{
  "ticker": {
    "uuid": "30877f38-04a8-4ade-a101-11661dcfd8fb",
    "symbol": "PWS",
    "name": "PACER WEALTHSHIELD ETF",
    "exchange": "CBOE",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 79.845,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "mixed",
    "architecture_direction": 35.951,
    "architecture_energy": 22.07,
    "architecture_maturity": 23.42,
    "architecture_confidence": 41.862,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 46.45,
        "rotation_up": 41.77,
        "upward_expansion": 41.44,
        "deceleration": 49.6,
        "rotation_down": 31.2,
        "downward_expansion": 15.77
      },
      "activity_lines": [
        32.550547,
        32.519453,
        32.27279,
        32.22323
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 32.928,
    "trend_reference": 32.310392,
    "distance_from_trend": 0.019115,
    "trend_direction": "Weakening",
    "fair_value": 29.798114,
    "distance_from_fair_value": 0.105036,
    "fair_value_direction": "Improving",
    "relative_strength": -8.935562,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.005186,
    "excess_performance": -0.130811,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.019115,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.001032,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.105036,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.022943,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.089356,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.019126,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.005186,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.468365,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 3397,
      "relative_activity": 0.116748,
      "balance": 0.468365,
      "dry_up": 0.1359,
      "accumulation_observations": 0,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.01846,
      "annualized_volatility": 0.100446,
      "from_high_reference": -0.019745,
      "from_low_reference": 0.081444
    },
    "levels": {
      "trend_reference": 32.310392,
      "fair_value_reference": 29.798114,
      "structural_low": 31.113425,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": -0.008961,
        "positive_rate": 0.363636,
        "directional_follow_through": 0.363636,
        "median_excess_return": -0.006461,
        "regime_survival": 0.363636,
        "best_return": 0.056716,
        "worst_return": -0.055781,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.000416,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.075129,
        "regime_survival": 0.0,
        "best_return": 0.019924,
        "worst_return": -0.067059,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": -0.01104,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.078813,
        "regime_survival": 0.0,
        "best_return": 0.065337,
        "worst_return": -0.055377,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.122863,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.086799,
        "regime_survival": 0.0,
        "best_return": 0.202242,
        "worst_return": -0.107764,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": -0.038274,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-14",
        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.001611,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-11",
        "tenure": "New",
        "return": 0.00163,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-18",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": -0.029541,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-23",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.062002,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-25",
        "end": "2025-09-05",
        "tenure": "Developing",
        "return": -0.002172,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-12",
        "end": "2025-12-26",
        "tenure": "Established",
        "return": 0.038345,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-02",
        "end": "2026-01-09",
        "tenure": "New",
        "return": 0.025022,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-16",
        "end": "2026-03-06",
        "tenure": "Developing",
        "return": -0.019831,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-03-13",
        "end": "2026-03-20",
        "tenure": "New",
        "return": -0.009889,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-27",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.015851,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-04-24",
        "end": "2026-06-19",
        "tenure": "Developing",
        "return": -0.00975,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-06-26",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": -0.027314,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 25.632609,
        "volume": 12773,
        "typical_volume": 31550.85,
        "trend": 26.009346,
        "fair_value": 28.009322,
        "relative_strength": -11.576993,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -0.601566,
        "energy": 7.796048,
        "activity_lines": [
          26.170025,
          26.26984,
          25.996484,
          25.925614
        ]
      },
      {
        "date": "2023-08-25",
        "close": 25.92734,
        "volume": 11157,
        "typical_volume": 30661.8,
        "trend": 25.958734,
        "fair_value": 28.021062,
        "relative_strength": -10.92082,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 2.424192,
        "energy": 12.660524,
        "activity_lines": [
          26.026291,
          26.215013,
          26.005196,
          25.920323
        ]
      },
      {
        "date": "2023-09-01",
        "close": 26.697043,
        "volume": 15917,
        "typical_volume": 30560.8,
        "trend": 25.939708,
        "fair_value": 28.042514,
        "relative_strength": -10.157176,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 47.323506,
        "energy": 26.295585,
        "activity_lines": [
          26.190094,
          26.300657,
          26.08667,
          25.967956
        ]
      },
      {
        "date": "2023-09-08",
        "close": 26.384154,
        "volume": 4668,
        "typical_volume": 30594.85,
        "trend": 25.912541,
        "fair_value": 28.065685,
        "relative_strength": -9.720423,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 36.810595,
        "energy": 19.234454,
        "activity_lines": [
          26.26142,
          26.310923,
          26.134206,
          25.99663
        ]
      },
      {
        "date": "2023-09-15",
        "close": 26.230672,
        "volume": 4445,
        "typical_volume": 30256.3,
        "trend": 25.889239,
        "fair_value": 28.08612,
        "relative_strength": -9.704848,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 36.629789,
        "energy": 22.158897,
        "activity_lines": [
          26.28456,
          26.289881,
          26.164587,
          26.017155
        ]
      },
      {
        "date": "2023-09-22",
        "close": 25.354807,
        "volume": 49064,
        "typical_volume": 30582.8,
        "trend": 25.861147,
        "fair_value": 28.100568,
        "relative_strength": -9.621247,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.757911,
        "energy": 2.933175,
        "activity_lines": [
          26.011374,
          26.103474,
          26.109724,
          25.982675
        ]
      },
      {
        "date": "2023-09-29",
        "close": 25.338747,
        "volume": 77462,
        "typical_volume": 33753.95,
        "trend": 25.82624,
        "fair_value": 28.112896,
        "relative_strength": -8.568598,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.333432,
        "energy": 22.961779,
        "activity_lines": [
          25.751355,
          25.939851,
          26.0542,
          25.948972
        ]
      },
      {
        "date": "2023-10-06",
        "close": 25.264699,
        "volume": 32146,
        "typical_volume": 34588.2,
        "trend": 25.812331,
        "fair_value": 28.116877,
        "relative_strength": -8.803215,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.097492,
        "energy": 42.106642,
        "activity_lines": [
          25.505893,
          25.787367,
          25.991797,
          25.912744
        ]
      },
      {
        "date": "2023-10-13",
        "close": 25.358942,
        "volume": 10979,
        "typical_volume": 33827.15,
        "trend": 25.814514,
        "fair_value": 28.120776,
        "relative_strength": -8.372279,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.040493,
        "energy": 51.591624,
        "activity_lines": [
          25.387336,
          25.681285,
          25.935313,
          25.883493
        ]
      },
      {
        "date": "2023-10-20",
        "close": 25.205269,
        "volume": 9124,
        "typical_volume": 33591.6,
        "trend": 25.809223,
        "fair_value": 28.125626,
        "relative_strength": -6.304582,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -29.338118,
        "energy": 56.131963,
        "activity_lines": [
          25.285901,
          25.566713,
          25.860688,
          25.844187
        ]
      },
      {
        "date": "2023-10-27",
