{
  "ticker": {
    "uuid": "47f91aea-2ed4-47ad-a3f1-c0eae840b294",
    "symbol": "BTR",
    "name": "NORTHERN LIGHTS FUND TRUST II BEACON TACTICAL RISK ETF",
    "exchange": "NYSEARCA",
    "country": "US",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 76.314,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 81.282,
    "architecture_energy": 61.199,
    "architecture_maturity": 40.268,
    "architecture_confidence": 77.922,
    "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": 14.8,
        "rotation_up": 61.8,
        "upward_expansion": 82.25,
        "deceleration": 58.31,
        "rotation_down": 22.68,
        "downward_expansion": 8.92
      },
      "activity_lines": [
        27.954033,
        27.830289,
        27.606497,
        27.319853
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 28.2954,
    "trend_reference": 26.985457,
    "distance_from_trend": 0.048543,
    "trend_direction": "Improving",
    "fair_value": 24.883953,
    "distance_from_fair_value": 0.137094,
    "fair_value_direction": "Improving",
    "relative_strength": -3.482583,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.062602,
    "excess_performance": -0.063023,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.048543,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.031232,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.137094,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.029203,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.034826,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.000208,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.062602,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 3.265321,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 15243,
      "relative_activity": 1.211632,
      "balance": 3.265321,
      "dry_up": 0.941215,
      "accumulation_observations": 5,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.013705,
      "annualized_volatility": 0.086729,
      "from_high_reference": 0.0,
      "from_low_reference": 0.184214
    },
    "levels": {
      "trend_reference": 26.985457,
      "fair_value_reference": 24.883953,
      "structural_low": 25.3945,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 14,
        "median_return": 0.004491,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.010585,
        "regime_survival": 0.714286,
        "best_return": 0.040982,
        "worst_return": -0.100954,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 5,
        "median_return": 0.016252,
        "positive_rate": 0.8,
        "directional_follow_through": 0.8,
        "median_excess_return": -0.018523,
        "regime_survival": 0.4,
        "best_return": 0.03493,
        "worst_return": -0.138337,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": -0.035501,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.006793,
        "regime_survival": 0.0,
        "best_return": 0.034685,
        "worst_return": -0.105688,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": -0.031266,
        "positive_rate": 0.0,
        "directional_follow_through": 0.0,
        "median_excess_return": -0.215036,
        "regime_survival": 1.0,
        "best_return": -0.031266,
        "worst_return": -0.031266,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-25",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": 0.001531,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-01-31",
        "tenure": "Developing",
        "return": 0.027684,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": -0.046084,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-28",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.082845,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-08-01",
        "tenure": "Established",
        "return": 0.033096,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-08-08",
        "end": "2025-08-15",
        "tenure": "New",
        "return": 0.012358,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-08-22",
        "end": "2025-09-26",
        "tenure": "Developing",
        "return": 0.013755,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-03",
        "end": "2025-11-21",
        "tenure": "Developing",
        "return": -0.021614,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2025-12-05",
        "tenure": "New",
        "return": -0.002148,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-12",
        "end": "2026-03-20",
        "tenure": "Established",
        "return": 0.000924,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.06505,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.035688,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 23.531019,
        "volume": 0,
        "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": 23.582244,
        "volume": 621,
        "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": 24.107001,
        "volume": 90741,
        "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": 23.813238,
        "volume": 325,
        "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": 23.898902,
        "volume": 266,
        "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": 23.179726,
        "volume": 296,
        "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": 22.959792,
        "volume": 70,
        "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": 22.714343,
        "volume": 3122,
        "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": 22.8685,
        "volume": 4292,
        "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": 22.415826,
        "volume": 382,
        "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": 21.848188,
        "volume": 1364,
        "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": 22.078309,
        "volume": 312,
        "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": 22.007973,
        "volume": 1276,
        "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": 22.134093,
        "volume": 999,
        "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": 22.134093,
        "volume": 92,
        "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": 22.347624,
        "volume": 682,
        "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": 22.299019,
        "volume": 17,
        "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": 22.49305,
        "volume": 1187,
        "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": 22.570663,
        "volume": 1316,
        "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": 22.610105,
        "volume": 2,
        "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": 22.519448,
        "volume": 427,
