{
  "ticker": {
    "uuid": "59e33176-2a09-4ce6-994b-60023512f597",
    "symbol": "STQX",
    "name": "State Street SPDR MSCI Europe Industrials UCITS ETF",
    "exchange": "MIL",
    "country": "IT",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "FTSEMIB.MI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 67.539,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 73.062,
    "architecture_energy": 44.668,
    "architecture_maturity": 72.695,
    "architecture_confidence": 67.21,
    "architecture_tenure": "Extended",
    "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": 30.0,
        "rotation_up": 51.6,
        "upward_expansion": 76.57,
        "deceleration": 58.27,
        "rotation_down": 21.56,
        "downward_expansion": 5.57
      },
      "activity_lines": [
        449.683335,
        447.342728,
        442.008809,
        437.078171
      ],
      "activity_state": "Moderate",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.5
    },
    "latest_close": 462.549988,
    "trend_reference": 432.843332,
    "distance_from_trend": 0.068631,
    "trend_direction": "Improving",
    "fair_value": 347.692628,
    "distance_from_fair_value": 0.330342,
    "fair_value_direction": "Improving",
    "relative_strength": -4.747908,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.076699,
    "excess_performance": -0.094193,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.068631,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.037351,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.330342,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.02115,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.047479,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.002004,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.076699,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.620021,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 2049,
      "relative_activity": 0.461934,
      "balance": 0.620021,
      "dry_up": 0.428286,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.03114,
      "annualized_volatility": 0.22204,
      "from_high_reference": -0.010906,
      "from_low_reference": 0.231168
    },
    "levels": {
      "trend_reference": 432.843332,
      "fair_value_reference": 347.692628,
      "structural_low": 380.0,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 42,
        "median_return": 0.011255,
        "positive_rate": 0.642857,
        "directional_follow_through": 0.642857,
        "median_excess_return": -0.009149,
        "regime_survival": 0.785714,
        "best_return": 0.107496,
        "worst_return": -0.132806,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": 0.003233,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": -0.038335,
        "regime_survival": 0.642857,
        "best_return": 0.177364,
        "worst_return": -0.072266,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 9,
        "median_return": 0.067048,
        "positive_rate": 0.888889,
        "directional_follow_through": 0.888889,
        "median_excess_return": 0.001522,
        "regime_survival": 0.666667,
        "best_return": 0.181832,
        "worst_return": -0.202874,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.167907,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.040367,
        "regime_survival": 0.25,
        "best_return": 0.243634,
        "worst_return": -0.149428,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-08-18",
        "end": "2023-08-25",
        "tenure": "New",
        "return": 0.008162,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-09-01",
        "end": "2023-10-06",
        "tenure": "Developing",
        "return": -0.029236,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2023-10-13",
        "end": "2023-12-01",
        "tenure": "Developing",
        "return": 0.075875,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2023-12-08",
        "end": "2023-12-22",
        "tenure": "New",
        "return": 0.029412,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-29",
        "end": "2024-04-26",
        "tenure": "Established",
        "return": 0.090567,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-05-10",
        "tenure": "New",
        "return": 0.044791,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-05-17",
        "end": "2024-06-28",
        "tenure": "Developing",
        "return": -0.02632,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-07-05",
        "end": "2024-09-27",
        "tenure": "Established",
        "return": 0.046665,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-10-04",
        "end": "2025-03-28",
        "tenure": "Established",
        "return": 0.09933,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-11",
        "tenure": "New",
        "return": -0.008838,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-04-18",
        "end": "2025-05-16",
        "tenure": "Developing",
        "return": 0.130943,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-23",
        "end": "2025-11-21",
        "tenure": "Extended",
        "return": 0.022414,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-11-28",
        "end": "2025-12-26",
        "tenure": "Developing",
        "return": 0.025349,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-01-02",
        "end": "2026-08-07",
        "tenure": "Extended",
        "return": 0.136486,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 245.050003,
        "volume": 567,
        "typical_volume": 1626.7,
        "trend": 250.28,
        "fair_value": 229.378269,
        "relative_strength": -4.172331,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -3.826758,
        "energy": 6.945804,
        "activity_lines": [
          252.476667,
          254.045456,
          254.634526,
          252.917205
        ]
      },
      {
        "date": "2023-08-25",
        "close": 247.050003,
        "volume": 762,
        "typical_volume": 1559.0,
        "trend": 250.536667,
        "fair_value": 229.784487,
        "relative_strength": -4.712932,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.713384,
        "energy": 26.320349,
        "activity_lines": [
          249.873335,
          252.596365,
          254.001907,
          252.708819
        ]
      },
      {
        "date": "2023-09-01",
        "close": 251.399994,
        "volume": 966,
        "typical_volume": 1537.05,
        "trend": 250.753334,
        "fair_value": 230.241539,
        "relative_strength": -4.375039,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.793287,
        "energy": 25.780926,
        "activity_lines": [
          249.489999,
          252.2,
          253.758097,
          252.764517
        ]
      },
      {
        "date": "2023-09-08",
        "close": 250.5,
        "volume": 5593,
        "typical_volume": 1701.05,
        "trend": 251.073334,
        "fair_value": 230.669872,
        "relative_strength": -3.197023,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -16.799239,
        "energy": 29.186317,
        "activity_lines": [
          249.473333,
          251.651818,
          253.412144,
          252.748173
        ]
      },
      {
        "date": "2023-09-15",
        "close": 252.300003,
        "volume": 2731,
        "typical_volume": 1764.35,
        "trend": 251.25,
        "fair_value": 231.09718,
        "relative_strength": -4.523762,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -12.109349,
        "energy": 18.491929,
        "activity_lines": [
          250.456667,
          251.566364,
          253.237382,
          252.827313
        ]
      },
      {
        "date": "2023-09-22",
        "close": 245.0,
        "volume": 2148,
        "typical_volume": 1782.55,
        "trend": 251.260001,
        "fair_value": 231.535,
        "relative_strength": -6.146168,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -36.483587,
        "energy": 23.148546,
        "activity_lines": [
          249.036667,
          250.071818,
          252.369287,
          252.424087
        ]
      },
      {
        "date": "2023-09-29",
        "close": 247.550003,
        "volume": 3180,
        "typical_volume": 1757.3,
        "trend": 251.176667,
        "fair_value": 231.953013,
        "relative_strength": -3.923182,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -27.347806,
        "energy": 21.685295,
        "activity_lines": [
          248.470001,
          249.252728,
          251.773811,
          252.184732
        ]
      },
      {
        "date": "2023-10-06",
        "close": 244.050003,
        "volume": 875,
        "typical_volume": 1647.1,
        "trend": 251.136667,
        "fair_value": 232.317436,
        "relative_strength": -3.689843,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -37.311048,
        "energy": 39.600421,
        "activity_lines": [
          246.703336,
          247.998183,
          250.869763,
          251.724948
        ]
      },
      {
        "date": "2023-10-13",
        "close": 245.800003,
        "volume": 1709,
        "typical_volume": 1697.75,
        "trend": 251.450001,
        "fair_value": 232.69141,
        "relative_strength": -4.310791,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.602179,
        "energy": 57.403278,
        "activity_lines": [
          246.010003,
          247.377274,
          250.203811,
          251.380647