        "close": 24.610387,
        "volume": 32629,
        "typical_volume": 25380.3,
        "trend": 25.769645,
        "fair_value": 28.135691,
        "relative_strength": -5.85772,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -81.544188,
        "energy": 76.7093,
        "activity_lines": [
          25.054532,
          25.361433,
          25.73067,
          25.766842
        ]
      },
      {
        "date": "2023-11-03",
        "close": 24.868496,
        "volume": 48987,
        "typical_volume": 26254.15,
        "trend": 25.738148,
        "fair_value": 28.134505,
        "relative_strength": -9.678009,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -69.318505,
        "energy": 72.352573,
        "activity_lines": [
          24.958828,
          25.221668,
          25.629284,
          25.708704
        ]
      },
      {
        "date": "2023-11-10",
        "close": 24.892537,
        "volume": 23136,
        "typical_volume": 26806.2,
        "trend": 25.706981,
        "fair_value": 28.133615,
        "relative_strength": -10.4349,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.253376,
        "energy": 71.022693,
        "activity_lines": [
          24.902487,
          25.105525,
          25.535367,
          25.654148
        ]
      },
      {
        "date": "2023-11-17",
        "close": 24.887729,
        "volume": 68546,
        "typical_volume": 29632.3,
        "trend": 25.674856,
        "fair_value": 28.131453,
        "relative_strength": -12.067716,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.848786,
        "energy": 71.839962,
        "activity_lines": [
          24.869355,
          25.021317,
          25.444743,
          25.601293
        ]
      },
      {
        "date": "2023-11-24",
        "close": 24.921387,
        "volume": 15643,
        "typical_volume": 29698.5,
        "trend": 25.644011,
        "fair_value": 28.125049,
        "relative_strength": -12.421384,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.075125,
        "energy": 62.290146,
        "activity_lines": [
          24.878856,
          24.970437,
          25.363559,
          25.552682
        ]
      },
      {
        "date": "2023-12-01",
        "close": 25.140838,
        "volume": 46457,
        "typical_volume": 27575.9,
        "trend": 25.630801,
        "fair_value": 28.117609,
        "relative_strength": -12.00031,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.250657,
        "energy": 44.45681,
        "activity_lines": [
          24.980433,
          24.983262,
          25.307909,
          25.520219
        ]
      },
      {
        "date": "2023-12-08",
        "close": 25.266911,
        "volume": 12507,
        "typical_volume": 26817.85,
        "trend": 25.627191,
        "fair_value": 28.110417,
        "relative_strength": -11.373951,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -43.393321,
        "energy": 31.309033,
        "activity_lines": [
          25.088671,
          25.0229,
          25.272015,
          25.496743
        ]
      },
      {
        "date": "2023-12-15",
        "close": 26.027295,
        "volume": 8239,
        "typical_volume": 25628.2,
        "trend": 25.67401,
        "fair_value": 28.102902,
        "relative_strength": -10.41435,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -5.099453,
        "energy": 16.986106,
        "activity_lines": [
          25.423809,
          25.202095,
          25.315326,
          25.522556
        ]
      },
      {
        "date": "2023-12-22",
        "close": 26.173755,
        "volume": 51841,
        "typical_volume": 27348.05,
        "trend": 25.725711,
        "fair_value": 28.096153,
        "relative_strength": -10.262713,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 37.429147,
        "energy": 39.824109,
        "activity_lines": [
          25.732117,
          25.394055,
          25.376618,
          25.554797
        ]
      },
      {
        "date": "2023-12-29",
        "close": 26.165884,
        "volume": 49687,
        "typical_volume": 29270.35,
        "trend": 25.748891,
        "fair_value": 28.090954,
        "relative_strength": -10.12626,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.899205,
        "energy": 47.32905,
        "activity_lines": [
          25.952066,
          25.569768,
          25.438375,
          25.583196
        ]
      },
      {
        "date": "2024-01-05",
        "close": 25.640054,
        "volume": 13506,
        "typical_volume": 29307.0,
        "trend": 25.754862,
        "fair_value": 28.07611,
        "relative_strength": -10.073796,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 24.371652,
        "energy": 43.088641,
        "activity_lines": [
          25.913771,
          25.63241,
          25.450049,
          25.576174
        ]
      },
      {
        "date": "2024-01-12",
        "close": 26.221372,
        "volume": 12119,
        "typical_volume": 29355.1,
        "trend": 25.763699,
        "fair_value": 28.066306,
        "relative_strength": -9.289483,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 36.343675,
        "energy": 59.680812,
        "activity_lines": [
          26.035969,
          25.782025,
          25.517051,
          25.606271
        ]
      },
      {
        "date": "2024-01-19",
        "close": 26.424829,
        "volume": 2543,
        "typical_volume": 28686.4,
        "trend": 25.788523,
        "fair_value": 28.057549,
        "relative_strength": -9.235415,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 41.815495,
        "energy": 60.083209,
        "activity_lines": [
          26.162355,
          25.944035,
          25.60203,
          25.648925
        ]
      },
      {
        "date": "2024-01-26",
        "close": 26.720862,
        "volume": 3855,
        "typical_volume": 28645.75,
        "trend": 25.805984,
        "fair_value": 28.055852,
        "relative_strength": -8.753131,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 57.015534,
        "energy": 65.622009,
        "activity_lines": [
          26.360916,
          26.132009,
          25.716499,
          25.709076
        ]
      },
      {
        "date": "2024-02-02",
        "close": 27.107632,
        "volume": 6150,
        "typical_volume": 28731.0,
        "trend": 25.846429,
        "fair_value": 28.04667,
        "relative_strength": -8.371006,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 60.953593,
        "energy": 80.361759,
        "activity_lines": [
          26.651926,
          26.356975,
          25.8662,
          25.793053
        ]
      },
      {
        "date": "2024-02-09",
        "close": 27.629782,
        "volume": 8403,
        "typical_volume": 26697.95,
        "trend": 25.875138,
        "fair_value": 28.039373,
        "relative_strength": -7.509429,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 90.162827,
        "energy": 94.732173,
        "activity_lines": [
          27.054204,
          26.637127,
          26.061453,
          25.908108
        ]
      },
      {
        "date": "2024-02-16",
        "close": 27.54931,
        "volume": 6760,
        "typical_volume": 23162.85,
        "trend": 25.903719,
        "fair_value": 28.032014,
        "relative_strength": -7.107624,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.371431,
        "energy": 91.470445,
        "activity_lines": [
          27.297008,
          26.857395,
          26.238209,
          26.016119
        ]
      },
      {
        "date": "2024-02-23",
        "close": 27.965229,
        "volume": 12067,
        "typical_volume": 22158.9,
        "trend": 25.940082,
        "fair_value": 28.031827,
        "relative_strength": -6.890687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.37802,
        "energy": 91.613195,
        "activity_lines": [
          27.589924,
          27.111786,
          26.44405,
          26.14912
        ]
      },
      {
        "date": "2024-03-01",
        "close": 28.724341,
        "volume": 6014,
        "typical_volume": 21910.65,
        "trend": 26.016601,
        "fair_value": 28.035948,
        "relative_strength": -4.978292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.889782,
        "energy": 94.225658,
        "activity_lines": [
          28.033183,
          27.468963,
          26.709328,
          26.32875
        ]
      },
      {
        "date": "2024-03-08",
        "close": 28.33912,
        "volume": 5793,
        "typical_volume": 21744.1,
        "trend": 26.089068,
        "fair_value": 28.030884,
        "relative_strength": -5.67052,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.001139,
        "energy": 83.232246,
        "activity_lines": [
          28.21447,
          27.709725,
          26.921892,
          26.47859
        ]
      },
      {
        "date": "2024-03-15",
        "close": 27.944505,
        "volume": 9388,
        "typical_volume": 20582.05,
        "trend": 26.166131,
        "fair_value": 28.025127,
        "relative_strength": -6.595171,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.18072,
        "energy": 66.060685,
        "activity_lines": [
          28.18212,
          27.839225,
          27.081951,
          26.598295
