{
  "ticker": {
    "uuid": "30ecdd04-2e86-4adb-a0a1-33b8e4cbd6e0",
    "symbol": "JHAC",
    "name": "JOHN HANCOCK EXCHANGE TRADED FD TR FUNDAMENTAL ALL CAP CORE ETF",
    "exchange": "NYSEARCA",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 73.61,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Early expansion",
    "architecture_gate": "up",
    "architecture_direction": 89.09,
    "architecture_energy": 85.813,
    "architecture_maturity": 11.815,
    "architecture_confidence": 57.597,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 20.34,
        "rotation_up": 80.97,
        "upward_expansion": 94.39,
        "deceleration": 41.92,
        "rotation_down": 9.88,
        "downward_expansion": 18.72
      },
      "activity_lines": [
        15.379047,
        15.1694,
        15.035493,
        14.859792
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.833333
    },
    "latest_close": 15.81,
    "trend_reference": 14.738643,
    "distance_from_trend": 0.07269,
    "trend_direction": "Weakening",
    "fair_value": 13.943085,
    "distance_from_fair_value": 0.133895,
    "fair_value_direction": "Improving",
    "relative_strength": -6.028691,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.081418,
    "excess_performance": -0.044207,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.07269,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.006938,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.133895,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.040404,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.060287,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.031279,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.081418,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.250844,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 1528,
      "relative_activity": 0.716093,
      "balance": 0.250844,
      "dry_up": 0.392024,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.019965,
      "annualized_volatility": 0.153137,
      "from_high_reference": 0.0,
      "from_low_reference": 0.192308
    },
    "levels": {
      "trend_reference": 14.738643,
      "fair_value_reference": 13.943085,
      "structural_low": 13.26,
      "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": 6,
        "median_return": 0.006665,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.013455,
        "regime_survival": 0.666667,
        "best_return": 0.044621,
        "worst_return": -0.061902,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.001353,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.042765,
        "regime_survival": 0.5,
        "best_return": 0.042149,
        "worst_return": -0.039444,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.001043,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.089,
        "regime_survival": 0.0,
        "best_return": 0.001043,
        "worst_return": 0.001043,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.082545,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.144434,
        "regime_survival": 1.0,
        "best_return": 0.082545,
        "worst_return": 0.082545,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-09",
        "end": "2025-05-30",
        "tenure": "New",
        "return": 0.042224,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-06",
        "end": "2025-06-20",
        "tenure": "New",
        "return": -0.003022,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-27",
        "end": "2025-08-01",
        "tenure": "Developing",
        "return": -0.009259,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-08",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": 0.028029,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2025-12-05",
        "tenure": "New",
        "return": 0.002073,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-12",
        "end": "2026-01-16",
        "tenure": "Developing",
        "return": -0.007754,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-23",
        "end": "2026-02-06",
        "tenure": "New",
        "return": -0.04174,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-02-13",
        "end": "2026-02-27",
        "tenure": "New",
        "return": -0.000117,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-03-06",
        "end": "2026-05-01",
        "tenure": "Developing",
        "return": 0.059894,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-08",
        "end": "2026-06-12",
        "tenure": "Developing",
        "return": -0.023133,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-19",
        "end": "2026-07-17",
        "tenure": "Developing",
        "return": 0.028672,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.065464,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-11-03",
        "close": 10.378871,
        "volume": 217,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 10.519688,
        "volume": 189442,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 10.848459,
        "volume": 14933,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 10.896779,