        "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": 22.664048,
        "volume": 2575,
        "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": 22.543043,
        "volume": 4,
        "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": 22.571042,
        "volume": 306,
        "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": 22.650929,
        "volume": 5584,
        "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": 22.714271,
        "volume": 297,
        "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": 22.869934,
        "volume": 501,
        "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": 23.13965,
        "volume": 2687,
        "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": 23.348962,
        "volume": 830,
        "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": 23.471143,
        "volume": 1,
        "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": 23.4125,
        "volume": 3,
        "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": 23.864117,
        "volume": 3567,
        "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": "2024-03-29",
        "close": 24.176225,
        "volume": 0,
        "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": "2024-04-05",
        "close": 23.936955,
        "volume": 138,
        "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": "2024-04-12",
        "close": 23.407899,
        "volume": 191,
        "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": "2024-04-19",
        "close": 23.02354,
        "volume": 149,
        "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": "2024-04-26",
        "close": 23.432178,
        "volume": 6421,
        "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": "2024-05-03",
        "close": 23.560918,
        "volume": 1786,
        "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": "2024-05-10",
        "close": 24.061779,
        "volume": 2449,
        "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": "2024-05-17",
        "close": 24.330419,
        "volume": 42,
        "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": "2024-05-24",
        "close": 24.011751,
        "volume": 2522,
        "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": "2024-05-31",
        "close": 24.0608,
        "volume": 4638,
        "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": "2024-06-07",
        "close": 23.950563,
        "volume": 1699,
        "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": "2024-06-14",
        "close": 23.884578,
        "volume": 1041,
        "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": "2024-06-21",
        "close": 24.090268,
        "volume": 55,
        "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": "2024-06-28",
        "close": 24.125904,
        "volume": 1629,
        "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": "2024-07-05",
        "close": 24.292237,
        "volume": 125,
        "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": "2024-07-12",
        "close": 24.770189,
        "volume": 1094,
        "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": "2024-07-19",
        "close": 24.643408,
        "volume": 44,
        "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": "2024-07-26",
        "close": 24.707631,
        "volume": 21722,
        "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": "2024-08-02",
        "close": 24.375942,
        "volume": 3525,
        "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": "2024-08-09",
        "close": 24.337565,
        "volume": 3319,
        "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": "2024-08-16",
        "close": 24.953557,
        "volume": 22,
        "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": "2024-08-23",
        "close": 25.473803,
        "volume": 2055,
        "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": "2024-08-30",
        "close": 25.561424,
        "volume": 1421,
        "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": "2024-09-06",
        "close": 24.717029,
        "volume": 180,
        "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": "2024-09-13",
        "close": 25.48604,
        "volume": 334,
        "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": "2024-09-20",
        "close": 25.86335,
        "volume": 187,
        "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": "2024-09-27",
        "close": 26.065026,
        "volume": 861,
        "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": "2024-10-04",
        "close": 26.107025,
        "volume": 9947,
        "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": "2024-10-11",
        "close": 26.21922,
        "volume": 5025,
        "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": "2024-10-18",
        "close": 26.529272,
        "volume": 680,
        "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": "2024-10-25",
        "close": 26.084117,
        "volume": 1029,
        "typical_volume": 2714.75,
        "trend": 24.668813,
        "fair_value": 23.842256,
        "relative_strength": -2.999885,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.133789,
        "energy": 78.927345,
        "activity_lines": [
          26.231627,
          26.009206,
          25.530606,
          25.158043
        ]
      },
      {
        "date": "2024-11-01",
        "close": 25.815477,
        "volume": 430,
        "typical_volume": 2684.2,
        "trend": 24.73143,
        "fair_value": 23.866617,
        "relative_strength": -2.400479,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.042336,
        "energy": 64.409548,
        "activity_lines": [
          26.103142,
          26.010088,
          25.597377,
          25.232022
        ]
      },
      {
        "date": "2024-11-08",
        "close": 26.935658,
        "volume": 2238,
        "typical_volume": 2793.35,
        "trend": 24.849022,
        "fair_value": 23.904044,
        "relative_strength": -2.560967,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.556937,
        "energy": 74.398765,
        "activity_lines": [
          26.364688,
          26.208426,
          25.761637,
          25.37423
        ]
      },
      {
        "date": "2024-11-15",
        "close": 26.458098,
        "volume": 774,
        "typical_volume": 2750.6,
        "trend": 24.963508,
        "fair_value": 23.934816,
        "relative_strength": -2.068495,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.510408,
        "energy": 57.256399,
        "activity_lines": [