        ]
      },
      {
        "date": "2024-03-22",
        "close": 28.509706,
        "volume": 20944,
        "typical_volume": 19179.9,
        "trend": 26.25221,
        "fair_value": 28.023172,
        "relative_strength": -6.470126,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.074233,
        "energy": 66.578119,
        "activity_lines": [
          28.317188,
          28.02959,
          27.279962,
          26.749494
        ]
      },
      {
        "date": "2024-03-29",
        "close": 28.614788,
        "volume": 13219,
        "typical_volume": 18684.05,
        "trend": 26.316135,
        "fair_value": 28.019893,
        "relative_strength": -6.174509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.935785,
        "energy": 63.409617,
        "activity_lines": [
          28.423257,
          28.197455,
          27.470641,
          26.901918
        ]
      },
      {
        "date": "2024-04-05",
        "close": 28.180114,
        "volume": 79261,
        "typical_volume": 19219.8,
        "trend": 26.376,
        "fair_value": 28.013827,
        "relative_strength": -6.475214,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.392358,
        "energy": 54.271427,
        "activity_lines": [
          28.341131,
          28.246471,
          27.602198,
          27.022175
        ]
      },
      {
        "date": "2024-04-12",
        "close": 27.610598,
        "volume": 7269,
        "typical_volume": 18801.1,
        "trend": 26.421997,
        "fair_value": 28.002305,
        "relative_strength": -6.712975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.415665,
        "energy": 43.205432,
        "activity_lines": [
          28.105448,
          28.165406,
          27.663838,
          27.101826
        ]
      },
      {
        "date": "2024-04-19",
        "close": 26.551542,
        "volume": 2550,
        "typical_volume": 16605.75,
        "trend": 26.461889,
        "fair_value": 27.98437,
        "relative_strength": -7.140146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 19.064449,
        "energy": 17.674084,
        "activity_lines": [
          27.565315,
          27.882641,
          27.611809,
          27.110184
        ]
      },
      {
        "date": "2024-04-26",
        "close": 27.213246,
        "volume": 19686,
        "typical_volume": 16964.7,
        "trend": 26.524372,
        "fair_value": 27.968291,
        "relative_strength": -6.984535,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.791683,
        "energy": 26.3416,
        "activity_lines": [
          27.338614,
          27.73979,
          27.616081,
          27.158659
        ]
      },
      {
        "date": "2024-05-03",
        "close": 27.337231,
        "volume": 3836,
        "typical_volume": 16744.55,
        "trend": 26.593456,
        "fair_value": 27.946847,
        "relative_strength": -6.824274,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.956772,
        "energy": 25.442915,
        "activity_lines": [
          27.239672,
          27.625593,
          27.622894,
          27.211101
        ]
      },
      {
        "date": "2024-05-10",
        "close": 27.7594,
        "volume": 7273,
        "typical_volume": 14516.15,
        "trend": 26.673472,
        "fair_value": 27.928454,
        "relative_strength": -6.8313,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.167209,
        "energy": 20.955614,
        "activity_lines": [
          27.366623,
          27.599571,
          27.663675,
          27.286323
        ]
      },
      {
        "date": "2024-05-17",
        "close": 28.086277,
        "volume": 7072,
        "typical_volume": 12385.4,
        "trend": 26.769505,
        "fair_value": 27.914627,
        "relative_strength": -7.060099,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.126492,
        "energy": 18.5396,
        "activity_lines": [
          27.630581,
          27.650526,
          27.728037,
          27.377472
        ]
      },
      {
        "date": "2024-05-24",
        "close": 28.005915,
        "volume": 14561,
        "typical_volume": 12438.15,
        "trend": 26.88269,
        "fair_value": 27.898559,
        "relative_strength": -7.118376,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.363142,
        "energy": 30.32229,
        "activity_lines": [
          27.836039,
          27.691467,
          27.775601,
          27.45724
        ]
      },
      {
        "date": "2024-05-31",
        "close": 27.6422,
        "volume": 6037,
        "typical_volume": 12134.05,
        "trend": 26.975146,
        "fair_value": 27.876723,
        "relative_strength": -7.716334,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 39.333247,
        "energy": 29.568344,
        "activity_lines": [
          27.823301,
          27.665161,
          27.777259,
          27.506241
        ]
      },
      {
        "date": "2024-06-07",
        "close": 28.054384,
        "volume": 3655,
        "typical_volume": 12189.65,
        "trend": 27.080541,
        "fair_value": 27.860493,
        "relative_strength": -7.267705,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 46.541995,
        "energy": 33.337788,
        "activity_lines": [
          27.919361,
          27.72957,
          27.811407,
          27.575869
        ]
      },
      {
        "date": "2024-06-14",
        "close": 28.301675,
        "volume": 30121,
        "typical_volume": 13502.95,
        "trend": 27.194339,
        "fair_value": 27.854169,
        "relative_strength": -7.725041,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 54.950097,
        "energy": 44.608846,
        "activity_lines": [
          28.050041,
          27.849131,
          27.861347,
          27.654652
        ]
      },
      {
        "date": "2024-06-21",
        "close": 28.578145,
        "volume": 7621,
        "typical_volume": 13576.5,
        "trend": 27.316231,
        "fair_value": 27.84328,
        "relative_strength": -7.17856,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.745423,
        "energy": 59.476541,
        "activity_lines": [
          28.236726,
          28.016749,
          27.930089,
          27.74393
        ]
      },
      {
        "date": "2024-06-28",
        "close": 28.676869,
        "volume": 9877,
        "typical_volume": 13650.2,
        "trend": 27.434099,
        "fair_value": 27.832497,
        "relative_strength": -6.578367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.310048,
        "energy": 70.258343,
        "activity_lines": [
          28.423528,
          28.184725,
          28.001231,
          27.831713
        ]
      },
      {
        "date": "2024-07-05",
        "close": 29.196321,
        "volume": 9928,
        "typical_volume": 13808.6,
        "trend": 27.565079,
        "fair_value": 27.825356,
        "relative_strength": -6.442231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.176677,
        "energy": 83.008591,
        "activity_lines": [
          28.73875,
          28.408504,
          28.116859,
          27.945405
        ]
      },
      {
        "date": "2024-07-12",
        "close": 29.373129,
        "volume": 19561,
        "typical_volume": 14183.3,
        "trend": 27.676607,
        "fair_value": 27.824577,
        "relative_strength": -6.520385,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.014487,
        "energy": 88.794604,
        "activity_lines": [
          29.0093,
          28.628375,
          28.241483,
          28.062053
        ]
      },
      {
        "date": "2024-07-19",
        "close": 28.936401,
        "volume": 6227,
        "typical_volume": 14193.95,
        "trend": 27.768695,
        "fair_value": 27.818524,
        "relative_strength": -5.834298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.90984,
        "energy": 83.084566,
        "activity_lines": [
          29.046358,
          28.731824,
          28.317809,
          28.14333
        ]
      },
      {
        "date": "2024-07-26",
        "close": 28.899117,
        "volume": 3594,
        "typical_volume": 14084.0,
        "trend": 27.859803,
        "fair_value": 27.812856,
        "relative_strength": -4.955371,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.868302,
        "energy": 77.89831,
        "activity_lines": [
          29.028672,
          28.807094,
          28.389574,
          28.21626
        ]
      },
      {
        "date": "2024-08-02",
        "close": 28.62638,
        "volume": 3976,
        "typical_volume": 13813.4,
        "trend": 27.959347,
        "fair_value": 27.803608,
        "relative_strength": -3.605675,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.040007,
        "energy": 46.183415,
        "activity_lines": [
          28.898677,
          28.817997,
          28.432698,
          28.265717
        ]
      },
      {
        "date": "2024-08-09",
        "close": 28.662111,
        "volume": 24737,
        "typical_volume": 14003.05,
        "trend": 28.040705,
        "fair_value": 27.793616,
        "relative_strength": -3.309399,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.864375,
        "energy": 29.044069,
        "activity_lines": [
          28.783957,
          28.824114,
