{
  "ticker": {
    "uuid": "545a64a3-3108-4f84-92c3-d10584204f13",
    "symbol": "VJPU",
    "name": "Vanguard FTSE Japan UCITS ETF USD Hedged Accumulation",
    "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": "deceleration",
    "architecture_regime_label": "Deceleration",
    "architecture_modifier": "Recompressing",
    "architecture_gate": "up",
    "architecture_direction": 54.419,
    "architecture_energy": 31.544,
    "architecture_maturity": 59.295,
    "architecture_confidence": 86.963,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The upward structure remains, but its energy is decelerating.",
        "body": "Trend remains positive, but Activity or price acceptance is losing strength. This can become a healthy recompression, a re-acceleration, or a Rotation Down."
      },
      "scores": {
        "balance": 23.08,
        "rotation_up": 39.52,
        "upward_expansion": 63.67,
        "deceleration": 82.6,
        "rotation_down": 27.09,
        "downward_expansion": 20.34
      },
      "activity_lines": [
        81.335334,
        81.586273,
        80.462119,
        78.898957
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 82.800003,
    "trend_reference": 76.949333,
    "distance_from_trend": 0.076033,
    "trend_direction": "Improving",
    "fair_value": 55.834407,
    "distance_from_fair_value": 0.482957,
    "fair_value_direction": "Weakening",
    "relative_strength": 7.275031,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.110887,
    "excess_performance": 0.059652,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.076033,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.067537,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.482957,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.003616,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.07275,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.063255,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.110887,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 4.387516,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 5937,
      "relative_activity": 0.488429,
      "balance": 4.387516,
      "dry_up": 0.640852,
      "accumulation_observations": 2,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.03316,
      "annualized_volatility": 0.206365,
      "from_high_reference": -0.016277,
      "from_low_reference": 0.413693
    },
    "levels": {
      "trend_reference": 76.949333,
      "fair_value_reference": 55.834407,
      "structural_low": 68.110001,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 11,
        "median_return": 0.033694,
        "positive_rate": 0.818182,
        "directional_follow_through": 0.818182,
        "median_excess_return": 0.011369,
        "regime_survival": 0.272727,
        "best_return": 0.070606,
        "worst_return": -0.030474,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.028864,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.036753,
        "regime_survival": 0.142857,
        "best_return": 0.157738,
        "worst_return": -0.089945,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.073085,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.040991,
        "regime_survival": 0.0,
        "best_return": 0.226427,
        "worst_return": -0.027769,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.247485,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": 0.130808,
        "regime_survival": 0.666667,
        "best_return": 0.262129,
        "worst_return": -0.011378,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-10",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.006221,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-07-26",
        "tenure": "Developing",
        "return": -0.003982,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-08-02",
        "end": "2024-08-16",
        "tenure": "New",
        "return": 0.090729,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-23",
        "end": "2024-09-27",
        "tenure": "Developing",
        "return": -0.001689,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-10-04",
        "end": "2024-12-06",
        "tenure": "Developing",
        "return": 0.008209,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-13",
        "end": "2025-03-28",
        "tenure": "Established",
        "return": 0.00343,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-18",
        "tenure": "New",
        "return": 0.07277,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-25",
        "end": "2025-05-02",
        "tenure": "New",
        "return": 0.02349,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.010885,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-23",
        "end": "2025-06-06",
        "tenure": "New",
        "return": 0.031649,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-06-13",
        "end": "2026-03-20",
        "tenure": "Extended",
        "return": 0.322547,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.094317,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-07-31",
        "tenure": "Established",
        "return": 0.066225,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-08-07",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.0,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 38.029999,
        "volume": 164,
        "typical_volume": 2520.25,
        "trend": 35.504083,
        "fair_value": 30.944134,
        "relative_strength": 16.917085,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.067605,
        "energy": 54.308199,
        "activity_lines": [
          38.713999,
          38.671727,
          37.982226,
          36.90936
        ]
      },
      {
        "date": "2023-08-25",
        "close": 38.720001,
        "volume": 690,
        "typical_volume": 2404.75,
        "trend": 35.71425,
        "fair_value": 31.036426,
        "relative_strength": 17.27588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.221273,
        "energy": 43.613256,
        "activity_lines": [
          38.675333,
          38.681181,
          38.150524,
          37.116839
        ]
      },
      {
        "date": "2023-09-01",
        "close": 40.032501,
        "volume": 0,
        "typical_volume": 2404.75,
        "trend": 35.967583,
        "fair_value": 31.137099,
        "relative_strength": 18.653438,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.081579,
        "energy": 59.051602,
        "activity_lines": [
          39.0785,
          38.936091,
          38.415202,
          37.395435
        ]
      },
      {
        "date": "2023-09-08",
        "close": 40.369999,
        "volume": 200,
        "typical_volume": 2406.5,
        "trend": 36.230167,
        "fair_value": 31.236634,
        "relative_strength": 18.874065,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.598611,
        "energy": 63.166035,
        "activity_lines": [
          39.558833,
          39.218182,
          38.681678,
          37.679462
        ]
      },
      {
        "date": "2023-09-15",
        "close": 41.349998,
        "volume": 8032,
        "typical_volume": 2415.65,
        "trend": 36.521583,
        "fair_value": 31.342628,
        "relative_strength": 17.536913,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.009998,
        "energy": 90.399181,
        "activity_lines": [
          40.253166,
          39.654045,
          39.01144,
          38.009774
        ]
      },
      {
        "date": "2023-09-22",
        "close": 40.787498,
        "volume": 4544,
        "typical_volume": 2538.25,
        "trend": 36.79975,
        "fair_value": 31.446074,
        "relative_strength": 15.856235,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.729641,
        "energy": 87.557286,
        "activity_lines": [
          40.615499,
          39.931681,
          39.254619,
          38.284994
        ]
      },
      {
        "date": "2023-09-29",
        "close": 40.139999,
        "volume": 669,
        "typical_volume": 2571.55,
        "trend": 37.02825,
        "fair_value": 31.544904,
        "relative_strength": 14.71148,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.78964,
        "energy": 79.831753,
        "activity_lines": [
          40.578165,
          40.040045,
          39.406618,
          38.500494
        ]
      },
      {
        "date": "2023-10-06",
        "close": 39.212502,
        "volume": 2745,
        "typical_volume": 2699.7,
        "trend": 37.227916,
        "fair_value": 31.635577,
        "relative_strength": 13.353535,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.7662,
        "energy": 52.172254,
        "activity_lines": [
          40.137,
          39.955136,
          39.446797,
          38.641414
        ]
      },
      {
        "date": "2023-10-13",
        "close": 39.612499,
        "volume": 8,
        "typical_volume": 2700.1,
        "trend": 37.492167,
        "fair_value": 31.730657,
        "relative_strength": 12.569483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.878406,
        "energy": 33.006616,
        "activity_lines": [
          39.883833,
          39.948227,
          39.510559,
          38.795258
        ]
      },
      {
        "date": "2023-10-20",
        "close": 38.842499,
