{
  "ticker": {
    "uuid": "40ef8340-e731-4fff-aacc-005e9ee6bc33",
    "symbol": "SPRE",
    "name": "TIDAL TRUST I SP FDS &P GLOBAL REIT SHARIA ETF",
    "exchange": "NYSEARCA",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 63.539,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 53.793,
    "architecture_energy": 40.696,
    "architecture_maturity": 36.503,
    "architecture_confidence": 62.734,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 25.2,
        "rotation_up": 48.19,
        "upward_expansion": 74.0,
        "deceleration": 61.23,
        "rotation_down": 20.25,
        "downward_expansion": 5.33
      },
      "activity_lines": [
        21.531987,
        21.453116,
        21.272656,
        21.022698
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.333333
    },
    "latest_close": 21.485,
    "trend_reference": 20.71821,
    "distance_from_trend": 0.03701,
    "trend_direction": "Improving",
    "fair_value": 18.831882,
    "distance_from_fair_value": 0.140884,
    "fair_value_direction": "Weakening",
    "relative_strength": -4.199431,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.072721,
    "excess_performance": -0.052904,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.03701,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.037273,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.140884,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.000676,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.041994,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.011998,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.072721,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.089739,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 291731,
      "relative_activity": 0.840861,
      "balance": 1.089739,
      "dry_up": 0.774876,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.028018,
      "annualized_volatility": 0.147993,
      "from_high_reference": -0.01895,
      "from_low_reference": 0.174064
    },
    "levels": {
      "trend_reference": 20.71821,
      "fair_value_reference": 18.831882,
      "structural_low": 19.068775,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 16,
        "median_return": 0.009036,
        "positive_rate": 0.6875,
        "directional_follow_through": 0.6875,
        "median_excess_return": -0.010744,
        "regime_survival": 0.6875,
        "best_return": 0.054307,
        "worst_return": -0.090915,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.011951,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.031766,
        "regime_survival": 0.333333,
        "best_return": 0.04576,
        "worst_return": -0.058633,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.036952,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.075093,
        "regime_survival": 0.333333,
        "best_return": 0.070123,
        "worst_return": 0.018693,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.059729,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.194834,
        "regime_survival": 0.0,
        "best_return": 0.059729,
        "worst_return": 0.059729,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-04-19",
        "end": "2024-05-03",
        "tenure": "New",
        "return": 0.029448,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-05-10",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.029452,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-05-24",
        "end": "2024-07-19",
        "tenure": "Developing",
        "return": 0.090309,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-26",
        "end": "2024-10-25",
        "tenure": "Established",
        "return": 0.04576,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-01",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": -0.029169,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-03",
        "end": "2025-02-14",
        "tenure": "Developing",
        "return": 0.027729,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-02-21",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": -0.045612,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-28",
        "end": "2025-05-30",
        "tenure": "Developing",
        "return": 0.008097,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-06",
        "end": "2025-09-05",
        "tenure": "Established",
        "return": 0.003756,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-12",
        "end": "2025-11-14",
        "tenure": "Developing",
        "return": -0.012165,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-21",
        "end": "2025-12-26",
        "tenure": "Developing",
        "return": 0.024088,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-02",
        "end": "2026-03-20",
        "tenure": "Developing",
        "return": -0.009386,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.112903,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.028847,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 16.665293,
        "volume": 140325,
        "typical_volume": 243489.8,
        "trend": 17.332335,
        "fair_value": 18.745036,
        "relative_strength": -10.819324,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -40.483407,
        "energy": 27.444369,
        "activity_lines": [
          17.051677,
          17.255966,
          17.234274,
          17.227664
        ]
      },
      {
        "date": "2023-08-25",
        "close": 16.870727,
        "volume": 124879,
        "typical_volume": 241750.5,
        "trend": 17.284224,
        "fair_value": 18.731552,
        "relative_strength": -10.028587,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -44.065816,
        "energy": 32.581943,
        "activity_lines": [
          16.935763,
          17.175314,
          17.202244,
          17.197883
        ]
      },
      {
        "date": "2023-09-01",
        "close": 16.979082,
        "volume": 133162,
        "typical_volume": 241910.1,
        "trend": 17.228995,
        "fair_value": 18.719034,
        "relative_strength": -11.290846,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -42.696817,
        "energy": 38.492562,
        "activity_lines": [
          16.916685,
          17.125672,
          17.182618,
          17.178196
        ]
      },
      {
        "date": "2023-09-08",
        "close": 16.700877,
        "volume": 145880,
        "typical_volume": 245025.15,
        "trend": 17.176754,
        "fair_value": 18.704721,
        "relative_strength": -11.210365,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -60.113831,
        "energy": 50.61461,
        "activity_lines": [
          16.835666,
          17.020532,
          17.136106,
          17.144124
        ]
      },
      {
        "date": "2023-09-15",
        "close": 16.83775,
        "volume": 106364,
        "typical_volume": 244465.85,
        "trend": 17.135714,
        "fair_value": 18.691573,
        "relative_strength": -9.99315,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -52.431404,
        "energy": 40.207885,
        "activity_lines": [
          16.822417,
          16.95384,
          17.105092,
          17.122253
        ]
      },
      {
        "date": "2023-09-22",
        "close": 16.012676,
        "volume": 100899,
        "typical_volume": 236911.85,
        "trend": 17.088617,
        "fair_value": 18.67284,
        "relative_strength": -11.458107,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.497557,
        "energy": 62.122857,
        "activity_lines": [
          16.556393,
          16.747757,
          16.997317,
          17.049799
        ]
      },
      {
        "date": "2023-09-29",
        "close": 15.812283,
        "volume": 116895,
        "typical_volume": 234893.25,
        "trend": 17.027114,
        "fair_value": 18.652975,
        "relative_strength": -11.594948,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.704318,
        "energy": 76.883598,
        "activity_lines": [
          16.26708,
          16.541018,
          16.876622,
          16.967455
        ]
      },
      {
        "date": "2023-10-06",
        "close": 15.711946,
        "volume": 170993,
        "typical_volume": 237255.35,
        "trend": 16.996313,
        "fair_value": 18.632692,
        "relative_strength": -12.29046,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.423898,
        "energy": 80.900932,
        "activity_lines": [
          16.014884,
          16.35184,
          16.752863,
          16.882605
        ]
      },
      {
        "date": "2023-10-13",
        "close": 15.909577,
        "volume": 86216,
        "typical_volume": 235912.2,
        "trend": 16.96666,
        "fair_value": 18.61404,
        "relative_strength": -11.319346,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.250917,
        "energy": 79.701623,
        "activity_lines": [
          15.913041,
          16.230032,
          16.653388,
          16.812493
        ]
      },
      {
        "date": "2023-10-20",
        "close": 15.082623,
        "volume": 121814,
        "typical_volume": 233560.3,
        "trend": 16.91721,
        "fair_value": 18.590017,
        "relative_strength": -13.603012,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.612252,
        "energy": 87.832759,
        "activity_lines": [
          15.5883,
          15.978296,