          28.475978,
          28.311057
        ]
      },
      {
        "date": "2024-08-16",
        "close": 29.63305,
        "volume": 37391,
        "typical_volume": 15211.65,
        "trend": 28.147646,
        "fair_value": 27.794214,
        "relative_strength": -3.676066,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.081776,
        "energy": 44.266507,
        "activity_lines": [
          29.028498,
          28.988223,
          28.611003,
          28.413789
        ]
      },
      {
        "date": "2024-08-23",
        "close": 30.069972,
        "volume": 7433,
        "typical_volume": 11620.25,
        "trend": 28.259283,
        "fair_value": 27.791664,
        "relative_strength": -3.405868,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 79.158183,
        "energy": 55.271293,
        "activity_lines": [
          29.401351,
          29.203069,
          28.78279,
          28.53781
        ]
      },
      {
        "date": "2024-08-30",
        "close": 30.293288,
        "volume": 5782,
        "typical_volume": 11545.9,
        "trend": 28.365472,
        "fair_value": 27.789829,
        "relative_strength": -2.744661,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.183008,
        "energy": 83.051906,
        "activity_lines": [
          29.773072,
          29.426367,
          28.966846,
          28.669036
        ]
      },
      {
        "date": "2024-09-06",
        "close": 31.264227,
        "volume": 8764,
        "typical_volume": 11856.6,
        "trend": 28.48662,
        "fair_value": 27.798663,
        "relative_strength": 4.784287,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.515181,
        "energy": 95.330899,
        "activity_lines": [
          30.375494,
          29.795015,
          29.230598,
          28.856052
        ]
      },
      {
        "date": "2024-09-13",
        "close": 31.535604,
        "volume": 10234,
        "typical_volume": 11384.0,
        "trend": 28.619496,
        "fair_value": 27.808822,
        "relative_strength": 1.752246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.735183,
        "energy": 95.470575,
        "activity_lines": [
          30.892519,
          30.165961,
          29.497754,
          29.052761
        ]
      },
      {
        "date": "2024-09-20",
        "close": 30.997024,
        "volume": 15605,
        "typical_volume": 11972.45,
        "trend": 28.720556,
        "fair_value": 27.812894,
        "relative_strength": -1.209569,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.036083,
        "energy": 87.812657,
        "activity_lines": [
          31.038451,
          30.396451,
          29.693034,
          29.20615
        ]
      },
      {
        "date": "2024-09-27",
        "close": 30.916566,
        "volume": 2875,
        "typical_volume": 11752.55,
        "trend": 28.79363,
        "fair_value": 27.818549,
        "relative_strength": -1.816761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.379725,
        "energy": 84.72541,
        "activity_lines": [
          31.066632,
          30.582787,
          29.863224,
          29.347828
        ]
      },
      {
        "date": "2024-10-04",
        "close": 30.156512,
        "volume": 26429,
        "typical_volume": 12720.4,
        "trend": 28.85421,
        "fair_value": 27.81844,
        "relative_strength": -4.249478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.626293,
        "energy": 57.949031,
        "activity_lines": [
          30.785022,
          30.594929,
          29.945993,
          29.435756
        ]
      },
      {
        "date": "2024-10-11",
        "close": 29.571706,
        "volume": 4699,
        "typical_volume": 12227.3,
        "trend": 28.90845,
        "fair_value": 27.809358,
        "relative_strength": -6.897237,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.227107,
        "energy": 33.54024,
        "activity_lines": [
          30.317595,
          30.47788,
          29.963209,
          29.482046
        ]
      },
      {
        "date": "2024-10-18",
        "close": 29.639934,
        "volume": 7399,
        "typical_volume": 12295.4,
        "trend": 28.946124,
        "fair_value": 27.796962,
        "relative_strength": -7.157931,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.70975,
        "energy": 26.952413,
        "activity_lines": [
          29.985746,
          30.356049,
          29.979466,
          29.529238
        ]
      },
      {
        "date": "2024-10-25",
        "close": 29.04538,
        "volume": 7382,
        "typical_volume": 12481.75,
        "trend": 28.960477,
        "fair_value": 27.778686,
        "relative_strength": -7.804848,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.349911,
        "energy": 24.261278,
        "activity_lines": [
          29.58209,
          30.108338,
          29.929586,
          29.535642
        ]
      },
      {
        "date": "2024-11-01",
        "close": 29.129105,
        "volume": 9537,
        "typical_volume": 11452.55,
        "trend": 28.99211,
        "fair_value": 27.756918,
        "relative_strength": -6.012046,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.413892,
        "energy": 27.572481,
        "activity_lines": [
          29.336451,
          29.886535,
          29.88296,
          29.546521
        ]
      },
      {
        "date": "2024-11-08",
        "close": 30.176006,
        "volume": 7417,
        "typical_volume": 11442.35,
        "trend": 29.077624,
        "fair_value": 27.743101,
        "relative_strength": -6.828227,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.363414,
        "energy": 23.215763,
        "activity_lines": [
          29.558944,
          29.872185,
          29.9321,
          29.622901
        ]
      },
      {
        "date": "2024-11-15",
        "close": 29.756213,
        "volume": 8729,
        "typical_volume": 11384.95,
        "trend": 29.184446,
        "fair_value": 27.725645,
        "relative_strength": -6.000957,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.997155,
        "energy": 16.33227,
        "activity_lines": [
          29.640207,
          29.78364,
          29.93365,
          29.666681
        ]
      },
      {
        "date": "2024-11-22",
        "close": 30.43605,
        "volume": 2227,
        "typical_volume": 10999.9,
        "trend": 29.291873,
        "fair_value": 27.717158,
        "relative_strength": -5.281887,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.773743,
        "energy": 22.527978,
        "activity_lines": [
          29.935781,
          29.846121,
          29.994807,
          29.74743
        ]
      },
      {
        "date": "2024-11-29",
        "close": 30.938204,
        "volume": 4532,
        "typical_volume": 10248.45,
        "trend": 29.411905,
        "fair_value": 27.710874,
        "relative_strength": -4.702851,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.716818,
        "energy": 42.213242,
        "activity_lines": [
          30.345665,
          30.019895,
          30.097885,
          29.853645
        ]
      },
      {
        "date": "2024-12-06",
        "close": 31.069103,
        "volume": 7418,
        "typical_volume": 10308.0,
        "trend": 29.522229,
        "fair_value": 27.711777,
        "relative_strength": -4.974125,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.614442,
        "energy": 70.603154,
        "activity_lines": [
          30.672994,
          30.218538,
          30.205976,
          29.960561
        ]
      },
      {
        "date": "2024-12-13",
        "close": 30.833718,
        "volume": 13967,
        "typical_volume": 10826.65,
        "trend": 29.61381,
        "fair_value": 27.708588,
        "relative_strength": -4.964004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.843102,
        "energy": 71.7685,
        "activity_lines": [
          30.792528,
          30.37161,
          30.281494,
          30.045173
        ]
      },
      {
        "date": "2024-12-20",
        "close": 30.076199,
        "volume": 3591,
        "typical_volume": 10807.4,
        "trend": 29.68282,
        "fair_value": 27.703327,
        "relative_strength": -5.392921,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.330849,
        "energy": 59.567875,
        "activity_lines": [
          30.615709,
          30.374638,
          30.275655,
          30.075005
        ]
      },
      {
        "date": "2024-12-27",
        "close": 30.214597,
        "volume": 4051,
        "typical_volume": 9773.1,
        "trend": 29.768566,
        "fair_value": 27.699153,
        "relative_strength": -5.405834,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.168807,
        "energy": 32.984891,
        "activity_lines": [
          30.46369,
          30.393657,
          30.276093,
          30.109313
        ]
      },
      {
        "date": "2025-01-03",
        "close": 30.137376,
        "volume": 11738,
        "typical_volume": 8490.45,
        "trend": 29.837999,
        "fair_value": 27.700368,
        "relative_strength": -5.003784,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.236353,
        "energy": 16.199657,
        "activity_lines": [
