{
  "ticker": {
    "uuid": "42d3b3eb-6cbf-4e82-b4d8-457bdd8f85fe",
    "symbol": "CCJ",
    "name": "Cameco Corp",
    "exchange": "NYSE",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 73.544,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -62.422,
    "architecture_energy": 63.028,
    "architecture_maturity": 16.128,
    "architecture_confidence": 90.54,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 17.38,
        "rotation_up": 13.51,
        "upward_expansion": 13.14,
        "deceleration": 39.62,
        "rotation_down": 68.44,
        "downward_expansion": 88.8
      },
      "activity_lines": [
        90.885333,
        93.726727,
        100.227714,
        103.765054
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.833333
    },
    "latest_close": 97.39,
    "trend_reference": 108.403667,
    "distance_from_trend": -0.101599,
    "trend_direction": "Improving",
    "fair_value": 65.668708,
    "distance_from_fair_value": 0.48305,
    "fair_value_direction": "Weakening",
    "relative_strength": -12.537658,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.14292,
    "excess_performance": -0.268545,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.101599,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.015347,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.48305,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.463625,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.125377,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.267038,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.14292,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.386541,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 16100077,
      "relative_activity": 1.01251,
      "balance": 0.386541,
      "dry_up": 1.275363,
      "accumulation_observations": 2,
      "distribution_observations": 5
    },
    "risk": {
      "range_context": 0.112644,
      "annualized_volatility": 0.410308,
      "from_high_reference": -0.279873,
      "from_low_reference": 0.415043
    },
    "levels": {
      "trend_reference": 108.403667,
      "fair_value_reference": 65.668708,
      "structural_low": 83.15,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 5,
        "median_return": 0.17306,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.139188,
        "regime_survival": 0.4,
        "best_return": 0.334167,
        "worst_return": 0.023174,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 3,
        "median_return": 0.348799,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.270409,
        "regime_survival": 0.0,
        "best_return": 0.751614,
        "worst_return": 0.072257,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.333631,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.193665,
        "regime_survival": 0.0,
        "best_return": 1.0459,
        "worst_return": 0.055139,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.945025,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.724928,
        "regime_survival": 0.0,
        "best_return": 0.949459,
        "worst_return": 0.940591,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-09",
        "end": "2024-09-06",
        "tenure": "Developing",
        "return": -0.065487,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2024-09-13",
        "end": "2024-10-11",
        "tenure": "Developing",
        "return": 0.273246,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-18",
        "end": "2024-11-22",
        "tenure": "Developing",
        "return": 0.036022,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-29",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": -0.117073,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-02-21",
        "tenure": "Developing",
        "return": -0.181476,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-02-28",
        "end": "2025-03-21",
        "tenure": "New",
        "return": 0.011126,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-03-28",
        "end": "2025-05-09",
        "tenure": "Developing",
        "return": 0.212766,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-16",
        "end": "2025-05-23",
        "tenure": "New",
        "return": 0.144724,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-30",
        "end": "2025-06-20",
        "tenure": "New",
        "return": 0.16641,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-27",
        "end": "2026-03-13",
        "tenure": "Extended",
        "return": 0.475803,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.202856,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-05-15",
        "tenure": "New",
        "return": -0.108541,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-22",
        "end": "2026-07-10",
        "tenure": "Developing",
        "return": -0.083628,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-17",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.137468,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 34.465271,
        "volume": 14832089,
        "typical_volume": 19922531.4,
        "trend": 28.765794,
        "fair_value": 21.721291,
        "relative_strength": 18.351936,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.681721,
        "energy": 74.855429,
        "activity_lines": [
          34.039799,
          32.952259,
          31.308499,
          30.030047
        ]
      },
      {
        "date": "2023-08-25",
        "close": 36.165174,
        "volume": 22306842,
        "typical_volume": 20343217.45,
        "trend": 29.055738,
        "fair_value": 21.879539,
        "relative_strength": 22.644694,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.06899,
        "energy": 75.126239,
        "activity_lines": [
          34.856282,
          33.677044,
          31.919584,
          30.507427
        ]
      },
      {
        "date": "2023-09-01",
        "close": 37.129446,
        "volume": 16081586,
        "typical_volume": 20327903.8,
        "trend": 29.373517,
        "fair_value": 22.049129,
        "relative_strength": 22.490824,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.294886,
        "energy": 87.962661,
        "activity_lines": [
          35.746328,
          34.493648,
          32.569816,
          31.028311
        ]
      },
      {
        "date": "2023-09-08",
        "close": 36.831217,
        "volume": 11705672,
        "typical_volume": 20189578.55,
        "trend": 29.633307,
        "fair_value": 22.216367,
        "relative_strength": 22.776467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.766535,
        "energy": 84.016342,
        "activity_lines": [
          36.312962,
          35.121374,
          33.138865,
          31.509453
        ]
      },
      {
        "date": "2023-09-15",
        "close": 40.062026,
        "volume": 30406953,
        "typical_volume": 20661181.3,
        "trend": 30.014708,
        "fair_value": 22.407211,
        "relative_strength": 33.056583,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.705428,
        "energy": 91.940447,
        "activity_lines": [
          37.721264,
          36.233134,
          33.960887,
          32.182274
        ]
      },
      {
        "date": "2023-09-22",
        "close": 39.743916,
        "volume": 24307595,
        "typical_volume": 20827127.95,
        "trend": 30.435211,
        "fair_value": 22.598848,
        "relative_strength": 35.084477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.491057,
        "energy": 88.822497,
        "activity_lines": [
          38.659027,
          37.093478,
          34.691972,
          32.809964
        ]
      },
      {
        "date": "2023-09-29",
        "close": 39.405923,
        "volume": 34442099,
        "typical_volume": 21748288.7,
        "trend": 30.810647,
        "fair_value": 22.790081,
        "relative_strength": 34.195692,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.316121,
        "energy": 76.82546,
        "activity_lines": [
          39.132216,
          37.73982,
          35.332075,
          33.38872
        ]
      },
      {
        "date": "2023-10-06",
        "close": 37.457497,
        "volume": 36726998,
        "typical_volume": 22863515.8,
        "trend": 31.215906,
        "fair_value": 22.968949,
        "relative_strength": 26.482593,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.915823,
        "energy": 60.886055,
        "activity_lines": [
          38.73988,
          37.905382,
          35.730139,
          33.817549
        ]
      },
      {
        "date": "2023-10-13",
        "close": 36.194997,
        "volume": 23632197,
        "typical_volume": 22890293.5,
        "trend": 31.595982,
        "fair_value": 23.142683,
        "relative_strength": 20.855649,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.038272,
        "energy": 49.617715,
        "activity_lines": [
          37.90484,
          37.774342,
          35.957029,
          34.138781
        ]
      },
      {
        "date": "2023-10-20",
        "close": 37.964486,
        "volume": 26047966,
        "typical_volume": 22381712.2,
        "trend": 32.064864,
        "fair_value": 23.324739,
        "relative_strength": 28.932296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.857534,
        "energy": 37.756326,
        "activity_lines": [
          37.702045,
          37.912431,
          36.309554,
