{
  "ticker": {
    "uuid": "654d8caf-d17d-4310-9c0d-8f54e49c0fcc",
    "symbol": "AM29",
    "name": "Amundi EURO STOXX 50 UCITS ETF",
    "exchange": "VIE",
    "country": "AT",
    "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": "^ATX",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2a",
    "phase_label": "Stage 2A \u00b7 Early advance",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 86.725,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 85.807,
    "architecture_energy": 73.399,
    "architecture_maturity": 32.586,
    "architecture_confidence": 74.551,
    "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": 8.57,
        "rotation_up": 64.13,
        "upward_expansion": 87.1,
        "deceleration": 53.08,
        "rotation_down": 22.84,
        "downward_expansion": 13.77
      },
      "activity_lines": [
        103.084001,
        102.29491,
        100.043476,
        98.180086
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": 0.666667
    },
    "latest_close": 105.620003,
    "trend_reference": 96.378,
    "distance_from_trend": 0.095893,
    "trend_direction": "Improving",
    "fair_value": 82.204604,
    "distance_from_fair_value": 0.284843,
    "fair_value_direction": "Improving",
    "relative_strength": -7.309892,
    "relative_strength_direction": "Improving",
    "price_momentum": 0.115901,
    "excess_performance": -0.058346,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.095893,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.039132,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.284843,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.105797,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.073099,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": true,
        "value": 0.025065,
        "read": "Improving"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.115901,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": null,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 0,
      "relative_activity": null,
      "balance": null,
      "dry_up": null,
      "accumulation_observations": 0,
      "distribution_observations": 0
    },
    "risk": {
      "range_context": 0.022184,
      "annualized_volatility": 0.181195,
      "from_high_reference": -0.003021,
      "from_low_reference": 0.266792
    },
    "levels": {
      "trend_reference": 96.378,
      "fair_value_reference": 82.204604,
      "structural_low": 85.599998,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 13,
        "median_return": 0.006708,
        "positive_rate": 0.538462,
        "directional_follow_through": 0.538462,
        "median_excess_return": -0.014353,
        "regime_survival": 0.923077,
        "best_return": 0.057236,
        "worst_return": -0.041733,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.032804,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.046515,
        "regime_survival": 0.75,
        "best_return": 0.088037,
        "worst_return": -0.000578,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 2,
        "median_return": 0.07656,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.102975,
        "regime_survival": 0.5,
        "best_return": 0.089152,
        "worst_return": 0.063968,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.158822,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.230191,
        "regime_survival": 0.0,
        "best_return": 0.158822,
        "worst_return": 0.158822,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-16",
        "end": "2025-05-23",
        "tenure": "New",
        "return": -0.019754,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-30",
        "end": "2026-03-13",
        "tenure": "Extended",
        "return": 0.075778,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-03-27",
        "tenure": "New",
        "return": 0.00471,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-04-03",
        "end": "2026-04-17",
        "tenure": "New",
        "return": 0.068439,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-04-24",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": 0.041476,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-06-05",
        "end": "2026-08-07",
        "tenure": "Developing",
        "return": 0.079518,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-11-03",
        "close": 59.963634,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 62.270988,
        "volume": 2,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 64.698334,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 65.92585,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 67.568687,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 67.864029,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 67.437096,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 67.370682,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 66.640144,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 66.327057,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 66.440903,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 69.230232,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 69.476906,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 70.482574,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 71.241577,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 71.421837,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 73.110611,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 74.287071,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 74.856316,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 75.757622,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 76.298409,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 75.169403,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 74.249115,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 73.822174,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 75.605827,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 74.438858,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 77.161774,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 77.114334,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 76.905609,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 76.051735,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 77.484344,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 74.011932,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 75.084015,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 74.732971,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 76.0802,
