,
          131.922238,
          131.741404
        ]
      },
      {
        "date": "2025-07-04",
        "close": 133.25589,
        "volume": 9,
        "typical_volume": 229.8,
        "trend": 131.316194,
        "fair_value": 118.867728,
        "relative_strength": 1.172335,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.599061,
        "energy": 34.112082,
        "activity_lines": [
          134.028618,
          134.460191,
          132.055946,
          131.879535
        ]
      },
      {
        "date": "2025-07-11",
        "close": 133.921585,
        "volume": 978,
        "typical_volume": 278.7,
        "trend": 131.451683,
        "fair_value": 119.088642,
        "relative_strength": -0.067164,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.105567,
        "energy": 26.591757,
        "activity_lines": [
          133.844574,
          134.455563,
          132.277058,
          132.047625
        ]
      },
      {
        "date": "2025-07-18",
        "close": 133.980331,
        "volume": 16,
        "typical_volume": 276.5,
        "trend": 131.652289,
        "fair_value": 119.289074,
        "relative_strength": 0.046552,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.070166,
        "energy": 24.748966,
        "activity_lines": [
          133.808029,
          134.353041,
          132.524602,
          132.210764
        ]
      },
      {
        "date": "2025-07-25",
        "close": 133.745361,
        "volume": 3,
        "typical_volume": 245.3,
        "trend": 131.856545,
        "fair_value": 119.468888,
        "relative_strength": -0.284868,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 39.198889,
        "energy": 26.61628,
        "activity_lines": [
          133.766255,
          134.150127,
          132.76686,
          132.3458
        ]
      },
      {
        "date": "2025-08-01",
        "close": 133.667053,
        "volume": 25,
        "typical_volume": 207.95,
        "trend": 132.058192,
        "fair_value": 119.658455,
        "relative_strength": 3.459373,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.226098,
        "energy": 26.251964,
        "activity_lines": [
          133.757117,
          133.967862,
          133.009118,
          132.462607
        ]
      },
      {
        "date": "2025-08-08",
        "close": 131.337143,
        "volume": 1,
        "typical_volume": 208.0,
        "trend": 132.123482,
        "fair_value": 119.823415,
        "relative_strength": -0.972443,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.264442,
        "energy": 14.756642,
        "activity_lines": [
          132.964817,
          133.421071,
          133.021635,
          132.416088
        ]
      },
      {
        "date": "2025-08-15",
        "close": 131.59166,
        "volume": 699,
        "typical_volume": 242.85,
        "trend": 132.289123,
        "fair_value": 119.998163,
        "relative_strength": -2.996685,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.450347,
        "energy": 21.31995,
        "activity_lines": [
          132.385272,
          133.001008,
          133.061642,
          132.381777
        ]
      },
      {
        "date": "2025-08-22",
        "close": 132.257355,
        "volume": 1,
        "typical_volume": 240.3,
        "trend": 132.279185,
        "fair_value": 120.193144,
        "relative_strength": -3.0408,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.183172,
        "energy": 29.624805,
        "activity_lines": [
          132.182954,
          132.779229,
          133.158245,
          132.379727
        ]
      },
      {
        "date": "2025-08-29",
        "close": 132.257355,
        "volume": 0,
        "typical_volume": 211.4,
        "trend": 132.269247,
        "fair_value": 120.410615,
        "relative_strength": 0.282605,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -18.66352,
        "energy": 40.78412,
        "activity_lines": [
          132.095501,
          132.608712,
          133.195571,
          132.378319
        ]
      },
      {
        "date": "2025-09-05",
        "close": 131.239243,
        "volume": 699,
        "typical_volume": 245.8,
        "trend": 132.143075,
        "fair_value": 120.612238,
        "relative_strength": -0.097803,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.685906,
        "energy": 54.890243,
        "activity_lines": [
          131.767878,
          132.296158,
          133.066722,
          132.311867
        ]
      },
      {
        "date": "2025-09-12",
        "close": 133.902008,
        "volume": 3436,
        "typical_volume": 417.6,
        "trend": 131.996571,
        "fair_value": 120.854819,
        "relative_strength": -0.005785,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 25.226033,
        "energy": 19.19411,
        "activity_lines": [
          132.489696,
          132.510106,
          133.154082,
          132.425347
        ]
      },
      {
        "date": "2025-09-19",
        "close": 134.117371,
        "volume": 947,
        "typical_volume": 464.5,
        "trend": 131.857245,
        "fair_value": 121.127681,