          34.549652
        ]
      },
      {
        "date": "2023-10-27",
        "close": 37.706021,
        "volume": 22069403,
        "typical_volume": 22425234.35,
        "trend": 32.454549,
        "fair_value": 23.506586,
        "relative_strength": 30.287805,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.429094,
        "energy": 29.308557,
        "activity_lines": [
          37.55293,
          37.942254,
          36.599073,
          34.913598
        ]
      },
      {
        "date": "2023-11-03",
        "close": 41.702283,
        "volume": 35967358,
        "typical_volume": 22636509.75,
        "trend": 33.007928,
        "fair_value": 23.715245,
        "relative_strength": 34.849705,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 76.228448,
        "energy": 47.479767,
        "activity_lines": [
          38.871763,
          38.639747,
          37.235246,
          35.510226
        ]
      },
      {
        "date": "2023-11-10",
        "close": 42.249035,
        "volume": 23614314,
        "typical_volume": 22972036.25,
        "trend": 33.548053,
        "fair_value": 23.925395,
        "relative_strength": 33.54796,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.333701,
        "energy": 55.713141,
        "activity_lines": [
          40.219756,
          39.335975,
          37.875254,
          36.106426
        ]
      },
      {
        "date": "2023-11-17",
        "close": 44.336634,
        "volume": 24730449,
        "typical_volume": 23140040.2,
        "trend": 34.181292,
        "fair_value": 24.146976,
        "relative_strength": 35.609314,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.014884,
        "energy": 78.624883,
        "activity_lines": [
          41.944179,
          40.318683,
          38.654435,
          36.802464
        ]
      },
      {
        "date": "2023-11-24",
        "close": 44.863504,
        "volume": 14225955,
        "typical_volume": 23145966.75,
        "trend": 34.765819,
        "fair_value": 24.370418,
        "relative_strength": 34.505529,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.603461,
        "energy": 86.218642,
        "activity_lines": [
          43.30145,
          41.260724,
          39.420977,
          37.491638
        ]
      },
      {
        "date": "2023-12-01",
        "close": 45.221786,
        "volume": 23277764,
        "typical_volume": 23470067.25,
        "trend": 35.35997,
        "fair_value": 24.590204,
        "relative_strength": 33.077382,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.666199,
        "energy": 84.973398,
        "activity_lines": [
          44.318213,
          42.180607,
          40.148078,
          38.166217
        ]
      },
      {
        "date": "2023-12-08",
        "close": 44.913003,
        "volume": 18937744,
        "typical_volume": 23468168.4,
        "trend": 35.938858,
        "fair_value": 24.793699,
        "relative_strength": 30.431259,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.960933,
        "energy": 78.601625,
        "activity_lines": [
          44.730998,
          42.94475,
          40.779732,
          38.782542
        ]
      },
      {
        "date": "2023-12-15",
        "close": 44.783513,
        "volume": 28518980,
        "typical_volume": 23979046.55,
        "trend": 36.539607,
        "fair_value": 24.996238,
        "relative_strength": 25.777961,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.694249,
        "energy": 66.09026,
        "activity_lines": [
          44.886572,
          43.58522,
          41.339694,
          39.353165
        ]
      },
      {
        "date": "2023-12-22",
        "close": 43.448773,
        "volume": 32426530,
        "typical_volume": 24037532.9,
        "trend": 37.081617,
        "fair_value": 25.189081,
        "relative_strength": 19.924166,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.895723,
        "energy": 51.822381,
        "activity_lines": [
          44.428267,
          43.849811,
          41.72009,
          39.798917
        ]
      },
      {
        "date": "2023-12-29",
        "close": 42.930814,
        "volume": 10988213,
        "typical_volume": 23762335.35,
        "trend": 37.515898,
        "fair_value": 25.379428,
        "relative_strength": 17.182411,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.421462,
        "energy": 39.842507,
        "activity_lines": [
          43.8565,
          43.88834,
          42.002838,
          40.176285
        ]
      },
      {
        "date": "2024-01-05",
        "close": 42.084151,
        "volume": 17465200,
        "typical_volume": 23893990.9,
        "trend": 37.899424,
        "fair_value": 25.558584,
        "relative_strength": 15.922743,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 42.960691,
        "energy": 31.069293,
        "activity_lines": [
          43.131357,
          43.682633,
          42.165256,
          40.471011
        ]
      },
      {
        "date": "2024-01-12",
        "close": 49.724043,
        "volume": 37982956,
        "typical_volume": 24677796.6,
        "trend": 38.504477,
        "fair_value": 25.795263,
        "relative_strength": 33.13826,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.392305,
        "energy": 49.13712,
        "activity_lines": [
          45.162021,
          44.786396,
          43.019002,
          41.233889
        ]
      },
      {
        "date": "2024-01-19",
        "close": 46.805544,
        "volume": 28930992,
        "typical_volume": 25320266.9,
        "trend": 39.073881,
        "fair_value": 26.016969,
        "relative_strength": 22.925966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.408665,
        "energy": 45.522638,
        "activity_lines": [
          45.899116,
          45.213672,
          43.53023,
          41.769442
        ]
      },
      {
        "date": "2024-01-26",
        "close": 46.178017,
        "volume": 21796934,
        "typical_volume": 25824830.0,
        "trend": 39.574981,
        "fair_value": 26.234336,
        "relative_strength": 19.283107,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.707938,
        "energy": 45.101506,
        "activity_lines": [
          46.292234,
          45.444006,
          43.935616,
          42.227773
        ]
      },
      {
        "date": "2024-02-02",
        "close": 48.817615,
        "volume": 26183103,
        "typical_volume": 25613637.5,
        "trend": 40.221726,
        "fair_value": 26.458619,
        "relative_strength": 23.410799,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.053498,
        "energy": 61.316134,
        "activity_lines": [
          47.383267,
          46.120788,
          44.547885,
          42.824072
        ]
      },
      {
        "date": "2024-02-09",
        "close": 43.887046,
        "volume": 35742703,
        "typical_volume": 26185392.9,
        "trend": 40.639503,
        "fair_value": 26.640087,
        "relative_strength": 9.028814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.674777,
        "energy": 38.393308,
        "activity_lines": [
          46.438325,
          45.82921,
          44.648881,
          43.060545
        ]
      },
      {
        "date": "2024-02-16",
        "close": 42.014426,
        "volume": 21263555,
        "typical_volume": 25526465.7,
        "trend": 40.958408,
        "fair_value": 26.804296,
        "relative_strength": 4.410758,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 28.888413,
        "energy": 17.629905,
        "activity_lines": [
          44.748982,
          45.221424,
          44.551805,
          43.149249
        ]
      },
      {
        "date": "2024-02-23",
        "close": 40.032237,
        "volume": 22887979,
        "typical_volume": 24834514.75,
        "trend": 41.167169,
        "fair_value": 26.961751,
        "relative_strength": -2.3666,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 7.007764,
        "energy": 12.301466,
        "activity_lines": [
          42.912885,
          44.30594,
          44.253526,
          43.089496
        ]
      },
      {
        "date": "2024-03-01",
        "close": 41.80525,
        "volume": 27768199,
        "typical_volume": 25041314.85,
        "trend": 41.450605,
        "fair_value": 27.129684,
        "relative_strength": 0.703939,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 3.55666,
        "energy": 19.715343,
        "activity_lines": [
          42.119346,
          43.79921,
          44.111846,
          43.130663
        ]
      },
      {
        "date": "2024-03-08",
        "close": 41.068155,
        "volume": 23042570,
        "typical_volume": 24891045.05,
        "trend": 41.666393,
        "fair_value": 27.283775,
        "relative_strength": -1.174668,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -18.259815,
        "energy": 26.625113,
        "activity_lines": [
          41.371626,
          43.188345,
          43.87325,
          43.105989
        ]
      },
      {
        "date": "2024-03-15",
        "close": 40.948626,
        "volume": 27915316,
        "typical_volume": 25183340.7,
        "trend": 41.882505,
        "fair_value": 27.433743,
        "relative_strength": -1.772274,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -20.079051,
        "energy": 28.667728,
        "activity_lines": [
          41.100693,
