{
  "ticker": {
    "uuid": "44eec6ad-cea2-4801-a8fb-bb1cbd6ed5ba",
    "symbol": "THLV",
    "name": "THOR EQUAL WEIGHT LOW VOLATILITY ETF",
    "exchange": "NYSE",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 61.279,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 32.544,
    "architecture_energy": 18.508,
    "architecture_maturity": 71.148,
    "architecture_confidence": 78.109,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 46.6,
        "rotation_up": 26.39,
        "upward_expansion": 56.61,
        "deceleration": 87.95,
        "rotation_down": 31.18,
        "downward_expansion": 20.28
      },
      "activity_lines": [
        32.81958,
        32.956836,
        32.785629,
        32.616536
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.166667
    },
    "latest_close": 32.8114,
    "trend_reference": 32.405093,
    "distance_from_trend": 0.012538,
    "trend_direction": "Improving",
    "fair_value": 27.818369,
    "distance_from_fair_value": 0.179487,
    "fair_value_direction": "Weakening",
    "relative_strength": -6.233794,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.013323,
    "excess_performance": -0.112302,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.012538,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.032805,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.179487,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.019067,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.062338,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.023417,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.013323,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.270168,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 40259,
      "relative_activity": 0.692279,
      "balance": 1.270168,
      "dry_up": 0.913226,
      "accumulation_observations": 1,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.019206,
      "annualized_volatility": 0.09587,
      "from_high_reference": -0.01997,
      "from_low_reference": 0.154303
    },
    "levels": {
      "trend_reference": 32.405093,
      "fair_value_reference": 27.818369,
      "structural_low": 31.1478,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 23,
        "median_return": 0.0129,
        "positive_rate": 0.695652,
        "directional_follow_through": 0.695652,
        "median_excess_return": -0.010258,
        "regime_survival": 0.826087,
        "best_return": 0.048747,
        "worst_return": -0.053825,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 6,
        "median_return": 0.025036,
        "positive_rate": 0.833333,
        "directional_follow_through": 0.833333,
        "median_excess_return": -0.018426,
        "regime_survival": 0.5,
        "best_return": 0.067793,
        "worst_return": -0.03996,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.071715,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.036506,
        "regime_survival": 0.75,
        "best_return": 0.081643,
        "worst_return": -0.050597,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.088912,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.070972,
        "regime_survival": 0.5,
        "best_return": 0.168386,
        "worst_return": 0.009438,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-03-22",
        "end": "2024-04-26",
        "tenure": "Developing",
        "return": -0.017844,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.033687,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-06-14",
        "tenure": "New",
        "return": -0.007055,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-21",
        "end": "2024-07-12",
        "tenure": "New",
        "return": 0.016559,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2025-01-10",
        "tenure": "Established",
        "return": 0.01058,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-17",
        "end": "2025-02-21",
        "tenure": "Developing",
        "return": -0.001419,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-02-28",
        "end": "2025-05-23",
        "tenure": "Established",
        "return": 0.008468,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-30",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.042165,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-11",
        "end": "2026-03-20",
        "tenure": "Extended",
        "return": 0.091571,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-05-08",
        "tenure": "Developing",
        "return": 0.025417,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.02744,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 23.616331,
        "volume": 83429,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 23.661881,
        "volume": 46977,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 24.107747,
        "volume": 71068,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 23.805337,
        "volume": 38056,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 23.886326,
        "volume": 402377,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 23.229624,
        "volume": 578885,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 22.967661,
        "volume": 1101719,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 22.769677,
        "volume": 43007,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 22.926458,
        "volume": 45085,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 22.746902,
        "volume": 110839,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 22.491743,
        "volume": 68331,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 22.813054,
        "volume": 132923,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 22.71496,
        "volume": 82007,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 23.063865,
        "volume": 69498,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 23.155722,
        "volume": 40889,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 23.638633,
        "volume": 45921,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 23.691933,
        "volume": 53732,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 24.431921,
        "volume": 38617,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 24.505125,
        "volume": 62280,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 24.679885,
        "volume": 45966,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 24.41095,
        "volume": 34589,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 24.527747,
        "volume": 21483,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 24.438426,
        "volume": 38532,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 24.525126,
        "volume": 63637,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 24.830372,
        "volume": 31597,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 24.913868,
        "volume": 39746,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 25.030568,
        "volume": 37264,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 25.427077,
        "volume": 44179,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 25.644652,
        "volume": 37187,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 25.713197,
        "volume": 79112,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 25.713391,
        "volume": 63394,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 26.116794,
        "volume": 68043,
        "typical_volume": 49883.65,
        "trend": 24.097291,
        "fair_value": 23.621486,
        "relative_strength": -6.157975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.048085,
        "energy": 93.225671,
        "activity_lines": [
          25.819567,
          25.511948,
          25.040754,
          24.582945
        ]
      },
      {
        "date": "2024-03-29",
        "close": 26.478351,
        "volume": 41220,
        "typical_volume": 47844.3,
