{
  "ticker": {
    "uuid": "602dd754-a41f-4e3f-9d1a-3d00f76cd2be",
    "symbol": "HUG",
    "name": "Global X Gold ETF",
    "exchange": "TOR",
    "country": "CA",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^GSPTSE",
    "stage": 4,
    "stage_name": "Declining",
    "phase": "4a",
    "phase_label": "Stage 4A \u00b7 Breakdown",
    "transition": "stage_4_declining",
    "transition_label": "Stage 4 decline intact",
    "confidence": 91.614,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -53.83,
    "architecture_energy": 53.836,
    "architecture_maturity": 65.789,
    "architecture_confidence": 70.964,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 18.05,
        "rotation_up": 26.98,
        "upward_expansion": 21.44,
        "deceleration": 66.69,
        "rotation_down": 50.02,
        "downward_expansion": 73.77
      },
      "activity_lines": [
        30.316,
        30.243273,
        31.295,
        32.366946
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": -0.666667
    },
    "latest_close": 31.690001,
    "trend_reference": 33.734333,
    "distance_from_trend": -0.060601,
    "trend_direction": "Weakening",
    "fair_value": 23.879231,
    "distance_from_fair_value": 0.327095,
    "fair_value_direction": "Weakening",
    "relative_strength": -12.17232,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.13557,
    "excess_performance": -0.255991,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.060601,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": false,
        "value": -0.01424,
        "read": "Falling"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.327095,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.21068,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.121723,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.13416,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.13557,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.476154,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 8600,
      "relative_activity": 0.239321,
      "balance": 0.476154,
      "dry_up": 0.306804,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.033425,
      "annualized_volatility": 0.241096,
      "from_high_reference": -0.228954,
      "from_low_reference": 0.26507
    },
    "levels": {
      "trend_reference": 33.734333,
      "fair_value_reference": 23.879231,
      "structural_low": 28.969999,
      "invalidation": "Reclaiming a flat-to-rising Trend with improving relative strength is required before the declining diagnosis is repaired."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 10,
        "median_return": -0.001347,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.004045,
        "regime_survival": 0.7,
        "best_return": 0.075388,
        "worst_return": -0.043836,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.033762,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": 0.025758,
        "regime_survival": 0.25,
        "best_return": 0.164918,
        "worst_return": -0.038905,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.113281,
        "positive_rate": 1.0,
        "directional_follow_through": 0.0,
        "median_excess_return": 0.053787,
        "regime_survival": 0.0,
        "best_return": 0.119597,
        "worst_return": 0.109589,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 3,
        "median_return": 0.152174,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.089454,
        "regime_survival": 0.666667,
        "best_return": 0.34678,
        "worst_return": -0.086301,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-10-27",
        "end": "2023-11-03",
        "tenure": "New",
        "return": 0.003161,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2023-11-10",
        "end": "2023-12-08",
        "tenure": "Developing",
        "return": 0.032446,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-15",
        "end": "2024-01-26",
        "tenure": "Developing",
        "return": -0.002492,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-02-02",
        "end": "2024-03-01",
        "tenure": "Developing",
        "return": 0.022305,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-03-08",
        "end": "2024-06-07",
        "tenure": "Established",
        "return": 0.037464,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-14",
        "end": "2024-07-12",
        "tenure": "Developing",
        "return": 0.033279,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2024-11-22",
        "tenure": "Established",
        "return": 0.118428,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-29",
        "end": "2025-01-17",
        "tenure": "Developing",
        "return": 0.029554,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-24",
        "end": "2025-07-11",
        "tenure": "Established",
        "return": 0.187442,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-07-18",
        "end": "2025-08-01",
        "tenure": "New",
        "return": -0.000393,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-08-08",
        "end": "2026-03-20",
        "tenure": "Extended",
        "return": 0.2922,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-27",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": -0.007203,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-05-29",
        "end": "2026-06-19",
        "tenure": "New",
        "return": -0.086279,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-06-26",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.059866,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 15.1,
        "volume": 4500,
        "typical_volume": 6170.0,
        "trend": 15.573333,
        "fair_value": 15.087051,
        "relative_strength": 1.426007,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -53.296746,
        "energy": 60.796439,
        "activity_lines": [
          15.357333,
          15.443636,
          15.572333,
          15.61572
        ]
      },
      {
        "date": "2023-08-25",
        "close": 15.3,
        "volume": 5800,
        "typical_volume": 4555.0,
        "trend": 15.563667,
        "fair_value": 15.07891,
        "relative_strength": 2.53542,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.619771,
        "energy": 62.41957,
        "activity_lines": [
          15.303333,
          15.410364,
          15.533381,
          15.598086
        ]
      },
      {
        "date": "2023-09-01",
        "close": 15.57,
        "volume": 1800,
        "typical_volume": 4220.0,
        "trend": 15.581,
        "fair_value": 15.074103,
        "relative_strength": 0.646979,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.657577,
        "energy": 54.80149,
        "activity_lines": [
          15.365333,
          15.433636,
          15.52419,
          15.598495
        ]
      },
      {
        "date": "2023-09-08",
        "close": 15.33,
        "volume": 1800,
        "typical_volume": 3885.0,
        "trend": 15.590667,
        "fair_value": 15.067372,
        "relative_strength": 1.270026,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -61.586282,
        "energy": 58.480352,
        "activity_lines": [
          15.355333,
          15.410364,
          15.494524,
          15.582301
        ]
      },
      {
        "date": "2023-09-15",
        "close": 15.36,
        "volume": 3900,
        "typical_volume": 3840.0,
        "trend": 15.607333,
        "fair_value": 15.060385,
        "relative_strength": -1.335077,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -55.290749,
        "energy": 32.626137,
        "activity_lines": [
          15.368667,
          15.392,
          15.470333,
          15.567419
        ]
      },
      {
        "date": "2023-09-22",
        "close": 15.37,
        "volume": 3700,
        "typical_volume": 3300.0,
        "trend": 15.632333,
        "fair_value": 15.05891,
        "relative_strength": 2.79161,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -44.070854,
        "energy": 24.929307,
        "activity_lines": [
          15.381333,
          15.376909,
          15.450095,
          15.552108
        ]
      },
      {
        "date": "2023-09-29",
        "close": 14.89,
        "volume": 2900,
        "typical_volume": 3280.0,
        "trend": 15.632667,
        "fair_value": 15.051795,
        "relative_strength": 0.722282,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.469757,
        "energy": 57.89779,
        "activity_lines": [
          15.216,
          15.279818,
          15.387857,
          15.504215
        ]
      },
      {
        "date": "2023-10-06",
        "close": 14.6,
        "volume": 2000,
        "typical_volume": 3210.0,
        "trend": 15.619333,
        "fair_value": 15.041538,
        "relative_strength": 0.237424,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -89.520151,
        "energy": 84.897288,
        "activity_lines": [
          14.981333,
          15.144545,
          15.304095,
          15.437591
        ]
      },
      {
        "date": "2023-10-13",
        "close": 15.37,
        "volume": 1400,
        "typical_volume": 3015.0,
        "trend": 15.598,
        "fair_value": 15.037564,
        "relative_strength": 4.184869,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.727012,
