{
  "ticker": {
    "uuid": "6d024412-975b-49e5-806d-3f374a4ce0cd",
    "symbol": "CBAV",
    "name": "Cl\u00ednica Baviera, S.A.",
    "exchange": "MCE",
    "country": "ES",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^IBEX",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Re-accelerating",
    "architecture_gate": "up",
    "architecture_direction": 78.354,
    "architecture_energy": 67.993,
    "architecture_maturity": 37.207,
    "architecture_confidence": 85.688,
    "architecture_tenure": "Established",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding upward.",
        "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing."
      },
      "scores": {
        "balance": 11.34,
        "rotation_up": 64.95,
        "upward_expansion": 86.56,
        "deceleration": 48.72,
        "rotation_down": 17.87,
        "downward_expansion": 13.23
      },
      "activity_lines": [
        59.253334,
        58.335283,
        56.686681,
        55.26204
      ],
      "activity_state": "Wide",
      "activity_direction": "Expanding",
      "rotation_direction": "Improving",
      "price_acceptance": 0.666667
    },
    "latest_close": 61.400002,
    "trend_reference": 53.855485,
    "distance_from_trend": 0.140088,
    "trend_direction": "Improving",
    "fair_value": 35.912444,
    "distance_from_fair_value": 0.709714,
    "fair_value_direction": "Improving",
    "relative_strength": 5.712589,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.104317,
    "excess_performance": -0.020114,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.140088,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.077739,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.709714,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.043341,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.057126,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.005728,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.104317,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": false,
        "value": 0.99829,
        "read": "Supply-led"
      }
    ],
    "volume": {
      "latest": 10165,
      "relative_activity": 0.873443,
      "balance": 0.99829,
      "dry_up": 0.817956,
      "accumulation_observations": 1,
      "distribution_observations": 4
    },
    "risk": {
      "range_context": 0.045927,
      "annualized_volatility": 0.246783,
      "from_high_reference": -0.009677,
      "from_low_reference": 0.531172
    },
    "levels": {
      "trend_reference": 53.855485,
      "fair_value_reference": 35.912444,
      "structural_low": 45.960803,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 41,
        "median_return": 0.018223,
        "positive_rate": 0.585366,
        "directional_follow_through": 0.585366,
        "median_excess_return": 0.015807,
        "regime_survival": 0.780488,
        "best_return": 0.16223,
        "worst_return": -0.153912,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": 0.075968,
        "positive_rate": 0.785714,
        "directional_follow_through": 0.785714,
        "median_excess_return": 0.071795,
        "regime_survival": 0.642857,
        "best_return": 0.272321,
        "worst_return": -0.146939,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.178505,
        "positive_rate": 0.875,
        "directional_follow_through": 0.875,
        "median_excess_return": 0.075214,
        "regime_survival": 0.625,
        "best_return": 0.232558,
        "worst_return": -0.029916,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.402781,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": 0.212152,
        "regime_survival": 0.5,
        "best_return": 0.476414,
        "worst_return": 0.104683,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2023-06-16",
        "end": "2023-07-14",
        "tenure": "Developing",
        "return": 0.08,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-07-21",
        "end": "2023-09-29",
        "tenure": "Developing",
        "return": 0.094737,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2023-10-06",
        "end": "2023-12-01",
        "tenure": "Developing",
        "return": 0.083744,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-08",
        "end": "2024-06-14",
        "tenure": "Extended",
        "return": 0.241071,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-06-21",
        "end": "2024-07-12",
        "tenure": "New",
        "return": 0.143369,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2024-11-15",
        "tenure": "Established",
        "return": 0.209459,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-11-22",
        "end": "2024-12-27",
        "tenure": "Developing",
        "return": -0.123563,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-01-03",
        "end": "2025-01-10",
        "tenure": "New",
        "return": 0.006098,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-17",
        "end": "2025-05-09",
        "tenure": "Established",
        "return": 0.162577,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-16",
        "end": "2025-09-26",
        "tenure": "Established",
        "return": 0.146677,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-10-03",
        "end": "2025-12-05",
        "tenure": "Developing",
        "return": 0.158537,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-12",
        "end": "2026-03-06",
        "tenure": "Established",
        "return": 0.074627,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-13",
        "end": "2026-05-08",
        "tenure": "Developing",
        "return": 0.065392,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-15",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.130026,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 20.151737,
        "volume": 16607,
        "typical_volume": 22011.85,
        "trend": 16.937592,
        "fair_value": 14.576423,
        "relative_strength": 15.93871,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.102542,
        "energy": 94.902278,
        "activity_lines": [
          19.296816,
          18.476313,
          17.682398,
          17.334368
        ]
      },
      {
        "date": "2023-08-25",
        "close": 19.602144,
        "volume": 7010,
        "typical_volume": 22194.65,
        "trend": 17.042801,
        "fair_value": 14.656243,
        "relative_strength": 12.049549,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.437977,
        "energy": 88.04677,
        "activity_lines": [
          19.547185,
          18.796908,
          17.910035,
          17.506275
        ]
      },
      {
        "date": "2023-09-01",
        "close": 19.693745,
        "volume": 6601,
        "typical_volume": 21932.2,
        "trend": 17.159835,
        "fair_value": 14.738161,
        "relative_strength": 11.322256,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.788739,
        "energy": 83.274457,
        "activity_lines": [
          19.681531,
          19.069207,
          18.131574,
          17.677303
        ]
      },
      {
        "date": "2023-09-08",
        "close": 19.602144,
        "volume": 2112,
        "typical_volume": 21512.25,
        "trend": 17.272353,
        "fair_value": 14.819492,
        "relative_strength": 11.818671,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.488798,
        "energy": 65.568517,
        "activity_lines": [
          19.675424,
          19.270724,
          18.329551,
          17.834872
        ]
      },
      {
        "date": "2023-09-15",
        "close": 19.327349,
        "volume": 14460,
        "typical_volume": 21651.3,
        "trend": 17.377173,
        "fair_value": 14.899062,
        "relative_strength": 8.148136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.302843,
        "energy": 56.397557,
        "activity_lines": [
          19.565505,
          19.372315,
          18.485282,
          17.967452
        ]
      },
      {
        "date": "2023-09-22",
        "close": 19.23575,
        "volume": 4386,
        "typical_volume": 21302.05,
        "trend": 17.481864,
        "fair_value": 14.978548,
        "relative_strength": 8.305281,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.75461,
        "energy": 48.958086,
        "activity_lines": [
          19.418947,
          19.418947,
          18.618986,
          18.08736
        ]
      },
      {
        "date": "2023-09-29",
        "close": 19.052553,
        "volume": 7906,
        "typical_volume": 20071.7,
        "trend": 17.568753,
        "fair_value": 15.057867,
        "relative_strength": 8.306503,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.481929,
        "energy": 35.84002,
        "activity_lines": [
          19.27239,
          19.397297,
          18.722166,
          18.188695
        ]
      },
      {
        "date": "2023-10-06",
        "close": 18.594557,
        "volume": 19373,
        "typical_volume": 20370.5,
        "trend": 17.634529,
        "fair_value": 15.134754,
        "relative_strength": 7.893161,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.637662,
        "energy": 24.261362,
        "activity_lines": [
          19.009806,
          19.262397,
          18.77203,
          18.254876
        ]
      },
      {
        "date": "2023-10-13",
        "close": 18.777758,
        "volume": 9668,
