{
  "ticker": {
    "uuid": "57c08204-9b85-453e-a2c9-0976711fdac1",
    "symbol": "PLOW",
    "name": "Douglas Dynamics Inc",
    "exchange": "NYSE",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 71.775,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 16.459,
    "architecture_energy": 16.909,
    "architecture_maturity": 52.919,
    "architecture_confidence": 88.969,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 46.61,
        "rotation_up": 19.91,
        "upward_expansion": 48.71,
        "deceleration": 90.15,
        "rotation_down": 43.79,
        "downward_expansion": 30.71
      },
      "activity_lines": [
        44.607333,
        46.06725,
        46.000224,
        45.236292
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.5
    },
    "latest_close": 44.36,
    "trend_reference": 43.767858,
    "distance_from_trend": 0.013529,
    "trend_direction": "Improving",
    "fair_value": 29.177787,
    "distance_from_fair_value": 0.520335,
    "fair_value_direction": "Weakening",
    "relative_strength": 2.974367,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.113602,
    "excess_performance": -0.012023,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.013529,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.125296,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.520335,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.11314,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.029744,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.151329,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.113602,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.561974,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 2734465,
      "relative_activity": 2.189643,
      "balance": 1.561974,
      "dry_up": 1.389966,
      "accumulation_observations": 3,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.095475,
      "annualized_volatility": 0.38219,
      "from_high_reference": -0.193455,
      "from_low_reference": 0.590207
    },
    "levels": {
      "trend_reference": 43.767858,
      "fair_value_reference": 29.177787,
      "structural_low": 38.6801,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 19,
        "median_return": 0.02167,
        "positive_rate": 0.578947,
        "directional_follow_through": 0.578947,
        "median_excess_return": -0.004355,
        "regime_survival": 0.684211,
        "best_return": 0.156584,
        "worst_return": -0.225467,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 7,
        "median_return": 0.105484,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.004736,
        "regime_survival": 0.428571,
        "best_return": 0.267959,
        "worst_return": -0.321031,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 4,
        "median_return": 0.068684,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.057066,
        "regime_survival": 0.0,
        "best_return": 0.486015,
        "worst_return": -0.249411,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": -0.012212,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.186512,
        "regime_survival": 0.5,
        "best_return": 0.224199,
        "worst_return": -0.248623,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-10-25",
        "end": "2024-11-15",
        "tenure": "New",
        "return": -0.033125,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-11-22",
        "end": "2024-11-29",
        "tenure": "New",
        "return": 0.02332,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-12-06",
        "end": "2025-02-21",
        "tenure": "Developing",
        "return": 0.026881,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-02-28",
        "end": "2025-03-14",
        "tenure": "New",
        "return": -0.097633,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-21",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.05443,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-11",
        "end": "2025-05-02",
        "tenure": "New",
        "return": 0.089738,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-09",
        "end": "2025-05-16",
        "tenure": "New",
        "return": 0.059816,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-10-03",
        "tenure": "Established",
        "return": 0.185364,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-10",
        "end": "2025-12-12",
        "tenure": "Developing",
        "return": 0.139496,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-19",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": 0.238237,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-03",
        "end": "2026-04-10",
        "tenure": "New",
        "return": 0.105941,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-17",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": -0.043083,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-05-29",
        "end": "2026-06-19",
        "tenure": "New",
        "return": 0.115788,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-26",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": -0.176842,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 27.288726,
        "volume": 404678,
        "typical_volume": 503241.05,
        "trend": 28.094849,
        "fair_value": 30.861647,
        "relative_strength": -12.496139,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.185572,
        "energy": 17.102578,
        "activity_lines": [
          27.666874,
          27.192685,
          26.676282,
          26.924039
        ]
      },
      {
        "date": "2023-08-25",
        "close": 26.792406,
        "volume": 220257,
        "typical_volume": 497089.4,
        "trend": 27.832034,
        "fair_value": 30.831805,
        "relative_strength": -14.680124,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -4.587729,
        "energy": 13.436131,
        "activity_lines": [
          27.405716,
          27.176087,
          26.721544,
          26.84001
        ]
      },
      {
        "date": "2023-09-01",
        "close": 27.749595,
        "volume": 834137,
        "typical_volume": 518914.5,
        "trend": 27.561986,
        "fair_value": 30.801763,
        "relative_strength": -13.783079,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": 8.925887,
        "energy": 11.467737,
        "activity_lines": [
          27.4843,
          27.33723,
          26.855786,
          26.834692
        ]
      },
      {
        "date": "2023-09-08",
        "close": 28.130697,
        "volume": 350886,
        "typical_volume": 494591.05,
        "trend": 27.356826,
        "fair_value": 30.788998,
        "relative_strength": -11.390398,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 30.126225,
        "energy": 18.247893,
        "activity_lines": [
          27.646195,
          27.529796,
          27.018373,
          26.871383
        ]
      },
      {
        "date": "2023-09-15",
        "close": 27.217823,
        "volume": 520083,
        "typical_volume": 490737.2,
        "trend": 27.107322,
        "fair_value": 30.776687,
        "relative_strength": -14.031233,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.034794,
        "energy": 10.031175,
        "activity_lines": [
          27.515615,
          27.526412,
          27.084168,
          26.862415
        ]
      },
      {
        "date": "2023-09-22",
        "close": 26.899759,
        "volume": 374620,
        "typical_volume": 454830.65,
        "trend": 26.901429,
        "fair_value": 30.769759,
        "relative_strength": -12.353866,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.615571,
        "energy": 9.235648,
        "activity_lines": [
          27.336918,
          27.436514,
          27.112581,
          26.849023
        ]
      },
      {
        "date": "2023-09-29",
        "close": 27.007143,
        "volume": 382290,
        "typical_volume": 452684.8,
        "trend": 26.713033,
        "fair_value": 30.761703,
        "relative_strength": -11.265729,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 33.178554,
        "energy": 14.777573,
        "activity_lines": [
          27.219947,
          27.35291,
          27.13904,
          26.855844
        ]
      },
      {
        "date": "2023-10-06",
        "close": 26.711836,
        "volume": 276039,
        "typical_volume": 436275.75,
        "trend": 26.644674,
        "fair_value": 30.741789,
        "relative_strength": -12.521518,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 25.259951,
        "energy": 15.358258,
        "activity_lines": [
          26.990225,
          27.217348,
          27.126312,
          26.855766
        ]
      },
      {
        "date": "2023-10-13",
        "close": 27.087681,
        "volume": 482080,
        "typical_volume": 431871.6,
        "trend": 26.651644,
        "fair_value": 30.730253,
        "relative_strength": -11.447214,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 25.500284,
        "energy": 14.651905,
        "activity_lines": [
          26.954968,
          27.157066,
          27.143735,
          26.884348
        ]
      },
      {
        "date": "2023-10-20",
        "close": 26.335991,
        "volume": 586019,
        "typical_volume": 428241.5,
        "trend": 26.608978,
        "fair_value": 30.711718,
        "relative_strength": -11.498079,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 5.32046,
