{
  "ticker": {
    "uuid": "4e128a0e-fdaa-475e-a6ef-ed795102c8f4",
    "symbol": "IQEE",
    "name": "IndexIQ Factors Sustainable Europe Equity UCITS ETF Cap",
    "exchange": "PAR",
    "country": "FR",
    "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": "^FCHI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 89.343,
    "architecture_energy": 94.9,
    "architecture_maturity": 37.557,
    "architecture_confidence": 74.222,
    "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": 1.04,
        "rotation_up": 87.55,
        "upward_expansion": 99.86,
        "deceleration": 39.04,
        "rotation_down": 9.01,
        "downward_expansion": 21.86
      },
      "activity_lines": [
        51.607333,
        50.968546,
        50.140714,
        49.577753
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 52.330002,
    "trend_reference": 48.931333,
    "distance_from_trend": 0.069458,
    "trend_direction": "Improving",
    "fair_value": 41.583225,
    "distance_from_fair_value": 0.25844,
    "fair_value_direction": "Improving",
    "relative_strength": 3.203555,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.083998,
    "excess_performance": 0.030687,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.069458,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.032241,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.25844,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.054349,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.032036,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.009944,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.083998,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 82.8,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 194,
      "relative_activity": 0.17396,
      "balance": 82.8,
      "dry_up": 0.414948,
      "accumulation_observations": 1,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.014259,
      "annualized_volatility": 0.128188,
      "from_high_reference": -0.006267,
      "from_low_reference": 0.19162
    },
    "levels": {
      "trend_reference": 48.931333,
      "fair_value_reference": 41.583225,
      "structural_low": 45.895,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 40,
        "median_return": 0.006046,
        "positive_rate": 0.575,
        "directional_follow_through": 0.575,
        "median_excess_return": 0.001185,
        "regime_survival": 0.75,
        "best_return": 0.052792,
        "worst_return": -0.038605,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 15,
        "median_return": 0.027192,
        "positive_rate": 0.733333,
        "directional_follow_through": 0.733333,
        "median_excess_return": 0.014341,
        "regime_survival": 0.533333,
        "best_return": 0.051899,
        "worst_return": -0.093847,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 9,
        "median_return": 0.073149,
        "positive_rate": 0.888889,
        "directional_follow_through": 0.888889,
        "median_excess_return": 0.014229,
        "regime_survival": 0.777778,
        "best_return": 0.092382,
        "worst_return": -0.142474,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.088619,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.038838,
        "regime_survival": 0.5,
        "best_return": 0.161527,
        "worst_return": -0.071832,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-13",
        "end": "2024-11-01",
        "tenure": "Developing",
        "return": -0.006425,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-08",
        "end": "2025-01-24",
        "tenure": "Developing",
        "return": 0.061772,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": 0.025086,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-04-25",
        "tenure": "New",
        "return": 0.126027,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-02",
        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.012474,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-16",
        "end": "2025-06-27",
        "tenure": "Developing",
        "return": -0.008356,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-04",
        "end": "2025-07-25",
        "tenure": "New",
        "return": 0.008262,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-01",
        "end": "2025-09-19",
        "tenure": "Developing",
        "return": -0.00147,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-26",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": 0.043212,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-31",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": 0.003514,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-12",
        "end": "2025-12-19",
        "tenure": "New",
        "return": 0.011708,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-26",
        "end": "2026-03-20",
        "tenure": "Established",
        "return": 0.015182,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.071358,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.075311,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 33.619999,
        "volume": 50,
        "typical_volume": 2642.45,
        "trend": 34.034334,
        "fair_value": 31.62141,
        "relative_strength": -0.838518,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 13.992031,
        "energy": 7.080343,
        "activity_lines": [
          34.269666,
          34.365091,
          34.36081,
          34.218559
        ]
      },
      {
        "date": "2023-08-25",
        "close": 33.884998,
        "volume": 2000,
        "typical_volume": 2672.45,
        "trend": 34.0635,
        "fair_value": 31.677083,
        "relative_strength": -0.868028,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -12.935816,
        "energy": 18.23371,
        "activity_lines": [
          34.056666,
          34.274727,
          34.318738,
          34.208925
        ]
      },
      {
        "date": "2023-09-01",
        "close": 34.404999,
        "volume": 267,
        "typical_volume": 1839.55,
        "trend": 34.0815,
        "fair_value": 31.738494,
        "relative_strength": -0.182484,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 14.15463,
        "energy": 16.85421,
        "activity_lines": [
          34.089332,
          34.295636,
          34.324714,
          34.230957
        ]
      },
      {
        "date": "2023-09-08",
        "close": 33.919998,
        "volume": 2,
        "typical_volume": 1768.5,
        "trend": 34.089333,
        "fair_value": 31.794231,
        "relative_strength": -0.720305,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.372677,
        "energy": 17.01269,
        "activity_lines": [
          34.028665,
          34.217181,
          34.284166,
          34.220537
        ]
      },
      {
        "date": "2023-09-15",
        "close": 34.744999,
        "volume": 188,
        "typical_volume": 1527.5,
        "trend": 34.110667,
        "fair_value": 31.855673,
        "relative_strength": -0.110182,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 27.676354,
        "energy": 10.888981,
        "activity_lines": [
          34.267332,
          34.298181,
          34.325095,
          34.262838
        ]
      },
      {
        "date": "2023-09-22",
        "close": 34.25,
        "volume": 691,
        "typical_volume": 1562.05,
        "trend": 34.1165,
        "fair_value": 31.920801,
        "relative_strength": 1.205455,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 25.092476,
        "energy": 12.25918,
        "activity_lines": [
          34.312332,
          34.268272,
          34.317142,
          34.271828
        ]
      },
      {
        "date": "2023-09-29",
        "close": 34.02,
        "volume": 194,
        "typical_volume": 1566.75,
        "trend": 34.122,
        "fair_value": 31.980898,
        "relative_strength": 1.280363,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 17.978195,
        "energy": 7.699355,
        "activity_lines": [
          34.238666,
          34.202363,
          34.287071,
          34.265602
        ]
      },
      {
        "date": "2023-10-06",
        "close": 33.665001,
        "volume": 354,
        "typical_volume": 1562.05,
        "trend": 34.107,
        "fair_value": 32.035064,
        "relative_strength": 1.317911,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -26.981519,
        "energy": 13.198499,
        "activity_lines": [
          34.037667,
          34.089181,
          34.224547,
          34.236118
        ]
      },
      {
        "date": "2023-10-13",
        "close": 33.669998,
        "volume": 3,
        "typical_volume": 1526.55,
        "trend": 34.135333,
        "fair_value": 32.090481,
        "relative_strength": 2.174478,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -30.760092,
        "energy": 35.821225,
        "activity_lines": [
          33.887666,
          34.008999,
          34.16738,
          34.207924
        ]
      },
      {
        "date": "2023-10-20",
        "close": 32.48,
        "volume": 17,
        "typical_volume": 1418.1,
        "trend": 34.143833,
        "fair_value": 32.139455,
