{
  "ticker": {
    "uuid": "504edddb-96a4-49c9-ab52-215041ed302b",
    "symbol": "PAUX",
    "name": "Invesco MSCI USA ESG Climate Paris Aligned UCITS USD Acc",
    "exchange": "LSE",
    "country": "GB",
    "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": "^FTSE",
    "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": 83.663,
    "architecture_energy": 60.133,
    "architecture_maturity": 63.881,
    "architecture_confidence": 68.677,
    "architecture_tenure": "Developing",
    "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": 26.99,
        "rotation_up": 51.55,
        "upward_expansion": 80.66,
        "deceleration": 70.31,
        "rotation_down": 28.33,
        "downward_expansion": 9.66
      },
      "activity_lines": [
        518.213333,
        515.775455,
        508.398332,
        495.540858
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 534.75,
    "trend_reference": 481.054998,
    "distance_from_trend": 0.111619,
    "trend_direction": "Improving",
    "fair_value": 439.586057,
    "distance_from_fair_value": 0.216485,
    "fair_value_direction": "Improving",
    "relative_strength": 2.497869,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.204392,
    "excess_performance": 0.153157,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.111619,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.026105,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.216485,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.069827,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.024979,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.039365,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.204392,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.521189,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3388,
      "relative_activity": 0.147286,
      "balance": 1.521189,
      "dry_up": 1.194898,
      "accumulation_observations": 3,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.023942,
      "annualized_volatility": 0.156545,
      "from_high_reference": 0.0,
      "from_low_reference": 0.253998
    },
    "levels": {
      "trend_reference": 481.054998,
      "fair_value_reference": 439.586057,
      "structural_low": 426.436005,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 24,
        "median_return": 0.009899,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.006075,
        "regime_survival": 0.75,
        "best_return": 0.05774,
        "worst_return": -0.047178,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 9,
        "median_return": 0.031053,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.000612,
        "regime_survival": 0.555556,
        "best_return": 0.083273,
        "worst_return": -0.121269,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 5,
        "median_return": 0.091784,
        "positive_rate": 0.6,
        "directional_follow_through": 0.6,
        "median_excess_return": 0.067444,
        "regime_survival": 0.6,
        "best_return": 0.142743,
        "worst_return": -0.068504,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.134635,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.058461,
        "regime_survival": 0.5,
        "best_return": 0.247629,
        "worst_return": 0.021641,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-09",
        "end": "2024-10-04",
        "tenure": "Developing",
        "return": 0.044402,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-11",
        "end": "2025-01-03",
        "tenure": "Established",
        "return": 0.045972,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-10",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.035785,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-02-21",
        "tenure": "New",
        "return": -0.017541,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-28",
        "end": "2025-02-28",
        "tenure": "New",
        "return": 0.0,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-07",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.080422,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.136186,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-06-27",
        "tenure": "New",
        "return": 0.019933,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-04",
        "end": "2025-08-15",
        "tenure": "Developing",
        "return": 0.031755,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-22",
        "end": "2025-11-21",
        "tenure": "Established",
        "return": -0.006072,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-28",
        "end": "2026-01-30",
        "tenure": "Developing",
        "return": -0.055527,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-02-06",
        "end": "2026-05-01",
        "tenure": "Established",
        "return": 0.076858,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-05-08",
        "end": "2026-05-29",
        "tenure": "New",
        "return": 0.054696,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.029652,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 341.674988,
        "volume": 0,
        "typical_volume": 10349.55,
        "trend": 339.220831,
        "fair_value": 332.870504,
        "relative_strength": 5.81956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.302546,
        "energy": 31.992115,
        "activity_lines": [
          348.604997,
          349.122269,
          345.456783,
          342.154568
        ]
      },
      {
        "date": "2023-08-25",
        "close": 349.399994,
        "volume": 0,
        "typical_volume": 10349.55,
        "trend": 339.824998,
        "fair_value": 333.054165,
        "relative_strength": 7.032509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 39.7557,
        "energy": 23.461987,
        "activity_lines": [
          347.958329,
          349.308632,
          346.22464,
          342.811288
        ]
      },
      {
        "date": "2023-09-01",
        "close": 359.399994,
        "volume": 0,
        "typical_volume": 10349.55,
        "trend": 340.159998,
        "fair_value": 333.34368,
        "relative_strength": 8.171949,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.43852,
        "energy": 41.008109,
        "activity_lines": [
          351.254995,
          351.239995,
          347.840591,
          344.074191
        ]
      },
      {
        "date": "2023-09-08",
        "close": 357.5,
        "volume": 0,
        "typical_volume": 10158.0,
        "trend": 340.724998,
        "fair_value": 333.606249,
        "relative_strength": 7.387666,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 68.568519,
        "energy": 46.54866,
        "activity_lines": [
          353.676662,
          352.470451,
          349.145116,
          345.192901
        ]
      },
      {
        "date": "2023-09-15",
        "close": 356.100006,
        "volume": 0,
        "typical_volume": 9800.05,
        "trend": 341.207498,
        "fair_value": 333.848117,
        "relative_strength": 3.712664,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.627417,
        "energy": 66.594417,
        "activity_lines": [
          355.278333,
          353.317271,
          350.205473,
          346.184837
        ]
      },
      {
        "date": "2023-09-22",
        "close": 350.174988,
        "volume": 0,
        "typical_volume": 4740.1,
        "trend": 341.687498,
        "fair_value": 334.021807,
        "relative_strength": 2.403983,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.824058,
        "energy": 55.712461,
        "activity_lines": [
          354.39833,
          352.87136,
          350.57833,
          346.763384
        ]
      },
      {
        "date": "2023-09-29",
        "close": 350.875,
        "volume": 0,
        "typical_volume": 4740.1,
        "trend": 342.024165,
        "fair_value": 334.199209,
        "relative_strength": 3.664728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.96269,
        "energy": 39.290766,
        "activity_lines": [
          353.184998,
          352.498179,
          350.911425,
          347.356126
        ]
      },
      {
        "date": "2023-10-06",
        "close": 346.024994,
        "volume": 0,
        "typical_volume": 4740.1,
        "trend": 342.599165,
        "fair_value": 334.322394,
        "relative_strength": 3.781296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 27.854785,
        "energy": 15.92709,
        "activity_lines": [
          350.256663,
          351.382724,
          350.687854,
          347.614244
        ]
      },
      {
        "date": "2023-10-13",
        "close": 353.049988,
        "volume": 0,
        "typical_volume": 1494.5,
        "trend": 343.559998,
        "fair_value": 334.515462,
        "relative_strength": 4.360074,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.669097,
        "energy": 21.336456,
        "activity_lines": [
          350.56166,
          351.721813,
          351.091186,
          348.288491
        ]
      },
      {
        "date": "2023-10-20",
        "close": 340.975006,
        "volume": 0,
        "typical_volume": 1494.5,
        "trend": 344.136665,
        "fair_value": 334.581376,
        "relative_strength": 3.437023,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.327581,
        "energy": 16.400948,
        "activity_lines": [
          347.13833,
          349.849997,