        "energy": 8.978047,
        "activity_lines": [
          26.738682,
          26.9823,
          27.082513,
          26.863983
        ]
      },
      {
        "date": "2023-10-27",
        "close": 25.029483,
        "volume": 561299,
        "typical_volume": 430099.2,
        "trend": 26.510181,
        "fair_value": 30.695137,
        "relative_strength": -13.356693,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -28.430188,
        "energy": 29.009925,
        "activity_lines": [
          26.145682,
          26.601812,
          26.896769,
          26.76208
        ]
      },
      {
        "date": "2023-11-03",
        "close": 24.36728,
        "volume": 989062,
        "typical_volume": 457995.15,
        "trend": 26.444612,
        "fair_value": 30.66502,
        "relative_strength": -19.616221,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -34.42117,
        "energy": 47.442977,
        "activity_lines": [
          25.456634,
          26.142001,
          26.656513,
          26.623828
        ]
      },
      {
        "date": "2023-11-10",
        "close": 23.696128,
        "volume": 405489,
        "typical_volume": 457034.8,
        "trend": 26.365156,
        "fair_value": 30.62318,
        "relative_strength": -22.195518,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -48.798957,
        "energy": 63.538362,
        "activity_lines": [
          24.719858,
          25.604256,
          26.364857,
          26.446507
        ]
      },
      {
        "date": "2023-11-17",
        "close": 24.653638,
        "volume": 399511,
        "typical_volume": 453404.4,
        "trend": 26.318203,
        "fair_value": 30.584519,
        "relative_strength": -20.206652,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.342692,
        "energy": 59.789619,
        "activity_lines": [
          24.5033,
          25.314302,
          26.173776,
          26.336086
        ]
      },
      {
        "date": "2023-11-24",
        "close": 24.412023,
        "volume": 218454,
        "typical_volume": 450542.7,
        "trend": 26.274315,
        "fair_value": 30.533411,
        "relative_strength": -21.084584,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -60.931408,
        "energy": 66.58974,
        "activity_lines": [
          24.368473,
          25.043638,
          25.968392,
          26.213107
        ]
      },
      {
        "date": "2023-12-01",
        "close": 25.190559,
        "volume": 448506,
        "typical_volume": 457849.5,
        "trend": 26.30261,
        "fair_value": 30.482363,
        "relative_strength": -18.565412,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -56.943391,
        "energy": 50.40312,
        "activity_lines": [
          24.621422,
          24.96554,
          25.843003,
          26.143187
        ]
      },
      {
        "date": "2023-12-08",
        "close": 26.443376,
        "volume": 542093,
        "typical_volume": 469377.7,
        "trend": 26.361254,
        "fair_value": 30.431094,
        "relative_strength": -14.123955,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.423794,
        "energy": 20.64466,
        "activity_lines": [
          25.281239,
          25.146304,
          25.841603,
          26.152269
        ]
      },
      {
        "date": "2023-12-15",
        "close": 27.687243,
        "volume": 783273,
        "typical_volume": 488637.3,
        "trend": 26.43327,
        "fair_value": 30.387403,
        "relative_strength": -11.67025,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -6.191128,
        "energy": 13.061495,
        "activity_lines": [
          26.217272,
          25.563475,
          25.961806,
          26.237816
        ]
      },
      {
        "date": "2023-12-22",
        "close": 27.280867,
        "volume": 584820,
        "typical_volume": 488558.25,
        "trend": 26.489106,
        "fair_value": 30.341263,
        "relative_strength": -13.144811,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 10.787027,
        "energy": 22.048324,
        "activity_lines": [
          26.751772,
          25.889026,
          26.040481,
          26.2925
        ]
      },
      {
        "date": "2023-12-29",
        "close": 26.820011,
        "volume": 455531,
        "typical_volume": 490956.35,
        "trend": 26.50588,
        "fair_value": 30.289767,
        "relative_strength": -14.23701,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 14.9091,
        "energy": 24.977975,
        "activity_lines": [
          26.957504,
          26.127272,
          26.080155,
          26.313849
        ]
      },
      {
        "date": "2024-01-05",
        "close": 24.100057,
        "volume": 731627,
        "typical_volume": 507303.8,
        "trend": 26.415018,
        "fair_value": 30.217125,
        "relative_strength": -20.915675,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -41.355898,
        "energy": 22.353681,
        "activity_lines": [
          26.096053,
          25.86218,
          25.866816,
          26.158634
        ]
      },
      {
        "date": "2024-01-12",
        "close": 23.250636,
        "volume": 1067452,
        "typical_volume": 549663.55,
        "trend": 26.290164,
        "fair_value": 30.141442,
        "relative_strength": -24.272763,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -63.656222,
        "energy": 39.838768,
        "activity_lines": [
          25.024161,
          25.459547,
          25.587764,
          25.954481
        ]
      },
      {
        "date": "2024-01-19",
        "close": 24.181385,
        "volume": 522144,
        "typical_volume": 534063.9,
        "trend": 26.240649,
        "fair_value": 30.068434,
        "relative_strength": -21.318063,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -55.519277,
        "energy": 50.547562,
        "activity_lines": [
          24.475369,
          25.246443,
          25.414221,
          25.818431
        ]
      },
      {
        "date": "2024-01-26",
        "close": 25.934445,
        "volume": 746467,
        "typical_volume": 553842.95,
        "trend": 26.222391,
        "fair_value": 30.021551,
        "relative_strength": -15.620812,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -48.46366,
        "energy": 41.38394,
        "activity_lines": [
          24.744653,
          25.343255,
          25.424627,
          25.798675
        ]
      },
      {
        "date": "2024-02-02",
        "close": 23.042799,
        "volume": 1393033,
        "typical_volume": 597490.45,
        "trend": 26.135809,
        "fair_value": 29.930484,
        "relative_strength": -25.130185,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.219725,
        "energy": 66.18679,
        "activity_lines": [
          24.139817,
          24.891026,
          25.170097,
          25.593541
        ]
      },
      {
        "date": "2024-02-09",
        "close": 22.681344,
        "volume": 815842,
        "typical_volume": 619551.55,
        "trend": 26.019454,
        "fair_value": 29.835428,
        "relative_strength": -26.401168,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.272354,
        "energy": 64.226949,
        "activity_lines": [
          23.66631,
          24.397973,
          24.901023,
          25.370672
        ]
      },
      {
        "date": "2024-02-16",
        "close": 22.383143,
        "volume": 1253578,
        "typical_volume": 663115.95,
        "trend": 25.862138,
        "fair_value": 29.729789,
        "relative_strength": -26.159923,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.131694,
        "energy": 65.581766,
        "activity_lines": [
          23.187984,
          23.896323,
          24.623637,
          25.136071
        ]
      },
      {
        "date": "2024-02-23",
        "close": 21.705413,
        "volume": 1019800,
        "typical_volume": 700304.0,
        "trend": 25.682527,
        "fair_value": 29.617246,
        "relative_strength": -28.621946,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -74.226013,
        "energy": 76.773813,
        "activity_lines": [
          22.541581,
          23.345272,
          24.303724,
          24.867895
        ]
      },
      {
        "date": "2024-03-01",
        "close": 22.247597,
        "volume": 1334296,
        "typical_volume": 742914.8,
        "trend": 25.480516,
        "fair_value": 29.500708,
        "relative_strength": -26.641469,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.735873,
        "energy": 66.535944,
        "activity_lines": [
          22.24097,
          23.001561,
          24.059288,
          24.646287
        ]
      },
      {
        "date": "2024-03-08",
        "close": 22.934363,
        "volume": 842205,
        "typical_volume": 755724.1,
        "trend": 25.308782,
        "fair_value": 29.380319,
        "relative_strength": -23.441766,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.35224,
        "energy": 52.468585,
        "activity_lines": [
          22.415071,
          22.87423,
          23.903307,
          24.482019
        ]
      },
      {
        "date": "2024-03-15",
        "close": 21.086421,
        "volume": 1396274,
        "typical_volume": 797472.85,
        "trend": 25.102038,
        "fair_value": 29.263809,