        "relative_strength": 1.302081,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -79.765726,
        "energy": 71.130836,
        "activity_lines": [
          33.357666,
          33.723636,
          33.998738,
          34.101129
        ]
      },
      {
        "date": "2023-10-27",
        "close": 32.105,
        "volume": 1036,
        "typical_volume": 1469.9,
        "trend": 34.122667,
        "fair_value": 32.194071,
        "relative_strength": 0.492484,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.470336,
        "energy": 83.097323,
        "activity_lines": [
          32.853666,
          33.403454,
          33.803428,
          33.969591
        ]
      },
      {
        "date": "2023-11-03",
        "close": 33.299999,
        "volume": 2121,
        "typical_volume": 717.15,
        "trend": 34.1135,
        "fair_value": 32.246346,
        "relative_strength": 0.521519,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.985678,
        "energy": 73.916862,
        "activity_lines": [
          32.890999,
          33.32809,
          33.732166,
          33.916516
        ]
      },
      {
        "date": "2023-11-10",
        "close": 32.990002,
        "volume": 503,
        "typical_volume": 685.1,
        "trend": 34.068667,
        "fair_value": 32.287308,
        "relative_strength": -0.327903,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.254154,
        "energy": 71.253185,
        "activity_lines": [
          32.873,
          33.207,
          33.638547,
          33.844032
        ]
      },
      {
        "date": "2023-11-17",
        "close": 33.98,
        "volume": 837,
        "typical_volume": 726.95,
        "trend": 34.050333,
        "fair_value": 32.331378,
        "relative_strength": 0.012539,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.53604,
        "energy": 34.176658,
        "activity_lines": [
          33.23,
          33.291636,
          33.643024,
          33.838312
        ]
      },
      {
        "date": "2023-11-24",
        "close": 34.119999,
        "volume": 570,
        "typical_volume": 705.9,
        "trend": 34.041667,
        "fair_value": 32.373622,
        "relative_strength": -0.337396,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.696032,
        "energy": 17.428279,
        "activity_lines": [
          33.613,
          33.400636,
          33.663023,
          33.842806
        ]
      },
      {
        "date": "2023-12-01",
        "close": 34.709999,
        "volume": 215,
        "typical_volume": 707.75,
        "trend": 34.0585,
        "fair_value": 32.417628,
        "relative_strength": 0.663632,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 18.482801,
        "energy": 24.874239,
        "activity_lines": [
          34.083333,
          33.628272,
          33.736714,
          33.885924
        ]
      },
      {
        "date": "2023-12-08",
        "close": 35.32,
        "volume": 468,
        "typical_volume": 648.15,
        "trend": 34.092333,
        "fair_value": 32.468942,
        "relative_strength": 0.000182,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 42.697921,
        "energy": 43.824588,
        "activity_lines": [
          34.583333,
          33.958454,
          33.867833,
          33.967311
        ]
      },
      {
        "date": "2023-12-15",
        "close": 35.52,
        "volume": 90,
        "typical_volume": 608.75,
        "trend": 34.12,
        "fair_value": 32.51766,
        "relative_strength": -0.287713,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 44.235553,
        "energy": 67.807164,
        "activity_lines": [
          35.015333,
          34.301363,
          34.016333,
          34.059419
        ]
      },
      {
        "date": "2023-12-22",
        "close": 35.845001,
        "volume": 83,
        "typical_volume": 599.7,
        "trend": 34.1795,
        "fair_value": 32.569039,
        "relative_strength": 1.01137,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 55.695396,
        "energy": 78.066238,
        "activity_lines": [
          35.387,
          34.669636,
          34.195357,
          34.170709
        ]
      },
      {
        "date": "2023-12-29",
        "close": 35.669998,
        "volume": 504,
        "typical_volume": 509.65,
        "trend": 34.2225,
        "fair_value": 32.619135,
        "relative_strength": 0.899005,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 72.005902,
        "energy": 85.832857,
        "activity_lines": [
          35.576,
          34.966545,
          34.350285,
          34.266871
        ]
      },
      {
        "date": "2024-01-05",
        "close": 35.91,
        "volume": 1222,
        "typical_volume": 568.25,
        "trend": 34.277666,
        "fair_value": 32.66484,
        "relative_strength": 3.198043,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.138131,
        "energy": 88.357292,
        "activity_lines": [
          35.741666,
          35.249091,
          34.521619,
          34.375742
        ]
      },
      {
        "date": "2024-01-12",
        "close": 35.84,
        "volume": 0,
        "typical_volume": 468.25,
        "trend": 34.312166,
        "fair_value": 32.710801,
        "relative_strength": 2.340589,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.017213,
        "energy": 85.272772,
        "activity_lines": [
          35.804,
          35.449727,
          34.675381,
          34.476537
        ]
      },
      {
        "date": "2024-01-19",
        "close": 35.18,
        "volume": 115,
        "typical_volume": 460.65,
        "trend": 34.3585,
        "fair_value": 32.7525,
        "relative_strength": 1.704365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.640658,
        "energy": 66.322164,
        "activity_lines": [
          35.611666,
          35.484182,
          34.756976,
          34.532527
        ]
      },
      {
        "date": "2024-01-26",
        "close": 36.200001,
        "volume": 344,
        "typical_volume": 477.75,
        "trend": 34.417166,
        "fair_value": 32.807436,
        "relative_strength": 1.017095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.899866,
        "energy": 64.171281,
        "activity_lines": [
          35.782,
          35.664273,
          34.932024,
          34.651333
        ]
      },
      {
        "date": "2024-02-02",
        "close": 36.110001,
        "volume": 21,
        "typical_volume": 469.4,
        "trend": 34.501,
        "fair_value": 32.855962,
        "relative_strength": 1.290771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.627261,
        "energy": 63.984991,
        "activity_lines": [
          35.898667,
          35.787637,
          35.087643,
          34.760548
        ]
      },
      {
        "date": "2024-02-09",
        "close": 35.724998,
        "volume": 701,
        "typical_volume": 469.9,
        "trend": 34.5395,
        "fair_value": 32.899231,
        "relative_strength": -0.491645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.883348,
        "energy": 56.746797,
        "activity_lines": [
          35.857666,
          35.804818,
          35.200095,
          34.839516
        ]
      },
      {
        "date": "2024-02-16",
        "close": 36.275002,
        "volume": 1270,
        "typical_volume": 523.7,
        "trend": 34.583,
        "fair_value": 32.944391,
        "relative_strength": -0.540541,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.652415,
        "energy": 80.343006,
        "activity_lines": [
          36.012334,
          35.903546,
          35.357905,
          34.951484
        ]
      },
      {
        "date": "2024-02-23",
        "close": 36.805,
        "volume": 144,
        "typical_volume": 513.2,
        "trend": 34.628833,
        "fair_value": 32.99625,
        "relative_strength": -1.552895,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.059051,
        "energy": 86.978851,
        "activity_lines": [
          36.314667,
          36.081273,
          35.555452,
          35.094839
        ]
      },
      {
        "date": "2024-03-01",
        "close": 36.650002,
        "volume": 770,
        "typical_volume": 551.55,
        "trend": 34.707666,
        "fair_value": 33.04343,
        "relative_strength": -1.570625,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.266685,
        "energy": 82.713723,
        "activity_lines": [
          36.457001,
          36.207455,
          35.723286,
          35.225237
        ]
      },
      {
        "date": "2024-03-08",
        "close": 37.055,
        "volume": 1065,
        "typical_volume": 603.95,
        "trend": 34.799,
        "fair_value": 33.087596,
        "relative_strength": -1.602282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.297317,
        "energy": 92.008584,
        "activity_lines": [
          36.704334,
          36.392637,
          35.9155,
          35.376678
        ]
      },
      {
        "date": "2024-03-15",
        "close": 37.275002,
        "volume": 0,
        "typical_volume": 552.15,
        "trend": 34.920833,
        "fair_value": 33.132789,