          42.589613,
          43.608491,
          43.059681
        ]
      },
      {
        "date": "2024-03-22",
        "close": 43.020461,
        "volume": 16226401,
        "typical_volume": 24196292.85,
        "trend": 42.111015,
        "fair_value": 27.604084,
        "relative_strength": 0.441921,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -15.829376,
        "energy": 21.201325,
        "activity_lines": [
          41.716267,
          42.388225,
          43.525609,
          43.133098
        ]
      },
      {
        "date": "2024-03-29",
        "close": 43.149951,
        "volume": 12017224,
        "typical_volume": 23616438.35,
        "trend": 42.311698,
        "fair_value": 27.771456,
        "relative_strength": -0.035567,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -11.487287,
        "energy": 10.131198,
        "activity_lines": [
          42.307936,
          42.332264,
          43.448782,
          43.200126
        ]
      },
      {
        "date": "2024-04-05",
        "close": 49.01683,
        "volume": 28957937,
        "typical_volume": 23827812.75,
        "trend": 42.717885,
        "fair_value": 27.976689,
        "relative_strength": 13.716159,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.884106,
        "energy": 26.575574,
        "activity_lines": [
          44.647383,
          43.409473,
          43.926416,
          43.632715
        ]
      },
      {
        "date": "2024-04-12",
        "close": 49.395338,
        "volume": 26626772,
        "typical_volume": 24447853.6,
        "trend": 43.028996,
        "fair_value": 28.189415,
        "relative_strength": 15.423608,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.762729,
        "energy": 42.842778,
        "activity_lines": [
          46.632227,
          44.503888,
          44.417811,
          44.063518
        ]
      },
      {
        "date": "2024-04-19",
        "close": 47.911187,
        "volume": 16630112,
        "typical_volume": 24115471.0,
        "trend": 43.301238,
        "fair_value": 28.392626,
        "relative_strength": 14.598349,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.61479,
        "energy": 56.170495,
        "activity_lines": [
          47.567209,
          45.317952,
          44.746279,
          44.378498
        ]
      },
      {
        "date": "2024-04-26",
        "close": 49.15628,
        "volume": 15742700,
        "typical_volume": 23955718.8,
        "trend": 43.62625,
        "fair_value": 28.601286,
        "relative_strength": 13.767246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.908453,
        "energy": 67.319431,
        "activity_lines": [
          48.453052,
          46.285231,
          45.18052,
          44.756243
        ]
      },
      {
        "date": "2024-05-03",
        "close": 48.21997,
        "volume": 26660018,
        "typical_volume": 23862770.7,
        "trend": 43.984999,
        "fair_value": 28.783238,
        "relative_strength": 10.266734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.791482,
        "energy": 62.58695,
        "activity_lines": [
          48.617736,
          46.95242,
          45.505382,
          45.052612
        ]
      },
      {
        "date": "2024-05-10",
        "close": 50.710157,
        "volume": 20260941,
        "typical_volume": 23254491.25,
        "trend": 44.468838,
        "fair_value": 28.983812,
        "relative_strength": 13.085833,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.892961,
        "energy": 60.294915,
        "activity_lines": [
          49.274481,
          47.923502,
          46.051042,
          45.486493
        ]
      },
      {
        "date": "2024-05-17",
        "close": 52.841756,
        "volume": 17190517,
        "typical_volume": 23564606.45,
        "trend": 44.964747,
        "fair_value": 29.199254,
        "relative_strength": 15.025191,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.77404,
        "energy": 64.51038,
        "activity_lines": [
          50.528871,
          49.12024,
          46.765132,
          46.026681
        ]
      },
      {
        "date": "2024-05-24",
        "close": 52.781992,
        "volume": 17568530,
        "typical_volume": 23569772.95,
        "trend": 45.467279,
        "fair_value": 29.411146,
        "relative_strength": 14.037435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.615664,
        "energy": 63.006202,
        "activity_lines": [
          51.533578,
          50.092047,
          47.426336,
          46.53102
        ]
      },
      {
        "date": "2024-05-31",
        "close": 55.2921,
        "volume": 13871172,
        "typical_volume": 22364183.75,
        "trend": 45.920273,
        "fair_value": 29.629947,
        "relative_strength": 19.040534,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.451927,
        "energy": 74.315889,
        "activity_lines": [
          53.050268,
          51.305085,
          48.275656,
          47.164879
        ]
      },
      {
        "date": "2024-06-07",
        "close": 53.190382,
        "volume": 15997696,
        "typical_volume": 21717518.95,
        "trend": 46.284985,
        "fair_value": 29.835402,
        "relative_strength": 12.418197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.487011,
        "energy": 66.938196,
        "activity_lines": [
          53.45733,
          51.912871,
          48.898297,
          47.633918
        ]
      },
      {
        "date": "2024-06-14",
        "close": 51.696271,
        "volume": 14695975,
        "typical_volume": 21362471.0,
        "trend": 46.530306,
        "fair_value": 30.047616,
        "relative_strength": 6.969738,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.336474,
        "energy": 50.304131,
        "activity_lines": [
          53.034995,
          52.066448,
          49.348238,
          47.983034
        ]
      },
      {
        "date": "2024-06-21",
        "close": 51.367566,
        "volume": 10004148,
        "typical_volume": 20553523.25,
        "trend": 46.747108,
        "fair_value": 30.250568,
        "relative_strength": 5.050728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.375568,
        "energy": 40.263458,
        "activity_lines": [
          52.43735,
          52.111543,
          49.740597,
          48.295115
        ]
      },
      {
        "date": "2024-06-28",
        "close": 49.006869,
        "volume": 13921388,
        "typical_volume": 19462457.5,
        "trend": 46.873277,
        "fair_value": 30.443453,
        "relative_strength": -0.125795,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.254087,
        "energy": 23.036736,
        "activity_lines": [
          51.151086,
          51.691562,
          49.895984,
          48.440906
        ]
      },
      {
        "date": "2024-07-05",
        "close": 49.734004,
        "volume": 7520499,
        "typical_volume": 18775304.7,
        "trend": 47.033977,
        "fair_value": 30.646192,
        "relative_strength": -1.005257,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.555855,
        "energy": 20.933368,
        "activity_lines": [
          50.358875,
          51.383865,
          50.096243,
          48.625469
        ]
      },
      {
        "date": "2024-07-12",
        "close": 52.662463,
        "volume": 16536159,
        "typical_volume": 18457713.7,
        "trend": 47.296609,
        "fair_value": 30.877201,
        "relative_strength": 3.311852,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.049587,
        "energy": 21.125681,
        "activity_lines": [
          50.913356,
          51.598112,
          50.538642,
          48.988597
        ]
      },
      {
        "date": "2024-07-19",
        "close": 46.446958,
        "volume": 18795427,
        "typical_volume": 18009075.1,
        "trend": 47.396549,
        "fair_value": 31.066784,
        "relative_strength": -7.287707,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.069519,
        "energy": 13.866675,
        "activity_lines": [
          49.431197,
          50.601494,
          50.328945,
          48.933781
        ]
      },
      {
        "date": "2024-07-26",
        "close": 45.01261,
        "volume": 16098875,
        "typical_volume": 17661890.35,
        "trend": 47.465942,
        "fair_value": 31.242613,
        "relative_strength": -9.547269,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -5.848912,
        "energy": 15.658364,
        "activity_lines": [
          47.820877,
          49.421599,
          49.96054,
          48.779978
        ]
      },
      {
        "date": "2024-08-02",
        "close": 37.880716,
        "volume": 30127103,
        "typical_volume": 17772479.7,
        "trend": 47.325827,
        "fair_value": 31.376208,
        "relative_strength": -22.156724,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -45.445587,
        "energy": 55.114852,
        "activity_lines": [
          44.256922,
          47.087343,
          48.894123,
          48.161577
        ]
      },
      {
        "date": "2024-08-09",
        "close": 39.39475,
        "volume": 32018868,
        "typical_volume": 18562103.05,
        "trend": 46.981518,
        "fair_value": 31.522611,
        "relative_strength": -18.977112,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.426032,
        "energy": 65.884811,