        "relative_strength": -28.904795,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.216429,
        "energy": 55.013982,
        "activity_lines": [
          21.980421,
          22.481557,
          23.587529,
          24.209609
        ]
      },
      {
        "date": "2024-03-22",
        "close": 21.086421,
        "volume": 1551984,
        "typical_volume": 825618.95,
        "trend": 24.911839,
        "fair_value": 29.156283,
        "relative_strength": -29.752507,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.663803,
        "energy": 49.641056,
        "activity_lines": [
          21.652099,
          22.143679,
          23.290527,
          23.950536
        ]
      },
      {
        "date": "2024-03-29",
        "close": 22.074847,
        "volume": 1575992,
        "typical_volume": 884144.1,
        "trend": 24.72268,
        "fair_value": 29.048998,
        "relative_strength": -26.050201,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -57.047157,
        "energy": 41.955375,
        "activity_lines": [
          21.7397,
          22.024863,
          23.103285,
          23.767505
        ]
      },
      {
        "date": "2024-04-05",
        "close": 21.965021,
        "volume": 973701,
        "typical_volume": 912853.6,
        "trend": 24.517158,
        "fair_value": 28.945476,
        "relative_strength": -25.181531,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -56.376931,
        "energy": 43.05496,
        "activity_lines": [
          21.766064,
          21.92438,
          22.913303,
          23.589591
        ]
      },
      {
        "date": "2024-04-12",
        "close": 20.043082,
        "volume": 2203148,
        "typical_volume": 1012088.3,
        "trend": 24.278,
        "fair_value": 28.827006,
        "relative_strength": -30.123873,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -72.783797,
        "energy": 50.478305,
        "activity_lines": [
          21.17062,
          21.546624,
          22.553082,
          23.300941
        ]
      },
      {
        "date": "2024-04-19",
        "close": 20.134603,
        "volume": 1369617,
        "typical_volume": 1058143.85,
        "trend": 24.052495,
        "fair_value": 28.70886,
        "relative_strength": -26.993309,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -69.448543,
        "energy": 52.967959,
        "activity_lines": [
          20.798435,
          21.240049,
          22.222382,
          23.033625
        ]
      },
      {
        "date": "2024-04-26",
        "close": 20.482382,
        "volume": 1063246,
        "typical_volume": 1084201.5,
        "trend": 23.835002,
        "fair_value": 28.605133,
        "relative_strength": -27.080999,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -63.087396,
        "energy": 61.69425,
        "activity_lines": [
          20.60563,
          21.043011,
          21.94888,
          22.803295
        ]
      },
      {
        "date": "2024-05-03",
        "close": 21.544025,
        "volume": 1755794,
        "typical_volume": 1132827.55,
        "trend": 23.662742,
        "fair_value": 28.508632,
        "relative_strength": -23.283101,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.325599,
        "energy": 55.914236,
        "activity_lines": [
          20.806976,
          21.073558,
          21.804873,
          22.65549
        ]
      },
      {
        "date": "2024-05-10",
        "close": 23.18225,
        "volume": 883991,
        "typical_volume": 1147786.1,
        "trend": 23.532561,
        "fair_value": 28.431775,
        "relative_strength": -18.496918,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -31.420056,
        "energy": 23.571872,
        "activity_lines": [
          21.589786,
          21.404899,
          21.84614,
          22.624491
        ]
      },
      {
        "date": "2024-05-17",
        "close": 23.420204,
        "volume": 833807,
        "typical_volume": 1166699.9,
        "trend": 23.435368,
        "fair_value": 28.362276,
        "relative_strength": -18.493286,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -15.069866,
        "energy": 17.353445,
        "activity_lines": [
          22.370764,
          21.762511,
          21.929587,
          22.617242
        ]
      },
      {
        "date": "2024-05-24",
        "close": 23.118185,
        "volume": 947428,
        "typical_volume": 1177489.95,
        "trend": 23.371658,
        "fair_value": 28.280069,
        "relative_strength": -19.021015,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -2.938578,
        "energy": 20.644616,
        "activity_lines": [
          22.825928,
          22.056376,
          22.00046,
          22.596779
        ]
      },
      {
        "date": "2024-05-31",
        "close": 22.752101,
        "volume": 672266,
        "typical_volume": 1157730.65,
        "trend": 23.317819,
        "fair_value": 28.193887,
        "relative_strength": -19.437357,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.015505,
        "energy": 24.340921,
        "activity_lines": [
          22.960159,
          22.246739,
          22.041143,
          22.556807
        ]
      },
      {
        "date": "2024-06-07",
        "close": 22.807014,
        "volume": 882608,
        "typical_volume": 1175753.85,
        "trend": 23.288182,
        "fair_value": 28.112313,
        "relative_strength": -19.652678,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.151634,
        "energy": 20.602762,
        "activity_lines": [
          22.961379,
          22.416802,
          22.08943,
          22.523852
        ]
      },
      {
        "date": "2024-06-14",
        "close": 21.333527,
        "volume": 1090884,
        "typical_volume": 1192974.7,
        "trend": 23.177511,
        "fair_value": 28.042446,
        "relative_strength": -25.443284,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.430016,
        "energy": 13.933429,
        "activity_lines": [
          22.387238,
          22.305646,
          22.003929,
          22.397745
        ]
      },
      {
        "date": "2024-06-21",
        "close": 21.216671,
        "volume": 691321,
        "typical_volume": 1157889.1,
        "trend": 23.071,
        "fair_value": 27.956539,
        "relative_strength": -25.755183,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -44.469065,
        "energy": 25.766598,
        "activity_lines": [
          21.897393,
          22.184724,
          21.929209,
          22.271239
        ]
      },
      {
        "date": "2024-06-28",
        "close": 21.689389,
        "volume": 1186894,
        "typical_volume": 1176441.7,
        "trend": 22.954294,
        "fair_value": 27.882074,
        "relative_strength": -23.479335,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -37.670478,
        "energy": 28.381588,
        "activity_lines": [
          21.712023,
          22.128414,
          21.908205,
          22.182103
        ]
      },
      {
        "date": "2024-07-05",
        "close": 20.05805,
        "volume": 571426,
        "typical_volume": 1142334.1,
        "trend": 22.74145,
        "fair_value": 27.796465,
        "relative_strength": -29.966237,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -64.460629,
        "energy": 48.532592,
        "activity_lines": [
          21.078126,
          21.747228,
          21.736559,
          21.995249
        ]
      },
      {
        "date": "2024-07-12",
        "close": 20.984947,
        "volume": 1026487,
        "typical_volume": 1142668.45,
        "trend": 22.51804,
        "fair_value": 27.72357,
        "relative_strength": -26.841466,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -56.545178,
        "energy": 58.69913,
        "activity_lines": [
          20.932798,
          21.542283,
          21.66426,
          21.881926
        ]
      },
      {
        "date": "2024-07-19",
        "close": 22.838741,
        "volume": 1892418,
        "typical_volume": 1170574.55,
        "trend": 22.369969,
        "fair_value": 27.666262,
        "relative_strength": -18.194296,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -31.158511,
        "energy": 21.418682,
        "activity_lines": [
          21.526873,
          21.684557,
          21.771945,
          21.902616
        ]
      },
      {
        "date": "2024-07-26",
        "close": 24.303238,
        "volume": 941935,
        "typical_volume": 1175561.05,
        "trend": 22.286077,
        "fair_value": 27.610934,
        "relative_strength": -11.703875,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 27.286412,
        "energy": 16.484973,
        "activity_lines": [
          22.508766,
          22.099349,
          22.01629,
          22.027344
        ]
      },
      {
        "date": "2024-08-02",
        "close": 25.795542,
        "volume": 2357655,
        "typical_volume": 1223630.1,
        "trend": 22.342593,
        "fair_value": 27.559194,
        "relative_strength": -3.672283,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 51.054634,
        "energy": 52.631305,
        "activity_lines": [
          23.782322,
          22.769414,
          22.396241,
          22.253761
        ]
      },
      {
        "date": "2024-08-09",
        "close": 25.202328,
        "volume": 1136389,
        "typical_volume": 1202850.35,
        "trend": 22.407649,
