{
  "ticker": {
    "uuid": "3c31a6d0-30c7-45da-8d85-a4d7eb79d6b0",
    "symbol": "DRW3",
    "name": "Dr\u00e4gerwerk AG & Co. KGaA",
    "exchange": "VIE",
    "country": "AT",
    "assetType": "equity"
  },
  "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": "^ATX",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 87.317,
    "architecture_energy": 91.457,
    "architecture_maturity": 20.781,
    "architecture_confidence": 77.738,
    "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": 14.61,
        "rotation_up": 82.59,
        "upward_expansion": 93.63,
        "deceleration": 44.68,
        "rotation_down": 10.69,
        "downward_expansion": 22.63
      },
      "activity_lines": [
        102.339999,
        95.490909,
        92.068796,
        90.639802
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.5
    },
    "latest_close": 109.800003,
    "trend_reference": 88.924057,
    "distance_from_trend": 0.234762,
    "trend_direction": "Improving",
    "fair_value": 59.13015,
    "distance_from_fair_value": 0.856921,
    "fair_value_direction": "Improving",
    "relative_strength": 13.58831,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.300593,
    "excess_performance": 0.126347,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.234762,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.102094,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.856921,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.255273,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.135883,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.113354,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.300593,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.063063,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 0,
      "relative_activity": 0.0,
      "balance": 5.063063,
      "dry_up": 3.508115,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.056186,
      "annualized_volatility": 0.368756,
      "from_high_reference": -0.033451,
      "from_low_reference": 0.796354
    },
    "levels": {
      "trend_reference": 88.924057,
      "fair_value_reference": 59.13015,
      "structural_low": 79.900002,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 24,
        "median_return": -0.020318,
        "positive_rate": 0.416667,
        "directional_follow_through": 0.416667,
        "median_excess_return": -0.02235,
        "regime_survival": 0.583333,
        "best_return": 0.194805,
        "worst_return": -0.146056,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 11,
        "median_return": 0.046837,
        "positive_rate": 0.636364,
        "directional_follow_through": 0.636364,
        "median_excess_return": -0.00545,
        "regime_survival": 0.545455,
        "best_return": 0.250177,
        "worst_return": -0.111554,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": -0.018664,
        "positive_rate": 0.428571,
        "directional_follow_through": 0.428571,
        "median_excess_return": -0.004293,
        "regime_survival": 0.285714,
        "best_return": 0.285924,
        "worst_return": -0.313816,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.125591,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -1.2e-05,
        "regime_survival": 0.75,
        "best_return": 0.550523,
        "worst_return": -0.324951,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-06-21",
        "end": "2024-07-26",
        "tenure": "Developing",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-02",
        "end": "2024-08-09",
        "tenure": "New",
        "return": -0.015135,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-16",
        "end": "2024-09-06",
        "tenure": "New",
        "return": -0.032189,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-13",
        "end": "2025-01-10",
        "tenure": "Established",
        "return": 0.07828,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-01-17",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.019964,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-08-22",
        "tenure": "Extended",
        "return": 0.257525,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-08-29",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": 0.156391,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-31",
        "end": "2025-12-12",
        "tenure": "Developing",
        "return": -0.071038,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-12-19",
        "end": "2026-01-09",
        "tenure": "New",
        "return": 0.11276,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-16",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.020501,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.040975,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-17",
        "end": "2026-05-15",
        "tenure": "Developing",
        "return": -0.146056,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-05-22",
        "end": "2026-07-31",
        "tenure": "Developing",
        "return": 0.188248,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 41.517811,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 40.171068,
        "fair_value": 51.321395,
        "relative_strength": 5.227831,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 42.822817,
        "energy": 31.516746,
        "activity_lines": [
          41.393516,
          41.188746,
          41.237565,
          40.847004
        ]
      },
      {
        "date": "2023-08-25",
        "close": 40.835705,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 40.241289,
        "fair_value": 51.150445,
        "relative_strength": 4.394839,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.911909,
        "energy": 18.304009,
        "activity_lines": [
          41.205558,
          41.155674,
          41.201568,
          40.889884
        ]
      },
      {
        "date": "2023-09-01",
        "close": 40.835705,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 40.335668,
        "fair_value": 51.018623,
        "relative_strength": 2.337613,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.096566,
        "energy": 9.922377,
        "activity_lines": [
          41.069137,
          41.139965,
          41.148854,
          40.928233
        ]
      },
      {
        "date": "2023-09-08",
        "close": 40.244537,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 40.411851,
        "fair_value": 50.887615,
        "relative_strength": 1.995983,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.625416,
        "energy": 7.457701,
        "activity_lines": [
          40.765975,
          41.000236,
          41.027865,
          40.922354
        ]
      },
      {
        "date": "2023-09-15",
        "close": 42.199924,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 40.542644,
        "fair_value": 50.749001,
        "relative_strength": 5.814348,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.599265,
        "energy": 18.588985,
        "activity_lines": [
          41.178274,
          41.205282,
          41.094515,
          41.037713
        ]
      },
      {
        "date": "2023-09-22",
        "close": 40.699276,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 40.652104,
        "fair_value": 50.594439,
        "relative_strength": 2.91239,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.861698,
        "energy": 4.809211,
        "activity_lines": [
          41.035787,
          41.100278,
          41.038603,
          41.047819
        ]
      },
      {
        "date": "2023-09-29",
        "close": 38.516525,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 40.673707,
        "fair_value": 50.410964,
        "relative_strength": -2.544007,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -49.249639,
        "energy": 45.183599,
        "activity_lines": [
          40.220285,
          40.615772,
          40.791744,
          40.910039
        ]
      },
      {
        "date": "2023-10-06",
        "close": 40.335484,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 40.709134,
        "fair_value": 50.25415,
        "relative_strength": 3.789868,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -22.832369,
        "energy": 32.245209,
        "activity_lines": [
          40.165716,
          40.518209,
          40.738257,
          40.888219
        ]
      },
      {
        "date": "2023-10-13",
        "close": 40.290012,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 40.780794,
        "fair_value": 50.096467,
        "relative_strength": 2.912712,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -25.627039,
        "energy": 44.598276,
        "activity_lines": [
          40.129336,
          40.429742,
          40.693216,
          40.861178
        ]
      },
      {
        "date": "2023-10-20",
        "close": 44.564575,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 41.041746,
        "fair_value": 49.976569,
        "relative_strength": 17.774458,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 59.658562,
        "energy": 36.997608,
