{
  "ticker": {
    "uuid": "6da1568f-f0a3-4a63-aa5f-ab8af18a472a",
    "symbol": "BYBU",
    "name": "Amundi Index Solutions - Amundi S&P 500 Buyback ETF-C USD",
    "exchange": "PAR",
    "country": "FR",
    "assetType": "etf"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "^FCHI",
    "stage": 2,
    "stage_name": "Advancing",
    "phase": "2b",
    "phase_label": "Stage 2B \u00b7 Advancing",
    "transition": "stage_2_healthy",
    "transition_label": "Stage 2 trend intact",
    "confidence": 96.0,
    "architecture_regime": "upward_expansion",
    "architecture_regime_label": "Upward Expansion",
    "architecture_modifier": "Established expansion",
    "architecture_gate": "up",
    "architecture_direction": 90.452,
    "architecture_energy": 73.898,
    "architecture_maturity": 37.414,
    "architecture_confidence": 70.75,
    "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": 3.63,
        "rotation_up": 79.26,
        "upward_expansion": 90.0,
        "deceleration": 52.03,
        "rotation_down": 16.24,
        "downward_expansion": 12.0
      },
      "activity_lines": [
        403.42333,
        399.833634,
        392.949522,
        387.059139
      ],
      "activity_state": "Wide",
      "activity_direction": "Contracting",
      "rotation_direction": "Improving",
      "price_acceptance": 1.0
    },
    "latest_close": 411.0,
    "trend_reference": 380.728334,
    "distance_from_trend": 0.07951,
    "trend_direction": "Improving",
    "fair_value": 320.38049,
    "distance_from_fair_value": 0.28285,
    "fair_value_direction": "Improving",
    "relative_strength": 3.778414,
    "relative_strength_direction": "Weakening",
    "price_momentum": 0.094541,
    "excess_performance": 0.041229,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.07951,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.035047,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.28285,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": true,
        "value": 0.056363,
        "read": "Closing upward"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": true,
        "value": 0.037784,
        "read": "Leading"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.012642,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": true,
        "value": 0.094541,
        "read": "Positive"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.581918,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 481,
      "relative_activity": 0.602417,
      "balance": 1.581918,
      "dry_up": 2.703989,
      "accumulation_observations": 2,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.016349,
      "annualized_volatility": 0.090439,
      "from_high_reference": -0.011068,
      "from_low_reference": 0.215797
    },
    "levels": {
      "trend_reference": 380.728334,
      "fair_value_reference": 320.38049,
      "structural_low": 355.799988,
      "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 35,
        "median_return": 0.012487,
        "positive_rate": 0.542857,
        "directional_follow_through": 0.542857,
        "median_excess_return": -0.00883,
        "regime_survival": 0.714286,
        "best_return": 0.077605,
        "worst_return": -0.09476,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 14,
        "median_return": 0.002794,
        "positive_rate": 0.571429,
        "directional_follow_through": 0.571429,
        "median_excess_return": 0.005058,
        "regime_survival": 0.428571,
        "best_return": 0.087172,
        "worst_return": -0.053007,
        "sufficient": true
      },
      {
        "horizon": "Extended",
        "sample_count": 8,
        "median_return": 0.068689,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.014883,
        "regime_survival": 0.625,
        "best_return": 0.109213,
        "worst_return": -0.157385,
        "sufficient": true
      },
      {
        "horizon": "Full cycle",
        "sample_count": 4,
        "median_return": 0.111693,
        "positive_rate": 0.75,
        "directional_follow_through": 0.75,
        "median_excess_return": 0.021005,
        "regime_survival": 0.5,
        "best_return": 0.1689,
        "worst_return": -0.082353,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2023-12-22",
        "end": "2024-04-26",
        "tenure": "Established",
        "return": 0.041659,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2024-05-03",
        "end": "2024-07-12",
        "tenure": "Developing",
        "return": 0.053016,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-07-19",
        "end": "2024-12-27",
        "tenure": "Established",
        "return": 0.04184,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-03",
        "end": "2025-02-07",
        "tenure": "Developing",
        "return": 0.032139,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-14",
        "end": "2025-02-28",
        "tenure": "New",
        "return": -0.023831,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-07",
        "end": "2025-03-14",
        "tenure": "New",
        "return": -0.016194,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-03-21",
        "end": "2025-03-28",
        "tenure": "New",
        "return": -0.015091,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2025-04-04",
        "end": "2025-05-23",
        "tenure": "Developing",
        "return": 0.131791,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2025-05-30",
        "end": "2025-07-04",
        "tenure": "Developing",
        "return": 0.072346,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-07-11",
        "end": "2025-10-31",
        "tenure": "Established",
        "return": 0.022747,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-11-07",
        "end": "2025-12-12",
        "tenure": "Developing",
        "return": 0.041204,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-12-19",
        "end": "2026-03-13",
        "tenure": "Established",
        "return": -0.018011,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-04-24",
        "tenure": "Developing",
        "return": 0.048913,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-05-01",
        "end": "2026-08-07",
        "tenure": "Established",
        "return": 0.086439,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 251.0,
        "volume": 0,
        "typical_volume": 152.75,
        "trend": 245.6,
        "fair_value": 234.768718,
        "relative_strength": 0.276454,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 63.958592,
        "energy": 71.180099,
        "activity_lines": [
          256.133331,
          254.897273,
          249.335238,
          246.679355
        ]
      },
      {
        "date": "2023-08-25",
        "close": 248.399994,
        "volume": 113,
        "typical_volume": 156.6,
        "trend": 245.365,
        "fair_value": 235.271026,
        "relative_strength": -1.453537,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 47.039894,
        "energy": 36.675756,
        "activity_lines": [
          253.176662,
          254.10909,
          249.613333,
          246.86
        ]
      },
      {
        "date": "2023-09-01",
        "close": 254.600006,
        "volume": 68,
        "typical_volume": 152.8,
        "trend": 245.195,
        "fair_value": 235.830513,
        "relative_strength": 0.245819,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 43.885912,
        "energy": 28.03224,
        "activity_lines": [
          252.939998,
          254.405454,
          250.435,
          247.455806
        ]
      },
      {
        "date": "2023-09-08",
        "close": 251.199997,
        "volume": 1921,
        "typical_volume": 246.75,
        "trend": 245.078333,
        "fair_value": 236.380385,
        "relative_strength": -0.122944,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.801348,
        "energy": 28.64138,
        "activity_lines": [
          251.943332,
          253.848181,
          250.878095,
          247.843226
        ]
      },
      {
        "date": "2023-09-15",
        "close": 252.300003,
        "volume": 0,
        "typical_volume": 224.1,
        "trend": 245.028333,
        "fair_value": 236.921154,
        "relative_strength": -1.392107,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.47958,
        "energy": 24.279469,
        "activity_lines": [
          251.860001,
          253.475454,
          251.396905,
          248.30914
        ]
      },
      {
        "date": "2023-09-22",
        "close": 247.199997,
        "volume": 0,
        "typical_volume": 218.05,
        "trend": 244.946666,
        "fair_value": 237.485385,
        "relative_strength": -0.633555,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.792219,
        "energy": 17.181571,
        "activity_lines": [
          250.426666,
          252.125454,
          251.367619,
          248.449247
        ]
      },
      {
        "date": "2023-09-29",
        "close": 247.399994,
        "volume": 119,
        "typical_volume": 214.3,
        "trend": 244.863333,
        "fair_value": 238.018846,
        "relative_strength": 0.279535,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.193262,
        "energy": 15.754158,
        "activity_lines": [
          249.313331,
          250.924543,
          251.27619,
          248.607526
        ]
      },
      {
        "date": "2023-10-06",
        "close": 240.800003,
        "volume": 2319,
        "typical_volume": 328.4,
        "trend": 244.946666,