        "fair_value": 27.515238,
        "relative_strength": -5.300902,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 70.879377,
        "energy": 75.161863,
        "activity_lines": [
          24.584397,
          23.282942,
          22.697271,
          22.43826
        ]
      },
      {
        "date": "2024-08-16",
        "close": 25.257942,
        "volume": 912312,
        "typical_volume": 1169666.35,
        "trend": 22.443534,
        "fair_value": 27.482644,
        "relative_strength": -8.111301,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.301495,
        "energy": 79.269568,
        "activity_lines": [
          25.062058,
          23.762033,
          22.983998,
          22.62215
        ]
      },
      {
        "date": "2024-08-23",
        "close": 26.703902,
        "volume": 765857,
        "typical_volume": 1159274.15,
        "trend": 22.469183,
        "fair_value": 27.442441,
        "relative_strength": -3.670109,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.196931,
        "energy": 84.840618,
        "activity_lines": [
          25.736839,
          24.459462,
          23.393278,
          22.897012
        ]
      },
      {
        "date": "2024-08-30",
        "close": 25.804811,
        "volume": 575000,
        "typical_volume": 1077866.75,
        "trend": 22.56125,
        "fair_value": 27.400442,
        "relative_strength": -6.564966,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.914127,
        "energy": 74.190684,
        "activity_lines": [
          25.854246,
          24.895778,
          23.694364,
          23.112214
        ]
      },
      {
        "date": "2024-09-06",
        "close": 24.683266,
        "volume": 385820,
        "typical_volume": 1028676.9,
        "trend": 22.627981,
        "fair_value": 27.356493,
        "relative_strength": -6.092478,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.322536,
        "energy": 49.553857,
        "activity_lines": [
          25.497699,
          25.044756,
          23.8612,
          23.249118
        ]
      },
      {
        "date": "2024-09-13",
        "close": 25.54528,
        "volume": 771932,
        "typical_volume": 1014111.2,
        "trend": 22.733385,
        "fair_value": 27.324621,
        "relative_strength": -5.940394,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.057723,
        "energy": 47.204939,
        "activity_lines": [
          25.502643,
          25.296029,
          24.088472,
          23.437331
        ]
      },
      {
        "date": "2024-09-20",
        "close": 26.166448,
        "volume": 1023373,
        "typical_volume": 977490.15,
        "trend": 22.882087,
        "fair_value": 27.300784,
        "relative_strength": -4.346619,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.436972,
        "energy": 43.480063,
        "activity_lines": [
          25.691779,
          25.560474,
          24.350794,
          23.658819
        ]
      },
      {
        "date": "2024-09-27",
        "close": 25.847916,
        "volume": 480313,
        "typical_volume": 957306.25,
        "trend": 23.002097,
        "fair_value": 27.266001,
        "relative_strength": -5.332335,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.567009,
        "energy": 38.734072,
        "activity_lines": [
          25.71417,
          25.672795,
          24.560767,
          23.850163
        ]
      },
      {
        "date": "2024-10-04",
        "close": 25.285801,
        "volume": 520104,
        "typical_volume": 941621.1,
        "trend": 23.080479,
        "fair_value": 27.226441,
        "relative_strength": -6.927101,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 45.966805,
        "energy": 34.019813,
        "activity_lines": [
          25.606256,
          25.628201,
          24.704513,
          23.997498
        ]
      },
      {
        "date": "2024-10-11",
        "close": 24.817372,
        "volume": 520295,
        "typical_volume": 920264.45,
        "trend": 23.204844,
        "fair_value": 27.181106,
        "relative_strength": -8.922939,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.81824,
        "energy": 28.333546,
        "activity_lines": [
          25.376799,
          25.480574,
          24.794762,
          24.109556
        ]
      },
      {
        "date": "2024-10-18",
        "close": 25.398224,
        "volume": 1351130,
        "typical_volume": 954207.65,
        "trend": 23.34857,
        "fair_value": 27.140134,
        "relative_strength": -6.830585,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.340595,
        "energy": 23.778206,
        "activity_lines": [
          25.332019,
          25.456341,
          24.932239,
          24.251064
        ]
      },
      {
        "date": "2024-10-25",
        "close": 24.03978,
        "volume": 718702,
        "typical_volume": 946012.35,
        "trend": 23.414068,
        "fair_value": 27.068701,
        "relative_strength": -10.21857,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.628494,
        "energy": 17.083892,
        "activity_lines": [
          24.844229,
          25.181556,
          24.92774,
          24.295659
        ]
      },
      {
        "date": "2024-11-01",
        "close": 21.510263,
        "volume": 1790353,
        "typical_volume": 980985.8,
        "trend": 23.398909,
        "fair_value": 26.973908,
        "relative_strength": -17.886225,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -17.843779,
        "energy": 25.050318,
        "activity_lines": [
          23.655043,
          24.469007,
          24.676464,
          24.172832
        ]
      },
      {
        "date": "2024-11-08",
        "close": 23.805566,
        "volume": 1005626,
        "typical_volume": 996701.05,
        "trend": 23.524326,
        "fair_value": 26.885458,
        "relative_strength": -12.710249,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.249445,
        "energy": 23.766791,
        "activity_lines": [
          23.520136,
          24.268216,
          24.642947,
          24.199068
        ]
      },
      {
        "date": "2024-11-15",
        "close": 23.243451,
        "volume": 772381,
        "typical_volume": 975975.4,
        "trend": 23.627954,
        "fair_value": 26.79559,
        "relative_strength": -12.379227,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -19.17677,
        "energy": 29.428204,
        "activity_lines": [
          23.296539,
          24.001573,
          24.543567,
          24.180947
        ]
      },
      {
        "date": "2024-11-22",
        "close": 23.702511,
        "volume": 631806,
        "typical_volume": 978994.4,
        "trend": 23.735292,
        "fair_value": 26.729353,
        "relative_strength": -11.567022,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.132066,
        "energy": 32.948929,
        "activity_lines": [
          23.330891,
          23.844573,
          24.480507,
          24.185758
        ]
      },
      {
        "date": "2024-11-29",
        "close": 24.255258,
        "volume": 517849,
        "typical_volume": 953562.5,
        "trend": 23.825666,
        "fair_value": 26.671457,
        "relative_strength": -9.971249,
        "stage": 1,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -12.112036,
        "energy": 12.456932,
        "activity_lines": [
          23.662539,
          23.821577,
          24.452735,
          24.219304
        ]
      },
      {
        "date": "2024-12-06",
        "close": 23.824303,
        "volume": 627217,
        "typical_volume": 890302.45,
        "trend": 23.847068,
        "fair_value": 26.6084,
        "relative_strength": -11.612184,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -0.094293,
        "energy": 5.596153,
        "activity_lines": [
          23.83617,
          23.754975,
          24.368346,
          24.219216
        ]
      },
      {
        "date": "2024-12-13",
        "close": 23.889883,
        "volume": 666830,
        "typical_volume": 876547.2,
        "trend": 23.862724,
        "fair_value": 26.560478,
        "relative_strength": -10.060285,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 2.951022,
        "energy": 4.606431,
        "activity_lines": [
          23.877392,
          23.73709,
          24.28551,
          24.221978
        ]
      },
      {
        "date": "2024-12-20",
        "close": 22.65428,
        "volume": 971505,
        "typical_volume": 807239.7,
        "trend": 23.84726,
        "fair_value": 26.49801,
        "relative_strength": -12.351917,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -31.9185,
        "energy": 17.663664,
        "activity_lines": [
          23.501125,
          23.51993,
          24.086966,
          24.144014
        ]
      },
      {
        "date": "2024-12-27",
        "close": 22.104511,
        "volume": 324210,
        "typical_volume": 766630.75,
        "trend": 23.825674,
        "fair_value": 26.429815,
        "relative_strength": -14.279701,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -37.486616,
        "energy": 36.158136,
        "activity_lines": [
          22.980879,
          23.24214,
          23.851022,
          24.031579
        ]
      },
      {
        "date": "2025-01-03",
        "close": 22.986037,
        "volume": 510311,