        "activity_lines": [
          41.939388,
          45.299299,
          47.986509,
          47.649894
        ]
      },
      {
        "date": "2024-08-16",
        "close": 40.101962,
        "volume": 16846930,
        "typical_volume": 18803588.35,
        "trend": 46.758065,
        "fair_value": 31.677663,
        "relative_strength": -20.565535,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.338577,
        "energy": 70.141041,
        "activity_lines": [
          40.546876,
          43.928881,
          47.163515,
          47.206052
        ]
      },
      {
        "date": "2024-08-23",
        "close": 42.442738,
        "volume": 18572123,
        "typical_volume": 18284297.65,
        "trend": 46.633556,
        "fair_value": 31.837019,
        "relative_strength": -16.960769,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -38.672789,
        "energy": 67.509079,
        "activity_lines": [
          40.771989,
          43.22203,
          46.577965,
          46.927644
        ]
      },
      {
        "date": "2024-08-30",
        "close": 40.679686,
        "volume": 14756265,
        "typical_volume": 17690772.3,
        "trend": 46.362291,
        "fair_value": 31.961074,
        "relative_strength": -20.439198,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.508751,
        "energy": 54.414633,
        "activity_lines": [
          40.676366,
          42.362871,
          45.855811,
          46.543523
        ]
      },
      {
        "date": "2024-09-06",
        "close": 36.814916,
        "volume": 17229431,
        "typical_volume": 17720738.25,
        "trend": 46.126554,
        "fair_value": 32.042371,
        "relative_strength": -24.639633,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -76.435247,
        "energy": 60.371448,
        "activity_lines": [
          39.581347,
          40.995351,
          44.807087,
          45.927564
        ]
      },
      {
        "date": "2024-09-13",
        "close": 40.171688,
        "volume": 22426998,
        "typical_volume": 18054953.15,
        "trend": 46.065129,
        "fair_value": 32.157661,
        "relative_strength": -20.601248,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.17258,
        "energy": 46.623664,
        "activity_lines": [
          39.676307,
          40.459825,
          44.130894,
          45.543379
        ]
      },
      {
        "date": "2024-09-20",
        "close": 44.225711,
        "volume": 19859620,
        "typical_volume": 17714933.25,
        "trend": 46.204911,
        "fair_value": 32.314072,
        "relative_strength": -13.522877,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -45.361142,
        "energy": 34.645803,
        "activity_lines": [
          41.070811,
          40.835254,
          43.883583,
          45.424707
        ]
      },
      {
        "date": "2024-09-27",
        "close": 47.791658,
        "volume": 26803056,
        "typical_volume": 18042039.0,
        "trend": 46.404458,
        "fair_value": 32.480424,
        "relative_strength": -6.881677,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.441709,
        "energy": 15.713176,
        "activity_lines": [
          43.379048,
          42.012433,
          43.994907,
          45.527077
        ]
      },
      {
        "date": "2024-10-04",
        "close": 51.636506,
        "volume": 23746895,
        "typical_volume": 18369857.9,
        "trend": 46.756737,
        "fair_value": 32.676488,
        "relative_strength": 0.307346,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 1.442969,
        "energy": 18.786749,
        "activity_lines": [
          46.612306,
          43.864227,
          44.486303,
          45.864629
        ]
      },
      {
        "date": "2024-10-11",
        "close": 51.14843,
        "volume": 16994413,
        "typical_volume": 18341152.05,
        "trend": 47.09673,
        "fair_value": 32.846121,
        "relative_strength": -1.840132,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 29.138408,
        "energy": 37.252917,
        "activity_lines": [
          48.952417,
          45.506844,
          44.936956,
          46.147964
        ]
      },
      {
        "date": "2024-10-18",
        "close": 57.792247,
        "volume": 33814369,
        "typical_volume": 19338311.9,
        "trend": 47.589123,
        "fair_value": 33.05239,
        "relative_strength": 9.783481,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 48.634661,
        "energy": 65.104405,
        "activity_lines": [
          52.551567,
          48.116197,
          46.028132,
          46.837997
        ]
      },
      {
        "date": "2024-10-25",
        "close": 53.578851,
        "volume": 24071815,
        "typical_volume": 19742017.85,
        "trend": 47.936753,
        "fair_value": 33.241972,
        "relative_strength": 2.766748,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 29.218295,
        "energy": 62.978985,
        "activity_lines": [
          53.571547,
          49.624979,
          46.706127,
          47.224431
        ]
      },
      {
        "date": "2024-11-01",
        "close": 52.293915,
        "volume": 18850553,
        "typical_volume": 19949746.75,
        "trend": 48.045989,
        "fair_value": 33.406284,
        "relative_strength": 1.830465,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 28.975992,
        "energy": 62.286849,
        "activity_lines": [
          53.539672,
          50.655101,
          47.259897,
          47.505538
        ]
      },
      {
        "date": "2024-11-08",
        "close": 52.333758,
        "volume": 23280186,
        "typical_volume": 20613548.65,
        "trend": 48.143937,
        "fair_value": 33.567178,
        "relative_strength": -2.515013,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 35.658106,
        "energy": 55.113192,
        "activity_lines": [
          53.220928,
          51.513355,
          47.814615,
          47.782169
        ]
      },
      {
        "date": "2024-11-15",
        "close": 53.379637,
        "volume": 28895117,
        "typical_volume": 21362235.1,
        "trend": 48.326218,
        "fair_value": 33.749214,
        "relative_strength": 1.731466,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.175741,
        "energy": 33.893532,
        "activity_lines": [
          53.204327,
          52.349877,
          48.464341,
          48.119956
        ]
      },
      {
        "date": "2024-11-22",
        "close": 59.874043,
        "volume": 26415864,
        "typical_volume": 22307003.35,
        "trend": 48.683477,
        "fair_value": 33.980543,
        "relative_strength": 12.222265,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 79.809187,
        "energy": 53.527581,
        "activity_lines": [
          55.203781,
          54.066023,
          49.711758,
          48.864977
        ]
      },
      {
        "date": "2024-11-29",
        "close": 59.333407,
        "volume": 11884810,
        "typical_volume": 22074435.9,
        "trend": 49.053925,
        "fair_value": 34.221543,
        "relative_strength": 9.941857,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.807344,
        "energy": 60.242484,
        "activity_lines": [
          56.884237,
          55.325646,
          50.8594,
          49.552069
        ]
      },
      {
        "date": "2024-12-06",
        "close": 60.94025,
        "volume": 15814237,
        "typical_volume": 21925376.4,
        "trend": 49.394928,
        "fair_value": 34.472843,
        "relative_strength": 11.909756,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.419708,
        "energy": 76.544855,
        "activity_lines": [
          58.716669,
          56.602738,
          52.128309,
          50.318929
        ]
      },
      {
        "date": "2024-12-13",
        "close": 54.183527,
        "volume": 22565161,
        "typical_volume": 22248690.7,
        "trend": 49.439654,
        "fair_value": 34.68591,
        "relative_strength": 0.23766,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.192355,
        "energy": 62.815107,
        "activity_lines": [
          57.720439,
          56.41227,
          52.684704,
          50.627871
        ]
      },
      {
        "date": "2024-12-20",
        "close": 52.337155,
        "volume": 18005691,
        "typical_volume": 21642620.1,
        "trend": 49.424826,
        "fair_value": 34.880348,
        "relative_strength": -1.274478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.466429,
        "energy": 40.237203,
        "activity_lines": [
          55.985433,
          55.839787,
          53.021584,
          50.814806
        ]
      },
      {
        "date": "2024-12-27",
        "close": 52.387057,
        "volume": 6272122,
        "typical_volume": 20355282.8,
        "trend": 49.327991,
        "fair_value": 35.077709,
        "relative_strength": -1.749037,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.546936,
        "energy": 24.014862,
        "activity_lines": [
          54.33656,
          55.254765,
          53.294376,
          51.005918
        ]
      },
      {
        "date": "2025-01-03",
        "close": 53.015822,
        "volume": 11842059,
        "typical_volume": 20105039.25,
        "trend": 49.322172,
        "fair_value": 35.267293,
        "relative_strength": -0.02298,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.411463,