        "fair_value": 238.457436,
        "relative_strength": -1.179754,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -19.557561,
        "energy": 29.473711,
        "activity_lines": [
          246.066666,
          248.719999,
          250.497142,
          248.345376
        ]
      },
      {
        "date": "2023-10-13",
        "close": 243.800003,
        "volume": 43,
        "typical_volume": 330.55,
        "trend": 245.415,
        "fair_value": 238.910641,
        "relative_strength": 0.976961,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "mixed",
        "direction": -27.984553,
        "energy": 40.147515,
        "activity_lines": [
          244.74,
          247.413636,
          249.993809,
          248.271398
        ]
      },
      {
        "date": "2023-10-20",
        "close": 239.699997,
        "volume": 132,
        "typical_volume": 331.55,
        "trend": 245.741667,
        "fair_value": 239.33859,
        "relative_strength": 2.086816,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -39.994516,
        "energy": 61.374405,
        "activity_lines": [
          242.539999,
          245.645454,
          249.054285,
          247.902688
        ]
      },
      {
        "date": "2023-10-27",
        "close": 234.199997,
        "volume": 45,
        "typical_volume": 330.25,
        "trend": 245.64,
        "fair_value": 239.8,
        "relative_strength": 0.201911,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -50.793807,
        "energy": 72.619372,
        "activity_lines": [
          239.346665,
          243.201817,
          247.578333,
          247.158064
        ]
      },
      {
        "date": "2023-11-03",
        "close": 245.649994,
        "volume": 135,
        "typical_volume": 335.2,
        "trend": 245.876666,
        "fair_value": 240.268397,
        "relative_strength": 1.391618,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -26.28282,
        "energy": 44.519787,
        "activity_lines": [
          240.836664,
          243.145453,
          247.226189,
          247.158709
        ]
      },
      {
        "date": "2023-11-10",
        "close": 241.699997,
        "volume": 17,
        "typical_volume": 294.15,
        "trend": 245.829999,
        "fair_value": 240.650192,
        "relative_strength": -0.048298,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -32.720835,
        "energy": 35.226191,
        "activity_lines": [
          241.126663,
          242.420907,
          246.49976,
          246.889246
        ]
      },
      {
        "date": "2023-11-17",
        "close": 250.649994,
        "volume": 261,
        "typical_volume": 289.45,
        "trend": 246.014999,
        "fair_value": 241.072308,
        "relative_strength": 1.044765,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 0.402745,
        "energy": 9.77041,
        "activity_lines": [
          244.339995,
          243.558179,
          246.625474,
          247.200214
        ]
      },
      {
        "date": "2023-11-24",
        "close": 253.0,
        "volume": 0,
        "typical_volume": 273.3,
        "trend": 246.474999,
        "fair_value": 241.467179,
        "relative_strength": 1.291093,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": 21.88105,
        "energy": 24.232028,
        "activity_lines": [
          247.879997,
          245.132725,
          246.973569,
          247.650859
        ]
      },
      {
        "date": "2023-12-01",
        "close": 258.75,
        "volume": 0,
        "typical_volume": 269.8,
        "trend": 247.428333,
        "fair_value": 241.864167,
        "relative_strength": 2.930164,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 56.92636,
        "energy": 45.937801,
        "activity_lines": [
          252.449998,
          247.739998,
          247.852855,
          248.442794
        ]
      },
      {
        "date": "2023-12-08",
        "close": 258.899994,
        "volume": 267,
        "typical_volume": 279.4,
        "trend": 248.224999,
        "fair_value": 242.273397,
        "relative_strength": 0.619982,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "up",
        "direction": 67.586238,
        "energy": 67.123034,
        "activity_lines": [
          255.43333,
          250.164543,
          248.72095,
          249.182902
        ]
      },
      {
        "date": "2023-12-15",
        "close": 270.299988,
        "volume": 25,
        "typical_volume": 278.15,
        "trend": 249.278332,
        "fair_value": 242.746218,
        "relative_strength": 4.139437,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 91.574846,
        "energy": 90.749393,
        "activity_lines": [
          261.333327,
          254.452723,
          250.671425,
          250.607094
        ]
      },
      {
        "date": "2023-12-22",
        "close": 272.450012,
        "volume": 220,
        "typical_volume": 286.2,
        "trend": 250.553333,
        "fair_value": 243.221538,
        "relative_strength": 5.350948,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.357194,
        "energy": 95.92458,
        "activity_lines": [
          266.043333,
          258.595453,
          252.77857,
          252.102042
        ]
      },
      {
        "date": "2023-12-29",
        "close": 272.149994,
        "volume": 7,
        "typical_volume": 284.6,
        "trend": 251.723332,
        "fair_value": 243.690064,
        "relative_strength": 5.613144,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.106059,
        "energy": 92.799611,
        "activity_lines": [
          269.199998,
          262.162725,
          254.794998,
          253.495375
        ]
      },
      {
        "date": "2024-01-05",
        "close": 271.549988,
        "volume": 0,
        "typical_volume": 284.6,
        "trend": 252.734999,
        "fair_value": 244.083333,
        "relative_strength": 7.016885,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.690832,
        "energy": 90.032642,
        "activity_lines": [
          270.879995,
          265.030905,
          256.684759,
          254.774514
        ]
      },
      {
        "date": "2024-01-12",
        "close": 270.450012,
        "volume": 171,
        "typical_volume": 287.5,
        "trend": 253.548332,
        "fair_value": 244.465064,
        "relative_strength": 5.907197,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.275811,
        "energy": 88.057948,
        "activity_lines": [
          271.34,
          267.019999,
          258.371903,
          255.917418
        ]
      },
      {
        "date": "2024-01-19",
        "close": 269.25,
        "volume": 164,
        "typical_volume": 292.3,
        "trend": 254.468332,
        "fair_value": 244.842949,
        "relative_strength": 6.683493,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.446643,
        "energy": 82.913921,
        "activity_lines": [
          270.630001,
          268.339999,
          259.83976,
          256.930429
        ]
      },
      {
        "date": "2024-01-26",
        "close": 275.049988,
        "volume": 0,
        "typical_volume": 196.25,
        "trend": 255.291665,
        "fair_value": 245.292308,
        "relative_strength": 5.232135,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.773628,
        "energy": 80.02532,
        "activity_lines": [
          271.92333,
          270.213634,
          261.790235,
          258.258277
        ]
      },
      {
        "date": "2024-02-02",
        "close": 275.149994,
        "volume": 44,
        "typical_volume": 198.45,
        "trend": 256.144998,
        "fair_value": 245.691666,
        "relative_strength": 5.830839,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 77.176231,
        "energy": 77.705319,
        "activity_lines": [
          273.076662,
          271.661815,
          263.636664,
          259.53946
        ]
      },
      {
        "date": "2024-02-09",
        "close": 277.049988,
        "volume": 0,
        "typical_volume": 198.45,
        "trend": 256.933331,
        "fair_value": 246.079166,
        "relative_strength": 5.761708,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 79.263838,
        "energy": 80.642781,
        "activity_lines": [
          274.663326,
          273.052722,
          265.555234,
          260.888169
        ]
      },
      {
        "date": "2024-02-16",
        "close": 280.0,
        "volume": 36,
        "typical_volume": 194.3,
        "trend": 257.659998,
        "fair_value": 246.473718,
        "relative_strength": 5.138878,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.226954,
        "energy": 92.777742,
        "activity_lines": [
          276.866661,
          274.647268,
          267.612615,
          262.376341
        ]
      },
      {
        "date": "2024-02-23",
        "close": 283.0,
        "volume": 702,
        "typical_volume": 113.45,
        "trend": 258.419997,
        "fair_value": 246.88782,
        "relative_strength": 3.571851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.827999,
        "energy": 93.985727,
        "activity_lines": [
          279.433329,
          276.403633,
          269.800473,
          264.01118
        ]
      },
      {
        "date": "2024-03-01",
        "close": 287.549988,
        "volume": 88,
        "typical_volume": 115.7,
        "trend": 259.35833,
        "fair_value": 247.34423,
        "relative_strength": 5.536105,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.009599,