        "volume": 6157,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 11.231861,
        "volume": 2288,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 11.271306,
        "volume": 163,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 11.695631,
        "volume": 5725,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 11.779155,
        "volume": 1422,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 11.80818,
        "volume": 823,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 11.498496,
        "volume": 113,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 11.710582,
        "volume": 6936,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 11.792671,
        "volume": 8961,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 11.98668,
        "volume": 5642,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 12.090698,
        "volume": 15581,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 12.262481,
        "volume": 2402,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 12.167057,
        "volume": 1714,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 12.375785,
        "volume": 5969,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 12.482766,
        "volume": 5641,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 12.462022,
        "volume": 2659,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 12.420731,
        "volume": 8177,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 12.736934,
        "volume": 4020,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 12.841742,
        "volume": 7557,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 12.674207,
        "volume": 8398,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 12.432585,
        "volume": 1026,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 12.030045,
        "volume": 1258,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 12.502226,
        "volume": 3633,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 12.619481,
        "volume": 2568,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 12.905457,
        "volume": 1046,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 13.153402,
        "volume": 1873,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 13.076252,
        "volume": 5262,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 12.984187,
        "volume": 3773,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 13.122186,
        "volume": 4263,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 13.14708,
        "volume": 12926,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 13.266508,
        "volume": 2164,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 13.345534,
        "volume": 21079,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 13.444316,
        "volume": 6705,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 13.798057,
        "volume": 10363,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 13.635955,
        "volume": 2926,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 13.725847,
        "volume": 2262,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 13.167626,
        "volume": 41613,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 13.148956,
        "volume": 20188,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 13.661638,
        "volume": 8478,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 13.983867,
        "volume": 5908,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 13.981101,
        "volume": 6354,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 13.323308,
        "volume": 582,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 13.802799,
        "volume": 5769,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 14.091441,
        "volume": 6811,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 14.237837,
        "volume": 3904,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 14.174419,
        "volume": 6744,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 14.330891,
        "volume": 9648,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 14.530432,
        "volume": 3313,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 14.252358,
        "volume": 3376,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 14.256804,
        "volume": 680,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 15.064648,
        "volume": 6985,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 14.832904,
        "volume": 2289,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 15.042521,
        "volume": 1988,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 15.12856,
        "volume": 1376,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 15.281575,
        "volume": 1737,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 15.113743,
        "volume": 2360,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 14.680087,
        "volume": 3954,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 14.770019,
        "volume": 1030,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 14.732136,
        "volume": 1000,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 14.278043,