          30.300694,
          30.388188,
          30.261784,
          30.133107
        ]
      },
      {
        "date": "2025-01-10",
        "close": 29.611061,
        "volume": 10097,
        "typical_volume": 8623.65,
        "trend": 29.881646,
        "fair_value": 27.699952,
        "relative_strength": -4.659237,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.951839,
        "energy": 16.619535,
        "activity_lines": [
          30.015648,
          30.267171,
          30.194948,
          30.118466
        ]
      },
      {
        "date": "2025-01-17",
        "close": 30.912819,
        "volume": 1454,
        "typical_volume": 8407.25,
        "trend": 29.959468,
        "fair_value": 27.716589,
        "relative_strength": -3.183994,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 45.799625,
        "energy": 21.185766,
        "activity_lines": [
          30.261724,
          30.374074,
          30.254274,
          30.184993
        ]
      },
      {
        "date": "2025-01-24",
        "close": 31.446494,
        "volume": 4812,
        "typical_volume": 8209.65,
        "trend": 30.051789,
        "fair_value": 27.736509,
        "relative_strength": -3.063076,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 68.682183,
        "energy": 36.980728,
        "activity_lines": [
          30.680419,
          30.564612,
          30.361477,
          30.28093
        ]
      },
      {
        "date": "2025-01-31",
        "close": 31.467786,
        "volume": 12315,
        "typical_volume": 8313.7,
        "trend": 30.127504,
        "fair_value": 27.753187,
        "relative_strength": -1.891255,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 69.021413,
        "energy": 61.980288,
        "activity_lines": [
          31.014857,
          30.728289,
          30.469839,
          30.372285
        ]
      },
      {
        "date": "2025-02-07",
        "close": 31.290483,
        "volume": 26762,
        "typical_volume": 8871.55,
        "trend": 30.191416,
        "fair_value": 27.769065,
        "relative_strength": -2.141128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.868333,
        "energy": 71.896322,
        "activity_lines": [
          31.206649,
          30.84097,
          30.561638,
          30.447316
        ]
      },
      {
        "date": "2025-02-14",
        "close": 31.486135,
        "volume": 7056,
        "typical_volume": 9080.6,
        "trend": 30.276407,
        "fair_value": 27.785819,
        "relative_strength": -2.823411,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.815814,
        "energy": 75.867255,
        "activity_lines": [
          31.386785,
          30.98282,
          30.670673,
          30.530846
        ]
      },
      {
        "date": "2025-02-21",
        "close": 30.672327,
        "volume": 8628,
        "typical_volume": 8190.55,
        "trend": 30.335514,
        "fair_value": 27.797449,
        "relative_strength": -3.633035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.855072,
        "energy": 58.048403,
        "activity_lines": [
          31.170646,
          30.969121,
          30.69949,
          30.556389
        ]
      },
      {
        "date": "2025-02-28",
        "close": 30.538393,
        "volume": 56249,
        "typical_volume": 10768.05,
        "trend": 30.399248,
        "fair_value": 27.808756,
        "relative_strength": -2.936153,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.990673,
        "energy": 25.066287,
        "activity_lines": [
          30.925895,
          30.934006,
          30.713096,
          30.569478
        ]
      },
      {
        "date": "2025-03-07",
        "close": 30.092877,
        "volume": 71024,
        "typical_volume": 13949.3,
        "trend": 30.44694,
        "fair_value": 27.817208,
        "relative_strength": -1.181855,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 14.000813,
        "energy": 12.633626,
        "activity_lines": [
          30.593179,
          30.809484,
          30.679668,
          30.549712
        ]
      },
      {
        "date": "2025-03-14",
        "close": 30.089338,
        "volume": 33280,
        "typical_volume": 15244.2,
        "trend": 30.46215,
        "fair_value": 27.825667,
        "relative_strength": 1.177214,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.526056,
        "energy": 19.797389,
        "activity_lines": [
          30.350944,
          30.686532,
          30.643746,
          30.526641
        ]
      },
      {
        "date": "2025-03-21",
        "close": 30.248601,
        "volume": 13187,
        "typical_volume": 15426.7,
        "trend": 30.468104,
        "fair_value": 27.835176,
        "relative_strength": 1.262141,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.338496,
        "energy": 23.764934,
        "activity_lines": [
          30.241873,
          30.59341,
          30.618021,
          30.512864
        ]
      },
      {
        "date": "2025-03-28",
        "close": 30.040871,
        "volume": 20870,
        "typical_volume": 16099.35,
        "trend": 30.45969,
        "fair_value": 27.841015,
        "relative_strength": 2.122089,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -21.674691,
        "energy": 30.337783,
        "activity_lines": [
          30.146061,
          30.450927,
          30.567181,
          30.4853
        ]
      },
      {
        "date": "2025-04-04",
        "close": 30.151864,
        "volume": 35919,
        "typical_volume": 17458.85,
        "trend": 30.422612,
        "fair_value": 27.844662,
        "relative_strength": 12.530183,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -17.677165,
        "energy": 32.810058,
        "activity_lines": [
          30.129344,
          30.344479,
          30.527556,
          30.465441
        ]
      },
      {
        "date": "2025-04-11",
        "close": 30.201019,
        "volume": 213415,
        "typical_volume": 28018.25,
        "trend": 30.378125,
        "fair_value": 27.849146,
        "relative_strength": 6.5929,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -15.55287,
        "energy": 23.498557,
        "activity_lines": [
          30.15478,
          30.270507,
          30.490728,
          30.451144
        ]
      },
      {
        "date": "2025-04-18",
        "close": 30.203968,
        "volume": 32663,
        "typical_volume": 29424.8,
        "trend": 30.35169,
        "fair_value": 27.856986,
        "relative_strength": 8.007866,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -14.987645,
        "energy": 19.491093,
        "activity_lines": [
          30.17399,
          30.220102,
          30.4553,
          30.439908
        ]
      },
      {
        "date": "2025-04-25",
        "close": 30.249879,
        "volume": 31503,
        "typical_volume": 30629.05,
        "trend": 30.329467,
        "fair_value": 27.870571,
        "relative_strength": 3.385379,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -11.943326,
        "energy": 14.504614,
        "activity_lines": [
          30.200862,
          30.197801,
          30.42774,
          30.43334
        ]
      },
      {
        "date": "2025-05-02",
        "close": 29.817608,
        "volume": 30978,
        "typical_volume": 31479.6,
        "trend": 30.31817,
        "fair_value": 27.879144,
        "relative_strength": -0.935464,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -37.24991,
        "energy": 29.900138,
        "activity_lines": [
          30.083557,
          30.119381,
          30.362913,
          30.400317
        ]
      },
      {
        "date": "2025-05-09",
        "close": 29.543124,
        "volume": 18476,
        "typical_volume": 32223.85,
        "trend": 30.317218,
        "fair_value": 27.889537,
        "relative_strength": -1.368495,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -43.230086,
        "energy": 49.099619,
        "activity_lines": [
          29.889643,
          30.006596,
          30.276784,
          30.350314
        ]
      },
      {
        "date": "2025-05-16",
        "close": 29.311701,
        "volume": 8541,
        "typical_volume": 32448.35,
        "trend": 30.306277,
        "fair_value": 27.90157,
        "relative_strength": -6.910637,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -74.714633,
        "energy": 71.666184,
        "activity_lines": [
          29.65917,
          29.86983,
          30.171152,
          30.285442
        ]
      },
      {
        "date": "2025-05-23",
        "close": 28.684774,
        "volume": 18766,
        "typical_volume": 32799.75,
        "trend": 30.294256,
        "fair_value": 27.898569,
        "relative_strength": -6.390776,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.783001,
        "energy": 87.401331,
        "activity_lines": [
          29.279009,
          29.63328,
          30.010113,
          30.180829
        ]
      },
      {
        "date": "2025-05-30",
        "close": 29.219682,
        "volume": 12809,
        "typical_volume": 32935.35,
        "trend": 30.297276,
        "fair_value": 27.901333,
        "relative_strength": -6.188847,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.996606,
