{
  "ticker": {
    "uuid": "57755d57-c25f-40d5-bd13-786f7b0e68e3",
    "symbol": "ESGW",
    "name": "Invesco MSCI World Universal Screened UCITS ETF",
    "exchange": "MIL",
    "country": "IT",
    "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": "FTSEMIB.MI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 87.341,
    "architecture_energy": 69.849,
    "architecture_maturity": 90.533,
    "architecture_confidence": 66.305,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 14.33,
        "rotation_up": 55.11,
        "upward_expansion": 83.0,
        "deceleration": 71.48,
        "rotation_down": 29.28,
        "downward_expansion": 12.0
      },
      "activity_lines": [
        91.480001,
        91.101092,
        89.635334,
        87.657377
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 93.550003,
    "trend_reference": 85.354667,
    "distance_from_trend": 0.096015,
    "trend_direction": "Improving",
    "fair_value": 72.466667,
    "distance_from_fair_value": 0.290938,
    "fair_value_direction": "Improving",
    "relative_strength": -2.489367,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.162401,
    "excess_performance": -0.008491,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.096015,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.043724,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.290938,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.049677,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.024894,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.003399,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.162401,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 5.037471,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 3071,
      "relative_activity": 1.758022,
      "balance": 5.037471,
      "dry_up": 0.617969,
      "accumulation_observations": 3,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.016281,
      "annualized_volatility": 0.109517,
      "from_high_reference": -0.000961,
      "from_low_reference": 0.261802
    },
    "levels": {
      "trend_reference": 85.354667,
      "fair_value_reference": 72.466667,
      "structural_low": 77.019997,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 38,
        "median_return": 0.012316,
        "positive_rate": 0.657895,
        "directional_follow_through": 0.657895,
        "median_excess_return": -0.008926,
        "regime_survival": 0.842105,
        "best_return": 0.06333,
        "worst_return": -0.087911,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 12,
        "median_return": 0.035844,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.001268,
        "regime_survival": 0.583333,
        "best_return": 0.107064,
        "worst_return": -0.062045,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.080855,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": 0.015423,
        "regime_survival": 0.571429,
        "best_return": 0.155404,
        "worst_return": -0.09067,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.092352,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.666667,
        "median_excess_return": -0.051804,
        "regime_survival": 0.333333,
        "best_return": 0.222469,
        "worst_return": -0.002879,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-05-17",
        "tenure": "New",
        "return": 0.029199,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-24",
        "end": "2024-08-02",
        "tenure": "Developing",
        "return": -0.018474,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-08-09",
        "end": "2024-09-20",
        "tenure": "Developing",
        "return": 0.049992,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-09-27",
        "end": "2025-03-07",
        "tenure": "Established",
        "return": 0.038625,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-14",
        "end": "2025-04-11",
        "tenure": "Developing",
        "return": -0.104263,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-18",
        "end": "2025-06-06",
        "tenure": "Developing",
        "return": 0.121722,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-06-13",
        "end": "2025-07-18",
        "tenure": "Developing",
        "return": 0.025855,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-07-25",
        "end": "2025-08-29",
        "tenure": "Developing",
        "return": 0.014098,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-09-05",
        "end": "2026-02-13",
        "tenure": "Established",
        "return": 0.079926,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-02-20",
        "end": "2026-02-27",
        "tenure": "New",
        "return": -0.001705,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-03-06",
        "end": "2026-03-27",
        "tenure": "New",
        "return": -0.052328,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-03",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.028388,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-04-17",
        "end": "2026-04-24",
        "tenure": "New",
        "return": 0.001782,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.105139,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 55.84,
        "volume": 17,
        "typical_volume": 635.05,
        "trend": 53.394,
        "fair_value": 51.094039,
        "relative_strength": -2.346789,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.651066,
        "energy": 74.436273,
        "activity_lines": [
          56.156666,
          56.042181,
          55.21919,
          54.310516
        ]
      },
      {
        "date": "2023-08-25",
        "close": 55.599998,
        "volume": 1061,
        "typical_volume": 679.0,
        "trend": 53.528,
        "fair_value": 51.184391,
        "relative_strength": -3.825957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.313583,
        "energy": 41.994982,
        "activity_lines": [
          55.919332,
          55.981272,
          55.361095,
          54.452839
        ]
      },
      {
        "date": "2023-09-01",
        "close": 57.279999,
        "volume": 943,
        "typical_volume": 716.65,
        "trend": 53.664,
        "fair_value": 51.293301,
        "relative_strength": -2.090913,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.698732,
        "energy": 54.174665,
        "activity_lines": [
          56.288666,
          56.235454,
          55.640333,
          54.694903
        ]
      },
      {
        "date": "2023-09-08",
        "close": 57.029999,
        "volume": 1358,
        "typical_volume": 783.9,
        "trend": 53.792333,
        "fair_value": 51.397885,
        "relative_strength": -0.751496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.172344,
        "energy": 55.902619,
        "activity_lines": [
          56.574666,
          56.403454,
          55.865095,
          54.912064
        ]
      },
      {
        "date": "2023-09-15",
        "close": 57.450001,
        "volume": 284,
        "typical_volume": 795.1,
        "trend": 53.927,
        "fair_value": 51.505064,
        "relative_strength": -1.959305,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.385816,
        "energy": 62.230998,
        "activity_lines": [
          56.95,
          56.629272,
          56.100381,
          55.148043
        ]
      },
      {
        "date": "2023-09-22",
        "close": 56.080002,
        "volume": 1188,
        "typical_volume": 826.75,
        "trend": 54.054,
        "fair_value": 51.608878,
        "relative_strength": -2.825786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.019245,
        "energy": 53.954801,
        "activity_lines": [
          56.763334,
          56.563636,
          56.173714,
          55.286946
        ]
      },
      {
        "date": "2023-09-29",
        "close": 55.700001,
        "volume": 585,
        "typical_volume": 842.0,
        "trend": 54.155667,
        "fair_value": 51.702789,
        "relative_strength": -1.931717,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.921463,
        "energy": 41.846856,
        "activity_lines": [
          56.434001,
          56.418182,
          56.185905,
          55.39314
        ]
      },
      {
        "date": "2023-10-06",
        "close": 55.099998,
        "volume": 1125,
        "typical_volume": 894.9,
        "trend": 54.285333,
        "fair_value": 51.787949,
        "relative_strength": -1.043474,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 24.839906,
        "energy": 16.647896,
        "activity_lines": [
          55.898,
          56.174545,
          56.117809,
          55.454064
        ]
      },
      {
        "date": "2023-10-13",
        "close": 56.360001,
        "volume": 515,
        "typical_volume": 840.45,
        "trend": 54.482667,
        "fair_value": 51.877981,
        "relative_strength": 0.030101,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.620817,
        "energy": 24.532107,
        "activity_lines": [
          55.927334,
          56.199636,
          56.16519,
          55.587914
        ]
      },
      {
        "date": "2023-10-20",
        "close": 54.400002,
        "volume": 1291,
        "typical_volume": 857.35,
        "trend": 54.601333,