        ]
      },
      {
        "date": "2023-10-20",
        "close": 232.949997,
        "volume": 760,
        "typical_volume": 1710.95,
        "trend": 251.320001,
        "fair_value": 232.994551,
        "relative_strength": -6.223369,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.098208,
        "energy": 76.887276,
        "activity_lines": [
          241.346667,
          244.614546,
          248.351906,
          250.187098
        ]
      },
      {
        "date": "2023-10-27",
        "close": 231.649994,
        "volume": 845,
        "typical_volume": 1707.0,
        "trend": 250.736667,
        "fair_value": 233.355385,
        "relative_strength": -6.309814,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -84.784792,
        "energy": 84.859081,
        "activity_lines": [
          237.539998,
          241.975454,
          246.493572,
          248.918065
        ]
      },
      {
        "date": "2023-11-03",
        "close": 241.449997,
        "volume": 634,
        "typical_volume": 1706.15,
        "trend": 250.728334,
        "fair_value": 233.690321,
        "relative_strength": -6.912224,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -64.301366,
        "energy": 73.319727,
        "activity_lines": [
          237.889997,
          241.361817,
          245.686666,
          248.318925
        ]
      },
      {
        "date": "2023-11-10",
        "close": 244.149994,
        "volume": 2901,
        "typical_volume": 1629.4,
        "trend": 250.601667,
        "fair_value": 233.976539,
        "relative_strength": -5.167896,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.11123,
        "energy": 61.026909,
        "activity_lines": [
          239.546662,
          241.340907,
          245.232142,
          247.894516
        ]
      },
      {
        "date": "2023-11-17",
        "close": 255.149994,
        "volume": 1286,
        "typical_volume": 1614.7,
        "trend": 250.758334,
        "fair_value": 234.315321,
        "relative_strength": -4.130064,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -17.793142,
        "energy": 14.239057,
        "activity_lines": [
          244.863328,
          243.451815,
          245.862856,
          248.187957
        ]
      },
      {
        "date": "2023-11-24",
        "close": 257.75,
        "volume": 7430,
        "typical_volume": 1914.9,
        "trend": 250.926667,
        "fair_value": 234.670128,
        "relative_strength": -2.818447,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 2.030188,
        "energy": 21.594489,
        "activity_lines": [
          250.42333,
          245.950906,
          246.754522,
          248.639032
        ]
      },
      {
        "date": "2023-12-01",
        "close": 264.450012,
        "volume": 2027,
        "typical_volume": 1913.25,
        "trend": 251.366668,
        "fair_value": 235.073013,
        "relative_strength": -1.835554,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 43.175791,
        "energy": 46.791334,
        "activity_lines": [
          256.563335,
          249.569091,
          248.236905,
          249.511506
        ]
      },
      {
        "date": "2023-12-08",
        "close": 270.299988,
        "volume": 7358,
        "typical_volume": 2206.1,
        "trend": 251.951667,
        "fair_value": 235.52109,
        "relative_strength": -1.121138,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 49.840493,
        "energy": 71.520555,
        "activity_lines": [
          262.466665,
          253.89727,
          250.239284,
          250.73301
        ]
      },
      {
        "date": "2023-12-15",
        "close": 277.299988,
        "volume": 801,
        "typical_volume": 2150.45,
        "trend": 252.560001,
        "fair_value": 235.995449,
        "relative_strength": 1.57541,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 62.819429,
        "energy": 85.894385,
        "activity_lines": [
          268.779995,
          259.084541,
          252.852617,
          252.368386
        ]
      },
      {
        "date": "2023-12-22",
        "close": 278.25,
        "volume": 2674,
        "typical_volume": 2269.45,
        "trend": 253.376667,
        "fair_value": 236.472372,
        "relative_strength": 2.009065,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 85.364239,
        "energy": 94.440918,
        "activity_lines": [
          273.199996,
          263.839996,
          255.480712,
          254.025805
        ]
      },
      {
        "date": "2023-12-29",
        "close": 278.799988,
        "volume": 3006,
        "typical_volume": 2412.65,
        "trend": 254.083333,
        "fair_value": 236.94032,
        "relative_strength": 2.227333,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.6202,
        "energy": 92.13255,
        "activity_lines": [
          276.263326,
          268.105449,
          258.057616,
          255.666019
        ]
      },
      {
        "date": "2024-01-05",
        "close": 273.850006,
        "volume": 409,
        "typical_volume": 2404.75,
        "trend": 254.663333,
        "fair_value": 237.324295,
        "relative_strength": 0.151769,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.181732,
        "energy": 87.785022,
        "activity_lines": [
          276.27333,
          270.63727,
          260.039045,
          256.941289
        ]
      },
      {
        "date": "2024-01-12",
        "close": 279.149994,
        "volume": 2949,
        "typical_volume": 2514.1,
        "trend": 255.253333,
        "fair_value": 237.765,
        "relative_strength": 1.984031,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.947865,
        "energy": 86.081615,
        "activity_lines": [
          277.42333,
          273.365451,
          262.388092,
          258.521073
        ]
      },
      {
        "date": "2024-01-19",
        "close": 274.25,
        "volume": 607,
        "typical_volume": 2496.15,
        "trend": 255.993332,
        "fair_value": 238.163718,
        "relative_strength": 0.845431,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.718764,
        "energy": 64.868487,
        "activity_lines": [
          276.349998,
          274.51727,
          264.117616,
          259.746665
        ]
      },
      {
        "date": "2024-01-26",
        "close": 281.649994,
        "volume": 541,
        "typical_volume": 2243.55,
        "trend": 256.783332,
        "fair_value": 238.669166,
        "relative_strength": 3.194626,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.916824,
        "energy": 67.572181,
        "activity_lines": [
          277.946663,
          276.467269,
          266.443092,
          261.401933
        ]
      },
      {
        "date": "2024-02-02",
        "close": 283.25,
        "volume": 1020,
        "typical_volume": 2158.0,
        "trend": 257.964998,
        "fair_value": 239.1275,
        "relative_strength": 2.606088,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.464927,
        "energy": 69.104345,
        "activity_lines": [
          279.849998,
          278.226361,
          268.772616,
          263.10946
        ]
      },
      {
        "date": "2024-02-09",
        "close": 285.299988,
        "volume": 369,
        "typical_volume": 2069.05,
        "trend": 258.919998,
        "fair_value": 239.586154,
        "relative_strength": 1.825486,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.959109,
        "energy": 74.582396,
        "activity_lines": [
          282.139994,
          279.894541,
          271.149996,
          264.873008
        ]
      },
      {
        "date": "2024-02-16",
        "close": 290.600006,
        "volume": 1142,
        "typical_volume": 1967.15,
        "trend": 259.986665,
        "fair_value": 240.074936,
        "relative_strength": 1.778408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.520697,
        "energy": 90.904458,
        "activity_lines": [
          285.433331,
          282.14727,
          273.840235,
          266.916879
        ]
      },
      {
        "date": "2024-02-23",
        "close": 296.299988,
        "volume": 706,
        "typical_volume": 1958.7,
        "trend": 261.149998,
        "fair_value": 240.634871,
        "relative_strength": 0.701137,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.124755,
        "energy": 94.303511,
        "activity_lines": [
          289.863328,
          285.067269,
          276.868329,
          269.259674
        ]
      },
      {
        "date": "2024-03-01",
        "close": 298.450012,
        "volume": 964,
        "typical_volume": 1921.45,
        "trend": 262.548332,
        "fair_value": 241.194807,
        "relative_strength": 0.697985,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.815268,
        "energy": 94.821457,
        "activity_lines": [
          293.54,
          288.032726,
          279.852379,
          271.666127
        ]
      },
      {
        "date": "2024-03-08",
        "close": 300.399994,
        "volume": 2069,
        "typical_volume": 1986.9,
        "trend": 264.136665,
        "fair_value": 241.699936,
        "relative_strength": -0.070925,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.767229,
        "energy": 94.222397,
        "activity_lines": [
          296.746665,
          290.985453,
          282.771426,
          274.10817
        ]