        "energy": 61.270109,
        "activity_lines": [
          15.068,
          15.169091,
          15.299714,
          15.421505
        ]
      },
      {
        "date": "2023-10-20",
        "close": 15.75,
        "volume": 2900,
        "typical_volume": 2970.0,
        "trend": 15.586667,
        "fair_value": 15.036282,
        "relative_strength": 8.360701,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -21.652668,
        "energy": 22.331796,
        "activity_lines": [
          15.278667,
          15.265636,
          15.332714,
          15.431312
        ]
      },
      {
        "date": "2023-10-27",
        "close": 15.82,
        "volume": 5400,
        "typical_volume": 3180.0,
        "trend": 15.584667,
        "fair_value": 15.036603,
        "relative_strength": 10.592508,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.433752,
        "energy": 11.164226,
        "activity_lines": [
          15.486667,
          15.366727,
          15.372238,
          15.446366
        ]
      },
      {
        "date": "2023-11-03",
        "close": 15.87,
        "volume": 6600,
        "typical_volume": 3460.0,
        "trend": 15.575333,
        "fair_value": 15.033269,
        "relative_strength": 4.580019,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 31.95597,
        "energy": 39.172495,
        "activity_lines": [
          15.681333,
          15.463818,
          15.416095,
          15.464774
        ]
      },
      {
        "date": "2023-11-10",
        "close": 15.41,
        "volume": 5800,
        "typical_volume": 3515.0,
        "trend": 15.553333,
        "fair_value": 15.030513,
        "relative_strength": 2.247961,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 16.452401,
        "energy": 31.016195,
        "activity_lines": [
          15.657333,
          15.466909,
          15.415381,
          15.454108
        ]
      },
      {
        "date": "2023-11-17",
        "close": 15.78,
        "volume": 2300,
        "typical_volume": 3560.0,
        "trend": 15.55,
        "fair_value": 15.030897,
        "relative_strength": 1.813958,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 24.970276,
        "energy": 40.590674,
        "activity_lines": [
          15.702667,
          15.540182,
          15.449905,
          15.468731
        ]
      },
      {
        "date": "2023-11-24",
        "close": 16.059999,
        "volume": 6300,
        "typical_volume": 3745.0,
        "trend": 15.552333,
        "fair_value": 15.038846,
        "relative_strength": 3.732294,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 46.99308,
        "energy": 55.925914,
        "activity_lines": [
          15.814,
          15.656182,
          15.508809,
          15.501634
        ]
      },
      {
        "date": "2023-12-01",
        "close": 16.48,
        "volume": 12000,
        "typical_volume": 4150.0,
        "trend": 15.563333,
        "fair_value": 15.045897,
        "relative_strength": 4.375688,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 57.126852,
        "energy": 64.492851,
        "activity_lines": [
          16.044666,
          15.835818,
          15.604762,
          15.561484
        ]
      },
      {
        "date": "2023-12-08",
        "close": 15.91,
        "volume": 6000,
        "typical_volume": 4150.0,
        "trend": 15.554667,
        "fair_value": 15.049167,
        "relative_strength": 1.233373,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 60.291618,
        "energy": 64.449811,
        "activity_lines": [
          16.041333,
          15.891636,
          15.642524,
          15.583849
        ]
      },
      {
        "date": "2023-12-15",
        "close": 16.049999,
        "volume": 7200,
        "typical_volume": 4470.0,
        "trend": 15.560667,
        "fair_value": 15.051026,
        "relative_strength": 1.044891,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.639617,
        "energy": 62.199192,
        "activity_lines": [
          16.082,
          15.954363,
          15.692571,
          15.615806
        ]
      },
      {
        "date": "2023-12-22",
        "close": 16.33,
        "volume": 3900,
        "typical_volume": 4565.0,
        "trend": 15.584333,
        "fair_value": 15.054872,
        "relative_strength": 0.982609,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.244943,
        "energy": 64.55478,
        "activity_lines": [
          16.173333,
          16.041636,
          15.767571,
          15.665441
        ]
      },
      {
        "date": "2023-12-29",
        "close": 16.41,
        "volume": 2700,
        "typical_volume": 4445.0,
        "trend": 15.607333,
        "fair_value": 15.058526,
        "relative_strength": 1.044243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.147531,
        "energy": 53.389519,
        "activity_lines": [
          16.254666,
          16.126,
          15.846381,
          15.71871
        ]
      },
      {
        "date": "2024-01-05",
        "close": 16.23,
        "volume": 3600,
        "typical_volume": 4400.0,
        "trend": 15.624,
        "fair_value": 15.063654,
        "relative_strength": 0.000182,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 59.53338,
        "energy": 52.777909,
        "activity_lines": [
          16.252667,
          16.165636,
          15.902762,
          15.758882
        ]
      },
      {
        "date": "2024-01-12",
        "close": 16.24,
        "volume": 38300,
        "typical_volume": 6025.0,
        "trend": 15.641667,
        "fair_value": 15.07,
        "relative_strength": -0.214786,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 58.755099,
        "energy": 58.397938,
        "activity_lines": [
          16.270667,
          16.199636,
          15.954714,
          15.798624
        ]
      },
      {
        "date": "2024-01-19",
        "close": 16.049999,
        "volume": 6400,
        "typical_volume": 6255.0,
        "trend": 15.663,
        "fair_value": 15.073526,
        "relative_strength": -1.005423,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 55.411287,
        "energy": 40.589247,
        "activity_lines": [
          16.203333,
          16.192363,
          15.984095,
          15.824968
        ]
      },
      {
        "date": "2024-01-26",
        "close": 16.01,
        "volume": 1000,
        "typical_volume": 6215.0,
        "trend": 15.686667,
        "fair_value": 15.077372,
        "relative_strength": -2.287604,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.249422,
        "energy": 27.061385,
        "activity_lines": [
          16.122666,
          16.166182,
          16.007381,
          15.847355
        ]
      },
      {
        "date": "2024-02-02",
        "close": 16.139999,
        "volume": 7000,
        "typical_volume": 6370.0,
        "trend": 15.71,
        "fair_value": 15.084038,
        "relative_strength": -1.405285,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.334106,
        "energy": 22.370484,
        "activity_lines": [
          16.106666,
          16.159454,
          16.039809,
          15.876602
        ]
      },
      {
        "date": "2024-02-09",
        "close": 16.01,
        "volume": 36900,
        "typical_volume": 8030.0,
        "trend": 15.721667,
        "fair_value": 15.089167,
        "relative_strength": -1.926577,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.3466,
        "energy": 19.409662,
        "activity_lines": [
          16.065333,
          16.127636,
          16.056143,
          15.895957
        ]
      },
      {
        "date": "2024-02-16",
        "close": 15.9,
        "volume": 5700,
        "typical_volume": 8170.0,
        "trend": 15.728667,
        "fair_value": 15.095962,
        "relative_strength": -3.784088,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.724905,
        "energy": 17.899458,
        "activity_lines": [
          16.002,
          16.084363,
          16.058952,
          15.907462
        ]
      },
      {
        "date": "2024-02-23",
        "close": 16.120001,
        "volume": 3300,
        "typical_volume": 8235.0,
        "trend": 15.743,
        "fair_value": 15.107051,
        "relative_strength": -3.241892,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.86715,
        "energy": 16.162167,
        "activity_lines": [
          16.034667,
          16.081273,
          16.077905,
          15.93271
        ]
      },
      {
        "date": "2024-03-01",
        "close": 16.5,
        "volume": 9800,
        "typical_volume": 8655.0,
        "trend": 15.775333,
        "fair_value": 15.122244,
        "relative_strength": -1.704167,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.054197,
        "energy": 35.852402,
        "activity_lines": [
          16.189334,
          16.146,
          16.125809,
          15.981548
        ]
      },
      {
        "date": "2024-03-08",
        "close": 17.35,
        "volume": 3100,
        "typical_volume": 8665.0,
        "trend": 15.843667,
        "fair_value": 15.141603,
        "relative_strength": 2.379267,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.657983,