        "relative_strength": -2.601748,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.24277,
        "energy": 92.301084,
        "activity_lines": [
          36.962001,
          36.592637,
          36.106881,
          35.53642
        ]
      },
      {
        "date": "2024-03-22",
        "close": 37.564999,
        "volume": 709,
        "typical_volume": 481.55,
        "trend": 35.0435,
        "fair_value": 33.177404,
        "relative_strength": -1.700156,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.660896,
        "energy": 92.463665,
        "activity_lines": [
          37.213,
          36.820546,
          36.301262,
          35.707011
        ]
      },
      {
        "date": "2024-03-29",
        "close": 37.904999,
        "volume": 826,
        "typical_volume": 497.7,
        "trend": 35.160167,
        "fair_value": 33.222308,
        "relative_strength": -1.521667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.405186,
        "energy": 92.978158,
        "activity_lines": [
          37.491333,
          37.078909,
          36.507714,
          35.891624
        ]
      },
      {
        "date": "2024-04-05",
        "close": 37.419998,
        "volume": 532,
        "typical_volume": 482.45,
        "trend": 35.276833,
        "fair_value": 33.261507,
        "relative_strength": -1.062658,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.702211,
        "energy": 67.102074,
        "activity_lines": [
          37.534666,
          37.199545,
          36.644571,
          36.037419
        ]
      },
      {
        "date": "2024-04-12",
        "close": 37.240002,
        "volume": 413,
        "typical_volume": 474.6,
        "trend": 35.36,
        "fair_value": 33.2975,
        "relative_strength": -0.951663,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.232339,
        "energy": 64.37843,
        "activity_lines": [
          37.466667,
          37.265273,
          36.747905,
          36.164075
        ]
      },
      {
        "date": "2024-04-19",
        "close": 37.0,
        "volume": 21,
        "typical_volume": 464.9,
        "trend": 35.451667,
        "fair_value": 33.334295,
        "relative_strength": -1.754142,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.402703,
        "energy": 54.841462,
        "activity_lines": [
          37.306333,
          37.266818,
          36.813524,
          36.269882
        ]
      },
      {
        "date": "2024-04-26",
        "close": 38.115002,
        "volume": 0,
        "typical_volume": 441.5,
        "trend": 35.588167,
        "fair_value": 33.37734,
        "relative_strength": 0.332162,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.788891,
        "energy": 59.108726,
        "activity_lines": [
          37.536001,
          37.44791,
          36.974429,
          36.44171
        ]
      },
      {
        "date": "2024-05-03",
        "close": 37.555,
        "volume": 8023,
        "typical_volume": 838.15,
        "trend": 35.717833,
        "fair_value": 33.414199,
        "relative_strength": 0.433022,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.209317,
        "energy": 47.213092,
        "activity_lines": [
          37.542334,
          37.493728,
          37.068691,
          36.568602
        ]
      },
      {
        "date": "2024-05-10",
        "close": 38.715,
        "volume": 224,
        "typical_volume": 845.2,
        "trend": 35.886,
        "fair_value": 33.458814,
        "relative_strength": 0.205873,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.264629,
        "energy": 61.539303,
        "activity_lines": [
          37.958667,
          37.736818,
          37.263738,
          36.761968
        ]
      },
      {
        "date": "2024-05-17",
        "close": 39.099998,
        "volume": 405,
        "typical_volume": 840.25,
        "trend": 36.106667,
        "fair_value": 33.504776,
        "relative_strength": 1.776863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.204868,
        "energy": 81.258994,
        "activity_lines": [
          38.417,
          38.012364,
          37.481786,
          36.969323
        ]
      },
      {
        "date": "2024-05-24",
        "close": 38.990002,
        "volume": 44,
        "typical_volume": 781.35,
        "trend": 36.336167,
        "fair_value": 33.54875,
        "relative_strength": 2.331672,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.611232,
        "energy": 85.460584,
        "activity_lines": [
          38.714667,
          38.230728,
          37.673024,
          37.155344
        ]
      },
      {
        "date": "2024-05-31",
        "close": 38.974998,
        "volume": 34,
        "typical_volume": 783.05,
        "trend": 36.525333,
        "fair_value": 33.589423,
        "relative_strength": 3.536506,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.835706,
        "energy": 84.986741,
        "activity_lines": [
          38.874666,
          38.415182,
          37.848167,
          37.325591
        ]
      },
      {
        "date": "2024-06-07",
        "close": 39.064999,
        "volume": 1184,
        "typical_volume": 836.5,
        "trend": 36.727833,
        "fair_value": 33.630481,
        "relative_strength": 3.603496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.005841,
        "energy": 79.778461,
        "activity_lines": [
          39.007333,
          38.590363,
          38.016952,
          37.489441
        ]
      },
      {
        "date": "2024-06-14",
        "close": 37.794998,
        "volume": 54,
        "typical_volume": 822.0,
        "trend": 36.855,
        "fair_value": 33.66609,
        "relative_strength": 6.752898,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.485753,
        "energy": 50.377362,
        "activity_lines": [
          38.615999,
          38.513545,
          38.046285,
          37.55829
        ]
      },
      {
        "date": "2024-06-21",
        "close": 38.639999,
        "volume": 693,
        "typical_volume": 855.6,
        "trend": 37.005667,
        "fair_value": 33.704071,
        "relative_strength": 7.194897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.890008,
        "energy": 39.380888,
        "activity_lines": [
          38.567665,
          38.583545,
          38.1485,
          37.673451
        ]
      },
      {
        "date": "2024-06-28",
        "close": 38.220001,
        "volume": 701,
        "typical_volume": 855.6,
        "trend": 37.122667,
        "fair_value": 33.739712,
        "relative_strength": 7.944072,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.056153,
        "energy": 28.878309,
        "activity_lines": [
          38.409999,
          38.551727,
          38.198666,
          37.751796
        ]
      },
      {
        "date": "2024-07-05",
        "close": 38.485001,
        "volume": 1047,
        "typical_volume": 844.45,
        "trend": 37.228167,
        "fair_value": 33.776699,
        "relative_strength": 5.789195,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.225012,
        "energy": 22.521293,
        "activity_lines": [
          38.392,
          38.545909,
          38.26219,
          37.839688
        ]
      },
      {
        "date": "2024-07-12",
        "close": 39.154999,
        "volume": 175,
        "typical_volume": 846.0,
        "trend": 37.349333,
        "fair_value": 33.819071,
        "relative_strength": 6.787115,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.379477,
        "energy": 37.620095,
        "activity_lines": [
          38.63,
          38.655181,
          38.379,
          37.964
        ]
      },
      {
        "date": "2024-07-19",
        "close": 38.43,
        "volume": 1565,
        "typical_volume": 885.75,
        "trend": 37.4355,
        "fair_value": 33.854776,
        "relative_strength": 7.278096,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.371428,
        "energy": 31.747719,
        "activity_lines": [
          38.620333,
          38.603545,
          38.415571,
          38.03372
        ]
      },
      {
        "date": "2024-07-26",
        "close": 38.98,
        "volume": 14443,
        "typical_volume": 1554.65,
        "trend": 37.545833,
        "fair_value": 33.893686,
        "relative_strength": 8.86069,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.720915,
        "energy": 40.627248,
        "activity_lines": [
          38.751667,
          38.657091,
          38.496047,
          38.133365
        ]
      },
      {
        "date": "2024-08-02",
        "close": 37.625,
        "volume": 14276,
        "typical_volume": 2268.45,
        "trend": 37.603,
        "fair_value": 33.920096,
        "relative_strength": 8.708971,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 19.006757,
        "energy": 14.347583,
        "activity_lines": [
          38.408667,
          38.466454,
          38.438309,
          38.138473
        ]
      },
      {
        "date": "2024-08-09",
        "close": 37.57,
        "volume": 12328,
        "typical_volume": 2849.4,
        "trend": 37.660667,
        "fair_value": 33.942981,