          26.411804,
          26.294949,
          25.866866,
          25.478041
        ]
      },
      {
        "date": "2024-11-22",
        "close": 27.153096,
        "volume": 1092,
        "typical_volume": 2798.95,
        "trend": 25.087538,
        "fair_value": 23.973129,
        "relative_strength": -0.991439,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.531947,
        "energy": 65.82255,
        "activity_lines": [
          26.674661,
          26.476179,
          26.02718,
          25.619305
        ]
      },
      {
        "date": "2024-11-29",
        "close": 27.44161,
        "volume": 382,
        "typical_volume": 2763.35,
        "trend": 25.216895,
        "fair_value": 24.013934,
        "relative_strength": -0.951555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.461502,
        "energy": 88.561277,
        "activity_lines": [
          26.992101,
          26.679557,
          26.201348,
          25.771181
        ]
      },
      {
        "date": "2024-12-06",
        "close": 27.208997,
        "volume": 829,
        "typical_volume": 2802.6,
        "trend": 25.321802,
        "fair_value": 24.051086,
        "relative_strength": -2.463746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.607326,
        "energy": 85.261075,
        "activity_lines": [
          27.141504,
          26.811945,
          26.340641,
          25.899703
        ]
      },
      {
        "date": "2024-12-13",
        "close": 26.835408,
        "volume": 5077,
        "typical_volume": 1970.35,
        "trend": 25.405301,
        "fair_value": 24.08309,
        "relative_strength": -3.068747,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.142714,
        "energy": 82.558458,
        "activity_lines": [
          27.073477,
          26.855609,
          26.432137,
          25.997355
        ]
      },
      {
        "date": "2024-12-20",
        "close": 25.985628,
        "volume": 1603,
        "typical_volume": 1874.25,
        "trend": 25.471097,
        "fair_value": 24.10471,
        "relative_strength": -4.209962,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.400092,
        "energy": 42.677477,
        "activity_lines": [
          26.728872,
          26.731524,
          26.43257,
          26.034796
        ]
      },
      {
        "date": "2024-12-27",
        "close": 26.12406,
        "volume": 138,
        "typical_volume": 1715.2,
        "trend": 25.539873,
        "fair_value": 24.127399,
        "relative_strength": -4.152737,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 37.935874,
        "energy": 22.878382,
        "activity_lines": [
          26.461909,
          26.636856,
          26.438521,
          26.076922
        ]
      },
      {
        "date": "2025-01-03",
        "close": 26.143907,
        "volume": 307,
        "typical_volume": 1729.45,
        "trend": 25.612984,
        "fair_value": 24.149805,
        "relative_strength": -3.398422,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.532673,
        "energy": 28.513849,
        "activity_lines": [
          26.270165,
          26.553164,
          26.437856,
          26.115892
        ]
      },
      {
        "date": "2025-01-10",
        "close": 25.725644,
        "volume": 612,
        "typical_volume": 1657.3,
        "trend": 25.674353,
        "fair_value": 24.167122,
        "relative_strength": -2.910577,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.467895,
        "energy": 24.388634,
        "activity_lines": [
          26.025513,
          26.392336,
          26.391687,
          26.123161
        ]
      },
      {
        "date": "2025-01-17",
        "close": 26.691322,
        "volume": 10,
        "typical_volume": 1586.75,
        "trend": 25.761055,
        "fair_value": 24.194559,
        "relative_strength": -2.037095,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.732258,
        "energy": 20.873957,
        "activity_lines": [
          26.201644,
          26.40872,
          26.436289,
          26.188772
        ]
      },
      {
        "date": "2025-01-24",
        "close": 26.995244,
        "volume": 52,
        "typical_volume": 1580.35,
        "trend": 25.856699,
        "fair_value": 24.224673,
        "relative_strength": -2.512081,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.761077,
        "energy": 23.055443,
        "activity_lines": [
          26.488688,
          26.484805,
          26.504455,
          26.268397
        ]
      },
      {
        "date": "2025-01-31",
        "close": 26.867672,
        "volume": 20,
        "typical_volume": 1564.65,
        "trend": 25.942547,
        "fair_value": 24.25279,
        "relative_strength": -1.90825,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.089357,
        "energy": 31.73714,
        "activity_lines": [
          26.6659,
          26.527929,
          26.549623,
          26.333621
        ]
      },
      {
        "date": "2025-02-07",
        "close": 26.84901,
        "volume": 34,
        "typical_volume": 1557.0,
        "trend": 26.011841,
        "fair_value": 24.280119,
        "relative_strength": -1.754847,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 49.589897,
        "energy": 48.142008,
        "activity_lines": [
          26.787317,
          26.572849,
          26.586434,
          26.392102
        ]
      },
      {
        "date": "2025-02-14",
        "close": 27.119261,
        "volume": 1859,
        "typical_volume": 1606.9,
        "trend": 26.09437,
        "fair_value": 24.309693,
        "relative_strength": -2.141121,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.260235,
        "energy": 70.36684,
        "activity_lines": [
          26.951811,
          26.67768,
          26.64429,
          26.463549
        ]
      },
      {
        "date": "2025-02-21",
        "close": 26.724795,
        "volume": 85,
        "typical_volume": 1113.8,
        "trend": 26.161609,
        "fair_value": 24.334591,
        "relative_strength": -1.92922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.1663,
        "energy": 58.989452,
        "activity_lines": [
          26.891909,
          26.712422,
          26.659558,
          26.504221
        ]
      },
      {
        "date": "2025-02-28",
        "close": 26.666341,
        "volume": 558,
        "typical_volume": 890.45,
        "trend": 26.237955,
        "fair_value": 24.358385,
        "relative_strength": -1.143534,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.108979,
        "energy": 34.970818,
        "activity_lines": [
          26.810291,
          26.738547,