        "energy": 96.903656,
        "activity_lines": [
          282.599994,
          278.756358,
          272.22071,
          265.890534
        ]
      },
      {
        "date": "2024-03-08",
        "close": 290.0,
        "volume": 38,
        "typical_volume": 111.0,
        "trend": 260.439997,
        "fair_value": 247.728205,
        "relative_strength": 5.007646,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.802544,
        "energy": 96.310226,
        "activity_lines": [
          285.749996,
          281.279996,
          274.665949,
          267.867416
        ]
      },
      {
        "date": "2024-03-15",
        "close": 288.399994,
        "volume": 81,
        "typical_volume": 112.8,
        "trend": 261.686664,
        "fair_value": 248.095512,
        "relative_strength": 2.561165,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.2836,
        "energy": 91.925249,
        "activity_lines": [
          287.376662,
          283.188177,
          276.719282,
          269.671287
        ]
      },
      {
        "date": "2024-03-22",
        "close": 296.200012,
        "volume": 37,
        "typical_volume": 107.9,
        "trend": 263.279998,
        "fair_value": 248.522435,
        "relative_strength": 5.286187,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 94.429509,
        "energy": 97.669052,
        "activity_lines": [
          290.846667,
          286.20818,
          279.257378,
          271.897954
        ]
      },
      {
        "date": "2024-03-29",
        "close": 299.450012,
        "volume": 50,
        "typical_volume": 109.55,
        "trend": 264.774998,
        "fair_value": 248.953525,
        "relative_strength": 5.501835,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 93.754052,
        "energy": 97.04059,
        "activity_lines": [
          294.320005,
          289.35091,
          281.864285,
          274.231504
        ]
      },
      {
        "date": "2024-04-05",
        "close": 294.75,
        "volume": 0,
        "typical_volume": 96.5,
        "trend": 266.226665,
        "fair_value": 249.328205,
        "relative_strength": 5.473059,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.564281,
        "energy": 77.883775,
        "activity_lines": [
          295.130005,
          291.090001,
          283.74857,
          276.165375
        ]
      },
      {
        "date": "2024-04-12",
        "close": 287.100006,
        "volume": 230,
        "typical_volume": 108.0,
        "trend": 267.386665,
        "fair_value": 249.635577,
        "relative_strength": 3.182058,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.903786,
        "energy": 67.606682,
        "activity_lines": [
          292.910006,
          291.080003,
          284.694286,
          277.512042
        ]
      },
      {
        "date": "2024-04-19",
        "close": 281.649994,
        "volume": 200,
        "typical_volume": 118.0,
        "trend": 268.534998,
        "fair_value": 249.903205,
        "relative_strength": 0.923021,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 53.415323,
        "energy": 56.957129,
        "activity_lines": [
          289.066669,
          289.86182,
          284.958571,
          278.432257
        ]
      },
      {
        "date": "2024-04-26",
        "close": 283.799988,
        "volume": 329,
        "typical_volume": 121.1,
        "trend": 269.748331,
        "fair_value": 250.1875,
        "relative_strength": 0.689932,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 42.473945,
        "energy": 33.264395,
        "activity_lines": [
          286.389996,
          288.950908,
          285.31857,
          279.417095
        ]
      },
      {
        "date": "2024-05-03",
        "close": 281.049988,
        "volume": 231,
        "typical_volume": 131.4,
        "trend": 271.089997,
        "fair_value": 250.415064,
        "relative_strength": 1.108655,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 30.814471,
        "energy": 37.597713,
        "activity_lines": [
          283.623326,
          287.470906,
          285.298093,
          280.146234
        ]
      },
      {
        "date": "2024-05-10",
        "close": 286.350006,
        "volume": 10,
        "typical_volume": 120.9,
        "trend": 272.508331,
        "fair_value": 250.692948,
        "relative_strength": -0.435513,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 27.9343,
        "energy": 31.748575,
        "activity_lines": [
          283.849996,
          286.989999,
          285.731189,
          281.130751
        ]
      },
      {
        "date": "2024-05-17",
        "close": 288.0,
        "volume": 45,
        "typical_volume": 122.8,
        "trend": 274.118331,
        "fair_value": 250.98782,
        "relative_strength": 0.583329,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 38.831972,
        "energy": 24.952209,
        "activity_lines": [
          285.186664,
          286.830908,
          286.255237,
          282.130213
        ]
      },
      {
        "date": "2024-05-24",
        "close": 285.399994,
        "volume": 48,
        "typical_volume": 125.2,
        "trend": 275.824997,
        "fair_value": 251.258653,
        "relative_strength": 0.388926,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.363433,
        "energy": 16.245784,
        "activity_lines": [
          285.596663,
          286.235452,
          286.456189,
          282.858062
        ]
      },
      {
        "date": "2024-05-31",
        "close": 283.049988,
        "volume": 82,
        "typical_volume": 120.75,
        "trend": 277.071664,
        "fair_value": 251.508333,
        "relative_strength": 0.679239,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.980972,
        "energy": 16.839399,
        "activity_lines": [
          284.973328,
          285.267268,
          286.367378,
          283.324191
        ]
      },
      {
        "date": "2024-06-07",
        "close": 285.649994,
        "volume": 0,
        "typical_volume": 112.55,
        "trend": 278.536664,
        "fair_value": 251.769871,
        "relative_strength": 1.365453,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.834868,
        "energy": 18.365419,
        "activity_lines": [
          285.266661,
          285.010904,
          286.466187,
          283.877631
        ]
      },
      {
        "date": "2024-06-14",
        "close": 283.200012,
        "volume": 0,
        "typical_volume": 112.55,
        "trend": 279.621664,
        "fair_value": 252.057051,
        "relative_strength": 6.913824,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.071584,
        "energy": 8.055672,
        "activity_lines": [
          284.436666,
          284.559998,
          286.25357,
          284.178493
        ]
      },
      {
        "date": "2024-06-21",
        "close": 288.350006,
        "volume": 78,
        "typical_volume": 114.25,
        "trend": 280.799998,
        "fair_value": 252.340064,
        "relative_strength": 6.833494,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 35.597854,
        "energy": 16.885387,
        "activity_lines": [
          285.533335,
          285.255454,
          286.492618,
          284.741611
        ]
      },
      {
        "date": "2024-06-28",
        "close": 289.049988,
        "volume": 81,
        "typical_volume": 118.3,
        "trend": 281.809998,
        "fair_value": 252.613461,
        "relative_strength": 8.943569,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 42.153399,
        "energy": 24.670482,
        "activity_lines": [
          286.839998,
          286.055452,
          286.735474,
          285.273869
        ]
      },
      {
        "date": "2024-07-05",
        "close": 286.149994,
        "volume": 0,
        "typical_volume": 116.5,
        "trend": 282.718331,
        "fair_value": 252.867628,
        "relative_strength": 4.968763,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.143143,
        "energy": 20.879468,
        "activity_lines": [
          286.936664,
          286.193634,
          286.644998,
          285.553869
        ]
      },
      {
        "date": "2024-07-12",
        "close": 295.950012,
        "volume": 0,
        "typical_volume": 81.4,
        "trend": 283.573332,
        "fair_value": 253.190384,
        "relative_strength": 7.64886,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 75.574601,
        "energy": 61.554383,
        "activity_lines": [
          290.093335,
          288.070909,
          287.45857,
          286.407525
        ]
      },
      {
        "date": "2024-07-19",
        "close": 301.149994,
        "volume": 33,
        "typical_volume": 78.65,
        "trend": 284.529998,
        "fair_value": 253.523076,
        "relative_strength": 11.983171,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.053845,
        "energy": 82.920545,
        "activity_lines": [
          294.296665,
          290.622726,
          288.705713,
          287.541504
        ]
      },
      {
        "date": "2024-07-26",
        "close": 296.149994,
        "volume": 50,
        "typical_volume": 79.25,
        "trend": 285.329998,
        "fair_value": 253.819871,
        "relative_strength": 10.098237,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.46294,
        "energy": 77.765679,
        "activity_lines": [
          295.636664,
          291.996362,