          350.285592,
          348.121717
        ]
      },
      {
        "date": "2023-10-27",
        "close": 335.174988,
        "volume": 31005,
        "typical_volume": 3044.75,
        "trend": 344.180831,
        "fair_value": 334.587372,
        "relative_strength": 3.229768,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -39.513376,
        "energy": 37.881494,
        "activity_lines": [
          342.789994,
          347.06045,
          348.937139,
          347.543545
        ]
      },
      {
        "date": "2023-11-03",
        "close": 347.700012,
        "volume": 0,
        "typical_volume": 3044.75,
        "trend": 344.854165,
        "fair_value": 334.718499,
        "relative_strength": 5.133366,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -15.288527,
        "energy": 25.96465,
        "activity_lines": [
          343.616667,
          346.666362,
          348.801783,
          347.770589
        ]
      },
      {
        "date": "2023-11-10",
        "close": 353.149994,
        "volume": 0,
        "typical_volume": 3044.75,
        "trend": 345.559164,
        "fair_value": 334.900989,
        "relative_strength": 7.518807,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.567592,
        "energy": 19.432356,
        "activity_lines": [
          346.471665,
          347.294089,
          349.174402,
          348.305803
        ]
      },
      {
        "date": "2023-11-17",
        "close": 359.100006,
        "volume": 0,
        "typical_volume": 3044.75,
        "trend": 346.388331,
        "fair_value": 335.138234,
        "relative_strength": 7.088882,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.139763,
        "energy": 23.978206,
        "activity_lines": [
          350.835002,
          349.117272,
          350.050355,
          349.179406
        ]
      },
      {
        "date": "2023-11-24",
        "close": 359.0,
        "volume": 179848,
        "typical_volume": 10542.65,
        "trend": 347.347498,
        "fair_value": 335.369902,
        "relative_strength": 7.124492,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.255686,
        "energy": 45.350462,
        "activity_lines": [
          354.761668,
          350.893181,
          350.875355,
          349.993062
        ]
      },
      {
        "date": "2023-12-01",
        "close": 361.100006,
        "volume": 0,
        "typical_volume": 10542.65,
        "trend": 348.456664,
        "fair_value": 335.617306,
        "relative_strength": 6.971519,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.138892,
        "energy": 67.817272,
        "activity_lines": [
          358.18667,
          352.998183,
          351.830118,
          350.880321
        ]
      },
      {
        "date": "2023-12-08",
        "close": 366.049988,
        "volume": 0,
        "typical_volume": 10542.65,
        "trend": 349.62583,
        "fair_value": 335.907141,
        "relative_strength": 7.841721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.635688,
        "energy": 80.672219,
        "activity_lines": [
          361.533331,
          355.804544,
          353.189998,
          352.015374
        ]
      },
      {
        "date": "2023-12-15",
        "close": 377.075012,
        "volume": 535,
        "typical_volume": 10569.4,
        "trend": 350.955831,
        "fair_value": 336.295518,
        "relative_strength": 10.468724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.890167,
        "energy": 90.033586,
        "activity_lines": [
          367.331669,
          360.339547,
          355.564166,
          353.786289
        ]
      },
      {
        "date": "2023-12-22",
        "close": 377.75,
        "volume": 0,
        "typical_volume": 10569.4,
        "trend": 352.191665,
        "fair_value": 336.682943,
        "relative_strength": 8.636679,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.05363,
        "energy": 93.020511,
        "activity_lines": [
          371.760002,
          364.432729,
          357.90119,
          355.514945
        ]
      },
      {
        "date": "2023-12-29",
        "close": 381.950012,
        "volume": 0,
        "typical_volume": 10569.4,
        "trend": 353.490832,
        "fair_value": 337.102082,
        "relative_strength": 9.041424,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.613713,
        "energy": 94.003646,
        "activity_lines": [
          376.345005,
          368.840458,
          360.516549,
          357.434838
        ]
      },
      {
        "date": "2024-01-05",
        "close": 372.149994,
        "volume": 0,
        "typical_volume": 10569.4,
        "trend": 354.581665,
        "fair_value": 337.423623,
        "relative_strength": 6.555776,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.660699,
        "energy": 86.57948,
        "activity_lines": [
          376.133335,
          370.721366,
          362.039286,
          358.638655
        ]
      },
      {
        "date": "2024-01-12",
        "close": 379.700012,
        "volume": 0,
        "typical_volume": 10569.4,
        "trend": 355.725832,
        "fair_value": 337.807953,
        "relative_strength": 9.289244,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.722519,
        "energy": 85.292721,
        "activity_lines": [
          377.701672,
          373.302731,
          364.135954,
          360.259194
        ]
      },
      {
        "date": "2024-01-19",
        "close": 385.049988,
        "volume": 0,
        "typical_volume": 10569.4,
        "trend": 357.232498,
        "fair_value": 338.233557,
        "relative_strength": 12.769582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.406768,
        "energy": 87.471638,
        "activity_lines": [
          380.143333,
          376.275001,
          366.597858,
          362.151075
        ]
      },
      {
        "date": "2024-01-26",
        "close": 390.875,
        "volume": 0,
        "typical_volume": 10569.4,
        "trend": 358.581665,
        "fair_value": 338.70357,
        "relative_strength": 11.478931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.816429,
        "energy": 86.815162,
        "activity_lines": [
          383.994999,
          379.726364,
          369.492381,
          364.321559
        ]
      },
      {
        "date": "2024-02-02",
        "close": 394.350006,
        "volume": 0,
        "typical_volume": 10569.4,
        "trend": 360.251665,
        "fair_value": 339.196017,
        "relative_strength": 12.403108,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.138103,
        "energy": 94.764877,
        "activity_lines": [
          388.130001,
          383.23182,
          372.55893,
          366.629194
        ]
      },
      {
        "date": "2024-02-09",
        "close": 402.475006,
        "volume": 0,
        "typical_volume": 10569.4,
        "trend": 362.094999,
        "fair_value": 339.751095,
        "relative_strength": 14.891918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.018388,
        "energy": 96.805144,
        "activity_lines": [
          394.146669,
          387.571821,
          376.217145,
          369.35328
        ]
      },
      {
        "date": "2024-02-16",
        "close": 404.524994,
        "volume": 0,
        "typical_volume": 10569.4,
        "trend": 363.627499,
        "fair_value": 340.314347,
        "relative_strength": 12.935206,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.601077,
        "energy": 95.761142,
        "activity_lines": [
          398.825,
          391.532274,
          379.821549,
          372.090699
        ]
      },
      {
        "date": "2024-02-23",
        "close": 405.850006,
        "volume": 0,
        "typical_volume": 10569.4,
        "trend": 365.296666,
        "fair_value": 340.879309,
        "relative_strength": 12.914844,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.076257,
        "energy": 93.261011,
        "activity_lines": [
          402.290002,
          395.034093,
          383.296668,
          374.814732
        ]
      },
      {
        "date": "2024-03-01",
        "close": 412.850006,
        "volume": 0,
        "typical_volume": 10569.4,
        "trend": 367.318333,
        "fair_value": 341.494443,
        "relative_strength": 14.704656,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.165814,
        "energy": 93.735789,
        "activity_lines": [
          406.70167,
          399.285457,
          387.153574,
          377.882689
        ]
      },
      {
        "date": "2024-03-08",
        "close": 411.424988,
        "volume": 5,
        "typical_volume": 10569.65,
        "trend": 369.415833,
        "fair_value": 342.087075,
        "relative_strength": 14.120513,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.410971,
        "energy": 78.435828,
        "activity_lines": [
          409.173332,
          402.639545,
          390.590001,
          380.72828
        ]
      },
      {
        "date": "2024-03-15",
        "close": 408.475006,
        "volume": 0,
        "typical_volume": 9019.4,
        "trend": 371.6425,
        "fair_value": 342.644957,
        "relative_strength": 11.913597,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.402325,
        "energy": 68.421628,
        "activity_lines": [
          409.523334,
          404.921365,
          393.410001,