          16.479289,
          16.690942
        ]
      },
      {
        "date": "2023-10-27",
        "close": 14.628445,
        "volume": 79112,
        "typical_volume": 229565.05,
        "trend": 16.822899,
        "fair_value": 18.56325,
        "relative_strength": -13.749999,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.583367,
        "energy": 93.872832,
        "activity_lines": [
          15.229175,
          15.681962,
          16.271647,
          16.54328
        ]
      },
      {
        "date": "2023-11-03",
        "close": 15.810036,
        "volume": 160502,
        "typical_volume": 216185.2,
        "trend": 16.77294,
        "fair_value": 18.544772,
        "relative_strength": -11.631751,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.616015,
        "energy": 68.420031,
        "activity_lines": [
          15.356195,
          15.637496,
          16.188369,
          16.477934
        ]
      },
      {
        "date": "2023-11-10",
        "close": 15.475096,
        "volume": 109070,
        "typical_volume": 187070.3,
        "trend": 16.725547,
        "fair_value": 18.524307,
        "relative_strength": -14.318492,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.669844,
        "energy": 56.280809,
        "activity_lines": [
          15.371719,
          15.551417,
          16.081205,
          16.394202
        ]
      },
      {
        "date": "2023-11-17",
        "close": 16.130058,
        "volume": 104844,
        "typical_volume": 188156.55,
        "trend": 16.689285,
        "fair_value": 18.508451,
        "relative_strength": -12.395274,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -47.445168,
        "energy": 37.141666,
        "activity_lines": [
          15.621353,
          15.611767,
          16.042292,
          16.355784
        ]
      },
      {
        "date": "2023-11-24",
        "close": 16.29317,
        "volume": 89055,
        "typical_volume": 183567.45,
        "trend": 16.658407,
        "fair_value": 18.493877,
        "relative_strength": -12.053441,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -36.790675,
        "energy": 23.769143,
        "activity_lines": [
          15.910659,
          15.712153,
          16.025184,
          16.330228
        ]
      },
      {
        "date": "2023-12-01",
        "close": 17.102326,
        "volume": 151661,
        "typical_volume": 181634.15,
        "trend": 16.65157,
        "fair_value": 18.484782,
        "relative_strength": -8.179498,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -2.794963,
        "energy": 17.356766,
        "activity_lines": [
          16.388981,
          15.969559,
          16.090514,
          16.358868
        ]
      },
      {
        "date": "2023-12-08",
        "close": 17.105393,
        "volume": 192217,
        "typical_volume": 183399.25,
        "trend": 16.649232,
        "fair_value": 18.475825,
        "relative_strength": -8.067883,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 28.609187,
        "energy": 34.553158,
        "activity_lines": [
          16.703399,
          16.207712,
          16.160318,
          16.388147
        ]
      },
      {
        "date": "2023-12-15",
        "close": 18.022478,
        "volume": 172123,
        "typical_volume": 140035.2,
        "trend": 16.688017,
        "fair_value": 18.4729,
        "relative_strength": -5.133747,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 43.746138,
        "energy": 50.986687,
        "activity_lines": [
          17.237156,
          16.589095,
          16.320683,
          16.476743
        ]
      },
      {
        "date": "2023-12-22",
        "close": 18.103841,
        "volume": 196785,
        "typical_volume": 135260.45,
        "trend": 16.73222,
        "fair_value": 18.470534,
        "relative_strength": -5.303631,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 42.208242,
        "energy": 67.649818,
        "activity_lines": [
          17.628208,
          16.943263,
          16.486028,
          16.568086
        ]
      },
      {
        "date": "2023-12-29",
        "close": 18.300236,
        "volume": 161325,
        "typical_volume": 133206.05,
        "trend": 16.771496,
        "fair_value": 18.4828,
        "relative_strength": -4.34098,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 41.124257,
        "energy": 71.703571,
        "activity_lines": [
          17.953139,
          17.293243,
          16.664978,
          16.669249
        ]
      },
      {
        "date": "2024-01-05",
        "close": 17.964437,
        "volume": 281772,
        "typical_volume": 140278.4,
        "trend": 16.799872,
        "fair_value": 18.494935,
        "relative_strength": -4.330359,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 39.49558,
        "energy": 70.272982,
        "activity_lines": [
          18.032333,
          17.523666,
          16.806573,
          16.746213
        ]
      },
      {
        "date": "2024-01-12",
        "close": 18.075675,
        "volume": 257255,
        "typical_volume": 146897.2,
        "trend": 16.819306,
        "fair_value": 18.507526,
        "relative_strength": -5.169476,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 64.420878,
        "energy": 73.626425,
        "activity_lines": [
          18.091133,
          17.71366,
          16.952575,
          16.828523
        ]
      },
      {
        "date": "2024-01-19",
        "close": 17.796265,
        "volume": 146490,
        "typical_volume": 147563.6,
        "trend": 16.855554,
        "fair_value": 18.516067,
        "relative_strength": -7.365605,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.61462,
        "energy": 53.829115,
        "activity_lines": [
          17.99211,
          17.811659,
          17.066228,
          16.891552
        ]
      },
      {
        "date": "2024-01-26",
        "close": 17.559103,
        "volume": 160902,
        "typical_volume": 148314.7,
        "trend": 16.8593,
        "fair_value": 18.524189,
        "relative_strength": -9.103342,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 56.50597,
        "energy": 42.018289,
        "activity_lines": [
          17.829114,
          17.824335,
          17.153404,
          16.936943
        ]
      },
      {
        "date": "2024-02-02",
        "close": 17.748873,
        "volume": 215232,
        "typical_volume": 153758.1,
        "trend": 16.870196,
        "fair_value": 18.530432,
        "relative_strength": -8.969893,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.718269,
        "energy": 35.83156,
        "activity_lines": [
          17.765691,
          17.845531,
          17.254566,
          16.994334
        ]
      },
      {
        "date": "2024-02-09",
        "close": 17.803457,
        "volume": 432485,
        "typical_volume": 170337.4,
        "trend": 16.864292,
        "fair_value": 18.536988,
        "relative_strength": -9.499541,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.112621,
        "energy": 30.360383,
        "activity_lines": [
          17.757219,
          17.850185,
          17.356588,
          17.054545
        ]
      },
      {
        "date": "2024-02-16",
        "close": 17.9945,
        "volume": 249283,
        "typical_volume": 176956.8,
        "trend": 16.871393,
        "fair_value": 18.545497,
        "relative_strength": -7.811424,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.108671,
        "energy": 34.803621,
        "activity_lines": [
          17.823161,
          17.876825,
          17.468277,
          17.127461
        ]
      },
      {
        "date": "2024-02-23",
        "close": 18.060638,
        "volume": 148941,
        "typical_volume": 175854.2,
        "trend": 16.892048,
        "fair_value": 18.557337,
        "relative_strength": -8.583959,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 60.912407,
        "energy": 42.362138,
        "activity_lines": [
          17.916561,
          17.899326,
          17.575873,
          17.204187
        ]
      },
      {
        "date": "2024-03-01",
        "close": 18.348346,
        "volume": 267740,
        "typical_volume": 184930.4,
        "trend": 16.93589,
        "fair_value": 18.572903,
        "relative_strength": -7.641535,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.380366,
        "energy": 54.595803,
        "activity_lines": [
          18.088238,
          17.973443,
          17.699686,
          17.298142
        ]
      },
      {
        "date": "2024-03-08",
        "close": 18.686101,
        "volume": 245192,
        "typical_volume": 191099.3,
        "trend": 16.986377,
        "fair_value": 18.58591,
        "relative_strength": -5.393096,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.908623,
        "energy": 70.005837,
        "activity_lines": [
          18.319884,
          18.104524,
          17.844053,
          17.411058
        ]
      },
      {
        "date": "2024-03-15",
        "close": 18.202289,
        "volume": 191853,
        "typical_volume": 196736.35,
        "trend": 17.03761,
        "fair_value": 18.596791,
        "relative_strength": -7.421554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.987913,
        "energy": 65.228317,