        "typical_volume": 18877.8,
        "trend": 17.707872,
        "fair_value": 15.21483,
        "relative_strength": 8.825116,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 33.324626,
        "energy": 20.226958,
        "activity_lines": [
          18.881568,
          19.150813,
          18.831407,
          18.328633
        ]
      },
      {
        "date": "2023-10-20",
        "close": 18.090765,
        "volume": 8598,
        "typical_volume": 15389.1,
        "trend": 17.755393,
        "fair_value": 15.286977,
        "relative_strength": 7.12344,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.641191,
        "energy": 17.737134,
        "activity_lines": [
          18.579292,
          18.92598,
          18.815922,
          18.353336
        ]
      },
      {
        "date": "2023-10-27",
        "close": 17.861769,
        "volume": 5224,
        "typical_volume": 14605.75,
        "trend": 17.802589,
        "fair_value": 15.359418,
        "relative_strength": 6.896745,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -0.619667,
        "energy": 14.653618,
        "activity_lines": [
          18.283123,
          18.680329,
          18.771431,
          18.360199
        ]
      },
      {
        "date": "2023-11-03",
        "close": 18.411362,
        "volume": 22892,
        "typical_volume": 12460.85,
        "trend": 17.866644,
        "fair_value": 15.434627,
        "relative_strength": 5.637665,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.612301,
        "energy": 16.998641,
        "activity_lines": [
          18.26175,
          18.576239,
          18.771432,
          18.399474
        ]
      },
      {
        "date": "2023-11-10",
        "close": 18.319761,
        "volume": 1727,
        "typical_volume": 11380.7,
        "trend": 17.924721,
        "fair_value": 15.506731,
        "relative_strength": 4.216111,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.458818,
        "energy": 16.682539,
        "activity_lines": [
          18.25259,
          18.477146,
          18.751367,
          18.428708
        ]
      },
      {
        "date": "2023-11-17",
        "close": 18.319761,
        "volume": 16961,
        "typical_volume": 11820.55,
        "trend": 17.994493,
        "fair_value": 15.575812,
        "relative_strength": 0.09291,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.077337,
        "energy": 13.887056,
        "activity_lines": [
          18.261749,
          18.403034,
          18.723669,
          18.454194
        ]
      },
      {
        "date": "2023-11-24",
        "close": 19.602144,
        "volume": 10056,
        "typical_volume": 11942.95,
        "trend": 18.096779,
        "fair_value": 15.652106,
        "relative_strength": 5.051281,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.870433,
        "energy": 23.462677,
        "activity_lines": [
          18.728903,
          18.585398,
          18.811124,
          18.557913
        ]
      },
      {
        "date": "2023-12-01",
        "close": 20.151737,
        "volume": 9901,
        "typical_volume": 12096.35,
        "trend": 18.218845,
        "fair_value": 15.729405,
        "relative_strength": 5.682386,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 59.419631,
        "energy": 45.255825,
        "activity_lines": [
          19.278495,
          18.862693,
          18.93958,
          18.690491
        ]
      },
      {
        "date": "2023-12-08",
        "close": 20.518133,
        "volume": 4956,
        "typical_volume": 10907.4,
        "trend": 18.335583,
        "fair_value": 15.807038,
        "relative_strength": 6.586018,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.03549,
        "energy": 70.872098,
        "activity_lines": [
          19.797555,
          19.18995,
          19.08941,
          18.838832
        ]
      },
      {
        "date": "2023-12-15",
        "close": 20.609734,
        "volume": 14503,
        "typical_volume": 10992.75,
        "trend": 18.458298,
        "fair_value": 15.881229,
        "relative_strength": 8.281858,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.164575,
        "energy": 74.652869,
        "activity_lines": [
          20.206697,
          19.507216,
          19.233133,
          18.985552
        ]
      },
      {
        "date": "2023-12-22",
        "close": 21.159325,
        "volume": 10613,
        "typical_volume": 10278.35,
        "trend": 18.603718,
        "fair_value": 15.95038,
        "relative_strength": 10.723308,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.853442,
        "energy": 80.077854,
        "activity_lines": [
          20.646372,
          19.887767,
          19.416985,
          19.159812
        ]
      },
      {
        "date": "2023-12-29",
        "close": 21.067726,
        "volume": 9262,
        "typical_volume": 10140.8,
        "trend": 18.75333,
        "fair_value": 16.014411,
        "relative_strength": 10.104218,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.542096,
        "energy": 79.280818,
        "activity_lines": [
          20.866209,
          20.208363,
          19.583825,
          19.31878
        ]
      },
      {
        "date": "2024-01-05",
        "close": 21.067726,
        "volume": 9408,
        "typical_volume": 9780.85,
        "trend": 18.915154,
        "fair_value": 16.082975,
        "relative_strength": 9.147748,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.30874,
        "energy": 73.206152,
        "activity_lines": [
          20.988341,
          20.474832,
          19.741942,
          19.468096
        ]
      },
      {
        "date": "2024-01-12",
        "close": 22.075314,
        "volume": 7877,
        "typical_volume": 9824.2,
        "trend": 19.116672,
        "fair_value": 16.157495,
        "relative_strength": 14.630899,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.242719,
        "energy": 80.667317,
        "activity_lines": [
          21.385269,
          20.866209,
          19.991658,
          19.671977
        ]
      },
      {
        "date": "2024-01-19",
        "close": 22.899704,
        "volume": 24076,
        "typical_volume": 10697.95,
        "trend": 19.322769,
        "fair_value": 16.243343,
        "relative_strength": 21.143656,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.425867,
        "energy": 88.213304,
        "activity_lines": [
          21.953182,
          21.340858,
          20.308111,
          19.916044
        ]
      },
      {
        "date": "2024-01-26",
        "close": 22.075314,
        "volume": 6745,
        "typical_volume": 10929.6,
        "trend": 19.496807,
        "fair_value": 16.325417,
        "relative_strength": 15.391872,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.397198,
        "energy": 76.249109,
        "activity_lines": [
          22.093634,
          21.582346,
          20.530783,
          20.093627
        ]
      },
      {
        "date": "2024-02-02",
        "close": 22.166914,
        "volume": 6988,
        "typical_volume": 10556.0,
        "trend": 19.661685,
        "fair_value": 16.403042,
        "relative_strength": 13.910271,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.969197,
        "energy": 74.077369,
        "activity_lines": [
          22.203553,
          21.772205,
          20.750402,
          20.265892
        ]
      },
      {
        "date": "2024-02-09",
        "close": 22.258511,
        "volume": 5898,
        "typical_volume": 10631.6,
        "trend": 19.826563,
        "fair_value": 16.484276,
        "relative_strength": 15.758089,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.620662,
        "energy": 59.105783,
        "activity_lines": [
          22.270725,
          21.932087,
          20.965223,
          20.433429
        ]
      },
      {
        "date": "2024-02-16",
        "close": 22.075314,
        "volume": 11538,
        "typical_volume": 10813.2,
        "trend": 19.982281,
        "fair_value": 16.563329,
        "relative_strength": 14.359004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.251481,
        "energy": 47.95962,
        "activity_lines": [
          22.197446,
          22.020355,
          21.148203,
          20.57851
        ]
      },
      {
        "date": "2024-02-23",
        "close": 22.166914,
        "volume": 14467,
        "typical_volume": 10567.9,
        "trend": 20.119679,
        "fair_value": 16.63642,
        "relative_strength": 11.58306,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.622396,
        "energy": 45.612424,
        "activity_lines": [
          22.1547,
          22.096965,
          21.325512,
          20.719454
        ]
      },
      {
        "date": "2024-03-01",
        "close": 24.273684,
        "volume": 22857,
        "typical_volume": 11227.35,
        "trend": 20.281503,
        "fair_value": 16.724528,
        "relative_strength": 22.180417,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.195243,
        "energy": 56.960332,
        "activity_lines": [
          22.863064,
          22.528312,
          21.686455,
          20.987455
        ]
      },
      {
        "date": "2024-03-08",
        "close": 26.105661,
        "volume": 23594,
        "typical_volume": 11977.15,
        "trend": 20.5105,
