{
  "ticker": {
    "uuid": "3c4bc3fc-9a56-49a2-b297-d5d651099723",
    "symbol": "ARQT",
    "name": "Arcutis Biotherapeutics\u00a0Inc",
    "exchange": "NASDAQ",
    "country": "US",
    "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": "QQQ",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 77.732,
    "architecture_regime": "rotation_up",
    "architecture_regime_label": "Rotation Up",
    "architecture_modifier": "Value reclamation",
    "architecture_gate": "up",
    "architecture_direction": 54.417,
    "architecture_energy": 35.508,
    "architecture_maturity": 24.959,
    "architecture_confidence": 53.83,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The Activity Line structure is rotating upward.",
        "body": "Fast Activity is improving relative to Slow Activity and price acceptance is strengthening. This is earlier than full positive Trend confirmation and remains a developing repair."
      },
      "scores": {
        "balance": 34.26,
        "rotation_up": 49.54,
        "upward_expansion": 75.07,
        "deceleration": 67.74,
        "rotation_down": 19.26,
        "downward_expansion": 4.07
      },
      "activity_lines": [
        26.710667,
        26.636,
        25.168095,
        24.714129
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Stable",
      "price_acceptance": 0.5
    },
    "latest_close": 25.29,
    "trend_reference": 24.577167,
    "distance_from_trend": 0.029004,
    "trend_direction": "Weakening",
    "fair_value": 14.534135,
    "distance_from_fair_value": 0.740042,
    "fair_value_direction": "Improving",
    "relative_strength": -7.492928,
    "relative_strength_direction": "Improving",
    "price_momentum": -0.074305,
    "excess_performance": -0.261758,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.029004,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.030799,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.740042,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.141583,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.074929,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.088221,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.074305,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.409733,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 11671913,
      "relative_activity": 1.504878,
      "balance": 1.409733,
      "dry_up": 0.958667,
      "accumulation_observations": 5,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.105758,
      "annualized_volatility": 0.426137,
      "from_high_reference": -0.203966,
      "from_low_reference": 0.802566
    },
    "levels": {
      "trend_reference": 24.577167,
      "fair_value_reference": 14.534135,
      "structural_low": 19.295,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": 0.040682,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": 0.075217,
        "regime_survival": 0.6,
        "best_return": 0.697108,
        "worst_return": -0.147408,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 2,
        "median_return": 0.17202,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.233605,
        "regime_survival": 0.0,
        "best_return": 0.193303,
        "worst_return": 0.150737,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.182141,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.278722,
        "regime_survival": 0.0,
        "best_return": 0.47793,
        "worst_return": -0.113647,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.213804,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.137759,
        "regime_survival": 0.0,
        "best_return": 0.767123,
        "worst_return": -0.339515,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-02-09",
        "end": "2024-03-08",
        "tenure": "Developing",
        "return": 0.697108,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-03-15",
        "end": "2024-04-12",
        "tenure": "Developing",
        "return": -0.043152,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-04-19",
        "end": "2024-07-12",
        "tenure": "Established",
        "return": 0.167033,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2024-08-09",
        "tenure": "New",
        "return": -0.004103,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-08-16",
        "end": "2024-11-29",
        "tenure": "Established",
        "return": 0.535925,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-06",
        "end": "2025-01-31",
        "tenure": "Developing",
        "return": 0.067742,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-07",
        "end": "2025-03-07",
        "tenure": "Developing",
        "return": 0.267873,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-03-14",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": -0.034884,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-23",
        "end": "2025-08-15",
        "tenure": "Established",
        "return": 0.208155,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-22",
        "end": "2026-01-09",
        "tenure": "Established",
        "return": 0.765405,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-01-16",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.140812,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-27",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.096136,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-05-01",
        "end": "2026-06-26",
        "tenure": "Developing",
        "return": 0.156317,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-07-03",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.020147,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 7.82,
        "volume": 4671302,
        "typical_volume": 5486044.3,
        "trend": 11.708,
        "fair_value": 20.446154,
        "relative_strength": -54.470373,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.753142,
        "energy": 41.646714,
        "activity_lines": [
          9.109333,
          9.388727,
          9.706762,
          10.410323
        ]
      },
      {
        "date": "2023-08-25",
        "close": 7.74,
        "volume": 10282852,
        "typical_volume": 5769827.9,
        "trend": 11.414,
        "fair_value": 20.338077,
        "relative_strength": -54.593513,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.868238,
        "energy": 65.469155,
        "activity_lines": [
          8.492,
          9.076909,
          9.44981,
          10.154323
        ]
      },
      {
        "date": "2023-09-01",
        "close": 8.96,
        "volume": 4509853,
        "typical_volume": 5645963.1,
        "trend": 11.157,
        "fair_value": 20.239103,
        "relative_strength": -48.077284,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -58.7929,
        "energy": 61.166047,
        "activity_lines": [
          8.464667,
          9.020545,
          9.329476,
          9.996
        ]
      },
      {
        "date": "2023-09-08",
        "close": 7.42,
        "volume": 3303723,
        "typical_volume": 5612170.7,
        "trend": 10.849,
        "fair_value": 20.13641,
        "relative_strength": -55.542417,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.671122,
        "energy": 69.984979,
        "activity_lines": [
          8.050667,
          8.680909,
          9.085952,
          9.754903
        ]
      },
      {
        "date": "2023-09-15",
        "close": 6.81,
        "volume": 6282544,
        "typical_volume": 5775130.65,
        "trend": 10.510333,
        "fair_value": 20.011218,
        "relative_strength": -58.217373,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.646006,
        "energy": 70.327405,
        "activity_lines": [
          7.594,
          8.268727,
          8.814714,
          9.494323
        ]
      },
      {
        "date": "2023-09-22",
        "close": 5.38,
        "volume": 5721327,
        "typical_volume": 5846946.7,
        "trend": 10.167667,
        "fair_value": 19.885064,
        "relative_strength": -65.065924,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -84.002816,
        "energy": 78.74612,
        "activity_lines": [
          6.804,
          7.640909,
          8.440762,
          9.163333
        ]
      },
      {
        "date": "2023-09-29",
        "close": 5.31,
        "volume": 5182221,
        "typical_volume": 5557165.9,
        "trend": 9.826333,
        "fair_value": 19.769744,
        "relative_strength": -64.651935,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.625109,
        "energy": 85.643549,
        "activity_lines": [
          6.153333,
          7.074182,
          8.103857,
          8.849935
        ]
      },
      {
        "date": "2023-10-06",
        "close": 4.69,
        "volume": 9177907,
        "typical_volume": 5734546.8,
        "trend": 9.579667,
        "fair_value": 19.645064,
        "relative_strength": -68.480329,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -79.062544,
        "energy": 88.314417,
        "activity_lines": [
          5.458,
          6.488909,
          7.730619,
          8.518559
        ]
      },
      {
        "date": "2023-10-13",
        "close": 3.88,
        "volume": 8512430,
        "typical_volume": 5734112.35,
        "trend": 9.339333,
        "fair_value": 19.516154,