        "energy": 83.783945,
        "activity_lines": [
          16.594667,
          16.362182,
          16.249286,
          16.08314
        ]
      },
      {
        "date": "2024-03-15",
        "close": 17.1,
        "volume": 13800,
        "typical_volume": 9085.0,
        "trend": 15.910333,
        "fair_value": 15.158718,
        "relative_strength": 0.495163,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.581326,
        "energy": 91.753838,
        "activity_lines": [
          16.836,
          16.515818,
          16.341333,
          16.164193
        ]
      },
      {
        "date": "2024-03-22",
        "close": 17.110001,
        "volume": 9800,
        "typical_volume": 9245.0,
        "trend": 15.970667,
        "fair_value": 15.17609,
        "relative_strength": 0.052475,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.362925,
        "energy": 90.356687,
        "activity_lines": [
          17.008,
          16.655455,
          16.428238,
          16.241591
        ]
      },
      {
        "date": "2024-03-29",
        "close": 17.549999,
        "volume": 2100,
        "typical_volume": 9060.0,
        "trend": 16.036667,
        "fair_value": 15.196538,
        "relative_strength": 1.774458,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.40413,
        "energy": 95.470529,
        "activity_lines": [
          17.246,
          16.859273,
          16.551143,
          16.343484
        ]
      },
      {
        "date": "2024-04-05",
        "close": 18.35,
        "volume": 17200,
        "typical_volume": 9805.0,
        "trend": 16.137333,
        "fair_value": 15.221282,
        "relative_strength": 5.883965,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 96.696746,
        "energy": 98.212507,
        "activity_lines": [
          17.655333,
          17.181273,
          16.740048,
          16.492731
        ]
      },
      {
        "date": "2024-04-12",
        "close": 18.51,
        "volume": 17200,
        "typical_volume": 10350.0,
        "trend": 16.242333,
        "fair_value": 15.246218,
        "relative_strength": 8.412052,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.707135,
        "energy": 96.643009,
        "activity_lines": [
          17.994667,
          17.489818,
          16.931952,
          16.645806
        ]
      },
      {
        "date": "2024-04-19",
        "close": 18.879999,
        "volume": 13600,
        "typical_volume": 10430.0,
        "trend": 16.359333,
        "fair_value": 15.272372,
        "relative_strength": 10.779888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 92.450578,
        "energy": 97.039444,
        "activity_lines": [
          18.38,
          17.822545,
          17.147428,
          16.815978
        ]
      },
      {
        "date": "2024-04-26",
        "close": 18.469999,
        "volume": 8300,
        "typical_volume": 10545.0,
        "trend": 16.478666,
        "fair_value": 15.296346,
        "relative_strength": 7.401911,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.489086,
        "energy": 87.237197,
        "activity_lines": [
          18.509999,
          18.028545,
          17.312428,
          16.95215
        ]
      },
      {
        "date": "2024-05-03",
        "close": 18.110001,
        "volume": 9100,
        "typical_volume": 10640.0,
        "trend": 16.595667,
        "fair_value": 15.315,
        "relative_strength": 5.31234,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.79267,
        "energy": 67.421196,
        "activity_lines": [
          18.429333,
          18.122363,
          17.430952,
          17.057398
        ]
      },
      {
        "date": "2024-05-10",
        "close": 18.639999,
        "volume": 6100,
        "typical_volume": 10750.0,
        "trend": 16.704666,
        "fair_value": 15.3375,
        "relative_strength": 6.523768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 73.484833,
        "energy": 68.499249,
        "activity_lines": [
          18.488,
          18.276363,
          17.590143,
          17.18929
        ]
      },
      {
        "date": "2024-05-17",
        "close": 19.02,
        "volume": 5000,
        "typical_volume": 10865.0,
        "trend": 16.813667,
        "fair_value": 15.359615,
        "relative_strength": 7.761641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.94978,
        "energy": 69.370384,
        "activity_lines": [
          18.654,
          18.460545,
          17.774524,
          17.338666
        ]
      },
      {
        "date": "2024-05-24",
        "close": 18.379999,
        "volume": 6500,
        "typical_volume": 11010.0,
        "trend": 16.899,
        "fair_value": 15.376154,
        "relative_strength": 4.70896,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.029978,
        "energy": 57.592385,
        "activity_lines": [
          18.572666,
          18.498,
          17.885524,
          17.43972
        ]
      },
      {
        "date": "2024-05-31",
        "close": 18.34,
        "volume": 3100,
        "typical_volume": 9250.0,
        "trend": 16.981333,
        "fair_value": 15.393397,
        "relative_strength": 4.625552,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.170918,
        "energy": 54.288221,
        "activity_lines": [
          18.511333,
          18.504909,
          17.982476,
          17.532688
        ]
      },
      {
        "date": "2024-06-07",
        "close": 18.0,
        "volume": 13600,
        "typical_volume": 9610.0,
        "trend": 17.067666,
        "fair_value": 15.40859,
        "relative_strength": 3.840011,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 47.598062,
        "energy": 42.111847,
        "activity_lines": [
          18.345333,
          18.427636,
          18.037047,
          17.598408
        ]
      },
      {
        "date": "2024-06-14",
        "close": 18.33,
        "volume": 9800,
        "typical_volume": 10050.0,
        "trend": 17.152666,
        "fair_value": 15.432179,
        "relative_strength": 7.38266,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.590128,
        "energy": 30.448142,
        "activity_lines": [
          18.296667,
          18.402182,
          18.113762,
          17.679849
        ]
      },
      {
        "date": "2024-06-21",
        "close": 18.299999,
        "volume": 3400,
        "typical_volume": 9870.0,
        "trend": 17.227333,
        "fair_value": 15.455064,
        "relative_strength": 7.480499,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.096087,
        "energy": 26.194248,
        "activity_lines": [
          18.258666,
          18.371636,
          18.176571,
          17.753871
        ]
      },
      {
        "date": "2024-06-28",
        "close": 18.290001,
        "volume": 9600,
        "typical_volume": 8505.0,
        "trend": 17.287667,
        "fair_value": 15.477436,
        "relative_strength": 5.647994,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.264762,
        "energy": 23.330878,
        "activity_lines": [
          18.265333,
          18.343091,
          18.228143,
          17.82243
        ]
      },
      {
        "date": "2024-07-05",
        "close": 18.77,
        "volume": 5800,
        "typical_volume": 8510.0,
        "trend": 17.383,
        "fair_value": 15.501795,
        "relative_strength": 7.331544,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 66.062102,
        "energy": 42.03981,
        "activity_lines": [
          18.438,
          18.412545,
          18.314571,
          17.918064
        ]
      },
      {
        "date": "2024-07-12",
        "close": 18.940001,
        "volume": 7200,
        "typical_volume": 8705.0,
        "trend": 17.479333,
        "fair_value": 15.527051,
        "relative_strength": 5.208976,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 70.216972,
        "energy": 50.651834,
        "activity_lines": [
          18.638667,
          18.507455,
          18.403524,
          18.018516
        ]
      },
      {
        "date": "2024-07-19",
        "close": 18.83,
        "volume": 10200,
        "typical_volume": 8725.0,
        "trend": 17.562667,
        "fair_value": 15.552179,
        "relative_strength": 4.352532,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.795754,
        "energy": 55.269447,
        "activity_lines": [
          18.74,
          18.567273,
          18.468571,
          18.105656
        ]
      },
      {
        "date": "2024-07-26",
        "close": 18.700001,
        "volume": 8300,
        "typical_volume": 8985.0,
        "trend": 17.639,
        "fair_value": 15.574808,
        "relative_strength": 2.930134,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.25029,
        "energy": 55.913391,
        "activity_lines": [
          18.764667,
          18.6,
          18.510143,
          18.179032
        ]
      },
      {
        "date": "2024-08-02",
        "close": 19.059999,
        "volume": 17000,
        "typical_volume": 9145.0,
        "trend": 17.733333,
        "fair_value": 15.603782,
        "relative_strength": 7.449521,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.816192,
        "energy": 57.544925,
        "activity_lines": [