        "relative_strength": -0.190277,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.388069,
        "energy": 29.79554,
        "activity_lines": [
          133.112312,
          132.751462,
          133.225406,
          132.562173
        ]
      },
      {
        "date": "2025-09-26",
        "close": 133.784531,
        "volume": 56,
        "typical_volume": 466.3,
        "trend": 131.731068,
        "fair_value": 121.396196,
        "relative_strength": -0.639118,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 47.32249,
        "energy": 36.207028,
        "activity_lines": [
          133.4556,
          132.928743,
          133.235661,
          132.686514
        ]
      },
      {
        "date": "2025-10-03",
        "close": 138.777222,
        "volume": 14,
        "typical_volume": 373.9,
        "trend": 131.846593,
        "fair_value": 121.68879,
        "relative_strength": 0.386735,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.634158,
        "energy": 82.607867,
        "activity_lines": [
          135.361307,
          134.017345,
          133.70724,
          133.141104
        ]
      },
      {
        "date": "2025-10-10",
        "close": 137.563324,
        "volume": 151,
        "typical_volume": 381.4,
        "trend": 132.031384,
        "fair_value": 121.975701,
        "relative_strength": 1.55644,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.713154,
        "energy": 93.61969,
        "activity_lines": [
          136.427723,
          134.793751,
          134.048385,
          133.509926
        ]
      },
      {
        "date": "2025-10-17",
        "close": 139.305862,
        "volume": 402,
        "typical_volume": 400.15,
        "trend": 132.27426,
        "fair_value": 122.26644,
        "relative_strength": -0.35036,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.904944,
        "energy": 96.635837,
        "activity_lines": [
          137.65338,
          135.81614,
          134.552409,
          133.979247
        ]
      },
      {
        "date": "2025-10-24",
        "close": 139.991135,
        "volume": 16,
        "typical_volume": 400.05,
        "trend": 132.60186,
        "fair_value": 122.53978,
        "relative_strength": -0.423699,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.291188,
        "energy": 95.709962,
        "activity_lines": [
          138.747205,
          136.818239,
          135.104822,
          134.47711
        ]
      },
      {
        "date": "2025-10-31",
        "close": 141.32251,
        "volume": 1,
        "typical_volume": 373.2,
        "trend": 133.318976,
        "fair_value": 122.811633,
        "relative_strength": 1.861761,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.082276,
        "energy": 96.269201,
        "activity_lines": [
          139.893236,
          137.909688,
          135.764267,
          135.039732
        ]
      },
      {
        "date": "2025-11-07",
        "close": 136.643097,
        "volume": 36,
        "typical_volume": 374.95,
        "trend": 133.94965,
        "fair_value": 123.02086,
        "relative_strength": 0.693358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.816193,
        "energy": 71.334646,
        "activity_lines": [
          138.976932,
          137.985513,
          135.948312,
          135.254192
        ]
      },
      {
        "date": "2025-11-14",
        "close": 140.480606,
        "volume": 533,
        "typical_volume": 401.15,
        "trend": 134.519404,
        "fair_value": 123.260396,
        "relative_strength": 0.722247,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.267911,
        "energy": 68.095973,
        "activity_lines": [
          139.482072,
          138.679327,
          136.48823,
          135.675544
        ]
      },
      {
        "date": "2025-11-21",
        "close": 135.585815,
        "volume": 18,
        "typical_volume": 401.6,
        "trend": 134.831365,
        "fair_value": 123.454339,
        "relative_strength": -0.489681,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.778648,
        "energy": 38.66151,
        "activity_lines": [
          138.16113,
          138.315154,
          136.529067,
          135.744344
        ]
      },
      {
        "date": "2025-11-28",
        "close": 135.585815,
        "volume": 0,
        "typical_volume": 352.7,
        "trend": 135.085894,
        "fair_value": 123.639657,
        "relative_strength": -2.107277,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 33.206218,
        "energy": 24.720242,
        "activity_lines": [
          137.08819,
          137.920366,
          136.558808,
          135.793019
        ]
      },
      {
        "date": "2025-12-05",
        "close": 139.305862,
        "volume": 18,
        "typical_volume": 352.8,
        "trend": 135.36914,
        "fair_value": 123.862457,
        "relative_strength": 0.673067,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.247893,
        "energy": 26.983026,
        "activity_lines": [
          137.548955,
          138.175252,
          136.934915,
          136.065275
        ]
      },
      {
        "date": "2025-12-12",
        "close": 141.087555,