          26.666316,
          26.536785
        ]
      },
      {
        "date": "2025-03-07",
        "close": 25.95403,
        "volume": 4746,
        "typical_volume": 1093.75,
        "trend": 26.291837,
        "fair_value": 24.374502,
        "relative_strength": -0.675118,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 7.635317,
        "energy": 5.871855,
        "activity_lines": [
          26.513162,
          26.622784,
          26.603107,
          26.518467
        ]
      },
      {
        "date": "2025-03-14",
        "close": 25.457762,
        "volume": 24,
        "typical_volume": 1043.5,
        "trend": 26.308644,
        "fair_value": 24.385335,
        "relative_strength": -0.257024,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -36.36986,
        "energy": 34.047911,
        "activity_lines": [
          26.11152,
          26.419882,
          26.495373,
          26.464656
        ]
      },
      {
        "date": "2025-03-21",
        "close": 25.611698,
        "volume": 48,
        "typical_volume": 1024.4,
        "trend": 26.313241,
        "fair_value": 24.397477,
        "relative_strength": -0.12191,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -43.924962,
        "energy": 58.057175,
        "activity_lines": [
          25.85394,
          26.257444,
          26.405282,
          26.419691
        ]
      },
      {
        "date": "2025-03-28",
        "close": 25.441569,
        "volume": 2026,
        "typical_volume": 1013.8,
        "trend": 26.309246,
        "fair_value": 24.407713,
        "relative_strength": 0.743673,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.667049,
        "energy": 71.046688,
        "activity_lines": [
          25.640155,
          26.066145,
          26.299959,
          26.363454
        ]
      },
      {
        "date": "2025-04-04",
        "close": 23.333863,
        "volume": 1228,
        "typical_volume": 1036.5,
        "trend": 26.26314,
        "fair_value": 24.397288,
        "relative_strength": 1.635117,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -95.682063,
        "energy": 95.260141,
        "activity_lines": [
          24.809349,
          25.514349,
          26.001017,
          26.171494
        ]
      },
      {
        "date": "2025-04-11",
        "close": 22.883114,
        "volume": 329,
        "typical_volume": 998.35,
        "trend": 26.176376,
        "fair_value": 24.382728,
        "relative_strength": -5.536462,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -95.764147,
        "energy": 97.81349,
        "activity_lines": [
          24.050459,
          24.94717,
          25.674023,
          25.953428
        ]
      },
      {
        "date": "2025-04-18",
        "close": 23.124929,
        "volume": 1653,
        "typical_volume": 1061.9,
        "trend": 26.085095,
        "fair_value": 24.370749,
        "relative_strength": -3.042919,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.262515,
        "energy": 94.61229,
        "activity_lines": [
          23.576902,
          24.496404,
          25.390393,
          25.756561
        ]
      },
      {
        "date": "2025-04-25",
        "close": 23.327346,
        "volume": 217,
        "typical_volume": 1031.3,
        "trend": 25.993839,
        "fair_value": 24.360906,
        "relative_strength": -6.3261,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.550257,
        "energy": 88.830928,
        "activity_lines": [
          23.326339,
          24.150151,
          25.146596,
          25.578641
        ]
      },
      {
        "date": "2025-05-02",
        "close": 23.228606,
        "volume": 6369,
        "typical_volume": 1095.9,
        "trend": 25.897892,
        "fair_value": 24.350324,
        "relative_strength": -9.15617,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.100641,
        "energy": 87.961917,
        "activity_lines": [
          23.195153,
          23.854889,
          24.911879,
          25.400239
        ]
      },
      {
        "date": "2025-05-09",
        "close": 23.134803,
        "volume": 1814,
        "typical_volume": 1106.45,
        "trend": 25.795078,
        "fair_value": 24.339069,
        "relative_strength": -8.910227,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.456338,
        "energy": 82.958083,
        "activity_lines": [
          23.18023,
          23.60614,
          24.685405,
          25.221975
        ]
      },
      {
        "date": "2025-05-16",
        "close": 23.107353,
        "volume": 7770,
        "typical_volume": 1488.05,
        "trend": 25.681014,
        "fair_value": 24.327769,
        "relative_strength": -13.306994,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.512877,
        "energy": 66.607884,
        "activity_lines": [
          23.169428,
          23.416609,
          24.469891,
          25.048574
        ]
      },
      {
        "date": "2025-05-23",
        "close": 22.979287,
        "volume": 2392,
        "typical_volume": 1592.3,
        "trend": 25.57752,
        "fair_value": 24.31551,
        "relative_strength": -11.303408,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.543355,
        "energy": 66.539946,
        "activity_lines": [
          23.100988,
          23.255551,
          24.256545,
          24.874269
        ]
      },
      {
        "date": "2025-05-30",
        "close": 23.195528,
        "volume": 113,
        "typical_volume": 1567.35,
        "trend": 25.490188,
        "fair_value": 24.30542,
        "relative_strength": -11.770609,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.713006,
        "energy": 62.786268,
        "activity_lines": [
          23.114337,
          23.178873,
          24.078864,
          24.720592
        ]
      },
      {
        "date": "2025-06-06",
        "close": 23.113574,
        "volume": 71,
        "typical_volume": 1570.4,
        "trend": 25.362785,
        "fair_value": 24.294778,
        "relative_strength": -13.257186,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.565532,
        "energy": 62.44152,
        "activity_lines": [
          23.109157,
          23.131225,
          23.905426,
          24.567262
        ]
      },
      {
        "date": "2025-06-13",
        "close": 23.054626,
        "volume": 489,
        "typical_volume": 1592.25,
        "trend": 25.249336,
        "fair_value": 24.283804,
        "relative_strength": -12.944468,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -66.710782,
        "energy": 63.388387,
        "activity_lines": [
          23.091996,
          23.115186,
          23.74341,