        "relative_strength": -73.190109,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -81.795105,
        "energy": 90.26673,
        "activity_lines": [
          4.777333,
          5.868545,
          7.303,
          8.150839
        ]
      },
      {
        "date": "2023-10-20",
        "close": 2.465,
        "volume": 23055988,
        "typical_volume": 6605980.5,
        "trend": 9.0805,
        "fair_value": 19.384263,
        "relative_strength": -81.955658,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -87.774503,
        "energy": 93.345729,
        "activity_lines": [
          3.861,
          5.099091,
          6.762143,
          7.707333
        ]
      },
      {
        "date": "2023-10-27",
        "close": 2.335,
        "volume": 27783867,
        "typical_volume": 7690786.55,
        "trend": 8.791667,
        "fair_value": 19.285,
        "relative_strength": -81.943666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.305347,
        "energy": 91.675677,
        "activity_lines": [
          3.191,
          4.424091,
          6.236214,
          7.27214
        ]
      },
      {
        "date": "2023-11-03",
        "close": 2.44,
        "volume": 12561387,
        "typical_volume": 7783934.5,
        "trend": 8.472,
        "fair_value": 19.183654,
        "relative_strength": -81.700788,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -74.75413,
        "energy": 88.798795,
        "activity_lines": [
          2.759,
          3.867909,
          5.7565,
          6.862355
        ]
      },
      {
        "date": "2023-11-10",
        "close": 1.905,
        "volume": 11729105,
        "typical_volume": 8055733.55,
        "trend": 8.0725,
        "fair_value": 19.06016,
        "relative_strength": -85.646613,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -77.29683,
        "energy": 90.36027,
        "activity_lines": [
          2.34,
          3.310818,
          5.259881,
          6.438677
        ]
      },
      {
        "date": "2023-11-17",
        "close": 2.04,
        "volume": 10897704,
        "typical_volume": 8275194.25,
        "trend": 7.6805,
        "fair_value": 18.925032,
        "relative_strength": -84.413704,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -71.397814,
        "energy": 85.274511,
        "activity_lines": [
          2.151667,
          2.906545,
          4.808857,
          6.049484
        ]
      },
      {
        "date": "2023-11-24",
        "close": 2.03,
        "volume": 12817573,
        "typical_volume": 8747606.9,
        "trend": 7.286833,
        "fair_value": 18.771763,
        "relative_strength": -84.106814,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -70.091295,
        "energy": 78.393323,
        "activity_lines": [
          2.082667,
          2.598273,
          4.392548,
          5.684935
        ]
      },
      {
        "date": "2023-12-01",
        "close": 1.99,
        "volume": 17200738,
        "typical_volume": 9449273.2,
        "trend": 6.867833,
        "fair_value": 18.617788,
        "relative_strength": -83.916918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.629023,
        "energy": 70.896223,
        "activity_lines": [
          2.029333,
          2.369636,
          4.00681,
          5.343204
        ]
      },
      {
        "date": "2023-12-08",
        "close": 2.16,
        "volume": 13166802,
        "typical_volume": 9888513.65,
        "trend": 6.603833,
        "fair_value": 18.446699,
        "relative_strength": -82.04171,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.956556,
        "energy": 65.066089,
        "activity_lines": [
          2.055667,
          2.233545,
          3.672738,
          5.039473
        ]
      },
      {
        "date": "2023-12-15",
        "close": 2.44,
        "volume": 24768338,
        "typical_volume": 10932141.05,
        "trend": 6.3695,
        "fair_value": 18.277083,
        "relative_strength": -79.703869,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -64.785492,
        "energy": 62.659635,
        "activity_lines": [
          2.194,
          2.205636,
          3.405,
          4.770839
        ]
      },
      {
        "date": "2023-12-22",
        "close": 2.96,
        "volume": 78215486,
        "typical_volume": 14695419.25,
        "trend": 6.188167,
        "fair_value": 18.10625,
        "relative_strength": -74.852183,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -52.361366,
        "energy": 54.356303,
        "activity_lines": [
          2.47,
          2.313182,
          3.226881,
          4.550871
        ]
      },
      {
        "date": "2023-12-29",
        "close": 3.23,
        "volume": 23687952,
        "typical_volume": 15676454.95,
        "trend": 6.0225,
        "fair_value": 17.946635,
        "relative_strength": -71.743085,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.997946,
        "energy": 44.964278,
        "activity_lines": [
          2.774667,
          2.486545,
          3.10719,
          4.360022
        ]
      },
      {
        "date": "2024-01-05",
        "close": 3.71,
        "volume": 36662262,
        "typical_volume": 17276002.95,
        "trend": 5.814833,
        "fair_value": 17.789904,
        "relative_strength": -65.381254,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.687713,
        "energy": 30.690391,
        "activity_lines": [
          3.159333,
          2.733273,
          3.0605,
          4.210828
        ]
      },
      {
        "date": "2024-01-12",
        "close": 3.64,
        "volume": 21463152,
        "typical_volume": 17835017.95,
        "trend": 5.6165,
        "fair_value": 17.629712,
        "relative_strength": -66.089724,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -30.874876,
        "energy": 32.213914,
        "activity_lines": [
          3.406,
          2.942273,
          3.026714,
          4.070516
        ]
      },
      {
        "date": "2024-01-19",
        "close": 3.25,
        "volume": 11231381,
        "typical_volume": 18171094.35,
        "trend": 5.432167,
        "fair_value": 17.478686,
        "relative_strength": -69.433988,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -19.055556,
        "energy": 28.218027,
        "activity_lines": [
          3.424,
          3.058545,
          2.97531,
          3.917839
        ]
      },
      {
        "date": "2024-01-26",
        "close": 5.3,
        "volume": 31902812,
        "typical_volume": 19601048.8,
        "trend": 5.291167,
        "fair_value": 17.337724,
        "relative_strength": -48.754292,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": 22.369906,
        "energy": 34.04382,
        "activity_lines": [
          4.071333,
          3.523091,
          3.146333,
          3.909312
        ]
      },
      {
        "date": "2024-02-02",
        "close": 6.07,
        "volume": 39316407,
        "typical_volume": 21252741.95,
        "trend": 5.185167,
        "fair_value": 17.152019,
        "relative_strength": -40.100707,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": 29.23523,
        "energy": 43.33195,
        "activity_lines": [
          4.819333,
          4.068364,
          3.400786,
          3.959559
        ]
      },
      {
        "date": "2024-02-09",
        "close": 6.57,
        "volume": 17473714,
        "typical_volume": 21840361.3,
        "trend": 5.0895,
        "fair_value": 16.969263,
        "relative_strength": -34.165023,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 48.495457,
        "energy": 70.470483,
        "activity_lines": [
          5.544667,
          4.631091,
          3.706381,
          4.048903
        ]
      },
      {
        "date": "2024-02-16",
        "close": 9.3,
        "volume": 26937010,
        "typical_volume": 22928100.75,
        "trend": 5.049833,
        "fair_value": 16.797212,
        "relative_strength": -2.521682,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 57.576413,
        "energy": 82.002693,
        "activity_lines": [
          6.989333,
          5.606909,
          4.26631,
          4.320548
        ]
      },
      {
        "date": "2024-02-23",
        "close": 9.68,
        "volume": 17742018,
        "typical_volume": 23356306.3,
        "trend": 5.0105,
        "fair_value": 16.640224,
        "relative_strength": 2.86355,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 62.979468,
        "energy": 86.372257,
        "activity_lines": [
          8.183333,
          6.522,
          4.843429,
          4.619269
        ]
      },
      {
        "date": "2024-03-01",
        "close": 11.77,
        "volume": 36555814,
        "typical_volume": 24758475.5,
        "trend": 5.075167,
        "fair_value": 16.515353,
        "relative_strength": 25.487883,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 67.430354,
        "energy": 88.157434,
        "activity_lines": [
          9.645333,
          7.685455,
          5.595833,
          5.055366
        ]
      },
      {
        "date": "2024-03-08",
        "close": 11.15,
        "volume": 17792907,
        "typical_volume": 24495321.45,
        "trend": 5.148167,
        "fair_value": 16.378173,
        "relative_strength": 22.54197,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 79.63414,