        "activity_lines": [
          41.51478,
          41.135003,
          41.058957,
          41.105293
        ]
      },
      {
        "date": "2023-10-27",
        "close": 42.882034,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 41.189237,
        "fair_value": 49.845309,
        "relative_strength": 13.546426,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 60.880143,
        "energy": 45.918334,
        "activity_lines": [
          42.181733,
          41.476472,
          41.24107,
          41.224022
        ]
      },
      {
        "date": "2023-11-03",
        "close": 46.292591,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 41.48816,
        "fair_value": 49.720335,
        "relative_strength": 15.793556,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.675593,
        "energy": 81.280559,
        "activity_lines": [
          43.840022,
          42.413238,
          41.737604,
          41.55327
        ]
      },
      {
        "date": "2023-11-10",
        "close": 48.748184,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 41.835719,
        "fair_value": 49.642255,
        "relative_strength": 20.811171,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.987593,
        "energy": 92.536764,
        "activity_lines": [
          45.798437,
          43.697259,
          42.446566,
          42.021659
        ]
      },
      {
        "date": "2023-11-17",
        "close": 50.658096,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 42.172956,
        "fair_value": 49.567188,
        "relative_strength": 22.179569,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.943695,
        "energy": 96.367528,
        "activity_lines": [
          47.832642,
          45.184674,
          43.295415,
          42.590844
        ]
      },
      {
        "date": "2023-11-24",
        "close": 47.202072,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 42.197195,
        "fair_value": 49.490158,
        "relative_strength": 14.089702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.634145,
        "energy": 86.942413,
        "activity_lines": [
          48.023634,
          45.854384,
          43.762715,
          42.915304
        ]
      },
      {
        "date": "2023-12-01",
        "close": 47.293018,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 42.298451,
        "fair_value": 49.424096,
        "relative_strength": 11.870324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.85609,
        "energy": 82.694644,
        "activity_lines": [
          48.069108,
          46.449681,
          44.205112,
          43.244066
        ]
      },
      {
        "date": "2023-12-08",
        "close": 46.565434,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 42.425778,
        "fair_value": 49.35337,
        "relative_strength": 9.659118,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.616023,
        "energy": 56.724891,
        "activity_lines": [
          47.577989,
          46.792803,
          44.551365,
          43.519356
        ]
      },
      {
        "date": "2023-12-15",
        "close": 45.746899,
        "volume": 22,
        "typical_volume": 1.1,
        "trend": 42.516726,
        "fair_value": 49.290089,
        "relative_strength": 5.863952,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.722692,
        "energy": 37.649285,
        "activity_lines": [
          46.795835,
          46.840758,
          44.796059,
          43.733621
        ]
      },
      {
        "date": "2023-12-22",
        "close": 47.111122,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 42.718328,
        "fair_value": 49.234975,
        "relative_strength": 7.518195,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.479627,
        "energy": 33.908118,
        "activity_lines": [
          46.668508,
          47.038363,
          45.149457,
          44.030034
        ]
      },
      {
        "date": "2023-12-29",
        "close": 47.202072,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 42.969951,
        "fair_value": 49.174099,
        "relative_strength": 6.687939,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.607021,
        "energy": 31.944669,
        "activity_lines": [
          46.807962,
          47.128485,
          45.483367,
          44.319308
        ]
      },
      {
        "date": "2024-01-05",
        "close": 46.65638,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 43.168521,
        "fair_value": 49.099918,
        "relative_strength": 5.363894,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.920408,
        "energy": 30.115214,
        "activity_lines": [
          46.765519,
          47.071435,
          45.737588,
          44.557142
        ]
      },
      {
        "date": "2024-01-12",
        "close": 47.656815,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 43.36406,
        "fair_value": 49.01888,
        "relative_strength": 8.181455,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.802781,
        "energy": 35.367402,
        "activity_lines": [
          47.098997,
          47.127659,
          46.06262,
          44.846709
        ]
      },
      {
        "date": "2024-01-19",
        "close": 47.293018,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 43.609619,
        "fair_value": 48.919357,
        "relative_strength": 8.716591,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.592862,
        "energy": 38.459136,
        "activity_lines": [
          47.23845,
          47.092933,
          46.320523,
          45.100191
        ]
      },
      {
        "date": "2024-01-26",
        "close": 44.064362,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 43.756652,
        "fair_value": 48.79683,
        "relative_strength": -2.148284,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 25.748031,
        "energy": 15.369476,
        "activity_lines": [
          46.198611,
          46.497637,
          46.240186,
          45.129529
        ]
      },
      {
        "date": "2024-02-02",
        "close": 42.154449,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 43.823347,
        "fair_value": 48.677636,
        "relative_strength": -6.126479,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -10.029749,
        "energy": 17.851205,
        "activity_lines": [
          44.72525,
          45.674969,
          45.959762,
          45.026161
        ]
      },
      {
        "date": "2024-02-09",
        "close": 42.018028,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 43.835474,
        "fair_value": 48.559299,
        "relative_strength": -4.360323,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -35.315239,
        "energy": 45.312066,
        "activity_lines": [
          43.542925,
          44.919273,
          45.666563,
          44.909689
        ]
      },
      {
        "date": "2024-02-16",
        "close": 42.745609,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 43.873369,
        "fair_value": 48.450241,
        "relative_strength": -4.29352,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.0431,
        "energy": 55.077082,
        "activity_lines": [
          42.91235,
          44.391773,
          45.436377,
          44.839375
        ]
      },
      {
        "date": "2024-02-23",
        "close": 42.563713,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 43.915811,
        "fair_value": 48.356747,
        "relative_strength": -4.330031,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.756516,
        "energy": 64.465966,
        "activity_lines": [
          42.548556,
          43.900653,
          45.16873,
          44.754881
        ]
      },
      {
        "date": "2024-03-01",
        "close": 42.700142,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 43.965833,
        "fair_value": 48.276243,
        "relative_strength": -4.117762,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.372262,
        "energy": 58.15237,
        "activity_lines": [
          42.545526,
          43.492214,
          44.903465,
          44.676451
        ]
      },
      {
        "date": "2024-03-08",
        "close": 45.655949,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 44.108318,
        "fair_value": 48.180649,
        "relative_strength": 2.205152,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -6.499532,
        "energy": 15.650422,
        "activity_lines": [
          43.618713,
          43.701394,
          44.908228,
          44.78549
        ]
      },
      {
        "date": "2024-03-15",
        "close": 45.655949,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 44.246256,
        "fair_value": 48.066593,
        "relative_strength": 1.084895,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 13.08753,
        "energy": 11.313003,
        "activity_lines": [
          44.458467,
          43.938685,
          44.907795,
          44.885338
        ]
      },
      {
        "date": "2024-03-22",
        "close": 44.928364,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 44.382678,
