{
  "ticker": {
    "uuid": "5c043e17-2ce2-4845-8f67-54e3b8552d74",
    "symbol": "BUFAB",
    "name": "Bufab AB (publ)",
    "exchange": "STO",
    "country": "SE",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^OMX",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 65.769,
    "architecture_energy": 78.892,
    "architecture_maturity": 45.051,
    "architecture_confidence": 85.669,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 7.01,
        "rotation_up": 73.48,
        "upward_expansion": 91.78,
        "deceleration": 46.94,
        "rotation_down": 11.19,
        "downward_expansion": 18.44
      },
      "activity_lines": [
        135.546667,
        132.283637,
        126.305858,
        121.920301
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 135.399994,
    "trend_reference": 116.409154,
    "distance_from_trend": 0.163139,
    "trend_direction": "Improving",
    "fair_value": 86.557498,
    "distance_from_fair_value": 0.564278,
    "fair_value_direction": "Improving",
    "relative_strength": 11.936849,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.146217,
    "excess_performance": 0.084723,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.163139,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.092894,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.564278,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.174683,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.119368,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.07849,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.146217,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.409886,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 547618,
      "relative_activity": 1.056366,
      "balance": 1.409886,
      "dry_up": 1.175789,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.048176,
      "annualized_volatility": 0.288978,
      "from_high_reference": -0.036984,
      "from_low_reference": 0.578345
    },
    "levels": {
      "trend_reference": 116.409154,
      "fair_value_reference": 86.557498,
      "structural_low": 93.80962,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 34,
        "median_return": -0.001231,
        "positive_rate": 0.441176,
        "directional_follow_through": 0.441176,
        "median_excess_return": -0.008289,
        "regime_survival": 0.735294,
        "best_return": 0.225695,
        "worst_return": -0.18485,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 13,
        "median_return": 0.040655,
        "positive_rate": 0.538462,
        "directional_follow_through": 0.538462,
        "median_excess_return": 0.001446,
        "regime_survival": 0.461538,
        "best_return": 0.32143,
        "worst_return": -0.20247,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.063908,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.037699,
        "regime_survival": 0.5,
        "best_return": 0.442708,
        "worst_return": -0.327922,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.232643,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.124115,
        "regime_survival": 0.75,
        "best_return": 0.463747,
        "worst_return": -0.030387,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2024-10-04",
        "end": "2024-11-08",
        "tenure": "Developing",
        "return": 0.101928,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-15",
        "end": "2024-12-13",
        "tenure": "Developing",
        "return": 0.108793,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-12-20",
        "end": "2025-01-10",
        "tenure": "New",
        "return": -0.042778,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-17",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.058038,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": -0.08344,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-28",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.072401,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.176781,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-30",
        "end": "2025-06-20",
        "tenure": "New",
        "return": 0.052034,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-06-27",
        "end": "2025-07-18",
        "tenure": "New",
        "return": 0.060962,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-25",
        "end": "2025-09-19",
        "tenure": "Developing",
        "return": -0.004337,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-26",
        "end": "2025-10-24",
        "tenure": "Developing",
        "return": 0.16753,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-10-31",
        "end": "2026-03-27",
        "tenure": "Established",
        "return": -0.014286,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.154659,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.130217,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 54.393009,
        "volume": 1010380,
        "typical_volume": 1671901.75,
        "trend": 58.95856,
        "fair_value": 51.530702,
        "relative_strength": 4.347479,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -40.375961,
        "energy": 62.411736,
        "activity_lines": [
          56.598715,
          59.193677,
          62.583986,
          61.301487
        ]
      },
      {
        "date": "2023-08-25",
        "close": 54.24054,
        "volume": 926880,
        "typical_volume": 1668252.25,
        "trend": 59.046376,
        "fair_value": 51.741927,
        "relative_strength": 3.869193,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.935299,
        "energy": 63.090198,
        "activity_lines": [
          55.62546,
          57.810375,
          61.754826,
          60.997098
        ]
      },
      {
        "date": "2023-09-01",
        "close": 56.756268,
        "volume": 1976995,
        "typical_volume": 1726883.5,
        "trend": 59.095178,
        "fair_value": 51.962158,
        "relative_strength": 6.63341,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.057335,
        "energy": 49.191792,
        "activity_lines": [
          55.696612,
          57.147832,
          61.142993,
          60.849349
        ]
      },
      {
        "date": "2023-09-08",
        "close": 55.307819,
        "volume": 734505,
        "typical_volume": 1633487.5,
        "trend": 59.316237,
        "fair_value": 52.179986,
        "relative_strength": 4.250432,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -36.804877,
        "energy": 40.478288,
        "activity_lines": [
          55.429793,
          56.415292,
          60.370488,
          60.605004
        ]
      },
      {
        "date": "2023-09-15",
        "close": 53.859371,
        "volume": 772680,
        "typical_volume": 1412357.0,
        "trend": 59.325186,
        "fair_value": 52.375714,
        "relative_strength": 0.395743,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -41.986167,
        "energy": 41.871697,
        "activity_lines": [
          54.911402,
          55.691761,
          59.48345,
          60.252948
        ]
      },
      {
        "date": "2023-09-22",
        "close": 53.135143,
        "volume": 677805,
        "typical_volume": 1382347.0,
        "trend": 59.417112,
        "fair_value": 52.570359,
        "relative_strength": 0.13855,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -42.254556,
        "energy": 41.364728,
        "activity_lines": [
          54.319315,
          55.095748,
          58.579168,
          59.85359
        ]
      },
      {
        "date": "2023-09-29",
        "close": 52.563389,
        "volume": 791550,
        "typical_volume": 1351153.25,
        "trend": 59.42697,
        "fair_value": 52.746624,
        "relative_strength": -0.74013,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -69.973731,
        "energy": 61.581908,
        "activity_lines": [
          53.620502,
          54.487262,
          57.685414,
          59.411415
        ]
      },
      {
        "date": "2023-10-06",
        "close": 51.877281,
        "volume": 939570,
        "typical_volume": 1344119.75,
        "trend": 59.473817,
        "fair_value": 52.912083,
        "relative_strength": -2.245771,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.403912,
        "energy": 72.626996,
        "activity_lines": [
          52.804797,
          53.840657,
          56.80491,
          58.924338
        ]
      },
      {
        "date": "2023-10-13",
        "close": 49.628384,
        "volume": 1130160,
        "typical_volume": 1299025.25,
        "trend": 59.518164,
        "fair_value": 53.065736,
        "relative_strength": -8.086243,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -81.46602,
        "energy": 87.330464,
        "activity_lines": [
          51.564725,
          52.913375,
          55.802795,
          58.289149
        ]
      },
      {
        "date": "2023-10-20",
        "close": 47.417591,
        "volume": 1068480,
        "typical_volume": 1227897.5,
        "trend": 59.532926,
        "fair_value": 53.20854,
        "relative_strength": -7.590054,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -85.297113,
        "energy": 91.078577,
        "activity_lines": [
          49.96635,
          51.750459,
          54.680702,
          57.508466
        ]
      },
      {
        "date": "2023-10-27",