      },
      {
        "date": "2024-03-15",
        "close": 303.299988,
        "volume": 2304,
        "typical_volume": 2059.85,
        "trend": 266.078331,
        "fair_value": 242.228141,
        "relative_strength": -0.628245,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.486459,
        "energy": 94.014176,
        "activity_lines": [
          299.776662,
          294.072723,
          285.645473,
          276.634836
        ]
      },
      {
        "date": "2024-03-22",
        "close": 308.549988,
        "volume": 267,
        "typical_volume": 2041.5,
        "trend": 268.128331,
        "fair_value": 242.776859,
        "relative_strength": -0.062394,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.882028,
        "energy": 94.816109,
        "activity_lines": [
          303.356659,
          297.579086,
          288.678329,
          279.374942
        ]
      },
      {
        "date": "2024-03-29",
        "close": 306.549988,
        "volume": 1883,
        "typical_volume": 1990.6,
        "trend": 269.966664,
        "fair_value": 243.274294,
        "relative_strength": -1.793046,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.109669,
        "energy": 82.788733,
        "activity_lines": [
          305.073324,
          300.187266,
          291.201185,
          281.853759
        ]
      },
      {
        "date": "2024-04-05",
        "close": 302.950012,
        "volume": 725,
        "typical_volume": 1962.55,
        "trend": 271.714997,
        "fair_value": 243.730064,
        "relative_strength": -0.843043,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.322839,
        "energy": 68.252499,
        "activity_lines": [
          304.906663,
          301.553633,
          293.084044,
          283.981717
        ]
      },
      {
        "date": "2024-04-12",
        "close": 300.549988,
        "volume": 1606,
        "typical_volume": 1671.35,
        "trend": 273.32333,
        "fair_value": 244.146089,
        "relative_strength": -0.910108,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.461093,
        "energy": 66.578894,
        "activity_lines": [
          303.639994,
          302.096359,
          294.51071,
          285.842039
        ]
      },
      {
        "date": "2024-04-19",
        "close": 298.0,
        "volume": 803,
        "typical_volume": 1610.15,
        "trend": 275.089997,
        "fair_value": 244.560833,
        "relative_strength": -2.157828,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.635484,
        "energy": 57.24857,
        "activity_lines": [
          301.51333,
          301.860905,
          295.49071,
          287.434082
        ]
      },
      {
        "date": "2024-04-26",
        "close": 304.049988,
        "volume": 869,
        "typical_volume": 1285.7,
        "trend": 276.97333,
        "fair_value": 245.033589,
        "relative_strength": -1.030955,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.182237,
        "energy": 54.820623,
        "activity_lines": [
          301.756661,
          302.49454,
          296.887138,
          289.302469
        ]
      },
      {
        "date": "2024-05-03",
        "close": 304.75,
        "volume": 739,
        "typical_volume": 1282.6,
        "trend": 278.996663,
        "fair_value": 245.467884,
        "relative_strength": 1.055706,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 58.262041,
        "energy": 52.752026,
        "activity_lines": [
          302.533329,
          303.010904,
          298.189519,
          291.094512
        ]
      },
      {
        "date": "2024-05-10",
        "close": 318.399994,
        "volume": 1886,
        "typical_volume": 1243.2,
        "trend": 281.416663,
        "fair_value": 245.998974,
        "relative_strength": 2.462402,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 89.077158,
        "energy": 70.834867,
        "activity_lines": [
          307.979995,
          305.855449,
          300.661186,
          293.636662
        ]
      },
      {
        "date": "2024-05-17",
        "close": 315.350006,
        "volume": 3156,
        "typical_volume": 1250.7,
        "trend": 284.16333,
        "fair_value": 246.519166,
        "relative_strength": -0.538577,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.319015,
        "energy": 70.940186,
        "activity_lines": [
          311.379999,
          307.782724,
          302.651187,
          295.82591
        ]
      },
      {
        "date": "2024-05-24",
        "close": 321.100006,
        "volume": 4371,
        "typical_volume": 1448.8,
        "trend": 287.144997,
        "fair_value": 247.056987,
        "relative_strength": 3.983405,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.365433,
        "energy": 90.069165,
        "activity_lines": [
          315.710002,
          310.483635,
          305.014759,
          298.208922
        ]
      },
      {
        "date": "2024-05-31",
        "close": 318.200012,
        "volume": 4022,
        "typical_volume": 1502.45,
        "trend": 289.703331,
        "fair_value": 247.56532,
        "relative_strength": 3.105844,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.766537,
        "energy": 85.921663,
        "activity_lines": [
          317.533339,
          312.333638,
          306.877142,
          300.212471
        ]
      },
      {
        "date": "2024-06-07",
        "close": 318.25,
        "volume": 1457,
        "typical_volume": 1544.95,
        "trend": 292.173331,
        "fair_value": 248.067564,
        "relative_strength": 2.679457,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.287401,
        "energy": 73.454995,
        "activity_lines": [
          318.430005,
          314.017275,
          308.558332,
          302.054192
        ]
      },
      {
        "date": "2024-06-14",
        "close": 308.299988,
        "volume": 2833,
        "typical_volume": 1659.55,
        "trend": 293.944997,
        "fair_value": 248.519487,
        "relative_strength": 5.531878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.939628,
        "energy": 55.331737,
        "activity_lines": [
          315.11,
          313.67909,
          309.082379,
          303.094621
        ]
      },
      {
        "date": "2024-06-21",
        "close": 311.75,
        "volume": 2353,
        "typical_volume": 1726.2,
        "trend": 295.744997,
        "fair_value": 248.960833,
        "relative_strength": 4.627987,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.176635,
        "energy": 40.049382,
        "activity_lines": [
          313.613332,
          313.870909,
          309.808094,
          304.243331
        ]
      },
      {
        "date": "2024-06-28",
        "close": 307.049988,
        "volume": 3470,
        "typical_volume": 1881.25,
        "trend": 297.164996,
        "fair_value": 249.374615,
        "relative_strength": 3.504732,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 39.406229,
        "energy": 24.811149,
        "activity_lines": [
          310.789994,
          313.004543,
          309.950474,
          304.972685
        ]
      },
      {
        "date": "2024-07-05",
        "close": 311.799988,
        "volume": 111,
        "typical_volume": 1829.7,
        "trend": 298.54833,
        "fair_value": 249.805384,
        "relative_strength": 2.471091,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.176487,
        "energy": 23.350579,
        "activity_lines": [
          310.486658,
          312.837269,
          310.441663,
          305.916878
        ]
      },
      {
        "date": "2024-07-12",
        "close": 318.100006,
        "volume": 1791,
        "typical_volume": 1883.95,
        "trend": 299.90833,
        "fair_value": 250.291281,
        "relative_strength": 2.694892,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.778761,
        "energy": 28.860602,
        "activity_lines": [
          312.709996,
          313.674543,
          311.431902,
          307.178277
        ]
      },
      {
        "date": "2024-07-19",
        "close": 306.75,
        "volume": 515,
        "typical_volume": 1861.5,
        "trend": 300.85833,
        "fair_value": 250.664038,
        "relative_strength": 0.08643,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 29.537531,
        "energy": 15.957771,
        "activity_lines": [
          311.159998,
          312.205452,
          311.237379,
          307.619675
        ]
      },
      {
        "date": "2024-07-26",
        "close": 308.850006,
        "volume": 1476,
        "typical_volume": 1831.85,
        "trend": 301.859998,
        "fair_value": 251.056666,
        "relative_strength": 1.91588,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.727878,
        "energy": 16.460237,
        "activity_lines": [
          310.413334,
          311.329999,
          311.203332,
          308.135267
        ]
      },
      {
        "date": "2024-08-02",
        "close": 297.450012,
        "volume": 1197,
        "typical_volume": 1776.5,
        "trend": 302.646664,
        "fair_value": 251.346089,
        "relative_strength": 3.580058,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -8.901855,
        "energy": 12.961008,
        "activity_lines": [
          306.060006,
          308.500001,
          310.043333,
          307.850752
        ]
      },
      {