        "typical_volume": 746530.7,
        "trend": 23.831641,
        "fair_value": 26.365604,
        "relative_strength": -9.867108,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -25.180313,
        "energy": 38.077029,
        "activity_lines": [
          22.861009,
          23.184514,
          23.713783,
          23.977408
        ]
      },
      {
        "date": "2025-01-10",
        "close": 22.123468,
        "volume": 796677,
        "typical_volume": 748071.7,
        "trend": 23.857973,
        "fair_value": 26.301399,
        "relative_strength": -11.088729,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -34.783661,
        "energy": 48.990649,
        "activity_lines": [
          22.538231,
          22.989216,
          23.505214,
          23.867204
        ]
      },
      {
        "date": "2025-01-17",
        "close": 23.441018,
        "volume": 1167177,
        "typical_volume": 777680.55,
        "trend": 23.932118,
        "fair_value": 26.259719,
        "relative_strength": -8.0116,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -52.258282,
        "energy": 44.109257,
        "activity_lines": [
          22.768025,
          23.022324,
          23.443938,
          23.840303
        ]
      },
      {
        "date": "2025-01-24",
        "close": 24.43629,
        "volume": 564346,
        "typical_volume": 786606.85,
        "trend": 24.023681,
        "fair_value": 26.225601,
        "relative_strength": -5.158855,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -25.76018,
        "energy": 13.244727,
        "activity_lines": [
          23.359501,
          23.243018,
          23.488705,
          23.872831
        ]
      },
      {
        "date": "2025-01-31",
        "close": 24.502642,
        "volume": 587995,
        "typical_volume": 777410.0,
        "trend": 24.171834,
        "fair_value": 26.186427,
        "relative_strength": -3.645515,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.758482,
        "energy": 13.817697,
        "activity_lines": [
          23.854293,
          23.454088,
          23.540968,
          23.903731
        ]
      },
      {
        "date": "2025-02-07",
        "close": 24.313066,
        "volume": 835373,
        "typical_volume": 768010.0,
        "trend": 24.282771,
        "fair_value": 26.150497,
        "relative_strength": -3.989509,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.164018,
        "energy": 18.614666,
        "activity_lines": [
          24.126018,
          23.616142,
          23.580141,
          23.912843
        ]
      },
      {
        "date": "2025-02-14",
        "close": 24.322545,
        "volume": 536383,
        "typical_volume": 770813.5,
        "trend": 24.332231,
        "fair_value": 26.110491,
        "relative_strength": -5.121123,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -2.619721,
        "energy": 20.749376,
        "activity_lines": [
          24.312434,
          23.778869,
          23.629042,
          23.915409
        ]
      },
      {
        "date": "2025-02-21",
        "close": 24.464726,
        "volume": 411033,
        "typical_volume": 765359.95,
        "trend": 24.337614,
        "fair_value": 26.072203,
        "relative_strength": -2.902531,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 19.616605,
        "energy": 33.6609,
        "activity_lines": [
          24.399639,
          23.958387,
          23.698748,
          23.923957
        ]
      },
      {
        "date": "2025-02-28",
        "close": 25.630616,
        "volume": 1151548,
        "typical_volume": 796922.6,
        "trend": 24.332117,
        "fair_value": 26.035047,
        "relative_strength": 2.748514,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 36.12521,
        "energy": 44.966417,
        "activity_lines": [
          24.807226,
          24.339434,
          23.883401,
          24.007377
        ]
      },
      {
        "date": "2025-03-07",
        "close": 24.398375,
        "volume": 872509,
        "typical_volume": 772991.55,
        "trend": 24.305318,
        "fair_value": 26.008424,
        "relative_strength": 1.049964,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": 18.802028,
        "energy": 26.549467,
        "activity_lines": [
          24.724445,
          24.442322,
          23.946825,
          24.011651
        ]
      },
      {
        "date": "2025-03-14",
        "close": 23.128219,
        "volume": 975840,
        "typical_volume": 785848.45,
        "trend": 24.234328,
        "fair_value": 25.961711,
        "relative_strength": -1.94939,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "mixed",
        "direction": -11.323659,
        "energy": 9.874334,
        "activity_lines": [
          24.225229,
          24.272566,
          23.894043,
          23.935709
        ]
      },
      {
        "date": "2025-03-21",
        "close": 22.739459,
        "volume": 643418,
        "typical_volume": 728501.7,
        "trend": 24.102179,
        "fair_value": 25.921555,
        "relative_strength": -4.057302,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -41.969998,
        "energy": 20.40267,
        "activity_lines": [
          23.675417,
          24.029541,
          23.808577,
          23.839266
        ]
      },
      {
        "date": "2025-03-28",
        "close": 22.278913,
        "volume": 626883,
        "typical_volume": 709564.55,
        "trend": 23.98465,
        "fair_value": 25.876117,
        "relative_strength": -4.477414,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -51.884232,
        "energy": 36.068127,
        "activity_lines": [
          23.077628,
          23.69158,
          23.673396,
          23.721636
        ]
      },
      {
        "date": "2025-04-04",
        "close": 21.501742,
        "volume": 1327616,
        "typical_volume": 737326.3,
        "trend": 23.878599,
        "fair_value": 25.838919,
        "relative_strength": 1.398797,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -70.90186,
        "energy": 61.652089,
        "activity_lines": [
          22.366503,
          23.233445,
          23.471469,
          23.561449
        ]
      },
      {
        "date": "2025-04-11",
        "close": 21.597689,
        "volume": 1650820,
        "typical_volume": 788277.0,
        "trend": 23.747012,
        "fair_value": 25.793666,
        "relative_strength": -3.647397,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.715023,
        "energy": 70.390956,
        "activity_lines": [
          21.962619,
          22.84611,
          23.286973,
          23.414293
        ]
      },
      {
        "date": "2025-04-18",
        "close": 22.691486,
        "volume": 1200184,
        "typical_volume": 822393.75,
        "trend": 23.63118,
        "fair_value": 25.760248,
        "relative_strength": 2.589807,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -60.197489,
        "energy": 63.351238,
        "activity_lines": [
          22.110046,
          22.710465,
          23.216672,
          23.346195
        ]
      },
      {
        "date": "2025-04-25",
        "close": 22.912164,
        "volume": 920754,
        "typical_volume": 837070.6,
        "trend": 23.533322,
        "fair_value": 25.739353,
        "relative_strength": -1.006912,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.941872,
        "energy": 47.258632,
        "activity_lines": [
          22.360149,
          22.644426,
          23.174834,
          23.299807
        ]
      },
      {
        "date": "2025-05-02",
        "close": 23.53582,
        "volume": 832228,
        "typical_volume": 845340.5,
        "trend": 23.474989,
        "fair_value": 25.723539,
        "relative_strength": -1.152856,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.045288,
        "energy": 18.42669,
        "activity_lines": [
          22.806622,
          22.717423,
          23.196735,
          23.299968
        ]
      },
      {
        "date": "2025-05-09",
        "close": 26.145581,
        "volume": 1945471,
        "typical_volume": 894038.8,
        "trend": 23.519263,
        "fair_value": 25.728735,
        "relative_strength": 10.215328,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.843799,
        "energy": 24.401093,
        "activity_lines": [
          24.039223,
          23.281811,
          23.468871,
          23.472264
        ]
      },
      {
        "date": "2025-05-16",
        "close": 27.709518,
        "volume": 1723101,
        "typical_volume": 963983.35,
        "trend": 23.596306,
        "fair_value": 25.746233,
        "relative_strength": 10.844986,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 81.097355,
        "energy": 64.733024,
        "activity_lines": [
          25.483546,
          24.121188,
          23.873328,
          23.742603
        ]
      },
      {
        "date": "2025-05-23",
        "close": 25.876929,
        "volume": 762215,
        "typical_volume": 976578.55,
        "trend": 23.657544,
        "fair_value": 25.742012,
        "relative_strength": 6.188926,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.293439,
        "energy": 67.883654,
        "activity_lines": [
          25.909551,
          24.567164,
          24.076563,
          23.88974
        ]
      },
      {
        "date": "2025-05-30",