        "energy": 92.273084,
        "activity_lines": [
          10.469333,
          8.576,
          6.251619,
          5.44729
        ]
      },
      {
        "date": "2024-03-15",
        "close": 10.66,
        "volume": 27595772,
        "typical_volume": 24485916.7,
        "trend": 5.242833,
        "fair_value": 16.248878,
        "relative_strength": 19.868557,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.20882,
        "energy": 86.841701,
        "activity_lines": [
          10.791333,
          9.233455,
          6.819381,
          5.802892
        ]
      },
      {
        "date": "2024-03-22",
        "close": 9.61,
        "volume": 17666556,
        "typical_volume": 24741175.15,
        "trend": 5.305167,
        "fair_value": 16.13016,
        "relative_strength": 6.060258,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.320175,
        "energy": 66.440369,
        "activity_lines": [
          10.490667,
          9.573636,
          7.2475,
          6.084645
        ]
      },
      {
        "date": "2024-03-29",
        "close": 9.91,
        "volume": 12541468,
        "typical_volume": 24781793.3,
        "trend": 5.336833,
        "fair_value": 16.003045,
        "relative_strength": 11.239078,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.306663,
        "energy": 62.133788,
        "activity_lines": [
          10.269333,
          9.859818,
          7.670048,
          6.381731
        ]
      },
      {
        "date": "2024-04-05",
        "close": 11.34,
        "volume": 14229063,
        "typical_volume": 24948361.25,
        "trend": 5.4675,
        "fair_value": 15.905096,
        "relative_strength": 29.848411,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.32719,
        "energy": 60.468808,
        "activity_lines": [
          10.509333,
          10.284909,
          8.190667,
          6.769032
        ]
      },
      {
        "date": "2024-04-12",
        "close": 10.2,
        "volume": 18593062,
        "typical_volume": 25237135.7,
        "trend": 5.5805,
        "fair_value": 15.794071,
        "relative_strength": 19.776461,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.894602,
        "energy": 47.798671,
        "activity_lines": [
          10.398,
          10.392909,
          8.558429,
          7.074355
        ]
      },
      {
        "date": "2024-04-19",
        "close": 9.1,
        "volume": 14502995,
        "typical_volume": 25102248.55,
        "trend": 5.7045,
        "fair_value": 15.666699,
        "relative_strength": 15.452448,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.980517,
        "energy": 37.787628,
        "activity_lines": [
          9.983333,
          10.225818,
          8.782524,
          7.301419
        ]
      },
      {
        "date": "2024-04-26",
        "close": 8.47,
        "volume": 9241625,
        "typical_volume": 24905989.7,
        "trend": 5.809833,
        "fair_value": 15.50625,
        "relative_strength": 5.905295,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.389895,
        "energy": 30.684142,
        "activity_lines": [
          9.462667,
          9.898182,
          8.912762,
          7.479839
        ]
      },
      {
        "date": "2024-05-03",
        "close": 8.0,
        "volume": 11005201,
        "typical_volume": 24217832.85,
        "trend": 5.920167,
        "fair_value": 15.33875,
        "relative_strength": 1.851951,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.149853,
        "energy": 23.326778,
        "activity_lines": [
          8.861333,
          9.500182,
          8.96819,
          7.62114
        ]
      },
      {
        "date": "2024-05-10",
        "close": 7.84,
        "volume": 12808534,
        "typical_volume": 20947485.25,
        "trend": 6.052167,
        "fair_value": 15.223942,
        "relative_strength": -0.236528,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.526082,
        "energy": 24.171177,
        "activity_lines": [
          8.334,
          9.103636,
          8.981905,
          7.745
        ]
      },
      {
        "date": "2024-05-17",
        "close": 9.2,
        "volume": 28654089,
        "typical_volume": 21195792.1,
        "trend": 6.276667,
        "fair_value": 15.120417,
        "relative_strength": 15.551285,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.597055,
        "energy": 19.405555,
        "activity_lines": [
          8.493333,
          9.025818,
          9.101905,
          7.948086
        ]
      },
      {
        "date": "2024-05-24",
        "close": 9.16,
        "volume": 13198255,
        "typical_volume": 20022591.75,
        "trend": 6.504167,
        "fair_value": 15.010224,
        "relative_strength": 14.024917,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.616737,
        "energy": 14.973253,
        "activity_lines": [
          8.706,
          8.976182,
          9.189667,
          8.134108
        ]
      },
      {
        "date": "2024-05-31",
        "close": 8.36,
        "volume": 12129786,
        "typical_volume": 19555923.45,
        "trend": 6.7015,
        "fair_value": 14.894712,
        "relative_strength": 6.288881,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.338364,
        "energy": 11.658006,
        "activity_lines": [
          8.648,
          8.808364,
          9.175286,
          8.253839
        ]
      },
      {
        "date": "2024-06-07",
        "close": 7.24,
        "volume": 10805575,
        "typical_volume": 19534633.15,
        "trend": 6.879333,
        "fair_value": 14.759327,
        "relative_strength": -9.125842,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.407962,
        "energy": 5.341827,
        "activity_lines": [
          8.224,
          8.459636,
          9.031762,
          8.288581
        ]
      },
      {
        "date": "2024-06-14",
        "close": 8.63,
        "volume": 13347609,
        "typical_volume": 18606873.0,
        "trend": 7.099,
        "fair_value": 14.639327,
        "relative_strength": 5.623479,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.724824,
        "energy": 10.082602,
        "activity_lines": [
          8.314,
          8.412182,
          9.001619,
          8.401527
        ]
      },
      {
        "date": "2024-06-21",
        "close": 8.49,
        "volume": 15533123,
        "typical_volume": 17417708.8,
        "trend": 7.314333,
        "fair_value": 14.518173,
        "relative_strength": 4.481188,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.435893,
        "energy": 11.360911,
        "activity_lines": [
          8.304667,
          8.388545,
          8.942286,
          8.491269
        ]
      },
      {
        "date": "2024-06-28",
        "close": 9.3,
        "volume": 16181480,
        "typical_volume": 17353097.1,
        "trend": 7.558,
        "fair_value": 14.408878,
        "relative_strength": 15.380264,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.347972,
        "energy": 12.980038,
        "activity_lines": [
          8.612667,
          8.543273,
          8.948571,
          8.619376
        ]
      },
      {
        "date": "2024-07-05",
        "close": 10.49,
        "volume": 8707909,
        "typical_volume": 16441642.05,
        "trend": 7.835667,
        "fair_value": 14.306314,
        "relative_strength": 26.290822,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.806166,
        "energy": 28.918331,
        "activity_lines": [
          9.308,
          8.910727,
          9.05519,
          8.808538
        ]
      },
      {
        "date": "2024-07-12",
        "close": 10.62,
        "volume": 19070804,
        "typical_volume": 16508081.35,
        "trend": 8.108333,
        "fair_value": 14.210288,
        "relative_strength": 28.736382,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 61.130249,
        "energy": 47.871825,
        "activity_lines": [
          9.904667,
          9.265091,
          9.168524,
          8.988172
        ]
      },
      {
        "date": "2024-07-19",
        "close": 9.75,
        "volume": 9037215,
        "typical_volume": 15132151.4,
        "trend": 8.334667,
        "fair_value": 14.116506,
        "relative_strength": 24.148464,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.199857,
        "energy": 46.934662,
        "activity_lines": [
          9.986,
          9.413636,
          9.194524,
          9.094086
        ]
      },
      {
        "date": "2024-07-26",
        "close": 10.07,
        "volume": 8961404,
        "typical_volume": 14690576.25,
        "trend": 8.562667,
        "fair_value": 14.031506,
        "relative_strength": 32.665629,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.470618,
        "energy": 50.798898,
        "activity_lines": [
          10.099333,
          9.585636,
          9.260619,
          9.206043
        ]
      },
      {
        "date": "2024-08-02",
        "close": 9.25,
        "volume": 10881321,
        "typical_volume": 13854853.7,
        "trend": 8.747333,
        "fair_value": 13.953301,
        "relative_strength": 26.614044,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.670463,
        "energy": 31.249406,
        "activity_lines": [
          9.834,
          9.592727,
          9.253762,