          383.248227
        ]
      },
      {
        "date": "2024-03-22",
        "close": 420.924988,
        "volume": 6,
        "typical_volume": 9019.7,
        "trend": 374.026666,
        "fair_value": 343.297291,
        "relative_strength": 11.938614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.532867,
        "energy": 75.280428,
        "activity_lines": [
          413.62333,
          408.806362,
          397.066667,
          386.427742
        ]
      },
      {
        "date": "2024-03-29",
        "close": 421.725006,
        "volume": 0,
        "typical_volume": 9019.7,
        "trend": 376.104167,
        "fair_value": 343.945454,
        "relative_strength": 11.425731,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.138226,
        "energy": 73.247898,
        "activity_lines": [
          416.896665,
          412.087273,
          400.450834,
          389.505054
        ]
      },
      {
        "date": "2024-04-05",
        "close": 414.674988,
        "volume": 3750,
        "typical_volume": 9207.2,
        "trend": 378.01,
        "fair_value": 344.525204,
        "relative_strength": 9.688169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.659663,
        "energy": 67.014812,
        "activity_lines": [
          416.761662,
          413.419543,
          402.837023,
          391.993494
        ]
      },
      {
        "date": "2024-04-12",
        "close": 415.299988,
        "volume": 1554,
        "typical_volume": 292.5,
        "trend": 379.983332,
        "fair_value": 345.100609,
        "relative_strength": 8.268402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.262722,
        "energy": 66.439019,
        "activity_lines": [
          416.713326,
          414.432723,
          405.018093,
          394.3993
        ]
      },
      {
        "date": "2024-04-19",
        "close": 401.225006,
        "volume": 9972,
        "typical_volume": 791.1,
        "trend": 381.685,
        "fair_value": 345.553225,
        "relative_strength": 5.556658,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.128767,
        "energy": 54.363148,
        "activity_lines": [
          411.714996,
          412.505906,
          405.590594,
          395.769731
        ]
      },
      {
        "date": "2024-04-26",
        "close": 410.225006,
        "volume": 258,
        "typical_volume": 804.0,
        "trend": 383.663333,
        "fair_value": 346.070599,
        "relative_strength": 4.33878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.929533,
        "energy": 40.160538,
        "activity_lines": [
          410.2,
          412.23818,
          406.829166,
          397.611021
        ]
      },
      {
        "date": "2024-05-03",
        "close": 407.475006,
        "volume": 992,
        "typical_volume": 826.85,
        "trend": 385.711667,
        "fair_value": 346.557935,
        "relative_strength": 2.405017,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.278298,
        "energy": 29.617934,
        "activity_lines": [
          408.481669,
          411.366818,
          407.595476,
          399.147258
        ]
      },
      {
        "date": "2024-05-10",
        "close": 419.049988,
        "volume": 6783,
        "typical_volume": 1166.0,
        "trend": 387.911667,
        "fair_value": 347.128739,
        "relative_strength": 2.278642,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.61587,
        "energy": 36.861008,
        "activity_lines": [
          411.571665,
          412.570452,
          409.319403,
          401.298118
        ]
      },
      {
        "date": "2024-05-17",
        "close": 420.350006,
        "volume": 6713,
        "typical_volume": 1501.65,
        "trend": 390.5575,
        "fair_value": 347.70078,
        "relative_strength": 2.498589,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.324627,
        "energy": 52.349714,
        "activity_lines": [
          414.803335,
          413.897727,
          410.970475,
          403.390914
        ]
      },
      {
        "date": "2024-05-24",
        "close": 423.850006,
        "volume": 14845,
        "typical_volume": 2243.9,
        "trend": 393.513334,
        "fair_value": 348.291084,
        "relative_strength": 4.368845,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.643827,
        "energy": 60.655408,
        "activity_lines": [
          418.865002,
          415.699092,
          412.772024,
          405.538817
        ]
      },
      {
        "date": "2024-05-31",
        "close": 413.524994,
        "volume": 10180,
        "typical_volume": 2752.9,
        "trend": 395.7075,
        "fair_value": 348.792884,
        "relative_strength": 2.149106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.517013,
        "energy": 53.285266,
        "activity_lines": [
          417.976666,
          415.343636,
          413.344047,
          406.829892
        ]
      },
      {
        "date": "2024-06-07",
        "close": 423.75,
        "volume": 1700,
        "typical_volume": 2837.9,
        "trend": 398.060834,
        "fair_value": 349.365075,
        "relative_strength": 4.787609,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.418874,
        "energy": 57.030241,
        "activity_lines": [
          420.276666,
          416.981818,
          414.728809,
          408.639086
        ]
      },
      {
        "date": "2024-06-14",
        "close": 430.899994,
        "volume": 15770,
        "typical_volume": 3626.4,
        "trend": 400.454167,
        "fair_value": 349.982764,
        "relative_strength": 7.519347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.478325,
        "energy": 67.295395,
        "activity_lines": [
          423.874998,
          419.883181,
          416.610237,
          410.757741
        ]
      },
      {
        "date": "2024-06-21",
        "close": 435.899994,
        "volume": 48218,
        "typical_volume": 6037.3,
        "trend": 403.0175,
        "fair_value": 350.628758,
        "relative_strength": 7.259021,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.04188,
        "energy": 76.884331,
        "activity_lines": [
          428.349996,
          423.398635,
          418.77726,
          413.044569
        ]
      },
      {
        "date": "2024-06-28",
        "close": 436.325012,
        "volume": 14280,
        "typical_volume": 6751.3,
        "trend": 405.525,
        "fair_value": 351.268283,
        "relative_strength": 8.040071,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.649973,
        "energy": 87.554968,
        "activity_lines": [
          431.930001,
          426.616819,
          420.786904,
          415.193441
        ]
      },
      {
        "date": "2024-07-05",
        "close": 431.200012,
        "volume": 31788,
        "typical_volume": 8340.7,
        "trend": 407.696667,
        "fair_value": 351.860369,
        "relative_strength": 6.041879,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.670337,
        "energy": 82.242758,
        "activity_lines": [
          432.970005,
          428.265002,
          422.147263,
          416.849893
        ]
      },
      {
        "date": "2024-07-12",
        "close": 437.25,
        "volume": 37636,
        "typical_volume": 10222.5,
        "trend": 409.7025,
        "fair_value": 352.488234,
        "relative_strength": 6.631287,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.979081,
        "energy": 81.810508,
        "activity_lines": [
          434.848338,
          430.63182,
          423.956787,
          418.75656
        ]
      },
      {
        "date": "2024-07-19",
        "close": 427.024994,
        "volume": 36911,
        "typical_volume": 12068.05,
        "trend": 411.345,
        "fair_value": 353.032298,
        "relative_strength": 5.15202,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.369494,
        "energy": 56.134316,
        "activity_lines": [
          432.418335,
          430.598183,
          424.642976,
          419.87414
        ]
      },
      {
        "date": "2024-07-26",
        "close": 426.024994,
        "volume": 31020,
        "typical_volume": 13618.8,
        "trend": 412.814166,
        "fair_value": 353.561231,
        "relative_strength": 3.053748,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.080989,
        "energy": 38.989846,
        "activity_lines": [
          429.913332,
          430.237727,
          425.166428,
          420.821236
        ]
      },
      {
        "date": "2024-08-02",
        "close": 416.600006,
        "volume": 66637,
        "typical_volume": 16950.65,
        "trend": 414.295833,
        "fair_value": 354.014747,
        "relative_strength": 1.969229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 22.051415,
        "energy": 17.225116,
        "activity_lines": [
          424.925,
          428.060455,
          424.722738,
          421.065484
        ]
      },
      {
        "date": "2024-08-09",
        "close": 420.024994,
        "volume": 215832,
        "typical_volume": 27741.95,
        "trend": 415.639999,
        "fair_value": 354.486249,
        "relative_strength": 2.68889,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.844101,
        "energy": 24.970908,
        "activity_lines": [
          422.393331,
          426.637727,
          424.566548,