        "volume": 13333,
        "typical_volume": 2859.25,
        "trend": 37.7215,
        "fair_value": 31.820849,
        "relative_strength": 12.915469,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.233517,
        "energy": 22.178614,
        "activity_lines": [
          39.4245,
          39.784363,
          39.486238,
          38.882376
        ]
      },
      {
        "date": "2023-10-27",
        "close": 38.75,
        "volume": 100,
        "typical_volume": 2526.55,
        "trend": 37.895833,
        "fair_value": 31.913574,
        "relative_strength": 13.930728,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.178482,
        "energy": 21.902191,
        "activity_lines": [
          39.1015,
          39.609863,
          39.446011,
          38.948731
        ]
      },
      {
        "date": "2023-11-03",
        "close": 41.365002,
        "volume": 8736,
        "typical_volume": 2914.0,
        "trend": 38.184333,
        "fair_value": 32.015945,
        "relative_strength": 18.906846,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.340176,
        "energy": 27.468767,
        "activity_lines": [
          39.786,
          39.897727,
          39.649833,
          39.172548
        ]
      },
      {
        "date": "2023-11-10",
        "close": 40.639999,
        "volume": 1196,
        "typical_volume": 2916.1,
        "trend": 38.417,
        "fair_value": 32.108077,
        "relative_strength": 17.177671,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 56.398961,
        "energy": 32.851871,
        "activity_lines": [
          40.147167,
          40.005682,
          39.773797,
          39.330978
        ]
      },
      {
        "date": "2023-11-17",
        "close": 41.584999,
        "volume": 2720,
        "typical_volume": 3052.1,
        "trend": 38.667833,
        "fair_value": 32.203878,
        "relative_strength": 17.038256,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.571739,
        "energy": 57.608882,
        "activity_lines": [
          40.728166,
          40.274409,
          39.975916,
          39.535365
        ]
      },
      {
        "date": "2023-11-24",
        "close": 41.837502,
        "volume": 1129,
        "typical_volume": 2958.55,
        "trend": 38.915167,
        "fair_value": 32.296074,
        "relative_strength": 17.441925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.237593,
        "energy": 75.621108,
        "activity_lines": [
          41.261834,
          40.566955,
          40.189905,
          39.73986
        ]
      },
      {
        "date": "2023-12-01",
        "close": 41.462502,
        "volume": 2,
        "typical_volume": 2848.4,
        "trend": 39.14425,
        "fair_value": 32.386554,
        "relative_strength": 15.149012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.117857,
        "energy": 72.51924,
        "activity_lines": [
          41.470834,
          40.782455,
          40.351202,
          39.904204
        ]
      },
      {
        "date": "2023-12-08",
        "close": 40.622501,
        "volume": 13,
        "typical_volume": 2826.55,
        "trend": 39.32475,
        "fair_value": 32.472356,
        "relative_strength": 11.950993,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.778582,
        "energy": 60.753434,
        "activity_lines": [
          41.219001,
          40.832955,
          40.415786,
          39.999575
        ]
      },
      {
        "date": "2023-12-15",
        "close": 40.355,
        "volume": 1026,
        "typical_volume": 2627.85,
        "trend": 39.464417,
        "fair_value": 32.554311,
        "relative_strength": 10.43995,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.874693,
        "energy": 36.628708,
        "activity_lines": [
          40.927501,
          40.826046,
          40.446143,
          40.066043
        ]
      },
      {
        "date": "2023-12-22",
        "close": 40.822498,
        "volume": 694,
        "typical_volume": 2650.05,
        "trend": 39.608,
        "fair_value": 32.641025,
        "relative_strength": 9.448309,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.345883,
        "energy": 23.955957,
        "activity_lines": [
          40.810833,
          40.883364,
          40.516964,
          40.153661
        ]
      },
      {
        "date": "2023-12-29",
        "close": 41.5,
        "volume": 88,
        "typical_volume": 2304.45,
        "trend": 39.74625,
        "fair_value": 32.728141,
        "relative_strength": 10.199718,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.232499,
        "energy": 26.539936,
        "activity_lines": [
          40.970833,
          41.041864,
          40.642107,
          40.275726
        ]
      },
      {
        "date": "2024-01-05",
        "close": 42.209999,
        "volume": 2198,
        "typical_volume": 2406.15,
        "trend": 39.896583,
        "fair_value": 32.81492,
        "relative_strength": 12.051095,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 71.689808,
        "energy": 44.298229,
        "activity_lines": [
          41.389999,
          41.281136,
          40.823833,
          40.434677
        ]
      },
      {
        "date": "2024-01-12",
        "close": 43.9175,
        "volume": 5617,
        "typical_volume": 2652.5,
        "trend": 40.057333,
        "fair_value": 32.913445,
        "relative_strength": 16.72811,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.836953,
        "energy": 84.169621,
        "activity_lines": [
          42.328499,
          41.767954,
          41.148274,
          40.694091
        ]
      },
      {
        "date": "2024-01-19",
        "close": 44.205002,
        "volume": 349,
        "typical_volume": 2669.95,
        "trend": 40.259083,
        "fair_value": 33.013702,
        "relative_strength": 19.207333,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.49486,
        "energy": 92.327519,
        "activity_lines": [
          43.143167,
          42.260637,
          41.475345,
          40.961683
        ]
      },
      {
        "date": "2024-01-26",
        "close": 44.255001,
        "volume": 14532,
        "typical_volume": 3386.55,
        "trend": 40.433333,
        "fair_value": 33.117115,
        "relative_strength": 15.90747,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.680478,
        "energy": 91.779817,
        "activity_lines": [
          43.717834,
          42.697591,
          41.78731,
          41.219484
        ]
      },
      {
        "date": "2024-02-02",
        "close": 44.805,
        "volume": 3305,
        "typical_volume": 3150.2,
        "trend": 40.651083,
        "fair_value": 33.216763,
        "relative_strength": 16.850598,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.809442,
        "energy": 93.956694,
        "activity_lines": [
          44.247001,
          43.186,
          42.133155,
          41.501527
        ]
      },
      {
        "date": "2024-02-09",
        "close": 45.147499,
        "volume": 932,
        "typical_volume": 2969.6,
        "trend": 40.890917,
        "fair_value": 33.313942,
        "relative_strength": 17.584576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.684176,
        "energy": 93.534976,
        "activity_lines": [
          44.67,
          43.682727,
          42.495167,
          41.791618
        ]
      },
      {
        "date": "2024-02-16",
        "close": 46.41,
        "volume": 3478,
        "typical_volume": 3110.05,
        "trend": 41.145083,
        "fair_value": 33.418445,
        "relative_strength": 17.823529,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.019864,
        "energy": 97.13831,
        "activity_lines": [
          45.318,
          44.342,
          42.956655,
          42.147688
        ]
      },
      {
        "date": "2024-02-23",
        "close": 47.345001,
        "volume": 9390,
        "typical_volume": 3442.3,
        "trend": 41.4065,
        "fair_value": 33.535112,
        "relative_strength": 19.370977,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.213011,
        "energy": 97.701851,
        "activity_lines": [
          46.1115,
          45.066046,
          43.477334,
          42.547683
        ]
      },
      {
        "date": "2024-03-01",
        "close": 48.0,
        "volume": 3612,
        "typical_volume": 3622.5,
        "trend": 41.717167,
        "fair_value": 33.655993,
        "relative_strength": 20.470217,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.481966,
        "energy": 97.064435,
        "activity_lines": [
          46.914,
          45.782091,
          44.021667,
          42.97307
        ]
      },
      {
        "date": "2024-03-08",
        "close": 48.0,
        "volume": 32837,
        "typical_volume": 4597.7,
        "trend": 42.011083,
        "fair_value": 33.77117,
        "relative_strength": 19.948655,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.584671,
        "energy": 93.949295,
        "activity_lines": [
          47.466833,
          46.367637,
          44.52606,
          43.378414
        ]
      },
      {
        "date": "2024-03-15",
        "close": 47.43,
        "volume": 811,
