{
  "ticker": {
    "uuid": "6fd3baa6-60f1-4fcf-ac5f-705d40c6aed8",
    "symbol": "BINC",
    "name": "ISHARES FLEXIBLE INCOME ACTIVE ETF",
    "exchange": "NYSEARCA",
    "country": "US",
    "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": "SPY",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3a",
    "phase_label": "Stage 3A \u00b7 Churning",
    "transition": "stage_3_churning",
    "transition_label": "Stage 3 range intact",
    "confidence": 96.0,
    "architecture_regime": "balance",
    "architecture_regime_label": "Balance",
    "architecture_modifier": "Upper balance after advance",
    "architecture_gate": "up",
    "architecture_direction": 38.861,
    "architecture_energy": 20.188,
    "architecture_maturity": 16.819,
    "architecture_confidence": 78.094,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "Directional pressure has compressed into balance.",
        "body": "Trend and Activity are compressed into balance, so neither side has durable control. Prior structure and the next directional change provide context; balance alone is not assumed to be a base."
      },
      "scores": {
        "balance": 57.2,
        "rotation_up": 27.09,
        "upward_expansion": 52.51,
        "deceleration": 87.49,
        "rotation_down": 33.94,
        "downward_expansion": 20.84
      },
      "activity_lines": [
        51.856732,
        51.895183,
        51.876414,
        51.837111
      ],
      "activity_state": "Compressed",
      "activity_direction": "Contracting",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.166667
    },
    "latest_close": 52.06,
    "trend_reference": 51.834864,
    "distance_from_trend": 0.004343,
    "trend_direction": "Improving",
    "fair_value": 48.358167,
    "distance_from_fair_value": 0.07655,
    "fair_value_direction": "Weakening",
    "relative_strength": -10.072323,
    "relative_strength_direction": "Weakening",
    "price_momentum": -9e-06,
    "excess_performance": -0.125634,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": true,
        "value": 0.004343,
        "read": "Above"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.003042,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.07655,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.013009,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.100723,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.00462,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -9e-06,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 2.111211,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 7588577,
      "relative_activity": 0.708376,
      "balance": 2.111211,
      "dry_up": 0.703685,
      "accumulation_observations": 1,
      "distribution_observations": 1
    },
    "risk": {
      "range_context": 0.005177,
      "annualized_volatility": 0.035787,
      "from_high_reference": -0.006014,
      "from_low_reference": 0.035716
    },
    "levels": {
      "trend_reference": 51.834864,
      "fair_value_reference": 48.358167,
      "structural_low": 50.923009,
      "invalidation": "A decisive breakout above range resistance with renewed RS leadership invalidates the distribution reading; a range-low break confirms deterioration."
    },
    "outcomes": [
      {
        "horizon": "Near term",
        "sample_count": 2,
        "median_return": 0.003155,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.028885,
        "regime_survival": 0.0,
        "best_return": 0.004256,
        "worst_return": 0.002054,
        "sufficient": false
      },
      {
        "horizon": "Intermediate",
        "sample_count": 1,
        "median_return": 0.025712,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.134734,
        "regime_survival": 0.0,
        "best_return": 0.025712,
        "worst_return": 0.025712,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 1,
        "median_return": 0.05234,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.184641,
        "regime_survival": 0.0,
        "best_return": 0.05234,
        "worst_return": 0.05234,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 1,
        "median_return": 0.067016,
        "positive_rate": 1.0,
        "directional_follow_through": 1.0,
        "median_excess_return": -0.244421,
        "regime_survival": 0.0,
        "best_return": 0.067016,
        "worst_return": 0.067016,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2024-11-29",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": -0.003194,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-01-17",
        "end": "2025-01-24",
        "tenure": "New",
        "return": 0.002296,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-01-31",
        "end": "2025-04-04",
        "tenure": "Developing",
        "return": -0.002115,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-04-18",
        "tenure": "New",
        "return": 0.011537,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-04-25",
        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.001942,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-16",
        "end": "2026-03-13",
        "tenure": "Extended",
        "return": 0.047227,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2026-03-20",
        "end": "2026-04-03",
        "tenure": "New",
        "return": 0.007244,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-04-10",
        "end": "2026-05-29",
        "tenure": "Developing",
        "return": 0.003095,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-06-05",
        "end": "2026-06-26",
        "tenure": "New",
        "return": 0.00692,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-07-03",
        "end": "2026-07-17",
        "tenure": "New",
        "return": 0.000192,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-07-24",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.009289,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 42.870807,
        "volume": 238387,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-08-25",
        "close": 42.981124,
        "volume": 196463,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-01",
        "close": 43.168236,
        "volume": 92857,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-08",
        "close": 43.109656,
        "volume": 80454,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-15",
        "close": 43.168236,
        "volume": 169459,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-22",
        "close": 43.049033,
        "volume": 127898,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-09-29",
        "close": 42.946775,
        "volume": 186758,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-06",
        "close": 42.710503,