          18.882667,
          18.704,
          18.579571,
          18.27071
        ]
      },
      {
        "date": "2024-08-09",
        "close": 19.02,
        "volume": 17300,
        "typical_volume": 9520.0,
        "trend": 17.826,
        "fair_value": 15.631603,
        "relative_strength": 6.557907,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.44984,
        "energy": 48.078769,
        "activity_lines": [
          18.936,
          18.788364,
          18.635857,
          18.35372
        ]
      },
      {
        "date": "2024-08-16",
        "close": 19.620001,
        "volume": 5600,
        "typical_volume": 9695.0,
        "trend": 17.945,
        "fair_value": 15.662949,
        "relative_strength": 6.148113,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.407291,
        "energy": 63.775126,
        "activity_lines": [
          19.172667,
          18.969455,
          18.740191,
          18.469462
        ]
      },
      {
        "date": "2024-08-23",
        "close": 19.66,
        "volume": 17200,
        "typical_volume": 9695.0,
        "trend": 18.066667,
        "fair_value": 15.692821,
        "relative_strength": 5.123146,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.107113,
        "energy": 80.095717,
        "activity_lines": [
          19.377334,
          19.128364,
          18.838476,
          18.580108
        ]
      },
      {
        "date": "2024-08-30",
        "close": 19.57,
        "volume": 4500,
        "typical_volume": 9060.0,
        "trend": 18.181,
        "fair_value": 15.72141,
        "relative_strength": 4.171942,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.695529,
        "energy": 78.587635,
        "activity_lines": [
          19.496667,
          19.246727,
          18.921952,
          18.677097
        ]
      },
      {
        "date": "2024-09-06",
        "close": 19.49,
        "volume": 9000,
        "typical_volume": 8830.0,
        "trend": 18.297,
        "fair_value": 15.751731,
        "relative_strength": 6.085253,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.163804,
        "energy": 78.168289,
        "activity_lines": [
          19.531333,
          19.327455,
          18.992762,
          18.761548
        ]
      },
      {
        "date": "2024-09-13",
        "close": 20.139999,
        "volume": 3100,
        "typical_volume": 8570.0,
        "trend": 18.438333,
        "fair_value": 15.788077,
        "relative_strength": 5.684876,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.300044,
        "energy": 84.690279,
        "activity_lines": [
          19.754,
          19.504545,
          19.122571,
          18.880452
        ]
      },
      {
        "date": "2024-09-20",
        "close": 20.469999,
        "volume": 63400,
        "typical_volume": 11285.0,
        "trend": 18.583333,
        "fair_value": 15.827051,
        "relative_strength": 5.869263,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.250359,
        "energy": 84.692488,
        "activity_lines": [
          20.011999,
          19.716727,
          19.275857,
          19.011527
        ]
      },
      {
        "date": "2024-09-27",
        "close": 20.67,
        "volume": 9600,
        "typical_volume": 11460.0,
        "trend": 18.722333,
        "fair_value": 15.866603,
        "relative_strength": 6.250408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.483014,
        "energy": 89.061424,
        "activity_lines": [
          20.28,
          19.937454,
          19.436952,
          19.14615
        ]
      },
      {
        "date": "2024-10-04",
        "close": 20.700001,
        "volume": 16800,
        "typical_volume": 12050.0,
        "trend": 18.834,
        "fair_value": 15.906474,
        "relative_strength": 5.252964,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.325077,
        "energy": 90.091622,
        "activity_lines": [
          20.490667,
          20.130182,
          19.591238,
          19.273742
        ]
      },
      {
        "date": "2024-10-11",
        "close": 20.700001,
        "volume": 14100,
        "typical_volume": 12430.0,
        "trend": 18.954,
        "fair_value": 15.945577,
        "relative_strength": 3.788735,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.834844,
        "energy": 87.478794,
        "activity_lines": [
          20.626,
          20.286546,
          19.737524,
          19.394129
        ]
      },
      {
        "date": "2024-10-18",
        "close": 21.209999,
        "volume": 7800,
        "typical_volume": 12665.0,
        "trend": 19.090667,
        "fair_value": 15.987051,
        "relative_strength": 4.765302,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.428182,
        "energy": 92.905032,
        "activity_lines": [
          20.850667,
          20.505818,
          19.921333,
          19.539677
        ]
      },
      {
        "date": "2024-10-25",
        "close": 21.309999,
        "volume": 8200,
        "typical_volume": 12395.0,
        "trend": 19.216,
        "fair_value": 16.029423,
        "relative_strength": 6.735635,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.758092,
        "energy": 92.278427,
        "activity_lines": [
          21.037333,
          20.703454,
          20.101,
          19.68286
        ]
      },
      {
        "date": "2024-11-01",
        "close": 21.360001,
        "volume": 5700,
        "typical_volume": 12190.0,
        "trend": 19.316333,
        "fair_value": 16.07032,
        "relative_strength": 7.70239,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.600498,
        "energy": 90.474289,
        "activity_lines": [
          21.184667,
          20.879455,
          20.269667,
          19.821183
        ]
      },
      {
        "date": "2024-11-08",
        "close": 20.959999,
        "volume": 10500,
        "typical_volume": 12545.0,
        "trend": 19.398,
        "fair_value": 16.106603,
        "relative_strength": 3.381326,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.689553,
        "energy": 71.810324,
        "activity_lines": [
          21.152666,
          20.951818,
          20.385809,
          19.927226
        ]
      },
      {
        "date": "2024-11-15",
        "close": 19.92,
        "volume": 8100,
        "typical_volume": 12470.0,
        "trend": 19.432667,
        "fair_value": 16.136667,
        "relative_strength": -2.308253,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.302432,
        "energy": 48.61099,
        "activity_lines": [
          20.756666,
          20.809818,
          20.390238,
          19.960903
        ]
      },
      {
        "date": "2024-11-22",
        "close": 21.059999,
        "volume": 25300,
        "typical_volume": 13445.0,
        "trend": 19.519,
        "fair_value": 16.1775,
        "relative_strength": 0.967095,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.281114,
        "energy": 42.445293,
        "activity_lines": [
          20.792666,
          20.867272,
          20.495476,
          20.065892
        ]
      },
      {
        "date": "2024-11-29",
        "close": 20.639999,
        "volume": 8200,
        "typical_volume": 13495.0,
        "trend": 19.603333,
        "fair_value": 16.216667,
        "relative_strength": -1.830061,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.495854,
        "energy": 25.802741,
        "activity_lines": [
          20.698666,
          20.831636,
          20.549809,
          20.138215
        ]
      },
      {
        "date": "2024-12-06",
        "close": 20.48,
        "volume": 12600,
        "typical_volume": 13615.0,
        "trend": 19.664667,
        "fair_value": 16.25391,
        "relative_strength": -2.790454,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.744537,
        "energy": 24.901331,
        "activity_lines": [
          20.595999,
          20.763818,
          20.580809,
          20.194774
        ]
      },
      {
        "date": "2024-12-13",
        "close": 20.57,
        "volume": 7900,
        "typical_volume": 13595.0,
        "trend": 19.716333,
        "fair_value": 16.291026,
        "relative_strength": -0.824984,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.930341,
        "energy": 22.645984,
        "activity_lines": [
          20.582,
          20.715818,
          20.612524,
          20.253183
        ]
      },
      {
        "date": "2024-12-20",
        "close": 20.440001,
        "volume": 11500,
        "typical_volume": 13320.0,
        "trend": 19.785,
        "fair_value": 16.326474,
        "relative_strength": 1.135753,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.651897,
        "energy": 17.58836,
        "activity_lines": [
          20.550667,
          20.646545,
          20.622952,
          20.299871
        ]
      },
      {
        "date": "2024-12-27",
        "close": 20.33,
        "volume": 5500,
        "typical_volume": 12730.0,
        "trend": 19.851333,
        "fair_value": 16.360641,
        "relative_strength": -0.293402,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.035509,
        "energy": 14.145332,
        "activity_lines": [
          20.448,
          20.562,
          20.616333,
