{
  "ticker": {
    "uuid": "6525b639-526b-4ca0-aa63-90a739345be0",
    "symbol": "XFFE",
    "name": "Xtrackers II USD Overnight Rate Swap UCITS ETF 1C",
    "exchange": "MIL",
    "country": "IT",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "FTSEMIB.MI",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3b",
    "phase_label": "Stage 3B \u00b7 Distribution",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 63.871,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 52.786,
    "architecture_energy": 48.88,
    "architecture_maturity": 69.198,
    "architecture_confidence": 50.968,
    "architecture_tenure": "Developing",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 16.91,
        "rotation_up": 49.37,
        "upward_expansion": 71.97,
        "deceleration": 62.53,
        "rotation_down": 26.11,
        "downward_expansion": 19.63
      },
      "activity_lines": [
        186.713999,
        186.756544,
        185.391856,
        184.393419
      ],
      "activity_state": "Moderate",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 185.720001,
    "trend_reference": 182.931333,
    "distance_from_trend": 0.015244,
    "trend_direction": "Improving",
    "fair_value": 181.401346,
    "distance_from_fair_value": 0.023807,
    "fair_value_direction": "Improving",
    "relative_strength": -12.247776,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.04074,
    "excess_performance": -0.130152,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.015244,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.012219,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.023807,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.020586,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.122478,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.006285,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.04074,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.656167,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 8341,
      "relative_activity": 2.6713,
      "balance": 0.656167,
      "dry_up": 2.08394,
      "accumulation_observations": 2,
      "distribution_observations": 3
    },
    "risk": {
      "range_context": 0.0076,
      "annualized_volatility": 0.059668,
      "from_high_reference": -0.016366,
      "from_low_reference": 0.059985
    },
    "levels": {
      "trend_reference": 182.931333,
      "fair_value_reference": 181.401346,
      "structural_low": 176.929993,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 34,
        "median_return": 0.001929,
        "positive_rate": 0.558824,
        "directional_follow_through": 0.558824,
        "median_excess_return": -0.020387,
        "regime_survival": 0.764706,
        "best_return": 0.031129,
        "worst_return": -0.05135,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 13,
        "median_return": 0.015107,
        "positive_rate": 0.846154,
        "directional_follow_through": 0.846154,
        "median_excess_return": -0.04008,
        "regime_survival": 0.615385,
        "best_return": 0.069639,
        "worst_return": -0.068571,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 7,
        "median_return": 0.012972,
        "positive_rate": 0.714286,
        "directional_follow_through": 0.714286,
        "median_excess_return": -0.122745,
        "regime_survival": 0.571429,
        "best_return": 0.115589,
        "worst_return": -0.033214,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": -0.007935,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": -0.235382,
        "regime_survival": 0.25,
        "best_return": 0.165972,
        "worst_return": -0.052953,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-10-25",
        "end": "2024-11-08",
        "tenure": "New",
        "return": 0.010344,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-15",
        "end": "2025-02-14",
        "tenure": "Established",
        "return": 0.015107,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-02-21",
        "end": "2025-03-28",
        "tenure": "Developing",
        "return": -0.031039,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-04",
        "end": "2025-04-25",
        "tenure": "New",
        "return": -0.03111,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-05-02",
        "end": "2025-09-26",
        "tenure": "Established",
        "return": -0.013813,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-10-03",
        "end": "2025-10-24",
        "tenure": "New",
        "return": 0.013546,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-10-31",
        "end": "2025-11-28",
        "tenure": "Developing",
        "return": -0.002597,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-05",
        "end": "2025-12-12",
        "tenure": "New",
        "return": -0.008052,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-12-19",
        "end": "2026-01-23",
        "tenure": "Developing",
        "return": -0.000168,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-01-30",
        "end": "2026-02-27",
        "tenure": "Developing",
        "return": 0.008121,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2026-03-06",
        "end": "2026-03-13",
        "tenure": "New",
        "return": 0.011818,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-03-20",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": -0.017858,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-24",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": 0.011793,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-29",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.017309,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 172.570007,
        "volume": 423,
        "typical_volume": 6202.7,
        "trend": 170.373666,
        "fair_value": 162.079423,
        "relative_strength": -9.072763,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 15.029174,
        "energy": 19.109061,
        "activity_lines": [
          170.891336,
          170.090547,
          170.278001,
          170.291162
        ]
      },
      {
        "date": "2023-08-25",
        "close": 174.139999,
        "volume": 3763,
        "typical_volume": 6336.0,
        "trend": 170.571,
        "fair_value": 162.228846,
        "relative_strength": -9.172753,
        "stage": 1,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 45.613854,
        "energy": 44.515483,
        "activity_lines": [
          172.208002,
          170.851456,
          170.672715,
          170.534151
        ]
      },
      {
        "date": "2023-09-01",
        "close": 174.210007,
        "volume": 4062,
        "typical_volume": 6006.7,
        "trend": 170.758333,
        "fair_value": 162.37032,
        "relative_strength": -10.000019,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 71.89385,
        "energy": 71.269493,
        "activity_lines": [
          173.142003,
          171.553638,
          171.047906,
          170.768926
        ]
      },
      {
        "date": "2023-09-08",
        "close": 175.679993,
        "volume": 2699,
        "typical_volume": 6047.55,
        "trend": 170.901333,
        "fair_value": 162.524679,
        "relative_strength": -7.398294,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.854052,
        "energy": 81.548216,
        "activity_lines": [
          174.257333,
          172.467092,
          171.532667,
          171.086452
        ]
      },
      {
        "date": "2023-09-15",
        "close": 176.520004,
        "volume": 1764,
        "typical_volume": 6116.25,
        "trend": 171.059666,
        "fair_value": 162.686859,
        "relative_strength": -8.580505,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.020549,
        "energy": 86.550228,
        "activity_lines": [
          175.253335,
          173.444001,
          172.061715,
          171.448947
        ]
      },
      {
        "date": "2023-09-22",
        "close": 176.970001,
        "volume": 1547,
        "typical_volume": 6150.65,
        "trend": 171.169667,
        "fair_value": 162.831346,
        "relative_strength": -6.622974,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.724957,
        "energy": 87.982521,
        "activity_lines": [
          176.035334,
          174.39091,
          172.590096,
          171.830259
        ]
      },
      {
        "date": "2023-09-29",
        "close": 178.460007,
        "volume": 34327,
        "typical_volume": 7784.65,
        "trend": 171.351334,
        "fair_value": 162.99391,
        "relative_strength": -4.002189,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.658343,
        "energy": 91.725789,
        "activity_lines": [
          177.02067,
          175.411457,
          173.217002,
          172.300603
        ]
      },
      {
        "date": "2023-10-06",
        "close": 178.479996,
        "volume": 2190,
        "typical_volume": 7829.9,
        "trend": 171.562667,
        "fair_value": 163.164936,
        "relative_strength": -1.809191,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.832467,
        "energy": 88.835384,
        "activity_lines": [
          177.724667,
          176.246365,
          173.807668,
          172.760517
        ]
      },
      {
        "date": "2023-10-13",
        "close": 180.169998,
        "volume": 6933,
        "typical_volume": 7894.8,
        "trend": 171.83,
        "fair_value": 163.338333,
        "relative_strength": -1.658637,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.147807,