          421.435107
        ]
      },
      {
        "date": "2024-08-16",
        "close": 432.299988,
        "volume": 8598,
        "typical_volume": 28171.85,
        "trend": 417.214999,
        "fair_value": 355.03812,
        "relative_strength": 3.669971,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.969759,
        "energy": 26.871225,
        "activity_lines": [
          424.698328,
          427.328634,
          425.583689,
          422.509945
        ]
      },
      {
        "date": "2024-08-23",
        "close": 430.299988,
        "volume": 20855,
        "typical_volume": 29027.1,
        "trend": 418.529166,
        "fair_value": 355.568133,
        "relative_strength": 2.827163,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.153026,
        "energy": 20.453452,
        "activity_lines": [
          426.666659,
          427.50045,
          426.359998,
          423.354138
        ]
      },
      {
        "date": "2024-08-30",
        "close": 432.649994,
        "volume": 16883,
        "typical_volume": 29793.55,
        "trend": 419.805832,
        "fair_value": 356.107167,
        "relative_strength": 2.648849,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.958473,
        "energy": 36.016332,
        "activity_lines": [
          429.199992,
          428.110449,
          427.285712,
          424.265159
        ]
      },
      {
        "date": "2024-09-06",
        "close": 414.875,
        "volume": 6403,
        "typical_volume": 29615.1,
        "trend": 420.219165,
        "fair_value": 356.515277,
        "relative_strength": 0.667165,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.275912,
        "energy": 8.617464,
        "activity_lines": [
          425.366661,
          425.547722,
          426.43595,
          423.947041
        ]
      },
      {
        "date": "2024-09-13",
        "close": 434.899994,
        "volume": 16997,
        "typical_volume": 30452.05,
        "trend": 421.231665,
        "fair_value": 357.055861,
        "relative_strength": 4.103793,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.465169,
        "energy": 27.546526,
        "activity_lines": [
          428.323328,
          427.015904,
          427.42833,
          424.894191
        ]
      },
      {
        "date": "2024-09-20",
        "close": 433.049988,
        "volume": 28636,
        "typical_volume": 31834.25,
        "trend": 422.138331,
        "fair_value": 357.576369,
        "relative_strength": 3.924942,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.304377,
        "energy": 27.29634,
        "activity_lines": [
          429.671659,
          428.080448,
          428.12702,
          425.656664
        ]
      },
      {
        "date": "2024-09-27",
        "close": 434.75,
        "volume": 17100,
        "typical_volume": 32350.1,
        "trend": 422.868331,
        "fair_value": 358.101359,
        "relative_strength": 2.954688,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.074107,
        "energy": 31.417783,
        "activity_lines": [
          431.536662,
          429.530449,
          428.86583,
          426.47032
        ]
      },
      {
        "date": "2024-10-04",
        "close": 438.674988,
        "volume": 41110,
        "typical_volume": 34069.95,
        "trend": 423.776664,
        "fair_value": 358.645776,
        "relative_strength": 4.119966,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 66.806598,
        "energy": 59.988815,
        "activity_lines": [
          434.413326,
          431.553629,
          429.903686,
          427.490104
        ]
      },
      {
        "date": "2024-10-11",
        "close": 448.100006,
        "volume": 38670,
        "typical_volume": 35261.2,
        "trend": 425.097498,
        "fair_value": 359.24614,
        "relative_strength": 6.388599,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.412129,
        "energy": 74.30548,
        "activity_lines": [
          440.029997,
          435.06045,
          431.751901,
          429.059352
        ]
      },
      {
        "date": "2024-10-18",
        "close": 453.399994,
        "volume": 22186,
        "typical_volume": 35861.5,
        "trend": 426.179998,
        "fair_value": 359.873832,
        "relative_strength": 5.97308,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.352192,
        "energy": 83.384718,
        "activity_lines": [
          445.19833,
          438.958177,
          433.989401,
          430.885319
        ]
      },
      {
        "date": "2024-10-25",
        "close": 452.725006,
        "volume": 49594,
        "typical_volume": 38256.2,
        "trend": 427.213331,
        "fair_value": 360.48874,
        "relative_strength": 6.862084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.038632,
        "energy": 86.22244,
        "activity_lines": [
          448.908333,
          442.126361,
          435.972735,
          432.597901
        ]
      },
      {
        "date": "2024-11-01",
        "close": 446.674988,
        "volume": 44161,
        "typical_volume": 39675.75,
        "trend": 428.279998,
        "fair_value": 361.055755,
        "relative_strength": 6.049462,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.42636,
        "energy": 81.077976,
        "activity_lines": [
          449.289996,
          443.823178,
          437.241901,
          433.853491
        ]
      },
      {
        "date": "2024-11-08",
        "close": 466.924988,
        "volume": 15791,
        "typical_volume": 38054.4,
        "trend": 430.000831,
        "fair_value": 361.747711,
        "relative_strength": 11.884391,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.296273,
        "energy": 90.894089,
        "activity_lines": [
          455.62666,
          448.904086,
          440.364519,
          436.346717
        ]
      },
      {
        "date": "2024-11-15",
        "close": 466.274994,
        "volume": 35815,
        "typical_volume": 39131.15,
        "trend": 432.169164,
        "fair_value": 362.42646,
        "relative_strength": 11.4372,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.632616,
        "energy": 90.420941,
        "activity_lines": [
          459.863326,
          453.243631,
          443.277495,
          438.686985
        ]
      },
      {
        "date": "2024-11-22",
        "close": 477.125,
        "volume": 20172,
        "typical_volume": 38550.35,
        "trend": 434.399164,
        "fair_value": 363.16645,
        "relative_strength": 10.887672,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.213937,
        "energy": 93.148366,
        "activity_lines": [
          466.504995,
          458.621359,
          447.081186,
          441.587362
        ]
      },
      {
        "date": "2024-11-29",
        "close": 475.5,
        "volume": 19876,
        "typical_volume": 37662.35,
        "trend": 436.666664,
        "fair_value": 363.886537,
        "relative_strength": 9.792128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.685968,
        "energy": 90.938475,
        "activity_lines": [
          471.02333,
          462.935905,
          450.511424,
          444.239028
        ]
      },
      {
        "date": "2024-12-06",
        "close": 476.125,
        "volume": 11592,
        "typical_volume": 36396.4,
        "trend": 438.569164,
        "fair_value": 364.549037,
        "relative_strength": 9.298637,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.272082,
        "energy": 89.335194,
        "activity_lines": [
          474.231665,
          466.59227,
          453.819044,
          446.784728
        ]
      },
      {
        "date": "2024-12-13",
        "close": 472.600006,
        "volume": 11482,
        "typical_volume": 35419.5,
        "trend": 440.310831,
        "fair_value": 365.2258,
        "relative_strength": 8.313154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.23563,
        "energy": 87.335475,
        "activity_lines": [
          474.301668,
          468.855453,
          456.55714,
          448.980266
        ]
      },
      {
        "date": "2024-12-20",
        "close": 463.725006,
        "volume": 5162,
        "typical_volume": 32345.75,
        "trend": 441.639997,
        "fair_value": 365.839101,
        "relative_strength": 8.78499,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.20981,
        "energy": 63.917468,
        "activity_lines": [
          471.035004,
          468.888182,
          458.228212,
          450.490858
        ]
      },
      {
        "date": "2024-12-27",
        "close": 463.875,
        "volume": 10133,
        "typical_volume": 22060.8,
        "trend": 443.318331,
        "fair_value": 366.4383,
        "relative_strength": 7.654033,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.585993,
        "energy": 50.339366,
        "activity_lines": [
          467.988336,
          468.664091,
          459.689165,
          451.925374
        ]
      },
      {
        "date": "2025-01-03",
        "close": 468.700012,
        "volume": 20393,
        "typical_volume": 22650.55,
        "trend": 444.816665,
        "fair_value": 367.199999,
        "relative_strength": 7.45646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.906961,
        "energy": 41.566267,
        "activity_lines": [
          467.433339,
          469.126821,