        "relative_strength": 8.067926,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -1.795269,
        "energy": 10.994517,
        "activity_lines": [
          38.087,
          38.290636,
          38.373666,
          38.136344
        ]
      },
      {
        "date": "2024-08-16",
        "close": 38.025002,
        "volume": 2232,
        "typical_volume": 2919.7,
        "trend": 37.7555,
        "fair_value": 33.972276,
        "relative_strength": 6.557807,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.100372,
        "energy": 16.831091,
        "activity_lines": [
          37.978001,
          38.223091,
          38.352333,
          38.159849
        ]
      },
      {
        "date": "2024-08-23",
        "close": 38.825001,
        "volume": 2184,
        "typical_volume": 3002.3,
        "trend": 37.843,
        "fair_value": 34.004872,
        "relative_strength": 6.783797,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 24.822696,
        "energy": 18.576028,
        "activity_lines": [
          38.211001,
          38.31991,
          38.406619,
          38.22885
        ]
      },
      {
        "date": "2024-08-30",
        "close": 39.525002,
        "volume": 2742,
        "typical_volume": 3118.75,
        "trend": 37.956833,
        "fair_value": 34.043814,
        "relative_strength": 7.740528,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 64.281474,
        "energy": 31.196985,
        "activity_lines": [
          38.651001,
          38.525274,
          38.520881,
          38.337366
        ]
      },
      {
        "date": "2024-09-06",
        "close": 39.165001,
        "volume": 2648,
        "typical_volume": 3250.1,
        "trend": 38.0715,
        "fair_value": 34.082885,
        "relative_strength": 10.52138,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 56.266308,
        "energy": 48.479921,
        "activity_lines": [
          38.934668,
          38.649092,
          38.589977,
          38.415312
        ]
      },
      {
        "date": "2024-09-13",
        "close": 38.91,
        "volume": 2598,
        "typical_volume": 3380.0,
        "trend": 38.159334,
        "fair_value": 34.121603,
        "relative_strength": 7.923696,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.37817,
        "energy": 50.234889,
        "activity_lines": [
          39.030668,
          38.709364,
          38.624477,
          38.469409
        ]
      },
      {
        "date": "2024-09-20",
        "close": 39.605,
        "volume": 3160,
        "typical_volume": 3136.85,
        "trend": 38.252667,
        "fair_value": 34.164776,
        "relative_strength": 9.115528,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.556457,
        "energy": 67.56668,
        "activity_lines": [
          39.269001,
          38.888273,
          38.721381,
          38.562678
        ]
      },
      {
        "date": "2024-09-27",
        "close": 40.305,
        "volume": 2676,
        "typical_volume": 3259.45,
        "trend": 38.3745,
        "fair_value": 34.214487,
        "relative_strength": 6.717728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.807873,
        "energy": 73.554688,
        "activity_lines": [
          39.635334,
          39.186273,
          38.875191,
          38.695086
        ]
      },
      {
        "date": "2024-10-04",
        "close": 39.580002,
        "volume": 2855,
        "typical_volume": 3381.95,
        "trend": 38.458667,
        "fair_value": 34.257276,
        "relative_strength": 8.072358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.794649,
        "energy": 62.15772,
        "activity_lines": [
          39.661334,
          39.318364,
          38.952381,
          38.772861
        ]
      },
      {
        "date": "2024-10-11",
        "close": 39.474998,
        "volume": 759,
        "typical_volume": 3417.7,
        "trend": 38.532,
        "fair_value": 34.295449,
        "relative_strength": 7.095712,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.308601,
        "energy": 56.855258,
        "activity_lines": [
          39.648667,
          39.420455,
          39.017286,
          38.83843
        ]
      },
      {
        "date": "2024-10-18",
        "close": 39.474998,
        "volume": 0,
        "typical_volume": 3416.0,
        "trend": 38.595667,
        "fair_value": 34.332917,
        "relative_strength": 6.424358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.718357,
        "energy": 42.429232,
        "activity_lines": [
          39.615333,
          39.488909,
          39.079881,
          38.899269
        ]
      },
      {
        "date": "2024-10-25",
        "close": 38.915001,
        "volume": 1071,
        "typical_volume": 3410.35,
        "trend": 38.629333,
        "fair_value": 34.365096,
        "relative_strength": 6.335444,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 37.935434,
        "energy": 22.764005,
        "activity_lines": [
          39.357666,
          39.420909,
          39.086762,
          38.919871
        ]
      },
      {
        "date": "2024-11-01",
        "close": 38.66,
        "volume": 7678,
        "typical_volume": 3791.55,
        "trend": 38.670667,
        "fair_value": 34.392789,
        "relative_strength": 6.692328,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 19.699803,
        "energy": 15.113318,
        "activity_lines": [
          39.061,
          39.290364,
          39.070072,
          38.92185
        ]
      },
      {
        "date": "2024-11-08",
        "close": 38.205002,
        "volume": 632,
        "typical_volume": 3788.5,
        "trend": 38.702833,
        "fair_value": 34.416058,
        "relative_strength": 6.230099,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 0.853114,
        "energy": 16.200948,
        "activity_lines": [
          38.722334,
          39.080091,
          39.005929,
          38.891807
        ]
      },
      {
        "date": "2024-11-15",
        "close": 38.275002,
        "volume": 1722,
        "typical_volume": 3839.55,
        "trend": 38.745334,
        "fair_value": 34.44,
        "relative_strength": 7.196639,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -24.307946,
        "energy": 29.234236,
        "activity_lines": [
          38.498668,
          38.906546,
          38.950524,
          38.864205
        ]
      },
      {
        "date": "2024-11-22",
        "close": 38.095001,
        "volume": 358,
        "typical_volume": 3805.1,
        "trend": 38.744667,
        "fair_value": 34.471026,
        "relative_strength": 6.668508,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -28.947754,
        "energy": 40.335679,
        "activity_lines": [
          38.295001,
          38.716455,
          38.877715,
          38.822248
        ]
      },
      {
        "date": "2024-11-29",
        "close": 39.014999,
        "volume": 7981,
        "typical_volume": 4195.4,
        "trend": 38.793333,
        "fair_value": 34.507532,
        "relative_strength": 9.260108,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.880145,
        "energy": 25.051879,
        "activity_lines": [
          38.490001,
          38.708455,
          38.894381,
          38.839689
        ]
      },
      {
        "date": "2024-12-06",
        "close": 39.119999,
        "volume": 8499,
        "typical_volume": 4542.1,
        "trend": 38.806833,
        "fair_value": 34.539648,
        "relative_strength": 6.486922,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -2.594157,
        "energy": 8.395656,
        "activity_lines": [
          38.713333,
          38.730273,
          38.921715,
          38.860764
        ]
      },
      {
        "date": "2024-12-13",
        "close": 39.259998,
        "volume": 153,
        "typical_volume": 3827.6,
        "trend": 38.812167,
        "fair_value": 34.573814,
        "relative_strength": 6.858863,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 19.230525,
        "energy": 12.531402,
        "activity_lines": [
          38.952666,
          38.799091,
          38.959095,
          38.89
        ]
      },
      {
        "date": "2024-12-20",
        "close": 38.93,
        "volume": 11035,
        "typical_volume": 3665.55,
        "trend": 38.810167,
        "fair_value": 34.601635,
        "relative_strength": 7.671282,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 32.327038,
        "energy": 22.801006,
        "activity_lines": [
          39.011666,
          38.813727,
          38.963714,
          38.897602
        ]
      },
      {
        "date": "2024-12-27",
        "close": 39.110001,
        "volume": 1,
        "typical_volume": 3049.2,
        "trend": 38.814667,
        "fair_value": 34.628526,
        "relative_strength": 6.736532,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.065265,
        "energy": 25.015436,
        "activity_lines": [
          39.087,
          38.871,
          38.979262,
          38.916946
        ]
      },
      {
        "date": "2025-01-03",
        "close": 39.549999,
        "volume": 1,
        "typical_volume": 2937.65,
