{
  "ticker": {
    "uuid": "6febeb39-0763-4fb6-87ad-7ba8c7f31014",
    "symbol": "APG",
    "name": "Api Group\u00a0Corp",
    "exchange": "NYSE",
    "country": "US",
    "assetType": "equity"
  },
  "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.",
  "analysis": {
    "eligible": true,
    "as_of": "2026-08-07",
    "benchmark": "SPY",
    "stage": 3,
    "stage_name": "Distribution",
    "phase": "3c",
    "phase_label": "Stage 3C \u00b7 Breakdown watch",
    "transition": "stage_3_to_4_watch",
    "transition_label": "Stage 3 \u2192 4 watch",
    "confidence": 96.0,
    "architecture_regime": "downward_expansion",
    "architecture_regime_label": "Downward Expansion",
    "architecture_modifier": "Early contraction",
    "architecture_gate": "down",
    "architecture_direction": -53.989,
    "architecture_energy": 44.885,
    "architecture_maturity": 5.497,
    "architecture_confidence": 89.839,
    "architecture_tenure": "New",
    "architecture": {
      "interpretation": {
        "headline": "The weekly architecture is expanding downward.",
        "body": "Trend and Activity show sustained negative alignment with weak price acceptance. Repair requires persistent improvement across the structure, not merely one strong observation."
      },
      "scores": {
        "balance": 32.88,
        "rotation_up": 15.71,
        "upward_expansion": 8.56,
        "deceleration": 41.42,
        "rotation_down": 55.9,
        "downward_expansion": 81.9
      },
      "activity_lines": [
        40.508667,
        40.884727,
        41.785,
        42.138043
      ],
      "activity_state": "Compressed",
      "activity_direction": "Expanding",
      "rotation_direction": "Weakening",
      "price_acceptance": -0.666667
    },
    "latest_close": 41.72,
    "trend_reference": 42.515667,
    "distance_from_trend": -0.018715,
    "trend_direction": "Improving",
    "fair_value": 29.597927,
    "distance_from_fair_value": 0.409558,
    "fair_value_direction": "Weakening",
    "relative_strength": -7.094151,
    "relative_strength_direction": "Weakening",
    "price_momentum": -0.061417,
    "excess_performance": -0.187042,
    "evidence": [
      {
        "label": "Price vs Trend",
        "positive": false,
        "value": -0.018715,
        "read": "Below"
      },
      {
        "label": "Trend direction",
        "positive": true,
        "value": 0.019511,
        "read": "Rising"
      },
      {
        "label": "Price vs current Fair Value",
        "positive": true,
        "value": 0.409558,
        "read": "Premium"
      },
      {
        "label": "Fair Value direction",
        "positive": false,
        "value": -0.186194,
        "read": "Moving away"
      },
      {
        "label": "Relative Strength vs benchmark",
        "positive": false,
        "value": -0.070942,
        "read": "Lagging"
      },
      {
        "label": "Relative strength direction",
        "positive": false,
        "value": -0.103579,
        "read": "Weakening"
      },
      {
        "label": "Price momentum",
        "positive": false,
        "value": -0.061417,
        "read": "Negative"
      },
      {
        "label": "Volume balance",
        "positive": true,
        "value": 1.040411,
        "read": "Demand-led"
      }
    ],
    "volume": {
      "latest": 13015273,
      "relative_activity": 0.911399,
      "balance": 1.040411,
      "dry_up": 0.986366,
      "accumulation_observations": 3,
      "distribution_observations": 2
    },
    "risk": {
      "range_context": 0.063602,
      "annualized_volatility": 0.240105,
      "from_high_reference": -0.165433,
      "from_low_reference": 0.249102
    },
    "levels": {
      "trend_reference": 42.515667,
      "fair_value_reference": 29.597927,
      "structural_low": 37.48,
      "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": 12,
        "median_return": -0.036656,
        "positive_rate": 0.25,
        "directional_follow_through": 0.75,
        "median_excess_return": -0.019851,
        "regime_survival": 0.75,
        "best_return": 0.337324,
        "worst_return": -0.135258,
        "sufficient": true
      },
      {
        "horizon": "Intermediate",
        "sample_count": 4,
        "median_return": 0.050114,
        "positive_rate": 0.75,
        "directional_follow_through": 0.25,
        "median_excess_return": -0.015111,
        "regime_survival": 0.5,
        "best_return": 0.246319,
        "worst_return": -0.343665,
        "sufficient": false
      },
      {
        "horizon": "Extended",
        "sample_count": 3,
        "median_return": 0.104641,
        "positive_rate": 0.666667,
        "directional_follow_through": 0.333333,
        "median_excess_return": 0.043779,
        "regime_survival": 0.333333,
        "best_return": 0.362115,
        "worst_return": -0.319052,
        "sufficient": false
      },
      {
        "horizon": "Full cycle",
        "sample_count": 2,
        "median_return": 0.216507,
        "positive_rate": 0.5,
        "directional_follow_through": 0.5,
        "median_excess_return": 0.19107,
        "regime_survival": 0.0,
        "best_return": 0.505485,
        "worst_return": -0.07247,
        "sufficient": false
      }
    ],
    "ledger": [
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2024-11-15",
        "end": "2024-11-22",
        "tenure": "New",
        "return": 0.046367,
        "active": false
      },
      {
        "regime": "rotation_up",
        "label": "Rotation Up",
        "color": "teal",
        "start": "2024-11-29",
        "end": "2025-01-10",
        "tenure": "Developing",
        "return": -0.05585,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-01-17",
        "end": "2025-01-31",
        "tenure": "New",
        "return": 0.018692,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-02-07",
        "end": "2025-03-21",
        "tenure": "Developing",
        "return": -0.035826,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-03-28",
        "end": "2025-04-04",
        "tenure": "New",
        "return": -0.100334,
        "active": false
      },
      {
        "regime": "rotation_down",
        "label": "Rotation Down",
        "color": "orange",
        "start": "2025-04-11",
        "end": "2025-04-25",
        "tenure": "New",
        "return": 0.078963,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2025-05-02",
        "end": "2025-05-09",
        "tenure": "New",
        "return": 0.043478,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-05-16",
        "end": "2025-09-19",
        "tenure": "Established",
        "return": 0.142157,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2025-09-26",
        "end": "2025-10-31",
        "tenure": "Developing",
        "return": 0.076293,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2025-11-07",
        "end": "2026-03-13",
        "tenure": "Established",
        "return": 0.101241,
        "active": false
      },
      {
        "regime": "deceleration",
        "label": "Deceleration",
        "color": "amber",
        "start": "2026-03-20",
        "end": "2026-04-17",
        "tenure": "Developing",
        "return": 0.183544,
        "active": false
      },
      {
        "regime": "upward_expansion",
        "label": "Upward Expansion",
        "color": "green",
        "start": "2026-04-24",
        "end": "2026-05-22",
        "tenure": "Developing",
        "return": -0.143416,
        "active": false
      },
      {
        "regime": "balance",
        "label": "Balance",
        "color": "blue",
        "start": "2026-05-29",
        "end": "2026-07-24",
        "tenure": "Developing",
        "return": -0.034878,
        "active": false
      },
      {
        "regime": "downward_expansion",
        "label": "Downward Expansion",
        "color": "red",
        "start": "2026-07-31",
        "end": "2026-08-07",
        "tenure": "New",
        "return": 0.051411,
        "active": true
      }
    ],
    "chart_path": [
      {
        "date": "2023-08-18",
        "close": 18.62,
        "volume": 4915160,
        "typical_volume": 4416470.3,
        "trend": 15.992,
        "fair_value": 13.37218,
        "relative_strength": 23.378036,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 64.706105,
        "energy": 62.820592,
        "activity_lines": [
          18.708889,
          18.534909,
          17.566254,
          16.824244
        ]
      },
      {
        "date": "2023-08-25",
        "close": 18.313333,
        "volume": 4148943,
        "typical_volume": 4430317.2,
        "trend": 16.123778,
        "fair_value": 13.428248,
        "relative_strength": 19.390221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.114861,
        "energy": 54.512118,
        "activity_lines": [
          18.562667,
          18.548848,
          17.725555,
          16.974007
        ]
      },
      {
        "date": "2023-09-01",
        "close": 18.94,
        "volume": 3275280,
        "typical_volume": 4366875.6,
        "trend": 16.259556,
        "fair_value": 13.490128,
        "relative_strength": 19.370202,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.315324,
        "energy": 54.850931,
        "activity_lines": [
          18.661333,
          18.653818,
          17.923714,
          17.155699
        ]
      },
      {
        "date": "2023-09-08",
        "close": 17.94,
        "volume": 3206971,
        "typical_volume": 4331495.35,
        "trend": 16.383556,
        "fair_value": 13.544658,
        "relative_strength": 13.670477,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 46.291695,
        "energy": 39.198629,
        "activity_lines": [
          18.421333,
          18.54097,
          18.003905,
          17.264115
        ]
      },
      {
        "date": "2023-09-15",
        "close": 17.686667,
        "volume": 6378438,
        "typical_volume": 4422725.9,