        "typical_volume": 4633.25,
        "trend": 42.324417,
        "fair_value": 33.877452,
        "relative_strength": 16.704699,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.562948,
        "energy": 85.943905,
        "activity_lines": [
          47.616667,
          46.731364,
          44.93256,
          43.728022
        ]
      },
      {
        "date": "2024-03-22",
        "close": 49.755001,
        "volume": 3322,
        "typical_volume": 4362.55,
        "trend": 42.69225,
        "fair_value": 33.999647,
        "relative_strength": 18.436462,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.191165,
        "energy": 77.799104,
        "activity_lines": [
          48.389334,
          47.422909,
          45.519155,
          44.207414
        ]
      },
      {
        "date": "2024-03-29",
        "close": 49.465,
        "volume": 2780,
        "typical_volume": 4441.75,
        "trend": 43.006667,
        "fair_value": 34.120625,
        "relative_strength": 16.650787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.107417,
        "energy": 73.250374,
        "activity_lines": [
          48.842334,
          47.955591,
          46.038179,
          44.644366
        ]
      },
      {
        "date": "2024-04-05",
        "close": 48.669998,
        "volume": 844,
        "typical_volume": 4347.95,
        "trend": 43.283333,
        "fair_value": 34.236651,
        "relative_strength": 14.580363,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.903116,
        "energy": 67.563955,
        "activity_lines": [
          48.889,
          48.248091,
          46.439464,
          45.009742
        ]
      },
      {
        "date": "2024-04-12",
        "close": 48.93,
        "volume": 1471,
        "typical_volume": 4365.05,
        "trend": 43.536,
        "fair_value": 34.354888,
        "relative_strength": 13.228828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.62805,
        "energy": 67.242731,
        "activity_lines": [
          48.977666,
          48.507591,
          46.831774,
          45.374043
        ]
      },
      {
        "date": "2024-04-19",
        "close": 47.637501,
        "volume": 2287,
        "typical_volume": 4479.3,
        "trend": 43.764333,
        "fair_value": 34.46859,
        "relative_strength": 10.947063,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.659233,
        "energy": 63.007195,
        "activity_lines": [
          48.5735,
          48.457091,
          47.067214,
          45.638656
        ]
      },
      {
        "date": "2024-04-26",
        "close": 48.650002,
        "volume": 23441,
        "typical_volume": 5650.7,
        "trend": 44.048,
        "fair_value": 34.590753,
        "relative_strength": 9.290205,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.308473,
        "energy": 56.401953,
        "activity_lines": [
          48.493001,
          48.545409,
          47.369679,
          45.95386
        ]
      },
      {
        "date": "2024-05-03",
        "close": 48.674999,
        "volume": 4644,
        "typical_volume": 5831.6,
        "trend": 44.363417,
        "fair_value": 34.71,
        "relative_strength": 7.804401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.230098,
        "energy": 52.595378,
        "activity_lines": [
          48.4945,
          48.597546,
          47.636298,
          46.252377
        ]
      },
      {
        "date": "2024-05-10",
        "close": 49.029999,
        "volume": 2276,
        "typical_volume": 5910.7,
        "trend": 44.677333,
        "fair_value": 34.835785,
        "relative_strength": 5.285165,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.952671,
        "energy": 50.905206,
        "activity_lines": [
          48.667,
          48.690045,
          47.897107,
          46.553446
        ]
      },
      {
        "date": "2024-05-17",
        "close": 49.334999,
        "volume": 10945,
        "typical_volume": 6453.55,
        "trend": 45.027083,
        "fair_value": 34.961987,
        "relative_strength": 5.669527,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.268301,
        "energy": 60.348102,
        "activity_lines": [
          48.917166,
          48.819272,
          48.147881,
          46.853941
        ]
      },
      {
        "date": "2024-05-24",
        "close": 49.592499,
        "volume": 7406,
        "typical_volume": 6713.95,
        "trend": 45.3885,
        "fair_value": 35.08524,
        "relative_strength": 7.096204,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.212851,
        "energy": 62.380606,
        "activity_lines": [
          49.226166,
          48.971045,
          48.385869,
          47.148484
        ]
      },
      {
        "date": "2024-05-31",
        "close": 49.887501,
        "volume": 1822,
        "typical_volume": 6524.2,
        "trend": 45.672583,
        "fair_value": 35.20891,
        "relative_strength": 7.865957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.106147,
        "energy": 63.567783,
        "activity_lines": [
          49.503166,
          49.137136,
          48.616798,
          47.438742
        ]
      },
      {
        "date": "2024-06-07",
        "close": 49.880001,
        "volume": 1341,
        "typical_volume": 6573.8,
        "trend": 45.980583,
        "fair_value": 35.332628,
        "relative_strength": 7.847203,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.813905,
        "energy": 62.00272,
        "activity_lines": [
          49.695167,
          49.299455,
          48.818583,
          47.710188
        ]
      },
      {
        "date": "2024-06-14",
        "close": 49.290001,
        "volume": 8388,
        "typical_volume": 6266.6,
        "trend": 46.237417,
        "fair_value": 35.45625,
        "relative_strength": 7.515475,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.43878,
        "energy": 54.673386,
        "activity_lines": [
          49.610167,
          49.346955,
          48.937155,
          47.923699
        ]
      },
      {
        "date": "2024-06-21",
        "close": 49.220001,
        "volume": 3768,
        "typical_volume": 6289.75,
        "trend": 46.4835,
        "fair_value": 35.575304,
        "relative_strength": 5.867509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.923106,
        "energy": 50.978523,
        "activity_lines": [
          49.484501,
          49.370455,
          49.025084,
          48.116124
        ]
      },
      {
        "date": "2024-06-28",
        "close": 51.400002,
        "volume": 12333,
        "typical_volume": 6859.8,
        "trend": 46.81475,
        "fair_value": 35.709647,
        "relative_strength": 11.131339,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.519337,
        "energy": 62.04431,
        "activity_lines": [
          50.093168,
          49.785046,
          49.299608,
          48.433317
        ]
      },
      {
        "date": "2024-07-05",
        "close": 52.25,
        "volume": 4566,
        "typical_volume": 6914.2,
        "trend": 47.202333,
        "fair_value": 35.84992,
        "relative_strength": 12.00474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.95807,
        "energy": 70.525242,
        "activity_lines": [
          50.864668,
          50.285773,
          49.62531,
          48.783979
        ]
      },
      {
        "date": "2024-07-12",
        "close": 52.66,
        "volume": 68784,
        "typical_volume": 9883.9,
        "trend": 47.6125,
        "fair_value": 35.994663,
        "relative_strength": 11.731266,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.528664,
        "energy": 90.794727,
        "activity_lines": [
          51.615334,
          50.795591,
          49.96225,
          49.136086
        ]
      },
      {
        "date": "2024-07-19",
        "close": 51.625,
        "volume": 71880,
        "typical_volume": 13297.3,
        "trend": 47.972584,
        "fair_value": 36.130977,
        "relative_strength": 10.369049,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.973875,
        "energy": 85.316385,
        "activity_lines": [
          51.835667,
          51.044773,
          50.17531,
          49.394957
        ]
      },
      {
        "date": "2024-07-26",
        "close": 49.395,
        "volume": 191178,
        "typical_volume": 21214.35,
        "trend": 48.23575,
        "fair_value": 36.255977,
        "relative_strength": 3.65707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.915618,
        "energy": 51.560311,
        "activity_lines": [
          51.157,
          50.841319,
          50.158726,
          49.486726
        ]
      },
      {
        "date": "2024-08-02",
        "close": 44.142502,
        "volume": 32278,
        "typical_volume": 22787.7,
        "trend": 48.300167,
        "fair_value": 36.345144,
        "relative_strength": -6.19749,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -8.864929,
        "energy": 19.123778,
        "activity_lines": [
          48.715834,
          49.681773,
          49.635262,
          49.222646
        ]
      },
      {
        "date": "2024-08-09",
        "close": 44.619999,
        "volume": 35928,
        "typical_volume": 24418.0,