          289.411903,
          288.291181
        ]
      },
      {
        "date": "2024-08-02",
        "close": 305.200012,
        "volume": 25,
        "typical_volume": 76.45,
        "trend": 286.451665,
        "fair_value": 254.15641,
        "relative_strength": 17.205384,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 88.352974,
        "energy": 91.076194,
        "activity_lines": [
          299.473336,
          294.867273,
          290.950714,
          289.573117
        ]
      },
      {
        "date": "2024-08-09",
        "close": 285.950012,
        "volume": 1307,
        "typical_volume": 139.95,
        "trend": 286.968332,
        "fair_value": 254.342948,
        "relative_strength": 9.293723,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.96882,
        "energy": 52.869278,
        "activity_lines": [
          295.816673,
          293.878185,
          290.576191,
          289.540753
        ]
      },
      {
        "date": "2024-08-16",
        "close": 296.0,
        "volume": 1255,
        "typical_volume": 200.2,
        "trend": 287.859999,
        "fair_value": 254.607051,
        "relative_strength": 10.125117,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 57.924522,
        "energy": 38.190479,
        "activity_lines": [
          295.523338,
          294.663639,
          291.20762,
          290.123441
        ]
      },
      {
        "date": "2024-08-23",
        "close": 296.0,
        "volume": 0,
        "typical_volume": 200.2,
        "trend": 288.558332,
        "fair_value": 254.843269,
        "relative_strength": 8.003409,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.991302,
        "energy": 32.578597,
        "activity_lines": [
          295.22667,
          295.260911,
          291.855477,
          290.648602
        ]
      },
      {
        "date": "2024-08-30",
        "close": 308.5,
        "volume": 8,
        "typical_volume": 189.1,
        "trend": 289.669999,
        "fair_value": 255.158653,
        "relative_strength": 11.441167,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.626838,
        "energy": 46.687011,
        "activity_lines": [
          299.440002,
          297.898184,
          293.687858,
          291.935161
        ]
      },
      {
        "date": "2024-09-06",
        "close": 310.549988,
        "volume": 40,
        "typical_volume": 181.1,
        "trend": 290.786666,
        "fair_value": 255.516025,
        "relative_strength": 15.96945,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.461882,
        "energy": 79.691562,
        "activity_lines": [
          303.51333,
          300.541818,
          295.613571,
          293.282257
        ]
      },
      {
        "date": "2024-09-13",
        "close": 298.950012,
        "volume": 1500,
        "typical_volume": 239.65,
        "trend": 291.418333,
        "fair_value": 255.818269,
        "relative_strength": 9.609811,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.642943,
        "energy": 67.140239,
        "activity_lines": [
          303.363334,
          300.685456,
          296.296906,
          293.808925
        ]
      },
      {
        "date": "2024-09-20",
        "close": 311.799988,
        "volume": 415,
        "typical_volume": 248.85,
        "trend": 292.378333,
        "fair_value": 256.20673,
        "relative_strength": 13.360024,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.788585,
        "energy": 78.457007,
        "activity_lines": [
          306.629997,
          302.932727,
          298.131905,
          295.12387
        ]
      },
      {
        "date": "2024-09-27",
        "close": 319.0,
        "volume": 52,
        "typical_volume": 250.95,
        "trend": 293.426666,
        "fair_value": 256.689743,
        "relative_strength": 11.272729,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 84.719216,
        "energy": 83.391597,
        "activity_lines": [
          311.243331,
          306.200908,
          300.50619,
          296.841397
        ]
      },
      {
        "date": "2024-10-04",
        "close": 318.149994,
        "volume": 74,
        "typical_volume": 252.4,
        "trend": 294.364999,
        "fair_value": 257.141666,
        "relative_strength": 14.179254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.344169,
        "energy": 77.634636,
        "activity_lines": [
          314.039996,
          308.989998,
          302.644047,
          298.436451
        ]
      },
      {
        "date": "2024-10-11",
        "close": 322.149994,
        "volume": 226,
        "typical_volume": 261.3,
        "trend": 295.489999,
        "fair_value": 257.59391,
        "relative_strength": 14.598136,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.804962,
        "energy": 90.483839,
        "activity_lines": [
          317.526662,
          312.10636,
          305.019285,
          300.229031
        ]
      },
      {
        "date": "2024-10-18",
        "close": 324.149994,
        "volume": 13,
        "typical_volume": 257.85,
        "trend": 296.421665,
        "fair_value": 258.024679,
        "relative_strength": 14.337721,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.5554,
        "energy": 90.116758,
        "activity_lines": [
          320.906661,
          315.278178,
          307.409998,
          302.078063
        ]
      },
      {
        "date": "2024-10-25",
        "close": 318.299988,
        "volume": 92,
        "typical_volume": 262.45,
        "trend": 297.049998,
        "fair_value": 258.418269,
        "relative_strength": 13.535554,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.960892,
        "energy": 82.1131,
        "activity_lines": [
          320.656659,
          316.691813,
          309.047854,
          303.489568
        ]
      },
      {
        "date": "2024-11-01",
        "close": 318.350006,
        "volume": 315,
        "typical_volume": 278.2,
        "trend": 297.836665,
        "fair_value": 258.784615,
        "relative_strength": 14.431347,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.153864,
        "energy": 73.75458,
        "activity_lines": [
          319.989996,
          317.709087,
          310.534998,
          304.863762
        ]
      },
      {
        "date": "2024-11-08",
        "close": 328.350006,
        "volume": 334,
        "typical_volume": 291.0,
        "trend": 299.211665,
        "fair_value": 259.196474,
        "relative_strength": 18.52531,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.779341,
        "energy": 79.867793,
        "activity_lines": [
          322.7,
          320.13818,
          312.807141,
          306.832364
        ]
      },
      {
        "date": "2024-11-15",
        "close": 328.549988,
        "volume": 774,
        "typical_volume": 325.65,
        "trend": 300.774998,
        "fair_value": 259.616986,
        "relative_strength": 19.084072,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 79.587713,
        "energy": 78.693781,
        "activity_lines": [
          324.796663,
          322.242724,
          314.907855,
          308.725159
        ]
      },
      {
        "date": "2024-11-22",
        "close": 323.600006,
        "volume": 236,
        "typical_volume": 337.45,
        "trend": 302.101665,
        "fair_value": 260.039743,
        "relative_strength": 16.93897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 63.567208,
        "energy": 63.605953,
        "activity_lines": [
          324.816667,
          323.119998,
          316.349046,
          310.197741
        ]
      },
      {
        "date": "2024-11-29",
        "close": 335.850006,
        "volume": 128,
        "typical_volume": 343.85,
        "trend": 303.928333,
        "fair_value": 260.551281,
        "relative_strength": 21.01638,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.770123,
        "energy": 86.856157,
        "activity_lines": [
          328.956669,
          325.776363,
          318.77857,
          312.375053
        ]
      },
      {
        "date": "2024-12-06",
        "close": 332.450012,
        "volume": 771,
        "typical_volume": 380.75,
        "trend": 305.464999,
        "fair_value": 261.005769,
        "relative_strength": 16.094849,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.772027,
        "energy": 69.882055,
        "activity_lines": [
          330.793339,
          327.377275,
          320.694286,
          314.215161
        ]
      },
      {
        "date": "2024-12-13",
        "close": 324.25,
        "volume": 6958,
        "typical_volume": 726.15,
        "trend": 306.673333,
        "fair_value": 261.408653,
        "relative_strength": 13.034648,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.555651,
        "energy": 62.348403,
        "activity_lines": [
          328.956671,
          327.24273,
          321.68,
          315.427097
        ]
      },
      {
        "date": "2024-12-20",
        "close": 313.5,
        "volume": 920,
        "typical_volume": 770.9,
        "trend": 307.61,
        "fair_value": 261.728525,
        "relative_strength": 10.925482,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.559161,
        "energy": 39.363834,
        "activity_lines": [
          323.810004,
          325.04273,
          321.508095,
          315.867527
        ]
      },
      {
        "date": "2024-12-27",
        "close": 313.75,
        "volume": 1,