        "trend": 16.482889,
        "fair_value": 13.598462,
        "relative_strength": 11.385761,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 39.888714,
        "energy": 28.223051,
        "activity_lines": [
          18.150667,
          18.386303,
          18.043524,
          17.348186
        ]
      },
      {
        "date": "2023-09-22",
        "close": 17.0,
        "volume": 3399783,
        "typical_volume": 4273615.2,
        "trend": 16.525111,
        "fair_value": 13.645598,
        "relative_strength": 9.471222,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 18.346338,
        "energy": 19.470494,
        "activity_lines": [
          17.717333,
          18.105333,
          18.005778,
          17.381548
        ]
      },
      {
        "date": "2023-09-29",
        "close": 17.286667,
        "volume": 5314133,
        "typical_volume": 4339381.35,
        "trend": 16.565556,
        "fair_value": 13.695385,
        "relative_strength": 11.177514,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 5.744772,
        "energy": 21.417376,
        "activity_lines": [
          17.487556,
          17.909455,
          17.985778,
          17.430681
        ]
      },
      {
        "date": "2023-10-06",
        "close": 17.486667,
        "volume": 6280385,
        "typical_volume": 4398671.55,
        "trend": 16.669111,
        "fair_value": 13.743803,
        "relative_strength": 11.078366,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 7.123876,
        "energy": 22.003272,
        "activity_lines": [
          17.392889,
          17.778424,
          17.974222,
          17.490108
        ]
      },
      {
        "date": "2023-10-13",
        "close": 17.106667,
        "volume": 5299413,
        "typical_volume": 4504542.6,
        "trend": 16.787111,
        "fair_value": 13.788291,
        "relative_strength": 7.451912,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -3.564011,
        "energy": 22.274486,
        "activity_lines": [
          17.268445,
          17.603273,
          17.916476,
          17.518337
        ]
      },
      {
        "date": "2023-10-20",
        "close": 16.866667,
        "volume": 7743603,
        "typical_volume": 4704829.15,
        "trend": 16.880889,
        "fair_value": 13.83094,
        "relative_strength": 7.82376,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": -7.185031,
        "energy": 20.632502,
        "activity_lines": [
          17.119556,
          17.414303,
          17.826794,
          17.52347
        ]
      },
      {
        "date": "2023-10-27",
        "close": 16.966667,
        "volume": 6262587,
        "typical_volume": 4744662.8,
        "trend": 16.946889,
        "fair_value": 13.878205,
        "relative_strength": 10.529325,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": -4.472247,
        "energy": 22.69197,
        "activity_lines": [
          17.058667,
          17.276485,
          17.740762,
          17.529004
        ]
      },
      {
        "date": "2023-11-03",
        "close": 18.426667,
        "volume": 8546225,
        "typical_volume": 4905292.2,
        "trend": 17.096445,
        "fair_value": 13.933761,
        "relative_strength": 12.772559,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.176578,
        "energy": 17.000325,
        "activity_lines": [
          17.486667,
          17.434182,
          17.791111,
          17.624473
        ]
      },
      {
        "date": "2023-11-10",
        "close": 18.726667,
        "volume": 6544493,
        "typical_volume": 4786924.25,
        "trend": 17.248445,
        "fair_value": 13.987735,
        "relative_strength": 12.480129,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.010845,
        "energy": 25.394778,
        "activity_lines": [
          17.938667,
          17.644364,
          17.863492,
          17.729649
        ]
      },
      {
        "date": "2023-11-17",
        "close": 19.706667,
        "volume": 6065128,
        "typical_volume": 4851802.65,
        "trend": 17.422444,
        "fair_value": 14.048462,
        "relative_strength": 15.03035,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 71.305089,
        "energy": 48.262646,
        "activity_lines": [
          18.634667,
          18.036606,
          18.020794,
          17.888244
        ]
      },
      {
        "date": "2023-11-24",
        "close": 19.986667,
        "volume": 2678021,
        "typical_volume": 4864788.3,
        "trend": 17.582889,
        "fair_value": 14.109402,
        "relative_strength": 14.796509,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.835088,
        "energy": 73.876704,
        "activity_lines": [
          19.250667,
          18.447637,
          18.197461,
          18.053678
        ]
      },
      {
        "date": "2023-12-01",
        "close": 20.706667,
        "volume": 6500995,
        "typical_volume": 4996853.65,
        "trend": 17.773333,
        "fair_value": 14.172137,
        "relative_strength": 17.191408,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 82.192932,
        "energy": 86.301483,
        "activity_lines": [
          19.898667,
          18.947758,
          18.431365,
          18.255212
        ]
      },
      {
        "date": "2023-12-08",
        "close": 20.533333,
        "volume": 5265239,
        "typical_volume": 5119243.9,
        "trend": 17.955778,
        "fair_value": 14.227949,
        "relative_strength": 15.216897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.588263,
        "energy": 86.410534,
        "activity_lines": [
          20.239556,
          19.34897,
          18.639746,
          18.433276
        ]
      },
      {
        "date": "2023-12-15",
        "close": 22.213333,
        "volume": 9466406,
        "typical_volume": 5464157.25,
        "trend": 18.183333,
        "fair_value": 14.293932,
        "relative_strength": 20.861122,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.704606,
        "energy": 94.340259,
        "activity_lines": [
          21.0,
          19.996606,
          19.000127,
          18.707957
        ]
      },
      {
        "date": "2023-12-22",
        "close": 22.88,
        "volume": 7840564,
        "typical_volume": 5682771.35,
        "trend": 18.439333,
        "fair_value": 14.363932,
        "relative_strength": 22.425558,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 90.432528,
        "energy": 95.645149,
        "activity_lines": [
          21.750222,
          20.679515,
          19.408032,
          19.010968
        ]
      },
      {
        "date": "2023-12-29",
        "close": 23.066667,
        "volume": 3364574,
        "typical_volume": 5624817.05,
        "trend": 18.687111,
        "fair_value": 14.434231,
        "relative_strength": 22.086645,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.178406,
        "energy": 94.066155,
        "activity_lines": [
          22.351111,
          21.291394,
          19.814032,
          19.309506
        ]
      },
      {
        "date": "2024-01-05",
        "close": 20.66,
        "volume": 12450370,
        "typical_volume": 6001577.55,
        "trend": 18.828889,
        "fair_value": 14.494573,
        "relative_strength": 10.49438,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.381559,
        "energy": 77.689223,
        "activity_lines": [
          21.944444,
          21.35297,
          19.969937,
          19.436789
        ]
      },
      {
        "date": "2024-01-12",
        "close": 21.006667,
        "volume": 7274613,
        "typical_volume": 6157861.05,
        "trend": 18.960667,
        "fair_value": 14.554017,
        "relative_strength": 9.813879,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.360808,
        "energy": 58.863502,
        "activity_lines": [
          21.656445,
          21.410424,
          20.149143,
          19.57729
        ]
      },
      {
        "date": "2024-01-19",
        "close": 21.253333,
        "volume": 4396969,
        "typical_volume": 6213945.5,
        "trend": 19.103778,
        "fair_value": 14.61094,
        "relative_strength": 9.254896,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 50.57566,
        "energy": 45.600939,
        "activity_lines": [
          21.419111,
          21.465818,
          20.339016,
          19.725204
        ]
      },
      {
        "date": "2024-01-26",
        "close": 21.533333,
        "volume": 4731899,
        "typical_volume": 6290191.9,
        "trend": 19.215778,
        "fair_value": 14.672436,
        "relative_strength": 9.134402,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 45.480036,
        "energy": 32.987052,
        "activity_lines": [
          21.339111,
          21.526182,
          20.54454,
          19.88195
        ]
      },
      {
        "date": "2024-02-02",
        "close": 22.406667,
        "volume": 5884876,
        "typical_volume": 6265513.8,
        "trend": 19.375778,
        "fair_value": 14.737821,
        "relative_strength": 11.504459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.557144,
        "energy": 46.565831,
        "activity_lines": [
          21.64,
          21.712121,
          20.816127,
          20.087814
        ]
      },
      {
        "date": "2024-02-09",
        "close": 23.46,
        "volume": 6271538,
        "typical_volume": 6409101.55,
        "trend": 19.530667,
        "fair_value": 14.807479,
        "relative_strength": 14.531635,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.740923,
        "energy": 61.865231,
        "activity_lines": [
          22.336,
          22.045576,
          21.165556,
          20.351312
        ]
      },
      {
        "date": "2024-02-16",
        "close": 23.28,
        "volume": 4562230,
        "typical_volume": 6371506.4,