          24.418348
        ]
      },
      {
        "date": "2025-06-20",
        "close": 23.039815,
        "volume": 126,
        "typical_volume": 1597.55,
        "trend": 25.112227,
        "fair_value": 24.272891,
        "relative_strength": -12.633005,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.6542,
        "energy": 61.210967,
        "activity_lines": [
          23.075243,
          23.101531,
          23.598749,
          24.275799
        ]
      },
      {
        "date": "2025-06-27",
        "close": 23.492044,
        "volume": 187,
        "typical_volume": 1605.2,
        "trend": 24.980575,
        "fair_value": 24.266101,
        "relative_strength": -13.65694,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -51.362922,
        "energy": 51.919167,
        "activity_lines": [
          23.213736,
          23.167251,
          23.515385,
          24.171271
        ]
      },
      {
        "date": "2025-07-04",
        "close": 23.935387,
        "volume": 6,
        "typical_volume": 1512.55,
        "trend": 24.871454,
        "fair_value": 24.26325,
        "relative_strength": -13.266068,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -46.849712,
        "energy": 44.728211,
        "activity_lines": [
          23.465825,
          23.306903,
          23.490229,
          24.103839
        ]
      },
      {
        "date": "2025-07-11",
        "close": 23.863801,
        "volume": 8337,
        "typical_volume": 1925.15,
        "trend": 24.772401,
        "fair_value": 24.259836,
        "relative_strength": -13.040034,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -38.079402,
        "energy": 39.472917,
        "activity_lines": [
          23.644729,
          23.422485,
          23.473418,
          24.038829
        ]
      },
      {
        "date": "2025-07-18",
        "close": 23.879698,
        "volume": 3843,
        "typical_volume": 2089.4,
        "trend": 24.702203,
        "fair_value": 24.256615,
        "relative_strength": -13.250801,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -17.353028,
        "energy": 40.114932,
        "activity_lines": [
          23.778917,
          23.529408,
          23.471744,
          23.981236
        ]
      },
      {
        "date": "2025-07-25",
        "close": 24.251553,
        "volume": 630,
        "typical_volume": 1883.6,
        "trend": 24.639786,
        "fair_value": 24.256572,
        "relative_strength": -12.915531,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 18.951193,
        "energy": 43.300948,
        "activity_lines": [
          23.982052,
          23.690397,
          23.518755,
          23.952162
        ]
      },
      {
        "date": "2025-08-01",
        "close": 23.640451,
        "volume": 4272,
        "typical_volume": 2096.0,
        "trend": 24.556338,
        "fair_value": 24.251438,
        "relative_strength": -12.69165,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -3.284557,
        "energy": 27.638197,
        "activity_lines": [
          23.900703,
          23.719473,
          23.515672,
          23.887688
        ]
      },
      {
        "date": "2025-08-08",
        "close": 23.96106,
        "volume": 2134,
        "typical_volume": 2200.3,
        "trend": 24.497518,
        "fair_value": 24.249038,
        "relative_strength": -13.324598,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 1.84467,
        "energy": 22.947858,
        "activity_lines": [
          23.916331,
          23.794821,
          23.551777,
          23.849283
        ]
      },
      {
        "date": "2025-08-15",
        "close": 24.257181,
        "volume": 2672,
        "typical_volume": 2232.6,
        "trend": 24.41638,
        "fair_value": 24.249105,
        "relative_strength": -12.802645,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 17.79603,
        "energy": 30.148912,
        "activity_lines": [
          24.028953,
          23.91009,
          23.623945,
          23.833778
        ]
      },
      {
        "date": "2025-08-22",
        "close": 24.578284,
        "volume": 719,
        "typical_volume": 2207.15,
        "trend": 24.335815,
        "fair_value": 24.251781,
        "relative_strength": -11.59801,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "down",
        "direction": 26.690159,
        "energy": 35.849698,
        "activity_lines": [
          24.222385,
          24.062949,
          23.732334,
          23.844223
        ]
      },
      {
        "date": "2025-08-29",
        "close": 24.556265,
        "volume": 127,
        "typical_volume": 2197.05,
        "trend": 24.258768,
        "fair_value": 24.254237,
        "relative_strength": -11.33124,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 42.05851,
        "energy": 57.470534,
        "activity_lines": [
          24.361905,
          24.184101,
          23.8327,
          23.858446
        ]
      },
      {
        "date": "2025-09-05",
        "close": 24.564164,
        "volume": 2706,
        "typical_volume": 2249.7,
        "trend": 24.182606,
        "fair_value": 24.256716,
        "relative_strength": -11.270662,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 44.432102,
        "energy": 68.096079,
        "activity_lines": [
          24.483744,
          24.279118,
          23.925851,
          23.878149
        ]
      },
      {
        "date": "2025-09-12",
        "close": 24.823949,
        "volume": 1496,
        "typical_volume": 2313.65,
        "trend": 24.106096,
        "fair_value": 24.261218,
        "relative_strength": -11.394703,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 52.989017,
        "energy": 75.875437,
        "activity_lines": [
          24.630596,
          24.401875,
          24.03689,
          23.919526
        ]
      },
      {
        "date": "2025-09-19",
        "close": 24.924664,
        "volume": 2494,
        "typical_volume": 2119.9,
        "trend": 24.046091,
        "fair_value": 24.266442,
        "relative_strength": -11.782928,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 51.814481,
        "energy": 77.057561,
        "activity_lines": [
          24.753495,
          24.526788,
          24.150394,
          23.972337
        ]
      },
      {
        "date": "2025-09-26",
        "close": 24.91637,
        "volume": 612,
        "typical_volume": 2059.8,
        "trend": 23.987759,
        "fair_value": 24.271519,
        "relative_strength": -11.220293,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 74.044051,
        "energy": 86.041061,
        "activity_lines": [
          24.82913,