        "typical_volume": 705.6,
        "trend": 308.633333,
        "fair_value": 262.023397,
        "relative_strength": 9.436801,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 20.968142,
        "energy": 24.391309,
        "activity_lines": [
          319.750002,
          323.045457,
          321.320476,
          316.263656
        ]
      },
      {
        "date": "2025-01-03",
        "close": 312.700012,
        "volume": 280,
        "typical_volume": 656.85,
        "trend": 309.535001,
        "fair_value": 262.307051,
        "relative_strength": 9.822293,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.708221,
        "energy": 27.150665,
        "activity_lines": [
          315.996671,
          321.046368,
          320.900478,
          316.526022
        ]
      },
      {
        "date": "2025-01-10",
        "close": 309.700012,
        "volume": 34,
        "typical_volume": 658.55,
        "trend": 310.418334,
        "fair_value": 262.585897,
        "relative_strength": 6.305529,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -15.372108,
        "energy": 37.650343,
        "activity_lines": [
          312.786674,
          318.603642,
          320.115241,
          316.536668
        ]
      },
      {
        "date": "2025-01-17",
        "close": 322.5,
        "volume": 1097,
        "typical_volume": 713.0,
        "trend": 311.556667,
        "fair_value": 263.01282,
        "relative_strength": 6.420423,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 9.374833,
        "energy": 24.308777,
        "activity_lines": [
          315.360006,
          318.645459,
          320.483812,
          317.316131
        ]
      },
      {
        "date": "2025-01-24",
        "close": 325.149994,
        "volume": 117,
        "typical_volume": 716.85,
        "trend": 312.760001,
        "fair_value": 263.50032,
        "relative_strength": 4.092244,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.410657,
        "energy": 16.510309,
        "activity_lines": [
          318.933335,
          319.275458,
          321.038097,
          318.193119
        ]
      },
      {
        "date": "2025-01-31",
        "close": 326.950012,
        "volume": 298,
        "typical_volume": 656.75,
        "trend": 314.120001,
        "fair_value": 263.955769,
        "relative_strength": 4.123413,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 49.442848,
        "energy": 31.300158,
        "activity_lines": [
          322.330005,
          320.29455,
          321.694289,
          319.108604
        ]
      },
      {
        "date": "2025-02-07",
        "close": 322.75,
        "volume": 2267,
        "typical_volume": 749.35,
        "trend": 315.013334,
        "fair_value": 264.350641,
        "relative_strength": 2.279349,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.019659,
        "energy": 36.44754,
        "activity_lines": [
          323.446669,
          320.489095,
          321.817146,
          319.665378
        ]
      },
      {
        "date": "2025-02-14",
        "close": 325.200012,
        "volume": 309,
        "typical_volume": 762.2,
        "trend": 315.815001,
        "fair_value": 264.800961,
        "relative_strength": 0.284997,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.814731,
        "energy": 38.751508,
        "activity_lines": [
          324.710006,
          321.367278,
          322.121194,
          320.322583
        ]
      },
      {
        "date": "2025-02-21",
        "close": 323.450012,
        "volume": 802,
        "typical_volume": 798.6,
        "trend": 316.725002,
        "fair_value": 265.254487,
        "relative_strength": -0.161312,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 43.423716,
        "energy": 39.129616,
        "activity_lines": [
          324.356675,
          322.059097,
          322.229053,
          320.815164
        ]
      },
      {
        "date": "2025-02-28",
        "close": 317.450012,
        "volume": 301,
        "typical_volume": 802.35,
        "trend": 317.133335,
        "fair_value": 265.697436,
        "relative_strength": -1.633098,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 19.528721,
        "energy": 12.201088,
        "activity_lines": [
          321.94001,
          321.674553,
          321.740244,
          320.861939
        ]
      },
      {
        "date": "2025-03-07",
        "close": 308.75,
        "volume": 1530,
        "typical_volume": 878.2,
        "trend": 317.893335,
        "fair_value": 266.092949,
        "relative_strength": -4.524471,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -33.478868,
        "energy": 25.363666,
        "activity_lines": [
          317.136674,
          319.63637,
          320.445244,
          320.321079
        ]
      },
      {
        "date": "2025-03-14",
        "close": 303.75,
        "volume": 481,
        "typical_volume": 897.65,
        "trend": 318.151668,
        "fair_value": 266.40641,
        "relative_strength": -5.103227,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -54.60065,
        "energy": 64.489715,
        "activity_lines": [
          311.880005,
          316.780005,
          318.747386,
          319.408606
        ]
      },
      {
        "date": "2025-03-21",
        "close": 311.450012,
        "volume": 163,
        "typical_volume": 890.05,
        "trend": 318.666669,
        "fair_value": 266.737179,
        "relative_strength": -2.986849,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -34.194321,
        "energy": 66.760399,
        "activity_lines": [
          310.456673,
          315.48637,
          317.852149,
          318.976241
        ]
      },
      {
        "date": "2025-03-28",
        "close": 306.75,
        "volume": 44,
        "typical_volume": 875.55,
        "trend": 318.608335,
        "fair_value": 267.067628,
        "relative_strength": -3.024981,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -70.807272,
        "energy": 81.300446,
        "activity_lines": [
          308.383337,
          313.306369,
          316.542148,
          318.207423
        ]
      },
      {
        "date": "2025-04-04",
        "close": 285.299988,
        "volume": 1326,
        "typical_volume": 903.15,
        "trend": 317.766669,
        "fair_value": 267.25,
        "relative_strength": -1.982638,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -94.686885,
        "energy": 94.528473,
        "activity_lines": [
          300.273332,
          307.51273,
          313.292147,
          316.058498
        ]
      },
      {
        "date": "2025-04-11",
        "close": 281.450012,
        "volume": 133,
        "typical_volume": 898.0,
        "trend": 317.183335,
        "fair_value": 267.413141,
        "relative_strength": -1.168952,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -91.285457,
        "energy": 95.094285,
        "activity_lines": [
          293.023336,
          301.74364,
          309.881433,
          313.715488
        ]
      },
      {
        "date": "2025-04-18",
        "close": 289.149994,
        "volume": 61,
        "typical_volume": 894.65,
        "trend": 316.428336,
        "fair_value": 267.651282,
        "relative_strength": -1.20536,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.911694,
        "energy": 88.556173,
        "activity_lines": [
          290.16,
          298.20182,
          307.404765,
          311.906885
        ]
      },
      {
        "date": "2025-04-25",
        "close": 299.299988,
        "volume": 1517,
        "typical_volume": 931.95,
        "trend": 315.771668,
        "fair_value": 267.988782,
        "relative_strength": -1.353658,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -66.003366,
        "energy": 80.444363,
        "activity_lines": [
          291.653329,
          297.116362,
          306.117145,
          310.80183
        ]
      },
      {
        "date": "2025-05-02",
        "close": 306.25,
        "volume": 308,
        "typical_volume": 599.45,
        "trend": 315.375002,
        "fair_value": 268.396154,
        "relative_strength": -2.296515,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -62.344754,
        "energy": 52.178412,
        "activity_lines": [
          296.27333,
          297.765453,
          305.649287,
          310.187529
        ]
      },
      {
        "date": "2025-05-09",
        "close": 312.549988,
        "volume": 89,
        "typical_volume": 557.9,
        "trend": 315.055002,
        "fair_value": 268.871474,
        "relative_strength": -0.205149,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -33.025391,
        "energy": 21.310224,
        "activity_lines": [
          303.02666,
          299.872723,
          305.867143,
          310.00527
        ]
      },
      {
        "date": "2025-05-16",
        "close": 325.5,
        "volume": 415,
        "typical_volume": 578.6,
        "trend": 315.100002,
        "fair_value": 269.4875,
        "relative_strength": 1.75525,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": 3.334417,
        "energy": 24.679287,
        "activity_lines": [
          312.279995,
          304.423633,
          307.322857,
          310.679141
        ]
      },
      {
        "date": "2025-05-23",
        "close": 322.899994,
        "volume": 323,
        "typical_volume": 580.75,
        "trend": 315.253336,
        "fair_value": 269.975641,