        "fair_value": 16.822868,
        "relative_strength": 27.406498,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.716784,
        "energy": 79.27234,
        "activity_lines": [
          24.035528,
          23.236121,
          22.195701,
          21.363207
        ]
      },
      {
        "date": "2024-03-15",
        "close": 26.563656,
        "volume": 13550,
        "typical_volume": 12393.45,
        "trend": 20.724231,
        "fair_value": 16.922633,
        "relative_strength": 25.333541,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.318751,
        "energy": 93.391788,
        "activity_lines": [
          25.098075,
          23.935603,
          22.710399,
          21.753733
        ]
      },
      {
        "date": "2024-03-22",
        "close": 25.922462,
        "volume": 13716,
        "typical_volume": 11934.65,
        "trend": 20.934908,
        "fair_value": 17.019296,
        "relative_strength": 17.91214,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.461517,
        "energy": 89.155622,
        "activity_lines": [
          25.65988,
          24.418578,
          23.122593,
          22.089103
        ]
      },
      {
        "date": "2024-03-29",
        "close": 25.922462,
        "volume": 13929,
        "typical_volume": 12544.75,
        "trend": 21.142532,
        "fair_value": 17.115958,
        "relative_strength": 15.892524,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.720324,
        "energy": 86.87092,
        "activity_lines": [
          25.965209,
          24.831605,
          23.499021,
          22.41088
        ]
      },
      {
        "date": "2024-04-05",
        "close": 26.380457,
        "volume": 10530,
        "typical_volume": 12223.2,
        "trend": 21.368476,
        "fair_value": 17.218578,
        "relative_strength": 18.922265,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.723805,
        "energy": 81.019772,
        "activity_lines": [
          26.172833,
          25.272944,
          23.882863,
          22.748811
        ]
      },
      {
        "date": "2024-04-12",
        "close": 26.380457,
        "volume": 7483,
        "typical_volume": 12094.55,
        "trend": 21.60358,
        "fair_value": 17.318679,
        "relative_strength": 20.684553,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.753143,
        "energy": 64.914782,
        "activity_lines": [
          26.240005,
          25.636009,
          24.228322,
          23.072165
        ]
      },
      {
        "date": "2024-04-19",
        "close": 26.014063,
        "volume": 10782,
        "typical_volume": 12138.6,
        "trend": 21.829523,
        "fair_value": 17.41744,
        "relative_strength": 17.74972,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.030836,
        "energy": 59.776131,
        "activity_lines": [
          26.166727,
          25.855846,
          24.506608,
          23.356712
        ]
      },
      {
        "date": "2024-04-26",
        "close": 25.739267,
        "volume": 7615,
        "typical_volume": 12271.55,
        "trend": 22.052414,
        "fair_value": 17.515446,
        "relative_strength": 11.525957,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.352478,
        "energy": 54.49796,
        "activity_lines": [
          26.038489,
          25.957438,
          24.730807,
          23.608953
        ]
      },
      {
        "date": "2024-05-03",
        "close": 26.014063,
        "volume": 3187,
        "typical_volume": 11705.75,
        "trend": 22.299731,
        "fair_value": 17.618739,
        "relative_strength": 15.194954,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.572733,
        "energy": 46.7641,
        "activity_lines": [
          26.014063,
          26.042375,
          24.956314,
          23.864544
        ]
      },
      {
        "date": "2024-05-10",
        "close": 26.105661,
        "volume": 7411,
        "typical_volume": 11545.65,
        "trend": 22.543994,
        "fair_value": 17.710028,
        "relative_strength": 12.461863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 49.834769,
        "energy": 43.033887,
        "activity_lines": [
          26.014063,
          26.074018,
          25.164811,
          24.110088
        ]
      },
      {
        "date": "2024-05-17",
        "close": 26.380457,
        "volume": 12392,
        "typical_volume": 11702.15,
        "trend": 22.820317,
        "fair_value": 17.807108,
        "relative_strength": 10.907205,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.000588,
        "energy": 46.82944,
        "activity_lines": [
          26.123981,
          26.122315,
          25.375924,
          24.357601
        ]
      },
      {
        "date": "2024-05-24",
        "close": 26.655254,
        "volume": 3145,
        "typical_volume": 11389.0,
        "trend": 23.113433,
        "fair_value": 17.903662,
        "relative_strength": 12.318358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.311683,
        "energy": 47.7283,
        "activity_lines": [
          26.325498,
          26.21558,
          25.58791,
          24.605017
        ]
      },
      {
        "date": "2024-05-31",
        "close": 26.746853,
        "volume": 37591,
        "typical_volume": 12874.7,
        "trend": 23.391283,
        "fair_value": 17.99871,
        "relative_strength": 11.356211,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.686931,
        "energy": 56.955684,
        "activity_lines": [
          26.514802,
          26.323833,
          25.782012,
          24.839431
        ]
      },
      {
        "date": "2024-06-07",
        "close": 25.647667,
        "volume": 22153,
        "typical_volume": 12778.55,
        "trend": 23.635546,
        "fair_value": 18.085666,
        "relative_strength": 5.518511,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.322046,
        "energy": 46.561199,
        "activity_lines": [
          26.270539,
          26.217245,
          25.849184,
          24.985004
        ]
      },
      {
        "date": "2024-06-14",
        "close": 25.46447,
        "volume": 32036,
        "typical_volume": 14043.1,
        "trend": 23.873703,
        "fair_value": 18.174587,
        "relative_strength": 8.084391,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 45.54239,
        "energy": 34.081031,
        "activity_lines": [
          25.989636,
          26.082345,
          25.885824,
          25.102999
        ]
      },
      {
        "date": "2024-06-21",
        "close": 25.556067,
        "volume": 12788,
        "typical_volume": 14333.1,
        "trend": 24.072168,
        "fair_value": 18.265142,
        "relative_strength": 7.585318,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.925403,
        "energy": 22.590058,
        "activity_lines": [
          25.782012,
          25.980754,
          25.915048,
          25.211539
        ]
      },
      {
        "date": "2024-06-28",
        "close": 24.182087,
        "volume": 15950,
        "typical_volume": 14835.7,
        "trend": 24.206513,
        "fair_value": 18.345842,
        "relative_strength": 2.212025,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -10.54946,
        "energy": 22.779692,
        "activity_lines": [
          25.171353,
          25.644336,
          25.797278,
          25.21863
        ]
      },
      {
        "date": "2024-07-05",
        "close": 26.563656,
        "volume": 35245,
        "typical_volume": 16021.05,
        "trend": 24.40803,
        "fair_value": 18.442333,
        "relative_strength": 10.925035,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.976977,
        "energy": 21.877589,
        "activity_lines": [
          25.519429,
          25.77424,
          25.897165,
          25.370704
        ]
      },
      {
        "date": "2024-07-12",
        "close": 29.22002,
        "volume": 33809,
        "typical_volume": 16988.15,
        "trend": 24.69504,
        "fair_value": 18.559514,
        "relative_strength": 18.752499,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 79.757281,
        "energy": 48.376972,
        "activity_lines": [
          26.765173,
          26.37213,
          26.228665,
          25.681155
        ]
      },
      {
        "date": "2024-07-19",
        "close": 28.516737,
        "volume": 23819,
        "typical_volume": 17036.25,
        "trend": 24.940287,
        "fair_value": 18.671141,
        "relative_strength": 16.824924,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.399378,
        "energy": 70.755299,
        "activity_lines": [
          27.538332,
          26.783861,
          26.4596,
          25.927716
        ]
      },
      {
        "date": "2024-07-26",
        "close": 28.516737,
        "volume": 19860,
        "typical_volume": 16849.55,
        "trend": 25.188587,
        "fair_value": 18.781198,
        "relative_strength": 15.308909,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.88285,
        "energy": 76.436922,
        "activity_lines": [
          28.108006,
          27.151754,
          26.67033,
          26.158455
        ]
      },
      {
        "date": "2024-08-02",
        "close": 27.553335,
        "volume": 9257,
        "typical_volume": 16634.9,
        "trend": 25.404774,
        "fair_value": 18.885603,