        "energy": 81.009274,
        "activity_lines": [
          29.178431,
          29.519524,
          29.906935,
          30.111501
        ]
      },
      {
        "date": "2025-06-06",
        "close": 29.441954,
        "volume": 15040,
        "typical_volume": 33614.65,
        "trend": 30.272807,
        "fair_value": 27.905522,
        "relative_strength": -6.87582,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.635598,
        "energy": 78.937683,
        "activity_lines": [
          29.220623,
          29.464889,
          29.826789,
          30.056319
        ]
      },
      {
        "date": "2025-06-13",
        "close": 29.022687,
        "volume": 4375,
        "typical_volume": 33592.8,
        "trend": 30.248356,
        "fair_value": 27.907114,
        "relative_strength": -7.73201,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.115747,
        "energy": 79.020857,
        "activity_lines": [
          29.148103,
          29.344912,
          29.713717,
          29.975666
        ]
      },
      {
        "date": "2025-06-20",
        "close": 29.060488,
        "volume": 11703,
        "typical_volume": 33562.2,
        "trend": 30.202504,
        "fair_value": 27.908901,
        "relative_strength": -7.320339,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.841077,
        "energy": 55.308214,
        "activity_lines": [
          29.122879,
          29.252339,
          29.615787,
          29.89903
        ]
      },
      {
        "date": "2025-06-27",
        "close": 29.853818,
        "volume": 71375,
        "typical_volume": 35792.85,
        "trend": 30.166358,
        "fair_value": 27.915863,
        "relative_strength": -7.823299,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -46.113507,
        "energy": 34.93671,
        "activity_lines": [
          29.378846,
          29.324745,
          29.604875,
          29.876534
        ]
      },
      {
        "date": "2025-07-04",
        "close": 30.160866,
        "volume": 9038,
        "typical_volume": 35891.95,
        "trend": 30.136084,
        "fair_value": 27.924704,
        "relative_strength": -8.258888,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.201342,
        "energy": 16.026064,
        "activity_lines": [
          29.659226,
          29.459344,
          29.630047,
          29.876179
        ]
      },
      {
        "date": "2025-07-11",
        "close": 30.082994,
        "volume": 30823,
        "typical_volume": 37001.7,
        "trend": 30.111059,
        "fair_value": 27.933045,
        "relative_strength": -8.079787,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -13.458983,
        "energy": 21.013496,
        "activity_lines": [
          29.850903,
          29.581403,
          29.654114,
          29.872754
        ]
      },
      {
        "date": "2025-07-18",
        "close": 30.463275,
        "volume": 8881,
        "typical_volume": 34633.3,
        "trend": 30.123962,
        "fair_value": 27.943824,
        "relative_strength": -7.341421,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 28.969396,
        "energy": 35.227357,
        "activity_lines": [
          30.126605,
          29.767779,
          29.717205,
          29.895478
        ]
      },
      {
        "date": "2025-07-25",
        "close": 30.892708,
        "volume": 2364,
        "typical_volume": 31200.3,
        "trend": 30.146566,
        "fair_value": 27.957296,
        "relative_strength": -7.260583,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 40.31565,
        "energy": 44.39575,
        "activity_lines": [
          30.449411,
          30.015503,
          29.821551,
          29.945074
        ]
      },
      {
        "date": "2025-08-01",
        "close": 30.297858,
        "volume": 79767,
        "typical_volume": 33524.65,
        "trend": 30.151915,
        "fair_value": 27.966895,
        "relative_strength": -6.60212,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.181971,
        "energy": 43.7358,
        "activity_lines": [
          30.451787,
          30.126327,
          29.865437,
          29.954835
        ]
      },
      {
        "date": "2025-08-08",
        "close": 30.776245,
        "volume": 48717,
        "typical_volume": 35301.15,
        "trend": 30.190755,
        "fair_value": 27.97953,
        "relative_strength": -7.219244,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.982438,
        "energy": 57.563142,
        "activity_lines": [
          30.584022,
          30.294802,
          29.95389,
          29.995115
        ]
      },
      {
        "date": "2025-08-15",
        "close": 30.80694,
        "volume": 3719,
        "typical_volume": 34443.6,
        "trend": 30.187225,
        "fair_value": 27.992091,
        "relative_strength": -7.81761,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.616999,
        "energy": 57.575381,
        "activity_lines": [
          30.685463,
          30.440557,
          30.042754,
          30.034868
        ]
      },
      {
        "date": "2025-08-22",
        "close": 30.991011,
        "volume": 13157,
        "typical_volume": 33305.5,
        "trend": 30.172042,
        "fair_value": 28.005953,
        "relative_strength": -7.325118,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 44.803026,
        "energy": 53.400611,
        "activity_lines": [
          30.799998,
          30.594961,
          30.1455,
          30.086726
        ]
      },
      {
        "date": "2025-08-29",
        "close": 30.946597,
        "volume": 16551,
        "typical_volume": 23462.3,
        "trend": 30.15467,
        "fair_value": 28.020071,
        "relative_strength": -7.199048,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 41.038205,
        "energy": 58.792356,
        "activity_lines": [
          30.864546,
          30.705502,
          30.240021,
          30.136697
        ]
      },
      {
        "date": "2025-09-05",
        "close": 30.825623,
        "volume": 5134,
        "typical_volume": 22085.85,
        "trend": 30.139174,
        "fair_value": 28.03083,
        "relative_strength": -7.497781,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 61.602695,
        "energy": 59.415007,
        "activity_lines": [
          30.885177,
          30.759755,
          30.31947,
          30.179984
        ]
      },
      {
        "date": "2025-09-12",
        "close": 31.283161,
        "volume": 4754,
        "typical_volume": 20748.4,
        "trend": 30.132408,
        "fair_value": 28.048102,
        "relative_strength": -7.257505,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.839555,
        "energy": 66.967675,
        "activity_lines": [
          31.023137,
          30.879528,
          30.439534,
          30.25379
        ]
      },
      {
        "date": "2025-09-19",
        "close": 31.660649,
        "volume": 8131,
        "typical_volume": 19606.05,
        "trend": 30.165352,
        "fair_value": 28.07292,
        "relative_strength": -7.022911,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.090031,
        "energy": 74.309181,
        "activity_lines": [
          31.253131,
          31.047529,
          30.590628,
          30.352386
        ]
      },
      {
        "date": "2025-09-26",
        "close": 31.689839,
        "volume": 7123,
        "typical_volume": 19038.4,
        "trend": 30.203734,
        "fair_value": 28.101639,
        "relative_strength": -6.431811,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.847298,
        "energy": 82.600557,
        "activity_lines": [
          31.435941,
          31.192153,
          30.735727,
          30.45074
        ]
      },
      {
        "date": "2025-10-03",
        "close": 32.000043,
        "volume": 11804,
        "typical_volume": 19201.55,
        "trend": 30.267306,
        "fair_value": 28.13237,
        "relative_strength": -6.367484,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.054565,
        "energy": 90.656439,
        "activity_lines": [
          31.675564,
          31.370877,
          30.900146,
          30.566631
        ]
      },
      {
        "date": "2025-10-10",
        "close": 31.513414,
        "volume": 14610,
        "typical_volume": 18993.75,
        "trend": 30.314775,
        "fair_value": 28.15992,
        "relative_strength": -5.384772,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.827818,
        "energy": 77.279078,
        "activity_lines": [
          31.682748,
          31.440989,
          31.005417,
          30.647025
        ]
      },
      {
        "date": "2025-10-17",
        "close": 32.040117,
        "volume": 182904,
        "typical_volume": 27498.5,
        "trend": 30.374493,
        "fair_value": 28.190878,
        "relative_strength": -5.339338,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.080677,
        "energy": 72.843855,
        "activity_lines": [
          31.819646,
          31.584765,
          31.147382,
          30.758337
        ]
      },
      {
        "date": "2025-10-24",
        "close": 32.58374,
        "volume": 7959,
        "typical_volume": 27144.45,
        "trend": 30.459255,
        "fair_value": 28.225199,