        "trend": 19.678222,
        "fair_value": 14.873291,
        "relative_strength": 13.506415,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 74.993799,
        "energy": 77.832993,
        "activity_lines": [
          22.785333,
          22.296242,
          21.467079,
          20.593204
        ]
      },
      {
        "date": "2024-02-23",
        "close": 23.513333,
        "volume": 4171917,
        "typical_volume": 6266083.0,
        "trend": 19.833333,
        "fair_value": 14.944957,
        "relative_strength": 12.445409,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.9564,
        "energy": 82.930361,
        "activity_lines": [
          23.160889,
          22.539394,
          21.762286,
          20.840631
        ]
      },
      {
        "date": "2024-03-01",
        "close": 24.906667,
        "volume": 13889684,
        "typical_volume": 6695596.55,
        "trend": 20.038667,
        "fair_value": 15.020812,
        "relative_strength": 17.497944,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 86.230566,
        "energy": 89.547742,
        "activity_lines": [
          23.850222,
          23.012242,
          22.161492,
          21.167943
        ]
      },
      {
        "date": "2024-03-08",
        "close": 25.953333,
        "volume": 10528448,
        "typical_volume": 6834838.8,
        "trend": 20.281111,
        "fair_value": 15.099615,
        "relative_strength": 21.974767,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 88.452193,
        "energy": 90.870953,
        "activity_lines": [
          24.663555,
          23.638545,
          22.623238,
          21.549534
        ]
      },
      {
        "date": "2024-03-15",
        "close": 25.366667,
        "volume": 6863209,
        "typical_volume": 6864869.9,
        "trend": 20.506,
        "fair_value": 15.175812,
        "relative_strength": 18.496296,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.055956,
        "energy": 85.976425,
        "activity_lines": [
          25.044889,
          24.105697,
          22.985841,
          21.877634
        ]
      },
      {
        "date": "2024-03-22",
        "close": 25.933333,
        "volume": 5325479,
        "typical_volume": 6703832.6,
        "trend": 20.76,
        "fair_value": 15.257778,
        "relative_strength": 17.757968,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 77.395209,
        "energy": 86.606233,
        "activity_lines": [
          25.488,
          24.590303,
          23.362413,
          22.227785
        ]
      },
      {
        "date": "2024-03-29",
        "close": 26.18,
        "volume": 5431768,
        "typical_volume": 6648196.35,
        "trend": 21.001333,
        "fair_value": 15.333291,
        "relative_strength": 17.763351,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 75.051251,
        "energy": 80.675023,
        "activity_lines": [
          25.836444,
          25.030182,
          23.72673,
          22.577462
        ]
      },
      {
        "date": "2024-04-05",
        "close": 26.193333,
        "volume": 5350835,
        "typical_volume": 6612481.7,
        "trend": 21.276445,
        "fair_value": 15.406111,
        "relative_strength": 18.025489,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 72.52694,
        "energy": 78.830267,
        "activity_lines": [
          26.011555,
          25.382909,
          24.056825,
          22.91243
        ]
      },
      {
        "date": "2024-04-12",
        "close": 25.706667,
        "volume": 4685573,
        "typical_volume": 6712859.3,
        "trend": 21.543778,
        "fair_value": 15.476667,
        "relative_strength": 16.739806,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.541772,
        "energy": 64.623601,
        "activity_lines": [
          25.938667,
          25.562424,
          24.309683,
          23.198251
        ]
      },
      {
        "date": "2024-04-19",
        "close": 24.653333,
        "volume": 18104501,
        "typical_volume": 7293034.6,
        "trend": 21.798889,
        "fair_value": 15.543077,
        "relative_strength": 14.780254,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.652776,
        "energy": 51.454896,
        "activity_lines": [
          25.531111,
          25.490424,
          24.434984,
          23.398867
        ]
      },
      {
        "date": "2024-04-26",
        "close": 25.393333,
        "volume": 7236881,
        "typical_volume": 7391616.7,
        "trend": 22.069111,
        "fair_value": 15.615,
        "relative_strength": 14.520897,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.104367,
        "energy": 39.765542,
        "activity_lines": [
          25.417778,
          25.531273,
          24.611968,
          23.630767
        ]
      },
      {
        "date": "2024-05-03",
        "close": 24.633333,
        "volume": 8991016,
        "typical_volume": 7367847.2,
        "trend": 22.307333,
        "fair_value": 15.681496,
        "relative_strength": 9.887017,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 41.546659,
        "energy": 28.138965,
        "activity_lines": [
          25.087111,
          25.395515,
          24.693428,
          23.796201
        ]
      },
      {
        "date": "2024-05-10",
        "close": 24.886667,
        "volume": 6623093,
        "typical_volume": 7306973.65,
        "trend": 22.566667,
        "fair_value": 15.757051,
        "relative_strength": 8.474391,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.026133,
        "energy": 22.107231,
        "activity_lines": [
          24.944,
          25.285454,
          24.787492,
          23.962609
        ]
      },
      {
        "date": "2024-05-17",
        "close": 23.886667,
        "volume": 8354259,
        "typical_volume": 7556457.9,
        "trend": 22.800667,
        "fair_value": 15.827094,
        "relative_strength": 2.073809,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 26.160636,
        "energy": 18.221112,
        "activity_lines": [
          24.554667,
          24.993939,
          24.776762,
          24.047771
        ]
      },
      {
        "date": "2024-05-24",
        "close": 24.273333,
        "volume": 7033497,
        "typical_volume": 7285614.25,
        "trend": 23.044222,
        "fair_value": 15.892308,
        "relative_strength": 3.317617,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 24.846339,
        "energy": 18.733342,
        "activity_lines": [
          24.415556,
          24.810303,
          24.798952,
          24.142781
        ]
      },
      {
        "date": "2024-05-31",
        "close": 23.76,
        "volume": 6476638,
        "typical_volume": 7245715.5,
        "trend": 23.222,
        "fair_value": 15.952778,
        "relative_strength": 1.179343,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 2.618404,
        "energy": 13.20091,
        "activity_lines": [
          24.130667,
          24.553212,
          24.755048,
          24.188961
        ]
      },
      {
        "date": "2024-06-07",
        "close": 24.9,
        "volume": 9566677,
        "typical_volume": 7504200.9,
        "trend": 23.427778,
        "fair_value": 16.01688,
        "relative_strength": 4.359023,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.041386,
        "energy": 14.278349,
        "activity_lines": [
          24.334667,
          24.542909,
          24.806603,
          24.297219
        ]
      },
      {
        "date": "2024-06-14",
        "close": 25.373333,
        "volume": 9069431,
        "typical_volume": 7721077.5,
        "trend": 23.616667,
        "fair_value": 16.088846,
        "relative_strength": 4.286918,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 36.11488,
        "energy": 17.015201,
        "activity_lines": [
          24.678667,
          24.641939,
          24.885873,
          24.422738
        ]
      },
      {
        "date": "2024-06-21",
        "close": 25.5,
        "volume": 9008246,
        "typical_volume": 7877246.0,
        "trend": 23.800444,
        "fair_value": 16.162009,
        "relative_strength": 3.821532,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.408426,
        "energy": 23.845963,
        "activity_lines": [
          25.032444,
          24.778909,
          24.958921,
          24.544244
        ]
      },
      {
        "date": "2024-06-28",
        "close": 25.086667,
        "volume": 35743072,
        "typical_volume": 9350822.7,
        "trend": 23.946444,
        "fair_value": 16.230641,
        "relative_strength": 1.99644,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 36.967577,
        "energy": 26.299189,
        "activity_lines": [
          25.140889,
          24.844485,
          24.977873,
          24.627226
        ]
      },
      {
        "date": "2024-07-05",
        "close": 24.593333,
        "volume": 7343079,
        "typical_volume": 9489865.15,
        "trend": 24.081778,
        "fair_value": 16.297564,
        "relative_strength": -2.039129,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 32.185595,
        "energy": 21.162472,
        "activity_lines": [
          25.030667,
          24.812485,
          24.942095,
          24.668961
        ]
      },
      {
        "date": "2024-07-12",
        "close": 25.306667,
        "volume": 4895339,
        "typical_volume": 9526036.25,
        "trend": 24.184889,
        "fair_value": 16.374359,
        "relative_strength": -0.276373,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Re-acceleration watch",
        "gate": "up",
        "direction": 39.176649,
        "energy": 21.687562,
        "activity_lines": [
          25.102667,
          24.924727,
          24.968,
          24.747986
        ]
      },
      {
        "date": "2024-07-19",
        "close": 24.48,
        "volume": 8357681,