        "trend": 24.176312,
        "fair_value": 23.656756,
        "relative_strength": -4.961017,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.767411,
        "energy": 92.922326,
        "activity_lines": [
          26.071343,
          25.737949,
          25.223577,
          24.736562
        ]
      },
      {
        "date": "2024-04-05",
        "close": 26.194173,
        "volume": 42925,
        "typical_volume": 46515.65,
        "trend": 24.255939,
        "fair_value": 23.6877,
        "relative_strength": -4.92408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.438118,
        "energy": 82.155312,
        "activity_lines": [
          26.158309,
          25.875192,
          25.361415,
          24.866746
        ]
      },
      {
        "date": "2024-04-12",
        "close": 25.64106,
        "volume": 42284,
        "typical_volume": 46585.4,
        "trend": 24.314431,
        "fair_value": 23.711234,
        "relative_strength": -5.32846,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.935967,
        "energy": 65.506794,
        "activity_lines": [
          26.024268,
          25.881522,
          25.431669,
          24.956109
        ]
      },
      {
        "date": "2024-04-19",
        "close": 25.268241,
        "volume": 42785,
        "typical_volume": 46428.6,
        "trend": 24.382384,
        "fair_value": 23.72977,
        "relative_strength": -3.548158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.492985,
        "energy": 48.774543,
        "activity_lines": [
          25.770764,
          25.805327,
          25.454581,
          25.017645
        ]
      },
      {
        "date": "2024-04-26",
        "close": 25.650769,
        "volume": 65956,
        "typical_volume": 47039.8,
        "trend": 24.471821,
        "fair_value": 23.75237,
        "relative_strength": -4.40475,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.802821,
        "energy": 33.226085,
        "activity_lines": [
          25.674446,
          25.792239,
          25.506164,
          25.099476
        ]
      },
      {
        "date": "2024-05-03",
        "close": 25.6364,
        "volume": 52472,
        "typical_volume": 47732.55,
        "trend": 24.567379,
        "fair_value": 23.774277,
        "relative_strength": -4.810134,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.292476,
        "energy": 27.129951,
        "activity_lines": [
          25.604406,
          25.765263,
          25.547051,
          25.174611
        ]
      },
      {
        "date": "2024-05-10",
        "close": 26.319126,
        "volume": 45383,
        "typical_volume": 46887.7,
        "trend": 24.680468,
        "fair_value": 23.803529,
        "relative_strength": -3.872855,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 61.408436,
        "energy": 36.381205,
        "activity_lines": [
          25.818072,
          25.858613,
          25.647224,
          25.287627
        ]
      },
      {
        "date": "2024-05-17",
        "close": 26.500002,
        "volume": 22563,
        "typical_volume": 45717.55,
        "trend": 24.805571,
        "fair_value": 23.83417,
        "relative_strength": -4.616309,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 76.40994,
        "energy": 55.270845,
        "activity_lines": [
          26.0837,
          25.972586,
          25.755986,
          25.405016
        ]
      },
      {
        "date": "2024-05-24",
        "close": 26.14592,
        "volume": 35972,
        "typical_volume": 45786.7,
        "trend": 24.927377,
        "fair_value": 23.860145,
        "relative_strength": -5.719097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.959348,
        "energy": 51.443234,
        "activity_lines": [
          26.174037,
          26.007875,
          25.822358,
          25.49149
        ]
      },
      {
        "date": "2024-05-31",
        "close": 26.204173,
        "volume": 22871,
        "typical_volume": 45856.1,
        "trend": 25.040414,
        "fair_value": 23.88619,
        "relative_strength": -4.975878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.000182,
        "energy": 55.502507,
        "activity_lines": [
          26.22528,
          26.045891,
          25.886016,
          25.573864
        ]
      },
      {
        "date": "2024-06-07",
        "close": 25.961452,
        "volume": 27682,
        "typical_volume": 45313.6,
        "trend": 25.148631,
        "fair_value": 23.908995,
        "relative_strength": -6.830888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.940457,
        "energy": 44.756813,
        "activity_lines": [
          26.158723,
          26.038187,
          25.918575,
          25.633286
        ]
      },
      {
        "date": "2024-06-14",
        "close": 25.961452,
        "volume": 28750,
        "typical_volume": 43569.25,
        "trend": 25.245217,
        "fair_value": 23.931304,
        "relative_strength": -8.113259,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.517483,
        "energy": 32.783553,
        "activity_lines": [
          26.070495,
          26.039882,
          25.943881,
          25.685726
        ]
      },
      {
        "date": "2024-06-21",
        "close": 26.166891,
        "volume": 26206,
        "typical_volume": 43299.7,
        "trend": 25.345589,
        "fair_value": 23.955343,
        "relative_strength": -7.753425,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.655005,
        "energy": 28.402441,
        "activity_lines": [
          26.074592,
          26.08316,
          25.981913,
          25.745189
        ]
      },
      {
        "date": "2024-06-28",
        "close": 25.977763,
        "volume": 42122,
        "typical_volume": 43418.5,
        "trend": 25.42356,
        "fair_value": 23.976858,
        "relative_strength": -8.132957,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.999435,
        "energy": 21.232659,
        "activity_lines": [
          26.037854,
          26.082491,
          25.995569,
          25.785974
        ]
      },
      {
        "date": "2024-07-05",
        "close": 26.09058,
        "volume": 24450,
        "typical_volume": 42777.8,
        "trend": 25.503515,
        "fair_value": 23.999108,
        "relative_strength": -9.20436,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.448014,
        "energy": 22.424701,
        "activity_lines": [
          26.049932,
          26.089434,
          26.014903,
          25.829008
        ]
      },
      {
        "date": "2024-07-12",
        "close": 26.600197,
        "volume": 37288,
        "typical_volume": 42433.25,
        "trend": 25.575791,
        "fair_value": 24.026202,
        "relative_strength": -8.06903,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 71.050671,
        "energy": 42.656102,
        "activity_lines": [
          26.239455,
          26.181038,
          26.077724,
          25.899761
        ]
      },
      {
        "date": "2024-07-19",
        "close": 26.349806,
        "volume": 24445,
        "typical_volume": 41796.15,
        "trend": 25.63728,
        "fair_value": 24.050157,
        "relative_strength": -6.868424,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.970851,
        "energy": 43.656764,
        "activity_lines": [
          26.302932,
          26.209593,
          26.111113,
          25.949698
        ]
      },
      {
        "date": "2024-07-26",
        "close": 26.438545,
        "volume": 37762,
        "typical_volume": 39728.65,
        "trend": 25.695902,
        "fair_value": 24.074528,
        "relative_strength": -5.562348,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.018895,
        "energy": 52.370328,
        "activity_lines": [
          26.370098,
          26.253724,
          26.149594,
          26.001392