          24.630905,
          24.255032,
          24.028484
        ]
      },
      {
        "date": "2025-10-03",
        "close": 25.103384,
        "volume": 15,
        "typical_volume": 1672.05,
        "trend": 23.959404,
        "fair_value": 24.277968,
        "relative_strength": -11.195212,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.750102,
        "energy": 89.483219,
        "activity_lines": [
          24.944564,
          24.750176,
          24.368996,
          24.100459
        ]
      },
      {
        "date": "2025-10-10",
        "close": 24.488233,
        "volume": 229,
        "typical_volume": 1563.9,
        "trend": 23.927087,
        "fair_value": 24.279585,
        "relative_strength": -10.887441,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.57637,
        "energy": 57.034718,
        "activity_lines": [
          24.818473,
          24.742113,
          24.414871,
          24.134577
        ]
      },
      {
        "date": "2025-10-17",
        "close": 24.909458,
        "volume": 753,
        "typical_volume": 1595.9,
        "trend": 23.903679,
        "fair_value": 24.284394,
        "relative_strength": -10.560968,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.616877,
        "energy": 54.157294,
        "activity_lines": [
          24.837852,
          24.795223,
          24.493676,
          24.197956
        ]
      },
      {
        "date": "2025-10-24",
        "close": 25.268576,
        "volume": 2885,
        "typical_volume": 1736.6,
        "trend": 23.897912,
        "fair_value": 24.29185,
        "relative_strength": -10.654871,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.086758,
        "energy": 60.07097,
        "activity_lines": [
          24.971237,
          24.896383,
          24.598521,
          24.286014
        ]
      },
      {
        "date": "2025-10-31",
        "close": 25.001188,
        "volume": 1185,
        "typical_volume": 1771.4,
        "trend": 23.95349,
        "fair_value": 24.297183,
        "relative_strength": -11.85434,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.625416,
        "energy": 50.556048,
        "activity_lines": [
          24.992565,
          24.930538,
          24.66764,
          24.357193
        ]
      },
      {
        "date": "2025-11-07",
        "close": 24.830367,
        "volume": 274529,
        "typical_volume": 15491.55,
        "trend": 24.018398,
        "fair_value": 24.301162,
        "relative_strength": -10.655685,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.794071,
        "energy": 49.347093,
        "activity_lines": [
          24.951298,
          24.925946,
          24.71122,
          24.413766
        ]
      },
      {
        "date": "2025-11-14",
        "close": 24.820493,
        "volume": 1179,
        "typical_volume": 15541.15,
        "trend": 24.074917,
        "fair_value": 24.305009,
        "relative_strength": -10.453891,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.658583,
        "energy": 44.580877,
        "activity_lines": [
          24.92494,
          24.914575,
          24.745333,
          24.465514
        ]
      },
      {
        "date": "2025-11-21",
        "close": 24.560807,
        "volume": 1621,
        "typical_volume": 15621.9,
        "trend": 24.116032,
        "fair_value": 24.30689,
        "relative_strength": -9.28075,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 40.543069,
        "energy": 25.138864,
        "activity_lines": [
          24.789871,
          24.851327,
          24.748388,
          24.496862
        ]
      },
      {
        "date": "2025-11-28",
        "close": 25.375709,
        "volume": 375,
        "typical_volume": 15223.8,
        "trend": 24.187602,
        "fair_value": 24.314691,
        "relative_strength": -9.231041,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 71.717084,
        "energy": 38.815904,
        "activity_lines": [
          24.949678,
          24.941028,
          24.826075,
          24.578131
        ]
      },
      {
        "date": "2025-12-05",
        "close": 25.321204,
        "volume": 575,
        "typical_volume": 15060.4,
        "trend": 24.260482,
        "fair_value": 24.321985,
        "relative_strength": -9.372818,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.882144,
        "energy": 43.779016,
        "activity_lines": [
          25.084175,
          25.012618,
          24.891371,
          24.651267
        ]
      },
      {
        "date": "2025-12-12",
        "close": 25.371068,
        "volume": 19,
        "typical_volume": 15029.85,
        "trend": 24.33594,
        "fair_value": 24.329532,
        "relative_strength": -8.336159,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.27804,
        "energy": 48.172487,
        "activity_lines": [
          25.213959,
          25.085914,
          24.954552,
          24.722917
        ]
      },
      {
        "date": "2025-12-19",
        "close": 25.288225,
        "volume": 284,
        "typical_volume": 14830.45,
        "trend": 24.412904,
        "fair_value": 24.33638,
        "relative_strength": -8.42926,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.011632,
        "energy": 58.980945,
        "activity_lines": [
          25.280082,
          25.13928,
          25.004512,
          24.784355
        ]
      },
      {
        "date": "2025-12-26",
        "close": 25.5645,
        "volume": 1286,
        "typical_volume": 14788.05,
        "trend": 24.49187,
        "fair_value": 24.34509,
        "relative_strength": -8.411703,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.975177,
        "energy": 68.314688,
        "activity_lines": [
          25.407115,
          25.228333,
          25.072938,
          24.858652
        ]
      },
      {
        "date": "2026-01-02",
        "close": 25.4446,
        "volume": 4610,
        "typical_volume": 14884.95,
        "trend": 24.569571,
        "fair_value": 24.352833,
        "relative_strength": -7.561534,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.491207,
        "energy": 54.547462,
        "activity_lines": [
          25.427268,
          25.283676,
          25.122309,
          24.920118
        ]
      },
      {
        "date": "2026-01-09",
        "close": 26.0077,
        "volume": 218,
        "typical_volume": 14859.9,
        "trend": 24.668007,
        "fair_value": 24.364406,
        "relative_strength": -6.671595,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.912678,
        "energy": 73.282179,
        "activity_lines": [
          25.630528,
          25.4382,
          25.219654,