        "close": 26.375854,
        "volume": 550623,
        "typical_volume": 964275.85,
        "trend": 23.819731,
        "fair_value": 25.741803,
        "relative_strength": 6.296953,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.283931,
        "energy": 77.455158,
        "activity_lines": [
          26.289501,
          25.053877,
          24.313547,
          24.065115
        ]
      },
      {
        "date": "2025-06-06",
        "close": 26.682884,
        "volume": 563334,
        "typical_volume": 934083.7,
        "trend": 23.915641,
        "fair_value": 25.743128,
        "relative_strength": 5.722351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.877904,
        "energy": 78.691978,
        "activity_lines": [
          26.540883,
          25.530298,
          24.559524,
          24.249834
        ]
      },
      {
        "date": "2025-06-13",
        "close": 27.517624,
        "volume": 879880,
        "typical_volume": 949860.4,
        "trend": 24.058114,
        "fair_value": 25.76661,
        "relative_strength": 9.107261,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.848692,
        "energy": 78.531273,
        "activity_lines": [
          26.860706,
          26.078418,
          24.869562,
          24.48222
        ]
      },
      {
        "date": "2025-06-20",
        "close": 27.285856,
        "volume": 939462,
        "typical_volume": 967433.75,
        "trend": 24.177559,
        "fair_value": 25.779572,
        "relative_strength": 8.045301,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.465184,
        "energy": 72.690138,
        "activity_lines": [
          27.011804,
          26.475018,
          25.142853,
          24.690462
        ]
      },
      {
        "date": "2025-06-27",
        "close": 28.109763,
        "volume": 1196600,
        "typical_volume": 985495.1,
        "trend": 24.306042,
        "fair_value": 25.798419,
        "relative_strength": 7.312925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.489362,
        "energy": 72.675832,
        "activity_lines": [
          27.465782,
          26.917998,
          25.481359,
          24.944152
        ]
      },
      {
        "date": "2025-07-04",
        "close": 30.387623,
        "volume": 1070117,
        "typical_volume": 1012181.8,
        "trend": 24.524819,
        "fair_value": 25.831374,
        "relative_strength": 13.460421,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.465188,
        "energy": 88.075713,
        "activity_lines": [
          28.530191,
          27.676621,
          26.018724,
          25.336512
        ]
      },
      {
        "date": "2025-07-11",
        "close": 29.437707,
        "volume": 1054879,
        "typical_volume": 1044374.1,
        "trend": 24.709747,
        "fair_value": 25.859609,
        "relative_strength": 9.760178,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 74.728011,
        "energy": 83.193626,
        "activity_lines": [
          29.01051,
          28.126614,
          26.43674,
          25.653473
        ]
      },
      {
        "date": "2025-07-18",
        "close": 27.877131,
        "volume": 837239,
        "typical_volume": 1028658.65,
        "trend": 24.883842,
        "fair_value": 25.877073,
        "relative_strength": 3.179417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.956804,
        "energy": 70.592498,
        "activity_lines": [
          28.786982,
          28.185559,
          26.682449,
          25.85782
        ]
      },
      {
        "date": "2025-07-25",
        "close": 28.352089,
        "volume": 817893,
        "typical_volume": 1025927.85,
        "trend": 25.092094,
        "fair_value": 25.884388,
        "relative_strength": 3.401245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.415589,
        "energy": 55.827445,
        "activity_lines": [
          28.697807,
          28.299377,
          26.962694,
          26.081578
        ]
      },
      {
        "date": "2025-08-01",
        "close": 27.053224,
        "volume": 902433,
        "typical_volume": 1022257.5,
        "trend": 25.227667,
        "fair_value": 25.875548,
        "relative_strength": 1.353775,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.841126,
        "energy": 35.89932,
        "activity_lines": [
          28.104594,
          28.165355,
          27.10041,
          26.208103
        ]
      },
      {
        "date": "2025-08-08",
        "close": 29.932051,
        "volume": 1121343,
        "typical_volume": 1046153.75,
        "trend": 25.487953,
        "fair_value": 25.882424,
        "relative_strength": 9.462284,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.547192,
        "energy": 44.918362,
        "activity_lines": [
          28.541426,
          28.533368,
          27.49361,
          26.511611
        ]
      },
      {
        "date": "2025-08-15",
        "close": 30.920739,
        "volume": 1103469,
        "typical_volume": 1069983.05,
        "trend": 25.737278,
        "fair_value": 25.901277,
        "relative_strength": 11.881412,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.429328,
        "energy": 56.245233,
        "activity_lines": [
          29.338192,
          29.016485,
          27.94672,
          26.862114
        ]
      },
      {
        "date": "2025-08-22",
        "close": 32.810879,
        "volume": 891315,
        "typical_volume": 1048168.0,
        "trend": 26.01643,
        "fair_value": 25.946481,
        "relative_strength": 18.230951,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.870523,
        "energy": 83.492129,
        "activity_lines": [
          30.666136,
          29.766212,
          28.538692,
          27.318475
        ]
      },
      {
        "date": "2025-08-29",
        "close": 32.636404,
        "volume": 554152,
        "typical_volume": 993334.6,
        "trend": 26.287556,
        "fair_value": 25.998615,
        "relative_strength": 17.426626,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.382369,
        "energy": 91.37653,
        "activity_lines": [
          31.607005,
          30.387976,
          29.060194,
          27.74557
        ]
      },
      {
        "date": "2025-09-05",
        "close": 32.423158,
        "volume": 623676,
        "typical_volume": 964509.2,
        "trend": 26.557892,
        "fair_value": 26.034216,
        "relative_strength": 16.065312,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.005379,
        "energy": 88.247031,
        "activity_lines": [
          32.191171,
          30.873684,
          29.508822,
          28.141415
        ]
      },
      {
        "date": "2025-09-12",
        "close": 31.638023,
        "volume": 547822,
        "typical_volume": 945862.6,
        "trend": 26.801742,
        "fair_value": 26.074475,
        "relative_strength": 11.398146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.169309,
        "energy": 84.858442,
        "activity_lines": [
          32.15563,
          31.138216,
          29.836334,
          28.469166
        ]
      },
      {
        "date": "2025-09-19",
        "close": 31.622338,
        "volume": 717473,
        "typical_volume": 940124.85,
        "trend": 27.040329,
        "fair_value": 26.11972,
        "relative_strength": 9.933481,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.22621,
        "energy": 60.068048,
        "activity_lines": [
          32.00113,
          31.377161,
          30.1208,
          28.780172
        ]
      },
      {
        "date": "2025-09-26",
        "close": 30.810506,
        "volume": 530559,
        "typical_volume": 869379.25,
        "trend": 27.212992,
        "fair_value": 26.162304,
        "relative_strength": 7.378481,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.202315,
        "energy": 48.100931,
        "activity_lines": [
          31.529245,
          31.428779,
          30.289441,
          29.023409
        ]
      },
      {
        "date": "2025-10-03",
        "close": 30.67357,
        "volume": 504339,
        "typical_volume": 808441.15,
        "trend": 27.422165,
        "fair_value": 26.203457,
        "relative_strength": 5.66587,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.662826,
        "energy": 34.798637,
        "activity_lines": [
          31.145073,
          31.402166,
          30.422828,
          29.246672
        ]
      },
      {
        "date": "2025-10-10",
        "close": 29.098811,
        "volume": 455545,
        "typical_volume": 793107.65,
        "trend": 27.621185,
        "fair_value": 26.225117,
        "relative_strength": 2.67065,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.386665,
        "energy": 22.174287,
        "activity_lines": [
          30.366837,
          31.047025,
          30.392122,
          29.354843
        ]
      },
      {
        "date": "2025-10-17",
        "close": 29.636772,
        "volume": 517813,
        "typical_volume": 791467.15,
        "trend": 27.851095,
        "fair_value": 26.238006,
        "relative_strength": 2.750311,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.735569,
        "energy": 24.472894,
        "activity_lines": [
          29.989544,
          30.752502,
          30.397309,
          29.484881
        ]
      },
      {
        "date": "2025-10-24",