        ]
      },
      {
        "date": "2024-08-02",
        "close": 26.578255,
        "volume": 281994,
        "typical_volume": 50658.65,
        "trend": 25.768146,
        "fair_value": 24.099818,
        "relative_strength": -2.831133,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.783939,
        "energy": 59.812009,
        "activity_lines": [
          26.465723,
          26.324374,
          26.197928,
          26.058318
        ]
      },
      {
        "date": "2024-08-09",
        "close": 26.497672,
        "volume": 475498,
        "typical_volume": 71031.4,
        "trend": 25.83381,
        "fair_value": 24.123797,
        "relative_strength": -2.947767,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.607001,
        "energy": 46.59849,
        "activity_lines": [
          26.494455,
          26.372512,
          26.234468,
          26.105384
        ]
      },
      {
        "date": "2024-08-16",
        "close": 26.883792,
        "volume": 76368,
        "typical_volume": 72788.8,
        "trend": 25.915322,
        "fair_value": 24.151124,
        "relative_strength": -5.093988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.324832,
        "energy": 56.671866,
        "activity_lines": [
          26.624754,
          26.485518,
          26.305968,
          26.173125
        ]
      },
      {
        "date": "2024-08-23",
        "close": 27.389332,
        "volume": 49182,
        "typical_volume": 73101.65,
        "trend": 26.010796,
        "fair_value": 24.182871,
        "relative_strength": -4.445392,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.331758,
        "energy": 78.439948,
        "activity_lines": [
          26.90466,
          26.67367,
          26.423684,
          26.268223
        ]
      },
      {
        "date": "2024-08-30",
        "close": 27.583315,
        "volume": 287397,
        "typical_volume": 85357.3,
        "trend": 26.10256,
        "fair_value": 24.215885,
        "relative_strength": -3.84291,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.165836,
        "energy": 87.044314,
        "activity_lines": [
          27.179925,
          26.87113,
          26.554184,
          26.369675
        ]
      },
      {
        "date": "2024-09-06",
        "close": 26.971172,
        "volume": 44549,
        "typical_volume": 85445.5,
        "trend": 26.171137,
        "fair_value": 24.242378,
        "relative_strength": -1.760628,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.438276,
        "energy": 76.263713,
        "activity_lines": [
          27.174825,
          26.931539,
          26.617135,
          26.425715
        ]
      },
      {
        "date": "2024-09-13",
        "close": 27.676131,
        "volume": 36994,
        "typical_volume": 83997.4,
        "trend": 26.259323,
        "fair_value": 24.27508,
        "relative_strength": -2.885353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.325973,
        "energy": 82.666396,
        "activity_lines": [
          27.378516,
          27.10206,
          26.739116,
          26.522811
        ]
      },
      {
        "date": "2024-09-20",
        "close": 27.768268,
        "volume": 33819,
        "typical_volume": 83064.75,
        "trend": 26.337362,
        "fair_value": 24.308035,
        "relative_strength": -3.714711,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.812717,
        "energy": 78.624324,
        "activity_lines": [
          27.534356,
          27.260504,
          26.860227,
          26.620163
        ]
      },
      {
        "date": "2024-09-27",
        "close": 28.046427,
        "volume": 24120,
        "typical_volume": 82001.6,
        "trend": 26.417422,
        "fair_value": 24.342973,
        "relative_strength": -3.100672,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.542335,
        "energy": 74.507976,
        "activity_lines": [
          27.723951,
          27.448286,
          26.997678,
          26.730425
        ]
      },
      {
        "date": "2024-10-04",
        "close": 27.800113,
        "volume": 37861,
        "typical_volume": 82766.5,
        "trend": 26.486985,
        "fair_value": 24.374984,
        "relative_strength": -4.014927,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.818245,
        "energy": 73.710277,
        "activity_lines": [
          27.787634,
          27.560435,
          27.103445,
          26.819631
        ]
      },
      {
        "date": "2024-10-11",
        "close": 27.870502,
        "volume": 56848,
        "typical_volume": 83810.3,
        "trend": 26.558889,
        "fair_value": 24.407053,
        "relative_strength": -4.658588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.438174,
        "energy": 70.558562,
        "activity_lines": [
          27.860327,
          27.660627,
          27.209725,
          26.90889
        ]
      },
      {
        "date": "2024-10-18",
        "close": 28.136136,
        "volume": 55769,
        "typical_volume": 85455.2,
        "trend": 26.626201,
        "fair_value": 24.440953,
        "relative_strength": -4.333696,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.031861,
        "energy": 72.179869,
        "activity_lines": [
          27.96161,
          27.78562,
          27.333091,
          27.010648
        ]
      },
      {
        "date": "2024-10-25",
        "close": 27.697588,
        "volume": 86600,
        "typical_volume": 88401.1,
        "trend": 26.666842,
        "fair_value": 24.470293,
        "relative_strength": -4.642366,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.741347,
        "energy": 54.196658,
        "activity_lines": [
          27.886043,
          27.801088,
          27.405491,
          27.079769
        ]
      },
      {
        "date": "2024-11-01",
        "close": 27.272146,
        "volume": 75607,
        "typical_volume": 90743.95,
        "trend": 26.702774,
        "fair_value": 24.495309,
        "relative_strength": -4.592929,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.636907,
        "energy": 38.312112,
        "activity_lines": [
          27.673374,
          27.724405,
          27.429105,
          27.118821
        ]
      },
      {
        "date": "2024-11-08",
        "close": 28.340119,
        "volume": 35907,
        "typical_volume": 91229.0,
        "trend": 26.792743,
        "fair_value": 24.529334,
        "relative_strength": -5.178985,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.451415,
        "energy": 49.752221,
        "activity_lines": [
          27.868314,
          27.844031,
          27.54819,
          27.224457
        ]
      },
      {
        "date": "2024-11-15",
        "close": 27.893512,
        "volume": 20472,
        "typical_volume": 90146.5,
        "trend": 26.880252,
        "fair_value": 24.558844,
        "relative_strength": -4.535529,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.851647,
        "energy": 37.909013,
        "activity_lines": [
          27.878386,
          27.868695,
          27.614392,
          27.295474
        ]
      },
      {
        "date": "2024-11-22",
        "close": 28.570316,
        "volume": 85309,
        "typical_volume": 93189.45,
        "trend": 26.97757,
        "fair_value": 24.593727,
        "relative_strength": -3.689141,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.664584,
        "energy": 52.731397,
        "activity_lines": [
          28.112524,
          27.999644,
          27.735928,
          27.40451
        ]
      },
      {
        "date": "2024-11-29",
        "close": 28.893523,
        "volume": 65850,
        "typical_volume": 94617.55,
        "trend": 27.086141,
        "fair_value": 24.630794,
        "relative_strength": -3.579954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.701577,