          20.335032
        ]
      },
      {
        "date": "2025-01-03",
        "close": 20.49,
        "volume": 3100,
        "typical_volume": 12605.0,
        "trend": 19.934333,
        "fair_value": 16.397564,
        "relative_strength": -0.716882,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.133215,
        "energy": 11.511712,
        "activity_lines": [
          20.447334,
          20.522545,
          20.618714,
          20.376236
        ]
      },
      {
        "date": "2025-01-10",
        "close": 21.01,
        "volume": 9400,
        "typical_volume": 12215.0,
        "trend": 20.023667,
        "fair_value": 16.436538,
        "relative_strength": 2.880396,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.222815,
        "energy": 20.746796,
        "activity_lines": [
          20.63,
          20.592545,
          20.666476,
          20.445634
        ]
      },
      {
        "date": "2025-01-17",
        "close": 21.25,
        "volume": 5800,
        "typical_volume": 12280.0,
        "trend": 20.122,
        "fair_value": 16.476474,
        "relative_strength": 2.618036,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 52.192536,
        "energy": 32.114521,
        "activity_lines": [
          20.857333,
          20.712545,
          20.730667,
          20.524753
        ]
      },
      {
        "date": "2025-01-24",
        "close": 21.5,
        "volume": 6600,
        "typical_volume": 12160.0,
        "trend": 20.229,
        "fair_value": 16.520256,
        "relative_strength": 1.987269,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.267098,
        "energy": 50.852933,
        "activity_lines": [
          21.122667,
          20.872727,
          20.810667,
          20.613656
        ]
      },
      {
        "date": "2025-01-31",
        "close": 21.690001,
        "volume": 12400,
        "typical_volume": 12625.0,
        "trend": 20.326333,
        "fair_value": 16.564231,
        "relative_strength": 2.428309,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.86316,
        "energy": 64.444082,
        "activity_lines": [
          21.380667,
          21.038728,
          20.899191,
          20.707914
        ]
      },
      {
        "date": "2025-02-07",
        "close": 22.129999,
        "volume": 45900,
        "typical_volume": 11750.0,
        "trend": 20.432667,
        "fair_value": 16.608077,
        "relative_strength": 4.615236,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.506715,
        "energy": 76.037584,
        "activity_lines": [
          21.694667,
          21.273273,
          21.022238,
          20.824279
        ]
      },
      {
        "date": "2025-02-14",
        "close": 22.200001,
        "volume": 11100,
        "typical_volume": 11825.0,
        "trend": 20.545,
        "fair_value": 16.650641,
        "relative_strength": 4.482643,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.573428,
        "energy": 79.25613,
        "activity_lines": [
          21.922667,
          21.493455,
          21.144048,
          20.938301
        ]
      },
      {
        "date": "2025-02-21",
        "close": 22.639999,
        "volume": 5900,
        "typical_volume": 11280.0,
        "trend": 20.676333,
        "fair_value": 16.696346,
        "relative_strength": 7.611918,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.862461,
        "energy": 85.664314,
        "activity_lines": [
          22.218,
          21.762364,
          21.300476,
          21.073462
        ]
      },
      {
        "date": "2025-02-28",
        "close": 21.99,
        "volume": 14500,
        "typical_volume": 11300.0,
        "trend": 20.774,
        "fair_value": 16.73359,
        "relative_strength": 3.269426,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.211302,
        "energy": 74.881015,
        "activity_lines": [
          22.204,
          21.875455,
          21.385762,
          21.158215
        ]
      },
      {
        "date": "2025-03-07",
        "close": 22.43,
        "volume": 9700,
        "typical_volume": 11395.0,
        "trend": 20.887667,
        "fair_value": 16.772692,
        "relative_strength": 7.769687,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.758409,
        "energy": 66.954716,
        "activity_lines": [
          22.304,
          22.040364,
          21.506809,
          21.265054
        ]
      },
      {
        "date": "2025-03-14",
        "close": 23.0,
        "volume": 19200,
        "typical_volume": 11945.0,
        "trend": 21.000333,
        "fair_value": 16.819167,
        "relative_strength": 11.04138,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.217716,
        "energy": 68.207973,
        "activity_lines": [
          22.544667,
          22.270727,
          21.676333,
          21.401333
        ]
      },
      {
        "date": "2025-03-21",
        "close": 23.27,
        "volume": 40700,
        "typical_volume": 13695.0,
        "trend": 21.120667,
        "fair_value": 16.865577,
        "relative_strength": 10.091483,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.44895,
        "energy": 64.958481,
        "activity_lines": [
          22.817333,
          22.504545,
          21.863524,
          21.547763
        ]
      },
      {
        "date": "2025-03-28",
        "close": 23.719999,
        "volume": 75100,
        "typical_volume": 16925.0,
        "trend": 21.259,
        "fair_value": 16.916667,
        "relative_strength": 12.743153,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.6523,
        "energy": 82.305897,
        "activity_lines": [
          23.168666,
          22.779091,
          22.084476,
          21.715462
        ]
      },
      {
        "date": "2025-04-04",
        "close": 23.280001,
        "volume": 30000,
        "typical_volume": 18020.0,
        "trend": 21.385333,
        "fair_value": 16.96391,
        "relative_strength": 17.64344,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.762147,
        "energy": 74.103536,
        "activity_lines": [
          23.301333,
          22.928727,
          22.250381,
          21.845849
        ]
      },
      {
        "date": "2025-04-11",
        "close": 24.809999,
        "volume": 60800,
        "typical_volume": 19795.0,
        "trend": 21.541,
        "fair_value": 17.019103,
        "relative_strength": 22.707902,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.692555,
        "energy": 84.964424,
        "activity_lines": [
          23.858,
          23.324182,
          22.546,
          22.066796
        ]
      },
      {
        "date": "2025-04-18",
        "close": 25.41,
        "volume": 18400,
        "typical_volume": 20305.0,
        "trend": 21.705667,
        "fair_value": 17.080513,
        "relative_strength": 22.027381,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.912053,
        "energy": 90.068202,
        "activity_lines": [
          24.456,
          23.772,
          22.880905,
          22.316409
        ]
      },
      {
        "date": "2025-04-25",
        "close": 25.280001,
        "volume": 44300,
        "typical_volume": 21890.0,
        "trend": 21.859333,
        "fair_value": 17.142692,
        "relative_strength": 18.377393,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.056111,
        "energy": 88.885108,
        "activity_lines": [
          24.85,
          24.136545,
          23.180714,
          22.547011
        ]
      },
      {
        "date": "2025-05-02",
        "close": 24.709999,
        "volume": 31800,
        "typical_volume": 23085.0,
        "trend": 21.993,
        "fair_value": 17.202436,
        "relative_strength": 13.814164,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.247418,
        "energy": 83.099649,
        "activity_lines": [
          24.92,
          24.341454,
          23.403381,
          22.730925
        ]
      },
      {
        "date": "2025-05-09",
        "close": 25.41,
        "volume": 45900,
        "typical_volume": 24805.0,
        "trend": 22.15,
        "fair_value": 17.27032,
        "relative_strength": 15.107802,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.898842,
        "energy": 76.809339,
        "activity_lines": [
          25.157333,
          24.636,
          23.673,
          22.951376
        ]
      },
      {
        "date": "2025-05-16",
        "close": 24.34,
        "volume": 23600,
        "typical_volume": 25710.0,
        "trend": 22.254333,
        "fair_value": 17.329872,
        "relative_strength": 7.438296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.045216,
        "energy": 55.656494,
        "activity_lines": [
          24.896,
          24.673818,
          23.817048,
          23.092667
        ]
      },
      {
        "date": "2025-05-23",
        "close": 25.6,
        "volume": 18700,
        "typical_volume": 26490.0,
        "trend": 22.397333,
        "fair_value": 17.396987,
        "relative_strength": 12.98843,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.108859,
        "energy": 56.373633,
        "activity_lines": [
          25.086,
          24.906,
          24.062,
          23.308516
        ]
      },
      {
        "date": "2025-05-30",