          25.012901
        ]
      },
      {
        "date": "2026-01-16",
        "close": 26.1625,
        "volume": 3461,
        "typical_volume": 15026.6,
        "trend": 24.772096,
        "fair_value": 24.376892,
        "relative_strength": -5.455542,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.906161,
        "energy": 85.95824,
        "activity_lines": [
          25.839622,
          25.60257,
          25.324935,
          25.10932
        ]
      },
      {
        "date": "2026-01-23",
        "close": 26.17,
        "volume": 3135,
        "typical_volume": 15048.05,
        "trend": 24.861361,
        "fair_value": 24.389259,
        "relative_strength": -4.7768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.476561,
        "energy": 86.916621,
        "activity_lines": [
          25.998453,
          25.744082,
          25.423282,
          25.199507
        ]
      },
      {
        "date": "2026-01-30",
        "close": 26.2372,
        "volume": 5355,
        "typical_volume": 15241.0,
        "trend": 24.938088,
        "fair_value": 24.401916,
        "relative_strength": -4.576653,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.48568,
        "energy": 89.906162,
        "activity_lines": [
          26.1209,
          25.873277,
          25.520382,
          25.288271
        ]
      },
      {
        "date": "2026-02-06",
        "close": 26.6284,
        "volume": 1367,
        "typical_volume": 15184.65,
        "trend": 25.030242,
        "fair_value": 24.417062,
        "relative_strength": -2.650926,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.075118,
        "energy": 93.029857,
        "activity_lines": [
          26.3289,
          26.043118,
          25.64801,
          25.397323
        ]
      },
      {
        "date": "2026-02-13",
        "close": 26.7416,
        "volume": 14260,
        "typical_volume": 15867.05,
        "trend": 25.125638,
        "fair_value": 24.432768,
        "relative_strength": -0.686629,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.91677,
        "energy": 91.746067,
        "activity_lines": [
          26.495713,
          26.210766,
          25.778305,
          25.507733
        ]
      },
      {
        "date": "2026-02-20",
        "close": 26.8916,
        "volume": 7189,
        "typical_volume": 16225.75,
        "trend": 25.21364,
        "fair_value": 24.44927,
        "relative_strength": -0.94973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.024066,
        "energy": 92.654712,
        "activity_lines": [
          26.6636,
          26.37986,
          25.914194,
          25.621666
        ]
      },
      {
        "date": "2026-02-27",
        "close": 27.0473,
        "volume": 1946,
        "typical_volume": 16311.6,
        "trend": 25.327202,
        "fair_value": 24.466591,
        "relative_strength": 0.416419,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.826907,
        "energy": 94.009784,
        "activity_lines": [
          26.83478,
          26.549618,
          26.056397,
          25.739967
        ]
      },
      {
        "date": "2026-03-06",
        "close": 26.3237,
        "volume": 112414,
        "typical_volume": 21894.65,
        "trend": 25.405956,
        "fair_value": 24.478889,
        "relative_strength": 0.023804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.375663,
        "energy": 69.393021,
        "activity_lines": [
          26.706273,
          26.555829,
          26.1175,
          25.804257
        ]
      },
      {
        "date": "2026-03-13",
        "close": 25.9528,
        "volume": 108147,
        "typical_volume": 27157.75,
        "trend": 25.462477,
        "fair_value": 24.488586,
        "relative_strength": 0.44141,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.23958,
        "energy": 50.613061,
        "activity_lines": [
          26.448367,
          26.4808,
          26.136544,
          25.839537
        ]
      },
      {
        "date": "2026-03-20",
        "close": 25.3945,
        "volume": 514,
        "typical_volume": 27124.2,
        "trend": 25.489684,
        "fair_value": 24.494507,
        "relative_strength": 0.417056,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 13.806379,
        "energy": 20.486871,
        "activity_lines": [
          26.0494,
          26.295022,
          26.099158,
          25.835152
        ]
      },
      {
        "date": "2026-03-27",
        "close": 25.4403,
        "volume": 442,
        "typical_volume": 13419.85,
        "trend": 25.519152,
        "fair_value": 24.500649,
        "relative_strength": 3.210524,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.215867,
        "energy": 27.493009,
        "activity_lines": [
          25.755507,
          26.12872,
          26.064262,
          25.831966
        ]
      },
      {
        "date": "2026-04-03",
        "close": 25.9741,
        "volume": 750,
        "typical_volume": 13398.4,
        "trend": 25.56615,
        "fair_value": 24.510155,
        "relative_strength": 2.242404,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.988007,
        "energy": 27.408037,
        "activity_lines": [
          25.7363,
          26.072604,
          26.077299,
          25.861317
        ]
      },
      {
        "date": "2026-04-10",
        "close": 26.5187,
        "volume": 947,
        "typical_volume": 13364.7,
        "trend": 25.622642,
        "fair_value": 24.52303,
        "relative_strength": 0.972358,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.448743,
        "energy": 26.168995,
        "activity_lines": [
          25.970173,
          26.119067,
          26.136709,
          25.922772
        ]
      },
      {
        "date": "2026-04-17",
        "close": 27.1191,
        "volume": 10051,
        "typical_volume": 13848.5,
        "trend": 25.695789,
        "fair_value": 24.541459,
        "relative_strength": -0.894689,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.579105,
        "energy": 41.779562,
        "activity_lines": [
          26.39118,
          26.269576,
          26.243977,
          26.019318
        ]
      },
      {
        "date": "2026-04-24",
        "close": 27.0952,
        "volume": 2955,
        "typical_volume": 13967.5,
        "trend": 25.768417,
        "fair_value": 24.559081,
        "relative_strength": -1.267697,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 74.235553,
        "energy": 72.31652,
        "activity_lines": [
          26.726467,
          26.406818,
          26.340667,
          26.109602
        ]
      },
      {
        "date": "2026-05-01",