        "relative_strength": -5.466396,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.587253,
        "energy": 73.064841,
        "activity_lines": [
          32.087289,
          31.804401,
          31.327689,
          30.900869
        ]
      },
      {
        "date": "2025-10-31",
        "close": 33.32239,
        "volume": 29440,
        "typical_volume": 28397.7,
        "trend": 30.564939,
        "fair_value": 28.26406,
        "relative_strength": -3.904486,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 91.279748,
        "energy": 83.744984,
        "activity_lines": [
          32.539609,
          32.126032,
          31.563383,
          31.085588
        ]
      },
      {
        "date": "2025-11-07",
        "close": 32.330333,
        "volume": 67717,
        "typical_volume": 31198.4,
        "trend": 30.635916,
        "fair_value": 28.294981,
        "relative_strength": -5.121315,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.379005,
        "energy": 71.22268,
        "activity_lines": [
          32.552406,
          32.2249,
          31.68412,
          31.199484
        ]
      },
      {
        "date": "2025-11-14",
        "close": 32.406622,
        "volume": 16179,
        "typical_volume": 28438.6,
        "trend": 30.709338,
        "fair_value": 28.326842,
        "relative_strength": -4.918593,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.30888,
        "energy": 60.136566,
        "activity_lines": [
          32.568614,
          32.312481,
          31.796553,
          31.313723
        ]
      },
      {
        "date": "2025-11-21",
        "close": 31.693203,
        "volume": 17725,
        "typical_volume": 28872.95,
        "trend": 30.757449,
        "fair_value": 28.353228,
        "relative_strength": -5.060677,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.078727,
        "energy": 47.390151,
        "activity_lines": [
          32.287468,
          32.241603,
          31.828884,
          31.377198
        ]
      },
      {
        "date": "2025-11-28",
        "close": 33.108167,
        "volume": 5042,
        "typical_volume": 27583.9,
        "trend": 30.867134,
        "fair_value": 28.388714,
        "relative_strength": -4.229337,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.375881,
        "energy": 47.135289,
        "activity_lines": [
          32.501105,
          32.420536,
          31.988677,
          31.528858
        ]
      },
      {
        "date": "2025-12-05",
        "close": 32.550691,
        "volume": 30323,
        "typical_volume": 28656.0,
        "trend": 30.967386,
        "fair_value": 28.425201,
        "relative_strength": -6.005395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.261357,
        "energy": 39.340461,
        "activity_lines": [
          32.493954,
          32.471791,
          32.080972,
          31.637474
        ]
      },
      {
        "date": "2025-12-12",
        "close": 32.227525,
        "volume": 107317,
        "typical_volume": 33903.65,
        "trend": 31.06458,
        "fair_value": 28.459981,
        "relative_strength": -6.245829,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.858846,
        "energy": 30.475052,
        "activity_lines": [
          32.430528,
          32.448637,
          32.132549,
          31.718773
        ]
      },
      {
        "date": "2025-12-19",
        "close": 32.389009,
        "volume": 51847,
        "typical_volume": 32507.65,
        "trend": 31.188055,
        "fair_value": 28.493322,
        "relative_strength": -5.750511,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.688538,
        "energy": 33.473399,
        "activity_lines": [
          32.427784,
          32.450708,
          32.193149,
          31.80422
        ]
      },
      {
        "date": "2025-12-26",
        "close": 32.482714,
        "volume": 43597,
        "typical_volume": 32251.65,
        "trend": 31.296823,
        "fair_value": 28.527612,
        "relative_strength": -6.655213,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.817041,
        "energy": 30.834164,
        "activity_lines": [
          32.457449,
          32.453896,
          32.252716,
          31.887747
        ]
      },
      {
        "date": "2026-01-02",
        "close": 32.437515,
        "volume": 32472,
        "typical_volume": 33689.3,
        "trend": 31.396675,
        "fair_value": 28.560697,
        "relative_strength": -5.665956,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.73927,
        "energy": 23.906403,
        "activity_lines": [
          32.419413,
          32.440819,
          32.299851,
          31.96134
        ]
      },
      {
        "date": "2026-01-09",
        "close": 33.249171,
        "volume": 27534,
        "typical_volume": 34408.15,
        "trend": 31.537558,
        "fair_value": 28.597156,
        "relative_strength": -4.689201,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 69.129257,
        "energy": 41.482825,
        "activity_lines": [
          32.69664,
          32.577974,
          32.416523,
          32.080856
        ]
      },
      {
        "date": "2026-01-16",
        "close": 33.152427,
        "volume": 18737,
        "typical_volume": 34517.45,
        "trend": 31.673955,
        "fair_value": 28.634579,
        "relative_strength": -4.474428,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.619617,
        "energy": 51.615572,
        "activity_lines": [
          32.895053,
          32.698871,
          32.513228,
          32.185041
        ]
      },
      {
        "date": "2026-01-23",
        "close": 33.337438,
        "volume": 23934,
        "typical_volume": 35457.45,
        "trend": 31.790076,
        "fair_value": 28.672346,
        "relative_strength": -3.456129,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.927074,
        "energy": 61.530218,
        "activity_lines": [
          33.093477,
          32.838459,
          32.617049,
          32.292362
        ]
      },
      {
        "date": "2026-01-30",
        "close": 32.962927,
        "volume": 88941,
        "typical_volume": 39666.8,
        "trend": 31.883478,
        "fair_value": 28.708853,
        "relative_strength": -4.726199,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.023618,
        "energy": 59.712689,
        "activity_lines": [
          33.103835,
          32.89303,
          32.673241,
          32.36803
        ]
      },
      {
        "date": "2026-02-06",
        "close": 33.099666,
        "volume": 69494,
        "typical_volume": 42734.95,
        "trend": 31.984034,
        "fair_value": 28.746677,
        "relative_strength": -3.967919,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.34576,
        "energy": 48.750466,
        "activity_lines": [
          33.127758,
          32.949377,
          32.734457,
          32.446494
        ]
      },
      {
        "date": "2026-02-13",
        "close": 32.696431,
        "volume": 5524,
        "typical_volume": 42655.0,
        "trend": 32.058472,
        "fair_value": 28.783643,
        "relative_strength": -3.7446,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.069865,
        "energy": 33.395182,
        "activity_lines": [
          32.973127,
          32.932563,
          32.750418,
          32.492455
        ]
      },
      {
        "date": "2026-02-20",
        "close": 33.096475,
        "volume": 2695,
        "typical_volume": 42199.55,
        "trend": 32.131931,
        "fair_value": 28.827867,
        "relative_strength": -3.51379,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.704405,
        "energy": 30.934375,
        "activity_lines": [
          32.988693,
          32.985834,
          32.799684,
          32.559423
        ]
      },
      {
        "date": "2026-02-27",
        "close": 33.182148,
        "volume": 10040,
        "typical_volume": 41971.05,
        "trend": 32.228074,
        "fair_value": 28.871432,
        "relative_strength": -2.642465,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.833737,
        "energy": 30.460582,
        "activity_lines": [
          33.036546,
          33.038883,
          32.851889,
          32.627179
        ]
      },
      {
        "date": "2026-03-06",
        "close": 32.494969,
        "volume": 17196,
        "typical_volume": 33685.65,
        "trend": 32.285365,
        "fair_value": 28.915105,
        "relative_strength": -2.557761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.501811,
        "energy": 14.787565,
        "activity_lines": [
          32.865693,
          32.95257,
          32.830701,
          32.644398
        ]
      },
      {
        "date": "2026-03-13",
        "close": 31.786984,
        "volume": 23259,
        "typical_volume": 34450.65,
        "trend": 32.318033,
        "fair_value": 28.95673,
        "relative_strength": -2.999427,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -8.912194,
        "energy": 13.519312,
        "activity_lines": [
          32.490041,
          32.73731,
          32.739921,
          32.612244
        ]
      },
      {
        "date": "2026-03-20",
        "close": 31.472656,
        "volume": 177089,
        "typical_volume": 41833.1,