        "fair_value": 47.952489,
        "relative_strength": -3.161336,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 1.407978,
        "energy": 12.876527,
        "activity_lines": [
          44.813164,
          44.061878,
          44.824859,
          44.929344
        ]
      },
      {
        "date": "2024-03-29",
        "close": 46.565434,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 44.573669,
        "fair_value": 47.86359,
        "relative_strength": -0.836526,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": 23.123198,
        "energy": 27.386621,
        "activity_lines": [
          45.568034,
          44.532328,
          44.90433,
          45.070167
        ]
      },
      {
        "date": "2024-04-05",
        "close": 47.202072,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 44.805587,
        "fair_value": 47.759446,
        "relative_strength": -0.573221,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 55.692555,
        "energy": 40.45399,
        "activity_lines": [
          46.268336,
          45.131759,
          45.054828,
          45.239742
        ]
      },
      {
        "date": "2024-04-12",
        "close": 47.747761,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 44.990515,
        "fair_value": 47.633416,
        "relative_strength": 0.666958,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.613512,
        "energy": 57.51901,
        "activity_lines": [
          46.850405,
          45.773358,
          45.273753,
          45.42956
        ]
      },
      {
        "date": "2024-04-19",
        "close": 45.01931,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 45.134516,
        "fair_value": 47.488741,
        "relative_strength": -4.644268,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.498365,
        "energy": 38.357577,
        "activity_lines": [
          46.383536,
          45.817177,
          45.230228,
          45.431417
        ]
      },
      {
        "date": "2024-04-26",
        "close": 44.382679,
        "volume": 0,
        "typical_volume": 1.1,
        "trend": 45.330054,
        "fair_value": 47.326429,
        "relative_strength": -6.054456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": 8.744713,
        "energy": 13.286685,
        "activity_lines": [
          45.7469,
          45.690677,
          45.136898,
          45.382912
        ]
      },
      {
        "date": "2024-05-03",
        "close": 45.428581,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 45.499824,
        "fair_value": 47.199666,
        "relative_strength": -4.831116,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.296841,
        "energy": 4.489115,
        "activity_lines": [
          45.495276,
          45.724576,
          45.153571,
          45.389268
        ]
      },
      {
        "date": "2024-05-10",
        "close": 46.494652,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 45.706645,
        "fair_value": 47.068805,
        "relative_strength": -5.00752,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 1.920968,
        "energy": 7.767306,
        "activity_lines": [
          45.6748,
          45.900217,
          45.273292,
          45.453451
        ]
      },
      {
        "date": "2024-05-17",
        "close": 47.72068,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 45.811849,
        "fair_value": 46.932499,
        "relative_strength": -4.041875,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 25.476617,
        "energy": 15.750321,
        "activity_lines": [
          46.310161,
          46.229782,
          45.512712,
          45.583388
        ]
      },
      {
        "date": "2024-05-24",
        "close": 47.107666,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 45.952703,
        "fair_value": 46.802386,
        "relative_strength": -5.090584,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 27.428082,
        "energy": 34.296149,
        "activity_lines": [
          46.74299,
          46.410349,
          45.69128,
          45.66699
        ]
      },
      {
        "date": "2024-05-31",
        "close": 47.154819,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 45.981444,
        "fair_value": 46.672865,
        "relative_strength": -3.503205,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 29.744063,
        "energy": 45.334655,
        "activity_lines": [
          47.052312,
          46.573094,
          45.87219,
          45.744545
        ]
      },
      {
        "date": "2024-06-07",
        "close": 47.437752,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 45.937763,
        "fair_value": 46.542843,
        "relative_strength": -2.149387,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.99948,
        "energy": 51.758638,
        "activity_lines": [
          47.271136,
          46.746801,
          46.082437,
          45.838501
        ]
      },
      {
        "date": "2024-06-14",
        "close": 48.475159,
        "volume": 147,
        "typical_volume": 7.35,
        "trend": 45.864999,
        "fair_value": 46.412242,
        "relative_strength": 3.416197,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 73.165492,
        "energy": 67.93077,
        "activity_lines": [
          47.701818,
          47.093266,
          46.390795,
          46.002204
        ]
      },
      {
        "date": "2024-06-21",
        "close": 45.881645,
        "volume": 0,
        "typical_volume": 7.35,
        "trend": 45.820984,
        "fair_value": 46.234069,
        "relative_strength": -3.633937,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.924977,
        "energy": 38.743246,
        "activity_lines": [
          47.135961,
          46.945037,
          46.431148,
          46.003278
        ]
      },
      {
        "date": "2024-06-28",
        "close": 47.060513,
        "volume": 0,
        "typical_volume": 7.35,
        "trend": 45.813234,
        "fair_value": 46.075889,
        "relative_strength": -1.7142,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.461765,
        "energy": 29.684023,
        "activity_lines": [
          47.085663,
          47.045077,
          46.566026,
          46.083247
        ]
      },
      {
        "date": "2024-07-05",
        "close": 46.30603,
        "volume": 152,
        "typical_volume": 14.95,
        "trend": 45.804587,
        "fair_value": 45.933118,
        "relative_strength": -5.819803,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.95029,
        "energy": 19.275642,
        "activity_lines": [
          46.787014,
          46.970825,
          46.605036,
          46.11504
        ]
      },
      {
        "date": "2024-07-12",
        "close": 49.984112,
        "volume": 403,
        "typical_volume": 35.1,
        "trend": 45.945828,
        "fair_value": 45.820865,
        "relative_strength": 1.677006,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.533157,
        "energy": 35.451463,
        "activity_lines": [
          47.770978,
          47.530346,
          46.977386,
          46.384687
        ]
      },
      {
        "date": "2024-07-19",
        "close": 46.871891,
        "volume": 0,
        "typical_volume": 35.1,
        "trend": 45.937854,
        "fair_value": 45.677383,
        "relative_strength": -3.731327,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 46.683838,
        "energy": 27.711357,
        "activity_lines": [
          47.547778,
          47.44118,
          47.017998,
          46.444433
        ]
      },
      {
        "date": "2024-07-26",
        "close": 45.881645,
        "volume": 0,
        "typical_volume": 35.1,
        "trend": 45.893839,
        "fair_value": 45.524951,
        "relative_strength": -5.715631,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 24.547181,
        "energy": 14.607021,
        "activity_lines": [
          47.10138,
          47.16511,
          46.944435,
          46.440807
        ]
      },
      {
        "date": "2024-08-02",
        "close": 43.61821,
        "volume": 380,
        "typical_volume": 54.1,
        "trend": 45.792567,
        "fair_value": 45.359455,
        "relative_strength": -6.62312,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -7.735567,
        "energy": 9.482232,
        "activity_lines": [
          45.900504,
          46.510944,
          46.654233,
          46.293992
        ]
      },
      {
        "date": "2024-08-09",
        "close": 42.958038,
        "volume": 664,
        "typical_volume": 87.3,
        "trend": 45.635941,
        "fair_value": 45.183364,
        "relative_strength": -8.780125,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -34.342314,
        "energy": 36.937395,
        "activity_lines": [
          44.709057,
          45.800192,
          46.31086,
          46.111119
        ]
      },
      {
        "date": "2024-08-16",
        "close": 43.948292,
        "volume": 0,
        "typical_volume": 87.3,
        "trend": 45.52445,
        "fair_value": 45.041676,