        "activity_lines": [
          18.327778,
          18.140624,
          17.925183,
          17.489504
        ]
      },
      {
        "date": "2024-03-22",
        "close": 18.165775,
        "volume": 185218,
        "typical_volume": 197972.15,
        "trend": 17.080778,
        "fair_value": 18.603395,
        "relative_strength": -9.279983,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.589107,
        "energy": 56.853791,
        "activity_lines": [
          18.296911,
          18.16576,
          17.985817,
          17.562289
        ]
      },
      {
        "date": "2024-03-29",
        "close": 18.566398,
        "volume": 205404,
        "typical_volume": 202788.85,
        "trend": 17.133689,
        "fair_value": 18.611587,
        "relative_strength": -7.248252,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.378577,
        "energy": 50.580848,
        "activity_lines": [
          18.388167,
          18.262099,
          18.073388,
          17.658136
        ]
      },
      {
        "date": "2024-04-05",
        "close": 18.11758,
        "volume": 322986,
        "typical_volume": 213695.95,
        "trend": 17.180912,
        "fair_value": 18.615586,
        "relative_strength": -8.313151,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.850682,
        "energy": 36.70085,
        "activity_lines": [
          18.2961,
          18.262832,
          18.103494,
          17.721612
        ]
      },
      {
        "date": "2024-04-12",
        "close": 17.557382,
        "volume": 136861,
        "typical_volume": 216086.25,
        "trend": 17.2049,
        "fair_value": 18.612282,
        "relative_strength": -9.50126,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 26.873728,
        "energy": 16.79467,
        "activity_lines": [
          18.032684,
          18.151557,
          18.070783,
          17.745901
        ]
      },
      {
        "date": "2024-04-19",
        "close": 16.752808,
        "volume": 237668,
        "typical_volume": 220386.6,
        "trend": 17.229571,
        "fair_value": 18.602443,
        "relative_strength": -10.524993,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -14.516132,
        "energy": 20.313893,
        "activity_lines": [
          17.576325,
          17.897477,
          17.955427,
          17.716734
        ]
      },
      {
        "date": "2024-04-26",
        "close": 16.878428,
        "volume": 490193,
        "typical_volume": 235285.4,
        "trend": 17.265109,
        "fair_value": 18.59229,
        "relative_strength": -11.782929,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -32.699208,
        "energy": 37.87956,
        "activity_lines": [
          17.258472,
          17.68534,
          17.853698,
          17.694079
        ]
      },
      {
        "date": "2024-05-03",
        "close": 17.246149,
        "volume": 217067,
        "typical_volume": 237532.6,
        "trend": 17.316249,
        "fair_value": 18.585329,
        "relative_strength": -9.989393,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -21.022895,
        "energy": 35.416385,
        "activity_lines": [
          17.149015,
          17.560354,
          17.788071,
          17.692856
        ]
      },
      {
        "date": "2024-05-10",
        "close": 17.623064,
        "volume": 242677,
        "typical_volume": 239827.2,
        "trend": 17.373366,
        "fair_value": 18.581738,
        "relative_strength": -9.313036,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.529673,
        "energy": 35.627048,
        "activity_lines": [
          17.253213,
          17.518706,
          17.762038,
          17.71265
        ]
      },
      {
        "date": "2024-05-17",
        "close": 18.142103,
        "volume": 181400,
        "typical_volume": 240830.95,
        "trend": 17.475348,
        "fair_value": 18.580412,
        "relative_strength": -7.847132,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 20.117749,
        "energy": 15.550701,
        "activity_lines": [
          17.563392,
          17.584616,
          17.787726,
          17.762246
        ]
      },
      {
        "date": "2024-05-24",
        "close": 17.466782,
        "volume": 203832,
        "typical_volume": 236933.95,
        "trend": 17.56996,
        "fair_value": 18.572762,
        "relative_strength": -10.928598,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -9.222551,
        "energy": 8.201772,
        "activity_lines": [
          17.609483,
          17.537632,
          17.749851,
          17.761694
        ]
      },
      {
        "date": "2024-05-31",
        "close": 17.630993,
        "volume": 208626,
        "typical_volume": 234502.5,
        "trend": 17.630658,
        "fair_value": 18.562732,
        "relative_strength": -9.401361,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -2.619142,
        "energy": 9.793694,
        "activity_lines": [
          17.662712,
          17.533877,
          17.729985,
          17.765631
        ]
      },
      {
        "date": "2024-06-07",
        "close": 17.603315,
        "volume": 232986,
        "typical_volume": 238827.3,
        "trend": 17.701599,
        "fair_value": 18.549976,
        "relative_strength": -10.321437,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -1.53959,
        "energy": 8.582785,
        "activity_lines": [
          17.656544,
          17.534812,
          17.709601,
          17.763867
        ]
      },
      {
        "date": "2024-06-14",
        "close": 17.944679,
        "volume": 190848,
        "typical_volume": 240324.6,
        "trend": 17.762086,
        "fair_value": 18.541478,
        "relative_strength": -9.720635,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 6.361807,
        "energy": 6.388727,
        "activity_lines": [
          17.740353,
          17.615325,
          17.722646,
          17.77955
        ]
      },
      {
        "date": "2024-06-21",
        "close": 17.963131,
        "volume": 136311,
        "typical_volume": 236378.55,
        "trend": 17.817751,
        "fair_value": 18.532091,
        "relative_strength": -9.916299,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.367562,
        "energy": 11.884018,
        "activity_lines": [
          17.808872,
          17.702336,
          17.735613,
          17.79252
        ]
      },
      {
        "date": "2024-06-28",
        "close": 18.016524,
        "volume": 300070,
        "typical_volume": 229757.8,
        "trend": 17.848225,
        "fair_value": 18.523113,
        "relative_strength": -9.276116,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 12.454706,
        "energy": 13.53287,
        "activity_lines": [
          17.90712,
          17.791677,
          17.752644,
          17.805345
        ]
      },
      {
        "date": "2024-07-05",
        "close": 18.053557,
        "volume": 290702,
        "typical_volume": 231828.75,
        "trend": 17.87983,
        "fair_value": 18.510396,
        "relative_strength": -10.432442,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.171486,
        "energy": 19.729053,
        "activity_lines": [
          17.981063,
          17.864776,
          17.772187,
          17.818592
        ]
      },
      {
        "date": "2024-07-12",
        "close": 18.896056,
        "volume": 391052,
        "typical_volume": 243934.3,
        "trend": 17.90895,
        "fair_value": 18.501912,
        "relative_strength": -6.810955,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 42.543733,
        "energy": 52.125266,
        "activity_lines": [
          18.307668,
          18.069689,
          17.871688,
          17.884155
        ]
      },
      {
        "date": "2024-07-19",
        "close": 19.044188,
        "volume": 301396,
        "typical_volume": 245617.1,
        "trend": 17.940294,
        "fair_value": 18.493174,
        "relative_strength": -3.933906,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 81.149194,
        "energy": 76.567406,
        "activity_lines": [
          18.597468,
          18.271538,
          17.981318,
          17.957396
        ]
      },
      {
        "date": "2024-07-26",
        "close": 18.921053,
        "volume": 249749,
        "typical_volume": 245844.95,
        "trend": 17.960988,
        "fair_value": 18.483931,
        "relative_strength": -3.554282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.315821,
        "energy": 75.595419,
        "activity_lines": [
          18.772922,
          18.42516,
          18.075907,
          18.020671
        ]
      },
      {
        "date": "2024-08-02",
        "close": 19.153271,
        "volume": 371650,
        "typical_volume": 254834.8,
        "trend": 18.000616,
        "fair_value": 18.476758,
        "relative_strength": -0.11164,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.551907,
        "energy": 80.275841,
        "activity_lines": [
          18.96192,
          18.606841,
          18.191494,
          18.097592
        ]
      },
      {
        "date": "2024-08-09",
        "close": 19.134693,
        "volume": 470358,
        "typical_volume": 269091.8,
        "trend": 18.035917,
        "fair_value": 18.469067,
        "relative_strength": -0.05591,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.780538,