        "fair_value": 51.961122,
        "relative_strength": -0.032484,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -10.802436,
        "energy": 22.783626,
        "activity_lines": [
          55.348001,
          55.866728,
          56.016952,
          55.582581
        ]
      },
      {
        "date": "2023-10-27",
        "close": 54.0,
        "volume": 8639,
        "typical_volume": 1267.95,
        "trend": 54.706667,
        "fair_value": 52.05093,
        "relative_strength": -0.218992,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -18.947657,
        "energy": 32.489849,
        "activity_lines": [
          54.838667,
          55.487819,
          55.829286,
          55.543785
        ]
      },
      {
        "date": "2023-11-03",
        "close": 55.889999,
        "volume": 1046,
        "typical_volume": 1275.05,
        "trend": 54.875,
        "fair_value": 52.139199,
        "relative_strength": -1.499874,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.300719,
        "energy": 18.84022,
        "activity_lines": [
          55.098,
          55.486,
          55.826667,
          55.620129
        ]
      },
      {
        "date": "2023-11-10",
        "close": 56.200001,
        "volume": 735,
        "typical_volume": 1285.05,
        "trend": 55.053667,
        "fair_value": 52.223045,
        "relative_strength": -0.207399,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.620852,
        "energy": 18.20692,
        "activity_lines": [
          55.448,
          55.535273,
          55.854714,
          55.705613
        ]
      },
      {
        "date": "2023-11-17",
        "close": 57.07,
        "volume": 295,
        "typical_volume": 1283.2,
        "trend": 55.261333,
        "fair_value": 52.311154,
        "relative_strength": -1.921787,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 51.113092,
        "energy": 24.896676,
        "activity_lines": [
          56.014667,
          55.762364,
          55.960095,
          55.835699
        ]
      },
      {
        "date": "2023-11-24",
        "close": 57.310001,
        "volume": 88,
        "typical_volume": 1253.2,
        "trend": 55.477,
        "fair_value": 52.398205,
        "relative_strength": -1.109175,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 56.389316,
        "energy": 41.680577,
        "activity_lines": [
          56.614,
          56.032364,
          56.083286,
          55.967871
        ]
      },
      {
        "date": "2023-12-01",
        "close": 57.93,
        "volume": 7104,
        "typical_volume": 1566.45,
        "trend": 55.713333,
        "fair_value": 52.490545,
        "relative_strength": -1.501016,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 74.674962,
        "energy": 68.238939,
        "activity_lines": [
          57.226,
          56.417637,
          56.255095,
          56.126129
        ]
      },
      {
        "date": "2023-12-08",
        "close": 58.75,
        "volume": 150,
        "typical_volume": 1494.95,
        "trend": 55.977,
        "fair_value": 52.590096,
        "relative_strength": -1.495993,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.262815,
        "energy": 84.162436,
        "activity_lines": [
          57.849334,
          56.918364,
          56.493381,
          56.322043
        ]
      },
      {
        "date": "2023-12-15",
        "close": 59.68,
        "volume": 606,
        "typical_volume": 1449.65,
        "trend": 56.161333,
        "fair_value": 52.692212,
        "relative_strength": 0.299194,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.760813,
        "energy": 91.388928,
        "activity_lines": [
          58.592,
          57.532728,
          56.808572,
          56.560946
        ]
      },
      {
        "date": "2023-12-22",
        "close": 59.700001,
        "volume": 7399,
        "typical_volume": 1739.05,
        "trend": 56.335333,
        "fair_value": 52.794712,
        "relative_strength": 0.507195,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.629149,
        "energy": 92.927907,
        "activity_lines": [
          59.109334,
          58.067455,
          57.114238,
          56.789247
        ]
      },
      {
        "date": "2023-12-29",
        "close": 59.790001,
        "volume": 401,
        "typical_volume": 1741.5,
        "trend": 56.524333,
        "fair_value": 52.896282,
        "relative_strength": 0.774395,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.790704,
        "energy": 90.892779,
        "activity_lines": [
          59.481334,
          58.557819,
          57.412143,
          57.012129
        ]
      },
      {
        "date": "2024-01-05",
        "close": 59.509998,
        "volume": 593,
        "typical_volume": 1770.3,
        "trend": 56.672667,
        "fair_value": 52.990064,
        "relative_strength": 0.056306,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.879248,
        "energy": 87.144978,
        "activity_lines": [
          59.594666,
          58.899273,
          57.664714,
          57.204753
        ]
      },
      {
        "date": "2024-01-12",
        "close": 59.84,
        "volume": 147,
        "typical_volume": 1724.6,
        "trend": 56.796333,
        "fair_value": 53.086026,
        "relative_strength": 0.524239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.002861,
        "energy": 85.561714,
        "activity_lines": [
          59.712666,
          59.200545,
          57.931238,
          57.409097
        ]
      },
      {
        "date": "2024-01-19",
        "close": 60.619999,
        "volume": 554,
        "typical_volume": 1705.15,
        "trend": 56.982333,
        "fair_value": 53.182019,
        "relative_strength": 2.432214,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.381416,
        "energy": 87.735863,
        "activity_lines": [
          60.017999,
          59.571818,
          58.251857,
          57.655785
        ]
      },
      {
        "date": "2024-01-26",
        "close": 62.110001,
        "volume": 2351,
        "typical_volume": 1754.8,
        "trend": 57.185667,
        "fair_value": 53.296282,
        "relative_strength": 4.525689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.162883,
        "energy": 93.30501,
        "activity_lines": [
          60.757333,
          60.133636,
          58.698476,
          57.986602
        ]
      },
      {
        "date": "2024-02-02",
        "close": 62.75,
        "volume": 544,
        "typical_volume": 1767.8,
        "trend": 57.44,
        "fair_value": 53.401699,
        "relative_strength": 4.366712,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.789748,
        "energy": 97.427551,
        "activity_lines": [
          61.549333,
          60.720182,
          59.181857,
          58.345591
        ]
      },
      {
        "date": "2024-02-09",
        "close": 63.380001,
        "volume": 2808,
        "typical_volume": 1848.8,
        "trend": 57.703,
        "fair_value": 53.508654,
        "relative_strength": 3.846878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.981176,
        "energy": 97.061216,
        "activity_lines": [
          62.354,
          61.322364,
          59.7,
          58.728817
        ]
      },
      {
        "date": "2024-02-16",
        "close": 63.93,
        "volume": 490,
        "typical_volume": 1844.05,
        "trend": 57.957333,
        "fair_value": 53.61859,
        "relative_strength": 2.755792,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.514445,
        "energy": 96.605468,
        "activity_lines": [
          63.084,
          61.925455,
          60.235762,
          59.130559
        ]
      },
      {
        "date": "2024-02-23",
        "close": 64.389999,
        "volume": 867,
        "typical_volume": 1831.15,
        "trend": 58.194333,
        "fair_value": 53.740801,
        "relative_strength": 0.396744,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.711732,
        "energy": 95.186376,
        "activity_lines": [
          63.694667,
          62.518,
          60.776143,
          59.54557
        ]
      },
      {
        "date": "2024-03-01",
        "close": 64.940002,
        "volume": 1574,
        "typical_volume": 1884.1,
        "trend": 58.483333,
        "fair_value": 53.868718,
        "relative_strength": 0.459511,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.09695,
        "energy": 94.15508,
        "activity_lines": [
          64.237334,
          63.124909,
          61.324667,
          59.980774
        ]
      },
      {
        "date": "2024-03-08",
        "close": 65.040001,
        "volume": 1233,
        "typical_volume": 1881.2,
        "trend": 58.789,
        "fair_value": 53.985385,
        "relative_strength": -0.869451,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.891707,
        "energy": 83.218231,
        "activity_lines": [
          64.624667,
          63.654728,
          61.841857,
          60.403785
        ]
      },
      {
        "date": "2024-03-15",
        "close": 64.870003,
        "volume": 6345,
        "typical_volume": 1766.5,
        "trend": 59.09,
        "fair_value": 54.099648,