        "energy": 80.322106,
        "activity_lines": [
          28.425453,
          28.1731,
          27.876438,
          27.52812
        ]
      },
      {
        "date": "2024-12-06",
        "close": 28.50517,
        "volume": 102667,
        "typical_volume": 98528.65,
        "trend": 27.159009,
        "fair_value": 24.663908,
        "relative_strength": -5.506134,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.873773,
        "energy": 75.313808,
        "activity_lines": [
          28.529202,
          28.255488,
          27.969042,
          27.61967
        ]
      },
      {
        "date": "2024-12-13",
        "close": 28.026641,
        "volume": 83352,
        "typical_volume": 100808.15,
        "trend": 27.209897,
        "fair_value": 24.692406,
        "relative_strength": -6.315131,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.504279,
        "energy": 66.266859,
        "activity_lines": [
          28.39124,
          28.24253,
          28.005808,
          27.675647
        ]
      },
      {
        "date": "2024-12-20",
        "close": 27.187595,
        "volume": 90347,
        "typical_volume": 91225.8,
        "trend": 27.244619,
        "fair_value": 24.713374,
        "relative_strength": -7.189608,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 20.866045,
        "energy": 19.450566,
        "activity_lines": [
          27.994494,
          28.072899,
          27.955102,
          27.674208
        ]
      },
      {
        "date": "2024-12-27",
        "close": 27.340685,
        "volume": 29980,
        "typical_volume": 68949.9,
        "trend": 27.282503,
        "fair_value": 24.735268,
        "relative_strength": -7.032946,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 9.941851,
        "energy": 16.9389,
        "activity_lines": [
          27.695839,
          27.943519,
          27.916074,
          27.680406
        ]
      },
      {
        "date": "2025-01-03",
        "close": 27.11331,
        "volume": 28867,
        "typical_volume": 66574.85,
        "trend": 27.320898,
        "fair_value": 24.754921,
        "relative_strength": -7.075182,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": -9.240541,
        "energy": 27.317682,
        "activity_lines": [
          27.403368,
          27.787261,
          27.851378,
          27.66949
        ]
      },
      {
        "date": "2025-01-10",
        "close": 26.628591,
        "volume": 183416,
        "typical_volume": 73286.55,
        "trend": 27.343136,
        "fair_value": 24.770279,
        "relative_strength": -6.707523,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -40.089871,
        "energy": 44.232959,
        "activity_lines": [
          27.068005,
          27.553495,
          27.739424,
          27.624825
        ]
      },
      {
        "date": "2025-01-17",
        "close": 27.011807,
        "volume": 65906,
        "typical_volume": 62212.0,
        "trend": 27.3713,
        "fair_value": 24.788503,
        "relative_strength": -7.851383,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.632863,
        "energy": 51.037482,
        "activity_lines": [
          26.985486,
          27.401106,
          27.667591,
          27.603449
        ]
      },
      {
        "date": "2025-01-24",
        "close": 27.078133,
        "volume": 68106,
        "typical_volume": 63389.85,
        "trend": 27.407979,
        "fair_value": 24.806968,
        "relative_strength": -8.974546,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.421595,
        "energy": 52.116278,
        "activity_lines": [
          26.992731,
          27.284927,
          27.604795,
          27.584535
        ]
      },
      {
        "date": "2025-01-31",
        "close": 26.670941,
        "volume": 90856,
        "typical_volume": 66082.95,
        "trend": 27.427325,
        "fair_value": 24.82188,
        "relative_strength": -9.193212,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.258053,
        "energy": 55.346425,
        "activity_lines": [
          26.871543,
          27.109539,
          27.50271,
          27.536984
        ]
      },
      {
        "date": "2025-02-07",
        "close": 26.795634,
        "volume": 86928,
        "typical_volume": 68738.4,
        "trend": 27.433839,
        "fair_value": 24.837544,
        "relative_strength": -8.401919,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.404665,
        "energy": 42.953183,
        "activity_lines": [
          26.836569,
          26.991356,
          27.417287,
          27.49623
        ]
      },
      {
        "date": "2025-02-14",
        "close": 27.060937,
        "volume": 217780,
        "typical_volume": 78421.4,
        "trend": 27.457544,
        "fair_value": 24.855051,
        "relative_strength": -8.620054,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -30.782779,
        "energy": 33.03179,
        "activity_lines": [
          26.911208,
          26.959554,
          27.361762,
          27.472172
        ]
      },
      {
        "date": "2025-02-21",
        "close": 26.973485,
        "volume": 214449,
        "typical_volume": 87250.8,
        "trend": 27.475375,
        "fair_value": 24.871602,
        "relative_strength": -7.222372,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -56.081005,
        "energy": 42.910858,
        "activity_lines": [
          26.927873,
          26.93811,
          27.302602,
          27.440942
        ]
      },
      {
        "date": "2025-02-28",
        "close": 26.804477,
        "volume": 72721,
        "typical_volume": 88044.45,
        "trend": 27.482916,
        "fair_value": 24.886585,
        "relative_strength": -6.705075,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -59.627214,
        "energy": 38.746667,
        "activity_lines": [
          26.890756,
          26.905085,
          27.231281,
          27.397658
        ]
      },
      {
        "date": "2025-03-07",
        "close": 26.540255,
        "volume": 82522,
        "typical_volume": 89382.1,
        "trend": 27.484335,
        "fair_value": 24.899306,
        "relative_strength": -4.513247,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.178296,
        "energy": 42.828817,
        "activity_lines": [
          26.78381,
          26.830986,
          27.139874,
          27.336841
        ]
      },
      {
        "date": "2025-03-14",
        "close": 26.353265,
        "volume": 148427,
        "typical_volume": 92473.45,
        "trend": 27.466651,
        "fair_value": 24.910405,
        "relative_strength": -2.818734,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.327976,
        "energy": 59.257431,
        "activity_lines": [
          26.623246,
          26.737442,
          27.038257,
          27.263869
        ]
      },
      {
        "date": "2025-03-21",
        "close": 26.363288,
        "volume": 81653,
        "typical_volume": 92775.75,
        "trend": 27.432449,
        "fair_value": 24.921411,
        "relative_strength": -3.120084,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.669919,
        "energy": 75.856579,
        "activity_lines": [
          26.495514,
          26.659539,
          26.943996,
          27.192684
        ]
      },
      {
        "date": "2025-03-28",
        "close": 26.386281,
        "volume": 64912,
        "typical_volume": 94226.0,
        "trend": 27.392548,
        "fair_value": 24.932425,
        "relative_strength": -1.435339,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.744189,
        "energy": 79.356112,
        "activity_lines": [
          26.421956,
          26.590641,
          26.856253,
          27.12519
        ]
      },
      {
        "date": "2025-04-04",
        "close": 25.341379,
        "volume": 312968,
        "typical_volume": 108850.8,