        "relative_strength": 2.614154,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "mixed",
        "direction": 20.632975,
        "energy": 36.264016,
        "activity_lines": [
          317.729995,
          308.197268,
          308.474999,
          311.182366
        ]
      },
      {
        "date": "2025-05-30",
        "close": 319.299988,
        "volume": 348,
        "typical_volume": 596.45,
        "trend": 315.285002,
        "fair_value": 270.454166,
        "relative_strength": 0.965461,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 22.233643,
        "energy": 38.375356,
        "activity_lines": [
          319.729993,
          310.968176,
          309.235712,
          311.443441
        ]
      },
      {
        "date": "2025-06-06",
        "close": 324.25,
        "volume": 780,
        "typical_volume": 580.6,
        "trend": 315.148335,
        "fair_value": 271.045512,
        "relative_strength": 1.554838,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 31.613357,
        "energy": 49.786679,
        "activity_lines": [
          322.046661,
          314.496359,
          310.422141,
          312.021828
        ]
      },
      {
        "date": "2025-06-13",
        "close": 325.299988,
        "volume": 249,
        "typical_volume": 587.2,
        "trend": 315.040001,
        "fair_value": 271.741666,
        "relative_strength": 3.254505,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 32.142608,
        "energy": 57.555724,
        "activity_lines": [
          323.513326,
          317.897266,
          311.700235,
          312.676773
        ]
      },
      {
        "date": "2025-06-20",
        "close": 327.549988,
        "volume": 974,
        "typical_volume": 621.0,
        "trend": 315.171667,
        "fair_value": 272.388461,
        "relative_strength": 5.006388,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 34.833663,
        "energy": 55.121341,
        "activity_lines": [
          324.879991,
          320.979992,
          313.1919,
          313.483869
        ]
      },
      {
        "date": "2025-06-27",
        "close": 335.399994,
        "volume": 599,
        "typical_volume": 537.6,
        "trend": 315.156667,
        "fair_value": 273.124358,
        "relative_strength": 5.852929,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 54.503372,
        "energy": 68.762958,
        "activity_lines": [
          328.726658,
          324.651811,
          315.428328,
          314.788922
        ]
      },
      {
        "date": "2025-07-04",
        "close": 342.399994,
        "volume": 775,
        "typical_volume": 560.9,
        "trend": 315.488333,
        "fair_value": 273.86923,
        "relative_strength": 7.633661,
        "stage": 2,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 88.282279,
        "energy": 93.01614,
        "activity_lines": [
          334.073326,
          328.755447,
          318.271185,
          316.546556
        ]
      },
      {
        "date": "2025-07-11",
        "close": 340.700012,
        "volume": 592,
        "typical_volume": 550.4,
        "trend": 316.036667,
        "fair_value": 274.623717,
        "relative_strength": 5.025459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 80.895275,
        "energy": 92.161975,
        "activity_lines": [
          337.313332,
          331.76636,
          320.870234,
          318.173116
        ]
      },
      {
        "date": "2025-07-18",
        "close": 339.899994,
        "volume": 159,
        "typical_volume": 543.3,
        "trend": 316.916667,
        "fair_value": 275.3125,
        "relative_strength": 4.698346,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.375853,
        "energy": 89.620456,
        "activity_lines": [
          339.189998,
          334.005451,
          323.310948,
          319.712686
        ]
      },
      {
        "date": "2025-07-25",
        "close": 340.799988,
        "volume": 68,
        "typical_volume": 470.2,
        "trend": 317.818333,
        "fair_value": 275.989423,
        "relative_strength": 4.616951,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.529018,
        "energy": 89.458183,
        "activity_lines": [
          340.393329,
          335.910904,
          325.730471,
          321.253545
        ]
      },
      {
        "date": "2025-08-01",
        "close": 333.25,
        "volume": 383,
        "typical_volume": 465.3,
        "trend": 318.503333,
        "fair_value": 276.624679,
        "relative_strength": 6.1074,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 67.441122,
        "energy": 84.55588,
        "activity_lines": [
          338.196663,
          336.16545,
          327.278329,
          322.249137
        ]
      },
      {
        "date": "2025-08-08",
        "close": 337.700012,
        "volume": 65,
        "typical_volume": 460.4,
        "trend": 319.436666,
        "fair_value": 277.213782,
        "relative_strength": 4.584061,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 66.484841,
        "energy": 63.281292,
        "activity_lines": [
          337.626668,
          337.040908,
          329.109521,
          323.487632
        ]
      },
      {
        "date": "2025-08-15",
        "close": 346.700012,
        "volume": 957,
        "typical_volume": 506.05,
        "trend": 320.243333,
        "fair_value": 277.869871,
        "relative_strength": 4.731722,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 89.390113,
        "energy": 72.119257,
        "activity_lines": [
          340.370005,
          339.218183,
          331.672855,
          325.246558
        ]
      },
      {
        "date": "2025-08-22",
        "close": 353.700012,
        "volume": 642,
        "typical_volume": 471.85,
        "trend": 321.195,
        "fair_value": 278.601282,
        "relative_strength": 5.96712,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 93.925914,
        "energy": 75.714216,
        "activity_lines": [
          345.046675,
          342.260004,
          334.712619,
          327.405053
        ]
      },
      {
        "date": "2025-08-29",
        "close": 352.399994,
        "volume": 1507,
        "typical_volume": 540.55,
        "trend": 322.043333,
        "fair_value": 279.359615,
        "relative_strength": 8.954211,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 85.300368,
        "energy": 92.643544,
        "activity_lines": [
          348.370005,
          344.549094,
          337.302856,
          329.418278
        ]
      },
      {
        "date": "2025-09-05",
        "close": 349.899994,
        "volume": 152,
        "typical_volume": 545.1,
        "trend": 322.948333,
        "fair_value": 280.073076,
        "relative_strength": 8.42524,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.106256,
        "energy": 87.796651,
        "activity_lines": [
          350.086668,
          345.93182,
          339.317142,
          331.215482
        ]
      },
      {
        "date": "2025-09-12",
        "close": 355.950012,
        "volume": 7,
        "typical_volume": 469.6,
        "trend": 323.973333,
        "fair_value": 280.901282,
        "relative_strength": 7.910614,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.673716,
        "energy": 92.584719,
        "activity_lines": [
          352.710004,
          348.150913,
          341.618334,
          333.344623
        ]
      },
      {
        "date": "2025-09-19",
        "close": 354.350006,
        "volume": 67,
        "typical_volume": 457.55,
        "trend": 325.003333,
        "fair_value": 281.800961,
        "relative_strength": 6.864814,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.90685,
        "energy": 78.321351,
        "activity_lines": [
          353.583337,
          349.832731,
          343.497382,
          335.304408
        ]
      },
      {
        "date": "2025-09-26",
        "close": 355.100006,
        "volume": 160,
        "typical_volume": 461.1,
        "trend": 326.258332,
        "fair_value": 282.704166,
        "relative_strength": 6.655582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.726406,
        "energy": 69.259575,
        "activity_lines": [
          354.196671,
          351.402732,
          345.218811,
          337.246129
        ]
      },
      {
        "date": "2025-10-03",
        "close": 359.25,
        "volume": 23,
        "typical_volume": 441.5,
        "trend": 327.941666,
        "fair_value": 283.600961,
        "relative_strength": 4.978582,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.666725,
        "energy": 73.389143,
        "activity_lines": [
          356.100004,
          353.450913,
          347.132859,
          339.374624
        ]
      },
      {
        "date": "2025-10-10",
        "close": 356.649994,
        "volume": 13,
        "typical_volume": 426.0,
        "trend": 329.704999,
        "fair_value": 284.484615,
        "relative_strength": 6.249243,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.537315,
        "energy": 66.745141,
        "activity_lines": [
          356.680001,
          354.690911,
          348.638573,
          341.226774
        ]
      },
      {
        "date": "2025-10-17",
        "close": 348.600006,
        "volume": 257,
        "typical_volume": 421.45,
        "trend": 330.943332,
        "fair_value": 285.304487,
        "relative_strength": 0.593012,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.401994,