        "relative_strength": -2.626004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.749398,
        "energy": 69.859425,
        "activity_lines": [
          64.802668,
          64.058183,
          62.292191,
          60.796108
        ]
      },
      {
        "date": "2024-03-22",
        "close": 66.639999,
        "volume": 1550,
        "typical_volume": 1791.7,
        "trend": 59.458,
        "fair_value": 54.221731,
        "relative_strength": -1.123376,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 92.370077,
        "energy": 76.9496,
        "activity_lines": [
          65.471334,
          64.686001,
          62.859334,
          61.283205
        ]
      },
      {
        "date": "2024-03-29",
        "close": 66.769997,
        "volume": 87,
        "typical_volume": 1759.3,
        "trend": 59.774334,
        "fair_value": 54.338718,
        "relative_strength": -2.13246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.895783,
        "energy": 75.030217,
        "activity_lines": [
          66.002666,
          65.213818,
          63.387667,
          61.754946
        ]
      },
      {
        "date": "2024-04-05",
        "close": 66.099998,
        "volume": 1556,
        "typical_volume": 1822.35,
        "trend": 60.076667,
        "fair_value": 54.449551,
        "relative_strength": -1.082342,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.368957,
        "energy": 68.338795,
        "activity_lines": [
          66.151999,
          65.508,
          63.801857,
          62.163054
        ]
      },
      {
        "date": "2024-04-12",
        "close": 65.599998,
        "volume": 843,
        "typical_volume": 1860.1,
        "trend": 60.348333,
        "fair_value": 54.551442,
        "relative_strength": -1.227324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.888165,
        "energy": 67.547445,
        "activity_lines": [
          66.057332,
          65.638727,
          64.125428,
          62.519398
        ]
      },
      {
        "date": "2024-04-19",
        "close": 63.880001,
        "volume": 965,
        "typical_volume": 1553.15,
        "trend": 60.608333,
        "fair_value": 54.644776,
        "relative_strength": -4.312616,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.891127,
        "energy": 57.928439,
        "activity_lines": [
          65.351999,
          65.404909,
          64.245714,
          62.747247
        ]
      },
      {
        "date": "2024-04-26",
        "close": 64.889999,
        "volume": 570,
        "typical_volume": 1574.15,
        "trend": 60.914667,
        "fair_value": 54.745321,
        "relative_strength": -3.746548,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.038237,
        "energy": 47.272628,
        "activity_lines": [
          65.049332,
          65.345636,
          64.433857,
          63.023484
        ]
      },
      {
        "date": "2024-05-03",
        "close": 65.07,
        "volume": 428,
        "typical_volume": 1565.25,
        "trend": 61.247,
        "fair_value": 54.845,
        "relative_strength": -1.770121,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.781531,
        "energy": 36.314802,
        "activity_lines": [
          64.923333,
          65.301636,
          64.609904,
          63.29157
        ]
      },
      {
        "date": "2024-05-10",
        "close": 66.080002,
        "volume": 141,
        "typical_volume": 1202.35,
        "trend": 61.571,
        "fair_value": 54.955353,
        "relative_strength": -3.249326,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.248882,
        "energy": 41.041711,
        "activity_lines": [
          65.247334,
          65.428909,
          64.856476,
          63.603376
        ]
      },
      {
        "date": "2024-05-17",
        "close": 66.970001,
        "volume": 543,
        "typical_volume": 1209.45,
        "trend": 61.99,
        "fair_value": 55.07109,
        "relative_strength": -3.930489,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 80.42115,
        "energy": 61.579737,
        "activity_lines": [
          65.869334,
          65.697273,
          65.157429,
          63.951699
        ]
      },
      {
        "date": "2024-05-24",
        "close": 67.120003,
        "volume": 1753,
        "typical_volume": 1267.45,
        "trend": 62.427334,
        "fair_value": 55.183846,
        "relative_strength": -1.090291,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.690835,
        "energy": 68.71825,
        "activity_lines": [
          66.450002,
          65.957819,
          65.438477,
          64.282667
        ]
      },
      {
        "date": "2024-05-31",
        "close": 66.160004,
        "volume": 3736,
        "typical_volume": 1446.9,
        "trend": 62.769667,
        "fair_value": 55.288878,
        "relative_strength": -2.430278,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.227719,
        "energy": 61.21909,
        "activity_lines": [
          66.494669,
          66.00291,
          65.591858,
          64.523484
        ]
      },
      {
        "date": "2024-06-07",
        "close": 67.879997,
        "volume": 446,
        "typical_volume": 1441.5,
        "trend": 63.159,
        "fair_value": 55.401571,
        "relative_strength": -0.311997,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.817188,
        "energy": 79.359929,
        "activity_lines": [
          67.028001,
          66.369455,
          65.878953,
          64.853183
        ]
      },
      {
        "date": "2024-06-14",
        "close": 68.730003,
        "volume": 288,
        "typical_volume": 1338.35,
        "trend": 63.547667,
        "fair_value": 55.519007,
        "relative_strength": 7.00719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.994545,
        "energy": 88.105293,
        "activity_lines": [
          67.657335,
          66.870365,
          66.212429,
          65.212603
        ]
      },
      {
        "date": "2024-06-21",
        "close": 69.220001,
        "volume": 207,
        "typical_volume": 1321.5,
        "trend": 63.944667,
        "fair_value": 55.637276,
        "relative_strength": 5.629278,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.796211,
        "energy": 88.893138,
        "activity_lines": [
          68.273335,
          67.412547,
          66.561048,
          65.57856
        ]
      },
      {
        "date": "2024-06-28",
        "close": 69.449997,
        "volume": 1800,
        "typical_volume": 1271.1,
        "trend": 64.328667,
        "fair_value": 55.749263,
        "relative_strength": 6.36055,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.593148,
        "energy": 91.38163,
        "activity_lines": [
          68.816,
          67.930728,
          66.900762,
          65.933742
        ]
      },
      {
        "date": "2024-07-05",
        "close": 69.529999,
        "volume": 547,
        "typical_volume": 1273.95,
        "trend": 64.688,
        "fair_value": 55.860994,
        "relative_strength": 3.807928,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.937666,
        "energy": 89.234739,
        "activity_lines": [
          69.229999,
          68.362182,
          67.219191,
          66.269312
        ]
      },
      {
        "date": "2024-07-12",
        "close": 70.459999,
        "volume": 396,
        "typical_volume": 1250.4,
        "trend": 65.047333,
        "fair_value": 55.978942,
        "relative_strength": 3.290092,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.750191,
        "energy": 91.530663,
        "activity_lines": [
          69.729332,
          68.878364,
          67.599524,
          66.641699
        ]
      },
      {
        "date": "2024-07-19",
        "close": 68.809998,
        "volume": 1038,
        "typical_volume": 1223.6,
        "trend": 65.351,
        "fair_value": 56.080545,
        "relative_strength": 1.887828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.56568,
        "energy": 66.768523,
        "activity_lines": [
          69.506665,
          68.996545,
          67.793809,
          66.884452
        ]
      },
      {
        "date": "2024-07-26",
        "close": 68.32,
        "volume": 452,
        "typical_volume": 1184.55,
        "trend": 65.635333,
        "fair_value": 56.181763,
        "relative_strength": 2.292386,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.884827,
        "energy": 58.490751,
        "activity_lines": [
          69.115332,
          68.975999,
          67.923,
          67.076
        ]
      },
      {
        "date": "2024-08-02",
        "close": 65.879997,
        "volume": 528,
        "typical_volume": 893.7,
        "trend": 65.847667,
        "fair_value": 56.26125,
        "relative_strength": 4.072415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 20.213401,
        "energy": 18.506774,
        "activity_lines": [
          67.970665,
          68.487272,
          67.80419,
          67.091785
        ]
      },
      {
        "date": "2024-08-09",
        "close": 66.209999,
        "volume": 3824,
        "typical_volume": 1007.4,
        "trend": 66.06,
        "fair_value": 56.340609,