        "energy": 75.619319,
        "activity_lines": [
          19.068943,
          18.75448,
          18.300782,
          18.170758
        ]
      },
      {
        "date": "2024-08-16",
        "close": 19.264735,
        "volume": 201868,
        "typical_volume": 268915.0,
        "trend": 18.084866,
        "fair_value": 18.460643,
        "relative_strength": -3.041219,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.229614,
        "energy": 68.806599,
        "activity_lines": [
          19.147237,
          18.898423,
          18.417842,
          18.250037
        ]
      },
      {
        "date": "2024-08-23",
        "close": 19.757035,
        "volume": 289925,
        "typical_volume": 267261.95,
        "trend": 18.15813,
        "fair_value": 18.455902,
        "relative_strength": -1.749765,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.981408,
        "energy": 76.453078,
        "activity_lines": [
          19.365053,
          19.101668,
          18.578462,
          18.357919
        ]
      },
      {
        "date": "2024-08-30",
        "close": 19.866302,
        "volume": 341433,
        "typical_volume": 277490.55,
        "trend": 18.228711,
        "fair_value": 18.446236,
        "relative_strength": -1.323307,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.515843,
        "energy": 77.701537,
        "activity_lines": [
          19.571767,
          19.291828,
          18.741682,
          18.468123
        ]
      },
      {
        "date": "2024-09-06",
        "close": 19.745166,
        "volume": 300913,
        "typical_volume": 280652.8,
        "trend": 18.293435,
        "fair_value": 18.441051,
        "relative_strength": 2.38876,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.840602,
        "energy": 74.05505,
        "activity_lines": [
          19.675087,
          19.425359,
          18.882369,
          18.565959
        ]
      },
      {
        "date": "2024-09-13",
        "close": 20.546527,
        "volume": 470983,
        "typical_volume": 279692.3,
        "trend": 18.378502,
        "fair_value": 18.441484,
        "relative_strength": 2.540158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.914657,
        "energy": 86.86583,
        "activity_lines": [
          20.006067,
          19.673163,
          19.085128,
          18.71132
        ]
      },
      {
        "date": "2024-09-20",
        "close": 20.509255,
        "volume": 377308,
        "typical_volume": 287704.35,
        "trend": 18.460123,
        "fair_value": 18.444117,
        "relative_strength": 1.007901,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.028787,
        "energy": 83.366889,
        "activity_lines": [
          20.230501,
          19.868864,
          19.26687,
          18.848788
        ]
      },
      {
        "date": "2024-09-27",
        "close": 20.469187,
        "volume": 409370,
        "typical_volume": 296039.0,
        "trend": 18.530818,
        "fair_value": 18.449403,
        "relative_strength": 0.33286,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.981776,
        "energy": 76.854942,
        "activity_lines": [
          20.358611,
          20.027948,
          19.429257,
          18.978405
        ]
      },
      {
        "date": "2024-10-04",
        "close": 20.142054,
        "volume": 373667,
        "typical_volume": 305652.35,
        "trend": 18.579349,
        "fair_value": 18.452355,
        "relative_strength": -1.428796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.560599,
        "energy": 59.72098,
        "activity_lines": [
          20.3302,
          20.101645,
          19.546936,
          19.082356
        ]
      },
      {
        "date": "2024-10-11",
        "close": 19.945774,
        "volume": 280508,
        "typical_volume": 309486.15,
        "trend": 18.637465,
        "fair_value": 18.448703,
        "relative_strength": -3.346824,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.179178,
        "energy": 53.135185,
        "activity_lines": [
          20.217979,
          20.117454,
          19.636398,
          19.170512
        ]
      },
      {
        "date": "2024-10-18",
        "close": 20.160747,
        "volume": 212886,
        "typical_volume": 309699.15,
        "trend": 18.703965,
        "fair_value": 18.442264,
        "relative_strength": -3.047683,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.103869,
        "energy": 45.063432,
        "activity_lines": [
          20.164041,
          20.15794,
          19.734528,
          19.268788
        ]
      },
      {
        "date": "2024-10-25",
        "close": 19.78688,
        "volume": 180670,
        "typical_volume": 307083.35,
        "trend": 18.744647,
        "fair_value": 18.432668,
        "relative_strength": -3.833153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.339701,
        "energy": 31.92058,
        "activity_lines": [
          20.0112,
          20.111795,
          19.785006,
          19.338654
        ]
      },
      {
        "date": "2024-11-01",
        "close": 19.221583,
        "volume": 378738,
        "typical_volume": 316477.85,
        "trend": 18.781447,
        "fair_value": 18.420449,
        "relative_strength": -5.1073,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.865347,
        "energy": 20.866183,
        "activity_lines": [
          19.718085,
          19.953375,
          19.771248,
          19.369424
        ]
      },
      {
        "date": "2024-11-08",
        "close": 19.802918,
        "volume": 312916,
        "typical_volume": 325308.1,
        "trend": 18.856299,
        "fair_value": 18.410979,
        "relative_strength": -6.548192,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.214286,
        "energy": 20.728,
        "activity_lines": [
          19.701922,
          19.910388,
          19.806775,
          19.435325
        ]
      },
      {
        "date": "2024-11-15",
        "close": 19.493498,
        "volume": 210260,
        "typical_volume": 320817.6,
        "trend": 18.947655,
        "fair_value": 18.398048,
        "relative_strength": -5.902076,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.051595,
        "energy": 20.912516,
        "activity_lines": [
          19.605228,
          19.812295,
          19.804072,
          19.476435
        ]
      },
      {
        "date": "2024-11-22",
        "close": 19.870616,
        "volume": 146614,
        "typical_volume": 313613.2,
        "trend": 19.047394,
        "fair_value": 18.387931,
        "relative_strength": -5.504524,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.359667,
        "energy": 16.136518,
        "activity_lines": [
          19.664391,
          19.787345,
          19.830253,
          19.535981
        ]
      },
      {
        "date": "2024-11-29",
        "close": 20.269276,
        "volume": 190727,
        "typical_volume": 303596.95,
        "trend": 19.148165,
        "fair_value": 18.379379,
        "relative_strength": -4.520764,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.002719,
        "energy": 25.733962,
        "activity_lines": [
          19.875784,
          19.847168,
          19.885748,
          19.614812
        ]
      },
      {
        "date": "2024-12-06",
        "close": 19.610878,
        "volume": 330824,
        "typical_volume": 305068.35,
        "trend": 19.214426,
        "fair_value": 18.363033,
        "relative_strength": -8.150452,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.915272,
        "energy": 16.668017,
        "activity_lines": [
          19.83555,
          19.791645,
          19.871999,
          19.644664
        ]
      },
      {
        "date": "2024-12-13",
        "close": 19.356924,
        "volume": 245489,
        "typical_volume": 304855.35,
        "trend": 19.25492,
        "fair_value": 18.342244,
        "relative_strength": -8.462598,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.289983,
        "energy": 7.025598,
        "activity_lines": [
          19.684713,
          19.705554,
          19.831366,
          19.653858
        ]
      },
      {
        "date": "2024-12-20",
        "close": 18.548034,
        "volume": 202642,
        "typical_volume": 296404.95,
        "trend": 19.290962,
        "fair_value": 18.316032,
        "relative_strength": -10.286672,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -15.743395,
        "energy": 25.103784,
        "activity_lines": [
          19.293978,
          19.486668,
          19.71162,
          19.608252
        ]
      },
      {
        "date": "2024-12-27",
        "close": 18.660902,
        "volume": 414520,
        "typical_volume": 293613.05,
        "trend": 19.325292,
        "fair_value": 18.283591,
        "relative_strength": -9.948342,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -32.054531,
        "energy": 51.034654,
        "activity_lines": [
          19.003897,
          19.313716,
          19.605506,
          19.567603
        ]
      },
      {
        "date": "2025-01-03",
        "close": 18.878109,
        "volume": 356492,
        "typical_volume": 301344.25,
        "trend": 19.367785,
        "fair_value": 18.2621,
        "relative_strength": -8.074292,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.462131,