        "close": 31.446278,
        "volume": 430619,
        "typical_volume": 784831.4,
        "trend": 28.156674,
        "fair_value": 26.250498,
        "relative_strength": 6.744973,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.401488,
        "energy": 23.773807,
        "activity_lines": [
          30.348837,
          30.792349,
          30.559301,
          29.716828
        ]
      },
      {
        "date": "2025-10-31",
        "close": 29.568305,
        "volume": 616252,
        "typical_volume": 771650.0,
        "trend": 28.425559,
        "fair_value": 26.232152,
        "relative_strength": -0.567435,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.584925,
        "energy": 13.951403,
        "activity_lines": [
          30.093876,
          30.481191,
          30.519756,
          29.807901
        ]
      },
      {
        "date": "2025-11-07",
        "close": 30.086704,
        "volume": 1010397,
        "typical_volume": 775196.75,
        "trend": 28.708526,
        "fair_value": 26.2095,
        "relative_strength": 2.641535,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.88626,
        "energy": 10.253237,
        "activity_lines": [
          30.094529,
          30.323243,
          30.519818,
          29.915072
        ]
      },
      {
        "date": "2025-11-14",
        "close": 30.213858,
        "volume": 656589,
        "typical_volume": 748196.2,
        "trend": 28.959272,
        "fair_value": 26.190759,
        "relative_strength": 2.710864,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.715015,
        "energy": 10.245545,
        "activity_lines": [
          30.17669,
          30.234772,
          30.518651,
          30.01219
        ]
      },
      {
        "date": "2025-11-21",
        "close": 30.389918,
        "volume": 846845,
        "typical_volume": 737032.6,
        "trend": 29.208531,
        "fair_value": 26.170714,
        "relative_strength": 5.062555,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.253975,
        "energy": 12.836318,
        "activity_lines": [
          30.243201,
          30.218482,
          30.524233,
          30.10449
        ]
      },
      {
        "date": "2025-11-28",
        "close": 31.602776,
        "volume": 527169,
        "typical_volume": 710647.1,
        "trend": 29.477429,
        "fair_value": 26.157062,
        "relative_strength": 5.107684,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.050134,
        "energy": 23.096007,
        "activity_lines": [
          30.663789,
          30.445404,
          30.645314,
          30.258957
        ]
      },
      {
        "date": "2025-12-05",
        "close": 31.11372,
        "volume": 517440,
        "typical_volume": 694657.15,
        "trend": 29.643034,
        "fair_value": 26.153599,
        "relative_strength": 2.877525,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.638277,
        "energy": 24.171904,
        "activity_lines": [
          30.910925,
          30.583762,
          30.709509,
          30.364524
        ]
      },
      {
        "date": "2025-12-12",
        "close": 33.157973,
        "volume": 915420,
        "typical_volume": 699533.5,
        "trend": 29.824649,
        "fair_value": 26.173635,
        "relative_strength": 9.856062,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 70.629468,
        "energy": 57.17193,
        "activity_lines": [
          31.736451,
          31.088289,
          30.952982,
          30.591295
        ]
      },
      {
        "date": "2025-12-19",
        "close": 33.24327,
        "volume": 809599,
        "typical_volume": 694891.8,
        "trend": 30.070194,
        "fair_value": 26.187973,
        "relative_strength": 9.527938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.664185,
        "energy": 68.750119,
        "activity_lines": [
          32.385658,
          31.563155,
          31.181693,
          30.811851
        ]
      },
      {
        "date": "2025-12-26",
        "close": 32.93738,
        "volume": 363534,
        "typical_volume": 657001.35,
        "trend": 30.288911,
        "fair_value": 26.197507,
        "relative_strength": 6.526778,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.78693,
        "energy": 69.517361,
        "activity_lines": [
          32.730941,
          31.90705,
          31.351796,
          30.996831
        ]
      },
      {
        "date": "2026-01-02",
        "close": 32.552552,
        "volume": 465097,
        "typical_volume": 625082.75,
        "trend": 30.484567,
        "fair_value": 26.194984,
        "relative_strength": 6.001851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.624811,
        "energy": 66.783669,
        "activity_lines": [
          32.778117,
          32.120965,
          31.470937,
          31.142872
        ]
      },
      {
        "date": "2026-01-09",
        "close": 35.4437,
        "volume": 889123,
        "typical_volume": 624973.15,
        "trend": 30.748769,
        "fair_value": 26.20581,
        "relative_strength": 12.999138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.879234,
        "energy": 77.923659,
        "activity_lines": [
          33.725691,
          32.840429,
          31.857655,
          31.462816
        ]
      },
      {
        "date": "2026-01-16",
        "close": 36.045611,
        "volume": 741231,
        "typical_volume": 634327.1,
        "trend": 31.040761,
        "fair_value": 26.21988,
        "relative_strength": 14.711828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 83.1654,
        "energy": 81.785828,
        "activity_lines": [
          34.585236,
          33.562507,
          32.289161,
          31.804548
        ]
      },
      {
        "date": "2026-01-23",
        "close": 36.608053,
        "volume": 833716,
        "typical_volume": 644829.1,
        "trend": 31.324037,
        "fair_value": 26.23226,
        "relative_strength": 16.299563,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.921526,
        "energy": 84.958386,
        "activity_lines": [
          35.439753,
          34.278503,
          32.757998,
          32.163728
        ]
      },
      {
        "date": "2026-01-30",
        "close": 37.180362,
        "volume": 1101527,
        "typical_volume": 672514.35,
        "trend": 31.550462,
        "fair_value": 26.240781,
        "relative_strength": 17.032034,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.71813,
        "energy": 90.186471,
        "activity_lines": [
          36.26072,
          34.982297,
          33.261413,
          32.541555
        ]
      },
      {
        "date": "2026-02-06",
        "close": 39.834693,
        "volume": 1325112,
        "typical_volume": 702896.3,
        "trend": 31.897028,
        "fair_value": 26.276353,
        "relative_strength": 24.757567,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 91.276572,
        "energy": 95.882073,
        "activity_lines": [
          37.6836,
          36.045234,
          33.991229,
          33.076022
        ]
      },
      {
        "date": "2026-02-13",
        "close": 41.689764,
        "volume": 929758,
        "typical_volume": 722856.25,
        "trend": 32.357449,
        "fair_value": 26.32114,
        "relative_strength": 31.132143,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.659812,
        "energy": 97.062772,
        "activity_lines": [
          39.23936,
          37.295785,
          34.858613,
          33.707811
        ]
      },
      {
        "date": "2026-02-20",
        "close": 42.222603,
        "volume": 749536,
        "typical_volume": 735116.1,
        "trend": 32.8198,
        "fair_value": 26.379769,
        "relative_strength": 30.255128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.22228,
        "energy": 95.86922,
        "activity_lines": [
          40.556328,
          38.450924,
          35.724936,
          34.344273
        ]
      },
      {
        "date": "2026-02-27",
        "close": 45.311099,
        "volume": 2079118,
        "typical_volume": 816294.75,
        "trend": 33.428396,
        "fair_value": 26.460872,
        "relative_strength": 39.207954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.161764,
        "energy": 97.617436,
        "activity_lines": [
          42.490996,
          40.002797,
          36.830407,
          35.150163
        ]
      },
      {
        "date": "2026-03-06",
        "close": 42.696239,
        "volume": 1396009,
        "typical_volume": 860204.55,
        "trend": 33.853869,
        "fair_value": 26.55019,
        "relative_strength": 32.719327,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.305398,
        "energy": 83.503182,
        "activity_lines": [
          42.973841,
          40.859826,
          37.609642,
          35.748088
        ]
      },
      {
        "date": "2026-03-13",
        "close": 40.318195,
        "volume": 1170141,
        "typical_volume": 897180.65,
        "trend": 34.167117,
        "fair_value": 26.636341,
        "relative_strength": 26.257146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.265256,
        "energy": 66.338491,
        "activity_lines": [
          42.29628,
          41.107049,
          38.100209,
          36.165142
        ]
      },
      {
        "date": "2026-03-20",
        "close": 40.238827,