        "volume": 128,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 77.285103,
        "volume": 63,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 73.8032,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 74.486298,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 70.994904,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 71.53569,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 74.106796,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 75.150421,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 75.937881,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 72.436996,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 74.135262,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 74.619125,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 77.626663,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 75.918907,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 76.63047,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 76.355339,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 75.71019,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 74.82785,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 73.62294,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 73.566017,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 73.509094,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 73.879105,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-06",
        "close": 76.516624,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-13",
        "close": 76.297119,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-20",
        "close": 74.824799,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-12-27",
        "close": 75.234329,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-03",
        "close": 74.893051,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-10",
        "close": 77.350166,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-17",
        "close": 79.241745,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-24",
        "close": 80.363045,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-01-31",
        "close": 81.318596,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-07",
        "close": 81.932869,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-14",
        "close": 84.623985,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-21",
        "close": 84.321724,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-02-28",
        "close": 84.048706,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-07",
        "close": 84.555733,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-14",
        "close": 83.210175,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-21",
        "close": 83.717201,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-03-28",
        "close": 82.23513,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-04",
        "close": 75.887604,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-11",
        "close": 74.035019,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-18",
        "close": 76.384872,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-04-25",
        "close": 80.041283,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-02",
        "close": 82.020622,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-09",
        "close": 82.878662,
        "volume": 0,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2025-05-16",
        "close": 84.896996,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 78.864842,
        "fair_value": 74.919389,
        "relative_strength": -6.753985,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 60.224306,
        "energy": 46.659095,
        "activity_lines": [
          82.568595,
          80.740302,
          81.189003,
          80.327615
        ]
      },
      {
        "date": "2025-05-23",
        "close": 83.219925,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 79.115166,
        "fair_value": 75.021865,
        "relative_strength": -7.326684,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Emerging rotation",
        "gate": "up",
        "direction": 45.863769,
        "energy": 43.349292,
        "activity_lines": [
          83.227075,
          81.229241,
          81.410152,
          80.608588
        ]
      },
      {
        "date": "2025-05-30",
        "close": 84.292473,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 79.430654,
        "fair_value": 75.134921,
        "relative_strength": -6.911506,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.686523,
        "energy": 63.681902,
        "activity_lines": [
          83.7874,
          81.913012,
          81.693797,
          80.942608
        ]
      },
      {
        "date": "2025-06-06",
        "close": 85.277267,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 79.819131,
        "fair_value": 75.257118,
        "relative_strength": -6.116224,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.652416,
        "energy": 70.804062,
        "activity_lines": [
          84.392577,
          82.765378,
          82.038173,
          81.319809
        ]
      },
      {
        "date": "2025-06-13",
        "close": 83.132172,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 80.138003,
        "fair_value": 75.350869,
        "relative_strength": -6.340936,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.579031,
        "energy": 46.425347,
        "activity_lines": [
          84.065613,
          83.172414,
          82.149513,
          81.533554
        ]
      },
      {
        "date": "2025-06-20",
        "close": 82.186378,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 80.427246,
        "fair_value": 75.431287,
        "relative_strength": -6.799244,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.763246,
        "energy": 33.850864,
        "activity_lines": [
          83.406483,
          83.275768,
          82.157592,