        "trend": 32.334088,
        "fair_value": 28.995889,
        "relative_strength": -1.980495,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -36.0171,
        "energy": 41.030097,
        "activity_lines": [
          32.097126,
          32.476726,
          32.622999,
          32.557704
        ]
      },
      {
        "date": "2026-03-27",
        "close": 31.457988,
        "volume": 35884,
        "typical_volume": 40241.45,
        "trend": 32.351135,
        "fair_value": 29.032172,
        "relative_strength": 0.40898,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.385625,
        "energy": 55.871353,
        "activity_lines": [
          31.780907,
          32.245777,
          32.513488,
          32.501181
        ]
      },
      {
        "date": "2026-04-03",
        "close": 31.921695,
        "volume": 9564,
        "typical_volume": 39910.7,
        "trend": 32.38767,
        "fair_value": 29.071328,
        "relative_strength": -1.038394,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.622769,
        "energy": 58.953592,
        "activity_lines": [
          31.728489,
          32.129945,
          32.452293,
          32.473475
        ]
      },
      {
        "date": "2026-04-10",
        "close": 31.912415,
        "volume": 143720,
        "typical_volume": 46210.45,
        "trend": 32.408645,
        "fair_value": 29.110334,
        "relative_strength": -4.123792,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.568826,
        "energy": 59.090145,
        "activity_lines": [
          31.757008,
          32.038167,
          32.392524,
          32.442814
        ]
      },
      {
        "date": "2026-04-17",
        "close": 31.956621,
        "volume": 14844,
        "typical_volume": 46700.55,
        "trend": 32.418511,
        "fair_value": 29.149469,
        "relative_strength": -7.666357,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -57.37101,
        "energy": 49.043906,
        "activity_lines": [
          31.839099,
          31.973527,
          32.335922,
          32.413651
        ]
      },
      {
        "date": "2026-04-24",
        "close": 31.96161,
        "volume": 14649,
        "typical_volume": 45916.85,
        "trend": 32.42757,
        "fair_value": 29.188667,
        "relative_strength": -7.750418,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.075589,
        "energy": 34.056166,
        "activity_lines": [
          31.911544,
          31.930576,
          32.285277,
          32.384173
        ]
      },
      {
        "date": "2026-05-01",
        "close": 31.86362,
        "volume": 8265,
        "typical_volume": 40964.25,
        "trend": 32.423023,
        "fair_value": 29.229221,
        "relative_strength": -8.56348,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.612331,
        "energy": 30.487857,
        "activity_lines": [
          31.918729,
          31.88317,
          32.228106,
          32.347789
        ]
      },
      {
        "date": "2026-05-08",
        "close": 31.672429,
        "volume": 152055,
        "typical_volume": 45974.65,
        "trend": 32.428323,
        "fair_value": 29.269588,
        "relative_strength": -10.848167,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.502417,
        "energy": 36.907366,
        "activity_lines": [
          31.835141,
          31.823417,
          32.154459,
          32.299364
        ]
      },
      {
        "date": "2026-05-15",
        "close": 31.895152,
        "volume": 7080,
        "typical_volume": 44148.8,
        "trend": 32.423491,
        "fair_value": 29.316206,
        "relative_strength": -10.167553,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.885307,
        "energy": 35.377806,
        "activity_lines": [
          31.842412,
          31.831608,
          32.105436,
          32.264966
        ]
      },
      {
        "date": "2026-05-22",
        "close": 31.888067,
        "volume": 11483,
        "typical_volume": 43099.35,
        "trend": 32.400302,
        "fair_value": 29.362779,
        "relative_strength": -10.704605,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.379855,
        "energy": 37.362713,
        "activity_lines": [
          31.848472,
          31.849417,
          32.058536,
          32.230422
        ]
      },
      {
        "date": "2026-05-29",
        "close": 31.626427,
        "volume": 70897,
        "typical_volume": 45267.5,
        "trend": 32.34377,
        "fair_value": 29.40224,
        "relative_strength": -12.413106,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.19731,
        "energy": 44.868354,
        "activity_lines": [
          31.771889,
          31.817818,
          31.989334,
          32.180495
        ]
      },
      {
        "date": "2026-06-05",
        "close": 31.5783,
        "volume": 11409,
        "typical_volume": 44901.1,
        "trend": 32.318702,
        "fair_value": 29.441454,
        "relative_strength": -10.052155,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.948712,
        "energy": 42.273308,
        "activity_lines": [
          31.701609,
          31.774672,
          31.923276,
          32.13111
        ]
      },
      {
        "date": "2026-06-12",
        "close": 32.1375,
        "volume": 11146,
        "typical_volume": 44261.7,
        "trend": 32.309731,
        "fair_value": 29.481077,
        "relative_strength": -8.762193,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.567986,
        "energy": 27.279323,
        "activity_lines": [
          31.836751,
          31.831011,
          31.917971,
          32.119419
        ]
      },
      {
        "date": "2026-06-19",
        "close": 31.65,
        "volume": 20643,
        "typical_volume": 40846.8,
        "trend": 32.308291,
        "fair_value": 29.519346,
        "relative_strength": -10.719085,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.860432,
        "energy": 37.639879,
        "activity_lines": [
          31.778388,
          31.79479,
          31.871952,
          32.076856
        ]
      },
      {
        "date": "2026-06-26",
        "close": 33.0306,
        "volume": 16298,
        "typical_volume": 38187.0,
        "trend": 32.305706,
        "fair_value": 29.563151,
        "relative_strength": -4.409636,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 15.155423,
        "energy": 19.19878,
        "activity_lines": [
          32.196568,
          32.014359,
          31.96367,
          32.123457
        ]
      },
      {
        "date": "2026-07-03",
        "close": 32.7019,
        "volume": 18069,
        "typical_volume": 38814.25,
        "trend": 32.310746,
        "fair_value": 29.60679,
        "relative_strength": -7.184462,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 30.191983,
        "energy": 36.292061,
        "activity_lines": [
          32.429013,
          32.154637,
          32.024413,
          32.149018
        ]
      },
      {
        "date": "2026-07-10",
        "close": 32.8116,
        "volume": 20114,
        "typical_volume": 39685.2,
        "trend": 32.330215,
        "fair_value": 29.645527,
        "relative_strength": -7.928866,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.087502,
        "energy": 53.094404,
        "activity_lines": [
          32.626327,
          32.301401,
          32.095577,
          32.181331
        ]
      },
      {
        "date": "2026-07-17",
        "close": 32.4289,
        "volume": 2849,
        "typical_volume": 39325.65,
        "trend": 32.331545,
        "fair_value": 29.682303,
        "relative_strength": -7.369659,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 23.229879,
        "energy": 42.335895,
        "activity_lines": [
          32.613853,
          32.361347,
          32.13165,
          32.187698
        ]
      },
      {
        "date": "2026-07-24",
        "close": 32.4784,
        "volume": 6702,
        "typical_volume": 38800.95,
        "trend": 32.331401,
        "fair_value": 29.718226,
        "relative_strength": -6.48721,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.481976,
        "energy": 37.314348,
        "activity_lines": [
          32.598453,
          32.416539,
          32.176024,
          32.197172
        ]
      },
      {
        "date": "2026-07-31",
        "close": 32.1284,
        "volume": 2869,
        "typical_volume": 37781.45,
        "trend": 32.321097,
        "fair_value": 29.754762,
        "relative_strength": -8.262902,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.408748,
        "energy": 15.521425,
        "activity_lines": [
          32.41116,
          32.39749,
          32.187144,
          32.184075
        ]
      },
      {
        "date": "2026-08-07",
        "close": 32.928,
        "volume": 3397,
        "typical_volume": 29096.85,
        "trend": 32.310392,
        "fair_value": 29.798114,
        "relative_strength": -8.935562,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 35.950778,
        "energy": 22.069867,
        "activity_lines": [
          32.550547,
          32.519453,
          32.27279,
          32.22323
        ]
      }
    ],
    "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."
    }
  }
}