        "energy": 57.046929,
        "activity_lines": [
          18.866865,
          19.207527,
          19.522334,
          19.538753
        ]
      },
      {
        "date": "2025-01-10",
        "close": 18.198157,
        "volume": 316133,
        "typical_volume": 302654.65,
        "trend": 19.376234,
        "fair_value": 18.238008,
        "relative_strength": -9.281004,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.304171,
        "energy": 68.475675,
        "activity_lines": [
          18.595928,
          18.994233,
          19.376246,
          19.463293
        ]
      },
      {
        "date": "2025-01-17",
        "close": 18.859221,
        "volume": 209847,
        "typical_volume": 296075.35,
        "trend": 19.406104,
        "fair_value": 18.221771,
        "relative_strength": -8.378406,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.456448,
        "energy": 54.302586,
        "activity_lines": [
          18.639527,
          18.91974,
          19.300539,
          19.429937
        ]
      },
      {
        "date": "2025-01-24",
        "close": 19.274748,
        "volume": 203842,
        "typical_volume": 291221.8,
        "trend": 19.448045,
        "fair_value": 18.209682,
        "relative_strength": -7.713512,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -54.66328,
        "energy": 36.863065,
        "activity_lines": [
          18.854814,
          18.937956,
          19.269202,
          19.421463
        ]
      },
      {
        "date": "2025-01-31",
        "close": 19.223751,
        "volume": 356932,
        "typical_volume": 285519.25,
        "trend": 19.487051,
        "fair_value": 18.195998,
        "relative_strength": -6.786416,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -40.592681,
        "energy": 26.096173,
        "activity_lines": [
          19.004656,
          18.950877,
          19.235248,
          19.406992
        ]
      },
      {
        "date": "2025-02-07",
        "close": 19.403766,
        "volume": 334745,
        "typical_volume": 283391.1,
        "trend": 19.503975,
        "fair_value": 18.187611,
        "relative_strength": -5.554126,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -30.483905,
        "energy": 20.092278,
        "activity_lines": [
          19.176978,
          19.008289,
          19.224738,
          19.401619
        ]
      },
      {
        "date": "2025-02-14",
        "close": 19.401587,
        "volume": 236513,
        "typical_volume": 274748.25,
        "trend": 19.515888,
        "fair_value": 18.182074,
        "relative_strength": -6.703161,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -24.592505,
        "energy": 20.466911,
        "activity_lines": [
          19.313531,
          19.081041,
          19.219284,
          19.395013
        ]
      },
      {
        "date": "2025-02-21",
        "close": 19.441664,
        "volume": 217924,
        "typical_volume": 266961.1,
        "trend": 19.533242,
        "fair_value": 18.173413,
        "relative_strength": -4.795601,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -18.385658,
        "energy": 16.976821,
        "activity_lines": [
          19.383214,
          19.164885,
          19.222731,
          19.390224
        ]
      },
      {
        "date": "2025-02-28",
        "close": 19.429409,
        "volume": 483336,
        "typical_volume": 277102.5,
        "trend": 19.542447,
        "fair_value": 18.162667,
        "relative_strength": -3.740966,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.587747,
        "energy": 12.934406,
        "activity_lines": [
          19.409983,
          19.244961,
          19.228346,
          19.383526
        ]
      },
      {
        "date": "2025-03-07",
        "close": 19.201656,
        "volume": 346638,
        "typical_volume": 283790.1,
        "trend": 19.544679,
        "fair_value": 18.15296,
        "relative_strength": -1.650276,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.688728,
        "energy": 10.780226,
        "activity_lines": [
          19.350523,
          19.267602,
          19.214729,
          19.361539
        ]
      },
      {
        "date": "2025-03-14",
        "close": 18.745008,
        "volume": 254148,
        "typical_volume": 287464.0,
        "trend": 19.527354,
        "fair_value": 18.135668,
        "relative_strength": -1.599716,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -40.940118,
        "energy": 18.934656,
        "activity_lines": [
          19.14032,
          19.197384,
          19.162189,
          19.309947
        ]
      },
      {
        "date": "2025-03-21",
        "close": 18.554896,
        "volume": 186222,
        "typical_volume": 277838.2,
        "trend": 19.487283,
        "fair_value": 18.118311,
        "relative_strength": -2.959418,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -58.742618,
        "energy": 43.752317,
        "activity_lines": [
          18.910664,
          19.09502,
          19.096505,
          19.247208
        ]
      },
      {
        "date": "2025-03-28",
        "close": 18.561127,
        "volume": 197810,
        "typical_volume": 272082.9,
        "trend": 19.443777,
        "fair_value": 18.09413,
        "relative_strength": -1.331075,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.675033,
        "energy": 57.37319,
        "activity_lines": [
          18.739531,
          18.987303,
          19.034588,
          19.187456
        ]
      },
      {
        "date": "2025-04-04",
        "close": 17.063647,
        "volume": 260869,
        "typical_volume": 274613.35,
        "trend": 19.354393,
        "fair_value": 18.058398,
        "relative_strength": -0.155359,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.162457,
        "energy": 81.648726,
        "activity_lines": [
          18.12794,
          18.612737,
          18.835968,
          19.033899
        ]
      },
      {
        "date": "2025-04-11",
        "close": 17.035032,
        "volume": 398734,
        "typical_volume": 287219.35,
        "trend": 19.237343,
        "fair_value": 18.02562,
        "relative_strength": -5.51728,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.318144,
        "energy": 85.381951,
        "activity_lines": [
          17.664529,
          18.27317,
          18.646193,
          18.884263
        ]
      },
      {
        "date": "2025-04-18",
        "close": 17.616856,
        "volume": 129808,
        "typical_volume": 284173.4,
        "trend": 19.14093,
        "fair_value": 17.994776,
        "relative_strength": -0.847602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.989923,
        "energy": 79.994699,
        "activity_lines": [
          17.5395,
          18.079184,
          18.525332,
          18.779716
        ]
      },
      {
        "date": "2025-04-25",
        "close": 17.823696,
        "volume": 133999,
        "typical_volume": 274332.15,
        "trend": 19.052747,
        "fair_value": 17.972731,
        "relative_strength": -4.028777,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.984067,
        "energy": 75.428256,
        "activity_lines": [
          17.558628,
          17.955294,
          18.436802,
          18.694733
        ]
      },
      {
        "date": "2025-05-02",
        "close": 18.57991,
        "volume": 266267,
        "typical_volume": 275371.05,
        "trend": 19.000676,
        "fair_value": 17.964426,
        "relative_strength": -2.726099,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -57.394402,
        "energy": 42.912149,
        "activity_lines": [
          17.878574,
          17.997587,
          18.428802,
          18.664227
        ]
      },
      {
        "date": "2025-05-09",
        "close": 18.45547,
        "volume": 176165,
        "typical_volume": 274047.2,
        "trend": 18.950999,
        "fair_value": 17.959782,
        "relative_strength": -2.87666,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -39.475547,
        "energy": 23.081218,
        "activity_lines": [
          18.155788,
          18.032923,
          18.41265,
          18.629053
        ]
      },
      {
        "date": "2025-05-16",
        "close": 18.761785,
        "volume": 207241,
        "typical_volume": 263683.25,
        "trend": 18.904367,
        "fair_value": 17.958981,
        "relative_strength": -6.058625,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -24.32433,
        "energy": 20.912448,
        "activity_lines": [
          18.442319,
          18.14166,
          18.426113,
          18.616845
        ]
      },
      {
        "date": "2025-05-23",
        "close": 18.273596,
        "volume": 185764,
        "typical_volume": 255146.85,
        "trend": 18.853924,
        "fair_value": 17.948869,
        "relative_strength": -6.019102,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -25.385062,
        "energy": 22.16364,
        "activity_lines": [
          18.451003,
          18.169633,
          18.3926,
          18.57615
        ]
      },
      {
        "date": "2025-05-30",
        "close": 18.711416,
        "volume": 214160,
        "typical_volume": 250048.2,
        "trend": 18.836918,
        "fair_value": 17.943911,