        "volume": 205753,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-13",
        "close": 42.697671,
        "volume": 112352,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-20",
        "close": 42.53795,
        "volume": 91903,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-10-27",
        "close": 42.637786,
        "volume": 140415,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-03",
        "close": 43.447556,
        "volume": 723318,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-10",
        "close": 43.241277,
        "volume": 511702,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-17",
        "close": 43.78276,
        "volume": 1002021,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-11-24",
        "close": 43.752763,
        "volume": 223388,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-01",
        "close": 44.395632,
        "volume": 2660053,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-08",
        "close": 44.387013,
        "volume": 707045,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-15",
        "close": 45.047916,
        "volume": 523466,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-22",
        "close": 45.212927,
        "volume": 1095387,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2023-12-29",
        "close": 45.395307,
        "volume": 652090,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-05",
        "close": 45.100025,
        "volume": 351214,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-12",
        "close": 45.438731,
        "volume": 546201,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-19",
        "close": 45.299775,
        "volume": 2095960,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-01-26",
        "close": 45.447416,
        "volume": 14279542,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-02",
        "close": 45.518438,
        "volume": 3511164,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-09",
        "close": 45.483652,
        "volume": 1947945,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-16",
        "close": 45.370595,
        "volume": 2171819,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-02-23",
        "close": 45.501045,
        "volume": 1079584,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-01",
        "close": 45.550274,
        "volume": 2201804,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-08",
        "close": 45.751206,
        "volume": 2619939,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-15",
        "close": 45.611427,
        "volume": 15681937,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-22",
        "close": 45.794886,
        "volume": 3151537,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-03-29",
        "close": 45.829831,
        "volume": 1664123,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-05",
        "close": 45.693917,
        "volume": 1995337,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-12",
        "close": 45.483426,
        "volume": 3553304,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-19",
        "close": 45.36064,
        "volume": 1638145,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-04-26",
        "close": 45.457115,
        "volume": 2178434,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-03",
        "close": 45.780925,
        "volume": 1561927,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-10",
        "close": 45.824979,
        "volume": 2912250,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-17",
        "close": 46.036438,
        "volume": 1735071,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-24",
        "close": 45.987978,
        "volume": 1892263,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-05-31",
        "close": 45.992384,
        "volume": 1341021,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-07",
        "close": 46.07391,
        "volume": 3418440,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-14",
        "close": 46.162446,
        "volume": 2256971,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-21",
        "close": 46.277542,
        "volume": 2092630,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-06-28",
        "close": 46.215567,
        "volume": 1882492,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-05",
        "close": 46.499013,
        "volume": 1394836,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-12",
        "close": 46.730307,
        "volume": 2774155,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-19",
        "close": 46.712515,
        "volume": 2809792,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-07-26",
        "close": 46.837058,
        "volume": 2044762,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-02",
        "close": 47.186568,
        "volume": 2605185,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-09",
        "close": 47.123986,
        "volume": 3132205,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-16",
        "close": 47.374313,
        "volume": 3411830,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-23",
        "close": 47.562058,
        "volume": 3506543,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-08-30",
        "close": 47.553117,
        "volume": 2516546,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-06",
        "close": 47.734809,
        "volume": 22408368,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-13",
        "close": 47.923448,
        "volume": 6933144,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-20",
        "close": 48.058191,
        "volume": 6955049,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-09-27",
        "close": 48.103105,
        "volume": 5205556,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-04",
        "close": 47.908095,
        "volume": 5381064,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-11",
        "close": 47.844784,
        "volume": 4437251,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-18",
        "close": 47.953317,
        "volume": 3601953,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-10-25",
        "close": 47.745296,
        "volume": 4382859,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-01",
        "close": 47.62745,
        "volume": 3492641,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-08",
        "close": 47.890936,
        "volume": 4415038,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-15",
        "close": 47.75465,
        "volume": 4432034,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-22",
        "close": 47.827336,
        "volume": 5251199,
        "typical_volume": null,
        "trend": null,
        "fair_value": null,
        "relative_strength": null,