        "trend": 38.830833,
        "fair_value": 34.655064,
        "relative_strength": 8.773053,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 52.322342,
        "energy": 36.808454,
        "activity_lines": [
          39.241333,
          39.014909,
          39.029381,
          38.964387
        ]
      },
      {
        "date": "2025-01-10",
        "close": 39.615002,
        "volume": 4,
        "typical_volume": 2828.65,
        "trend": 38.8915,
        "fair_value": 34.682885,
        "relative_strength": 6.552352,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 61.341675,
        "energy": 48.620298,
        "activity_lines": [
          39.381667,
          39.159091,
          39.078429,
          39.014979
        ]
      },
      {
        "date": "2025-01-17",
        "close": 39.040001,
        "volume": 8,
        "typical_volume": 2691.95,
        "trend": 38.904834,
        "fair_value": 34.710801,
        "relative_strength": 1.096557,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 50.134922,
        "energy": 34.427894,
        "activity_lines": [
          39.297334,
          39.181364,
          39.068953,
          39.024559
        ]
      },
      {
        "date": "2025-01-24",
        "close": 40.564999,
        "volume": 54,
        "typical_volume": 2562.25,
        "trend": 38.983,
        "fair_value": 34.748718,
        "relative_strength": 2.01183,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 77.339443,
        "energy": 63.162909,
        "activity_lines": [
          39.736,
          39.465727,
          39.207024,
          39.131667
        ]
      },
      {
        "date": "2025-01-31",
        "close": 40.860001,
        "volume": 55,
        "typical_volume": 2435.1,
        "trend": 39.062167,
        "fair_value": 34.788077,
        "relative_strength": 2.311873,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.30257,
        "energy": 77.165684,
        "activity_lines": [
          40.164,
          39.762091,
          39.366524,
          39.252764
        ]
      },
      {
        "date": "2025-02-07",
        "close": 40.860001,
        "volume": 0,
        "typical_volume": 2277.1,
        "trend": 39.119,
        "fair_value": 34.825865,
        "relative_strength": 1.841787,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.107801,
        "energy": 83.756336,
        "activity_lines": [
          40.475334,
          40.008182,
          39.516738,
          39.368753
        ]
      },
      {
        "date": "2025-02-14",
        "close": 42.650002,
        "volume": 2440,
        "typical_volume": 2265.3,
        "trend": 39.259667,
        "fair_value": 34.879263,
        "relative_strength": 3.416636,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 94.783794,
        "energy": 97.116272,
        "activity_lines": [
          41.296001,
          40.546183,
          39.831453,
          39.59656
        ]
      },
      {
        "date": "2025-02-21",
        "close": 42.650002,
        "volume": 0,
        "typical_volume": 2122.55,
        "trend": 39.382,
        "fair_value": 34.936667,
        "relative_strength": 3.480514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.217218,
        "energy": 95.764811,
        "activity_lines": [
          41.914335,
          41.020001,
          40.135001,
          39.815291
        ]
      },
      {
        "date": "2025-02-28",
        "close": 42.650002,
        "volume": 0,
        "typical_volume": 2084.6,
        "trend": 39.549501,
        "fair_value": 35.010833,
        "relative_strength": 3.775378,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.588596,
        "energy": 93.666872,
        "activity_lines": [
          42.292002,
          41.432183,
          40.423929,
          40.02613
        ]
      },
      {
        "date": "2025-03-07",
        "close": 42.705002,
        "volume": 5963,
        "typical_volume": 2382.75,
        "trend": 39.720667,
        "fair_value": 35.082212,
        "relative_strength": 3.539174,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.601316,
        "energy": 91.241261,
        "activity_lines": [
          42.549002,
          41.786729,
          40.702977,
          40.22971
        ]
      },
      {
        "date": "2025-03-14",
        "close": 41.865002,
        "volume": 741,
        "typical_volume": 2366.25,
        "trend": 39.848667,
        "fair_value": 35.137692,
        "relative_strength": 2.420593,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.021809,
        "energy": 85.139977,
        "activity_lines": [
          42.403002,
          41.923183,
          40.886644,
          40.368055
        ]
      },
      {
        "date": "2025-03-21",
        "close": 42.580002,
        "volume": 16,
        "typical_volume": 1983.15,
        "trend": 39.973834,
        "fair_value": 35.202885,
        "relative_strength": 3.71109,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.558698,
        "energy": 67.858823,
        "activity_lines": [
          42.428335,
          42.147547,
          41.124358,
          40.54427
        ]
      },
      {
        "date": "2025-03-28",
        "close": 43.084999,
        "volume": 5867,
        "typical_volume": 2244.9,
        "trend": 40.092501,
        "fair_value": 35.263301,
        "relative_strength": 6.293244,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.445765,
        "energy": 70.054498,
        "activity_lines": [
          42.626668,
          42.409819,
          41.391501,
          40.74499
        ]
      },
      {
        "date": "2025-04-04",
        "close": 41.884998,
        "volume": 3503,
        "typical_volume": 2333.95,
        "trend": 40.183167,
        "fair_value": 35.317628,
        "relative_strength": 11.970231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.642506,
        "energy": 56.19506,
        "activity_lines": [
          42.396,
          42.380364,
          41.52112,
          40.860635
        ]
      },
      {
        "date": "2025-04-11",
        "close": 37.134998,
        "volume": 205,
        "typical_volume": 2326.3,
        "trend": 40.124,
        "fair_value": 35.342853,
        "relative_strength": 1.430317,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -3.098573,
        "energy": 18.657139,
        "activity_lines": [
          40.632999,
          41.463273,
          41.181167,
          40.663979
        ]
      },
      {
        "date": "2025-04-18",
        "close": 40.505001,
        "volume": 316,
        "typical_volume": 1943.05,
        "trend": 40.154,
        "fair_value": 35.390545,
        "relative_strength": 7.505676,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 19.620813,
        "energy": 27.058491,
        "activity_lines": [
          40.364666,
          41.226637,
          41.166739,
          40.68856
        ]
      },
      {
        "date": "2025-04-25",
        "close": 41.814999,
        "volume": 7,
        "typical_volume": 1518.45,
        "trend": 40.204334,
        "fair_value": 35.448173,
        "relative_strength": 6.962496,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 21.395585,
        "energy": 28.192325,
        "activity_lines": [
          40.623666,
          41.234636,
          41.269977,
          40.795721
        ]
      },
      {
        "date": "2025-05-02",
        "close": 42.889999,
        "volume": 59,
        "typical_volume": 1513.75,
        "trend": 40.314667,
        "fair_value": 35.520128,
        "relative_strength": 6.090633,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 38.583556,
        "energy": 27.21373,
        "activity_lines": [
          41.291999,
          41.453272,
          41.462762,
          40.96899
        ]
      },
      {
        "date": "2025-05-09",
        "close": 43.424999,
        "volume": 6,
        "typical_volume": 962.3,
        "trend": 40.446334,
        "fair_value": 35.593365,
        "relative_strength": 7.428411,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 70.24499,
        "energy": 44.359132,
        "activity_lines": [
          42.151666,
          41.764818,
          41.689214,
          41.169656
        ]
      },
      {
        "date": "2025-05-16",
        "close": 43.68,
        "volume": 2,
        "typical_volume": 962.35,
        "trend": 40.5865,
        "fair_value": 35.667372,
        "relative_strength": 5.807954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.095555,
        "energy": 73.910175,
        "activity_lines": [
          42.993666,
          42.108636,
          41.918548,
          41.37828
        ]
      },
      {
        "date": "2025-05-23",
        "close": 44.599998,
        "volume": 2368,
        "typical_volume": 1080.7,
        "trend": 40.776,
        "fair_value": 35.742148,
        "relative_strength": 9.780634,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.241572,
        "energy": 81.036943,
        "activity_lines": [
          43.705999,
          42.601999,
          42.213738,
          41.637215
        ]
      },
      {
        "date": "2025-05-30",
        "close": 44.805,
        "volume": 1512,