        "trend": 48.323584,
        "fair_value": 36.435785,
        "relative_strength": -5.187022,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.344487,
        "energy": 46.363739,
        "activity_lines": [
          46.917667,
          48.708137,
          49.172929,
          48.985215
        ]
      },
      {
        "date": "2024-08-16",
        "close": 48.147499,
        "volume": 23815,
        "typical_volume": 25469.75,
        "trend": 48.455,
        "fair_value": 36.555625,
        "relative_strength": 0.35824,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.259902,
        "energy": 38.110073,
        "activity_lines": [
          46.804,
          48.471636,
          49.071,
          48.973855
        ]
      },
      {
        "date": "2024-08-23",
        "close": 48.849998,
        "volume": 6762,
        "typical_volume": 25765.65,
        "trend": 48.608167,
        "fair_value": 36.675016,
        "relative_strength": 1.422757,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -22.080329,
        "energy": 34.879731,
        "activity_lines": [
          47.225332,
          48.394363,
          49.04225,
          48.999339
        ]
      },
      {
        "date": "2024-08-30",
        "close": 49.432499,
        "volume": 1065,
        "typical_volume": 25745.35,
        "trend": 48.762417,
        "fair_value": 36.788958,
        "relative_strength": 1.851972,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -9.171621,
        "energy": 16.014808,
        "activity_lines": [
          48.025832,
          48.430999,
          49.068119,
          49.052521
        ]
      },
      {
        "date": "2024-09-06",
        "close": 45.990002,
        "volume": 3051,
        "typical_volume": 25783.55,
        "trend": 48.7905,
        "fair_value": 36.875561,
        "relative_strength": -3.053084,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -34.729869,
        "energy": 18.368699,
        "activity_lines": [
          47.676333,
          47.837863,
          48.763738,
          48.873656
        ]
      },
      {
        "date": "2024-09-13",
        "close": 46.740002,
        "volume": 1424,
        "typical_volume": 24682.7,
        "trend": 48.8015,
        "fair_value": 36.966603,
        "relative_strength": -2.655787,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -54.822399,
        "energy": 27.15713,
        "activity_lines": [
          47.453667,
          47.479455,
          48.538631,
          48.741366
        ]
      },
      {
        "date": "2024-09-20",
        "close": 48.767502,
        "volume": 2970,
        "typical_volume": 24599.0,
        "trend": 48.848917,
        "fair_value": 37.071266,
        "relative_strength": 1.890287,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -34.345939,
        "energy": 18.950933,
        "activity_lines": [
          47.765501,
          47.589864,
          48.515715,
          48.739172
        ]
      },
      {
        "date": "2024-09-27",
        "close": 48.767502,
        "volume": 5221,
        "typical_volume": 24746.25,
        "trend": 48.8745,
        "fair_value": 37.184263,
        "relative_strength": 0.583861,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "down",
        "direction": -32.298337,
        "energy": 19.098767,
        "activity_lines": [
          48.036002,
          47.771046,
          48.492358,
          48.73392
        ]
      },
      {
        "date": "2024-10-04",
        "close": 50.555,
        "volume": 52080,
        "typical_volume": 26803.0,
        "trend": 48.959667,
        "fair_value": 37.310689,
        "relative_strength": 4.475754,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -8.851346,
        "energy": 9.590646,
        "activity_lines": [
          48.907835,
          48.329183,
          48.640489,
          48.842339
        ]
      },
      {
        "date": "2024-10-11",
        "close": 50.384998,
        "volume": 338,
        "typical_volume": 26449.6,
        "trend": 49.058167,
        "fair_value": 37.429343,
        "relative_strength": 4.157999,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 17.551912,
        "energy": 20.172112,
        "activity_lines": [
          49.648167,
          48.835319,
          48.766619,
          48.934296
        ]
      },
      {
        "date": "2024-10-18",
        "close": 49.779999,
        "volume": 12684,
        "typical_volume": 26992.7,
        "trend": 49.059,
        "fair_value": 37.547051,
        "relative_strength": 1.383878,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 13.823032,
        "energy": 20.297801,
        "activity_lines": [
          49.893833,
          49.117955,
          48.831357,
          48.980866
        ]
      },
      {
        "date": "2024-10-25",
        "close": 48.907501,
        "volume": 14027,
        "typical_volume": 27627.0,
        "trend": 49.040417,
        "fair_value": 37.659151,
        "relative_strength": 0.72654,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 14.176565,
        "energy": 18.654087,
        "activity_lines": [
          49.646,
          49.148137,
          48.813512,
          48.971092
        ]
      },
      {
        "date": "2024-11-01",
        "close": 49.82,
        "volume": 1995,
        "typical_volume": 27307.35,
        "trend": 49.07875,
        "fair_value": 37.772692,
        "relative_strength": 3.330076,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 15.333743,
        "energy": 23.696385,
        "activity_lines": [
          49.693,
          49.330409,
          48.887203,
          49.021387
        ]
      },
      {
        "date": "2024-11-08",
        "close": 50.535,
        "volume": 1268,
        "typical_volume": 27182.35,
        "trend": 49.13225,
        "fair_value": 37.891122,
        "relative_strength": 5.918505,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 23.534314,
        "energy": 25.747087,
        "activity_lines": [
          49.908167,
          49.625046,
          49.026464,
          49.115339
        ]
      },
      {
        "date": "2024-11-15",
        "close": 49.939999,
        "volume": 43697,
        "typical_volume": 28750.55,
        "trend": 49.209,
        "fair_value": 38.006106,
        "relative_strength": 4.563897,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 15.888765,
        "energy": 20.771258,
        "activity_lines": [
          49.926333,
          49.791454,
          49.102798,
          49.167452
        ]
      },
      {
        "date": "2024-11-22",
        "close": 50.259998,
        "volume": 708,
        "typical_volume": 28557.65,
        "trend": 49.262667,
        "fair_value": 38.133013,
        "relative_strength": 2.540472,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 20.741022,
        "energy": 30.167262,
        "activity_lines": [
          50.080832,
          49.944227,
          49.216559,
          49.235258
        ]
      },
      {
        "date": "2024-11-29",
        "close": 50.005001,
        "volume": 100726,
        "typical_volume": 30154.75,
        "trend": 49.307,
        "fair_value": 38.258157,
        "relative_strength": 1.536483,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": 26.379161,
        "energy": 29.290777,
        "activity_lines": [
          50.118333,
          49.986636,
          49.315512,
          49.283151
        ]
      },
      {
        "date": "2024-12-06",
        "close": 50.970001,
        "volume": 1314,
        "typical_volume": 26626.45,
        "trend": 49.371667,
        "fair_value": 38.385112,
        "relative_strength": 2.978238,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 66.842201,
        "energy": 50.208758,
        "activity_lines": [
          50.404333,
          50.182,
          49.519012,
          49.390441
        ]
      },
      {
        "date": "2024-12-13",
        "close": 51.02,
        "volume": 13951,
        "typical_volume": 17765.1,
        "trend": 49.427834,
        "fair_value": 38.511522,
        "relative_strength": 2.909797,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.650749,
        "energy": 55.655085,
        "activity_lines": [
          50.630333,
          50.346409,
          49.730393,
          49.496785
        ]
      },
      {
        "date": "2024-12-20",
        "close": 50.744999,
        "volume": 94633,
        "typical_volume": 20882.85,
        "trend": 49.46625,
        "fair_value": 38.636506,
        "relative_strength": 4.757663,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.513675,
        "energy": 57.075059,
        "activity_lines": [
          50.732333,
          50.452363,
          49.907845,
          49.581763
        ]
      },
      {
        "date": "2024-12-27",
        "close": 51.965,
        "volume": 9029,
        "typical_volume": 19537.9,
        "trend": 49.5355,
        "fair_value": 38.768846,
        "relative_strength": 6.074223,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.01181,
        "energy": 72.927439,
        "activity_lines": [
          51.187333,
          50.773591,
          50.170048,
          49.742973
        ]
      },
      {
        "date": "2025-01-03",
        "close": 51.490002,