        "close": 49.350449,
        "volume": 2619375,
        "typical_volume": 1302853.75,
        "trend": 59.435685,
        "fair_value": 53.36682,
        "relative_strength": -2.7696,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.295698,
        "energy": 82.299605,
        "activity_lines": [
          49.441714,
          51.101835,
          53.845788,
          56.851533
        ]
      },
      {
        "date": "2023-11-03",
        "close": 53.543125,
        "volume": 818755,
        "typical_volume": 1220513.75,
        "trend": 59.568306,
        "fair_value": 53.537499,
        "relative_strength": 1.277552,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -63.824507,
        "energy": 54.786688,
        "activity_lines": [
          50.56695,
          51.307199,
          53.50407,
          56.471367
        ]
      },
      {
        "date": "2023-11-10",
        "close": 53.850842,
        "volume": 1075590,
        "typical_volume": 1217861.0,
        "trend": 59.63053,
        "fair_value": 53.71727,
        "relative_strength": 2.103297,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -49.114286,
        "energy": 40.001144,
        "activity_lines": [
          51.729442,
          51.581191,
          53.263953,
          56.102499
        ]
      },
      {
        "date": "2023-11-17",
        "close": 58.735882,
        "volume": 876070,
        "typical_volume": 1179217.25,
        "trend": 59.580895,
        "fair_value": 53.892516,
        "relative_strength": 6.669806,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -16.631149,
        "energy": 19.329634,
        "activity_lines": [
          54.388709,
          52.796199,
          53.553555,
          56.04478
        ]
      },
      {
        "date": "2023-11-24",
        "close": 60.582195,
        "volume": 900255,
        "typical_volume": 1167413.75,
        "trend": 59.442878,
        "fair_value": 54.076751,
        "relative_strength": 8.046691,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 12.049319,
        "energy": 28.161237,
        "activity_lines": [
          57.056249,
          54.284572,
          54.074005,
          56.10938
        ]
      },
      {
        "date": "2023-12-01",
        "close": 61.505356,
        "volume": 823330,
        "typical_volume": 1047095.0,
        "trend": 59.267021,
        "fair_value": 54.270463,
        "relative_strength": 8.142053,
        "stage": 1,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": 16.937184,
        "energy": 36.785583,
        "activity_lines": [
          59.153868,
          55.818559,
          54.718247,
          56.242443
        ]
      },
      {
        "date": "2023-12-08",
        "close": 67.121231,
        "volume": 1025880,
        "typical_volume": 999954.25,
        "trend": 59.202126,
        "fair_value": 54.507294,
        "relative_strength": 14.110927,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 50.954101,
        "energy": 67.834037,
        "activity_lines": [
          62.313118,
          58.221428,
          55.881435,
          56.749166
        ]
      },
      {
        "date": "2023-12-15",
        "close": 75.314247,
        "volume": 4595805,
        "typical_volume": 1186764.0,
        "trend": 59.335369,
        "fair_value": 54.768876,
        "relative_strength": 23.059297,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 58.644957,
        "energy": 83.375055,
        "activity_lines": [
          67.298167,
          61.849249,
          57.778275,
          57.788658
        ]
      },
      {
        "date": "2023-12-22",
        "close": 74.698814,
        "volume": 1770840,
        "typical_volume": 1252687.25,
        "trend": 59.537037,
        "fair_value": 55.019867,
        "relative_strength": 21.558081,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 61.05826,
        "energy": 85.709132,
        "activity_lines": [
          70.647177,
          64.939046,
          59.538478,
          58.779848
        ]
      },
      {
        "date": "2023-12-29",
        "close": 74.314163,
        "volume": 640390,
        "typical_volume": 1258764.75,
        "trend": 59.711906,
        "fair_value": 55.265544,
        "relative_strength": 19.039987,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 77.760788,
        "energy": 91.796129,
        "activity_lines": [
          72.803775,
          67.50308,
          61.186227,
          59.73321
        ]
      },
      {
        "date": "2024-01-05",
        "close": 71.044647,
        "volume": 1124645,
        "typical_volume": 1264478.0,
        "trend": 59.777792,
        "fair_value": 55.478871,
        "relative_strength": 15.934739,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.197723,
        "energy": 87.841155,
        "activity_lines": [
          72.95507,
          68.983629,
          62.437169,
          60.464355
        ]
      },
      {
        "date": "2024-01-12",
        "close": 74.852661,
        "volume": 2194875,
        "typical_volume": 1327877.75,
        "trend": 59.982047,
        "fair_value": 55.719574,
        "relative_strength": 20.250294,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.424121,
        "energy": 84.650971,
        "activity_lines": [
          73.73975,
          70.762103,
          63.971486,
          61.436927
        ]
      },
      {
        "date": "2024-01-19",
        "close": 69.698387,
        "volume": 1902510,
        "typical_volume": 1324153.5,
        "trend": 60.058962,
        "fair_value": 55.925458,
        "relative_strength": 14.134488,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.332184,
        "energy": 60.606041,
        "activity_lines": [
          72.290911,
          71.215991,
          64.916766,
          62.063788
        ]
      },
      {
        "date": "2024-01-26",
        "close": 70.890785,
        "volume": 2154300,
        "typical_volume": 1395143.25,
        "trend": 60.079061,
        "fair_value": 56.155361,
        "relative_strength": 12.031155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.764151,
        "energy": 53.207751,
        "activity_lines": [
          71.613928,
          71.598542,
          65.913979,
          62.762615
        ]
      },
      {
        "date": "2024-02-02",
        "close": 70.96772,
        "volume": 1562695,
        "typical_volume": 1434644.0,
        "trend": 60.174147,
        "fair_value": 56.377688,
        "relative_strength": 11.785446,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 49.179666,
        "energy": 46.529165,
        "activity_lines": [
          71.216458,
          71.774082,
          66.844315,
          63.465109
        ]
      },
      {
        "date": "2024-02-09",
        "close": 72.237061,
        "volume": 1880185,
        "typical_volume": 1494763.0,
        "trend": 60.643163,
        "fair_value": 56.599252,
        "relative_strength": 13.832267,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 47.379671,
        "energy": 38.406106,
        "activity_lines": [
          71.465198,
          71.991584,
          67.814071,
          64.243362
        ]
      },
      {
        "date": "2024-02-16",
        "close": 75.314247,
        "volume": 1318545,
        "typical_volume": 1521112.75,
        "trend": 61.242704,
        "fair_value": 56.825114,
        "relative_strength": 15.286275,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 71.134411,
        "energy": 51.118465,
        "activity_lines": [
          72.660173,
          72.573452,
          68.985932,
          65.189883
        ]
      },
      {
        "date": "2024-02-23",
        "close": 75.89122,
        "volume": 623765,
        "typical_volume": 1505322.5,
        "trend": 61.808113,
        "fair_value": 57.061795,
        "relative_strength": 14.229334,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.101201,
        "energy": 54.03218,
        "activity_lines": [
          74.0167,
          73.11126,
          70.104405,
          66.134949
        ]
      },
      {
        "date": "2024-03-01",
        "close": 76.50666,
        "volume": 1002775,
        "typical_volume": 1498953.25,
        "trend": 62.399119,
        "fair_value": 57.305387,
        "relative_strength": 13.30803,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.765941,
        "energy": 56.222162,
        "activity_lines": [
          75.165518,
          73.750477,
          71.167139,
          67.083242
        ]
      },
      {
        "date": "2024-03-08",
        "close": 73.506409,
        "volume": 613195,
        "typical_volume": 1476189.0,
        "trend": 62.970163,
        "fair_value": 57.51432,
        "relative_strength": 7.227255,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.193581,
        "energy": 51.333061,
        "activity_lines": [
          74.93986,
          73.811323,
          71.816144,
          67.799842
        ]
      },
      {
        "date": "2024-03-15",
        "close": 74.468025,
        "volume": 645290,
        "typical_volume": 1377484.75,
        "trend": 63.63933,
        "fair_value": 57.727638,
        "relative_strength": 6.197153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.494016,
        "energy": 49.771477,
        "activity_lines": [
          74.865495,
          74.061695,