        "relative_strength": -5.331499,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -17.646145,
        "energy": 17.041699,
        "activity_lines": [
          18.561845,
          18.285781,
          18.403664,
          18.566956
        ]
      },
      {
        "date": "2025-06-06",
        "close": 18.91313,
        "volume": 240980,
        "typical_volume": 251604.85,
        "trend": 18.807259,
        "fair_value": 17.947508,
        "relative_strength": -5.770013,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.620518,
        "energy": 11.690593,
        "activity_lines": [
          18.680743,
          18.435759,
          18.431494,
          18.571873
        ]
      },
      {
        "date": "2025-06-13",
        "close": 18.80747,
        "volume": 221899,
        "typical_volume": 252507.7,
        "trend": 18.784391,
        "fair_value": 17.955508,
        "relative_strength": -5.8537,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.886072,
        "energy": 11.723251,
        "activity_lines": [
          18.742206,
          18.560125,
          18.449005,
          18.571887
        ]
      },
      {
        "date": "2025-06-20",
        "close": 18.749838,
        "volume": 177005,
        "typical_volume": 243511.35,
        "trend": 18.747032,
        "fair_value": 17.955345,
        "relative_strength": -5.891499,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 13.814438,
        "energy": 16.865314,
        "activity_lines": [
          18.760993,
          18.642308,
          18.463252,
          18.569657
        ]
      },
      {
        "date": "2025-06-27",
        "close": 18.439414,
        "volume": 239781,
        "typical_volume": 238763.15,
        "trend": 18.686037,
        "fair_value": 17.95414,
        "relative_strength": -10.373153,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -9.709073,
        "energy": 10.872917,
        "activity_lines": [
          18.677101,
          18.636871,
          18.450192,
          18.549811
        ]
      },
      {
        "date": "2025-07-04",
        "close": 18.651472,
        "volume": 322770,
        "typical_volume": 243076.0,
        "trend": 18.654056,
        "fair_value": 17.954849,
        "relative_strength": -10.693912,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -1.289459,
        "energy": 5.271349,
        "activity_lines": [
          18.65284,
          18.655034,
          18.461919,
          18.547581
        ]
      },
      {
        "date": "2025-07-11",
        "close": 18.535804,
        "volume": 273858,
        "typical_volume": 245872.7,
        "trend": 18.626686,
        "fair_value": 17.956393,
        "relative_strength": -10.774855,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -4.730882,
        "energy": 5.422731,
        "activity_lines": [
          18.59402,
          18.637117,
          18.466203,
          18.539952
        ]
      },
      {
        "date": "2025-07-18",
        "close": 18.593638,
        "volume": 182507,
        "typical_volume": 230831.25,
        "trend": 18.628206,
        "fair_value": 17.954642,
        "relative_strength": -10.7783,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -7.248859,
        "energy": 7.83666,
        "activity_lines": [
          18.579633,
          18.630517,
          18.480309,
          18.53782
        ]
      },
      {
        "date": "2025-07-25",
        "close": 18.850999,
        "volume": 173569,
        "typical_volume": 222177.8,
        "trend": 18.634542,
        "fair_value": 17.948337,
        "relative_strength": -10.605298,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 4.687719,
        "energy": 5.596219,
        "activity_lines": [
          18.665288,
          18.668197,
          18.522904,
          18.552194
        ]
      },
      {
        "date": "2025-08-01",
        "close": 18.290015,
        "volume": 328673,
        "typical_volume": 225904.05,
        "trend": 18.614939,
        "fair_value": 17.940474,
        "relative_strength": -10.758581,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.485978,
        "energy": 16.410262,
        "activity_lines": [
          18.557204,
          18.602258,
          18.513743,
          18.529966
        ]
      },
      {
        "date": "2025-08-08",
        "close": 18.502802,
        "volume": 237108,
        "typical_volume": 228448.35,
        "trend": 18.625094,
        "fair_value": 17.928891,
        "relative_strength": -11.53365,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.9054,
        "energy": 9.128476,
        "activity_lines": [
          18.53001,
          18.57471,
          18.527013,
          18.522731
        ]
      },
      {
        "date": "2025-08-15",
        "close": 18.589851,
        "volume": 282675,
        "typical_volume": 232691.6,
        "trend": 18.616115,
        "fair_value": 17.919958,
        "relative_strength": -11.656374,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -16.490376,
        "energy": 7.405771,
        "activity_lines": [
          18.541743,
          18.566781,
          18.548823,
          18.520458
        ]
      },
      {
        "date": "2025-08-22",
        "close": 18.909032,
        "volume": 203691,
        "typical_volume": 229832.7,
        "trend": 18.603925,
        "fair_value": 17.917644,
        "relative_strength": -10.067778,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 25.188237,
        "energy": 11.156164,
        "activity_lines": [
          18.656267,
          18.622763,
          18.600893,
          18.539356
        ]
      },
      {
        "date": "2025-08-29",
        "close": 18.993883,
        "volume": 250102,
        "typical_volume": 222401.1,
        "trend": 18.596262,
        "fair_value": 17.920876,
        "relative_strength": -9.293949,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 31.044094,
        "energy": 33.71181,
        "activity_lines": [
          18.778048,
          18.692326,
          18.652257,
          18.564514
        ]
      },
      {
        "date": "2025-09-05",
        "close": 18.984177,
        "volume": 398344,
        "typical_volume": 235827.9,
        "trend": 18.582276,
        "fair_value": 17.919469,
        "relative_strength": -9.234983,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 55.504141,
        "energy": 52.704794,
        "activity_lines": [
          18.887068,
          18.755687,
          18.693369,
          18.589541
        ]
      },
      {
        "date": "2025-09-12",
        "close": 19.032705,
        "volume": 309806,
        "typical_volume": 244618.25,
        "trend": 18.56998,
        "fair_value": 17.92672,
        "relative_strength": -9.97877,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.686655,
        "energy": 58.207325,
        "activity_lines": [
          18.965986,
          18.817967,
          18.732591,
          18.618601
        ]
      },
      {
        "date": "2025-09-19",
        "close": 18.906532,
        "volume": 257186,
        "typical_volume": 244164.2,
        "trend": 18.552142,
        "fair_value": 17.940244,
        "relative_strength": -11.241068,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.588845,
        "energy": 52.140479,
        "activity_lines": [
          18.967521,
          18.850375,
          18.75404,
          18.640314
        ]
      },
      {
        "date": "2025-09-26",
        "close": 18.8556,
        "volume": 232674,
        "typical_volume": 246989.65,
        "trend": 18.533015,
        "fair_value": 17.957144,
        "relative_strength": -10.813938,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.657191,
        "energy": 39.575123,
        "activity_lines": [
          18.930965,
          18.866781,
          18.769083,
          18.659892
        ]
      },
      {
        "date": "2025-10-03",
        "close": 19.078536,
        "volume": 467376,
        "typical_volume": 259996.4,
        "trend": 18.528911,
        "fair_value": 17.979424,
        "relative_strength": -10.374534,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.73,
        "energy": 35.470569,
        "activity_lines": [
          18.972284,
          18.918959,
          18.803452,
          18.695087
        ]
      },
      {
        "date": "2025-10-10",
        "close": 18.514719,
        "volume": 373720,
        "typical_volume": 269394.2,
        "trend": 18.521235,
        "fair_value": 17.999936,
        "relative_strength": -10.516334,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 24.470561,
        "energy": 12.437596,
        "activity_lines": [
          18.820021,
          18.864487,
          18.782616,
          18.694171
        ]
      },
      {
        "date": "2025-10-17",
        "close": 19.118566,
        "volume": 372826,
        "typical_volume": 277327.5,
        "trend": 18.540024,
        "fair_value": 18.022085,
        "relative_strength": -8.840113,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.742503,
        "energy": 21.900767,
        "activity_lines": [
          18.900336,
          18.91572,
          18.818141,
          18.732709
        ]
      },
      {
        "date": "2025-10-24",
        "close": 19.342573,
        "volume": 220165,
        "typical_volume": 276286.75,