        "relative_strength": 16.047052,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.997067,
        "energy": 71.604158,
        "activity_lines": [
          28.159169,
          27.305641,
          26.777826,
          26.311019
        ]
      },
      {
        "date": "2024-08-09",
        "close": 27.649675,
        "volume": 15267,
        "typical_volume": 16712.45,
        "trend": 25.590586,
        "fair_value": 18.985391,
        "relative_strength": 16.266429,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.186625,
        "energy": 49.746325,
        "activity_lines": [
          28.017695,
          27.460716,
          26.889784,
          26.455851
        ]
      },
      {
        "date": "2024-08-16",
        "close": 28.613079,
        "volume": 8776,
        "typical_volume": 16454.8,
        "trend": 25.781032,
        "fair_value": 19.054723,
        "relative_strength": 16.458442,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.98858,
        "energy": 43.985002,
        "activity_lines": [
          28.124954,
          27.77454,
          27.085271,
          26.650851
        ]
      },
      {
        "date": "2024-08-23",
        "close": 28.420397,
        "volume": 4945,
        "typical_volume": 16175.55,
        "trend": 25.992535,
        "fair_value": 19.133286,
        "relative_strength": 11.902216,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.435887,
        "energy": 38.771199,
        "activity_lines": [
          28.208449,
          27.999415,
          27.249594,
          26.821133
        ]
      },
      {
        "date": "2024-08-30",
        "close": 29.191118,
        "volume": 7339,
        "typical_volume": 16168.35,
        "trend": 26.226675,
        "fair_value": 19.222546,
        "relative_strength": 13.228501,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.77018,
        "energy": 43.87838,
        "activity_lines": [
          28.555273,
          28.310677,
          27.477605,
          27.027493
        ]
      },
      {
        "date": "2024-09-06",
        "close": 29.865501,
        "volume": 6837,
        "typical_volume": 15971.1,
        "trend": 26.480241,
        "fair_value": 19.321885,
        "relative_strength": 17.637548,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.129721,
        "energy": 57.374025,
        "activity_lines": [
          29.081933,
          28.678461,
          27.756459,
          27.262256
        ]
      },
      {
        "date": "2024-09-13",
        "close": 30.828905,
        "volume": 12581,
        "typical_volume": 16219.4,
        "trend": 26.772027,
        "fair_value": 19.418504,
        "relative_strength": 16.927598,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.430934,
        "energy": 73.597175,
        "activity_lines": [
          29.775584,
          29.118076,
          28.108726,
          27.542815
        ]
      },
      {
        "date": "2024-09-20",
        "close": 33.719116,
        "volume": 36824,
        "typical_volume": 17901.25,
        "trend": 27.157101,
        "fair_value": 19.533126,
        "relative_strength": 24.684475,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 89.169368,
        "energy": 83.88257,
        "activity_lines": [
          31.220689,
          30.005633,
          28.712014,
          27.991014
        ]
      },
      {
        "date": "2024-09-27",
        "close": 34.200817,
        "volume": 10508,
        "typical_volume": 18056.1,
        "trend": 27.488005,
        "fair_value": 19.649267,
        "relative_strength": 23.335328,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.500251,
        "energy": 89.017067,
        "activity_lines": [
          32.485959,
          30.898971,
          29.324488,
          28.445447
        ]
      },
      {
        "date": "2024-10-04",
        "close": 34.200817,
        "volume": 11859,
        "typical_volume": 18029.45,
        "trend": 27.757844,
        "fair_value": 19.771687,
        "relative_strength": 25.641437,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.661638,
        "energy": 90.574087,
        "activity_lines": [
          33.365867,
          31.688962,
          29.898414,
          28.878532
        ]
      },
      {
        "date": "2024-10-11",
        "close": 34.682518,
        "volume": 8601,
        "typical_volume": 18302.25,
        "trend": 28.028472,
        "fair_value": 19.898241,
        "relative_strength": 25.791158,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.331594,
        "energy": 90.924888,
        "activity_lines": [
          34.072363,
          32.463187,
          30.480976,
          29.325285
        ]
      },
      {
        "date": "2024-10-18",
        "close": 37.283707,
        "volume": 21374,
        "typical_volume": 17491.4,
        "trend": 28.407181,
        "fair_value": 20.03676,
        "relative_strength": 31.689872,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 89.676597,
        "energy": 95.13002,
        "activity_lines": [
          35.324787,
          33.580735,
          31.273046,
          29.922397
        ]
      },
      {
        "date": "2024-10-25",
        "close": 36.609325,
        "volume": 12202,
        "typical_volume": 16993.85,
        "trend": 28.763409,
        "fair_value": 20.173573,
        "relative_strength": 29.39246,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.831634,
        "energy": 90.299348,
        "activity_lines": [
          35.922097,
          34.400504,
          31.950713,
          30.451568
        ]
      },
      {
        "date": "2024-11-01",
        "close": 31.503288,
        "volume": 29102,
        "typical_volume": 16847.15,
        "trend": 28.93417,
        "fair_value": 20.276608,
        "relative_strength": 10.456642,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.999774,
        "energy": 57.366389,
        "activity_lines": [
          34.624714,
          34.146516,
          32.089892,
          30.628334
        ]
      },
      {
        "date": "2024-11-08",
        "close": 33.430096,
        "volume": 24371,
        "typical_volume": 17426.3,
        "trend": 29.169158,
        "fair_value": 20.383098,
        "relative_strength": 19.274675,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 50.94124,
        "energy": 42.936137,
        "activity_lines": [
          34.149436,
          34.186804,
          32.383821,
          30.918394
        ]
      },
      {
        "date": "2024-11-15",
        "close": 34.489838,
        "volume": 6492,
        "typical_volume": 16953.4,
        "trend": 29.451684,
        "fair_value": 20.49638,
        "relative_strength": 21.120358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.237297,
        "energy": 34.211237,
        "activity_lines": [
          34.078786,
          34.3427,
          32.741182,
          31.261663
        ]
      },
      {
        "date": "2024-11-22",
        "close": 33.526432,
        "volume": 6942,
        "typical_volume": 15538.25,
        "trend": 29.711256,
        "fair_value": 20.606628,
        "relative_strength": 16.699082,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.316917,
        "energy": 24.19385,
        "activity_lines": [
          33.699847,
          34.239353,
          32.957705,
          31.52455
        ]
      },
      {
        "date": "2024-11-29",
        "close": 32.46669,
        "volume": 9767,
        "typical_volume": 14336.15,
        "trend": 29.926344,
        "fair_value": 20.711128,
        "relative_strength": 12.455362,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.427631,
        "energy": 21.385174,
        "activity_lines": [
          33.218145,
          33.894279,
          33.040145,
          31.70232
        ]
      },
      {
        "date": "2024-12-06",
        "close": 31.792309,
        "volume": 6180,
        "typical_volume": 13454.2,
        "trend": 30.115899,
        "fair_value": 20.810259,
        "relative_strength": 5.677246,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.468572,
        "energy": 17.525798,
        "activity_lines": [
          32.787825,
          33.449362,
          33.042898,
          31.822705
        ]
      },
      {
        "date": "2024-12-13",
        "close": 31.503288,
        "volume": 11774,
        "typical_volume": 13049.9,
        "trend": 30.28666,
        "fair_value": 20.910678,
        "relative_strength": 7.03903,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 11.173048,
        "energy": 13.578344,
        "activity_lines": [
          32.241897,
          32.995687,
          33.002527,
          31.912214
        ]
      },
      {
        "date": "2024-12-20",
        "close": 29.769161,
        "volume": 10950,
        "typical_volume": 13134.55,
        "trend": 30.390457,
        "fair_value": 20.994236,
        "relative_strength": 3.259812,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -8.628151,
        "energy": 20.988135,
        "activity_lines": [
          31.24638,
          32.275762,
          32.782779,
          31.878827
        ]
      },
      {
        "date": "2024-12-27",
        "close": 29.383801,
        "volume": 11832,
        "typical_volume": 12962.8,
        "trend": 30.478355,
        "fair_value": 21.068888,
        "relative_strength": 0.99739,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -30.840569,