        "energy": 92.669491,
        "activity_lines": [
          178.707333,
          177.226728,
          174.525144,
          173.315829
        ]
      },
      {
        "date": "2023-10-20",
        "close": 178.710007,
        "volume": 958,
        "typical_volume": 7877.25,
        "trend": 172.089334,
        "fair_value": 163.512692,
        "relative_strength": 1.288063,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.719877,
        "energy": 84.843948,
        "activity_lines": [
          178.904002,
          177.751093,
          175.068859,
          173.7597
        ]
      },
      {
        "date": "2023-10-27",
        "close": 178.919998,
        "volume": 3115,
        "typical_volume": 7958.3,
        "trend": 172.405668,
        "fair_value": 163.672628,
        "relative_strength": 2.128803,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 65.865914,
        "energy": 76.951191,
        "activity_lines": [
          179.024667,
          178.174546,
          175.60562,
          174.200388
        ]
      },
      {
        "date": "2023-11-03",
        "close": 176.729996,
        "volume": 46020,
        "typical_volume": 10107.35,
        "trend": 172.675334,
        "fair_value": 163.838077,
        "relative_strength": -3.519192,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.251514,
        "energy": 56.934109,
        "activity_lines": [
          178.285332,
          178.084364,
          175.90462,
          174.479377
        ]
      },
      {
        "date": "2023-11-10",
        "close": 177.990005,
        "volume": 1207,
        "typical_volume": 6355.1,
        "trend": 173.014334,
        "fair_value": 164.006474,
        "relative_strength": -1.974154,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.623359,
        "energy": 44.121234,
        "activity_lines": [
          178.081334,
          178.176183,
          176.292572,
          174.822259
        ]
      },
      {
        "date": "2023-11-17",
        "close": 174.720001,
        "volume": 2008,
        "typical_volume": 6409.8,
        "trend": 173.232334,
        "fair_value": 164.156795,
        "relative_strength": -6.688824,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.387469,
        "energy": 24.294281,
        "activity_lines": [
          176.820001,
          177.604728,
          176.33643,
          174.932302
        ]
      },
      {
        "date": "2023-11-24",
        "close": 173.990005,
        "volume": 933,
        "typical_volume": 6402.1,
        "trend": 173.452668,
        "fair_value": 164.310384,
        "relative_strength": -6.545699,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 13.433349,
        "energy": 23.985025,
        "activity_lines": [
          175.678669,
          176.918002,
          176.291954,
          174.981184
        ]
      },
      {
        "date": "2023-12-01",
        "close": 175.350006,
        "volume": 1072,
        "typical_volume": 6178.1,
        "trend": 173.702335,
        "fair_value": 164.486859,
        "relative_strength": -7.046196,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.290452,
        "energy": 24.991965,
        "activity_lines": [
          175.305337,
          176.524548,
          176.359764,
          175.103593
        ]
      },
      {
        "date": "2023-12-08",
        "close": 176.699997,
        "volume": 1280,
        "typical_volume": 6045.35,
        "trend": 173.910668,
        "fair_value": 164.670128,
        "relative_strength": -7.434218,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.05096,
        "energy": 22.41365,
        "activity_lines": [
          175.620002,
          176.406002,
          176.512192,
          175.296991
        ]
      },
      {
        "date": "2023-12-15",
        "close": 174.899994,
        "volume": 2068,
        "typical_volume": 6040.0,
        "trend": 174.030334,
        "fair_value": 164.850961,
        "relative_strength": -7.869009,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.34858,
        "energy": 14.650444,
        "activity_lines": [
          175.336666,
          175.992182,
          176.452001,
          175.360818
        ]
      },
      {
        "date": "2023-12-22",
        "close": 173.559998,
        "volume": 243,
        "typical_volume": 5984.6,
        "trend": 174.053001,
        "fair_value": 165.020897,
        "relative_strength": -8.100168,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.887729,
        "energy": 15.679293,
        "activity_lines": [
          174.812665,
          175.399818,
          176.238858,
          175.330474
        ]
      },
      {
        "date": "2023-12-29",
        "close": 173.089996,
        "volume": 1307,
        "typical_volume": 5895.95,
        "trend": 174.054334,
        "fair_value": 165.194487,
        "relative_strength": -7.923768,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -11.25635,
        "energy": 27.382511,
        "activity_lines": [
          174.20933,
          174.842181,
          175.962524,
          175.268344
        ]
      },
      {
        "date": "2024-01-05",
        "close": 174.660004,
        "volume": 1928,
        "typical_volume": 5971.2,
        "trend": 174.116668,
        "fair_value": 165.375064,
        "relative_strength": -7.046679,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 1.002033,
        "energy": 26.35582,
        "activity_lines": [
          174.189332,
          174.672182,
          175.826048,
          175.30742
        ]
      },
      {
        "date": "2024-01-12",
        "close": 174.710007,
        "volume": 1168,
        "typical_volume": 5841.45,
        "trend": 174.266668,
        "fair_value": 165.544359,
        "relative_strength": -6.878581,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -16.564026,
        "energy": 31.366746,
        "activity_lines": [
          174.232002,
          174.588728,
          175.684382,
          175.3457
        ]
      },
      {
        "date": "2024-01-19",
        "close": 176.259995,
        "volume": 1128,
        "typical_volume": 5694.75,
        "trend": 174.437667,
        "fair_value": 165.729679,
        "relative_strength": -5.261807,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 23.597072,
        "energy": 15.0201,
        "activity_lines": [
          174.924,
          174.823818,
          175.687619,
          175.474302
        ]
      },
      {
        "date": "2024-01-26",
        "close": 176.720001,
        "volume": 1571,
        "typical_volume": 5638.35,
        "trend": 174.636001,
        "fair_value": 165.91532,
        "relative_strength": -5.149446,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.626815,
        "energy": 23.361396,
        "activity_lines": [
          175.678667,
          175.174,
          175.724905,
          175.621549
        ]
      },
      {
        "date": "2024-02-02",
        "close": 178.179993,
        "volume": 573,
        "typical_volume": 5578.8,
        "trend": 174.896334,
        "fair_value": 166.101346,
        "relative_strength": -5.286129,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 56.859012,
        "energy": 39.112662,
        "activity_lines": [
          176.709331,
          175.753271,
          175.896285,
          175.850194
        ]
      },
      {
        "date": "2024-02-09",
        "close": 178.460007,
        "volume": 4308,
        "typical_volume": 5716.85,
        "trend": 175.307668,
        "fair_value": 166.296602,
        "relative_strength": -6.306889,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 69.608002,
        "energy": 52.281196,
        "activity_lines": [
          177.494,
          176.307273,
          176.086429,
          176.080108
        ]
      },
      {
        "date": "2024-02-16",
        "close": 178.860001,
        "volume": 683,
        "typical_volume": 4034.65,
        "trend": 175.668001,
        "fair_value": 166.495641,
        "relative_strength": -7.640729,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.182574,
        "energy": 70.080355,
        "activity_lines": [
          178.158667,
          176.877455,
          176.307572,
          176.309291
        ]
      },
      {
        "date": "2024-02-23",
        "close": 178.270004,
        "volume": 5218,
        "typical_volume": 4186.05,
        "trend": 175.957668,
        "fair_value": 166.6875,
        "relative_strength": -10.395316,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 54.107254,
        "energy": 67.589606,
        "activity_lines": [
          178.350002,
          177.301092,
          176.47062,
          176.477162
        ]
      },
      {
        "date": "2024-03-01",
        "close": 178.300003,
        "volume": 1943,
        "typical_volume": 3936.55,
        "trend": 176.244668,
        "fair_value": 166.864936,
        "relative_strength": -10.787574,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.729072,
        "energy": 67.514336,
        "activity_lines": [
          178.417336,
          177.668911,
          176.637525,
          176.62828
        ]
      },
      {
        "date": "2024-03-08",
        "close": 176.539993,
        "volume": 3256,
        "typical_volume": 4051.45,
        "trend": 176.427334,
        "fair_value": 167.03391,
        "relative_strength": -12.627331,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.360481,
        "energy": 33.111195,
        "activity_lines": [