          9.250387
        ]
      },
      {
        "date": "2024-08-09",
        "close": 9.71,
        "volume": 10212438,
        "typical_volume": 13482147.8,
        "trend": 8.949667,
        "fair_value": 13.884263,
        "relative_strength": 32.903509,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 34.037979,
        "energy": 17.308683,
        "activity_lines": [
          9.725333,
          9.681818,
          9.297429,
          9.312495
        ]
      },
      {
        "date": "2024-08-16",
        "close": 8.49,
        "volume": 16800937,
        "typical_volume": 13695121.25,
        "trend": 9.124333,
        "fair_value": 13.808878,
        "relative_strength": 10.722316,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 6.885627,
        "energy": 5.856265,
        "activity_lines": [
          9.262,
          9.524545,
          9.224429,
          9.282839
        ]
      },
      {
        "date": "2024-08-23",
        "close": 9.83,
        "volume": 13103927,
        "typical_volume": 13638864.45,
        "trend": 9.275333,
        "fair_value": 13.732853,
        "relative_strength": 27.011282,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.940766,
        "energy": 11.518594,
        "activity_lines": [
          9.387333,
          9.588182,
          9.28581,
          9.328366
        ]
      },
      {
        "date": "2024-08-30",
        "close": 10.88,
        "volume": 10047331,
        "typical_volume": 13211577.9,
        "trend": 9.435667,
        "fair_value": 13.663814,
        "relative_strength": 41.856544,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 28.318486,
        "energy": 15.031235,
        "activity_lines": [
          9.857333,
          9.820909,
          9.454381,
          9.431892
        ]
      },
      {
        "date": "2024-09-06",
        "close": 10.36,
        "volume": 5247250,
        "typical_volume": 12748790.65,
        "trend": 9.562,
        "fair_value": 13.594647,
        "relative_strength": 42.86141,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 21.594842,
        "energy": 20.666165,
        "activity_lines": [
          10.1,
          9.915636,
          9.57019,
          9.491527
        ]
      },
      {
        "date": "2024-09-13",
        "close": 10.66,
        "volume": 7265668,
        "typical_volume": 12649992.8,
        "trend": 9.607333,
        "fair_value": 13.51766,
        "relative_strength": 38.110335,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 29.252814,
        "energy": 38.677575,
        "activity_lines": [
          10.368667,
          10.045636,
          9.708571,
          9.562366
        ]
      },
      {
        "date": "2024-09-20",
        "close": 10.15,
        "volume": 14100422,
        "typical_volume": 12804753.85,
        "trend": 9.623,
        "fair_value": 13.434135,
        "relative_strength": 28.664577,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 24.033586,
        "energy": 35.911642,
        "activity_lines": [
          10.404,
          10.079818,
          9.787952,
          9.597376
        ]
      },
      {
        "date": "2024-09-27",
        "close": 9.36,
        "volume": 9051729,
        "typical_volume": 12616913.6,
        "trend": 9.542667,
        "fair_value": 13.332532,
        "relative_strength": 16.844118,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 42.420601,
        "energy": 24.303926,
        "activity_lines": [
          10.065333,
          9.978909,
          9.781857,
          9.580409
        ]
      },
      {
        "date": "2024-10-04",
        "close": 10.02,
        "volume": 10244213,
        "typical_volume": 11696419.8,
        "trend": 9.505,
        "fair_value": 13.253558,
        "relative_strength": 23.835125,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 35.197949,
        "energy": 16.303269,
        "activity_lines": [
          9.978,
          10.005091,
          9.831381,
          9.611204
        ]
      },
      {
        "date": "2024-10-11",
        "close": 9.79,
        "volume": 6761985,
        "typical_volume": 11374606.3,
        "trend": 9.476,
        "fair_value": 13.173494,
        "relative_strength": 18.258248,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.146154,
        "energy": 14.852598,
        "activity_lines": [
          9.871333,
          9.990364,
          9.855095,
          9.629591
        ]
      },
      {
        "date": "2024-10-18",
        "close": 8.72,
        "volume": 7211924,
        "typical_volume": 11128713.2,
        "trend": 9.446333,
        "fair_value": 13.091122,
        "relative_strength": 3.831086,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.849833,
        "energy": 14.332688,
        "activity_lines": [
          9.446,
          9.771273,
          9.773905,
          9.580817
        ]
      },
      {
        "date": "2024-10-25",
        "close": 8.75,
        "volume": 10520526,
        "typical_volume": 11114460.75,
        "trend": 9.407667,
        "fair_value": 13.011442,
        "relative_strength": 2.746448,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -16.412387,
        "energy": 19.507389,
        "activity_lines": [
          9.16,
          9.575636,
          9.693857,
          9.535892
        ]
      },
      {
        "date": "2024-11-01",
        "close": 8.67,
        "volume": 7008594,
        "typical_volume": 10797510.0,
        "trend": 9.318667,
        "fair_value": 12.925673,
        "relative_strength": 2.185617,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -19.267738,
        "energy": 31.549821,
        "activity_lines": [
          8.940667,
          9.360727,
          9.599,
          9.488301
        ]
      },
      {
        "date": "2024-11-08",
        "close": 10.82,
        "volume": 18821836,
        "typical_volume": 10961945.65,
        "trend": 9.339333,
        "fair_value": 12.859199,
        "relative_strength": 18.803807,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 29.319684,
        "energy": 16.974372,
        "activity_lines": [
          9.484,
          9.557818,
          9.708714,
          9.585161
        ]
      },
      {
        "date": "2024-11-15",
        "close": 9.26,
        "volume": 11228920,
        "typical_volume": 10714317.65,
        "trend": 9.344667,
        "fair_value": 12.801955,
        "relative_strength": 3.771102,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.640567,
        "energy": 6.134224,
        "activity_lines": [
          9.454,
          9.472364,
          9.658762,
          9.580043
        ]
      },
      {
        "date": "2024-11-22",
        "close": 10.14,
        "volume": 7462373,
        "typical_volume": 10652040.85,
        "trend": 9.400333,
        "fair_value": 12.760096,
        "relative_strength": 9.821886,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 32.682361,
        "energy": 16.271821,
        "activity_lines": [
          9.752667,
          9.566909,
          9.69281,
          9.631355
        ]
      },
      {
        "date": "2024-11-29",
        "close": 13.04,
        "volume": 9294581,
        "typical_volume": 10163229.7,
        "trend": 9.568333,
        "fair_value": 12.74516,
        "relative_strength": 37.181727,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 74.552803,
        "energy": 55.788149,
        "activity_lines": [
          10.923333,
          10.198182,
          10.004714,
          9.866172
        ]
      },
      {
        "date": "2024-12-06",
        "close": 12.4,
        "volume": 8712541,
        "typical_volume": 10146996.0,
        "trend": 9.720333,
        "fair_value": 12.726506,
        "relative_strength": 23.998485,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.70889,
        "energy": 69.342697,
        "activity_lines": [
          11.594667,
          10.660545,
          10.244143,
          10.04886
        ]
      },
      {
        "date": "2024-12-13",
        "close": 12.69,
        "volume": 9881714,
        "typical_volume": 10193011.5,
        "trend": 9.836667,
        "fair_value": 12.698429,
        "relative_strength": 23.693232,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.905105,
        "energy": 75.600422,
        "activity_lines": [
          12.114,
          11.120364,
          10.498571,
          10.240452
        ]
      },
      {
        "date": "2024-12-20",
        "close": 14.99,
        "volume": 15945841,
        "typical_volume": 10446237.5,
        "trend": 10.031,
        "fair_value": 12.665673,
        "relative_strength": 46.310471,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.064876,
        "energy": 86.513979,
        "activity_lines": [
          13.275333,
          11.949818,
          10.959571,
          10.572925
        ]
      },
      {
        "date": "2024-12-27",
        "close": 14.3,
        "volume": 6776243,
        "typical_volume": 10274427.75,
        "trend": 10.229,
        "fair_value": 12.624391,
        "relative_strength": 35.749334,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.138913,
        "energy": 82.96866,
        "activity_lines": [
          13.824667,
          12.559273,
          11.327524,
          10.848344
        ]
      },
      {