        "volume": 487,
        "typical_volume": 377.0,
        "trend": 135.549921,
        "fair_value": 124.105651,
        "relative_strength": 2.548041,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 70.252455,
        "energy": 36.845155,
        "activity_lines": [
          138.73806,
          138.653694,
          137.455347,
          136.434205
        ]
      },
      {
        "date": "2025-12-19",
        "close": 141.087555,
        "volume": 0,
        "typical_volume": 375.75,
        "trend": 135.688932,
        "fair_value": 124.355255,
        "relative_strength": 1.539195,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 72.214088,
        "energy": 56.432939,
        "activity_lines": [
          139.630868,
          139.090129,
          137.940817,
          136.791471
        ]
      },
      {
        "date": "2025-12-26",
        "close": 143.084641,
        "volume": 33,
        "typical_volume": 377.35,
        "trend": 135.93302,
        "fair_value": 124.616145,
        "relative_strength": 3.548065,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.998493,
        "energy": 81.638024,
        "activity_lines": [
          141.148909,
          139.825595,
          138.581149,
          137.268614
        ]
      },
      {
        "date": "2026-01-02",
        "close": 143.632858,
        "volume": 2,
        "typical_volume": 342.5,
        "trend": 136.19277,
        "fair_value": 124.866216,
        "relative_strength": 2.782385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.246897,
        "energy": 91.356001,
        "activity_lines": [
          142.349766,
          140.592031,
          139.217752,
          137.765378
        ]
      },
      {
        "date": "2026-01-09",
        "close": 146.001938,
        "volume": 71,
        "typical_volume": 346.0,
        "trend": 136.556943,
        "fair_value": 125.118189,
        "relative_strength": 2.386937,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.937784,
        "energy": 94.572948,
        "activity_lines": [
          143.803847,
          141.722996,
          140.022643,
          138.398227
        ]
      },
      {
        "date": "2026-01-16",
        "close": 147.842392,
        "volume": 105,
        "typical_volume": 351.25,
        "trend": 136.997475,
        "fair_value": 125.377181,
        "relative_strength": 4.797888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.737106,
        "energy": 95.942208,
        "activity_lines": [
          145.425008,
          143.103508,
          140.937364,
          139.126321
        ]
      },
      {
        "date": "2026-01-23",
        "close": 146.452271,
        "volume": 138,
        "typical_volume": 323.2,
        "trend": 137.426911,
        "fair_value": 125.624233,
        "relative_strength": 5.140299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.61102,
        "energy": 88.977761,
        "activity_lines": [
          146.132473,
          144.027648,
          141.645479,
          139.736308
        ]
      },
      {
        "date": "2026-01-30",
        "close": 147.666168,
        "volume": 44,
        "typical_volume": 153.6,
        "trend": 137.907254,
        "fair_value": 125.864266,
        "relative_strength": 6.048733,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.828498,
        "energy": 84.31095,
        "activity_lines": [
          146.886922,
          145.06392,
          142.39676,
          140.396905
        ]
      },
      {
        "date": "2026-02-06",
        "close": 148.840912,
        "volume": 2,
        "typical_volume": 106.35,
        "trend": 138.404565,
        "fair_value": 126.121618,
        "relative_strength": 4.865174,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.858809,
        "energy": 88.193695,
        "activity_lines": [
          147.727518,
          146.094139,
          143.194378,
          141.102302
        ]
      },
      {
        "date": "2026-02-13",
        "close": 146.295624,
        "volume": 4,
        "typical_volume": 103.75,
        "trend": 138.815075,
        "fair_value": 126.358809,
        "relative_strength": 2.522456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.339858,
        "energy": 66.142837,
        "activity_lines": [
          147.37248,
          146.420577,
          143.679475,
          141.611403
        ]
      },
      {
        "date": "2026-02-20",
        "close": 150.583481,
        "volume": 2,
        "typical_volume": 103.15,
        "trend": 139.376345,
        "fair_value": 126.618008,
        "relative_strength": 2.918937,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.219592,
        "energy": 80.650734,
        "activity_lines": [
          148.42715,
          147.399539,
          144.513363,
          142.370655
        ]
      },
      {
        "date": "2026-02-27",
        "close": 153.559509,
        "volume": 53,
        "typical_volume": 98.25,
        "trend": 140.039427,
        "fair_value": 126.900248,
        "relative_strength": 4.045723,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.986614,
        "energy": 86.721655,
        "activity_lines": [
          150.291089,