        "relative_strength": -8.209416,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.30617,
        "energy": 48.067903,
        "activity_lines": [
          44.070895,
          45.34579,
          46.07118,
          46.002239
        ]
      },
      {
        "date": "2024-08-23",
        "close": 43.335285,
        "volume": 153,
        "typical_volume": 94.95,
        "trend": 45.500148,
        "fair_value": 44.900974,
        "relative_strength": -10.833852,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.349467,
        "energy": 59.48693,
        "activity_lines": [
          43.630785,
          44.843378,
          45.785581,
          45.861002
        ]
      },
      {
        "date": "2024-08-30",
        "close": 43.335285,
        "volume": 0,
        "typical_volume": 94.95,
        "trend": 45.539509,
        "fair_value": 44.759115,
        "relative_strength": -11.634359,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.788117,
        "energy": 57.195301,
        "activity_lines": [
          43.426448,
          44.434418,
          45.518395,
          45.721334
        ]
      },
      {
        "date": "2024-09-06",
        "close": 42.533649,
        "volume": 0,
        "typical_volume": 94.95,
        "trend": 45.556696,
        "fair_value": 44.613275,
        "relative_strength": -9.548141,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -68.939014,
        "energy": 62.659127,
        "activity_lines": [
          43.124657,
          43.926003,
          45.195875,
          45.527407
        ]
      },
      {
        "date": "2024-09-13",
        "close": 42.769421,
        "volume": 0,
        "typical_volume": 94.95,
        "trend": 45.55749,
        "fair_value": 44.466342,
        "relative_strength": -9.402237,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.654036,
        "energy": 55.351979,
        "activity_lines": [
          42.973761,
          43.542762,
          44.907646,
          45.347583
        ]
      },
      {
        "date": "2024-09-20",
        "close": 42.297871,
        "volume": 65,
        "typical_volume": 98.2,
        "trend": 45.548629,
        "fair_value": 44.319569,
        "relative_strength": -10.560065,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.569032,
        "energy": 57.89518,
        "activity_lines": [
          42.678256,
          43.138088,
          44.582189,
          45.137285
        ]
      },
      {
        "date": "2024-09-27",
        "close": 43.193817,
        "volume": 0,
        "typical_volume": 98.2,
        "trend": 45.565084,
        "fair_value": 44.197048,
        "relative_strength": -9.433888,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.918361,
        "energy": 50.339808,
        "activity_lines": [
          42.791428,
          43.036062,
          44.356969,
          44.985362
        ]
      },
      {
        "date": "2024-10-04",
        "close": 45.457249,
        "volume": 196,
        "typical_volume": 108.0,
        "trend": 45.558461,
        "fair_value": 44.088748,
        "relative_strength": -3.621189,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.486364,
        "energy": 24.9894,
        "activity_lines": [
          43.668508,
          43.412443,
          44.363032,
          44.978405
        ]
      },
      {
        "date": "2024-10-11",
        "close": 46.77758,
        "volume": 1148,
        "typical_volume": 165.4,
        "trend": 45.595849,
        "fair_value": 43.990646,
        "relative_strength": -0.994166,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -8.019258,
        "energy": 15.495622,
        "activity_lines": [
          44.844234,
          44.036601,
          44.505618,
          45.057057
        ]
      },
      {
        "date": "2024-10-18",
        "close": 43.523903,
        "volume": 143,
        "typical_volume": 172.55,
        "trend": 45.549033,
        "fair_value": 43.861276,
        "relative_strength": -7.837971,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.227495,
        "energy": 25.771627,
        "activity_lines": [
          44.652472,
          44.011738,
          44.339903,
          44.923383
        ]
      },
      {
        "date": "2024-10-25",
        "close": 43.853985,
        "volume": 0,
        "typical_volume": 172.55,
        "trend": 45.458652,
        "fair_value": 43.747904,
        "relative_strength": -5.71865,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.570311,
        "energy": 24.162809,
        "activity_lines": [
          44.520439,
          44.036602,
          44.222914,
          44.814026
        ]
      },
      {
        "date": "2024-11-01",
        "close": 42.675114,
        "volume": 355,
        "typical_volume": 182.95,
        "trend": 45.307753,
        "fair_value": 43.624372,
        "relative_strength": -6.497304,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.461261,
        "energy": 21.254765,
        "activity_lines": [
          43.891709,
          43.84884,
          44.010718,
          44.634442
        ]
      },
      {
        "date": "2024-11-08",
        "close": 42.250721,
        "volume": 164,
        "typical_volume": 191.15,
        "trend": 45.124518,
        "fair_value": 43.490889,
        "relative_strength": -7.533567,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.199217,
        "energy": 50.694288,
        "activity_lines": [
          43.156093,
          43.595919,
          43.785722,
          44.437215
        ]
      },
      {
        "date": "2024-11-15",
        "close": 41.024696,
        "volume": 0,
        "typical_volume": 191.15,
        "trend": 44.991365,
        "fair_value": 43.344342,
        "relative_strength": -9.830824,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.815044,
        "energy": 71.167121,
        "activity_lines": [
          42.225572,
          43.139803,
          43.461252,
          44.17271
        ]
      },
      {
        "date": "2024-11-22",
        "close": 40.741768,
        "volume": 30,
        "typical_volume": 185.05,
        "trend": 44.870001,
        "fair_value": 43.26221,
        "relative_strength": -9.459559,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -76.276187,
        "energy": 78.321536,
        "activity_lines": [
          41.584267,
          42.659682,
          43.138578,
          43.898542
        ]
      },
      {
        "date": "2024-11-29",
        "close": 41.166161,
        "volume": 330,
        "typical_volume": 181.4,
        "trend": 44.72792,
        "fair_value": 43.203623,
        "relative_strength": -8.323825,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.541667,
        "energy": 75.190906,
        "activity_lines": [
          41.269901,
          42.293589,
          42.88282,
          43.659585
        ]
      },
      {
        "date": "2024-12-06",
        "close": 42.203564,
        "volume": 656,
        "typical_volume": 214.2,
        "trend": 44.584884,
        "fair_value": 43.147347,
        "relative_strength": -6.861777,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.879431,
        "energy": 63.713404,
        "activity_lines": [
          41.480525,
          42.136692,
          42.767852,
          43.496723
        ]
      },
      {
        "date": "2024-12-13",
        "close": 43.523903,
        "volume": 0,
        "typical_volume": 214.2,
        "trend": 44.444991,
        "fair_value": 43.119202,
        "relative_strength": -5.400956,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.16776,
        "energy": 33.320424,
        "activity_lines": [
          42.162699,
          42.237861,
          42.80086,
          43.428273
        ]
      },
      {
        "date": "2024-12-20",
        "close": 43.005196,
        "volume": 0,
        "typical_volume": 195.2,
        "trend": 44.308242,
        "fair_value": 43.081658,
        "relative_strength": -4.742876,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.875252,
        "energy": 18.572149,
        "activity_lines": [
          42.587092,
          42.279871,
          42.795696,
          43.335383
        ]
      },
      {
        "date": "2024-12-27",
        "close": 43.476746,
        "volume": 0,
        "typical_volume": 162.0,
        "trend": 44.18564,
        "fair_value": 43.040485,
        "relative_strength": -4.52653,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -24.479836,
        "energy": 18.368121,
        "activity_lines": [
          43.036634,
          42.476207,
          42.83836,
          43.281738
        ]
      },
      {
        "date": "2025-01-03",
        "close": 42.297871,
        "volume": 0,
        "typical_volume": 162.0,
        "trend": 44.014311,
        "fair_value": 43.009975,
        "relative_strength": -7.347128,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.080794,
        "energy": 19.2755,
        "activity_lines": [
          42.910886,
          42.459059,
          42.76628,
          43.159946
        ]
      },
      {
        "date": "2025-01-10",