        "date": "2025-01-03",
        "close": 14.62,
        "volume": 6936539,
        "typical_volume": 9781207.85,
        "trend": 10.475,
        "fair_value": 12.598494,
        "relative_strength": 37.390046,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.519058,
        "energy": 82.324436,
        "activity_lines": [
          14.203333,
          13.125455,
          11.704095,
          11.131634
        ]
      },
      {
        "date": "2025-01-10",
        "close": 13.81,
        "volume": 8299968,
        "typical_volume": 9541009.9,
        "trend": 10.647667,
        "fair_value": 12.575417,
        "relative_strength": 30.456661,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.303187,
        "energy": 70.117654,
        "activity_lines": [
          14.206667,
          13.437636,
          11.974333,
          11.346796
        ]
      },
      {
        "date": "2025-01-17",
        "close": 12.68,
        "volume": 9472527,
        "typical_volume": 9512269.7,
        "trend": 10.787333,
        "fair_value": 12.557981,
        "relative_strength": 14.693646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.882924,
        "energy": 45.581062,
        "activity_lines": [
          13.739333,
          13.450909,
          12.118,
          11.477914
        ]
      },
      {
        "date": "2025-01-24",
        "close": 13.85,
        "volume": 7300977,
        "typical_volume": 9614956.05,
        "trend": 10.939,
        "fair_value": 12.552724,
        "relative_strength": 21.908878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.607897,
        "energy": 39.950226,
        "activity_lines": [
          13.662667,
          13.643091,
          12.364524,
          11.675505
        ]
      },
      {
        "date": "2025-01-31",
        "close": 13.24,
        "volume": 9570415,
        "typical_volume": 9730193.4,
        "trend": 11.030667,
        "fair_value": 12.54266,
        "relative_strength": 17.011185,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.098612,
        "energy": 27.706178,
        "activity_lines": [
          13.458667,
          13.640909,
          12.536333,
          11.823957
        ]
      },
      {
        "date": "2025-02-07",
        "close": 11.61,
        "volume": 9146019,
        "typical_volume": 9482473.25,
        "trend": 11.063667,
        "fair_value": 12.517917,
        "relative_strength": 1.842024,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.327725,
        "energy": 19.317825,
        "activity_lines": [
          12.782,
          13.286,
          12.540619,
          11.861333
        ]
      },
      {
        "date": "2025-02-14",
        "close": 12.78,
        "volume": 18134025,
        "typical_volume": 9936588.05,
        "trend": 11.164667,
        "fair_value": 12.497404,
        "relative_strength": 8.738696,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.771716,
        "energy": 17.484222,
        "activity_lines": [
          12.696,
          13.169818,
          12.649381,
          11.972065
        ]
      },
      {
        "date": "2025-02-21",
        "close": 13.02,
        "volume": 7081483,
        "typical_volume": 9778451.55,
        "trend": 11.263,
        "fair_value": 12.465545,
        "relative_strength": 13.077913,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.183413,
        "energy": 17.384345,
        "activity_lines": [
          12.758667,
          13.090364,
          12.764714,
          12.091763
        ]
      },
      {
        "date": "2025-02-28",
        "close": 13.69,
        "volume": 13016618,
        "typical_volume": 10091183.2,
        "trend": 11.411,
        "fair_value": 12.445673,
        "relative_strength": 23.047234,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.561848,
        "energy": 18.439288,
        "activity_lines": [
          13.022,
          13.126727,
          12.929571,
          12.248344
        ]
      },
      {
        "date": "2025-03-07",
        "close": 14.72,
        "volume": 12236216,
        "typical_volume": 10342397.8,
        "trend": 11.578,
        "fair_value": 12.432019,
        "relative_strength": 36.187302,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.871914,
        "energy": 33.465015,
        "activity_lines": [
          13.639333,
          13.374,
          13.173952,
          12.461828
        ]
      },
      {
        "date": "2025-03-14",
        "close": 14.62,
        "volume": 9468742,
        "typical_volume": 10289808.6,
        "trend": 11.782333,
        "fair_value": 12.417276,
        "relative_strength": 37.986367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.341293,
        "energy": 41.510063,
        "activity_lines": [
          14.124667,
          13.595455,
          13.380238,
          12.658086
        ]
      },
      {
        "date": "2025-03-21",
        "close": 17.01,
        "volume": 19948945,
        "typical_volume": 10936826.15,
        "trend": 12.021667,
        "fair_value": 12.416122,
        "relative_strength": 58.255561,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.675325,
        "energy": 69.161832,
        "activity_lines": [
          15.206,
          14.251455,
          13.78619,
          12.995355
        ]
      },
      {
        "date": "2025-03-28",
        "close": 15.73,
        "volume": 10044682,
        "typical_volume": 10497968.45,
        "trend": 12.183333,
        "fair_value": 12.386571,
        "relative_strength": 48.428135,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.530176,
        "energy": 66.179725,
        "activity_lines": [
          15.578667,
          14.616545,
          14.030524,
          13.234602
        ]
      },
      {
        "date": "2025-04-04",
        "close": 14.73,
        "volume": 14813966,
        "typical_volume": 10677220.75,
        "trend": 12.329,
        "fair_value": 12.345673,
        "relative_strength": 53.042387,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.551822,
        "energy": 54.912941,
        "activity_lines": [
          15.437333,
          14.744364,
          14.156238,
          13.398903
        ]
      },
      {
        "date": "2025-04-11",
        "close": 12.59,
        "volume": 17056085,
        "typical_volume": 11156906.35,
        "trend": 12.393333,
        "fair_value": 12.291571,
        "relative_strength": 21.234563,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.218208,
        "energy": 26.896198,
        "activity_lines": [
          14.513333,
          14.467091,
          14.052095,
          13.415742
        ]
      },
      {
        "date": "2025-04-18",
        "close": 13.01,
        "volume": 7802558,
        "typical_volume": 11082305.2,
        "trend": 12.488667,
        "fair_value": 12.245609,
        "relative_strength": 27.410916,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 25.386056,
        "energy": 14.267627,
        "activity_lines": [
          13.871333,
          14.278,
          13.976286,
          13.455527
        ]
      },
      {
        "date": "2025-04-25",
        "close": 14.61,
        "volume": 8767210,
        "typical_volume": 11085038.65,
        "trend": 12.663667,
        "fair_value": 12.20984,
        "relative_strength": 33.221317,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.782309,
        "energy": 18.800365,
        "activity_lines": [
          13.87,
          14.354364,
          14.053,
          13.592387
        ]
      },
      {
        "date": "2025-05-02",
        "close": 15.24,
        "volume": 6946429,
        "typical_volume": 10938274.4,
        "trend": 12.837667,
        "fair_value": 12.183173,
        "relative_strength": 32.942234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 37.406471,
        "energy": 19.459312,
        "activity_lines": [
          14.238667,
          14.512,
          14.17919,
          13.758602
        ]
      },
      {
        "date": "2025-05-09",
        "close": 13.53,
        "volume": 15024254,
        "typical_volume": 10892195.05,
        "trend": 12.962333,
        "fair_value": 12.154968,
        "relative_strength": 17.282872,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 24.416056,
        "energy": 10.860186,
        "activity_lines": [
          14.07,
          14.318364,
          14.130381,
          13.803269
        ]
      },
      {
        "date": "2025-05-16",
        "close": 14.11,
        "volume": 9764811,
        "typical_volume": 11041623.45,
        "trend": 13.142,
        "fair_value": 12.112981,
        "relative_strength": 13.836188,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 28.558311,
        "energy": 14.199852,
        "activity_lines": [
          14.174667,
          14.233091,
          14.143762,
          13.877312
        ]
      },
      {
        "date": "2025-05-23",
        "close": 13.98,
        "volume": 10056012,
        "typical_volume": 11197597.1,
        "trend": 13.316333,
        "fair_value": 12.068045,
        "relative_strength": 14.824054,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 19.541077,
        "energy": 9.276837,
        "activity_lines": [
          14.134667,
          14.135273,
          14.145667,
          13.931376
        ]
      },
      {