          72.432498,
          68.541639
        ]
      },
      {
        "date": "2024-03-22",
        "close": 78.699158,
        "volume": 3778100,
        "typical_volume": 1525452.0,
        "trend": 64.454618,
        "fair_value": 57.966891,
        "relative_strength": 11.536296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.926616,
        "energy": 52.957794,
        "activity_lines": [
          76.052777,
          75.01912,
          73.33221,
          69.513241
        ]
      },
      {
        "date": "2024-03-29",
        "close": 80.737801,
        "volume": 964375,
        "typical_volume": 1519891.25,
        "trend": 65.254002,
        "fair_value": 58.226926,
        "relative_strength": 14.479155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.888632,
        "energy": 55.091168,
        "activity_lines": [
          77.693946,
          76.277272,
          74.306287,
          70.563769
        ]
      },
      {
        "date": "2024-04-05",
        "close": 77.42981,
        "volume": 1700945,
        "typical_volume": 1561135.0,
        "trend": 65.991402,
        "fair_value": 58.450329,
        "relative_strength": 9.759155,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.874365,
        "energy": 48.216298,
        "activity_lines": [
          77.909346,
          76.733254,
          74.837285,
          71.349305
        ]
      },
      {
        "date": "2024-04-12",
        "close": 77.814468,
        "volume": 1730335,
        "typical_volume": 1602639.0,
        "trend": 66.789905,
        "fair_value": 58.667297,
        "relative_strength": 9.614571,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.351766,
        "energy": 47.233705,
        "activity_lines": [
          78.191422,
          77.140282,
          75.315898,
          72.112083
        ]
      },
      {
        "date": "2024-04-19",
        "close": 72.92942,
        "volume": 667080,
        "typical_volume": 1594826.5,
        "trend": 67.449714,
        "fair_value": 58.836037,
        "relative_strength": 2.77198,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.770551,
        "energy": 35.134984,
        "activity_lines": [
          76.557944,
          76.534634,
          75.24721,
          72.508181
        ]
      },
      {
        "date": "2024-04-26",
        "close": 65.813423,
        "volume": 1832160,
        "typical_volume": 1635140.5,
        "trend": 67.891382,
        "fair_value": 58.988557,
        "relative_strength": -9.10211,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 3.925956,
        "energy": 11.048112,
        "activity_lines": [
          72.655041,
          74.62258,
          74.446408,
          72.402614
        ]
      },
      {
        "date": "2024-05-03",
        "close": 68.272644,
        "volume": 1091335,
        "typical_volume": 1459917.0,
        "trend": 68.437894,
        "fair_value": 59.146643,
        "relative_strength": -4.862206,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": -2.14771,
        "energy": 18.797841,
        "activity_lines": [
          70.430928,
          73.330399,
          73.886045,
          72.427211
        ]
      },
      {
        "date": "2024-05-10",
        "close": 70.692833,
        "volume": 621740,
        "typical_volume": 1402462.0,
        "trend": 69.140042,
        "fair_value": 59.322043,
        "relative_strength": -4.521487,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.432594,
        "energy": 23.370604,
        "activity_lines": [
          69.844555,
          72.616772,
          73.589707,
          72.572691
        ]
      },
      {
        "date": "2024-05-17",
        "close": 72.995918,
        "volume": 754385,
        "typical_volume": 1408161.75,
        "trend": 69.992653,
        "fair_value": 59.507407,
        "relative_strength": -0.226335,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.607649,
        "energy": 20.809599,
        "activity_lines": [
          70.475008,
          72.427593,
          73.531788,
          72.821458
        ]
      },
      {
        "date": "2024-05-24",
        "close": 74.088898,
        "volume": 793620,
        "typical_volume": 1391610.5,
        "trend": 70.817268,
        "fair_value": 59.691378,
        "relative_strength": 0.543491,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.743604,
        "energy": 12.006585,
        "activity_lines": [
          71.791025,
          72.44642,
          73.584238,
          73.085731
        ]
      },
      {
        "date": "2024-05-31",
        "close": 75.259956,
        "volume": 1058285,
        "typical_volume": 1334781.0,
        "trend": 71.541163,
        "fair_value": 59.881657,
        "relative_strength": 3.019375,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.271186,
        "energy": 18.162119,
        "activity_lines": [
          73.420096,
          72.68506,
          73.733722,
          73.372356
        ]
      },
      {
        "date": "2024-06-07",
        "close": 75.533203,
        "volume": 537765,
        "typical_volume": 1266543.75,
        "trend": 72.263908,
        "fair_value": 60.071887,
        "relative_strength": 2.710783,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 38.855992,
        "energy": 25.251109,
        "activity_lines": [
          74.51048,
          73.035912,
          73.90729,
          73.629907
        ]
      },
      {
        "date": "2024-06-14",
        "close": 77.953384,
        "volume": 803580,
        "typical_volume": 1199007.75,
        "trend": 72.904491,
        "fair_value": 60.277631,
        "relative_strength": 8.504276,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 49.126295,
        "energy": 31.832175,
        "activity_lines": [
          75.923554,
          73.921426,
          74.283566,
          73.99697
        ]
      },
      {
        "date": "2024-06-21",
        "close": 75.923561,
        "volume": 1204015,
        "typical_volume": 1181073.75,
        "trend": 73.41587,
        "fair_value": 60.479962,
        "relative_strength": 5.226,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 40.945616,
        "energy": 30.158164,
        "activity_lines": [
          76.175984,
          74.428362,
          74.432894,
          74.191749
        ]
      },
      {
        "date": "2024-06-28",
        "close": 76.313904,
        "volume": 651900,
        "typical_volume": 1119659.5,
        "trend": 73.909489,
        "fair_value": 60.670998,
        "relative_strength": 5.997791,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 50.069001,
        "energy": 37.957814,
        "activity_lines": [
          76.363352,
          75.040649,
          74.595799,
          74.378719
        ]
      },
      {
        "date": "2024-07-05",
        "close": 77.328819,
        "volume": 463750,
        "typical_volume": 1076919.75,
        "trend": 74.249742,
        "fair_value": 60.821146,
        "relative_strength": 7.956002,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 54.246122,
        "energy": 38.590176,
        "activity_lines": [
          76.740691,
          75.77593,
          74.835949,
          74.599321
        ]
      },
      {
        "date": "2024-07-12",
        "close": 84.745522,
        "volume": 1121950,
        "typical_volume": 1101829.0,
        "trend": 74.564117,
        "fair_value": 60.982842,
        "relative_strength": 14.480223,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 74.82495,
        "energy": 58.320699,
        "activity_lines": [
          79.45234,
          77.650332,
          75.772858,
          75.276468
        ]
      },
      {
        "date": "2024-07-19",
        "close": 88.492897,
        "volume": 995435,
        "typical_volume": 1101462.0,
        "trend": 75.02392,
        "fair_value": 61.16856,
        "relative_strength": 21.609721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.676441,
        "energy": 76.057995,
        "activity_lines": [
          82.79896,
          79.906568,
          77.024497,
          76.175099
        ]
      },
      {
        "date": "2024-07-26",
        "close": 85.916573,
        "volume": 608875,
        "typical_volume": 1101246.0,
        "trend": 75.410667,
        "fair_value": 61.319766,
        "relative_strength": 17.126853,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.925122,
        "energy": 78.240775,
        "activity_lines": [
          84.584171,
          81.370744,
          77.973694,
          76.877851
        ]
      },
      {
        "date": "2024-08-02",
        "close": 80.412605,
        "volume": 414975,
        "typical_volume": 1089730.25,
        "trend": 75.722932,
        "fair_value": 61.411693,
        "relative_strength": 14.126642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.525904,
        "energy": 71.564483,
        "activity_lines": [
          83.868525,
          81.599277,
          78.339608,
          77.200556
        ]
      },
      {
        "date": "2024-08-09",
        "close": 79.35865,
        "volume": 693990,
        "typical_volume": 935524.75,
        "trend": 75.873132,
        "fair_value": 61.52746,
        "relative_strength": 12.509066,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.352494,
        "energy": 49.598014,
        "activity_lines": [