        "stage": null,
        "regime": null,
        "modifier": null,
        "gate": null,
        "direction": null,
        "energy": null,
        "activity_lines": [
          null,
          null,
          null,
          null
        ]
      },
      {
        "date": "2024-11-29",
        "close": 48.090822,
        "volume": 3291959,
        "typical_volume": 5010748.9,
        "trend": 47.153747,
        "fair_value": 45.218804,
        "relative_strength": -9.354367,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 78.028617,
        "energy": 57.246762,
        "activity_lines": [
          47.895782,
          47.861565,
          47.805588,
          47.556837
        ]
      },
      {
        "date": "2024-12-06",
        "close": 48.28012,
        "volume": 4110667,
        "typical_volume": 5075792.65,
        "trend": 47.235585,
        "fair_value": 45.256598,
        "relative_strength": -9.422544,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 83.720386,
        "energy": 64.729939,
        "activity_lines": [
          48.043075,
          47.9353,
          47.866495,
          47.629506
        ]
      },
      {
        "date": "2024-12-13",
        "close": 48.1706,
        "volume": 4374321,
        "typical_volume": 5192270.6,
        "trend": 47.306724,
        "fair_value": 45.292134,
        "relative_strength": -8.746039,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 71.950206,
        "energy": 65.504537,
        "activity_lines": [
          48.110351,
          47.985904,
          47.909507,
          47.689829
        ]
      },
      {
        "date": "2024-12-20",
        "close": 47.992588,
        "volume": 6135210,
        "typical_volume": 5368771.85,
        "trend": 47.373544,
        "fair_value": 45.32467,
        "relative_strength": -7.066718,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.834238,
        "energy": 56.183424,
        "activity_lines": [
          48.099645,
          47.999368,
          47.929216,
          47.734079
        ]
      },
      {
        "date": "2024-12-27",
        "close": 47.983359,
        "volume": 3076961,
        "typical_volume": 5366009.65,
        "trend": 47.43991,
        "fair_value": 45.356321,
        "relative_strength": -7.359269,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.401075,
        "energy": 49.865725,
        "activity_lines": [
          48.070001,
          48.008468,
          47.944207,
          47.773422
        ]
      },
      {
        "date": "2025-01-03",
        "close": 48.084882,
        "volume": 3426578,
        "typical_volume": 5366747.05,
        "trend": 47.506943,
        "fair_value": 45.388422,
        "relative_strength": -6.34428,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.304713,
        "energy": 44.178291,
        "activity_lines": [
          48.063795,
          48.03548,
          47.964775,
          47.815033
        ]
      },
      {
        "date": "2025-01-10",
        "close": 47.937212,
        "volume": 4131816,
        "typical_volume": 5398010.7,
        "trend": 47.566101,
        "fair_value": 45.418059,
        "relative_strength": -4.492921,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.704766,
        "energy": 27.323836,
        "activity_lines": [
          48.008763,
          48.029469,
          47.967895,
          47.842792
        ]
      },
      {
        "date": "2025-01-17",
        "close": 48.232551,
        "volume": 7764254,
        "typical_volume": 5660396.1,
        "trend": 47.631268,
        "fair_value": 45.450409,
        "relative_strength": -6.353006,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 67.549377,
        "energy": 39.07857,
        "activity_lines": [
          48.075037,
          48.071523,
          47.997356,
          47.885789
        ]
      },
      {
        "date": "2025-01-24",
        "close": 48.343303,
        "volume": 5886192,
        "typical_volume": 4834287.3,
        "trend": 47.702193,
        "fair_value": 45.483283,
        "relative_strength": -7.433851,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 73.227874,
        "energy": 48.96381,
        "activity_lines": [
          48.174099,
          48.127504,
          48.03413,
          47.931726
        ]
      },
      {
        "date": "2025-01-31",
        "close": 48.454056,
        "volume": 5224245,
        "typical_volume": 4748842.35,
        "trend": 47.767361,
        "fair_value": 45.516663,
        "relative_strength": -6.005499,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.101356,
        "energy": 63.225112,
        "activity_lines": [
          48.286697,
          48.192918,
          48.078554,
          47.980234
        ]
      },
      {
        "date": "2025-02-07",
        "close": 48.551605,
        "volume": 5873208,
        "typical_volume": 4694750.3,
        "trend": 47.828071,
        "fair_value": 45.550384,
        "relative_strength": -5.416012,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.215479,
        "energy": 82.551958,
        "activity_lines": [
          48.400431,
          48.264673,
          48.129742,
          48.03083
        ]
      },
      {
        "date": "2025-02-14",
        "close": 48.662856,
        "volume": 6032211,
        "typical_volume": 4736083.05,
        "trend": 47.893082,
        "fair_value": 45.584587,
        "relative_strength": -6.331007,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.313478,
        "energy": 86.78431,
        "activity_lines": [
          48.520135,
          48.348279,
          48.189176,
          48.084687
        ]
      },
      {
        "date": "2025-02-21",
        "close": 48.755565,
        "volume": 4989128,
        "typical_volume": 4716486.25,
        "trend": 47.957033,
        "fair_value": 45.619054,
        "relative_strength": -4.421402,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.165156,
        "energy": 88.818382,
        "activity_lines": [
          48.622365,
          48.441781,
          48.254773,
          48.140331
        ]
      },
      {
        "date": "2025-02-28",
        "close": 48.968795,
        "volume": 9622790,
        "typical_volume": 4975763.2,
        "trend": 48.01644,
        "fair_value": 45.655073,
        "relative_strength": -2.907175,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 87.42314,
        "energy": 93.640588,
        "activity_lines": [
          48.760805,
          48.563417,
          48.336643,
          48.205606
        ]
      },
      {
        "date": "2025-03-07",
        "close": 48.831968,
        "volume": 7572895,
        "typical_volume": 5174310.3,
        "trend": 48.073373,
        "fair_value": 45.68887,