        "date": "2025-05-30",
        "close": 13.04,
        "volume": 8195724,
        "typical_volume": 11192384.9,
        "trend": 13.462,
        "fair_value": 12.015673,
        "relative_strength": 4.524012,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 7.345874,
        "energy": 7.752611,
        "activity_lines": [
          13.716667,
          13.878182,
          14.061095,
          13.913548
        ]
      },
      {
        "date": "2025-06-06",
        "close": 14.37,
        "volume": 8820285,
        "typical_volume": 11159772.8,
        "trend": 13.580333,
        "fair_value": 11.972532,
        "relative_strength": 11.816569,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 18.94842,
        "energy": 9.374123,
        "activity_lines": [
          13.846667,
          13.935091,
          14.106857,
          13.972129
        ]
      },
      {
        "date": "2025-06-13",
        "close": 13.43,
        "volume": 9686890,
        "typical_volume": 11279068.45,
        "trend": 13.719333,
        "fair_value": 11.923045,
        "relative_strength": 4.478867,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 8.671316,
        "energy": 7.432429,
        "activity_lines": [
          13.721333,
          13.845818,
          14.055048,
          13.96243
        ]
      },
      {
        "date": "2025-06-20",
        "close": 13.82,
        "volume": 7965523,
        "typical_volume": 11198823.85,
        "trend": 13.842,
        "fair_value": 11.879519,
        "relative_strength": 6.828252,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.675007,
        "energy": 8.595199,
        "activity_lines": [
          13.732667,
          13.851091,
          14.042381,
          13.968925
        ]
      },
      {
        "date": "2025-06-27",
        "close": 13.74,
        "volume": 11364426,
        "typical_volume": 11309744.2,
        "trend": 13.865333,
        "fair_value": 11.828301,
        "relative_strength": 1.535871,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -3.442087,
        "energy": 2.667223,
        "activity_lines": [
          13.736667,
          13.819455,
          14.019333,
          13.962344
        ]
      },
      {
        "date": "2025-07-04",
        "close": 13.82,
        "volume": 6389527,
        "typical_volume": 10722519.3,
        "trend": 13.912667,
        "fair_value": 11.753429,
        "relative_strength": 0.354015,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -4.071915,
        "energy": 4.053477,
        "activity_lines": [
          13.783333,
          13.789091,
          13.993762,
          13.959419
        ]
      },
      {
        "date": "2025-07-11",
        "close": 15.01,
        "volume": 9293011,
        "typical_volume": 10833095.7,
        "trend": 13.99,
        "fair_value": 11.694519,
        "relative_strength": 8.926978,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 24.028115,
        "energy": 12.615755,
        "activity_lines": [
          14.174667,
          13.989455,
          14.076571,
          14.030215
        ]
      },
      {
        "date": "2025-07-18",
        "close": 14.67,
        "volume": 8025372,
        "typical_volume": 10583533.4,
        "trend": 13.979333,
        "fair_value": 11.650609,
        "relative_strength": 4.674622,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 45.583365,
        "energy": 25.003741,
        "activity_lines": [
          14.41,
          14.132182,
          14.117524,
          14.074086
        ]
      },
      {
        "date": "2025-07-25",
        "close": 14.86,
        "volume": 6545135,
        "typical_volume": 10298979.35,
        "trend": 13.998,
        "fair_value": 11.590353,
        "relative_strength": 4.721638,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.923578,
        "energy": 35.465845,
        "activity_lines": [
          14.626,
          14.288727,
          14.171905,
          14.130903
        ]
      },
      {
        "date": "2025-08-01",
        "close": 14.29,
        "volume": 7000744,
        "typical_volume": 10175579.45,
        "trend": 13.987,
        "fair_value": 11.520737,
        "relative_strength": 2.57628,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 47.292372,
        "energy": 33.675726,
        "activity_lines": [
          14.582667,
          14.328,
          14.171333,
          14.149742
        ]
      },
      {
        "date": "2025-08-08",
        "close": 14.77,
        "volume": 11999765,
        "typical_volume": 9778120.45,
        "trend": 14.019,
        "fair_value": 11.454327,
        "relative_strength": 1.893712,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.140527,
        "energy": 34.445034,
        "activity_lines": [
          14.662667,
          14.448909,
          14.218048,
          14.200258
        ]
      },
      {
        "date": "2025-08-15",
        "close": 16.89,
        "volume": 10508539,
        "typical_volume": 9801313.3,
        "trend": 14.159333,
        "fair_value": 11.397981,
        "relative_strength": 14.967144,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 74.233639,
        "energy": 56.424433,
        "activity_lines": [
          15.386,
          14.923818,
          14.477333,
          14.385484
        ]
      },
      {
        "date": "2025-08-22",
        "close": 15.985,
        "volume": 6447420,
        "typical_volume": 9382986.0,
        "trend": 14.2305,
        "fair_value": 11.343654,
        "relative_strength": 9.221512,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.070126,
        "energy": 53.515148,
        "activity_lines": [
          15.682333,
          15.188364,
          14.644905,
          14.503269
        ]
      },
      {
        "date": "2025-08-29",
        "close": 15.52,
        "volume": 5773226,
        "typical_volume": 8818843.05,
        "trend": 14.3065,
        "fair_value": 11.28859,
        "relative_strength": 5.9986,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.079357,
        "energy": 53.887612,
        "activity_lines": [
          15.736,
          15.321909,
          14.762214,
          14.586462
        ]
      },
      {
        "date": "2025-09-05",
        "close": 17.15,
        "volume": 7400183,
        "typical_volume": 8798724.3,
        "trend": 14.491167,
        "fair_value": 11.267564,
        "relative_strength": 15.413726,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.891422,
        "energy": 66.540285,
        "activity_lines": [
          16.289,
          15.720909,
          15.02081,
          14.769914
        ]
      },
      {
        "date": "2025-09-12",
        "close": 17.29,
        "volume": 9737227,
        "typical_volume": 8847225.15,
        "trend": 14.6415,
        "fair_value": 11.263974,
        "relative_strength": 13.667047,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.823298,
        "energy": 65.253734,
        "activity_lines": [
          16.698,
          16.083364,
          15.273024,
          14.950484
        ]
      },
      {
        "date": "2025-09-19",
        "close": 17.38,
        "volume": 8198700,
        "typical_volume": 8909838.7,
        "trend": 14.786833,
        "fair_value": 11.258782,
        "relative_strength": 11.192809,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.861971,
        "energy": 65.00209,
        "activity_lines": [
          16.969,
          16.399091,
          15.521048,
          15.127161
        ]
      },
      {
        "date": "2025-09-26",
        "close": 17.57,
        "volume": 6662307,
        "typical_volume": 8491741.35,
        "trend": 14.916167,
        "fair_value": 11.24891,
        "relative_strength": 12.077941,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.028934,
        "energy": 67.595392,
        "activity_lines": [
          17.270667,
          16.706273,
          15.776976,
          15.30672
        ]
      },
      {
        "date": "2025-10-03",
        "close": 19.92,
        "volume": 15603942,
        "typical_volume": 8783697.9,
        "trend": 15.0895,
        "fair_value": 11.25391,
        "relative_strength": 24.425765,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.48241,
        "energy": 75.920335,
        "activity_lines": [
          18.25,
          17.388,
          16.237476,
          15.629548
        ]
      },
      {
        "date": "2025-10-10",
        "close": 20.05,
        "volume": 10051672,
        "typical_volume": 8783480.9,
        "trend": 15.2705,
        "fair_value": 11.262949,
        "relative_strength": 26.851576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.640766,
        "energy": 79.28082,
        "activity_lines": [
          18.979333,
          18.001364,
          16.68269,
          15.949581
        ]
      },
      {
        "date": "2025-10-17",
        "close": 20.88,
        "volume": 7977825,
        "typical_volume": 8772585.95,
        "trend": 15.3995,
        "fair_value": 11.284744,
        "relative_strength": 27.407124,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.902453,
        "energy": 84.989591,
        "activity_lines": [
          19.792,
          18.660909,
          17.178048,
          16.311484
        ]
      },
      {
        "date": "2025-10-24",