          461.400833,
          453.562902
        ]
      },
      {
        "date": "2025-01-10",
        "close": 466.674988,
        "volume": 2690,
        "typical_volume": 21742.3,
        "trend": 446.009164,
        "fair_value": 368.021794,
        "relative_strength": 6.412816,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.85598,
        "energy": 34.462649,
        "activity_lines": [
          466.656667,
          468.93091,
          462.746308,
          454.973116
        ]
      },
      {
        "date": "2025-01-17",
        "close": 483.950012,
        "volume": 23525,
        "typical_volume": 22074.4,
        "trend": 447.610832,
        "fair_value": 368.98846,
        "relative_strength": 6.816626,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 80.849956,
        "energy": 57.535221,
        "activity_lines": [
          472.268337,
          471.512276,
          465.56381,
          457.420913
        ]
      },
      {
        "date": "2025-01-24",
        "close": 483.375,
        "volume": 69482,
        "typical_volume": 25228.35,
        "trend": 449.179165,
        "fair_value": 370.021794,
        "relative_strength": 6.507326,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 76.399417,
        "energy": 62.644667,
        "activity_lines": [
          476.931669,
          473.679548,
          468.082262,
          459.728279
        ]
      },
      {
        "date": "2025-01-31",
        "close": 477.450012,
        "volume": 18352,
        "typical_volume": 25296.1,
        "trend": 450.720831,
        "fair_value": 370.972114,
        "relative_strength": 2.999559,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.632194,
        "energy": 56.389705,
        "activity_lines": [
          478.310006,
          474.458641,
          469.71024,
          461.552204
        ]
      },
      {
        "date": "2025-02-07",
        "close": 473.049988,
        "volume": 30862,
        "typical_volume": 25407.4,
        "trend": 451.914164,
        "fair_value": 371.905768,
        "relative_strength": 1.694819,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.463072,
        "energy": 55.605172,
        "activity_lines": [
          477.316667,
          474.43182,
          470.716548,
          462.992795
        ]
      },
      {
        "date": "2025-02-14",
        "close": 469.575012,
        "volume": 44789,
        "typical_volume": 26791.85,
        "trend": 453.332498,
        "fair_value": 372.887499,
        "relative_strength": 0.530227,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.822632,
        "energy": 44.032016,
        "activity_lines": [
          474.875004,
          473.817731,
          471.20143,
          464.132204
        ]
      },
      {
        "date": "2025-02-21",
        "close": 469.075012,
        "volume": 132139,
        "typical_volume": 31343.3,
        "trend": 454.767499,
        "fair_value": 373.823717,
        "relative_strength": 1.216163,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.578418,
        "energy": 25.828585,
        "activity_lines": [
          472.07334,
          473.231823,
          471.47286,
          465.14785
        ]
      },
      {
        "date": "2025-02-28",
        "close": 454.924988,
        "volume": 50872,
        "typical_volume": 31953.4,
        "trend": 456.044998,
        "fair_value": 374.672595,
        "relative_strength": -3.438972,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.043129,
        "energy": 18.936997,
        "activity_lines": [
          465.546667,
          470.137275,
          470.251906,
          465.158011
        ]
      },
      {
        "date": "2025-03-07",
        "close": 426.5,
        "volume": 12974,
        "typical_volume": 31492.8,
        "trend": 456.260832,
        "fair_value": 375.35032,
        "relative_strength": -7.967162,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -52.227387,
        "energy": 51.965499,
        "activity_lines": [
          451.441667,
          462.034547,
          466.291311,
          463.251882
        ]
      },
      {
        "date": "2025-03-14",
        "close": 423.899994,
        "volume": 28845,
        "typical_volume": 30455.35,
        "trend": 455.980832,
        "fair_value": 375.919711,
        "relative_strength": -7.899264,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -54.015643,
        "energy": 80.719633,
        "activity_lines": [
          439.866665,
          454.138636,
          462.211192,
          461.164086
        ]
      },
      {
        "date": "2025-03-21",
        "close": 427.649994,
        "volume": 24824,
        "typical_volume": 29488.5,
        "trend": 455.892499,
        "fair_value": 376.505448,
        "relative_strength": -7.119161,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.77629,
        "energy": 82.768484,
        "activity_lines": [
          432.818329,
          447.73909,
          458.625477,
          459.33629
        ]
      },
      {
        "date": "2025-03-28",
        "close": 419.149994,
        "volume": 2833,
        "typical_volume": 28840.6,
        "trend": 455.442499,
        "fair_value": 376.993909,
        "relative_strength": -8.940452,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -55.821194,
        "energy": 84.342691,
        "activity_lines": [
          425.731661,
          440.503634,
          454.320833,
          456.965806
        ]
      },
      {
        "date": "2025-04-04",
        "close": 392.200012,
        "volume": 17090,
        "typical_volume": 27904.35,
        "trend": 454.686666,
        "fair_value": 377.316505,
        "relative_strength": -8.283685,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -96.398507,
        "energy": 98.416484,
        "activity_lines": [
          412.99,
          429.546363,
          447.677025,
          452.885646
        ]
      },
      {
        "date": "2025-04-11",
        "close": 389.725006,
        "volume": 29108,
        "typical_volume": 28351.15,
        "trend": 453.180833,
        "fair_value": 377.680768,
        "relative_strength": -7.722913,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -90.307222,
        "energy": 95.983622,
        "activity_lines": [
          403.605003,
          419.796819,
          441.150239,
          448.694571
        ]
      },
      {
        "date": "2025-04-18",
        "close": 388.850006,
        "volume": 25505,
        "typical_volume": 28632.6,
        "trend": 451.7075,
        "fair_value": 378.05705,
        "relative_strength": -11.272481,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -82.696408,
        "energy": 93.07153,
        "activity_lines": [
          396.380005,
          411.483184,
          434.956311,
          444.544195
        ]
      },
      {
        "date": "2025-04-25",
        "close": 402.25,
        "volume": 90963,
        "typical_volume": 32601.15,
        "trend": 450.624167,
        "fair_value": 378.510897,
        "relative_strength": -9.652259,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.281788,
        "energy": 71.463187,
        "activity_lines": [
          395.958337,
          407.13682,
          430.451192,
          441.353388
        ]
      },
      {
        "date": "2025-05-02",
        "close": 419.549988,
        "volume": 224672,
        "typical_volume": 43260.65,
        "trend": 449.986667,
        "fair_value": 379.134614,
        "relative_strength": -7.724794,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.634111,
        "energy": 64.818381,
        "activity_lines": [
          402.996665,
          407.159999,
          427.945476,
          439.348603
        ]
      },
      {
        "date": "2025-05-09",
        "close": 421.975006,
        "volume": 10578,
        "typical_volume": 43531.45,
        "trend": 449.115834,
        "fair_value": 379.81923,
        "relative_strength": -6.727888,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -51.164813,
        "energy": 49.428731,
        "activity_lines": [
          410.816667,
          408.524546,
          425.923334,
          437.541399
        ]
      },
      {
        "date": "2025-05-16",
        "close": 442.975006,
        "volume": 23539,
        "typical_volume": 44201.75,
        "trend": 448.768334,
        "fair_value": 380.735897,
        "relative_strength": -3.5876,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -27.305952,
        "energy": 29.084918,
        "activity_lines": [
          423.651668,
          414.306365,
          426.100001,
          437.145216
        ]
      },
      {
        "date": "2025-05-23",
        "close": 425.774994,
        "volume": 26134,
        "typical_volume": 44488.8,
        "trend": 447.87,
        "fair_value": 381.421794,
        "relative_strength": -7.614993,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -29.093365,
        "energy": 32.980362,
        "activity_lines": [
          427.203333,
          416.661364,
          424.738096,
          435.661775
        ]
      },
      {
        "date": "2025-05-30",
        "close": 434.424988,
        "volume": 5100,
        "typical_volume": 44609.3,
        "trend": 447.461667,
        "fair_value": 382.176441,
        "relative_strength": -6.307368,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -23.067537,