        "energy": 25.774548,
        "activity_lines": [
          53.396407,
          54.88234,
          53.565182,
          51.243842
        ]
      },
      {
        "date": "2025-01-10",
        "close": 49.143431,
        "volume": 17188695,
        "typical_volume": 20035867.85,
        "trend": 49.237078,
        "fair_value": 35.439164,
        "relative_strength": -5.06815,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.428731,
        "energy": 19.937393,
        "activity_lines": [
          51.58663,
          53.816081,
          53.405695,
          51.232311
        ]
      },
      {
        "date": "2025-01-17",
        "close": 51.528744,
        "volume": 17180368,
        "typical_volume": 20157073.0,
        "trend": 49.24245,
        "fair_value": 35.641497,
        "relative_strength": -3.055476,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.593215,
        "energy": 17.683189,
        "activity_lines": [
          51.358412,
          53.240796,
          53.441472,
          51.38016
        ]
      },
      {
        "date": "2025-01-24",
        "close": 55.890174,
        "volume": 22292976,
        "typical_volume": 20410250.25,
        "trend": 49.471894,
        "fair_value": 35.878899,
        "relative_strength": 3.443059,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.685083,
        "energy": 16.68294,
        "activity_lines": [
          52.760989,
          53.473136,
          53.840961,
          51.809046
        ]
      },
      {
        "date": "2025-01-31",
        "close": 49.343039,
        "volume": 35742474,
        "typical_volume": 21076024.05,
        "trend": 49.458862,
        "fair_value": 36.068935,
        "relative_strength": -7.379997,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.31538,
        "energy": 8.734403,
        "activity_lines": [
          51.74432,
          52.469441,
          53.526079,
          51.800732
        ]
      },
      {
        "date": "2025-02-07",
        "close": 49.832078,
        "volume": 18877362,
        "typical_volume": 21026911.15,
        "trend": 49.364515,
        "fair_value": 36.247125,
        "relative_strength": -6.181586,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.041553,
        "energy": 8.296534,
        "activity_lines": [
          51.093599,
          51.746135,
          53.214099,
          51.824811
        ]
      },
      {
        "date": "2025-02-14",
        "close": 47.097452,
        "volume": 18595028,
        "typical_volume": 20616509.75,
        "trend": 49.386199,
        "fair_value": 36.420672,
        "relative_strength": -12.47755,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -7.841635,
        "energy": 19.939153,
        "activity_lines": [
          49.743585,
          50.698376,
          52.614981,
          51.678549
        ]
      },
      {
        "date": "2025-02-21",
        "close": 43.394728,
        "volume": 22514318,
        "typical_volume": 20554880.9,
        "trend": 49.332269,
        "fair_value": 36.554041,
        "relative_strength": -17.912278,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -38.50307,
        "energy": 52.774862,
        "activity_lines": [
          47.295729,
          49.229081,
          51.666529,
          51.292002
        ]
      },
      {
        "date": "2025-02-28",
        "close": 43.953629,
        "volume": 24384066,
        "typical_volume": 20924363.55,
        "trend": 49.5347,
        "fair_value": 36.68674,
        "relative_strength": -15.891401,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.68146,
        "energy": 60.29996,
        "activity_lines": [
          45.576441,
          48.057565,
          50.810552,
          50.944993
        ]
      },
      {
        "date": "2025-03-07",
        "close": 41.747964,
        "volume": 25461557,
        "typical_volume": 20506722.95,
        "trend": 49.61314,
        "fair_value": 36.782257,
        "relative_strength": -17.420401,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -48.504271,
        "energy": 67.318639,
        "activity_lines": [
          43.9177,
          46.637447,
          49.778773,
          50.442623
        ]
      },
      {
        "date": "2025-03-14",
        "close": 42.386708,
        "volume": 22185853,
        "typical_volume": 20412424.85,
        "trend": 49.689298,
        "fair_value": 36.88009,
        "relative_strength": -14.095104,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.287116,
        "energy": 67.564143,
        "activity_lines": [
          42.978213,
          45.526902,
          48.884227,
          49.976402
        ]
      },
      {
        "date": "2025-03-21",
        "close": 44.442668,
        "volume": 15086341,
        "typical_volume": 20224214.25,
        "trend": 49.755963,
        "fair_value": 36.982406,
        "relative_strength": -10.290689,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -63.251994,
        "energy": 67.143239,
        "activity_lines": [
          43.220403,
          44.983424,
          48.238784,
          49.637909
        ]
      },
      {
        "date": "2025-03-28",
        "close": 41.747964,
        "volume": 12546994,
        "typical_volume": 19687554.65,
        "trend": 49.791572,
        "fair_value": 37.065734,
        "relative_strength": -14.310526,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.220353,
        "energy": 59.537084,
        "activity_lines": [
          42.741345,
          44.035469,
          47.374089,
          49.121264
        ]
      },
      {
        "date": "2025-04-04",
        "close": 37.755808,
        "volume": 25323231,
        "typical_volume": 19508960.35,
        "trend": 49.822935,
        "fair_value": 37.115345,
        "relative_strength": -14.382916,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -76.71614,
        "energy": 59.072737,
        "activity_lines": [
          41.041352,
          42.539499,
          46.179597,
          48.344763
        ]
      },
      {
        "date": "2025-04-11",
        "close": 40.759905,
        "volume": 27115453,
        "typical_volume": 19543939.8,
        "trend": 49.842542,
        "fair_value": 37.177294,
        "relative_strength": -12.114004,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.610952,
        "energy": 48.178701,
        "activity_lines": [
          40.755913,
          41.919445,
          45.345608,
          47.760052
        ]
      },
      {
        "date": "2025-04-18",
        "close": 41.099238,
        "volume": 11022092,
        "typical_volume": 19500803.9,
        "trend": 49.738326,
        "fair_value": 37.264653,
        "relative_strength": -9.716686,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.562131,
        "energy": 48.434675,
        "activity_lines": [
          40.649455,
          41.517144,
          44.634957,
          47.195968
        ]
      },
      {
        "date": "2025-04-25",
        "close": 43.903727,
        "volume": 15790737,
        "typical_volume": 19499628.9,
        "trend": 49.608729,
        "fair_value": 37.382241,
        "relative_strength": -7.424989,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.661611,
        "energy": 41.805231,
        "activity_lines": [
          41.563659,
          41.78353,
          44.27823,
          46.819542
        ]
      },
      {
        "date": "2025-05-02",
        "close": 46.917805,
        "volume": 18540535,
        "typical_volume": 19298397.6,
        "trend": 49.451439,
        "fair_value": 37.531656,
        "relative_strength": -3.609474,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -36.129914,
        "energy": 22.376646,
        "activity_lines": [
          43.518484,
          42.655997,
          44.289683,
          46.645934
        ]
      },
      {
        "date": "2025-05-09",
        "close": 50.630509,
        "volume": 23565678,
        "typical_volume": 19576396.95,
        "trend": 49.434175,
        "fair_value": 37.716487,
        "relative_strength": 4.672333,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -4.602868,
        "energy": 16.462407,
        "activity_lines": [
          46.366222,
          44.139446,
          44.689326,
          46.722003
        ]
      },
      {
        "date": "2025-05-16",
        "close": 51.16945,
        "volume": 24964817,
        "typical_volume": 20511031.7,
        "trend": 49.213415,
        "fair_value": 37.895568,
        "relative_strength": 0.808794,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 12.12009,
        "energy": 28.239932,
        "activity_lines": [
          48.535293,
          45.599486,
          45.148424,
          46.833956
        ]
      },
      {
        "date": "2025-05-23",
        "close": 58.574898,
        "volume": 25657817,
        "typical_volume": 21201819.6,
        "trend": 49.37995,
        "fair_value": 38.110821,
        "relative_strength": 18.400223,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 50.008959,
        "energy": 60.740786,
        "activity_lines": [
          52.478877,
          48.234671,
          46.318601,
          47.437923
        ]
      },
      {
        "date": "2025-05-30",
        "close": 58.415212,
        "volume": 33965729,
        "typical_volume": 22040671.3,
        "trend": 49.583993,
        "fair_value": 38.326573,