        "typical_volume": 9249436.1,
        "trend": 24.238222,
        "fair_value": 16.444188,
        "relative_strength": -1.697448,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 15.095909,
        "energy": 6.753882,
        "activity_lines": [
          24.872,
          24.874424,
          24.906635,
          24.767025
        ]
      },
      {
        "date": "2024-07-26",
        "close": 24.793333,
        "volume": 6387942,
        "typical_volume": 9042410.8,
        "trend": 24.295778,
        "fair_value": 16.505171,
        "relative_strength": 0.236353,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 25.035311,
        "energy": 10.456701,
        "activity_lines": [
          24.805333,
          24.888485,
          24.877143,
          24.802839
        ]
      },
      {
        "date": "2024-08-02",
        "close": 22.886667,
        "volume": 12122333,
        "typical_volume": 9305367.0,
        "trend": 24.37,
        "fair_value": 16.555855,
        "relative_strength": -5.484387,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -37.425836,
        "energy": 27.387831,
        "activity_lines": [
          24.150222,
          24.539394,
          24.671587,
          24.711928
        ]
      },
      {
        "date": "2024-08-09",
        "close": 22.533333,
        "volume": 10394435,
        "typical_volume": 9558814.8,
        "trend": 24.420889,
        "fair_value": 16.605171,
        "relative_strength": -6.950269,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -41.262129,
        "energy": 47.443723,
        "activity_lines": [
          23.524,
          24.151273,
          24.44419,
          24.593434
        ]
      },
      {
        "date": "2024-08-16",
        "close": 22.806667,
        "volume": 3673655,
        "typical_volume": 9470909.15,
        "trend": 24.472667,
        "fair_value": 16.654188,
        "relative_strength": -9.362802,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -35.196335,
        "energy": 53.666755,
        "activity_lines": [
          23.126222,
          23.835152,
          24.259016,
          24.48929
        ]
      },
      {
        "date": "2024-08-23",
        "close": 23.84,
        "volume": 4360442,
        "typical_volume": 9421389.5,
        "trend": 24.549556,
        "fair_value": 16.707222,
        "relative_strength": -6.582135,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Structural failure",
        "gate": "down",
        "direction": -58.191234,
        "energy": 60.448799,
        "activity_lines": [
          23.239556,
          23.74497,
          24.188317,
          24.448473
        ]
      },
      {
        "date": "2024-08-30",
        "close": 23.7,
        "volume": 4083172,
        "typical_volume": 9391269.45,
        "trend": 24.592667,
        "fair_value": 16.759145,
        "relative_strength": -7.365573,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.420646,
        "energy": 47.482879,
        "activity_lines": [
          23.348889,
          23.657212,
          24.115492,
          24.393663
        ]
      },
      {
        "date": "2024-09-06",
        "close": 21.88,
        "volume": 3630596,
        "typical_volume": 8667574.2,
        "trend": 24.54,
        "fair_value": 16.805727,
        "relative_strength": -10.775561,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -70.392132,
        "energy": 49.332012,
        "activity_lines": [
          22.924444,
          23.271273,
          23.878889,
          24.218652
        ]
      },
      {
        "date": "2024-09-13",
        "close": 22.98,
        "volume": 5186982,
        "typical_volume": 8565079.25,
        "trend": 24.53,
        "fair_value": 16.865171,
        "relative_strength": -9.92197,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.073523,
        "energy": 33.870709,
        "activity_lines": [
          22.933778,
          23.143636,
          23.760254,
          24.118007
        ]
      },
      {
        "date": "2024-09-20",
        "close": 23.48,
        "volume": 6748768,
        "typical_volume": 8452966.85,
        "trend": 24.528889,
        "fair_value": 16.926795,
        "relative_strength": -9.300821,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -50.430839,
        "energy": 31.121926,
        "activity_lines": [
          23.08,
          23.136242,
          23.70073,
          24.050265
        ]
      },
      {
        "date": "2024-09-27",
        "close": 22.426667,
        "volume": 21413496,
        "typical_volume": 9192487.0,
        "trend": 24.446222,
        "fair_value": 16.98,
        "relative_strength": -13.794361,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.0698,
        "energy": 38.099393,
        "activity_lines": [
          22.830222,
          22.970546,
          23.546381,
          23.914638
        ]
      },
      {
        "date": "2024-10-04",
        "close": 21.42,
        "volume": 8948809,
        "typical_volume": 9222214.5,
        "trend": 24.295111,
        "fair_value": 17.029359,
        "relative_strength": -17.746088,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -67.453157,
        "energy": 43.431151,
        "activity_lines": [
          22.339111,
          22.659152,
          23.307873,
          23.719398
        ]
      },
      {
        "date": "2024-10-11",
        "close": 22.1,
        "volume": 5837287,
        "typical_volume": 9162404.0,
        "trend": 24.186222,
        "fair_value": 17.081966,
        "relative_strength": -16.028379,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -58.137994,
        "energy": 43.114147,
        "activity_lines": [
          22.226667,
          22.532727,
          23.145873,
          23.577778
        ]
      },
      {
        "date": "2024-10-18",
        "close": 22.66,
        "volume": 5837730,
        "typical_volume": 9130458.6,
        "trend": 24.077111,
        "fair_value": 17.135,
        "relative_strength": -14.572408,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -54.718475,
        "energy": 45.347905,
        "activity_lines": [
          22.286222,
          22.522424,
          23.047556,
          23.479312
        ]
      },
      {
        "date": "2024-10-25",
        "close": 21.893333,
        "volume": 8022801,
        "typical_volume": 9053264.8,
        "trend": 23.934222,
        "fair_value": 17.182265,
        "relative_strength": -16.527839,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -59.894222,
        "energy": 46.934025,
        "activity_lines": [
          22.111555,
          22.370424,
          22.88146,
          23.338423
        ]
      },
      {
        "date": "2024-11-01",
        "close": 23.56,
        "volume": 10073056,
        "typical_volume": 9103446.05,
        "trend": 23.846444,
        "fair_value": 17.234402,
        "relative_strength": -8.848888,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -35.102685,
        "energy": 21.358923,
        "activity_lines": [
          22.598222,
          22.538061,
          22.888413,
          23.31428
        ]
      },
      {
        "date": "2024-11-08",
        "close": 24.733333,
        "volume": 9643537,
        "typical_volume": 9135210.6,
        "trend": 23.814,
        "fair_value": 17.283504,
        "relative_strength": -8.585258,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Established contraction",
        "gate": "down",
        "direction": -5.267059,
        "energy": 11.902465,
        "activity_lines": [
          23.400444,
          22.924121,
          23.015746,
          23.371498
        ]
      },
      {
        "date": "2024-11-15",
        "close": 23.58,
        "volume": 7703993,
        "typical_volume": 7733256.65,
        "trend": 23.778222,
        "fair_value": 17.328291,
        "relative_strength": -10.843461,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "down",
        "direction": -11.617882,
        "energy": 17.054828,
        "activity_lines": [
          23.597333,
          23.081697,
          23.036889,
          23.356401
        ]
      },
      {
        "date": "2024-11-22",
        "close": 24.673333,
        "volume": 5448305,
        "typical_volume": 7638517.95,
        "trend": 23.754222,
        "fair_value": 17.383675,
        "relative_strength": -8.118731,
        "stage": 4,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "mixed",
        "direction": 26.496373,
        "energy": 31.042346,
        "activity_lines": [
          24.06,
          23.407151,
          23.169333,
          23.41415
        ]
      },
      {
        "date": "2024-11-29",
        "close": 25.186667,
        "volume": 4605474,
        "typical_volume": 7624024.7,
        "trend": 23.772667,
        "fair_value": 17.447564,
        "relative_strength": -7.147972,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Structural repair",
        "gate": "mixed",
        "direction": 31.603765,
        "energy": 47.746182,
        "activity_lines": [
          24.559556,
          23.795151,
          23.350286,
          23.506566
        ]
      },
      {
        "date": "2024-12-06",
        "close": 25.733333,
        "volume": 5926022,
        "typical_volume": 7502441.75,
        "trend": 23.800889,
        "fair_value": 17.510598,
        "relative_strength": -5.837574,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 36.782137,
        "energy": 56.632393,
        "activity_lines": [
          25.021778,
          24.251515,
          23.583873,
          23.633061
        ]
      },
      {
        "date": "2024-12-13",
        "close": 25.086667,
        "volume": 9659347,
        "typical_volume": 7666012.0,
        "trend": 23.840889,
        "fair_value": 17.571325,
        "relative_strength": -7.409068,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 33.533639,
        "energy": 55.3485,