        "volume": 1589,
        "typical_volume": 18426.6,
        "trend": 49.589167,
        "fair_value": 38.898077,
        "relative_strength": 3.899816,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.475995,
        "energy": 69.519186,
        "activity_lines": [
          51.370334,
          50.968727,
          50.352036,
          49.86907
        ]
      },
      {
        "date": "2025-01-10",
        "close": 50.099998,
        "volume": 3801,
        "typical_volume": 18278.55,
        "trend": 49.616167,
        "fair_value": 39.019535,
        "relative_strength": 0.693771,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.773379,
        "energy": 40.51901,
        "activity_lines": [
          50.991,
          50.864182,
          50.385726,
          49.902027
        ]
      },
      {
        "date": "2025-01-17",
        "close": 50.66,
        "volume": 6229,
        "typical_volume": 18536.75,
        "trend": 49.664167,
        "fair_value": 39.149471,
        "relative_strength": -1.263926,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 44.957891,
        "energy": 31.154029,
        "activity_lines": [
          50.856333,
          50.856364,
          50.466798,
          49.969371
        ]
      },
      {
        "date": "2025-01-24",
        "close": 52.16,
        "volume": 100,
        "typical_volume": 18389.2,
        "trend": 49.6895,
        "fair_value": 39.295513,
        "relative_strength": 1.583433,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.874096,
        "energy": 41.803413,
        "activity_lines": [
          51.245667,
          51.119,
          50.684881,
          50.130392
        ]
      },
      {
        "date": "2025-01-31",
        "close": 52.220001,
        "volume": 4200,
        "typical_volume": 18528.0,
        "trend": 49.6885,
        "fair_value": 39.437099,
        "relative_strength": -0.355109,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.422876,
        "energy": 43.548014,
        "activity_lines": [
          51.560667,
          51.352182,
          50.879298,
          50.293651
        ]
      },
      {
        "date": "2025-02-07",
        "close": 50.779999,
        "volume": 14096,
        "typical_volume": 19084.3,
        "trend": 49.625833,
        "fair_value": 39.566699,
        "relative_strength": -3.359407,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.602367,
        "energy": 38.158971,
        "activity_lines": [
          51.378666,
          51.287909,
          50.910476,
          50.36407
        ]
      },
      {
        "date": "2025-02-14",
        "close": 51.555,
        "volume": 5040,
        "typical_volume": 19075.25,
        "trend": 49.6235,
        "fair_value": 39.704695,
        "relative_strength": -2.208428,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.749469,
        "energy": 48.205414,
        "activity_lines": [
          51.502333,
          51.350454,
          51.005881,
          50.488532
        ]
      },
      {
        "date": "2025-02-21",
        "close": 50.880001,
        "volume": 342,
        "typical_volume": 16488.35,
        "trend": 49.673,
        "fair_value": 39.839247,
        "relative_strength": -2.590928,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.24498,
        "energy": 29.751645,
        "activity_lines": [
          51.304,
          51.279636,
          51.023726,
          50.569597
        ]
      },
      {
        "date": "2025-02-28",
        "close": 50.52,
        "volume": 2412,
        "typical_volume": 16592.05,
        "trend": 49.885583,
        "fair_value": 39.978958,
        "relative_strength": -4.774398,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 30.151514,
        "energy": 16.941854,
        "activity_lines": [
          50.971,
          51.145909,
          51.005738,
          50.624242
        ]
      },
      {
        "date": "2025-03-07",
        "close": 50.424999,
        "volume": 26179,
        "typical_volume": 17266.8,
        "trend": 50.079083,
        "fair_value": 40.120577,
        "relative_strength": -3.391095,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 21.062558,
        "energy": 13.626318,
        "activity_lines": [
          50.715666,
          50.999,
          50.978059,
          50.659043
        ]
      },
      {
        "date": "2025-03-14",
        "close": 51.355,
        "volume": 28237,
        "typical_volume": 17977.3,
        "trend": 50.186,
        "fair_value": 40.256042,
        "relative_strength": -1.007014,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 32.168337,
        "energy": 17.181795,
        "activity_lines": [
          50.89,
          51.049182,
          51.035881,
          50.74136
        ]
      },
      {
        "date": "2025-03-21",
        "close": 52.369999,
        "volume": 103793,
        "typical_volume": 23067.2,
        "trend": 50.303333,
        "fair_value": 40.392484,
        "relative_strength": 0.850261,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.407879,
        "energy": 27.145818,
        "activity_lines": [
          51.364333,
          51.286363,
          51.178714,
          50.882263
        ]
      },
      {
        "date": "2025-03-28",
        "close": 51.195,
        "volume": 2775,
        "typical_volume": 23142.55,
        "trend": 50.362083,
        "fair_value": 40.522644,
        "relative_strength": -1.453182,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.366172,
        "energy": 23.785286,
        "activity_lines": [
          51.392666,
          51.268636,
          51.1975,
          50.93979
        ]
      },
      {
        "date": "2025-04-04",
        "close": 45.005001,
        "volume": 8524,
        "typical_volume": 21383.9,
        "trend": 50.32925,
        "fair_value": 40.617644,
        "relative_strength": -6.704646,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -43.625094,
        "energy": 47.835969,
        "activity_lines": [
          49.336667,
          50.115727,
          50.623619,
          50.594172
        ]
      },
      {
        "date": "2025-04-11",
        "close": 45.872501,
        "volume": 14698,
        "typical_volume": 22083.4,
        "trend": 50.300333,
        "fair_value": 40.718413,
        "relative_strength": -3.710913,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -51.237637,
        "energy": 66.567417,
        "activity_lines": [
          47.9375,
          49.250637,
          50.155857,
          50.30664
        ]
      },
      {
        "date": "2025-04-18",
        "close": 48.279999,
        "volume": 101,
        "typical_volume": 17052.15,
        "trend": 50.284083,
        "fair_value": 40.834679,
        "relative_strength": -2.409487,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -57.133403,
        "energy": 70.446112,
        "activity_lines": [
          47.644333,
          48.938682,
          49.938274,
          50.176296
        ]
      },
      {
        "date": "2025-04-25",
        "close": 50.235001,
        "volume": 1072,
        "typical_volume": 17040.05,
        "trend": 50.333,
        "fair_value": 40.960881,
        "relative_strength": -0.139865,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.297509,
        "energy": 63.105114,
        "activity_lines": [
          48.207834,
          49.027637,
          49.915095,
          50.173129
        ]
      },
      {
        "date": "2025-05-02",
        "close": 51.415001,
        "volume": 78519,
        "typical_volume": 20268.45,
        "trend": 50.361667,
        "fair_value": 41.096282,
        "relative_strength": 0.03501,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -32.793574,
        "energy": 21.101497,
        "activity_lines": [
          49.307001,
          49.355137,
          50.007798,
          50.242936
        ]
      },
      {
        "date": "2025-05-09",
        "close": 51.904999,
        "volume": 726,
        "typical_volume": 15573.1,
        "trend": 50.412333,
        "fair_value": 41.237901,
        "relative_strength": 1.396672,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.413181,
        "energy": 17.132091,
        "activity_lines": [
          50.554833,
          49.762,
          50.145286,
          50.342505
        ]
      },
      {
        "date": "2025-05-16",
        "close": 52.470001,
        "volume": 19269,
        "typical_volume": 16085.1,
        "trend": 50.502,
        "fair_value": 41.383077,
        "relative_strength": 0.909196,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 16.922151,
        "energy": 27.853144,
        "activity_lines": [
          51.531,
          50.246409,
          50.33106,
          50.475258
        ]
      },
      {
        "date": "2025-05-23",
        "close": 51.66,
        "volume": 2896,
        "typical_volume": 16150.45,
        "trend": 50.59375,
        "fair_value": 41.519824,
        "relative_strength": -1.017552,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 18.858791,
        "energy": 29.148877,
        "activity_lines": [
          51.797334,
          50.546364,
          50.437286,
          50.549968
        ]
      },
      {
        "date": "2025-05-30",