          82.528314,
          81.521206,
          78.576837,
          77.435119
        ]
      },
      {
        "date": "2024-08-16",
        "close": 79.35865,
        "volume": 423120,
        "typical_volume": 908462.0,
        "trend": 76.195141,
        "fair_value": 61.653425,
        "relative_strength": 8.764223,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 41.263934,
        "energy": 24.282949,
        "activity_lines": [
          81.052781,
          81.368612,
          78.810926,
          77.659991
        ]
      },
      {
        "date": "2024-08-23",
        "close": 81.974014,
        "volume": 292755,
        "typical_volume": 838052.5,
        "trend": 76.564582,
        "fair_value": 61.770359,
        "relative_strength": 10.698033,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.245576,
        "energy": 20.7925,
        "activity_lines": [
          80.80816,
          81.621987,
          79.300665,
          78.032822
        ]
      },
      {
        "date": "2024-08-30",
        "close": 84.823586,
        "volume": 357865,
        "typical_volume": 769429.0,
        "trend": 77.026444,
        "fair_value": 61.920558,
        "relative_strength": 12.425482,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 50.34237,
        "energy": 25.901503,
        "activity_lines": [
          81.947989,
          82.320362,
          80.040152,
          78.565661
        ]
      },
      {
        "date": "2024-09-06",
        "close": 78.382774,
        "volume": 349045,
        "typical_volume": 753527.25,
        "trend": 77.231301,
        "fair_value": 62.02227,
        "relative_strength": 8.260352,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.685695,
        "energy": 18.048827,
        "activity_lines": [
          81.013747,
          81.685863,
          80.132853,
          78.653166
        ]
      },
      {
        "date": "2024-09-13",
        "close": 80.998138,
        "volume": 697010,
        "typical_volume": 696769.75,
        "trend": 77.420764,
        "fair_value": 62.135348,
        "relative_strength": 9.371375,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.053928,
        "energy": 20.136762,
        "activity_lines": [
          81.086615,
          81.489268,
          80.448667,
          78.896187
        ]
      },
      {
        "date": "2024-09-20",
        "close": 71.35643,
        "volume": 1782405,
        "typical_volume": 731323.25,
        "trend": 77.269604,
        "fair_value": 62.199819,
        "relative_strength": -5.857488,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -6.709741,
        "energy": 10.242661,
        "activity_lines": [
          77.836281,
          79.472921,
          79.773915,
          78.50494
        ]
      },
      {
        "date": "2024-09-27",
        "close": 71.980995,
        "volume": 2971625,
        "typical_volume": 848817.5,
        "trend": 77.118749,
        "fair_value": 62.292889,
        "relative_strength": -7.377939,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -25.435693,
        "energy": 27.543664,
        "activity_lines": [
          75.327616,
          77.813568,
          79.14396,
          78.163739
        ]
      },
      {
        "date": "2024-10-04",
        "close": 70.848969,
        "volume": 811775,
        "typical_volume": 851687.0,
        "trend": 77.030168,
        "fair_value": 62.361306,
        "relative_strength": -7.774683,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.557678,
        "energy": 45.684475,
        "activity_lines": [
          73.107811,
          76.24861,
          78.40006,
          77.759238
        ]
      },
      {
        "date": "2024-10-11",
        "close": 70.146332,
        "volume": 545520,
        "typical_volume": 839282.0,
        "trend": 76.886111,
        "fair_value": 62.381425,
        "relative_strength": -8.422071,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.367161,
        "energy": 59.382567,
        "activity_lines": [
          71.585435,
          74.829855,
          77.599465,
          77.315119
        ]
      },
      {
        "date": "2024-10-18",
        "close": 70.575722,
        "volume": 519465,
        "typical_volume": 812341.0,
        "trend": 76.61533,
        "fair_value": 62.391098,
        "relative_strength": -8.320748,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.100429,
        "energy": 61.417341,
        "activity_lines": [
          70.755284,
          73.675831,
          76.858539,
          76.907997
        ]
      },
      {
        "date": "2024-10-25",
        "close": 75.923561,
        "volume": 1245520,
        "typical_volume": 847728.75,
        "trend": 76.454855,
        "fair_value": 62.438652,
        "relative_strength": -1.62915,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.10897,
        "energy": 40.796718,
        "activity_lines": [
          72.402575,
          73.653831,
          76.649236,
          76.863367
        ]
      },
      {
        "date": "2024-11-01",
        "close": 73.152046,
        "volume": 739470,
        "typical_volume": 844523.25,
        "trend": 76.312263,
        "fair_value": 62.46124,
        "relative_strength": -4.133027,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.554965,
        "energy": 25.928609,
        "activity_lines": [
          72.821552,
          73.190376,
          76.174121,
          76.650283
        ]
      },
      {
        "date": "2024-11-08",
        "close": 78.070496,
        "volume": 804900,
        "typical_volume": 824567.5,
        "trend": 76.320797,
        "fair_value": 62.473964,
        "relative_strength": 1.919901,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -3.4365,
        "energy": 6.775796,
        "activity_lines": [
          74.801942,
          73.781583,
          76.190293,
          76.763717
        ]
      },
      {
        "date": "2024-11-15",
        "close": 78.577942,
        "volume": 1421560,
        "typical_volume": 863050.5,
        "trend": 76.509082,
        "fair_value": 62.457544,
        "relative_strength": 4.267072,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 8.23857,
        "energy": 15.478596,
        "activity_lines": [
          76.470045,
          74.587837,
          76.24457,
          76.909339
        ]
      },
      {
        "date": "2024-11-22",
        "close": 80.841988,
        "volume": 1015390,
        "typical_volume": 890632.5,
        "trend": 77.010034,
        "fair_value": 62.495833,
        "relative_strength": 6.755351,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.049105,
        "energy": 22.575886,
        "activity_lines": [
          78.330723,
          75.802187,
          76.50369,
          77.188881
        ]
      },
      {
        "date": "2024-11-29",
        "close": 79.631897,
        "volume": 1124605,
        "typical_volume": 890765.25,
        "trend": 77.388675,
        "fair_value": 62.519165,
        "relative_strength": 4.876952,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 17.995894,
        "energy": 24.855053,
        "activity_lines": [
          79.10362,
          76.799359,
          76.630833,
          77.358034
        ]
      },
      {
        "date": "2024-12-06",
        "close": 87.907379,
        "volume": 816520,
        "typical_volume": 881819.5,
        "trend": 77.962494,
        "fair_value": 62.574548,
        "relative_strength": 11.003135,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 53.650991,
        "energy": 56.647679,
        "activity_lines": [
          82.387788,
          79.150702,
          77.570468,
          78.03666
        ]
      },
      {
        "date": "2024-12-13",
        "close": 87.126671,
        "volume": 1167405,
        "typical_volume": 909746.0,
        "trend": 78.433519,
        "fair_value": 62.648923,
        "relative_strength": 12.330514,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 67.560284,
        "energy": 71.994026,
        "activity_lines": [
          84.428032,
          81.070527,
          78.438537,
          78.627897
        ]
      },
      {
        "date": "2024-12-20",
        "close": 84.862625,
        "volume": 1461970,
        "typical_volume": 962095.75,
        "trend": 78.792643,
        "fair_value": 62.67759,
        "relative_strength": 12.818229,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.390343,
        "energy": 72.992259,
        "activity_lines": [
          85.109849,
          82.282749,
          79.085222,
          79.042678
        ]
      },
      {
        "date": "2024-12-27",
        "close": 85.409119,
        "volume": 107465,
        "typical_volume": 932769.5,
        "trend": 79.130948,
        "fair_value": 62.688763,
        "relative_strength": 12.600349,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.961231,
        "energy": 74.968551,
        "activity_lines": [
          85.554851,
          83.326765,
          79.762762,
          79.469548
        ]
      },
      {
        "date": "2025-01-03",
        "close": 84.628418,
        "volume": 228400,
        "typical_volume": 923033.5,
        "trend": 79.434122,
        "fair_value": 62.732725,
        "relative_strength": 10.397337,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.645809,
        "energy": 63.175857,