        "relative_strength": 0.021933,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 71.169041,
        "energy": 87.411501,
        "activity_lines": [
          48.811935,
          48.642426,
          48.400129,
          48.258221
        ]
      },
      {
        "date": "2025-03-14",
        "close": 48.673695,
        "volume": 6933828,
        "typical_volume": 5301858.75,
        "trend": 48.116686,
        "fair_value": 45.720289,
        "relative_strength": 2.109145,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 66.832284,
        "energy": 74.064347,
        "activity_lines": [
          48.785115,
          48.677229,
          48.444357,
          48.296951
        ]
      },
      {
        "date": "2025-03-21",
        "close": 48.831968,
        "volume": 8980459,
        "typical_volume": 5576249.65,
        "trend": 48.159016,
        "fair_value": 45.752702,
        "relative_strength": 1.977492,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 69.467142,
        "energy": 63.716505,
        "activity_lines": [
          48.802912,
          48.730103,
          48.499238,
          48.343099
        ]
      },
      {
        "date": "2025-03-28",
        "close": 48.738866,
        "volume": 5240428,
        "typical_volume": 5617519.15,
        "trend": 48.198541,
        "fair_value": 45.783487,
        "relative_strength": 3.330852,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.236567,
        "energy": 53.323887,
        "activity_lines": [
          48.778401,
          48.749781,
          48.539517,
          48.380508
        ]
      },
      {
        "date": "2025-04-04",
        "close": 48.35158,
        "volume": 8212107,
        "typical_volume": 5806522.8,
        "trend": 48.2191,
        "fair_value": 45.809693,
        "relative_strength": 12.566622,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 38.146045,
        "energy": 26.754973,
        "activity_lines": [
          48.625908,
          48.689838,
          48.538873,
          48.390382
        ]
      },
      {
        "date": "2025-04-11",
        "close": 47.82785,
        "volume": 10336406,
        "typical_volume": 6060783.15,
        "trend": 48.215913,
        "fair_value": 45.830078,
        "relative_strength": 5.384662,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -3.40654,
        "energy": 17.363026,
        "activity_lines": [
          48.339987,
          48.53452,
          48.485508,
          48.36514
        ]
      },
      {
        "date": "2025-04-18",
        "close": 48.379637,
        "volume": 4072137,
        "typical_volume": 6099792.05,
        "trend": 48.226628,
        "fair_value": 45.855574,
        "relative_strength": 8.146528,
        "stage": 2,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "up",
        "direction": 16.926033,
        "energy": 25.440537,
        "activity_lines": [
          48.304935,
          48.490914,
          48.484691,
          48.375703
        ]
      },
      {
        "date": "2025-04-25",
        "close": 48.744379,
        "volume": 5502992,
        "typical_volume": 6169408.3,
        "trend": 48.248004,
        "fair_value": 45.884176,
        "relative_strength": 4.215495,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 26.603229,
        "energy": 23.541649,
        "activity_lines": [
          48.411068,
          48.51675,
          48.517236,
          48.409106
        ]
      },
      {
        "date": "2025-05-02",
        "close": 48.810875,
        "volume": 6273630,
        "typical_volume": 6264373.75,
        "trend": 48.278097,
        "fair_value": 45.912869,
        "relative_strength": 1.494125,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 34.830885,
        "energy": 18.030408,
        "activity_lines": [
          48.545205,
          48.553195,
          48.553904,
          48.44542
        ]
      },
      {
        "date": "2025-05-09",
        "close": 48.839062,
        "volume": 4661038,
        "typical_volume": 6190665.15,
        "trend": 48.311239,
        "fair_value": 45.941278,
        "relative_strength": 2.047366,
        "stage": 3,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 58.782796,
        "energy": 38.118129,
        "activity_lines": [
          48.683938,
          48.593758,
          48.590207,
          48.481611
        ]
      },
      {
        "date": "2025-05-16",
        "close": 49.017581,
        "volume": 5720122,
        "typical_volume": 6322823.2,
        "trend": 48.346715,
        "fair_value": 45.970858,
        "relative_strength": -2.603663,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.033791,
        "energy": 63.397987,
        "activity_lines": [
          48.849678,
          48.669139,
          48.639481,
          48.527182
        ]
      },
      {
        "date": "2025-05-23",
        "close": 48.951811,
        "volume": 6516667,
        "typical_volume": 6477327.65,
        "trend": 48.386932,
        "fair_value": 45.999248,
        "relative_strength": -0.121982,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 62.65035,
        "energy": 66.667926,
        "activity_lines": [
          48.91418,
          48.729187,
          48.677566,
          48.56622
        ]
      },
      {
        "date": "2025-05-30",
        "close": 49.233683,
        "volume": 4577822,
        "typical_volume": 6499627.95,
        "trend": 48.440473,
        "fair_value": 46.029762,
        "relative_strength": -1.191526,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.145546,
        "energy": 74.874298,
        "activity_lines": [
          49.034493,
          48.835427,
          48.738368,
          48.620849
        ]
      },
      {
        "date": "2025-06-06",
        "close": 49.244814,
        "volume": 6195870,
        "typical_volume": 6421208.75,
        "trend": 48.485602,
        "fair_value": 46.059809,
        "relative_strength": -2.662759,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.573897,
        "energy": 74.449583,
        "activity_lines": [
          49.125897,
          48.936387,
          48.794057,
          48.672742
        ]
      },
      {
        "date": "2025-06-13",
        "close": 49.395814,
        "volume": 5333999,
        "typical_volume": 6393599.1,
        "trend": 48.540308,
        "fair_value": 46.090698,
        "relative_strength": -1.938653,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.916415,
        "energy": 75.019614,
        "activity_lines": [
          49.238705,
          49.055603,
          48.859306,
          48.731466
        ]
      },
      {
        "date": "2025-06-20",
        "close": 49.490189,
        "volume": 3936381,
        "typical_volume": 6329205.9,