        "relative_strength": 5.263818,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.281826,
        "energy": 22.307113,
        "activity_lines": [
          67.173999,
          68.08109,
          67.712,
          67.115161
        ]
      },
      {
        "date": "2024-08-16",
        "close": 67.18,
        "volume": 157,
        "typical_volume": 1010.9,
        "trend": 66.278667,
        "fair_value": 56.428942,
        "relative_strength": 2.714412,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.291743,
        "energy": 27.509736,
        "activity_lines": [
          66.921999,
          67.850363,
          67.714238,
          67.187419
        ]
      },
      {
        "date": "2024-08-23",
        "close": 68.949997,
        "volume": 323,
        "typical_volume": 949.25,
        "trend": 66.506666,
        "fair_value": 56.523942,
        "relative_strength": 3.434386,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.88557,
        "energy": 27.056005,
        "activity_lines": [
          67.478665,
          67.95418,
          67.883095,
          67.359763
        ]
      },
      {
        "date": "2024-08-30",
        "close": 69.470001,
        "volume": 870,
        "typical_volume": 950.6,
        "trend": 66.730667,
        "fair_value": 56.62125,
        "relative_strength": 2.000873,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 59.639424,
        "energy": 27.911611,
        "activity_lines": [
          68.199333,
          68.148544,
          68.087904,
          67.550946
        ]
      },
      {
        "date": "2024-09-06",
        "close": 66.790001,
        "volume": 243,
        "typical_volume": 914.5,
        "trend": 66.844333,
        "fair_value": 56.703686,
        "relative_strength": 1.266664,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.567784,
        "energy": 15.363207,
        "activity_lines": [
          67.95,
          67.85109,
          68.019047,
          67.554774
        ]
      },
      {
        "date": "2024-09-13",
        "close": 69.360001,
        "volume": 1490,
        "typical_volume": 960.5,
        "trend": 67.025333,
        "fair_value": 56.802853,
        "relative_strength": 4.216561,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.445572,
        "energy": 33.184241,
        "activity_lines": [
          68.496667,
          68.069272,
          68.181095,
          67.717075
        ]
      },
      {
        "date": "2024-09-20",
        "close": 69.519997,
        "volume": 531,
        "typical_volume": 965.65,
        "trend": 67.196333,
        "fair_value": 56.903109,
        "relative_strength": 3.759488,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 50.702032,
        "energy": 43.585321,
        "activity_lines": [
          68.886666,
          68.319636,
          68.337095,
          67.878021
        ]
      },
      {
        "date": "2024-09-27",
        "close": 70.68,
        "volume": 815,
        "typical_volume": 999.35,
        "trend": 67.387666,
        "fair_value": 57.018109,
        "relative_strength": 2.496703,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.996178,
        "energy": 57.651577,
        "activity_lines": [
          69.507333,
          68.797999,
          68.58238,
          68.102774
        ]
      },
      {
        "date": "2024-10-04",
        "close": 71.019997,
        "volume": 3363,
        "typical_volume": 1140.35,
        "trend": 67.587,
        "fair_value": 57.130032,
        "relative_strength": 6.326424,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.426218,
        "energy": 70.510737,
        "activity_lines": [
          70.125999,
          69.304181,
          68.838142,
          68.337118
        ]
      },
      {
        "date": "2024-10-11",
        "close": 72.309998,
        "volume": 5706,
        "typical_volume": 1338.0,
        "trend": 67.834999,
        "fair_value": 57.244135,
        "relative_strength": 5.890316,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.797677,
        "energy": 78.454599,
        "activity_lines": [
          71.071332,
          69.995817,
          69.197475,
          68.641827
        ]
      },
      {
        "date": "2024-10-18",
        "close": 73.190002,
        "volume": 2996,
        "typical_volume": 1301.0,
        "trend": 68.053333,
        "fair_value": 57.360032,
        "relative_strength": 4.359853,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.736442,
        "energy": 85.29944,
        "activity_lines": [
          71.941999,
          70.730545,
          69.615904,
          68.987311
        ]
      },
      {
        "date": "2024-10-25",
        "close": 72.790001,
        "volume": 1209,
        "typical_volume": 1339.15,
        "trend": 68.254,
        "fair_value": 57.467147,
        "relative_strength": 4.951231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.196528,
        "energy": 84.272576,
        "activity_lines": [
          72.424,
          71.265636,
          69.962761,
          69.292903
        ]
      },
      {
        "date": "2024-11-01",
        "close": 71.629997,
        "volume": 1218,
        "typical_volume": 1385.65,
        "trend": 68.438333,
        "fair_value": 57.557917,
        "relative_strength": 3.460203,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.305983,
        "energy": 79.767566,
        "activity_lines": [
          72.301333,
          71.487817,
          70.175761,
          69.510709
        ]
      },
      {
        "date": "2024-11-08",
        "close": 74.559998,
        "volume": 2500,
        "typical_volume": 1500.3,
        "trend": 68.737,
        "fair_value": 57.665737,
        "relative_strength": 10.180313,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.471125,
        "energy": 89.40605,
        "activity_lines": [
          73.091999,
          72.193999,
          70.653999,
          69.905655
        ]
      },
      {
        "date": "2024-11-15",
        "close": 74.330002,
        "volume": 857,
        "typical_volume": 1453.15,
        "trend": 69.085333,
        "fair_value": 57.766955,
        "relative_strength": 8.38662,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.343575,
        "energy": 84.8149,
        "activity_lines": [
          73.57,
          72.765818,
          71.084904,
          70.266494
        ]
      },
      {
        "date": "2024-11-22",
        "close": 76.269997,
        "volume": 2740,
        "typical_volume": 1562.8,
        "trend": 69.464666,
        "fair_value": 57.892532,
        "relative_strength": 13.171848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.371006,
        "energy": 92.193468,
        "activity_lines": [
          74.559999,
          73.553272,
          71.677332,
          70.730021
        ]
      },
      {
        "date": "2024-11-29",
        "close": 76.129997,
        "volume": 1150,
        "typical_volume": 1600.5,
        "trend": 69.833333,
        "fair_value": 58.021635,
        "relative_strength": 12.864906,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.635031,
        "energy": 91.473372,
        "activity_lines": [
          75.297998,
          74.189635,
          72.224332,
          71.160042
        ]
      },
      {
        "date": "2024-12-06",
        "close": 76.919998,
        "volume": 1040,
        "typical_volume": 1600.6,
        "trend": 70.194666,
        "fair_value": 58.145993,
        "relative_strength": 9.362165,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.929561,
        "energy": 92.589095,
        "activity_lines": [
          76.076665,
          74.849453,
          72.81957,
          71.617246
        ]
      },
      {
        "date": "2024-12-13",
        "close": 76.480003,
        "volume": 593,
        "typical_volume": 1607.65,
        "trend": 70.511666,
        "fair_value": 58.268558,
        "relative_strength": 8.070036,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.141011,
        "energy": 89.584117,
        "activity_lines": [
          76.356,
          75.315817,
          73.334285,
          72.022752
        ]
      },
      {
        "date": "2024-12-20",
        "close": 75.379997,
        "volume": 4665,
        "typical_volume": 1814.5,
        "trend": 70.786999,
        "fair_value": 58.379519,
        "relative_strength": 9.781798,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.526063,
        "energy": 73.937551,
        "activity_lines": [
          76.140665,
          75.482908,
          73.70538,
          72.336838
        ]
      },
      {
        "date": "2024-12-27",
        "close": 75.589996,
        "volume": 179,
        "typical_volume": 1632.25,
        "trend": 71.101332,
        "fair_value": 58.487147,
        "relative_strength": 8.565351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.115668,
        "energy": 63.715103,
        "activity_lines": [
          75.925331,
          75.632362,
          74.051237,
          72.646709
        ]
      },
      {
        "date": "2025-01-03",
        "close": 76.160004,
        "volume": 8547,
        "typical_volume": 2051.75,
        "trend": 71.377333,
        "fair_value": 58.609135,
        "relative_strength": 9.204714,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.965163,