        "volume": 7753,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 14.844989,
        "volume": 1135,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 15.038975,
        "volume": 366,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 14.974048,
        "volume": 12981,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 14.64096,
        "volume": 7433,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 14.755204,
        "volume": 1932,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 14.399148,
        "volume": 11398,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 14.245629,
        "volume": 3776,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 13.790044,
        "volume": 17239,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 13.38835,
        "volume": 1414,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 13.458348,
        "volume": 2650,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 13.194363,
        "volume": 2730,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 11.870264,
        "volume": 13489,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 12.322667,
        "volume": 12176,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 12.20196,
        "volume": 2188,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 12.821404,
        "volume": 13149,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 13.065006,
        "volume": 11284,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 13.187006,
        "volume": 5335,
        "typical_volume": 6522.9,
        "trend": 14.13874,
        "fair_value": 13.21485,
        "relative_strength": -5.13627,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.557386,
        "energy": 40.758702,
        "activity_lines": [
          12.89239,
          12.808121,
          13.340501,
          13.726348
        ]
      },
      {
        "date": "2025-05-16",
        "close": 13.905979,
        "volume": 19752,
        "typical_volume": 7459.0,
        "trend": 14.117925,
        "fair_value": 13.223382,
        "relative_strength": -4.860788,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.677235,
        "energy": 25.317206,
        "activity_lines": [
          13.287847,
          12.985582,
          13.350697,
          13.711331
        ]
      },
      {
        "date": "2025-05-23",
        "close": 13.427525,
        "volume": 4746,
        "typical_volume": 7646.3,
        "trend": 14.09043,
        "fair_value": 13.225872,
        "relative_strength": -5.605713,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.776152,
        "energy": 27.785758,
        "activity_lines": [
          13.418265,
          13.073944,
          13.319439,
          13.666789
        ]
      },
      {
        "date": "2025-05-30",
        "close": 13.743809,
        "volume": 2312,
        "typical_volume": 7374.25,
        "trend": 14.07333,
        "fair_value": 13.232112,
        "relative_strength": -4.947306,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -17.190385,
        "energy": 24.120991,
        "activity_lines": [
          13.572407,
          13.2191,
          13.324517,
          13.644426
        ]
      },
      {
        "date": "2025-06-06",
        "close": 14.014555,
        "volume": 6451,
        "typical_volume": 7640.05,
        "trend": 14.038327,
        "fair_value": 13.241427,
        "relative_strength": -4.540336,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 5.400385,
        "energy": 22.491184,
        "activity_lines": [
          13.755303,
          13.408292,
          13.357924,
          13.640635
        ]
      },
      {
        "date": "2025-06-13",
        "close": 13.944458,
        "volume": 1195,
        "typical_volume": 7681.5,
        "trend": 14.008712,
        "fair_value": 13.249698,
        "relative_strength": -4.589594,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 3.343007,
        "energy": 21.31907,
        "activity_lines": [
          13.851531,
          13.569826,
          13.388609,
          13.634578
        ]
      },
      {
        "date": "2025-06-20",
        "close": 13.972198,
        "volume": 2227,
        "typical_volume": 7143.8,
        "trend": 13.973035,
        "fair_value": 13.258099,
        "relative_strength": -4.159246,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 5.690188,
        "energy": 23.144977,
        "activity_lines": [
          13.906509,
          13.698692,
          13.427148,
          13.632223
        ]
      },
      {
        "date": "2025-06-27",
        "close": 14.507824,
        "volume": 5068,
        "typical_volume": 7025.55,
        "trend": 13.952344,
        "fair_value": 13.272464,
        "relative_strength": -3.730768,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 39.024099,
        "energy": 53.018739,
        "activity_lines": [
          14.135614,
          13.894953,
          13.52147,
          13.666725
        ]
      },
      {
        "date": "2025-07-04",
        "close": 14.808796,
        "volume": 27581,
        "typical_volume": 8308.0,