        "energy": 29.520413,
        "activity_lines": [
          431.176662,
          420.554998,
          424.404404,
          434.794355
        ]
      },
      {
        "date": "2025-06-06",
        "close": 442.799988,
        "volume": 37637,
        "typical_volume": 45314.9,
        "trend": 446.6575,
        "fair_value": 383.043428,
        "relative_strength": -5.164388,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 4.361581,
        "energy": 23.896445,
        "activity_lines": [
          435.796659,
          425.848178,
          425.021903,
          434.493601
        ]
      },
      {
        "date": "2025-06-13",
        "close": 440.225006,
        "volume": 25993,
        "typical_volume": 43140.45,
        "trend": 445.789167,
        "fair_value": 383.985576,
        "relative_strength": -5.743025,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 0.386994,
        "energy": 19.69023,
        "activity_lines": [
          438.008329,
          430.243179,
          425.590118,
          434.078602
        ]
      },
      {
        "date": "2025-06-20",
        "close": 443.225006,
        "volume": 48679,
        "typical_volume": 44656.8,
        "trend": 444.659167,
        "fair_value": 384.846794,
        "relative_strength": -4.195916,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 6.544693,
        "energy": 23.901822,
        "activity_lines": [
          440.003333,
          434.310453,
          426.649523,
          433.913172
        ]
      },
      {
        "date": "2025-06-27",
        "close": 449.0,
        "volume": 27593,
        "typical_volume": 44493.35,
        "trend": 443.775834,
        "fair_value": 385.754967,
        "relative_strength": -3.12923,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.429635,
        "energy": 42.080066,
        "activity_lines": [
          443.906667,
          438.454999,
          428.421904,
          434.193226
        ]
      },
      {
        "date": "2025-07-04",
        "close": 455.049988,
        "volume": 10212,
        "typical_volume": 42764.5,
        "trend": 443.073334,
        "fair_value": 386.624839,
        "relative_strength": -2.055819,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 38.317224,
        "energy": 59.1627,
        "activity_lines": [
          448.278331,
          442.605906,
          430.884998,
          434.92059
        ]
      },
      {
        "date": "2025-07-11",
        "close": 458.75,
        "volume": 34657,
        "typical_volume": 37890.4,
        "trend": 442.611667,
        "fair_value": 387.533973,
        "relative_strength": -2.505182,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 42.323654,
        "energy": 66.799302,
        "activity_lines": [
          452.508331,
          446.469543,
          433.769641,
          435.931988
        ]
      },
      {
        "date": "2025-07-18",
        "close": 466.5,
        "volume": 845,
        "typical_volume": 35389.05,
        "trend": 442.704167,
        "fair_value": 388.422755,
        "relative_strength": -1.403126,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 47.540701,
        "energy": 73.574432,
        "activity_lines": [
          458.258331,
          451.029543,
          437.441546,
          437.473171
        ]
      },
      {
        "date": "2025-07-25",
        "close": 470.924988,
        "volume": 90867,
        "typical_volume": 39283.7,
        "trend": 442.939166,
        "fair_value": 389.295512,
        "relative_strength": -1.874781,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 57.377334,
        "energy": 83.143413,
        "activity_lines": [
          463.731661,
          455.584542,
          441.479759,
          439.293869
        ]
      },
      {
        "date": "2025-08-01",
        "close": 468.024994,
        "volume": 28305,
        "typical_volume": 39256.7,
        "trend": 442.916666,
        "fair_value": 390.102563,
        "relative_strength": -1.946271,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 45.902104,
        "energy": 79.088736,
        "activity_lines": [
          466.391661,
          459.104087,
          445.030235,
          440.91231
        ]
      },
      {
        "date": "2025-08-08",
        "close": 470.475006,
        "volume": 9680,
        "typical_volume": 38499.5,
        "trend": 443.043333,
        "fair_value": 390.864422,
        "relative_strength": -1.737517,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 46.337045,
        "energy": 78.668543,
        "activity_lines": [
          468.599998,
          462.300907,
          448.603926,
          442.690267
        ]
      },
      {
        "date": "2025-08-15",
        "close": 469.5,
        "volume": 8221,
        "typical_volume": 38768.9,
        "trend": 442.561666,
        "fair_value": 391.603204,
        "relative_strength": -2.381893,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 69.040796,
        "energy": 86.634166,
        "activity_lines": [
          469.454999,
          464.664998,
          451.880831,
          444.397149
        ]
      },
      {
        "date": "2025-08-22",
        "close": 473.450012,
        "volume": 7557,
        "typical_volume": 38292.25,
        "trend": 442.230833,
        "fair_value": 392.428845,
        "relative_strength": -3.45692,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.220139,
        "energy": 86.856165,
        "activity_lines": [
          470.910004,
          467.261819,
          455.294166,
          446.389945
        ]
      },
      {
        "date": "2025-08-29",
        "close": 470.225006,
        "volume": 21397,
        "typical_volume": 37906.7,
        "trend": 441.989999,
        "fair_value": 393.262659,
        "relative_strength": -2.698334,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.301429,
        "energy": 82.897107,
        "activity_lines": [
          470.826672,
          468.668183,
          458.013452,
          448.196021
        ]
      },
      {
        "date": "2025-09-05",
        "close": 463.125,
        "volume": 9605,
        "typical_volume": 37111.7,
        "trend": 441.659166,
        "fair_value": 393.99423,
        "relative_strength": -4.370548,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.430658,
        "energy": 67.484375,
        "activity_lines": [
          468.423338,
          468.292729,
          459.673214,
          449.55957
        ]
      },
      {
        "date": "2025-09-12",
        "close": 474.200012,
        "volume": 2754,
        "typical_volume": 32701.25,
        "trend": 441.813333,
        "fair_value": 394.912179,
        "relative_strength": -2.822981,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.189992,
        "energy": 64.795265,
        "activity_lines": [
          470.03834,
          469.674095,
          462.034049,
          451.658979
        ]
      },
      {
        "date": "2025-09-19",
        "close": 476.975006,
        "volume": 21615,
        "typical_volume": 22548.4,
        "trend": 442.076666,
        "fair_value": 395.866506,
        "relative_strength": -1.516749,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.512431,
        "energy": 64.006413,
        "activity_lines": [
          472.330007,
          471.211823,
          464.316549,
          453.927474
        ]
      },
      {
        "date": "2025-09-26",
        "close": 478.700012,
        "volume": 36888,
        "typical_volume": 23863.9,
        "trend": 442.869167,
        "fair_value": 396.863781,
        "relative_strength": -1.860695,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.728193,
        "energy": 65.144102,
        "activity_lines": [
          474.698342,
          472.731825,
          466.489884,
          456.29027
        ]
      },
      {
        "date": "2025-10-03",
        "close": 488.25,
        "volume": 6901,
        "typical_volume": 23032.0,
        "trend": 444.9275,
        "fair_value": 397.923236,
        "relative_strength": -2.025593,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.376306,
        "energy": 72.621549,
        "activity_lines": [
          479.900006,
          475.76637,
          469.302622,
          459.218066
        ]
      },
      {
        "date": "2025-10-10",
        "close": 491.950012,
        "volume": 4683,
        "typical_volume": 21959.45,
        "trend": 447.195834,
        "fair_value": 399.097756,
        "relative_strength": -0.538269,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.30015,
        "energy": 81.660847,
        "activity_lines": [
          485.133341,
          479.158644,
          472.252147,
          462.251777
        ]
      },
      {
        "date": "2025-10-17",
        "close": 486.774994,
        "volume": 99635,
        "typical_volume": 26686.2,
        "trend": 449.166668,
        "fair_value": 400.203044,
        "relative_strength": -0.7372,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.608965,
        "energy": 70.475098,
        "activity_lines": [
          486.720003,
          481.175005,
          474.393694,
          464.805271
        ]
      },
      {
        "date": "2025-10-24",
        "close": 494.924988,
        "volume": 65412,
        "typical_volume": 28074.95,
        "trend": 451.692501,
        "fair_value": 401.291666,