        "activity_lines": [
          85.435144,
          83.959137,
          80.337138,
          79.824223
        ]
      },
      {
        "date": "2025-01-10",
        "close": 81.232346,
        "volume": 537965,
        "typical_volume": 935294.0,
        "trend": 79.543421,
        "fair_value": 62.801112,
        "relative_strength": 5.422683,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.655544,
        "energy": 35.182237,
        "activity_lines": [
          83.850312,
          83.815771,
          80.562985,
          79.940238
        ]
      },
      {
        "date": "2025-01-17",
        "close": 84.745522,
        "volume": 624675,
        "typical_volume": 948634.5,
        "trend": 79.837486,
        "fair_value": 62.911815,
        "relative_strength": 5.909122,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.333754,
        "energy": 28.901299,
        "activity_lines": [
          83.881541,
          84.16425,
          81.126952,
          80.275857
        ]
      },
      {
        "date": "2025-01-24",
        "close": 89.663956,
        "volume": 543710,
        "typical_volume": 958367.75,
        "trend": 80.282488,
        "fair_value": 63.081644,
        "relative_strength": 9.606421,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 72.313653,
        "energy": 43.738244,
        "activity_lines": [
          85.710991,
          85.285625,
          82.159713,
          80.909823
        ]
      },
      {
        "date": "2025-01-31",
        "close": 91.225372,
        "volume": 1351435,
        "typical_volume": 991089.0,
        "trend": 80.745707,
        "fair_value": 63.241084,
        "relative_strength": 11.188963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.844521,
        "energy": 52.79843,
        "activity_lines": [
          87.740824,
          86.489331,
          83.28746,
          81.615815
        ]
      },
      {
        "date": "2025-02-07",
        "close": 87.009567,
        "volume": 924870,
        "typical_volume": 948212.25,
        "trend": 80.821175,
        "fair_value": 63.384898,
        "relative_strength": 7.136014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.240964,
        "energy": 60.676647,
        "activity_lines": [
          87.977639,
          86.737737,
          83.965,
          82.019935
        ]
      },
      {
        "date": "2025-02-14",
        "close": 92.786781,
        "volume": 870975,
        "typical_volume": 843179.75,
        "trend": 80.964304,
        "fair_value": 63.574744,
        "relative_strength": 10.802177,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.580179,
        "energy": 74.219671,
        "activity_lines": [
          89.981448,
          87.902407,
          85.118213,
          82.79191
        ]
      },
      {
        "date": "2025-02-21",
        "close": 90.093346,
        "volume": 736070,
        "typical_volume": 839394.5,
        "trend": 81.10353,
        "fair_value": 63.746725,
        "relative_strength": 7.170982,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.902079,
        "energy": 60.532191,
        "activity_lines": [
          90.31715,
          88.488645,
          85.915833,
          83.38088
        ]
      },
      {
        "date": "2025-02-28",
        "close": 88.297729,
        "volume": 593850,
        "typical_volume": 841811.0,
        "trend": 81.366367,
        "fair_value": 63.94619,
        "relative_strength": 4.931394,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.515088,
        "energy": 41.873432,
        "activity_lines": [
          89.697792,
          88.694468,
          86.450802,
          83.845022
        ]
      },
      {
        "date": "2025-03-07",
        "close": 87.321846,
        "volume": 577720,
        "typical_volume": 844723.75,
        "trend": 81.631807,
        "fair_value": 64.126801,
        "relative_strength": 3.44255,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.198312,
        "energy": 37.246253,
        "activity_lines": [
          88.844221,
          88.6604,
          86.806395,
          84.229247
        ]
      },
      {
        "date": "2025-03-14",
        "close": 84.979736,
        "volume": 1349715,
        "typical_volume": 849933.5,
        "trend": 81.819177,
        "fair_value": 64.275001,
        "relative_strength": 2.280014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 35.795511,
        "energy": 20.231214,
        "activity_lines": [
          87.470182,
          88.165718,
          86.859186,
          84.445242
        ]
      },
      {
        "date": "2025-03-21",
        "close": 83.613503,
        "volume": 993955,
        "typical_volume": 862657.75,
        "trend": 81.873826,
        "fair_value": 64.43304,
        "relative_strength": 2.61733,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 23.465287,
        "energy": 17.95164,
        "activity_lines": [
          85.776053,
          87.416242,
          86.738735,
          84.561005
        ]
      },
      {
        "date": "2025-03-28",
        "close": 80.334541,
        "volume": 1033355,
        "typical_volume": 874080.5,
        "trend": 81.724192,
        "fair_value": 64.542464,
        "relative_strength": 1.984077,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -4.70287,
        "energy": 16.426231,
        "activity_lines": [
          83.60049,
          86.027298,
          86.256185,
          84.461696
        ]
      },
      {
        "date": "2025-04-04",
        "close": 74.51828,
        "volume": 939305,
        "typical_volume": 849967.75,
        "trend": 81.595375,
        "fair_value": 64.623004,
        "relative_strength": 5.056237,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -38.668201,
        "energy": 37.586319,
        "activity_lines": [
          80.136759,
          83.661051,
          85.208925,
          83.996799
        ]
      },
      {
        "date": "2025-04-11",
        "close": 66.164742,
        "volume": 1478310,
        "typical_volume": 873113.75,
        "trend": 81.100929,
        "fair_value": 64.625998,
        "relative_strength": -6.210151,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.557824,
        "energy": 67.755055,
        "activity_lines": [
          74.807146,
          80.051355,
          83.385421,
          83.001274
        ]
      },
      {
        "date": "2025-04-18",
        "close": 70.302483,
        "volume": 415115,
        "typical_volume": 837639.25,
        "trend": 81.065797,
        "fair_value": 64.657389,
        "relative_strength": -3.685548,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.037081,
        "energy": 71.476681,
        "activity_lines": [
          72.267254,
          77.649623,
          82.02588,
          82.3046
        ]
      },
      {
        "date": "2025-04-25",
        "close": 76.654396,
        "volume": 689785,
        "typical_volume": 831302.5,
        "trend": 81.221577,
        "fair_value": 64.752521,
        "relative_strength": 1.558594,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.918753,
        "energy": 65.477391,
        "activity_lines": [
          72.823149,
          76.70655,
          81.315708,
          82.019994
        ]
      },
      {
        "date": "2025-05-02",
        "close": 78.870522,
        "volume": 706750,
        "typical_volume": 808269.75,
        "trend": 81.488962,
        "fair_value": 64.895788,
        "relative_strength": 2.658426,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.929299,
        "energy": 47.360367,
        "activity_lines": [
          74.581694,
          76.459725,
          80.870182,
          81.868313
        ]
      },
      {
        "date": "2025-05-09",
        "close": 80.868996,
        "volume": 954544,
        "typical_volume": 782898.45,
        "trend": 81.846384,
        "fair_value": 65.061559,
        "relative_strength": 5.445108,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -42.991366,
        "energy": 26.930722,
        "activity_lines": [
          77.103998,
          76.78031,
          80.654301,
          81.828315
        ]
      },
      {
        "date": "2025-05-16",
        "close": 83.797455,
        "volume": 834417,
        "typical_volume": 819246.05,
        "trend": 82.287109,
        "fair_value": 65.244891,
        "relative_strength": 4.865669,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -24.388916,
        "energy": 21.080371,
        "activity_lines": [
          80.179073,
          77.76841,
          80.736339,
          81.95419
        ]
      },
      {
        "date": "2025-05-23",
        "close": 77.861389,
        "volume": 495726,
        "typical_volume": 832612.35,
        "trend": 82.351703,
        "fair_value": 65.367754,
        "relative_strength": -0.222762,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -28.607482,
        "energy": 22.609047,
        "activity_lines": [
          80.099946,
          77.741305,
          80.260711,
          81.66866
        ]
      },
      {
        "date": "2025-05-30",
        "close": 82.709175,
        "volume": 468893,
        "typical_volume": 829158.75,
        "trend": 82.670274,
        "fair_value": 65.505939,
        "relative_strength": 5.017946,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -19.376789,