        "trend": 13.936585,
        "fair_value": 13.289922,
        "relative_strength": -3.307367,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.913386,
        "energy": 68.935337,
        "activity_lines": [
          14.393023,
          14.104011,
          13.64509,
          13.72198
        ]
      },
      {
        "date": "2025-07-11",
        "close": 14.75063,
        "volume": 13550,
        "typical_volume": 8415.6,
        "trend": 13.924481,
        "fair_value": 13.306334,
        "relative_strength": -3.323385,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 42.731469,
        "energy": 73.624982,
        "activity_lines": [
          14.560044,
          14.266359,
          13.762915,
          13.774499
        ]
      },
      {
        "date": "2025-07-18",
        "close": 14.708472,
        "volume": 10826,
        "typical_volume": 8768.1,
        "trend": 13.925427,
        "fair_value": 13.321914,
        "relative_strength": -4.079044,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.972632,
        "energy": 75.247479,
        "activity_lines": [
          14.663941,
          14.390394,
          13.875051,
          13.825079
        ]
      },
      {
        "date": "2025-07-25",
        "close": 14.985084,
        "volume": 47870,
        "typical_volume": 10299.65,
        "trend": 13.932596,
        "fair_value": 13.34019,
        "relative_strength": -3.58337,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.802099,
        "energy": 81.57149,
        "activity_lines": [
          14.809108,
          14.53706,
          14.011328,
          13.893444
        ]
      },
      {
        "date": "2025-08-01",
        "close": 14.373495,
        "volume": 1651,
        "typical_volume": 10311.5,
        "trend": 13.920641,
        "fair_value": 13.351422,
        "relative_strength": -5.088681,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 65.723876,
        "energy": 74.889574,
        "activity_lines": [
          14.682886,
          14.552907,
          14.083667,
          13.921889
        ]
      },
      {
        "date": "2025-08-08",
        "close": 14.604469,
        "volume": 2050,
        "typical_volume": 10281.5,
        "trend": 13.931522,
        "fair_value": 13.364895,
        "relative_strength": -5.750363,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.767591,
        "energy": 54.623415,
        "activity_lines": [
          14.64261,
          14.59355,
          14.173312,
          13.966007
        ]
      },
      {
        "date": "2025-08-15",
        "close": 14.959332,
        "volume": 4438,
        "typical_volume": 10366.9,
        "trend": 13.935333,
        "fair_value": 13.381857,
        "relative_strength": -4.270544,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.111291,
        "energy": 61.434442,
        "activity_lines": [
          14.734244,
          14.683065,
          14.291296,
          14.032318
        ]
      },
      {
        "date": "2025-08-22",
        "close": 15.175293,
        "volume": 6023,
        "typical_volume": 9993.6,
        "trend": 13.939877,
        "fair_value": 13.400736,
        "relative_strength": -3.041789,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.039279,
        "energy": 65.336729,
        "activity_lines": [
          14.883952,
          14.794668,
          14.421443,
          14.112315
        ]
      },
      {
        "date": "2025-08-29",
        "close": 15.208303,
        "volume": 2680,
        "typical_volume": 9518.8,
        "trend": 13.947686,
        "fair_value": 13.419565,
        "relative_strength": -2.673301,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.620638,
        "energy": 84.983081,
        "activity_lines": [
          15.013541,
          14.889894,
          14.538996,
          14.194149
        ]
      },
      {
        "date": "2025-09-05",
        "close": 15.256129,
        "volume": 2496,
        "typical_volume": 9534.2,
        "trend": 13.968191,
        "fair_value": 13.438498,
        "relative_strength": -2.589971,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.194338,
        "energy": 87.878756,
        "activity_lines": [
          15.144191,
          14.971341,
          14.647363,
          14.278565
        ]
      },
      {
        "date": "2025-09-12",
        "close": 15.324735,
        "volume": 20639,
        "typical_volume": 9908.7,
        "trend": 13.987176,
        "fair_value": 13.457746,
        "relative_strength": -3.546487,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.54392,
        "energy": 86.495704,
        "activity_lines": [
          15.238868,
          15.051657,
          14.74772,
          14.366084
        ]
      },
      {
        "date": "2025-09-19",
        "close": 15.411537,
        "volume": 12463,
        "typical_volume": 9967.65,
        "trend": 14.020922,
        "fair_value": 13.477481,
        "relative_strength": -4.040823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.226485,
        "energy": 80.562204,
        "activity_lines": [