        "close": 25.07,
        "volume": 12800,
        "typical_volume": 26660.0,
        "trend": 22.521,
        "fair_value": 17.460961,
        "relative_strength": 9.080154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.838359,
        "energy": 49.632165,
        "activity_lines": [
          25.086667,
          24.994545,
          24.232143,
          23.480946
        ]
      },
      {
        "date": "2025-06-06",
        "close": 25.23,
        "volume": 12900,
        "typical_volume": 27015.0,
        "trend": 22.663333,
        "fair_value": 17.524615,
        "relative_strength": 8.396746,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.867537,
        "energy": 45.86935,
        "activity_lines": [
          25.154667,
          25.079455,
          24.39819,
          23.65572
        ]
      },
      {
        "date": "2025-06-13",
        "close": 26.110001,
        "volume": 13900,
        "typical_volume": 27380.0,
        "trend": 22.869667,
        "fair_value": 17.595833,
        "relative_strength": 11.522664,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.185304,
        "energy": 56.453488,
        "activity_lines": [
          25.481334,
          25.296909,
          24.629095,
          23.878086
        ]
      },
      {
        "date": "2025-06-20",
        "close": 25.58,
        "volume": 23300,
        "typical_volume": 27925.0,
        "trend": 23.020333,
        "fair_value": 17.664423,
        "relative_strength": 9.010747,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.242357,
        "energy": 48.528877,
        "activity_lines": [
          25.584667,
          25.366546,
          24.787571,
          24.052946
        ]
      },
      {
        "date": "2025-06-27",
        "close": 24.860001,
        "volume": 26100,
        "typical_volume": 26935.0,
        "trend": 23.161,
        "fair_value": 17.729359,
        "relative_strength": 4.95252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.224394,
        "energy": 41.372017,
        "activity_lines": [
          25.365334,
          25.291273,
          24.858953,
          24.171634
        ]
      },
      {
        "date": "2025-07-04",
        "close": 25.360001,
        "volume": 4700,
        "typical_volume": 26615.0,
        "trend": 23.323667,
        "fair_value": 17.801026,
        "relative_strength": 5.446236,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.685025,
        "energy": 38.585071,
        "activity_lines": [
          25.362001,
          25.31691,
          24.964953,
          24.313506
        ]
      },
      {
        "date": "2025-07-11",
        "close": 25.530001,
        "volume": 76800,
        "typical_volume": 30160.0,
        "trend": 23.489,
        "fair_value": 17.875705,
        "relative_strength": 6.010642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 56.759456,
        "energy": 36.362633,
        "activity_lines": [
          25.396001,
          25.372001,
          25.072096,
          24.45585
        ]
      },
      {
        "date": "2025-07-18",
        "close": 25.42,
        "volume": 13900,
        "typical_volume": 30130.0,
        "trend": 23.655,
        "fair_value": 17.948654,
        "relative_strength": 4.203836,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.332991,
        "energy": 28.926675,
        "activity_lines": [
          25.373334,
          25.392182,
          25.155,
          24.58043
        ]
      },
      {
        "date": "2025-07-25",
        "close": 25.299999,
        "volume": 18600,
        "typical_volume": 30575.0,
        "trend": 23.820667,
        "fair_value": 18.019167,
        "relative_strength": 2.808852,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.398038,
        "energy": 29.72214,
        "activity_lines": [
          25.356667,
          25.390364,
          25.210143,
          24.686559
        ]
      },
      {
        "date": "2025-08-01",
        "close": 25.41,
        "volume": 13200,
        "typical_volume": 30275.0,
        "trend": 23.984667,
        "fair_value": 18.089423,
        "relative_strength": 4.880368,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 51.388365,
        "energy": 32.177764,
        "activity_lines": [
          25.395333,
          25.391091,
          25.262095,
          24.789097
        ]
      },
      {
        "date": "2025-08-08",
        "close": 25.77,
        "volume": 60100,
        "typical_volume": 31245.0,
        "trend": 24.143333,
        "fair_value": 18.161026,
        "relative_strength": 3.369035,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.026061,
        "energy": 37.114798,
        "activity_lines": [
          25.517333,
          25.460727,
          25.336857,
          24.90428
        ]
      },
      {
        "date": "2025-08-15",
        "close": 25.24,
        "volume": 14700,
        "typical_volume": 28225.0,
        "trend": 24.276333,
        "fair_value": 18.231026,
        "relative_strength": 0.595337,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.868092,
        "energy": 30.357284,
        "activity_lines": [
          25.435333,
          25.421273,
          25.349238,
          24.975032
        ]
      },
      {
        "date": "2025-08-22",
        "close": 25.469999,
        "volume": 10600,
        "typical_volume": 27255.0,
        "trend": 24.408667,
        "fair_value": 18.303013,
        "relative_strength": -0.136762,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.353358,
        "energy": 30.616005,
        "activity_lines": [
          25.449333,
          25.423454,
          25.376286,
          25.052043
        ]
      },
      {
        "date": "2025-08-29",
        "close": 26.219999,
        "volume": 12800,
        "typical_volume": 24855.0,
        "trend": 24.559667,
        "fair_value": 18.381987,
        "relative_strength": 1.797778,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.99229,
        "energy": 46.629325,
        "activity_lines": [
          25.709999,
          25.573636,
          25.464333,
          25.168903
        ]
      },
      {
        "date": "2025-09-05",
        "close": 27.209999,
        "volume": 18800,
        "typical_volume": 24875.0,
        "trend": 24.729,
        "fair_value": 18.466923,
        "relative_strength": 3.694325,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.168851,
        "energy": 74.283838,
        "activity_lines": [
          26.239333,
          25.892181,
          25.639952,
          25.339892
        ]
      },
      {
        "date": "2025-09-12",
        "close": 27.49,
        "volume": 29400,
        "typical_volume": 24130.0,
        "trend": 24.905333,
        "fair_value": 18.555961,
        "relative_strength": 3.741097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.064562,
        "energy": 89.431208,
        "activity_lines": [
          26.741999,
          26.218909,
          25.833667,
          25.518021
        ]
      },
      {
        "date": "2025-09-19",
        "close": 27.75,
        "volume": 16500,
        "typical_volume": 23365.0,
        "trend": 25.075667,
        "fair_value": 18.648205,
        "relative_strength": 2.854568,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.174267,
        "energy": 93.833559,
        "activity_lines": [
          27.216666,
          26.554181,
          26.041619,
          25.701548
        ]
      },
      {
        "date": "2025-09-26",
        "close": 28.370001,
        "volume": 10900,
        "typical_volume": 21615.0,
        "trend": 25.288333,
        "fair_value": 18.743461,
        "relative_strength": 4.9762,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.878728,
        "energy": 96.040995,
        "activity_lines": [
          27.730667,
          26.961818,
          26.294143,
          25.914086
        ]
      },
      {
        "date": "2025-10-03",
        "close": 29.25,
        "volume": 18300,
        "typical_volume": 21350.0,
        "trend": 25.515667,
        "fair_value": 18.842372,
        "relative_strength": 5.478587,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 94.066769,
        "energy": 97.62059,
        "activity_lines": [
          28.344667,
          27.475818,
          26.616381,
          26.169677
        ]
      },
      {
        "date": "2025-10-10",
        "close": 30.139999,
        "volume": 34600,
        "typical_volume": 22145.0,
        "trend": 25.753667,
        "fair_value": 18.950064,
        "relative_strength": 10.565675,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 95.391637,
        "energy": 98.162029,
        "activity_lines": [
          29.053333,
          28.079818,
          27.0,
          26.468021
        ]
      },
      {
        "date": "2025-10-17",
        "close": 31.68,
        "volume": 41500,
        "typical_volume": 23580.0,
        "trend": 26.034,
        "fair_value": 19.068461,
        "relative_strength": 14.742941,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 97.34767,
        "energy": 98.854727,
        "activity_lines": [
          30.08,
          28.877818,
          27.508667,
          26.850366
        ]
      },
      {
        "date": "2025-10-24",
        "close": 30.809999,