          81.665707
        ]
      },
      {
        "date": "2025-06-27",
        "close": 83.639191,
        "volume": 63,
        "typical_volume": 3.15,
        "trend": 80.752582,
        "fair_value": 75.526727,
        "relative_strength": -6.803116,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 43.479429,
        "energy": 27.474743,
        "activity_lines": [
          83.412333,
          83.495064,
          82.299902,
          81.872929
        ]
      },
      {
        "date": "2025-07-04",
        "close": 83.190674,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 80.97505,
        "fair_value": 75.614819,
        "relative_strength": -6.43618,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 39.838786,
        "energy": 21.486667,
        "activity_lines": [
          83.240725,
          83.500914,
          82.39137,
          82.030225
        ]
      },
      {
        "date": "2025-07-11",
        "close": 84.682487,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 81.254563,
        "fair_value": 75.71786,
        "relative_strength": -6.684425,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 52.176019,
        "energy": 28.727058,
        "activity_lines": [
          83.639842,
          83.720742,
          82.631741,
          82.269415
        ]
      },
      {
        "date": "2025-07-18",
        "close": 84.331474,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 81.571452,
        "fair_value": 75.814643,
        "relative_strength": -7.003922,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 57.863864,
        "energy": 40.868039,
        "activity_lines": [
          83.961607,
          83.828351,
          82.836965,
          82.467925
        ]
      },
      {
        "date": "2025-07-25",
        "close": 84.331474,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 81.87469,
        "fair_value": 75.909274,
        "relative_strength": -8.672017,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.488376,
        "energy": 47.637876,
        "activity_lines": [
          84.203418,
          83.909546,
          83.040842,
          82.645991
        ]
      },
      {
        "date": "2025-08-01",
        "close": 81.572105,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 82.097325,
        "fair_value": 75.971503,
        "relative_strength": -9.156113,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 26.734163,
        "energy": 18.272639,
        "activity_lines": [
          83.382433,
          83.499319,
          82.982989,
          82.62647
        ]
      },
      {
        "date": "2025-08-08",
        "close": 84.282722,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 82.32841,
        "fair_value": 76.061842,
        "relative_strength": -11.191815,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.543836,
        "energy": 22.874822,
        "activity_lines": [
          83.602792,
          83.611892,
          83.191091,
          82.767463
        ]
      },
      {
        "date": "2025-08-15",
        "close": 85.969543,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 82.55267,
        "fair_value": 76.168377,
        "relative_strength": -11.529607,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.724303,
        "energy": 36.164972,
        "activity_lines": [
          84.312623,
          84.031337,
          83.55715,
          83.002375
        ]
      },
      {
        "date": "2025-08-22",
        "close": 86.496071,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 82.757104,
        "fair_value": 76.278246,
        "relative_strength": -9.676007,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.742655,
        "energy": 50.252047,
        "activity_lines": [
          85.112158,
          84.533928,
          83.955571,
          83.256788
        ]
      },
      {
        "date": "2025-08-29",
        "close": 84.243721,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 82.854609,
        "fair_value": 76.362093,
        "relative_strength": -8.564733,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 55.79898,
        "energy": 56.319796,
        "activity_lines": [
          85.016604,
          84.565839,
          84.088967,
          83.352698
        ]
      },
      {
        "date": "2025-09-05",
        "close": 84.292473,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 82.933262,
        "fair_value": 76.444701,
        "relative_strength": -8.010896,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.1177,
        "energy": 52.360499,
        "activity_lines": [
          84.943151,
          84.569207,
          84.178392,
          83.445464
        ]
      },
      {
        "date": "2025-09-12",
        "close": 84.818993,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 82.939762,
        "fair_value": 76.531034,
        "relative_strength": -8.233426,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 52.078481,
        "energy": 37.270948,
        "activity_lines": [
          84.863847,
          84.656429,
          84.280307,
          83.567124
        ]
      },
      {
        "date": "2025-09-19",
        "close": 85.989052,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 82.99534,
        "fair_value": 76.627544,
        "relative_strength": -6.393606,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.886342,
        "energy": 34.365813,
        "activity_lines": [
          85.138811,
          84.926783,
          84.470905,
          83.763852
        ]
      },
      {
        "date": "2025-09-26",
        "close": 86.652077,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 83.082119,
        "fair_value": 76.728802,
        "relative_strength": -5.94663,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.674297,
        "energy": 45.984907,
        "activity_lines": [
          85.633483,
          85.293931,
          84.705752,
          83.999771
        ]
      },
      {
        "date": "2025-10-03",
        "close": 89.118935,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 83.234226,
        "fair_value": 76.852704,
        "relative_strength": -5.142346,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.136261,
        "energy": 75.379226,