        "close": 46.117416,
        "volume": 0,
        "typical_volume": 154.35,
        "trend": 43.935719,
        "fair_value": 43.010023,
        "relative_strength": 1.218076,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 31.803207,
        "energy": 25.313298,
        "activity_lines": [
          43.982873,
          43.164666,
          43.065825,
          43.295631
        ]
      },
      {
        "date": "2025-01-17",
        "close": 51.964611,
        "volume": 326,
        "typical_volume": 170.65,
        "trend": 44.138485,
        "fair_value": 43.055998,
        "relative_strength": 10.227238,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 62.991961,
        "energy": 72.92611,
        "activity_lines": [
          46.743001,
          44.870813,
          43.908998,
          43.813624
        ]
      },
      {
        "date": "2025-01-24",
        "close": 53.002018,
        "volume": 0,
        "typical_volume": 170.65,
        "trend": 44.336535,
        "fair_value": 43.100757,
        "relative_strength": 10.360093,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 90.975313,
        "energy": 94.854998,
        "activity_lines": [
          49.286218,
          46.588963,
          44.809879,
          44.385464
        ]
      },
      {
        "date": "2025-01-31",
        "close": 53.567875,
        "volume": 0,
        "typical_volume": 170.65,
        "trend": 44.578596,
        "fair_value": 43.152324,
        "relative_strength": 10.710474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.287635,
        "energy": 95.288326,
        "activity_lines": [
          51.351599,
          48.192226,
          45.714803,
          44.981035
        ]
      },
      {
        "date": "2025-02-07",
        "close": 53.756496,
        "volume": 326,
        "typical_volume": 183.7,
        "trend": 44.704343,
        "fair_value": 43.201341,
        "relative_strength": 10.440163,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.925077,
        "energy": 91.742108,
        "activity_lines": [
          52.807111,
          49.596583,
          46.586269,
          45.573157
        ]
      },
      {
        "date": "2025-02-14",
        "close": 51.775997,
        "volume": 0,
        "typical_volume": 183.7,
        "trend": 44.867813,
        "fair_value": 43.25247,
        "relative_strength": 1.02613,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.325704,
        "energy": 88.369514,
        "activity_lines": [
          52.838549,
          50.411933,
          47.214551,
          46.029393
        ]
      },
      {
        "date": "2025-02-21",
        "close": 51.398754,
        "volume": 326,
        "typical_volume": 190.2,
        "trend": 45.051716,
        "fair_value": 43.292446,
        "relative_strength": 1.138918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.232054,
        "energy": 78.420247,
        "activity_lines": [
          52.367001,
          50.98465,
          47.766038,
          46.450744
        ]
      },
      {
        "date": "2025-02-28",
        "close": 50.832901,
        "volume": 326,
        "typical_volume": 149.1,
        "trend": 45.292206,
        "fair_value": 43.323589,
        "relative_strength": -2.308456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.634763,
        "energy": 58.534697,
        "activity_lines": [
          51.744559,
          51.311305,
          48.235341,
          46.823724
        ]
      },
      {
        "date": "2025-03-07",
        "close": 54.039425,
        "volume": 326,
        "typical_volume": 158.25,
        "trend": 45.661586,
        "fair_value": 43.37442,
        "relative_strength": 0.540011,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.34106,
        "energy": 58.442576,
        "activity_lines": [
          52.335565,
          52.078642,
          48.990716,
          47.38806
        ]
      },
      {
        "date": "2025-03-14",
        "close": 53.284946,
        "volume": 487,
        "typical_volume": 182.6,
        "trend": 45.972807,
        "fair_value": 43.403928,
        "relative_strength": -0.876957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.620871,
        "energy": 54.737867,
        "activity_lines": [
          52.643643,
          52.516753,
          49.624162,
          47.87989
        ]
      },
      {
        "date": "2025-03-21",
        "close": 56.208546,
        "volume": 163,
        "typical_volume": 173.0,
        "trend": 46.401916,
        "fair_value": 43.472423,
        "relative_strength": 5.443476,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.175673,
        "energy": 64.642863,
        "activity_lines": [
          53.95769,
          53.286663,
          50.491137,
          48.54026
        ]
      },
      {
        "date": "2025-03-28",
        "close": 60.735413,
        "volume": 0,
        "typical_volume": 164.8,
        "trend": 46.98192,
        "fair_value": 43.567333,
        "relative_strength": 15.974562,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.396788,
        "energy": 86.947816,
        "activity_lines": [
          56.485189,
          54.696164,
          51.724797,
          49.465002
        ]
      },
      {
        "date": "2025-04-04",
        "close": 56.963028,
        "volume": 0,
        "typical_volume": 164.8,
        "trend": 47.4629,
        "fair_value": 43.63112,
        "relative_strength": 20.361779,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.821395,
        "energy": 68.199651,
        "activity_lines": [
          57.132783,
          55.260308,
          52.51116,
          50.108945
        ]
      },
      {
        "date": "2025-04-11",
        "close": 56.868717,
        "volume": 0,
        "typical_volume": 163.3,
        "trend": 47.932876,
        "fair_value": 43.719464,
        "relative_strength": 21.322541,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.74255,
        "energy": 66.156252,
        "activity_lines": [
          57.340265,
          55.735286,
          53.212645,
          50.715771
        ]
      },
      {
        "date": "2025-04-18",
        "close": 56.680096,
        "volume": 0,
        "typical_volume": 146.8,
        "trend": 48.412284,
        "fair_value": 43.804285,
        "relative_strength": 14.443411,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.284077,
        "energy": 60.592781,
        "activity_lines": [
          57.296254,
          56.115953,
          53.81937,
          51.280108
        ]
      },
      {
        "date": "2025-04-25",
        "close": 57.528885,
        "volume": 0,
        "typical_volume": 114.0,
        "trend": 48.890119,
        "fair_value": 43.900043,
        "relative_strength": 11.714766,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.083028,
        "energy": 52.70243,
        "activity_lines": [
          57.308829,
          56.59779,
          54.433057,
          51.868276
        ]
      },
      {
        "date": "2025-05-02",
        "close": 57.340263,
        "volume": 0,
        "typical_volume": 114.0,
        "trend": 49.28622,
        "fair_value": 43.990831,
        "relative_strength": 9.558083,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.825085,
        "energy": 47.068305,
        "activity_lines": [
          57.170507,
          56.940734,
          54.955802,
          52.413447
        ]
      },
      {
        "date": "2025-05-09",
        "close": 58.754906,
        "volume": 0,
        "typical_volume": 114.0,
        "trend": 49.685464,
        "fair_value": 44.081454,
        "relative_strength": 7.132115,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.72078,
        "energy": 48.929726,
        "activity_lines": [
          57.730076,
          57.432859,
          55.547482,
          53.02433
        ]
      },
      {
        "date": "2025-05-16",
        "close": 61.903709,
        "volume": 0,
        "typical_volume": 114.0,
        "trend": 50.298124,
        "fair_value": 44.197779,
        "relative_strength": 9.432036,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.688495,
        "energy": 58.388013,
        "activity_lines": [
          59.219788,
          58.353456,
          56.36405,
          53.812603
        ]
      },
      {
        "date": "2025-05-23",
        "close": 62.878571,
        "volume": 234,
        "typical_volume": 125.7,
        "trend": 50.932277,
        "fair_value": 44.322675,
        "relative_strength": 12.236189,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.620681,
        "energy": 63.496457,
        "activity_lines": [
          60.698788,
          59.308314,
          57.185715,
          54.624245
        ]
      },
      {
        "date": "2025-05-30",
        "close": 65.413208,
        "volume": 0,
        "typical_volume": 125.7,
        "trend": 51.690214,
        "fair_value": 44.457722,
        "relative_strength": 15.274167,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.602314,
        "energy": 85.642522,
        "activity_lines": [
          62.609435,