        "relative_strength": 16.202762,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 45.371446,
        "energy": 72.085937,
        "activity_lines": [
          55.204188,
          50.546492,
          47.447098,
          48.020843
        ]
      },
      {
        "date": "2025-06-06",
        "close": 60.301505,
        "volume": 19357968,
        "typical_volume": 22149551.3,
        "trend": 49.849584,
        "fair_value": 38.551053,
        "relative_strength": 18.00895,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 46.409666,
        "energy": 77.35879,
        "activity_lines": [
          57.590832,
          52.947229,
          48.71109,
          48.712295
        ]
      },
      {
        "date": "2025-06-13",
        "close": 66.529267,
        "volume": 44129170,
        "typical_volume": 23241361.0,
        "trend": 50.287905,
        "fair_value": 38.846306,
        "relative_strength": 30.22321,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 64.035393,
        "energy": 86.504831,
        "activity_lines": [
          61.161149,
          56.14295,
          50.526428,
          49.788404
        ]
      },
      {
        "date": "2025-06-20",
        "close": 68.13611,
        "volume": 25324115,
        "typical_volume": 22720443.05,
        "trend": 50.563308,
        "fair_value": 39.140242,
        "relative_strength": 33.012434,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 86.763177,
        "energy": 94.415889,
        "activity_lines": [
          64.207164,
          59.107669,
          52.444136,
          50.939901
        ]
      },
      {
        "date": "2025-06-27",
        "close": 73.126304,
        "volume": 30672793,
        "typical_volume": 23310214.6,
        "trend": 51.023071,
        "fair_value": 39.470483,
        "relative_strength": 37.115736,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.37286,
        "energy": 95.870461,
        "activity_lines": [
          67.785466,
          62.481948,
          54.747609,
          52.395578
        ]
      },
      {
        "date": "2025-07-04",
        "close": 73.305951,
        "volume": 17940933,
        "typical_volume": 23277509.85,
        "trend": 51.435261,
        "fair_value": 39.79902,
        "relative_strength": 34.372183,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.959358,
        "energy": 93.530563,
        "activity_lines": [
          70.453556,
          65.306579,
          56.957267,
          53.833183
        ]
      },
      {
        "date": "2025-07-11",
        "close": 72.557422,
        "volume": 26598714,
        "typical_volume": 23481729.65,
        "trend": 52.047724,
        "fair_value": 40.121996,
        "relative_strength": 32.748362,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.07679,
        "energy": 89.575647,
        "activity_lines": [
          71.879421,
          67.460528,
          58.970834,
          55.195903
        ]
      },
      {
        "date": "2025-07-18",
        "close": 78.815125,
        "volume": 26752390,
        "typical_volume": 23600145.85,
        "trend": 52.930323,
        "fair_value": 40.484197,
        "relative_strength": 42.042871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.604149,
        "energy": 91.323582,
        "activity_lines": [
          74.574126,
          70.286067,
          61.441503,
          56.922833
        ]
      },
      {
        "date": "2025-07-25",
        "close": 79.44389,
        "volume": 22565540,
        "typical_volume": 23455345.0,
        "trend": 53.832218,
        "fair_value": 40.82986,
        "relative_strength": 39.790227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.568459,
        "energy": 85.987931,
        "activity_lines": [
          76.659361,
          72.713479,
          63.806047,
          58.633385
        ]
      },
      {
        "date": "2025-08-01",
        "close": 72.786971,
        "volume": 25609364,
        "typical_volume": 23626520.55,
        "trend": 54.491256,
        "fair_value": 41.132851,
        "relative_strength": 29.981013,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.371236,
        "energy": 66.131317,
        "activity_lines": [
          75.771772,
          73.416461,
          65.357095,
          59.856273
        ]
      },
      {
        "date": "2025-08-08",
        "close": 76.769146,
        "volume": 19315990,
        "typical_volume": 23838003.0,
        "trend": 55.412113,
        "fair_value": 41.463337,
        "relative_strength": 32.474742,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.296065,
        "energy": 66.20425,
        "activity_lines": [
          76.234197,
          74.585074,
          67.142634,
          61.293556
        ]
      },
      {
        "date": "2025-08-15",
        "close": 75.451734,
        "volume": 17391766,
        "typical_volume": 24080241.6,
        "trend": 56.209546,
        "fair_value": 41.803914,
        "relative_strength": 27.745647,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.03952,
        "energy": 61.285024,
        "activity_lines": [
          76.026605,
          75.180449,
          68.648769,
          62.586435
        ]
      },
      {
        "date": "2025-08-22",
        "close": 74.763088,
        "volume": 22544425,
        "typical_volume": 23941301.3,
        "trend": 56.838643,
        "fair_value": 42.113923,
        "relative_strength": 25.179264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.26351,
        "energy": 52.926269,
        "activity_lines": [
          75.39651,
          75.375158,
          69.928825,
          63.783437
        ]
      },
      {
        "date": "2025-08-29",
        "close": 77.238224,
        "volume": 18536367,
        "typical_volume": 23512347.0,
        "trend": 57.768483,
        "fair_value": 42.426085,
        "relative_strength": 28.132949,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.315231,
        "energy": 49.829255,
        "activity_lines": [
          75.861596,
          75.870185,
          71.268383,
          65.099539
        ]
      },
      {
        "date": "2025-09-05",
        "close": 75.701244,
        "volume": 12908708,
        "typical_volume": 23606677.8,
        "trend": 58.630788,
        "fair_value": 42.719572,
        "relative_strength": 23.934508,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.851409,
        "energy": 45.74176,
        "activity_lines": [
          75.9614,
          75.920268,
          72.287856,
          66.256492
        ]
      },
      {
        "date": "2025-09-12",
        "close": 77.956812,
        "volume": 18193521,
        "typical_volume": 23726817.0,
        "trend": 59.659434,
        "fair_value": 43.041864,
        "relative_strength": 24.480557,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.108302,
        "energy": 47.595921,
        "activity_lines": [
          76.618775,
          76.333638,
          73.357374,
          67.503332
        ]
      },
      {
        "date": "2025-09-19",
        "close": 86.010985,
        "volume": 34346652,
        "typical_volume": 24517122.85,
        "trend": 61.079975,
        "fair_value": 43.432671,
        "relative_strength": 34.291452,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.638381,
        "energy": 59.248437,
        "activity_lines": [
          79.881696,
          78.126841,
          75.031798,
          69.203432
        ]
      },
      {
        "date": "2025-09-26",
        "close": 85.412162,
        "volume": 27415803,
        "typical_volume": 24709629.1,
        "trend": 62.461927,
        "fair_value": 43.811895,
        "relative_strength": 32.562016,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.632278,
        "energy": 59.428288,
        "activity_lines": [
          82.24106,
          79.566558,
          76.463033,
          70.77325
        ]
      },
      {
        "date": "2025-10-03",
        "close": 84.004927,
        "volume": 18826746,
        "typical_volume": 24402725.55,
        "trend": 63.870492,
        "fair_value": 44.180892,
        "relative_strength": 28.070028,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.374824,
        "energy": 62.351155,
        "activity_lines": [
          83.421407,
          80.630467,
          77.594619,
          72.163121
        ]
      },
      {
        "date": "2025-10-10",
        "close": 86.480063,
        "volume": 24681851,
        "typical_volume": 24353927.25,
        "trend": 65.34027,
        "fair_value": 44.600099,
        "relative_strength": 33.97897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.912445,
        "energy": 66.597836,
        "activity_lines": [
          84.975686,
          82.061473,
          78.805573,
          73.621803
        ]
      },
      {
        "date": "2025-10-17",
        "close": 86.420181,
        "volume": 31823358,
        "typical_volume": 24246808.7,
        "trend": 66.739521,
        "fair_value": 45.002988,
        "relative_strength": 30.830869,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.641113,
        "energy": 54.417993,
        "activity_lines": [
          85.791416,
          83.232626,
          79.877942,
          74.981798
        ]
      },
      {
        "date": "2025-10-24",
        "close": 87.957161,
        "volume": 23521125,
        "typical_volume": 24454966.55,