        "trend": 48.595736,
        "fair_value": 46.121886,
        "relative_strength": -1.53131,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.827361,
        "energy": 80.056215,
        "activity_lines": [
          49.345855,
          49.172992,
          48.928532,
          48.792748
        ]
      },
      {
        "date": "2025-06-27",
        "close": 49.792188,
        "volume": 5608484,
        "typical_volume": 6315969.7,
        "trend": 48.652448,
        "fair_value": 46.155252,
        "relative_strength": -4.145177,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.299732,
        "energy": 85.865001,
        "activity_lines": [
          49.522163,
          49.315065,
          49.021585,
          48.869939
        ]
      },
      {
        "date": "2025-07-04",
        "close": 49.855497,
        "volume": 5568908,
        "typical_volume": 6292804.55,
        "trend": 48.704961,
        "fair_value": 46.188588,
        "relative_strength": -5.513261,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.985435,
        "energy": 91.84513,
        "activity_lines": [
          49.66355,
          49.442966,
          49.11476,
          48.947555
        ]
      },
      {
        "date": "2025-07-11",
        "close": 49.779657,
        "volume": 8499655,
        "typical_volume": 6468330.9,
        "trend": 48.758596,
        "fair_value": 46.220651,
        "relative_strength": -5.296171,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.321916,
        "energy": 89.510615,
        "activity_lines": [
          49.738202,
          49.536877,
          49.195033,
          49.01689
        ]
      },
      {
        "date": "2025-07-18",
        "close": 49.817577,
        "volume": 7903499,
        "typical_volume": 6382366.35,
        "trend": 48.819429,
        "fair_value": 46.252482,
        "relative_strength": -5.67648,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.553402,
        "energy": 89.548786,
        "activity_lines": [
          49.789838,
          49.620067,
          49.274041,
          49.085212
        ]
      },
      {
        "date": "2025-07-25",
        "close": 49.997697,
        "volume": 6796104,
        "typical_volume": 6343526.8,
        "trend": 48.886574,
        "fair_value": 46.285335,
        "relative_strength": -6.565953,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.993595,
        "energy": 93.748679,
        "activity_lines": [
          49.873396,
          49.718215,
          49.366161,
          49.161229
        ]
      },
      {
        "date": "2025-08-01",
        "close": 50.14098,
        "volume": 6694463,
        "typical_volume": 6331558.55,
        "trend": 48.95511,
        "fair_value": 46.318862,
        "relative_strength": -3.781984,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.015671,
        "energy": 94.978239,
        "activity_lines": [
          49.970882,
          49.824595,
          49.466376,
          49.242158
        ]
      },
      {
        "date": "2025-08-08",
        "close": 50.264762,
        "volume": 6164340,
        "typical_volume": 6190752.6,
        "trend": 49.032695,
        "fair_value": 46.352879,
        "relative_strength": -5.654748,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.676915,
        "energy": 95.088188,
        "activity_lines": [
          50.086375,
          49.931859,
          49.571393,
          49.326652
        ]
      },
      {
        "date": "2025-08-15",
        "close": 50.350457,
        "volume": 6767183,
        "typical_volume": 6267090.35,
        "trend": 49.103292,
        "fair_value": 46.387046,
        "relative_strength": -6.234889,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.427884,
        "energy": 94.363963,
        "activity_lines": [
          50.20315,
          50.035957,
          49.677748,
          49.411669
        ]
      },
      {
        "date": "2025-08-22",
        "close": 50.474238,
        "volume": 8222808,
        "typical_volume": 6267625.4,
        "trend": 49.174323,
        "fair_value": 46.421683,
        "relative_strength": -6.115706,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.907531,
        "energy": 92.974439,
        "activity_lines": [
          50.323131,
          50.142458,
          49.788218,
          49.500117
        ]
      },
      {
        "date": "2025-08-29",
        "close": 50.588498,
        "volume": 13414478,
        "typical_volume": 6421529.0,
        "trend": 49.245471,
        "fair_value": 46.456698,
        "relative_strength": -5.713244,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 87.58791,
        "energy": 94.684879,
        "activity_lines": [
          50.437421,
          50.250126,
          49.899462,
          49.591354
        ]
      },
      {
        "date": "2025-09-05",
        "close": 50.780369,
        "volume": 7514416,
        "typical_volume": 6593642.95,
        "trend": 49.319764,
        "fair_value": 46.492729,
        "relative_strength": -5.435822,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 90.76474,
        "energy": 94.598825,
        "activity_lines": [
          50.576282,
          50.37271,
          50.015833,
          49.69038
        ]
      },
      {
        "date": "2025-09-12",
        "close": 50.93338,
        "volume": 9900062,
        "typical_volume": 6813496.45,
        "trend": 49.395448,
        "fair_value": 46.529429,
        "relative_strength": -6.426117,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.501969,
        "energy": 95.732537,
        "activity_lines": [
          50.72352,
          50.505148,
          50.135345,
          49.794484
        ]
      },
      {
        "date": "2025-09-19",
        "close": 50.981195,
        "volume": 19482014,
        "typical_volume": 7473915.65,
        "trend": 49.469635,
        "fair_value": 46.565918,
        "relative_strength": -7.29258,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.638984,
        "energy": 91.351994,
        "activity_lines": [
          50.842122,
          50.626681,
          50.248987,
          49.89679
        ]
      },
      {
        "date": "2025-09-26",
        "close": 50.847311,
        "volume": 9188226,
        "typical_volume": 7700275.05,
        "trend": 49.532253,
        "fair_value": 46.600727,
        "relative_strength": -7.093027,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.588347,
        "energy": 77.673756,
        "activity_lines": [
          50.874047,
          50.702026,
          50.339543,
          49.985672
        ]
      },
      {
        "date": "2025-10-03",
        "close": 51.017183,
        "volume": 9262632,
        "typical_volume": 7877400.55,
        "trend": 49.605093,