        "activity_lines": [
          25.123556,
          24.530182,
          23.749905,
          23.716014
        ]
      },
      {
        "date": "2024-12-20",
        "close": 24.626667,
        "volume": 8832315,
        "typical_volume": 7501511.1,
        "trend": 23.852667,
        "fair_value": 17.622436,
        "relative_strength": -7.118202,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 30.294076,
        "energy": 42.014366,
        "activity_lines": [
          25.048445,
          24.658545,
          23.87073,
          23.76671
        ]
      },
      {
        "date": "2024-12-27",
        "close": 24.0,
        "volume": 2311577,
        "typical_volume": 7097368.2,
        "trend": 23.860667,
        "fair_value": 17.666154,
        "relative_strength": -9.727715,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 26.557382,
        "energy": 24.677039,
        "activity_lines": [
          24.694667,
          24.62703,
          23.923587,
          23.776215
        ]
      },
      {
        "date": "2025-01-03",
        "close": 24.433333,
        "volume": 4657603,
        "typical_volume": 7146565.6,
        "trend": 23.845111,
        "fair_value": 17.713718,
        "relative_strength": -7.485644,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "mixed",
        "direction": 12.052091,
        "energy": 12.563185,
        "activity_lines": [
          24.530222,
          24.649939,
          24.01073,
          23.813161
        ]
      },
      {
        "date": "2025-01-10",
        "close": 23.78,
        "volume": 5604452,
        "typical_volume": 7208766.1,
        "trend": 23.792,
        "fair_value": 17.762009,
        "relative_strength": -8.036447,
        "stage": 3,
        "regime": "rotation_up",
        "modifier": "Value reclamation",
        "gate": "up",
        "direction": 30.37747,
        "energy": 18.225758,
        "activity_lines": [
          24.198222,
          24.507879,
          24.027905,
          23.808961
        ]
      },
      {
        "date": "2025-01-17",
        "close": 24.966667,
        "volume": 4965357,
        "typical_volume": 7252875.35,
        "trend": 23.774222,
        "fair_value": 17.827692,
        "relative_strength": -6.093445,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 37.859999,
        "energy": 19.084394,
        "activity_lines": [
          24.392,
          24.577576,
          24.158381,
          23.884746
        ]
      },
      {
        "date": "2025-01-24",
        "close": 25.453333,
        "volume": 3394554,
        "typical_volume": 7241073.25,
        "trend": 23.786444,
        "fair_value": 17.897863,
        "relative_strength": -5.781816,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 56.941701,
        "energy": 28.581466,
        "activity_lines": [
          24.756,
          24.731515,
          24.329175,
          23.993075
        ]
      },
      {
        "date": "2025-01-31",
        "close": 25.433333,
        "volume": 6495120,
        "typical_volume": 7306480.15,
        "trend": 23.814444,
        "fair_value": 17.969444,
        "relative_strength": -4.743492,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 56.135268,
        "energy": 35.419578,
        "activity_lines": [
          25.058222,
          24.847758,
          24.481048,
          24.099326
        ]
      },
      {
        "date": "2025-02-07",
        "close": 25.68,
        "volume": 4992921,
        "typical_volume": 7218687.8,
        "trend": 23.826889,
        "fair_value": 18.043205,
        "relative_strength": -3.456425,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.03403,
        "energy": 52.002663,
        "activity_lines": [
          25.347111,
          24.99503,
          24.64473,
          24.219685
        ]
      },
      {
        "date": "2025-02-14",
        "close": 25.0,
        "volume": 5296000,
        "typical_volume": 6412813.0,
        "trend": 23.844222,
        "fair_value": 18.113846,
        "relative_strength": -7.139426,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 53.005984,
        "energy": 46.503345,
        "activity_lines": [
          25.326222,
          25.009697,
          24.733175,
          24.295369
        ]
      },
      {
        "date": "2025-02-21",
        "close": 26.526667,
        "volume": 8856398,
        "typical_volume": 6408192.45,
        "trend": 23.902,
        "fair_value": 18.190256,
        "relative_strength": 0.251105,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 68.581136,
        "energy": 54.666009,
        "activity_lines": [
          25.732889,
          25.315273,
          24.954762,
          24.46843
        ]
      },
      {
        "date": "2025-02-28",
        "close": 26.18,
        "volume": 13099614,
        "typical_volume": 6771308.8,
        "trend": 24.011778,
        "fair_value": 18.273974,
        "relative_strength": 0.123921,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 60.764578,
        "energy": 46.612941,
        "activity_lines": [
          25.92,
          25.531636,
          25.119016,
          24.615398
        ]
      },
      {
        "date": "2025-03-07",
        "close": 24.186667,
        "volume": 13244326,
        "typical_volume": 7141638.6,
        "trend": 24.066889,
        "fair_value": 18.341923,
        "relative_strength": -4.174232,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 41.807809,
        "energy": 24.477537,
        "activity_lines": [
          25.394222,
          25.357333,
          25.074,
          24.626681
        ]
      },
      {
        "date": "2025-03-14",
        "close": 24.78,
        "volume": 10020414,
        "typical_volume": 7241519.25,
        "trend": 24.132667,
        "fair_value": 18.407009,
        "relative_strength": 0.737771,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 35.325982,
        "energy": 19.644376,
        "activity_lines": [
          25.149333,
          25.287515,
          25.078222,
          24.672688
        ]
      },
      {
        "date": "2025-03-21",
        "close": 24.76,
        "volume": 5108399,
        "typical_volume": 6993286.4,
        "trend": 24.163333,
        "fair_value": 18.474444,
        "relative_strength": 0.432299,
        "stage": 3,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 29.361131,
        "energy": 15.787996,
        "activity_lines": [
          24.957778,
          25.207758,
          25.066794,
          24.713161
        ]
      },
      {
        "date": "2025-03-28",
        "close": 23.986667,
        "volume": 5314251,
        "typical_volume": 6776822.1,
        "trend": 24.172889,
        "fair_value": 18.538291,
        "relative_strength": -0.919995,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 4.689682,
        "energy": 13.187681,
        "activity_lines": [
          24.524445,
          24.969576,
          24.976,
          24.701763
        ]
      },
      {
        "date": "2025-04-04",
        "close": 21.58,
        "volume": 8623045,
        "typical_volume": 6822774.7,
        "trend": 24.162889,
        "fair_value": 18.592479,
        "relative_strength": -1.605982,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -36.614741,
        "energy": 40.54942,
        "activity_lines": [
          23.458222,
          24.311636,
          24.659556,
          24.53448
        ]
      },
      {
        "date": "2025-04-11",
        "close": 23.133333,
        "volume": 8630340,
        "typical_volume": 6981876.45,
        "trend": 24.168,
        "fair_value": 18.65641,
        "relative_strength": 0.153597,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -20.520272,
        "energy": 38.046849,
        "activity_lines": [
          23.216444,
          24.006545,
          24.500571,
          24.468057
        ]
      },
      {
        "date": "2025-04-18",
        "close": 23.193333,
        "volume": 5845978,
        "typical_volume": 7043901.65,
        "trend": 24.158444,
        "fair_value": 18.723162,
        "relative_strength": 2.138549,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -28.474531,
        "energy": 45.122375,
        "activity_lines": [
          23.064889,
          23.754182,
          24.354635,
          24.405176
        ]
      },
      {
        "date": "2025-04-25",
        "close": 24.96,
        "volume": 6359058,
        "typical_volume": 7065553.45,
        "trend": 24.242889,
        "fair_value": 18.803846,
        "relative_strength": 5.329086,
        "stage": 3,
        "regime": "rotation_down",
        "modifier": "Supply rotation",
        "gate": "mixed",
        "direction": -16.284276,
        "energy": 25.075975,
        "activity_lines": [
          23.608,
          23.868242,
          24.386444,
          24.456889
        ]
      },
      {
        "date": "2025-05-02",
        "close": 28.213333,
        "volume": 11964524,
        "typical_volume": 7180812.3,
        "trend": 24.469333,
        "fair_value": 18.911453,
        "relative_strength": 15.620454,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 54.566125,
        "energy": 29.179542,
        "activity_lines": [
          25.222222,
          24.574545,
          24.731778,
          24.713047
        ]
      },
      {
        "date": "2025-05-09",
        "close": 29.44,
        "volume": 14922758,
        "typical_volume": 7485334.45,
        "trend": 24.714,
        "fair_value": 19.027222,
        "relative_strength": 20.960629,
        "stage": 2,
        "regime": "balance",
        "modifier": "Balance after decline",
        "gate": "up",
        "direction": 75.080344,
        "energy": 59.213238,
        "activity_lines": [
          26.963555,
          25.473212,
          25.179048,
          25.033735
        ]
      },
      {
        "date": "2025-05-16",
        "close": 30.6,