        "close": 20.11,
        "volume": 6452994,
        "typical_volume": 8654221.4,
        "trend": 15.5455,
        "fair_value": 11.301474,
        "relative_strength": 18.84102,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.641219,
        "energy": 79.748247,
        "activity_lines": [
          20.108667,
          19.069364,
          17.562738,
          16.615387
        ]
      },
      {
        "date": "2025-10-31",
        "close": 25.31,
        "volume": 24699954,
        "typical_volume": 9404874.6,
        "trend": 15.898167,
        "fair_value": 11.348462,
        "relative_strength": 44.460132,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.43716,
        "energy": 89.358714,
        "activity_lines": [
          21.976667,
          20.364727,
          18.415333,
          17.245355
        ]
      },
      {
        "date": "2025-11-07",
        "close": 24.23,
        "volume": 13329357,
        "typical_volume": 9673066.3,
        "trend": 16.286167,
        "fair_value": 11.38141,
        "relative_strength": 40.872758,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.036745,
        "energy": 88.327906,
        "activity_lines": [
          22.968667,
          21.294182,
          19.1085,
          17.782892
        ]
      },
      {
        "date": "2025-11-14",
        "close": 25.0,
        "volume": 12112288,
        "typical_volume": 9710459.4,
        "trend": 16.685833,
        "fair_value": 11.421667,
        "relative_strength": 43.37859,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.614827,
        "energy": 87.474528,
        "activity_lines": [
          23.93,
          22.205273,
          19.825429,
          18.345075
        ]
      },
      {
        "date": "2025-11-21",
        "close": 29.49,
        "volume": 16784790,
        "typical_volume": 10230222.55,
        "trend": 17.181833,
        "fair_value": 11.495513,
        "relative_strength": 71.088805,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.275319,
        "energy": 95.661947,
        "activity_lines": [
          26.058,
          23.79,
          20.916357,
          19.171151
        ]
      },
      {
        "date": "2025-11-28",
        "close": 30.65,
        "volume": 8525302,
        "typical_volume": 10191837.1,
        "trend": 17.6955,
        "fair_value": 11.579744,
        "relative_strength": 66.828124,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.845658,
        "energy": 95.161513,
        "activity_lines": [
          27.998667,
          25.363818,
          22.043143,
          20.040065
        ]
      },
      {
        "date": "2025-12-05",
        "close": 31.2,
        "volume": 8774409,
        "typical_volume": 10229288.95,
        "trend": 18.2845,
        "fair_value": 11.670769,
        "relative_strength": 65.322323,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.609743,
        "energy": 93.424445,
        "activity_lines": [
          29.42,
          26.796364,
          23.147833,
          20.911323
        ]
      },
      {
        "date": "2025-12-12",
        "close": 29.02,
        "volume": 9993025,
        "typical_volume": 10401683.45,
        "trend": 18.7815,
        "fair_value": 11.754487,
        "relative_strength": 54.454592,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.125935,
        "energy": 83.330401,
        "activity_lines": [
          29.722,
          27.584727,
          23.96619,
          21.603935
        ]
      },
      {
        "date": "2025-12-19",
        "close": 28.01,
        "volume": 12919276,
        "typical_volume": 10697610.05,
        "trend": 19.249167,
        "fair_value": 11.842372,
        "relative_strength": 46.744559,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.012336,
        "energy": 65.825891,
        "activity_lines": [
          29.368,
          28.024,
          24.620929,
          22.199323
        ]
      },
      {
        "date": "2025-12-26",
        "close": 28.97,
        "volume": 5282631,
        "typical_volume": 10361753.35,
        "trend": 19.780167,
        "fair_value": 11.933205,
        "relative_strength": 48.176041,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.098607,
        "energy": 61.026112,
        "activity_lines": [
          29.133333,
          28.493091,
          25.301762,
          22.826473
        ]
      },
      {
        "date": "2026-01-02",
        "close": 29.0,
        "volume": 6916237,
        "typical_volume": 10182138.25,
        "trend": 20.267833,
        "fair_value": 12.022885,
        "relative_strength": 49.198588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.508564,
        "energy": 54.758298,
        "activity_lines": [
          28.943333,
          28.820545,
          25.917833,
          23.421301
        ]
      },
      {
        "date": "2026-01-09",
        "close": 28.22,
        "volume": 8236210,
        "typical_volume": 10271577.75,
        "trend": 20.760833,
        "fair_value": 12.113269,
        "relative_strength": 40.54465,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.42185,
        "energy": 44.348275,
        "activity_lines": [
          28.603333,
          28.844545,
          26.401952,
          23.934344
        ]
      },
      {
        "date": "2026-01-16",
        "close": 25.85,
        "volume": 9538299,
        "typical_volume": 10459831.4,
        "trend": 21.161833,
        "fair_value": 12.174872,
        "relative_strength": 28.53264,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.113133,
        "energy": 34.486892,
        "activity_lines": [
          27.672,
          28.384727,
          26.602095,
          24.262677
        ]
      },
      {
        "date": "2026-01-23",
        "close": 26.2,
        "volume": 5752843,
        "typical_volume": 10377464.4,
        "trend": 21.577167,
        "fair_value": 12.236667,
        "relative_strength": 28.75957,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.465963,
        "energy": 25.254459,
        "activity_lines": [
          27.068667,
          27.959091,
          26.786381,
          24.58772
        ]
      },
      {
        "date": "2026-01-30",
        "close": 25.37,
        "volume": 4796991,
        "typical_volume": 10130452.6,
        "trend": 21.962167,
        "fair_value": 12.292436,
        "relative_strength": 23.735386,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.414547,
        "energy": 25.337568,
        "activity_lines": [
          26.309333,
          27.360727,
          26.848524,
          24.832419
        ]
      },
      {
        "date": "2026-02-06",
        "close": 27.32,
        "volume": 7625724,
        "typical_volume": 10101803.8,
        "trend": 22.3725,
        "fair_value": 12.360769,
        "relative_strength": 34.156277,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.904048,
        "energy": 23.864244,
        "activity_lines": [
          26.44,
          27.191818,
          27.057905,
          25.178086
        ]
      },
      {
        "date": "2026-02-13",
        "close": 25.86,
        "volume": 4142030,
        "typical_volume": 9975789.95,
        "trend": 22.7455,
        "fair_value": 12.417756,
        "relative_strength": 27.219082,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.190322,
        "energy": 16.87054,
        "activity_lines": [
          26.196,
          26.818,
          27.080905,
          25.403086
        ]
      },
      {
        "date": "2026-02-20",
        "close": 25.415,
        "volume": 6240467,
        "typical_volume": 9507616.2,
        "trend": 23.097333,
        "fair_value": 12.480288,
        "relative_strength": 22.438525,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.567138,
        "energy": 14.555928,
        "activity_lines": [
          25.961,
          26.460364,
          27.022048,
          25.575312
        ]
      },
      {
        "date": "2026-02-27",
        "close": 26.97,
        "volume": 8850815,
        "typical_volume": 9447573.35,
        "trend": 23.52,
        "fair_value": 12.553494,
        "relative_strength": 28.993769,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.741579,
        "energy": 11.473371,
        "activity_lines": [
          26.273333,
          26.451,
          27.085119,
          25.825161
        ]
      },
      {
        "date": "2026-03-06",
        "close": 24.0,
        "volume": 7710364,
        "typical_volume": 9434200.3,
        "trend": 23.827667,
        "fair_value": 12.62984,
        "relative_strength": 15.590316,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.95702,
        "energy": 10.196774,
        "activity_lines": [
          25.544333,
          25.920545,
          26.832381,
          25.856129
        ]
      },
      {
        "date": "2026-03-13",
        "close": 22.75,
        "volume": 4953816,
        "typical_volume": 9359241.4,
        "trend": 24.023,
        "fair_value": 12.704583,
        "relative_strength": 10.212325,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -11.793768,
        "energy": 23.925119,
        "activity_lines": [
          24.49,
          25.253182,
          26.445738,
          25.786602
        ]
      },
      {
        "date": "2026-03-20",
        "close": 22.21,
        "volume": 9901847,