        "close": 53.0,
        "volume": 8581,
        "typical_volume": 16389.45,
        "trend": 50.69975,
        "fair_value": 41.66258,
        "relative_strength": 0.915893,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.116196,
        "energy": 46.87389,
        "activity_lines": [
          52.285,
          51.084409,
          50.670322,
          50.70521
        ]
      },
      {
        "date": "2025-06-06",
        "close": 53.294998,
        "volume": 971,
        "typical_volume": 16126.55,
        "trend": 50.79175,
        "fair_value": 41.808702,
        "relative_strength": 0.731712,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 65.984011,
        "energy": 61.7522,
        "activity_lines": [
          52.686666,
          51.664636,
          50.917643,
          50.872645
        ]
      },
      {
        "date": "2025-06-13",
        "close": 53.154999,
        "volume": 2037,
        "typical_volume": 16223.4,
        "trend": 50.898917,
        "fair_value": 41.961699,
        "relative_strength": 0.337242,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.731852,
        "energy": 57.082603,
        "activity_lines": [
          52.916333,
          52.181227,
          51.139083,
          51.025113
        ]
      },
      {
        "date": "2025-06-20",
        "close": 52.939999,
        "volume": 1947,
        "typical_volume": 16110.75,
        "trend": 50.98825,
        "fair_value": 42.108333,
        "relative_strength": 0.776916,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.960979,
        "energy": 54.444457,
        "activity_lines": [
          52.990999,
          52.510545,
          51.335309,
          51.156796
        ]
      },
      {
        "date": "2025-06-27",
        "close": 54.935001,
        "volume": 3492,
        "typical_volume": 15580.55,
        "trend": 51.152583,
        "fair_value": 42.270304,
        "relative_strength": 4.304573,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.33807,
        "energy": 66.59339,
        "activity_lines": [
          53.699333,
          53.074091,
          51.718107,
          51.411425
        ]
      },
      {
        "date": "2025-07-04",
        "close": 54.145,
        "volume": 4198,
        "typical_volume": 15538.45,
        "trend": 51.258417,
        "fair_value": 42.422003,
        "relative_strength": 2.601449,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.101086,
        "energy": 71.140135,
        "activity_lines": [
          53.926,
          53.373,
          52.005881,
          51.604484
        ]
      },
      {
        "date": "2025-07-11",
        "close": 53.919998,
        "volume": 2890,
        "typical_volume": 15665.85,
        "trend": 51.355083,
        "fair_value": 42.572628,
        "relative_strength": 0.938008,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.845937,
        "energy": 75.942391,
        "activity_lines": [
          54.001333,
          53.559908,
          52.259893,
          51.776199
        ]
      },
      {
        "date": "2025-07-18",
        "close": 54.18,
        "volume": 3073,
        "typical_volume": 15698.9,
        "trend": 51.469583,
        "fair_value": 42.720497,
        "relative_strength": 0.948473,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.818626,
        "energy": 79.683049,
        "activity_lines": [
          54.121666,
          53.748545,
          52.52419,
          51.958451
        ]
      },
      {
        "date": "2025-07-25",
        "close": 56.400002,
        "volume": 1296,
        "typical_volume": 14454.75,
        "trend": 51.617417,
        "fair_value": 42.882965,
        "relative_strength": 3.533428,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 87.785772,
        "energy": 90.443413,
        "activity_lines": [
          54.913667,
          54.299454,
          52.982488,
          52.276543
        ]
      },
      {
        "date": "2025-08-01",
        "close": 55.465,
        "volume": 9282,
        "typical_volume": 13507.0,
        "trend": 51.749917,
        "fair_value": 43.039647,
        "relative_strength": 2.161908,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.359082,
        "energy": 84.43861,
        "activity_lines": [
          55.163334,
          54.608909,
          53.323286,
          52.524774
        ]
      },
      {
        "date": "2025-08-08",
        "close": 58.575001,
        "volume": 2231,
        "typical_volume": 8428.9,
        "trend": 52.032417,
        "fair_value": 43.212788,
        "relative_strength": 7.232231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.540985,
        "energy": 94.942604,
        "activity_lines": [
          56.414334,
          55.414637,
          53.940702,
          52.965102
        ]
      },
      {
        "date": "2025-08-15",
        "close": 59.865002,
        "volume": 4430,
        "typical_volume": 8511.65,
        "trend": 52.33925,
        "fair_value": 43.393029,
        "relative_strength": 8.811774,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.816917,
        "energy": 97.185182,
        "activity_lines": [
          57.800001,
          56.353546,
          54.651429,
          53.47043
        ]
      },
      {
        "date": "2025-08-22",
        "close": 59.959999,
        "volume": 223,
        "typical_volume": 8096.6,
        "trend": 52.59925,
        "fair_value": 43.575962,
        "relative_strength": 6.657628,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.581983,
        "energy": 95.174594,
        "activity_lines": [
          58.821001,
          57.190273,
          55.329917,
          53.962091
        ]
      },
      {
        "date": "2025-08-29",
        "close": 58.720001,
        "volume": 1911,
        "typical_volume": 7457.25,
        "trend": 52.815917,
        "fair_value": 43.752917,
        "relative_strength": 5.811133,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.519868,
        "energy": 88.678689,
        "activity_lines": [
          59.043334,
          57.677819,
          55.819095,
          54.356979
        ]
      },
      {
        "date": "2025-09-05",
        "close": 59.52,
        "volume": 757,
        "typical_volume": 7490.05,
        "trend": 53.10725,
        "fair_value": 43.932292,
        "relative_strength": 6.722975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.897143,
        "energy": 88.036181,
        "activity_lines": [
          59.377667,
          58.205728,
          56.323286,
          54.7895
        ]
      },
      {
        "date": "2025-09-12",
        "close": 60.93,
        "volume": 2910,
        "typical_volume": 7581.95,
        "trend": 53.41975,
        "fair_value": 44.124519,
        "relative_strength": 8.053873,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.586259,
        "energy": 73.052073,
        "activity_lines": [
          59.911667,
          58.906637,
          56.908238,
          55.294194
        ]
      },
      {
        "date": "2025-09-19",
        "close": 61.119999,
        "volume": 4277,
        "typical_volume": 3869.85,
        "trend": 53.761083,
        "fair_value": 44.323253,
        "relative_strength": 8.930616,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.189917,
        "energy": 71.381384,
        "activity_lines": [
          60.352,
          59.518727,
          57.460357,
          55.790984
        ]
      },
      {
        "date": "2025-09-26",
        "close": 61.490002,
        "volume": 732,
        "typical_volume": 3870.15,
        "trend": 54.12675,
        "fair_value": 44.524792,
        "relative_strength": 8.525119,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.655585,
        "energy": 71.819985,
        "activity_lines": [
          60.832,
          60.067182,
          58.0015,
          56.289624
        ]
      },
      {
        "date": "2025-10-03",
        "close": 61.625,
        "volume": 2526,
        "typical_volume": 3033.0,
        "trend": 54.500083,
        "fair_value": 44.72359,
        "relative_strength": 6.267255,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.616446,
        "energy": 69.97507,
        "activity_lines": [
          61.255,
          60.507273,
          58.509857,
          56.773382
        ]
      },
      {
        "date": "2025-10-10",
        "close": 61.150002,
        "volume": 1691,
        "typical_volume": 2972.75,
        "trend": 54.826583,
        "fair_value": 44.919984,
        "relative_strength": 6.034346,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.251906,
        "energy": 65.936162,
        "activity_lines": [
          61.326001,
          60.766001,
          58.929381,
          57.202409
        ]
      },
      {
        "date": "2025-10-17",
        "close": 62.68,
        "volume": 3298,
        "typical_volume": 2708.6,
        "trend": 55.17025,
        "fair_value": 45.12649,
        "relative_strength": 9.278537,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.251437,
        "energy": 69.40919,
        "activity_lines": [
          61.798334,
          61.199546,
          59.449429,
          57.709081
        ]
      },
      {
        "date": "2025-10-24",
        "close": 63.93,
        "volume": 404,