        "energy": 36.204054,
        "activity_lines": [
          30.437121,
          31.575105,
          32.515779,
          31.813881
        ]
      },
      {
        "date": "2025-01-03",
        "close": 31.599627,
        "volume": 4657,
        "typical_volume": 12756.85,
        "trend": 30.676754,
        "fair_value": 21.141654,
        "relative_strength": 6.973636,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -18.880588,
        "energy": 30.647387,
        "activity_lines": [
          30.642647,
          31.42096,
          32.451552,
          31.886222
        ]
      },
      {
        "date": "2025-01-10",
        "close": 31.792309,
        "volume": 7594,
        "typical_volume": 12889.3,
        "trend": 30.887682,
        "fair_value": 21.227454,
        "relative_strength": 6.564676,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 1.374671,
        "energy": 22.163568,
        "activity_lines": [
          30.970204,
          31.392934,
          32.391454,
          31.958193
        ]
      },
      {
        "date": "2025-01-17",
        "close": 31.406946,
        "volume": 12184,
        "typical_volume": 13131.55,
        "trend": 31.082711,
        "fair_value": 21.311857,
        "relative_strength": 3.302657,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 5.229247,
        "energy": 10.734313,
        "activity_lines": [
          31.169307,
          31.289587,
          32.278598,
          31.991694
        ]
      },
      {
        "date": "2025-01-24",
        "close": 30.925243,
        "volume": 10212,
        "typical_volume": 13300.3,
        "trend": 31.307483,
        "fair_value": 21.39639,
        "relative_strength": 0.882293,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -3.62476,
        "energy": 5.444459,
        "activity_lines": [
          31.214265,
          31.135442,
          32.109314,
          31.981535
        ]
      },
      {
        "date": "2025-01-31",
        "close": 32.659374,
        "volume": 9511,
        "typical_volume": 13146.8,
        "trend": 31.510674,
        "fair_value": 21.487749,
        "relative_strength": 2.873529,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 11.548862,
        "energy": 10.949476,
        "activity_lines": [
          31.760195,
          31.361404,
          32.100139,
          32.068753
        ]
      },
      {
        "date": "2025-02-07",
        "close": 34.104477,
        "volume": 8257,
        "typical_volume": 11718.45,
        "trend": 31.673489,
        "fair_value": 21.581935,
        "relative_strength": 4.373281,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 42.463075,
        "energy": 27.838428,
        "activity_lines": [
          32.569454,
          31.865878,
          32.219876,
          32.236096
        ]
      },
      {
        "date": "2025-02-14",
        "close": 32.852051,
        "volume": 8014,
        "typical_volume": 11593.75,
        "trend": 31.817999,
        "fair_value": 21.672383,
        "relative_strength": -1.754507,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 28.818538,
        "energy": 24.752511,
        "activity_lines": [
          32.794248,
          32.112859,
          32.2185,
          32.312132
        ]
      },
      {
        "date": "2025-02-21",
        "close": 32.56303,
        "volume": 7175,
        "typical_volume": 11359.55,
        "trend": 31.952876,
        "fair_value": 21.763124,
        "relative_strength": -2.824817,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 39.227425,
        "energy": 30.599692,
        "activity_lines": [
          32.852052,
          32.288023,
          32.19602,
          32.360198
        ]
      },
      {
        "date": "2025-02-28",
        "close": 32.27401,
        "volume": 18002,
        "typical_volume": 11829.6,
        "trend": 32.110232,
        "fair_value": 21.860594,
        "relative_strength": -6.544101,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 37.674311,
        "energy": 26.371723,
        "activity_lines": [
          32.736443,
          32.39137,
          32.153814,
          32.380917
        ]
      },
      {
        "date": "2025-03-07",
        "close": 32.948395,
        "volume": 20576,
        "typical_volume": 11789.7,
        "trend": 32.286856,
        "fair_value": 21.957023,
        "relative_strength": -3.907999,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.857516,
        "energy": 15.502021,
        "activity_lines": [
          32.755712,
          32.57179,
          32.187304,
          32.434992
        ]
      },
      {
        "date": "2025-03-14",
        "close": 33.815453,
        "volume": 31870,
        "typical_volume": 12773.1,
        "trend": 32.460268,
        "fair_value": 22.064374,
        "relative_strength": 0.460971,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 33.172141,
        "energy": 22.720374,
        "activity_lines": [
          33.044732,
          32.845045,
          32.324015,
          32.533611
        ]
      },
      {
        "date": "2025-03-21",
        "close": 33.815453,
        "volume": 12085,
        "typical_volume": 11922.25,
        "trend": 32.640103,
        "fair_value": 22.167435,
        "relative_strength": -2.254378,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 22.805885,
        "energy": 26.849835,
        "activity_lines": [
          33.353021,
          33.078013,
          32.474031,
          32.621042
        ]
      },
      {
        "date": "2025-03-28",
        "close": 34.489838,
        "volume": 7371,
        "typical_volume": 11072.25,
        "trend": 32.816727,
        "fair_value": 22.270527,
        "relative_strength": -0.184358,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 29.882158,
        "energy": 42.658186,
        "activity_lines": [
          33.821877,
          33.396812,
          32.677263,
          32.74038
        ]
      },
      {
        "date": "2025-04-04",
        "close": 31.599627,
        "volume": 1321931,
        "typical_volume": 76844.2,
        "trend": 32.874531,
        "fair_value": 22.349729,
        "relative_strength": -2.108677,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": -0.476809,
        "energy": 11.539031,
        "activity_lines": [
          33.198876,
          33.134066,
          32.600191,
          32.661857
        ]
      },
      {
        "date": "2025-04-11",
        "close": 32.948395,
        "volume": 23673,
        "typical_volume": 77680.75,
        "trend": 32.945181,
        "fair_value": 22.437576,
        "relative_strength": 3.037,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 0.11969,
        "energy": 4.862635,
        "activity_lines": [
          33.070424,
          33.104289,
          32.665335,
          32.666623
        ]
      },
      {
        "date": "2025-04-18",
        "close": 32.755711,
        "volume": 27365,
        "typical_volume": 78560.65,
        "trend": 32.913068,
        "fair_value": 22.524189,
        "relative_strength": -2.656994,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 4.600438,
        "energy": 4.141466,
        "activity_lines": [
          32.877743,
          33.034223,
          32.714882,
          32.654399
        ]
      },
      {
        "date": "2025-04-25",
        "close": 33.430096,
        "volume": 14235,
        "typical_volume": 78963.4,
        "trend": 32.887377,
        "fair_value": 22.610834,
        "relative_strength": -4.044427,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 6.992915,
        "energy": 7.879634,
        "activity_lines": [
          32.980507,
          33.111295,
          32.827279,
          32.687756
        ]
      },
      {
        "date": "2025-05-02",
        "close": 35.067883,
        "volume": 27250,
        "typical_volume": 79737.2,
        "trend": 32.916279,
        "fair_value": 22.706368,
        "relative_strength": -0.183134,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 34.302647,
        "energy": 22.687226,
        "activity_lines": [
          33.65489,
          33.475638,
          33.087857,
          32.828433
        ]
      },
      {
        "date": "2025-05-09",
        "close": 36.512985,
        "volume": 35974,
        "typical_volume": 80988.4,
        "trend": 32.977295,
        "fair_value": 22.819748,
        "relative_strength": 2.846888,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 71.416255,
        "energy": 62.614251,
        "activity_lines": [
          34.772437,
          34.057183,
          33.469089,
          33.060479
        ]
      },
      {
        "date": "2025-05-16",
        "close": 36.802006,
        "volume": 44553,
        "typical_volume": 82624.45,
        "trend": 32.961238,
        "fair_value": 22.924253,
        "relative_strength": -0.311529,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.172171,
        "energy": 71.620814,
        "activity_lines": [
          35.658768,
          34.614205,
          33.845734,
          33.307234
        ]
      },
      {
        "date": "2025-05-23",
        "close": 36.994686,
        "volume": 32275,
        "typical_volume": 84005.35,
        "trend": 32.974083,
        "fair_value": 23.027216,
        "relative_strength": -0.25568,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 70.135276,