        "energy": 62.243045,
        "activity_lines": [
          354.126668,
          354.041821,
          349.216907,
          342.445807
        ]
      },
      {
        "date": "2025-10-24",
        "close": 357.156403,
        "volume": 17,
        "typical_volume": 383.3,
        "trend": 332.623545,
        "fair_value": 286.099079,
        "relative_strength": 2.372829,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.756496,
        "energy": 60.768977,
        "activity_lines": [
          354.915468,
          354.750257,
          350.470612,
          344.136973
        ]
      },
      {
        "date": "2025-10-31",
        "close": 348.450012,
        "volume": 97,
        "typical_volume": 375.7,
        "trend": 334.728546,
        "fair_value": 286.86222,
        "relative_strength": 1.165999,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.340385,
        "energy": 37.225776,
        "activity_lines": [
          352.615045,
          353.685597,
          350.73844,
          345.158035
        ]
      },
      {
        "date": "2025-11-07",
        "close": 347.049988,
        "volume": 971,
        "typical_volume": 375.55,
        "trend": 336.915212,
        "fair_value": 287.518951,
        "relative_strength": 2.976224,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.002434,
        "energy": 25.695261,
        "activity_lines": [
          350.29128,
          352.461841,
          350.762694,
          345.952967
        ]
      },
      {
        "date": "2025-11-14",
        "close": 350.600006,
        "volume": 457,
        "typical_volume": 368.45,
        "trend": 338.963546,
        "fair_value": 288.216707,
        "relative_strength": 1.334391,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 34.910352,
        "energy": 21.038344,
        "activity_lines": [
          349.964189,
          351.980817,
          351.032187,
          346.835857
        ]
      },
      {
        "date": "2025-11-21",
        "close": 342.950012,
        "volume": 707,
        "typical_volume": 365.05,
        "trend": 340.418547,
        "fair_value": 288.829528,
        "relative_strength": 1.526501,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -2.873197,
        "energy": 17.186742,
        "activity_lines": [
          347.490432,
          350.096156,
          350.500729,
          347.093048
        ]
      },
      {
        "date": "2025-11-28",
        "close": 352.850006,
        "volume": 241,
        "typical_volume": 347.5,
        "trend": 341.97188,
        "fair_value": 289.502284,
        "relative_strength": 2.795316,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.310277,
        "energy": 17.989011,
        "activity_lines": [
          348.693339,
          350.247859,
          350.909509,
          347.895078
        ]
      },
      {
        "date": "2025-12-05",
        "close": 358.649994,
        "volume": 47,
        "typical_volume": 341.9,
        "trend": 343.508547,
        "fair_value": 290.254207,
        "relative_strength": 4.614569,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 55.317931,
        "energy": 29.424348,
        "activity_lines": [
          352.116669,
          351.481377,
          351.812811,
          348.971085
        ]
      },
      {
        "date": "2025-12-12",
        "close": 361.350006,
        "volume": 5,
        "typical_volume": 338.75,
        "trend": 344.703547,
        "fair_value": 291.055169,
        "relative_strength": 5.955243,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 71.607597,
        "energy": 46.531356,
        "activity_lines": [
          355.760004,
          353.141261,
          352.883971,
          350.122147
        ]
      },
      {
        "date": "2025-12-19",
        "close": 366.450012,
        "volume": 112,
        "typical_volume": 325.2,
        "trend": 346.155214,
        "fair_value": 291.907733,
        "relative_strength": 6.269821,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.072009,
        "energy": 78.873813,
        "activity_lines": [
          360.150006,
          355.690238,
          354.342989,
          351.525145
        ]
      },
      {
        "date": "2025-12-26",
        "close": 366.450012,
        "volume": 0,
        "typical_volume": 321.95,
        "trend": 347.726882,
        "fair_value": 292.745233,
        "relative_strength": 6.772172,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.221039,
        "energy": 83.629148,
        "activity_lines": [
          363.483341,
          358.061032,
          355.643911,
          352.834486
        ]
      },
      {
        "date": "2026-01-02",
        "close": 365.200012,
        "volume": 2,
        "typical_volume": 274.2,
        "trend": 349.091882,
        "fair_value": 293.551964,
        "relative_strength": 5.140768,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 68.936809,
        "energy": 82.18009,
        "activity_lines": [
          364.833343,
          359.880008,
          356.688882,
          353.961785
        ]
      },
      {
        "date": "2026-01-09",
        "close": 374.850006,
        "volume": 2,
        "typical_volume": 242.2,
        "trend": 350.74355,
        "fair_value": 294.355169,
        "relative_strength": 5.614298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.709791,
        "energy": 90.73646,
        "activity_lines": [
          368.576676,
          363.30728,
          358.564804,
          355.6236
        ]
      },
      {
        "date": "2026-01-16",
        "close": 376.200012,
        "volume": 55,
        "typical_volume": 169.6,
        "trend": 352.365217,
        "fair_value": 295.196836,
        "relative_strength": 7.137874,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.080842,
        "energy": 92.832411,
        "activity_lines": [
          371.69001,
          366.500009,
          360.468584,
          357.265952
        ]
      },
      {
        "date": "2026-01-23",
        "close": 371.200012,
        "volume": 71,
        "typical_volume": 165.55,
        "trend": 353.558551,
        "fair_value": 295.938823,
        "relative_strength": 6.997254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.280224,
        "energy": 83.727737,
        "activity_lines": [
          372.146677,
          368.253646,
          361.782839,
          358.4811
        ]
      },
      {
        "date": "2026-01-30",
        "close": 366.75,
        "volume": 18,
        "typical_volume": 166.1,
        "trend": 354.370218,
        "fair_value": 296.625041,
        "relative_strength": 5.738297,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 65.568852,
        "energy": 74.783034,
        "activity_lines": [
          370.803341,
          368.823644,
          362.571856,
          359.332161
        ]
      },
      {
        "date": "2026-02-06",
        "close": 375.5,
        "volume": 836,
        "typical_volume": 204.55,
        "trend": 355.530217,
        "fair_value": 297.3994,
        "relative_strength": 6.099083,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.855372,
        "energy": 65.609912,
        "activity_lines": [
          372.356671,
          370.551825,
          364.142777,
          360.695373
        ]
      },
      {
        "date": "2026-02-13",
        "close": 372.75,
        "volume": 481,
        "typical_volume": 220.6,
        "trend": 356.625218,
        "fair_value": 298.1619,
        "relative_strength": 4.602738,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.007099,
        "energy": 53.79766,
        "activity_lines": [
          372.306669,
          371.368187,
          365.35108,
          361.806327
        ]
      },
      {
        "date": "2026-02-20",
        "close": 373.100006,
        "volume": 276,
        "typical_volume": 233.25,
        "trend": 357.701885,
        "fair_value": 298.953246,
        "relative_strength": 2.005938,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.720506,
        "energy": 53.964564,
        "activity_lines": [
          372.513336,
          371.991823,
          366.508668,
          362.869216
        ]
      },
      {
        "date": "2026-02-27",
        "close": 373.350006,
        "volume": 80,
        "typical_volume": 236.6,
        "trend": 359.038552,
        "fair_value": 299.744593,
        "relative_strength": 1.099943,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.539151,
        "energy": 55.632087,
        "activity_lines": [
          373.010004,
          372.447278,
          367.624114,
          363.878773
        ]
      },
      {
        "date": "2026-03-06",
        "close": 371.850006,
        "volume": 226,
        "typical_volume": 235.05,
        "trend": 360.176885,
        "fair_value": 300.600682,
        "relative_strength": 7.682478,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.770081,
        "energy": 49.159364,
        "activity_lines": [
          372.863338,
          372.50455,
          368.517179,
          364.705318
        ]
      },
      {
        "date": "2026-03-13",
        "close": 359.850006,
        "volume": 1043,
        "typical_volume": 286.35,
        "trend": 360.615218,
        "fair_value": 301.434657,
        "relative_strength": 4.929703,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 21.85153,
        "energy": 16.938007,
        "activity_lines": [
          368.376672,
          370.281823,