        "energy": 19.211855,
        "activity_lines": [
          81.132821,
          78.725041,
          80.279002,
          81.691723
        ]
      },
      {
        "date": "2025-06-06",
        "close": 83.20385,
        "volume": 801533,
        "typical_volume": 838001.65,
        "trend": 82.841386,
        "fair_value": 65.668501,
        "relative_strength": 4.311408,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -14.876567,
        "energy": 16.20243,
        "activity_lines": [
          81.926935,
          79.815159,
          80.337371,
          81.726147
        ]
      },
      {
        "date": "2025-06-13",
        "close": 85.875084,
        "volume": 1576677,
        "typical_volume": 889650.0,
        "trend": 83.084624,
        "fair_value": 65.883328,
        "relative_strength": 10.069786,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 20.937621,
        "energy": 18.36933,
        "activity_lines": [
          83.322572,
          81.338787,
          80.657486,
          81.92187
        ]
      },
      {
        "date": "2025-06-20",
        "close": 87.012825,
        "volume": 825956,
        "typical_volume": 863376.05,
        "trend": 83.290318,
        "fair_value": 66.139376,
        "relative_strength": 11.68621,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.534907,
        "energy": 26.40199,
        "activity_lines": [
          84.763717,
          82.86279,
          81.103999,
          82.175302
        ]
      },
      {
        "date": "2025-06-27",
        "close": 88.44738,
        "volume": 664316,
        "typical_volume": 850348.35,
        "trend": 83.584168,
        "fair_value": 66.378568,
        "relative_strength": 10.480391,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 28.669805,
        "energy": 41.914964,
        "activity_lines": [
          86.468688,
          84.268565,
          81.707196,
          82.508016
        ]
      },
      {
        "date": "2025-07-04",
        "close": 89.436722,
        "volume": 477985,
        "typical_volume": 830698.85,
        "trend": 83.635146,
        "fair_value": 66.616831,
        "relative_strength": 11.075729,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.175269,
        "energy": 50.41313,
        "activity_lines": [
          87.797708,
          85.524313,
          82.397769,
          82.8856
        ]
      },
      {
        "date": "2025-07-11",
        "close": 94.591202,
        "volume": 690440,
        "typical_volume": 828417.35,
        "trend": 83.883964,
        "fair_value": 66.906312,
        "relative_strength": 15.632641,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 53.381534,
        "energy": 66.111822,
        "activity_lines": [
          90.396385,
          87.484834,
          83.595198,
          83.592442
        ]
      },
      {
        "date": "2025-07-18",
        "close": 93.839302,
        "volume": 934218,
        "typical_volume": 845435.75,
        "trend": 84.183186,
        "fair_value": 67.150985,
        "relative_strength": 14.473227,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 72.485742,
        "energy": 73.921679,
        "activity_lines": [
          91.985271,
          89.022815,
          84.699599,
          84.234722
        ]
      },
      {
        "date": "2025-07-25",
        "close": 95.817986,
        "volume": 422342,
        "typical_volume": 837666.85,
        "trend": 84.530148,
        "fair_value": 67.395619,
        "relative_strength": 13.978487,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.121365,
        "energy": 78.565478,
        "activity_lines": [
          93.702771,
          90.684732,
          85.966057,
          84.985354
        ]
      },
      {
        "date": "2025-08-01",
        "close": 93.888771,
        "volume": 370335,
        "typical_volume": 788697.85,
        "trend": 84.838827,
        "fair_value": 67.640003,
        "relative_strength": 14.584798,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.583044,
        "energy": 72.211044,
        "activity_lines": [
          94.190189,
          91.777329,
          87.008323,
          85.589136
        ]
      },
      {
        "date": "2025-08-08",
        "close": 97.173393,
        "volume": 450953,
        "typical_volume": 761547.75,
        "trend": 85.370195,
        "fair_value": 67.905443,
        "relative_strength": 15.086177,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.198277,
        "energy": 73.216827,
        "activity_lines": [
          95.409721,
          93.175722,
          88.320986,
          86.384915
        ]
      },
      {
        "date": "2025-08-15",
        "close": 95.075981,
        "volume": 314976,
        "typical_volume": 725628.8,
        "trend": 85.714544,
        "fair_value": 68.187126,
        "relative_strength": 10.686919,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.711073,
        "energy": 63.943424,
        "activity_lines": [
          95.414338,
          93.929782,
          89.369325,
          87.011094
        ]
      },
      {
        "date": "2025-08-22",
        "close": 97.252541,
        "volume": 430004,
        "typical_volume": 700163.75,
        "trend": 85.967497,
        "fair_value": 68.501543,
        "relative_strength": 10.90179,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.637044,
        "energy": 58.409598,
        "activity_lines": [
          96.112156,
          94.863723,
          90.554758,
          87.755481
        ]
      },
      {
        "date": "2025-08-29",
        "close": 92.760918,
        "volume": 538682,
        "typical_volume": 653182.35,
        "trend": 86.018681,
        "fair_value": 68.801709,
        "relative_strength": 8.174758,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.921647,
        "energy": 46.635933,
        "activity_lines": [
          95.085217,
          94.774143,
          91.204158,
          88.193767
        ]
      },
      {
        "date": "2025-09-05",
        "close": 91.563812,
        "volume": 667380,
        "typical_volume": 665795.6,
        "trend": 86.17049,
        "fair_value": 69.093595,
        "relative_strength": 6.535216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.899951,
        "energy": 32.605537,
        "activity_lines": [
          93.863047,
          94.362396,
          91.612901,
          88.551517
        ]
      },
      {
        "date": "2025-09-12",
        "close": 96.767761,
        "volume": 718483,
        "typical_volume": 667230.5,
        "trend": 86.303189,
        "fair_value": 69.456404,
        "relative_strength": 11.913804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.533732,
        "energy": 35.53073,
        "activity_lines": [
          94.530525,
          94.840159,
          92.416013,
          89.235212
        ]
      },
      {
        "date": "2025-09-19",
        "close": 95.402466,
        "volume": 626102,
        "typical_volume": 663198.1,
        "trend": 86.48016,
        "fair_value": 69.818338,
        "relative_strength": 9.336056,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 44.865547,
        "energy": 28.704857,
        "activity_lines": [
          94.769946,
          94.936395,
          92.993319,
          89.822262
        ]
      },
      {
        "date": "2025-09-26",
        "close": 87.873558,
        "volume": 562147,
        "typical_volume": 643578.25,
        "trend": 86.466021,
        "fair_value": 70.138068,
        "relative_strength": 0.42645,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.081341,
        "energy": 15.615963,
        "activity_lines": [
          92.477965,
          93.648989,
          92.774862,
          89.912159
        ]
      },
      {
        "date": "2025-10-03",
        "close": 89.496078,
        "volume": 728913,
        "typical_volume": 638303.05,
        "trend": 86.538495,
        "fair_value": 70.470137,
        "relative_strength": -1.201368,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.506405,
        "energy": 15.222305,
        "activity_lines": [
          91.35209,
          92.765054,
          92.677576,
          90.107646
        ]
      },
      {
        "date": "2025-10-10",
        "close": 94.977051,
        "volume": 1571045,
        "typical_volume": 692069.0,
        "trend": 86.871739,
        "fair_value": 70.81965,
        "relative_strength": 5.194274,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.112409,
        "energy": 16.09506,
        "activity_lines": [
          92.270862,
          92.992604,
          93.075152,
          90.652069
        ]
      },
      {
        "date": "2025-10-17",
        "close": 92.483902,
        "volume": 672822,
        "typical_volume": 702265.45,
        "trend": 87.167419,
        "fair_value": 71.159845,
        "relative_strength": 2.249617,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.234769,
        "energy": 14.49639,
        "activity_lines": [
          92.131035,
          92.747067,
          93.153781,
          91.014144
        ]
      },
      {
        "date": "2025-10-24",
        "close": 102.594994,
        "volume": 1221628,
        "typical_volume": 723270.2,
        "trend": 87.909434,
        "fair_value": 71.556373,
        "relative_strength": 9.47571,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.893486,