          15.314461,
          15.138374,
          14.844423,
          14.457978
        ]
      },
      {
        "date": "2025-09-26",
        "close": 15.219638,
        "volume": 11776,
        "typical_volume": 10289.7,
        "trend": 14.053389,
        "fair_value": 13.494902,
        "relative_strength": -4.798563,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.423642,
        "energy": 64.403997,
        "activity_lines": [
          15.29594,
          15.178183,
          14.911676,
          14.535314
        ]
      },
      {
        "date": "2025-10-03",
        "close": 15.418198,
        "volume": 987,
        "typical_volume": 9351.45,
        "trend": 14.107661,
        "fair_value": 13.513945,
        "relative_strength": -4.469579,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.194655,
        "energy": 65.764014,
        "activity_lines": [
          15.34065,
          15.244801,
          14.98816,
          14.623367
        ]
      },
      {
        "date": "2025-10-10",
        "close": 14.944517,
        "volume": 6512,
        "typical_volume": 9439.75,
        "trend": 14.159533,
        "fair_value": 13.52797,
        "relative_strength": -4.946573,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.82624,
        "energy": 47.05727,
        "activity_lines": [
          15.213473,
          15.21742,
          15.012331,
          14.677357
        ]
      },
      {
        "date": "2025-10-17",
        "close": 15.181557,
        "volume": 5425,
        "typical_volume": 9595.4,
        "trend": 14.216973,
        "fair_value": 13.544024,
        "relative_strength": -4.916229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.333226,
        "energy": 39.060796,
        "activity_lines": [
          15.186084,
          15.222755,
          15.051853,
          14.743294
        ]
      },
      {
        "date": "2025-10-24",
        "close": 15.534431,
        "volume": 3287,
        "typical_volume": 9437.2,
        "trend": 14.294976,
        "fair_value": 13.563163,
        "relative_strength": -4.402579,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.997902,
        "energy": 50.535139,
        "activity_lines": [
          15.285865,
          15.281756,
          15.118136,
          14.828292
        ]
      },
      {
        "date": "2025-10-31",
        "close": 15.550738,
        "volume": 28857,
        "typical_volume": 10820.3,
        "trend": 14.417658,
        "fair_value": 13.582092,
        "relative_strength": -4.788691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.213106,
        "energy": 52.144643,
        "activity_lines": [
          15.382888,
          15.333266,
          15.178734,
          14.909308
        ]
      },
      {
        "date": "2025-11-07",
        "close": 15.220036,
        "volume": 12944,
        "typical_volume": 11356.15,
        "trend": 14.514237,
        "fair_value": 13.597544,
        "relative_strength": -5.059372,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.919122,
        "energy": 45.797363,
        "activity_lines": [
          15.347604,
          15.317822,
          15.200188,
          14.961075
        ]
      },
      {
        "date": "2025-11-14",
        "close": 15.206911,
        "volume": 31,
        "typical_volume": 11104.3,
        "trend": 14.614402,
        "fair_value": 13.612585,
        "relative_strength": -5.047656,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.204335,
        "energy": 42.696547,
        "activity_lines": [
          15.321155,
          15.299778,
          15.21445,
          15.005763
        ]
      },
      {
        "date": "2025-11-21",
        "close": 15.013819,
        "volume": 16923,
        "typical_volume": 10571.4,
        "trend": 14.687483,
        "fair_value": 13.62556,
        "relative_strength": -4.203123,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.156493,
        "energy": 22.935287,
        "activity_lines": [
          15.21285,
          15.247522,
          15.206994,
          15.031532
        ]
      },
      {
        "date": "2025-11-28",
        "close": 15.49108,
        "volume": 79,
        "typical_volume": 9897.85,
        "trend": 14.768352,
        "fair_value": 13.642675,
        "relative_strength": -4.469284,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.252794,
        "energy": 24.926904,
        "activity_lines": [
          15.274815,
          15.287693,
          15.244014,
          15.083377
        ]
      },
      {
        "date": "2025-12-05",
        "close": 15.523196,
        "volume": 911,
        "typical_volume": 9402.1,
        "trend": 14.846225,
        "fair_value": 13.65977,
        "relative_strength": -4.37474,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.758258,
        "energy": 33.396214,
        "activity_lines": [
          15.350374,
          15.332257,
          15.280567,
          15.132077
        ]
      },
      {
        "date": "2025-12-12",
        "close": 15.510966,
        "volume": 1015,
        "typical_volume": 7059.35,
        "trend": 14.899724,