        "volume": 1196065,
        "typical_volume": 926171.3,
        "trend": 34.414715,
        "fair_value": 26.717257,
        "relative_strength": 27.242717,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.168235,
        "energy": 60.445602,
        "activity_lines": [
          41.560029,
          41.198648,
          38.54097,
          36.556865
        ]
      },
      {
        "date": "2026-03-27",
        "close": 41.163058,
        "volume": 1156913,
        "typical_volume": 933497.1,
        "trend": 34.698937,
        "fair_value": 26.801678,
        "relative_strength": 31.870656,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.161395,
        "energy": 43.339136,
        "activity_lines": [
          41.228584,
          41.371105,
          39.018941,
          36.992242
        ]
      },
      {
        "date": "2026-04-03",
        "close": 41.650018,
        "volume": 712692,
        "typical_volume": 936302.25,
        "trend": 35.006499,
        "fair_value": 26.899855,
        "relative_strength": 27.984422,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.352004,
        "energy": 36.699939,
        "activity_lines": [
          41.130095,
          41.539056,
          39.490544,
          37.440699
        ]
      },
      {
        "date": "2026-04-10",
        "close": 46.062475,
        "volume": 773157,
        "typical_volume": 932617.85,
        "trend": 35.487314,
        "fair_value": 27.027949,
        "relative_strength": 35.212208,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 80.547884,
        "energy": 56.869197,
        "activity_lines": [
          42.746498,
          42.417599,
          40.327924,
          38.153987
        ]
      },
      {
        "date": "2026-04-17",
        "close": 45.903468,
        "volume": 1008447,
        "typical_volume": 956681.75,
        "trend": 35.963352,
        "fair_value": 27.155137,
        "relative_strength": 27.892018,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.154403,
        "energy": 61.599384,
        "activity_lines": [
          44.085482,
          43.105739,
          41.075528,
          38.825997
        ]
      },
      {
        "date": "2026-04-24",
        "close": 46.161855,
        "volume": 797504,
        "typical_volume": 970684.95,
        "trend": 36.475064,
        "fair_value": 27.286119,
        "relative_strength": 26.83811,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.409988,
        "energy": 76.800301,
        "activity_lines": [
          45.138244,
          43.730518,
          41.779643,
          39.483965
        ]
      },
      {
        "date": "2026-05-01",
        "close": 45.833902,
        "volume": 1972021,
        "typical_volume": 1023515.0,
        "trend": 36.980408,
        "fair_value": 27.423889,
        "relative_strength": 23.756084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.080275,
        "energy": 73.173846,
        "activity_lines": [
          45.68682,
          44.214357,
          42.380866,
          40.087761
        ]
      },
      {
        "date": "2026-05-08",
        "close": 45.009051,
        "volume": 1989406,
        "typical_volume": 1082505.35,
        "trend": 37.510749,
        "fair_value": 27.554177,
        "relative_strength": 18.107224,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.171673,
        "energy": 53.009863,
        "activity_lines": [
          45.649056,
          44.482564,
          42.84317,
          40.605738
        ]
      },
      {
        "date": "2026-05-15",
        "close": 43.965564,
        "volume": 1290533,
        "typical_volume": 1128855.3,
        "trend": 37.988376,
        "fair_value": 27.672375,
        "relative_strength": 14.601935,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.584154,
        "energy": 44.252048,
        "activity_lines": [
          45.039527,
          44.566538,
          43.150067,
          41.022178
        ]
      },
      {
        "date": "2026-05-22",
        "close": 43.925812,
        "volume": 908669,
        "typical_volume": 1151033.9,
        "trend": 38.40436,
        "fair_value": 27.789811,
        "relative_strength": 12.930966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.187788,
        "energy": 31.563511,
        "activity_lines": [
          44.556542,
          44.620205,
          43.400663,
          41.405238
        ]
      },
      {
        "date": "2026-05-29",
        "close": 44.273641,
        "volume": 666801,
        "typical_volume": 1139917.8,
        "trend": 38.894538,
        "fair_value": 27.904919,
        "relative_strength": 11.64832,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.537442,
        "energy": 26.790698,
        "activity_lines": [
          44.321343,
          44.671521,
          43.630227,
          41.783902
        ]
      },
      {
        "date": "2026-06-05",
        "close": 44.184199,
        "volume": 781692,
        "typical_volume": 1141940.85,
        "trend": 39.364455,
        "fair_value": 28.01619,
        "relative_strength": 13.662889,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.098407,
        "energy": 22.789739,
        "activity_lines": [
          44.182212,
          44.633215,
          43.809226,
          42.12517
        ]
      },
      {
        "date": "2026-06-12",
        "close": 46.897264,
        "volume": 834699,
        "typical_volume": 1141990.0,
        "trend": 39.920568,
        "fair_value": 28.143761,
        "relative_strength": 19.236737,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 62.476954,
        "energy": 36.180379,
        "activity_lines": [
          45.057415,
          45.033263,
          44.207856,
          42.611158
        ]
      },
      {
        "date": "2026-06-19",
        "close": 49.4,
        "volume": 606992,
        "typical_volume": 1117263.25,
        "trend": 40.554237,
        "fair_value": 28.295896,
        "relative_strength": 23.561422,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 73.147693,
        "energy": 54.708157,
        "activity_lines": [
          46.640983,
          45.79295,
          44.795846,
          43.222734
        ]
      },
      {
        "date": "2026-06-26",
        "close": 53.89,
        "volume": 2323104,
        "typical_volume": 1167162.85,
        "trend": 41.297145,
        "fair_value": 28.471587,
        "relative_strength": 36.713529,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.121755,
        "energy": 80.695819,
        "activity_lines": [
          49.358922,
          47.308318,
          45.753267,
          44.083106
        ]
      },
      {
        "date": "2026-07-03",
        "close": 50.27,
        "volume": 877496,
        "typical_volume": 1164549.75,
        "trend": 41.935688,
        "fair_value": 28.62947,
        "relative_strength": 24.016168,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.750911,
        "energy": 74.761959,
        "activity_lines": [
          50.205915,
          48.020294,
          46.298995,
          44.662
        ]
      },
      {
        "date": "2026-07-10",
        "close": 43.01,
        "volume": 1332974,
        "typical_volume": 1193721.65,
        "trend": 42.264088,
        "fair_value": 28.737406,
        "relative_strength": 4.335574,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 46.484905,
        "energy": 45.903384,
        "activity_lines": [
          48.233151,
          47.337577,
          46.112437,
          44.73131
        ]
      },
      {
        "date": "2026-07-17",
        "close": 44.62,
        "volume": 1066551,
        "typical_volume": 1143093.3,
        "trend": 42.643313,
        "fair_value": 28.849697,
        "relative_strength": 9.35685,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 38.247687,
        "energy": 26.361204,
        "activity_lines": [
          46.875333,
          46.998931,
          46.075462,
          44.883304
        ]
      },
      {
        "date": "2026-07-24",
        "close": 46.18,
        "volume": 1867415,
        "typical_volume": 1166663.6,
        "trend": 43.084733,
        "fair_value": 28.972045,
        "relative_strength": 13.154188,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.428565,
        "energy": 18.232379,
        "activity_lines": [
          46.189333,
          46.950995,
          46.19035,
          45.111478
        ]
      },
      {
        "date": "2026-07-31",
        "close": 44.13,
        "volume": 1274829,
        "typical_volume": 1171898.0,
        "trend": 43.470648,
        "fair_value": 29.073468,
        "relative_strength": 6.399988,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 15.813114,
        "energy": 19.44037,
        "activity_lines": [
          45.034667,
          46.49007,
          46.09341,
          45.178914
        ]
      },
      {
        "date": "2026-08-07",
        "close": 44.36,
        "volume": 2734465,
        "typical_volume": 1248818.0,
        "trend": 43.767858,
        "fair_value": 29.177787,
        "relative_strength": 2.974367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 16.459213,
        "energy": 16.908677,
        "activity_lines": [
          44.607333,
          46.06725,
          46.000224,
          45.236292
        ]
      }
    ],
    "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."
    }
  }
}