        "trend": 27.338222,
        "fair_value": 24.935477,
        "relative_strength": 4.142061,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -93.903205,
        "energy": 94.075906,
        "activity_lines": [
          26.039245,
          26.343134,
          26.678299,
          26.992856
        ]
      },
      {
        "date": "2025-04-11",
        "close": 25.527681,
        "volume": 371180,
        "typical_volume": 123144.35,
        "trend": 27.266607,
        "fair_value": 24.939864,
        "relative_strength": -0.603521,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.226374,
        "energy": 91.772134,
        "activity_lines": [
          25.816174,
          26.161077,
          26.530241,
          26.876047
        ]
      },
      {
        "date": "2025-04-18",
        "close": 25.645986,
        "volume": 89355,
        "typical_volume": 124319.6,
        "trend": 27.195864,
        "fair_value": 24.945056,
        "relative_strength": 1.405509,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.714641,
        "energy": 86.721607,
        "activity_lines": [
          25.700043,
          26.021316,
          26.40794,
          26.771491
        ]
      },
      {
        "date": "2025-04-25",
        "close": 26.231226,
        "volume": 152088,
        "typical_volume": 126790.65,
        "trend": 27.135357,
        "fair_value": 24.954444,
        "relative_strength": -0.706487,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.250724,
        "energy": 58.100466,
        "activity_lines": [
          25.826144,
          26.008866,
          26.35684,
          26.709256
        ]
      },
      {
        "date": "2025-05-02",
        "close": 26.817644,
        "volume": 88846,
        "typical_volume": 127065.35,
        "trend": 27.102608,
        "fair_value": 24.967946,
        "relative_strength": -1.237029,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -39.969465,
        "energy": 32.089556,
        "activity_lines": [
          26.156522,
          26.118123,
          26.372417,
          26.688759
        ]
      },
      {
        "date": "2025-05-09",
        "close": 26.741099,
        "volume": 88814,
        "typical_volume": 126988.7,
        "trend": 27.064962,
        "fair_value": 24.980702,
        "relative_strength": -0.94598,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -29.110458,
        "energy": 21.424378,
        "activity_lines": [
          26.432627,
          26.216295,
          26.386462,
          26.665435
        ]
      },
      {
        "date": "2025-05-16",
        "close": 27.719283,
        "volume": 1374585,
        "typical_volume": 194218.95,
        "trend": 27.051067,
        "fair_value": 25.000263,
        "relative_strength": -2.323856,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 9.092834,
        "energy": 26.933325,
        "activity_lines": [
          26.941479,
          26.493472,
          26.495793,
          26.70765
        ]
      },
      {
        "date": "2025-05-23",
        "close": 27.031459,
        "volume": 381181,
        "typical_volume": 211834.65,
        "trend": 27.028862,
        "fair_value": 25.014669,
        "relative_strength": -2.134214,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 17.321079,
        "energy": 31.571387,
        "activity_lines": [
          27.074949,
          26.624153,
          26.537814,
          26.706385
        ]
      },
      {
        "date": "2025-05-30",
        "close": 27.426368,
        "volume": 73995,
        "typical_volume": 206363.6,
        "trend": 27.034003,
        "fair_value": 25.031653,
        "relative_strength": -2.287213,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 29.05038,
        "energy": 37.027349,
        "activity_lines": [
          27.247691,
          26.814305,
          26.617836,
          26.73203
        ]
      },
      {
        "date": "2025-06-06",
        "close": 27.631536,
        "volume": 44657,
        "typical_volume": 205301.15,
        "trend": 27.010384,
        "fair_value": 25.049834,
        "relative_strength": -3.036312,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.432729,
        "energy": 51.663665,
        "activity_lines": [
          27.409146,
          27.022432,
          26.713598,
          26.770581
        ]
      },
      {
        "date": "2025-06-13",
        "close": 27.624461,
        "volume": 41879,
        "typical_volume": 203989.8,
        "trend": 27.001415,
        "fair_value": 25.067713,
        "relative_strength": -2.628397,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 30.151394,
        "energy": 50.582698,
        "activity_lines": [
          27.513984,
          27.206631,
          26.805736,
          26.810199
        ]
      },
      {
        "date": "2025-06-20",
        "close": 27.590561,
        "volume": 30310,
        "typical_volume": 200962.5,
        "trend": 26.968757,
        "fair_value": 25.085112,
        "relative_strength": -2.503867,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.542429,
        "energy": 49.039545,
        "activity_lines": [
          27.54863,
          27.343156,
          26.892043,
          26.848208
        ]
      },
      {
        "date": "2025-06-27",
        "close": 28.039906,
        "volume": 24810,
        "typical_volume": 197856.6,
        "trend": 26.940303,
        "fair_value": 25.105351,
        "relative_strength": -4.134684,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 46.025533,
        "energy": 54.39516,
        "activity_lines": [
          27.74164,
          27.523873,
          27.016766,
          26.917314
        ]
      },
      {
        "date": "2025-07-04",
        "close": 28.582796,
        "volume": 17353,
        "typical_volume": 187835.25,
        "trend": 26.94289,
        "fair_value": 25.129007,
        "relative_strength": -3.833945,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 84.416996,
        "energy": 80.491215,
        "activity_lines": [
          28.048383,
          27.759771,
          27.187267,
          27.023282
        ]
      },
      {
        "date": "2025-07-11",
        "close": 28.534845,
        "volume": 110753,
        "typical_volume": 182650.45,
        "trend": 26.95983,
        "fair_value": 25.152019,
        "relative_strength": -3.639465,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.029068,
        "energy": 83.801746,
        "activity_lines": [
          28.262047,
          27.944195,
          27.345955,
          27.125988
        ]
      },
      {
        "date": "2025-07-18",
        "close": 28.527377,
        "volume": 36047,
        "typical_volume": 180816.75,
        "trend": 27.00449,
        "fair_value": 25.174672,
        "relative_strength": -4.150784,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.784944,
        "energy": 84.924082,
        "activity_lines": [
          28.413002,
          28.09604,
          27.496497,
          27.22712
        ]
      },
      {
        "date": "2025-07-25",
        "close": 28.986744,
        "volume": 56262,
        "typical_volume": 179503.75,
        "trend": 27.059358,
        "fair_value": 25.200086,
        "relative_strength": -3.919821,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.525006,
        "energy": 92.437347,
        "activity_lines": [
          28.656884,
          28.298928,
          27.682584,
          27.355008
        ]
      },
      {
        "date": "2025-08-01",
        "close": 28.198106,
        "volume": 63030,
        "typical_volume": 175233.9,
        "trend": 27.095518,
        "fair_value": 25.219941,
        "relative_strength": -4.021391,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.364806,
        "energy": 79.768525,
        "activity_lines": [
          28.544808,
          28.335383,