          177.792667,
          177.630546,
          176.645714,
          176.647334
        ]
      },
      {
        "date": "2024-03-15",
        "close": 177.679993,
        "volume": 1900,
        "typical_volume": 3990.7,
        "trend": 176.597667,
        "fair_value": 167.206987,
        "relative_strength": -13.032384,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 40.973077,
        "energy": 26.768988,
        "activity_lines": [
          177.65733,
          177.736726,
          176.772809,
          176.72815
        ]
      },
      {
        "date": "2024-03-22",
        "close": 179.220001,
        "volume": 3723,
        "typical_volume": 1875.85,
        "trend": 176.767,
        "fair_value": 167.381154,
        "relative_strength": -12.925713,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.387601,
        "energy": 37.849688,
        "activity_lines": [
          178.087331,
          178.067999,
          177.052476,
          176.897333
        ]
      },
      {
        "date": "2024-03-29",
        "close": 179.470001,
        "volume": 3157,
        "typical_volume": 1973.35,
        "trend": 176.942334,
        "fair_value": 167.554423,
        "relative_strength": -13.522138,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 66.43818,
        "energy": 41.643913,
        "activity_lines": [
          178.576665,
          178.362727,
          177.344095,
          177.07172
        ]
      },
      {
        "date": "2024-04-05",
        "close": 179.169998,
        "volume": 6060,
        "typical_volume": 2175.95,
        "trend": 177.058667,
        "fair_value": 167.735641,
        "relative_strength": -11.526212,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.033732,
        "energy": 61.397108,
        "activity_lines": [
          178.885998,
          178.544544,
          177.600095,
          177.215441
        ]
      },
      {
        "date": "2024-04-12",
        "close": 182.589996,
        "volume": 1739,
        "typical_volume": 2216.25,
        "trend": 177.261,
        "fair_value": 167.946474,
        "relative_strength": -8.997594,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.890836,
        "energy": 82.981837,
        "activity_lines": [
          180.277331,
          179.303635,
          178.160618,
          177.572301
        ]
      },
      {
        "date": "2024-04-19",
        "close": 182.309998,
        "volume": 2472,
        "typical_volume": 2286.25,
        "trend": 177.439,
        "fair_value": 168.161987,
        "relative_strength": -9.358838,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.429925,
        "energy": 87.482968,
        "activity_lines": [
          181.171998,
          179.931634,
          178.653523,
          177.898042
        ]
      },
      {
        "date": "2024-04-26",
        "close": 182.259995,
        "volume": 3010,
        "typical_volume": 2372.75,
        "trend": 177.565666,
        "fair_value": 168.374679,
        "relative_strength": -10.000414,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.486957,
        "energy": 87.070985,
        "activity_lines": [
          181.74133,
          180.480543,
          179.108522,
          178.209074
        ]
      },
      {
        "date": "2024-05-03",
        "close": 180.940002,
        "volume": 1736,
        "typical_volume": 2356.15,
        "trend": 177.647666,
        "fair_value": 168.588333,
        "relative_strength": -8.777646,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.556559,
        "energy": 81.332515,
        "activity_lines": [
          181.667998,
          180.727634,
          179.411332,
          178.426773
        ]
      },
      {
        "date": "2024-05-10",
        "close": 181.070007,
        "volume": 1447,
        "typical_volume": 2416.35,
        "trend": 177.677667,
        "fair_value": 168.80173,
        "relative_strength": -11.127747,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.356264,
        "energy": 63.392615,
        "activity_lines": [
          181.540001,
          180.949818,
          179.697762,
          178.64757
        ]
      },
      {
        "date": "2024-05-17",
        "close": 179.580002,
        "volume": 29440,
        "typical_volume": 3823.0,
        "trend": 177.706667,
        "fair_value": 169.009423,
        "relative_strength": -13.380201,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 47.350884,
        "energy": 37.449626,
        "activity_lines": [
          180.788669,
          180.850728,
          179.806524,
          178.770301
        ]
      },
      {
        "date": "2024-05-24",
        "close": 180.080002,
        "volume": 2075,
        "typical_volume": 3830.35,
        "trend": 177.745333,
        "fair_value": 169.220705,
        "relative_strength": -10.484737,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 40.661557,
        "energy": 26.091758,
        "activity_lines": [
          180.404669,
          180.787274,
          179.932,
          178.923419
        ]
      },
      {
        "date": "2024-05-31",
        "close": 180.429993,
        "volume": 6087,
        "typical_volume": 4076.3,
        "trend": 177.868667,
        "fair_value": 169.432564,
        "relative_strength": -9.968402,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.655215,
        "energy": 21.361246,
        "activity_lines": [
          180.286,
          180.743818,
          180.064999,
          179.096623
        ]
      },
      {
        "date": "2024-06-07",
        "close": 181.229996,
        "volume": 1314,
        "typical_volume": 4085.6,
        "trend": 177.976666,
        "fair_value": 169.644295,
        "relative_strength": -9.668898,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.969133,
        "energy": 23.548729,
        "activity_lines": [
          180.555998,
          180.823817,
          180.246951,
          179.313483
        ]
      },
      {
        "date": "2024-06-14",
        "close": 183.25,
        "volume": 6214,
        "typical_volume": 4317.75,
        "trend": 178.261,
        "fair_value": 169.849359,
        "relative_strength": -2.922683,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 74.052274,
        "energy": 46.014876,
        "activity_lines": [
          181.479998,
          181.23909,
          180.597618,
          179.653698
        ]
      },
      {
        "date": "2024-06-21",
        "close": 183.660004,
        "volume": 3122,
        "typical_volume": 4445.2,
        "trend": 178.583333,
        "fair_value": 170.064295,
        "relative_strength": -4.339746,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.133388,
        "energy": 68.455622,
        "activity_lines": [
          182.395333,
          181.654727,
          180.956238,
          180.002021
        ]
      },
      {
        "date": "2024-06-28",
        "close": 183.339996,
        "volume": 4002,
        "typical_volume": 4429.9,
        "trend": 178.849666,
        "fair_value": 170.269359,
        "relative_strength": -3.893537,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.855135,
        "energy": 75.322329,
        "activity_lines": [
          182.931999,
          181.992727,
          181.258285,
          180.308903
        ]
      },
      {
        "date": "2024-07-05",
        "close": 181.610001,
        "volume": 4507,
        "typical_volume": 4621.1,
        "trend": 179.013333,
        "fair_value": 170.464102,
        "relative_strength": -6.890601,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.746642,
        "energy": 66.523635,
        "activity_lines": [
          182.674666,
          181.997454,
          181.372333,
          180.486989
        ]
      },
      {
        "date": "2024-07-12",
        "close": 180.470001,
        "volume": 5599,
        "typical_volume": 4640.15,
        "trend": 179.199,
        "fair_value": 170.6475,
        "relative_strength": -8.885566,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.61412,
        "energy": 39.825059,
        "activity_lines": [
          181.958667,
          181.806727,
          181.364714,
          180.580967
        ]
      },
      {
        "date": "2024-07-19",
        "close": 181.009995,
        "volume": 4168,
        "typical_volume": 4751.4,
        "trend": 179.447333,
        "fair_value": 170.830833,
        "relative_strength": -7.472253,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 36.697387,
        "energy": 20.499652,
        "activity_lines": [
          181.473332,
          181.722726,
          181.398047,
          180.697806
        ]
      },
      {
        "date": "2024-07-26",
        "close": 181.679993,
        "volume": 4051,
        "typical_volume": 4791.15,
        "trend": 179.733666,
        "fair_value": 171.026089,
        "relative_strength": -5.901352,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.565733,
        "energy": 21.847118,
        "activity_lines": [
          181.360663,
          181.761634,
          181.482284,
          180.841848
        ]
      },
      {
        "date": "2024-08-02",
        "close": 180.779999,
        "volume": 2938,
        "typical_volume": 4843.05,
        "trend": 179.937666,
        "fair_value": 171.20782,
        "relative_strength": -1.027562,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 21.901587,
        "energy": 19.179694,
        "activity_lines": [
          181.079997,
          181.598725,