        "fair_value": 13.676448,
        "relative_strength": -3.698588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.624201,
        "energy": 36.886082,
        "activity_lines": [
          15.423694,
          15.369079,
          15.312076,
          15.174963
        ]
      },
      {
        "date": "2025-12-19",
        "close": 15.327221,
        "volume": 22047,
        "typical_volume": 8079.15,
        "trend": 14.963048,
        "fair_value": 13.691187,
        "relative_strength": -4.752924,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.62668,
        "energy": 36.913919,
        "activity_lines": [
          15.416369,
          15.370805,
          15.323581,
          15.202544
        ]
      },
      {
        "date": "2025-12-26",
        "close": 15.494063,
        "volume": 1425,
        "typical_volume": 8047.9,
        "trend": 15.021389,
        "fair_value": 13.707141,
        "relative_strength": -4.865369,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.008535,
        "energy": 42.528456,
        "activity_lines": [
          15.456638,
          15.395908,
          15.346434,
          15.236803
        ]
      },
      {
        "date": "2026-01-02",
        "close": 15.0966,
        "volume": 306,
        "typical_volume": 7841.3,
        "trend": 15.057458,
        "fair_value": 13.71933,
        "relative_strength": -6.101235,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 25.176162,
        "energy": 15.053421,
        "activity_lines": [
          15.332403,
          15.343063,
          15.327197,
          15.241655
        ]
      },
      {
        "date": "2026-01-09",
        "close": 15.5844,
        "volume": 33,
        "typical_volume": 7541.8,
        "trend": 15.112122,
        "fair_value": 13.735548,
        "relative_strength": -4.399563,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.037377,
        "energy": 27.180902,
        "activity_lines": [
          15.397066,
          15.38687,
          15.353764,
          15.275651
        ]
      },
      {
        "date": "2026-01-16",
        "close": 15.3907,
        "volume": 2174,
        "typical_volume": 7516.5,
        "trend": 15.159406,
        "fair_value": 13.749816,
        "relative_strength": -5.034817,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.029829,
        "energy": 18.306493,
        "activity_lines": [
          15.393083,
          15.394847,
          15.359935,
          15.293624
        ]
      },
      {
        "date": "2026-01-23",
        "close": 15.2565,
        "volume": 38,
        "typical_volume": 7393.6,
        "trend": 15.184362,
        "fair_value": 13.762694,
        "relative_strength": -5.306338,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.142809,
        "energy": 12.320125,
        "activity_lines": [
          15.352384,
          15.37532,
          15.352456,
          15.299888
        ]
      },
      {
        "date": "2026-01-30",
        "close": 14.9082,
        "volume": 9076,
        "typical_volume": 6815.45,
        "trend": 15.187675,
        "fair_value": 13.772401,
        "relative_strength": -7.558649,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -6.917105,
        "energy": 10.844752,
        "activity_lines": [
          15.2003,
          15.291565,
          15.311805,
          15.282071
        ]
      },
      {
        "date": "2026-02-06",
        "close": 14.6197,
        "volume": 21834,
        "typical_volume": 7284.0,
        "trend": 15.183311,
        "fair_value": 13.779522,
        "relative_strength": -8.908276,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -41.865257,
        "energy": 51.467242,
        "activity_lines": [
          14.991107,
          15.157275,
          15.245661,
          15.245428
        ]
      },
      {
        "date": "2026-02-13",
        "close": 14.4819,
        "volume": 9638,
        "typical_volume": 7177.1,
        "trend": 15.175758,
        "fair_value": 13.785375,
        "relative_strength": -8.347005,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -52.660608,
        "energy": 70.250575,
        "activity_lines": [
          14.767773,
          15.013774,
          15.170163,
          15.200176
        ]
      },
      {
        "date": "2026-02-20",
        "close": 14.6382,
        "volume": 7639,
        "typical_volume": 7509.7,
        "trend": 15.164195,
        "fair_value": 13.792423,
        "relative_strength": -8.157412,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.293705,
        "energy": 70.547542,
        "activity_lines": [
          14.67004,
          14.917624,
          15.113064,
          15.165494
        ]
      },
      {
        "date": "2026-02-27",
        "close": 14.4802,
        "volume": 685,
        "typical_volume": 7218.35,
        "trend": 15.167752,
        "fair_value": 13.79806,
        "relative_strength": -8.453452,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -75.138291,
        "energy": 85.250573,
        "activity_lines": [
          14.569807,
          14.808616,
          15.044632,