          148.746944,
          145.574462,
          143.285697
        ]
      },
      {
        "date": "2026-03-06",
        "close": 146.511002,
        "volume": 20,
        "typical_volume": 79.15,
        "trend": 140.545223,
        "fair_value": 127.15222,
        "relative_strength": 6.364849,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.356111,
        "energy": 61.044744,
        "activity_lines": [
          149.33171,
          148.586039,
          145.888102,
          143.703218
        ]
      },
      {
        "date": "2026-03-13",
        "close": 145.727829,
        "volume": 1476,
        "typical_volume": 152.15,
        "trend": 141.016428,
        "fair_value": 127.400571,
        "relative_strength": 6.657162,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.169836,
        "energy": 49.796608,
        "activity_lines": [
          148.188284,
          148.220441,
          146.092844,
          144.03758
        ]
      },
      {
        "date": "2026-03-20",
        "close": 145.727829,
        "volume": 0,
        "typical_volume": 152.1,
        "trend": 141.465444,
        "fair_value": 127.6537,
        "relative_strength": 9.761354,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.850421,
        "energy": 35.67765,
        "activity_lines": [
          147.252398,
          147.816753,
          146.270268,
          144.341541
        ]
      },
      {
        "date": "2026-03-27",
        "close": 142.693054,
        "volume": 89,
        "typical_volume": 154.75,
        "trend": 141.813301,
        "fair_value": 127.861038,
        "relative_strength": 6.721672,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.653962,
        "energy": 23.798843,
        "activity_lines": [
          145.342772,
          146.866272,
          146.137689,
          144.420742
        ]
      },
      {
        "date": "2026-04-03",
        "close": 144.298538,
        "volume": 6,
        "typical_volume": 128.4,
        "trend": 142.24861,
        "fair_value": 128.075755,
        "relative_strength": 4.201521,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.689914,
        "energy": 23.305525,
        "activity_lines": [
          144.494337,
          146.301321,
          146.129203,
          144.58108
        ]
      },
      {
        "date": "2026-04-10",
        "close": 142.22316,
        "volume": 140,
        "typical_volume": 134.5,
        "trend": 142.525982,
        "fair_value": 128.263184,
        "relative_strength": -1.06384,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -6.168,
        "energy": 22.413117,
        "activity_lines": [
          143.571507,
          145.398187,
          145.904882,
          144.579438
        ]
      },
      {
        "date": "2026-04-17",
        "close": 150.642212,
        "volume": 18,
        "typical_volume": 135.4,
        "trend": 143.07681,
        "fair_value": 128.506783,
        "relative_strength": 2.626764,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.145972,
        "energy": 19.793828,
        "activity_lines": [
          145.740883,
          146.124754,
          146.450769,
          145.103066
        ]
      },
      {
        "date": "2026-04-24",
        "close": 154.460007,
        "volume": 10,
        "typical_volume": 135.0,
        "trend": 143.765993,
        "fair_value": 128.773659,
        "relative_strength": 8.414278,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 71.595013,
        "energy": 43.607478,
        "activity_lines": [
          148.855233,
          147.512715,
          147.288558,
          145.837466
        ]
      },
      {
        "date": "2026-05-01",
        "close": 154.460007,
        "volume": 0,
        "typical_volume": 110.65,
        "trend": 144.288752,
        "fair_value": 129.038143,
        "relative_strength": 8.681158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.206413,
        "energy": 75.294769,
        "activity_lines": [
          151.387437,
          148.752232,
          148.054185,
          146.527402
        ]
      },
      {
        "date": "2026-05-08",
        "close": 150.399994,
        "volume": 13,
        "typical_volume": 111.3,
        "trend": 144.716641,
        "fair_value": 129.268827,
        "relative_strength": 5.662976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.278818,
        "energy": 66.578396,
        "activity_lines": [
          151.78184,
          149.183083,
          148.369466,
          146.921676
        ]
      },
      {
        "date": "2026-05-15",
        "close": 150.399994,
        "volume": 0,
        "typical_volume": 109.65,
        "trend": 145.086446,
        "fair_value": 129.496521,
        "relative_strength": 7.587405,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.077279,
        "energy": 68.493499,
        "activity_lines": [
          151.76948,
          149.671379,
          148.640401,
          147.288344
        ]
      },
      {
        "date": "2026-05-22",
        "close": 151.080002,
        "volume": 430,
        "typical_volume": 131.05,
        "trend": 145.456075,
        "fair_value": 129.734075,