          27.781912,
          27.428475
        ]
      },
      {
        "date": "2025-08-08",
        "close": 28.514799,
        "volume": 178451,
        "typical_volume": 180073.8,
        "trend": 27.158392,
        "fair_value": 25.241617,
        "relative_strength": -5.082767,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.986564,
        "energy": 63.184409,
        "activity_lines": [
          28.52775,
          28.408206,
          27.902616,
          27.520042
        ]
      },
      {
        "date": "2025-08-15",
        "close": 28.76389,
        "volume": 30429,
        "typical_volume": 178349.65,
        "trend": 27.216795,
        "fair_value": 25.264639,
        "relative_strength": -5.014708,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.389952,
        "energy": 64.790431,
        "activity_lines": [
          28.598255,
          28.506529,
          28.036799,
          27.623622
        ]
      },
      {
        "date": "2025-08-22",
        "close": 29.159879,
        "volume": 86114,
        "typical_volume": 167006.95,
        "trend": 27.286186,
        "fair_value": 25.289933,
        "relative_strength": -3.823315,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.933813,
        "energy": 67.351491,
        "activity_lines": [
          28.785487,
          28.656262,
          28.197372,
          27.748983
        ]
      },
      {
        "date": "2025-08-29",
        "close": 29.092473,
        "volume": 61531,
        "typical_volume": 151524.5,
        "trend": 27.366904,
        "fair_value": 25.314465,
        "relative_strength": -3.832145,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.53072,
        "energy": 79.135499,
        "activity_lines": [
          28.908084,
          28.765823,
          28.333343,
          27.865517
        ]
      },
      {
        "date": "2025-09-05",
        "close": 28.986843,
        "volume": 18150,
        "typical_volume": 147964.25,
        "trend": 27.439944,
        "fair_value": 25.338006,
        "relative_strength": -4.27991,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.171784,
        "energy": 79.161532,
        "activity_lines": [
          28.988422,
          28.82887,
          28.442278,
          27.97003
        ]
      },
      {
        "date": "2025-09-12",
        "close": 29.261972,
        "volume": 38109,
        "typical_volume": 142265.3,
        "trend": 27.513312,
        "fair_value": 25.381671,
        "relative_strength": -4.656718,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.612661,
        "energy": 76.806147,
        "activity_lines": [
          29.107887,
          28.924724,
          28.561507,
          28.08758
        ]
      },
      {
        "date": "2025-09-19",
        "close": 29.360233,
        "volume": 106553,
        "typical_volume": 143150.65,
        "trend": 27.59287,
        "fair_value": 25.431565,
        "relative_strength": -5.30079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.410012,
        "energy": 66.969125,
        "activity_lines": [
          29.210294,
          29.026095,
          28.675663,
          28.206736
        ]
      },
      {
        "date": "2025-09-26",
        "close": 29.420368,
        "volume": 31015,
        "typical_volume": 140260.7,
        "trend": 27.680067,
        "fair_value": 25.483719,
        "relative_strength": -4.632401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.357334,
        "energy": 66.452041,
        "activity_lines": [
          29.29299,
          29.123393,
          28.783438,
          28.324639
        ]
      },
      {
        "date": "2025-10-03",
        "close": 29.691469,
        "volume": 42259,
        "typical_volume": 73644.4,
        "trend": 27.785107,
        "fair_value": 25.536648,
        "relative_strength": -4.630028,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.219344,
        "energy": 69.996681,
        "activity_lines": [
          29.448687,
          29.253745,
          28.904273,
          28.454407
        ]
      },
      {
        "date": "2025-10-10",
        "close": 29.009344,
        "volume": 63156,
        "typical_volume": 57743.15,
        "trend": 27.873643,
        "fair_value": 25.584613,
        "relative_strength": -4.34299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.239639,
        "energy": 56.991573,
        "activity_lines": [
          29.337076,
          29.247262,
          28.950753,
          28.53339
        ]
      },
      {
        "date": "2025-10-17",
        "close": 29.330754,
        "volume": 32254,
        "typical_volume": 55656.1,
        "trend": 27.972559,
        "fair_value": 25.629647,
        "relative_strength": -4.75825,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.971003,
        "energy": 50.044012,
        "activity_lines": [
          29.331101,
          29.284467,
          29.018425,
          28.627397
        ]
      },
      {
        "date": "2025-10-24",
        "close": 29.898012,
        "volume": 23573,
        "typical_volume": 54601.9,
        "trend": 28.089616,
        "fair_value": 25.672984,
        "relative_strength": -4.590863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.676471,
        "energy": 57.842402,
        "activity_lines": [
          29.509628,
          29.409974,
          29.131053,
          28.75162
        ]
      },
      {
        "date": "2025-10-31",
        "close": 29.578371,
        "volume": 27672,
        "typical_volume": 53891.55,
        "trend": 28.230849,
        "fair_value": 25.716086,
        "relative_strength": -6.082507,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.042199,
        "energy": 49.243838,
        "activity_lines": [
          29.545755,
          29.456744,
          29.202446,
          28.847668
        ]
      },
      {
        "date": "2025-11-07",
        "close": 29.497797,
        "volume": 59393,
        "typical_volume": 55345.7,
        "trend": 28.363187,
        "fair_value": 25.751362,
        "relative_strength": -4.631912,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.094955,
        "energy": 48.10996,
        "activity_lines": [
          29.54449,
          29.481255,
          29.256862,
          28.929407
        ]
      },
      {
        "date": "2025-11-14",
        "close": 29.530911,
        "volume": 40757,
        "typical_volume": 56143.05,
        "trend": 28.492684,
        "fair_value": 25.788191,
        "relative_strength": -4.492031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.151254,
        "energy": 46.273042,
        "activity_lines": [
          29.567176,
          29.504418,
          29.305348,
          29.004744
        ]
      },
      {
        "date": "2025-11-21",
        "close": 29.230627,
        "volume": 114558,
        "typical_volume": 61003.3,
        "trend": 28.592664,
        "fair_value": 25.820109,
        "relative_strength": -3.443112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.127418,
        "energy": 29.884483,
        "activity_lines": [
          29.454995,
          29.463092,
          29.318137,
          29.052353
        ]
      },
      {
        "date": "2025-11-28",
        "close": 30.013174,
        "volume": 12043,
        "typical_volume": 56067.8,
        "trend": 28.699182,
        "fair_value": 25.85585,
        "relative_strength": -4.207073,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.401223,
        "energy": 41.921391,
        "activity_lines": [
          29.610338,
          29.564616,
          29.402369,
          29.143999
        ]
      },
      {
        "date": "2025-12-05",
        "close": 29.74109,
        "volume": 40649,
        "typical_volume": 56297.9,
        "trend": 28.799182,
        "fair_value": 25.894235,
        "relative_strength": -5.231222,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.10114,