        "trend": 18.566072,
        "fair_value": 18.039613,
        "relative_strength": -9.189966,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.189908,
        "energy": 34.629786,
        "activity_lines": [
          19.049597,
          18.996486,
          18.873062,
          18.784486
        ]
      },
      {
        "date": "2025-10-31",
        "close": 19.006874,
        "volume": 496723,
        "typical_volume": 290027.95,
        "trend": 18.630846,
        "fair_value": 18.057749,
        "relative_strength": -11.058052,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.860475,
        "energy": 27.328532,
        "activity_lines": [
          19.057889,
          19.00253,
          18.893966,
          18.812925
        ]
      },
      {
        "date": "2025-11-07",
        "close": 19.036191,
        "volume": 294762,
        "typical_volume": 295915.8,
        "trend": 18.697552,
        "fair_value": 18.069631,
        "relative_strength": -9.162269,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.480075,
        "energy": 36.094571,
        "activity_lines": [
          19.065868,
          19.012125,
          18.916712,
          18.839076
        ]
      },
      {
        "date": "2025-11-14",
        "close": 18.80117,
        "volume": 187280,
        "typical_volume": 293290.75,
        "trend": 18.737029,
        "fair_value": 18.081664,
        "relative_strength": -10.096312,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.497985,
        "energy": 22.807289,
        "activity_lines": [
          18.99833,
          18.97822,
          18.915712,
          18.845761
        ]
      },
      {
        "date": "2025-11-21",
        "close": 18.948241,
        "volume": 234751,
        "typical_volume": 288889.8,
        "trend": 18.774514,
        "fair_value": 18.091894,
        "relative_strength": -7.332062,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 31.323495,
        "energy": 13.431239,
        "activity_lines": [
          18.960719,
          18.974383,
          18.926997,
          18.859388
        ]
      },
      {
        "date": "2025-11-28",
        "close": 19.277885,
        "volume": 196042,
        "typical_volume": 284999.0,
        "trend": 18.797779,
        "fair_value": 18.103825,
        "relative_strength": -8.750459,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 53.625829,
        "energy": 24.167544,
        "activity_lines": [
          19.044344,
          19.032017,
          18.968262,
          18.891863
        ]
      },
      {
        "date": "2025-12-05",
        "close": 19.04255,
        "volume": 326572,
        "typical_volume": 292202.25,
        "trend": 18.817349,
        "fair_value": 18.115735,
        "relative_strength": -9.892962,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 41.053214,
        "energy": 19.629787,
        "activity_lines": [
          19.053836,
          19.04011,
          18.983581,
          18.907655
        ]
      },
      {
        "date": "2025-12-12",
        "close": 18.983716,
        "volume": 229516,
        "typical_volume": 294999.6,
        "trend": 18.824746,
        "fair_value": 18.129764,
        "relative_strength": -9.394642,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 41.308646,
        "energy": 21.057772,
        "activity_lines": [
          19.041339,
          19.034108,
          18.99116,
          18.918388
        ]
      },
      {
        "date": "2025-12-19",
        "close": 19.049806,
        "volume": 188125,
        "typical_volume": 287972.2,
        "trend": 18.85062,
        "fair_value": 18.144913,
        "relative_strength": -8.975717,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 41.810389,
        "energy": 23.818226,
        "activity_lines": [
          19.05437,
          19.041845,
          19.0044,
          18.932908
        ]
      },
      {
        "date": "2025-12-26",
        "close": 19.404672,
        "volume": 172480,
        "typical_volume": 284740.8,
        "trend": 18.873729,
        "fair_value": 18.162053,
        "relative_strength": -8.37825,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 58.576357,
        "energy": 36.054911,
        "activity_lines": [
          19.169114,
          19.104375,
          19.047819,
          18.968653
        ]
      },
      {
        "date": "2026-01-02",
        "close": 19.341708,
        "volume": 369563,
        "typical_volume": 289085.2,
        "trend": 18.888015,
        "fair_value": 18.176809,
        "relative_strength": -7.491867,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.441445,
        "energy": 40.328415,
        "activity_lines": [
          19.232442,
          19.150255,
          19.080947,
          18.998846
        ]
      },
      {
        "date": "2026-01-09",
        "close": 19.479442,
        "volume": 322134,
        "typical_volume": 295007.35,
        "trend": 18.910414,
        "fair_value": 18.187586,
        "relative_strength": -8.085368,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.162669,
        "energy": 54.101494,
        "activity_lines": [
          19.337426,
          19.221194,
          19.123612,
          19.037002
        ]
      },
      {
        "date": "2026-01-16",
        "close": 20.050052,
        "volume": 234910,
        "typical_volume": 294247.75,
        "trend": 18.953754,
        "fair_value": 18.20245,
        "relative_strength": -4.887126,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.360433,
        "energy": 75.838847,
        "activity_lines": [
          19.603487,
          19.387287,
          19.217905,
          19.110527
        ]
      },
      {
        "date": "2026-01-23",
        "close": 19.702767,
        "volume": 232634,
        "typical_volume": 285962.25,
        "trend": 18.995866,
        "fair_value": 18.211352,
        "relative_strength": -5.998154,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.239533,
        "energy": 68.660158,
        "activity_lines": [
          19.682697,
          19.471804,
          19.274094,
          19.158851
        ]
      },
      {
        "date": "2026-01-30",
        "close": 19.761993,
        "volume": 424754,
        "typical_volume": 291709.65,
        "trend": 19.032883,
        "fair_value": 18.21857,
        "relative_strength": -5.86524,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.242845,
        "energy": 72.460545,
        "activity_lines": [
          19.738119,
          19.550697,
          19.332501,
          19.208278
        ]
      },
      {
        "date": "2026-02-06",
        "close": 20.028514,
        "volume": 562456,
        "typical_volume": 306973.15,
        "trend": 19.08264,
        "fair_value": 18.229854,
        "relative_strength": -4.185962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.118762,
        "energy": 76.676561,
        "activity_lines": [
          19.858559,
          19.663252,
          19.412819,
          19.272513
        ]
      },
      {
        "date": "2026-02-13",
        "close": 20.995884,
        "volume": 403411,
        "typical_volume": 315510.0,
        "trend": 19.162715,
        "fair_value": 18.248617,
        "relative_strength": 1.839029,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.15356,
        "energy": 88.546892,
        "activity_lines": [
          20.255669,
          19.938045,
          19.579924,
          19.395948
        ]
      },
      {
        "date": "2026-02-20",
        "close": 20.765887,
        "volume": 225358,
        "typical_volume": 303409.1,
        "trend": 19.226545,
        "fair_value": 18.270029,
        "relative_strength": -0.229489,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.087366,
        "energy": 88.70375,
        "activity_lines": [
          20.475018,
          20.135505,
          19.714933,
          19.499378
        ]
      },
      {
        "date": "2026-02-27",
        "close": 20.835206,
        "volume": 534057,
        "typical_volume": 311425.95,
        "trend": 19.311384,
        "fair_value": 18.2904,
        "relative_strength": 0.779509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.320802,
        "energy": 89.978935,
        "activity_lines": [
          20.66975,
          20.313166,
          19.848509,
          19.603163
        ]
      },
      {
        "date": "2026-03-06",
        "close": 20.151922,
        "volume": 402559,
        "typical_volume": 312912.6,
        "trend": 19.366355,
        "fair_value": 18.312938,
        "relative_strength": -0.313305,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.27033,
        "energy": 74.483772,
        "activity_lines": [
          20.561225,
          20.334131,
          19.90596,
          19.657391
        ]
      },
      {
        "date": "2026-03-13",
        "close": 19.73601,
        "volume": 279100,
        "typical_volume": 315859.35,
        "trend": 19.40456,
        "fair_value": 18.331764,
        "relative_strength": -0.635692,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.814382,
        "energy": 43.132937,
        "activity_lines": [
          20.288068,
          20.26589,
          19.91888,
          19.68124
        ]
      },
      {
        "date": "2026-03-20",
        "close": 19.16017,
        "volume": 265827,