        "typical_volume": 1156.1,
        "trend": 40.980834,
        "fair_value": 35.822083,
        "relative_strength": 9.673559,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.354269,
        "energy": 81.188061,
        "activity_lines": [
          44.213666,
          43.082908,
          42.504405,
          41.897151
        ]
      },
      {
        "date": "2025-06-06",
        "close": 44.325001,
        "volume": 20,
        "typical_volume": 1156.7,
        "trend": 41.184834,
        "fair_value": 35.906731,
        "relative_strength": 7.449581,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.572236,
        "energy": 75.26074,
        "activity_lines": [
          44.362,
          43.43609,
          42.724643,
          42.112903
        ]
      },
      {
        "date": "2025-06-13",
        "close": 43.884998,
        "volume": 1199,
        "typical_volume": 1213.95,
        "trend": 41.371833,
        "fair_value": 35.99593,
        "relative_strength": 7.782656,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.049387,
        "energy": 55.846128,
        "activity_lines": [
          44.267999,
          43.686727,
          42.877809,
          42.287107
        ]
      },
      {
        "date": "2025-06-20",
        "close": 43.555,
        "volume": 7119,
        "typical_volume": 1567.15,
        "trend": 41.553833,
        "fair_value": 36.082532,
        "relative_strength": 8.047282,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.08446,
        "energy": 44.43942,
        "activity_lines": [
          44.033333,
          43.840999,
          42.983738,
          42.427957
        ]
      },
      {
        "date": "2025-06-27",
        "close": 43.314999,
        "volume": 54,
        "typical_volume": 1569.85,
        "trend": 41.697167,
        "fair_value": 36.169039,
        "relative_strength": 5.828684,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 42.839447,
        "energy": 29.876997,
        "activity_lines": [
          43.726999,
          43.834908,
          43.053976,
          42.541581
        ]
      },
      {
        "date": "2025-07-04",
        "close": 43.575001,
        "volume": 435,
        "typical_volume": 1469.6,
        "trend": 41.845667,
        "fair_value": 36.253718,
        "relative_strength": 6.150087,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.550522,
        "energy": 23.73852,
        "activity_lines": [
          43.593,
          43.825,
          43.137285,
          42.662731
        ]
      },
      {
        "date": "2025-07-11",
        "close": 44.195,
        "volume": 3,
        "typical_volume": 1469.75,
        "trend": 42.010167,
        "fair_value": 36.344359,
        "relative_strength": 5.612026,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.456334,
        "energy": 28.677966,
        "activity_lines": [
          43.747667,
          43.895818,
          43.275238,
          42.814301
        ]
      },
      {
        "date": "2025-07-18",
        "close": 43.935001,
        "volume": 8550,
        "typical_volume": 1897.25,
        "trend": 42.177,
        "fair_value": 36.42859,
        "relative_strength": 4.884895,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.388533,
        "energy": 31.096557,
        "activity_lines": [
          43.824334,
          43.895636,
          43.381071,
          42.938484
        ]
      },
      {
        "date": "2025-07-25",
        "close": 43.935001,
        "volume": 0,
        "typical_volume": 1599.1,
        "trend": 42.337834,
        "fair_value": 36.507756,
        "relative_strength": 4.566703,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 56.76945,
        "energy": 46.979043,
        "activity_lines": [
          43.897667,
          43.886182,
          43.480786,
          43.051903
        ]
      },
      {
        "date": "2025-08-01",
        "close": 44.224998,
        "volume": 88,
        "typical_volume": 1566.45,
        "trend": 42.493667,
        "fair_value": 36.588045,
        "relative_strength": 9.017114,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.152581,
        "energy": 57.718519,
        "activity_lines": [
          44.042333,
          43.924818,
          43.602262,
          43.173656
        ]
      },
      {
        "date": "2025-08-08",
        "close": 44.005001,
        "volume": 5,
        "typical_volume": 1565.9,
        "trend": 42.64,
        "fair_value": 36.664071,
        "relative_strength": 5.52273,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.006356,
        "energy": 46.356645,
        "activity_lines": [
          44.053,
          43.930273,
          43.691547,
          43.271161
        ]
      },
      {
        "date": "2025-08-15",
        "close": 44.509998,
        "volume": 343,
        "typical_volume": 1289.7,
        "trend": 42.822333,
        "fair_value": 36.746186,
        "relative_strength": 4.112117,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.777099,
        "energy": 48.676068,
        "activity_lines": [
          44.203333,
          44.042091,
          43.822143,
          43.391806
        ]
      },
      {
        "date": "2025-08-22",
        "close": 45.77,
        "volume": 686,
        "typical_volume": 1148.85,
        "trend": 42.995833,
        "fair_value": 36.841667,
        "relative_strength": 6.203901,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.110896,
        "energy": 82.857239,
        "activity_lines": [
          44.752666,
          44.379636,
          44.065952,
          43.581978
        ]
      },
      {
        "date": "2025-08-29",
        "close": 44.939999,
        "volume": 52,
        "typical_volume": 1141.2,
        "trend": 43.131833,
        "fair_value": 36.934487,
        "relative_strength": 7.625389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.096052,
        "energy": 75.503318,
        "activity_lines": [
          44.902999,
          44.532,
          44.212214,
          43.707408
        ]
      },
      {
        "date": "2025-09-05",
        "close": 44.09,
        "volume": 4,
        "typical_volume": 1125.6,
        "trend": 43.2395,
        "fair_value": 37.019904,
        "relative_strength": 5.833472,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.490158,
        "energy": 61.43456,
        "activity_lines": [
          44.703,
          44.504636,
          44.240357,
          43.769226
        ]
      },
      {
        "date": "2025-09-12",
        "close": 44.744999,
        "volume": 983,
        "typical_volume": 1174.4,
        "trend": 43.309333,
        "fair_value": 37.11391,
        "relative_strength": 5.152118,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.100851,
        "energy": 54.598133,
        "activity_lines": [
          44.730333,
          44.582272,
          44.313809,
          43.866354
        ]
      },
      {
        "date": "2025-09-19",
        "close": 44.16,
        "volume": 13,
        "typical_volume": 1172.1,
        "trend": 43.359667,
        "fair_value": 37.213077,
        "relative_strength": 3.277675,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.761981,
        "energy": 28.382618,
        "activity_lines": [
          44.513333,
          44.532272,
          44.317595,
          43.921236
        ]
      },
      {
        "date": "2025-09-26",
        "close": 43.924999,
        "volume": 3,
        "typical_volume": 1171.95,
        "trend": 43.402166,
        "fair_value": 37.31375,
        "relative_strength": 2.35747,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.787755,
        "energy": 22.653108,
        "activity_lines": [
          44.241333,
          44.440181,
          44.292952,
          43.957709
        ]
      },
      {
        "date": "2025-10-03",
        "close": 44.695,
        "volume": 9,
        "typical_volume": 1172.3,
        "trend": 43.4685,
        "fair_value": 37.418109,
        "relative_strength": 1.333475,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.497243,
        "energy": 20.61666,
        "activity_lines": [
          44.349,
          44.488272,
          44.339262,
          44.041118
        ]
      },
      {
        "date": "2025-10-10",
        "close": 44.715,
        "volume": 3765,
        "typical_volume": 1242.15,
        "trend": 43.5635,
        "fair_value": 37.519904,
        "relative_strength": 3.313263,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.692554,
        "energy": 20.426295,
        "activity_lines": [
          44.479666,
          44.526181,
          44.382643,
          44.121537
        ]
      },
      {
        "date": "2025-10-17",
        "close": 44.744999,
        "volume": 3,
        "typical_volume": 1166.7,
        "trend": 43.635666,
        "fair_value": 37.619551,
        "relative_strength": 0.040673,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.867657,
        "energy": 29.526693,
        "activity_lines": [
          44.578666,
          44.560636,
          44.428333,
          44.197763
        ]
      },
      {
        "date": "2025-10-24",
        "close": 45.823101,
        "volume": 30,