        "volume": 10537677,
        "typical_volume": 7896639.45,
        "trend": 24.978667,
        "fair_value": 19.149231,
        "relative_strength": 19.100156,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 81.011946,
        "energy": 81.351105,
        "activity_lines": [
          28.567555,
          26.523515,
          25.713873,
          25.413477
        ]
      },
      {
        "date": "2025-05-23",
        "close": 30.406667,
        "volume": 11099537,
        "typical_volume": 8218736.15,
        "trend": 25.262444,
        "fair_value": 19.266838,
        "relative_strength": 21.104183,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.316208,
        "energy": 85.419055,
        "activity_lines": [
          29.609333,
          27.422061,
          26.198857,
          25.76367
        ]
      },
      {
        "date": "2025-05-30",
        "close": 31.113333,
        "volume": 7672120,
        "typical_volume": 8322119.55,
        "trend": 25.514222,
        "fair_value": 19.390342,
        "relative_strength": 21.371702,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.505828,
        "energy": 88.136717,
        "activity_lines": [
          30.405778,
          28.346788,
          26.722698,
          26.141147
        ]
      },
      {
        "date": "2025-06-06",
        "close": 32.493333,
        "volume": 8858125,
        "typical_volume": 8516757.95,
        "trend": 25.772889,
        "fair_value": 19.527137,
        "relative_strength": 24.306839,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 82.637265,
        "energy": 92.449208,
        "activity_lines": [
          31.252,
          29.406909,
          27.343048,
          26.591412
        ]
      },
      {
        "date": "2025-06-13",
        "close": 31.9,
        "volume": 6552631,
        "typical_volume": 8674661.8,
        "trend": 26.050222,
        "fair_value": 19.670085,
        "relative_strength": 22.146358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 72.010113,
        "energy": 87.080007,
        "activity_lines": [
          31.615111,
          30.204485,
          27.871048,
          26.98671
        ]
      },
      {
        "date": "2025-06-20",
        "close": 34.153333,
        "volume": 15144828,
        "typical_volume": 9107147.2,
        "trend": 26.366222,
        "fair_value": 19.821239,
        "relative_strength": 30.409981,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 84.508955,
        "energy": 88.93694,
        "activity_lines": [
          32.565333,
          31.224121,
          28.582952,
          27.509491
        ]
      },
      {
        "date": "2025-06-27",
        "close": 33.913333,
        "volume": 49455789,
        "typical_volume": 11330290.6,
        "trend": 26.657111,
        "fair_value": 19.974103,
        "relative_strength": 24.687572,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 76.758688,
        "energy": 84.598901,
        "activity_lines": [
          33.198666,
          31.999757,
          29.230476,
          27.996401
        ]
      },
      {
        "date": "2025-07-04",
        "close": 34.33,
        "volume": 8854066,
        "typical_volume": 11508193.9,
        "trend": 26.943667,
        "fair_value": 20.129637,
        "relative_strength": 23.576698,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Early expansion",
        "gate": "up",
        "direction": 75.91716,
        "energy": 82.22285,
        "activity_lines": [
          33.737111,
          32.656242,
          29.878476,
          28.491426
        ]
      },
      {
        "date": "2025-07-11",
        "close": 34.41,
        "volume": 9617204,
        "typical_volume": 11546234.2,
        "trend": 27.254444,
        "fair_value": 20.284957,
        "relative_strength": 23.701598,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.312556,
        "energy": 85.294966,
        "activity_lines": [
          34.087778,
          33.156909,
          30.489667,
          28.973125
        ]
      },
      {
        "date": "2025-07-18",
        "close": 34.77,
        "volume": 18985391,
        "typical_volume": 11840523.05,
        "trend": 27.592555,
        "fair_value": 20.437799,
        "relative_strength": 23.660149,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.248498,
        "energy": 83.23412,
        "activity_lines": [
          34.430667,
          33.610364,
          31.097603,
          29.458
        ]
      },
      {
        "date": "2025-07-25",
        "close": 35.15,
        "volume": 12341866,
        "typical_volume": 11795400.05,
        "trend": 27.964222,
        "fair_value": 20.587436,
        "relative_strength": 22.66622,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.794569,
        "energy": 81.248072,
        "activity_lines": [
          34.708889,
          34.036,
          31.700825,
          29.945577
        ]
      },
      {
        "date": "2025-08-01",
        "close": 35.07,
        "volume": 19417888,
        "typical_volume": 12265273.75,
        "trend": 28.318778,
        "fair_value": 20.738312,
        "relative_strength": 24.725247,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 71.153962,
        "energy": 75.65627,
        "activity_lines": [
          34.894,
          34.364364,
          32.244222,
          30.404014
        ]
      },
      {
        "date": "2025-08-08",
        "close": 34.46,
        "volume": 13023428,
        "typical_volume": 12661025.2,
        "trend": 28.674778,
        "fair_value": 20.882329,
        "relative_strength": 19.011401,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 66.287885,
        "energy": 63.744718,
        "activity_lines": [
          34.798667,
          34.49703,
          32.680524,
          30.800222
        ]
      },
      {
        "date": "2025-08-15",
        "close": 35.28,
        "volume": 14016447,
        "typical_volume": 13096135.0,
        "trend": 29.018555,
        "fair_value": 21.035662,
        "relative_strength": 19.988963,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 70.316346,
        "energy": 64.034006,
        "activity_lines": [
          34.968,
          34.717939,
          33.14873,
          31.226366
        ]
      },
      {
        "date": "2025-08-22",
        "close": 35.76,
        "volume": 9875422,
        "typical_volume": 13158753.85,
        "trend": 29.362111,
        "fair_value": 21.196944,
        "relative_strength": 20.63553,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 73.272914,
        "energy": 64.630286,
        "activity_lines": [
          35.239333,
          34.975455,
          33.608873,
          31.661297
        ]
      },
      {
        "date": "2025-08-29",
        "close": 35.68,
        "volume": 12553725,
        "typical_volume": 13354923.1,
        "trend": 29.703667,
        "fair_value": 21.360705,
        "relative_strength": 19.775044,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.719554,
        "energy": 61.003614,
        "activity_lines": [
          35.418,
          35.148242,
          33.993873,
          32.068903
        ]
      },
      {
        "date": "2025-09-05",
        "close": 34.96,
        "volume": 10609323,
        "typical_volume": 13593090.35,
        "trend": 30.013,
        "fair_value": 21.516047,
        "relative_strength": 16.330279,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 62.705445,
        "energy": 56.365073,
        "activity_lines": [
          35.321333,
          35.162364,
          34.250556,
          32.408021
        ]
      },
      {
        "date": "2025-09-12",
        "close": 34.88,
        "volume": 14583503,
        "typical_volume": 14004312.6,
        "trend": 30.342333,
        "fair_value": 21.675791,
        "relative_strength": 13.719419,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 59.412909,
        "energy": 50.12311,
        "activity_lines": [
          35.205333,
          35.142909,
          34.443587,
          32.722021
        ]
      },
      {
        "date": "2025-09-19",
        "close": 34.95,
        "volume": 13627882,
        "typical_volume": 14087480.5,
        "trend": 30.623111,
        "fair_value": 21.840171,
        "relative_strength": 12.057931,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 48.238049,
        "energy": 41.751699,
        "activity_lines": [
          35.084667,
          35.126182,
          34.596048,
          33.01929
        ]
      },
      {
        "date": "2025-09-26",
        "close": 34.21,
        "volume": 9038153,
        "typical_volume": 13793250.25,
        "trend": 30.890778,
        "fair_value": 22.002756,
        "relative_strength": 9.460627,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 41.334928,
        "energy": 29.758893,
        "activity_lines": [
          34.739333,
          34.965091,
          34.645952,
          33.250702
        ]
      },
      {
        "date": "2025-10-03",
        "close": 34.6,
        "volume": 9610941,
        "typical_volume": 13746913.45,
        "trend": 31.237889,
        "fair_value": 22.164338,
        "relative_strength": 8.871172,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 37.376273,
        "energy": 24.924015,
        "activity_lines": [
          34.627333,
          34.885091,
          34.710286,
          33.490007
        ]
      },
      {
        "date": "2025-10-10",
        "close": 34.05,
        "volume": 9196464,
        "typical_volume": 13651759.8,
        "trend": 31.546889,
        "fair_value": 22.321923,
        "relative_strength": 9.197693,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 31.486217,
        "energy": 17.554119,
        "activity_lines": [
          34.404,
          34.715091,
          34.70319,
          33.671434
        ]
      },
      {
        "date": "2025-10-17",
        "close": 34.24,