        "volume": 61400,
        "typical_volume": 26005.0,
        "trend": 26.270333,
        "fair_value": 19.180513,
        "relative_strength": 10.3594,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.52166,
        "energy": 88.755436,
        "activity_lines": [
          30.537333,
          29.410181,
          27.903,
          27.158494
        ]
      },
      {
        "date": "2025-10-31",
        "close": 30.01,
        "volume": 25000,
        "typical_volume": 26560.0,
        "trend": 26.494667,
        "fair_value": 19.286154,
        "relative_strength": 7.572252,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.261049,
        "energy": 68.21135,
        "activity_lines": [
          30.524,
          29.695818,
          28.194571,
          27.399763
        ]
      },
      {
        "date": "2025-11-07",
        "close": 29.969999,
        "volume": 26200,
        "typical_volume": 26705.0,
        "trend": 26.666667,
        "fair_value": 19.386282,
        "relative_strength": 8.329367,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.412877,
        "energy": 66.625695,
        "activity_lines": [
          30.387999,
          29.891636,
          28.463762,
          27.623978
        ]
      },
      {
        "date": "2025-11-14",
        "close": 30.620001,
        "volume": 15600,
        "typical_volume": 26180.0,
        "trend": 26.840333,
        "fair_value": 19.491603,
        "relative_strength": 8.693641,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.876632,
        "energy": 63.847055,
        "activity_lines": [
          30.420667,
          30.137454,
          28.773952,
          27.879032
        ]
      },
      {
        "date": "2025-11-21",
        "close": 30.59,
        "volume": 13100,
        "typical_volume": 26600.0,
        "trend": 27.017333,
        "fair_value": 19.596538,
        "relative_strength": 8.764042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.424854,
        "energy": 57.238231,
        "activity_lines": [
          30.411333,
          30.315818,
          29.053857,
          28.120946
        ]
      },
      {
        "date": "2025-11-28",
        "close": 31.83,
        "volume": 10700,
        "typical_volume": 23295.0,
        "trend": 27.254667,
        "fair_value": 19.707308,
        "relative_strength": 8.297848,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.708649,
        "energy": 64.897155,
        "activity_lines": [
          30.888,
          30.663273,
          29.426952,
          28.431441
        ]
      },
      {
        "date": "2025-12-05",
        "close": 31.43,
        "volume": 16900,
        "typical_volume": 23445.0,
        "trend": 27.455333,
        "fair_value": 19.815513,
        "relative_strength": 6.727873,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.946843,
        "energy": 63.243033,
        "activity_lines": [
          31.163333,
          30.863818,
          29.731952,
          28.700817
        ]
      },
      {
        "date": "2025-12-12",
        "close": 32.110001,
        "volume": 10400,
        "typical_volume": 23035.0,
        "trend": 27.714333,
        "fair_value": 19.928654,
        "relative_strength": 7.83878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.3293,
        "energy": 65.968428,
        "activity_lines": [
          31.570667,
          31.132364,
          30.073095,
          29.001118
        ]
      },
      {
        "date": "2025-12-19",
        "close": 32.48,
        "volume": 7900,
        "typical_volume": 22770.0,
        "trend": 27.943667,
        "fair_value": 20.043654,
        "relative_strength": 7.875329,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.806085,
        "energy": 75.019252,
        "activity_lines": [
          31.958667,
          31.416182,
          30.417048,
          29.308581
        ]
      },
      {
        "date": "2025-12-26",
        "close": 33.5,
        "volume": 11600,
        "typical_volume": 20345.0,
        "trend": 28.224667,
        "fair_value": 20.164038,
        "relative_strength": 9.908605,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.321315,
        "energy": 80.919783,
        "activity_lines": [
          32.562667,
          31.842909,
          30.824476,
          29.667054
        ]
      },
      {
        "date": "2026-01-02",
        "close": 32.259998,
        "volume": 21500,
        "typical_volume": 20685.0,
        "trend": 28.459,
        "fair_value": 20.274167,
        "relative_strength": 5.810989,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.995227,
        "energy": 62.259672,
        "activity_lines": [
          32.559333,
          32.011091,
          31.077,
          29.927398
        ]
      },
      {
        "date": "2026-01-09",
        "close": 33.59,
        "volume": 15800,
        "typical_volume": 20945.0,
        "trend": 28.708333,
        "fair_value": 20.389872,
        "relative_strength": 7.316814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.303526,
        "energy": 66.860997,
        "activity_lines": [
          32.970666,
          32.394727,
          31.422762,
          30.25843
        ]
      },
      {
        "date": "2026-01-16",
        "close": 34.139999,
        "volume": 34300,
        "typical_volume": 22020.0,
        "trend": 28.993667,
        "fair_value": 20.508782,
        "relative_strength": 7.263218,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.478855,
        "energy": 77.702063,
        "activity_lines": [
          33.421333,
          32.813272,
          31.782238,
          30.60886
        ]
      },
      {
        "date": "2026-01-23",
        "close": 37.040001,
        "volume": 46400,
        "typical_volume": 23400.0,
        "trend": 29.399667,
        "fair_value": 20.646282,
        "relative_strength": 15.378499,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 95.333847,
        "energy": 94.51791,
        "activity_lines": [
          34.703333,
          33.683273,
          32.38019,
          31.127978
        ]
      },
      {
        "date": "2026-01-30",
        "close": 35.759998,
        "volume": 94700,
        "typical_volume": 26665.0,
        "trend": 29.746333,
        "fair_value": 20.779038,
        "relative_strength": 15.035267,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.920715,
        "energy": 80.635605,
        "activity_lines": [
          35.254666,
          34.203818,
          32.809428,
          31.538322
        ]
      },
      {
        "date": "2026-02-06",
        "close": 36.66,
        "volume": 89100,
        "typical_volume": 30295.0,
        "trend": 30.117333,
        "fair_value": 20.917628,
        "relative_strength": 15.351498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.684873,
        "energy": 76.788139,
        "activity_lines": [
          35.955333,
          34.794,
          33.285,
          31.984365
        ]
      },
      {
        "date": "2026-02-13",
        "close": 37.27,
        "volume": 35700,
        "typical_volume": 31535.0,
        "trend": 30.512333,
        "fair_value": 21.061282,
        "relative_strength": 14.558279,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.282461,
        "energy": 70.954434,
        "activity_lines": [
          36.566,
          35.407272,
          33.776238,
          32.445828
        ]
      },
      {
        "date": "2026-02-20",
        "close": 37.779999,
        "volume": 32900,
        "typical_volume": 32265.0,
        "trend": 30.928333,
        "fair_value": 21.209744,
        "relative_strength": 13.092264,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.091796,
        "energy": 69.16885,
        "activity_lines": [
          37.101333,
          36.00709,
          34.273666,
          32.914709
        ]
      },
      {
        "date": "2026-02-27",
        "close": 38.98,
        "volume": 57700,
        "typical_volume": 33420.0,
        "trend": 31.380666,
        "fair_value": 21.364231,
        "relative_strength": 14.310042,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.236237,
        "energy": 74.517502,
        "activity_lines": [
          37.794,
          36.722,
          34.844762,
          33.434172
        ]
      },
      {
        "date": "2026-03-06",
        "close": 38.139999,
        "volume": 62900,
        "typical_volume": 34490.0,
        "trend": 31.793,
        "fair_value": 21.512564,
        "relative_strength": 15.541473,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.665722,
        "energy": 64.714914,
        "activity_lines": [
          38.077333,
          37.165999,
          35.293762,
          33.870258
        ]
      },
      {
        "date": "2026-03-13",
        "close": 37.07,
        "volume": 51400,
        "typical_volume": 33990.0,
        "trend": 32.187333,
        "fair_value": 21.647564,
        "relative_strength": 13.72605,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.193064,
        "energy": 58.4911,
        "activity_lines": [
          37.845333,
          37.33109,
          35.610095,
          34.210709
        ]
      },
      {
        "date": "2026-03-20",
        "close": 33.299999,
        "volume": 75300,