        "trend": 68.279827,
        "fair_value": 45.412937,
        "relative_strength": 29.720335,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.834528,
        "energy": 51.900919,
        "activity_lines": [
          86.555249,
          84.507757,
          80.963333,
          76.350678
        ]
      },
      {
        "date": "2025-10-31",
        "close": 102.009547,
        "volume": 47461452,
        "typical_volume": 24621580.65,
        "trend": 70.421619,
        "fair_value": 45.922106,
        "relative_strength": 47.769676,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.135506,
        "energy": 62.576112,
        "activity_lines": [
          91.873465,
          88.110496,
          83.255352,
          78.526789
        ]
      },
      {
        "date": "2025-11-07",
        "close": 92.079061,
        "volume": 28360525,
        "typical_volume": 24773401.15,
        "trend": 72.132257,
        "fair_value": 46.357207,
        "relative_strength": 34.346333,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.63436,
        "energy": 50.997742,
        "activity_lines": [
          92.775027,
          89.412301,
          84.432658,
          79.924043
        ]
      },
      {
        "date": "2025-11-14",
        "close": 84.59377,
        "volume": 20576527,
        "typical_volume": 24268587.85,
        "trend": 73.582075,
        "fair_value": 46.748135,
        "relative_strength": 22.472545,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.980057,
        "energy": 42.682844,
        "activity_lines": [
          90.643216,
          89.083311,
          84.783065,
          80.728011
        ]
      },
      {
        "date": "2025-11-21",
        "close": 79.284203,
        "volume": 28679268,
        "typical_volume": 24805504.6,
        "trend": 74.761424,
        "fair_value": 47.102741,
        "relative_strength": 16.627724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 36.319631,
        "energy": 26.237774,
        "activity_lines": [
          86.867302,
          87.627263,
          84.573191,
          81.095891
        ]
      },
      {
        "date": "2025-11-28",
        "close": 88.336415,
        "volume": 14422979,
        "typical_volume": 24196717.85,
        "trend": 76.142045,
        "fair_value": 47.517528,
        "relative_strength": 24.623956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 36.524642,
        "energy": 17.705909,
        "activity_lines": [
          86.584524,
          87.792938,
          85.196966,
          81.971697
        ]
      },
      {
        "date": "2025-12-05",
        "close": 91.27,
        "volume": 15778183,
        "typical_volume": 23648007.5,
        "trend": 77.496694,
        "fair_value": 47.964502,
        "relative_strength": 27.582498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.396433,
        "energy": 19.805903,
        "activity_lines": [
          87.254325,
          88.449711,
          86.024991,
          82.947694
        ]
      },
      {
        "date": "2025-12-12",
        "close": 91.49,
        "volume": 17923758,
        "typical_volume": 23415918.4,
        "trend": 78.840713,
        "fair_value": 48.412632,
        "relative_strength": 27.605625,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.430495,
        "energy": 20.763602,
        "activity_lines": [
          88.713428,
          89.039977,
          86.814659,
          83.850488
        ]
      },
      {
        "date": "2025-12-19",
        "close": 89.99,
        "volume": 20453805,
        "typical_volume": 23158140.45,
        "trend": 79.887883,
        "fair_value": 48.846621,
        "relative_strength": 24.394714,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.350919,
        "energy": 28.409193,
        "activity_lines": [
          89.711802,
          89.221425,
          87.404108,
          84.569796
        ]
      },
      {
        "date": "2025-12-26",
        "close": 92.84,
        "volume": 7943979,
        "typical_volume": 22589539.9,
        "trend": 81.035376,
        "fair_value": 49.297287,
        "relative_strength": 25.496135,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.934929,
        "energy": 33.01801,
        "activity_lines": [
          91.300428,
          89.857237,
          88.183067,
          85.405417
        ]
      },
      {
        "date": "2026-01-02",
        "close": 98.56,
        "volume": 10512537,
        "typical_volume": 22245578.45,
        "trend": 82.310659,
        "fair_value": 49.773341,
        "relative_strength": 33.336646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.95231,
        "energy": 46.555091,
        "activity_lines": [
          93.892,
          91.416325,
          89.430259,
          86.536038
        ]
      },
      {
        "date": "2026-01-09",
        "close": 107.56,
        "volume": 24467176,
        "typical_volume": 22341716.0,
        "trend": 83.67835,
        "fair_value": 50.300395,
        "relative_strength": 41.483905,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.558656,
        "energy": 62.85486,
        "activity_lines": [
          98.802,
          94.418998,
          91.424555,
          88.165028
        ]
      },
      {
        "date": "2026-01-16",
        "close": 116.44,
        "volume": 20459466,
        "typical_volume": 22437870.95,
        "trend": 85.28848,
        "fair_value": 50.879211,
        "relative_strength": 51.540262,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.258948,
        "energy": 78.403954,
        "activity_lines": [
          105.586,
          98.935299,
          94.10839,
          90.278682
        ]
      },
      {
        "date": "2026-01-23",
        "close": 124.04,
        "volume": 17001326,
        "typical_volume": 22642501.85,
        "trend": 86.985603,
        "fair_value": 51.49827,
        "relative_strength": 59.597814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.717377,
        "energy": 86.537984,
        "activity_lines": [
          113.24,
          104.390492,
          97.329359,
          92.778781
        ]
      },
      {
        "date": "2026-01-30",
        "close": 123.39,
        "volume": 29834940,
        "typical_volume": 23224572.8,
        "trend": 88.655071,
        "fair_value": 52.112333,
        "relative_strength": 55.602131,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.845351,
        "energy": 89.115125,
        "activity_lines": [
          118.407333,
          109.010298,
          100.258238,
          95.127451
        ]
      },
      {
        "date": "2026-02-06",
        "close": 113.63,
        "volume": 30027650,
        "typical_volume": 23008622.7,
        "trend": 90.024157,
        "fair_value": 52.654593,
        "relative_strength": 41.657938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.647333,
        "energy": 82.081303,
        "activity_lines": [
          118.284667,
          111.053636,
          102.041246,
          96.738737
        ]
      },
      {
        "date": "2026-02-13",
        "close": 112.9,
        "volume": 20360935,
        "typical_volume": 22655879.3,
        "trend": 91.160319,
        "fair_value": 53.194849,
        "relative_strength": 40.544092,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.065362,
        "energy": 71.144534,
        "activity_lines": [
          116.914,
          112.504364,
          103.62321,
          98.214598
        ]
      },
      {
        "date": "2026-02-20",
        "close": 121.35,
        "volume": 14141034,
        "typical_volume": 22421593.7,
        "trend": 92.55719,
        "fair_value": 53.798831,
        "relative_strength": 46.914561,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.308433,
        "energy": 55.189256,
        "activity_lines": [
          118.004,
          115.098182,
          105.879042,
          100.162319
        ]
      },
      {
        "date": "2026-02-27",
        "close": 118.4,
        "volume": 15415590,
        "typical_volume": 21958280.65,
        "trend": 94.077624,
        "fair_value": 54.377403,
        "relative_strength": 41.836293,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.25246,
        "energy": 46.655787,
        "activity_lines": [
          117.783333,
          116.612727,
          107.676087,
          101.829597
        ]
      },
      {
        "date": "2026-03-06",
        "close": 109.68,
        "volume": 20730892,
        "typical_volume": 21403657.35,
        "trend": 95.174653,
        "fair_value": 54.918302,
        "relative_strength": 32.174368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.177882,
        "energy": 34.52014,
        "activity_lines": [
          115.032,
          116.025273,
          108.490657,
          102.836202
        ]
      },
      {
        "date": "2026-03-13",
        "close": 107.92,
        "volume": 22764720,
        "typical_volume": 21365837.1,
        "trend": 96.256928,
        "fair_value": 55.451169,
        "relative_strength": 30.273675,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.06404,
        "energy": 27.328016,
        "activity_lines": [
          112.608,
          114.811636,
          109.026847,
          103.658483
        ]
      },
      {
        "date": "2026-03-20",
        "close": 101.55,
        "volume": 18153315,
        "typical_volume": 19900430.25,