        "activity_lines": [
          86.94004,
          86.067406,
          85.157568,
          84.389243
        ]
      },
      {
        "date": "2025-10-10",
        "close": 87.363853,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 83.372682,
        "fair_value": 76.956774,
        "relative_strength": -4.986199,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.405952,
        "energy": 73.84955,
        "activity_lines": [
          87.336556,
          86.43473,
          85.422129,
          84.65567
        ]
      },
      {
        "date": "2025-10-17",
        "close": 88.533913,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 83.533239,
        "fair_value": 77.070276,
        "relative_strength": -1.691577,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.59633,
        "energy": 78.286573,
        "activity_lines": [
          87.918333,
          86.909488,
          85.778392,
          84.988653
        ]
      },
      {
        "date": "2025-10-24",
        "close": 89.567459,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 83.77765,
        "fair_value": 77.191608,
        "relative_strength": -2.232061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.139234,
        "energy": 83.306074,
        "activity_lines": [
          88.596964,
          87.494869,
          86.21289,
          85.377958
        ]
      },
      {
        "date": "2025-10-31",
        "close": 89.440704,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 84.22942,
        "fair_value": 77.309387,
        "relative_strength": -5.009593,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.69714,
        "energy": 80.934047,
        "activity_lines": [
          88.994782,
          87.991787,
          86.614886,
          85.743316
        ]
      },
      {
        "date": "2025-11-07",
        "close": 87.978142,
        "volume": 0,
        "typical_volume": 3.15,
        "trend": 84.69419,
        "fair_value": 77.410995,
        "relative_strength": -5.294372,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.169019,
        "energy": 65.44929,
        "activity_lines": [
          88.719172,
          88.169246,
          86.847551,
          85.985169
        ]
      },
      {
        "date": "2025-11-14",
        "close": 90.006226,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 85.148236,
        "fair_value": 77.529818,
        "relative_strength": -4.891097,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.556121,
        "energy": 64.570653,
        "activity_lines": [
          89.195643,
          88.647549,
          87.245786,
          86.327881
        ]
      },
      {
        "date": "2025-11-21",
        "close": 87.237106,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 85.388096,
        "fair_value": 77.62054,
        "relative_strength": -6.34157,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 58.463793,
        "energy": 42.408381,
        "activity_lines": [
          88.572915,
          88.518489,
          87.349977,
          86.462647
        ]
      },
      {
        "date": "2025-11-28",
        "close": 89.684464,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 85.643558,
        "fair_value": 77.732243,
        "relative_strength": -7.682617,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.775876,
        "energy": 43.844181,
        "activity_lines": [
          88.852427,
          88.790438,
          87.667981,
          86.739832
        ]
      },
      {
        "date": "2025-12-05",
        "close": 90.610748,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 85.901294,
        "fair_value": 77.850394,
        "relative_strength": -7.729343,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.25661,
        "energy": 50.386323,
        "activity_lines": [
          89.432901,
          89.163612,
          88.050383,
          87.060296
        ]
      },
      {
        "date": "2025-12-12",
        "close": 90.610001,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 86.091727,
        "fair_value": 77.966391,
        "relative_strength": -7.826079,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.274512,
        "energy": 48.011117,
        "activity_lines": [
          89.935122,
          89.464675,
          88.402812,
          87.364083
        ]
      },
      {
        "date": "2025-12-19",
        "close": 91.290001,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 86.36073,
        "fair_value": 78.086423,
        "relative_strength": -9.156482,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.088933,
        "energy": 68.098142,
        "activity_lines": [
          90.488552,
          89.862264,
          88.790106,
          87.699456
        ]
      },
      {
        "date": "2025-12-26",
        "close": 90.989998,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 86.583981,
        "fair_value": 78.201634,
        "relative_strength": -9.366399,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.532454,
        "energy": 68.751869,
        "activity_lines": [
          90.856397,
          90.133923,
          89.102553,
          87.998118
        ]
      },
      {
        "date": "2026-01-02",
        "close": 92.610001,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 86.828405,
        "fair_value": 78.329141,
        "relative_strength": -9.261988,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.770002,
        "energy": 78.612084,
        "activity_lines": [
          91.51405,
          90.655471,
          89.537346,
          88.386894
        ]
      },
      {
        "date": "2026-01-09",
        "close": 94.93,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 87.221666,
        "fair_value": 78.474763,
        "relative_strength": -7.538281,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.954501,
        "energy": 90.160877,
        "activity_lines": [
          92.75,
          91.543518,
          90.16147,
          88.909577
        ]
      },
      {
        "date": "2026-01-16",
        "close": 95.449997,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 87.663787,
        "fair_value": 78.622374,
        "relative_strength": -7.844441,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.479129,