          181.456332,
          180.909354
        ]
      },
      {
        "date": "2024-08-09",
        "close": 180.929993,
        "volume": 3473,
        "typical_volume": 4830.55,
        "trend": 180.144999,
        "fair_value": 171.393205,
        "relative_strength": -0.086539,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.718354,
        "energy": 14.165842,
        "activity_lines": [
          181.019995,
          181.450361,
          181.429903,
          180.973375
        ]
      },
      {
        "date": "2024-08-16",
        "close": 180.0,
        "volume": 8271,
        "typical_volume": 5086.25,
        "trend": 180.269666,
        "fair_value": 171.563077,
        "relative_strength": -4.139082,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.820314,
        "energy": 11.006236,
        "activity_lines": [
          180.69533,
          181.123816,
          181.30676,
          180.96402
        ]
      },
      {
        "date": "2024-08-23",
        "close": 176.979996,
        "volume": 8148,
        "typical_volume": 5190.65,
        "trend": 180.278332,
        "fair_value": 171.722371,
        "relative_strength": -7.166084,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -47.212954,
        "energy": 51.309787,
        "activity_lines": [
          179.39533,
          180.270542,
          180.893474,
          180.751783
        ]
      },
      {
        "date": "2024-08-30",
        "close": 179.289993,
        "volume": 15220,
        "typical_volume": 5864.7,
        "trend": 180.315332,
        "fair_value": 171.90423,
        "relative_strength": -7.661538,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.3063,
        "energy": 48.37945,
        "activity_lines": [
          179.133996,
          179.951269,
          180.710616,
          180.688019
        ]
      },
      {
        "date": "2024-09-06",
        "close": 178.830002,
        "volume": 40006,
        "typical_volume": 7741.4,
        "trend": 180.327665,
        "fair_value": 172.078846,
        "relative_strength": -4.628792,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.454447,
        "energy": 57.075378,
        "activity_lines": [
          178.878664,
          179.627815,
          180.499664,
          180.592192
        ]
      },
      {
        "date": "2024-09-13",
        "close": 179.160004,
        "volume": 3267,
        "typical_volume": 7754.25,
        "trend": 180.337665,
        "fair_value": 172.247948,
        "relative_strength": -4.990886,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -33.554528,
        "energy": 55.490434,
        "activity_lines": [
          178.863333,
          179.446362,
          180.336713,
          180.516859
        ]
      },
      {
        "date": "2024-09-20",
        "close": 178.490005,
        "volume": 20852,
        "typical_volume": 8710.05,
        "trend": 180.344999,
        "fair_value": 172.410641,
        "relative_strength": -5.597208,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.390766,
        "energy": 35.853839,
        "activity_lines": [
          178.742669,
          179.187636,
          180.124713,
          180.397655
        ]
      },
      {
        "date": "2024-09-27",
        "close": 178.240005,
        "volume": 19927,
        "typical_volume": 9634.05,
        "trend": 180.342999,
        "fair_value": 172.561538,
        "relative_strength": -7.974207,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -62.940108,
        "energy": 42.542696,
        "activity_lines": [
          178.639337,
          178.919455,
          179.900571,
          180.261849
        ]
      },
      {
        "date": "2024-10-04",
        "close": 181.779999,
        "volume": 8202,
        "typical_volume": 8572.15,
        "trend": 180.517666,
        "fair_value": 172.733525,
        "relative_strength": -2.643296,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -19.937718,
        "energy": 12.749356,
        "activity_lines": [
          179.632003,
          179.345274,
          180.027047,
          180.354558
        ]
      },
      {
        "date": "2024-10-11",
        "close": 182.119995,
        "volume": 4517,
        "typical_volume": 8694.25,
        "trend": 180.665666,
        "fair_value": 172.910192,
        "relative_strength": -4.13547,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -8.140084,
        "energy": 13.870077,
        "activity_lines": [
          180.572,
          179.831091,
          180.175428,
          180.457935
        ]
      },
      {
        "date": "2024-10-18",
        "close": 183.779999,
        "volume": 5841,
        "typical_volume": 8681.95,
        "trend": 180.817666,
        "fair_value": 173.100448,
        "relative_strength": -5.292267,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 35.382838,
        "energy": 35.456612,
        "activity_lines": [
          181.845999,
          180.594364,
          180.47219,
          180.658859
        ]
      },
      {
        "date": "2024-10-25",
        "close": 184.649994,
        "volume": 10996,
        "typical_volume": 9166.05,
        "trend": 180.990332,
        "fair_value": 173.289487,
        "relative_strength": -3.251815,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 40.27064,
        "energy": 54.479013,
        "activity_lines": [
          183.101997,
          181.463999,
          180.835856,
          180.906106
        ]
      },
      {
        "date": "2024-11-01",
        "close": 184.360001,
        "volume": 7153,
        "typical_volume": 9213.0,
        "trend": 181.163332,
        "fair_value": 173.476794,
        "relative_strength": -2.836966,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 43.432067,
        "energy": 69.30905,
        "activity_lines": [
          183.850664,
          182.196363,
          181.155618,
          181.123504
        ]
      },
      {
        "date": "2024-11-08",
        "close": 186.559998,
        "volume": 7178,
        "typical_volume": 9415.8,
        "trend": 181.295666,
        "fair_value": 173.66891,
        "relative_strength": 1.07851,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 84.497523,
        "energy": 86.648418,
        "activity_lines": [
          184.924665,
          183.194544,
          181.679618,
          181.471676
        ]
      },
      {
        "date": "2024-11-15",
        "close": 189.979996,
        "volume": 11134,
        "typical_volume": 9772.4,
        "trend": 181.551332,
        "fair_value": 173.871282,
        "relative_strength": 1.934329,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 93.286654,
        "energy": 94.979488,
        "activity_lines": [
          186.819997,
          184.682362,
          182.515522,
          182.031956
        ]
      },
      {
        "date": "2024-11-22",
        "close": 192.869995,
        "volume": 10292,
        "typical_volume": 10061.65,
        "trend": 181.904999,
        "fair_value": 174.09173,
        "relative_strength": 5.695603,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 95.592786,
        "energy": 97.700029,
        "activity_lines": [
          189.154663,
          186.492906,
          183.595046,
          182.762192
        ]
      },
      {
        "date": "2024-11-29",
        "close": 190.25,
        "volume": 2340,
        "typical_volume": 9898.7,
        "trend": 182.215332,
        "fair_value": 174.293974,
        "relative_strength": 4.570514,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.106981,
        "energy": 89.57031,
        "activity_lines": [
          190.009998,
          187.577816,
          184.371427,
          183.300579
        ]
      },
      {
        "date": "2024-12-06",
        "close": 189.979996,
        "volume": 8062,
        "typical_volume": 10093.4,
        "trend": 182.512332,
        "fair_value": 174.496218,
        "relative_strength": 0.532887,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.164941,
        "energy": 87.731898,
        "activity_lines": [
          190.401997,
          188.399815,
          185.075522,
          183.801525
        ]
      },
      {
        "date": "2024-12-13",
        "close": 191.559998,
        "volume": 1983,
        "typical_volume": 9990.0,
        "trend": 182.911665,
        "fair_value": 174.705064,
        "relative_strength": 1.060783,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 73.897584,
        "energy": 85.84332,
        "activity_lines": [
          190.945997,
          189.295634,
          185.887379,
          184.385246
        ]
      },
      {
        "date": "2024-12-20",
        "close": 193.130005,
        "volume": 4563,
        "typical_volume": 10071.25,
        "trend": 183.346665,
        "fair_value": 174.927051,
        "relative_strength": 5.277126,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.089242,
        "energy": 69.370986,
        "activity_lines": [
          191.68,
          190.29909,
          186.801713,
          185.044493
        ]
      },
      {
        "date": "2024-12-27",
        "close": 193.100006,
        "volume": 291,
        "typical_volume": 9912.15,
        "trend": 183.768999,
        "fair_value": 175.150064,
        "relative_strength": 4.062111,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.011766,
        "energy": 67.881369,
        "activity_lines": [
          192.194002,
          191.096909,
          187.65438,
          185.673741
        ]
      },