          60.549586,
          58.15077,
          55.558499
        ]
      },
      {
        "date": "2025-06-06",
        "close": 69.995064,
        "volume": 0,
        "typical_volume": 109.4,
        "trend": 52.615025,
        "fair_value": 44.624172,
        "relative_strength": 22.225926,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.885175,
        "energy": 95.232496,
        "activity_lines": [
          65.521746,
          62.456565,
          59.460307,
          56.739457
        ]
      },
      {
        "date": "2025-06-13",
        "close": 67.26545,
        "volume": 0,
        "typical_volume": 109.4,
        "trend": 53.489717,
        "fair_value": 44.782706,
        "relative_strength": 19.682894,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.683548,
        "energy": 87.862545,
        "activity_lines": [
          66.680532,
          63.698893,
          60.424023,
          57.684646
        ]
      },
      {
        "date": "2025-06-20",
        "close": 66.388069,
        "volume": 0,
        "typical_volume": 109.4,
        "trend": 54.344593,
        "fair_value": 44.927486,
        "relative_strength": 18.230586,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.342361,
        "energy": 83.535028,
        "activity_lines": [
          66.979488,
          64.594381,
          61.236257,
          58.516797
        ]
      },
      {
        "date": "2025-06-27",
        "close": 65.120758,
        "volume": 0,
        "typical_volume": 93.1,
        "trend": 55.14308,
        "fair_value": 45.05398,
        "relative_strength": 13.47682,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.376302,
        "energy": 68.265452,
        "activity_lines": [
          66.55705,
          65.086369,
          61.866746,
          59.212034
        ]
      },
      {
        "date": "2025-07-04",
        "close": 63.56097,
        "volume": 0,
        "typical_volume": 93.1,
        "trend": 55.854994,
        "fair_value": 45.164667,
        "relative_strength": 11.29989,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.595473,
        "energy": 55.506363,
        "activity_lines": [
          65.465204,
          65.141293,
          62.294568,
          59.755123
        ]
      },
      {
        "date": "2025-07-11",
        "close": 67.07048,
        "volume": 0,
        "typical_volume": 76.8,
        "trend": 56.639879,
        "fair_value": 45.308014,
        "relative_strength": 14.606508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.334013,
        "energy": 51.068869,
        "activity_lines": [
          65.666676,
          65.724636,
          63.00051,
          60.478703
        ]
      },
      {
        "date": "2025-07-18",
        "close": 67.850365,
        "volume": 0,
        "typical_volume": 60.5,
        "trend": 57.468052,
        "fair_value": 45.443294,
        "relative_strength": 15.478204,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.627436,
        "energy": 54.344211,
        "activity_lines": [
          66.323083,
          66.272862,
          63.7061,
          61.20196
        ]
      },
      {
        "date": "2025-07-25",
        "close": 67.07048,
        "volume": 0,
        "typical_volume": 44.2,
        "trend": 58.25451,
        "fair_value": 45.575317,
        "relative_strength": 11.551299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.522231,
        "energy": 52.448,
        "activity_lines": [
          66.680533,
          66.51392,
          64.25638,
          61.821472
        ]
      },
      {
        "date": "2025-08-01",
        "close": 66.485558,
        "volume": 0,
        "typical_volume": 19.85,
        "trend": 59.060766,
        "fair_value": 45.704171,
        "relative_strength": 13.093061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.436159,
        "energy": 51.372414,
        "activity_lines": [
          66.797516,
          66.554686,
          64.6889,
          62.352507
        ]
      },
      {
        "date": "2025-08-08",
        "close": 65.608185,
        "volume": 0,
        "typical_volume": 11.7,
        "trend": 59.710458,
        "fair_value": 45.836983,
        "relative_strength": 5.084754,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.260371,
        "energy": 46.03717,
        "activity_lines": [
          66.531054,
          66.370349,
          64.975001,
          62.774921
        ]
      },
      {
        "date": "2025-08-15",
        "close": 66.290588,
        "volume": 42,
        "typical_volume": 13.8,
        "trend": 60.187991,
        "fair_value": 45.977944,
        "relative_strength": 3.197055,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.950594,
        "energy": 38.538183,
        "activity_lines": [
          66.355579,
          66.30654,
          65.281332,
          63.199446
        ]
      },
      {
        "date": "2025-08-22",
        "close": 67.36293,
        "volume": 0,
        "typical_volume": 13.8,
        "trend": 60.666688,
        "fair_value": 46.126941,
        "relative_strength": 5.819898,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.645472,
        "energy": 38.957689,
        "activity_lines": [
          66.589544,
          66.505056,
          65.663338,
          63.662345
        ]
      },
      {
        "date": "2025-08-29",
        "close": 64.828293,
        "volume": 0,
        "typical_volume": 13.8,
        "trend": 61.042035,
        "fair_value": 46.266949,
        "relative_strength": 5.263576,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.181888,
        "energy": 25.245727,
        "activity_lines": [
          66.011125,
          66.240957,
          65.754427,
          63.930836
        ]
      },
      {
        "date": "2025-09-05",
        "close": 64.828293,
        "volume": 0,
        "typical_volume": 13.8,
        "trend": 61.411095,
        "fair_value": 46.406667,
        "relative_strength": 5.30958,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.946995,
        "energy": 21.142047,
        "activity_lines": [
          65.582186,
          66.005218,
          65.807613,
          64.175111
        ]
      },
      {
        "date": "2025-09-12",
        "close": 65.120758,
        "volume": 0,
        "typical_volume": 13.8,
        "trend": 61.85592,
        "fair_value": 46.55697,
        "relative_strength": 4.317525,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.23302,
        "energy": 14.403729,
        "activity_lines": [
          65.361219,
          65.827971,
          65.849852,
          64.414444
        ]
      },
      {
        "date": "2025-09-19",
        "close": 63.755947,
        "volume": 0,
        "typical_volume": 13.8,
        "trend": 62.267827,
        "fair_value": 46.729304,
        "relative_strength": 2.252622,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.205027,
        "energy": 13.275941,
        "activity_lines": [
          64.717811,
          65.374217,
          65.725957,
          64.537026
        ]
      },
      {
        "date": "2025-09-26",
        "close": 61.318794,
        "volume": 0,
        "typical_volume": 13.8,
        "trend": 62.617356,
        "fair_value": 46.872658,
        "relative_strength": -2.381453,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -14.476907,
        "energy": 24.529994,
        "activity_lines": [
          63.430994,
          64.537609,
          65.339401,
          64.475798
        ]
      },
      {
        "date": "2025-10-03",
        "close": 63.463486,
        "volume": 0,
        "typical_volume": 13.8,
        "trend": 62.931492,
        "fair_value": 47.033825,
        "relative_strength": -1.250164,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 1.926821,
        "energy": 22.978621,
        "activity_lines": [
          63.262017,
          64.2097,
          65.144893,
          64.530387
        ]
      },
      {
        "date": "2025-10-10",
        "close": 63.755947,
        "volume": 0,
        "typical_volume": 2.1,
        "trend": 63.280525,
        "fair_value": 47.200932,
        "relative_strength": 1.01613,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 0.768021,
        "energy": 26.590603,
        "activity_lines": [
          63.281514,
          64.000548,
          64.97081,
          64.583578
        ]
      },
      {
        "date": "2025-10-17",
        "close": 73.602051,
        "volume": 0,
        "typical_volume": 2.1,
        "trend": 63.860309,
        "fair_value": 47.440156,
        "relative_strength": 18.181389,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.031071,
        "energy": 33.438545,
        "activity_lines": [
          66.654536,
          65.631226,
          65.730274,
          65.249483
        ]
      },
      {
        "date": "2025-10-24",
        "close": 74.966858,
        "volume": 0,
        "typical_volume": 2.1,
        "trend": 64.33469,
        "fair_value": 47.685807,
        "relative_strength": 17.470312,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 84.064275,