        "typical_volume": 8619336.05,
        "trend": 24.2305,
        "fair_value": 12.781378,
        "relative_strength": 9.593808,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -33.829452,
        "energy": 46.215074,
        "activity_lines": [
          23.560333,
          24.601273,
          25.995095,
          25.669634
        ]
      },
      {
        "date": "2026-03-27",
        "close": 21.22,
        "volume": 5023676,
        "typical_volume": 8204052.0,
        "trend": 24.4205,
        "fair_value": 12.846891,
        "relative_strength": 7.960458,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -47.878528,
        "energy": 63.206612,
        "activity_lines": [
          22.544,
          23.878636,
          25.464929,
          25.475409
        ]
      },
      {
        "date": "2026-04-03",
        "close": 23.63,
        "volume": 5819953,
        "typical_volume": 7889435.25,
        "trend": 24.6365,
        "fair_value": 12.92125,
        "relative_strength": 15.277033,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.410805,
        "energy": 54.809581,
        "activity_lines": [
          22.610667,
          23.678364,
          25.178619,
          25.424409
        ]
      },
      {
        "date": "2026-04-10",
        "close": 24.21,
        "volume": 5069084,
        "typical_volume": 7303649.95,
        "trend": 24.867167,
        "fair_value": 12.987404,
        "relative_strength": 12.337689,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.488998,
        "energy": 36.684018,
        "activity_lines": [
          23.093333,
          23.630273,
          24.954071,
          25.396892
        ]
      },
      {
        "date": "2026-04-17",
        "close": 24.53,
        "volume": 5259591,
        "typical_volume": 7140364.4,
        "trend": 25.1055,
        "fair_value": 13.056186,
        "relative_strength": 6.708107,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -15.904772,
        "energy": 18.313161,
        "activity_lines": [
          23.668667,
          23.661455,
          24.785143,
          25.37514
        ]
      },
      {
        "date": "2026-04-24",
        "close": 23.26,
        "volume": 4854966,
        "typical_volume": 6944392.25,
        "trend": 25.295167,
        "fair_value": 13.116571,
        "relative_strength": -1.213287,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -41.937183,
        "energy": 21.805877,
        "activity_lines": [
          23.702,
          23.512455,
          24.524405,
          25.256075
        ]
      },
      {
        "date": "2026-05-01",
        "close": 23.35,
        "volume": 5361865,
        "typical_volume": 6712834.25,
        "trend": 25.4095,
        "fair_value": 13.172917,
        "relative_strength": -2.51857,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.602366,
        "energy": 20.731915,
        "activity_lines": [
          23.695333,
          23.427091,
          24.310048,
          25.130581
        ]
      },
      {
        "date": "2026-05-08",
        "close": 21.17,
        "volume": 13001377,
        "typical_volume": 6716939.3,
        "trend": 25.446833,
        "fair_value": 13.244006,
        "relative_strength": -16.315012,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.123455,
        "energy": 36.985335,
        "activity_lines": [
          22.82,
          22.982909,
          23.915071,
          24.857065
        ]
      },
      {
        "date": "2026-05-15",
        "close": 21.32,
        "volume": 12770713,
        "typical_volume": 7091343.4,
        "trend": 25.4615,
        "fair_value": 13.319968,
        "relative_strength": -15.581797,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.689436,
        "energy": 51.223574,
        "activity_lines": [
          22.158667,
          22.671455,
          23.566952,
          24.590817
        ]
      },
      {
        "date": "2026-05-22",
        "close": 20.86,
        "volume": 10707881,
        "typical_volume": 7280925.6,
        "trend": 25.4865,
        "fair_value": 13.39984,
        "relative_strength": -18.461101,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.831259,
        "energy": 60.098003,
        "activity_lines": [
          21.536667,
          22.325091,
          23.211452,
          24.293946
        ]
      },
      {
        "date": "2026-05-29",
        "close": 21.46,
        "volume": 6700841,
        "typical_volume": 7204157.15,
        "trend": 25.358167,
        "fair_value": 13.48484,
        "relative_strength": -18.644701,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.694563,
        "energy": 61.939592,
        "activity_lines": [
          21.359333,
          22.122182,
          22.951857,
          24.034172
        ]
      },
      {
        "date": "2026-06-05",
        "close": 21.23,
        "volume": 7359610,
        "typical_volume": 7095222.7,
        "trend": 25.258167,
        "fair_value": 13.557212,
        "relative_strength": -15.852165,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.905363,
        "energy": 58.530946,
        "activity_lines": [
          21.225333,
          21.891091,
          22.702548,
          23.767839
        ]
      },
      {
        "date": "2026-06-12",
        "close": 24.38,
        "volume": 8389088,
        "typical_volume": 7227034.95,
        "trend": 25.2375,
        "fair_value": 13.652019,
        "relative_strength": -5.962991,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.838529,
        "energy": 23.410334,
        "activity_lines": [
          22.282667,
          22.232545,
          22.775238,
          23.711183
        ]
      },
      {
        "date": "2026-06-19",
        "close": 26.21,
        "volume": 10435500,
        "typical_volume": 7508960.4,
        "trend": 25.128167,
        "fair_value": 13.76375,
        "relative_strength": -2.011186,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -4.623698,
        "energy": 11.067914,
        "activity_lines": [
          23.736,
          22.893091,
          23.030881,
          23.773925
        ]
      },
      {
        "date": "2026-06-26",
        "close": 27.0,
        "volume": 10946106,
        "typical_volume": 7674979.5,
        "trend": 25.0065,
        "fair_value": 13.875737,
        "relative_strength": 4.968904,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 31.861456,
        "energy": 32.571147,
        "activity_lines": [
          25.126667,
          23.660909,
          23.357762,
          23.894688
        ]
      },
      {
        "date": "2026-07-03",
        "close": 25.81,
        "volume": 4876291,
        "typical_volume": 7711692.55,
        "trend": 24.826833,
        "fair_value": 13.981891,
        "relative_strength": -1.102988,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 23.756454,
        "energy": 35.811099,
        "activity_lines": [
          25.711333,
          24.167455,
          23.572833,
          23.946527
        ]
      },
      {
        "date": "2026-07-10",
        "close": 27.74,
        "volume": 8802604,
        "typical_volume": 7839799.4,
        "trend": 24.784167,
        "fair_value": 14.099199,
        "relative_strength": 3.798512,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.401489,
        "energy": 56.62129,
        "activity_lines": [
          26.649333,
          24.978545,
          23.971952,
          24.134473
        ]
      },
      {
        "date": "2026-07-17",
        "close": 28.49,
        "volume": 6734297,
        "typical_volume": 7733973.5,
        "trend": 24.800167,
        "fair_value": 14.214583,
        "relative_strength": 10.382565,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.366035,
        "energy": 65.011488,
        "activity_lines": [
          27.403333,
          25.846182,
          24.431429,
          24.373559
        ]
      },
      {
        "date": "2026-07-24",
        "close": 27.35,
        "volume": 5277866,
        "typical_volume": 7612348.6,
        "trend": 24.746167,
        "fair_value": 14.320288,
        "relative_strength": 6.929241,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 35.306477,
        "energy": 54.028829,
        "activity_lines": [
          27.503333,
          26.373455,
          24.775095,
          24.538065
        ]
      },
      {
        "date": "2026-07-31",
        "close": 26.86,
        "volume": 6057812,
        "typical_volume": 7667548.4,
        "trend": 24.674833,
        "fair_value": 14.429455,
        "relative_strength": 3.738,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.012797,
        "energy": 40.971503,
        "activity_lines": [
          27.364,
          26.702,
          25.056143,
          24.674441
        ]
      },
      {
        "date": "2026-08-07",
        "close": 25.29,
        "volume": 11671913,
        "typical_volume": 7756051.7,
        "trend": 24.577167,
        "fair_value": 14.534135,
        "relative_strength": -7.492928,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 54.417443,
        "energy": 35.508065,
        "activity_lines": [
          26.710667,
          26.636,
          25.168095,
          24.714129
        ]
      }
    ],
    "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."
    }
  }
}