          15.121366
        ]
      },
      {
        "date": "2026-03-06",
        "close": 14.2184,
        "volume": 222,
        "typical_volume": 6958.2,
        "trend": 15.154883,
        "fair_value": 13.801478,
        "relative_strength": -8.052993,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.380724,
        "energy": 89.167903,
        "activity_lines": [
          14.43406,
          14.667407,
          14.953478,
          15.060117
        ]
      },
      {
        "date": "2026-03-13",
        "close": 13.7596,
        "volume": 330,
        "typical_volume": 6810.35,
        "trend": 15.114892,
        "fair_value": 13.80114,
        "relative_strength": -9.415043,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -92.138,
        "energy": 94.656928,
        "activity_lines": [
          14.191367,
          14.465975,
          14.823215,
          14.970099
        ]
      },
      {
        "date": "2026-03-20",
        "close": 13.6894,
        "volume": 599,
        "typical_volume": 5397.45,
        "trend": 15.065362,
        "fair_value": 13.800246,
        "relative_strength": -7.991902,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.346107,
        "energy": 93.920453,
        "activity_lines": [
          13.982613,
          14.276087,
          14.694717,
          14.878132
        ]
      },
      {
        "date": "2026-03-27",
        "close": 13.315,
        "volume": 897,
        "typical_volume": 4795.1,
        "trend": 15.002252,
        "fair_value": 13.796395,
        "relative_strength": -8.232408,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.303472,
        "energy": 95.416586,
        "activity_lines": [
          13.701893,
          14.052582,
          14.539427,
          14.765205
        ]
      },
      {
        "date": "2026-04-03",
        "close": 13.7895,
        "volume": 10933,
        "typical_volume": 5340.2,
        "trend": 14.953365,
        "fair_value": 13.796341,
        "relative_strength": -7.900763,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.999363,
        "energy": 85.96344,
        "activity_lines": [
          13.667553,
          13.953089,
          14.438398,
          14.686963
        ]
      },
      {
        "date": "2026-04-10",
        "close": 14.1982,
        "volume": 1448,
        "typical_volume": 4566.45,
        "trend": 14.915814,
        "fair_value": 13.79948,
        "relative_strength": -8.279932,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.409838,
        "energy": 63.949523,
        "activity_lines": [
          13.815493,
          13.954578,
          14.383042,
          14.638243
        ]
      },
      {
        "date": "2026-04-17",
        "close": 14.9,
        "volume": 481,
        "typical_volume": 4586.55,
        "trend": 14.898762,
        "fair_value": 13.808011,
        "relative_strength": -7.712824,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -31.185786,
        "energy": 31.209513,
        "activity_lines": [
          14.198713,
          14.096576,
          14.398409,
          14.637222
        ]
      },
      {
        "date": "2026-04-24",
        "close": 14.9736,
        "volume": 2442,
        "typical_volume": 4663.1,
        "trend": 14.890561,
        "fair_value": 13.816977,
        "relative_strength": -7.548959,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -9.155572,
        "energy": 25.225507,
        "activity_lines": [
          14.53044,
          14.24686,
          14.4236,
          14.642051
        ]
      },
      {
        "date": "2026-05-01",
        "close": 15.07,
        "volume": 113,
        "typical_volume": 4618.0,
        "trend": 14.878954,
        "fair_value": 13.826543,
        "relative_strength": -7.631814,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 3.271031,
        "energy": 31.667214,
        "activity_lines": [
          14.808687,
          14.405731,
          14.460588,
          14.653627
        ]
      },
      {
        "date": "2026-05-08",
        "close": 15.13,
        "volume": 53,
        "typical_volume": 3518.3,
        "trend": 14.885137,
        "fair_value": 13.836417,
        "relative_strength": -9.156573,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 33.833977,
        "energy": 46.778938,
        "activity_lines": [
          14.989933,
          14.56766,
          14.505391,
          14.669824
        ]
      },
      {
        "date": "2026-05-15",
        "close": 14.8108,
        "volume": 335,
        "typical_volume": 3463.8,
        "trend": 14.872779,
        "fair_value": 13.843743,
        "relative_strength": -10.984058,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.9017,
        "energy": 41.131457,
        "activity_lines": [
          14.975413,
          14.659738,
          14.520733,
          14.665028
        ]
      },
      {
        "date": "2026-05-22",
        "close": 14.9304,
        "volume": 430,
        "typical_volume": 3470.0,
        "trend": 14.852644,
        "fair_value": 13.851853,
        "relative_strength": -10.782521,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.436765,