        "relative_strength": -1.991623,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.578206,
        "energy": 74.155357,
        "activity_lines": [
          490.184998,
          484.37682,
          477.062145,
          467.75742
        ]
      },
      {
        "date": "2025-10-31",
        "close": 507.5,
        "volume": 3739,
        "typical_volume": 26962.25,
        "trend": 455.535834,
        "fair_value": 402.474678,
        "relative_strength": -0.155027,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.748211,
        "energy": 77.987594,
        "activity_lines": [
          496.644997,
          489.402728,
          480.680002,
          471.357904
        ]
      },
      {
        "date": "2025-11-07",
        "close": 483.475006,
        "volume": 6414,
        "typical_volume": 24849.0,
        "trend": 458.660834,
        "fair_value": 403.415063,
        "relative_strength": -4.262388,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.643151,
        "energy": 60.61011,
        "activity_lines": [
          493.176666,
          489.441365,
          481.689407,
          473.160431
        ]
      },
      {
        "date": "2025-11-14",
        "close": 490.149994,
        "volume": 26471,
        "typical_volume": 24792.9,
        "trend": 462.0375,
        "fair_value": 404.443268,
        "relative_strength": -2.837734,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.299926,
        "energy": 52.978308,
        "activity_lines": [
          492.251664,
          490.452727,
          483.142859,
          475.19199
        ]
      },
      {
        "date": "2025-11-21",
        "close": 470.575012,
        "volume": 14350,
        "typical_volume": 24999.8,
        "trend": 464.315,
        "fair_value": 405.330448,
        "relative_strength": -4.870102,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.881163,
        "energy": 25.771127,
        "activity_lines": [
          484.921669,
          487.413638,
          482.536074,
          475.742797
        ]
      },
      {
        "date": "2025-11-28",
        "close": 483.100006,
        "volume": 7558,
        "typical_volume": 23644.85,
        "trend": 466.433334,
        "fair_value": 406.304486,
        "relative_strength": -3.88089,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.067655,
        "energy": 22.33794,
        "activity_lines": [
          482.846671,
          486.71773,
          483.048217,
          476.954733
        ]
      },
      {
        "date": "2025-12-05",
        "close": 483.075012,
        "volume": 4316,
        "typical_volume": 23818.4,
        "trend": 468.470001,
        "fair_value": 407.323237,
        "relative_strength": -3.089612,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.682092,
        "energy": 20.229525,
        "activity_lines": [
          481.551674,
          485.905913,
          483.442028,
          478.02839
        ]
      },
      {
        "date": "2025-12-12",
        "close": 473.524994,
        "volume": 5475,
        "typical_volume": 19548.8,
        "trend": 469.488334,
        "fair_value": 408.317628,
        "relative_strength": -4.548349,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.209644,
        "energy": 17.304723,
        "activity_lines": [
          478.70167,
          483.278184,
          482.847384,
          478.354518
        ]
      },
      {
        "date": "2025-12-19",
        "close": 472.375,
        "volume": 4736,
        "typical_volume": 18370.35,
        "trend": 471.041668,
        "fair_value": 409.293108,
        "relative_strength": -6.834295,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 0.676135,
        "energy": 11.93324,
        "activity_lines": [
          476.131669,
          480.709093,
          482.130836,
          478.540755
        ]
      },
      {
        "date": "2025-12-26",
        "close": 474.075012,
        "volume": 9844,
        "typical_volume": 18378.55,
        "trend": 472.363335,
        "fair_value": 410.277403,
        "relative_strength": -5.932154,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.799156,
        "energy": 13.736203,
        "activity_lines": [
          475.313338,
          478.805004,
          481.55548,
          478.736455
        ]
      },
      {
        "date": "2026-01-02",
        "close": 471.049988,
        "volume": 29143,
        "typical_volume": 19424.65,
        "trend": 473.305002,
        "fair_value": 411.224999,
        "relative_strength": -6.949164,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -21.961973,
        "energy": 25.601139,
        "activity_lines": [
          473.253333,
          476.58182,
          480.674883,
          478.651723
        ]
      },
      {
        "date": "2026-01-09",
        "close": 481.299988,
        "volume": 21590,
        "typical_volume": 20126.3,
        "trend": 474.674168,
        "fair_value": 412.187499,
        "relative_strength": -6.233241,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 5.962428,
        "energy": 16.43321,
        "activity_lines": [
          475.413328,
          476.656363,
          480.763096,
          479.167528
        ]
      },
      {
        "date": "2026-01-16",
        "close": 479.975006,
        "volume": 4795,
        "typical_volume": 19296.2,
        "trend": 475.899168,
        "fair_value": 413.196794,
        "relative_strength": -7.150294,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.293062,
        "energy": 11.123303,
        "activity_lines": [
          477.249998,
          476.966364,
          480.687739,
          479.509518
        ]
      },
      {
        "date": "2026-01-23",
        "close": 470.075012,
        "volume": 25861,
        "typical_volume": 20109.0,
        "trend": 476.601668,
        "fair_value": 414.086538,
        "relative_strength": -7.872917,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -22.358655,
        "energy": 14.369575,
        "activity_lines": [
          475.356669,
          475.540002,
          479.623097,
          479.133766
        ]
      },
      {
        "date": "2026-01-30",
        "close": 456.274994,
        "volume": 25593,
        "typical_volume": 21250.95,
        "trend": 476.642502,
        "fair_value": 414.771954,
        "relative_strength": -10.923481,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -48.809854,
        "energy": 40.452699,
        "activity_lines": [
          469.016667,
          471.969546,
          477.211072,
          477.822367
        ]
      },
      {
        "date": "2026-02-06",
        "close": 444.0,
        "volume": 5999,
        "typical_volume": 20470.15,
        "trend": 476.150835,
        "fair_value": 415.435096,
        "relative_strength": -14.162119,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -86.230485,
        "energy": 81.692286,
        "activity_lines": [
          459.771667,
          466.427273,
          473.715358,
          475.716399
        ]
      },
      {
        "date": "2026-02-13",
        "close": 442.975006,
        "volume": 148837,
        "typical_volume": 26067.6,
        "trend": 475.366669,
        "fair_value": 416.084775,
        "relative_strength": -14.614003,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.103201,
        "energy": 91.186843,
        "activity_lines": [
          451.988336,
          461.409546,
          470.279049,
          473.576023
        ]
      },
      {
        "date": "2026-02-20",
        "close": 449.350006,
        "volume": 24722,
        "typical_volume": 26958.65,
        "trend": 474.647503,
        "fair_value": 416.81282,
        "relative_strength": -14.935063,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.701077,
        "energy": 87.602981,
        "activity_lines": [
          448.885004,
          458.280002,
          467.620002,
          471.897529
        ]
      },
      {
        "date": "2026-02-27",
        "close": 450.024994,
        "volume": 28991,
        "typical_volume": 28174.05,
        "trend": 474.047503,
        "fair_value": 417.513141,
        "relative_strength": -16.215217,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.633708,
        "energy": 87.358839,
        "activity_lines": [
          448.048334,
          455.712728,
          465.210477,
          470.30898
        ]
      },
      {
        "date": "2026-03-06",
        "close": 454.424988,
        "volume": 74420,
        "typical_volume": 26913.3,
        "trend": 473.512502,
        "fair_value": 418.318589,
        "relative_strength": -10.074164,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.868079,
        "energy": 80.256628,
        "activity_lines": [
          450.014996,
          454.351817,
          463.419643,
          469.043011
        ]
      },
      {
        "date": "2026-03-13",
        "close": 444.149994,
        "volume": 41601,
        "typical_volume": 25722.75,
        "trend": 472.667502,
        "fair_value": 419.087339,
        "relative_strength": -11.704137,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -73.743542,
        "energy": 62.146225,
        "activity_lines": [
          448.679995,
          451.479998,
          460.804285,
          467.148656
        ]
      },
      {
        "date": "2026-03-20",
        "close": 437.549988,
        "volume": 29970,
        "typical_volume": 27034.3,