      {
        "date": "2025-01-03",
        "close": 195.839996,
        "volume": 830,
        "typical_volume": 9540.1,
        "trend": 184.255999,
        "fair_value": 175.392243,
        "relative_strength": 5.640473,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.779006,
        "energy": 74.519696,
        "activity_lines": [
          193.606001,
          192.223454,
          188.710047,
          186.452515
        ]
      },
      {
        "date": "2025-01-10",
        "close": 197.100006,
        "volume": 5680,
        "typical_volume": 9416.7,
        "trend": 184.717666,
        "fair_value": 175.649679,
        "relative_strength": 3.448087,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.712303,
        "energy": 78.198043,
        "activity_lines": [
          195.065336,
          193.375637,
          189.810286,
          187.281161
        ]
      },
      {
        "date": "2025-01-17",
        "close": 196.190002,
        "volume": 9525,
        "typical_volume": 9131.95,
        "trend": 185.135332,
        "fair_value": 175.894295,
        "relative_strength": -0.228899,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.72918,
        "energy": 80.243358,
        "activity_lines": [
          195.746669,
          194.130729,
          190.728048,
          188.021311
        ]
      },
      {
        "date": "2025-01-24",
        "close": 192.179993,
        "volume": 5141,
        "typical_volume": 7388.7,
        "trend": 185.429999,
        "fair_value": 176.097115,
        "relative_strength": -1.910374,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.220371,
        "energy": 63.015538,
        "activity_lines": [
          194.782666,
          193.981636,
          191.183428,
          188.475806
        ]
      },
      {
        "date": "2025-01-31",
        "close": 194.570007,
        "volume": 4619,
        "typical_volume": 7456.3,
        "trend": 185.861999,
        "fair_value": 176.340384,
        "relative_strength": -1.265009,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.915546,
        "energy": 55.9709,
        "activity_lines": [
          194.678668,
          194.227092,
          191.802857,
          189.065484
        ]
      },
      {
        "date": "2025-02-07",
        "close": 195.809998,
        "volume": 8077,
        "typical_volume": 6817.55,
        "trend": 186.373332,
        "fair_value": 176.588013,
        "relative_strength": -2.047028,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.210217,
        "energy": 53.058482,
        "activity_lines": [
          194.89,
          194.667092,
          192.467,
          189.70729
        ]
      },
      {
        "date": "2025-02-14",
        "close": 192.850006,
        "volume": 3228,
        "typical_volume": 5982.6,
        "trend": 186.767999,
        "fair_value": 176.810513,
        "relative_strength": -5.681996,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.318496,
        "energy": 36.393828,
        "activity_lines": [
          194.116669,
          194.46782,
          192.766762,
          190.12514
        ]
      },
      {
        "date": "2025-02-21",
        "close": 193.949997,
        "volume": 16935,
        "typical_volume": 6419.25,
        "trend": 187.176999,
        "fair_value": 177.033077,
        "relative_strength": -6.102392,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.373476,
        "energy": 37.417069,
        "activity_lines": [
          193.993334,
          194.416365,
          193.101715,
          190.588495
        ]
      },
      {
        "date": "2025-02-28",
        "close": 195.0,
        "volume": 8003,
        "typical_volume": 6593.55,
        "trend": 187.651,
        "fair_value": 177.230705,
        "relative_strength": -6.041444,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.452063,
        "energy": 38.10804,
        "activity_lines": [
          194.369334,
          194.512364,
          193.478715,
          191.093204
        ]
      },
      {
        "date": "2025-03-07",
        "close": 187.160004,
        "volume": 5816,
        "typical_volume": 6592.3,
        "trend": 187.858667,
        "fair_value": 177.379808,
        "relative_strength": -9.533092,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.393663,
        "energy": 13.700363,
        "activity_lines": [
          191.944001,
          193.14891,
          193.047715,
          191.061527
        ]
      },
      {
        "date": "2025-03-14",
        "close": 186.770004,
        "volume": 13126,
        "typical_volume": 6698.8,
        "trend": 188.084333,
        "fair_value": 177.538205,
        "relative_strength": -9.735777,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -13.528255,
        "energy": 25.731787,
        "activity_lines": [
          189.882669,
          191.822547,
          192.563477,
          190.991291
        ]
      },
      {
        "date": "2025-03-21",
        "close": 187.990005,
        "volume": 1176,
        "typical_volume": 6399.95,
        "trend": 188.451334,
        "fair_value": 177.697692,
        "relative_strength": -9.90261,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -9.511986,
        "energy": 32.090818,
        "activity_lines": [
          188.83067,
          190.882911,
          192.185335,
          190.985205
        ]
      },
      {
        "date": "2025-03-28",
        "close": 187.929993,
        "volume": 918,
        "typical_volume": 6086.95,
        "trend": 188.739334,
        "fair_value": 177.861474,
        "relative_strength": -9.138385,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -26.227783,
        "energy": 41.73876,
        "activity_lines": [
          188.082667,
          190.098001,
          191.784191,
          190.95157
        ]
      },
      {
        "date": "2025-04-04",
        "close": 185.470001,
        "volume": 2439,
        "typical_volume": 5652.2,
        "trend": 188.960667,
        "fair_value": 177.993654,
        "relative_strength": 0.226616,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -37.352308,
        "energy": 62.881423,
        "activity_lines": [
          186.916,
          189.016001,
          191.142239,
          190.740646
        ]
      },
      {
        "date": "2025-04-11",
        "close": 179.880005,
        "volume": 7156,
        "typical_volume": 5495.4,
        "trend": 188.984667,
        "fair_value": 178.082564,
        "relative_strength": -0.976846,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -63.961476,
        "energy": 76.519645,
        "activity_lines": [
          184.521335,
          187.039638,
          189.989382,
          190.154796
        ]
      },
      {
        "date": "2025-04-18",
        "close": 179.369995,
        "volume": 2154,
        "typical_volume": 5486.1,
        "trend": 189.014,
        "fair_value": 178.166795,
        "relative_strength": -6.483526,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -60.2315,
        "energy": 81.640061,
        "activity_lines": [
          182.441999,
          185.237637,
          188.84981,
          189.534495
        ]
      },
      {
        "date": "2025-04-25",
        "close": 179.699997,
        "volume": 1226,
        "typical_volume": 5144.3,
        "trend": 189.062666,
        "fair_value": 178.227628,
        "relative_strength": -9.576798,
        "stage": 4,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -78.113366,
        "energy": 90.70588,
        "activity_lines": [
          180.965998,
          183.794545,
          187.793477,
          188.933592
        ]
      },
      {
        "date": "2025-05-02",
        "close": 180.270004,
        "volume": 5975,
        "typical_volume": 5343.9,
        "trend": 189.012333,
        "fair_value": 178.298077,
        "relative_strength": -11.392483,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.917375,
        "energy": 87.389591,
        "activity_lines": [
          180.232667,
          182.694182,
          186.840382,
          188.366323
        ]
      },
      {
        "date": "2025-05-09",
        "close": 181.539993,
        "volume": 894,
        "typical_volume": 5160.45,
        "trend": 188.993,
        "fair_value": 178.358205,
        "relative_strength": -12.936418,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -65.970572,
        "energy": 84.332915,
        "activity_lines": [
          180.433331,
          182.073453,
          186.062,
          187.884237
        ]
      },
      {
        "date": "2025-05-16",
        "close": 183.669998,
        "volume": 1005,
        "typical_volume": 5196.15,
        "trend": 188.989333,
        "fair_value": 178.445449,
        "relative_strength": -14.528789,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.215055,
        "energy": 57.111773,
        "activity_lines": [
          181.605998,
          182.084726,
          185.541666,
          187.540817
        ]
      },
      {
        "date": "2025-05-23",
        "close": 180.699997,
        "volume": 192,
        "typical_volume": 5164.25,
        "trend": 188.857667,
        "fair_value": 178.53032,
        "relative_strength": -13.191896,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.198951,
        "energy": 52.338502,
        "activity_lines": [
          181.535997,
          181.619453,
          184.78338,
          187.006021
        ]
      },
      {
        "date": "2025-05-30",
        "close": 180.639999,