        "close": 27.3204,
        "volume": 9402,
        "typical_volume": 14436.65,
        "trend": 25.842318,
        "fair_value": 24.577712,
        "relative_strength": -1.198839,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.285665,
        "energy": 83.14319,
        "activity_lines": [
          27.02344,
          26.578576,
          26.450357,
          26.20973
        ]
      },
      {
        "date": "2026-05-08",
        "close": 27.2496,
        "volume": 6291,
        "typical_volume": 14737.0,
        "trend": 25.934363,
        "fair_value": 24.595919,
        "relative_strength": -3.503351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.118517,
        "energy": 83.465594,
        "activity_lines": [
          27.171473,
          26.729665,
          26.544022,
          26.300523
        ]
      },
      {
        "date": "2026-05-15",
        "close": 27.15,
        "volume": 10953,
        "typical_volume": 15220.35,
        "trend": 26.009048,
        "fair_value": 24.61464,
        "relative_strength": -3.932009,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.513424,
        "energy": 78.772946,
        "activity_lines": [
          27.201273,
          26.858967,
          26.618861,
          26.378951
        ]
      },
      {
        "date": "2026-05-22",
        "close": 27.5351,
        "volume": 73291,
        "typical_volume": 18654.4,
        "trend": 26.084599,
        "fair_value": 24.636544,
        "relative_strength": -3.258714,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.62027,
        "energy": 75.903841,
        "activity_lines": [
          27.317353,
          27.043264,
          26.722826,
          26.477406
        ]
      },
      {
        "date": "2026-05-29",
        "close": 27.5081,
        "volume": 2325,
        "typical_volume": 18759.75,
        "trend": 26.168162,
        "fair_value": 24.657777,
        "relative_strength": -4.572935,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.186199,
        "energy": 59.148514,
        "activity_lines": [
          27.3967,
          27.193882,
          26.814265,
          26.569245
        ]
      },
      {
        "date": "2026-06-05",
        "close": 27.2542,
        "volume": 2614,
        "typical_volume": 18717.4,
        "trend": 26.248957,
        "fair_value": 24.677786,
        "relative_strength": -2.925781,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.682927,
        "energy": 53.489848,
        "activity_lines": [
          27.363887,
          27.259907,
          26.874379,
          26.639311
        ]
      },
      {
        "date": "2026-06-12",
        "close": 27.5901,
        "volume": 19192,
        "typical_volume": 19520.25,
        "trend": 26.341277,
        "fair_value": 24.69998,
        "relative_strength": -2.19368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.962724,
        "energy": 56.103077,
        "activity_lines": [
          27.447453,
          27.354025,
          26.961284,
          26.725837
        ]
      },
      {
        "date": "2026-06-19",
        "close": 27.4044,
        "volume": 3747,
        "typical_volume": 19439.85,
        "trend": 26.436064,
        "fair_value": 24.720984,
        "relative_strength": -3.625041,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.070311,
        "energy": 49.460867,
        "activity_lines": [
          27.44642,
          27.384998,
          27.023741,
          26.794425
        ]
      },
      {
        "date": "2026-06-26",
        "close": 27.5662,
        "volume": 37192,
        "typical_volume": 21231.1,
        "trend": 26.50908,
        "fair_value": 24.743323,
        "relative_strength": -0.654819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.255504,
        "energy": 49.528051,
        "activity_lines": [
          27.48236,
          27.429285,
          27.09605,
          26.867337
        ]
      },
      {
        "date": "2026-07-03",
        "close": 27.8024,
        "volume": 2142,
        "typical_volume": 20625.2,
        "trend": 26.591786,
        "fair_value": 24.76778,
        "relative_strength": -1.859949,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.623674,
        "energy": 56.834511,
        "activity_lines": [
          27.59496,
          27.508389,
          27.186388,
          26.950777
        ]
      },
      {
        "date": "2026-07-10",
        "close": 27.8515,
        "volume": 21953,
        "typical_volume": 21363.4,
        "trend": 26.674467,
        "fair_value": 24.791433,
        "relative_strength": -2.922787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.641564,
        "energy": 66.233255,
        "activity_lines": [
          27.704307,
          27.583562,
          27.27635,
          27.032049
        ]
      },
      {
        "date": "2026-07-17",
        "close": 27.8003,
        "volume": 3976,
        "typical_volume": 21464.9,
        "trend": 26.758203,
        "fair_value": 24.813095,
        "relative_strength": -1.527909,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.018069,
        "energy": 72.940574,
        "activity_lines": [
          27.756767,
          27.639769,
          27.356866,
          27.104684
        ]
      },
      {
        "date": "2026-07-24",
        "close": 27.7746,
        "volume": 23369,
        "typical_volume": 17012.65,
        "trend": 26.831873,
        "fair_value": 24.8337,
        "relative_strength": -0.993402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.814062,
        "energy": 62.395812,
        "activity_lines": [
          27.786647,
          27.681291,
          27.431349,
          27.170258
        ]
      },
      {
        "date": "2026-07-31",
        "close": 27.7644,
        "volume": 4776,
        "typical_volume": 11844.1,
        "trend": 26.9092,
        "fair_value": 24.857203,
        "relative_strength": -2.039464,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.793992,
        "energy": 52.189365,
        "activity_lines": [
          27.788447,
          27.709602,
          27.49795,
          27.230421
        ]
      },
      {
        "date": "2026-08-07",
        "close": 28.2954,
        "volume": 15243,
        "typical_volume": 12580.55,
        "trend": 26.985457,
        "fair_value": 24.883953,
        "relative_strength": -3.482583,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.282019,
        "energy": 61.199126,
        "activity_lines": [
          27.954033,
          27.830289,
          27.606497,
          27.319853
        ]
      }
    ],
    "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."
    }
  }
}