        "date": "2024-08-09",
        "close": 299.299988,
        "volume": 577,
        "typical_volume": 1792.0,
        "trend": 303.318331,
        "fair_value": 251.631986,
        "relative_strength": 4.893902,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -26.18851,
        "energy": 29.637787,
        "activity_lines": [
          302.963334,
          306.436363,
          309.08738,
          307.634837
        ]
      },
      {
        "date": "2024-08-16",
        "close": 307.200012,
        "volume": 207,
        "typical_volume": 1708.2,
        "trend": 304.416665,
        "fair_value": 251.992564,
        "relative_strength": 3.455868,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -15.471533,
        "energy": 26.256058,
        "activity_lines": [
          303.333337,
          306.152729,
          308.927857,
          307.885268
        ]
      },
      {
        "date": "2024-08-23",
        "close": 311.5,
        "volume": 649,
        "typical_volume": 1704.4,
        "trend": 305.411665,
        "fair_value": 252.359871,
        "relative_strength": 2.895568,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.600806,
        "energy": 16.727089,
        "activity_lines": [
          305.863336,
          306.85182,
          309.174762,
          308.342257
        ]
      },
      {
        "date": "2024-08-30",
        "close": 316.100006,
        "volume": 1275,
        "typical_volume": 1687.85,
        "trend": 306.506665,
        "fair_value": 252.751217,
        "relative_strength": 2.126823,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.814221,
        "energy": 20.672616,
        "activity_lines": [
          309.610004,
          308.329094,
          309.819049,
          309.031828
        ]
      },
      {
        "date": "2024-09-06",
        "close": 306.100006,
        "volume": 990,
        "typical_volume": 1697.2,
        "trend": 307.199999,
        "fair_value": 253.091282,
        "relative_strength": 2.040041,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.601208,
        "energy": 17.995344,
        "activity_lines": [
          309.540004,
          307.909095,
          309.436906,
          309.005592
        ]
      },
      {
        "date": "2024-09-13",
        "close": 312.700012,
        "volume": 185,
        "typical_volume": 1663.0,
        "trend": 307.936666,
        "fair_value": 253.480384,
        "relative_strength": 3.251362,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.881228,
        "energy": 26.706657,
        "activity_lines": [
          311.093341,
          308.706369,
          309.644765,
          309.360431
        ]
      },
      {
        "date": "2024-09-20",
        "close": 315.899994,
        "volume": 920,
        "typical_volume": 1672.05,
        "trend": 308.589999,
        "fair_value": 253.893205,
        "relative_strength": 3.535799,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 47.718975,
        "energy": 30.376977,
        "activity_lines": [
          312.820003,
          310.069095,
          310.116192,
          309.874194
        ]
      },
      {
        "date": "2024-09-27",
        "close": 326.350006,
        "volume": 218,
        "typical_volume": 1588.65,
        "trend": 309.519999,
        "fair_value": 254.435833,
        "relative_strength": 3.848739,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 75.395997,
        "energy": 62.476812,
        "activity_lines": [
          317.450004,
          313.371822,
          311.529764,
          311.020001
        ]
      },
      {
        "date": "2024-10-04",
        "close": 320.649994,
        "volume": 2416,
        "typical_volume": 1551.65,
        "trend": 310.194999,
        "fair_value": 254.940961,
        "relative_strength": 5.303966,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.987653,
        "energy": 63.015345,
        "activity_lines": [
          319.19,
          315.28182,
          312.362621,
          311.738065
        ]
      },
      {
        "date": "2024-10-11",
        "close": 322.100006,
        "volume": 412,
        "typical_volume": 1353.7,
        "trend": 310.821666,
        "fair_value": 255.415,
        "relative_strength": 3.428714,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.165838,
        "energy": 67.357915,
        "activity_lines": [
          321.110002,
          317.240912,
          313.308335,
          312.50613
        ]
      },
      {
        "date": "2024-10-18",
        "close": 327.899994,
        "volume": 2164,
        "typical_volume": 1260.8,
        "trend": 311.466667,
        "fair_value": 255.920448,
        "relative_strength": 2.43788,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.735387,
        "energy": 77.292898,
        "activity_lines": [
          323.896665,
          319.806365,
          314.801668,
          313.607958
        ]
      },
      {
        "date": "2024-10-25",
        "close": 322.950012,
        "volume": 1720,
        "typical_volume": 1273.95,
        "trend": 312.013334,
        "fair_value": 256.380705,
        "relative_strength": 1.961271,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.305575,
        "energy": 64.208046,
        "activity_lines": [
          324.020003,
          320.951821,
          315.777384,
          314.348819
        ]
      },
      {
        "date": "2024-11-01",
        "close": 320.649994,
        "volume": 1757,
        "typical_volume": 1220.15,
        "trend": 312.603334,
        "fair_value": 256.796089,
        "relative_strength": 1.350128,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.729162,
        "energy": 54.14095,
        "activity_lines": [
          322.906667,
          321.392728,
          316.511669,
          314.906023
        ]
      },
      {
        "date": "2024-11-08",
        "close": 324.200012,
        "volume": 774,
        "typical_volume": 1141.2,
        "trend": 313.391668,
        "fair_value": 257.206666,
        "relative_strength": 4.849416,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.706807,
        "energy": 45.401273,
        "activity_lines": [
          323.356671,
          322.31273,
          317.525241,
          315.654196
        ]
      },
      {
        "date": "2024-11-15",
        "close": 320.700012,
        "volume": 1349,
        "typical_volume": 1035.15,
        "trend": 314.148335,
        "fair_value": 257.594807,
        "relative_strength": 2.422784,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 44.233862,
        "energy": 29.533359,
        "activity_lines": [
          322.403341,
          322.449095,
          318.146194,
          316.125702
        ]
      },
      {
        "date": "2024-11-22",
        "close": 323.0,
        "volume": 378,
        "typical_volume": 1048.5,
        "trend": 314.780002,
        "fair_value": 258.092243,
        "relative_strength": 5.108435,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.235084,
        "energy": 26.93121,
        "activity_lines": [
          322.310006,
          322.738186,
          318.921194,
          316.696777
        ]
      },
      {
        "date": "2024-11-29",
        "close": 326.049988,
        "volume": 806,
        "typical_volume": 999.25,
        "trend": 315.490001,
        "fair_value": 258.606666,
        "relative_strength": 6.149952,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.313774,
        "energy": 35.773965,
        "activity_lines": [
          323.56,
          323.394547,
          319.933335,
          317.423873
        ]
      },
      {
        "date": "2024-12-06",
        "close": 334.5,
        "volume": 1537,
        "typical_volume": 1050.35,
        "trend": 316.026668,
        "fair_value": 259.117243,
        "relative_strength": 4.556381,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.74785,
        "energy": 52.249779,
        "activity_lines": [
          327.419999,
          325.402728,
          321.712383,
          318.650324
        ]
      },
      {
        "date": "2024-12-13",
        "close": 327.799988,
        "volume": 636,
        "typical_volume": 1008.35,
        "trend": 316.441668,
        "fair_value": 259.603461,
        "relative_strength": 1.997237,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.986816,
        "energy": 56.224138,
        "activity_lines": [
          328.123328,
          326.044544,
          322.721191,
          319.409893
        ]
      },
      {
        "date": "2024-12-20",
        "close": 320.600006,
        "volume": 636,
        "typical_volume": 980.3,
        "trend": 316.425001,
        "fair_value": 259.991282,
        "relative_strength": 3.004206,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.029787,
        "energy": 39.74613,
        "activity_lines": [
          326.186664,
          325.247272,
          322.954049,
          319.678173
        ]
      },
      {
        "date": "2024-12-27",
        "close": 322.0,
        "volume": 119,
        "typical_volume": 957.4,
        "trend": 316.551667,
        "fair_value": 260.361474,
        "relative_strength": 2.206516,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.81956,
        "energy": 28.391152,
        "activity_lines": [
          324.723332,
          324.731818,
          323.210001,
          320.037851
        ]
      },
      {
        "date": "2025-01-03",