        "volume": 1981,
        "typical_volume": 4979.3,
        "trend": 188.733666,
        "fair_value": 178.615384,
        "relative_strength": -14.319062,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.215527,
        "energy": 45.14602,
        "activity_lines": [
          181.357331,
          181.253634,
          184.091475,
          186.475849
        ]
      },
      {
        "date": "2025-06-06",
        "close": 180.130005,
        "volume": 1540,
        "typical_volume": 4580.05,
        "trend": 188.519333,
        "fair_value": 178.676987,
        "relative_strength": -15.399582,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.077029,
        "energy": 50.691324,
        "activity_lines": [
          180.946,
          180.928727,
          183.429381,
          185.920774
        ]
      },
      {
        "date": "2025-06-13",
        "close": 177.660004,
        "volume": 1395,
        "typical_volume": 4392.75,
        "trend": 188.108667,
        "fair_value": 178.716474,
        "relative_strength": -13.749512,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -80.229383,
        "energy": 68.587143,
        "activity_lines": [
          179.720669,
          180.296546,
          182.608524,
          185.220172
        ]
      },
      {
        "date": "2025-06-20",
        "close": 178.320007,
        "volume": 1788,
        "typical_volume": 4251.2,
        "trend": 187.623667,
        "fair_value": 178.768974,
        "relative_strength": -12.658651,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -71.088196,
        "energy": 74.786955,
        "activity_lines": [
          178.974004,
          179.926365,
          181.919667,
          184.588646
        ]
      },
      {
        "date": "2025-06-27",
        "close": 175.649994,
        "volume": 1244,
        "typical_volume": 3909.55,
        "trend": 187.137,
        "fair_value": 178.788654,
        "relative_strength": -14.722794,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.238677,
        "energy": 80.82248,
        "activity_lines": [
          177.694001,
          179.099091,
          181.053905,
          183.816151
        ]
      },
      {
        "date": "2025-07-04",
        "close": 174.759995,
        "volume": 2299,
        "typical_volume": 3863.1,
        "trend": 186.629667,
        "fair_value": 178.77859,
        "relative_strength": -14.602386,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -82.656151,
        "energy": 88.266168,
        "activity_lines": [
          176.453999,
          178.177636,
          180.199381,
          183.017634
        ]
      },
      {
        "date": "2025-07-11",
        "close": 176.240005,
        "volume": 3972,
        "typical_volume": 3214.95,
        "trend": 186.119001,
        "fair_value": 178.76782,
        "relative_strength": -14.597865,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.59454,
        "energy": 85.550894,
        "activity_lines": [
          176.099334,
          177.615091,
          179.571952,
          182.347334
        ]
      },
      {
        "date": "2025-07-18",
        "close": 176.949997,
        "volume": 2195,
        "typical_volume": 2924.55,
        "trend": 185.579667,
        "fair_value": 178.775064,
        "relative_strength": -14.463812,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -65.821286,
        "energy": 80.049251,
        "activity_lines": [
          176.240666,
          177.254909,
          179.096476,
          181.755785
        ]
      },
      {
        "date": "2025-07-25",
        "close": 175.850006,
        "volume": 3111,
        "typical_volume": 2789.3,
        "trend": 185.004667,
        "fair_value": 178.773013,
        "relative_strength": -15.525567,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -67.480462,
        "energy": 75.451264,
        "activity_lines": [
          176.062668,
          176.778183,
          178.602191,
          181.128065
        ]
      },
      {
        "date": "2025-08-01",
        "close": 179.039993,
        "volume": 7185,
        "typical_volume": 2492.25,
        "trend": 184.444667,
        "fair_value": 178.78532,
        "relative_strength": -11.921581,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.202608,
        "energy": 43.087225,
        "activity_lines": [
          177.112666,
          177.023636,
          178.465571,
          180.743247
        ]
      },
      {
        "date": "2025-08-08",
        "close": 177.240005,
        "volume": 7452,
        "typical_volume": 2806.05,
        "trend": 183.782667,
        "fair_value": 178.796731,
        "relative_strength": -15.872294,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -44.755583,
        "energy": 35.658676,
        "activity_lines": [
          177.336668,
          176.972001,
          178.194334,
          180.27843
        ]
      },
      {
        "date": "2025-08-15",
        "close": 177.570007,
        "volume": 816,
        "typical_volume": 2800.95,
        "trend": 183.162,
        "fair_value": 178.786923,
        "relative_strength": -17.347488,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.127805,
        "energy": 30.61343,
        "activity_lines": [
          177.505336,
          177.042183,
          178.005715,
          179.877614
        ]
      },
      {
        "date": "2025-08-22",
        "close": 176.559998,
        "volume": 7188,
        "typical_volume": 3038.4,
        "trend": 182.641334,
        "fair_value": 178.764679,
        "relative_strength": -18.69523,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -45.291149,
        "energy": 28.906658,
        "activity_lines": [
          177.248668,
          176.975274,
          177.770239,
          179.451678
        ]
      },
      {
        "date": "2025-08-29",
        "close": 177.179993,
        "volume": 4071,
        "typical_volume": 2884.15,
        "trend": 182.061667,
        "fair_value": 178.749102,
        "relative_strength": -15.927751,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -41.288676,
        "energy": 29.238825,
        "activity_lines": [
          177.224665,
          177.041091,
          177.636238,
          179.099333
        ]
      },
      {
        "date": "2025-09-05",
        "close": 176.639999,
        "volume": 1565,
        "typical_volume": 2854.7,
        "trend": 181.422667,
        "fair_value": 178.730448,
        "relative_strength": -14.629244,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -53.075253,
        "energy": 33.277364,
        "activity_lines": [
          176.931999,
          177.029454,
          177.463667,
          178.749548
        ]
      },
      {
        "date": "2025-09-12",
        "close": 177.179993,
        "volume": 1071,
        "typical_volume": 2846.95,
        "trend": 180.900333,
        "fair_value": 178.725833,
        "relative_strength": -15.913509,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.242823,
        "energy": 31.478874,
        "activity_lines": [
          176.97933,
          177.097998,
          177.355523,
          178.475827
        ]
      },
      {
        "date": "2025-09-19",
        "close": 176.869995,
        "volume": 2238,
        "typical_volume": 2660.1,
        "trend": 180.331,
        "fair_value": 178.670833,
        "relative_strength": -15.192162,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -49.509565,
        "energy": 29.239957,
        "activity_lines": [
          176.927329,
          177.066179,
          177.229856,
          178.215806
        ]
      },
      {
        "date": "2025-09-26",
        "close": 177.779999,
        "volume": 570,
        "typical_volume": 2643.9,
        "trend": 179.757,
        "fair_value": 178.629615,
        "relative_strength": -15.104187,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -37.033018,
        "energy": 21.613301,
        "activity_lines": [
          177.22533,
          177.188361,
          177.207046,
          178.051225
        ]
      },
      {
        "date": "2025-10-03",
        "close": 177.179993,
        "volume": 1398,
        "typical_volume": 2663.55,
        "trend": 179.424333,
        "fair_value": 178.58282,
        "relative_strength": -16.155876,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -24.680923,
        "energy": 14.645708,
        "activity_lines": [
          177.241995,
          177.18636,
          177.144998,
          177.884966
        ]
      },
      {
        "date": "2025-10-10",
        "close": 179.130005,
        "volume": 802,
        "typical_volume": 2694.05,
        "trend": 179.169666,
        "fair_value": 178.542884,
        "relative_strength": -12.432444,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -3.761442,
        "energy": 6.372042,
        "activity_lines": [
          177.908665,
          177.514725,
          177.29957,
          177.865978
        ]
      },
      {
        "date": "2025-10-17",
        "close": 178.660004,
        "volume": 2235,
        "typical_volume": 2706.75,
        "trend": 178.858666,
        "fair_value": 178.505961,
        "relative_strength": -11.726977,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -5.667818,
        "energy": 11.948118,
        "activity_lines": [
          178.252667,
          177.755999,
          177.416856,
          177.833096
        ]
      },
      {
        "date": "2025-10-24",
        "close": 179.580002,
        "volume": 1101,