        "energy": 44.767261,
        "activity_lines": [
          14.95992,
          14.762791,
          14.55072,
          14.668745
        ]
      },
      {
        "date": "2026-05-29",
        "close": 15.22,
        "volume": 324,
        "typical_volume": 3484.55,
        "trend": 14.84162,
        "fair_value": 13.861987,
        "relative_strength": -10.088165,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.539163,
        "energy": 46.954698,
        "activity_lines": [
          15.038933,
          14.897211,
          14.609078,
          14.692446
        ]
      },
      {
        "date": "2026-06-05",
        "close": 14.9797,
        "volume": 16822,
        "typical_volume": 4216.95,
        "trend": 14.833609,
        "fair_value": 13.870206,
        "relative_strength": -8.974473,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 21.065105,
        "energy": 28.353657,
        "activity_lines": [
          15.02142,
          14.960111,
          14.646286,
          14.701354
        ]
      },
      {
        "date": "2026-06-12",
        "close": 14.78,
        "volume": 21,
        "typical_volume": 4216.1,
        "trend": 14.819378,
        "fair_value": 13.876847,
        "relative_strength": -10.410841,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 9.029428,
        "energy": 20.21299,
        "activity_lines": [
          14.94336,
          14.956435,
          14.666432,
          14.697896
        ]
      },
      {
        "date": "2026-06-19",
        "close": 14.725,
        "volume": 411,
        "typical_volume": 3782.85,
        "trend": 14.809751,
        "fair_value": 13.882993,
        "relative_strength": -11.255969,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 4.155673,
        "energy": 12.898722,
        "activity_lines": [
          14.8703,
          14.924749,
          14.68361,
          14.691807
        ]
      },
      {
        "date": "2026-06-26",
        "close": 14.5549,
        "volume": 1701,
        "typical_volume": 2776.2,
        "trend": 14.778545,
        "fair_value": 13.887826,
        "relative_strength": -9.841872,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -5.788041,
        "energy": 13.530699,
        "activity_lines": [
          14.74626,
          14.852558,
          14.685459,
          14.675365
        ]
      },
      {
        "date": "2026-07-03",
        "close": 14.9463,
        "volume": 2833,
        "typical_volume": 2435.95,
        "trend": 14.759315,
        "fair_value": 13.895387,
        "relative_strength": -9.074282,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 11.169997,
        "energy": 15.725813,
        "activity_lines": [
          14.77772,
          14.857805,
          14.724893,
          14.686188
        ]
      },
      {
        "date": "2026-07-10",
        "close": 15.1879,
        "volume": 86,
        "typical_volume": 2058.3,
        "trend": 14.748546,
        "fair_value": 13.904554,
        "relative_strength": -8.54662,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 39.38973,
        "energy": 21.119484,
        "activity_lines": [
          14.90796,
          14.907476,
          14.785126,
          14.713838
        ]
      },
      {
        "date": "2026-07-17",
        "close": 15.1472,
        "volume": 171,
        "typical_volume": 2032.6,
        "trend": 14.742545,
        "fair_value": 13.913305,
        "relative_strength": -7.091473,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 39.977982,
        "energy": 47.75909,
        "activity_lines": [
          15.010753,
          14.947604,
          14.838864,
          14.739558
        ]
      },
      {
        "date": "2026-07-24",
        "close": 14.8386,
        "volume": 1572,
        "typical_volume": 2100.1,
        "trend": 14.720697,
        "fair_value": 13.919775,
        "relative_strength": -8.149378,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 54.743764,
        "energy": 54.994034,
        "activity_lines": [
          14.9862,
          14.931309,
          14.860036,
          14.745755
        ]
      },
      {
        "date": "2026-07-31",
        "close": 15.4094,
        "volume": 75,
        "typical_volume": 2087.35,
        "trend": 14.731123,
        "fair_value": 13.93012,
        "relative_strength": -5.42186,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.945131,
        "energy": 73.569895,
        "activity_lines": [
          15.14434,
          15.018291,
          14.932617,
          14.790187
        ]
      },
      {
        "date": "2026-08-07",
        "close": 15.81,
        "volume": 1528,
        "typical_volume": 2133.8,
        "trend": 14.738643,
        "fair_value": 13.943085,
        "relative_strength": -6.028691,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.090461,
        "energy": 85.812886,
        "activity_lines": [
          15.379047,
          15.1694,
          15.035493,
          14.859792
        ]
      }
    ],
    "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."
    }
  }
}