        "close": 322.200012,
        "volume": 698,
        "typical_volume": 981.95,
        "trend": 316.683334,
        "fair_value": 260.753782,
        "relative_strength": 2.274025,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 33.61871,
        "energy": 18.333367,
        "activity_lines": [
          323.393337,
          324.360001,
          323.376906,
          320.40226
        ]
      },
      {
        "date": "2025-01-10",
        "close": 324.549988,
        "volume": 1311,
        "typical_volume": 1015.05,
        "trend": 317.225001,
        "fair_value": 261.207628,
        "relative_strength": 0.177304,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 31.564453,
        "energy": 19.569776,
        "activity_lines": [
          323.103333,
          324.42909,
          323.696191,
          320.909786
        ]
      },
      {
        "date": "2025-01-17",
        "close": 334.299988,
        "volume": 853,
        "typical_volume": 993.95,
        "trend": 317.976667,
        "fair_value": 261.764359,
        "relative_strength": -0.198344,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.357378,
        "energy": 34.362637,
        "activity_lines": [
          326.726662,
          326.199997,
          324.881904,
          322.011398
        ]
      },
      {
        "date": "2025-01-24",
        "close": 344.100006,
        "volume": 18253,
        "typical_volume": 1857.1,
        "trend": 319.211668,
        "fair_value": 262.442884,
        "relative_strength": 2.867339,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.843725,
        "energy": 71.14857,
        "activity_lines": [
          333.183331,
          329.569089,
          326.914285,
          323.696775
        ]
      },
      {
        "date": "2025-01-31",
        "close": 343.200012,
        "volume": 2378,
        "typical_volume": 1966.75,
        "trend": 320.258335,
        "fair_value": 263.131025,
        "relative_strength": 1.79591,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.593937,
        "energy": 80.407433,
        "activity_lines": [
          337.773336,
          332.349092,
          328.680001,
          325.24441
        ]
      },
      {
        "date": "2025-02-07",
        "close": 341.899994,
        "volume": 871,
        "typical_volume": 1964.3,
        "trend": 321.051668,
        "fair_value": 263.775576,
        "relative_strength": -0.20232,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.782998,
        "energy": 81.112599,
        "activity_lines": [
          340.516667,
          334.525454,
          330.176667,
          326.640646
        ]
      },
      {
        "date": "2025-02-14",
        "close": 355.200012,
        "volume": 1892,
        "typical_volume": 2048.0,
        "trend": 322.666669,
        "fair_value": 264.538077,
        "relative_strength": 1.121802,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.918427,
        "energy": 92.463441,
        "activity_lines": [
          346.380005,
          338.83182,
          332.816192,
          328.843765
        ]
      },
      {
        "date": "2025-02-21",
        "close": 355.700012,
        "volume": 2061,
        "typical_volume": 2030.25,
        "trend": 324.228336,
        "fair_value": 265.332948,
        "relative_strength": 0.055557,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.745043,
        "energy": 91.880766,
        "activity_lines": [
          350.366675,
          342.852732,
          335.365955,
          330.974948
        ]
      },
      {
        "date": "2025-02-28",
        "close": 355.25,
        "volume": 3684,
        "typical_volume": 2193.85,
        "trend": 326.155002,
        "fair_value": 266.218846,
        "relative_strength": -0.702412,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.64548,
        "energy": 88.499506,
        "activity_lines": [
          352.776672,
          346.284549,
          337.705954,
          332.976346
        ]
      },
      {
        "date": "2025-03-07",
        "close": 362.649994,
        "volume": 10563,
        "typical_volume": 2613.8,
        "trend": 328.266669,
        "fair_value": 267.089679,
        "relative_strength": 1.443717,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.885433,
        "energy": 90.480939,
        "activity_lines": [
          356.910002,
          350.43182,
          340.592858,
          335.330862
        ]
      },
      {
        "date": "2025-03-14",
        "close": 362.299988,
        "volume": 6065,
        "typical_volume": 2831.05,
        "trend": 330.103335,
        "fair_value": 267.868205,
        "relative_strength": 1.091691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.029622,
        "energy": 77.777771,
        "activity_lines": [
          359.629997,
          353.776363,
          343.280952,
          337.52656
        ]
      },
      {
        "date": "2025-03-21",
        "close": 362.200012,
        "volume": 9667,
        "typical_volume": 3226.55,
        "trend": 331.793335,
        "fair_value": 268.687436,
        "relative_strength": 0.016292,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.329347,
        "energy": 66.670367,
        "activity_lines": [
          360.956667,
          356.373638,
          345.772144,
          339.597313
        ]
      },
      {
        "date": "2025-03-28",
        "close": 352.5,
        "volume": 2471,
        "typical_volume": 3311.4,
        "trend": 333.006668,
        "fair_value": 269.443525,
        "relative_strength": -1.972412,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.785339,
        "energy": 56.561615,
        "activity_lines": [
          358.583333,
          356.522729,
          347.141668,
          340.933227
        ]
      },
      {
        "date": "2025-04-04",
        "close": 316.799988,
        "volume": 3498,
        "typical_volume": 3418.85,
        "trend": 333.363334,
        "fair_value": 270.00923,
        "relative_strength": -1.549024,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": 9.218068,
        "energy": 12.413557,
        "activity_lines": [
          344.52333,
          349.849999,
          344.976428,
          339.887635
        ]
      },
      {
        "date": "2025-04-11",
        "close": 314.0,
        "volume": 4040,
        "typical_volume": 3601.95,
        "trend": 333.406667,
        "fair_value": 270.557628,
        "relative_strength": -0.70542,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -22.406215,
        "energy": 29.597169,
        "activity_lines": [
          332.093331,
          343.164544,
          342.563095,
          338.638387
        ]
      },
      {
        "date": "2025-04-18",
        "close": 329.149994,
        "volume": 52214,
        "typical_volume": 6172.35,
        "trend": 333.848334,
        "fair_value": 271.189358,
        "relative_strength": -1.635439,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -15.692191,
        "energy": 32.360478,
        "activity_lines": [
          327.956663,
          339.764543,
          341.635476,
          338.363763
        ]
      },
      {
        "date": "2025-04-25",
        "close": 342.25,
        "volume": 2375,
        "typical_volume": 6214.25,
        "trend": 334.378334,
        "fair_value": 271.925897,
        "relative_strength": -1.525243,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -14.358119,
        "energy": 29.792124,
        "activity_lines": [
          330.396663,
          338.978179,
          341.940714,
          338.905806
        ]
      },
      {
        "date": "2025-05-02",
        "close": 357.850006,
        "volume": 2696,
        "typical_volume": 6317.25,
        "trend": 335.618334,
        "fair_value": 272.829743,
        "relative_strength": 0.273803,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.723214,
        "energy": 19.310536,
        "activity_lines": [
          339.366667,
          341.263635,
          343.694762,
          340.420108
        ]
      },
      {
        "date": "2025-05-09",
        "close": 361.049988,
        "volume": 3361,
        "typical_volume": 6453.5,
        "trend": 336.916667,
        "fair_value": 273.745448,
        "relative_strength": -1.503834,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.56805,
        "energy": 31.88096,
        "activity_lines": [
          349.046663,
          344.091815,
          345.610475,
          342.060859
        ]
      },
      {
        "date": "2025-05-16",
        "close": 372.25,
        "volume": 5728,
        "typical_volume": 6733.95,
        "trend": 338.395,
        "fair_value": 274.742243,
        "relative_strength": -1.710896,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 72.659729,
        "energy": 53.881089,
        "activity_lines": [
          359.509998,
          348.850907,
          348.400237,
          344.340429
        ]
      },
      {
        "date": "2025-05-23",
        "close": 370.299988,
        "volume": 6457,
        "typical_volume": 7021.9,
        "trend": 339.973333,
        "fair_value": 275.679743,
        "relative_strength": 0.684653,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.501695,
        "energy": 68.340048,
        "activity_lines": [
          365.439994,
          353.080905,
          350.764998,
          346.398816
        ]
      },
      {
        "date": "2025-05-30",