        "typical_volume": 2684.8,
        "trend": 178.580333,
        "fair_value": 178.491282,
        "relative_strength": -12.41849,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.306535,
        "energy": 29.01797,
        "activity_lines": [
          178.804668,
          178.138727,
          177.63119,
          177.879634
        ]
      },
      {
        "date": "2025-10-31",
        "close": 180.960007,
        "volume": 3105,
        "typical_volume": 2770.3,
        "trend": 178.43,
        "fair_value": 178.480961,
        "relative_strength": -12.760607,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 39.091907,
        "energy": 55.282129,
        "activity_lines": [
          179.636004,
          178.735819,
          177.979571,
          178.033161
        ]
      },
      {
        "date": "2025-11-07",
        "close": 180.440002,
        "volume": 6271,
        "typical_volume": 2994.45,
        "trend": 178.448666,
        "fair_value": 178.513013,
        "relative_strength": -12.028241,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 40.133631,
        "energy": 60.464321,
        "activity_lines": [
          180.082004,
          179.158365,
          178.262715,
          178.162839
        ]
      },
      {
        "date": "2025-11-14",
        "close": 179.919998,
        "volume": 816,
        "typical_volume": 2973.05,
        "trend": 178.467,
        "fair_value": 178.544872,
        "relative_strength": -13.921081,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 35.319617,
        "energy": 58.171826,
        "activity_lines": [
          180.137335,
          179.427092,
          178.486238,
          178.257763
        ]
      },
      {
        "date": "2025-11-21",
        "close": 181.940002,
        "volume": 2413,
        "typical_volume": 2978.75,
        "trend": 178.541667,
        "fair_value": 178.592756,
        "relative_strength": -9.68891,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 51.413397,
        "energy": 67.673138,
        "activity_lines": [
          180.813335,
          180.003456,
          178.88181,
          178.481828
        ]
      },
      {
        "date": "2025-11-28",
        "close": 180.490005,
        "volume": 7042,
        "typical_volume": 3132.25,
        "trend": 178.549,
        "fair_value": 178.640705,
        "relative_strength": -11.291817,
        "stage": 4,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 61.174157,
        "energy": 62.81234,
        "activity_lines": [
          180.787336,
          180.229639,
          179.105096,
          178.607527
        ]
      },
      {
        "date": "2025-12-05",
        "close": 180.070007,
        "volume": 1943,
        "typical_volume": 3119.65,
        "trend": 178.5,
        "fair_value": 178.690641,
        "relative_strength": -11.172197,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.814195,
        "energy": 44.695748,
        "activity_lines": [
          180.560671,
          180.31364,
          179.268144,
          178.705657
        ]
      },
      {
        "date": "2025-12-12",
        "close": 178.619995,
        "volume": 1463,
        "typical_volume": 3037.25,
        "trend": 178.331667,
        "fair_value": 178.736538,
        "relative_strength": -11.546492,
        "stage": 4,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.563528,
        "energy": 28.372054,
        "activity_lines": [
          179.910001,
          180.092366,
          179.278239,
          178.713398
        ]
      },
      {
        "date": "2025-12-19",
        "close": 179.020004,
        "volume": 1151,
        "typical_volume": 2735.55,
        "trend": 178.275667,
        "fair_value": 178.786154,
        "relative_strength": -13.193692,
        "stage": 4,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.388363,
        "energy": 20.73002,
        "activity_lines": [
          179.514002,
          179.917639,
          179.313239,
          178.757807
        ]
      },
      {
        "date": "2025-12-26",
        "close": 178.169998,
        "volume": 3140,
        "typical_volume": 2519.95,
        "trend": 178.193334,
        "fair_value": 178.836154,
        "relative_strength": -12.709201,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.685176,
        "energy": 20.069416,
        "activity_lines": [
          178.894667,
          179.590365,
          179.267382,
          178.75099
        ]
      },
      {
        "date": "2026-01-02",
        "close": 178.850006,
        "volume": 3143,
        "typical_volume": 2636.3,
        "trend": 178.150667,
        "fair_value": 178.881154,
        "relative_strength": -13.201812,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.125914,
        "energy": 22.062329,
        "activity_lines": [
          178.753335,
          179.395639,
          179.281859,
          178.793356
        ]
      },
      {
        "date": "2026-01-09",
        "close": 180.75,
        "volume": 2724,
        "typical_volume": 2413.1,
        "trend": 178.253667,
        "fair_value": 178.959423,
        "relative_strength": -12.324041,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 44.22,
        "energy": 22.375707,
        "activity_lines": [
          179.354668,
          179.559638,
          179.471192,
          178.961055
        ]
      },
      {
        "date": "2026-01-16",
        "close": 181.380005,
        "volume": 4618,
        "typical_volume": 2440.45,
        "trend": 178.355667,
        "fair_value": 179.042885,
        "relative_strength": -11.627866,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 64.148497,
        "energy": 35.235568,
        "activity_lines": [
          180.12067,
          179.842002,
          179.700573,
          179.162754
        ]
      },
      {
        "date": "2026-01-23",
        "close": 178.990005,
        "volume": 640,
        "typical_volume": 2394.2,
        "trend": 178.467001,
        "fair_value": 179.111923,
        "relative_strength": -10.403288,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.102088,
        "energy": 24.66872,
        "activity_lines": [
          179.906004,
          179.67273,
          179.682336,
          179.203679
        ]
      },
      {
        "date": "2026-01-30",
        "close": 177.309998,
        "volume": 15953,
        "typical_volume": 3138.3,
        "trend": 178.552001,
        "fair_value": 179.16782,
        "relative_strength": -12.052544,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": -4.967562,
        "energy": 7.25998,
        "activity_lines": [
          179.133335,
          179.214911,
          179.492907,
          179.129034
        ]
      },
      {
        "date": "2026-02-06",
        "close": 178.449997,
        "volume": 1782,
        "typical_volume": 3115.5,
        "trend": 178.625667,
        "fair_value": 179.213077,
        "relative_strength": -11.627228,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 5.600042,
        "energy": 9.781039,
        "activity_lines": [
          178.798,
          179.048547,
          179.41143,
          179.122453
        ]
      },
      {
        "date": "2026-02-13",
        "close": 177.789993,
        "volume": 1262,
        "typical_volume": 3150.1,
        "trend": 178.653667,
        "fair_value": 179.251667,
        "relative_strength": -10.635036,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.913213,
        "energy": 27.479425,
        "activity_lines": [
          178.269331,
          178.799272,
          179.259572,
          179.068538
        ]
      },
      {
        "date": "2026-02-20",
        "close": 179.210007,
        "volume": 2934,
        "typical_volume": 3226.9,
        "trend": 178.765667,
        "fair_value": 179.287179,
        "relative_strength": -11.477683,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -15.652402,
        "energy": 24.603506,
        "activity_lines": [
          178.411333,
          178.849637,
          179.242906,
          179.104431
        ]
      },
      {
        "date": "2026-02-27",
        "close": 178.75,
        "volume": 1099,
        "typical_volume": 3241.75,
        "trend": 178.756001,
        "fair_value": 179.323974,
        "relative_strength": -12.597765,
        "stage": 1,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -13.641605,
        "energy": 22.304569,
        "activity_lines": [
          178.544667,
          178.805637,
          179.172763,
          179.10342
        ]
      },
      {
        "date": "2026-03-06",
        "close": 182.779999,
        "volume": 3856,
        "typical_volume": 3322.8,
        "trend": 178.940667,
        "fair_value": 179.392179,
        "relative_strength": -4.135155,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 66.594025,
        "energy": 35.630653,
        "activity_lines": [
          180.037333,
          179.499273,
          179.488239,
          179.363033
        ]
      },
      {
        "date": "2026-03-13",
        "close": 184.940002,
        "volume": 16024,
        "typical_volume": 4068.95,
        "trend": 179.186334,
        "fair_value": 179.474167,
        "relative_strength": -3.079151,
        "stage": 1,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 81.790028,
        "energy": 75.13067,
        "activity_lines": [
          181.885334,
          180.501819,
          179.98981,
          179.750087
        ]
      },
      {
        "date": "2026-03-20",