        "fair_value": 46.636343,
        "relative_strength": -7.631817,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.112105,
        "energy": 72.000375,
        "activity_lines": [
          50.937725,
          50.789534,
          50.436714,
          50.081474
        ]
      },
      {
        "date": "2025-10-10",
        "close": 50.796329,
        "volume": 8921300,
        "typical_volume": 7997632.2,
        "trend": 49.675848,
        "fair_value": 46.669623,
        "relative_strength": -5.624816,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.725431,
        "energy": 67.150301,
        "activity_lines": [
          50.899205,
          50.818351,
          50.50333,
          50.158328
        ]
      },
      {
        "date": "2025-10-17",
        "close": 51.113206,
        "volume": 9118458,
        "typical_volume": 8224664.0,
        "trend": 49.751889,
        "fair_value": 46.70489,
        "relative_strength": -6.528438,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.45397,
        "energy": 71.314386,
        "activity_lines": [
          50.965247,
          50.892866,
          50.591341,
          50.251061
        ]
      },
      {
        "date": "2025-10-24",
        "close": 51.29565,
        "volume": 8005597,
        "typical_volume": 8315150.35,
        "trend": 49.837115,
        "fair_value": 46.741037,
        "relative_strength": -7.80988,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.782423,
        "energy": 73.807646,
        "activity_lines": [
          51.080116,
          50.985127,
          50.687777,
          50.350659
        ]
      },
      {
        "date": "2025-10-31",
        "close": 51.142013,
        "volume": 9843905,
        "typical_volume": 8540645.65,
        "trend": 49.930129,
        "fair_value": 46.77542,
        "relative_strength": -8.532234,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.219141,
        "energy": 66.559233,
        "activity_lines": [
          51.122808,
          51.032268,
          50.759816,
          50.434846
        ]
      },
      {
        "date": "2025-11-07",
        "close": 51.173149,
        "volume": 8755682,
        "typical_volume": 8781610.7,
        "trend": 50.041639,
        "fair_value": 46.809511,
        "relative_strength": -6.859777,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 69.454179,
        "energy": 67.441575,
        "activity_lines": [
          51.156233,
          51.072929,
          50.826504,
          50.51504
        ]
      },
      {
        "date": "2025-11-14",
        "close": 51.144221,
        "volume": 7545895,
        "typical_volume": 8878481.25,
        "trend": 50.133792,
        "fair_value": 46.842855,
        "relative_strength": -6.905518,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 65.69487,
        "energy": 65.148347,
        "activity_lines": [
          51.169616,
          51.0977,
          50.882424,
          50.586175
        ]
      },
      {
        "date": "2025-11-21",
        "close": 51.250289,
        "volume": 8481313,
        "typical_volume": 9024101.5,
        "trend": 50.217323,
        "fair_value": 46.876499,
        "relative_strength": -4.807619,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.988425,
        "energy": 65.498113,
        "activity_lines": [
          51.195163,
          51.135141,
          50.942007,
          50.658207
        ]
      },
      {
        "date": "2025-11-28",
        "close": 51.452784,
        "volume": 5270162,
        "typical_volume": 8862626.85,
        "trend": 50.305386,
        "fair_value": 46.911168,
        "relative_strength": -7.718905,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 82.548916,
        "energy": 69.530793,
        "activity_lines": [
          51.27907,
          51.203638,
          51.014233,
          50.737914
        ]
      },
      {
        "date": "2025-12-05",
        "close": 51.423523,
        "volume": 8093586,
        "typical_volume": 8872131.2,
        "trend": 50.391535,
        "fair_value": 46.945096,
        "relative_strength": -7.963614,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.531892,
        "energy": 67.974958,
        "activity_lines": [
          51.342747,
          51.258239,
          51.075705,
          50.810052
        ]
      },
      {
        "date": "2025-12-12",
        "close": 51.374982,
        "volume": 10386854,
        "typical_volume": 9051668.7,
        "trend": 50.470115,
        "fair_value": 46.978154,
        "relative_strength": -7.403888,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.980944,
        "energy": 65.105505,
        "activity_lines": [
          51.371477,
          51.293539,
          51.124907,
          50.8735
        ]
      },
      {
        "date": "2025-12-19",
        "close": 51.528594,
        "volume": 11097756,
        "typical_volume": 9271833.35,
        "trend": 50.556008,
        "fair_value": 47.011861,
        "relative_strength": -7.098437,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.774643,
        "energy": 69.013596,
        "activity_lines": [
          51.437955,
          51.350262,
          51.18218,
          50.941789
        ]
      },
      {
        "date": "2025-12-26",
        "close": 51.636251,
        "volume": 5749248,
        "typical_volume": 9251078.75,
        "trend": 50.636093,
        "fair_value": 47.045864,
        "relative_strength": -8.067985,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 80.94802,
        "energy": 70.170577,
        "activity_lines": [
          51.514694,
          51.413246,
          51.243099,
          51.011482
        ]
      },
      {
        "date": "2026-01-02",
        "close": 51.655825,
        "volume": 5210169,
        "typical_volume": 9173228.05,
        "trend": 50.71646,
        "fair_value": 47.079514,
        "relative_strength": -6.92743,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.142045,
        "energy": 69.600357,
        "activity_lines": [
          51.572227,
          51.470279,
          51.29935,
          51.077271
        ]
      },
      {
        "date": "2026-01-09",
        "close": 51.812417,
        "volume": 12914850,
        "typical_volume": 9407830.15,
        "trend": 50.797014,
        "fair_value": 47.11381,
        "relative_strength": -7.917431,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.003927,
        "energy": 85.573898,
        "activity_lines": [
          51.668421,
          51.549234,
          51.3643,
          51.147978
        ]
      },
      {
        "date": "2026-01-16",
        "close": 51.841778,
        "volume": 12478083,
        "typical_volume": 9361010.4,
        "trend": 50.8754,
        "fair_value": 47.147824,