        "close": 374.350006,
        "volume": 4014,
        "typical_volume": 7157.05,
        "trend": 341.763333,
        "fair_value": 276.647371,
        "relative_strength": 0.208514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.964678,
        "energy": 74.667698,
        "activity_lines": [
          369.976664,
          357.901816,
          353.286427,
          348.616666
        ]
      },
      {
        "date": "2025-06-06",
        "close": 379.299988,
        "volume": 22709,
        "typical_volume": 8249.85,
        "trend": 343.599999,
        "fair_value": 277.712435,
        "relative_strength": 0.212639,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.506549,
        "energy": 76.809984,
        "activity_lines": [
          374.023328,
          363.401814,
          356.04214,
          351.038385
        ]
      },
      {
        "date": "2025-06-13",
        "close": 371.950012,
        "volume": 8138,
        "typical_volume": 7744.1,
        "trend": 345.308332,
        "fair_value": 278.808269,
        "relative_strength": 1.170115,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.96821,
        "energy": 64.899511,
        "activity_lines": [
          374.19,
          367.078181,
          357.88357,
          352.867418
        ]
      },
      {
        "date": "2025-06-20",
        "close": 368.149994,
        "volume": 1680,
        "typical_volume": 7709.2,
        "trend": 346.813332,
        "fair_value": 279.870769,
        "relative_strength": 0.662274,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.83494,
        "energy": 45.874895,
        "activity_lines": [
          372.363332,
          369.060907,
          359.230474,
          354.341074
        ]
      },
      {
        "date": "2025-06-27",
        "close": 380.549988,
        "volume": 4346,
        "typical_volume": 7882.95,
        "trend": 348.629999,
        "fair_value": 281.032756,
        "relative_strength": 2.64834,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.29656,
        "energy": 47.343163,
        "activity_lines": [
          374.943329,
          372.313633,
          361.639521,
          356.517632
        ]
      },
      {
        "date": "2025-07-04",
        "close": 374.200012,
        "volume": 27976,
        "typical_volume": 9187.15,
        "trend": 349.953333,
        "fair_value": 282.09782,
        "relative_strength": 1.184804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.332592,
        "energy": 41.989951,
        "activity_lines": [
          374.723334,
          373.477272,
          363.25976,
          358.167311
        ]
      },
      {
        "date": "2025-07-11",
        "close": 381.700012,
        "volume": 2516,
        "typical_volume": 9209.9,
        "trend": 351.75,
        "fair_value": 283.203589,
        "relative_strength": 1.97016,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.386737,
        "energy": 55.003235,
        "activity_lines": [
          377.013338,
          375.423638,
          365.503809,
          360.215484
        ]
      },
      {
        "date": "2025-07-18",
        "close": 386.950012,
        "volume": 10019,
        "typical_volume": 9526.65,
        "trend": 353.961667,
        "fair_value": 284.283718,
        "relative_strength": 2.638697,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.185385,
        "energy": 72.86149,
        "activity_lines": [
          380.893341,
          377.890913,
          368.124048,
          362.486452
        ]
      },
      {
        "date": "2025-07-25",
        "close": 387.0,
        "volume": 1973,
        "typical_volume": 9097.15,
        "trend": 356.128334,
        "fair_value": 285.312564,
        "relative_strength": 1.531576,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.681871,
        "energy": 74.554542,
        "activity_lines": [
          383.790006,
          379.896367,
          370.598096,
          364.617957
        ]
      },
      {
        "date": "2025-08-01",
        "close": 374.649994,
        "volume": 33372,
        "typical_volume": 10462.5,
        "trend": 357.876666,
        "fair_value": 286.279551,
        "relative_strength": 0.199793,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.052331,
        "energy": 57.897488,
        "activity_lines": [
          381.313336,
          379.388184,
          371.78,
          365.812903
        ]
      },
      {
        "date": "2025-08-08",
        "close": 383.049988,
        "volume": 4167,
        "typical_volume": 10187.5,
        "trend": 359.826666,
        "fair_value": 287.281474,
        "relative_strength": -1.647597,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.066839,
        "energy": 47.400345,
        "activity_lines": [
          382.029997,
          380.328182,
          373.703094,
          367.436988
        ]
      },
      {
        "date": "2025-08-15",
        "close": 387.600006,
        "volume": 2119,
        "typical_volume": 10169.9,
        "trend": 361.603334,
        "fair_value": 288.330833,
        "relative_strength": -2.840505,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.819026,
        "energy": 48.543294,
        "activity_lines": [
          383.673332,
          381.937274,
          375.960238,
          369.228817
        ]
      },
      {
        "date": "2025-08-22",
        "close": 387.350006,
        "volume": 1715,
        "typical_volume": 10080.75,
        "trend": 363.045,
        "fair_value": 289.440128,
        "relative_strength": -4.312201,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.650053,
        "energy": 46.545627,
        "activity_lines": [
          384.84,
          383.350002,
          378.026429,
          370.889893
        ]
      },
      {
        "date": "2025-08-29",
        "close": 380.850006,
        "volume": 5325,
        "typical_volume": 10145.0,
        "trend": 364.3,
        "fair_value": 290.538846,
        "relative_strength": -3.400209,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.312575,
        "energy": 43.649047,
        "activity_lines": [
          383.813336,
          383.300912,
          379.13762,
          372.038603
        ]
      },
      {
        "date": "2025-09-05",
        "close": 380.950012,
        "volume": 3960,
        "typical_volume": 7732.3,
        "trend": 365.601667,
        "fair_value": 291.645256,
        "relative_strength": -2.001483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.850548,
        "energy": 38.911139,
        "activity_lines": [
          383.230007,
          383.039095,
          379.940002,
          373.112797
        ]
      },
      {
        "date": "2025-09-12",
        "close": 392.100006,
        "volume": 2239,
        "typical_volume": 7725.5,
        "trend": 366.831667,
        "fair_value": 292.771538,
        "relative_strength": -1.382225,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.087582,
        "energy": 45.123259,
        "activity_lines": [
          385.943341,
          384.797277,
          381.557622,
          374.822367
        ]
      },
      {
        "date": "2025-09-19",
        "close": 390.100006,
        "volume": 3375,
        "typical_volume": 7759.45,
        "trend": 367.978334,
        "fair_value": 294.042436,
        "relative_strength": -1.268402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.425735,
        "energy": 41.594972,
        "activity_lines": [
          387.386674,
          385.866368,
          382.747384,
          376.32355
        ]
      },
      {
        "date": "2025-09-26",
        "close": 392.649994,
        "volume": 1923,
        "typical_volume": 7687.55,
        "trend": 369.225,
        "fair_value": 295.315448,
        "relative_strength": -1.362655,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.036397,
        "energy": 48.905282,
        "activity_lines": [
          389.513336,
          387.246367,
          384.026431,
          377.91527
        ]
      },
      {
        "date": "2025-10-03",
        "close": 404.399994,
        "volume": 3558,
        "typical_volume": 7579.05,
        "trend": 370.616667,
        "fair_value": 296.6525,
        "relative_strength": 0.192326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.823751,
        "energy": 75.589342,
        "activity_lines": [
          395.203333,
          390.659093,
          386.27405,
          380.184625
        ]
      },
      {
        "date": "2025-10-10",
        "close": 397.649994,
        "volume": 3712,
        "typical_volume": 7441.8,
        "trend": 371.795,
        "fair_value": 297.932692,
        "relative_strength": 1.340728,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.019761,
        "energy": 69.280437,
        "activity_lines": [
          397.07333,
          392.528182,
          387.725716,
          381.92871
        ]
      },
      {
        "date": "2025-10-17",
        "close": 393.299988,
        "volume": 4741,
        "typical_volume": 7478.15,
        "trend": 372.831666,
        "fair_value": 299.156089,
        "relative_strength": 0.90654,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.749267,
        "energy": 61.983731,
        "activity_lines": [
          396.379993,
          393.18818,
          388.632857,
          383.316129
        ]
      },
      {
        "date": "2025-10-24",
        "close": 402.700012,
        "volume": 2242,