        "energy": 79.814023,
        "activity_lines": [
          69.917073,
          67.364708,
          66.580725,
          65.966034
        ]
      },
      {
        "date": "2025-10-31",
        "close": 71.359863,
        "volume": 0,
        "typical_volume": 2.1,
        "trend": 64.814585,
        "fair_value": 47.901076,
        "relative_strength": 8.100426,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.790408,
        "energy": 77.899632,
        "activity_lines": [
          71.229885,
          68.284622,
          67.063977,
          66.419271
        ]
      },
      {
        "date": "2025-11-07",
        "close": 65.705673,
        "volume": 0,
        "typical_volume": 2.1,
        "trend": 65.10915,
        "fair_value": 48.061517,
        "relative_strength": 0.39531,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.541357,
        "energy": 60.976902,
        "activity_lines": [
          69.988563,
          68.10383,
          66.989238,
          66.476761
        ]
      },
      {
        "date": "2025-11-14",
        "close": 66.485558,
        "volume": 0,
        "typical_volume": 2.1,
        "trend": 65.435999,
        "fair_value": 48.240895,
        "relative_strength": -0.789222,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.51495,
        "energy": 46.063453,
        "activity_lines": [
          68.857723,
          68.048883,
          66.992023,
          66.565561
        ]
      },
      {
        "date": "2025-11-21",
        "close": 66.778015,
        "volume": 0,
        "typical_volume": 2.1,
        "trend": 65.744303,
        "fair_value": 48.422438,
        "relative_strength": 0.645491,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 32.925396,
        "energy": 16.254386,
        "activity_lines": [
          67.642394,
          68.016978,
          67.016162,
          66.652143
        ]
      },
      {
        "date": "2025-11-28",
        "close": 68.43528,
        "volume": 20,
        "typical_volume": 3.1,
        "trend": 66.114137,
        "fair_value": 48.600376,
        "relative_strength": -1.675489,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.591513,
        "energy": 21.968324,
        "activity_lines": [
          67.434423,
          68.256262,
          67.182817,
          66.825754
        ]
      },
      {
        "date": "2025-12-05",
        "close": 66.290588,
        "volume": 33,
        "typical_volume": 4.75,
        "trend": 66.365326,
        "fair_value": 48.780246,
        "relative_strength": -6.271751,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 21.526709,
        "energy": 16.60192,
        "activity_lines": [
          66.946993,
          68.020523,
          67.138716,
          66.837138
        ]
      },
      {
        "date": "2025-12-12",
        "close": 66.290588,
        "volume": 0,
        "typical_volume": 4.75,
        "trend": 66.511556,
        "fair_value": 48.973764,
        "relative_strength": -6.800032,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 18.729485,
        "energy": 13.366031,
        "activity_lines": [
          66.797515,
          67.694387,
          67.102043,
          66.832316
        ]
      },
      {
        "date": "2025-12-19",
        "close": 65.705673,
        "volume": 0,
        "typical_volume": 4.75,
        "trend": 66.605792,
        "fair_value": 49.159467,
        "relative_strength": -10.012075,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -2.548888,
        "energy": 7.23206,
        "activity_lines": [
          66.41407,
          67.210502,
          67.013377,
          66.780324
        ]
      },
      {
        "date": "2025-12-26",
        "close": 66.583046,
        "volume": 0,
        "typical_volume": 4.75,
        "trend": 66.644787,
        "fair_value": 49.333662,
        "relative_strength": -9.119903,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.096594,
        "energy": 10.202551,
        "activity_lines": [
          66.375076,
          66.85069,
          67.011985,
          66.778857
        ]
      },
      {
        "date": "2026-01-02",
        "close": 66.583046,
        "volume": 0,
        "typical_volume": 2.65,
        "trend": 66.531053,
        "fair_value": 49.507277,
        "relative_strength": -11.000017,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.49159,
        "energy": 9.681084,
        "activity_lines": [
          66.34908,
          66.618495,
          67.00595,
          66.774873
        ]
      },
      {
        "date": "2026-01-09",
        "close": 73.114616,
        "volume": 109,
        "typical_volume": 8.1,
        "trend": 66.726025,
        "fair_value": 49.73757,
        "relative_strength": -3.320704,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 63.258498,
        "energy": 37.510854,
        "activity_lines": [
          68.623756,
          67.726292,
          67.620577,
          67.199619
        ]
      },
      {
        "date": "2026-01-16",
        "close": 85.59285,
        "volume": 149,
        "typical_volume": 15.55,
        "trend": 67.366185,
        "fair_value": 50.037107,
        "relative_strength": 11.499893,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.783624,
        "energy": 86.10919,
        "activity_lines": [
          74.602908,
          71.070954,
          69.396218,
          68.416834
        ]
      },
      {
        "date": "2026-01-23",
        "close": 84.228043,
        "volume": 0,
        "typical_volume": 15.55,
        "trend": 68.003094,
        "fair_value": 50.328767,
        "relative_strength": 8.531356,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.302991,
        "energy": 92.995175,
        "activity_lines": [
          78.840307,
          73.805885,
          70.942998,
          69.504696
        ]
      },
      {
        "date": "2026-01-30",
        "close": 85.495354,
        "volume": 0,
        "typical_volume": 15.55,
        "trend": 68.73424,
        "fair_value": 50.633197,
        "relative_strength": 8.273233,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.97539,
        "energy": 93.665717,
        "activity_lines": [
          82.265318,
          76.448645,
          72.518096,
          70.633228
        ]
      },
      {
        "date": "2026-02-06",
        "close": 84.423012,
        "volume": 0,
        "typical_volume": 15.55,
        "trend": 69.312658,
        "fair_value": 50.931043,
        "relative_strength": 5.620456,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.491878,
        "energy": 89.455242,
        "activity_lines": [
          84.072061,
          78.556118,
          73.894043,
          71.645407
        ]
      },
      {
        "date": "2026-02-13",
        "close": 86.957649,
        "volume": 0,
        "typical_volume": 15.55,
        "trend": 69.949567,
        "fair_value": 51.243104,
        "relative_strength": 9.207567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.851276,
        "energy": 91.679151,
        "activity_lines": [
          85.534353,
          80.833748,
          75.41297,
          72.783794
        ]
      },
      {
        "date": "2026-02-20",
        "close": 91.149559,
        "volume": 109,
        "typical_volume": 21.0,
        "trend": 70.752203,
        "fair_value": 51.587553,
        "relative_strength": 10.378474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.538469,
        "energy": 94.172143,
        "activity_lines": [
          87.471079,
          83.49778,
          77.209036,
          74.151535
        ]
      },
      {
        "date": "2026-02-27",
        "close": 87.152626,
        "volume": 0,
        "typical_volume": 21.0,
        "trend": 71.441106,
        "fair_value": 51.903477,
        "relative_strength": 7.056787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.662572,
        "energy": 70.218611,
        "activity_lines": [
          87.705046,
          84.983114,
          78.492604,
          75.209627
        ]
      },
      {
        "date": "2026-03-06",
        "close": 85.007927,
        "volume": 218,
        "typical_volume": 31.9,
        "trend": 72.087764,
        "fair_value": 52.196652,
        "relative_strength": 9.718282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.488602,
        "energy": 64.557179,
        "activity_lines": [
          87.029142,
          85.688559,
          79.460502,
          76.084906
        ]
      },
      {
        "date": "2026-03-13",
        "close": 84.130554,
        "volume": 109,
        "typical_volume": 37.35,
        "trend": 72.682429,
        "fair_value": 52.491462,
        "relative_strength": 10.952447,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.351391,
        "energy": 57.490247,
        "activity_lines": [
          86.093275,
          85.899484,
          80.290527,
          76.86186
        ]
      },
      {
        "date": "2026-03-20",
        "close": 83.838097,
        "volume": 0,
        "typical_volume": 37.35,
        "trend": 73.231601,
        "fair_value": 52.793398,