        "volume": 8481823,
        "typical_volume": 13692244.95,
        "trend": 31.862889,
        "fair_value": 22.476838,
        "relative_strength": 7.395651,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 19.2883,
        "energy": 13.971989,
        "activity_lines": [
          34.304667,
          34.598182,
          34.696841,
          33.845183
        ]
      },
      {
        "date": "2025-10-24",
        "close": 34.77,
        "volume": 9175575,
        "typical_volume": 13708117.45,
        "trend": 32.222333,
        "fair_value": 22.628739,
        "relative_strength": 6.42961,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 22.036462,
        "energy": 12.821268,
        "activity_lines": [
          34.424667,
          34.581636,
          34.726079,
          34.032738
        ]
      },
      {
        "date": "2025-10-31",
        "close": 36.82,
        "volume": 16373539,
        "typical_volume": 14199162.85,
        "trend": 32.730333,
        "fair_value": 22.790192,
        "relative_strength": 11.366967,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 69.038792,
        "energy": 38.152109,
        "activity_lines": [
          35.24,
          34.947091,
          34.939714,
          34.329362
        ]
      },
      {
        "date": "2025-11-07",
        "close": 36.25,
        "volume": 16229961,
        "typical_volume": 14253419.5,
        "trend": 33.167555,
        "fair_value": 22.94141,
        "relative_strength": 10.919221,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 62.058495,
        "energy": 42.863739,
        "activity_lines": [
          35.691333,
          35.189636,
          35.075635,
          34.556437
        ]
      },
      {
        "date": "2025-11-14",
        "close": 37.35,
        "volume": 17510007,
        "typical_volume": 12656130.4,
        "trend": 33.639444,
        "fair_value": 23.099893,
        "relative_strength": 13.456888,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 72.722302,
        "energy": 66.488069,
        "activity_lines": [
          36.399333,
          35.621818,
          35.306333,
          34.826272
        ]
      },
      {
        "date": "2025-11-21",
        "close": 36.86,
        "volume": 15253679,
        "typical_volume": 12976111.05,
        "trend": 34.036111,
        "fair_value": 23.255876,
        "relative_strength": 13.536358,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 63.624178,
        "energy": 67.446674,
        "activity_lines": [
          36.724,
          35.921455,
          35.474,
          35.03405
        ]
      },
      {
        "date": "2025-11-28",
        "close": 39.56,
        "volume": 8738195,
        "typical_volume": 12932160.6,
        "trend": 34.414333,
        "fair_value": 23.426603,
        "relative_strength": 16.798915,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 85.59713,
        "energy": 80.539342,
        "activity_lines": [
          37.774,
          36.676,
          35.886762,
          35.39043
        ]
      },
      {
        "date": "2025-12-05",
        "close": 39.06,
        "volume": 8586939,
        "typical_volume": 12412238.0,
        "trend": 34.735,
        "fair_value": 23.597115,
        "relative_strength": 14.309851,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 76.158077,
        "energy": 79.829666,
        "activity_lines": [
          38.338,
          37.255818,
          36.227381,
          35.690151
        ]
      },
      {
        "date": "2025-12-12",
        "close": 39.66,
        "volume": 17710264,
        "typical_volume": 12680657.9,
        "trend": 35.037,
        "fair_value": 23.771774,
        "relative_strength": 16.011782,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 75.403542,
        "energy": 77.928579,
        "activity_lines": [
          38.952667,
          37.856545,
          36.604714,
          36.007892
        ]
      },
      {
        "date": "2025-12-19",
        "close": 38.88,
        "volume": 12886308,
        "typical_volume": 12354078.9,
        "trend": 35.319444,
        "fair_value": 23.941517,
        "relative_strength": 12.945983,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.889795,
        "energy": 70.632016,
        "activity_lines": [
          39.08,
          38.223455,
          36.886286,
          36.255828
        ]
      },
      {
        "date": "2025-12-26",
        "close": 39.57,
        "volume": 3776954,
        "typical_volume": 11891755.2,
        "trend": 35.601333,
        "fair_value": 24.114786,
        "relative_strength": 12.624685,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.490691,
        "energy": 62.658771,
        "activity_lines": [
          39.335333,
          38.628,
          37.215429,
          36.530057
        ]
      },
      {
        "date": "2026-01-02",
        "close": 38.97,
        "volume": 6618042,
        "typical_volume": 11521834.95,
        "trend": 35.817222,
        "fair_value": 24.283056,
        "relative_strength": 11.432683,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 61.176513,
        "energy": 49.050932,
        "activity_lines": [
          39.21,
          38.826545,
          37.463095,
          36.747391
        ]
      },
      {
        "date": "2026-01-09",
        "close": 41.87,
        "volume": 17237990,
        "typical_volume": 11889963.35,
        "trend": 36.149556,
        "fair_value": 24.462949,
        "relative_strength": 17.014902,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 80.213938,
        "energy": 57.565378,
        "activity_lines": [
          40.090667,
          39.476,
          37.969381,
          37.137892
        ]
      },
      {
        "date": "2026-01-16",
        "close": 42.82,
        "volume": 11069122,
        "typical_volume": 11815733.2,
        "trend": 36.438444,
        "fair_value": 24.65235,
        "relative_strength": 19.213467,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 81.358279,
        "energy": 73.077941,
        "activity_lines": [
          41.100667,
          40.206364,
          38.537048,
          37.568244
        ]
      },
      {
        "date": "2026-01-23",
        "close": 41.83,
        "volume": 7713021,
        "typical_volume": 11670918.1,
        "trend": 36.702333,
        "fair_value": 24.82844,
        "relative_strength": 16.07971,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 67.244797,
        "energy": 70.742942,
        "activity_lines": [
          41.57,
          40.637273,
          38.976429,
          37.916086
        ]
      },
      {
        "date": "2026-01-30",
        "close": 41.57,
        "volume": 8636218,
        "typical_volume": 11373553.85,
        "trend": 36.943667,
        "fair_value": 24.999615,
        "relative_strength": 14.174092,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 64.42231,
        "energy": 74.19627,
        "activity_lines": [
          41.756,
          40.939455,
          39.358333,
          38.230129
        ]
      },
      {
        "date": "2026-02-06",
        "close": 44.45,
        "volume": 12652719,
        "typical_volume": 11324795.7,
        "trend": 37.278333,
        "fair_value": 25.193397,
        "relative_strength": 21.385956,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 81.713115,
        "energy": 81.738686,
        "activity_lines": [
          42.768667,
          41.679636,
          39.982667,
          38.714409
        ]
      },
      {
        "date": "2026-02-13",
        "close": 44.41,
        "volume": 10361462,
        "typical_volume": 11390961.15,
        "trend": 37.599667,
        "fair_value": 25.383803,
        "relative_strength": 21.809459,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 76.88641,
        "energy": 75.989712,
        "activity_lines": [
          43.402667,
          42.323636,
          40.557952,
          39.174516
        ]
      },
      {
        "date": "2026-02-20",
        "close": 44.64,
        "volume": 9355912,
        "typical_volume": 11378209.7,
        "trend": 37.916,
        "fair_value": 25.569103,
        "relative_strength": 20.21112,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 74.216035,
        "energy": 76.084529,
        "activity_lines": [
          43.944,
          42.912182,
          41.106571,
          39.628731
        ]
      },
      {
        "date": "2026-02-27",
        "close": 44.46,
        "volume": 18921378,
        "typical_volume": 11864455.4,
        "trend": 38.229,
        "fair_value": 25.751068,
        "relative_strength": 19.46372,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 68.15114,
        "energy": 73.341807,
        "activity_lines": [
          44.304,
          43.377455,
          41.590238,
          40.050925
        ]
      },
      {
        "date": "2026-03-06",
        "close": 41.87,
        "volume": 13638764,
        "typical_volume": 12122302.45,
        "trend": 38.476,
        "fair_value": 25.927286,
        "relative_strength": 13.982366,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 61.363643,
        "energy": 50.469202,
        "activity_lines": [
          43.625333,
          43.270364,
          41.777667,
          40.285828
        ]
      },
      {
        "date": "2026-03-13",
        "close": 39.92,
        "volume": 15274318,
        "typical_volume": 12427239.6,
        "trend": 38.630667,
        "fair_value": 26.096218,
        "relative_strength": 9.721971,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Established expansion",
        "gate": "up",
        "direction": 38.304111,
        "energy": 28.040839,
        "activity_lines": [
          42.276667,
          42.766909,
          41.743048,
          40.378989
        ]
      },
      {
        "date": "2026-03-20",
        "close": 39.5,
        "volume": 18717863,