        "typical_volume": 2680.25,
        "trend": 55.59475,
        "fair_value": 45.33718,
        "relative_strength": 7.858828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.095433,
        "energy": 72.799071,
        "activity_lines": [
          62.570667,
          61.785728,
          60.042429,
          58.274226
        ]
      },
      {
        "date": "2025-10-31",
        "close": 65.32,
        "volume": 5993,
        "typical_volume": 2878.05,
        "trend": 56.271917,
        "fair_value": 45.55508,
        "relative_strength": 9.175726,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.182605,
        "energy": 74.660175,
        "activity_lines": [
          63.619,
          62.550728,
          60.717167,
          58.901662
        ]
      },
      {
        "date": "2025-11-07",
        "close": 64.445,
        "volume": 2221,
        "typical_volume": 2891.75,
        "trend": 56.891,
        "fair_value": 45.763013,
        "relative_strength": 7.965892,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.739982,
        "energy": 87.073866,
        "activity_lines": [
          64.120333,
          63.059182,
          61.250643,
          59.428957
        ]
      },
      {
        "date": "2025-11-14",
        "close": 66.309998,
        "volume": 1442,
        "typical_volume": 2789.25,
        "trend": 57.492,
        "fair_value": 45.982035,
        "relative_strength": 10.68702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.922747,
        "energy": 93.21507,
        "activity_lines": [
          65.055333,
          63.802636,
          61.906953,
          60.036635
        ]
      },
      {
        "date": "2025-11-21",
        "close": 64.660004,
        "volume": 13278,
        "typical_volume": 3243.25,
        "trend": 57.972834,
        "fair_value": 46.184744,
        "relative_strength": 9.491498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.840301,
        "energy": 68.017652,
        "activity_lines": [
          65.096334,
          64.122637,
          62.351953,
          60.499086
        ]
      },
      {
        "date": "2025-11-28",
        "close": 66.349998,
        "volume": 45398,
        "typical_volume": 5368.65,
        "trend": 58.470667,
        "fair_value": 46.406122,
        "relative_strength": 9.992911,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.232701,
        "energy": 70.138475,
        "activity_lines": [
          65.568667,
          64.682091,
          62.907834,
          61.039549
        ]
      },
      {
        "date": "2025-12-05",
        "close": 66.455002,
        "volume": 2694,
        "typical_volume": 5349.7,
        "trend": 58.955667,
        "fair_value": 46.626603,
        "relative_strength": 10.523293,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.947816,
        "energy": 68.811573,
        "activity_lines": [
          65.914667,
          65.165546,
          63.414524,
          61.554667
        ]
      },
      {
        "date": "2025-12-12",
        "close": 67.059998,
        "volume": 8894,
        "typical_volume": 5729.6,
        "trend": 59.442,
        "fair_value": 46.854215,
        "relative_strength": 11.460747,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.385238,
        "energy": 68.462012,
        "activity_lines": [
          66.386667,
          65.668727,
          63.920381,
          62.077527
        ]
      },
      {
        "date": "2025-12-19",
        "close": 67.68,
        "volume": 419990,
        "typical_volume": 26265.0,
        "trend": 59.976,
        "fair_value": 47.090369,
        "relative_strength": 9.478442,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.503068,
        "energy": 69.267629,
        "activity_lines": [
          66.891,
          66.185818,
          64.434524,
          62.609011
        ]
      },
      {
        "date": "2025-12-26",
        "close": 67.269997,
        "volume": 20635,
        "typical_volume": 27185.2,
        "trend": 60.451667,
        "fair_value": 47.325465,
        "relative_strength": 8.962333,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.822273,
        "energy": 64.983336,
        "activity_lines": [
          67.167332,
          66.509636,
          64.851452,
          63.079591
        ]
      },
      {
        "date": "2026-01-02",
        "close": 67.970001,
        "volume": 9135,
        "typical_volume": 27420.45,
        "trend": 60.940833,
        "fair_value": 47.56492,
        "relative_strength": 9.015791,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.928908,
        "energy": 66.563519,
        "activity_lines": [
          67.502999,
          66.877272,
          65.293643,
          63.564645
        ]
      },
      {
        "date": "2026-01-09",
        "close": 71.160004,
        "volume": 12010,
        "typical_volume": 28009.8,
        "trend": 61.541,
        "fair_value": 47.824183,
        "relative_strength": 11.848642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.770303,
        "energy": 74.463894,
        "activity_lines": [
          68.794001,
          67.751455,
          66.001048,
          64.223947
        ]
      },
      {
        "date": "2026-01-16",
        "close": 72.125,
        "volume": 16860,
        "typical_volume": 28757.25,
        "trend": 62.1805,
        "fair_value": 48.082724,
        "relative_strength": 11.766365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.323313,
        "energy": 87.537673,
        "activity_lines": [
          70.093001,
          68.694909,
          66.747024,
          64.906785
        ]
      },
      {
        "date": "2026-01-23",
        "close": 71.0,
        "volume": 17579,
        "typical_volume": 29598.35,
        "trend": 62.716,
        "fair_value": 48.330064,
        "relative_strength": 10.727749,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.220169,
        "energy": 84.483029,
        "activity_lines": [
          70.679334,
          69.294182,
          67.322024,
          65.475785
        ]
      },
      {
        "date": "2026-01-30",
        "close": 70.739998,
        "volume": 25484,
        "typical_volume": 30727.05,
        "trend": 63.269167,
        "fair_value": 48.575625,
        "relative_strength": 9.159347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.855929,
        "energy": 82.514372,
        "activity_lines": [
          70.957667,
          69.760909,
          67.817595,
          65.993462
        ]
      },
      {
        "date": "2026-02-06",
        "close": 74.535004,
        "volume": 17965,
        "typical_volume": 31411.45,
        "trend": 63.956334,
        "fair_value": 48.845128,
        "relative_strength": 12.929824,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.628345,
        "energy": 80.209899,
        "activity_lines": [
          72.269668,
          70.807092,
          68.627881,
          66.720291
        ]
      },
      {
        "date": "2026-02-13",
        "close": 76.629997,
        "volume": 16643,
        "typical_volume": 32207.0,
        "trend": 64.704667,
        "fair_value": 49.127324,
        "relative_strength": 14.756216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.51647,
        "energy": 82.883595,
        "activity_lines": [
          73.842333,
          72.085364,
          69.57381,
          67.537946
        ]
      },
      {
        "date": "2026-02-20",
        "close": 75.800003,
        "volume": 4166,
        "typical_volume": 32289.0,
        "trend": 65.351334,
        "fair_value": 49.405256,
        "relative_strength": 10.553945,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.278814,
        "energy": 84.015674,
        "activity_lines": [
          74.773667,
          73.027728,
          70.368596,
          68.253775
        ]
      },
      {
        "date": "2026-02-27",
        "close": 77.739998,
        "volume": 7100,
        "typical_volume": 32559.45,
        "trend": 66.093834,
        "fair_value": 49.690224,
        "relative_strength": 10.597728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.19927,
        "energy": 89.413697,
        "activity_lines": [
          76.106667,
          74.163909,
          71.280643,
          69.053043
        ]
      },
      {
        "date": "2026-03-06",
        "close": 71.529999,
        "volume": 25745,
        "typical_volume": 33681.8,
        "trend": 66.525667,
        "fair_value": 49.935785,
        "relative_strength": 7.587094,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.320221,
        "energy": 63.642769,
        "activity_lines": [
          74.920333,
          73.988091,
          71.522262,
          69.403764
        ]
      },
      {
        "date": "2026-03-13",
        "close": 71.684998,
        "volume": 51844,
        "typical_volume": 36253.8,
        "trend": 66.919667,
        "fair_value": 50.192196,
        "relative_strength": 7.735889,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.746918,
        "energy": 45.580875,
        "activity_lines": [
          73.732999,
          73.763,
          71.7365,
          69.736624
        ]
      },
      {
        "date": "2026-03-20",
        "close": 70.300003,
        "volume": 13695,