        "energy": 37.265465,
        "activity_lines": [
          95.647163,
          94.425174,
          94.148826,
          92.009472
        ]
      },
      {
        "date": "2025-10-31",
        "close": 103.881142,
        "volume": 650637,
        "typical_volume": 676968.2,
        "trend": 88.888196,
        "fair_value": 71.962963,
        "relative_strength": 11.074473,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.20518,
        "energy": 66.766186,
        "activity_lines": [
          99.112505,
          96.200416,
          95.174021,
          93.039905
        ]
      },
      {
        "date": "2025-11-07",
        "close": 96.926056,
        "volume": 574159,
        "typical_volume": 664378.35,
        "trend": 89.913573,
        "fair_value": 72.292252,
        "relative_strength": 4.630691,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.725376,
        "energy": 58.444323,
        "activity_lines": [
          99.192312,
          96.590578,
          95.451085,
          93.558476
        ]
      },
      {
        "date": "2025-11-14",
        "close": 96.698502,
        "volume": 367858,
        "typical_volume": 649555.45,
        "trend": 90.79344,
        "fair_value": 72.630988,
        "relative_strength": 3.255383,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 55.095968,
        "energy": 54.179323,
        "activity_lines": [
          98.700937,
          96.863636,
          95.659271,
          93.996214
        ]
      },
      {
        "date": "2025-11-21",
        "close": 93.50293,
        "volume": 345917,
        "typical_volume": 642952.05,
        "trend": 91.355058,
        "fair_value": 72.938333,
        "relative_strength": 1.836719,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.635465,
        "energy": 26.940797,
        "activity_lines": [
          97.029607,
          96.462323,
          95.523825,
          94.171019
        ]
      },
      {
        "date": "2025-11-28",
        "close": 96.64904,
        "volume": 494594,
        "typical_volume": 633159.75,
        "trend": 91.947675,
        "fair_value": 73.273117,
        "relative_strength": 1.752489,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 32.035878,
        "energy": 14.547133,
        "activity_lines": [
          96.339045,
          96.69239,
          95.668646,
          94.512567
        ]
      },
      {
        "date": "2025-12-05",
        "close": 103.307327,
        "volume": 908797,
        "typical_volume": 631888.7,
        "trend": 92.69562,
        "fair_value": 73.651188,
        "relative_strength": 7.090871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.912561,
        "energy": 28.803161,
        "activity_lines": [
          98.26431,
          98.110391,
          96.437791,
          95.245447
        ]
      },
      {
        "date": "2025-12-12",
        "close": 105.741112,
        "volume": 1895574,
        "typical_volume": 705550.3,
        "trend": 93.427075,
        "fair_value": 74.061824,
        "relative_strength": 9.621707,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.960384,
        "energy": 38.330953,
        "activity_lines": [
          101.03909,
          99.690283,
          97.393639,
          96.087092
        ]
      },
      {
        "date": "2025-12-19",
        "close": 100.101852,
        "volume": 748776,
        "typical_volume": 724472.35,
        "trend": 94.168424,
        "fair_value": 74.430859,
        "relative_strength": 2.981147,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.512084,
        "energy": 43.477412,
        "activity_lines": [
          101.346447,
          99.949492,
          97.765161,
          96.517723
        ]
      },
      {
        "date": "2025-12-26",
        "close": 100.794388,
        "volume": 407677,
        "typical_volume": 722308.55,
        "trend": 94.771264,
        "fair_value": 74.793427,
        "relative_strength": 3.346278,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.589953,
        "energy": 49.95281,
        "activity_lines": [
          101.657759,
          100.241438,
          98.173053,
          96.945204
        ]
      },
      {
        "date": "2026-01-02",
        "close": 96.807335,
        "volume": 268039,
        "typical_volume": 719961.7,
        "trend": 95.224714,
        "fair_value": 75.126196,
        "relative_strength": -1.842188,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.492026,
        "energy": 27.156105,
        "activity_lines": [
          100.153956,
          99.657365,
          98.183983,
          97.076564
        ]
      },
      {
        "date": "2026-01-09",
        "close": 100.833961,
        "volume": 531295,
        "typical_volume": 725026.25,
        "trend": 95.723343,
        "fair_value": 75.475689,
        "relative_strength": -1.065106,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.850109,
        "energy": 22.113686,
        "activity_lines": [
          99.981808,
          99.910637,
          98.570157,
          97.438451
        ]
      },
      {
        "date": "2026-01-16",
        "close": 99.429092,
        "volume": 1992408,
        "typical_volume": 797712.55,
        "trend": 96.137219,
        "fair_value": 75.797999,
        "relative_strength": -4.531851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 32.532736,
        "energy": 14.878654,
        "activity_lines": [
          99.506262,
          99.96388,
          98.805479,
          97.677531
        ]
      },
      {
        "date": "2026-01-23",
        "close": 96.935951,
        "volume": 1387747,
        "typical_volume": 833730.9,
        "trend": 96.420171,
        "fair_value": 76.088576,
        "relative_strength": -6.06452,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 23.41734,
        "energy": 13.986953,
        "activity_lines": [
          98.620471,
          99.518316,
          98.771606,
          97.729062
        ]
      },
      {
        "date": "2026-01-30",
        "close": 97.826355,
        "volume": 2128745,
        "typical_volume": 904244.0,
        "trend": 96.699825,
        "fair_value": 76.36123,
        "relative_strength": -5.509486,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 26.372884,
        "energy": 12.60621,
        "activity_lines": [
          98.242541,
          99.230327,
          98.796952,
          97.819784
        ]
      },
      {
        "date": "2026-02-06",
        "close": 118.127701,
        "volume": 2641073,
        "typical_volume": 1004992.55,
        "trend": 97.484375,
        "fair_value": 76.806433,
        "relative_strength": 10.363167,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.323451,
        "energy": 60.168128,
        "activity_lines": [
          104.829595,
          102.554883,
          100.750718,
          99.202227
        ]
      },
      {
        "date": "2026-02-13",
        "close": 112.290573,
        "volume": 1046583,
        "typical_volume": 1029214.35,
        "trend": 98.099418,
        "fair_value": 77.182713,
        "relative_strength": 4.824617,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.387117,
        "energy": 68.071364,
        "activity_lines": [
          108.049582,
          104.427622,
          102.040352,
          100.157466
        ]
      },
      {
        "date": "2026-02-20",
        "close": 115.040947,
        "volume": 764697,
        "typical_volume": 1031003.55,
        "trend": 98.740183,
        "fair_value": 77.597224,
        "relative_strength": 5.159914,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.178969,
        "energy": 76.976742,
        "activity_lines": [
          111.422586,
          106.637098,
          103.475655,
          101.250468
        ]
      },
      {
        "date": "2026-02-27",
        "close": 115.773056,
        "volume": 895399,
        "typical_volume": 997221.25,
        "trend": 99.469659,
        "fair_value": 78.004309,
        "relative_strength": 4.235437,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.68382,
        "energy": 80.068891,
        "activity_lines": [
          113.998836,
          108.810596,
          104.85904,
          102.349363
        ]
      },
      {
        "date": "2026-03-06",
        "close": 107.818741,
        "volume": 808952,
        "typical_volume": 1004027.75,
        "trend": 99.824504,
        "fair_value": 78.371918,
        "relative_strength": 2.758522,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.711177,
        "energy": 67.356611,
        "activity_lines": [
          112.667841,
          109.252924,
          105.385843,
          102.888013
        ]
      },
      {
        "date": "2026-03-13",
        "close": 105.563026,
        "volume": 595151,
        "typical_volume": 972703.9,
        "trend": 100.174072,
        "fair_value": 78.739001,
        "relative_strength": 1.084436,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.203481,
        "energy": 40.282524,
        "activity_lines": [
          109.918782,
          109.157407,
          105.624793,
          103.258241
        ]
      },
      {
        "date": "2026-03-20",
        "close": 98.370499,
        "volume": 837927,
        "typical_volume": 982068.4,
        "trend": 100.211338,
        "fair_value": 79.068461,