        "typical_volume": 304314.55,
        "trend": 19.412932,
        "fair_value": 18.348392,
        "relative_strength": -1.531198,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 15.3589,
        "energy": 15.944848,
        "activity_lines": [
          19.842464,
          20.085781,
          19.875084,
          19.665472
        ]
      },
      {
        "date": "2026-03-27",
        "close": 19.098585,
        "volume": 388140,
        "typical_volume": 308983.45,
        "trend": 19.416422,
        "fair_value": 18.35891,
        "relative_strength": 0.630245,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.496466,
        "energy": 23.380441,
        "activity_lines": [
          19.498712,
          19.90028,
          19.824693,
          19.645192
        ]
      },
      {
        "date": "2026-04-03",
        "close": 19.853784,
        "volume": 348620,
        "typical_volume": 317050.45,
        "trend": 19.445409,
        "fair_value": 18.375224,
        "relative_strength": 1.394815,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.278697,
        "energy": 26.23155,
        "activity_lines": [
          19.517847,
          19.869388,
          19.845929,
          19.673409
        ]
      },
      {
        "date": "2026-04-10",
        "close": 20.459931,
        "volume": 279287,
        "typical_volume": 319277.25,
        "trend": 19.492983,
        "fair_value": 18.398064,
        "relative_strength": 0.996931,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.402742,
        "energy": 24.503962,
        "activity_lines": [
          19.80446,
          19.945958,
          19.919881,
          19.738862
        ]
      },
      {
        "date": "2026-04-17",
        "close": 21.254877,
        "volume": 280748,
        "typical_volume": 323512.55,
        "trend": 19.571261,
        "fair_value": 18.423942,
        "relative_strength": 0.642595,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 71.083008,
        "energy": 40.623941,
        "activity_lines": [
          20.33552,
          20.154374,
          20.062343,
          19.852533
        ]
      },
      {
        "date": "2026-04-24",
        "close": 20.882594,
        "volume": 325601,
        "typical_volume": 323464.0,
        "trend": 19.638828,
        "fair_value": 18.447424,
        "relative_strength": -1.423973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.155885,
        "energy": 61.808003,
        "activity_lines": [
          20.641228,
          20.272804,
          20.159935,
          19.937135
        ]
      },
      {
        "date": "2026-05-01",
        "close": 21.073291,
        "volume": 308805,
        "typical_volume": 327428.45,
        "trend": 19.705319,
        "fair_value": 18.471564,
        "relative_strength": -1.19922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.020499,
        "energy": 72.120295,
        "activity_lines": [
          20.895674,
          20.427967,
          20.266927,
          20.029681
        ]
      },
      {
        "date": "2026-05-08",
        "close": 21.115227,
        "volume": 328186,
        "typical_volume": 334431.5,
        "trend": 19.792003,
        "fair_value": 18.496818,
        "relative_strength": -2.999605,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.002143,
        "energy": 74.070118,
        "activity_lines": [
          21.032451,
          20.585165,
          20.367962,
          20.120643
        ]
      },
      {
        "date": "2026-05-15",
        "close": 20.848509,
        "volume": 411282,
        "typical_volume": 346371.6,
        "trend": 19.849668,
        "fair_value": 18.522392,
        "relative_strength": -4.192725,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.702058,
        "energy": 65.201862,
        "activity_lines": [
          20.996226,
          20.688778,
          20.433761,
          20.188804
        ]
      },
      {
        "date": "2026-05-22",
        "close": 21.027381,
        "volume": 912815,
        "typical_volume": 373534.2,
        "trend": 19.905828,
        "fair_value": 18.549634,
        "relative_strength": -3.976103,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.996323,
        "energy": 50.881204,
        "activity_lines": [
          20.99372,
          20.812247,
          20.509719,
          20.264786
        ]
      },
      {
        "date": "2026-05-29",
        "close": 21.04396,
        "volume": 187652,
        "typical_volume": 366810.1,
        "trend": 19.973731,
        "fair_value": 18.574775,
        "relative_strength": -5.010427,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.758145,
        "energy": 43.3303,
        "activity_lines": [
          21.011906,
          20.915252,
          20.57923,
          20.338214
        ]
      },
      {
        "date": "2026-06-05",
        "close": 20.884461,
        "volume": 639008,
        "typical_volume": 387015.0,
        "trend": 20.03534,
        "fair_value": 18.59895,
        "relative_strength": -3.080897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.233298,
        "energy": 37.432488,
        "activity_lines": [
          20.966169,
          20.955006,
          20.6261,
          20.39697
        ]
      },
      {
        "date": "2026-06-12",
        "close": 21.43274,
        "volume": 390774,
        "typical_volume": 394922.0,
        "trend": 20.123059,
        "fair_value": 18.624207,
        "relative_strength": -0.905962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.637724,
        "energy": 41.764531,
        "activity_lines": [
          21.11578,
          21.061977,
          20.721213,
          20.487125
        ]
      },
      {
        "date": "2026-06-19",
        "close": 21.133679,
        "volume": 227920,
        "typical_volume": 385080.3,
        "trend": 20.195907,
        "fair_value": 18.652571,
        "relative_strength": -2.958708,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.726662,
        "energy": 37.252329,
        "activity_lines": [
          21.144536,
          21.085864,
          20.779607,
          20.552327
        ]
      },
      {
        "date": "2026-06-26",
        "close": 21.453791,
        "volume": 269686,
        "typical_volume": 370441.8,
        "trend": 20.268437,
        "fair_value": 18.678257,
        "relative_strength": 0.969001,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.464092,
        "energy": 41.623419,
        "activity_lines": [
          21.260985,
          21.155704,
          20.861955,
          20.63348
        ]
      },
      {
        "date": "2026-07-03",
        "close": 21.274344,
        "volume": 285024,
        "typical_volume": 364522.45,
        "trend": 20.34283,
        "fair_value": 18.702952,
        "relative_strength": -1.895272,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.619162,
        "energy": 39.780836,
        "activity_lines": [
          21.289191,
          21.189301,
          20.920427,
          20.698378
        ]
      },
      {
        "date": "2026-07-10",
        "close": 21.189606,
        "volume": 279964,
        "typical_volume": 367252.75,
        "trend": 20.41636,
        "fair_value": 18.723523,
        "relative_strength": -3.475871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.345722,
        "energy": 35.128958,
        "activity_lines": [
          21.273792,
          21.200367,
          20.969502,
          20.753008
        ]
      },
      {
        "date": "2026-07-17",
        "close": 21.643206,
        "volume": 189543,
        "typical_volume": 350027.05,
        "trend": 20.502806,
        "fair_value": 18.748277,
        "relative_strength": 0.192436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.323495,
        "energy": 45.343985,
        "activity_lines": [
          21.38925,
          21.291792,
          21.059759,
          20.83216
        ]
      },
      {
        "date": "2026-07-24",
        "close": 21.732929,
        "volume": 198012,
        "typical_volume": 339799.7,
        "trend": 20.580415,
        "fair_value": 18.77579,
        "relative_strength": 1.23521,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.759603,
        "energy": 48.734291,
        "activity_lines": [
          21.520584,
          21.389931,
          21.154714,
          20.911522
        ]
      },
      {
        "date": "2026-07-31",
        "close": 21.47,
        "volume": 396065,
        "typical_volume": 345647.95,
        "trend": 20.651358,
        "fair_value": 18.804232,
        "relative_strength": -1.00823,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.427098,
        "energy": 41.283173,
        "activity_lines": [
          21.524326,
          21.424183,
          21.217099,
          20.968915
        ]
      },
      {
        "date": "2026-08-07",
        "close": 21.485,
        "volume": 291731,
        "typical_volume": 346943.15,
        "trend": 20.71821,
        "fair_value": 18.831882,
        "relative_strength": -4.199431,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.792672,
        "energy": 40.695654,
        "activity_lines": [
          21.531987,
          21.453116,
          21.272656,
          21.022698
        ]
      }
    ],
    "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."
    }
  }
}