        "typical_volume": 36638.9,
        "trend": 67.264334,
        "fair_value": 50.437949,
        "relative_strength": 8.973797,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.74178,
        "energy": 26.88713,
        "activity_lines": [
          72.274,
          73.218546,
          71.781905,
          69.95471
        ]
      },
      {
        "date": "2026-03-27",
        "close": 70.559998,
        "volume": 13990,
        "typical_volume": 37227.35,
        "trend": 67.659,
        "fair_value": 50.675385,
        "relative_strength": 8.46388,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.33437,
        "energy": 28.228367,
        "activity_lines": [
          71.323666,
          72.737,
          71.828357,
          70.167333
        ]
      },
      {
        "date": "2026-04-03",
        "close": 73.160004,
        "volume": 2971,
        "typical_volume": 37303.8,
        "trend": 68.113667,
        "fair_value": 50.93468,
        "relative_strength": 6.959315,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.032879,
        "energy": 24.139793,
        "activity_lines": [
          71.589334,
          72.756637,
          72.09331,
          70.522237
        ]
      },
      {
        "date": "2026-04-10",
        "close": 75.769997,
        "volume": 11212,
        "typical_volume": 37200.5,
        "trend": 68.608333,
        "fair_value": 51.204615,
        "relative_strength": 8.616873,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.225218,
        "energy": 26.177146,
        "activity_lines": [
          73.030333,
          73.211545,
          72.574214,
          71.016194
        ]
      },
      {
        "date": "2026-04-17",
        "close": 77.214996,
        "volume": 9255,
        "typical_volume": 35393.35,
        "trend": 69.144833,
        "fair_value": 51.48125,
        "relative_strength": 9.542512,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 70.248381,
        "energy": 44.468334,
        "activity_lines": [
          74.670332,
          73.837726,
          73.139833,
          71.571462
        ]
      },
      {
        "date": "2026-04-24",
        "close": 74.669998,
        "volume": 26117,
        "typical_volume": 36564.5,
        "trend": 69.584167,
        "fair_value": 51.739279,
        "relative_strength": 8.489798,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.68105,
        "energy": 46.140326,
        "activity_lines": [
          75.093331,
          73.952453,
          73.411333,
          71.927924
        ]
      },
      {
        "date": "2026-05-01",
        "close": 74.559998,
        "volume": 2867,
        "typical_volume": 36263.15,
        "trend": 70.015333,
        "fair_value": 51.995497,
        "relative_strength": 8.108488,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.966644,
        "energy": 48.462238,
        "activity_lines": [
          75.188331,
          74.082817,
          73.633237,
          72.248946
        ]
      },
      {
        "date": "2026-05-08",
        "close": 77.699997,
        "volume": 42825,
        "typical_volume": 17404.9,
        "trend": 70.567,
        "fair_value": 52.267885,
        "relative_strength": 13.600538,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.264456,
        "energy": 59.077907,
        "activity_lines": [
          76.063331,
          74.806635,
          74.118475,
          72.744731
        ]
      },
      {
        "date": "2026-05-15",
        "close": 78.315002,
        "volume": 11634,
        "typical_volume": 16954.85,
        "trend": 71.088166,
        "fair_value": 52.538077,
        "relative_strength": 14.383467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.844176,
        "energy": 53.280006,
        "activity_lines": [
          76.840666,
          75.642999,
          74.614571,
          73.244602
        ]
      },
      {
        "date": "2026-05-22",
        "close": 78.830002,
        "volume": 8108,
        "typical_volume": 16903.5,
        "trend": 71.584833,
        "fair_value": 52.809327,
        "relative_strength": 11.642112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.755877,
        "energy": 58.405612,
        "activity_lines": [
          77.62,
          76.449636,
          75.107119,
          73.744075
        ]
      },
      {
        "date": "2026-05-29",
        "close": 80.209999,
        "volume": 40215,
        "typical_volume": 18313.75,
        "trend": 72.081166,
        "fair_value": 53.084054,
        "relative_strength": 13.679365,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.247471,
        "energy": 71.916172,
        "activity_lines": [
          78.751667,
          77.377272,
          75.67938,
          74.300537
        ]
      },
      {
        "date": "2026-06-05",
        "close": 79.940002,
        "volume": 992,
        "typical_volume": 17520.35,
        "trend": 72.597667,
        "fair_value": 53.354824,
        "relative_strength": 13.207368,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.935113,
        "energy": 75.14136,
        "activity_lines": [
          79.424001,
          78.075636,
          76.182833,
          74.807559
        ]
      },
      {
        "date": "2026-06-12",
        "close": 80.32,
        "volume": 517,
        "typical_volume": 16667.25,
        "trend": 73.064667,
        "fair_value": 53.619087,
        "relative_strength": 12.093381,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.3523,
        "energy": 76.387506,
        "activity_lines": [
          79.864334,
          78.672545,
          76.685262,
          75.305774
        ]
      },
      {
        "date": "2026-06-19",
        "close": 83.699997,
        "volume": 25,
        "typical_volume": 15394.3,
        "trend": 73.699333,
        "fair_value": 53.911058,
        "relative_strength": 17.358354,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.664724,
        "energy": 86.448688,
        "activity_lines": [
          81.256666,
          79.753818,
          77.465214,
          75.991924
        ]
      },
      {
        "date": "2026-06-26",
        "close": 81.690002,
        "volume": 2760,
        "typical_volume": 14634.05,
        "trend": 74.210666,
        "fair_value": 54.184535,
        "relative_strength": 12.48169,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.924948,
        "energy": 79.067863,
        "activity_lines": [
          81.62,
          80.325455,
          77.992023,
          76.507451
        ]
      },
      {
        "date": "2026-07-03",
        "close": 82.889999,
        "volume": 277,
        "typical_volume": 13815.75,
        "trend": 74.7585,
        "fair_value": 54.470545,
        "relative_strength": 11.800871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.679138,
        "energy": 82.853238,
        "activity_lines": [
          82.192666,
          81.033909,
          78.599047,
          77.067408
        ]
      },
      {
        "date": "2026-07-10",
        "close": 82.980003,
        "volume": 38182,
        "typical_volume": 15516.55,
        "trend": 75.289167,
        "fair_value": 54.759183,
        "relative_strength": 13.271481,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.505333,
        "energy": 79.670124,
        "activity_lines": [
          82.616667,
          81.609273,
          79.184833,
          77.597828
        ]
      },
      {
        "date": "2026-07-17",
        "close": 79.82,
        "volume": 16096,
        "typical_volume": 15966.35,
        "trend": 75.693833,
        "fair_value": 55.022228,
        "relative_strength": 7.45268,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.865007,
        "energy": 51.201722,
        "activity_lines": [
          81.784667,
          81.457,
          79.435476,
          77.89014
        ]
      },
      {
        "date": "2026-07-24",
        "close": 81.650002,
        "volume": 4126,
        "typical_volume": 14885.4,
        "trend": 76.173167,
        "fair_value": 55.292404,
        "relative_strength": 8.104307,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.620543,
        "energy": 43.378339,
        "activity_lines": [
          81.596001,
          81.59891,
          79.8505,
          78.274409
        ]
      },
      {
        "date": "2026-07-31",
        "close": 79.614998,
        "volume": 5000,
        "typical_volume": 12543.2,
        "trend": 76.561333,
        "fair_value": 55.554808,
        "relative_strength": 3.787548,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.886086,
        "energy": 30.390846,
        "activity_lines": [
          80.865667,
          81.310182,
          80.023524,
          78.496462
        ]
      },
      {
        "date": "2026-08-07",
        "close": 82.800003,
        "volume": 5937,
        "typical_volume": 12155.3,
        "trend": 76.949333,
        "fair_value": 55.834407,
        "relative_strength": 7.275031,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 54.4188,
        "energy": 31.544478,
        "activity_lines": [
          81.335334,
          81.586273,
          80.462119,
          78.898957
        ]
      }
    ],
    "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."
    }
  }
}