        "energy": 93.541014,
        "activity_lines": [
          93.871332,
          92.426305,
          90.794956,
          89.440437
        ]
      },
      {
        "date": "2026-01-23",
        "close": 94.160004,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 88.014481,
        "fair_value": 78.756319,
        "relative_strength": -9.541673,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.375377,
        "energy": 85.622784,
        "activity_lines": [
          94.240001,
          92.938696,
          91.252222,
          89.859548
        ]
      },
      {
        "date": "2026-01-30",
        "close": 94.309998,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 88.385125,
        "fair_value": 78.889256,
        "relative_strength": -10.398133,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.737423,
        "energy": 80.007123,
        "activity_lines": [
          94.467333,
          93.402836,
          91.676786,
          90.26571
        ]
      },
      {
        "date": "2026-02-06",
        "close": 94.650002,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 88.717375,
        "fair_value": 79.022822,
        "relative_strength": -10.633538,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.558006,
        "energy": 61.760332,
        "activity_lines": [
          94.586667,
          93.800196,
          92.088535,
          90.669896
        ]
      },
      {
        "date": "2026-02-13",
        "close": 94.970001,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 89.071993,
        "fair_value": 79.156832,
        "relative_strength": -9.288991,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.727462,
        "energy": 60.277382,
        "activity_lines": [
          94.676667,
          94.165455,
          92.489518,
          91.073291
        ]
      },
      {
        "date": "2026-02-20",
        "close": 97.18,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 89.500277,
        "fair_value": 79.307025,
        "relative_strength": -9.751339,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.234173,
        "energy": 69.619367,
        "activity_lines": [
          95.500667,
          94.853273,
          93.061367,
          91.596389
        ]
      },
      {
        "date": "2026-02-27",
        "close": 97.580002,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 90.033874,
        "fair_value": 79.458041,
        "relative_strength": -7.396935,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.674663,
        "energy": 82.937017,
        "activity_lines": [
          96.342668,
          95.494364,
          93.632927,
          92.117661
        ]
      },
      {
        "date": "2026-03-06",
        "close": 90.699997,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 90.247783,
        "fair_value": 79.550188,
        "relative_strength": -8.901516,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 33.373144,
        "energy": 35.765564,
        "activity_lines": [
          94.663333,
          94.770182,
          93.500599,
          92.160637
        ]
      },
      {
        "date": "2026-03-13",
        "close": 90.68,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 90.404798,
        "fair_value": 79.640675,
        "relative_strength": -6.280379,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 21.85384,
        "energy": 16.360707,
        "activity_lines": [
          93.218,
          94.047636,
          93.356052,
          92.188522
        ]
      },
      {
        "date": "2026-03-20",
        "close": 87.050003,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 90.423262,
        "fair_value": 79.700427,
        "relative_strength": -8.573032,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -19.631257,
        "energy": 30.611355,
        "activity_lines": [
          90.827334,
          92.700182,
          92.860493,
          91.972083
        ]
      },
      {
        "date": "2026-03-27",
        "close": 87.459999,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 90.530472,
        "fair_value": 79.762504,
        "relative_strength": -9.170864,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -35.717718,
        "energy": 44.812742,
        "activity_lines": [
          89.101334,
          91.570546,
          92.415366,
          91.780905
        ]
      },
      {
        "date": "2026-04-03",
        "close": 90.300003,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 90.730723,
        "fair_value": 79.846135,
        "relative_strength": -9.081366,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -23.487548,
        "energy": 38.257993,
        "activity_lines": [
          88.970001,
          91.102546,
          92.243183,
          91.766036
        ]
      },
      {
        "date": "2026-04-10",
        "close": 94.43,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 91.05109,
        "fair_value": 79.960968,
        "relative_strength": -10.401644,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -2.622032,
        "energy": 19.104121,
        "activity_lines": [
          90.700668,
          91.455637,
          92.462934,
          92.004699
        ]
      },
      {
        "date": "2026-04-17",
        "close": 96.480003,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 91.400788,
        "fair_value": 80.090023,
        "relative_strength": -10.354595,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 48.495375,
        "energy": 23.060093,
        "activity_lines": [
          92.866002,
          92.179274,
          92.843671,
          92.354952
        ]
      },
      {
        "date": "2026-04-24",
        "close": 93.790001,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 91.638719,
        "fair_value": 80.196225,
        "relative_strength": -9.437869,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 37.003073,
        "energy": 30.14958,
        "activity_lines": [
          93.748001,
          92.380547,
          92.935858,
          92.509095
        ]
      },
      {
        "date": "2026-05-01",
        "close": 93.910004,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 91.798421,
        "fair_value": 80.301715,