        "relative_strength": 11.581031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.723642,
        "energy": 42.259034,
        "activity_lines": [
          85.07942,
          85.738189,
          81.049063,
          77.581581
        ]
      },
      {
        "date": "2026-03-27",
        "close": 88.029999,
        "volume": 109,
        "typical_volume": 42.8,
        "trend": 74.004992,
        "fair_value": 53.111172,
        "relative_strength": 15.141355,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.044544,
        "energy": 39.573339,
        "activity_lines": [
          85.670835,
          86.144086,
          82.147407,
          78.536316
        ]
      },
      {
        "date": "2026-04-03",
        "close": 87.347595,
        "volume": 0,
        "typical_volume": 42.8,
        "trend": 74.755635,
        "fair_value": 53.43183,
        "relative_strength": 10.215677,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.860605,
        "energy": 37.645943,
        "activity_lines": [
          86.242753,
          86.381597,
          83.074453,
          79.397129
        ]
      },
      {
        "date": "2026-04-10",
        "close": 91.636986,
        "volume": 0,
        "typical_volume": 42.8,
        "trend": 75.639509,
        "fair_value": 53.773597,
        "relative_strength": 8.475622,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.684981,
        "energy": 51.895666,
        "activity_lines": [
          88.23147,
          87.342279,
          84.310671,
          80.486248
        ]
      },
      {
        "date": "2026-04-17",
        "close": 94.854034,
        "volume": 0,
        "typical_volume": 41.8,
        "trend": 76.676112,
        "fair_value": 54.121757,
        "relative_strength": 9.359976,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.191588,
        "energy": 76.319383,
        "activity_lines": [
          90.8506,
          88.776212,
          85.734897,
          81.725895
        ]
      },
      {
        "date": "2026-04-24",
        "close": 89.199837,
        "volume": 0,
        "typical_volume": 40.15,
        "trend": 77.60548,
        "fair_value": 54.395635,
        "relative_strength": 6.297013,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.560199,
        "energy": 71.939939,
        "activity_lines": [
          90.870098,
          88.992455,
          86.494825,
          82.533877
        ]
      },
      {
        "date": "2026-05-01",
        "close": 87.347595,
        "volume": 0,
        "typical_volume": 40.15,
        "trend": 78.401617,
        "fair_value": 54.671867,
        "relative_strength": 3.19825,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.094503,
        "energy": 63.689433,
        "activity_lines": [
          89.914733,
          88.831159,
          86.969258,
          83.162401
        ]
      },
      {
        "date": "2026-05-08",
        "close": 88.029999,
        "volume": 19,
        "typical_volume": 41.1,
        "trend": 79.210752,
        "fair_value": 54.962152,
        "relative_strength": 2.252866,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.899652,
        "energy": 43.71094,
        "activity_lines": [
          89.232329,
          88.863063,
          87.40841,
          83.783587
        ]
      },
      {
        "date": "2026-05-15",
        "close": 81.0,
        "volume": 0,
        "typical_volume": 41.1,
        "trend": 79.457351,
        "fair_value": 55.205623,
        "relative_strength": -5.516639,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 18.23201,
        "energy": 16.60816,
        "activity_lines": [
          86.161099,
          87.600834,
          87.071731,
          83.899022
        ]
      },
      {
        "date": "2026-05-22",
        "close": 91.900002,
        "volume": 0,
        "typical_volume": 41.1,
        "trend": 80.021789,
        "fair_value": 55.531501,
        "relative_strength": 4.857182,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.443029,
        "energy": 23.422674,
        "activity_lines": [
          87.432336,
          88.393294,
          87.704496,
          84.701774
        ]
      },
      {
        "date": "2026-05-29",
        "close": 91.300003,
        "volume": 0,
        "typical_volume": 35.65,
        "trend": 80.68646,
        "fair_value": 55.862569,
        "relative_strength": 1.348699,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.292301,
        "energy": 25.14318,
        "activity_lines": [
          88.700508,
          88.935401,
          88.159562,
          85.429401
        ]
      },
      {
        "date": "2026-06-05",
        "close": 91.099998,
        "volume": 0,
        "typical_volume": 28.2,
        "trend": 81.532938,
        "fair_value": 56.185651,
        "relative_strength": 2.304078,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.738817,
        "energy": 31.514351,
        "activity_lines": [
          89.762,
          89.305473,
          88.508982,
          86.101242
        ]
      },
      {
        "date": "2026-06-12",
        "close": 87.5,
        "volume": 0,
        "typical_volume": 28.2,
        "trend": 82.233419,
        "fair_value": 56.478659,
        "relative_strength": -4.294739,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 49.67405,
        "energy": 33.723276,
        "activity_lines": [
          89.373334,
          88.965181,
          88.489321,
          86.486213
        ]
      },
      {
        "date": "2026-06-19",
        "close": 83.900002,
        "volume": 0,
        "typical_volume": 28.2,
        "trend": 82.804152,
        "fair_value": 56.760543,
        "relative_strength": -11.726184,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.145201,
        "energy": 9.555519,
        "activity_lines": [
          87.820001,
          87.967573,
          88.111222,
          86.593735
        ]
      },
      {
        "date": "2026-06-26",
        "close": 83.900002,
        "volume": 0,
        "typical_volume": 28.2,
        "trend": 83.319643,
        "fair_value": 57.044175,
        "relative_strength": -9.857806,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.05554,
        "energy": 9.990514,
        "activity_lines": [
          86.073334,
          87.110638,
          87.74072,
          86.664435
        ]
      },
      {
        "date": "2026-07-03",
        "close": 85.800003,
        "volume": 0,
        "typical_volume": 28.2,
        "trend": 83.969957,
        "fair_value": 57.33678,
        "relative_strength": -9.888751,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.272882,
        "energy": 17.268657,
        "activity_lines": [
          85.493335,
          86.798321,
          87.553661,
          86.824458
        ]
      },
      {
        "date": "2026-07-10",
        "close": 83.199997,
        "volume": 111,
        "typical_volume": 28.3,
        "trend": 84.533603,
        "fair_value": 57.603099,
        "relative_strength": -11.276879,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -20.456911,
        "energy": 24.527758,
        "activity_lines": [
          84.413334,
          86.075092,
          87.124495,
          86.774783
        ]
      },
      {
        "date": "2026-07-17",
        "close": 88.0,
        "volume": 363,
        "typical_volume": 46.45,
        "trend": 85.276748,
        "fair_value": 57.900479,
        "relative_strength": -4.223599,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 11.895551,
        "energy": 15.619821,
        "activity_lines": [
          85.46,
          86.300001,
          87.190327,
          86.998422
        ]
      },
      {
        "date": "2026-07-24",
        "close": 96.699997,
        "volume": 133,
        "typical_volume": 42.2,
        "trend": 86.280646,
        "fair_value": 58.255668,
        "relative_strength": 3.717993,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 65.421902,
        "energy": 33.486925,
        "activity_lines": [
          89.373332,
          88.107273,
          88.080695,
          87.735406
        ]
      },
      {
        "date": "2026-07-31",
        "close": 109.199997,
        "volume": 66,
        "typical_volume": 40.05,
        "trend": 87.701211,
        "fair_value": 58.691569,
        "relative_strength": 16.778308,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 85.335874,
        "energy": 79.062437,
        "activity_lines": [
          96.599998,
          91.901817,
          90.105863,
          89.214074
        ]
      },
      {
        "date": "2026-08-07",
        "close": 109.800003,
        "volume": 0,
        "typical_volume": 40.05,
        "trend": 88.924057,
        "fair_value": 59.13015,
        "relative_strength": 13.58831,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.316662,
        "energy": 91.457133,
        "activity_lines": [
          102.339999,
          95.490909,
          92.068796,
          90.639802
        ]
      }
    ],
    "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."
    }
  }
}