        "energy": 59.853491,
        "activity_lines": [
          75.945333,
          75.841817,
          74.406713,
          72.973074
        ]
      },
      {
        "date": "2025-01-10",
        "close": 75.489998,
        "volume": 852,
        "typical_volume": 2078.2,
        "trend": 71.602666,
        "fair_value": 58.732211,
        "relative_strength": 5.091045,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.488422,
        "energy": 48.230188,
        "activity_lines": [
          75.739999,
          75.868181,
          74.655618,
          73.238408
        ]
      },
      {
        "date": "2025-01-17",
        "close": 76.650002,
        "volume": 2300,
        "typical_volume": 2149.7,
        "trend": 71.850332,
        "fair_value": 58.870417,
        "relative_strength": 3.13182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.480742,
        "energy": 51.984107,
        "activity_lines": [
          76.016667,
          76.035272,
          74.983856,
          73.564042
        ]
      },
      {
        "date": "2025-01-24",
        "close": 77.419998,
        "volume": 368,
        "typical_volume": 2155.95,
        "trend": 72.115999,
        "fair_value": 59.020545,
        "relative_strength": 4.268548,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.313741,
        "energy": 59.975869,
        "activity_lines": [
          76.538666,
          76.304363,
          75.351237,
          73.923376
        ]
      },
      {
        "date": "2025-01-31",
        "close": 78.260002,
        "volume": 1175,
        "typical_volume": 2140.2,
        "trend": 72.406999,
        "fair_value": 59.176763,
        "relative_strength": 4.515786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.548038,
        "energy": 64.586959,
        "activity_lines": [
          77.204667,
          76.67,
          75.748,
          74.319763
        ]
      },
      {
        "date": "2025-02-07",
        "close": 78.260002,
        "volume": 698,
        "typical_volume": 2148.55,
        "trend": 72.666999,
        "fair_value": 59.328365,
        "relative_strength": 2.793849,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.895903,
        "energy": 80.559282,
        "activity_lines": [
          77.692668,
          76.999455,
          76.102381,
          74.697376
        ]
      },
      {
        "date": "2025-02-14",
        "close": 77.919998,
        "volume": 678,
        "typical_volume": 2141.7,
        "trend": 72.970666,
        "fair_value": 59.485865,
        "relative_strength": -0.17205,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.314779,
        "energy": 79.029905,
        "activity_lines": [
          77.927333,
          77.228364,
          76.382762,
          75.036279
        ]
      },
      {
        "date": "2025-02-21",
        "close": 78.059998,
        "volume": 4803,
        "typical_volume": 2213.7,
        "trend": 73.295333,
        "fair_value": 59.64407,
        "relative_strength": -1.203701,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.866262,
        "energy": 78.515235,
        "activity_lines": [
          78.046666,
          77.464545,
          76.641999,
          75.364623
        ]
      },
      {
        "date": "2025-02-28",
        "close": 77.190002,
        "volume": 674,
        "typical_volume": 1962.1,
        "trend": 73.672333,
        "fair_value": 59.798493,
        "relative_strength": -2.918973,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.457246,
        "energy": 54.608198,
        "activity_lines": [
          77.782,
          77.513818,
          76.784857,
          75.615892
        ]
      },
      {
        "date": "2025-03-07",
        "close": 73.410004,
        "volume": 720,
        "typical_volume": 1848.3,
        "trend": 73.912333,
        "fair_value": 59.930865,
        "relative_strength": -7.485864,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 9.790891,
        "energy": 11.963246,
        "activity_lines": [
          76.272668,
          76.84291,
          76.544476,
          75.598968
        ]
      },
      {
        "date": "2025-03-14",
        "close": 71.07,
        "volume": 437,
        "typical_volume": 1809.7,
        "trend": 74.042,
        "fair_value": 60.035224,
        "relative_strength": -10.517603,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -24.612094,
        "energy": 35.466605,
        "activity_lines": [
          74.306668,
          75.786183,
          76.080191,
          75.415591
        ]
      },
      {
        "date": "2025-03-21",
        "close": 71.790001,
        "volume": 133,
        "typical_volume": 1755.45,
        "trend": 74.136666,
        "fair_value": 60.138686,
        "relative_strength": -10.408344,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.885505,
        "energy": 53.123989,
        "activity_lines": [
          73.060001,
          74.95291,
          75.692667,
          75.270301
        ]
      },
      {
        "date": "2025-03-28",
        "close": 70.900002,
        "volume": 837,
        "typical_volume": 1672.3,
        "trend": 74.184333,
        "fair_value": 60.235737,
        "relative_strength": -10.764401,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -43.069404,
        "energy": 70.285262,
        "activity_lines": [
          71.925335,
          74.025092,
          75.21962,
          75.061484
        ]
      },
      {
        "date": "2025-04-04",
        "close": 64.93,
        "volume": 687,
        "typical_volume": 1663.8,
        "trend": 74.122333,
        "fair_value": 60.293494,
        "relative_strength": -8.572189,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "mixed",
        "direction": -69.426151,
        "energy": 88.780446,
        "activity_lines": [
          69.278001,
          72.116365,
          74.195429,
          74.46443
        ]
      },
      {
        "date": "2025-04-11",
        "close": 63.66,
        "volume": 1509,
        "typical_volume": 1602.25,
        "trend": 73.932333,
        "fair_value": 60.34625,
        "relative_strength": -8.662806,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -93.176147,
        "energy": 96.828108,
        "activity_lines": [
          67.024667,
          70.203819,
          73.095048,
          73.789441
        ]
      },
      {
        "date": "2025-04-18",
        "close": 64.82,
        "volume": 392,
        "typical_volume": 1564.35,
        "trend": 73.775666,
        "fair_value": 60.404647,
        "relative_strength": -11.976602,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -78.479701,
        "energy": 91.587647,
        "activity_lines": [
          65.808,
          68.767637,
          72.165191,
          73.201549
        ]
      },
      {
        "date": "2025-04-25",
        "close": 67.120003,
        "volume": 824,
        "typical_volume": 1553.55,
        "trend": 73.657,
        "fair_value": 60.486635,
        "relative_strength": -12.111367,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.998973,
        "energy": 82.98394,
        "activity_lines": [
          65.774668,
          67.994001,
          71.508239,
          72.772151
        ]
      },
      {
        "date": "2025-05-02",
        "close": 69.540001,
        "volume": 707,
        "typical_volume": 1559.25,
        "trend": 73.607667,
        "fair_value": 60.594968,
        "relative_strength": -11.170038,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.1713,
        "energy": 62.142856,
        "activity_lines": [
          66.859334,
          67.856728,
          71.128429,
          72.506538
        ]
      },
      {
        "date": "2025-05-09",
        "close": 70.07,
        "volume": 351,
        "typical_volume": 1343.55,
        "trend": 73.533,
        "fair_value": 60.708942,
        "relative_strength": -12.757747,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.750871,
        "energy": 43.240758,
        "activity_lines": [
          68.211334,
          67.970728,
          70.832144,
          72.278302
        ]
      },
      {
        "date": "2025-05-16",
        "close": 73.400002,
        "volume": 527,
        "typical_volume": 1360.95,
        "trend": 73.54,
        "fair_value": 60.856378,
        "relative_strength": -11.430185,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -26.358332,
        "energy": 25.424926,
        "activity_lines": [
          70.330668,
          68.819637,
          70.878287,
          72.269721
        ]
      },
      {
        "date": "2025-05-23",
        "close": 71.269997,
        "volume": 1993,
        "typical_volume": 1033.25,
        "trend": 73.489333,
        "fair_value": 60.976891,
        "relative_strength": -11.309879,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -28.079691,
        "energy": 29.98439,
        "activity_lines": [
          71.090667,
          69.281455,
          70.732001,
          72.123269
        ]
      },
      {
        "date": "2025-05-30",
        "close": 72.269997,
        "volume": 2525,
        "typical_volume": 1116.9,
        "trend": 73.510667,
        "fair_value": 61.106058,