        "relative_strength": -7.39692,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.357733,
        "energy": 90.219511,
        "activity_lines": [
          51.748475,
          51.621338,
          51.425673,
          51.215382
        ]
      },
      {
        "date": "2026-01-23",
        "close": 51.880926,
        "volume": 7928663,
        "typical_volume": 9381722.75,
        "trend": 50.945025,
        "fair_value": 47.181632,
        "relative_strength": -6.885808,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 78.589255,
        "energy": 88.754448,
        "activity_lines": [
          51.81046,
          51.688404,
          51.484807,
          51.280255
        ]
      },
      {
        "date": "2026-01-30",
        "close": 51.99837,
        "volume": 8631484,
        "typical_volume": 9318293.85,
        "trend": 51.016454,
        "fair_value": 47.215793,
        "relative_strength": -6.904825,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 84.173464,
        "energy": 92.080394,
        "activity_lines": [
          51.888103,
          51.763428,
          51.549885,
          51.348213
        ]
      },
      {
        "date": "2026-02-06",
        "close": 52.060482,
        "volume": 10315830,
        "typical_volume": 8859984.65,
        "trend": 51.092481,
        "fair_value": 47.249911,
        "relative_strength": -6.469268,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 83.344962,
        "energy": 91.81887,
        "activity_lines": [
          51.962309,
          51.836144,
          51.615807,
          51.415569
        ]
      },
      {
        "date": "2026-02-13",
        "close": 52.257048,
        "volume": 11269360,
        "typical_volume": 8964041.35,
        "trend": 51.173797,
        "fair_value": 47.284926,
        "relative_strength": -4.801556,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 91.405268,
        "energy": 93.950695,
        "activity_lines": [
          52.075061,
          51.93355,
          51.69531,
          51.490703
        ]
      },
      {
        "date": "2026-02-20",
        "close": 52.266876,
        "volume": 8059479,
        "typical_volume": 8903883.7,
        "trend": 51.249436,
        "fair_value": 47.319523,
        "relative_strength": -5.700021,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.02609,
        "energy": 93.755171,
        "activity_lines": [
          52.161446,
          52.017588,
          51.769036,
          51.561224
        ]
      },
      {
        "date": "2026-02-27",
        "close": 52.345502,
        "volume": 9439407,
        "typical_volume": 8929789.05,
        "trend": 51.32292,
        "fair_value": 47.354185,
        "relative_strength": -4.923722,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 85.387001,
        "energy": 94.353041,
        "activity_lines": [
          52.245699,
          52.099705,
          51.8443,
          51.631938
        ]
      },
      {
        "date": "2026-03-06",
        "close": 51.776578,
        "volume": 12270315,
        "typical_volume": 9087381.9,
        "trend": 51.373314,
        "fair_value": 47.384475,
        "relative_strength": -3.851283,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 67.136917,
        "energy": 65.854353,
        "activity_lines": [
          52.10934,
          52.063529,
          51.858003,
          51.661206
        ]
      },
      {
        "date": "2026-03-13",
        "close": 51.332525,
        "volume": 27874867,
        "typical_volume": 10080845.4,
        "trend": 51.40605,
        "fair_value": 47.411332,
        "relative_strength": -2.990959,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 17.056809,
        "energy": 20.166359,
        "activity_lines": [
          51.83975,
          51.944064,
          51.826257,
          51.658575
        ]
      },
      {
        "date": "2026-03-20",
        "close": 51.085829,
        "volume": 15306755,
        "typical_volume": 10353987.9,
        "trend": 51.426436,
        "fair_value": 47.43616,
        "relative_strength": -1.478916,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "up",
        "direction": -11.09201,
        "energy": 31.790555,
        "activity_lines": [
          51.536457,
          51.785624,
          51.77084,
          51.637915
        ]
      },
      {
        "date": "2026-03-27",
        "close": 50.957547,
        "volume": 12549115,
        "typical_volume": 10543659.55,
        "trend": 51.438738,
        "fair_value": 47.459794,
        "relative_strength": 0.720302,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -46.485192,
        "energy": 55.170962,
        "activity_lines": [
          51.268486,
          51.61707,
          51.703473,
          51.607664
        ]
      },
      {
        "date": "2026-04-03",
        "close": 51.455919,
        "volume": 12579270,
        "typical_volume": 10795328.3,
        "trend": 51.461256,
        "fair_value": 47.486434,
        "relative_strength": -1.229667,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -24.848374,
        "energy": 44.858135,
        "activity_lines": [
          51.253927,
          51.555207,
          51.684597,
          51.608773
        ]
      },
      {
        "date": "2026-04-10",
        "close": 51.743383,
        "volume": 9407790,
        "typical_volume": 10841652.15,
        "trend": 51.488256,
        "fair_value": 47.514626,
        "relative_strength": -3.795538,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "mixed",
        "direction": -16.597709,
        "energy": 32.665929,
        "activity_lines": [
          51.394494,
          51.553337,
          51.691614,
          51.626974
        ]
      },
      {
        "date": "2026-04-17",
        "close": 52.050671,
        "volume": 9774241,
        "typical_volume": 11066856.1,
        "trend": 51.523905,
        "fair_value": 47.544469,
        "relative_strength": -6.960752,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 40.492952,
        "energy": 19.074603,
        "activity_lines": [
          51.639704,
          51.611974,
          51.725549,
          51.663259
        ]
      },
      {
        "date": "2026-04-24",
        "close": 52.011021,
        "volume": 8021038,
        "typical_volume": 11063228.7,
        "trend": 51.562696,
        "fair_value": 47.573662,
        "relative_strength": -7.148212,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 48.329166,
        "energy": 35.042334,
        "activity_lines": [
          51.823822,
          51.66358,
          51.75286,
          51.694686
        ]
      },
      {
        "date": "2026-05-01",
        "close": 51.685474,
        "volume": 8646136,