        "relative_strength": -0.878014,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 20.416883,
        "energy": 13.684894,
        "activity_lines": [
          105.609859,
          107.594963,
          105.164607,
          103.141881
        ]
      },
      {
        "date": "2026-03-27",
        "close": 102.397125,
        "volume": 500932,
        "typical_volume": 978407.05,
        "trend": 100.532544,
        "fair_value": 79.389804,
        "relative_strength": 2.969353,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 21.87679,
        "energy": 21.183412,
        "activity_lines": [
          103.571149,
          106.809423,
          105.11415,
          103.2829
        ]
      },
      {
        "date": "2026-04-03",
        "close": 102.99073,
        "volume": 522227,
        "typical_volume": 986125.5,
        "trend": 100.913442,
        "fair_value": 79.73228,
        "relative_strength": -0.106488,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.583214,
        "energy": 21.693127,
        "activity_lines": [
          102.573229,
          106.077847,
          105.094174,
          103.441492
        ]
      },
      {
        "date": "2026-04-10",
        "close": 112.191635,
        "volume": 458889,
        "typical_volume": 991774.1,
        "trend": 101.427571,
        "fair_value": 80.118225,
        "relative_strength": 3.369981,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 39.270625,
        "energy": 21.121782,
        "activity_lines": [
          105.494433,
          106.909076,
          105.920512,
          104.169118
        ]
      },
      {
        "date": "2026-04-17",
        "close": 118.919174,
        "volume": 542764,
        "typical_volume": 994182.6,
        "trend": 102.211461,
        "fair_value": 80.49447,
        "relative_strength": 6.639245,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 65.040037,
        "energy": 35.757202,
        "activity_lines": [
          110.366623,
          108.702307,
          107.298574,
          105.297608
        ]
      },
      {
        "date": "2026-04-24",
        "close": 119.800003,
        "volume": 707451,
        "typical_volume": 984115.3,
        "trend": 103.275676,
        "fair_value": 80.84753,
        "relative_strength": 9.812212,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.306122,
        "energy": 62.07115,
        "activity_lines": [
          114.642013,
          110.641298,
          108.654476,
          106.432353
        ]
      },
      {
        "date": "2026-05-01",
        "close": 118.599998,
        "volume": 457355,
        "typical_volume": 912204.35,
        "trend": 104.245807,
        "fair_value": 81.179703,
        "relative_strength": 9.750667,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.465619,
        "energy": 67.153547,
        "activity_lines": [
          117.088768,
          112.225572,
          109.817556,
          107.421019
        ]
      },
      {
        "date": "2026-05-08",
        "close": 113.199997,
        "volume": 823510,
        "typical_volume": 915941.05,
        "trend": 104.853238,
        "fair_value": 81.4626,
        "relative_strength": 4.087899,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.984901,
        "energy": 67.188077,
        "activity_lines": [
          116.655331,
          112.763317,
          110.405117,
          107.998708
        ]
      },
      {
        "date": "2026-05-15",
        "close": 113.599998,
        "volume": 384263,
        "typical_volume": 914770.35,
        "trend": 105.557108,
        "fair_value": 81.733645,
        "relative_strength": 5.480661,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.696731,
        "energy": 56.311002,
        "activity_lines": [
          115.67461,
          113.420573,
          110.968401,
          108.563016
        ]
      },
      {
        "date": "2026-05-22",
        "close": 117.800003,
        "volume": 479045,
        "typical_volume": 925320.65,
        "trend": 106.063942,
        "fair_value": 82.048717,
        "relative_strength": 5.222249,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.135982,
        "energy": 39.464649,
        "activity_lines": [
          116.0,
          114.736352,
          111.870706,
          109.35288
        ]
      },
      {
        "date": "2026-05-29",
        "close": 117.400002,
        "volume": 1031513,
        "typical_volume": 950331.55,
        "trend": 106.51457,
        "fair_value": 82.358537,
        "relative_strength": 4.891281,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.378229,
        "energy": 34.528254,
        "activity_lines": [
          116.266667,
          115.756913,
          112.634951,
          110.084238
        ]
      },
      {
        "date": "2026-06-05",
        "close": 116.599998,
        "volume": 82140,
        "typical_volume": 854818.15,
        "trend": 107.170368,
        "fair_value": 82.663228,
        "relative_strength": 4.652331,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.007812,
        "energy": 34.63829,
        "activity_lines": [
          116.426667,
          116.286028,
          113.24412,
          110.734911
        ]
      },
      {
        "date": "2026-06-12",
        "close": 119.199997,
        "volume": 119068,
        "typical_volume": 791384.2,
        "trend": 107.920418,
        "fair_value": 82.986786,
        "relative_strength": 6.889397,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 61.626625,
        "energy": 40.366389,
        "activity_lines": [
          117.586666,
          117.029635,
          114.019141,
          111.511016
        ]
      },
      {
        "date": "2026-06-19",
        "close": 124.0,
        "volume": 689359,
        "typical_volume": 719414.9,
        "trend": 108.936987,
        "fair_value": 83.349665,
        "relative_strength": 8.715843,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.66341,
        "energy": 59.11638,
        "activity_lines": [
          119.946666,
          118.351257,
          115.145286,
          112.548409
        ]
      },
      {
        "date": "2026-06-26",
        "close": 126.599998,
        "volume": 252257,
        "typical_volume": 599974.1,
        "trend": 109.935352,
        "fair_value": 83.71064,
        "relative_strength": 11.588204,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.73247,
        "energy": 76.499301,
        "activity_lines": [
          122.479999,
          119.930908,
          116.394413,
          113.687958
        ]
      },
      {
        "date": "2026-07-03",
        "close": 128.600006,
        "volume": 333797,
        "typical_volume": 564334.8,
        "trend": 110.778442,
        "fair_value": 84.098364,
        "relative_strength": 9.852332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.537186,
        "energy": 82.267402,
        "activity_lines": [
          125.093334,
          121.734546,
          117.793673,
          114.892129
        ]
      },
      {
        "date": "2026-07-10",
        "close": 126.400002,
        "volume": 545286,
        "typical_volume": 553364.25,
        "trend": 111.467071,
        "fair_value": 84.535757,
        "relative_strength": 10.172646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.648257,
        "energy": 79.279323,
        "activity_lines": [
          126.226668,
          122.978183,
          118.905745,
          115.899972
        ]
      },
      {
        "date": "2026-07-17",
        "close": 139.0,
        "volume": 912443,
        "typical_volume": 554216.45,
        "trend": 112.763676,
        "fair_value": 85.059296,
        "relative_strength": 21.86704,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.120683,
        "energy": 91.735016,
        "activity_lines": [
          130.906668,
          126.37091,
          121.163726,
          117.676289
        ]
      },
      {
        "date": "2026-07-24",
        "close": 137.800003,
        "volume": 474120,
        "typical_volume": 537474.85,
        "trend": 113.997197,
        "fair_value": 85.564879,
        "relative_strength": 18.429674,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.980584,
        "energy": 89.731233,
        "activity_lines": [
          133.866669,
          129.076365,
          123.196817,
          119.291536
        ]
      },
      {
        "date": "2026-07-31",
        "close": 134.600006,
        "volume": 503927,
        "typical_volume": 532913.65,
        "trend": 115.256953,
        "fair_value": 86.050928,
        "relative_strength": 13.729873,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.946144,
        "energy": 80.956302,
        "activity_lines": [
          134.840003,
          130.760002,
          124.782379,
          120.62075
        ]
      },
      {
        "date": "2026-08-07",
        "close": 135.399994,
        "volume": 547618,
        "typical_volume": 518398.2,
        "trend": 116.409154,
        "fair_value": 86.557498,
        "relative_strength": 11.936849,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.768996,
        "energy": 78.892297,
        "activity_lines": [
          135.546667,
          132.283637,
          126.305858,
          121.920301
        ]
      }
    ],
    "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."
    }
  }
}