        "relative_strength": -11.341901,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -19.132449,
        "energy": 26.619757,
        "activity_lines": [
          71.753999,
          69.921454,
          70.704238,
          72.044602
        ]
      },
      {
        "date": "2025-06-06",
        "close": 72.709999,
        "volume": 677,
        "typical_volume": 1035.75,
        "trend": 73.449,
        "fair_value": 61.248878,
        "relative_strength": -11.793664,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -11.314607,
        "energy": 23.698626,
        "activity_lines": [
          72.220665,
          70.632727,
          70.733714,
          71.992946
        ]
      },
      {
        "date": "2025-06-13",
        "close": 71.940002,
        "volume": 1445,
        "typical_volume": 1089.6,
        "trend": 73.369333,
        "fair_value": 61.401987,
        "relative_strength": -9.915305,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -6.544237,
        "energy": 17.321694,
        "activity_lines": [
          72.219333,
          71.171091,
          70.708619,
          71.895592
        ]
      },
      {
        "date": "2025-06-20",
        "close": 71.440002,
        "volume": 1252,
        "typical_volume": 1093.45,
        "trend": 73.208333,
        "fair_value": 61.539583,
        "relative_strength": -9.846972,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -7.194343,
        "energy": 14.02546,
        "activity_lines": [
          71.926667,
          71.491091,
          70.662,
          71.771119
        ]
      },
      {
        "date": "2025-06-27",
        "close": 72.650002,
        "volume": 297,
        "typical_volume": 1073.4,
        "trend": 73.092334,
        "fair_value": 61.689167,
        "relative_strength": -9.268433,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -1.494908,
        "energy": 11.32913,
        "activity_lines": [
          72.168001,
          71.889637,
          70.763096,
          71.735097
        ]
      },
      {
        "date": "2025-07-04",
        "close": 72.790001,
        "volume": 345,
        "typical_volume": 1056.75,
        "trend": 72.954667,
        "fair_value": 61.822756,
        "relative_strength": -8.63635,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 2.053901,
        "energy": 17.154931,
        "activity_lines": [
          72.364001,
          72.171273,
          70.904239,
          71.715592
        ]
      },
      {
        "date": "2025-07-11",
        "close": 73.160004,
        "volume": 3413,
        "typical_volume": 987.25,
        "trend": 72.844,
        "fair_value": 61.960962,
        "relative_strength": -9.032213,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 8.6945,
        "energy": 33.075336,
        "activity_lines": [
          72.648669,
          72.417092,
          71.105049,
          71.728839
        ]
      },
      {
        "date": "2025-07-18",
        "close": 73.800003,
        "volume": 268,
        "typical_volume": 966.95,
        "trend": 72.791334,
        "fair_value": 62.095513,
        "relative_strength": -8.611162,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.592548,
        "energy": 53.164311,
        "activity_lines": [
          73.116669,
          72.713456,
          71.390144,
          71.790517
        ]
      },
      {
        "date": "2025-07-25",
        "close": 74.480003,
        "volume": 369,
        "typical_volume": 949.4,
        "trend": 72.754334,
        "fair_value": 62.228333,
        "relative_strength": -8.538285,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 41.231246,
        "energy": 64.084699,
        "activity_lines": [
          73.687336,
          73.065638,
          71.756144,
          71.899463
        ]
      },
      {
        "date": "2025-08-01",
        "close": 75.660004,
        "volume": 797,
        "typical_volume": 967.4,
        "trend": 72.737668,
        "fair_value": 62.365641,
        "relative_strength": -5.118873,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 60.02435,
        "energy": 78.390982,
        "activity_lines": [
          74.44867,
          73.61273,
          72.22943,
          72.086926
        ]
      },
      {
        "date": "2025-08-08",
        "close": 74.139999,
        "volume": 477,
        "typical_volume": 984.6,
        "trend": 72.692668,
        "fair_value": 62.484039,
        "relative_strength": -10.519488,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 38.893701,
        "energy": 69.210795,
        "activity_lines": [
          74.502669,
          73.803638,
          72.536097,
          72.177399
        ]
      },
      {
        "date": "2025-08-15",
        "close": 74.139999,
        "volume": 0,
        "typical_volume": 942.75,
        "trend": 72.609001,
        "fair_value": 62.59968,
        "relative_strength": -12.430626,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 38.226141,
        "energy": 72.768419,
        "activity_lines": [
          74.466667,
          73.960547,
          72.831573,
          72.270775
        ]
      },
      {
        "date": "2025-08-22",
        "close": 75.940002,
        "volume": 925,
        "typical_volume": 954.65,
        "trend": 72.559668,
        "fair_value": 62.735128,
        "relative_strength": -11.409421,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 57.829731,
        "energy": 81.607063,
        "activity_lines": [
          74.965334,
          74.418729,
          73.283049,
          72.485679
        ]
      },
      {
        "date": "2025-08-29",
        "close": 75.529999,
        "volume": 4911,
        "typical_volume": 1124.75,
        "trend": 72.468668,
        "fair_value": 62.883654,
        "relative_strength": -9.357991,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 73.090853,
        "energy": 83.770808,
        "activity_lines": [
          75.184667,
          74.729637,
          73.643049,
          72.677313
        ]
      },
      {
        "date": "2025-09-05",
        "close": 75.32,
        "volume": 243,
        "typical_volume": 1117.3,
        "trend": 72.370667,
        "fair_value": 63.030833,
        "relative_strength": -8.157308,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.62686,
        "energy": 82.680671,
        "activity_lines": [
          75.264,
          74.928001,
          73.926525,
          72.86127
        ]
      },
      {
        "date": "2025-09-12",
        "close": 76.620003,
        "volume": 913,
        "typical_volume": 1121.75,
        "trend": 72.327334,
        "fair_value": 63.186346,
        "relative_strength": -8.437001,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.851773,
        "energy": 89.844623,
        "activity_lines": [
          75.799334,
          75.314183,
          74.283811,
          73.13542
        ]
      },
      {
        "date": "2025-09-19",
        "close": 75.959999,
        "volume": 692,
        "typical_volume": 1121.0,
        "trend": 72.257334,
        "fair_value": 63.349167,
        "relative_strength": -8.444465,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.08393,
        "energy": 75.68111,
        "activity_lines": [
          75.949334,
          75.510728,
          74.533001,
          73.369786
        ]
      },
      {
        "date": "2025-09-26",
        "close": 76.709999,
        "volume": 178,
        "typical_volume": 1112.35,
        "trend": 72.241334,
        "fair_value": 63.52109,
        "relative_strength": -8.051304,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.028039,
        "energy": 78.705102,
        "activity_lines": [
          76.228,
          75.792728,
          74.823048,
          73.657055
        ]
      },
      {
        "date": "2025-10-03",
        "close": 78.400002,
        "volume": 618,
        "typical_volume": 1116.9,
        "trend": 72.407667,
        "fair_value": 63.696218,
        "relative_strength": -7.079524,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 92.813978,
        "energy": 89.158363,
        "activity_lines": [
          77.018667,
          76.329091,
          75.24243,
          74.054388
        ]
      },
      {
        "date": "2025-10-10",
        "close": 79.360001,
        "volume": 267,
        "typical_volume": 1030.6,
        "trend": 72.684001,
        "fair_value": 63.889968,
        "relative_strength": -3.0244,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.679373,
        "energy": 94.179614,
        "activity_lines": [
          77.938001,
          76.968728,
          75.72943,
          74.502926
        ]
      },
      {
        "date": "2025-10-17",
        "close": 77.660004,
        "volume": 6545,
        "typical_volume": 1231.6,
        "trend": 72.879668,
        "fair_value": 64.068333,
        "relative_strength": -4.235222,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.967035,
        "energy": 78.295905,
        "activity_lines": [
          78.021335,
          77.232001,
          76.016001,
          74.823958
        ]
      },
      {
        "date": "2025-10-24",
        "close": 79.0,
        "volume": 538,
        "typical_volume": 1224.65,
        "trend": 73.149668,