        "typical_volume": 10976192.8,
        "trend": 51.584972,
        "fair_value": 47.600362,
        "relative_strength": -8.2424,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 37.929742,
        "energy": 32.177152,
        "activity_lines": [
          51.837743,
          51.660469,
          51.746369,
          51.702607
        ]
      },
      {
        "date": "2026-05-08",
        "close": 51.893603,
        "volume": 8585657,
        "typical_volume": 10850587.85,
        "trend": 51.621548,
        "fair_value": 47.62806,
        "relative_strength": -9.610317,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 42.320206,
        "energy": 32.042096,
        "activity_lines": [
          51.872513,
          51.70577,
          51.758222,
          51.722519
        ]
      },
      {
        "date": "2026-05-15",
        "close": 51.606187,
        "volume": 13109058,
        "typical_volume": 11218578.35,
        "trend": 51.637981,
        "fair_value": 47.653561,
        "relative_strength": -9.996485,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 28.388607,
        "energy": 17.296443,
        "activity_lines": [
          51.782299,
          51.70703,
          51.740964,
          51.721528
        ]
      },
      {
        "date": "2026-05-22",
        "close": 51.725118,
        "volume": 8488126,
        "typical_volume": 11382476.2,
        "trend": 51.652296,
        "fair_value": 47.714699,
        "relative_strength": -10.212814,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 28.473538,
        "energy": 10.270944,
        "activity_lines": [
          51.740874,
          51.733013,
          51.735175,
          51.72715
        ]
      },
      {
        "date": "2026-05-29",
        "close": 51.903514,
        "volume": 44562888,
        "typical_volume": 12964878.1,
        "trend": 51.67768,
        "fair_value": 47.774849,
        "relative_strength": -10.841787,
        "stage": 3,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.294668,
        "energy": 15.734317,
        "activity_lines": [
          51.780619,
          51.784292,
          51.746047,
          51.743357
        ]
      },
      {
        "date": "2026-06-05",
        "close": 51.793049,
        "volume": 9858186,
        "typical_volume": 12833883.25,
        "trend": 51.698343,
        "fair_value": 47.833727,
        "relative_strength": -8.452674,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 20.385637,
        "energy": 8.888704,
        "activity_lines": [
          51.790709,
          51.800621,
          51.745964,
          51.7508
        ]
      },
      {
        "date": "2026-06-12",
        "close": 52.002132,
        "volume": 9610916,
        "typical_volume": 12917995.9,
        "trend": 51.72694,
        "fair_value": 47.893648,
        "relative_strength": -8.291297,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 43.542956,
        "energy": 26.173785,
        "activity_lines": [
          51.863321,
          51.839773,
          51.766026,
          51.7704
        ]
      },
      {
        "date": "2026-06-19",
        "close": 52.061871,
        "volume": 7299408,
        "typical_volume": 12851392.1,
        "trend": 51.753993,
        "fair_value": 47.954546,
        "relative_strength": -8.699662,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 46.4394,
        "energy": 44.047034,
        "activity_lines": [
          51.948612,
          51.879856,
          51.7912,
          51.792008
        ]
      },
      {
        "date": "2026-06-26",
        "close": 52.151478,
        "volume": 7257711,
        "typical_volume": 12698486.15,
        "trend": 51.777282,
        "fair_value": 48.015144,
        "relative_strength": -6.07128,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 61.444361,
        "energy": 55.127531,
        "activity_lines": [
          52.033392,
          51.93044,
          51.824606,
          51.817652
        ]
      },
      {
        "date": "2026-07-03",
        "close": 51.899456,
        "volume": 7508569,
        "typical_volume": 12510446.6,
        "trend": 51.793147,
        "fair_value": 48.075449,
        "relative_strength": -8.25392,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.966847,
        "energy": 49.777626,
        "activity_lines": [
          52.005741,
          51.93337,
          51.833576,
          51.825535
        ]
      },
      {
        "date": "2026-07-10",
        "close": 51.949235,
        "volume": 6841330,
        "typical_volume": 12449539.15,
        "trend": 51.812289,
        "fair_value": 48.133255,
        "relative_strength": -9.129363,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 51.525834,
        "energy": 42.627616,
        "activity_lines": [
          51.994954,
          51.947378,
          51.84899,
          51.835605
        ]
      },
      {
        "date": "2026-07-17",
        "close": 51.909412,
        "volume": 9059896,
        "typical_volume": 12430563.6,
        "trend": 51.824983,
        "fair_value": 48.190345,
        "relative_strength": -7.529918,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 48.705978,
        "energy": 26.083094,
        "activity_lines": [
          51.96048,
          51.94935,
          51.862125,
          51.841871
        ]
      },
      {
        "date": "2026-07-24",
        "close": 51.580872,
        "volume": 6970119,
        "typical_volume": 12165553.8,
        "trend": 51.823137,
        "fair_value": 48.244381,
        "relative_strength": -7.347952,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -8.844614,
        "energy": 10.90365,
        "activity_lines": [
          51.822674,
          51.891301,
          51.846046,
          51.826122
        ]
      },
      {
        "date": "2026-07-31",
        "close": 51.760075,
        "volume": 6534671,
        "typical_volume": 11098544.0,
        "trend": 51.826612,
        "fair_value": 48.300404,
        "relative_strength": -7.745651,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -7.491626,
        "energy": 13.372958,
        "activity_lines": [
          51.776668,
          51.866294,
          51.847966,
          51.822053
        ]
      },
      {
        "date": "2026-08-07",
        "close": 52.06,
        "volume": 7588577,
        "typical_volume": 10712635.1,
        "trend": 51.834864,
        "fair_value": 48.358167,
        "relative_strength": -10.072323,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 38.860873,
        "energy": 20.187577,
        "activity_lines": [
          51.856732,
          51.895183,
          51.876414,
          51.837111
        ]
      }
    ],
    "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."
    }
  }
}