        "energy": 74.826884,
        "activity_lines": [
          36.352418,
          35.136194,
          34.205405,
          33.567457
        ]
      },
      {
        "date": "2025-05-30",
        "close": 37.669067,
        "volume": 48139,
        "typical_volume": 86032.6,
        "trend": 33.179609,
        "fair_value": 23.140525,
        "relative_strength": 0.9963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.908783,
        "energy": 77.729587,
        "activity_lines": [
          36.988263,
          35.722994,
          34.603611,
          33.870359
        ]
      },
      {
        "date": "2025-06-06",
        "close": 40.559277,
        "volume": 65027,
        "typical_volume": 88674.75,
        "trend": 33.417249,
        "fair_value": 23.280578,
        "relative_strength": 7.54801,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 86.58839,
        "energy": 85.562219,
        "activity_lines": [
          38.304914,
          36.765221,
          35.249091,
          34.346467
        ]
      },
      {
        "date": "2025-06-13",
        "close": 38.599998,
        "volume": 68704,
        "typical_volume": 91599.35,
        "trend": 33.554254,
        "fair_value": 23.416833,
        "relative_strength": 4.484457,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 64.881189,
        "energy": 72.809358,
        "activity_lines": [
          38.602378,
          37.340862,
          35.664391,
          34.680838
        ]
      },
      {
        "date": "2025-06-20",
        "close": 39.099998,
        "volume": 23075,
        "typical_volume": 92277.55,
        "trend": 33.740039,
        "fair_value": 23.551365,
        "relative_strength": 5.910176,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.522663,
        "energy": 69.095843,
        "activity_lines": [
          38.927376,
          37.880132,
          36.090763,
          35.038628
        ]
      },
      {
        "date": "2025-06-27",
        "close": 39.900002,
        "volume": 25364,
        "typical_volume": 93132.9,
        "trend": 33.987817,
        "fair_value": 23.694311,
        "relative_strength": 6.661164,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 69.48099,
        "energy": 61.829989,
        "activity_lines": [
          39.365841,
          38.453011,
          36.562656,
          35.436045
        ]
      },
      {
        "date": "2025-07-04",
        "close": 43.0,
        "volume": 28386,
        "typical_volume": 94151.5,
        "trend": 34.361406,
        "fair_value": 23.857128,
        "relative_strength": 14.36689,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.888136,
        "energy": 67.841728,
        "activity_lines": [
          40.643952,
          39.459629,
          37.30219,
          36.017476
        ]
      },
      {
        "date": "2025-07-11",
        "close": 43.5,
        "volume": 38561,
        "typical_volume": 95720.8,
        "trend": 34.761297,
        "fair_value": 24.025342,
        "relative_strength": 14.9804,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.115831,
        "energy": 87.524355,
        "activity_lines": [
          41.733333,
          40.383158,
          38.041019,
          36.607062
        ]
      },
      {
        "date": "2025-07-18",
        "close": 44.599998,
        "volume": 60680,
        "typical_volume": 97854.7,
        "trend": 35.255658,
        "fair_value": 24.201702,
        "relative_strength": 17.542361,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.300595,
        "energy": 90.70757,
        "activity_lines": [
          42.993333,
          41.353376,
          38.832529,
          37.241817
        ]
      },
      {
        "date": "2025-07-25",
        "close": 43.799999,
        "volume": 23768,
        "typical_volume": 98014.3,
        "trend": 35.736198,
        "fair_value": 24.370743,
        "relative_strength": 13.002174,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.099747,
        "energy": 87.486858,
        "activity_lines": [
          43.586666,
          42.031102,
          39.489153,
          37.793065
        ]
      },
      {
        "date": "2025-08-01",
        "close": 44.400002,
        "volume": 33903,
        "typical_volume": 98115.95,
        "trend": 36.162877,
        "fair_value": 24.545822,
        "relative_strength": 14.991001,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.90426,
        "energy": 84.930744,
        "activity_lines": [
          44.066667,
          42.690684,
          40.151246,
          38.35202
        ]
      },
      {
        "date": "2025-08-08",
        "close": 43.900002,
        "volume": 23561,
        "typical_volume": 98689.75,
        "trend": 36.566467,
        "fair_value": 24.714409,
        "relative_strength": 8.065971,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.39195,
        "energy": 63.516636,
        "activity_lines": [
          44.080001,
          43.124714,
          40.715318,
          38.85119
        ]
      },
      {
        "date": "2025-08-15",
        "close": 44.0,
        "volume": 14696,
        "typical_volume": 99056.0,
        "trend": 36.986235,
        "fair_value": 24.882541,
        "relative_strength": 4.908862,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.932901,
        "energy": 59.492088,
        "activity_lines": [
          44.066667,
          43.463637,
          41.240891,
          39.330772
        ]
      },
      {
        "date": "2025-08-22",
        "close": 45.400002,
        "volume": 11083,
        "typical_volume": 33513.6,
        "trend": 37.468727,
        "fair_value": 25.059101,
        "relative_strength": 7.08446,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.476112,
        "energy": 60.816737,
        "activity_lines": [
          44.486668,
          43.994546,
          41.854512,
          39.873596
        ]
      },
      {
        "date": "2025-08-29",
        "close": 45.900002,
        "volume": 18854,
        "typical_volume": 33272.65,
        "trend": 37.910081,
        "fair_value": 25.244342,
        "relative_strength": 11.207022,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.049771,
        "energy": 60.451036,
        "activity_lines": [
          45.020002,
          44.492728,
          42.450035,
          40.417549
        ]
      },
      {
        "date": "2025-09-05",
        "close": 44.700001,
        "volume": 15478,
        "typical_volume": 32678.3,
        "trend": 38.263266,
        "fair_value": 25.422712,
        "relative_strength": 8.664004,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.692722,
        "energy": 55.825642,
        "activity_lines": [
          45.013335,
          44.649092,
          42.869599,
          40.855609
        ]
      },
      {
        "date": "2025-09-12",
        "close": 44.599998,
        "volume": 7936,
        "typical_volume": 32363.35,
        "trend": 38.654864,
        "fair_value": 25.603454,
        "relative_strength": 5.005608,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 60.08367,
        "energy": 54.402235,
        "activity_lines": [
          44.953334,
          44.700001,
          43.22276,
          41.26443
        ]
      },
      {
        "date": "2025-09-19",
        "close": 44.0,
        "volume": 8153,
        "typical_volume": 31408.5,
        "trend": 39.036096,
        "fair_value": 25.781445,
        "relative_strength": 3.905112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 57.075066,
        "energy": 46.02894,
        "activity_lines": [
          44.646667,
          44.612728,
          43.465589,
          41.609278
        ]
      },
      {
        "date": "2025-09-26",
        "close": 42.200001,
        "volume": 16038,
        "typical_volume": 30411.7,
        "trend": 39.366962,
        "fair_value": 25.948445,
        "relative_strength": -0.853261,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 40.185594,
        "energy": 26.602786,
        "activity_lines": [
          43.74,
          44.189091,
          43.494456,
          41.8134
        ]
      },
      {
        "date": "2025-10-03",
        "close": 41.0,
        "volume": 9498,
        "typical_volume": 28658.95,
        "trend": 39.635349,
        "fair_value": 26.115694,
        "relative_strength": -4.923641,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 17.346355,
        "energy": 20.02139,
        "activity_lines": [
          42.646667,
          43.59091,
          43.381956,
          41.918758
        ]
      },
      {
        "date": "2025-10-10",
        "close": 41.0,
        "volume": 11060,
        "typical_volume": 27598.2,
        "trend": 39.874834,
        "fair_value": 26.289242,
        "relative_strength": -4.0497,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.917826,
        "energy": 20.555705,
        "activity_lines": [
          41.88,
          43.043637,
          43.249465,
          42.0068
        ]
      },
      {
        "date": "2025-10-17",
        "close": 41.799999,
        "volume": 13380,
        "typical_volume": 25860.25,
        "trend": 40.140986,
        "fair_value": 26.464084,
        "relative_strength": -2.655582,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.466695,
        "energy": 23.817925,
        "activity_lines": [