        "typical_volume": 36505.0,
        "trend": 32.448333,
        "fair_value": 21.757885,
        "relative_strength": 5.887605,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 35.058494,
        "energy": 30.257217,
        "activity_lines": [
          36.329333,
          36.723272,
          35.537571,
          34.282494
        ]
      },
      {
        "date": "2026-03-27",
        "close": 33.32,
        "volume": 41400,
        "typical_volume": 37265.0,
        "trend": 32.685,
        "fair_value": 21.869679,
        "relative_strength": 3.650903,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.473911,
        "energy": 19.945268,
        "activity_lines": [
          35.084666,
          36.124363,
          35.451285,
          34.338731
        ]
      },
      {
        "date": "2026-04-03",
        "close": 34.439999,
        "volume": 139400,
        "typical_volume": 43455.0,
        "trend": 32.926,
        "fair_value": 21.986923,
        "relative_strength": 3.349647,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.857753,
        "energy": 24.753641,
        "activity_lines": [
          34.510666,
          35.743999,
          35.455714,
          34.451957
        ]
      },
      {
        "date": "2026-04-10",
        "close": 35.080002,
        "volume": 90700,
        "typical_volume": 47335.0,
        "trend": 33.179,
        "fair_value": 22.108782,
        "relative_strength": 3.455681,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.110271,
        "energy": 24.180677,
        "activity_lines": [
          34.452667,
          35.527273,
          35.502905,
          34.590924
        ]
      },
      {
        "date": "2026-04-17",
        "close": 35.849998,
        "volume": 27800,
        "typical_volume": 48190.0,
        "trend": 33.449,
        "fair_value": 22.236795,
        "relative_strength": 3.737051,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.403189,
        "energy": 15.067678,
        "activity_lines": [
          34.855333,
          35.462909,
          35.602047,
          34.763247
        ]
      },
      {
        "date": "2026-04-24",
        "close": 34.810001,
        "volume": 180000,
        "typical_volume": 56345.0,
        "trend": 33.663666,
        "fair_value": 22.357436,
        "relative_strength": 2.034266,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.11266,
        "energy": 8.300596,
        "activity_lines": [
          34.992667,
          35.224182,
          35.583,
          34.851053
        ]
      },
      {
        "date": "2026-05-01",
        "close": 34.029999,
        "volume": 28900,
        "typical_volume": 57270.0,
        "trend": 33.823,
        "fair_value": 22.472051,
        "relative_strength": -0.246377,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 1.207293,
        "energy": 4.355377,
        "activity_lines": [
          34.769333,
          34.888363,
          35.473571,
          34.874688
        ]
      },
      {
        "date": "2026-05-08",
        "close": 34.740002,
        "volume": 15500,
        "typical_volume": 57650.0,
        "trend": 33.976333,
        "fair_value": 22.59109,
        "relative_strength": 1.243665,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 10.615409,
        "energy": 8.063532,
        "activity_lines": [
          34.735334,
          34.749818,
          35.422619,
          34.933849
        ]
      },
      {
        "date": "2026-05-15",
        "close": 33.400002,
        "volume": 38000,
        "typical_volume": 58970.0,
        "trend": 34.033667,
        "fair_value": 22.703461,
        "relative_strength": -2.051965,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -5.915934,
        "energy": 22.879048,
        "activity_lines": [
          34.234668,
          34.444728,
          35.233286,
          34.896667
        ]
      },
      {
        "date": "2026-05-22",
        "close": 33.080002,
        "volume": 17700,
        "typical_volume": 58780.0,
        "trend": 34.109333,
        "fair_value": 22.815385,
        "relative_strength": -4.732147,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.657947,
        "energy": 42.685581,
        "activity_lines": [
          33.739335,
          34.167637,
          35.013953,
          34.83514
        ]
      },
      {
        "date": "2026-05-29",
        "close": 33.380001,
        "volume": 49900,
        "typical_volume": 60485.0,
        "trend": 34.221667,
        "fair_value": 22.92859,
        "relative_strength": -4.695407,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.564745,
        "energy": 40.223924,
        "activity_lines": [
          33.528668,
          34.017637,
          34.819286,
          34.788086
        ]
      },
      {
        "date": "2026-06-05",
        "close": 31.700001,
        "volume": 5600,
        "typical_volume": 59050.0,
        "trend": 34.279333,
        "fair_value": 23.030961,
        "relative_strength": -8.498324,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.143805,
        "energy": 61.941095,
        "activity_lines": [
          32.853335,
          33.560728,
          34.46562,
          34.625398
        ]
      },
      {
        "date": "2026-06-12",
        "close": 30.82,
        "volume": 10800,
        "typical_volume": 57270.0,
        "trend": 34.286,
        "fair_value": 23.12782,
        "relative_strength": -12.200978,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -53.908144,
        "energy": 70.604766,
        "activity_lines": [
          32.040001,
          32.973274,
          34.039762,
          34.402215
        ]
      },
      {
        "date": "2026-06-19",
        "close": 30.5,
        "volume": 400,
        "typical_volume": 52555.0,
        "trend": 34.283,
        "fair_value": 23.224551,
        "relative_strength": -13.034528,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -83.160641,
        "energy": 90.163482,
        "activity_lines": [
          31.381334,
          32.393455,
          33.613048,
          34.157957
        ]
      },
      {
        "date": "2026-06-26",
        "close": 29.9,
        "volume": 4100,
        "typical_volume": 48305.0,
        "trend": 34.218667,
        "fair_value": 23.318141,
        "relative_strength": -14.647049,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -83.773888,
        "energy": 93.120791,
        "activity_lines": [
          30.716,
          31.787819,
          33.154239,
          33.875183
        ]
      },
      {
        "date": "2026-07-03",
        "close": 30.469999,
        "volume": 1000,
        "typical_volume": 46570.0,
        "trend": 34.186667,
        "fair_value": 23.414487,
        "relative_strength": -13.558321,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -68.019779,
        "energy": 87.754728,
        "activity_lines": [
          30.452666,
          31.394,
          32.781905,
          33.633334
        ]
      },
      {
        "date": "2026-07-10",
        "close": 29.99,
        "volume": 23400,
        "typical_volume": 46095.0,
        "trend": 34.116,
        "fair_value": 23.506346,
        "relative_strength": -14.903887,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -72.956508,
        "energy": 89.044645,
        "activity_lines": [
          30.223333,
          30.991818,
          32.396238,
          33.362581
        ]
      },
      {
        "date": "2026-07-17",
        "close": 29.33,
        "volume": 25600,
        "typical_volume": 44490.0,
        "trend": 34.011,
        "fair_value": 23.593782,
        "relative_strength": -16.519812,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -79.545281,
        "energy": 89.872545,
        "activity_lines": [
          29.888,
          30.543091,
          31.98481,
          33.053807
        ]
      },
      {
        "date": "2026-07-24",
        "close": 29.799999,
        "volume": 3400,
        "typical_volume": 41515.0,
        "trend": 33.887667,
        "fair_value": 23.684231,
        "relative_strength": -15.307442,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.411351,
        "energy": 75.704135,
        "activity_lines": [
          29.808666,
          30.278182,
          31.664095,
          32.782129
        ]
      },
      {
        "date": "2026-07-31",
        "close": 29.559999,
        "volume": 6500,
        "typical_volume": 39270.0,
        "trend": 33.797667,
        "fair_value": 23.774167,
        "relative_strength": -15.48307,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.481834,
        "energy": 67.246733,
        "activity_lines": [
          29.695999,
          30.035091,
          31.360238,
          32.502925
        ]
      },
      {
        "date": "2026-08-07",
        "close": 31.690001,
        "volume": 8600,
        "typical_volume": 35935.0,
        "trend": 33.734333,
        "fair_value": 23.879231,
        "relative_strength": -12.17232,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.83,
        "energy": 53.836154,
        "activity_lines": [
          30.316,
          30.243273,
          31.295,
          32.366946
        ]
      }
    ],
    "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."
    }
  }
}