          368.156672,
          364.684229
        ]
      },
      {
        "date": "2026-03-20",
        "close": 358.799988,
        "volume": 488,
        "typical_volume": 305.9,
        "trend": 360.785217,
        "fair_value": 302.260939,
        "relative_strength": 7.593971,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 3.412937,
        "energy": 17.494102,
        "activity_lines": [
          364.583333,
          367.965456,
          367.683337,
          364.567117
        ]
      },
      {
        "date": "2026-03-27",
        "close": 364.899994,
        "volume": 1490,
        "typical_volume": 331.85,
        "trend": 361.201884,
        "fair_value": 303.079208,
        "relative_strength": 8.493269,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 8.919223,
        "energy": 22.359796,
        "activity_lines": [
          363.753331,
          367.05,
          367.74167,
          364.832587
        ]
      },
      {
        "date": "2026-04-03",
        "close": 364.0,
        "volume": 9,
        "typical_volume": 309.45,
        "trend": 361.671884,
        "fair_value": 303.883375,
        "relative_strength": 4.387033,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 4.596192,
        "energy": 23.611379,
        "activity_lines": [
          363.169997,
          366.176363,
          367.629288,
          365.01311
        ]
      },
      {
        "date": "2026-04-10",
        "close": 369.299988,
        "volume": 218,
        "typical_volume": 285.0,
        "trend": 362.116883,
        "fair_value": 304.692349,
        "relative_strength": 1.86802,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.157343,
        "energy": 16.783075,
        "activity_lines": [
          364.97666,
          366.39727,
          367.957858,
          365.505246
        ]
      },
      {
        "date": "2026-04-17",
        "close": 376.200012,
        "volume": 57,
        "typical_volume": 275.8,
        "trend": 362.845217,
        "fair_value": 305.532734,
        "relative_strength": 1.511656,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 53.588774,
        "energy": 30.472153,
        "activity_lines": [
          369.253333,
          367.826363,
          368.818097,
          366.413835
        ]
      },
      {
        "date": "2026-04-24",
        "close": 376.350006,
        "volume": 43,
        "typical_volume": 275.6,
        "trend": 363.55355,
        "fair_value": 306.4119,
        "relative_strength": 4.58622,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 55.847956,
        "energy": 47.945081,
        "activity_lines": [
          372.490002,
          369.270001,
          369.581431,
          367.285112
        ]
      },
      {
        "date": "2026-05-01",
        "close": 378.299988,
        "volume": 638,
        "typical_volume": 307.25,
        "trend": 364.18855,
        "fair_value": 307.36158,
        "relative_strength": 5.353929,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 70.126511,
        "energy": 66.441378,
        "activity_lines": [
          375.206665,
          371.002726,
          370.446191,
          368.236495
        ]
      },
      {
        "date": "2026-05-08",
        "close": 378.100006,
        "volume": 292,
        "typical_volume": 316.25,
        "trend": 364.90355,
        "fair_value": 308.278887,
        "relative_strength": 5.0426,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.001736,
        "energy": 73.317885,
        "activity_lines": [
          376.963334,
          372.604545,
          371.211191,
          369.134008
        ]
      },
      {
        "date": "2026-05-15",
        "close": 372.75,
        "volume": 811,
        "typical_volume": 356.8,
        "trend": 365.70855,
        "fair_value": 309.138182,
        "relative_strength": 5.384249,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.560848,
        "energy": 64.636749,
        "activity_lines": [
          375.996667,
          373.147272,
          371.411191,
          369.640231
        ]
      },
      {
        "date": "2026-05-22",
        "close": 383.299988,
        "volume": 381,
        "typical_volume": 375.75,
        "trend": 366.580003,
        "fair_value": 310.093951,
        "relative_strength": 5.936757,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.661288,
        "energy": 66.864154,
        "activity_lines": [
          378.316663,
          375.591816,
          372.585952,
          370.775162
        ]
      },
      {
        "date": "2026-05-29",
        "close": 386.149994,
        "volume": 0,
        "typical_volume": 375.65,
        "trend": 367.836669,
        "fair_value": 311.049721,
        "relative_strength": 5.569851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.716879,
        "energy": 72.821645,
        "activity_lines": [
          381.113328,
          378.128179,
          373.945951,
          372.037742
        ]
      },
      {
        "date": "2026-06-05",
        "close": 392.25,
        "volume": 1653,
        "typical_volume": 455.55,
        "trend": 369.343336,
        "fair_value": 312.01799,
        "relative_strength": 6.498751,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.966046,
        "energy": 81.965909,
        "activity_lines": [
          385.289996,
          381.276361,
          375.833094,
          373.612796
        ]
      },
      {
        "date": "2026-06-12",
        "close": 395.100006,
        "volume": 210,
        "typical_volume": 462.5,
        "trend": 370.826669,
        "fair_value": 312.973439,
        "relative_strength": 5.343653,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 86.373621,
        "energy": 93.7489,
        "activity_lines": [
          389.486666,
          384.445453,
          377.915237,
          375.274517
        ]
      },
      {
        "date": "2026-06-19",
        "close": 389.850006,
        "volume": 202,
        "typical_volume": 471.7,
        "trend": 372.390002,
        "fair_value": 313.923439,
        "relative_strength": 2.938259,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.248211,
        "energy": 86.412072,
        "activity_lines": [
          390.800002,
          386.094546,
          379.383571,
          376.501829
        ]
      },
      {
        "date": "2026-06-26",
        "close": 392.25,
        "volume": 348,
        "typical_volume": 447.3,
        "trend": 373.703336,
        "fair_value": 314.833054,
        "relative_strength": 3.878972,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.85313,
        "energy": 87.718801,
        "activity_lines": [
          391.773336,
          387.806364,
          380.970476,
          377.783119
        ]
      },
      {
        "date": "2026-07-03",
        "close": 395.0,
        "volume": 232,
        "typical_volume": 434.85,
        "trend": 374.915002,
        "fair_value": 315.765426,
        "relative_strength": 3.007275,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.543766,
        "energy": 87.771884,
        "activity_lines": [
          393.066669,
          389.726364,
          382.739523,
          379.157097
        ]
      },
      {
        "date": "2026-07-10",
        "close": 399.149994,
        "volume": 749,
        "typical_volume": 458.5,
        "trend": 376.175002,
        "fair_value": 316.699721,
        "relative_strength": 6.003539,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.44255,
        "energy": 80.72863,
        "activity_lines": [
          395.153333,
          392.061818,
          384.797856,
          380.720645
        ]
      },
      {
        "date": "2026-07-17",
        "close": 399.350006,
        "volume": 322,
        "typical_volume": 470.6,
        "trend": 377.271668,
        "fair_value": 317.604528,
        "relative_strength": 5.858527,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 78.21223,
        "energy": 84.522076,
        "activity_lines": [
          396.846667,
          394.054546,
          386.75119,
          382.215807
        ]
      },
      {
        "date": "2026-07-24",
        "close": 398.299988,
        "volume": 4108,
        "typical_volume": 664.7,
        "trend": 378.333334,
        "fair_value": 318.489785,
        "relative_strength": 4.976298,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.210678,
        "energy": 74.215157,
        "activity_lines": [
          397.906663,
          395.469998,
          388.480713,
          383.572472
        ]
      },
      {
        "date": "2026-07-31",
        "close": 400.899994,
        "volume": 3725,
        "typical_volume": 798.8,
        "trend": 379.523334,
        "fair_value": 319.396836,
        "relative_strength": 3.826048,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.111073,
        "energy": 68.467998,
        "activity_lines": [
          399.269995,
          396.893634,
          390.331903,
          385.028386
        ]
      },
      {
        "date": "2026-08-07",
        "close": 411.0,
        "volume": 481,
        "typical_volume": 798.45,
        "trend": 380.728334,
        "fair_value": 320.38049,
        "relative_strength": 3.778414,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.452331,
        "energy": 73.898235,
        "activity_lines": [
          403.42333,
          399.833634,
          392.949522,
          387.059139
        ]
      }
    ],
    "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."
    }
  }
}