        "fair_value": 64.244936,
        "relative_strength": -4.03223,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.667128,
        "energy": 78.456853,
        "activity_lines": [
          78.482001,
          77.67491,
          76.404525,
          75.218818
        ]
      },
      {
        "date": "2025-10-31",
        "close": 80.57,
        "volume": 2303,
        "typical_volume": 1267.55,
        "trend": 73.671001,
        "fair_value": 64.435257,
        "relative_strength": -3.493514,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.78824,
        "energy": 83.988253,
        "activity_lines": [
          79.263334,
          78.31491,
          76.91262,
          75.697549
        ]
      },
      {
        "date": "2025-11-07",
        "close": 78.339996,
        "volume": 644,
        "typical_volume": 1237.15,
        "trend": 74.160334,
        "fair_value": 64.603782,
        "relative_strength": -5.245112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.473206,
        "energy": 64.695051,
        "activity_lines": [
          79.043999,
          78.465273,
          77.167239,
          75.998775
        ]
      },
      {
        "date": "2025-11-14",
        "close": 79.690002,
        "volume": 398,
        "typical_volume": 1242.2,
        "trend": 74.656001,
        "fair_value": 64.782821,
        "relative_strength": -5.630254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.586389,
        "energy": 63.932825,
        "activity_lines": [
          79.278667,
          78.81,
          77.517572,
          76.355528
        ]
      },
      {
        "date": "2025-11-21",
        "close": 77.82,
        "volume": 911,
        "typical_volume": 1270.5,
        "trend": 75.012667,
        "fair_value": 64.943654,
        "relative_strength": -4.532034,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.663986,
        "energy": 51.680742,
        "activity_lines": [
          78.868,
          78.735273,
          77.656286,
          76.559657
        ]
      },
      {
        "date": "2025-11-28",
        "close": 80.379997,
        "volume": 18,
        "typical_volume": 1100.75,
        "trend": 75.374001,
        "fair_value": 65.12141,
        "relative_strength": -2.555909,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.786878,
        "energy": 52.389104,
        "activity_lines": [
          79.299999,
          79.104181,
          78.014857,
          76.905936
        ]
      },
      {
        "date": "2025-12-05",
        "close": 80.279999,
        "volume": 65,
        "typical_volume": 1090.6,
        "trend": 75.714334,
        "fair_value": 65.307115,
        "relative_strength": -2.487512,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.974242,
        "energy": 53.541266,
        "activity_lines": [
          79.606666,
          79.374545,
          78.329524,
          77.222452
        ]
      },
      {
        "date": "2025-12-12",
        "close": 79.769997,
        "volume": 240,
        "typical_volume": 1084.15,
        "trend": 75.926667,
        "fair_value": 65.498942,
        "relative_strength": -2.933924,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.604811,
        "energy": 48.722726,
        "activity_lines": [
          79.762665,
          79.487272,
          78.564762,
          77.484108
        ]
      },
      {
        "date": "2025-12-19",
        "close": 80.040001,
        "volume": 1041,
        "typical_volume": 1096.35,
        "trend": 76.219001,
        "fair_value": 65.69468,
        "relative_strength": -4.88219,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.54103,
        "energy": 51.665612,
        "activity_lines": [
          79.913332,
          79.624181,
          78.800524,
          77.749484
        ]
      },
      {
        "date": "2025-12-26",
        "close": 80.370003,
        "volume": 532,
        "typical_volume": 1099.1,
        "trend": 76.489001,
        "fair_value": 65.893269,
        "relative_strength": -3.762103,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.425468,
        "energy": 50.865261,
        "activity_lines": [
          80.150667,
          79.808727,
          79.046857,
          78.017291
        ]
      },
      {
        "date": "2026-01-02",
        "close": 80.620003,
        "volume": 95,
        "typical_volume": 1103.85,
        "trend": 76.752668,
        "fair_value": 66.086795,
        "relative_strength": -4.649148,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.440889,
        "energy": 51.599563,
        "activity_lines": [
          80.301335,
          79.989455,
          79.287334,
          78.283807
        ]
      },
      {
        "date": "2026-01-09",
        "close": 82.349998,
        "volume": 440,
        "typical_volume": 1079.6,
        "trend": 77.099667,
        "fair_value": 66.288077,
        "relative_strength": -2.987497,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.561608,
        "energy": 65.73589,
        "activity_lines": [
          81.012667,
          80.455273,
          79.661714,
          78.644925
        ]
      },
      {
        "date": "2026-01-16",
        "close": 82.800003,
        "volume": 1670,
        "typical_volume": 917.55,
        "trend": 77.478334,
        "fair_value": 66.493205,
        "relative_strength": -2.320724,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.146126,
        "energy": 82.981847,
        "activity_lines": [
          81.736002,
          80.970546,
          80.048429,
          79.012689
        ]
      },
      {
        "date": "2026-01-23",
        "close": 81.309998,
        "volume": 1116,
        "typical_volume": 961.2,
        "trend": 77.767001,
        "fair_value": 66.683782,
        "relative_strength": -1.675389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.637272,
        "energy": 66.456436,
        "activity_lines": [
          81.760667,
          81.133818,
          80.258619,
          79.259893
        ]
      },
      {
        "date": "2026-01-30",
        "close": 80.919998,
        "volume": 501,
        "typical_volume": 940.6,
        "trend": 78.038001,
        "fair_value": 66.861474,
        "relative_strength": -3.269317,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.407862,
        "energy": 54.667188,
        "activity_lines": [
          81.570666,
          81.196727,
          80.403143,
          79.463312
        ]
      },
      {
        "date": "2026-02-06",
        "close": 80.480003,
        "volume": 1544,
        "typical_volume": 983.2,
        "trend": 78.282001,
        "fair_value": 67.036474,
        "relative_strength": -4.170503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.093128,
        "energy": 43.019573,
        "activity_lines": [
          81.197334,
          81.123273,
          80.485286,
          79.62086
        ]
      },
      {
        "date": "2026-02-13",
        "close": 81.339996,
        "volume": 2477,
        "typical_volume": 1098.15,
        "trend": 78.533334,
        "fair_value": 67.215513,
        "relative_strength": -1.926451,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.22143,
        "energy": 30.906248,
        "activity_lines": [
          81.119999,
          81.204363,
          80.627809,
          79.81815
        ]
      },
      {
        "date": "2026-02-20",
        "close": 82.120003,
        "volume": 4680,
        "typical_volume": 1301.25,
        "trend": 78.788,
        "fair_value": 67.406859,
        "relative_strength": -2.935428,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 57.426983,
        "energy": 36.518698,
        "activity_lines": [
          81.37,
          81.408,
          80.822571,
          80.049549
        ]
      },
      {
        "date": "2026-02-27",
        "close": 81.980003,
        "volume": 3192,
        "typical_volume": 1447.5,
        "trend": 78.998667,
        "fair_value": 67.594872,
        "relative_strength": -4.350501,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 63.415187,
        "energy": 43.106009,
        "activity_lines": [
          81.618668,
          81.543455,
          80.986286,
          80.255484
        ]
      },
      {
        "date": "2026-03-06",
        "close": 81.410004,
        "volume": 1268,
        "typical_volume": 1183.65,
        "trend": 79.241,
        "fair_value": 67.788462,
        "relative_strength": 1.625911,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.773958,
        "energy": 40.561691,
        "activity_lines": [
          81.632669,
          81.540001,
          81.083239,
          80.411054
        ]
      },
      {
        "date": "2026-03-13",
        "close": 80.199997,
        "volume": 1177,
        "typical_volume": 1215.6,
        "trend": 79.443,
        "fair_value": 67.979231,
        "relative_strength": -0.226771,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 34.238658,
        "energy": 24.108824,
        "activity_lines": [
          81.210667,
          81.297637,
          81.047096,
          80.472925
        ]
      },
      {
        "date": "2026-03-20",
        "close": 78.099998,
        "volume": 8758,
        "typical_volume": 1538.35,
        "trend": 79.515,