          41.626666,
          42.703636,
          43.174092,
          42.131004
        ]
      },
      {
        "date": "2025-10-24",
        "close": 44.400002,
        "volume": 17319,
        "typical_volume": 23474.85,
        "trend": 40.471325,
        "fair_value": 26.655593,
        "relative_strength": 1.915423,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.943304,
        "energy": 19.767602,
        "activity_lines": [
          42.426667,
          42.874546,
          43.326667,
          42.405779
        ]
      },
      {
        "date": "2025-10-31",
        "close": 42.099998,
        "volume": 10087,
        "typical_volume": 20544.0,
        "trend": 40.821337,
        "fair_value": 26.829072,
        "relative_strength": -4.372403,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.425422,
        "energy": 8.510294,
        "activity_lines": [
          42.433333,
          42.62,
          43.241905,
          42.510855
        ]
      },
      {
        "date": "2025-11-07",
        "close": 40.799999,
        "volume": 4970,
        "typical_volume": 19638.75,
        "trend": 41.083057,
        "fair_value": 26.989836,
        "relative_strength": -6.34539,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -4.534143,
        "energy": 7.177256,
        "activity_lines": [
          42.013333,
          42.189091,
          43.016667,
          42.509478
        ]
      },
      {
        "date": "2025-11-14",
        "close": 42.799999,
        "volume": 7027,
        "typical_volume": 18721.9,
        "trend": 41.417867,
        "fair_value": 27.164516,
        "relative_strength": -4.193622,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.80649,
        "energy": 11.680639,
        "activity_lines": [
          42.273333,
          42.214545,
          42.973809,
          42.620249
        ]
      },
      {
        "date": "2025-11-21",
        "close": 42.200001,
        "volume": 11471,
        "typical_volume": 17876.15,
        "trend": 41.710197,
        "fair_value": 27.33535,
        "relative_strength": -2.264477,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.626551,
        "energy": 13.094041,
        "activity_lines": [
          42.213333,
          42.165454,
          42.86,
          42.670709
        ]
      },
      {
        "date": "2025-11-28",
        "close": 45.200001,
        "volume": 18200,
        "typical_volume": 16858.1,
        "trend": 42.047934,
        "fair_value": 27.52651,
        "relative_strength": 1.188647,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 45.586059,
        "energy": 20.331272,
        "activity_lines": [
          43.126667,
          42.705455,
          43.035714,
          42.895858
        ]
      },
      {
        "date": "2025-12-05",
        "close": 47.5,
        "volume": 34112,
        "typical_volume": 15529.7,
        "trend": 42.414168,
        "fair_value": 27.731593,
        "relative_strength": 4.162198,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 68.193945,
        "energy": 46.439076,
        "activity_lines": [
          44.753334,
          43.641818,
          43.422381,
          43.247604
        ]
      },
      {
        "date": "2025-12-12",
        "close": 46.900002,
        "volume": 13328,
        "typical_volume": 15007.7,
        "trend": 42.750768,
        "fair_value": 27.932434,
        "relative_strength": 1.761084,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.422228,
        "energy": 62.713233,
        "activity_lines": [
          45.820001,
          44.372728,
          43.738096,
          43.537012
        ]
      },
      {
        "date": "2025-12-19",
        "close": 47.5,
        "volume": 10803,
        "typical_volume": 13852.7,
        "trend": 43.100945,
        "fair_value": 28.138527,
        "relative_strength": 1.048564,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.704635,
        "energy": 70.572948,
        "activity_lines": [
          46.680001,
          45.105455,
          44.096191,
          43.843414
        ]
      },
      {
        "date": "2025-12-26",
        "close": 47.700001,
        "volume": 3698,
        "typical_volume": 12859.55,
        "trend": 43.435309,
        "fair_value": 28.345902,
        "relative_strength": 1.292415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.936241,
        "energy": 73.222319,
        "activity_lines": [
          47.293334,
          45.756364,
          44.458572,
          44.140128
        ]
      },
      {
        "date": "2026-01-02",
        "close": 49.299999,
        "volume": 11412,
        "typical_volume": 12695.35,
        "trend": 43.726667,
        "fair_value": 28.560441,
        "relative_strength": 2.701309,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.674152,
        "energy": 75.938621,
        "activity_lines": [
          48.073334,
          46.590909,
          44.955238,
          44.518495
        ]
      },
      {
        "date": "2026-01-09",
        "close": 50.799999,
        "volume": 13864,
        "typical_volume": 12834.4,
        "trend": 44.133334,
        "fair_value": 28.787407,
        "relative_strength": 4.765299,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 79.007267,
        "energy": 76.522321,
        "activity_lines": [
          49.08,
          47.609091,
          45.569524,
          44.974839
        ]
      },
      {
        "date": "2026-01-16",
        "close": 49.799999,
        "volume": 22027,
        "typical_volume": 12993.05,
        "trend": 44.49,
        "fair_value": 29.002902,
        "relative_strength": 2.217972,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.45622,
        "energy": 68.267298,
        "activity_lines": [
          49.533333,
          48.287273,
          46.062857,
          45.34043
        ]
      },
      {
        "date": "2026-01-23",
        "close": 53.0,
        "volume": 12543,
        "typical_volume": 12846.3,
        "trend": 44.926667,
        "fair_value": 29.237224,
        "relative_strength": 9.481787,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.837999,
        "energy": 78.08858,
        "activity_lines": [
          50.859999,
          49.383636,
          46.842381,
          45.889462
        ]
      },
      {
        "date": "2026-01-30",
        "close": 53.599998,
        "volume": 36470,
        "typical_volume": 14273.0,
        "trend": 45.28,
        "fair_value": 29.477078,
        "relative_strength": 8.367783,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.563938,
        "energy": 74.725817,
        "activity_lines": [
          52.019999,
          50.403636,
          47.639524,
          46.449032
        ]
      },
      {
        "date": "2026-02-06",
        "close": 55.599998,
        "volume": 23014,
        "typical_volume": 15016.05,
        "trend": 45.683333,
        "fair_value": 29.729471,
        "relative_strength": 11.701332,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.267765,
        "energy": 76.493601,
        "activity_lines": [
          53.453332,
          51.579999,
          48.584285,
          47.114838
        ]
      },
      {
        "date": "2026-02-13",
        "close": 53.0,
        "volume": 25169,
        "typical_volume": 15472.6,
        "trend": 45.963333,
        "fair_value": 29.965479,
        "relative_strength": 7.763932,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.135472,
        "energy": 67.108753,
        "activity_lines": [
          53.599999,
          52.094545,
          49.22619,
          47.586881
        ]
      },
      {
        "date": "2026-02-20",
        "close": 52.400002,
        "volume": 7036,
        "typical_volume": 15349.5,
        "trend": 46.25,
        "fair_value": 30.198204,
        "relative_strength": 3.272956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.506732,
        "energy": 53.178027,
        "activity_lines": [
          53.4,
          52.4,
          49.759524,
          48.00215
        ]
      },
      {
        "date": "2026-02-27",
        "close": 52.200001,
        "volume": 20888,
        "typical_volume": 15840.9,
        "trend": 46.51,
        "fair_value": 30.427397,
        "relative_strength": 1.601715,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.146512,
        "energy": 47.178879,
        "activity_lines": [
          52.96,
          52.569091,
          50.219524,
          48.386021
        ]
      },
      {
        "date": "2026-03-06",
        "close": 50.400002,
        "volume": 14650,
        "typical_volume": 15904.4,
        "trend": 46.726667,
        "fair_value": 30.643927,
        "relative_strength": 5.15193,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.13309,
        "energy": 30.602112,
        "activity_lines": [
          51.973335,
          52.325455,
          50.454762,
          48.636989
        ]
      },
      {
        "date": "2026-03-13",
        "close": 51.0,
        "volume": 21939,
        "typical_volume": 16135.4,
        "trend": 46.96,
        "fair_value": 30.864584,
        "relative_strength": 6.214558,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.374795,
        "energy": 22.203149,
        "activity_lines": [
          51.400001,
          52.141819,
          50.706191,
          48.912688
        ]
      },