        "typical_volume": 1167.2,
        "trend": 43.726936,
        "fair_value": 37.718129,
        "relative_strength": 1.674592,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 77.12389,
        "energy": 57.900556,
        "activity_lines": [
          45.037033,
          44.777654,
          44.576985,
          44.338888
        ]
      },
      {
        "date": "2025-10-31",
        "close": 45.535,
        "volume": 8547,
        "typical_volume": 1534.6,
        "trend": 43.848603,
        "fair_value": 37.81393,
        "relative_strength": 2.196608,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.867863,
        "energy": 69.117829,
        "activity_lines": [
          45.288493,
          44.918416,
          44.691066,
          44.455537
        ]
      },
      {
        "date": "2025-11-07",
        "close": 45.424999,
        "volume": 14,
        "typical_volume": 1179.35,
        "trend": 44.124936,
        "fair_value": 37.901815,
        "relative_strength": 3.956141,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.844101,
        "energy": 66.100884,
        "activity_lines": [
          45.395953,
          45.043451,
          44.786813,
          44.55724
        ]
      },
      {
        "date": "2025-11-14",
        "close": 45.955002,
        "volume": 13,
        "typical_volume": 1177.3,
        "trend": 44.306603,
        "fair_value": 37.993225,
        "relative_strength": 2.209642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.059414,
        "energy": 73.989493,
        "activity_lines": [
          45.631414,
          45.256031,
          44.924132,
          44.675309
        ]
      },
      {
        "date": "2025-11-21",
        "close": 44.419998,
        "volume": 210,
        "typical_volume": 1166.05,
        "trend": 44.393436,
        "fair_value": 38.071494,
        "relative_strength": 1.004686,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.321343,
        "energy": 34.634764,
        "activity_lines": [
          45.27254,
          45.155611,
          44.902688,
          44.682625
        ]
      },
      {
        "date": "2025-11-28",
        "close": 44.419998,
        "volume": 0,
        "typical_volume": 1165.9,
        "trend": 44.444436,
        "fair_value": 38.150565,
        "relative_strength": -0.763323,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.226321,
        "energy": 16.36349,
        "activity_lines": [
          44.935332,
          45.061099,
          44.877221,
          44.684338
        ]
      },
      {
        "date": "2025-12-05",
        "close": 45.695,
        "volume": 167,
        "typical_volume": 746.75,
        "trend": 44.520103,
        "fair_value": 38.240244,
        "relative_strength": 2.05581,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.297898,
        "energy": 26.063739,
        "activity_lines": [
          45.116666,
          45.19368,
          44.972111,
          44.76502
        ]
      },
      {
        "date": "2025-12-12",
        "close": 45.695,
        "volume": 0,
        "typical_volume": 746.75,
        "trend": 44.58727,
        "fair_value": 38.331943,
        "relative_strength": 2.508845,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.808655,
        "energy": 23.687409,
        "activity_lines": [
          45.287333,
          45.294078,
          45.05862,
          44.84082
        ]
      },
      {
        "date": "2025-12-19",
        "close": 46.23,
        "volume": 626,
        "typical_volume": 773.65,
        "trend": 44.641603,
        "fair_value": 38.429475,
        "relative_strength": 2.541918,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 71.780211,
        "energy": 52.237737,
        "activity_lines": [
          45.618333,
          45.473567,
          45.187701,
          44.946802
        ]
      },
      {
        "date": "2025-12-26",
        "close": 46.764999,
        "volume": 1,
        "typical_volume": 773.45,
        "trend": 44.706936,
        "fair_value": 38.52909,
        "relative_strength": 4.176103,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.23023,
        "energy": 76.86765,
        "activity_lines": [
          46.109333,
          45.722783,
          45.358186,
          45.083796
        ]
      },
      {
        "date": "2026-01-02",
        "close": 46.775002,
        "volume": 277,
        "typical_volume": 770.15,
        "trend": 44.788603,
        "fair_value": 38.621975,
        "relative_strength": 2.934525,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.016349,
        "energy": 80.954781,
        "activity_lines": [
          46.447334,
          45.937091,
          45.516481,
          45.217219
        ]
      },
      {
        "date": "2026-01-09",
        "close": 47.380001,
        "volume": 2814,
        "typical_volume": 876.55,
        "trend": 44.905103,
        "fair_value": 38.714155,
        "relative_strength": 2.066503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.188419,
        "energy": 87.610043,
        "activity_lines": [
          46.830001,
          46.244091,
          45.721609,
          45.384406
        ]
      },
      {
        "date": "2026-01-16",
        "close": 47.57,
        "volume": 1,
        "typical_volume": 874.0,
        "trend": 45.038936,
        "fair_value": 38.80784,
        "relative_strength": 3.506069,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.447992,
        "energy": 89.263159,
        "activity_lines": [
          47.163667,
          46.552091,
          45.937166,
          45.556335
        ]
      },
      {
        "date": "2026-01-23",
        "close": 47.07,
        "volume": 3,
        "typical_volume": 873.95,
        "trend": 45.164103,
        "fair_value": 38.897969,
        "relative_strength": 3.638107,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.79897,
        "energy": 82.828315,
        "activity_lines": [
          47.205667,
          46.730182,
          46.09258,
          45.687371
        ]
      },
      {
        "date": "2026-01-30",
        "close": 47.459999,
        "volume": 128,
        "typical_volume": 831.2,
        "trend": 45.293603,
        "fair_value": 38.985116,
        "relative_strength": 4.456893,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.731562,
        "energy": 75.705326,
        "activity_lines": [
          47.321667,
          46.958909,
          46.270946,
          45.835494
        ]
      },
      {
        "date": "2026-02-06",
        "close": 48.275002,
        "volume": 567,
        "typical_volume": 858.9,
        "trend": 45.429603,
        "fair_value": 39.078642,
        "relative_strength": 4.104756,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.400922,
        "energy": 79.233587,
        "activity_lines": [
          47.663,
          47.280546,
          46.514002,
          46.027842
        ]
      },
      {
        "date": "2026-02-13",
        "close": 48.34,
        "volume": 1089,
        "typical_volume": 913.2,
        "trend": 45.576436,
        "fair_value": 39.169892,
        "relative_strength": 3.55603,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.563125,
        "energy": 79.03308,
        "activity_lines": [
          47.926,
          47.543909,
          46.743654,
          46.215609
        ]
      },
      {
        "date": "2026-02-20",
        "close": 49.0,
        "volume": 140,
        "typical_volume": 919.75,
        "trend": 45.74527,
        "fair_value": 39.265565,
        "relative_strength": 2.274793,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.677457,
        "energy": 92.901539,
        "activity_lines": [
          48.345,
          47.879182,
          47.01514,
          46.436485
        ]
      },
      {
        "date": "2026-02-27",
        "close": 49.715,
        "volume": 60,
        "typical_volume": 734.5,
        "trend": 45.92827,
        "fair_value": 39.367231,
        "relative_strength": 2.789699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.240071,
        "energy": 94.781411,
        "activity_lines": [
          48.907,
          48.284364,
          47.33422,
          46.692596
        ]
      },
      {
        "date": "2026-03-06",
        "close": 47.244999,
        "volume": 469,
        "typical_volume": 757.8,
        "trend": 46.03627,
        "fair_value": 39.451398,
        "relative_strength": 4.626622,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.239358,
        "energy": 62.4925,
        "activity_lines": [
          48.469333,
          48.177091,
          47.394253,
          46.777546
        ]
      },
      {
        "date": "2026-03-13",
        "close": 47.400002,
        "volume": 780,
        "typical_volume": 795.3,
        "trend": 46.132603,
        "fair_value": 39.54486,
        "relative_strength": 5.777698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.482675,
        "energy": 47.643592,
        "activity_lines": [
          48.097667,
          48.089273,
          47.457143,
          46.865529
        ]
      },
      {
        "date": "2026-03-20",
        "close": 47.474998,
        "volume": 693,