        "typical_volume": 6454.8,
        "trend": 374.505,
        "fair_value": 300.367628,
        "relative_strength": 1.505419,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.920813,
        "energy": 64.833469,
        "activity_lines": [
          398.739998,
          395.370909,
          390.345001,
          385.243119
        ]
      },
      {
        "date": "2025-10-31",
        "close": 401.799988,
        "volume": 2167,
        "typical_volume": 6156.25,
        "trend": 377.338333,
        "fair_value": 301.565064,
        "relative_strength": -0.347498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.095297,
        "energy": 54.5346,
        "activity_lines": [
          399.959996,
          397.115452,
          391.86,
          387.004086
        ]
      },
      {
        "date": "2025-11-07",
        "close": 389.799988,
        "volume": 2211,
        "typical_volume": 6182.8,
        "trend": 379.864999,
        "fair_value": 302.613141,
        "relative_strength": -2.643633,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.629632,
        "energy": 38.88237,
        "activity_lines": [
          396.569993,
          396.41545,
          392.089999,
          387.808064
        ]
      },
      {
        "date": "2025-11-14",
        "close": 392.700012,
        "volume": 4951,
        "typical_volume": 6213.05,
        "trend": 381.983333,
        "fair_value": 303.681089,
        "relative_strength": -4.23084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 43.105664,
        "energy": 29.988149,
        "activity_lines": [
          395.119999,
          396.079998,
          392.493095,
          388.636129
        ]
      },
      {
        "date": "2025-11-21",
        "close": 378.600006,
        "volume": 1961,
        "typical_volume": 4912.3,
        "trend": 383.195,
        "fair_value": 304.630448,
        "relative_strength": -4.633254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 8.771672,
        "energy": 12.13984,
        "activity_lines": [
          389.300002,
          392.967272,
          391.495476,
          388.41785
        ]
      },
      {
        "date": "2025-11-28",
        "close": 390.549988,
        "volume": 3549,
        "typical_volume": 4963.95,
        "trend": 384.285,
        "fair_value": 305.657051,
        "relative_strength": -3.049856,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 23.880327,
        "energy": 21.070388,
        "activity_lines": [
          388.443331,
          392.272725,
          391.614999,
          388.892365
        ]
      },
      {
        "date": "2025-12-05",
        "close": 394.450012,
        "volume": 4601,
        "typical_volume": 4693.05,
        "trend": 385.398334,
        "fair_value": 306.718269,
        "relative_strength": -2.14285,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 30.304601,
        "energy": 18.805935,
        "activity_lines": [
          389.696669,
          392.279091,
          392.063809,
          389.548172
        ]
      },
      {
        "date": "2025-12-12",
        "close": 397.25,
        "volume": 3915,
        "typical_volume": 4790.15,
        "trend": 386.231667,
        "fair_value": 307.853525,
        "relative_strength": -1.577363,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 38.191103,
        "energy": 18.151382,
        "activity_lines": [
          392.373336,
          392.761819,
          392.743571,
          390.312796
        ]
      },
      {
        "date": "2025-12-19",
        "close": 401.549988,
        "volume": 6938,
        "typical_volume": 3468.45,
        "trend": 387.273334,
        "fair_value": 309.013782,
        "relative_strength": -3.172131,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 58.475671,
        "energy": 32.844916,
        "activity_lines": [
          395.986664,
          394.156362,
          393.784046,
          391.301075
        ]
      },
      {
        "date": "2025-12-26",
        "close": 400.450012,
        "volume": 1157,
        "typical_volume": 3317.95,
        "trend": 388.143334,
        "fair_value": 310.175641,
        "relative_strength": -3.020189,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 55.981734,
        "energy": 48.014168,
        "activity_lines": [
          398.643335,
          395.280001,
          394.591667,
          392.151183
        ]
      },
      {
        "date": "2026-01-02",
        "close": 407.0,
        "volume": 4775,
        "typical_volume": 3450.75,
        "trend": 389.066668,
        "fair_value": 311.307692,
        "relative_strength": -3.005174,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.405569,
        "energy": 64.826472,
        "activity_lines": [
          402.026668,
          397.464546,
          395.940238,
          393.367742
        ]
      },
      {
        "date": "2026-01-09",
        "close": 427.0,
        "volume": 13146,
        "typical_volume": 4022.3,
        "trend": 390.901667,
        "fair_value": 312.534936,
        "relative_strength": 0.974236,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.573533,
        "energy": 83.145671,
        "activity_lines": [
          410.980001,
          403.207274,
          399.10119,
          395.815054
        ]
      },
      {
        "date": "2026-01-16",
        "close": 432.950012,
        "volume": 10347,
        "typical_volume": 4273.4,
        "trend": 393.061668,
        "fair_value": 313.788782,
        "relative_strength": 2.15016,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 90.423504,
        "energy": 91.371281,
        "activity_lines": [
          419.746671,
          409.573639,
          402.640001,
          398.52785
        ]
      },
      {
        "date": "2026-01-23",
        "close": 425.799988,
        "volume": 4616,
        "typical_volume": 4306.2,
        "trend": 394.570001,
        "fair_value": 314.983974,
        "relative_strength": 2.633975,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.89081,
        "energy": 86.912421,
        "activity_lines": [
          423.75,
          413.855455,
          405.249762,
          400.64
        ]
      },
      {
        "date": "2026-01-30",
        "close": 425.850006,
        "volume": 7180,
        "typical_volume": 4553.25,
        "trend": 396.291668,
        "fair_value": 316.14391,
        "relative_strength": 1.090871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.329665,
        "energy": 85.063075,
        "activity_lines": [
          426.153335,
          417.544547,
          407.650715,
          402.658065
        ]
      },
      {
        "date": "2026-02-06",
        "close": 429.600006,
        "volume": 8052,
        "typical_volume": 4787.1,
        "trend": 397.888334,
        "fair_value": 317.353525,
        "relative_strength": 1.174112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.106236,
        "energy": 83.41809,
        "activity_lines": [
          428.113336,
          421.056366,
          410.248096,
          404.80699
        ]
      },
      {
        "date": "2026-02-13",
        "close": 437.100006,
        "volume": 3749,
        "typical_volume": 4878.4,
        "trend": 399.560001,
        "fair_value": 318.572115,
        "relative_strength": 3.893057,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.967558,
        "energy": 76.749391,
        "activity_lines": [
          431.066671,
          425.221821,
          413.371668,
          407.336775
        ]
      },
      {
        "date": "2026-02-20",
        "close": 445.75,
        "volume": 5815,
        "typical_volume": 4991.25,
        "trend": 401.518334,
        "fair_value": 319.860897,
        "relative_strength": 3.501791,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.243369,
        "energy": 83.919995,
        "activity_lines": [
          436.230003,
          430.184548,
          417.107383,
          410.316775
        ]
      },
      {
        "date": "2026-02-27",
        "close": 448.399994,
        "volume": 4922,
        "typical_volume": 5051.75,
        "trend": 403.976667,
        "fair_value": 321.132372,
        "relative_strength": 2.426324,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.903617,
        "energy": 88.05222,
        "activity_lines": [
          441.423334,
          434.747274,
          420.898572,
          413.341398
        ]
      },
      {
        "date": "2026-03-06",
        "close": 422.75,
        "volume": 11800,
        "typical_volume": 5404.7,
        "trend": 405.300001,
        "fair_value": 322.270192,
        "relative_strength": 3.217384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.00256,
        "energy": 57.9404,
        "activity_lines": [
          436.56,
          433.794546,
          422.005239,
          414.552581
        ]
      },
      {
        "date": "2026-03-13",
        "close": 412.799988,
        "volume": 16948,
        "typical_volume": 6140.0,
        "trend": 406.14,
        "fair_value": 323.400961,
        "relative_strength": 0.424831,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.96243,
        "energy": 35.598324,
        "activity_lines": [
          428.586662,
          430.627271,
          422.024047,
          415.036451
        ]
      },
      {
        "date": "2026-03-20",
        "close": 392.899994,
        "volume": 4677,
        "typical_volume": 6265.5,