        "relative_strength": 5.794875,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.309071,
        "energy": 49.565581,
        "activity_lines": [
          151.438666,
          150.212605,
          148.941264,
          147.675025
        ]
      },
      {
        "date": "2026-05-29",
        "close": 152.800003,
        "volume": 4,
        "typical_volume": 127.7,
        "trend": 145.838658,
        "fair_value": 129.979785,
        "relative_strength": 5.981357,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.549272,
        "energy": 39.530966,
        "activity_lines": [
          151.652,
          150.969245,
          149.370474,
          148.148826
        ]
      },
      {
        "date": "2026-06-05",
        "close": 152.240005,
        "volume": 176,
        "typical_volume": 131.25,
        "trend": 146.358555,
        "fair_value": 130.22358,
        "relative_strength": 5.016131,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.749191,
        "energy": 39.799604,
        "activity_lines": [
          151.789335,
          151.495483,
          149.71398,
          148.561817
        ]
      },
      {
        "date": "2026-06-12",
        "close": 155.220001,
        "volume": 6,
        "typical_volume": 124.65,
        "trend": 146.849868,
        "fair_value": 130.474995,
        "relative_strength": 5.255338,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.614672,
        "energy": 49.030184,
        "activity_lines": [
          153.068002,
          152.389957,
          150.320353,
          149.133523
        ]
      },
      {
        "date": "2026-06-19",
        "close": 156.520004,
        "volume": 20,
        "typical_volume": 123.45,
        "trend": 147.547674,
        "fair_value": 130.758664,
        "relative_strength": 5.154071,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.236193,
        "energy": 67.303716,
        "activity_lines": [
          154.45867,
          153.322224,
          151.008785,
          149.757403
        ]
      },
      {
        "date": "2026-06-26",
        "close": 156.539993,
        "volume": 0,
        "typical_volume": 123.35,
        "trend": 148.246147,
        "fair_value": 131.027989,
        "relative_strength": 5.472815,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.850525,
        "energy": 79.811378,
        "activity_lines": [
          155.448,
          153.998182,
          151.65696,
          150.337552
        ]
      },
      {
        "date": "2026-07-03",
        "close": 159.0,
        "volume": 13,
        "typical_volume": 123.8,
        "trend": 148.902618,
        "fair_value": 131.334374,
        "relative_strength": 5.421671,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.727441,
        "energy": 90.704405,
        "activity_lines": [
          156.893333,
          155.014182,
          152.502759,
          151.031349
        ]
      },
      {
        "date": "2026-07-10",
        "close": 155.759995,
        "volume": 285,
        "typical_volume": 137.95,
        "trend": 149.391699,
        "fair_value": 131.59535,
        "relative_strength": 5.188131,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.752347,
        "energy": 77.997081,
        "activity_lines": [
          156.845331,
          155.358545,
          152.979489,
          151.473761
        ]
      },
      {
        "date": "2026-07-17",
        "close": 155.360001,
        "volume": 8,
        "typical_volume": 135.7,
        "trend": 149.867447,
        "fair_value": 131.848261,
        "relative_strength": 4.749431,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.356018,
        "energy": 77.460201,
        "activity_lines": [
          156.429332,
          155.606545,
          153.393474,
          151.858812
        ]
      },
      {
        "date": "2026-07-24",
        "close": 153.820007,
        "volume": 9,
        "typical_volume": 135.15,
        "trend": 150.225293,
        "fair_value": 132.082807,
        "relative_strength": 3.151353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.247432,
        "energy": 50.257393,
        "activity_lines": [
          155.490668,
          155.484364,
          153.652219,
          152.113816
        ]
      },
      {
        "date": "2026-07-31",
        "close": 155.839996,
        "volume": 14,
        "typical_volume": 62.05,
        "trend": 150.632198,
        "fair_value": 132.346091,
        "relative_strength": 2.752482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.88959,
        "energy": 35.511799,
        "activity_lines": [
          155.405333,
          155.667273,
          154.06854,
          152.476055
        ]
      },
      {
        "date": "2026-08-07",
        "close": 159.440002,
        "volume": 10,
        "typical_volume": 62.55,
        "trend": 151.080133,
        "fair_value": 132.627667,
        "relative_strength": 2.502338,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.300182,
        "energy": 57.236844,
        "activity_lines": [
          156.566667,
          156.418182,
          154.779564,
          153.0443
        ]
      }
    ],
    "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."
    }
  }
}