        "energy": 37.63933,
        "activity_lines": [
          29.66731,
          29.604799,
          29.453648,
          29.211219
        ]
      },
      {
        "date": "2025-12-12",
        "close": 29.91,
        "volume": 298094,
        "typical_volume": 68389.5,
        "trend": 28.872205,
        "fair_value": 25.936373,
        "relative_strength": -4.019569,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.892267,
        "energy": 40.722883,
        "activity_lines": [
          29.769736,
          29.669862,
          29.515234,
          29.282885
        ]
      },
      {
        "date": "2025-12-19",
        "close": 29.8107,
        "volume": 121122,
        "typical_volume": 71294.1,
        "trend": 28.964847,
        "fair_value": 25.977447,
        "relative_strength": -4.344136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.541582,
        "energy": 41.136365,
        "activity_lines": [
          29.811583,
          29.712897,
          29.562967,
          29.343433
        ]
      },
      {
        "date": "2025-12-26",
        "close": 30.1113,
        "volume": 27862,
        "typical_volume": 63764.65,
        "trend": 29.054345,
        "fair_value": 26.02102,
        "relative_strength": -4.625177,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.637651,
        "energy": 46.010216,
        "activity_lines": [
          29.934977,
          29.796016,
          29.631649,
          29.417397
        ]
      },
      {
        "date": "2026-01-02",
        "close": 30.0864,
        "volume": 31228,
        "typical_volume": 63804.6,
        "trend": 29.136173,
        "fair_value": 26.061433,
        "relative_strength": -3.614855,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.815782,
        "energy": 46.648747,
        "activity_lines": [
          29.991359,
          29.860417,
          29.690358,
          29.483982
        ]
      },
      {
        "date": "2026-01-09",
        "close": 30.8232,
        "volume": 42881,
        "typical_volume": 61642.95,
        "trend": 29.242798,
        "fair_value": 26.097973,
        "relative_strength": -2.723281,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.310871,
        "energy": 70.958059,
        "activity_lines": [
          30.28846,
          30.055355,
          29.81294,
          29.592822
        ]
      },
      {
        "date": "2026-01-16",
        "close": 31.2016,
        "volume": 49198,
        "typical_volume": 61026.3,
        "trend": 29.363166,
        "fair_value": 26.146281,
        "relative_strength": -1.16014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.772594,
        "energy": 86.478222,
        "activity_lines": [
          30.639553,
          30.296461,
          29.96364,
          29.719196
        ]
      },
      {
        "date": "2026-01-23",
        "close": 31.3993,
        "volume": 25754,
        "typical_volume": 61406.5,
        "trend": 29.475146,
        "fair_value": 26.19315,
        "relative_strength": -0.204083,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.69491,
        "energy": 91.552806,
        "activity_lines": [
          30.97044,
          30.542534,
          30.123125,
          29.85056
        ]
      },
      {
        "date": "2026-01-30",
        "close": 31.478,
        "volume": 27690,
        "typical_volume": 60885.55,
        "trend": 29.571653,
        "fair_value": 26.239063,
        "relative_strength": -0.377567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.089928,
        "energy": 92.37977,
        "activity_lines": [
          31.221653,
          30.768945,
          30.278617,
          29.979776
        ]
      },
      {
        "date": "2026-02-06",
        "close": 32.38,
        "volume": 194808,
        "typical_volume": 65298.3,
        "trend": 29.699824,
        "fair_value": 26.292172,
        "relative_strength": 2.601332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.021409,
        "energy": 96.788985,
        "activity_lines": [
          31.68242,
          31.118494,
          30.509462,
          30.16096
        ]
      },
      {
        "date": "2026-02-13",
        "close": 32.98,
        "volume": 89911,
        "typical_volume": 68243.1,
        "trend": 29.848245,
        "fair_value": 26.348928,
        "relative_strength": 5.707729,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.079611,
        "energy": 97.359108,
        "activity_lines": [
          32.19028,
          31.534102,
          30.783069,
          30.372584
        ]
      },
      {
        "date": "2026-02-20",
        "close": 32.9197,
        "volume": 41020,
        "typical_volume": 68181.15,
        "trend": 29.979344,
        "fair_value": 26.40911,
        "relative_strength": 4.239959,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.549746,
        "energy": 94.586666,
        "activity_lines": [
          32.534253,
          31.879856,
          31.033983,
          30.570743
        ]
      },
      {
        "date": "2026-02-27",
        "close": 33.3687,
        "volume": 30944,
        "typical_volume": 66570.55,
        "trend": 30.151697,
        "fair_value": 26.470218,
        "relative_strength": 6.057851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.249829,
        "energy": 95.706197,
        "activity_lines": [
          32.913353,
          32.252525,
          31.312287,
          30.789411
        ]
      },
      {
        "date": "2026-03-06",
        "close": 32.2871,
        "volume": 81854,
        "typical_volume": 69050.55,
        "trend": 30.27744,
        "fair_value": 26.532464,
        "relative_strength": 4.636061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.262053,
        "energy": 80.945339,
        "activity_lines": [
          32.800627,
          32.363849,
          31.466822,
          30.927179
        ]
      },
      {
        "date": "2026-03-13",
        "close": 31.9269,
        "volume": 28448,
        "typical_volume": 69294.3,
        "trend": 30.382874,
        "fair_value": 26.593124,
        "relative_strength": 5.008367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.707898,
        "energy": 64.965107,
        "activity_lines": [
          32.513893,
          32.370122,
          31.572974,
          31.033595
        ]
      },
      {
        "date": "2026-03-20",
        "close": 31.1478,
        "volume": 31319,
        "typical_volume": 69476.65,
        "trend": 30.449138,
        "fair_value": 26.647489,
        "relative_strength": 4.291584,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.46545,
        "energy": 42.251063,
        "activity_lines": [
          31.997667,
          32.201276,
          31.595265,
          31.082945
        ]
      },
      {
        "date": "2026-03-27",
        "close": 31.62,
        "volume": 70935,
        "typical_volume": 70053.75,
        "trend": 30.533389,
        "fair_value": 26.7014,
        "relative_strength": 8.207386,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.368118,
        "energy": 31.980371,
        "activity_lines": [
          31.760987,
          32.112384,
          31.655055,
          31.158485
        ]
      },
      {
        "date": "2026-04-03",
        "close": 31.9998,
        "volume": 141647,
        "typical_volume": 75098.25,
        "trend": 30.633821,
        "fair_value": 26.759672,
        "relative_strength": 5.962662,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.664747,
        "energy": 30.29034,
        "activity_lines": [
          31.737553,
          32.084938,
          31.740909,
          31.253092
        ]
      },
      {
        "date": "2026-04-10",
        "close": 31.854,
        "volume": 53007,
        "typical_volume": 72020.7,
        "trend": 30.720222,
        "fair_value": 26.816152,