        "typical_volume": 402.6,
        "trend": 46.189437,
        "fair_value": 39.642616,
        "relative_strength": 9.010932,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.941443,
        "energy": 30.870206,
        "activity_lines": [
          47.809333,
          48.003727,
          47.519667,
          46.952135
        ]
      },
      {
        "date": "2026-03-27",
        "close": 45.895,
        "volume": 2429,
        "typical_volume": 523.35,
        "trend": 46.22127,
        "fair_value": 39.726943,
        "relative_strength": 4.702954,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.561364,
        "energy": 22.81301,
        "activity_lines": [
          47.052,
          47.629182,
          47.422476,
          46.933139
        ]
      },
      {
        "date": "2026-04-03",
        "close": 47.575001,
        "volume": 21,
        "typical_volume": 523.75,
        "trend": 46.337437,
        "fair_value": 39.816687,
        "relative_strength": 4.908458,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.760197,
        "energy": 24.620066,
        "activity_lines": [
          47.061667,
          47.590546,
          47.483048,
          47.020477
        ]
      },
      {
        "date": "2026-04-10",
        "close": 48.945,
        "volume": 2450,
        "typical_volume": 635.75,
        "trend": 46.477437,
        "fair_value": 39.91034,
        "relative_strength": 3.800764,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.841871,
        "energy": 25.01715,
        "activity_lines": [
          47.670667,
          47.791818,
          47.666381,
          47.188707
        ]
      },
      {
        "date": "2026-04-17",
        "close": 49.169998,
        "volume": 1184,
        "typical_volume": 694.95,
        "trend": 46.644437,
        "fair_value": 40.004187,
        "relative_strength": 2.133959,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.613492,
        "energy": 39.252807,
        "activity_lines": [
          48.241333,
          48.007,
          47.849595,
          47.36242
        ]
      },
      {
        "date": "2026-04-24",
        "close": 48.665001,
        "volume": 12620,
        "typical_volume": 1317.6,
        "trend": 46.802437,
        "fair_value": 40.095757,
        "relative_strength": 4.251004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.974363,
        "energy": 55.911583,
        "activity_lines": [
          48.525667,
          48.114091,
          47.962095,
          47.492779
        ]
      },
      {
        "date": "2026-05-01",
        "close": 48.005001,
        "volume": 50,
        "typical_volume": 1320.1,
        "trend": 46.91277,
        "fair_value": 40.184219,
        "relative_strength": 3.244378,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.765994,
        "energy": 55.857636,
        "activity_lines": [
          48.510667,
          48.095273,
          47.997595,
          47.570364
        ]
      },
      {
        "date": "2026-05-08",
        "close": 48.494999,
        "volume": 1431,
        "typical_volume": 1360.35,
        "trend": 47.03877,
        "fair_value": 40.27518,
        "relative_strength": 4.198002,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.55216,
        "energy": 46.674181,
        "activity_lines": [
          48.518333,
          48.183636,
          48.068762,
          47.672443
        ]
      },
      {
        "date": "2026-05-15",
        "close": 48.115002,
        "volume": 25,
        "typical_volume": 1361.55,
        "trend": 47.151103,
        "fair_value": 40.361238,
        "relative_strength": 5.281128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.365624,
        "energy": 27.589977,
        "activity_lines": [
          48.338001,
          48.225091,
          48.092953,
          47.741878
        ]
      },
      {
        "date": "2026-05-22",
        "close": 49.27,
        "volume": 61,
        "typical_volume": 1350.75,
        "trend": 47.266,
        "fair_value": 40.458738,
        "relative_strength": 5.532947,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.802542,
        "energy": 33.987772,
        "activity_lines": [
          48.598001,
          48.460728,
          48.220714,
          47.878581
        ]
      },
      {
        "date": "2026-05-29",
        "close": 49.645,
        "volume": 100,
        "typical_volume": 1215.05,
        "trend": 47.403,
        "fair_value": 40.55659,
        "relative_strength": 5.356912,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.995487,
        "energy": 42.038313,
        "activity_lines": [
          48.976334,
          48.730546,
          48.37231,
          48.032065
        ]
      },
      {
        "date": "2026-06-05",
        "close": 48.889999,
        "volume": 0,
        "typical_volume": 1215.0,
        "trend": 47.5185,
        "fair_value": 40.650404,
        "relative_strength": 3.221015,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.985491,
        "energy": 42.652236,
        "activity_lines": [
          49.037667,
          48.823636,
          48.441214,
          48.128
        ]
      },
      {
        "date": "2026-06-12",
        "close": 49.700001,
        "volume": 9,
        "typical_volume": 1215.3,
        "trend": 47.643333,
        "fair_value": 40.745885,
        "relative_strength": 3.181738,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.107359,
        "energy": 64.820584,
        "activity_lines": [
          49.31,
          49.009546,
          48.580976,
          48.268742
        ]
      },
      {
        "date": "2026-06-19",
        "close": 49.700001,
        "volume": 0,
        "typical_volume": 1208.9,
        "trend": 47.819333,
        "fair_value": 40.847872,
        "relative_strength": 2.265141,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.91283,
        "energy": 65.204214,
        "activity_lines": [
          49.502,
          49.156819,
          48.708214,
          48.40143
        ]
      },
      {
        "date": "2026-06-26",
        "close": 49.830002,
        "volume": 0,
        "typical_volume": 1180.55,
        "trend": 47.999667,
        "fair_value": 40.946526,
        "relative_strength": 2.869427,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.171248,
        "energy": 65.284602,
        "activity_lines": [
          49.631668,
          49.314001,
          48.837167,
          48.531151
        ]
      },
      {
        "date": "2026-07-03",
        "close": 49.919998,
        "volume": 0,
        "typical_volume": 1126.1,
        "trend": 48.1405,
        "fair_value": 41.051174,
        "relative_strength": 1.493495,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.05809,
        "energy": 72.406457,
        "activity_lines": [
          49.754,
          49.475546,
          48.967286,
          48.655043
        ]
      },
      {
        "date": "2026-07-10",
        "close": 50.560001,
        "volume": 73,
        "typical_volume": 1122.75,
        "trend": 48.302667,
        "fair_value": 41.153674,
        "relative_strength": 4.733482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.991316,
        "energy": 79.099827,
        "activity_lines": [
          50.071334,
          49.730637,
          49.150834,
          48.81114
        ]
      },
      {
        "date": "2026-07-17",
        "close": 50.939999,
        "volume": 28,
        "typical_volume": 1121.15,
        "trend": 48.459667,
        "fair_value": 41.256046,
        "relative_strength": 5.350335,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.400593,
        "energy": 84.20163,
        "activity_lines": [
          50.404,
          50.008364,
          49.363143,
          48.98129
        ]
      },
      {
        "date": "2026-07-24",
        "close": 50.939999,
        "volume": 24,
        "typical_volume": 1098.9,
        "trend": 48.598833,
        "fair_value": 41.355469,
        "relative_strength": 4.763595,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.257011,
        "energy": 83.483572,
        "activity_lines": [
          50.653999,
          50.241636,
          49.569619,
          49.141312
        ]
      },
      {
        "date": "2026-07-31",
        "close": 51.799999,
        "volume": 1605,
        "typical_volume": 1140.15,
        "trend": 48.766333,
        "fair_value": 41.467744,
        "relative_strength": 4.734083,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.199109,
        "energy": 92.464861,
        "activity_lines": [
          51.107999,
          50.579909,
          49.840405,
          49.347839
        ]
      },
      {
        "date": "2026-08-07",
        "close": 52.330002,
        "volume": 194,
        "typical_volume": 1115.2,
        "trend": 48.931333,
        "fair_value": 41.583225,
        "relative_strength": 3.203555,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.343197,
        "energy": 94.899836,
        "activity_lines": [
          51.607333,
          50.968546,
          50.140714,
          49.577753
        ]
      }
    ],
    "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."
    }
  }
}