        "trend": 97.149825,
        "fair_value": 55.948938,
        "relative_strength": 23.37747,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.457237,
        "energy": 18.418535,
        "activity_lines": [
          108.441333,
          112.269636,
          108.861309,
          103.999971
        ]
      },
      {
        "date": "2026-03-27",
        "close": 103.92,
        "volume": 15087722,
        "typical_volume": 19236790.1,
        "trend": 98.039218,
        "fair_value": 56.448326,
        "relative_strength": 27.442668,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.122086,
        "energy": 20.118947,
        "activity_lines": [
          105.821333,
          110.267818,
          108.923673,
          104.436757
        ]
      },
      {
        "date": "2026-04-03",
        "close": 112.57,
        "volume": 11939933,
        "typical_volume": 18804960.4,
        "trend": 99.268176,
        "fair_value": 57.009026,
        "relative_strength": 31.584096,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.207876,
        "energy": 18.923293,
        "activity_lines": [
          107.246667,
          110.066364,
          109.753462,
          105.374227
        ]
      },
      {
        "date": "2026-04-10",
        "close": 116.04,
        "volume": 11376197,
        "typical_volume": 17939806.85,
        "trend": 100.537616,
        "fair_value": 57.585915,
        "relative_strength": 29.141546,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.153526,
        "energy": 14.152023,
        "activity_lines": [
          110.217333,
          110.704364,
          110.780507,
          106.45628
        ]
      },
      {
        "date": "2026-04-17",
        "close": 120.66,
        "volume": 16860623,
        "typical_volume": 18061689.05,
        "trend": 101.692583,
        "fair_value": 58.196944,
        "relative_strength": 26.804857,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.295512,
        "energy": 31.197834,
        "activity_lines": [
          114.304,
          112.316,
          112.072524,
          107.754498
        ]
      },
      {
        "date": "2026-04-24",
        "close": 122.15,
        "volume": 17357514,
        "typical_volume": 18140655.6,
        "trend": 102.917178,
        "fair_value": 58.804779,
        "relative_strength": 26.051225,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 58.11404,
        "energy": 48.203312,
        "activity_lines": [
          118.038,
          114.070727,
          113.352524,
          109.074331
        ]
      },
      {
        "date": "2026-05-01",
        "close": 120.6,
        "volume": 12600525,
        "typical_volume": 17874493.95,
        "trend": 104.137013,
        "fair_value": 59.402233,
        "relative_strength": 21.849406,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.946231,
        "energy": 53.413124,
        "activity_lines": [
          119.882,
          115.375455,
          114.337857,
          110.215159
        ]
      },
      {
        "date": "2026-05-08",
        "close": 116.75,
        "volume": 17853821,
        "typical_volume": 17744494.75,
        "trend": 105.146011,
        "fair_value": 59.974051,
        "relative_strength": 14.16611,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.893827,
        "energy": 49.567914,
        "activity_lines": [
          119.330667,
          115.993818,
          114.817905,
          111.0289
        ]
      },
      {
        "date": "2026-05-15",
        "close": 107.51,
        "volume": 16662912,
        "typical_volume": 18180441.4,
        "trend": 105.849005,
        "fair_value": 60.491672,
        "relative_strength": 4.067937,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.208542,
        "energy": 22.037395,
        "activity_lines": [
          115.420667,
          114.962182,
          114.290524,
          111.181415
        ]
      },
      {
        "date": "2026-05-22",
        "close": 104.75,
        "volume": 14645735,
        "typical_volume": 18387101.3,
        "trend": 106.408767,
        "fair_value": 60.988862,
        "relative_strength": -0.008779,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.943607,
        "energy": 10.215502,
        "activity_lines": [
          111.159333,
          113.468182,
          113.430429,
          111.110512
        ]
      },
      {
        "date": "2026-05-29",
        "close": 112.7,
        "volume": 11083615,
        "typical_volume": 17717923.25,
        "trend": 106.765115,
        "fair_value": 61.519616,
        "relative_strength": 5.335867,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.293187,
        "energy": 16.820547,
        "activity_lines": [
          110.608667,
          113.477273,
          113.298,
          111.516398
        ]
      },
      {
        "date": "2026-06-05",
        "close": 103.44,
        "volume": 17465041,
        "typical_volume": 17568202.0,
        "trend": 107.143813,
        "fair_value": 61.986677,
        "relative_strength": -1.353331,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -0.7924,
        "energy": 14.128584,
        "activity_lines": [
          107.601333,
          111.6,
          112.25919,
          111.301874
        ]
      },
      {
        "date": "2026-06-12",
        "close": 100.96,
        "volume": 20853009,
        "typical_volume": 17760786.15,
        "trend": 107.689354,
        "fair_value": 62.431469,
        "relative_strength": -4.565559,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.048407,
        "energy": 31.674756,
        "activity_lines": [
          104.911333,
          109.280545,
          111.046095,
          110.902918
        ]
      },
      {
        "date": "2026-06-19",
        "close": 106.49,
        "volume": 11570168,
        "typical_volume": 16847547.55,
        "trend": 108.596214,
        "fair_value": 62.923563,
        "relative_strength": -0.621792,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.427395,
        "energy": 32.987999,
        "activity_lines": [
          105.117333,
          108.177636,
          110.469571,
          110.825541
        ]
      },
      {
        "date": "2026-06-26",
        "close": 104.49,
        "volume": 14752230,
        "typical_volume": 16083776.55,
        "trend": 109.134667,
        "fair_value": 63.393723,
        "relative_strength": -0.422184,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.057598,
        "energy": 34.15725,
        "activity_lines": [
          104.724667,
          106.884727,
          109.783048,
          110.560624
        ]
      },
      {
        "date": "2026-07-03",
        "close": 96.54,
        "volume": 13560535,
        "typical_volume": 15743756.55,
        "trend": 109.310333,
        "fair_value": 63.82401,
        "relative_strength": -10.082314,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -38.477259,
        "energy": 43.131441,
        "activity_lines": [
          101.699333,
          104.440364,
          108.382905,
          109.748065
        ]
      },
      {
        "date": "2026-07-10",
        "close": 95.99,
        "volume": 13234453,
        "typical_volume": 15698427.5,
        "trend": 109.460333,
        "fair_value": 64.238345,
        "relative_strength": -11.910761,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -65.083867,
        "energy": 53.660436,
        "activity_lines": [
          99.568,
          102.361636,
          107.008286,
          108.888688
        ]
      },
      {
        "date": "2026-07-17",
        "close": 85.62,
        "volume": 24531903,
        "typical_volume": 16154243.15,
        "trend": 109.314667,
        "fair_value": 64.579195,
        "relative_strength": -20.069167,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.175977,
        "energy": 71.194965,
        "activity_lines": [
          94.476667,
          98.844909,
          104.76681,
          107.350602
        ]
      },
      {
        "date": "2026-07-24",
        "close": 87.86,
        "volume": 21169130,
        "typical_volume": 16176155.05,
        "trend": 109.148667,
        "fair_value": 64.92593,
        "relative_strength": -17.414997,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.925681,
        "energy": 74.835103,
        "activity_lines": [
          91.154667,
          96.301455,
          102.894762,
          105.96643
        ]
      },
      {
        "date": "2026-07-31",
        "close": 86.38,
        "volume": 19317851,
        "typical_volume": 16003811.6,
        "trend": 108.742667,
        "fair_value": 65.266172,
        "relative_strength": -19.657155,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.82627,
        "energy": 76.437501,
        "activity_lines": [
          88.581333,
          93.846182,
          100.985667,
          104.497484
        ]
      },
      {
        "date": "2026-08-07",
        "close": 97.39,
        "volume": 16100077,
        "typical_volume": 15901149.7,
        "trend": 108.403667,
        "fair_value": 65.668708,
        "relative_strength": -12.537658,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.422264,
        "energy": 63.027576,
        "activity_lines": [
          90.885333,
          93.726727,
          100.227714,
          103.765054
        ]
      }
    ],
    "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."
    }
  }
}