        "fair_value": 68.153974,
        "relative_strength": 0.525298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": -10.83223,
        "energy": 16.050563,
        "activity_lines": [
          80.107333,
          80.681091,
          80.805238,
          80.38628
        ]
      },
      {
        "date": "2026-03-27",
        "close": 77.150002,
        "volume": 7741,
        "typical_volume": 1893.2,
        "trend": 79.569,
        "fair_value": 68.322628,
        "relative_strength": -1.875274,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "mixed",
        "direction": -39.773437,
        "energy": 40.399368,
        "activity_lines": [
          78.903334,
          79.969091,
          80.484667,
          80.233699
        ]
      },
      {
        "date": "2026-04-03",
        "close": 79.260002,
        "volume": 4284,
        "typical_volume": 2087.5,
        "trend": 79.700334,
        "fair_value": 68.504808,
        "relative_strength": -4.014916,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.774343,
        "energy": 34.232313,
        "activity_lines": [
          78.734001,
          79.743455,
          80.370715,
          80.213764
        ]
      },
      {
        "date": "2026-04-10",
        "close": 81.510002,
        "volume": 2961,
        "typical_volume": 2190.0,
        "trend": 79.863334,
        "fair_value": 68.70141,
        "relative_strength": -5.243822,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -2.633384,
        "energy": 19.710683,
        "activity_lines": [
          79.496001,
          79.964183,
          80.473096,
          80.330517
        ]
      },
      {
        "date": "2026-04-17",
        "close": 84.190002,
        "volume": 511,
        "typical_volume": 2214.65,
        "trend": 80.137667,
        "fair_value": 68.915192,
        "relative_strength": -4.57172,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "up",
        "direction": 55.824474,
        "energy": 27.023173,
        "activity_lines": [
          81.144668,
          80.661456,
          80.813144,
          80.609657
        ]
      },
      {
        "date": "2026-04-24",
        "close": 84.339996,
        "volume": 1110,
        "typical_volume": 2266.9,
        "trend": 80.392,
        "fair_value": 69.129936,
        "relative_strength": -1.939811,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 75.715901,
        "energy": 55.502088,
        "activity_lines": [
          82.577333,
          81.318546,
          81.149334,
          80.880775
        ]
      },
      {
        "date": "2026-05-01",
        "close": 84.650002,
        "volume": 2233,
        "typical_volume": 2366.55,
        "trend": 80.600334,
        "fair_value": 69.346667,
        "relative_strength": -2.720984,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.239571,
        "energy": 79.291448,
        "activity_lines": [
          83.697334,
          81.977455,
          81.495715,
          81.155484
        ]
      },
      {
        "date": "2026-05-08",
        "close": 86.360001,
        "volume": 629,
        "typical_volume": 2345.95,
        "trend": 80.833667,
        "fair_value": 69.574359,
        "relative_strength": -2.829235,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.93678,
        "energy": 90.684217,
        "activity_lines": [
          84.887334,
          82.901273,
          81.981715,
          81.527076
        ]
      },
      {
        "date": "2026-05-15",
        "close": 87.260002,
        "volume": 830,
        "typical_volume": 2360.85,
        "trend": 81.153667,
        "fair_value": 69.786603,
        "relative_strength": -1.438486,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.236111,
        "energy": 94.249876,
        "activity_lines": [
          85.904001,
          83.909092,
          82.523334,
          81.941678
        ]
      },
      {
        "date": "2026-05-22",
        "close": 88.900002,
        "volume": 1866,
        "typical_volume": 2449.4,
        "trend": 81.483667,
        "fair_value": 70.007244,
        "relative_strength": -0.376679,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.066327,
        "energy": 95.720197,
        "activity_lines": [
          87.084001,
          85.108728,
          83.188334,
          82.441442
        ]
      },
      {
        "date": "2026-05-29",
        "close": 89.43,
        "volume": 1161,
        "typical_volume": 2485.45,
        "trend": 81.779,
        "fair_value": 70.23359,
        "relative_strength": -0.8198,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.148504,
        "energy": 94.589489,
        "activity_lines": [
          88.126668,
          86.246546,
          83.864382,
          82.954108
        ]
      },
      {
        "date": "2026-06-05",
        "close": 89.300003,
        "volume": 58,
        "typical_volume": 2404.85,
        "trend": 82.144334,
        "fair_value": 70.453077,
        "relative_strength": -0.677109,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.278945,
        "energy": 91.496763,
        "activity_lines": [
          88.786668,
          87.154729,
          84.494334,
          83.439334
        ]
      },
      {
        "date": "2026-06-12",
        "close": 89.139999,
        "volume": 540,
        "typical_volume": 2376.05,
        "trend": 82.459334,
        "fair_value": 70.66468,
        "relative_strength": -3.847643,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.628511,
        "energy": 88.805917,
        "activity_lines": [
          89.083334,
          87.81291,
          85.078096,
          83.890667
        ]
      },
      {
        "date": "2026-06-19",
        "close": 90.809998,
        "volume": 121,
        "typical_volume": 2357.05,
        "trend": 82.892334,
        "fair_value": 70.893975,
        "relative_strength": -4.447308,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.842588,
        "energy": 94.116377,
        "activity_lines": [
          89.751333,
          88.595091,
          85.78362,
          84.42942
        ]
      },
      {
        "date": "2026-06-26",
        "close": 90.050003,
        "volume": 1163,
        "typical_volume": 2338.0,
        "trend": 83.214667,
        "fair_value": 71.11218,
        "relative_strength": -2.244564,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.657453,
        "energy": 86.553525,
        "activity_lines": [
          89.929334,
          89.070001,
          86.369667,
          84.891205
        ]
      },
      {
        "date": "2026-07-03",
        "close": 91.43,
        "volume": 367,
        "typical_volume": 2232.5,
        "trend": 83.586334,
        "fair_value": 71.344936,
        "relative_strength": -3.557127,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.011649,
        "energy": 89.65503,
        "activity_lines": [
          90.490667,
          89.689273,
          87.041572,
          85.421227
        ]
      },
      {
        "date": "2026-07-10",
        "close": 91.720001,
        "volume": 5044,
        "typical_volume": 2250.7,
        "trend": 83.984667,
        "fair_value": 71.57718,
        "relative_strength": -2.788669,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.056413,
        "energy": 89.083408,
        "activity_lines": [
          91.015334,
          90.232364,
          87.693048,
          85.945979
        ]
      },
      {
        "date": "2026-07-17",
        "close": 90.440002,
        "volume": 361,
        "typical_volume": 2109.15,
        "trend": 84.331334,
        "fair_value": 71.796026,
        "relative_strength": -2.70156,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.96355,
        "energy": 67.374805,
        "activity_lines": [
          90.952001,
          90.414183,
          88.176906,
          86.362452
        ]
      },
      {
        "date": "2026-07-24",
        "close": 90.110001,
        "volume": 440,
        "typical_volume": 2067.75,
        "trend": 84.656001,
        "fair_value": 72.006475,
        "relative_strength": -2.813717,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.97701,
        "energy": 65.447576,
        "activity_lines": [
          90.692001,
          90.461819,
          88.589049,
          86.73527
        ]
      },
      {
        "date": "2026-07-31",
        "close": 90.379997,
        "volume": 446,
        "typical_volume": 2031.2,
        "trend": 84.981334,
        "fair_value": 72.225128,
        "relative_strength": -3.047043,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.76687,
        "energy": 60.80547,
        "activity_lines": [
          90.568666,
          90.506727,
          88.985477,
          87.10456
        ]
      },
      {
        "date": "2026-08-07",
        "close": 93.550003,
        "volume": 3071,
        "typical_volume": 1746.85,
        "trend": 85.354667,
        "fair_value": 72.466667,
        "relative_strength": -2.489367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.340529,
        "energy": 69.848683,
        "activity_lines": [
          91.480001,
          91.101092,
          89.635334,
          87.657377
        ]
      }
    ],
    "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."
    }
  }
}