      {
        "date": "2026-03-20",
        "close": 49.599998,
        "volume": 8762,
        "typical_volume": 16069.15,
        "trend": 47.1,
        "fair_value": 31.075705,
        "relative_strength": 5.120797,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.430402,
        "energy": 20.081345,
        "activity_lines": [
          50.666667,
          51.672727,
          50.792857,
          49.083011
        ]
      },
      {
        "date": "2026-03-27",
        "close": 48.0,
        "volume": 18273,
        "typical_volume": 16734.3,
        "trend": 47.17,
        "fair_value": 31.277975,
        "relative_strength": 1.011429,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 16.495541,
        "energy": 17.5442,
        "activity_lines": [
          49.626666,
          50.934545,
          50.691429,
          49.141075
        ]
      },
      {
        "date": "2026-04-03",
        "close": 47.900002,
        "volume": 8571,
        "typical_volume": 16811.5,
        "trend": 47.276667,
        "fair_value": 31.479323,
        "relative_strength": -3.645757,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.893633,
        "energy": 14.437908,
        "activity_lines": [
          48.846667,
          50.21091,
          50.546191,
          49.188172
        ]
      },
      {
        "date": "2026-04-10",
        "close": 48.589916,
        "volume": 16026,
        "typical_volume": 17039.25,
        "trend": 47.409664,
        "fair_value": 31.684531,
        "relative_strength": -5.731229,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 6.717214,
        "energy": 17.477294,
        "activity_lines": [
          48.583306,
          49.70544,
          50.442373,
          49.272898
        ]
      },
      {
        "date": "2026-04-17",
        "close": 50.829533,
        "volume": 22039,
        "typical_volume": 17231.2,
        "trend": 47.637315,
        "fair_value": 31.906345,
        "relative_strength": -3.022094,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 12.630307,
        "energy": 14.597733,
        "activity_lines": [
          49.187156,
          49.698265,
          50.521424,
          49.493535
        ]
      },
      {
        "date": "2026-04-24",
        "close": 50.634781,
        "volume": 11037,
        "typical_volume": 16077.45,
        "trend": 47.918474,
        "fair_value": 32.124942,
        "relative_strength": 0.692577,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.857289,
        "energy": 9.258062,
        "activity_lines": [
          49.737453,
          49.742417,
          50.55512,
          49.686919
        ]
      },
      {
        "date": "2026-05-01",
        "close": 54.335014,
        "volume": 16030,
        "typical_volume": 16212.55,
        "trend": 48.362975,
        "fair_value": 32.36754,
        "relative_strength": 7.181026,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.724746,
        "energy": 31.722952,
        "activity_lines": [
          51.452175,
          50.502343,
          50.926292,
          50.10089
        ]
      },
      {
        "date": "2026-05-08",
        "close": 54.335014,
        "volume": 15434,
        "typical_volume": 16444.1,
        "trend": 48.807475,
        "fair_value": 32.606765,
        "relative_strength": 6.285376,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 56.856626,
        "energy": 51.099214,
        "activity_lines": [
          52.744563,
          51.227086,
          51.262059,
          50.486183
        ]
      },
      {
        "date": "2026-05-15",
        "close": 54.335014,
        "volume": 7424,
        "typical_volume": 16630.4,
        "trend": 49.225309,
        "fair_value": 32.846551,
        "relative_strength": 7.556181,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.68944,
        "energy": 66.366689,
        "activity_lines": [
          53.607951,
          51.913011,
          51.565278,
          50.842798
        ]
      },
      {
        "date": "2026-05-22",
        "close": 52.387524,
        "volume": 11889,
        "typical_volume": 16654.25,
        "trend": 49.49156,
        "fair_value": 33.074698,
        "relative_strength": 1.413231,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 58.725114,
        "energy": 61.247084,
        "activity_lines": [
          53.439168,
          52.173302,
          51.651427,
          51.046812
        ]
      },
      {
        "date": "2026-05-29",
        "close": 56.477257,
        "volume": 20446,
        "typical_volume": 16983.35,
        "trend": 49.970802,
        "fair_value": 33.330453,
        "relative_strength": 6.786136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.916702,
        "energy": 65.530561,
        "activity_lines": [
          54.529764,
          53.151952,
          52.112371,
          51.497502
        ]
      },
      {
        "date": "2026-06-05",
        "close": 57.840504,
        "volume": 6673,
        "typical_volume": 16215.65,
        "trend": 50.538819,
        "fair_value": 33.597296,
        "relative_strength": 9.247688,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.029543,
        "energy": 68.845676,
        "activity_lines": [
          55.685277,
          54.253425,
          52.676114,
          52.005225
        ]
      },
      {
        "date": "2026-06-12",
        "close": 56.0,
        "volume": 11887,
        "typical_volume": 16182.85,
        "trend": 50.978819,
        "fair_value": 33.853516,
        "relative_strength": 3.262588,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.68272,
        "energy": 61.302863,
        "activity_lines": [
          55.99359,
          54.841342,
          53.026283,
          52.357559
        ]
      },
      {
        "date": "2026-06-19",
        "close": 56.0,
        "volume": 1293,
        "typical_volume": 14424.0,
        "trend": 51.438819,
        "fair_value": 34.105331,
        "relative_strength": 0.10339,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.300633,
        "energy": 66.920825,
        "activity_lines": [
          56.190903,
          55.281986,
          53.362166,
          52.681506
        ]
      },
      {
        "date": "2026-06-26",
        "close": 55.200001,
        "volume": 4000,
        "typical_volume": 13473.3,
        "trend": 51.772152,
        "fair_value": 34.351138,
        "relative_strength": -1.712772,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.352548,
        "energy": 56.636087,
        "activity_lines": [
          56.010551,
          55.442447,
          53.61043,
          52.924163
        ]
      },
      {
        "date": "2026-07-03",
        "close": 59.400002,
        "volume": 8290,
        "typical_volume": 12629.35,
        "trend": 52.168819,
        "fair_value": 34.621519,
        "relative_strength": 3.54893,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.523048,
        "energy": 56.512929,
        "activity_lines": [
          57.042701,
          56.287082,
          54.260599,
          53.416283
        ]
      },
      {
        "date": "2026-07-10",
        "close": 57.400002,
        "volume": 15368,
        "typical_volume": 13045.95,
        "trend": 52.518819,
        "fair_value": 34.878492,
        "relative_strength": 2.574981,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.060066,
        "energy": 45.494308,
        "activity_lines": [
          57.213335,
          56.608713,
          54.689815,
          53.753778
        ]
      },
      {
        "date": "2026-07-17",
        "close": 57.200001,
        "volume": 12398,
        "typical_volume": 12621.45,
        "trend": 52.842152,
        "fair_value": 35.133596,
        "relative_strength": 3.255723,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.807073,
        "energy": 43.7188,
        "activity_lines": [
          57.346668,
          56.838253,
          55.076175,
          54.05579
        ]
      },
      {
        "date": "2026-07-24",
        "close": 57.200001,
        "volume": 5641,
        "typical_volume": 12171.0,
        "trend": 53.158819,
        "fair_value": 35.38459,
        "relative_strength": 1.418429,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 56.551163,
        "energy": 43.698354,
        "activity_lines": [
          57.400001,
          57.015702,
          55.438725,
          54.336942
        ]
      },
      {
        "date": "2026-07-31",
        "close": 59.599998,
        "volume": 9873,
        "typical_volume": 11567.7,
        "trend": 53.502152,
        "fair_value": 35.64216,
        "relative_strength": 4.709863,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.772502,
        "energy": 48.73188,
        "activity_lines": [
          58.173334,
          57.577424,
          55.997465,
          54.752501
        ]
      },
      {
        "date": "2026-08-07",
        "close": 61.400002,
        "volume": 10165,
        "typical_volume": 11637.85,
        "trend": 53.855485,
        "fair_value": 35.912444,
        "relative_strength": 5.712589,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.353612,
        "energy": 67.993061,
        "activity_lines": [
          59.253334,
          58.335283,
          56.686681,
          55.26204
        ]
      }
    ],
    "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."
    }
  }
}