        "trend": 471.470834,
        "fair_value": 419.817307,
        "relative_strength": -9.819966,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.048907,
        "energy": 65.839159,
        "activity_lines": [
          445.134992,
          447.897268,
          457.802141,
          464.88301
        ]
      },
      {
        "date": "2026-03-27",
        "close": 425.899994,
        "volume": 40982,
        "typical_volume": 28762.7,
        "trend": 469.993334,
        "fair_value": 420.407371,
        "relative_strength": -12.458079,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -87.411496,
        "energy": 72.382233,
        "activity_lines": [
          438.068325,
          442.991813,
          454.023569,
          461.942956
        ]
      },
      {
        "date": "2026-04-03",
        "close": 443.174988,
        "volume": 75691,
        "typical_volume": 31223.7,
        "trend": 469.328334,
        "fair_value": 421.148877,
        "relative_strength": -12.786126,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.590402,
        "energy": 61.523821,
        "activity_lines": [
          438.323324,
          442.210448,
          452.164401,
          460.21274
        ]
      },
      {
        "date": "2026-04-10",
        "close": 447.549988,
        "volume": 28199,
        "typical_volume": 31916.15,
        "trend": 468.439999,
        "fair_value": 421.889583,
        "relative_strength": -13.058843,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -61.92755,
        "energy": 55.452699,
        "activity_lines": [
          440.493323,
          442.713628,
          450.945591,
          458.807685
        ]
      },
      {
        "date": "2026-04-17",
        "close": 474.049988,
        "volume": 10657,
        "typical_volume": 32071.1,
        "trend": 468.342499,
        "fair_value": 422.785897,
        "relative_strength": -8.397737,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.792068,
        "energy": 15.881407,
        "activity_lines": [
          451.954989,
          448.193627,
          452.360232,
          459.16962
        ]
      },
      {
        "date": "2026-04-24",
        "close": 479.75,
        "volume": 44276,
        "typical_volume": 34069.1,
        "trend": 468.377498,
        "fair_value": 423.74439,
        "relative_strength": -4.659884,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 8.077912,
        "energy": 27.300145,
        "activity_lines": [
          463.323326,
          454.163628,
          454.360828,
          459.905588
        ]
      },
      {
        "date": "2026-05-01",
        "close": 478.125,
        "volume": 14274,
        "typical_volume": 34509.05,
        "trend": 468.039998,
        "fair_value": 424.707852,
        "relative_strength": -4.742524,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "mixed",
        "direction": 36.581772,
        "energy": 47.415164,
        "activity_lines": [
          471.336662,
          459.169539,
          456.222495,
          460.534459
        ]
      },
      {
        "date": "2026-05-08",
        "close": 488.149994,
        "volume": 11630,
        "typical_volume": 34853.75,
        "trend": 467.913331,
        "fair_value": 425.715384,
        "relative_strength": -1.438587,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 47.364519,
        "energy": 66.562327,
        "activity_lines": [
          479.209996,
          465.474993,
          459.017019,
          461.831878
        ]
      },
      {
        "date": "2026-05-15",
        "close": 499.700012,
        "volume": 8878,
        "typical_volume": 34805.45,
        "trend": 468.344165,
        "fair_value": 426.757211,
        "relative_strength": 1.346848,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 53.032564,
        "energy": 82.77878,
        "activity_lines": [
          487.935002,
          473.18727,
          462.836425,
          463.882632
        ]
      },
      {
        "date": "2026-05-22",
        "close": 501.75,
        "volume": 46104,
        "typical_volume": 35653.5,
        "trend": 468.571665,
        "fair_value": 427.789743,
        "relative_strength": -0.835856,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 57.947127,
        "energy": 84.45593,
        "activity_lines": [
          493.866669,
          480.449089,
          466.729044,
          466.037847
        ]
      },
      {
        "date": "2026-05-29",
        "close": 514.849976,
        "volume": 7813,
        "typical_volume": 34964.65,
        "trend": 468.816665,
        "fair_value": 428.891505,
        "relative_strength": 2.312857,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 91.002225,
        "energy": 96.265542,
        "activity_lines": [
          502.318327,
          489.045449,
          471.72309,
          469.023544
        ]
      },
      {
        "date": "2026-06-05",
        "close": 519.35,
        "volume": 1734,
        "typical_volume": 34811.6,
        "trend": 470.012498,
        "fair_value": 430.044871,
        "relative_strength": 3.617701,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.973659,
        "energy": 94.866611,
        "activity_lines": [
          509.929995,
          497.054541,
          476.985947,
          472.283759
        ]
      },
      {
        "date": "2026-06-12",
        "close": 510.05,
        "volume": 6926,
        "typical_volume": 33864.85,
        "trend": 470.675831,
        "fair_value": 431.10048,
        "relative_strength": 0.796831,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.254871,
        "energy": 86.919483,
        "activity_lines": [
          511.693329,
          501.673633,
          481.175591,
          474.866824
        ]
      },
      {
        "date": "2026-06-19",
        "close": 520.55,
        "volume": 27699,
        "typical_volume": 33970.15,
        "trend": 472.341664,
        "fair_value": 432.258813,
        "relative_strength": 3.959547,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.16094,
        "energy": 89.211675,
        "activity_lines": [
          515.496663,
          506.985906,
          486.174877,
          478.084512
        ]
      },
      {
        "date": "2026-06-26",
        "close": 506.15,
        "volume": 7188,
        "typical_volume": 34029.6,
        "trend": 473.109997,
        "fair_value": 433.257211,
        "relative_strength": -0.194611,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.843465,
        "energy": 65.240672,
        "activity_lines": [
          513.109998,
          508.352725,
          489.496663,
          480.265695
        ]
      },
      {
        "date": "2026-07-03",
        "close": 515.6,
        "volume": 2258,
        "typical_volume": 26700.65,
        "trend": 474.194164,
        "fair_value": 434.355608,
        "relative_strength": 0.17229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.842401,
        "energy": 64.230844,
        "activity_lines": [
          513.58,
          510.854089,
          493.422497,
          483.006986
        ]
      },
      {
        "date": "2026-07-10",
        "close": 516.75,
        "volume": 15803,
        "typical_volume": 26254.7,
        "trend": 475.634997,
        "fair_value": 435.442627,
        "relative_strength": 2.218363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.006319,
        "energy": 63.375638,
        "activity_lines": [
          514.383333,
          512.912726,
          497.112021,
          485.752524
        ]
      },
      {
        "date": "2026-07-17",
        "close": 506.1,
        "volume": 21560,
        "typical_volume": 25883.15,
        "trend": 476.759164,
        "fair_value": 436.388461,
        "relative_strength": -0.698029,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.579455,
        "energy": 51.907248,
        "activity_lines": [
          511.81,
          512.332726,
          499.466307,
          487.718008
        ]
      },
      {
        "date": "2026-07-24",
        "close": 511.7,
        "volume": 27719,
        "typical_volume": 23548.1,
        "trend": 478.01333,
        "fair_value": 437.38798,
        "relative_strength": -0.711391,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 51.310127,
        "energy": 50.271049,
        "activity_lines": [
          511.366667,
          512.444545,
          502.086903,
          489.972255
        ]
      },
      {
        "date": "2026-07-31",
        "close": 508.85,
        "volume": 57277,
        "typical_volume": 24331.9,
        "trend": 479.273331,
        "fair_value": 438.392147,
        "relative_strength": -2.275202,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.473882,
        "energy": 42.655006,
        "activity_lines": [
          510.563333,
          511.82,
          504.163332,
          491.961718
        ]
      },
      {
        "date": "2026-08-07",
        "close": 534.75,
        "volume": 3388,
        "typical_volume": 23002.8,
        "trend": 481.054998,
        "fair_value": 439.586057,
        "relative_strength": 2.497869,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.662897,
        "energy": 60.13279,
        "activity_lines": [
          518.213333,
          515.775455,
          508.398332,
          495.540858
        ]
      }
    ],
    "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."
    }
  }
}