        "relative_strength": -9.604056,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 40.435883,
        "energy": 34.345755,
        "activity_lines": [
          94.220669,
          92.625093,
          93.024334,
          92.655629
        ]
      },
      {
        "date": "2026-05-08",
        "close": 94.809998,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 92.046626,
        "fair_value": 80.412466,
        "relative_strength": -9.816374,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 44.469256,
        "energy": 33.24392,
        "activity_lines": [
          94.563334,
          93.092728,
          93.18281,
          92.849924
        ]
      },
      {
        "date": "2026-05-15",
        "close": 93.82,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 92.222829,
        "fair_value": 80.514038,
        "relative_strength": -10.095168,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 48.69349,
        "energy": 34.481474,
        "activity_lines": [
          94.275334,
          93.430728,
          93.230239,
          92.964336
        ]
      },
      {
        "date": "2026-05-22",
        "close": 97.099998,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 92.473913,
        "fair_value": 80.638744,
        "relative_strength": -8.590159,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 64.02772,
        "energy": 40.019364,
        "activity_lines": [
          95.121333,
          94.308364,
          93.576572,
          93.278992
        ]
      },
      {
        "date": "2026-05-29",
        "close": 97.68,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 92.748557,
        "fair_value": 80.765918,
        "relative_strength": -10.221609,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 64.958626,
        "energy": 48.964197,
        "activity_lines": [
          96.119333,
          95.174728,
          93.956762,
          93.614868
        ]
      },
      {
        "date": "2026-06-05",
        "close": 97.839996,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 93.077285,
        "fair_value": 80.892392,
        "relative_strength": -8.812361,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.429868,
        "energy": 60.759032,
        "activity_lines": [
          96.911331,
          95.876909,
          94.339095,
          93.943348
        ]
      },
      {
        "date": "2026-06-12",
        "close": 99.709999,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 93.400744,
        "fair_value": 81.030757,
        "relative_strength": -9.349008,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.337848,
        "energy": 74.67594,
        "activity_lines": [
          98.064665,
          96.730363,
          94.888143,
          94.371265
        ]
      },
      {
        "date": "2026-06-19",
        "close": 101.800003,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 93.886174,
        "fair_value": 81.182358,
        "relative_strength": -10.933233,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.770672,
        "energy": 83.261066,
        "activity_lines": [
          99.588,
          97.792727,
          95.60981,
          94.913153
        ]
      },
      {
        "date": "2026-06-26",
        "close": 100.099998,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 94.233358,
        "fair_value": 81.319442,
        "relative_strength": -10.435834,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.926025,
        "energy": 79.710314,
        "activity_lines": [
          100.012666,
          98.411999,
          96.133905,
          95.314045
        ]
      },
      {
        "date": "2026-07-03",
        "close": 103.440002,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 94.661,
        "fair_value": 81.478583,
        "relative_strength": -9.377502,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.763124,
        "energy": 89.364733,
        "activity_lines": [
          101.350667,
          99.572727,
          96.950143,
          95.908022
        ]
      },
      {
        "date": "2026-07-10",
        "close": 101.360001,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 95.019334,
        "fair_value": 81.620593,
        "relative_strength": -9.764904,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.684786,
        "energy": 82.359026,
        "activity_lines": [
          101.611334,
          100.179818,
          97.527953,
          96.340215
        ]
      },
      {
        "date": "2026-07-17",
        "close": 100.760002,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 95.335,
        "fair_value": 81.756333,
        "relative_strength": -8.305769,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.353657,
        "energy": 72.288636,
        "activity_lines": [
          101.437335,
          100.542364,
          98.028715,
          96.710581
        ]
      },
      {
        "date": "2026-07-24",
        "close": 101.519997,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 95.686,
        "fair_value": 81.895514,
        "relative_strength": -8.640586,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.824911,
        "energy": 63.383876,
        "activity_lines": [
          101.446667,
          100.934909,
          98.586714,
          97.109613
        ]
      },
      {
        "date": "2026-07-31",
        "close": 102.68,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 96.021667,
        "fair_value": 82.04086,
        "relative_strength": -7.377329,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.562943,
        "energy": 57.092341,
        "activity_lines": [
          101.861333,
          101.398364,
          99.203667,
          97.560839
        ]
      },
      {
        "date": "2026-08-07",
        "close": 105.620003,
        "volume": 0,
        "typical_volume": 0.0,
        "trend": 96.378,
        "fair_value": 82.204604,
        "relative_strength": -7.309892,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.806528,
        "energy": 73.399215,
        "activity_lines": [
          103.084001,
          102.29491,
          100.043476,
          98.180086
        ]
      }
    ],
    "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."
    }
  }
}