        "close": 183.110001,
        "volume": 6998,
        "typical_volume": 4263.6,
        "trend": 179.404667,
        "fair_value": 179.552244,
        "relative_strength": -0.491298,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.772228,
        "energy": 76.080283,
        "activity_lines": [
          182.690668,
          181.06091,
          180.291572,
          180.003227
        ]
      },
      {
        "date": "2026-03-27",
        "close": 183.860001,
        "volume": 10494,
        "typical_volume": 4474.75,
        "trend": 179.627334,
        "fair_value": 179.644744,
        "relative_strength": -1.051469,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.232324,
        "energy": 80.995334,
        "activity_lines": [
          183.391334,
          181.713455,
          180.654525,
          180.290668
        ]
      },
      {
        "date": "2026-04-03",
        "close": 183.529999,
        "volume": 3420,
        "typical_volume": 4604.95,
        "trend": 179.857001,
        "fair_value": 179.740192,
        "relative_strength": -5.527096,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.992496,
        "energy": 76.846786,
        "activity_lines": [
          183.672,
          182.260909,
          180.969763,
          180.542453
        ]
      },
      {
        "date": "2026-04-10",
        "close": 180.759995,
        "volume": 3199,
        "typical_volume": 4644.25,
        "trend": 179.976334,
        "fair_value": 179.823141,
        "relative_strength": -10.226577,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.589988,
        "energy": 42.89937,
        "activity_lines": [
          182.710665,
          182.222181,
          181.004,
          180.60071
        ]
      },
      {
        "date": "2026-04-17",
        "close": 179.839996,
        "volume": 1565,
        "typical_volume": 4370.4,
        "trend": 180.075334,
        "fair_value": 179.897885,
        "relative_strength": -12.466851,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 30.624938,
        "energy": 19.659172,
        "activity_lines": [
          181.577331,
          181.953453,
          180.956238,
          180.591914
        ]
      },
      {
        "date": "2026-04-24",
        "close": 181.460007,
        "volume": 673,
        "typical_volume": 4306.9,
        "trend": 180.198001,
        "fair_value": 179.988141,
        "relative_strength": -9.012497,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.582171,
        "energy": 20.075046,
        "activity_lines": [
          181.324,
          181.954,
          181.065857,
          180.681248
        ]
      },
      {
        "date": "2026-05-01",
        "close": 181.229996,
        "volume": 686,
        "typical_volume": 4268.05,
        "trend": 180.333001,
        "fair_value": 180.073846,
        "relative_strength": -9.846788,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.099845,
        "energy": 23.642116,
        "activity_lines": [
          181.103999,
          181.845999,
          181.146952,
          180.747828
        ]
      },
      {
        "date": "2026-05-08",
        "close": 180.720001,
        "volume": 1296,
        "typical_volume": 4275.3,
        "trend": 180.386001,
        "fair_value": 180.13968,
        "relative_strength": -11.619288,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.496862,
        "energy": 19.258697,
        "activity_lines": [
          180.889333,
          181.608545,
          181.167048,
          180.772796
        ]
      },
      {
        "date": "2026-05-15",
        "close": 183.149994,
        "volume": 2158,
        "typical_volume": 4226.2,
        "trend": 180.535667,
        "fair_value": 180.215577,
        "relative_strength": -9.783741,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.098215,
        "energy": 22.275825,
        "activity_lines": [
          181.671998,
          181.777089,
          181.410475,
          180.951118
        ]
      },
      {
        "date": "2026-05-22",
        "close": 183.600006,
        "volume": 2128,
        "typical_volume": 4175.45,
        "trend": 180.669668,
        "fair_value": 180.284295,
        "relative_strength": -9.91925,
        "stage": 1,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 59.597879,
        "energy": 37.158025,
        "activity_lines": [
          182.445334,
          182.020727,
          181.673047,
          181.148817
        ]
      },
      {
        "date": "2026-05-29",
        "close": 182.559998,
        "volume": 3345,
        "typical_volume": 4206.5,
        "trend": 180.723001,
        "fair_value": 180.345256,
        "relative_strength": -11.014557,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.977595,
        "energy": 38.22288,
        "activity_lines": [
          182.621333,
          182.099636,
          181.813952,
          181.270774
        ]
      },
      {
        "date": "2026-06-05",
        "close": 184.75,
        "volume": 79,
        "typical_volume": 3979.55,
        "trend": 180.866667,
        "fair_value": 180.421923,
        "relative_strength": -9.37537,
        "stage": 1,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.045156,
        "energy": 67.817612,
        "activity_lines": [
          183.454,
          182.586727,
          182.154809,
          181.530581
        ]
      },
      {
        "date": "2026-06-12",
        "close": 184.289993,
        "volume": 526,
        "typical_volume": 3973.85,
        "trend": 181.012334,
        "fair_value": 180.512179,
        "relative_strength": -12.033325,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.231134,
        "energy": 71.578279,
        "activity_lines": [
          183.898664,
          182.973998,
          182.435809,
          181.75144
        ]
      },
      {
        "date": "2026-06-19",
        "close": 186.210007,
        "volume": 832,
        "typical_volume": 3217.8,
        "trend": 181.154667,
        "fair_value": 180.608846,
        "relative_strength": -12.970258,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.655932,
        "energy": 82.179827,
        "activity_lines": [
          184.745334,
          183.696545,
          182.874428,
          182.086774
        ]
      },
      {
        "date": "2026-06-26",
        "close": 187.410004,
        "volume": 2090,
        "typical_volume": 3233.2,
        "trend": 181.385334,
        "fair_value": 180.715513,
        "relative_strength": -9.374107,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.620661,
        "energy": 90.63233,
        "activity_lines": [
          185.788002,
          184.538183,
          183.384953,
          182.490344
        ]
      },
      {
        "date": "2026-07-03",
        "close": 187.009995,
        "volume": 767,
        "typical_volume": 3208.45,
        "trend": 181.616667,
        "fair_value": 180.822179,
        "relative_strength": -11.862574,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.260827,
        "energy": 89.978615,
        "activity_lines": [
          186.443333,
          185.169454,
          183.814714,
          182.853226
        ]
      },
      {
        "date": "2026-07-10",
        "close": 187.259995,
        "volume": 3163,
        "typical_volume": 3219.9,
        "trend": 181.904667,
        "fair_value": 180.957692,
        "relative_strength": -11.043891,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.793951,
        "energy": 90.478358,
        "activity_lines": [
          186.885332,
          185.745272,
          184.22438,
          183.217311
        ]
      },
      {
        "date": "2026-07-17",
        "close": 187.199997,
        "volume": 2975,
        "typical_volume": 3313.7,
        "trend": 182.177333,
        "fair_value": 181.080449,
        "relative_strength": -9.477768,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.351901,
        "energy": 88.121525,
        "activity_lines": [
          187.139998,
          186.200544,
          184.589999,
          183.558946
        ]
      },
      {
        "date": "2026-07-24",
        "close": 188.229996,
        "volume": 5840,
        "typical_volume": 3412.9,
        "trend": 182.512666,
        "fair_value": 181.2,
        "relative_strength": -8.537201,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.341842,
        "energy": 90.6404,
        "activity_lines": [
          187.543996,
          186.725271,
          185.013475,
          183.94944
        ]
      },
      {
        "date": "2026-07-31",
        "close": 186.440002,
        "volume": 8872,
        "typical_volume": 3055.3,
        "trend": 182.765666,
        "fair_value": 181.307372,
        "relative_strength": -9.653694,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.970964,
        "energy": 62.202003,
        "activity_lines": [
          187.216665,
          186.83218,
          185.240523,
          184.202816
        ]
      },
      {
        "date": "2026-08-07",
        "close": 185.720001,
        "volume": 8341,
        "typical_volume": 3122.45,
        "trend": 182.931333,
        "fair_value": 181.401346,
        "relative_strength": -12.247776,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 52.786237,
        "energy": 48.879798,
        "activity_lines": [
          186.713999,
          186.756544,
          185.391856,
          184.393419
        ]
      }
    ],
    "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."
    }
  }
}