        "relative_strength": 1.874373,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.671167,
        "energy": 26.681158,
        "activity_lines": [
          31.75678,
          32.020065,
          31.801122,
          31.331813
        ]
      },
      {
        "date": "2026-04-17",
        "close": 31.9687,
        "volume": 116107,
        "typical_volume": 77223.9,
        "trend": 30.807171,
        "fair_value": 26.873244,
        "relative_strength": -2.001439,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.960502,
        "energy": 22.09792,
        "activity_lines": [
          31.843113,
          31.969211,
          31.859766,
          31.41236
        ]
      },
      {
        "date": "2026-04-24",
        "close": 32.0581,
        "volume": 25228,
        "typical_volume": 76452.85,
        "trend": 30.895095,
        "fair_value": 26.930474,
        "relative_strength": -2.116,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.997587,
        "energy": 31.400983,
        "activity_lines": [
          31.95646,
          31.942089,
          31.917612,
          31.493066
        ]
      },
      {
        "date": "2026-05-01",
        "close": 32.24,
        "volume": 37039,
        "typical_volume": 63400.1,
        "trend": 30.980046,
        "fair_value": 26.990302,
        "relative_strength": -2.349334,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.765253,
        "energy": 30.911977,
        "activity_lines": [
          32.069753,
          31.964802,
          31.981749,
          31.579834
        ]
      },
      {
        "date": "2026-05-08",
        "close": 32.4237,
        "volume": 43907,
        "typical_volume": 59539.35,
        "trend": 31.093858,
        "fair_value": 27.052352,
        "relative_strength": -3.892122,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.805552,
        "energy": 36.103949,
        "activity_lines": [
          32.202947,
          32.033273,
          32.052285,
          31.672973
        ]
      },
      {
        "date": "2026-05-15",
        "close": 31.9351,
        "volume": 89500,
        "typical_volume": 62621.25,
        "trend": 31.180669,
        "fair_value": 27.111802,
        "relative_strength": -5.380515,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 40.760334,
        "energy": 29.64448,
        "activity_lines": [
          32.145013,
          32.030089,
          32.063846,
          31.727246
        ]
      },
      {
        "date": "2026-05-22",
        "close": 32.5205,
        "volume": 56295,
        "typical_volume": 63874.6,
        "trend": 31.268086,
        "fair_value": 27.176162,
        "relative_strength": -4.33713,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.565087,
        "energy": 37.69537,
        "activity_lines": [
          32.276807,
          32.139742,
          32.122474,
          31.813687
        ]
      },
      {
        "date": "2026-05-29",
        "close": 32.8103,
        "volume": 32752,
        "typical_volume": 63368.15,
        "trend": 31.375817,
        "fair_value": 27.239567,
        "relative_strength": -4.719169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.029271,
        "energy": 47.403262,
        "activity_lines": [
          32.468413,
          32.291293,
          32.197111,
          31.913185
        ]
      },
      {
        "date": "2026-06-05",
        "close": 32.416,
        "volume": 32477,
        "typical_volume": 62532.1,
        "trend": 31.47309,
        "fair_value": 27.299792,
        "relative_strength": -3.337993,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.90749,
        "energy": 38.127584,
        "activity_lines": [
          32.47844,
          32.340925,
          32.224733,
          31.980293
        ]
      },
      {
        "date": "2026-06-12",
        "close": 32.9151,
        "volume": 79604,
        "typical_volume": 65224.6,
        "trend": 31.585896,
        "fair_value": 27.359131,
        "relative_strength": -2.305146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.238346,
        "energy": 55.892298,
        "activity_lines": [
          32.6431,
          32.466831,
          32.294106,
          32.073326
        ]
      },
      {
        "date": "2026-06-19",
        "close": 33.1396,
        "volume": 31886,
        "typical_volume": 65434.4,
        "trend": 31.716195,
        "fair_value": 27.421887,
        "relative_strength": -2.439007,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.120157,
        "energy": 66.829475,
        "activity_lines": [
          32.849833,
          32.616913,
          32.377642,
          32.173565
        ]
      },
      {
        "date": "2026-06-26",
        "close": 33.1467,
        "volume": 53822,
        "typical_volume": 58385.1,
        "trend": 31.820646,
        "fair_value": 27.480911,
        "relative_strength": -0.015279,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.140089,
        "energy": 63.458903,
        "activity_lines": [
          32.978633,
          32.744911,
          32.453941,
          32.265856
        ]
      },
      {
        "date": "2026-07-03",
        "close": 33.37,
        "volume": 47063,
        "typical_volume": 56242.7,
        "trend": 31.94161,
        "fair_value": 27.542715,
        "relative_strength": -1.417074,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.49949,
        "energy": 71.536232,
        "activity_lines": [
          33.14012,
          32.892091,
          32.547857,
          32.365814
        ]
      },
      {
        "date": "2026-07-10",
        "close": 33.3397,
        "volume": 39385,
        "typical_volume": 56160.95,
        "trend": 32.055933,
        "fair_value": 27.601031,
        "relative_strength": -2.746941,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.578567,
        "energy": 67.357407,
        "activity_lines": [
          33.254193,
          33.009909,
          32.637029,
          32.456013
        ]
      },
      {
        "date": "2026-07-17",
        "close": 33.0019,
        "volume": 69594,
        "typical_volume": 58093.45,
        "trend": 32.162307,
        "fair_value": 27.655488,
        "relative_strength": -2.15757,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.146606,
        "energy": 46.416285,
        "activity_lines": [
          33.194087,
          33.046315,
          32.69203,
          32.517043
        ]
      },
      {
        "date": "2026-07-24",
        "close": 33.0792,
        "volume": 36105,
        "typical_volume": 55806.0,
        "trend": 32.261237,
        "fair_value": 27.709939,
        "relative_strength": -1.298095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.873247,
        "energy": 41.326387,
        "activity_lines": [
          33.15396,
          33.086262,
          32.75614,
          32.576198
        ]
      },
      {
        "date": "2026-07-31",
        "close": 32.4139,
        "volume": 66474,
        "typical_volume": 57707.3,
        "trend": 32.33882,
        "fair_value": 27.763148,
        "relative_strength": -4.231782,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 31.791857,
        "energy": 20.038429,
        "activity_lines": [
          32.896093,
          32.984444,
          32.753115,
          32.586047
        ]
      },
      {
        "date": "2026-08-07",
        "close": 32.8114,
        "volume": 40259,
        "typical_volume": 58154.3,
        "trend": 32.405093,
        "fair_value": 27.818369,
        "relative_strength": -6.233794,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 32.543926,
        "energy": 18.507557,
        "activity_lines": [
          32.81958,
          32.956836,
          32.785629,
          32.616536
        ]
      }
    ],
    "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."
    }
  }
}