        "trend": 406.325,
        "fair_value": 324.401282,
        "relative_strength": -1.101203,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 1.86501,
        "energy": 16.089419,
        "activity_lines": [
          415.099994,
          423.736361,
          420.099523,
          414.182257
        ]
      },
      {
        "date": "2026-03-27",
        "close": 388.850006,
        "volume": 8302,
        "typical_volume": 6570.05,
        "trend": 406.591667,
        "fair_value": 325.296795,
        "relative_strength": -3.307437,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -34.207869,
        "energy": 39.314649,
        "activity_lines": [
          403.209998,
          416.729089,
          417.831666,
          413.054838
        ]
      },
      {
        "date": "2026-04-03",
        "close": 407.799988,
        "volume": 2237,
        "typical_volume": 6434.35,
        "trend": 407.486666,
        "fair_value": 326.361538,
        "relative_strength": -3.546146,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "mixed",
        "direction": -18.828991,
        "energy": 33.649754,
        "activity_lines": [
          401.429995,
          413.969087,
          417.373094,
          413.132795
        ]
      },
      {
        "date": "2026-04-10",
        "close": 428.75,
        "volume": 10499,
        "typical_volume": 6861.25,
        "trend": 408.708332,
        "fair_value": 327.520513,
        "relative_strength": -2.772191,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 16.757269,
        "energy": 24.001558,
        "activity_lines": [
          409.339996,
          415.345451,
          418.837856,
          414.504623
        ]
      },
      {
        "date": "2026-04-17",
        "close": 445.799988,
        "volume": 4567,
        "typical_volume": 6912.15,
        "trend": 410.564998,
        "fair_value": 328.772756,
        "relative_strength": -1.507019,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.66916,
        "energy": 23.102419,
        "activity_lines": [
          422.533327,
          419.769086,
          421.687617,
          416.897633
        ]
      },
      {
        "date": "2026-04-24",
        "close": 430.649994,
        "volume": 5991,
        "typical_volume": 6981.65,
        "trend": 411.831665,
        "fair_value": 329.913461,
        "relative_strength": -2.406649,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.978061,
        "energy": 32.026607,
        "activity_lines": [
          428.47666,
          421.143631,
          422.831426,
          418.193439
        ]
      },
      {
        "date": "2026-05-01",
        "close": 430.100006,
        "volume": 3220,
        "typical_volume": 6946.9,
        "trend": 412.688332,
        "fair_value": 331.059936,
        "relative_strength": -3.638818,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.907605,
        "energy": 35.710634,
        "activity_lines": [
          431.719997,
          422.535451,
          423.750474,
          419.372042
        ]
      },
      {
        "date": "2026-05-08",
        "close": 434.950012,
        "volume": 26565,
        "typical_volume": 7928.25,
        "trend": 413.931666,
        "fair_value": 332.227884,
        "relative_strength": -4.547496,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 54.559384,
        "energy": 42.363324,
        "activity_lines": [
          433.830003,
          425.093636,
          424.974999,
          420.808279
        ]
      },
      {
        "date": "2026-05-15",
        "close": 422.549988,
        "volume": 4097,
        "typical_volume": 8075.25,
        "trend": 414.906666,
        "fair_value": 333.275961,
        "relative_strength": -6.833074,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.440338,
        "energy": 32.047936,
        "activity_lines": [
          429.996665,
          425.641816,
          424.859522,
          421.3643
        ]
      },
      {
        "date": "2026-05-22",
        "close": 434.299988,
        "volume": 2905,
        "typical_volume": 7981.75,
        "trend": 415.959999,
        "fair_value": 334.433333,
        "relative_strength": -4.885705,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.25147,
        "energy": 26.96082,
        "activity_lines": [
          430.493329,
          428.329996,
          425.757854,
          422.615482
        ]
      },
      {
        "date": "2026-05-29",
        "close": 440.75,
        "volume": 617,
        "typical_volume": 7355.3,
        "trend": 417.258332,
        "fair_value": 335.607371,
        "relative_strength": -4.38216,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.474512,
        "energy": 30.617791,
        "activity_lines": [
          433.906663,
          431.799997,
          427.140473,
          424.214837
        ]
      },
      {
        "date": "2026-06-05",
        "close": 434.75,
        "volume": 2592,
        "typical_volume": 6967.55,
        "trend": 418.756666,
        "fair_value": 336.75032,
        "relative_strength": -5.287391,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.471872,
        "energy": 27.731735,
        "activity_lines": [
          434.646663,
          433.309088,
          427.886188,
          425.343331
        ]
      },
      {
        "date": "2026-06-12",
        "close": 432.75,
        "volume": 1645,
        "typical_volume": 6819.0,
        "trend": 420.091666,
        "fair_value": 337.848397,
        "relative_strength": -8.462964,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.078476,
        "energy": 31.196063,
        "activity_lines": [
          434.409998,
          433.619998,
          428.432855,
          426.246127
        ]
      },
      {
        "date": "2026-06-19",
        "close": 449.799988,
        "volume": 646,
        "typical_volume": 6492.3,
        "trend": 422.464998,
        "fair_value": 339.116025,
        "relative_strength": -7.120598,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.655191,
        "energy": 51.16878,
        "activity_lines": [
          440.003329,
          436.577269,
          430.570235,
          428.162793
        ]
      },
      {
        "date": "2026-06-26",
        "close": 439.049988,
        "volume": 4387,
        "typical_volume": 6309.05,
        "trend": 424.081665,
        "fair_value": 340.276922,
        "relative_strength": -6.340389,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.403698,
        "energy": 41.394521,
        "activity_lines": [
          440.196659,
          437.197267,
          431.569757,
          429.232792
        ]
      },
      {
        "date": "2026-07-03",
        "close": 461.0,
        "volume": 200,
        "typical_volume": 6131.6,
        "trend": 426.299998,
        "fair_value": 341.643589,
        "relative_strength": -4.407273,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.00608,
        "energy": 63.641415,
        "activity_lines": [
          447.389994,
          441.930904,
          434.614758,
          431.61462
        ]
      },
      {
        "date": "2026-07-10",
        "close": 441.5,
        "volume": 2645,
        "typical_volume": 5973.1,
        "trend": 427.774998,
        "fair_value": 342.828525,
        "relative_strength": -7.874305,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.372213,
        "energy": 56.345319,
        "activity_lines": [
          446.733329,
          442.567269,
          435.688806,
          432.595266
        ]
      },
      {
        "date": "2026-07-17",
        "close": 434.950012,
        "volume": 1506,
        "typical_volume": 5802.3,
        "trend": 428.888332,
        "fair_value": 343.958974,
        "relative_strength": -7.723755,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 51.257902,
        "energy": 34.21031,
        "activity_lines": [
          443.443335,
          441.805453,
          436.159283,
          433.05817
        ]
      },
      {
        "date": "2026-07-24",
        "close": 441.100006,
        "volume": 1473,
        "typical_volume": 5285.95,
        "trend": 430.243332,
        "fair_value": 345.110897,
        "relative_strength": -6.078185,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.169168,
        "energy": 28.088544,
        "activity_lines": [
          442.056671,
          442.161819,
          437.279522,
          433.84602
        ]
      },
      {
        "date": "2026-07-31",
        "close": 449.450012,
        "volume": 2571,
        "typical_volume": 4567.1,
        "trend": 431.658332,
        "fair_value": 346.347756,
        "relative_strength": -4.826328,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.367497,
        "energy": 28.351398,
        "activity_lines": [
          444.033341,
          443.699094,
          439.107619,
          435.08516
        ]
      },
      {
        "date": "2026-08-07",
        "close": 462.549988,
        "volume": 2049,
        "typical_volume": 4435.7,
        "trend": 432.843332,
        "fair_value": 347.692628,
        "relative_strength": -4.747908,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.062464,
        "energy": 44.668389,
        "activity_lines": [
          449.683335,
          447.342728,
          442.008809,
          437.078171
        ]
      }
    ],
    "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."
    }
  }
}