        "typical_volume": 12544455.8,
        "trend": 38.755333,
        "fair_value": 26.259338,
        "relative_strength": 9.924845,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 20.238171,
        "energy": 20.270568,
        "activity_lines": [
          41.09,
          42.169818,
          41.643905,
          40.435075
        ]
      },
      {
        "date": "2026-03-27",
        "close": 39.91,
        "volume": 16400976,
        "typical_volume": 12553006.55,
        "trend": 38.896333,
        "fair_value": 26.419103,
        "relative_strength": 12.847041,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.91184,
        "energy": 23.139522,
        "activity_lines": [
          40.367333,
          41.690364,
          41.571048,
          40.50957
        ]
      },
      {
        "date": "2026-04-03",
        "close": 42.03,
        "volume": 13966840,
        "typical_volume": 12375848.2,
        "trend": 39.132,
        "fair_value": 26.599167,
        "relative_strength": 14.080367,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 14.2272,
        "energy": 19.095425,
        "activity_lines": [
          40.666667,
          41.649273,
          41.682667,
          40.711742
        ]
      },
      {
        "date": "2026-04-10",
        "close": 44.41,
        "volume": 12090189,
        "typical_volume": 12217673.7,
        "trend": 39.449667,
        "fair_value": 26.793034,
        "relative_strength": 15.496644,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Recompressing",
        "gate": "up",
        "direction": 46.273647,
        "energy": 19.736911,
        "activity_lines": [
          41.921333,
          42.037273,
          41.998667,
          41.052258
        ]
      },
      {
        "date": "2026-04-17",
        "close": 46.75,
        "volume": 17237075,
        "typical_volume": 12642617.7,
        "trend": 39.843,
        "fair_value": 26.99985,
        "relative_strength": 15.494885,
        "stage": 2,
        "regime": "deceleration",
        "modifier": "Momentum cooling",
        "gate": "up",
        "direction": 69.895533,
        "energy": 47.255264,
        "activity_lines": [
          43.786667,
          42.799091,
          42.501571,
          41.523247
        ]
      },
      {
        "date": "2026-04-24",
        "close": 48.6,
        "volume": 13888080,
        "typical_volume": 12907674.75,
        "trend": 40.322667,
        "fair_value": 27.214124,
        "relative_strength": 18.537427,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 77.915882,
        "energy": 76.788824,
        "activity_lines": [
          45.813333,
          43.855455,
          43.146429,
          42.088215
        ]
      },
      {
        "date": "2026-05-01",
        "close": 45.94,
        "volume": 18592303,
        "typical_volume": 12951776.7,
        "trend": 40.700667,
        "fair_value": 27.4125,
        "relative_strength": 10.510501,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 60.269021,
        "energy": 71.371387,
        "activity_lines": [
          46.346667,
          44.352,
          43.492524,
          42.450624
        ]
      },
      {
        "date": "2026-05-08",
        "close": 44.04,
        "volume": 16323148,
        "typical_volume": 13123618.7,
        "trend": 41.033667,
        "fair_value": 27.598269,
        "relative_strength": 3.263761,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 59.668761,
        "energy": 65.97876,
        "activity_lines": [
          45.844667,
          44.479455,
          43.627762,
          42.666065
        ]
      },
      {
        "date": "2026-05-15",
        "close": 43.25,
        "volume": 11024276,
        "typical_volume": 13485984.8,
        "trend": 41.334,
        "fair_value": 27.77688,
        "relative_strength": 0.983003,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 53.361268,
        "energy": 36.630265,
        "activity_lines": [
          44.945333,
          44.470909,
          43.66319,
          42.809054
        ]
      },
      {
        "date": "2026-05-22",
        "close": 41.63,
        "volume": 10209286,
        "typical_volume": 13665547.0,
        "trend": 41.562667,
        "fair_value": 27.946303,
        "relative_strength": -3.729908,
        "stage": 2,
        "regime": "upward_expansion",
        "modifier": "Re-accelerating",
        "gate": "up",
        "direction": 22.344277,
        "energy": 13.412964,
        "activity_lines": [
          43.583333,
          44.142727,
          43.52681,
          42.828151
        ]
      },
      {
        "date": "2026-05-29",
        "close": 41.0,
        "volume": 9679531,
        "typical_volume": 13287624.05,
        "trend": 41.702,
        "fair_value": 28.10891,
        "relative_strength": -6.570325,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 10.274923,
        "energy": 17.700727,
        "activity_lines": [
          42.352667,
          43.668909,
          43.317762,
          42.791849
        ]
      },
      {
        "date": "2026-06-05",
        "close": 41.98,
        "volume": 15938964,
        "typical_volume": 13531116.15,
        "trend": 41.893,
        "fair_value": 28.272842,
        "relative_strength": -1.94889,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "up",
        "direction": 16.447086,
        "energy": 21.821666,
        "activity_lines": [
          41.955333,
          43.346,
          43.20619,
          42.809785
        ]
      },
      {
        "date": "2026-06-12",
        "close": 42.34,
        "volume": 13127000,
        "typical_volume": 13801815.1,
        "trend": 42.059333,
        "fair_value": 28.434936,
        "relative_strength": -1.766755,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -10.9891,
        "energy": 18.656965,
        "activity_lines": [
          41.942,
          43.050909,
          43.132905,
          42.838624
        ]
      },
      {
        "date": "2026-06-19",
        "close": 42.54,
        "volume": 16299386,
        "typical_volume": 14184973.5,
        "trend": 42.248667,
        "fair_value": 28.59891,
        "relative_strength": -2.1748,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.655647,
        "energy": 14.248376,
        "activity_lines": [
          42.108667,
          42.786545,
          43.076238,
          42.869634
        ]
      },
      {
        "date": "2026-06-26",
        "close": 41.15,
        "volume": 16858344,
        "typical_volume": 14395254.75,
        "trend": 42.301667,
        "fair_value": 28.746197,
        "relative_strength": -3.089134,
        "stage": 2,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -17.321894,
        "energy": 15.09729,
        "activity_lines": [
          41.859333,
          42.303455,
          42.882571,
          42.798753
        ]
      },
      {
        "date": "2026-07-03",
        "close": 41.98,
        "volume": 13754178,
        "typical_volume": 14564890.55,
        "trend": 42.399,
        "fair_value": 28.902436,
        "relative_strength": -3.25796,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -9.766314,
        "energy": 10.827178,
        "activity_lines": [
          41.918667,
          42.073091,
          42.783667,
          42.778
        ]
      },
      {
        "date": "2026-07-10",
        "close": 41.36,
        "volume": 13877983,
        "typical_volume": 14790994.1,
        "trend": 42.455667,
        "fair_value": 29.046966,
        "relative_strength": -5.939583,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -22.939258,
        "energy": 16.815745,
        "activity_lines": [
          41.706,
          41.850364,
          42.637286,
          42.710968
        ]
      },
      {
        "date": "2026-07-17",
        "close": 40.12,
        "volume": 9325660,
        "typical_volume": 14311208.2,
        "trend": 42.497,
        "fair_value": 29.183291,
        "relative_strength": -7.265843,
        "stage": 3,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "mixed",
        "direction": -32.870119,
        "energy": 32.999345,
        "activity_lines": [
          41.121333,
          41.485455,
          42.388429,
          42.56028
        ]
      },
      {
        "date": "2026-07-24",
        "close": 39.57,
        "volume": 15827194,
        "typical_volume": 14420629.7,
        "trend": 42.497,
        "fair_value": 29.316047,
        "relative_strength": -7.929579,
        "stage": 4,
        "regime": "balance",
        "modifier": "Upper balance after advance",
        "gate": "down",
        "direction": -62.908148,
        "energy": 50.986531,
        "activity_lines": [
          40.501333,
          41.091818,
          42.107857,
          42.371441
        ]
      },
      {
        "date": "2026-07-31",
        "close": 39.68,
        "volume": 18175283,
        "typical_volume": 14565677.95,
        "trend": 42.520667,
        "fair_value": 29.450235,
        "relative_strength": -8.556368,
        "stage": 4,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -61.998986,
        "energy": 57.20817,
        "activity_lines": [
          40.116,
          40.785091,
          41.848714,
          42.189699
        ]
      },
      {
        "date": "2026-08-07",
        "close": 41.72,
        "volume": 13015273,
        "typical_volume": 14280548.45,
        "trend": 42.515667,
        "fair_value": 29.597927,
        "relative_strength": -7.094151,
        "stage": 3,
        "regime": "downward_expansion",
        "modifier": "Early contraction",
        "gate": "down",
        "direction": -53.988738,
        "energy": 44.884819,
        "activity_lines": [
          40.508667,
          40.884727,
          41.785,
          42.138043
        ]
      }
    ],
    "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."
    }
  }
}